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jo f 4 s February 12, 1987 FOR IMMEDIATE RELEASE RESULTS OF TREASURY'S 52-WEEK BILL AUCTION Tenders for $9,502 million of 52-week bills to be is .ary 19 , 1987, and to mature February 18, 1988, were accepted r. The details are as follows: RANGE: OF ACCEPTED COMPETITIVE BIDS: Discount Rate Investment Rate (Equivalent Coupon -Issue Yield) Low 5.71% a/ 6.05% High 5.75% 6.10% Average 5.74% 6.09% a/ Excepting 1 tender of $1,890,000. Tenders at the high discount rate were allotted 18%. Price 94 227 94 186 94 196 TENDERS RECEIVED AND ACCEPTED (In Thousands) Location Received Accepted Boston New York Philadelphia Cleveland Richmond Atlanta Chicago Ste Louis Minneapolis Kansas City Dallas San Francisco Treasury TOTALS 31,680 30,435,635 12,410 128,695 36,890 27,895 1,480,485 25,415 17,215 32,450 7,685 1,760,555 114,435 $ 28,040 8,749,535 12,410 87,695 36,890 26,895 157,465 13,955 17,215 32,450 7,685 216,855 114,435 $34,111,445 $9,501,525 Type Competitive Noncompetitive Subtotal, Public $30,916,980 569,465 $31,486,445 $6,307,060 569,465 $6,876,525 2,500,000 2,500,000 125,000 125,000 $34,111,445 $9,501,525 Federal Reserve Foreign Official Institutions TOTALS $ An additional $175,OOOthousand of the bills will be issued to foreign official institutions for new casho
@FedFRASER