The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FE D E R A L R E S E R V E B AN K O F N E W YORK Fiscal Agent of the United States r Circular No. 8649-1 L October 3, 1979 J Results of Bidding for 91-Day and 182-Day Treasury Bills (To Be Issued October 4, 1979) To A ll Incorporated B anks and T ru st Companies, and O thers Concerned, in the Second Federal Reserve D istrict: The results of bidding for the offering of 91-day and 182-day T reasury bills to be issued October 4, 1979, have been released by the T reasury D epartm ent. These results are shown below: Range of Accepted Competitive Bids p i-Day Treasury Bills Maturing January 3 , 1980 Price High............................................. Low.................................................. Average........................................ 97.4183 97.379 97.393 Discount R ate 10.215% 10.369% 10.313% 182 -Day Treasury Bills Maturing April 3 , 1980 Investm ent R a te 1 Price 10.66% 10.83% 10.77% 94.806 94.742 94.779 D iscount R ate 10.274% 10.400% 10.327% Investm ent R a te 1 11.02% 11.16% 11.08% 1 E q u iv a le n t c o u p o n -is s u e y ie ld . 3 E x c e p t in g o n e te n d e r o f $ 1 0 0 ,0 0 0 . (18 percent of the amount of 91-day bills bid for at the low price was accepted.) percent of the amount of 182-day bills bid for at the low price was accepted.) (2 2 Total Tenders Received and Accepted 91 -Day Treasury Bills Maturing January 3 , 1980 F. R . D istrict (and U .S. Treasury) Received 182 -Day Treasury Bills Maturing April 3 , 1980 Received Accepted Accepted Boston..................................... New York............................... Philadelphia............................ Cleveland................................ Richmond................................ Atlanta.................................... Chicago................................... St. Louis.................................. Minneapolis............................ Kansas City............................. Dallas...................................... San Francisco......................... U.S. Treasury......................... $ 42,270,000 3,499,490,000 20 ,020,000 38,470,000 29,630,000 35,310,000 255,150,000 37,970,000 6,090,000 28,045,000 15,100,000 184,705,000 24,040,000 $ 37,270,000 2,439,185,000 20 ,020,000 28,470,000 29,630,000 35,310,000 152,850,000 17,970,000 6,090,000 28,045,000 15,100,000 66,405,000 24,040,000 $ 39,455,000 3,379,000,000 13,725,000 24,655,000 28,525,000 34,090,000 253,845,000 35,315,000 6,660,000 23,295,000 7,770,000 192,570,000 34,810,000 $ 19,455,000 2,450,300,000 13,725,000 24,655,000 28,525,000 34,090,000 178,845,000 17,755,000 6,660,000 23,295,000 7,770,000 160,270,000 34,810,000 T otals ............................ $4,216,290,000 $2,900,385,000 $4,073,715,000 $3,000,155,000 Public Competitive ........................ Noncompetitive ................... $2,607,545,000 444,330,000 $1,291,640,000 444,330,000 $2,259,365,000 336,250,000 $1,185,805,000 336,250,000 S ubtotals ...................... $3,051,875,000 $1,735,970,000 $2,595,615,000 $1,522,055,000 Federal Reserve, and Foreign Official Institutions............. 1,164,415,000 1,164,415,000 1,478,100,000 1,478,100,000 T otals ............................... $4,216,290,000 $2,900,385,000 $4,073,715,000 $3,000,155,000 By class of bidder T homas M. T im len , First Vice President.
@FedFRASER