The Treasury Department Tuesday sold $35 billion 5-day cash management bills, dated Oct. 10, due Oct. 15, at a 0.300% high tender rate.
The bid to cover ratio was 2.84.
The coupon equivalent was 0.304%. The price was 99.995833.
The low bid was 0.150%. The median bid was 0.250%. Tenders at the high were allotted 61.55%.
Tenders totaled $99,540,000,000 and the Treasury accepted $35,000,962,500, including no non-competitive.