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Rates and yields for money market funds, CDs, bonds, etc. (and various Market Interest Rates)

 

for week beginning 9/1/2003

Rates as of 8/26/2003 through Nathan & Lewis Securities, Inc. (per www.nlfs.com) as examples of rates for brokered CDs.

3 mos - 1.10% 6 mos - 1.25% 9 mos - 1.35% 1 year - 1.50% 18 months - 1.85% 2 years - 2.20%

3 years - 2.75% 4 years - 3.35% 5 years - 3.35% 6 years - n/a 7 years - 4.10% 10 years - 4.40%

 

CD yields (higher than rates) for Chase per Chase phone line direct at 1.800.CHASE24.(for account holders. If customer has over $25,000 in checking or $50,000 in combined assets, then call 1.800.216.2700 for higher rates.) Or get yields via internest site at www. chase.com, then click "savings", then applicable geographical area. Customers who have Better Banking and Select Banking and meet the indicated minimum opening balances can get the following yields.

 

Per website www.chase.com at 8/26/2003 (obtained 9/1/2003) (with minimum opening balances in parantheses) 3 - month - 1.00% ($1,000) 3 - month - 1.00% ($25,000) 3 - month - 1.00% ($50,000 or $100,000) 6 - month - 1.00% ($1,000 or $25,000) 6 - month - 1.00% ($50,000 or $100,000) 7 - month - 1.00% - ($1,000) 9 - month - 1.00% - ($10,000 12 - month - 1.00% - ($1,000)   12 - month - 1.15% - ($25,000) 12 - month - 1.15% - ($100,000) 13 - month - 1.15% ($1,000)) 15 - month - 1.15% - ($10,000) Chase Smart Rate CD - 1.40% Can up the effective rate (Call about this) 24 - month - 1.65% ($1,000) 30 - month - 2.25% ($1,000) 36 - month - 2.35% ($1,000) 48 - month - 2.75% ($1,000) 60 - month - 3.20% ($1,000)

CD Yields for Capital One per website at www.capitalone.com.

(Call FMC at 914.381.3737, or direct to Capital One at 1.800.955.7070 (weekdays 8-8, or Saturdays 8-2, eastern time). Minimum deposit - $10,000.

Yields obtained on 9/1/2003 and good untl 9/2/2003

6 months - 1.25%

1 year - 2.15%

18 months - 2.27%

2 yrs - 2.37%

30 months - 2.86%

3 yrs - 3.00%

4 yrs - 3.31%

5 yrs - 4.10%

7 yrs - 4.20%

10 yrs - 4.29%

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Info at 9/1/2003 for E*Trade Bank (per www.etradebank.com) or by calling 1.800.ETBank1

Money market accounts (FDIC insured) -Balances of $0 to $999.99 - 0.50%, $1,000 to $14,999.99 - 1.51%) . Money Market Plus (with $15,000 minimum to $50,000 - 1.85%, over $50,000 - 2.01%)

The following are annual percentage yields:

3 months - ?

6 months -?

1 year - 1.76%

15 months - ?

1.5 years - ?

2 years - 2.17%

3 years - 2.66

5 years - 3.53%

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Info at 9/1/2003 for ING Direct (Wilmington, DE) per www.ingdirect.com: (1.800.464.3473). (No fees and no minimums. Penalties if withdrawn are generally one-half of the interest that was accrued on your deposit since the account was opened or renewed).

The Orange Savings Account (FDIC insured) (no fees, no minimum), accrued daily, compounded monthly to give an annual yield of 2.00%

Certificates of Deposit - annual percentage yields:

1 year - 2.10%

2 years - 2.30%

3 years - 2.75%

4 years - 2.80%

5 years - 3.75%

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Equity-linked CDs - Click here.

Various marketplace money rates (and other market info) per Barrons' Market Week section - 9/1/2003

Click here for the page published in the newspaper.

Various money fund yields per Barrons' Market Week section - 9/1/2003

Click here for the page published in the newspaper.

CD and money market rates per The New York Times (Money and Business Section) on 8/31/2003

Click here for the page published in the newspaper.

CD and money market rates per Barron's (Market Week Section) on 9/1/2003

Click here for the page published in the newspaper. 

CD and money market rates per The Journal News on 9/1/2003

Click here for the page published in the newspaper. 

 Chase (c) (s) (t) (y) - www.chase.com

 Citibank (v) - www.citibankonline.com

 Bank of New York (c) (k) (u) - www.bankofny.com

Fleet (d) - Tel 800-225-5353)

HSBC Bank USA - Tel 914.353.7420

E*Trade Bank - yield (w) - www.etrade.com

Union State Bank (Tel 914 637 3670) 

First Union Bank, Thornwood

For comparison to CDs - Below are various rates and yields in the marketplace such as money market funds, both taxable and tax-free, at 8/29/2003 per Walnut Street Securities, Inc. (netxpro.com, market reports, rateboard)
Pershing- Money market rate	0.20%
Alliance Taxable Money Funds - 7-day yield at 8/29/2003
Alliance Capital Reserves	0.15%
Pershing Government Account	0.09%
Alliance Treasury Reserves	?%
Alliance Money Reserves	0.16%
Alliance Institutional Reserves-Prime B (AIPB) (special for jumbo, with $1 million minimum - )	0.98% (7 day yield) and 1.0% (30 day yield) on 6/15/03
Alliance Tax-free Municipal Trust:
General Portfolio	0.??%
California Portfolio	0.??%
Connnecticut Portfolio	0.05%
Florida Portfolio	0.??%
Massachusetts Portfolio	0.??%
New Jersey Portfolio	0.05%
New York Portfolio	0.05%
Pershing credit interest (on cash balances)	0.?%

For comparison to CDs - Yields on Treasury issues at 8/29/2003
Type of issue		Per 9/1/03 bloomberg.com, except for those marked Netxpro which are per netxpro.com - market reports, rateboard
3 month T- Bill		0.97%
6 month T- Bill		1.04%
1-year T- Bill		1.04%(Netxpro-8/29/03)
2 yr T-Note		1.96%
5 yr T-Note		3.45%
10 yr T-Note		4.46%
30 year Bond		5.22%

 

For comparison to CDs - Government agency bonds and notes and Corporate notes ($10K) FSC Securities Corp.at dates indicated (per fscorp.com - departments, trading, new issues)     Per www.nlfs.com (Treasury Strip offerings) on 5/10/2003  Item  Coupon Maturity Yield-to-maturity Price Gross Sales Credit per $1000? Treasury Strip 0% 11/15/2004 1.06% 98.414 $3.00 Treasury Strip 0% 11/15/2008 2.67% 86.396 $6.25 Treasury Strip 0% 11/15/2013 4.05% 86.396 $6.25 Treasury Strip 0% 11/15/2020 4.89% 86.396 $6.25
Issuer	Moody's rating	S&P rating	Coupon rate	Frequency	Yield	Maturity	Callable	Price
U.S. Government bond and notes as of 7/3/02 (before commissions)
Freddie Mac notes	Aaa	NR	4.875%	semiannual	4.298%	3/15/2007	N/C	102.418
Fannie Mae- Fannie notes	Aaa	AAA	5.000%	semiannual	4.232%	1/15/2007	N/C	103.129
Freddie Mac notes	Aaa	NR	5.500%	semiannual	5.299%	9/15/2011	N/C	101.442
Fannie Mae- Fannie notes	Aaa	AAA	5.375%	semiannual	5.318%	11/15/2011	N/C	100.410
Corporate bonds as of 7/3/2002 (before commissions)
Ford Motor Cr. Corp.	A3	BBB+	6.700%	semiannual	4.967%	7/16/2004	N/C	103.285
General Electric Cap. Corp. MTN Be	Aaa	AAA	5.000%	semiannual	4.719%	2/15/2007	N/C	101.144
GMAC	A2	BBB+	6.875%	semiannual	6.998%	9/15/11	NC	99.163
MorganStanley/ DeanWitter&Co.	Aa3	AA-	6.60%	semiannual	6.219%	4/1/12	NC	102.740

 

 

Various other Info items (per FSC Securities Corp. (netxpro.com, market reports, rateboard)	Pre 9/11/01 attack (Closing prices at 9/10/2001)	Closing prices at 8/29/2003 (except stock market index averages)
Prime rate	6.50%	4.00%
Pershing-based lending rate	?	4.50%
Discount rate	3.00%	2.00%
Federal funds rate	3.50%	1.00%
Gold (London spot), troy oz.	$304.25	$369.80
Silver (London spot), troy oz.	$4.46	$5.09
Oil (W.Tx.Int.crude), barrel	$26.18	$31.53
Currency rates per US dollar:	Closing at Friday 9/7/2001	Closing prices at 8/29/03 (per netxpro.com)
Euro	1.1031	0.92157
Japanese Yen	120.18	116.61808
German Mark	2.1577	n/a
Mexican Peso	9.3560	11.07420
British Pound	0.6843	0.63468
French Franc	7.2365	n/a
Canadian Dollar	1.5658	1.38619
Stock indexes at close of 9/10/2001 (Monday) per marketwatch.com:	Closing at Monday 9/10/2001	Symbol
Dow Jones Industrial Average	9,605.51	DJIA
Dow Jones Transportation Average	2,676.49	DJTA
Dow Jones Utilities Average	335.48	DJUA
S&P 500 Index	1,092.54	SPX
S&P 100 Index	1,092.54	OEX
Nasdaq Composite Index	1,695.38	COMP
Nasdaq Computer Index	802.24	IXCO
CBOE Nasdaq 100 Index	1,365.39	NDX
Russell 3000 Index	601.18	RUA
Russell 2000 Index	440.73	RUT
Russell 1000 Index	575.57	RUI
NYSE Composite Index	568.08	NYA
Amex Composite	855.35	XAX
Amex S&P Midcap 400 Index	467.16	MID

 For comparison to CDs - Tax-free bonds (NY and non-NY, AAA insured, noncallable with maturities of between 5 and 15 years)

Tristate area (NY, NJ, CT) bonds

NonNY bonds

Tax-free bonds - Grid of yields by year among safety rankings and AAA muni yields as a % of US Govt. yields.

Tax-free bonds - Grid of yields by year for AAA muni yields per www.Bloomberg.com

(a) - All banks are FDIC insured

(a1) - $1,000 minimum

(b) - V - # (Ranked by Veribanc for safety #0 weak to #3 strong, U = unrated)

(b) - B - # (Ranked by bankrate.com for safety #1 weak to #5 strong, U = unrated)

(c) - These rates require a checking account

(c1) - $2,500 minimum

(d) - A quarter percent bonus for Golden (min deposit 10K) a/c holder is in addition to the presented rate

(e) - A quarter percent bonus for 1-4 year CD Extra Advantage a/c holders (min deposit $15)

(e1) - $2,000 minimum

(f) - Min deposit for a 3 mos CD is 25K

(g) - Small saver yield

(g1) - $1 minimum

(h) - Jumbo yield

(h1) - $500 minimum

(i) - Jumbo yield with minimum deposit shown

(j) - $5,000 minimum

(k) - these rates assume having a relationship with the Bank of New York.

(L) - Must be a member of the credit union.

(o) - 2 1/2-year term

(p) - NYT at 8/3/00, pg.C8.

(r) - (min $5,000)

N/P - Not provided

(s) - These rates assume having a relationship with the Chase Manhattan Bank

(t) - Chase Bk website for rates: http://www.chase.com/pages/personal/prodservs/savinginvest/savingscds

(u) -Bank of New York website for rates: http://www.bankofny.com/ind/nycdpp.htm

(v) - Citi Bank website for rates: https://web.da-us.citibank.com/cgi-bin/citifi/scripts/prod_and_service/prod_serv_detail.jsp?

BV_UseBVCookie=yes&BS_Id=SvgCDs&BS_Branding=Default

(w) - Etrade Bank website for rates: http://www.etradebank.com/services/cds.cfm

(x) - Journal News link to Banxquote.com website reference for searchable CD database (for 1 and 5 year rates) is http://www.banxquote.com/nyjournalnews/cdrate3.asp?productcd

(y) This is the annual percentage yield, not the rate which is lower.

(z) These Citibank yields are the "select" yields which are available for certain balances (3 mos - $25,000, 6 mos - $50,000, 1 year - $100,000).