The Treasury Department Thursday auctioned $13 billion of 29-year 10-month bonds with a 3 1/8% coupon at a 2.998% high yield, a price of 102.487803.
The bid-to-cover ratio was 2.49.
Tenders at the high yield were allotted 33.48%.
The median yield was 2.950%. The low yield was 2.900%.
Tenders totaled $32,400,770,900 and the Treasury accepted $13,000,012,900 including $5,520,900 non-competitive.
The Fed banks also bought nothing for their own account in exchange for maturing securities.
The bonds dated Feb. 15, will mature Feb. 15, 2043.
