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 October 24, 1983 DIVISION OF INTERNATIO NAL FINANCE Prepared by the FIN A N C IA L MARKETS SECTION BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D.C. 20551 Table o f Contents TABLES SUBSCRIPTION RATES: 1. LATEST FIGURES PLOTTED 2. DAILY CERTIFIED SPOT EXCHANGE RATES-H.10 RELEASE Weekly $15.00 per year or $.40 each in the United 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 a INTEREST ARBITRAGE: 3-MONTH FUNDS 9. LONG-TERM GOVERNMENT BOND YIELDS 10. INDUSTRIAL STOCK INDICES 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 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 RATIO S CALE MARCH 1973=100 RATIO SCALE MARCH 1973=100 120 100 80 60 50 45 80 70 60 50 40 30 1981 1983 1981 1983 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (♦) OR ( - ) AVERAGES FOR WEEK ENDING WEDNESDAY 1981 1983 1981 1983 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY u.s. c U.S. DOLLARS PER FINE < ARS PER FINE OUNCE 800 800 750 750 700 700 650 650 600 600 550 550 500 500 450 450 400 400 350 350 300 300 I1 250 1980 1981 1982 1983 250 CHART 4 CALL MONEY RATES WEEKLY SERIES PER ANNUM PERCENT PER 28 24 24 20 U. S. FEDERAL FUNDS 20 16 16 12 12 8 8 4 4 0 24 24 20 20 16 16 12 12 8 8 4 4 + 0 ♦ 0 24 20 20 16 16 12 12 8 8 4 4 0 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES PERCENT PER ANNUM PERCENT PER ANNUM 1981 1983 1981 1983 CHART 6 EURO-DOLLAR DEPOSIT RATES Lo n d o n AVERAGES FOR WEEK ENDING WEDNESDAY PER A N N U M P E R C E N T PER 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 1981 1983 1981 1983 CHART 7 SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES DIFFERENTIAL: PLUS(+>, F A V O R S BORROWING IN U. S. A V E R A G E S F O R W E E K ENDING W E D N E S D A Y P ER CENT PER ANNUM PERCENT PER ANNUM 3 2 1 4 -0 I 1 2 3 4 1983 1981 1 PERCENT ON D IF F E R E N T IA L SCALE = 2 PERCENT ON RATE SCALE 1981 1983 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 CANADIAN FINANCE CO. PAPER, COVERED - 20 - 12 ♦ 0 1 PE RC ENT ON D IF F E R E N T IA L S C A LE = 2 PERCENT ON RATE SC A LE CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES 19 19 15 15 11 11 7 7 15 9 11 5 7 1 13 13 M ONTHLY JAPAN 9 9 5 5 22 22 18 18 Aaa BONDS 14 14 10 10 6 6 1981 1983 1981 1983 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES R A T IO S C A L E RATIO SCALE 1969=100 1969=100 200 180 160 140 120 100 180 160 140 120 100 80 1981 1983 LAST VALUE PLOTTED DATE VALUE SEBIES EABE CHART 1. SPOT EXCHANGE BATES AND INDICES MEEKLY AVERAGES, NOON BDIING RATES (O.S. CENTS) GERMAN HARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANAD IAN DOLLAR FRENCH FRANC SNISS FRANC BELGIAN FRANC ITALIAN LIRA INDICES, OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. OCT. 19 19 19 19 19 19 19 19 19 38.48 0.42961 34.31 150.00 81.17 12.59 47.42 1.88767 0.06327 MARCH 1973 BASE RATES = 100 GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SHI5S FRANC BELGIAN FRANC ITALIAN LIRA WEIGHTED AVERAGE EXCHANGE VALUE INDICES, (G-10 COUNTRIES PLUS SWITZERLAND) O.S. DOLLAR GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 108.24 112.49 98.48 60.67 80.90 56.72 152.56 74.38 35.94 MAR 1973 = 100 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT- 19 OCT. 19 127.36 138.03 141.18 120.82 71.03 97.50 65.70 187.99 89.48 40.79 67.91 CHART 2. 3— MONTH FORWARD EXCHANGE RATES, PREMIUM OR DISCOUNT CANADIAN DOLLAR U.K. POUND GERMAN HARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE YEN ITALIAN LIRA OCT. OCT. OCT. OCT. OCT. CCT. OCT. OCT- 19 19 19 19 19 19 19 19 0.29 0.42 3.89 -4.88 5.58 3.54 3-15 -8.21 LAST VALUE PLOTTED DATE VALUE SEBIES NAME CHABT 3. GOLD PBICE IN LONDON, A F T E B N O O N FIXING O.S. DOLLABS PEB FINE ODNCE OCT. 19 396.73 OCT. 19 OCT- 19 OCT. 14 9 SEPT. OCT. 14 OCT. 21 OCT. 14 OCT. 14 1 JAN. OCT. 21 9.36 9.44 9.00 9.46 5.50 5.16 6.56 12.38 10.30 1.75 OCT- 19 OCT- 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 9.15 6.14 6.81 9.29 9.33 3.97 8.45 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 OCT. 19 9.44 9.45 9.42 9.56 9.67 9.95 C H A BT 4. CALL NONE! BATES U.S. FEDEBAL FUNDS O V EBNIGHT EUBO-DOLLAB DE P O S I T S U.K. CANADA GEBHABI EUBO-DM JAPAN FBANCE NETHERLANDS EUBO-SNISS FBANC C H A BT 5. 3— MONTH I N T E B E S T BATES U.S. 90— DAI CD'S, SECONDABI MABKET GEBMAN INTEBBANK LOAN J A P A N E S E BANS LOANS 6 DISCOUNTS C A N A D I A N FINANCE PAPEB INTEBBANK STEBLING SNISS I N T E B B A N K LOAN H E I G H T S D AVIBAGE FOBEIGN I N T E R E S T BATE <G-10 C OUNTBIES PLUS SNITZEBLAND) C H A B T 6. BUB O - D O L L A £ DEPOSIT BATES: LONDON OVEBNIGHT 7— DAI 1— MONTH 3 - MONTH 6 - MONTH 1-IEAB C H A B T 7. SELE C T E D EUBO-DOLLAB AND O.S. MONEI MARKET BATES O V EBNIGHT BUBO-DOLLAB D E P O S I T S U.S. FEDEBAL FUNDS DIFF E B E N T I A L ADJ. FOB BE S E B V E B E Q U I B E M E N T S OCT. OCT. OCT. 19 19 19 9.44 9.36 0.08 3— MONTH EUBO-DOLLAB DEPOSIT BA T E U.S. 90— DAI CD*S, S E CGND A B I MARKET DIFFEBENTIAL OCT. OCT. OCT- 19 19 19 9.56 9.15 0.41 S E R I E S NAME CH AR T CHART LAST 7ALOE PLOTTED DATE VALUE . INTEREST ARBITRAGE, 3-MONTH FORDS EUBO-DOLLAB DEPOSIT INTERBANK STERLING (LONDON) , COVERED DIFFERENTIAL OCT- 19 OCT. 19 OCT. 19 9.56 9.76 -0.19 U.S. COMMERCIAL PAPER CANADIAN FINANCE PAPER* COVERED DIFFERENTIAL OCT- 19 OCT. 19 OCT. 19 8.97 9.59 -0.62 EURO-DOLLAR DEPOSIT INTERBANK DM (FRANKFORT)* COVERED DIFFERENTIAL OCT. 19 OCT. 19 OCT. 19 9.56 10.08 -0.52 BORO-DOLLAR DEPOSIT SWISS INTERBANK, COVERED DIFFERENTIAL OCT. 19 OCT. 19 OCT. 19 9.56 9.61 -0.05 OCT. 14 7 OCT. SEPT. SEPT. 30 9 SEPT. 8 JULY MAY OCT. 14 11.60 8.13 7.29 4.70 12.09 14.32 8.85 10.06 SEPT. JULY 12.37 10.06 . LONG TERM GOVERMENT BOND YIELDS UNITED STATES GERMANY JAPAN (MONTHLY) SWITZERLAND CANADA FRANCE NETHERLANDS (MONTHLY) UNITED KINGDOM U. . CORPORATE AAA BONDS EURO-DOLLAR BONDS CHART 0. STOCK INDICES UNITED STATES UNITED KINGDOM CANADA GERMANY SWITZERLAND NETHERLANDS FRANCE JAPAN OCT. OCT. OCT. OCT. OCT* OCT. OCT. OCT. 12 12 12 12 12 12 12 12 176-92 152.16 246.13 139.84 114.64 140.88 141.58 184.94
@FedFRASER