Full text of H.9 Weekly Summary of Reserves and Interest Rates : May 14, 1970

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

H.9

WEEKLY SUMMARY OF BANKING AND CREDIT MEASU1
(Averages of daily figures)
Week ended
May 13

May 6

immediate release
May 14, 1970.

4 weeks ended
May 13

April 15

Year-ago data
Week ended 4 wkS. ended
May 14
May 14

Marginal Reserve Measures & Interest Rates (NSA)
Member bank Borrowings ($ mil.)
Free or net borrowed ( - ) reserves ($ mil.)
Federal funds rate
Dealer loan rate 1/
3-month Treasury bill rate
3-month CD rate (secondary market) 2/
3-month Euro-dollar rate
U.S. Government bond rate 3/

813
-790
7.96
8.73
6.74
8.03
8.51
7:11

773
-428
8.46
9.08
6.94
7.73
8.60
7.14

862
-737
8.27
8.99
'
6.73
7.61
8.44
7.07

850
-671
8.02
8.70
6.36
7.25
8.19
6.73

1,171
-910
8.30
8.79
6.02
7.17
9.38
5.97

1,257
-1,007
7.95
8. 21
6.04
7.00
8.77
5.97

Reserve Aggregates ($ bil.„ SA) 4/
Total reserves
Nonborrowed reserves
Required reserves

/

27.7
26.9
27.7

28.5
27.7
28.1

Week ended
May 6
Apr. 29

28.2
27.3
28.0

28.0
27.1
27.8

4 weeks ended
May 6
Apr. 8

28.2
27.0
27.9
Week ended
May 7

28.1
26.9
27.9
4 wks. ended
May 7

Monetary Aggregates ($ bil., SA)
Total member bank deposits
Money supply (Currency & demand deps. com?)
Time deposits, all commercial banks
U.S. Gov't, demand deposits, member, banks

289.2
203.9
199.3
3.2

288.4
201.8
198.8
4.4

289.6
203.0
198.5
4.7

289.6
203.9
196.4
5.5

294.7
197.2
. 202.0
6. 5

295.2
197.6
202.2
• .0
6.3

NSA - Not seasonally adjusted.
SA - Seasonally adiusted.
V
Unweighted" average rates on loans posted by major New York City banks.
2_/ Average of range of offering rates qp negotiable certificates of deposit with 3-month maturity in secondary
market.
%
3/ Daily average yield on 20-year bonds.
4/
Includes increases in required reserves due to changes in Regulations M and D of approximately $400 million
since October 16. 1969.




;