View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

m
.a

FEDERAL

RESERVE

statistical

release
CORRECTED COPY

BANK RATES ON SHORT-TERM BUSINESS LOANS—
N o v e m b e r 1976 a n d A u g u s t 1976

Interest rate
( p e r c e n t p e r annum)

Less
6.50
6.51
7.00
7.01
7.50
7.51
a.oo
8.01
8.50

than 6.50

-

7.49

-

7.99

- 8.49
and o v e r
Total

Total

- Dollar

per cent
amount*

T o t a l - Number of

Nov.
1976
1.4
37.6
12.6
5.6
8.7
5.6
5.4
3.5
3.8
15.8

- 6.99

loans

P e r c e n t a g e d i s t r i b u t i o n ol
$10,000- $99,999
S1.000- $9,999
Aug.
Nov.
Nov.
Aug.
1976
1976
1976
1976

All
Aug.
1976
•8,
.6
.4
34.1
10.1
5.2
9.4
5.2
9.2
24.8

.5
1.9
1.3
2.1
5.9
4.2
6.0
8.5
7.3
62.6

1.0
.8
.6
1.9
1.4
2.8
7.1
8.0
8.3
67.9

100.0

100 f 0

.8
3.5
5.1
7.3
8.1
8.6
9.9
7.9
8.2
40.6

.8
.1
.1
4.4
4.3
8.5
10.1
10.8
10.1
50.6

New Y o r k C i t y
7 Other Northeast
8 North C e n t r a l
7 Southeast
8 Southwest
4 West C o a s t
1/

thousands.




.

.3
17.4 ,
12.3
10.5
12.0
9.4
8.2
29.2

!

.«
25.5
13,7
11.9
10.2
8.8
4.3
4.4
4.0
16.4

!

29.1
13.3
9.:
12.S
4.:
6.4
23.6

• '
:
!

100.0

100.0

100.0

100.0

100.0

100.0

100.0

1 100.0

18,929

18.025

228,962

217,606

496,391

472,569

371,164

351,174

fe,480,480

15.335

14.613

4.312

.4.016

.7,099

2,491

2,454

593

563

-7.28

7.80

6.88
7.62
7.28
7.51
7.33
7.52

7.48
8.18
7,70
7.95
7.75
8.15

,

'

1976

1.6
47.6
13.5
3.7
7.9
4.3
4.6
2.6
2.9
11.5

3.288,119

6,812 "

and o v e r

1976

100.0

,8
.4
41.6
9.8
3.2
8.2
3.8
9:8
21.4
1

100.0
2,226,745

840

768

p e r annum)

8.83

9.06

8.18

8.58

7.66

7.99

8.56
9.22
8.45
9.13
8.51
8.69

8.85
9,41
8.65
9.33
8.83
9.26

7.94
8.34
8.12
8.48
7.82
8.46

8.40
8.84
8.50
8.76
8.24
8.79

7.43
7 .88
7.69
7.71
7.39
7.88

7_. 9 1
8.15
7.85
8.00
7.80
8,28

B e g i n n i n g F e b r u a r y 1 9 7 1 t h e Q u a r t e r l y S u r v e y o f I n t e r e s t R a t e s on B u s i n e s s L o a n s w a s r e v i s e d .
June 1971 B u l l e t i n .

* - D o l l a r amounts In

.7

1.0
14 . 1
10.. 2
10.0
11.7
8.5
7.9
5.4
6.3
24.6

1977

$1,000,000

3,595,926

WEIGHTED AVERAGE RATES ( p e r c e n t
35 c e n t e r g

January 4,

d o l l a r a m o u n t by s i z e o f l o a n
$100.000-$499.999
$500,000- S999,999
NOV.
;
Aug.
1976
"1976
1976
!
1976

-

For d e s c r i p t i o n " o f

7.31 „
7.24
~ 7.49
7.36
7.04
7.21
7.44
revised

series

7.S4

7.02

7.77
8.16
7.71
7.S5
7.61
8.06

6.74
7.'34
7 .03
7.07
7.12
7.34

see

pp.

3-477

1

:

7.61
7.36
7.98
. 7.55
.7.54
7.55
8.05

,

'V-

Table

2

RANK RATES ON REVOLVING CREDIT BUSINESS LOANS
N o v emb er 1 9 7 6 and A u g u s t 1 9 7 b
>
P e r c e n t a-Q"
ge d
" 1i s t r i b u t e. ev i L , o l . a o l l ,i
$ 1.000-$9.999
1VQ.i0"0-$99,999
| $100.000
-122iL_

_.J9.7.6_

IR. 5
21.2
7.4
19.0
' 4. 3
5.7
v
1.1
9

-

l.l'n I I

'{ hi 11

|;ni i|" > of

12.0
5.0
6.6
8.1
32.6

a

100.0

941,212
lonns

1976

.9

100.0

Ifit 3 I

^ 1 2 2 (x_

3.1
3.1
21.0
* 8.2
10.1
12.2
3.7'
38.5
100.0

1,200

.2
2.3
6 .6
8.1
10.5
11.0
10.8
5.9
6.7
37.8

144

553
114

Bullethi
Ml*»

tn

1 9 7 1

tHe

°

U a r C e r l y

'

16,323

100,0

thousands.




100 . 0 .

.14,028

408

7ft,MS

8.37

8.70

8.14

8.33

7.23
8.15
8.52

7.25
8.00
8:94

7.86
8.20
8.95

7.05
7.45
7.11

7.48
7.81
7.73

8.26
8.22
9.03

7.21
7.2h
8.05

8.31
8.19
c 8.7/

8.75
. 8.74
9.10

8.09
7.96
7.85 "

8.40
8.09
8.08

7 .56
7.74
7.58

P*tes

on ' B u s i n e s s ' l o a h s w a s ' r e v i s e d

description

100.0

766,728

990,27 3

*«m 1»>*

I
1

;
1
""

1

'

1

••

227

.....

.7.88
8.19™

7.74

7.19
6.7 5
7.39

7 .4 7
7.91

6.83
7.39
7.01

7.13
7.80
7.68

*<•<•

|

"{

24. 1
11.2
12.2

100 ;0

7 ^ , 4 Ml

I «>v<

1976

!:

'

100.0

•••••!

of

1

6.4
H. 1
n.7

7. mo

For

]

7 .5

.n»nnm)

7.87

Interest

8 V ,

v>'n
72.\ r o
._20./
•
3.1
5.1

122
per

8.14
7.59
7.96

of

Nov,
,...197()

» . 7
; i. 8

376
cent

7.19

=y

? 1,000,000
Auv..

h.o,

7.18
6.92
7.54

Suvv

<^00,01)0
I'KCi

8.1.
11.6
10.8
11.3
8.3
9.1
39.7

WEIGHT?,D AVERAGE RATES ( p e r

'I i m i IImi i hii n n |
/ l | I ll I kill I |i" \
111 llh ri h I
.'
I V11 III!h n I

..19/0

1.0

100.0

672

,165,128

1,228

1.8
8.0
1.3
20.3
11.8
6.7
49.4

A u R.
J.9L6_.

_J97(v

|>p. ' * 6 8 - 4 7 7 o f

|

7.47
7.90

the

\

CORRECTED COPY

Table 3
BANK RATES ON LONG-TERM BUSINESS LOANS—
November 1976 a n d A u g u s t 1976

ipiU

per

5.9
18.2
16 .1
9.3
4.3
9.5
3.2
2.2
24.5

a1 p e r c e n t

aim(

DoTFnr a m o u n t *
* Number a t

1976

6.8

thmt >>.30
fi Ml
f>,<!9
fi M
Z, ',10
Z ,01
Z .49
Z, Mt
z.yy
l,M
H,l)0
A,111
R.49
R-'»0 it ml o v e r

lot aI

P e r c e n t a g e d i s t r i b u t i o n o f d o l l a r amount by s
$1.000-$9.999
$10.000-$99.999
$100.000-$499t9VS
Aug.
1976
1976 .
1976
1976
1976
1976

annum)
197&

loans

17.0
2.6
11.6
5.1
4.2
12.2
47.3 '

January. 4 ,

1.3 •
2.0
5.6
5.1

"

84.6

1.4
1.3
5.3
1.4
6.0
3.8
9:2
7.5
64.1

100.0

100.0

1.0
1.2
.8
2.5
8.9

5.8
4.5
70.5

.8

3.0

%

4.1
6.2
9.2
8.3 •
69.1

100.0

$500>000-$999.999
Aug.
1*76
1976

2.0
1.4
8.0
7.2
5.0
14.4
11.9
10.9
5.0
34.4

15.2
1,5
9.5
4.1
9.1
7.9
52.6

9.3
6.6

3.7
5.9
12.4
14.3

.37.5

53.3

100.0

100.0

100.0

100.0

100.0

383,318

521,414

603

483

10,353

10,660

36,350

31,121

21,779

-18,748

661*

622

124

90

265

248

162

151

30

28

100.0

--

$ 1 , 0 0 0 , 0 0 0 and o v e r
Nov.
1 Aug.
1976
I 1976 "

-

100.0

1977

7.5
7 .0
20.5
18.6
1.0.4
2.7
9.5
1.7
.9
21.0
100.0
3 1 4 , 2 33

WEIGHTED AVERAGE RATES ( p e r c e n t „ p e r annom)

N*v York C i t y
1 (H.her N o r t h e a s t
8 H'nrth C e n t * a 1
1 Smitheeet
A ftmthvast
'« W i l t C o a s t
y

7.43

8.45

9.39

9.61

8.88

9.02

8.14

8.55

7.36
6.64
7.66
7.59
7.73
1.04

8.52
8.62
8.05
8.88
8.42
8.67

7.19
9.22
9.20
9.87
10.54
8.701

—
9.40
8.83
9.60
10.85
9.28

8.55
8.84
9.03
9.35
9.05
*.5'.

8i27
9.43
9.07
9.08
9.04
8.58

7.93
7.95
8.35
7.93
8.28
R.31

8\0S
8.93
8.26
9.88
8.23
8.81

l i ^ S l n n l n n F e b r u a r y 1971 t h e Q u a r t e r l y S u r v e y qf I n t e r e s t
1971 B u l U t l n ,

* " t'"Vlar

amount* i n

thouaan.ua.




Rate# rn B u s i n e s s Loans

revised.

B . 13
7.92

7.78

F o r d e s c r i p t i o n of r o v i a e d

8.60
8.44
7.50
9.36
8.18
8.69
10.00
s e r i e s see

7.24
7.26
5.73
7.32
7.79
. 7 .20
R.03
p p . 4 6 8 - 4 7 7 of

the