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TREASURY NEWS ipartm ent @Q SKi© TtpeoscDt?^ RESULTS o Washington, ®„@. © 'ffsOsotosm© s@©=s@fl'a OF P R E V IO U S Auction dates 5 2-W E E K B IL L A U C TIO N May 14, 1985 Tenders for $8,519 sal11 ion of 52~ueek bills t© be issued May 16, 1985, and to mature May 15, 1986, were accepted todayo The details are as followss RANGE OF ACCEPTED COMPETITIVE U D S s Discount Investment Rate (Equivalent Coupon -Issue Yield) Price Rate Lou ~ 7 o93% a/ 91.982 8 o56% 8 o58% 91.962 High ° 7 o95% ^ 8 o5 7 % 91.972 Average 7o94% a/ Excepting 1 tender of $1,000,000. Tenders at the high discount rate were allotted 53%. Location Boston Neu York Philadelphia Cleveland Richmond Atlanta Chicago Sto Louis Minneapolis Kansas City Dallas San Francisco Treasury TOTALS TENDERS RECEIVED AND ACCEPTED (In Thousands) Accepted Received Competitive Noncompetitive Subtotal, Public Federal Reserve Foreign Official Institutions TOTALS $ 25,025 27,198,015 10,620 22,715 60,925 38,505 1,173,580 47,245 23,970 45,775 22,445 904,145 168,920 $29,741,885 $ 23,790 7,487,665 10,620 22,715 30,985 29,565 275,300 27,245 13,970 43,725 12,445 372,455 168,920 $8,519,400 $27,297,160 644,725 $27,941,885 1,600,000 $6,074,675 644,725 $6,719,400 1,600,000 200,000 $29,741,885 200,000 $8,519,400 An additional $5,000 thousand of the bills will be issued foreign official institutions for new cisho Federal Reserve Bank of New York [Ref. Cir. No. 9853]