Selected Interest & Exchange Rates Weekly Series of Charts

Transcription

1 jr~yy o (516/517) fixt U at : 1 Selected Interest & Exchange Rates Weekly Series of Charts January 3, 1984 Prepared by the FINANCIAL MARKETS SECTION DIVISION OF INTERNATIONAL FINANCE BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C

2 Table of Contents TABLES 1. LATEST FIGURES PLOTTED 2. DAILY CERTIFIED SPOT EXCHANGE RATES H.10 RELEASE CHARTS 1. SPOT EXCHANGE RATE INDICES 2. 3MONTH FORWARD EXCHANGE RATES 3. GOLD PRICE LONDON SUBSCRIPTION RATES: Weekly $15.00 per year or $.40 each in the United States, its possessions, Canada, and Mexico; 10 or more of the same issue to one address, $13.50 per year or $.35 each. Elsewhere, $20.00 per year or $.50 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. 4. CALL MONEY RATES 5. 3MONTH INTEREST RATES 6. EURODOLLAR DEPOSIT RATES 7. SELECTED EURODOLLAR AND U.S. MONEY MARKET RATES 8. INTEREST ARBITRAGE: 3MONTH FUNDS 9. LONGTERM GOVERNMENT BOND YIELDS 10. 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 CALE 1973=100 RATIO SCALE MARCH 19773= FOREIGN CURRENCY PRICE OF U.S. DOLLAR JAPANESE YEN CANADIAN DOLLAR SWISS FRANC / XV X/~ Z Vy 200 v / ' " ^ GERMAN MARK DUTCH GUILDER U.K. POUND FRENCH FRANC BELGIAN FRANC 70 V\ ITALIAN LIRA : " l

4 CHART 2 3MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR () AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM 6 PERCENT PER ANNUM 24 A A CANADIAN DOLLAR ITALIAN LIRA DUTCH GUILDER U. K. POUND GERMAN MARK SWISS FRANC FRENCH FRANC JAPANESE YEN

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

6 CHART 4 CALL MONEY RATES WEEKLY SERIES 28 JT PER ANNUM PERCENT PER ANI 24 FRANCE 20 U. S. FEDERAL FUNDS JAPAN 4 24 CANADA EUROSWISS FRANC 12 8 NETHERLANDS U. K. 2DAY LOCAL AUTHORITY GERMANY I Jr "X EURODM 4 i i i I I I I I I I I I I I I I I

7 CHART 5 3MONTH INTEREST RATES WEEKLY SERIES PERCENT PER ANNUM 22 PERCENT PER ANNUM 24 U.S. CD'S WEIGHTED AVERAGE FOREIGN RATE CANADIAN FINANCE CO. PAPER U.K. INTERBANK STERLING GERMAN INTERBANK RATE JAPANESE BANK LOANS AND DISCOUNTS SWISS INTERBANK RATE

8 CHART 6 EURODOLLAR DEPOSIT RATES AVERAGES FOR WEEK ENDING WEDNESDAY LONDON PERC 24 R PER ANNUM PERCENT PER ANNL OVERNIGHT 3MONTH A 1MONTH

9 CHART 7 SELECTED EURODOLLAR AND U. S. MONEY MARKET RATES DIFFERENTIAL: PLUSM, FAVORS BORROWING IN U. S. AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM 26 PERCENT PER ANNUM 26 FEDERAL FUNDS 3MONTH EURODOLLAR DEPOSITS OVERNIGHT EURODOLLAR DEPOSITS DAY CD I I I I I I I I I i H i l/r IwV I I I 1 V v / V V W ^ r v J DIFFERENTIAL 1 1 M II b/x^\/\vk DIFFERENTIAL I I I I I I I I I I I i i I i i I i i I i i PERCENT ON DIFFERENTIAL SCALE = 2 PERCENT ON RATE SCALE

10 CHART 8 INTEREST ARBITRAGE: 3MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM 28 PERCENT PER ANNUM 28 EURODOLLAR DEPOSITS DASHED LINE CANADIAN FINANCE CO. PAPER, COVERED INTERBANK STERLING COVERED LONDON COMMERCIAL PAPER r DIFFERENTIAL m i I M I /v^ DIFFERENTIAL fy x Ww v^ H " i l l i i i I I I I ill I I I I niiiiiiiii INTERBANK DM COVERED FRANKFURT SWISS INTERBANK (SF) COVERED EURODOLLAR DEPOSITS ] VVW DASHED LINE VUX/,TX// V/V wv V7 EURODOLLAR DEPOSITS DASHED LINE DIFFERENTIAL DIFFERENTIAL ". A L w b w f i i i u i i lllllll " l l l l l l l iihihiln PERCENT ON DIFFERENTIAL SCALE = 2 PERCENT ON RATE SCALE

11 CHART 9 LONGTERM GOVERNMENT BOND YIELDS WEEKLY SERIES PE 19 ENT PER ANNUM PERCENT PER Al 19 UNITED STATES CANADA.J 15 w y I I I 7 9 SWITZERLAND 11 UNITED KINGDOM MONTHLY I I I 1 13 JAPAN 9 / \ X" GERMANY v/x U. S. CORPORATE MONTHLY I I I " Aaa BONDS FRANCE / f ' EURODOLLAR BONDS 10 NETHERLANDS 10 MONTHLY

12 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERES RATIO SCALE 1969=100 RATIO SCALE 1969= UNITED STATES jj JAPAN /A/L 180 d , 120 Y i i I I I I I I UNITED KINGDOM If 120 GERMANY I I I I I I I I I I I I I I I I I I I,, I I I I I I ill 11 h ill i FRANCE // SWITZERLAND y I I I I I I,, I I I I I! iiiiiiiiiii I I I I I I NETHERLANDS / CANADA Fv* V ' /v I I I II I I I I! I iihiiniii i i i!! Nil! Illll

13 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 1. SPOT EXCHANGE BATES AND INDICES WEEKLY AVERAGES, NOON BUYING BATES (U.S. CENTS) GERMAN BARK JAN JAPANESE YEN JAN DUTCH GUILDER JAN U.K. POUND JAN CANADIAN DOLLAR JAN FRENCH FRANC JAN SWISS FRANC JAN BELGIAN FRANC JAN ITALIAN LIRA JAN ICES, MARCH 1973 BASE RATES = 100 GERMAN MARK JAN JAPANESE YEN JAN DUTCH GUILDER JAN U.K. POUND JAN CANADIAN DOLLAR JAN FRENCH FRANC JAN SWISS FRANC JAN BELGIAN FRANC JAN ITALIAN LIRA JAN ighted AVERAGE EXCHANGE VALUE INDICES, MAR 1973 = 100 (G10 COUNTRIES PLUS SWITZERLAND) U.S. DOLLAR JAN GERMAN MARK JAN JAPANESE YEN JAN DUTCH GUILDER JAN U.K. POUND JAN CANADIAN DOLLAR JAN FRENCH FRANC JAN SWISS FRANC JAN BELGIAN FRANC JAN ITALIAN LIRA JAN SWEDISH KROUA JAN # ART 2!, 3MONTH FORWARD EXCHANGE RATES, PREMIUM OR DISCOUNT CANADIAN DOLLAR JAN U.K. POUND JAN GERMAN MARK JAN FRENCH FRANC JAN SWISS FRANC JAN DUTCH GUILDER JAN JAPANESE YEN JAN ITALIAN LIRA JAN

14 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 3. GOLD PRICE IN LONDON, AFTERNOON FIXING U.S. DOLLARS PER FINE OUNCE JAN CHART 4. CALL MONET RATES U.S. FEDERAL FUNDS JAN ,06 OVERNIGHT EURODOLLAR DEPOSITS JAN U. K. DEC. 30 9,, 13 CANADA DEC GERMANY DEC m 00 EURODM JAN. 6 6.,34 JAPAN DEC ,44 FRANCE DEC NETHERLANDS JAN ,30 EUROSWISS FRANC JAN. 6 4.,56 CHART 5. 3MONTH INTEREST BATES U.S. 90DAY CD'S, SECONDARY MARKET JAN GERMAN INTERBANK LOAN JAN JAPANESE EANK LOANS 6 DISCOUNTS JAN CANADIAN FINANCE PAPER JAN INTERBANK STERLING JAN SWISS INTERBANK LOAN JAM WEIGHTED AVERAGE FOREIGN INTEREST RATE JAN (G10 COUNTRIES PLUS SWITZERLAND) CHART 6. EURODOLLAR DEPOSIT RATES: LONDON OVERNIGHT JAN DAY JAN MONTH JAN MONTH JAN MONTH JAN YEAR JAN CHART 7. SELECTED EURODOLLAR AND U.S. MONEY MARKET RATES OVERNIGHT EURODOLLAR DEPOSITS JAN U.S. FEDERAL FUNDS JAN DIFFERENTIAL ADJ. FOR RESERVE REQUIREMENTS JAN MONTH EURODOLLAR DEPOSIT RATE JAN U.S. 90DAY CD'S, SECONDARY MARKET JAN DIFFERENTIAL JAN

15 SERIES NAME LAST VALUE PLOTTED DATE VA1UB CHART 8. INTEREST ARBITRAGE, JMONTH FUNDS EURODOLLAR DEPOSIT JAN. 4 9.,88 INTERBANK STERLING (LONDON), COVERED JAN ,06 DIFFERENTIAL JAN. 4 0,,18 U.S. COMMERCIAL PAPER JAN. 4 9.,47 CANADIAN FINANCE PAPER, COVERED JAN DIFFERENTIAL JAN. 4 0 U 65 EURODOLLAR DEPOSIT JAN INTERBANK DM (FRANKFURT), COVERED JAN DIFFERENTIAL JAN EURODOLLAR DEPOSIT JAN SWISS INTERBANK, COVERED JAN DIFFERENTIAL JAN CHART 9. LONG TERM GOVERMENT BOND YIELDS UNITED STATES DEC GERMANY DEC JAPAN (MONTHLY) OCT SWITZERLAND DEC CANADA DEC FRANCE SEPT NETHERLANDS (MONTHLY) AUG UNITED KINGDOM DEC U.S. CORPORATE AAA BONDS NOV, EURODOLLAR BONDS SEPT CHART 10. STOCK INDICES UNITED STATES DEC UNITED KINGDOM DEC ,52 CANADA DEC GERMANY DEC ,21 SWITZERLAND DEC ,85 NETHERLANDS DEC ,37 FRANCE DEC JAPAN DEC ,04

16 FEDERAL RESERVE statistical release ' o? CQ% # fl. 10(512) FOREIGN EXCHANGE RATES JABUABY 5, 1984 FOB THE 1EEK BBDIBG DECEASES 30, 1983 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 rate in New York City for cable transfers payable in foreign currencies: MOBETABI CURRENCY OBITS PEB DOLLAB) COUBTRY UNIT DEC. 26 DEC. 27 DEC. 28 DEC. 29 DEC. 30 ARGENTINA PESO AUSTRALIA DOLLAB A0STBIA SCHILLING BELGIUM FRANC BBAZIL CRUZEIRO CANADA DOLLAR CBILE PESO CHINA, P, B. Y9AB COLOMBIA PESO DEBBABK KRONE FINLAND MABKKA FBAHCE FRANC GERMANY D, MASK H GBEECE DSACHMA HONG KONG DOLLAB INDIA BUPEE O INDONESIA BUPIAH * IRELAND POUND ISBAEL SHEKEL L ITALY LIRA JAPAN YES MALAYSIA DOLLAR I MEXICO PESO NETBEELANDS GUILDER NEB ZEALAND DOLLAB D NOBBAY KBONB PEBU SOL PHILIPPINES PESO A POBTOGAL ESCUDO i ' SIBGAPOBE DOLLAB SOUTH AFBICA BAND Y SOUTH KOREA BOB SPAIN PESETA ' ' SRI LANKA BUPEE SWEDEN KBOBA S8XTZERLAND FBABC TAIWAN DOLLAB THAILAND BAHT UNITED KINGDOM POUND ^ VENEZUELA BOLIYAB BEMO: iubited STATES DOLLAR ,90 132,00 131,79 4INDEX or WEIGHTED AVERAGE EXCHANGE VALUE Of U.S. DOLLAR AGAINST CORBE8CIES OP OTHER G10 CC0HTBIES PLCS SWITZERLAND. HABCH 1973 = 100. WEIGHTS IRE GLOBAL MADE OP EACH OP THE 10 COUNTRIES. SERIES REVISED AS OF AUGflST FOR DESCRIPTION AND BACK DATA, SEE "INDEI OP THE WEIGHTEDAVERAGE EXCHANGE VALUE OP THE U.S. DOLLAR:.REVISION" ON PAGE 700 OF THE AOGUST 1978 FEDERAL RESERVE BULLETIN. VALUE IS U.S. CENTS