Full text of H.6 Money Stock Measures : August 19, 1983

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FEDERAL RESERVE statistical release
H6 (508)
Table 1

For Release at 4:15 p.m. Eastern Time

MONEY STOCK MEASURES AND LIQUID ASSETS

AOG.

Billions of dollars
M1

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

Date

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

M3
adjusted

M1

L

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
and Eurodollars, M2 plus large
time deposits,
MMMF
balances (gen. term RPs and
institution-only
pur. and
MMMF
broker/dealer),
balances3
MMDAs,
and savings
and small time
deposits2

1 9 , 1983
L

M3 plus other
liquid assets4

1982—JULY
AOG.
SEPT.
OCT.
NOV.
DEC,

454.4
458.3
463,2
468.7
474.0
478,. 2

1880.9
1903.6
1917.0
1929,7
1945.0
1959.5

2283.4
2317.9
2333.9
2352.0
2370.2
2377.6

2798.2
2823.6
2840.5
2866.0
2882.4
2896.8

454.3
454.3
461.0
470.6
479.0
491.0

1883.0
1896.5
1908.7
1928.6
1943.6
1964.5

2280.8
2308.8
2324.4
2350.4
2369.2
2385.3

2790.0
2811.8
2825.5
2860.9
2881.3
2904.7

1983—JAN.
FEB«
MAB.
APE.,
MAY
JOSE
JULY P

482.1
49 U. 1
497.6
496., 5
507.. 4
511.7
515.5

2010.0
2050.8
2069.9
2074.7
2096-2
2114.3
2 12 5.4

2403.3
2430.6
2447.1
2454.0
2476.5
2499.3
2510.0

2930.7
2960.5
2988.3

489.7
480.6
489.2
504.5
499.8
508.3
514.7

2018.3
2042.5
2065.9
2088.4
2092.7
2114.0
2126.9

2415. 1
2427.0
2445.9
2465.5
2471.7
2495.9
2507.8

2945.6
2964.9
2993.0

13-week
average

Not seasonally adjusted
4-week
average

M1
For period ended

1983-JOLY

AOG.

NOTE:

13-week
average

Seasonally adjusted
4-week
average

week average

week average

6
13
20
27

506. 1
507.5
509.2
510.8

51U3
512.1
513.3
515.5

514.3
514.6
516.0
517.0

505.0
505.8
506.3
507.1

510.3
512.1
513.9
515.6

523.9
520.4
513.6
504.5

3 P
10 F

512.2
512.9

516.3
516.8

517.4
516.9

508.2
509.3

512.8
512.0

512.7
517.2

SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING WEEK-TO-WEEK CHANGES IN HONEY SUPPLY DATA, WHICH APE
HIGHLY fOLATILE AND SUBJECT TO REVISION.
P--INDICATES PRELIMINARY DATA.
FOOTNOTES APPEAR 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 MCNTHS FROM APE.

1983 TO JULY 19 83

15.3

9.8

9. 1

6 MONTHS FEOH JAN.

1983 TO JOLY 1983

13.9

11.5

8.9

1982 TO JOLY 1983

13.4

13.0

9.9

12 MONTHS FROM JOLY

THIRTEEN WEEKS ENDING AUG. 10, 1983
FROM THIRTEEN SEEKS ENDING:
HAY

1/

2/

3/

V

11, 1983 (13 iSEKS PBEVIOUS)

13.0

FEB.

9, 198 3 (26 WEEKS PREVIOUS)

13.7

AUG.

11, 1982 (52 SEEKS PREVIOOS)

12.9

FOOTNOTES TO TAELE 1
AVERAGES OF DAILY FIGDPES FOB (1) CORBENCY OOTSIDE THE TREASURY, FEDERAL RESERVE BANKS, AND
THE VAULTS OF COMMERCIAL BANKS; (2) TRAVELERS CHECKS OF NONBANK ISSUERS; (3) DEMAND DEPOSITS
AT ALL COMMERCIAL BANKS OTHER THAN THOSE DOE TO DOMESTIC BANKS, THE U.S. GOVERNMENT. AND
FOREIGN BANKS AND OFFICIAL INSTITOTIONS LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND
FEDERAL RESERVE FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE
ORDER OF WITHDRAiAL (NOH) AND AOTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITORY
INSTITOTIONS OTHER THAN CREDIT ONIONS, CREDIT ONION SHARE DRAFT ACCOUNTS, AND DEMAND
DEPOSITS AT THRIFT INSTITOTIONS. THE CURBEBCY AND DEMAND DEPOSIT COMPONENTS EXCLODE THE
ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY THRIFT INSTITUTIONS
TO SERVICE THEIR OCD LIABILITIES.
INCLUDES OVERNIGHT (AND CONTINUING CONTRACT) RPS ISSUED BY ALL COMMERCIAL BANKS A»?D EURODOLLARS
ISSUED BY FOREIGN (PRINCIPALLY CARIBBEAN AND LONDON) BRANCHES OF U.S. BAHKS, HHDAS, SAVINGS
AND SMALL DENOMINATION TIME DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL RPS--IN AMOUNTS OF LESS
THAN $100,000), AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BROKER/DEALER
MONEY MARKET MUTUAL FONDS. EXCLUDES IRA AND KEOGH BALANCES AT DEPOSITORY INSTITUTIONS AND HONEY
MARKET FUNDS. ALSO EXCLUDES AMOUNTS HELD BY U.S. COMMERCIAL BANKS, MONEY MARKET FUNDS (GENERAL
PURPOSE AND BROKER/DEALER), FCREIGN GOVERNMENTS AND COMMERCIAL BANKS, AND THE U.S. GOVERNMENT.
«2 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 TEEM RPS (IH AMOUNTS OF $100,000 OR MORE) ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, EXCLUDING THOSE HELD BY DEPOSITORY INSTITOTIONS,
THE U.S. GOVERNMENT, HONEY MARKET FUNDS, AND FOBEIGN BANKS AMD OFFICIAL INSTITUTIONS. H3 WILL
DIFFER FROM THE SUM OF COMPONENTS PRESENTED IH SUBSEQUENT TABLES BY A CONSOLIDATION ADJUSTMENT
THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS HELD BY INSTITUTION-ONLY HONEY BARRET
MUTUAL FUNDS.
OTHER LIQUID ASSETS INCLODE THE NONBANK POBLIC HOLDING OF U,S. SAVINGS BONDS, SHORT-TERM
TREASURY SECURITIES, COMMERCIAL PAPER, BANKERS ACCEPTANCES, AND TERM EURODOLLARS HELD BY U.S.
RESIDENTS, NET OF HONEY MARKET MUTUAL FUND HOLDINGS OF THESE ASSETS.




H.6 (508)
Table 3

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

Date

Currency1

Travelers
checks?

Other
Overnight
RP&5
Demand checkable
4
deposits? deposits
NSA

Overnight
Eurodollars6
NSA

Money
market
deposit
accounts 7
NSA

Savings depositsB
at
commercial
banks

at
thrift
Institutions

total

Small denominate
time deposits*?
at
at
total
commerthrift
cial
Institubanks
tions

Money market
mutual fund balances 10
general
purpose Institution
only
and broker/
dealer

128.8
129.6
130.5

4
4I. 4
4

232.1
232.5
234.0

89.1
91.8
94.3

33.3
34.0
34.1

6.5
8.4
7.4

0.0
0.0
0.0

158.2
158.4
159.6

186.8
188.3
190.4

345.0
346.7
350.0

383.8
388.6
391.4

489.2
491.2
491.8

872.9
879.8
883.2

172.9
182.3
165.1

40.4
47.1
48.2

OCT.
MO?.
OBC.

131.3
131.9
132.8

1. 4
4la 4

1.2

236.0
237.6
239.8

97.0
100.1
101.3

37.4
38.5
38.5

6.5
6.7
5.8

0.0
0.0
43.2

162.3
166.2
163.4

195.7
200.1
195.9

358.0
366.4
359.3

389.9
389.2
383.2

488.1
485.8
475.9

878.0
874.9
859.1

187.6
191.1
182.2

49.3
49.9
47.6

1983-JAM.
FEB.
BAB.

134.2
135.6
137.0

1. 1
1.3
1.5

239.4
238.7
240.1

104.5
112.5
116.0

40.1
41.0
40.9

7.2
7-8
7.8

189.1
277.7
320.5

151.7
144.7
142.3

183.3
181.0
180.4

335.1
325.7
322.7

356.7
337.7
326.8

440.7
417.4
407.0

797.4
755.1
733.8

166.7
159.6
154.0

46. 1
45.2
43.5

APR.
HAT
JOKE

138.0
139.3
140.3

1.6
44.7

1.7

238.9
242.5
244.0

115.0
120.9
122.7

42.5
46.0
46.6

8.1
9.1
9.4

341.2
356.8
367.3

140.8
140.8
140.8

180.7
182.3
184.2

321.5
323.1
325.0

321.5
318.8
319.5

404.2
401.4
402.6

725.7
720.1
722.1

146.7
141.1
139.6

41.0
40.4
39.2

JO L I P

140.9

4.6

245.7

124.2

43.2

9.2

368.4

139.6

183.9

323.5

326.0

408.9

735.0

138.4

38.6

1982-JULI
AUG.
SEPT,

HEEK ENDING
1983
JCJLX

AOG.

6
13
20
27

140.8
140.3
140.8
141.1

246.4
246.5
245.7
245.8

122.5
123.2
124.8
125.5

45.9
43.0
43.1
42.3

9.1
7.8
9.3
10.2

368.2
368.8
368.6
366.0

140.6
139.9
139.4
139.1

323.5
324.9
326.4
327.7

138.1
138.8
138.7
138.1

38.8
38.5
38.5
38.5

3P
10 P

141.3
141.5

245.0
244.9

126.4
125.8

41.0
40.9

9.9
9.7

367.9
367.7

138.7
138.6

329.1
330.5

138.3
138.9

38.4
38.2

CURRENCY OUTSIDE THE U.S. TBEAS0BT, P.R. BANKS AID fAOLTS OP COMMERCIAL BANKS. EXCLUDES THE ESTIHATED AMOUNT OP fAOLT CASH
HELD BI THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OP U.S. DOLLAR-DBNOHINATED TRAfELBRS CHECKS OP NONBANK ISSUERS,
DEMAND DEPOSITS AT COMMERCIAL BANKS AND POREIGN RELATED INSTITUTIONS OTHBR THAN THOSE DUB TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITBHS IN THE PROCESS OP COLLECTION AND P.B. FLOAT. EXCLUDES THE
ESTIMATED AHOONT OP DEflAND DEPOSITS HBLD AT COMMERCIAL BANKS BT THRIPT INSTITUTIONS TO SBRflCB THEIR OCD LIABILITIES.
IWCL0DES ATS AND MOM BALANCES AT ALL DEPOSITORY INSTITUTIONS EXCEPT CREDIT UNIONS, CRBDIT UNION SHARE DRAFT BALANCES AND
DEflAND DEPOSITS AT THRIFT INSTITUTIONS. OTHBR CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS DEHAND DEPOSITS PLUS OCD
SEASONALLY ADJUSTED LESS DEflAND DEPOSITS SEASONALLY ADJUSTED. NON ACCOUNTS INCLUDE CBILING FREE "SUPER WOWS,"
AUTHORIZED BY THE DEPOSITORY INSTITUTIONS DEREGULATION COHHITTEE TO BE OPFERED BEGINNING JANUARY 5, 1983. PRELIMINARY
DATA INDICATE THAT BALANCES IN "SUPER NOUS* HERB ABOUT $32.7 BILLION IN THE KEEK ENDED JULY 27, ABOUT $33.4 BILLION
IN THE NEBK ENDED AUGUST 3, AND ABOOT $33.8 BILLION IN THE HEEK ENDED AUGUST 10. THESE PIGURES INCLUDE BALANCES IN
"SUPER MOWS" AT COMMERCIAL BANKS OP ABOUT $23.0 BILLION IN THE HEEK ENDED JULY 27 AND ABOUT $23.4 BILLION IN THE
HEEK ENDED AUGUST 3. PIGURBS POR THE LATEST WEEK ARE NOT YET AVAILABLE BY TYPE OP INSTITUTION.
5/ INCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COHHERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND HONEY
MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER) .
6/ ISSOED BY POREIGN (PRINCIPALLY CARIBBEAN AND LONDON). BRANCHES OP U.S. BANKS TO U.S. RESIDENTS OTHER THAN
DEPOSITORY INSTITUTIONS AND MONEY MARKET MUTUAL FUNDS.
7/ HONEY MARKET DEPOSIT ACCOUNTS (MADAS) HERE AUTHORIZED BY THE DEPOSITORY INSTITUTIONS DEREGULATION COMMITTEE TO BE OFFERED
BEGINNING DECEMBER 14, 1982.
8/ SAVINGS DEPOSITS EXCLUDE HHDAS.
9/ SMALL DENOMINATION TIME DEPOSITS — INCLUDING RETAIL RPS — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000. ALL INDIVIDUAL
RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COHHERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROM SHALL TINE DEPOSITS.
10/ NOT SEASONALLY ADJUSTED, INCLUDES BALANCES IN BOTH TAXABLE AND TAX-EXEMPT FUNDS. ALL INDIVIDUAL RETIREMENT ACCOUNTS
AND KEOGH ACCOUNTS AT MONEY FUNDS ARE EXCLUDED.
1/

2/
3/




H.6 (508)
Table 3-continued
uumruncnio ur misn c i OIVSUIV mcMoun CO HDU 1.1'idWU MOOE I O
Billions of dollars, seasonally ad us ted unless otherwise noted
Large denomination time deposits1
Term RP$3
Date
at commercial
at thrift
at commercial
at thrift
banks2
institutions
total
banks
institutions
NSA
NSA

4

Term 4
Eurodollars

total
NSA

NSA

Savings
bonds

Short-term
Treasury
securities^

Bankej£
acceptances^

Commercial
paper?

271.7
273*6
273.6

60.4
61.3
62.5

332.1
334.9
336.1

22.7
25.4
24.6

11.8
11.6
11.8

34.5
37*0
36.4

83.7
80.9
80.6

67.6
67.5
67.5

202.9
204. 1
203.6

42.0
41.3
41.4

118.7
112.0
113.7

OCT.
NOV.
DEC.

275.3
273.7
267.0

64.3
66.8
66.7

339.6
340.4
333.8

26.0
27.8
28.2

11.7
11.6
12.1

37.7
39.4
40.3

81.1
79.5
80. 1

67.6
67.8
67.9

210.3
214.5
217.6

42.8
43.1
44.9

112.3
107.3
108.8

1983-JAN.
FEB.
MAR.

247.6
235.2
231.6

63.1
62.7
64.6

310.7
297.9
296.2

27.9
28.6
29.4

12.6
12-2
12.3

40.6
40.8
41.7

81.2
83.8
86.7

68.1
68.5
68.8

219.3
219.3
224.5

45.3
43.2
42.0

113.5
115. 1
119.2

APR.
JUNE

231.1
227.0
229.4

69,2
72-5
75.3

300.4
299.5
304.7

-30.3
32.7
31.5

12.4
12.5
13.0

42.7
45.3
44.5

JULT P

226.5

79.8

306.3

29.6

13.2

42.8

J982-JULY
AOG.
SEPT.

MAY

MEEK ENDING:
1

1983-JULY

AOG.

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

6
13
20
27

227.7
227.7
226.5
226.5

29.6
27.8
29.8
30.4

3P
10 P

226.7
227.8

30.9
30.6

LARGE DENOMINATION TIME DEPOSITS ABE THOSE ISSUED IN AHO0NTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIHE HELD BT MONET MARKET MUTUAL FORDS AND THRIFT INSTITUTIONS.
TERM EPS ARE THOSE WITH ORIGINAL HATUBITT GREATER THAN ONE DAT, EXCLUDING CONTINUING CONTRACTS AND RETAIL RPS.
TERM EURODOLLARS ARE THOSE ilTH ORIGINAL MATURITY GREATER THAN ONE DAY EXCLUDING THOSE HELD BY DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATUBITY OF LESS THAN 18 MONTHS HELD BY OTHER THAN DEPOSITORY INSTITUTIONS, F.R. BANKS, AND MONEY MARKET MUTUAL FUNDS.
NET OF EANKERS ACCEPTANCES HELD BY ACCEPTING BANKS. F.R. BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 3A

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

Demand deposits

Date

Currency

1

Travelers
checks 2

at member
banks 3

at domestic
nonmember
banks 4

at foreignrelated
banking
offices
in the U.S?

total6

at
commercial
banks 7

at thrift
institutions

Overnight
8

total

Overnight i
Eurodollars

129.8
130.1
130.2

4.9
4.9
4.7

151.0
150.1
152.5

77.4
76.2
77.0

3.7
3.7
3.9

231.7
229.6
232.9

69.3
70-7
73.4

18.5
19.1
19.9

87.9
89.8
93.3

33.3
34.0
34. 1

8.5
8.4
7.4

OCT.
NOV.
DEC.

131.3
132.7
135.2

4.4
4.2
4.0

155.7
158.0
163.3

78.3
79.3
81.0

4.0
3.9
3.9

237.6
240.6
247.7

76.1
79.2
81.0

21.2
22.3
23.1

97.3
101.5
104.0

37.4
38.5
38.5

6,5
6.7
5.8

1983-JAN..
FEB.
MAB.

133.2
133.7
135.4

3.9
4.1
4.3

161.9
153.4
155.4

80. 1
76.2
76.5

3.7
3.6
3.7

245.1
232.8
235.2

82.4
83.6
86.7

25. 1
26.4
27.7

107.5
110.0
114.3

40. 1
41.0
40.9

7.2
7.8
7.8

APEMAY
JUNE

137.4
138.9
140.3

4.4
4.5
4.9

160.1
157.4
160.2

79.0
77.5
78-6

3.8
3.7
3.7

242.4
238.2
242. 1

90.8
88.7
90.7

29.5
29.5
30.3

120.2
118.2
121.0

42.5
46.0
46.6

8.1
9.1
9.4

JULY £

142.0

5. 1

162.6

79.1

3.7

245.0

91.7

30.8

122.5

43.2

9.2

1982-JULY
AUG.
SEPT.

MEEK ENDING:

1983-JOLY

AUG.

\/
2/
3/
4/
5/
6/
7/
8/
9/
10/




6
13
20
27

143.3
142.3
141.6
140.7

166.3
165.1
163.0
158.6

81.6
80.7
78.8
76.4

3.9
3.7
3.6
3.7

251.3
249.0
245.0
238.4

93.0
92.7
91.3
90.1

31.3
31.3
30.6
30.1

124.2
124.0
121.9
120.2

45.9
43.0
43.1
42.3

9.1
7.8
9.3
10.2

3 P
10 P

141.6
143.5

161.1
162.1

78.6
78.6

3.8
3.5

243. 1
243.7

91.7
93.5

31.1
31.4

122.8
124.8

41.0
40.9

9.9
9.7

CUBBENCY OUTSIDE THE U.S- TREASURY, F.R. BANKS AND THE ?AULTS OF COMMERCIAL BANKS. EICLUDES THE ESTIMATED AHOONT OF VAULT
CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSUERS.
DEMAND DEPOSITS OTHER THAN THOSE DUE TO DOHESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS
CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R. FLOAT AT MEMBER BANKS OF THE FEDERAL RESERVE SYSTEM,
DEMAND DEPOSITS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS
CASH ITEMS IN TH1? PROCESS OF COLLECTION AT NONMEHBEB BANKS.
DEPOSITS AS DESCRIBED IN FOOTNOTE 4 AT AGENCIES AND BRANCHES OF FOREIGN BANKS, EDGB ACT CORPORATIONS AND FOREIGN INVESTMENT
COMPANIES.
EQUALS SUM OF THREE PREVIOUS COMPONENTS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT
INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
NOW AND ATS BALANCES AT COMMERCIAL BANKS, BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT CORPORATIONS.
NOW AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE DRAFT BALANCES, AND
DEMAND DEPOSITS AT THRIFTS.
INCLUDES OVEBNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND MONEY
MARKET MUTUAL FUNDS (GENE8AL PDRPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN (PRINCIPALLY CARIBBEAN AND LONDON) BRANCHES OF U.S. BANKS TO U.S. RESIDENTS OTHER THAN DEPOSITORY
INSTITUTIONS AND MONEY MARKET BUTUAL FUNDS (GENERAL PURPOSE AN!* BROKEB/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

Small denomination time deposits2

Large denomination time deposits3

at
commer- .
cial
banks

at
thrift
institutions

total

at
commercial
banks

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

159.9
159.3
159.7

188.7
187.5
188.5

348.6
346.8
348.2

383.0
387.4
389.7

488.7
489.2
489.3

871.6
876.6
879.0

267.5
271.9
272.7

59.9
61.0
62.2

327.4
332.9
334.9

OCT.
NOV.
DEC.

0.0
0.0
26.5

0.0
0.0
16.8

0.0
0.0
43.2

163.0
165.0
164.6

194.8
198.3
195.0

357.8
363.4
356.7

388.3
387.1
360.2

487.0
484.5
473.6

875.3
871.6
853.9

275.0
274.6
270.0

64.1
66.3
66.5

339.1
340.8
336.5

1983-JAM.
FEB.
HAR.

114.2
163.3
185.8

74.9
114.5
134.6

189.1
277.7
320.5

150.3
143.5
142. 1

184.3
181.0
181.1

334.7
324.5
323.2

356.3
339.3
329.2

442.3
419.2
408.5

798.6
758.5
737.7

250.4
238.7
233.4

63.8
63.9
65.5

314.2
302.6
298.9

APB.
HAY
JUNE

198.0
207.6
215.0

143.2
149.2
152.3

341.2
356.8
367.3

141.9
141.7
141.5

182.4
182.9
184.8

324.3
324.6
326.3

322.7
320.5
321.1

405.9
402.3
402.8

728.6
722.7
723.9

229.2
225.6
226,8

68.9
72.6
74.8

298.1
298.2
301.6

JOLY E

217.0

151.4

368.4

141.0

185.6

326.5

325.5

408.7

734.2

223.6

79.0

302.6

6
13
20
27

216.1
216.8
217.1
217.3

152.2
152.0
151.5
150.8

368.2
368.8
368.6
368.0

142. 1
141.6
140.9
140.2

323.3
324.4
325.6
326.8

224.1
223.5
222.3
224.1

3P
10 P

217.6
217.7

150.4
150.0

367.9
367.7

139.7
139.8

328.1
329.7

224.5
226.1

Date

1982-JOLY
AUG.
SEPT.

at
thrift
institutions

total

at
commercial
banks

at
thrift
institutions

total

at
commercial
banks4

totalS

at
thrift
institutions

MEEK ENDING
1983
JOLY

AOG.

1/
2/
3/
4/
5/

SAVINGS DEPOSITS EXCLUDE MBDAS.
SHALL DENOMINATION TIME DEPOSITS — INCLUDING RETAIL HPS — ARE THOSE ISSUED IN AHOONTS OF LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IEA) AND KEOGH ACCOUNTS AT COHHERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROM SHALL
TIHE DEPOSITS.
LABGE DENOHINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY HONEY MARKET MUTUAL FUNDS AND THRIFT
INSTITUTIONS.
TOTAL LARGE DENOHINATION TIME DEPOSITS EXCEEDS SUM OF THREE PREVIOUS COLUHNS BY SOCH DEPOSITS AT CREDIT UNIONS.




H.6 (508)
Table 3A—continued

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

7
TermRP's 1

Date

at
commercial
banks

1962-JULY
AUG.
SEPT.

at
thrift
institutions

total

Term
Eurodollars2

Savings
bonds

Short-term
treasury
securities 3

Bankers
acceptances

Commercial
paper 5

22.7
25.4
24.6

11.8
11.6
11.8

34.5
37.0
36.4

83.7
80.9
80.6

67.4
67.5
67.5

198.7
199. 1
199.2

41.3
40.9
41.8

118.0
114.7
112.0

OCT.
MOV.
DEC.

26.0
27.8
28.2

11.7
11.6
12.1

37.7
39.4
40.3

8L1
79.5
80.1

67.7
68.0
68.2

206.8
212.5
216.8

43.4
43.9
45.1

111.5
108.2
109.2

1983-JAN.
FEB.,
MAB.

27.9
28.6
29.4

12.6
12.2
12.3

40.6
40,8
41.7

81.2
83.8
86.7

68.4
68.5
68.7

221.3
225.5
231.2

45.4
43.5
41.5

114.1
116.6
119.1

APR.
HAY
JUNE

30.3
32«7
31. 5

12.4
12.5
13.0

42.7
45.3
44.5

JULY P

2 9,. 6

13.2

42.8

MEEK ENDING:
1983-JOLY

AUG.

1/
2/
3/
4/
5/

6
13
20
27

29.6
27.8
29.8
30.4

3 P
10 P

30.9
30.6

TEBM EPS ABE THOSE «ITH ORIGI NAL MATURITY GBEATEB THAN ONE DAY, EXCLUDING CONTINUING CONTRACTS AND RETAIL BPS.
TEBH EUBODOLLAfiS ABE THOSE HITH ORIGINAL HAT0BITY GBEATEB THAN ONE DAY EXCLUDING THOSE HELD BY DEPOSITORY INSTITUTIONS AND
HONEY MABKET MUTUAL FUNDS.
INCLUDES O.S. TREASURY BILLS AND COUPONS HITH BEHAINING HATUBITY OF LESS THAN 18 MONTHS HELD BY OTHER THAN DEPOSITORY INSTITUTIONS, F.B. BANKS, AND MONEY MARKET MUTUAL FUNDS.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F.B. BANKS, FOBBIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOflE LOAN BANK
SYSTEM, AND MONEY MABKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY HONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 4

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

9.9
9.7
9.4

2.5
2.3
3.3

3.3
3.3
3.8

5.7
5.8
9.0

11.6
11.4
16.1

0.9
1.0
1.1

15.2
15.6
16.0

24.5
25. 1
25.8

U- 1

2.2
1.9
2.1

9.2
9.2
9.0

2.5
2.6
2.9

3.2
3.1
3.2

13.8

19.5
10.9
14.0

.1
1.1
.1

16.6
17.2
17.9

26.6
27.1
27.7

it . 4
l* . 5

1.6

47.6
48.8
50.1

2.1
2.0
1.9

8.7
8.3
8.1

2.8
2.8
2.7

3.3
3.2
3.3

13.5

19.6
13.4
16.5

1.0
0.9
1.0

19.3
20.7
22.8

28.8
29.7
31.3

1.7
1.8
1.9

52.8
55.2
59.0

7.9
7.7
7.7

3.9
2.5
3.4

3.8
3.6
3.4

10.3
10.0
9.8

18.0
16.0
16.6

1.1
0.9
0.8

26.2
27.3
27.9

33.6
34.9
35.6

5.2e

65. 1
67.4
68. 7e

28.4

36.4

5.3e

70. 1e

9.6
8.6
8.4

2.5
2.3
2.0

OCT.
NOV.
DEC.

8.*
8.4
8.6

1983-JAN.
FEB.
BAB.

7.8
7.9

8. 1

note balances total demand time and savings
at commercial deposits and
deposits at
banks and thrift
note and
commercial
FR balances
banks
institutions

balances at
Federal
Reserve
Banks

foreign
official
institutions

1982-JOLI
AUG.
SEPT,

IRA and Keogh Accounts

U.S. government deposits
demand
deposits at
commercial
banks

foreign
commercial
banks

Date

Time and
savings
deposits
due to foreion
commerical
banks and
foreign official
institutions

5.3
7.9
7.4

10.4

APH-

7.9

HAT

8. 1

JOVE

8.2

2.0
2.0
2.0

JULY p

8.3

2.0

7.6

2.8

4.2

19.1

26.0

0.8

8.8
8.5
8.1
8.0

2.0
2.1
2.1
U9

7.6
7.6
7.6
7.6

3.1
2.4
3.4
2.2

4.5
4.5
3.3
4.5

19.0
19.2
19.2
19.3

26.5
26.1
25.9
26.1

0.8
0.8
0.8
0.8

8.2
8.3

2.2
2.0

7.5
7.5

3.1
2.2

4.0
3.8

18.2
12.7

25.3
18.7

0.8
0.8

WEEK ENDING:

1983
JOLT

6
13
20
27

A06. 3 p
* 10 p

E=ESTIHATED




commerical
banks

thrift
institutions

money
market
mutual funds

I».2
l».3

5.2
5-2

total

43. 8
44. 9
46.2

SPECIAL SUPPLEMENTARY TABLE
Monthly Survey o f S e l e c t e d D e p o s i t s and Other Accounts
At A l l Insured Commercial Banks and A l l Mutual Savings Banks
June 2 9 , 1 9 8 3 , and J u l y 2 7 , 1983

(not seasonally adjusted) 1
I

Liability Categories

Amount Outstanding ($ Mil. )
July 27
June 29
24,244
23,358
(395)
(396)

"Super NOW" accounts
(standard error of the estimate) 2
Money market deposit accounts 3

215,300

tired Commercial Banks
Average Rate Paid
July 27
June 29
7.38
7.30

Number of Issuing Banks
July 27
June 29
11,771
11,839

8.27

8.42

12,610

12,632

7- to 31-day money market c e r t i f i c a t e s 4
(standard error of the estimate)

5,059
(557)

5,161
(534)

8.43

8.63

7,333

7,018

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

5,767
(230)

6,609
(276)

8.99

9.12

12,855

12,685

182,453
(2,006)

9.34

9.56

14,076

14,020

(1,977)
90,522
(1,783)

90,255
(1,762)

9.82

10.34

12,799

12,792

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

178,480

1-1/2 year and over variable ceiling
certificates7
(standard error of the estimate)

217,260

2-1/2 year ceiling-free time deposits 8

10,426

11,729

10.07

10.58

N.A.

N.A.

All IRA/Keogh Plan deposits 9

28,062

28,577

9.90

10.44

N.A. .

N.A.

7.99

8.28

Retail repurchase agreements10
(standard error of the estimate)

2,024
(340)

Liability Categories

2,067
(476)

Amount Outstanding ($ Mil. )
July 27
June 29

"Super NOW" accounts
(standard error of the estimate) 2

773
(9)

Money market deposit accounts 3

36,672
4

761
(10)
39,539

Mutual Savings Banks
Average Rate Paid .
July 27
June 29

4,239

4,201

Number of Issuing Banks
June 29
July 27

7.32

7.38

252

245

8.60

8.72

378

371

277
(119)

299
(119)

8.52

8.69

145

141

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

340
(18)

370
(22)

9.05

9.12

347

340

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

32,103
(638)

31,477
(685)

9.36

9.56

402

395

1-1/2 year and over variable ceiling
certificates 7
(standard error of the estimate)

23,518
(591)

23,103
(589)

10.17

10.75

392

385

2,503

2,792

10.40

10.71

N.A.

N.A.

7,378

7,250

10.09

10.64

N.A.

N.A.

9.13

9.32

162

154

7- to 31-day money market c e r t i f i c a t e s
(standard error of the estimate)

2-1/2 year ceiling-free time deposits 8
All IRA and Keogh Plan deposits

9

Retail repurchase agreements10
(standard error of the estimate)

541
(189)

715
(292)

N.A - Data not available.
1 . Estimates are based on data collected by the Federal Reserve from a stratified random sample of about 550
banks and 90 mutual savings banks.
2. "Super NOW" accounts are NOW accounts containing an agreement between depositor and depository such that,
provide certain conditions—including a $2,500 minimum balance—are met, some or a l l funds deposited are
eligible to earn more than 5.25 percent.
3. Money market deposit accounts (MMDAs)—Deposits with a $2,500 i n i t i a l and average balance requirement, no
required minimum maturity but institutions must reserve the right to require at least seven day's notice prior
to withdrawal, no restrictions on depositor e l i g i b i l i t y , or limitations on the amount of interest that may be
paid unless the average balance f a l l s 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 draft and may permit
unlimited withdrawals by mall, messenger, or In person. Estimates for this category of deposits are based on
data collected by the Federal Reserve from weekly deposit reports submitted by about 10,500 commercial banks
and 400 mutual savings banks.
4. 7- to 31-day money market certificates are nonnegotlable time deposits that require a minimum daily balance of
$2,500, but l e s s 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 i s tied to the discount yield (auction average)
on the most recently issued 91-day Treasury b i l l .
5. 91-day money market certificates are negotiable or nonnegotiable time deposits issued in denominations of at
least $2,500, but l e s s than $100,000, with original maturities of exactly 91 days for which the maximum permissible rate of interest on new deposits i s tied to the discount yield on the most recently issued 91-day (13-week)
Treasury b i l l (auction average).
6. 6-month money market certificates (MMCs) are nonnegotlable time deposits in denominations of $2,500, but l e s s
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 b i l l (auction average).
7. This category includes a l l 4-year and over variable celling accounts having no legal minimum denomination
Issued between July 1 and December 31, 1979, a l l 2-1/2 year and over variable ceiling accounts issued between
January 1, 1980, and March 31, 1983, and a l l 1-1/2 year variable ceiling accounts authorized beginning April 1,
1983.
8. Ceiling-free time deposits are a l l negotiable or nonnegotiable time deposits in denominations of l e s s than
$100,000 with original maturities of 3-1/2 years or more that were offered between May 1, 1982, and March 31,
1983, and a l l 2-1/2 year ceiling-free time deposits authorized beginning April 1, 1983. Excludes IRA/Keogh
accounts.
9. All IRA/Keogh Plan time deposits regardless of s i z e , type of instrument in which held, or interest rate paid.
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.
NOTE: See table 1.16 in the Federal Reserve Bulletin for regulatory ceiling rates on specific account categories.