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    For Immediate Release October 08, 2009

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    The U.S. Treasury auctioned $12 billion of 29-year 10-month bonds with a 4.5% interest rate. The high yield on accepted bids was 4.009% and 27.53% of bids were accepted at the high price of 108.490231. Primary dealers tendered $6.8 billion, direct bidders tendered $1 billion, and indirect bidders tendered $4.1 billion of the $12 billion in accepted competitive tenders.

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    For Immediate Release October 08, 2009

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    The U.S. Treasury auctioned $12 billion of 29-year 10-month bonds with a 4.5% interest rate. The high yield on accepted bids was 4.009% and 27.53% of bids were accepted at the high price of 108.490231. Primary dealers tendered $6.8 billion, direct bidders tendered $1 billion, and indirect bidders tendered $4.1 billion of the $12 billion in accepted competitive tenders.

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    The U.S. Treasury auctioned $12 billion of 29-year 10-month bonds with a 4.5% interest rate. The high yield on accepted bids was 4.009% and 27.53% of bids were accepted at the high price of 108.490231. Primary dealers tendered $6.8 billion, direct bidders tendered $1 billion, and indirect bidders tendered $4.1 billion of the $12 billion in accepted competitive tenders.

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    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    22 views1 page

    For Immediate Release October 08, 2009

    Uploaded by

    api-25887578
    The U.S. Treasury auctioned $12 billion of 29-year 10-month bonds with a 4.5% interest rate. The high yield on accepted bids was 4.009% and 27.53% of bids were accepted at the high price of 108.490231. Primary dealers tendered $6.8 billion, direct bidders tendered $1 billion, and indirect bidders tendered $4.1 billion of the $12 billion in accepted competitive tenders.

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    of 1

    For Immediate Release CONTACT: Office of Financing

    October 08, 2009 202-504-3550

    TREASURY AUCTION RESULTS


    Term and Type of Security 29-Year 10-Month Bond
    CUSIP Number 912810QC5
    Series Bonds of August 2039

    Interest Rate 4-1/2%


    High Yield1 4.009%
    Allotted at High 27.53%
    Price 108.490231
    Accrued Interest per $1,000 $7.45924

    Median Yield2 3.930%


    Low Yield3 3.825%

    Issue Date October 15, 2009


    Maturity Date August 15, 2039
    Original Issue Date August 17, 2009
    Dated Date August 15, 2009

    Tendered Accepted
    Competitive $28,422,100,000 $11,981,124,000
    Noncompetitive $18,882,700 $18,882,700
    FIMA (Noncompetitive) $0 $0
    Subtotal4 $28,440,982,700 $12,000,006,7005

    SOMA $93,846,100 $93,846,100

    Total $28,534,828,800 $12,093,852,800

    Tendered Accepted
    Primary Dealer6 $20,657,000,000 $6,825,259,000
    Direct Bidder7 $1,510,000,000 $1,022,000,000
    Indirect Bidder8 $6,255,100,000 $4,133,865,000
    Total Competitive $28,422,100,000 $11,981,124,000

    1 5
    All tenders at lower yields were accepted in full. Awards to combined Treasury Direct systems = $7,536,700.
    2 6
    50% of the amount of accepted competitive tenders was tendered at or below Primary dealers as submitters bidding for their own house accounts.
    that yield. 7
    Non-Primary dealer submitters bidding for their own house accounts.
    3 8
    5% of the amount of accepted competitive tenders was tendered at or below Customers placing competitive bids through a direct submitter, including
    that yield. Foreign and International Monetary Authorities placing bids through the
    4 Federal Reserve Bank of New York.
    Bid-to-Cover Ratio: $28,440,982,700/$12,000,006,700 = 2.37

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