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FEDERAL RESERVE statistical release
SELECTED INTEREST RATES
(Yields in percent per annum)
Calendar week ending Mar. 20, 1981

H,15 (519)

Instruments
Federal funds (effective)
Commercial paper 2/4/
1-month
3-month
. . .
6-month
Finance paper placed directly 2/
1-month
3-month
6-month
Bankers' acceptances (top-rated)
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
,
Corporate bonds (Moody 1 s), seasoned
All industries
. . .,
Aaa
,
Baa ,
,
State and local bonds (Moody 1 s), Aaa

For Immediate Release
March 23, 1981

Mar.
16

Mar.
17

Mar.
18

Mar.
19

Mar.
20

14.18

14.27

13.00

13.05

13.16

U.1J-

15.53^

13.91
13.68
13.31

13.77
13.54
13.24

13.09
12.91
12.65

12.62
12.48
12.19

12.74
12.68
12,43

13.23
13.06
12.76

14.59
14.42
13.99*

13.15
12.95
12.80

13.00
12.70
12.65

12.60
12.50
12.35

12.43
12.40
12.25

12.35
12.25
12.05

12.71
12.56
12.42

14.49
13.67
13.43

13.55
13.10

13.40
13.10

12.50
12,15

12.80
12.30

12.85
12.45

13.02
12.62

14.25
13.83

14.00
14.00
13.99
18.00
13.00

13.96
14.01
14.03
17.50
13.00

13.38
13.39
13.39
17.50
13.00

12.94
12.99
12.94
17.50
13.00

13.01
13.25
13.23
17.50
13.00

13.46
13.53
13.52 ,

14.90
14.92
14.91^

12.758
12.096

This
Wee!

17.86±
13.00-

18.7lf4

12.758
12.096

13.996
13.427

13. OO -'

13.02
12.28
11.96

12.95
12.20
11.91

12.45
11.58
11.50

12.36
11.74
11.56

12.36
11.79
11.53

12.63
11.92
11.69

13.79
13.10
12.46

13.28
13.30
13.27
13.15
12.92
12.85
12.61
12.41

13,21
13.20
13.20
12.97
12.80
12.68
12.55
12.25

12.72
12.75
12.85
12.80
12.69
12.58
12.42
12.16

12.79
12.84
12.98
12.95
12.81
12.67
12.51
12.28

12.82
12.88
12.99
13.01
12.91
12.77
12.61
12.34

12.96
12.99
13.06
12.98
12.83
12.71
12.54
12.29

13.92
13.70
13.55
13.33
13.14
13.04
12.87
12.62

14.16
13.20
15.25

14.13
13.13
15.28

14.03 ! 14.00
12.98 j 12.94
15.18
15.12

14.06
13.03
15.19

14.08
13.06
15.20
9.20

14.27
13.31
15.40

9.20

9.80

7-day average for statement week ended on preceding Wednesday;
Quoted on bank-discount basis.
Yields on actii'ely traded issues adjusted tc constant maturities. Source: U.S. Treasury.
Rates on the commercial paper placed for firms whose bond rating is Aa or the equivalent.
The average for Che week ending Mar. 6 should have read 14.82, rather than 14,83.