The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL .RESERVE statistical release H.3(502) For Immediate Rei- Table 1 JA~UARY AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND MONETARY BASE Adjusted for changes in reserve requiremenu 1 A~ of dailv fiaures Reserves o 'deoosotory onS1otutions required Period total2 non borrowed millions of dollars seasonally adjuS1ed 39,187 1980--DEC. 3 7,1497 38,719 Monetary base3 Reserves o ' dePOSitory onS1otutoons requoreo non borrowed millions of dollars not seesona ly adJUsted total~ !bill ions of dollars 158.2 39,657 18, 1982 Monetary base3 l billions of dollars 37,966 39,189 161.0 159.6 157.14 157.8 159.9 160.8 161.2 163.3 163.2 163.3 163.8 165.6 169.0 3q,182 38,9148 39,070 39,265 39,5142 39,351 39,609 39,883 140,615 40,266 140, :t64 1401803 37,787 37,645 38,070 37,928 37,3114 37,3114 37,930 38,463 39,158 39,086 39,601 140,166 38,872 38,672 38,821 39,138 39,367 39,102 39,359 39,681 140,290 140,077 40,005 140,4914 158.7 159.0 159.5 160.5 161.7 161.6 1~;>2. 7 163.14 164.0 163.9 164.7 166. 1 40,601 38,819 38,590 39,231 39,228 38,9614 39,5146 39,389 39,997 40,130 140,2411 141,247 39,207 37,516 37,590 37,894 37,000 36,927 37,867 37,970 38,5141 38,94 9 39,583 140,611 40,291 38,51414 38,3142 39,1014 39,053 38,715 39,296 39,167 39,673 39,9141 39,987 lt0,939 2 9 16 23 p 30 p 140,667 40,090 141,0146 140,972 lt1,089 140,350 3 9, 4 72 140,6148 140,3 51 40,206 40,358 JS, 986 140,926 140,597 140,617 HiS. 2 164.7 166.0 166.4 167.3 140,852 40,039 141,509 "1 ,1480 141,920 40,535 39,421 41,111 40,659 141,037 lt0,5143 39,835 141,389 41,105 41,14'18 166.6 167.14 168.8 169.9 170.14 6 p 41,167 39,713 40,1423 167.5 42,319 140,865 41,575 170.3 1981--Jlli. .fEB. lllB. APR. lilY JUliE JULY AUG. SEPT. OC'I. IIOV. DEC. IIEEK ENDING: -----------1981--DEC. 1982--Jlll. P 1/ - .i?liHIIIINlRY !i£SEBVE AGGREGA'IES 2/ 3/ 14/ INCLUDE REQUIRED RESERVES OF IIEIIBE~ BANKS AND ~DGE ACT CORPORATIONS AND OTHER DEPOSITORY INS1I'IUTIOHS. DISCONTINUiliES ASSOCIA'IED WITH THE IIIPLE~EHTATION OP 'IHE IIOHETARY CONTROL AC'I, THE INCLUSiON OF EDGE ACT CORPORATION RESERVES, AND OTHER CHANGES IN REGULA'IION D HAVE BEEH REIIOVED. BEGINNING WI~H THE WEEK EIIUED DECEIIBER 23, 1981, RESERVES AGGREGATES HAVE bEEN REDUCED Br SHIF'IS OP RESERVAELE LIABILITIES TO IIITEBNATIONAL BANKIN~ FACILITIES (IBFS). AN ESTIIIA'IE OP 'IHE SIZE OF THIS IIIPACT IIILL BE PUBLISHED IIHEN AVAILABLE ON THE HASIS OF REPORTS OF LIABILITIES TRANSFERRED TO IBFS Br U.S. COIIIIERCIAL BANK~ AND U.S. AGENCIES AND BRANCHES OF FOREIGN BANKS. RESERVE BALANCES WI'IH FEDERAL RESERVE BANKS (WHICH EXCLUDE REQUIRED CLEARING BALANCES) PLUS VAULT CASH AT INSTITU'IIONS IIITH REQUIRED RESERVE BALANCES PLUS VAULT CASH !QUA~ TO REQUIRED RESERVES A'I OTHER INS'II'IUTIONS. INCLUDES RESERVE bALANCES AJiD BEQUIRED CLEARING BALANCES AT FEDERAL RESERVE BANKS IN THE CURiENT WEEK PLUS VAUL1 CASH HELD TWO WEEKS EARLIER USED 'IO SATISFY RESERVE REQUIREIIENTS A~ ALL DEPOSITORY INSXITUTIONS PLUS CURREJiCY OUTSIDE THE U.S. 'IREASURr, FEDERAL RESERVE BANKS, THE VAUL'IS Of DEPOSITOBY IJiSTIIU'IIONS, AND SURPLUS VAUL1 CASH AI DEPOSIIORr INSTliUliOHS. RESERVE IIBASURES PROII NOVEIIBER 1980 TO DATE REFLEC'I A ONE-TIIlE IJiCREASE -- ES'IIIIATED AT S~SO TO $600 lllLLION -- IN REQUIRED RESERVES ASSOCIAlED IIITH THE BEDUCTION OF IIEEK-END AYOIDAHCE ACTIVIliES OF A FEll LUG£ fAIIKS. BOTE: HIS10RICAL DATA ARE AVAILABLE FROII !HE BARKING SECTION, DIVIS!OJi OP RESEARCH AND GOVEBNORS OF THE F£DERAL RESERVE SYSTE!, IIASHINGTOH, D.C. 20551. STATI~TICS, BOARD OF H.3 Table 2 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS Not adjusted for changes in reserve requirements A11erage o f d a1'I y f 1gures, not seasonally adjusted Reserves of depository institutionsl total2 Period nonborrowed required I Monetary bne3 millions of dollan 1980--DEC. '10,61'1 38,924 '10, 1'16 162." 1981--Jlll. FEB. liAR. APR. lilY JOBE JOLY AUG. SEPT. OCT. BOY. DEC. '11,535 39,75'1 J9,693 '10,291 '10,'133 '10,353 "o, 917 '10,933 '10,501 '10,622 '10,863 '11,909 '10, U1 38,'150 38,69'1 38,953 38,205 38,316 39,238 39,51'1 39. 0'15 39,'1'12 '10,200 '11,273 '11,226 39,'178 39,'1'15 '10, 16'1 '10,258 '10,10'1 '10,667 '10. 731 '10, 177 '10,'133 '10,60'1 '11,601 161.0 158.8 159.5 161.6 162.6 163.3 165.'1 165.'1 163.9 16'1.3 166.3 169.8 23 p 30 p '11,5'12 '10,767 '12,237 '12,096 '12,503 '11,225 '10,1'19 '11,839 '11,'175 '11,620 "1, 233 '10,563 '12,117 '11,721 '12,031 167.'1 168.2 169.7 170.7 171.1 6 p '12,889 '11,'135 '12,1'15 171.0 IIEEK EJIDIIIG: ------~---- 1981--DEC. 1982--Jlll. 1/ 2/ 3/ I 2 9 16 RESERVES OF DEPOSITORY IHSTITUTIOIIS SERIES iEFLECl ACTUAL RtSERVE REQUIREIIEIIT PERCENTAGES IIITH NO ADJUSTIIEII1S TO ELIIIIIIATE THE EFFECT OF CHAIIGES Ih REGULATION D, lHCLUDIIIG CHAIIGES ASSOCIATED IIIiH THE :ftPLEIIEIIiA'l:lCII OF iHE IIOIIE'URY CONTROL ACT. IIICLUDES REQUIR!.D RESERVES CF ll.eiiBEB BliiKS liiD EDGE ACT CORPORAHOHS AIID, BEGINNING HOVEIIBER 13, 1980, OTHER DEPOSilORl IIISTITUTIONS. UNDER THE TRANSITIONAL PHASE-IN FBCGRAII OF THE IIOIIETARY CONTROL ACT OF 1980, THE ME~ CHAIIGES Ill BEQUlRED ~ESERVES OF DErOSITORI IIISiiTUTlGIIS HAVE BEEN AS FOLLOWS: EFFECXIVE NOYEIIBEB 13, 1980, A EEDUCTIOII OF $2.8 BILLION; FEbfUARI 12, 1981, All INCREASE OF S2'15 IIILLIOII; !lARCH 12, 1981, All INCREASE OF S75 IIILLION; IIAI 1'1, 1981, All INCREASE OF S2'15 IIILLIOII; AUGUS~ 13, 1981, AN INCREASE OF S2'15 II!LL!ON; SEPTEKBER 3, 1981, A REDUCTION OF S1.3 BILLION; AIID NOVEIIBER 19, 1981, AN INCREASE OF S220 lllLLION. BEGllllllNG III!H THE WEEK ENDED DELEftBER 23, 1981, R!.SERVES AGGREGATES HAVE BEEN REDUCED BY SHIFTS OF RESERVABLE L!ABILITIES TO INTERNATIONAL BANKING FACILITIES (IBFS), AN ESTIIIATE OF THE SIZE OF THIS IIIPAC1 IIILL BE PUBLISHED IIHEN AVAILABLE ON THE bASIS OF iEPOETS OF LIABILITIES TRANSFERRED TO IBFS BY U.S. COIIIIERClAL BANKS AND U.S. AGENCIES AND BRANCHES OF FOREIGN BANKS. RESERVE BALANCES IIIiH FEDERAL RESERVE BANKS (IIHICH EICLUDE REQUIRED CLEARlN~ bALANCES) PLUS VAULT CASH AT liiSTiiUTIONS WITH REQUIRED RESERVE BALANCES PLUS VAULT CASH EUUAL TO RiQUIRED RESERVES AT OTHER INSTITUTIONS, INCLUDES RES~VE BALANCES AND REQUIRED CLEARING BALANCES Al FEDERAL RESERVE BANKS lN ThE CURRENT ~EEK PLUS VAULT CASH HELD 7110 IIEEKS EARLIER USED TO SA1ISFI EESERVE REQUIREIIEhTS Ai ALL ~EPOSITORY IIISTlTUTIOIIS PLUS CURRENCY OUTSIDE THE U.S. TREAS.ORI, FEDERAL RES£BYE BAIIKS, THE VAULTS OF DEPOSI:'CRY INSTilUTIONS, AIID SURPLUS VAULT CASH AT DEPOSITOR! INSTITUTIONS.