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FEDERAL
statistical

release

U. S. GOVERNMENT SECURITY YIELDS AND PRICES
Calendar week ending July 30, 1966

H. 15

July
25

July
26

July
27

July

28

Yields (per cent per annum)
Auction average:
3-month bills
6-month bills

Price
Bonds, due or callable
in 10 years or more 4/
Note:

Weekly averages
Last
Year
This
ago*
week
week

July
29

j 4.818 i 4.996 3.803
! 4.919 j 5.095 3.873
l
;

4.818
4.919

Market yield:
3-month bills
6-month bills
1-year bills
Other issues, due in
9-12 months 1/
Issues, due in 3-5
years 2/
Bonds, due or callable
in 10 years or more _3/

"

RESERVE

4. 78
4.89
4.90

4.74
4.86
4.89

4. 66
4.86
4.91

4.69
4.88
4.94

4.77
4.96
5.03

4.73
4.89
4.93

4.89
| 4.99
4.96

3. 81
3. 88
3.87

5.18

5.18

5.18

5.19

5.24

5.19

5.23

3. 97

5.22

5.23

5.24

5.27

5.30

5.25

5.22

4.12

4.71

4.72

4.71

4.73

4.74

4.72

4.75

4.15

j78.00

77.89

78.00

77.79

77.68

77.87

77.59

84.46

Yields are averages of those computed by the Federal Reserve Bank of New York
on the basis of closing bid prices. Yields on Treasury bills are computed on
a bank discount basis.

As of July 31, 1965.

1j

Currently includes the 4-1/4 per cent note of May 15, 1967.

2/

Currently includes the following note and bonds:
4 per cent bond of 8/15/70
4 per cent bond of 10/1/69
5 per cent note of 11/15/70
4 per cent bond of 2/15/70

3/

Currently
a
H
It
3-1/4 per
4
per
3-1/2 per
3-1/4 per
3-1/2 per

4/

Prices derived from average market yields on the basis of an assumed 3 per cent,
20-year bond.

includes the following bonds due or callable in 10-years or more:
r~
4
/\ r\
/
1 / /
. .1 A f> ~T
A ^
4-1/4
per
centl_ ofI* 1987-92
cent of 1978-83
4
per cent of 1988-93
cent of 1S80
4-1/8 per cent of 1989-94
cent of 1980
3
per cent of 1995
cent of 1385
3-1/2 per cent of 1998
cent of 1990

GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD

August 1, 1966