View original document

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

FEDERAL RESERVE statistical release
For Immediate Release
H.6 (508)

DEC.

5 , 1980

Table 1

MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally adjusted unless otherwise noted
M1-B
M1-A

Currency
plus demand
deposits 1

Date

MI-Aplus
other checkable
deposits at banks
and thrift
institutions 2

M2

Addenda:

Overnight RPs
at commercial
banks plus
overnight
Eurodollars 3
NSA

Money market
mutual fund
shares

NSA

1979-OCTNOV.
DEC.

366.6
368.0
369.7

382.9
384.2
386.4

28.8
25.7
25.3

36.9
40.4
43.6

1980-JAN.
FEB.
MAS.

370.8
373.7
373. 1

388.1
391.3
391.2

26.6
27.1
24.5

APR.
MAY
JUNE

367.6
367.8
371.3

386.6
386.2
390.9

JULY
AUG.
SEPT.

373.7
379.7
383.7

OCT. P

M3

M1-Bplu$
M2 plus large
overnight RPs
time deposits
and Eurodollars,
MMMF shares, and and term RPs at
savings and small commercial banks
and thrift
time deposits at
institutions^
commercial banks
and thrift
institutions^
1510.1
1516.4

L

M3 plus other
liquid assets©

1525.5

17 5 7 . 8
1765.4
1775.5

2120.4
2126.4
2141.1

49.1
56.7
60.9

1534.5
1546.7
1553.1

1786.9
1804.5
1811. 1

2155.2
2175.9
2190.1

20.3
21.3
22.5

60.4
66.8
74.2

1549.9
1562.1
1585.7

1811. 1
1824.2
1844.5

2200.7
2216.6
2229.1

394.5
401.6
406.9

26.6
28.9
30.1

80.6
80.7
78.2

1609^.7
1629.2
1640.9

1865.2
1886.3
1900.8

2244.0
2269.3
2296.0

386.7

410.7

30.4

77.4

1653.6

1918.2

381.7
386.1
387.7
387.2
386.5

404.8
410.2
411.8
411.4410.5

30.4
30.5
28.3
31.0
31.6

77.3
77.5
77.1
77.1
77.6

388.6
390.6
388.5
389.6

413.3
415.8
413.5
414.7

31.2
29.8
33.0
33.1

77.5
77.3
77.0
76.5

WEEK ENDING:

1980-OCT.

1
8
15

22
29
NOV.

1/
2/
3/
4/

5/
6/

5
12
19
26

P
P
P
P

INCLUDES (1) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S.
GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND
F.R. FLOAT; AND (2) CURRENCY OUTSIDE THE TREASURY, F.R. BANKS AND THE VAULTS OF COMMERCIAL BANKS.
M1-A PLUS NOW AND ATS ACCOUNTS AT BANKS AND THRIFT INSTITUTIONS, CREDIT UNION SHARE DRAFT ACCOUNTS AND
DEMAND DEPOSITS AT MUTUAL SAVINGS BANKS.
OVERNIGHT(AND CONTINUING CONTRACT) RPS ARE THOSE ISSUED BY COMMERCIAL BANKS TO THE NONBANK PUBLIC, AND
OVERNIGHT EURODOLLARS ARE THOSE ISSUED BY CARIBBEAN BRANCHES OF MEMBER BANKS TO U.S. NONBANK CUSTOMERS
SMALL DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000. M2 WILL DIFFER FROM
THE SUM OF COMPONENTS PRESENTED IN SUBSEQUENT TABLES BY A CONSOLIDATION ADJUSTMENT THAT HAS BEEN MADE TO
AVOID DOUBLE COUNTING OF THE PUBLIC'S MONETARY ASSETS. THE DIFFERENCE REPRESENTS THE AMOUNT OF DEMAND
DEPOSITS HELD BY THRIFT INSTITUTIONS AT COMMERCIAL BANKS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE AND ARE NET OF THE HOLDINGS
OF DOMESTIC BANKS, THRIFT INSTITUTIONS, THE U.S. GOVERNMENT, MONEY MARKET MUTUAL FUNDS AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS. TERM RPS ARE NET OF RPS HELD BY MONEY MARKET MUTUAL FUNDS.
OTHER LIQUID ASSETS INCLUDE THE NONBANK PUBLIC'S HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TREASURY
SECURITIES, COMMERCIAL PAPER, AND BANKERS ACCEPTANCES NET OF MONEY MARKET MUTUAL FUND HOLDINGS OF THESE
ASSETS.

NOTE:

P INDICATES PRELIMINARY DATA.
SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING WEEK-TO-WEEK CHANGES
I N HONEY SUPPLY DATA, WHICH ARE OFTEN HIGHLY VOLATILE AND SUBJECT TO REVISION I N SUBSEQUENT WEEKS AND
MONTHS.
PRELIMINARY DATA ARE SUBJECT TO WEEKLY REVISIONS UNTIL THEY ARE FINAL.




H.6 (508)
Table 1A

MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonally adjusted
M1-A

M1-B

M1-Aplus
other checkable
deposits at banks
and thrift
institutions 2

Addenda:

Overnight RPs
at commercial
banks plus
overnight
Eurodollars3

Money market
mutual fund
shares

M2
M3
M1-Bplus
M2 plus large
overnight RPs
time deposits
and Eurodollars,
MMMF shares, and and term RPs at
savings and small commercial banks
time deposits at
and thrift
institutions^
commercial banks
and thrift
institutions^

L

M3 plus other
liquid assets*?

Date

Currency
plus demand
deposits 1

197 9-OCT*
MOV.
DEC.

368,2
370,6
379.2

384,5
386,8
396,0

28.8
25.7
25.3

36.9
40.4
43.6

1510.1
1511.8
1527.3

1758.4
1762.0
1780.8

2118.6
2124.8
2143.6

1980-JAN,
FEB.
MAB.

375,6
365,5
366.3

392,9
383,1
384.4

26.6
27.1
24.5

49.1
56.7
60.9

1537.8
1538.6
1550.0

1792.1
1796.6
1808.8

2161.8
2173.3
2190.8

APB.
HAY
JUNE

370.9
362.2
370.1

389.9
380.5
389.7

20.3
21,3
22.5

60.4
66.8
74.2

1558.1
1559.2
1587.5

1817.3
1820.1
1843.9

2208.7
2210.9
2227.3

JULY
AUG.
SEPT,

375.7
377.5
382.9

396.5
399.4
406, 1

26.6
28.9
30.1

80.6
80.7
78.2

1615.1
1626.2
1638.9

1868.3
1883.3
1898.5

2245.3
2265.2
2285.5

OCT. P

388.3

412.4

30.4

77.4

1654.1

1919.4

378.9
390.9
392.0
387.2
383.0

402.0
415.0
416.1
411.3
407,0

30.4
30,5
28.3
31.0
31.6

77.3
77.5
77.1
77. 1
77.6

392.7
394,4
391.9
388.1

417.4
419.7
416.9
413.2

31.2
29.8
33.0
33.1

77.5
77.3
77.0
76.5

WEEK ENDING:

19 8 0 - O C T .

1
8
15
22
29

NOV.

5
12
19
26

NOTE:

P
P
P
P

SEE TABLE 1 FOP FOOTNOTES.




H.6 (508)
Table 2

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

Date

M1-A

M1-B

Currency
plus demand
deposits 1

MI-Aplus
other checkable
deposits at banks
and thrift
institutions^

M2
MI-Bplus
overnight RPs
and Eurodollars,
MMMF shares, and
savings and small
time deposits at
commercial banks
and thrift
institutions*

M3
M2 plus large
time deposits
and term RPs at
commercial banks
and thrift
institutions^

OCT. FROM:

JULY

1980

(3 MONTHS PREVIOUS)

13.9

16.4

10.9

11.4

APR.

1980

(6 MONTHS PREVIOUS)

10,4

12.5

13.4

11.8

OCT.

1S7S

{12 MONTHS PREVIOUS)

NOV. 2 6 ,
FOUR WEEKS ENDING:
FROM FGUR WEEKS ENDING:

27,

1980

(13 WEEKS PREVIOUS)

MAY

28,

1980

(26 WEEKS PREVIOUS)

NOV.

28,

1979

(52

WEEKS PREVIOUS)

SEE TABLE 1 FOP FOOTNOTES.




7.3

1980

AUG.

NOTE:

5.5

9.8
11.6
5.8

12.4
14.5
7.8

9.5

9.1

H.6 (508)
Table 3

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollar;, seasonally adjusted unless otherwise noted
1

Date

Currency

Demand
deposits 2

Other
checkable
deposits 3

Overnight
RPs
(net) 4

Overnight
Eurodollars5

NSA

NSA

NSA

Money
market
mutual
funds 6
NSA

Savings deposits
at
at
thrift
commercial
institutions
banks

total

Small denomination time deposits?
at
at
total
commercial
thrift
banks
institutions

1979-OCT.
NOV.
DEC.

105.5
105.9
106.3

261.1
262.1
263.4

16.3
16.2
16.7

25.3
22.5
21.7

3.2
3.6

36.9
40.4
43.6

202.0
196.1
194.2

234.0
225.2
222.5

436.0
421.3
416.7

227.5
237.0
241.5

400.9
410.8
415.1

628.4
647.8
656.5

1980-JAN.
FEB.
NAB.

107.3
108,1
108.9

263.5
265.6
264.2

17.3
17.6
18.0

22.6
23.0
21.0

4.1
4.1
3.6

49. 1
56.7
60.9

192.2
188.6
183.0

219.6
214.6
208.9

411.8
403.1
391.9

245. 9
251.2
260. 1

415.9
420.2
427.5

661.8
671.4
687.6

APP.
MAY
JUNE

109.0
110.1
111.0

258.6
257.7
260.3

19.0
18.4
19.6

17.6
18.5
19.6

2.7
2.8
2.9

60.4
66.8
74.2

176.4
175.3
180.1

201.0
197.4
201.3

377.3
372.7
381.4

271.9
275.1
274.4

436.4
443.0
445.2

703.3
718.0
719.6

JULY
AUG.
SEPT.

112.0
113. 4
113.9

261.6
266.3
269.8

20.8
21.9
23.2

23.0
25.2
26.4

3.6
3.7
3.7

80.6

80.7
78.2

185.9
190.0
191.2

207.9
213.9
216.7

3 93.8
4 03.9
4 07.9

273.7
273.7
275.1

443.5
443.5
445.8

717.2
717.1
720.9

OCT. P

115. 1

271.6

24.1

26.0

4.4

77.4

192.7

217.7

410.4

277.6

450.3

727.9

1 ""
8
15
22
29

114.6
114.7
115.0
115.3
115.6

267. 1
271.5
272. 8
272.0
270.9

23.1
24.1
24.1
24,1
24.1

26.2
26.4
23.8
26.6
27.1

4.2
4.1
4.5
4.4
4.5

77.3
77.5
77. 1
77. 1
77.6

191.5
193.1
192.4
192.4
192.8

275.3
275.7
277.9
278.5
278.7

5
12
19
26

1T5.6
116.0
115.8
116.1

273.0
274.6
272.7
273.5

24.7
25.3
25.0
25.1

26.8
25.6
28.3
27.9

4.4
4.2
4.7
5.3

77.5
77.3
77.0
76.5

193.3
193.2
191.0
190.3

278.9
28 2 . 5
285.1
287.1

3.5

WEEK ENDING:

1980-OCT.

NOV.

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

P
P
P
P

CURRENCY OUTSIDE THE 0.S. TREASURY, F.R. BANKS AND VAULTS OF COMMERCIAL BANKS.
DEMAND DEPOSITS AT COMMERCIAL BANKS AND FOREIGN RELATED INSTITUTIONS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVEPNMSNT
AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R. FLOAT.
INCLUDES ATS AND NOW BALANCES AT ALL INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND DEMAND DEPOSITS AT MUTUAL SAVINGS
BANKS.
INCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED TO THE NONBANK PUBLIC BY COMMERCIAL BANKS, NET OF AMOUNTS HELD 3Y MONEY
MARKET MUTUAL FUNDS.
ISSUED BY CARIEBEAN BRANCHES OF U.S. MEMBER BANKS TO U.S. NONBANK CUSTOMERS.
TOTAL MCNEY MARKET MUTUAL FUND SHARES OUTSTANDING.
SMALL DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000.




H.6 (508)
Table 3—continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally ad usted unless otherwise noted

Large denomination time deposits'1
at commercial
at thrift
banks2
institutions
total

Date

at commercial
banks
NSA

Term RPs3
at thrift
institutions
NSA

total
NSA

Term
Eurodollars
(net)4
NSA

Savings
bonds

Short-term
Treasury
securities^

Commercial
Bankers
paper7
acceptances^

1979-OCT.
NOV.
DEC.

188.9
190.3
189.1

25.9
28.2
30.3

214.8
218.5
219.4

25.7
23.6
23.8

7.2
6.9
6.7

33.0
30.5
30.5

33.2
34.0
31.9

82.2
80.3
80.0

123.7
122.1
127.5

27.1
28.6
28.9

96.4
96.0
97.3

1980-JAN.
FEB.
HAB.

190.6
195.1
196.7

31.9
33.5
34.1

222.5
228.6
230.7

23.3
22.7
20.6

6.6
6.6
6.6

29.9
29.2
27.2

34. 1
37.5
37.4

79.2
78.1
76.8

127.6
128.8
136.3

28.4
27.6
28.8

99.0
99.3
99.8

APR.
MAY
JUNE

199.3
199.1
T94-8

34.9
35.9
35.9

234.2
235.0
230.7

20.6
20.6
21.6

6.5
6.5
6.5

27.1
27.1
28.1

37.9
37.8
36.0

75.2
74.0
73.3

146.3
151.8
148.6

29.5
29.4
30.2

1O0.6
99.5
96.5

JULY
AUG.
SEPT.

190.0
188.6
191.2

36.2
36.7
37.8

226.2
225.3
229.0

22.6
25.0
24.3

6.7
6.7
6.6

29.3
31.7
30.9

36.0
37.0
34.9

72.8
72.6
73.2

144.2
147.2
157.3

30.1
29.6
31.3

95.8
96.6
98.5

192.9

39.3

232.2

25.7

6.6

32.3

OCT.

P

WEEK ENDING:
1980-OC1.

1
8
15
22
29

NOV.

5
12
19
26

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

P
P
P
P

192.5
192.5
193.1
191.9
193.4

25.2
24.2
26.3
25.3
27.0

195.9
198.7
202.0
205.2

26.1
26.0
24.4
25.8

LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OP $100,000 OR MORE.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT INSTITUTIONS.
TERM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY AND EXCLUDE CONTINUING CONTRACTS.
TERM EURODOLLARS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY NET OF TERM EURODOLLARS HELD BY MONEY MARKET MUTUAL
FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY THE NONBANK PUBLIC LESS SUCH
SECURITIES HELD BY MONEY MARKET MUTUAL FUNDS.
WET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F.R. BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND HONEY MARKET MUTUAL FUNDS.
TOTAL CCMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 3A

COMPONENTS OF MONEY STOCK MEASURES AND LKMMD ASSETS
Billions of dollars, not seasonally adjusted -

Currency 1

Date

at member
bank$2

Demand deposits
at foreignat domestic
related
banking
nonmember
offices
bank$3
in the U.S.4

Other checkable deposits
total

at
commercial
banksS

at thrift
institutions 6

total

Overnight
RPs(net)7

Overnight Money market
Eurodollars 8 mutual funds9

1979-OCT.
NOV.
DEC.

105.2
106-6
108.2

169.0
169.5
175.3

87.9
88.5
90.2

6.0
6.0
5.5

263.0
264.0
271.0

12.5
12.4
12.8

3.8
3.9
3.9

16.3
16.2
16.7

25.3
22.5
21.7

3.5
3.2
3.6

36.9
40.4
43.6

1980-JAN.
FEB.
NAB.

106.5
106.8
107.9

173.9
165.3
164.9

89.2
86.8
86.6

6.0
6.5
6.8

269.1
258.7
258.4

13.4
13.7
14.0

3.9
3.9
4. 0

17.3
17.6
18.0

22.6
23.0
21.0

4.1
4.1
3.6

49.1
56.7
60.9

APR.
HAY
JONE

108.7
109.9
111.1

168.6
161.3
166.0

87.5
84.5
86.6

6.1
6.4
6.4

262.2
252.2
259.0

14.9
14.3
15.5

4. 1
4. 1
4.2

19.0
18.4
19.6

17.6
18.5
19.6

2.7
2.8
2.9

60.4
66.8
74.2

JULY
AOG.
SEPT.

112.7
113.7
113.7

167.9
169.2
173.1

88.2
88.7
90.3

6.8
6.0
5.9

263.0
263.9
269.2

16.7
17.7
18.7

4.2
4.2
4.5

20.8
21.9
23.2

23.0
25.2
26.4

3.6
3.7
3.7

80.6
80.7
78.2

OCT. P

114.9

175.7

92.0

5.9

273.5

19.5

4.6

24.1

26.0

4.4

77.4

112-9
115.3
115.4
114.7
114.0

171.5
177.2
177.4
174.4
173.5

88.6
92.6
93.3
92.0
89.9

5.9
5.8
5.&
6.1
5.7

266.0
275.6
276.6
272.5
269.0

18.5
19.5
19.5
19.5
19.5

4.6
4.6
4.6
4.6
4.6

23.1
24.1
24.1
24.1
24.1

26.2
26.4
23.8
26.6
27.1

4.2
4.1
4.5
4.4
4.5

77.3
77.5
77.1
77.1
77.6

115.6
117.4
116.7
116.5

177.3
177.1
175.6
173.6

93.7
94.2
93.7
91.7

6.1
5.8
5.9
6.2

277.1
277.0
275.2
271.6

20.0
20.6
20.3
20.4

4.7
4.7
4.7
4.7

24.7
25.3
25.0
25.1

26.8
25.6
28.3
27.9

4.4
4.2
4.7
5.3

77. 5
77.3
77.0
76.5

WEEK ENDING:
1980-OCT.

1
8
15
22
29

NOV.

5
12
19
26

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

P
P
P
P

CURRENCY OUTSIDE THE U . S . TREASURY, F . R . BANKS AND THE VAULTS OP COMMERCIAL BANKS.
DEMAND DEPOSITS OTHER THAN THOSE DUB TO DOMESTIC BANKS, THE U . S . GOVERNMENT AND FOREIGH BANKS ANE OFFICIAL INSTITUTIONS LESS
CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R. FLOAT AT MEMBER BANKS OF THE FEDERAL RESERVE SYSTEM.
DEMAND DEPOSITS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS
CASH ITEMS IN THE PROCESS OF COLLECTION AT NONHEHBER BANKS.
DEPOSITS AS DESCRIBED IN FOOTNOTE 3 AT AGENCIES AND BRANCHES OF FOREIGN BANKS, EDGE ACT CORPORATIONS AND FOREIGN INVESTMENT
COMPANIES.
NOW AND ATS ACCOUNTS AT BANKS.
NOW ACCOUNTS AT THRIFT INSTITUTIONS, CREDIT UNION SHAHB DRAFT BALANCES AND DEMAND DEPOSITS AT MUTUAL SAVINGS BANKS.
INCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED TO THE NONBANK PUBLIC BY COMMERCIAL BANKS NET OF AMOUNTS HELD BY HONEY
MARKET MUTUAL FUNDS.
ISSUED BY CARIBBEAN BRANCHES OF U.S. MEMBER BANKS TO U.S. NONBANK CUSTOMERS.
TOTAL MONEY MARKET MUTUAL FUND SHARES OUTSTANDING.




H.6 (508)
Table 3A-continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonall / adjusted
Date

at commercial
banks

at savings
and loans

Savings deposits
at mutual
savings banks

at

total

credit unions

at commercial

banks

Small denomination time deposits'1
at savings
at mutual
at
and loans
savings banks
credit unions

1979-OCT.
NOV.
DEC.

201.3
194.8
192.4

124.8
119.6
118.1

63.0
60.7
59.9

45.6
44.1
43.5

434.6
419.2
413.8

228.0
235.1
239.0

314.4
319.5

1980-JAN.
FEB.
MA*.

191-3
187.5
183.6

116.5
113.5
111.1

59.0
57.5
5€.3

42.5
41.6
41.2

409.2
400.0
392.2

APR.
MAY
JUNE

178.0
176.5
180.7

106.8
104.8
108.3

54.3
53.2
54.2

40.6
39.9
40.3

JULY
AUG.
SEPT.

187.0
190.1
190.9

112.9
116.0
117.8

55.7
56.6
57.0

OCT. P

192.0

1T7.3

56.8

WEEK

1

8
15
22
29
NOV.

1/

322.4

77.1
78.7
79.7

8.7
9.5
10.3

628.2
642.7
651.5

245.5
251.9
260.9

325.7
329.1
333.8

80.7
81.7
83.3

11.1
11.9

12.9

662.9
674.6
690.9

379.7
374.4
383.6

272.2
276.2
275.8

339.3
341.4
341.7

85.6
86.9
87.1

13.8
14.6
15.7

710.9
719.1
720.4

41.1
41.9
42.6

396.7
404.6
408.2

274.0
273.4
275.1

340.2
338,5
339.8

86.9
86.8
87.3

16.6
16.9
17.1

717.7
715.6
719.4

43.0

409.1

278.4

343.9

88.3

17.3

727.9

ENDING:

1980-OCT.

5
12
19
26

P
P
P
P

191.1
193.1
192. a
191.5
191.4

275.9
276.2
278.7
279.3
279.6

191.9
191.6
189.7
189.3

278.9
•280.8
282.0
283.6

SMALL DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OP LESS THAN $100,000.




total

H.6 (506)
Table 3A-continued

COMPONENTS OF MO*$E¥ STOCK MEASURES AND LIQUID ASSETS
Billions of dcilars, not seasonably adjusted
Large denomination time deposits'!
at
at mutual
savings
commercial
at savings
total
banks?
banks
and loans

Date

Term RPs3
at
commercial
banks

at thrift

total

institutions

Term
Eurodollars
(net)4

Savings
bonds

Commercial
Bankers
Short-term
paper7
acceptances^
Treasury
securities^

19 7 9 - O C T .

189.1

DEC.

191.6
193.5

23.8
25.4
26.8

2.5
2.6
2.7

219.7
223.0

25.7
23.6
23.8

7.2
6.9
6.7

33.0
30.5
30.5

33.2
34.0
31.9

80.5
80.3
80.0

123.9
127.2

27.0
27.6
26.6

95.4
97.1
97.2

FF.3.
3AR.

193.3
196,1
198.3

28.4
29.9
30.6

2.8
2.8
2.8

224.4
228.8
231.6

23.3
22.7
20.6

6.6
6.6
6.6

29.9
29.2
27.2

34.1
37.5
37.4

79.2
78.2
76.8

130.2
132.1
138.1

27.5
28.9
29.8

98.7
100.0
99.8

HA?
JUNE

197.7
193-1
191.9

31.6
32.8
33.5

2.9
2.9
2.9

232.2
233.9
228.4

20.6
20.6
21.6

6.5
6.5
6.5

27.1
27.1
28.1

37.9
37.8
36.0

75.1
73.9
73.5

147.6
151.7
146.0

30. 1
30.1
30.5

100.7
97.4
97.3

JU7.Y
AUG.
SEPT.

186.7
187.5
183.9

34.1
35.0
35.9

2.9
2.9
2.9

223.8
225.4
228-7

22.6
25.0
24.3

6.7
6.7
6.6

29.3
31.7
30,9

36.0
37.0
34.9

73.3
73.2
73. 1

141.6
146.0
151.1

29.9
30.0

96.2
95.6
96.6

OCT. P

193.1

37.0

2.9

233.0

25.7

6.6

32.3

1930-JAN.

215.4

124.0

31.3

WEEK E N D I N G :

OCT.

1

a

15
22
23
tfOV.

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

5
12
19
26

P
P
?
P

191.7
192.0
192.3
19 2.2
19*1,5

25.2
24.2
26.3
25.3
27.0

196.a
199-1
203.0
?G7.1

26.1
26.0
24.4
25.8

LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OP $100,000 OR MORE.
LARGE DENOMINATION TINE DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT
INSTITUTIONS.
TERM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY AND EXCLUDE CONTINUING CONTRACTS.
TERM EUBODOLLARS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY NET OF TERM EURODOLLARS HELD BY MONEY MARKET MUTUAL
FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS HITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY THE NONBANK PUBLIC LESS SUCH
SECURITIES HELD BY MONEY MARKET MUTUAL FUNDS.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F.R. BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND MONEY MARKET MUTUAL FUNDS.
TOTAL CCJ1M3RCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (506)
Table 4

MEMORANDA ITEMS
Billiont 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 commercial
banks and foreign
official institutions

demand deposits at
Federal Reservit
commercial banks
Banks

U.S. government deposits
note balances at
commercial
banks and thrift
institutions

total demand
deposits and
note balances

time and
savings deposits at
commercial bank

1979-OCT.
NOV.
DEC.

11.5
11.6
12.2

2.5
3.2
3.4

9.2
8.8
9.9

2.1
2.3
2.7

3.3
3.0
3.0

9.6
3.3
6.9

15-0
8.6
12.6

1.0
0.9
0.8

1980-JAN.
FEB.
WAR.

11.8
12.0
12.7

3.6
3-3
3-2

9.4
8.8
8.8

3.0
2.7
2-7

3.1
3.4
2.7

9.6
9.0
5.1

15.7
15.1
10.5

0.7
0.7
0.7

APR.
HAY
JUNE

12.3
13.0
12.1

3,5
3.3
2.9

9.2
9.6
10.0

3.5
2.5
3.2

2.6
2.8
2.9

5.4
5.9
6.8

11.6
11.2
12.9

0.7
0.6
0.6

JULY
AUG.
SEPT.

12.0
11.5
11.5

3.0
2.9
2.6

10.0
10.0
10.3

3.1
2.6
3.1

3.1
3.3
3.3

6.1
6.5
11.0

12.3
12.4
17.3

0.5
0.6
0.6

OCT. P

11.8

2.7

10.5

3.0

3.2

9.7

15.9

0.6

11.7
11.6
12.3
11.6
11.4

2.7
2.6
2.9
2.7
2.5

10.3
10.4
10.4
10.5
10.5

2.6
3.8
3.3
2.5
2.3

4.3
3.3
3.3
3.2
3.2

17.6
12.0
6,8
9.2
10.1

24.5
19.2
13.4
15.0
15.6

0.6
0.6
0.6
0.6
0.6

11.8
12.7
12.6
12.1

3.6
3.2
2.7
2.9

10.5
10.4
10.5
10.3

3.3
2.5
3.0
2.2

2.3
3.1
3.5
2.9

8.2
2.1
1.9
5.6

13.7
7.7
8.4
10.7

0.6
0.6
0.6
0.6

.

WEEK ENDING
1980-OCT.

1
8
15
22
29

NOV.

5
12
19
26




P
P
p
P

SPECIAL SUPPLEMENTARY TABLE
Variable Ceiling Time Deposits at
All Insured Commercial Banks and All Mutual Savings Banks
August 27, 1980, September 24, 1980, and October 29, 1980
(Not seasonally adjusted)^

Insured Commercial Banks
August 27 September 24 October 29r

Mutual Savings Banks
August 27 September 24 October 29r

Amount outstanding
(millions of dollars):
6-month money market certificates2
(Standard error of the estimates)
2-1/2 year and over variable
ceiling certificates3
(Standard error of the estimate)

146,725
(2065)

148,990
(2072)

152,680
(2253)

41,101r
(671)

41,462r
(610)

41,530
(798)

23,612
(678)

26,010
(723)

28,930
(801)

8,884
(244)

9,301
(311)

9,745
(311)

13,86/

13,984

14,262

463

463

463

12,952

13,147

14,262

463

463

463

97.0

93.9

94.2

89.6

91.6

99-7

85.6

91.4

89.0

88.3

92.2

96.5

Number of institutions offerings
6-month money market certificates2
2-1/2 year and over variable
ceiling certificates

Percent of offering institutions
paying the ceiling rate during the
survey period:
6-month money market certificates2
2-1/2 year and over variable ceiling
certificates

JV
2/

3/

r—revised.
Estimates for October are based on data collected by the Federal Reserve and the FDIC from a stratified random
sample of 491 commercial banks and 82 mutual savings banks.
Money market certificates (MMCs) are nonnegotiable time deposits in denominations of $10,000 or more with
original maturities of exactly 26 weeks for which the maximum permissible rate of interest on new deposits is
related to the discount yield on the most recently issued six-month Treasury bill (auction average). See Table
1.16 In the Federal Reserve Bulletin for specific ceiling rates.
This category includes all 4-year and over variable ceiling accounts having no legal minimum denomination issued
between July 1 and December 31, 1979 and all such 2-1/2 year and over variable ceiling accounts issued since
January 1, 1980. See Table 1.16 in the Bulletin for specific ceiling rates.




FEDERAL RESERVE statistical release
At tachment \o H.6
December
MONEY STOCK SEASONAL FACTORS, 1981

Shown below are monthly and weekly seasonal adjustment factors
for the currency, demand deposits, and the commercial banks time and savings deposits components of the monetary aggregates for the first quarter
of 1981. The factors presented here are essentially the same as those
employed this year.

The seasonal factors shown will be used by the Board

in compiling seasonally adjusted money stock measures until revised in the
early part of 1981.

!

O0MVERCIAL BANK

MONTHLY

CURRENCY

January
February
March

.9930
.9880
.9910

DEMAND
DEPOSITS

SAVINGS
DEPOSITS

j

LARGE
SMALL
DENOMINATION
DEHDMINATION
TIME DEPOSITS | TIME DEPOSITS

1.0210
.9740
.9780

.9950
.9940
1.0040

.9980
1.0030
1.0030

1.0140
1.0050
1.0080

1.0080
.9990
.9900
.9790

1.0590
1.0390
1.0180
.9820

.9945
.9960
.9960
.9950

.9990
.9960
.9950
1.0000

1.0185
1.0150
1.0135
1.0120

.9850
.9960
.9920
.9780

.9880
.9830
.9770
.9540

.9925
.9940
.9945
.9945

1.0000
1.0020
1.0040
1.0060

1.0080
1.0055
1.0040
1.0025

11
18
25

.9860
1.0000
.9930
.9880

.9790
.9820
.9850
.9650

.9960
1.0000
1.0035
1.0070

1.0040
1.0040
1.0050
1.0030

1.0075
1.0090
1.0075
1.0085

Apr. 1

.9860

.9870

1.0100

1.0010

1.0070

WEEKLY
Jan. 7

14
21
28
Feb. 4

11
18
25
Mar. 4




•