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statistical
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
U.'c
BANK." RATES ON SHORT-TERM BUSINESS LOANS
.Interest rate
I
(Per cent per annum}
All.sizes
Dec.
Sept.
1962
1962
2.0
4-1/2%
..• • • 4 . 6
Over 4-1/2 and less than 5%
>•5
45.0
5.7.
5%
Over 5 and less than 5-1/2%
5-1/2%
Over 5-1/2 and less than 6%
11.7
6.4
'10.9
2.4
11.5
6.7
10.1
2.4
10.1
3.7
14.9
: '4.3
' 3.7
15.7
4.1
13:2
3.6
12.3
' 4.3
46.9
17.4
48.5
16.7
100.0
100.0
Over 6%
Total per cent
».-j 100.0
100.0
|
Total - Dollar amount* ....'. 11,983,350 2 , 0 5 5 , 0 9 7 ! 3 4 , 8 3 7
Total - Number of loans .„. . . j
Weighted average:
.. 19 Cities
New York City
7 Northern and Eastern
11 Southern and Western
*
V
2/
21,981
~~
5.02
4.78
5.05
5«33
23,690!
4.99
4.77
5.00
5.32
9,459
5.88
5.61
5.85
6.01
8.1
8.8
19.5
5.4
27.0 - ' 25.6..
11.2
10.5
19.3 ,
. 7.0 |
100.0
100.0
36,338
300,695
177,307
9,731
9,075
10,092
1,432
T
5.55
5.33
5.55
5.68
I
5.53
5.35
5.51
5.65
15.0
6.7
100.0.
274,445
5.86
5.60
5.87
5.98
18.1
7.6
14.0
3.6
17.2
7.9
14.2
4.1
16.4
17.4
7.9
19.1
. 5.0
Dollar amounts in thousands.
Based on reports by a sample of mainly large banks in 19 leading cities.
Federal Reserve Bulletin, March 1949, pp. 228-237.
Based on new loans and renewals for first 15 days of month.
2/
Percentage distribution of dollar amount by size -of loan
I$1,000-#10,OOP |Sl0,000-ih00,000 | '4^ 100,000-^200,OOP|^200,OOP and over
j Dec. j Sept.
Dec.
Sept.
Dec.
Sept.
Dec.
1962
1962
1962
1962
1962
44 1962 | 1962
11 . 0 . 5
0.8 I .0.4 J
2.1
0.8 I
0.7 I
.0-8 |
ll
1.4
8.1"
8.0
•1.5
26.1
21.5
56.3
0.8
8.0
0.95.1
4.3 '
3-9
'. . j 1.7
than 4-1/2%,
January 7, 1963.
1/
December 1-15 V 1962 and September 1-15* 19&2
Les
r e l e a s e
5. .28
5. .12
5. .23
5. .41
. 10,0
6:o
9.0
1.7
9.1 '
1.5
100.0
{212,031 |%496,761
r
1,747 j
5,21
j|
5.14
5.20
5.28
2,015
T
4.85
4.68
"4.92
5.10
For a description of the survey, see
-
4.82
4.65
4.87
5.12
@FedFRASER