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FEDERAL RESERVE statistical release
H.§(S08)
Table 1

1985

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES
Billion* of dollars
M1
Sum of currency,
Date
demand deposits and
other checkable dapoaits1

M2
M3
M1 plua overnight RPs
M2plus
and Eurodollars,
larga tlma dapoaits,
MMMF balancaa (gen. pur. farm RPte twin Eurodollars
levlfl —r^, lef**) CUfOUOIISIv
and broker/dealeri MMDAs.
and inafltution-onlv
and aavinga and small
MMMF balancaa'
tima dapoaits2
Seasonally adjusted

1 9 8 4 — BAB.
1PB.
BAI
JURE
JOLT
AUG.
SEPT.
OCT.
•07.
DEC.

537.3
539.2
542.5
547.3
546.9
548.9
551.5
548.3
553.8
558.5

2229.1
2241.1
2255.2
2269.3
2280.2
2292.8
2308.2
2318.7
2345.7
2371.4

2765.4
2788.0
2815.2
2839.0
2862.1
2879.0
2901.3
2925.3
2960.0
2995.2

1985—JAM.
FEB.
BAB. P

562.7
569.3
571.9

2398.8
2420.9
2429.0

3020.7
3041.3
3054.5

Debt

L

M3 plus other
liQuld assets4

3267.8
3293.3
3328.0
3366.7
3402.7
3429.9
3459.4
3480.5
3508.9
3544.0

n*at of itnjimtLp

UMn o< (wfnvsiic
nonf Inanclai sectors*

5398.4
5458.0
5519.7
5575.5
5635.0
5692.5
5741.0
5796.9
5866.9
5936.6
6000.8
6062.5

Not seasonally adjusted

1 9 8 4 — BAB.
APB.
BAT
JOBB
JOLT
AUG.
SBPT.
OCT.
M07.
DEC

530.4
545.6
537.3
547.9
549.9
545.0
548.5
548.2
555.9
570.4

2228.5
2252.2
2251.3
2272.3
2285.7
2287.6
2298.7
2316.0
2343.8
2376.3

2766.4
2798.9
2812.8
2840.5
2863.7
2875.0
2891.3
2920.9
2960.5
3002.3

1985—JAB.
FEB.
BAB. P

568.2
558.5
564.6

2404.1
2414.4
2429.2

3024.4
3034. 6
3056.2

5374.2
5431.8
5493.5
5552.3
5613.6
5674.1
5728.5
5786.5
5854.6
5930.2

3273.9
3305.1
3321.8
3367.9
3403.4
3423.6
3447.9
3476.2
3509.4
3545.3

5992.3
6038.6

Ml
13-week average

Seasonally adjusted
4-week average

564.0
565.2
566.2
567.1

570.4
571.3
571.5
571.5

572.6
570.6
570.0
572.8

568.0
568.9

572.1
572.8

574.8
573.6

For period ended

1985-BAB.

APB.

MOTE:

4
11
18
25
1 P
8 P

week average

SPECIAL CAUTION SHOULD BE TAKEB III IBTEBPBETIBG
B2GBLI I 0 L A 1 I L E AHD SUBJECT TO B E V I S I O H .
P — INDICATES PBELIBIBABX DATA.
FOOTNOTES APPEAB ON TBE FOLLOWNG PAGE




13-week average

566.3
566.3
566. 1
565. 1
564.2
563. 8

Not seasonally adjusted
4-week average
559.1

560.8
562.3
563.5
564.tt
568.8

week average

563.8
568.0
564.4
557.9
567.3
585.7

WEEK-TO-MEEK CBABGES I B BOBET S0FPLY DATA, HBICB ABE

H.6 (506)
Tabfa2

MONEY STOCK, LIQUID ASSETS AND DEBT MEASURES
Ftorcant change at saaaonally adjuated annual rataa

Ml
3 BONTHS FBOfl DEC.

1984 TO BAR.

1985

9,6

6 BONTHS FBOfl SEPT. 1984 TO BAR.

1985

7.4

1985

6.4

12 BONTHS FfiOA BAR.

1984 TO BAR.

M2
9.7
10.5
9.0

M3
7.9

Debt1

13.3

10.6

13.0

10.5

13.5

THIRTEEN IEEKS ENDING APR.
8 , 1985
FROB THIRTEEN H££KS ENDING:

1/

JAN.

7,

1985 (13 WEEKS PREVIOUS)

10.3

OCT.

8,

1984 (26 WEEKS PREVIOUS)

7.2

APR.

9,

1984 (52 WEEKS PREVIOUS)

6.4

GROWTH RATES FOR DEBT ARE BASED ON PERIODS BEGINNING AND ENDING ONE BONTH EARLIER THAN FOR THE BOBETARY AGGREGATES,
MABELY, NOVEBBER 1984 TO FEBRUARY 1985, AUGUST 1984 TO FEBRUARY 1985, AND FEBRUARY 1984 TO FEBRUARY 1985, RESPECTIVELY.
FOOTNOTES TO TABLE 1

1/ CONSISTS OF (1) CURRENCY OUTSIDE THE TREASURY, FEDERAL RESERVE BANKS, AND THE VAULTS OF COBBERCIAL BANKS;

2/

3/

<*/
5/

(2) TRAVELERS CHECKS OF NONBANK ISSUERS; (3) DEBAND DEPOSITS AT ALL COBBERCIAL BANKS OTHER THAN THOSE DUB TO
DOMESTIC BANKS, THE U.S. GOVERN BENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEBS IN THE PROCESS
OF COLLECTION AND FEDERAL RESERVE FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE ORDER
OF WITHDRAWAL (NOW) AND AUTOBATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITORY INSTITUTIONS,
CBEDIT UNION SHARE DRAFT ACCOUNTS AHD DEHAND DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AND DEBAND
DEPOSIT COBPONEHTS EXCLUDE THE ESTIBATED ABOUNT OF VAULT CASH AND DEBAND DEPOSITS, RESPECTIfELY, HELD BY
THRIFT INSTITUTIONS TO SEBVICE THEIR OCD LIABILITIES.
CONSISTS OF H1 PLUS OVERNIGHT (AND CONTINUING COMTBACT) RPS ISSUED BY ALL COHHERCIAL BANKS AND OVERNIGHT EURODOLLARS
ISSUED TO U.S. RESIDENTS BY FOfiBIGN BPAMCHES OF U.S. BANKS WORLDWIDE, MBDAS, SAVINGS AND SB ALL DBNOBINATION
TIME DEPOSITS (TIHE DEPOSITS—INCLUDING RETAIL fiPS—IN ABOUNTS OF LESS THAN $100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BROKEK/DEALEB HONEY BARKET HUTUAL FUNDS. EXCLUDES IRA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND BONEY HARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. COBBERCIAL
3ANKS, BONEY BARRET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNBENTS AND COBBERCIAJ. BANKS, AND
THE U.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTHENT THAT REPRESENTS THE ESTIHATBD ABOUNT
OF DEBAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIBE AND SAVINGS DEPOSITS.
CONSISTS OF H2 PLUS LARGE DENOHIiATION TIBE DEPOSITS (IN ABOUNTS OF $100,000 OR BORE) AND TERB RP LIABILITIES ISSUED
BY COBBERCIAL BANKS AND THRIFT INSTITUTIONS, TERH EURODOLLARS HELD BY U.S. BESIDENTS 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-EXEBPT
INSTITUTION-ONLY BONEY BARRET BUTUAL FUNDS. EXCLUDES ABOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. GOVEP.NBENT, HONBY
MARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJDSTHEHT THAT REPRESENTS
THE ESTIBATED AMOUNT OF OVERNIGHT EPS AND EURODOLLARS HELD BY INSTITUTION-ONLY MONEY HARKET BUTUAL FUNDS.
CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TREASURY SECURITIES, COBflERCIAL
PAPER AND BANKERS ACCEPTANCES, NET OF BONEY BASKET MUTUAL FUND HOLDINGS CF THESE ASSETS.
DEBT OF DOflESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CREDIT BARKET DEBT OF THE UNITED STATES GOVERBBENT,
STATE AND LOCAL GOVERNBENTS AND PRIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS OF CORPORATE BONDS, BORTGAGES,
CONSUMER CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COHBERCIAL PAPER, BANKERS ACCEPTANCES AND OTHER DEBT
INSTRUMENTS. THE DATA ARE DERIVED FBOB THE FEDERAL RESERVE BOARD'S FLOH CF FUNDS ACCOUNTS. ALL DATA ON DEBT OF DOBESTIC
NONFINANCIAL SECTORS ARE PRESENTED IN BONTH-AVERAGE FORH, DERIVED BY AVERAGING HONTH-END LEVELS OF ADJACENT BONTHS. THE
DATA HAVE ALSO BEEN ADJUSTED TO REHOVE STATISTICAL DISCONTINUITIES THAT BAY ARISE IN THE UNDERLYING FLOW OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFERS, THEREFORE, FROH TBE QUABTERLY FLOW OF FUNDS STATISTICS CONTAINED IN
IN THE FEDERAL RESERVE RELEASES 2.7 AND 2.1. IN THOSE RELEASES, PUBLISHED LEVELS OF CREDIT HARKBT DEBT ARE BEASURED Of A
A QUARTER-END BASIS AND INCLUDE DISCONTINUITIES.




H.6<S08)

COMPONENTS OF THE MONEY STOCK
9

•urn i < * « * i .
Otnar
Oata

Cunancy'

Ttavata r»
chacfci

Damand
dapoaita'

cftacfcabia

Nontfanaactiona
componantt
In MS
only*
mm*

[

Savtnga dapoaita7
at
at
tnrtft
oommafclal
total
banks
institutions
130.1
302. 9
172. 8

ama* Mma dapoaita*
at
tat*
thrift
inttnuttona
3 56.5
445. 7
802. 3

233.9

115.8

349. 7

at

U N pa tfcna dapoiMta*
at

at
tots

oanfcs"

1964-MAR.

151.2

5. 0

245.5

135-6

1691. 8

536. 4

APR.
MAY
JUNE

152.1
152.8
154.3

5. 1
5. 1
5. 1

245.9
246.3

248.9

136.1
138.3
139.0

1701. 8
1712. 8
1722. 0

546. 9
560. 0
569. 6

129.3
128.8
128.7

172. 6
172. 7
172. 1

301. 9
301. 5
300. 8

361.2
366.2
371.0

450. 0
456. 4
463. 0

811. 2
822. 6
834. 0

237.6
245.2
249.4

120.1
124.6
130.1

357. 7
369. a
379. 5

JULY
AUG.
SEPT.

155.0
155.9
156.8

5.2
5.2
5.1

247.3
246.8
247.5

139.4
141.0
142.2

1733. 3
1743. 9
1756. 7

581. 9
586. 2
593. 1

128.1
127.0
126.1

171. 0
169. 5
168. 5

299. 1
296. 5
294. 6

374.7
378.8
381.7

468. 9
476. 2
482. 6

843. 6
855. 0
864. 4

254.6
255.0
258.0

134.6
137.6
138.1

389. 3
392. 6
396. 1

OCT.
NOV.
DEC.

157.1
157.9
158.7

5. 0
5. 1
5. 2

244.5
246.8
248.6

141.8
143.9
146.0

1770. 4
1791. 9
1812. 9

606. 6
124.9
6 1 4 . 3 i 123.6
1
623. 8
122.6

167. 7
166. 9
166. 0

292. 6
290. 7
288. 6

383. 1
384.5
387.0

489. 0
493. 4
498. 0

872.1
877.9
885.0

263.2
263.6
264.4

142.5
147.6
152.4

405. 7
411. 2
416. 6

159.4
160.5
161.2

5.3
5.3
5.3

249. 1
251.7
251.9

148.9
151.7
153.5

1836. 1
1851. 7
1857. 1

621. 8
620.
625. 5

121.6
121.4
120.2

167. 0
168. 2
168. 6

288. 7
289. b
288. 9

384.7
382.0
382.8

496.8
495.1
495.7

861. 5
877. 2
876. 5

262.3
264.4
269.3

155.0
155.4
154.1

417. 3
419. 7
423. 4

161.4
161.1
161.1
161.3

252.7
251.5
250.7
252.3

153*2
152.8
153.0
153.9

121.0
120.5
120.2
120.0

381.6
381.9
382.3
383.4

266.5
267.7
269.5
270.5

161.5
161.7

253.9
251.8

15<*. 1
154.8

119,8
fi9.4

384.7
387. 6

271.5
271. 1

1985-JAN.
FEB.
MAS. P
WEEK ENDING
1985
MAB.

4
11
18
25

APB.

1/
2/
3/

4/

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

1 P
8 P

CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AND VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OP VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DCLLAfi-DENOMINATED TRAVELERS CHECKS OF NONbANK ISSUERS. TRAVELERS CHECKS ISSUED BY DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS AND FOREIGN RELATED INSTITUTIONS 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.
EXCLUDES THE ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD
LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIOiS, CREDIT UNION SHARE DBAFT BALANCES AND
DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS THE DIFFERENCE BETWEEN THE
SEASONALLY ADJUSTED SUN OF DEMAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEMAND DEPOSITS. INCLUDED ARE ALL CEILING
FREE "SUPER NOHS," AUTHORIZED BY THE DEPOSITORY INSTITUTIONS DEBEGULATICM COMMITTEE TO EE OFFERED BEGINNING JANUARY 5,
1983.
SUM OF OVERNIGHT BPS AND OVERNIGHT EURODOLLARS, MONEY BASKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER);
MMDAS, AND SAVINGS AND SMALL TIME DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE Tflfilfi TIME AND SAVINGS DEPOSITS LIABILITIES.
SUM OF LARGE TIME DEPOSITS* TERM RPS AND TEBM EURODOLLARS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSTITUTIONONLY), LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AACUNT OF OVERNICHT RPS AND EURODOLLARS HELD BY
INSTITUTION-ONLY MONEY MAPKET FUNDS.
SAVINGS DEPOSITS EXCLUDE flMDAS.
SHALL DENOMINATION TIME DEPOSITS—INCLUDING RETAIL & P S — k&E THOSE ISSUKD IN AMOUNTS OF LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS AR£ SUBTRACTED FROH SHALL
TIHE DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OH MORE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY MONEY MARKET MUTUAL FUHOS,
DEPOSITORY INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (506)
Table 4

COMPONENTS OF LIQUID ASSETS AND DEBT
Billions of dollars, seasonally adjusted

Date

Non-M3 components of L
short-term treasury
bankers acceptances2
securities1

commercial paper3

Debt components4
federal debt
non-federal debt

1984-FEB.
HAR.

71.8
72.1

233.2
243.4

44.0

138. 1
142.9

1214.5
1224.6

4128.9
4173.7

APR.
HAY
JUNE

72.5
72.7
73.0

242.0
241.5
251.6

44.7
46.5
47.7

146. 1
152.0
155.5

1236.8
1251.9
1261.3

4221.3
4267.8
4314.2

JULY
AUG.
SEPT.

73.1
73.3
73.6

259.9
269.2
280.4

48.2
47.8
46.8

159.4
160.5
157.2

1277.9
1299.0
1311.1

4357. 1
4393.5
4430.0

OCT.
NOV.
DEC.

73.7
73.9
73.9

279.9
275.0
271.8

44.8
42.5
41.3

156.7
157.6
161.8

1325.2
1347.2
1367.1

4471.7
4519.6
4569.6

1385.5
1402.2

4615.3
4660.3

1985-JAN.
FEB. P

1/

savings bonds

CONSISTS OF O . S . TREASURY BILLS AND COUPONS WITH REMAINING HATUfilTIES OF LESS THAN 12 MONTHS HELD BY OTHEfi TRA N DFPnSTTOBV

INSTITUTIONS, FEDERAL RESERVE BANKS, HONEY HARKBT MUTUAL FUNDS AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERTE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOHE LOAN BANK SYSTEfl AND HONEY HARKET MUTUAL FUNDS.
3/ TOTAL COMMERCIAL PAPER LESS COHMEBCIAL PAPER HELD BY HONEY HARKET HUTUAL FUNDS.
4/ -DEBT DATA ARE ON A HONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OF-NONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.
2/




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
'checks*

Demand
deposits3

at commercial . at thrift
banks4
institutions5

Nontransactions components
total

inM2*

in M3 only7

Overnight
RPsf

Overnight
Eurodollars*

General
purpose and
broker/dealer
money market
funds

1984-HAR.

149.9

4.8

240.1

100.3

35.4

135.7

1698. 1

537.9

45.3

11.3

144.8

APR.
HAY
JUNE

151.6
152.9
154.9

4.8
5.0
5.4

248.6
242. 1
247.8

103.4
100.3
101.7

37.3
37. 1
38. 1

140.6
137.4
139.8

1706.6
1714.0
1724.3

546.7
561.4
568,2

45.2
46.2
43.3

11.1
12.1
12.6

145.9
146.5
148.9

JULY
AUG.
SEPT.

156.3
156.5
156.5

5.8
5.7
5.4

248.4
243.8
246.1

101.0
100.7
101.7

38.4
38.2
38.8

139.4
138.9
140.5

1735.8
1742.7
1750.1

578.0
587.3
592.6

42.7
45.0
44.1

13.6
13.4
12.6

150.5
150.6
152.1

OCT.
NOV.
DEC.

156.7
158.7
160.9

5.0
4.8
4.9

245.8
248.9
257.4

101.5
103.1
105.9

39.3
40.4
41.3

140.8
143.4
147.2

1767.8
1787.9
1805.9

604.8
616.6
626.0

44.7
47.9
45.2

12.1
10. 1
12.4

155.6
162.0
167.7

158.3
158.6
159.8

4.9
5.0
5.0

254.9
244.9
246.3

108.3
107.7
109.9

41.8
42.3
43.7

150. 1
150.0
153.5

1835.8
1856.0
1864.6

620.3
620.2
626.9

48.7
56.3
55.7

14.2
13.4
12.0

172.2
175.4
177.9

159.0
160.4
159.8
159.2

246.7
247.8
246.6
241.9

109.6
110.7
109.6
108.7

43.4
44. 1
43.4
43.0

153.0
154.7
152.9
151.7

59.7
57.0
55.3
54.5

12.9
10.2
11.7
12.8

177.0
178.2
177.8
178.4

159.3
162.5

249.1
256.8

109.8
114.7

44. 1
46.6

153.9
161.3

53.4
42.6

13.1
8.8

177.4
178. 1

1985-JAN.
FEB.
BAR. P
HEEK ENDING:
1985-HAR.

APR.

1/
2/
3/
4/
5/
6/
7/
8/
9/

4
11
18
25
1 P
8 P

CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AND THE VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AHOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AHOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF VONBANK ISSUERS. TRAVELERS CHECKS ISSUED BI DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEEOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AMD FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R. FLOAT, LESS THE ESTIMATED AMOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT COMMERCIAL BANKS, U»S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT
CORPORATIONS. INCLUDES SUPER NOiS OF $37.7 BILLION IN THE HEEK ENDED MARCH 25, $38, V BILLION IN THE IEEK ENDED APRIL
1, AND $39.4 BILLION IN THE HEEK ENDED APRIL 8.
CONSISTS OF NOW AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SBA8E
DBAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS. INCLUDES SUPER NOBS OF $15.2 BILLION IN THE WEEK ENDED MARCH 25, $15.5
BILLION IN THE WEEK ENDED APRIL 1, AND $16.2 BILLION IN THE W]JEK ENDED APRIL 8.
SUM OF OVERNIGHT EPS AND EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), MMDAS AMD SAVINGS
AND SMALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BI THRIFT INSTITUTIONS TO SERVICE
THEIR TIME AMD SAVINGS DEPOSIT LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM fiPS AND EURODOLLARS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSTITOTXOM-OMLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AHOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BI INSTITOTIOM-ONLY
MONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
HONEY MARKET MUTUAL FUNDS {GENERAL PURPOSE AND BROKER/DEALER)•
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U.S. RESIDENTS OTHER THAI DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEAXEfi).




H.6 (508)

Table 5-continued

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

Date

Money market deposit accounts
at
at
total
commercial
thrift
banks

institutions

Small denomination time deposits 2

Savings deposits

at

at

commercial
banks

thrift
institutions

total

at

at

commercial
banks

thrift
institutions

total

Large denomination time deposits 3

at

at

commercial
banks4

thrift
institutions

total

243.4

153.4

396*9

130*4

172.6

303*0

357.6

446.3

803.9

234*8

115*2

349.9

APE.
MAY
JUNE

246.3
245.3
245. 9

154.7
154.1
151.9

401.0
399.4
397.8

130.7
130*2
130*0

173.7
173.8
174.4

304*5
304*0
304*4

358.0
362.0
367.1

448*2
450*9
457. 2

806*1
812.9
824.4

235*4
243* 1
248*5

119.3
124*6
129.7

354.7
367.7
376*2

JULY
AUG.
SEFT.

244.9
243.6
244.8

149*3
145.3
143*8

394*2
388.9
388.6

129.3
126.8
125.2

173.3
168*9
167.4

302*6
295.7
292*6

372.7
379.9
384.0

466*6
475.9
483.3

839.3
855.7
867.2

253.5
256*4
259*3

134.6
138*7
138.7

388*0
395. 1
398.0

OCT.
NOV.
DEC.

248.2
257. 1
267. 1

143.9
145.4
147.9

392.0
402.4
415* 1

124.3
122.7
121.4

167.4
166* 1
164.9

291.7
288*8
286*3

386*2
387.1
387*6

492. 6
496. 8
498.8

878.7
683*9
886*4

264*0
263*6
265*9

143.6
148. 1
151.6

407*6
411*7
417.5

280.4
289.3
293.9

153.2
158.9
163*7

433.6
448*2
457*6

121.1
120*4
120*6

165.9
166.7
168.5

287.0
287.1
289.0

386.3
384*1
383.7

501.6
499.1
496.1

887.9
883*2
879.8

263*0
263*9
269*6

154.5
155.3
153.1

417.5
419.2
422.8

1984-MAR.

1985-JAN.
FEB.
HAS. P
WEEK ENDING
1985
HAR.

4
18
25

APB.

1/
2/
3/
4/

1 P
8 P

292.6
293.5
293.9
294.1

120*3
120*6
120.5
120*5

383.4
383*4
383*5
383*9

266.7
268.3
269*2
271*3

295. 1
297.1

120*9
121*6

384*2
383*9

271.8
270.7

SAVINGS DEPOSITS EXCLUDE MMDAS.
SMALL DENOMINATION TIHE DEPOSITS ~ INCLUOIIG RETAIL EPS — ARE THOSE ISSUED IH AHOOUTS OF LESS THIi 1100*000. ILL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BAIKS AND THRIFTS ARE SUBTRACTED FROH SHALL
TIME DEPOSITS.
LARGE DENOMINATION TIHE DEPOSITS ARE THOSE ISSUED IH AMODITS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT IITBR1ATIOIAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TIHE DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY HONEY HARKET MUTUAL FOHDS, DEPOSITORY
AND FOREIGH BANKS AND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 5-continued

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

Date

Institution
only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars2

Savings

bonds

Non M3 Components of L
Short-term
treasury
Bankers
securities*
acceptances

Components of Debt
Commercial
paper*

Non-Federal 9
Federal debt*

oeoi

1984-MAR.

45.0

31.9

21.6

53.5

93.2

72.1

251.2

43.0

141.2

1223.6

4150.6

APR.

32.5
32.0
29.2

24.8
27.5
30.0

57.3
59.5
59.2

93.1
93.6
89.5

72.3
72.6

JUNE

45.0
45.3
45.7

72. e

244.1
238.6
249.1

43.4
45.7
47.2

146.4
152. 1
158.3

1235.9
1248.7
1255.8

4195.9
4244.8
4296.6

JULY
AUG.
SEPT.

46. 1
46.2
46.9

28. 1
30.7
31.3

31.8
33.4
35.4

60.0
64. 1
66.6

88.4
86.7
86.0

73.0
73.3
73.5

258.0
267.9
277.5

47.5
47.7
47.2

161.2
159.8
158.4

1270.8
1295.8
1310.5

4342.8
4378.4
4418.0

OCT.
NCV.

52.2
58.3
62.7

33.1
35.4
32.5

36.1
35.3
37.3

69.3
70.7
69.7

81.0
82.1
83.2

73.8
74.0
74.2

278.2
272.3

45.1
43.3
42.8

158.3
159.4
156.9

1323.0
1343.0
1364.7

4463.5
4511.6
4565.5

65.0
62.2
59.5

29.9
31.2
32.7

35.1
34.4
35.4

65.0
65.6
68.0

80.9
81.4
85.0

1383.1
1397.4

4609.2
4641.1

61.5
59.8
58.4
58.8

32.2
31.6
33.2
32.9

59.9
58.4

33.3
40.1

rtAY

DEC.
1985-JAN.
FEE.
MAR. P

269. 1

HEEK E N D I N G :

1985-MAR.

4
11
18
?5

APR.

J

2/
3/
4/
5/
6/

I t
8 P

RP.q 1 R P T H O S E H I T H ORIG1IHkL MATURITIES GREATER THAN ONE D A T . EXCLUDING CONTINUING CONTRACTS A I D RETAIL 8PS.
INCLUDES
A RELATIVELY SMALL AMOUNT OF OVERNIGHT RPS AT THRIFT INSTITUTIONS.
TERM EURODOLLARS ARE THOSE W T H ORIGINAL MATURITIES GBEATEB THAN ONE DAI. CONSISTS OF THOSE ISSUED TO U.S. RESIDENTS BI
FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE AND BY ALL BANKING OFFICBS IN TBE UNITED KINGDOB AND CANADA. EXCLUDES TBOSE HELD
BY DEPOSITORY INSTITUTIONS AND HONEY MARKET HOTOAL FUNDS.
CONSISTS OF U.S. TREASUBI BILLS AND COUPONS HITH REHAI1IIHG HATUWTIES OF LESS THAI 12 HOJITHS HBLD BI OTHER THAN DEPOSITOBI
INSTITUTIONS, FEDERAL RESERVE BANKS, HONEY HABKET HUT0AL FUNDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BT ACCEPTING BANKS, FEDE1AL BESEHVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOHE LOAN BANK SYSTEM AND HONEY HARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COHHERCIAL PAPEB HELD BY MONET MARKET HUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OF-MONTH LBIELS OF ADJACENT JIONTHS, AND HAVE BEEN
ADJUSTED TO BEHOVE DISCONTINUITIES.
TFRM




H.6 (508)
Table 6

MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted
Demand depositB at banks due to

Date

foreign
commercial
banks

APB.

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

time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

2.0

7.7

3.0

4.0

14.5

21.5

0.9

34.2

47.4

5.7

87.3

APB.
HAY
JOME

8.3
8.7
8.6

1.9
2.1
2.0

8.0

3.8

2.7

12.7
10.0

8.4

3.9

6.7
4.6
3.8

23.2
17.4
16.2

0.9
0.9
0.9

38.1
39.4
40.0

51.1
52.9
53.9

6.2

8.2

6.3
6.2

95.4
98.6
100.0

JOLT
AUG.
SEPT,

8.7
8.4
8.4

2.0
1.9
2.0

8.4
9.0
9.4

2.8
2.9
3.4

4.0
3.6
6.0

9.0
7.5

14.1

15.8
13.9
23.6

0.9
0.9
1.0

40.6
41.3
41.9

54.7
55.1
55.9

6.2
6.2
6.2

101.5
102.7
104.0

OCT.
NOY.
DEC.

8.5
8.8
8.6

1.8
2.1
2.0

9.2
9.4
9.5

2.7
2.8
3.4

4.0
3.2
3.4

8.4
7.5
9.1

15.1
13.6
16.0

1.0
1.1
1.0

42.6
43.2
43.8

56.9
57.7
59.0

6.2

6.5
6.7

105.7
107.3
109.5

8.5
8.3
7.5

1.9
2.1
1.8

9.2
8.9
8.7

3.7
3.2
3.7

4.0
4.3
3.8

14.9
12.7

22.5
20.1
16.6

1.1
1.1
1.0

45.3
47.0
48.8

61.4
63.2
65.7

7.0e
7.4e
7.7«

113.7e
117.6e
122.2e

8.0
7.6
7.2
7.6

1.9
1.8
1.8
1.8

8.9
8.8
8.7
8.7

2.9
3.0
6.3
3.0

3.2
4.2
3.7
4.3

12.1

18.2
12.2
15.5
21.0

•0
1.1
1.0
1.0

7.5
8.4

1.9
1.8

8.7

2.7

3.3

11.0

8.6

3.2

4.4

5.6

17.1
13.2

1.0
1.0

1985-JAN.
FEB.
MAB. P

1985
HAS,

IRAandKeogh Accounts

US. government depi3SitS

6.4

1984-M&B.

WEEK

foreign
official
institutions

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

8.5

9.2

ENDING:

4
11
18
25
1 P
8 P

estimated




5.0

5.5

13.7