Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : November 16, 1971

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FEDERAL

Xa
lira

statistical

IjTBRARY

G. 9

V

RESERVE
r e l e a s e
For immediate release
November 16, 1971

rVE-S
"MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT

The total of outstanding negotiable time certificates deposit
(CD's) in denominations of $100,000 or more at large commercial banks as
of October 27 was $33.7 billion. This was $0.6 million more than reported
for the September survey. A year ago all reporting banks had $23.6 billion
of large denomination certificates outstanding.
The certificates maturing on December 10 and December 15 tax and
dividend dates totaled $1,620 billion compared with $925 million for the
corresponding survey a year ago.
The average maturity of total certificates outstanding was 3.3
months compared with 3.2 months for the previous survey. For the comparable
survey a year ago, the average maturity for outstanding certificates was 3.0
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, October 27, 1971

1971--October 28-31
November
December 1/
1972--January
February
March
April
May
June
July
August
September
October
November or later
Total
1/

Percentage
distribution

Cumulative
percentage

1,004.7
8,854.9
7,504.7
4,562.6
1,851.5
2,551.6
1,861.9
786.3
1,015.9
775.0
838.2
861.1
581.5
629.4

3.0
26.3
22.3
13.5
5.5
7.6
5.5
2.3
3.0
2.3
2.5
2.6
1.7
1.9

3.0
29.3
51.6
65.1
70.6
78.2
83.7
86.0
89.0
91.3
93.8
96.4
98.1
100.0

33,679.5

100.0

XXX

In millions
of dollars

CD's Maturing in

1
I

Inlcudes $345 million maturing on December 10 and $1,275 billion maturing on
December 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 October 27, 1971)

Period of
maturity

2/
of
ban k
D e p o s i t s
T o t a l
$200 million to $500 million $1 billion'
Under
to $1 billion and over
$200 million $500 million

Total

Cumulative
Total

1971
October 28-31
November
December

64.6
573.6
355.6

125.4
1,230.2
844.5

192.2
1,516.6
1,060.6

622.5
5,534.5
5,243.9

1,004.7
8,854.9
7,504.6

December 10
December 15

16.4
23.5

24.6
72.2

27.7
153.9

276.1
1,025.3

344.8
1,274.9

1,004.7
9,859.%*
17,364.2

•

1972
January
February
March
April
May
June
July
August
September
October
November or
later
Total
Average maturity
(In months)
Number of banks
reporting
1/
2/
~

272.5
119.4
131.6
94.7
42.6
56.1
42.7
35.8
55.5
30.8

654.1
241.2
269.6
211.2
101.8
114.5
94.8
64.7
103.2
74.0

754.9
314.8
312.2
281.5
123.4
107.9
127.7
71.0
120.9
72.9

2,881.1
1,176.0
1,838.0
1,274.3
518.4
737.3
509.8
666.5
581.4
403.8

4,562.6
1,851.4
2,551.4
1,861.7
786.2
1,015.8
775.0
838.0
861.0
581.5

47.5

66.4

173.4

342.0

629.3

1,923.0

4,195.6

5,230.0

22,329.5

33,678.1

3.2

3.1

3.2

3.3

3.3

86

83

50

37

21,926.8
23,778.2
26,329.6
28,191.3
28,977.%)
29,993.3
30,768.3
31,606.3
32,467.3
33,048.8

256

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




•

33,678.1