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FEDERAL
H.9
(Rev. 6 / 7 0 ) .

RESERVE

s t a t i s t i c a l

r e l e a s e

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

Week ended

For i m m e d i a t e r e l e a s
May

4 weeks ended

May 19

May. 12

308
-193
4.55
4.98
4.26
4.91
7.05
6.45

98
144
4.59
5.01
3.85
4.83
7 .36
6.28

189
6
4.42
4.88
3.98
4.82
6.71
6.26

172
64
4.12
4.59
3.76
4.10
5.71
5.91

31.2
30.9
31.0

30.9
30.8
30.7

31.2
31.0
30.9

30.7
30.6
30.5

May 19

A p r i l 21

20,

1971

Year-ago data
Week ended 4 wks . ended
May 20
May 20

M a r g i n a l R e s e r v e Measures & I n t e r e s t R a t e s (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 rate 1/
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/
Reserve Aggregates

($ b i l . .

SA)

914
-738
8.17
8.91
6 .79
7 .82
8.62
7 .11

4/

Total reserves
Nonborrowed r e s e r v e s
Required r e s e r v e s

Week ended
May 12
May 5
Monetary A g g r e g a t e s '($ b i l . .

1,179
-965
7.84
8.63
6.72
8.13
8.81
7.12

4 weeks ended
May 12
A p r i l 14

28.0
26.8
27.7

28.1
27 .2
27 .9

Week ended 4 wks . ended
May 13
May 13

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 i t e m s 57
Money s u p p l y ( c u r r e n c y & demand d e p o s i t c o m p o n e n t s )
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

339.4
343.6
223.3
250.6
5.1

337.1
341.6
220.8
249.9
4.7

337.4
341.9
220.9
249.3
5.8

334.9
341.0
221.6
247 .7
3.7

287.8
307 .9
208.8
199.8
2.3

28%.0
308.7
207 .7
199.5
4.1

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 .
JL/ Unweighted a v e r a g e r a t e s on l o a n s p o s t e d by major New York C i t y banks .
2 / A v e r a g e of range 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 i n s e c o n d a r y market.
3/ 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 .
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 b o r r o w i n g s and b a n k - r e l a t e d commercial p a p e r .
5 / for
Sometimes
Digitized
FRASERr e f e r r e d t o as t h e " a d j u s t e d c r e d i t p r o x y " . 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 commercial
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 s o u r c e s .
On May 12 b a n k - r e l a t e d
http://fraser.stlouisfed.org/
c o m m e r c i a l paper amounted t o $ 1 , 7 4 1 m i l l i o n .

Federal Reserve Bank of St. Louis