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The Department of the T r e a s u r y has accepted $4, 7 5 1 m i l l i o n of $8,481 m i l l i o n of tenders re c e i v e d from the public for the 2-year notes > Series V-1983 , auctioned today. The notes will be issued September 30, 1981, and m a t u r e September 30, 1983. The i nterest coupon rate on the notes will be 16%. . The range of accepted comp e t i t i v e bids , and the c o r r e s p o n d i ng pr i c e s at the 16% coupon rate are as follows: Pr ices 99.950 99.719 99.802 Bids 16.03% 16.17% 16.12% Lowest yield Highest yield Average yield Tenders at the high ;yield were allotted 95%. TENDERS R E C E I V E D AN D A C C E P T E D (In Thousands) Location Boston N e w Y ork Philadelphia Cleveland Richmond Atla n t a Chicago St. Louis Minneapolis Kansas C i t y Dallas San F rancisco Treasury Totals $ Received 79,830 6,627,630 40,235 117,190 68,780 68,750 850,355 87,630 45,515 80,410 37,440371,870 5,300 $8,480,935 5 Accepted 71,730 3,458/580 40,235 97,080 65,630 68,750 385,850 8 3; 5 8 0 45,505 80,410 37,440 310,615 5,300 $4,750,705 The $4,751 m i l l i o n of accepted tenders includes $ 975 million of n o n c o m p e t i t i v e tenders and $ 3,021 m i l l i o n of comp e t i t i v e tenders It also includes $ 755 from private investors. m i l l i o n of tenders at the average price from Federal Reserve Banks as agents for foreign and i n ternational m o n e t a r y a u t h or i t i e s in e x change for m a t u r i n g securities. m i l l i o n of tenders accepted in the In addit i o n to the $ 4,751 m i l l i o n of tenders were accepted at the average a u ction p r o c e s s , $ 400 price from G o v e r n m e n t accounts and Federal Reserve 3anks for their own a c count in e xchange for m a t u r i n g securities. Federal Reserve Bank of New Yonc [Ref. Cir. No. 9143]
@FedFRASER