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TREASURY NEWS

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o W f s s i s i i i g M n , ® =e. o f s @ @ - 2 @ € i 3

A uction d a tes

F ebruary

23,

1983

RESULTS OF AUCTION OF 5-YE AR 2-MONTH NOTES
The D e p a r tm e n t o f t h e T r e a s u r y h a s a c c e p t e d $ 5 ,5 0 0 m i l l i o n
o f $ 1 0 ,9 4 4 m i l l i o n o f te n d e r s r e c e iv e d from th e p u b l i c f o r th e
5 - y e a r 2-m onth n o t e s , S e r i e s H -1988, a u c tio n e d to d a y .
The n o t e s
w i l l b e i s s u e d M a r c h 1 , 1 9 8 3 , a n d m a t u r e May 1 5 , 1 9 8 8 .
The i n t e r e s t r a t e on t h e n o t e s w i l l be 9 -7 /8 % .
o f a c c e p te d c o m p e titiv e b i d s , and th e c o rre s p o n d in g
9-7/8% I n t e r e s t r a t e a r e a s f o l l o w s s .

Low est y i e l d
H ig h est y ie ld
A verage.y ie ld
T enders

at

th e

h ig h

y ield

B ids

P rices

9.94%
10.00%
9.96%

9 9 .6 4 6
9 9 .4 0 6
9 9 .5 6 6

w ere

a l l o t t e d 15 % .

TENDERS RECEIVED AND ACCEPTED ( I n

B oston
New Y o r k
P h ilad elp h ia
C lev elan d
R ichm ond
A tlan ta
C hicago
S t. L ouis
M in n eap o lis
K ansas C ity
D allas
San F r a n c i s c o
T reasury
T o tals

Thousands)

R eceived

L o catio n
$

The r a n g e
p r ic e s a t the

. 1 2 ,1 4 7
9 ,1 6 0 ,0 0 2
1 0 ,3 6 5
8 8 ,6 3 3
4 8 ,8 1 5
3 0 ,1 2 3
7 8 1 ,7 4 3
6 4 ,2 6 2
8 ,2 2 8
28 , 4 6 3
14,6 8 1
69 5 ,1 9 0
1,6 6 1

$ 1 0 ,9 4 4 ,3 1 3

The
$ 5 ,5 0 0 m i l l i o n o f a c c e p te d te n d e r s
m i l l i o n o f n o n c o m p e titiv e : t e n d e r s and $ 4 ,5 8 9
t i v e t e n d e r s from th e p u b l i c .

A ccepted
$

1 1 ,7 2 2
4 ,5 4 5 ,0 5 7
8 ,6 6 5
7 3 ,6 3 3
2 4 ,8 1 5
2 8 ,8 4 8
23 7 ,0 1 8
5 9 ,2 6 5
8 ,2 2 3
2 5 ,1 8 8
1 4 ,6 8 1
4 6 1 ,6 9 0
1 ,6 6 1

$ 5 ,5 0 0 ,4 6 6
i n c l u d e s $911
m illio n o f com peti-

In a d d i t i o n to th e $ 5 ,5 0 0 m i l l i o n o f te n d e r s a c c e p te d in
t h e a u c t i o n p r o c e s s , $435 m i l l i o n o f t e n d e r s was a w a rd e d a t t h e
a v e r a g e p r i c e t o F e d e r a l R e s e r v e B anks a s a g e n t s f o r f o r e i g n and
i n t e r n a t i o n a l m o n etary a u t h o r i t i e s .
Federal Reserve Bank of New York
[Ref. Cir. No. 9457J



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