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RESERVE

FEDERAL
statistical

release

U. S. GOVERNMENT SECURITY YIELDS AND PRICES

H.15

Calendar week ending May 25, 1968

May
20

May
21

May
22

May
23

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

5.847
5.995

Market yield:
3-month bills
5.82
6-month bills
5.98
1-year bills
5.92
Other issues, due in
9-12 months 1/
6.32
Issues, due in 3-5
years 2/
6,10
Bonds, due or callable
in 10 years or more _3 ' 5.50
Price
Bonds, due or callable
in 10 years or more 4/
Note:

*

Weekly averages
This
Last
Year
week
ago*
week
1

May
24

69.90

5.847
5.995

5.558
5.750

3.493
3.692

5.90
6.05
6.03

5.86
6.01
6.00

5.80
5.98
5.98

5.72
5.93
5.97

5.82
5.99
5.98

5.67
5.86
5.82

3.50
3.74
3.88

6.39

6.40

6.30

6.23

6.33

6.02

4.13

6.17

6.15

6.05

5.99

6.09

5.95

4.76

5.53

5.54

5.52

5.50

5.52

5.38

4.83

69.62

69.52

69.71

69.90

69.73

71.08

76.44

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 27, 1967.

1/

Currently includes the 5-5/8 per cent note of May 15, 1969.

2/

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

includes the
cent bond of
cent bond of
cent note of

3/

Currently
3-1/4 per
4
per
3-1/2 per
3-1/4 per
3-1/2 per

includes the following bonds due or callable in 10 years or more:
cent of 1978-83
4-1/4 per cent of 1987-92
cent of 1980
4
per cent of 1988-93
cent of 1980
4-1/8 per cent of 1989-94
cent of 1985
3
per cent of 1995
cent of 1990
3-1/2 per cent of 1998

4/

Prices derived from average market yields on the basis of an assumed 3 per
cent, 20-year bond.

following notes and bonds:
8/15/71
4
11/15/71
4-3/4
11/15/71
4-3/4
4

GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD

per
per
per
per

cent
cent
cent
cent

bond
bond
note
bond

of
of
of
of

May 27, 1968

2/15/72
2/15/72
5/15/72
8/15/72