The Treasury Department Thursday auctioned $13 billion of 30-year bonds with a 3 1/8% coupon at a 3.248% high yield, a price of 97.653846.

The bid-to-cover ratio was 2.43.

Tenders at the high yield were allotted 71.53%.

The median yield was 3.185%. The low yield was 3.150%.

Tenders totaled $31,592,311,100 and the Treasury accepted $13,000,036,000 including $14,511,100 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.

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