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FEDERAL
H.9

RESERVE

i •

V

:

••••

statistical,

For immediate release

WEEKLY SUMMARY OF BANKING AND CREDIT MEASURES
(Averages of daily figures)
Week ended
Apr. 1

Mar . 25

April 2, 1970.

4 weeks ended
Apr . 1

r e l e a s e

Mar . 4

Year-ago data
Week ended 4 wks. ended
April 2
April 2

Marginal Reserve Measures & Interest Rates (NSTA)'
Member bank borrowings 4$ mil.)
Free or net borrowed (-; reserves ($ mil.)
Federal funds rate
Dealer loan rate V
3-month Treasury bill rate
3-month CD rate (secondary market) 2_/
3-month Euro-dollar rate
U.S. Government bond rate 3/ .

950
- 688
7.93
8.75
6.33
7.59
8.54
6.64

936
-865
7.45
8.27
6.31
8.10
8.68
6.71

27.9
26.9 ,
27.6

27.7
26.8
27.7

909
-779

1,019
-828
8.83
7.73
9.41
8.46
6 .98
6. 56
8.49
8.11
9.36
8.76
6.62
6.74

1,195
-886
6.66
6.94
5.99
6 .65
8.49
6.20

953
-725
6.78
7.00^
6 .00
6 .63
8.49
6 .23

Reserve Aggregates ($ bil. „ SA) 4 /
Total reserves
Nonborrowed reserves
Required reserves

Week ended,,
Mar . 25
Mar. 18

27.7
26.8
27.6

27.7
26.6
27.5

4 weeks ended•
Mar. 25 .Feb. 25

27.9
26.7
27.6
Week ended
Mar . 26

27 .9
26.9
27.7
4 wks. ended
Mar . 26

Monetary Aggregates ($ bil., SA)
Total member bank deposits < .
Money supply (Currency & demand deps. com.)
Time deposits, all commercial banks
U.S. Gov't, demand deposits, member banks

286.3
200.3
194.8
5.7

284.7
199.9
194.0
5.8

285.0
200.2
193.8
5.7

282.9
199.2
191.8
5.7

293.2
196.9
202.3
3.6

294.6
196.6
202.3
5 .2

NBA - Not seasonally adjusted.
SA - Seasonally adjusted.
1/
Unweighted average rates on loafis posted by major New York City banks.
2/ Average of range of offering rates on negotiable certificates of deposit with 3-month maturity in secondary
market.
i
_3/ Daily average yield on 20-year bonds.
4/ Includes increases in required reserves due to changes in Regulations M and D of approximately $400 million
since October 16, 1969.