View original document

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

FEDERAL RESERVE

•Mm*.

statistical release
For Immediate Release

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

H. 9 (511)

Per cent Change (Seasonally Adjusted Annual Rates)

Levels
Week ended
4 Weeks ended
Oct. 17 | Oct. 10 I Oct. 17 I Sept. 19
($ Bil., SA)

Reserve Aggregates^
Total reserves
Nonborrowed reserves
Required reserves
Monetary Base?/

42.22
40.69

42.00
41.07

41.97
40.79

41.33
39.97
41.06
151 .*21
151.Q2
149.6
Week ended
4 Weeks ended
Oct. 10 1 Oct. 3 1 Oct. l o l Sept. 12
19 Bil., SA)

lit?

Monetary Aggregates

October 18, 1979

Average of 4 weeks ended Oct. 17, 1979
13 weeks previous |26 weeks previous

from 4 week averages
| 52 weeks previous

1.3
7.1
13.5
1.7
5.8
15.5
1.0
6.9
13.8
7.4
9.7
12.7
Average of 4"weeks ended Oct. 10, 19^9
from 4 waeks averages
13 weeks previous
| 26 weeks previous j 52 weeks previous

1L (Currency plus demand deposits)
MI (M plus time deposits at commercial banks
other than large time CD's)
Time deposits, all commercial banks

383.2

380.4

379.7

376.0

10.3

11.0

5.1

941.9
648.6

937.4
646.2

936.0
645.4

926.7
637.4

12.2
14.4

12.2
8.4

7.8
8.5

Other Reserve Measures & Interest Rates

Week ended
4 Weeks ended
Oct. 17 | Oct. 10
Oct. 17 | Sept. 19
(NSAT

Member bank borrowings ($ mil.)
Includes seasonal borrowings of:
Federal funds rate
3-month Treasury bill rate
90-119 day dealer placed commercial paper
3-month CD rate (secondary market) 3/
3-month Euro-dollar rate
U.S. Government bond rate 4/
USA—not seasonally adjusted
I/

1530
151
13.,22
11,,61
13.,29
13,,59
14,.71
9.,94

938
139
12.00
11.21
12.43
12.94
13.86
9.60

1187
162
12.19
10.80
12.29
12.61
13.50
9.52

1362
180
11.21
10.09
11.29
11.60
12.43
9.13

SA—seasonally adjusted

nc u es requ red 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 reserves aggregates have been adjusted to remove the effect of these structural changes.
2/
nc u es tota 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.
2/ On Oct. 10, 1979, bank-related commercial paper amounted to $20,579 million.
4/ Yield at 20r-year
constant maturity.
source:
Treasury
-T #
— — —— ——
y
•
W
W
W
*
,U.S.
VVf
w • W • 4
L
^
O
O
U
i
m
j
NOTE: All percentage changes are at seasonally adjusted annual rates, not compounded.