Selected Interest & Exchange Rates

Transcription

1 1 t U ) (51/17) ^ Selected Interest & Exchange Rates Weekly Series of Charts April 1,1 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 3-MONTH FORWARD EXCHANGE RATES 3. GOLD PRICE-LONDON. CALL MONEY RATES 5. 3-MONTH INTEREST RATES. EURO-DOLLAR DEPOSIT RATES SELECTED EURO DOLLAR AND U.S. MONEY MARKET RATES a INTEREST ARBITRAGE: 3-MONTH FUNDS. LONG-TERM 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 \LE 73= CHART 1 SPOT EXCHANGE INDICES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE) AVERAGES FOR WEEK ENDING WEDNESDAY FOREIGN CURRENCY PRICE OF U.S. DOLLAR ITALIAN LIRA s RATIO MARCH 17; 1= GERMAN MARK JAPANESE YEN r I l l I illlllllll CANADIAN DOLLAR I DUTCH GUILDER I I I I I I UK POUND i FRENCH FRANC BELGIAN FRANC SWISS FRANC I J I \ J I lllll ill ill I III 111lllll 1 1

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

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

6 CHART CALL MONEY RATES WEEKLY SERIES NT PER ANNUM PERCENT PER M 1 U.S. FEDERAL FUNDS FRANCE 1. V k ^ Xz v JAPAN I I I I I I i ill Mi ill i 1 SWITZERLAND CANADA 1 I IIII I I II I I I I II I II 1 UNITED KINGDOM 1 - i GERMANY NETHERLANDS vv \ v > V/v-V-A i i i i 11,, I,, I,, I, I

7 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES 1 T PER ANNUM V PERCENT PER AN 1 U.S. CD'S : CANADIAN FINANCE CO. PAPER JL - 1, WEIGHTED AVERAGE V/* ** FOREIGN RATE I I I I I I..Intnl., I I I I I I I ill illliii 1 1 UK WTERBANK STERLING FRENCH INTERBANK RATE 1 GERMAN INTERBANK RATE NETHERLANDS INTERBANK RATE -^r I I I I I I SWISS INTERBANK RATE JAPANESE GENSAKI RATE 7 A,. * \r : I I I i ill i h ill i

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

9 CHART 7 SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES DIFFERENTIAL: PLUSW, 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 OVERNIGHT EURO-DOLLAR DEPOSITS -DAY CD* S - - I I I M DIFFERENTIAL DIFFERENTIAL * _ 11 i i i I I I PERCENT ON DIFFERENTIAL SCALE = PERCENT ON RATE SCALE I I I I I I M

10 CHART INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY PERC 1 T PER ANNUM PERCENT PER AN 1 1 EURO-DOLLAR DEPOSITS DASHED LINE CANADIAN FINANCE CO. PAPER, COVERED 1 INTERBANK STERLING COVERED LONDON U. S. COMMERCIAL PAPER DIFFERENTIAL III ll DIFFERENTIAL + I I I II I I I I I I UNI 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 DIFFERENTIAL DIFFERENTIAL a / Y/V\JA/ z^^ I I I I I I I I I I I I PERCENT ON DIFFERENTIAL SCALE = PERCENT ON RATE SCALE

11 CHART LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES IT PER ANNUM - PERCENT PER AN 17 UNITED STATES CANADA I I I I I I IIIMIIIIM UNITED KINGDOM SWITZERLAND d LL±! _ L Ml 1 I GERMANY - I I I I I I I I I I I I I i 11 I I I I I I I 1 U. S. CORPORATE MONTHLY 1 1 FRANCE 1 1 AM BONDS 1, NETHERLANDS MONTHLY I I III I I I I

12 CHART INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO SCALE 1= RATIO SCALE 1= / f UNITED KINGDOM / UNITED STATES > - Avu^xzx /vv< / AWV^ - - jj V\j I I I I I I illllllllil Illllllllil I I I I I I IIIIIIMIM r y - - Ax - 3 f) - - J - - I NETHERLANDS - / - -. J - GERMANY - - aa/ - - n i i I I I A I I I I I i.i.iiiiin ni.iii.iii f 55 3 J J ' - - J FRANCE JT SWITZERLAND /A/ A J A 3 i i I I I i.hilnln i.imii.i.. I I I illllllllil CANADA y* - JAPAN - M/V I I I I I I illllllllil iiliiliiln Illllllllil

13 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 1. SPOT EXCHANGE RATES AND INDICES WEEKLY AVERAGES, NOON BUYING BATES (U.S. CENTS) GERMAN MARK 17 JAPANESE XEN.5531 DUTCH GUILDER 3 J U.K. POUND CANADIAN DOLLAR 7 FRENCH FRANC SWISS FRANC 5.31 BELGIAN FRANC 53 ITALIAN LIRA.13 SWEDISH KBONA 13. INDICES, MARCH 173 BASE RATES = GERMAN MARK JAPANESE YEN DUTCH GUlLDEIi U.K. POUND CANADIAN DOLLAR FRENCH FfiANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA WEIGHTED AVERAGE EXCHANGE VALUE INDICES, MAR 173 = (G- COUNTRIES PLUS SWITZERLAND) U.S. DOLLAR GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FfiANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA * CHART 3-MONTH FORWARD EXCHANGE RATES, PREMIUM OR DISCOUNT CANADIAN DOLLAR U.K. POUND GERMAN MARK FRENCH FRANC SWISS FfiANC DUTCH GUILDER JAPANESE YEN DALIAN LIRA JtfiRIL

14 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 3- GOLD PRICE IS LONDON, AFTERNOON FIXING U.S. DOLLARS PES FINE OUNCE 3db. tij CHART. CALL MONEY RATES U.S. FEDERAL FUNDS OVERNIGHT EURO-DOLLAR DEPOSITS U. K.,. CANADA GERMANY JAPAN FRANCE NETHERLANDS SWITZERLAND CHART 5. 3-MONTH INTEREST BATES U.S. -DAY CD'S, SECONDARY MARKET GERMAN INTERBANK LOAN JAPANESE GENSAKI RATE CANADIAN FINANCE PAPER ; INTERBANK STERLING SWISS INTERBANK LOAN FRENCH INTERBANK RATE - NETHERLANDS INTERBANK RATE WEIGHTED AVERAGE FOREIGN INTEREST RATE (- COUNTRIES PLUS SWITZERLAND) CHART. EURO-DOLLAR DEPOSIT RATES: LONDON OVERNIGHT 7-DAY 1-MONTH 3-MONTH * -MONTH 1-YEAR CHART SELECTED EURO-DOLLAR AND U.S. MONEI MARKET RATES OVERNIGHT EURO-DOLLAR DEPOSITS U.S. FEDERAL FUNDS DIFFERENTIAL 3-MONTH EURO-DOLLAR DEPOSIT RATE U.S. -DAY CD'S, SECONDARY MARKET DIFFERENTIAL

15 SERIES NAME LAS1 VALUE PLOIIED DATE VALUE CHART. INTEREST ARBITRAGE, 3-MONlU FUNDS EURO-DOLLAR DEPOSIT 1 INTERBANK STERLING (LONDON), COVERED 1 DIFFERENTIAL U.S. COMMERCIAL PAPER.3 CANADIAN FINANCE PAPER, COVERED 1 DIFFERENTIAL -. EURO-DOLLAR DEPOSIT 1 INTERBANK DM (FRANKFURT), COVERED 13 DIFFERENTIAL -. EURO-DOLLAR DEPOSIT 1 SWISS INTERBANK, COVERED 5 DIFFERENTIAL -.3 CHART. LONG TERM GOVERMENT BOND IIELDS UNITED STATES 3 GERMANY MARCH 5. b JAPAN (MONTHLY) JAN.. SWITZERLAND MARCH 1. 3 CANADA MARCH 1. 5 FRANCS MARCH.51 NETHERLANDS (MONTHLY) FEB.. UNITED KINGDOM.7 U.S. CORPORATE AAA BONDS ' FEB..7 CHART. STOCK INDICES UNITED STATES 3 UNITED KINGDOM 3. CANADA 3. GERMAN! SWITZERLAND 1. NETHERLANDS 3.35 FRANCE 35.1 JAPAN 35

16 FEDERAL RESERVE statistical release :::::: H. (5) FOREIGN EXCHANGE RATES 11, 1 FOU THE W BK ENDING APKJLL 11, 1 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: COOHTBY aombtlbi USIT APB. 7 rtmneact HMTTS PKB nnit.in APB. APB. APB. APB. 11 AOSTBALIA AOSTBIA BELGIUH BBAIL CANADA CHINA,P.B. DENHABK FINLAND FBANCE BBHAMI GBBBCB HOBG KOBG INDIA IBBLAND ITALY JAPAN BALAISIA NBIHBBLANDS NEB ZEALAND NOBBAX POBTOGAL SINGAPORE SOUTH AFBICA SOTB KOBEA SPAIN SB1 LANKA SWEDEN SB1TZBBLABD TAINAN THAILAND UNITED KINGDOB DOLLAB SCHILLING FRANC CBUZADO DOLLAR TUAN KBONE HABKKA FBANC D. HABK DBACHHA DOLLAB BUPSB POUND LISA IEN BINGGIT GUILDEB DOLLAB KBONE ESCODO DOLLAB BAND NON PESETA BUPBB KBOIA FBANC DOLLAB BABT POUND 71. lb , 15.., , b » BHO: UNITED STATES DOLLAB »1IDM OF H11HT1J AflHiei'mcaANGg 7A1.DE OF B.S. DOLUS ACAllSf CMZ:C1M' Of Of MM <MU CODNTBIBS. EABCB 173. BEIC1TS ABB 17-7 GLOBAL TBADE OF EACH OF TBE COOBTBIES SEBIBS BETISED AS OF AGOST 1 FOB DESCRIPTION AND BACK DATA, SEE "INDEX OF THE BEIGHTED-AWBBAGB EXCHANGE faloe OF THE U.S. DOLLAB: BEilSION" ON PAGE 7 OF THE AUGUST 17 FSDEBAL BESEEM BULLETIN. falbi IS U.S. CENTS