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FEDERAL

RESERVE

statistical

release
For immediate release,
July 27,

G.9

maturity d is t r ib u t io n

of

1976

ou t s t a n d i n g

NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
The t o t a l o f o u t s t a n d i n g n e g o t i a b l e t i m e c e r t i f i c a t e s o f
d e p o s i t s ( C D ' s ) i n d e n o m i n a t i o n s o f $ 1 0 0 , 0 0 0 o r more a t l a r g e com­
m e r c i a l banks a s o f J u n e 3 0 , was $ 7 0 . 6 b i l l i o n .
T h i s was $ 2 . 3 m i l ­
l i o n more t h a n r e p o r t e d f o r t h e May s u r v e y .
A y e a r ago a l l r e p o r t ­
i n g banks had $ 8 1 . 9 b i l l i o n o f l a r g e d e n o m i n a t i o n c e r t i f i c a t e s o u t stand ing.
The c e r t i f i c a t e s m a t u r i n g on S e p t . 10 and S e p t . 15 t a x and
d i v i d e n d d a t e s t o t a l e d $ 1 , 3 4 2 m i l l i o n compared w i t h $ 2 , 0 0 5 m i l l i o n
for

the c o r r e s p o n d i n g survey a y e a r ago.

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 . 9 months c ompared w i t h 3 . 0 f o r t h e p r e v i o u s s u r v e y .
F o r the
comparable s u rv ey a y e a r ago, the a v e r a g e m a t u r i t y f o r o u t s t a n d i n g
certificates

was 2 . 8 m on th s.

The d i s t r i b u t i o n
the back of t h i s

of m a t u r i t i e s

by bank s i z e

is

shown on

release.

OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANK JUNE 3 0 , 1 9 7 6

CD' s m a t u r i n g i n

In m i l l i o n s
of d o lla rs

Percentage

23,966.8
12,616.8
9,291.4
5,907.2
5,298.9
5,102.5

34.0
17.9
13.2
8.4
7.5
7.2

34.0
51.9
65.1
73.5
81.0
88.2

Cumulative

1976

July
A u gu s t
September 1 /
October
November
December

1977

January
February
Mar ch
A pril
May
June

1,871.8
1,010.7
1,101.0
1,095.8
452.5
725.3

2.7
1.4
1.6
1.6
.6
1.0

90.9
9 2.3
93.9
95.5
96.1
97.1

Over 12 months

2,113.3

3.0

100.0

7 0,554.0

100.0

XXX

Total

1_/




Includes $286 million maturing on September 10 and $1,056 million
maturing on September 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 June 30, 1976

Period of
maturity

T o t a 1
Under $500
million

A s s e t s

$500 million
to $1 billion

of

bank

2/

Cumulate

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

Total

Total
23,966.9
36,583.8
45,875.2

1,129.6
526.3
392.7

2,239.0
951.5
661.2

6,925.4
3,658.8
2,639.8

13,672.9
7,480.3
5,597.7

23,966.9
12,616.9
9,291.4

9.3
35.3

10.1
59.9

64.2
302.5

202.4
658.2

286.0
1,055.9

October
November
December

220.4
186.5
160.7

346.0
249.6
248.1

1,565.9
1,099.9
1,293.1

3,774.8
3,762.9
3,400.6

5,907.1
5,298.9
5,102.5

January
February
March
April
May
June

83.5
42.5
45.4
49.1
31.2
41.4

143.8
81.0
76.9
91.2
52.2
70.1

472.6
270.8
244.8
292.3
118.2
191.0

1,171.9
616.5
733.9
663.1
250.8
422.8

1,871.8
64,055.5
65,066.3
1,010.8
1,101.0- ! 66,167.3
67,263.0
1,095.7
452.4
67,715.4
725.3
68,440.7

July or later

1976

62.6

115.8

565.9

1,369.0

2,113.3

2,971.9

5,326.4

19,338.5

42,917.2

70,554.0

. 2.7

2.6

2.8

3.0

2.9

79

62

83

17

241

July
August
September
September 10
September 15

1977

Total

Average Maturity
(in months)
Number of banks
reporting
1/
_
2/

Includes certificates in denominations of $100,000 or more issues by weekly
reporting banks.
Total assets as reported in the CALL Report of Condition on June 30, 1975.
Details may not add to totals because of rounding.




51,782.3
57,081.2
62,183.7

70,554.0

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