Full text of H.6 Money Stock Measures : December 21, 1995

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, LIQUID ASSETS, AND DEBT MEASURES6

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

Billions of dollars

Date

DECEMBER21,1995

Ml 1

M22

M33

L4

DEBT5

Seasonally adjusted
1993-DEC.

1128.6

1994-JAN•
FEB.
MAR.
APR.
MAY
JUNS
JULY
AUG.
SEP .
OCT.
NOV.
DEC.

1132.5
1137.0
1141.1
1142 . 8
1143.5
1147.0
1152.2
1150.8
1151.0
1148.2
1147.6
1148.0

1995-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV. p

1149.0
1147.3
1147.9
1149,7
1143.0
1143.9
1144.9
1143.4
1139.7
1129.8
1126.6

3583 . 6
-

3589 . 1
3586 . 2
3597 ,5
3605 .2
3607 . 8
3604 . 3 ;
r 3 6 # .8
3615 . 0
3614 t l
::
3 6 1 0 .2
3611.9
3616.9
3 6 2 8 . .9
3624 7
3632. 4
3645 . 6
3662. 3
3698. 6
3717. 8
3743. 5
3757. 3
3754. 3
3763. 5

4242 . 3

5145.7

12514.2

4245 .7
4231 .7
4240 . 3
4250 . 2
4250 . 3
4255 . 1
4274 .2
4273 .7
4279 .9
4286 .3
4 2 9 1 .9
4 3 0 3 . .9

5157.4
5160.4
5171.6
5180.1
5195.0
5190.8
5217.0
5226.5
5224.6
5237.4
5248.5
5269.7

12553.6
12603.2
12672.6
12734.9
12799.2
12841.6
12862.1
12924.1
12984.3
13034.5
13108.9
13150.8

4 3 2 6 , .9
4 3 3 6 . .7
4 3 5 9 , ,9
4 3 8 2 , ,8
4412, 2
4459. 4
4490. 5
4519. 2
4534. 4
4546. 1
4551. 6

5295.1
5335.0
.
5378.1
5405.3
5433.8
5471.4
5524.1
5559.5
5596.6
5616.2 p

13198.7
13275.3
13336.5
13413.4
13514.9
13574.9
13602.6
13642.8
13684.4
13725.6 p

12507.1

Not seasonally adjusted
1993-DEC.

1153 .7

3606.1

4266.1

5180.2

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

1142.3
1124.2
1131.4
1152.7
1132.5
1142 . 3
1150.9
1144.0
1146.2
1147.4
1155.4
1173.7

3595.6
3573.3
3596.2
3622.4
3595.0
3599.4
3615.6
3607.5
3603.6
3607.2
3620.2
3640.5

4254.7
4221.6
4237.9
4263.6
4239.4
4248.7
4267.9
4267.2
4267.5
4281.4
4306.2
4330.0

5178.9
5153.3
5172.0
5192.0
5174.7
5179.3
5204.5
5215.1
5205.2
5228.5
5270.6
5307.3

1995-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV. p

1158.6
1134.3
1138.1
1158.7
1132.1
1139.3
1143.9
1137.0
1135.7
1129.4
1134.9

3635.4
3610.9
3630.4
3662.0
3649.9
3694.1
3717.2
3736.6
3747.1
3751.4
3772.5

4336.5
4325.4
4355.8
4394.5
4402.0
4453.0
4483.7
4512.9
4521.9
4541.4
4568.0

5317.8
5326.8
5377.3
5415.4
5413.2
5459.8
5510.5
5548.5
5575.4
5606.1

I

12547.7
12581.2
12641.2
12684.1
12730.3
12786.1
UW2.6
11^72.5
12 * 4 3 . 0

13598.4
l(tto2.6
131=75.0
.13227.0
f1&296.0
713SS2.0
1X25.3
-13007.8
^1S$45.0

5liB79.1
51M37-3
;1%#84.4 p

O

Footnotes appear on the following page
p

preliminary




i

y
3C

Page 2
H.6 (508)
Table 2

MONEY STOCK AND DEBT MEASURES

Percent change at seasonally adjusted annual rates

M1

M2

M3

DEBT1

3 M o n t h s f r o m AUQ. 1995 TO NOV. 1 9 9 5

-5.9

2.1

2.9

3.6

6 M o n t h s f r o m MAY

-2.9

5.5

6.3

4.7

—1.8

4.2

6.1

5.3

1995 t o NOV. 1995

12 M o n t h s f r o m NOV. 1994 TO NOV. 1995
T h i r t e e n w e e k s e n d i n g DECEMBER 1 1 , 1995
f r o m t h i r t e e n weeks endingt
SEP. 1 1 , 1995 (13 weeks p r e v i o u s )

4

JUNE 1 2 ,

1995 (26 weeks p r e v i o u s )

-3*0

5 , 7

m m

1 QQ X

—1.7

4 . 1

11

/CO

u«*1ra

n r « v 4 QUI)

2

6 , 7

6 . 0

- — Q r o w t h ^ t e s (or debt are based on periods beginning and ending one month earlier than for the monetary aggregates, namely, July 1995 to October 1995, April 1995 to October 1995,
and October 1994 to October 1995, respectively.
Footnotes to Table 1:

3.

4.

S S S

5

5

5

^

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




paper »nd bankers

n « =. m e n . , m.rke,

Page 3
H.6 (508)
Table 3

MONEY STOCK MEASURES
Billions of dollars
Seasonally adjusted
M1
Period ending

M3

M2

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

1995-SBP.

18
25

1143 . 5
1143 . 1

1 1 4 1 .9
1 1 4 1 .2

1139. ,8
1140. ,6

3732 .7
3736 . 8

3754 . 5
3757 . 0

3 7 5 9 , .6
3 7 6 0 ,. 1

4505.8
4511.1

4531.1
4533.1

4535.0
4535.1

OCT.

2
9
16
23
30

1142
1141
1140
1139
1137

.3
.1
.3
.3
.7

1138
1135
1133
1130
1129

.7
.3
.0
.2
.4

1132 .,2
1128. .4
1130. ,9
1129 . 2
1 1 2 9 . .0

3740
3744
3747
3750
3752

3758
3757
3756
3755
3754

.2
.7
.9
.3
.6

3 7 5 8 , .7
3 7 5 2 , .4
3 7 5 6 , .5
3753 , 6
3 7 5 6 , ,0

4516.6
4522.0
4527.0
4530.9
4533.7

4535.8
4538.8
4542.3
4545.8
4547.1

4542.5
4542.5
4549.0
4549.0
4547.9

NOV.

6
13
20
27

1136
1135
1133
1132

.6
.0
.6
.5

1129
1127
1127
1127

.6
.6
.2
.0

1 1 2 9 , ,4
1122 .
1127 .
1128. 2

3753 » 8
3 7 5 5 .. 1 .
3756 . 3
3758 .0

3755
3755
3758
3762

.7
.3
.0
.2

3 7 5 6 , ,5
3754. 9
3764. 5
3773. 0

4536.0
4538.7
4541.2
4543.5

4548.1
4547.5
4548.3
4550.6

4546.6
4546.4
4552.1
4557.1

DEC.

4P
HP

1131 .0
1129 . 4

1125 . 2
1 1 2 5 .. 1

1122 .,4
1122 .,1

3759 . 4
3 7 6 0 .7

3766 .0
3770 .4

3771, 6
3772. 3

4545.6
4547.3

4553.6
4555.1

4558.7
4552.4

.9
.1
.5
.0
.2

Not seasonally adjusted
1 9 9 5 - S B P . 18
25

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

1 1 3 9 , ,5
1 1 3 8 , .4

1139. 9
1114. 2

3 7 2 8 .0
3 7 3 1 ,7

3 7 4 9 .. 1
3 7 4 8 . .8

3752. 4
3720. 4

4498.5
4503.5

4526.9
4524.4

4528.7
4492.1

OCT.

2
9
16
23
30

1 1 3 8 , .0
1 1 3 6 , .2
1 1 3 5 , .8
1135, 4
1 1 3 4 , ,0

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

1121.
1140.
1140.
1120.
1114.

6
3
8
8
0

3734 .6
3 7 3 6 ., 8
3 7 4 0 . .6
3 7 4 3 . .5
3 7 4 5 , >4

3 7 4 5 . .8
3 7 4 4 , .6
3 7 4 8 , .6
3 7 5 3 , .7
3 7 5 2 ,. 1

3739.
3766.
3768.
3741.
3732.

5
0
4
0
8

4507.7
4512.8
4518.1
4522.7
4525.8

4520.1
4521.2
4528.1
4539.2
4543.4

4511.0
4552.8
4556.3
4536.7
4527.6

NOV.

6
13
20
27

1 1 3 3 , .2
1 1 3 2 . ,6
1 1 3 2 , ,5
1 1 3 3 , ,2

1129, 6
1128. 1
1131. 8
1 1 3 5 . ,3

1142.
1134.
1135.
1128.

8
9
3
0

3 7 4 7 , .5
3 7 4 9 . .6
3 7 5 2 . .3
3 7 5 5 , .8

3 7 5 3 ,. 1
3 7 5 3 , .5
3 7 6 2 ,. 1
3 7 7 0 , .6

3770.
3769.
3775.
3766.

2
8
7
8

4528.9
4533.1
4537.4
4542.2

4546.2
4549.7
4557.4
4566.7

4564.1
4570.5
4567.5
4564.8

DEC.

4p
HP

1133,,1
1 1 3 2 , ,2

1134. 9
1137. 5

1141. 2
1145. 3

3 7 5 9 , .2
3 7 6 1 , ,7

3 7 7 6 , ,9
3 7 8 5 , ,4

3795. 4
3803 ; 7

4546.6
4550.0

4572.0
4577.5

4585.1
4592.4

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.



Pag® 4

H.6 (508)
Table 4

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Currency1

Date

4.
5.
6.
7.

Demand deposits 3

Other checkable deposits

Nontransactions components

At commercial
banks 4

At thrift
institutions5

Total

In M2*

In M3 only7

1994-JULY
AUG.
SEP.

342 . 8
345.1
347.2

8.3
8.3
8.4

388.1
386 . 6
386 . 5

301.7
301.0
300.0

111.4
109.7
108.9

413.1
410.8
408.9

2464.6
2464.1
2463.1

657.3
658.7
665.7

OCT.
NOV.
DEC.

350.0
353.0
354.5

8.3
8.4
8.4

384.5
382.5
382 .2

298.0
297.7
297.6

107.5
106.1
105.3

405.4
403.8
402.9

2462.0
2464.3
2468.9

676.1
679.9
687.0

1995-JAN.
FEB.
MAR.

357 . 7
358.8
362 . 5

8.4
8.4
8.8

383 . 6
384.1
383 . 3

295.1
291.8
289.3

104.2
104.1
104.0

399.3
395.9
393.3

2479.9
2477.4
2484.5

698.0
712.0
727.5

APR.
MAY
JUNE

365.7
368 . 1
367 . 4

9.2
9.2
9.0

381.2
380.6
386.8

289.6
281.9
276.3

103.9
103.1
104.4

393 . 6
385.0
380.7

2495.9
2519.3
2554.7

737.2
749.9
760.8

JULY
AUG.
SEP .

367.1
368.3
369.1

8.9
8.9
8.8

389.5
390.0
389.7

275.7
272.1
266.8

103.7
104.1
105.2

379.4
376.2
372 . 0

2572.8
2600.2
2617.6

772.7
775.7
777.2

OCT.
NOV. p

370.5
371.0

8.8
8.8

387 . 2
387 . 0

258.9
255.4

104.5
104.3

363.4
359.7

2624.5
2636.9

791.7
788.1

370.3
370.7
371.4

8.7
8.8
8.8

387.1
387.0
385.8

260.1
259.4
258.5

104.5
103.4
104.6

364.7
362 . 8
363.1

2625.6
2624.4
2627.0

792.5
795.4
791.9

199 5-OCT. 16
23
30

1.
2.
3.

Travelers checks 2

NOV.

6
13
20
27

370.5
370.5
371.1
371.6

8.8
8.8
8.8
8.9

387.6
385.0
388.4
387 . 7

257.2
254.4
255.2
255.5

105.2
104.0
104.0
104.7

362.4
358.4
359.2
360.1

2627.1
2632.2
2636.9
2644.8

790,
791,
787.
784,

DEC.

4p
HP

371.4
371.6

8.9
8.9

385.0
389.8

252.4
246.7

104.8
105.1

357.2
351.9

2649.2
2650.2

787
780

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 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.
Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.
Consists of NOW and ATS 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.
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.


e
estimated


p

preliminary

Page 5

H 6(508)
Table 4 • continued

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

776.5
782.8
789.6

General
purpose and
broker/
dealer
money
market funds
376.1
377.0
377.4

311.9
316.7
318.3

799.7
810.8
820.9

379.5
383.3
389.0

180.8
180.5
180.8

289.4
292.9
296.6

64.2
64.5
64.9

353.6
357.4
361.4

512 .7
524 .2
537 .8

323.9
332.3
341.7

836.5
856.5
879.5

392.1
391.5
390.9

186.3
180.4
189.0

295.2
303.1
308.5

66.7
68.1
70.1

361.9
371.2
378.6

1082.4
1081.4
1091.1

548, , 1
556. 2
562. 4

350.4
356.5
357.3

898.5
912.7
919.7

396.0
405.4
426.2

192.9
194.8
205.6

309.0
315.1
318.5

71.2
70.4
70.8

380.2
385.5
389.3

360.7
358.6
358.5

1091.4
1098.1
1105.2

567. 1
569. 7
570. 6

357.4
358.0
358.7

924.5
927.7
929.3

442.0
455.9
462.6

212.4
210.8
213.5

323.7
325.2
327.4

72.6
73.2
73.7

396.3
398.4
401.1

753.7
761.3

358.5
356.4

1112.2
1117.7

571. 3
573. 3

359.5
360.6

930.8
933.9

466.4
471.3

215.8
214.8

338.4
343.3

74.8
75.1

413.2
418.4

754.4
753.3
753.5

358.5
358.7
358.2

1112.9
1111.9
1111.7

571.1
571.5
571.8

359.2
359.8
360.4

930.2
931.3
932.3

466.2
467.2
467.6

216.2
218.1
213.3

338.5
339.9
339.4

75.0
75.0
75.0

413.5
414.9
414.5

Savings deposits 1
Date

At
commercial
banks
778.0
775.7
772.8

. thrift
institutions
423.2
417 .0
410.9

OCT.
NOV.
DEC.

765.4
759.2
752.3

1995-JAN.
FEB.
MAR.

1201.2
1192.6
1183 .7

— a —
commercial
banks
470 . 0
476 . 1
4 8 1 .2

- % r
thrift
institutions
306.6
306.8
308.3

405.6
398.5
391.9

1171.0
1157.8
1144.2

487 . 8
494 . 1
502 .6

744.1
734.2
723.3

385.6
377.6
371.6

1129.8
1111.9
1094.9

APR.
MAY
JUNE

716.0
717.2
728.1

366.4
364.2
363.0

JULY
AUG.
SEP.

730.7
739.5
746.7

OCT.
NOV. p

1994-JULY
ADO.
SEP.

W**k e n d i n g
1995-OCT. 16
23
30

1.
2

"

Small-denomination time deposits 2
Total

NOV.

6
13
20
27

758.0
762.4
762.1
760.4

357.3
356.5
356.4
356.0

1115.3
1118.9
1118.4
1116.5

572.2
573.3
573.5
574.0

360.5
360.3
360.6
360.6

932.7
933.6
934.2
934.6

469.2
„470.9
470.4
473.2

214.8
213.3
213.9
215.5

342.5
343.7
344.3
342.3

75.2
75.1
75.1
74.8

417.7
418.8
419.3
417.2

DEC.

4p
HP

765.5
772.9

355.7
355.6

1121.2
1128.4

573.7
573.6

361.0
361.2

934.7
934.8

473.6
474.2

218.7
214.6

344.1
342.1

75.0
74.9

419.1
416.9

S a v i n g s . d e p o s i t s include m o n e y market d e p o s i t a c c o u n t s .
a ^ t h # s % m " s u b t r a ( % I r ^ s m a l l l i m e d e osits
I A rM A

Total

3

Large-denomination time deposits
Insbtutiononly money
%t
market funds — a —
commercial
. thnft
Total
institutions
178.7
276.4
62.0
338.4
177.4
280.1
61.9
342.0
176.3
285.1
63.1
348.2

AM^

M

4« M A

AMA

a m A i L ^ ^ a. .

R P s — a r e t h o s e

. - — _1

—
issued

in

-

a m o u n t s of l e s s t h a n $ 1 0 0 , 0 0 0 . All IRA a n d K e o g h a c c o u n t b a l a n c e s at c o m m e r c i a l b a n k s

3.

L a r g e - d e n o m i n a t i o n time d e p o s i t s a r e t h o s e i s s u e d in a m o u n t s of $ 1 0 0 , 0 0 0 or more, excluding t h o s e b o o k e d at international b a n k i n g facilities.
• ® n ® m , P a t , o n time d e p o s i t s at c o m m e r c i a l b a n k s l e s s t h o s e held by m o n e y m a r k e t mutual f u n d s , d e p o s i t o r y institutions, U.S. g o v e r n m e n t ,

p

preliminary




—

Page 6

H.6 (508)
Table 4-continued

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

Savings bonds

1.

Debt components4

Non-M3 Components of L

Date

Short-term Treasury
securities1

Bankers acceptances 2
13.2
13.8
14.8

391.1
395.4
390.2

3420.4
3437.9
3455.3

9441.7
9486.2
9529.0

Commercial paper®

Federal debt

Non-Federal debt

1994-JULY
AUG.
SEP •

177.7
178.5
179.1

360.8
365.0
360.5

OCT.
NOV.
DEC.

179.5
179.9
180.3

358.5
361.9
370.2

13.1
13.5
14.0

399.9
401.4
401.3

3470.6
3494.7
3497.6

9563.9
9614.2
9653.1

1995-JAN.
FEB.
MAR.

180.5
180.4
180.5

371.4
389.9
401.9

13.4
13.4
14.1

402.8
414.7
421.7

3504.5
3535.2
3556.4

9694.3
9740.1
9780.1

APR.
MAY
JUNE

180.9
181.6
182.3

396.9
383.9
390.9

13.9
12.3
11.3

430.8
443.8
427.5

3558.6
3576.9

3602.6

9854.8
9938.0
9972.2

JULY
AUG.
SEP.

183.0
183.7
184.1

410.8
409.4
427.1

11.8
12 . 2
12.9

428.0
435.0
438.0

3615.5
3621.4
3623.8

9987.0
10021.4
10060.6

OCT. p

184.4

431.5

13.0

441.2

3632.6

10093.0

2.
3.
4.

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
market 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.

p

preliminary




Page 7

H.6 (508)
Tables

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

Date

Travelers
checks 2

Demand
deposits 3

Other checkable deposits

Nontransactions components

At commercial
banks 4

At thrift
institutions6

Total

In M2e

Ovemipht

Overnight
Eurodollars9

In M3 only 7

1994-JULY
AUG.
SEP.

344.7
345.7
347.0

8 .8
8 .9
8 .8

387 . 3
383 . 1
384 .7

298 . 4
297 . 2
297 . 4

111.6
109.0
108.3

410 . 0
406 . 2
405 . 6

2464.7
2463.5
2457.4

652.2
659.7
663.9

80.5
82.2
84.0

29.1
28.9
28.1

OCT.
NOV.
DEC.

349.6
353 . 2
357.6

8 .5
8 .2
8 .1

387 . 9
390 . 8
400 . 3

294 . 1
296 . 0
300 . 6

107.4
107.1
107.0

401 .4
403 . 1
407 . 6

2459.9
2464.8
2466.8

674.2
686.0
689.5

83.8
83.4
84.7

30.3
30.1
32.5

1995-JAN.
FEB.
MAR.

355.9
357.1
361.4

8 .1
8 .1
8 .4

388 .9
375 ,0
374 . 1

301 .3
292 . 3
2 9 1 ,. 1

104.4
101.8
103.0

405 .7
394 . 1
394 . 2

2476.8
2476.6
2492.3

701.1
714.4
725.3

87.6
86.8
87.6

36.3
31.6
30.7

APR.
MAY
JUNE

365.5
367.9
368.2

8 .8
8 .9
9 .2

3 8 2 , .0
372 ,8
382 ,6

2 9 6 , .6
2 7 9 , ,7
2 7 4 , ,9

105.7
102.7
104.4

402 . 3
382 . 4
379 . 3

2503.4
2517.9
2554.8

732.5
752.0
758.9

85.8
86.8
88.0

30.1
29.9
29.6

JULY
AUG.
SEP.

369.0
369.0
369.2

9 .5
9 .5
9.,3

3 8 8 , ,7
3 8 6 . ,5
3 8 8 ., 1

2 7 2 , ,8
2 6 8 . ,7
264. 6

104.0
103.3
104.6

376 . 8
372 . 0
369 . 1

2573.3
2599.6
2611.4

766.5
776.4
774.8

85.0
86.7
88.0

29.4
31.6
33.0

OCT.
NOV. p

369.9
371.6

8.,9
8. ,7

390. 7
395. 6

255. 5
253 . 9

104.4
105.2

359 . 8
359 . 1

2622.0
2637.5

790.0
795.6

86.1
85.3

32.5
30.8

•OCT. 16
23
30

370.4
369.3
368.3

9.0
8.9
8.8

397.5
386.2
383.7

258.3
254.2
251.7

105.7
102.2
101.5

364.0
356.5
353.2

2627.6
2620.2
2618.8

787.9
795.7
794.9

87.6
85.4
86.2

32.2
32.8
32.7

NOV.

6
13
20
27

371.4
371.8
371.3
372.4

8.8
8.7
8.7
8.6

395.9
394.4
397.6
393.7

258.7
254.3
253.3
250.2

108.0
105.7
104.4
103.3

366.8
359.9
357.7
353 . 4

2627.4
2634.9
2640.4
2638.7

793.9
800.7
791.9
798.0

85.6
83.0
87.1
83.9

29.4
29.3
31.3
31.4

DEC.

4p
HP

372.1
374.5

8.5
8.5 e

399.2
404.2

253.4
250.0

107.9
108.1

361.4
358.1

2654.2
2658.4

789.7
788.7

88.7
83.4

34.8
31.9

1.
2.
3.

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 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.
4. Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations
5. Consists of NOW 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
Qyposns.
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
r

broker/dealer).
http://fraser.stlouisfed.org/
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).
Federal Reserve Bank of St. Louis

Page 8

H 6(508)
Table 5 - continued

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

1204.3
1194.6
1183.6

commercial
banks
470.5
476.6
481.8

At
thrift
institutions
306.9
307.1
308.7

777.5
783.7
790.5

General
purpose and
broker/
dealer
money
market funds
373.4
374.2
371.3

405.7
399.7
391.2

1171.1
1161.0
1142.3

488.4
493.8
502.2

312.3
316.5
318.1

800.7
810.4
820.2

739.5
729.8
723.4

383 . 2
375.3
371.6

1122.7
1105.1
1095.0

513.1
524.4
537.6

324.2
332.4
341.6

APR.
MAY
JUNE

717.8
717.8
730.2

367.4
364.4
364.0

1085.2
1082.3
1094.3

547.5
555.1
562 . 0

JULY
AUG.
SEP.

732.6
740.8
746.8

361.6
359.3
358.6

1094.2
1100.1
1105.4

OCT.
NOV. p

753.9
763.6

358.6
357.5

OCT. 16
23
30

7 5 6 , ,8
7 5 2 , .2
7 5 0 , ,8

NOV.

6
13
20
27

DEC.

4p
Hp

Savings deposits 1
Date

At
commercial
banks
780.0
777.0
772.7

thrift
institutions
424.3
417.7
410.8

OCT.
NOV.
DEC.

765.5
761.4
751.1

1995-JAN.
FEB.
MAR.

1994-JULY
AUG.
SEP.

sadiaq

1.
2.
3.
4.
p

Small denomination time deposits 2
Total

At

Total

Institutiononly money
market funds

Large denomination time deposits 3

At

173.8
176.2
172.6

. thrift
institutions
61.8
62.2
63.3

337.1
343.6
349.6

373.9
379.9
387.1

178.1
182.5
183.1

290.0
294.4
296.3

64.3
64.8
64.8

354.3
359.1
361.1

837.3
856.8
879.2

392.8
396.3
399.8

192.4
188.8
190.8

293.8
301.6
306.4

66.4
67.8
69.7

360.2
369.4
376.1

350.0
355.8
357.0

897.5
910.9
919.0

404.8
407.9
423.9

191.3
193.8
199.2

306.8
317 . 6
320.0

70.7
70.9
71.1

377.6
388.5
391.1

567.8
570.3
571.1

357.9
358.3
359.0

925.7
928.6
930.1

438.9
452.6
454.9

206.6
209.3
209.0

322.3
326.6
328.6

72.3
73.6
74.0

394.6
400.2
402.6

1112.5
1121.1

571.9
573.0

359.9
360.3

931.8
933.3

459,
467,

212.9
217.4

339.2
345.1

75.0
75.5

414.3
420.6

359 .7
358 . 1
357 .0

1116 .5
1110 .3
1107 .8

572 .0
5 7 1 .8
5 7 1 .6

359 .7
360 .0
360 .3

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

459 . 5
4 5 9 , .8
4 6 0 , .3

211 .9
2 1 5 .7
213 . 8

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

75.1
75.1
75.3

414.1
415.8
415.9

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

358
358
357
356

.4
.2
.4
.4

1 1 1 8 .7
1124 ,3
1 1 2 1 , ,6
1117 .6

572
573
573
573

.1
.1
.0
.4

360 ,4
3 6 0 , .2
360 .3
3 6 0 , .3

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

4 6 1 , .2
465 , 1
467 .0
4 7 2 , ,2

2 1 5 .2
216 . 5
2 1 6 , ,6
2 1 9 , .7

344,. 1
3 4 5 , .9
3 4 5 , .7
3 4 4 , ,6

75.6
75.6
75.4
75.3

419.7
421.5
421.0
419.9

7 6 8 , .5
7 7 6 , »3

357 . 1
357 , 1

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

573 .2
573 . 1

360 .7
360 .9

9 3 3 , ,9
9 3 4 , ,0

4 7 1 , ,2
4 7 5 , ,8

2 2 0 , .3
2 1 8 , .7

3 4 5 , ,4
3 4 3 , ,9

75.3
75.3

420.7
419.2

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




Total

commercial
banks 4
275.4
281.4
286.2

Page 9

H.6(508)
Table 5 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Term RPs 1
Date

Short-term
Tr

At commercial
banks

At thrift
institutions

1994-JULY
AUG.
SEP.

70.8
68.2
68.3

32 . 0
32.8
33.4

102.8
101.0
101.7

50.9
51.1
51.9

177.4
177.9
178.4

358.3
366.9
353.4

13.1
13.5
14.4

387.8
389.6
391.5

3393.9
3418.3
3438.3

9418.7
9454.2
9504.7

OCT.
NOV.
DEC.

67.1
67.5
67.8

34.8
35.6
37.7

101.9
103.1
105.6

52.6
54.3
52.2

179.0
179.7
180.2

350.6
365.8
379.2

13.3
13.6
14.4

404.2
405.3
403.6

3448.5
3485.2
3499.0

9549.9
9597.4
9644.4

1995-JAN.
FEB.
MAR.

70.2
73.2
72.6

39.2
40.1
40.8

109.4
113.4
113.4

52.9
56.1
58.2

180.6
180.8
181.2

376.0
391.4
406.1

14.2
13.9
13.9

410.5
415.3
420.4

3499.0
3525.0
3551.1

9676.1
9702.0
9744.9

APR.
MAY
JUNE

74.7
78.5
76.9

41.8
43 .2
42.9

116.5
121.7
119.9

59.7
60.8
62.0

181.7
182.1
182.4

394.8
382.4
387.8

12.1

13.7

430.8
434.7
425.5

3544.1
3552.6
3579.3

9807.9
9872.7
9928.5

JULY
AUG.
SEP.

72.6
74.1
71.8

43 , 0
44.2
44.6

115.5
118.3
116.4

62
61,

182.8
183.0
183.3

408.1
411.9
418.1

11.6
11.9

12.6

424.4
428.7
439.4

3588.8
3602.2
3606.8

9956.2
9976.9
10030.5

OCT.
NOV.

72.4
67 . 6

43 . 9
43.9

116.3
111.5

59.
58.

183.8 p

421.3 p

13.2 p

446.4 p

3610.1 p

10074.3 p

71.8
73.8
73.4

43.5
43.5
44.6

115.3
117.3
118.0

59.0
59.2
59.2

6
13
20
27

68.3
72.5
64.8
67.5

45.0
44.2
43.5
43.4

113.3
116.7
108.3

111.0

57.9
57.9
58.0
59.8

4p
HP

61.2
63.1

43.4
44.5

104.5
107.5

56.3
55.2

We eft * n 4 1 a a
1 9 9 5 - O C T . 16
23
30
NOV.

DEC.

1.
2.

Debt components 6

Non-M3 Components of L
Term
Eurodollars2

Total

60,

Savings bonds

Bankers
acceptances 4

11.0

Commercial
paper*

Federal debt

Non-Federal
debt

4.
5.
6.

Term RPs are those with original maturities greater than one day, excluding continuing contracts and retail RPs.
Term Eurodollars are those with original 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.
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 monev
market 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.

p

preliminary

3.




Page 10
H.6 (508)
Table 6

MEMORANDUM ITEMS

Foreign
commercial
banks

Foreign
official
institutions

1994-JULY
AUG.
SEP.

8. 3
7. 7
8. , 1

1. 5
1. 5
1. 5

Time and
savings
deposits
due to
foreign
banks and
official
institutions
13. 4
14. 0
14. 6

OCT.
NOV.
DEC.

8. ,0
8, 4
8.,7

1. 6
1. 8
1. 6

1995-JAN.
FEB.
MAR.

8 .4
8 .0
8 .1

APR.
MAY
JUNE

Demand deposits
At hanks due to

Demand
deposits at
commercial
banks

Balance
at
Federal
Reserve

Note
balances at
depository
institutions

Total
cash
balance

Timg and
savings 4
deposits at
commercial
banks

At
commercial
banks

4. 8
3 ., 9
5. ,8

5. A
5., 1
6.,0

11. 3
10. 1
16. 9

21. 5
19. 0
28, 8

2 .7
2 .9
2 .5

142. 6
142. 6
142. 7

110, 7
1 0 9 , ,7
1 0 8 . ,7

55.9
56.1
56.8

309.2
308.4
308.1

14. 8
14. ,6
14. .4

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

5..5
5.,2
6,,2

12. 1
9.,8
13. .4

22. 0
18. 9
25. 3

2 .2
1 .9
1 .3

142. 7
142. 9
143. 3

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

58.3
59.4
59.7

309.1
310.2
310.5

1. 6
1. 6
1. 6

14. ,0
13. .3
12. ,7

4. .9

7..0
5.
5,. 2

20. ,0
2 1 ., 1
10. , 1

31. 9
3 0 . .3
18. .8

1 .2
2 .3
2 .4

143. 7
144. 6
145. 6

107, . 5
107, .7
107 .7

59.7
59.9
60.1

310.9
312.2
313.3

7 .7
8 .1
8 .1

1, 6
1. 5
1.,6

12 .3
12 .3
12 .3

5 .5
3 .1
4,. 5

6,
5,

12, .4
18, .7
19, .6

24, . 1
27, .5
32, .0

2 .6
2 .6
2 .6

146. 4
146. 8
147, 8

107 . 6
107 . 4
107 . 2

60.3
60.5 •
60.6*

314.2
314.6 *
315.7 *

JULY
AUG.
SEP.

8.4
7.5
7.5

1.5
1.5
1.7

12.3
12.3
12.3

3.4
6.0

6.6
5.3
6.8

27.7
13.6
17.8

37.6
21.7
30.6

2.8
2.9
2.8

148.9
149.1
149.4

107.2
107.0
107.5

60.7
60.7
60.7

316.8 *
316.8 *
317.6 e

OCT.
NOV.

8.2
8.0

1.6
1.7

12.3
12.3

3.1
3.0

5.2
5.4

11.4
8.2

19.8
16.6

2.8

150.0
150.3

108.0
107.9

60.7
60.7

318.7 *
318.9 *

8.1

Date

ending

e

IRA and Keogh Accounts

U.S. government deposits

3, .4

1.6

1995-OCT.

16
23
30

8.9
7.9

1.5
1.4
1.5

12.3
12.3
12.3

3.9
2.7
2.7

4.7
5.3
5.1

10.0
11.1
7.8

18.7
19.0
15.7

2.8
2.8
2.7

NOV.

6
13
20
27

8.2
7.5
7.8
8.3

1.4
1.8
1.4
2.1

12.3
12.3
12.3
12.3

3.3
2.5
3.2
2.9

5.2
5.9
5.0
5.5

7.1
3.2
9.9
10.7

15.6
11.6
18.1
19.1

2.8
1.4
1.3
1.2

DEC.

4p
HP

8.2
7.8

1.5
1.7

12.3
12.3

3.4
2.8

5.2
5.7

12.3
7.3

20.9
15.8

1.2

estimated


p
preliminary


1.1

At
thrift
institutions

At
money
market
funds

Total