Full text of G.13 Selected Interest Rates : October 5, 1962

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

F E D E R A L

R E S E R V E

statistical

OPEN MA.RKET MONEY RATES AMD BOND PRICES
Monthly
Weekly
Average of d a i l y f i g u r e s 1 /
Sept. If Sept. 22 Sept. 29 Aug, 19o2 Sept. 1962
Sept. 8
Sept. 1
2.90
2793™
2.79
2.89
3.00
2.96
Federal Funds ( E f f e c t i v e r a t e ) . . . . . . . . . .
2.93
G.13

3.30
3.12
3.11

3.3U
3.13
3.09

lt.50

lt.50

2.7U9
2.938

2.837

2.792
2.9lt7
2.78
2.93
2.99

3.56
3.96

2.75
2.90
2.93
2.95
3.51
3.93

2.82

3.01
3.59
3.95

2.77
2.93
2.98
2.97
3.57
3.9b

86.85

86.98

87.03

87.20

86.6b

3.30
Commercial paper (prime# U t o 6 mos.). . . . . . .
F i i ^ k e paper placed d i r e c t l y (3 t o 6 mos.). . . . r 3.10
3.08
Bai^K's' acceptances (prime, 90 d a y s ) . . . . . . .

3.25
3.13

3.35
3.13

3.06

3.38
3.13
3*10

3.38
3.13
3.13

Prime Loan Rate (Leading City Banks) . . . . . . .

a.50

1.50

lt.50

lt.50

Lu50

Stock Exchange c a l l loans—going r a t e . . . . . . .

lt.5o

It.50

U. 50

lt.5o

lt.50

Discount r a t e (Federal Reserve Bank of New York) .

3.00

3.00

3.00

3.00

3.00

2.806
2.916

2.83b
2.977

2.789
2.911

2.796

2.962

2.80

2.82

2.78
2.93

3.06

3.08

Yields on U . S . Government s e c u r i t i e s
Auction average:
3-month b i l l s . . . . . . . . . . . .
6-month b i l l s . . . . . . . . . . . .
Market y i e l d :
3*«ionth b i l l s . . . . . . . . . . . .
6-month b i l l s . . . . . . .
. . . .
gSrl2. month b i l l s . . . . . . . . . .
H i h e r t a x a b l e i s s u e s , 9 t o 12 months
"ixable i s s u e s , 3 t o 5 years . . . .
^Bonds—Long-term, t a xa bl e 2 / . . » .
Price of long-term Treasury bonds 3 /

2.93
3.02

r 3.52
3.9b

87.03

3.06

2.95
3.0b

3.00

3.005
2.99

3.10

3.00

3.13
3.57
3.97

3.56
3.9b

87.02

Average y i e l d on corporate bonds (Moody's)
It. 3 5
It. 3 1
H.31
L.32
b.33
It.33
Aaa. . . . . . . . . . . . . . . . . . .
5.06
5.02
5.03
5.03
5.0b
5.05
Baa. . . . . . . . . . . . . . . . . . .
3.10
3.00
3.01
3
.
0
2
3.02
3.03
S t a t e and l o c a l Government, Aaa (Moody's)
1 / 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 Government, which a r e based on Thursday f i g u r e s .
r / Revised.
~2f Includes a l l bonds -matvring or c a l l a b l e i n 10 years or more.
3 / Prices derived from average market y i e l d s on b a s i s of an assumed 3 per c e n t , 20-year bond.
*




t h e

It.32
5.03
3.01

, . ,

> f e r k e t

I

FOR FILES

[

fCharies A, Yam <