COST OF CREDIT

COST OF CREDIT

Tue., March 14, 1990

(Percentages Per Year)INTERNATIONAL INTEREST RATES

Canada U.K. Germany Holland Switzerland

Day-to-Day

13.00 14.94 8.06 8.63 8.88

Time deposits (3 mos.)

13.13 13.31 8.44 9.00 9.13

EURODOLLARS

Call 1 Mo. 3 Mo. 6 Mo. 12 Mo.

London

7.625 8.500 8.630 8.813 9.130

Offered side, interbank quotations.

International Interest Rates supplied by European American Bank.

UNITED STATES RATES

Cmmcl.

Federal *Tr'sury Paper *Bankers *Cert.

Funds Bills Dealers Direct Ac'pt'ces of Dep.

8.19 7.93 8.30 N.A. 8.25 8.45

*90 days. 90-119 days.

U.S. prime rate, 10.0 percent; Central bank discount rates: U.S., 7.0 percent; W. Germany, 5.0; Netherlands, 6.75; Belgium, 7.75; France, 8.75; Switzerland, 5.5; Italy, 13.5; Canada, 13.31; Japan, 4.25, U.K. base lending rate, 15.0