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NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
On April 26 , 196?, 266 weekly reporting large commercial banks
reported $18.6 billion negotiable certificates of deposits (CD's) outstanding
in denominations of $100,000 or more. This was a decrease of $0.7 billion
since the previous monthly survey on March 29• The group of largest banks
accounted for almost all of the decline.
The month following the survey date continued to show the largest
amount maturing but the proportion of the total was smaller. For the March
survey 27 per cent matured before the end of April and for the April survey
23 per cent matured before the end of May.
The average maturity of all outstanding CD's, at 3.8 months, was
slightly longer than in the January and February surveys and was the
longest reported since monthly surveys were begun in June 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, April 26, 1967

CD's Maturing in

1967 — April 27-30
May
Junel/
July
August
September
October
November
December

1968— January
February
March
April
May or later
Total

Percentage
distribution

In millions
of dollars

432.9
3 ,908.3

2.3
21.0

3,684.4
2,572.2
1 ,479.9
1 ,701.3
1 ,212.8
324.8
938.0

13-9
8.0
9*2
6.5
1.7
5.0

19.8

561.4
299.4

384.7
309.4
771.5

.-

18 ,581.0

3.0
1.6
2ll
1.7
4.2

1
100.0

Cumulative
percentage
2.3
23.4
43.2
57-0
65 .O
74.2
80.5
82.4

87.5
90.5

92.1
94.2
95-8

100.0

1
l/lncludes $200 million maturing on June 12 and $702 million maturing
on June 15* •




(Over)

MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS
By Size of Bank l/
(Amounts in millions of dollars, as of April 26 ,

1967 )
—

Period of
maturity

T o t a l
Under
$200 million

2/

0 f
$200 million to $500 million $1 billion
$500 million to $1 billion and over
B a n &

D e p o s i t s

“i

.
Touaj.

Cumulate
total

1367
April 27-30
May
June

33-0
182.8
168.7

65.9
451.7

613.7

269.7
2 ,660.0

432.9
3 ,908.3

359-0

535.1

2,621.5

3,68^.4

June 12
June 15

10.7

22.6

20.0

31.7
64.8

138.0
582.0

20Q .4

327.4

422.8

171.6
176.8
131.8

202.2
232.0
190.0

1,702.3
1,037.9
1,241.6
844.4

2,572 .2
1 ,479.9
1,701.3
1 ,212.8
324J.8

July
August
m September
¥ October
November
December

119.8
68.2
50.9
46.6
9.4
31.5

32.5

64.3

432.9
4,341.2
8 ,025.6

701*9

42.8
74.4

62.4
105.7'

210.2
726.3

24.4
8.3

8.8

63.6
32.6
37.4

96.6
47.5

376.8
211.1

. 43.8
50.9

79.0
31.9

259.5

14.0
6.7

89.5

624.4

561 .4
299 .4
384 •7
309 .4
771 •5

773-1

2,029.7

2,772.^7

13,005.5

18,581 .0

3-1

3.5

3*8

3.9

10,597-8
12,077.7
13,779*0
14,991-8
15 ,316.6
16,254.6

3 ,8

938.0
1

1968
January
February
March
April
May or later
Total

Average maturity
(in months)
Number of banks
reporting

94

85

50

219.8

37

16 ,816.0
1 7 ,115.4
1 7 ,500.1
1 7 ,809.5
18 ,581.0

z e e

l/Includes only negotiable certificates in denominations of $100,000 or more outstanding
at weekly reporting large commercial banks.
'As reported in the Call Report of condition of December
Details may not add to totals because of rounding.




31 , 1965*

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