Full text of G.13 Selected Interest Rates : February 6, 1979

View original document

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

F

E

D

E

R

A

L

R

E

S

E

R

V

E

statistical

SELECTED INTEREST RATES AND BOND PRICES
(Yields in per cent per annum) 1/
Instruments

Commercial paper (prime, 4 to 6 mos.) . . . . . .
Finance paper placed directly (3 to 6 mos.) • . .
Bankers' acceptances (prime, 90 days) . . . . . .
Prime loan (large business prime rate-majority) .
Discount rate (Federal Reserve Bank of New York).
U.S. Government securities 3/
Auction Average (Issue date):

r e l e a s e

For Immediate Release
February 6, 1979

Weekly
Jan. 6 Jan. 13 Jan. 20 Jan. 27
9.97
10.05
10.59
10.05
10.34
10.28
10.48
10.09
10.40
10.36
10.55
10.16
10.19
10.15
9.98
10.24
10.41
10.29
10.65
10.11
11.75
11.75
11.75
11.75
9.50
9.50
9.50
9.50

Feb. 3
10.12
9.99
10.07
9.86
9.92
11.75
9.50

Monthly
Dec.
Jan.
10.03
10.07
10.37
10.25
10.43
10.32
10.06
10.10
10.55
10.29
11.55
11.75
9.50
9.50

9.388
9.550

9.316
9.443
9.605

9.411
9.534

9.289
9.475

9.324
9.376

9.122
9.397

9.351
9.501

7.221
7.572
7.678

9.34
9.45
9.61

9.30
9.50
9.61

9.44
9.56
9.61

9.34
9.44
9.46

9.28
9.34
9.31

9.08
9.36
9.44

9.35
9.47
9.54

7.19
7.58
7.74

Year
1978
7.94
7.94
7.99
7.78
8.11
9.06
7.46

Market Yields:

1-year bill
• • • • • • • • • • • • • • •
Treasury constant maturities: 4/
1-year
3-year

10-year
20-year
Coupon issues due in:

. . . . . .

. . .

. .

•
.

Price of long-term Treasury bonds 6/7/

State and local government Aaa (Moody's). . . . .

SEE BACK FOR FOOTNOTES.

10.51
9.92^
9.60
9.30
9.22
9.15
9.01
8.98

10.50
9.91
9.59
9.26
9.21
9.16
9.03
8.98

10.31
908Q9
9.42
9.10
9.06
9.04
8,95
8.89

10.13
9.62
9.13
8.94
8.93
8.94
8.89
8.85

10.30
9*7%,
9.33
9.08
9.03
9.01
8.90
8.88

10.41
9.86
9.50
9.20
9.14
9.10
8.98
8.94

8.34
8.24
8.29
8.32
8.36
8.41
8.48
8.49

9.46
8.44
47.87

8.47
47.72

9.43
8.46
47.75

9.27
8.39
48.16

9.02
8.32
48.58

9.23
8.36
48.38

9.36
8.43
47.97

8.30
7; 89
51.26

5/

Corporate bonds (Moody's), all industries . . . .
Aaa
. . . . .




10.51
9.93
9.58
9.30
9.21
9.14
8.99
8.96

9.64
9.26
10.15
6.05

9.65
9.26
10.17

9.67
9.28
10.15
6.00

%65
^.24
10.10
5.75

~ 9.60
9.19
10.07
'5.70

**9.49
"9.65
79 .16 '
9.25
"9.94
10.13
5.91
5.95

9.07
3.73
9.49
5.52

10.38

10.38

10.40

10.40

10.40

10.35

9.63

6.00

10.39

INTEREST RATES
(Yields in per cent per annum)

0,13 continued

Daily
1979
January

1
2
3
4
5

8
9

10
11

Comm.
funds

1-yr
T
10.58
10.53
10.45
10.46

R ,
9.41
9.31
9.31
9.34

K
9.54
9.48
9.38
9.38

B
9.70
9.62
9.55
9.56

10.01
10.01

10.34
10.36
10.35
10.36
10.30

9.36
9.27
9.25
9.28
,9,35

9.39
9.50
9.52
9.49
9.59

9.59
9.62
9.62
9.61
>.63

10.31
10.30
10.29

9.44
9.44
9.44
9.46
9.40

9.59
9.57
9.55
9.58
9.53

9.34
9.36
9.35
9.33
9.34
9.35
9.27
9.29

12
15

10.17

16

10.10

17

10.05

18

10.00

19

10.03

10.24

22

10.15

10.21
10.16

10.06
10.02
10.02

29
30
31

1-yr
bill

A
10.57
10.54
10.44
10.38

9.91

26

bill

6-mo
bill

M
11.72
8.34
10.03
9.94

10.00
.10.01

23
24
25

U . S . Government Securities

90-119

10.28

10.04
10.04

10.05

10.02

10.10
10.01

10.03

10.57

i

10.02
10.00

1/

Treasury constant maturities
3-yr
5*yr
7-yr
10-yr

,
.IflsJBL—

D

I

C
9.63
9.62
9.52
9.56

L
9.33
9.33
9.27

9.28,

0
9.24
9.23
9.18
9.18

S
9.18
9.16
9.11
9.10

10.49
10.53
10.52
10.51
10.52

9.92
9.92
9.94
9.92
9.92(

9.62

9.31
9.30
9.30
%30j
39%28|

9.21
9.22
9.23
9.22
9.20

9.14
9.16
9.16
945
>M4,

9.63
9.63
9.61
9.62
9.57

10.52
10.52
10.50
10.51
10.44

9.91
9.92
9.91
9.92
9.91

9.59
9.58
9.59
9.59
9.58

9.27

9.21
9.20
9.22
9.22
9.19

9.15
9.16
9.18
9.18
9.15

9.49
9.49
9.47
9.40
9.37

9.52
9.53
9.51
9.41
9.35

10.39
10.40
10.36
10.24
10.17

9.86
9.85
9.85
9.78
9.67

9.53
9.50
9.46
9.32
9.27

9.20
9.16

9.01
8.98

9.16
9.12
9.10
8.98
8.96

9.12
9.10
9.08
8.98
8.93

9
#
#
#

§M

••82

9.39
9.35
9.35

9.39
9.34
9.33

10.21

9.67

9.25
9.18
9.16

9.00
8.98
8.95

8.99
8.96
8.93

8.96
8.95
8.95

#.#

••85
••85
••85

10.14
10.13

10.00
9.98
9.88
9.87

9.68
9.64

9.61
9.61
9.59
9.59

9.26
9.28
9.27
9.24

9.16

9M

fiil

#.#
leSl
K M

#.##
#.##
###
#.#
###
e
.
.
.

#
#
#
*

#.#

Average of daily figures except for state and local Government and conventional mortgages, whic5"tf#
Thursday and Friday figures, respectively,
7-day average for statement week ended on preceding Wednesday.
Bills quoted on bank discount basis.
Yields on actively traded issues adjusted to constant maturities.
Unweighted average of all issues outstanding.

Source:

U.S. Treasury.

Bond8 neither due nor callable in less than 10 years, including a number of very low yielding " H e W F ^
Derived from long-term1 yields above on the basis of an assumed 20-year bond with a 3 per cent
'mmm
Contract interest rates on commitments for first mortgages. Source: FHLMC.




••99
#.96
••94
••95
••98
••99

•#97
••97
••98
••99
••99
••97
••94
••93
••91
S.84

on