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F

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H. 9
(Rev. 1/76)

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s t a t i s t i c a l

r e l e a s e

WEEKLY SUMMARY OF BANKING AND CREDIT MEASURES
(Averages of daily figures)

For Immediate Release
February 24, 1977

Levels

Percent Change (Seasonally Adjusted Annual Rai-ps)

Week ended
Fehi ?!..
Reserve Aggregates—
Total reserves
Nonborrowed reserves
Required reserves

34.23
34.19
33.97

4 Wks . ended
I Jan.
Ffth. 16 Ffih.
($ Bil., SA)
34.45
34.32
34.28

Week ended
Ffh. 16

Monetary Aggregates
M^ (Currency plus demand deposits)
Mg (Mj plus time deposits at commercial banks
other than large time CD's)
Adjusted credit proxy 2/
Time deposits, all commercial banks
U.S. Government demand deposits, member banks

315.0

Fph. 73

Member bank borrowings ($ mil.)
Includes seasonal borrowings of:
Federal funds rate
3-month Treasury bill rate
90-119 day dealer placed commercial paper rate
3-month CD rate (secondary market) 4/
90-day CD rate (primary offering) 5/
3-month Euro-dollar rate
U.S. Government bond rate bj
N5A--Not Seasonally Adjusted

313.6

3/

37
11
4.74
4.67
4.75
4.79
4.63
5.06
7.64

313.6

19

'

2.2
2.3
2.7

2.4

2.6
2.4

Average of 4 Weeks Ended Feb. 16. 1977
13 weeks previous | 26 weeks previous

2.6

2.6
2.8

from 4 Week Averages
1 52 weeks previous

314.4

3.9

5.0

5.7

747.7
744.7
540.3
541.2
497.2
494.0
2.3
2.8
4 Wks. ended

9.7
5.9
13.2

11.0

10.6

1 Feb, 1ft
Ffth. H
(NSA)
129
13
4.70
4.62
4.75
4.78
4,63
5.01
7.61

34.83
34.77
34.52

4 Wks . ended

'^'(Ml^SA1)6

750.5
748.5
541.0
539.1
499.2
498.4
2.2
2.4
Week ended

Other Reserve Measures & Interest Rates

34.46
34.38
34.25

Average of 4 Weeks Ended Feb. 23. 1977 from 4 Week Averages
13 weeks previous 1 26 weeks previous 1 52 weeks previous"

6.4

12.1

4.9
9.1

Jan. 7fi

82
12
4.68
4.67
4.77
4.83
4.69
5.09
7.62

63
9
4.60
4.57
4.70
4.80
4.68
5.12
7.43

SA--Seasonally Xdjusted.

1/

%
pIarTrALr?V

f

of negotiable certificates of deposit with three month maturity In secondary market.

Yield at 20-year coratant
™
°f
I
NOTE:
All percentage changes are at seasonally adjusted annual rates, not compounded.




certificates of d e p o L t In denominations of $100,000 or more.