The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
May 13, 1982
L . 4 . 1 (731)
NOT FOR PUBLICATION
-
s
a
s
s
2
4
?
"
198?
SURVEY OF MATURITY STRUCTURE OF OUTSTANDING
LARGE DENOMINATION CERTIFICATES OF
DEPOSITS AT LARGE COMMERCIAL BANKS
as of
A p r i l 28, 1982
i
Banking S e c t i o n
D i v i s i o n of Research and S t a t i s t i c s
Board of Governors of the Federal Reserve System
TABLE 1
MATURITY DISTRIBUTION OF OUTSTANDING AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF APRIL 2 8 ,
1/
1982
(AMOUNTS IN MILLIONS OF DOLLARS)
A M O U N T
C D ' S MATURING IN
TOTAL
O U T S T A N D I N G
I
SALES SINCE PREVIOUS PFRIOD
I
I
I
|
OUTSIDE
| NEW YORK CITY | NEW YORK CITY
J
I
TOTAL
1
I
I
|
OUTSIDE
j NEW YORK CITY | NEW YORK CITY
6,085
1,770
4,315
MAY
48,789
14,087
34,702
22,947
6,103
16,843
JUNE
30,271
10,110
20,161
11,337
3,608
7,729
JULY
15,364
3,333
12,031
AUGUST-OCTOBER
( 4 - 6 MONTHS)
17,662
3,778
13,884
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
4,600
568
4,032
14,021 2 /
3,359 2/
OVER 12 MONTHS
5,880
534
5,346
128,652
34,181
94,471
48,305
13,070
35,235
JULY-OCTOBER
( 3 - 6 MONTHS)
33,026
7,111
25,915
12,728
3,248
9,480
BEYOND OCTOBER
(OVER 6 MONTHS)
10,481
1,103
9,378
1,293
111
1,183
2,136
596
1,539
2.4
1.8
2.6
2.5
2.4
2.6
1 9 8 2 APRIL 2 9 - 3 0
TOTAL
10,663 2/
MEMORANDUM:
JUNE 15
TAX MATURITY
AVERAGE MATURITY
(IN MONTHS)
3/
1/
2/
3/
INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY BANKS WITH
DOMESTIC ASSETS OF $1 BILLION OR MORE AS OF DECEMBER 3 1 , 1 9 7 7 .
SALES WITH MATURITIES BEYOND SECOND MONTH.
FORMULAS FOR CALCULATION OF AVERAGE MATURITIES ARE AVAILABLE ON REQUEST FROM THE BANKING SECTION,
DIVISION OF RESEARCH AND S T A T I S T I C S , BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM.
1
|
f
TABLE 2
MATURITY DISTRIBUTION OF OUTSTANDING AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF APRIL 2 8 ,
1/
1982
(PERCENTAGE DISTRIBUTION*
A M O U N T
C D ' S MATURING I N
TOTAL
1 9 8 2 APRIL 2 9 - 3 0
HAY
'
SALES SINCE PREVIOUS PERIOD
I
I
I
I
OUTSIDE
| NE8 YORK CITY | NEW YORK CITY
—i. 1
-J
4.7
3 7
O U T S T A N D I N G
9
36.7
47.5
46.7
47.8
23.5
27.6
21.9
21.3
11.9
9.8
12.7
AUGUST-OCTOBER
( 4 - 6 MONTHS)
13.7
11.1
14 7
T0TAI
-
TOTAL
*1.2
29.6
OVER 12 MONTHS
I
I
I
OUTSIDE
|
| NEW YORK CITY | NEW YORK CITY |
1
I
_1
4.6
23.5
1"-?2~MON£hS)
—
i
I
5.2
J 0 L Y
N0
J
3 - 6
1
*7
4
4.6
1.6
5.7
100.0
100.0
100.0
'
3
2 9
'°
2
/
100.0
25.7 2 /
30.3 2/
100.0
100.0
MEMORANDUM:
aULY-OCTOBER^s,
BEIC
(OVER C 6 0 MONTHS)
JUNE 1 5
TAX MATURITY
25.7
8
*2
1.7
v
iSSEJ?
2/
SALES WITH MATURITIES BEYOND SECOND MONTH.
3 - 2
1.7
9 - 9
2
*7
*9
3 - 4
1.6
SoaS'isVp J S c S " " " 1 ™ ? , ? ' , 1 0 0 ' 0 0 0
" 0RE
I5SU,D
" 'k"KS"™
*
*
TABLE 3
MATURITY DISTRIBUTION OF OUTSTANDING AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF APRIL 2 8 ,
1/
1982
(AMOUNTS IN MILLIONS OF DOLLARS)
;
A M O U N T
C D ' S MATURING IN
O U T S T A N D I N G
BANK S I Z E
TOTAL
(ASSETS)
I
$ 1 - 5 BILLION |
I
L
$ 5 BILLION
AND OVER
BANK SIZE
1
J
TOTAL
I
J
1
$ 1 - 5 BILLION
L
(ASSETS)
$5 BILLION
AND OVER
6,085
2,557
3,528
MAY
48,789
21,114
27,676
22,947
11,713
11,234
JUNE
30,271
10,584
19,687
11,337
5,014
6,323
JULY
15,364
4,674
10,690
AUGUST-OCTOBER
( 4 - 6 MONTHS)
17,662
5,091
12,571
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
4,600
1,595
3,006
14,021 2 /
4,348 2/
9,674
OVER 12 MONTHS
5,880
1,301
4,579
128,652
46,915
81,737
48,305
21,074
27,231
JULY-OCTOBER
( 3 - 6 MONTHS)
33,026
9,765
23,261
12,728
3,870
8,858
BEYOND OCTOBER
(OVER 6 MONTHS)
10,481
2,896
7,585
1,293
477
816
2,136
781
1,354
2.4
2.0
2.6
2.5
2.2
2.8
1 9 8 2 APRIL 2 9 - 3 0
TOTAL
MEMORANDUM:
JUNE 15
TAX MATURITY
AVERAGE MATURITY
(IN MONTHS)
3/
1/
2/
3/
INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY BANKS WITH
DOMESTIC ASSETS OF $ 1 BILLION OR MORE AS OF DECEMBER 3 1 , 1 9 7 7 .
SALES WITH MATURITIES BEYOND SECOND MONTH.
FORMULAS FOR CALCULATION OF AVERAGE MATURITIES ARE AVAILABLE ON REQUEST FROM THE BANKING SECTION,
D I V I S I O N OF RESEARCH AND S T A T I S T I C S , BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM.
I
I
_1
SALES SINCE PREVIOUS PERIOD
2/
.1
I
|
|
i
TABLE 4
MATURITY DISTRIBUTION OF OUTSTANDING AND SAXES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF APRIL 2 8 ,
1/
1982
(PMC3NTAGE DISTRIBUTION!
A M O U N T
C D ' S MATURING IN
O U T S T A N D I N G
BANK S I Z E
TOTAL
(ASSETS)"
I
$ 1 - 5 BILLION J
I
L
1 9 8 2 APRIL 2 9 - 3 0
SALES SINCE PREVIOUS PERIOD
$ 5 BILLION
AND OVER
i
|
|
TOTAL
I
1
I
-1
BANK S I Z E
$1-5
(ASSETS)"
I
BILLION |
I
L
$5 BILLION
AND OVER
4.7
5.5
4.3
MAY
37.9
45.0
33.9
47.5
55.6
41.3
JUNE
23.5
22.6
24.1
23.5
23.8
23.2
JULY
11.9
10.0
13.1
AUGUST-OCTOBER
( 4 - 6 MONTHS)
13.7
10.9
15.4
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
3.6
3.4
3.7
20.6 2 /
35.5 2/
OVER 12 MONTHS
4.6
2.8
5.6
100.0
100.0
100.0
100.0
100.0
100.0
25.7
20.8
28.5
26.4
18.4
32.5
BEYOND OCTOBER
(OVER 6 MONTHS)
8.2
6.2
9.3
2.7
2.3
3.0
JUNE 15
TAX MATURITY
1.7
1.7
1.7
TOTAL
29.0
2/
MEMORANDUM:
JULY-OCTOBER
( 3 - 6 MONTHS)
1/
2/
INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OB MORE ISSUED BY BANKS WITH
DOMESTIC ASSETS OF $ 1 BILLION OR MORE AS OF DECEMBER 3 1 , 1 9 7 7 .
SALES WITH MATURITIES BEYOND SECOND MONTH.
I
_1
I
|
J
L
TABLE 5
MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS 1 /
AS OF APRIL 2 8 ,
ALL
DISTRICTS
C D ' S MATURING IN
1982
(AMOUNTS IN MILLIONS OF DOLLARS)
I
I
I
I
I
I
I
I
1
I
I
I
I
I
I
I
NEW | P H I L A - I CLEVE-I RICHI
ST.
| MINNB-I KANSAS!
I
SAN
YOBK ]DELPHIA|
LAND | BOND
ATLANTA CHICAGO| LOUIS J A P O LI S |
CITY | DALLAS| FRABI
I
I
I
I
I
I
I CISCO
J
L
L
L
1
L
1
J
6,085
249
1,976
118
396
175
151
932
64
29
135
780
1,078
MAY
48,789
2,835
15,939
1,071
3,199
1,456
1,019
5,943
465
722
1,364
5,385
9,343
JUNE
30,271
1,297
11,066
804
1,702
879
478
4,206
218
493
606
2,211
6,312
JULY
15,364
456
3,738
201
753
393
177
3,273
64
388
195
1,254
4,472
AUGUST-OCTOBER
( 4 - 6 MONTHS)
17,662
346
4,227
154
540
531
255
3,030
117
444
294
1, 1 4 3
6,580
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
4,600
29
648
94
199
94
97
669
86
212
166
190
2,096
OVER 12 MONTHS
5,880
55
595
78
390
40
26
394
154
260
35
279
3,574
128,652
5,268
38,239
2,520
7,178
3,568
2,204
18,467
1,169
2,547
2,795
11,242
33,456
JULY-OCTOBER
( 3 - 6 MONTHS)
33,026
802
7,965
355
1,293
924
432
6,303
182
832
489
2,397
11,052
BEYOND OCTOBER
(OVER 6 MONTHS)
10,481
84
1,243
172
589
134
124
1,082
240
472
201
470
5,670
2,136
97
670
94
110
73
38
273
7
60
15
162
538
AVERAGE MATURITY
(IN MONTHS)
2/
2.4
1.4
1.8
2.0
2.2
ro
o
1982 APRIL 2 9 - 3 0
BOSTON
BY FEDERAL RESERVE DISTRICT
1.9
2.4
3.4
3.7
2.0
1.8
3.6
NUMBER OF BANKS
126
9
19
7
11
13
9
15
5
3
5
8
22
TOTAL
MEMORANDUM:
JUNE 15
TAX MATURITY
1/
2/
,
INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY BANKS WITH
DOMESTIC ASSETS OF $1 BILLION OR MORE AS OF DECEMBER 3 1 , 1 9 7 7 .
WEIGHTING PROCEDURE I S THE SAME AS THAT USED FOB 'TOTAL* OUTSTANDINGS COLUMN IN TABLE 1 .
TABLE 6
MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS 1 /
BY FEDERAL RESERVE DISTRICT
AS OF APRIL 2 8 ,
C D ' S MATURING IN
1 9 8 2 APRIL 2 9 - 3 0
ALL
DISTRICTS
I
BOSTON
1982
(PERCENTAGE DISTRIBUTION)
I
I
I
I
I
NEW | P H I L A - I CLEVE-I RICHYORK | D E L P H I A |
LAND | MOND
I
I
I
1
L
L_
I
I
I
ATLANTA|CHICAGO
I
L
I
1
I
I
1
I
I
I
ST.
| MINNE-I KANSASI
|
SAN
LOUIS J APOLISt
CITY | DALLAS# FRAN|
| CISCO
1
J
4.7
4.7
5.2
4.7
5.5
4.9
6.9
5.1
5.5
1.1
4.8
6.9
3.2
MAY
37.9
53.8
41.8
42.5
44.6
40.8
46.2
32.2
39.8
28.4
48.8
47.9
27.9
JUNE
23.5
24.6
28.9
31.9
23.7
24.6
21.7
22.8
18.6
19.4
21.7
19.7
18.9
JULY
11.9
8.7
9.8
8.0
10.5
11.0
8.0
17.7
5.5
15.2
7.0
11.2
13.4
AUGUST-OCTOBER
( 4 - 6 MONTHS)
13.7
6.6
11.1
6.1
7.5
14.9
11.6
16.4
10.1
17.4
10.5
10.2
19. 7
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
3.6
.5
1.7
3.7
2.8
2.6
4.4
3.7
7.4
8.3
6.0
1.7
6. 3
OVER 12 MONTHS
4.6
1.1
1.6
3.1
5.4
1.1
1.2
2.1
13.2
10.2
1.2
2.5
10.7
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
25.7
15.2
20.8
14.1
18.0
25.9
19.6
34.1
15.5
32.7
17.5
21.3
33.0
BEYOND OCTOBER
(OVER 6 MONTHS)
8.2
1.6
3.3
6.8
8.2
3.8
5.6
5.9
20.6
18.5
7.2
4.2
17.0
JUNE 15
TAX MATURITY
1.7
1.8
1.8
3.7
1.5
2.0
1.7
1.5
.6
2.4
.5
1.4
1.6
TOTAL
MEMORANDUM:
JULY-OCTOBER
( 3 - 6 MONTHS)
1/
INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY BANKS WITH
DOMESTIC ASSETS OF $ 1 BILLION OR MORE AS OF DECEMBER 3 1 , 1 9 7 7 .
TABLE 7
SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS BONTH
AT LARGE COMMERCIAL BANKS 1 /
BY FEDERAL RESERVE DISTRICT
AS OF APRIL 2 8 ,
1982
{AMOUNTS IN MILLIONS OF DOLLARS)
C D ' S MATURING IN
!
I
I
!
!
|
|
| BOSTON]
ALL
DISTRICTS
1
I
i
I
I
|
|
|
|
|
NEW 1 PHILA-1 CLEVE-j RICH- |
|
\
ST.
| MINNE-I
YORK 1DELPHIAj
LAND J BOND |ATLANTA|CHICAGO| LOUIS J A P O LI S |
1
1
I
L _ _ J
I
I
I
|
|
|
KANSAS 1
I ^ SAN
I
CITY | DALLAS1 FRAN- 1
I
1
I
C1SC
° I
MAY
22,947
1,419
7,285.
546
1,567
802
610
2,693
256
147
894
3,358
3,369
JUNE
11,337
674
4,087
448
387
393
237
1,538
118
227
354
1,046
1,827
JULY OR LATER
14,021
498
3,727
151
390
465
220
2,470
59
515
184
800
4,542
TOTAL
48,305
2,591
15,099
1,145
2,345
1,661
1,067
6,701
432
889
1,432
5,205
9,738
12,728
488
3,603
144
347
429
182
2,335
65
401
140
730
3,863
1,293
10
123
6
43
37
38
135
-6
114
44
70
679
2.0
2.3
1.9
1.9
2.4
2.2
1.7
4.2
1.9
1.9
3.4
MEMORANDUM:
JULY-OCTOBER
( 3 - 6 MONTHS)
BEYOND OCTOBER
(OVER 6 MONTHS)
00
CN
3/
CM
2/
in
AVERAGE MATURITY
(IN MONTHS)
3/
2/
.
DETAILS MAY NOT ADD TO TOTALS DOE TO ROUNDING.
VALUES, FOR SOME D I S T R I C T S , SOMETIMES RESULT FROM THE PROCEDURE THAT ESTIMATES SALES FOR THE
7TH MONTH OF THE TOTAL OF 7 - 1 2 MONTH MATURITIES OF THE PREVIOUS SURVEY.
THESE ESTIMATES ARB BASED ON A RATIO OF THE 7TH MONTH TO THE TOTAL OF 7 - 1 2 MONTHS FOR ALL REPORTERS
RATHER THAN FOR THE INDIVIDUAL D I S T R I C T S .
WEIGHTING PROCEDURE I S THE SAME AS THAT USED FOR 'TOTAL 1 SALES COLUMN IN TABLE 1 .
TABLE 8
SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS MONTH
AT LARGE COMMERCIAL BANKS 1 /
BY FEDERAL RESERVE DISTRICT
AS OF APRIL 2 8 ,
C D ' S MATURING IN
I
I
|
|
I
1
ALL
DISTRICTS
I
I
|
I
I
I
| BOSTON*
I
I
1
1982
(PERCENTAGE DISTRIBUTION!
1
I
1
I
I
I
I
I
1
I
1
1
I
1
I
1
1
1
NEW | P H I L A - l CLEVE-I RICH| MINNE-I KANSAS!
I
1 ST.
1 SAN
LAND | MOND
ATLANTA|CHICAGO| LOUIS | APOLISI
YORK | D E L P H I A |
CITY 1 DALLAS* FRANI
1
I
1
1
I
1
1
1 CISCO
1
1
1
1
I
1
1
I
1
MAY
47.5
54.8
48.3
47.7
66.8
48.3
57.2
40.2
59.2
16.5
62.4
64.5
34.6
JUNE
23.5
26.0
27.1
39.2
16.5
23.7
22.2
23.0
27.3
25.5
24.7
20.1
18.8
JULY OR LATER
29.0
19.2
24.7
13.1
16.7
28.0
20.6
36.9
13.6
58.0
12.9
15.4
46.6
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
26.4
18.8
23.9
12.6
14.8
25.8
17.1
34.9
15.0
45.2
9.8
14.0
39.7
2.7
.4
.8
.5
1.8
2.2
3.6
2.0
-1.4
12.9
3.1
1.4
7.0
TOTAL
MEMORANDUM:
JULY-OCTOBER
( 3 - 6 MONTHS)
BEYOND OCTOBER
(OVER 6 MONTHS)
1/
INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR SORE ISSUED BY BANKS WITH
DOMESTIC ASSETS OF $1 BILLION OR MORE AS OF DECEMBER 3 1 , 1 9 7 7 .
DETAILS MAY NOT ADD TO TOTALS DDE TO ROUNDING.
@FedFRASER