Full text of H.6 Money Stock Measures : April 24, 1986

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

FEDERAL RESERVE statistical release
Theae data are scheduled for release each Thursday at 4:30 p.m.

ik.

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES
Wilton* of dollar*
M1
Sum of currency,
travelers checks,
demand deposits and
other checkable deposits1

Date

M2
M3
"~
M1 plus overnight RPs
M2 plus
and Eurodollars,
large time deposits,
MMMF balances (gen. pur. term RPs, term Eurodollars
and broker/dealer), MMDAs,
snd Institution-only
and savings and smalt
MMMF balances'
time deposits1
Seasonally adjusted

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinanclal sectors5

1985—flAB.
API.
HAT
JO HE
JOLI
AOG.
SEPT.
OCT.
HOT.
DEC

572.?
575.7
582.5
590-9
596.2
604.0
611.5
614.2
620.1
626.^

2429.4
2434.4
2451.9
2479.0
2496.1
2515.4
2529.5
2538.3
2550.1
2565.8

3046.6
3052.0
3069.9
3098.0
3113.3
3131.4
3151.5
3166.2
3181.3
3200.9

3611.9
3617.4
3636.4
3665.7
3683.8
3711.7
3740.5
3762.4
3799.3
3837.6

61J1.7
6194.5
6259.0
632J-5
6J*2.5
6461.9
6526.8
6S94. 0
6680.7
6802.1

1 9 8 6 — JAB.
FEB.
BAR.

627.2
631.Q
638.4

2569.0
2576.6
2590.3

3224.7
3240.8
3258.6

3860.6
3879.4

6905.9
6965.0

Not seasonally adjusted

1985—HAIL
APR.
HAT
JUHK
JULY
AUG.
SEPT.
OCT.
MOT.
DSC

565.0
581.7
576.5
592.7
599.6
602.0
609.1
612.2
621.7
640.0

2430.9
2443.1
2444.1
2480.7
2501.0
2510.9
2521.0
2533.7
2549.1
2573.9

3046.9
3058.1
3063.9
3098.0
3110.8
3127.3
3145.0
3163.1
3184.8
3213.6

3616.1
3b26.1
3624.3
3664.9
3683.2
3709.5
3736.1
3760.0
3802.0
3843.9

610J.8
6166.0
6231.6
6299.0
6J69.7
6440.9
6509.4
6578.0
6665.3
6795.0

1986—JAM.
PBB.
SAB.

633.5
619.2
630.3

2577.8
2569.8
2592.3

3232.4
3232.8
3259.0

3865.6
3871.8

689b.J
694 J. J

M1
Not seasonally adjusted

Seasonally adjusted

For period ended

HI*,

1986-HAI.

632.1
633.7
635.7
637.0
639.1

632.0
637.7
638.7
639.5
640.3

631.1

17
24
31

628.4
629.5
630.5
631.4
632.3

630.9
630.5
629.3
628.4

620.0
622.7
625.8
628.2
630.4

621.6
634.5
631.7
624.9
630.3

7P
14 P

633.6
634.7

641.1
641.9

645.9
641.5

628.0
629.1

636. 1

642.3

657.5
657.4

3
10

1986-API.

I0TB2

ran.

SPECIAL CA0TI0I SHOULD 0 8 *A*EM I I ZtfTBBPBSTIIG 8BEC-T0-IIEEI CBAIG4S IH ttOJEI SOP PL I DATA, IJIICH ASS
HIGH1I TOLATILB AID SUBJECT XO BETISlwfl.
P~IBDXCAXBS FBBLiaiftABY DATA.
FOOTBOTES APPEAB OB M E fouoaiBG PACE




H.6 (508)
Tabla 2

MONEY STOCK, LIQUID ASSETS AND DEBT MEASURES
torctnt chang* at aaaaonaily adjusted annual ratat

M1

Dal*1

M2

1985 TO MAR.

1986

7.5

3.8

7.2

17.0

6 HOITUS FfiGM SEPT. 1985 TO NAB.

1986

8.8

4.8

6.9

15.6

1986

11.6

6.6

7.0

14.6

3 MONTHS FHOfl DSC.

12 MONTHS FHOfl BAB.

1985 TO SAB.

THIRTEEN WEEKS ENDING APB. 14, 1986
FBOH THIHTBEN SEEKS EMDIMG;

V

1/

2/

3/

%/
5/

JAN.

13, 1986 (13 MEB*S PBEVIOUS)

7.8

OCT.

14, 1985 (26 MKBKS PREVIOUS)

9.2

APB.

15, 1985 (52 WEEKS PBEVIOUS)

11.3

GHOHTH BATES FOB DEBT ABE BASED 01 PERIODS BEGINNING AMD ENDING OMB MONTH EARLIER THAN FOB THE MOMETABY AGGREGATES,
MAMBLY, NOVEMBER 1985 TO FBBBUABY 1986, AOGOST 1985 TO FBBBUABI 1986, AMD FEBBOABT 1985 TO FEBRUARY 198b, BESPBCTIVELI.
FOOTIOTES TO TABLE 1
CONSISTS OF (1) CDHBEMCI OUTSIDE THE IBEASUBY, FEDEBAL BESSBfE BANKS, AND THE VAULTS OF COMMERCIAL BANKS;
(2) TBAVELSBS CHECKS OF NOMBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COHMEBCIAL BANKS OTttEB THAN THOSE DUE TO
DOHBSTIC BANKS, THE U.S..GOVEBMHEMT, AND FOHBIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PBOCESS
OF COLLECTION AND FEDEBAL BBSEBVE FLOAT; AND (4) OTUEB CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE OBDEB
OF HITHDBAiAL (MOB) AND AUTOMATIC TBANSFER SBBVICB (ATS) ACCOUNTS AT DBPOSITOB7 INSTITUTIONS,
CREDIT UNION SHABB DBAFT ACCOUNTS AND DEMAND DEPOSITS AT TBBIFT INSTITUTIONS. THE CURRENCY AND DEMAND
DBPOSIT COMPONENTS EXCLUDE TBB ESTIMATED AMOUNT OF ?AULT CASH AND DEMAND DEPOSITS, RESPECTIVELY HELD BY
THBIFT INSTITUTIONS TO SEBVICE THEIR OCD LIABILITIES.
CONSISTS OF Ml PLUS OfEBNIGHT (AND CONTINUING CONTRACT) BPS ISSUED 81 ALL COMMEBCIAL BANKS AND OVEBNIGHT EUBODOLLABS
ISSUED TO U.S. RESIDENTS BI FOBEIGN BBANCHES OF U.S. BANKS WORLDWIDE, HMDAS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIMS DEPOSITS—INCLUDING RETAIL BPS-IN AMOUNTS OF LESS THAN $100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GSNEBAL PUBPOSB AND BBOKJSa/DEALEB MONET MABKET MUTUAL FOMDS. EXCLUDES IBA AND KEOGH
BALANCES AT DBPOSITOBI INSTITUTIONS AND MONEY MABKET FUNDS* ALSO EXCLUDES ALL BALANCES HELD BY U.S. COMMERCIAL
BANKS, MONEY MABKET FUNDS (GENEBAL PUBPOSB AND BBOKEfi/DEALfifi), FOBEIGN GOYBBNHEMTS AND COMMEBCIAL 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 THBIFT INSTITUTIONS TO SERVICE THEIB TIHB AND SAVINGS DEPOSITS.
CONSISTS OF H2 PLUS LARGE DENOMINATION TIHB DEPOSITS (IN AMOUNTS OF $100,000 OB HOBE) AMD TEBM BP LIABILITIES ISSUED
BY COMMEBCIAL BANKS AND THBIFT INSTITUTIONS, TEBM EUBODOLLABS HELD dY U.S. BESIDBNTS AT FOBSIGN BRANCHES OF U.S. BANKS
HOBLDHIDB AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT
INSTITUTION-ONLY MONEY MARKET MUTUAL 9UUDS. ZICLQDZS AMOUNTS HELD BY DEPOSITOBY INSTITUTIONS, THE U.S. GOVERNMENT, HONEY
MARKET FUMUS0 AMD FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTBACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS
THE ESTIMATED AMOUNT OF OVEBNIGHT BPS AND EURODOLLARS HELD BY INSTITUTION-ONLY HONEY MABKET MUTUAL WUUDS*
CONSISTS OF M3 PLUS THE MONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHOBT-TEBM TRBASUMI SECURITIES, COMMERCIAL
PAPXB AND BANKEBS ACCEPTANCES, NET OF MONEY MARKET MUTUAL FOMD HOLDINGS OF THESE ASSETS.
DEBT OF DOMESTIC NONFIMANCIAL SECTOBS CONSISTS OF OUTSTANDING CBEDIT MABKET DEBT OF THE UNITED STATES GOVBHNMKNT,
STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTOBS. PBIVATE DEBT CONSISTS OF CORPORATE BQUi>S0 MOBTGAGES,
CONSUMEB CBBDIT (INCLUDING BANK LOANS), OTHEB BANK LOANS, COMMEBCIAL PAPER, BANKERS ACCEPTANCES AND OTHER DEBT
INSTBUMENTS. THE DATA ABB DEBIVED FBOM THE FEDEBAL BESSBVS BOARD'S FLOU OF FUNDS ACCOUNTS. ALL DATA OM DEBT OF DOMESTIC
NONFINANCIAL SECTOBS ABE PfiBSENTED IN MONTH-AVERAGE FORM, DSBIVED BY AVERAGING MONTH-END LM&LS OF ADJACENT MONTHS. THE
DATA HAVE ALSO BEEN ADJUSTED TO BEHOVE STATISTICAL DISCONTINUITIES THAT HAY ABISE IN THE UNDERLYING FLOW OF FUNDS STATISTICS.
THE PBESBNTATION OF DEBT DATA IN THIS BELEASE DIFFEBS, THEREFORE. FBOH THE JJAHTERLI FLOfl OF FUMDS STATISTICS CONTAINED
IN THE FEDERAL RESBBVB RELEASES Z. 7 AND Z. 1. IN THOSE BELEASES, PUBLISHED LEVELS OF CBEDIT MARKET DEBT ABE MEASURED ON
A QUABTEB-END BASIS AND INCLUDE DISCONTINUITIES.




H.6 0O8)

COMPONENTS OF THE MONEY STOCK
•HHons of dollar*, ssssonaNy adju-ad

Oats

GMfisncy

TVSMSlSfS
onscks*

Dsmand

Otter
ohscfcaM*
tfaposlts'

oomponsnts
In MS
on*-

'

Aarlnm ifi.mil>'
at

InM*

1985-MAfi.

161.3

5.4

251.4

154. 1

1857.2

617.2

tanks
121.1

APfi.
MAI
JUNE

161.9
163.2
164.4

5.5
5.5
5.7

251.8
255-4
259.0

156.5
158.4
161.8

1858.7
1869.5
1888.1

617.6
617.9
619.1

JULY
AUG.
SEPT.

165.3
166.9
167.7

5.8
5.9
5.9

260.4
263.1
266.4

164.9
169,0
171.5

1899.b
1910.6
1918.0

OCT.
NOV.
DEC.

168.7
169.8
170.6

5.9
5.9
5.9

266.0
267.8
271.5

173.7
176.7
178.6

1986-JAN.
FBB.
MAR.

171.9
172.9
173.9

5.9
6.0
6.1

268.9
269.1
273.1

180.5
183.1
185.2

Hum
Institutions

1
at
I**

8ivtf *tfc*stfsao<INS"
at
Mwtft
totsl

UN
at

49^.7

88b-0

tanks'*
2b8.2

168.7

289.7

tanks
385.2

120.3
121.2
122.1

168.7
169.6

171.5

289.0
290.8
293.6

387.1
387.7
387.6

500.5
501.8
i>02- b

887. b
889.5
890.3

617.2
616. 1
622.1

122.9
123.7
124.0

173.8
176.0
176.3

296.7
299.7
300.3

386.7
383.4
382.7

501.3
497.5
495.6

888.0

1924.1
1930.6
1939.1

627.8
630.6
635.1

124.4
124.8
124.5

177.9
179.0
179.1

302.3
303.7
303.6

382.0
382.2
384. 1

493.7
493. 7
49b. I

1941.8
1945.5
1951.9

655.7
664.3
668.3

124.7
125.0
125.6

179.3
180.0
181.2

304.0
304.9
306.9

386.5
388.0
388.9

499.4
502.9
S06.2

tUm ^nf
at
tnfMt
Institutions

total

152.7

421.0

272.3
269.3
267.3

153.6
155.7
155.4

425.9
425.0
422-7

8/8.3

264.0
266.9
270.6

154.3
154.1
155.1

418.3
421.0
425.6

87 5-7
876.0
8*0*3

273.9
276.7
279-1

155.9
156. J

157.3

429.7
432.9
436.5

886.0
890.9
895.1

289.7
291.4
287.1

158.2
159.7
163.3

447.8
451.1
450.3

aao.9

MEEK ENDING
1986
NAB.

APR.

1/
2/
3/

4/
5/
6/
7/
8/
9/
10/

10
17
24
31

172.7
173.6
173.8
174.2
174.6

270.6
272.7
273.4
273.7
273.5

182.7
185.4
185.4
185.4
186.0

125.2
125.6
125.8
125.9
125.4

388.0
388.6
388.9
389.2
389.2

268.2
286.8
287.7
287.0
286.7

7 P
14 P

173.9
173.9

276.9
273.0

188.9
168.5

126.0
126.5

389.0
387.8

287.4
288.1

3

CURRENCY O0TSIDE THE 0.S. TREASURY, FEDERAL RESERVE BANKS AND VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSUERS. TRAVELERS CHECKS ISSUED BY DEPOSITORY
INSTITUTIONS ABE 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 T .J CASH ITEMS IN THE PROCESS OF COLLECTION AND FEDERAL RESERVE FLOAT.
EXCLUDES THE ESTIMATED AMOUNT OF DEMAND DEPOSITS i*Si,K? AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD
LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS, CREDIT UNION SHAPE DRAFT BALANCES AND
DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHJ£R CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS THE DIFFERENCE BETWEEN THE
SEASONALLY ADJUSTED SUM OF DEMAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEMAND DEPOSITS.
SUM OF OVERNIGHT RPS AND OVERNIGHT EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER),
HMDAS, AND SAVINGS AND SHALL TIME DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM RPS AND TERM EURODOLLARS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSTITUTIONONLY), LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVEBNIGHT RPS AND EURODOLLARS HELD BY
INSTITUTION-ONLY MONEY MARKET FUNDS.
SAVINGS DEPOSITS EXCLUDE HMDAS.
SHALL DENOMINATION T1H£ DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KBOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS Ah£ SUBTRACTED FROM SMALL
TIME DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARS THOSE ISSUED IN AMOUNTS OF $100,000 OR HOPE, EXCLUDING THOSE BOOKJSD AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY HONEY MARKET MUTUAL *UNDS,
DEPOSITORY INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 4

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

1/
2/
3/
4/

savings bonds

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

commercial paper3

Debt components4
federal debt
non-federal debt

1985-FBB.
11 AH.

74.9
75.3

270.4
274.8

45.0
46.3

164.5
169. 0

1399.5
1409.6

4675.6
4722.2

APS.
HAY
JUNE

75.7
76.1
76.$

276. Q
277.4
2*2.$

45.9
44.5
42.3

167.7
168.6
165.7

1423.6
1442.3
1459.6

4770.9
4816.7
4863.9

JULY
A 06.
SEPT.

76.7
77.2
78. Q

279.9
278.1
281.3

42.2
42.2
42.5

171.6
182.9
187.2

1479.9
1497.0
1506. 8

4912.b
4964.9
5020.Q

OCT.
MOV.
DSC.

78.5
79.0
79.5

281.4
299.5
306.7

43.9
43.1
41.1

192.5
196.4
209.5

1518.0
1548.5
15*6.0

5076.0
5132.1
5216.Q

1986-JAN.
FSB.

79.9
80.5

303. $
307.1

41.5
42.1

210.6
208.9

1606.5
1622.5

5297.3
5342.5

CONSISTS OF U.S. TREASURY BILLS AMP COO POMS WIIH REMAINING MATURITIES OF LESS THAN 12 MOUTHS HKLil BY OTHER THAN DEPOSITOR!
INSTITUTIONS, FEDERAL RESERVE BANKS, HONEY HAKKJST HUT UAL FONDS AND FOB£IGN ENTITIES.
NBT OF BANKERS ACCEPTANCES HELD BT ACCEPTING BANKS, tUD&Bkl SESSSfS BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
UORE LOAN BANK STSTEH AND HONEY HA&KST MUTUAL FUNDS.
TOTAL COaaSSCIAL PAPES LESS COHMEBCIAL PAPER H2LD Bl HONEY HAfiKET MUTOAL FUUDS.
0SBT DATA ABE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING £ND-OF-flONTB LEVELS Of ADJACENT HONTBS, AND HAVE BEEN
ADJUSTED TO BEHOVE DISCONTINUITIES.




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
deposits 3

at commercial
banks4

at thrift

Nontransactions components
total

in M2*

in M3 only 7

Overnight
RPs0

Overnight
Eurodollars9

institutions5

General
purpose and
broker/dealer
money market
funds

159.8

5.1

245.9

109.9

44.4

154.2

1865.9

616.0

50.9

12.4

177.6

APR.
BAY
JO HE

161.1
163.1
165.1

5.2
5.4
5.9

254.6
251.0
259.4

114.1
110.5
113.$

46.7
46.5
48.4

160.9
157.0
162.2

1861.3
1867.6
1888.0

615.0
619.9
617.3

45.0
48.5
48.1

12.0
12.8
12.7

176.2
172.2
175.4

JOLT
AUG.
SEPT.

166.8
167.7
167.6

6.5

6.6
6.2

261.8
260.4
265.0

115.0
117.9
119.0

49.5

164.5
167.3
170.3

1901.4
1908.9
1911.9

609.8
616.4
624.0

48.3
49.4
50.2

12.4
14.2
13.9

175.8
176.8
176.7

OCT.
HO?.
DSC

170.7
173.1

5.9
5.6
5.5

265.6
269.0
281.3

119.8
122.6
125.8

52.5
53.8
54.4

172.3
176.4
180.1

1921.5
1927.4
1933.9

629.5
635.7
639.7

50.4
51.9
52.5

14.2
13.9
16.9

177.0
176.8
176.5

1 9 8 6 - JAN.
PEB.
BAB.

170.$
170.6
172.3

5.5

275.1
262.0
267.1

128.1
126.8
129.3

54.3
54.2
56.0

182.4
181.0
185.3

1944.2
1950.6
1961.9

654.6
662.9
666.6

49.2
51.5
49.8

18.7
16.2
15.8

177.7
180.9
185.8

198 5-HAH-

WEEK

API.

2/
3/
4/
5/
6/

7/

8/
9/

5.6
5.3

SIDING:

1986-BAR.

1/

168.4

50.3
51.3

3
10
17
24
31

170.2
172.8
172.4
172.0
172.2

263.6
268.6
268.1
263.3
267.5

127.4
130.7
129.3
128.5
128.7

54.7
56.7
56.1
55.3
56.0

182.1
187.4
185.5
183.8
184.7

54.5
51.4
51.3
49.3
45.3

15.8
15.5
17.0
16.1
14.5

182.1
183.9
185.4
186.9
188.7

7 P
14 P

174.5
174.2

281.6
280.3

135.0
136.2

60.^
60.8

195.5
197.0

49.5
48.3

14.4
15.5

189.9
192.5

*
COSRENCI OUTSIDE THE 0.$. TREASURY, FEDERAL IBSEttlE BANKS AID TBS IA0LTS OF COBBBRCIAL BANKS. EXCLUDES THE ESTIMATED
ABOONT OF VAULT CASH USLD BY THIIPT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AflOONT OF U.S. DOLLAR-DEMOMIMATED TRAVELERS CHECKS OF NONBANK ISSUERS. TRAVELERS CHECKS ISSUED BI DSPOSITOET
INSTITUTIONS ARE IMCLODED IN DEWAND DEPOSITS.
DSBAND DEPOSITS AT COBBBBCIAL BANKS OTHER THAN THOSE DOE TO DOflBSTIC BANKS, THE U.S. GOVSRNBENT AND FOBSIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEBS IN THB PBOCESS OF COLLECTION AND F.R. FLOAT, LESS THE ESTIBATSD ABOUNT OF DSBAND
DSPOSITS HELD AT COflBKRCIAL BANKS BI THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF NOi AND ATS BALANCES AT COBflERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FORSXGN BANKS, AND EDGE ACT
CORPORiTIONS.
CONSISTS OF NON AND ATS BALANCES AT SAVIRGS AND LOAN ASSOCIATIONS AND BUTUAL SAVINGS BANKS, CRSDXT UNION SHARE
DRAFT BALANCES* AND DEBAMD DEPOSITS AT THRIFTS.
SOB OF OfBRNIGBT RPS AND EURODOLLARS, HOHEI MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), BHDkS AND SAYINGS
AND SBALL TIBE DEPOSITS LRSS THB SSTIBATED ABOUNT OF DEBAID DEPOSITS AND fAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE
THEIR TIflE AND SAVINGS DEPOSIT LIABILITIES.
SOB OF LARGE TIBB DEPOSITS, TERfl RPS AND EURODOLLARS OF U.S. RESIDENTS. HONE! BARKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTBENT THAT REPRESENTS THE ESTIMATED AHOUNT OF OVERNIGHT RPS AND EURODOLLARS HiiLD BY INSTITUTION-ONLY
HOME! BARKST MUTOAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BI COBBBRCIAL BANKS TO OTHER THAN DEPOSITOR* INSTITUTIONS AMD
HOMEY BARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U^S. RESIDENTS OTHER THAN DEPOSITOR! IUSTIT0TIOHS AND
BONEY BARKET HOTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).




H.6 (508)
Table 5-continued

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

Date

Money narket deposit accounts
at
at
total
commercial
thrift
banks
institutions

at
commercial
banks

Savings deposits
at
thrift
institutions

total

Small denomination time deposits 2
at
at
commercial
thrift
total
banks
institutions

Large denomination time deposits3
at
at
commercial
thrift
total
4
banks
institutions

1985-flAR*

294.1

166.1

460.2

120.6

169.2

289.8

383.7

498.7

882.4

266.9

152.6

421.5

APE.
JUNE

295.9
298.4
307.5

166.6
168.0
170.6

462.5
466.4
478.1

121.0
121.8
123.2

169.7
170.4
172.2

290.6
292.2
295.4

383.9
385.2
386.5

498.0
498.2
499.9

88U8
68J.5
866.3

269.2
268.5
265.5

152.7
155.1
154.9

421.9
423.6
420.4

JOLT
40G.
SEPT.

313.2
317.9
321.3

174.0
177.3
178.5

487.2
495.2
499.8

124.4
124.0
123.7

174.6

174.$
175.4

298.9
298.9
299.1

386.5
385.3
385.1

500.6
497.1
495.4

887.1
882.5
880.5

263.0
267.5
272.6

153.1
153.9
155.1

416.1
421.4
427.6

OCT.
fOf.
DEC.

324.3
329.2
332.4

179.8
180.3
179.6

504.1
509.5
512.0

124.6
124.3
123.5

178.3
179.0
178.3

302.9
303.3
301.8

384.8
384.2
384.8

496.5
496.4
497.7

881.3
880.7
882.5

276.3
278.2
260.9

156.2
157.1
157.8

432.6
435.3
438.7

1986-JAN.
FEB.
HAS.

336.7
336.9
340.3

179.0
179.4
180.1

515.7
516.3
520.4

123.9
123.6
124.9

178.8
179.1
181.6

302.7
302.8
306.5

386.5
387.0
387.1

502.6
504.6
505.1

689.1
891.6
892.2

288.5
290.3
267.6

159.0
160.6
163.1

447.5
450.9
450.7

BAT

VSEK ENDING
1986
BAR.

APR.

1/
2/
3/
4/

3
10
17
24
31

338.4
339.7
340.3
340.5
341.1

123.7
124.5
124.8
125.1
125.6

387.0
387.3
387.3
387.1
366.8

288.3
287.4
287.8
287.9
287.5

7 P
14 P

344.9
346.1

127.4
127.4

385.4
383.9

285.8
284.8

3 A TUGS DEPOSITS EXCLUDE flflDAS.
SHALL DBIOBINATION TIBE DEPOSITS — INCLUDING RETAIL RPS ~ ARE THOSE ISSUED IV AHO0RTS OF LESS THAN $ 1 0 0 , 0 0 0 . ALL
INDIVIDUAL RSTIBEHSHT ACCOUITS (IRA) AID KSOGH ACCOUNTS AT COflfiERCIAL BANKS AND THRIFTS AttE SUBTRACTED FROB SHALL
IIBE DEPOSITS.
LARGE DBNOHINATIOV TIBS DEPOSITS ARE THOSE ISSUED IN AflODNTS OF $ 1 0 0 , 0 0 0 OB flORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES ( I B F S ) .
LARGE DEBOBINATION TIflE DEPOSITS AT COBHERCIAL BANKS LESS THOSE HELD BY HONEY HARKET BUXUAL FUNDS, DEPOSITORY
INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.S (508)
Table 5-contlnued

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
Eurodollars1

Savings
bonds

Non M3 Components of L
Short-term
Bankers
treasury
acceptances4
securities*

Components of Debt
Commercial
paper*

Federal debt 9

Non-Federal9
debt

1985-HAB.

59.5

30*7

27.9

58.7

84.7

75.3

280.8

45.3

167.7

1412.0

4691.8

APR.
HAT
JO IB

59.6
63.5
67.1

32.5
31.2
31.4

27.2
26.5
25.7

59.8
57.7
57.1

80.9
81.4
79.2

75.6
76.1
76.5

278.4
272.1
280.2

44.7
43.9
42.3

169.3
168.8
167.9

1427.1
1443.8
1457.9

4738.9
4787.9
4841.2

JULY
AUG.
SEPT-

65.0
63.6
62.3

29.8
30.4
30.9

25.9
26.7
27.6

55.7
57.1
58.5

78.8
80.0
80.2

76.6
77.1
78.0

280.6
281.2
282.1

42.0
42.8
43.2

173. 1
181.0
187.8

1475.8
1495.8
1506.9

4893.9
4945.1
5002.5

oct.
NOV.
DSC

63.3
64.$
64.6

30.2
31.3
31.6

29.4
31.7
34.1

59.5
63.0
65.7

79.4
79.5
77.6

78.5
79.0
79.6

281.1
295.7
304.0

43.8
43.3
42.1

193.4
199.1
204.6

1515.6
1544.2
1583.7

5062.4
5121.1
5211.3

1986-JAN.
FBB.
HAB.

67.3
67.7
70.3

33.1
34.9
35.9

35. 5e
35. 5«
35. 5e

68. 5e
70.3c
71. 4e

77.5
80.0
81.4

80.0
80.5

303.6
308.0

42.2
41.9

207.5
208.6

1606.7
1621.0

5291.6
5322.3

3
16
17
24
31

67.8
68.7
70-1
71.8
71.8

34.8
35.4
35,3
34.9
38.8

7 P
14 P

72.0
74.9

32.7
33.5

ffBSK ENDINGI
1986-HAB.

APR.

1/
2/
3/
%/
5/
6/

TBBH BPS ABB THOSE llffl ORIGINAL MATURITIES 6BBATBB TBAH OMB DAI, EICL0DIBG CONTINUING CONTRACTS AID RETAIL BPS. INCLUDES
A BBLATIVBLY SHALL AflOOBT OF OVERNIGHT BPS AT THRIFT INSTITUTIONS.
TBBB EURODOLLARS ABB THOSB WITH OBIGIIAL HATUBITIJSS GREATER TfiAB OBB DAI. COMSISTS OP THOSE ISSUKD TO 0.S. RBS1DBUTS BY
POBBIGB BRANCHES OF U.S. BAM IS VOBLDfflDB AID BY ALL BANKING OFFICES I* THE UNITED KINGDOfl AND CANADA. EXCLUDES THOSE HELD
BY DEPOSITOBI INSTITUTIONS AND HONEY MARKET HOTUAL FUNDS.
CONSISTS OF U.S. TREASURY BILLS AND COUPONS ilTH REMAINING MATURITIES OF LESS THAN 12 HONTHS HELD 81 OTHEB THAN DEPOSITOR!
INSTITUTIONS, FEDERAL RESERVE BANKS, HONE! BASKET HUTUAL FUNDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BT ACCEPTING BANKS, FEDERAL RESERVE BASKS, TOBEIGU OFFICIAL INSTITUTIONS, THE FEDERAL
HOHS LOAN BANK SISTEH AND HOMEY HARKET HUTUAL FUNDS.
TOTAL COHHEBCIAL PAPEB LESS COHHEBCIAL PAPER HELD BI HONE! HARKET HUTUAL FUNDS.
DEBT DATA ABE ON A HONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OF-HONTH LEVELS OF ADJACENT HONTUS, AND HAVE B&EU
ADJUSTED TO BEHOVE DISCONTINUITIES.




H.6 (508)
Table 6

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

foreign
commercial
banks

Date

foreign
official
institutions

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

U.S. government deposits
demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

1.2

4tf.t>

bb.4

7.9

123.2

11.5
17.8
11.4

22.0
27.6
17.7

1.1
1.2
1.2

53.5
55.1
55.9

70.4
71.9
7J.4

8.6
8.6

ti.4

132.5
135.6
137.7

3.4

4.0
3.0
4.3

20.0
10. b
13.4

27.0
16.4
21. 1

1.2
1.3
1.3

5b. 7
S/.4
57.6

75.3
7o.8
76.1

8.5
8.4
8.3

140.4
142.6
144.3

3.0
3.0
3.4

3. 1
2.8
3.4

2.4
4.8
11. 1

8.5

1.9

8.3
8.4
8.3

10.7
17.9

1.3
1.3
1.4

58.2
56.7
59.2

79.0
7y.5
BO.9

8.4
8.4
8.3

145.7
146.6
148.4

8.8
8.3
8.4

2.0
1.9
1.8

8.0
7.8
7.6

3.6
3.3
3.4

10.5

34.5
31.7
19.2

1.3
1.4

b0.7
b2. 5
b4.2

b1.9
82.9
Bb.de

8.6

151.2
154.3e

3.4

20.5
21.0
12,4

2.0
1.8
1.9
1.8
1.9

7.7

24
31

8.0
9.1
8.4
8.0
8.3

4.9
3.7
3.2
3.5
2.7

20.2
11.3
tt. 1
15.7
11.1

z8. 1
18.2
15.8
22.4
16.5

1.4
1.6
1.4
1.4

7.5

3.0
3.3
4.5
3.1
2.b

7 P
14 P

8.6
8.1

1.9
1.8

7.6

3.3

7.5

i.a

3.3
3. 1

13.3
7.8

20.0
14.0

1.5
1.5

1.9

8.6

3.6

3.Q

APR.
MAI
JUNE

7.7
8.0
8.0

1.9
2.1
2.0

8.4
8.3
8.3

3.9
3.1
3.4

b.b
6.7
2.8

JULY
AUG.
SEPT-

8-1
7.8
8.1

1.9

8.3
8.2
8.2

3.1

2.0
2.1

2. a

OCT.
NOV.
DEC.

8.2
8.1
8.5

1.9
2.1

1986-JAN.
FEB.
HAH.

.

7.5

1.5

ENDING:

3
10

17

APR.

time
and savings
deposits at
commercial
banks

16.6

7.8

1986
MAB.

total demand
deposits and
note and
FR balances

9.2

1985-MAB.

SEEK

note balances
at commercial
banks
and thrift
institutions

IRA and Keogh Accounts

e = estimated




7.6

7.5
7.5

1.5

8. 9e
9. 2e

159.2B