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FED ERAL RE SE R V E BANK
O F NEW YORK
Fiscal A g en t o f the U nited States
I"Circular No. 4 6 6 2 "1
L November 17, 1958 J

Results o f B id d in g fo r 214-D ay Treasury B ills, Dated N ovem b er 2 0 ,1 9 5 8
T a x A n ticip ation Series

T o A ll Incorporated Banks and Trust Com panies, and Others Concerned,
in th e Second Federal R eserve D istrict:

The Treasury Department announced that the tenders for $3,000,000,000, or
thereabouts, of Tax Anticipation Series 214-day Treasury bills to be dated Novem­
ber 20, 1958, and to mature June 22, 1959, which were offered on November 10, were
opened at the Federal Reserve Banks on November 14.
The details of this issue are as follows:
T o ta l a p p lie d f o r . . .

$ 5 ,9 5 3 ,8 7 2 ,0 0 0

T o t a l a c c e p t e d ...........$ 3 ,0 0 0 ,2 2 4 ,0 0 0

R a n g e o f a c c e p te d c o m p e titiv e b i d s :

H ig h

L ow

( i n c l u d e s $ 7 4 7 ,8 8 5 ,0 0 0 e n t e r e d o n a n o n ­
c o m p e t i t i v e b a s is a n d a c c e p t e d i n f u l l
a t th e a v e r a g e p r i c e s h o w n b e l o w )
( e x c e p t in g th re e te n d e r s to t a lin g
$ 5 ,0 5 0 ,0 0 0 )

................................

9 8 .2 7 6

E q u iv a le n t ra te o f d is c o u n t a p p r o x .
2 .9 0 0 % p e r a n n u m

...................................

9 8 .1 9 3

E q u iv a le n t ra te o f d is c o u n t a p p r o x .
3 .0 4 0 % p e r a n n u m

9 8 .2 1 8

E q u iv a le n t ra te o f d is c o u n t a p p r o x .
2 .9 9 7 % p e r a n n u m

A verage

........................

( 5 8 p e r c e n t o f th e a m o u n t b i d f o r a t t h e l o w p r i c e w a s a c c e p t e d )
Federal Reserve
D istrict
B o sto n

T otal
A pplied f o r

................................................................ $

N ew Y ork

........................................................

P h ila d e lp h ia
C le v e la n d
R ic h m o n d

2 6 1 ,2 9 2 ,0 0 0

Total
A ccep ted
$

1 2 4 ,4 0 2 ,0 0 0

2 ,5 2 6 ,7 1 6 ,0 0 0

8 5 7 ,5 3 0 ,0 0 0

..................................................

2 0 7 ,7 6 3 ,0 0 0

9 0 ,2 6 3 ,0 0 0

........................................................

3 3 9 ,8 8 3 ,0 0 0

1 7 2 ,3 6 3 ,0 0 0

........................................................

1 7 7 ,5 1 7 ,0 0 0

1 3 4 ,7 6 3 ,0 0 0

A tla n ta

.............................................................

2 0 1 ,6 4 3 ,0 0 0

1 4 6 ,2 1 8 ,0 0 0

C h ic a g o

.............................................................

9 4 5 ,5 7 7 ,0 0 0

5 8 3 ,5 5 6 ,0 0 0

..........................................................

1 6 0 ,4 7 8 ,0 0 0

9 1 ,5 5 8 ,0 0 0

1 4 9 ,5 5 6 ,0 0 0

1 2 6 ,0 8 6 ,0 0 0
1 3 2 ,9 6 0 ,0 0 0

S t. L o u is

M in n e a p o lis

..................................................

K a n s a s C ity

..................................................

1 7 2 ,3 2 2 ,0 0 0

................................................................

2 7 5 ,1 3 6 ,0 0 0

2 5 2 ,3 3 6 ,0 0 0

.............................................

5 3 5 ,9 8 9 ,0 0 0

2 8 8 ,1 8 9 ,0 0 0

T o t a l ........................................................

$ 5 ,9 5 3 ,8 7 2 ,0 0 0

$ 3 ,0 0 0 ,2 2 4 ,0 0 0

D a l la s

S a n F r a n c is c o




A

lfred

H

ayes,

President.