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TREASURY MEWS a p a r t m e n t o f t h e T r e a s u r y • W a s h in g t o n , D .c . • T e le p h o n e 566-2041 A> R ESU LTS OF PR E V IO U S A UCTIO N OF 2 -Y E A R NOTES Auction date; January 25, 1984 The Department of the Treasury has accepted $ 8,275 mill ion of $19,449 million of tenders received from the public for the 2-year notes, Series 0-1986, auctioned today. The notes will be issued January 31, 1984, and mature January 31, 1986. The interest rate on the notes will be 10-5/8%. The range of accepted competitive bids, and the corresponding prices at the XO-5/8% interest rate are as follows^ Yield Low High Average Price 10.64% .1/ 10.67% “ 10.66% 99.974 .99.921 99.938 Tenders at -the high yield were .allotted 60%. TENDERS R E C E I V E D .AND ACCEPTED (In Thousands) Location Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St*, Louis Minneapolis Kansas City Dallas San Francisco Treasury Totals Received Accepted $ 206,190 15,717,400 86,965 147,800 237,340 251,.905 1,122,420 237,045 127,065 160,140 46,055 1,100,340 8,660 $ $19,449,325 $8,275,030 107,790 6,249,750 64,965 116,995 90,340 206,605 509,120 180,395 111,785 148,840 41,055 438,740 8,650 The $ 8,275 million of accepted tenders includes $1,553 million of noncompetitive tenders and $6,722 million of competitive tenders from the public* In addition t o :the $ 8,275 million of tenders accepted in the auction process, $325 million of tenders was awarded at the average price to Federal Reserve Banks as agents for foreign and international monetary authorities. An additional $560 million of tenders was also accepted at the average price from Government accounts and Federal Reserve Banks for their own account in exchange for maturing securities. 1 / Excepting 1 tender of $25,000. 'ederal Reserve Bank of New York itef. Cir. No. 9623]