NEW YORK - The Treasury Department today auctioned $13 billion of 29-year 11-month bonds with a 4 3/8% coupon at a 4.520% high yield, a price of 97.627644.
Processing Content
The bid-to-cover ratio was 2.45.
Tenders at the high yield were allotted 40.62%.
The median yield was 4.420%. The low yield was 4.310%.
Tenders totaled $31,830,399,500 and the Treasury accepted $13,000,034,500 including $18,139,500 non-competitive.
The Fed banks also bought $69,918,900 for their own account in exchange for maturing securities.
The bonds, dated Nov. 15, will mature Nov. 15, 2039.
