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

For Immediate Release
.

.-, 1

Percent Change
Reserve Aggregates

1/

"

Total reserves
Noriborrowed reserves
Required reserves
Reserves Available to Support Pvt. Nonbank Deposits

Mav 21
34.68
34.55
34.61
32.76

4 Wks . ended
I Mav 14
May 21
Apr. 23
($ Bil., SA)
34.52
34.50
34.53
32,70

34.89
34.79
34.73
32.90

35.02
34.95
34.85
33.13

\ W k s . ended
Monetary Aggrefea&es
(Currency plus demand deposits)
( M i P l u s t i m e deposits at commercial banks
other than large time CD's)
Adjusted credit proxy 3J
Time deposits, all commercial banks
U.S. Government demand deposits, member banks

Other Reserve Measutes & Interest Rates
MemBer bank borrowings ($ mil.)
Includes seasonal borrowings of:
Federal funds rate
3-month Treasury bill rate
90-119 day dealer placed commercial paper rate โ€”
3-month CD rate (secondary market) A'
3-month Euro-dollar rate
U.S. Government bond rate โ€” '
N5A--Not Seasonally Adjusted.
1/

Mav 14
289.0

Mav 14 " 1 Apr. "16
($ Bil., S A )
287.8

636.3
.633.0
499.5
499.2
433.2
431.6
1.5
2.0
W e e k ended
Mav 21

-

287.4

-

'632.6
499.0
431.9
1.7

,

May 22, 1975 -

(Seasonally Arii..si-PH t m โ€ž a i

M
Average of 4
Weeks
21. iv/3
1975
" ยป w a nEnded
a e o May
nay zx,
13 weeks previous
| 26 weeks previous

-4.2
-3.8
-3.7
-4.4

-1.1
6 0
-0.9
-2.2

Average of 4 Weeks Ended May 14. 1975
13 weeks previous
| 26 weeks previous

10.0
3.1
4.2

Ra.-PgT~~

from 4 Week Averages
trom
I 52 weeks previous'
1.5
8.2

1.6
2.5
from 4 Week Averages
| 52 weeks previous

7.6
3.8
9.2

7.2
5.5
10.7

I Mav 14
(NSA)
18
8

5.13
5.10
*5.60 $>
5.67
5.9%
8.15

5.20
5.18
5.90 .
5.96
6.50
8.22

104
8

67
6

5. 37
5. 32
5..89
5.,96
6..53
8..27

SA--Seasonally

5.46
5.60
6.11
6.29
7.06
8.34

\dju

Includes required reserve against Euro-dollar borrowings and bank-related commercial paper. Reserves Available to Support Private Nonbank Deposits
are required reserves for private demand deposits, total time and savings deposits, nondeposit sources subject to reserve requirements and excess
reserves. 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.
Includes member bank deposits, loans sold to bank-related institutions, Euro-dollar borrowings of U.S. banks, and certain nondeposit items.
On May 14, 1975 bank-related commercial paper amounted to $8,799 million.
Average of range of offering rates of negotiable certificates of deposit with three month maturity in secondary market.
Daily average yield on 20-year bonds. Source: U.S. Treasury.
All percentage changes are at seasonally adjusted annual rates, not compounded. ^
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