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BOAlir OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&E MR 399
May 12, 1936
OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Percent per annum)

Y/eek ending
May 9
1936
Prevailing rate on;
Commercial paper (prime,
4 to 6 months)
3/4
Bankers' acceptances (prime,
90 days)
1/8
Time loans (Stock Exchange,
90 days)
1

May 2
1956

April 11
1936

May 11
1955

5/4

3/4

3/4

1/8

1/8

1/8

1

1

1/4

Average rate on Stock-exchange
call loans:
Renewal..
Average yield on United States
obligations:
Treasury bills,273-days 1/
Treasury notes, 3-5 years,
(6 issues)....
Treasury bonds, (10
issues) 2/ ..

.75
.75

.75
.75

.75
.75

.25
.25

.19

.13

-10

.14

1.11

1.10

1.07

1.15

2.51

2.51

2.50

2.60

1/ Average rate of discount on issues offered within week.
2/ Wednesday figures.