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7 'MV FEDERAL H.9, ••••• T R c v . 6/70). /3? RESERVE statistical r e l e a s e For immediate release September 30, 1971 WEEKLY SUMMARY OF BANKING AND CREDIT MEASURES (Averages of daily figures) Week ended Sept.29 Sept.22 4 weeks ended Sept.29 Sept. 1 j Year-ago data 4 wks . ended Sept.30 1 Week ended Sept.30 Marginal Reserve Measures & Interest Rates (NSA) Member bank borrowings ($ mil.) Free or net borrowed (-) reserves ($ mil.) Federal funds rate Dealer loan rate _1 / 3-month Treasury bill rate >.',*• 3-month CD rate (secondary market) 2/ 3-month Euro-dollar rate U.S. Government bond rate _3/ Reserve ARKregates ($ bil.. SA) "\ 426 -73 5.43 5.72 4.71 5.62 8.21 6. 06 328 -101 5.46 5.79 4.76 5.66 8.21 6.08 494 -231 5.55 5.86 4.70 5.61 8.32 6.05 812 -646 5.56 5.85 4.86 5.75 8.46 6.24 • 661 -389 6.05 6.81 5.81 7.13 8.18 6.80 596 -347 6.25 7.06 6.11 7.36 8.05 6.88 4/ Total reserves Nonborrowed reserves Required reserves 32.3 31.9 31.9 31.8 31.6 31.7 Week ended Sept.22 Sept.15 32.2 31.7 31.9 31.6 30.9 31.5 4 weeks ended Sept.22 Aug. 25 29,3 28.7 29.0 29.3 28.7 29.1 Week ended 4wks.ended Sept.23 Sept.23 Monetary Aggregates ($ bil., SA) Total member bank deposits Total member bank deposits plus nondeposit items 5/ Money supply (currency & demand deposit components) Time deposits, all commercial banks U.S. Government demand deposits, member banks 348.6 352.8 227.2 261.8 5.1 350.2 353.9 227.1 260.6 8.0 349.7 353.6 227.5 260.5 7.2 346.4 350.3 228.1 257,9 5.7 307.9 324.0 212.4 219.4 6.2 307.5 324.6 212.6 217.4 6. 6 JL/ Unweighted average rates on loans posted by major New York City banks. 27 Average of range of offering rates on negotiable certificates of deposit with 3-month maturity in secondary market. 3/ Daily average yield on 20-year bonds. 4/ Includes required reserves against Euro-dollar borrowings and bank-related commercial paper. _5/ Sometimes referred to as the "adjusted credit proxy". Includes member bank deposits, bank-related commercial paper, Euro-dollar borrowings of U.S. banks, and certain other nondeposit sources. On Sept. 22 bank-related http://fraser.stlouisfed.org/ commercial paper amounted to $1,846 million. Federal Reserve Bank of St. Louis
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