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FEDERAL
H. 9
(Rev. 4 / 7 2 )

statistical

RESERVE

For Immediate R e l e a s e
July 27,

P e r c e n t Change

Reserve A g g r e g a t e s 1/
Total reserves
Nonborrowed r e s e r v e s
Required r e s e r v e s
R e s e r v e s A v a i l a b l e t o S u p p o r t P v t . Nonbank D e p o s i t s

Monetary A g g r e g a t e s
M

1
M~ (M

p l u s time d e p o s i t s a t commercial banks)
o t h e r t h a n l a r g e t i m e CD's)
A d j u s t e d c r e d i t proxy 2 /
Time d e p o s i t s , a l l c o m m e r c i a l banks
U . S . Government demand d e p o s i t s , member banks

239.7

4 Wks. ended
J u l y 19 1 June 21
($ Bi l l . , SA)
236. 7
240.9
238.7

495.9
495.0
386.6
384.4
292.9
293.5
3.5
5.2
Week ended
J u l y 26 1 J u l y 19

Other R e s e r v e M e a s u r e s & I n t e r e s t R a t e s
Member bank b o r r o w i n g s ($ m i l . )
F r e e or n e t borrowed ( - ) r e s e r v e s ($ m i l . ) X ,
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
9 0 - 1 1 9 day d e a l e r p l a c e d ' c o m m e r c i a l paper r a t e 3 /
3-month CD r a t e ( s e c o n d a r y m a r k e t ) 4 /
3-month E u r o - d o l l a r r a t e
U . S . Government bond r a t e 5/

release

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

Week ended
4. Wks . ended
J u l y 26 | June 28
J u l y 26 1 J u l y 19
($ B i l . , SA)
33.04
33.17
33.34
33.15
32.96
33.18
32.96
33.02
32.83
33.10
32.95
33.07
30.13
30.38
30.37
30.56

79
4. ,54
3.. 9 6 • 4.,78
4, . 8 0
5,. 6 0
5,. 9 9

4 8 9 . ,8
493.9
382. ,7
384.2
290. , 0
292.9
6,.2
4.4
4 Wks. ended
J u l y 26[
June 28
(NSA)

-6
4 . 47
3. 96
4 . ,88
4. ,89
5.. 7 0
6,. 0 0

-6
4. ,56
4. ,01
4. .84
4. ,85
5..54
6.. 0 2 •

1972

( S e a s o n a l l y A d j u s t e d Annual Rat-p.j^)

A v e r a g e of 4 Weeks Ended J u l y 2 6 , 1972 from 4 Week A v e r a g e s
13 weeks p r e v i o u s
| 26 weeks p r e v i o u s
52 weeks p r e v i o u s
6.0
5.1
6.1
7.2

8.7
8.2

A v e r a g e of 4 Weeks Ended j u j v 1 9 , 1972
weeks p r e v i o u s
| 26 weeks p r e v i o u s

8.4
10.3
8.2
7.2
|

from 4 We.ek A v e r a g e s
52 w e e k s p r e v i o u s

7.2
10.0
9 58
16.2

10.8
10.9
14.3

9.1
10.1
14.4

109
4 . ,46
3. ,91
4. ,58
4, .57
5, .05
6,. 0 1

SA--Seasonally Adjusted .
NSA--Not S e a s o n a l l y A d j u s t e d .
1/ 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 m m e r c i a l p a p e r . R e s e r v e s A v a i l a b l e t o Support P r i v a t e Nonbank D e p o s i t s a r e
r e 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 t i m e and s a v i n g s d e p o s i t s , n o n d e p o s i t s o u r c e s s u b j e c t t o r e s e r v e r e q u i r e m e n t s , and e x c e s s r e s e r v e s .
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 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 i t e m s .
On
J u l y 19
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 amounted t o $ 2 , 1 5 1 m i l l i o n .
A v e r a g e o f r a n g e o f 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 of d e p o s i t w i t h 3 - m o h t h m a t u r i t y i n s e c o n d a r y 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 .
Source:
U.S. Treasury.
NOTE: A l l p e r c e n t a g e c h a n g e s a r e a t s e a s o n a l l y a d j u s t e d a n n u a l r a t e s , n o t compounded.




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