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FEDERAL

RESERVE

statistical
H. 15

release

U. S. GOVERNMENT SECURITY YIELDS AND PRICES
Calendar week ending December 4, 1971
Nov.
29

Nov.
30

Dec.
1

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 J\J
Issues, due in 3-5
years 2/
Bonds, due or callable
in 10 years or more 3/.
Prices
Bonds, due or callable
in 10 years or more 4/

Dec.
2

Dec.
3

Weekly averages
Last
Year
This
week
ago*
week

4.324
4.431

4.324
4.431

4.236
4.411

5 o084
4.979

4.33
4.49
4.61

4.98
4.95
4.93

4.34
4.47
4.64

4.31
4.43
4.63

4.31
4.42
4 ยป60

4.28
4.42
4.59

4.28
4.15
4.36
4.42
4.55 ' 4 o 60

4.73

4.66

4.60

4.59

4.57

4.63

4.69

5.05

5.62

5.55

5.52

5.49

5.44

5.52

5.63

5.81

5.58

5.57

5 o 57

5.59

5.58

5.58

5.56

5.93

69.15

69.24

69.05

69.15

69.17

69.34

65.93

69.24

Note: Yields are averages of those computed by the 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 Dec. 5, 1970.

1/ Currently includes the 2-1/2 per cent bond of Sept. 1967-72 and the 6 per cent
note of Nov. 15, 1972 .
, '}
2J Currently
5-3/4 per
5-7/8 per
6
per
5-7/8 per
7
per

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

following notes:
2/15/74'
2/15/75
5/15/75
8/15/75
11/15/75

6-1/4
6-1/2
7-1/2
6-1/4

per
per
per
per

cent
cent
cent
cent

3/ Currently includes the following bonds due or callable in 10
~ 3-1/4 per cent of 1985
4
per cent
6-1/8 per cent of 1986
4-1/8 per cent
3-1/2 per cent of 1990
3
per cent
4-1/4 per cent of 1987-92
3-1/2 per cent

note
note
note
note

of
of
of
of

2/15/76
5/15/76
8/15/76
11/15/76

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

4/ Prices derived from average market yields on the basis of an assumed 3 per cent,
20-year bond.
GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD

December 6, IS71