NEW YORK - The Treasury Department today sold $25 billion 57-day cash management bills, dated Sept. 30, due Nov. 26, at a 0.130% high tender rate.
The bid to cover ratio was 4.57.
The coupon equivalent was 0.132%. The price was 99.979417.
The low bid was 0.080%. The median bid was 0.120%. Tenders at the high were allotted 97.00%.
Tenders totaled $114,167,905,000 and the Treasury accepted $25,000,405,000, including $2,905,000 non-competitive.
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