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FEDERAL

RESERVE

statistical
''
H.15

U. S. GOVERNMENT SECURITY YIELDS AND PRICES
Calendar week ending July 31, 1971

July
26

July
27

July
28

Yields (per cent per annum)
Auction average:
•3-month bills
6-month bills
Market yield:
3-month bills
6-month bills
1-year bills
Other issues, due in
9-12 months 1/
Issues, due in 3-5
years 2/
Bonds, due or callable
in 10 years or more 3/
^rices
Bonds, due or callable
in 10 years or more 4/
Note:

*

release

RE^ •

July
29

Weekly averages
This
Last
Year
ago*
week
week

July
30

5.554
5.833

5.554
5.833

5.546
5.724

6.345
6.429

5.46
5.77
5 .80

5.40
5.79
5.89

5.43
5.83
5.92

5.34
5.76
5.88

5.31
5.70
5.84

5 .39
5.77
5 .87

5.45
5.73
5.77

6.37
6.47
6.52

6.00

5.99

6.03

6.01

5.99

6.00

5.85

6.93

6.94

6.94

6.94

6.91

6.85

6.92

6.82

7 .58

5.96

5.96

5.97

5.95

5.94

5.96

5.91

6.54

65.68

65.68

65.59

65.77

65.86

65.72

66.09

60.79

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

As of Aug. 1, 1970.

1_/

Currently includes the 4-3/4 per cent note of May 15, 1972 , the 6-3/4 per cent
note of May 15, 1972, and the 2-1/2 per cent bond of June 15, 1967-72.

2_/

Currently
5-5/8 per
3-7/8 per
5-3/4 per
5-3/4 per

includes the
cent note of
cent bond of
cent note of
cent note of

3/

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

includes
cent of
cent of
-cent of

4/

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

following notes and bonds:
8/15/74
6
per
11/15/74
5-7/8 per
11/15/74
6-1/4 per
2/15/75
6-1/2 per

cent
cent
cent
cent

the following bonds due or callable in
1985
4
per cent
1990
4-1/8 per cent
1987-92
3
per cent
3-1/2 per cent

GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD

note
note
note
note
10
of
of
of
of

of
of
of
of

5/15/75
8/15/75
2/15/76
5/15/76

years or more:
1988-93
1989-94
1995
1998

August 2, 1971