Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : December 30, 1968

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RESERVE

FEDERAL

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statistical

G.9

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release

For immediate release
December 30, 1968

V

ISTRIBUTION OF OUTSTANDING
TLE 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 27 was $24.3 billion, compared with $23.3 billion reported
outstanding in the October 30 survey.
The certificates maturing on the December 10 and December 16
tax and dividend dates totaled $1,447 million, compared to $1,568 million
for the corresponding survey a year ago.
Reflecting the approaching tax and dividend dates average maturity
of total certificates outstanding, at 3.1 months, was slightly shorter
than the maturity average a month earlier. For comparable survey a year
ago, average maturity for outstanding certificates was 3.0 months.
Outstanding Negotiable Time Certificates of Deposit
CD's Maturing in

In millions
of dollars

Percentage
distribution

Cumulative
percentage

1968--November 28 - 30
December 1/

625.2
6,527.2

2.6
26.9

2.6
29.5

1969--January
February
March
April
May
June
July
August
September
October
November

5,346.6
3,081.8
2,102.8
1,702.9
1,311.1
1,076.9
614.6
393.8
388.3
395.4
179.1

22.0
12.7
8.7
7.0
5.4
4.4
2.5
1.6
1.6
1.6
.7

51.5
64.2
72.9
79.9
85.3
89.7
92.2
93.8
95.4
97.0
97.7

561.8

2.3

100.0

24,307.4

100.0

XXX

December or later
Total
1/

Includes $305 million maturing on December 10 and $1,142 million
maturing on December 16.
Details may not add to total due to rounding.




(Over)

MATURITY DISTRIBTUION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS
By Size of Bank V
(Amounts in millions of dollars, as of November 27, 1968)

Period of
maturity

T o t a 1

D e p o s i t ts

of

Bank

2/

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

Total

Cumulative
total

1968
November 28 - 30
December
December 10
December 16

48.7
308.7
15.5
27.8

59.2
783.0
26.4
63.0

113.5
1,168.6
65.3
141.5

403.7
4,266.8
198.1
909.4

625.1
6,527.1
305.3
1,141.7

625.1
7,152.2

1969
January
February
March
April
May
June
July
August
September
October
November
December or later

268.6
144.3
87.9
87.2
55.9
29.3
24.5
12.0
13.7
9.1
5.5
5.8

658.5
407.3
210.6
200.8
141.3
67.2
78.2
91.6
53.6
55.8
33.3
30.1

1,001.3
553.9
387.7
291.5
202.1
183.5
153.5
62.8
75.8
58.8
28.2
106.1

3.418.2
1,976.4
1,416.4
1.123.3
911.7
796.7
358.3
227.4
245.2
271.6
419.8

5.346.6
3,081.9
2,102.6
1,702.8
1,311.0
1.076.7
614.5
393.8
388.3
395.3
179.0
561.8

12,498.8
15.580.7
17,683.3
19,386.1
20,697.1
21.773.8
22.388.3
22,782.1
23.170.4
23,565.7
23,744.7
24.306.5

1,101.2

2,870.5

4,387.3

15,947.5

24,306.5

Total

112.0

Average maturity
2.6
3.1
3.1
(in months)
3.2
3.1
Number of banks
89
83
52
37
261
reporting
1 /
T -n /*> 1
«Ali — XT J
\_l 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.