Lending through the Federal Reserve Board's discount window grew 2.6% during the past week, to $108.6 billion on Wednesday.

Borrowings against ABCP held steady at $79 million, and investment banks continued to abstain from the discount window.

Traditional borrowing by commercial banks rose 4.6%, to $31.9 billion. Lending to weak institutions fell 2.9%, to $578 million.

Reserves held by financial institutions at the central bank lost 4.6%, to $822.3 billion. The Fed's balance sheet grew less than 1%, to $2.09 trillion.

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