Full text of H.6 Money Stock Measures : August 9, 2001

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

FEDERAL RESERVE statistical release
H.6 (508)
Table 1

MONEY STOCK AND DEBT MEASURES

For release at 4:30 p.m. Eastern Time

Billions of dollars

Date

August 9, 2001

M 11

M 22

M 33

DEBT4

Seasonally adjusted
1 999-J u l y
Aug.
Sep.
Oct.
Nov.
De c .

1097.5
1095.8
1093.4
1097.0
1107.4
1124.8

4543.8
4561.8
4578.4
4599.7
4625.9
4653.3

6258.8
6280.1
6306.1
6360.3
6446.1
6530.6

16868.7
16963.6
17069.1
17150.0
17214.9
17315.1

2 0 0 0 -J a n .
Feb.
Mar .
Apr.
May
June
July
A u g.
Sep.
Oct.
Nov.
Dec.

1123.3
1109.2
1113.7
1117.9
1106.7
1105.3
1103 . 3
1099.4
1096.0
1096.1
1087.2
1088.2

4675.5
4690.9
4721.5
4759.7
4766.6
4787.8
4807.9
4838.0
4870 . 0
4891.4
4906.8
4945.1

6572.3
6605 .4
6676.5
6728.3
6760.5
6810.8
6859.0
6917.4
6969.5
6991.8
7018.3
7101.3

17388.7
17444.0
17551.5
17649.6
17724.9
17805.3
17868.8
17926.9
18001.1
18051.2
18132.6
18222.0

2 0 0 1 -J a n .
Fe b .
Mar.
Ap r .
May
June

1099.6
1100.4
1113.1
1118.1
1117.5
1123.5

4995.2
5040.6
5101.1
5145.5
5167.6
5209.0

7194.6
7253.7
7311.3
7419.2
7502.3
7581.2

18272.3
18347.8
18440.4
18499.5
18561.3 p

Not seasonally adjusted
1 9 99 -J u l y
Au g.
Sep.
Oct.
Nov.
Dec.

10 96 .7
1092.7
1086 . 3
1095.3
1113.3
1148.3

4526.5
4548 . 6
4561.7
4582.5
46 2 0 . 8
4677.3

6219.9
6250.3
6266 . 9
6329.5
6445.0
6568 .1

16801.8
1 6 903 . 6
17012.5
17098.3
17191.7
17310.5

2000 -Ja n.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sep.
Oct.
Nov.
Dec.

1126.4
1 0 96 . 8
1108.1
1124.9
1100.4
1102.6
11 0 3 . 9
1095.8
1090.5
1093 . 5
1 0 93 . 3
1112.4

4686 . 8
4 6 87 . 8
4748.8
4817.4
4743.8
4769 . 2
4787 . 6
4820.0
4855.2
4868 . 9
4899 . 0
4973.7

6599.0
6629.9
6726.0
6786.9
6742.3
6785 . 3
6813.6
6880.4
6927.6
6949.8
7013.9
7146.3

17383.3
17433.3
17545.6
17621.7
17665.1
17740.4
17798.5
17863.8
17944.2
18003.3
18109.1
18214.6

20 01-J a n .
Feb.
Mar.
Apr.
May
June

1099.8
1 087 . 8
1107.8
11 2 3 . 2
1111.5
1123 . 0

5004.6
5039.4
5135.6
5209.5
5143.5
5191.7

7224.8
7288 . 6
7373.4
7482.0
7477 . 9
7551.0

1826 9 . 6
18 343 .2
1 8 43 9 . 3
1 8 47 2 . 3
18498.1 p

Footnotes appear on the following page
p
preliminary
Components may not add to totals due to rounding.



Table 2

MONEY STOCK AND DEBT MEASURES
Percent change at seasonally adjusted annual rates
M2

M3

D EB T1

3 Months

from Mar.

2001

TO Juno

2 001

3.7

8.5

14.8

4.7

6 Months

from De c .

2000

TO J u ne

2001

6.5

10.7

13.5

4.7

12 Months

from June

2000

TO J un e

2001

1.6

8.8

11.3

4.7

5.3

8.7

13.2

T h i r t e e n weeks e n d i n g J u l y 30 , 2 0 0 1
from t h i r t e e n weeks e n d i n g :
A p r . 3 0 , 2 0 0 1 (13 week s p r e v i o u s )

1.

M1

Jan.

29,

2001

( 26 week s p r e v i o u s )

6.3

10.5

13.2

July

31,

2000

( 52

1.8

8.7

11.1

week s p r e v i o u s )

Growth rates for debt are based on periods beginning and ending one month earlier than for the monetary aggregates, namely, February 2001 to May 2001, November 2000 to May 2001,
and M ay 2 0 0 0 to M ay 2 0 0 1 , re s p e ctiv e ly.__________________________________________________________________

Footnotes to Table 1:
1.

2.

3.

4.

Consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) travelers checks of nonbank issuers; (3) demand
deposits at all commercial banks other than those due to depository institutions, the U.S. government, and foreign banks and official institutions, less cash items in the
process of collection and Federal Reserve float; and (4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOW ) and automatic transfer service
(ATS) accounts at depository institutions, credit union share draft accounts and demand deposits at thrift institutions. Seasonally adjusted M1 is calculated by summing
currency, travelers checks, demand deposits, and OCDs, each seasonally adjusted separately.
Consists of M1 plus savings deposits (including money market deposit accounts), small-denomination time deposits (time deposits— including retail RPs— in amounts of less
than $100,000), and balances in retail money market mutual funds. Excludes individual retirement account (IRA) and Keogh balances at depository institutions and money
market funds. Seasonally adjusted M2 is computed by summing savings deposits, small-denomination time deposits, and retail money fund balances, each seasonally
adjusted separately, and adding this result to seasonally adjusted M 1.
Consists of M2 plus large-denomination time deposits (in amounts of $100,000 or more), balances in institutional money funds, RP liabilities (overnight and term) issued by all
depository institutions, and Eurodollars (overnight and term) held by U.S. residents at foreign branches of U.S. banks worldwide and at all banking offices in the United
Kingdom and Canada. Excludes amounts held by depository institutions, the U.S. government, money funds, and foreign banks and official institutions. Seasonally adjusted
M3 is calculated by summing large time deposits, institutional money fund balances, RP liabilities, and Eurodollars, each seasonally adjusted separately, and adding this
result to seasonally adjusted M2.
Debt: The debt aggregate is the outstanding credit market debt of the domestic nonfinancial sectors — the federal sector (U.S. government, not including governmentsponsored enterprises or federally related mortgage pools) and the nonfederal sectors (state and local governments, households and nonprofit organizations, nonfinancial
corporate and nonfarm noncorporate businesses, and farms). Nonfederal debt consists of mortgages, tax-exempt and corporate bonds, consumer credit bank loans
commercial paper, and other loans. The data, which are derived from the Federal Reserve Board’s flow of funds accounts, are break-adjusted (that is, discontinuities’in the
data have been smoothed into the series) and month-averaged (that is, the data have been derived by averaging adjacent month-end levels). The presentation of the debt
data in this release differ, therefore, from the quarterly flow of funds statistics contained in the Federal Reserve releases Z.7 and Z.1. In those releases, published levels of
credit market debt are measured on a quarter-end basis and contain discontinuities.
Note: Current and historical H.6 data are available each week on the Federal Reserve Board's web site (http://www.federalreserve.gov/). Monthly data are available back to
January 1959, and weekly data are available back to January 1975 for most series. For information about individual copies or subscriptions, contact Publications Services
at the Federal Reserve Board (phone 202-452-3245, fax 202-728-5886). For paid electronic access to current and historical data, call STAT-USA at 1-800-782-8872 or




Page 3

H.6 (508)
Table 3
MONEY STOCK MEASURES
Billions of dollars
Seasonally adjusted
M1
Period ending

M2

M3

13-week
average

4-week
average

week
average

13-week
average

4-w eek
average

week
average

13-w eek
average

4-w eek
average

w eek
average

7
14
21
28

1111.2
1112.6
1114.0
1115.1

1119.1
1115.7
1115.6
1114.3

1108.7
1 104 .8
1120.7
1122.9

5105.4
5115.3
5125.5
5134.4

5150.6
5150.6
5155.8
5162.8

5152.2
5156.4
5175.5
5167.0

7344.8
7362.6
7382.2
7402.9

7437.3
7449.8
7472.4
7493.8

7448.1
7475.8
7516.4
7534.7

Jun e

4
11
18
25

1116.4
1117.2
1118.3
1119.1

1120.6
1122.3
1123.4
1123.9

1134.0
1111.5
1125.3
1124.6

5143.5
5151.6
5161.0
5168.4

5173.0
5181.9
5193.4
5205.2

5193.2
5191.7
5221.8
5213.9

7424.6
7446.7
7470.5
7488.3

7522.0
7543.1
7562.5
7573.9

7560.9
7560.2
7594.0
7580.6

July

2
9
16
2 3p
3 Op

1119.9
1121.3
1122.5
1124 . 1
1125.4

1 1 24 . 3
1126.7
1128.9
1133.3
1135.5

1135.6
1121.1
1134.4
1141.9
1144.6

5176.0
5183.2
5190.4
5197.6
5206.6

5214.9
5223.9
5230.8
5239.6
5245.5

5232.3
5227.5
5249.4
5249.3
5255.9

7506.1
7523.3
7539.2
7555.3
7568.9

7589.8
7601.3
7611.2
7624.8
7625.1

7624.3
7606.4
7633.5
7635.1
7625.2

2 0 01 -May

Not seasonally adjusted
2001-May

7
14
21
28

1 1 0 7 , .4
1 1 0 9 ,.2
1111,. 3
1 1 1 3 , .0

1120.9
1 113 .4
1109.9
1107.6

1099.5
1096.3
1114.0
1120.4

5137.2
5146.3
5154.3
5160.3

5188.8
5160.3
5144.3
5141.5

5152.6
5146.5
5143.3
5123.7

7395.0
7409.0
7423.5
7438.3

7470.7
7452.8
7456.4
7472.2

7442.9
7465.8
7484.4
7495.8

J une

4
11
18
25

1115.. 0
1 1 1 6 . .2
1 1 1 7 , .5
1118., 5

1115.8
1118.3
1120.2
1120.8

1132.3
1106.3
1121.9
1122.6

5166.7
5172.4
5178.2
5180.4

5153.0
5167.2
5183.5
5191.1

5198.6
5203.3
5208.2
5154.3

7454.5
7471.3
7488.3
7497.6

7502.5
7530.0
7551.3
7552.8

7564.0
7575.9
7569.5
7501.8

July

2
9
16
2 3p
3 Op

1119., 5
1121..0
1 1 2 1 . ,0
1121.,6
1 1 2 3 ., 1

1125.5
1129.9
1131.2
1134.5
1134.0

1151.0
1124.0
1127.2
1135.6
1149.3

5181.5
5181.8
5179.8
5179.4
5184.4

5189.9
5198.3
5204.6
5216.8
5218.2

5193.8
5236.9
5233.5
5203.0
5199.5

7505.8
7512.7
7516.6
7523.6
7531.7

7548.2
7549.0
7553.9
7568.5
7566.6

7545.7
7578.8
7589.2
7560.1
7538.2

N o te: S p e c ia l caution should b e ta k e n in interp reting w e e k -to -w e e k c h a n g e s in m o n e y s u p p ly d a ta , w hich a re highly volatile a n d sub ject to revision .
p
p re lim in ary d ata .
C o m p o n e n ts m a y not a d d to to ta ls d ue to rounding.




H.6 (508)
Table 4
SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars
Other checkable deposits
Date

Demand deposits3
At commercial banks4

At thrift
institutions5

Total

517.9
516.0

8.1
8.2

341.5
344.9

137.5
137.4

104.2
107.3

241.7
244.7

Apr.
May
J une

516.7
518.7
520.9

8.1
8.3
8.8

344.0
336.5
333.5

140.4
135.8
134.3

108.7
107.3
107.7

249.1
243.2
242.0

July
Aug.
Sep.

522 .4
523.5
524 . 7

9.3
9.3
8.9

332.0
326.1
323.2

132.0
133.3
132.3

107.6
107.2
106.9

239.6
240.5
239.2

Oct.
Nov.
Dec .

526 . 3
527 . 6
529.9

8.4
8.0
8.0

321.4
313.5
311.3

134.7
133.2
134.7

105.5
104.9
104.3

240.1
238.1
239.0

2001-J a n .
Fe b.
Mar.

534 . 5
537 . 7
539 . 8

8 .1
8.0
7.9

315.2
313.4
316.5

136 . 7
133.2
136.1

105.1
108.2
112.8

241.9
241.4
248.9

Apr.
May
June

542 . 6
546 . 1
548 . 5

7.8
8.0
8.2

312.9
312.4
310.8

139.6
136.9
137.3

115.2
114.2
118.7

254.8
251.1
256.0

4
11
18
25

548.9
547 . 6
548 . 2
549.0

8.1
8.2
8.2
8.2

318.6
302.8
313.5
311.3

138.3
132.6
136.4
140.8

120.0
120.2
119.0
115.2

258.3
252.9
255.4
256.0

2
9
16
2 3p
3 Op

549 . 7
550.8
552 . 8
555.4
557 . 7

8.3
8.4
8.6
8.7
8.9

317.7
303.5
312.9
316.4
317.9

140.7
135.2
138.3
143.7
143.2

119.2
123.1
121.9
117.6
116.9

259.9
258.3
260.1
261.3
260.1

July

4.
5.

Travelers checks2

2000-Feb.
Mar.

Wee k e n d i n a
2 0 0 1 -J u n e

1.
2.
3.

Currency1

e
e
e
e

C u rre n c y o utside U .S . T re a s u ry , F e d e ra l R e s e rv e B an ks and th e vaults of d ep o s ito ry institutions.
O u ts tan d in g a m o u n t of U .S . d o lla r-d e n o m in a te d tra v e le rs c h e c k s of n o n b a n k issuers. T ra v e le rs c h e c k s issued by d e p o s ito ry institutions a re inclu ded in d e m a n d d ep o s its
D e m a n d dep osits at c o m m e rc ia l b an k s and fo re ig n -re la te d institutions o th e r th a n th o s e d u e to d ep ository institutions, th e U .S . g o v e rn m e n t a n d foreig n b a n k s a n d official
institutions, less c ash item s in th e p ro ce s s of collection a n d F e d e ra l R e s e rv e float.
C o n s is ts of N O W and A T S b a la n c e s at c o m m e rc ia l b an ks, U .S . b ra n c h e s a n d a g e n c ie s of foreign b an ks, and E d g e A ct c o rp o ra tio n s .
C o n s is ts of N O W an d A T S b a la n c e s at thrifts, credit union s h a re draft b a la n c e s , a n d d e m a n d d ep osits at thrifts.

e
estimated
p
preliminary
Components may not add to totals due to rounding.



Page 5

H.6 (508)
Table 5

SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars
Savings deposits1
Date

At thrift
institutions

Total

At commercial
banks

At thrift
institutions

Total

Retail
money
funds

Total
Non-M1 M2

2 0 0 0 -Feb.
Mar.

1301.5
1306.5

449.1
450.8

1750.6
1757.3

646.8
652.3

324.6
326.1

971.4
978.4

859.7
872.0

3581.7
3607.7

Apr.
May
June

1320 . 0
1322.2
1331.4

446.8
452.5
45 2 . 1

1766.8
1774 .7
1783.5

661.6
666.8
676.0

325.9
327 . 5
329.6

987.4
994.3
1005.6

887.5
890.9
893.5

3641.7
3659.9
3682.5

July
Aug.
Sep.

1345.3
1362.1
1383.6

452.4
454 . 8
454 . 8

1797 .7
1816.9
1838.4

681.3
686.4
689.2

333 . 0
337.0
339.5

1014.3
1023.4
1028.8

892.6
898.3
906.8

3704.5
3738.6
3774.0

Oct.
N ov.
Dec .

1389 . 3
1402 .7
1421.7

45 6 . 4
45 5 . 0
451.9

1 8 45 .7
1 857 .7
1873.5

691.5
694.5
699.6

342.1
344.8
346.6

1033.6
1039.3
1046.2

916.0
922.6
937.2

3795.3
3819.6
3856.9

2001-Jan.
Fe b .
Mar.

1438 . 0
1467 . 6
1491.7

45 2 . 0
46 2 . 0
471.1

1 8 89 . 9
1 9 29 . 6
1 9 62 .7

702.7
699.9
695.9

349. 8
350 . 6
349.6

1052.5
1050.5
1045.5

953.2
960.1
979.8

3895.7
3940.2
3988.0

Apr.
May
June

1517.1
1539.9
1564.2

475.1
487 . 8
497 . 7

1992.2
2 0 27 .7
2 0 6 2 .0

690.7
685.6
678.9

349.9
352.0
349.9

1040.7
1037.5
1028.8

994.6
984.8
994.7

4027.4
4050.1
4085.5

4
11
18
25

1548 . 5
1567 . 3
1572 . 6
1560.6

488 . 3
493 .7
499 . 1
502.9

2036 . 8
2061.0
2071.8
2063.5

682.9
681.2
679.4
677.3

351.4
350.7
349.8
349.1

1034.2
1031.9
1029.2
1026.4

988.2
987.3
995.6
999.4

4059.2
4080.3
4096.5
4089.3

2
9
16
2 3p
3 Op

1567.3
1584 . 2
1581.3
1574 . 1
1578 .1

503 . 9
500 . 7
506.2
509 . 9
514.2

2071.2
2 0 8 4 .8
2087.5
2 0 8 4 .0
2092.2

674.4
672.0
670.3
668.2
666.5

348.7
348.0
347.0
346.3
345.3

1023.1
1020.1
1017.3
1014.5
1011.8

1002.4
1001.6
1010.2
1008.9
1007.3

4096.7
4106.5
4115.0
4107.4
4111.3

Week e n d i n a
2 0 0 1 -J u n e

July

1.

At commercial
banks

Small-denomination time deposits2

S a v in g s dep osits include m o n e y m a rk e t dep osit accou nts.

thrifts are subtracted from small t i m e " d e p S

p
preliminary
Components may not add to totals due to rounding.




R P ‘ ~ a'°

am° ° ntS 01

,ha" $ 1 0 0 0 0 0 A " IRA <">« Keogh account balances at commercial banks and

H.6 (508)
Table 6
SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3 AND DEBT
Billions of dollars
Date

Large-denomination time deposits1
RPs3
At commercial
banks2

At thrift
institutions

Debt components5
Eurodollars4

Total

Total
Non-M2 M3

Federal

Non-Federal

2 0 0 0 -F e b .
Mar.

638 .5
6 57 . 5

652.5
662.3

94 .4
94 .5

746.8
756.8

350.4
349.0

178.7
191.7

1914.5
1955.0

3608.0
3616.4

13836.0
13935.1

Apr.
May
June

662.1
673.0
6 8 3 .7

677.7
680.8
690.6

94.1
93.7
95.5

771.8
774.5
786.1

347.6
355.6
362.6

187.1
190.8
190.6

1968.6
1993.9
2023.0

3600.2
3546.1
3521.2

14049.4
14178.9
14284.1

July
Aug.
Sep.

705 .6
721.2
738 .3

69 6 . 1
707.2
704.8

98.0
100.1
101.6

794.1
807.3
806.5

364.2
361.3
362.2

187.2
189.6
192.5

2051.1
2079.4
2099.5

3510.1
3488.8
3474.9

14358.6
14438.1
14526.2

Oct.
Nov .
Dec.

744.7
752.7
768.3

699.4
703.6
726.6

103.3
103.7
103.2

802.6
807.3
829.7

361.1
356.6
361.1

191.9
194.9
197.1

2100.4
2111.5
2156.2

3445.7
3419.3
3400.5

14605.5
14713.3
14821.5

2001-Jan.
Fe b .
Mar.

801.1
85 8 . 9
888 . 0

740.4
705 . 0
677 . 4

106.0
106.6
106 . 8

846.5
811.6
78 4 . 2

357.0
347.0
340.0

194.8
195.6
198 . 0

2199.4
2213.1
2210.2

3380.4
3372.0
3375.4

14891.9
14975.7
15064.9

Apr.
May
Jun e

919 . 4
970 . 9
1006.6

697 . 2
702.9
706.2

108 . 6
110.4
109.4

80 5 . 8
813.3
815.6

360.2
361.2
360.6

188.4
189.3
189.4

2273.8
2334.7
2372.2

3344.7
3295.6

4
11
18
25

996
997
1009
1006

.0
.7
.2
.5

719.5
709 . 9
702.2
700.3

110.2
109.5
109.0
109.0

829.7
819.4
811.2
809.3

354.4
364.1
363 . 8
360.3

187.5
187.4
188.0
190.6

2367.6
2368.5
2372.2
2366.7

2
9
16
2 3p
3 Op

1024.3
1005.3
1018.7
1020. 8
1008.9

706 . 8
713.7
702.6
691.9
693.4

110 . 1
110 . 8
110.2
111.4
112.6

816.9
824 . 5
812.8
803.3
806.1

356.7
353.6
358.2
363.0
360.3

194 . 1
195.5
194.4
198.8
193.9

2392.0
2378.8
2384.1
2385.8
2369.2

Week e n d i n a
2 0 0 1 -J u n e

July

1.
2-

Institutional
money funds

p

15154.8
15265.7

Large-denomination time deposits are those issued in amounts of $100,000 or more, excluding those booked at international banking facilities
"
Large-denomination time deposits at commercial banks less those held by money market mutual funds, depository institutions, U.S. government, and foreiqn banks and

otticiai institutions.

**

Overnight and term RPs of $100,000 or more issued by depository institutions, excluding those held by depository institutions and by money funds
Overnight and term Eurodollars issued to U.S. addressees by foreign branches of U.S. banks worldwide and by all banking offices in the United Kingdom and Canada
excluding those held by depository institutions and by money funds.
y
a a uanaaa,
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities
p
preliminary
Components may not add to totals due to rounding.



p

Page 7

H.6 (508)

Table 7
NOT SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars
Date

Currency1

Travelers checks2

Other checkable deposits
Demand deposits3

8.3
8.3

332.3
339.2

137 . 3
137.8

102.5
106.9

239.8
244 .6

Apr.
May
June

517 . 4
518.7
521.0

8.3
8.4
8.7

345.2
331.0
331.1

143.1
135.6
134.3

110.9
106.7
107.6

25 4 . 0
242.3
241.9

July
Aug.
Sep.

523 . 1
522 . 5
523 . 3

8.9
8.9
8.7

333.7
325.9
321.4

130.7
131.9
131.0

107.5
106.6
106.1

238.1
238.5
237 . 1

Oct.
N ov.
Dec .

524 . 9
528 . 2
535 . 2

8.4
8.2
8.1

321.5
318.8
326.6

133.5
132.6
135.9

105.3
105.6
106.6

238 . 8
238 . 2
242.5

2001-Jan.
Fe b .
Mar.

532 . 3
536 . 2
539 . 8

8.2
8.2
8.0

315.2
304.3
311.4

138 . 9
132.9
136 . 4

105.2
106.2
112.2

244 . 1
239.2
248.6

Apr.
May
June

543 . 0
546 . 1
549 . 2

7.9
8.0
8.0

313.0
307.2
309.6

142.4
136.8
137.3

116.9
113.4
118.8

259 . 3
250 . 2
256.1

4
11
18
25

548
5 49
5 48
548

.0
.4
.7
.6

8.1
8.1
8.0
8.0

316.9
297.4
310.3
309.5

138.3
131.8
136.3
141.4

120.8
119.7
118.5
115.0

259 . 2
251.4
254 . 9
256.4

2
9
16
2 3p
3 Op

550
5 54
553
555
556

.3
.4
.9
.1
.2

7.9
8.1

e
<D

330.0
304.6
309.0
313.9
324.4

141.6
133.7
136.0
141.8
142.6

121.1
123.2
120.1
116.5
117.6

262 . 8
256 . 9
256 . 0
258 . 3
260.2

3.
4.
5.

fi

/ /Ni

11
-------------

----------------- J , ------------------- —

00

516 . 5
515.9

July

1

Total

2 0 0 0 -Feb.
Mar.

Wee k e n d i n a
2001-June

2.

At thrift

to

At commercial banks4

■ .W W W . w w

8.3
8.4

e
e

Ml

IIIV

VI u u p u o u u i y

II l O l l l U l l U I I O .

K L anrt n f n ^ . 00".* ° f U S '
‘ravBlera checte of nonbank issuers. Travelers checks issued by depository institutions are included in demand deposits
Demand deposits at commercial banks and foreign-related institutions other than those due to depository institutions, the U.S. government and foreign banks and official
institutions, less cash items in the process of collection and Federal Reserve float.
9 oanns ana omciai
Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreign banks, and Edqe Act corporations
Consists of NOW and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts.

e
estimated
p
preliminary
Components may not add to totals due to rounding.




H.6 (508)
Table 8
NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars
Small-denomination time deposits2

Savings deposits1
Date

At thrift
institutions

Total

At commercial
banks

At thrift
institutions

Total

Retail
money
funds

Total
Non-M1 M2

2000-Feb.
Mar .

1 2 94 . 7
1312.0

446.8
452.7

1741.5
1764.7

648.8
653.6

325.7
326.8

974.5
980.4

875.0
895.6

3590.9
3640.8

Apr.
May
June

1342 . 0
1 3 18 . 6
1332.5

4 54 .2
451.3
452 . 5

1 7 96 . 2
1 7 69 . 8
1785.0

661.9
664 . 8
672.7

326.0
326.5
328.0

9 87 . 8
991.3
1000.7

908.4
882.3
880.9

3692.5
3643.4
3666.6

July
Aug.
Sep.

1345 .1
1 3 57 . 1
1381.2

452 . 3
453 .1
4 54 . 1

1 7 97 .4
1810.3
1835.3

679.6
685.5
689.3

332.2
336.6
339.6

1011.9
1022.1
1028.9

874.3
891.8
900.6

3683.6
3724.2
3764.8

Oct.
Nov.
Dec.

1379 .9
1398.4
1426.4

453 .3
453 .7
4 5 3 .4

1833.2
1852.1
1879 .7

692.5
695.9
699.8

342.7
345.5
346.8

1035.2
1041.4
1046.6

907.0
912.2
935.0

3775.4
3805.6
3861.3

2001-Jan.
Fe b .
Mar.

1435 .7
1459 . 3
1498.6

451.2
459 .4
473 .2

1886.9
1918.7
1971.8

703.9
702.3
697.7

350.4
351.7
350.5

1054.4
1054.0
1048.1

963.5
978.8
1007.9

3904.8
3951.6
4027.8

Apr.
May
June

1542 . 2
1535 . 5
1566 . 8

482 . 9
48 6 . 4
49 8 . 6

2025 .1
2021.9
2065.4

691.2
683.3
675.3

350.2
350.8
348.0

1041.4
1034.1
1023.2

1019.6
976.0
980.2

4086.2
4032.0
4068.7

4
11
18
25

1 5 6 6 ..2
1589.. 6
1578., 8
1 5 3 5 . .4

4 9 3 . .9
5 0 0. .7
5 0 1. . 1
494 .. 8

2 0 6 0 . .1
2 0 9 0 . .3
2 0 7 9 . .9
2030 . 2

679.1
677.3
675.4
673.4

3 4 9. ,5
348. .7
347. .8
3 4 7. .1

1028.6
1026.0
1023.2
1020.5

977.7
980.6
983.1
981.1

4066.3
4096.9
4086.3
4031.8

2
9
16
2 3p
3 Op

1 5 4 9 ..5
1 6 0 8 ..6
1 5 9 3 .. 6
1 5 6 1 . .5
1549.. 1

498., 1
5 0 8. .4
5 1 0. . 2
5 0 5. . 8
5 0 4. .7

2047 . 7
2117 . 0
2 1 0 3 . .8
2 0 6 7 ,. 3
2 0 5 3 ,. 9

671.7
670.0
668.4
666.7
665.0

347. . 3
347. .0
3 4 6. .1
345. ,5
344. ,6

1019.0
1017.0
1014.5
1012.2
1009.6

976.1
978.9
988.1
987.8
986.7

4042.8
4112.9
4106.4
4067.4
4050.2

Week e n d i n a
2 0 0 1 - June

July

1.
2.

At commercial
banks

S a v in g s dep osits include m o n e y m a rk e t d ep o s it accou nts.
S m a ll-d e n o m in a tio n tim e d ep o s its — including retail R P s — a re tho se issu ed in a m o u n ts of less than $ 1 0 0 ,0 0 0 . All IR A a n d K e o g h a c c o u n t b a la n c e s a t c o m m e rc ia l b a n k s a n d
thrifts a re s ub tracted from sm all tim e d ep o s its .

p
preliminary
Components may not add to totals due to rounding.



H.6 (508)
Table 9
NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3 AND DEBT
Billions of dollars
Date

5.

RPs3
Eurodollars4

At commercial
banks2

At thrift
institutions

Total

At commercial
banks

At thrift
institutions

Total
Non-M2 M3

Total

Debt components5
Federal

Non-Federal

6 60 . 5
6 70 .4

6 5 2 .4
66 7 . 3

94.4
95.2

746.8
762.4

290.8
290.4

64.1
61.6

354 . 9
352.1

180.0
192.4

1942.1
1977.2

3605.4
3633.7

13827.9
13911.9

Apr.
May
June

6 59 . 9
664 . 1
6 69 .8

682 . 3
686 . 3
693 .3

94 .8
94.5
95.9

7 7 7 .1
780.8
789.2

284 . 1
298.4
304 . 2

61.0
62.2
62.0

34 5 . 1
36 0 . 6
366.2

1 87 . 4
193.1
190.8

1969.5
1998.6
2016.0

3597.2
3514.0
3475.5

14024.5
14151.1
14264.9

July
Aug.
Sep.

6 85 .4
710 .1
721.9

694 .6
702 . 6
700.4

97.8
99.4
101.0

792.4
802.0
801.4

300.9
295.6
294.0

62.8
65.1
64.9

36 3 . 7
360.7
35 8 . 9

184.6
187.5
190.2

2026.1
2060.4
2072.4

3448.3
3437.6
3426.4

14350.2
14426.2
14517.8

Oct.
N ov.
Dec .

735 .2
756 .5
7 8 6 .2

696 .3
704 .7
725 .9

102.8
103.8
103.1

799.2
808 .5
8 29 .0

292.2
293 .3
295 . 6

63.8
62.5
62.5

35 6 . 0
35 5 . 8
358 . 0

190.5
194.1
199.5

2080.9
2114.9
2172.7

3395.3
3401.2
3403.5

14607.9
14708.0
14811.1

2001-Jan.
Feb.
Mar.

828 . 0
888 . 9
905 . 6

734 . 1
705 .4
682 . 9

105.1
106.7
107 . 6

839 .2
812.1
790.5

294.3
287.1
279 . 9

62.1
64.4
62.9

356.4
351.5
342.7

196.6
196.7
199.0

2220.2
2249.2
2237.8

3373.2
3368.7
3392.5

14896.5
14974.4
15046.8

Apr.
May
June

915 . 3
957 . 1
985 . 0

702 . 0
708 .7
709 .3

109 .4
111. 3
109.9

811.4
820.0
819 .2

293 . 1
302.1
301.4

63.8
64.1
63.7

35 6 . 9
366 . 1
365 . 2

188.9
191.0
189.9

2272.5
2334.3
2359.3

3341.0
3262.9

4
11
18
25

979
988
987
981

.6
.9
.5
.0

7 2 2 . .7
7 1 4 ,. 6
707 . 1
703 . 8

110.7
110.2
109.8
109.6

833, .3
8 24, .8
8 16, .9
8 13, .4

299.5
306.7
305.5
298.3

63.1
63.7
63.8
64.4

362.6
370.4
369.2
362.8

189.9
188.5
187.6
190.3

2365.4
2372.7
2361.3
2347.5

2
9
16
2 3p
3 Op

986
976
995
994
981

1
.3
.9
.4
.2

704 . 3
7 0 8 ..8
701,. 3
6 9 2 . .5
6 9 2 . .0

109.8
110.1
110.0
111.5
112.4

8 14, .1
8 18. .8
8 1 1. .4
8 0 4. .0
804 . 4

294 . 1
290.3
293 . 5
299.5
298.1

63.4
63.6
63.9
63.0
62.6

357 . 5
353 .9
357 . 4
362.5
36 0 . 7

194.3
192.9
191.1
196.3
192.4

2351.9
2341.9
2355.7
2357.1
2338.7

July

3.
4.

Large-denomination time deposits1

2 0 0 0 -Feb.
Mar.

Wee k e n d i n a
2 0 0 1 - June

1.
2.

Institutional
money funds

.

p

15131.2
15235.2

Large-denomination time deposits are those issued in amounts of $100,000 or more, excluding those booked at international banking facilities
Large-denomination time deposits at commercial banks less those held by money market mutual funds, depository institutions, U.S. government and foreian banks and
official institutions.
a
Overnight and term RPs of $100,000 or more issued by depository institutions, excluding those held by depository institutions and by money funds
Overnight and term Eurodollars issued to U.S. addressees by foreign branches of U.S. banks worldwide and by all banking offices in the United Kinqdom and Canada
excluding those held by depository institutions and by money funds.
’
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities.

p
preliminary
Components may not add to totals due to rounding.



p

Page 10

H.6 (508)
Table 10
MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted
Demand deposits
at banks due to
Date

Foreign
commercial
banks

Foreign
official
institutions

Time and
savings
deposits
due to
foreign
banks and
official
institutions

U.S. government deposits
Demand
deposits at
commercial
banks

Balance
at
Federal
Reserve

Note
balances at
depository
institutions1

Total
cash
balance

IRA and Keogh Accounts
Tim e and
savings
deposits at
commercial
banks

At
commercial
banks

At
thrift
institutions

At
money
m arket
funds

Total

2000-Feb.
Mar.

9.3
8.8

1.3
1.2

29.2
27 .9

1.2
1.3

5.3
5.3

24.3
14.1

30.8
20.8

5.4
5.5

148.0
147.9

93.8
93.0

141.4
141.7

383.1
382.6

Apr.
May
June

8.7
9.1
9.4

1.2
1.2
1.3

27.7
28.6
29.5

5.0
1.5
2.3

8.4
7.1
6.2

40.0
57.5
37.0

53.3
66.0
45.6

5.5
5.6
5.7

148.7
150.2
151.7

92.6
92.5
92.5

141.5
140.9
140.3

382.8
383.6
384.4

July
Aug.
Sep.

9.2
8.6
8.0

1.3
1.2
1.2

29.8
29.5
29.2

1.2
1.1
2.5

5.2
5.0
6.7

37.4
9.5
22.0

43.8
15.7
31.1

5.8
6.0
6.2

153.1
154.3
155.6

92.6
92.8
93.1

140.4
141.1
141.9

386.0
388.3
390.5

Oct.
Nov.
Dec .

8.2
9.0
9.9

1.2
1.4
1.6

29.4
29.9
30.5

1.4
1.2
1.5

5.3
5.1
5.8

13.2
10.6
11.6

20.0
16.9
18.9

6.3
6.3
6.3

156.3
156.6
156.8

93.2
93.3
93.3

142.2
142.1
142.1

391.7
392.0
392.2

2001-J a n .
Fe b .
Mar.

9.5
8.4
7.3

1.5
1.4
1.3

32.1
34.2
36.4

2.6
1.2
1.2

6.7
4.9
5.4

36.5
16.0
6.4

45.7
22.1
13.0

6.8
7.4
8.1

157.7
158.8
160.0

93.7
94.7
95.7

142.1
142.1
142.1

e
e
e

393.5
395.6
397.8

o
e
e

Apr.
May
June

6.7
6.7
6.7

4.7
1.1
2.0

5.9
5.1
5.6

18.8
25.7
15.2

29.4
31.9
22.8

8.4
8.4
8.4

142.1
142.1
142.1

e
e
e

399.3
400.3
401.2

e
•
e

4
11
18
25

1.0
1.4
3.5
2.3

4.7
4.9
4.7
6.7

6.1
4.1
4.0
28.6

11.8
10.4
12.1
37.6

2
9
16
2 3p
3 Op

1.1
1.1
1.4
1.0
1.0

6.7
5.0
4.8
5.1
5.2

33.5
10.3
10.2
24.7
33.2

41.4
16.4
16.4
30.7
39.4

Week e n d i n a
2 0 0 1 -J u n e

July

e
e
e

1.2
1.2
1.2

e
e
e

1. Source: Daily Treasury statement,
e
estimated
p
preliminary
Components may not add to totals due to rounding.




37.5
37.5
37.5

e
e
e

e
e
e

161.0
161.8
162.6

e
%
e

96.3
96.4
96.6

e
e
e