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MONEY MARKET INDICES AT 31 OCTOBER 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 October 31 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: 189.91, 1MTH 0.46%, 3MTH 1.47%, 12MTH 6.39%, YTD 5.08%, MAR93 3.45%

ONE MONTH CD INDEX 189.48 1MTH 0.46%, 3MTH 1.44%, 12MTH 6.34%, YTD 4.98%, MAR93 3.35%

THREE MONTH CD INDEX 187.28 1MTH 0.46%, 3MTH 1.36% 12MTH 6.35%, YTD 4.99%, MAR93 3.28%

SIX MONTH CD INDEX 181.14 1MTH 0.52% 3MTH 1.24% 12MTH 6.02%, YTD 4.89%, MAR93 3.14%

ONE YEAR CD INDEX 174.52 1MTH 0.63%, 3MTH 1.15% 12MTH 6.01%, YTD 5.28%, MAR93 3.17%

SHORT COMPOSITE CD INDEX 184.84 1MTH 0.57%, 3MTH 1.35%, 12MTH 6.52%, YTD 5.35%, MAR93 3.42%

LONG COMPOSITE CD INDEX 187.18 1MTH 0.49%, 3MTH 1.38%, 12MTH 6.40%, YTD 5.07%, MAR93 3.33%

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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