Full text of G.13 Selected Interest Rates : December 6, 1971

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

FEDERAL

RESERVE

statistical

release

OPEN MARKET MONEY RATES AND BOND PRICES

G.13
Average of Daily Figures 1/

Oct. 30
5.11 "
Federal Funds (Effective Rate)*, . . . . . . „ • •

Nov. 6
5.16

Weekly
Nov. 13
4.93

Nov. 20
4.88

Nov. 27
4.86

Monthly
Oct.
Nov.
5.20
4.91
5.54
5.30
5.05

4.92
4.81
4.78

5.92

5.53

4.236
4.411

4.489
4.626

4.191
4.338

4.15
4.31
4.42

4.33
4.49
4.61

4.46
4.60
4.75

4.22
4.38
4.49

4.46
5.47
5.46

4.69
5.63
5.56

4.74
5.68
5.46

4.50
5.50
5.44

Commercial paper (prime, 4 to 6 mos,). . . . . . ,
Finance paper placed directly (3 to 6 mos.). . . .
Bankers' Acceptances (prime, 90 days). . . . . . .

5.25
5.06
4.88

5.03
4.97
4.78

4.88
4.88
4.75

4.93
4.80
4.75

4.88
4.66
4.81

Prime Loan (Leading City Banks) . . . . . . . . . .

5.75

5/

5/

5/

Stock Exchange call loans—going rate. . . . . . .

5.75

5.63

2/
5.50

5.50

5.50

Discount rate (Federal Reserve Bank of New York) .

5.00

5.00

5.00

4.75-/

4.75

Yields on U. S. Government Securities
Auction average:
3-month bills
6-month b i l l s o . . . . . . . e .

4.443
4.530

4.233
4.346

4.174
4.340

4.122
4.255

Market yield:**
3-month bills.
6-month bills*
1-year bills .

4.36
4.47
4.49

4.18
4.34
4.41

4.18
4.37
4.47

Market yield:
Other taxable issues, 9 to 12 months . <
Taxable issues, 3 to 5 years . . . . . .
Bonds—Long-term taxable 2/. « . . . . «

4.51
5.53
5.43

4.37
5.41
5.33

4.40
5.47
5.37

Price of Long-term Treasury bonds 3/ . . . .

70.60

Average yields on corporate bonds (Moody1s),
Aaa.
.
Baa

7.82
7.31
8.44

7.78
7.25
8.43

7.77
7.24
8.37

7.77
7.27
8.36

7.78
7.28
8.39

7.88
7.39
8.48

7.77
7.26
8.38

State and Local Government Aaa (Moody's) . .

4.90

4.75

4.90

4.95

5.15

4.75

4.94

1/
2/
3/
4/
*
5/

.

.

.

»

.

o

.

Average u J- uaiiy nguics
Includes all bonds maturing or callable in 10 years or
Prices derived from average market yields on the basis
Effective November 19, 1971*
Daily averages are based on number of calendar days in
Prime rate changes effective: Nov. 1, 5.63--S.75, Nov.
Nov. 29, 5.25—5.50.
GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD



70.33

v

——'
—
'
more.
of an assumed 3 per cent, 20-year bond.
period.
**•Bills quoted on bank discount basis.
4, 5.50—5.63; Nov. 8, 5.50; Nov. 22, 5.38 5.50,
December 6, 1971