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FEDERAL
• f*4L

V3&

RESERVE

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

Reserve Aggreftates^

Week ended
4 Weeks ended
Sept. 27 | Sept. 20j Sept. 27 [ Aug. "30~
($ Bil., SA)

Average of 4 weeks ended Sept. 27, 1978 from 4 week averages
13 weeks previous 126 weeks previous
j 52 weeks previous

37.91
36.99
37.69

38.15
37.11
37.92

37.89
36.77
37.74

Week ended
4 Weeks ended
Sept. 20 | Sept. 13 Sept. 20 j Aug. 23
fS Bil.,
Ril.. SA1
($
SA)

Monetary Aggregates

Member bank borrowings ($ mil.)
Includes seasonal borrowings of:
Federal funds rate
3-month Treasury bill rate
90-119 day dealer placed commercial paper 2/
3-month CD rate (secondary market) 3j
90-day CD rate (primary offering) 4/
3-month Euro-dollar rate
U.S. Government bond rate 5/
NSA—not seasonally adjusted

S

S

a

7.5

10.2

8.1

862.8
590.7
4.9

861.6
589.8
2.6

860.0
588.3
3.4

852.5
582.1
3.2

9.4
9.6

9.4
9.8

8.3
12.1

923
189
8.36
7.92
8.45
8.63
8.50
9.09
8.42

1039
1117
189
191
8.40
8.03
7.82
7.08
8.34
7.83
8.56
8.04
8.42
7.86
9.06
8.47
8.45
8.45

=

All percentage changes are at seasonally adjusted annual rates, not compounded.




Average of 4 weeks ended Sept! 20, 1978 from 4 waeks averages"
13 weeks previous
| ~26 weeks previous | 52 weeks previous

356.7

1559
205
8.62
8.04
8.52
8.83
8.65
9.41
8.59

S

7.5
6.4
7.5

359.6

SAr—seasonally adjusted

S

8.1
4.3
8.0

360.4

1/

S

5.3
7.4
4.4

361.2

Week ended
4 Weeks ended
S e p t . 271 S e p t . 217 Sept. 27 j Aug. 30
(NSA)

Other Reserve Measures & Interest Rates

September 28, 1978

Eer cent Change (Seasonally Adjusted Annual Rates)

38.46
36.90
38.23

M_ (Currency plus demand deposits)
M^ (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

For Immediate Release

Levels

Total reserves
Nkraborrowed reserves
Required reserves

BOTE;

release

•

B.9
(Rev. 9/77)

I S

statistical