[Economic Report of the President (2001)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-71.--Aggregate reserves of depository institutions and monetary base, 1959-2000
[Averages of daily figures\1\; millions of dollars; seasonally adjusted, except as noted]
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Adjusted for changes in reserve requirements\2\         Borrowings of depository
--------------------------------------------------------  institutions from the  Federal
Reserves of depository institutions                           Reserve, NSA
---------------------------------------------           --------------------------------
Year and month                                                 Nonbor-
rowed                  Mone-
Total     Nonbor-      plus     Required   tary base    Total     Seasonal   Extended
rowed     extended                                                 credit
credit
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December:
1959.........................................................     11,109     10,168     10,168     10,603      40,880        941  .........  .........

1960.........................................................     11,247     11,172     11,172     10,503      40,977         74  .........  .........
1961.........................................................     11,499     11,366     11,366     10,915      41,853        133  .........  .........
1962.........................................................     11,604     11,344     11,344     11,033      42,957        260  .........  .........
1963.........................................................     11,730     11,397     11,397     11,239      45,003        332  .........  .........
1964.........................................................     12,011     11,747     11,747     11,605      47,161        264  .........  .........

1965.........................................................     12,316     11,872     11,872     11,892      49,620        444  .........  .........
1966.........................................................     12,223     11,690     11,690     11,884      51,565        532  .........  .........
1967.........................................................     13,180     12,952     12,952     12,805      54,579        228  .........  .........
1968.........................................................     13,767     13,021     13,021     13,341      58,357        746  .........  .........
1969.........................................................     14,168     13,049     13,049     13,882      61,569      1,119  .........  .........

1970.........................................................     14,558     14,225     14,225     14,309      65,013        332  .........  .........
1971.........................................................     15,230     15,104     15,104     15,049      69,108        126  .........  .........
1972.........................................................     16,645     15,595     15,595     16,361      75,167      1,050  .........  .........
1973.........................................................     17,021     15,723     15,723     16,717      81,073      1,298         41  .........
1974.........................................................     17,550     16,823     16,970     17,292      87,535        727         32        147

1975.........................................................     17,822     17,692     17,704     17,556      93,887        130         14         12
1976.........................................................     18,388     18,335     18,335     18,115     101,515         53         13  .........
1977.........................................................     18,990     18,420     18,420     18,800     110,324        569         55  .........
1978.........................................................     19,753     18,885     18,885     19,521     120,445        868        135  .........
1979.........................................................     20,720     19,248     19,248     20,279     131,143      1,473         82  .........

1980.........................................................     22,015     20,325     20,328     21,501     142,004      1,690        116          3
1981.........................................................     22,443     21,807     21,956     22,124     149,021        636         54        148
1982.........................................................     23,600     22,966     23,152     23,100     160,127        634         33        186
1983.........................................................     25,367     24,593     24,595     24,806     175,467        774         96          2
1984.........................................................     26,912     23,726     26,330     26,078     187,235      3,186        113      2,604

1985.........................................................     31,558     30,240     30,739     30,495     203,547      1,318         56        499
1986.........................................................     38,826     37,999     38,302     37,652     223,415        827         38        303
1987.........................................................     38,896     38,118     38,602     37,876     239,836        777         93        483
1988.........................................................     40,435     38,719     39,963     39,373     256,875      1,716        130      1,244
1989.........................................................     40,469     40,204     40,223     39,528     267,710        265         84         20

1990.........................................................     41,748     41,422     41,445     40,083     293,249        326         76         23
1991.........................................................     45,495     45,303     45,303     44,506     317,550        192         38          1
1992.........................................................     54,395     54,272     54,272     53,242     350,935        124         18          1
1993.........................................................     60,541     60,459     60,459     59,471     386,561         82         31          0
1994.........................................................     59,433     59,224     59,224     58,274     418,218        209        100          0

1995.........................................................     56,470     56,212     56,212     55,180     434,327        257         40          0
1996.........................................................     50,173     50,018     50,018     48,757     451,617        155         68          0
1997.........................................................     46,868     46,543     46,543     45,183     479,171        324         79          0
1998.........................................................     45,189     45,073     45,073     43,676     512,749        117         15          0
1999 ........................................................     41,742     41,422     41,422     40,435     591,184    \3\ 320         67          0

1999: Jan......................................................     45,499     45,294     45,294     44,012     517,418        206          7          0
Feb......................................................     44,885     44,769     44,769     43,689     521,163        116          9          0
Mar......................................................     43,876     43,811     43,811     42,603     524,387         65         18          0
Apr......................................................     43,856     43,689     43,689     42,695     528,718        166         39          0
May......................................................     44,381     44,254     44,254     43,159     533,813        127         89          0
June.....................................................     42,758     42,613     42,613     41,463     536,549        145        127          0

July.....................................................     42,035     41,726     41,726     40,911     540,488        309        226          0
Aug......................................................     41,910     41,566     41,566     40,750     544,354        344        271          0
Sept.....................................................     41,772     41,434     41,434     40,563     550,333        338        282          0
Oct......................................................     41,339     41,058     41,058     40,189     557,847    \3\ 281        221          0
Nov......................................................     41,560     41,325     41,325     40,231     569,433    \2\ 236         71          0
Dec .....................................................     41,742     41,422     41,422     40,435     591,184    \3\ 320         67          0

2000: Jan......................................................     43,116     42,742     42,742     41,095     591,998    \3\ 374         31          0
Feb......................................................     41,636     41,529     41,529     40,525     573,593    \3\ 108         44          0
Mar......................................................     40,463     40,284     40,284     39,258     571,441    \3\ 179         71          0
Apr......................................................     40,929     40,625     40,625     39,784     573,083        304        120          0
May......................................................     41,357     40,995     40,995     40,414     574,288        362        276          0
June.....................................................     39,958     39,478     39,478     38,894     575,630        479        389          0

July.....................................................     40,258     39,688     39,688     39,190     577,412        570        510          0
Aug......................................................     39,944     39,365     39,365     38,930     577,693        579        554          0
Sept.....................................................     39,861     39,384     39,384     38,759     579,255        477        427          0
Oct......................................................     39,540     39,122     39,122     38,411     580,814        418        299          0
Nov ....................................................     39,433     39,150     39,150     38,242     579,759        283        159          0
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\1\Data are prorated averages of biweekly (maintenance period) averages of daily figures.
\2\Aggregate reserves incorporate adjustments for discontinuities associated with regulatory changes to reserve requirements. For details on aggregate
reserves series see Federal Reserve Bulletin.
\3\Total includes borrowing under the terms and conditions established for the Century Date Change Special Liquidity Facility in effect from October 1,
1999 through April 7, 2000.

Note.--NSA indicates data are not seasonally adjusted.

Data are as released on December 14, 2000.

Source: Board of Governors of the Federal Reserve System.