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FEDERAL

RESERVE

s t a t i s t i c a l
G.14

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

A u c t i o n Average
3-month
6-month
bills
bills
7.698
8.055

Period
1974 - August 1
2
3

C

5
6
7
8
9
10

C

C

S

L

L

C

.

L

9.908

E

D

8.660
0

S

E

0

S

E

S

E

D

9.930

C L 0 S E D



I s s u e s due
in 3 to
5 y e a r s 2/
8.62
8.70

Longterm
bonds 3/ „
7.27
7.30

P r i c e of
longterm
bonds 4 /
55.35
55.14

-

8.33
8.65
8.84
9.02
8.93

8.67
8.64
8.83
9.01
8.93

8.40
8.41
8.52
8.58
8.54

9.23
9.15
9.27
9.29
9.39

8.75
8.73
8.76
8.76
8.74

8.83
8^4
8.77
8.76 ,
8.78

8.44
8.51
8.54
8.49
8.53

9 .38 - '
9.41
9.40
9.35
9.12

8.84
9.05
9.31
9.49
9.74 .

8.88
9.13
9.48
9.68
9.86

8.64
8.86
9.46
9.65
9.65

9.20
9.42
9.67
10.10
10,18

9.80
9.72
9.67
9.43
9.42

9.55
9.43
9.41
9.33
9.19

10.12
9.95
9.92
- 9.86
9.80

D

8.899
O

U . S . Government s e c u r i t y y i e l d s
Market Y i e l d
Other i s s u e s
3-month
6-month
due i n 9-12
bills
bills
b i l l s | months 1/
7.94
8.58
8.52
9.25
8.33
8.86
8.64
9.35

D

8.719

. 8.846

24
26
27
28
29
30
31

0

8.763

19
20
21
22
\

L

8.505

12
13
14
15
16
17

„

r e l e a s e

9.61
9.72
9.59
9.02
8.93

.

•

8.60
8.50
8.61
8.59
8.63

.

r

\

8.58
8.61
8.60
8.56
8.55

7.32
7.29
7.30
7.31
7.35
.,

7.38
7.39
7.38
7.35
7.27

55.00
55.21
55.14
55.07
54.79

f
•

54.58
54.51
54,58
54.79
55.35°

8.55
8.59
8.70
8.77
8.82

7.24
7.26
7.30
7.34
7.37

5^.56
55/42
55.14
54.86
54.65

8.77,
8.71
8.70
8.65
8.60

7.38
7.37
7.36
7.35
7.32

54.58
54.65
54.72
54.79
55.00

s s i
Continued
G.14

Week e n d i n g :
1974 - Aug.

U . S . GOVERNMENT SECURITY YIELDS AND PRICES
( Y i e l d s in per c e n t per annum)

Auction average .
3-month
6-month
bills
bills •
3
10
17
24
31

Month e n d i n g :
1974 - August
1973 - August
MATTT .

U.S. Government s e c u r i t y y i e l d s
Marke.t - vie.ld *
Other i s s u e s
3-month
6-month
1-year
due i n 9-12
bills
bills
bills
months 1/

7.698
8.505
8.763
8.846
9.908

8.055
8.660
8.719
8.899
9.930

7.84
8.75
8.75
9.29
9.37

8.38
8.82
8.78
9.41
9.61

8.744
8.672

8.'853
8.700

8.96
8.67

9.11
8.65

'

Longterm
bonds 3/

9.19
9.27
9.33
9.71
9.93

8.55
8.59
8.58
8.69
8.69

V.l\ '
7.30
7.36

55.59
55. Q4
54.76
55.13
54.75

8.88
8.32

9.54
8.82

8.64
7.75

7.33
6.81

54.95
58.71

Y i e l d s on T r e a s u r y b i l l s a r e computed on a bank d i s c o u n t b a s i s .

7.24

on t h e b a s i s of c l o s i n g b i d

1/

I n c l u d e s t h e 5 - 7 / 8 per c e n t n o t e of May 15, 1975 and t h e 6 p e r c e n t n o t e of May 15, 1975) t h r o u g h
August 15; b e g i n n i n g August 16, i n c l u d e s o n l y t h e 5 - 7 / 8 p e r c e n t n o t e of August 15, 1975.

2/

Currently includes the following notes:
7 - 3 / 4 p e r c e n t of 8 / 1 5 / 7 7 t h r o u g h August 15
6 - 1 / 4 p e r c e n t of 2 / 1 5 / 7 8
includes
c e n t of
c e n t of
c e n t of
c e n t of
c e n t of
c e n t of

8 - 3 / 4 per c e n t of 8 / 1 5 / 7 8
6
p e r c e n t of 1 1 / 1 5 / 7 8
6 - 1 / 4 p e r c e n t of 8 / 1 5 / 7 9

3/

Currently
6 - 3 / 8 per
3-1/4 per
6 - 1 / 8 per
3-1/2 per
4 - 1 / 4 per
4
per

t h e f o l l o w i n g bonds due o r c a l l a b l e i n 10 y e a r s or more:
1984 t h r o u g h August 15
6 - 3 / 4 , p e r c e n t of 1993
1985
7 - 1 / 2 p e r c e n t of 1988-93
1986
4 - 1 / 8 per c e n t of 1989-94
1990
3
p e r c e n t of 1995
1987-92
7
p e r c e n t of 1993-98
1988-93
3 - 1 / 2 p e r c e n t of 1998
8 - 1 / 2 p e r c e n t of 1994-99

4/

P r i c e s d e r i v e d from a v e r a g e market y i e l d s on t h e b a s i s of an 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


P r i c e of
longterm
H n nH *$HI tx. i
—MUUUS

8.38
8.49
8.50
9.25
9.^8

V,' « 1 J ,

prices.

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

SEPTEMBER 4 , 1974

-