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TREASURY NEWS © e p a r t m e n f @(? SDne T r e a s u r y o w a s h lf iig f o ii; ®oCg0 o Y e le p iio n ® S M -2 0 4 1 RESULTS OF PREVIOUS AUCTION OF 2-YEAR NOTES Auction dates March 21, 1984 The Department of the Treasury has accepted $ 8,252 mi 11 ion of $ 15,702 mi 11 ion of tenders received from the public for the 2~year notes? Series S-1986? auctioned today0 The notes will be issued April 2? 1984? and mature March 31? 1986 . The interest rate on the notes will be ll~l/2%. The range of accepted competitive bids? and the corresponding prices at the 11=1/2% interest rate are as follows? Low High Average Yield Price 11.5251/ 11.58% 11.55% 99.965 99 o861 99.913 Tenders at the high yield were allotted 99%. TENDERS RECEIVED AND ACCEPTED (In Thousands) Location Received Accepted Boston New York Philadelphia Cleveland Richmond Atlanta Chicago Sto Louis Minneapolis Kansas City Dallas San Francisco Treasury Totals $ 207,140 12 ?847? 950 66? 845 226 ?965 114? 375 117? 030 1? 047? 240 162,660 64 ?670 167? 680 39 ?435 629? 645 10 ?090 $15? 701? 725 1 103,130 6 ?474 ?320 66 ?835 221? 815 114 ?375 115 ?030 390 ?040 160 ?645 64 ?170 165 ?16 0 39 ?435 326 ?635 10 ?090 $8 ?251? 680 The $8?252 million of accepted tenders includes $1?393 million of noncompetitive tenders and $S?859 million of competitive tenders from the publico In addition to the |S?2S2 million of tenders accepted in the auction process? $145 million of tenders wag awarded at the average price to Federal Reserve Banks as agents for foreign and international monetary authorities 0 An additional $800. 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 2 tenders totaling $1?040?000. 'edspal Reserve Bank of New York •tef. Cir. No. g§54)