NEW YORK - The Treasury Department today sold $25 billion 56-day cash management bills, dated Sept. 23, due Nov. 18, at a 0.145% high tender rate.
The bid to cover ratio was 4.44.
The coupon equivalent was 0.147%. The price was 99.977444.
The low bid was 0.120%. The median bid was 0.135%. Tenders at the high were allotted 57.67%.
Tenders totaled $111,013,321,000 and the Treasury accepted $25,000,511,000, including $3,321,000 non-competitive.
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