View original document

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

r//V4/VC/^L

O/l T A

Week ending: November 7, 1979

ypfYjSji
For member banks, the discount window at Federal Reserve
Banks can, with some limitations, serve as an alternative to the
federal funds market as a source of short-term funds.
In the
past,
member
bank borrowings
tended to
increase when the
differential between the federal funds rate and the discount rate
The behavior of member bank borrowing during the past
widened.
four weeks was generally consistent with this historic pattern
(see table below). For instance, member bank borrowings over the
four weeks ending November 7 averaged more than $2.5 billion.
In
contrast, during only one week over the year ending October 3 did
average weekly borrowings exceed $2.0 billion and during only six
During the past four weeks
weeks did they exceed $1.5 billion.
the spread between the federal funds rate and the discount rate
was unusually wide, averaging more than 240 basis points since
October 17.
In contrast, it exceeded 100 basis points in only
one other week during the past year.
The sharp increase in member bank borrowings since the
first week of October more
than offset
the
reduction
in
nonborrowed reserves (not seasonally adjusted) from about $41.0
billion in the week ending October 3 to about $40.5 billion
during the week ending November 7.
Consequently, total reserves
— a major component of the adjusted monetary base — showed a
net increase from about $42.1 billion for the statement week
ending October 3 to about $42.4 billion for the statement week
ending November 7.
Member Bank Borrowings and the Spread Between the
Federal Funds Rate and the Discount Rate

Week
Endinq
Oct.

3
10
17
24
31
Nov.
7

(1)
Federal
Funds Rate

(2)
Discount
Rate

Spread
(1)-(2)

11.91%
12.00
13.22
15.14
15.61
13.77

11.00%
12.00
12.00
12.00
12.00
12.00

.91%
-01.22
3.14
3.61
1.77


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

Member Bank Borrowings
(Millions of Dollar
Not Seasonally
Adjusted)
$1,119
938
1,530
2,960
3,056
1,928

Prepared by Federal Reserve Bank of St. Louis
Released. November 9, 1979

2

ADJUSTED MONETARY BASE
AVERAGES OF DAILY FIGURES

SEASONALLY ADJUSTED BY THIS BANK

BILLIONS OF DOLLARS
156

BILLIONS OF DOLLARS
156

—1—1—
JL2Z9
aiu. IIJNS
OCT. 3 151. 6
_
10 152. 61
17 152.
31
153. 2
- NO V.
7 152. 8

~

154
.

152
150

-

-

148

-

-

-

-

ue

r

N/~
-

-

6 20

SEP

111
1111 111 1111
4 18 I 13 29 13 27 10 24
OCT NOV
1978

DEC

JAN

-

DATA DO^ NOT INCLUDE REGULATION K RESERVES
OF EDGE ACT CORPORATIONS SINCE HISTORICAL
DATA ARE NOT PRESENTLY AVAILABLE FOR THE
PERIODS COVERED BY THE CHART AND TABLES.
AVAILABLE DATA INDICATE THAT THEIR INCLUSION
WOULD HAVE ONLY MINOR EFFECTS ON LEVELS AND
GROWTH RATES OF THE ADJUSTED MONETARY BASE.
i i l 1 l l i 1 II l 1 l l II 1 l l l 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
7 21

7 21

4 18

FEB

MAR

APR

LATEST DATA PLOTTED WEEK END INGi NOVEMBER 7,

16 30 13 27 II 25

MAY

JUN
1979

JUL

17 31

8 22

OCT

AUG

-

-

-

n p
14 28

NOV

1979

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
COMME&CIAL 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
11/8/78

2/7/79

5.0
6.3
5.6
6.6
7. 1
7.6
8.2
8.3

6.0
4.8
6.5
7.2
8.0
8.7
8.8

AVERAGE OF FOUR WEEKS ENDING:

4/4/79

5/9/79

6/6/79

7/4/79

8/8/79

9/5/79

7.0
9.2
9.5
10. 1
10.7
10.6

7.4
8.5
9.5
10.4
10.3

12. 1
12.3
12.6
12.1

11.5
12.1
11.6

13.1
12.1

1 1.7

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
4/ 4/79
5/ 9/79
6/ 6/79
7/ 4/79
8/ 8/79
9/ 5/79
10/10/79
11/ 7/79


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

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MULTIPLIER is
ADJUSTED FEDERAL RESERVE CRED I T 2/
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

RATIO
2.9

RATIO
2.9

2.8

MULT PLIER

i979

S3 '

‘t 11

111

mi

i 11

Nil

11 i

111

mi

1111

in

111

ini

RATH

1

j'ljj1

31

5!458

1111111 ii 1111’

LATEST DATA PLOTTED WEEK ENDING: OCTOBER 31, 1979
BILLIONS OF DOLLARS
136
134
132
130
128

BILLIONS OF DOLLARS

--- 1--- 1---- 1--” COMPOUNDED ANNUAL R>NTES
-OFtheCHANGE.
AVERAGE
four Weeks
end if
<JG
)M
“ NOVEMBER 7. 1979 FR(JG_THE FOUR WEEKS END 1
- SEP. 5, 1979 14.
AUG. 8, 1979 14.—JUL. 4, 1979 14.
_ JUN. 6, 1979 13.
MAY
9, 1979 11. :
_ NOv! 8 ; 1978 9.

136

.A
ADJ USTED FEDEf*AL RES LRVE

122
120
1 18

-

\. r

-

-

1sza eigic NS _
OCl

!lll III, .1.1 i i -LLL 1111
I 15 20 13 27 10 24
OCT

NOV
1978

DEC

JAN

£? ii

:1

7 21

NONf. 7 132.7
[ml
in in llll
111 i i.i- 1 11 1 111 i_Lj 111
16 30 13 27 II 25 0 22 5 16
17 31 14 20
7 21 4 10

FEB

MAR

mi

MAY

APR

JUN
1979

JUL

OCT

NOV

LATEST DATA PLOTTED WEEK ENDING: NOVEMBER 7, 1979
1/ RATIO OF MONEY STOCK (Ml ) / ADJUSTED MONETARY BASE
2/ FEDERAL RESERVE CREDIT CONSISTS OF FEDERAL RESERVE HOLDINGS OF SECURITIES, LOANS. FLOAT
AND OTHER ASSETS. ADJUSTED FEDERAL RESERVE CREDIT IS COMPUTED BY SUBTRACTING TREASURY
DEPOSITS AT FEDERAL RESERVE BANKS FROM THIS SERIES. AND ADJUSTING THE SERIES FOR RE­
SERVE REQUIREMENT RATIO CHANGES. DATA ARE COMPUTED BY THIS BANK.


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

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

3

134
132

-

:redit

-

126
124

-

130
128
126
124
122
120
I 18

4

MONEY STOCK PLUS NET TIME DEPOSITS (M2)
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
950 =-

BILLIONS OF DOLLARS
950
945

BILLIONS

940

932.9
936.7
939.6
938.7
937. I
938.2
920

935
930
925

=-

920
915
910
905
900
895
890
885
-=} 880
875
870
865
860
855
_850
4)8

FEB

MAP.

2 16 SO 13 27

APR

LATEST DATA PLOTTED WEEK ENDING* OCTOBER 31,

JUN

I1

25

0

8 22

JUL

1979

CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE.

MONEY STOCK PLUS NET TIME DEPOSITS (M2)
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING.
111/1/78

1/31/79

3/28/79

2.6
4.6
4.7
6.0
6.8
7.3
7.8
7.8

7.6
6.9
8.6
9.4
9.7
10. 1
9.9

9.8
1 1.5
12.0
1 1.9
12. 1
1 1.5

5/2/79

5/30/79

7/4/79

8/1/79

12.8
12.7
1 1.5

12.2
10.8

8/29/79

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
3/28/79
5/ 2/79
5/30/79
7/ 4/79
8/ 1/79
8/29/79
10/ 3/79
10/31/79


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

10.2
1 1.3
11.4
1 1.7
1 1 .0

14.3
13.5
13.2
12.2

10.4

PREPARED BY FEDERAL RESERVE BANK OF ST.

LOUIS

MONEY STOCK (Ml )

AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
390

1

BILLIONS OF DOLLARS
390

1

isza

1

IT

1

1

1111

1

5

I

am.IONS
377. 7
379. 7
380. 5
378. 7
376. 9

f

1

Z_ SEP . 26
-OCT. 3
10
17
24

m r

-

LL

r
•V- A {

1 1 1

1

J

TTTT

A.

1

1
1

1111

f

1

1

TTTTj

A

z

/Vv

1

V

1

f----- ^

V''*'----J

M

=

1

1

1

IT

K

LL

!!ixl 11.L 1 1 LL -LLL till
SEP

4 IS
OCT

1 11

I 15 29 13 27 10 24
NOV
DEC
JAN

7 21
FEB

11.1. ..LLL .LLU. 1 1 1. -LLL 1 1 1 1

7 21
MAR

2 16 30 13 27 II 25
8 22
MAY
JUN
JUL
AUG

4 18
APR

111
5 19
SEP

mi. -LLL
OCT

NOV

1979

1978
LATEST DATA PLOTTED WEEK ENDING: OCTOBER 31.

1979

CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE.
THE MONEY STOCK CONSISTS OF DEMAND DEPOSITS PLUS CURRENCY AND COIN HELD BY THE NONBANK PUBLIC.

MONEY STOCK (Ml )
COMPOUNDED ANNUAL RATES OF CHANGE , AVERAGE OF FOUR WEEKS ENDING*.
11/1/78

1 /31/79

3/28/79

5/2/79

5/30/79

6.2
4.7
6.7
7.5
7.6
8.0
7.2

8.5
10.4
10.8
10 2
10.4
9.0

7.5
9.0
8.6
9.2
7.7

13.2
11.4
11.3
9.2

7/4/79

8/1/79

8/29/79

9.5
6.5

6.0

TO THE AVERAGE
OF FOUR WEEKS
ENDING*.
3/28/79
5/ 2/79
5/30/79
7/ 4/79
8/ 1/79
8/29/79
10/ 3/79
10/31/79

-1.2
1.8
1 .6
3.3
4.2
4.5
5. 1
4.7


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

9.9
10.4
7.8

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

5

360

6
t-v'-’

YIELDS ON SELECTED SECURITIES
AVERAGES OF DAILY RATES ENDED FRIDAY
15.5

I 5. S

15.0

15.0
14.5
14.0

—

13.0

PRIME
LOAN RATE
11.5
11.0

1 1 .0

90 DAY CD’S***

—

10.5

-E

7.5

COMMERCIAL PAPER
CORPORATE Aaa BONDS

MUNICIPAL

I I I I
I

5 10

15 29 13 27 10 24

2 16

2 16 50 13 27 11 25

8 22

6 20

3 17 31

14 28 12 ?8

0 23

SEP
OCT
JAN FEB
OCT
NOV
1978
1979
LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING: NOVEkfiER 9.

1979
7
14
21
28
OCT.
5
12
19
26
2
NOV.
9 X
16
23
30
SEP.

90 DAY
CD* S warn

PRIME
COfcNERC 1AL
PAPER
4-6 MONTH

PRIME
BANKERS*
ACCEPTANCES

CORPORATE
Aaa BONDS

MUN1C1 PAL
BONDS XX

11.36
11.84
12.03
11.94
12.01
12.75
13.61
14.37
14.44
14.52

11.24
11.70
11.74
11.64
11.76
13. 18
13.32
14. 10
14.14
14.14

1 1.51
11.75
11.82
11.69
12.04
13.49
13.59
14.32
14. 1 1
14.25

9.34
9.42
9.49
9.50
9.66
9.91
10.09
10.50
10.73
10.83

6.47
6.49
5.57
6.56
6.64
7. 12
7. 18
7.38
7.26
N. A.

* AVERAGES OF RATES AVAILABLE.
XX BOND BUYER’S AVERAGE INDEX OF 20 MUNICIPAL BONDS, THURSDAY DATA. ______ _ „ ^
XXX SEVEN-DAY AVERAGES OF SECONDARY MARKET RATES FOR THE WEEK ENDING WEDNESDAY TWO DAYS
EARLIER THAN DATES SHOWN.
N.A.. - NOT AVAILABLE


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

PREPARED BV FEOERAL RESERVE BANK OF ST. LOUIS

SELECTED INTEREST RATES
AVERAGES OF DAILY RATES ENDED FRIDAY

PERCENT
16.5 rr
z
16.0
15.5

PERCENT
ZZj 16.5

_

=
z

/i

E

1

15.5

15.0
M.5
14.0
13.5

1

=
=
E

I
1

=

12.0

E
1

13.5
13.0

T
/ 1 /

Z

^

10.0

i

'—■'-J
D1SCOU 'IT
, -A

9.5

E

r

9.0

=

Vs

RATE

1
10.0
z

■L

9.0

V\j s'

=
E

V

8.5
8.0

EE-MONT 4 TRE kSURY
BIL MARKE T YIE _D

s/

9.5

E
3-5 YEAR
TREASURY SECURITIES

-\ /

/

s /--

L^v.

1 1.0
10.5

JA- >1

FE 5ERAL FUNDS RATE

12.0
11.5

E
/

12.5

E

Z

E

=

7.5

7.5

5

s

0

=

/

10.5

8.0

=
✓

E

8.5

14.0

E

1

=
E

11.5
1 1.0

15.0
14.5

l
'

13.0
12.5

16.0

-LI
11
1 15

III

in
10

OCT

NOV

29 13 27

SEP

1111
111 111
8 22 5 IB 2 16

2

DEC

MAR

24

JAN

FEB

1111
111 111 1111
16 30 13 27 1 I 25 8 22
APR

MAY

1978

JUN

111

1111
17 31

6 20

3

JUL

AUG

1 1 1 1
1 141 L28 111
12 26 9 23
SEP

OCT

1979

LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING: NOVEMBER 9,

1979
SEP.

OCT.

NOV.

7
14
21
28
5
12
19
26
2
9 *
16
23
30

NOV
1979

FEDERAL
FUNDS K*

3-MONTH
TREASURY
BILL

6-MONTH
TREASURY
BILL *6I8«

1-YEAR
TREASURY
BILL

3-5 YEAR
TREASURY
SECURITIES

LONG-TERM
TREASURY
SECUR1T1ES

11.02
11.30
11.37
1 1 .61
1 1 .91
12.00
13.22
15.14
15.61
13.77

10.20
10.45
10.26
10. 14
10.43
11.62
1 1.91
12.60
12.07
12.27

9.78
10.29
10.32
10. 1 1
10.33
10.66
1 1.72
12.65
12. 19
12.09

9.84
9.96
9.90
9.87
10.07
11.30
11.40
11.94
11.65
11.82

9.52
9.51
9.59
9.61
9.72
10.48
10.79
11.57
11.43
11.46

9. 12
9. 12
9. 13
9. 18
9.31
9.77
9.99
10.36
10.36
10.50

* AVERAGES OF RATES AVAILABLE.
** SEVEN-DAY AVERAGES FOR WEEK ENDING WEDNESDAY TWO DAYS EARLIER THAN DATE SHOWN.
CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS’ H.9 RELEASE.
*** NEW ISSUE RATE
RATES ON LONG-TERM TREASURY SECURITIES ARE COMPUTED BY THE FEDERAL 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. LOUIS

i

7

0

8

NET TIME DEPOSITS
ALL COMMERCIAL BANKS
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS
570
565

BILLION?
555.1
557.0
559.2
560. I
560.2
561 .7

560 tz- OCT

560
555
550
545
540
535
530
525
520
515
510
505
500
495
I I I I

I

SEP

15 28

13 27

10 24

4 18

7 21

FEB

OCT

MAR

LATEST DATA PLOTTED WEEK ENDING: OCTOBER 31.

2

18 30 13 27

JUN
1979

APR

II

25

8 22

5

18

3

17 31

14 28

JUL

1879

CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE.
K NET TIME DEPOSITS ARE DEFINED AS: SAVINGS DEPOSITS. TIME DEPOSITS OPEN ACCOUNTPLUS TIME
CERTIFICATES OF DEPOSIT OTHER THAN NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN
DENOMINATIONS OF 8100,000 OR MORE BY LARGE WEEKLY REPORTING COMMERCIAL BANKS.

NET TIME DEPOSITS
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
11/1/78
1/31/79 3/28/79
5/2/79 5/30/79
7/4/79
8/1/79 8/29/79*
TO THE AVERAGE
OF FOUR WEEKS
ENDING:
3/2B/79
5/ 2/79
5/30/79
7/ 4/79
8/ 1/79
8/29/79
10/ 3/79
10/31/79

5.3
6.6
6.9
8.0
8.7
9.3
9.7
10.0


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

8.5
8.5
10.0
10.8
1 1.3
1 1.6
1 1.8

10.7
12.2
12.9
13.2
13.2
13.3

12.2
13.2
13.5
13.5
13.5

15.2
15.0
14.6
14.3

14.9
14.4
14. 1

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

DEMAND DEPOSIT COMPONENT OF MONEY STOCK
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
285 ----- ,----- ,----

BILLIONS OF DOLLARS
--------- ----- 285

ILLIONS
272.9
274.4
275. I
273.5
271.7
270.9

— OCT

I I I I
I

15 2S 13 27

10 24

7 21

FEB

2

MAR

16 30 13 27

II 25

8 22

APR

1979
LATEST DATA PLOTTED WEEK ENDING: OCTOBER 31,

1979

CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE.

DEMAND DEPOSIT COMPONENT OF MONEY STOCK
COMPOUNDED ANNUAL RATES OF CHANGE . AVERAGE OF FOUR WEEKS ENDING:
11/1/78

1/31/79

3/28/79

5/2/79

5.6
3.4
6.2
7.2
6.8
7.3
6.2

8.5
11.1
11.5
10.2
10.2
8.5

7.0
8.7
7.7
8.3
6.5

5/30/79

7/4/79

8/1/79

8/29/79

7.7
4.4

4.3

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
3/28/79
5/ 2/79
5/30/79
7/ 4/79
8/ 1/79
8/29/79
10/ 3/79
10/31/79

-4.8
-0.6
-1.0
1.3
2.4
2.6
3.4
2.9


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

14.6
11.4
1 1 . 1
8.4

8.6
9.3
6.3

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

9

10

CURRENCY COMPONENT
OF MONEY STOCK
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

billions of dollars

BILLIONS
06

104.8
105.3

— OCT.

105.4

105.2
105.2
105.6

I I I I
I

SEP

15 29

15 27

10 24

OCT

4

7 21

FEB

MAR

18

2

16 30 13 27 11

JUN

APR

LATEST DATA PLOTTED WEEK ENDING: OCTOBER 31,

25

8 22

5 19

JUL

1979

CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE.

CURRENCY
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
11/1/78

1/31/79

3/28/79

9.3
8.7
8.8
8.8
9. 1
9.7
10.0
9.8

7.5
8.0
8. 1
8.7
9.5
10.0
9.7

7.8
8. 1
9.0
10.0
10.5
10. 1

5/2/79

5/30/79

7/4/79

B/l/79

8/29/79

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
3/28/79
5/ 2/79
5/30/79
7/ 4/79
8/ 1/79
8/29/79
10/ 3/79
10/31/79


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

9.0
9.9
11 . 1
1 1.5
10.9

10. 1
11.6
1 1.9
11.1

13.5
13.2
1 1 .9

PREPAREO BY FEDERAL RESERVE BANK OF ST. LOUIS

BORROWINGS FROM FEDERAL RESERVE BANKS
ALL MEMBER BANKS

IN THE NATION

AVERAGES OF DAILY FIGURES

BILLIONS OF DOLLARS
4.0 rz----1----- i---1979 MILLIONS

BILLIONS OF DOLLARS
--------------=1 4.0

1 119
938
1530
2960
3056
1928

SEP

OCT

NOV
1978

DEC

JAN

FEB

MAR

LATEST DATA PLOTTED WEEK ENDING*. NOVEMBER 7,

APR

MAY

JUN
1979

JUL

AUG

SEP

OCT

NOV

1979

BUSINESS LOANS
( COMMERCIAL AND INDUSTRIAL )

BILLIONS OF DOLLARS

WEEKLY REPORTING LARGE COMMERCIAL BANKS
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
158

COMPOUNDED ANNUAL RATES
_ OF
AVERAGE ur
OF
ur CHANGE.
briMituc..
“ THE
FOUR *EEKS ENDING
— OCTOBER 31, 1979 FROM

156
54
152

AUG. 29, 1979
_ AUG.
JUL. 4, 1979
MAY 30, 1979
2. 1979
_ MAY
_ JAN. 31 , 1979

150
19.7
20.9
21 .7

148
146
144
142
140
138
136

bU.LU.QNg

134
132

SEP. 26
OCT. 3

153,070
130
151,735

152,508
I I I I I I I I I I I I 1 I I I
I

15 29 13 27 10 24

FEB

MAR

JUN

APR

JUL

LATEST DATA PLOTTED WEEK ENDING: OCTOBER 31. 1979


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

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

11

128
126
0

12

CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS

ILL IONS OF DOLLARS

WEDNESDAY FIGURES
NOT SEASONALLY ADJUS ItU

BILLIONS OF DOLLARS

BILLIONS

6 20

4 18

I

15 28 13 27 10 24

4 18

7 21

FEB

MAR

APR

2 16 30 13 27

JUN

II 23

8 22

3 IB

3 17 31

JUL

LATEST DATA PLOTTED WEEK ENDING: OCTOBER 31, 1979
CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.6 RELEASE.
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF 8100,000 OR MORE BY LARGE
WEEKLY REPORTING C0M4ERCIAL BANKS.
PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS


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