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FEDERAL

RESERVE

statistical

release
For immediate release,
October 22, 1975

G. 9

MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT

The total of outstanding negotiable time certificates
’s) in denominations of $100,000 or more at large commercial
of deposits
banks as of September 24, was $85.0 billion. This was 4.0 billion more
than reported for the August survey. A year ago all reporting banks had
$89.1 billion of large denomination certificates outstanding.
The certificates maturing on December 10, and December
15 tax and dividend dates totaled $2,184.0 billion compared with $1,620
billion for the corresponding survey a year ago.
The average maturity of total certificates outstanding
was 2.7 months compared with 2.7 for the previous survey. For the
comparable survey a year ago, the average maturity for outstanding
certificates was 2.2 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 SEPTEMBER 24, 1975

----CHis^ maturine in
1975

September 25-30
October
November
December JV

1976

In million of
dollars

Percentaee

Cumulative

5,826.1
27,741.6
14,116.8
12,256.9

6.9
33.0
16.8
14.6

6.9
39.9
56.7
71.3

January
February
March
April
May
June
July
August
September

7,796.0
4,984.2
4,232.0
1,222.7
1,092.9
1,238.4
558.8
707.9
416.2

9.3
5.9
5.0
1.5
1.3
1.5
.7
.8
.5

80.6
86.5
91.5
93.0
94.3
95.8
96.5
97.3
97.8

Over 12 months

1,980.4

2.4

100.0

84,170.9

100.0

XXX

Total
1/

Includes $760.5 million maturing on December 10, and $1,423.5 million
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 24, 1975

Period of
maturity
1975

September 25-30
October
November
December

T o t a X D e d o s i t s of b a n k V
Under $200 $200 million to $500 million $1 billior
million
$500 million -o $1 billion and over

Cumulative
Total

Total

406.1
1,379.6
570.7
471.3

737.3
2,974.3
1,313.3
1,053.3

920.6
4,013.4
1,931.7
1,500.0

3,762.0
19,374.3
10,301.1
9,232.3

5,826.0
27,741.6
14,116.8
12,256.9

24.9
47.6

82.8
112.0

81.6
159.9

571.1
1,104.0

760.4
1,423.5

January
February
March
April
May
June
July
August
September

253.3
162.9
156.9
72.4
56.8
67.3
67.2
26.4
2i.4

564.9
336.2
309.3
97.5
96.3
90.9
52.7
53.4
42.9

954.9
51C.1
494.7
202.3
195.6
143.8
88.5
81.1
59.1

6,022.8
3,974.8
3,271.1
850.4
744.2
936.4
350.4
546.9
292.7

7,795.9
4,984.0
4,232.0
1,222.6
1,092.9
1,238.4
558.8
707.8
416.1

67,737.2
72,721.2
76,953.2
78,175.8
79,268.7
80,507.1
81,065.9
81,773.7
82,189.8

October or
later

78.4

85.6

198.6

1,617.9

1,980.5

84,170.3

3,790.7

7,807.9

11,294.4

61,277.3

84,170.3

2.5

2.2

2.5

2.8

2.7

December 10
December 15
1976

Total

Average Maturity
(in months)

5,826.0
33,567.6
47,684.4
59,941.3

Number of banks
reporting______________ 82___________ 76____________ 50__________ 37______ 245________
1/
2/

Includes certificates in denominations of $100,000 or more issues 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.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102