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%

REC'D Bi FILES SECTION
MAR 3

-1943

B Q A R r OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 819
March 2, 1 * 3
OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Per cent per annum)
Weekly
Feb. 27,
Feb. 20,

1943
Prevailing rate on:
Commercial paper (prime, i; to 6 months). .
Bankers1 acceptances (prime, 90 days), . .
Time loans (Stock Exchange, 9° days) . , .
Rate on Stock-exchange call loans: l/
New. .
. . . . . . . . .
Renewal
•
United States securities: \J
Rate on 3-month Treasury bills . . . . . .
Yield on 9- to 12-month certificates
of indebtedness . . . . . . . . . . . .
Yield on 3- to 5-year Treasury notes • . .
Yield on Treasury bonds, 12 years and over:
Partially tax-exempt bonds• s
Taxable bonds , , . • f
. .
Price of Treasury bonds 2/ .

1943

Monthly
Feb.
Jan.
1943
1943

5/8 - 3 A 5 / 8 - 3A 5/8 - 3 A 5 / 8 - 3 A
7/16
7/16
7/16
1 i/4
1 1A
i % 6
1 iA
1.00
1.00
,369

1.00
1.00
.374

1.00
1.00
.372

1.00
1.00
.367

.73
1.25

.72
1.25

• 73
1.24

.76
1.29

2.05
2,32
109,5

2,06
2.32
109.4

2.06
2.32
109.4

2,06
2.32
109.4

Average yield on high-grade corporate
bonds (Treasury series) l/, .

2.68

2.68

2.68

2.70

Average yield on corporate bonds
(Moody*s): 3/
Aaa
Baa. . .

2.77
4.06

2.77
4.07

2.77
4.08

4.16

2.79

1 / Averages of daily figures. For Treasury bills, average rate
of discount on issues offered within period.
2/ Price derived from average yield of partially tax-exempt longterm issues on basis of a 2 3/4 per cent, 16-year bond,
3/ Averages of daily figures; weekly figures are for week ondinr
Friday.