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FEDERAL

SSl'f.p

statistical

RESERVE

release

•f
H. 15

U. S. GOVERNMENT SECURITY YIELDS AND PRICES
Calendar week ending September 21, 1968
Sept.
16

Sept.
17

Sept.
18

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

Price
Bonds, due or callable
in 10 years or more 4/

*

Sept.
20

5.218
5.248

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/

Note:

Sept.
19

Weekly/averages
Cast
This
Year
ago*
week
week

5.218
5.248

5.246
5.277

4.490
4.998

5.22
5.28
5.20

5.22
5.28
5.18

5.15
5.21
5.14

5.16
5.22
5.16

5.17
5.24
5.18

5.18
5.25
5.17

5.28
5.31
5.24

4.54
5.04
5.15

5.39

5.39

5.39

5.39

5.38

5.39

5.46

5.27

5.31

5.29

5.25

5.25

5.27

5.27

5.36

5.44

5.10

5.09

5.07

5.07

5.08

5.08

5.12

5.01

73.86

73.96

74.17

74.17 >74.07

74.05

74.80
i
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.
73.67

As of September 23, 1967,

1_/

Currently includes the 6 per cent note of August 15, 1969.

2/

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

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

3/

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

includes the following bond3 due or callable in 10 years or more:
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
cent of 1987-92

4/

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

following notes and bonds:
11/15/71
4-3/4 per cent note of 5/15/72
11/15/71
4
per cent bond of 8/15/72
2/15/72
4
per cent bond of 8/15/73
2/15/72

GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD

September 23, 1968