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FEDERAL RESERVE statistical release
For immediate release
FEBRUARY 2 8 , 1983

H.15 (519)

SELECTED INTEREST RATES

Yields in percent per annum

Instruments

FEDERAL FUNDS (EFFECTIVE) 1 /
COMMERCIAL PAPER 2 / 3 /
• 1-MONTH
3-MONTH
6-MONTH
FINANCE PAPER PLACED DIRECTLY 2 /
1-MONTH
3-MONTH
6-MONTH
BANKERS ACCEPTANCES (TOP RATED) 2 /
3-MO NTH
6-MONIH
CDS (SECONDARY MARKET)
1-MONTH
3-MONTH
6-MONTH
BANK PRIME LOAN
1/ 4 /
DISCOUNT WINDOW BORROWING 1 / 5 /
U.S.GOVERNMENT SECURITIES
TREASURY BILLS 2 /
AUCTION AVERAGE (ISSUE DATE)
3-MONTH
6-MONTH
1-YEAR
SECONDARY MARKET
3-MONTH
6-MONTH
1-YEAR
TREASURY CONSTANT MATURITIES 6 /
1-YEAR
2-YEAR
3-YEAR
5-YEAR
7-YEAR
10-YEAR
20-YEAR
30-YEAR
COMPOSITE
OVER 10 YEARS(LONG-TERM)7/
CORPORATE BONDS (MOODYS), SEASONED
ALL INDUSTRIES
AAA
BAA
STATE 6 LOCAL BONDS(MOODYS) ,AAA
CONVENTIONAL MORTGAGES 8 /

FEB
22

FEB
23

FEB
24

FEB
25

This
week

Last
week

JAN

M

8.48

8.49

8.39

8.22

8.47

8.62

8.68

A

8.19
8.22
8.25

8.18
8.19
8.22

8.14
8.13
8.18

8.04
8.08
8.11

8.14
8.16
8.19

8.32
8-34
8.37

8.19
8.17
8.15

8.20
8.18
8.23

8.11
8.05
8.05

8.05
8.05
8.05

7.98
7.98
8.00

8.09
8.07
8.08

8.27
8.31
8.36

8.03
7.96
7.97

8.20
8.25

8.25
8.25

8.20
8.20

8.00
8.00

8.16
8.18

8.34
8.39

8.19 <
8.19

8.30
8.39
8.53
11.00
8.50

8.30
8.37
8.58
11.00
8.50

8.28
8.38
8.54
11.00
8.50

8.18
8*23
8.33
11.00
8.50

8.27
8.34
8.50
11.00
8.50

8.42
8.54
8.77
11.00
8.50

8.28
8.36
8.46
11.16
8.50

7.888
7.973
8.308

8.256
8.389

7.810
7.898
8.007

7.82
7.88
7.95

7.91
8.00
8.06

8.16
8.28
8.33

7.86
7.93
8.01

FEB
21

R

K

E
T

7.888
7.973
8.308

C

L
0
S
E
D

7.91
8.06
8.10

7.96
8.06
8.12

7.93
8.01
8.07*

8.75
9.41
9.70
10.01
10.30
10.46
10.74
10.63

8.73
9.44
9.73
10.00
10.21 *
10.44
10.75
10.62

8.66
9.40
9.67
9.96
10.16
10.42
10.74
10.61

8.55
9.28
9.53
9.82
10.01
10.26
10.61
10.50

8.67
9.38
9.66
9.95
10.17
10.40
10.71
10.59

8.98
9.69Q
9.95
10.28
10.59
10.75
11.06
10.9X

8.62
9.33
9.64
10.03
10.36
10.46
10.78
10.63

10.33

10.34

10.32

10.20

10.30

10.62

10.37

12.93
11.91
13.86

12.88
11.83
13.83

12.88
11.86
13.81
8.55

12.77
11.69
13.72

12.87
11.82
13.81
8.55
12.98

13.05
12.08
13.97
8.75
13.07

12.90
11.79
13.94
9.00
13.31

12.98

WEEKLY FIGURES ARE AVERAGES OF 7 CALENDAR DAYS ENDING ON WEDNESDAY OF THE CURRENT WEEK;
MONTHLY FIGURES INCLUDE EACH CALENDAR DAY IN THE MONTH.
QUOTED ON BANK-DISCOUNT BASIS.
2,
3.
RATES ON COMMERCIAL PAPER PLACED FOR FIRMS WHOSE BOND RATING IS AA OR THE EQUIVALENT.
4.
RATE CHARGED BY BANKS ON SHORT-TERM BUSINESS LOANS.
5.
RATE FOR THE FEDERAL RESERVE EANK OF NEW YORK.
6.
YIELDS ON ACTIVELY TRADED ISSUES ADJUSTED TO CONSTANT MATURITIESSOUHCE: U.S. TREASURY.
7.
UNWEIGHTED AVERAGE OF ALL ISSUES OUTSTANDING OF BONDS NEITHER DUE NOR CALLABLE IN LESS THAN 10 YEARS,
INCLUDING SEVERAL VERY LOi YIELDING "FLOWER" BONDS.
8.
CONTRACT INTEREST RATES ON COMMITMENTS FOR FIRST MORTGAGES. SOURCE: FHLMCC - c o r r e c t e d . D a i l y r a t e s were c o r r e c t a s p u b l i s h e d .
NOTE: WEEKLY AND MONTHLY FIGURES ARE AVERAGES OF DAILY RATES, EXCEPT FOR STATE & LOCAL BONDS
AND CONVENTIONAL MORTGAGES, WHICH ARE BASED ON THURSDAY AND FRIDAY FIGURES, RESPECTIVELY.