Full text of H.6 Money Stock Measures : August 4, 1994

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

FEDERAL RESERVE statistical release

* <o/y

H.6 (508)
Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

For release at 4:30 p.m. Eastern Time

Billions of dollars
Date

AUGUST 4, 1994

M11

M22

M33

L4

DEBT5

Seasonally adjusted
1992-JULY
AUG.
SEP.
OCT.
NOV.
DEC.

964.2
976.1
989.2
1004.2
1016.6
1024.8

3480.7
3489.4
3496.6
3507.5
3510.5
3509.0

4186.0
4196.7
4200.4
4197.0
4194.1
4183.1

5026.6
5041.0
5056.7
5058.5
5065.4
5057.2

11494.2
11554.3
11599.2
11627.1
11667.0
11722.1

1993-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1033.0
1035.4
1040.2
1047.1
1067.7
1076.6
1086.8
1095.3
1105.1
1113.4
1122.4
1128.4

3502.8
3494.2
3494.8
3498.0
3521.9
3528.7
3533.7
3536.0
3544.2
3547.8
3560.1
3567.6

4162.5
4156.2
4154.7
4162.1
4187.7
4187.8
4186.9
4186.8
4195.8
4203.4
4217.1
4230.2

5040.1
5035.7
5036.6
5054.5
5088.3
5089.5
5086.2
5094.8
5087.8
5098.4
5112.0
5132.6

11754.6
11775.1
11816.4
11865.3
11914.0
11985.2
12043.5
12096.2
12156.9
12194.5
12244.0
12317.3

1994-JAN.
FEB.
MAR.
APR.
MAY
JUNE

1133.5
1138.6
1142.4
1141.3
1143.2
1146.9

3572.8
3568.9
3582.9
3590.1
3591.3
3582.1

4234.3
4207.1
4214.7
4223.0
4216.8
4213.2

5152.5
5140.3
5139.7
5157.8
5153.3

12379.4
12428.3
12485.3
12530.8
12575.0

p

p

Not seasonally adjusted
1992-JULY
AUG.
SEP.
OCT.
NOV.
DEC.

962.9
971.0
983.6
1001.8
1022.4
1046.7

3478.1
3484.1
3486.7
3504.6
3517.4
3527.6

4180.3
4195.5
4190.0
4190.5
4203.6
4198.3

5012.9
5032.9
5045.2
5050.4
5083.6
5087.7

11451.9
11513.4
11566.0
11600.5
11659.3
11723.9

1993-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1041.0
1023.0
1031.6
1058.7
1058.1
1073.2
1084.6
1088.8
1099.1
1129.6
1153.8

3508.3
3484.2
3495.8
3515.2
3507.3
3524.4
3530.0
3528.9
3533.8
3545.8
3568.8
3590.2

4163.1
4149.5
4157.4
4177.3
4178.6
4184
4180
4183
4185
4197
4228.7
4249.6

5053.8
5030.4
5042.8
5063.9
5066.2
5079.0
5071.6
5084.7
5075.7
5090.9
5133.2
5167.5

11741.1
11750.2
11792.8
11838.0
11883.0
11951.7
12003.6
12057.2
12123.4
12165.3
12234.2
12319.7

1994-JAN.
FEB.
MAR.
APR.
MAY
JUNE

1142.8
1124.7
1131.9
1153.3
1133.2
1143.1

3579.5
3556.8
3581.3
3607.4
3576.7
3578.0

4235.2
4197.9
4214.7
4238.7
4207.7
4209.8

5166.8
5132.0
5143.6
5167.0
5130.1 p

12365.1
12400.4
12460.1
12505.1
12545.8 p

1111.8

Footnotes appear on the following page
p

preliminary




Page 2
H.6 (508)
Table 2

MONEY STOCK AND DEBT MEASURES

Percent change at seasonally adjusted annual rates
M3
-0.1

1 9 9 4 TO JUNE 1 9 9 4

1.6

-0.1

6 Months

f r o m DEC.

1993

TO JUNE 1 9 9 4

3.3

0.8

to

6.5

1.5

0.6

2.2

1.0

0.3

f r o m JUNE 1 9 9 3

JUNE 1 9 9 4

T h i r t e e n w e e k s e n d i n g J U L Y 2 5 , 19 94
f r o m t h i r t e e n weeks e n d i n g :
APR. 2 5 , 1994 (13 w e e k s p r e v i o u s )

CD

f r o m MAR.

24,

19 9 4

(26 weeks p r e v i o u s )

3.6

1.3

-0.3

JULY 2 6 ,

19 93

(52 weeks p r e v i o u s )

6.7

1.8

0.8

JAN.

DEBT1
4.7
U1

M2

3 Months

12 M o n t h s

1.

M1

5.5

Growth rates for debt are based on periods beginning and ending one month earlier than for the monetary aggregates, namely, February 1994 to May 1994, November 1993 to May 1994,
and May 1993 to May 1994, respectively.

Footnotes to Table 1:
1.

2.

3.

4.
5.

Consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) travelers checks of nonbank issuers; (3) demand
deposits at all commercial banks other than those due to depository institutions, the U.S. government, and foreign banks and official institutions, less cash items in the process
of collection and Federal Reserve float; and (4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOW) and automatic transfer service (ATS)
accounts at depository institutions, credit union share draft accounts and demand deposits at thrift institutions. Seasonally adjusted M1 is calculated by summing currency,
travelers checks, demand deposits, and OCDs, each seasonally adjusted separately.
Consists of M1 plus overnight (and continuing contract) RPs issued by all depository institutions and overnight Eurodollars issued to U.S. residents by foreign branches of U.S.
banks worldwide, savings deposits (including money market deposit accounts), small-denomination time deposits (time deposits—including retail RPs—in amounts of less than
$100,000), and balances in both taxable and tax-exempt general purpose and broker/dealer money market mutual funds. Excludes individual retirement account (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. Seasonally adjusted M2 is computed by adjusting its non-Mi component as a whole and
then adding this result to seasonally adjusted M1.
Consists of M2 plus large-denomination time deposits (in amounts of $100,000 or more) and term RP liabilities issued by all depository 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 funds. Excludes amounts held by depository institutions, the U.S. government, money market funds, and foreign banks and official institutions.
Also subtracted is the estimated amount of overnight RPs and Eurodollars held by institution-only money market mutual funds. Seasonally adjusted M3 is obtained by adjusting
its non-M2 component as a whole and then adding this result to seasonally adjusted M2.
Consists of M3 plus the nonbank public holdings of U.S. savings bonds, snort-term Treasury securities, commercial paper and bankers acceptances, net of money market
mutual fund holdings of these assets.
Debt of domestic nonfinancial sectors consists of outstanding credit market debt of the U.S. government, state and local governments 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 data are derived from the Federal Reserve Board's flow of funds accounts. All data on debt of domestic nonfinancial sectors are presented in month-average form, derived
by averaging adjacent month-end levels. These data have also been adjusted to remove statistical discontinuities that may arise in the underlying flow of funds statistics. The
presentation of debt data in this release differs, therefore, from the quarterly flow of funds statistics contained in the Federal Reserve releases Z.7 and Z.1. In those releases,
published levels of credit market debt are measured on a quarter-end basis and include discontinuities.




H.6 (508)
Table 3

Page3

MONEY STOCK MEASURES
Billions of dollars
Seasonally adjusted
M1
Period ending

week
average

13-week
average

4-week
average

week
average

13-week
average

1139.1
1138.7
1140.2
1142.1
1143.4

week
average

23
30

1140.8
1141.3
1141.7
1142.1
1142.3

4-week
average

1138.3
1142.3
1143.5
1144.1
1143.6

3581.1
3582.6
3584.1
3586.6
3588.2

3588.6
3586.4
3586.8
3590.1
3592.1

3581.9
3589.0
3592.0
3597.4
3590.1

4215.1
4215.0
4215.2
4216.9
4218.2

4221.4
4218.2
4214.2
4215.2
4217.2

4209.8
4214.6
4215.1
4221.4
4217.8

6
13
20
27

1142.7
1143.0
1143.5
1143.7

1144.1
1144.8
1146.3
1147.8

1145.2
1146.3
1150.2
1149.3

3588.7
3588.5
3588.0
3587.5

3591.1
3588.7
3584.5
3582.4

3584.8
3582.4
3580.6
3581.8

4218.7
4218.6
4217.9
4217.4

4216.8
4217.3
4215.1
4213.5

4212.9
4216.9
4212.6
4211.4

4

1143.6
1144.1
1145.3
1147.0

1148.0
1149.0
1149.7
1152.0

1146.0
1150.4
1153.1
1158.6

3587.9
3587.5
3587.9
3589.3

3583.9
3586.2
3590.1
3595.1

3590.7
3591.6
3596.1
3601.9

4217.7
4217.7
4217.8
4220.0

4215.8
4218.2
4223.4
4231.9

4222.3
4226.5
4233.5
4245.1

2
9

16

JULY

M3

4-week
average

1994-MAY

JUNE

M2

13-week
average

11
18p
25p

Not seasonally adjusted
1994-MAY

JUNE

JULY

2
9
16
23
30

1136.9
1137.9
1138.8
1138.7
1139.2

1149.2
1144.0
1138.0
1134.6
1132.0

1132.8
1145.6
1139.9
1119.9
1122.5

3582.3
3583.9
3585.5
3587.0
3588.2

3602.3
3589.5
3579.5
3577.2
3576.0

3568.7
3587.2
3584.7
3568.2
3564.0

4217.3
4217.6
4218.0
4219.1
4220.2

4234.3
4221.4
4208.9
4206.5
4207.3

4196.9
4216.4
4212.9
4199.9
4200.0

6
13
20
27

1140.4
1141.6
1142.8
1143.0

1135.1
1138.2
1144.0
1143.9

1157.9
1152.5
1143.2

3589.2
3589.5
3588.9
3587.4

3579.2
3581.9
3583.1
3578.9

3599.9
3595.5
3573.1
3547.0

4221.3
4221.6
4220.7
4219.0

4210.8
4216.3
4217.6
4211.6

4230.5
4234.9
4205.0
4176.0

4

1142.8
1142.9
1142.1
1142.1

1143.5
1147.4
1149.9
1152.9

3586.4
3584.5
3582.4
3582.0

3577.7
3582.0
3588.0
3594.5

3595.0
3612.9
3597.2
3572.7

4217.8
4215.7
4213.4
4213.7

4208.7
4210.2
4217.1
4226.4

4218.7
4241.2
4232.3
4213.5

11
18p
25p

1121.8
1156.4

1168.1
1153.1
1134.0

Note: Special caution should be taken in interpreting week-to-week changes in money supply data, which are highly volatile and subject to revision
p

preliminary data.




Page 4
H.6 (508)
Table 4

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Nontransactions components

Other checkable deposits
Currency1

Date

4,
5,
6,
7,

Demand deposits3

At commercial

At thrift

Total

In M2 6

In M3 only7

1993-FEB.
MAR.

297.0
299.3

8.0
8.0

342.7
344.3

283.8
284.9

103.9
103.6

387.7
388.5

2458.8
2454.6

661.9
659.9

APR.
MAY
JUNE

301.8
304.4
307.2

8.1
8.1
8.0

349.0
358.8
362.2

284.2
290.3
292.4

104.1
106.1
106.8

388.2
396.4
399.2

2450.9
2454.1
2452.1

664.1
665.8
659.1

JULY
AUG.
SEP.

309.7
312.4
315.4

7.9
7.8
7.8

366.4
370.9
375.4

294.8
295.9
297.8

108.0
108.3
108.8

402.8
404.2
406.6

2446.9
2440.7
2439.1

653.3
650.8
651.6

OCT.
NOV.
DEC.

317.6
319.5
321.4

7.8
7.9
7.9

378.4
383.2
384.8

299.1
300.8
302.6

110.4
111.0
111.7

409.5
411.8
414.3

2434.5
2437.7
2439.2

655.6
657.0
662.6

1994-JAN.
FEB.
MAR.

325.2
329.2
332.4

7.9
7.9
8.0

388.3
390.3
390.0

300.4
299.2
300.0

111.6
112.0
112.0

412.0
411.2
411.9

2439.3
2430.4
2440.5

661.5
638.2
631.8

APR.
MAY
JUNE

334.8
337.6
340.3

8.1
8.1
8.1

388.9
385.9
386.6

298.4
300.8
301.4

111.1
110.7
110.5

409.5
411.6
411.9

2448.8
2448.1
2435.2

632.9
625.4
631.1

339.0

8.1

383.4

302.5

110.5

413.0

2446.6

627.6

WeeH e n d i n g
199 4-MAY 30

1,
2.
3,

Travelers checks2

JUNE

6
13
20
27

338.9
339.6
340.4
341.9

8.1
8.1
8.1
8.2

386.7
388.0
389.2
384.9

301.0
300.7
302.5
302.3

110.5
109.9
110.0
112.0

411.4
410.6
412.5
414.4

2439.6
2436.1
2430.3
2432.5

628.1
634.5
632.0
629.6

JULY

4
11
18p
25p

342.3
341.8
342.4
343.6

8.2
8.2 e
8.2 e
8.3 e

382.2
388.3
390.4
392.8

302.4
302.1
302.1
303.0

111.0
110.1
109.9
111.0

413.4
412.2
412.0
414.0

2444.6
2441.1
2443.1
2443.3

631.6
634.9
637.4
643.2

i n s t i t u t i o n s , less c a s h i t e m s in t h e p r o c e s s of c o l l e c t i o n a n d F e d e r a l R e s e r v e f l o a t .
„
C o n s i s t s of N O W a n d A T S b a l a n c e s at c o m m e r c i a l b a n k s , U . S . b r a n c h e s a n d a g e n c i e s of f o r e i g n b a n k s , a n d E d g e A c t c o r p o r a t i o n s .
RPs

"dSSSSM Sly

d e p o s i t s (including m o n e y market deposit a < * » u n t s ) a n d

S u m o f T a r g e tirnedeposits"
tomSRRs°and1Eurod^arsof
U . S . residents, m o n e y m a r k e t fund b a l a n c e s (institution-only), less t h e e s t i m a t e d a m o u n t ot overnight R P s a n d
E u r o d o l l a r s h e l d b y i n s t i t u t i o n - o n l y m o n e y m a r k e t m u t u a l f u n d s . T h i s s u m is s e a s o n a l l y a d j u s t e d a s a w h o l e .


http://fraser.stlouisfed.org/
estimated
Federal Reserve Bank of St. Louis

p

preliminary

H.6 (508)
Table 4 - continued

Page 5

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT

Billions of dollars, seasonally adjusted

Date

1.
2.
3.
4.
p

Small-denomination time deposits2

At

broKer/dAAlAr

At

commercial
banks

institutions

1993-FEB.
MAR.

757 . 2
757.2

426.5
425.3

1183 . 7
1 1 8 2 .4

APR.
JUNE

759 . 5
766.7
771.0

426.0
428.4
429.4

1185.5
1195.1
1200.4

JULY
AUG.
SEP.

771.7
775.4
778.0

430.4
430.5
430.4

1202.1
1205.9
1208.4

483.0
478.6
475.4

OCT.
NOV.
DEC.

778.4
782.4
785.3

430.4
429.5
430.2

1208.8
1211.9
1215.5

1994-JAN.
FEB.
MAR.

790.1
791.1
790.2

430 .2
429 . 8
4 3 1 , .7

APR.
MAY
JUNE

788.2
784.2
779.2

4 3 2 . .5
4 3 1 . ,7
428. 1

commercial
banks
504.8

preliminary




Institutiononlv monev

349.0
345.1

Large-denomination time deposits 3
commercial
4

institutions

banks

institutions

853 . 8
846.8

345.3
345.9

198.0
197.7

284.1
279 . 8

839 . 4
832 . 4
823 . 9

345 .9
348 .5
347 . 5

196.3
198.0
194.7

283 .6
283 . 6
280 .9

331.5
328.0
324.5

814 . 5
806 . 6
799 .9

346 .6
345 .5
345 .0

192.6
190.1
190.8

277 . 4
277 .8
276 .6

341.8
341.6
340.4

472.4
469.5
468.5

322.4
321.1
317.1

794 .9
790 .6
7 8 5 , .6

344 .4
3 4 7 .0
3 4 8 . .8

194.3
194.8
197.0

2 7 7 .9
2 7 5 , .9
2 7 7 .. 1

341.6
339.4
339.0

1220 .3
1 2 2 0 .9
1 2 2 1 , .9

465 .5
463 .9
462 .6

314.0
310.5
308.6

779. 5
774. 5
771. 1

347. 8
343. 7
348. 4

192.7
176.9
177.4

279. 5
274. 0
270. 0

62.0
61.7
60.9

341.5
335.7
330.9

1 2 2 0 . .7
1215. 9
1207. 3

4 6 1 . .6
4 6 4 . .0
466. 7

307.1
305.2
303.9

768. 6
769. 2
770. 6

361. 5
365. 1
359. 3

177.0
169.3
169.5

269. 3
273. 7
273. 7

61.2
59.8

330.5
333.5
333.8

R P 3 — a r e lh0Se l s s

66.C
65.1

60.1

350.1
344.8

330.2
333,0
338.8
340.7

Sayings deposits include money market deposit accounts.
thrifts a % S S % % % a » % % o s & ! ° ' " ' '

General
purpose and

"

e d a m o u n l s 0 1 l e s s , h a n $1

00,000. All IRA and Keogh account balances at commercial banks and

Page 6
H.6 (508)
Table4- continued

_____

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Debt components4

Non-M3 Components of L
Date
Savings bonds

Short-term Treasury
securities1

Bankers acceptances2

Commercial paper3

Federal debt

Non-Federal debt

1993-FBB.
MAR.

160.8
162.4

339.4
338.5

20.0
19.4

359.4
361.5

3090.8
3121.1

8684.3
8695.3

APR.
MAY
JUNE

163.6
164.7
165.9

342.4
344.8
346.5

19.3
19.2
18.5

367.1
371.8
370.9

3149.0
3175.8
3208.1

8716.3
8738.2
8777.1

JULY
AUG.
SEP.

167.1
168.2
169.2

344.3
343.8
328.0

17.4
16.5
16.4

370.4
379.5
378.4

3227.8
3252.2
3271.3

8815.7
8844.0
8885.6

OCT.
NOV.
DEC.

170.1
170.8
171.7

323.7
324.6
329.3

16.4
15.3
14.6

384.7
384.1
386.8

3266.3
3291.1
3327.6

8928.2
8952.9
8989.7

1994-JAN.
FEB.
MAR.

172.7
173.4
174.1

339.1
341.6
345.6

14.9
15.3
15.7

391.6
403.0
389.6

3335.8
3350.3
3375.4

9043.5
9078.0
9109.9

174.8
175.7

361.0
358.4

14.1
11.4

384.9
391.0

3383.6
3395.4

9147.2
9179.7

APR.
MAY p

1,

C o n s i s t s of U . S . T r e a s u r y bills a n d c o u p o n s w i t h r e m a i n i n g m a t u r i t i e s of less t h a n 1 2 m o n t h s h e l d b y o t h e r t h a n d e p o s i t o r y institutions, F e d e r a l R e s e r v e B a n k s , m o n e y m a r k e t

2

N e t o f b a n S ^

I
p

a c c e p t i n g b a n k s , F e d e r a l R e s e r v e B a n k s f o r e i g n official institutions. F e d e r a l H o m e L o a n B a n k s , a n d m o n e y m a r k e t m u t u a l f u n d s .
' e v e K = " d h a v e b e e n a * s , e d ,= remove d , s c o n c e s .

preliminary




Page 7
H.6 (508)
Table 5

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Currency1

Travelers
checks2

Demand
deposits3

1993-FEB.
MAR.

295.3
297.9

7.7
7.8

APR.
MAY
JUNE

301.3
304.4
307.4

JULY
AUG.
SEP.

Date

Overnight RPs8

Overnight
Eurodollars9

At commercial
banks4

At thrift
institutions5

Total

In M2

In M3 only

334.3
336.5

284.2
286.5

101.5
103.0

385.7
389.5

2461.2
2464.1

665.3
661.6

60.7
62.7

17.0
16.1

7.8
7.9
8.2

350.5
352.0
359.6

291.9
287.6
290.6

107.3
106.2
107.5

399.2
393.8
398.0

2456.4
2449.2
2451.2

662.2
671.3
659.7

62.5
61.7
64.8

14.7
13.5
13.7

311.0
312.8
314.8

8.4
8.4
8.2

365.9
367.9
373.1

290.9
292.1
295.0

108.5
107.7
108.0

399.3
399.7
403.0

2445.3
2440.1
2434.7

650.1
654.6
651.2

67.7
67.4
70.5

13.5
14.7
14.9

OCT.
NOV.
DEC.

317.3
319.8
324.9

8.0
7.7
7.6

381.1
391.1
402.6

295.6
299.6
306.3

109.8
111.4
112.4

405.3
410.9
418.6

2434.1
2439.2
2436.4

652.1
659.9
659.4

72.1
73.0
74.3

17.2
17.4
17.8

1994-JAN.
FEB.
MAR.

324.0
327.3
330.7

7.7
7.7
7.8

393.1
380.6
380.7

306.8
299.6
301.6

111.2
109.5
111.3

417.9
409.1
412.9

2436.7
2432.2
2449.3

655.7
641.0
633.4

76.8
76.1
79.5

18.0
16.9
18.4

APR.
MAY
JUNE

334.4
337.3
340.6

7.8
7.9
8.3

390.3
378.9
383.6

306.4
298.1
299.5

114.4
110.9

111.1

420.8
409.1
410.6

2454.1
2443.5
2434.9

631.3
631.1
631.8

78.2
76.3
76.3

16.4
18.3
20.1

338.1

8.0

373.2

294.8

108.4

403.2

2441.5

636.0

77.0

21.2

Week e n d l n c r
1994-MAY 30

1.
2
3.

Nontransactions components

Other checkable deposits

6

7

JUNE

6
13
20
27

340.3
340.9
340.7
340.2

8.1
8.2
8.3
8.5

390.3
387.8
383.2
372.6

304.5
303.0
300.2
293.1

114.7
112.6
110.8
107.4

419.2
415.6
410.9
400.5

2442.0
2443.0
2430.0
2425.2

630.6
639.4
631.8
629.0

76.0
75.6
76.1
75.3

20.0
19.4
18.4
20.5

JULY

4
11
18p
25p

344.7
345.5
344.2
343.7

8.6
8.7 e
8.8 e
8.9 e

389.8
396.8
391.6
379.5

300.8
303.0
297.7
294.0

112.5
114.1
110.9
107.9

413.4
417.1
408.6
401.9

2438.6
2444.8
2444.1
2438.7

623.7
628.3
635.1
640.8

81.0
75.6
75.4
76.4

24.5
24.5
24.7
24.4

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.
.
Outstanding amount of U.S. dollar-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 depository institutions, the U.S. government and foreign banks and official
institutions, less cash items in the process of collection and Federal Reserve float.
4. Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.
5
Consists of NOW and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts.
6
Sum of overnight RPs and Eurodollars, money market fund balances (general purpose and broker/dealer), savings deposits (including money market deposit accounts) and small time deposits.
7. Sum of large time deposits, term RPs and Eurodollars of U.S. residents, money market fund balances (institution-only), less the estimated amount of overnight RPs and
Eurodollars held by institution-only money market mutual funds.
8
Consists of overnight and continuing contract RPs issued by all depository institutions to other than depository institutions and money market mutual funds (general purpose and broker/dealer),
g] issued by foreign branches of U.S. banks worldwide to U.S. residents other than depository institutions and money market mutual funds (general purpose and broker/dealer).

http://fraser.stlouisfed.org/
e
estimated
p
preliminary
Federal Reserve Bank of St. Louis

Paged

H.6 (508)
Table 5 - continued

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

Savings deposits1
Date

Institutiononly money
market funds

Large-denomination time deposits3

At
commercial

At
thrift

1993-FEB.
MAR.

754.0
758.5

424.7
426.0

1178.7
1184.5

504.7
501.3

349.0
344.8

853.6
846.1

351.2
354.8

208.4
201.1

282 . 5
279 . 7

65.7
65.0

348.2
344.8

APR.
MAY
JUNE

761.9
767.2
773.6

427.4
428.6
430.9

1189.3
1195.8
1204.5

496.1
490.7
487.1

342.4
339 . 7
336.0

838.5
830.5
823.0

351.4
347.7
345.2

195.6
199.7
191.0

282 .7
285 .8
282 . 8

65.1
65.2
64.8

347.8
351.0
347.6

JULY
AUG.
SEP.

773.6
776.0
776.7

431.4
430.8
429.7

1205.0
1206.9
1206.4

483.9
479.6
476.7

332.2
328.6
325.4

816.1
808 .2
802.0

343.0
343.0
340.8

188.6
190.1
187.5

277 . 1
279 .5
277 .6

64.4
64.3
64.0

341.5
343.8
341.6

OCT.
NOV.
DEC.

777.7
784.0
783.9

430.0
430.4
429.4

1207.7
1214.4
1213.2

473.3
468.8
467.6

323.0
320.7
316.4

796.3
789.5
783.9

340.7
345.0
347.2

189.2
194.0
195.8

277 .6
276 .2
276 .0

63.7
63.6
61.6

341.3
339.8
337.6

1994-JAN.
FEB.
MAR.

786.1
787.7
791.3

428.0
427.9
432.3

1214.1
1215.6
1223.6

465.6
463.8
462.1

314.1
310.4
308.3

779.7
774.2
770.4

348.1
349.4
357.4

196.2
186.1
180.5

276 .5
2 7 2 .3
269 .8

61.4
61.3
60.9

337.8
333.6
330.7

APR.
MAY
JUNE

790.6
784.8
781.9

433.8
432.1
429.6

1224.4
1216.9
1211.5

461.2
463.0
466.3

306.8
304.5
303.6

767.9
767.5
769.9

367.2
364.5
357.1

176.2
171.0
166.3

2 6 8 , .6
2 7 6 . .0
2 7 5 , .5

61.0
60.4
60.5

329.7
336.4
336.1

782.6

430.4

1213.0

464.1

303.5

767.6

362.7

167.8

2 7 8 . ,9

60.3

339.2

Week e n d l p g
1994-MAY
30

Total

At
commercial

At
thrift
II IS 11IUHUMS

At
commercial
bank;s4

At
thrift
institutions

Total

JUNE

6
13
20
27

785.8
786.8
780.7
776.9

432.0
431.4
429.4
427.0

1217.8
1218.2
1210.1
1203.9

464.8
465.5
466.1
467.4

303.7
303.8
303.9
303.4

768.5
769.3
770.0
770.7

359.7
360.4
355.4
354.7

165.4
168.4
165.1
166.2

276.
277.
276.
274.

7
7
3
5

60.6
60.6
60.5
60.5

337.3
338.3
336.8
335.0

JULY

4
11
18p
25p

779.2
782.6
781.3
777.2

427.5
428.1
426.3
424.0

1206.7
1210.8
1207.6
1201.2

468.9
469.4
470.1
470.8

303.5
303.9
304.5
305.3

772.3
773.4
774.7
776.0

354.0
360.6
361.7
360.7

166.5
167.4
166.8
167.6

269.
272.
276.
279.

3
5
6
4

60.7
60.7
60.7
60.5

330.0
333.2
337.3
339.9

1

R a v i n n Q r l o n n c i t c i n r l n r Ho m n n o u m d r l / o t

2
'
3.
4.

baTks ? n S I t e t o m & ^ t t

p

Total

General
purpose and
broker/dealer
money

Small-denomination time deposits2

9
me
and
!ftoal°instimtioVs
and official
institutions,

preliminary




l

! i u
^

c

n

n d l £ 5 t e

4 , e

°mmercia?baiS

01 less , h a n

bjmon™TOS

$1 "0,000. All IRA and Keogh account balances at commercial
and foreign banks

Page 9
H,6 (508)
Table 5 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Term RPs1
At commercial
banks

At thrift
institutions

Total

Term
Eurodollars2

1993-FEB.
MAR.

6 0 . .2
63.7

22.1
22.3

82.3
86.0

46.8
49.9

161.0
162.9

340.6
342.0

20.2
18.9

359.1
361.6

3087.3
3121.4

8662.8
8671.3

APR.
MAY
JUNE

6 5 , .9
6 6 , .6
7 0 , .2

22.9
23.2
22.6

88.9
89.8
92.8

48.8
48.8
45.5

164.2
165.2
166.1

334.0
336.6
340.7

18.7
19.1
18.5

369.7
366.7
369.5

3142.9
3161.1
3188.9

8695.1
8722.0
8762.9

JULY
AUG.
SEP o

72 .7
7 1 .9
71 .1

23.7
24.2
24.5

96.4
96.0
95.6

41.9
44.1
45.2

167.0
167.8
168.7

339.9
342.4
326.0

17.4
16.3
15.9

367.3
374.6
380.2

3201.8
3229.4
3251.9

8801.9
8827.8
8871.5

OCT.
NOV.
DEC.

70.2
69 .3
7 0 .3

24.0
24.7
25.0

94.2
94.0
95.3

45.0
48.9
47.0

169.6
170.6
171.4

321.8
332.5
342.0

16.3
15.7
15.3

385.2
385.6
389.3

3249.4
3287.0
3329.5

8915.9
8947.2
8990.3

1994-JAN.
FEB.
MAR.

65 .8
63 . 4
66 . 0

25.5
25.9
25.1

91.3
89.3
91.2

46.0
48.1
47.0

172.6
173.7
174.6

344.6
342.9
349.4

15.6
15.5
15.2

398.9
402.0
389.7

3333.0
3345.4
3374.4

9032.1
9055.0
9085.7

APR =
MAY
JUNE

69 . 1
65 . 5
67 . 5

25.1
26.2
27.9

94.2
91.7
95.3

47.8
47.7
48.4

175.4
176.2 p

351.8
349.8 p

13.7
11.3 p

387.3
385.0 p

3376.8
3379.7 p

9128.3
9166.0 p

67 . 2

26.8

94.1

48.9

Date

Week e n d i n a
1994-MAY
30

1
2

Debt components6

Non-M3 Components of L

JUNE

6
13
20
27

67
70
68
65

.3
.0
.0
.6

27.1 .
27.8
27.6
28.5

94.4
97.8
95.6
94.1

47.7
48.8
48.7
48.4

JULY

4
11
18p
2 5p

64
64
67
67

.9
.9
.5
.3

28.6
29.0
29.6
29.8

93.5
93.9
97.0
97.1

48.4
48.4
49.5
51.5

Savings bonds

Short-term
Treasury
securities3

Bankers
acceptances4

Commercial
paper5

Federal debt

Non-Federal
debt

4.
5.
6.

T~rm RPs are those with original maturities greater than one day, excluding continuing contracts and retail RPs.
"i -m Eurodollars are those with original maturities greater than one day. Consists of those issued to U.S. residents by foreign branches of U.S. banks world-wide and by all
banking offices in the United Kingdom and Canada. Excludes those held by depository institutions and money market mutual funds.
Consists of U.S. Treasury bills and coupons with remaining maturities of less than 12 months held by other than depository institutions, Federal Reserve Banks, money market
mutual funds, and foreign entities.
Net of bankers acceptances held by accepting banks, Federal Reserve Banks, foreign official institutions, Federal Home Loan Banks, and money market mutual funds.
Total commercial paper less commercial paper held by money market mutual funds.
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities.

p

preliminary

3.




H.6 (508)
Table 6

Page 10

MEMORANDUM ITEMS

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

U.S. government deposits
At
commercial
banks

35.4
22.8

2 .5
2 .4

146. .9
147. .7

122 .6
1 2 1 .2

45,.6
45,.6

315.1
314.4

14.5
16.1
21.1

26.5
26.1
34.6

1 .5
2 .6
3 .0

148. .0
1 4 6 . .9
146. .5

119, .8
119, . 1
118. .5

45 . 1
46..0
46,.7

313.0
312.0
311.7

6.9
5.7
9.3

21.4
20.0
23.2

32.5
29.5
37.9

2 .8
3 .1
2 .8

1 4 6 . .4
1 4 6 .. 1
1 4 5 . .8

1 1 8 . .0
1 1 7 . .5
1 1 6 . .9

4 7 ..3
4 7 ..4
47..5

311.7
310.9
310.2

4.5
4.0
5.2

5.9
5.6
6.7

12.6
8.8
16.2

23.1
18.4
28.1

2 .6
2 .7
2 .6

1 4 5 . .2
1 4 4 . .6
1 4 4 . ,2

1 1 6 . .2
1 1 5 . .4
1 1 4 . .7

48.. 1
49. . 1
49..8

309.5
309.1
308.7

11.0
11.0
11.0

5.7
4.2
4.3

7.3
6.3
5.2

25.2
27.9
15.7

38.3
38.4
25.1

2 .1
2 .5
2 ..4

1 4 3 . .9
1 4 3 . .6
142. 6

1 1 4 . ,2 e
1 1 4 .. 1 e
1 1 4 . ,0 e

5 0 .. 1 e
50. 7 e
51. 5 e

308.3 e
308.3 e
308.2 e

1.6
1.5
1.5

11.0
11.0
11.1

7.1
4.2
5.3

5.6
5.9
5.9

20.8
24.3
18.4

33.6
34.4
29.6

2 . .0
3 .. 1
2 . .9

142. 2
142. 2
142. 3

114. 0 e
114. 0 e
113. 8 e

52. 6 e
53. 3 e
53. 8 e

308.9 e
309.5 e
309.9 e

7.7

1.3

11.0

3.6

5.1

8.6

17.3

3 ., 1

Balance
at
Federal
Reserve

10.3
10.5

4.3
4.2

5.9
5.4

25.2
13.2

1.7
1.6
1.6

10.8
11.5

5.8
4.2
5.4

6.2
5.8
8.1

8.5
8.1
8.5

1.7
1.6
1.5

11.5
11.2
10.8

4.2
3.8
5.5

OCT.
NOV.
DEC.

8.3
8.2
9.2

1.6
1.8
1.6

10.7
10.8
10.9

1994-JAN.
FEB.
MAR.

8.5
8.3
7.9

1.6
1.5
1.6

APR.
MAY
JUNE

8.4
8.0
8.3

Foreign
commercial
banks

Foreign
official
institutions

1993-FBB.
MAR.

8.7
8.3

1.5
1.6

APR.
MAY
JUNE

7.8
8.3
8.2

JULY
AUG.
SEP.

Week; e i j d i n g
1994-MAY
30

IRA and Keogh Accounts
Time and
savings
deposits at
commercial
banks

Demand
deposits at
commercial
banks

Date

e
p

Time and
savings
deposits due
to foreign
banks and
official
institutions

n.i

Note
balances at
depository
institutions

Total
cash
balance

JUNE

6
13
20
27

8.3
8.8
8.1
7.9

1.5
1.4
1.4
1.7

11.0
11.0
11.1
11.1

4.8
3.9
9.5
3.9

4.9
4.6
6.5
7.2

12.0
4.3
17.9
35.6

21.7
12.9
34.0
46.7

3 . ,0
3. 0
2. 9
2. 9

JULY

4
11
18p
25p

8.3
9.3
8.6
8.2

1.7
1.4
1.4
1.6

11.1
10.7
10.7
10.7

6.1
4.1
5.6
3.3

6.4
5.5
5.0
5.2

24.8
7.5
5.7
11.5

37.3
17.1
16.2
20.0

2.
2.
2.
2.

estimated
preliminary




6
4
8
8

At
thrift
institutions

At
money
market
funds

Total