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o
R&S MR 1030
August lit, 1956'

r. 13
o
CJ

BOARD 0? GOVERNORS OF THE FEDEilAL RESERVE SYSTEM
OPEN-MARKET MONEY RATES AND BOND PRICES

F>
o
Commere j£il paper prime, It to 6 mos.) 1/
finance paper placed directly (3 to mos.) 1/
Sankers' acceptances (prime, 90 days) 1/
Rate on Stock Exchange call loans: 1/
New . . . . . . . . . . . . . . . . . .
Renewal . . . . . . . . . . . . . . . . . .
Yields on U. S. Government securities 1/
Bills, 3 months, new issues . . . . . .
Bills, 3 months, market yield
.. .
Taxable issues, 9 to 12 months • • . .
Taxable issues, 3 to 5 years . . • . .
Bonds — long-term, taxable:
Old series . . . . . . . . . . . . . .
series* . . . . . . . . . . . . . .
Price of long-term Treasury bonds:
Old series . . . . . . . . . . . . . .
New series* . . . . . . . . . . . . . .
Average yield on corporate bonds (Moody's) 1/
Aaa
. . . . . . . . . . . . . . . . . . .
Baa
.......
Jtate and local Government, Aaa 2/ . . . . .

2.38

July 28
T3T
2.9k
2.50

1.00

hi00
it.OO

it .00
it .00

it .00
it .00

U.oo

it .00

it .00
it .00

It .00
it .00

2.W9
2.33

2.387
2.33
2.54

2.237

2.378
2.29
2.85
3.19

2.527
2.it9
2.69
2.67

2.33k
2.31

2.96

2.303
2.32
2.7U
3.09

2.95

3.01

2.98
3.05

3.02
3.10

3.06

2.89
2.98

2.97
3.05

101 *.65

93.82
100189

100.01

93.lt0

92.88
99.hk

3-30
3.82

3.35
3.85

it .00

2.56
2.85
2.90
2.98

9b .76

102.16

3.26
3.78

2.76

~July lit
30T
2.91*

2.90

3.27
3.78
2.78

2.26
2.55

3.28
3.79
2.79

2.80

"Aug. it
3 •ly
2.9it

2.5o

3.13

2.81t

% 7 Average of daily figures.
'/ Moody's Investor Service; monthly and weekly data are based on Thursday figures.
3—l/It per cent bond of 1973-83 and beginning February 1, 1955, 3 per cent bond of February 1995 •
GOVERNMENT FINANCE SECTION, BOARD 0- GOVERNORS




Monthly
June 19bb July 1956
737"
735"
3.00
2.9it
2.U3
2,it5

Weekly
July 21
7T2T
2.9k
2.1t3

July 7
3.%
2;97
2.38

95.03

2.62
2.97

93.9U

102.22

100.98

3.27
3-75
2.71

3-28
3.79
2.78

rPJ.3
IA
I o ro
s
I.*"*

R&S MR 1030
August lit, 1956
(corrected)

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
OPEN-MARKET MONEY RATES AND BOND PRICES

tM

'Commercial p .per (prime, ft to 6 mos.) 1/
r arfance papei placed directly (3 to 6raos.)1/
»rs1 acceptances (prime, 90 days) 1/
Rate on Stock Exchange call loans: 1/
New
Renewal . . . »
.
Yields on U. S» Government securities 1/
Bills, 3 months, new issues
Bills, 3 months, market yield
Taxable issues, 9 to 12 months • • . .
Taxable issues, 3 to 5 years . • . • •
Bonds - long-term, taxable:
Old series . . . . ,» • • • » . . » •
series* . .
. ..
. .
..
Price of long-term Treasury bonds:
Old series . » . * . . . . . .
New series* •
. .
Average yield on corporate bonds (Moody's) 1/
Aaa
Baa
•« . # • . . * . • . . • • » • • • •
State and local Government, Aaa 2/ . . . . .

July 7
TiW
2;97
2.38

July lit"
73T
2,9k
2.38

Weekly
July 21
3.29
2.9U
2.U3

Monthly
July 28 | Aug. If June 1956 July 1955"
"ray
738727"
2.9U
3.00
2.9it
2.94
2.$0
2.50
2.it5
2.U3

It .00

I; .00

it .00
it .00

it .00
it .00

^.00
U.00

it .00
it .00

it .00

h .00

it .00
it .00

2.lt09
2.33
2.56
2.85

2.387
2.33
2.5it
2.90

2.237

2.303
2.32
2c7L
3.09

2.378
2.29
2.85
3.19

2.527
2.U9
2.69
2.87

2.33k
2.31

2.90
2,98

2.95

3.01

2.93
3.05

3.02

3.06

2.89
2.98

2.97
3.05

102,16

9k .76

9it.28
101.65

93.82
100^89

100.01

93.10

92.88
99 .bit

95.03
102=22

100.98

3.26
3.78
2.38

3.27
3.78
2.38

3.28

3.30
3.82
2.ui

3.35
3.85
2.itS

2.26
2.55

2.96

3-79

2.1)0

3.10

3.13

•q Average of daily figures.
'
? f Moody's Investor Service; monthly and weekly data are "based on Thursday figures.
<- 3-l/b per cent bond of 1973-83 and beginning February 1, 1955, 3 per cent bond of February 1995 •
dOVERMEN? FINANCE SECTION, BOARD 0" GOVERNORS




3.27
3-75
2 • 3k

2.62
2.97

93.9b

3-28
3.79
2-39