Interest Rates And Bond Yields



Interest rates were mixed in August.

[Percent perannum]

This table contains the following series:

Starting series: U.S. Treasury security yields: 3-month bills (new issues) \1\

1999    4.66
2000    5.85
2001    3.44
2002    1.62
2003    1.01
2004    1.38
2005    3.16
2006    4.73
2007    4.41
2008    1.48
2008:Aug    1.79
Sept    1.46
Oct    .84
Nov    .30
Dec    .04
2009:Jan    .12
Feb    .31
Mar    .25
Apr    .17
May    .15
June    .17
July    .19
Aug    .18

2009:Aug 8    .18
15    .19
22    .18
29    .16
2009:Sept 5    .15

Starting series: U.S. Treasury security yields: Constant maturities: 3-year \2\

1999    5.49
2000    6.22
2001    4.09
2002    3.10
2003    2.10
2004    2.78
2005    3.93
2006    4.77
2007    4.35
2008    2.24
2008:Aug    2.70
Sept    2.32
Oct    1.86
Nov    1.51
Dec    1.07
2009:Jan    1.13
Feb    1.37
Mar    1.31
Apr    1.32
May    1.39
June    1.76
July    1.55
Aug    1.65

2009:Aug 8    1.78
15    1.72
22    1.56
29    1.57
2009:Sept 5    1.44

Starting series: U.S. Treasury security yields: Constant maturities: 10-year \2\

1999    5.65
2000    6.03
2001    5.02
2002    4.61
2003    4.01
2004    4.27
2005    4.29
2006    4.80
2007    4.63
2008    3.66
2008:Aug    3.89
Sept    3.69
Oct    3.81
Nov    3.53
Dec    2.42
2009:Jan    2.52
Feb    2.87
Mar    2.82
Apr    2.93
May    3.29
June    3.72
July    3.56
Aug    3.59

2009:Aug 8    3.77
15    3.67
22    3.48
29    3.46
2009:Sept 5    3.37

Starting series: U.S. Treasury security yields: Constant maturities: 30-year \2\

1999    5.87
2000    5.94
2001    5.49
2002    *
2003    *
2004    *
2005    *
2006    4.91
2007    4.84
2008    4.28
2008:Aug    4.50
Sept    4.27
Oct    4.17
Nov    4.00
Dec    2.87
2009:Jan    3.13
Feb    3.59
Mar    3.64
Apr    3.76
May    4.23
June    4.52
July    4.41
Aug    4.37

2009:Aug 8    4.52
15    4.47
22    4.31
29    4.23
2009:Sept 5    4.18

Starting series: High-grade municipal bonds (S&P) \3\

1999    5.43
2000    5.77
2001    5.19
2002    5.05
2003    4.73
2004    4.63
2005    4.29
2006    4.42
2007    4.42
2008    4.80
2008:Aug    4.90
Sept    5.03
Oct    5.68
Nov    5.28
Dec    5.53
2009:Jan    5.13
Feb    5.00
Mar    5.15
Apr    4.88
May    4.60
June    4.84
July    4.69
Aug    4.58

2009:Aug 8    4.65
15    4.63
22    4.54
29    4.51
2009:Sept 5    4.32

Starting series: Corporate Aaa bonds (Moody's)

1999    7.04
2000    7.62
2001    7.08
2002    6.49
2003    5.67
2004    5.63
2005    5.24
2006    5.59
2007    5.56
2008    5.64
2008:Aug    5.64
Sept    5.65
Oct    6.28
Nov    6.15
Dec    5.08
2009:Jan    5.05
Feb    5.27
Mar    5.50
Apr    5.39
May    5.54
June    5.61
July    5.41
Aug    5.26

2009:Aug 8    5.34
15    5.34
22    5.24
29    5.14
2009:Sept 5    5.10

Starting series: Discount window (NY F.R. Bank): Primary Credit \4\\5\

1999    ........
2000    ........
2001    ........
2002    ........
2003    2.12
2004    2.34
2005    4.19
2006    5.96
2007    5.86
2008    2.39
2008:Aug    2.25
Sept    2.25
Oct    1.25
Nov    1.25
Dec    .50
2009:Jan    .50
Feb    .50
Mar    .50
Apr    .50
May    .50
June    .50
July    .50
Aug    .50

2009:Aug 8    .50
15    .50
22    .50
29    .50
2009:Sept 5    .50

Starting series: Discount window (NY F.R. Bank): Discount Rate \4\\5\

1999    4.62
2000    5.73
2001    3.40
2002    1.17
2003    *
2004    *
2005    *
2006    *
2007    *
2008    *
2008:Aug    *
Sept    *
Oct    *
Nov    *
Dec    *
2009:Jan    *
Feb    *
Mar    *
Apr    *
May    *
June    *
July    *
Aug    *

2009:Aug 8    *
15    *
22    *
29    *
2009:Sept 5    *

Starting series: Prime rate charged by banks \5\

1999    8.00
2000    9.23
2001    6.91
2002    4.67
2003    4.12
2004    4.34
2005    6.19
2006    7.96
2007    8.05
2008    5.09
2008:Aug    5.00
Sept    5.00
Oct    4.00
Nov    4.00
Dec    3.25
2009:Jan    3.25
Feb    3.25
Mar    3.25
Apr    3.25
May    3.25
June    3.25
July    3.25
Aug    3.25

2009:Aug 8    3.25
15    3.25
22    3.25
29    3.25
2009:Sept 5    3.25

Starting series: Federal funds rate \6\

1999    4.97
2000    6.24
2001    3.88
2002    1.67
2003    1.13
2004    1.35
2005    3.22
2006    4.97
2007    5.02
2008    1.92
2008:Aug    2.00
Sept    1.81
Oct    .97
Nov    .39
Dec    .16
2009:Jan    .15
Feb    .22
Mar    .18
Apr    .15
May    .18
June    .21
July    .16
Aug    .16

2009:Aug 8    .18
15    .17
22    .16
29    .16
2009:Sept 5    .15

Starting series: New-home mortgage yields (FHFB) \7\

1999    7.04
2000    7.52
2001    7.00
2002    6.43
2003    5.80
2004    5.77
2005    5.94
2006    6.63
2007    6.41
2008    6.05
2008:Aug    6.33
Sept    6.09
Oct    6.10
Nov    6.16
Dec    5.67
2009:Jan    5.11
Feb    5.09
Mar    5.10
Apr    4.96
May    4.92
June    5.17
July    5.40
Aug    ..........

2009:Aug 8    ..........
15    ..........
22    ..........
29    ..........
2009:Sept 5    ..........


\1\ High bill rate at auction, issue date within period, bank- discount basis. Data are stopyields from uniform-price auctions.
\2\ Yields on actively traded issues adjusted to constant maturities.
\3\ Weekly data are Wednesday figures.
\4\ Discount window borrowing forprimary credit and discount rate (adjustment credit). The rate for primary credit replaced the rate for adjustment credit.
\5\ Average effective rate for year; rate in effect at end of month orweek.
\6\ Daily effective rate; weighted average of rates on brokered trades.
\7\ 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. * Discount rate (adjustment credit) series was discontinued afterJanuary 8, 2003. Series for 30-yearconstant maturity was discontinued on February 18, 2002, and reintroduced on February 9, 2006.

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.