Selected Interest & Exchange Rates Weekly Series of Charts

Transcription

1 (51/517) I i Selected Interest & Exchange Rates Weekly Series of Charts v * October,19 Prepared by the FINANCIAL MARKETS SECTION DIVISION OF INTERNATIONAL FINANCE BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C. 551

2 Table of Contents TABLES 1. LATEST FIGURES PLOTTED. DAILY CERTIFIED SPOT EXCHANGE RATES- HI. RELEASE CHARTS 1. SPOT EXCHANGE RATE INDICES. 3-MONTH FORWARD EXCHANGE RATES 3. GOLD PRICE-LONDON SUBSCRIPTION RATES: Weekly $. per year or $. each in the United States, its possessions, Canada, and Mexico; or more of the same issue to one address, $13.5 per year or $.35 each. Elsewhere, $. per year or $.5 each. Address requests to Publications Services, Division of Administrative Services, and make payment remittance payable to the order of the Board of Governors of the Federal Reserve System in a form collectible at par in U.S. Currency.. CALL MONEY RATES 5. 3-MONTH INTEREST RATES. EURO-DOLLAR DEPOSIT RATES 7. SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES. INTEREST ARBITRAGE: 3-MONTH FUNDS 9. LONG-TERM GOVERNMENT BOND YIELDS. INDUSTRIAL STOCK INDICES

3 CHART 1 SPOT EXCHANGE INDICES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE) AVERAGES FOR WEEK ENDING WEDNESDAY RATIO SCALE MARCH 1973= RATIO SCALE MARCH 1973= FOREIGN CURRENCY PRICE OF U.S. DOLLAR ITALIAN LIRA GERMAN MARK JAPANESE YEN CANADIAN DOLLAR DUTCH GUILDER U.K. POUND - FRENCH FRANC 9 ys - 7 Vx J y v BELGIAN FRANC - SWISS FRANC - 5 I I I

4 CHART 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR (-) AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM CANADIAN DOLLAR JAPANESE YEN U. K. POUND + SWISS FRANC GERMAN MARK DUTCH GUILDER FRENCH FRANC ITALIAN LIRA

5 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. DOLLARS PER FINE OUNCE 5 U.S. DOLLARS PER FINE OUNCE Kg BARS AFTERNOON FIXING PRICE

6 CHART CALL MONEY RATES WEEKLY SERIES T PER ANNUM PERCENT PER AN 1 U. S. FEDERAL FUNDS I FRANCE JAPAN I I I I I I I SWITZERLAND CANADA 1 /v UNITED KINGDOM 1 GERMANY NETHERLANDS r -/Www

7 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES 1 :NT PER ANNUM PERCENT PER Ah 1 U.S. CD'S CANADIAN FINANCE CO. PAPER 1 WEIGHTED AVERAGE FOREIGN RATE 1 1 U.K. INTERBANK STERLING - v FRENCH INTERBANK RATE I I I III I I I - 1 I I I I I I I I I I I I I I I I I lllll lulu GERMAN INTERBANK RATE l NETHERLANDS INTERBANK RATE llllli I I I I I I I I I I I IlllllI I II I II I II I II 7 JAPANESE GENSAKI RATE SWISS INTERBANK RATE

8 CHART EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY 1 ENT PER ANNUM PERCENT PER AL 1 OVERNIGHT 3-MONTH I I I I I I I I I I II DAY -MONTH MONTH 1-YEAR I I I I III I I I I I I

9 CHART 7 SELECTED EURO-DOLLAR AND U. S.MONEY MARKET RATES DIFFERENTIAL: PLUS(+), FAVORS BORROWING IN U. S. AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM 1 PERCENT PER ANNUM 1 1 FEDERAL FUNDS DASHED LINE - 3-MONTH EURO-DOLLAR DEPOSITS 1 pp u ~ \ I u/^ OVERNIGHT EURO-DOLLAR DEPOSITS 1 9-DAY CD S J I I DIFFERENTIAL DIFFERENTIAL V^V/YV/AAAV i + 19 I I I I I I I I I I I I I l PERCENT ON DIFFERENTIAL SCALE = PERCENT ON RATE SCALE

10 CHART INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: FLUSH, INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY 1 NT PER ANNUM PERCENT PER Ah 1 1 EURO-DOLLAR DEPOSITS DASHED LINE CANADIAN FINANCE CO. PAPER, COVERED 1 INTERBANK STERLING COVERED LONDON U. S. COMMERCIAL PAPER DIFFERENTIAL DIFFERENTIAL + J _ 1 liii II I I INTERBANK DM COVERED FRANKFURT SWISS INTERBANK (SF) COVERED 1 EURO-DOLLAR DEPOSITS DASHED LINE EURO-DOLLAR DEPOSITS DASHED LINE I I I I I I I I I I I I I I I I I I ill I I I t i l l DIFFERENTIAL DIFFERENTIAL PERCENT ON DIFFERENTIAL SCALE = PERCENT ON RATE SCALE I I I I I I I I I I I I I I I 19 19

11 CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES ENT PER ANNUM PERCENT PER AL UNITED STATES CANADA UNITED KINGDOM SWITZERLAND GERMANY JAPAN \ - I I I I I I 1 1 U. S. CORPORATE MONTHLY 1 1 Aaa BONDS ^ I FRANCE 1 1 I NETHERLANDS \ MONTHLY X I I I

12 CHART INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO SCALE RATIO SCALE 199= 199= UNITED STATES UNITED KINGDOM NETHERLANDS - SWITZERLAND 5 M I I I I I FRANCE GERMANY 5 5 Av ~~ f - CANADA 5 JAPAN yv ZV ' Z^* ZXV^ I I I I I I I I I I I 11 I I I I II111 I I I I I I llhlllllll I I I I I I I I

13 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 1. SPOT EXCHANGE BATES AND INDICES WEEKLY AVERAGES, NOON BOXING (U.S. CENTS) GERMAN MARK JAPANESE IEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA OCT. 5.3 OCT..77 OCT..59 OCT OCT. 7.5 OCT..3 OCT OCT.. OCT..77 OCT. 1.3 INDICES, MARCH 1973 BASE RATES = GERMAN MARK OCT JAPANESE IBM OCT DUTCH GUILDER OCT.. U.K. POUND OCT CANADIAN DOLLAR OCT FRENCH FRANC OCT. 9.3 SWISS FRANC OCT BELGIAN FRANC OCT ITALIAN LIRA OCT WEIGHTED AVERAGE EXCHANGE VALUE INDICES, HAR 1973 = (G- COUNTRIES PLUS SSITZEBLAMD) U.S. DOLLAR OCT GERMAN MARK OCT. 9. JAPANESE YEN OCT. 19. DUTCH GUILDER OCT U.K. POUND OCT CANADIAN DOLLAR OCT FRENCH FRANC OCT SWISS FRANC OCT BELGIAN FRANC OCT ITALIAN LIRA OCT.. 7 SWEDISH KRONA OCT.. 7 CHART. 3-MONTH FORWARD EXCHANGE RATES, PREMIUM OR DISCOUNT CANADIAN DOLLAR OCT U.K. POUND OCT. -5. GERMAN MARK OCT. 1.3 FRENCH FRANC OCT SWISS FRANC OCT. 1.9 DUTCH GUILDER OCT..51 JAPANESE YEN OCT..95 ITALIAN LIRA OCT. -.95

14 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART J. GOLD PRICE IN LONDON, AFTERNOON FIXING U.S. DOLLARS PER FINE OUNCE OCT. 9.9 CHART. CALL MONEY RATES U. S. FEDERAL FUNDS OVERNIGHT EURO-DOLLAR DEPOSITS U.K. CANADA GERMANY JAPAN FRANCE NETHERLANDS SWITZERLAND OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT- OCT CHART 5. 3-MONTH INTEREST RATES U.S. 9-DAY CD'S, SECONDARY MARKET OCT. 5.3 GERMAN INTERBANK LOAN OCT.. 5 JAPANESE GENSAKI RATE OCT..75 CANADIAN FINANCE PAPER OCT.. INTERBANK STERLING OCT SWISS INTERBANK LOAN OCT. 3.9 FRENCH INTERBANK RATE OCT. 7.3 NETHERLANDS INTERBANK RATE OCT. 5. WEIGHTED AVERAGE FOREIGN INTEREST RATE OCT..5 (G- COUNTRIES PLUS SWITZERLAND) CHART. EURO-DOLLAR DEPOSIT RATES: LONDON OVERNIGHT OCT DAY OCT MONTH OCT MONTH OCT MONTH OCT YEAR OCT CHART 7. SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES OVERNIGHT EURO-DOLLAR DEPOSITS OCT U.S. FEDERAL FUNDS OCT. 5.3 DIFFERENTIAL OCT MONTH EURO-DOLLAR DEPOSIT RATE OCT U.S. 9-DAY CD'S, SECONDARY MARKET OCT. 5.3 DIFFERENTIAL OCT.. 1

15 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART. INTEEEST ARBITRAGE, 3-MONTH FUNDS EU-DOLLAR DEPOSIT OCT INTERBANK STERLING (LONDON), COVERED OCT. 5. DIFFERENTIAL OCT. -.1 U.S. COMMERCIAL PAPER OCT. 5.3 CANADIAN FINANCE PAPEE, COVERED OCT DIFFERENTIAL OCT EURO-DOLLAR DEPOSIT OCT INTERBANK DM (FRANKFURT), COVERED OCT DIFFERENTIAL OCT EURO-DOLLAR DEPOSIT OCT SWISS INTERBANK, COVERED OCT. 5.9 DIFFERENTIAL OCT CHART 9. LONG TERM GOVERMENT BOND YIELDS UNITED STATES OCT GERMANY OCT. 5.9 JAPAN (MONTHLY) OCT.. 9 SWITZERLAND SEPT CANADA OCT FRANCE SEPT..7 NETHERLANDS (MONTHLY) AUG..3 UNITED KINGDOM OCT U.S. CORPORATE AAA BONDS JUNE CHART. STOCK INDICES UNITED STATES UNITED KINGDOfl CANADA GERMANY SITZEBLAND NETHERLANDS FRANCE JAPAN OCT..13 OCT. 7. OCT. 31. OCT. 91. OCX. 1.7 OCT OCT OCT. 39.5

16 FEDERAL RESERVE statistical release f^alkbs*. H. (5) FOREIGN EXCHANGE RATES OCTOBER 17, 19 fob THE HE K ENDING OCTOBER 17, 19 The Board of Governors of the Federal Reserve System is advised that the Federal Reserve Bank of New York has certified for customs purposes the following noon buying rates in New York City for cable transfers payable in foreign currencies: COUNTBI BONBTABX /rilhrrmrv UN TTS PER MI.L11 it UNIT OCT. 13 OCT. 1 OCT. OCT. 1 OCT. 17 AUSTBALIA DOLLAR AUSTRIA SCHILLING BBLGIUH f BANC BRAZIL CBUZADO CANADA DOLLAR B CHINA.P.B. XOAN DBNBABX KBOBB H finland EABKKA QO fbancb fbanc..7 b GEBHANI D. BABK GBEECB DRACHHA HONG KOBG DOLLAR INDIA RUPEE L IBBLABD POOBD ITALX LIBA JAPAB IBB I MALAYSIA RINGGIT NETHERLANDS GUILDEB JJ. 3 *IW ZEALAND DOLLAB D NOBBAX KBOBB PORTUGAL BSCUDO SINGAPOBB DOLLAB A SOUTH AffilCA BAND SOUTH KOBBA BOB SPAIN PESETA X SBI LANKA BUPBB SBBDBS KBOBA SHITZBBLAND fbanc TAIWAN DOLLAB THAILAND BABT UNITED KINGDOM POOBD 1* BBEOl fonited STATES DOLLAB IBDBZ Of HEIGH TED ATBBAG1 BICBANGB VALUE Of U.S. DC LLAB AGAINST CURRENCIES 1 OTHBB - COMMIES..BABCH 1973 *. HEIGHTS ARE GLOBAL TBADB OF EACH Of TBS COBNIBIES. SEBIES BBVISED AS 7 AUGUST 197. fob DESCRIPTION AID BACK DATA, SEE "fmdbi Of THE MEIGBTBD-AfEBAGB BXCBABB ialub Of THB U.S. DOLLABS REUSION" OB PAGE 7 Of THE AUGUST 197 fbdbbal BBSBBTB BULLETIN. falub IS U.S. CENTS