Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : December 23, 1970

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

FEDERAL

RESERVE
r e l e a s e

For immediate release
December 23, 1970
MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
The total of outstanding negotiable time certificates of deposit (CD's)
in denominations of $100,000 or more at large commercial banks as of November 25
was $25.3 billion. This was $1.7 billion more than reported for the October survey.
A year ago all reporting banks had $11.3 billion of large denomination certificates
outstanding.
The certificates maturing on the December 10 and December 15 tax
and dividend dates totaled $1,255 million, compared with $496 million for the
corresponding survey a year ago.
The average maturity of total certificates outstanding was 3.1 months,
compared with 3.0 months for the previous survey. For the comparable survey a
year ago, the average maturity for outstanding certificates was 3.2 months.
The distribution of maturities by bank size is shown on the back of
this release.

OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS, November 25, 1970
CD's Maturing in

1970--November 26-30
December 1/
1971--January
February
March
April
May
June
July
August
September
October
November
December or later
Total

1/

In millions
of dollars

Percentage
distribution

Cumulative
percentage

1,548.6
8,727.3
3,933.8
2,342.3
1,620.3
2,118.8
1,078.8
871.9
497.4
366.7
555.5
641.7
463.0
503.9

6.1
34.5
15.6
9.3
6.4
8.4
4.3
3.4
2.0
1.4
2.2
2.5
1,8
2.1

6.1
40.6
56.2
65.5
71.9
80.3
84.6
88.0
90.0
91.4
93.6
96.1
97.9
100.0

25,296.9

100.0

XXX

Includes $422 million maturing on December 10 and $833 million maturing on
December 15.




MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS
By Size of Bank 1/
(Amounts in millions of dollars as of November 25, 1970)

Period of
maturity

1970
November
December
December 10
December 15

1971
January
February
March
April
May
June
July
August
September
October
November
December
or later
Total
Average maturity
(in months)
Number of banks
reporting

T o t a l
of
b a n k
2/
D e p o s it s
Under
$200 million to $500 million $1 billion
$200 million $500 million
to $1 billion and over

Total

jCumulativ(
total

106.6
532.1

230.9
1,113.8

249.7
1,448.8

961.4
5,632.6

1,548.6
8,727.3

20.6
23.2

40.0
49.2

48.6
105.6

313.0
653.5

422.2
831.5

286.4
167.0
121.4
134.3
102.4
62.9
46.0
31.3
43.9
26.9
18.4

627.8
305.2
191.6
262.5
214.3
130.8
92.3
73.8
88.7
78.9
47.5

800.0
439.5
269.6
331.6
194.1
139.7
101.5
65.3
85.0
59.5
91.6

2,219.6
1,430.6
1,037.7
1,390.5
568.0
538.4
257.5
196.1
337.9
476.3
305.4

3,933.8
2,342.3
1,620.3
2,118.9
1,078.8
871.8
497.3
366.5
555.5
641.6
462.9

14,209.7
16,552.0
18,172.3
20,291.2
21,370.0
22,241.8
22,739.1
23,105.6
23,661.1
24,302.7
24,765.6

23.4

59.9

94.8

352.7

530.8

25,296.4

1,703.0

3,518.0

4,370.7

15,704.7

25,296.4

3.1

3.1

3.0

3.1

3.1

86

83

48

37

1,548.6
10,275.9

254

1/

Includes certificates in denominations of $100,000 or more issued by weekly reporting
banks.

2j

Total deposits as reported in the Call Report of Condition on December 31, 1965.
Details may not add to totals because of rounding.