Full text of H.9 Weekly Summary of Reserves and Interest Rates : June 10, 1971

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'W

H.9
(Rev. 6 / 7 0 )

FEDERAL
V

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J

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R E S E R V E " I

' r * ^ ' WEEKLY SUMMARY OF BANKING AND CREDIT MEASURES
'^q - X
(Averages of d a i l y f i g u r e s )

•"
V - ' - "

Week ended
June 9

June 2

For immediate r e l e a s e
June 10, 1971

4 weeks ended
June 9

May 12

M a r g i n a l Reserve Measures & I n t e r e s t Rates (NSA)
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 . )
Federal funds r a t e
Dealer loan r a t e V
3-month T r e a s u r y b i l l r a t e
3-month 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 3/

154
-69
4.77
5.02
4.43
5.28
7.31
6.25

645
-354
4 .82
5 .15
4.33
5.25
7 .70
6.23

31.3
31.1
31.1

31.5
30.9
31.1

344
-180

4.71
5.05
4.36
5.14
7.23
6.31

133
48
4.35
4.83
3.87
4.71
6.41
6.16'

Year-ago d a t a
Week ended 4 w k s . ended
June 10
June 10
857
-721
7.98
8.42
6.78
8.06
.9.45
7.38

1,048
-901
7.83
8.39
6.83
8.07
9.22
7.34

Reserve A g g r e g a t e s ($ b i l . , SA) 4 /
Total reserves
Nonborrowed r e s e r v e s
Required r e s e r v e s

Week ended
June 2
May 26

31.3
31.0
31.1

31.1
30.9
30.8

4 weeks ended
June 2
May 5

27.9
27.0
27.7

27.8
26.8
27.6

Week ended 4 wks . ended
June 3
June 3

Monetary A g g r e g a t e s ($ b i l . . SA)
T o t a l member bank d e p o s i t s
T o t a l member bank d e p o s i t s p l u s n o n d e p o s i t items 5 /
Money s u p p l y ( c u r r e n c y & demand d e p o s i t components)
Time d e p o s i t s , a l l commercial banks
U . S . Government demand d e p o s i t s , member banks

341.7
345.8
225.3
253.3
4.6

340.9
344.7
225.5
252,3
3.0

340.4
344.5
224.6
251.9
4.0

337 .0
341.8
220.6
248.7
5.9

290.1
310.8
210.1
201.2
3.0

289.4
309.7
209.8
200.5
2.9

NSA - Not s e a s o n a l l y a d j u s t e d .
SA - S e a s o n a l l y a d j u s t e d .
1/ Unweighted a v e r a g e r a t e s on l o a n s posted by major New York C i t y b a n k s .
2 / Average 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 of d e p o s i t w i t h 3-month m a t u r i t y in secondary m a r k e t .
z
3/ D a i l y a v e r a g e y i e l d on 20-year b o n d s.
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 borrowings and b a n k - r e l a t e d commercial p a p e r .