The Treasury Department yesterday sold $50 billion of 42-day cash management bills, due Nov. 13, at a 1.100% high tender rate.
The bid to cover ratio was 2.80. The coupon equivalent was 1.117%. The price was 99.871667.
Independent and authoritative analysis and perspective for the bond buying industry.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In