View original document

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&SMR725
July 1 , 1 9 4 1
OPEN-MARKET RATES IN NEW YORK CITY
( P e r c e n t per annum)
Week ending S a t u r d a y
June 21,
1941

May 31,
1941

June 29,
1940

1/27/16
1 1/4

1/2-5/8
7/16
1 1/4

1/2-5/8
7/16
1 1/4

1/2-5/8
7/16
1 1/4

1.00
1.00

1 .00
1.00

1.00
1.00

June 28,
1941

P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , 4 t o 6 months)
Bankers', a c c e p t a n c e s ( p r i m e , 90 d a y s ) .
Time l o a n s ( S t o c k Exchange, 90 d a y s )
R a t e on S t o c k - e x c h a n g e c a l l

l o a n s : \J

i

United States o b l i g a t i o n s :
R a t e on T r e a s u r y b i l l s (31 d a y s ) : Z /
.10
#087
Y i e l d on T r e a s u r y n o t e s ,
3 t o 5 y e a r s : JL/
Y i e l d on T r e a s u r y bonds, 12 y e a r s

Average y i e l d on c o r p o r a t e b o n d s : &/

l/
IT/
?/
4/
?/
"6/
7/

.39
.68
1.91
111.5
2.75
4.29

|

1.00
1.00

.12
.066

.10
.107

.08
.024

.40
.68

.41
,71

.67
i
2.32
105.7

1.94 - /
1.90
111 .1 1/ 111.7
2.77
4.31

2.82
4.33

1
1
i

2.91
4 .97

Averages of d a i l y f i g u r e s .
Tax-exempt b i l l s p r i o r to March 1941; t a x a b l e b i l l s t h e r e a f t e r .
P a r t i a l l y tax-exempt i s s u e s o n l y .
P r i c e s d e r i v e d f r o m y i e l d f i g u r e s on b a s i s of a 2 3 / 4 per c e n t , 1 6 - y e a r b o n d .
Averegos of d a i l y f i g u r e s , week e n d i n g F r i d a y .
On June 16, number of i s s u e s d e c r e a s e d f r o m 3 bo 2*
On June 16, number of i s s u e s d e c r e a s e d from 6 t o 5 .