Full text of H.15 Selected Interest Rates : April 4, 1977

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F E D E R A L
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11.1

R E S C - R V E

statistical

SEI.ECTLD I NT T. UR ST RATI S AND IU)f,T) RRICL S
( Yi el d in per cent per .innuiii)
Calendar week endinq A p r i l ?, 1°77

INSTRUMENTS
Feder a 1 'inds ( e f f e c t i v e r a t e )
Conn* roi al paper (prime, 90 to 110 days).
Conmorcial paper ( prime, 4 to 6 mos.)
Finance paper placed d i r e c t l y (3 to 6 mos.)
Bankers’ acceptances ( prime, 90 days)
Prime lo.m ( lar qe business prime rate-majorl t.yj
Discount rate (federal Reserve Bank of New York)
Yields on II.S. fiovernmenf s ecuri ti es 2/
Auction Average (Issue dat e) :
3-month b i l l ................................................................
6-month b i l l ................................................................
1- year b i l l ................................................................

Mar.
28
“4 . 7 ‘\
4.75
4.88
4.75
4.78
6.25
6.25

Ma r .
29
4.b7
4.75
4.88
4.88
4.76
6.25
5.25

M ir.
30
- ,r 74~
4.76
4.88
4.88
4.76
6.25
5.25

Kar.
31
T./ iP
4.75
4.88
4.88
4.75
6.25
5.25

4.609
4.370

release

For Inaiiodinto Release
A p r i l 1, I 0/7
Apr.
lb ?S
1
Week
~ T . 7 ? ~ ~T.74~T l 4.75
4.76
4.88
4.80
4.83
4.85
4./5 H
4.76
6.25
6.25
5.25
5.25

4.609
4.8/0

Last
Week
T . '/ 7 1/
4.75 “
4.88
4.75
4.79
6.25
5.25

Year
Atio*-

4.653
4.826

4.929
5.327

3-month b i l l ................................................................
4.59
4.59
4.57
4.54
4.54
4.57
4.57
6-rnon f ?» b i l l ................................................................
4.84
4.84
4.81
4.78
4.81
4.80
4.85
1-year* b i l l ................................................................
5.17
5.17
5.15
5.12
5.14
5.15
5.17
Treasury constant mat uri ti es 3/
1-ycai .........................................................................
5.48
5.48
5.45
5.40
5.42
5.45
5.49
? - y e a r .........................................................................
6.11
6.00
6.05
6.0?
6.01
6.05
6.06
3-year ........................................................................
6.46
6.43
6.4?
6.42
6.45
6.44
5 - y e a r ........................................................................
6.96
6.93
6.95
6.94
6.92
6.94
6.39
/ - y e a r ...................................................
7.22
7.22
7.2?
7.21
7.21
7.22
7.18
1 0 - y e a r ................................................................
7.47
7.4/
7.44
7 42
7.43
7.45
7.45
20-year ........................................................................
7.74
7.73
7.7/
7.72
7.7?
7.74
7.71
30- y e a r ........................................................................
7.80
7.80
7.79
7.80
7.79
7.78
7.77
Coupon issues due In: 4/
9 to 12 months .......................................................
5.49
5.47
5.43
5.43
5.43
5.45
6.46
3 to 5 years ............................................................
6.73
6.71
6.69
6.69
6.70
6.70
6.63
10 years or more (long-term).
7.20
7.20
7.19
7.18
7.18
7.19
7.18
Price of long-term Treasury bonds 5 / 6 /
55.84
55.84
55.91
55.98
55.98
55.91
55.95
Average yields on corporate bonds (Moody's) . .
8.52
8.53
8.52
8.53
8.64
8.53
8.51
A a a ......................................................................................
8.11
8. 10
8.10
8.09
8.09
8 .1 0
9.09
B a a .....................................................................................
9.10
9.10
9.10
9.11
9 .0 9
9.1?
9.11
Sj_ate and local government Aaa (Moody*s) .
. .
5.20
5. 20
6.20
1J
7 - day average for statement week ended on pr seeding Wednesday.
2/ B i l l s quotoc on bank T T s count has i s .
3/ Yields
traded issues adjusted to constant m a t ur i t i e s .
n e m s on a c tuivv e il y iraaea
Source: U.S. Treasury Department.
5/ Bonds nei the r due nor ca ll ab le in less than 10 years.
4/ Unweighted average of a l l issues outstanding.
6/ Derived from "long-term" y i e l d above on the basis of an assumed 20-year bond with a 3 per cent coupon.
*
Ar n f f l t . r n 3. P 7 6 .



t

5.15
5.30
5.13
5.10
6./5
5.50

4.97
5.34
5.76
6.1?
n.a.
7.05
7.40
7.57
7.66
7. ?()
n. i .
6.03
7.14
6.78
58.91
9.19
3.46
10.03
5.77