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rREASURY NEWS

‘p a rtm e n t o f th e Treasury • W ashington, D.c. • Telephone 5 6 6 -2 0 4 1
RESULTS OF PREVIOUS 52-WEEK BILL AUCTION
Auction date: June 6, 1985

Tenders for $ 8,511 million of 52-week bills to be issued
June 13, 1985,
and to mature
June 12, 1986,
were accepted
today. The details are as follows:
RANGE OF ACCEPTED COMPETITIVE BIDS:
Discount
Rate
Low
High
Average -

Investment Rate
(Equivalent Coupon-Issue Yield)

Price

7.68%
7.71%
7.70%

92.760
92.730
92.740

7.16%
7.19%
7.18%

Tenders at the high discount rate were allotted 40%.
TENDERS RECEIVED AND ACCEPTED
(In Thousands)
Location
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Treasury
TOTALS
TyPe
Competitive
Noncompetitive
Subtotal, Public
Federal Reserve
Foreign Official
Institutions
TOTALS
Federal Reserve Bank of New York
[Ref. Cir. No. 9869J




Received

Accepted

$
17,680
18,901,435
5,005
19,465
53,425
28,130
1,296,365
46,485
13,100
43,970
16,285
1,922,890
117,505

$
13,080
7,055,635
5,005
18,265
39,825
18,130
229,765
46,485
13,100
41,370
6,285
906,890
117,505

$22,481,740

$8,511,340

$19,935,965
460,775
$20,396,740

$5,965,565
460,775
$6,426,340

2,000,000

2,000,000

85,000

85,000

$22,481,740

$8,511,340