Full text of G.13 Selected Interest Rates : March 8, 1938

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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 515
March 8, 1938

OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Percent per annum)
Week ending Saturday
Mar. 5
1938
Prevailing rate on;
Commercial paper (prime, 4 to 6 months).
Bankers' acceptances (prime, 90 days),,.
Time loans (Stock Exchange, 90 days).*..
Rate on Stock-exchange call loans: l/
New,
Renewal
Average yield on United States obligations
Treasury bills
91 days l/ (dealersT quotation)
New issue 2/
Treasury notes, 3-5 years l/, ....
Treasury bonds l/
Average yield on corporate bonds: zf
Aaa...
Baa

Feb. 26
1938

Feb. 5
1938

Mar. 6
1937

1
7/16
1 1/4

1
7/16
1 1/4

1
7/16
1 1/4

3/4
5/16
1 1/4

1.00
1.00

1,00

1.00

1.00
1.00

1.00
1.00

,07

2.47

,25
.45
1.30
2.33

3.26
6.45

3.24
4.57

2.41

.09
.09
1.05
2.43

3.21
6.23

6.22

.07
.07

1.00

3.22

.08

1.12

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