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TREASURY NEWS D e p a r tm 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 RESULTS OF AUCTION OF 5-YEAR 2-MONTH NOTES Auction date: February 28, 1984 The Department of the Treasury has accepted $6,024 million of Sl4,065 million of tenders received from the public for the 5-year 2-month notes, Series H-1989 , auctioned t o d a y . The notes will be issued March 5, 1984, and mature May 15, 19 8 9 c The interest rate on the notes will be 11-3/4%. The range of accepted competitive bids, and the corresponding prices at the 11-3/4% interest rate are as follows: Yield Low High Average Price n.82%i/ 11.85% 11.84% Tenders at the high yield were allotted 99.609 99.495 99.533 39% o TENDERS RECEIVED AND ACCEPTED (In Thousands) Received Location Boston New York Philadelphia Cleveland Ri chmond Atlanta Chicago Sto Louis Minneapolis Kansas City Dallas San Franciscc) Treasury Totals $ 138,103 12,364,157 9,550 195,381 26,491 29,796 657,124 72,944 21,583 . 39,870 2,327 . 506,218 1,353 $14,064,897 Accepted $ 9,493 5,318,182 9,550 170,031 13,441 28,796 213,654 71,944 21,583 37,870 2,327 125,643 1,353 $6,023,867 million of accepted tenders includes $482 The $6,024 million of noncompetitive tenders and $5,542 million of competi tive tenders from the public. In addition to the $6,024 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 international monetary authorities. 1/ Excepting 1 tender of $25,000, F e d e r a l R e se rv e B a n k o f N e w Y o r k [R e f. C ir . N o . 9643]