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TREASURY NEWS

a p a r t m e n t off t h e T r e a s u r y • W a s h in g t o n , D.C. • T e le p h o n e 566-2041
RESULTS OF PREVIOUS 52-WEEK BILL AUCTION

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7'^

Auction date: August 30, 1984
Tenders for $ 8 , 2 6 7 mil lion of 52-week b i l l s to be issued
September 6, 1984,
and to mature
September 5, 1985, were accepted
today,, The details are as follows:
RANGE O F A C C E P T E D COMP E T I T I V E BIDS:
Discount
Rate
Low
High
Average -

Investment Rate
(Equivalent Cou p o n - I s s u e Yield)
11. 97%
11. 98%
11. 98%

10.83%
10.84%
10.84%

Price
89.050
89.040
89.040

Tenders at the high discount rate were allotted

94%.

TENDERS RECEIVED AND A C C E P T E D
(In Thousands )
Received

Location
Boston
Hew York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
Sto Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
TOTALS

$

341,935
16,842,515
53,620
97,810
55,635
60,980
974,245
64,465
20,190
42,660
9,115
1,329,430
114,950

Accepted
$

39,970
7,362,255
23,020
63,410
25,635
52,480
293,245
42,465
14,890
38,660
6,995
189,390
114,950

$20,007,550

$8,267,365

$17,533,200
499,350
$18,032,550

$5,793,015
499,350
$6,292,365

1,900,000

1,900,000

75,000

75,000

$20,007,550

$8,267,365

Type
Competitive
Noncompe t i t ive
Subtotal, Public
Federal Reserve
Foreign Official
Institutions
TOTALS

An a d d i t i o n a l $160,000 thousand of the bil l s will be i;
to foreign official institutions for new cash.
Federal Reserve Bank of New York
[Ref. Cir. No. 9721]