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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 f^3 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