View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

• • OfCOW ••.

FEDERAL

RESERVE

statistical

U. S. GOVERNMENT SECURITY YIELDS A N D PRICES
Calendar week ending January 19, 1974

H. 15

Jan.
14

Jan.
15

Jan.
16

Yields (per cent per annum)
A u c t i o n Average:
3-month bills
6-month bills
Market Yields:
3-month bills
6-month bills
1-year bills
Other issues, due in
9-12 months 1/
Issues, due in 3-5
years 2j
Bonds, due or callable
in 10 years or more 3/
Prices
Bonds, due or callable
in 10 years or more 4/
NOTE:

*

release

Jan.
17

Jan.
18

7.983
7.867

W e e kly Average
Last
This
Year
week
ago*
week

7.983 7.615 5.277
7.867 7.56C 5.540

7.96
7.86
7.18

7.89
7.78
7.02

7.90
7.80
7.02

7.86
7.75
6.98

7.86
7.76
6.99

7.89
7.79
7.04

7.72
7.66
7.07

5.40
5.63
5.52

7.54

7.53

7.52

7.50

7.51

7.52

7.41

5.80

6.96

6.93

6.95

6.91

6.95

6.94

6.88

6.27

6.58

6.58

6.58

6.56

6.55

6.57

6.57

5.98

60.50 60.50 60.50 60.66 60.74

60.58 60.61 65.54

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 January 20, 1973.

1/ Currently includes the 3-7/8 per cent bond of November 15, 1974, the 5-3/4
per cent note of November 15, 1974, and the 5-7/8 per cent note of December
31, 1974.
2J Currently includes the following notes:
8
per cent of 2/15/77
6 - 1 / 4 per cent of 2/15/78
7 - 3 / 4 per cent of 8/15/77
6
per cent of 11/15/78
3J Currently
6 - 3 / 8 per
3 - 1 / 4 per
6 - 1 / 8 per
3-1/2 per
4 - 1 / 4 per
4
per

includes the following bonds due or callable in 10 years or more:
cent of 1984
6 - 3 / 4 per cent of 1993
cent of 1985
7-1/2 per cent of 1988-93
cent of 1986
4 - 1 / 8 per cent of 1989-94
cent of 1990
3
per cent of 1995
cent of 1987-92
7
per cent of 1993-98
cent of 1988-93
3-1/2 per cent of 1998

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

G O V E R N M E N T FINANCE SECTION, FEDERAL RESERVE BOARD

J A N U A R Y 21, 1974