Selected Interest & Exchange Rates

Transcription

1 (51/517) Selected Interest & Exchange Rates Weekly Series of Charts \ January 5,197 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 H. RELEASE CHARTS 1. SPOT EXCHANGE RATE INDICES. 3MONTH FORWARD EXCHANGE RATES 3. GOLD PRICE LONDON. CALL MONEY RATES 5. 3MONTH INTEREST RATES. EURO DOLLAR DEPOSIT RATES 7. SELECTED EURO DOLLAR AND U.S. MONEY MARKET RATES. INTEREST ARBITRAGE: 3MONTH FUNDS 9. LONGTERM GOVERNMENT BOND YIELDS. INDUSTRIAL STOCK INDICES SUBSCRIPTION RATES: Weekly $15. 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.

3 CHART 1 SPOT EXCHANGE INDICES DOLLAR P.CES OF gg MSi5 RATIO S MARCH oo FOREIGN CURRENCY PRICE OF U.S. DOLLAR ITALIAN LIRA RATIO SCALE MARCH 1973=(! GERMAN MARK I I I JAPANESE YEN, w / ~~ C 1 1 1A 1< I I I I I lllllllllln I I I I ill I I I I DUTCH GUILDER CANADIAN DOLLAR UK. ROUND FRENCH FRANC _ I I I I I I iiiiiiliilli BELGIAN FRANC SWISS FRANC I I I I L 19 19

4 CHART 3MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR () AVERAGES FOR WEEK ENDING WEDNESDAY 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 FOfl WEEK ENDING WEDNESDAY U.S. DOLLARS PER FINE OUNCE OUNCE I 5.5 Kg BARS AFTERNOON FIXING PRICE

6 CHART CALL MONEY RATES WEEKLY SERIES PER :NT PER ANNUM PERCENT PER AF 1 U. S. FEDERAL FUNDS FRANCE JAPAN I I I I I 1 SWITZERLAND CANADA I I I I i i UNITED KINGDOM GERMANY NETHERLANDS AWVVS/V

7 CHART 5 3MONTH INTEREST RATES WEEKLY SERIES 1 PER ANNUM PERCENT PER ANN IUM 1 U.S. CD'S CANADIAN FINANCE CO. PAPER 1 L WEIGHTED AVERAGE FOREIGN RATE I I I I I I I I I I I I I I I I I U.K. INTERBANK STERLING I FRENCH INTERBANK RATE l l I I I I I I I I I ill ill ill I GERMAN INTERBANK RATE NETHERLANDS INTERBANK RATE 11 I I I I I I JAPANESE GENSAKI RATE SWISS INTERBANK RATE ~ /x.j< A \r. W I I I I I I

8 CHART EURODOLLAR DEPOSIT RATES AVERAGES FOR WEEK ENDING WEDNESDAY LONDON PER' NT PER ANNUM 1 PERCENT PER M OVERNIGHT 3MONTH 1 7DAY MONTH 1 1MONTH 1YEAR I I I I I I I I I I ill ill I

9 CHART 7 SELECTED EURODOLLAR AND U. S. MONEY MARKET RATES : PLUS(+), FAVORS BORROWING IN U. S. AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM 1 1 FEDERAL FUNDS DASHED LINE 3MONTH EURODOLLAR DEPOSITS OVERNIGHT EURODOLLAR DEPOSITS 9DAY CD' S PERCENT ON SCALE = PERCENT ON RATE SCALE

10 CHART INTEREST ARBITRAGE: 3MONTH FUNDS : PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY 1 U PER ANNUM PERCENT PER AN 1 EURODOLLAR DEPOSITS DASHED LINE CANADIAN FINANCE CO. PAPER, COVERED INTERBANK STERLING COVERED LONDON U. S. COMMERCIAL PAPER J L J_L JIM 1 1 INTERBANK DM COVERED FRANKFURT SWISS INTERBANK (SF) COVERED EURODOLLAR DEPOSITS DASHED LINE EURODOLLAR DEPOSITS DASHED LINE I I I I I I I I I I + I I I I ll I PERCENT ON SCALE = PERCENT ON RATE SCALE

11 CHART 9 LONGTERM GOVERNMENT BOND YIELDS WEEKLY SERIES PERCENT PER ANNUM 1 UNITED STATES PERCENT PER ANNUM 1 CANADA 1 AA 1 I\ I I I I I I iill ihilii V A ~ I I I I I I ulu hill i I ll III III I I UNITED KINGDOM SWITZERLAND 11 # 9 \ yh 7 I I I I I I ii I n h i l l i I I l iilli ii GERMANY JAPAN J ^rnwa " ^ ^ x j \a I I I I I I i l l 11 h i l l i I, J Y i h Y h T I I I I I I 17 U. S. CORPORATE MONTHLY FRANCE 15 Aaa BONDS 13 V 11 NETHERLANDS MONTHLY^ 9 7 I I I I I I Mil.Illlll IIIIIIIIIIII

12 CHART INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO 199= 5 35 RATIO 3 5 UNITED STATES UNITED KINGDOM NETHERLANDS SWITZERLAND FRANCE GERMANY 15 </ I I I I I I I I I I I I I I ~~ i CANADA I I I I I I I I I I I I I I I I I I I I I I I I 19 19

13 SERIES NAME LAST VALUE PLOTTED DATE VALUE T 1 SPOT EXCHANGE BATES AND INDICES MEEKLY AVERAGES, NOON BUYING BATES (U.S. GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KfiONA INDICES, MARCH 1973 BASE RATES = CENTS) # GERMAN MARK JAPANESE YEN DUTCH GUILDER ILK POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA WEIGHTED AVERAGE EXCHANGE VALUE INDICES, MAR 1973 (G COUNTRIES PLUS SWITZERLAND). S. DOLLAR GERMAN MARK JAPANESE YEN DUTCH GUILDER U. K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA Q.9..5 CHART. 3MONTH FORWARD EXCHANGE BATES, PREMIUM OR DISCOUNT CANADIAN DOLLAR U.K. POUND GERMAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE YEN ITALIAN LIRA

14 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 3. GOLD PRICE IN LONDON, AFTERNOON FIXING U.S. DOLLARS PER FINE OUNCE DEC CHART. CALL HONEY RATES U.S. FEDERAL FUNDS OVERNIGHT EURODOLLAR DEPOSITS. K_ CANADA GERMANY JAPAN FRANCE NETHERLANDS SWITZERLAND CHART 5. 3HONTfl INTEREST RATES U.S. 9DAY CD'S, SECONDARY MARKET GERMAN INTERBANK LOAN JAPANESE GENSAKI RATE CANADIAN FINANCE PAPER INTERBANK STERLING SISS INTERBANK LOAN FRENCH INTERBANK RATE NETHERLANDS INTERBANK RATE WEIGHTED AVERAGE FOREIGN INTEREST RATE (G COUNTRIES PLUS SWITZERLAND) < CHART. EURODOLLAR DEPOSIT RATES: LONDON OVERNIGHT 1. 7DAY 9. 1flONTH.9 3MONTH.35 MONTH.19 1YEAR. 17. SELECTED EURODOLLAR AND U.S. MONEY MARKET RATES OVERNIGHT EURODOLLAR DEPOSITS 1. U.S. FEDERAL FUNDS MONTH EURODOLLAR DEPOSIT RATE.35 U.S. 9DAY CD'S, SECONDARY MARKET.7.

15 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART. INTEREST ARBITRAGE, 3MONTH FUNDS EOBODOLLAR DEPOSIT INTERBANK STERLING (LONDON), COVERED U.S. COMMERCIAL PAPER 3 CANADIAN FINANCE PAPER, COVERED.5. EURODOLLAR DEPOSIT.35 INTERBANK DM (FRANKFORT), COVERED.1. EURODOLLAR DEPOSIT SWISS INTERBANK, COVERED CHART 9. LONG TERM GOVERMENT BOND YIELDS UNITED STATES DEC. 7. GERMANY DEC. 5.7 JAPAN (MONTHLY) DEC..7 SWITZERLAND DEC CANADA DEC FRANCE DEC NETHERLANDS (MONTHLY) OCT.. UNITED KINGDOM DEC.. U.S. CORPORATE AAA BONDS JUNE CHART. STOCK INDICES UNITED STATES UNITED KINGDOM CANADA GERMANY SWITZERLAND NETHERLANDS FRANCE JAPAN DEC DEC..7 DEC DEC. 9. DEC DEC DEC..73 DEC. 15.3

16 FEDERAL RESERVE statistical release ;ofgov f ; M #H.(5) JAMUABI 5, 197 FOREIGN EXCHANGE RATES FOB 1MB 1BEK ENDING JABOABI, 197 The Board of Governors of the Federal Reserve System is advised that the Federal Reserve Bank ofnew York has certified for customs purposes the following noon buying rates In New York City for cable transfers payable In foreign currencies: 1 COOBTBI AOSTBALIA AS1BIA BBLGIOB BRAZIL CABABA CHINA,P.B. DBBBABK FIBLABD «BCB IBABT BSCS BB KOBG INDIA IBBLABD ITALY JAPAN I MALAYSIA BBTHBB1ABDS MEM ZEALAND NOBHAI POBTUGAL SINGAPORE *SOOTH AFBICA > SOOTH KOBBA SPAIN SBI LANKA SMBDBB SSIT1BBLABD TAIBAB THAILAND > *BMITBD KINGDOM BOMBTABY 11 DOLLAB SCHILLING FBANC CBOZADO DOLLAB IOAB KBONB MABKKA FBABC D. BABK DBACFLMA DOLLAB BOPBB POOBD LIBA IBM BIMGGIT GOILDBB DOLLAB KBOMB BSCODO DOLLAB BAHD BOB PESETA BOPBB KBOMA FBABC DOLLAB BAHT POOBD (CnHHRMCT nil ITS PBB DOLLAR) DEC. 9 DEC. 3 JAM. JAM , , , , ,533., , 35, MA 5. NA NA. 19. MEMO: TUNITED STATES DOLLAB OTHER G # 7 FEDERAL RESERVE BULLETIM. VALUE IS O.S. CENTS