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For Immediate release
August IT, i960

MATURITY DISTRIBUTION OF OUTSTANDING
" r ' RFSFf!VENEGOTIABLE TIME CERTIFICATSS OF DEPOSIT

On July 27, 1966, 265 weekly reporting large commercial."banks reported
outstanding negotiable certificates of deposit (CD’s) in denominations of $100,000 or
more of $18.3 billion, virtually the same total amount that was reported; on June 29*
About 60 per cent of all outstandings mature in the three full months after the
survey date (October, 1966 ). The largest monthly totals fall due in August and
September.
I
•
The average maturity of all outstanding CD’s as of July 27 was; 3.6
months, compared to 3*7 months the end of June and 3 -8 months the middle; of May.
A distribution of maturities by size of bank is shown on the back of this release.
Since the end of June, banks with deposits of $200 million and under and $500
million to $1 billion increased the average maturity of their outstandings (from
3*6 to 3*8 months and from 3*7 to 3.8 months, respectively).
Outstanding Negotiable Time Certificates of Deposit
Large Commercial Banks, July 27, 19^6

CD’s Maturing in

In millions
of dollars

Percentage
distribution

Ckmiulative
percentage

1

1966— July 28-31
August
September l/
October
November
December

304.7

1.7
20.-5

3,748.9
4,046*3
2,689.9
1,447.4
1,793-5

22.1
14.7
7.9

9.8

1967— January
February
March.
April*
May
June
July
August or later

c

1,374.8
437-8
521.5
4l8.6

7-5
2.4

287.9
271.2
215.4
713-6

1.6
1-5
1.2
3-9

Total

18,271.5

1.7

22.2
44.3
59.1
67 .O
76.3
84.3

100.0

l/

2.9
2.3

86.7
89.6
91-9
93-4
94.9
96.1
100.0

Includes $234 million maturing on September 9 &nd $998 million maturing
on September 15*




(Over)

o
MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS

I

By Size of Bank 1/
(Amounts in millions of dollars, as of July 27, 1966)

1966

120.6
103.8

330.2

30.3

344.7

2.0
24.5

25.5
48-3

292.0

42.7
55-8

169.1

263.6

63.5

129.9

304.7

3,748.9
4,046-3

4,053-6
8,099-9

993.0

183.6
77-4

54.0
63-5
18.7

304.7

25.0

8O .3

Cumulative
i total

181.7
846.5

479-7

65.0

17*1

\

Total

220.5
2 ,839.5
3 ,118.2

36.8
458.7

j

September 9
September 15

7 8 .7

•

234.1

1
2,689-91,447.4
1,793.5

10 ,789.8
12 ,237-2
14 ,030.7

1,374.8
437-8
521.5
418.6

15 ,405.5
15 ,343.3

160.2

271.2

13.0

■41.2
31.1
8O .5

52.7
42.6
.53-9
48.4
97-1

997-8
290.9
380.4
282.9
207.9
129.1
523-0

215.4
713-6

598.6

1,779.3

2 ,380.7

13,513-0

18,271-5

Oct
Nov^i^i^
December

345.4
175-8

123-5

1,972-3
1,105-3
1 ,285.0

1
.

January
i
February
March
April
j
May
June
July
August or latex
Total

s

)

July 25-31
August
September

1967

0 t a L D e p o s i t

o f B a n k 2/
. __ . $200 millionf$200 million to *$500 mi lli or '$1 billion
and under | $500 million to $lbiIlior and over
I
•
•
T

Period of
maturity

50.8

18.8
22.2
19-5

18 .7
16.0
6.8

•

1
1 1.

2 8 7 .9

.6,364.8
i
16,783.4
17,071.3
1 7 ,342.5
3. -557.9
7
1.8,271-5

,

average maturity
(In months )
3-8
3-8
3.6
3.9
3.5
funiber of banks
reporting
50
265
93
37
85
standing
1/ Includes only negotiable certificates'in denominations of $100,000 or more out;
at weekly reporting large commercial "banks.
2/ Jjgi^reported in the Call Report of Condition of December
E n r olls may not add to totals because of rounding.




31 , 1965 .


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102