The Treasury Department Wednesday sold $25 billion 42-day cash management bills, dated Nov. 8, due Dec. 20, at a 0.125% high tender rate.

The bid to cover ratio was 4.72.

The coupon equivalent was 0.127%. The price was 99.985417.

The low bid was 0.100%. The median bid was 0.120%. Tenders at the high were allotted 50.09%.

Tenders totaled $117,951,218,000 and the Treasury accepted $25,000,575,500, including $1,218,000 non-competitive.

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