Full text of G.13 Selected Interest Rates : October 4, 1977

View original document

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

g&,

FEDERAL

H e c o i b h

statistical

RESERVE

SELECTED INTEREST RATES AND BOND PRICES
(Yields in per cent per annua)!/

C.13 •?

Instrument#

Sept. 3
6.02
Commercial paper (prime, 90 to 119 days)
5.88
Commercial paper (prime, 4 to 6 mos.) . . . . . .
6.00
Finance paper placed directly (3 to 6 mos.) . . .
5.88
Bankers* acceptances (prime, 90 days) . . . . . .
5.93
Prime loan (large business prime rate-majority) .
7.00
Discount rate (Federal Reserve Bank of Hew York).
5.75
Yields on U.S. Government securities 3/
Auction Average (Issue date):
5.574
'
5.849

Sept. 10
5.97
5.89
5.99
5.88
5.98
7.00
5.75

tteeklv
Sept. 17
6.05
6.13
6.19
6.05
6.19
7.25*
5.75

20-year
Coupon issues due in:

5/

release

For Immediate Release
October 4, 1977

Sept. 24
6.10
6.15
6.22
6.13
6.22
7.25
5.75

Oct. 1
6.35
6.25
6.30
6.13
6.30
7.25
5.75

Hon thly
Aug.
Sept.
5.90
6.14
5.75
6.09
5.84
6.17
5.71
6.04
5.88
6.16
6.83
7.13
r5.27
5.75 -

5.554
5.845

5.887
6.098

5.851
5.976
6.156

5.982
6.185

5.500
5.810

5.770
5.991

5.56
5.86
5.98

5.65
5.93
6.04

5.86
6.05
6.14

5.90
6.06
6.15

5.89
6.16
6.21

5.49
5.83
5.97

5.81
6.04
6.13

6.35
6.56
6.72
6.93
7.11
7.27
7.52
7.59

6.41 6.59
6.75
6.98
7.15
7.29
7.52
7.60

6.57
6.73
6.84
7.05
7.22
7.35
7.57
7.64

6.55
6.76
6.86
7.06
7.22
7.36
7.59
7.66

6.63
6.82
6.94
7.10
7.26
7.40
7.61
7.68

6.37
6.61
6.79
7.03
7.24
7.40
7.64
7.68

6.53
6.71
6.84
7.04
7.21
7.34
7.57
7.64

Market Yields:
1-year bill
. . . . . . . . . . . . . . .
Treasury constant maturities 4/
1-year
. . . . . .

% - m £ -

:

6.35
6.41
6.59
6.52
6.64
6.35
6.53
6.84
6.86
6.93
6.93
6.98
6.90
6.92
10 years or more (long-term) 6/. . .
6.90
6.90
6.94
6,95
6.97
r7.00** 6.94
Price of long-term Treasury bonds 6/7/ » . . . . 58.00
58.05
57.75
57.68
57.54
r57.30**''57.77
Average yields on corporate bonds (Moody's). . .
8.30
8.31
8.29
8.30
8.34
8.34
8,31
7.92
7.90
7.89
7.92
7.96
7.98
7.92
Baa
8.80
8.78
8.79
8.79
8.82
8.80
8.82
State and local government Aaa (Moody's). . .
5.27
5.24
5.28
5.27
5.27
5.28
5.27
1/ Average of daily figures except for state and local government, which are based on Thursday figures. 2/ 7-day
average for statement week ended on preceding Wednesday. 3/ Bills quoted on bank discount basis. 4/ Yields on
actively traded issues adjusted to constant maturities. Source: U.S. Treasury Department. 5/ Unweighted average
of all issues outstanding. 6/ Bonds neither due nor callable in less than 10 years. 7/ Derived from "long-term"
yields above on the basis of an assumed 20-year bond with a 3 per cent coupon. * As of September 16. ** Revisions for weeks ending August 19 and 26: 7.03 and 6.95, resp. See reverse side for corresponding revisions in
daily numbers. *** Revisions for weeks ending August 19 and 26: 57.07 and 57.63, resp.




INTEREST RATES
(Yields in per cent per annum)

G.13 continued
October 4, 1977

Daily
September
1977

Federal
funds

Comm.
paper
90-119 3-mo 6-mo 1-yr
days
bill bill bill

7.53
7.51

7.61
7.58

6.86
6.83

6.91
6.89

0 S
5.97
5.99
6.00
6.20

E D
6.33
6.35
6.37
6.59

6.52
6.54
6.54
6.76

6.68
6.70
6.72
6.88

6.90
6.95
6.96
7.09

7.08
7.12
7.14
7.26

7.24
7.26
7.28
7.36

7.50
7.50
7.51
7.58

7.57
7.59
7.60
7.65

6.80
6.83
6.83
6.97

6.87
6.88
6.89
6.95

6.08
6.10
6.05
6.05
5.99

6.20
6.18
6.13
6.13
6.07

6.62
6.60
6.57
6.55
6.49

6.78
6.75
6.74
6.70
6.68

6.88
6.84
6.83
6.82
6.81

7.10
7.06
7.05
7.04
7.02

7.25
7.24
7.21
7.20
7.18

7.38
7.37
7.34
7.33
7.32

7.59
7.58
7.56
7.56
7.56

7.66
7.66
7.63
7.63
7.63

6.98
6.95
6.93
6.91
6.90

6.95
6.95
6.93
6.93
6.93

5.86
5.87
5.87
5.96
5.95

5.98
6.02
6.03
6.15
6.12

6.06
6.12
6.13
6.23
6.20

6.46
6.51
6.52
6.63
6.62

6.66
6.70
6.71
6.85
6.86

6.80
6.82
6.84
6.92
6.94

7.02
7.04
7.05
7.08
7.09

7.17
7.20
7.21
7.25
7.26

7.32
7.36
7.36
7.39
7.39

7.55
7.58
7.58
7.61
7.62

7.63
7.65
7.66
7.67
7.67

6.90
6.91
6.92
6.96
6.98

6.93
6.94
6.95
6.96
6.96

5.97
5.92
5.86
5.83
5.89

6.17
6.14
6.13
6.15
6.19

6.25
6.19
6.18
6.20
6.25

6.68
6.60
6.62
6.61
6.66

6.89
6.80
6.81
6.79
6.82

6.98
6.92
6.93
6.94
6.94

7.14
7.07
7.08
7.10
7.11

7.30
7.24
7.24
7.25
7.26

7.42
7.38
7.38
7.39
7.41

7.62
7.60
7.60
7.61
7.61

7.70
7.68
7.68
7.68
7.68

7.01
6.96
6.97
6.98
6.99

6.97
6.96
6.96
6.97
6.97

5.88
5.88

5
6
7
8

M A R
6.00
5.62 .
6.01
6.02

K E
5.88
5.90
5.90
5.90

12
13
14
15
16

6.18
6.19
5.89
6.13
6.09

6.00
6.13
6.13
6.20
6.20

5.82
5.90
5.87
5.87
5.86

19
20
21
22
23

6.08
6.06
6.14
6.21
6.31

6.15
6.13
6.15
6.13
6.20

26
27
A 2 8
29
30

6.40
6.37
6.55
6.46
6.46

6.25
6,25
6.25
6.25
6.25

1/

5.56 5.87 5.99
5.53 5.85 5.96
r
C L
5.58 5.87
5.60 5.88
5.61 5.90
5.80 6.07

Bills quoted on a bank discount basis.




Coupons due in:
3-5 yrs Over 10

7.30
7.24

6.06
6.02

9

Treasury constant maturities
1-yr 2-yr 3-yr 5-yr T-yr 10-yr 20-yr 30-yr
6.36 6.57 6.74 6.97 7.15
6.32 6.53 6.69 6.93 7.11

1
2

#
w

U.S. Government Securities 1/

Aug. Revisions
• •. Over
Aug.
10
1
2
4
5
8
9
11
12
15
16
17
18
19

7.06
7.05
7.03
7.01
7.00

22
23
24
25
26

6.99
6.97
6.95
6.94
6.92

29
30
31

6.90
6.91
6.91

.