Full text of G.13 Selected Interest Rates : August 9, 1963

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>MFEDERAL
G.13

Averages of daily figures 3/
Federal Funds (Effective rate)*

I RESERVE

statistical

OPEN MARKET MONET RATES AMD BOND FRIGES
WeeklyJuly 6
July 13 July 20 July 27
2.6i
3.00
2.98
3.Olt

Augj. 3
3.itl

Coranercial paper (prime, U to 6 mos.) . . . . . .
Fina#p paper placed directly (3 to 6 mos.) . . .
BEBCIWS' acceptances (prime, 90 days)

3. Mi
3.30
3.25

3.50
3.3k
3.35

3.50
3.38
3.1t5

3.50
3.38
3.50

3.58
3.38
3.50

Prime Loan Rate (leading City Banks) . . . . .

It. 50

lt.50

lt.50

It. 50

lt.50

Stock exchange call loans—going rate . . . . . .

lt.50

It. 50

lt.50

k.5o

lt.50

Discount rate (Federal Reserve Bank of New York)

3.00

3.00

'"*"3.50

3.50

3.50

3.011

3.16k
3.272

3.192
3.355

3.206
3.369

3.03
3.12
3.16

3.22

3.72

3.80

3:19
3.36
3.U8
3.1t0
3.80
It.02

86.10

Yields on U. S. Government securities
Auction average:
3-month bills
6-month bills . . . . . . . . . . .
Market yield:
3-month bills . . . . . . . . . . .
6-month bills . . . . . . . . . . .
12 month bills . . . . . . . . . .
her taxable issues, 9 to 12 months
Taxable issues, 3 to 5 years . . . .
Bonds—Long-term, taxable 2/ . . .

«

Price of long-"term Treasury bonds j/

3.093

3.20

3.3k
3.39
3.35

U.02

It. 03

86.10

85.95

release

Monthly
June 1963
2.99

4 ^ -

3-38
3.21
3.2k

3.k9
3.35
3.kl

k.50

k.50

3.263
3.398

2.995
3.078

3.1k3
3.272

3.19
3.36
3.k7
3.35
3.79
k.00

3.2k
3.38
3.k6
3.30
3.77
3.99

2.99

3.11
3.17
3.67
k.00

3.18
3.31
3.k0
3.33
3.78
k.01

86.30

86.1t8

86.36

86.16

k.23
k.8k
3.09

k.26
k.8k
3.10

3.08

Average yield on"corporate bonds (Moody's)
It.29
1.29
lt.2%
k.2k
It. 23
Aaa . . . . . . . . . . . . . . . . . . .
k. 81t
U.8h
lt.81t
lt.8It
lt.85
Bas . . . . . . . . .
3.08
3.10
3.11
3.08
-3.11
State and local Governmentf Aaa (Hoodv fs)
\J Average of daily figures except state and local Government, which are based on Thursday figures.
2/ Includes all bonds maturing or callable in 10 years or more.
** Effective July 17, 1963. _
j/ Prices derived from average market yields on basis of an assumed 3 per cent, 20-year bond. *Daily

averages are based

GOVERNMENT FINANCE SECTION

August 9, 1963