CURRENCIES The dollar drifted a bit lower against the deutschemark and held steady against the yen Thursday afternoon as trading calmed down following an active morning session that sent the dollar more than a pfennig higher, participants said. Traders said the dollar still looked bid against the deutschemark and would probably trade toward DM1.64 Friday on positive U.S. economic data and reluctance to hold short dollar positions ahead of the weekend with continued uncertainty in Russia. The buck was quoted at DM1.6322 and Y106.00 at 2:30 p.m. CDT compared with DM1.6335 and Y105.95 at 12:05 p.m. and DM1.6195 and Y105.43 at 6:45 a.m. Dollar-yen trading was extremely thin Thursday, the last day of the Japanese fiscal half year, but traders looked for activity to pick up on Friday. "If dollar-mark gets a big boost, dollar-yen may get dragged with it," said Paul Alley, yen trader at Long Term Credit Bank of Japan. "If we can break above Y106.50, people are ready to take a shot at Y110." CURRENCY CLOSE THURSDAY WEDNESDAY THE DOLLAR ON FOREIGN EXCHANGE THU BRITISH POUND $1.4960 $1.5115 OPEN CANADIAN $ $.7496 $.7522 FRANKFURT 1.6198 marks +0.0068 DUTCH GUILDER $.5453 $.5519 ZURICH 1.4160 franc +0.0025 FRENCH FRANC $.1755 $.1774 LONDON: $1.5095 +$0.0040 GERMAN MARK $.6124 $.6198 TOKYO CLOSE 105.10 -0.13 ITALIAN LIRA $.000628 $.000635 NY CLOSE THU WED JAPANESE YEN $.009416 $.009510 AUSTRALIAN $ $0.6460 $0.6488 SWISS FRANC $.7015 $.7075 MEXICAN PESO $0.3202 $0.3208 N. ZEALAND $ $0.5507 $0.5512 09/30/93 BOND YIELDS/INTEREST RATES TREASURIES DISCOUNT CHG YIELD AGENCIES COUPON PRICE T-AUCTION 3 MO T-BILLS 2.92 -.01 2.98 30 YR GNMA 6.50 101:00 RESULTS 6 MO T-BILLS 3.04 -.02 3.13 30 YR GNMA 7.00 102:28 DISCOUNT/YIELD 1 YR T-BILLS 3.25 0.02 3.38 30 YR GNMA 8.00 105:18 3 MO 2.90/ 2.96 NOTES & BONDS PRICE CHG32 YIELD 30 YR GNMA 9.50 108:07 6 MO 3.02/ 3.11 1 YR 4-000 09/94 100:17 -1 3.44 3M FFCB 3.210 11/93 100:00 1 YR 3.27/ 3.40 2 YR 3-7/8 09/95 99:31 -3 3.89 6M FFCB 3.360 2/94 100:01 2 YR 3.94 3 YR 4-3/8 08/96 100:15 -5 4.20 1Y FFCB 3.640 8/94 100:04 5 YR 4.83 5 YR 4-3/4 09/98 99:26 -8 4.79 3Y FFCB 4.490 3/96 100:09 7 YR 5-1/2 04/00 102:28 -9 4.98 2Y FHLB 4.750 11/94 100:31 NEXT TREASURY 10 YR 5-3/4 08/03 102:20 -14 5.40 3Y FHLB 5.375 11/95 102:26 AUCTIONS 30 YR 6-1/4 08/23 102:28 -20 6.04 10Y FHLM 6.550 4/03 104:20 3 MO 10/04/93 15:00 0/N 30 DAY 60 90 180 5Y FNMA 5.100 7/98 100:14 6 MO 10/04/93 CD 3.11 3.12 3.27 3.27 7Y FNMA 6.100 2/00 105:13 1 YR 10/14/93 COMM PAPER 3.13 3.15 3.15 3.27 10Y FNMA 6.200 7/03 102:16 2 YR 10/26/93 BANK ACCEP 3.10 3.11 3.19 3.19 30Y RFC 8.625 1/21 129:09 3 YR 11/09/93 LIBOR 3.00 3.19 3.19 3.38 3.38 FED FUNDS 15:00 5 YR 10/27/93 TREASURY WHEN-ISSUED 15:00 LATEST 3.625 7 YR 3MO 2.950 6MO 3.095 1YR HIGH 3.750 LOW 3.375 10 YR 11/10/93 PRIME 6.000 DISC 3.000 30 YR 11/ /93