View original document

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

G. 1 3

BOARD CF GOVERNORS CF THE FEDERAL RESERVE SYSTH-i
OPEN MARIIET MONEY RATES AKD BOND PRICES
Oct. 3

3.800

Revised

O c t . 101 O c t . 17 " 0 c t T ~ 2 l t

Monthly
Oct. 31 S e p t . 1 9 5 9 O c t . 1959
it.000

it. 00

3.938

3.950

it. 75
clt.73
It. 25

it.75
it.88
it. 25

it. 75
it. 81
it. 25

it.75
it.63
it. 25

it.68
it.it3
it. 25

Prime Loan R a t e (Leading C i t y Banks)

5.00

5.oo

5.oo

5.00

5.00

Stock Exchange c a l l l o a n s — g o i n g r a t e 1 /

It.75

it. 75

it. 75

it. 75

it.75

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 Mew York)

It. 00

I? .00

it. 00

Loo

it. 00

It. 007
it.678

h.666

it. 262

1.099
it.it90

it. 022

c3.998
c it. 626

it. 117
it.6it6

h.2h

1.95
It. 88
It. 82
It. 21

it. 02
it. 59
it. 69
it. 75
it. 76
it. lit

it. 65
it. 82
it.77
U.72
it. 13

3.99
it.it5
it.66
it.53
it.58
it.06

it. 00
it. 37
it.5it
it.it7
it.65
it. 09

it.Oit
it. 70
it. 83
it. 80
it.78
it. 26

it. 05
it.53
U.69
it.65
ii.69
it.11

r83.80

8U.56

8U.76

85.53

85.21

83.15

8it. 95

it. 57
5.26
3.6U

it.57

it.56
5.29
3.58

it.56
5.28
3.53

it.56

ii.52

p/it.57
p/5.28
p/3.57

F e d e r a l Funds ( E f f e c t i v e r a t e )
C d j ^ f c r c i a l p a p e r (prime, It t o 6 mos.) l /
FiSince
F inane paper placed directly (3 t o 6 mos.) l/
Bankers' acceptances (prime, 90 days) l/

Y i e l d s on U . S . Government s e c u r i t i e s l /
Auction a v e r a g e :
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 bills .
^ ^ - 1 2 month b i l l s
O t h e r t a x a b l e i s s u e s , 9 t o 12 months
Taxable i s s u e s , 3 t o 5 y e a r s . . .
Bonds—long-term, t a x a b l e 2 /

19U
895
L.10

U.80
. . .

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 h /

. .

5.28
3.61

c
Corrected.
r Revised.
g/~Preliminary.
1 / Average of d a i l y f i g u r e s .
2 / I n c l u d e s a l l bonds m a t u r i n g or c a l l a b l e i n 10 y e a r s o r more.
3 / P r i c e s d e r i v e d f r o m a v e r a g e market 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 bond.
5 / Moody'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 based on Thursday f i g u r e s .
GC7ERMMEKT FITAKCE S5CTI0H. B^APJD CF GOWfOT'S



h.h99

5.26
3.it9

it. 63
it. 52
it.07

it.73
it. 70
it. 25

ii.75

it.75

5.18
3.60

November it, 1959