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TREASURY

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RESU LTS

O F P R E V IO U S

A U C T IO N

Auction dates

OF

2 -Y E A R N O T E S

April 25, 1984

The Department of the Treasury has accepted $8,260 million of
$22,479 million of tenders received from the public for the 2-year
notes, Series T-1986, auctioned today0 The notes will be issued
April 30, 1984, and mature April 30, 19860
The interest rate on the notes will be 11-3/4%„
The range of
accepted competitive bids, and the corresponding prices at the 11-3/4%
interest rate are as follows?
Low
High
Average

Yield

Price

11.81%
11.83%
11.83%

99.896
99.861
99.861

Tenders at the high yield were allotted 65%.
TENDERS RECEIVED AND ACCEPTED (In Thousands)
Location
Received
Accepted
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St o Louis
Minneapolis
Kansas City
Da 11 as
San Francisco
Treasury
Totals

$

231,595
19,156,510
67,000
182,150
96,145
142,430
1,374,140
142,685
65,635
152,220
25,970
832,545
9,955

$22,478,980

$

82,895
6,826,545
66,650
124,325
73,825
105,330
314,140
129,685
56,525•
147,810
25,970
296,445
9,955

$8,260,100

The $8,260 million of accepted tenders includes $1,465 :
of noncompetitive tenders and $6,795 million of competitive
from the publico
In addition to the $8,260 million of tenders accepted i
auction process, $826 million of tenders was accepted at the
price from Government accounts and Federal Reserve Banks for
account in exchange for maturing securities.

e r a l R e s e rv e B a n k o f N e w Y o r k
C ir . N o . 9673]