Economic statistics - 01.10.1979, Qupperneq 10

II. Money and Credit
Table 4. Monetary Survey
(Milliards of krónur)
Lending* Monev
Position at the end of Net foreign Govern- ment Muni- Non-bank cipal- financ. Private Other assets Money supplv Money and gen. sav. dep. Broad monev Long term for.
period assets (net) ities instit. sector Total net (Ml) (M2) (M3) debt
(i) (2) (3) (4) (5) (6) (7) (8) (9) (10) (ii)
1965 2.0 0.1 0.3 0.7 8.1 9.2 -1.3 2.8 7.8 9.6 0.3
1966 2.1 -0.1 0.4 0.7 9.4 10.4 -1.4 2.9 8.3 10.8 0.3
1967 1.3 0.3 0.4 0.9 10.3 11.9 -1.5 2.7 8.3 II.2 0.5
1968 0.7 0.8 0.6 1.0 11.5 13.9 -1.7 3.0 8.8 12.1 0.8
1969 2.1 1.1 0.5 1.2 12.5 15.3 -1.8 4.3 11.4 15.3 0.3
1970 3.3 0.8 0.8 1.5 14.8 17.9 -2.3 5.2 14.1 18.8 0.1
1971 4.8 0.9 0.9 2.2 17.9 21.9 -3.7 6.2 16.5 22.3 0.7
1972 6.2 0.7 0.8 2.6 21.5 25.6 -4.8 7.3 19.5 26.2 0.8
1973 6.3 2.0 1.0 3.2 29.3 35.5 -5.0 10.7 27.0 35.4 1.4
1974 2.1 6.1 2.0 3.7 46.6 58.4 -9.8 13.8 35.0 45.3 5.4
1975 -3.3 12.8 2.2 6.4 60.7 82.1 -7.2 19.0 46.1 58.5 13.1
1976 -0.3 15.6 3.1 7.9 76.5 103.1 -9.1 23.4 57.4 77.6 16.1
1977 6.2 17.9 3.5 8.9 109.4 139.7 -13.8 33.8 81.5 111.1 21.0
1978:
July -1.6 31.2 5.9 9.7 141.4 188.2 -27.8 42.4 96.7 132.8 26.0
Aug. -3.6 28.8 6.7 9.7 142.4 187.6 -28.6 38.5 92.1 128.9 26.5
Sept. 2.4 31.2 7.4 9.9 153.9 202.4 -37.5 42.4 96.2 133.9 33.4
Oct. 10.6 30.3 8.2 9.9 152.1 200.5 -39.7 45.4 101.6 139.7 31.7
Nov. 14.5 28.1 5.8 10.0 166.6 210.5 -42.9 49.5 106.9 146.0 36.1
Dec. 20.3 32.5 6.0 10.4 160.7 209.6 -29.9 46.2 114.8 163.0 37.0
1979:
Jan. 21.7 38.5 6.1 10.3 163.6 218.5 -38.5 47.8 117.4 168.3 33.4
Feb. 17.9 43.4 5.9 10.3 169.6 229.2 -39.6 49.8 120.6 173.8 33.7
March 25.1 46.6 6.2 10.8 175.4 239.0 -42.6 57.0 131.5 187.4 34.1
April 28.5 46.6 5.8 11.1 181.6 245.1 -44.7 59.9 138.2 193.9 35.0
May 30.5 45.6 5.7 11.1 187.0 249.4 -44.7 62.0 143.4 200.2 35.0
June 29.5 41.9 6.2 11.0 201.0 260.1 -48.6 62.7 145.6 203.5 37.5
July 30.8 41.8 7.0 11.4 205.5 265.7 -52.0 63.7 147.6 206.8 37.7
Aug. 36.0 38.9 8.3 11.2 205.8 264.2 -54.7 62.5 146.7 206.7 38.8
* Including foreign funds relent.
Table 5. Schedule of Interest Rates of Deposit Money Banks
June l-Aug.31/79 From Sept. 1/79
Base Price Tolal Price Total
Feb.21/78- Jan.10/79- rate from compensn- interest compens'n- interest
Jan.9/79 Junel/79 Junel/79 factor rate factor rate
Interest rates on deposits, per cent p.a. 1 General savings deposits . . 19.0 19.0 5.0 17.0 22.0 22.0 27.0
2 6 month time deposits . . . 20.5 20.5 6.0 17.0 23.0 22.0 28.0
3 12 month and 10 year time dep. 22.0 22.0 7.5 17.0 24.5 22.0 29.5
4 3 month interest premium acc. - 25.0 5.5 22.0 27.5 27.0 32.5
5 12 month interest premium acc. 32.0 32.0 7.5 27.0 34.5 32.0 39.5
6 Checking and overdraft acc. 3.0 3.0 - 5.5 11.0 11.0
Interest rates on loans, per cent p.a. 1 General short-term loans4) 23.5 23.5 5.5 20.0 25.5 23.0 28.5
2 Overdrafts 7.0+18.0 7.0+18.0 5.0i) 22.0 27.0 25.5 30.5i)
3 Export produce loans2) . . . 18.04) 8.5 - - 8.5 - 8.5
4 Other produce loans .... 18.04) 18.04) 3.5 17.0 20.5 20.0 23.5
5 Treasury guaranteed securities 25.0 25.0 5.5 22.0 27.5 25.5 31.0
6 Mortgages 26.0 26.0 6.5 22.0 28.5 25.5 32.0
7 Interest premium loans . . . 33.0 33.0 8.5 27.0 35.5 31.5 40.0
8 Indexed securities.i) .... - - - - 2.0 - 2.0
9 Penalty interest rates) . . . 3.0 3.0 - - 4.0 - 4.5
1) Base rate is prime rate. 2) As of January 1, 1979, the principal is linked to the exchange rate of the U.S. dollar. 3) A minimum maturity period of
four years. 4) Prime rate. 5) Per cent per month.