View original document

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

* 0 f GOl^

FEDERALgESERVE statistical release
N

5r
H.3(502^
Table 1

y

V

*

<yU

'

For Immediate Release

^

AGGREGATE TIESER, ^ O F &B*>OSrTORY
INSTITUTIONS AND MONETARY BASE
1
Adjusted for changes in r

fv'

1982

Reserves of depository institutions
total*
non borrowed
required
millions of dollars
seasonal 1/ adjusted

~ Monetary base3

billions of dollars

Reserves of depository Institutions
non borrowed
total?
required
millions of dollars
not seasonally adjusted

Monetary base3
billions of dollars

39,237
39,410
39,627
39,619
39,727
39,810
40,312
40,118
40,750
40,527

38,238
38,073
37,399
37,582
38,048
38*390
38,855
38,937
39,487
39,891

38,957
39,241
39.330
39,281
39,387
39,518
39,898
39,840
39,805
40,208

159.6
160.8
161.4
361.7
162.5
962.9
163.7
163. 8
164.3
165.8

38,622
39,273
33,310
39,053
39,636
39,479
40,087
40,219
-40,332
41,263

37,622
37,935
37,083
37,016
37.957
38,060
38,630
39,038
39,669
40,626

38,342
39,104
39,053
38,7T5
39,296
39,187
39,673
39,941
39.967
40,943

.157,. 8
159.9
160.8
161.2
163.3
163.2
163.3
163.8
165.6
168.9

P

41,277
40,927
41,088

39,759
39,137
39,533

40,859
40,623
40,733

167.4
167.9
168.4

42,696
40,735
40,531

41,178
38.946
38,976

42,278
40,432
40,177

168.5
166.. 1
166.5

P
P
P

40,977
40,737
41,269
41,176
41,214

39,415
39,290
39,805
39,524
39,561

40,464
40.430
40,932
40,915
40,770

168.0
167.6
168.5
168.6
169.0

40,447
39,897
40,773
40,676
40,815

38,885
38.450
39,309
39.022
39,162

39.934
39,590
40,436
40,413
40,371

165„4
166.5
167.2
166.6
166.3

7 P

40,821

39,342

40.495

168.7

39,983

38.504

39,657

167.6

1981—MAE.
APB.

MAI
JUNE
JULY
AUG.
SEPT.
OCTNOV.
DEC,
1982—JAN.
.FEB.
MAB.
HEEK

APBIL 1 2 ,

-equ^tnents

ENDING:

1982—MAB.

3

10
17
24
31
1982—APB.

- PEELIMINARY
/ BESEBVE AGGEEGATES INCLUDE BEQUIBED BESEBVES OF MEMBEB BANKS AND EDGE ACT CORPORATIONS AND 02HEB DEPOSITORY
INSTITUTIONS. DISCONTINUITIES ASSOCIATED HITH THE IMPLEMENTATION OF THE MONEIABY CONTBOL ACT, THE INCIUSION
OF EDGE ACT COBPOBATION BESEBVES, AND OTHEfi CHANG2S IN BEGULASION D HAVE BEEN BEHOVED. BEGINNING H U H THE
MEEK ENDED DECEKBEfi 23, 1S81, BESEBVES AGGEEGATES HAVE BEEU REDUCED BY SHIFTS OF RESERVABIE LIABILITIES TO
INTERNATIONAL BANKING FACILITIES (IBFS) . ON THE BASIS OF EEPOBTS OF LIABILITIES IBANSFEBBED TO IBFS BY U^S.
COMMERCIAL BANKS AND U.S. AGENCIES AND BBANCHES OF FOBEIGN BANKS, IT IS ESTIMATED THAT REQUIRED BESEBVES HERE
LOHEBED ON AVERAGE BY $10 TO $20 MILLION IN DECEMBEE 1981 AND $40 TO $70 MILLION IN JANUARY 1982.
/ RESERVE BALANCES HITH FEDERAL RESERVE BANKS (HHICH EXCLUDE BEQUIBED CLBABING BALANCES) PLUS VAULT CASH AT
INSTITUTIONS H U H BEQUIBED BESEBVE BALANCES PLUS VAULT CASH EQUAL TO BEQUIBED BESEBVES AT OTHEB INSTITUTIONS.
/ INCLUDES .RESERVE BALANCES AND BEQUIBED CLEABING BALANCES AT FEIBBAL BESEBVE BANKS IN THE CURRENT WEEK PLUS
VAULT CASH HELD THO WEEKS EABLIEB USED TO SATISFY BESEBVE BEQUIBEMENTS AT ALL DEPOSITOBY INSTITUTIONS PLUS
CURRENCY OUTSIDE THE U.S. TREASURY. FEDEEAL BESEBVE BANKS, THE VAULTS CF DEPOSITOBY INSTITUTIONS. AND
SURPLUS VAULT CASH AT DEPOSITOBY INSTITUTIONS.
TE; HISTORICAL DATA ABE AVAILABLE FBOM THE BANKING SECTION, DIVISION OF BESEABCH AND STATISTICS, BOARD CF
YERNOBS CF THE FEDEBAL BESEBVE SYSTEM, WASHINGTON, D.C. 20558.




H3
Table 2

AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS
Not adjusted for changes in reserve requirements
Average of daily figures, not seasonally adjusted
Reserves of depository institutions1
total?

Period

nonborrowed

required

Monetary
base3

millions of dollars

1981—MIR,
APR.
HAY
JUNE
JULY
AUG.
SEPT.
OCT,
NOV.
DEC.

39,725
40,333
40,516
40,442
41,007
41,023
40,591
40,711
40,943
41,924

38,726
38,995
38,288
38,405
39,328
39,604
35,134
39,531
40,285
41,287

1 9 8 2 — JAN,
-FEB,
MAR.

P

43,203
41,286
39,234

3
10
17 P
24 P
31 P

,

39,445
40,164
40,258
40,104
40,667
40,731
40,177
40,433
40,604
41,604

159.5
161.6
162.6
(163.3
165.4
465.4
163.9
164.3
166.3
169.7

41,685
39,496
37,679

42,784
40,982
38,879

169.1
166.8
965.4

41,055
38,463
39,274
39.128
39,290

39,493
37,016
37,810
37,474
37,637

40,542
38,156
38,937
38,865
38,846

166.2
165.3
165.9
165.2
165.0

38,495

37,014

38,169

166.4

WEEK ENDING:
1982—MAR.

APR.

V

V

7 P

RESERVES OF DEPOSITORY INSTIT0TI0NS SERIES REFLECT ACTUAL RESERVE REQUIREMENT PERCENTAGES BIIH NO ADJUSTMENTS TO ELIMINATE THE BFFECT OF CHANGES IN REGULATION D, INCLUDING CHANGES ASSOCIATED WITH THE IMPLEMENTATION OF THE MONETARY CONTROL ACT. INCLUDES REQUIRED RESERVES OE MEMBER. BANKS AND EDGE ACT CORPORATIONS
AND, BEGINNING NOVEMBER 13, 1980, OTHER DEPOSITORY INSTITUTIONS. UNDER THE IRANSIi'lGNAL PHASE-IN PROGRAM

HECK ENDED DECEMBER 23, 1981, RESERVE AGGREGATES HAVE BEEN REDUCED BY SHIFTS OF RESERVABLE LIABILITIES 10
INTERNATIONAL BANKING FACILITIES (IBFS) . ON THE BASIS OF REPORTS OF LIABILITIES TRANSFERRED TO IBIS
BY U.S. COMMERCIAL BANKS AND U.S. AGENCIES AND BRANCHES OF FOREIGN BANKS, IT IS ESTIMATED THAI REQUIRED
RESERVES WERE LOWERED ON AVERAGE BY $60 TO $90 MILLION IN DECEMBER 1981 AND $180 TO $230 7N JANUARY 1932
'
MOSTLY REFLECTING A REDUCTION IN RESERVABLE EUROCURRENCY TRANSACTIONS.
RESERVE BALANCES KITH FEDERAL RESERVE BANKS (KHICfa EXCLUDE REQUIRED CLEARING BALANCES) PLUS VAULT CASH AT
INSTI1UIIOHS BIIH REQUIRED RESERVE BALANCES PLUS VAULT CASH EQUAL TO REQUIRED RESERVES AT OTHER INSTITUTIONS
INCLUDES RESERVE BALANCES AND REQUIRED CLEARING BALANCES AT FEDERAL RESERVE BANKS IN THE CURRENT kEEX PLUS "
VAUU CASH HELD TWO *SEKS EARLIER USED TO SATISFY RESERVE REQUIREMENTS AT ALL DEPOSITORY INSTITUTIONS PLUS
12
THE U S
iltlfn?™
™*
- *«*SUfir,
M D M A l RESERVE BANKS, THE VAULTS OF DEPOSITORY -iw.ix.iu.nuiu>,
INSTITUII^S, AMJ;
III
SURPLUS VAULT
CASH AT 'DEPOSITORY
INSTITUTIONS.