OTHER NEWS - Jan. 27, 1994
From Times Staff and Wire Reports
U.S. Treasury Yields Decline: Yields on five-year Treasury notes fell in Wednesday’s auction to the lowest level since October. The high yield was 5.10%, down from 5.19% at the last auction Dec. 22. It was the lowest rate since five-year notes sold for 4.81% on Oct. 27. The notes will carry a coupon interest rate of 5%, with each $10,000 in face value selling for $9,956.40. A total of $12.03 billion in notes were sold out of bids totaling $28.68 billion.
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