The Treasury Department Tuesday auctioned $25 billion of 364-day bills at a 0.090% high yield and a price of 99.909000.

The coupon equivalent was 0.092%. The bid-to-cover ratio was 4.65.

Tenders at the high rate were allotted 39.58%. The median yield was 0.080%. The low yield was 0.065%.

The bills have an issue date of Sept. 22 and are due Sept. 20, 2012.

Tenders totaled $116,295,031,200. The Treasury accepted $25,000,324,200, including $136,031,200 of noncompetitive.

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