The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
s (516/517? L i 4 DMA F l U U S e FEOtRP.L o f CiVtu.'v ® R A R Y W « " BANK^of fiufjtpys ch/cago Selected Interest & Exchange Rates Weekly Series of Charts September 24,1979 DIVISION OF INTERNATIONAL FINANCE Prepared by the FINANCIAL MARKETS SECTION BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM Washington, D C. 20551 K)/g 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 1973=100 RATIO SCALE MARCH 1973=100 120 - - - FOREIGN CURRENCY PRICE OF U.S. DOLLAR 80 60 I I I CANADIAN DOLLAR . . . " 1 1 1 180 # 160 140 GERMAN MARK : - - 120 ® FRENCH FRANC - — I I I 10C I I *l | | | | | | | | | | I 160 140 aA — JAPANESE YEN 120 — — J[^\ SWISS FRANC A / //vA/v ^ - 200 — 160 100 - 140 ,, |,, 80 111111111 l"i~ - y T T T t I I I I III I III I I 120 — 160 - 140 - 120 - - DUTCH GUILDER A/ 160 BELGIAN FRANC — - y-" - 120 - 100 I l l " 1 1 1 140 100 I I I I I I 100 100 ITALIAN LIRA * U X ROUND A / £ X x 60 # ^ j J 80 1 — - I I I I I 1877 I J.I. j i iiliihilii 1978 1977 1979 60 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR ( - ) AVERAGES FOR WEEK ENDING WEDNESDAY PER CENT PER ANNUM PER CENT PER ANNUM 6 |— ITALIAN LIRA CANADIAN DOLLAR + 0 24 6 6 DUTCH GUILDER U. K. POUND + 0 6 12 18 18 12 GERMAN MARK SWISS FRANC 6 6 JAPANESE YEN FRENCH FRANC 0 6 12 1977 1979 1977 1979 CHART j PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. DOLLARS PER FINE OUNCE U.S. DOLLARS PER FINE OUNCE 380 380 360 - 360 340 - 340 - 320 - 300 320 - 300 280 - 280 12.5 Kg BARS AFTERNOON FIXING PRICE 260 - 240 - 220 - - 220 200 - - 200 180 - - 180 - 260 240 160 160 140 - 120 - 140 - too 120 100 1976 1977 1978 1979 CHART 4 CALL MONEY RATES WEEKLY SERIES PER PER CENT PER ANH :NT PER ANNUM 14 JAPAN - - 10 OVERNIGHT EURO-DOLLARS - 6 U.S. FEDERAL FUNDS I 2 I I I I I 16 U.K. 2-DAY LOCAL AUTHORITY 12 NETHERLANDS 8 4 0 — FRANCE 12 • CANADA ik, z 8 V I 4 I I V" 8 EURO-SWISS FRANC GERMANY 4 EURO-DM 0 LJJ 4 1977 1979 1977 1979 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES PER CENT PER ANNUM PER CENT PER ANNUM 16 16 INTERBANK STERLING J * ~ • 12 — __ u. S. CD'S VV / SA/XZ - 12 - 4 — # e / - J — \y^j • / W WEIGHTED AVERAGE FOREIGN RATE 4 I I I I I ,, I 10 # GERMAN INTERBANK RATE - H # JAPANESE BANK LOANS AND DISCOUNTS r- 6 » L L L 1 1 1 13 SWISS INTERBANK RATE - # . CANADIAN FINANCE CO. PAPER X 9 - - e - bV/ N vV s W 5 I I 1977 I lllllllllll lllllllllll 1979 I I I I I 1977 I 1979 CHART 6 EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY PER CENT PER ANNUM PER CENT PER AL 12 OVERNIGHT 3-MONTH 1-MONTH 1-YEAR 8 4 12 8 4 12 8 4 • • • • • • • • • i t CHART 7 SELECTED EURO-DOLLAR AND U. S. MONEY MARKET RATES AVERAGES FOR WEEK ENDING WEDNESDAY PER CENT PER ANNUM PER CENT PER ANNUM 12 to OVERNIGHT EURO-DOLLAR DEPOSITS 3-MONTH 8 EURO-DOLLAR DEPOSITS FEDERAL FUNDS 6 '/ DASHED LINE 90-DAY C D ' S DASHED LINE 4 2 DIFFERENTIAL DIFFERENTIAL ADJUSTED FOR RESERVE REQUIREMENTS 1 + 0 1 1977 FAVORS BORROWING IN U. S. F POSITIVE 1979 1977 1979 CHART 8 INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS(+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY PER CENT PER ANNUM PER CENT PER ANNUM 16 r ~ 12 ^f EURO-DOLLAR DEPOSITS ] 8 CANADIAN FINANCE CO. PAPER, COVERED JY 4 + 0 INTERBANK STERLING COVERED LONDON U.S. COMMERCIAL PAPER 4 4 DIFFERENTIAL DIFFERENTIAL 16 16 14 SWISS INTERBANK (SF) COVERED 12 INTERBANK DM 10 COVERED FRANKFURT 8 V EURO-DOLLAR DEPOSITS 6 EURO-DOLLAR DEPOSITS DASHED LINE 4 2 + 0 DIFFERENTIAL DIFFERENTIAL 2 1977 1979 1977 1979 CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES PER CENT PER AK WM ENT PER ANNUM 11 1b UNITED STATES CANADA - i^-\ ~ 9 9 6 I I I I I I 1111111111" 10 7 7 SWITZERLAND 8 5 GERMANY 6 — 4 T I I I I I 3 1 16 13 UNITED KINGDOM FRANCE 11 14 9 12 7 10 NETHERLANDS 8 5 11 U. S. CORPORATE MONTHLY A u BONDS 9 EURO-DOLLAR BONDS 7 9 " \ / 7 ^ 11 MONTHLY X. J_L 5 1977 1979 1977 1979 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO SCALE I 1969=100* RATIO SCALE 1969=100 200 140 UNITED STATES 120 . A vVAy' A/V 100 80 ~l I I 1 1 1 M L , LL, LLLL 7f - 160 - 120 UNITED KINGDOM IIIMIIIIN 360 100 — 320 - 280 - 240 - JAPAN - I - 80 — 60 - 200 1 1 1 „l,,l,,In 1 1I 100 140 120 SWITZERLAND- - CANADA 80 J\j - 100 60 80 - 1 11 1 1 1 iili Mill ii 50 150 130 150 - FRANCE IVyA ^ V GENERAL INDEX sJ GERMANY 110 90 70 130 - — - VJ I i i 1 11 1977 „ - - 1 1979 1 1 1 1 1977 1 1979 - 110 - 90 # LAST VALUE PLOTTED DATE VALUE SERIES NAME 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 I T A L I A N LIRA SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 19 19 19 19 19 19 19 19 19 55. 21 0 , 44731 50. 24 2 1 6 , 73 85. 89 23, 64 6 1 , 36 3. 44117 0 , 12269 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 19 19 19 19 19 19 19 19 19 1 5 5 . 30 1 1 7 . 12 1 4 4 . 22 8 7 . 66 85. 61 1 0 6 . 53 1 9 7 . 42 13 5 c60 6 9 . 70 19 19 19 19 IS IS IS IS 19 19 IS 87.,40 149,,14 106.,01 132.,08 76,,81 75..47 95.,35 180,,47 123,.22 60,.50 94,.28 19 IS 19 19 19 19 IS ln 0.,85 - 1 . ,77 5.,53 - 0 . ,18 10..79 3..00 5..48 - 1 , .90 INDICES, MARCH 1973 BASE RATES = 100 GERMAN MARK JAPANESE YEN DUTCH GUILDER U . K . POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC I T A L I A N LIRA WEIGHTED AVERAGE EXCHANGE VALUE INDICES, MAR 1973 ( G - 1 0 COUNTRIES PLUS SWITZERLAND) U , S . DOLLAR GERMAN MARK JAPANESE YEN DUTCH GUILDER U . K . POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC I T A L I A N LIRA SWEDISH KRONA = 100 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT . 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 I T A L I A N LIRA SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT t SERIES NAME CHART 3 . LAST VALUE PLOTTED DATE VALUE GOLD PRICE IN LONDON, AFTERNOON F I X I N G SEPT. 19 355.05 SEPT. SEPT. S EPT . SEPT. SEPT. SEPT. SEPT. SEPT. AUG. SEPT. 19 19 14 14 14 21 14 14 24 14 11.37 11.65 14.13 10.20 6.80 6.50 6.81 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 19 19 19 19 19 19 19 12.04 7.90 7.00 12.00 14.14 2.10 9.33 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 19 19 19 19 19 19 11.65 11.70 12.23 12.83 12.84 12.28 OVERNIGHT EURO-DOLLAR DEPOSITS U . S . FEDERAL FUNDS DIFFERENTIAL ADJ. FOR RESERVE REQUIREMENTS SEPT. 19 SEPT. 19 SEPT. 19 11.65 11.37 0.28 3-MONTH EURO-DOLLAR DEPOSIT RATE U . S . 90-DAY C D ' S , SECONDARY MARKET DIFFERENTIAL SEPT. 19 SEPT. 19 SEPT. 19 12.83 12.04 0.79 U . S . DOLLARS PER FINE OUNCE 4 . CA|1L MONEY RATES U . S . FEDERAL FUNDS OVERNIGHT EURO-DOLLAR DEPOSITS U . K . 2-DAY LOCAL AUTHORITY DEPOSITS CANADA GERMANY EURO-DM JAPAN FRANCE NETHERLANDS EURO-SWISS FRANC 11.00 8.10 2.00 5 . 3-MONTH INTEREST RATES U . S . 90-DAY C D ' S , SECONDARY MARKET GERMAN INTERBANK LOAN JAPANESE BANK LOANS & DISCOUNTS CANADIAN FINANCE PAPER INTERBANK STERLING SWISS INTERBANK LOAN WEIGHTED AVERAGE FOREIGN INTEREST RATE ( G - 1 0 COUNTRIES PLUS SWITZERLAND) CHART 6 . EURO-DOLLAR DEPOSIT RATES: LONDON OVERNIGHT 7-DAY 1-MONTH 3-MONTH 6-MONTH 1-YEAR CHART 7 . SELECTED EURO-DOLLAR AND U . S . MONEY MARKET RATES SERIES NAME CHART 8 . LAST VALUE PLOTTED DATE VALUE INTEREST ARBITRAGE, 3-MONTH FUNDS EU xC-DOLLAR DEPOSIT INTERBANK STERLING (LONDON), COVERED DIFFERENTIAL SEPT. 19 SEPT. 19 SEPT. 19 12..83 12., 3 1 0 .,52 U . S . COMMERCIAL PAPER CANADIAN FINANCE PAPER, COVERED DIFFERENTIAL SEPT. 19 SEPT. 19 SEPT. 19 11.,76 12..87 - 1 . .09 EURO-DOLLAR DEPOSIT INTERBANK DM (FRANKFURT), COVERED DIFFERENTIAL SEPT. 19 SEPT. 19 SEPT. 19 12..83 13.. 5 4 - 0 . .72 EURO-DOLLAR DEPOSIT SWISS INTERBANK, COVERED DIFFERENTIAL SEPT. 19 SEPT. 19 SEPT. 19 12..83 12., 9 4 - 0 ..12 SEPT. AUG. JUNE AUG. SEPT. JULY AUG. SEPT. 9.. 3 1 7..53 8..07 3 ,. 5 1 10..23 10..83 8,. 3 6 10..86 CHART » . LONG TERM GQVERMENT BOND YIELDS UNITED STATES GERMANY JAPAN (MONTHLY) SWITZERLAND CANADA FRANCE NETHERLANDS UNITED KINGDOM 14 31 31 14 6 24 14 U . S . CORPORATE AAA BONDS EURO-DM BONDS EURO-DOLLAR BONDS CHART 1 0 . 9.23 6.63 8.83 INDUSTRIAL STOCK INDICES UNITED STATES JAPAN CANADA FRANCE UNITED KINGDOM SWITZERLAND GERMANY AUG. DEC. JULY SEPT. AUG. DEC. AUG. SEPT. SEPT. AUG. 14 24 29 31 14 7 31 113. .18 2 9 8 .. 7 1 113. . 8 1 145. .52 112.. 4 6 8 0 . .07 100, .28 FEDERAL RESERVE H.10(512) statistical release SEPTEMBER 2 5 , FOREIGN EXCHANGE RATES FOR THE WEEK ENDING SEPTEMBER 2 1 , 1979 1979 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. MONETARY UNIT AUSTRALIA AUSTRIA BELGIUM CANADA DENMARK FINLAND FRANCE GERMANY INDIA IRELAND ITALY JAPAN MALAYSIA MEXICO NETHERLANDS NEW ZEALAND NORWAY PORTUGAL SOUTH AFRICA SPAIN SRI LANKA SWEDEN SWITZERLAND UNITED KINGDOM DOLLAR SCHILLING FRANC DOLLAR KRONE MARKKA FRANC D. MARK RUPEE POUND LIRA YEN DOLLAR PESO GUILDER DOLLAR KRONE ESCUDO RAND PESETA RUPEE KRONA FRANC POUND SEP. 17 (RATE U . S . CENTS ) SEP. 19 SEP. 18 SEP. 20 SEP. 2 1 112.2200 7.66871 3.43761 85.9698 19.1424 25.9202 23.6379 55.1815 12.1300 207.7500 0.12280 0.44747 46.1681 4.3840 50.2159 99.5000 19.9740 2.0080 119.2000 1.5135 6.4000 23.6995 61.2745 215.2000 112.2300 7.67754 3.44471 85.7707 19.2585 25.9437 23.6463 55.2029 12.1300 207.8000 0.12285 0.44683 46.2428 4.3840 50.2260 99.6500 20.0000 2.0178 120.0500 1.5135 6.4000 23.7051 61.4251 215.3500 112.5000 7.81250 3.52237 85.6091 19.6715 26.1506 23.9837 56.5036 12.1300 212.3000 0.12407 0.45393 46.5333 4.387.9 51.3743 99.7500 20.2593 2.0325 120.1000 1.5135 6.4000 23.9866 63.1912 216.0500 112.6400 7.83699 3.51741 85.5798 19.6002 26.6596 24.0616 56.6637 12.3000 212.1500 0.12385 0.44954 46.4253 4.3879 51.2426 99.8500 20.0743 2.0284 120.1000 1.5140 6.4000 23.9808 63.6335 216.3000 112.1500 7.68049 3.44828 85.8001 19.2883 25.9605 23.6855 55.3833 12.1300 207.8000 0.12291 0.44757 46.2214 4.3860 50.3398 99.3500 20.0401 2.0169 120.1000 1.5140 6.4000 23.7248 61.6713 214.4800
@FedFRASER