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FEDERAL RESERVE statistical release
• f*AL
SELECTED INTEREST RATES
.
(Yields in percent per annum)

G.13(415)
Instruments
Federal funds (effective rate) 2/
Commercial paper 3/7/

. . . . .

May 3
15.12

May 10
12.96

12.76
12.44
11.88

10.31
10.04
9.60

12.20
11.42
11.15
12.46
12.97
12.89
12.67
19.50
13.00

For Immediate Release
June 3, 1980

W e e k l y
May 17
10.85

Prime loan (large business prime rate-majority) 2/...
Discount rate (Federal Reserve Bank of New York) 2/.
U.S. government securities
Treasury bills 3/
Auction average (Issue date)

. .

, ,^

May 31
9.46

9.44
9.38
9.26

9.13
9.12
8.95

8.19
8.19
8.15

16.10
15.78
14.93

9.60
9.49
9.29

9.93
9.90
9.73
10.04

9.31
8.95
8.93
9.60

8.79
8.62
8.64
9.08

8.00
7.81
7.81
8.42

15.70
14.05
13.68
15.63

9.30
9.09
9.01
9.60

10.30
10.26
10.07
18.39
13.00

9.65
9.70
9.71
17.50
13.00

9.42
9.43
9.43
16.64
13.00

8.35
8.43
8.60
14.79
13.00

16.23
16.14
15.80
19.77
13.00

9.77
9.79
9.78
16.57
12.94

Finance paper placed directly 3/

Bankers' acceptances (prime, 90 days) 3/
CDs (secondary market)

M o n 1t h 1 y
8y
April
17.61
IDT98

May 24
10.71

10.788
10.790

9.728
9.495

8.604
8.782

8.953
8.923

7.675
7.753
8.341

14.003
13.618

9.150
9.149

10.47
10.38
9.99

9.14
9.09
9.00

8.53
8.68
8.72

8.15
8.26
8.34

7.70
7.87
8.03

13.20
12.88
11.97

8.58
8.65
8.66

10.94
10.61
10.49
10.63
10.54
10.57
10.78
10.77
10.15

9.77
9.60
9.57
9.94
10.02
10.08
10.32
10.30
9.70

9.44
9.48
9.44
9.94
10.16
10.25
10.49
10.40
9.87

9.02
9.21
9.23
9.89
10.08
10.16
10.50
10.38
9.86.

8.68
9.07
9.14
9.79
9.98
10.14
10.37
10.25
9.77

13.30
12.50
12.02
11.84
11.49
11.47
11.42
11.40
10.83

9.39
9.45
9.44
9.95
10.09
10.18
10.44
10.36
9.82

12.60
11.38
13.68
7.15

12.11
10.93
13.20
6.60

12.04
10.96
13.10
6.60

12.10
11.02
13.11
6.80

12.00
10.90
13.10
6.85

13.21
12.04
14.19
7.95

12.11
10.99
13.17
6.80

15.90

14.68

14.15

13.38

13.20

16.33

Secondary market

1-year
. . . . .
Treasury constant maturities 4/

20-year
Coupon issues due in 10 years or more (long-term) 5/.
Corporate bonds (Moody's), all industries

See back for footnotes.




.

1

14.26

INTEREST RATES;
(Yields in]percent pe? annum)

G.13(continued)
Dally
1980
May

Federal
fund a

CDs
secondary
market
rr-2'
3-mo

U.S. government securities

Comm.

3-mo

tirtf bills 3/
1-yr
6-mo

< 1-yr

2-yr

Treasury! constant maturities
3-yr
5-yr
7-yr
10-yr

20-yr

30-yr

1

14 07

12.00

12.54

10.36

10.36

10.13

11.11

10 70

10.58

10.72

10.61

10.57

10.73

10.72

2

14 30

11.84

12,45

9.85

9.63

9.38

10.22

10.04

9.99

10.17

10.13

10. 24

10.44

10.47

5

12 28

10.81

10.72

9.66

9.56

9.39

10.23

9.85

9.90

10.08

10.12

10. 18

10.44

10.35

6

11 57

10.96

10.81

9.50

9.12

8.91

9.67

! 9.40

9.41

9.71

9.88

9. 80

10.21

10.23

7

9 89

9.75

9.98

8.98

8.90

8.80

9.54

9.41

9.35

9.85

9.92

9. 96

10.16

10.19

8

10 57

9.23

9.89

8.75

8.80

8.82

9.56

9.48

9.50

9.97

9.93

10, 18

10.34

10.34

9

10 80

9.K :

9.90

8.81

9.05

9.06

9.83

9.85

9.68

10.08

10.26

10, 30

10.45

10.41

12

10.,79

9.44

9.83

8.60

8.80

8.78

9.51

9.52

9.49

9.99

10.15

10.,30

10.50

10.44

13

10,.92

9.48

9.77

8.28

8.56

8.57

9.27

9.38

9.29

9.79

10.05

10.,13

10.43

10.29

14

. 11,,30

9.46

9.66

8.14

8.30

8.50

9.20

9.27

9.29

9.84

10.09

10..14

10.37

10.26

15

11.,15

9.07

9.46

8.61

8.72

8.73

9.45

9.48

9.47

9.97

10.17

10,,31

10.55

10.46

16

11,>42

9.46

9.77

9.04

9.01

9.03

9.79

9.76

9.67

10.09

10.34

10,,37

10.62

10.53

19

10,,92

9.90

10.34

8.89

8.91

8.90

9.65

9.78

9.63

10.20

10.47

10,.53

10.78

10.68

20

10,,20

9.62

9.83

8.29

8.31

8.38

9.07

9.26

9.23

9.89

10.14

10 .22

10.57

10.47

21

8.44

9.12

9.20

8.06

8.28

8.36

9.03

9.14

9.21

9.85

10.05

10.08

10.44

10.31

22

9,.51

8.80

9.13

7.95

8.13

8.23

8.90

9.13

9.22

9.89

9.98

10 .10

10.46

10.34

23

8,.73

8.18

8.65

7.54

7.69

7.84

8.45

8.73

8.85

9.61

9.76

9 .85

10.24

10.09

7.84

8.46

8.82

8.93

9.63

26

A

H

R

K

E
7.65

C

T

7.M

8.26

7.52

* 28

12,.23

8.02

8.37

7.66

7.78

7.94

8.57

9.04

9.11

9.78

29

10 .49

8.25

8.46

7.88

8.02

8.18

8.84

9.16

9.24

9.88

30

11 .06

8.59

8.62

7.75

8.02

8.16

8.83

9.25

9.28

9.87

9,

0

L

.55

27

.

S

E

D

9.80

9 .96

10.24

10.10

9.93

10 .10

10.33

10.22

10.11

10 .24

10.46

10.32

10.09

10 .25

10.46

10.37

1. Average of daily figures except for state and local government and conventional mortgages, which are based on Thursday and Friday figures,
respectively.
2. 7-day average for statement week ended on preceding Wednesday.
3. Quoted on bank-discount basis.
4. Yields on actively traded issues adjusted to constant maturities.
Source: U.S. Treasury.
5. Unweighted average of all issues outstanding of bonds neither due nor callable in less than 10 years, including several very low yielding
"flower" bonds.
6. Contract interest rates on commitments for first mortgages.
Source: FHLMC.
7. Rates on the commercial paper placed for firms whose bond rating is Aa or the equivalent.