Full text of G.13 Selected Interest Rates : May 18, 1938
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BOARD OF GOVERNORS OF TEE FEDERAL RESERVE SYSTEM R&S MR 527 May 18, 1938 OPEN-MARKET MONEY RATES IN NEW YORK CITY (Percent per annum) Week ending Saturday May 14 1938 Prevailing rate on: Commercial paper (prime, 4 to 6 months) . Bankers1 acceptances (prime, 90 days).., Time loans (Stock Exchange, 90 days)..., Rate on Stock-exchange call loans: l/ New #..........a.................T...... Renewal.............................. May 7 1938 Apr. 1'6 1938 May 15 1937 3/4-1 7/16 1 1/4 3/4-1 7/16 1 1/4 3/4-1 7/16 1 1/4 1 9/16 1 1/4 1.00 1.00 1.00 1,00 1.00 1.00 1.00 .06 .06 .13 .06 1.01 2.48 .42 .69 1.48 2.67 3.37 6,99 3.34 4.83 Average yield on United States obligations: Treasury bills 91 days l/ (dealers1 quotation)....... New i s sue 2/ . ...... # ...... Treasury notes, 3-5 years l/.. ... Treasury bonds l/ 7 .03 .79 2.30 2.31 Average yield on corporate bonds: 3/ A a a . . . . . . . . . . . . . . . Baa. .................. 3.28 6.44 3,30 6.78 .03 .82 1.00 l/ Averages of daily figures. "5/ Rates shown for 1938 are on 91-day bills; that for 1937 is on 2 73-day bills. 3 / Averages of daily figures, week ending Friday.