The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
(516/517) Selected Interest & Exchange Rates Weekly Series of Charts October 13,1981 DIVISION OF INTERNATIONAL FINANCE Prepared by the FINANCIAL MARKETS SECTION BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C. 20551 i % 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 to one address, $13.50 per year or $.35 each. Elsewhere, $20.00 per year or $.50 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. 2. DAILY CERTIFIED SPOT EXCHANGE RATES-H.10 RELEASE CHARTS 1. SPOT EXCHANGE RATE INDICES 2. 3-MONTH FORWARD EXCHANGE RATES 3. GOLD PRICE- LONDON 4. CALL MONEY RATES 5. 3-MONTH INTEREST RATES 6. EURO-DOLLAR DEPOSIT RATES 7. SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES 8. INTEREST ARBITRAGE: 3-MONTH FUNDS 9. LONG-TERM GOVERNMENT BOND YIELDS 10. INDUSTRIAL STOCK INDICES ' CHART 1 SPOT EXCHANGE INDICES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (THIN LINE) AVERAGES FOR WEEK ENDING WEDNESDAY RATIO SCALE MARCH 1 9 7 3 = 1 0 0 RATIO SCALE MARCH 1 9 7 3 = 1 0 0 120 120 — U.K. POUND 100 100 'tx 80 FOREIGN CURRENCY PRICE OF U.S. DOLLAR "\ ^ 60 I ~ TV ~ ™ y I I I I 80 I 180 160 | — ~l / GERMAN MARK I I I I I FRENCH FRANC I i,ini,ii,7 JAPANESE YEN SWISS FRANC nlii hill i BELGIAN FRANC DUTCH GUILDER 100 100 ITALIAN LIRA 80 60 - 60 CANADIAN DOLLAR vX 40 J_L J _ 1 1979 80 I 1981 I I I I 1979 I - 40 1981 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR (-) AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM 6 24 CANADIAN DOLLAR ITALIAN LIRA - - \Ai I I I I I I 24 12 U. K. POUND DUTCH GUILDER V j \ J 12 I I I I ~ \nAV i - 6 6 1 1 18 GERMAN MARK SWISS FRANC A - I - u l i M i ill i I I - FRENCH FRANC 1979 12 12 JAPANESE YEN 1981 1979 1981 — 6 — 6 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. t U.S. DOLLARS PER FINE OUNCE LLARS PER FINE OUNCE 800 800 750 750 700 700 650 650 600 600 550 550 500 500 12.5 Kg BARS AFTERNOON FIXING PRICE 450 450 400 400 350 350 300 300 250 250 200 200 150 150 100 I I I -Li. 1978 1979 1980 i i I i i I i i I i i 1981 100 CHART 4 CALL MONEY RATES WEEKLY SERIES PER ANNUM PERCENT PER 28 28 24 24 20 U. S. FEDERAL FUNDS U. K. 2-DAY LOCAL AUTHORITY 20 16 16 12 12 8 8 4 4 24 24 20 20 16 16 CANADA 12 12 EURO-SWISS FRANC 8 8 4 4 NETHERLANDS + + 0 0 24 24 20 20 FRANCE 16 16 GERMANY 12 12 8 8 JAPAN 4 4 EURO-DM 0 0 1979 1981 1979 1981 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES PERCENT PER 20 20 16 16 12 12 U.K. INTERBANK STERLING 8 8 WEIGHTED AVERAGE FOREIGN RATE 4 4 26 20 22 16 GERMAN INTERBANK RATE CANADIAN FINANCE CO. PAPER 18 12 14 8 10 4 nil i 6 0 12 16 JAPANESE BANK LOANS AND DISCOUNTS SWISS INTERBANK RATE 8 12 8 0 4 1979 1981 1979 1981 CHART 6 EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY PER PERCENT °ER Ah <JUM ENT PER ANNUM 24 20 24 OVERNIGHT 3-MONTH 20 16 16 12 12 8 8 4 4 24 24 6-MONTH 7-DAY 20 20 t* 16 12 12 8 8 4 4 24 24 1-MONTH 20 1-YEAR 20 16 16 12 12 8 8 4 4 1979 1981 1979 1981 CHART 7 SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES DIFFERENTIAL: PLUS(+), FAVORS BORROWING IN U. S. AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM 26 26 22 - 18 - - FEDERAL FUNDS 22 18 3-MONTH E U R O - D O L L A R DEPOSITS 14 14 10 - - DAY CD OVERNIGHT E U R O - D O L L A R DEPOSITS I I I I I I I I I I I 2 DIFFERENTIAL DIFFERENTIAL - V vv/IVZA^aa a ^ v ^ \ A V 1 P / i N r y v v j 1 - - I I I I I I I I 11 I 1979 1 P E R C E N T ON D I F F E R E N T I A L S C A L E = 2 P E R C E N T ON RATE S C A L E 1981 1979 1 111111!111 1981 10 CHART 8 INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM 28 28 CANADIAN FINANCE CO. PAPER, COVERED EURO-DOLLAR DEPOSITS 20 INTERBANK STERLING 20 U. S. COMMERCIAL PAPER COVERED LONDON 2 4 DIFFERENTIAL DIFFERENTIAL 2 + 0 2 28 28 INTERBANK DM COVERED FRANKFURT SWISS INTERBANK (SF) COVERED 20 20 12 v^ EURO-DOLLAR DEPOSITS EURO-DOLLAR DEPOSITS 4 2 DIFFERENTIAL 2 DIFFERENTIAL + 0 2 1979 1981 1 P E R C E N T ON D I F F E R E N T I A L S C A L E = 2 P E R C E N T ON R A T E S C A L E 1979 1981 CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES PERCENT PER AN NT PER ANNUM 19 U. 5. CORPORATE 19 MONTHLY 17 17 T5 15 UNITED STATES Aaa BONDS 13 13 11 11 9 9 E U R O - D O L L A R BONDS 7 7 12 9 10 SWITZERLAND - 7 5 8 GERMANY 3 6 4 13 " ' I l l I I I 1 15 MONTHLY UNITED KINGDOM JAPAN 11 13 9 11 7 9 Iiiliilii 5 7 18 19 16 17 FRANCE 14 15 CANADA 13 12 11 10 9 8 NETHERLANDS 6 7 1979 1981 1979 1981 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO SCALE 1969=100 RATIO SCALE 1969=100 180 180 160 — 140 - UNITED STATES N^/SyVx A 120 100 80 — jft\J VA/ I - y' — J\f - - I I I I I | ,, | I I | I I l l h l l l l l l l UNITED KINGDOM SWITZERLAND FRANCE GERMANY NETHERLANDS CANADA 1979 - 140 120 l l h l l l l l l l M 160 JAPAN 1981 1979 1981 100 80 i ' LAST VALOf PLOTTED DATE VALUE SERIES NAME CHART i 1. S P D T E X C H A N G E R A T E S A N D I N D I C E S WEEKLY AVERAGES, NOON BUYING R (U.S. C E N T S ) GERMAN MARK J A P A N E S E YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA INDICES, MARCH 1973 OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. GHTED A V E R A G E EXCHANGE VALUE INDICES, (5-10 C O U N T R I E S P L U S S W I T Z E R L A N D ) OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. MAP U.S. DOLLAR GERMAN MARK J A P A N E S E YEN DUTCH GUILDER U.K. P O U N D CANADIAN DOLLAR FRENCH FRANC SWISS F R A N C BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA 2. 3-MONTH F O R W A R D EXCHANGE RATES, PREMIUM CANADIAN DOLLAR U.K. POUND GERMAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER J A P A N E S E YEN I T A L I A N LIRA 44.21 0.43419 39.89 184.39 83.22 17.94 52.24 2.66643 0.08436 B A S E R A T E S = 100 GERMAN MARK J A P A N E S E YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA CHART 7 7 7 7 7 7 7 7 7 1973 = 124. 36 113. 69 114. 51 74.,53 82.,94 80.,83 168.,06 105.,07 47.,92 100 OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. 106.13 137.34 121.72 121.59 76.22 86.02 83. 14 179.09 110.71 47.66 83.43 OR D I S C O U N T OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. - 2 . 34 0. 50 5. 54 - 6 . 22 6. 08 4. 36 9. 55 - 1 0 . 42 SERIES CHART 3. G O L D P R I C E U.S. DOLLARS C H A R T 4. C A L L LAST VALUE PLOTTED DATE VALUE NAME IN L O N D O N , PEP AFTERNOON FIXING FINE OUNCE 440. 25 OCT. OCT. OCT. SEPT. OCT. SEPT. OCT. OCT. SEPT. SEPT. 7 7 2 25 2 25 2 2 4 25 15. 46 14. 90 16. 00 18. 93 12. 00 11. 84 7. 25 18. 50 13. 70 25. 30 3-MONTH INTEREST RATES U.S. 90-DAY CD'S, SECONDARY MARKET G E R M A N INTERBANK LOAN J A P A N E S E BANK LOANS R DISCOUNTS C A N A D I A N F I N A N C E PAPER INTERBANK STERLING SWISS INTERBANK LOAN WEIGHTED AVERAGE FOREIGN INTEREST RATE (G-10 C O U N T R I E S " L U S S W I T Z E R L A N D ) C H A R T 6. E U R O - D O L L A R SELECTED 16.04 12.28 7.27 19.30 16.73 10.95 13.79 1 90 15.38 OCT. OCT. OCT. OCT; OCT. OCT. EURO-DOLLAR OVERNIGHT EURO-COLLAR U.S. FEDERAL FUNDS D I F F E R E N T I A L ADJ. FOR AND U . S . 1 6, 00 17.03 17.33 16.81 MONEY M A R K E T R A T E S DEPOSITS RESERVE REQUIREMENTS 3-MONTH EURO-HOLLAR DEPOSIT RATE U.S. 90-DAY CD'S, SECONDARY MARKET DIFFERENTIAL OCT. OCT. OCT. OCT. OCT. OCT. OCT. DEPOSIT RATES: LONDON OVERNIGHT 7-DAY 1-MONTH 3-MONTH 6-MONTH 1-YEAR CHART 7. 7 MONEY RATES U.S. FEDERAL FUNDS OVERNIGHT EURO-DOLLAR DEPOSITS U.K. 2-DAV LOCAL AUTHORITY DEPOSITS CANADA GERMANY EURO-DM JAPAN FRANCE NETHERLANDS EURO-SWISS FRANC C H A R T 5. OCT. OCT. OCT. OCT. 7 7 7 14. 90 15. 46 - 0 . 56 OCT. OCT. OCT. 7 7 7 17. 03 16. 04 0. 99 LAST VALUE PLOTTED DATE VALUE SERIES NAMF CHART 8. INTEREST ARBITRAGE, 3-MONTH PONDS OCT. OCT. OCT. 7 7 7 17.03 17.25 -0.22 OCT. OCT. OCT. 7 7 7 15.44 16.84 -1.41 EURO-DOLLAR DEPOSIT I N T E R B A N K DM ( F R A N K F O R T ) , C O V E R E D DIFFERENTIAL OCT. OCT. OCT. 7 7 7 17.03 17.99 -0.97 EURO-DOLLAR DEPOSIT SWISS INTERBANK, COVERED DIFFERENTIAL OCT. OCT. OCT. 7 7 7 17.03 17. 20 - 0 . 18 OCT. OCT. AUG. SEPT. SEPT. AUG. SEPT. OCT. 2 2 15.68 10.84 9. 16 6. 18 17. 10 17.05 11.98 14.26 EUFO-DOLLAR DEPOSIT INTERBANK STERLING (LONDON), ,DIFFERENTIAL COVERED i. U.S. C O M M E R C I A L PAPER C A N A D I A N FINANCE PAPER, DIFFERENTIAL ) CHART 9. L O N G TERR GOVER1ENT UNITED STATES GERMANY JAPAN (MONTHLY) SWITZERLAND CANADA FRANCE NETHERLANDS UNITED KINGDOM COVERED BOND YIELDS 11 25 14 4 2 O.S. C O R P O R A T E AAA B O N D S EURO-DOLLAR tHART % 10. STOCK BONDS 16.92 13.33 INDICES UNITED STATES UNITED KINGDOM CANADA GERMANY SWITZERLAND NETHERLANDS FRANCE JAPAN SEPT. AUG. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 30 30 30 30 30 30 30 30 120.15 104.52 186.54 95.22 84.58 76.87 92.67 145.91 FEDERAL RESERVE statistical release OCTOBER FOREIGN EXCHANGE RATES FOP T H E WEEK ENDING OCTOBER 13, 1981 9, 1981 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 AUSTRALIA AUSTRIA BELGIUM CANADA DENMARK FINLAND FRANCE GERMANY INDIA IRELAND ITALY ,TA?A» MALAYSIA MEXICO NETHERLANDS NEW Z E A L A N D NORWAY PORTUGAL S O U T H AFRICA SPAIN S R I LANKA SWEDEN SWITZERLAND UNITED KINGDOM MONETARY UNIT OCT. DOLLAR SCHILLING FRANC DOLLAR KRON? MARKKA FRANC n. M A R K RUPEE POUND LIRA YEN DOLLAR PESO GUILDER DOT L A B KRONE ESCUDO RAND PESETA RUPEE KRONA FRANC POUND 115.0000 6.37755 * 2.70270 83.3959 13.9519 22.6372 17.9983 44.9438 11.0497 159.5000 0.08460 0.43937 43.1220 3.9526 40.5844 82.9300 17.23A4 1.5408 105.7000 1.0466 4.8792 18.1983 52.9942 185.4500 5 OCT. 6 fRA PE U . S . CENTS] OCT. 7 114.8500 6.35324 2.63922 83.3056 13.7741 22.4215 17.7148 44.3951 10.9769 156.5000 0.08333 0.43403 43.1313 3.9502 40.1606 82.5000 16.9491 1.5552 105.8800 1.0460 4.8792 18.0505 52.4934 184.7000 115.3200 6.43915 2.69324 83.4098 19.0154 22.8206 17.9565 45.0653 11.0132 159.5000 0.08464 0.43764 43.2339 3.9479 40.7083 83.2500 17.1999 1.5625 105.7000 1.0580 4.8792 19.2565 53.2482 186.9000 OCT. 8 115.3500 6.40615 2.69469 83.3889 14.0252 22.8571 18.0930 45.3309 11.1607 160.4000 0.08450 0.43792 43.2900 3.9456 40.8998 83.5000 17.2339 1.5625 105-8300 1.0573 4.8792 18.2815 53.5906 199.8500 OCT. 9 115.5200 6.54022 2.70270 83.5074 14.1945 23.0947 18.1901 45.6517 11.1982 161.6000 0.08580 0.44140 43. 4 8 7 7 3.9339 41.2797 83.5500 17.3010 1.5798 106.6500 1.0728 4.8204 18.4247 54. 3 4 7 8 190.1000
@FedFRASER