BANKING & FINANCE - Dec. 23, 1992
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From Times Staff and Wire Reports
Treasury Note Yields Fall at Auction: Yields on two-year Treasury notes fell to 4.71%, down from 4.72% at the last auction on Nov. 23. It was the lowest rate since two-year notes sold for 4.37% on Oct. 27. The notes will carry a coupon interest rate of 4.625%, with each $10,000 in face value selling for $9,984.00. A total of $15.5 billion in notes were sold out of bids totaling $39 billion.
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