Full text of G.13 Selected Interest Rates : January 5, 1970
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FEDERAL RESERVE statistical release OPEN MARKET MONEY RATES AND BOND PRICES G. 13 Average of Daily Figures 1/ Dec. 6 8.91 Dec. 13 8.75 Commercial paper (prime, 4 to 6. mos.). . Finance paper placed directly (3 to 6 mos.). . . . Bankers' Acceptances (prime, 90 days). . . . . . . . 8.63 7.98 8.38 8.75 7.88 8.53 Federal Funds (Effective Rate)*. . . . . . . . . . . Weekly Dec. 27 Dec. 20 9.18 9.14 Jan. 3 8.71 8.93 7.89 8.63 9.00 7.90 8.72 9.00 8.03 8.75 Monthly Dec. Nov. 8.97 8.58 8.46 7.92 8.18 8.84 7.93 8.58 Prime Loan Rate (Leading City Banks) 8.50 8.50 8.50 8.50 8.50 -- -- Stock Exchange call loans--going rate. . 8.50 8.50 8.50 8.50 8.50 8.50 8.50 Discount rate (Federal Reserve Bank of New York) . . 6.00 6.00 6.00 6.00 6.00 7.453 7.613 7.702 7.803 7.920 7.922 7.804 7.815 8.096 8.101 7.193 7.565 7.72( 7.78: 7.60 7.83 7.55 7.81 7.92 7.61 7.88 7.89 7.61 7.82 7.82 7.67 8.02 8.03 7.75 7.24 7.62 7.38 7.81 7.89 7.64 8.11 7.64 6.65 8.32 7.95 6.73 8.37 8.06 6.84 8.44 8.10 6.92 8.56 8.26 7.00 7.94 7.57 6.51 8.34 7.98 6.77 Price of Long-term Treasury bonds 3/ . . . . . . . . 59.93 59.35 58.46 57.92 57.33 61.08 58.71 Average yields on corporate bonds (Moody's). . . . . 7.97 7.60 8.45 8.05 7.64 8.57 8.15 7.73 8.68 8.27 7.84 8.80 8.33 7.90 8.89 7.76 7.35 8.25 8.13 7.72 8.65 State and Local Government Aaa (Moody's) . . . . . . 6.34 6.48 6.57 6.57 6.52 5.88 6.50 Yields on U. S. Government Securities Auction average: 3-month bills. 3-month bills 1-year bills . . . . Market yield: Other taxable issues, 9 to 12 months Taxable issues, 3 to 5 years 2/ 3/ * — -- 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. Daily averages are based on number of calendar days in period. ** Bills are quoted on bank discount basis. HIES GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD January 5, 1970 .