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 (8021 TMIIe1 UBCJI S, 1987 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE Ad)uated tor~ I n - NCiul-'•' A-.e of .-.ly llguiM. - ' 1 Y lllljuated unleN noled OIMfwiM Mlllloneofdol'Date 198o total" , . . _ . of c1epoe1to1y lnetttutlon• NqUifed nonborrowed plua -Ilion owed extended CIMit' 36 56 68 13 91l 108 116 144 137 99 70 38 55,572 1,070 242,038 580 34 225 5o,508 55,980 55,953 !>5,23.5 845 1,206 241,248 2162,1l75 .505 689 28 36 215 227 5o,701 55,961 SS,.jJl 55,2511 1,1689 1,088 2163,0112 2113,318 425 680 56 81 265 299 46,265 46,78& lt7,192 lt8,553 49,35:.! 50,483 5 1,.j18 51,809 5:.!,1t01 53,82J 55,638 46,5U 46,93/f 411,261 49,079 511,121 50,911 51,371 52,056 53,489 55,11/f 5o,6'6J so,Oo3 56,288 14 28 56,798 50,442 56,293 ss, 753 11 p 56,860 56,342 56,'636 55,&62 IOV. DEC. 1987--JAIL. p c-.- lf91 110 884 761 893 a7& 8113 7111 872 1,008 841 752 827 44,771 45,212 45,968 416,474 ll7,7J9 lt8,511t 49,579 50,579 51,083 51,&55 52,845 541,269 OCL _. homtheFecfeqi....._NSA extended 218,UO .<!19,5117 221,236 222,260 224,81>7 226,51..! 228,352 230,599 231,691 233,461 236,067 238,81l/6 45,509 JAIL. I'.BB. Ill B. APB. Ill I JUliE JULI AUG. SEPT. 10181 NSA• 1,011 992 818 718 8111 838 904 740 726 71i6 978 1,369 4!>,012 45,381 lf6,025 46,300 47,617 ltll,549 49,742 50,446 50,801 51,559 53,071 54,811 4~. 782 - .,_.nge of depoeltoty lnetltutlone Monetetr . . . . ~t5,87l lf92 518 634 5811 531 318 465 570 1&97 418 303 1'110 IIEEKS IUID~IIIO --------1987-JAII. fBB. 25 PI P---PBBLIIliiABI PB--Pa&LlaiiAII BSTIIATB 1/ BBSBBVBS AID llOIBTABI BASI PIGUBBS IICOBPOa&rB ADJUSriBITS POl DISCOiriiUITIBS ASSOCIATBD IIrl TBB I&PLB8BirAriOI GP rBB IOI&rAII COITBOL ACT AID OTBBB RBGULATOBI CHAIGBS TO BBSBBfB BBQOIBBIBITS. TO ADJUST POB DISCOITIIUI~IIS DUB TO CRAIGBS II BBSBBVB BBQUIBBRBITS 01 BBSBBVABLB IOIDBPOSI! LIABILITIBS, TBB SUB OP SUCH RBQUIB&D BESEBfBS ARB SUBTRACTED 1'808 TRB ACTUAL SBBIIS•. SIIILABLI, II ADJUSTIIG POB DISCOI~IIUI!XIS II THB IOIBrARI BASI, BBQUIBBD CLEARING BALAICBS AID ADJUS~IBI~S TO COBPBISA~B ~· PLOAT AlSO liB SUBTIACTBD PBOI TBB ACTUAL SBIIBS. 2/ :tOTAL BBSEIVBS lOT ADJOS~ED ~B DZSCOITIIUITIBS COISISTS OP BBSBIWB B&LAICBS WirB"PBDEBAL IIS&BWB 8AI&S (IBICB BICLUDI BIQUIBBD CLIABIIG BALAICBS AID ADJUSTBBITS TO COIPBISATB POl P~&T) PLUS VAULT CAS8 USED TO SATISPI BBSBIWB IIQOIBBBBI!S. SUCH VAULT CASH COISISTS OP~LL VAULT ClSB BILD DUBIIG IHB LAGGBD COIPUTATIOI PERIOD Bl ~ISTITOT~OIS BAfiiG IBQUIBBD BBSBBJB BAL&IC&s AT PEDBBAL BBSBBWB BAlKS PLUS THB AIOUIT OP fAULT CASH &QUAL 10 IIQOIIBD IBSBRVBS DUBIIG TBB IAIITBIAICB PBBIOD &r IISTITUTIOIS HAVIIG 10 BBQUIBBD IBSBBVB 8ALAICBS. l~ BITBIDBD CREDIT COISISTS OP 801101IIG AT Ta& DISCOUIT 111001 OID&I ~HB TEBBS AID COIDITZOIS BSTABLISB&D FOB THB BZ!BIDBD CBBD17 PIOGI&B TO BBLP DBPOSITOII IISTI~UTIOIS DB&L 11~8 SUST&IIBD LIQUIDITI PBBSSUIBS. BBCAUSB TBBBB IS lOT TRB SAKI IBBD ro BBP&f SUCH 80BBOIIIIG PIOift.Lr AS lffiBE IS I.ITII TIIAD1Tl:OIAL SHOBT-TBBI ADJOSIUft CIBDU', TBB lOlBI BAIUT IIPACT OP Blr&IDED CBIDU l:S SIBILAI TO TlllT OP IOIBOUOIED BISBBYBS. 4/ BBSBBVB BALAICBS 11~8 I'BDEBAL BBSBBWB BAlKS PLUS W&ULT CASB USID TO S&riSPI BBSBIWB IBQUIB&aBrfS LBSS IBQUIIBD IBSBBfBS•. 5/ TBB BOIBTARI BAS& lOT ADJUSTED FOB DISCOITIIULTIBS COISISTS OP TOTAL BBSBIVIS PLUS IBQOIBBD CLBAIIJG B&LAICBS AID lDJUSTBBITS TO COIPBBSATB PO& PLO&T AT PBDEBAL IBSBBVB BAlKS PLUS TBB CUIIBICI COIPOIEIT OP TBB lOlBI STOCK LBSS 188 AIOOIT OF V&ULT CASH BOLDIIGS OP rBBIFT IISTITDriOIS TB&T IS IICLUDED II TBE CUIBEICI COIPOIBIT OP TRB lOlBI STOCK PLUS, POl IISTITUTIOIS lOT BlfiiG BBQUIBID IBSBR'! BALAICBS. THE BICKSS or CUIBBIT VAULT CASH OVBB TBB ABOUIT lPPLIBD ro SATISPI CUBBBIT IBSBIVB IBQUIBBBBITS. &FTBR TBB IU'IIODUCTIOII OF CBB, CURBBICI AID UULT CASH PlGUBBS AU BBASUIID OVJ!Il TBB ftOIDAI-BIDIIG COIIPOTATIOI PIIRIOD. PIIIIR TO CRR, ALL COIPOIBIT~ Of THE BOIIBTABI BASB OTHER THAI IICBSS BBSBIVBS ABE SEASOIALLI ADJUSTED 45 A IIHOLB, BATBBB TBAI 81 COBPOIENT, AID BIC£SS BESBRVES ~S ADDED 01 A JOT SBASOIALLI ADJOSTBD BASIS. APTER CBB, TBB SB&SOIALLI AD~USTED SBBIBS CONSI~!ES OF SBASONALL! ADJU!iTilD TOTAL HESERVBS (IIBXCH INCLUDES BXCISS IBSBBVIS 01 A lOT SBASOI&LLI ADJUSTED BASIS) PLOS TBB SEASOIALLI ADJUSTED CURBBICI COftPOIKIT 01' THB BON£1 STOCI PLUS THB IBBlllliG ITBBS SEASOIALLI ADJUSTBD AS A IBOLE. IOTB: HISTOBXCAL DATA ABE AVAILABLE FROB THE BAHKIHG SECTION, DlYISIOI or IBSEABCH AID STATISTICS, BOARD OF GOYEBNOBS or THB FKDERAL RBSKRVE SISTBft. IASHINGTON, D.c. 20SS1 H.3(M21 Table 2 AOOREOATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE Not;;.djuste.d for(changes in rel!!rve req_ul~emen_!~} , Amages of dally ligures, _FlO! seasonal~~ adjusted . Millions of dollars Monetary base•. Date total 1986-J.lll. PEB." II.& B. APB. non bOrrowed Reserve with F.R. required 47,960 46,547 117,195 48,799 48,396 49,845 !l1 ,o..u 51,277 53,189 !l4,623 56,399 59,560 47,190 45,664 46,1135 117,906 47,520 49,042 50,282 50,1105 52,180 53,782 55,6117 58,7J3 46,949 45,555 46,378 48,061 47,581 49,007 50,118 50,5.)8 52,463 53,817 55,421 58,191 221,480 219,1176 2..!1,602 224,826 226,089 229,562 232,535 233,315 235,067 237,257 21H,267 2117,101 26,273 211,594 27,038 28,808 28,255 29,401 30,306 30,165 31,922 32,947 311,803 37,360 59,b71 59,091 58,601 21f6,713 28 b1,525 58,239 61,020 57,551 b0,680 57,033 11 p 25 PB 57,701 5b,619 57,277 55,940 56,212 55,532 IIU JUIE JUJ.I AUG. SEPT. ocr. lOY. DEC. 1987--JU. p surplus•/ total 24,250 211,953 22,677 22,231 22,471l 22,804 23,098 23,451 23,753 23,543 211,071 21,687 21,953 20,156 19,991 20,140 20,1144 20,717 21,112 21,267 21,676 21,595 22,199 2,563 3,000 2,519 2,240 2,333 2,360 2,381 2,339 2,117 2,078 1,947 1,872 36,587 25,01f9 23,081l 1,965 249,603 2411,338 38,710 35,228 24,583 25,028 22,815 23,01..! 1, 768 2,017 485 113 21flf,92S 21l3,697 33,025 33,755 27,327 25,237 21f,677 22,864 2,650 2,37.J 131 25. 23,311/f 'riO UBitS IIDII!IG ----1987--Ju. liB. 14 P---PRBLIIIIU&r PB--PBBLIIIlNARI BSTIIIATE. 1/ BEPLBCTS ACTUAL RESERJE BEQUIBBBBITS, liCLUDliG THOSE OJ IOIDEROSIT LlABILITIBS, liTH 10 ADJUSTBBITS TO 8Ll8IIATI THE BPPECTS OP DISCOITIIUITIES ASSOCIATED WITH IIIPJ.BBENTATIOI OP THE IIOIBTARI COITROL ACT OR OTHER REGULATORY CHAIGES TO RESERVE BBQUlREIIEJTS. 2/ COISISTS OP TOTAL BESBBVBS PLUS REQUIRED CLBARIIG BALANCES liD lDJUSTIIBITS TO CO!PBISATE POR PLOAT AT PEDBRAL BBSERJB Bli~S FLUS THE CURKEICY COftPONENT Of THE ftONEI STOCl LESS THE ABOUNT OP llULT CASH ROLD~IGS OP THRIFT IMSTITUTIOBS THAT IS liCLUDBD ~~ THB CU~REICY COftPOIBIT OP THE ftOIEJ STOCK PLUS, POR IHSTITUTIOHS lOT HAfiiG KEQUIRBD RBSEBYB BlLliCBS, THI EXCESS Of CU&aBBT YAULT CASH OYER THE lftOUHT APPL~ED TO SlT~SPI CURRENT RBSEBJB BBQUIREBBITS. APTBM THB ~ITBODOCTIOI OP CRR, CURREICt AND VAULT CASH II~URES ARB IIEASURED Of£8 THB BOIDAI-IID~IG COIIPUEATIOI PERIOD. 3/ BICLUDBS B!QU~BED CL~lRIIG BALANCES liD ADJUSTIIBITS TO COftPEISATE ~8 fLOAT. If/ DATBS~BPBR TO THE ftAINTBNANCE PERIODS IN WHICH T8B JAULT CASH CAl BE USED TO SATISFY BBSERJE BEQU~RBBBITS. UIDBR COITEIIPOBANEODS RESERVE REQUIREIIBNTS, ftAIHTEIAICE PERIODS BID 30 DAIS APTER THE J.lGGBD CUBFOTATIOI PERIODS IN IHICH THE BALANCES ABE HELD. 5/ ~0 ALL JlULT CASH HELD DURING THB LAGGBD COBPUTATION PERIOD Bl IISTITUTIONS BAliNG REQUIRED RESERVE BALANCES HAL BB~BRVE UliKS PLUS THE liiOUNT OP YAOLT CASH EQUAL TO REQUIRED RESERVES DORIIG THE ftlliTEIAICE PERIOD AT IONS HAYING NO REQUIRED RESERYE BALAICRS. 6/ lULT CASH AT ~NSTITUTlORS HAVlRG NO BEQUlBED BBSERfB BALARCBS LESS THB ABOUIT OP JAULT CASH BQUAL TO THEIR RJ!QOIRBD RESERVES DUlliNG THE IIAIITEilNCE PERIOD. f~ CONSISTS OP CABBYOV~B ONLY AT DEPOSITORY IHST~TUT~ONS ftAIMTAlNING RESERfBS ON THE BASIS OP TiO-iBBK BAINTENAICB PERIOUS. RBPLBCTS EXCESS (+) Oti DEF~CIT (-) ~BSBRY~S ELIGIHLE TO BB CARRIED POBKABD INTO THB TWG-88EA RESEBYE ~lkiTENlNCE PERIOD EMDING ON tuE DATE SHOWN. H.3 (502) Table 3 · AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE Adjusted for changes In reserve requirements' Averages of dally figures, not seasonally adjusted Millions of dollars total 1986-Jll. FBB. ua. au lPB. JDIE JULY lUG. SBPt'. ocr. IOJ. DBC. 1987-Jll. Monetary bile Reaerves of depository Institutions Date p nonbo~roiHd required 47,013 45,579 46,260 47,85J 47,688 49,105 50,313 50,622 51,546 52,3161 54,107 57,165 46,243 44,696 45,499 46,961 46-,812 48,302 49,573 49,749 50,538 51,500 53,355 56,338 46,002 4A,587 115,442 47,1l5 46,874 48,267 49,409 49,882 50,821 51,595 53,129 5.i,J96 218,643 216,678 218,876 222,042 223,593 226,912 2J0,008 ,230,755 231,512 233,040 236,914 243,041 58,252 57,673 51,182 242,82ft 60,200 56,736 59,695 56,0U 59,355 5S,SJO 2165,650 240,498 56,239 55,165 55,814 54,1f85 5l,75Q 51,077 240,514 240,029 %110 IIBEKS BIDIIIG --------1987-,J&B. 14 28 FBB. 11 p 25 PB P--PilBI.ZIUI.lBI PB--PBBI.IftZilBI ESt'ZftATB. 1/ ~IGUBBS llB~LBCt' lDJOSt'ftEITS ~OR DISCOIXZIDZ7Z~S lSSOCXArBD iZTB XHB ZftPLBftBIXlriOI liD O!HBB BBGULlXOBI CBAIGES ro BESEBYB BBQUZBBftBirS. 0, XHB ftOI&rlBI COJriOI. lC%
@FedFRASER