Full text of G.13 Selected Interest Rates : December 23, 1941

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

BOARD OF GOVERNORS
OP THE
FEDERAL RESERVE SYSTEM

RBC'D W:PHLES

;

OECI4184$
R&S IR 756 #
December M

OPEN-MARKET RATES IN NEW YORK CITY
( P e r c e n t per annum)
Week e n d i n g S a t u r d a y

P r e v a i l i n g r a t e on;
Commercial p a p e r ( p r i m e , 4 t o 6 m o n t h s ) . . .
Bankers * a c c e p t a n c e s ( p r i m e , 90 d a y s )
Time l o a n s ( S t o c k Exchange, 90 d a y s )
Rate on S t o c k - e x c h a n g e c a l l l o a n s : l /
New.
United S t a t e s s e c u r i t i e s ; l /
Rate on T r e a s u r y b i l l s %91 d a y s ) : Zj

Dec. 20
1941

Dec. 13
1941

Nov. 22
1941

1/2-5/8
7/16
11/4

1/2
7/16
1.1/4

1/2
7/16
1 1/4

1/2-5/8
7/16
1 1/4

1.00
1.00

1.00
1.00

1.00
1.00

1.00
1.00

1

.35
3 / .295

.33
.295

.30
.267

.02

Y i e l d on T r e a s u r y n o t e s ,
3 to 5 y e a r s :
Y i e l d on T r e a s u r y b o n d s , 12 y e a r s
and o v e r ;
Taxable bonds . . . . . . . * . . . . . . . . . . # . . . . . . . .
Average y i e l d on h i g h - g r a d e c o r p o r a t e
bonds 1 /

j

Deo. 21
1940

1/

,64
1.02

.68
1.05

.63
.93

,37
.65

1.97
2.39
110.7

1.98
2.39
110.5

1.86
2.23
112.3

1.89

2.71

2.65

2.57

2.58

2.81
4.40

2.79
4.39

2.72
4,29

2.71
4.44

—

111.8

Average y i e l d on c o r p o r a t e bonds; 6 /

J , / Averages of d a i l y f i g u r e s . For new i s s u e s of T r e a s u r y b i l l s , a v e r a g e d i s c o u n t on
i s s u e o f f e r e d w i t h i n week.
2/ Tax-exempt b i l l s p r i o r t o March 1941; t a x a b l e b i l l s t h e r e a f t e r .
Z / 82-day b i l l s .
4./ N e g a t i v e y i e l d ,
5 / P r i c e s d e r i v e d f r o m average y i e l d of p a r t i a l l y t a x - e x e m p t l o n g - t e r m i s s u e s on
b a s i s of a 2 3 / 4 per c e n t , 1 6 - y e a r bond.
6 / Averages of d a i l y f i g u r e s , week e n d i n g F r i d a y .




I