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BOARD OP GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
746
October 28, 1D41
.OPE3-M&RKET.RATES IK NEW YORK CITY
(Per cent per annum)
Vfeek ending Saturday

1941

Prevailing rate on:
Commercial paper (prime, 4 to 5 months).
I/2
Bankers1 acceptances (prime, 90 days)... |
7/16
Time loans (Stock Exchange, 90 days) .... j 1 I/4
Rate on Stock-exchange call loans: 1/
: New.

j
i

CO

0

Oct. 2 5
1341

1/2
7/16
1 1/4
i
!
i

1.00
1.00

1.00
1 .00

Sept. 27
1341

Oct. 23
1940

1/2
7/16
1 1/4

1/2-5/8
7/16
1 I/4

1.00
1.00

1.00
1.00

!

United States securities: l/
#
Rate on Treasury bills "if91 days): 2/

•
. 'j j

1
\
.

.06
.024

.06
.067

.38
.65

2.23
112.1

1.90
2.13
111.7

1.94
2.13
111,1

2.61

2.GO

2.64

! '

i

.02

.03
.062

.41
.72

.41
.73

CO

New issue
Yield on Treasury notes,
3 to 5 years:
Tax-exempt notes
Taxable notes
Yield on Treasury bonds, 12 years
and over?
Partially tax-exempt bonds
Taxable bonds 4/.

u

i
i

S

-41

2 .01)
- -

108.9

Average yield on high-grade corporate

Average yield on corporate bonds: 6/
2.73
4.28

2.73
CO

Baa

2.75
4.33

2.70
1
i

|

2.7C

j

4.54

i
1/ Averages of daily figures . For "rem issues of Treasury bills, average discount on
issue offered within week,
2/ Tax-exempt bills prior to ^aroh 1341; taxable bills thereafter.
3 / Negative yield.
4/ On October 20 the number cf issues included increased from 1 to 2, raising tht
average by 0,12 per cent.
5/ Prices derived from average yield of partially tax-exempt long-term issues on
basis of a 2 3/4 per cent, 15-year bond,
jG/ Averages of daily figures, week ending Friday*