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FEDERAL

RESERVE

s t a l l

s t i c o

I

< # W q i H 6 C 0 R D S SECTION

NOV 9

M1RBS
OG.13

&

-CD-

Average of D a i l y F i g u r e s 1/

—1 F e K r a l Funds ( E f f e c t i v e Rate)* . . . .
p
<L>^ranercial paper (prime, 4 t o 6 mos.) ,
U f a n c e paper placed d i r e c t l y (3 t o 6 mos
Bankers Acceptances (prime, 90 days) .

Open Market Money Rates and Bond P r i c e s
Weekly
Oct. 1 1 Oct. 8 | Oct. 15
5 •86
4.50
5.50

6.00

6.00

6.00

6.00

5.75
5.75

5.75
5.75

5.88
5.75

Prime Loan Rate (Leading City Banks). .

6.00

6.00

6.00

6.00

6.00

Stock Exchange c a l l l o a n s - - g o i n g r a t e .

6.25

6.25

6.25

6.25

6.25

Discount r a t e ( F e d e r a l Reserve Bank of New York)

4.50

4.50

4.50

4.50

4.50

Y i e l d s on U. S. Government.Securities
Auction a v e r a g e :
3-month b i l l s
6-month b i l l s

5.503
5.804

5.408
5.673

5.471
5.750

5.424
5.651

5.39
5.69
5.79

5.36
5.65
5.63

5.44
5.71
5.56

^^^fcarket y i e l d :
Other 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/ . , • . . ,

5.74
5.49
4. 76

5.61
5.39
4.75

P r i c e of long-term T r e a s u r y bonds 3 / . . . .

77.46

Average y i e l d on c o r p o r a t e bonds (Moody's)
Aaa
Baa . . . . . . . . . . . .
«

5.47

Market y i e l d : * *
3-month b i l l s
6-month b i l l s
1-year b i l l s

S t a t e and Local Government Aaa (Moody's).

I*

6.08

3.88

6.00

5.89
5.67
5.75

5.82
5.72

6.25

6.25

5.246
5.536

5.356
5.798

5.387
5.652

5.36
5.60
5.48

5.22
5.53
5.44

5.36
5.79
5.80

5.33
5.61
5.52

5.59
5.42
4.76

5.58
5.37
4.71

5.53
5.36
4.62

5.80
5.62
4. 79

5.57
5.38
4.70

77.53

77.49

78.03

78.96

77.15

78.07

5.44

5.43

5.40

5.37

6.11

5.49
6.09

5.41

3.86

3.86

3.83

3.75

3.93

3.82

6.08

6.10

6.11

5.88
5.65

Average of d a i l y f i g u r e s except s t a t e and l o c a l governments, which a r e based on Thursday f i g u r e
I n c l u d e s a l l bonds maturing or c a l l a b l e i n 10 y e a r s or more.
P r i c e s d e r i v e d from average market y i e l d s on t h e b a s i s of an assumed 3 per c e n t , 20-year bond.
D a i l y a v e r a g e s a r e based on number of c a l e n d a r days i n p e r i o d .
**
B i l k a r e quoted on bank d i s c o u n t b a s i s
November 7, 1966
GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD




"Muu LillySept.
Oct.
5.40
5.53

Oct. 22 I Oct. 29
5.64
5.04

5.95
5.75
5.75

1966

%

6.10