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TREASURY NEWS d e p a rtm e n t o f t h e T r e a s u r y • W a s h in g to n , D .c . • T e le p h o n e 566-2041 Au ction Date: April 21, 1982 RESULTS OF AUCTION OF 2-YEAR NOTES The Department of the Treasury has accepted $5,252 million of $10,563 million of tenders received from the public for the 2-year notes , Series R-1984 , auctioned today. The notes will be issued April 30, 1982, and mature April 30, 1984. The interest coupon rate on the notes will be 13-7/8%. The range of accepted competitive bids , and the corresponding prices at the 13-7/8% coupon rate are as follows: Lowest yield Highest yield Average yield Bids Prices 13.95% 14.02% 13.98% 99.873 99.754 99.822 Tenders at the high yield were allotted 13% • TENDERS RECEIVED AND ACCEPTED ( In T h ou s a n ds ) Location Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Lo u i s Minneapolis Kansas City Dallas San Francisco Treasury Totals Received $ 97,255 8,502,855 77,500 101,495 115,440 86,750 735,965 115,315 56,715 81,205 40,240 546,340 6,320 $10,563,395 $ Accepted 61,515 4,034,775 77,500 83,645 82,590 79,280 330,495 103,010 51,105 81,205 40,240 220,500 6,320 $5,252,180 The $5,252 million of accepted tenders includes $1,174 million of noncompetitive tenders and $3,678 million of competitive tenders from private investors. It also includes $400 million of tenders at the average price from Federal Reserve Banks as agents for foreign and international monetary authorities in exchange for maturing securities. In addition to the $5,252 million of tenders accepted in the auction process, $525 million of tenders were accepted at the average price from Government accounts and Federal Reserve Banks for their own account in exchange for maturing securities. Federal Reserve Bank of New York [Ref. Cir. No.9279] 4/28/82
@FedFRASER