[Economic Indicators May, 1996]
[Page Number 27]
[From the U.S. Government Publishing Office, www.gpo.gov]
AGGREGATE RESERVES AND MONETARY BASE
[Averages of daily figures\1\; millions of dollars; seasonally adjusted, except as noted by NSA]
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Adjusted for changes in reserve requirements Borrowings of depository
---------------------------------------------------------------- institutions from the Federal
Reserves of depository institutions Reserve (NSA)
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Period Nonborrowed Monetary
plus base Extended
Total Nonborrowed extended Required Total Seasonal credit
credit
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1986:Dec............................................... 38,950 38,123 38,426 37,580 223,571 827 38 303
1987:Dec............................................... 38,866 38,089 38,572 37,820 239,784 777 93 483
1988:Dec............................................... 40,410 38,694 39,938 39,362 256,920 1,716 130 1,244
1989:Dec............................................... 40,508 40,242 40,262 39,585 267,723 265 84 20
1990:Dec............................................... 41,780 41,455 41,478 40,116 293,332 326 76 23
1991:Dec............................................... 45,547 45,355 45,356 44,569 317,502 192 38 1
1992:Dec............................................... 54,367 54,243 54,244 53,212 351,244 124 18 1
1993:Dec............................................... 60,519 60,437 60,437 59,456 386,877 82 31 0
1994:Dec............................................... 59,364 59,156 59,156 58,196 418,723 209 100 0
1995:Dec............................................... 56,364 56,106 56,106 55,086 435,008 257 40 0
1995:Apr............................................... 57,988 57,877 57,877 57,235 427,551 111 82 0
May.............................................. 57,801 57,651 57,651 56,921 430,112 150 137 0
June............................................. 57,383 57,110 57,110 56,418 429,308 272 172 0
July............................................. 57,680 57,309 57,309 56,590 429,822 371 231 0
Aug.............................................. 57,499 57,217 57,217 56,512 430,807 282 258 0
Sept............................................. 57,344 57,066 57,066 56,394 431,685 278 252 0
Oct.............................................. 56,839 56,593 56,593 55,758 432,737 245 199 0
Nov.............................................. 56,333 56,129 56,129 55,390 433,206 204 73 0
Dec.............................................. 56,364 56,106 56,106 55,086 435,008 257 40 0
1996:Jan............................................... 55,606 55,568 55,568 54,121 r435,169 38 7 0
Feb.............................................. 54,848 54,813 54,813 53,997 r433,665 35 7 0
Marr............................................. 55,727 55,706 55,706 54,590 436,862 21 10 0
Apr.............................................. 55,182 55,092 55,092 54,062 436,603 91 34 0
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\1\Data are prorated averages of
biweekly (maintenance period)
averages of daily figures.
Source: Board of Governors of
the Federal Reserve System.