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U. S. GOVERNMENT SECURITY YIELDS AND PRICES
(Yields in per cent per annum)

G. 14

1959 - June

finvprriment sec'urit
Auction average] Market yield Issues,dueTlssues,due
term
term
3-month 6-month 3-monthI6-month in 9 to 121 in 3 to
bonds 31 bonds4
months 11
bills bills
bills
bills
3.09

3.283
Closed

85.21
85.21
85.09

85.09
85.09

Weekly avg«
1959 - June

6
13
20
27
Mon thlv avg.
1959 - June
1-/58 - June

3.489
3.565

3.486
3.585
85.16
97.17

«*' Sfti-ssrsjsastir•
average of accepted tenders m Monday auction.

bEiEEEs, . s^ssss,;

4/ Prices derive^from^average market yields on basis of an assumed 3 per cent,
20-year bond.
GOVERNMENT FINANCE SECTION, BOARD OF GOVERNORS




July ?, 1959