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TREASURY le p a rtm e n t o f th e T re a su ry • W a sh in g to n , o .C . • T e le p h o n e 5 6 6 -2 0 4 1 Auction Date: October 29, 1981 fy ll RESULTS OF TREASURY’S 52-WEEK BILL AUCTION Tenders for $5,001 million of 52-week bills to be issued November 5, 1981, and to mature November 4, 1982, were accepted today. The details are as follows: RANGE OF ACCEPTED COMPETITIVE BIDS: (Excepting 1 tender of $800,000) Price High Low Average - Discount Rate 86.771 86.653 86.695 Investment Rate (Equivalent Coupon-issue Yield) 1/ 13.084% 13.200% 13.159% 14.75% ‘ 14.89% 14.84% Tenders at the low price were allotted H % « TENDERS RECEIVED AND ACCEPTED (In Thousands) Location Bos ton New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Treasury TOTALS Received $ 28,470 7,439,985 6,460 59,970 40,940 14,305 677,325 39,740 13,050 15,990 12,105 697,955 51,150 Accepted $ 26,470 3,915,405 6,460 46,300 24,490 14,305 329,880 25,990 13,050 15,990 12,105 519,055 51,150 $9,097,445 $5,000,650 $7,530,560 276,885 $3,433,765 276,885 Subtotal, Public $7,807,445 $3,710,650 885,000 885,000 405,000 405,000 $9,097,445 $5,000,650 Type Competitive Noncompetitive Federal Reserve Foreien Official Institutions TOTALS 1J The average annual investment yield is 15.39%. This requires an annual investment yield on All— Savers Certificates of 10.77%. Federal Reserve Bank of New York Digitized [Ref. for FRASER No. 9171] 11/5/81