Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : October 22, 1971

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FEDERAL

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RESERVE

statistical

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G.9

release
For immediate release
October 22, 1971

RLSi*
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 September 29 was $33.0 billion. This was $1.4 billion more than reported for
the August survey. A year ago all reporting banks had $22.3 billion of large
denomination certificates outstanding.
The certificates maturing on December 10 and December 15 tax and
dividend dates totaled $1,346 billion compared with $501 million for the
corresponding survey a year ago.
The average maturity of total certificates outstanding was 3.2 months
compared with 3.0 months for the previous survey. For the comparable survey
a year ago, the average maturity for outstanding certificates was 2.9 months.
The distribution of maturities by bank size is shown on the back of
this release.

OUTSTAINDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS, September 29, 1971
Percentage
distribution •

Cumulative
percentage

CD's Maturing in

In millions
of dollars

1971—September 30
October
November
December 1/
1972—January
February
March
April
May
June
July
August
September
October of later

941.6
8,517.8
6,182.6
5,833.1
2,731.4
1,512.4
2,091.8
899.0
693.3
856.1
589.6
779.5
727.4
680.3

2.9
25.8
18.7
17.7
8.3
4.6
6.3
2.7
2.1
2.6
1.8
2.4
2.2
2.1

2.9
28.7
47.4
65.1
73.4
78.0
84.3
87.0
89.1
91.7
93.5
95.9
98.1
100.0

33.035.8

100.0

XXX

Total

1/ Includes 286 million maturing on December 10 and $1,061 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 September 29, 1971)

Period of
maturity

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

Cumulative
Total

Total

#

"I
1971
September 30
October
November
December

88.3
531:8
344.9
261.3

108.9
1,215.4
810.0
653.8

140.8
1,410.1
956.0
809.0

603.5
5,360.5
4,071.8
4,109.0

December 10
December 15

8.2
20.9

19.7
83.1

19.4
132.8

238.5
823.6

941.5
8,517.8
6,182.7
5,833.1

941.5
9,459.3*
15,642.0
21,475.1

285.8 •
1,060.4

e

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

150.5
105.1
109.0
48.0
36.2
51.3
38.9
33.3
47.0

380.3
188.9
224.8
98.7
80.4
87.4
78.4
63.0
92.0

443.1
271.4
232.3
111.5
108.8
86.9
106.2
62.6
100.2

1,757.5
947.0
1,525.7
640.7
467.7
630.3
366.0
620.5
488.3

2,731.4
1,512.4
2,091.8
898.9
693.1
855.9
589.5
779.4
727.5

24,206.5
25,718.9
27,810.7
28,709.6
29,402.7#
30,258.6
30,848.1
31,627.5
32.355.0

43.1

70.2

156.9

410.1

680.3

33,035.3#

1,888.7

4,152.2

4,995.8

21,998.6

33,035.3

3.1

3.0

3.1

3.3

3.2

86

84

50

37

257

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.




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