Full text of G.9 Maturity Distribution of Outstanding Negotiable Time Certificates of Deposit at Large Commercial Banks : September 17, 1971

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FEDERAL
RESERVE
statistical release

s M m - -

in

For immediate release
September 17, 1971

MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
The total of outstanding negotiable time certificates deposit
(CD f s) in denominations of $100,000 or more at large commercial banks as
of August 25 was $31.6 billion. This was $1.3 billion more than reported for
the July survey. A year ago all reporting banks had $20.2 billion of large
denomination certificates outstanding.
The certificates maturing on September 10 and September 15 tax and
dividend dates totaled $1,781 billion compared with $852 million for the
corresponding survey a year ago.
The average maturity of total certificates outstanding was 3.0 months
compared with 2.9 months for the previous survey. For the comparable survey
a year ago, the average maturity for outstanding certificates was 3.0 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, August 25, 1971
CD's Maturing in
1971--August 26 - 31
September 1/
October
November
December
1972—January
February
March
April
May
June
July
August
September or later
Total

In millions
of dollars

Percentage
distribution

Cumulative
percentage

1,685.3
9,341.7
5,669.1
4,317.3
3,100.6
2,095.9
1,134.6
1,125.0
761.0
425.1
453.4
400.8
494.8
583.3

5.3
29.6
17.9
13.7
9.8
6.6
3.6
3.6
2.4
1.3
1.4
1.3
1.6
1.8

5.3
34.9
52.8
66.5
76.3
82.9
86.5
90.1
92.5
93.8
95.2
96.5
98.1
100.0

31,587.8

100.0

XXX

1_/ Includes $702 million maturing on September 10 and $1,079 billion maturing on
September 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 August 25, 1971)

Period of
maturity

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

Total

Cumulative
Total

#
1971
August 26-31
September

220.2
1,168.3

290.5
1,513.7

1,046.0
6,070.4

1,685.2
9,341.6

42.9
31.4

60.2
70.7

77.0
143.9

522.0
832.8

702.1
1,078.8

316.5
226.4
136.0

774.3
539.5
350.4

867.5
642.7
417.3

3,710.7
2,908.6
2,196.9

5,669.0
4,317.2
3,100.6

16,695.8
21,013.0
24,113.6

124.1
81.8
51.2
38.2
30.4
42.7
34.5
21.5

304.3
124.0
89.4
85.7
61.7
67.3
67.2
43.7

331.1
215.9
126.3
94.8
74.5
65.8
95.9
41.5

1,336.4
712.8
858.0
542.1
258.5
277.6
203.2
388.0

2,095.9
1,134.5
1,124.9
760.8
425.1
453.4
400.8
494.7

26,209.5
27,344.0
28,468.9
29,229.7
29,654.8
30,108.2
30,509.0
31,003.7

38.6

47.9

135.3

361.6

583.4

31,587.1

1,859.6

3,943.9

4,912.8

20,870.8

31,587.1

3.0

2.9

3.0

3.0

3.0

September 10
September 15
October
November
December

#

#

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

1,685.2
11,026.8

128.5
589.2

861

83

50

37

256

1/ Includes certificates in denominations of $100,000 or more issued by weekly reporting
banks.
2J 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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