Full text of G.13 Selected Interest Rates : April 17, 1972

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL

RESERVE

s t a t i s t i c a l

r e l e a s e

[III!
G.13

OPEN MARKET MONEY RATES AND BOND PRICES
Weekly
Mar. 11 j Mar. 18
Mar. 4
3.88
3.43
3TT8—

F e d e r a l Funds ( E f f e c t i v e R a t e ) * .
Commercial p a p e r ( p r i m e , 4 t o 6 m o s . )
Finance paper placed d i r e c t l y (3 t o 6 m o s . ) .
B a n k e r s ' A c c e p t a n c e s ( p r i m e , 90 d a y s )

. .

P r i m e Loan ( L e a d i n g C i t y Banks)
S t o c k Exchange c a l l l o a n s — g o i n g r a t e .

Mar . 25
3.91

Apr. 1
4.09

3.90
3.80
3.60

4.00
3.88
3.73

4.20
4.03
4.03

4.30
4.13
4.13

4.33
4.20
4.13

4/

4/

4/

4/

4/

4.50

4.50

4.50

4.50

4.75

u
Monthly
Mar.
Feb.
3.83
3.29
3.93
3.78
3.52

4.17
4.03
3.95

4.63

4.55

D i s c o u n t r a t e ( F e d e r a l R e s e r v e Bank of New York)

4.50

4.50

4.50

4.50

4.50

Y i e l d s on U. S . Government S e c u r i t i e s
Auction average:
3-month b i l l s .
6-month b i l l s . . .

3.446
3.762

3.553
3.796

3.845
4.195

3.920
4.322

3.849
4.354

3.180
3.594

4.086

Market y i e l d : * *
3-month b i l l s .
6-month b i l l s .
1-year b i l l s .

3.44
3.78
4.17

3.56
3.86
4.21

3.85
4.25
4.51

3.81
4.27
4.50

3.82
4.36
4.67

3.18
3.63
4.05

3.72
4.12
4.42

Market y i e l d :
O t h e r t a x a b l e i s s u e s , 9 t o 12 months .
Taxable i s s u e s , 3 to 5 years . . . . .
B o n d s — L o n g - t e r m t a x a b l e 2/

4.19
5.50
5.62

4.22
5.57
5.62

4.64
5.84
5.67

4.72
5.83
5.68

4.89
5.92
5.69

4.07
5.51
5.67

4.54
5.74
5.66

68.75

68.77

68.32

68.21

68.14

68.32

68.43

A v e r a g e y i e l d s on c o r p o r a t e b o n d s (Moody's)
Aaa
Baa

7.67
7.25
8.21

7.66
7.24
8.22

7.66
7.22
8.24

7.67
7.24
8.26

7.67
7.24
8.25

7.68
7.27
8.23

7.66
7.24
8.24

S t a t e and L o c a l Government Aaa (Moody's)

5.00

4.90

5.00

5.00

5.05

5.01

P r i c e of L o n g - t e r m T r e a s u r y bonds Jl/

. . .

Ju

3 . 723

4.99

1 / A v e r a g e of d a i l y f i g u r e s e x c e p t s t a t e and l o c a l G o v e r n m e n t s , which a r e b a s e d on T h u r s d a y f i g u r e s ,
2/ I n c l u d e s a l l bonds m a t u r i n g o r c a l l a b l e i n 10 y e a r s o r m o r e .
Y/ P r i c e s d e r i v e d f r o m a v e r a g e m a r k e t y i e l d s on t h e b a s i s of an assumed 3 p e r c e n t , 2 0 - y e a r b o n d .
^
4 / E f f e c t i v e F e b . 28, 4 - 3 / 8 — 4 - 3 / 4 ; March 13, 4 - 1 / 2 — 4 - 3 / 4 ; March 23, 4 - 3 / 4 — 4 - 7 / 8 ; March 27, 4 - 3 / 4 — 5.
* D a i i y a v e r a g e s a r e b a s e d on number of c a l e n d a r d a y s i n p e r i o d .
* * B i l l s q u o t e d on bank d i s c o u n t b a s i s .

A p r i l 17, 197:
GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD