Full text of G.13 Selected Interest Rates : January 4, 1939

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

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S
MR
566
January 4, 1939

OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Percent per annum)
Week ending Saturday
Deo • 31
1938

Dec• 24
1938

Dec . 3
1938

Dec . 31
1937

Prevailing rate on:
Commercial paper (prime, 4 to 6 months)•••
Bankers' acceptances (prime, 90 days )••....
Time loans (Stock Exchange, 90 days)......

5/8
7/16
1 1/4

5/8
7/16
1 1/4

5/8
7/16
1 1/4

1
7/L6
1 1/4

Rate on Stock-exchange call loans: l/
New.
.. ,T........
Renewal
.

1.00

1.00

1.00

1.00
1.00

.04

1.00

1.00

1.00

Average yield on United States obligations:
Treasuiy bills
.02
91 days l/ (dealers * quotation)*........
New issue 2/.......... .. . ..... .a,,......
Treasury notes, 3-5 years l/............
2.48
Treasury bonds, 12 years and over l/ 4-/...

2.49

2.51

.68

.11
.07
1.23

Average yield on corporate bonds: 5/
Aaa.............................T,
Baa

3.09
5.29

3.10
5.24

3.19
5.78

3.07
5.23

.02

.02

2.68

l/ Averages of daily figures.
IT/ Rates shown are on 91-day bills.
3/ Part of issue sold on negative yield basis and remainder at no yield.
3/ Nov/ series; for back figures, sec Federal Reserve Bulletin for December, p. 1045.
"5/ Averages of daily figures, week ending Friday.