NEW YORK - The Treasury Department Monday sold $9 billion of inflation-indexed 30-year bonds at a 2.190% yield, an adjusted price of 98.655406, with a 2 1/8% coupon.
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The bid-to-cover ratio was 2.54.
All competitive tenders at yields lower than the high yield were accepted in full. Tenders at the market-clearing yield were allotted 98.60%.
The bonds are dated Feb. 15 and due Feb. 15, 2041.
Among competitive tenders, the median yield was 2.130% and the low yield 1.999%, Treasury said.
Tenders totaled $22,888,426,900 of which the Treasury accepted $9,000,056,900. Noncompetitive tenders totaled $58,416,900. The Federal Reserve Banks bought $494,392,000 for their own accounts.
