Full text of U.S. Financial Data : Week Ending: February 11, 1981
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F//V/l/V£7/>1/. 0/1 T X\ Week ending: February 11, 1981 The yield curve on U.S. Treasury securities has changed ‘ and dramatically during last year. For example, from hua¥y»1980 to March 1980, the yield curve shifted upward and became much steeper. Then, as economic activity approached the trough in the middle of the year, interest rates for all maturities fell. In this instance, the decline in short-term interest rates was relatively greater than the fall in long-term rates; as a result, the yield curve became upward sloping. This shape gradually began to reverse as economic activity rebounded in the second half of the year. By September the curve was essentially flat. The current yield curve has assumed a downward slope similar to that of March 1980. The curve is presently steeper, however, for maturities of 1-year or less, and flatter for longer maturities. While the yield on 3-month Treasury securities is similar to that of last March, the yield on 1-year securities is more than 200 basis points below the level of last March. Yields on longer-term securities remain very close to those of last March. Since January 1980, the yield curve has risen by 200 basis points or more for all maturity levels. Yields on U.S. Government Securities March 14, 191 September IS, 1980 January IS, 5" 5 to Ytars to Maturity Prepared by Federal Reserve Bank of St. Louis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Released: February 13, 1981 2 ADJUSTED MONETARY BASE AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BY THIS BANK BILLIONS OF DOLLARS JAN. BILLIONS OF DOLLARS 170 163.4 162.7 162.7 162.0 162.2 162.5 FEB. 164 162 160 158 156 154 5 10 2 16 SO 13 27 FEB 12 26 9 23 7 21 MAR 1980 LATEST DATA PLOTTED WEEK ENDING: FEBRUARY II, 1981 THE ADJUSTED MONETARY BASE CONSISTS OF: ( 1 ) MEMBER BANK RESERVES AT THE FEDERAL RESERVE BANKS. (2) CURRENCY IN CIRCULATION (CURRENCY HELD BY THE PUBLIC AND IN THE VAULTS OF COOrfEftCIAL BANKS), AND (3) 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. ADJUSTED MONETARY BASE COMPOUNDED ANNUAL RATES OF CHANGE , 2/13/80 5/14/80 8. 1 8.9 9.7 9.4 9.7 9.5 8.5 7.5 10.5 1 1.6 10.6 1 1.0 10.5 8.9 7.6 7/9/80 AVERAGE OF FOUR WEEKS ENDING: 8/13/80 9/10/80 10.8 1 1.4 10.4 8.0 6.2 9.8 9.1 6.5 4.7 10/8/80 11/12/80 12/10/80 TO THE AVERAGE OF FOUR WEEKS ENDING: 7/ 9/80 8/13/80 9/10/80 10/ 8/80 11/12/80 12/10/80 1/14/81 2/11/81 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 13.7 11.5 1 1.7 10.9 8.8 7.2 10.1 6.4 4.2 3.3 1.2 -1.4 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS % ADJUSTED BANK RESERVES 1/ AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS 1981 BILLIONS of dollars billions 45.4 46.8 46.2 46. 1 45.3 45.4 DEC. JAN. FEB. I I I I 2 16 30 13 27 FEB 12 26 9 23 7 21 4 18 2 16 30 13 27 AUG MAR 22 10 24 5 19 3 17 31 M 28 11 JAN SEP 25 FEB 1980 1979 LATEST DATA PLOTTED WEEK ENDING: FEBRUARY 4, 1981 1/ ADJUSTED MONETARY BASE LESS CURRENCY HELD BY THE NONBANK PUBLIC (MEMBER BANK RESERVES AT FEDERAL RESERVE BANKS < + ) CURRENCY HELD BY COMMERCIAL BANKS). ADJUSTED BANK RESERVES COMPOUNDED ANNUAL RATES OF CHANGE AVERAGE OF FOUR WEEKS ENDING: 2/6/80 5/7/80 7/2/80 8/6/80 9/3/80 7.6 7. 1 9.4 9.4 8.4 10.2 7.3 6.0 4.6 9.3 9.2 7.8 10.4 6.5 4.9 13.7 12.2 9.4 12.6 7.0 4.9 17. 1 11.2 15. 1 7.6 5.0 5. 2 11.9 3.9 1.6 10/1/80 11/5/80 12/3/80 TO THE AVERAGE OF FOUR WEEKS ENDING: 7/ 8/ 9/ 10/ 11/ 12/ 1/ 2/ 2/80 6/80 3/80 1/80 5/80 3/80 7/81 4/81 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 13.3 2.5 0.0 2.5 -0.9 -11.7 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 3 4 MONEY STOCK (MIA) AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS 400 BILLIONS __ DEC 380.4 382.5 374.0 370.6 — FEB 366.9 I I I I 5 19 2 16 30 13 27 12 28 9 23 7 21 4 MAY JUN 1979 18 2 16 30 13 27 JO 24 8 22 5 19 3 17 31 LATEST DATA PLOTTED WEEK ENDING: FEBRUARY 4, 14 28 11 25 JAN FEB 1981 1980 1981 CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS’ H.6 RELEASE. MIA CONSISTS OF CURRENCY ANO COIN PLUS COMMERCIAL BANK DEMAND DEPOSITS HELD BY THE NON0ANK PUBLIC EXCLUDING THOSE HELD BY FOREIGN BANKS AND OFFICIAL INSTITUTIONS. MONEY STOCK (MIA) COMPOUNDED ANNUAL RATES OF CHANGE. , AVERAGE OF FOUR WEEKS ENDINGt 2/6/80 5/7/80 7/2/80 8/6/80 9/3/80 -0. 1 2.6 4. 1 5.2 5.9 5.8 3.6 -0.3 1 1.5 12. 1 12.4 12.2 11.2 7.2 1 .5 14.3 14.2 13.3 11.7 6.5 -0.5 13.9 12.8 10.9 4.7 -3.2 12.3 9.9 2.8 -6.0 10/1/80 11/5/80 12/3/80 TO THE AVERAGE OF FOUR WEEKS ENDING: 7/ 8/ 9/ 10/ 11/ 12/ 1/ 2/ 2/80 6/80 3/80 1/80 5/80 3/80 7/81 4/81 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8.5 -0.2 -9.9 -6.0 -16.9 -25.0 PREPARED tY FEDERAL RESERVE BANK OF ST. LOUIS MONEY STOCK (MlB ) AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS 425 BILLIONS OF DOLLARS -------- ---------------------- 425 ---------- .------------- 1-----BILUQNS 407.2 419. 1 — DEC. JAN. 413.3 415. I 4 18 DEC 1979 JAN FEB MAR APR MAY 2 16 30 JUN JUL 1980 LATEST DATA PLOTTED WEEK ENOING: FEBRUARY 4. 13 27 AUG 8 22 10 24 SEP OCT 5 19 NOV 3 17 31 DEC 14 28 II 25 JAN FEB 1981 1981 CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS’ H.6 RELEASE. M1B CONSISTS OF MIA PLUS OTHER CHECKABLE DEPOSITS AT ALL DEPOSITARY INSTITUTIONS. MONEY STOCK (MIB) COMPOUNDED ANNUAL RATES OF CHANGE 2/6/80 AVERAGE OF FOUR WEEKS ENDING: 5/7/80 7/2/80 8/6/80 9/3/80 14. 1 14.8 15.3 15. 1 14.0 10.8 10.6 18.2 18.0 16.9 15.0 10.6 10.5 17.3 16. 1 13.9 8.8 8.9 15.5 12.9 7.0 7.5 10/1/80 11/5/80 12/3/80 TO THE AVERAGE OF FOUR WEEKS ENDING: 7/ 8/ 9/ 10/ 1 1/ 12/ 1/ 2/ 2/80 6/80 3/80 1/80 5/80 3/80 7/81 4/81 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1.9 5.0 6.5 7.7 8.5 8.4 6.7 6.9 10.9 4.3 5.4 -0.8 2.2 0. 1 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 5 6 YIELDS ON SELECTED SECURITIES AVERAGES OF DAILY RATES ENDED FRIDAY PERCENT 22.0 21.0 21.0 'RIME BANK ■ PAN RATE 20,0 19.0 18.0 17.0 16.0 15.0 M.O 13.0 12.0 CORPORATE Aaa BONDS 11.0 ICIAL 10.0 90 DAY CD'S 9.0 8.0 MUNICI PAL 7,0 4 18 1 14 28 I I 13 MAR 23 0 23 6 20 4 10 24 18 APR 7 21 3 19 NOV DEC 2 16 W 13 27 LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENOINGi FEBRUARY 13, 1981 90 DAY CD'S 1981 DEC. 5 12 JAN. 19 26 2 9 FEB. 16 23 30 6 13 tf 20 27 17.58 19.93 20.23 17.60 16.99 16.55 17.42 1 7.82 17.03 16.38 16.60 PRIME COMMERCIAL PAPER mm PRIME BANKERS' ACCEPTANCES Aaa BONDS CORPORATE Baa BONDS MUNICIPAL BONOSM 16.84 18,62 18.68 16.72 15.80 15,43 16.33 16.67 15,94 15.53 15.71 17.28 19.23 19.24 16.84 16.28 16.03 17.08 17.38 16.38 15.92 16.12 13. 15 13.47 13.49 12.89 12.83 12.59 12.76 12.92 12.98 13.07 13,28 14.84 15.21 15.36 15.19 15.09 14.93 14.96 15.08 15. 15 15.32 15.37 9.84 10.42 10.56 9.99 9.76 9.49 9.57 9.68 9.91 9.90 N. A. CORPORATE ■ AVERAGES OF RATES AVAILABLE. „ _ Wf BOND BUYER’S AVERAGE INDEX OF 20 MUNICIPAL BONDS, THURSOAY DATA, mm DATA ARE 4-MONTH COMMERCIAL PAPER RATES. N.A. - MOT AVAILABLE http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 0 SELECTED INTEREST RATES AVERAGES OF DAILY RATES ENDED FRIDAY PERCENT 20.0 FEDERAL FUNDS RATE .0 .0 .0 ,0 15.0 .0 .0 ,0 DISCQUNT RATE .0 10.0 TREASURY S !cur I TIES 0 8.0 3-MONTH TREASURY BILL A DEC 1979 IB JAN I 13 29 M 28 It MAR 23 9 23 6 20 4 18 1 IS 29 12 26 10 24 APR 7.0 7 21 3 NOV DEC 19 2 1980 16 30 13 27 1981 LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENOING, FEBRUARY 13, 1981 1981 DEC, 5 12 19 26 JAN. 2 9 16 23 30 FEB. 6 13 * 20 27 FEDERAL FUNDSM 17.72 18.82 19.83 19.44 18.45 20.06 19.64 19.35 18.12 17. 19 16.51 3-MONTH TREASURY BILL 14.98 16.76 16.21 14.62 14.31 14.31 15. 19 15.65 15.01 14.90 15.51 6-MONTH TREASURY BILL W*W 14.55 15.07 15,42 14.03 13,41 13. 18 14.23 14.47 14. 12 13.74 14.43 1-YEAR TREASURY BILL 5-YEAR TREASURY SECUR1T1ES LONG-TERM TREASURY SECURITIES 13.43 13.75 13.71 12.40 12.38 12.26 12.50 13.03 12.68 12.84 13.23 13.40 13.68 13.69 12.50 12.54 12.53 12.69 13.01 12.89 13. 13 13.50 12.39 12.74 12.63 11.79 1 1 .92 1 l .81 12.02 12.21 12.22 12.45 12.77 K AVERAGES OF RATES AVAILABLE. M* SEVEN-DAY AVERAGES FOR WEEK ENDING WEDNESDAY TWO DAYS EARLIER THAN DATE SHOWN. CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS’ H.9 RELEASE. iH NEW ISSUE RATE RATES ON LONG-TERM TREASURY SECURITIES ARE COMPUTED BY THE FEOERAL RESERVE BANK OF ST. LOUIS. TREASURY BILL YIELDS ON DISCOUNT BASIS. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. 7 LOUIS 8 MULTIPLIERS is CURRENCY OF MONEY STOCK MEASURES ^ AVERAGES OF DAILY FIGURES SEASONALLY ADJUS 1tD RATIO RATIO RATIO DEC. JAN. MONEY MULTIPLIERS 2.344 2!34 31 RAT l_£> JAN. FEB. I I I I I I I I I I I I INI ri I I I I I I I I I I I I I I I LATEST DATA PLOTTED WEEK ENDING: FEBRUARY 4, 1 BILLIONS OF DOLLARS BILLIONS OF DOLLARS >20 ---------- 1------------- 1------ ------------------------------- - COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF ----- THE FOUR WEEKS ENDING FEBRUARY 4. 1981 FROM - THE FOUR W£EKS ENDING: - DEC. NOV. - OCT. SEP. 3, 5, 1, 3, - AUG. MAY * - FEB. 1980 1980 1980 1980 3.5 4.6 6.7 7.0 - 1980 1980 CURRENCY 1981 DEC. JAN! I I 1 I 5 19 2 16 30 13 27 12 26 FEB MAR 9 23 7 21 MAY 2 16 30 15 27 10 24 JUN 8 22 BILLIONS 31 7 I I 1 1 I I I I I I I I 1 I I I 5 19 3 17 31 M 28 JAN FEB 1980 LATEST DATA PLOTTED WEEK ENDING: FEBRUARY 4, 198! 1/ RATIO OF MONEY STOCK (MIA) OR (MlB ) 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 120 DEMAND DEPOSIT COMPONENT OF MONEY STOCK (MIA) AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED ■ ILL IONS OF DOLLARS BILLIONS OF DOLLARS 285 BILLIONS 280 263.5 265.8 257.5 254.0 250.7 250.2 — JAN. - FEB. 111! 5 19 2 16 30 13 27 12 26 9 23 7 21 MAY AUG JUN SEP 1980 LATEST DATA PLOTTED WEEK ENDING: FEBRUARY 4, CURRENT DATA APPEAR 1981 IN THE BOARD OF GOVERNORS' H.6 RELEASE. DEMAND DEPOSIT COMPONENT OF MONEY STOCK ( Ml A ) COMPOUNDED ANNUAL RATES OF CHANGE 2/6/80 5/7/80 7/2/80 8/6/80 -3.3 -0. 1 1.9 3.5 4.4 4.4 1.4 -3.8 11.0 12.2 12.9 12.5 11.3 6.0 -1.7 15. 1 15.5 14. 1 12.2 5. 1 -4.2 16. 1 13.9 11.6 3. 1 -7.5 AVERAGE OF FOUR WEEKS ENDING: 9/3/80 10/1/80 11/5/80 12/3/80 TO THE AVERAGE OF FOUR WEEKS ENDING: 7/ 8/ 9/ 10/ 11/ 12/ 1/ 2/ 2/80 6/80 3/80 1/80 5/80 3/80 7/81 4/81 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 13.0 10.3 0.4 - 11.2 7.7 -3.7 -16.3 -10.8 -24.8 -35.0 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 9 IQ SAVINGS PLUS SMALL TIME DEPOSITS ALL COMMERCIAL BANKS AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED SILLIOHS OF DOLLARS BILLIONS OF DOLLARS 490 BILLION? Z DEC. JAN. 485 481.5 480 479.9 FEB. 475 470 465 460 455 440 435 JAN FEB JAN LATEST DATA PLOTTED WEEK ENDING: FEBRUARY 4. FEB 1981 CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS* H.6 RELEASE. TIME DEPOSITS ISSUED IN DENOMINATIONS OF LESS THAN •100,000. SAVINGS PLUS SMALL TIME DEPOSITS COMPOUNDED ANNUAL RATES OF CHANGE AVERAGE OF FOUR WEEKS ENDING: 2/6/80 5/7/80 7/2/80 8/6/80 9/3/8C 9.6 10.5 10.5 10. 1 10.4 1 1.0 10.4 9.6 11.8 1 1.5 10.7 1 1.0 1 1 .8 10.8 9.7 12.4 10.9 11.2 12.4 10.9 9.5 8.9 10.2 1 1 .9 10.2 8.7 10. 1 12.3 10.2 8.4 10/1/80 11/5/80 12/3/80 14.5 11.0 8.6 10.3 7.2 2.9 TO THE AVERAGE OF FOUR WEEKS ENDING: 7/ 8/ 9/ 10/ 11/ 12/ 1/ 2/ 2/80 6/80 3/80 1/80 5/80 3/80 7/81 4/81 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS BORROWINGS FROM FEDERAL RESERVE BANKS AVERAGES OF DAILY FIGURES billions of dollars 1981 JAN. billions of dollars MILkLflMS. 7 1117 I I I I 5 19 2 16 30 13 27 12 26 FEB MAR 9 23 7 21 MAY AUG JUN SEP JAN FEB 1980 LATEST DATA PLOTTED WEEK ENDING: FEBRUARY 11, 1981 BUSINESS LOANS (COMMERCIAL AND INDUSTRIAL) WEEKLY REPORTING LARGE COMMERCIAL BANKS SEASONALLY ADJUSTED BILLIONS OF DOLLARS BILLIONS OF DOLLARS 178 178 176 174 172 170 168 — — — _ - COMPOUNDED ANNUAL RA TES OF CHANGE. AVERAGE 0 F ’ THE FOUR WEEKS END ING FEBRUARY 4, 1981 FROM THE FOUR WEEKS END ING: DEC. “ NOV. — OCT. — SEP. — AUG. -MAY 3, 5, 1, 3, 6, 7, 980 980 980 980 980 1 980 „ 8.7 15.1 14.9 16.6 17.5 10.8 - 166 164 / - rm - / 198 MILLIONS - 172,687 171,513 172,594 172,267 172,450 “ “ “ “ - 154 DEC. 31 7 14 21 28 152 148 - Ill DEC 1979 170 168 166 164 - 150 172 - /A 156 - 174 - / - - 176 156 154 152 150 148 III! 111 2 16 30 13 JAN FEB _LLL LLli. 27 12 26 9 23 MAR APR 1 1 1 1 1 1 1 1 1 1 4 18 JUN 2 16 30 13 JUL AUG in. 1111 27 10 24 8 22 SEP OCT ............................... ............... \ 3 17 31 14 28 II 25 DEC JAN FEB 1981 1980 LATEST DATA PLOTTED WEEK ENOING: FEBRUARY 4, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 111 1981 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 11 12 3 m H C 3 Z 3 o LARGE TIME DEPOSITS ALL COMMERCIAL BANKS AVERAGES OF DAILY FIGURES SEASONALLY ADJUSTED BILLIONS OF DOLLARS 220 1— 216 216 ---1981 Il_ DEC. 31 1--------- BILLIONS nn _ 21 1 .4 216 214 ----- 212 ---- 14 21 28 214.0 213.4 216.6 210 208 206 212 210 “ _ 208 ~ _ 206 _ 204 204 202 _ 202 200 198 _ 198 196 _ 192 190 186 184 Q m G) r~ O c < o CD CO O) 05 23 > z t: o co H I 200 194 r~ ^ 23 _ NO m CO CO CO m ' 214 /------- B.5 Tl m O m Tl V) H i CO H ' •r~ ■o O 00 co CO x ~ A— -V _ A- : \ / W- _ y _ sT - _ - _ Ill i Mil 1 1 1 1 1 1 jin 111 111 DEC 1979 JAN FEB MAR APR MAY JUN III! 111 JUL 1980 LATEST DATA PLOTTED WEEK ENDING: FEBRUARY 4, 1981 AUG 1 1 1 J.l 1 1 8 22 OCT J_LL -LL.L1. J-L1 5 19 NOV 3 1T 31 DEC j_lLs 14 28 II 25 JAN FEB 1981 CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS* H.6 RELEASE. TIME DEPOSITS ISSUED IN DENOMINATIONS OF $100,000 OR MORE. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 194 _ 192 yV A 196 PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS 190 188 O c
@FedFRASER