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FEDERAL

RESERVE

statistical

release

f W RE^'
H.15

U. S. GOVERNMENT SECURITY YIELDS AND PRICES
Calendar week ending June- 5, 1971
May
31

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

June
1

June
2

C
L

June
3

June
4

4.344
4.508

Weekly averages
Last
rear
week
ago*
week
THIS

4.344
4.508

4.478
4.578

6.824
6.858

u

Market yield:
3-month bills
6-month bills
1-year bills
O t h e r i s s u e s , due
9-12 months
I s s u e s , due

s
E
D

4.32
4.58
4., 78

4.26
4.46
4.75

4.24
4.45
4.74

4.32
4.58
4.86

4.28
4.52
4.78

6.82
4.38
4.46 - 6.88
7.01
4.73

5.08

4.94

4.92

5.02

4.99

5.08

7.52

5.98

5.86

5.88

5.97

5.92

5.97

7.76

5.85

5.77

5.74

5.79

5.79

5.90

7.00

66 .66

67.39

67.66

67.20

67.23

66.18

57.29

in

1/

in 3 - 5

years 2/
Bonds, due or callable
in 10 years or more 3/
Prices
Bonds, due or callable
in 10 y e a r s

or m o r e

4/

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 June 6, 1970.

1/ Currently includes the 4-3/4 per cent note of May 15, 1972, and the 6-3/4 per cent
note of May 15, 1972.
2/ Currently
5-5/8 per
3-7/8 per
5-3/4 per
5-3/4 per
3/ Currently
3-1/4 per
3-1/2 per
4-1/4 per

includes the following notes and bonds:
6
per cent
cent note of 8/15/74
5-7/8 per cent
cent bond of 11/15/74
cent note of 11/15/74
6-1/4 per cent
cent note of 2/15/75
6-1/2 per cent
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

note of 5/15/75
note of 8/15/75
note of 2/15/76
note of 5/15/76
10 years or more:
of 1988-93
of 1989-94
of 1995
of 1998

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

June 7, 1971