Full text of H.15 Selected Interest Rates : May 2, 1977

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

.1.

F E D E R A L

IU

R E S E R V E

statistical

SEI.FCTCO INTERF.ST RATLS AND ROND PRICES
( Yi el d in per cent per annum)
Calendar week ending April 30, 1977

re le a s e 1

For Imnediato Release
May 2, 1977

Apr.
Apr.
Apr.'
A p y . " Apr.
TTTFs
1 Last
_frr, frunii'ri ts
29
27
26
20
29
Week
Week
Federal funds ( e l T m tTve ra ti*} . . 7
. 7
. <1,09
4.'ll
4.94
4.92
5.12
4.82 1/ h 4.7i ly
Commercial paper (prime, ‘>0 to 1 ju days).
. A. 75
4.75
4.79
4.75
4.75
4.75 ~
4.75 '
Commercial paper (prime, <1 to 6 iiios.)
4.80
. 4.BO
4.88
4.88
4.88
4.86
4.86
Finance paper placed d i r e c t l y (3 to A mus
4. 79
4 . 79
4.75
4 75
4.75
4.75
4.75
Bankers' acteptincrs (prime, 90 days) . .
4.80
4.79
• 4. DO
4.78
4.93
4.82
4.76
Prime loan (large business prime r at e-maj or it y) • 6.29
6.25
6.25
6.25
6.25
6.25
6.25
Discount r.ite (Federal Reserve Bank of New York • 9.29
9.29
5.25
5.25
5.25
5.25
5.25
Yields on IJ.S. (iovernmont secu ri ti es :? /
Auction Average (Issue dat e) :
3-month b i l l .........................
4.518
4.518
4.494
6-month b i l l .......................................................
4.838
4.830
4.708
1-year b i l l
.......................................................
! iii r r.e t Yields.
3-month b i l l .......................................................
4.90
4.45
4.39
4.69
4.51
4.51
6-mont.h b i l l .......................................................
4.86
4.80
4.82
4.82
4.92
4.84
4.76
1-year b i l l ...........................................................
9.10
5.16
5.20
5.26
5.18
5.04
Treasury eonstant maturities:.!/
1- y e a r ................................... ....
6.51
9.90
5.54
5.60
5.54
5.41
2 - year
........................................................
6.01
6.01
6.00
6.03
6.14
6.04
5.92
3- y e a r .......................................................
6.41
6.33
6.35
6.36
6.46
6.38
6.23
5 - year ...........................................................
6.82
6.76
6.75
6.78
6.90
6.80
6.70
7-ycar
...........................................................
7.14
7. OR
7.09
7.14
7.25
7.14
7.04
10-year
...........................................................
7.40
/. 30
7.38
7.40
7.45
7.40
7.31
20-year
...........................................................
7.68
7.68
7.67
7.60
7.72
7.69
7.62
30-year
. . .
7.71
7.75
7.780 ■
7.85: < 7.80
7.68
Coupon issues due i n : 4/
9 tn 1? months ..........................................
9.41
9.40
5.40
5.36
5.49
5.41
5.31
3 to r> y e a r s ..............................................
6.61
6.96
6.56
6.59
6.71
6.61
6.49
10 years or more ( l o n g - t e r m ) .................
7.14
7.13
7.14
7.16
7.10
7.15
7.09
Price of long-term Treasury bonds 9/6/ . . .
66.27
56.34
56.27
56.13
56.20
55.90
56.62
Average yields on corporate bonds "(Moody's).
8.46
8.46
8.46
8.46
8.46
8.46
0.46
A a a ............................................................................
7.99
8.00
8.01
o.o;:
8.01
8.01
7.99
B a a ............................................................................
9.03
9.03
9.03
9.03
9.02
9.03
9.05
State ami local government Aaa (Moody's)- . ._
____ . ___ _ .__
5.17
5.17
5.20
1/
/-day average for statement week ended <
3/
Yields on a c t i v e l y traded issues adjusted to constant mat uri ti es? Source : U.S. Treasury Department
4/ Unweighted average of all. issues outstanding. 9/ Bonds neither due nor cal
callabl
lablee in
in less
less than
than iu
10 years
yo<
6/ Derived from "long-term" y i e l d above on the basis of an assumed 20-year bond with a 3 per cent coupon.
*
As of May 1 , W f , .




Year
Ago*

4.93 1/
5.03 *
5.15
5.13
5.07
6.75
5.50
4.909
5.230

1

4.88
5.24
5.61
6.0?
n.a.

6.91
7.30
7.49
7.62
7.94
n.a.
5.90
7.04
6.00
58.76
9.09
8.41
9.86
L 5,63

i