The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL R E S E R V E statistical release For Immediate Release WEEKLY SUMMARY OF BANKING AND CREDIT MEASURES (Averages of daily figures) October 19, 1978 (lev. 9/77) Per cent Change (Seasonally Adjusted Annual RatesT" Levels 4 Weeks ended Week ended Oct. 18 I Sept. 20 Oct. 18 1 Oct. 11 ($ Ml., SA) Reserve Aggregates^ 38.60 37.36 38.65 Total reserves Nonborrowed reserves Required reserves M- (Currency plus demand deposits) Mm (M_ plus time deposits at commercial banks other than large time CD's) Time deposits, all commercial banks U.S. Government demand deposits, member banks Other Reserve Measures & Interest Rates Member bank borrowings ($ mil.) Includes seasonal borrowings of: Federal fund* rate 3-month Treasury bill rate . 90-119 day dealer placed commercial paper 2/ 3-month CD rate (secondary market) 3/ 90-day CD rate (primary offering) kj 3-month Euro-dollar rate U.S. Government bond rate 5/ !/ 38.03 37.12 37.81 4 Weeks ended Week ended Oct. 111 Oct. 4 Oct. 11 | Sept. 13 C$ Bil., SA) Monetary Aggregates ISA—not seasonally adjusted*" 38.59 37.26 38.40 38.58 37.34 38.19 Average of 4 weeks ended October 18, 1978 from 4 week averages 13 weeks previous 126 weeks previous | 52 weeks previous 4.1 4.5 5.0 9.1 3.4 9.3 7.9 7.5 8.0 Average of 4 weeks ended October 11, 1978 from 4 weeks averages 13 weeks previous | 26 weeks previous [ 52 weeks previous 364.0 360.2 361.8 358.7 9.2 9.8 8.2 869.1 591.5 3.6 864.4 591.2 5.2 865.1 590.8 4.6 858.1 586.5 3.1 10.4 10.2 9.5 9.8 8.4 11.9 Week ended 4 Weeks ended Oct. 18 | Oct. 11 Oct. 18 | Sept. 20 mr 1249 220 8.78 7.91 8.97 9.26 9.38 9.91 8.64 1239 209 8.71 8.17 8.83 9.15 9.13 9.74 8.63 1333 212 8.74 8.04 8.74 9.05 8.98 9.66 8.63 905 189 8.32 7.64 8.19 8.40 8.23 8.86 8.41 SA—seasonally adjusted Includes required reserves against Eurodollar borrowings and bank-related co Brcial paper. Reserve aggregates reflect changes in Regulation D. Par cent annual rata# of growth for required reserve* and other reserve aggregates have been adjusted to remove the effect of these structural changes, to October 11, 1978 bank-related commercial paper amounted to 13226 million. __ Simple average of offering rates of negotiable certificates of depoeit with 3-month maturity in secondary market. i Z £°e**d M ^ M - t h e annual Interest rates most often quoted on new offerings of negotiable certificates of deposit in of 9$100,000 or more. 1/ TielC at 20-year constant maturity. Source: TT.S. Treasury ' All percentage changes are at seasonally adjusted annual rates, not compounded. I ::::