Full text of H.15 Selected Interest Rates : November 13, 1984

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

FEDERAL RESERVE statistical release
H.15(51«

For Immediate release
NOVEMBER 1 3 , 19

SELECTED INTEREST RATES
Yields in percent per annum

Instrument*

NCV

10?

IOV

5

6

7

9.57
FEDERAL FUNDS (EFFECTIVE) 1 /
COMMERCIAL PAPEB
2/3/
1-HONTB
9.41
3-flONTB
9.40
6-HONTB
9.39
FINANCE PAPSR PLACED DIfiBCTLY 2/
1-MONTH
9.39
3-MO NTH
9.30
6-MONTH
9.26
BANKERS ACCEPTANCES (TOP RATED) 2 /
3-HONTH
9.25
6-MONTH
9.20
CDS (SECOIDAfil BARKET)
1-HONTB
9.46
3-BONTB
9.54
6-HONTH
9.71
BANK PRIME LOAN
1/4/
12.00
DISCOUNT WINDOW BORROWING 1 / 5 /
9.00
U . S . GOVERNMENT SECORITIES
TREASORI BILLS
AUCTION AVERAGE 2 / 6 /
3-HO NTH
6-SONTH
1-YEAB
AUCTION AVERAGE (I1VBSTHEIIT) 6 /
3-MONTH
6-HONTfl
SECONDARY MARKET 2 /
3-HONTH
8.67
6-HONTH
9.02
1-YBAH
9.17
TREASOBT CONSTANT BATORITIES 7 / 8 /
1-TEAB
10.01
2-YEAH
10.79
3-YEAR
10.99
5-YEAR
11.40
7-YBAB
11.52
10-YEAR
11.60
20-YEAR
11.58
11.50
30-YEAB
COMPOSITE
11.20
OVER 10 YEARS (LONG-TERM) 9 /
CORPORATE BOHDS
NOODY'S SEASONED
12.38
AAA
13.57
BAA
A-UTILITY 1 0 /
STATE £ LOCAL BOMDS 1 1 /
CONVENTIONAL MORTGAGES 1 2 /
1.
2.
3.
4.
5.
6.
7.
8.
9.
.
11.
12.

Week ending
NOT
NOV

MOV
8

IOV

9

9

2

OCT

9.47

9.35

9.76

9.50

9.87

9.73

M

8.99
9.05
9.06

9.12
9.15
9.18

9.15
9.14
9.15

9.17
9.19

9.51

9.56
9.61

10.05
10.12
10.16

8.92
8.89
8.95

9.05
8.96
8.95

9.11
8.99
8.96

9.12

9.04
9.03

9.45
9.35
9,31

9.92
9.87
9.87

9.00
9.05

9.15
9.20

9.10
9.15

9.13
9.15

9.49
9.52

10.13
10.14

9.13
9.23
9.39
12.00
9.00

9.24
9.35
9.57
12.00
9.00

9.22
9.31
9.54
11.75

9.26

A
R
K
E

9.20

9.99

T

12.00
9.00

c

9.36
9.55
12.00
9.00

9.55

9.66
9.95
12.29
9.00

10.19
10.38
10.63
12.58
9.00

8.82
9.07

8.82
9.07

9.38
9.59
9.45.

9.97
10.05
10.32

9.15

9.15
9.64

9.74
10.22

10.36
10.74

9.00

L

o
s
E

12.37
13.56

9.64
8.55
8.86

8.75
9.01
9.22

8.64
8.91
9.11

8.65
8.95
9.15

9.10
9.33
9.43

9.74
9.87
9.93

10.80
11.05
11.45
11.63
11.72
11.73
11.63

9.93

10.06
10.95
11.15
11.55
11.74
11.81
11.86
11.78

9.91
10.81
11.05
11.47
11.71
11.76
11.66

9.98
10.84
11.06
11.47
11.63
11.71
11.73
11.64

10.31
11.08
11.33
11.58
11.69
11.76
11.69
11.62

10.90
11.60
11.85
12.06
12.16
12.16
12.04
11.98

11.33

11.45

11.36

11.34

11.32

11.66

12.46
13.55

12.51
13.57

12.42
13.51
13-09

12.43
13,55
13.09
10.17
13.74

12.50
13.61
13.06
10. 11
13.85

12.63
13.94
13.52
10.25
14. 13

9.11

\

11.63

10.17
13.74

WEEKLY FIGURES ARE AVERAGES OF 7 CALENDAR DAYS ENDING Of WEDNESDAY OF THE CORRECT WEEK;
MONTHLY FIGURES INCLUDE EACB CALENDAR DAY IV THE MONTH.
QUOTED 0 1 BAII-DISCOTJIT B A S I S .
SATES O* COBHERCIAL PAPEB PLACED FOR FIRBS WHOSE BOND HATING I S AA OR THE EQUIVALENT.
RATE CHARGED BY BANKS 0 1 SHORT-TERM BUSINESS LOANS.
BATE FOR THE FEDERAL RESERVE BANK OF HEW YORK.
ISSUE DATE.
YIELDS OH ACTIVELY TRADED ISSUES ADJUSTED TO CONSTANT MATURITIES.
SOURC8: U . S . TREASURY.
SEE REVERSE FOR A DESCRIPTON OF THE CONSTANT BATORITY S E R I E S .
UNWEIGHTED AVERAGE OF ALL ISSUES OUTSTANDING OF BONDS NEITHER DDE NOR CALLABLE IN LESS THAN 10 YEARS,
INCLUDING SEVERAL VERY LOW YIELDING "FLOWER* BONDS.
ESTIMATE OF THE YIELD ON A RECENTLY-OFFERED, A-RATBD UTILITY BOND WITH A MATOBITY Of 3 0 YEARS AND CAIL
PROTECTION OF 5 YEARS; FRIDAY QUOTATIONSBOND BUYER INDEX, GENERAL OBLIGATION, 2 0 YEARS TO HATUHITY, MIXED QUALITY; THURSDAY QUOTATIONS.
CONTRACT INTEREST RATES ON COMMITMENTS FOR FIXBD-RATB FIRST MORTGAGES.
SOURCE: FHLHC.

NOTE: WEEKLY AND MONTHLY FIGURES ARE AVERAGES OF DAILY RATES, EXCEPT FOR STATE & LOCAL BONDS,
WHICH ARE BASE® ON THURSDAY FIGURES, AND CONVENTIONAL MORTGAGES AND A-UTILITY BONDS,
BOTH OF WHICH ARE BASED ON FRIDAY FIGURES.




SELECTED INTEREST RATES
YIELDS IN PERCENT PER ANNUM
WEEK ENDING WEDNESDAY
WEEK ENDED
1984 :
NOV :
7
FEDERAL FUNDS (EFFECTIVE) 1/
3-MONTH TREASURY BILL 2/
3-MONTH COMMERCIAL PAPER 2/
3-MONTH CD (SECONDARY MARKET)
3-MONTH EURODOLLAR 3/
U. S. GOVERNMENT BOND 4/

9.87
8.81
9.36
9.46
9.75
11.64

1984 :
OCT :
31 :

4 WEEKS ENDED
1984 :
NOV :
7 :

1984
OCT
17

9.82 : 10.54
:
9.73 :
:
9.20 :
9.36 : 10.13
9.52 :
9.74 : 10.62
:
9.72
9.95 : 10.90
•
: 10.11 : 10.29 : 11.28
: 11.77 : 11.83 : 12.29

FEDERAL FUNDS RATES ARE AVERAGES OF EFFECTIVE RATES FOR
SEVEN CALENDAR DAYS ENDING ON WEDNESDAY.
2. QUOTED ON BANK DISCOUNT BASIS, if
3- FOR INDICATION PURPOSES ONLY.
4. YIELD AT 20-YEAR CONSTANT MATURITY. SOURCE: U.S. TREASURY

DESCRIPTION OF THE TREASURY CONSTANT MATURITY SERIES
YIELDS ON TREASURY SECURITIES AT "CONSTANT MATURITY" ARE
ESTIMATED FROM THE TREASURY'S DAILY YIELD CURVE. THIS CURVE, WHICH
RELATES THE YIELD ON A SECURITY TO ITS TIME TO MATURITY, IS BASED ON
THE CLOSING MARKET BID YIELDS ON ACTIVELY-TRADED TREASURY SECURITIES
IN THE OVER-THE-COUNTER MARKET. THESE MARKET YIELDS ARE CALCULATED
FROM COMPOSITES OF QUOTATIONS REPORTED BY FIVE LEADING U.S.GOVERNMENT
SECURITIES DEALERS TO THE FEDERAL RESERVE BANK OF NEW YORK.
THE CONSTANT YIELD VALUES ARE READ FROM THE YIELD CURVE AT
FIXED MATURITIES, CURRENTLY 1, 2, 3, 4, 5, 7, 10, 20, AND 30 YEARS.
THIS METHOD PERMITS ESTIMATION OF THE YIELD FOR A 10-YEAR MATURITY,
FOR EXAMPLE, EVEN IF NO OUTSTANDING SECURITY HAS EXACTLY 10 YEARS
REMAINING TO MATURITY.