The Treasury Department yesterday sold $35 billion of 70-day cash management bills, dated Jan. 29 znc due April 9, at a 0.200% high tender rate.

The bid to cover ratio was 2.49.

The coupon equivalent was 0.203%. The price was 99.961111.

The low bid was 0.080%. The median bid was 0.140%. Tenders at 0.200% were allotted 11.91%.

Tenders totaled $87,043,683,000 and the Treasury accepted $34,987,043,000, including $13,747,000 of noncompetitive.

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