NEW YORK - The Treasury Department today auctioned $13 billion of 29-year 10-month bonds with a 4 3/4% coupon at a 4.531% high yield, a price of 103.552179.
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The bid-to-cover ratio was 2.83.
Tenders at the high yield were allotted 34.21%.
The median yield was 4.495%. The low yield was 4.400%.
Tenders totaled $36,809,939,100 and the Treasury accepted $13,000,039,100 including $13,239,100 non-competitive.
The Fed banks also bought $639,931,9 for their own account in exchange for maturing securities.
The bonds, dated Feb. 15, will mature Feb. 15, 2041.
