Full text of G.13 Selected Interest Rates : June 28, 1938

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BOARD OP GOVERNORS
OP THE
FEDERAL RESERVE SYSTEM
R&S MR 534
June 28, 1938
OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Percent per annum)
Week ending Saturday
June 25
1938
Prevailing rate on:
Commercial paper (prime, 4 to 6 months)...
Bankers1 acceptances (prime, 90 days),,...
Time loans (Stock Exchange, 90 days)

2/4
7/16
1 1/4

Rate on Stock-exchange call loans: l/
New..
..
Renewal

1,00

Average yield on United States obligations:
Treasury bills
91 days l/ (dealers' quotation)
New issue 2/,................# # # « «
Treasury notes, 3-5 years l/.........
Treasury bonds l/..

,04
•01
.68
2,36

Average yield on corporate bonds: 3/
Aaa
Baa.

3.35
6,99

1.00

June 18
1938

May 28
1938

3/4-1
7/16
1 1/4

3/4-1
7/16
1 1/4

1.00

1.00

1.00

1.00

.05

2.32

.04
.03
.72
2.29

3.32
7.14

6.80

.02

.66

3.27

1/ Averages of daily figures,
2/ Rates shown for 1938 are on 91-day bills; that for 1937 is on 273-day bills.
3/ Avoragos of daily figures, week ending Friday,