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NEW YORK - The Treasury Department today auctioned $13 billion of 30-year bonds with a 4 3/8% coupon at a 4.238% high yield, a price of 102.304368.
The bid-to-cover ratio was 2.63.
Tenders at the high yield were allotted 17.21%.
The median yield was 4.170%. The low yield was 4.100%.
Tenders totaled $34,174,938,200 and the Treasury accepted $13,000,033,700 including $20,138,200 non-competitive.
The Fed banks also bought nothing for their own account in exchange for maturing securities.
The bonds, dated June 15, will mature May 15, 2041.
