Full text of G.13 Selected Interest Rates : March 9, 1960

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

G, 13

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
OPEN MARKET MONEY RaTES AND BOND PRICES
Jan. 30
3.950

Feb. 6
4.000

Weekly
Feb., 13
3.938

Feb. 20
4.000

Commercial paper (prime, 4 to 6 mos.) 1/
Fiiefce paper placed directly (3 to 6 mos.) 1/
BaracCTS* acceptances (prime, 90 days) l/

4,80
4.90
4.78

4.75
4.75
4.63

4.56
4J8
4.38

4.53
4.35
4.38

4.75
4.50
4.38

Prime Loan Rate (Leading City Banks)

5.00

5.00

5.00

5.00

5.00

Stock Exchange call loans—going rate 1 /

5.50

5.50

5.50

5.50

5.50

Discount rate (Federal Reserve Bank of New York)

4.00

4.00

4,00

4.00

4.00

4.116
4.608

4.039
4.501

3.563
4.094

4.045
4.294

4.01
4,49
4.76
4.75
4.80
4.36

3.94
4.42
4.56
4.61
4.69
4.29

3.67
4.08
4.41
4.41
4.61
4.20

81.95

82.82

4.61
5.36
3.47

4.60
5.36
3.43

Federal Funds (Effective rate)

Yields on D. S. Government securities l/
Auction average:
3-month bills . . . . . . . . . . . . . . . .
6-month bills . . . . . . . . . . . . . . . .
Market yield:
3-month bills
........
6-month bills
. . . . . . . . . .
12 month bills . . . . . . . . . . . . .
• her taxable issues, 9 to 12 months . . • .
Taxable issues, 3 to 5 years . . . . . . . .
Bonds—Long-term, taxable Zj . . . . . . .
Price of long-term Treasury bonds 3/
Average yield on corporate bonds (Moody's) l/
Aaa . . . . . . . . . . . . . . . . . . . .
State and local Government, Aaa 4/

4.91
5.0.2
4.78

4.65
4.50
4.44

5.42

5.50

4.168
4.396

4.436
4.840

3.954
4.321

4.04
4.30
4.41
4.63
4.64
4.16

4.14
4.34
4.39
4.63
4.70
4.22

4.35
4.74
4.95
4.93
4.87
4.37

3.96
4.30
4.45
4.58
4.66
4.22

83.81

84.31

83.60

81.81

83.60

4.57
5.36
3.38

4.54
5.33
3.38

4.54
5.31
3.39

4.61
5.34
3.49

2/4.56
£Z5.34
5/3.40

[ t»' Preliminary.
i' Average of daily figures.
s
Includes all bonds maturing or callable in 10 years or more.
13/ Prices derived from average market yields on basis of an assumed 3 per cent, 20-year bond.
- 4/ Moody's Investor Service; monthly and weekly data are based on Thursday figures.
' ICVERNMEMT FIMaNCE SECTION. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM



Monthly
Feb. 27 Jan. I960 Feb. I960
3.813

% FiTt
March 9', ,1960