NEW YORK - The Treasury Department today auctioned $16 billion of 30-year bonds with a 4 3/8% coupon at a 4.469% high yield, a price of 98.454984.
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The bid-to-cover ratio was 2.26.
Tenders at the high yield were allotted 18.01%.
The median yield was 4.388%. The low yield was 4.284%.
Tenders totaled $36,150,215,700 and the Treasury accepted $16,000,002,800 including $27,765,700 non-competitive.
The Fed banks also bought $1,989,301,300 for their own account in exchange for maturing securities.
The bonds, dated Nov. 15, will mature Nov. 15, 2039.
