NEW YORK - The Treasury Department today auctioned $13 billion of 29-year 10-month bonds with a 4 3/8% coupon at a 4.640% high yield, a price of 95.731167.
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The bid-to-cover ratio was 2.68.
Tenders at the high yield were allotted 27.21%.
The median yield was 4.607%. The low yield was 4.500%.
Tenders totaled $34,893,909,900 and the Treasury accepted $13,000,034,100 including $17,459,900 non-competitive.
The Fed banks also bought $504,755,100 for their own account in exchange for maturing securities.
The bonds, dated Nov. 15, will mature Nov. 15, 2039.
