Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : January 21, 1971

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YW.
FEDERAL
RESERVE
statistical

release

For immediate release

G.9

January 2.1, 1971
MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
The total of outstanding negotiable time certificates deposit (CD's)
in denominations of $100,000 or more at large commercial banks as of December 30
was $26.1 billion. This was $0.8 billion more than reported for the November survey.
A year ago all reporting banks had $10.9 billion of large denomination certificates
outstanding.
The certificates maturing on the March 10, March 15, and April 15 tax
and dividend dates totaled $1,624 billion, compared with $1,286 billion for the
corresponding survey a year ago.
The average maturity of total certificates outstanding was 3.2 months,
compared with 3.1 months for the previous survey. For the comparable survey a
year ago, the average maturity for outstanding certificates was 3.1 months.
The distribution of maturies by bank size is shown on the back of
this release.

OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS, December 30, 1970
CD's Maturing in

1970--December 31
1971—January
February
March
1/
April
2/
May
June
July
August
September
October
November
December
1972—January or later
1/
2/

In millions
of dollars

Percentage
distribution

851.4
7,490.2
3,762.2
4,050.4
2,950.0
1,356.6
1,827.0
682.8
430.5
632.8
692.5
539.0
357.3
503.9

3.3
28.7
14.4
15.5
11.3
5.2
7.0
2.6
1.6
2.4
2.7
2.1
1.4
1.9

Cumulative
percentage
3.3
32.0
46.4
61.9
73.2
78.4
85.4
88.0
89.6
92.0
94.7
96.8
98.2
100.0

100.0
26,126.4
Total
Includes $213 million maturing on March 10 and $568 million maturing on
March 15.
Includes $844 million maturing on April 15.




MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS
By Size of Bank 1/
(Amounts in millions of dollars as of December 30, 1970)

Period of
maturity

1970
December 31
1971
January
February
March
March 10
March 15
April
April 15
May
June
July
August
September
October
November
December
1972
January or later

2/
of
b a n k
D e p o s i t s
T o t a l
$200 million to $500 million $1 billion
Under
to $1 billion and over
$200 million $500 million

Total

32.0

122.4

120.0

577.0

851.4

502.3
275.8
272.6

1,110.9
494.3
503.5

1,353.9
643.4
711.9

4,523.1
2,348.6
2,562.3

15.9
25.0

19.2
32.8

24.0
61.8

153.6
448.6

163.3

304.5

395.1

2,087.0

18.5

24.8

33.3

766.9

843.5

118.5
127.4
52.9
34.2
48.5
30.0
21.5
18.8

247.7
284.9
99.2
89.3
98.3
91.0
66.6
53.0

227.4
291.1
114.8
70.6
90.4
73.6
109.3
44.6

762.9
1,123.5
415.9
236.4
395.6
497.8
341.6
240.8

1,356.5
1,826.9
682.8
430.5
632.8
692.4
539.0
357.2

22.4

56.3

85.4

339.6

Cumulative
total

851.4

7.490.2 8,341.6 •
3,762.1 12,103.7
4.050.3 16,154.0
212.7
568.2

#

2,949.9 19,103.9

20,460.4
22.287.3 •
22,970.1
23,400.6
24.033.4
24,725.8
25,264.8
25,622.0 •

503.7 26,125.7

16,452.1 26,125.7
4,331.5
3,621.9
1,720.2
Total
Average maturity
3.0
3.2
3.2
3.0
3.2
(in months)
Number of banks
37
254
48
86
83
reporting
1_/ Includes certificates in denominations of $100,000 or more issued by weekly reporting
banks.
2/ Total deposits as reported in the Call Report of Condition on December 31, 1965.
Details may not add to totals because of rounding.




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