The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
.••Mm, FEDERAL RESERVE statistical release ••fftURES6.."* For Release at 4:15 p.m. Eastern Time H.9(511> July 15, 1983 WEEKLY SUMMARY OF RESERVES AND INTEREST RATES Averages of daily figures Percent change Average of 4 weeks ended Levels 4 weeks ended Week ended July 13P July 6P July 13P June 15P Millions of dollars, seasonally adjusted Reserve aggregates (adjusted)1 Total reserves2 Nonborrowed reserves Nonborrowed reserves plus extended credit3 Required reserves Monetary base4 41,019 39,872 40,306 40,569 184,138 42,213 39,978 41,081 41,335 185,179 41,844 40,045 41,010 41,280 184,704 41,403 40,206 40,854 40,928 183,659 July 13, 19R3P from 4 weeks averages 52 weeks 26 weeks 13 weeks previous previous previous Seasonally adjusted annual rates 6.9 -1. 1 5. 1 6.4 8.9 5.6 0.3 4.3 5.7 9.7 7.4 5.7 8.0 7.0 9.0 4 weeks ended Week ended July 13 I July 13 June 15 Not seasonally adjusted Other reserve measures and Interest rates Discount window borrowing ($ mi!.) Includes: seasonal borrowings of extended credit of Federal funds rate 3-month Treasury bill rate 90 day dealer placed commercial paper5 3-month CD rate (secondary market) 3-month Eurodollar rate U.S. Government bond rate6 1147 144 434 9.21 9. 10 9.24 9.50 10.05 11.56 2235 143 1103 9.39 8.89 9.11 9.32 9.79 11.31 1799 139 965 9. 16 8.95 9.14 9.35 9.83 11.29 1197 107 648 8.79 8.58 8.73 8.96 9.43 11.02 Reserve aggregates include required reserves of member banks and Edge Act Corporations and other depository institutions. Discontinuities associated with the implementation of the Monetary Control Act, the inclusion of Edge Act Corporation reserves, and other changes in Regulation D have been removed. 2 Reserve balances with Federal Reserve Banks (which exclude required clearing balances) plus vault cash at institutions with required reserve balances plus vault cash equal to required reserves at other institutions. 3 Extended credit consists of borrowing at the discount window under the terms and conditions established for the extended credit program to help depository institutions deal with sustained liquidity pressures. Because there is not the same need to repay such borrowing promptly as there is with traditional shortterm adjustment credit, the money market impact of extended credit is similar to that of nonborrowed reserves. 4 Includes reserve balances and required clearing balances at Federal Reserve Banks in the current week plus vault cash held two weeks earlier used to satisfy reserve requirements at all depository institutions plus currency outside the O.S. Treasury, Federal Reserve Banks, the vaults of depository institutions, and surplus vault cash at depository institutions. 5 On July 6, 1983 bank-related commercial paper outstanding was $34,072 million. 6 Yield at 20-year constant maturity. Sources O.S. Treasury. Botes All percentage changes are at seasonally adjusted annual rates, not compounded. P—indicates preliminary data. 1
@FedFRASER