The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
TREASURY NEWS apartm ent o f th e T re a su ry • W ash in g to n , D.c. • Te lep h o n e 2041 RESULTS OF PREVIOUS AUCTION OF 2-Y EA R NOTES Auction date: N o vember 21, 1984 The Department of the Treasury has accepted $ 9,013 m i l l i o n of $ 25, 9 0 0 m i l l i o n of t e n d e r s received from the pu b l i c for the 2 - y e a r notes, Series AB-1986, auctioned today,, The notes will be issued N ove m b e r 30, 1984, and m a tur e November 30, 1 9 8 6 0 The interest rate on the notes will be 10-3/8%. The range of accepted c o m p etitive bids, and the corresponding prices at the 10-3/8% interest rate are as follows: L?w Hl9 h Average Yield Price 10.45% 10.48% 10.47% 99.868 99.815 99.832 T e n d e r s at the h i g h yield were allotted 65%. TENDERS R E C E I V E D A N D A C C E P T E D (In Thousands) Location Boston New York P h iladelphia Cleveland Richmond Atlanta Chicago St. Louis M i n n eapolis Kansas City Dallas San Francisco Treasury Totals Received $ 380,225 22,291,325 32,095 277,995 87,165 97,905 1,367,905 181,010 52,390 140,845 49,235 933,380 8,275 $25,899,750 Accepted $ 59,975 7,620,870 32,095 245,945 51,415 67,905 303,305 141,010 48,890 133,845 22,485 276,610 8,275 $9,012 , 6 2 5 The $9,013 m i l l i o n of accepted tenders includes $1,046 m i l l i o n of noncompetitive tenders and $7,967 million o f comp e t i t i v e tenders from the public. In addition to the $9,013 m i l lion of t e n ders accepted in the auction process, $380 m i l lion of tenders was a w a r d e d at the average price to Federal R e s e r v e Banks as agents for foreign and international m onetary authorities. An additional $548 m i l l i o n of tenders was also accepted at the average price from G o v e r n m e n t accounts and Federal Reserve Banks for t h eir own account in exch a n g e for m a turing securities. Federal Reserve Bank of New York [Ref. Cir. No. 9754]
@FedFRASER