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FEDERAL RESERVE s t a t i s t i c a l re I e a s e iWoi bimmfedtLaii'e'i r e t e a s e A p r i l 13, 1979 ; ; .-RYE Reserve Positions of Major. Reserve 6fBlanks-tV£LAN0 Reserve Period Ended A p r i l 4 , 1979 (In millions of d o l l a r s unless otherwise noted) e 46 banks Reserve excess or d e f i c i e n c y ( - ) 1/ Less: # 136 26 Borrowings from Reserve Banks Less: Net interbank Federal funds purchases or s a l e s ( - ) 2/ 8 banks in New York City 38 banks outside New York 33 other 5 banks in Chicago banks 65 71 10 62 - - 26 — 26 16,732 3,987 12,745 5,501 7,245 -16,622 -3,923 -12,700 -5,491 -7,209 96.6 62.0 116.8 325.4 78.5 Equals: Net basic reserve surplus or d e f i c i t ( - ) : # a. Net amount b. As per cent of average r e quired reserves - 1/ Reserves h e l d a f t e r a l l a d j u s t m e n t s a p p l i c a b l e t o t h e r e p o r t i n g p e r i o d i n c l u d i n g a l l o w a b l e c a r r y - o v e r and d e f i c i e n c i e s , l e s s the sum of r e q u i r e d r e s e r v e s . A d j u s t e d t o i n c l u d e $7.7 m i l l i o n w a i v e r s of p e n a l t i e s f o r r e s e r v e d e f i c i e n c i e s i n accordance with Board p o l i c y change e f f e c t i v e November 19, 1975. 2/ For d e t a i l s see F e d e r a l Funds T r a n s a c t i o n s of Major Reserve City Banks. NOTE: — Averages of d a i l y f i g u r e s . # H.5(a) Federal F u n d s transactions of Major Reserve City Banks f o r t h e Week ended A p r i l 4 , 1979 (In millions of dollars) 4 6 banks 8 banks in New Y o r k City 3 8 banks outside New Y o r k 5 banks in Chicago 3 3 other banks A. Interbank Federal funds transactions 1. Gross transactions 24,440 7,707 5,057 1,070 19,383 6,638 6,711 1,211 12,672 5,427 6,147 1,070 5,077 1,188 3,889 18,293 3,987 14,306 5,524 8,782 1,561 - - 1,561 23 1,538 16,732 3,987 12,745 5,501 7,244 1. Loans to dealers 2/ 4,182 2,159 2,023 608 1,415 2. Borrowings from dealers 3/ 1,700 606 1,094 26 1,068 3. Net loans 2,482 1,553 929 583 347 a. Purchases b. Sales 2. Total 2-way transactions 1/ 3. Total net transactions a. Net purchases of net buying banks b. Net sales of net selling banks c. Net purchases or sales (-) B. Related transactions with U.S. Government securities dealers 1/ Derived from averages for individual banks for entire week. Figure for each bank indicates extent to which its weekly average purchases and sales are offsetting; that is, it is the lesser of the two amounts. Gross purchases less 2-way transactions equals net purchases of net buying banks. Similarly, gross sales less 2-way transactions equals net sales of net selling banks. 2/ Federal funds loaned, net funds supplied to each dealer by clearing banks, repurchase agreements (purchases of securities from dealers subject to resale) or other lending arrangements. 3/ Federal funds borrowed, net funds acquired from each dealer by clearing banks, reverse repurchase agreements (sales of securities to dealers subject to repurchase), resale agreements, and borrowings secured by Gov't, or other issues. Note:—Averages of daily figures.
@FedFRASER