Full text of G.13 Selected Interest Rates : July 8, 1963

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

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

, .

RESERVE

statistica

OPEN MARKET MONEY RATES AND BOND PRICES
Weekly
June 1
June 8
June 15
June 22

release

June 29
2.96

3.00

3.00

3.00

3.00

CcJ^rcial paper (prime, It to 6 mos.) . . . . . .
Finance paper placed directly (3 to 6 mos.) . . .
Bankers' acceptances (prime, 90 days) . . . . . .

3.25
3.13
3.13

3.38
3.19
3.23

3.38
3.19
3.25

3.38

3.21

3.25

3.38
3.25
3.25

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

k.50

It.50

It. 50

li.50

It.50

Stock exchange call loans—going rate . . . . . <

It. 50

It.56

It.50

it.50

It.50

Discount rate (Federal Reserve Bank of New York)

3.00

3.00

3.00

3e00

3.00

2.97k
3.055

3.028
3.098

2.975
3.063

3.081

2.997

2.98

3.00

3.09
3.17
3.6k
3.99

3.12
3.21

2.98
3.07
3.11
3.18

2.98
3.08

it.OO

3.99

86.k5

86.35

86.1t5

#

Yields on U« S. Government securities
Auction average:
3-month bills . . . . . . . . . . . . . . .
6-month bills . . . . . . . . . . . . . . . .
Market yield;
3-month bills . . . . . . . . . . . . . . . .
^6-month bills . . . . . . . . . . . . . . . .
^^*12 month bills. . . . . . . . . . . . . . .
Other taxable issues, 9 to 12 months. . . . .
Taxable issues, 3 to 5 years. . . . . . . . .
Bonds—Long-term, taxable 2/. . . . . . . . .
Price of long-term Treasury bonds j/. . . . . . .

3.06

3.08

3.68

3.66

Monthly
May 1963
June 1963*

3.00

2.99

3.25
3.15
3.13

3.38
3.21
3.2k

It.50

k.50

2.979
3.070

2.920
3.006

2.995
3.078

2.92
3.01
3.06

3.08

It.OO

2.99
3.07
3.11
3.lit
3.67
It.OO

3.57
" 3.97

3.11
3.17
3.67
k.00

86.32

86.32

86.66

86.36

3.11
3.15

3.68

3.06

2.99

Average yield on corporate bonds (Moody's)
It. 23
It.23
it.22
it. 23
It.22
It.22
k.23
Baa
It.8!i
It. 83
It.8b
U.8It
k.8k
It. 85
k.8k
•State and local Government. Aaa (Moody's) . . .
_
3.08
1-09
•3..QP,
_ULQ_
JLQL
_U&.
-2*223/ Average of daily figures except state and local Government, whicli are based on Thursday figures.
2/ Includes all bonds maturing or callable in 10 years or more.
j / Prices derived from average market yields on basis of an assumed 3 per cent, 20-year bond, *Daily averages are based
on number of calendar 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 Statistics Department, FEB of New York.
GOraNMENT FINANCE SECTION
July 8, 1963