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FEDERAL

RESERVE

statistical

U. S. GOVERNMENT SECURITY YIELDS AND PRICES
Calendar week ending December 7, 1968'
i

!

Dec.
oI

Dec.
JQ

Dec.
/,
H

Yields (per cent per annum)
Auction average:
3-month bills
6-month bills

Dec .

Dec.
r

£

5

*

Weeklv averages
Last Year
This
week ago*
week

6

5.633
5.730

5.633
5.730

5.448
5.573

4.989
5.580

i
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 /
Price
Bonds, due or callable
in 10 years or more 4 /
Note:

*

i

5.61
5.71
5.66

5,6 6 q
5.76
5.68

5.70
5.80
5.71

5 .66
5.77
5.70

5.66
5.79
5.72

5.66
5.77
5.69

5.47
5.58
5.56

4.92
5.49
5.64

5.60

5 . 75

5.77

5.75

5.76

5.73

5.52

5.68

5.67

5 . 79

5.85

5.83

5.82

5.79

5.51

5.70

5.56

5.59

5.57

5.55

5.53

5.56

5.44

5.38

169.34

69.05

69.43 69.62

69.34

70.48

71.10

69.24

Yields are averages of thos e computed by the Federal Reserve Bank of Nev? York
on the basis of closing bid prices. Yields on Treasury bills are computed on
a bank discount basis.

As of December 9,

196 7.

1/

Currently includes the 4 per cent bond of October 1, 1969.

2j

Currently
4
per
4-3/4 per
4-3/4 per

3/

Currently includes the following bonds due or callable in 10 years or more:
4
per cent of 1980
4
per cent of 1988-93
3-1/2 p e r c e n t o f 1980
4-1/8 per cent of 1989-94
3-1/4 per cent of 1985
3
per cent of 1995
3-1/2 per cent of 1990
3-1/2 per cent of 1998
4-1/4 per cent of 1987-92

4/

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

includes the
cent bond of
cent bond of
cent note of

following notes and bonds:
2/15/72
4
per cent bond of 8/15/72
2/15/72
4
per cent bond of 8/15 73
5/15/72
4-1/8 per cent bond of 11/15/73

GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD

December 9, 1968