Other indicators have been updated to two decimal places. Treasury Bill Rate is annualized using a 360-day year for bank interest and is quoted on a discount basis. The rates are updated monthly. Bond Buyer series is a twenty-bond index of state and local government general obligation bonds maturing in twenty years. It has a rating roughly equivalent to Moody's A1 rating.
Corporate bonds are seasoned issues.
Rates shown are based on yields to maturity on selected long-term bonds. The Bond Buyer and Corporate bonds rates are updated monthly. Jun-96 8.10 0.25 6. Federal Housing Finance Board. Texas Comptroller of Public Accounts.