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R&S MR 1037
March T 2 7 - T 9 5 7

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
OPEN-MARKET MOIEI RATBS AKD BOND PRICES

#
Gonnarclal paper (prime, It t o 6 mos.) 1 /
Finance paper placed DIRECTLY ( 3 t o 6 B O S . )
Ban loirs' acceptances (prime, 90 days) 1 /

|Feb. 2
1/

Weekly
Monthly
Feb. 9!Feo. 16 IFeb. 23 | Mar. 2 Jan. 1957 IFeb. 1957"

3.63
3.33
3.38

3-63
3.38
3.38

3.63
3.38
3.38

3.63
3.38
3.38

3.63
3.38
3.38

3.63
3.33
3.38

3.63
3.38
3.38

it . 5 0
U.38

U.50
U.38

U.50
U.38

it . 5 0
It . 3 8

it.50
U.38

U.50
U.38

U.50
U.38

3.283
3.16
3.11
3.3b

3.132
3.05
3.15
3.27

3.057
3.01
3.29

3.192
3-15
3.29
3.36

3.288
3.25
3.29
3.38

3.210
3.11
3.17
3.U0

3.165
3.11
3-23
3.33

3.20
3.29

3.15
3.22

3.15
3.26

3.2lt
3.29

3.27
3.28

3.33
3.37

3.20
3.26

91.U9
96.59

92.05
97.78

92.10
97.08

91.03
96.60

90.72
96.8U

89.96
95 .lU

91.51
97.08

3.72
U.U8
2.87

h.hd

3.69

3.67
U.U7
2.76

3.66
U.U6
2.76

3.66
U.U7
2.83

3.77
U.U9
2.99

3.67
U.U7
2.79

Rate on Stock Exchange c a l l loans: l /

Yields on U. S . Government s e c u r i t i e s 1 /

Bonds - long-term, taxable:

Price of long-term Treasury bonds:

3.2h

Average y i e l d on corporate bonds (Moody's) l /
2.81

i
"T? Average of d a i l y f i g u r e s .
~
2 / Moody's Investor Service; monthly and weekly d a t a are based on Thursday f i g u r e s ,
*
3-1/ii per cent bond of 1978-83 and beginning February 1, 195#, 3 per cent bond of February 199$ •
GOVERNISKT FINANCE SECTION, BO/iRO OF GO^lSiORS



March 12, 1957