The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
TREASURY N ©f thm fisssirf Washington, D.c. • Telephone 566-2041 RESULTS OF PREVIOUS AUCTION OF 2-YEAR NOTES Auction date: Hri c^ ° 1 July 25, 1984 The Department of the Treasury has accepted $ 8,500 m i l l i o n of 115,732 mill i o n of tenders received from the public for the 2“-year notes, Series W-1986, auctioned today. The notes will be issued July 31, 1984, and mature July 31, 1986. The interest rate on the notes w i l l be 12-5/8%.- The range of accepted competitive bids, and the corre s p o n d i ng prices at the 12-5/8% interest rate are as followss Low High Average Yield 12.63% 12.75% 12.69% Price 99.991 99.785 99.888 ■ Tenders at the high yield were allotted 26%. TENDERS RECEIVED AN D A C C E P T E D (In Thousands) j Location Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Treasury Totals Received $ 271,530 12,700,735 68,985 180,745 120,155 124,380 1,166,880 140,105 80,240 151,230 33,995 677,085 15,610 $15,731,675 Accepted 170,530 6,622,295 68,985 180,745 120,155 119,380 517,180 131,835 80,240 150,860 33,995 288,345 15,610 $8,500,155 $ T h e $8,500 million of accepted tenders includes $ 1,610 m i l l i o n of noncompetitive tenders and $6,890 m i l l i o n of competitive tenders from the p u b l i c . Q In addition to the $8,500 million of tenders accepted in the auction process, $410 million of tenders was awarded at the average price to Federal Reserve Banks as agents for foreign and i nternational monetary authorities. An additional $1,183 m i l l i o n of tenders was also accepted at the average price from Government accounts and Federal Reserve Banks for their own account in exchange for matu r i n g secur i t i e s Federal Reserve Bank of New York [Ref. Cir. No. 9704J
@FedFRASER