Full text of G.13 Selected Interest Rates : February 5, 1973

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

FEDERAL

RESERVE

s t o t i s ti c o

r e l e a s e

OPEN MARKET MONEY RATES AND BOND PRICES

G.13

Averages of Daily Figures 1/
f e d e r a l Funds (Effective Rate)*

. • . •

Commercial paper (prime, 4 to 6 mos.)
Finance paper placed directly (3 to 6 mos.) . .
Bankers 1 Acceptances (prime, 90 days)

Jan. 6
"57615.63
5.38
5.38

Weekly
Jan. 13
Jan. 20
5.66
5.86
5.63
5.40
5.43

5.78
5.53
5.58

Jan, 27
6.03
5.90
5.75
5.80

Feb, 3
6.35

6.10
5.83
5.98

Monthly
Jan,
Dec.
5.94
5.33
5.45
5.24
5.16

5.78
5.56
5.60

5.75

6.01

Prime Loan (Leading City Banks) • • •

4/

4/

4/

4/

4/

Stock Exchange call loans—going rate

5.81

6.00

6.00

6.08

6.20

Discount rate (Federal Reserve Bank of New York) 5/

4.50

4.50

5.00

5.00

5.00

Yields on U.S. Government Securities
Auction average:
3-month bills
6-month bills ,

5.163
5,396

5.155
5.412

5.277
5.540

5.633
5.760

5.689
5.871

5.061
5.287

5.307
5.527

Market yield:**
3-ntonth bills ,
6-month bills *,
1-year bills

5.16
5.42
5.44

5.19
5.47
5.45

5.40
5.63
5.52

5.67
5.81

5.70
5.88
5.99

5.07
5.30
5.28

5.62

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

5.61
6.16
5.72

6.22

5.70

5.91
6.38

5.83

5.80
6.27
5.98

6.08

5.96
6.50
6.13

5.46
6.07
5.63

5.78
6.29
5.94

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

67.84

66.84

65.54

64.67

64.24

™

Average yields on corporate bonds (Moody's)
Aaa
Baa
• • • • • • • •

7.47
7.11
7.90

7.47
7.12
7.89

7.48
7.15
7.90

5.66

7.50
7.18
7.91

5.00
4.90
4.95
4.90
4.85
Average of daily figures except state and local Governments, which are based on Thursday figures
Includes all bonds maturing or callable in 10 years or more.
Prices derived from average market yields on the basis of an assumed 3 per cent, 20-year bond.
Effective Dec. 27; 5 - 3 / 4 — 6 ; Jan. 2, 1973; 6.00; Feb. 2; 6 - 6 - 1 / 4
Federal Reserve moved its discount rate to 5.00 on Jan. 15, 1973.
7-day average for statement week ended on preceding Wednesday.

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

I

4/
5/
*

7.53p
7.20
7.94p

GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD



February 5, 1973

5.41

5.58

68.68 65.89
7.47
7.08
7.93

7.49
7.15
7.90

4.91

4.90