The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
JL
5V>
««•<* IS, 1972 No. S4I
H-13
Owi.twW
liwii y
l
#
#
{Q>
%
#
tf'B
1ECTED INTEREST &
EXCHANGE RATES
FOR MAJOR COUNTRIES &
THE U.S
WEEKLY SEMES OF CHARTS
B O M P O F 6 Q W K M O P T * F T I I f l U m i f m r SWTEM,
TABLE OF CONTENTS
PART I. EXCHANGE RATES AND GOLD PRICES
Chart 1A and B - Spot Exchange Rates, Major Currencies against U.S. Dollar
Chart 2A and B - 3-Month Forward Exchange Rates, Major Currencies against
U.S. Dollar
Chart 3A and B - 3-Month Forward Exchange Rates, Major Currencies against
U.K. Pound
Chart 4
- Gold Price in London
PART II. SHORT-TERM INTEREST RATES
Chart 5
- Call Money Rates
Chart 6A and B - London: Euro-S Deposit Rates
Chart 7A and B - New York - London: Yields on U.S. Dollar Funds
Chart 8A and B - London: Covered Yields on U.S. Dollar Funds
Chart 9A and B - Interest Arbitrage: United States-United Kingdom
Chart 10A and B - Interest Arbitrage: U.S.-Germany and U S -Switzerland
Chart 11
- Interest Aibitrage: United States-Canada
Chart 12A and B - Selected Short-term Interest Rates
PART III. LONG-TERM INTEREST RATES AND STOCK INDICES
Chart 13
Chart 14
- Long-Term Bond Yields
- Industrial Stock Indices
PART IV. SELECTED CENTRAL BANK DISCOUNT RATES AND
LATEST FIGURES PLOTTED ON THE CHARTS
NOTE: This series is a continuation of the CAPITAL MARKETS DEVELOPMENTS ABROAD,
which was published under that title through December 31,1968.
The changes in the format and order of the charts are explained in the Supplement
to the series, which accompanied issue dated January 1,1969.
All series and their sources are fully described in a Supplement dated January 1, 1972.
3
^
C h a r t 1A
SPOT EXCHANGE RATES
MAJOR CURRENCIES AGAINST U S. DOLLAR
Weekly averages
p e r cent
GERMAN MARK
U.K. POUND
against
U.S.
SWISS FRANC
Below
DUTCH GUILDER
—JAPANESE YEN
FRENCH FRANC
against
US.
dollar
Betow
M
J
1972
S
S
D
1973
D
Chart I B
SPOT EXCHANGE RATE - MAJOR CURRENCIES AGAINST U S DOLLAR
Weekly averages
Per cent
BELGIAN FRANC
Central
rate
US
ITALIAN
j
M
s
0
M
s
J
1972
0
1973
Ratio scale. U S
102
CANADIAN DOLLAR .
/
/
100
w
A J
9«
V/
96
V
94
1 i i 1 i i
i i i M
M
J
S
D
1970
1 1 1 1 1 I 1 1 1 1 1
M
j
S
1971
D
M
M
1111111
J
S
1972
O
M
92
SPOT EXCHANGE RATES - MAJOR CURRENCIES AGAINST U.S. DOLLAR
May 11. 1971 -
Weekly averages
Dec. 17. 1971
Per cent
GERMANY
NETHERLANDS
FRANCE
JAPAN
Par
Below par
JUNE
JULY
SEPT.
AUG.
1971
* Financial f r a n c
OCT.
NOV.
DEC.
SPOT EXCHANGE RATES - MAJOR CURRENCIES AGAINST U S. DOLLAR
May 11, 1 9 7 1 - Dec
17, 1971
BELGIUM
U.K.
SWITZ.
ITALY
Par
US
Below
MAY
JUNE
JULY
AUG.
SEPT.
1971
* F o r clarity the vertical scale is double that used in 1C
OCT
NOV
DEC.
y-
3-MONTH FORWARD EXCHANGE - MAJOR CURRENCIES AGAINST U S. DOLLAR
Weekly a v e r a g e s
Per cent per annum
CANADIAN DOLLAR
U.K. POUND
DISCOUNT
GERMAN MARK
DISCOUNT-
PREMIUM
I
DUTCH GUILDER
DISCOUNT—
M
J
S
D
M
1969
J
S
D
1970
• Canadian Dollar Rate not supported by Bank of Canada.
* * No quotation.
M
J
1971
%•?
3-MONTH FORWARD EXCHANGE - MAJOR CURRENCIES AGAINST U.S. DOLLAR
Per cent per an
weekly averages
PREMIUM*
SWISS FRANC
:NCH FRANC
• i I • i 1• • 1
i I I i i I i i I i i
* Devaluation of the French franc from 4 . 9 4 to 5 . 5 5 for $1.00.
* * No quotation
! • •
i 1, , i , , 1i i 1
i I i i I i i I i i
6
3-MONTH FORWARD EXCHANGE - MAJOR CURRENCIES AGAINST U.K. POUND
Friday figures
Per cent per a n n u m
20
GERMAN MARK
U.S. DOLLAR
DISCOUNT-
M
J
S
D
1969
* No quotation.
M
J
1970
S
D
S
1971
D
J
1972
S
D
3W
3-MONTH FORWARD EXCHANGE-MAJOR CURRENCIES AGAINST UK. POUND
Friday figures
Per cent per annum
PREMIUM
SWISS FRANC
FRENCH FRANC
DISCOUNT-
M
J
S
D
1969
M
J
s
1970
• D e v a l u a t i o n of the French franc from 4.94 to 5.55 for $1.00
D
M
J
1971
S
D
M
J
1972
S
D
GOLD PRICE IN LONDON, 12.5 Kg BARS
Week's average of a f t e r n o o n fixings
U.S. dollar equivalent per fine ounce
-
-
-
-
/f
-
/ 1
\
hi
A
4
r
prr 1/
1 1
M
1 1
J
1 1
S
1 I
D
1 I
M
1969
1 1
1 1
J
S
1970
1 1
D
i i
i i
M
V
-
i i
J
i i
S
1971
D
i i
M
i i
i i
i i
J
S
1972
D
X
3
CALL MONEY RATES
DOLLAR FUNDS
Per cent t-er annun-,
Weekly averages
16
EURO DOLLAR DEPOSITS
CALL OVERNIGHT
FEDERAL FUNDS
EURO-DOLLAR OVER FEDERAL FUNDS
1 i i 1 i ' ' i i
i i 1 i i ' i i I i i
i i I i i ' i i 1 i i
i i 1 ' i I i i 1' '
EURO-CURRENCIES
Weekly averages
Per cent per annum
12
EURO-SWISS FRANC
M
J
S
D
1969
* May 10. 1971 -
M
J
S
1970
Changed to Overnight Euro $ Deposits
D
M
J
1971
S
D
M
1972
CALL MONEY RATES
SELECTED FOREIGN AND EEC CURRENCIES
Friday f i g u r e s
Per cent per annum
12
FRANCE
NETHERLANDS
I I I I I I I I I I I I I I I
1 i i 1 i i ! i i 1i i 1i i 1i
!
JAPAN
-
\
i i i i i 1 i i ! i i
i i 1i i 1 i i 1 i i
CANADA
i I 1 i i 1I i 1i l
i i 1 i i 1i i 1 i i
f
12
GERMANY
-
,n
cnuvi
M j v V V v J
umV a
i i ! i I 1 i i ! , i
M
J
S
-
n
D
1969
i i 1i i 1i i 11 1
M
J
S
1970
D
i i 1i
M
I
J
ifv
1 1111
S
D
•
M
1971
France, Day-to-day Money; N e t h e r l a n d s , Call Money, weekly average. Japan, U n c o n d i t i o n a l Money;
Canada, Day-to-day Loans, w e e k l y a v e r a g e ; G e r m a n y , Call M o n e y ; U K . 2-day Local A u t h o r i t y Deposits
J
1972
S
D
37}
Chart 6A
LONDON: EURO DOLLAR DEPOSIT RATES
Friday figures
Per cent per a n n u m
!
25.50
-
OVERNIGHT
1-MONTH
CALL
7DAY
M
J
S
D
M
1969
J
S
1970
* M a y 1 2 / 7 1 - c h a n g e d to Overnight Euro-Dollar Deposits
* * J u l y 1 - c h a n g e d to 7-Day Euro-Dollar
D
M
J
1971
S
D
M
J
1972
S
D
12
LONDON: EURO DOLLAR DEPOSIT RATES
Friday f i g u r e s
Per cent per .
k
/i
fit
y
1\
/
j j
1^
v v
A
A
1
VhJTz-HOKTH
V
M
11I 1I I 1 M
M
J
S
D
11 11111111 1 1
M
1969
J
1970
S
D
1 111 1111111
M
J
S
1971
D
I 11 11111111
M
J
S
1972
D
NEW YORK-LONDON: YIELDS ON U S. DOLLAR FUNDS
3-MONTH DOLLAR DEPOSIT RATES—SECONDARY MARKET
Wednesday figures
Per cent per annum
EURO DOLLAR DEPOSIT
U S. CERTIFICATE OF DEPOSIT
DIFFERENTIAL
•
A
/
FAVOR EURO-DOLLAR
-
A \
i
/
w
v
x
y
v
V \
/
ElIRO DOLLAR OVER U.S. 0 ERTIFICATE OF DEPOSIT
i i 1 i i 1 i i 1 i i
M
J
S
D
1969
i i 1 i i 1 i i 1 i i
M
J
S
1970
D
i i 1 i i 1 i i 1 i i
M
J
S
1971
D
11 1 1 1 1 1 1 i 1 1
M
J
1972
S
D
NEW YORK-LONDON: COST OF U.S. DOLLAR FUNDS
3-MONTH DOLLAR DEPOSIT RATES-PRIMARY MARKET
Wednesday f i g u r e s
Per cent per a n n u m
EURO-DOLLAR DEPOSIT
ADJUSTED
EURO-DOLLAR DEPOSIT
U.S. CERTIFICATE OF DEPOSIT
ADJUSTED
I I I I I I I I I I I I I I I I I I I I I I I
4
" Mfl
- / v
ft/
^
-
J \
»1
4
•
ADJUSTED*
V
'
+ r
°,
,
!
,
,
1 ,
i
1 ,
,
i
i
!
M
i
1 i
J
1970
1969
* Adjusted for Reserve
i
Requirement
* * A d j u s t e d for 10% M a r g i n a l Reserve R e q u i r e m e n t
* * * A d | u s t e d for 2 0 % M a r g i n a l Reserve R e q u i r e m e n t
i
1 i
S
i
i
D
|-
\/\\
EURO DOLLAR OV
U.S. CERTIFICATE: OF DEPOSIT WV U /
v
S
i
1 I
M
I
1 i
J
1971
I
1 i
S
l
1
1 1
M
1 1 1 1 1 1
J
1972
S
1 1
I
J 7i ?
C h a r t 8A
LONDON: COVERED YIELDS ON U.S. DOLLAR FUNDS
HIRE PURCHASE AND EURO DOLLAR RATES
Per cent per a n n u m
Friday f i g u r e s
|
12
—
"
A EURO-DOLLAR OEPOSIT
rv
/in
"
r\
A ]
HIRE PURCHASE
u
COVERED
-
M
1 i i 1 i i 1 i I.
1 1111111111
1 1111111111
1 1 1 1 1 1 1 1 1 II
FAVOR HIRE PURCHASE
DIFFERENTIAL
i. i i I I i i
FAVOR EURO DOLLAR
I II
I 11 I I I 1 1
Chart 8 6
LONDON: COVERED YIELDS ON U.S. DOLLAR FUNDS
LOCAL AUTHORITY AND EURO DOLLAR RATES
Friday f i g u r e s
Per cent per a n n u m
EURO-DOLLAR DEPOSIT
LOCAL AUTHORITY
DEPOSIT
COVERED
FAVOR LOCAL AUTHORITY
M
J
IS
S
D
1969
1970
D
M
J
1971
S
D
J
1972
s
+
D
Chart 9A
INTEREST ARBITRAGE: UNITED STATES AND UNITED KINGDOM
Friday figures
Per cent per a n n u m
1
3-MONTH TREASURY B LL RATES
1
"
J 10
J
A
!
\
U K. LOCAL AUTHORITY DEPOSITS*
\
UNCOVERED
r
r
r
z
^
r
r
f
^ \ A
J
LOMOOM / V l \ l
M
J
S
D
I 1 1 1 1 1 1 1 1 11
M
1969
* Plotted for comparison purposes
J
S
1970
O
1 1 1 I 1 11 I 11 1
M
J
S
1971
A
IV
V M E W YORK
I I 1 I I 1 l I 1I I
/
O
1 1 1 II
M
1 II
J
1 11
S
1972
O
I
Chart 9 8
INTEREST ARBITRAGE: UNITED STATES AND UNITED KINGDOM
Friday f i g u r e s
RATE DIFFERENTIAL AND 3-MONTH FORWARD
STERLING
I
4
PREMIUM]
2
SPREAD IN FAVOR OF LONDON
+
0
2
FORWARD RATE
4
6
8
10
DISCOUNT
12
FAVOR LONDON
DIFFERENTIAL
4
2
+
0
2
4
6
8
FAVOR NEW YORK
10
M
J
S
D
1969
M
J
1970
S
D
M
J
1971
S
D
M
J
1972
S
D
3>tl
Chart 10A
3-MONTH FUNDS INTEREST ARBITRAGE: EURO DOLLAR - GERMAN MARK
FRANKFURT INTERBANK LOAN RATE VS. LONDON EURO DOLLAR RATE
Per cent per annum
Wednesday rates
IN TERMS OF DM
GERMAN INTERBANK
LOAN RATE
COVERED
DIFFERENTIAL
FAVOR FRANKFURT
FAVOR EURODOLLAR
I I I 1 I I I I I I I I I I I I
No quotation
Chart 10B
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
EURODOLLAR
COVERED
SWISS DEPOSIT RATE
FAVOR ZURICH
DIFFERENTIAL
FAVOR EURO-DOLLAR
M
J
S
D
1969
No quotation
M
J
1970
S
D
M
J
1971
S
D
J
1972
S
D
363
3-MONTH INTEREST ARBITRAGE: UNITED STATES - CANADA
Per cent per annum
1 1 | 1 1 | 1 1 | 1 1 10
Friday figures
1 1 1 1 1 1 1 1 1 1 1
- BILL RATES
1 1 | II
\
Vi
V
.
| 1 1 | 1 1
1 I | l I | l I j I I
,
\ /J \
-
N. FIN. CO. PAPER
UNITED STATES
TREASURY BILLS
-
CANADIAN
X X
TREASURY BILLS V
\
A
A
N
J
—
BILL RATE DIFFERENTIAL AND FORWARD CANADIAN DOLLAR
FORWARD RATE
GROSS SPREAD IN FAVOR OF CANADA
COVERED RATE DIFFER ENTIALS
TREASURY BILLS
FAVOR U S.
FAVOR CANADA
PRIME FINANCE PAPER
i i 1 i I I I I 1 I I
M
j
S
D
1963
U J
M
I I I I 1-1—I—i- i - i
J
S
O
M
1971
I i i I i i I i i
J
S
D
1970
V
FAVOR US.
I I I I I I I I I I I
H
J
S
O
1972
$ss
CkKt 12*
SELECTED SHORT-TERM INTEREST RATES*
Per cent per a n n u m
,j
-
-
Vi
10
V
L\/w.
UJC
V
"U
11111111
-
GlEHMAHY
ir\
ifk \
\
j
v
-
-
(
1 1 1 1 1 1 1 1 1 1 1I 1 1 11 1 1 1 1 i 1n 1 1 1 1 1 1 1 1 1 1l / l i i 1 i i 1 i i
-
-
J# PAH
Vi
-
\\tfs.
Ax
camaoa\
-
V a )
11111111111 111111111 i i
1968
I I 1 * I 1 I I ! I I 1 1 1 1 1 1 1 11 I 11 11 1 1 1 M 1 1 1 1
1970
3-month treasury bill rates for all countries except JapanfAwarage rate on bank loans end discounts)
and GermanyWntartank Loan Rate)
1972
, Chart 12B
SELECTED SHORT-TERM INTEREST RATES *
Per cent per annum
, EURO DOLLAR - LONDON
SWITZERLAND
1968.
1970
* 3-month treasury bill rate for U.S., Switzerland - 3 - m o n t h deposit rate.
• •
3-month rate for U S dollar deposits in London.
1972
•&1
Chart 13
LONG-TERM BOND YIELDS
Weekly figures
Per cent per annum
.
\
r
-
Y
/v.
US.
111111 m
11
-
NETHERUINDS
SWITZERLAND
1 11I I 1 I I 1 1 1
I I 1 1 1 1 1 1 111111l 1 1 1 1 1 11 1.1.1.1.1
1 1
1.1.1-i-L.
1
V*
[
EURO-DOLLAR BONDS
1 1 ] 1 1 1 1 1 1I I 1 11 I I 1 1 1 1 I 1I 1 1 J 1 1 I I 1 i1i 11 i i 1 i i 1 i iJ1 i 1 1 1 1 1 1 ] J.
US. COUP. DOUAR E l m o - s o w *
US. CORP. Am BONOS
US. CORP. DM EURO-BONDS
1970
197!
1972
* We* series for Switzerland starts 8 2-68. U S Corp. OeNar Ewro-Bonds end U S Corp DM Euro-Bonds starts 1 2 7 0
* * Hew Average ytetd of ati German PA. Bonds begins 1 7 - M
• • • New series F starts 12 71
1968=100
INDUSTRIAL STOCK INDEXES
!
Ratio scale
:
280
/ w
UNITED STATES
1 1 I 1 1 1 i I I i I 1 i i l 1 iM V i i 1 i i
200
i i 1 i i ! i i 1 i i
1 1 1 1 1 I 1 I 1 ! 1
480
SWITZERLAND
Z "
360
-
j"
UNITED KINGDOM F
1 1 1 1 1 I 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1
JAPAN/^ 1
T
240
T
1 1 1 1 1 1 1 1 1 1 1
/
:
480
360
GERMANY
z
j
/V
—
j
T
1 1
1
\
^
1 1 ! i 1 ! i ! l ! 1 ! ! ; ! 1 ! 1 ! 1
1969
*
\J
1970
240
CANADA
\ J
i i ! i i i i i 1 i i 1 i i I i i I i i I i i 1
1971
1972
Japan index of 2 2 5 i n d u s t r i a l and other stocks t r a d e d on Tokyo exchange
* * Japan index of a l l i n d u s t r i a l and other stocks t r a d e d on t h e f i r s t s e c t i o n of the Tokyo Stock E x c h a n g e
H. 13
IV. SELECTED CENTRAL BANK DISCOUNT RATES
No.549
Country
Current Rate
In Effect Since
Previous Rate
In Effect Since
EEC.:
Belgium
France
Germany
Italy
Netherlands
Switzerland
United Kingdom
Canada
4.0
March 2 , 1972
4.5
Feb.
6.0
Jan. 13. 1972
6.50
Oct. 29. 1971
3.0
Feb. 25, 1972
4.0
Dec. 23, 1971
5. 1972
4.5
Oct. 14. 1971
s.n
Ipr
4. 0
March 1. 1972
4.5
Jan. 6. 1972
3.75
Sept. 15, 1969
3.0
ruly 10. 1967
5.0
Sept. 3. 1971
6.0
Apr. 1. 1971
\
1971
4.75
Oct. 25, 1971
5.25
Feb. 24. 1971
Japan
4.75
Dec. 29, 1971
5.25
Julv 28. 1971
United States
4.50
Dec. 13, 1971
4.75
Nov. 11, 1971
IV-2
LATEST FIGURES PLOTTED ON THE CHARTS
Chart
Panel
Series
1A
Upper
Swiss franc
U.K. pound
French franc
Japanese yen
Lower
IB
Upper
Lower
+2.205
-0.092
100.31
+1.873
+2.266
Upper
German mark
Swiss franc
U.K. pound
Dutch guilder
Canadian dollar
French franc
Japanese yen
+2.02
+4.48
-0.23
+2.17
-1.30
-0.10
+1.18p
Lower
3A
German mark
U.S. dollar
Swiss franc
French franc
3B
Gold price, U.S. dollar per ounce
4
5A
Upper
Middle
Lower
j
j
!„
1
Upper
5B
;
1
1
i
I
1
+0.028
+0.879
+1.818
+1.942
March 10
Belgian franc
Italian lire
Canadian dollar
German mark
Dutch guilder
2A
26
Rate
Date
Lower
.
!
1
Overnight Euro-S deposits
Federal Funds
Differential
Euro-currencies:
Euro DM
Euro Swiss Fr.
Japan, Unconditional Money
U.K., 2-day Local Author. Deps.
Canada, Day-to-day Loans
France, Day-to-Day Money
Germany Call Money
Netherlands, Call Money
March 3
+2.75
0.00
+3.92
+0.44
March 10
M
"
"
„
48.23
ii
3.94
3.43
0.51
"
it
2.88
0.00
5.25
5.38
March 10
"
March 3
"
flSSfi
k
March 10
"
F e h . 25
1
1
4.62
3.94
1.45
3 H
IV-3
Chart
Panel
6A
Series
Euro-) 7-Day Rate
March 10
Euro-S 1-month Rate
6B
Rate
Date
5.62
•I
5.75
Euro-S 3-month Rate
5.62
Euro-$ 6-month Rate
7A
7B
Upper
5.62
Euro-$ 3-month Deposits
March 8
4.62
U.S. Certificate of Deposits
ii
3.78
Lower
Differential
if
+0.84
Upper
Euro-S 3-month Deposits
ii
4.62
Euro-S 3-month Deposits (Adj.)
ii
5. 78
U.S. Certificate of Deposits (Adj.)
ii
Lower
4.08
Differential: on Adj. Euro-S Deposits
+1.70
on Unadj. Euro-S Deposits
8A
8B
Upper
+0.54
Euro-S 3-month Deposits
ii
5.13
Hire Purchase Deposits (covered)
ii
5.05
Lower
Differential
II
Upper
Euro-S 3-month Deposits
5.13
Local Authority Deposits (covered)
Lower
9A
Differential
-0.14
U.S. Treasury Bill rate
March 10
Net Incentive (+= favor London)
4.29
March 3
Spread (+= favor London)
5.06
+0.76
March 10
3-month Forward Pound
Lower
3.53
"
Local Authority Deposit (uncovered)
Upper
4.99
ii
U.K. Treasury Bill rate
• 9B
-0.08
ii
+0.15
1
!
1
+0.91
IV-4
Chart
Panel
Series
10A
Upper
Euro-$ Deposits (covered)
German Interbank Loan rate
10B
11
Rate
Date
March 10
H
Differential
Upper
Euro-S Deposits (covered)
"
0.35
Swiss Deposit rate
"
0. 50d
Lower
Differential
Upper
Canadian Finance Paper
+ 1.90
+0. 15
5.13
3.53
Canadian Treasury Bill rate
3.33
U.S. Prime Finance paper
(not plotted)
Second
12A
4.88
Lower
U.S. Treasury Bill rate
i
2.98
3.75
Bill rate differential
-0.20
Forward Canadian dollar
II
-1.28
Third
Net incentive on bills
II
-1.48
Bottom
Net incentive on Finance Paper
Upper
U.K. Treasury Bill rate
U.S. Treasury Bill rate
German Interbank Loan rate
Lower
Japanese Average rate
Canadian Treasury Bill rate
12B
+0.10
March 10
4.29
March 8
4.88
„
December
7.457
March 10
3.33
U.S. Treasury Bill rate
..
Euro-S Deposits
„
Swiss 3-month Deposit rate
3.53
„
3.53
5.62
0.50
U.S. Treasury Bill rate
3.53
:
3X5
IV-5
Chart
Panel
Series
13
Upper
Netherlands
Date
Canada
United States
Switzerland
Middle
* Germany
United Kingdom
Feb. 25
6.63
Mar. 1
Mar. 8
6.43
6.51
Mar. 8
5.51
Mar. 3
4.58
Feb. 29
7.26
Mar. 3
8.39
Euro-dollar bonds
Lower
U.S. Corp. Aaa bonds
14
Upper
Switzerland
Germany
United States
Middle
United Kingdom
Canada
Lower
7.2
U.S. Corp. Dollar Euro-bonds***
U.S. Corp. DM Euro-bonds
** Japan
Rate
Jan
***
7.86
6.88
Feb.
Mar. 3
7.27
421.5
Mar. 7
283.0
Mar. 10
244.86
••
279.64
Mar. 2
247.16
Mar. 4
507.00
Mar. 10
244.86
United States
* New - Average yield of ALL German Public Authorities bonds made as of banking key days.
"
***
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 Stock Exchange.
Series F
@FedFRASER