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FEDERAL

•e*\

RESERVE

statistical

release -

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

G. 14

Auction average
6-month
3-month
bills
bills

Period,
1972 - Aug. 1
2

3.794

4.298

U. S. Government security yi elds
Other issues
Market yield*
due in 9-12
1-year
6-month
3-month
months 1/
bills
bills
bills
4.73
4.78
4.25
3.77
4.71
4.73
4.27
3.77
4.71
4.78
4.31
3.79
4.69
4.80
4.33
3.82

Issues, due
in 3 to
5 years 2/
5.87
5.83
5.85
5.86

bonds 3/
5.52
5.50
5.50
5.50

Price of
longterm
bonds 4/
69.71
69.90
69.90
69.90

Long-

CLOSED

9
10
11
12
14
15
16
17
18
19

3.928

4.431

3.956

4.464

4.80
4.75
4.72
4.73
4.73

4.72
4.74
4.69
4.72
4.69

5.87
5.86
5.84
5.84
5.84

5.50
5.49
5.47
5.47
5.47

69.90
70.00
70.19
70.19
70.19

3.87
3.89
3.91
3.88
3.92

4.44
4.43
4.46
4.45
4.50

4.74
4.72
- 4.71
4.72
4.85

4.73
4.72
4.80
4.80
4.84

5.85
5.86
5.88
5 . 88
5.89

5.48
5.47
5.57
5.57
5.57

70.09
70.19
69.24
69.24
69.24

3.97
4.18
4.14
\4.23

4.54
4.61
4.77
4.72
6.75

4.90
4.95
5.03
4.99
5.11

4.91
4.95
5.08
5.09

5.89
5.90
5.93
5.94
6.03

5.57
5.55
5.56
5.56
5.57

69.24
69.43
69.34
69.34
69.24

4.26
4.40
4 v55
4.55

4.77
4.85
4.97
4.97

5.24
5.27
5.30
5.30

5.30
5.35
5.44
5.41

6.08
6.09
6.13
6.12

5.59
5.60
5.64
5.63

69.05
68.96
68.58
68.68

4.54

4.95

5.29

5.41

6.11

5.63

68.68

CLOSED

4.02

22

28
29
30
31

4.36
4.35
4.39
4.39
4.38

CLOSED

21
23
24
25
26

3.85
3.85
3.86
3.86
3.84

4.058

4,623

5.22

CLOSED

4.332


Sept. 1


4.818

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

Auction average
6-month
3-month
bills
. bills

Period

U. S. Government security yields
'Other issues
Market yield*
due in 9-12
6-month l-year
3-month
months
1/
bills
bills
bills

Price of
long- ....
term
bonds 4/

Issues, due
in 3 to
5 years 2/

Longterm
bonds 3/

5.85
5.85
, 5.87
5.94

5.51 '
5.48
5.53
5.56

69.82
70.09
69.60
69.32

Week ending:
1972 - Aug. 5
12
19
26

3.794
3.928
3.956
4.058

4.298
4.431
4.464
4.623

3.79
3.85
3.89
4.11

4.30
4.37
4.46
4.68

4.78
4.75
4.75
5.00

.

4.332

4.818

4.46

4.90

5.28

5.38

6.11

5.62

68.79

4,014
5.078

4.527
5.363

4.01
4.93

4.53
5.22

4.90
5.52

4.91
5.67

5.92
6.39

5.54
5.78

69.55
67.33

Sept. 2

Month ending:
1972 - August
1971 - August
Note:

i

4.72
4.71
4.78
5.05

''

Yields are averages of those computed by the Federal Reserve Bank of New York on tha basis of closing bid
prices. Yields oh Treasury bills are computed on a bank discount basis.

1/

Includes the 7-3/4 per cent note, of May 15 , 1973, and the 4-3/4 per cent note of May 1.5, 1973, thru Aug. 15;
beginning Aug. 16, includes the 4 per cent bond of Aug. 15, 1973, and the 8-1/8 per cent note of Aug. 15, 1973.

2/

Currently
5-7/8 per
7
per
6-1/4 per
5-7/8 per
6-1/2 per

includes the following notes:
cent of 8/15/75 thru Aug. 15
cent of 11/15/75
cent of 2/15/76
cent of 2/15/76 beg. Aug. 16
cent of 5/15/76

3/

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

includes
cent of
cent of
cent of
cent of
cent of

5-3/4
7-1/2
6-1/4
8
7-3/4

per
per
per
per
per

cent
cent
cent
cent
cent

of
of
of
of
of

5/15/76
8/15/7 6
11/15/76
2/15/77
8/15/77 beg. Aug. 16

the following bonds due or callable in 10 years or more:
1984, beg. Aug. 16
4
per
1985
4-1/8 per
1986
3
per
1990
3-1/2 per
1987-92

cent
cent
cent
cent

of
of
of
of

1988-93
1989-94
1995
1998

Prices derived from average market yields on the basis of an assumed 3 percent,- 20-year bond.


GOVERNMENT FINANCE SECTION,


FEDERAL RESERVE BOARD

September 5, 1972

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