The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
2.1 (p. F E D E R A L H. 9 (Rev^V-72 ) s t at i s t i c a l release WEEKLY SUMMARY OF BANKING AND CREDIT MEASURES (Averages of d a i l y f i g u r e s ) rtuntsv: e s e r v e Aggregates 1777" R E S E R V E "IT Total reserves Nonborrowed r e s e r v e s Required r e s e r v e s Reserves A v a i l a b l e to Support Pvt. Nonbank Depo Monetary Aggregates M 1 - Mg ( M i P l u s t i m e d e p o s i t s a t commercial banks o t h e r than l a r g e time CD's) A d j u s t e d c r e d i t proxy 3/ Time d e p o s i t s , a l l commercial banks U.S. Government demand d e p o s i t s , member banks Other Reserve Measures & I n t e r e s t Rates Member bank borrowings ($ m i l . ) Free or net borrowed ( - ) r e s e r v e s ($ m i l . ) 2/ F e d e r a l funds r a t e 3-month T r e a s u r y b i l l r a t e 90-119 day d e a l e r placed commercial paper r a t e 3-month CD r a t e (secondary market) 5_/ 3-month E u r o - d o l l a r r a t e U.S. Government bond r a t e 6/ — Week ended 4 Wks . ended April 11 | A p r i T T April 11 |March 14 ($ B i l . , SA) 31.86 32.61 32.04 31.86 29.35 30.56 29.48 29,67 31.94 32.12 31.86 31.62 29.40 29.51 30.09 29.65 Week ended 4 Wks. ended A p r i l 4 H March 281 April 4 \ March 7 ($ B i l . , SA) 257.5 256.1 256.8 257.1 534.1 334.3 532.9 423.6 Week ended April 11 | April 4 -1578 533.1 423.2 332.3 For Immediate Release April 12, 1973 Percent (Seasonally ^ r , r Change—tuwauiiai iv » " M ' s r p n Ann„»i Annual H a ^ c l Average of 4 Weeks Ended A p r i l I I , 1973 from 4 Week A v P r a p P s 13 "eeks previous I 26 weeks previous I 52 weeks previous 4.8 -9.1 4.9 7.2 9.9 -2.3 10.2 10.1 9.1 1.6 9.1 9.3 Average of 4 Weeks E ^ d i T April 4, 14)3 . from 4 Week A v e r . . . . 13 weeks previous | 26 weeks previous | 52 weeks previous 531.5 416.6 324.5 4 Wks. ended April 4[ March 14 (NSA) 1852 -1665 7.02 8.39 NSA--Not S e a s o n a l l y A d j u s t e d . SA--Seasonally A d j u s t e d . i n c l u d e s r e q u i r e d r e s e r v e s a g a i n s t E u r o - d o l l a r borrowings and b a n k ^ r e l a t e d commercial paper. Reserves A v a i l a b l e to Support M v a t e Nonbank Deposits are r q u i r e d r e s e r v e s f o r p r i v a t e demand d e p o s i t s , t o t a l time and savings d e p o s i t s , nondeposit sources s u b j e c t t o r e s e r v e requirements and excess r e s e r v e s Reserve a g g r e g a t e s r e f l e c t the change in Regulation D e f f e c t i v e November 9, 1972, which reduced required r e s e r v e s by about $3.2 b i l l i o n . Per cent annual r a t e s of growth f o r r e q u i r e d r e s e r v e s and o t h e r r e s e r v e a g g r e g a t e s have been a d j u s t e d t o remove the e f f e c t of t h i s s t r u c t u r a l change 2/ Adjusted t o include c e r t a i n r e s e r v e d e f i c i e n c i e s on which p e n a l t i e s can be waived f o r a t r a n s i t i o n period in connection with bank a d a p t a t i o n t o Regulation J as amended e f f e c t i v e November 9 1972. The adjustment amounted t o $450 m i l l i o n from November 9 t o December 27, 1972; $279 m i l l i o n from December 28 1972 to March 28, 1973, and $172 m i l l i o n t h e r e a f t e r . ' I n c l u d e s member bank d e p o s i t s , b a n k - r e l a t e d commercial p a p e r , E u r o - d o l l a r borrowings of U.S. banks, and c e r t a i n nondeposit items. On A p r i l 4 b a n k - r e l a t e d commercial paper amounted t o $3,514 m i l l i o n . Average of range of o f f e r i n g r a t e s of n e g o t i a b l e c e r t i f i c a t e s of d e p o s i t with 3-month m a t u r i t y in second market. Daily average yield on 20-year bonds. Source; U.S. T r e a s u r y . E: All p e r c e n t a g e changes a r e at s e a s o n a l l y a d j u s t e d annua1 r a t e s , %ot compounded* http://fraser.stlouisfed.org/ •1/ Federal Reserve Bank of St. Louis
@FedFRASER