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TREASURY NEWS

a p artm en t o f th e T reasu ry o cstaisBtiQ gi'fiO E o = o ■n @ a@
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RESULTS OF AUCTION OF 3-YEAR NOTES
Auction date:

November 19,

1985

The Department of the,Treasury has accepted $8,764 million
of $ 17 ,975 million ©f tenders received from the public for the
3-yaar notes. Series 0=1988, auctioned today. The notes will be
issued November 26, 1985, and mature November 15, 1988„
The interest gate on the notes will be 8=5/8%.
The range of
accepted competitive bids, and the corresponding prices at the 8=5/8%
interest rate are as followss
Yield
Low
High
Average

Price

8 o68%
8 o75%
8.74%

Tenders at the high yield were allotted

99 o859
99.679
99.705
83%.

TENDERS RECEIVED AND ACCEPTED (In Thousands)
Location
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
Sto Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
Totals

Received
$

110,570
15,266,695
27,200
133,655
56,220
97,495
1,113,030
179,380
47,895
111,615
12,890
816,060
2,790
$17,975,495

Accepted
$

49,510
7,465,740
27,200
131,485
50,370
92,495
206,850
160,210
47,725
111,585
12,890
405,560
2,780
$8,764,400

The $8,754 million of accepted tenders includes $958
million of noncompetitive tenders and $7,806 million of competi=
tive tenders from the publico
In addition to the $8,764 million of tenders accepted in
the auction process, $45 million of tenders was awarded at the
average price to Federal Reserve Banks as agents for foreign and
international monetary authorities,, An additional $300 million
of tenders was also accepted at the average price from Government
accounts and Federal Reserve Banks for their own account in
exchange for maturing securities«
*

ral Reserve Bank of New York
Cir. No. 9952]




(Over)

R E S U LT S OF A U C T I O N OF
A u c t i o n date:

1 0 - Y E A R NO T E S

November

21,

1985

The Department ©£ the Treasury has accepted $7*005 million
®£ $15*998 million ©£ tenders received £r©m the public £®r the
10-year notes* Series D-1995, auctioned today.
The notes will be
issued November 29* 1985* and mature November 15* 1 9 9 5 o
The interest rate on the notes will be 9-1/2%.
The range of
accepted competitive bids, and the corresponding prices at the 9-1/2^
interest rate are as follows:
Yield
9.52%
9.58%
3.54%

Low
Sigh
Average

Price
§9.858
99.478
99.731

Tenders at the high yield were allotted 80%.
TENDERS R E C E I V E D A N D A C C E P T E D (In T h o u s a n d s )
Received

Accepted

7,785
14*052*705
8*950
107,234
19*330
37*563
804*047
142*695
15*857
. 29*130
9*163
761*795
.
.
1,416
$15*997*670

7,785
6*314*705
8*950
107*234
14*330
36*353
218,647
140*695
15*357
29*130
9*163
100*795
1*416
$7,004,560

Location
Boston
Hew York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
Totals

$

$

The $7*005 million of accepted tenders includes $615
million of noncompetitive tenders and $6*390
million ©f competi­
tive tenders from the public.
In addition to the $7,005 million of tenders accepted in
the auction process* $105 million of tenders was awarded at the
average price to Federal Reserve Banks as agents for foreign and
international monetary authorities.
An additional $184 million
of tenders was also accepted at the average price from Federal
Reserve Banks for their own account in exchange for Treasury bills
issued on lovember 15* 1985* for securities that matured on that
date o




TREASURY NEWS

a p a r t m e n t o f t h e T r e a s u r y • W a s h in g t o n , D .c . • T e le p h o n e 566-204
R E S U L T S OF A U C T I O N OF
A u c t i o n date:

3 0 - YE A R B ON DS

November

22,

1985

The Department of the Treasury has accepted $6,761 million of
$14,856 million of tenders received from the public for the 30-year
Bonds auctioned today. The bonds will be issued November 2 9 , 1985,
and mature November 1 5 , 2015»
The interest rate on the bonds will be 9-7/8%.i/
The range
of accepted competitive bids, and the corresponding prices at the
9-7/8% interest rate are as followss
Yield
Low
High
Average

Price 2/

9.88%
9.95%
9.93%

99.936
99.271
99.460

Tenders at the high yield were allotted 22%.
’
TENDERS RECEIVED AND ACCEPTED “(In Thousands)
Location
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
Sto Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
Totals

Received
$

35,362
13,331,904
910
30,669
13,286
13,526
858,651
40,871
2,253
5,871
705
521,224
374
$14,855,606

Accepted
$

802
6,366,884
910
669
6,286
9,186
262,151
39,871
2,253
5,871
705
64,664
374
$6,760,626

The $6,761 million of accepted tenders includes $340
million of noncompetitive tenders and $6,421 million of competi­
tive tenders from the public.
:
In addition to the $6,761 million of tenders accepted in the
auction process, $131 million of tenders was accepted at the average
price from Government accounts and Federal Reserve Banks for their
own account in exchange for Treasury bills issued on November 15,
1985, for securities that matured on that date.
1/ The minimum par amount required for STRIPS is $1^,600^000.
Larger amounts must be in multiples of that amount.
2/ In addition to the auction price, accrued interest of $3.81906
per $1,000 for November 15, 1985, to November 29, 1985, must be
paido
il Reserve Bank of New York
ir. No. 9952]