Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : December 3, 1974

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FEDERAL

RESERVE

statistical

release
For immediate release
December 3, 1974

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 October 30, was $87. 5 billion. This was
$1.6 million less than reported for the September survey. A year ago
all reporting banks had $65.5 billion of large denomination
certificates outstanding.
The certificates maturing on December 10 and December 16
tax and dividend dates totaled $2,500 billion compared with $3,351
billion for the corresponding survey a year ago.
The average maturity of total certificates outstanding
was 2.1 months compared with 2.2 months for the previous survey.
For the comparable survey a year ago, the average maturity for outstanding
certificates was 2.4 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, October 30, 1974

CD's Maturing in

In millions
of dollars

Percentage
distribution

1974--October 31
November
December 1/

2,127.7
30,172.2
20,969.1

2.4
34.5
24.0

2.4
36.9
60.9

1975--January
February
March
April
May
June
July
August
September
October

14,330.3
7,817.7
5,271.6
3,063.6
839.8
612.6
560.6
307.0
191.8
315.7

16.4
8.9

86.2

.4

92.2
95.7
96.7
97.4
98.0
98.4
98.6
99.0

915.0

1.0

100.0

Over 12 months




6.0
3.5
1.0
.7

.6
.4

.2

Cumulative
percentage

77.3

87,494.8
100.0
XXX
1/ Includes $1,070
million maturing on December 10,
and $1,431
million maturing on December 16.
TOTAL

“

MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSITS

LARGE COMMERCIAL BANKS
By Size of Bank 1/
(Amounts in millions of dollars as of October 30, 1974

Period of
maturity

1974

October 31
November
December
Dec. 10
Dec. 16

1975

January
February
March
April
May
June
July
August
September
October
November or
later
Total

Average Maturity
(in months)
Number of banks
report ing

T o t a l

D e p o s i t s

of

b a n k

2/

$200 million to $500 million $1 billion
Under
to $1 billion and over Total
$200 million $500 million

Cumulativ
Total
2,127.6
32,299.7
53,268.8

108.1
1,623.9
920.5

325.0
3,677.8
2,184.3

281.2
.4,322.7
2,964.1

1,413.3
20,547.7
14,900.2

2,127.6
30,172.1
20,969.1

29.1
56.7

106.1
148.6

105.4
219.0

828.9
1,006.5

1,069.5
1,430.8

668.2
236.6
147.8
124.3
38.7
36.6
33.7
32.0
23.0
13.1

1,616.1
667.2
448.5
488.4
93.9
89.1
63.5
40.4
46.7
36.5

1,918.7
969.2
641.0
385.6
133.7
67.0
43.6
39.7
69.1

10,127.2
5,944.7
4,034.3
2,065.3
573.4
400.8
396.4
191.0
82.4
196.9

14,330.2
7,817.7
5,271.6
3,063.6
839.7
612.7
560.6
307.0
191.8
315.6

67,599.0
75,416.7
80,688.3
83,751.9
84,591.6
85,204.3
85,764.9
86,071.9
86,263.7
86,579.3

65.8

82.9

245.9

520.2

914.8

87,494.1

4,072.3

9,860.3

12,167.7

61,393.8

87,494.1

2.1

2.1

2.2

2.1

2.1

89

87

49

36

261

86.2

i
i
i
i
!

1/ Includes certificates in denominations of $100,000 or more issued by weekly
reporting banks.
2/ Total deposits as reported in the Call Report of Condition on December 31, 1965.
Details may not add to totals because of rounding.