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statistical

W E E K L Y S U M M A R Y OF B A N K I N G A N D C R E D I T t E A S U R E S
(Averages of d a i l y f i g u r e s )

/72)

For I m m e d i a t e Release
J u l y 31, 1975

Prnent

Reserve Aggregates

Weekended
|
4 W k s . ended
July 30
|July 23 |July 3 0
j July

l/~

($ B i l . , S A )

Total reserves
Nonborrowed reserves
.
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 to Support Pvt. N o n b a n k D e p o s i t s

35.10
34.85
34.80
33.02

34.96
34.58
34.69
32.82

34.98
34.71
34.78
32.94

(Currency plus d e m a n d d e p o s i t s )

(Mj plus time d e p o s i t s at c o m m e r c i a l banks
other than large time C D ' s )
A d j u s t e d credit p r o x y — '
T i m e d e p o s i t s , all c o m m e r c i a l banks
U . S . G o v e r n m e n t d e m a n d d e p o s i t s , m e m b e r banks

4 W k s . ended
I J u l y 16 I J u l y 23
|June 25 "
($ Bil., S A )

294.9

295.2

294.3

293.9

652.6
505.9
439.5
2.6

652.4
506.4
440,1
2.9

650.8
505.6
439.6
2.4

646.6
507.8
436.7
4.2

Change

(Seasonally

Ann„*i

A v e r a g e of 4 W e e k s Ended J u l y 30, 1 9 7 5
13 w e e k s previous
| 26 w e e k s previous

34.95
34.66
34.76
33.01

W e e k ended
July 23.

Monetary Aggregates
M1

r e l e a s e

-0.4

-4.3
-3.5
-4.8
-2.3

-2.1
-0.9

Average

of 4 W e e k s Ended J u l y

13 wtieks. previous

-0.3
9.1
' -0.5
0.5

23, 1 9 7 5 7

| 26 w e e k s

onrn.'k

f r o m 4 Week Averages
1 52"weeks previous

previous

from 4 W e e k A v e r a g e s
| 52 w e e k s p r e ^ S s

Mg

r

13.5
4.2
7.2

8.6

11.6
4.0

4.4
9.3

W e e k ended
July

Other R e s e r v e M e a s u r e s & Interest Rates
M e m b e r bank b o r r o w i n g s ($ m i l . )
Includes s e a s o n a l b o r r o w i n g s of:
Federal

funds rate

3-month T r e a s u r y b i l l rate
90-119 d a y d e a l e r placed commercial paper rate
3-month CD rate ( s e c o n d a r y m a r k e t ) —
3-month E u r o - d o l l a r r a t e
U . S . G o v e r n m e n t bond r i t e —

3/
—'

30

20
6..25
6..25
6..38
6..66
7..06
p8., 21

NSA--Not Seasonally Adjusted.
1/

I July

23

19
6.,14
6.,19
6.,35
6.,51
7. 09
8.,17

July
(NSA)

30 1 J u l y 2

265
17
- 6.10
6.14
6.32 "
6.55
7.16
. P8.17

SA--Seasonally

12
5.62
5.43
5.77
5.91
6.24
8.03

Xdjusted.

I n d u e s required a g a i n s t Euro-dollar 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 Lo Support." P r i v a t e N o n b a n k D e p o s i t are required
reserves for p r i v a t e demand deposits, total time and s a v i n g s deposit's, n o n d e p o s i t sources subject to 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 .
Reserve
°=«™!\.he

effe^ef

these ^ r u c t u ^ c L L , ! ' "

" "

Includes m e m b e r b a n k d e p o s i t s , loans sold to b a n k - r e l a t e d
On
July 23, 1975
bank-related commercial paper amounted

" " "

A v e r a g e of range of o f f e r i n g rates of n e g o t i a b l e c e r t i f i c a t e s of deposit w i t h three m o n t h m a t u r i t y
Daily a v e r a g e yield o n 20-year b o n d s .
SoiiVce:
U.S. Treasury.
'NOTE:

A l l p e r c e n t a g e c h a n g e s are at 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 , not c o m p o u n d e d .




°tber

r

"erx"=

i n s t i t u t i o n s , 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
to $8553
million.

^regates

h a v e b e e n adjusted

certain nondeposit

in s e c o n d a r y m a r k e t .

items

to