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TREASURY NEWS

.p a rtm e n t of th e Tre a s u ry • W a s h in g to n , D.c. • Te le p h o n e 566-2041
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Auction date:

November 23, 1982

RESULTS OF AUCTION OF 5-YEAR 2-MONTH NOTES
The Department of the Treasury has accepted $5,004 million
of $10,184
million of tenders received from the public for the
5-year 2-month notes, Series G-1988, auctioned today.
The notes
will be issued December 2, 1982, and mature February 15, 1988.
The interest rate on the notes will be 10-1/8%.
The range
of accepted competitive bids, and the corresponding prices at the
10-1/8% interest rate are as follows:
Bids
Lowest yield
Highest yield
Average yield

Prices
99.684
99.486
99.565

10.18% 1/
10.23%
10.21%

Tenders at the high yield were allotted 18%.
TENDERS RECEIVED AND ACCEPTED (In T h ousands)
Location
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
Totals

Received
$

37,831
8,472,575
40,046
31,743
51,908
28,156
900,222
73,265
27,880
22,551
25,882
470,434
1,834

$10,184,327

Accepted
$

19,525
4,501,290
25,946
19,463
32,448
16,336
199,062
64,445
20,880
21,551
5,962
75,194
1,834

$5,003,936

The
$ 5,004 million of accepted tenders includes $878
million of noncompetitive tenders and $4,126
million of competi­
tive tenders from the public.
In addition to the $5,004
million of tenders accepted in the
auction process, $20 million of tenders was awarded at the average
price to Federal Reserve Banks as agents for foreign and inter­
national monetary authorities.
1/ Excepting 1 tender of $15,000.

Federal Reserve Bank of New York
[Ref. Cir. No. 9403)



11/30/82