The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Selected Interest & Exchange Rates \AfeekIy Series of Charts AUGUST 30,1976 DIVISION'OF V vf; INTERNATIONAL FINANCE Prepared by the FINANCIAL MARKETS SECTION BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C 20SS1 Table of Contents TABLES SUBSCRIPTION RATES: 1. LATEST FIGURES PLOTTED Weekly $15.00 per year or $.40 each in the United States, its possessions, Canada, and Mexico; 10 or more of the same issue t o one address, $13.50 per year or $.35 each. Elsewhere, $20.00 per year or $.50 2. D A I L Y CERTIFIED SPOT EXCHANGE RATES-H.10 RELEASE CHARTS 1. SPOT EXCHANGE RATE INDEXES 2. 3-MONTH FORWARD EXCHANGE RATES 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. GOLD PRICE -LONDON 4. C A L L MONEY RATES 5. 3-MONTH INTEREST RATES 6. EURO-DOLLAR DEPOSIT RATES 7. SELECTED EURO D O L L A R A N D U.S. MONEY M A R K E T RATES 8. INTEREST A R B I T R A G E : 3-MONTH FUNDS 9. LONG-TERM GO VERNM ENT BOND YIELDS 10. INDUSTRIAL STOCK INDEXES # - Chart 1 SPOT EXCHANGE RATES D O L L A R PRICES OF F O R E I G N CURRENCIES A N D W E I G H T E D A V E R A G E V A L U E S (DASHED LINE) A V E R A G E S FOR W E E K E N D I N G W E D N E S D A Y CANADiAN DOLLAR 100 FOREIGN CURRENCY PRICE OF U.S. D O L L A R 90 > 80 v / I ' I A , I I — I I v v ^ I JAPANESE Y E N h\ FRENCH FRANC I — / i i l l l l l l l l l l l i I |V "V-' I I I l l l l l l l l l l l M l l l l l l t l h l _ 200 - I - 200 180 A - 180 I ^ - » GERMAN MARK ' : 140 100 160 ' I I f\ / r V ~ / \ y 100 I I I l l l l l l l l l l l III I, " I ~ U f 140 f n - J I I I I I I I 100 BELGIAN FRANC V-N/- — - I I I i M i i i i i h i i i i iiImIiiIm 120 U.K. POUND ITALIAN LIRA - ! X I I ^ I iV \\ \ V - [ Sr l I I I I I I 1974 I 1976 120 . - V 160 , / v X / \ / h DUTCH G U I L D E R J / V- T r - ' J 7- I I _ ~ I 160 SWISS FRANC / | I I I I I l l l l l l l l l l l v IllMlllhl Chart 2 3-MONTH FORWARD EXCHANGE RATES PREMIUMS (+), OR DISCOUNT ( - ) AVERAGES FOR WEEK ENDING WEDNESDAY 6 — CANADIAN DOLLAR 0 6 6 SWISS FRANC U.K. POUND 0 6 12 12 12 GERMAN MARK DUTCH GUILDER 6 0 6 6 FRENCH FRANC JAPANESE YEN 2 per cent on scale equals 1 per cent on all others 0 6 12 1974 24 1976 1974 1976 Chart 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY US. DOLLARS PER FNE OUNCE 210 — 12.5 Kg BARS Afternoon fixing price 180 150 120 90 60 1974 1976 Chart 4 CALL MONEY RATES WEEKLY SERIES PER CENT 15 |— OVERNIGHT EURO-DOLLARS JAPAN 10 5 U.S. FEDERAL FUNDS 0 20 20 U.K. 2 - D A Y LOCAL AUTHORITY FRANCE 15 10 5 0 15 10 15 NETHERLANDS CANADA 5 o 20 20 EURO-SWISS FRANC 15 10 5 0 EURO-DM 5 1974 1976 1974 1976 Chart 5 3-MONTH INTEREST RATES WEEKLY SERIES 12 UNITED STATES CD's CANADIAN FINANCE CO. PAPER 8 4 16 U.K. INTERBANK STERLING GERMAN INTERBANK RATE 12 8 4 14 EURO-DOLLAR SWISS DEPOSIT RATE 10 6 JAPAN Monthly 1974 1976 1974 1976 Chart 6 EURO-DOLLAR DEPOSIT RATES London AVERAGES FOR WEEK ENDING WEDNESDAY PER CENT PER ANNUM 16 — 3-MONTH OVERNIGHT 12 8 4 16 16 6-MONTH 7-DAY 12 8 16 16 1-MONTH 1-YEAR 12 8 1974 1976 1974 1976 Chart 7 SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES AVERAGES FOB WEEK ENDING WEDNESDAY 3-MONTH Euro dollar deposits FEDERAL FUNDS 10 OVERNIGHT Euro dollar deposits 90 DAY CD's 5 0 DIFFERENTIAL Adjusted for reserve requirements DIFFERENTIAL Adjusted for reserve requirements Favors Borrowing in U.S. if 1 1974 Positive 1976 1974 1976 Chart 8 INTEREST ARBITRAGE: 3-MONTH FUNDS AVERAGES FOR WEEK ENDING WEDNESDAY DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS PER PER CENT PER Af ENT PER ANNUM 20 INTERBANK DM Covered Frankfurt INTERBANK STERLING Covered London 15 EURO-DOLLAR DEPOSITS 10 DOLLAR DEPOSITS 5 V, 0 1 ! [ h ' * ! DIFFERENTIAL DIFFERENTIAL 5 W 10 ' I IJJJJU 15 CANADIAN FINANCE CO. PAPER, COVERED EURO-DOLLAR DEPOSITS SWISS DEPOSITS <SF) COVERED 10 5 U.S. COMMERCIAL PAPER 0 DIFFERENTIAL 5 i DIFFERENTIAL I I I I I ! I ! 1974 Chart 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES 9 CANADA UNITED STATES 7 5 12 JAPAN \ Industrial SWITZERLAND JO 8 GERMANY 6 14 12 18 UNITED KINGDOM FRANCE 10 8 NETHERLANDS 6 4 12 12 U.S. CORPORATE Monthly 10 U S. CORPORATE Monthly Euro-dollar bonds Aaa bonds 8 Euro-Dm bonds 6 1974 1976 1974 1976 Chart 10 INDUSTRIAL STOCK INDEXES WEEKLY SERIES SATIO SCALE 1969=100 180 UNITED STATES 100 60 45 140 400 300 UNITED KINGDOM 100 JAPAN 60 35 140 240 180 SWITZERLAND CANADA 60 60 35 180 FRANCE General Index 100 GERMANY 45 1974 1976 1974 100 SERIES NAME CHART 1 . SPOT EXCHANGE RATES U . S . DOLLAR, WEIGHTED AVERAGE JAPANESE YEN GERMAN MARK DUTCH GUILDER U . K . POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC I T A L I A N LIRA CHART 2 . 25 25 25 25 25 25 25 25 25 25 90.38 124.55 145.30 135.73 74.09 109.62 111.53 176.65 128.77 74.54 AUG. AUG. AUG. AUG. AUG. AUG. AUG. 25 25 25 25 25 25 25 -3.98 ^7.56 1.32 -5.40 4.60 -9.71 -0.04 AUG. 25 106.67 GOLD PRICE I N LONDON U.S. CHART 4 . AUG. AUG* AUG# AUG. AUG. AUG. AUG. AUG. AUG. AUG. 3-MONTH FORWARD EXCHANGE RATES CANADIAN DOLLAR U . K . POUND GERMAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE YEN CHART 3 . LAST VALUE PLOTTED DATE VALUE DOLLAR PER FINE OUNCE CALL MONEY RATES U . S . FEDERAL FUNDS OVERNIGHT EURO-DOLLAR DEPOSITS U . K . 2-DAY LOCAL AUTHORITY DEPOSITS CANADA GERMANY EURO-DM JAPAN FRANCE NETHERLANDS EURO-SWISS FRANC AUG. AUG. AUG. AUG. AUG. AUG. AUG. AUG. JULY AUG. 25 26 20 20 20 13 20 20 30 13 5.28 5.23 10.50 9.20 3.60 3.63 7.25 11.00 5.25 0.55 AUG. AUG. JUNE AUG. AUG. AUG. AUG. 25 25 5.30 4.50 8.24 5.63 9.40 CHART 5 . 3-MONTH INTEREST RATES U . S . CD'S ( 6 0 - 8 9 DAYS) GERMAN INTERBANK LOAN JAPANESE COMPOSITE LOAN EURO-DOLLAR DEPOSIT CANADIAN FINANCE COMPANY PAPER INTERBANK STERLING SWISS DEPOSIT 25 25 25 25 11.08 4.50 LAST VALUE PLOTTED DATE VALUE SERIES NAME CHART 6 . EURO-DOLLAR DEPOSIT RATES: LONDON OVERNIGHT 7-DAY 1-MONTH 3-MONTH 6-MONTH 1-YEAR 25 25 25 25 25 25 5.23 5.33 5.31 5.63 6.18 6.71 25 25 25 25 25 25 5.23 5.28 0.17 5.63 5.30 0.22 EURO-DOLLAR DEPOSIT INTERBANK STERLING (LONDON), COVERED DIFFERENTIAL AUG. 25 AUG. 2 5 AUG. 25 5.63 3.51 2.11 U . S . COMMERCIAL PAPER CANADIAN FINANCE CO. PAPER, COVERED DIFFERENTIAL AUG. 25 AUG. 25 AUG. 25 5.35 5.42 -0.07 EURO-DOLLAR DEPOSIT INTERBANK DM (FRANKFURT), COVERED DIFFERENTIAL AUG. 2 5 AUG. 25 AUG. 25 5.63 5.82 -0.19 EURO-DOLLAR DEPOSIT SWISS DEPOSIT ( S F ) , COVERED DIFFERENTIAL AUG. 25 AUG. 25 AUG. 2 5 5.63 9.10 -3.48 CHART 7 . SELECTED EURO-DOLLAR AND U . S . AUG. AUG. AUG. AUG. AUG. AUG. MONEY MARKET RATES OVERNIGHT EURO-DOLLAR DEPOSITS U . S . FEDERAL FUNDS DIFFERENTIAL A D J . FOR RESERVE REQUIREMENTS 3-MONTH EURO-DOLLAR DEPOSIT RATE U . S . CD'S ( 6 0 - 8 9 DAYS) DIFFERENTIAL A D J . FOR RESERVE REQUIREMENTS CHART 8 . AUG. AUG. AUG. AUG. AUG. AUG. INTEREST ARBITRAGE, 3-MONTH FUNDS SERIES NAME CHART 9 . LAST VALUt PLOTTED DATE VALUE LONG TERM GOVERNMENT BUND YIELDS UNITED STATES GERMANY JAPAN (MONTHLY) SWITZERLAND CANADA FRANCE NETHERLANDS UNITED KINGDOM AUG. AUG. JULY AUG. AUG. AUG. JULY JULY 20 6 13 20 13 30 30 7.75 8.17 8.76 5.08 9.28 10.29 8.94 13.84 U . S . CORPORATE AAA BONDS EURO-DM BONDS EURO-DOLLAR BONDS CHART 1 0 . JUNE JUNE JUNE 8.62 7.48 8.11 INDUSTRIAL STOCK INDEXES UNITED STATES JAPAN CANADA FRANCE UNITED KINGDOM SWITZERLAND GERMANY AUG. AUG. AUG. AUG. JULY AUG. AUG. 20 13 6 6 30 20 13 108.56 236.02 102.89 100.08 88.52 71.61 94.87 F E D E R A L H.10 statistical R E S E R V E AUGUST 3 0 , FOREIGN EXCHANGE RATES FOR THE WEEK ENDING release 1976 AUGUST 2 7 , 1976 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 UNIT AUSTRALIA DOLLAR SCHILLING AUSTRIA BELGIUM FRANC DOLLAR CANADA KRONE DENMARK MARKKA FINLAND FRANC FRANCE D. MARK GERMANY RUPEE INDIA POUND IRELAND LIRA ITALY YEN JAPAN DOLLAR MALAYSIA PESO MEXICO GUILDER NETHERLANDS DOLLAR NEW ZEALAND KRONE NORWAY ESCUDO PORTUGAL RAND SOUTH AFRICA PESATA SPAIN RUPEE SRI LANKA KRONA SWEDEN FRANC SWITZERLAND UNITED KINGDOM POUND (RATE U . S . CENTS) AUG. 25 AUG. 23 AUG. 2 4 124.2500 5.570 0 0 2.57100 101.3800 16.5300 25.7900 20.0900 39.7600 11.1500 178.2400 0.11920 0.34510 39.9000 8.0000 37.4500 99.6400 18.2500 3.1800 114.8500 1.4663 11.5000 22.7800 40.4100 178.2400 124.2900 5.59000 2.58400 101.4000 16.5400 25.7700 20.1200 39.7200 11.1500 177.5500 0.11930 0.34670 39.9000 8.0000 37.6100 99.6800 18.2300 3.1800 114.8500 1.4695 11.5000 22.7700 40.4200 177.5500 124.3700 5.57000 2.58230 101.5000 16.4900 25.7400 20.0800 39.5600 11.1500 177.0400 0.11920 0.34620 39.8900 8.0000 37.8400 99.5800 18.1500 3.2000 114.8500 1.4685 11.5000 22.6900 40.3500 177.0400 AUG. 26 AUG. 27 124.3000 5.58000 2.58080 101.6100 16.4800 45.7300 20.1900 39.6500 11.1500 177.2300 0.11920 0.34610 39.7900 8.0000 38.0500 99.4900 18.1600 3.2100 114.8500 1.4680 11.5000 22.7100 40.4100 177.2300 124.4500 5.60000 2.57500 101.6200 16.4900 25.7200 20.1900 39.6100 11.1000 177.0000 0.11860 0.34650 39.7800 8.0000 37.9600 99.9000 18.1700 3.1900 114.8500 1.4688 11.5300 22.7200 40.3600 177 . 0000
@FedFRASER