The Treasury Department Thursday auctioned $13 billion of 29-year 10-month bonds with a 3% coupon at a 3.084% high yield, a price of 98.364175.
The bid-to-cover ratio was 2.23.
Tenders at the high yield were allotted 49.67%.
The median yield was 3.023%. The low yield was 2.934%.
Tenders totaled $29,003,166,200 and the Treasury accepted $13,000,001,200 including $9,866,200 non-competitive.
The Fed banks also bought nothing for their own account in exchange for maturing securities.
The bonds dated July 15, will mature May 15, 2045.