Full text of G.13 Selected Interest Rates : August 9, 1938

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BOARD OP GOVERNORS
OP THE
FEDERAL RESERVE SYSTEM
R&S m 541
August 9, 1938

OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Percent per annum)
Week ending Saturday
Aug. 6
1938

J u l y 30
1938

July S
1938

Aug. 7
1937

P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 t o 6 months)•
Bankers 1 acceptances (prime, 90 d a y s ) . . .
Time l o a n s (Stock Exchange, 90 d a y s ) . , . .

3/4
7/16
1 1/4

2/4
7/l6
1 1/4

3/4
7/l6
1 1/4

1
7/16
1 l/4

Rate on Stock-exchange c a l l l o a n s : l /
New.
.. ...
.. .. . .
Renewal...

1.00
1.00

1.00
1.00

1.00
1.00

1.00
1.00

Average y i e l d on United S t a t e s o b l i g a t i o n s
Treasury b i l l s
91 days l / ( d e a l e r s 1 q u o t a t i o n )
New i s s u e 2 / . . . . . . . . . . . *
.
Treasury n o t e s , 3-5 years l /
Treasury bonds l / .

.07
.04
.70
2.33

.07

.06

.06

.26

.70
2.34

.04
.69
2.35

.48
1.38
2.54

Average y i e l d on c o r p o r a t e bonds: Z/
Aaa... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Baa

3.18
5.46

3,20
5.47

3,24
5.79

3.22
4.93

l / Averages of d a i l y f i g u r e s .
13/ Rates shown f o r 1938 a r e on 91-day b i l l s 5 t h a t f o r 1937 i s on 273-day b i l l s ,
3 / Averages of d a i l y f i g u r e s , week ending F r i d a y , S e r i e s r e v i s e d beginning
January 1937.