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RESERVE
G.14

'

U. S . GOVERNMENT SECURITY YIELDS AND PRICES
( Y l e l d o i n p e r c c n t p e r onnum)

i>[

- r
A u c t i o n Av^XflRc
6-month
3-month
bills
bills

Period
1968 - November

1
2
4
5
6
7
8
9
11
12
P
14

Mi. f

s ta tistic a
^<! (?/

u . s . Government S e c u r i t y Y i e l d s
Other issues
Market y i e l d *
due i n 9 - 1 2
1-yenr
6-month
3-month
months 1/
bills
bills
bills
5.52
5.41
5.51
5.46

/ x/f

()

r e l e a s e
l>

c
(ci

'•f

I s s u e s , due
in 3 to
5 y e a r s it
i.39

Longterm
bonds J /
5.26

Cloned
Closed
5.554

5.616

5.52

5.61

5.48

5.58

5.42

5.28

5,51
5.45
5.46

5.58
5.57
5.60

5.44
5.44
5.49

5.57
5.60
5,62

5.41
5.43
5.48

5.28
5.31

5.46
5.41
5.40
5.42

5.62
5.58
5.60
5.64

5.49
5.46
5.48
5.52

5.64
5.62
5.60
5.64

5.50
5.46
5.45
5.47

5.34
5.32
5.32
5.34

5.44
5.43
5.42
5.42
5.42

5.66
5.64
5.59
5.60
5.58

5.55
5.55
5.52
5.53
5.54

5.54
5.55
5.53
5.53
5.49

5.48
5.51
5.48
5.47
5.48

5.36
5.40
5.40
5.40
5.42

5.42
5.44
5.49.

.59

5.55
5.55
5.56

5.50
5.51
5.52

5.48
5.49
5.51

5.43
5.43
5.44

5.52

5.62

5.57

5.53

5.54

5.46

Closed
Closed

5.483

5.602

Closed
18
19
20
21
n

23
25
26
27
28
29
30

5.483

5.679

Closed

Closed
5.448
Closed




5.573

2 -

U. S . GOVERNMENT SECURITY YIELDS AND PRICES
( Y i e l d s i n p e r c e n t p e r annum)
Period
Weekly A v e r a g e s :
1968 - Nov. 2
9
16
23
30
Monthly A v e r a g e s ;
1968 - November
1967 - November

Auction average
3-month
6-month
bills
bills

3-month
bills

U. S. Government s e c u r i t y y i e l d s
Market y i e l d *
Other issues
6-month
1 year
due i n 9 - 1 2
bills
bills
months 1/

3/

5.48
5.48
5.42
5.43
5.47

5.50
5.59
5.61
5.61
5.58

5.45
5.46
5.49
5.54
5.56

5.52
5.59
5.62
5.53
5.52

-5.42
5.44
5.47
5.48
5.51

5.26
5.28
5.33
5.40
5.44

72.20
72.00
71.55
70.90
70.48

5.492
4.762

5.618
5.286

5.45
4.72

5.59
5.24

5.51
5.38

5.56
5.55

5.47
5.73

5.36
5.44

71.27
70.53

computed on a ^ n l f ^ ^ 0 ^ " ! ^ ^ ^

^

t h e

^

c l o s i n g bid p r i c e s ,

i n c l u d e s t h e 6 p e r c e n t n o t e o f A u g u s t 15, 1969 t h r o u g h November 15, and t h e 4 p e r c e n t bond o f O c t o b e r 1, 1 9 6 9 .
Currently
3-7/8 per
5 - 3 / 8 per
4
per
4-3/4 per
Currently
4
per

includes the
c e n t bond o f
cesnt n o t e o f
c e n t bond o f
c e n t bond o f
includes the
c e n t o f 1980

f o l l o w i n g n o t e s and
1 1 / 1 5 / 7 1 t h r u Nov.
1 1 / 1 5 / 7 1 t h r u Nov.
2/15/72
2/15/72
f o l l o w i n g b o n d s due

bonds*
15
15

4-3/4
4
4
4-1/8

per
per
per
per

cent
cent
cent
cent

note
bond
bond
bond

of
of
of
of

5/15/72
8/15/72
8/15/73
1 1 / 1 5 / 7 3 b e g i n n i n g Nov.

o r c a l l a b l e i n 10 y e a r s o r more-

3 1 / 2 p e r c e n t of 1990
4 - 1 M p e r c e n t of 1987-92
4/

Price,
longterm
bonds 4 /

5.473
5.616
5.602
5.679
5.573

Yilld! Z T % % u r y % U i r i r I

2/

Longterm
b o n d s 3/

5.471
5.554
5.483
5.483
5.448

Note:

V

I s s u e s , due
in 3 to
5 y e a r s 2/

3
p e r c e n t o f 1995
3 - 1 / 2 p e r c e n t o f 1998

P r i c e s d e r i v e d f r o m a v e r a g e m a r k e t y i e l d s on t h e b a s i s o f a n assumed 3 p e r c e n t , 2 0 - y e a r b o n d .

GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD




December 4 ,

1968