P299 CEEFAX 299 Sat 8 Jun 23:55/31 1/6 n V RS O Advic Would bj inv stork should b awar of th pitfalls of inv sum nt in financial markets. Precis displa jd ar indicative only and professional advice should bj sought before dealing. Bonds "Long bond" is a US Treasury bond (T-bond) with a 30-year life. Commoditi Prices for gold ar qu t d in dollars pj ounc ; silvj in pence per troy ounce; coppj , lead, tin, zinc, both aluminium contracts, and nickel in dollars pet tonne; wheat, barley, and potatoes in pounds pj tonne; oil in dollars pet bulk barr l of Br nt Blind crude. Long bond 255 Commodities 258 Finance Main Menu SportMenu TV/RadioP299 CEEFAX 299 Sat 8 Jun 23:05/21 2/6 VIEWERS' A-Z /. /. /, /, £ £££££££££££££££ ££££ ££££££££££ £££ f £ n xpr on of h po n value in t rms of a trad -weight d basket of curt ncieu. (100 = 1975). Futures Three LIFFE contracts are f atur pag s 244 and 254). Th y ar designed to allow investors to protect thjmsjlvjs against shifts in shari prices (FT-SE 100 future) or inter st a L gil f tu ho t t ling f tu ). Fo th pu po Cjefax viewers, they can provide guidance to the prevailing market p c ptio o s pric o int t rate trends. See Long gilt and Short Sterling. FT-SE 100 future 244 Headlines 201 Financ Main M nu Spo tM nu TV/RadioP299 CEEFAX 299 San 8 Jun 23:06/33 3/6 VIEWERS' A-Z Gilts Short for gilt-edged, thjsj are US govjrnmjnt stocks and, like othjt bonds (see Bonds), pay fixed rates of interest over pjtiods that vary between stocks while r paying £100 t opposition to the prevailing level of interest rates. Ind c s White not indicat d, market indic quot d o Cjefax ar made up as follows. All ordinaries (all shares), CAC (40), DAX (30), Dow 0 O ( mpl , FT o ( 0 , ang Sing (33), Nikkei (225), S&P (500), UPI (all), Straits Times industrial (30). Gilts 228 Indices 240 Fin nce Main M nu Spo tMenu TV/RadioP299 CEEFAX 299 Sat 8 Jun 23:56/12 4/6 VIEWERS' A-Z . /.)/, /, Inte bank Curt ncy rates on 251 and 2 apply to d alings b twe n banks in sums upwards of £500,000. Three-month interbank interest rates (on 254) rips sent inter-bank borrowing costs Interest rates Long gilt futures, Eurodollar deposits, and Long Bonds are pric in 32nds djnot d b a h ph n . Eurodollars are dollars held outside the US. The Long Bond i a US Tr a ur bond maturing in 30 years' time. (The yield is shown beneath the pric ). See Long gilt and Short Stirling. Forix report 247 Headlines 201 Finance Main Menu SportMenu TV/RadioP299 CEEFAX 299 Sat 8 Jun 23:04/31 5/6 n1n1 |/ VIEW RS A Z £££££££££££££££££££££££££££££££ ££££££ L FFE Denotes London International Financial Futu s Options xch ng . LME Denotes London Metal Exchange. Long gilt future These are futures in a note al Bri i h g t u t d n ti ms of a nominal £100 worth. Prices All prices and rates quoted on Cjefax (except for the tourist rates on 253) are "middles". Bid-off spreads widen during pjtiods of price/rat volatility. R lts EPS is earnings pj thar - profit dived d bz n mb of thar s. LIFFE long gilt 254 H adlinjs 201 Financ Main M nu Spo tM nu TV/RadioP299 CEEFAX 299 Sat 8 Jun 23:55/44 6/6 VIEWERS' A-Z SHARECHECK Constituents ar biog st companies in terms of market worth. S l ction i r d t hr -month intervals. Biggest winnjts & losers are a sub-set of the SHARJCHECK and Rrcunt Rho t ste ling futur Quot d at 100 units minus rate of interest, thjsj are futur s in thre -month st ling djpos ts Traded options An approach to stock market investment pionjetid in the US an o ing a lat v ly high d of gearing (see page 235 for furthjt Short sterling 254 SHARECHECK 220 Finance Main M n Spo tM nu TV/ dig