The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Selected Interest & Exchange Rates Weekly Series of Charts OCTOBER 4,1976 DIVISION-OF INTERNATIONAL FINANCE Prepared by the FINANCIAL MARKETS SECTION BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C. 20551 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 135 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 INDEXES 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 INDEXES Chart 1 7 SPOT EXCHANGE RATES DOLLAR PRICES OF FOREIGN CURRENCIES AND WEIGHTED AVERAGE VALUES (DASHED LINE) AVERAGES FOR WEEK ENDING WEDNESDAY CANADIAN DOLLAR 100 90 V / 80 - FOREIGN CURRENCY PRICE OF U S. DOLLAR A ,x ^ v - ' I I I , I I l l JAPANESE YEN h. FRENCH FRANC : /\ - > / A I y - x v I \ : I ' I I I lllllllllll 200 180 - - GERMAN MARK -rU f\*-\ J / I 100 160 i I __ A ' i SWISS FRANC ^ - \ i DUTCH GUILDER - BELGIAN FRANC -W. | J r\J V/" ~/\y | lllllllllll 100 - 1 1 1 1 1 1 1 lllllllllll " I I I I I I I 120 Y ITALIAN LIRA * U.K. POUND i \ - . II XV k I I I i i i UIMIHIM ~ __ -\ V - W I I I x | | | II I II I M 3-MONTH FORWARD EXCHANGE RATES PREMIUMS (+), OR DISCOUNT ( - ) AVERAGES FOR WEEK ENDING WEDNESDAY 6 CANADIAN DOLLAR 0 6 SWISS FRANC U.K. POUND 0 6 1 12 DUTCH GUILDER 12 GERMAN MARK C 0 e FRENCH FRANC ~ ~ JAPANESE YEN 2 per cent on scale/equals 1 per cent on all others 5 6 24 12 1974 1974 1976 Chart 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY ' US. DOLLARS PER FINE OUNCE 210 125 Kg BARS - Afternoon fixing price 150 120 90 60 30 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 15 NETHERLANDS CANADA 5 0 20 20 EURO-SWISS FRANC GERMANY EURO-DM J 1974 1976 1974 1976 Chart 5 3-MONTH INTEREST RATES WEEKLY SERIES PER CENT PER ANNUM PEN CENT PER ANNUM r UNITED STATES CD's 12 CANADIAN FINANCE CO. PAPER 12 : s 8 8 - -/ - i I I I I I I 4 11111111111111111111111 " i l l I I I U.K. INTERBANK I STERLING I I I I H AkEURO-DOLLAR SWISS DEPOSIT RATE - / / jf y ^ I : JAPAN Monthly I I I \ / I I i Av , i ^ ™ Chart 6 EURO-DOLLAR DEPOSIT RATES London AVERAGES FOR WEEK ENDING WEDNESDAY 16 OVERNIGHT 3-MONTH 12 8 4 16 16 7-DAY 6-MONTH 12 8 4 1* 16 1-MONTH 1-YEAR 12 8 4 http://fraser.stlouisfed.org/ 1974 Federal Reserve Bank of St. Louis 1976 1974 1976 Chart 7 SELECTED EURO-DOLLAR AND U.S. MONEY MARKET RATES AVERAGES FOR WEEK ENDING WEDNESDAY 3-MONTH Euro-dollar deposits FEDERAL FUNDS OVERNIGHT Euro dollar deposits 90 DAY CD's DIFFERENTIAL Adjusted for reserve requirements DIFFERENTIAL Adjusted for reserve requirements 1 1974 Favors Borrowing in U.S. if Positive 1976 Chart 8 INTEREST ARBITRAGE: 3-MONTH FUNDS AVERAGES FOR WEEK ENDING WEDNESDAY DIFFERENTIAL: F L U S H , INDICATES FAVOR DOLLAR ASSETS PER CENT PER M ENT PEA ANNUM 20 15 INTERBANK DM Covered Frankfurt INTERBANK STERLING Covered London 15 EURO-DOLLAR DEPOSITS 10 10 EURO-DOLLAR DEPOSITS 5 5 ;\» 0 ;: v , vyv 0 DIFFERENTIAL DIFFERENTIAL 5 5 v/« I * }«'" 1 10 10 15 15 EURO-DOLLAR DEPOSITS CANADIAN FINANCE CO. PAPER, COVERED SWISS DEPOSITS (SF) COVERED 10 10 5 5 U.S. COMMERCIAL PAPER v, 0 0 DIFFERENTIAL Digitized5 for FRASER /> ,V", DIFFERENTIAL V KA'V*' 5 Chart 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES CANADA 9 UNITED STATES 7 5 12 JAPAN \ Industrial .10 8 SWITZERLAND GERMANY 6 14 18 UNITED KINGDOM 12 FRANCE 10 8 NETHERLANDS 6 4 12 12 . 10 __ U S. CORPORATE Monthly U S. CORPORATE Monthly Aaa bonds /•\ Euro-dollar bonds 8 Euro-Dm bonds 6 1974 1976 1974 1976 Chart 10 INDUSTRIAL STOCK INDEXES WEEKLY SERIES RATIO SCALE 180 UNITED STATES 100 45 400 300 100 UNITED KINGDOM JAPAN 200 60 35 lllll 240 140 SWITZERLAND 100 CANADA 60 35 180 180 FRANCE General Index 100 GERMANY 60 Digitized for45' FRASER http://fraser.stlouisfed.org/ 1974 Federal Reserve Bank of St. Louis 60 45 1976 1974 1976 \'b S E R I E S NAME CHART 1, SPOT EXCHANGE RATFS U . S . D O L L A R , WEIGHTED AVERAGE JAPANESE YEN GERMAN MARK DUTCH GUILDER U . K . POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC B E L G I A N FRANC I T A L I A N LIRA CHART ? . GOLD P R I C p U.S. CHART 4 . 29 29 29 29 29 29 29 29 29 29 <*0.56 125.13 146.36 140.36 69.98 111.17 113.06 177.23 131.26 73.39 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 29 29 29 29 29 29 29 -3.89 -9.57 0.99 -5.70 3.81 -7.33 -0.28 SEPT. 29 117.65 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. JULY SEPT. 29 29 24 17 24 17 24 24 30 17 SEPT. SEPT. JULY SEPT. SEPT. SEPT. SEPT. 29 29 I N LONDON DOLLAR PER F I N E OUNCE CALL MONEY RATES U . S . FEDERAL FUNDS OVERNIGHT EURO-DOLLAR D E P O S I T S U . K . 2 - D A Y LOCAL AUTHORITY D E P O S I T S CANADA GERMANY FURO-DM JAPAN FRANCE NETHERLANDS EURO-SWISS FRANC CHART 5 . SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. STPT. 3-MONTH FORWARD EXCHANGE RATES CANADIAN DOLLAR U . K . POUND GERMAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE YEN i. LAST VALUE PLOTTED DATE VALUr 5.32 5.39 12.*9 9.25 4.40 4.09 7.00 9.00 5.25 0.44 3 - M O N T H INTEREST RATES U . S . C D ' S ( 6 0 - 8 9 DAYS) GERMAN INTERBANK LOAN JAPANESE COMPOSITE LOAN EURO-DOLLAR DEPOSIT CANADIAN FINANCE COMPANY PAPER INTERBANK S T E R L I N G SWISS D E P O S I T 29 29 2° 29 5.25 4.56 8.23 5.58 *.35 12.58 4.50 LAST VALUE PLOTTED DATE V&LUR S E R I E S NAME CHART 6 . EURO-DOLLAR DEPOSIT RATES: LONDON S E P T . 29 SEPT. 29 SEPT. 29 S E P T . 29 SEPT. 29 S E P T . 29 OVERNIGHT 7-DAY 1-MONTH 3—MONTH 6—MONTH 1-YEAR CHART 7 , SELECTED EURO-DOLLAR AND U . S . MONEY MARKET RATES OVERNIGHT EURO-DOLLAR DEPOSITS U . S . FEDERAL FUNDS D I F F E R E N T I A L A D J . FOR RESERVE REQUIREMENTS 3-MONTH IURO-DOLLAR D ^ P U ^ I T RATE U . S . C D ' S ( 6 0 - 6 9 DAYS) D I F F E R E N T I A L A D J . FOR RESERVE REQUIREMENTS CHART R . INTEREST ARBITRAGE, SEPT. 2 * SEPT. 29 SEPT. 29 S E P T . 29 SEPT. 29 SEPT. 29 5.39 5.32 0.29 5.5g 5.25 0.22 SEPT. SEPT. SEPT. 29 29 29 5.58 3.01 2.57 SEPT. 29 SEPT. 29 SEPT. 29 ! 5.25 5.46 -0.21 3-MONTH FUNDS EURO-DOLLAR DEPOSIT INTERBANK S T E R L I N G ( L O N D O N ) , DIFFERENTIAL U . S . COMMERCIAL PAPER CANADIAN FINANCE CO. PAPER, DIFFERENTIAL EURO-DOLLAR DFPOSIT INTERBANK DM ( F R A N K F U R T ) , DIFFERENTIAL COVERED COVERED COVERED EURO-DOLLAR DEPOSIT SWISS D F P O S I T ( S F ) F COVERED DIFFERENTIAL 5.39 5.41 5.49 5.56 5.96 6.4° SEPT. SEPT. SEPT. 29 29 29 5.58 5.55 0.03 SEPT. SEPT. SEPT. 29 29 29 5.56 A.31 -2.74 z SFR7FS NAMF CHART o . LONG TERM GOVERNMENT BOND Y I E L D S SEPT. 24 AUG. 27 JULY S E P T . 17 S E P T . 17 S E P T . 17 JULY 30 SEPT. 10 U N I T E D STATES GERMANY JAPAN (MONTHLY) SWITZERLAND CANADA FRANCE NETHERLANDS U N I T E D KINGDOM U.S. 10. 7.54 8.00 8.76 4.92 9.12 13.44 P.94 14.44 CORPORATE AUG. JULY JULY AAA BONDS EURO-DM PONDS EURO-DOLLAR PONDS CHART LAST VALUE PLOTTED DATE VALUE INDUSTRIAL STOCK U N I T E D STATES JAPAN CANADA FRANCE U N I T E D KINGDOM SWITZERLAND GERMANY 6.4S 7,49 8.07 INDEXES SEPT. 24 S E P T . 10 SEPT. 3 S E P T . 10 S E P T . 10 SEPT. 24 S E P T . 17 112.02 234.25 101.21 96.49 61.80 6*.*9 92.72 F E D E R A L H.IO R E S E R V E s t a t i s t i c a l OCTOBER FOREIGN E X C H A N G E R A T E S FOR THE WEEK ENDING OCTOBER 1, r e l e a s e A, 1976 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 ^ AUSTRALIA AUSTRIA BELGIUM CANADA , , DENMARK FINLAND FRANCE GERMANY INDIA IRELAND ITALY JAPAN MALAYSIA MEXICO NETHERLANDS NEW ZEALAND NORWAY PORTUGAL SOUTH AFRICA SPAIN S R I LANKA SWEDEN SWITZERLAND U N I T E D KINGDOM MONETARY UNIT SEP. DOLLAR SCHILLING FRANC DOLLAR KRONE MARKKA FRANC D . MARK RUPEE POUND LIRA YEN DOLLAR PESO GUILDER DOLLAR KRONE ESCUOO RAND PESATA RUPEE KRONA FRANC POUND 123.9900 5.71000 2.62810 102.8000 16.8400 25.8400 20.3800 40.5500 11.0800 167.9500 0.11760 0.34770 39.5800 5.0400 38.7900 98.1300 IP.6200 3.2000 114.8500 1.4700 11.5500 23.1800 40.5300 167.9500 27 SEP. 28 (PA fF U . S . SEP. 123.6400 5.71000 2.63100 102.9400 16.8500 25.8200 20.3700 40.6300 10.9000 163.6000 0.11720 0.34780 39.5800 5.03£0 38.9300 97.3300 18.6600 3.2000 114.8500 1.4700 11.*500 23.2500 40.5*00 163.6000 Ct-NTS) 29 123.2300 5.72000 2.63500 102.8300 16.9100 25.*200 20.3200 40.7500 11.3000 166.6500 0.11690 0.34750 39.6300 5.0100 3H.9200 9 6 . 2 500 18.7000 3.190C 114.8500 1.4736 11.5500 23.3200 40.6800 1 6 6 . 6 500 SEP. 30 123.4800 s.78000 2 . 6 5 700 102.7500 1 7 . 0 3 00 25.8800 20.2500 4).0700 11.3000 166.0000 0.11630 0.34*60 39.6700 *•0300 38.9600 97.0900 18.7900 3.2000 114.8500 1.4745 11.4500 23.4900 40.9000 1A6.0000 OCT. 1 123.6200 *.790C0 2.644^0 102.9500 16.9900 25.07*0 20.1800 40 . 8 4 0 0 11 . 3 0 0 0 166.6000 0.11450 0.34830 39.7100 5.0300 38.9800 96.4200 18.7300 3 . 21C0 114.8500 1.6723 11.4500 23.3900 40 . 7 9 0 0 166.6000
@FedFRASER