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TREASURY NEWS

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Auction date;

July 10, 1984

RESULTS OF PREVIOUS 52-WEEK BILL AUCTION

Tenders for $8,262 million of 52-week bills to be issued
July 12, 1984,
and to mature
July 11, 1985,
were accepted
todayc The details are as follows?
RANGE OF ACCEPTED COMPETITIVE BIDS:
Discount
Investment Rate
(Equivalent Coupon-Issue Yield) Price
Rate
Low
—
10.98 %
12.15%
88.898
12.18%
High
11.00%
88.878
12.17%
Average 10.99%
88.888
Tenders at the high discount rate were allotted 84%.

Location
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
TOTALS

TENDERS RECEIVED AND ACCEPTED
(In Thousands)
Received
Accepted

Type
Competitive
Noncompetitive
Subtotal, Public
Federal Reserve
Foreign Official
Institutions
TOTALS

$
301,415
16,493,860
14,920
331,905
94,715
61,615
1,066,825
95,950
73,130
53,980
14,880
1,385,715
119,345

$
71,415
7,560,820
14,920
47,905
47,755
33,445
177,545
24,630
47,530
51,980
10,880
53,635
119,345

$20,108,255

$8,261,805

$17,648,870
604,385
$18,253,255
1,700,000

$5,802,420
604,385
$6,406,805
1,700,000

155,000

155,000

$20,108,255

$8,261,805

An additional $120,000 thousand of the bills will be issued
to foreign official institutions for new cash.
e ra l R e se rv e B a n k of N e w Y o r k
C ir . No. 9698]