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FEDERAL RESERVE statistical release
For Release at 4:15 p.m. Eastern Tim
H.9 (511)
December 9, 1983
WEEKLY SUMMARY OF RESERVES AND INTEREST RATES
Averages of daily figures
Levels
4 weeks ended
Week ended
Dec
Reserve aggregates (adjusted) 1
Total reserves2
Nonborrowed reserves
Nonborrowed reserves plus extended credit3
Required reserves
Monetary base4
Dec 7P
Nov
7P
Nov 30P
Millions of dollars, seasonally adjusted
37,490
37,048
37,050
37,099
185,784
37,809
36,929
36,942
37,137
186,097
37,495
36,705
36,711
36,996
185,779
9P
Percent change
Average of 4 weeks ended
December 7 , 1983P
from 4 weeks averages
52 weeks
26 weeks
13 weeks
previous
previous
previous
Seasonally adjusted annual rates
37,535
36,879
36,906
37,098
184,960
4 weeks ended
Week ended
:KS::kki::::
Nov 30
Not seasonally adjusted
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Other reserve measures and Interest rates
Discount window borrowing ($ mil.)
Includes: seasonal borrowings of
extended credit of
Federal funds rate
3-month Treasury bill rate
90 day dealer placed commercial paper6
3-month CD rate (secondary market)
3-month Eurodollar rate
U.S. Government bond rate®
1
- -1
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9.49
8.92
9.22
9.83
11.94
8.85
9.36
8.84
9. 32
9.38
11.82
11.89
8.64
9.03
9.25
9.65
11.89
:::::::::::::
Reserve aggregates include required reserves of member banks and Edge Act Corporations and other depository institutions. Discontinuities associated with the implementation of the Monetary Control Act,
the inclusion of Edge Act Corporation reserves, and other changes in Regulation D have been removed.
2 Reserve balances with Federal Reserve Banks plus vault cash at institutions with required reserve
balances plus vault cash equal to required reserves at other institutions.
3 Extended credit consists of borrowing at the discount window under the terms and conditions established
for the extended credit program to help depository institutions deal with sustained liquidity pressures.
Because there is not the same need to repay such borrowing promptly as there is with traditional shortterm adjustment credit, the money market impact of extended credit is similar to that of nonborrowed
reserves.
4 Consists of reserve balances and service-related balances and adjustments at Federal Reserve Banks in
the current week plus vault cash held two weeks earlier used to satisfy reserve requirements at all
depository institutions plus currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults
of depository institutions, plus surplus vault cash at depository institutions.
5 On NOVEMBER 30, 1983 bank-related commercial paper outstanding was $37,357 million.
Yield at 20-year constant maturity.
Source: U.S. Treasury.
Note: All percentage changes are at seasonally adjusted annual rates, not compounded.
P—indicates preliminary data.
@FedFRASER