Auction Results: 30-Year U.S. Treasuries

For the graphs that go with this blog post, see: 30-Year U.S. Treasury Auction Results.

On Thursday June 11, 2009 the US Treasury department said it received bids totaling more than $29 billion for the $11 billion worth of 30-year notes sold. The bid-to-cover ratio, a gauge of demand, was 2.68, the highest since May 2008 and well above the average of 2.39 in the previous three 30-year reopening auctions according to Reuters.

30-Yr U.S. Treasury auction summary:

• $29.6 billion Tendered
• $11.1 billion Accepted
• CUSIP Number 912810QB7
• Series: Bonds of May 2039
• Interest Rate 4-1/48%
• High Yield: 4.72%
• Median Yield: 4.684%
• Low Yield: 4.599%
• Issue Date: June 15, 2009
• Maturity Date: May 15, 2039

For more details, see:

• US Treasury Rates at a Glance
  
• US Treasury Announcement - PDF File