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FEDERAL

RESERVE

statistical

release

For immediate release
June 24, 1975

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 May 28, was $83.5 billion. This was $.6 billion
less than reported for the April survey. A year ago all reporting banks
had $79.6 billion of large denomination certificates outstanding.
The certificates maturing on June 10 and June 16 tax and dividend
dates totaled $4,365 billion compared with $4,968 billion for the
corresponding survey a year ago.
The average maturity of total certificates outstanding
was 2.7 months compared with 2.6 for the previous survey. For the
comparable survey a year ago, the average maturity for outstanding
certificates was 2.1 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, 1975

CD s maturing in
1975

1976

May 29 - 31
June 1/
July
August
September
October
November
December
January
February
March
April
May

Over 12 months
Total

[n million of
dollars

Percentage

Cumulative

3,424.8
27,719.3
17,211.8
10,262.9
6,126.2
5,077.7
4,174.9
1,444.3
2,110.1
1,581.8
1,069.8
762.3
726.5

4.1
33.2
20.6
12.3
7.3
6.1
5.0
1.7
2.5
1.9
1.3
.9
.9

4.1
37.3
57.9
70.2
77.5
83.6
88.6
90.3
92.8
94.7
96.0
96.9
97.8

1,741.6

2.1

100.0

83,433.8

100.0

J / Includes $1,328 million maturing on June 10, and $3,038 million on June 16.
L




MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSITS
LARGE COMMERCIAL BANKS
By Size of Bank 1/
(Amounts in millions of dollars as of May 28, 1975

Period of
maturity

Total
Under $200
million

)
I e p o s i t s of

bank

2/

Cumulative

$200 million to $500 million $1 billion
to $1 billion and over
$500 million

Total

Total

198.8
1,668.4

418.7
3,405.0

424.2
4,382.5

2,383.0
18,263.3

3,424.7
27,719.2

June 10
June 16

55.7
184.0

123.9
320.7

148.7
435.9

999.1
2,097.2

1,327.4
3,037.8

July
August
September
October
November
December

763.3
466.2
246.7
130.7
130.2
45.2

1,609.5
992.6
618.2
393.3
346.1
116.7

2,294.8
1,260.6
776.1
680.5
551.7
230.3

12,544.1
7,543.4
4,485.2
3,873.1
3,146.9
1,052.2

17,211.7
10,262.8
6,126.2
5,077.6
4,174.9
1,444.4

48,355.6
58,618.4
64,744.6
69,822.2
73,997.1
75,441.5

57.9
45.4
50.7
53.8
40.2

131.4
113.6
85.5
68.5
69.6

199.4
175.2
134.6
89.3
141.6

1,721.4
1,247.6
799.0
550.6
475.0

2,110.1
1,581.8
1,069.8
762.2
726.4

77,551.6
79,133.4
80,203.2
80,965.4
81,691.8

85.4

101.7

195.4

1,359.0

1,741.5

83,433.3

3,982.9

8,470.4

11,536.2

59,443.8

83,433.3

2.4

2.3

2.6

2.8

2.7

78

50

37

1975 May 29 - 31
June

1976 Jai uary
February
March
April
May
June or later
Total
Average Maturity
(in months)
Number of banks
reporting

81

3,424.7
31,143.9

246

1/ 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.
Details may not add to totals because of rounding.




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