Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : December 27, 1978

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mm-

FEDERAL
RESERVE
statistical release
For immediate release
December 27, 1978

G.9

MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT

The total of outstanding negotiable time certificates
of deposits (CD's) in denominations of $100,000 or more at large
commercial banks as of November 29, was $97.6 billion.
This was
$5.4 billion more than reported for the October survey. A year
ago, all reporting banks had $73.3 billion of large denomination
certificates outstanding.
The certificates maturing on December 11 and December 15
tax and dividend dates totaled $3,791 million compared with $4,597
million for the corresponding survey a year ago.
The average maturity of total certificates outstanding
was 3.2 months, the same as the previous survey. For the
comparable survey a year ago, the average maturity for outstanding
certificates was 3.3 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 29, 1978
CD's Maturing in
1978 November 30
December
1/
1979 January
Feburary
March
April
May
June
July
August
September
October
November
Over 12 months
Total

1/




In Millions
of Dollars
2,037.3
23,307.9
22,206.7
10,886.1
8,271.4
11,184.3
9,083.4
1,931.8
1,308.9
1,320.3
755.8
813.6
622.3
3,883.2
97,613.1

Percentage
Distribution
2.1
23.9
22.7
11.2
8.5
11.5
9.3
2.0
1.3
1.4
.8
.8
.6
4.0
100.0

Cumulative
Percentage
2.1
26.0
48.7
59.9
68.4
79.9
89.2
91.2
92.5
93.9
94.7
95.5
96.1
100.0
XXX

Includes $1,917 million maturing on December 11 and $1,874 million
maturing on December 15.

A1URXT: DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSITS

#

A*
LARGE COMMERCIAL BANKS
By Size of Bank 1/
(Amounts in millions of dollars as of November 29, 1978

T o t a 1

A s s e t s

of

B a n k

#

2/

$1 billion $5 billion
and over
to $5 billion

Period of
Maturity

Under $500
million

$500 million
to $1 billion

1978 November 30
December
1979 JanuaryFebruary
March
April
May
June
July
August
September
October
November
December
or later

155.8
1,441.6
999.1
438.2
297.3
253.1
265.7
102.3
73.7
73.1
60.3
35.1
27.3

270.1
2,991.7
1,989.6
923.4
582.8
744.2
660.0
218.2
183.8
166.4
84.8
81.9
62.4

724.6
8,203.8
7,086.1
3,114.4
2,268.0
2,761.2
2,325.9
700.8
483.6
393.0
216.1
297.5
~
163.8

886.8
10,670.8
12,132.0
6,410.2
5,123.3
7,425.8
5,831.9
910.6
567.8
687.8
394.6
399.1
368.9

2,037.3
23,307.9
22,206.8
10,886.2
8,271.4
11,184.3
9,083.5
1,931.9
1,308.9
1,320.3
755.8
813.6
622.4

96.6

232.5

725.5

2,828.6

3,883.2

Total

4,319.2

9,191.8

29,464.3

54,638.2

97,613.5

TOTAL

Cumulative
Total
@
2,037.3
25,345.2
47,552.0
58,438.2
66,709.6 m
77,893.9 ,
86,977.4
88,909.3
90,218.2
91,538.5
92,294.3
93,107.9 •
93,730.3
97,613.5

J#

Average Maturities
(in months)

2.6

2.8

2.9

3.4

3.2

m
Number of banks
reporting

71

65

82

17

235

*

v
1/
2/
~~

Includes certificates in denominations of $100,000 or more issued by weekly
reporting banks.
Total assets reported in the Call Report of Condition on June 30, 1975.
Details may not add to totals because of rounding.