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FEDERAL RESERVE statistical release
For Release at 4:10 p.m. EST

H.6 (508)
Table 1

FEB. 12, 1982

MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally adjusted unless otherwise noted
Addenda:

M1

Date

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

Overnight RPs
at commercial
banks plus
overnight
Eurodollars2
NSA

M2

M1 plus
overnight RPs and
Money market
Eurodollars, MMMF
mutual fund
balances (gen. pur.
balances
and broker/dealer),
(general purpose
and broker/dealer)
and savings
and small
NSA
time deposits3

M3
M2 plus large
time deposits,
term RPs
and institution
-only MMMF
balances4

L
M3 plus other
liquid assets5

424.4

35.2
36.5

65,8
75.1
85.3

1665.6
1678,1
1701.0

1984.1
2001.8
2023-9

2397.3
2418.2
2438.1

JUNE

433.3
429.2
428.4

36.8
40.9
42.9

95.8
98.6
102.8

1723.1
1732.3
1740.7

2046-2
2065.1
2082,0

2455.5
2483.1
250b.6

JULY
AUG.
SEPI.

429.4 C
431.1 C
431.2

42.3
43.1
39.6

112.7
122. 1
130.4

1753.6 C
1772.2 C
1778.1

2102.4 C
2125.8 C
2138.0

2530.4 C
2559.7 C

CC i .
NJV.
C£C.

432.9
436.4
440.8

36.2
37.0

137.1

38.1

144.6
150.8

1789.3
1809.6
1822.2

2151.0
2174.4
2187.5

448.4

43.2

154.4

1839.3

2203.3

27 P

447.7
450.5
448.9
447.4

40.8
42.7
42.9
45.4

151.2
154.1
155.2
155.9

3 ?

449.7

44.0

155.7

1961-JAN.
Fio.
MAR.

417.9
419.4

APR.
MAY

1962-JAN. P

35.8

2577.3
2598.2

WEEK ENDING:
1982-JAK.

6
13
20

FEB.

1/

AVI.P.AGES OF DAILY FIGURES FOR (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 THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL
INSTITUTIONS LESS CASH H E W S 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
SEKVIC^ (ATS) ACCOUNTS Ai BAfcKS AND THRIFT INSTITUTIONS, CREDIT UNION SHARE DRAFT ACCOUNTS (CUSD), AND
DEilAND DEPOSITS AI THRIFT INSTITUTIONS. THE CURRENCY AND DEMAND DEPOSIT COMPONENTS EXCLUDE THE
ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY THRIFT INSTITUTIONS 10 SERVICE
THEIR OCD LIABILITIES.
Z/ OVERNIGHT (AND CONTINUING CONTRACT) EPS ARE THOSE ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY
INSTITUTIONS AND MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BfiOKER/DEAIEB), AND OVERNIGHT
EURODOLLARS ARE THOSE ISSUED BY CARIBBEAN BRANCHES OF MEMBER BANKS TO U.S. RESIDENTS OTHER THAN DEPOSITORY
INSTITUTIONS AND MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
3/ INCLUDES SAVINGS AND SAKLL DENOMINATION TIME DEPOSITS (TIME DEPOSITS -- INCLUDING RETAIL RPS — IN aMCUNIS
OF LESS THAN $100,000) ISSUED BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS. M2 WILL D1FFEB FROM THE SUM OF
COMPONENTS PRESENTED IN SUBSEQUENT TABLES EY A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMAIED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY IHRIFT INSTITUTIONS TO SERVICE TIME AND SAVINGS DEPOSITS.
4/ INCLUDES LARGE DENOMINATION TIME DEPOSITS ISSUED BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS IN AMOUNTS OF
$100,000 OR MOPE, LESS HOLDINGS uF DOMESTIC BANKS, THRIFT INSTITUTIONS, THE U.S. GOVERNMENT, MONEY MARKET
rtJ^UAL FUNDS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. M3 WILL DIFFER FROM THE SUM OF COMPONENiS PRESENTED
IN SUBSEQUENT TABLES BY A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS HELD
JY INSTITUTION-ONLY MONEY MARKET MUTUAL FUNDS.
5/ OTHER LIQUID ASSETS INCLUDE TBS NONBANK PUBLIC'S HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TREASURY
SECURITIES, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND TERM EURODOLLARS NET OF MCNEY MARKET MUTUAL FUND
HOLDINGS OF THESE ASSETS.
NJiE: P INDICATES PRELIMINARY DATA. SPECIAL CAUilON SHOULD BE TAKEN IN INTERPRETING WEEK-TO-WEEK CHANGES IN
MONEY SUPPLY DATA, WHICh ARE OFTEN HIGHLY VOLATILE AND SUBJECT TO REVISION IN SUBSEQUENT WEEKS AND
MONTHS. PRELIMINARY DATA AR2 SUBJECT TO-WEEKLY REVISIONS UNTIL THEY APE FINAL.
C - CORRECTED




H.6(508)
Table 1A

MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonally adjusted
Addenda:

M1

Date

Sum of currency,
travelers checks,
demand deposits
and othor

checkable
deposits1

Overnight RPs
at commercial
banks plus
overnight
Eurodollars2
NSA

M2

M3

M1 plus
M2 plus large
overnight RPs and
Money market
Eurodollars, MMMF time deposits,
mutual fund
term RPs
balances (gen. pur.
balances
(general purpose and broker/dealer), and institution
- o n l y MMMF
and savings
and broker/dealer)
balances4
and small 3
NSA
time deposits

L

M3 plus other
liquid assets5

1981-JAN.
FEB.
MAS.

422.0
410.1
416.7

35.8
35.2
36.5

65.8
75.1
85.3

1672,1
1672.3
1696.8

1994.8
2001.2
2023.9

2409.1
2423.5

APR.

436.0
423.2
427.6

36.8
40.9
42.9

95.8
98.6
102.8

1729.1
1723.8
1739.0

2052.7
2055-6
2076.3

2464.2

JULY
AUG.
SZ?±.

432. 1
430.4 C

42.3
43.1

39.6

1756.0 C
1766.7 C
1775.6

2098.3 C
2115.3 C
2132.2

2522.0 C

431.5

112.7
122.1
130.4

OCT.
NOV.
DEC.

434.5
439.7
451.1

36.2
37.0
38.1

137.1
144.6
150.8

1793.1
1809.3
1828.9

2152.4
2175.3
2199.3

2596.7

453.3

43.2

154.4

1847.2

2216.1

6
13
20
27 P

473.1
462.6
452.6

40.8
42.7

436.5

42.9
45.4

151.2
154.1
155.2
155.9

3 P

441.5

44.0

155.7

MAY

JUNE

1*6*-JAN. P
«S3K

ENDING:

1982-JAN.

FSB.

NJIr,:

SEE TABLE 1 FOB FOO1NOIES.




2441.6

2476.3
2501.8
2544.1 C

2568.4

H.6(508)
Table 2

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

Date

M1

M2

M3

JAN. FROM:
OCT.

1981

(3 MONTHS PREVIOUS)

14.3

11.2

9.7

JULY

1981

(6 MONTHS PREVIOUS)

8.8

9.8

9.6

JAN.

1981

(12 MONTHS PREVIOUS)

7.3

10.4

11,0

FOUR WEEKS ENDING: FEB. 3, 1982
PROM FOUR WEEKS ENDING:
HOV.

4, 1981 (13 WEEKS PREVIOUS)

14.4

AUG.

1981 (2b WEEKS PREVIOUS)

9.3

FEB.

<*, 1981 (52 WEEKS PREVIOUS)

7.4




H.6 (508).
Table 3

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

Currency1

Date

Travelers
checks2

Demand
deposits3

NSA

mi-JAN.

116.3
117,2

4.2

SmaTdenomination c
time deposits7

Savings deposits
Other
Overnight Overnight
checkable
RPs5
Euro4
deposits
dollars6
NSA

at
commercial
banks

at
thrift
institutions

total

at
commercial
banks

at

thrift
institutions

total

Money market
mutual fund balances8
general
purpose institution
and broker/
only
dealer

254.1
.244.8
243.0

43.2
53.3
59.5

30.6
30.4
31.9

5.2'
4.9
4.6

176,6
173.5
173.6

207.9
205.0
204.9

384. 5
378. 5
378. 5

306.3
310.5

466. 1
469. 3
471. 5

768. 1
775.7
782. 0

65.8
75.1
85.3

15.0
17.3
20.2

173.3
170.9
168.0

205.5
202.6
198.8

378. 8
373. 5
366. 8

313.5
318.5
324.2

470. 6
477. 3
4 8 1 . .3

784. 1
795. 8
805.5

95.8
98.6
102.8

21.3
19.5
20.1

302.0

MAR.

117.8

4.2
4.2

APE.

4.2
4.2
4.2

243.5
240.4
237.7

66.5
65.2
66.7

31.8
34.5
36.5

5.0
6.5

JUNE

119.1
119.4
119.7

JULY
AUG.
SEPT.

120.5
120.7
121. 1

4.2
4.3
4.3

236.7
236.6
234.7

68.1C
69.5C
71.2

35.4
35.3
32.7

6.9

7.8
6.9

165.0
160.5
157.5

196.0C
190.4C
185.6

3 6 1 . OC
350. 9C
343. 1

329.3
339.2
345.9

484. 7
491. 6
493. 8

814. 0
830. 8
839. 7

112.7
122.1
130.4

21.6
23.3
26.6

OCT.
NOV.
DEC.

121.3
121.8
123.1

4.3
4.3
4.3

235.7
235.7
236.4

71.6
74.7
77.0

30.2
30.4
31.4

5.9
6.5
6.7

155.3
156.4
157.0

184.3
184.5
186.6

339. 6
340. 9
343. 5

352.3
357.3
357.2

497. 5
499. 4
497. 4

849. 8
856. 7
854. 6

137.1
144.6
150.8

29.4
32.0
33.7

123.8

4.3

239.1

81.2

35.7

7.5

158.9

189.9

348. 7

357.8

493. 4

851. 2

154.4

32.5

HAY

1982-JAN. P

6.4

WEEK ENDING :
1982-JAN.

6
13
20
27 P

123.9
123.4
123.8
124.2

243.7
2M1.2
237.6
236.5

75.7
81.5
d3.1
82.4

33.3
35.2
35.8
37.5

7.5
7.5
7.1
7.9

158.4
159.0
158.9
159.0

356.3
357.2
357.9
358.6 |

151.2
154.1
155.2
155.9

33.2
32.7
33.0
31.9

PEB.

3 P

124.5

237.5

83.4

36.7

7.3

159.2

359.2

155.7

31.2

1/

CURRENCY OUTSIDE THE U.S. TREASURY, F.R. BANKS AND VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED AMOUNT OF VAULT
CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
2/ OUISTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSUERS.
3/ DEMAND DEPOSITS AT COMMERCIAL BANKS AND FOREIGN RELATED INSTITUTIONS OTHER THAN THOSE DUE Tu DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUIIONS LESS CASH HEMS IN THE PROCESS OF COLLECTION AND F.B. FLOAT. EXCLUEES THE
ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INS1I1U1IONS TO SERVICE THEIR CCD LIABILITIES,
4/ INCLUDES ATS AMD NOW BALANCES AT ALL DEPOSITORY INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND DEMAND DEPOS11S AT THRIFT
INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS DEMAND DEPOSITS PLUS OCD SEASONALLY ADJUSTED LESS DEMAND
DEPOSITS SEASONALLY ADJUSTED.
5/ IITCLODjgS OVERNIGH1 AND CONTINUING CONTRAC1 RPS ISSUED BY COMMERCIAL BANKS TO OTHEK THAN DEPOSITORY INSTITUTIONS AND MONEY
MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER^.
6/ ISSUED BY CARIBBEAN BRANCHES OF U.S. MEMBER BANKS TO U.S. RESIDENTS O1HER THAI DEPOSITORY INSTITUTIONS AND MONEY MARKET MUTUAL
FUNDS.
7/ SMALL DENOMINATION TIME DEPOSIiS — INCLUDING RETAIL BPS — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000.
8/ NOT SEASONALLY ADJUSTED.
C - CORRECTED




H 6 (508)
Table 3—continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions OT collars, seasonally aa usiea umess otnerwise notea
Large denomination time df oositsl
Date
at commercial
at thrift
banks2
institutions
total

161.1
163.6
161.9

32.6
33.3

236.2

47.4
49. 1
49.4

267.6
278.4
285.6

28.2
29.1
30.0

8.5
8.6
8.8

36.7
37.7
38.8

52.6
57.0
57.9

70.3
70.0
69.7

157.6
158.2
160.3

34.6
35.6
36.4

100.3

243.1
248. 6
249.9

50.0
51.3
5^.5

293.1
299.9
302.3

28.4

8.8
7.5
7.6

37.2
33.4

58.7

25.8
26.2

61.0
61.2

69.4
68.9
68.4

161.8
164.1
168.1

37.2
37.4
37.6

100.9
102.5
103.9

249.0
24b.S
^46.0

53. J
53.7
54 . 4

302.2
300.6
300.4

25.6
27.8
27.1

7.8
7.8
8.3

33.4
35.6
35.4

61.6

67.9

176.0

37.2

104.4

248.2

55.5

303.7

24.0

8.5

32.5

222.8

P

46.5
46.6
47.0

*

33.8

71.7

32.4

97.7
97.0
96.1
94.2
97.2

ENDING:

1982-JAN.

6
13
20

27 P
FEB.

7/

Commercial
paper7

71.0
70.6

OCT.
NOV.
DEC.

6/

Bankers
acceptances*}

50.2
52.2
52.2

JULY
AUG.
SEPT.

5/

NSA

Short-term
Treasury
securities^

39.2
3d. 1
36. 1

220.2
22*.3

±/
3/
4/

NSA

Savings
bonds

8.3
7.9
3.0

APR.
MAY
JUNE

1/

total

Term
Eurodollars
(net)4

30.9
30.2
28.1

221.0
225.2

1^82-JAN.

Term RPs3
at thrift
institutions
NSA

267.5
^71.7
269.8

1981-JAN.
F£B.
3AR.

WEEK

at commercial
banks
NSA

248.9
247.5
247.1
248.6

25.6
23.9
23.2
23.8

3 P

250.7

23.5

LARGE DENOMINATION TIME DiPOSIIS ABE THOSE ISSUED IN AMOUNTS CF $100,000 OK MORE, EXCLUDING THOSE BOOKED AT INTEHNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARK2T MUTUAL FDNDS AND THRIF'i INSTITUTIONS.
TERM RPS ARE THOSE tflTh ORIGINAL HA1URIIY GREATER THAN ONE DAY, EXCLUDING CONTINUING CONTRACTS AND BETAIL RPS.
TERM EUhODOLLARS ARE THOSE KITH ORIGINAL MATURITY GREATER THAN ONE DAY NET OF TERM EURODOLLARS HELD BY U.S. RESIDENTS OTHER
THAN DEPOSITORY INSxITUIIONS AND MONEY MARKET MUTUAL FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY OTHER THAN DEPOSITORY INSTITUTIONS, F.R. bANKb, AND MONEY dAfiKti MUTUAL FUNDS.
Ni.T OF EANKE3S
ACCEPTANCES HELD BY ACCEPTING BANKS, F.F. BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND MONEY MARKE1 MU1UAL FUNDS.
iOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD 3Y MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 3A

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

Osmund deposits
Date

Currency

1

Travelers
checks2

at member
banks3

«t domestic
nor? member
banks 4

at foreignrelated
banking
offices
in th» U.S.5

total 6

at
commercial
banks 7

at thrift
institutions6

total

Overnight
RPs(net)9

Overnight
Eurodollars10

MAE.

115.6
113.7
116.7

4.0
4.0
4.0

162.7
147.6
146.8

87.d
82.5
82.1

6.5
8.5
9.2

258.8
238.5
237.9

35.7
43.0
48.0

8.0
9.0
10.0

43.6
52.0
56.1

30.6
30.4
31.9

5.2
4.9
4.6

APR.
HAY
JUNE

I1o.3
119.2
119.7

4.0
4.1
4.3

152.9
144.6
145.8

83.8
62.8
82. 1

b.4
8.7
8.8

246.8
235.9
237.0

54.9
52.5
54.3

11.9
11.6
12.2

66.8
64.1
66.4

31.8
34.5
36.5

5.0
6.5
6.4

JULY
AUG.
SEP1.

121.3
121.3
120.8

4,7
4.7
4.5

147.6
145.4
145.6

82.1
81.0
81.1

6,1
8.5
6.2

237.6
234.7
234.6

55.7
56.5
58.1

12.9C
13.2C
13.6

68. 6C
69.7C
71.7

35.4
35.3
32.7

6.9
7.8
6.9

OCT.
HOV.
DEC.

121.2
122.9
125.4

4.3
4.1
4.1

151.9
152.4
156.8

80.8
81.4
82.6

4.2
4.0
4.1

236.6
237.5
243.3

58.5
60.6
63.3

13.9
14.6
15.1

72.4
75.2
78.4

30.2
30.4
31,4

5.9
6.5
6.7

123.2

4,1

157.4

82.5

3.9

243.4

66.9

15.6

82.6

35,7

7.5

1981-JAh.

1982-JAN. P
WEEK

HUDIHG:

1982-JAN.

6
13
20
27 P

125.3
123.8
122.9
121.9

170.1
162.2
155.8
148.8

87.4
84.7
82.8
77.7

4.2
3.7
3.6
3.8

261.3
250.1
241.9
230.1

66.7
68.5
08.O
65.3

15.8
16.0
15.7
15.2

82.5
84.5
83.7
80.4

33.3
35.2
35.8
37.5

7.5
7.5
7.1
7.9

FEB.

3P

122.2

151.5

78.8

4.2

234.2

65.6

15.*;

81.0

36.7

7.3

1/

CUfiBENCY OUTSIDE TH& U.S. 1REASU&Y, F.fi. BANKS AND THE VAULTS OF COMMERCIAL bkHKS.
EXCLUDES THE ESTIMATED AMOUNT OF VAULT
CASH HELD BY THBIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
2/ OUTSTANDING AMOUNT OP U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONbANK ISSUERS.
J/
DEflAND DEPOSITS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS
CASH H E M S Ih ihZ PROCESS OF COLLECTION AND F.R. FLOAT AT MEMBER BANKS OF THE FEDE&Ai. RESERVE SYSTEM.
4/
DEMAND DEPOSIIS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVEHMliLNT AND FOREIGN BANKS AMD OFFICIAL INSTITUTIONS LESS
CASH ITEMS IN THE PfeOCiiSS OF COLLECTION AT NONHEMBfcfi BANKS.
5/ DEPOSITS AS DESCRIBED IN fOOlNCxF 4 Al AGENCIES AND BRANCHES OF FOREIGN BANKS, EDGE ACT CORPORATIONS AMD FOREIGN INVESTMENT
COMPANIES.
6/
i^UALS SUM OF THfvEE PREVIOUS COMPONENTS LESS THfc ESTIMATED AMOUNI OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BY THfilFT
INSTITUTIONS 10 SERVICE iriEIfi OCD LIABILITIES.
7/ NOW AUD ATS BALANCES AT COMMERCIAL BANKS.
8/ NO* ? J ATS BALANCES Ax SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHAB2 D&AFT BALANCES, 4ND
-D
D*,aAN& DEPOSIIS A'A THKIFIS.
3/ INCLUDES OVERNIJnT AND C O M I N U I N G CONTRACT K?S ISSUED BY COMMERCIAL BikNKS TO OTHEB THAN DtPOSIi'ORY INSTITCTIONS AND HONEY
MARKET rtUTUAL FUNDS fGENLiAL PURPOSE AND bROKER/DEALEB).
1.)/ ISSUED BY CAhIub£.AN BRANCHES uf MEMBER BANKS TO U.S. RESIDENTS OTHER THAN DEPOSITOBY INSTITUTIONS AND HOJiEY MAfi/El HUTU1L
FUNDS {GEMEKAL PUKPOSt AND BBOKER/DEAi-Ei() v - CORREC1ED
-




H.6 (508)

Table 3A-continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
at commercial
banks

Date

at savings
and loans

c

Savings deposits
at
at mutual
savings banks c credit unions c

total c

at commercial
banks

Small denomination time deposit?:1 c
at
at savings
at mutual
credit unicx*.:
and loans
savings banks

total

176.3
171.9
171.3

108. 1
106.2
106.0

53.0
51.9
51.8

44.9
44.2
44.7

362.2
374.2
373.9

302.9
309.5
313.9

363.4
366.2
367.7

93.0
93.8
94.*

13.4
13.9
14.3

772.7
783.5
790.2

172.3
1t>9.4
166.S

10O.7
104.3
102.4

52.1
51.1
50.4

45.4
45.2
45.2

376.4
369.9
365.0

314.7
319.5
325.2

366.7
367.9
370.5

94.2
94.fa
95.8

14.3
14.6
14.9

7*0. C
7*16.9
806.4

JULX
AUG.
SEP1.

1b6.5
1c*. 4

10^.7

159.0

yy. 4
y7.2

50.6
49. 1
48.2

45.4
44. 1
43.6

365.2
355.0
347.9

328.1
336.4
342.9

370.6
373.5
375.9

96.0
96.7
97. 4

14.9
15.<*
15.9

809.5
822,0
832-1

0C1.
NOV.
DEC.

157.3
156.9
157.2

95.9
95.J
95.5

47.7
47.2

47.5

43. 1
4^.7
42.8

343.9
342.2
342.9

351.3
354.9
355.7

380.6
380.7
379. 5

99,0
99.0
99. a

16.8
17.4
17.3

647.6
851.9
85U6

158.6

96.8

47.9

43.4

346.7

356.9

380.7

99.3

1 i> 31 - J A N.
FEB.
flAfi.
APK.
JUNE

1982-JAN. P
W££.K EMDING;

*EB.

1/ SMALL
C -




0
13
20

158.8
1o9.4
158.7

27 P

1*82-JAN.

158.0

356.3
357.7
359.1
360.3

3 P

157.7

361.9

DEMOMINATION
E

r

^lHE DEPOSITS -- INCLUDING KETAIL fiPS —

ARE THOSE ISSUED IN k&OUHlS

OP LESS THAU 5100,000.

17.4

856.3

H.6 (508)
Table 3A-continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonally adjusted
Large denomination time depcsits1
at
at mutual
commercial at savings
savings
total3
banks2
banks
and loans

Date

Term RPs*

at
commercial
banks

at thrift
institutions

total

Term
Eurodollars
(net) 5

Savings
bonds

Short-term
Bankers . Commercial
Treasury
acceptances7
paper 8
securities 6

5.1

276.9
273.9

30.9
30.2
28.1

8.3
7.9
8.0

39.2
38.1
36.1

50.2
52.2
52.2

71.9
71.1
70.6

161.7
167.5
165.1

32.1
33.3
33.9

98.3
98.3
96.0

4*0.9
43.0
43.1

5.3
5.5
5.6

268.1
277.3
281.7

28.2
29.1
30.0

8.5
8.6
8.8

36.7
37.7
38.8

52.6
57.0
57. 9

70.1
69.7
69.4

159.6
160.8
161.3

34.7
35.4
36.2

94.4
97.8
100.7

236.6
243.3
246.3

43.9
45.2
4b. 1

5.5
5.7
6.2

286.6
294.6
299.1

28.4
25.8
26.2

8.8
7.5
7.6

37.2
33.4
33.8

58.7
61.0
61.2

69.1
68.8
68.5

159.1
161.5
166.6

36.5
36.8
37.4

100.3
100.7
102.3

246.2
248.1
251.2

46.8
47.1
47.8

6.3
6.2
6.0

299.8
301.8
305.4

25.6
27.8
27.1

7.8
7.8
8.3

33.4
35.6
35.4

61.6

68.1

173.2

37.7

103.7

253.0

49.2

6.0

308.7

24.0

8.5

32.5

1981-JAN.
FEB.
HAfi.

225.3
229.9
227.1

40.9

5.0

41.2
41.1

5.1

APR.
MAY
JUNE

221.4
228.3
232.5

JULY
AUG.
SEP1.
0C1.
NOV.
DEC.
iy82-JAN. P

271.7
'

«£EK ENDING:
1982-JAN.

6
13
20
27 P

253.5
252.0
251.1
253.7

25.6
23.9
23.2
23.8

J2B.

3P

256.3

23.5

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

LARGE DENOMINATION TIME DEPOSITS AR4 1HOSE ISSUED IN AMOUNTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT
INSTITUTIONS.
TOTAL LARGE DENOMINATION TIME DEPOSITS EXCEEDS SUM OF 1H&EE PREVIOUS COLUMNS BY SUCH DEPOSITS Al CREDIT UNIONS.
TERM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY, EXCLUDING CONTINUING CONTRACTS AND RETAIL RPS.
TERM EURODOLLARS ARE THOSE WITH ORIGINAL MAXURIIY GfcEAlEE THAN ONE DAY NET OF TERM EURODOLLARS HELD BY U.S. RESIDENTS OTHER
THAN DEPOSITORY INSTITUTIONS AND MONEY MARKET MUTUAL iUNDS.
»
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY OTHER THAN DEPOSITORY INSTITUTIONS, F.R. BANKS, AND 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 COMMERCIAL PAPEK LESS COMMERCIAL *>APER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 4

MEMORANDA 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

demand deposits at
Federal Reserve
Banks
commercial 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 banks

12.0
12.8
11.9

3.a
3.3
3.0

11.8
11.6
11.3

2.9
2.9
2.9

3.2
3.3
3.0

5.1
5.4
7.5

11.2
11.6

13.4

0.8
0.8
0.8

HAY
JUNE

12.2
12.2
12.9

3.3
2.8
3.0

10.9
10.9
10.6

3.9
3.0
3.5

3.4
3.3
3.0

8.3
9.5
9.1

15.6
15.8
15.5

0.8
0.8
0.8

JULY,
AUG.
SEPX.

12.6
12.9
13.5

2.8
2.8
3.0

9.8
9.4
9.4

2.9
2.8
3.5

3.1
3.2
3.2

7.9
4.8
7.8

13.9
10.8
14.4

0.6
0.7
0.7

OCT.
MOV.
DEC.

12.8
12.6
12.9

2.2
2.4
2.6

9.2
9.0
9.1

2.7
2.8
3.1

3.3
3.1
2.9

10.9
7.0
8.1

16.9
12.9
14.1

0.7
0.7
0.7

11.8

2.5

8.8

3.1

4.7

11.6

19.4

0.7

13
20
27 P

12.1
11.7
12.1
11.7

2.5
2.6
2.6
2.2

9.0
8.9
8.8
8.7

3.0
2.4
3.8
2.9

3.7
3.1
3.7
6.1

8.0
6.7

12.1
16.1

14.8
12.1
19.7
25.2

0.7
0.7
0.7
0.7

3 P

11.2

2.7

8.6

3.5

7.9

17.1

28.5

0.8

1981-JAN.
f£B.
BAH.
APR.

1982-JAN.

P

WEEK ENDING:

1982-JAN.




FEB.

6

Appendix Table 1
REVISED Ml SHIFT-ADJUSTED

(in billions of dollars)

Seasonally
adjusted

Hot seasonally
adjusted

414.4

418.6

FEBRUARY

413.4

404.2

MARCH

416.8

409.2

APRIL

423.6

426.3

MR*

420.1

414.2

JUNE

418.8

418.0

JULT

419.5

422.2°

AUGUST

420.9 C

420.1 C

SEPTEMBER

420.7

420.8

OCTOBER
NOVEMBER

422.2
425.0

423.8
428.2

DECEMBER

428.7

439.0

1981—JANUARY

c—corrected.




Appendix Table 2
Variable-Ceiling Time Deposits, All Savers Certificates, and Retail Repurchase
Agreements At All Insured Commercial Banks and All Mutual Savings Banks
November 25, 1981, December 31, 1981, and January 31, 1982
(not seasonallly adjusted)1

Liability Categories

6-month money market certificates^
(standard error of the estimate)

Insured Commercial Banks
November 25|December 31 January 31
Amount outstanding
($ millions)
1
219,689
! 217,684
I 216,322r
(1,660) | (1,644)
(1,673)

Mutual Savings Banks
November 25[December 31|January 31
Amount outstanding
($ millions)

1
51,205
(350)

49,818
(353)

51,217
(407)

19,563
(309)

21,100
(368)

2-1/2 year and over variable ceiling
certificates3
(standard error of the estimate)

55,195
(1,241)

|
|

57,057r
d,273)r

59,546
(1,360)

18,672
(290)

All Savers Certificates4
(standard error of the estimate)

16,946
I
(344) |

18,604r
(356)r

19,593
(371)

4,148
(65)

4,485r
(68)r

4,789
(73)

5,514
(367)

1,400
(95)

1,420
(125)

1,394
(127)

Retail repurchase agreements*
(standard error of the estimate)

!

4,444
|
(307) |
7

Ceiling-free IRA/Keogh Deposits6

|

4,643
(325)
152r
(20)r

7

Jtitutions
Number of Offering In!
6-month money market certificates

7

2-1/2 year and over variable ceiling
certifcates

7

All Savers Certificates

7

[

26r !
(4)r

7

I 13,462

13,527

7

1 13,819

13,828

1

1

4,313

4,574

7

1

3,380

n.a.

7

Number oj: Offering Ii
istitutions

14,051

I 13,962

4,203

Retail repurchase agreements
Ceiling-free IRA/Keogh Deposits

1

7

443

438

443

438

7

443

438

200

204

206

7

204

n.a.

f

r—Revised.
1. Estimates'for January are based on data collected by the Federal Reserve from a statified random sample of
547 banks and 92 mutual savings banks.
2. 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 6-month Treasury bill (auction average). See Table
1.16 in the Federal Reserve Bulletin for specific ceiling rates*
3. 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 2-1/2 year and over variable ceiling accounts issued since
January 1, 1980. See Table 1.16 in the Bulletin for specific celling rates.
4. All Savers Certificates are one-year nonnegotiable time deposits that have an annual investment yield equal
to 70 percent of the average yield for 52-week U.S. Treasury bills.
5. Retail repurchase agreements are in denominations of less than $100,000 with maturities of less than 90 days
that arise from the transfer of direct obligations of, or obligations fully-guaranteed as to principal and interest
by, the U.S. Government or an agency thereof.
6. Ceiling-free IRA/Keogh time deposits of less than $100,000 with original maturities of 1-1/2 years or more,
authorized beginning December 1, 1981.
7. Information not available.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102