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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]