7 CFR Part 1786, Subpart E, Appendix B to Subpart E of Part 1786 - Federal Reserve Statistical Release

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View PDF at GPO Pt. 1786, Subpt. E, App. B
Appendix B to Subpart E of Part 1786—Federal Reserve Statistical Release
Federal Reserve Statistical Release
These data are released each Monday. The availability of the release will be announced when the information is available, on (202) 452-3206.
H. 15 (519)
For immediate release February 4, 1991.
Selected Interest Rates
[Yields in percent per annum]
Instruments 1991 Jan. 28 1991 Jan. 29 1991 Jan. 30 1991 Jan. 31 1991 Feb. 1 This week Last week 1991 Jan.
Footnotes:
1 The daily effective federal funds rate is a weighted average of rates on trades through N.Y. brokers.
2 Weekly figures are averages of 7 calendar days ending on Wednesday of the current week; monthly figures include each calendar day in the month.
3 Annualized using a 360-day year or bank interest.
4 Quoted on a discount basis.
5 An average of offering rates on commercial paper placed by several leading dealers for firms whose bond rating is AA or the equivalent.
6 An average of offering rates on paper directly placed by finance companies.
7 Representative closing yields for acceptances of the highest rated money center banks.
8 An average of dealer offering rates on nationally traded certificates of deposit.
9 Bid rates for Eurodollar deposits at 11 a.m. London time.
10 One of several base rates used by banks to price short-term business loans.
11 Rate for the Federal Reserve Bank of New York.
12 Auction date for daily data; weekly and monthly averages computed on an issue-date basis.
13 Yields on actively traded issues adjusted to constant maturities. Source: U.S. Treasury.
14 Unweighted average of rates on all outstanding bonds neither due nor callable in less than 10 years, including one very low yielding “flower” bond.
15 Estimate of the yield on a recently offered, A-rated utility bond with a maturity of 30 years and call protection of 5 years; Friday quotations.
16 Bond buyer Index, general obligation, 20 years to maturity, mixed quality; Thursday quotations.
17 Contract interest rates on commitments for fixed-rate first mortgages. Source: FHLMC.
Note: Weekly and monthly figures are averages of business days unless otherwise noted.
Federal Funds (effective) 1,2,3 7.61 7.16 6.96 8.18 6.30 7.46 6.88 6.91
Commercial paper 3,4,5
1-Month 6.88 6.96 6.95 6.99 6.73 6.90 6.83 7.12
3-Month 6.92 6.96 6.94 6.95 6.67 6.89 6.92 7.10
6-Month 6.87 6.91 6.88 6.88 6.58 6.82 6.86 7.02
Finance paper placed directly 3,4,6
1-Month 6.76 6.85 6.83 6.83 6.55 6.76 6.68 6.95
3-Month 6.75 6.83 6.83 6.76 6.46 6.73 6.77 6.92
6-Month 6.53 6.53 6.59 6.53 6.19 6.47 6.55 6.59
Bankers acceptances (top rated) 3,4,7
3-Month 6.80 6.82 6.77 6.68 6.30 6.67 6.76 6.96
6-Month 6.67 6.70 6.65 6.55 6.15 6.54 6.63 6.84
CDS (secondary market) 3,8
1-Month 6.78 6.85 6.87 6.82 6.52 6.77 6.77 7.10
3-Month 6.94 6.95 6.93 6.88 6.51 6.84 6.94 7.17
6-Month 6.95 6.98 6.95 6.88 6.51 6.85 6.97 7.17
Eurodollar deposits (London) 3,9
1-Month 6.81 6.88 6.88 6.88 6.88 6.86 6.81 7.13
3-Month 6.94 7.06 7.00 6.94 6.94 6.98 7.01 7.23
6-Month 7.00 7.00 7.00 6.94 6.94 6.98 7.04 7.23
Bank prime loan 2,3,10 9.50 9.50 9.50 9.50 9.50 9.50 9.50 9.52
Discount window borrowing 2,11 6.50 6.50 6.50 6.50 6.00 6.50 6.50 6.50
U.S. Government securities
Treasury bills
Auction average 3,4,12
3-Month 6.22 6.22 6.14 6.30
6-Month 6.28 6.28 6.21 6.34
1-Year 6.22
Auction average (investment) 12
3-Month 6.41 6.41 6.32 6.49
6-Month 6.58 6.58 6.50 6.64
Secondary market 3,4
3-Month 6.25 6.22 6.20 6.19 6.00 6.17 6.12 6.22
6-Month 6.26 6.26 6.24 6.20 5.97 6.19 6.20 6.28
1-Year 6.24 6.20 6.17 6.13 5.91 6.13 6.19 6.25
Treasury Constant maturities 13
1-Year 6.64 6.59 6.56 6.51 6.27 6.51 6.58 6.64
2-Year 7.12 7.10 7.07 7.05 6.83 7.03 7.09 7.13
3-Year 7.38 7.35 7.34 7.30 7.10 7.29 7.35 7.38
5-Year 7.67 7.64 7.64 7.62 7.45 7.60 7.66 7.70
7-Year 7.93 7.90 7.90 7.89 7.75 7.87 7.92 7.97
10-Year 8.06 8.05 8.05 8.03 7.91 8.02 8.04 8.09
30-Year 8.23 8.20 8.23 8.21 8.09 8.19 8.22 8.27
Composite
Over 10 years (long-term) 14 8.29 8.26 8.29 8.27 8.15 8.25 8.28 8.33
Corporate bonds
Moody's Seasoned
AAA 9.03 9.01 9.00 8.99 8.96 9.00 9.05 9.04
BAA 10.43 10.37 10.35 10.33 10.24 10.34 10.44 10.45
A-Utility 15 9.65 9.65 9.80 9.83
State and local bonds 16 7.00 7.00 7.06 7.08
Conventional mortgages 17 9.56 9.56 9.61 9.64
Description of the Treasury Constant Maturity Series
Yields on Treasury securities at “constant maturity” are interpolated by the U.S. Treasury from the 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 maturity yield values are read from the yield curve at fixed maturities, currently 1, 2, 3, 5, 7, 10, and 30 years. This method provides a yield for a 10-year maturity, for example, even if no outstanding security has exactly 10 years remaining to maturity.

Title 7 published on 2014-01-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
U.S. Code: Title 7 - AGRICULTURE

§ 901 - Short title

§ 902 - General authority of Secretary of Agriculture

§ 903 - Authorization of appropriations

§ 904 - Loans for electrical plants and transmission lines

§ 905 - Repealed.

§ 906 - Funding for administrative expenses

§ 906a - Use of funds outside the United States or its territories prohibited

§ 907 - Acquisition of property pledged for loans; disposition; sale of pledged property by borrower

§ 908 - Repealed.

§ 909 - Administration on nonpolitical basis; dismissal of officers or employees for violating provision

§ 910 - Repealed.

§ 911 - Acceptance of services of Federal or State officers; application of civil service laws; expenditures for supplies and equipment

§ 911a - Repealed.

§ 912 - Extension of time for repayment of loans

§ 912a - Rescheduling and refinancing of loans

§ 913 - Definitions

§ 914 - Separability

§ 915 - Purchase of financial and credit reports

§ 916 - Criteria for loans

§ 917 - Prohibition on restricting water and waste facility services to electric customers

§ 918 - General prohibitions

§ 918a - Energy generation, transmission, and distribution facilities efficiency grants and loans in rural communities with extremely high energy costs

§ 918b - Acquisition of existing systems in rural communities with high energy costs

§ 918c - Rural and remote communities electrification grants

§ 921 - Congressional declaration of policy

§ 921a - Policy of financing of rural telephone program

§ 921b - Policy of expansion of markets for debentures

§ 922 - Loans for rural telephone service

§ 923 - State regulation of telephone service

§ 924 - Definition of telephone service and rural area

§ 925 - Loan feasibility

§ 926 - Certain rural development investments by qualified telephone borrowers not treated as dividends or distributions

§ 927 - General duties and prohibitions

§ 928 - Prompt processing of telephone loans

§ 930 - Congressional declaration of policy

§ 931 - Rural Electrification and Telephone Revolving Fund

§ 931a - Level of loan programs under Rural Electrification and Telephone Revolving Fund

§ 932 - Liabilities and uses of Rural Electrification and Telephone Revolving Fund

§ 933 - Moneys in the Rural Electrification and Telephone Revolving Fund

§ 934 - Authorized financial transactions; interim notes; purchase of obligations for resale; sale of notes and certificates; liens

§ 935 - Insured loans; interest rates and lending levels

§ 936 - Guaranteed loans; accommodations and subordination of liens; interest rates; assignability of guaranteed loans and related guarantees

§ 936a - Prepayment of loans

§ 936b - Sale or prepayment of direct or insured loans

§ 936c - Refinancing and prepayment of FFB loans

§ 936d - Eligibility of distribution borrowers for loans, loan guarantees, and lien accommodations

§ 936e - Administrative prohibitions applicable to certain electric borrowers

§ 936f - Substantially underserved trust areas

§ 937 - Loans from other credit sources

§ 938 - Full faith and credit of the United States

§ 939 - Loan terms and conditions

§ 940 - Refinancing of rural development loans

§ 940a - Repealed.

§ 940b - Use of funds

§ 940c - Cushion of credit payments program

7 U.S. Code § 940c–1 - Guarantees for bonds and notes issued for electrification or telephone purposes

§ 940d - Limitations on authorization of appropriations

§ 940e - Expansion of 911 access

§ 940f - Extension of period of existing guarantee

§ 940g - Electric loans for renewable energy

§ 940h - Bonding requirements

§ 941 - Telephone Bank

§ 942 - General powers

§ 943 - Special provisions governing telephone bank as a Federal agency until conversion of ownership, control, and operation

§ 944 - Governor of telephone bank; functions, powers, and duties

§ 944a - Publication of rural telephone bank policies and regulations

§ 945 - Board of directors

§ 946 - Capitalization

§ 947 - Borrowing power; telephone debentures; issuance; interest rates; terms and conditions; ratio to paid-in capital and retained...transactions of the United States; exclusion of transactions from budget totals

§ 948 - Lending power

§ 949 - Telephone bank receipts; availability for obligations and expenditures

§ 950 - Conversion of ownership, control, and operation of telephone bank

§ 950a - Liquidation or dissolution of telephone bank

§ 950b - Borrower net worth

§ 6941 - Under Secretary of Agriculture for Rural Development

§ 6941a - Coordinator for Chronically Underserved Rural Areas

§ 6942 - Rural Utilities Service

§ 6943 - Rural Housing and Community Development Service

§ 6944 - Rural Business and Cooperative Development Service

§ 6945 - Rural Development Disaster Assistance Fund

Statutes at Large
Public Laws