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F E D E R A L

4/72)

.x

Reserve Aggregates 1/
Total reserves
Nonborrowed 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 l e t o Support P v t . Nonbank D e p o s i t s

Monetary Aggregates
M. (Currency p l u s demand d e p o s i t s )
ML (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 e d i t proxy 2/
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

R E S E R V E

statistical

release

For Immediate Release

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

October 26, 1972

P e r c e n t Change (Seasonal 1v Ad Itishp.d An n n f l l
4 Wks . ended
Oct. 25 I S e p t . 27
act . ?5 I Oct. 18
r
( $ B i l . , SA)
33.80
33.80
33.82
A.33
33.39
33.24
32.87
32 .74
33.79
33.57
33.44
33.12
30.79
31.01
31.19
30.92
Oct18

I Oct. 11

($

242 .6

O c t . 25 1 Oct. 18

4 Wks . ended
Oct. 18 ISept. 20 "
1 . , SA)
241.9

Average of 4 Weeks Ended Oct. 25, 1972
13 weeks previous I 26 weeks- previous
8.4
3.8
7.6
8.9

7.1
4.3
6.9
8.1

RflhP.s)

trom 4 Week Averages
1 52' weeks previous
9.6
9.1
9.4
8.6

Average of 4 Weeks Ended Oct. 18, 1972 from 4 Week Averages
13 weeks previous | 26 weeks previous | 52 weeks previous
5.4

6.3

6,3

8.1
10.3
13.4

9.1
10.2
15.0

10.2
11.3
15.3

4 Wks. ended
Oct. 25 [Sept. 27 "

Other Reserve Measures & I n t e r e s t Rates
Member bank borrowings ($ m i l . )
F r e e or n e t borrowed ( - ) r e s e r v e s ($ m i l . )
F e d e r a l funds r a t e
3-month .Treasury b i l l r a t e
90-119 day d e a l e r placed commercial paper r a t e 3/
3-month CD r a t e (secondary market) 4 /
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/
SA--Seasonally A d 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 borrowings and 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 t o Support P r i v a t e Nonbank Deposits a r e
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 , nondeposit sources s u b j e c t t o 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 .
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 borrowings of U.S. banks, and c e r t a i n o t h e r nondeposit items.
On October 18 b a n k - r e l a t e d commercial paper amounted t o $2,498 m i l l i o n .
Average 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 with 3-month m a t u r i t y i n secondary market.
D a i l y a v e r a g e y i e l d on 20-year bonds. 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 annual r a t e s , n o t compounded.