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F E D E R A L R E S E R V E statistical release
For Immediate Release

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

8.9(511)

Levels
Week ended

September 20, 1979

Per cent Change (Seasonally Adjusted Annual Rates)

4 Wteks ended

Average of 4 weeks ended Sept. 19. 1979 from 4 week averages
13 weeks previous |Z6 weeks previous
[ 52 weeks previous

Reserve
Total reserves
Nonborrowed reserves
Required reserves
Hnnatary Baaa*'

41.60
41.36
40.93
40.96
39.83
39.70
39.99
39.93
41.33
40.80
41.05
40.77
150.1
149.2
149.6
148.1
Week ended
r iw* a
Sept. 12 I Sept. 5 ISept. 12 I Aug. 15
(9 Bil., SA)

Monetary
M. (Currency plus demand deposits)
MI <M- plus time deposits at corns*ercial 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.)
Include# seasonal borrowings of:
Federal funds rate
3-month Treasury bill rate
.
90-119 day dealer placed com^rcialypmoer^
3-month CD rate (secondary market)*^
3-month Euro-dollar r#ta
U.S. Government bond-7
MSA—not seasonally adjusted

9.9
12.4
11.8

2.8
0.6
0.5
1.1
2.0
0.4
8.2
7.3
Average of 4 weegs ended Sept. 12, 1979 from 4 waeks averages
13 weeks previous
| 26 weeks previous |52 weeks previous

378.1

377,3

376.0

373.1

9.8

9.9

4.9

931.2
640.3

928.8
638.2

926.7
637.4

918.5
630.6

12.3
11.8

11.2
5.3

7.6
7.9

Week ended
4 Weeks ended
Sept. 19 |Sept. T ? Sept. 19 | Aug. 22
0»SA)
1762
207
11.37
10.35
11.76
12.03
12.83
9.20

1230
153
11.30
10.43
11.59
11.84
12.61
9.19

1362
180
11.21
10.09
11.29
11.58
12.43
9.13

1030
173
10.82
9.39
10.20
10.46
11.25
8.95

lillpir

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S A — -eaaonally adjusted

JL/ Include* required reserves against Eurodollar borrowings end bank-related commercial paper. Reserve aggregates reflect changes in Regulation D. Per
. cent annual rates of growth for required reserves and other reserve aggregates have been adjusted to remove the effect of these structural changes.
, total 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 nonmeidber banks.
0,1
If
Sept, 12, 1979, bank-related commercial paper amounted to $19,853 million.
av
il s * e °*
rates of negotiable certificates of deposit with 3-month maturity in secondary market.
1/
at 20-year constant maturity. Source: U.S. Treasury.
Percentage changes are at seasonally adjusted annual rates, not compounded.