Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : November 22, 1967

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rTBEAEY
—

For immediate release
November 22, 1967

-"MM'URITY d i s t r i b u t i o n o f o u t s t a n d i n g
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT

Large commercial banks reported $20.1 billion outstanding in
negotiable time certificates of deposit (CD's) in denominations of
$100,000 or more as of October 25, 1967. This was $.2 billion more
than the total on the last Wednesday of September. All of the increase
was in the group of the largest banks.
The current survey showed $1.4 billion maturing on December 11
and December 15, the forthcoming dividend and tax dates. The average
maturity for all certificates, at 3.4 months, was slightly shorter than
reported for the September survey.
A year ago the comparable survey showed $15.9 billion in out­
standing CD's with an average maturity of 3.2 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 25, 1967

CDfs Maturing in

In millions
of dollars

Percentage
distribution

Cumulative
percentage

1967— October 26-31
November
December 1/

1,021.0
3,459.5
4,727.2

5.1
17.2
23.5

5.1
22.3
45.8

1968— January
February
March
April
May
June
July
August
September
October
November or later

3,614.3
1,483.2
1,458.7
1,362.6
525.9
543.7
424.8
374.1
289.8
228.4
594.7

18.0
7.4
7.3
6.8
2.6
2.7
2.1
1.9
1.4
1.1
3.0

63.8
71.2
78,5
85.3
87.9
90.6
92.7
94.6
96.0
97.1
100.0

20,107.9

100.0

Total

1/ Includes $242 million maturing on December 11 and $1,148 million
maturing on December 15.
Details may not add to totals because of rounding.




(Over)

MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS 1/
By Size of Bank
(Amounts in millions of dollars, as of October 25, 1967)

Period of
maturity

T o t a l
D e p o s i t ti o f B a n 1: Z.I
Under
$200 million to $500 million $1 billion
$200 million
$500 million to $1 billion and over

Total

1967
October 26-31
November
December

51.5
193.4
177.7

136.0
456.8
420.0

151.8
609.0
564.6

681.7
2, 200.4
3, 564.9

1, 021.0
3, 459.6
4, 727.2

December 11
December 15

4.8
14.8

21.8
44.8

32.1
69.0

183.0
019.7
I,

241.7
1, 148.3

1968
January
February
March
April
May
June
July
August
September
October
November or later

146.4
66.1
55.7
54.8
13.2
20.9
15.4
9.8
17.6
8.9
7.8

371.3
179.7
173.9
157.5
44.3
61.8
44.8
69.1
28.6
23.3
64.4

550.7
262.7
272.7
232.1
66.1
88.1
73.2
45.4
78.8
36.4
96.2

2, 545.8
974.6
956.4
918.2
402.2
373.0
291.3
249.7
164.7
159.7
426.3

3, 614.2
1, 483.1
1, 458.7
1, 362.6
525.8
543.8
424.7
374.0
289.7
228.3
594.7

839.2

2,231.5

3,127.8

13, 908.9

20, 107.4

Total

Cumulati''
total

1,021.0
4,480.6
9,207.8

12,822.0
14,305.1
15,763.8
17,126.4
17,652.2
18,196.0
18,620.7
18,994.7
19,284.4
19,512.7
20,107.4

Average maturity
3.6
3.4
3.4
3.0
3.4
(in months)
Number of banks
266
50
37
84
95
reporting
JL/ Includes only negotiable certijricates in denominations of $100,000 or more outstanding
at weekly reporting large commercial banks.

2/ As reported in the Call Report of condition of December 31, 1965.
Details may not add to totals because of rounding.