The Treasury Department Thursday sold $9 billion of inflation-indexed 30-year bonds at a 1.495% yield, an adjusted price of 97.106083, with a 1 3/8% coupon.
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The bid-to-cover ratio was 2.34.
All competitive tenders at yields lower than the high yield were accepted in full. Tenders at the market-clearing yield were allotted 13.80%.
The bonds are have an issue date of Feb. 28, a dated date of Feb. 15 and are due Feb. 15, 2044.
Among competitive tenders, the median yield was 1.429% and the low yield 1.370%, Treasury said.
Tenders totaled $21,087,871,800 of which the Treasury accepted $9,000,035,800. Noncompetitive tenders totaled $9,751,800. The Federal Reserve Banks bought $25,283,700 for their own accounts.
