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board of gox'ernors of the federal reserve system

G. 1 3 ; 3 Ik

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October 6 , 19l(B

OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Per c e n t per annum)

:
P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , h t o 6 months)
Bankers* a c c e p t a n c e s (prime, 90 days) .
Time l o a n s ( S t o c k Exchange, 9 0 d a y s ) . .
R a t e on S t o c k Exchange c a l l l o a n s ; l /
New
~
Renewal

Monthly

Weekly, 19W
S e p t . I4. | S e p t . 11 j S e p t . 18 | S e p t . 25 j Oct. 2

1 1/2

1 3/16

11/2

1 3/16

1 1 / 2 - 1 ^ 6 1 3 ^ - 1 5/fe 1 3/6.1^6 1 3 6 - 1 1/2

1 3/16

:l 3/16

1 3/16 iyi&.l%/l6

1 1 ^ - 1 3 A 11/2-1 3 4 1 ^ - l 3/L I

1^-134

Y i e l d s on TJ. S . Government s e c u r i t i e s : l /
B i l l s , 3 months
1.07&
1.17
C e r t i f i c a t e s , 9 t o 12 months .
. . . .
1.66
^ f c x a b l e i s s u e s , 3 t o 5 years
^ R n d s , 7 to 9 years, taxable
. .
2.04
Bonds, 15 y e a r s a n d o v e r , t a x a b l e . . . . .
2.45
100.72
P r i c e of T r e a s u r y bonds 2 /

Aug. 19l*8

% ^ - 1 ) 4 136-13^
1 ^ - 1 3 ^ 1}£-1 3A

1.083

I.092

1.17

1.68
2.0U

1.17

1.69
2.05

1.109
1.18

2.45
100.70

2.1+5

IOO.69

1.70
2.04
2.45

.

1 1/2-1 5/8
1 3/16

1 ifi-iyb

1 1/2-1 3/4

1 ^-134
1
1 ^ - l ^

1 1 / 2 - 1 3A
1 1/2-1 3A

1

1 ^"134

S e p t . 19i+8

^

1.114
1,20
1.70
2.02
2.45

4

1.053
1.15

I.65
2.05

IOO.69

100.70

2.45
100.73

1.090

1.18
I.69
2.04
2.45

100.70

Y i e l d s on h i g h - g r a d e c o r p o r a t e bonds
(Treasury s e r i e s ) l / .

2.84

2.85

2.85

2.85

2.85

2.86

2.85

A v e r a g e y i e l d on c o r p o r a t e bonds (Moody* s ) 5 /
Aaa
Baa

2.84
3-44

2.84
3A5

2.84
3-1+6

2.84
3.46

2.83
3-47

2.84

2.84
3.45

3-1j4

l / A v e r a g e o f d a i l y f i g u r e s . For T r e a s u r y b i l l s , a v e r a g e r a t e o f d i s c o u n t on i s s u e s o f f e r e d w i t h i n p e r i o d .
"2/ A v e r a g e o f t a x a b l e bonds due o r c a l l a b l e i n 15 y e a r s and o v e r .
3 / A v e r a g e o f d a i l y f i g u r e s ; w e e k l y f i g u r e s a r e f o r week e n d i n g F r i d a y .
GOVERNMENT FINANCE SECTION, BOARD OF GOVERNORS