Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : January 25, 1979

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FEDERAL
fi

RESERVE

statistical

r e l e a s e

For immediate release
January 25, 1979
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 27, was 99.9 billion. This was
$2.3 billion more than reported for the November survey. A year
ago, all reporting banks had $76.5 billion of large denomination
certificates outstanding.
The certificates maturing on March 12, March 15, and
April 16 tax and dividend dates totaled $3,960 million compared
with $2,529 million for the corresponding survey a year ago.
The average maturity of total certificates outstanding
was 3.1 months, and 3.2 months for the previous survey. For the
comparable survey a year ago, the average maturity for outstanding
certificates was 3.2 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 27, 1978
Cumulative
Percentage
In Millions
Percentage
Distribution
of Dollars
CD1s Maturing in
1978 December 28-31
1979 January
February
March
_1/
April
2/
May
June
July
August
September
October
November
December

3,631.3
30,630.3
13,992.2
11,968.1
11,897.0
10,061.7
7,982.1
1,627.0
1,518.8
941.8
857.1
708.6
511.2

3.6
30.6
14.0
12.0
11.9
10.1
8.0
1.6
1.5
.9
.9
.7
.5

3.6
34.2
48.2
60.2
72.1
82.2
90.2
91.8
93.3
94.2
95.1
95.8
96.3

Over 12 months

3,623.9

3.6

100.0

99,951.0

100.0

XXX

Total
1/

Includes $1,445 million maturing on March 10 and $1,111 million
maturing on March 15.
Includes $1,404 million maturing on April 16.


2/


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 27, 1978)

T o t a l
Period of
Maturity
1978 December 28-31
1979 January
February
March
April
May
June
July
August
September
October
November
December
1980 January
or later
Total

Average Maturities
(in months)

1Under $500
million

A s s e t s
$500 million
to $1 billion

of

Ban k

2/

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

Cumulative
Total

TOTAL

3,631.2
3,631.2
30,630.4 34,261.6
13,992.1 48,253.7
11,968.0 60,221.7
11,897.0 72,118.7
10,061.6 82,180.3®
7,982.0 90,162.3
1,627.0 91,789.3
1,518.8 93,308.1
941.7 94,249.8
857.2 95,107.0
708.6 95,815.6#
511.2 96,326.8

245.8
1,597.5
654.3
507.0
291.1
294.4
286.3
88.0
82.7
66.5
39.2
33.2
32.2

387.0
3,362.8
1,356.3
1,052.1
839.9
754.1
701.5
219.0
196.6
109.3
93.4
71.0
51.9

1,479.0
10,145.8
4,361.1
3,429.0
2,979.3
2,723.6
2,315.8
584.9
484.3
320.9
309.8
210.0
175.7

1,519.4
15,524.3
7,620.4
6,979.9
7,786.7
6,289.5
4,678.4
735.1
755.2
445.0
414.8
394.4
251.4

84.1

219.5

725.8

2,594.5

3,623.9

4,302.3

9,414.4

30,245.0

55,989.0

99,950.7

2.7

2.8

2.8

3.3

3.1

99,950.7

•

#
Number of banks
reporting

71

65

82

17

235
e=

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.




#