Full text of H.6 Money Stock Measures : December 6, 1984

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 Release at 4 30 Eastern Time

H.6 (508)
Table 1

rilONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

DECEMBER

6,

1984

Billions of dollars

M1
Sum of currency,
travelers checks,
demand deposits and
other checkable deposits1

Date

M;
M1 plus overnight RPs
and Eurodollars,
MMMF balances (gen. pur.
and broker/dealer), MMDAs,
and savings and small
time deposits2

M3
M2 plus
large time deposits,
term RPs, term Eurodollars
and institution-only
MMMF balances 3

L

Debt

M3 plus other
liquid assets4

r•jonfinancial sectors'"

Debt of domestic

i

Seasonally adjusted

1983—OCT.
NOV.
DEC.

521.7
523.1

525.4

2167. 3
2182. 2
2196. 3

2658. 9
2689, 3
2710, 4

1984—JAN.
FEB.
MAR*
APR.
HAY
JUNE
JULY
AUG.
SEPT •
OCT.

530. 1
533.0
535.3
535.5
541.2
546.3
545.8
546.7
548.9
545.5

2206.
2222.
2230.
2242.
2258.
2272.
2281.
2291.
2305.
2317.

2723.
2747.
2767.
2792.
2818.
2839.
2860.
2872.
2890.
2916.

1983—OCT.
NOV.
DEC.

522.4
526.8
537.9

2167. 2
2181. 3
2198. 1

1984—JAN.
FEB.
MAR.
APR.
flAY
JUNE
JULY
AUG.
SEPT,
OCT.

535.0
522.0
528.2
543.3
535.0
545.6
547.5
542.7
546.3
546.0

2210.
2212.
2231.
2254.
2253.
2273.
2287.
2288.
2299.
2316.

8
6
0
9
6
1
9
1
8
2

5124. 7
5170. 5
5224. 6

3116.4

3147.2
3178.7
3201.4
3231.6
3273.6
3299.3
3330.3
3371. 1
3406.7

52S2.
5341.
5396.
5455.
5517.
5571.
5632.
5694.
5742.

2657. 6
2690. 4
2716. 5

3112.4
3148.4
3189.4

5114. 4
5158. 5
5218. 5

2729.
2739.
2769.
2800.
2813.
2838.
2859.
2870.
2884.
2914.

3212.9
3233.1
3279.9
3310.8
3326.2
3367.2
3398.8

5276.
5322.
5373.
5430.
5491.
5550.
5613.
5675.
5731.

8
0
8
4
3
5
5
2
6
2

8
1
1
9
6
7
2
0
8

Not seasonally adjusted

6
5
0
7
5
9
0
5
4

5

7
7

o
g
6
2
4
3
9
3

5
1
1
8
9
0
8
5

M1

Seasonally adjusted

For period ended
13-week average
1984-CCT.

NOV.

NOTE:

1
8
15
22
29
5
12
19 P
26 P

4-week average

week average

13-week average

Not seasonally adjusted
4-week average

547.0
547.0
547.0
547. 1

549.2
547.2
546.8
546.3
545.2

548. 0
545.4
547.2
544.5
543.8

545. 4
544 . 9
544 . 9
544 . 9
545 . 1

546. 5
545. 1
545. 6
54 7 . 0
545. 9

547.0
547.0
547.3
547.8

545.6
545.2
547. 1
549.7

546.8
545.6
552.0
554.2

545 . 4
545 . 9
546 . 9
548. 1

546.
546.
550.
553.

547. 1

1
5
2
4

week average
540 .
552 .
553 .
542 .
535 .

4
3
4
3
7

553 . 2
554 . 9
556 . 8
548 . 7

SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING WEEK-TO-WEEK CHANGES IN PIONFY SUPPLY DATA, WHICH ARE
HIGHLY VOLATILE AND SUBJECT TO REVISION.
P—INDICATES PRELIMINARY DATA.
FOOTHOTES 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 FROM JULY

1984 TO OCT. 1984

-0. 2

6. 2

7.8

12.3

6 MONTHS FROM APE.

1984 TO OCT. 1984

3.7

6. 6

8.9

12.8

12 MONTHS FROM OCT.

1983 TO OCT. 1984

4.6

6. 9

9.7

13.0

THIRTEEN WEEKS ENDING NOV. 26, 1984
FROM THIRTEEN WEEKS ENDING:

1/

1/

2/

3/

4/
5/

AOG.

27, 1984 (13 WEEKS PREVIOUS)

1.2

HAY

28, 1984 (26 WEEKS PREVIOUS)

3.9

NOV.

28, 1983 (52 WEEKS PREVIOUS)

5. 1

GROWTH BATES FOR DEBT ARE BASED ON PERIODS BEGINNING AND ENDING ONE MONTH EARLIER THAN FOR THE MONETARY AGGREGATES,
NAMELY, JUNE 1984 TO SEPTEMBER 1984, MARCH 1984 TO SEPTEMBER 1984, AND SEPTEMBER 1983 TO SEPTEMBEP 1984, RESPECTIVELY.
FOOTNOTES TO TABLE 1
CONSISTS OF (1) CURRENCY OUTSIDE THE TREASURY, FEDERAL RESERVE BANKS, AND THE VAULTS OF COMMERCIAL BANKS;
(2) TRAVELERS CHECKS OF NONBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHER IRAN THOSE DUE TO
DOMESTIC BANKS, THE U.S. GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS
OF COLLECTION AND FEDERAL RESERVE FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE ORDER
OF WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITORY INSTITUTIONS,
CREDIT UNION SHARE DRAFT ACCOUNTS AND DEMAND DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AND DEMAND
DEPOSIT COMPONENTS EXCLUDE THE ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY
THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF H1 PLUS OVEHNIGHT (AND CONTINUING CONTRACT) EPS ISSUED BY ALL COMMERCIAL BANKS AND OVEPNIGHT EURODOLLARS
ISSUED TO U.S. RESIDENTS BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE, MMDAS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL R P S — I N AMOUNTS OF LESS THAN $100,000), AND BALANCES IN BOTH
• TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BROKER/DEALER MONEY MARKET MUTUAL FUNDS. EXCLUDES IRA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. COMMERCIAL
BANKS, MONEY MARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALEE), FOREIGN GOVERNMENTS AND COMMERCIAL BANKS, 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 SERVICE THEIF TIME AND SAVINGS DEPOSITS.
CONSISTS OF M2 PLUS LARGE DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $100,000 OR MORE) AND TERM RP LIABILITIES ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOREIGN BRANCHES OF U.S. BANKS
WORLDWIDE 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, MONEY
MARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT RBPFESENTS
THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY MONEY MARKET MUTUAL FUNDS.
CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TREASURY SECUPITIES, COMMERCIAL
PAPER AND BANKERS ACCEPTANCES, NET OF HONEY MARKET MUTUAL FUND HOLDINGS OF THESE ASSETS.
DEBT OF DOMESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CREDIT MARKET DEB1^ OF THE UNITED STATES GOVERNMENT,
STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS OF CORPORATE BONDS, MORTGAGES,
CONSUMER CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND OTHER DEBT
INSTHUHENTS. THE DATA ARE DERIVED FBOM THE FEDERAL RESERVE BOARD"S FLOW CF FUNDS ACCOUNTS. ALL DATA ON DEBT OF DOMESTIC
NONFINANCIAL SECTOBS ARE PRESENTED IN MONTH-AVER AGE FORM, DERIVED BY AVERAGING MONTH-END LEVELS OF ADJACENT MONTHS. THE
DATA HAVE ALSO BEEN ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT MAY ARISE IN THE UNDERLYING FLOW OF FUNDS STATISTICS
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFERS, THEREFORE, FROM THE QUARTERLY FLOW OF FUNDS STATISTICS CONTAINED IN
IN THE FEDERAL RESERVE RELEASES Z.7 AND Z.I. IN THOSE RELEASES, PUBLISHED LEVELS OF CREDIT MARKET DEBT ARE MEASURED ON A
A QDABTER-END BASIS AND INCLUDE DISCONTINUITIES.




H.6(N*

COMPONENTS OF THE MONEY STOCK
BJMMOAS of d o N M i WttSOflMiy aOjUOtafl

Satocfttd
Oat*

Curraney*
otiaoka*

Damand
otaoaltt'

Siwtngtdaf ml to'

Othtr
chaoktata

IftMt*

In MS
arty*

at

at
thrift

•t

total

tfttawdi •to*
at
tfwMt

LM
at

total

r

,„„., .„.-—
at
thrtft
MM

total

1983-OCT.
NOV.
DEC.

146.0
147.2
148.0

4.8
4.9
4.9

243.6
242.8
243.7

127.3
128.3
128.9

1645.6
1659.2
1670.9

491,6
507.1
514.1

137. 0
136. 1
134. 6

180. 2
179. 2
178. 2

317. 1
315.4
312.9

tanks
344.8
350.0
3 53.1

1984-JAN.
FEB.
MAR.

149.9
150.2
150.9

4.9
5.0

5.0

244.5
243.8
244.0

130.8
134.0
135.4

1676.7
1689.6
1694.8

517.0
524.4
537.7

132. 1
130. 1
128. 9

177. 7
176. 5
176. 6

309.9
306.6
305.5

352.9
352.8
353.5

444. 1
448. 1
449. 9

797. 0
800. 9
803. 4

226, 8
227, 9
232. 4

106. 3
112. 0
115. 5

333. 0
339. 9
347. 9

APF.
MAY
JUNE

151.8
152.9
154.2

5.1
5. 1
5.1

245.3
245.2
248.2

133.3
138.0
138.8

1707.4
1717.4
1725.7

549.5
559.7
567.4

128. 6
128. 2
128. 0

176. 9
177. 3
177. 1

305.5
305.5
305. 1

356.0
360.5
365.7

452. 4
456. 1
463. 3

808. 3
816. 7
829. 0

236. 0
24 3. 4
249. 4

119. 5
123. 8
129. 4

355. 5
367. 3
378. 8

JULY
AUG.
SEPT.
OCT.

155.0
156.0
156.7
157.2

5.2
5.2
5.1
5.0

247.1
245.5
246.4
243.8

138.5
139.9
140.8
139.6

1736.1
1744.4
1756.9
1771.8

578.6
581.1
584.7
598.9

127.
126.
125.
125.

4
3
9
2

175.
173.
173.
172.

303.0
299.8
298.9
297.4

371.8
377.9
382.3
384.4

473.
484.
492.
500.

84 5. 2
862. 0
874. 5
885. 0

254.
255.
257.
262.

3
8
1

134.
136.
135.
138.

389.
391.
392.
400.

bank*

6
4
0
2

banki• •

428. 2
435. 5
440. 0

773. 0
221, 2
785. 5
223, 7
793. 1 . 225,.1

93. 9
96. 6
100. 4

3 15. 1
320. 3
32 5. t*

3
2
3
6

8

2
7
1
7

WEEK ENDING
1984
OCT.

NOV.

1/
2/
3/

4/

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

1
8
15
22
29

157.3
157.1
157.3
157.4
157.6

247.3
243.1
245.1
242.5
242.7

138.3
140.2
139.9
139.6
138.7

125.
125.
125.
125.
124.

4
7
4
1
7

384.4
385.0
384.7
384.3
384.2

260.
261.
262.
263.
262.

4
2
0
1
9

5
12
19 P
2* P

156.9
157.4
157.5
158.3

244.7
243.7
248.2
247.0

140.3
139.7
141.5
144.0

124. 9
124. 7
124. 8
124.

385.3
385.7
385.6
386.1

262.
262.
260.
260.

6
4
5
2

CURRENCY OOTSIDE THE U.S. TREASURE, FEDERAL RESERVE BANKS AND VAULTS OF COMMERCIAL BANKS.
EXCLUDES THE ESTIMATED
AMOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
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 DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND FEDERAL RESERVE FLOAT.
EXCLUDES THE ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD
LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND
DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS THE DIFFERENCE BETWEEN THE
SEASONALLY ADJUSTED SUM OF DEMAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEMAND DEPOSITS. INCLUDED ARE ALL CEILING
FREE "SUPER NOWS," AUTHORIZED BY THE DEPOSITORY INSTITUTIONS DEREGULATION COMMITTEE TO BE OFFERED BEGINNING JANUARY 5,
1983.
SUM OF OVERNIGHT SPS AND OVERNIGHT EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER),
HMDAS, AND SAVINGS AND SMALL TIME DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIfi TIME AND SAVINGS DEPOSITS LIABILITIES.
SOM OF LARGE TIME DEPOSITS, TERM FPS AND TERM EURODOLLARS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSTITUTIONONLY), LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELP BY
INSTITUTION-ONLY MONEY MARKET FUNDS.
SAVINGS DEPOSITS EXCLUDE MMDAS.
SMALL DENOMINATION TIME DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROM SMALL
TIME DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OK MORE, EXCLUDING THOSE BOOKED AT
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY MONEY MARKET MUTUAL FUNDS,
DEPOSITORY INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




0
9
9
9

H.6 (506)
Table 4

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

2/
3/
4/

Non-M3 components of L
bankers acceptances 2
short-term treasury
securities1

commercial paper*

Debt components 4
federal debt
non-federal debt

70.5

221.5

43.7

125.3

1137. 1

3943.0

OCT.
NOV.
DEC.

70.7
70.8
71,0

218.4
217.2
223.3

42.8
42.9
43.3

125.7
126.9
130.8

1151.3
1163.6
1173.1

3973.4
4006.9
4051.6

1984-JAN.
FEB.
HAB.

71.2
71.7
72.2

226.6
231.7
245.8

42.7
41.6
42.4

137.1
139.6
145.4

1192.2
1216.2
1224.9

4090.6
4125.5
4171.8

A PHIS AT
JUNE

72.5
72.8
73.0

241.8
240.0
252.0

43.1
45.3
46.9

149.5
154.0
159.7

1236. 5
1252.2
1259.9

4219.4
4265. 4
4311.8

JOLT
AUG.
SEPT.

73.2

262.8

47.3

162.9

1276. 8
1300. 1
1310.9

4355. 4
4393.9
4431.8

1983-SBPT^

1/

savings bonds

OP U . S . TREASOBT BILLS AID COOPOMS WITH REMAINING HATDBITIES OF LESS THAN 12 HONTHS HELD BY OTHEfi THAI DEPOSITORY
INSTITUTIONS. FEDEBAL BBSEBTE BANKS* HOME! BASKET MUTUAL FUNDS AND FOBEIGN ENTITIES.
NET OF BANKEBS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDEBAL RESEHVE BANKS, FOBEIGN OFFICIAL INSTITUTIONS, THE FEDEBAL
HOBS LOAN BANK SYSTEM AND HONEY BASKET HOTUAL FUNDS.
TOTAL COHBBBCIAL PAPER LESS COHHEBCIAL PAPEB HELD BY HONEY HABKET HUTUAL FUNDS.
DEBT DATA ABE ON A BONTHLY AVEHAGB BASIS, DEBIVED BY AVEBAGING END-OF-HONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO BEHOVE DISCONTINUITIES.
r
COHSISTS




H.6 (508)
Table 5

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

1

Currency

Travelers
checks2

Demand
deposits3

at commercial
banks4

at thrift
institutions5

Nontransactions components
total

in M2*

in M3 only

7

Overnight
RPs§

Overnight
Eurodollars9

General
purpose and
broker/dealer
money market
funds

1983-OCT.
NOV.
DEC.

145.7
147.9
150.5

4.8
4.6
4.6

24IU8
245.2
251.6

94.3
95.6
97.7

32.8
33.4
33.6

127. 1
129.0
131.3

1644.6
1654.5
1660.2

490.3
509. 1
518.4

45.3
44.9
44.6

11.7
10.3
11.4

137.5
138.8
138.2

1984-JAN.
FEB.
MAR.

148.4
148.3
149.8

4.6
4.7
4.8

249.4
237.9
239,4

99.2
97.8
99.7

33. 4
33.3
34.5

132.6
131. 1
134.2

1675.7
1690.5
1702.7

519.1
527.2
538.1

47. 1
48.1
47.0

11.5
11.4
11.3

137.8
142. 1
144.8

APE.
MAY
JUNE

151.5
152.9
154.9

4.8
5.0
5.4

247.8
241.3
247.0

102.8
99.7
101. 1

36.4
36.2
37.2

139. 1
135.9
138.3

1711.4
1718.5
1728.3

546.2
560.0
564.3

46.4
47.0
43. 9

11.1
12.1
12.6

145.9
146.5
148.9

JULY
AUG.
SEPT.

156.3
156.5
156.5

5.8
5.7
5.4

247.5
242.9
245.3

100.4
100.2
101.2

37.6
37.4
38.0

138.0
137.6
139. 1

1739.5
1745.8
1753.1

572.4
581.8
585.5

43.2
45.2
44. 1

13.7
13.6
12.7

150.5
150.5
151.9

OCT.

156.7

5.0

244.9

100.9

38.4

139.4

1770.6

597.7

44.6

12.2

155.5

WEEK ENDING:
1984-OCT.

NOV.

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

1

8
15
22
29

155.3
158.1
157.3
156.6
155.6

243.6
247.2
250.0
242. 1
238.9

98.8
102.6
102.3
100.3
98.8

37.4
39.2
38. 9
38. 1
37.5

136.3
141.8
141. 1
138.4
136.3

43.5
42.5
43.6
44.7
46.3

12.6
12.2
11.0
12.9
12.9

152.7
153.2
155.3
156.4
156.8

5
12
19 P
26 P

157.6
159.2
158.6
159.1

248.6
247.8
251.4
244.7

102.4
103.3
102.7
101.5

39. 8
39.9
39.5
38.8

142.2
143.2
142.2
140.3

49.1
48. 6
51.2
40.9

10.8
10.6
10.3
7.6

158.2
160.7
162.2
164.2

CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AND THE VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
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 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, LESS THE ESTIMATED AMOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BY 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. INCLUDES SUPER SOUS OF $33.4 BILLION IN THE WEEK ENDED NOVEMBER 12, $33.5 BILLION IN THE WEEK ENDED NOVEMBER
19, AND $33.3 BILLION IN THE WEEK ENDED NOVEMBER 26.
CONSISTS OF NOW AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE
DRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS. INCLUDES SUPER NOWS OF $12.7 BILLION IN THE WEEK ENDED NOVEMBER 12, $12.6
BILLION IN THE WEEK ENDED NOVEMBER 19, AND $12.5 BILLION IN THE WEEK ENDED NOVEMBER 26.
SUM OF OVERNIGHT RPS AND EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), MMDAS AND SAVINGS
AND SMALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES,
SUM OF LARGE TIME DEPOSITS, TERM RPS AND EURODOLLARS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY
MONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL EANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS {GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN BRANCHES OF 0. S. BANKS WORLDWIDE TO V.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/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
commercial
thrift
total
banks
institutions

at
commercial
banks

Savings deposits
at
thrift
institutions

1

total

Small denomination time deposits2
at
at
commercial
thrift
total
banks
institutions

Large denomination time deposits3
at
at
thrift
total
commercial
institutions
banks4

1983-OCT.
NOV.
DEC,

223.4
227. 1
230.0

147. 1
145. 8
145. 9

370. 5
372. 9
376. 0

135.8
133.7
132,0

180. 1
178.3
176.5

316. 0
312. 0
308, 5

343.9
348.9
351-0

427. 5
434. 2
437. 6

771. 4
783. 1
788. 6

221.7
225. 0
228.5

95. 8
98. 3
100. 7

317. 4
323. 3
329. 2

1984-JAN.
FEB.
MAR.

234.2
238.3
242.6

146. 2
147. 7
149. 9

380. 3
386. 0
392. c

131.3
129,9
130.2

176.2
175.3
177.0

307. 4
305. 2
307. 2

353.7
355.4
356.0

445. 7
450. 0
451. 6

799. 4
805. 4
807. 6

228.9
229.3
232.7

105. 7
111. 2
114. 2

334. 6
340. 5
346. 9

APE.
MAY
JUNE

245.4
244.3
244.9

151. 0
150. 2
148. 0

396. 4
394. 6
392. 9

130.5
129.9
129,7

178. 1
178. 3
178.8

308. 7
308. 2
308. 5

356.5
360.5
365.4

454. 2
457. 2
463. 7

810. 7
817. 6
829. 0

233. 4
241.3
247.0

118. 2
123. 3
128. 2

351. 6
364. 6
375. 1

JULY
AUG.
SEPT.

243.9
242.6
243.8

145. 3
141. 2
139, 6

389. 2
383. 8
383. 4

128.9
126,4
124.7

177.7
173.4
171.9

306. 7
299. 7
296. 7

370.8
377.6
381.6

473. 1
482. 6
490. 2

843. 9
860. 2
871, 9

251.5
255.6
258.7

132. 9
136. 9
136. 9

384. 5
392. 5
395. 5

OCT.

247.2

139. 6

386. 8

123.8

171.9

295. 8

383.8

499. 7

883. 5

263.0

141. 7

404. 7

WEEK

1984
OCT.

NOV.

1/
2/
3/
4/

ENDING

1
8
15
22
29

243,5
245.1
246.7
247,3
249.0

124.3
124.9
124.3
123.5
122.7

383. 1
383.8
383.8
3 83.8
383.7

261.7
262.2
262.6
263.6
264. 1

5
12
19 F
26 P

251.6
254.5
256.2
258.0

122.9
122.6
122.4
122.0

384.6
384.9
384.7
384.8

262.8
263.2
261.9
262.4

SAVINGS DEPOSITS EXCLUDE HflDAS.
SHALL DENOMINATION TIME DEPOSITS — INCLUDING RETAIL RPS — &RE THOSE ISSUED IN AMOUNTS OF LESS THAH $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS 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 (IBFS).
LARGE DENOMINATION TIMS DEPOSITS AT COMMERCIAL BANKS LZSS THOSE HELD BY MONEY MARKET MUTUAL FUNDS, DEPOSITORY
INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 5-continued

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

Institution
only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars2

Savings
bonds

Non M3 Components of L
Short-term
Bankers
treasury
acceptances4
securities3

Components of Debt
Commercial
paper8

Federal debt*

Non-Federal*
debt

42.8
43.5
43.2

30.6
35. 3
36.4

16.7
18, 1
19.6

47.3
53.4
56.0

86.8
91.7
93.4

70.7
71.0
71.3

216.4
215.7
222.7

42.9
43.3
44.7

124,8
128.0
134.1

1147.6
1158.0
1170.2

3966.8
4000.5
4048.3

43. 5
44.6
45.0

34.2
35.7
35.4

19.1
18.8
20.6

53.3
54.5
55.9

90.6
90.7
93.9

71.6
71.8
72. 1

230. 2
239.6
253. 1

43.6
42.2
42.0

137.8
139.9
143.6

1189.8
1210.7
1223.6

4086.2
4111.8
4149.5

MAY
JUNE

45.0
45.3
45.7

36.2
35.7
32.5

23.6
25.9
27.1

59.8
61.6
59.6

93.3
93.3
88.2

72.3
72.6
72.8

246.2
240.8
249.0

42.4
44,7
46.2

148.9
154.7
161.0

1235.9
1248.7
1255.8

4194.2
4243.1
4295.1

JOLT
AUG.
SEPT.

46. 1
46.2
46.9

31.4
34.3
34.9

28.2
29.1
29.7

59.6
63.4
64.7

86.7
84.6
83.3

73.0

256.0

46.5

163.9

1270.8
1295.8
1310.5

4342.2
4380.0
4421.0

OCT.

52.2

36.9

29.4

66.4

79.6

48.8
49. 1
51.3
53.0
54.9

35. 8
35.6
35.7
37.4
38.6

55.0
57.3
58.6
59.6

39.1
39.6
35.8
45.7

19 83— OCT.
NOV.
DEC.
1QRU-JRN

1 J \J ^W W t* M *•
X J-. O .

MAR.
A PR

A XT IV «

WEEK ENDING:
1984-OCL.

1
8

15
22
29
NOV.

5
12

19 P
26 P

1/
2/

IEBS EPS AbE THOSE SUTH ORIGINAL MATURITIES GREATER THAU ONE DAY, EXCLUDING CONTINUING CONTRACTS AND RETAIL « f .
TERM EURODOLLARS ARE THOSE BITH ORIGINAL HATURITIES GREATER THAN ONE DAI. CONSISTS OF THOSE ISSUED TO 0. S. RESIDENTS BY
FOREIGN BBANC0SS OF U.S. BANKS HORLDHIDE AND BY ALL BANKING OFFICES IN THE UNITED KINGDOH AND CANADA. EXCLUDES THOSE HELD

3/

5 . S S S " ? " s:S?HEASUI0RYSBILLSflANf < £ £ £

4/

11VoHS/fc^^cif

5/
6/

™ " » 3 » »

BATURITIES OF LESS THAN ,2 «ONTHS HELD BT OTHER THAN DEPOSITORY
1

I E L H Y " i c S S L S i ^ s r ^ J ? ^ ^ SS^SSSS'&XCXU XNSTITUTIONS. THE FEDERAL

HOME LOAN BANK SYSTEM AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPEfi LESS COMMERCIAL PAPEE HELD BY MONEY HARKET MUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE B A S I S , DERIVED BY AVERAGING END-OF-MONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.




H.6 (508)
Table 6

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

Date

foreign
commercial
banks

foreign
official
institutions

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

IRA and Keogh Accounts

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

time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

1983-0CT.
NOV.
DEC.

8.0
8.4
8.2

1.9
2.0
2.0

7. 1
7.2
7.1

2.7
2.7
3.0

7. 1
2.9
3.6

22.0
4.7
7.8

31.8
10.4
14.4

0.8
0.7
0.7

28.9
29.5
30. 1

37.8
38.3
39.5

5. 1
5. 1
5. 0

71.8
72.9
74.6

1984-JAN.
FEB.
MAR.

8.3
8.5
8. 1

1.8
1.9
1.9

7.0
6.8
6.9

3.1
3.1
3.0

4.7
4.5
4.0

16.5
19.2
14.5

24.2
26.8
21.5

0.9
0.9
0.9

31.0
32.7
34.7

41.0
42.8
44.6

5.2
5.5
5.7

77.3
81.0
85.0

APE.
JOKE

8.0
8.2
8. 1

1.7
1.9
1.8

7.2
7.4
7.5

3.8
2.7
3.9

7.5
4.2
3.8

12.7
10.0
8.5

24.0
16.9
16. 1

0.9
0.9
0.8

38.3
39.5
40. 1

47.6
49.2
50.0

6.2
6.3
6.2

92. 1
95.0
96.3

JULY
AOG.
SEPT.

8.2
8.0
8.0

1.8
1.8
1.9

7.3
7.5
7.6

2.8
2.9
3.4

4.0
3.6
6.2

9.0
7.5
14.1

15.8
13.9
23.7

0.8
0.8
0.8

40.6
41.4
42.0

50.7
51.0
51.7

6.2
6.3e
6.3e

97.5
98. 7e
100.Oe

OCT.

8.1

1.7

7.3

2.6

3.9

8.4

14.9

0.9

42.6

52.8

6.4e

101.7e

1
8
15
22
29

7.7
8.3
8.3
7.9
8.0

2.0
1.7
1.8
1.7
1.7

7.5
7.3
7.2
7.3
7.2

2.6
2.8
2.9
2.6
2.2

7.7
4.6
3.7
3. 1
3.8

21.7
8.6
4.1
6. 1
11.5

32.1
16.0
10.7
11.8
17.5

0.8
0.8
0.9
0.9
0.9

5
12
19 P
26 P

8.5
8.8
8.7
8.2

1.9
2.0
2.0
1.9

7.3
7.4
7.4
7.4

3.0
2.7
2.8
3.0

3.2
3.1
3.5
3.0

13.0
7.8
5.7
6.5

19.3
13.7
12.0
12.5

1.0
1.0
1.0
1.0

MAY

WEEK ENDING:
1984
OCT.

NOV.

e = estimated