View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL

7

RES Ef t VE

statistical

rele as «
For immediate release,
June 10, 1976

MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME. CERTIFICATES OF DEPOSIT

The total of outstanding negotiable time certifligates of
deposits (CD's) in denominations of $100,000 or more at l a n e com­
mercial banks as of April 28, was $67.? billion. This was v$5.4
million less than reported for theiMprch survey. A year ago all
reporting banks had $84.1 billion of large denomination certificates
outstanding.
The certificates maturing on June 10 and June 15 tax and
dividend dates totaled $2,577 million compared with $2,803 million
for the corresponding survey.a year ago.
The average maturity of total certificates outstliiding
was 3.0 months compared with 2.8 for the previous survey. $*or the
comparable survey a year ago, the average maturity for outstanding
certificates was 2.6 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 APRIL 28, 1976

CD's maturing in

In millions
of dollars

__ i _______________ ___
l
'
i
' Cumulative
’
— Percentage
*—
-----) 3.0
3.0
'
/ 29.4
32.4
20.5
52.9
14.0
66.9
6.6
73.5
6.7
80.2
N
6.4
86.6
1.8
88.4
2.4 .
90.8 .

1976

April 29-30
May
June 1/
July
AugustSeptember
October
Nove£>er
December

1977

January
February
March
April

1,504.7
852.8
933.1
929.1

2.2
1.3
1.4
1.4

Over 12 months

2,001.7

3.0

100.0
f

67,209.1

100.0

XXX

Total
1/

2,035.5
19,767.6
13,778.8
9,416.0
4,413.9
4,523.4
4,288.8
1,178.4
1,585.3

,

93.0
94.3
95.7
97.1

Includes $888 million maturing on June 10 and $1,688 million?
maturing on June 15.




-?6/.

2

IATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSITS
LARGE COMMERCIAL BANKS
By Size of Bank JL/
(Amounts in millions of dollars as of April 28, 1976)

Period oi

*

^

**
%
*
f
v
. * «*
.
%

July
August
September
October
November
December

'

Total

687.3
5,959.1
4,138.2

971.6
10,778.3
7,842.6

2,035.5
19,767.4
13,778.8

58.6
66.8

157.1
450.5

649.9
1,123.9

888.3
1,688.3

422.4
192.1
116.4
142.4
44.4
50.4

723.3
253.9
261.2
235.6
104.5
- 90.0

2,555.5
1,147.8
1,125.3
1,104,2
355.2
499.2

5,714.8
2,820.2
3,020.5
2,806.6
674.4
945.7

9,416.0
4,414.0
4,523.4
4,288.8
If178.5
1,585.3

44,997.7
49,411.7
53,935.1
58,223.9
59,402.4
60,987.7

67.5
30.7
.
41.0
: . 46.0

116.7
62.2
65.6
74.0

350.0
230.8
193.9
254.7

970.5
529.1
632.7
554.4

1,504.7
852.8
933.2
929.1

62,492.4
63,345.2
64,278.4
65,207.5

50.8

91.0

577.5

1,282.4

3,085.5

5,401.2

19,178.7

.
’39,543.8

•
%

May. or later ,

J

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

Total

22.7
47.1

Januarj/
February
j • ( March ' .
'
t
April »
. j
k

Cumulative

_______

255.2
1,927.1
1,140.9

June L0
June’^5

1

*

b a n k

121.4
1,102.9
657.1

Apr i 1 *29-30
. Mnv
Jane

4

of

A s s e t s

Under $500 j$500 million
to SI billion
mi llion

maturity

197^

1

I o t a

*

Total

2,035.5
21,802.9
35,581.7
*

2,001.7 ’ 67,209.2
*
•' j
*
67,209.2*

i#
•
*

i

•
\

*

.

r
*.
•
Average Maturity
months)

2.6

2.6

2.9

3.2 ‘

3.0

i

Nuanter of banks
anorting

79

60

83

239

1/ .iln^ude^ certificates in denominations of $100,000 or more -issues by weekly reporting
. banks. “
.
f"
'
2/ Total assets.as reported in the CALL Report of Condition on June-30, 1975.
^
J Details may not add to totals because of rounding.

,"
-'
4




1

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