Full text of H.6 Money Stock Measures : February 4, 1983

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FEDERAL RESERVE statistical release
H6 (508)
Table 1

For Release at 4:15 p.m. EST
FEB.

MONEY STOCK MEASURES AND LIQUID ASSETS

4 , 1963

Billions of dollars
M1

Date

sum of
currency,
travelers
checks,
demand
deposits and
other
checkable
deposits1

M2
Seasonal Ii
M1 plus
overnight RPs
and
Eurodollars,
MMMF
balances (gen.
pur. and
broker/dealer),
and savings
and small time
deposits2

M3
adjusted

L

M1

M2 plus large
time deposits,
term RPs and
institution-only
MMMF
balances3

M3 plus other
liquid assets4

sum of
currency,
travelers
checks,
demand
deposits and
other
checkable
deposits1

M2
M3
Not seasonally adjusted
M1 plus
overnight RPs
M2 plus large
and
time deposits,
Eurodollars,
term RPs and
MMMF
balances (gen. institution-only
MMMF
pur. and
balances3
broker/dealer),
and savings
and small time
deposits2

L

M3 plus other
liquid assets4

1981—DEC.

440.9

1822.7

2188.1

2642.8

451.2

1829.4

2199.9

265J.8

1982—JAM.
FEB.
JSAB.
APB.
MAX
JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
DSC.

448.6
447.3
448.3
452.4
451.5
451.4
451.3
455.2
460.5
466.4
475.0
478.5

1841.3
1848.1
1865.3
1680.9
1897.7
1908.2
1923.8
1946.8
1955.0
1968.1
1987.1..
1999.7^'

2204.3
2215.1
2235.9
2258.3
2279.5
2296.2
2320.6
2356.4
2364.2
2382.1
2401.1
2404.3

2667.9
2690.5
2717.2
2744.2
2774.3
2799.5
2832.0
2858.3
2866.2

453.4
437.2
440.0
455.5
445.1
450.5
454.0
454.0
460.5
470.2
478.5
490.5

1849.2
1842.9
1362.1
1888.1
1869.1
1906.6
1925.2
1939.4
1951.3
1972.1
1986.9C,
2007.95'

2217.2
2216.1
2237.5
2266.3
2269.5
2290.3
2314.5
2343.1
2356.6
2383.4
2402.1
2418.1

2682.3
2698.5
2723.2
2754.7
2767.5
2794.7
2820.5
284J.5
2855.1

13-week
average

Not seasonally adjusted
4-week
average

M1
For period ended

13-week
average

Seasonally adjusted
4-week
average

week average

week average

1982—DEC. 1
8
15
22
29

466.2
469.5
471.1
472.3
473.8

474.9
476.4
477.6
478.5
478.9

476.1
479.7
480.4
477.6
477.7

470.0
471.9
473.8
476.2
479.1

478.4
481.0
483.3
487.8
469.9

478.2
490.5
491.8
490.5
486.9

1983—JAN. 5
12
19 P
26 P

474.8
476.0
477.2
478.4

478.3
479.2
480.6
462.7

477.3
484.2
483.2
485.9

461.6
483.5
485.1
486.0

493.6
495.6
495.6
492.5

505.3
499.7
490.6
474.3

NOTE:

SPECIAL CAUTION SHOULD BE TAKEN IN INTEBPfcETING gEEK-TO-«EEK CBANGES IN HONEY SUPPLY DATA. WHICH ABE
HIGHLY VOLATILE AND SUBJECT TO BE?ISION.
P~INDICATES PBELIHINABY DATA.
FOOTNOTES APPEAB ON THE FOLLOWING PAGE




H.6(508)
Table 2

MONEY STOCK MEASURES AND LIQUID ASSETS
Percent change at seasonally adjusted annual rates

Date

M1

M2

M3

3 MONTHS FROM SEPT. 1982 TO DEC. 1982

15.6

9.1

6.8

6 MONTHS FROM JUNE 1982 TO DEC. 1982

12.0

9.6

9.4

12 MONTHS FfiOM DEC. 1981 TO DEC. 1982

8.5

9.7

9.9

THIRTEEN WEEKS ENDING JAN. 26, 19*3
FHOM THIRTEEN WEEKS ENDING:

1/

2/

3/

4/
5/

OCT.

27, 1982 (13 WEEKS PREVIOUS)

15.4

JULY

26, 1982 (26 WEEKS PREVIOUS)

12.0

JAN.

27, 1962 (52 WEEKS PfiEVIOOS)

8.4

FOOTNOTES TO TABLE 1
AVERAGES OF DAILY FIGURES FOB (1) CURRENCY OUTSIDE THE TREASURY, FEDERAL fiESEfiVE BANKS, AND
THE VAULTS OF COMMERCIAL BANKS; (2) TRAVELERS CHECKS CF NONfiANK ISSUERS; (3) DEM AMD DEPOSITS
AT ALL COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, 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 (OCD) CONSISTING OF NEGOTIABLE
ORDER OF WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS Al DEPOSITORY
INSTITUTIONS OTHER THAN CREDIT UNIONS, CREDIT UNION SHARE DRAFT ACCOUNTS, AND DEMAND
DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AND DEMAND DEPOSIT COMPONENTS EXCLUDE THE
ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY THRIFT INSTITUTIONS
10 SERVICE THEIR OCD LIABILITIES.
INCLUDES OVERNIGHT (AND CONTINUING CONTRACT) BPS ISSUED BY ALL COMMERCIAL BANKS AND EURODOLLARS
ISSUED EY CARIBBEAN BRANCHES OF MEMBER BANKS, SAVINGS AND SMALL DENOMINATION TIME DEPCSI1S
(TIME DEPOSITS—INCLUDING RETAIL B P S - I N AMOUNTS OF LESS THAN $100,000), AND TIME DEPOSITS
BBOKEB/EEALEB MONEY MARKET MUTUAL FUND SHARES. EXCLUDES AMOUNTS HELD BY U.S. COMMERCIAL BANKS,
MONEY MARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AND COMMERCIAL BANKS,
AND THE U.S. GOVERNMENT. M2 HILL DIFFER FROM THE SUM OF COMPONENTS PRESENTED IN SUBSEQUENT TABLES
BY A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT
CASH HELD BY THRIFT INSTITUTIONS TO SERVICE TIME AND SAVINGS DEPOSITS.
INCLUDES LARGE DENOMINATION TIME DEPOSITS AND TERM RPS (IN AMOUNTS OF $100,000 OR MORE) ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, EXCLUDING THOSE HELD BY DEPCSITCRY INSTITUTIONS,
THE U.S. GOVERNMENT, MONEY MARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. M3 WILL
DIFFER FROM THE SUM OF COMPONENTS PRESENTED IN SUBSEQUENT TABLES BY A CONSOLIDATION ADJUSTMENT
THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS HELD BY INSTITUTION-ONLY MONEY MARKET
MUTUAL FUNDS.
OTHER LIQUID ASSETS INCLUDE THE NONBANK PUBLIC HOLDING OF U.S. SAVINGS BONDS, SHORT-TERM
TREASURY SECURITIES, COMMERCIAL PAPER, BANKERS ACCEPTANCES, AND TERM EURODOLLARS HELD BY U.S.
RESIDENTS, NET OF MONEY MARKET MUTUAL FUND HOLDINGS OF THESE ASSETS.
ALL OF THE NEWLY-AUTHORIZED MONEY MARKET DEPOSIT ACCOUNTS ARE PRESENTLY INCLUDED IN BOTH M2
AND M3; WHETHER SOME OF THESE ACCOUNTS SHOULD ENTER ONLY AT THE M3 LEVEL HILL BE CONSIDERED AS
DATA ON THE CHARACTERISTICS OF THE ACCOUNTS AND THEIR HOLDERS BECOME AVAILABLE.







H.6(508)
Table 3

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally adjusted unless otherwise noted

Data

Currency1

Travelers
checks?

Other
Overnight
Demand3 checkable
RPs5
deposits*
deposits
NSA

Overnight
Eurodollars6
NSA

Money
market
deposit
accounts 7
NSA

Savings deposit^
at
commercial
banks

at
thrift
institutions

total

Small denomination
time deposits^
at
thrift
total
institutions

at
commercial
banks

Money market
mutual fund balances1*)
general
purpose institution
and broker/
only
dealer

1981-DEC.

123.1

4.3

236.4

77.0

31.4

6.7

0.0

157.0

186.6

343.6

357.3

497.4

854.7

151.2

33.7

1982-JAM.
FEB.
BAB.

123.8
121.6
125.1

4.3

239.3
234.5
233.0

81.1
83.8
85.8

35.7
35.6
36.7

7.5
7.3
6.3

0.0
0.0

p.o

158.9
159.0
160.8

189.9
189.1
189. *

348.8
348.6
350.7

358.6
363.4
371.0

493.7
496.0
499.0

852.3
659.4
869.9

154.9
156.1
159.4

32.5
30.5
31.5

IPfi.
HAT
JO I E

126.3
127.4
128.*

233.0
232.7
231.0

88.6
87.0
87.5

34.6
35.8
36.0

5.8
7.0
7.0

0.0
0.0
0.0

160.7
160.5
159.9

189.<
190.
189. «

350.5
350.9
349.9

379.9
386.5
391.6

501.7
507.5
509.4

881.6
894.1
900.9

162.1
164.6
168.9

31.5
32.8
33.7

JULY
AOG.
SBPI.

128.8
129.5
130.5

1u<1
\

2JO. 6
231.1
232.6

87.4
90.2
93.0

36.4
37.6
36.8

7.0
6.9
6.5

0.0
0.0
0.0

157.0
155.9
156.6

187.
186.
185.<

344.0
342.0
342.4

401.1
407.9
410.9

518.7
522.7
521.7

919.7
930.6
932.6

171.7
180.6
182.5

36.7
43.1
43.9

OCT.
MOV.
DEC.

131.2
131.6
132.7

\
\
\

236.2
238.3
240.3

96.5
100.7
101.3

39.7
40.6
39.5

6.2
6.6
6.1

0.0
0.0
42.8

159.3
164.0
161.2

193..
198..
196.<

352.6
362.3
357.6

407.6
407.3
399.9

516.2
515.6
504.9

923.8
922.9
904.7

184.1
186.6
177.5

44.8
45.3
43.1

i
I
I.I
im <

»

4I . !

•BEK ENDING
1982
DEC.

1983
JA1.

1/
2/
3/
4/

5/
6/
7/
8/
9/
10/

1
6
IS
22
29

131.8
132.0
132.5
133.0
133.2

237.6
240.0
240.4
239.7
239.9

102.3
103.3
103.3
100.6
100.4

35.1
42.2
41.8
40.6
34.9

6.3
6.3
6.7
6.3
5.2

0.0
0.0
8.8
59.1
87.5

164.5
165.0
164.6
159.8
157.6

407.3
406.7
405.3
397.5
392.2

186.5
185.4
182.0
174.9
169.7

45.8
45.1
43.8
42.6
41.2

5
12
19 P
26 P

133.4
133.3
133.8
134.2

242.9
242.4
239.4
237.7

96.9
104.2
105.7
109.6

36.5
44.7
44.0
43.5

5.6
5.4
S.6
5.8

119.8
160.0
190.8
213.2

156.0
153.3
150.3

386.3
379.2
373.9
369.0

165.8
163.7
160.4
158.2

41.0
41.5
41.4
41.1

CURRENCY O0XSIDE THE U.S. TREASURY, F.fi. BANKS AID VAULTS OF COR1EBCIAL BANKS. EXCLUDES THE ESTIMATED ABOONT OF VAULT CASH
HELD BI THBIFT INSTITUTIONS TO SERVICE THEIB OCD LIABILITIES.
OUTSTANDING AHOUN1 OF U.S. DOLLAR-DENOMINATED TBAVELEBS CHECKS OF NONBANK ISSUERS.
0£BAND DEPOSITS AT COBBBRCIAL BANKS AND F0BSI6N BELATED INSTITUTIONS OTHER TBAN THOSE DOB TO DOHESTIC BANKS, THE U.S. GOVERNBENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEHS IN THE PROCESS OF COLLECTION AND F.B. FLOAT. EXCLUDES THE
ESTIMATED AMOUNT OF DEBAND DEPOSITS HELD AT COHBEfiCIAL BANKS BT TBBIFT INSTITUTIONS TO SERVICE THEIB OCD LIABILITIES.
INCLUDES ATS AND MOM BALANCES AT ALL DEPOSITOBI ,INSTITUTIONS EXCEPT CREDIT ONIONS, CBEDIT UNION SHABE DRAFT BALANCES AND
DSBAND DEPOSITS Al THRIFT INSTITUTIONS. OTHEB CHECKABLE DEPOSITS SEASONALLY ADJUSTED SQOALS DEBAND DEPOSITS PLUS OCD
SEASONALLY ADJUSTBD LBSS DEBAND DEPOSITS SEASONALLY ADJUSTED. NOH ACCOUNTS INCLUDE CEILING FREE "S0PEB IOIS,"
AUTHORISED BY THE DEPOSITORY INSTITUTIONS DEREGULATION CONBITTEZ TO BE OFFERED BEGINNING JANUARY 5, 1983. PRELIMINARY
DATA INDICATE THAT BALANCES IN "SUPER NOHS" HERB ABOUT $11.7 BILLION ON A DAILY AVERAGE BASIS IN THE IBEK ENDED
JANUABY 12, 1983, ABOUT $15.4 BILLION IN THE VEEK ENDED JANOABY 19 AND ABOUT $17 BILLION IN THE MEEK 1NDBD JANUABY 26.
THESE FIGURES INCLUDE BALANCES IN "SUPER NOBS" AT COHflEBCIAL BANKS OF ABOOT $6.7 BILLION IN THE H£BK ENDED JANUARY 12 AID
$9.7 BILLION IN THE WEEK ENDED JANUARY 19. FIGURES FOR THE LATEST SEEK ABE NOT YET AVAILABLE BY TYPE OF INSTITUTION.
INCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY C0BH3RCIAL BANKS XO OTHER THAN DEPOSITORY INSTITUTIONS AND BONBY
BARKS! SOTOAL FUNDS (GENERAL PU&POSE AND B£OKEl/DEALER).
ISSUED m CARIBBEAN BRANCHES OF U.S. HBBBSB BANKS TO O.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND HONEY BABKET MUTUAL
FUNDS.
BONEY BARKET DEPOSIT ACCOUNTS (BBOAS) HERE AUTHORIZED BI THE DEPOSITORY INSTITUTIONS DEREGULATION COBBITT3S TO BI OFFERED
fiBGINIING DECBBBER 14, 1982.
SAVINGS DEPOSITS EXCLUDE flflDAS.
SHALL DENOBINATION TIHE DEPOSITS — INCLUDING RETAIL RPS — ARE THOSE ISSUED IN ASCOUTS OF LSSS THAN $100,000.
NOT StASONALLY ADJUSTED.

H.6 (508)
Table 3—continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally adjusted unless otherwise noted
Large denomination time deposits'!
Date
at commercial
at thrift
banks2
institutions
total

at commercial
banks
NS>

Term RPs3
at thrift
institutions
NSA

Term 4
Eurodollars
total
NSA

NSA

Savings
bonds

Short-term
Treasury
securities^

Bankers
Commercial
acceptances**
paper7

1981-DEC.

245.9

54.4

300.3

27.1

8.3

35.4

66.7

67.7

176.5

39.7

104.2

1982-JAN.
FEB.
MAfi.

247.2
251.4
254.5

55.5
56.6
58.0

302.6
308.0
312.6

23.7
23.8
22.8

a.a
8.8
8.7

32.5
32.5
31.5

69.9
73.8
74.4

67.8
67.8
67.7

180.3
166.4
191.0

40.2
39.1
37.9

105.5
108.4
110.3

APB.
MAY
JOVE

258.5
263.1
268.8

58.7

58.5
59.5

317.2
321.6
328.3

25.2
23.3
21.8

9.0
9.3
9.5

34.2
32.6
31.2

78.5
83.3
84.8

67.7
67.7
67.8

191.7
191.9
194.8

38.3
39.9
40.3

109.7
112.1
115.7

JULY
AUG.
SEPT.

276.1
279.0
277.7

59.7
60.6
61.6

335.8
339.6
339.3

19.7
22.5
20.9

9.6
9.6
9.6

29.3
32.1
30.5

84.3
81.6
81.5

67.7
67.6
67.5

199.9
200.5
201.2

40.8
40.2
40.7

118.7
112.0
111.1

OCT.
MOV.
DEC.

279.1
274.4
266.4

63.4
66.0
66.3

342.5
340.4
332.7

22.1
24.1
24.2

9.2
9.4
9.4

31.3
33.5
33.6

WEEK ENDING:
1982-DEC.

1
8
15
22
29

272.7
272.2
270.5
263.7
260.6

29.6
21.5
22.4
20.2
30.4

1983-JAN.

5
12
19 P
26 P

259.6
250.4
245.1
240.1

30.5
20.7

1/

23«Q
23.4

LABGE DENOMINATION TIME DEPOSITS ABE THOSE ISSUED IN AMOUNTS OF $100#000 OB MOBE, EXCLUDING THOSE BOOKED AT INTEBNATIONAL
BANKING FACILITIES (IBFS).
2/ LABGE DENOMINATION TIME DEPOSITS AT COMMEBCIAL BANKS LESS LABGE TIME HELD BI MONEY MABKET MUTUAL FUNDS AND THBIFT INSTITUTIONS.
3/ TEBM BPS ABE THOSE WITH OBIGINAL MATUBITY GBEATEB THAN ONE DAY, EXCLUDING CONTINUING CONTBACTS AND BETAIL BPS.
4/ TEBM EUBODOLLABS ABE THOSE H U H OBIGINAL MATUBITY GBEATEB THAN ONE DAY EXCLUDING THOSE HELD BY DEPCSITOBY INSTITUTIONS AND
MONEY MAfiKET MUTUAL FUNDS.
5/ INCLUDES U.S. TiiEASUBY BILLS AND COUPONS WITH BEMAINING HATUBITY OF LESS THAN 18 MONTHS HELD BY OTHEB THAN DEPOSITOBY INSTITUTIONS, F.B. BANKS, AND MONEY MABKET MUTUAL FUNDS.
6/ NET OF BANKEBS ACCEPTANCES HELD BY ACCEPTING BANKS, F.fi. BANKS, fOBEIGN OFFICIAL INSTITUTIONS, THE FIDEBAL HCME LOAN BANK
SYSTEM, AND MONEY MAfiKET MUTUAL FUNDS.
7/ TOTAL CCMMEBCIAL PAPER LESS CCMMEBCIAL PAPEB HELD BY MONEY MABKEI MUTUAL FUNDS.




Table 3A

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonally adjusted
Demand deposits
Date

Currency1

125.4

1981-DEC.

Travelers
checks2

4.1

at member
banks3

at domestic
nonmember
banks4

156.8

82.7

Other checkable deposits
at foreignrelated
banking
offices
In the U.S.5
4.1

total 6

243.3

at
commercial
banks7

at thrift
institutions8

total

Overnight
RP, fl

63.4

15.1

78.4

31.4

6.7

82.5
81.5
83.8

35.7
35.6
36.7

7.5
7.3
6.3

Overnight
Eurodollars

1982-JAN.
FEB.
MAR.

123.3
123.0
123.8

I. 1
>.1
1.2

157.7
147.3
147.5

82.4
77.6
77.2

3.9
3.9
3.8

243.6
228.5
228.2

66.9
65.8
67.4

15.6
15.6
16.4

APfi.
HAY
JOKE

125.6
127.2
128.3

1.2
t.3
1.7

152.7
147.7
149.2

79.9
77.2
77.9

3.9
3.8
3.7

236.1
228.3
230.4

71.4
67.9
69.2

18.1
17.5
18.0

89.5
85.4
87.2

34.6
35.8
36.0

5.8
7.0
7.0

JULI
AOG.
SEPT.

129.8
130.0
130.2

1.9
1.9
1.7

151.0
150.1
152.4

77.2
76.0
76.8

3.7
3.6
3.7

231.5
229.3
232.5

69.3
70.7
73.4

18.5
19.1
19.9

87.9
89.8
93.2

36.4
37.6
36.8

7.0
6.9
6.5

OCT.
MOV.
DEC.

131.2
132.7
135.2

».5
1.2
i 1.0

155.7
158.0
163.3

78.1
79.0
80.8

3.7
3.7
3.7

237.2
240.2
247.2

76.1
79.2
80.9

21.2
22.3
23.0

97.3
101.5
104.0

39.7
40.6
39.5

6.2
6.6
6.1

WEEK ENDING:

1982-DEC.

1
8
15
22
29

132.5
134.8
134.9
136.0
135.8

159.3
161.5
163.4
162.6
162.8

77.8
80.8
80.8
81.1
79.9

3.6
3.7
3.6
3.9
3.7

240.2
245.3
247.3
247.1
245.8

79.1
82.6
82.4
80.6
78.7

22.3
23.7
23.2
22.8
22.5

101.4
106.3
105.6
103.4
101.2

35.1
42.2
41.8
40.6
34.9

6.3
6.3
6.7
6.3
5.2

1983-JAN.

5
12
19 P
26 P

134.7
134.1
133.2
132.0

174.4
166.4
161.8
153.5

84.5
82.9
79.8
75.7

3.6
3.1
3.4
3.5

262.0
251.9
244.4
232.3

81.0
84.1
83.4
80.7

23.5
25.5
25.6
25.3

104.5
109.7
109.0
106.1

36.5
44.7
44.0
43.5

5.6
5.4
5.6
5.8

1/

COfifiENCT OOTSIDE THE U.S. TREASURY, ¥.R* BANKS AND THE VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED A HO U NT OF VAULZ
CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIB OCD LIABILITIES.
2/ OUTSTANDING AHOUNT OF U.S. DOLLAR-DENOMINATED TfiAVELEfiS CHECKS OF MONBANK ISSUERS.
3/ DEMAND DEPOSITS OTHEB THAN IBOSE DUE TO DOMESTIC BANKS, THE U.S. GOVEfiNHENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS
CASH ITEMS IN THE PROCESS OF COLLECTION AND F.fi. FLOAT AT HEHBEfi BANKS OF THE FEDERAL RESERVE SYSTBM.
4/ DEMAND DEPOSITS OTHEB IHAN TBOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS
CASH ITEMS IN THE PROCESS OF COLLECTION AT NONMEHBEB BANKS.
5/ DEPOSITS AS DESCRIBED IN FOOTNOTE 4 AT AGENCIES AND BRANCHES OF FOfiEIGM BANKS, EDGE ACT CORPORATIONS AND FOREIGN INVESTMENT
COMPANIES.
6/ EQUALS SUM OF THREE PREVIOUS COMPONENTS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BI THRIFT
INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
7/ NOH AND ATS BALANCES AT COMMERCIAL BANKS, BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT CORPORATIONS.
8/ NOH AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE DRAFT BALANCES, AND
DEMAND DEPOSITS Al THRIFTS.
9/ INCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BI COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND MONEY
MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
10/ ISSUED BY CARIBBEAN BRANCHES OF MEMBER BANKS TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AN£ MONEY MARKET MUTUAL
FUNDS (GENERAL PURPOSE AND BROKER/DEALER).




H.6 (508)
Table 3A—continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not .seasonally adjusted
Savings deposits1

Money market deposit accounts
at
commercial
banks

at
savings
and
loans

at
mutual
savings
banks

at
credit
unions

1981-DEC.

0.0

G.O

0.0

0.0

0.0

1982-JAN.
FEB.
MAfi.

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

APR.
HAY
JO HE

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

JULY
AUG.
SEPT.

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
26.1

Date

OCT.
MO?.
DEC.

Small denomination time deposits2

at
savings
and
loans

at
mutual
savings
banks

at
credit
unions

157.2

95.4

47.5

0.0
0.0
0.0

158.6
157.5
158.4

96.7
95.9
95.9

0.0
0.0
0.0

0.0
0.0
0.0

159.5
159.0
158.6

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
12.6

0.0
0.0
3.8

0.0
0.0
0.3

0.0
0.0
4.8
35.7
54.2

0.0
0.0
2.9
17.7
25.2

0.0
0.0
0.8
5.3
7.6

73.5
97.3
116.3

35.5
48.3
57.0

10.3
13.6
16.4

total

at
commercial
banks

at
savings
and
loans

at
mutual
savings
banks

at
credit
unions

total

42.8

343.0

355.8

379.5

99.0

17.3

851.7

47.9
47.3
47.2

43.5
43.8
44.7

346.8
344.5
346.1

359.7
367.3
375.2

381.0
383.5
386.1

99.4
99.8
99.9

17.4
17.8
18.4

857.5
868.5
879.6

96.1
95.8
95.8

47.1
46.8
46.9

45.3
45.8
46.4

348.1
347.4
347.9

381.4
387.7
392.7

387.8
388.0
389.2

100.2
100.6
101.0

18% 8
19.1
19.4

888. 1
895.3
902.3

158.5
157.9
158.1

95.9
95.2
95.6

46.9
46.6
46.8

46.9
46.4
46.9

348.3
346.1
347.4

399.4
404.4
407.2

393.2
394.2
395.2

101.7
101.7
101.5

19.8
20.0
20.1

914.1
920.2
923.9

0.0
0.0
42.8

161.3
164.5
161.5

98.5
99.8
96.6

47.7
48.3
47.3

49.4
51.1
51.6

357.0
363.7
357.0

406.4
404.6
398.2

395.3
395.0
387.7

100.4
99.1
96.9

19.4
19.0
18.7

921.6
917.7
901.6

0.0
0.0
0.4
0.4
0.5

0.0
0.0
8.6
59.1
87.5

164.9
166.1
165.4
159.8
157.2

404.4
404.5
403.3
395.9
391.4

0.5
0.7
1.1

119.8
160.0
190.8
213.2

156.3
153.6
150.1

386.3
379.8
375.1
370.8

total

at
commercial
banks

WEEK ENDING
1982
DEC.

1
8
15
22
29

1 QAl

JAN.

1/
2/

5
12
19 P
26 P

SAVINGS DEPOSITS EXCLUDE MMDAS.
SHALL DENOMINATION TIME DEPOSITS -- INCLUDING KETAIL RPS —




AJJE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000.

H.6 (508)
Table 3A-continued

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

Date

Large denomination time deposits1
at
at mutual
commercial
savings
at savings
total3
banks2
and loans
banks

Term RPs4
at
commercial
banks

at thrift
institutions

total

Term
Eurodollars 5

Savings
bonds

Short-term
Treasury
securities 6

Commercial
Bankers
papers
acceptances7

1961-DEC.

251.2

47.8

6.0

305.4

27.1

8.3

35.4

66.7

68.1

175.2

39.4

104.6

1982-JAN.
FEB.
MAfi.

252.0
257.0
259.6

49.2

307.6
314.2
317.4

23.7

50.5
51.2

6.0
6.3
6.1

23.8
22.8

8.8
8.8
8.7

32.5
32.5
31.5

69.9
73.8
74.4

68.1
67.8
67.6

181.1
191.2
195.0

39.9
39.7
38.4

106.2
109.8
110.2

APE.
HAY
JUNE

260.1
261.8
264.7

51. J
52.1
52.7

6.1
6.0
6.0

317.9
320.3
323.9

25.2
23.3
21.8

9.0
9.3

34.2
32.6
31.2

78.5
83.3
84.8

67.4
67.4
67.4

194.1
194.9
196.0

38.5
39.6
40.1

110.0
112.8
116.1

JULY
AUG.
SEPT.

268.7
273.0
273.7

53.1
54.1
54.9

6.0
6.2
6.5

328.3
333.7
335.7

19.7
22.5
20.9

9.6
9.6

29.3
32.1
30.5

84.3
81.6
81.5

67.4
67.5
67.5

196.3
197.2
199.2

40.0
39.6
40.6

118.0
114.7
109.5

OCT.
NO?.
DEC.

276.0
275.6
272.0

56.7
58.8
59.2

6.6

339.9
341.6
338.2

22.1
24.1
24.2

9.2

6.6
6.4

9.5

9.6
9.4
9.4

31.3
33.5
33.6

MEEK E J D I N G :

1982-DSC.

1983-JAN.

1/
2/
3/
4/
5/
6/
7/
8/

1
8
15
22
29

277.0
275.4
274.5
269.9
268.9

29.6
21.5
22.4
20.2
30.4

5
12
19 P
26 P

264.4
254.9
249.1
245.0

30.5
20.7
23.0
23.4

LAfiGE DENOMINATION TIHE DEPOSITS ABE THOSE ISSUED IH AMOUNTS OF $100,000 OR HOBE, EXCLUDING THOSE BOOKED AT INTEBNAIIONA1
BANKING FACILITIES (IBFS) .
LAfiGE DENOHINATION H U E DEPOSITS AT COMHEBCIAL BANKS LESS LAEGE TIHE HELD BI BONEI MABKET MUTUAL FUNDS AND TBBIFT
INSTITUIIONS.
TOTAL LAfiGE DENOHINATION TIME DEPOSITS EXCEEDS SUH OF THfiEE PBEflOUS COLUMNS BI SUCH DEPOSITS AT CBEDIT UNIONS
TEBM BPS ABE THOSE H U H OBIGINAL HATUBIXI GBEATBfi THAN ONE DAI, EXCLUDING CONTINUING CON1BACTS AND BE1AIL BPS
TEBH EUBODOLLABS ABE THOSE WITH OBIGINAL HATUBITI GBEATIB THAN ONE DAI EXCLUDING THOSE HELD BI DEPCSI1OBI INSII1U1IONS AND
MONEI HABKET MUTUAL FUNDS.
INCLUDES U.S. TBEASUBI BILLS AND COUPONS WITH BEMAINING MATUBI1I OF LESS THAN 18 MONTHS HELD BI OTHIB THAN DEPOSITOBX INSTITUTIONS, F.fi. BANKS, AND HONEI MABKET MUTUAL FUNDS.
NET OF iANKEBS ACCEPTANCES HELD BI ACCEPTING BANKS, F.fc. BANKS, FOBEIGN OFFICIAL INSTITUTIONS, THE IlDZhkL HOME LOAN BANK
SYSTEM, AND HONEI MABKET MUTUAL FUNDS.
TOTAL CCMHEBCIAL PAPER LESS COMMERCIAL PAPEfi HELD BI MONEI MABKEI MUTUAL FUNDS.




H.6 (508)
Table 4

MEMORANDA ITEMS
Billions of dollars, not seasonally adjusted
Demand deposits at banks due to
Date

foreign commercial
banks

foreign official
institutions

Time and savings
deposits due to
foreign commercial
banks and foreign
official institutions

demand deposits at
Federal Reserve
commercial banks
Banks

U.S. government deposits
note balances at
commercial
banks and thrift
institutions

total demand
deposits and
note balances

1981-DEC.

12.9

2.6

9.1

3.1

2.9

8.1

14.1

1982-JAN.
FEB.
BAB.

11.8
11.5
11.2

2.5
2.3
2.4

8.8
8.6
8.6

3.0
2.9
2.8

4.7
5*5
3.3

11.5

17.2
12.7

19.1
25.6

APH.
JOME

10.7
11.2
11.0

2.1
2.2
2.4

8.5
8.6
8.6

3.7
2.7
3.3

4.5
4.5
3.3

JOLI
A06.
SEPI.

11.4
10.6
10.5

2.5
2.3
2.1

8.8
9.1
9.0

2.6
2.4
3.4

OCI.
MCF.
DEC.

10.6
10.6
10.8

2.3
2.1
2.3

9.0
9.0
8.8

time and
savings deposits at
commercial banks
0.7
0.7

18.9

0.8
0.8

10.1
12.7
7.5

18.3
19.9
14.1

•0
1.0
1.0

3.3
3.3
3.8

5.7
5.8
9.0

11.7
11.5
16.2

1.0
1.0
1.0

2.6
2.7
3.0

3.2
3.1
3.2

13.8
5.3
7.9

19.6
11.0
14.1

!1.1

1.1
1.1

MEEK EHDI9G:
1982-DSC.

1
8
15
22
29

11.0
10.7
10.6
11.0
11.1

2.3
2.2
2.1
2.2
2.5

8.9
8.9
8.9
8.7
8.7

2.7
3.2
3.3
3.3
2.5

3.3
3.0
3.3
3.0
3.3

4.0
7.6
2.6
9.6
10.8

9.9
13.8
9.3
15.8
16.6

1.0
1.0
1.0
1.0
1.1

1983-JAH.

5
12
19 P
26 P

9.9
10.2
10.0
10.2

2.3
2.4
2.3
2.2

8.6
8.5
8.5
8.4

2.7
2.5
3.8
2.8

4.2
2.9
3.1
3.9

13.4
12.2
12.5
15.0

20.2
17.7
19.4
21.7

1.1
1.0
1.0
0.9




SPECIAL SUPPLEMENTARY TABLE
Variable-Ceiling Time Deposits, All Savers Certificates, and Retail Repurchase
Agreements At All Insured Commercial Banks and All Mutual Savings Banks
October 31, 1982, November 30, 1982 and December 29, 1982
(not seasonally adjusted)1Insured Commercial Banks
Nov. 30
Oct. 31 I
Dec. 29r
Amount outstanding
($ millions)

Liability Categories

Mutual Savings Banks
Oct. 31
Nov. 30
Dec. 29r
Amount outstanding
($ millions)
8,352
(22)

61,944 1
(202)

Money market deposit accounts (MMDAs)^ 1
(standard error of the estimate)

14,711
(726) I

8,360

7- to 31-day money market certificates^
(standard error of the estimate)

(465)

91-day money market certificates^
(standard error of the estimate)

6,248
(181)

6-month money market certificates^
(standard error of the estimate)

231,046
(1,988)

certificates 6
(standard error of the estimate)
All Savers certificates 7
(standard error of the estimate)

427
(37)

9,714
(644)

831
(68)

369
(22)

7,280
(182)

835
(28)

916
(32)

819
(31)

226,682
(2,030)

218,657
(1,895)

47,723
(860)

47,519
(843)

45,728
(717)

87,445
(1,862)

86,968
(1,812)

86,607
(1,770)

26,813
(523)

26,506
(535)

25,634
(503)

13,605
(231)

10,086
(188)

8,673
(177)

1

3,171
(74)

2,409
(55)

I
l

2,128
(47)

in:*

2,147

2,760

3,269

I

367

i

426

1

485

Fixed-rate accounts
(standard error of the estimate)
Variable-rate accounts
(standard error of the estimate)

2,026
(180)
121
(48)

2,614
(221)
146
(61)

3,125
(263)
144
(63)

I
1
1
1

343
(25)
24
(3)

1
i
1

397
(26)
29

7,322

(194) I

3-1/2 year ceiling-free time deposits

I
1
I
(6) 1
I

6,347

1,592

1

1,694
1,387
(83)
307
(32)

4,653
(192)

All IRA/Keogh Plan Deposits 9

16,791

17,272

18,096

1

6,174

1

6,199

Ceiling free IRA/Keogh Time
Deposits in:

9,916

10,420

11,224

1

1,496

1

Fixed-rate accounts
(standard error of the estimate)
Variable-rate accounts
(standard error of the estimate)
All Other IRA/Keogh time and
savings deposits
(standard error of the estimate)

1

I.

7,863
(330)
2,053
(133)

6,875
(359)

1

1

455
(32)
30
(7)

8,276
(340) 1
2,144
(137)

8,963
(367)
2,261
(143)

1
1
I
1

1,233
(70)
263
(28)

1
1
I
1

1,313
(75)
279
(29)

1
1
I
1

6,852 I
(356)

6,872
(371)

1
1

4,678
(190)

I
1

4,607
(190)

i
1

1
1,472
1
2,576
1
2,411
5,937
1
7,677
1
7,225
Retail repurchase a g r e e m e n t s ^
(279)
(460) 1
(432) 1
(683) 1
(772) 1
1
(726) 1
(standard error of the estimate)
1. Fstimafpfl art* haat*d on data collected bv the Federal Reserve from a stratified random sample of about
550 banks and 90 mutual savings banks.
2. Money market deposit accounts (MMDAs)—Deposits with a $2,500 initial and average balance requirement,
no required minimum maturity but institutions must reserve the right to require at least seven days'
notice prior to withdrawal, no restrictions on depositor eligibility, or limitations on the amount of
interest that may be paid unless the average balance falls below $2,500 during which period the NOW
account rate ceiling applies; such accounts may allow up to six transfers per month, no more than three
of which may be by draft and may permit unlimited withdrawals by mail, messenger, or in person.
3. 7- to 31-day money market certificates are nonnegotiable time deposits that require a minimum daily
balance of $20,000, but less than $100,000, and have an original maturity or required notice period of
at least 7 days but no more than 31 days. The maximum permissible rate of interest is tied to the discount
yield (auction average) on the most recently issued 91-day Treasury bill.
4. 91-day money market certificates are negotiable or nonnegotiable time deposits issued in denominations
of at least $7,500, but less than $100,000, with original maturities of exactly 91 days for which the
maximum permissible rate of interest on new deposits is tied to the discount yield on the most recently
issued 91-day (13-week) Treasury bill (auction average).
5. 6-month money market certificates (MMCs) are nonnegotiable time deposits in denominations of $10,000,
but less than $100,000, with original maturities of exactly 26 weeks for which the maximum permissible
rate of interest on new deposits related to the discount yield on the most recently issued 6-month
Treasury bill (auction average).
6. This category includes all 4-year and over variable ceiling accounts having no legal minimum denomination issued between July 1 and December 31, 1979 and all 2-1/2 year and over variable ceiling accounts
issued since January 1, 1980.
7. All Savers Certificates are one-year nonnegotiable time deposits that have an annual investment yield
equal to 70 percent of the average yield for 52-week U.S. Treasury bills.
8. Ceiling-free time deposits are all negotiable or nonnegotiable time deposits in denominations of less
than $100,000 with original maturities of 3-1/2 years or more that were authorized beginning May 1, 1982.
Fixed-rate accounts pay one rate of return over the life of the instrument, whereas variable rate accounts
pay a rate of return that may vary over the life of the instrument. Excludes IRA/Keogh accounts.
9. Ceiling-free IRA/Keogh time deposits of less than $100,000 with original maturities of 1-1/2 years of
more, were authorized beginning December 1, 1981. Fixed-rate accounts pay one rate of return over the life
of the instrument, whereas variable rate accounts pay a rate of return that may change periodically over the
life of the instrument. All other IRA and Keogh Plan time and savings deposits include all IRA/Keogh time
deposits regardless of maturity or ceiling rate.
10. Retail repurchase agreements are in denominations of less than $100,000 with maturities of less than 90
days that arise from the transfer of direct obligations of, or obligations fully-guaranteed as to principal
and interest by, the U.S. Government or an agency thereof.
r—revised