The Treasury Department Thursday sold $7 billion of inflation-indexed 30-year bonds at a 1.120% yield, an adjusted price of 96.792685, with a 1% coupon.
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The bid-to-cover ratio was 2.11.
All competitive tenders at yields lower than the high yield were accepted in full. Tenders at the market-clearing yield were allotted 80.70%.
The bonds are have an issue date of Feb. 29, a dated date of Feb. 15 and are due Feb. 15, 2046.
Among competitive tenders, the median yield was 1.010% and the low yield was 0.970%, Treasury said.
Tenders totaled $14,790,548,000 of which the Treasury accepted $7,000,001,000. Noncompetitive tenders totaled $20,223,000. The Federal Reserve Banks bought $2,346,033,000 for their own accounts.
