View original document

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

\3JLJ
G.13

F e d e r a l Funds ( E f f e c t i v e r a t e )

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
OPEN MARKET MOIiEY RATES AND BOND PRICES
Weekly
0c h ]
Oct. 8
O c t . 15
O c t . 22
1.000
3.000 " 2.800
2.917

O c t . 29
2.900

3.39
3.13
3.00

3.30
3.11
3.00

4.50

4,50

2.129
2.569

2.489
2.803

2.426
2.845

2.23
2.71
2.99
3.02
3.62
3.93

2.11
2.53
2.85
2.93
3.57
3.90

2.48
2.83
2.86
2.99
3.50
3.82

2.30
2.73
2.92
3.01
3.61
3-91

87.29

87.15

87.58

88.57

87.50

4.29
5.12
3.21

4.31
5.12
3.21

3.38
3.19
3.00

3.38
3.19
3.00

3.30
3.15
3.00

3.18
2.98
3.00

4.50

4.50

4.50

4.50

4.50

Stock Exchange c a l l l o a n s — g o i n g r a t e l /

4.50

4.50

4.50

4.50

4.50

D i s c o u n t r a t e ( F e d e r a l R e s e r v e Bank of New York)

3.00

3.00

3.00

3.00

3.00

•

2.286
2.729

2.473
2.925

2.698
3.079

2.406
2.806

•

2.35
2.82
2.8?
2.99
3.50
3.81

2.40
2.88
2.92
3.05
3.60
3-88

2.54
2.88
2.95
3.07
3.65
3.92

88.74

87.84

4.27
5.05
3.18

4.28
5.09
3.21

Commercial p a p e r ( p r i m e , 4 to 6 m o s . ) l /
F ^ f c i c e paper placed d i r e c t l y (3 t o 6 m o s j l /
B a y e r s 1 a c c e p t a n c e s ( p r i m e , 90 d a y s ) 1 /

3>5
3.19
3.00

Prime Loan Rate (Leading C i t y Banks)

Y i e l d s on Uo S„ Government s e c u r i t i e s l /
Auction average:
3-month b i l l s *
•
6_,month b i l l s
.
Market y i e l d :
3-month b i l l s »
6-month b i l l s
^ ^ ^ - 1 2 month b i l l s
^ f ) t h e r t a x a b l e i s s u e s , 9 t o 12 months . .
Taxable issues, 3 to 5 years . . . . , •
Bonds—Long-term, t a x a b l e 2 / . •
. • ,

»
.
•

P r i c e of l o n g - t e r m T r e a s u r y bonds 3 /
Average y i e l d on c o r p o r a t e bonds (Moody's) l /
Aaa . . . . . . . .
. . . . . .
Baa . . . . . . . . .
. . . . . .
S t a t e and l o c a l Government, Aaa 4 /
l/
2/
3/
4/

'

Monthly
Oct. I960
S e n t . I960

4.300/
5.13s/
3.17

4.25
5.01
3.09

Average of d a i l y f i g u r e s < .
n/ Preliminary
I n c l u d e s a l l b o n d s m a t u r i n g o r c a l l a b l e i n 10 y e a r s o r more*
P r i c e s d e r i v e d f r o m a v e r a g e m a r k e t y i e l d s on b a s i s of an assumed 3 p e r c e n t , 2 0 - y e a r b o n d .
Moody1 s I n v e s t o r S e r v i c e ; monthly and weekly d a t a a r e b a s e d on Thursday f i g u r e s .

GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD



November *2.

4.30 2 /
5-11 £ /
3-20 0 /