View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL

RESERVE
160.

-"T^lrbsv:
H^9- _ r " " "
(Rev. ^6/70)

WEEKLY SUMMARY OF BANKING AND CREDIT MEASURES
( A v e r a g e s of d a i l y f i g u r e s )

Week e n d e d
Feb.
Marginal Reserve Measures & I n t e r e s t Rates

($ b i l . .

SA^

Total reserves
Nonborrowed r e s e r v e s
Required reserves

Feb.

4 weeks ended
10

($ b i l . .

17

Jan.

248
-65
3.59
4.20
3.83
4.55
5.78

362
-102
4.01
4.59
3.94
4.64
5.65
6.08

357
-81
4.26
5.03
4.68
5.44
6.34
6.31

30.6
: 30.0
30.4

30.3
30.1
30.1

30.4
29.9
30.1

30.2
29.9
30.0

6.08

Year-ago data
Week e n d e d 4 wks . e n d e d
F e b . 18
F e b . 18

1,110
-861
9.39
9.78
6.83
8.48
9.31
6.57

1,117
-922
9.21
9.62
7.46
8.72
9.45
6.79

4/
„

4 weeks ended
F e b . 10
J a n . 11

SAV

T o t a l member b a n k d e p o s i t s " 1
;
T o t a l member b a n k d e p o s i t s p l u s n o n d e p o s i t i t e m s 5/
Money s u p p l y ( c u r r e n c y & demand d e p o s i t c o m p o n e n t s )
Time d e p o s i t s , a l l C o m m e r c i a l b a n k s
U . S . G o v e r n m e n t demand d e p o s i t s , member banjos
NSA - Not s e a s o n a l l y a d j u s t e d .

20

564
-285
4.14
4.79
3.62
4.42
5.40
6.11

Week e n d e d
F e b , 10
Feb.
Monetary Aggregates

Feb.

(NSA1

Member b a n k b o r r o w i n g s ($ m i l . )
F r e e o r n e t b o r r o w e d ( - ) r e s e r v e s ($ m i l . )
Federal- funds r a t e
Dealer loan r a t e 1/
3-month Treasury b i l l r a t e
3 - m o n t h CD r a t e ( s e c o n d a r y m a r k e t ) 2/
3-month E u r o - d o l l a r r a t e
U . S . Government bond r a t e
J3/
Reserve Aggregates

17

For immediate r e l e a s e
F e b r u a r y 18, 1971

328.0
337.1
216.1
239.6
7.1

326.7
335.5
214.8
237.6

8.2

325.9
335.5
214.9
237.5
7.4

321.
332.
214.
232.
6.

27.7
26.5
27.5

27.8

26.6
27.6

Week e n d e d 4 wks . e n d e d
F e b . 11
Feb. n

282.7
303.2
204.0
193.1
6.4

283.6
304.1
204.5
192.9

6.1

SA
Seasonally adjusted.
U n w e i g h t e d a v e r a g e r a t e s on l o a n s p o s t e d by m a j o r New York C i t y b a n k s .
1/
II
A v e r a g e of r a n g e of o f f e r i n g r a t e s on n e g o t i a b l e c e r t i f i c a t e s o f d e p o s i t w i t h 3 - m o n t h m a t u r i t y i n s e c o n d m a r k e t .
D a i l y a v e r a g e y i e l d on 2 0 - y e a r b o n d s .
If
4/
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 b o r r o w i n g s and b a n k - r e l a t e d c o n m e r c i a l p a p e r .
5/
Sometimes r e f e r r e d t o a s t h e " a d j u s t e d c r e d i t p r o x y . "
I n c l u d e s member b a n k d e p o s i t s , b a n k - r e l a t e d c o m m e r c i a l
p a p e r , E u r o - d o l l a r b o r r o w i n g s of U . S . b a n k s , and c e r t a i n o t h e r n o n d e p o s i t s o u r c e s .
On F e b r u a r y 10 b a n k - r e l a t e d
Digitized forcFRASER
o m m e r c i a l p a p e r amounted t o $ 1 , 9 4 4
million.
t