The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F E D E R A L R ESER VE BANK O F NEW YORK Fiscal A g e n t o f t he U n i t e d S t a t e s C ircu lar No. 7063 D ecem ber 21 , 1972 To A ll B anking In stitu tio n s, and O thers Concerned, in the Second F ederal R e se rv e D istrict: The following statement was made public yesterday by the Treasury Department: RESULTS OF TREASURY NOTE AUCTION The Treasury announced that it has accepted $2.0 billion of the $5.6 billion of tenders received for its new 5 7/8 percent 2-year notes auctioned today. The range of accepted competitive bids was as follows: P rice High .......... Low .......... Average ....... Approx. y ie ld 100.291 100.05 100.09 5.72% 5.85# 5*83% 1Excepting one tender of $300 ,000 . The $2.0 billion of accepted tenders includes 83 percent of the amount of notes bid for at the low price, and $0.3 billion of noncompetitive tenders accepted at the average price. Alfred Hayes, P r e s id e n t.
@FedFRASER