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FEDERAL
G.13

W

RESERVE

statistical

release

OPEN MARKET MONEY RATES AND BOND PRICES

Averages of Daily Figures 1/

Finance paper placed directly (3 to 6 mos.) . . . .
Bankers' Acceptances (prime, 90 days) . . . . . . .
Prime Loan (Leading City Banks) . . . .

. . . . . .

Weekly
Oct. 21 :Oct. 28
5.01
4.91

Monthly
Oct.
Sept.
4.87
5.04

Oct. 7
515

Oct. 14
5.09

5.28
5.00
4.95

5.31
5.13
5.00

5.33
5.13
5.10

5.31
5.19
5.13

4/

4/

4/

4/

6/

- -

5.25

5.70

- -

- -

Nov. 4
5.06
5.25
5.23
5.10

5.13
4.91
4.84

5.30
5.13
5.05
—

Stock Exchange call loans—going rate . . . . . . .

5.55

5.75

5.75

5.75

5.75

Discount rate (Federal Reserve Bank of New York). .

4.50

4.50

4.50

4.50

4.50

4.601
5.082

4.743
5.159

4.818
5.127

4.712
5.105

4.767
5.141

4.651
5.086

4.719
5.118

4.66
5.16
5.46

4.79
5.16
5.39

4.78
5.12
5.38

4.73
5.10
5.34

4.74
5.08
5.27

4.66
5.13
5.44

4.74
5.13
5.39

5.51
6.11
5.73

5.42
6.10
5.71

5.43
6.11
5.70

5.30
6.10
5.65

5.25
6.10
5.59

5.49
6.16
5.70

5.41
6.11
5.69

Price of Long-Term Treasury bonds 3/. . . . . . . .

67.73

67.98

68.02

68.47

69.04

68.06

68.09

Average yields on corporate bonds (Moody's) . . . .

7.60
7.23
8.08

7.59
7.22
8.07

7.59
7.21
8.06

7.58
7.19
8.05

7.57
7.18
8.04

7.59
7.22
8.09

7.21
8.06
5.03

5.05

5.00

5.05

5.00

4.90

5.12

5.03

Yields on U.S. Government Securities
Auction average:

Market yield:**
6-month bills
r Market yield:
Bonds—Long-term taxable 2/

2J
3/
4/

Includes all bonds maturing or callable in 10 years or more.
Prices derived from average market yields on the basis of an assumed 3 per cent, 20-year bond.
Effective October 2, 5-1/2—5-3/4—Oct. 11, 5-3/4; Oct. 16; 5-3/4—5-7/8

* Daily averages are based on number of calendar days in period. **Bills quoted on bank discount basis. These
series now include the new bill issue the day following the auction as trading begins on a when-issued basis.
Digitized forGOVERNMENT
FRASER
FINANCE SECTION, FEDERAL RESERVE BOARD
November 20, 1972