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FEDERAL RESERVE statistical release
These data are released each Monday. The availability of the release Is announced on (202) 452-3206.

H.15 (519)

SELECTED INTEREST RATES

For immediate release
May 19,1997

Yields in percent per annum

Week Ending
Instruments
Federal funds (effective)123
Commercial paper 3 4 5
1-month
3-month
6-month
Finance paper placed directly 3 4 6
1-month
3-month
6-month
Bankers acceptances (top rated) 3 4 7
3-month
6-month
CDs (secondary market)3 8
1-month
3-month
6-month
Eurodollar deposits (London)3 9
1-month
3-month
6-month
Bank prime loan 2 3 1 0
Discount window borrowing 2 1 1
U.S. government securities
Treasury bills
Auction average 3 4 1 2
3-month
6-month
1-year
Secondary market3 4
3-month
6-month
1-year
Treasury constant maturities13
3-month
6-month
1-year
2-year
3-year
5-year
7-year
10-year
20-year
30-year
Composite
Over 10 years (long-term)14
Corporate bonds
Moody's seasoned
Aaa
Baa
A-utillty 15
State & local bonds 16
Conventional mortgages17

See overleaf for footnotes

1997
May
12

1997
May
13

1997
May
14

1997
May
15

1997
May
16

May
16

May
9

5.49

5.42

5.45

5.51

5.44

5.49

5.55

5.51

5.60
5.69
5.79

5.60
5.69
5.78

5.61
5.69
5.77

5.62
5.70
5.78

5.62
5.70
5.79

5.61
5.69
5.78

5.60
5.70
5.79

5.61
5.71
5.79

5.53
5.61
5.68

5.52
5.60
5.67

5.53
5.61
5.66

5.55
5.60
5.67

5.55
5.60
5.68

5.54
5.60
5.67

5.53
5.63
5.69

5.51
5.61
5.60

5.63
5.72

5.63
5.70

5.61
5.71

5.63
5.71

5.63
5.71

5.63
5.71

5.65
5.74

5.62
5.71

5.57
5.70
5.87

5.57
5.70
5.86

5.59
5.70
5.87

5.60
5.71
5.89

5.61
5.71
5.88

5.59
5.70
5.87

5.57
5.71
5.89

5.57
5.71
5.90

5.56
5.69
5.88
8.50
5.00

5.56
5.66
5.81
8.50
5.00

5.56
5.69
5.88
8.50
5.00

5.56
5.69
5.88
8.50
5.00

5.56
5.69
5.88
8.50
5.00

5.56
5.68
5.86
8.50
5.00

5.56
5.69
5.88
8.50
5.00

5.56
5.70
5.89
8.50
5.00

5.08
5.30

5.14
5.37

5.17
5.35
5.66

5.08
5.30

1997
Apr

5.04
5.26
5.52

5.10
5.33
5.55

5.05
5.30
5.53

4.99
5.31
5.51

5.06
5.34
5.54

5.05
5.31
5.53

5.06
5.32
5.57

5.16
5.37
5.64

5.24
5.55
5.85
6.23
6.37
6.50
6.60
6.65
6.96
6.88

5.24
5.55
5.88
6.30
6.44
6.60
6.67
6.71
7.01
6.92

5.19
5.52
5.86
6.26
6.41
6.54
6.64
6.68
6.98
6.90

5.13
5.54
5.84
6.25
6.39
6.52
6.61
6.67
6.96
6.88

5.20
5.57
5.87
6.28
6.41
6.55
6.64
6.70
7.00
6.91

5.20
5.55
5.86
6.26
6.40
6.54
6.63
6.68
6.98
6.90

5.21
5.55
5.90
6.30
6.44
6.57
6.66
6.70
7.00
6.91

5.30
5.60
5.99
6.45
6.61
6.76
6.86
6.89
7.20
7.09

6.94

6.99

6.96

6.94

6.97

6.96

6.98

7.18

7.53
8.16

7.57
8.19

7.55
8.17

7.54
8.15

7.56
8.17
8.00

7.55
8.17
8.00
5.67
7.91

7.56
8.18
7.97
5.71
7.94

7.73
8.34
8.23
5.88
8.14

5.67
7.91