Selected Interest & Exchange Rates

Transcription

1 s (51/517? DMA FlU U S e W«" FEOtRP.L of CiVtu.'v L i R A R Y K)/g BANK^of fiufjtpys ch/cago Selected Interest & Exchange Rates Weekly Series of Charts September 2,1979 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 PRICELONDON. CALL MONEY RATES 5. 3MONTH INTEREST RATES. EURODOLLAR DEPOSIT RATES 7. SELECTED EURODOLLAR AND U.S. MONEY MARKET RATES. INTEREST ARBITRAGE: 3MONTH FUNDS 9. LONGTERM GOVERNMENT BOND YIELDS 10. INDUSTRIAL STOCK INDICES SUBSCRIPTION RATES: Weekly $15.00 per year or $.0 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.

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= 0 RATIO SCALE MARCH 1973= 0 FOREIGN CURRENCY PRICE OF U.S. DOLLAR CANADIAN DOLLAR 0 10 I I I " # 10 GERMAN MARK FRENCH FRANC 10 : 0 10C I I I I I I *l aa JAPANESE YEN J[^\ 0 A / SWISS FRANC //va/ v ^ ,,,, l"i~ y T T T t I I I I III I III I I DUTCH GUILDER A/ BELGIAN FRANC y" I l l " I I I I I I * UX ROUND A / X x ^ j J 1 ITALIAN LIRA # I I I I I I J.I. j i iiliihilii

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

5 CHART j PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. DOLLARS PER FINE OUNCE 30 U.S. DOLLARS PER FINE OUNCE Kg BARS AFTERNOON FIXING PRICE too

6 CHART CALL MONEY RATES WEEKLY SERIES PER :NT PER ANNUM PER CENT PER ANH 1 10 OVERNIGHT EURODOLLARS JAPAN U.S. FEDERAL FUNDS 2 I I I I I I 1 U.K. 2DAY LOCAL AUTHORITY NETHERLANDS 0 CANADA ik, FRANCE z V V " I I I GERMANY EUROSWISS FRANC 0 EURODM LJJ

7 CHART 5 3MONTH INTEREST RATES WEEKLY SERIES 1 1 INTERBANK STERLING J * ~ # u. S. CD'S / VV SA/XZ e / J \y^j / W WEIGHTED AVERAGE FOREIGN RATE I I I I I I,, # 10 JAPANESE BANK H LOANS AND DISCOUNTS r GERMAN INTERBANK RATE #» L L L SWISS INTERBANK RATE #. CANADIAN FINANCE CO. PAPER X 9 bv / N vv e s W 5 I I I lllllllllll lllllllllll I I I I I I

8 CHART EURODOLLAR DEPOSIT RATES AVERAGES FOR WEEK ENDING WEDNESDAY LONDON PER CENT PER AL OVERNIGHT 3MONTH 1MONTH 1YEAR

9 i t Digitized for FRASER i CHART 7 SELECTED EURODOLLAR AND U. S. MONEY MARKET RATES AVERAGES FOR WEEK ENDING WEDNESDAY to OVERNIGHT EURODOLLAR DEPOSITS 3MONTH EURODOLLAR DEPOSITS FEDERAL FUNDS DASHED LINE '/ 90DAY CD'S DASHED LINE 2 1 DIFFERENTIAL ADJUSTED FOR RESERVE REQUIREMENTS DIFFERENTIAL FAVORS BORROWING IN U. S. F POSITIVE

10 CHART INTEREST ARBITRAGE: 3MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY 1 r~ EURODOLLAR DEPOSITS ^ ] f CANADIAN FINANCE CO. PAPER, COVERED JY + INTERBANK STERLING COVERED LONDON 0 U.S. COMMERCIAL PAPER DIFFERENTIAL DIFFERENTIAL SWISS INTERBANK (SF) COVERED 10 INTERBANK DM COVERED FRANKFURT V EURODOLLAR DEPOSITS EURODOLLAR DEPOSITS DASHED LINE DIFFERENTIAL DIFFERENTIAL

11 CHART 9 LONGTERM GOVERNMENT BOND YIELDS WEEKLY SERIES ENT PER ANNUM PER CENT PER AK WM 1b 11 UNITED STATES CANADA i^\ ~ I I I I I I " 7 7 SWITZERLAND 5 GERMANY 3 13 T I I I I I UNITED KINGDOM FRANCE NETHERLANDS 5 11 U. S. CORPORATE MONTHLY MONTHLY 11 9 Au BONDS 9 "\/ ^ X. 7 EURODOLLAR BONDS 7 J_L

12 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO SCALE 199= 10 RATIO SCALE I 199=* UNITED STATES. A f vvay' A/V 7 UNITED KINGDOM 10 0 ~l I I ML, LL, LLLL IIIMIIIIN JAPAN 0 20 I I l,,l,,in 10 0 CANADA J\j SWITZERLAND iili Mill ii FRANCE IVy A ^ V GENERAL INDEX sj GERMANY VJ 70 I i i #

13 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 1. SPOT EXCHANGE RATES AND INDICES WEEKLY AVERAGES, NOON BUYING RATES (U.S. CENTS) GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA INDICES, MARCH 1973 BASE RATES = , , , 1, , 29 GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA WEIGHTED AVERAGE EXCHANGE VALUE INDICES, MAR 1973 (G10 COUNTRIES PLUS SWITZERLAND) c = U,S. DOLLAR 7.,0 GERMAN MARK 19,,1 JAPANESE YEN 10.,01 DUTCH GUILDER 132.,0 U.K. POUND SEPT. IS 7,,1 CANADIAN DOLLAR SEPT. IS FRENCH FRANC SEPT. IS 95.,35 SWISS FRANC SEPT. IS 10,,7 BELGIAN FRANC 3,.22 ITALIAN LIRA 0,.50 SWEDISH KRONA SEPT. IS 9,.2 CHART 2. 3MONTH FORWARD EXCHANGE RATES, PREMIUM OR DISCOUNT CANADIAN DOLLAR 0.,5 U.K. POUND SEPT. IS 1.,77 GERMAN MARK 5.,53 FRENCH FRANC 0.,1 SWISS FRANC DUTCH GUILDER JAPANESE YEN SEPT. IS 5.. ITALIAN LIRA SEPT t l n 1,.90

14 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 3. GOLD PRICE IN LONDON, AFTERNOON FIXING U.S. DOLLARS PER FINE OUNCE CA 1L MONEY RATES U.S. FEDERAL FUNDS OVERNIGHT EURODOLLAR DEPOSITS 11.5 U.K. 2DAY LOCAL AUTHORITY DEPOSITS S EPT CANADA SEPT GERMANY SEPT. 1.0 EURODM SEPT JAPAN SEPT. 1.1 FRANCE SEPT NETHERLANDS AUG EUROSWISS FRANC SEPT MONTH INTEREST RATES U.S. 90DAY CD'S, SECONDARY MARKET.0 GERMAN INTERBANK LOAN 7.90 JAPANESE BANK LOANS & DISCOUNTS 7.00 CANADIAN FINANCE PAPER.00 INTERBANK STERLING 1.1 SWISS INTERBANK LOAN 2.10 WEIGHTED AVERAGE FOREIGN INTEREST RATE 9.33 (G10 COUNTRIES PLUS SWITZERLAND) CHART. EURODOLLAR DEPOSIT RATES: LONDON OVERNIGHT DAY MONTH.23 3MONTH.3 MONTH. 1YEAR.2 CHART 7. SELECTED EURODOLLAR AND U.S. MONEY MARKET RATES OVERNIGHT EURODOLLAR DEPOSITS 11.5 U.S. FEDERAL FUNDS DIFFERENTIAL ADJ. FOR RESERVE REQUIREMENTS 0.2 3MONTH EURODOLLAR DEPOSIT RATE.3 U.S. 90DAY CD'S, SECONDARY MARKET.0 DIFFERENTIAL 0.79

15 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART. INTEREST ARBITRAGE, 3MONTH FUNDS EU xcdollar DEPOSIT..3 INTERBANK STERLING (LONDON), COVERED.,31 DIFFERENTIAL 0.,52 U.S. COMMERCIAL PAPER 11.,7 CANADIAN FINANCE PAPER, COVERED..7 DIFFERENTIAL EURODOLLAR DEPOSIT..3 INTERBANK DM (FRANKFURT), COVERED DIFFERENTIAL EURODOLLAR DEPOSIT..3 SWISS INTERBANK, COVERED.,9 DIFFERENTIAL 0.. CHART». LONG TERM GQVERMENT BOND YIELDS UNITED STATES SEPT GERMANY AUG JAPAN (MONTHLY) JUNE..07 SWITZERLAND AUG. 31 3,.51 CANADA SEPT FRANCE JULY NETHERLANDS AUG. 2,.3 UNITED KINGDOM SEPT U.S. CORPORATE AAA BONDS EURODM BONDS EURODOLLAR BONDS AUG DEC..3 JULY.3 CHART 10. INDUSTRIAL STOCK INDICES UNITED STATES SEPT JAPAN AUG CANADA DEC FRANCE AUG UNITED KINGDOM SEPT SWITZERLAND SEPT GERMANY AUG. 31,.2

16 AUSTRALIA DOLLAR AUSTRIA SCHILLING BELGIUM FRANC CANADA DOLLAR DENMARK KRONE FINLAND MARKKA FRANCE FRANC GERMANY D. MARK INDIA RUPEE IRELAND POUND ITALY LIRA JAPAN YEN MALAYSIA DOLLAR MEXICO PESO NETHERLANDS GUILDER NEW ZEALAND DOLLAR NORWAY KRONE PORTUGAL ESCUDO SOUTH AFRICA RAND SPAIN PESETA SRI LANKA RUPEE SWEDEN KRONA SWITZERLAND FRANC UNITED KINGDOM POUND Digitized for FRASER FEDERAL RESERVE statistical release H.10(5) FOREIGN EXCHANGE RATES FOR THE WEEK ENDING SEPTEMBER 21, 1979 SEPTEMBER 25, 1979 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: COUNTRY. MONETARY (RATE U.S. CENTS ) UNIT SEP. 17 SEP. 1 SEP. 19 SEP. 20 SEP. 21