Full text of H.6 Money Stock Measures : April 19, 1984

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL RESERVE statistical release
H.6 (508)
Table 1

For Release at 4 3 0 Eastern Time

APfcll

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

1 9 , 1964

Billions of dollars
M1
M2
M1 plus overnight RPe
Sum of currency.
and Eurodollars.
MMMF balances (gen. pur
travelers checks.
and broker/dealer), MMDAs.
demand deposits and
nihmr rh*rkahta rlMVimitu1
and savings and small
time deposits'

Date

M3
M2plus
large time deposits.
term RPs, term Eurodollars
and institution-only

L

Debt

M3 plus other
Uquid assets4

Debt of domestic
nonfinanctal sectors*

seasonally equated
1983--MAS.
AFfi.
HAY
JUNE
JULY
A'JG
SEPT.
OCT.
NCV.
DEC.

496.4
497.9
506.6
510.9
514.9
517.4
518.9
521.6
523.C
525.3

2067.4
2081.8
2102.2
2117.0
2126.6
2135.3
2147.9
2167.2
2182.1
2196.1

2532.3
2550.6
2571.0
2593.0
2604.0
2617.2
2636.4
2657.0
2688.8
2706.8

1984--JAK.
FEE.
HA&. P

530.0
532.9
535.3

2206.2
2221.8
2228.4

2720.5
2743.1
2761.7

2951.7
2980.0
3003.3
3033.1
3059.7
3075.1
3097.7
3114.4
3147.3
3174.6

4812.5
4849.9
4895.H
4958. 1
5002.2
5041.1
5083.7
5125. 1
5166. 1
52 19.0
5271.7
5324.P

Not seasonally adjusted

AFfi.
HAY.
JUNE
JJLY
AUG.
SEPT.
OCT.
NCV.
DEC.
1984—JAN.
FEE.
MAR. P

489.2
505.2
500.7
509.8
516.6
513.5
516.3
522.3
526.7
537. e

2066.6
2092.4
2096.7
2118.1
2131*9
2133.3
2142.2
2167.1
2181.2
2196.0

2532.2
2558.4
2565.9
2591.2
2604.0
2615.6
2631.0
2655.7
2689.9
2712.8

534.8
521.9
528.3

2210.0
2211.6
2229.3

2726.4
2735.8
2762.9

2956.7
2991.2
2999.3
3028.6
3052.5
3070.6
3085.5
3110.3
3148.6
3182.4

4797.3
4826.9
4871.2
4933.2
4975.6
5019.3
5071.6
5111.5
5153.8
5219.0

5259.7
5304.2

M1
13-week average

Seasonally adjusted
4-week average

529.8
530.6
531.5
532.5

533.3
534.1
534.4
535.6

532.2
536.0
536.0
538.2

531.4
531.0
530.3
529.4

522.4
524.2
526.2
527.7

529.3
530.9
529. 1
521.6

533.0
533.5

535.9
536.0

533.4
536.4

528.3
527.7

528.4
533.0

532.0
549. 1

For period ended

1984-ftAB.

5

12
19
26
APB.

NOTE:

2 P
9 P

week average

13-week awsrags

Not seasonally adjusted
4-week avarage

week average

SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING IEEK-TO-WEEI CHARGES II HONEY SUPPLY DATA, IRICH ARE
HIGHLY fOLATILE AND SUBJECT TO BETISION.
P — I N D I C A T E S PREL1HINARY DATA.
FOOTNOTES APPEAR ON THE POLLOHING PAGE




H 6 (508)
Table 2

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

M1

M2

M3

Debt1

3 M O N T H S FROM DEC. 1983 T O MAR. 1384

7.6

5.9

8.1

12.3

6 M O N T H S PROB S E P T . 1 9 8 3 T O MAR. 1984

6.3

7.5

9.5

11,3

7.8

7.8

9.1

11.7

12 M O N T H S PROH MAR. 1983 TO MAR. 1984 .

T H I R T E E N WEEKS ENDING APR. 9, 1984
PROH T H I R T E E N REEKS E N D I N G :

1/

1/

2/

3/

4/
5/




JAN.

9, 1 9 8 4 (13 R E E K S PREflOUS)

7.2

OCT.

1 0 * 1 9 8 3 (26 R E E K S PREVIOUS)

6.0

APR.

1 1 , 1983 (52 H E E K S PREVIOOS)

8.3

GROtfTH R A T E S FOR DEBT A R E BASED ON PERIODS BEGINNING AND ENDING O N E MONTH EARLIER THAN F O R T H E H O N E T A R Y A G G R E G A T E S ,
NAMELY, N O Y E H B E R TO FEBRUARY 1984, AOGOST T O F E B R D A R Y 1984, AND F E B R O A R Y 1983 T O F E B R O A R Y 1984 R E S P B C T I f E L Y . T H E S E
G R O U T H R A T E S R B F L E C T A D J O S T H E N T S FOR D I S C O N T I N U I T I E S OVER T I B E IV T H E L E V E L S O F D E B T P R E S E N T E D I I OTHER T A B L E S .
FOOTNOTES TO TABLE 1
CONSISTS OF (1) CURRENCY OUTSIDE THE TREASURY, FEDERAL RESERVE BANKS, AND THE VAULTS OF COHBERCIAL BANKS;
(2) TRAVELERS CHECKS OF NONBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COMMERCIAL BAIKS OTHER THAI THOSE DUE TO
DOMESTIC BANKS, THE U.S. GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEBS II THE PROCESS
OF COLLECTION AND FEDERAL RESERVE FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE ORDER
OF WITHDRAWAL (NOW) AND AUTCHATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITORY INSTITUTIONS,
CREDIT UNION SHARE DRAFT ACCOUNTS AND DEMAND DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AND DEMAND
DEPOSIT COMPONENTS EXCLDOE THE ESTIHATBD AMOUNT OF VAULT CASH AND DEHAID DEPOSITS, RESPECTIVELY, HELD BY
THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF H1 PLUS OVERNIGHT (AND CONTINUING CONTRACT) RPS ISSUED BY ALL COMMERCIAL BANKS AND OVERNIGHT EURODOLLARS
ISSUED TO U.S. RESIDENTS BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE, HMDAS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL RPS—IN AMOUNTS OF LESS TF.AN $100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BROKER/DEALER HONEY MARKET MUTUAL FUNDS. EXCLUDES IRA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. COMMERCIAL
BANKS, MONEY MARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AND COMMERCIAL BANKS, AND
THE U.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS.
CONSISTS OP H2 PLUS LARGE DENOMINATION TIME DEPOSITS AND TERM RP LIABILITIES
(IN AMOUNTS OF $100,000 OR MORE) ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOREIGN BRANCHES OF U.S. BANKS
WORLDWIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT
INSTITUTION-ONLY MONEY MARKET MUTUAL PUNDS, EXCLUDES AMOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. GOVERNMENT, MONEY
MARKET FUNDS, AND FOREIGN BANKS AND OFEICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS
THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY HONEY MUTUAL FUNDS.
CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SBORT-TERM TREASURY SBCURITIES, COMMERCIAL
PAPER AND BANKERS ACCEPTANCES, NET CF MONEY MARKET MUTUAL PUND HOLDINGS CF THESE ASSETS.
DEBT OF DOMESTIC NONFINANCIAL SECTORS CONSISTS OP OUTSTANDING CREDIT MARKET DEBT JOF THE UNITED STtTES GOVERNMENT,
STATE AND LOCAL GOVEBNIIENTS AND PRIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS OF CORPORATE BONDS, MORTGAGES,
CONSUMER CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND OTHER DEBT
INSTRUMENTS. THE SOURCE OP DATA ON DOMESTIC NONFINANCIAL DEBT IS THE FEDERAL RESERVE BOARD'S FLO« OP FUNDS ACCOUNTS.
DEBT DATA ABE ON AN END CP MONTH BASIS.

M.6 (909)
Table 3

COMPONENTS OF THE MONEY STOCK
Billions of dollars, seasonally adjusted

Date

Currency*

Travelers
checks2

Demand
deposits9

Other
checkable
deposits4

Nontransactions
components
in M3
lnM2»
only1

Savings deposits7
at
at
total
commercial
thrift
banks
institutions

Selected nontransactions items
Small time deposits*
at
at
total
commercial
thrift
banks
institutions

Larc e time deposits'
at
at
total
thrift
commercial
10
institutions
banks
229.2
66.2
295.4

1983-HAB.

138.1

4.5

238.8

115.0

1571.0

464.9

141.6

180.6

322.2

327.1

406. 1

733.2

APB.
HAT
JUKE

139.1
100.5
mi. 6

1.6
1.6
1.6

239.5
241.5
243.0

114.7
120.0
121.7

1583.9
1595.6
1606.1

468.8
468.8
476.0

140.6
140.4
140.0

181.3
182.6
182.8

321.9
323.1
322.8

323,2
321.2
322.3

404.2
401.4
402.5

727.4
722.6
724.8

228.4
224.5
226.9

69.9
73.5
76.0

298.3
298.0
303.0

JULY
AUG.
SEPT.

1*2.4
143.5
1114.8

1.6
1.7
1.7

244.5
243.7
243.0

123.4
125.6
126.4

1611.6
1617.9
1629.0

477.5
482.0
488.6

138.8
138.0
137.4

181.9
181.3
180.5

320.7
319.3
317.9

328.0
333.4
338.2

409.0
415.6
420.7

737.0
749.0
759.0

224.1
224.0
223.8

80.1
84.5
89.4

304.2
308.6
313.2

OCT.
10?.
DEC*

146.0
147.2
148.0

i1.8
41.9
i1.9

243.6
242.8
243.7

127.2
128.2
128.8

1645.6
1659.2
1670.8

489.8
506.7
510.6

137.0
136.1
134.6

180.2
179.2
178.2

317.1
315.4
312.9

344.8
350.0
353.1

428.2
435.5
440.0

773.0
785.5
793.1

221.7
224.2
225.5

93.9
96.6
100.3

315.6
320.8
325.8

149.9

4.9
5.0
5.0

244.5
243.8
244.2

130.7
133.8
135.3

1676.2
1688.9
1693.0

514.4
521.4
533.3

132.1
130.1
128.9

177.7
176.4
176.5

309.8
306.5
305.4

352.9
352.8
353.5

444.1
448.1
449.7

797.0
800.9
803.2

226.6
227.7
232.1

106.1
111.7
115.1

332.7
339.4
347.1

1984-JAB.
FEB.
MAI. P

150.2
150.8

•ECU ENDING
1984-HAB. 5
12
19
26

150.1
150.6
151.0
151.1

243.9
244.5
244.3
244.7

133.2
135.9
135.7
137.4

129.2
129.0
128-9
128.8

352.5
353.0
353.6
354.1

230.1
231.8
231.9
233.2

150.7
151.2

243.9
244.7

133.7
135.5

128.8
129.0

355.0
355.4

233.6
234.5

APB. 2P
9P

V

C0BBBBCI OUTSIDE THE U.S. TBBASOBY, PBDEBAL BESEBVS BANKS AUD VAULTS OF CORHEBCIAL BANKS. EXCLUDES THE ESTIHATED
AMOUNT OP VAULT CASB HELD BT THRIFT liSTITOTIOPS TO SERVICE THEIR OCD LIABILITIES.
2/ OUTSTANDING A BOO IT OF O.S. DOLL AS-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSOEBS. TRAVELERS CHECKS ISSUED BT DEPOSITORY
INSTITUTIONS ABE INCLUDED IN DSHAHD DEPOSITS.
3/ DEBAMD DEPOSITS AT COMMERCIAL BANKS AMD FOBEIGR BELATED INSTITUTIONS OTBEB THAN THOSE DOE TO DOHESTIC BANKS, THE O.S. GOVERNMENT AND POBEIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND FEDERAL BESEBVE FLOAT.
EXCLODES THE ESTIHATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BT THRIFT INSTITUTIONS TO SERVICE THEIR OCD
LIABILITIES.
4/ CONSISTS OF NOB AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS, CREDIT ONION SHARE DRAFT BALANCES AND
DEMAND DBPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS THE DIFFERENCE BETWEEN THE
SEASONALLY ADJUSTED SUM OF DEMAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEMAND DEPOSITS. INCLUDED ARE ALL CEILING
FHEB "SUPER NO«S," AUTHORIZED BY THE DEPOSITORY INSTITUTIONS DEREGULATION COMMITTEE TO BE OFFERED BEGINNING JANUARY 5,
1983.
5/ SOU OF OVERNIGHT RPS AND OVEBNIGHT EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER),
HHOAS, AND SAVINGS AND SHALL TINE DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DBBAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS LIABILITIES.
6/ SUM OF LABGE TIMB DEPOSITS, TERM RPS AND TERM EURODOLLARS OF U.S. RESIDENTS, HONEY MARKET FUND BALANCES (IWSTITUTOINOMLY), LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIHATED AHCUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY
INSTITUTIONSNLY HONEY MARKET FUNDS.
7/ SAVINGS DEPOSITS EICLUDE HHDAS.
8/ SHALL DENOMINATION TIME DEPOSITS—INCLUDING RETAIL RPS-- ARE THOSE ISSUED IN AMOUNTS OT LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KBOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROM SMALL
TIME DEPOSITS.
9/ LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE, EXCLUDING THOSE DOCKED AT
INTERNATIONAL BANKING FACILITIES.
10/ LAfcGE DENOMINATION TIME DEPOSITS AT COMMERCIAL RANKS LESS THOSE HELD BY HONEY BABKFT MUTUAL FUNDS,
DEPCS1TGKY INSTITUTIONS AMD FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




M.6(506)
Table 4

COMPONENTS OF LIQUID ASSETS AND DEBT
Hilton* of dollar*, aeaaonally adjusted
Non-M3 components of L
Data

2/
3/
4/

short-term treasury
securities'

bankers acceptances1

commercial paper4

Debt components4
federal debt
non-fadaraJ oabt

1983-HAfi.

68.6

189.6

41.8

119.2

1039.5

3773.0

API.
HAY
JOiE

69.2
69.5
69.8

196.4
198.5
206.8

41.3
41.0
40.6

122.5
123.4
122.9

1052.1
1074.9
1106.9

3797.8
3820.9
3851.2

JULY
AUG.
SEPT.

70.1
70.3
70.5

219.6
222.9
221.6

41.6
43.6
43.8

124.4
121.0
125.3

1120.1
1136.1
1148.9

3882.2
3905.0
3934.8

OCT.
NO? «
DEC.

70.7
70.8
71.0

218.2
216.6
222.4

42.8
43.0
43.4

125.7
128.2
131.2

1162.9
1169.7
1177.9

3962.3
3996.4
4041.0

1204.8
1221.5

4066.9
4103.3

1984-JAM.
FIB.

1/

savings bonda

CONSISTS OF O.S. TBfcASUBY BILLS AND COUPONS WITH REHAINING MATURITIES OF L1SS THAN 12 BOOTHS HBLD BT OTHBB THAI DEPOSITOBY
INSTITUTIONS, FEDERAL RESERVE BANKS, MONET BABKET MUTUAL FUNDS AND FOBBIGN ENTITIES.
NET OF BANKEBS ACCEPTANCES HBLD BT ACCEPTING BANKS, FEDERAL BESEBVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND HONEY MAfiKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS CCHHEBCIAL PAPEB HBLD BY HONEY MABXET MUTUAL FONOS.
DATA ABB ON AN END OF HONTH BASIS.




H 6 (508)
Table 5

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

Currency1

Travelers
checks2

Demand
deposits3

at commercial
banks4

at thrift
institutions9

Nontransactions components
total

in M2 6

in M3 only7

Overnight
RPsa

Overnight
Eurodollars*

General
purpose and
broker/dealer
money market
funds

1983-HAR.

136.7

4.3

234.3

86.5

27.3

113.9

1577.4

465.5

40.9

7.8

154.8

APfi.
HAY
JUNE

138.7
140.4
141.9

4.4
4.5
4.9

242.1
237.5
241.8

90.8
88.8
91.0

29.2
29.4
30.3

120.0
118.2
121.2

1587.2
1596.1
1608.3

466.0
469.1
473.1

42.6
46.0
46.7

8.2
9.4
9.4

148.2
141.4
140.2

JULY
AUG.
SEPT.

143.6
143.8
144.3

5.2
5.1
5.0

244.9
241.1
242.0

91.9
92.4
93.4

31.0
31, 1
31.6

122.9
123.5
124.9

1615.2
1619.8
1626.0

472. 1
482.3
488.8

43.5
42.0
42.8

9.6

10.4
10.7

138.7
139.1
137.9

OCT.
NOV.
DEC.

145.7
147.9
150.5

1.8
1.6
(1.6

244.8
245.2
251.6

94.3
95.6
97.7

32.7
33.3
33.5

127.0
128.9
131.2

1644.8
1654.5
1660.1

488.5
508.7
514.9

45.3
44.9
44.8

11.7
10.3
11.3

137.5
138.8
138.2

148.4
148.3
149.8

1.6
1.7

249.4
237.9
239.6

99.2
97.7
99.7

13.3
33.2
34.4

132.5
130.9
134.1

1675.1
1689.8
1701.0

516.4
524.2
533.6

46.4
47.6
46.4

11.4
11.0
10.2

137.9
142.2
144.8

149.1
150.3
150.0
149.3

241.0
241.1
240.4
234.9

99.8
100.2
99.7
98.8

34.6
34.6
34.3
33.8

134.4
134.8
133.9
132.7

46.0
46.3
46.3
45.3

10.5
10.5

143.9
144.6
144.9
145.1

149.6
152.4

242.8
250.5

99.9
104.5

34.9
37.0

134.8
141.5

48.5
45.5

10.5

1984-JAN.
PEE.
DAB. P

1.8

WEEK ENDING:
1984-HAR.

APfi.

1/
2/
3/

5/
6/
7/
8/
9/

5
12
19
26
2 P
9 P

9.4

10.2
9.5

145.4
146.1

CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AMD THE VAULTS OF COHHERCIAL BANKS. EXCLUDES THE ESTIRATED
AHOUVT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEI* OCD LIABILITIES.
OUTSTANDING AHOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS CF NONBANK ISSUERS. TRAVELERS CHECKS ISSUED BY DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
DEflAND DEPOSITS AT COHHERCIAL BANKS OTHER THAN THOSE DUE TO DOHESTIC BANKS, THE U.S. GOVERNHENT AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEHS IN THE PROCESS OF COLLECTION AND F.R. FLOAT, LESS TBE ESTIMATED AHOUNT OF DEMAND
DEPOSITS HELD AT COHHERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF NOi AND ATS BALANCES AT COHHERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT
CORPORATIONS. INCLUDES SUPER NOUS OF $30.3 BILLION IN THE WEEK ENDED HARCH 26, $30.6 BILLION IN THE SEEK ENDED APRIL 2,
AND $31.6 BILLION IN THE BEEK ENDED APRIL 9.
CONSISTS OF NOi AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND HUTUAL SAVINGS BANKS, CREDIT UNION SHARE
DRAFT BALANCES, AND DEHAND DEPOSITS AT THRIFTS. INCLUDES SUPER NOVS OF $11.2 BILLION IN THE WEEK ENDED MARCH 26, $11.5
BILLION IN THE WEEK ENDED APRIL 2, AND $12.0 BILLION IN THE iEEK ENDED APRIL 9.
SOH OF OVERNIGHT RPS AND EURODOLLARS, HONEY HABKPT FUND BALANCES {GENERAL PURPOSE AND BROKER/DEALER),flflDASAND SAVINGS
AND SHALL TIHE DEPOSITS LESS THE ESTIHATED AHOUNT OF DEHAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE
THEIR TIHE AND SAVINGS DEPOSIT LIABILITIES.
SUN OF LARGE TIHE DEPOSITS, TERH RPS AND EURODOLLARS OF U.S. RESIDENTS, HONEY HARKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EORODOLLAPS HFLD BY INSTITUTION-ONLY
HONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVEBNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL EANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY HARKET MUTUAL FUNCS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U.S. PESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY KARKET MUTUAL FUNCS (GENERAL PURPOSE AND BROKER/DEALER).




H.6 (508)
Table 5-contlnued

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

Money market deposit accounts
Date

at

at

commercial
banks

thrift
institutions

total

at

at

commercial
banks

thrift
institutions

Small denomination time deposits'
total

at

at

commercial
banks

thrift
institutions

total

Large denomination time deposits3
at

at

commercial
banks4

thrift
institutions

total

1983-HAB.

186.3

134.7

321.0

142.4

180.6

323.0

329.8

407.6

737.4

230.1

65.6

295.6

APB.
HAY
JUNE

198.4
208.4
216.0

143.0
149.1
152.6

341.4
357.4
368.6

142.4
142.1
141.6

182.3
183.5
184.2

324.7
325.5
325.8

323.9
321.4
322.3

405.8
402.3
402.7

729.7
723.8
725.1

225.9
222.7
224.4

69. 1
73.2
75.3

295.0
295.9
299.8

JULY
AOG.
SEPT.

218.4
218.9
221.1

152.2
149.7
148.4

370.5
368.6
369.5

140.6
138.3
136.4

184.2
181.5
179.8

324.8
319.8
316.2

327.0
332.8
337.3

408.8
414.2
419.0

735.8
747.0
756.3

220.7
223.8
224.2

79.4
84.7
90.5

300. 1
308.5
314.8

OCT.
NO?.
DEC.

223.4
227.1
230.1

147.1
145.8
146.0

370.5
372.9
376.0

135.8
133.7
132.0

180.1
178.3
176.5

316.0
312.0
308.5

343.9
348.9
351.0

427.5
434.2
437.6

771.4
783.1
788.6

222.1
225.5
228.9

95.8
98.3
100.7

317.9
323.7
329.6

234.2
238.3
242.6

146.3
147.9
150.2

380.5
386.2
392.8

131.3
129.9
130.2

176.2
175.2
176-9

307.4
305.1
307.1

353.7
355.3
356.1

445.7
450.0
451.4

799.4
805.4
807.5

228.8
229.1
232.4

105.5
110.9
113.8

334.3
340.0
346.1

1984-JAi.
FEB.
MAR. I
SEEK EUDIHG
1984
flAB.

APS.

1/
•27

3/
4/

5
12
19
26
2 P
9 P

241.0
242.0
242.4
242.9

129.8
130.1
130.2
130.3

355.4
355.8
356.1
356.4

231.0
231.9
231.5
233.5

245.0
246.7

130.9
131.6

356.5
356.3

233.9
233.2

SAYINGS DEPOSITS XCLDDE HI ISALL
S W I L I . u NONINATIO N TIME DEP<3SITS - - I NCLUDING R RTAIL RPS — ABE THOSE ISSUED IN AMOUNTS OF LESS THAU $100,000.
INDIVIDUAL RETIREMENT ACCOUNTS (IBA) AND KEOGH ACCOUNTS AT COMMERCIAL BAURS AND THRIFTS ARE SUBTRACTED FROM SHALL
TIHE DEPOSITS.
LARGE DENOMINATION 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 THOSE HELD BY HONEY MARKET MUTUAL FUNDS, DEPOSITORY
INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H 6 (503)
Table S-continued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billion* of dollwt, not seasonally adjusted
Date

Institutiononly money • t commercial
banks
market funds

Term R f V

at thrift

total

Term
Eurodollars1

Savings
bonds

institutions

Short-term
treasury
securities'

Bankers
acceptances4

Commercial
!**•*•

Federal debt

Non-Federal
debt

1983-MAB.

44.0

29.3

12.2

41.5

88.7

68.7

195.2

41.5

119.1

1047.0

3750.2

APR.
HAT
JUNE

41.3
40.5
39.5

30.4
32.6
31.5

12.5
13.0
13.9

42.9
45.6
45.5

91.4
92.3
91.9

69.0
69.3
69.6

200.3
199.5
204.4

40.7
40.4
40.1

122.8
124.2
123.3

1049.7
1068.2
1093.9

3777.2
3803.0
3839.3

JULY
AUG.
SEPT.

38.6
38.4
38.8

29.6
31.6
31.9

14.8
15.2
16.1

44.3
46.9
48.0

92.1
91.9
90.5

69.9
70.2
70.4

214.1
217.9
216.7

40.9
43.1
43.8

123.7
123.9
123.5

1105.8
1126.3
1141.8

3869.7
3893.0
3929.8

OCT.
NCY.
DEC.

39.8
40.6
40.3

30.6
35.3
36.4

16.7
18.1
19.6

47.3
53.4
56.0

87.5
93.7
92.4

70.7
71.0
7U3

216.2
215.0
221.8

43.0
43.4
44.8

124.8
129.2
131.6

1153.5
1162.4
1177.9

3958.0
3991.3
4041.0

40.6
41.6
41.8

33.8
35.0
34.7

19.1
18.7
19.1

53.0
53.7
53.8

91.4
92.0
95.4

1201.6
1219.8

4058.1
4084.4

41.6
41.6
41.8
42.1

32.7
35.8
35.5
36.4

42.J
42.0

31.4
30.9

1984-JAN.
FEE.
BAB- P
HE£K ENDINGS
1984-MAB.

APR.

1/
2/
3/
4/
5/

5
12
19
26
2 P
9 P

TEHM EPS ARE THOSE fclTH ORIGINAL MATURITIES GREATER THAN ONE DAY, EXCLUDING CONTINUING CONTRACTS AND RETAIL RPS.
TEErt EURODOLLARS ARE THOSE KITH ORIGINAL MATURITIES GREATER THAN ONE DAT. CONSISTS OP THOSE ISSUED TO U.S. RESIDENTS BY
FOREIGN BRANCHES OF U.S. BANKS HORLDilDE AND BY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THOSF HELD
BY DEPOSITORY INSTITUTIONS AND HONEY MARKET HUTOAL FUNDS.
CONSISTS OF U.S. TREASURY BILLS AND COUEOHS RITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY OTHER THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, HONEY MARKET MUTUAL FUNDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOIN BANK SYSTEM AND MONEY RARKBT MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 6

MEMORANDUM 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

US. government deposits
demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

note balances
at commercial
banks
and thrift
institutions

total demand
deposits and
note and
FR balances

IRA and Keogh Accounts
time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

1983-HAB.

7.9

1.9

8.0

2.7

3.3

10.4

16.5

1.0

22.1

32.0

4.9

59.1

APB.
HAY
JOKE

7.6
7.7
8.1

2.0
1.9
1.9

7.7
7.5
7.4

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
0.9

25.2
26.4
26.9

33.5
34.5
35.2

5.2
5.2
5.1

63.9
66.0
67.2

JULY
AUG.
SEPT.

8.2
7.9
8.1

2.0
2.0
2.0

7.3
7.3
7.3

2.8
2.4
3.2

4.2
3.5
7.4

19.1
14.0
14.8

26.0
19.9
25.3

0.8
0.8
0.8

27.5
28.0
28.5

36.0
36.7
37.6

5.0
5.1
5.0

68.4
69.8
71.1

OCT.
NOV.
DEC.

8.0
8.4
8.2

1.9
2.0
2.0

7.1
7.2
7.1

2.7
2.7
3.0

7.1
2.9
3.6

22.0
4.7
7.8

31.8
10.4
14.4

0.8
0.7
0.7

28.9
29.5
30.1

37.8
38.3
39.5

5.1
5.1
5.0

71.8
72.9
74.6

8.3
8.5

8.1

1.8
1.9
1.9

7.0
6.8
6.9

3.1
3.1
3.0

4.7
4.3
4.0

16.5
19.2
14.5

24.2
26.6
21.5

0.9
0.9
0.9

31.0
32.7
34.7

41.0
42.8
44.9

5.1
5.3e
5.7e

77.2
80. 9e
85.2*

8.4
7.9
8.1
7.7

2.1
1.9
1.8
1.9

6.8
6.9
7.0
6.9

3.1
2.5
4.2
2.6

3.6
2.8
5.3
4.4

17.2
13.4
13.3
16.6

23.9
18.7
22.8
23.6

0.9
0.9
0.9
0.9

8.3
7.7

1.7
1.7

6.9
6.9

2.4
3.1

3.8

3.1

12.1
7.2

18.3
13.4

0.9
0.9

1984-JAtU
FEB.
HA£. P
HEEK EMDIMG:
1984
HAB.

APE.

5
12
19
26
2 P
9 P

e = estimated




SPECIAL SUPPLEMENTARY TABLE
Monthly Survey of Selected Deposits aad Other Accounts
At All Insured Coaaercial Banks and All Mutual Savings Banks1
February 29. 1984 and March 26. 1984
(not seasonally adjusted)

Liability Categories
"Super NOW" accounts2
(standard error of the estimate)
Money market deposit accounts-*
Interest-bearing tiae deposits with
balances of less than $100,000
with original maturities of:*
7 to 31 days
(standard error of the estimate)

Amount Outstanding ($all)
Feb. 29
Mar* 26
30.006
(645)
238.328

30,359
(624)
242,905

nsured Coaaercial Banks
Average Rate Paid (I)
Mar. 26
Feb. 29

Number of Issuing Banks
Mar. 26
Feb. 29

7.30

7.36

12,118

12,106

8.39

8.50

12,825

12,776

4,731
(403)

5,000
(432)

8.58

8.75

7,603

7,773

32 to 91 days
(standard error of the estimate)

15.448
(740)

15,520
(721)

8.70

8.98

13,215

13,201

92 to 182 days
(standard error of the estlaate)

169,668
(2.666)

167,794
(2.789)

9.50

9.87

13,925

13,903

183 days to 1 year
(standard error of the estimate)

31.657
(1.992)

35.060
(2,113)

9.62

9.94

11,806

11,929

over 1 year to 2-1/2 years
(standard error of the estimate)

50,124
(1.610)

52,659
(1.621)

10.13

10.41

13,104

13,192

2-1/2 years and over
(standard error of the estlaate)

112,564
(2.419)

110.534
(2,415)

10.55

10.80

12,686

12,532

All IRA/Keogh Plan deposits5
(standard error of the estimate)

33.284
(173)

35,078
(204)

(N.A.)

(N.A.)

13,266

13,252

Retail repurchase agreements**
(standard error of the estimate)

1,107
(188)

1,130
(208)

8.06

8.27

2,998

2,851

Liability Categories

State-( bartered Mutual Savings BatikV
Number of Issuing Banks
Average Rate Paid (X)
Amount Outstanding ($all)
Feb. 29
Mar. 26
Feb. 29
Mar. 26
Feb. 29
Mar. 26

"Super NOW" accounts2
(standard error of the estimate)

803
(16)

828
(17)

7.61

7.60

232

232

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

25,637
(41)

26,075
(41)

8.68

8.82

349

349

Interest-bearing time deposits with
balances of less than $100,000
with original maturities of:4
7 to 31 days
(standard error of the estlaate)

191
(50)

209
(49)

8.39

8.58

117

118

32 to 91 days
(standard error of the estiaate)

811
(91)

827
(89)

8.67

8.82

264

262

92 to 182 days
(standard error of the estiaate)

26,578
(805)

26,124
(873)

9.74

9.97

372

372

183 days to 1 year
(standard error of the estlaate)

5.441
(545)

6,206
(582)

10.11

10.29

295

303

over 1 year to 2-1/2 years
(standard error of the estlaate)

9,372
(815)

9,273
(768)

10.61

10.71

353

345

2-1/2 years and over
(standard error of the estiaate)

22,981
(833)

22,678
(795)

11.05

11.16

323

323

All IRA and Keogh Plan deposits5
(standard error of the estlaate)

7,124
(198)

7,411

(N.A.)

(N.A.)

364

364

Retail repurchase agreements6
(standard error of the estlaate)

121
(55)

8.84

8.89

62

69

119
(52)

N.A. - Data not available.

1. Estimates are based on data collected by the Federal Reserve from a stratified randoa sample of about 550 banks
and 75 mutual savings banks. Until the end of September 1983 data were collected concerning specific indexedceiling and ceiling-free deposit accounts. Effective October 1, 1983, the DIDC deregulated time deposits, and
this survey now provides Inforaatlon on all saall interest-bearing time deposits by maturity category. The data
presented for the end of October are not directly comparable to specific account data published previously, but
include those balances.
2. "Super NOW" accounts are NOW accounts containing an agreement between depositor and depository such that,
provided certain conditions—Including a $2,500 minimum balance—are aet, some or all funds deposited are eligible
to earn more than 5.25 percent.
3. Money aarket deposit accounts (MKDAs)—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 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 falls below $2,500 during which period the NOW account rate celling 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 mail, aessenger, 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 coaaercial banks.
4. All interest-bearing tlae certificates and open account time deposits with balances of less than $100,000,
Including those held in iRAs and Keogh Plan deposits.
5. All IRA/Keogh Plan tlae deposits regardless of s i s e , type of instrument in which held, or interest rate paid.
6. Retail repurchase agreeaents 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.
7. Over the last several months the number of mutual savings banks has declined sharply largely due to the conversion of MSBs to federal savings banks. As a result month-to-month changes in the amounts outstanding in various
accounts are distorted downward.