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FEDERAL

Average of Daily Figures 1/

RESERVE

statistical

OPEN MARKET MONEY RATES AND BOND PRICES
Weekly
Sept. 2
Sept. 16
Sent. 9
" 4.02
3.98
3.54

^ffmnercial paper (prime, 4 to 6 mos.) .
Finance paper placed directly (3 to 6 mos.) . . .

w

Stock Exchange call lc£B6* going rate •
Discount rate (Federal Reserve Bank of New York).

Sept. 23
4.00

r el

e a s e

Monthly
August
Sept.
3.89
4.00

Sept. 30
4.00

5.00
4.75
4.75

5.00
4.75
4.66

5.00
4.75
4.68

5.00
4.75
4.80

5.00
4.83
4.88

5.50

5.50

5.50

5.50

5.50

5.50

5.50

5.50

5.50

5.50

5.00
4.75
4.77

5.00
4.77
4.76

5.50

5.50

1

4.00

4.00

4.00

4.00

4.00

4.490
4.995

4.324
4.765

4.360
4.951

4.490
4.998

4.629
5.143

4.275
4.821

4.451
4.964

4.41
4.86
5.05

4.31
4.82
5.05

4.37
4.93
5.06

4.54
5.04
5.15

4.47
5.05
,5.14

4.26
4.82
5.04

4.42
4.96
5.10

5.14
5.33
4.96

5.13
5.32
4.93

5.16
5.39
4.96

5.27
5.44
5.01

5.30
5.45
5.04

5.10
5.28
4.95

5.21
5.40
4.99

75.27

75.66

75.30

74.80

74.46

75.38

75.04

5.68
6.35

5.66
6.38

5.65
6.41

5.64
6.38

5.66
6.41

5.62
6.33

5.65
6.40

Yields on U. S. Government Securities
Auction average:

Market yield:**

Market yield:

Price of long-term Treasury bonds 3/ . . . . . .

.

Average yields on corporate bonds (Moody's) . . .

3.83
3.80
1 3.82
3.80
3.80
3.78
State and Local Government Aaa (Moody's). . . . .
1/ Average of daily figures except state and local Government#, which are based on Thursday figures*
2/ Includes all bonds maturing or callable in 10 years or more.
3/ Prices derived from average market yields on the basis of an assumed 3 per cent, 20-year bond.
*
Dailv averages are based on number of calendar days in period. ** Bills are quoted on bank discount basis.
GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BflARD
October 9, 1967




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