Full text of G.13 Selected Interest Rates : March 15, 1938
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• # # # BOARD OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM R&S MR 516 March 15, 1938 OPEN-MARKET MOl^Y RATES IN NEP/; YORK CITY (Percent per annum) Yfeek ending Saturday Mar. 12 1938 P r e v a i l i n g r a t e on: Commercial paper (prime, 4 t o 6 m o n t h s ) . . Bankers 1 a c c e p t a n c e s (prime, 90 d a y s ) . . . . Time loans (Stock Exchange, 90 d a y s ) . . . . . Ifar. 5 1938 Feb. 12 1938 3/4-1 7/16 1 1/4 1 7/16 1 1/4 1 7/16 1 1/4 Rate on Stock-exchange c a l l l o a n s : l / New,............ ....... Renewal. . 1.00 1.00 1.00 1.00 1.00 1.00 Average y i e l d on United S t a t e s o b l i g a t i o n s : Treasury b i l l s 91 days if ( d e a l e r s * q u o t a t i o n ) . . . . . . . . Kew i s s u e 2 / Treasury n o t e s , 3-5 y e a r s l / . Treasury bonds if* .07 .07 .98 2.42 .07 .07 1.00 .08 .08 2.41 1.13 2.47 Average y i e l d on c o r p o r a t e bonds: of Aaa.. Baa. 3.23 6.42 3.21 6.23 3.24 6.38 i f Averages of d a i l y f i g u r e s , Zf Rates shown f o r 1938 a r e on 91-day b i l l s j t h a t f o r 1937 i s on 273-day b i l l s . 3 / Averages of d a i l y f i g u r e s , week ending F r i d a y .