Full text of G.13 Selected Interest Rates : September 6, 1968
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical OPEN MARKET MONEY RATES AND BOND PRICES Weekly Average of Daily Figures \! AUg. ir Aug. 10 Aug. 17 6.13 6.11 6.05 Federal Funds (Effective Rate)* release Aug. 24 6.05 Aug. 31 5.93 Conanercial paper (prime, 4 to 6 mos. ).. . . . . . Fiflfke paper placed directly (3 to 6 mos.) . . . B a m R s 1 Acceptances (prime, 90 days) 5.95 5.83 5.70 5.88 5.77 5.75 5.88 5.75 5.75 5.88 5.75 5.63 5.88 5.70 5.63 prime Loan Rate (Leading City Banks) 6.50 6.50 6.50 6.50 6.50 6.50 July 6.02 Monthly August 6.03 6.19 5.85 5.88 5.74 5.66 6.50 6.50 6.02 . . , 6.50 6.50 6.50 6.50 Discount rate (Federal Reserve Bank of New York). 5.50 5.50 5.50 5.50 5.25—' Yields on U. S. Government Securities Auction average: 3-month bills . . . . . 6-month bills 5.190 5.287 4.905 5.099 5.084 5.273 5.123 5.220 5.173 5.242 5.382 5.480 5.095 5.224 5.08 5.25 5.14 4.96 5.16 5.10 5.11 5.29 5.21 5.15 5.24 5.15 5.18 5.26 5.17 5,31 5.41 5.40 5.08 5.23 5.15 5.46 5.28 4.99 5.42 5.29 4.99 5.47 5.35 5.06 5.39 5.36 5.09 5.39 5.33 5.06 5.68 5.44 5.09 5.41 5.32 5.04 74.96 75.05 74.30 73.92 74.28 73.99 74.48 6.46r 6.14 6.36 6.88 6.40 6.07 6.83 6.00 6.82 6.34 5.98 6.80 6.33 5.97 6. 79 6.57 6.24 6.98 6.02 6.82 3:90 3.80 4.00 4.05 4.25 4.12 4.00 Stock Exchange call loans--going rate . . . Market yields:** 3-month bills . 6-month bills . 1-year bills. . et yield: her taxable issues, 9 to 12 months. Taxable issues, 3 to 5 years . . . Bonds--Long-term taxable 2./ Price of long-term Treasury bonds 3/. Average yields on corporate bonds (Moody's) Aaa . Baa . . . State and Local Government Aaa (Moody's). . . 6.37 X) Average of daily figures except state and local Governments, which are based on Thursday figures. 2/ Includes all bonds maturing or callable in 10 years or more. 4/ Effective August 30, 1968. 3/ Prices derived from average market yields on the basis of an assumed 3 per cent, 20-year bond. * Daily averages are based on number of calendar days in period. ** Bills are quoted on bank discount basis, r--revise?] GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD September 6, 1968