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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S&7R722
June 10, 1941
OPEN-MARKET RATES IN NEW YORK CITY
( P e r c e n t p e r annum)
Week e n d i n g S a t u r d a y
June 7,
1941

May 31,

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 m o n t h s ) . . .
Bankers 1 a c c e p t a n c e s ( p r i m e , 50 days) . . . .
Time loons ( S t o c k Exchange, 90 days) . . . . .

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

1/2-5/8
7/16
11/4

Rate on S t o c k - e x c h a n g e c a l l l.oansi \J
New . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Renewal

1.00
1.00

United S t a t e s 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 ( 3 1 d a y s ) : 7 j
D e a l e r s ' q u o t a t i o n 1/
NC3"w i s s u e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yield on tax-exempt T r e a s u r y n o t e s ,
3 t o 5 y e a r s 1/* . » « . . . . . . » . . . . . . . . . . . . . .
Yield on T r e a s u r y b o n d s , 12 y e a r s
and ove r 1f 3 / . . . . . . . « • . • » * » . . . . . . . . . . .
P r i c e of T r e a s u r y bonds \J 3/ 4/
Averare y i e l d on c o r p o r o t e bonds: 5 /
Aaa
.........
Baa .

1941

.10

.38

.41

1.G9

2.81
4.33

June I?
1940

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

1/2-5/8
7/16

1.00
1 .00

.13
.100

131.8

May 10,
1941

1.00
1.00

.107

1.30
111.7

2.82
4.33

1

^

1/4

1.00
1.00

.12
.069

.118

.47

.84

1.92
111.4
2.31
4.31

.11

i

2.49
103.4
3.03
5.22

l / 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 .
3 / P a r t i a l l y tr.\x-exempt i s s u e s o n l y .
4 / P r i c e s d e r i v e d from 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 , .16-year b o n d .
£>/ Averages of d a i l y f i g u r e s , week ending F r i d a y ,