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FEDERAL
Average of daily figures l /
Federal Funds (Effective rate)*

RESERVE

s t a t i s t i c a l

OPM MARKET MONET RATES AND BOND PRIDES
Weekly
Dec. 8
J2££*-22-

2.88

2.98

3.00

3.25
3.1b

3.28

3.38
3.19

Commercial paper (prime, 1* t o 6 mos.) • . . . .
Fin^ace 1paper placed directly (3 to 6 mos.) * .
Bai^prs acceptances (prime, 90 days) . . . . .

3.25
3.13

Prime Loan Rate (Leading City Banks) . . . . . .

it. 50

it. 50

Stock Exchange c a l l loans—going rate

a. 50

. . . . . .

Discount r a t e (Federal Reserve Bank of New York)
Yields on U. S. Government securities
Auction average:
3-month b i l l s
6-month b i l l s
Market yield:
3-month b i l l s
..
. . . . . .
6-month b i l l s
. . . . . . .
..
9-12 month b i l l s
^ b t h e r taxable issues, 9 to 12 months
^^^axable issues, 3 to $ years
. . .
Bonds—Long-term, taxable 2/
. . .

3.19

3.00

r e l e a s e

Jan. ^

Monthly
.Nov, 1962,

2.90

2.9it

2.93

3.38
3.23

3.08

3.23

3.00

3.29
3.16
3.0®

it. 50

1.50

3.00

3;00

it. 50

it. 50

h.50

it. 50

14.50

it.50

it. 50

3.00

3.00

3.00

3.00

3.00

2.861

2.807

2.861

2.89I1
2.92it

2.926
2.966

2.803
2.875

2.856
2.908

2 . 89
2.93
2.95
2.96
3.ltl
3.85

2.89
2.9it
2.95
2.99
3.itU
3.87

2.83
2.89
2.9it

2.8?

3.00

3.00

2.91(5

2.861

2.85
2.91

2.88

2.9b
2.97
3.1i8
3.89

2.81
2.93

2.9h
3.hh
3.88

2.901

2.88

2.90
2.9it
2.9it
3.itl

3.86

2.92

3.1*6
3.87

2.91

2.9k
2.95
3.itit3.87

Price of long-term Treasury bonds j / . . .
88.00
87.66
88.12
87.89
88.25
87.96
87.96
Average yield on corporate bonds (Moody's)
Aaa , ^
. . •
I t . 26
it. 25
lt.2it
it. 23
it. 22
it.25
h.2h
Baa
It. 92
it.93
2 91
2.92
State and local Government, Aaa (Moody* s)
T j Average of daily figures except s t a t e and local Government, which are based on Thursday figures.
2 / Includes a l l bonds maturing or callable in 10 years or more.
g / Preliminary.
2 / Prices derived from average market yields on basis of an assumed 3 per cent, 20-year bond. * Daily averages are based
on number of
days in period and are not comparable with earlier G.13 figures, which were based on number-of trading days. Comparable back figures may be obtained from the Market S t a t i s t i c s Dept., FRB of New York,
GOVERNMENT FINANCE SECTION
January 8, 1963



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