View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

TREASURY NEWS

a 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 , o.c. • T e le p h o n e 566*2041
Auction date: May 19 , 1982
RESULTS OF AUCTION OF 2-YEAR NOTES

A-f'fa ?/

The Department of the Treasury has accepted $5,528 million of
$13,329 million of tenders received from the public for the 2-year
notes , Series S-1984 , auctioned today. The notes will be issued
June 1, 1982, and mature May 31, 1984.
The interest coupon rate on the notes will be 13-3/4%. The
range of accepted competitive bids , and the corresponding prices at
the 13-3/4% coupon rate are as follows:

Lowest yield
Highest yield
Average yield

Bids

Prices

13.75%
13.78%
13.77%

100.000
99.949
99.966

lers at the high yield were allotted 58%.
TENDERS RECEIVED AND ACCEPTED (In Thousands)
Location
Received
Accepted
$
104,585
Boston
$
43,145
New York
11,008,945
4,497,745
Philadelphia
64,910
45,650
135,570
Cleveland
85,350
Richmond
94,295
40,795
72,450
Atlanta
59,100
977,540
Chicago
416,140
105,175
St. Louis
88,925
50,170
39,670
Minneapolis
84,180
78,680
Kansas City
39,615
39,600
Dallas
587,530
89,450
San Francisco
3,640
3,640
Treasury
Totals
$13,328,605
$5,527,890
The $5,528
million of accepted tenders includes $1,038 million
of noncompetitive tenders and $4,060
million of competitive tenders
from private investors. It also includes $430 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 $5,528
million of tenders accepted in the
auction process , $411 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.


F ed eral R eserve B ank
http://fraser.stlouisfed.org/
rn .l
n o ai1
Federal Reserve Bank of St. Louis

5/26,82

o f N e w Y ork

- -

~

*