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FEDERAL

RESERVE

statistical

release
For immeaiate release
January 16, 1975

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 December 25, was $92.4 billion. This was $5.2 billion more than
reported for the November survey. A year ago all reporting banks had $64.6
billion of large denomination certificates outstanding.
The c e r t i f i c a t e s m a tu rin g on M arch 10, M arch 17 and A p r i l 15
t a x and d iv id e n d d a t e s t o t a l e d $2,624 b i l l i o n com pared w ith $2,353 b i l l i o n
th e c o r r e s p o n d in g s u rv e y a y e a r a g o .

fo r

The a v e r a g e m a t u r i t y o f t o t a l c e r t i f i c a t e s o u t s t a n d i n g was 2.0
m onths com pared w ith 2.1 f o r th e p r e v io u s s u r v e y .
F o r th e co m p a ra b le s u rv e y
a y e a r a g o , th e a v e r a g e m a t u r i t y f o r o u ts ta n d in g c e r t i f i c a t e s was 2 . 1
m o n th s.

The distribution of maturities by bank size is shown on the back
of this release.
OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS, DECEMBER 25, 1974.

In millions
of dollars

CD's Maturing in

Percentage
distribution

Cumulative
percentage

1974— December 26-31
1975— January
February
March 1/
April 2/
May
June
July
August
September
October
November
December

7,874.5
35,540.2
18,482.4
13,857.1
7,098.0
3,233.3
2,564.5
843.5
489.6
315.8
419.1
406.7
244.3

8.5
38.5
20.0
15.0
7.7
3.5
2.8
.9
.5
.3
.5
.4
.3

8.5
47.0
67.0
82.0
89.7
93.2
96.0
96.9
97.4
97.7
98.2
98.6
98.9

Over 12 months

990.7

1.1

100.0

92,359.8

100.0

xxxx

Total
1 /

-r___ 1 --J ____A O O O

«1 1

1/ Includes $323 million maturing on March 10, and $1,131 million maturing
on March 17.

2/ Includaa $670 aillion maturing on April 15.



MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSITS
LARGE COMMERCIAL BANKS
By Size of Bank 1/
(Amounts in millions of dollars as of December 25, 1974)

Period of
maturity

Total
Under $200
million

1 e p o s i t s
D

o f

bank

2/
Cumulative
Total

J500 million $1 billion
$200 million
Total
to $500 million to $1 billior and over

456.2

946.1

1, 246.0

5,226.1

7,874.4

7,874.4

1975— January
February
March

1,780.3
703.5
458.2

4, 200.3
1, 788.1
1, 310.6

4, 998.7
2, 392.4
1, 581.6

24,560.9
13,598.5
10,506.6

35 ,540.2
18 ,482.5
13,857.0

43,414.6
61,897.1
75,754.1

March 10
March 17

26.9
32.6

73.7
72.1

87.2
114.0

635.0
912.6

822.8
1,131.3

218.2

739.8

806.4

5,333.7

7,098.1

8.5

29.1

34.9

597.4

669.9

May
June
July
August
September
October
November
December

150.2
106.2
41.2
37.8
28.0
17.6
17.5
8.4

306.6
250.8
92.1
60.2
69.9
43.2
49.8
33.0

405.2
264.2
103.8
91.9
58.7
80.2
64.7
39.1

2,371.3
1,943.4
606.4
299.8
159.1
278.0
274.6
163.6

3,233.3
2,564.6
843.5
489.7
315.7
419.0
406.6
244.1

86,085.5
88,650.1
89,493.6
89,983.3
90,299.0
90,718.0
91,124.6
91,368.7

1976— January or
later

68.0

82.2

344.4

496.1

990.7

92,359.4

4,091.3

9 ,972.7
.

12,477.3

65,818.1

92 ,359.4

Average Maturity
(in months)

1.9

1.9

2.1

2.0

2.0

Number of banks
reporting

89

87

49

36

261

1974— Dec. 26-31

April
April 15

Total

|

82,852.2

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




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