Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : January 22, 1974

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F E DE RAL

R E S E R VE

statistical

release

ffcuRE^;.

For immediate release
January 22, 1974
MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT

G.9

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 26, was $64.6 billion. This was $0.5 million more than reported
for the November survey. A year ago all reporting banks had $44.9 billion
of large denomination certificates outstanding.
The certificates maturing on March 11, March 15, and April 15
tax and dividend dates totaled $2,353 billion compared with $2,468 billion
for the corresponding survey a year ago.
The average maturity of total certificates outstanding was 2.1 months
the same as for the previous survey. For the comparable survey a year ago,
the average maturity for outstanding certificates was 2.9 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, DECEMBER 26, 1973

CD's Maturing in
1973--December 27-31
1974--January
February
March 1/
April 2/
May
June
July
August
September
October
November
December
Over 12 months
Total
1/
2/

In millions
of dollars

Percentage
distribution

Cumulative
percentage

5,572.9

8.6

8.6

26,986.2
11,615.8
8,342.3
3,948.7
1,677.8
1,926.7
1,038.7
899.7
527.0
333.9
165.3
299.8

41.8
18.0
12.9
6.1
2.6
3.0
1.6
1.4
.8
.5
.3
.5

50.4
68.4
81.3
87.4
90.0
93.0
94.6
96.0
96.8
97.3
97.6
98.1

1,240.6

1.9

100.0

64,575.2

100.0

XXX

Includes $663 million maturing on March 11 and $1,171 billion maturing
on March 15.
Includes $518 million maturing on April 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 December 26, 1973)

T o t a l
Period of
maturity
1973 - ’
December 27-31
1974
January
February
March
March 11
March 15
April
April 15
May
June
July
August
September
October
November
December
1975
January or later

D e p o s i t s

o f

b •,a n k

2/

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

Total

Cumulat:
Total

312.2

737.2

1,029.2

3,494.1

5,572.7

5,572.

1,467.1
611.4
378.4
15.3
24.3
166.5
11.6
105.1
99.9
58.0
51.8
41.2
27.5
22.8
21.6

3,582.9
1,417.9
942.6
77.9
72.9
449.3
44.8
265.4
185.5
135.3
82.1
65.3
44.0
36.9
32.0

4,438.1
1,826.6
1,233.7
107.9
152.2
547.1
50.5
320.5
214.8
96.1
77.5
56.8
89.1
31.5
50.2

17,498.0
7,759.9
5,787.6
462.3
921.6
2,785.7
411.3
986.8
1,426.5
749.4
688.2
363.7
173.2
74.0
195.9

26,986.1
11,615.8
8,342.3
663.4-1
1,171.0
3,948.6
518.2
1,677.8
1,926.7
1,038.8
899.6
527.0
333.3
165.2
299.7

32,538.
44.174.
52,516.

121.2

131.6

298.3
10,309.5

689.4
42,672.4

1,240.5 84,574.
64,574.6

56,465.
58,143.
60,070.
61,108.
62,008.
62,535.
62,869.
63,034.
63,334.

8,108.0
3,484.7
TOTAL
Average maturity
2.1
2.1
2.0
2.3
2.1
(in months)
Number ot banks
37
265
51
87
|
90
reporting
Tj 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.