International Interest Rates. A number of Web sites publish current interest rates by currency and maturity. Use
Question:
International Interest Rates. A number of Web sites publish current interest rates by currency and maturity.
Use the Financial Times Web site listed here to isolate the interest rate differentials between the U.S. dollar, the British pound, and the euro for all maturities up to and including one year.
Financial Times markets.ft.com/RESEARCH/Markets/Interest-Rates
Data Listed by the Financial Times:
■ International money rates (bank call rates for major currency deposits)
■ Money rates (LIBOR and CD rates, etc.)
■ 10-year spreads (individual country spreads versus the euro and U.S. 10-year treasuries). Check which countries actually have lower 10-year government bond rates than the United States and the euro.
Probably Switzerland and Japan.
■ Benchmark government bonds (a sampling of representative government issuances by major countries and recent price movements). Note which countries are showing longer maturity benchmark rates.
■ Emerging market bonds (government issuances, Brady bonds, etc.)
■ Eurozone rates (miscellaneous bond rates for assorted European-based companies; includes debt ratings)
Step by Step Answer:
Multinational Business Finance
ISBN: 9781292097879
14th Global Edition
Authors: David Eiteman, Arthur Stonehill, Michael Moffett