Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : October 1, 1969

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

F E j y E f R E S E R V E
ail

<
■•..:. •

release

.Av /
jjcj?ppy£ :T>'y

G.9

For immediate release
October 1, 1969

MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
The total of outstanding negotiable time certificates of deposit (CD's)
in denominations of $100,000 or more at large commercial banks as of August 27 was
$12.6 billion compared with $13.5 billion reported for the July 30 survey. A year
ago all reporting banks had $22.3 billion of large denomination certificates out­
standing.
The certificates maturing on the September 10 and September 15 tax and
dividend dates totaled $568 million, compared to $810 million for the corresponding
survey a year ago.
The average maturity of total certificates outstanding, at 3.4 months,
was slightly shorter than the average maturity reported for the July 30 survey.
For the comparable survey a year ago, average maturity for outstanding certificates
was 3.7 months.
The distribution of maturities by bank size is shown on the back of this
release.

OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
L U A W I O b

CD1s Maturing in

tm i %

J i / w y

Percentage
In millions
of dollars . distribution

Cumulative
percentage

1969— August 28-31
September 1/
October
November
December

357.6
3,132.1
2,145.1
1,534.6
1,529.2

2.8
24.8
17.0
12.2
12.1

2.8
27.6
44.6
56.8
68.9

1970— January
February
March
April
May
June
July
August
September or later

1,410.9
723.0
288.1
355.8
209.9
204.4
266.5
109.5
344.5

11.2
5.7
2.3
2.8
1.7
1.6
2.1
.9
2.7

80.1
85.8
88.1
90.9
92.6
94.2
96.3
97.2
100.0

12,611.2

100.0

XXX

TOTAL

Septenfter 15.

Details may not add to totals due to rounding




MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS
By Size of Bank

1/

(Amounts in millions of dollars, as of August 27, 1969)

Period of
maturity
1969
August 28-31
September
September 10
September 15
October
November
December
1970
January
February
March
April
May
June
July
August
September or later
TOTAL
Average maturity
(in months)

T o t a 1 D e p o s i t :s o f B a n k 2/
Under
$200 million to $500 million $1 billion
to $1 billion and over
$200 million $500 million

Total

Cumulative
total

30.3
264.4

73.1
548.3

63.8
647.5

190.3
1,671.9

357.5
3,132.1

357.5
3,489.6

15.7
19.8

27.1
54.4

40.4
71.4

108.0
231.5

191.2
377.1

185.1
139.6
123.2

397.9
336.4
268.1

442.2
285.5
325.5

1,119.8
773.1
812.3

2,145.0
1,534.6
1,529.1

5,634.6
7,169.2
8,698.3

129.8
51.5
20.9
20.7
14.0
12.9
12.3
5.8
4.6

241.6
155.8
42.7
48.9
31.2
37.2
22.7
14.9
29.6

315.9
141.2
56.6
78.1
43.5
32.4
53.2
10.7
64.9

723.5
374.4
167.8
208.0
121.1
121.8
178.2
78.1
245.5

1,410.8
722.9
288.0
355.7
209.8
204.3
266.4
109.5
344.6

10,109.1
10,832.0
11,120.0
11,475.7
11,685.5
11,889.8
12,156.2
12,265.7
12,610.3

1,015.1

2,248.4

2,561.0

6,785.8

12,610.3

2.9

3.1

3.3

3.6

3.4

f

O

92
50
Number of banks
84
37
263
reporting
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.




O