Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : October 24, 1968

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

FEDERAL

* of GOVt

statistical

G.9

RESERVE

release

For immediate release
October 24, 1968

] j U i v A K Y
X

<// ,
MATURITYSj^lBtrri'OS OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT

The total of outstanding negotiable time certificates of deposits
(CD's) in denominations of $100,000 or more for large commercial banks as of
September 25 was $22.3 billion, the same amount as reported outstanding in the
August 28 survey.
The certificates maturing on the December 10 and December 16 tax and
dividend dates totaled $989 million. The September 27, 1967 survey showed an
amount of $1,291 million maturing on December 11 and December 15 tax and
dividend dates of that year.
The average maturity for the total certificates outstanding, at 3.5
months, was slightly shorter than the previous months survey. The average
maturity for outstanding certificates reported in the comparable survey a year
ago was also at 3.5 months.
The distribution of maturities by bank size is shown on the back
of this release.
Outstanding Negotiable Time Certificates of Deposit
ouuuucj.L i a i
^
Cumulative
Percentage
In millions
CD's Maturing in
percentage
distribution
of dollars
1968--September 26-30
October
November
December 1/

946.8
4,441.4
3,190.8
4,237.9

4.3
20.0
14.3
19.0

4.3
24.3
38.6
57.6

1969--January
February
March
April
May
June
July
August
September

3,228.5
1,393.8
1,357.7
730.0
455.6
652.6
489.7
314.5
273.1

14.5
6.3
6.1
3.3
2.0
2.9
2.2
1.4
1.2

72.1
78.4
84.5
87.8
89.8
92.7
94.9
96.3
97.5

545.9

2.5

100.0

22,258.3

100.0

October or later
Total
1/

Includes $229 million maturing on December 10 and $760 million maturing
on December 16.
Details may not add to totals due to rounding.

(over)


MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS
By Size of Bank 1/
(amounts in millions of dollars, as of September 25, 1968)

Period of
maturity
1968
September 26-30
October
November
December
December 10
December 16
1969
January
February
March
April
May
June
July
August
September
October
or later
Total
Average maturity
(in months)
Number of banks
reporting
2/

T o t a l

D e p o s i t s

of

B a n k

2/

under
$200 million to $500 million $1 billion
$200 million
$500 million to $1 billion and over

Total

64.6
291.6
158.8
173.9

102.6
577.0
422.6
503.8

201.9
883.6
610.0
652.8

577.7
2,689.3
1,999.4
2,907.3

946.8
4,441.5
3,190.8
4,237.8

12.2
12.5

22.2
39.3

50.8
64.7

144.0
643.5

229.2
760.0

138.2
66.7
66.7
28.7
17.7
16.8
18.4
9.5
7.5

370.2
204.4
143.5
72.8
45.2
50.5
60.8
80.6
29.1

566.4
295.0
252.8
111.7
80.9
127.1
129.5
46.1
53.1

2,153.6
827.7
894.7
516.8
311.8
458.2
281.0
178.2
183.3

3,228.4
1,393.8
1,357.7
730.0
455.6
652.6
489.7
314.4
273.0

5.6

37.7

89.1

413.4

545.8

1,064.7

2,700.8

4,100.0

14,392.4

22,257.9

2.8

3.4

3.5

3.6

3.5

91

84

51

37

Cumulative
total

946.8
5,388.3
8,579.1 .
12,816.9

16,045.3 1
17,439.1
18,796.8
19,526.8
19,982.4
20,635.0
21,124.7 <
21.439.1
21,712.1
22,257.9
1

263

banks.
Total deposits as reported in the Call Report of Condition on December 31, 1965.
Details may not add to totals because of rounding.




f