The Treasury Department Thursday auctioned $13 billion of 29-year 10-month bonds with a 3 3/4% coupon at a 3.899% high yield, a price of 97.378077.
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The bid-to-cover ratio was 2.57.
Tenders at the high yield were allotted 69.13%.
The median yield was 3.860%. The low yield was 3.800%.
Tenders totaled $33,430,279,500 and the Treasury accepted $13,000,032,100 including $5,979,500 non-competitive.
The Fed banks also bought nothing for their own account in exchange for maturing securities.
The bonds dated November 15, will mature November 15, 2043.
