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TREASURY NEWS ^ a rtm e n t o f th e Tre a s u ry • W a sh in g to n , D.c. • Te le p ho ne 566-2041 -i V A u ction d a te : O ctober 28, 1982 RESULTS OF TREASURY'S 52-WEEK BILL AUCTION Tenders for $ 7,000 million of 52-week bills to be issued November 4, 1982, and to mature November 3, 1983, were accepted today. The details are as follows: RANGE OF ACCEPTED COMPETITIVE BIDS: Price High - 91.A07 Low - 91.263 Average - 91.338 Discount Rate Investment Rate (Equivalent Coupon-issue Yield) 8.499% 8.641% 8.567% \J 9.21% 9.38% 9.29% Tenders at the low price were allotted 12%. TENDERS RECEIVED AND ACCEPTED (In Thousands) Received Accepted 54,585 9,366,120 27,900 37,600 40,855 98,660 664,660 55,300 10,705 25,540 7,380 876,430 52,590 $ 37,585 5,813,120 27,900 34,600 38,855 98,660 194,660 39,300 10,705 23,540 7,380 621,430 52,590 $11,318,325 $7,000,325 $ 9,814,200 234.125 $10,048,325 $5,496,200 234,125 $5,730,325 1,000,000 1,000,000 270,000 270,000 $11,318,325 $7,000,325 Location Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Treasury TOTALS Competitive Noncompetitive Subtotal, Public Federal Reserve Foreign Official Institutions TOTALS $ 1/ The average annual investment yield is 9.51%. This requires an ~~ annual investment yield on All-Savers Certificates of 6.66%. Federal Reserve Bank of New York [Ref. Cir. No. 9387] 11/3/82
@FedFRASER