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BOARD OP GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S I*R 688
November 2C, 1940
OPEN-LIARKET RATES IN NEW YORK CITY
( P e r c e n t per 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 p a p e r ( 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 (Stock Exchange, 90 d a y s ) , . . . .
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 ,

*

Nov, 23
1940

Nov , 16
1940

O c t , 26
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

1.00

1.00
1.00

1.00

.02

.02

1,00

1.00

Average y i e l d on United 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 )
Dealers1 quotation l /
.02
New i s s u e ## • • # # p • •»»•# •»f •
• . * * • •»• # .004
Treasury n o t e s , 3 t o 5 y e a r s l /
.32
T r e a s u r y b o n d s , 12 y e a r s and over l / , , , , .
1.94

,003
.32
1.96

741
2,09

Average y i e l d on c o r p o r a t e b o n d s :
Aaa , • • . .
Baa

2.76
4.47

2.78
4,54

Jl/
2/
3J

2/
2.74
4.47

A v e r a f p y of d a i l y f i g u r e s ,
A v e r a g e of d a i l y f i g u r e s , week ending F r i d a y ,
Rate n r ^ t i v e .




Nov. 25
1939