View original document

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

Department of theTREASURY
W ASHINGTON, D.C. 20220

T ELEPH O N E 566-2041

Auction date:

June 25 , 1981

RESULTS OF AUCTION OF 20-YEAR 1-MONTH TREASURY BONDS
The Department of the Treasury has accepted $1,751 million
of $3/553
million of tenders received from the public for the
20-year 1-month bonds auctioned today.
The bonds will be issued
July 2, 1981, and mature August 15, 2001.
The interest coupon rate on the bonds will be 13-3/8%.
The
range of accepted competitive bids, and the corresponding prices
at the 13-3/8%
coupon rate are as follows:
Bids
13.36%
13.49%
13.45%

Lowest yield
Highest yield
Average yield

Prices
100.004
99.108
99.382

Tenders at the high yield were allotted 55%.
TENDERS RECEIVED AND ACCEPTED (In Thousands)
Location
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St . Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
Totals

Received
7,141
2,843,613
151
9,745
11,152
27,766
308,376
47,272
5,805
24,249
574
267,251
105

Accepted
$
1,141
1,364,038
151
9,745
8,977
25,041
224,901
47,047
5,805
24,249
574
39,351
95

$3,553,200

$1,751,115

$

The $1,751 million of accepted tenders includes $352
million of noncompetitive tenders and $1,399
million of competitive tenders from private investors .

Federal Reserve Bank of New York
[Ref. Cir. No. 9093]




7/6/81