h6_19840524.pdf

FEDERAL RESERVE statistical release

H.6 (508)Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

For Release at 4:30 Eastern Time

WAY 2 4 , 198aBillions of dollars

Date

1933 APJR.HAYJUNEJULYAUGSEPT.OCT.NCV.DEC.

1984 JAN.FEE.MAR.A.

1983- -APE.MAY.JUKEJULYAUG.SEPT.OCT.NCV.DEC*

198**JAN.FEE.flAfi.APfe.

M1

Sum of currency,travelers checks,

demand deposits andother checkable deposits1

M2M1 plus overnight RPs

and Eurodollars,MMMF balances (gen. pur.and broker/dealer), MMDAs,

and savings and smalltime deposits2

M3M2 plus

targe time deposits,term RPs, term Eurodoiiars

and institution-onlyMMMF balances3

L

M3 plus otherliquid assets4

Seasonally adjusted497,9506.6510,9514.9517.4518.9521.6523-0525.3

530.0532.9535.1535.3

505.2500.7509.8516.6513.5516.3522.3526.7537.8

534.8521.9528. 1543.1

2081.82102.22117.02126.62135.32147.92167.22182.1219b.1

2206.52221.92229.22242.3

2092.42096.72118.12131.92133.32142.22167.12181.22197.9

2210.32211.72230.22254.1

2550.62571.02593.02604.02617.22636.42657.02688.92706.8

2122.22745.32766.82791.7

Not seasonally adjusted

2558.42565.92591.22604.02615.62631.02655.72689.92712.9

2728.12738.02768.12800.2

2980.03003.33033.13059.73075.13097.73114.73146.93177.0

3198.8

Debt

Debt of domesticnonfinancial sectors5

4864.94911.44973.85016.95055.65099.35143.15189.45244.8

5302.25359,75406.0

2991.22999.33028.63052.53070.63085.53110.63148.13184.8

3210.2

4840.14885.24947.44989.85032.95086.25128.45176.05244.8

5290.35340-55388.2

For period ended

1984-APE. 29

162330

BAY 7 P14 P

M1Seasonally adjusted

13-week average

533.0533-5534.0534.2534.5

535. 1535.7

4-week average

535.9536.0536.0534.5534.8535.7537.0

week average

533.4536.5535.8532.3534.7539.9541.0

Not seasonally adjusted13-week average

528.3527.7528.4529.7531.0

531.9533.1

4-week average

528.4533.0538.4543.7543.1

540.7537.6

week average

532.0549.2550.9542.5529.6

539.8538.4

NOTE: SPECIAL CAUTION SHODLD BE TAKEN IN INTEEPBETIJIG WEEX-TO-WEEK CHANGES IN MONEY SUPPLY DATA, WHICH AREHIGHLY VOLATILE AND SUBJECT TO REVISION.P~INDICATES PRELIMINARY DATA.FOOTNOTES APPEAR ON THE FOLLOilHG PAGE

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.6 (508)Table 2

MONEY STOCK, LIQUID ASSETS AND DEBT MEASURESPercent change at seasonally adjusted annual rates

3 MONTHS FROM JAN. 1 9 8 4 1 0 APfi. 1984

6 A0N2US FROM OCX. 1 9 8 3 TO APR. 1 9 8 4

12 MONTHS FROM APfi. 1 9 8 3 TO APfi. 1 9 8 4

THIRTEEN KEEKS ENDING HAY 1 4 , 1 9 8 4FROM THIRTEEN WEEKS ENDING:

FEfi. 1 3 , 1 9 8 4 (11 UEEXS PREVIOUS)

NOV. 1 4 , 1 9 8 3 ( 2 6 iEEKS PBBVIOUS)

HAY 1 6 , 1 9 8 3 ( 5 2 WEEKS PREVIOUS)

M1

4 . 0

5 . 3

7 . 5

6 . 1

6 . 0

7 . 6

M2

6 .

6 .

7 .

9

7

M3

10 .

10 .

9 .

2

1

5

Debt1

12.4

12.1

12.0

1/ GROWTH BATES FOB DEBT ABB BASED ON PERIODS BEGINNING ASD ENDING ONI MONTH EABLIEB THIN FOB 1HB MONETARY AGGBBGATES,NAMELY, DECEMBER 1983 TO MARCH 1984, SEPTEMBER 1983 TO MABCfl 1984, AND BABCB 1983 TO AABCH 1984, BESPECTIVELY. THESEGROWTH BATES REFLECT ADJUSTMENTS FOB DISCONTINUITIES OVEfi TIflE IN THE LEVELS OF DEBT PRESENTED IV OTHFB TABLES,

FOOTNOTES TO TABLE 11/ CONSISTS OF (1) CURBENCY OUTSIDE THE TREASURY, FEDEBAL RESERVE BANKS, AND THE VAULTS OF COMMERCIAL BANKS;

(2) TRAVELERS CHECKS OF NONBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COHHEBCIAL BANKS OTHEB THAN THOSE DOE TODOMESTIC BANKS, THE U.S. GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESSOF COLLECTION AND FEDEBAL RESERVE FLOAT; AND (4) OTHEB CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE OfiDBBOF WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPCSITOBY INSTITUTIONS,CBEDIT ONION SHARE CBAFT ACCOUNTS AND DEMAND DEPOSITS AT THRIFT INSTITUTIONS. THE CUBBENCY AND DEMANDDEPOSIT COMPONENTS EXCLUDE THE ESTIMATED AMOUNT OF VAULT CASH AND DEHAND DEPOSITS, BBSPECTIVELY, HELD BYTHRIFT INSTITUTIONS TO SERVICE THEIB OCD LIABILITIES.

2/ CONSISTS OF Ml PLUS OVERNIGHT (AND CONTINUING CONTRACT) RPS ISSUED BY ALX COMBSBCIAL BANKS AND OVEBNIGHT EUBODOLLABSISSUED TO U.S. RESIDENTS BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE, 8MDAS, SAVINGS AND SHALL DENOMINATIONTIflE DEPOSITS (TIME DEPOSITSINCLUDING BETAIL SPSIN AMOUNTS OF LESS THAN $100,000)

m AND BALANCES IN BOTHTAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BROKER/DEALER HONEY MARKET MUTUAL FUNDS. EXCLUDES IBA AND KEOGHBALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FUNDS. ALSO EXCLUDES ALI BALANCES HELD BY U.S. COMMERCIALBANKS, MONEY MARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOBEIGN GOVERNMENTS AMD COMMERCIAL BANKS, AMDTHE U.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT BEPBESENTS THE ESTIMATED AMOONTOF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS.

3/ CONSISTS OF M2 PLUS LARGE DENOMINATION TIME DEPOSITS AND TERM BP LIABILITIES (IN AMOUNTS OF $100,000 OR MORE) ISSUEDBY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. BESIDEMTS AT FOREIGN BRANCHES OF U.S. BANKSWOBLDWIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPTINSTITUTION-ONLY MONEY MARKET MUTUAL FUNDS, EXCLUDES AMOUNTS HELD BY DEPCSITOBY INSTITUTIONS, THE U.S. GOVERNMENT, HONEYMARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTSTHE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY MONEY MUTUAL FUNDS.

4/ CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TBEASURY SECURITIES, COMMERCIALPAPER AND BANKERS ACCEPTANCES, NET OF MONEY MARKET MUTUAL FUND HOLDINGS CF THESE ASSETS.

5/ DEBT OF DOMESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CREDIT MARKET DEBT OF THE UNITED STATES GOVERNMENT,STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS OF CORPORATE BONDS, MORTGAGES,CONSUMER CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND CTHER DEETINSTRUMENTS. THE SOURCE OF DATA ON DOMESTIC NONFINANCIAL DEBT IS THE FEDERAL BESEBVE BOARD'S FLOW OF FUNDS ACCOUNTS.DEBT DATA ABE ON AN END CF MONTH BASIS.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.6 (508)Table 3

COMPONENTS OF THE MONEY STOCKBillions of dollars, seasonally adjusted

Date

1983 -APB,HATJUNE

JOLTAUG.SEPT.

OCT.ROV.DEC,

1 9 8 4 - J A N ,FEB,MAB.

APR,

WEEK ENDING1984-APB. 2

9162330

BAT 7P14P

Currency1

139.1140.5141.6

142,4143.5144.8

146.0147.2148.0

149.9150.2150.9

151.8

150.7151.2151.8152.3152.2

152.8152.8

Travelerscheckt1

il1.61.61.6

1.61.71.7

1,81.9>.9

4.95.05,0

5.1

09m*n

H.6 (508)Table 4

COMPONENTS OF LIQUID ASSETS AND DEBTBillions of dollars, seasonally adjusted

Date

1983-APR.MAYJUNE

JULYAUG,SEPT.

OCT.NOV.DEC.

1984-JAN.F E B .J9AB.

savings bonds

69.269.569.8

70.170.370.5

70.770.87U0

71.2

Non-M3 components ofshort-term treasury

securities1

196.4198.5206.8

219.6222.9221.6

218.5217.3223.1

227.4

bankersLacceptances2

41.341.040.6

41.643.643.8

42843.043.4

42.8

commercial paper9

122.5123.4122*9

124.412U0125.3

125.7126.9132.4

135.1

Debtfederal debt

1052.31075.01107.1

1120.21136.21149.0

1163.01170.01177.9

1204.71221.51219.8

components4non-federal debt

3812.63836.43866.7

3896.73919.43950.3

3980.14019.44066.8

4097.44138.24186.2

1/ CONSISTS OF U.S. TREASURY BILLS AMD COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BIT OTHER THAN DEPOSITORYXNSTITUTIONS# FEDERAL RESERVE BANKS, MONEY MARKET MUTUAL FUNDS AND FOREIGN ENTITIES.

2/ NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERALHOME LOAN BANK SYSTEM AND MONEY MARKET MUTUAL FUNDS.

3/ TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.4/ DATA ARE ON AN END OF MONTH BASIS.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.6 (508)Table 5

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBTBillions of dollars, not seasonally adjusted

Date

1983-APR.HAYJONE

JULYAOG.SEPT.

OCT.NOV.DEC.

19 84-JAN.FEB.MAR.

APR.

JfEEK ENDING:

1984-APB. 29

162330

HAY 7 P14 P

Currency1

138.7140.4141.9

143.6143.8144.3

145.7147.9150.5

148.4148.3149.8

151.5

149.6152.4151.9151.5150.4

153.2153.1

Travelerschecks2

4.44,54.9

5.25. 15.0

4.84.64.6

4.64.74.8

4 . 8

Demanddeposits3

242.1237.5241.8

244.9241. 1242.0

244.8245.2251.6

249.4237.9239.4

247.8

242.8250.6252.4246.9240.5

244.0244.0

Other checkable deposits

at commercialbanks4

90.888.891.0

91.992-493.4

94.395.697.7

99.297.799.7

102.7

99.9104.5104.9103-298.7

100.8100.2

at thriftinstitutions9

29.229.430.3

31.031.131.6

32.733.333.5

33.233.234.4

36.2

34.937.036.936.135. 1

36.836.2

total

120.0118.2121.2

122.9123-5124.9

127.0128.9131.2

132.5130.9134.1

139.0

134.8141.5141.8139.3133.8

137.6136.3

Nontransactions components

in M2*

1587.21596.11608.3

1615.21619.81626.0

1644.81654.51660.1

1675.51689.91702. 1

1711.0

in M3 only*

466.0469.1473.1

472.1482.3488.8

488.5508.7515.0

517.8526.3537.9

546.1

OvernightRPs8

42.646.046.7

43.542.042.8

45.344.944.8

47.148.147.0

46.4

49.049.344.144.546.8

45.745.2

OvernightEurodollars*

8.29.a9.4

9.610.410.7

11.710.311.3

11.210.710.7

9 . 9

11.69.3

10.27,8

11.6

9.011.9

Generalpurpose andbroker/dealer

money marketfunds

148,2141.4140.2

138.7139.1137.9

137.5138.8138,2

137.9142.1144.8

146.1

145.4146. 1146.8146.4145.4

144.5146.2

1/ CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERfE BANKS AND THE fAOLTS OF COMMERCIAL BANKS. EXCLUDES TBE ESTIMATEDAMOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE T3EIR OCD LIABILITIES.

2/ OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSUERS. TRAVELERS CHECKS ISSUED BY DEPOSITORYINSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.

3/ DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S, GOVERNMENT AND FOREIGN BANKS ANDOFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R. FLOAT, LESS THE ESTIMATED AMOUNT OF DEMANDDEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.

4/ CONSISTS OF NOB AND ATS BALANCES AT COMMERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACTCORPORATIONS. INCLUDES SUPER NOUS OF S30.5 BILLION III THE WEEK ENDED APBIL 30, $30.9 BILLION IN THE WEEK ENDED HAY 7,AND $30.8 BILLION IN THE 1EEK ENDED HAY 14.

5/ CONSISTS OF NOB AND ATS BALANCES AT SAVIHGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHAREDRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS. INCLUDES SUPER NOWS OF S11.5 BILLION IN THE WEEK ENDED APRIL 30, $11.8BILLION IN THE UEEK ENDED BAY 7, AND $11.7 BILLION IN THE HEEK ENDED HAY 14.

6/ SUM OF OVERNIGHT RPS AND EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), MHDAS AND SAVINGSAND SHALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICETHEIR TIME AND SAVINGS DEPOSIT LIABILITIES.

7/ SUM OF LARGE TIME DEPOSITS, TBRH RPS AND EURODOLLARS OF U.S. RESIDENTS, HONEI MARKET FUND BALANCES (INSTITUTION-ONLY), LESS ACONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLYMONEY MARKET MUTUAL FUNDS.

8/ CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL EANKS TO OTHER THAN DEPOSITORY INSTITUTIONS ANDMONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).

9/ ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U.S. RESIDENTS OTBER THAN DEPOSITORY INSTITUTIONS ANDMONEY MARKET MUTUAL FUNCS (GENERAL PURPOSE AND BROKER/DEALER).

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBTBillions of dollars, not seasonally adjusted

Data

1983-APB.HATJ01E

JULYAUG.SEPT.

OCT.HOT.DEC.

1984-JAM.FEB.MAR.

APR.

WEEK ENDING

1984APS. 2

9162330

HAT 7 P14 P

Money market deposit accountsat

commercialbanks

198.4208.4216.0

218.4218.9221. 1

223.4227.1230.0

234.2238.3242.6

245.3

244.9246*7246.9244.7242.8

243.1244.2

atthrift

Institutions

143.0149.1152.6

152.2149.7148.4

147.1145.8145.9

146.2147.7149.9

151.0

total

341.4357.4368.6

370.5368.6369.5

370.5372.9376.0

380.3386.0392.5

396.3

Savings depositsat

commercialbanks

142.4142.1141.6

140.6138.3136.4

135.8133.7132.0

131.3129.9130.2

130.5

130.9131.6130.7129.9129.6

130.1130.1

atthrift

institutions

182.3183.5184.2

184.2181.5179.8

180.1178.3176.5

176.2175.3177.0

178.0

r

total

324.7325.5325.8

324.8319.8316.2

316.0312.0308.5

307.4305.2307.2

308.5

Small denomination timeat

commercialbanks

323.9321.4322.3

327.0332.8337.3

343.9348.9351.0

353.7355.4356.0

356.3

356.1355.5355.6356.8357.2

358.6359.3

atthrift

Institutions

405.8402.3402.7

408.8414.2419.0

427.5434,2437.6

445.7450.0451.6

455.2

deposits2

total

729.7723.8725.1

735.8747.0756.3

771.4783.1788.6

799.4805,4807.6

811.5

Large denomination timeat

commercialbanks4

225.9222.7224.4

220.7223.8224.2

222.1225.5229.0

229.3229.7233.1

233.7

234.4233.8233.2232.9235.1

236.8238.3

atthrift

institutions

69.173.275.3

79.484.790.5

95.898.3

100.7

105.7111.2114.2

118.0

deposits3

total

295.0295.9299.8

300.1308.5314.8

317.9323.7329.7

335.0340.9347.3

351.8

1/2 /

3/

V

SAVINGS DEPOSITS EXCLUDE HMDAS.SHALL DENOMINATION TIME DEPOSITS ~ INCLUDING RETAIL RPS ~ ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000, ALLINDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BAKKS AND THRIFTS ARE SUBTRACTED FROM SMALLTIME DEPOSITS.LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT INTERNATIONALBANKING FACILITIES (IBFS).LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BT MONET MARKET MUTUAL FUNDS, DEPOSITOR!INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.6 (508)Table 5-continued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBTBillions of dollars, not seasonally adjusted

Date

1983-APR.NAYJUNE

JULYAUG.SEPT.

OCT.NOV.D E O

1984-JAN.FEB.MAB.

APR.

WEEK ENDING:

1984-APH. 29

162330

WAY 7 P14 P

Institution-only money

market funds

41.340.539.5

38.638.438.8

39.840.640.3

40.641.641.8

41.8

42.342.042.241.341.3

40.841.5

Term RPs1

at commercialbanks

30.432.631.5

29.631.631.9

30.635.336.4

34.235.735.4

36.3

33.232.738.239.73S.5

36.436.9

at thriftinstitutions

12.513.013.9

14.815.216.1

16.718.119.6

19.118.720.3

22.1

total

42.945.645.5

44.346*948.0

47.353.456.0

53.354.455.7

58.4

TermEurodollars2

91.492.391.9

92.191.990.5

87.593.792.4

91.792.596.7

97.5

Savingsbonds

69.069.369.6

69.970-270-4

70.771.071.3

71.6

Short-termtreasury

securities3

200.3199.5204.4

214.1217.9216.7

216.4215.7222.8

231.0

Bankersacceptances4

40.740.440.1

40.943.143.8

43.043,444.8

43.8

Commercialpaper5

122.8124.2123.3

123.7123.9123.5

124.8128.0132.9

135.7

Federal debt

1049.71068.21093.9

1105.81126.31141.8

1153.51162.41177.9

1201.61219.81227.4

Non-Federaldebt

3790.43817.03853.5

3884.03906.63944.5

3974.94013.64066.6

4088.74120.74160.8

1/ TERM RPS ABE THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE DAY, EXCLUDING CONTINUING CONTRACTS AND RETAIL RPS.2/ TERM EURODOLLARS ABE THOSE WITH ORIGINAL MATURITIES GREATEP THAN ONE DAY. CONSISTS OF THOSE ISSUET TO U.S. RESIDENTS BY

FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE AND BY ALL BANKING OFFICES IN TEE UNITED KINGDOM AND CANADA. EXCLUDES THCSE HELDBY DEPOSITORY INSTITUTIONS AND HONEY MARKET MUTUAL FUNDS.

3/ CONSISTS OF U.S. TREASURI BILLS AND COUPONS WITH REMAINING MATUP1TIES OF LKSS THAN 12 MONTHS HELD tfY CTHER THAN DEPOSITORYINSTITUTIONS, FEDERAL RESERVE BANKS, MONEY MARKET MUTUAL FUNDS, AND FOREIGN ENTITIES.

4/ NET OF SANKFRS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL PESEBVE f?ANKS# FCPEIGN OFFICIAL INSTITUTIONS, THE FEDERALHOME LOAN BANK SYSTEM AND MONEY MARKFT MUTUAL FHNDS.

5/ TOTAL COMMERCIAL PAPEK LESS CCMMEHC1AL PAPER HELD BY SONEY M1KKE1 MUTUAL FUNDS.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.6 (508)Table 6

MEMORANDUM ITEMSBillions of dollars, not seasonally adjusted

Date

1983-APR.MAYJUNE

JULYAUG.SEPT.

OCT.NOV.DEC.

1984-JAN.F E B .MAB.

APR.

WEEK ENDING:

1984APR. 2

9162330

HAY 7 P14 p

Demand deposits at banks due to

foreigncommercial

banks

7 . 67 . 78 . 1

8 . 27 . 98 . 1

8 . 08 . 48 . 2

8 . 38 . 58 . 1

8 . 0

8 . 37 . 87 . 98 . 08 . 0

8 . 38 . 0

foreignofficial

institutions

2 . 01.91.9

2 . 02 . 02 . 0

1.92 . 02 . 0

1.61.91.9

1.7

1.81.71.81.71.7

2 . 01.9

Time andsavingsdeposits

due to foreigncommercialbanks and

foreign officialinstitutions

7.77.57 . 4

7.37.37 . 3

7 . 17.27 . 1

7 . 06 . 86 . 9

7.2

6 . 96 . 97.27.a7.5

7.37.3

demanddeposits atcommercial

banks

3 . 92 . 53 .4

2 . 82 . 43 .2

2 . 72 , 73 . 0

3 . 13 . 13 .0

3 . 8

2 . 53 . 04 . 64 . 04 . 0

3.02.2

U.S.

balances atFederalReserveBanks

3 . 83 . 63 . 4

4 . 23.57 . 4

7 . 12 . 93 . 6

4 . 74 . 54 . 0

7.5

3 , 83 . 14 . 09.6

15.5

5.73.5

government deposits

note balancesat commercial

banksand thrift

institutions

10.J10.0

9 . 8

19.114.014.8

22.04 . 77 . 8

16.519.214.5

12.7

12.17 . 24 . 5

17.621.7

21.915.2

total demanddeposits and

note andFR balances

18.016.016.6

26.019.925.3

31.810.414.11

24,226.821.5

24.0

18.413.313.030.341.2"

30.620.9

timeand savingsdeposits atcommercial

banks

1.10 . 90 . 9

0 . 80 . 80 . 8

0 . 80 . 70 . 7

0 , 90 . 90 . 9

0 . 9

0 . 90 . 90 . 90 . 90 . 9

0 . 90 . 9

IRA and Keogh Accounts

commercialbanks

25.226.426.9

27.528.028.5

28.929.530.1

31.032.734.7

38,3

thriftinstitutions

33.534.535.2

36.036.737.6

37.838.339.5

41.042.844.6

46.9

moneymarket

mutual funds

5 . 25 . 25 . 1

5 . 05. 15 . 0

5 . 15 . 15 . 0

5 . 25.4e5.7e

6.0e

total

63.966.067.2

68.469.871.1

71.872.974.6

77.280.9e85.Oe

91. 1e

e = est mated

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

SPECIAL SUPPLEMENTARY TABLE

Monthly Survey of Selected Deposits and Other AccountsAt All Insured Connerdal Banks and All Mutual Savings Banks1

March 26, 1984 and April 25, 1984(not seasonally adjusted)

Insured Commercial BanksLiability Categories Amount Outstanding ($mil) Average Rate Paid (Z) Number of Issuing Banks

Mar. 26 Apr. 25 Mar. 26 Apr. 25 Mar. 26 Apr. 25

"Super NOW accounts*(standard error of the estimate)

Money market deposit accounts3

Interest-bearing time deposits withbalances of less than $100,000with original maturities of:4

7 to 31 days(standard error of the estimate)

32 to 91 days(standard error of the estimate)

92 to 182 days(standard error of the estimate)

183 days to 1 year(standard error of the estimate)

over 1 year to 2-1/2 years(standard error of the estimate)

2-1/2 years and over(standard error of the estimate)

All IRA/Keogh Plan deposits5(standard error of the estimate)

Retail repurchase agreements6(standard error of the estimate)

30,359(624)

242,905

5,000(432)

15,520(721)

167,794(2,789)

35,060(2,113)

52,659(1,621)

110,534(2,415)

35,078(204)

1,130(208)

30;547\ -X652)

245,289

4,935(401)

16,039(709)

166,779(2,287)

39,946(1,378)

56,838(1,472)

109,953(1,681)

39,074(214)

1,212(196)

7.36

8.50

8.75

8.98

9.87

9.94

10.41

10.80

(N.A.)

8.27

7.37

8.67

8.83

9.06

9.99

10.11

10.59

10.95

(N.A)

8.47

12,106

12,776

7,773

13,201

13,903

11,929

13,192

12,532

13,252

2,851

12,121

12,989

7,786

13,396

14,004

12,408

13,532

12,622

13,386

3,125

Liability CategoriesState-Chartered Mutual Savings Banks

Amount Outstanding ($mll) Average Rate Paid (X)Mar. 26 Apr. 25

Number of Issuing BanksMar. 26 Apr. 25 Mar. 26 Apr. 25

"Super NOW" accounts^(standard error of the estimate)

Money market deposit accounts3(standard error of the estimate)

Interest-bearing time deposits withbalances of less than $100,000with original maturities of:4

7 to 31 days(standard error of the estimate)

32 to 91 days(standard error of the estimate)

92 to 182 days(standard error of the estimate)

183 days to 1 year(standard error of the estimate)

over 1 year to 2-1/2 years(standard error of the estimate)

2-1/2 years and over(standard error of the estimate)

All IRA and Keogh Plan deposits5(standard error of the estimate)

Retail repurchase agreements6(standard error of the estimate)

828(17)

26,075(41)

209(49)

827(89)

26,124(873)

6,206(582)

9,273(768)

22,678(795)

7,411

119(52)

801(17)

26,591(96)

247(45)

910(85)

25,585(360)

6,804(253)

10.203(369)

21,442(327)

7,871(183)

115(51)

7.60

8.82

8.58

8.82

9.97

10.29

10.71

11.16

(N.A.)

8.89

7.58

8.95

8.65

9.01

10.17

10.52

10.92

11.30

(N.A.)

9.12

232

349

118

262

372

303

345

323

364

69

232

357

117

272

373

304

346

340

366

66

N.A. - Data not available.1. Estimates are based on data collected by the Federal Reserve from a stratified random sample of about 550 banksand 75 mutual savings banks. Until the end of September 1983 data were collected concerning specific indexed-celllng and ceiling-free deposit accounts. Effective October 1, 1983, the DIDC deregulated time deposits, andthis survey now provides information on all small interest-bearing time deposits by maturity category. The datapresented for the end of October are not directly comparable to specific account data published previously, butInclude those balances.2. "Super NOW" accounts are NOW accounts containing an agreement between depositor and depository such that,provided certain conditionsIncluding a $2,500 minimum balanceare met, some or all funds deposited are eligibleto earn more than 5.25 percent.3. Money market deposit accounts (MMDAs)Deposits with a $2,500 initial and average balance requirement, norequired minimum maturity but institutions must reserve the right to require at least seven day's notice prior towithdrawal, no restrictions on depositor eligibility, or limitations on the amount of Interest that may be paidunless the average balance falls below $2,500 during which period the NOW account rate ceiling applies; suchaccounts may allow up to six transfers per month, no more than three of which may be draft and may permit unlimitedwithdrawals by mail, messenger, or in person. Estimates for this category of deposits are based on data collectedby the Federal Reserve from weekly deposit reports submitted by about 10,500 commercial banks.4. All interest-bearing time certificates and open account time deposits with balances of less than $100,000,including those held in IRAs and Keogh Plan deposits.5. All IRA/Keogh Plan time deposits regardless of size, type of Instrument in which held, or Interest rate paid.6. Retail repurchase agreements are in denominations of less than $100,000 with maturities of less than 90 daysthat arise from the transfer of direct obligations of, or obligations fully-guaranteed as to principal and interestby, the U.S. Government or an agency thereof*7. Over the last several months the number of mutusl savings banks has declined sharply largely due to the conver-sion of MSBs to federal savings banks. As a result month-to-month changes in the amounts outstanding in variousaccounts sre distorted downward.Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis