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TREASURY NEWS

DepapSDuagmt of the Treasury • Washington, D.c. • Telephone 566-2041
RESULTS OF AUCTION OF 4-YEAR NOTES
Auction date:

June 24, 1986

Th© Department of th© Treasury has accepted $7*389 Million
of $ 31,930 million ©f tenders received fro© the public for the
<-year notes* Series P-1990* auctioned today„ The notes will be
3
issued June 30? 1986* and mature June 30* 1990»
The interest rate on the notes sd.ll be 7=1/4%.
The rang©
of accepted competitive bids* and the corresponding prices at the
7-1/4% interest rate are as followsi
Yield

Price

Hi gh

7 . 2 6%
7 . 2 6%

Average

7.26%

99.966
99.966
99.966

Low

Tenders at the high yield were allotted 40%.
TENDERS RECEIVED AND ACCEPTED (In Thousands)
Received
Location
Accepted
Boston
$
27*316
$
7,316
New York
29*530*850
7,057,390
Philadelphia
11*519
11*519
Cleveland
15*989
15*989
Richmond
32*835
16*835
36*112
Atlanta
13*112
1*382*762
Chicago
118*762
St. Louis
85*331
56,731
Minneapolis
8*098
8*098
Kansas City
45*400
43*400
Dallas
11*006
5*006
741*872
San Francisco
33,672
Treasury
926
926
Totals
$31*930*016
$7*388*756
The $7,389 million of accepted tenders includes $384
million of noncompetitive tenders and $7*005 million of competitiv© tenders from the public•
In addition to the $7*389 million of tenders accepted in
the auction process* $325 million of tenders was awarded at the
average price to Federal Reserve Banks as agents for foreign and
international monetary authorities. An additional $313 million
of tenders was also accepted at the average price from Govern­
ment accounts and Federal Reserve Banks for their own account
in exchange for maturing securities.
Federal Reserve Bank of N York
ew
[Ref. Cir. N 10.0491
o.

(Over)

RESULTS OF AUCTION OF 7-YEAR NOTES
Auction date:

June 25, 1986

The Department of the Treasury has accepted $6,758 million
of $16,656 million of tenders received from the public for the
7-year notes „ Series G-1993? auctioned today„ The notes will be
issued July 7, 1986, and mature July 15, 1993 „
The interest rate on the notes°uill be 7-1/4%.
The range
of accepted competitive bids, and the corresponding prices at the
7-1/4% interest rate are as follouss
Yield
7 o26%
7.36%
7.33%

Low
High
Average

Price
99.940
99.399
99.561

Tenders at the high yield were allotted 30% c
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
1,650
14,543,090
1,232
10,531
6,290
17,162
1,127,102
59,008
3,973
19,075
15,707
851,076
437
$16,656,333

$

Accepted
1,650
5,950,590
1,232
8,531
6,290.
17,162
285,102
43,008
3,973
19,075
15,707
405,076
& *
=
?
« 3 /
a
$’ ,757,833
6

$

The $6,758 million of accepted tenders includes $ 309
ion of noncompetitive tenders and $6,449 million of com
tive tenders from the public o