NEW YORK - The Treasury Department Tuesday sold $20 billion 64-day cash management bills, dated Feb. 15, due April 19, at a 0.120% high tender rate.

The bid to cover ratio was 4.52.

The coupon equivalent was 0.122%. The price was 99.978667.

The low bid was 0.080%. The median bid was 0.110%. Tenders at the high were allotted 30.68%.

Tenders totaled $90,496,100,000 and the Treasury accepted $20,000,500,000, including $6,100,000 non-competitive.

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