The Treasury Department yesterday sold $25 billion of 56-day cash-management bills, dated March 18 and due May 13, at a 0.145% high tender rate.

The bid-to-cover ratio was 4.71. The coupon equivalent was 0.147%. The price was 99.977444.

Subscribe Now

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.