View original document

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

F

:

W

BEC'D IB FILES SBGTIOH
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

MAY 2 5 1943

R&S MR 831
May 25, I9W
OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Per cent per annum)
vn m
ro

Weekly
May 15,
19U3

P r e v a i l i n g r a t e on:
Commercial paper (prime, ij. t o 6 months)., .
Bankers 1 acceptances (prime, 90 d a y s ) . . •
Time loans (Stack Exchange, 90 days) . . .

5/8
1

-

3A

7/16
iA

Monthly
Mar.
Apr.
1943
1943

5/8 - 3 / 4 5/8 - 3 A 5/8 - 3 / 4

Aft Aft

1 #

6

Rate on Stock-exchange c a l l l o a n s : l/
1.00
1.00

United S t a t e s Government s e c u r i t i e s : \ J
Rate on 3-month Treasury b i l l s
Yield on 9 - t o 12-month c e r t i f i c a t e s

.373

Yield on 3- t o 5 - y e a r Treasury n o t e s , . .
Yield on Treasury bonds, 12 years and o v e r :
P a r t i a l l y tax-exempt bonds

1.00
1.00

.373

1.00
1.00
.373

1.00
1.00
.373

•77
1.34

.80
1.38

.78
1.39

.75
1.33

1.90
2.30
111.7

1.92
2.30
111.4

2.02
2.32

2.08
2.33
109.1

2.65

2.65

2.68

2.70

2.7k
3.91

2.75
3.91

2.76
3.96

2.76
4.01

IO9.9

Average y i e l d on high-grade c o r p o r a t e
1

Average y i e l d on c o r p o r a t e bonds (Moody s ) $ 3 /

l / Averages of d a i l y f i g u r e s . For Treasury b i l l s , average r a t e of
discount on i s s u e s o f f e r e d w i t h i n p e r i o d ,
2/ P r i c e derived from average y i e l d of p a r t i a l l y tax-exempt long-term
i s s u e s on b a s i s of a 2 3/J4 per cent 16-year bond.
2 / Averages of d a i l y f i g u r e s ; weekly f i g u r e s a r e f o r week ending F r i d a y ,