The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
•' L.4.1(731) NOT FOR PUBLICATION s j s s s r JUL 11 1 8 8 7 u o f a f Y " SURVEY OF MATURITY STRUCTURE OF OUTSTANDING LARGE DENOMINATION CERTIFICATES OF DEPOSITS AT LARGE COMMERCIAL BANKS BANKING SECTION DIVISION OF RESEARCH AND STATISTICS Digitized BOARD for OFFRASER GOVERNORS OF T H E FEDERAL RESERVE SYSTEM # AS OF JUNE 24, 1987 NOTE: Collection of data on CD maturities has been discontinued. This is the last issue of the G.9 statistical release. MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERICAL BANKS AS OF JUNE 24, 1987 GROSS SALES (ESTIMATED) OUTSTANDING CD'S MATURING IN PERCENTAGE AMOUNT (IN M I L L I O N S ) PERCENTAGE AMOUNT (IN MILLIONS) 1t 1987 4,688.9 9.5 11,864.2 24.0 6,658.1 57.7 AUGUST 5,492.8 11.1 1,370.4 11.9 SEPTEMBER 3,047.4 6.2 1,405.6 12.2 OCTOBER 1,844.1 3.7 507.9 4.4 NOVEMBER 1,763.6 3.6 337.3 2.9 DECEMBER 1,313.1 2.7 JANUARY-JUNE (7-12 M O N T H S ) 6,031.7 12.2 1,268.8 11.0 OVER 12 MONTHS 13,357.5 27.0 49,403.3 100.0 11,548.1 100.0 JUNE 25-30 JULY 1988 TOTAL A V E R A G E MATURITIES (IN M O N T H S ) 5.5 NUMBER OF BANKS REPORTING 37 NOTE: 1 1 1 1 INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $5 BILLION OR MORE AS OF DECEMBER 31, 1982. | TABLE 1 MATURITY DISTRIBUTION OF OUTSTANDINGS AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERCIAL BANKS AS OF JUNE 24, 1987 (AMOUNTS IN MILLIONS OF DOLLARS) SALES (ESTIMATED) OUTSTANDINGS CD' MATURING IN 1987 TOTAL OUTSIDE NEW YORK CITY TOTAL OUTSIDE NEW YORK CITY NEW YORK CITY 1 4,688.9 1,051.5 3,637.4 11,864.2 2,691.6 9,172.7 6,658.1 1,490.5 5,167.6 AUGUST 5,492.8 1,350.6 4,142.3 1,370.4 251.1 1,119.3 SEPTEMBER 3,047.4 811.3 2,236.1 1,405.6 392.1 1,013.4 OCTOBER 1,844.1 481.8 1,362.3 507.9 197.0 310.9 NOVEMBER 1,763.6 364.3 1,399.3 337.3 26.0 311.3 DECEMBER 1,313.1 356.1 957.0 JANUARY-JUNE (7-12 M O N T H S ) 6,031.7 3,134.4 2,897.3 1,268.8 244.4 1,024.5 OVER 12 MONTHS 13,357.5 4,818.5 8,538.9 49,403.3 15,060.0 34,343.3 11,548.1 2,601.1 8,947.0 JUNE 25-30 JULY 1988 NEW YORK CITY TOTAL A V E R A G E MATURITIES (IN M O N T H S ) NUMBER OF BANKS REPORTING NOTE: 5.5 6.8 5.0 37 9 28 INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $5 BILLION OR MORE AS OF DECEMBER 31, 1982. TOTAL SALES IS UNDERSTATED. SALES OF CD"S BETWEEN SURVEY DATES THAT MATURE IN THE REMAINING DAYS OF THE CALENDAR MONTH OF THE CURRENT SURVEY ARE IGNORED. TABLE 2 MATURITY DISTRIBUTION OF OUTSTANDINGS AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERCIAL BANKS AS OF JUNE 24, 1987 (PERCENTAGE DISTRIBUTION) OUTSTANDINGS CD1 MATURING IN TOTAL 1987 1988 JUNE 25-30 | NEW YORK CITY SALES (ESTIMATED) OUTSIDE NEW YORK CITY TOTAL NEW YORK CITY OUTSIDE NEW YORK CITY 9.5 7.0 10.6 JULY 24.0 17.9 26.7 57.7 57.3 57.8 AUGUST 11.1 9.0 12.1 11.9 9.7 12.5 SEPTEMBER 6.2 5.4 6.5 12.2 15.1 11.3 OCTOBER 3.7 3.2 4.0 4.4 7.6 3.5 NOVEMBER 3.6 2.4 4.1 2.9 1.0 3.5 DECEMBER 2.7 2.4 2.8 JANUARY-JUNE (7-12 M O N T H S ) 12.2 20.8 8.4 11.0 9.4 11.5 OVER 12 MONTHS 27.0 32.0 24.9 100.0 100.0 100.0 100.0 100.0 100.0 TOTAL NOTE: INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $5 BILLION OR MORE AS OF DECEMBER 31, 1982. TOTAL SALES IS UNDERSTATED. SALES OF CD"S BETWEEN SURVEY DATES THAT MATURE IN THE REMAINING DAYS OF THE CALENDAR MONTH OF THE CURRENT SURVEY ARE IGNORED. | | TABLE 3 MATURITY DISTRIBUTION OF O U T S T A N D I N G S ^ ^ A L E S ^ N E G O T I A B L E TIME CERTIFICATES OF DEPOSIT AS OF JUNE 24, 1987 (AMOUNTS IN MILLIONS OF DOLLARS) I SALES (ESTIMATED) OUTSTANDINGS 1 CD'S MATURING IN 1987 J OTHER 1 1 TOTAL CONTRACT BANKS OTHER 3.172.5 1 3,225.7 8.638.6 1 6,658.1 1,868.1 4,790.0 5,492.8 983.9 4,509.0 1 1,370.4 145.7 1,224.7 3,047.4 622.5 2,425.0 1,405.6 190.1 1,215.5 SEPTEMBER 1,844.1 440.1 1,404.0 507.9 70.4 437.5 OCTOBER 1,763.6 537.6 1,226.0 337.3 109.6 227.7 NOVEMBER DECEMBER 1,313.1 543.9 769.2 6,031.7 3,524.8 2,506.9 1,268.8 1,833.2 564.3 JANUARY-JUNE (7-12 M O N T H S ) OVER 12 MONTHS 13,357.5 6,465.1 6,892.4 49,403.3 17,859.9 31,543.4 11,548.1 4,217.1 8,459.7 4,688.9 1,516.4 11,864.2 AUGUST JUNE 25-30 JULY 1988 CD FUTURES | |CONTRACT BANKS TOTAL TOTAL A V E R A G E MATURITIES (IN M O N T H S ) NUMBER OF BANKS REPORTING NOTE« 4.6 7.1 5.5 1 37 ! W S O T H S ' S 1 | 9 1 " gcKffSirBW#I00'000 a i ^ ^ s F & s K r 08 " 0 R E I S S U E D BY B6NKS """ M T E S TB4T M A T U R E I N THE REHAIHINe D6YS "CD FUTURES CONTRACT BANKS" INCLUDE THOSE WHOSE CD"S ARE CONSIDERED AS PART OF THE DELIVERABLE CD SUPPLY FOR PURPOSES OF FUTURE TRADING. 1 TABLE 4 MATURITY DISTRIBUTION OF OUTSTANDINGS AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERCIAL BANKS AS OF JUNE 24, 1987 (PERCENTAGE DISTRIBUTION) OUTSTANDINGS CD'S MATURING IN 1987 1988 JUNE TOTAL 25-30 CD FUTURES CONTRACT BANKS SALES (ESTIMATED) OTHER CD FUTURES CONTRACT BANKS TOTAL OTHER 9.5 8.5 10.1 JULY 24.0 18.1 27.4 57.7 44.3 56.6 AUGUST 11.1 5.5 14.3 11.9 3.5 14.5 SEPTEMBER 6.2 3.5 7.7 12.2 4.5 14.4 OCTOBER 3.7 2.5 4.5 4.4 1.7 5.2 NOVEMBER 3.6 3.0 3.9 2.9 2.6 2.7 DECEMBER 2.7 3.1 2.4 JANUARY-JUNE (7-12 MONTHS) 12.2 19.7 8.0 11.0 43.5 6 .7 OVER 12 MONTHS 27.0 36.2 21.9 100.0 100.0 100.0 100.0 100.0 100.0 TOTAL N0TE ' i^fic A H E I S ' S F S ^ m u S / O R SSR1eE§sS; iScSSPSjyS&r S?TfliESCALlH»!Rl'l!SNE?§TSfETDHE ^^E!„?FSS^ly6AE^E^„^^Er M T E S S100 000 0R M 0 R E I S S U E D ' ™ A T "ATURE IN T H E »v BANKS HITH R E M 6 I N I N G D 6 Y S "CD FUTURES CONTRACT BANKS" INCLUDE THOSE WHOSE CD"S ARE CONSIDERED AS PART OF THE DELIVERABLE CD SUPPLY FOR PURPOSES OF FUTURE TRADING. TABLE 5 MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIALABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERCIAL BANKS, BY FEDERAL RESERVE DISTRICT AS OF .JUNE 24, 1987 (AMOUNTS IN MILLIONS OF DOLLARS) ALL I DISTRICTS CD'S MATURING IN 1987 NEW YORK PHILADELPHIA ATLANTA CHICAGO MINNE-I KANSAS| DALLAS APOLISI CITY J ST. LOUIS SAN I FRAN- 1 CISCO I 4,689 157 1,051 48 403 363 89 1,455 0 01 0 264 860 11,864 343 2,692 108 1,050 1,643 196 1,958 0 01 0 1,148 2,728 AUGUST 5,493 45 1,351 25 545 1,588 56 518 0 01 0 57 0 796 SEPTEMBER 3,047 48 811 11 344 724 56 393 0 01 0 326 334 OCTOBER 1,844 17 482 12 124 458 28 250 0 0| 0 109 364 NOVEMBER 1,764 9 364 19 194 530 63 145 0 0| 0 167 273 DECEMBER 1,313 10 356 33 97 239 18 145 0 0| 0 102 312 JANUARY-JUNE (7-12 MONTHS) 6,032 2 3,134 42 827 301 60 523 0 0| 0 321 821 OVER 12 MONTHS 13,357 3 4,819 294 3,575 594 298 1,680 0 0| 0 559 1,537 49,403 633 15,060 593 7,159 6,439 864 7,066 0 0| 0 3,565 8,024 .0 1 4.1 JUNE 25-30 JULY 1988 BOSTON 1 1 CLEVE-I RICHLAND I MOND TOTAL AVERAGE MATURITIES (IN MONTHS) NUMBER OF BANKS REPORTING NOTE: I 1 1 5.5 1 ! 37 6.8 i 8.0 i " 1 1 9 ! , ! 34 ! 4 i * .0 1 1 6 1 i 2 i 1 " 5 ..! ! 1 1 1 ! ! 1 1 1 INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $5 BILLION OR MORE AS OF DECEMBER 31, 1982. " ! ! 3 8 ! TABLE 6 MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIALABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERCIAL BANKS, BY FEDERAL RESERVE DISTRICT AS OF JUNE 24, 1987 (PERCENTAGE DISTRIBUTION) ALL DISTRICTS CD'S MATURING IN BOSTON 1 1987 1988 JUNE 25-30 ! 1 NEW YORK PHILADELPHIA 1 CLEVE- I RICHLAND j MOND ATLANTA !CHICAGO 1 ST. LOUIS 1 i 1 SAN | MINNE- 1 KANSAS 1 DALLAS 1 FRAN- | APOLIS 1 CITY 1 CISCO | 1 1 1 I 9.5 24.8 7.0 8.1 5.6 5.6 10.3 20.6 .0 .0 .0 7.4 10.7 | JULY 24.0 54.1 17.9 18.2 14.7 25.5 22.6 27.7 .0 .0 .0 32.2 34.0 | AUGUST 11.1 7.0 9.0 4.3 7.6 24.7 6.5 7.3 .0 .0 .0 16.0 9.9 | SEPTEMBER 6.2 7.6 5.4 1.9 4.8 11.3 6.5 5.6 .0 .0 .0 9.1 4.2 | OCTOBER 3.7 2.6 3.2 2.1 1.7 7.1 3.3 3.5 .0 .0 .0 3.1 4.5 NOVEMBER 3.6 1.4 2.4 3.2 2.7 8.2 7.3 2.1 .0 .0 .0 4.7 3.4 | DECEMBER 2.7 1.6 2.4 5.6 1.4 3.7 2.1 2.1 .0 .0 .0 2.9 3.9 JANUARY-JUNE (7-12 MONTHS) 12.2 .3 20.8 7.1 11.6 4.7 6.9 7.4 .0 .0 .0 9.0 10.2 | OVER 12 MONTHS 27.0 .5 32.0 49.6 49.9 9.2 34.5 23.8 .0 .0 .0 15.7 19.2 I 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 .0 .0 .0 100.0 TOTAL NOTE: INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF *5 BILLION OR MORE AS OF DECEMBER 31, 1982. 100.0 | | | TABLE 7 s#les i F »? e ?agj , ajBSiSEra T g m m H AS OF JUNE 24, 1987 (AMOUNTS IN MILLIONS OF DOLLARS) CD'S MATURING IN ALL DISTRICTS BOSTON ! NEW YORK |PHILAIDELPHIA 1! 1 CLEVE-II RICHLAND II MOND 1 ATLANTA CHICAGO ! ! 1 I SAN I 1 FRANKANSAS 1 DALLAS I I CISCO 5 LOUIS j1 APOLISII CITY I i !1 1 1 1 sr. 11 MINNE-II JULY 6,658 299 1,490 92 645 468 133 1,232 0 0 0 773 AUGUST 1,370 29 251 8 203 245 20 125 0 0 0 244 SEPTEMBER 1,406 36 392 2 222 294 13 180 0 0 0 136 OCTOBER 508 14 197 0 65 186 2 34 0 0 0 74 NOVEMBER 337 3 26 0 38 136 3 32 0 0 0 109 1,269 8 244 31 60 257 12 416 0 0 0 381 11,548 390 2,601 132 1,233 1,586 185 2,018 0 0 0 1,717 AFTER NOVEMBER TOTAL NOTE: INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $5 BILLION OR MORE AS OF DECEMBER 31, 1982. TOTAL SALES IS UNDERSTATED. SALES OF CD"S BETWEEN SURVEY DATES THAT MATURE IN THE REMAINING DAYS OF THE CALENDAR MONTH OF THE CURRENT SURVEY ARE IGNORED. 1,5331 i 2481 1 1401 1 64! i 9; I 26! i 2,020! ! TABLE 8 SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS MONTH AT LARGE COMMERCIAL BANKS, BY FEDERAL RESERVE DISTRICT AS OF JUNE 24, 1987 (PERCENTAGE DISTRIBUTION) CD'S MATURING IN ALL DISTRICTS BOSTON NEW YORK 1 i 1 I 1 PHILADELPHIA 1 1 CLEVE-II RICHLAND | 1 MOND 1 ATLANTAjCHICAGO ST. LOUIS MINNE-I1 KANSAS APOLISI1 CITY 1 DALLAS SAN | FRAN- I CISCO | JULY 57.7 76.7 57.3 69.4 52.3 29.5 72.3 61.1 .0 .0 .0 45.0 75.9 AUGUST 11.9 7.4 9.7 5.8 16.5 15.4 11.1 6.2 .0 .0 .0 14.2 12.3 SEPTEMBER 12.2 9.2 15.1 1.5 18.0 18.5 7.2 8.9 .0 .0 .0 7.9 6.9 OCTOBER 4.4 3.7 7.6 .0 5.3 11.8 1.2 1.7 .0 .0 .0 4.3 3.2 NOVEMBER 2.9 .8 1.0 .1 3.1 8.6 1.9 1.6 .0 .0 .0 6.3 .5 11.0 2.1 9.4 23.2 4.8 16.2 6.4 20.6 .0 .0 .0 22.2 1.3 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 .0 .0 .0 100.0 100.0 AFTER NOVEMBER TOTAL NOTE: INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $5 BILLION OR MORE AS OF DECEMBER 31, 1982. TOTAL SALES IS UNDERSTATED. SALES OF CD"S BETWEEN SURVEY DATES THAT MATURE IN THE REMAINING DAYS OF THE CALENDAR MONTH OF THE CURRENT SURVEY ARE IGNORED.
@FedFRASER