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SELECTED INTEREST RATES
±
(Yields in percent per annum)

G.13(415)
Instruments
Federal funds (effective rate) 2/
Conmercial paper 3/V

Finance paper placed directly 3/

CDs (secondary market)

U.S. government securities
Treasury bills 3/
Auction Average (Issue date)

Secondary market

Aug* 1
8.98

I Aug. 8
9.60

Weekly
| Aug. 15
8.85

For Immediate Release
September 4, 1980
| Aug. 22

[ Aug. 29~
10.03

July

-#r

8.,75
,68
61

8,,93
8.,92
8,,84

9.,02
9.,14
9.20

9.,73
9,,87
9. 94

10.,24
10. 'r0
10. 52

8..53
y.,41
8.

9..48
9.,57
9. b]

8,.55
8,,25
8.,25
8,.97

8,.69
8,.58
8,.60
9,.14

8.,89
8.,77
8.,77
9,,39

9.,58
9,,19
9.,21
10,,14

10.,12
9,,93
9,,89
10,,77

8,,37
8,.03
8,.03
8,.58

9,.30
9..08
9:,08
9..85

8.,82c
8,,93
,11
11..07
.57

9,.16
9,.29
9.43
11,.00
10,.00

9..21
9.,46
9.85
11,,00
10.,00

9.,82
10.,13
10.,62
11.,00
10.,00

10.,31
10,,80
11,,34
11,,25
10.,00

8,.59
8,,65
8..73
11,.48
10..87

9,.62
9,.91
10,,29
11,,12
10,,00

,221
8,.276

8,.877
8,,867

8.,723
8.,891

9.,411
9,.765
8,,963

10,.025
10,,250

8,.126
8,,101

9,,259
9,.443

8,.44
8,.49
8,.43

8,.58
8,.69
8,.61

8,.60
8,.91
8,.94

9,.41
9,.83
9,.85

10,.01
10,.36
10,.28

8,.06
8,.06
8,.00

9,.13
9,.41
9,.39

9..13
.47
,72
9,.92
.20
.59
10,.64
10,.58
10,.13

9,.35
9,.70
9,.90
10,.12
10,.39
10,.75
10,.78
10,.74
10 .27

9,.71
10,.06
10,.18
10.47
10,.66
10,.93
10,.97
1.0,.94
10,.46

10.,79
11,.03
11.,06
11..21
11,,20
11..20
11,.15
11.,09
10..61

11,.28
11,.47
11,.52,
11,.69
11,.65
11,.59
11..41
11,,28
10,.84

8,.65
9,.03
9,.27
9,,53
9,.84
10,.25
10,.32
10,.24
9,.83

10,.24
10,.53
10,.63
10,.84
10,.95
11,.10
11,.07
11,.00
10,.53

11,.94
.33
.70
8 .15

12,.14
11 .44
12 .97
8 .00

12,.26
11,.57
13 .07
8,.00

12,.43
11,.70
13,.28
8,.00

12,.56
11,,88
13,.37
8,.00

11 .77
11,.07
12 .67
7 .35

12,.33
11,.64
13 .15
8 .03

12 .25

12 .25

12 .55

12,.80

12,.95

12 .19

12 .56

Treasury constant maturities 4/

Coupon issues due in 10 years or more (long-term) 5/ . . .

See back for footnotes.




INTEREST RATES
(Yields in percent per annum)

G.13 (continued)
CDs
secondary
market
3-mo

U.S. Government Securities

Federal
funds

1

10.48

4

10.04

9.46

9. 60

8.64

8. 72

8. 59

5

8.16

8.81

9 31

8. 72

8. 72

8. 60

• M"1

III

Daily
1980
August

9.36

9. 67

Treasury bills 3/
631-yr
8. 70

8. 76

8.68

1-yr

2-yr

Treasury constant maturities
3-yr
510-yr
7-yr

9.41

9.78

9.98

10. 16

9.31

9.66

9.87

9.32

9.67

9.89

20-yr

30-vr

10.40

10.76

10.80

10.76

10. 04

10. 31

10.69

10. 71

10.68

10. 06

10. 33

10.70

10. 71

10.69
10.73

6

7.65

8.75

9. 18

8. 55

8. 70

8 =61

9.34

9.69

9.89

10. 19

10.,45

10.80

10.,80

7

8.86

8.76

9. 16

8 38

8. 56

8. 55

9.32

9.67

9.86

10. 10

10.,37

10.71

10.,75

10.68

8

9.05

8.84

9.,19

8.,62

8. 74

8,,71

9.45

9.81

9.99

10,,22

10.,47

10.87

10.,92

10.90

11

9.19

9.04

9.,43

8.,83

8.,96

8.,96

9.73

10.07

10.21

10.47

10.,71

11.03

11.,10

11.05

12

8.67

9.17

9.,51

8.64

8.89

8.,91

9.68

10.03

10.16

10.,48

10.,69

10.98

11.,04

11.01

13

8.10

9.01

9,,35

8,,55

8.,88

8.,91

9.68

10.03

10.13

10,,46

10.,64

10.89

10.,95

10.93

14

9.02

9.19

9.,44

8,,45

8.,88

8.,92

9.70

10.07

10.17

10.48

10.65

10.90

10.,91

10.90

15

9.05

9.31

9.,55

8,.54

8,,93

8.,98

9.77

10,12

10.21

10,.48

10,.63

10.86

10,,87

10.83

18

9.60

9.51

9,.90

9,.11

9,,64

9..62

10.52

10.77

10.83

10,.99

11,.05

11.13

11,.06

11.02

19

9.79

9.80

10,,03

9..38

9,,73

9,.72

10.64

10.91

10.97

11,.11

11,.16

11.24

11,.20

11.16

20

9.92

9.90

10,.16

9,.31

9,.77

9,.83

10.77

11.11

11.16

11,.29

11,.24

11.22

11,.21

11.13

21

9.92

9.91

10,.09

9,.70

10,,08

10,.16

11.15

11,27

11.24

11,.39

11,.32

11.30

11,.22

11.15

22

10.05

10.21

10.45

9,.54

9,.91

9 .94

10.89

11.09

11.11

11,.26

.11 .21

11.13

11,.08

11.01
11.18

25

9.97

10.16

10 ,59

9 .78

10,.22

10,.22

11.22

11.34

11.40

11 .55

11 .49

11.40

11 .28

26

9.99

10.20

10 .59

9 .94

10,.25

10 .19

11.18

11.34

11.38

11 .55

11 .50

11.42

11 .30

11.18

27

10.20

10.26

10 .74

10 .07

10,.38

10 .31

11.32

11.52

11.58

11 .76

11 .72

11.67

11 .46

11.33

28

10.58

10.52

10 .79

10 .32

10 .69

10 .50

11.54

11.77

11.74

11 .92

11 .91

11.89

11 .61

11.43

29

10.74

10.86

11 .28

9 .96

10,.26

10 .18

11.15

11.36

11.48

11 .66

11 .63

11.55

11 .42

11.27

1.
2.
3.
4.
5.
6.
7.

Average of daily figures except for state and local government and conventional mortgages, which are based on Thursday and Friday figures,
respectively.
7-day average for statement week ended on preceding Wednesday,
Quoted on bank-discount basis,
Yields on actively traded issues adjusted to constant maturities. Source: U.S. Treasury
Unweighted average of all issues outstanding of bonds neither due nor callable in less than 10 year j, including several very low yielding "flower" bonds.
Contract interest rates on commitments for first mortgages. Source: FHLMC„
Rates on the commercial paper placed for firms whose bond rating is Aa or the equivalent.