Printer Friendly

PIPER JAFFRAY INCOME INDEX (In percents)

 WASHINGTON
 Week Ending Previous
 08/06/93 Week Change(+)
 SHORT TERM
 Prime Rate 6.00 6.00 ---
 Money Market Mutual Funds 2.68 2.68 ---
 Bank Money Market Savings 2.75 2.75 ---
 Bank Interest Bearing Check. Acct. 2.58 2.58 ---
 3 Month Treasury Bills 3.10 3.08 +.02
 3 Month Bank Cert. Of Dep. 3.00 3.00 ---
 6 Month Treasury Bills 3.30 3.25 +.05
 1 Year Treasury Bills 3.50 3.50 ---
 INTERMEDIATE TERM
 2 Year Cert. Of Dep. 4.15 3.70 +.45
 5 Year Cert. Of Dep. 5.20 5.30 -.10
 5 Year Treasury Notes 5.20 5.12 +.08
 10 Year Treasury Notes 5.85 5.80 +.05
 5 Year Zero Coupon Bonds 5.33 5.25 +.08
 10 Year Zero Coupon Bonds 6.17 6.13 +.04
 5 Year Finance Co. Notes 5.90 5.88 +.02
 10 Year Finance Co. Notes 6.52 6.55 -.03
 U.S. Backed GNMA Bonds 6.27 6.25 +.02
 LONG TERM
 20 Year Zero Coupon Bonds 6.89 7.00 -.11
 30 Year Treasury Bonds 6.50 6.59 -.09
 30 Year A-rated Indust. Bonds 7.27 7.33 -.06
 30 Year A-rated Utility Bonds 7.30 7.38 -.08
 TAX EXEMPT MUNICIPAL BONDS - WASHINGTON
 5 Year A1-rated Gen'l. Oblig. 4.20 4.20 ---
 5 Year A1-rated Utility Rev. 4.40 4.40 ---
 10 Year A1-rated Gen'l. Oblig. 4.85 4.85 ---
 10 Year A1-rated Utility Rev. 5.05 5.00 +.05
 20 Year A1-rated Gen'l. Oblig. 5.40 5.45 -.05
 20 Year A1-rated Utility Rev. 5.60 5.60 ---
 The above rates, gathered and supplied by Piper Jaffray Inc., are representative rates available from banks, savings institutions and broker/dealer firms in the area. Rates may vary according to locality, size of purchase and rating. They do not include issues that are subject to alternative minimum tax and do not reflect transaction charges, if any. The figures for investments with maturities shorter than a year reflect annualized rates of return.
 -0- 08/06/93
 /CONTACT: Judy Milbauer Morke, 612-342-6541, or Suzanne Oney, 612-342-6543, both of Piper Jaffray/
 (PJC)


CO: Piper Jaffray Companies, Inc. ST: Washington IN: FIN SU: ECO

KH -- MN004G -- 0270 08/06/93 10:48 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 6, 1993
Words:379
Previous Article:QUEEN MARY SEAPORT ANNOUNCES NEW BOARDING POLICY EFFECTIVE AUG. 8; INTRODUCES MARY DOLLARS
Next Article:/Repeating from yesterday for points missed/
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters