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NEGOTIABLE TIME CERTIFICATES OF DEPOSITS
Large commercial banks reported $19• 2 billion negotiable certificates
of deposit (CD's) outstanding in denominations of $100,000 or above. This
was only a slight increase over the total reported for the previous monthly
survey on May 31*
The month following the survey date showed the largest amount maturing,
as has been true in the previous monthly surveys. For the May survey 26.5 per
cent matured before the end of June and for the June survey 27*3 per cent matured
before the end of July. The current survey showed certificates maturing on the
September 11 and September 15 tax and dividend dates totaled more than $1 billion.
The average maturity of all outstanding CD’s at 3*5 months was down from
May and was shorter than for any monthly survey since December 1966.
. The distribution of maturities by bank size is shown on the back of
this release.
Outstanding Negotiable Time Certificates of Deposit
Large Commercial Banks, June 28, 1967

CD* s Maturing in

1967— June 29-30
July
August
September l/
October
November
December

1968 --January
February
March
April
May
June
July or later
Total

In millions
of dollars

794.9
1 ,415.2
*

2 ,906.1
3 ,196.4
1 ,655.9
980.2
1 ,693.5
9^8.9
411.2
472.6

362.9
285.1

316.6

Percentage
distribution

Cumulative
percentage

4.2
23.1

15*2
16.7
8.6
5.1
8.8
5.0

2.1
2.5
1.9
i-5

1 .7

711.7

3.7

19,151.2

67.8
72.9

8 1.7
86.7
88.8
91.3
93.2

94.7
96.4

100.0

100.0

l/ Includes $209 million maturing on September 11 and
maturing on September 15•
Details may not add to totals because of rounding.

(Over)


4.2
27.3
42 .5
59.2

$803

milliojn

I

©
MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS l/
By Size of Bank
(Amounts in millions of dollars, as of June 28,

T o t a l

Period of
maturity

$200 million

D e p o s i t s
$200 million to
$500 million

of

B a n k

1967 )

2/

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

Total

1 i 1
Cumulate
'Total
! |
:
•

1967
June 29-30
July
August
September
September 11
September 15
October
November
December

•■••♦January
February
March
April
May
June
July or later
Total
Average maturity
(in months)

Number of banks
reporting

V 7.3
195.0
152.7
122.1

81.2

128.6

563.6

738.2

534.7
2 ,918 .1-

334-7
332.2

1-28.5
137.2

1,990.2
2,305.0

7.0
l
8.ii-

15.9
31-.1

29.5

181.1
119.1
162.1

266.3
163.7

87.0

11-5.8

1-0.5

61.7
9I .2
I6.3
27.1

63.8
50.1

68.9
28.1
12.5
12.9

38.0

202.6

156.8
712.1
i,i4i. 3
617 .2 !
1 ,259.6 :
1
688.0 •
•
296.1318 .1-

209.2
802.6
1 ,655.9 12 .968.1980.1 13,948.51
1 ,693.5 15,61-2.0
918 .9
1-11.1

16,590.9
17 ,002.0
472.5 17 ,474.5
363.0 17 ,837.5
285.O 18,122.5
316.5 18 ,439.0

10.1
5.7

17.0
I7 .6
22.8
27.9
19 .1

1-9.6
93-3

228.9
563.3

79^-8

2,102.8

2,883.1

13,370.0

19,150.7

2.9

3.2

3.^

3*6

3.5

16.0
9.6

95

81

50

253.1
225.5

37

711.7 19,150.7

266

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*

D

Details may not add to totals because of rounding.




794.3

791.8

1 ,115.2 5,210.0
2,90^.1 8,116.1
3 ,196.5 11 ,312.6

i

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