Full text of H.6 Money Stock Measures : February 10, 1994

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

FEDERAL RESERVE statistical release
H.6 (508)
Table 1

^4L

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES
Billions of dollars
Date

'

For release at 4:30 p.m. Eastern Time
FEBRUARY 10, 1994

M1

M22

M33

L4

DEBT5

Seasonally adjusted
19 9 2 - F E B .
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP .
OCT.
NOV.
DEC.

9 2 7 . .3
937., 8
9 4 3 ..7
9 5 2 . ,7
954. 7
9 6 4 . ,2
976. 1
9 8 9 . ,2
1004. 2
1016. 6
1 0 2 4 .. 8

3 4 8 3 . ,6
3 4 8 6 ., 3
3481. 9
3 4 8 2 . ,1
3 4 7 7 ., 8
3 4 8 0 . .7
3489. 4
3 4 9 6 ., 6
3507 . 5
3510. 5
3509 . 0

4 2 0 3 .. 0
4 2 0 3 .. 1
4 1 9 0 . .7
41,89..9
4 1 8 3 . .7
4 1 8 6 , ,0
4 1 9 6 . .7
4 2 0 0 . ,4
419 6. . 9
4194..1
4 1 8 3 ., 0

5014..4
5028 . 6
5 0 2 5 ..4
5 0 2 1 . .7
5 0 2 6 .. 9
5 0 2 6 ..6
5041..0
5 0 5 6 .,7
5058 . 5
5 0 6 5 ..3
5057 . 1

11235 .0
1 1 2 8 4 .9
11335 .6
1 1 3 8 1 .7
11434 .8
1 1 4 9 4 .. 1
1 1 5 5 3 ,.4
1 1 5 9 7 .. 8
1 1 6 2 5 . .7
1 1 6 6 5 . .6
1 1 7 2 1 .. 1

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

1033 . 0
1035 . 4
1040. 2
1047 . 1
1067 . 7
1076. 6
1086. 8
1 0 9 5 .,3
1105. 1
1113 . 4
1122 . 4
1128. 4

3502 . 8
3494. 2
3494. 8
3498 . 0
3521. 9
3528. 7
3 534. 1
3537 . 1
3545. 6
3547 . 4
3558 . 5
3564. 5

4 1 6 2 ..4
4 1 5 6 . .0
4154.. 6
4 1 6 2 .. 0
4187 ..7
4188.. 0
4 1 8 7 . .7
4 1 8 8 . .6
4 1 9 8 . .2
4 2 0 4 . .4
4217 .,7
4228 . 3

5 0 4 0 .,9
5 0 3 7 ..6
5 0 3 8 ..6
5 0 5 5 ..9
5 0 8 8 ..7
5 0 8 9 ..3
5 0 8 5 . .7
5 0 9 5 , .9
5 0 8 9 .,1
5 0 9 7 ..1
5 1 0 9 ..1
5 1 3 0 . .9 p

1 1 7 5 7 . .8
1 1 7 8 1 . .6
1 1 8 2 1 . .3
1 1 8 6 7 . .4
1 1 9 1 2 . .7
1 1 9 7 6 ..1
1 2 0 3 3 . .4
1 2 0 8 8 . .3
1 2 1 4 1 . .9
1 2 1 7 7 . .4
1 2 2 3 9 . .5
1 2 3 1 6 . .8 p

19 9 4-JAN. p

1133 . 7

3570. 5

4 2 3 0 . ,8

Not seasonally adjusted
19 92-FER.
MAR.
APR.
HAY
JUNE
JULY
AUG.
SEP .
OCT.
NOV.
DEC.

916. 1
930.6
954.7
943 . 9
952 . 0
962 . 9
971. 0
983 . 6
1001.8
1022 . 4
1046.7

3475.2
3489.4
3498.9
3467.4
3473 . 4
3478.1
3484.1
3486.7
3504.6
3517.4
3527.6

4198.3
4208.2
4205.2
4180.2
4179.8
4180.3
4195.5
4190.0
4190.5
4203.6
4198.2

5011.4
5036.5
5035.2
5001.1
5016.7
5012.9
5032.9
5045.2
5050.3
5083.6
5087.6

11208.1
11256.9
11306.9
11348.5
11399.9
11451.8
11512.5
11564.7
11598.9
11656.8
11722.0

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

1041.0
1023 .0
1031.6
1058.7
1058.1
1073.2
1084.6
1088.8
1099.1
1111.8
1129.6
1153.8

3508.3
3484.2
3495.8
3515.2
3507.3
3524.4
3530.4
3530.0
3535.2
3545.3
3567.2
3587.1

4162.9
4149.4
4157.3
4177.3
4178.7
4184.3
4180.7
4185.3
4187.4
4198.9
4229.3
4247.7

5054.6
5032.2
5044.8
5065.3
5066.6
5078.7
5071.1
5085.7
5077.0
5089.6
5130.3
5165.8 p

11744.2
11756.5
11797.6
11840.2
11881.7
11942.7
11994.1
12051.7
12110.2
12150.4
12229.8
12317.3 p

1994-JAN. p

1143.0

3577.1

4231.7

Footnotes appear on the following page
p

preliminary




H.6 (508)
Table 2

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

M2

M3

DEBT1

1994

7 .3

2.6

2.5

5.8

1 9 9 3 TO JAN.

1994

8.6

2.1

2.1

5.7

6 M o n t h s f r o m JULY 1 9 9 3 t o JAN.

9 .7

1.9

1.6

5.1

1994

8.4

2.4

2.7

3 M o n t h s f r o m OCT.

12 M o n t h s f r o m JAN.

1 9 9 3 TO JAN.

T h i r t e e n w e e k s e n d i n g JANUARY 3 1 , 19 9 4
from t h i r t e e n weeks ending:
NOV.
1, 1993 (13 weeks p r e v i o u s )
AUG.

2,

19 93

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

9.3

2.0

1.8

FEB.

1,

1993

(52 w e e k s p r e v i o u s )

10.1

1.6

1.1

urowtn rates ror aeoi are uaseu un pei iuu=> ucyn»m iy ai
and December 1992 to December 1993, respectively.

*

nnmnlw Carttomhor 1QQ1 tn DAr.AmhAr 1 9 9 3 J une 1993 to December 1993,

Footnotes to Table 1:
1.

elillEiiS

2.

commercial p a p , , and bankers acceplances, „ « c, mcme, market

4.

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



Page 3

H.6 (508)
Table 3

MONEY STOCK MEASURES
Billions of dollars
Seasonally adjusted
M1
Period ending
19 9 3-NOV.

DEC.

199 4 - J A N .

M2

M3

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

13-week
average

8
15
22
29

4-week
average

week
average

1107.1
1109.2
1111.3
1113.4

1116.7
1118.9
1120.9
1122.4

1120.4
1121.7
1122.3
1125.1

3545.1
3546.8
3548.3
3550.2

3550.0
3553.4
3556.1
3558.7

3556.7
3560.7
3557.0
3560.4

4199.5
4201.6
4203.8
4206.4

4208.4
4212.0
4214.5
4217.9

4214.5
4219.1
4217.3
4220.7

6
13
20
27

1115.2
1117.0
1118.7
1120.6

1123.8
1125.0
1126.6
1128.1

1126.0
1126.5
1128.7
1131.0

3551.7
3553.2
3554.6
3556.1

3560.0
3561.3
3563.3
3564.2

3561.8
3566.0
3564.8
3564.1

4208.7
4211.2
4213.4
4215.6

4219.8
4222.6
4225.3
4227.5

4222.0
4230.4
4228.0
4229.4

3
10
17
2 4p
3lp

1122.2
1123.7
1125.3
1127.0
1128.3

1129.1
1130.1
1131.2
1132.5
1134.2

1130.0
1130.5
1133.2
1136.4
1136.5

3557.5
3559.2
3561.3
3563.4
3564.8

3565.3
3565.8
3568.4
3570.7
3571.2

3566.4
3567.8
3575.1
3573.3
3568.4

4217.9
4220.3
4222.8
4224.6
4226.0

4230.1
4230.3
4232.5
4232.9
4231.0

4232.4
4231.4
4236.9
4230.7
4224.8

Not seasonally adjusted
19 93-NOV i

8

1102.9
1106.0
1109.3
1113.0

1115.0
1119.8
1125.9
1129.0

1133.2
1137.3
1120.8
1124.8

3539.4
3542.4
3545.3
3548.7

3548.2
3555.2
3563.5
3566.7

3573.6
3581.6
3558.6
3553.0

4193.6
4196.8
4200.4
4204.5

4205.1
4214.1
4222.6
4229.3

4231.9
4241.0
4221.6
4222.5

20
27

1116.0
1118.8
1122.7
1128.8

1133.2
1135.9
1143.7
1151.3

1150.0
1147.9
1152.2
1155.1

3552.1
3554.8
3558.7
3563.9

3572.0
3575.5
3581.7
3586.2

3594.9
3595.3
3583.6
3570.9

4208.6
4212.4
4216.7
4222.7

4234.1
4239.9
4245.6
4248.9

4251.2
4264.4
4244.2
4235.6

3
10
17
2 4p
- 3 lp

1133.8
1137.9
1140.4
1142.5
1142.3

1157.3
1162.9
1162.5
1154.6
1138.8

1174.0
1170.2
1150.7
1123.4
1110.9

3568.2
3572.2
3575.2
3577.7
3577.4

3587.3
3590.8
3593.0
3589.5
3573.9

3599.4
3609.2
3592.6
3556.7
3537.2

4227.2
4231.2
4234.8
4236.6
4236.5

4247.0
4246.1
4248.2
4241.9
4229.5

4243 .9
4260.8
4252.5
4210.3
4194.5

15
22
29

DEC. 6
• 13

199 4 - J A N .

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

preliminary data.




Page 4

H.6 (508)
Table 4

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

Travelers checks2

Demand deposits3

Other checkable deposits
At commercial
banks4

Nontransactions components

At thrift
institutions5

Total

In M26

In M3 only7

1992-SEP.

285.5

8.1

328.0

266.5

101.1

367.6

2507.4

703.8

OCT.
NOV.
DEC.

287.5
289.5
292 .2

8.2
8.1
8.1

334.3
337.5
339.6

271.7
278.2
280.8

102.4
103.2
104.1

374.1
381.4
384.9

2503.3
2493.9
2484.3

689.5
683.5
674.0

1993-JAN.
FEB.
MAR.

294.5
297.0
299.3

8.0
8.0
8.0

341.9
342.7
344.3

283.5
283.8
284.9

105.0
103.9
103.6

388.6
387.7
388.5

2469.8
2458.8
2454.7

659.6
661.8
659.8

APR.
MAY
JUNE

301.8
304.4
307.2

8.1
8.1
8.0

349.0
358.8
362.2

284.2
290.3
292.4

104.1
106.1
106.8

388.2
396.4
399.2

2450.9
2454.1
2452.1

664.0
665.9
659.3

JULY
AUG.
SEP.

309.7
312.4
315.4

7.9
7.8
7.8

366.4
370.9
375.4

294.8
295.9
297.8

108.0
108.3
108.8

402.8
404.2
406.6

2447.3
2441.8
2440.5

653.6
651.5
652.6

OCT.
NOV.
DEC.

317.6
319.5
321.3

7.8
7.9
7.9

378.5
383.2
384.9

299.1
300.8
302.5

110.4
111.7

409.5
411.8
414.3

2434.0
2436.1
2436.1

657.1
659.2
663 . 8

1994-JAN. p

325.2

7.9

388.6

300.4

111.6

412.0

2436.8

660.3

Week e n d i n g
1993-DEC.
6
13
20
27

321.0
320.8
321.3
321.5

7.9
7.9
7.9
7.9

383.8
383.1
385.0
387.1

301.9
302 .6
302.7
303.1

111.5
112.1
111.9
111.5

413.4
414.6
414.6
414.6

2435.7
2439.5
2436.0
2433.1

660.2
664.5
663.2
665.3

322.5
323.7
324.9
326.0
327.6

7.9
7.9 e
7.9 e
7.9 e
7.9 e

385.6
384.9
389.9
390.4
390.6

302.4
303.7
298.1
299.6
2 9 7 .6

111.6

414.0
413.9
410.4
412.2
410.4

2436.4
2437.4
2441.9
2436.9
2431.9

666 .0
663.5
661.8
657.4
656.4

1994-JAN.

1.
2.
3.

Currency1

3
10
17
2 4p
3 lp

111.0

110.2
112.3
112.6
112 . 8

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 deposits. This sum is seasonally adjusted as a whole.
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. This sum is seasonally adjusted as a whole.

http://fraser.stlouisfed.org/
e
estimated
p
preliminary
Federal Reserve Bank of St. Louis

Page 5

H.6 (508)
Table 4 - continued

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

Institutiononly money
market funds

Large-denomination time deposits3

At
thrift
institutions

Total

At
commercial
banks

At
thrift
institutions

1992-SEP.

737 . 1

423.2

1160.3

527.2

383 .8

911.0

354.5

218.7

307.8

69 . 9

377 .7

OCT.
NOV.
DEC.

745.7
751.1
754.6

425.4
427.8
429.0

1171.1
1178.9
1183.6

520.7
513.4
508.7

375.5
368.8
361.8

896.2
882 .2
870.5

356.4
353.7
352.0

209.6
208.5
201.5

301.0
296.1
292.8

69.9
68.5
67.5

371.0
364.6
360.3

1993-JAN.
FEB.
MAR.

754 . 1
757 . 2
757 .2

429.8
426.5
425.3

1183.8
1183.7
1182.4

504.2
504.8
501.7

356.7
349.0
345.1

860.8
853.8
846.8

350.3
345.3
345.9

19 6 . 6
19 8 . 0
197.7

285.7
284.1
279.8

67.5
66.0
65.1

353 .2
350.1
344.8

APR.
MAY
JUNE

759 .5
766.7
771.0

426.0
428.4
429.4

1185.5
1195.1
1200.4

496.6
491.9
487.5

342.8
340.5
336.3

839.4
832.4
823.9

345.9
348.5
347.5

19 6 . 3
198.0
194.7

283.6
283.7
281.1

65.3
64.7
64.4

3 4 8 .9
348.3
345.5

JULY
AUG.
SEP.

771.7
775 .4
778 .0

430.4
430.5
430.4

12 02 . 1
12 0 5 . 9
12 0 8 . 4

483 .0
478.6
475.4

331.8
328.9
325.8

814.8
807.5
801.2

346.6
345.5
345.0

192.6
190.1
190.8

277.6
278.0
276.8

64.5
63.9
63.8

342 .1
341.9
340.6

OCT.
NOV.
DEC.

778
782
785

430.4
429.5
430.2

1208.8
1211.9
1215.5

472.4
469 .5
468.6

322 .8
320.3
316.1

795.2
789 .8
784.6

344.8
347.8
349.9

194.3
194.8
197.0

278.2
276.3
277.1

63.7
63.5
61.7

341.9
3 3 9 .7
338 .8

789 .9

430.2

1220 . 1

465.5

314.0

779.5

348.9

192.7

279 .0

61.9

340.8

785
787
785
785

.0
.0
.0
.0

429.2
428.2
430.8
431.8

1214 .2
1215.2
1215.8
1216.8

469 .5
469.2
468.5
468.0

317.6
316.6
315.9
315.4

787.1
785.8
784.4
783.4

348.6
350.6
350.1
349.4

193.5
199.9
196.8
196.3

277.7
277.5
276.8
275.7

62 . 6
61.9
61.6
61.2

340.3
339.3
338.5
336.9

784
788
794
790
789

.2
.2
.5
.4
.4

431.0
429.2
430 . 6
430.7
430.3

1215 .2
1217.4
1225.2
1221.1
1 2 1 9 .7

467.1
466.4
465.6
464.7
464.7

314.5
314.4
314.4
314.1
313.1

781.6
780.8
780.0
778.8
777.8

351.1
351.5
349 .3
348.5
345.5

198.7
192.7
192.3
191.5
192.0

277.8
279.1
280.7
280.6
276.1

61.5
61.6
61.8
62 . 0
62.3

339.3
340.7
342.5
342.6
338.3

Week e n d i n g
1993-DEC.
6
13
20
27
199 4 - J A N .

3
10
17
2 4p

3 lp

3.
4.

General
purpose and
broker/dealer
money
market funds

At
commercial
banks

1994-JAN. p

1.
2.

Small-denomination time deposits2
Total

At
commercial
banks4

At
thrift
institutions

Total

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.

p
preliminary



Page 6

H.6 (508)
Table 4 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Non-M3 Components of L

Date
Savings bonds

1.

Short-term Treasury
securities1

Bankers acceptances2

Debt components4
Commercial paper3

Federal debt

Non-Federal debt

1992-SEP.

149.7

324.0

20.7

361.9

3012 .9

8584.9

OCT.
NOV.
DEC.

152.1
154.6
156.6

324.1
326.6
332.5

20.6
20.3
20.6

364.8
369.7
364.3

3015.3
3033.4
3068.4

8610.4
8632.2
8652.7

1993-JAN.
FEB.
MAR.

158.7
160.8
162.4

338.2
341.4
340.5

20.6
20.0
19 . 4

361.0
359.4
361.7

3078.7
3090.8
3121.1

8679.1
8690.8
8700.1

APR.
MAY
JUNE

163.6
164.7
165.9

343.7
345.1
345.9

19.3
19.2
18.5

367.3
371.9
371.0

3149.0
3175.8
3208.1

8718.5
8736.9
8768.0

JULY
AUG.
SEP.

167.1
168.2
169.2

343.4
342.9
327.3

17.4
16.5
16.4

370.2
379.6
378.0

3227 .6
3251.1
3270.4

8805.9
8837.3
8871.5

OCT.
NOV.
DEC. p

170.1
170.8
171.7

322.0
320.8
328.4

16.4
16.1
16.3

384.3
383 .8
386.2

3266.3
3291.2
3327.6

8911.1
8948.3
8989.2

2.
34.

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
3
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)
Table 5

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

Date

4.
5.
6.
7.
8.
9.

Demand
deposits3

Other checkable deposits

Nontransactions components

At commercial
banks4

At thrift
institutions5

Total

In M26

In M3 only7

Overnight RPs8

Overnight
Eurodollars9

1992-SEP.

284.6

8.5

325.9

264.1

100.5

364.6

2503.1

703.3

63.1

17.7

OCT.
NOV.
DEC.

286.9
290.0
295.0

8.4
7.9
7.8

336.4
343.9
355.1

268.4
277.0
284.3

101.7
103.6
104.6

370.1
380.6
388.9

2502.8
2494.9
2480.9

685.9
686.2
670.5

62.1
60.0
59.3

19.9
20.9
21.3

1993-JAN.
FEB.
MAR.

293.5
295.3
297.9

7.8
7.7
7.8

345.9
334.3
336.5

289.4
284.2
286.5

104.4
101.5
103.0

393.8
385.7
389.5

2467.3
2461.2
2464.1

654.6
665.2
661.5

60.0
60.7
62.7

17.8
17.0

APR.
MAY
JUNE

301.3
304.4
307.4

7.8
7.9
8.2

350.5
352.0
359.6

291.9
287.6
290.6

107 .3
106.2
107.5

399 .2
393.8
398.0

2456.4
2449.2
2451.3

662.1
671.4
659 .9

62.5
61.7
64.8

14.7
13.5
13.7

JULY
AUG.
SEP.

311.0
312.8
314.8

8.4
8.4

8.2

365.9
367.9
373.1

290.9
292.1
295.0

108.5
107 .7
108.0

399.3
399.7
403.0

2445.7
2441.2
2436.1

650.4
655.3
652.2

67.8
67.5
70.6

13.5
14.7
14.9

OCT.
NOV.
DEC.

317.3
319.8
324.9

8.0
7.7
7.6

381.2
391.2
402.7

295.6
299.5
306.2

109.8
111.4
112.4

405.3
410.9
418.6

2433.6
2437.6
2433.3

653.6
662.1
660.6

70.8
71.4
71.4

17.2
17.4
17.5

199 4 - J A N . p

324.0

7.7

393.4

306.7

111.2

417.9

2434.2

654.5

74.0

17.3

Week e n d i n g
1993-DEC.
6
13
20
27

321.9
323.0
325.2
328.3

7.6
7.6
7.6
7.7

398.7
397.9
401.7
404.7

306.4
305.7
306.4
304.7

115.4
113.6
111.3
109 .7

421.8
419.4
417.6
414.4

2445.0
2447.4
2431.5
2415.8

656.3
669.1
660.6
664.7

76.3
73.4
70.4
64.6

17.5
17.3
17.8
16.9

325.3
324.9
324.1
323.2
322.9

7.7
7.7
7.7
7.7
7.6

417.3
404.2
398.4
381.8
378.0

310.8
318.3
307.8
302.4
295.1

112.8
115.2
112.6
108.4
107.3

423.6
433.4
420.4
410.8
402.4

2425.4
2439.0
2441.9
2433.3
2426.3

644.5
651.6
659 .9
653 .6
657.3

74.2
73.2
72.7
74.6
7 5.5

18.2

1994-JAN.

1.
2.
3.

Travelers
checks2

3
10
17
2 4p
3lp

e
e
e
e

16.1

17.5
16.7
16.9
17.8

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
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.
Consists of overnight and continuing contract RPs issued by all depository institutions to other than depository institutions and money market mutual funds (general purpose and broker/dealer)
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).

estimated
Digitizedefor FRASER


p

preliminary

H.6 (508)
Table 5 - continued

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

Institutiononly money
market funds

Large-denomination time deposits 3

At
thrift
institutions

Total

At
commercial
banks

At
thrift
institutions

Total

422 . 6

1158.5

528.4

384.7

913.0

350.7

214.6

308.8

70.2

378.9

OCT.
NOV.
DEC.

745.0
752.5
752.9

425.1
428.6
428.1

1170.1
1181.1
1181.1

521.6
512.7
507.8

376.1
368.3
361.2

897.7
881.1
869.0

353.0
351.9
350.2

204.3
207.4
200.4

300.7
296.4
291.7

69.9
68.6
67.2

370.6
365.0
358.9

1993-JAN.
FEB.
MAR.

750.2
754.0
758.5

427.5
424.7
426 .0

1177.7
1178.7
1184.5

504.4
504.7
501.3

356.8
349.0
344.8

861.3
853.6
846.1

350.6
351.2
354.8

200.5
208.4
201.1

282.8
282.5
279 .7

66.8
65.7
65.0

349.6
348.2
344.8

APR.
MAY
JUNE

761.9
767.2
773.6

427 .4
428.6
430.9

1189.3
1195.8
1204.5

496.1
490.7
487.1

342.4
339.7
336.0

838.5
830.5
823.0

351.4
347.7
345.2

195.6
199.7
191.0

282.8
285.9
283.0

65.1
65.2
64.8

347.8
351.1
347.8

JULY
AUG.
SEP.

773.6
776.0
776.7

431.4
430.8
429 .7

1205.0
1206.9
1206.4

483.9
479.6
476.7

332.5
329.6
326.7

816.4
809.2
803.4

343.0
343.0
340.8

188.6
190.1
187.5

277.3
279.8
277.8

64.4
64.3
64.0

341.8
344.0
341.8

OCT.
NOV.
DEC.

777.7
784.0
783.8

430.0
430.4
429 .3

1207.7
1214.4
1213.2

473.3
468.8
467.6

323.4
319.8
315.4

796.7
788. C
783.0

341.1
345.8
348.3

189.2
194.0
195.8

277.9
276.6
276.0

63.7
63 . 5
61.4

341.6
340.1
337.4

1994-JAN. p

785.9

428.0

1213.9

465.6

314.1

779.7

349.3

196.2

276.0

61.2

337.2

Week e n d i n g
1993-DEC.
6
13
20
27

787.4
790.8
782.1
778.3

430.5
430.2
429 .2
428.1

1217.9
1221.0
1211.3
1206.4

468.7
468.2
467.2
466.8

317.0
315.9
315.0
314.6

785.7
784.1
782.3
781.5

347.6
351.6
349.7
346.4

191.9
201.2
196.9
196.2

277.2
277.2
275.3
274.3

62.4
61.8
61.3
60.8

339 .7
339.0
336.5
335.1

779.4
788.7
792.3
784.1
781.2

428.3
429 .5
429 .4
427 .3
425.8

1207.7
1218.3
1221.7
1211.4
1206.9

466.8
466.8
465.7
464.7
464.7

314.4
314.6
314.5
314.0
313.0

781.2
781.4
780.3
778.7
777.7

344.2
348.6
350 .7
351.7
348.3

189.4
189.4
197.3
197 .7
203.3

275.4
277 .0
278.1
277 . 1
271.9

61.0
61.1
61.2
61.2
61.3

336.4
338.1
339 .3
338.3
333.2

1994-JAN.

3.
4.

General
purpose and
DroKer/ueaier
money
market funds

At
commercial
banks
735.9

1992-SEP.

1.
2.

Small-denomination time deposits 2

3
10
17
2 4p
31p

At
commercial
banks 4

At
thrift
institutions

Savings deposits include m o n e y market deposit accounts.
S m a l l - d e n o m i n a t i o n t i m e d e p o s i t s — i n c l u d i n g retail R P s — a r e t h o s e i s s u e d in a m o u n t s of less 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 a n d thrifts are s u b t r a c t e d f r o m s m a l l t i m e d e p o s i t s .
L a r g e - d e n o m i n a t i o n t i m e 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 m o r e , e x c l u d i n g t h o s e b o o k e d at i n t e r n a t i o n a l b a n k i n g facilities.
L a r g e - d e n o m i n a t i o n t i m e 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 h e l d b y m o n e y m a r k e t m u t u a l f u n d s , d e p o s i t o r y i n s t i t u t i o n s , U.S. g o v e r n m e n t , a n d f o r e i g n b a n k s
a n d official i n s t i t u t i o n s .

p FRASER
preliminary
Digitized for


Total

Page 9

H.6 (508)
Table 5 - continued

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

At commercial
banks

At thrift
institutions

Total

Term
Eurodollars2

1992-SEP.

58.1

19.7

77.8

49.4

149.2

322.6

20.2

363.2

2993.9

8570.8

OCT.
NOV.
DEC.

59.8
61.5
61.1

20.1
20.3
20.0

79.9

81.8
81.1

48.1
47.2
45.6

151.8
154.4
156.4

323.0
334.4
345.3

20.4
20.8
21.4

364.7
370.4
366.3

2998.1
3028.3
3069.8

8600.8
8628.5
8652.2

1993-JAN.

21.0
22.1
22.3

80.1
82.3
86.0

43.5
46.7
49.8

158.6
161.0
162.9

343.9
342.6
344.0

21.4
20.2
18.9

367.7
359.1
361.7

3076.2
3087.3
3121.4

8668.1

MAR.

59.1
60.2
63.7

APR.
MAY
JUNE

65.9
66.6
70.2

22.9
23.2
22.6

88.9
89.8
92.8

48.7
48.7
45.5

164.2
165.2

166.1

335.2
336.8
340.2

18.7
19.1
18.5

369.9
366.8
369.7

3142.9
3161.1
3188.9

8697.3
8720.7
8753.8

JULY
AUG.
SEP.

72.9
72.5
72.0

23.6
24.0
24.4

96.5
96.5
96.4

41.9
44.1
45.2

167.0
167.8
168.7

338.9
341.6
325.3

17.4
16.2
15.9

367.1
374.7
379.8

3201.8
3229.4
3251.9

8792.4
8822.3
8858.2

OCT.
NOV.
DEC.

71.2
70.0
70.5

23.9
24.5
24.9

95.1
94.5
95.5

45.4
50.2
48.0

169.6
170.6
171.4 p

320.1
328.5
341.0 p

16.2
16.5
17.0 p

384.7
385.3
388.7 p

3249.4
3287.0
3329.5 p

8901.0
8942.8
8987.8 p

65.5

25.1

90.6

46.3

1994-JAN. p

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

Debt components6

Non-M3 Components of L

1993-DEC.

6
13
20
27

67.8
71.2
70.0
75.0

25.4
24.6
24.7
25.2

93.2
95.8
94.7
100.1

48.0
48.5
48.5
49.1

1994-JAN.

3
10
17
24p
31p

66.6
66.5
66.2
64.2
64.7

24.6
25.3
25.4
25.2
24.8

91.3
91.8
91.6
89.4
89.5

44.0
48.0
47.2
44.4
46.8

Savings bonds

Short-term
Treasury
securities3

Bankers
acceptances4

Commercial
paper5

Federal debt

Non-Federal
debt

8669.2
8676.2

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, 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



H.6 (508)
Table 6

Page 10

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

Time and

U.S. government deposits

Foreign
commercial
banks

Foreign
official
institutions

deposits due
to foreign
banks and
official
institutions

1992-SEP.

8.5

1.7

7.8

5.4

10.6

23.2

OCT.
NOV.
DEC.

8.5
8.4
9.0

1.7
1.6
1.6

8.1
8.9
9.6

4.1
4.1
5.2

5.8
5.5
6.0

1993-JAN.
FEB.
MAR.

8.7
8.7
8.3

1.4
1.5
1.6

10.1
10.3
10.5

6.1
4.3
4.2

APR.
MAY
JUNE

7.8
8.3
8.2

1.7
1.6
1.6

10.8
11.1
11.5

JULY
AUG.
SEP.

8.5
8.1
8.5

1.7
1.6
1.5

OCT.
NOV.
DEC.

8.3
8.3
9.2

Date

Demand
deposits at
commercial
banks

Balance
at
Federal
Reserve

IRA and Keogh Accounts
Time and
savings
deposits at
commercial
banks

At
commercial
banks

hsSLs

39.2

2.5

147.6

126.7

43.0

317.2

17.7
12.4
14.3

27.6
21.9
25.5

2.5
2.7

147.6
147.2
147.2

126.2
125.6
124.9

44.6
46.2
45.4

318.4
318.9
317.4

7.7
5.9
5.4

27.0
25.2
13.2

40.8
35.4

147 . 2
146 . 9
147 . 7

123 .7
122 .6
121 .2

44 . 6
45 .6
45 . 6

315 .6
315 . 1
314 .4

5.8
4.2
5.4

6.2
5.8
8.1

14.5
16.1
21.1

26.1

2.6

34.6

3.0

148 . 0
146 . 9
146 . 5

119 . 8 e
119, . 1 e
118. .5 e

45, . 1 e
46. .0 e
46. .7 e

313 .0 e
312, . 0 e
311. .7 e

11.5
11.1
10.8

4.2
3.8
5.5

6.9
5.7
9.3

21.4
20.0
23.2

32.5
29.5
37.9

2.8
2.8

146 . 4
146. . 1
145. .8

1 1 7 . .7 e
1 1 6 . .5 e
115. 6 e

47. .3 e
47. .4 e
4 7 . .5 e

3 1 1 . .4 e
3 0 9 . .9 e
3 0 8 . .8 e

1.6
1.8
1.6

10.6
10.6
10.6

4.5
4.0
5.2

5.9
5.6
6.7

12.6
8.8
16.2

23.1
18.4

28.1

2.7
2.7

2.6

145. 2
1 4 4 . ,6
144. 2

115. 8 e
116. 2 e
115. 6 e

47. 6 e
48. 3 e
48. 7 e

308. 6 e
309. 1 e
308. 5 e

8.6

1.6

10.6

5.7

7.3

25.2

38.2

2.1

143. 9

114. 2 e

49. 0 e

307. 1 e

6
13
20
27

8.8
8.2
9.3
10.9

1.6
1.5
1.6
1.5

10.6
10.6
10.6
10.6

4.3
3.6
8.5
4.0

5.0
4.7
7.3
8.1

12.0
1.3
13.9
27.5

21.3
9.6
29.8
39.6

2.7
2.7

2.6
2.6

3
10
17
24p
31p

8.7
8.9
8.6
8.7
8.1

1.8
1.7
1.6
1.7
1.5

10.6
10.6
10.6
10.6
10.6

6.4
4.3
5.5
7.7
4.8

9.5
4.7
4.9
8.0
10.8

32.6
20.7
22.8
20.4
34.0

48.5
29.7
33.1
36.1
49.6

2.3
0.9
2.5
2.5
2.3

1994-JAN. p

Note
balances at
depository
institutions

Total
cash
balance

22.8
26.5

2.6
2.0
2.5
2.4
1.5

3.1

W9e% ending
1993-DEC.

1994-JAN.

e
p

estimated
preliminary




5

Total