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Department ofthe TREASURY WASHINGTON, D.C. 20220 TELEPHONE 566-2041 Auction date: August 27, 1981 RESULTS OF AUCTION OF 5-YEAR 2-MONTH NOTES The Department of the Treasury has accepted $3,251 million of $6,462 million of tenders received from the public for the 5-year 2-month notes , Series F-1986 , auctioned today. The notes will be issued September 8, 1981, and mature November 15, 1986. The interest coupon rate on the notes will be 16-1/8%. The range of accepted competitive bids, and the corresponding prices at the 16-1/8% coupon rate are as follows: Lowest yield Highest yield Average yield Bids 16.05% 16.19% 16.14% Prices 100.043 99.561 99.733 Tenders at the high yield were allotted 16%. 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 $ 17,745 5,335,291 12,773 54,256 44,499 33,572 676,409 57,022 13,930 67,798 15,419 130,919 2,415 Accepted $ 17,745 2,614,211 11,933 44,056 37,979 32,612 265,049 51,522 13,930 67,298 15,419 76,399 2,415 $6,462,048 $3,250,568 The $3,251 million of accepted tenders includes•$490 million of noncompetitive tenders and $2,761 million of competi tive tenders from private investors. In addition to the $3,251 million of tenders accepted in the auction process , $205 million of tenders were accepted at the average price from Federal Reserve Banks as agents for foreign and international monetary authorities for new cash. i Federal Reserve Bank of New York [Ref. Cir. No. 9131] 9/1/81