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BOARD OF GOVERNORS
OF TIE
FEDERAL RESERVE SYSTEM
R&S MR 653
May 7 , 1940
OPEN-MARKET RATES IN NEW YORK CITY
(Per c e n t p e r annum)
Week ending S a t u r d a y

P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , 4 t o 6 months) ,
B a n k e r s ' a c c e p t a n c e s ( p r i m e , 90 d a y s ) . , ,
Time l o a n s ( S t o c k Exchange, 90 d a y s ) , . . .

May 4
1940

Apr.27
1940

Apr, 6
1940

1/2-5/8
7/16
1 1/4

1/2-5/8
7/16
1 1/4

1/2-5/8
7/16
1 1/4

Rate on S t o c k - e x c h a n g e c a l l l o a n s : \ J
New . . .
...............
Renewal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1,00

i;oo

1.00

i.oo

Average y i e l d on U n i t e d S t a t e s o b l i g a t i o n s :
T r e a s u r y b i l l s (91 d a y s )
Dealersf q u o t a t i o n l /
.
New i s s u e
Treasury n o t e s , 3 to 5 years 1 /
T r e a s u r y b o n d s , 12 y e a r s and over I / ' . . . .

.45
2,25

Average y i e l d on c o r p o r a t e bov.ds:
Aaa
Baa,

4,71

_l/
?/
Z/

2/
........

Averages of d a i l y f i g u r e s
Averages of d a i l y f i g u r e s , week e n d i n g F r i d a y
Rate n e g l i g i b l e




.02
.008

2.82

1,00
1,00

.02

,02
.007
.49
2,28

2.20

2,83
4,75

2,82
4,75

^9