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 I September 8,1986 DIVISION O F INTERNATIONAL FINANCE Prepared by t h e FINANCIAL MARKETS SECTION BOARD O F GOVERNORS F E D E R A L R E S E R V E SYSTEM Washington, D C. 20551 Table of Contents I 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 FOREIGN CURRENCY PRICE OF U.S. DOLLAR ITALIAN LIRA GERMAN MARK JAPANESE YEN DUTCH GUILDER CANADIAN DOLLAR 80 = 90 80 __ UK. POUND — 70 - 60 - v 50 - 40 FRENCH FRANC K y V ^—Xx_yv V ^ - I I I I I I l u l l , l u l u u l u hill i SWISS FRANC BELGIAN FRANC 1984 1986 1984 1986 CHART 2 3-MONTH FORWARD EXCHANGE RATES PREMIUM (+) OR H AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER ANNUM PERCENT PER ANNUM JAPANESE YEN CANADIAN DOLLAR 4 12 U. K. POUND SWISS FRANC + 0 4 8 8 GERMAN MARK DUTCH GUILDER FRENCH FRANC ITALIAN LIRA 4 0 8 0 8 16 24 24 32 1984 1986 1984 CHART 3 PRICE OF GOLD IN LONDON AVERAGES FOR WEEK ENDING WEDNESDAY U.S. 1 _ARS PER FINE OUNCE U.S. DOLLARS PER FINE OUNCE 520 520 500 500 480 480 460 460 12.5 Kg BARS 440 440 AFTERNOON FIXING PRICE 420 420 400 400 380 380 360 360 340 340 320 320 300 300 280 280 260 I I I I I I I I I I I 1983 1984 1985 260 1986 CHART 4 CALL MONEY RATES WEEKLY SERIES :NT PER ANNUM PERCENT PER M 20 MUM 20 16 16 FRANCE U. S. FEDERAL FUNDS 12 12 8 8 4 4 0 0 20 20 16 SWITZERLAND 16 CANADA 12 12 8 8 4 4 0 0 20 20 16 16 UNITED KINGDOM 12 12 GERMANY 8 4 8 4 NETHERLANDS 0 0 1984 1986 1984 1986 CHART 5 3-MONTH INTEREST RATES WEEKLY SERIES PERC NT PER ANNUM PERCENT PER AN 14 16 U . S . CD'S CANADIAN FINANCE CO. PAPER 12 14 L 10 8 — 12 10 WEIGHTED AVERAGE FOREIGN RATE 6 - I 4 I I I I 8 6 I 16 14 FRENCH INTERBANK RATE ' /A U K INTERBANK STERLING 14 12 — - 12 — 10 8 10 I 8 I I 11111111111 1 1 1 10 6 10 NETHERLANDS INTERBANK RATE 8 GERMAN INTERBANK RATE 8 6 6 4 4 2 I I I I I I I I 2 I 8 8 7 SWISS INTERBANK RATE JAPANESE GENSAKI RATE 6 6 4 5 2 0 4 1984 1986 1984 1986 CHART 6 EURO-DOLLAR DEPOSIT RATES LONDON AVERAGES FOR WEEK ENDING WEDNESDAY PERCENT PER AL ENT PER ANNUM 14 14 3-MONTH OVERNIGHT 12 12 10 10 8 8 6 6 4 4 14 14 6-MONTH 7-DAY 12 12 10 10 8 8 6 6 4 4 14 14 1-MONTH 1-YEAR 12 12 10 10 8 8 6 6 4 4 1984 1986 1984 1986 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 16 16 14 14 FEDERAL FUNDS 3-MONTH DASHED LINE E U R O - D O L L A R DEPOSITS 12 12 10 10 - 90-DAY CD' S OVERNIGHT EURO-DOLLAR DEPOSITS M i l l 111111111111111111111 n I I | J I I I 111111111111111111111111 4 2 DIFFERENTIAL DIFFERENTIAL / V > v > I I I I I I I I I I I I I I I I I I I I I I I 1984 1 PERCENT ON DIFFERENTIAL SCALE = 2 PERCENT ON RATE SCALE 1986 I I I I I 1984 I 11111111111 11111111111 1986 CHART 8 INTEREST ARBITRAGE: 3-MONTH FUNDS DIFFERENTIAL: PLUS<+), INDICATES FAVOR DOLLAR ASSETS AVERAGES FOR WEEK ENDING WEDNESDAY PER< NT PER ANNUM PERCENT PER Ah 18 18 CANADIAN FINANCE CO. PAPER, COVERED EURO-DOLLAR DEPOSITS 14 DASHED LINE 14 10 10 INTERBANK STERLING 6 COVERED LONDON 2 I I J M i U. S. COMMERCIAL PAPER 6 l 2 2 DIFFERENTIAL 2 DIFFERENTIAL + 0 2 0 I I I I I I II l I ill ill I l I l l l 11' l 2 18 14 18 INTERBANK DM __ COVERED FRANKFURT SWISS INTERBANK (SF) COVERED 14 10 6 2 10 EURO-DOLLAR DEPOSITS EURO-DOLLAR DEPOSITS DASHED LINE I I I 6 DASHED LINE I I I 1 1 2 2 2 DIFFERENTIAL DIFFERENTIAL + + 0 0 I 2 I I 1984 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 - 11 I 1986 2 P E R C E N T ON R A T E S C A L E I I I I 1984 2 1986 CHART 9 LONG-TERM GOVERNMENT BOND YIELDS WEEKLY SERIES ENT PER ANNUM PERCENT PER AL 17 17 UNITED STATES 15 CANADA 15 13 13 11 11 9 9 7 7 15 9 13 UNITED KINGDOM 7 SWITZERLAND 11 5 9 3 7 1 10 10 GERMANY 8 8 6 6 I 4 I I I I I 4 18 18 U. S. CORPORATE MONTHLY 16 I - IFRANCE 16 Aaa BONDS 14 14 12 — INETHERLANDS IMONTHLY 10 10 V 8 I I I 6 1984 1986 1984 12 llllllll.l.ll - 8 6 1986 CHART 10 INDUSTRIAL STOCK INDICES WEEKLY SERIES RATIO SCALE 1969=100 RATIO SCALE 1969=100 UNITED STATES NETHERLANDS SWITZERLAND FRANCE GERMANY CANADA 1984 1986 1984 1966 SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 1 . SPOT EXCHANGE RATES AND INDICES WEEKLY AVERAGES, NOOM BUI IMG BATES ( U . S . CENTS) GERMAN MARK JAPANESE IEN DUTCH GUILDER O.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 3 3 3 3 3 3 3 3 3 3 4 9 . 12 0. 64564 4 3 . 54 148.93 72.03 14.99 60.91 2.37252 0.07111 14. 50 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 3 3 3 3 3 3 3 3 3 1 3 8 . 17 169.05 124.98 60.24 7 1 . 79 67.54 195-94 93.49 40.39 3 3 3 3 3 3 3 3 3 3 3 106.80 156.62 190.77 134.16 60.51 73.98 6 8 . 40 210.70 98.37 39.84 66.74 3 3 3 3 3 3 3 3 -2.53 - 4 . 05 1.29 —1.66 1.58 0.71 0.92 - 5 . 70 INDICES, MARCH 1973 BASE BATES = 100 GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA WEIGHTED AVERAGE EXCHANGE VALUE INDICES, HAS 1973 = 100 (G-10 COUNTRIES PLUS SWITZERLAND) U . S . DOLLAR GERMAN MARK JAPANESE YEN DUTCH GUILDER U.K. POUND CANADIAN DOLLAR FRENCH FRANC SWISS FRANC BELGIAN FRANC ITALIAN LIRA SWEDISH KRONA SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. CHART 2 . J-MONTH FORWARD EXCHANGE RATES, PREMIUM 0 8 DISCOUNT CANADIAN DOLLAR U.K. POUND GERMAN MARK FRENCH FRANC SWISS FRANC DUTCH GUILDER JAPANESE YEN ITALIAN LIRA SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 3 . GOLD PRICE IN LONDON, AFTERNOON FIXING U.S. DOLLARS PES FINE OUNCE SEPT. 3 392.28 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 3 3 3 3 3 3 3 3 3 5.83 5.84 10. 10 7.91 4.4b 4.64 7.00 5.15 1.00 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 3 3 3 3 3 3 3 3 3 5.47 4.44 4. 68 8 . 40 9 . 83 4.06 7.01 5.09 6 . 44 SEPT. SEPT. SEPT. SEPT. SEPT. SEPT. 3 3 3 3 3 3 5.84 5.85 5.74 5 . 59 5.59 5.70 CHART 4 . CALL HONEY RATES U . S . FEDERAL FUNDS OVERNIGHT EURO-DOLLAR DEPOSITS 0 . K. CANADA GERMANY JAPAN FRANCE NETHERLANDS SWITZERLAND CHART 5 . 3-MONTH INTEREST RATES U . S . 90-DAY C D ' S , SECONDARY MARKET GERMAN INTERBANK LOAN JAPANESE GENSAKI RATE CANADIAN FINANCE PAPER INTERBANK STERLING SWISS INTERBANK LOAN FRENCH INTERBANK RATE NETHERLANDS INTERBANK RATE WEIGHTED AVERAGE FOREIGN INTEREST RATE ( 6 - 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 BATES OVERNIGHT EURO-DOLLAR DEPOSITS O . S . FEDERAL FUNDS DIFFERENTIAL SEPT. SEPT. SEPT. 3 3 3 5.84 5.83 0.01 3-MONTH EURO-DOLLAR DEPOSIT RATE U . S . 90-DAY C D ' S , SECONDARY MARKET DIFFERENTIAL SEPT. SEPT. SEPT. 3 3 3 5.59 5.47 0 . 12 > *> SERIES NAME LAST VALUE PLOTTED DATE VALUE CHART 8 . INTEREST ARBITRAGE, 3-MONTH FUNDS EURO-DOLLAR DEPOSIT INTERBANK STERLING (LONDON), COVERED DIFFERENTIAL SEPT. SEPT. SEPT. 3 3 3 5.59 5.67 -0.09 U . S . COMMERCIAL PAPER CANADIAN FINANCE PAPER, COVERED DIFFERENTIAL SEPT. SEPT. SEPT. 3 3 3 5.50 5.81 -0.31 EURO-DOLLAR DEPOSIT INTERBANK DM (FRANKFURT), COVERED DIFFERENTIAL SEPT. SEPT. SEPT. 3 3 3 5 . 59 5.75 - 0 . 16 EURO-DOLLAR DEPOSIT SWISS INTERBANK, COVERED DIFFERENTIAL SEPTSEPT. SEPT. 3 3 3 5.59 5.66 -0.07 AUG. AUG. AUG. AUG. AUG. AUG. JUNE AUG. 29 29 29 15 15 15 7 . 02 5.56 4.76 4.28 9.16 8.42 6.38 9 . 12 CHART 9 . LONG TERM GOVERtiENT BOND YIELDS UNITED STATES GERMANY JAPAN (MONTHLY) SWITZERLAND CANADA FRANCE NETHERLANDS (MONTHLY) UNITED KINGDOM 29 U . S . CORPORATE AAA BONDS CHART 1 0 . JUNE 9 . 13 STOCK INDICES UNITED STATES UNITED KINGDOM CANADA GERMANY S8IT2ERLAND NETHERLANDS FRANCE JAPAN AUG. AUG. AUG. AUG. AUG. AUG. AUG. AUG. 27 27 27 27 27 27 27 27 257.74 28 1. 52 300.90 299.45 188.23 358.16 413.46 405.56 FEDERAL RESERVE statistical release H 1 0 <512) ' I •> SBPTBBBBB 5, 1986 FOREIGN EXCHANGE RATES FOB THE MBBK BBDIBG SBPTBHBBB 5, 1986 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 rates In New York City for cable transfers payable in foreign currencies: COUNTBY MONETARY UNIT •AUSTRALIA AUSTRIA BELGIUM BRAZIL CABADA CHINA, P. B. DENMARK FIBLABD FRANCE GERMANY GREECE HONG KONG INDIA •IRELAND ITALY JAPAN MALAYSIA NETHERLANDS •HEM SSALAND NOBNAY PORTUGAL SINGAPORE •SOOTH AFRICA w SOUTH KOREA SPAIN SRI LANKA SWEDEN SWITZERLAND TAINAN s THAILAND •UNITED KINGDOM DOLLAB SCHILLING FBANC CBUZADO DOLLAB YUAN KRONE MARKKA FBANC D. MABK DBACHHA DOLLAB BUPEE POUND LIRA YEN RINGGIT GUILDER DOLLAB KRONE BSCUDO DOLLAR RAND ION PESETA RUPEE KBONA FBANC DOLLAB BAHT POUND MEMO: •UNITED STATES DOLLAB SEP. H 0 L I D A Y 0.25 1 CURRENCY UNITS PER DOLLAR) SEP. 2 SEP. 3 60.93 14.300 42.090 13.84 1.3862 3.7129 7.6940 4.8850 6.6580 2.0320 133.850 7.8010 12.5700 135.35 1403.50 154.25 2.5995 2.2920 48.730 7.2940 145.450 2.1515 41.15 883.30 133.400 28.225 6.8850 1.6390 36.990 26.090 148.92 106.59 SEP. 4 SEP. 5 61.24 14.270 41.950 13.84 1.3867 3.7129 7.6770 4.8780 6.6410 2.0265 133.700 7.8025 12.5800 135.65 1402.00 154.70 2.6000 2.2870 4 8 . 800 7.2830 144.900 2.1580 42.40 883.30 133.000 28.227 6.8760 1.6360 3 6 . 980 2 6 . 100 149.95 61.62 14.290 42.040 13.84 1.3879 3.7129 7.6885 4.8865 6.6530 2.0298 133.700 7.7995 12.5700 135.42 1402.00 154.90 2.6010 2.2900 48.150 7.2800 145.250 2.1565 41.85 883.50 133.100 28.235 6.8770 1.6430 36.970 26.110 150.40 61.61 14.410 42.400 13.84 1.3862 3.7129 7.7620 4.9150 6.7070 2.0480 135.000 7.8005 12.5700 134.25 1413.50 1 5 5 . 40 2.6050 2.3*90 47.850 7.3200 1 4 6 . 150 2 . 1620 42.00 883.50 >134.200 28.242 6.9110 1.6645 36.960 26.120 149.50 106.36 106.48 1 0 7 . 18 tXNUJSX Or NJSXGUTED AVERAGE EXCHANGE 7ALU E OF U . S . DOLLAB AGAINST CUBBENCIES OF OTHEB G—10 COUNTBIES. MARCH 1973 = 1 0 0 . HEIGHTS ABE 1 9 7 2 - 7 6 GLOBAL MADE 0 * EACH Of IME 10 COUNTBIES. SEBIBS BEVISBD AS OF AUGUST 1 9 7 8 . FOB DESCBIPTIOB AID BACK DATA, SEE -itBBX OF XBB BEIGHTED-AVBBAGE BICBAIGB fALUB OF TAB U . S . DOLLAB; B E I I S I O I " 0 1 PAGE 700 OF IBB AUGUST 1978 FBDEBAL BBSBBTB BULLETIN. MALUB I S U . S . CBITS
@FedFRASER