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v

V FEDERAL

RESERVE

statistical

^

S

W

release

Table 1
BANK RATES ON SHORT-TERM BUSINESS LOANS—^
August 1976 and May 1976

Interest rate
(per cent per annum)
1976
Less than 7.00
7.00
7.01 - 7.49
.7.50
.
7.51 - 7.99

34.1
10.1
5.2
9.4
5.2
9.2
5.7
5.9
13.2

8,00

8.01 - 8.49
8.50
8.51 - 8.99
9.00 and, over

100.0

May
1976
47.2
4.0

12.8
3.3 .
7.5

2.8

September 17, 1976

Percentage distribution of dollar amount by size of loan
$1.000-$9.999
$10.000-$99.999
$100.000-6499.999
$500.000-$999.999
Aug.
May
Aug.
May
Aug.
May
Aug.
May
1976
1976
1976
1976
1976
1976
1976
1976
2.4
1.9
1.4

4.4
.7
8.3
1.7

2.8

li

7.1

8.0

4.6
2.4
4.5
10.9

100.0

8.7
5.5
11.8
46.4

8.3
7.2
7.6
53.1

1.0
4.4
4.3
. 8.5
10.1
10.8
10.1
5.8
8.4
36.4

1.0

5.8
2.4
11.4 .
.3.8
15.9
3.5
12.4
3.5
13.7
27.6

Total - Number of loans

'!:?
9.5
2.9

i:f

8.6

18.3

.100.0

100.0

100.0

,100.0

3,288,119

Total per cent
Total - Dollar amount*

20.4
4.9
18.0
3.9 ,

17.4
12.3
10.5
12.0
9.4
8.2

3,749,524

18,025

18,993

217,606

227,707

472,569

14,613

15,154

4,016

4,167

6,812

7,229

2,454

12.8

100.0

.6
29.1

.1$
6.4
4.7
3.4
15.5

36.4
2.9
21.1
5.4
8.1

1.0
7.7

1.0

7.4
9.1

$1,000.«000 and over
Aug.
1976
2.1
41.6
9.8
3.2
8.2
3.8
9.8
5.9
6.2
9.3

100.0
,

100.0

100.0

485,011

351,174

316,277

2,228,745

2,426

563

' 510

768

100.0

WEIGHTED AVERAGE RATES (per ceht per annuo)
7.80

* " Dollar amounts in

thousands.




6.99
7.79 -

8.85
, 9.41

7.70
7.95
7.75
8.15

June 1971 Bulletin.

7.44

7.48
8.18

New York City
. 7^0ther Northeast
8 North Central
7 Southeast
8 Southwest
4 West Coast

7.44
7.66
7.51
7.75

8.65
- 9.33
8.83
9.26

9.06

8.91
~

8.58

8.38

8.84
9.24

8.40
8.84

8.29
8.^58

8.39
9.20
8.75
9.14

,8.50
8.76
8.24
8.79

8,21
8.65
8.13
8.51

*

7.99
-

.

7.78

7.84

7.52

7.61

7.18

7.91
8.25

7.65
7.99

7.77
8.16

7.29
7.95

7.36o
7.98

7.85
8.00
7.80
8.28

7.62
7.84
7.71
8.00

7.71
7.85
7.61
8.06

7.46
7.20
' 7 .48
7.71

7.55
7.54
7.55
8.05

6.83
7.45
7.29
7.25
7.11
7.61

For description of revised series see

pp. 468-477 of the

BANK RATES ON REVOLVING CREDIT BUSINESS LOANS—'' •August 1976 and Mny

Percentage distr ibut ion>of. dollar amount by size of loan
$1,000-$9,999
$10,060- $99,999
$100,000-$1499,999 j $500,000- $999,999
Aug,
May
Aug.
May
Aug.
Aug,
May
1976
1976
1976
1976
1976
1976
1,976
1976

30.6
11.5
25.4
3.7
11.4
.5
5.7
1.8
4.7
4.8

.9
1.8
8.0
1.3
20.3
11.8
6.7
10.7
2.2
36.5
100.0

All

-23.7
11.8
12.0
5.0
6.6
8.1
2.2
14.5
15.9

•

,

2.9
3.7
14,2
4.6
8.8
5.8
6.1
1.6
7.7
44.5

Dollar amount*

Total - Number of loans

100.0 •

100.0

1,165,128

Total per cent
Total

September

May
1976

Interest rate
(per cent per annum)
Less than 7.00
7.00
7.01 : 7.49
7.50
7.51 - 7.99
8.00
8.01 - 8.49
A.50
8.51 - 8.99
9.00 and over

v

1976

814,272

553

758

1,200

1,386

114

159

•100.0

1.0
8.1
11.6
10.8
11.3
.
8.3-. 9.1 .
7.8
4.8
27.1

9.6
5.0
17.7
9.9
7.2
7.1
2.5
10.0
24.5

.6
14/,
11.8
15.7
10.8
8.3
8.4
5.4
7.6
16.6

»

17,0
12.4
26.2
4.7
13.1
1.8
6.5
1.4
5.2
11". 5

32.7
18.6
6.0
5.0
7.2
8.7
5.2
7.4
• 9.2

17/1976

$1,000,000 and over
Aug.
|
1
"1976
M76

34.6
14.8
18.6
2.4
10.8
1.7
8.0

24.1.
11.2
12.2
4.4
6.4

1.8
7.3

15.6
16Ji,

j
1
|
;

4.9
2.8

100.0

100.0

100.0

100.0

100.0

100.0

100.0

14,028

17,006

84,814

88,061

75,460

92,415

990,273

616,032

463

361

408

122

144

227

' 376

100.0

[

212

WEIGHTED AVERAGE RATES (per cent per annnm)
7.87

1/

8.70

9.23

8.33

7.42
7.78
7.48

7.25
8.00
8.94

8.92
9.19

8.26
8.22
9.03

7.48
7.81
7.73

New York City
7 Other Northeast
8 North Central
7 Southeast
8 Southwest
4 West Coast

7.36

8.14
7.59
7.96

35 centers

8.01
7.50
7.15

8.75
8.74
9.10

9.85
8.93
8.61

8.40
8.09
8.08

Beginning February 1971 the Quarterly Survey of Interest
June 1971 Bulletin.

* - Dollar amounts in

thousands.




. 8.12
'

8.02

7.59

7.80

7.35

7.88

7.32

7.73
7.84
8.69

7.70
-7.67
8.50

7.49
7.44
7.99

7.56
8.36
7.74

7.29
7.58
7.74

8.19
7.47
7.90

7.43
7.83
7.3':

8.95
8.23
7.84

8.16
8.20
7.95

' 8.35
7.67
7.39

7.47
7.91

8.13
7.23
7.14

7.13
7.80
7.68

Business Loans was revised.

For description of revised ser ios see

i
1
!

pp. 468-477 cr th.

7.69
7.48
7.12 .
.

•••

l&>

BANK RATES ON LONG-TERM BUSINESS LOANSAugust 1976 and May 1976

Interes t
e
(per cent per annum)

Aug.
1976

Less than 7.00
7.00
7.01 - 7.49
7.50
7.51 - 7.99
8.00
8.01. - 8.49
' 8.50 '
8.51 - 8.99 •
9.00 and over.

*

100.0

Total per cent
Total - Dollar amount*

17.0
2.6
11.6
5.1
4.2
12.2
4.1
10.2
33.0 .

•«

• «1
'

Total - Number of loans

May
1976
10.4
20.4 ,
9.0
2.3
14.2
2.6
9.1
.
2.3
6.4
23.2
100.0

Percentage distribution of dollar amount by si
$100.000-$499.999
$10,000- $99,999
$1,000-59,999
Aug.
May
Aug.
May
1976
1976
1976
' 1976
1976
- 1976
__

75.5

1.6
.3
7.9
7.0
11.1
1.2
10.4
2.4
4,8
53.5

100.0

100.0

1.0
1.2
.8
2.5
8.9
.8
9.1

521,414

523,119
650

•

4.1
6.2
9.2
8.3
18.5
4.5
46.1

3.5
1.1
8.5
4.6
11.6
4.9
11.0
1.4
10.3
43.1

~

15.2
,1.5
9.5
4.1
9.1
7.9
7.6
10.8
34.2

.

9.0
8.4
13.8
5.8
13.8
1.3
9.5
3.6
6.6
28.2

3.7
5.9
12.4
14.3
.3.5
6.9
3.5
25.6
24.2
. IOO.O

12.6
22.7

18.0
2.6
11:9
4.8
3.7
12.8
3.3
9.6
33.1

100.0

, 100.0

7.2

100.0

100.0

100.0

100.0

10,660

10,000

31,121

28,427

18,748

20,916

151

90

1 $ 1,ooo.000 and over
|
Aug. ' 1 May
1.97b
1976

. 3.3
23.7
2.9
27.7

756

483

622

.1
3.0

$500,000- 5999,999
May
Aug.
1976
1976

248

256

151

137

28

33

|

100.0
463,020 •

460,402
'

-105

11.2
22.4
8.1
2.0
13.8
2.7
9.2.
.2.4
6.0
22.5
'

,

73_

WEIGHTED AVERAGE RATES (per cent per annum)
35 centers

8.45

8.02

.9.61

8.52 •
8.62
8.05
8.88
8.42
8.67
.

New York City
7 Other Northeast
8 North Central
7 Southeast
8 Southwest
4 West Coast ,

7.65
7.35
8.59
8.03
7.89
8.23

—
9.4Q,
8.8 J
9.60
10.85
9.28

9.21
7.68
9.10
8.38
9.49
10.53
9.43

9.02

8.80

8.55

8.16

8.60

8.33

8.40

7.92

8..2(7
9.43
9.07
9-: 08
9.04
8.58

. 8.45
9.19
8.28
8.90
8.92
8.97

8.05
8.93
8.26
9.88
8.23,
8.81

"8.45
8.52
7.94
7.70
8.40
7.73

8/44
7.50
8.36
8.18.
8.69
10.00

8.51
8.10
9.08,
7.75
7.64
8.29

'8.56
8.70
7.92
8.06
8.30
8.46

7.76
6. 64
8:65
8.01
7.74
8.26

description of i
June 1971 Bulletin.
* - Dollar amounts in

thousands.




see

.

pp. 468-477