Full text of H.6 Money Stock Measures : July 10, 1986

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

FEDERAL RESERVE statistical release

•3fPv

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

H.6 (508)
Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

JULY

10,

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

Date

M2
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 balances3

L

Debt

M3 plus other
liquid assets 4

Debt of domestic
nonfinancial sectors*

Seasonally adjusted

1985—JUHE
JULX
AUG.
SEPT.
OCT.
MOV.
DSC

590.9
596.2
604.8
611.5
614.2
620.1
626.6

2479.0
2496.1
2515.4
2529.5
2538.4
2550.8
2565.8

3097.0
3112.1
3130.1
3150.2
3164.9
3180.2
3199.S

3665.7
3683.2
3711.2
3739.2
3760.7
3798.2
3837.0

6320.2
6389.8
6460.3
6525.3
6592.0
6680.3
6809.8

1986—JAN.
FEB.
HAB.
APR.
HAY
JUIE P

627.2
631.0
638.4
t»46.1
658.6
666.4

2569.0
2575.9
2591.2
2620.8
2647.0
2667.3

3222.9
3238.8
3259.5
3288.6
3307.2
3326.9

3859.0
3876.5
3889.7
3915.4

6913.8
6963.9
7012.3
7069.4
7129.5

Not seasonally adjusted

1985—JUHE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC

592.7
599.6
602.0
609.1
612.2
621.7
639.9

2480.7
2501.0
2510.9
2521.0
2533.7
2549.1
2573.9

3097.0
3109.6
3126.1
3143.7
3161.9
3183.7
3212.6

3664.8
3682.7
3708.9
3734.8
3758.3
3800.9
3843.2

6299.3
6370.3
6441.5
6509.9
6578.4
6667.2
6803.9

1986

633.5
619.2
630.5
652.8
651.7
668.8

2577.7
2569.2
2593.2
2630.4
2638.0
2669.5

3230.6
3230.8
3259.8
3295.1
3300.5
3327.6

3864.2
3868.8
3693.8
3925.5

6907.2
6944.5
6985.2
7040.8
710J.8

-JAN.
FEB.
ttAB.
APB.
HAI
JUHE P

M1
For period ended
13-week average

1986-HAY

5
12
19
2b

JUHE

2
9
16

23 P
30 P

NOTE:

Seasonally adjusted
4-week average

week average

13-week average

Not seasonally adjusted
4-week average

week average

640.0
64*1.9
644.1
646.1

647.5
651.2
654.5
657.5

654.6
656.1
658.8
660.5

636.1
638.3
640.9
643.0

652.6
651.6
650.3
650.7

653.9
653. 1
652.8
642.8

648.5
650.7
653.0
655.1
657.1

659.6
662.3
664.7
666.1
666.9

663.1
666.9
668.2
666.2
666.3

645.9
649.1
652.4
655.2
657.7

651.8
657.6
663.1
bt>7.6
66b. 8

658.4
676.3
674.7
661. 1
663.1

SPECIAL CAUTIOH SHOULD BE TAILEH IH INTERPRETING HEEK-TO-WEEK CHANGES IN HONEY SUPPLY DATA, HHICH ABE
HIGHLY YOLATILE AHD SUBJECT TO BEYISIOH.
P—INDICATES PRELIMINARY DATA.
FOOTHOTES APPEAR OH THE fOLLOHIHG 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 BOOTHS FBOH MAR.

1986 TO JUNE

1986

17.5

11.7

8.3

9.5

6 SOUTHS FBOM DSC.

1985 TO JUNE

1986

12.7

7.9

7.9

13-4

12 MONTHS FBOH JUNE

1985 TO JUNE

1986

12.8

7.6

7.4

14.Q

THIRTEEN WEEKS ENDING JOVE 30, 1986
FROM THIRTEEN HBBKS ENDING:
HAS.

31 , 1986 {13 HEEKS PEEflOOS)

15.7

DSC

30, 1985 (26 H&8KS PEEf 10US)

11.9

1, 1985 (52 WEEKS PREVIOUS)

12.7

JULI
1/

1/

2/

3/

4/
5/

GROWTH BATES FOB DEBT ABE BASED ON PEBIODS BEGINNING AND ENDING ONE HONTH EARLIER THAN FOB THE HONKTAitX AGGREGATES,
MABELY, FBBBUABT 1986 TO flAX 1986, NOVEHBBB 1985 TO HAX 1986, AND HAT 1985 TO HAI 1986, RESPECTIVELY.
FOOTNOTES TO TABLE 1
CONSISTS OF (1) COBBENCI OUTSIDE THE TREASURY, FKDEBAL HESBBVB BANKS, AND THE VAULTS OF COHHEBCIAL BANKS;
(2) TRAVELERS CHECKS OF NONBANK ISSUEBS; (3) DENAND DEPOSITS AT ALL COHHEBCIAL BANKS OTHEB THAN THOSE DUE TO
DOHESTIC BANKS, THE U.S. GOVERNMENT, AND FOBBIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ltMBS IN THE PROCESS
OF COLLECTION AND FEDERAL BSSEBVS FLOAT; AND (4) OTHEB CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE ORDER
OF WITHDRAWAL (NOW) AND AUTOMATIC TBANSFEB SEBVICE (ATS) ACCOUNTS AT DSPOSITOBX INSTITUTIONS,
CREDIT UNION SHARE DBAFT ACCOUNTS AND DEHAND DEPOSITS AT THBIFT INSTITUTIONS. THE CUBBENCI AND DEHAND
DEPOSIT COMPONENTS EXCLUDE THE ESTIHATBD AHOONT OF FAULT CASH AND DEHAND DEPOSITS, RESPECTIVELI, HELD BX
THBIFT INSTITUTIONS TO SEBVICE THEIB OCD LIABILITIES.
CONSISTS OF Hi PLUS OVEBNIGHT (AND CONTINUING CONTBACT) BPS ISSUED BI ALL COHHBBCIAL BANKS AND OVKBNIGHT EURODOLLARS
ISSUED TO U.S. RESIDENTS BY FOBEIGN BBANCHSS OF U.S. BANKS WORLDWIDE, MMDAS, SAVINGS AND SHALL DENOMINATION
TIHE DEPOSITS (TIfiE DEPOSITS—INCLUDING BSTAIL BPS--IN AHOUNTS OF LESS THAN £100,000), AND BALANCES IN BOTH
TAXABLE AND TAI-EXEMPT GENERAL PUBPOSE AND 3B0KEB/DEALEH MONEY HAitKET MUTUAL FVMDS<. EXCLUDES IBA AND KBOGfl
BALANCES AT DEPOSITORY INSTITUTIONS AND HONEX HABKBT *U»DS+ ALSO EXCLUDES ALL BALANCES HELD BX U.S. COMMERCIAL
BANKS, HONSX HABKET FUNDS (GENERAL PURPOSE AND BBOKEB/DEALJBB) , FOREIGN GOVERNMENTS AND COMMERCIAL BANKS, AND
THE U.$. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT BEPBESENTS THE ESTIMATED AMOUNT
OF DEHAND DEPOSITS AND VAULT CASH HELD BX THBIFT INSTITUTIONS TO SERVICE TfcSIfi TIMS AND SAVINGS DEPOSITS.
CONSISTS OF H2 PLUS LARGE DBNOHINATION TIMS DEPOSITS (IN AHOONTS OF $100,000 OB MORE) AND TEBH BP LIABILITIES ISSUED
BX COHHEBCIAL BANKS AND THBIFT INSTITUTIONS, TEBH EURODOLLARS HELD BX U.S. BESIDENTS AT FOBEIGN BLANCHES 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-ONLX HONSX HABKET MUTUAL FORDS. EXCLUDES AHOUNTS HELD BX DEPOSITORY INSTITUTIONS, THE U.S. G0V4BNHBNT, HONEX
HABKET FUNDS, AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTBACTED IS A CONSOLIDATION ADJUSTMENT THAT BBPBESENTS
THE ESTIHATBD AHOUNT OF OVEBNIGHT BPS AND EUBODOLLABS HELD BX INSTITUTION-ONLX HONSX HABKET MUTUAL FUNDS.
CONSISTS OF H3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHOBT-TEBH TBEASUBX SECURITIES, COHHEBCIAL
PAPEB AND BANKSBS ACCEPTANCES, NET OF HONBX HABKKT MUTUAL FUND HOLDINGS OF THESE ASSETS.
DEbT OF DOHESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CBBDIT HABKST DEBT OF THE UNITED STATES GOVXBNHENT,
STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTORS. PBIVATS DEBT CONSISTS OF CORPORATE BONDS, MORTGAGES,
CONSDHEB CREDIT (INCLUDING BANK LOANS), OTHSB BANK LOANS, COHHEBCIAL PAPER, BANKEBS ACCEPTANCES AND OTHEB DEBT
INSTBUHENTS. THE DATA AttB DBBIVED FBOH THE FEDERAL RESERVE BOARD'S FLO* OF FUNDS ACCOUNTS. ALL DATA ON DEBT OF DOMESTIC
NONFINANCIAL SECTORS ARE PfiBSEHTED IN MONTH-AVERAGE FORM, DERIVED BX AVBBAGING HONTH-END LEVELS OF ADJACENT MOUTHS. THESE
DATA HAVE ALSO BEEN ADJUSTED TO BEHOVE STATISTICAL DISCONTINUITIES THAT MAX ARISE IN THE UUDERL11UG FLOW OF FORDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFERS^ THEREFORE, FROM THE QUARTERLY FLOW OF FUNDS STATISTICS CONTAINED
IN THE FEDERAL RESERVE RELEASES Z. 7 AND Z.1. IN THOSE RELEASES, PUBLISHED LEVELS OF CBEDIT HABKET DEBT ABE MEASURED ON
A UUABTEB-END BASXS AND INCLUDE DISCONTINUITIES.




H.t(90t)
%fc*3

COMPONENTS OF THE MONEY STOCK
kiststf

BMNonsofdoNars,

3

I
Nontfanssctlons
oomponsnM

Othsr

Oats

Cvnsnsy'

Oaman*
dspoatts'

Twsvstsm
onsets'

daposlts

4

mm*

•avtaos ctoposhV
at

on**
!

1985-JUNE

164.4

5.7

259.0

161.8

1888.1

Small ttfns dsposHs*
at
ttvtft
Mai
banks

at

total

Institutions

Laqis tfcns tfsposMs'
at
banks

19

at
thrift
Institutions

total

171.5

293.6

357.5

502.6

890.3

267.3

155.4

422.7

616.0
122.9
614.8
123.7
620.7 i 124.0

173.8
176.0
176.3

296.7
299.7
300.3

386.7
383.4
382.7

501.3
497.5
495.6

688.0
660.9
878.3

264.0
266.9
270.6

154.3
154.1
155.1

416.3
421.0
425.6

1924.2
1930.6
1939.2

626.5
124.4
629.4
124.8
634.1 I 124.5

177.9
179.0
179.1

302.3
303.7
303.6

382.0
382.2
384.1

493.7
493.7
496.2

875.7
876.0
660.3

273.9
276.7
279.1

155.9
156.3
157.3

429.7
432.9
436.5

180.5
183.1
185.2

1941.8
1944.8
1952.8

653.9 I 124.7
663.0 I 125.0
668.3
125.7

179.3
179.9
181.2

304.0
304.9
306.9

386.6
388.1
389.0

499.4
502.9
505.7

885.9
690.9
694.7

289.7
291.5
287.1

156.2
159.7
163.4

447.9
45 1.2
450.5

275.6
281.6
284.8

189.9
195.1
198.9

1974.7
1986.5
2000.9

667.8
660.2
659.6

184.9
189.7
194.3

311.5
318.6
325.1

387.9
384.8
381.8

508.2
50b. 4
504.2

896.2
891.2
886.1

287.0
281.4
260.9

165.0
164.8
164.5

452.0
446.2
445.3

280.6
280.1
281.8
281.6

192.6
194.4
195.1
196.6

127.6
128.4
129.0
129.8

386.5
385.6
384.9
383.9

283.9
282.4
281.5
280.1

284.1
285.9
286.0
284.3
283.8

196.6
196.4
199.4
199.0
199.7

129.7
130.4
130.7
131.1
131.3

383.0
382.1
381.8
381.6
381.4

279.1
279.4
281.5
281.9
261.2

JULY
AUG.
SEPT.

165.3
166.9
167.7

5.8
5.9
5.9

260.4
263.1
266.4

164.8
169.0
171.5

1899.8
1910.6
1916.0

OCT.
NOV.
DEC.

168.7
169.8
170.6

5.9
5.9
5.9

266.0
267.6
271.5

173.7
176.7
178.6

1966-JAN.
FEB.
MAR.

171.9
172.9
173.9

5.9
5.9
6.1

268.9
269.2
273.2

174.4
175.8
176.7

6.1
6.1
6.1

APR.
HAY
JUNE P

banks
122. 1

at
thrift

618. 1
1

126.6
128.9
130.8

REEK ENDING
1986
HAY

JUNE

1/
2/
3/

4/
5/
6/
7/
%/
9/
10/

5
12
19
26

175.3
175.5
175.7
176.2

2
9
16
23 P
30 P

176.3
176.5
176.8
176.8
176.7

•

CURRENCY OOTSIOS TIB U.S. TREASURY, FEDERAL RESERVE BARKS ABD fAULTS OF COMMERCIAL BASKS. EXCLUDES TUB ESTIMATED
AIOUMT OF fAULT CASE HELD BT THEIPT INSTITUTIONS TO SERYICB THEIR OCD LIABILITIES.
OUTSTANDING ABOOIT OF U.S. DOLLAR-DENOHINATSD TRAVELERS CHECKS OF NONBANK I5S0EIS. TRAVELERS CHECKS ISSUED BI DEPOSITORY
INSTITUTIONS ARE IICLUDED IM DEMAND DEPOSITS.
DEIAID DEPOSITS AT COHHEBCIAL BANKS AND FOREIGN RELATED INSTITUTIONS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNIENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITBBS IN THE PROCESS OF COLLECTION AND FEDERAL RESERVE FLOAT.
EXCLUDES THE ESTIMATED AMOUNT OF DBfiAND DEPOSITS HELD AT COHHERCIAL BANKS BI THRIFT INSTITUTIONS TO SERVICE THEIR OCD
LIABILITIES.
CONSISTS OF NON AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS, CREDIT UNION SHARE DRAFT BkLAMCES AND
DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASONALLY ADJUSTED EgUALS THE DIFFERENCE BETffBBN THE
SEASONALLY ADJUSTED SUB OF DEHAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEHAND DEPOSITS.
SDH OF OVERNIGHT BPS AND OfBENIGHT EURODOLLARS, HONEY BASKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER),
HHDAS, AND SAVINGS AND SHALL TIRE DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM RPS AND TERN EURODOLLARS OF U. S^ RBSIDBNTS, HONEY MARKET FUND BALANCES (INSTITUTIONONLY), LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY
INSTITUTION-ONLY MONEY MARKET rUMDS.
.SAVINGS DEPOSITS EXCLUDE HHDAS.
SMALL DENOMINATION TIME DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN S100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS AtfE SUBTRACTED FROM SHALL
XCHE DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR HO«E, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOMINATION TIflt DEPOSITS AT COMMERCIAL riANKS LESS THOSE HELD BY HONEY MARKET MUTUAL FUNDS,
DEPOSITORY INSTITUTIONS AND FOfiEIGU BANKS ANi) OFFICIAL INSTITUTIONS.




H.6 (506)
Table 4

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

Date

savings bonds

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

2*1.9

46.3
44.5

168.6
165.7

1442.0
1459.4

4814.5
4«60.9

JULY
AUG.
SEPT.

76.7
77.2
78. 0

279-2
277.3
2 80.6

43.7
43.6
43.2

171.6
182.9
187.2

1479.5
1 49b. 7
1506.6

4910.3
4963.6
5018.8

OCT.
MOV.

78.5
79.0
79.5

280.9
299.5
307. 1

43.9
43.1
41.1

192.5
196.4
209,5

1518.0
1549.0
1586.3

5074.0
5131.3
5223.5

79.9
80.5
81.1

304. 1
305.9
298.0

41.5
42.1
41.6

210.6
209-2
209*5

1608. 0
1621.1
1628.2

5305.8
5342.8
5384.1

81.8

301.0

41.0

203.0

1638.8

5430.6
5473.3

DSC.
1 9 8 6 JAM.
HAB.
APHHAY

2/
3/
4/

Debt components4
federal debt
non-federal debt

76.1
76.5

1985 MAY
JUME

1/

commercial paper3

P
P

COHSISTS OF U . S . TBBASUBY BILLS AMD COUPONS H1XH BfiMAINIHG MATURITIES OF LESS THAU
IMSTITOTIOMS, FEDEBAL BESEBVE BAMKS, MONEY MA&KET MUTUAL FUHDS AMD FOHEIGM ^ " " ! S
MET OF BA*K££S ACCEPTAMCES HELD BI ACCEPTING BAHfcLS# ifED£fiAL EESEBVE BAMKS# FOBEIGM
HOAE LOAM BANK SYSTEM AMD MONEY NABKET MUTUAL FUNDS.
TOTAL COMEBCIAL PAPEH LESS COHHEBCIAL PAPEB HELD Bl flONEX HAfiKET MUTUAL FUhDS^
DEBT DATA AB£ OM A MOMTHLY A?EBAGE B A S I S , DEBIVED BY AVEBAGIHG EMD-OF-MONTH LEVELS
ADJUSTED TO BEHOVE DISCONTINUITIES.




1 2 HONTttS iiELD BX OTHEfi THAU DJSPOSITOBY
T r ^ r „ „ „ „ - „ «
T H E PKHERIL
OFFICIAL IJiSTITOTIOMS, THE FEDEBAL
„ **„ m Mn.UQ Ann H I V F BRRII
OF ADJACENT HUMTHS, AMD HAVE BEEN

H.6 (508)
Table 5

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

Other checkable deposits
Date

Currency1

Travelers
checks2

Demand
deposits3

at commercial
banks4

at thrift
institutions 5

total

in M26

in M3 only7

Overnight
RPs8

Overnight
Eurodollars'

General
purpose and
broker/dealer
money market
funds

165.1

5.9

259.4

113.8

48.4

162.2

1888.0

616.3

48.1

12.7

175.4

JOLI
AUG.
SEPT.

166.8
167.7
167.6

6.5
6.6
6.2

261.8
260.4
265.0

115.0
117.0
119.0

49.5
50.3
51.3

164.5
167.3
170.3

1901.4
1908.9
1911.9

608.6
615.1
622.7

48.3
49.4
50.2

12.4
14.2
14.0

175.8
176.8
176.7

OCT.
MO?.
DJSC.

168.4
170.7
173.1

5.9
5.6
5.5

265.6
269.0
28UJ

119.8
122.6
125.8

52.5
53.8
54.4

172.3
176.4
180.1

1921.5
1927.4
1934.0

628.2
634.6
638.7

50.4
51.9
52.6

14.3
13.9
17.0

177.0
176.8
176.5

1986-JAB.
FEB.
MAR.

170.5
170.6
172.3

5.5
5.6
5.8

27b. 1
262.0
2b7. 1

128.1
126.8
129.3

54.3
54.2
56.0

182.4
181.0
185.3

1944.2
1950.0
1962.7

652.9
661.6
666.6

49.2
51.4
50.1

18.8
16.1
16.3

177.7
181.0
186.2

173.6
175.8
177.4

5.8
5.9
6.4

278.6
276.7
285.5

134.8
132.8
136.5

59.9
60.6
63.0

194.7
193.4
199.5

1977.6
1986.3
2000.7

664.6
662.5
658.1

49.5
49.6
47.2

17.4
16.7
15.6

191.4
193.4
19 7.7

1985-JUNE

APR.
HAT
JUHE P
WEEK ENDING:
198 6 * 11AI

JUNE

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

5
12
19
26

174.9
176.1
175.6
175.8

279.7
211*1
278.4
269.6

132.6
133.0
132.7
131.9

61.0
61.0
60.3
59.6

193.6
194.0
192.9
191.5

49.0
48.3
49.6
49.5

17.2
15.6
16.1
17.1

190.0
191.9
193.2
19 5.9

2
9
16
23 P
30 P

175.6
178.4
177.7
177.0
176.8

281.5
288.8
288.8
280.1
283.6

134.0
138.6
138.0
135.2
134.3

61.3
64.3
63.9
62.3
61.8

195.3
203.0
201.9
197.5
196.1

52.4
46. 1
46.6
46.8
47.8

18.1
14.6
14.4
15-5
17.4

195.7
196.4
19 8.3
199.1
197.7

CUBBEttCT OUTSIDE THE U.S. TREASURY, FEDEBhL BBSJSBVE BANKS AMD THE VAULTS OF COMMERCIAL BANKS. EXCLODES THE ESTIMATED
AMOUNT OF VAULT CASH HELD BT THRIFT INSTITUTIONS TU SEEVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TfiAFELERS CHECKS OF NONBANK ISSUEBS. TRAVELEBS CHECKS ISSUED BI DEPOSITOBY
INSTITUTIONS ABE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVEINHENT AND F0BEI6N BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.B. FLOAT, LESS XHB ESTIMATED AMOUNT OF DEMAND
DE20S11S HELD AT COMMEBCIAL BANKS BX THBIFT INSTITUTIONS TO SEBVICE THEIfi OCD LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT COMMEBCIAL BANKS, 0*S* BRANCHES AND kGEBClES OF FOBEIGN BANKS, AND EDGE ACT
COBPOBATIONS.
CONSISTS OF NOH AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CBEDIT UNION SUABE
DRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS.
SUM OF OVERNIGHT EPS AND EUBODOLLABS, RONEI MARKET FUND BALANCES (GENEBAL PURPOSE AND BROKER/DEALER), MMDAS AND SAVINGS
AND SHALL 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 TIMS DEPOSITS, TERM BPS AND EUBODOLLARS OF U.S. RESIDENTS, MONET MARKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD 81 INSTITUTION-ONLY
MONET MABKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT EPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BttOKEfi/DEALEK)•
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
MONET MARKET MUTUAL MhDS (GENERAL PURPOSE AND dROKEK/DEALtiK) .




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

Date

1985-JUME

Money market deposit accounts
at
at
thrift
commercial
total
banks
institutions

307.5

170.6

478.1

at
commercial
banks

123.2

JULI
AUG.
SEPT.

313.2
317.9
321.3

174.0
177.3
178.5

487.2
495.2
499.8

124.4
124.0
123.7

OCT.
NO?.
DKC.

324.3
329.2
332.4

179.8
180.3
179.6

504.1
509.5
512.0

124.6
124.3
123.5

1986-JA*.
FEB.
BAB.

336.7
337.0
340.3

179.0
178.6
180.2

515.7
515.6
520.5

344.7
348.5
354.9

180.4
182.1
185.1

525.1
530.6
540.0

123.9
123.6
124.9
127.2
129.5
132.0

API.
HA*
JUNE P

Savings deposits
at

Small denomination time deposits 2
at
at
total
commercial
thrift
banks
institutions

Large denomination time deposits3
at
at
thrift
commercial
total
4
banks
institutions

thrift
institutions

total

172.2

295.4

386.5

499.9

886.3

265.5

154.9

420.4

298.9
29b.9
299.1
302.9
303.3
301.8
302.7
302.7
306.5
313.0
320.0
327.0

386.5
385.3
385.1
384.8
384.2
384.8
386.5
387.1
387.2
384.4
382.2
380.7

500.6
497.1
495.4
496.5
496.4
497.6
502.6
504.6
504.6
505.4
502.5
501.3

887.1
882.5
880.5
881.3
880.7
882.5
889.1
891.7
891.8
889.9
884.7
882.1

263.0
267.5
272.6
276.3
278.2
280.9
288.6
290.4
287.7
283.5
280.7
279.2

153.1
153.9
155.1
156.2
157.1
157.8
159.0
160.7
163.2
164.0
164.3
164.0

416.1
421.4
427.6
432.6
435.3
438. 7
447.6
451.0
450.8
447.5
445.0
443.2

174.6
174.9
175.4
178.3
179.0
178.3
178.8
179.1
181.6
185.8
190.5
195.0

U2BK BIOIMG
1986
HAT

JOIE

1/
2/
3/
4/

5
12
19
26

344.5
346.4
348.9
350.4

128.1
129.0
129.6
130.1

2
9
16
23 P
30 P

352.2
354.7
355.8
354.8
355.1

130.5
131.0
132.1
132.2
132.5

383.4
382.8
382.2
381.6
381.2
381.0
380.7
360.4
380.6

280.6
280.6
280.8
281.4
279.7
278.5
279.2
278.9
279.9

SAYINGS DEPOSITS EXCLUDE BHDAS.
SHALL DBNOH1NATION TIME DEPOSITS — INCLUDING ttKTAIL BPS — ARE THOSE ISSUED IH ABOUNTS OP LESS THAN $ 1 0 0 , 0 0 0 .
ALL
INDIYIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGU ACCOUNTS AT COHflEBCIAL BANKS AND THRIFTS ABE SUBTRACTED FBOH SHALL
TIME DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS AH£ THOSE ISSUED IN AflOUNTS OF $ 1 0 0 , 0 0 0 OR 110RE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING F A C I L I T I E S ( I B F S ) .
LAHGE DENOHINATION TIME DEPOSITS AT COflflEFCIAL BANKS LESS THOSE HELD BY HONEY BARKET MUTUAL FUNDS, DEPOSITORY
INSTITUTIONS AND FOHEIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (506)
Table 5-continued

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

Institution
Date

only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars2

Savings
bonds

Non M 3 Components of L
Short-term
Bankers
treasury
acceptances 4
securities'

Components of Debt
Commercial
paper*

Federal debt 9

Non-Federal 6
debt

67.1

31.4

25.7

57.1

78.2

76.5

279.6

43.9

167.9

1457.9

4841.4

JO L I
AUG.
SEPT.

65.0
63.6
62.3

29.8
30.4
30.9

25.9
26.7
27.5

55.7
57.1
58.4

77.6
78.8
78.9

76.6
77.1
78.0

279.9
280.4
281.3

43.5
44.3
43.9

173.1
181.0
187.8

1475.8
1495.8
1506.9

4694.5
4945.7
5003.0

OCT.
MO?.
DEC

63.3
64.5
64.6

30.2
31.2
31.6

29.3
31.6
33.9

59.4
62.8
65.5

78.2
78.4
76.7

78.5
79.0
79.6

280.7
295.7
304.3

43.8
43.3
42.1

193.4
199.1
204.6

1515.6
1544.2
1583.7

5062.8
5123.0
5220.2

1986-JAN.
FEB.
HA fi.

67.3
67.7
70.2

33.1
35.1
36.3

35.1
34.7
34.3

68.2
69.8
70.6

76.0
79.2
81.9

80.0
80.5
81.1

303.8
306.8
304.2

42.3
41.9
40.7

207.5
208.8
207.9

1606.7
1621.0
1633.3

5300.5
5323.5
5352.0

74.1
76.1
75.0

34.6
34.3
32.7

34. 1e
34.1e
33. 9e

68. 7e
68. 4 e
66. 6e

80.7
79.9
79.5

81.8

303.6

39.9

205.2

1644.6
1660.6

5396. 1
5443.2

5
12
19
26

75.5
76.2
75.9
76.7

35.6
34.6
34.8
34.1

2
9
16
23 P
30 P

76.0
75.4
75.1
74.7
74.3

32.6
31.8
32.5
33.3
33.2

1985-JUHE

APE.
HAY
JUNE P
WEEK Ell D U G :
1986-HAI

JUNE

1/
2/

3/
4/
5/
6/

TEBH HPS ABB THOSE WITH ORIGINAL HATUNITIES GBEATEB THAN O I E D A I , EXCLUDING CONTINUING CONTBACTS AMD RETAIL B P S .
INCLUDES
A BELATIVBLI SHALL AMOUNT OF OVBBJIIGH? BPS AT THJUFT I N S T I T U T I O N S .
TEBH EURODOLLARS ABE THOSE WITH OBIGIMAL MATURITIES GBEATEB THAN ONE D A I . CONSISTS OF THOSE I S S U E D TO 0 . S . BESIDEMTS B I
FOBEIGM BBANCHES OF U . S . BANKS HOBLDHIDE AMD B I ALL BANKING OFFICES I N THE UNITED KINGDOfl AND CANADA. EXCLUDES THOSE HELD
BY DEPOSITORY I N S T I T U T I O N S AND HONEY MARKET HUTUAL F U N D S .
CONSISTS OF U . S . TREASUBT BILLS AND COUPONS WITH BEHAINING flATUBITIES OF LESS THAN 1 2 MONTHS HELD BY OTHER THAN DEPOSITOHI
I N S T I T U T I O N S , FEDERAL BESEAVE BANKS, NONET MARKET HUTUAL FUNDS, AND FOREIGN E N T I T I E S .
NET OF BANKERS ACCEPTANCES HELD BI ACCEPTING BANKS, FEDEBAL RESETS
BANKS, FOREIGN O F F I C I A L I N S T I T U T I O N S , THE FEDERAL
HOME LOAN BANK SISTBM AND NONEI HABKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER ihSS
COMMERCIAL PAPEM HELD BY MONEY MARKET HUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE B A S I S , DEJUV4D tit AVERAGING END-OF-HONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE D I S C O N T I N U I T I E S .




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

U.S. government deposits
demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

note balances
at commercial
banks
and thrift
institutions

IRA and Keogh Accounts

total demand
deposits and
note and
FR balances

time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

8.0

2.0

8.3

3.4

2.8

11.4

17.7

1.2

55.9

73.4

8.4

137.7

JO L I
AUG.
SEPT.

8.1
7.8
8.1

1.9
2.0
2.1

8.3
8^2
8.2

3.1
2.8
3.4 •

4.0
3.0
4.3

20.0
10.6
13.4

27.0
16.4
21.1

I.2
-3
I.3

56.7
57.4
57.8

75.3
76.8
78.1

8.5
8.4
8.3

140.4
142.6
144.3

OCT.
NOV.
DEC.

8.2
8.1
8.5

1.9
2.1
1.9

8.3
8.4
6.3

3.0
3.0
3.4

3.1
2.8
3.4

2.4
4.8

8.5

11.1

10.7
17.9

I.3
I. 3
I.4

58.2
58.7
59.2

79.0
79.5
80.9

8.4
8.4
8.3

145.7
146.6
148.4

1 9 8 6 - JAN.
FEB.
HAH.

8.8
8.3
8.4

2.0
1.9
1.8

8.0
7.8
7.6

3.6
3.2
3.3

10.5

20.5
21.0
12.4

34.5
31.7
19.2

I.3
I.4
I.4

60.7
62.5
64.2

81.9
82.9
86.4

8.6
8.7
9.0

151.2
154.2
159.5

8.7
8.8
8.8

1.9
1.8
1.8

7.5

4.2
3.0
3.5

3.7
4.8
2.9

13.6
18.7

11 . 5
1.5

68.4
69.5
69.8

90.1
91.2
91.9e

9.8

9.6

21.5
26.5
15.9

168.2
170. be
171.4e

5
12
19
26

8.9
8.5
8.8
8.7

1.8
1.7
1.8

1.7

7.5
7.4
7.4

4.4
2.7
3.0
2.7

9.0
5.0
3.8
3.4

23.7
23.7
19.4
15.3

37.2
31.4
26.2
21.5

1.5
1.5
1.5
1.6

2
9
16
23 P
30 P

9.1
8.7

1.9
1.8

7.3
7.3

7.3
7.3
7.2

17.2
9.2
9.9
21.5
22.8

1.6
1.6

1.7
1.9
1.8

3.4
2.3
2.6
3.8
2.6

10.8
3.7

8.6
8.9

2.9
J.2
4.7
3.5
2.8

1985-JUNE

APR.
BAT
JUNE P

7.4

7.3

7.5
3.4

1.7

WEEK ENDING:
1986
HAT

JUNE

estimated



9.0

7.5

2.7

14.2
17.5

1.7
1.7
1.7

9.9e
9.7e