Full text of H.6 Money Stock Measures : August 28, 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
These data are scheduled for release each Thursday at 4:30 p.m.

H.6 (508)
Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

AUGUST

2d,

19db

Billions of dollars
M1
Sum of currency,
travelers checks,
demand deposits and
other checkable deposits1

Date

1985—JULY
AUG.

SEPTOCT.
MOV.

DEC
1986—JAN.
PEB.
ttAfi.
APfi.
HAY

JUNE
JULY

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,
and institution-only
and saving's and small
MMMF balances3
2
time deposits
Seasonally adjusted

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors*

596.2
604.8
611.5
614.2
620.1
626.6

2496.2
2515.6
2529.9
2538.9
2551.41
2566.5

3112.2
3130.5
3150.8
3165-7
3181.2
3201.1

3683.3
3711.5
3739.7
3761.6
3799.2
3838.2

OJB9.8
6460.3
65^5.3
6592.0
6O80.5
6810.0

627.2
631.0
638.4
646.1
658.7
666.8
676.1

2569.9
2577.7
2592.4
2622.5
2649.7
2670.7
2698.5

3224.4
3241.4
3262.3
3293.2
3311.6
3334.5
3371.5

3660.5
3879.0
3892.4
3916.1
3946.1
3965.4

6913,9
6964. 1
7012.4
7070.5
713J.3
7194.6

599.6
602.0
609. 1
612.2
621.7
639.9

2501.1
2511.2
2521.4
2534.2
2549.7
2574.7

3109.8
3126.4
3144.3
3162.7
3184.7
3213.8

3682.8
3709.2
3735.4
3759.1
3801.9
3844.4

6370.J
6441.5
6509.9
6i>76- 4
6667.3
6804. 1

633.5
619.2
630.5
652.9
651.8
669.2
679.8

2578.7
2571.0
2594.4
2632.1
2640.7
2673.0
2703.9

3232.1
3233.3
3262.6
3299.7
3304.8
3335. 2
3369.1

3865.7
3871.3
3896.6
3926.1
3932.8
3965.5

6907.3
6944.6
6*85.3
7041.9
7107.6
7173.4

Not seasonally adjusted

1985—JULY
AUG.
SEP1.
OCT.
NOV.

$EC
1986 —JAN.
FEB.
MAfi.
APR.
MAY
JUNE
JULY

M1
For period ended
13-week average

1986-JULY

AUG.

week average

13-week average

Not seasonally adjusted
4-week average

week average

7
14
21
28

659.4
661.9
664.3
666.5

669.0
670.3
673.1
675.7

674.2
673.6
677.7
677.1

660.5
662.7
664.3
666.2

672.8
675.6
679.9
680.7

691.3
686.1
678.6
666.7

4

668.5
670.7

677.1
679.9
682.5

679.8
685.0
688.1

668.6
671.3
674. 0

679.0
679.7
682.0

684.6
689.0
687.5

11 P
18 P

NOTE:

Seasonally adjusted
4-week average

672.9

SPECIAL CAUTION SHOULD B£ TAKEN IN INTERPRETING ME2K-IO-IBBK CHANGES IN HONEY SUPPLY DATA,tftilCHARE
HIGHLY VOLATILE AND SUBJECT TO REVISION.
P—INDICATES Pfi£LiaiNAJUT DATA.
FOOTNOTES APPEAR ON THE FOLLOWING PAG£




H.6 (508)
Table 2

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

M1

M2

M3

Debt1

3 HONTHS FROM APR.

1986 TO JULY

1986

18.6

11.6

9.5

6 MOUTHS FROM JAN.

1986 TO JtfLY

1986

1b.6

10.0

9.1

11.3

12 MONTHS FfiOfl JULY

198i> TO JULY

1986

13.4

8.3

13.8

8. 1

THIRTEEN WEEKS ENDING AUG. 1 8 , 1986
FROH THIRTEEN WEEKS HMDIMGI

1/

1/

2/

3/

4/
5/

HAY

1 9 , 1986 ( 1 3 WEEKS PREVIOUS)

17.9

FEB.

1 7 , 1986

( 2 6 WEEKS PREVIOUS)

14.6

AUG.

1 9 , 1985 ( 5 2 BBBKS PREVIOUS)

13.2

GROWTH RATES FOR DEBT ARE BASED ON PERIODS BEGINNING AND ENDING ON£ HONTH EARLIER THAN FOH THE MONETARY AGGREGATES,
NAMELY, HARCH 1986 TO .JUNE 1986, OECEBBEB 1985 TO JUNE 1986. AND JUNE 1985 TO JUNE 1986# RESPECTIVELY.
FOOTNOTES TO T A B U 1
CONSISTS OF (1) CURRENCY OUTSIDE TflS TREASURY, FEDEBkL BESEBVE BANKS, AND THE VAULTS OF COMMERCIAL BANKS;
(21 TEA?BLEBS CHECKS OF RONBANK ISSUEfiS; (3) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHE& THAN THOSE DUB TO
DOflESTIC BANKS, THE U.S. GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS
OF COLLECTION AND FEDERAL RESERVE FLOAT; AND (4) OTBBfi CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE QBDBB
OW WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITOR! INSTITUTIONS,
CREDIT UNION SHARE DRAFT ACCOUNTS AND DEMAND DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AND DEMAND
DEPOSIT COflPONBNTS EXCLUDE THE ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY
THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF fl1 PLUS OVERNIGHT (AND CONTINUING CONTRACT) UPS ISSUED BY ALL COMMERCIAL BANKS AND OVERNIGHT EURODOLLARS
ISSUED TO U.S. RESIDENTS BT FOREIGN BRANCHUS OF U.S. BANKS MOULDHIDE, MMDAS, SAVINGS AND SMALL DENOMINATION
TIflB DEPOSITS (TIBE DEPOSITS—INCLUDING RETAIL R P S — I N ABOUNTS OF LESS THAN $100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND &BQ&&U/l>EkLBR HONEY MARKET MUTUAL FUNDS. EXCLUDES IRA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FUHDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. COMMERCIAL
BANKS, flOEEY MARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AMD COMMERCIAL BANKS, AND
THE U.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT BHBBESBUTS THE ESTIMATED A6OUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS*
CONSISTS OF ft? PLUS LARGE DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $100,000 OR MORE) AND TERM RP LIABILITIES ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, TERH EURODOLLARS HELD BY O^S. RESIDENTS AT FOREIGN ^RANCHES OF U.S. BANKS
HOELOfIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-BXEHPT
INSTITUTION-ONLY HONEY MARKET MUTUAL FUNDS. 4ICLUDES AMOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. UQVEBUBZUt, HONEY
MARKET taUDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT BRBBESEUXS
THE ESTIMATED AMOUNT OF OVERNIGHT BPS AND EURODOLLARS HELD BY INSTITUTION-ONLY MONEY MARKET HUTUAL FUNDS.
CONSISTS OF H3 PLUS THE NOVBAIK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TREASURY SECURITIES, COMMERCIAL
PAPER AND BANKERS ACCEPTANCES, NET OF HONEY MARKET HUTUAL FUND HOLDINGS OF THESB ASSETS.
DEBT OF DOMESTIC NONFINANCIAL SECTOBS CONSISTS OF OUTSTANDING CREDIT MARKET DEBT OF THE UHITED STATES GOVERNMENT,
STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS OF CORPORATE BONDS, HORTGAGES,
CONSUAER CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND OTHER DEBT
INSTRUM£NTS. THE DATA ABB DERIVED FROM THE FEDERAL BESBHVE BOARD'S tLOk QF FUHDS ACCOUNTS. ALL DATA ON DEBT OF DOMESTIC
NONFIMANCIAL SECTORS ARE PBESEWf&li IN MONTH-AVERAGE FORM, DEMVED BY AVERAGING MONTH-END LM&LS OF ADJACENT MONTHS- THESE
DATA HAVE ALSO BEEN ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT MAY ARISE IN THti UNDERLYING FLOW OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFE&S, THEREFORE, FROM THE QUARTERLY FLOW OF tUHDS STATISTICS CONTAINED
IN THE FEDERAL RESERVE RELEASES Z. 7 AND Z.I. IN THOSE RELEASES, PUBLISHED LEVELS OF CREDIT MARKET DtflT ARE MEASURED ON
A UUART2R-SND BASIS AND INCLUDE DISCONTINUITIES.




COMPONENTS OF THE MONEY STOCK
KUitumilUJH
1
r

-

toiNf*

ttinoi muoiim'
ti

«*•

at
ttinft

mm

»ttmtoii*»»y
•t

• N i d i twW# OtpO9nm

1
*

at
thrift

at
i^.

tank*

n

Wwffi

—
tttt

165.3
166.9
167.7

5.8
5.9
5.9

260.4
263.1
266.4

164.8
169.0
171.5

1899.9
1910.8
1918.4

616.1
614.9
621.0

b*nfcs
! 122.9
123.7
124.0

OCT.
•Of.
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

1924.6
1931.3
1939.9

626.0
629.8
634.6

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
496.2

875.7
876.0
880.3

273.9
276.7
279.1

155.9
156.3
157.3

429.7
432.9
436.5

1986-JAI.
FEB.
HAB.

171.9
172.9
173.9

5.9
5.9
6.1

268.9
269.2
273.2

180.5
183.1
185.2

1942.7
1946.7
1954.0

654.5
663.7
669.9

124.7
125.0
125.6

179.3
179.9
181.2

304.0
304.9
306.9

386.6
388.1
389.0

499.4
502.9
505.7

885.9
89 UO
894.7

289.7
291.5
287.1

158.2
159.7
163.4

447.9
451.2
450.5

APB.
HAI
JUIB

174.4
175.8
176.7

6.1
6.1
6.2

275.7
281.6
284.9

189.9
195.1
199.0

1976.4
1991.1
2004.0

670.7
661.8
663.7

126.6
129.0
130.9

184.8
189.5
194.1

311.4
318.5
325.0

388.0
384.9
381.8

508.2
506.3
504.1

896.2
891.2
885.9

287.0
281.5
280.5

165.0
164.9
164.6

452.1
446.3
445.1

JOLT

177.5

6.4

288.3

203.9

2022.4

673.0

133.4

197.7

331.1

380.0

503.2

883.2

279.7

165.7

445.4

1985-JULI
40G.
SEPT.

173.8
176.0
176.3

296.7
299.7
300.3

386.7
383.4
362.7

501.3
497.5
495.6

688.0
880.9
878.3

264.0
266.9
270.6

154.3
154.1
155.1

418.2
421.0
425.6

WEEK E I D I I G
1986
JOLT

AUG.

1/
2/
3/

4/

5/

6/

7/
8/

9/
10/

7
14
21
28

177.2
177.1
177.6
177.9

2*8.5
287.5
289.1
287.8

202.2
202.7
204.6
205.0

132.6
133.8
134.3

381.7
381.0
379.7
378.7

280.0
279.3
280.4
279.8

4
11 P
18 P

178.2
176*7
179.0

288.7
290.5
292.4

206.4
209.4
210.3

134.9
135.9
136.7

377.6
376.8
375.8

278.9
280.7
281.3

132.4

C O S B E K T 09TSIDB TIE O.S. Ti BIS Oil, FEDERAL BESBBfE BAIKS AID fAOLTS OP COHHEBCIAL BAIKSw
EICLODBS THE BSTIHATBD
AHOOIT O F fAOLT CASH BBLD BI THBIPT IISTITUTIOIS TO SBBVICB THBIB O C D LIABILITIES.
OOTSTABDIIG AHOOIT OP O.S. DOLLAB-DBIOHIIATBD TBATELEES CHECKS OF IOIBAIK ISSOEBS. TEA?ELBBS CHECKS ISSUED BT DEPOSITOBI
IISTITUTIOIS ABB IICLODED I I DEHAID DEPOSITS.
DBHAID DEPOSITS AT COHHEICIAL BAIKS AID POBBI6I BELATED INSTITUTIONS OTBEB THAI THOSE DOE TO DOHBSTIC 8AIKS, THE B.S. GOVBBIHBIT AID FOHBIGI BAIKS AID OFFICIAL IISTITUTIOIS LESS CASH ITSHS II THE P1OCESS OF COLLBCTIOI AID FEDBBAL BBSEBfE FLOAT.
BICLUDES T H E BSTIHATED AHOUIT OF DBHAID DEPOSITS HELD A T COHHBBCIAL BAIKS B I THBIPT IISTITUTIOIS TO SERVICE THEIfi OCD
LI A BI LI TIBS.
COISISTS OF 101 AID ATS BALAICES AT ALL DBPOSITOBT I B S U T Q T I O I S , CBEDIT OIIOI SHABB DBAFT BALAICES AID
DBHAID DEPOSITS AT THBIFT IISTITOTIOIS. OTHSB CHECKABLE DEPOSITS SEASOIALLI ADJUSTED EQOALS THE DIFFEBEICE BETIEEI THE
SBASOIALJ.T ADJUSTED SOH OF DBHAID DEPOSITS PLOS OCD AID SEASOIALLI ADJUSTED DBHAID DEPOSITS.
SUH OF OfBBIIGHT EPS AID OfBBIIGHT BUBODOLLABS, HOIET HABKET FUID BALAICES (GBIBflAL POBPOSE AID BBOKEB/DEALEB) 9
HHDAS, AID SAflIGS AID SHALL TIHE DEPOSITS, LBSS TUB COISOLIDATIOI ADJOSTHBIT THAT BEPBESEITS THE ESTIHATED AHO0I1 OF
DEHAID DEPOSITS AID VAULT CASH HELD BI THBIFT IISTITUTIOIS TO SBBVICE THBIB TIHB AID SAVINGS DEPOSITS LIABILITIES.
SUH OF LABGE TIHB DEPOSITS, TEBH IPS AID TBBfl BOBODOLLABS OF U.S. BBSIDEITS, BOIBI HABRET FUID BALAICES (IISTITUTIOIO I L T ) , LESS A COISOLIDATIOI ADJUSTHBIT THAT BBPBESBITS THE ESTIHATBD AHOUIT OF OVEBIIGHT B P S AID EUBODOLLABS HELD BT
IISTITOTIOI-OILI BOIBI HABKBT FUIDS.
SAflIGS DEPOSITS EXCLUDE HHDAS.
SHALL DBIOHIIATIOI TIHB DEPOSITS—IICLUDIIG BETAIL B P S — ABE THOSE ISSUED I I AHOUITS OP LESS THAI $100,000. ALL
IIDIYIDUAL BBTIBBHEIT ACCOUITS (IIA) AID K£OGH ACCOUITS AT COHHERCIAL BANKS AID THBIFTS ABE SUBTBACTBD FBOH SHALL
TIHB DBPOSITS.
LABGE D£IOHIIATIOI TIHE DEPOSITS ABE THOSE ISSQBD II AHOUITS i)F 1100,000 OB HOBE, BICLODIIG THOSE fidoKBD AT
IITEBIATIOIAL BAIKIIG FACILITIES.
LABGB DEIOHIIATIOI TIHB DEPOSITS AT COHHEBCIAL BAIKS LESS THOSE HELD BI HOIEI flAHKET HUTUAL
MUDS.
DEPOSITOBI IHSTITUTIOIS AND FOBEIGI BANKS AMI, OFFICIAL INSTITUTIONS.




H.6 (506)
Table 4

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

Date

savings bonds

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

commercial paper3

Debt components4
federal debt
non-federal debt

1985-JUVE

76.5

281.9

44.5

165.7

1459. 3

4B60.9

f TIT V

76.7
77.2
78.0

279.2
277.3
280. b

43.7
43.6
43.2

171.6
182.9
187.2

1479.5
1496.7
1506.6

4910.3
4963.6
5018.8

OCT.
NOV.
DEC.

78.5
79.0
79.5

280.9
299.5
307.1

43.9
43.1
41.1

192.5
196.4
209.5

1518.0
1549.0
1586.3

5074.0
5131.5
5223.7

1986-JAN.

79.9
80.5
81.1

304. 1
305.8
29d.O

41.5
42.1
41.6

210.6
209.2
209.5

1608.0
1621. 1

5305.9
5343-0
5384. 1

81.8
82-6
83.4

297.1
305. 1
300.9

41.0
40. 1
40.3

203.0
206.7
206.3

1638.8

5431.7
5177.0
5517. 1

J UJ*X

AUG.
SEPT.

PRR
HA*.
A Pit.
Mfty

J OM E P

1677.5

1/

CONSISTS 0 / B . S . TBBASUBX BILLS AN0 COUPONS KITH HJ5BAINING HATUHITIES OF LESS THAU 12 MOUTHS ttKLD BX OTHEB THAU DEPOSITOR
INSTITUTIONS
FEDK&kL SKSEftVE fiAHKS, HOME* flASKiST liaTOAt gUHDS AMD FOREIGN ENTITIES.

2/

f S S " i S K S s K 3 £ * ! S s ILS BY ICCKWIW *I»**. MB««AI. *BS**I* M « S . FOBEIGN OFFICIAL INSTITUTIONS, TUB FBDEHAL
HONE LOAN BANK SISTEfl ANO HONEY flABKET MUTUAL FUNDS.

ssiBs:-s?s ;is.iiss^s£ciSx;:'s.:s: s
ADJUSTED 1 0 HSMOVJB DISCOMT1HUXTXJBS.




H.6 (506)
Table 5

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

Other checkable deposits

Date

Currency1

Travelers
checks2

Demand
deposits3

at commercial
banks4

at thrift

total

in M2 6

in M3 only

7

Overnight
RPs*

Overnight
Eurodollars9

institutions*

General
purpose and
broker/dealer
money market
funds

166.8
167.7
167.6

6.5
6.6
6.2

261.6
260.4
265.0

115.0
117.0
119.0

49.5
50.3
51.3

164.5
167.3
170.3

1901.6
1909.1
1912.3

608.6
615.3
622.9

48.4
49.6
50. 5

12.4
14.2
14.0

175.8
176.8
176.7

OCT.
NOV.
DEC

168.4
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

1922.0
1928.0
1934.7

628.5
635.0
639.2

50.9
52.5
53.3

14.3
13.9
17.0

177.0
176.8
176.5

193 6 - J A N .
FSB.
MAR.

170.5
170.6
172.3

5.5
5.6
5.8

275.1
262.0
267. 1

128.1
126.8
129.3

54.3
54.2
56.0

182.4
181.0
185.3

1945. 1
1951.8
1964.0

653.5
662.4
668.2

50.1
52.4
51.2

16.8
16.2
16.4

177.7
181.0
186.2

APR.
HA If
JUNE

173.6
175.6
177.4

5.8
5.9
6.5

278.7
276.7
285.6

134.8
132.8
136.6

59-9
60.5
63.0

194.7
193.4
199.6

1979.2
1988.9
2003.8

667.6
664. 1
662.2

51.0
51.5
49.7

17.5
17.6
1b.b

191.4
193.2
19 7.2

JULY

179.1

290.0

139.0

64.5

203.5

54.7

17.2

199.4

7
14
21
28

180.9
179.6
179.0
177.9

297.1
294.2
289.3
281.4

140.4
139.9
138.7
137.3

65.9
65.3
64.4
62.7

206.3
205.2
203. 1
200.0

51.3
54.2
55.6
57.2

15.7
17.0
18.3
18.1

196.7
198.8
20 0.4
201.1

4
11 P
18 P

179.5
180.8
179.9

290.3
290.8
292.1

141.4
143.3
142.3

66.0
66. 8
66.0

207.4
210.1
208.3

55.7
57.5
58.0

16.3
15.3
15.9

200.7
201.4
200.0

1985-JULY
AUG.
SEPT.

WEEK ENDING:

1986-JULI

AUG.

1/
2/
3/

4/
5/
6/

1/

8/
9/

COBRENCI OUTSIDE THE U . S . TREASURY, FEDERAL JtESEBVfi BANKS AND THE f A 0 L T S OF COflflERCIAL BANKS.
EXCLUDES THE ESTIMATED
AHOUNT OF VAULT CASH HELD B I THRIFT I N S T I T U T I O N S TO SERVICE THEIR OCD L I A B I L I T I E S .
OUTSTANDING AflOUNT OF U . S . DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK I S S U E R S . TRAVELERS CHECKS I S S U E D BY DEPOSITORY
I N S T I T U T I O N S ARE INCLUDED IN DEMAND D E P O S I T S .
DEHAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOflESTIC BANKS, THE U . S . GOVERNMENT AND FOREIGN BANKS AND
OFFICIAL I N S T I T U T I O N S , LESS CASH ITEMS I N THE PROCESS OF COLLECTION AND F . R . FLOAT, LE±S THE ESTIMATED AflOUNT OF DEMAND
DEPOSITS HELD AT COflflERCIAL BANKS BY THRIFT I N S T I T U T I O N S TO SERVICE THEIR OCD L I A B I L I T I E S .
CONSISTS OF NOH AND ATS BALANCES AT COflHERCIAL BANKS, U.S^ BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT
CORPORATIONS.
CONSISTS OF NOH AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE
DRAFT BALANCES, AND DEflAND DEPOSITS AT T H R I F T S .
SUH OF OVERNIGHT RPS AND EURODOLLARS, HONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), MMDAS AND SAVINGS
AND SMALL TIMS DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD bl THRIFT I N S T I T U T I O N S TO SERVICE
THEIR TIME AND SAVINGS DEPOSIT L I A B I L I T I E S .
SUH OF LARGE TIME DEPOSITS, TERM RPS AND EURODOLLARS OF U . S . RESIDENTS, flONEI MARKET FUND BALANCES ( I N S T I T U T I O N - O N L Y ) , LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AflOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD B I INSTITUTION-ONLY
MONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS I S S U E D B I COMMERCIAL BANKS TO OTHER THAN DEPOSITORI I N S T I T U T I O N S AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
I S S U E D B I FOREIGN BRANCHES OF U . S . BANKS WORLDWIDE TO U . S . RESIDENTS OTHER THAN DEPOSITOR* INSTITUTIONS AND
MONEI MARKET MUTUAL tUUDS (GENERAL PURPOSE AND b*OKER/D£ALEfl)-




H.8 (508)
Table 5-continued

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

at

commercial
banks

thrift
institutions

298.9
298.9
299.1

386. 5
385.3
38b. 1

500.6
497.1
495.4

178.3
179.0
178.J

302.9
303.3
301.8

384.8
3 84.2
384.8

123. 9
123.6
124.9

178.8
179.1
181.6

302.7
302.7
306.5

525.2
530.8
540.4

127.2
129. S
132.2

185.8
190.3
194.8

546.1

135.1

198.7

at

at

commercial
banks

thrift
institutions

487.2
495.2
499.8

124.4
124.U
123.7

174.6
174.9
175.4

179.8
180.3
179.6

504.1
509.5
512.Q

124.6
124.3
123.5

336.7
337.0
340.4

179.0
179.4
180.2

515.7
516.3
520.5

JUNE

344.8
348.6
355.2

180.4
182.2
185.2

JULY

358.9

187.2

at

commercial
banks

thrift
institutions

313.2
317.9
321.3

174.0
177.3
178.5

OCT.
HO?.
DEC.

324.3
329.2
332.4

1986-JAN.
T&B.
HAB.
APS.

Date

1985-JULI
AUG.
SEPT.

NAY

total

Large denomination time deposits3

Small denomination time deposits2

Savings deposits1

Money market deposit accounts
at

at

at

commercial
banks4

thrift
institutions

887.1
882.5
880.5

263.0
267.4
272.6

153.1
153.9
155.1

416. 1
421.4
427.6

496.5
496.4
497.6

881.3
880.7
882.5

276.3
278.2
280.9

156.2
157.1
157.8

432.5
435.3
438.7

386.5
387.1
387.2

502.6
504.6
504.6

889.1
891.7
891.8

288.5
290.4
287.7

159.0
160.7
163.2

447.6
451.0
450.8

312.9
319.9
327.0

384.5
382.3
380.7

505.4
502.4
501.2

B89.9
884.7
881.9

283.6
280.8
278.8

164 1
164.4
164.1

445. 1
442.9

333.8

379.9

502.3

882. 1

278.7

164.7

443.3

total

total

BEEK ENDING
1966
JOLI

AUG.

1/
2/

7
14
21
28

357.6
358.6
359.1
359.9

134.6
134.8
135.5
135.3

380.6
380.3
379.6
379.4

278. 1
277.3
279.5
279.9

4
11 P
18 P

360.9
362.3
363.8

135.9
136.8
137.2

378.7
37 8.4
377.7

278.6
280.4
281. 1

SAVINGS DEPOSITS EXCLUDE flflDAS.
SHALL DBNOHINATION TIflB DEPOSITS — INCLUDING BKTAIL EPS — AHE THOSE ISSUED I N AMOUNTS OF
INDIVIDUAL fiBXIBEBIBNT ACCOUNTS (IBA) AND KEOGH ACCOUNTS AT

3/



°*

$100 0U

'

° °R

fl0 E

*'

THAN

"CLUD«G THUS* BOOKED AT IMTEHNAT1ONAL
D.POS1TOI.I

total

UU7
6
•t *t # . o

H.6 (506)
Table 5-cont»nued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted
Term RPs1
Date

Institution
only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars2

Savings
bonds

Non M3 Components of L
Short-term
Bankers
treasury
acceptances4
securities3

Components o* Debt
Commercial
paper*

Federal debt 9

Non-Federal6
debt

65.0
63.6
62*3

29.9
30.6
31.2

25.9
26.7
27.5

55.8
57.3
58.6

77.6
7 8.8
78.9

76.6
77. 1
78.0

279.9
280.4
281.3

43.5
44. 3
43.9

173.1
181.0
1d7.8

1475.8
1495.4
1506.9

4894.5
4945-7

OCT.
NOV.
DEC

63.3
64.5
64.6

30.5
31.7
32. 1

29.2
31.6
33.9

59.8
63.3
66.0

78.2
78.4
76.7

78.5
79.0
79.6

230.7
295.7
304.3

43.8
43. 3
42.1

193.4
199.1
204.6

1515.6
1544.2
1583.7

5062.9
5123.2
5220.3

1986-JAM.
FEB.
MAR.

67.3
67.7
70.2

33.7

35.8
37.2

35.1
34.6
34.2

68.8
70.5
71.4

76.0
79.2
82.7

80.0
80.5
81.1

303.8
306.7
304.2

42.2
41.9
40.7

207.5
208.8
207.9

1606.7
1621.0
1633.3

5300.5
5323.6
5352.0

APR.
AAI
JUKE

74.1
76.1
75.0

35.6
34.8
33.3

35.6
38.2
40.8

71.2
73.0
74. 1

81.0
78.3
77.7

SU8

299.7
298.8
298.2

39.9 *
J9.6
39.8

205.2
207.0
208.9

1644.6
1660.6
1678.7

5397.3
5447.0
5494.7

JULY

77.5

33.0

41.8

74.8

76.3

7
14
21
28

75.4
75.8
78.5
79.5

32.8
32.9
32.2
33.6

4
11 P
18 P

79.8
80.4
80.0

33.7
33-7
33.6

1985-JULY
AUG.
SEPT,

MEEK

ENDING;

1986-JULT

AUG.

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

82.6
83.4

5003.Q

TERM EPS ARE THOSE 8ITH ORIGINAL MATURITIES GREATER THAN ONE DAI, EXCLUDING CONTINUING CONTRACTS AND RETAIL RPS. INCLUDES
A RELATITELI SHALL AMOUNT OP OVERNIGHT RPS AT THRIFT INSTITUTIONS.
TEBfl EURODOLLARS ARE THOSE ilTH ORIGINAL MATURITIES GREATER THAN ONE DAI. CONSISTS OF THOSE ISSUED TO U.S. RESIDEHXS BY
FOREIGN BRANCHES OF U.S. BANKS VORLDVIDE AND BY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THOSE HELD
BI DEPOSITOBI INSTITUTIONS AND HONEY MARKET HUTUAL FUNDS.
CONSISTS OF 0. S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BI OTHER THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS. MONEY MAfiKET MUTUAL FVEDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND HONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET HUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OP-MONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.




M.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

IRA and Keogh Accounts

U.S. 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

time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

8.1
7.8
8.1

1.9
2.0
2.1

8.3
8.2
8.2

3.1
2.8
3.4

4.0
3.0
4.3

20.0
10.6
13.4

27.0
16.4
21.1

.2
I.3
I. 3

56.7
57.4
57.8

75.3
76.8
78.1

8.5
8.4
8.3

140.4
142.6
144.3

OCT.
HOY.
BBC

8.2
8.1
8.5

1.9
2.1
1.9

8.3
8.4
8.3

3.0
3.0
3.4

3.1
2.8
3.4

2.4
4.8
11.1

8.5
10.7
17.9

I.3
I. 3
I.4

58.2
58.7
59.2

79.0
79.5
80.9

6.4
8.4
8.3

145.7
146.6
148.4

1986-JAM*
FEB.
BAB.

8.8
8.3
8.4

2.0
1.9
1.8

8.0
7.8
7.6

3.6
3^2
3.3

10.5
7.5
3.4

20.5
21.0
12.4

34.5
31.7
19.2

I.3
I. 4
I.4

60.7
62.5
64.2

81.9
82.9
86.4

8.6
8.7
9.0

151.2
154.2
159.5

APB.
SAX
JO HE

8,7
8.8
8.8

1.9
1.8
1.8

7.5
7.4
7.3

4.2
3.0
3.5

3.7
4.8
2.9

13.6
18.7
12.6

21.5
26.5
18.9

1.5
1.5
1.7

68.4
69.5
70.1

90.1
91.2
91.8e

9.8
10.1
10. 3e

168.2
170.8
172.2e

JOLI

9.1

2.0

7.2

3.6

3.8

13.2

20.6

1.6

70.8

93. Se

10. 4e

174. 7e

14
21
28

9.0
9.4
9.0
9.2

2.1
2.1
1.9
1.8

7.2
7.2
7*2
7.2

5.7
2.6
3.8
2.4

3.8
3.7
3.9
3.9

12.4
11.6
13.1
16.1

21.9
17.9
20.9
22.5

1.6
1.6
1.6
1.6

4
11 P
18 P

8.5
9.2
8.7

1-9
1.8
1.7

7.2
7.2
7.2

3.1
3.0
3.3

3.3
3.9
3.2

11.9

18.3
13.4
11.8

1.6
1.6
1.6

1985-JULI
AUG.
SEPT.

ISBK EH DUG:
1986
JULI

AUG.

7

stisated



6.5
5.3