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fr-c<A')u>mi TREASURY NEWS > e p a rtm e n t o f t h 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 Auction date: November 24, 1981 RESULTS OF AUCTION OF 5-YEAR 2-MONTH NOTES The Department of the Treasury has accepted $3,254 million of $8,252 million of tenders received from the public for the 5-year 2-month notes , Series D-1987 , auctioned today. The notes will be issued December 2, 1981, and mature February 15, 1987. The interest coupon rate on the notes will be 12-3/4%. The range of accepted competitive bids , and the corresponding prices at the 12-3/4% coupon rate are as follows: Lowest yield Highest yield Average yield Bids Prices 12.79% 12.85% 12.83% 99.699 99.476 99.550 Tenders at the high yield were allotted 25%.. 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 35,934 6,990,132 32,060 48,337 32,779 40,349 547,190 62,797 19,014 38,558 6,271 398,191 719 $8,252,331 $ Accepted 4,934 2,890,332 11,060 21,337 14,779 27,349 143,390 49,297 13,164 38,558 2,271 36,441 719 $3,253,631 $ The $ 3,254 million of accepted tenders includes million of noncompetitive tenders and $2,680 million of competi tive tenders from private investors. In addition to the $3,254 million of tenders accepted in the auction process, $170 million of tenders were accepted at the average price from Federal Reserve Banks as agents for foreign and international monetary authorities for new cash. Federal Reeerve Bank of Mew York [Ref. Cir. Mo. 9191] 12/ 1/81