Full text of G.13 Selected Interest Rates : September 16, 1941

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yi
. ^ "i.
i REC'D' IN p i l e s s e c t i o n

S E P "»

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

1941

R&S m 739
September 16, 1941
OPEN-T'ARKET RATES IN NEW YORK CITY
( P e r c e n t per annum)
Week ending S a t u r d a y
S e p t . 13
1941
P r e v a i l i n g r a t e on;
Commercial paper ( p r i m e , 4 to G months)
B a n k e r s ' a c c e p t a n c e s ( p r i m e , 90 d a y s ) . .
Time l o a n s ( S t o c k Exchange, 90 d a y s ) . , .

1/2
7/16
1 1/4

R a t e on S t o c k - e x c h a n g e c a l l l o a n s : \J
N ei/v . . . . * . • # * . « * # « . »• • . . » » • » • » * • • • •••» • •
Renewal
.
.
......

1.00
1.00

United S t a t e d o b l i g a t i o n s :
R a t e on T r e a s u r y b i l l s (91 days)s 2/
D e a l e r s 1 q u o t a t i o n JL/% . . . . . . . . . . . . . . .
New i s s u e
.
......
Y i e l d on T r e a s u r y n o t e s ,
3 to 5 years: l /
Tax-exempt n o t e s .
Taxable n o t e s
.......
Y i e l d on T r e a s u r y bonds, 12 y e a r s
and o v e r : \ J
P a r t i a l l y tax-exempt b o n d s . . . .
i& xab1c bonds 3 / . . . . . . . . . . . . . .
P r i c e of T r e a s u r y bonds l / 4 ^ / . . . . . . . . . .

S e p t . 6' ' Aug. 16
1941
1941

l/Z

1/2
7/16
1 1/4

7/10
1 1/4

1.00
1.00

1.00
1.00

.10
.050

.11
.071

.32
,58

.31
.58

1.94
2.14
111.1

1,91
2.14
111.5

1.97
2.14
110.7

Avoragc y i e l d on h i g h - g r a d e c o r p o r a t e
bonds ^ly . . . . . # . . . *. •
« . . . . .

2.65

2.64

2.66

Average y i e l d on c o r p o r a t e bonds: 5>/
Aaa
Ban.............

2.74
4,28

2.74
4.27

2.75
4 ,27

\J
j?/
~ZJ
%/

S e p t . 14
1940
1/2-5/8
7/16
1 1/4
1.00
1.00

;

.116 - ;

\V

.34 '
.64

.05
.032
.50

2.20
107 .4
2,72
.

2.83
4.69

Averages of d a i l y f i g u r e s .
Tax-exempt b i l l s p r i o r t o March 1941; t a x a b l e b i l l s t h e r e a f t e r ,
I n c l u d e s 1956-58 bonds o n l y ,
P r i c e s d e r i v e d from y i e l d f i g u r e s of p a r t i a l l y t a x - e x e m p t i s m es on b a s i s of a
2 3/4 per cent> 16-year bond.
5 / Averages of d a i l y f i g u r e s , week ending F r i d a y .