Full text of U.S. Financial Data : April 26, 1984
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
RE! Federal Reserve Bank uf UlS. -Financial Data MAY 0 1 1984 April 26,1984 Since the beginning of November 1983, short-term interest rates have drifted upward in a rather steady fashion, resulting in an increase of about 100 basis points. The magnitude of the increase in interest rates on long-term Treasury securities has been about the same as the increase in short-term interest rates. The yields on long-term corporate Aaa bonds, however, have increased by about 70 basis points over the same period (see pages 6 and 7). The recent increase in interest rates, following a period during which interest rates were relatively unchanged, appears to be a response to an increase in loan demand. Business loans at commercial banks, for example, grew at a rate of 15.3 percent from November 1983 through February 1984, compared with a 5.2 percent growth rate from August through November 1983. Similarly, the three-month period from May through August 1983 was characterized by fairly rapid growth in business loans (9.7 percent) relative to a preceding decline in business loans from January through May. As occurred recently, the May through August period also was characterized by a substantial increase in interest rates. —G. J. Santoni THE fe:i»ekyi. A RESERVE >0 RANK of ST.UH1S 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 214 1984 MAR. 21 212 206.2 207.2 208] 3 210 210.6 208 209.3 206 204 202 200 198 2 16 30 13 27 APR II 25 8 22 6 20 5 17 31 MAY M 28 12 28 SEP OCT 7 21 J-Ll-LllLl A 18 V 13 29 DEC JAN S 23 14 28 MAR II 25 0 23 APR 1983 LATEST DATA PLOTTED WEEK ENDINGt APRIL 25, THE ADJUSTED MONETARY BASE: CONSISTS OF: OF ( I ) RESERVE ACCOUNTS OF FIINANCIAL NAN INSTITUTIONS AT iFEDERAL ncasmt * i CURRENCY IN CIRCULATION (CURRENCY ICLD BY inc ruoi-iu inc RESERVE onma, BANKS. i(2)--------------------~ THE PUBLIC ww AND in IN THE ----------------VAULTS OF ALL L DEPOSITORY INSTITUTIONS LAW C3 ) 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 MOMTARY BASE IS AVAIL-----------------------------------------------ABLE FROM THIS BAM RECENT DATA ARE PRELIMINARY ADJUSTED MONETARY BASE COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDINGt 4/27/83 7/27/83 9/28/83 10/26/83 11/23/83 12/28/83 TO THE AVERAGE OF FOUR WEEKS ENDING: 9/28/83 10/26/83 11/23/83 12/28/83 1/25/B4 2/22/84 3/28/84 4/25/84 1/25/84 2/22/84 . 7.8 7.9 8. 1 7.5 7.8 8. 1 8.7 8.5 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7.8 8.2 7. 1 7.7 8. 1 8.9 8.6 9.2 7.0 7.9 8.4 9.5 9. 1 6.2 7.6 8.3 9.6 9.1 6.8 8.0 9.6 9.0 10.8 12.0 10.7 12.5 10.6 10.6 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS MONEY STOCK (Ml ) AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS 545 540 536.0 535 533.4 536.4 530 515 510 505 500 495 490 7 21 4 18 2 18 90 13 27 II 25 8 22 IS 3 17 91 14 28 12 28 NOV LATEST DATA PLOTTED WEEK ENDING: APRIL 16, 9 23 DEC 8 20 5 19 FEB MAR 2 18 30 14 28 1984 CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE. Ml CONSISTS OF CURRENCY HELD BY THE NONBANK BANK DEMAND DEPOSITS HELD THENONBANK PUBLIC CEXCLUDING THOSE PUBLIC HELD BYPLUS FORECOMMERCIAL I GNBA&S ANDOFFICIAL INSTITUTIONS AND OTHER CHECKABLE DEPOSITS OF ALL DEPOSITORY INSTITUTIONS PLUS TRAVELERS' CHECKS. MONEY STOCK (Ml ) COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING: 4/18/83 7/18/83 9/19/83 10/17/83 11/14/83 12/19/83 1/16/84 2/13/84 TO THE AVERAGE OF FOUR WEEKS ENDING: 9/19/83 10/17/83 11/14/83 12/19/83 1/16/84 2/13/84 3/19/84 4/16/84 10.6 9.6 8.8 8.5 8.3 8.5 8.2 7.8 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5.5 5.2 5.4 5.6 6.2 6. 1 5.9 4. 1 4.9 5.3 6.3 6. 1 5.9 5.3 5.7 6.8 6.5 6.1 6.5 7.6 7.1 6.5 8.5 7.4 6.5 7.7 6.5 4.9 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 3 4 MONEY MULTIPLIERi/ CURRENCY COMPONENT OF MONEY STOCK*/ AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED RATIO 2.9 RATIO 2.9 ----------1— 1 1984 RATIO MAR. 12 is§8 2.8 APR. 11 Ml Ml LTIPLI J' 2.4 JlLL .111. . .1 U l .L1.1. II II 1 1 1 1 1 1 in -LLL jjlllj -LLL III -1.1 1 1 JJLL 1 1 1 1 LATEST DATA PLOTTED VCEK ENDlNGt APRIL 16. 1984 BILLIONS OF DOLLARS 154 1 1 BILLIONS OF DOLLARS 154 1 ID 150 COMPOUNDED ANNUAL R> —OF CHANGE, AVERAGE THE FOUR *EEKS END If4G “ APRIL 16, 1984 FROM __ THE FOUR WEEKS END II1 - _ 9 - I 146 150 3.! 5.( 8. 7.4 8.2 O _ 13. 984 16, 984 19. 983 14, 983 17, 983 is | 1983 152 - UJ---- 148 FEB. JAN. DEC. NOV. OCT. r: - V) 152 148 NCY - 146 8ii - 144 - - - - 142 140 140 1 281BILLIONS - - MAP . 158 12 19 26 2 9 16 1 i i i -LI 1 -LLL -LLLL -LLL APR . 136 !lu_ ILL llll ■i.ii T 21 4 19 2 MAR APR 1 1 1 l« 90 19 27 II MAY JUN JUL llll -LLL i.i 11 29 9 22 9 19 AUG 1983 SEP 9 17 91 OCT 14 H 12 N NOV DEC 9 29 JAN 6 20 FEB S 19 MAR 150.6 151.0 — 151.1 _ 150.7 151.2 — 151.8 1i i i i 1i i i! 19 90 14 29 APR MAY LATEST DATA PLOTTED WEEK ENDlNGt APRIL 16, 1984 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 BAM< OF ST. LOUIS 138 136 TOTAL CHECKABLE DEPOSITS!/ AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS 390 BILLIONS. — MAR. 380.4 380.0 377.6 380.2 375 370 365 360 355 350 JUN JUL NOV DEC FEB MAR LATEST DATA PLOTTED WEEK ENDINGt APRIL 16, 1984 1/ DEMAND DEPOSITS PLUS OTHER CHECKABLE DEPOSITS AT ALL DEPOSITORY INSTITUTIONS TOTAL CHECKABLE DEPOS TS COMPOUNDED ANNUAL RATES OF CHANGE, 4/18/83 7/18/83 10.9 9.5 8.3 8. 1 7.6 7.8 7.7 7.4 3.6 2.9 3.8 3.7 4.5 4.9 4.7 AVERAGE OF FOUR WEEKS ENDING: 9/19/83 10/17/83 11/14/83 12/19/83 1/16/84 2/13/84 8.5 6.8 5.3 TO THE AVERAGE OF FOUR WEEKS ENDING: 9/19/83 10/17/83 11/14/83 12/19/83 1/16/84 2/13/84 3/19/84 4/16/84 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 .6 3.5 3.4 4.7 5.2 4.9 4.0 3.7 5.2 5.6 5.3 5. 1 6.6 6.8 6. 1 6.6 6.8 5.9 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 5 6 YIELDS ON SELECTED SECURITIES AVERAGES OF DAILY RATES ENDED FRIDAY PERCENT 15.0 15.0 CORPORATE lAA BONDS PRIME BANK LOAN RATE MUNICIPAL BONDS 4 IS I 15 2fi 13 27 10 24 MAY 6 22 5 10 2 16 30 14 20 II 23 OCT JUN 0 23 NOV 6 20 3 17 JAN FEB 1983 2 10 30 13 27 11 23 APR MAY 1984 LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE KEEK ENDING*. APRIL 27, 1984 1984 MAR. APR. MAY 2 9 16 23 30 6 13 20 27 3K 4 II 18 25 90 DAY CD’S 30-DAY COMMERCIAL PAPER 90-DAY BAMCERS* ACCEPTANCES CORPORATE AM BONDS CORPORATE BM BONDS MUNICIPAL BONDS KX 9.69 9.84 9.99 10.31 10.34 10.40 10.33 10.42 10.47 9.42 9.54 9.73 10.06 10.04 10. 16 10.11 10.23 10.18 9.56 9.68 9.84 10. 16 10. 17 10.23 10.21 10.31 10.33 12.30 12.46 12.58 12.65 12.71 12.74 12.71 12.79 12.93 13.78 13.84 13.97 14. 10 M. 15 14.21 14.22 14.37 14.42 9.86 9.94 9.98 10.01 9.93 10.04 9.97 9.89 N. A. X AVERAGES OF RATES AVAILABLE. 48K BOND BUYER*S AVERAGE IM>EX 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 ENDED FRIDAY PERCENT 14.0 i— PERCENT — 14.0 5-YEAR TREASURY SECURITIES BILL 23 MAY JUN OCT 0 23 NOV 3 20 3 17 JAN FEB 1983 2 IS 30 13 27 APR 11 25 MAY 1984 LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING: APRIL 27, 1984 1984 MAR. 2 9 16 23 30 APR. 6 13 20 27 X MAY 4 11 18 25 FEDERAL FUNDS tm 3-MONTH TREASURY BILL 6-MONTH TREASURY BILL me* 1-YEAR TREASURY BILL 5-YEAR TREASURY SECURITIES LONG-TERM TREASURY SECURITIES 9.62 9.74 9.79 10.04 9.97 10.41 10.13 10.37 9.98 9. 18 9.29 9.43 9.76 9.72 9.74 9.65 9.76 9.64 9.33 9.37 9.52 9.79 9.88 9.83 9.82 9.92 9.74 9.37 9.45 9.60 9.90 9.86 9.96 9.82 9.98 9.98 1 1 .75 11.85 11.98 12. 17 12.20 12.36 12.24 12.38 12.48 12.03 12. 17 12.28 12.42 12.40 12.53 12.45 12.62 12.69 » AVERAGES OF RATES AVAILABLE. *** New ISSUfc RATE treaIu$ ^ wrjmurjxmmTHAN °*TE fe?tr^Riass?ic!5syR^.ARE http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis cq",uted by the federal reserve SHOWN. BANK OF ST. LOUIS. PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 7 8 SMALL TIME DEPOSITS^ COMMERCIAL BANK SAVINGS DEPOSITS AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS 410 Z------- 1---------400 390 =_ 1984 E MAR. Fapr. 380 12 i 16 billions of dollars 410 E BILL 1ONS E 353.0 353.6 354.1 355.0 355.3 355.5 380 z 370 370 z SMALL TIME ! >EPOS|T S z 360 - E — - 350 TTTT 350 390 z z 360 400 z 340 340 E E z 330 e'-^" 320 320 E E 310 310 z 2 300 ‘Ell 0 330 111 1 1 l-L 1 1 1 1 1 1 1 1 LL 111 1111 1 1 1 111 1111 1 1 1 11 j 1111 _LLL 300 f 0 LATEST DATA PLOTTED WEEK ENDING* APRIL 16. 1984 BILLIONS OF DOLLARS BILLIONS OF DOLLARS 170 r:------- 1---------- 1-------- --------- ---- =1 ]70 BILLIONS 129.0 128.9 SAVINGS DEPOSITS I I I 1 I LL 7 21 4 18 MAR APR 2 16 30 13 27 11 23 JUN 8 22 3 17 91 14 26 12 28 NOV JUL DEC 9 23 8 20 S 19 FEB MAR 2 18 30 14 28 1983 LATEST DATA PLOTTED WEEK ENDING* APRIL 16. 1984 1/ COMMERCIAL BANK TIME DEPOSITS ISSUED IN DENOMINATIONS OF LESS THAN 8100.000. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS TOTAL TIME DEPOSITS 1/ ALL COMMERCIAL BANKS AVtRAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS 780 r-------------------- --------- MAR. 4 18 2 10 90 IS 27 II 29 8 22 9 19 9 17 91 14 28 12 28 NOV 9 29 DEC 1983 12 8 20 9 19 FEB MAR l984 714.3 715.0 716.6 717.8 719.3 720.0 2 18 90 14 28 LATEST DATA PLOTTED WEEK ENDINGi APRIL 16, 1984 1/ SAVINGS DEPOSITS PLUS SMALL TIME DEPOSITS PLUS LARGE TIME DEPOSITS TOTAL TIME DEPOSITS COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING; 4/18/83 7/18/83 9/19/83 10/17/83 11/14/83 12/19/83 1/16/84 2/13/84 TO THE AVERAGE OF FOUR WEEKS ENDING. 9/19/83 10/17/83 11/14/83 12/19/83 1/16/84 2/13/84 3/19/84 4/16/84 1 .8 2.2 3.6 4.0 3.9 2.9 3.0 3.5 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7.0 8.4 8.0 7. 1 5.3 5.1 5.6 8.9 7.9 6.7 4. 1 4.1 4.8 9.3 7.3 4.0 4.0 4.8 4.7 1.3 2.0 3.4 -1,7 0.4 2.6 -0.6 2.5 6.5 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 9 10 LARGE TIME DEPOSITS ALL COMMERCIAL BANKS AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS . 12 232.5 234.0 235.0 7 21 4 18 MAR APR 2 18 30 13 27 1 JUN 8 22 5 19 3 17 51 14 28 12 29 NOV JUL 9 23 8 20 3 19 2 18 30 14 28 DEC LATEST DATA PLOTTED WEEK ENDINGi APRIL 16, 1984 TIME DEPOSITS ISSUED IN DENOMINATIONS OF 8100,000 OR MORE. MMDAs, MMMFs and SUPER NOWs (billions of dollars, not seasonally adjusted) MMDAs 1/ March April 5 12 19 26 2 9 16 $390.2 391.9 392.7 393.4 396.0 398.8 398.9 MMMFs 2/ $185.5 186.2 186.7 187.2 187.7 188.1 189.0 SUPER NOWs 3/ $41.5 41.6 41.6 41.5 42.1 43.6 44.0 1/ Money market deposit accounts at all depository institutions, effective 12/14/82. 2/ Total money market mutual fund balances. ~3/ NOW accounts at all depository institutions, requiring a $2,500 minimum balance and eligible to earn more than 5.25 percent, effective 1/5/83. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS / BORROWINGS FROM FEDERAL RESERVE BANKS BILLIONS OF DOLLARS 4.5 AVERAGES OF DAILY FIGURES BILLIONS OF DOLLARS ----------------------------ZJ *5 ----------T--------- t----- APR. 2 16 4 30 13 27 II MAR APR 25 8 22 MAY JUN 6 20 3 17 31 JUL AUG 14 28 12 SEP OCT DEC JAN 1983 LATEST DATA PLOTTED WEEK ENDING, APRIL 25, 1964 BUSINESS LOANS u (COMMERCIAL AND INDUSTRIAL) WEEKLY REPORTING LARGE COMMERCIAL BANKS 2/ SEASONALLY ADJUSTED BY THIS BANK BILLIONS OF DOLLARS 236 26, 28. 31, 27, 29, 1983 1983 1983 1983 1983 5.5 3.9 0.8 1.4 1.8 I DEC . 29' 982 1.2 10 0 ■0^ G 2 0 ** ^0 VBSS**51 CO 1 11 _ r . _ .u_i. 198.} : k IILL10 MS - NOV. 23 30 DEC. 7 215,480 215,941 216,535 I _ 21 28 216,412 217,937 - 204 iu. NOV : J_LL 2)6 228 M il OCT. SEP. AUG. JUL. JUN. - 1 “ — “ “ “ BILLIONS OF DOLLARS 236 1 _ COMPOUNDED ANNUAL RATES _ OF CHANGE, AVERAGE OF THE FOUR WEEKS ENDING _ DECEMBER 28, 1983 FR DM _ THE FOUR WEEKS END IN6« 1 -Ll-L -LLL -LLL J...I IX, -in. -LLL ■LLLL. -L.U., -LLLL -LLL 1 1 1 1 1 1 1 1 1 1 1 1 1 l-LL 26 9 23 9 23 DEC 1982 JAN FEB MAR 6 20 4 APR MAY 16 t 16 29 13 27 10 24 JUN JUL 1983 AUG 7 21 5 19 SEP OCT 2 16 30 14 28 11 NOV DEC 25 JAN 1984 LATEST DATA PLOTTED WEEK ENDING, DECEMBER 28. 1983 1/ BUSINESS LOANS INCLUDE BAKERS' ACCEPTANCES AND COMMERCIAL PAPER. 2/ BANKS WITH DOMESTIC ASSETS OF 6750 MILLION OR MORE http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BAT* OF ST. LOUIS II