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FEDERAL
H.9
(Rev. 4 / 7 2 )

RESERVE

statistical

release

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

For Immediate Release
September 7, 1972

Percent Change (Seasonally Adjusted Annnal Rat-es)
Week ended
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 Deposits
Monetary Aggregates

33.81
32.98
32.99
31.44
Aug*.
241.2

Mg (M^ plus 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)
Adjusted 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
Other Reserve Measures & I n t e r e s t Rates
Member bank borrowings ($ m i l . )
Free or net 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
9 0 t l l 9 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/

($ Bil
33.60
33.10
33.28
30.88
IA u g ^
($
240.4

4 Wks . ended
SA)
33.52
33.01
33.15
30.81

33.28
33.06
33.13
30.46

4 Wks . ended
1 Aug. ? .
240.7

240.0

499.7
498.3
498.5
495.6
390.1
388.7
389.2
386.7
298.9
297.5
297.1
294.0
3.5
3.1
4.6
5.1
Week ended
4 Wks. ended
S e p t . 6 1 Aug. 30
Sept. 6 | Aug. 9
(NSA)
838
-3
4.89
4.60
5.00
4.98
5 .49
5.99

477
-197
4.90
4.33c
4.85
4.92
5.44
5.95

512
-137
4.85
4.21
4.84
4.88
5.48
5.95

Average of 4 Weeks Ended S e p t . 6, 1972 from 4 Week Averages
13 weeks previous | 26 weeks previous I 52 weeks previous
6.2
1.1
4.3
10.6

10.6
9.6

8.6
10.0
8.1
7.9

Average of 4 Weeks Ended
Aug. 30,197? from 4 Week Averages
13 weeks previ
I 26 weeks previous I 52 weeks previous
8.5
9.7
8.7
13.5

9.5
12 .1
13.4

9.7
10.7
15.4

249
-99
4..57
3..90
4.,76
4..78
5..57
5..98

NSA--Not S e a s o n a l l y A d j u s t e d .
SA--Seasonally A d j u s t e d .
1/ 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 Available t o Support P r i v a t e Nonbank Deposits are
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 ,savings 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 .
2/ 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 paper, 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.
3/ On
Aug. 30
b a n k - r e l a t e d commercial paper amounted t o $ 2,373 m i l l i o n .
4 / 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 in secondary market.
5J D a i l y average y i e l d on 20-year bonds. Source: 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 , not compounded.
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