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FEDERAL

RESERVE

G.9

The total of outstanding negotiable time certificates of deposit
(CD's) in denominations of $100,000 or more at large commercial banks as of
May 28 was $17.0 billion. This was $.6billion less than the total reported for
the previous month's survey, and $2.5 billion less than the comparable survey a
year ago.
The certificates maturing on the June 10 and June 16 tax and dividend
dates totaled $860 million, compared to $1,335 million for the corresponding
survey a year ago.
The average maturity of total certificates outstanding, at 3.2 months,
was slightly shorter than the average maturity reported for the April 30 survey.
For the comparable survey a year ago, average maturity for outstanding certificates
was 3.1 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. May 28, 1969
_______
Percentage
Cumulative
In millions
CD's Maturing in
percentage
distribution
of dollars
1969— May 29-31
June 1/
July
August
September
October
November
December
1970— January
February
March
April
May
June or later
Total

1/

258.2
4,722.0
3,374.9
2,083.3
1,615.9
1,410.6
967.6
612.7

1.5
27.8
19.9
12.3
9.5
8.3
5.7
3.6

1.5
29.3
49.2
61.5
71.0
79.3
85.0
88.6

537.6
280.4
247.0
293.6
175.3
391.9

3.2
1.7
1.5
1.7
1.0
2.3

91.8
93.5
95.0
96.7
97.7
100.0

16,971.0

100.0

XXX

Includes $200 million maturing on June 10 and $660 million maturing on
June 16.

Details may not add to totals due to rounding.




MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS
By Size of bank 1/

D

(Amounts in millions of dollars, as of May 28, 1969)

Period of
maturity

Total
D e p o s i t s 3 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

Cumulative
total

258.0
4,980.0

1969
May 29-31
June

24.3
325.8

50.6
651.4

50.2
936.1

132.9
2,808.7

258.0
4,722.0

June 10
June 16

18.5
18.9

19.6
57.4

43.8
100.9

118.5
482.6

200.4
659.8

July
August
September
October
November
December

281.0
171.9
112.3
96.7
78.3
27.0

539.6
410.4
267.8
266.9
193.8
84.2

729.1
367.2
338.1
296.9
191.1
133.8

1,825.2
1,133.9
897.7
750.0
504.4
367.7

3,374.9
2,083.4
1,615.9
1,410.5
967.6
612.7

34.5
10.6
16.6
14.0
10.8
4.0

63.5
47.5
34.6
35.4
25.0
38.5

98.1
51.2
40.3
57.2
32.6
77.5

341.4
171.0
155.3
186.9
106.9
271.8

537.5
280.3
246.8
293.5
175.3
391.8

1,207.8

2,709.2

3,399.4

9,653.8

16,970.2

2.8

3.1

3.2

3.3

3.2

1970
January
February
March
April
May
June or later
Total
Average maturity
(in months)
Number of banks
reporting
1/
2/

90

85

51

37

8,354.9
10,438.3
12,054.2
13,464.7
14,432.3
15,045.0

15,582.5 /
15,862.8
16,109.6
16,403.1
16,578.4
16,970.2

263

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




o

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