Full text of H.6 Money Stock Measures : December 29, 1986

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

FEDERAL RESERVE statistical release
These data are scheduled for release each Thursday at 4:30 p.m.

H.6 (506)
Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

UZCBBBER

Billions of dollars
M1

Date

1985—MO?.
DEC

198b—JAN.
FEB.
BAR.
APR.
HAY

JUNE
JULY
AUG.
SEPT.
OCT.
NOV.

Sum of currency,
travelers checks,
demand deposits and
other checkable deposits1

M2
M3
M2 plus
M1 plus overnight RPs
and Eurodollars,
large time deposits,
MMMF balances (gen. pur. term RPs, term Eurodollars
and institution-only
and broker/dealer), MMDAs,
MMMF balances'
and savings and small
2
time deposits
Seasonally adjusted

29, 1986

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors*

620.1
626.6

2551.4
2566.5

3181.3
3201.2

3600.5
3839.5

6651.8
6778.6

627.2
631.0
638.4
646. 1
658.7
666.8
676.0
687.6
693.1
701.2
713.4

2569.9
2577.7
2592.4
2622.2
2649.7
2670.8
2699.2
2724.3
2740.8
2765.1
2780.6

3224.5
3241.5
3262.6
3293.7
3315.4
3339.0
3375.1
3400.7
3425.5
3444.1
3460.3

3862.2
3881.2
3895.0
3918.4
3950.5
3972.8
4002.9
4030.7
4059.6
4081.5

6878.5
6923.3
6968.5
7029.1
7101.0
7172.0
7238.6
7316.2
7386.0
7441.5

< 3803.2
3845.7

6637.4
6772.0

3867.4
3873.6
3899.2
3928.5
3937.3
3973.0
4003.0
4027.1
4054.5
4077.3

6872.4
6906.2
6945.0
7001.8
7068.7
7136.9
7203.6
7266.0
7J66.2
7423.9

Not seasonally adjusted

1985—NOV.
DEC

1986—JAN.
FEB.
HAfi.
APB.
HAY

JUNE
JULY
AUG.
SEPT.
OCT.
NOV.

621.7
639.9

2549.7
2574-7

3184.7
3213.9

633.5
619.2
630.5
652.9
651.8
669.2
679.8
684.6
690.7
696.4
714.9

2578.7
2570.9
2594.5
2631.8
2640.7
2673.0
2704.6
2719.2
2731.5
2759.1
2778.5

3232.2
3233.4
3262.9
3300.2
3308.6
3339.7
3372.7
3395.5
3418.2
3440. 1
3463.8

M1

For period ended
13-week average

1986-NOV.

DEC.

NOTE:

Seasonally adjusted
4-week average

W©0K AVQfAQQ

13-week average

Not seasonally adjusted
4-week average

week average

3
10
17
24

694.9
697.1
699.0
700.8

701.4
705.7
708.2
710.1

703.4
713.2
712.3
711.5

691.9
694.0
696.3
698.7

696.8
702.9
706.6
710.7

703.5
716.6
717.3
705.4

1
8 P
15 P

703.0
705.0
707.4

714.7
716.6
719.2

721.7
720.9
722.5

701.9
704.5
707.4

716.1
721.0
725.7

725.2
736.0
736.0

SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING §EEK-TO-tfEEK CHANGES IN HONEY SUPPLY DATA, WHICH ARE
HIGHLY VOLATILE AND SUBJECT TO REVISION.
P— INDICATES PfiELIHINAttY DATA.
FOOTNOTES APPEAR ON THE FOLLOWING PAGE




H 6 (508)
Table 2

MONEY STOCK, LIQUID ASSETS AND DEBT MEASURES
Percent change at seasonally adjusted annual rates

M1

M2

M3

Debt1

3 MONTHS FBOM AUG.

1986 TO NOV.

1986

15.0

8.3

7.0

1L2

6 BUNTUS FROM HAT

1986 TO MOV.

1986

16.6

9.9

8.7

11.1

12 MONTHS FBOM MOW.

1985 TO NOV.

1986

15.0

9.0

8.8

13,3

THIRTEEN WEEKS ENDING DEC. 15, 1986
FfiOfl THIRTEEN HEEKS ENDING:

1/

1/

2/

3/

4/
5/

SEPT. 15, 1986 (13 H££KS PBBVIOUS)

15.4

JUKE

16, 1986 (26 REEKS PBBVIOUS)

16.6

DEC.

16, 1985 (52 WEEKS PREVIOUS)

14.$

GBOWTU BATES FOB DEBT ARE BASED 01 PEBIODS BEGINNING AND ENDING ONE MONTH BABLIBB THAN FOB TUB HONETABI AGGREGATES,
MAMELY, JULI 1986 TO 0CT08EB 1986, APBI1 1986 TO OCTOBBB 1986, AND OCTOBEB 1985 TO OCTOBER 1986, BESPBCTIVELX.
FOOTNOTES TO TABLE 1
CONSISTS OF (1) CURRENCY OUTSIDE THE THEASUBY, FEDBBAL BESBBVE BANKS, AND THE VAULTS OF COflflEBCIAL BANKS;
(2) TBAVBLEBS CHECKS OF NONBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHEB THAN THOSE DOS TO
DOMESTIC BANKS, THE U.S. GOVEBNHENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEflS IN THE PBOCBSS
OF COLLECTION AND FEDERAL BESEBVE FLOAT; AND (4) OTHEB CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE OBDEB
OF WITHDRAWAL (NOi) AND AUTOMATIC TBANSFEB SEBVICE (ATS) ACCOUNTS AT DEPOSITORY INSTITUTIONS,
CBBDIT UNION SHABE DBAFT ACCOUNTS AND DEMAND DEPOSITS AT THBIFT INSTITUTIONS. THE CURRENCY AND DEMAND
DEPOSIT COHPONENTS EXCLUDE THE ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY
THBIFT INSTITUTIONS TO SEBVICE THBIB OCD LIABILITIES.
CONSISTS OF Ml PLUS OVEBNIGHT (AND CONTINUING CONTBACT) BPS ISSUBD 81 ALL COMMEBCIAL BkUJUS AND OVBENIGHT EUBODOLLABS
ISSUED TO U.S. BESIDENTS BY FOBKIGN BBANCHES OF U.S. BANKS HORLDUIDB, MflDAS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDING BETAIL BPS—IN AMOUNTS OF LESS THAN $100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENEBAL PURPOSE AND BftOKBB/DEALER MONEY MABKET MUTUAL FUNDS. EXCLUDES IBA AND KEOGH
BALANCES AT DEPOSITOR! INSTITUTIONS AND HONEY MARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BI U.S. COMMERCIAL
BANKS, MONEY HABKET FUNDS (GENEBAL PURPOSE AND BBOKER/DEALEB), FOBBIGN GOVERNMENTS AND COMMERCIAL BkUHSt AND
THE U.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SEBVICE THBIB TIME AND SAVINGS DEPOSITS.
CONSISTS OF H2 PLUS LARGE DENOMINATION TIHE DEPOSITS (IN AMOUMTS OF $100,000 OR MORE) AND TERM UP LIABILITIES ISSUED
BY COMHSBCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOREIGN BRANCHES OF U.S. BANKS
MOBLDNIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT
INSTITUTION-ONLY MONEY MARKET MUTUAL FUNDS. EXCLUDES AMOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. GOVERNMENT, HONEY
MABKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS
THE ESTIMATED AMOUNT OF OVERNIGHT EPS AND EURODOLLARS HELD BY INSTITUTION-ONLY HONEY MARKET MUTUAL FUNDS.
CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TREASURY SECURITIES, COMMERCIAL
PAPER AND BANKERS ACCEPTANCES, NET OF HONEY MARKET MUTUAL FUND HOLDINGS OF THESE ASSETS.
DEBT OF DOMESTIC NONFINANCIAL SECTOBS CONSISTS OF OUTSTANDING CRBDIT MABKET DEBT OF THE UNITED STATES GOVERNMENT,
STATE AND LOCAL GOVERNMENTS AND PBIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS OF CORPORATE BONDS, MORTGAGES,
CONSUMER CRBDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND OTHER DEBT
INSTRUMENTS. THE DATA ARE DERIVED FROM THE FBUEBAL RESERVE BOARD'S FLOW OF FUNDS ACCOUNTS. ALL DATA ON DEBT OF DOMESTIC
NONFINANCIAL SECTORS ABE PRESENTED IN HONTH-AVEHAGB FORM, DERIVED BY AVERAGING MONTH-END LEHELS OF ADJACENT MONTHS* THESE
DATA HAVE ALSO BEEN ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT HAY ARISE IN THIS UNDERLYING FLOB OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFPEBS, THEREFORE, FROM THE QUARTERLY FLOtf OF FUNDS STATISTICS CONTAINED
IN THE VEDERkL BESEBVE RELEASES Z. 7 AND 2.1. IN THOSE RELEASES, PUBLISHED LEVELS OF CRBDIT MABKET DEBT ARE MEASURED ON
A UUAkTEB-END BASIS AND INCLUDE DISCONTINUITIES.




H60O8)
»3

COMPONENTS OF THE MONEY STOCK
•miont ol dollar* ssasonaHy i # t i M
Othar
Date

Currency'
c hacks*

Damand
daposlts

dapoalts

4

oompp*1"*"**"
In M3
only*

at
at
thrift
commercial
Institutions
banks

Sffl^ii tea fianrrUa*
at
t nil ft
total
banks
at

total

LsfiM ttms damn ** *
at
at
commercial
thrift
total
1
banks * Institutions

1985-NOY.
DEC.

169.8
170.6

5.9
5.9

267.8
271.5

176.7
178.6

19J1.3
19J9.9

629-9
6J4.6

124.8
124.5

179.0
179.1

303.7
30 3.6

382.2
384. 1

876.0
880. J

27 6 . 7

156. J

49b. 2

279.2

157. J

432.9
436.5

1986-JAN.
FEB.
MAS.

171.9
172.9
173.9

5.9
5.9
6.1

268.9
269.2
273.2

180.5
183.1
185.3

1942.7
1946.6
1954.0

654.6
663.8
670.2

124.7
125.0
125.6

179.3
179.9
181.2

304.0
304.9
306.9

386.6
388.1
389.0

499.4
502.9
505.7

885.9
891.0
894.7

289.7
291.5
287.1

158.2
159.7
163.4

447.9
451.3
450.5

APR.
BAY
JUNE

174.4
175.6
176.7

6.1
6.1
6.2

275.7
281.6
284.9

189.9
195. 1
199.0

1976.1
1991.1
2004.0

671.6
665.6
668.2 i

126.6
129.0
130.9

184.8
189.5
194.1

311.4
318.5
325.0

388.0
384.9
381.7

507.9
506.3
503.9

895.9
891.2
885.6

287.1
281.5
280.5

165.0
164.9
164.6

452.1
446.4
445.1

JULY
AUG.
SEPT.

177.5
179.0
179.7

6.4
6.5
6.5

288.3
291.6
292.2

203.8
210.4
214.8

2023.2
2036.7
2047.6

675.9
676.4
684.7

133.4
136.8
140.9

197.8
200.8
203.5

331.2
337.6
344.4

380.0
376.0
372.6

503.7
501.2
498.7

883.7
877.2
871.3

280.2
282.0
281.4

165.8
166.1
165.8

445.9
448.0
447.2

OCT.
NOV.

181.2
182.2

6.4
6.4

293.2
298.4

220.4
226.4

2063.9
2067.2

679.0
679.7

145.8
150.4

208.0
212.9

353.8
363.3

367.7
364.0

494.0
490.4

861.8
854.3

279.0
281.2

164.0
161.8

443.0
443.0

MEEK
1986
NOV.

DEC.

1/
2/
3/

4/
5/
6/
7/
8/
9/
10/

ENDING

3
10
17
24

181.3
181.9
182.1
182.3

294.3
298.9
297.2
295.9

221.4
226.0
226.5
226.9

147.8
149.1
150.3
151.2

365.3
364.3
364.0
363.6

280.7
282.2
281.3
281.0

1
8 P.
15 P

182.6
182.4
182.8

304.0
302.8
302.7

228.4
229.3
230.5

152.3
153.0
154.0

363.3
362.6
362.4

280.3
281.5
281.7

CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL lESBBfE BANKS AND FAULTS OF COBBBRCIAL BANKS. EXCLUDES THE BSTIBATED
AHOUNT OF ?A0LT CASH HELD BI THRIFT INSTITUTIONS TO SEBflCE THEIR OCD LIABILITIES.
OUTSTANDING ABOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NOHBANK ISSUERS. TRAVELERS CHECKS ISSUED BI DEPOSITOR!
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COflMERCIAL BANKS AND FOREIGN RELATBD INSTITUTIONS OTHBB THAN THOSE DUE TO DOHESTIC BANKS, THE O.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEHS IN THE PROCESS OF COLLECTION AND FBDBBAL RESERVE FLOAT.
EXCLUDES THE ESTIHATED AflOONT OF DEMAND DEPOSITS HELD AT COflflERCIAL BANKS BT THRIFT INSTITUTIONS TO SERVICE THEIR OCO
LIABILITIES.
CONSISTS OF NOH AND ATS BALANCES AT ALL DEPOSITOR! INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND
DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS THE DIFFERENCE BETiBBN THE
SEASONALLY ADJUSTED SUH OF DEMAND DEPOSITS PLUS OCD AND SEASONALLI ADJUSTED DEHAND DBPOSITS.
SUH OF OVERNIGHT RPS AND OVERNIGHT EURODOLLARS, HONSI MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER),
HMDAS, AND SAVINGS AND SHALL TIHE DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AHOUNT OF
DEHAND DEPOSITS AND VAULT CASH HELD BI THRIFT INSTITUTIONS TO SERVICE THEIR TIHE AND SAVINGS DEPOSITS LIABILITIES.
SUM OF LARGE TIBE DEPOSITS, TERH RPS AND TERH EURODOLLARS OF U.S. RESIDENTS, HONEY MARKET FUND BALANCES (INSTITUTIONONLI), LESS A CONSOLIDATION ADJUSTBENT THAT REPRESENTS THE ESTIHATED AHOUNT OF OVERNIGHT RPS AID EURODOLLARS HELD BX
INSTITUTION-ONLY HONEY BASKET FUNDS.
SAVINGS DEPOSITS EXCLUDE HBDAS.
SBALL DENOMINATION TIBE DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AHOUNTS OF LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COliBERCIAL BANKS AND THRIFTS ARK SUBTRACTED FBOM SHALL
TIBE DEPOSITS.
LARGE DENOMINATION TIHE DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR BORE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOBINATION TIHE DEPOSITS AT COMMERCIAL BANKS LESS TH0S2 HELD BY BONEY MARKET MUTUAL FUNDS,
DEPOSITORY INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 4

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

2/
3/
4/

Non-M3 components of L
bankers acceptances2
short-term treasury
securities1

commercial paper3

Debt components4
non-federal debt
federal debt

NOV.
DEC.

78.5
79.0
79.5

282.1
300.7
308.4

43.9
43.1
41.1

192.5
196.4
209.$

1521.7
1551.0
1587.0

5045.9
5100.8
5191.6

1986-JAN.
FEB.
HAH.

79.9
80.5
81.1

305.5
307.7
300.2

41.6
42.4
41.7

210.6
209.2
209.5

1607.9
1621.0
1626.5

5270.6
5302.3
5340.0

APR.
MAY
JUNE

81.8
62.6
83.4

298.8
305.7
299.5

41.0
40.1
40.3

203.0
206.7
210.6

1641.5
1665. 1
1691.9

5387.6
5435. 9
5480. 1

JULY
AUG.
SEPT.

84.3
85.3
86.4

291.9
288.2
289.8

39.4
37.3
36.7

212.3
219.3
221.1

1712.6
1725.1
1741.$

5526. 0
559 U p
5646. 4

OCT. P

87.8

288.6

36.1

222.9

1755.9

5685.6

1985-OCT.

1/

savings bonds

CONSISTS OF U.S. THEASUHX BILLS AMD COUPONS BITH REMAINING MATURITIES OF LESS THAU 12 MONTHS HELD BY OTHBH THAI DBPOSITOBY
INSTITUTIONS, FEDEfiAL BESEBVB BANKS, HONEI MABKET MUTUAL FUNDS AND FOBEIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDEAAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDEBAL
HOME LOAN BANK SYSTEM AND HONEY HABKST MUTUAL FUUDS.
TOTAL CONHEBCIAL PAPEB LESS COMMERCIAL PAPER HELD BY MONEY MABKET MUTUAL FUUDS.
DEBT DATA ABE ON A MONTHLY A7EBAGE BASIS, DERIVED BY AVERAGING END-OF-HONTH LEVELS OF ADJACENT MOUTHS, AND HAVE BEEN
ADJUSTED TO BEHOVE DISCONTINUITIES.




H 6 (506)
Table b

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

Other checkable deposits
Date

1

Currency

Travelers
checks2

Demand
deposits3

at commercial
banks4

at thrift
institutions9

total

in M2*

7

in M3 only

Overnight
RPs*

Overnight
Eurodollars*

General
purpose and
broker/dealer
money market
funds

198 5 - MO?.
DEC

170.7
173.1

5.6
5.5

269.0
281.3

122.6
125.8

53.8
54.4

176.4
180.1

1928.0
1934.7

635.0
639.2

52.5
53.3

13.9
17.0

176.8
176.5

3986-JAH.
FEB.
MAR.

170.5
170.6
172.3

5.5
5.6
5.8

275.1
262.0
267.1

128.1
126.8
129.3

54.3
54.2
56.0

182.4
181.0
185.3

1945.1
1951.8
1963.9

653.5
662.5
668.4

50.1
52.4
51.2

18.8
16.1
16.4

177.7
181.0
186.2

APR.
HAY
JUHE

173.6
175.8
177.4

5.8
5.9
6.5

278.7
276.7
285.6

134.8
132.9
136.6

59.9
60.5
63.0

194.7
193.4
199.6

1978.9
1988.9
2003.8

668.4
667.9
666.7

51.1
51.6
49.9

17.5
17.6
16.6

191.4
193.2
197.3

JULI
AUG.
SJSPT.

179.1
179.9
179.5

7.2
7.3
6.9

290.0
289.0
290.8

139.0
142.7
146.7

64.5
65.8
66.8

203.5
208.5
213.5

2024.8
2034.6
2040.7

668.1
676.3
686.8

54.7
57.5
55.4

17.2
17.1
17.2

199.7
200.5
202.2

OCT.
N0¥.

180.9
183.2

6.5
6.1

292.5
299.6

150.2
155.4

68.3
70.6

218.5
226.0

2060.7
2063.5

681.0
685.4

57.8
57.1

19.3
18.5

206.9
207.0

REEK BIDING;
1986-NOV.

DSC

1/
2/
3/
4/
5/
6/
7/
8/
9/

10
17
24

180.7
183.5
183.1
182.5

296.0
299.3
301.1
293.0

151.5
155.8
155.7
154.9

69.0
71.7
71.2
68.9

220.5
227.5
226.9
223.8

59.1
57.2
57.1
58.1

21.6
17.7
18.9
19.1

207.4
206.2
206.5
206.3

1
8 P
15 P

184.1
185.5
185.3

307./
310.0
311.4

156.6
161.2
161.0

70.8
73.4
72.2

227.4
234.6
233.2

54.0
57.7
57.0

16.8
17.3
18.4

206.7
206.5
207.7

3

CURRENCY OUTSIDE THE U.S. T1EASUBI, FEDERAL RESERVE BANKS AND THE VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIHATED
AMOUNT OF VAULT CASH HELD BI THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AHOUNT OF U.S. DOLLAR-DBNOHINATED TRAVELERS CHECKS OF NONBANK ISSUERS. TRAVELERS CHECKS ISSUED BT DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AID FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEHS IN THE PROCESS OF COLLECTION AND F.R. FLOAT, LESS THE ESTIMATED AMOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BI THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
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 SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT ONION SHARE
DRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS.
SUM OF OVERNIGHT RPS AND EURODOLLARS, HONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKBR/DEALBB), HMDAS AND SAVINGS
AND SMALL TIME DEPOSITS LESS THE ESTIHATED AHOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TEkH RPS AND EURODOLLARS OF U.S. RESIDENTS, HONEY MARKET FOND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS TH* ESTIMATED AHOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY
HONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT ttPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BHOKER/DEALER).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS rfURLDWIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
flUNEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND dKOKEK/DEALER).




H.6 (508)
Table 5-continued

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

Date

Money market deposit accounts
at
at
total
thrift
commercial
institutions
banks

Small denomination time deposits 2

Savings deposits

at

at

commercial
banks

thrift
institutions

total

at

at

commercial
banks

thrift
institutions

Large denomination time deposits*

at
total

commercial
banks4

at
thrift
institutions

total

1985-NOV.
DEC.

329.2
332.0

180.3
179.6

509.5
512.0

124.3
12J.5

179.0
178.3

303.3
301.8

384.2
384.8

496.4
497.6

880.7
882.5

278.2
280.9

157.1

157.8

435.3
438.7

1986-JAN.
FEB.
HAB.

336.7
337.0
340.4

179.0
179.4
180.2

515.7
516.3
520.5

123,9
123.6
124.9

178.8
179.1
181.6

302.7
302.7
306.5

386.5
387.1
387.2

502.6
504.6
504.6

889.1
891.7
891.8

288.6
290.4
287.7

159.0
160.7
163.2

447.6
451.1
450.9

APE.
HAY
JUNE

344.8
348.6
355.2

180.4
182.2
185.2

525.2
530.8
540.4

127.2
129.5
132.2

185.8
190.3
194.8

312.9
319.9
327.0

384.5
382.3
380.6

505.1
502.4
501.0

889.6
884.7
881.6

283.6
280.8
278.8

164.1
164.4
164.1

447.7
445.2
443.0

JOLT
AUG.
SEPT.

359.0
363.5
368.1

187.1
189.5
190.2

546.1
553.1
558.3

135.1
137.3
140.7

198.8
199.7
202.5

333.8
337.0
343.2

379.8
377.9
375.2

502.7
500.5
498.4

882.6
878.5
873.6

279.1
282.3
283.5

164.7
166.0
165.7

443.8
448.3
449.2

OCT.
NOV.

371.7
375.1

192.1
193.0

563.8
568.1

146.1
150.0

208.7
213.0

354.8
363.0

370.4
365.9

496.9
493.2

867.3
859.1

281.7
283.0

164.4
162.5

446.1
445.5

WEEK ENDING
1986
NO?.

24

373.2
374.3
375.2
375.6

147.6
148.9
149.9
150,6

367.8
366.8
365.8
365.2

281.4
283.5
282.7
283.6

1
8 P
15 P

376.3
377.3
378.2

151.4
152.6
153.1

364.8
364.0
363.5

282.6
283.6
283.9

3
10

17
DSC.

1/
2/

3/
4/

SAYINGS DEPOSITS EXCLUDE HHDAS.
SHALL DENOHINATION TIflE DEPOSITS — INCLUDING 1ETAIL BPS — ABE THOSE ISSUED IN AHOUNTS OF LESS THAN S100,0Q0. ALL
INDIVIDUAL BETIREHENT ACCOUNTS (ISA) AND KEOGH ACCOUNTS AT COHHBBCIAL BANKS AND THRIFTS ABB SUBTBACTED FBOH SHALL
TIHE DEPOSITS.
LABGB DENOHINATION TIHE DEPOSITS ABE THOSE ISSUED IN AHOUNTS OF $100,000 OB HOBB# EXCLUDING THOSE BOOKED AT INTEBNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOHINATION TIHB DEPOSITS AT COHHERCIAL BANKS LESS THOSE HELD BI HONET HABKET HUTUAL FUNDS, DEPOSITOR!
INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6<906)
itinusd

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusts*

isrmRPs'

Date

Institution
only wonsy
marfeat funds

si commarclal
bsnks

st thrift
Institutions

total

IVfTfl

Eurodollars1

Savings
bonds

Non M3 Components of L
Short-tsrm
Banksrs
trsasury
sscurltlss*

acc«vi>ncw

Components of Osbt
Commercial
papar*

Fsdsraldtbt*

Non-Fsdsral*
dtjbt

1985-NOf.
DEC

64.5
64.6

31.7
32.1

31.6
33.9

63.3
66.0

78.4
76.7

79.0
79.6

296.9
305.6

43.3
42.1

199.1
204.6

1544.2
1583.7

5093.2
5188.3

1986-JAM.
FSB.
HA a.

67.3
67.7
70.2

33.7
35.8
37.2

35.1
34.7
34.4

68.8
70.6
71.6

76.0
79.2
82.7

80.0
80.5
81.1

305.3
308.6
306.4

42.4
42.2
40.8

207.5
208.8
207.9

1606.7
1621.0
1633.3

5265.7
5285.1
5311.8

APR.
JO IB

74.1
76.1
75. 0

35.6
35.4
33.8

35.9
38.7
41.6

71.5
74.2
75.3

81.5
79.8
80.1

81.8
82.6
83.4

301.4
299.4
296.8

39.9
39.6
39.8

205.2
207.0
213.3

1644.6
1660.7
1678.9

5357.2
5408.0
5458.0

JO L I
AUG.
SBPT.

77.5
80.8
84.4

33.1
33.9
35.5

41.9
41.6
42.5

75.0
75.5
78.0

78.6
78.4
81.6

84.2
85.2
86.4

292.9
291.9
291.0

39.2
37.9
37.4

214.0
216.6
221.4

1695.6
1713.3
1734.5

5508.2
5572.7
5631.7

OCT.
HO¥.

84.5
84.4

34.1
36.7

44.0
45.7

78.1
82.4

78.5
79.2

87.8

288.3

38.0

223.1

1748.6

5675.3

3
10
17
24

85.1
84.2
84.5
84.$

35.5
35.6
36.4
35.9

1
8 P
15 P

83.9
83.8
84.7

40.1
33.9
34.2

HAY

iBBK EH D U G :
198 6 - I O f .

DEC

1/
2/
3/
4/
5/
6/

TEHH EPS ABB THOSE ilTH ORIGINAL HATURITIBS GREATS* THAN OIE DAI, EXCLUDING CONTINUING CO!TRACTS AID RETAIL IPS. INCLUDES
A RBLATIVELI SHALL AHOUNT OP OfBRNIGHT RPS AT THRIFT INSTITUTIONS.
TBRH EUBODOLLABS ARE THOSE HITH ORIGINAL HATOBITIES GREATER THAI OIB DAI. COBSISTS OF T80SB ISSOBD TO 0.S. RESIDENTS BI
FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE AND BI ALL BANKING OFFICES IN TBB UNITED KINGDOfl AND CANADA. BXCL0DBS THOSE HELD
BI DBPOSITORI INSTITUTIONS AND HONBI HARKBT MUTUAL FUNDS.
CONSISTS OF U.S. TREASURI BILLS AND COUPONS RITH RBBAINING MATURITIES OF LSSS THAN 12 HONTBS HELD BI OTHER THAN DBPOSITORI
INSTITUTIONS, FEDERAL RBSBRfB BANKS, HONEI HARKET HUTUAL FUNDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BI ACCEPTING BANKS, FEDERAL BBSBRfE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOBE LOAN BANK SISTEH AND HONEI HARKBT HUTUAL FUNDS.
TOTAL COHHERCIAL PAPER LBSS COHHSRCIAL PAPER HELD BI HONSI HARKET HUTUAL FUNDS.
DEBT DATA ARE ON A HONTHLI A?SBAGE BASIS, DEBITED BI AfERAGING BND-OF-HONTH LBfBLS OF ADJACENT HONTHS, AND HATE BEEN
ADJUSTED TO RBHOfS DISCONTINUITIES.




H 6 (508)
Table 6

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

Date

foreign
commercial
banks

foreign
official
Institutions

Time and
savings
deposits
due to foreign
commercial
banks and
foreign official
institutions

U.S. government deposits
demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

note balances
at commercial
banks
and thrift
Institutions

total demand
deposits and
note and
FR balances

IRA and Keogh Accounts
time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

1985-MOT.
DEC.

8.1
8.5

2.1
1.9

8.4
8.3

3.0
3.4

2.8
3.4

4.8
11.1

10.7
17.9

1.3
1.4

58.7
59.2

79.5
80.9

8.4
8.3

146.6
148.4

198 6 - JAM.
FEB.

8.8
8.3
8.4

2.0
1.9
1.8

8.0
7.8
7.6

3.6
3.2
3.3

10.5
7.5
3.4

20.5
21.0
12.4

34.5
31.7
19.2

1.3
11.4

11.4

60.7
62.5
64.2

81.9
82.9
86.4

8.6
8.7
9.0

151.2
154.2
159.5

APB.
HAY
JO US

8.7
8.8
8.8

1.9
1.8
1.8

7.5
7.4
7.3

4.2
3.0
3.5

3.7
4.8
2.9

13.6
18.7
12.6

21.5
26.5
18.9

1.5
1.5
1.7

68.4
69.5
70.1

90.4
91.2
92.1

9.8
10.1
10.1

168.5
170.8
172.2

JULI
AUG.
SEPT.

9.1
8.9
9.2

2.0
1.8
1.9

7.2
7.2
7.2

3.6
3.0
3.6

3.8
3.2
5.6

13.2
8.1
14.6

20.6
14.2
23.8

1.6
.7
.7

70.8
71.1
71.4

92.9
93.4
94.1

10.2
10.2
10.5

173.9
174.7
176.0

OCT.
HOY.

9.4
9.0

1.8
2.0

7.1
7.1

3.4
3.4

3.4
3.2

11.8
11.9

18.6
18.4

.7
.7

71.7
72.1

94.8
95. 1e

10.8
10. 8e

177.2
178. 1e

3
10
17
24

8.6
8.6
9.0
9.3

1.9
2.1
2.2
1.8

7.1
7.1
7.1
7.1

3.5
3.4
3.7
3.0

3.0
3.6
3.7
2.9

10.6
8.6
11.2
14.4

17.1
15.6
18.6
20.2

1.7
1.7
1.6
1.6

1
8 P
15 P

9.3
9.3
9.5

2.1
1.9
1.7

7.0
7.1
7.0

3.3
3.1
4.6

2.7
2.6

14.0
9.2

3.1

6.4

20.0
14.9
14.1

1.6
1.6
1.6

•8EK BMDIHG:
1986
HOY.

DEC.

e = estimated