Full text of U.S. Financial Data : April 24, 1986
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
RESEARCH LIBRARY
Federal Reserve Bank
_.£l.LS Financial Data
i.3
MAY 0 5 1986
April 24, 1986
The discount rate is the interest rate charged to banks and certain other financial
institutions on funds borrowed from the Federal Reserve System. The Federal
Reserve Board reduced this interest rate by 50 basis points effective Monday,
April 21. At its new level of 6.50 percent, the discount rate is lower than it
has been since early-May of 1978.
Recently, both short-term and long-term interest rates have been falling. Since
the beginning of February, for example, both the 3-month Treasury bill rate
and the interest rate on corporate Aaa bonds have declined by about 110 basis
points (see pages 6 and 7). In announcing their decision, the Federal Reserve
Board indicated that the change was technical and designed to place the dis
count rate in a more appropriate relationship with the prevailing level of market
interest rates.
—Gary J. Santoni
the
FEDERAL
A KKSERU
ItWkol'
ST.KH LS
views expressed do not necessarily reflect official positions of the Federal Reserve System.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
2
ADJUSTED MONETARY BASE
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED BY THIS BANK
BILLIONS OF DOLLARS
BILLIONS OF DOLLARS
2 44
242
237.8
238.4
240
239.8
238
236
234
228
226
224
222
I I I I
13 27 10 24
MAR
8 22
9 19
3 17 31
14 28 11 29
AUG
APR
SEP
9 23
8 20
4 18
NOV
DEC
I
12 26
19 29 12
FEB
0 25
7 21
MAR
LATEST PLOTTED RESERVE MAINTENANCE PERIOD ENDING« APRIL 23, 1986
S OF FINANCIAL INSTITUTIONS AT FEDERAL
... ^_____ __________________________ ’ THE PUBLIC AND IN THE VAULTS OF ALL
DEPOSITORY INSTITUT IONS) AND AN ADJUSTMENT FOR RESERVE REQUIREMENT RATIO CHANGES.
THE MAJOR
SOURCE OF THE ADJUSTED MONETARY BASE IS FEDERAL RESERVE CREDIT.
DATA ARE COMPUTED BY THIS
BANK. A DETAILED DESCRIPTION OF THE ADJUSTED MONETARY BASE IS AVAILABLE FROM THIS BANK.
RECENT DATA ARE PRELIMINARY.
ADJUSTED MONETARY BASE
COMPOUNDED ANNUAL RATES OF CHANGE.
AVERAGE OF TWO MAINTENANCE PERIODS ENDING
4/24/85
7/17/85
9/25/85 10/23/85 11/20/85 12/18/85
■
1/29/86
2/26/86
11.0
9.0
5.0
TO THE AVERAGE OF
TWO MAINTENANCE
PERIODS ENDING:
9/25/85
10/23/85
11/20/85
12/18/85
1/29/86
2/28/86
3/26/86
4/23/86
9.5
8.6
8.2
8.a
7.7
0.6
8.3
B.O
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
7.2
6.8
8. 1
6.6
7.9
7.6
7.3
4.6
7.7
5.6
7.6
7.2
6.9
9.6
6.1
8.5
7.8
7.4
6.4
9.4
8.4
7.8
7.5
6.8
6.4
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
MONEY STOCK (Ml )
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED
BILLIONS OF DOLLARS
MAR.
10
BILLIONS OF DOLLARS
637.7
638.7
639.5
640.3
645.9
641.5
IS 27 10 24
MAY
8 22
5 10
2 18 SO 14 28 11
JUN
OCT
29
B 29
NOV
8 20
5 17
JAN
FEB
S 17 SI
14 28 12 28
APR
MAY
LATEST DATA PLOTTED WEEK ENDING; APRIL 14, 1986
CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE.
^pAI.J^aMv^”^0 BY THE N0NBANK PUBLIC’DEMAND D£P0S,TS'0THER CHECKABLE
MONEY STOCK (Ml )
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
4/15/85
7/15/85
14.8
13.9
13.0
13.3
12.7
1 1.3
11.7
11.8
13.4
11 .9
12.7
1 1.9
10.0
10.7
10.9
9/16/85 10/14/85 11/11/85 12/16/85
1/13/88
2/17/86
7.3
9.1
14.5
TO THE AVERAGE
OF FOUR WEEKS
ENDING:
9/16/85
10/14/85
11/11/85
12/16/85
1/13/86
2/17/86
3/17/86
4/14/86
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8.1
10.8
10.0
7.9
9. 1
9.6
11.7
10.4
7.7
9.1
9.7
11.8
7.8
9.5
10.2
3.9
7.4
8.7
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
3
4
MONEY MULTIPLIERi/
CURRENCY COMPONENT OF MONEY STOCK v
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED
RATIO
Ml MULTIPLIER
II
28
• 22
e 20
9 ir
I
18 20 12 26
0 29
7 21
4 10
OCT
NOV
2 16 90 19 27 10 24 10 24
JAN
FEB
1085
7 21
8 10
APR
MAY
1086
LATEST DATA PLOTTED TWO WEEKS ENDING* APRIL 7, 19
BILLIONS OF DOLLARS
178
BILLIONS OF DOLLARS
ANNUAL RATES
AVERAGE OF
FOUR
APRIL 14, I
THE FOUR WEEK!
FEB.
176
174
I
172
I,
1985
CURRENCY
170
168
166
1086
MAR.
BILLIONS
)i
164
162
160
I I I I I I I I I I I I
4 16
I
18 20 19 27
MAY
10 24
0 22
8 10
2 16 90 14 26 11
OCT
JUN
28
0 29
NOV
6 20
9 17
JAN
FEB
9 17 91
14 26 12 26
APR
MAY
1085
LATEST DATA PLOTTED WEEK ENDING* APRIL 14, 1086
1/ RATIO OF MONEY STOCK (Ml ) TO ADJUSTED MONETARY BASE
2/ CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS" H.6 RELEASE.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
0
TOTAL CHECKABLE DEPOSITS
AVERAGES OF DAILY FIGURES
StASUNALLY ADJUSTED
BILLIONS OF DOLLARS
480 rz--------.------------- 1------
BILLIONS OF DOLLARS
BILLIONS
458.1
458.8
459.5
465.8
461.5
4 18
I
IS 29 MAY
13 27 JUN
10 24
8 22
S 19
2 16 30 14 28 11 2S
OCT
NOV
9
6 20
JAN
3 17
FEB
3 17 31 14 28 12 28
APR
MAY
LATEST DATA PLOTTED WEEK ENDING: APRIL 14, 1086
DEPOSITORY^WST|TUTK)NSS IS ^ SUM ^ DEMAND DEPOSITS AM) OTHER CHECKABLE DEPOSITS AT ALL
TOTAL CHECKABLE DEPOSITS
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
4/15/85
7/15/85 0/16/85 10/14/85 11/11/85 12/16/85 1/13/86 2/17/86
TO THE AVERAGE
OF FOUR WEEKS
ENDING;
0/16/85
10/14/85
11/11/85
12/16/85
1/13/86
2/17/86
3/17/86
4/14/86
17.2
16.2
14.8
15.4
14.7
12.6
13.2
13.4
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
15.5
13.3
14.5
13.6
10.8
11.8
12.2
8.5
12.4
11.4
8.2
9.8
10.6
13.2
11.7
7.6
9.7
10.6
14.1
8.0
10.4
11.4
2.3
7.3
9.3
6.8
9.5
17.7
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
5
6
YIELDS ON SELECTED SECURITIES
AVERAGES OF DAILY RATES
PERCENT
13.0
11.0
10.0
RATE
9.0
MUNIC
8.0
I I I I
I
15 29 12 26 10 24
7 21
5 10
JUN
JUL
2 l« SO IS 27 II
SEP
25
8 22
6 20
3 17 91
14 28 14 28 II
FEB
OCT
MAR
25
0 23
APR
LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING* APRIL 25, 1986.
1680
MAR.
APR.
MAY
7
14
21
28
4
1 1
18
25 *
2
9
16
23
30
90 DAY
CD'S
30-DAY
COMMERCIAL
PAPER
90-DAY
BANKERS'
ACCEPTANCES
CORPORATE
Aaa BONDS
CORPORATE
Baa BONDS
MUNICIPAL
BONDS MK
7.46
7.19
7.17
7. 16
7.02
6.62
6.44
6.44
7.52
7.20
7.22
7.25
7.22
6.83
6.57
6.55
7.29
7.08
7.05
7.03
6.82
6.48
6.32
6.42
9.08
8.98
9.03
8.94
8.74
8.75
8.66
8.81
10.59
10.50
10.50
10.42
10.28
10.24
10.13
10.04
6.88
6.89
7.34
7.21
7.15
7.25
7. 16
N. A.
NOTEi CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.I5 RELEASE.
BOND^UYER' S*IvIrAGE'*1NDEX OF 20 MUNICIPAL BONDS, THURSDAY DATA
N.A. - NOT AVAILABLE
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
*
..
SELECTED
INTEREST RATES
AVERAGES OF DAILY RATES
PERCENT
12.0
11.0
TREASURY
ITIES
10.0
DISCOUNT RATE
TREASI
1
15 20 12 26 tO 24
7 21
5 10
JUN
JUL
2 16 SO IS 27
SEP
II
25
8 22
6 20
S 17 SI
OCT
14
FEB
14 26 II
MAR
25
0 25
APR
LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING. APRIL 25, 1986.
1986
MAR.
APR.
MAY
7
14
21
28
4
1 1
18
25 X
2
9
16
23
30
FEDERAL
FUNDS MB*
3-MONTH
TREASURY
BILL
6-MONTH
TREASURY
BILL MB*
1-YEAR
TREASURY
BILL
5-YEAR
TREASURY
SECURITIES
LONG-TERM
TREASURY
SECURITIES
7.89
7.52
7.47
7.25
7.39
7.05
6.97
6.92
6.79
6.59
6.49
6.39
6.31
6.07
5.84
5.97
6.87
6.54
6.55
6.43
6.32
6. 17
5.93
5.87
6.76
6.59
6.57
6.46
6.27
6.03
5.85
5.97
7.66
7.40
7.46
7.36
7.22
7.04
6.80
6.84
8.35
8. ir
8.20
8.01
7.66
7.62
7.42
7.57
NOTE.
CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.15 RELEASE EXCLUDING LONG-TERM TREASURY
« AWBAlfiUaiT^lef<iSi,..A?I,^CIMPUTED 0Y THIS BAM<TREASWY BILL YIELDS ARE ONA DISCOUNTBASIS.
{Sjui^nrrT^ivrni:-?88^?.t4K Z**'**3 ™° DAYS EARLIER THAN DATE SHOWN
*010* AUCTI ON AVERAGE l DISCOUNT )
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
7
8
COMMERCIAL BANK
SMALL TIME DEPOS I TS 1/
LARGE TIME DEPOSITS*/
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED
BILLIONS OF DOLLARS
MAR.
405
BILLIONS OF DOLLARS
415
10
—
SMALL TIME DEPOSITS
LATEST DATA PLOTTED WEEK ENDING: APRIL 14, 1!
BILLIONS OF DOLLARS
MAR.
10
17
24
BILLIONS OF DOLLARS
286.8
287.7
287.0
LARGE TIME DEPOSI
4 18
I
19 28 IS 27 10 24
MAY
8 22
8 18
JUN
2 18 90 14 28 II
OCT
28
8 29
NOV
1985
6 20
9 17
JAN
FEB
9 17 91
14 28 12 28
APR
MAY
1986
LATEST DATA PLOTTED WEEK ENDING. APRIL 14, 1086
1/ TIME DEPOSITS ISSUED IN DENOMINATIONS OF LESS THAN 8100,000
2/ TIME DEPOSITS ISSUED IN DENOMINATIONS OF 8100,000 OR MORE
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
?
COMMERCIAL BANK
TOTAL TIME DEPOSITS
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED
1
(
|r r r r
E
805
M ill
r
“
—
-
1
1
1
iaafi
billions
MAR. 10 801.0
17 802.4
24 802.1
31 801.3
APR. 7 802.4
1 11
805
BILLIONS OF DOLLARS
810
|
BILLIONS OF DOLLARS
810
E
795
E
E
E
1111
785
E
\
/
V
Ijul
4
IS
MAR
780
uni
n
r
/
VP*
.1 1 LL 1 1 1
I
IS 20 IS 27
APR
MAY
1 1 1
1 1 1 1
JUN
JUL
10 24 S 22
1 1 1
S 10
AUG
1085
1 1 1 1
111
111.2S■ill
1
0 23
2 IS 90 14 20 II
SEP
OCT
NOV
DEC
111. 9111
17
1 II 1 JXL J_LL
9 17 91 14 2S 12 20
JAN
MAR
1988
0 20
FEB
APR
MAY
LATEST DATA PLOTTED WEEK ENDINGt APRIL 14, 1986
TOTAL TIIC IS THE SUM OF SAVINGS DEPOSITS, SMALL TIME DEPOSITS AND LAROE TIME DEPOSITS.
TOTAL TIME DEPOSITS
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
4/15/85
7/15/85
9/16/85 10/14/85 11/11/85 12/16/85
1/13/86
2/17/86
TO THE AVERAGE
OF FOUR WEEKS
ENDING:
9/18/85
10/14/85
11/11/85
12/16/85
1/13/86
2/17/88
3/17/86
4/14/88
-0.6
0.4
0.8
1.5
2.7
4. 1
3.4
3. 1
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
2.2
2.5
3.3
4.8
6.5
5.2
4.7
4.7
5.2
7. 1
9. 1
6.9
5.9
4.8
7.4
9.7
7.0
5.9
9.3
11.6
7.8
6.4
14.9
8.6
6.5
6.4
4.5
-2.2
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
9
10
BORROWINGS FROM FEDERAL RESERVE BANKS
AVERAGES OF DAILY FIGURES
BILLIONS OF DOLLARS
6.0
ILL IONS OF DOLLARS
---------- ---MAR.
10
TOTAL BORROWINGS
LATEST DATA PLOTTED WEEK ENDINGt APRIL 23. 1086
BILLIONS OF DOLLARS
MAR.
BILLIONS OF DOLLARS
10
ADJUSTMENT + SEASONAL
BORROWINGS
6 20
3 17
MAR
APR
I
15 20 12 20 10 24
7 21
4 10
2 16 SO 13 27 II
NOV
25
0 22
5 10
5 10
2 10 30 14 20
DEC
LATEST DATA PLOTTED WEEK ENDINGt APRIL 23. 1086
1/ 03.767 FOR 11/27/85
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS
MMDAS, MMMFS AND SUPER NOWS
(BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED)
HMDAs 1/
February
March
April
MMMFs 2/
*336.7
337.7
338.4
339.7
340.3
340.5
341.1
344.9
346.1
17
24
3
10
17
24
31
7
14
Super NOWs 3/
*248.1
248.8
249.9
252.6
255.5
258.7
260.5
261.9
267.4
*66.9
66.8
67.5
69.0
68.5
68.1
68.6
N.A.
N.A.
1/ Money market deposit accounts at commercial banks
2/ Total money market mutual fund balances
3/ NOW accounts at all depository institutions eligible to
earn more than 5.25
percent
BUSINESS LOANS u
( COMMERCIAL AND INDUSTRIAL )
WEEKLY REPORTING LARGE COMMERCIAL BANKS 27
SEASONALLY ADJUSTED BY THIS BANK
BILLIONS OF DOLLARS
265 ---------- 1---------- 1-------- -
BILLIONS OF DOLLARS
------------------- ----------- 265
COMPOUNDED ANNUAL RATES
- OF CHANGE. AVERAGE OF
THE.FOUR *EEKS ENDING
APRIL 9, 1986 FROM
- THE FOUft WEEKS ENDING*
FEB.
- JAN.
DEC.
_ NOV.
OCT.
JUL.
- APR.
12,
8,
II,
6,
9,
10,
10,
1986
1986
1085
1985
1985
1985
1985
13.3
8.0
6.8
7.3
6.0
3.6
1.7.
MILLIONS
APR.
2
1.1 I 1 I
18
MAR
APR
MAY
JUN
JUL
AUG
2 10 90 13 27
SEP
NOV
II
29
8 22
DEC
5 10
5 19
FEB
MAR
261,992
259,361
260,309
1111 1 I
» 16 30 14 28
1985
LATEST DATA PLOTTED WEEK ENDING* APRIL 9, 1
1/ BUSINESS LOANS INCLUDE BANKERS' ACCEPTANCES AND COMMERCIAL PAPER.
2/ BANKS WITH DOMESTIC ASSETS GREATER THAN 81.4 BILLION
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
PREPARED BY FEDERAL RESERVE BANK OP ST. LOUIS
11
@FedFRASER