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v . 8 . GOVERNMENT SECURITY teltfi AMD'PRICES
(Yields in per cent per annum)

U, So Government s ec u r ity y l e l d s
Price of long3-mont h b i l l s
9-12
long-term
term bonds
3 - 5
Rate
month
year
New
Old
h 0 nds
Market
,
.
on
new
taxable
taxable 3/ Old U/ New s e r i e s s e r i e s
yi
issues issues 1 / issues 2 / s e r i e s s e r i e s
3/
k/
Closed

Period
1957 — June

R&S 100-6573

1
3
i*

3.32
3.32
3.3k
3.29
3.2k
Closed

3.50
3.52
3.52
3.374
3.50
, 3.50

3.70
3.70
3.69
3.68
3*68

3.52
3.52
3.51
3.51
3.51

3A7
3.k8
3.k6
3".k6
3.k6

88.02
87.96
88.12
88.19
88.12

93.19
93.12
93 .kk
93.39
93.31

10
11
12.
13
Ik
15

3.2k
3.2U
3,27
3.30
3.32
Closed

3.U9
3.19
3.53
3.57
3.57

3.66
3.61
3.66
3.70
3.7k

3.50
3.51.
3.53
3.56
3.59 ,

3.k6
3.k6
3.k9
3.51
3.5k

88.23
83.15
87.85
87.62
87.31

93 UA
93.28.
92.88
92.50
91.97

17
18
19'
-2021
22

3.36
3.36
3,37
3.38
3.32
Closed

3.60
3.58
3.60
3.62
3.57

3.80
3,65
3.82
3.70
3.85
3.71
3.88
3.72
3.87 V- 3.72

3.60
3.60
3.61
3.6k;
3.66

86.79
86,k6
86.06
85.92
85.92

91.12,
90,97
90.78
90.31
89.9k

2k
25
26 •
27
28
29
Weekly average:
June 1
8
15
22
29
Monthly average:

3.22
3.20
3.23
3.27
3.22
CI cs ed

3.5k
3.5k
3.56
3.61.
3.61t

3.83
3.8k
3.8k
3.88
3.89

3.68
3.68
3.68
3.68
3.68

3.62
3.60
3.60
3.60
3.60

86.29
86.38
86 .kO
86.33
86.27

-90.50
90.78
90.88
90.88
90 <81#

88 .k5
88.08
87.83
86.23
: 86.33
' 87.12

93.60
93.29
92.81
90.62
90.78
91.8?

J

0
7
8

Monthly average
June 1956
Note:

-

3.256

3.kQk

3.231

3.26
3.30
3.27
3.36
3.23
3.29

3.2U5
3.37U
3.256
3.U0U
3.231
3.316

3.U2 •"
3.51
3.53
3.59
3.58
3.55

3.72
3.69'
3.68
3.8it
3.86
3.77

3.U8
3,51
3.5k
3.70
3.68
3.61

3.k5
3.k7
3.U9
3.62
3.60
3.5k

2.kj>

2.527

2.69

2.87

2.89

2.98

95.03 102.22

Torlc on t h e b a s i s of closing bid p r i c e s . Rate on new b i l l issue i s
average of accepted tenders in Monday auction.

2-1/2 per cent bond of*3/57-58, 3-1/2 per cent c e r t i f i c a t e of UA5/58, 2-3/8
per cent bond of 6/15/58, and the 2-7/8 per cent note of 6/15/58,
Includes the 2-1/8 per cent bond of l l / l 5 / 6 0 , 2-3/U P©r cent bond of 9/15/61,
u
2-1/2 per cent bond of l l / l 5 / 6 l , and the 3-5/8 per cent note of 2/15/62, ,
y
Includes the following taxable marketable bonds due or c a l l a b l e in 10 t o 20
y e a r s : 2 - l / 2 per cent s e r i e s of 6/67-72, 9/67-72, and 12/67-72•
3 - l A P e r cent bond of 6/78-83 and 3 per cent bond of 2/15/95.

rOVERNMENT
FINANCE SECTION, BOARD OF GOVERNORS

i/