NEW YORK - The Treasury Department today auctioned $13 billion of 29-year 11-month bonds with a 4 1/4% coupon at a 4.410% high yield, a price of 97.349324.
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The bid-to-cover ratio was 2.74.
Tenders at the high yield were allotted 36.49%.
The median yield was 4.380%. The low yield was 4.320%.
Tenders totaled $35,660,026,100 and the Treasury accepted $13,000,025,100 including $24,946,100 non-competitive.
The Fed banks also bought $189,090,900 for their own account in exchange for maturing securities.
The bonds, dated Nov. 15, will mature Nov. 15, 2040.
