Working Paper 286
Bob Jensen at Trinity University


Exhibit 1
MarginOOPS Bank
Reproduced from Page C18 of the Wall Street Journal, June 17, 1999
EURODOLLAR CME Interest Rate Futures

$ Million; pts. of 100%; LIBOR = 5.18% on June 17

Month Open High Low Settle Yield
July 1999 94.68 94.72 94.68 94.71 5.29
Aug 94.65 94.65 94.63 94.63 5.37
Sept 94.53 94.58 94.52 94.56 5.44
Oct       94.32 5.68
Nov 94.30 94.30 94.30 94.30 5.70
Dec 94.15 94.25 94.14 94.21 5.79
Mar 2000 94.08 94.18 94.07 94.13 5.87
June 93.86 93.97 93.85 93.92 6.08
Sept 93.68 9..80 93.68 93.75 6.25

Est. vol. 512,755       Tuesday (June 16, 1999) 376.319    open int 3,343,614 -- 13,683