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of

COW- ' .

FEDERAL

RESERVE

statistical
' • f?4L RE^^'
H.15

release

U. S. GOVERNMENT SECURITY YIELDS AND PRiefiSCalendar week ending May 8, 197/1

May
3

May
4

May
5

Yields (per cent per annum)
Auction average:
3-month bills
6-month bills
Market yield:
3-month bills
6-month bills
1-year bills
Other issues, due in
9-12 months 1/
Issues, due in 3-5
years 2/
Bonds, due or callable
in 10 years or more 3/
Prices
Bonds, due or callable
in 10 years or more 4/

May
6

Weekly averages
This
Last
Year
week
week
ago*

May
7

'3.865
4.182

3.865
4.182

3.86 5
4.087

7.184
7.493

3.84
4.19
4.40

3.84
4.22.
4.45

3.92
4.25
4.50

3.82
4.18
4.49

3.78
4.14
4.47

3.84
4.20
4.46

3.93
4.2 2
4.44

6.80
6.93
7.06

4.64

4.68

4.73

4.72

4.69

4.69

4.53

7.65

5.86

5.90

5.95

5.95

5.92

5.92

5.77

7.96

5.86

5.94

5.93

5.94

5.92

5.92

5.81

6.85

66 .57

6 5.86

65.95

65.86

66 .03

66 .05

6 7.06

58.41

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 May 9, 1970.

\J

Currently includes the 4 per cent bond of Feb. 15, 1972, the 4-3/4 per cent note
of Feb. 15, 1972, and the 7-1/2 per cent note of Feb. 15, 1972.

2/

Currently
4-1/4 per
7-1/4 per
5-5/8 per
3-7/8 per
5-3/4 per

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

3/ Currently includes
~
3-1/4 per cent of
3-1/2 per cent of
4-1/4 per cent of

following notes and bonds:
5/15/74
5-3/4 per
5/15/74
6
per
8/15/74
5-7/8 per
11/15/74
6-1/4 per
11/15/74

cent
cent
cent
cent

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

note
note
note
note

10
of
of
of
of

of
of
of
of

2/15/75
5/15/75
8/15/75
2/15/76

years or more:
1988-93
1989-94
1995
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

May 10, 1971