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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