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MONEY MARKET INDICES 13 SEPTEMBER 1993

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Figures are for total return with interest compounded and for changes over 1,3, and 12 months and change year to da...
Figures are for total return with interest compounded and for changes over 1,3, and 12 months and change year to date (YTD) and March 93 to date issued September 13 1993. Indices are updated at the end of each calendar month. The composite CD indices represent baskets of certificates of deposit with average lives of three and six months respectively. Deduct half a month to establish the average life of the one month to one year indices.

LOCAL AUTHORITY 7 DAY DEPOSIT INDEX: 188.13,

1MTH 0.48%, 3MTH 0.52%, 12MTH 1.54%, YTD 7.19%, MAR93 4.09%

ONE MONTH CD INDEX 188.61

1MTH 0.50%, 3MTH 1.47%, 12MTH 7.08%, YTD 4.00%, MAR93 2.39%

THREE MONTH CD INDEX 186.42

1MTH 0.44%, 3MTH 1.38% 12MTH 7.51%, YTD 4.04%, MAR93 2.34%

SIX MONTH CD INDEX 179.53

1MTH 0.34% 3MTH 1.31% 12MTH 8.19%, YTD 3.95%, MAR93 2.22%

ONE YEAR CD INDEX 172.98

1MTH 0.26%, 3MTH 1.59% 12MTH 10.23%, YTD 4.36%, MAR93 2.26%

SHORT COMPOSITE CD INDEX 185.43

1MTH 0.43%, 3MTH 1.41%, 12MTH 7.77%, YTD 4.09%, MAR93 2.37%

LONG COMPOSITE CD INDEX 183.07

1MTH 0.38%, 3MTH 1.50%, 12MTH 8.90%, YTD 0.34%, MAR93 2.43%

Indices are updated at the end of each calendar month. The composite CD indices represent baskets of certificates of deposit with average lives of three and six months respectively. Deduct half a month to establish the average life of the one month to one year indices.

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