View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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]