Full text of G.13 Selected Interest Rates : May 6, 1960

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

G. 13

Federal Funds (Effective rate)

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
OPEN MARKET MONEY RATES aND BOND PRICES
Weekly
Apr. 2
Apr. 9
Apr. 16 -H-nr. 23
3.800
3.900
3.950
3.750

Monthly
Apr. 30 iMar. I960 •ftpr. I960
3:900—

CoiH^rcial paper (prime, 4 to 6raos.)l/
Fi^Jbe paper placed directly (3 to 6raos.)l/
Bankers' acceptances (prime, 90 days) l/

4.13
3.58
3.63

4.05
3.50
3-63

4.09
3.78
3.94

4.25
3.88
4.00

4.25
3.88
4.00

Prime Loan Rate (Leading City Banks)

5.00

5.00

5.00

5.00

5.00

Stock Exchange call loans—going rate l/

5.50

5.50

5.50

5.50

5.50

Discount rate (Federal Reserve Bank of New York)

4.00

4.00

4.00

4.00

4.00

2.792
3.187

2.731
2.92?

3.622
3.854

3-306
3.705

2.88
3.21
3.32
3.69
4.11
4.07

2.96
3.18
3.30
3.57
4.06
4.10

3.56
3.86
3.91
4.23
4.25
4.18

85.48

85.06

4.45
5.18
3.28

4.44
5.17
3.28

Yields on U. S. Government securities 1/
Auction average:
Market yield:

Price of long-term Treasury bonds 3/

.

Average yield on corporate bonds (Moody's) l/
Aaa
. . . . . . . .....
Baa . . . . . . . . . . . . . . . . . . . . . . .
State and local Government, Aaa 4/

4.49
4.16
3.96

4.16
3.74
3.88

5.50

5.50

3.317
3.705

3.439
3.693

3.244
3.548

3.34
3.73
4.17
4.17
4.32
4.21

3.19
3.58
4.08
4.14
4.34
4.20

3.31
3.61
3.68
3.93
4.24
4.08

3.23
3.55
3.83
3-99
4.23
4.17

84.08

83.70

83.87

85.32

84.24

4.45
5.18
3.29

4.45
5.21
3-29

4.46
5.23
3.34

4.49
,5.25
2/3.34

n/4.45
2/5.19
2/3.30

l/ Average of daily figures,
2/ Includes all bonds maturing or callable in 10 years or more.
3.1 Prices derived from average market yields on basis of an assumed 3 per cent, 20-year bond.
4/ Moody's Investor Service; monthly and weekly data are based on Thursday figures.
GOVERNMENT FINANCE SECTIONf FEDERaL RESERVE BOARD



I960