Full text of G.13 Selected Interest Rates : January 9, 1962

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FEDERAL

RESERVE

s t a t i s t i c a l

r e l e a s e

.4-^J

5%
OPEN M/RKET MONEY RATES AND BOND PRICES
L ferage of d a i l y f i g u r e s l /

Weekly
Dec. 16
Dec. 23
1.6C0
2.550

Dec. 30
2.875

Monthly
Nov. 1961
Dec. 1961
2.550
—2%2?5—i

Dec. 2
1.750

Dec. 9
2.200

3.10
2.81
2.75

3.13
2.83
2.75

3.15
2.93
2.82

3.25
3.00
2.98

3.25
3.CO
3.00

Prime Loan Rate (Leading City Banks)

U.50

U.50

U.50

U.50

U.50

Stock Exchange c a l l loans—going r a t e • • • . . «

U.5o

U.50

U.50

U.50

U.50

Discount r a t e (Federal Reserve Bank of New York)

3.00

3.00

3.00

3.00

3.CO

2.606
2.806

2.625
2.867

2.579
2.87U

2.670
2.915

2.59U
2.8U5

2.U58
2.686

2.617
2.875

2.56
2.78
2.91
2.98
3.73
U.01

2.58
2.88
2.97
3.03
3.82
U.05

2.59
2.89
2.97
3.02
3.8U
U.06

2.61
2.86
2.95
3.0U
3.81
U.06

2.66
2.90
3.02
3.0U
3.81
U.07

2.U8
2.70
2.90
2.95
3.68
3.98

2.60
2.88
2.97
3.03
3.82
U.C6

86.22

85.75

85.56

85.53

85.U3

86.52

65.61

U.39
5.11
3.27

U.U2
5.10
3.32

Funds ( E f f e c t i v e r a t e ;
a e r c i a l paper (prime, U t o 6 mos.) , . . • .
ance papir placed d i r e c t l y (3 t o 6 mos,) . .
deerd' acceptances (prime, 90 days) . . . . .

"fields on U. S. Government s e c u r i t i e s . .
Auction average:
3-month b i l l s
. . . . . . .
6-month b i l l s . . . * . . .
* . . .
"Market y i e l d :
3-month b i l l s . * . . . . . . . . . .
6-month b i l l s . . . . . . . . .
• 9-12 month b i l l s •
Other t a x a b l e i s s u e s , 9 t o 12 months .
Taxable i s s u e s , 3 t o 5 years
• . . .
Bonds—Long-term, taxable 2 / . . . . . .
P r i c e of long-term Treasury bonds 3/ • • •

Average y i e l d on corporate bonds (Moody's)
u.uu
U.UU
U.U2
Aaa
U.39
I t . 38
5.io
5.11
5.H
5.10
5.10
Baa . . . . . . . . . . . . . . .
. .
3.31
3.32
3.33
3.32
3.31
S t a t e and l o c a l Government, Aaa (Moody's)
l / Average of d a i l y f i g u r e s except s t a t e and l o c a l Government, which are based on Thursday figures«
2 / Includes a l l bonds maturing or c a l l a b l e i n 10 years or more.
Prices derived from average market y i e l d s on b a s i s of an assumed 3 per c e n t , 20 year bond.
GOVERNMENT FINANCE SECTION



\

fQR FILES
Piter ML Kelr

2.98
2.7U
2.75

3.19
2.93
2.87
-

U.50

U.50

January 9, 1962