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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