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R&S MR 1039
May lli,1957
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
OPEN-MARKET MONEY RATES AND BOND PRICES
4
^odBP^cial papAr (prime, h t o 6 mos.) 1/
~
F i n i t e paper placed directly (3 t o 6 mos.) l /
r s ' acceptances (price, 90 days) 1 /

Weekly
Apr. 6 Apr. 13 Apr. 20 Apr. 27
TZT ~TW 3.63
3-38
3.38
3.38
3.38
3.18
3.25
3.25
3.13

~ Monthly
May b Mar. 1957 •Apr. 1957
3.63
3.63
3-38
3.38
3.27
3.25

b.50

It .50

U.50

It .50

b.50

b.50

3.050
3.03
3.36
3.b2

3-l5b
3.13

3.lb0

3.1*6

3.05b
3.02
3.lib
3.51

3.039

3.1a

3.19b
3.11
3.UU
3.19

3-b3
3.5b

3.35
3.38

. . . .
..

3.22
3.30

3.25
3.32

3.33
3.3b

3.36
3.b0

3.35
3.b2

3.25
3.27

. . . .

91.30
96.25

90.93
95.99

90.06
95.62

89.7b
9b.59

89.89
9b.15

90.88

Average yield on corporate bonds (Moody's) l /
Aaa
. . . . . . . . . . . . .
Baa
State and local Government, Aaa 2/ • • • . . .

b.b2
2.8b

3.66

3.66
b.b2
2.8b

3.67
b.bb
2.87

3.69
b.b5

3.71
b.b8
2.97

Stock Exchange c a l l loans - going rate 1/
Yields on U. S. Government securities
B i l l s , 3 months, new issues
.
.
B i l l s , 3 months, market yield .
Taxable issues, 9 t o 12 months . .
Taxable issues, 3 t o 5 years. . . .
Bonds - long-term, taxable:
Old series
..
..
.
. . .
New series*
..
.
. . . .
.
Pri^e of long-term Treasury bonds:
series
New series*
. . . .
. . .
..

1/
. . . . .
. . . . .
. . . . .
. .

.

2.96

3.00

1 / Average of daily f i g u r e s .
2 / Moody's Investor Service; monthly and weekly data are based on Thursday f i g u r e s .
* 3 - l A per cent bond of 1978-83 and beginning February 1, 1955, 3 per cent bond of February 1995.
GOVERNMENT FINANCE SECTION, BOARD OF GOVERNORS




3.08

96.88

3.66

b.b7
2.88