Monday, January 26, 2009

Money Rates

___________________________________
MARKETS DATA CENTER
from The Wall Street Journal Online

MONEY RATES
Monday, January 26, 2009


International rates
Prime rates
Latest Wk ago
U.S.
3.25 3.25

Canada
3.00 3.50

Euro zone
2.00 2.50

Japan
1.475 1.475

Switzerland
0.52 0.53

Britain
1.50 1.50

Australia
4.25 4.25

Hong Kong
5.25 5.25


Overnight repurchase
Latest Wk ago
U.S.
0.23 0.33

U.K. (BBA)
1.387 1.483

Euro zone
1.10 2.06


U.S. government rates
Latest Wk ago
Discount
[ Effective Date: 12/16/2008 ]
0.50 0.50

Federal funds
[ Effective Date: 12/16/2008 ]
Effective rate
0.23 0.19
Target rate
0.00 0.00
High
0.4500 0.4500
Low
0.1250 0.0500
Bid
0.2500 0.0625
Offer
0.2813 0.1250

Treasury bill auction
[ Auction Date: 1/26/2009 ]
4 weeks
0.030 0.020
13 weeks
0.150 0.120
26 weeks
0.345 0.290

Secondary Market

Freddie Mac
30-year mortgage yields
Latest Wk ago
30 days
4.49 4.36
60 days
4.64 4.51
One-year ARM
3.375 3.375

Fannie Mae
30-year mortgage yields
Latest Wk ago
30 days
4.485 4.205
60 days
4.615 4.327

Constant maturity debt index
Latest Wk ago
Three months
n.a. n.a.
Six months
n.a. n.a.
One year
n.a. n.a.

Bankers acceptance
Latest Wk ago
30 days
0.48 0.48
60 days
0.75 0.75
90 days
1.00 1.00
120 days
1.20 1.20
150 days
1.35 1.35
180 days
1.53 1.53

Other short-term rates

Latest Wk ago
Call money
2.00 2.00

Commercial paper
Latest Wk ago
30 to 30 days
0.23 ...
31 to 59 days
n.q. ...
60 to 89 days
0.22 ...
90 to 119 days
0.40 ...
120 to 149 days
0.50 ...
150 to 165 days
0.63 ...
166 to 180 days
0.70 ...
181 to 270 days
n.q. ...

Dealer commercial paper
Latest Wk ago
30 days
0.59 0.49
60 days
1.04 0.97
90 days
1.24 1.07

Euro commercial paper
Latest Wk ago
30 day
1.35 1.61
Two month
1.55 1.82
Three month
1.69 1.95
Four month
1.83 2.08
Five month
1.85 2.11
Six month
1.89 2.13

London interbank offered rate, or Libor
Latest Wk ago
One month
0.40875 0.35500
Three month
1.18375 1.13250
Six month
1.67250 1.55625
One year
1.96625 1.85125

Libor Swaps (USD)
Latest Wk ago
Two year
1.490 1.326
Three year
1.841 1.651
Five year
2.292 2.023
Ten year
2.832 2.459
20 year
3.209 2.760
30 year
3.211 2.729

Euro Libor
Latest Wk ago
One month
1.800 2.049
Three month
2.143 2.408
Six month
2.250 2.484
One year
2.343 2.573

Euro interbank offered rate
Latest Wk ago
One month
1.812 2.066
Three month
2.149 2.410
Six month
2.252 2.487
One year
2.347 2.572

Hibor
Latest Wk ago
One month
0.347 0.242
Three month
0.949 0.847
Six month
1.250 1.151
One year
1.700 1.651

Asian dollars
Latest Wk ago
One month
0.408 0.354
Three month
1.180 1.132
Six month
1.625 1.578
One year
1.903 1.838

Certificates of Deposit
Latest Wk ago
One month
0.600 0.500
Three month
1.250 1.080
Six Month
1.700 1.450

Merrill Lynch Ready Assets Trust
Latest Wk ago
Call money
1.200 1.380

Eurodollars (mid rates)
Offer Bid
One month
0.25 0.75
Two month
0.50 1.00
Three month
0.75 1.25
Four month
1.25 1.50
Five month
1.25 1.50
Six month
1.35 1.75

Freddie Mac
Weekly survey
Thursday, January 22, 2009


Latest Wk ago
30-year fixed
5.12 4.96
15-year fixed
4.80 4.65
Five-year ARM
5.24 5.25
One-year ARM
4.92 4.89

__________________________________
Footnotes
U.S. prime rate and discount rate are effective December 16, 2008. U.S. prime rate is the base rate on corporate loans posted by at least 70% of the 10 largest U.S. banks.; Other prime rates aren't directly comparable; lending practices vary widely by location; Discount rate is the charge on loans to depository institutions by the New York Federal Reserve Banks; Federal-funds rate is on reserves traded among commercial banks for overnight use in amounts of $1 million or more; Call money rate is the charge on loans to brokers on stock-exchange collateral; Dealer commercial paper rates are for high-grade unsecured notes sold through dealers by major corporations; Freddie Mac RNY is the required net yield for the one-year 2% rate-capped ARM. Libor is the British Bankers' Association average of interbank offered rates for dollar deposits in the London market; Libor Swaps quoted are mid-market, semi-annual swap rates and pay the floating 3-month Libor rate..

Sources: Merrill Lynch; Bureau of Labor Statistics; ICAP plc.; Reuters; General Electric Capital Corp.; Tullett Prebon Information, Ltd.


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