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V.O* GOVf •

FEDERAL

RESERVE

statistical

release

(III
• :<4i RE^ •
OPEN MARKET MONEY RATES AND BOND PRICES

G. 13

Sept. 1 Sept. 8
10:79" 10.79

Average of Daily Figures 1/

Monthly
Weekly
Sept. 15 Sept. 22 Sept. 29 Aug. Sept.
10.50 10.78
10.84
10.80
10.74

10.38
9.09
10.25

10.48
9.00
10.35

10.45
9.00
10.43

9.65
8.60
9.75

9.75

9.75

9.75

10.00

10.00

. . . . . .

9.75

9.93

10.00

10.00

10.20

Discount rate (Federal Reserve Bank of New York) .

7.50

7.50

7.50

7.50

7.50

8.668
8.577

8.778
8.735

9.016
8.921

8.786
8.832

7.331
7.661

8.672
8.700

8.478
8.537

8.62
8.58
8.22

8.80
8.75
8.19

8.94
8.97
8.45

8.38
8.52
8.10

7.13
7.63
7.57

8.67
8.65
8.32

8.29
8.45
8.07

8.53
7.35
6.62

8.51
7.27
6.45

8.78
7.45
6.52

8.59
7.10
6.43

7.90
6.85
6.28

8.82
7.75
6.81

8.44
7.16
6.42

60.17

61.52

61.00

61.70

62.97

58.71

61.81

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

8.12
7.73
8.67

8.09
7.64
8.66

8.06
7.63
8.64

8.07
7.65
8.64

8.02
7.60
8.56

8.04
7.68
8.53

8.06
7.63
8.63

State and Local Government Aaa (Moody's) . . . . .

5.10

5.00

5.00

4.90

4.70

5.26

4.90

Bankers 1 Acceptances (prime, 90 days). . . . . . .
Prime Loan (Large-Business Prime Rate)
Stock Exchange call loans--going rate

Yield on U.S. Government Securities
Auction average:

Market Yield:**

Market yield:

Price of Long-Term Treasury bonds 3/ .

2f Includes all bonds maturing
3/ Prices derived from average
* 7-day average for statement

GOVERNMENT FINANCE SECTION,



10.21
8.90
10.18

10.23
8.90
10.19

10.45
9.00
10.25

Commercial paper (prime, 4 to 6 mos.)

- -

9.41
—

10.04
- -

or callable in 10 years or more.
market yields on the basis of an assumed 3 per cent, 20-year bond.
week ended on preceding Wednesday.
** Bills quoted on bank discount basis.
FEDERAL RESERVE BOARD
October 15, 1973