NEW YORK - The Treasury Department Thursday sold $9 billion of inflation-indexed 30-year bonds at a 0.770% yield, an adjusted price of 99.347316, with a 3/4% coupon.

The bid-to-cover ratio was 2.46.

All competitive tenders at yields lower than the high yield were accepted in full. Tenders at the market-clearing yield were allotted 32.12%.

The bonds are dated Feb. 15 and due Feb. 15, 2042.

Among competitive tenders, the median yield was 0.654% and the low yield 0.550%, Treasury said.

Tenders totaled $22,147,188,100 of which the Treasury accepted $9,000,004,100. Noncompetitive tenders totaled $43,713,100. The Federal Reserve Banks bought $127,751,900 for their own accounts.

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