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2008/11/28

Money Rates

___________________________________
MARKETS DATA CENTER
from The Wall Street Journal Online

MONEY RATES
Friday, November 28, 2008


International rates
Prime rates
Latest Wk ago
U.S.
4.00 4.00

Canada
4.00 4.00

Euro zone
3.25 3.25

Japan
1.675 1.675

Switzerland
2.03 2.19

Britain
3.00 3.00

Australia
5.25 5.25

Hong Kong
5.25 5.25


Overnight repurchase
Latest Wk ago
U.S.
0.35 0.53

U.K. (BBA)
2.628 2.567

Euro zone
2.87 2.84


U.S. government rates
Latest Wk ago
Discount
[ Effective Date: 10/29/2008 ]
1.25 1.25

Federal funds
[ Effective Date: 10/29/2008 ]
Effective rate
0.63 0.65
Target rate
1.00 1.00
High
1.2500 1.2500
Low
0.2500 0.2000
Bid
0.2500 0.5000
Offer
0.5000 1.0000

Treasury bill auction
[ Auction Date: 11/28/2008 ]
4 weeks
0.050 0.100
13 weeks
0.150 0.150
26 weeks
0.490 0.840

Secondary Market

Freddie Mac
30-year mortgage yields
Latest Wk ago
30 days
4.97 5.75
60 days
5.11 5.83
One-year ARM
3.375 3.375

Fannie Mae
30-year mortgage yields
Latest Wk ago
30 days
5.091 5.817
60 days
5.146 5.892

Constant maturity debt index
Latest Wk ago
Three months
n.a. 0.813
Six months
n.a. 1.378
One year
n.a. 1.858

Bankers acceptance
Latest Wk ago
30 days
1.98 1.50
60 days
2.18 2.08
90 days
2.25 2.33
120 days
2.50 2.53
150 days
2.50 2.53
180 days
2.88 2.88

Other short-term rates

Latest Wk ago
Call money
2.75 2.75

Commercial paper
Latest Wk ago
30 to 37 days
1.05 ...
38 to 59 days
1.30 ...
60 to 89 days
1.45 ...
90 to 119 days
1.65 ...
120 to 149 days
1.70 ...
150 to 170 days
1.80 ...
171 to 180 days
1.85 ...
181 to 209 days
1.65 ...
210 to 270 days
1.60 ...

Dealer commercial paper
Latest Wk ago
30 days
1.49 1.49
60 days
2.29 2.24
90 days
2.54 2.49

Euro commercial paper
Latest Wk ago
30 day
3.27 3.35
Two month
3.62 3.68
Three month
3.70 3.70
Four month
3.70 3.58
Five month
3.73 3.72
Six month
3.74 3.74

London interbank offered rate, or Libor
Latest Wk ago
One month
1.90125 1.39500
Three month
2.21688 2.15750
Six month
2.59125 2.56875
One year
2.76625 2.73625

Libor Swaps (USD)
Latest Wk ago
Two year
2.092 2.155
Three year
2.335 2.477
Five year
2.768 3.010
Ten year
3.120 3.418
20 year
3.054 3.372
30 year
3.026 3.312

Euro Libor
Latest Wk ago
One month
3.566 3.526
Three month
3.851 4.004
Six month
3.901 4.053
One year
3.958 4.113

Euro interbank offered rate
Latest Wk ago
One month
3.574 3.543
Three month
3.853 4.021
Six month
3.897 4.065
One year
3.951 4.123

Hibor
Latest Wk ago
One month
1.101 0.958
Three month
1.951 1.950
Six month
2.251 2.251
One year
2.451 2.446

Asian dollars
Latest Wk ago
One month
1.944 1.385
Three month
2.226 2.145
Six month
2.588 2.528
One year
2.752 2.663

Certificates of Deposit
Latest Wk ago
One month
1.500 1.500
Three month
2.550 2.500
Six Month
3.050 3.000

Merrill Lynch Ready Assets Trust
Latest Wk ago
Call money
2.330 2.460

Eurodollars (mid rates)
Offer Bid
One month
1.50 2.25
Two month
2.00 2.50
Three month
2.15 2.75
Four month
2.30 3.00
Five month
2.40 3.00
Six month
2.50 3.25

Freddie Mac
Weekly survey
Thursday, November 27, 2008


Latest Wk ago
30-year fixed
5.97 6.04
15-year fixed
5.74 5.73
Five-year ARM
5.86 5.87
One-year ARM
5.18 5.29

__________________________________
Footnotes
U.S. prime rate and discount rate are effective October 30, 2008. U.S. prime rate is the base rate on corporate loans posted by at least 75% of the 30 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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