Full text of G.13 Selected Interest Rates : October 9, 1970

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FEDERAL

statistical

release

OPEN MARKET MONEY RATES AND BOND PRICES

G.13

«

RESERVE

Averages of Daily Figures 1/

Sept. 5
"5.73

deral Funds (Effective Rate)*

Sept. 12
6.63

Weekly
Sept. 19 Sept. 26
5.90
6.08

Oct. 3
6.20

7.90
7.48
7.20

7.32
7.12
7.03

8.00

7.90

5.807
6.373

6.412
6.526

6.244
6.450

5.80
6.29
6.27

5.84
6.43
6.39

6.41
6.56
6.55

6.12
6.47
6.40

6.72
7.24
6.64

6.49
7.05
6.52

6.54
7.09
6.53

6.92
7.56 ,
6.75

6.68
7.24
6.63

59.15

60.06

61.00

60.88

59.20

60.10

8.72
8.13
9.45

8.70
8.13
9.44

8.69
8.09
9.42

8.66
8.06
9.32

8.63
8.05
9.29

8.73
8.13
9.44

8.68
8.09
9.39

5.70

6.00

5.96

5.95

6.15

5.96

5.90

mmercial paper (prime, 4 to 6 mos«)
Finance paper placed directly (3 to 6 mos.) . . .
Bankers1 Acceptances (prime, 90 days) . . . .

7.50
7.31
7.13

7.38
7.31
7.13

7.38
7.25
7.10

7.20
6.91
6.90

7.13
6.75
6.88

Prime Loan Rate (Leading City Banks)

8.00

8.00

8.00

7.50

7.50

Stock Exchange call loans—going rate

8.00

8.00

8.00

7.75

7.75

Discount rate (Federal Reserve Bank of New York).

6.00

6.00

6.00

6.00

6.00

Yields on U. S. Government Securities . • . . . •
Auction average:
3-month bills
6-month bills

6.342
6.508

6.365
6.555

6.314
6.494

5.954
6.241

6.36
6.58
6.52

6.40
6.58
6.49

6.21
6.49
6.37

Market yield:
Other taxable issues, 9 to 12 months. .
Taxable issues, 3 to 5 years. . . . . .
Bonds—Long-term taxable 2/

6.81
7.42
6.72

6.85
7.40
6.75

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

59.42

Average yields on corporate bonds (Moody's)
Aaa
. . . . . . .
Baa
State and Local Government Aaa (Moody's). .

Market yield:**
3-month bills
6-month bills
1-year bills

1/
2/
3/
—

. . . . . . . .

. .

Monthly
Aug.
Sept6.26
6.60

Average oi a a n y iigute& cawi>i atawc
--- —
•>
°
Includes all bonds maturing or callable in 10 years or more.
Prices derived from average market yields on the basis of an assumed 3 per cent, 20-year bond.
***Bills Quoted
quoted on bank discount basis.
— number
u z >ofo calendar
i an<4Q-r days in period.
^^Bills
Daily averages are t
basedj on
October 9, 1970
GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD