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FEDERAL

RESERVE

s t a t i s t i c,a L

, r e l e a s e

• f*4L R
H. 15

U. S. GOVERNMENT SECURITY YIELDS AND PRICES
Calendar week ending January 2, 1971
Dec.
28

Dec.
29

Dec.
30

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

Dec.
31

4.830
4.836

Jan.
1

C
L
0
s
E
D

Weekly averages
Last
This
Year
week
week
ago*

4.830
4.836

4.727
4.765

7.804
7.815

4.87
4.88
4.86

4.82
4.87
4.88

7.82
7.82
7.67

4.84
4.84
4.86

4.90
4.92
4.92

4.89
4.91
4.92

4.85
4.86
4.74

4.83

4.86

4.87

4.83

4.85

4.85

8.44

5.92

5.96

5.93

5.94

5.94

5.96

8.10

6.12

6 .17

6.16

6.17

6.16

6.05

6.92

64.29

63.86

63.95

63.86

63.99

64.88

57.92

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 December 27, 1969.

1/ Currently includes the 3-7/8 per cent bond of Nov. 15, 1971, the 5-3/8 per cent
note of Nov. 15, 1971, and the 7-3/4 per cent note of Nov. 15, 1971.
2/

Currently
4-1/8 per
7-3/4 per
4-1/4 per
7-1/4 per

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

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

following notes and bonds:
2/15/74
5-5/8 per cent note
2/15/74
3-7/8 per cent bond
5/15/74
5-3/4 per cent note
5/15/74
5-3/4 per cent note
6
per cent note

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

10
of
of
of
of

of
of
of
of
of

8/15/74
11/15/74
11/15/74
2/15/75
5/15/75

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

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

January 4, 1971