The Treasury Department yesterday sold $25 billion 5-day cash management bills, dated April 10 and due April 15, at a 2.290% high tender rate. The bid to cover ratio was 2.79. The coupon equivalent was 2.323%. The price was 99.968194.
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