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4/72L

K.

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

For Immediate Release
November 7, 1975

p e r c e n t Change ( S e a s o n a l l y A( j u s t e d Annual Rnr.es)—
Week ended
Reserve A g g r e g a t e s 1/
Total reserves
Noriborrowed r e s e r v e s
Required r e s e r v e s
Reserves A v a i l a b ^ t o Support P v t . Nonbank D e p o s i t s

34.94
34.88
34.09*
33.40

4 Wks . ended

($ B i l . ,
34.68
34.58
34.39
32.88 .

SA)
34.70
34.56
34.33
32.89.

Week ended
Monetary A g g r e g a t e s
(Currency p l u s demand d e p o s i t s )
Mg (M^ p l u s time d e p o s i t s a t commercial banks
o t h e r than l a r g e time CD's)
A d j u s t e d c r f t d i t proxy U •.
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
Other Reserve Measures & I n t e r e s t Rates
Member b^nk b o r r o w i n g s ($ m i l . )
Includes seasonal borrowings of:
F e d e r a l funds r a t e
3-month T r e a s u r y b i l l ' r a t e
90-119 day d e a l e r p l a c e d commercial paper r a t e •
3-month CD r a t e ( s e c o n d a r y market)
m a r t - 1 —'
hJ
3-month E u r o - d o l l a r r a t e
U.S. Government bond r a t e 5/

4 Wks . ended

292.•9v

($ BI:L., SA)
293.8
294.3

657.,6
507..0
446, .0
2,.3

659.0
508.7
445.7
3.5

5
67
43
5.17
5.52
5.88
8.18

1 Oct. 29
95
61
5.65
5.66
5.93
6.16
6.64
8.24

34.71
34.33
34.53
32.75

Average of 4 Weeks Ended Nov. 5. 1975
13 weeks prev
26 weeks p r e v i o u s
-1.3
0:0
-3.4
0.1

Average of 4 Weeks Ended o c t . 29. 1975
13 weeks p r e v i o u s
| 26 weeks p r e v i o u s

294.5.

656.0
658.0
507.6
505.8
440.8
445.5
3.2
3.0
4 Wks. ended

-1.5
-1.7
-2.5
-0.7

from 4 Week Averages
I 52 weeks p r e v i o u s
-0.9
2.9
-1.5
-1.2
from 4 Week Averages
52 weeks previous
4.3

4.6
1.9
5.6

8.3
4.0
8.1

(NSA)
140
58
5.59
5.79
6.14
6.37
6.84
8.27

385
68
6.25
6.41
6.82
7.07
7.66
8.57

N5A--Not S e a s o n a l l y A d j u s t e d .
S A - - S e a s o n a l l y Ad j u s t e d .
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 ^ a n d . b a n k - r e l a t e d commercial p a p e r . Reserves A v a i l a b l e to Support P r i v a t e Nonbank D e p o s i t s a r e
1/
r e q u i r e d r e s e r v e s f o r p r i v a t e demand d e p o s i t s , t o t a l time and s a v i n g s d e p o s i t s , n o n d e p o s i t s o u r c e s s u b j e c t to r e s e r v e r e q u i r e m e n t s and excess r e s e r v e s .
Reserve a g g r e g a t e s r e f l e c t changes i n R e g u l a t i o n D. Per c e n t annual r a t e s of growth f o r r e q u i r e d r e s e r v e s and o t h e r r e s e r v e a g g r e g a t e s have been
a d j u s t e d t o remove t h e e f f e c t of t h e s e s t r u c t u r a l c h a n g e s .
,
I n c l u d e s member bank d e p o s i t s , loans s o l d t o b a n k - r e l a t e d i n s t i t u t i o n s , E u r o - d o l l a r borrowings of U.S. b a n k s , and c e r t a i n n o n d e p o s i t i t e m s .
On October 29 , 1975 b a n k - r e l a t e d commercial paper amounted to $8,744 m i l l i o n .
Average of range of o f f e r i n g r a t e s of 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 t h r e e month m a t u r i t y in Ke.-.ondary m a r k e t .
Daily average y i e l d on 2 0 - y e a r bondst S o u r c e : U.S. T r e a s u r y .
NOTE: A l l p e r c e n t a g e changes a r e a t s e a s o n a l l y a d j u s t e d a n n u a l r a t e s , not compounded.