NEW YORK - The Treasury Department today auctioned $16 billion of 30-year bonds with a 4 3/8% coupon at a 4.490% high yield, a price of 98.114367.
Processing Content
The bid-to-cover ratio was 2.60.
Tenders at the high yield were allotted 72.22%.
The median yield was 4.438%. The low yield was 4.356%.
Tenders totaled $41,590,462,400 and the Treasury accepted $16,000,056,600 including $29,612,400 non-competitive.
The Fed banks also bought $1,394,456,200 for their own account in exchange for maturing securities.
The bonds, dated May 15, will mature May 15, 2040.
