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L.4.1 CONFIDENTIAL (FR) February 29, 1968. # SURVEY OF MATUMTft^&TOTURE OF OUTSTANDING LARGE DENOMINATION CERTIFICATES OF DEPOSIT AT LARGE WEEKLY REPORTING BANKS AS OF January 31, 1968 NOTE: Sales since the previous survey and comparisons with the previous data reflect a revision in the December series whereby $7.7 million in outstanding negotiable CD's have been eliminated from the series. Banking Section, Division of Research and Statistics, Board of Governors of the Federal Reserve System. TECHNICAL APPENDIX A DERVIATION OF GROSS SALES OF CERTIFICATES OF DEPOSIT Sales of CD's between survey dates are derived in the following manner: Outstanding CD's maturing in each month of the previous survey are subtracted from maturities in the same month of the current survey. Those CD's maturing in the remaining portion of the month in which the current survey is taken are ignored. Those CD's maturing after the last individual month shown in the current survey (i.e. CD's with the longest maturity) are added to those CD's maturing in the last individual month shown on that survey in order to derive on outstandings quantity for a time period comparable1 to the longest maturity CD's shown on the previous survey. The procedure used produces gross sales of CD's between survey dates maturing in each of the eleven full months after the currect survey, and combines sales of CD's maturing in twelve or more months. are also lost by the method described above. Some sales Sales of CD's between the survey dates that mature in the remaining days of the calendar month of the current survey are ignored. However, since the minimum maturity for time deposits under current regulation's is 30 days, the time period between monthly survey dates (28 to 34 days) suggests that very few sales are lost from the series as derived in this manner. Total derived sales will differ from the change in total outstandings between survey dates by (1) the amount of CD's that have matured between surveys and (2) the amount, if any, of sales between survey dates that mature in the remaining days of the calendar month in which the current survey is taken. r TECHNICAL NOTE B CALCULATION OF AVERAGE MATURITIES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT OUTSTANDINGS Average maturities of outstanding negotiable time certificates of deposit are calculated on a weighted .average basis. All CD's are assumed to mature in the middle of the month and those CD's maturing in the survey month--after the survey date—are assumed to mature in the middle of the period between the .survey date and the end of the calendar month in which the survey is taken. The weights are the quantity of CD's maturing in each month or fraction thereof as a proportion of total CD's outstanding and the starting date for calculations is the survey date. A downward bias in the calculated average maturity develops from the fact that all CD's maturing in more than twelve months after the survey date are lumped together. All of these CD's are assumed to mature in the middle of the twelfth full month after the survey date, regardless of the actual, but unknown, maturity of the CD's maturing in more than twelve full months. SALES Average maturity of negotiable time certificates of deposit sold between survey dates are calculated in exactly the same way. That is, they are weighted averages calculated from the survey date with the assumption made that all CD's mature in the middle of the month. Any CD's sold between survey dates and maturing in the period between the current survey date and the end of the calendar month in which the current survey was taken (a maximum of 6 days) are ignored. Technical Note B (continued) This procedure assumes all CD's sold between survey dates were issued on the most recent survey date. While it appears more logical to assume that all CD's were sold at the mid-point between the two surveys, such an assumption would tend to reduce compatibility between average maturities of outstandings and of sales as a result of using two different starting dates for the calculations. If the assumption is made that all CD's are sold at the mid-point between surveys, the average maturity of sales would be lengthened relative to the average maturity of outstandings, by, in effect, using an earlier starting date for sales than for outstandings. Sales of CD's maturing in a particular month are often a large and highly variable proportion of total sales while changes in outstandings due in any particular month are a small and rather stable proportion of the level of total outstandings. As a result, the average maturity of sales is much more sensitive to month-to-month variation in the maturity structure of sales than is the case with the outstandings series. Thus, large changes in the calculated average maturity of sales, or situations in which the average maturity of sales differ sharply from the average maturity of outstandings, should be interpreted with care and references should be made to actual dollar sales by month. Formulas for calculation of average maturities are available on request from the Banking Section, Division of Research and Statistics, Board of Governors of the Federal Reserve System. T MM. L 1 MATURITY 1 / D I S T R I B U T I O N OF i): JT S T A NO I NG NK G( • T I A eL E TIME C FK T IF ICA TP S OF D E P O S I T WEEKLY R E P O R T I N G 3ANK S AS MF CD'S MATURING AMOUNT (MILLIONS PF DOLLARS) IN 3 1 JAN ] lh9 PERCENTAGE D ISTR I RUT ION .0 .0 1968 J A N U A R Y AT CUMULATIVE PERCENTAGE SALES SINCE P R E V I O U S MONTH 2/ (MILLIONS OF D O L L A R S ) .0 .0 FEBRUARY 5,713.4 27.3 27.3 2,158. 1 MARCH 4,70 6.0 22.5 49.8 1,715.5 APRIL 3 ,987.8 19.1 68.9 1,977.5 MAY 1 ,515.1 7.2 76.1 44?.6 JUNE 1 ,293.* 6.2 82.3 371.7 JULY I ,187.8 5.7 88.0 651 . 8 AUGUST 480.4 2.3 90.3 56.4 SEPTEMBER 375.9 1.8 92.1 45.7 OCTOBER 33 3.2 1.* 93. 7 56.6 NOVEMBER 203.1 1.0 94.7 17.3 CECEMBER 224.3 1.1 95.8 92.4 338.8 1 .6 97.4 297.8 55%.7 2.7 100.0 XXX 20 ,919.3 100.0 XXX 7,863.4 1969 J A N U A R Y OVER 12 M O N T H S TOTAL (MEMORANDUM: MARCH MARCH APRIL 38 2.8 309 .3 820.3 11 15 15 1/ I N C L U D E S ONLY C E R T I F I C A T E S 2/ SEE T E C H N I C A L A P P E N D I X A. 3/ SALES OF C D ' S M A T U R I N G AFTER IN DEN0MINAT ICNS 11 N'ONTHS. TAX AND CIVIDEND M A T U R I T I E S ) 1.3 3.9 3.9 CF $ 100,000 OR M O R E XXX XXX XXX ISSUED BY WEEKLY R E P O R T I N G 97.6 345.4 419.0 BANKS. 3/ # # # # AS CF NEW - .0 1969 AMiXlN T - .0 .0 SALES SINCE P R E V I O U S MONTH - . 2/ - •0 WEEKLY A 10LNT REPORTING *0 .0 2 , 2 5 C. 6 83 6.8 421.5 93.6 3,041.6 1,228.0 MARCH 1 t7C5.5 702 .1 498.3 196 .5 2,503.3 816.1 APR IL 1 ,173.7 643.9 3U6.3 155.9 2,4?F.4 1 ,177.5 MAY 466. 6 149.6 114.0 41.3 934.5 250.7 JUNE 424.8 153.8 88.2 18 .9 781 . 5 198 .4 JULY 267.9 145.4 113.5 57 .4 806.2 448.3 AUGUST 15C.1 9.8 32.4 1 .4 2 9 P. 1 45.7 SEPTEMBER 92. 1 12.1 28.4 4.7 255. 9 28 .8 OCTOBER 97.5 10.9 31.1 3.3 205.0 42.2 NOVEMBER 65.0 .3 7.6 1.7 131.3 14.6 DECEMBER 34. 0 14.4 4. ? 1.3 186.3 76. 1 JANUARY 88.2 64.5 /3 OVER 84.7 XXX 32.0 XXX 442.1 XXX 6 *900.7 2,744.1 1,728.5 5S1.8 12,294.2 4,544.1 12 M O N T H S 167.2 381.2 347.1 INCLUDES O N L Y C E R T I F I C A T E S 2/ SEE T E C H N I C A L A P P E N D I X A. 3/ SALES OF C D ' S M A T U R I N G AFTER • TOTALS M A Y N O T ADD DUE 11 M O N T H S . TG H O U N D I N G . AND CIVIOENC M A T U R I T I E S ) 61.7 64.0 89.4 4 1.8 166 .0 205.5 IN D E N C P I M T I l s N CF TAX $10 ),C0C 217.7 /3 243 11 (PEMORANOUP: 11 15 2. 3 0. 0 15.8 / 3 .0 12 NUMBER O F R E P O R T I N G B A N K S MARCH MARCH 21 154.7 365. 3 384.4 16.4 21.9 34. 1 CR MCFfc ISSUET BY W E E K L Y R E P C k T I N G BANKS. BANKS SALES SINCE P R E V I O U S MONTH It FEBRUARY TOTAL * 1/ ALL OTHER CM 10 AGO SALES SINCE PREVIOUS PONTH 2/ - ' COLLARS) YORK CITY AMOUNT JAN 1968 • ^ 1 J Al\ 1 96 8 ( I N M L L U \'S OF IN # 1/ uwTIA^LF TI IE OF/ T IFICAT fcS u F- DEPOSIT AT D I S T R I B U T I O N CF CUT S T A\D I fx C Nt NEVt Y03K C I T Y , C M I C A G C , AND ALL uTH-< W R FKL Y R Fi'U-U IXu H A N K S MATURITY C C S MATURING • # T A i'L^ 2 A 39.5 147.5 179.3 T.4HLL 2'\ 1/ MATURITY UI S 1 R I B U T I O N NEW YCRK U JT OF CITY, T,A .4 H I N (- CHICAGO, AS UF N-GCT I ABLE ANC 31 J A N £LL 1968 ( P E R C E N T ACE OTHER AND ?! IN 31 JAN WEEKLY CEC REPORTING OHPCSIT AT BANKS 1968 ALL OTHER CHICAGO 31 JAN 27 CEC UH DISTRIBUTION) NEW YCRK CITY •S M A T U R I N G T I v; F C E R T I F I C A T E S 31 JAN 27 0EC 27 DEC .0 7.9 .0 4.0 .0 6.4 CI M O N T H S 3/ 32 .6 3 3.5 24.4 29 .5 24. 7 26.3 02 MONTH S 24.7 19 .9 28. H 19.2 20. 4 15.7 03 M O N T H S 17.0 14.1 19.5 17.7 20.2 14.6 04 M O N T H S 6.8 7.5 6.6 10.6 7.6 11.3 05 M O N T H S 6.2 4.5 5.1 4.3 6.4 5.9 06 M O N T H S 3.9 3.8 6.6 4.1 6.6 5. 1 07 M O N T H S 2.2 1.7 1.9 3.3 2.4 3.1 06 M O N T H S 1.3 2.0 1.6 1.8 2.1 2.2 09 M O N T H S 1 .4 1 .1 1.8 1.4 1.7 2.0 10 M O N T H S .9 1.2 .4 1.6 1.1 1.4 11 M O N T H S .5 .9 .2 .3 1.5 1.0 12 M O N T H S 1 .3 .3 1.2 .2 1.9 1.0 1 .2 1 .5 1.9 2.2 3.6 3.9 100.0 100 .0 100.0 100.0 100.0 ICO. 0 C—6 D A Y S 2 / OVER 12 M O N T H S TOTAL * 1/ I N C L U D E S O N L Y C E R T I F I C A T E S IN 9 E N 0 M N A T I C N S CF $ 100, 000 OR M O R E ISSUED BV W E E K L Y R E P O R T I N G BANKS. 2/ NUMBER OF D A Y S R E M A I N I N G IN SUrtVEY M C NI H • THIS PER IUC V A R I E S WITH F O L L O W I N G THE LAST WEDNESDAY CF T HI; NCNTH. 3/ N U M b E R OF M O N T H S F O L L O W I N G THE SURVEY * TOTALS" MAY NO1 ADD CUE TC R C U N Q I N G . fCNTH. THE NUMBER OF DAYS # # # # # # # # Tfu.i 2C MATURITY DISTRIBUTION NEk CF O U T S T A N D I N G YORK CITY , C H I C A G O , AS OF NF G G T i fNC 31 JAN AtJ 1/ L F TIM E CERT IF ICATtS OF D E P O S I T AT riL LTFFR WEEKLY R E P O R T I N G B A N K S 19 hd AND 27 DFC 1968 ( CUKJLAT I VE OISTR I PUT ION) MA 1 UK 1 INb 1 f\ 3 1 JAN ALL CHICAGO NEW YORK CITY LU'b 31 JAN 27 DEC 31 JAN 27 DEC OTHER 27 DEC .0 7.9 .0 4.C .0 6.4 32 .6 41.4 24.4 3 3.5 ?4.7 ?2. 7 02 M O N T H S 57 .3 61.3 53.2 52.7 45. 1 48.4 03 MONTH S 74.3 75.4 72.7 70 .4 65. 3 63. 0 04 MONTH S 81 .1 82.9 79.3 91 .0 72. 9 74.3 U5 M O N T H S 87.3 37 .4 84.4 85.3 79.3 80.2 06 M O N T H S 91.2 91.2 91.0 89.4 85.9 85. 3 07 M O N T H S 93.4 92.9 92.9 92.7 88.3 88.4 08 M O N T H S 94.7 94.9 94.5 94.5 90.4 90. 6 09 M O N T H S 96.1 96 .0 96.3 95. 9 92.1 92.6 10 M O N T H S 97.0 97.2 96. 7 97.5 9?. 2 94.0 11 M O N T H S 97.5 98 .1 96. 9 97.8 94.7 95. 0 12 M O N T H S 98.8 98.4 98. 1 98.0 96.6 96.0 100.0 100 .0 100.0 100.C 100.0 100.0 C-fc D A Y S 2 / 01 M O N T H S OVER 3/ 12 M O N T H S 1/ INCLUDES O N L Y C E R T I F I C A T E S BANKS. IN D E N O M N A T ICNS CF $100, 000 OR MORE ISSUED BY 2/ NUMBER OF D A Y S R E M A I N I N G IN SURVEY M( NTH. THIS PER IOC VARIES WITH THE F O L L O W I N G THE LAST WEDNESDAY OF THE K C M H . 3/ NUMBER OF M O N T H S FCLLC WING THE SURVEY MONTH. WEEKLY R E P O R T I N G NUMBER OF D A Y S MATCTRI rfl TV U I S T R I B ^ I O K T A B L E 3A AT OF O U T S T A N D I N G NEGCT I ^ L E T H F C E R ^ F I C A T E S OF WEEKLY REPORT T NG EANKS BY S I Z E OF BANKS 2 / AS OF 3 1 J A N 1 9 6 8 ( A M O U N T S IN " I L L I O N S OF C O L L A R S ) OFTCSI T $1 $200 $200 CO*S MATURING IN TOTAL MILLION AND UNDER $500 1500 MILLION TC MILLION $1 1 / 91LLION AND PRIME M I L L ION TO TOTAL BILLION NEW YORK CI TY OVER 3/ OUTSIDE NEW Y O R K CITY N G N - P R I ^E 0.0 0.0 0. 0 0.0 0 545 .0 85C.3 4,077 2,16*.5 1,150.6 761 .6 180.2 459.2 779.2 3, 289, 1,5 34.9 1 ,047.6 656.9 3,987.8 17 5.0 439.9 653.9 2, 719 1,C86.7 1 ,041.4 590.9 MAY 1.515.1 59.2 181.9 232.0 1, 042 447. 0 416.7 178.3 JUNE 1.293.7 71.8 166.2 202. 1 853 4C1.3 281 . 7 170.6 JULY 1.187.8 64.5 156.0 198.3 769 251.9 350.8 166.3 AUGUST 48C.4 14.1 82.5 64.3 319 136.6 108.9 74.0 SEPTEMBER 376. G 22.9 40.5 96.2 216 77. 9 84.5 54.0 OCTOBER 333.1 14.2 44.7 53.3 220 95.5 81.5 43.9 NOVEMBER 2C3.2 8.2 39.5 30.4 125 6C.3 34.3 30.5 DECEMBER 224.3 16.6 60 .8 43.0 103 33.0 37.2 33.7 338.7 13.9 41.0 i)8.4 225 84.6 85.4 5 5.4 558. 6 5.2 53.5 88.6 411.3 78.4 247.3 95. 6 20,919.0 886.1 2,309.7 3,350.0 14,373.2 6,503.6 4,967.9 2,901.7 C.O 0.0 FEBRUARY 5,713.3 240.3 MARCH 4.707.0 APRIL 1968 J A N 1969 J A N U A R Y FEBRUARY OR L A T E R TOTAL * 0 .0 (MEMORANDUM TAX AND DIVIDEND MATURITIES) MARCH U 382.7 15.1 20.7 44.6 302.3 155.8 100.9 45.6 MARCH 15 809. 3 22.8 52.2 118.4 615.9 367.2 148.6 100.1 APRIL 15 82C.3 11.S 40.1 84.3 684.1 317.0 273.2 93.9 12 18 — 266 93 (MEMORANDUM: NUMBER 86 OF BANKS) 50 37 1/ I N C L U D E S C E R T I F I C A T E S IN D E N O M I N A T I O N S OF $ 1 0 0 , 0 0 0 CR RE I S S U E D EY W E E K L Y R E P O R T I N G B A N K S . 2/ T O T A L D E P O S I T S A S R E P O R T E D IN THE C A L L R E P O R T CF C C N C I T I C N CN D E C E M B E R 31, 1 9 6 5 . P R I M E B A N K S A R E T H O S E W H O S E N E G O T I A B L E C E R T I F I C A T E S OF D E P O S I T ARE R E G A R D E D AS B E I N G OF THE H I G H E S T Digitized3/ for FRASER R E P O R T E D BY D E A L E R S TO T R A D E W I T H I N 1 GR 2 B A S I S P O I N T S O F EACH O T H E R W I T H I N THE S E C O N D A R Y M A R K E T . http://fraser.stlouisfed.org/ * T O TBank A L S ofM St. A Y Louis N O T ADD D U E TO R O U N D I N G . Federal Reserve QUALITY AND WHICH ARE TABLE 38 SALES /I / OF NEGOTI6BLF T 1 •£ CFRT1F IC 8T F.S OF CFPflSIT SINCE PREVIOUS MONTH 2/ AT 'WEEKLY R E P O R T I N G 3 ANK S BY S I Z E 0 E B A N K S AS CF 3 1 J FN 1 9 6 8 (A4GUNTS I N M L L I C N S OF C O L L A R S ) 3/ 11 BILLION AND OVER C D ' S MATURING IN TOTAL $200 MILLION ANC UNDER $200 MILLION TC $500 MILLION $500 MILLION T0 S 1 BILLION PRIME 4/ TOTAL NEW YORK CITY OUTSIDE NEte YORK CI TY NUN-PR IME 1968 JAN FEBRUARY 2,158. 1 94.0 199.8 318.8 1,545.! 8C2. 3 397.9 345.3 MARCH 1,715.6 57.9 132.8 257.7 1,267.2 654. 8 347.6 264.8 APR IL 1, 977.6 99.1 226 .3 335.7 1,316.5 596. 8 428.6 291.1 MAY 442. 7 10.7 49.5 63.0 319. 5 144. 9 137.7 36.9 JUNE 371.7 15.5 43.2 47.9 265. 1 147.1 70.0 48.0 JULY 652.0 44.9 98.4 114.5 394. 2 140.8 177.8 75.6 AUGUST 56.3 1.4 7.8 8.0 39. 1 9. 8 14.8 14.5 SEPTEMBER 45. 9 1.7 4.6 13.1 26. 5 12. 1 10.7 3.7 OCTOBER 56.6 3.4 5.2 12.1 35.9 1C.2 11.3 14.4 NOVEMBER 1 7.5 0.6 4.3 5.6 7.0 C.9 4.3 1.8 DECEMBER 92.4 6.5 36.5 12.2 37.2 14.6 12.3 10.3 297. 8 11.3 34.0 53.4 198. e 63.3 80.2 55.1 7,884.2 347.5 842.4 1,242.0 5,452.3 2,597.6 1,693.2 1,161.5 1969 JANUARY OR LATER TOTAL * (MEMORANDUM: MARCH 11. TAX AND DIVIDEND M A T U R I T I E S ) 97.5 5.2 4.2 10.3 77.€ 37.9 25.6 14.3 M A R C H 15 345. 5 9*0 15.0 63.7 257.8 153.9 50.4 53.5 APR IL 419. 0 8.6 17.6 37.8 355.0 161.4 15 (MEMORANDUM: 266 93 114.3 59.3 12 18 NUMBER OE BANKS) 86 50 37 1/ SEE TECHNICAL APPEND I X A. 2/ INCLUDES C E R T I F I C A T E S IN DENOMINATIONS OF 1100 ,000 CR K P E ISSUED EY WEEKLY REPORTING B A N K S . 3/ TOTAL DEPOSITS AS R E P O R T E D IN THE CALL REPORT CF CONDITION ON DECEMBER 31, 1965. 4/ P R I M E BANKS ARE THOSE WHOSE NEGOTIABLE CERTIFICATES CF DEPOSIT ARE REGARCEC AS BEING OF THE H I G H E S T QUALITY AND fcHICH ARE Digitized for RFRASER E P O R T E D BY DEALERS TO TRADE WITHIN 1 OR 2 BASIS PCI NTS OF EACH OTHER WITHIN THE SECONDARY MAAKE T. * TOTALS MAY NOT ADD DUE TO R O U N D I N G . TABLE 3C MATURITY DISTRIBUTION OF OUTSTANDING I \ F o 0 T 1 A B L E TIME CEKT I F I C A T T S OF DEPOSIT 1/ AT WEEKLY REPORTING i3A\\S BY SIZE OF BANKS 2/ AS CF 31 J AN 196 8 PERCENTAGE C IS TR IB'JT ION SI BILLION AND OVER CD'S MATURING IN TOTAL $200 MILLION AND UNDER $200 (VILLICN TO $ 500 MILLION $500 MILLION TO SI PILL ION PRIME 3/ TOTAL NEW YORK CITY 0.0 0.0 FEBRUARY 27. 3 27.1 23.6 25.4 28.4 MARCH 22.5 20.3 19.3 23.3 APR IL 19.1 19.7 19 .0 MAY 7.2 6.7 JUNE 6.2 JULY 0.0 0.0 0. 0 0. 0 OUTSIDE NEW YORK CITY NON-PRIME O.O 0.0 33. 3 23.2 26.2 22.9 24.4 21.1 22.6 19.5 ID. 9 1 6. 7 21.0 20.4 7 .9 6.9 7.2 6.9 8.4 6.1 8. 1 7.2 6.0 5.9 6.2 5.7 5.9 5.7 7.3 6.8 5.9 5.4 3.9 7.1 5.7 AUGUST 2.3 1 .6 3.6 1.9 2.2 2.1 2.2 2.6 SEPTEMBER 1. 8 2.6 1.8 2.9 1.5 1.2 1.7 1.9 OCTOBER 1.6 1.6 1.9 1.6 1.5 1.5 ' 1 .6 1.5 NOVEMBER 1. G 0.9 1 .7 0. 9 0.9 C. <= 0.7 1.1 DECEMBER 1.1 1.9 2.6 1.3 0.7 C.5 0.7 1.2 1.6 1.6 1.8 1 . 7 1.6 1.3 1.7 1.9 2. 7 0.6 2.3 2.6 2.9 1.2 5.0 2.9 100. C 100.0 100 .0 100.0 100.0 100. C 100.0 100.0 1968 JAN 1969 JANUARY FEBRUARY OR LATER TOTAL * - (MEMORANDUM: TAX AND DIVIDEND M A T U R I T I E S ) MARCH 11 1.8 1.7 0.9 1.3 2.1 2.4 2.0 1.6 MARCH 15 3.9 2.6 2.3 3.5 4.3 5.6 3.0 3.4 APRIL 15 40. 8 23.7 35.5 34.1 42.7 37.7 52.3 1/ INCLUDES C E R T I F I C A T E S IN DENOMINATIONS OF $100,000 CR MCRF ISSUED BY WEEKLY REPORTING BANKS. 2/ TOTAL DEPOSITS AS R E P O R T E D IN THE CALL REPORT CF CCNCITICN ON DECEMBER 31, 1965 . 3/ P R I M E BANKS ARE THOSE WHOSE NEGOTIABLE CERTIFICATES OF DEPOSIT ARE REGARCEC AS BEING OF THE H I G H E S T QUALITY AND V.HICH ARE REPORTED BY DEALERS TO TRADE WITHIN 1 OR 2 BASIS POINTS CF EACH OTHER WITHIN THE SECONDARY MARKET. * TOTALS MAY NOT ADD DUE TO ROUNDING. 39.2 e e TABLE e • MATURITY 30 • • • e T I ALL T I V; [ CERT IF ICATES UFD E P O S I T C I S T k l B U T I f N CF OUTSTANDING ANKS BY SIZE OF HANKS 2/ AT WEEKLY PITTING fS OF 3 1 J A N 196M C U M U L A T I V E PER CENT AGf IN $200 MILLION ANC UNCE< t200 MILLION TO $500 ^ILLICN 1 500 MILLION TO *1 BILLION 1/ > PRIME 3/ - TOTAL - NEW YORK - CITY CUTSICE NEW Y O R K CITY NON-PRIME 0.0 0.0 ' 0.0 0.0 c. c 73 .6 25.4 28.4 3 3.3 23.2 26.2 47.4 43 .4 4 8.7 51.3 57.7 44. 3 48.8 68.9 67. 1 62 .4 63.2 70.2 74.4 65.3 69.2 MAY 76.1 73.8 70.3 75.1 77.4 81 . 3 73.7 75.3 JUNE 82.3 81.9 77.5 81.1 83.3 8 7. 5 79.4 81.2 JULY 88.0 89.2 84.3 87.0 88.7 91.4 86.5 86 .9 AUGUST SC.3 90.8 87.9 88.9 90.9 93. 5 88.7 89.5 SEPTEMBER 92.1 93.4 89.7 91.8 92.4 94. 7 90.4 91.4 OCTOBER S3.7 95.0 91.6 93.4 93.9 96.2 92.6 92.9 NOVEMBER 94.7 95.9 93.3 94.3 94.8 <=7. 1 92.7 94.0 DECEMBER 95. 8 97.8 95.9 95.6 95.5 <7.6 93.4 95.2 JANUARY 97.4 99.4 97 .7 97.3 97.1 98. 9 95.1 97. 1 100.0 100.0 100 .0 100.0 100.0 1CC.0 100.0 C. 0 0.0 0 .0 FEBRUARY 27.3 27. 1 MARCH 49.8 APR IL 1968 JAN 1969 TOTAL e $1 6 1 L L I O N AND OVER - CD* S M A T U R I N G e FEBRUARY OR L A T E R 1 / INCLUDES C E R T I F I C A T E S IN D E N O M I N A T I O N S OF $100,000 CR PORE ISSUEC BY WEEKLY R E P O R T I N G B A N K S . 2/ TOTAL D E P O S I T S A S R E P O R T E D IN THE CALL REP CRT CF CONCITICN CN DECEMBER 31, 1S65. 3/ P R I M E BANKS A R E THOSE WHOSE N E G O T I A B L E C E R T I F I C A T E S OF DEPOSIT ARE R E G A R D E D AS B E I N G OF THE H I G H E S T QUALITY AND R E P O R T E D BY D E A L E R S TO TRADE W I T H I N 1 OR 2 BASIS POINTS OF EACH OTHER WITHIN THE S E C O N D A R Y M A R K E T . WHICH 100.0 ARE ^ TA A» T BLE # 3E * SALES # /I / f f TI AT WEEKLY v 6 • # # e NEGGT I ABLE CERTIFICATES RFPCRTTNG ' M N K S OF CEPUS I T BY S I Z E AS L F 3 1 J AM 1 9 6 8 P E R C E N T AGF C I S T K I B ' J T I U N SINCE OF 1 PREVIOUS BANKS CCS MATURING IN TOTAL $200 $500 M 1 L L I CN TC NILLICN $500 $1 MILLION TO BILLION 2/ • • 3/ $1 - $200 MILLION ANC UNDER MONTH BILLION - AND ' OVER PRIME 4/ — TOTAL NEW YCRK CITY - OUTSIDE NEW YORK N O N - P R IFRE CITY 1968 JAN FEBRUARY 27.4 27.1 23.7 25.7 28.3 3C.S 23.5 29.7 MARCH 21.8 16.7 15.3 20.7 23.2 25.2 20.5 22.8 APR I L 25. 1 28 .5 26.9 27.0 24.1 23. C 25.3 25.1 MAY 5.6 3.1 5.9 5. 1 5.9 5.6 8.1 3.2 JUNE 4.7 4.5 5.1 3.9 4.9 5.7 4.1 4.1 JULY 8.3 12.9 11.7 9.2 7.2 5.4 10.5 6.5 AUGUST 0. 7 0.4 0.9 0.6 0. 7 C.4 0.9 1.2 SEPTEMBER 0.6 0.5 0.5 1.1 0. 5 0.5 0.6 0.3 C.7 1 .0 0.6 1.0 0.7 C.4 0.7 1.2 NOVEMBER C.2 0.2 0.5 0. 5 0.1 C. C 0.3 0.2 DECEMBER 1.2 1.9 4.3 1.0 0.7 C. 6 0.7 0.9 3.8 3.4 4.0 4.3 3. 6 2.4 4.7 4.7 ICO. 0 100.0 100 . 0 100.0 100.0 ICO. C 100.0 100 .0 OCTOBER 1969 J A N U A R Y OR LATER TOTAL * ' MATURITIES) MARCH 11 1.2 1.5 0.5 0.8 1.4 1.5 1.5 1.2 MARCH 15 4.4 2.6 1.8 5.1 4.7 5.9 3.0 4.6 APRIL 15 5.3 2.5 2.1 3.0 6.5 7. 0 6.8 5.1 (PEfCRANDUM: 266 93 NUMBER OF BANKS I P6 50 37 7 • 1/ SEE T E C H N I C A L A P P E N D I X A. 2/ INCLUDES C E R T I F I C A T E S ' IN C E M D f l M H C N S CF 111)0 ,000 CR K R E ISSUE C EY W E E K L Y R E P O R T I N G B A N K S . 3/ TOTAL D E P O S I T S A S R E P O R T E D IN THE CALL REPORT CF C O N D I T I O N ON DECEMBER 31, 1965. 4/ P R I M E BANKS ARE THOSE WHOSE NEGOTIABLE C E R T I F I C A T E S CF DEPOSIT ARE REGAKCEC AS BEING OF THE H I G H E S T Q U A L I T Y AND R E P O R T E D B Y D E A L E R S TO TRADE WITHIN 1 CR ? BASIS PCINTS CF EACH OT EER W ITHIN THE SECONDARY M A R K E T . • TOTALS MAY NOT ADD DUE TO R O U N D I N G . http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 12 WHICH ARE 18 • § § * # # TAbLE e e # 46 v fV EKZGF .< A I i; k I T Y 0F OUTS TANGING NEGCTI ABLE TIME AT WEEKLY C E R T I F I C A T E S OF DEPOSIT REPORTING AT VARIOUS (IN SURVEY 1/ BANKS DATES MONTHS ) CATE OF SURVEY BANK CLASSIFICATION 31 J A N 1968 2 7 CEC 1967 29 NOV 1967 ( BY LflCAT ION ) ALL REPORTING BANKS ISSUING CD'S 2 .9 2 .9 3. 0 2.5 2.4 2. 6 CHICAGO 2.7 2.7 3.1 OTHER 3.2 3.2 3.3 NEW YORK C I I Y (BY $200 M I L L I O N B A N K ) 2/ 2.9 2.7 2. e $200—$500 MILLION 3.3 3.1 3.2 $500-11,000 MILLION 3.0 3.0 3.2 OVER 2.9 00 <\J UNDER SIZE O F 2. 9 3/ 2.5 2 .4 2.5 Y O R K C I T Y 3/ 3.3 3.3 3. 3 3.0 3.0 3.2 $1 B I L L I O N PRIME IN N E W PRIME GLTSIDE YORK CITY NEW NCN— PRIME 1/ INCLUDES CERTIFICATES 2/ TOTAL DEPOSITS AS 3/ PRIME B A N K S ARE IN D E N O M I N A T I O N S OF REPORTED THOSE WHOSE IN THE CALL NEGOTIABLE W H I C H A R E R E P O R T E D B Y D E A L E R S 1 T O T R A C E $100,000 REPORT OF OR MORE CONDITION ISSUED ON BY W E E K L Y CECEMBER 31, REPORTING BANKS. 1965. C E R T I F I C A T E S OF D E P O S I T ARE R F G A R C E D A S B E I N G OF THE H I G H E S T Q U A L I T Y AND W I T H I N 1 OR 2 B A S I S P O I N T S O F EACH O T H E R W I T H I N THE S E C O N D A R Y M A R K E T . # * * # i • • T tBLL AVERAGE t t # 4h "1 A T I H ITY ' OF NEGOTIABLE TINE CERTIFICATES SOLO BY WEEKLY OF DEPOSIT REPORTING 1/ 3ANKS DURING 1 HE MCNTH UF VARIOUS SURVEYS ( I N MONTHS) DATE OF SURVEY BANK CLASSIFICATION <-31 JAN 1963 27 (BY ALL REPORTING ISSUING iJEC 1967 29 NOV 1967 LOCATION) BANKS CD'S 2.7 2.6 2.9 2.3 2.1 2.7 CHICAGO 2.6 2.7 3.2 OTHER 2.9 3.C 3.0 NEW YORK CITY (BY UNDER $200 MILLION SIZE O F B A N K ) 2/ 2.9 3.0 2.9 $2 00— $5 0 0 M I L L I O N 3.2 3. 1 3. 1 *500-11,000 2.8 2.7 2. 9 2.6 2.5 2.9 2.3 2 .0 2. 7 2.9 3.2 3.1 2.6 2.7 2.9 OVER MILLION $1 B I L L I O N PRIME IN NEW Y O R K PRIME CL1SIDE CITY NEW Y O R K 3/ CITY 3/ NON-PRIME 1/ INCLUDES C E R T I F I C A T E S 2/ TOTAL DEPOSITS AS 3/ PRIME BANKS ARE IN D E N O M I N A T I O N S REPCRTbU THOSE IN THE CALL OF $100,000 REPORT OF OR *CRE ISSUED C O N D I T I O N ON BY W E E K L Y CECEMBER 31, REPORTING BANKS. 1965. wHlJSE N E G O T I A B L E C E R T I F I C A T E S OF O h P O S I T ARE R E G A R D E D A S B E I N G OF THE H I G H F S T Q U A L I T Y A N D TO T R A C E W I T H IN 1 OR 2 B A S I S P O I N T S OF EACI- O T H E R W I T H I N THE S E C O N D A R Y M A R K E T . W H I C H ARE R E P O R T E D B Y D E A L E R S http://fraser.stlouisfed.org/ N O T E — S E E T E C H N I C A L A P P E N D I X B. Federal Reserve Bank of St. Louis # • + e # t • e # # # T AbL h 5 A R A T I O CF O U T S T A N D I N G NEGCT 1 ArLF r- TME C E < T I f I C A T E S HF OLPOS1T T il Al, L t-PMS ITS AT V A R I O U S C P t» \ Jr.VEY DATES C. Eh T ) OATE OF TOTAL DEPOSITS 2/ (IN M I L L I O N S OE DOLLARS ) ALL BANKS CD'S 31 JAN 1/ 19 6 8 SURVEY 27 t-EC. 1^6 7 29 NOV 1967 ISSUING 10.0 9.5 10.5 UNDER 2 CC 6.0 5.7 6. C 20C - 5CC 7.7 7. ? 7. 7 5CC - 1000 8.9 8.2 6.9 11.3 10 .9 12.2 13.3 13.2 15.4 9.5 8.8 9. 7 11.3 IC.5 11.3 OVER 1000 PRIME IN NEW YORK 3/ PRIME O U T S I D E NEW YORK 3/ NUNPRIME 1/ I N C L U D E S C E R T I F I C A T E S IN D E N O M I N A T I O N S 2/ TOTAL D E P O S I T S AS R E P O R T E D IN THE CALL CF tl 00,0 00 OK MORF REPCPT ISSOEC BY WEEKLY R E P d K T I N G CF CCNC 1T I ON H\' C E C L M U R RANKS. 31, 1965. 3/ P R I M E B A N K S ARE THOSE WHOSE N E G O T I A B L E CERT IF IC. AT ES t,f DEPOSIT ARE REGARDED AS B F I M G OF THE H I G H E S T QUALITY W H I C H ARE R E P O R T E D BY D E A L E R S TO TRACE WITHIN 1 [R 2 HAS IS POINTS OF EACH OTHER WITHIN THE SECONDARY MARKET. NOTE- D E P O S I T S IN THE D E N O M I N A T O R OF THE RATIO INTERBANK AND U.S. G O V E R N M E N T D E P O S I T S . IN THIS T ABL t ARE TOTAL PEvAND t fj TIME OE^PSt TS, I N C L U D I N G AND ^ ^ TABLE % R A 7 I C OF OUTSTANDING " (NUMBER O F UN M I L L I O N S OF ALL B A N K S CD'S DOLLARS) ISSUING 1968 BANKS) 15% 20% 111 66 56 23 AVERAGE CO TC D E P O S I T R A T I O (PER C E N T ) 25% OR MORE 20 TO 25% 15 TO 10 TO 5 TO 10% 1/ DEPOSITS AS OF 31 JAN 51 OR LESS ^ N E G O T I A B L E TIME C E R T I F I C A T E S OF D E P O S I T T O TOTAL TOTAL D E P O S I T S 2/ ^ 10.0 UNDER 20 C 51 26 10 5 1 0 6.0 200 - 5CC 42 15 18 7 3 1 7.7 500 - 10CC 14 15 14 4 3 C 8.8 4 10 14 7 2 0 11.3 0 0 6 1 0 0 13.3 2 5 1 3 1 c 9.5 2 5 7 3 1 c 11.3 OVER 1000 PRIME IN NEW PRIME O U T S I D E YORK 3/ NEW YORK 3/ NONPRI ME 1/ INCLUDES C E R T I F I C A T E S IN D E N O M I N A T I O N S 2 / TOTAL D E P O S I T S AS R E P O R T E D OF $ 1 0 0 , 0 0 0 IN THE CALL REPORT OR M U R E ISSUED BY WEEKLY R E P O R T I N G CF CONDITION ON DECEMBER 31» BANKS. 1965. 3/ P R I M E B A N K S ARE THOSE WHOSE NEGOTIABLE C E R T I F I C A T E S OF DEPOSIT ARE R E G A R D E D A S B E I N G OF THE H I G H E S T Q U A L I T Y AND W H I C H ARE R E P O R T E D BY D E A L E R S TO TRADE WITHIN 1 OR 2 BASIS P O I N T S OF EACH OTHER HI THIN THE S E C O N D A R Y M A R K E T . NOTE- D E P O S I T S IN THE D E N O M I N A T O R OF THE RATIO I N T E R B A N K AND U.S. GOVERNMENT D E P O S I T S . IN THIS TABLE ARE TOTAL DEMAND AND TIME D E P O S I T S , I N C L U D I N G TAGL E 5C PEP CENT C H A N G E N E G O T I A B L E TIME C E R T I F I C A T E UF D E P O S I T IN CUTST ANDING 27 DEC 1967 TO 31 JAN (NUMBER UF 1968 BANKS) DECLINES OF TOTAL O E P G S I T S 2 / CIN ALL REDUCED C D ' S TC ZERO M I L L I O N S CF D O L L A R S ) BANKS CD'S 10% CR MORE 5 TC 10% /I INCREASES OF 5% OR LESS NO CHANGE ISSUING 5% OR LESS — 1CX OR MORE 5 TO 1C% 36 28 42 26 38 35 68 I SSLEC C C S BUT HAD NCNE CUTSTANDING ON BASE DATE UNDER 200 0 17 9 10 16 10 10 27 0 200 - 5CC 0 11 10 19 9 13 4 22 0 500 - 1000 0 5 6 9 3 6 14 R 0 0 3 3 4 0 9 7 11 0 0 1 1 3 0 1 1 0 0 1 2 0 0 3 2 4 0 0 1 0 1 0 5 5 6 0 OVER 1000 PR IME IN N E W YORK 3/ PRIME O U T S I D E NEW YORK 3/ NONPRIME 1/ INCLUDES CERTIFICATES IN D E N O M I N A T I O N S 2/ TOTAL D E P O S I T S AS R E P O R T E D OF $ 1 0 0 , 0 0 0 CR MOk£ IN THE CALL REPORT 0 ISSUED BY WEEKLY R E P O R T I N G CF C O N D I T I O N ON DECEMBER 31, BANKS. 1965. 3/ P R I M E B A N K S ARE THOSE WHOSE NEGOTIABLE C E R T I F I C A T E S OF DEPOSIT ARE REGARDED AS B E I N G OF THE H I G H E S T QUALITY AND W H I C H ARE R E P O R T E D BY D E A L E R S TO TRADE WITHIN 1 OR 2 BASIS P O I N T S OF EACH OTHER W I T H I N THE S E C O N D A R Y MARKET. NOTE- THE NUMBER OF BANKS IN THIS TABLE DIFFERS FROM THOSE IN M O S T OTHER TABLES TO THE E X T E N T THAT B A N K S THAT • HAD O U T S T A N D I N G C D ' S ON THE LAST SURVEY REDUCED THEIR O U T S T A N D I N G S TO ZERO ON THIS SURVEY. T * e i _ P 5C PER CENT CHANGE IN O U T S T A N D I N G 2 5 OCT NEGOTIABLE TINE 1 9 6 7 T O 31 JAN (NUMBER OF TOTAL DEPOSITS REDUCED CD'S 25% TO OR ZERO MCRE /2 C IN M I L L I O N S OF D O L L A R S ) ALL BANKS CC S ISSUING DECLINES 1968 , 15% /& # BANKS# INCREASE OF CF 10 TC 15 TC 20% 20 TO 25% C E R T I F I C A T E OF D E P O S I T 5 TC 10% 5% OR LESS NO CHANGE 5% OR LESS 5 TO 10% 10 Ttf 15% 20 15 TO 2 C% 25% OR MORE TO 25% ISSUED C D ' S BUT HAD NONE OUTSTANDING ON B A S E D A T F 3 24 9 13 15 16 25 15 28 33 19 17 18 37 3 UNDER 200 2 16 2 4 6 4 5 9 7 9 6 4 10 15 0 200 - 500 0 7 6 2 4 5 10 6 8 13 7 2 6 10 2 500 - 1000 1 1 0 6 4 4 5 0 7 5 3 4 0 10 1 0 0 1 1 1 3 5 0 6 6 3 7 2 2 0 0 0 0 0 0 2 2 0 2 1 0 0 0 0 0 0 c 0 1 1 0 1 0 2 2 2 1 1 1 0 0 0 1 0 0 1 2 0 2 3 1 6 1 1 0 IK M O K E ISSUED OVER 1000 PRIME IN N E W YORK PRIME OUTSIDE NEW 3/ YORK 3/ N O N P R IME 1/ INCLUDES CERTIFICATES 2/ TOTAL D E P O S I T S NOTE- IN D E N L M I N A T I O N S AS R E P O R T E D IN THE CALL OF $100,000 REPCRT CF C O N D I T I O N ON • BY W E E K L Y R E P O R T I N G CECEMBER 31, » BANKS. 1965. THE N U M B E R UF B A N K S IN THIS T A B L E D I F F E R S F P O T H O S E IN MOST OTHER TABLES TO THE EXTENT THAT B A N K S HAD O U T S T A N D I N G CD'S ON THE S U R V E Y T H R E E f C N T H S PRIOR T O THE CURRENT SURVEY, REDUCED T H E I R OUTSTANDINGS TO ZERO. THAT $ CHANGE ® T AELE0E IN C L T S T A N D I N G OVER THE NEGCT[ABLE TIME MCNTH AS AT T H E A PER 1967 TO CNUMBER OF (IN ALL OEPOSITS M I L L I O N S OF BANKS CD'S 3% AND OVER DOLLARS) 1/ DEPOSITS THE PERIOD 31 J A N 1968 BANK S1 INCREASES OF 1 TO 2 TC 3* C E R T I F I C A T E S OF D E P O S I T OF DECLINES 2/ i $ CENT O F T O T A L BEGINNING OF 27 DEC TOTAL ^ 1% ANO LESS 2% ISSUING NO C FAN GE 1% AND LESS 3% AND OVER 2 TO 3% 1 TO 2% 0 2 15 90 19 100 21 10 9 UNDER 200 0 2 4 31 10 33 8 3 2 200 - 500 0 0 4 36 7 3C 4 •4 1 500 - 1C0C 0 0 4 16 2 IS 5 0 4 0 0 3 7 0 18 4 3 2 0 0 2 3 0 1 1 0 0 0 0 I 2 0 7 1 0 1 0 0 0 2 0 10 2 3 I $100,000 Crt M O R E ISSUED OVER 1000 PRIME IN N E W PRIME OUTSIDE YORK 3 / NEW YORK 3/ N O N P R I ME 1/ INCLUDES CERTIFICATES 2/. T O T A L D E P O S I T S IN DE N C M NAT I C N S AS R E P O R T E D IN T H E C A L L OF REPCRT CF CONDITION ON BY W E E K L Y R E P O R T I N G CECEMBER 31, BANKS. 1965. 3/ P R I M E B A N K S ARE THOSE W H O S E N E G O T I A B L E C E R T I F I C A T E S OF D E P O S I T A R E R E G A R D E D A S B E I N G OF THE H I G H E S T QUALITY A N D W H I C H A R E R E P O R T E D BY D E A L E R S TO T R A D E W I T H I N I C R 2 B A S I S P O I N T S O F E A C H O T H E R W I T H I N THE SECONDARY MARKET• NOTE- D E P O S I T S IN THE D E N C M I N A TOR OF THE R A T I O INTERBANK AND U.S. GOVERNMENT DEPOSITS. IN T H I S T A B L E ARE T O T A L DEMAND AND T I M E DEPOSITS* INCLUDING TABLE CHANGE OVER IN OUTSTANDING THE LAST THREE NEGCTIABLE MCNTHS AT THE 25 AS BEGINNING OCT 1967 TC (NUMBER TOTAL (IN ALL DEPOSITS MILLIONS BANKS CC S OF 2/ DECLINES DOLLARS) 5% AND OVER 4 TO 5% 3 TC 4% OF 5F" TIME CERTIFICATES A PER CENT OF OF D E P O S I T TOTAL 1/ DEPOSITS OF THE P E R I O D 31 JAN 1968 BANKS) CF I N C R E A S E S OF 2 TC 3% 1 TO NO CHANGE it ANC L ESS 2% 1% AND UNDER 1 TO 2 TO 3% 2% 3 TO 4 TC 5% AND ISSUING 25 65 81 39 16 UNDER 200 0 1 2 3 7 24 5 25 16 4 1 3 2 200 - 500 0 0 0 3 10 21 4 29 6 7 2 0 0 500 - 1000 0 1 0 2 3 14 0 15 7 1 2 1 3 0 0 0 0 5 6 0 12 e 4 2 0 0 0 0 0 0 2 2 C 2 L 0 0 0 0 0 0 0 0 2 1 0 5 3 C I <J 0 0 0 0 0 1 3 0 5 4 4 1 0 0 OVER 1000 PRIME IN NEW PR IME O U T S I D E YORK 3/ NEW YORK 3/ NONPR IME 1/ INCLUDES 2/ TOTAL NOTE- CERTIFICATES DEPOSITS AS IN DENCMI NAT ICHS REPORTED IN THE C A L L CF $100 , 0 0 0 R EP CRT D E P O S I T S I N THE DENCMINATOR OF THE RAT IC I N T E R B A N K AND U . S . GOVERNMENT D E P O S I T S . IN CF CP MORE CONDITION THIS TABLE ISSUEC ON ARE BY WEEKLY R E P O R T I N G CECEMBER TOTAL 31, BANKS; 1965. DEMAND AND T I M E DEPOSITS, INCLUDING " I ABL E 6 A ' MATURITY 01 SIR I BUT [ON OF CUT ST ANCI 1<G N E G O T I A B L E TIME C E R T I F I C A T E S OF D E P O S I T AT W E E K L Y R E P O R T I N G R A N K S BY F E D E R A L R E S E R V E D I S T R I C T AS OF (AMCUNTS 31 JAN I/ 1968 IN VILLI ONS OF COLLARS) ST. LOUIS MINNEAPOLIS KANSAS CITY DALLAS SAN FRANCISCC 0.0 O.C C.O 0.0 0.0 0 .0 143.2 660.5 112.6 69.1 80.5 301. 1 749 .2 78.5 110.2 734.7 87.4 54. 7 86.2 253.6 614.2 318.9 54.5 88.9 546.3 56.4 62.0 108.2 292.1 712.8 39.6 105.3 27.3 35.0 192.5 32.5 24.2 42.3 88.2 259.3 512.6 64.6 86.5 23.5 34.5 137.0 17. 2 18.5 28.4 67.9 212.5 58.6 341.7 24.1 113.7 21.4 37.8 174.3 16.1 12.1 28.3 123.7 236.0 480. 6 25.6 173.8 15 .5 63.7 2.0 10.7 69.0 6.7 4.0 4.7 23.5 81.4 SEP 375.9 25.7 132.0 14.5 30 .5 14.6 8.1 59.7 9.2 5.5 5.5 21.4 49.2 OCT 333.2 26.6 1 13.7 5.4 38.0 13.2 8.8 56.0 3. 3 2.6 5.9 17.7 42.0 NOV 203.1 14.6 74.6 7.1 12.2 6.2 8.9 26.9 2.9 C.9 2.9 13.4 32.5 DEC 224.4 7.8 45.3 10.^ 27.5 27.7 7.0 15.8 7. 1 3. 0 8.0 27.1 37.2 1 9 6 9 JAN 338.7 13.5 108.2 16.6 ? 1. 3 3.1 9.5 44.4 3. 7 4.5 4.2 34.4 75.3 558.6 29. 9 114.3 32 .3 166. 1 8.8 21.4 73.8 4.6 C. 2 0. 0 25.9 80.9 20919.4 1251.3 8322.1 599.8 1581 .8 350.3 5 24.4 2790.9 359.9 261^3 405.1 1290.0 3182.5 AVERAGE MATURITY IN M O N T H S 2/ 2.9 2.8 2.5 3.5 4.0 3.8 3.2 2.9 2.6 2.6 2.8 3.2 3.1 NUMBER BANKS 266 18 48 10 20 16 2 1 36 1C 5 21 25 36 ALL 01 sTRICTS BOSTON 1 9 6 8 JAN 0,0 0.0 FEB 5713.2 MAR C D ' S M A T U R ING IN R ICHATLANTA MONC PHI LADELPHI A CLEVELAND 0.0 0 .0 J.O 0.0 0 .0 3fc6.1 2693.5 145.3 312.4 69.5 4707.0 243.1 2038.5 120.2 285.7 APR 3987.8 216.0 1428.0 103.7 MAY 1515.2 113.1 555.9 J UN 1293.9 90.7 JUL 1187.8 AUG FEB O R TOTAL LATER * . OF REPORTING 1/ INCLUDES O N L Y C E R T I F I C A T E S 2/ SEE TECHNICAL APPENDIX <= D E T A I L S M A Y N O T A D D TO ISSLED NEW YORK IN HEhCM [ N AT I O S 3. T O T A L S OLE TC R O U N D I N G . LF 1 100, -)00 OR 10 RE CHICAGO BY W E E K L Y R E P O R T I N G BANKS. # # # e e # e # e • TABLE 66 S A L E S CF N E G O T I A B L E T I M E C E R T I F I C A T E S UF D E P O S I V 5 I N C E WEEKLY REPORTING BANKS BY FEDERAL R E S E R V E C I S T R I C T AS OF 31 JAN (AMCUNTS 1968 IN M L L IONS OF COLLARS ) NEK YORK 1968 FEB 2158.1 2C0.8 MAR 1715.5 APR 1 977. 7 MAY 1 1 BOSTON DALLAS SAN FRANCISCO 29.5 124.3 281.8 2 C. 8 21.5 71.2 198.6 29.2 24.6 53.2 160.2 303.3 65.9 9.6 6.6 22.1 13.0 49.1 4.3 28.2 7.1 3.3 4.0 22.3 58.6 18.6 20.8 93.0 11.2 8.9 15.4 74.9 150.6 1.4 0.2 0 .0 13.0 C. 1 0.0 0.1 2.6 15.0 2.2 2.6 0.7 0 .4 11.0 C. 3 0.2 0.1 2.2 5.2 11.7 0 .6 11.0 1.6 1 .4 10.6 0.4 C. 3 0. 1 2.2 5.7 3. 0 2.4 0 .6 1.3 0.2 1.1 2.4 C.C C. 1 0.2 2.4 3 .8 92.4 1 .7 17.8 2.0 4.8 17.0 1.2 2.3 2.C 2.0 5.6 13.2 22.8 297.8 11.4 81.7 16.0 15.4 2.4 6.8 29.6 3.5 4.5 4.2 35.9 86.4 7883.8 562.4 3390.4 207.7 357.4 122.2 176.8 987.4 125.6 92.6 156.0 524.4 1180.9 2.6 2.4 2.2 3.0 2.9 4. 1 2 .6 2.7 2.5 RICHMOND 1068.1 56.5 93.1 15.3 60.6 171.0 35.8 21.3 66.5 866.5 43.1 63.0 19.6 23.1 275.2 26.4 120.9 778 .2 48 .9 94.2 29.7 50.1 285.2 442.6 62.7 176.9 4.4 18.9 6.4 7.0 J UN 371.6 21.2 1 72.2 20.6 19. 3 10.5 JUL 651. 8 33.8 180.7 11.5 32.4 AUG 56.4 4.1 18.6 1.3 SEP 45. 7 5 .2 15.6 OCT 56.7 11.1 NOV 17.5 CEC OR LATER * AVERAGE MATURITY IN M O N T H S 3/ 1/ SEE Zt INCLUDES ONLY C E R T I F I C A T E S 3/ SEE Chi— ST. TECHNICAL APPEND I X A. TECHNICAL APPENDIX CETAILS MAY NOT ADD TO ISSUED IN D E N C M N A T I C N S 3. T O T A L S OLE U RCLN'CING. OF $ 1 0 0 , 0 0 0 OR M O R E BY WEEKLY REPORTING BANKS t iz> CLEVELAND * < PHILADELPHIA JAN * MONTH 1 •i ALL DI STRICTS TOTAL PREVIOUS KANSAS v MATURITY T A B L F 6C 0 I S T K I BUT ION CF C U T S T A N C I N G N E G O T I A B L E T I M E C E R T I F I C A T E S OF D E P O S I T_ 1 / AT W E E K L Y R E P O R T I N G BANKS BY F E D E R A L R E S E R V E [DISTRICT AS OF 31 JAN (PERCENTAGE ALL DI STRIC TS BOSTON 1 9 6 8 JAN 0.0 0.0 FEB 27,3 MAR CD'S MATURING IN 196 8 CISTRIBUTIUNI R IC 1— MON C ATLANTA CHICAGO PHILADELPHIA CLEVELAND 0.0 0.0 0.0 0.0 0 .0 0.0 30.9 32.2 24.2 19.7 19.8 27 .3 22. ? 22. 5 19.4 24.5 20.0 18.1 22.4 21.0 APR 19. 1 17.3 17.2 17.3 20.2 15.6 MAY 7.2 9.0 6.7 6 .6 6.7 J UN 6.2 7.2 6.2 10.8 JUL 5.7 4.7 4.1 AUG 2.3 2.0 SEP 1.8 OCT NEW YORK ST. LOUIS MINNEAPOLI S KANSAS DALLAS CI TY SAN FRANCISCC 0.0 0.0 0.0 0.0 31.3 26.4 19.9 23.3 23.5 26.3 24.3 2C.9 21.3 19.7 19.3 17.0 19.6 15.7 23. 7 26.7 22.6 22.4 7.8 6.7 6.9 9.0 9.2 10.4 6.8 8.1 5.5 6.7 6.6 4.9 4. e 7.1 7.0 5.3 6.7 4.0 7.2 6.1 7.2 6.2 4.5 4.6 7.0 9.6 7.4 2.1 2.6 4.0 0.6 2.0 2.5 1.9 1.5 1.2 1.8 2.6 2.1 1.6 2.4 1.9 4.2 1 .5 2.1 2.6 2. 1 1.4 1.7 1.5 1.6 2.1 1.4 0 .9 2.4 3.8 1.7 2.0 C.9 1.0 1.5 1.4 1.3 NOV l.C 1.2 0.9 1.? 0.8 1.8 1.7 1 .0 0.8 0.3 0.7 1.0 1 .0 DEC 1.1 0.6 0.5 1.8 1.7 7.9 1.3 0.6 2.0 1.1 2.0 2.1 1.2 1969 J A N 1.6 1.1 1.3 2.8 1.3 0.9 1.8 1.6 l.C 1.7 1.0 2.7 2.4 2.7 2.4 1 .4 5.4 10.5 2.5 4.2 2.6 1.3 0.1 0.0 2.0 2.5 1C0.C 100.0 100 .0 100.0 100.0 100.0 100.0 100.0 1 CO.O 100.0 100.0 100.0 OR M O R E BY WEEKLY REPORTING BANKS. FEB O R TOTAL 1/ * LATER INCLUDES ONLY C E R T I F I C A T E S ISSUED 100.0 IN O E N G M M T I C NS CF $100,000 0. C T A :?L t 6 C MATURITY DISTRIBUTION CF O U T S T A N C I KG N E G O T I A B L E T I M E C E R T IF ICATES OF AT W E E K L Y R E P O R T I N G B A N K S BY F E C E M L R E S E R V E C I S T R I C T AS OF 31 J A N (CUMULATIVE CD'S MATURING IN ALL DISTRICTS BOSTON 1968 JAN 0.0 0.0 FEB 27.3 MAR DEPOSIT 1/ 1968 PERCENTAGE I ST. LOUIS MINNEAPOLIS KANSAS CITY DALLAS SAK FRAKCISCC 0.0 O.C 0.0 0.0 0.0 0.0 27.3 23.7 21.3 26.4 19.9 23.3 23.5 42.2 48.3 50.0 55.6 47.5 41.2 43.0 42.8 58.0 57.8 65.3 69.6 71.3 71.2 67.9 65.6 65.2 68.1 64.7 65.6 72.0 76.5 80.3 80.4 78.3 72.4 73.3 86 .8 78.9 70.2 72.3 78.6 81.4 65.1 87.5 85.3 77.7 80.0 88.5 90.9 82.9 77.4 78.4 85.8 87.6 , 89U6 ' 92.1 92.3 87.3 67.4 90.3 90.5 93.0 85.5 81.4 79.0 87.8 90.1 91.5 93.6 93.5 89.1 90.0 SEP 92.1 92.6 94.6 87.9 83.3 83.2 89.3 92.2 94.1 95.7 94.9 90.8 91.5 OCT 93.7 94.7 96.0 88.8 85.7 87.0 91.0 94.2 95.C 96.7 96.4 92.2 92.8 NOV 94.7 95.9 96.9 90.0 86.5 88.8 92.7 95.2 95.8 97.0 97.1 93*2 9 3.8 DEC 95. 8 96.5 97.4 91,8 88.2 96. 7 94.0 95.8 97.6 98.1 99. 1 95.3 95.0 1 9 6 9 JAN 97.4 97.6 98.7 94.6 89.5 97.6 95.8 97.4 98.8 99fc 8 100.1 98.0 97.4 1C0.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 OR M O R E BY WEEKLY REPORTING BANKS. PHILADELPHIA CLEVELAND 0.0 0.0 0.0 0.0 0.0 30.9 32.2 24.2 19.7 19.8 49. 8 50.3 56.7 44.2 37.fi APR 68.9 67.6 73.9 61.5 MAY 76.1 76.6 80.6 J UN 82.3 83.8 JUL 88.0 AUG FEB OR LATER 1/ NEW YORK INCLUDES ONLY C E R T I F I C A T E S ISSUED I N OEMCPIkATlCNS CF $ 1 0 0 , 0 0 0 R ICH— MONO ATLANTA CHICAGO TABLt 6E 1/ 2/ SALES CF N E G O T I A B L E TIPE C E R T I F I C A T E S OF DEPOSIT SINCE P R E V I O U S MONTH W E E K L Y R E P O R T I N G BANKS BY FEDERAL RESERVE (DISTRICT AS OF 31 JAN (PERCENTAGE CD'S MATURING IN ALL 01 sTRICTS BOSTON 1968 FEB 27.4 35.7 MAR 21.8 APR TOTAL 196 8 C ISTR IBUT ION) ST. LOUIS MINNFAPOLIS KANSAS CITY DALLAS SAN FRANC ISCC 17.3 26.5 23.0 18.9 23.7 23.9 13.1 27.9 21.0 22.5 13.8 13.6 16.8 24.3 28.3 28.9 23.2 26.6 34.1 30.5 25.7 5.3 5.2 4.0 6.7 7.6 7.1 14.2 2.5 4.2 9.9 5.4 8.6 2.4 2.9 5.7 3.6 2.6 4.3 5.0 5.3 5.5 9.1 15.2 11.8 9.4 8.9 9,6 9.9 14.3 12.8 0.7 0.5 0.6 0.4 0.2 0.0 1.3 C.l 0.0 0.1 0.5 1.3 0.6 0.9 0.5 1.1 0.7 0.6 0.2 1.1 0.2 0.2 0.1 0.4 0.4 OCT C. 7 2.0 0.3 0.3 3.1 1.3 0.8 1.1 0. 3 C. 3 0. 1 0.4 0.5 NOV 0.2 0.5 0.1 0.3 0.4 0.2 C .6 0.2 C.C C.l 0. 1 0.5 0.3 DEC 1.2 0.3 0.5 1 .0 1.3 13.9 0.7 0.2 1.6 2.2 3.6 2.5 1 .9 J A N OR LATER 3.8 2. 0 2.4 7.7 4.3 2.0 3.8 3.0 2.8 4.9 2.7 6.8 7.3 100.0 100.0 100.0 100.0 100.0 ICO.O 1CC.0 1CC.0 100.0 100.0 100.0 NEW YORK PHILADELPHIA CL EVEL AND 31.5 27.2 26.0 12.5 34.3 15.4 25.6 20.8 17.6 16.0 25.1 21.5 23.0 23.5 26.4 MAY 5.6 11.1 5.2 2.1 J UN 4.7 3.8 5.1 JUL 8.3 6.0 AUG 0.7 SEP * 100. 0 100.0 RICHMGNC ATLANTA CHICAGO 1/ SEE T E C H N I C A L A P P E N D I X A. 2/ I N C L U D E S O N L Y C E R T I F I C A T E S I5SLEC NOTE - SALES IN THIS TABLE * D E T A I L S MAY NOT ADD TO ARE NOT IN UENCP INATICNS OF t l C O . C O O OR M O R E A D J U S T E D FOR CD'S THAT TOTALS CLE TO R O U N O I N G . HAVE M A T U R E D . BY WEEKLY R E P O R T I N G B A N K S .
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