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FEDERAL RESERVE statistical release
SELECTED INTEREST RATES
(Yields in percent per annum)
Calendar week ending June 19, 1981

H. 15(519)

Instruments
Federal funds (effective)
Commercial paper 2/4/
1-month
3-month
•
6-month
,
Finance paper placed directly 2J
1-month
.
3-month
,
6-month
Bankers' acceptances (top-rated) 2/
3-month
,
6-month
CDs (secondary market)
1-month
3-month .
6-month
Prime loan (short-term business) . .
Discount window borrowing (FRBNY) . ,
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 3/
1-year
2-year
3-year
5-year
7-year
10-year
20-year
30-year
Composite
Over 10 years (long-term) 5/
Corporate bonds (Moody's), Seasoned
All industries
Aaa
Baa
State and local bonds (Moody1s), Aaa
Conventional mortgage 6/

For Immediate Release
June 22, 1981

June
15

June
16

June
17

June
18

June
19

This
Week

18.83

19.39

21.71

20.68

20.61

19.10^/19.33-/18.52

16.86
15.68
14.59

17.00
15.65
14.58

17.14
15.81
14.69

17.40
16.11
15.13

18.21
16.69
15.52

17.32
15.99
14.90

17.41
16.24
15.12

17.91
17.56
16.66

15.83
14.25
13.85

16.30
14.20
13.80

16.10
14.20
13.80

16.13
14.40
14.00

16.70
14.20
13.80

16.21
14.25
13.85

16.90
14.87
14.37

17.47
15.56
14.97

15.50
14.35

15.60
14.50

15.85
14.70

16.80
15.40

16.70
15.50

16.09
14.89

16.10
14.78

17.56
16.26

17.07
16.12
15.25
20.00
14.00

17.12
16.12
15.35
20.00
14.00

17.20
16.21
15.54
20.00
14.00

17.56
16.86
16.01
20.00
14.00

18.43
17.71
16.82
20.00
14.00

17.48 17.61 18.16
16.60 16.72 18.27
15.79 1/ 15.88 1/ 17.66
20.00^,20.00^19.61
14.00-14.00-13.87

13.73
13.46
12.76

14.20
14.03
13.86
13.57
13.33
13.09
12.84
12.61

14.34
14.11
13.88
13.58
13.27
13.08
12.85
12.59

12.05

12.08

14.63
13.56
15.73

14.61
13.53
15.71

14.24
13.75
13.02

May

13.451 14.982 16.295
13.356 14.000 15.334
13.146
14.623

13.451
13.356
13.146
13.72
13.45
12.65

Last
Week

15.00
14.40
13.45

14.87
14.23
13.28

14.31
13.86
13.03

14.79
13.99
13.15

16.30
15.29
14.29

15.19
14.66
14.46
14.10
13.75
13.57
13.23
12.98

14.97
14.65
14.44
14.07
13.71
13.46
13.15
12.90

14.67
14.36
14.15
13.81
13.49
13.29
13.01
12.76

14.73
14.37
14.16
13.83
13.56
13.34
13.06
12.85

16.20
15.46
15.08
14.63
14.30
14.10
13.82
13.60

12.18

12.23

12.36

12.18

12.30

12.96

14.64
13.55
15.77

14.68
13.70
15.75
9.75

14.68
13.71
15.81

14.65
13.61
15.75
9.75
16.71

14.78
13.73
15.76
9.75
16.69

15.15
14.32
15.95
9.90
16.40

16.71

1. 7-day average for statement week ended on preceding Wednesday.
2. Quoted on bank-discount basis.
3. Yields on actively traded issues adjusted to constant maturities. Source: U.S. Treasury.
4. Rates on commercial paper placed for firms whose bond rating is Aa or the equivalent.
5. Unweighted average of all issues outstanding of bonds neither due nor callable in less than 10
years, including several very low yielding "flower" bonds.
6. Contract interest rates on commitments for first mortgages. Source: FHLMC. Rates on the
commercial paper for firms whose bond rating is Aa or the equivalent.