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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 702
February 11,1941
OPEN-MARKET RATES IN HEW YORK CITY
(Per cent per annum)
Week ending Saturday
Feb. 8
1941

Feb. 1
1941

P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 t o 6 months).
Bankers* acceptances (prime, 90 days)
Time loans (Stock Exchange, 90 days) . . ,

1/2-5/3
7/lG
1 1/4

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

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

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

Rate on Stock-exchange c a l l loanst \J
New . . . . . . . . . . . . . . . . . . . . . . . . . . .
Renewa 1

1,00
1,00

1.00
1.00

1.00
1.00

1.00
1.00

United S t a t e s o b l i g a t i o n s :
Rate on Treasury b i l l s (91 days);
Dealers* q u o t a t i o n \J
.02
y
New i s s u e . . . . . . . , . . . . . . . . . . . . . . . . . . . .
Yield of Treasury n o t e s , 3 t o 5 years JL,/.
.54
Yield of Treasury bonds, 12 years and
2.09
over l /
P r i c e of Treasury bonds, l / 3 / . . . . . . . . . . 108.9
Average y i e l d
Aaa
Baa
l/
2/
~%f
4/
5/

c o r p o r a t e bonds: 2 j

2.76
4.40

g

Jan,11
1941

?

Feb. 10
1940

.02

.005
.47

2.04
1109.7

1.97
110,7

2.32
105.7

2.76
4,35

2.75
4.41

2,87
4.84

Averages of d a i l y f i g u r e s .
Averages of d a i l y f i g u r e s , week ending F r i d a y .
P r i c e s d e r i v e d from y i e l d f i g u r e s on b a s i s of a 2 3/4 per c e n t , 16-year bond.
Negative r a t e ,
Negligible r a t e .