h6_19910627.pdf

FEDERAL RESERVE statistical releaser H.6 (508) Table 1 MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES! B i l l i o n s of dol lars

:

H.6 (508) Table 2

MONEY STOCK AND DEBT MEASURES Percent change at seasonally adjusted annual rates

Ml M2 M3 Debt3

3 Months from FEB. 1991 TO MAY 1991

6 Months from NOV. 1990 TO MAY 1991

12 Months from MAY 1990 to MAY 1991

7.4

6.9

5.5

4.9

4.4

3.4

1.3

3.2

2.2

4.2

4.4

5.5

Thirteen weeks ending JUNE 17> 1991 from thirteen weeks ending:

MAR. 18> 1991 (13 weeks previous) DEC. 17> 1990 (26 weeks previous) JUNE 18, 1990 (52 weeks previous)

8.0

6.4

5.1

5.4

4.0

3.3

2.8

3.1

2.2

1. Growth rates for debt are based on periods beginning and ending one month earlier than for the monetary aggregates, namely, January 1991 to April 1991, October 1990 to April 1991, and April 1990 to April 1991, respectively.

Footnotes to Table 1

1. Consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions) (2) travelers checks of nonbank issuers* (3) demand deposits at all commercial banks other than those due to depository institutions, the U.S. government, and foreign banks and official institutions, less cash items in the process of collection and Federal Reserve float * and (4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NON) and automatic transfer service (ATS) accounts at depository institutions, credit union share draft accounts and demand deposits at thrift institutions. Seasonally adjusted Ml is calculated by summing currency, travelers checks, demand deposits, and OCDs, each seasonally adjusted separately.

2. Consists of Ml plus overnight (and continuing contract) RPs issued by all depository institutions and overnight Eurodollars issued to U.S. residents by foreign branches of U.S. banks worldwide, money market deposit accounts (MMDAs), savings and small-denomination time deposits (time depositsincluding retail RPs--in amounts of less than $100,000), and balances in both taxable and tax-exempt general purpose and broker/dealer money market mutual funds. Excludes individual retirement account (IRA) and Keogh balances at depository institutions and money market funds. Also excludes all balances held by U.S. commercial banks, money market funds (general purpose and broker/dealer), foreign governments and commercial banks, and the U.S. government. Seasonally adjusted M2 is computed by adjusting its non-Mi component as a whole and then adding this result to seasonally adjusted Ml.

3. Consists of M2 plus large-denomination time deposits (in amounts of $100,000 or more) and term RP liabilities issued by all depository institutions, term Eurodollars held by U.S. residents at foreign branches of U.S. banks worldwide and at all banking offices in the United Kingdom and Canada, and balances in both taxable and tax-exempt institution-only money market mutual funds. Excludes amounts held by depository institutions, the U.S. government, money market funds, and foreign banks and official institutions. Also subtracted is the estimated amount of overnight RPs and Eurodollars held by institution-only money market mutual funds. Seasonally adjusted M3 is obtained by adjusting its non-M2 component as a whole and then adding this result to seasonally adjusted M2.

4. Consists of M3 plus the nonbank public holdings of U.S. savings bonds, short-term Treasury securities, commercial paper and bankers acceptances, net of money market mutual fund holdings of these assets.

5. Debt of domestic nonfinancial sectors consists of outstanding credit market debt of the U.S. 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 other debt instruments. The data are derived from the Federal Reserve Board's flow of funds accounts. All data on debt of domestic nonfinancial sectors are presented in month-average form, derived by averaging adjacent month-end levels. These data have also been adjusted to remove statistical discontinuities that may arise in the underlying flow of funds statistics. The presentation of debt data in this release differs, therefore, from the quarterly flow of funds statistics contained in the Federal Reserve releases Z.7 and Z.l. In those releases, published levels of credit market debt are measured on a quarter-end basis and include discontinuities.

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

H.6 (508) Table 3

MONEY STOCK MEASURES B i l l i o n s of d o l l a r s

Seasonally adjusted Ml M2 M3

13-week 4-week week 13-week 4-week week 13-week 4-week week Period en< ding

25

average average average average average average average average average

1991-MAR.

ding

25 833.6 840.5 844.3 3350.1 3372.4 3382.6 4147.4 4170.1 4169.7

APR. 1 835.5 844.0 851.9 3353.9 3376.8 3380.2 4151.3 4169.1 4161.7 8 836.8 844.6 842.1 3358.7 3381.0 3385.7 4155.7 4168.6 4168.9 15 838.5 845.6 844.0 3363.6 3384.1 3387.9 4161.4 4171.1 4183.9 22 839.7 844.8 841.1 3367.4 3384.3 3383.3 4165.0 4172.3 4174.8 29 840.4 841.8 840.0 3370.1 3382.9 3374.5 4166.2 4171.4 4158.1

MAY 6 841.7 843.8 849.9 3373.8 3384.4 3391.8 4168.2 4171.8 4170.3 13 842.9 845.7 851.7 3377.2 3386.6 3396.6 4169.4 4169.7 4175.7 20 844.0 848.7 853.0 3380.5 3390.7 3399.7 4170.4 4170.3 4177.2 27 845.2 851.6 851.7 3383.7 3396.7 3398.6 4171.4 4175.0 4176.8

JUNE 3 846.2 851.8 850.6 3385.7 3396.0 3389.0 4171.1 4173.0 4162.4 lOp 847.5 853.0 856.6 3388.3 3397.3 3402.0 4171.3 4172.4 4173.2 17p 849.0 854.9 860.7 3390.6 3399.0 3406.4 4171.5 4172.2 4176.2

Not seasonally adjusted Ml M2 M3

13-week 4-week week 13-week 4-week week 13-week 4-week week Period ent ding

25

average average average average average average average average average

1991-MAR.

ding

25 832.0 832.0 825.3 3351.8 3370.4 3368.6 4146.7 4167.4 4159.4

APR. 1 831.1 834.9 843.4 3354.5 3375.2 3381.7 4149.7 4168.1 4165.4 8 831.0 840.8 861.8 3358.7 3386.3 3418.8 4154.6 4174.8 4200.4 15 832.8 849.0 865.5 3363.7 3396.8 3418.0 4159.9 4183.4 4208.5 22 834.9 856.4 854.7 3367.9 3403.1 3393.8 4163.1 4187.6 4176.0 29 836.6 853.2 830.6 3371.0 3397.3 3358.7 4164.8 4181.1 4139.5

MAY 6 838.4 849.8 848.4 3374.2 3387.3 3378.6 4166.4 4170.2 4156.8 13 839.6 844.7 844.9 3376.6 3377.4 3378.5 4166.7 4158.0 4159.8 20 841.1 841.7 842.7 3379.2 3373.8 3379.2 4167.3 4153.6 4158.1 27 842.2 841.3 829.1 3381.0 3375.1 3364.2 4167.7 4155.2 4146.0

JUNE 3 843.6 841.7 850.2 3382.6 3376.3 3383.4 4167.3 4155.5 4158.1 lOp 845.9 847.3 867.2 3385.1 3383.5 3407.0 4167.9 4160.9 4181.2 17p 848.2 852.5 863.4 3387.2 3389.4 3403.1 4168.1 4165.3 4175.8

Note: Specia l caut ion should be taken in in terpre t ing week-to-week changes in money supply data , revision. pindicates preliminary data.

which are highly volatile and subject to

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

H.6 (508) Table 4

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT Billions of dollars, seasonally adjusted

Currency1 Travelers checks2

Demand deposits3

Other checkable deposits Nontransact component

ions s

Gen and

money Date Currency1 Travelers checks2

Demand deposits3

At commercial

banks4 At

thrift institutions5 Total In M2 6

In M3 only7

Gen and

money

leral purpose broker/dealer market funds

1990-JAN. FEB. MAR.

224.5 226.6 228.4

7.5 7.6 7.6

277.6 279.4 278.9

198.3 199.6 201.3

87.4 87.9 88.6

285.8 287.5 289.8

2438.2 2453.9 2465.0

827.8 818.2 807.6

318.4 324.2 325.9

APR. MAY JUNE

230.3 231.9 233.7

7.7 7.8 7.8

278.1 275.8 276.3

202.9 203.6 205.5

88.9 88.3 88.2

291.7 292.0 293.7

2472.2 2475.3 2479.1

802.8 799.9 795.2

327.0 325.3 327.5

JULY AUG. SEP.

235.7 238.4 241.5

7.8 8.0 8.2

275.6 278.0 279.1

203.9 204.4 205.7

87.7 87.7 87.3

291.7 292.1 293.0

2484.7 2493.0 2499.7

793.8 793.9 787.5

329.2 335.8 339.3

OCT. NOV. DEC.

243.9 245.0 246.4

8.3 8.4 8.4

277.1 277.2 276.9

205.9 207.1 208.8

85.8 85.7 85.0

291.8 292.8 293.8

2503.1 2500.2 2502.2

785.0 785.3 784.1

341.6 341.9 345.4

1991-JAN. FEB. MAR.

251.6 255.1 256.7

8.4 8.2 8.1

272.9 276.2 277.1

209.2 211.4 214.4

84.7 85.5 86.6

293.9 296.9 301.0

2504.3 2517.9 2531.9

793.6 806.0 794.0

353.9 358.2 363.6

APR. MAY

256.6 256.8

7.9 8.0

275.8 278.7

215.2 220.2

86.8 88.1

302.0 308.3

2540.7 2544.0

787.9 777.8

364.2 365.1

Week ending

1991-APR.

MAY

22 29

6 13 20 27

256.6 257.6

256.5 256.3 256.9 257.4

JUNE 3 257.0 lOp 256.8 17p 257.3

274.2 272.7

279.8 280 279. 275,

276, 281, 283,

214.8 215.3

218. 219. 220. 221.

221. 222. 222.8

87.7 86.8

87. 87. 88. 89.

87. 87. 88.8

302. 302,

305, 307. 308. 310.8

308. 310. 311,

2542 2534

2541.8 2544.9 2546.8 2546.8

2538, 2545, 2545,

791. 783.

778. 779. 777. 778. 773. 771. 769.8

364. 363. 363. 365. 365. 365.8 365.4 364.8 365.0

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions. Outstanding amount of U.S. dollaidenominated travelers checks of nonbank issuers. _w _._. Travelers checks issued by depository institutions are included in demand deposits.

3. Demand deposits at commercial banks and foreign-related institutions other than those due to depository institutions, the U.S. government and foreign banks and official institutions, less cash items in the process of collection and Federal Reserve float.

4. Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreiqn banks, and Edge Act corporations. 5. Consists of NOW and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts. 6. Sum of overnight RPs and Eurodollars, money market fund balances (general purpose and broker/dealer), MMDAs and savings and small time

deposits. This sum is seasonally adjusted as a whole. 7. Sum of large time deposits, term RPs and Eurodollars of U.S. residents, money market fund balances (institution-only), less the estimated

amount of overnight RPs and Eurodollars held by institution-only money market mutual funds. This sum is seasonally adjusted as a whole. eindicates estimated data. p--indicates preliminary data.

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

H.6 (508) Table 4-continued COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT Billions of dollars, seasonally adjusted

Money market deposit accounts Savings deposits1 Small-denomination time deposits2 Large-denomination time

At~ At commercial thrift banks4 institutions

deposits3

Date commercial

banks

At thrift

institutions Total

At commercial

banks

At thrift

institutions Total

At commercial

banks

At thrift

institutions Total

Large-denomination time

At~ At commercial thrift banks4 institutions Total

1990-JAN. FEB. MAR.

355.3 358.1 360.9

132.8 133.8 134.8

488.2 491.8 495.7

189.6 191.4 192.1

216.4 217.3 218.2

406.0 408.7 410.2

532.8 536.9 540.7

613.7 609.9 609.3

1146.5 1146.8 1149.9

401.1 400.4 399.2

158.9 154.5 150.1

560.0 554.9 549.3

APR. MAY JUNE

364.4 366.1 369.6

134.9 134.3 132.6

499.3 500.5 502.3

192.3 192.7 194.0

219.1 218.6 217.8

411.5 411.3 411.8

544.4 553.4 563.8

607.8 600.2 590.8

1152.2 1153.5 1154.6

396.8 397.5 397.7

146.9 143.0 140.3

543.7 540.5 538.0

JULY AUG. SEP.

371.8 374.7 376.1

131.6 131.2 131.3

503.4 505.9 507.4

195.2 195.9 196.5

217.5 216.8 215.8

412.7 412.7 412.3

571.6 574.9 579.4

585.2 583.4 580.7

1156.8 1158.3 1160.1

398.7 395.8 390.9

136.4 133.4 131.0

535.0 529.2 521.9

OCT. NOV. DEC.

376.7 377.4 378.4

130.0 129.4 127.6

506.7 506.8 505.9

197.7 198.2 199.4

213.9 212.9 211.4

411.5 411.1 410.8

588.1 589.5 598.1

573.3 572.3 566.1

1161.4 1161.8 1164.2

386.8 387.4 386.1

128.3 125.1 121.1

515.1 512.5 507.1

1991-JAN. FEB. MAR.

377.7 383.2 388.9

127.5 128.3 130.3

505.2 511.5 519.2

201.4 203.2 205.8

210.6 212.2 214.7

412.0 415.4 420.5

601.6 605.6 607.8

562.3 557.2 550.5

1163.9 1162.7 1158.3

394.0 401.1 399.9

118.0 114.9 111.6

511.9 516.0 511.5

APR. MAY

393.7 399.8

132.9 136.3

526.6 536.1

208.9 211.5

218.4 221.8

427.3 433.2

604.1 601.6

546.2 539.4

1150.3 1141.0

398.0 398.2

108.7 104.5

506.7 502.7

Meek ending

1991-APR. 22 29

393.8 394.4

133.0 133.9

526.7 528.3

209.2 209.9

218.8 219.3

428.0 429.2

603.7 603.0

545.5 543.9

1149.2 1146.8

399.0 398.3

108.2 106.8

507.2 505.1

MAY 6 13 20 27

397.0 399.9 400.5 400.6

135.3 136.0 136.6 136.9

532.3 535.9 537.1 537.5

210.2 210.8 211.5 212.4

220.6 221.3 222.0 222.4

430.8 432.2 433.6 434.9

602.7 601.9 601.4 600.8

542.6 541.1 539.6 537.9

1145.3 1143.1 1140.9 1138.7

397.8 397.7 398.7 398.1

106.2 105.1 104.6 103.3

504.0 502.8 503.2 501.4

JUNE 3 lOp 17p

401.8 404.2 405.5

136.8 137.2 137.9

538.6 541.4 543.4

213.2 214.5 215.1

222.4 223.4 224.2

435.6 437.9 439.2

602.7 603.4 602.4

533.6 529.9 527.7

1136.3 1133.4 1130.1

398.4 398.9 399.3

102.7 101.6 100.9

501.0 500.5 500.2

Savings deposits exclude MMDAs. Small-denomination time depositsincluding retail RPsare those issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial banks and thrifts are subtracted from small time deposits. Large-denomination time deposits are those issued in amounts of $100,000 or more, excluding those booked at international banking facilities. Largeydenomination time deposits at commercial banks less those held by money market mutual funds> depository institutions, and foreign banks and official institutions,

--indicates preliminary data.

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

H.6 (508) Table 4-continued COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT Billions of dollars, seasonally adjusted

Institution-only money

market funds

Non-M3 Components of L Debt components4

Date

Institution-only money

market funds Savings bonds

Short-term Treasury securities1

Bankers acceptances2

Commercial paper3

Federal debt

Non-Federal debt

1990-JAN. FEB. MAR.

102.5 103.4 105.2

117.9 118.4 119.2

330.7 327.3 336.9

40.3 38.5 37.2

345.0 345.6 344.1

2275.8 2291.6 2316.1

7558.0 7605.5 7653.5

APR. MAY JUNE

106.9 107.6 108.1

119.9 120.7 121.4

329.9 315.4 331.7

36.0 35.4 34.7

351.9 349.1 349.1

2330.6 2345.1 2374.2

7696.0 7725.3 7754.2

JULY AUG. SEP.

109.8 114.0 116.2

122.2 123.0 123.8

334.3 329.8 333.8

33.0 32.3 31.8

348.2 347.0 359.0

2401.7 2439.6 2461.9

7787.1 7817.8 7850.5

OCT. NOV. DEC.

119.6 120.5 125.7

124.5 125.2 126.0

330.4 329.8 327.1

32.6 34.0 34.7

358.8 359.0 359.4

2473.9 2507.3 2534.3

7875.6 7892.2 7901.8

1991-JAN. FEB. MAR.

130.1 139.3 142.0

126.7 127.8 128.9

326.4 330.5 330.8

36.0 35.2 32.4

363.4 356.1 352.4

2556.3 2588.6 2599.7

7911.4 7937.4 7964.2

APR. MAY

145.6 146.2

130.1 p 307.5 p 30.7 p 337.6 p 2590.8 p 7987.3 p

Meek ending

1991-APR. 22 29

146.6 146.9

MAY 6 13 20 27

145.5 148.5 146.1 146.1

JUNE 3 lOp 17p

143.9 145.4 144.1

1. Consists of U.S. Treasury bills and coupons with remaining maturities of less than 12 months held by other than depository institutions, 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, Federal Home Loan Banks, and money market mutual funds.

3. Total commercial paper less commercial paper held by money market mutual funds. 4. Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove

discontinuities. p--indicates preliminary data.

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

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a not seasonally adjusted

Money market deposit accounts Savings deposits1 Small-denomination time deposits2 Large-denomination time

At~ At commercial thrift banks* institutions

deposits3

Date

At commercial

banks

At thrift

institutions Total

At commercial

banks

At thrift

institutions Total

At commercial

banks

At thrift

institutions Total

Large-denomination time

At~ At commercial thrift banks* institutions Total

1990-JAN. FEB. MAR.

557.8 559.2 562.8

155.8 154.2 155.5

491.5 495.4 498.5

188.1 189.7 191.9

214.7 215.4 218.0

402.9 405.1 410.0

555.4 557.8 540.6

614.4 610.8 609.2

1147.8 1148.6 1149.7

599.5 599.2 599.1

158.5 154.1 150.0

557.8 555.5 549.1

APR. MAY JUNE

564.6 562.7 567.4

155.0 155.0 151.9

499.6 495.7 499.5

192.9 195.5 195.5

219.8 219.2 219.5

412.7 412.5 414.6

544.4 552.9 565.9

607.8 599.6 590.9

1152.2 1152.4 1154.8

594.6 597.1 597.2

146.0 142.8 140.1

540.6 559.9 557.2

JULY AUG. SEP.

569.1 575.5 575.0

150.6 150.8 150.9

499.8 504.5 505.9

197.2 196.5 196.2

219.7 217.5 215.4

416.9 414.0 411.7

575.2 575.8 579.1

586.8 584.5 580.4

1160.1 1160.2 1159.5

597.5 596.7 592.7

155.9 155.7 151.6

555.2 550.4 524.5

OCT. NOV. DEC.

575.8 579.7 581.6

129.7 150.1 128.7

505.6 509.8 510.5

198.2 197.9 197.7

214.4 212.6 209.6

412.6 410.4 407.5

588.0 588.5 596.1

575.2 571.5 564.1

1161.2 1159.8 1160.2

589.5 589.9 586.1

129.1 125.9 121.1

518.5 515.9 507.1

1991-JAN. FEB. MAR.

580.6 584.7 591.1

128.4 128.8 151.0

509.0 515.5 522.1

199.9 201.5 205.8

209.0 210.4 214.7

408.9 411.9 420.5

602.1 606.1 607.4

562.7 557.7 550.1

1164.7 1165.8 1157.5

592.5 599.6 599.4

117.5 114.5 111.5

509.8 514.2 510.9

APR. MAY

594.0 595.8

155.0 154.9

526.9 550.7

209.5 212.0

219.0 222.5

428.5 454.2

604.2 601.4

546.2 559.2

1150.4 1140.6

595.7 597.8

108.1 104.4

505.9 502.2

Meek ending

1991-APR. 22 29

592.5 589.9

152.5 152.5

525.0 522.2

208.8 209.0

218.5 218.4

427.5 427.4

605.8 602.9

545.6 545.8

1149.5 1146.6

595.7 595.5

107.5 106.0

502.9 501.6

MAY 6 15 20 27

592.1 595.8 596.7 596.5

155.6 154.7 155.5 155.5

525.7 550.4 552.0 552.0

210.4 211.5 212.2 212.7

220.8 222.1 222.7 222.7

451.2 455.6 454.9 455.5

602.6 601.7 601.1 600.4

542.5 541.0 559.5 557.5

1145.1 1142.7 1140.5 1157.9

595.6 596.9 598.0 599.5

105.6 104.9 104.4 105.7

501.2 501.8 502.4 505.2

JUNE 5 lOp 17p

599.2 405.5 404.0

155.9 156.9 157.4

555.1 540.5 541.5

214.1 216.4 216.6

225.5 225.4 225.8

457.5 441.8 442.4

602.4 605.4 602.5

555.4 529.9 527.8

1155.8 1155.4 1150.2

598.4 599.2 598.9

102.7 101.6 100.8

501.1 500.8 499.8

Savings deposits exclude MMDAs. Small-denomination time depositsincluding^ commercial banks and thrifts are subtracted

retail RPsare those issued in amounts of less than $100,000. All IRA and Keogh account balances at from small time deposits.

Large-denomination time deposits are those issued in amounts of $100,000 or more, excluding those booked at international banking facilities. Large-denomination time deposits at commercial banks less those held by money market mutual funds, depository institutions, and foreign banks and official institutions,

-indicates preliminary data.

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

H.6 (508) Table 5-continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT Billions of dollars, not seasonally adjusted

Institution-only money

market funds

Term RPs1

Term Eurodollars2

Non-M3 Components of L Debt components6

Date

Institution-only money

market funds

At commercial

banks

At thrift

institutions Total Term

Eurodollars2 Savings bonds

Short-term Treasury securities3

Bankers 1 acceptances4

Commercial paper5

Federal debt

Non-Federal debt

1990-JAN. FEB. MAR.

105.9 107.1 106.8

47.9 51.6 50.1

49.6 48.9 48.3

97.5 100.5 98.4

74.2 68.4 66.7

118.0 118.5 119.4

338.0 328.8 337.2

40.4 37.5 36.1

347.3 347.6 343.8

2277.5 2295.0 2319.2

7544.8 7569.3 7606.4

APR. MAY JUNE

105.9 106.8 106.2

49.5 50.1 53.4

48.7 49.2 48.9

98.2 99.3

102.2

65.3 67.1 64.4

120.2 120.9 121.6

328.6 310.6 321.4

35.3 35.2 34.9

355.4 357.6 355.4

2331.0 2339.7 2363.0

7649.9 7684.4 7721.5

JULY AUG. SEP.

108.3 113.1 113.4

53.5 55.5 51.7

47.0 46.5 46.6

100.5 102.0 98.3

65.1 68.3 70.0

122.2 122.8 123.5

324.2 325.1 336.2

33.1 32.4 32.3

348.2 344.9 356.8

2386.8 2422.3 2444.5

7758.7 7785.8 7818.5

OCT. NOV. DEC.

117.1 121.2 127.0

50.7 52.3 47.6

44.9 43.4 42.5

95.6 95.7 90.2

70.2 70.0 71.4

124.2 125.0 125.8

335.0 335.8 336.9

32.8 34.6 35.7

353.0 350.3 355.1

2459.3 2498.8 2532.1

7850.7 7871.2 7891.2

1991-JAN. FEB. MAR.

134.8 144.0 143.9

46.6 47.1 46.1

41.6 39.7 37.1

88.2 86.8 83.2

71.9 72.6 71.2

126.8 127.9 129.1

333.8 331.7 330.8

36.1 34.3 31.5

365.7 358.2 352.0

2557.7 2590.7 2602.8

7898.0 7900.1 7915.8

APR. MAY

144.1 145.2

46.7 46.3

35.3 34.8

82.1 81.1

68.6 66.4

130.4 p 306.2 p 30.1 p 341.4 p 2593.0 p 7940.6 p

Meek ending

1991-APR. 22 29

143.6 145.0

46.5 47.3

35.0 34.9

81.5 82.2

69.3 67.5

MAY 6 13 20 27

142.8 146.7 144.6 147.1

47.2 46.9 45.6 46.0

35.2 35.5 35.1 34.5

82.4 82.4 80.7 80.5

66.7 65.3 66.6 66.9

JUNE 3 lOp 17p

143.4 143.4 141.8

45.7 46.8 46.8

33.0 33.1 32.7

78.7 79.9 79.5

66.9 65.0 66.6

5. 6. P"

Term RPs are those with original maturities greater than one day, excluding continuing contracts and retail RPs. Term Eurodollars are those with original maturities greater than one day. Consists of those issued to U.S. residents by foreign branches of U.S world-wide and by all banking offices in the United Kingdom and Canada. Excludes those held by depository institutions and money market mutual funds Consists of U.S. Treasury bills and coupons with remaining maturities of less than 12 months held by other than depository institutions t"~t *

banks .j

Federal

Federal Home Loan Banks, and money market Reserve Banks, money market mutual funds, and foreign entities Net of bankers acceptances held by accepting banks, Federal Reserve Banks, foreign official institutions mutual funds. Total commercial paper less commercial paper held by money market mutual funds. Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities,

-indicates preliminary data.

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

H.6 (508) Table 6

MEMORANDUM ITEMS Billions of dollars, not seasonally adjusted 10

Demand deposits at banks due to

Time and savings deposits due to foreign banks and official institutions

U.S. government depos its IRA and Keogh Accounts

Date

Foreign commercial

banks

Foreign official

institutions

Time and savings deposits due to foreign banks and official institutions

Demand deposits at commercial

banks

Balance at

Federal Reserve

Note balances at depository institutions

Total cash

balance

Time and savings

deposits at commercial

banks

At commercia

banks

At 1 _ thrift

institutions

At money market funds

Total

1990-JAN. FEB. MAR.

9.7 9.0 9.0

1.6 1.6 1.6

3.4 3.4 3.4

4.4 3.5 3.6

6.0 6.2 5.3

18.8 18.5 13.1

29.1 28.2 22.0

1.3 1.3 1.3

110.3 111.9 113.3

133.9 133.9 133.9

31.4 33.0 33.6

275.7 278.9 280.8

APR. MAY JUNE

9.2 9.4 9.1

1.5 1.7 1.5

3.4 3.4 3.3

5.1 3.4 5.5

4.4 5.1 5.0

14.9 21.8 15.4

24.4 30.3 25.9

1.3 1.3 1.2

115.6 117.7 119.5

134.0 133.8 133.6

34.0 34.2 34.3

283.6 285.8 287.4

JULY AUG. SEP.

9.0 9.2 9.4

1.5 1.8 1.9

3.3 3.2 3.2

3.4 3.8 5.1

5.4 5.4 6.4

11.9 19.7 25.9

20.6 28.9 37.5

1.3 1.4 1.2

121.1 122.6 124.4

133.5 133.1 132.5

34.4 35.2 36.9

289.0 291.0 293.8

OCT. NOV. DEC.

9.0 8.9 8.8

1.5 1.4 1.4

3.6 3.3 3.2

3.5 3.7 5.0

5.5 5.6 5.2

17.5 15.4 18.1

26.4 24.8 28.2

1.4 1.4 1.4

126.8 128.6 130.3

132.0 131.5 130.7

37.9 39.2 40.7

296.7 299.3 301.7

1991-JAN. FEB. MAR.

9.2 8.2 8.1

1.5 1.5 1.4

3.2 3.2 3.2

4.9 4.2 5.1

7.8 11.5 6.8

24.5 35.1 23.3

37.2 50.8 35.1

1.3 1.3 1.3

132.1 133.6 135.3

130.3 130.3 130.3

41.5 42.1 42.8 e

303.9 306.0 308.4 e

APR. MAY

8.6 8.3

1.4 1.4

3.3 3.3

5.3 3.6

4.7 5.6

15.0 16.2

25.1 25.4

1.3 1.5

137.3 138.5

129.9 e 129.2 e

43.6 e 44.0 e

310.8 e 311.7 e

Week ending

1991-APR. 22 29

8.6 8.2

1.4 1.5

MAY 6 13 20 27

8.8 8.1 8.2 8.3

1.5 1.4 1.4 1.4

JUNE 3 lOp 17p

8.5 7.6 7.7

1.3 1.4 1.4

3.2 3.3

6.3 5.0

5.2 3.9

17.5 26.2

29.1 35.1

1.3 1.3

3.3 3.3 3.3 3.3

4.6 3.1 3.9 3.1

7.0 5.1 5.4 4.9

30.9 17.5 6.8 10.7

42.5 25.7 16.0 18.7

1.5 1.5 1.5 1.5

3.3 3.3 3.3

4.5 3.6 7.4

5.7 5.4 4.8

18.3 5.8 7.6

28.4 14.8 19.7

1.5 1.6 1.6

eindicates estimated data, pindicates preliminary data.

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