Full text of U.S. Financial Data : February 21, 1985

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Federal- Reserve Bank

of

St.

Louis

U.S. Financial Data
MAR 2 2 1985

February 21,1985

Beginning with this issue, several changes have been made
in this release. The most substantive change involves the addition
of a new series, adjustment plus seasonal borrowings from Federal
Reserve Banks, to accompany the total borrowings series. Total
borrowings from Federal Reserve Banks contains three
components: extended credit, seasonal borrowings and adjustment
borrowings. Extended credit enables depository institutions to
handle liquidity strains arising from unusual circumstances that
are long-term in nature and, most likely, specific to individual
institutions. Seasonal borrowings enable depository institutions
(primarily smaller ones) to meet their peak seasonal fluctuations
without having to maintain unusually large stocks of liquid assets.
Adjustment borrowings (total borrowings less seasonal and
extended credit borrowings) are available only on a short-term
basis to help depository institutions with liquidity problems when
funds are not readily available from usual sources.
Another change is the deletion of the commercial bank
savings deposit series, previously on page 8; the commercial bank
large time deposit series has been moved from page 10 to take its
place. The data concerning MMDAs, MMMFs and Super-NOWs,
previously on page 10, have been moved to page 11; the series on
total borrowings from Federal Reserve Banks, as a result, has
been shifted from page 11 to page 10.
—Dallas S. Batten

REMEKVK
KVNKof

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

1985
_

BILLIONS OF DOLLARS
224

BILLIONS

222

JAN.

220
219.2
218.7

218
216
214
212

210
208
206
204

202
200
4 16

I1S 29 M U II 29

0 29

0 20

4 It

JUN

JUL

1

IB 20 12 20 10 24

7 21

S 10

2 16 90 19 27 19 27

NOV

DEC

FEB

MAR

LATEST DATA PLOTTED HEEK ENDING: FEBRUARY 20, 1965

aMMjmei tmSOF

FINANCIAL INSTITUTIONS AT FEDERAL
BL1C AND IN THE VAULTS OF ALL
_
ENT RATIO CHANGES. THE MAJOR
_
---------- _-DIT. DATA ARE COMPUTED BY THIS
MONETARY BASE IS AVAILABLE FROM THIS BA9K.

RECENT DATA ARE PRELIMINARY.
ADJUSTED MONETARY BASE
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
2/22/84

5/23/84

7/18/84

6/22/84

9.4
7.3
7.8
7.3
6.7
6.9
7.2
6.6

6.5
7.5
6.8
6.0
6.3
6.9
6.0

4.1
4.0
3.7
4.5
5.6
4.7

7.2
5.6
6.2
7.1
5.8

9/19/84 10/17/84 11/21/84 12/19/84

ENDING:
7/18/84
8/22/84
9/19/84
10/17/84
11/21/84
12/19/84
1/25/85
2/20/85


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3.3
4.7
6.3
4.9

5.2
7.1
5.2

9.5
6.1

5.2

PREPARED BY FEDERAL RESERVE BAM< OF ST. LOUIS

MONEY STOCK ( Ml )
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
570 r--------- 1--------- [—

JAN.

7

BILLIONS OF DOLLARS
-------- ---------- ---------- 570

562.4

567.4

U-LtLU-L
2 18 30 13 27

FEB

9 23

7 21

4 18

MAY

12 28

MAR

2 18 30 13 27 10 24

JUN

AUG

8 22

3 19

3 17 31

14 28 11

JAN

SEP

FEB

25 11

23

MAR

LATEST DATA PLOTTED WEEK ENDINGt FEBRUARY 11, 1985
CURRENT DATA APPEAR IN THE BOARD Of GOVERNORS' H.6 RELEASE.
Ml IS THE SUM OF CURRENCY HELD BY THE NONBANK PUBLIC, DEMAND DEPOSITS, OTHER CHECKABLE
DEPOSITS AND TRAVELERS CHECKS.

MONEY STOCK (Ml )
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDINGt
2/13/84

5/14/84

6.7
5.2
5.5
4.5
3.4
4.5
5.7
6.3

6.2
6.5
4.6
3.0
4.6
6.2
6.9

7/9/84

8/13/84

9/10/84

2.2
-0.1
3.3
6.2
7.3

-3.4
2.1
5.9
7.3

10/8/84 11/12/84 12/10/84

TO THE AVERAGE
OF FOUR WEEKS
ENDINGt
7/ 9/84
8/13/84
9/10/84
10/ 8/84
11/12/84
12/10/84
1/14/85
2/11/85

2.9
1.0
-0.3
2.4
-.■4.9
6.0

4.4
8.6
9.7

16.1
15.3

15.2

Beginning January 7, 1985 data are on the revised basis and are not comparable to
1 prior data; therefore, special caution should be taken in interpreting growth rates.
*Break in series


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

3

4
MONEY MULTIPLIERS
CURRENCY COMPONENT OF MONEY STOCK 2/
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

RATIO
2.9 ------------1--------- 1--------1985
JAN.

RATIO
2.9

r
RATISL

7

2.51

2.6

1

■9
FEB
2.7

Ml MUL TIPLI LR
—Ar

2.6

J'

A

w

l/'

J'

U

A✓

2.5

!lu.i
,.J 1 1 XXL HU 111 XLL 1111 111 XLL _i n 1 XI 1
LATEST DATA PLOTTED WEEK ENDING, FEBRUARY II, 1985

.1111

BILLIONS OF DOLLARS

111

XLL

±ui*

BILLIONS OF DOLLARS

COMPOUNDED ANNUAL RATES

DEC.
NOV.

10,
1

AUG.
— MAY
FEB.

13,
4,
13,

1984
1984
1984

BILLIONS
159.1
159.0
FEB.

4
160.2

1111111111111111

JAN

FEB

MAE

APR

MAY

JUN
JUL
AUG
SEP
1984
LATEST DATA PLOTTED WEEK ENDING' FEBRUARY II, |S«S

31 M 28 II 39 II 29
JAN FEB MAR

1/ RATIO OF MONET STOCK (Ml I TO ADJUSTED MONETARY BASE
2/ CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS’ H.B RELEASE.

*Break in series


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BAM< OF ST. LOUIS

TOTAL CHECKABLE DEPOSITS
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
405 ------------1--------- 1-----

Mill 1-L-L

I II I
2

18 30 13 27 12 28

FEB

S 23

30 13 27 10 24

7 21

MAY

MAR

BILLIONS OF DOLLARS
-------- -------------------- 405

AUG

JUN

8 22

5 18

3 17 31

14 28 II 25 II

JAN

SEP

1984

FEB
1985

25

MAR

LATEST DATA PLOTTED WEEK ENDING: FEBRUARY II, 1985
TOTAL CHECKABLE DEPOSITS IS THE SUM OF DEMAND DEPOSITS AM) OTHER CHECKABLE DEPOSITS AT ALL
DEPOSITORY INSTITUTIONS.

TOTAL CHECKABLE DEPOSITS
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
2/13/84

5/14/84

6.5
4.3
4.9
3.6
2.3
3.9
5.5
6.2

5.4
6.1
3.8
1.6
4. 1
6.3
7.2

7/9/84

8/13/84

9/10/84

1.4
-1.7
3.2
6.8
8.1

-5.8
1.7
6.5
8.1

10/8/84 11/12/84 12/10/84

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
7/ 9/84
8/13/84
9/10/84
10/ 8/84
11/12/84
12/10/84
1/14/85
2/11/85

1.2
-0.8
-2.4
1.5
4.7
6.0

4.9
10.1
11.3

Beginning January 7, 1985, data are on the revised basis and are not comparable to
prior data; therefore, special caution should be taken in interpreting growth rates.
*Break in series


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

5

6

YIELDS ON SELECTED SECURITIES
AVERAGES OF DAILY RATES

PERCENT
—i 15.0

CORPORATE
AAA BONDS

MUNICIPAL
BONDS

6 20

3 17

JAN

FEB

2 16 30 13 27

APR

I 25

6 22

6 20

3 17 31

MAY

14 26 12 26

SEP

0 23

OCT

7 21

4 18

I

DEC

JAN

FEB

15

1

15 29

LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING*. FEBRUARY 22. 1985.

1985
JAN.

4
11
18
25
FEB.
1
8
15
22 m
MAR.
1
8
15
22
29

90 DAY
CD'S
8.30
8.13
8. 1 1
8.07
8.23
8.56
8.68

30-DAY
C0IA4ERCIAL
PAPER

90-DAY
BANKERS*
ACCEPTANCES

8.17
7.94
7.95
7.88
8. 14
8.40
8.46
8.49

8. 19
8.01
7.97
7.93
8. 12
8.40
8.48
8.55

CORPORATE
Am BONDS
12.21
12. 16
12.20
11.97
11.85
11.95
12.01
12.02

CORPORATE
Bm BONDS

MUNICIPAL
BONDS kk

13.39
13.33
13.32
13.15
13. 13
13.14
13. 13
13.14

9.87
9.60
9.51
9.2!
9.37
9.52
9.64
N.A.

iTA
NOTE. CURRENT DATA JfP&MMN THE BOARD OF GOVERNORS' H. 15 RELEASE.
ES
a AVERAGES OF RATES .3*
.verjm
« BOND BUYER'S A'~ C INDEX 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
15.0

15.0

5-YEJ
TREASURY SE(

14.0

IT IES

13.0

TREASI

7.0

0 23

JAN

FEB

APR

MAY

SEP

OCT

7 21

DEC

IS

JAN

1984

1 IS 2fl

FEB
1985

LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING: FEBRUARY 22, 1985.

1985
JAN.

4
11
18
25
FEB.
1
8
15
22 X
MAR.
1
8
15
22
29

FEDERAL
FUNDS MS

5-MONTH
TREASURY
BILL

6-MONTH
TREASURY
BILLmx

1-YEAR
TREASURY
BILL

5-YEAR
TREASURY
SECURITIES

LONG-TERM
TREASURY
SECURITIES

8.75
8.27
8.23
8. 19
8.45
8.59
8.44
8.57

7.83
7.75
7.73
7.65
7.92
8. 17
8.21
8.21

8. 19
8.02
8.05
7.93
7.97
8.30
8.28
8.25

8.48
8.34
8.33
8.22
8.35
8.47
8.47
8.48

11.16
11.07
1 1.01
10.70
10.76
10.99
11.00
10.95

11.66
11.56
11.60
11.28
11.23
11.40
11.45
11.54

NOTE: CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.15 RELEASE EXCLUDING LONG-TERM TREASURY
SECURITIES WHICH ARE COMPUTED BY THIS BANK. TREASURY BILL YIELDS ARE ON A DISCOUNT BASIS.
* AVERAGES OF RATES AVAILABLE
** SEVEN-DAY AVERAGES FOR WEEK ENDING TWO DAYS EARLIER THAN DATE SHOWN
WWE AUCTION AVERAGE ( 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 DEPOSITS^
LARGE TIME DEPOSITS*'
AVERAGES OF DAILY FIGURES
atASUNALLY ADJUSTED

BILLIONS OF DOLLARS
410 ------------ ,--------- 1-----

12B5

BILLIONS OF DOLLARS
-------- ---------- ------- «10

BILLIONS
384.0
SMALL TIME OEPOSITS

LATEST DATA PLOTTED WEEK ENDINGi FEBRUARY II, 1985
BILLIONS OF DOLLARS

BILLIONS OF DOLLARS
------------------------- =3 270

270 r=-------- ,--------,--------,------------------ -------- ---------- -------1SS5.

BILLIONS
LARGE TIME DEPOSITS

203.8
260.0

I I I I I I I

Hi. I
3 17 31

JAN

FEB

MAR

APR

MAY

JUN
JUL
AUG
SEP
1984
LATEST DATA PLOTTED WEEK ENDINGt FEBRUARY II, 1985

II 23 11

JAN

FEB

23

MAR

1/ TIME DEPOSITS ISSUED IN DENOMINATIONS OF LESS THAN •100,000
2/ TIME DEPOSITS ISSUED IN DENOMINATIONS OF 8100,000 OR MORE

*Break in series


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

BILLIONS OF DOLLARS
790 ------------1--------- 1-----

1205.
JAN.

BlLLLfiflS
7

771.5

2 10 90 IS 27 12 26

JAN

ILL IONS OF DOLLARS
----- -------------------- 790

FEB

MAR

0 29

APR

7 2!

4 10

2 10 90 19 27 10 24

MAY

JUN

AUG

JUL
1984

SEP

0 22

OCT

NOV

DEC

JAN

FEB
1985

LATEST DATA PLOTTED KEEK ENDING: FEBRUARY II. 1985
TOTAL TIME IS THE SIM OF SAVINGS DEPOSITS, SMALL TIME DEPOSITS AND LARGE TIME DEPOSITS.

TOTAL TIME DEPOSITS
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING.
2/13/84

5/14/84

13.0
13.6
12.7
12.8
11.8
10.5
9.3
7.8

19. 1
16.2
15.7
13.6
1 1.5
9.7
7.6

7/9/84

8/13/84

9/10/84

10.3
8.3
5.9
A.5
2.3

8.9
5.6
3.9
1.5

10/8/84 11/12/84 12/10/84

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
7/ 9/84
8/13/84
9/10/84
10/ 8/84
11/12/84
12/10/84
1/14/85
2/11/85

12.0
12.5
10.4
8.2
6.5
4.4

2.2
1.3
-1.0

-0.9
-3. A

-A.2

Beginning January 7, 1985 data are on the revised basis and are not comparable to
prior data; therefore, special caution should be taken in interpreting growth rates.
*Break in series


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

9

10

BORROWINGS FROM FEDERAL RESERVE BANKS
AVERAGES OF DAILY FIGURES

BILLIONS OF DOLLARS

BILLIONS OF dollars

TOTAL BORROWINGS

------FEB,

LATEST DATA PLOTTED WEEK ENDING, FEBRUARY 20. 1985
BILLIONS OF DOLLARS

BILLIONS OF DOLLARS

---- ----- -----

2.0

ADJUSTMENT + SEASONAL BORROWINGS

I

IB 29 14 20 11 25

9 29

8 20

4 IB

JUN

1

18 20 12 26 10 24

7 21

5 IQ

NOV

JUL

2 IB 90 19 27 19 27

DEC

LATEST DATA PLOTTED WEEK ENDING, FEBRUARY 20, 1985
1/ 84.582 FOR 5/18/84$ 83.730 FOR 3/23/84$ 82.989 FOR 5/30/84$ 83.120 FOR 6/8/84


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 I

MMDAs 1/
December

January

February

17
24
31
7
14
21
28
4
11

MMMFb 2/

Super NOWs 3/

*230.9
232.7
232.5
230.1
238.9
241.0
240.8
238.8
239.2

N.A.
N.A.
N.A.
*427.1
432.6
435.0
437.4
441.7
445.4

N.A.
N.A.
N.A.
*48.6
48.6
48.3
47.2
48.5
49.0

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 ill,000 minimum balance
and eligible to earn more than 5.25 percept, effective 1/5/85

BUSINESS LOANS w
WEEal t ntrurt I I N(i LAM (it COMMERCIAL BANKS 2/
BILLIONS OF DOLLARS

SEASONALLY ADJUSTED BY THIS BANK
BILLIONS OF DOLLARS

--- ---- ---- 2S«

COWOUMJED ANNUAL RATES
OF CHANGE, AVERAGE OF
THE FOUR *EEKS ENDING '

DEC.

S, I

FEB.

TP , I Bva
8. 1984

250,306

JUL

Ml

1.1 I I I
I I I 1 I I
l li I IB 98 13 17 IS CT

NOV

I II X II a 11 14
JUN

DEC

FEB

UAR

LATEST DATA PLOTTED WEEK EWING, FEBRUARY 8. |l
1/ BUSINESS LOANS INCLUDE BANTERS' ACCEPTANCES AM) COMMERCIAL PAPER.
2/ BAITS WITH DOMESTIC ASSETS GREATER THAN SI.4 BILLION


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BAIT OF ST, LOUIS

11