SHORT-TERM MONEY
Deposits sl.lm lower
Aggregate deposits with the five approved dealers in the short-term money market at September 30 were sl.lm lower than for August, at $74.0m. Financial institutions had $4.5m less on deposit at $36.4m, non-financial business deposits were $3.9m higher at $32.6m, but deposits categorised as other also fell, by $500,000 to ss.om.
The weighted average of interest rates paid on total deposits held as at the end of the month rose from 4.434 per cent to 4.436 per cent New deposits accepted by dealers during the month rose $4. Im to $86.3m, but repayments fell $2.4m to $87.5m.
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Bibliographic details
Press, Volume CXII, Issue 33050, 18 October 1972, Page 26
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102SHORT-TERM MONEY Press, Volume CXII, Issue 33050, 18 October 1972, Page 26
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