Full text of H.6 Money Stock Measures : December 15, 1994

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

'•rfSitiSSV

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES6

For r e l e a s e at 4:30 p.m. Eastern Time

Billions of dollars

D E C E M B E R 15,1994

M11

Date

M22

M33

DEBT5

Seasonally adjusted
1992-DEC.

1024 .8

3509 .0

4183 .0

5057 . 1

11706 . 1

1993-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1033
1035
1040
1047
1067
1076
1086
1095
1105
1113
1122
1128

.0
.4
.2
.1
.7
.6
.4
.3
.1
.4
.4
.4

3502 .7
3494 . 1
3494 .7
3497 .9
3521 .8
3528 .6
3 5 3 3 .2
3536 .0
3 5 4 4 .3
3 5 4 8 ,. 0
3 5 6 0 ,.3
3 5 6 7 ,• 9

4162 .6
4156 .7
4155 .6
4163 .2
4188 .8
4189 .0
4187 .9
4188 .4
4197 .6
4 2 0 5 ,• 3
4 2 1 9 ,.0
4 2 3 2 ,. 0

5040 .2
5036 .2
5037 .5
5055 .6
5 0 8 9 .. 4
5 0 9 0 .7
5 0 8 7 , .2
5096 .4
5 0 8 9 ,. 6
5 1 0 0 ,.3
5 1 1 3 ,.8
5 1 3 5 ..0

11743
11779
11830
11892
11953
12009
12063
12121
12174
12211
12268
12335

1994-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULT

1 1 3 3 ,. 5
1 1 3 8 ,.5
1 1 4 2 ,. 3
1 1 4 1 ,. 1
1 1 4 2 .. 8
1 1 4 6 , .3
1 1 5 3 ., 1
1 1 5 1 , ,0
1 1 5 2 ,,0
1148. 5
1147 . 7

3 5 7 3 ,. 1
3 5 6 9 ..4
3 5 8 3 , .5
3 5 9 2 ,.2
3596. 2
3589. 1
3603. 5
3597 . 8
3596. 6
3593 . 4
3595. 5

4 2 3 6 . .5
4 2 1 0 . .5
4 2 1 9 ..6
4 2 3 0 ..0
4 2 2 9 ., 1
4 2 2 9 ., 1
4 2 5 0 . ,0
4243 . 3
4248. 7
4261. 2
4269. 6

5 1 5 5 , .5
5 1 4 3 , .7
5 1 4 3 . ,8
5165. 9
5171. 8
5160. 7
5186. 4
5179. 6
5175. 0
5207. 3 P

1 2 3 7 9 , .6
1 2 4 3 0 . .4
1 2 4 9 6 , ,0
12555. 2
12613. 6
12655. 5
12683. 4
12749. 1
12809. 6
12860. 3 p

T

-V

.

SEP.
OCT.
NOV.

p

.8
.3
.4
.8
.9
.0
.9
.7
.9
.4
.4
.4

Not seasonally adjusted
1992-DEC.

1046 .7

3527 .6

4198 .2

5087 .6

11708 .9

1993-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1041 .0
1023 .0
1031 .6
1058 .7
1058 . 1
1073 .2
1084 .3
1088 .8
1 0 9 9 ,. 1
1 1 1 1 ,.8
1129 .6
1 1 5 3 ,. 8

3508
3484
3495
3515
3507
3524
3529
3529
3533
3546
3569
3590

.2
.1
.7
.1
.2
.3
.5
.0
.9
.0
.0
.5

4163 .2
4150 .0
4158 .3
4178 .5
4179 .8
4185 .3
4180 .9
4185 . 1
4186 .8
4 1 9 9 ,.8
4 2 3 0 ,• 6
4 2 5 1 .,4

5053 .9
5030 .9
5043 .7
5065 .0
5 0 6 7 ,. 4
5 0 8 0 ..2
5 0 7 2 ,. 5
5 0 8 6 .2
5077 .5
5092 .7
5135 .0
5169 .9

11728 . 1
11741 .0
11788 .3
1 1 8 3 9 ,. 6
1 1 8 9 1 ,. 4
1 1 9 6 4 , .3
1 2 0 2 0 ,. 4
12072 .4
1 2 1 3 4 .. 1
1 2 1 7 2 , .9
1 2 2 4 1 , .3
1 2 3 2 7 ,. 6

1994-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV. p

1142 . 8
1 1 2 4 ,.6
1 1 3 1 ..9
1 1 5 3 .. 1
1 1 3 2 .,8
1 1 4 2 ..5
1 1 5 1 . ,0
1144. 0
1146. 1
1147 . 4
1155. 5

3 5 7 9 ,. 8
3 5 5 7 , .3
3 5 8 1 ..9
3 6 0 9 . >5
3 5 8 1 . .5
3 5 8 5 .,0
3 5 9 9 , .7
3 5 9 0 ,, 1
3 5 8 6 , .2
3 5 9 1 , ,8
3 6 0 5 .. 1

4 2 3 7 .,4
4 2 0 1 , .3
4 2 1 9 . .5
4 2 4 5 , ,7
4 2 2 0 ,. 1
4 2 2 5 , .6
4 2 4 3 ,.0
4239. 3
4238. 0
4255. 7
4282. 5

5 1 6 9 ,,8
5 1 3 5 .. 4
5 1 4 7 , .7
5 1 7 5 ,,0
5 1 4 8 . ,5
5150. 2
5171. 8
5168. 9
5162. 9
5199. 6 p

1 2 3 7 2 ,. 1
1 2 4 0 3 , ,5
1 2 4 5 6 , ,5
1 2 4 9 8 , ,3
12545. 8
12608. 5
12643. 0
12700. 9
12765. 9
12819. 8 p

Footnotes appear on the following page
p

preliminary




Page 2
H.6 (508)
Table 2

MONEY STOCK AND DEBT MEASURES
Percent change at seasonally adjusted annual rates
M1

M2

M3

DEBT1

f r o m AUG.

1994

TO NOV.

1994

-1.1

-0.3

2.5

5•6

3 Months

f r o m MAY

1994

to

NOV.

1994

0.9

-0.0

1*9

4.9

6 Months

1993

TO NOV.

1994

2.3

1.0

1.2

5.3

f r o m NOV.

T h i r t e e n w e e k s e n d i n g DECEMBER
5 , 19 94
f r o m t h i r t e e n weeks e n d i n g :
SEP.
5, 1994 (13 weeks p r e v i o u s )

-0.6

-0.2

1.8

12 M o n t h s

JUNE

6,

1994

(26

weeks

previous)

1.2

0.2

1.6

DEC.

6,

1993

(52

weeks

previous)

3.1

1.2

1.2

..
urowiri raies lur ueui die uaoeu uu (jcnuuo
a
and October 1993 to October 1994, respectively.
Footnotes to Table 1:

levels of credit market debt are measured on a quarter-end basis and contain discontinuities.




l

i

1,. Ii il. i -1 nCM

1 3A
Q( Anril 1QQA tn October 1994.

Page 3

H.6 (508)
Table 3

MONEY STOCK MEASURES
Billions of dollars
Seasonally adjusted
M1
Period ending
1994-SEP.

OCT.

4-week
average

week
average

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

12
19
26

1151.4
1151.4
1151.9

1153.2
1152.4
1152 .6

1151.5
1150.2
1154.1

3598.0
3598.5
3599.2

3598.6
3596.9
3596.8

3597.1
3595.1
3599.0

4243.2
4244.6
4246.6

4246.3
4245.9
4247.9

4247.0
4247.4
4254.3

3

1152.3
1152.2
1151.9
1151.3
1150.2

1151.6
1150.8
1150.4
1149.3
1147.7

1150.7
1148.3
1148.4
1149.6
1144.3

3599.2
3598.8
3598.4
3597.4
3595.5

3596.7
3595.6
3596.0
3595.0
3592.3

3595.5
3592.9
3596.6
3594.9
3584.8

4247.8
4248.9
4249.8
4250.3
4250.8

4249.8
4252.4
4255.9
4258.5
4261.6

4250.6
4257.3
4261.2
4264.9
4262.9

2 8p

1150.0
1149.7
1149.6
1149.5

1146,
1145.
1146.
1148 .

1143.8
1143.5
1153.0
1152.1

3595.3
3594.5
3594.8
3595.0

3590.9
3588.8
3591.5
3595.7

3587.4
3588.2
3605.6
3601.7

4253 ,
4254
4257 ,
4259,

4263.4
4264.5
4267.2
4270.0

4264
4265
4275
4274,

5p

1149.2

1149.8

1150.5

3595.3

3598.9

3600.2

4261.3

4271.6

4271.0

17
24
31
7
14

21
DEC.

M3

13-week
average

10

NOV.

M2

Not seasonally adjusted
1994-SEP.

OCT.

12
19
26

1146.8
1147.2
1147.4

1146.3
1148.7
1147.8

1160.7
1147.6
1124.1

3591.9
3592.3
3592.6

3590.3
3590.3
3587.8

3608.5
3586.5
3558.3

4237 . 1
4238.5
4240.1

4241.0
4241.8
4239.7

4261.1
4240.1
4213.1

3

1146.4
1145.8
1146.3
1146.4
1145.7

1143.8
1143.4
1145.9
1148.5
1146.4

1142.7
1159.0
1157.8
1134.4
1134.4

3591.2
3590.3
3590.6
3590.5
3589.1

3583.7
3583.6
3589.0
3593.6
3591.1

3581.5
3608.0
3608.0
3576.8
3571.7

4239.9
4240.7
4242.3
4243 .7
4244.3

4235.8
4237 .6
4244.6
4252 .9
4257 .0

4229.0
4268.1
4268.0
4246.5
4245.5

28p

1145.9
1146.5
1147.7
1149.4

1146.5
1147.1
1152.0
1155.6

1159.5
1159.9
1154.0
1149.0

3589.4
3589.8
3591.6
3593.6

3590.7
3591.0
3599.2
3604.9

3606
3609,
3609,
3594,

4246.7
4249.7
4253.2
4257.4

4260 .4
4266.0
4274.9
4282.7

4281.5
4290.3
4282.3
4276.6

5p

1150.4

1158.7

1171.9

3595.9

3610.2

3627.4

4261.6

4286.9

4298.4

10
17
24
31
NOV.

7
14

21
DEC.

Note. Special caution should be taken in interpreting week-to-week changes in money supply data, which are highly volatile and subject to revision,
p

preliminary data.




Page 4
H.6(508)
Table 4

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Nontransactions components

Other checkable deposits
Currency1

Travelers checks2

1993-JULY
AUG.
SEP.

309.7
312 . 4
315.4

7.9
7.8
7.8

OCT.
NOV.
DEC.

317.6
319.5
321.4

1994-JAN.
FEB.
MAR.

Date

At commercial
banks4

At thrift
institutions5

Total

In M26

In M3 only7

366 .0
370.9
375.4

294.8
295.9
297 .8

108.0
108.3
108.8

402.8
404.2
406.6

2446.9
2440.8
2439.2

654.6
652.3
653 . 3

7.8
7.9
7.9

378.4
383 .2
384.8

299.1
300.8
302.6

110.4
111.7

409.5
411.8
414.3

2434.6
2438.0
2439.5

657.3
658.6
664.1

325.2
329.2
332.4

7.9
7.9

8.0

388.3
390.3
390.0

300.4
299.2
300.0

111.6
112.0
112.0

412.0
411.2
411.9

2439.6
2430.9
2441.2

663.4
641.1
636.1

APR.
MAY
JUNE

334.8
337.6
340.3

8.1
8.1
8.1

388.9
385.8
386.5

298.3
300.8
301.3

111,
110,
110,

409.3
411.2
411.4

2451.1
2453.4
2442.8

637.8
632.9
640.0

JULY
AUG.
SEP.

343.2
345.4
347.3

8.2
8.3
8.4

389.1
387.5
388.0

302.4
301.1
300.1

110.1
108.7
108.1

412.5
409.7
408.2

2450.3
2446.7
2444.6

646,
645,
652 ,

OCT.
NOV.

349.9
352.9

8.4
8.4

385.9
383.5

297.5
297.3

106.9
105.6

404
402

2444.9
2447.8

667.8
674.0

348.5
349.2
350.4
352.3

8 ., 4
8 ,. 4
8 , .3
8 , .3

3 8 6 , ,8
3 8 7 .,3
3 8 6 .,3
3 8 1 , .7

298
296
296
297

.1
.7
.7
.3

106.5
106.9
107.9
104.7

404.5
403 .6
404.6
402.0

2 4 4 4 ,. 6
2 4 4 8 ,.2
2 4 4 5 ,. 4
2 4 4 0 ,. 5

664.3
664.6
670.0
678.1

2 8p

352.3
352.4
352.9
353.6

8 , ,3
8 ,. 4
8 ,. 4
8 ,. 5

3 8 0 ,.8
3 8 1 ,. 1
3 8 7 ,. 9
3 8 4 ,. 9

297
296
298
297

.3
.5
.5
.7

105.1
105.2
105.2
107.3

402.4
401.7
403.7
405.0

2 4 4 3 ,. 7
2444 .6
2 4 5 2 ,. 6
2 4 4 9 .7

677.2
677.3
670.1
672 . 5

5p

353.9

8 .5

3 8 3 ,. 6

298 .4

106.1

404.4

2449 .8

670.8

Week e n d i n g
1 9 9 4 - O C T . 10
17
24
31
NOV.

7
14

21
DEC.

1.
2.
3.
4.
5.
6.
7.

Demand deposits3

111.0

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.
. . .
.
, ,
Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers checks issued by depository institutions are included in d e m a n d 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.
Consists of N O W and A T S balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.
Consists of N O W and A T S balances at thrifts, credit union share draft balances, and demand deposits at thrifts.
Sum of overnight RPs and Eurodollars, money market fund balances (general purpose and broker/dealer), savings deposits (including money market deposit accounts)
and small time deposits. This sum is seasonally adjusted as a whole.
. . .
,
„ .
. u. n D
.
l v
Sum of large time deposits, term RPs and Eurodollars of U.S. residents, money market fund balances (institution-only), less the estimated amount of overnight RPs and
Eurodollars held by institution-only money market mutual funds. This sum is seasonally adjusted as a whole.

Digitized efor FRASER
estimated


p

preliminary

Page 5
H.6 (508)
Table 4 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Savings deposits1
Date

Small-denomination time deposits2

General
purpose and
broker/
dealer
money
market funds

Institutiononly money
market funds

At
commercial
banks

At
thrift
institutions

Total

commercial
banks

At
thrift
institutions

771.7
775.4
778 . 0

430.4
430.5
430.4

1202 . 1
1205.9
1208.4

482.9
478.6
475.4

331.4
327.9
324.5

814.4
806.5
799.9

346.6
345.5
345.0

192.6
190.1
190.8

778.4
782.4
785.3

430.4
429.5
430.2

1208.8
1211.9
1215.5

472.5
469.5
468.6

322.4
321.1
317.1

794.9
790.6
785.7

344.4
347.0
348.8

430.2
429.8
431.7

1220

MAR.

790.1
791.1
790.2

1220,
1221,

465.5
464.0
462 . 6

314.0
310.5
308.5

779.5
774.4
771.1

APR.
MAY
JUNE

788.2
784.2
779.2

432.5
431.7
428.0

1220 ,
1215,
1207.2

461.7
464.1
466.7

306.9
305 . 0
303.7

JULY
AUG.
SEP.

777.8
776.0
773.7

424.7
418.8
412.9

1202 .
1194.

1186.

468.9
474.8
479.8

OCT.
NOV. p

765.9
759.7

407 ,
400,

1173 ,
1159,

10
17
24
31

768.2
767.3
765.3
761.6

408.3
407.6
407.3
405.3

7
14
28p

760.3
760.2
760.8
758.9

5p

754.7

1993-JULY

AUG.
SEP.
OCT.
NOV.

DEC.
1994-JAN.

FEB.

Total

Large-denomination time deposits3
commercial
banks4

NOV.

21
DEC.

1.
2.
3.
4.
p

Total

277.4
277.8
276 . 6

64.5
63.9
63 . 8

341.8
341.6
340.4

194.3
194.8
197.0

277 .9
275.9
277.2

63.7
63.5

61.8

341.6
339.4
339.0

347.8
343.7
348.4

192.7
176.9
177.4

279.7
274.7
271.1

62.1
61.8
61.1

341.8
336.5
332.2

768.6
769.1
770.4

361.5
365.1
359.3

177.0
169.3
169.5

270.6
274.9
274.9

61.5
60.1
60.4

332.1
335.0
335.3

303.7
302.9
303.5

772.6
777.7
783.2

363.5
362.9
362.3

170.9
169.3
167.9

276.5
279.8
284.7

61.2
62.1

337.7
340.7
346.8

486.6
493 .9

306.8
311.8

793.4
805.7

365.0
369.8

175.3
175.6

291,
298 ,

63.3
63.5

354.9
361.5

1176.4
1174.9
1172.6
1166.8

484,
486 ,
487 ,
489,

304 .9
306.5
307.9
309.2

789.4
792.8
795.8
798.5

365.3
365.1
364.6
365.8

175.8
177.1
172.4
175.6

289.5
291.1
294.3
295.3

62.6
63.2
63.4
63.9

352.2
354.3
357.7
359.2

401.5
400.0
400.7
399.7

1161.8
1160.2
1161.5
1158.7

492 ,
493 .
494.
495.3

309,
311,
312 ,
313.3

801.
804.
806.
808.

366.6
368.1
372.1
371.8

177.1
182.4
173.2
171.0

296.5
297 .6
297.8
299.3

63
63
63
63

360.0
361.1
361.3
362.9

396.4

1151.1

497.9

313.4

811.2

372.7

171.7

300.1

63.7

Week ending
1994-OCT.

At
thrift
institutions

60.9

,
,
,
,

363.8

Savings deposits include money market deposit accounts.
Small-denomination time deposits—including retail RPs—are those issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial banks
and thrifts are subtracted from small time deposits.
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 foreign banks and
official institutions.
preliminary




Page 6
H.6(508)
Table 4 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, s e a s o n a l l y a d j u s t e d
Debtcomponents4

N o n - M 3 C o m p o n e n t s of L
Savings bonds

S h o r t - t e r m T reasury
securities 1

Bankers acceptances

Commercial paper

Federal debt

Non Federal d e b t

1993-JULY
AUG
SEP.

167.1
168.2
169.2

344.3
343.8

17 . 4
16.5

370.4
379.5
378.4

3226 .7
3247 .9
3267 .5

8837.2
8873.8
8907.4

OCT.
NOV.
DEC.

170 . 1
170 . 8
171.7

323.7
324.6
329.9

16.4
15.3
14.6

384.7
384.1
386.8

3269.7
3295.5
3328.0

8941.6
8972.9
9007

1994-JAN.
FEB.
MAR.

172.7
173.4
174.1

339.8
341.5
344.8

14.9
15.3
15.7

391.6
403.0
389.6

3338.3
3355.1
3379 .6

9041.3
9075.3
9116.4

APR.
MAY
JUNE

174.8
175.7
176.6

362 .
364 ,
351.

14.2
11.5
10.6

384.9
391.0
392.6

3390.6
3402.5
3416.4

9164.6
9211.1
9239 .2

JULY
AUG.
SEP.

177.5
178.4
179.0

355,
359
344.3

10.8
11.3
12.0

392.7
387.0
391.0

3419.3
3436.7
3454.0

9264.0
9312.5
9355.6

347.0

11.9

407.8

9390.8

179.4

3469.4

OCT.

Consists of U S Treasury bills and coupons with remaining maturities of less than 12 months held by other than depository institutions, Federal Reserve Banks, money
2.
3,
4.
p

Ne[oTbankers^acceptance's'heid by accepting banks, Federal Reserve Banks foreign official institutions. Federal Home Loan Banks, and money market mutual funds,

Sbt' d " " n f , S o l T a ~ S
preliminary




»"d

"ee„

Page 7
1-1.6(508)
Table 5

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Currency1

Date

Nontransactions components

Demand
deposits3

At commercial

^Atthnft^

Tota|

In M2'

In M3 only?

° C T

h t

Eurodollars9

3 1 1 ,. 0
3 1 2 ,. 8
3 1 4 ,. 8

8 ,. 4
8 ,. 4
8 ,.2

3 6 5 ,. 5
3 6 7 ,. 9
3 7 3 ,. 1

2 9 0 ,. 9
2 9 2 ,. 1
2 9 5 ,.0

1 0 8 ,.5
107 ..7
1 0 8 ,. 0

3 9 9 ,. 3
3 9 9 ,. 7
4 0 3 ,. 0

2445.3
2440.2
2434.8

651.4
656.1
652.9

67 . 7
67 ,. 5
7 0 ,. 6

13.5
14.7
14.9

OCT.
NOV.
DEC.

3 1 7 ,. 3
319 , 8
3 2 4 ,. 9

8,. 0
7 ,.7
7 ,. 6

3 8 1 ,. 1
3 9 1 ,. 1
4 0 2 ,. 6

2 9 5 ..6
2 9 9 ,. 6
3 0 6 ,.3

1 0 9 ,.8
1 1 1 ,. 4
1 1 2 ,. 4

405 .3
4 1 0 ,. 9
4 1 8 ,.6

2434.3
2439.5
2436.7

653.8
661.5
660.9

7 2 ,. 3
7 3 ,. 2
74 .5

17.2
17.4
17.8

1994-JAN.
FEB.
MAR.

3 2 4 ,. 0
3 2 7 ,. 3
3 3 0 ,. 7

7 ,.7
7 . .7
7 ,. 8

3 9 3 ,. 1
3 8 0 ,. 6
3 8 0 ,.6

3 0 6 ,.8
2 9 9 ,,6
3 0 1 ,.6

1 1 1 , .2
1 0 9 ,. 5
1 1 1 , .3

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

2437.0
2432.7
2450.0

657 . 6
644.0
637.7

7 7 ,. 1
7 6 ,. 6
8 0 ,. 1

18.0
16.9

APR.
MAY
JUNE

3 3 4 ,. 4
3 3 7 ,. 4
340 . 6

7 ,. 8
7 ,. 9
8 ,.3

3 9 0 ,.2
3 7 8 ,.8
3 8 3 ,. 4

3 0 6 , .3
2 9 8 ,. 1
2 9 9 ,. 4

1 1 4 , .3
1 1 0 , .7
1 1 0 , .7

4 2 0 ,. 6
4 0 8 ,. 7
4 1 0 ,. 1

2456.4
2448.8
2442.5

636.2
638.6
640.6

80 .3
80 .7
82 . 7

16.7
19.3
21.5

JULY
AUG.
SEP.

3 4 4 ,. 9
3 4 5 ,. 7
3 4 7 ,. 1

8 ,. 8
8 ,. 9
8 ,. 8

388 . 4
3 8 4 ,.2
3 8 5 ,.7

2 9 8 , .3
2 9 7 ,. 1
2 9 7 ,.3

1 1 0 ,.6
1 0 8 ,. 0
1 0 7 ,.2

4 0 8 ,.9
4 0 5 ,.2
4 0 4 ,.5

2448.7
2446.0
2440.1

643.3
649.3
651.9

83 . 8
85 .8
87 . 6

25.4
25.1
24.9

3 4 9 ,. 6
3 5 3 ,. 3

8 ,. 5
8 ,.2

3 8 9 ,. 0
3 9 1 ,.8

2 9 4 ,.0
2 9 6 ,. 1

1 0 6 , .3
1 0 6 ,. 0

4 0 0 ,.3
4 0 2 ,. 1

2444.4
2449.6

664.0
677.4

88 .9
88 .9

27 . 3
26.2

10
17
24
31

3 5 1 ,. 1
3 4 9 ,. 6
3 4 9 ..2
3 4 9 ,. 0

8 .. 6
8 ,.5
8 ,. 4
8 , .3

3 9 2 ,. 0
3 9 6 ,.9
3 8 1 ,.5
3 8 3 ,.3

2 9 8 , .3
2 9 5 ,.6
2 9 1 , .3
2 8 9 ,.9

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

4 0 7 ,. 3
4 0 2 ,. 9
3 9 5 ,.3
3 9 3 ,. 7

2449.0
2450.2
2442.4
2437.3

660.1
660.0
669.7
673 . 8

8 9 .. 3
8 9 ,. 6
8 9 ,. 3
87 ,. 0

27.1
28.5
27.0
26.1

NOV.

7
14
21
28p

3 5 3 ,.3
3 5 3 ,. 4
353 . 0
3 5 4 ,,0

8 , .3
8 . .3
8 . .2
8 , ,2

3 9 0 ,.0
3 9 4 , .2
3 9 1 ,.8
3 9 0 ,.6

2 9 9 ,.3
2 9 7 ,.2
2 9 5 ,,8
2 9 2 ,. 6

1 0 8 ,.6
1 0 6 ,.8
1 0 5 ,, 1
1 0 3 ,. 6

4 0 7 ,. 9
4 0 4 ,.0
4 0 0 ,. 9
3 9 6 ,.3

2446.6
2449.3
2455.7
2445.3

675.4
681.1
672 . 6
682.3

8 8 ,. 7
8 8 ,. 3
92 ,. 6
85 .2

26.2
25.3
27.4
25.6

DEC.

5p

3 5 4 ,. 5

8 . .2

3 9 9 ,. 1

3 0 1 , .3

1 0 8 ,.9

410 ,2

2455.5

671.0

9 1 ,. 7

27.2

p

Week endincr
1994-OCT.

H
00

1993-JULY
AUG.
SEP.

OCT.
NOV.

1.
2.
3.

Other checkable deposits

Travelers
checks2

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.
Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers checks issued by depository institutions are included in d e m a n d 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.
4. Consists of N O W and A T S balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.
5. Consists of N O W and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts.
6. Sum of overnight RPs and Eurodollars, money market fund balances (general purpose and broker/dealer), savings deposits (including money market deposit accounts) and small time
deposits.
7. Sum of large time deposits, term RPs and Eurodollars of U.S. residents, money market fund balances (institution-only), less the estimated amount of overnight RPs and
Eurodollars held by institution-only money market mutual funds.
8. Consists of overnight and continuing contract RPs issued by all depository institutions to other than depository institutions and money market mutual funds (general purpose and
broker/dealer).
9.
Issued by foreign branches of U.S. banks worldwide to U.S. residents other than depository institutions and money market mutual funds (general purpose and broker/dealer).



Page 8
H.6 (508)
Table 5 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Small-denomination time deposits2

Savings deposits1

General
purpose and

institution-

S I suss

Large-denomination time deposits3
At
thrift
institutions

commercial
banks

At
thrift
institutions

Total

1205.0
1206.9
1206.4

483 .9
479 .6
476.7

332.1
328.6
325.4

816.0
808.2
802.0

343.0
343.0
340.8

188.6
190.1
187.5

277.1
279.5
277.6

64.4
64.3
64.0

341.5
343.8
341.6

430 .0
430.4
429.4

1207.7
1214.4
1213.2

473.3
468 .8
467 .6

323.0
320.7
316.4

796.3
789.5
784.0

340.7
345.0
347.2

189.2
194.0
195.8

277 . 6
276.2
276.0

63.7
63.6

61.6

341.3
339.8
337.6

786. 1
787 . 7
7 9 1 . ,3

4 2 8 . ,0
4 2 7 ,,9
4 3 2 .,3

1214. 1
1215. 6
1 2 2 3 .,6

465. 6
4 6 3 .,8
4 6 2 .,2

3 1 4 . ,0
3 1 0 . ,3
308 .,2

779
774
770

348.1
349.4
357.4

196.2
186.1
180.5

276.7
273.0
270.9

61.4
61.4
61.1

338.1
334.4
332.0

APR.
MAY
JUNE

7 9 0 .,6
7 8 4 , .8
7 8 1 , .9

4 3 3 ,.8
4 3 2 ,. 1
429 .5

1 2 2 4 . .4
1 2 1 6 . ,9
1 2 1 1 , .4

4 6 1 . ,2
463 , 1
4 6 6 , .3

3 0 6 , .6
3 0 4 , .3
3 0 3 . .4

767
767
769

367.2
364.5
357 . 1

176.2
171.0
166.3

269.9
277 . 3
276.8

61.3

60.6
60.8

331.2
337.8
337.6

JULY
AUG.
SEP.

779
776
772

,. 6
.6
.4

425 .7
419 .0
412 .2

1 2 0 5 .3
1195 .6
1184 .6

469 .9
475 .9
481.2

304 .4
303 . 6
304 .3

774
779
785

360 . 0
360.2
357 .5

167.4
169.5
165.1

276.2
281.6
285.8

61.1
61.3
62.3

337.3
342.9
348.1

OCT.
NOV. p

765 .2
7 6 1 .3

407 . 1
401 . 1

1172 .3
1162 .4

487 .6
493 . 1

307 . 4
3 1 1 .3

794
804

360.9
367.7

170.5
175.0

291.4
298.4

63.2
63.6

354.6
362.0

I i

m

i 11 § § I i

11: i

commercial
banks

At
thrift
institutions

-JULY
AUG.
SEP.

773 . 6
776.0
776.7

431.4
430.8
429.7

OCT.
NOV.
DEC.

777.7
784.0
783 . 9

•JAN.
FEB.
MAR.

Date

^

31

- :

28p

DEC.

5p

Total

market funds

commercial
banks4

7 57 * 0

I!

398.7

I!

1155.7

494.2

E

312.6

806.8

=%

372.0

E

172.3

Ei

E!i

Eii

E

757.1

397.7

1154.8

496.9

312.7

809.6

372.3

169.9

300.3

63.7

364.0

I m ^ N ^ n o m n a t i o n i ^ m e d e p o s i t s ^ i n c l u d i n g retail RPs—are those issued in amounts of less than $100,000. All IRA and Keogh account balances at commer3.
4.

EBEiEEB

p

preliminary

banks and official institutions.




Total

«
' »="

Page 9

H.6 (508)
Table 5 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Term RPs1
Date

At commercial
banks

4.
5.
6.

Total

Term
Eurodollars2

Savings bonds

Short-term
Treasury

Bankers

Commercial

Federal debt

Non-Federal

72.7
72 . 0
71.2

25 . 0
25 . 6
26 .0

97.8
97 . 6
97.3

41.9
44.1
45.2

167 . 0
167 .8
168 .7

339 .9
342 .4
326 .0

17 . 4
16 .3
15 . 9

367 .3
374 .6
380 .2

3201 .8
3229 .4
3251 .9

8818 .6
8842 .9
8882 .2

OCT.
NOV.
DEC.

70.5
69.7
70.8

25 . 4
25 . 9
26 . 0

95.9
95.6
96.8

45.0
48.9
47.0

169 .6
170 .6
1 7 1 .4

321 .8
332 .5
342 .6

16 . 3
15 . 7
15 . 3

385 .2
385 .6
389 .3

3249 .4
3287 .0
3329 .5

8923 .5
8 9 5 4 .3
8998 . 1

1994-JAN.
FEB.
MAR.

66.2
64.0
66.8

26 .6
27 . 5
27 . 2

92.9
91.5
94.0

46.0
48.1
47.2

1 7 2 ..6
1 7 3 . .7
1 7 4 ..6

3 4 5 .. 4
3 4 2 ..9
3 4 8 ..6

1 5 .. 6
1 5 . .5
1 5 . .2

398 .9
4 0 2 ..0
3 8 9 . .7

3 3 3 3 .. 0
3 3 4 5 ..4
3 3 7 4 ..5

9 0 3 9 .. 0
9 0 5 8 . .2
9 0 8 2 .. 0

APR.
MAY
JUNE

70.3
67.9
70.2

27 . 6
29 . 1
30 . 6

97.9
96.9
100.8

47.5
48.6
50.9

1 7 5 .. 4
176, 2
17 6 . 9

3 5 2 , ,8
3 5 5 , ,8
3 4 6 , ,3

13, 7
11. 4
10. 6

3 8 7 , ,3
3 8 5 , .0
3 9 0 , ,9

3376. 8
3379, 7
3394. 5

9 1 2 1 . ,5
9166. 1
9214. 0

JULY
AUG.
SEP.

69.6
67.1
67.6

32 . 3
33 ,. 1
33.7

101.9
100.3
101.3

51.7
51.7
52.2

177. 4
177. 9
178. 4

351. 1
358. 6
341. 8

10. 8
11. 1
11. 6

389. 5
382. 0
393. 0

3393. 9
3418. 4
3438. 4

9249. 1
9282. 5
9327. 5

66.4
66.4

3 4 ..7
35, 2

101.2
101.6

53.0
54.6

17 9 . 0 P

344. 5 P

11. 8 p

408. 6 p

3448. 7 p

9371.2

65.2
64.4
68.8
67.9

34 . 7
35. 0
35. 1
34. 6

99.9
99.4
103.9
102.5

52.3
51.9
53.2
55.5

p

Week e n d i n a r
1 9 9 4 - O C T . 10
17
24
31

2.

At thrift
institutions

1993-JULY
AUG.
SEP.

OCT.
NOV.

y

Debtcomponents 6

Non-M3 Components of L

NOV.

7
14
21
28p

66.9
64.7
63.4
71.0

35 . 1
36. 0
35. 0
34 . 6

102.0
100.7
98.4
105.6

54.7
55.1
54.2
55.5

DEC.

5p

65.2

35. 6

100.7

51.3

f A f rv* LD LJ A a

^ ^ A «.

D

i erm n r s are inose witn original maturities greater than one day, excluding continuing contracts and retail RPs.
lit h L l i
« - a r S ® r < M h c ? i e ." i l h l 5 , . r i 9 !!? a l maturities greater than one day. Consists of those issued to U.S. residents by foreign branches of U.S. banks world-wide and by
all banking offices in the United Kingdom and Canada. Excludes those held by depository institutions and money market mutual funds
Oonsists of U.S. Treasury bills and c o u p o n s with remaining maturities of less than 12 months held by other than depository institutions, Federal Reserve Banks money3
marKei mutual funds, and foreign entities.
Net of bankers acceptances held by accepting banks, Federal Reserve Banks, foreign official institutions, Federal Home Loan Banks, and money market mutual funds
Total commercial paper less commercial paper held by money market mutual funds.
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities.
preliminary




Page 10
H.6 (508)
Table 6

MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted
Demand deposits
at banks due to
Date

Demand
deposits at
commercial
banks

Balance
at
Federal
Reserve

Note
balances at
depository
institutions

Time and
savings
deposits at
commercial
banks

At
commercial
banks

32. 5
29. 5
37. 9

2. 8
3. 1
2. 8

146. 4
146. 1
145.8

118. 0
117. 4
116. 9

47. 3
47. 4
47. 5

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

12. 6
8. 8
16. 2

23. 1
18. 4
2 8 ., 1

2. 6
2. 7
2. 6

145. 2
144. 6
144. 2

116. 1
115. 3
114. 6

48. 1
49. 1
49. 8

3 0 9 . .4
3 0 9 . .0
3 0 8 .. 6

7. 3
6. 3
5. 2

25. 2
27. 9
15. 7

38. 3
38. 4
25. 1

2 .. 1
2. 6
2. 4

143. 9
143. 6
142. 6

114. 2 e
1 1 4 ., 1 e
1 1 4 . ,0 e

5 0 ., 1 e
50 .,7 e
5 1 . ,5 e

3 0 8 ,. 3 e
308 .3 e
308 .2 e

7 ., 1
4 . ,2
5.,3

5.,6
5..9
5.,9

20. 8
24. 3
18. 4

3 3 . ,5
3 4 . ,4
2 9 . ,6

2 ., 1
3 .. 1
2 . ,9

142. 2
142. 2
1 4 2 . ,3

1 1 4 . ,0 e
1 1 4 . ,0 e
1 1 3 . ,8 e

5 2 . ,6 e
5 3 . ,3 e
5 3 .. 8 e

308 .9 e
309 .5 e
3 1 0 .0 e

1 3 . ,2
1 3 . ,2
1 3 . ,2

4 ., 8
3 ., 9
5., 8

5., 4
5 ., 1
6..0

1 1 . ,3
1 0 ., 1
1 6 . ,9

2 1 . ,5
1 9 . .0
2 8 . .8

2 . .7
2 . .9
2 . .5

1 4 2 . .6
1 4 2 ..6
1 4 2 . .7

1 1 3 ..8 e
1 1 3 ..8 e
1 1 3 , .7 e

5 4 , ,5 e
55,. 1 e
55 . 8 e

310 .9 e
311 .6 e
312 . 1 e

1 3 , .2
1 3 , .3

4,. 3
4,.0

5,.6
5,. 2

1 2 ., 1
9.,8

2 2 , .0
1 9 , .0

2 ,.2
2 ,.0

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

1 1 3 , .7
1 1 3 , .7

e
e

56 . 4 e
56 . 8 e

3 1 3 .0 e
313 . 6 e

l . ,7
1 . ,4
1.,6

13
13
13
13

.2

3 .5
5 .4
3 .6

.2

4 .0

5 .7
4 .9
5.1
6 .2

4 ,. 1
5,. 1
1 6 ,. 6
1 7 , .5

13
15
25
27

.4
.4
.3
.7

2
2
2
2

13
13
13
13

.2
.3
.2
.3

4 .1
3 .7
4 .3
3 .9

5 .5
5 .3
4 .9
5.1

15 . 1
10 .0
6 .3
7 .9

24
19
15
16

.8
.0
.9

2 .2
2 .0
1 .9
1 .8

13 . 3

4 .5

4 .6

9 .7

18 . 7

1 .9

Foreign
official
institutions

SEP.

8. 5
8. 1
8. 5

2. 1
1. 6
1. 5

11. 5
11. 2
10. 8

4. 2
3. 8
5. 5

6. 9
5. 7
9. 3

21. 4
20. 0
23. 2

OCT.
NOV.
DEC.

8. 3
8. 2
9 ., 1

1. 6
1. 8
1. 6

10. 7
10. 8
10. 9

4. 5
4. 0
5. 2

5. 9
5. 6
6. 7

1994 -JAN.
FEB.
MAR.

8. 5
8. 4
8, 1

1. 6
1. 5
l. 6

1 1 . .3
11.9
12. 5

5. 7
4. 2
4. 3

APR.
MAY
JUNE

8 ., 6
8 ., 1
8 , ,2

1. 5
l. 5
l. 5

1 2 . .9
1 3 . ,0
1 3 ., 1

JULY
AUG.
SEP.

8 .,3
7 ,, 8
8 ,. 2

1. 5

OCT.
NOV.

8., 1
8,. 2

1. 6

.9
.5
.7
.0

1.,6

8 .1

P

Week e n d i n a
1 9 9 4 - O C T . 10
17
24
31
NOV.

DEC .

7
8
7
8

l. 5
1. 5

l. 7

2 8p

8 .2
8 .8

l . .6
l , ,5
l , ,6
2 . .3

5p

9.1

1,.5

7
14
21

estimated
preliminary




7 .5

IRA and Keogh Accounts

U.S. government deposits

Foreign
commercial
banks

1993 -JULY

e
p

Time and
savings
deposits
due to
foreign
banks and
official
institutions

.2

.2

Total
cash
balance

.5

.1
.2
.2
.1

At
thrift
institutions

At
money
market
funds

Total