Full text of G.13 Selected Interest Rates : May 2, 1940

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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 652
May 2, 1940
OPEN-MARKET RATES IN NEW YORK CITY
(Per c e n t per annum)
1939

1940
Apr,
P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 t o 6 months) . . , ,

Rate on Stock-exchange c a l l l o a n s :

l/

Renewa1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Average y i e l d on United S t a t e s o b l i g a t i o n s :
Treasury b i l l s (91 days)
N ew issue ,

•..,.#•• .. • • •»»«••..•••••«•••

Average y i e l d on c o r p o r a t e bonds:

r/
l/
2/

Revised
Averages of d a i l y f i g u r e s
Rate n e g a t i v e




\J

Mar,,

Feb,

Apr.

1/2-5/8
7/l 6
1 1/4

1/2-5/8
7/l 6
1 l/4

1/2-5/8
7/l6
1 1/4

1/2-5/8
7/l 6
1 1/4

1,00
1,00

1,00
1,00

1.00
1.00

1.00
1.00

,02
.004
,46
2.32

.03
,019
.50
2,30

2,86
4.83

3.02
5 .15

1

*02
,003
,45
2.25

2.25

2,82
4 + 74

2,94
r/4,80