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FEDERAL

RESERVE

G.9

MATURITY DISTRIBUTION OF OUTSTANDING
NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
The total of outstanding negotiable time certificates of deposit (CDfs)
in denominations of $100,000 or more at large commercial banks as of August 26 was
$20.2 billion. This was $2.3 billion more than reported for the July survey. A
year ago all reporting banks had $12.6 billion of large denomination certificates
outstanding.
The certificates maturing on the September 10 and September 15 tax
and dividend dates totaled $852 million, compared with $568 million for the
corresponding survey a year ago.
The average maturity of total certificates outstanding was 3.0 months,
compared with 3.5 months for the previous survey. For the comparable survey a
year ago, the average maturity for outstanding certificates was 3.4 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 26, 1970
CD's Maturing in
1970--August 27-31
September 1/
October
November
December
1971--January
February
March
April
May
June
July
August
September or later
Total

1
_

In millions
of dollars

Percentage
distribution

1,093.8
6,474.0
4,557.1
2,076.4
795.7
813.9
663.6
788.6
1,110.4
376.2
457.3
389.4
227.5
401.9

5.4
32.0
22.5
10.3
3.9
4.0
3.3
3.9
5.5
1.9
2.3
1.9
1.1
2.0

5.4
37.4
59.9
70.2
74.1
78.1
81.4
85.3
90.8
92.7
95.0
96.9
98.0
100.0

20,225.7

100.0

XXX

Cumulative
percentage

Includes $263 million maturing on September 10 and $589 million maturing on
September 15.




MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
LARGE COMMERCIAL BANKS
By Size of Bank

1/

(Amounts in millions of dollars, as of August 26, 1970)

Period of
maturity

September 10
September 15
October
November
December
1971
January
February
March
April
May
June
July
August
September or later
Total
Average maturity
(in months)
Number of banks
reporting
1/

2/

Total

Cumulative
total

!
|
61.8
391.8

152.6
848.3

185.9
1,019.1

693.5
4 ,214.7

1,093.8
6,473.9

14.0
15.7

30.8
42.4

39.1
58.3

178.6
472.2

262.5
588.6

279.7
141.0
72.6

610.6
355.6
133.6

768.6
330.4
134.8

2,898.1
1,249.3
454.7

4,557.0
2,076.3
795.7

12,124.7
14,201.0
14,996.;

77.4
71.4
61.7
70.9
54.4
51.7
42.1
22.2
23.5

201.7
126.1
102 .2
’
138.7
93.6
115.6
80.4
53.8
48.8

184.6
149.6
137.4
153.5
73.3
, 89.7
87.0
36.8
60.4

350.1
316.3
487.2
747.2
155.0
200.1
179.8
114.6
269.0

813.8
663.4
788.5
1,110.3
376.3
457.1
389.3
227.4
401.7

15,810.5
16,473.9
17,262.4
18,372.7
18,749.0
19,206.1
19,595.4
19,822.8
20,224.5

1,422.2

3,061 6

3,411.1

12.,329.6

20,224.5

3.6

3.4

3.2

0
0
•
CJ
v

1970
August 27-31
September

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

3.0

91

81

47

37

1,093.8
7,567.7

256

Includes certificates in denominations of $100,000 or more issued 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