The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
(5 1 6 / 5 1 7 ) Selected Interest Exchange Rates W eekly Series o f Charts December 29,1980 DIVISION O F IN T E R N A T IO N A L F IN A N C E Prepared by the F IN A N C IA L M A R K E T S S E C T IO N BOARD O F GOVER N O R S F E D E R A L R E S E R V E SYSTEM Washington, D .C . 20551 Table of Contents TABLES SUBSCRIPTION RATES: 1. LATEST FIG URES 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 to one address, $13.50 per year or $.35 each. Elsewhere, $20.00 per year or $.50 each. Address requests to Publications Services, Divi 2. D A IL Y C E R T IF IE D SPOT EXCHANGE RATES-H.10 RELEASE CHARTS 1. SPOT EXCHANGE RATE INDICES 2. 3-M ONTH FORW ARD EXCHANGE RATES 3. GOLD PR IC E-LO N D O N 4. C ALL M O NEY RATES 5. 3-M ONTH INTEREST RATES 6. EURO DOLLAR DEPOSIT RATES 7. SELECTED EURO-DOLLAR AND U.S. M O NEY M A RK ET RATES 8. INTEREST A R B ITRA G E: 3-M ONTH FUNDS 9. LONG-TERM G O VER N M EN T BOND Y IE LD S 10. IN D U S T R IA L STOCK INDICES sion 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. CHART 1 SPOT EXCHANGE INDICES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE) AVERAGES FOR WEEK ENDING WEDNESDAY R A T IO MARCH SCALE R A T IO 1073=100 MARCH SCALE 1073=100 120 100 80 60 160 140 120 100 1978 1980 1978 1980 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR ( - ) AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM + 0 24 6 ♦ 0 6 12 18 12 6 0 12 8 ♦ 0 6 1978 1980 1978 1980 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U .S . D U .S . D O L L A R S P E R F IN E ( L L A R S P E R F IN E O U N C E 800 800 750 750 700 700 650 650 600 600 550 550 12.5 Kg BARS A F T E R N O O N F IX IN G P R IC E 500 500 450 450 400 400 350 350 300 300 250 250 200 200 150 150 100 100 1977 1978 1979 1980 CHART 4 CALL MONEY RATES WEEKLY SERIES NT PER ANN UM P E R C E N T PER 20 20 1C 16 12 12 8 8 4 4 10 20 12 10 12 8 4 0 12 4 0 12 8 4 8 ♦ 0 4 4 0 1978 1980 1978 1980 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES PERCENT PER M :n t p e r a n n u m 20 20 16 16 U. S. CD’ S I2 12 8 8 4 4 18 14 14 10 10 6 6 2 12 16 12 8 8 4 4 0 CHART 6 EURO-DOLLAR DEPOSIT RATES Lo ndo n AVERAGES FOR WEEK ENDING WEDNESDAY 24 24 20 20 16 16 12 12 8 8 4 4 24 24 20 20 16 16 12 12 8 8 4 4 24 24 20 20 16 16 12 12 8 8 4 4 1978 1980 1978 1980 CHART 7 SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES io+ DIFFERENTIAL: PLUS(+), FAVORS BORROWING IN U. S. 1 PE R C EN T ON D IF F E R E N T IA L SC A LE = 2 PERCENT ON RATE S C A LE CHART S INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY DIFFERENTIAL 11111111111 1978 1980 1 PERCENT ON D IF F E R E N T IA L S C A LE = 2 PERCENT ON RATE S C A LE 1978 1980 CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES 14 15 12 13 10 11 8 9 6 10 7 8 5 6 3 4 1 7 16 17 14 15 12 13 10 11 8 9 6 7 14 13 12 11 10 9 8 7 6 5 1978 1980 1978 1980 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES 1969= 140 120 100 R A T IO S C A L E 80 1969=100 400 100 360 90 320 80 280 70 240 60 200 SO 140 140 CANADA 120 DISCONTINUED SERIES 120 100 100 80 80 160 160 140 140 120 120 100 100 80 80 1978 1980 1978 1980 LAST VALUE PLOTTED DATE VALUE SERIES NAHE 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 ITALI AN LIRA INDICES, DEC. DEC. DEC. DEC. DEC. DEC. DEC. DEC. DEC. 24 24 24 24 24 24 24 24 24 50.93 0.48020 46.81 234.88 83.69 22.01 56.07 3.15857 0.10715 DEC. DEC. DEC. DEC. DEC. DEC. DEC. DEC. DEC. 24 24 24 24 24 24 24 24 24 143.26 125.73 134.38 95.00 83.41 99.17 180.37 124.46 60.87 24 24 24 24 24 24 24 24 24 24 24 90.75 140.30 118.63 126.41 86.85 75.75 90.98 169.59 116.18 53.97 91.20 24 24 24 24 24 24 24 24 1..82 4..64 9..29 7..16 12..10 9..64 9..10 0..09 MARCH 1973 BASE RATES = 100 GERMAN MARK JAPAN ESE YEN DUTCH GUILDER U.K. POUND CANAD IAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA WEIGHTED AVERAGE EXCHANGE VALUE INDICES, (G-10 COUNTRIES PLUS SWITZERLAND) U.S. DOLLAR GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA MAR 1973 = 100 DEC. DEC. DEC. DEC. DEC. DEC. DEC. DEC. DEC. DEC. DEC. CHART 2. 3-MONTH FORWARD EXCHANGE RATES, PREMIUM OR DISCOUNT CANADIAN DOLLAR U.K. POUND GERMAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE YEN ITALIAN LIRA DEC. DEC. DEC. DEC. DEC. DEC. DEC. DEC. LAST VALUE PLOTTED DATE VALUE SERIES NAME C H A RT 3. GOLD PRICE IN LONDON, AFTERNOON FIXING U.S. DOLLARS PER FINE OUNCE DEC. 24 589-95 DEC. 24 DEC. 24 DEC. 19 5 DEC. DEC. 19 DEC. 19 DEC. 19 DEC. 19 3 OCT. DEC. 19 19..44 20..73 13..50 12..80 9..25 8..11 9..38 11..25 9..55 0..25 DEC. DEC. DEC. DEC. DEC. DEC. DEC. 24 24 24 24 24 24 24 18.53 10.39 9.63 18.20 14.74 7.30 12.01 DEC. DEC. DEC. DEC. DECDEC. 24 24 24 24 24 24 20.73 21.55 21.77 19.29 17.40 15.63 OVE R N I G H T EUR O - D O L L A R DEPOSITS U.S. FEDERAL FUNDS DIFFERENTIAL ADJ. FOR RESERVE REQUIREHENTS DEC. 24 DEC. 24 DEC. 24 20.73 19.44 1.29 3-HCNTH E U R O - D O L L A R DEPOSIT RATE U.S. 90-DAY C D ’S, SECONDARY HARKET DIFFE RENTIAL DEC. 24 DEC. 24 DEC. 24 19.29 18.53 0.76 CHART 4. CALL HONEY RATES U.S. FEDERAL FUNDS O V ERNIGHT E U R O -DOLLAR DEPOSITS U.K. 2-DAY LOCAL AUTHORITY DEPOSITS CANADA GERHANY EURO-DH JAPAN FRANCE NETHERLANDS EURO-SWISS FRANC C H A RT 5. 3-HONTH I NTEREST RATES U.S. 90-DAY C D ’S, SECONDARY HARKET GERHAN INTERBANK LOAN JAP A N E S E BANK LOANS & DISCOUNTS C A N A D I A N FINANCE PAPER INTE R B A N K STERLING SWISS I N TERBANK LOAN WEIGHTED AVERAGE FOREIGN INTEREST RATE (G-10 C O UNTRIES PLUS SWITZERLAND) CHART 6. EURO-DOLLAR DEPO S I T RATES: LONDON OVERNIGHT 7-DAY 1-HCNTH 3-HCNTH 6-HCNTH 1-YEAR C H A RT 7. SELECTED EURO-DOLLAR AND U.S. HONEY HARKET RATES SERIES NAME CHART . INTEREST ARBITRAGE, LAST VALUE PLOTTED DATE VALUE 3-MONTH FUNDS EURC-DOLLAR DEPOSIT INTERBANK STERLING (LONDON), COVERED DIFFERENTIAL DEC. 24 DEC. 24 DEC. 24 19.29 19.54 -0.26 U.S. COMMERCIAL PAPER CANADIAN FINANCE PAPER, COVERED DIFFERENTIAL DEC. 24 DEC. 24 DEC. 24 18.32 20.10 -1.78 EURO-DOLLAR DEPOSIT INTERBANK DM (FRANKFURT ) , COVERED DIFFERENTIAL DEC. 24 DEC. 24 DEC. 24 19.29 19.91 -0.63 EURO-DOLLAR DEPOSIT SWISS INTERBANK, COVERED DIFFERENTIAL DEC. 24 DEC. 24 DEC. 24 19.29 19.62 -0.34 DEC. DEC. NOV. DEC. DEC. NOV. OCT. DEC. 13.18 8.79 9.52 4-69 13.04 14.23 10.09 11.67 CHART 9. LONG TERM G O VERMENT BOND YIELDS UNITED STATES GERMANY JAPAN (MONTHLY) SWITZERLAND CANADA FRANCE NETHERLANDS UNITED KINGDOM 19 5 5 5 14 3 12 U S. C O R P ORATE AAA BONDS EURC-DM BONDS EURO-DOLLAR BONDS OCT. DEC. OCT. 12.31 6.63 11.27 CHART 10. INDUSTRIAL STOCK INDICES UNITED STATES JAPAN FRANCE UNITED KINGDOM SWITZERLAND GERMANY DEC. DEC. DEC. DEC. DEC. DEC. 19 12 5 12 12 12 141..73 323..91 155..80 111..63 73..99 93..77
@FedFRASER