The Treasury Department Tuesday auctioned $30 billion of four-week bills at a zero high yield and a price of par.
The coupon equivalent was zero. The bid-to-cover ratio was 6.16. Tenders at the high rate were allotted 27.28%. Tenders totaled $184,970,812,500 and the Treasury accepted $30,010,447,100, including $225,911,500 of noncompetitive.