View original document

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

F E D E R A L
u,,s
H.9
(Rev. 6/70-)

R E S E R V E

statistical

release
For immediate r e l e a s e

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

Week ended

\

.

September

S e p t . 15

Sept. 8

S e p t . 15

457
-191
5.59
5.91
4.76
5.60
8.09
6.06

765
-541
5.73
6.03
4.56
5.55
8.76
5.99

675
-444
5.60
5.92
4.63
5.62
8.64
6.09

17, 1971

\!
Year-ago data
Week ended 4 wks . ended
S e p t . 16 S e p t . 16

Aug. 18

M a r g i n a l R e s e r v e M e a s u r e s & I n t e r e s t R a t e s (NSA)
Member bank b o r r o w i n g s ($ m i l . )
f r e e or n e t borrowed ( - ) r e s e r v e s ($ m i l • )
Federal funds r a t e
D e a l e r l o a n r a t e 1J
3-month T r e a s u r y b i l l r a t e
3 - m o n t h CD r a t e ( s e c o n d a r y m a r k e t ) 2 /
3-month E u r o - d o l l a r r a t e
U . S . Government bond r a t e
3/
R e s e r v e A g g r e g a t e s ($ b i l . . SA)

-

500
-144
6.46
7.23
6.33
7.48
8.10
6.95

646
-374
6.48
7.19
6.33
7.55
8.04
7.00

4/
32.2
31.8
32.1

Total reserves
Nonborrowed r e s e r v e s
Required r e s e r v e s

f
Monetary A g g r e g a t e s ($ b i l . ,

770
-582
5.53
5.79
5.25
5.83
o
7.38
6.38

32.0
31.3
31.8

32.3
31.7
32.1

Week ended
Sept,
Sept. 8

1

31.6
30.9
31.4

4 weeks ended
Sept. 8
Aug. 11

29.5
29.0
29.1

29.1
28.5
28,8

Week ended 4 w k s . e n d e d
Sept. 9
S e p t . 9•

SA)

T o t a l member bank d e p o s i t s
T o t a l member bank d e p o s i t s p l u s n o n d e p o s i t i t e m s 5./
Money s u p p l y ( c u r r e n c y & demand d e p o s i t c o m p o n e n t s )
Time d e p o s i t s , a l l c o m m e r c i a l banks
U . S . Government demand d e p o s i t s , member banks

349.9
353.7
227.1
260.3
7.5

349.9
353.9
227.4
259.1
8.0

349.2
353.0
227 .8
259.0
7.4

344.1
348.3
227.5
257.3
4.2

307.1
324.3
212.7
21.7.0
7.1

305.5
323.7
212.5
1214.9
6.8

SA -a S e a s o n a l l y a d j u s t e d .
- Not s e a s o n a l l y a d j u s t e d .
Unweighted a v e r a g e r a t e s on l o a n s p o s t e d by m a j o r New York C i t y b a n k s .
Average of r a n g e 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 f i c a t e s of d e p o s i t w i t h 3-month m a t u r i t y i n s e c o n d a r y m a r k e t .
D a i l y a v e r a g e y i e l d on 2 0 - y e a r b o n d s .
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 and b a n k - r e l a t e d commercial p a p e r .
Sometimes r e f e r r e d t o as t h e " a d j u s t e d c r e d i t p r o x y " .
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 c o m m e r c i a l
Digitized forp aFRASER
p e r , E u r o - d o l l a r b o r r o w i n g s of U. S. banks and c e r t a i n o t h e r n o n d e p o s i t s o u r c e s . On S e p t . 8 b a n k - r e l a t e d
http://fraser.stlouisfed.org/
commercial p a p e r amounted t o $ 1 , 7 1 1 m i l l i o n .
NSA
JL/
2,/
3/
4/
5/

Federal Reserve Bank of St. Louis