[Economic Indicators September, 2001]
[Page Number 30]
[From the U.S. Government Publishing Office, www.gpo.gov]
INTEREST RATES AND BOND YIELDS
Short-term interest rates fell in September.
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[Percent per annum]
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U.S. Treasury security yields High-grade
---------------------------------------- municipal Prime Discount New-home
Constant maturities \2\ bonds Corporate commercial rate (N.Y. Prime rate Federal mortgage
Period 3-month --------------------------- (Standard Aaa bonds paper, 6 F.R. Bank) charged by funds yields
bills (new & Poor's) (Moody's) months \1\ \4\ banks \4\ rate \5\ (FHFB) \6\
issues) \1\ 3-year 10-year 30-year \3\
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1991 ......................... 5.42 6.82 7.86 8.14 6.89 8.77 5.85 5.45 8.46 5.69 9.32
1992 ......................... 3.45 5.30 7.01 7.67 6.41 8.14 3.80 3.25 6.25 3.52 8.24
1993.......................... 3.02 4.44 5.87 6.59 5.63 7.22 3.30 3.00 6.00 3.02 7.20
1994.......................... 4.29 6.27 7.09 7.37 6.19 7.96 4.93 3.60 7.15 4.21 7.49
1995.......................... 5.51 6.25 6.57 6.88 5.95 7.59 5.93 5.21 8.83 5.83 7.87
1996.......................... 5.02 5.99 6.44 6.71 5.75 7.37 5.42 5.02 8.27 5.30 7.80
1997.......................... 5.07 6.10 6.35 6.61 5.55 7.26 5.62 5.00 8.44 5.46 7.71
1998.......................... 4.81 5.14 5.26 5.58 5.12 6.53 * 4.92 8.35 5.35 7.07
1999.......................... 4.66 5.49 5.65 5.87 5.43 7.04 * 4.62 8.00 4.97 7.04
2000.......................... 5.85 6.22 6.03 5.94 5.77 7.62 * 5.73 9.23 6.24 7.52
2000:Sept..................... 6.00 6.02 5.80 5.83 5.64 7.62 * 6.00-6.00 9.50-9.50 6.52 7.52
Oct..................... 6.10 5.85 5.74 5.80 5.65 7.55 * 6.00-6.00 9.50-9.50 6.51 7.53
Nov .................... 6.19 5.79 5.72 5.78 5.60 7.45 * 6.00-6.00 9.50-9.50 6.51 7.47
Dec .................... 5.83 5.26 5.24 5.49 5.30 7.21 * 6.00-6.00 9.50-9.50 6.40 7.40
2001:Jan ..................... 5.27 4.77 5.16 5.54 5.15 7.15 * 6.00-5.00 9.50-9.00 5.98 7.20
Feb .................... 4.93 4.71 5.10 5.45 5.21 7.10 * 5.00-5.00 8.50-8.50 5.49 7.10
Mar..................... 4.50 4.43 4.89 5.34 5.19 6.98 * 5.00-4.50 8.50-8.00 5.31 7.04
Apr..................... 3.92 4.42 5.14 5.65 5.33 7.20 * 4.50-4.00 8.00-7.50 4.80 7.07
May..................... 3.67 4.51 5.39 5.78 5.35 7.29 * 4.00-3.50 7.50-7.00 4.21 7.12
June.................... 3.48 4.35 5.28 5.67 5.24 7.18 * 3.50-3.25 7.00-6.75 3.97 7.12
July.................... 3.54 4.31 5.24 5.61 5.22 7.13 * 3.25-3.25 6.75-6.75 3.77 7.11
Aug..................... 3.39 4.04 4.97 5.48 5.06 7.02 * 3.25-3.00 6.75-6.50 3.65 7.15
Sept.................... 2.87 3.45 4.73 5.48 5.09 7.17 * 3.00-2.50 6.50-6.00 3.07 ..........
Week ended:
2001:Sept15................... 3.18 3.44 4.68 5.39 5.03 7.00 * 3.00-3.00 6.50-6.50 3.49 ..........
22................. 2.56 3.27 4.70 5.55 5.10 7.34 * 3.00-2.50 6.50-6.00 2.47 ..........
29................. 2.38 3.22 4.66 5.51 5.20 7.27 * 2.50-2.50 6.00-6.00 2.99 ..........
Oct 6................... 2.32 3.14 4.53 5.33 5.06 7.06 * 2.50-2.00 6.00-5.50 2.71 ..........
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\1\ Bank-discount basis.
\2\ Yields on the more actively
traded issues adjusted to constant
maturities by the Treasury
Department.
\3\ Weekly data are Wednesday
figures.
\4\ Average effective rate for
year; opening and closing rate for
month and week.
\5\ Daily effective rate;
average of the rates on a given day
weighted by the volume of
transactions at these rates.
\6\ Effective rate (in the
primary market) on conventional
mortgages, reflecting fees and
charges as well as contract rate and
assumed, on the average, repayment
at end of 10 years.
*Series no longer published by
Federal Reserve (FR). See FR release
H. 15 Selected Interest Rates, May
12, 1997.
Sources: Department of the
Treasury, Board of Governors of the
Federal Reserve System, Federal
Housing Finance Board, Moody's
Investors Service, and Standard &
Poor's.