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Roger L. Ransom

Table Eh216-220 - Bond yields on domestic loans in the Confederacy: 1862-1864

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  Eh216 Eh217 Eh218 Eh219 Eh220
  “$100 million”bonds “$15 million”bonds City of Richmond bonds State of Virginia bonds Nominal rate on“$100 million Loan”
Row Year Month Percent Percent Percent Percent Percent
1 1862 Jan 12.71 ---- ---- ---- 8.000
2 1862 Feb 12.71 14.65 9.90 11.04 8.050
3 1862 Mar ---- 15.25 9.77 10.61 ----
4 1862 Apr 14.09 18.00 10.72 11.52 8.276
5 1862 May 15.40 ---- 10.87 11.39 8.150
6 1862 June 17.02 ---- 11.31 11.80 8.819
7 1862 July 16.43 18.86 10.82 ---- 8.156
8 1862 Aug 17.22 ---- ---- 12.93 7.999
9 1862 Sept 17.23 ---- 11.51 12.93 7.998
10 1862 Oct 18.43 22.14 12.37 13.76 7.998
11 1862 Nov 26.92 30.35 16.64 20.19 7.998
12 1862 Dec 25.78 28.91 15.54 17.57 7.999
13 1863 Jan 23.90 27.15 14.53 16.40 7.999
14 1863 Feb 25.96 29.67 ---- 18.28 7.895
15 1863 Mar 38.01 40.56 22.24 26.98 7.998
16 1863 Apr 36.52 30.69 ---- 26.89 7.017
17 1863 May 39.71 29.36 23.62 27.54 7.392
18 1863 June 54.35 37.10 32.29 33.39 7.344
19 1863 July 57.50 39.83 34.49 34.49 7.246
20 1863 Aug 80.01 54.11 31.74 32.24 6.917
21 1863 Sept 83.14 57.17 28.71 37.92 7.338
22 1863 Oct 79.40 55.06 28.38 32.79 6.866
23 1863 Nov 116.49 71.28 40.65 38.93 6.819
24 1863 Dec 140.31 88.96 46.45 51.13 6.291
25 1864 Jan 140.06 98.72 ---- 51.44 6.372
26 1864 Feb 138.91 109.23 53.17 53.19 5.673
27 1864 Mar 147.15 123.70 56.87 74.74 6.626
28 1864 Apr 145.49 ---- ---- 75.26 6.990
29 1864 June ---- ---- ---- ---- 7.395
30 1864 July 114.41 ---- ---- ---- 6.262
31 1864 Aug 128.82 ---- ---- ---- 6.522
32 1864 Sept 152.20 129.46 56.05 65.25 5.677
33 1864 Oct 159.11 ---- ---- ---- 5.665
34 1864 Nov 174.97 164.07 56.78 68.65 6.072
35 1864 Dec 218.68 209.12 73.15 68.97 5.899



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