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TREASURY NEWS d e p a rtm e n t o f th e T re a s u ry • W a s h in g to n , o.c. • T e le p h o n e 566-2041 4T- Auction date: August 2, 1983 RESULTS OF A U C T I O N OF 3-YEAR NOTES The D e p a r t m e n t of the T r e a s u r y has accepted $ 6,500 m i l l i o n of $ 1 1 , 3 3 5 m i l l i o n of tenders rece i v e d from the p ublic for the 3-year notes, Series N-1986, auct i o n e d today. The notes will be issued A u g u s t 15, 1983, and m a t u r e A u g u s t . 15, 1986. The i nterest rate on the notes will be 11-3/8%. The range of a c c e pted c o m p e t i t i v e bids, and the corre s p o n d i ng prices at the 11-3/8% i n t e rest rate are as follows: Low High Average Yield Price 11.38% 1/ 11.46% 11.43% 99.988 99.789 99.864 T e n ders at the high yield were allotted 96%. T E N D E R S R E C E I V E D A N D A C C E P T E D (In Thousands) Re ceived Boston N e w Y ork Philadelphia Clevelan d R ichmond Atlanta C h i cago St. Louis Minneapolis Kansas City Dallas San Francisco Treasury Totals $ 158,650 8,730,740 89,010 183,115 125,665 101,530 970,880 154,400 54,215 108,080 32,775 620,800 5,260 $11, 3 3 5 , 1 2 0 Accepted $ 48,610 5,026,260 74,010 183,115 113,585 98,530 348,780 146,375 54,215 106,430 32,775 262,160 5,260 $6,500,105 The $ 6,500 m i l l i o n of a c c e p t e d tenders includes $ 1,747 m i l l i o n of n o n c o m p e t i t i v e tenders and $ 4,753 m i l l i o n of competitive tenders from the public. In a d d i t i o n to the $ 6,500 m i l l i o n of tenders accepted in the au c t ion process, $ 150 m i l l i o n of tenders was awarded at the average price to Federal Reserve Banks as agents for foreign and international m o n e t a r y authorities. An addit i o n a l $ 2,100 m i l l i o n of tenders was also a ccepted at the average price from G o v e r n m e n t accounts and Federal R e s e rve Banks for their own a c c o u n t in exchange for matu r i n g securities. 1 / E x c e p t i n g 1 t e n d e r of $5,000. Federal Reserve Bank of New York [Ref. Cir. No. 9532] 8/11/83 (< ii TREASURY NEWS > e p a rtm e n t o f th e T re a s u ry • W a s h in g to n , D.c. • T e le p h o n e 566-2041 Jff Auction date: A u g u s t 3, 1983 RE S U L T S OF A U C T I O N OF 1 0 - Y E A R NOTES The D e p a r t m e n t of the T r e a s u r y has accepted $ 5 , 2 6 6 m i l l i o n of $ 1 1 , 5 9 5 m i l l i o n of tenders r eceived from the pu b l i c for the 10-year notes, Series C-1993, auc t i o n e d today. The notes will be issued A u g u s t 15/ 1983/ and m a t u r e A u g u s t 15/ 1993. The interest rate on the notes will be 11-7/8%. The range of accepted c o m p e t i t i v e bids, and the c o r r e s p o n d i ng p r i c e s at the 11-7/8% i nterest rate are as follows: Yield Low High A v e ra g e Price 99.626 99.512 99.512 11.94% 11.96% 11.96% Tenders at the h igh yield w ere allotted 93%. TENDE R S R E C E I V E D A N D A C C E P T E D (In Thousands) Accepted Received Boston New York P h iladelph i a Cleveland Richmond Atlanta Chicago St. Louis M i n n eapoli s Kansas City Dallas San Francisco Trea s u r y Totals $ 150,971 9,576,506 22,176 54,770 58,510 61,178 870,710 100,097 16,998 28,283 11,494 642,081 l r 699 $ 1 1 , 595,473 $ 26,631 4,652,298 10,036 19,630 30,440 34,023 183,240 78,097 12,498 25,033 6,494 186,191 1,699 $5,266,310 The $ 5,266 m i l l i o n of a c cepted tenders includes $1, 0 7 5 m i l l i o n of n o n c o m p e t i t i v e tenders and $4,191 m i l l i o n of c o m p e t i t i v e tenders from the public. In additio n to the $ 5,266 m i l l i o n of tenders acc e p t e d in the auction process, $20 m i l l i o n of tenders was awarded at the average price to Federal R e s e r v e Banks as agents for foreign and i n ternational m o n e t a r y authorities. An a d d i t i o n a l $1,300 m i l l i o n of tenders was also accepted at the a v e rage price from G o v e r n m e n t a c counts and Federal Reserve Banks for their own a c c o u n t in e xchange for m a t u r i n g securities. Federal Reserve Bank of New York [Ref. Cir. No. 9532] 8/11/83 TREASURY NEWS > e p a rtm e n t o f th e T re a s u ry • W a s h in g to n , o.C. • T e le p h o n e 5 6 6 -» > 4 Auction dates August A, 1983 RESULTS OF AUCTION OF 30-YEAR TREASURY BONDS AND SUMMARY RESULTS OF AUGUST FINANCING The Department of the Treasury has accepted $ A ,006 million of $8,619 million of tenders received from the public for the 30-year Bonds of 2008-2013, auctioned today* The bonds will be issued August 15, 1983, and mature August 15, 2013* The interest rate on the bonds will be 12Z. tive bids, and the corresponding prices at the 12Z \J Low High Average Excepting 1 tender of $10,000. Tenders at the high yield were The range of accepted competiinterest rate are as follows: Yield Price 12.05Z 1/ 12.10Z 12.08Z 99.597 99.198 99.357 allotted 9AZ. TENDERS RECEIVED AND ACCEPTED (In Thousands) Location Received Accepted Boston $ 115,85A $ * 5,82A New York 7,2A6,A62 3,5A1,077 Philadelphia 12,72A 8,66 A Cleveland 11,517 A,A57 Richmond 38,269 21,559 Atlanta 21,173 18,993 Chicago 563,059 189,A59 St. Louis 67,876 65,376 Minneapolis 16,299 15,269 35,910 Kansas City 30,050 5,093 3,093 Dallas A8A,993 101,993 San Francisco 218 218 Treasury $8,619,AA7 Totals $A,006,032 The $A,006 million of accepted tenders includes $ 98A million of non competitive tenders and $3,022 million of competitive tenders from the public* In addition to the $A,006 million of tenders accepted in the auction process, $91A 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* SUMMARY RESULTS OF AUGUST FINANCING Through the sale of the three Issues offered in the August financing, the Treasury raised approximately $9*3 billion of new money and refunded $11.0 billion of securities maturing August 15, 1983* The following table summarizes the results: New Issues 11-3/8Z 11-7/8Z Net 12Z Notes Notes Bonds Maturing New 8/15/86 8/15/93 8/15/08Securities Money Total 2013 Held Raised Public........ ...... $A.O $6.5 $5.3 $15.8 $ 6.6 $9.1 Government Accounts and Federal Reserve Banks.•• 2.1 .9 A.3 • 1.3 A.3 Foreign Accounts••••• .2 .2 .2 (*) TOTAL................ $8.8 $A.9 $20.3 $6.6 $11.0 $9.3 * $50 million or less. Details may not add to total due to rounding. Federal Reserve Bank of New York [Ref. Cir. No. 9532] 8/41/83
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