The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
On September 28, 1966, 259 weekly reporting large cannierd a l b?nks
reported outstanding negotiable certificates of deposit (CD*s) in denomination
of $100,000 or more of a little less than $17 billion, a decline of $1.2 billion
since the previous survey of August 31, i960. Practically all of the decline was
centered at banks with deposits of $1 billion or more. About 65 per cent of all
outstandings are scheduled to mature between the survey date and the end of the
year, an increase of 5 percentage points from the comparable three month period
indicated in the July and August surveys. October shows the largest maturities
of any forthcoming month, roughly the same as scheduled maturities had been for
September*
The passage of time and increased sales of shorter-term CD’s reduced
the average maturity of all outstanding CD's on September 28 to 3.1 months, as;
compared to 3-3 months on August 31, and 3*6 months at the end of July. The
average maturity of CD’s for all bank size groups declined, except for banks
with deposits of $200 million to $500 million, where average maturity of outstand
ing CD’s remained unchanged at 3.5 months. The distribution of maturities by
bank size is shown on the back of this release.
The data for the September survey are preliminary and subject to revision
on the basis of later reports from some respondents. A revised August 31> 1966
CD maturity survey is attached. All revisions were minor.
Outstanding Negotiable Time Certificates of Deposit
Large Commercial Banks, September 28, 1966
CD's Maturing in
I966— September 29-30
October
November
December ij
1967— January
February
March
April
1-lay
June
July
August
September
October or later
In millions
of dollars
57^.1
5,206.1
2,657-9
2,660.0
1,61*3.0
843-5
866.1
479-5
328.1
316.9
241.1
202.4
173-2
775-6
{
Percentage j
distribution
I
"
3-4
30.7
3-4
34.1
15.6
49.7
15-7
65-4
9-7
5.0
5.1
2.8
1-9
1.9
1.4
1.2
1.0
4.6
100.0
Total
16,967.5
Tj Tnriluflfta' $P1_3 mill-inn maturing on December 9
December 15*
(Over)
fhrrrrnlA+i-f-o-ft
percentage
75-1
80.1
85.2
88.0
89.9
91.8
93-2
94.4
95.4
100.0
million maturing on
—
—
—
mam
MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BASKS
'Ey Size of Bank l/
(Amounts in millions of dollar a , a3 of September 28, 1$66)
Total
Period of
maturity
$200 million
and under
Deposits
o f
j/
B a n k
$200 million to $500 million j$1 billion
$500 million to $1 billion- and over
1
j
Total
! Cumulati
1 total
]
1966
September 29-30
October
November
December
Dec. 9
Dec* 15
1 2 $L
January
February
March
April
.Kay
June
July
August
September
October or
later
Total
Average maturity
(in months)
Number of banks
reporting
95-4
645-0
408.0
399-5
417-0
3,975-1
1 ,891.0
1 ,876.7
48.2
440.2
259-2
98.8
285.0
106.1
12.9
-25.3
14.2
80.0
45.0
213.2
371+-3
454.9
166.0
125.8
229-9
141.2
1,183.0
537-8
10.4
64.2
38.7
.
.| -
1,643.0
843.5
866.1
1(79-5
8,438.1
i
11 ,098.1
103.5
241.1
202.4
173-2
90.5
601.3
775-6
16,967-5
1,743.0
2,403.9
12,215-1
16,967.5
3-5
3-2
3-0
3.1
117-9
116.2
583-8
20.5
69.3
26.7
17.1
10.1
;*5o*7
330.6
232.5
189.4
150.5
142.8
3-2
34.6
29.2
23.^
59-6
1(6.3
59-0
45.8
21.9
43.0
17.1
66.8
605.5
3-4
89
5 ,206.1
2,657.9
2 ,660.0
12,741.1
13,584.6
14,450.7
14,930.2
15 ,258.3
15,575-2
15,816.3
16,018.7
16,191.9
48.2
19-9
8.5
574.1
5 ,780.2
574.1
13-5
145*8
99-8
83
1
50
' 37
1
328.1
316.9
J
259
|l/ Includes only negotiable certificates 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 roundlag.
Outstanding Negotiable Time Certificates of Deposit
Large Commercial Banks, September 28, 1966*
f
1
—
CD’s Maturing In
1966— September 29-30
October
November
December 1/
.
1967— January
February
March
April
May
June
July
August
September
October or later
Total
m
In millions
of dollars
Percentage
distribution
Cumulative
percentage
573-9
5,205-9
2,657.9
2,659.5
3i*4
. 301.7
15.7
15.7
{3*4
m.i
49*7
65.4
9.6
5-0
5.1
2.9
1-9
80.0
85.I
$ ,0
1,633.2
843-3
865*6
487* 3
326.3
317-0
240.2
201.7
175-6
773.4
16,960.8
#
ujpc
1.8
1.2
1.0
93.2
94.4
95.4
4.6
100.0
1.4
100.0
* Revised.
1/ Includes $110 million maturing on December 9. aad $455
on December 15 .
*
75-1
on.
T
1
t
(Over)
*/•
MATURITY D l G T R O T n O W OF OUTSTANDING MBGOTIABLETIMB CERTIFICATES OF DEPOSIT
*
LARGE COMMERCIAL BASES
. By Size of Bank
i
(Amount;-. in mlllionB of dollars, as of September 28, ‘1966)*
T o t a 1
Purl »u •
maturity
■ept ember
-tobei.< v“mb? ;•
>•
o f .B i n k 2/ --------
D e p o s i t s
$200 million $200 million to $500 million
$500 million
/uid urni T
13.6
jO
Dec. 9
Dec. 19
9
iL
January
February
torch
Acril
toy
June
July
August
3eprt«*be?
October or
later
Total
?rage maturity
(in months)
• . . '♦
nber of banks
reporting
Total
CimsilatiT«
total
573.9
5,779.8
8,437.7
11,097.2
and# over
145-5
99.-8
‘^8.3
48.2
,. 440.2
-259.2
2 8 5 .O
95-4
645.1
408.0
399.5
417.0
3,975-1
1 ,891.0
1,876.7
573.9
5,205.9
2,657-9
2,659-5
2.6
10, 4
12.9
25-3
14.2
' ~ 45.0
80.0
374.3
. 109.7
454.9
229.v
141.2
1 1 6 .2
59-6
48.3
59-6
> 5 .6
21.9
46.0
1,174.6
538.1
583»8
339-0
232.5
1B9.4
150.i
142.5
103.7
1,633-2
843-3
'487-3
326.3
31T .0
240.2
201.7
175.6
12,730.4
13,573-7
14,439.3
14,926.6
I5,a».9
15 *569.9
15,1*0.1
36,011.8
16,187.4
36,960.8
1
#
to $1 billion
$1 billion
2*7
1 6 6 .2
125-5
118.0
68.7
25-7
50.7
3U .6
29.1
23-1
17.0
•68.6
87-5
600.3
773.4
6OO.5
1,742-9
2,403.8
12,213.7
• 16,960.8
•.3-5
3-2
3.0
3.1
62.5
38.4
47.6
20.0
1 9 .8
1 7 .1
9.9
8.2
3*4
88
.
_
.
~P
83
49
37
865.6
257
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'^L> 1965*
Details may not add to totals because of rounding.
Rervi sed.
@FedFRASER