View original document

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

%
a

@

cr:

R&S MR 1056
Bct5Ferâ„¢37"S58

BOARD OF GOVERNORS OF THE FEDERAL RFSEH7E SYSTEM
OPEN MARK3T HOKE? RATES AND BOND PRICES

^

UJ ho

Aug. 30

~S

Funds (I ffective Rate)

Sept.

Weekly
S~ Sept. 13

Sept. 20

Monthly
Sept. 27 Aug.l9$f Sept.1958-

1.650

1.625

1.700

1.525

1.875

2.63

2.88

2.88

2.90
2.U1

3.00

1.96

2.38
2.25

2.it5

2.56
2.50

1.65

Commercial paper (prime, U to 6 mos.) 1/
Commgrc?:
Finance paper placed directly (3 to 6 mos.) l/
Bankers' acceptances (prime, 90 days) 1/

1.88
2.13

2.38
2.25

Prime Loan Rate (Leading City Banks)

3.50

3.50

it. CO*

It.00

It. 0 0

Stock Exchange call loans - going rate l/

3.50

3.50

3.55

3.75

3.75

Discount rate (Federal Reserve Bank of New York)

1.75

1.75

2.00*

2.00

2.00

2.162

2.359
2.37
3.56
3.75

2.605
2.15
2.83
3.55
3.76

2.511
2.2t8
2.85
3.56
3.7U

89.19

89.38

Yields on U. S. Government securities l/
Bills, 3 months, new issues . . . . . . . . . .
Bills, 3 months, market yield
.
Taxable issues, 9 to 12 months . . . . . . . .
ible issues, 3 to 5 years . . . . . . . .
Ids - long-term, taxable 2/ . . . . . . . . .

B

Price of long-term Treasury bonds 2j
Average yield on corporate bonds (Moody's) l/
Aaa . . . . . . . . . . . . . .
Baa . . . . . . .
. . . . . . . .
State and local Government, Aaa 3/

2.162
3.Mi
3.67

2.32
2.76
3.56
3.72

90.5U

89.91

3.91
h.7b

It. 8 0

2.23

2.62

3.22

1.03
3.29

2.81

It. 07
It. 86
3.31

N . A . N o t available.
1f Average of daily figures.
2/ Includes all bonds maturing or callable in 10 years or more.
3/ Moody's Investor Service; monthly and weekly data are based on Thursday figures.
* Rate charge effective September 12, 1958.
3CTER:EEI*T FH:;JTCS s a r i c r ,



EO/JC OF GCTE^PCFS

It. 1 0
It. 8 3

3.28

1.52

3.5o

1.686
1.69
2.lit

3.11

3.60

89.59

91.51

It.ll

3.85
It.6?
3.07

it. 90
3.2U