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F E D E R A L R E S E R V E statistical release
• f^AL Rt^;. •"
For

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

h

Per cent Change (Seasonally Adjusted Annual R a t e s ~

Levels

Reserve Aggregates^Total reserves
Nonborrowed reserves
Required reserves
Monetary Base—

Monetary Aggregates

Average of 4 weeks ended June 6. 1979
13 weeks previous
|26 weeks previous

40.57
40.46
40.33
40.78
39.62
38.04
39.23
38.69
40.09
40.66
40.08
40.20
145.6
145.3
4,7
145,2
4 Vfeeks en^ed
Week ended
May 30
Mav 23 I Mav 30
Mav 2
($ B i l . / S A )

0.6
-4.2
-1,6
-9,6
0,4
4,4
-3.9
6.9
4.8
rages
from 4 wzeks
Average of 4 weeks ended
May 30, 1979
13 weeks previous
I 26 weeks previous |52 weeks previous

%

Member bank borrowings ($ mil.)
Includes seasonal borrowings of:
Federal funds rate
3-month Treasury bill rate
3/
90-119 day dealer placed commercial, pap er^'
3-month CD rate (secondary market>—
3-month Euro-dollar rate , .
U.S. Government bond rate—
N S A — n o t seasonally adjusted

from 4 week averages
| 52 weeks previous

4 Weeks ended
Week ended
June 6 I Mav 30
May 9
June 6,
($ Bii:, SA)

(Currency plus demand deposits)
(M plus time deposits at commercial banks
other than large time CD's)
Time deposits, all commercial banks

Other Reserve Measures & Interest Rates

Immediate Release
June 7, 1979

364.1

364.6

364.5

364.4

895.4
619.5

894.5
619.8

893.9

890.5

620.0

-3.2

-10,8

620.8

2290
199

10.28
9.54
9.95

10.08
10.68
9.08

1773
182
10.23
9.57
9.96
10,14
10.66
9.14

1162
148
10.13
9.47

9.86

10.09
10.72
9.21

2.2

4.0

7.8

4.6
3.7

6.8

-0.2

III"!

4 Weeks ended
Week ended
June 6
May 30
June 6
JfcxJL
(NSA)
1340
193
10.23
9.48
9.92
10.09
10.53
9.06

6.6

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SA—seasonally adjusted

2/ Includes required reserves against Eurodollar borrowings and bank-related commercial paper. Reserve aggregates reflect changes in Regulation D. Per
cent annual rates of growth for required reserves and other reserve aggregates have been adjusted to remove the effect of these structural changes.
1/ Includes total reserves (member bank reserve balances in the current week plus vault cash held two weeks earlier); currency outside the U.S. Treasury ,
Federal Reserve banks and the vaults of commercial banks; and vault cash of nonmember banks.
On May 30, 1979, bank-related commercial paper amounted to $17,920 million.
Simple average of offering rates of negotiable certificates of deposit with 3-month maturity in secondary market.
Yield at 20-year constant maturity. Source: U.S. Treasury.
NOTE: All percentage changes are at seasonally adjusted annual rates, not compounded.

I