The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
{ k o j z A
J p r i l 1 1 , 1973
•hs
flo*
*65
- - —| -TT^Trim
aiMii
D INTEREST &
EXCHANGE RATES
FOR MAJOR COUNTRIES &
THE US.
V'
)f/3
/-"S-
TABLE OF CONTENTS
PART I. EXCHANGE RATES AND GOLD PRICES
Chart 1A and 8 - Spot Exchange Rates, Mayor Currencies against U.S. Dollar
Chart 2A and B - 3 Nonih Forward Exchange Rales, Major Currencies against
U.S. Dollar
Chart 3Aand8 - 3 Nonlh Forward Exchange Rates, Major Currencies against
U X Pound
Chart 4
- Gold Price in London
PART II. SHORT-TERN INTEREST RATES
Chart 5
-Call
Chart 6A and 8 - London: Euro-$ Deposit Rates
Chart 7A and 8 - New York - Londot: Yields on U.S. Dollar Ftmds
Chart 8A and 8 - London: Covered Yields on U.S. Dollar Funds
Chart 9A and 8 - Interest Arbitrage: United States United Kingdom
Chart lOA and B - Interest AAitrage: U.S.-Gemany and U.S.-Switzerland
Chart 11
- Interest AAitrage: United StNf t f w a d i
Chart 12A and 8 - Selected Short-tent Interest Rates
PART III. LONG-TERN INTEREST RATES AND STOCK INDICES
Chart 13
Chart 14
- Long-Ten Bond Yields
- Industrial Stock Indices
PART IV. SELECTED CENTRAL BANK DISCOUNT RATES AND
LATEST AGURES PLOTTED ON THE CHARTS
NOTE: This series is a amtimnikm
ef the CAPITAL NARKETS DEVELOPMENTS ABROAD,
•hidi was paiisW wader that title flm# DfiwNw 31, WIS.
Thedhanges iafcefai«atand ordered*charts are nrpiainad in the Siwpifwt
to the series, rntk* arronipinir l issue dated Iwuary 1 , 1 W .
All series and their sources axe Mly described is a S#pte#eat dated January 1,1972.
SPOT EXCHANGE RATES MAJOR CUMCMCCS AGAINST US- DOLLAR
SWISS FRANC
GHMUW (MM
2
fcelo*
DUTCH GUILDER
- 2
' FRENCH FRANC
JAPAWESC V€W
T.s'
JAPANESE YEN
f f t f M C H fltAftC
DUTCH 6U1L0E*
- 2
Below
M
S
D
1972
* Pound floated June 23. 19/2
* * Swiss Franc floated January 23. 1973 See separate chart
* * * J a p a n e s e Yen floated February 13. 1973
* f ' Based on new Central Rate
Digitized for *FRASER
I*
J
1973
S
D
SPOT BtCHAUCE HATE MAJOR CUMEMOES AGAWST US. DOHA*
Wee*u* averages
ITALIA* LIRA
BtLClAW f U M t C
1972
1973
Ratio stale U v
Ratic sca.e U S ce^"
CAHADVMH DOLLAR
UJ( POUII0
1970
* * * Italian Lira floated February 13, 1973
* * * * Based on new Central Rate
1971
1972
1973
SPOT EXCHANGE RATES - MAJOR CURRENCIES AGAINST U 3 DOLLAR
May 11. 1971 - Dec 17 1971
Weekly averages
12
GEftMAMY/
1
1
4
V 1
J
„
/
WETHEHUWOs/
/
/
1
j
:
FRANCE
JAP A*
US
dollar
I I 1 i I 1 I
I I ' '
MAY
JUNE
JULY
AUG
SEPT
1971
* Financial franc
OCT
NOV
w
Chart I D
SPOT EXCHAWOF HATES - MAJOR CUMENCIES ACAWST U J OOUAIK
11. 1 9 7 1 - Dec
UJL
UJL J
MAY
AUG
• f o r clafity the werUcel scale is double thet used w 1C
OCT
isn
DEC
3-MONTH FORWARD EXCHANGE - MAJOR CURRENCES AGAINST US. DOLLAR
Per cent per annua
CANADIAN DOLLAR
K POUND
GERMAN MARK
PRLMIUV
DUTCH GUILDER
1971
1970
*
Canaaia r
Dona-
-c
supporlec L»
See DLSLHlPi ,0N ANL SOURCES OF D A U
1972
1973
/
3-MOUTH FORWARD EXCHANGE - MAJOR CURREWCES AtiAWST US. OOiiAflt
Weekly averages
ceoi pet
PREMIUM
HEUCM FfwHC
DISCOUNT
PREMIUM
W
J
S
D
1970
M
J
S
D
1971
See DESCRIPTION AND SOURCES OF DATA. January 1. 1973. pp 2 3-
1972
1973
3-MONTH FORWARD EXCHANGE - MAJOR CURRENCIES AGAINST UX POUND
Per cent per a n n u m
PREMIUM -
GERMAN MARK
U.S. DOLLAR
DISCOUNT -
D £ S : R I P t I V N ANL s u u r : ^ O : DA-U
Chart 36
3-MONTH FORWARD EXCHANGE - MAJOR CURRENCIES AGAINST UK. POUND
Frulay figures
p€f
cent
^
PREMIUM *
SWISS FRAttC
FRENCH FRANC
DISCOUNT -
S
1970
M
S
D
1971
See DESCRIPTION AND SOURCES Of DATA January 1 1973. p 3
S
1972
M
S
1973
0
Wee* s average of afternoon tuing:
See DE.SCRIPTlOfl AND SOURCES Of DATA Jsr.oai
Chart 5A
CALL MONEY RATES
DOLLAR FUNDS
Weekly averages
Per cent per annum
OVERNIGHT EURO-DOLLAR DEI
CALL EURO-DOLLAR DEPOSITS
FEDERAL r i W D S
2
DIFFERENT
EURO DOLLAR
FAVOR H U t R A t
FUNDS
EURO-CURRENCIES
EURO-SWISS FRAWC
r
1970
* Changec from CALL tc OVERNIGHT Euro adia^ oeposilt
1972
Mdv H
See DESCRIPTION AND SOURCES OF DATA. Januar> 1 1973 pp 4-6
D
D
1971
197 1
D
1973
Chart 56
CALL HOMEY RATES
SELECTED FOREIGN AND EEC CURRENCIES
Friday Itgures
Per cent per annum
!
:
'
!
V .
•
n
j
m
' V L
J
-
HUHCEa/V^
m
i 4
"W!
EiMMUWeS U
i
1 ,
,
;
:
lA
/
,
K
,
France. Day to-day Money. Netherlands. Call Money, weekly average; Japan, Unconditional Money;
Canada, Day-to-day Loans, weekly average. Germany, Call Money. U * . 2-day Local Authority Deposits.
See DESCRIPTION AND SOURCES OF DATA. January 1, 1973. pp *-6
;
i
i
12
Chart 6A
LONDON: EURO DOLLAR DEPOSIT RATES
Friday figures
Per cent per annum
; 5 QC
10
OVERNIGHT
CALL
7-DAY
12
1-MONTH
M
J
S
D
M
1970
J
S
D
1971
* May 12/71—changed to Overnight Euro-Dollar Deposits
* • July 1—changed to 7-Day Euro-Dollar
See DESCRIPTION AND SOURCES OF DATA. January 1. 1973. p 6.
M
J
1972
S
D
M
J
1973
s
D
LONDON: EURO-DOLLAR DEPOSIT RATES
Friday figures
Per cent per annum
:
-
\
J
'
-
IL
/I
\
~
/
v°
l
/
V
Y i l
3-MOMTH
—
^
-
-
1 1 1I 1111111
1 11111 ! 111! l
!
'
I ' l l
1 I 111111111
_
|
-
-
64KWTH
V\
f
-
-
1 ! I 11111111
1970
1 1111111I 11
1971
See DESCRIPTION AND SOURCES OF DATA, January 1. 1973. p 6
I I 1 II 1J 1 1 J i
1972
J i 1 J I I i J 1J i
1973
Chart 7A
NEW YORK-LONDON: YIELDS ON US. DOLLAR FUNDS
3-MONTH DOLLAR DEPOSIT RATES-SECONDARY MARKET
Per cent per annum
Wednesday figures
12
-
-
10
/
t
-
u
\ V \
A
> -
!
/ \
1
\ EURODOLLAR DEPOSIT
y
Ivy
i
US. CERTIFICATE OF DEPOSIT
1 I i > 1 ! 1 i 1 I
;
i
.
.
i
.
; ;
i
1 1
: I ;
: i 1
i
I
i
1
!
1
i
11
1 1 1 1 1 1 1 1 1 1
1
FAVOR EURO-DOLLAR
DIFFERENTIAL
1
W\(\
V
v
V ^ r \ /vxnA,[A
,
\ q i
j
x /
-
w
EURO DOLLAR OVER US. CERTIFICiATE OF DEPOSIT
!
i 1 i i 1 M
M
J
1 ii
S
1 i i 1 i i 1 i i 1 J J
D
1970
M
J
S
D
1971
See DESCRIPTION ANDSOURCESOF DATA, January 1, 1973. pp 6 7
i i 1 i i 1 i i 1 i i
M
J
S
1972
D
I l 1 I l 1 l l 1 l i
J
1973
S
D
M
Chart 78
NEW YORK-LONDON: COST OF U S . DOLLAR FUNDS
3-MONTH DOLLAR DEPOSIT RATES-PRIMARY MARKET
Wednesday figures
Per cent per annum
12
EURO-DOLLAR DEPOSIT
ADJUSTED
UJ. CERTIFICATE Of DEPOSIT
ADJUSTED
I
i
\*s
-
i
a r
-
_
V
i _
U M U W U f W
\ J l f V v A
V
UJ- CERTFICA1ft OF DEPOSIT
ADJUSTED
i i i i i ! it
M
J
S
i i 1i i 1i i 1i i
1i i
D
M
1070
J
S
O
If71
* Adjusted for Reserve Requirement
* * Adjusted for 10% Marginal Reserve Requirement
* * * A d j u s t e d for 20% Marginal Reserve Requirement
See DESCRIPTION AND SOURCES OF DATA, January 1, 1973. pp 6 7
1 1 1 111 II 1 1 1
M
J
1972
S
D
i
M
i '
i
J
i
1 i i
S
1972
i
D
i
i
LONDON: COVERED YIELDS ON U S. DOLLAR* FUNDS
HIRE PURCHASE/STERLING CD's vs EURO-DOLLAR RATES
Friday figures
V
Per cent per annum
kA
EURO-DOLLAR DEPOSIT
[
! HIRE PURCHASE
W
j
COVERED
STERLING CD's
-
|
1
:
COVERED
j
;
:
:
:
!
'
•
, . , ! 1 i 1 1 1 ;
FAVOR STERLING CD's
__ DIFFERENTIAL
FAVOR EURO DOLLAR
!_
W l j
1970
S
D
V
J
S
1971
D
! . •
M
• • ! i i
J
S
D
1972
* H i r e Purchase suspended August 1 1. 1972 and Sterling Certificates of Deposit
begin August 11. 1972
See DESCRIPTION AND SOURCES OF DATA January :
197-
7t
! 1 l i m
W
J
! M
S
1973
! ! I 1 8
Y\
Chart 88
LONDON: COVERED YIELDS ON US. DOLLAR FUNDS
LOCAL AUTHORITY AND EURO DOLLAR RATES
Friday figures
Per cent per annum
12
EURO DOLLAR DEPOSIT
LOCAL AUTHORITY
DEPOSIT
COVERED
M i l l
1
__ DIFFERENTIAL
Ay v/
1
FAVOR LOCAL AUTHORITY
ifl A
f y v
FAVOR EURO DOLLAR
1 1 i 1 1 1 1 1 1 1 1
W
J
S
D
1*70
i i 1 i i 1 i i 1 ii
W
J
S
D
i i 1 i i 1 i i 1 i i
M
1971
See DESCRIPTION AND SOURCES OF DATA. January 1. 1973. pp 7 8
J
S
1972
1 1 1 1 1 1 1 1 1 1 1
J
1973
S
Chart 9A
INTEREST ARBITRAGE: UNITED KINGDOM AND UNITED STATES
Friday figures
!
Per cent per annum
3 - M O N T H TREASURY B I L L RATES
14
U * . LOCAL AUTHORITY DEPOSITS
UNCOVERED
MEW YORK
LONDON,
NEW YORK
M
J
S
D
1970
M
J
S
D
1971
* Plotted for comparison purposes
See DESCRIPTION AND SOURCES OF DATA, January 1, 1973, pp 8-9
M
s
1972
D
J
1973
S
D
INTEREST ARBITRAGE: UNITED KINGDOM AND UNITED STATES
Friday figures
Per cent per annum
RATE DIFFERENTIAL AND 3-MONTH FORWARD STERLING
PREMIUM
SPREAD W FAVOR OF
FORWARD RATE
DISCOUNT
RATE DIFFERENTIAL WITH FORWARD EXCHANGE COVER
FAVOR LONDON
FAVOR NEW YORK
M
S
D
1970
M
J
S
D
1971
See DESCRIPTION AND SOURCES OF DATA, January 1, 1973, pp 8 - 9
M
S
1972
D
M
J
1973
S
D
y
Chart 10A
3-MONTH FUNDS INTEREST ARBITRAGE: EURO DOLLAR - GERMAN MARK
FRANKFURT INTERBANK LOAN RATE VS. LONDON EURO DOLLAR RATE
Wednesday rates
Per cent per annum
IN TERMS OF DM
GERMAN INTERBANK
LOAN RATE
EURODOLLAR
i COVERED
DIFFERENTIAL J
. - J—I -1 L
D
1969
1970
No quotation
See DESCRIPTION AND SOURCES OF DATA. January 1. 1973. pp 9 10
S
D
1971
D
FAVOR EURO DOLLAR
M
J i 1_.i_J__L._L I J
1972
S
D
T /
Chart 106
3-MONTH FUNDS INTEREST ARBITRAGE: EURO DOLLAR - SWISS FRANC
ZURICH DEPOSIT RATE VS. LONDON EURO DOLLAR RATE
Wednesday rates
Per cent per annum
IN TERMS OF SWISS FRANCS
COVERED
RATE
FAVOR ZURICH
DIFFERENTIAL
FAVOR EURO DOLLAR
J
S
D
M
1969
S
D
1970
No quotation
See DESCRIPTION AND SOURCES OF DATA, January 1. 1973, pp 9 10
M
J
1971
S
D
M
J
1972
S
0
2
3-MONTH INTEREST AtttTRAGE: UWTEO STATES - CANADA
f n d a y figures
Per cent pe< annum
I BILL RATES
, € * * . F M . CO.
UWTEO STATES
TREASURY M L l i
8 ILL RATE DIFFERENTIAL AND FORWARD CANADIAN DOLLAR
FORWARD RATE
COVERED RATE DIFFERENTIALS
TREASURY
FAVOR CANADA
PAPER
1970
See DESCRIPTION AND SOURCES OF DATA, January 1. 1973, pp 10 11
1971
1972
z
Chart 12A
SELECTED SHORT-TERM INTEREST RATES*
Per cent per annum
10
Mill
I I I II I
1 I1 1 I 1 1 I I
JAPAN
3
l l I I l I I I
1
1
1968
••1 I I 1 I ' 1 I I
i 1 i i ! i
1970
* 3 - m o n t h treasury bill rates for all countries except Japan(Average rate on bank loans and discounts)
and Germany(tnterbank Loan Rate)
See DESCRIPTION AND SOURCES OF DATA, January 1. 1973. pp 11-12
1972
>(
Chart 128
SELECTED SHORT-TERM INTEREST RATES *
Per cent per annum
EURO-DOLLAR - LOMDOM
1968
1970
• 3-month treasury bill rate for U.S.. Switzerland - 3-month deposit rate.
• * 3-month rate for U S dollar deposits in London
See DESCRIPTION AND SOURCES OF DATA, January 1, 1973, pp 11 12
1972
LONG-TERM B O N D YIELDS
Weekly figures
—
q
NETHERLANDS
US
SWITZERLAND
3
:
~
11
UK
GERMANY,
A
CANADA
€
-I " ~ •" ~ - ~ "
—
11
US CORPORATE:
DOLLAR EURO-BONDS
Aaa BONDS
DM EURO-BONDS
1970
1971
ULb'. klp"'0N ANL bOURCLb Of DAI A jc".u.
1972
: Li- : / : :
1973
1974
n
/
i
CHART 14
1958=100
INDUSTRIAL STOCK INDEXES
Ratio scale
1 200
/
\
!
|
m
m
m
j
\ x
m
MO
j_
W "
|
^
!
-
i
UWTE0 KWC00H /
\
w
v
i
i 1 1 .; i ! !, I 1 I, ! 1 1 i 1,i 1 1 i i 1 i i 11 i i
'
1
1 I I i « I i i I i1 i i , i i ! i i 1 i i
1
•
i t e m
s
S*
'
-
'
^
\
7
\
-
/
^
\
r
MO
'
/
W
/
J
[
1
G0HUMV
240
CMMO*
i M i M
i i 1i i
1060
i i I i i 1i i ! i i
1070
V
i i ! ,i i I i i 1 i i
1071
1 11 111 II 1 1 1
1072
* Japan mde* of 225 industrial and other stocks traded on Tokyo exchange
* * Japan wide* of all industrial and other stocks traded on the first section of the Tokyo Stock £«cfaaflflr
See DESCRIPTION AND SOURCES OF DATA. January 1. 1973. pp 15 16
A p r i l 1 1 , 1973
H. 13
No. 605
Country
IV. SELECTED CENTRAL BAStK DISCOUHT RATES
Current Rate
In Effect Since
Previous Rate
In Effect Since
E.E.C.:
Seigim
France
5,0
Dec. 2 1 , 1972
4.5
Nov. 2 2 , 1972
7,50
Nov, 3 0 , 1972
6,50
Now, 2 , 1972
fiewny
5, 00
Jaa.
4,5
Nov, 3 0 , 1972
Italy
4.0
A p r i l 1 0 , 1972
4,5
Oct,
Netherlands
4.0
Nov. 3 , 1972
3,0
Sept, 8 , 1972
**United
Kingdom
12, 1973
1 4 , 1972
8.75
Jan.
19, 1973
9.0
Dec. 2 2 , 1972
Switzerland
4.50
Jan.
1 , 1973
3,75
S e p t , 1 5 , 1972
Canada
4.75
O c t . 2 5 , 1971
5.25
Feb. 2 4 , 1971
Japan
5.0
A p r i l 2 , 1973
4.25
June 2 4 , 1972
United Stales
5,00
Jan.
4,50
Dec. 1 3 , 1971
1 5 , 1973
* * £ f f e c t i v e October 1 3 , 1972, t h e Bank o f England r e p l a c e d i t s t r a d i t i o n a l
Bank Bate w i t h a f l u c t u a t i n g "minimum l e n d i n g r a t e " based on a v e r a g e
Treasury b i l l tender r a t e .
J a n u a r y 19, 1973. - - 8 . 75
LATEST FIGURES PLOTTED ON THE CHARTS
Chart
Panel
Series
1A
Upper
Swiss franc*
U.K. pound*
French franc *
Japanese yen *"
1
Lower
16
Upper
2A
German mark
Swiss franc
U.K. pound
Dutch guilder
Canadian dollar
French franc
Japanese yen
Upper
I
Lower
3A
4
Gold price, U.S. dollar per ounce
Uflper
1
Middle
Lower
j
36
«
"
"
M
•«
•«
«
Upper
!
|
!
Lower
-
Overnight Euro-S deposits
Federal Funds
Differential
Euro-currencies
Euro OK
Euro Swiss Fr
Japan, Unconditional Honey
U K , 2-day Local Author. Deps.
Canada, Day-to-day Loans
France, Day-to-Day Money
Germany Call Money
Netherlands. Call Money
Rate
30,8010
248.014
21,9800
,377140
2,4925
.16*720
100.0660
35,1800
33,9620
+7,42
44,95
-2,46
+7.62
+2,26
+1, 33
,
German mark
U.S. dollar
Swiss franc
French franc
38
5A
Apr, 6
Belgian franc*
Italian lire *
Canadian dollar*
Gemanmadt*
Dutch guildei*
Lower
28
Date
A p r i l 11, 1973
Mo. 605
48,66
+2,21
44,74
+3,11
,,
Apr, 4
"
Apr, 6
"
Mar, 30
M a r , 30
M a r . 28
Apr# 6
APT, 6
90,38
15,05
7,18
+7,87
1.83
1,70
5,50
9,625
4,38
7,50
12,50
.53
Mar. 23
*lfeekly average of daily certified oooc rate* by the Federal Beaerve Baek o f
Hew York, lheae rates ere not plotted.
|
A p r i l 1 1 , 197
No. 605
IV - 3
Pane!
Chart
Series
oA
Euro-S Overnight Rate
Euro-S 1-month Rate
66
Euro-S 3-month Rate
Euro-S 6-month Rate
7A
Upper
Euro-S 3-month Deposits
Lower
Differential
Upper
Euro-S 3-month Deposits
U.S. Certificate of Deposits
:
76
Euro-S 3-month Deposits (Adj.)
U.S. Certificate of Deposits (Adj.)
Lower
Differential: on Adj. Euro-S Deposits
|
8A
on Unadj. Euro-S Deposits
Upper
I
Euro-S 3-month Deposits
S t e r l i n g CD's (covered)
86
8.000
7.375
8 . 375
8.000
8.625
8.188
8.688
6.312
8.88
8.50
7.22
7.32
+1.66
4-1. 18
8.88
8.50
11.09
10.62
7.11
7.11
T
28
4
+3:51
-1.71
-1.39
Mar. 16
8.28
16
7.19
Mar.
Lower
Differential
Mar. 16
-1.09
Euro-S 3-month Deposits
Mar. 16
8.28
Local Authority Deposits (covered)
Mar. 16
7.38
16
30
6
30
6
-0.90
6.22
6.34
7.83
7.77
j
Differential
U.S. Treasury Bill rate
9A
U.K. Treasury Bill rate
96
30
6
30
6
30
6
30
6
26
4
26
4
28
4
26
6
28
4
28
6
MarApr.
Mar.
Apr.
Mar.
Apr.
Mar.
Apr.
Mar.
Aur.
Mar.
Apr.
Mar.
Apr.
Mar.
Apr.
Mar.
Apr.
Mar.
Apr.
Mar.
Apr.
Mar.
Apr.
Upper
Lower
i
Rate
Date
Upper
Local Authority Deposit (uncovered)
Mar. 30
10.06
Spread (+= favor London)
Mar.
Apr.
Mar.
Apr.
Mar.
Apr.
30
6
30
6
30
+1.61
+1.43
-2.77
-2.57
-1.16
-1.14
3-month Forward Pound
Lower
|
Mar.
Mar.
Apr.
Mar.
Apr.
Net Incentive (+- favor London)
6
i
4
-1
A p r i l 11, 1*73 9
Wo, 605
IV-4
Chart
Panel
Series
IDA
Uflper
Bmd-$ Deposits (coweeed)
H e r , 28
GeMjn Inteibank Loan We
"
10B
N,A,
Diffwtial
Mar. 2 1
10,88
Upper
£iwo-$ OeposHs (cowed)
Mer,
Aor.
Mer,
Apr.
Mer,
Apr.
Mer,
Aor,
4,55
3,57
4,00 p
4,00 p
-0,55
*0,43
5,13
5,25
6,22
6.34
4,39
4,37
6,63
Swiss Deposit r * e
Uflper
OHIewlial
Canadta Finance P*per
Mer,
U.S. Treasury Sill ale
Canadian Treasury Bill
U.S.
Second
Prime
ate
Finance paper
(not plotted)
Sill We diffamntial
Forward Canadian dollar
12A
40,04
Lower
Lower
11
tale
Me
Third
llet incentive en tolls
Mom
Met incentive on Finance Paper
Upper
U K. Treasury Bill cale
U.S. Treasury Bill rate
German
1
Lower
328
Meitunk
Loan rate
Apr.
Mer,
Apr,
Mer,
28
4
28
4
28
6
30
6
30
6
30
6
30
Apr, 6
6,75
M e r , 30
Apr. 6
M e r , 30
-1,83
-1-97
42,32
4-2.16
40,49
4 0 , 19
-4,02
-3.66
7,83
7,77
6,22
6.34
N.A,
ALA,
Mer.
fpr.
Mer,
Aor.
Mer,
Aor,
Mer,
Aor.
Mer,
Aor,
30
6
30
6
30
6
30
6
30
6
Japanese Average rale
Jenuery
Canadian Treasury Bill rafce
2K:I°
U-S- Treasury Bill rale
2&l°
1:12
Mer,
Apr,
Mer,
Apr,
Mer,
Apr,
8,62
8 , 19
4,00 p
4,00 p
6,22
6,34
Euro-S Deposes
Swiss 3-worrth Deposit rate
U.S. Treasury Bill rate
30
6
30
6
30
6
6,710
A p r i l 11, 1973
No. 605
IV-5
Chart
Panel
Series
Dale
13
Upper
Netherlands
Mar. 30
6.59
Canada
Mar. 23
7.30
Apr. 6
6.698
* United States
Middle
Rale
Switzerland
Mar. 16
5.32
Germany
Mar.
16
8.56
Mar. 30
10.20
United Kingdom
Euro-dollar bonds
Lower
U.S. Corp. Dollar Euro-bonds
U.S. Corp. DM Euro-bonds
U.S. Corp. Aaa bonds
14
Upper
Middle
Jan.
7.66
G
Jan.
7.12
7.22
Feb.
Switzerland
Mar. 30
411.8
Germany
Mar. 30
330, 40
United States
Apr. 6
244.62
United Kingdom
Canada
Lower
Series C
** Japan
United States
Mar. 30
285.47
Mar. 29
289.07
Mar. 31
923.18
Apr. 6
244.62
** Beginning week ended September 5,1970, the Japanese index plotted is that of all industrial and other stocks
on the First Section of the Tokyo Slock Exchange.
* Average y i e l d on s e l e c t e d bonds due o r c a l l a b l e i n 10 y e a r s o r more.
a t t a c h e d t a b l e f o r 1973 f i g u r e s .
See
@FedFRASER