Full text of H.6 Money Stock Measures : July 23, 1987

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

FEDERAL RESERVE statistical release
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

JULI

-{Mllions of dollars

Date

M1

M2

M3

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

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

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

2 3 , 1987

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors*

Seasonally adjusted

1986—JUKE
JULY
AUG.
SEPT.
OCT.
HOT.
DEC

667.5
676.6
687.0
693.1
701.4
712.4
730.5

2667.5
2693.3
2718.4
2736.3
2760.7
2775.4
2800.1

3338. 1
3368.3
3396.6
3422.0
3442.2
3460.1
3489.1

3972.4
3998.8
4027.7
4057.0
4082.7
4108.5
4141.1

7168.3
7234.4
7318.7
7400.8
7457.2
7530,. 5
7630. 4

1987—JA I .
*EB.
MAE.
APfi.
HAT
JO ME

737.7
737.5
739.5
750.4
753.2
746.8

2822.2
2821.5
2824.7
2839.1
2840.1
2843.2

3514.7
3518.4

4174.1
4182.6
4172.5
4187.0
4219.2

7695.3
7728.6
7781.7
7844.6
7911.3

1986—JUKE
JULY
AUG.
SEPI.
OCT.
NO 7 .
DEC

669.8
680.4
685.2
691.2
698.9
715.4
746.5

2668.7
2700.4
2715.8

2813.6

3336.2
3368.5
3392.3
3416.4
3438.7
3464.4
3504.4

3971.1
3999.3
4024.5
4051.1
4077.0
4111.3
4154.5

7131.7
7198.9
7287.3
7378.3
7440.4
7515.4
7623.0

19C7—JAM.
FEB.
NAB.
APfi.
HAY
JUNE

744.4
723.3
729.0
757.6
745.0
749.3

2832.4
2809.5
2818.4
2847.8
2829. 1
2844.3

3525.5
3508.7
3520.2
3548.2
3544.4
3568.1

4185.5
4174.4
4175.7
4195.1
4203.6

7689.7
7713.7
7759.7
7817.2
7875.1

3523.1
3540.1

3554.2
3570.2
Not seasonally adjusted

2128^a
2757.1
2777.7

M1
For period ended
13-week average

1987-JUIB

JULI

I0TE2

Seasonally adjusted
4-week average

week average

13- week average

Not seasonally adjusted
4-week averagei

8
15
22
29

748.0
748.5
748.9
749.6
749.8

754.3
752.9
750.6
748.7
745.9

753.7
745.8
744.9
750.2
742.6

744. 2
746. 1
747. 9
749. 5
750. 4

744.1
747.1

6 P
13 P

750.6
750.7

747.0
746.6

750.4
743.3

751, 6
751. 5

750.8
751.b

1

749.3
751.4
748.4

week average

746.6
759.7
755. 1
744. 1
734.5
769.6
757.7

SPECIAL CAUTIOI SHOULD b& TAKE! XI IITEBPEBTIMG lEEK-TO-IEEK CHAISES I I HOIST SUPPLI DATA, BHICM Afi£
fllGHlY fOLATILE AID SUBJECT TO B E I I S I O I .
P—INDICATES PBELIHIIAJiX DATA.
rOOTIOTES APPEAft 0 1 TBS FOLLOflHG PAGE




H.6 (508)
Table 2

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

M1

M3

Debt1

2.6

5.3

9.5

M2

3 SOUTHS PROM HAfi.

1987 T O JUNE 1987

3.9

6 MONTHS F B O B D E C .

1986 T O J U N E 1987

4.5

3. 1

4.6

10.1

11.9

6.6

7.0

11.3

12 MONTHS FROM J O M B

1986 T O JO ME 1987

THIRTEEN W E E K S ENDING J O L I 1 3 , 1987
FROM T H I R T E E N H B B K S ENDING:

1/

APK.

1 3 , 1 9 8 7 (13 HBBKS PREVIOUS)

6.9

JAM.

1 2 , 1 9 6 7 (26 HSBKS PBSfXOOS)

8.2

JOLT

1 4 , 1986 (52 fEEKS PBBVIOUS)

13.3

GROWTH RATES FOB DEBT ABB BkSED OM PBBIODS BEGINNING AND ENDING ONE MONTH EARLIER THAN FOB THE MONETABY AGGREGATES,
NAHBLY, FBBBUABY 1987 TO MAY 1987, NOVBMBBB 1986 TO MAY 1987, AMD MAY 1986 TO MAY 1987, RESPECTIVELY.

FOOTMOTES TO TABLE 1
1/ CONSISTS OF (1) COBBBMCX OUTSIDE THE TREASURY, FEDERAL BESEBVE BANKS, AMD THE FAULTS OF COMMERCIAL BANKS;
(2) TBAfBLBBS CHECKS OF MOMBAMK ISSUBBS; (3) DBMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHEB THAM THOSE DUB TO
DOMESTIC BANKS, THE U.S. GOVBBNMBMT, AND TOBEIGM BANKS AMD OFFICIAL INSTITUTIONS LESS CASH ITEAS IM TUB PBOCBSS
OF COLLECTION AND FBDEBAL BBSBBfB FLOAT; AMD (4) OTHBB CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE OBDBB
OF UITHDBAHAL (NOB) AND AUTOMATIC TBANSFBB SBBVICB (ATS) ACCOUNTS AT DBPOSITOBX INSTITUTIONS,
CBEDII UNION SHABE DRAFT ACCOUNTS AND DEMAND DEPOSITS AT THBIFT INSTITUTIONS. THB CUB&BNCY AND DEMAND
DEPOSIT COMPONENTS EXCLUDE THB ESTIMATED AMOUNT OF fAULT CASH AND DBHAMD DEPOSITS, RESPECTIVELY, HELD BY
THBIFT INSTITUTIONS TO SBBVICB THBIB OCD LIABILITIES.
2/ CONSISTS OF M1 PLUS OVEBNIGHT (AND CONTINUING CONTBACT) BPS ISSUED 81 ALL COHMBBCIAL BANKS AND OVEBNIGHT BUBODOLLABS
ISSUED TO U.S. BESIDENTS BY FOBEIGN BBANCHBS OF Q.S^ BANKS UOBLDHIDB, BMDAS, SAflMGS AMD SMALL DENOMINATION
TIME DEPOSITS (TINB DEPOSITS—INCLUDING BBTAIL BPS—IN AMOUNTS OF LESS THAN $100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GBNEBAL PUBPOSB AND BROKBR/DHALBB HONEY MARKET MUTUAL FUNDS. BXCLUDBS IBA AND KBOGH
BALANCES AT DEPOSITOBI INSTITUTIONS AND HONEY MARKET FUMDS. ALSO EXCLUDES ALL BALAMCBS HELD BY U.S. COMHEBCIAL
BANKS, HONEY MABKBT tUUDS (GENERAL PUBPOSB AND BEOm/DBkLEU) 0 FOBBIGN GOfEBNMBNTS AMD COMMEBCIAL BkUKS. AND
THE U.S. GOfEBNMEMT. ALSO SUBTBACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THB ESTIMATED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THBIFT INSTITUTIONS TO SBBVICB THBIB TIME AMD SAVINGS DEPOSITS3/ CONSISTS OF H2 PLUS LABGB DENOMINATION TIflE DEPOSITS (IM AMOUNTS OF $100,000 OB HOBB) AMD TERM BP LIABILITIES ISSUED
BY COMMEBCIAL BANKS AND THBIFT INSTITUTIONS, TEBM BUBODOLLABS HELD BY U.S. RESIDENTS AT FOBBIGM BBAMCHBS OF U.S. BANKS
HOBLDUIDE AMD AT ALL BANKING OFFICES IN THE UNITED KINGDOM AMD CANADA, AMD BALAMCBS IM BOTH TAXABLE AMD TAX-EXEMPT
INSTITUTION-ONLY HONEY MARKET MUTUAL WUUDS, EXCLUDES AMOUNTS HELD BY DEPOSITOBY INSTITUTIONS, THE U.S. GOVBBNMENT, MONEY
MARKET FUNDS, AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTBACTED IS A CONSOLIDATION ADJUSTMENT THAT BEVBBStatS
THE ESTIMATED AMOUNT OF OVERNIGHT EPS AND EUBODOLLABS HELD BY INSTITUTION-ONLY HOMBY HABKBT HUTUAL FUUDS.
4/ CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TBEASUBY SECURITIES, COMMERCIAL
PAPEB AMD BANKERS ACCEPTANCES, NET OF MONEY MABKET HUTUAL FUND HOLDINGS OF THESE ASSETS.
5/ DEBT OF DOMESTIC MONFINANCIAL SECTOBS CONSISTS OF OUTSTANDING CBEDIT MABKBT DEBT OF THB UNITED STATES GOVBBNHBMT,
STATE AMD LOCAL GOVEBNMEMTS AND PBIVATE MONFINANCIAL SECTOBS. PRIVATE DEBT CONSISTS OF CORPORATE BOMDS, MORTGAGES,
CONSUMER CREDIT (INCLUDING BANK LOANS), OTHEB BANK LOANS, COMMEBCIAL PAPEB, BAMKBBS ACCEPTANCES AMD OTHBB DEBT
IMSTBUMBNTS. THE DATA ABE DEBIVED FROM THE FEDERAL RESERVE BOARD'S FLO* OF FUMDS ACCOUNTS. ALL DATA OM DEBT OF DOHKSTIC
NONFINANCIAL SECTORS ABE PRESENTED IN MONTH-AVERAGE FORM, DEBITED BY AVERAGING HOMTH-END LEVELS OF ADJACENT MONTHS. THESE
DATA HAVE ALSO BEEN ADJUSTED TO BEHOVE STATISTICAL DISCONTINUITIBS THAT HAY ARISE IN THE UNDERLYING FLOM OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFERS, THERBFOBB, FROM THE QUABTERLY FLOW OF IfUMDS STATISTICS CONTAINED
IN THE FEDEBIL RESERVE RELEASES 2.7 AND Z. 1. IN THOSE RELEASES, PUBLISHED LEfELS OF CBEDIT MABKBT DEBT ABE MEASUBBD ON
A UUABTJtB-BND BASIS AND INCLUDE DISCONTINUITIES.




COMPONENTS OF THE MONEY STOCK
Buttons of wjilm» ooaoonaity aojuotoo

Otter
Da*

C«in«ncy*

Tvavotors

dapoonV

Saving* dopooito7

*

Domand

mm*

Wittt
on*/

I

•*

at

at

mnri

total

at

at

thrift

total

Laqn inn. ,.„„„..,•
at
Hutu
total

176.7

6.2

285.0

199.6

2000.0

670.6

131.5

190.2

121.6

381.5

501.5

883.0

banks"
289.4

158.2

447.6

JOLT
AUG.
SEPT.

177.6
179.0
179.7

6.3
6.4
6.4

288.2
291.2
292.2

204.5
210.4
214.7

2017.2
2031.4
2043.2

674.5
678.4
685.7

134.0
137.5
141.1

193.3
197.2
200.3

327.4
334.6
341.4

380.0
377.0
374.1

500.9
499.6
498.1

880.9
876.7
872.2

289.5
290.1
289.9

154.9
159.3
158.7

448.3
449.4
448.4

OCT.
•Of.
DEC.

181.2
182.4
183.5

6.4
6.4
6.4

293.4
297.8

2059.3
206J.1
2069.7

681.5
684.6
689.0

145.8
150.2
154.5

204.7
208.3
211.8

350.5
356.5
366.3

370.0
365.9
364.7

494.6
491.3
488.7

864.7
B57.1
853.5

288.1

308.3

220.3
225.8
232.3

289.9
291.8

157.4
155.9
155.3

445.5
445.8
#47.1

1987-JAN.
FEB.
BAB.

186.0
187.2
187.7

6.5
6.7
6.8

305.1
300.8
299.3

240.1
242.9
245.7

2084.5
2084.0
2085.1

692.6
696.9
698.4

159.8
164.4
168.3

216.9
222.7
228.0

376.7
387.2
396.3

364.7
362.6
360.0

486.9
485.8
485.9

851.6
848.3
845.9

295.7
296.0
299.Q

154.0
tsa.3
151.1

449.7
448.2
450.1

APB.
HAT
JUNE

188.9
190.2
191.1

6.9
6.7
6.8

304.0
304.0
297.5

250.9
252.3
251.3

2088.7
2086.9
2096. 4

700.9
714.1
727.1

172.2
174.5
175.5

233.8
237.1
239.6

406.0
411.6
415.1

357.5
357.1
360.1

486.5
486.4
491.3

844.0
843.4
851.3

305.9
310.6
315.0

148.7
149.0
15Q.1

454.6
459.6
465.1

190.5
190.4
190.8
191.4
191.3

303.1
297.8
297.1
299.4
293.5

253.3
250.8
250.2
252.5
250.9

175.2
175.5
175.2
175.7
175.4

357.9
358.6
359.6
360.7
361.6

191.3
192.1

301.1
293.5

251.2
250.9

176.4
176.0

362.1
363.1

banks

1986-JUHB

•EBK ENDING
1987
JUIE

JOLT

1
8
15
22
29
6
13

P
P

j

:

311.3
313.9
315.7
315.7
315.4
312.7
315.0
I

1/

COHBEICX OOTSIOB THE U.S. TBBASUBT, FEDERAL BBSBBfB BABKS ABD fAOLTS OF COHHBBCIAL BABKS. EXCLUDES THE BSTIHATED
ABOUNT OF fAOLT CASH HBU> BI THBIFT IMSTITUTIOBS TO SEBflCB THJBIB OCD LIABILITIES.
2/ OUTSTAHDI1G ABOOUT OF O.S. DOLLAR-DBIOBIHATED TRAVELERS CHECKS OF BOBBAIK ISSUERS. TBATXLEBS CHICKS ISSUE* BI DBPOSITOBT
INSTITUTIONS ABB III CLOD ED IB DBHABD DEPOSITS.
3/ DEBAMD DEPOSITS AT COHHEBCZAL BAIKS ABD F0BEI6B BELATED IHSTITOTIOHS OTHBB THAB THOSE DOB TO DOHBSTXC BANKS, THE O.S. G0VEB9HEBT ABD FOBEIGH BABKS AMD OFFICIAL INSTITUTIONS LESS CASH ITBUS IB THE PBOCESS OF COLLECTION ABD tBDBRkL BBSBHWB FLOAT.
EXCLUDES THE BSTIHATED ABO0IT OF DEHAID DEPOSITS HELD AT COHHEBCIAL BAIKS BI THBIFT INSTITUTIONS TO SBBWICB THEIB OCD
LIABILITIES.
4/ CONSISTS OF NOB AND ATS BALANCES AT ALL DBPOSITOBI IBSTITOTIOHS, CBBDIT UNION SHARE DRAFT BALANCES AND
DEBAND DEPOSITS AT THBIFT INSTITUTIONS.
5/ SUH OF OfBBBIGHT BPS AND OTEBNIGHT BUBODOLLABS, HOBEI HABKET FUND BALANCES (GElfEBAL PUB POSE AID BBOKJB/D BALER),
BflDAS, AND SAflNGS AND SHALL TIHB DEPOSITS, LESS THE CONSOLIDATION ADJUSTHBNT THAT BBPBBSENTS THB E5TIHATBD A BOONS OF
DEBAND DEPOSITS AND YAULT CASH HELD BI THBIFT INSTITUTIONS TO SEBFICE THEIB TIME AND SAYINGS DEPOSITS LIABILITIES.
6/ SUH OF LABGB TIHB DEPOSITS, TEBH BPS AND TBfifl EURODOLLARS OF U.S. RESIDENTS, BOBEI HABKET F9UD BALANCES (INSTITUTIONONLI) 0 LESS A CONSOLIDATION ADJUSTHENT THAT REPRESENTS THB ESTIHATED AHOUNT OT OYEBNIGBT BPS AND BUBODOLLABS HELD BI
IMSIITUTION-ONLI BONEI HABKET FUNDS.
7/ SAVINGS DEPOSITS EXCLUDE flflDAS.
8/ SHALL DBNOHINATION TIHE DEPOSITS—INCLUDING BETAIL B P S — ABB THOSE ISSUED IB AHOUNTS OF LESS THAN S 100,000. ALL
INDIVIDUAL BETIBEHENT ACCOUNTS (IBA) AND KEOGH ACCOONTS AT COHHEBCIAL BANKS AND THBIFTS ABE SUBTBACTED FBOH SHALL
TIHB DEPOSITS.
9/ LABGB DEMOHIBATION TIHE DEPOSITS ABB THOSE ISSUED IN ABOUNTS OF $100,000 OB BORE, EXCLUDING THOSE BOOKED AT
' INTERNATIONAL BANKING FACILITIES.
10/ LARGE DENOHINATION TIHE DEPOSITS AT COBHERCIAL BANKS LESS THOSE HELD BI BONBI MARKET HOTUAL FUNDS,
DEPOSITOR! INSTITUTIONS AND FOREIGN BARKS AND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 4

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

Debt components4
federal debt
non-federal debt

39.8
39.8

210.7
212.6

1666.5
1694.0

5429.2
5474.3

JOLT
AUG.
SEPT.

84.3
85.3
86.4

292.6
288.7
287.9

39.0
37.3
36.9

214.5
219.7
223.9

1713.5
1727.8
1743.3

5520. 9
5591.Q
5657.4

OCT.
NOV.
DBC.

87.7
89.8
91.7

286.7
292.2
292.4

37.7
38.0
37.5

228.4
228.4
230.2

1753.8
1774.9
1804. $

5703. 4
5755.7
5*26-0

1987-JAN.

92.7
93.5
94.3

289.3
291.7
276.1

37.8
39.3
39.8

239.7
239.8
239.1

1814.8
1819.3
1tU8.2

5680.$
5909.4
5953.$

95.1
95.9

265.8
272.4

41.2
42.4

244.9
254.3

1841. 1
1864.2

6003.5
6047.0

A Pit.

MAI

3/
4/

commercial paper1

304.0
298.3

MAR.

2/

Non-M3 components of L
bankers acceptances
short-term treasury
securities'

82.7
83.5

1986-MAY
JOME

1/

savings bonds

P

CONSISTS OF U.S. TREASURY BILLS AMD COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD &M OTHER THAN DEPOSITOR*
INSTITUTIONS, FEDERAL RESERVE BANKS, HONET MARKET MUTUAL FUUDS AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY HONEY MARKET MUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DttRIffiO BY AVERAGING END-OF-MONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINOITIES.




H.6 (508)
Table 5

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

Currency

1

Travelers
checks2

Demand
deposits 3

at commercial
banks4

Nontransactions components

thrift
utions 5

total

in M2

e

in M3 only

7

Overnight
RPs8

Overnight
Eurodollars*

General
purpose and
broker/dealer
money market
funds

177.4

6.5

286.2

136.9

62.8

199.7

1998.9

667.5

49.7

16.6

197.3

JULY
AUG.
SEPT.

179.1
179.9
179.5

7.2
7.3
6.9

290.5
289.4
291.3

139.3
143.0
146.9

64.3
65.6
66.6

203.5
208.6
213.5

2020.1
2030. 6
2037.6

668.1
676.5
687.5

54.6
57.6
55.5

17.2
17.1
17.3

199.7
200.5
202.2

OCT,
HO?.
DEC

180.9
183.2
136.2

6.5
6.1
6.0

293.0
300.1
319.5

150.4
155.7
162.8

68.0
70.3
72.2

218.5
226.0
235.0

2058. 2
2062.2
2067.1

681.6
636.7
690.7

58.1
57.9
58.3

19.4
18.8
19.0

206.9
207.1
207.6

1987-JAN.
FEB.
HAJ2.

184.6
184.8
186.0

6.0
6.2
6.4

311.0
292.0
291.5

169.8
167.6
170.4

73. 1
72.7
74.6

242.9
240.3
245.1

2088.0
2086.2
2089.4

693.1
699.1
701.8

61.2
59.2
56.7

19.5
18.6

209.0
210.7
211.6

APR.
HAT
JUNE

188.0
190.1
191.9

6.4
6.5
7.1

305.8
298.9
299.0

178.5
171.6
172.9

7«.9
77.9
78.5

257. S
249.5
251.4

2090.2
2084.0
2095.0

700.4
715.3
723.8

54.4
53.3
53.0

20.7
20.7
20.2

211.8
210.3
211.3

1986-JUNE

8EEK EMDING:
1987-JUNE

JULY

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

8/
9/

1
8
15
22
29

189.8
192.6
192.2
191.8
191.1

300.5
303.8
301.6
295.6
291.1

171.8
175.9
174.7
171.7
169.0

77.9
80.6
79.6
77.7
75.9

249.7
256.5
254.3
249.4
24 4.9

53.8
53.4
54.3
51.3
53.8

21*8
19.1
19.7
20.4
21.8

212.5
213.4
212.1
210.4
209.1

6 P
13 P

195.1
194.3

311.7
301.7

174.7
174. 1

80.5
79.9

255.2
253.9

48.1
53.9

16.1
19.2

209.7
211.7

C0R82NCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AND THE VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AFL^GNT QJ VAULT CASH HELD BY THBIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AFLOUNT OF U.S. DOLLA8-5)BKOFLINAT£D TRAVELERS CHECKS OF NONBJLNK ISSUERS. TRAFELESS CFLECKS ISSUED BI DEPOSITORY
INSTITUTIONS ABE INCLUDED IN DEMAND DEPOSITS.
3EHANI> DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DUE TC DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AID
OFFICIAL INSTITUTIONS, LESS CASH ITBMS III THE PROCESS OF COLLECTION AND F.R. FLOAT, LESS THE ESTIMATED AFLOUNT OF DEMAND
DEPOSTT:, 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.
CONSISTS OF SOW AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE
DRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS.
SUM OF OVERNIGHT RPS AND EURODOLLARS, HONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), HHDAS AND SAVINGS
AND SHALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRXFT INSTITUTIONS TO SERVICE
THE IB TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TFRFL RPS AND EURODOLLARS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSTITUTION-ONLY), LBSS 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 UPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
HONEY 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 BFIOKEH/DEALER).




H.6 (508)
Table 5-continued

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

Date

Money rnarket deposit accounts
at
at
total
commercial
thrift
banks
institutions

at
commercial
banks

Savings deposits
at
thrift
institutions

1

total

Small denomination time deposits2
at
at
thrift
total
commercial
banks
institutions

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

356.0

185.1

541.0

132.5

191.2

323.6

381.0

498.5

879.5

286.7

157.6

444.3

JULI
AUG.
SEPT-

359.8
364.3
368.9

186.9
189.3
189.9

546.6
553.6
558.8

135.4
137.6
141.0

194.7
195.6
198.6

330.1
333.2
339.6

380.4
378.5
375.9

500.5
498.9
497.4

880.9
877.5
873.3

286.7
289.9
291.2

158.1
159.3
159.1

444.8
449.2
450.3

OCTNOV.
DEC.

372.6
375,9
379.0

191.9
192.8
192.4

564.4
568.7
571.4

146.4
150.3
153.8

204.8
209.0
211.8

351.2
359.3
365.6

371.3
366.7
364.4

496.1
492.8
489.8

867.3
859.5
854.2

289.3
290.6
293.2

157.8
156.0
154.9

447.1
446.7
448.1

1987-JAN.
FEB.
H*B.

381.7
378.3
378.2

192.5
192.3
192.3

574.3
570.8
570.5

159.2
162.8
167.2

2 17.1
221.8
227.9

376.4
384.6
395.1

364.4
362.1
359.6

490.0
488.3
486.1

854.4
850.4
845.8

296.9
298. 1
301.3

154.4
153.1
151.2

451.3
451.2
452.5

APR.

375.4
368.8
367.5

190.1
188.3
186.C

565.5
557. 1
553.5

172.1
174.9
176.7

233.9
237.7
240-7

406.0
412.6
417.4

*55.6
355.6
359.7

484.9
483.1
488.5

840.5
838.7
848.. 1

303.2
309.2
311.9

148.0
149.0
149.8

451.2
458.2
461.6

1986-JUHE

HAY

JUNE
WEEK ENDING
1937
JUNE

JULY

~T7
2/
3/
V

8
15
22
29

1

369.1
369.8
369.2
366.3
364.7

175.7
176.8
176.7
176.5
176.4

356. &
358*2
359.3
360.2
361.1

311.2
311.9
312.6
3)1.1
312.4

6 P
13 P

365.8
366.1

178.5
178.6

362.6
363.6

309.0
310.5

SAVINGS DEPOSITS !SXCLUDE flflDAS.
SHALL DENOHINATION TIftH DEPOSITS — INCLUDING BETAIL BPS — ABE THOSE ISSUED IN Ail00UTS OF LESS THAN 3100,000. ALL
INDIVIDUAL BETIREHBHT ACCOUNTS (IBA) AND KEOGH ACCOUNTS AT COHHEfiCIAL BANKS AND THRIFTS ABE SUBTRACTED FBOfl SHALL
TIflE DEPOSITS.
LABGE DENOHINATIOH TIRE DEPOSITS ABE THOSE ISSUED IN AMOUNTS Or $100,000 OH 30HE, EXCLUDING THOSJS BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LABGE DENOHINATION TIRE DEPOSITS AT COHHERCIAL BANKS LESS THOSS HELD BI HONRI RABKET HUTUAL F0K&S, DEPOSITORY
INSTITUTIONS AND FOREIGN 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 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
treasury
Bankers
acceptances4
securities3

Components of Debt
Commercial
paper*

Federal debt 6

Non-Federal*
debt

75.0

33.8

41.3

75. 1

79.8

83.4

296.4

39.8

215.3

1678.9

5452.8

JULY
AUG.
SEPT.

77.5
80.8
84.4

33.2
34.0
35.6

41.2
41.2
42.2

74.4
75.2
77.9

78.3
78.0
81.4

84.2
85.2
86.4

292.1
290.2
287.8

39.2
37.9
37.4

215.3
219.0
223.1

1695.6
1713.3
1734.5

S503.3
5574.0
5643.8

OCT.
NOV.
DEC

84.5
84.4
84.1

34.3
36.9
34.9

43.7
45.5
47.1

78.0
82.4
82.0

78.0
79.3
83.0

87.8
89.9
91.9

283.8
291.0
292.2

38.0
38.0
37.4

228.7
227.9
228.7

1748.6
177K7
1JB03.3

5691.9
5743.7
5819.7

19 8 7 - J AS.
FEB.
HAH.

84.0
84.7
84.9

33.4
34.5
33.9

47.8
50.4
51.0

81.2
84.9
84.9

84.8
87.6
88.2

92.7
93.5
94.3

290.1
292.9
281.8

37.8
38.9
39.3

239-3
240.4
240.2

1816.9
1826.7
1838.2

5872.8
5887.0
5921.4

APE.
HAY
JUNE

83.1
81.8
81.3

36.8
38.4
37.5

54.2
57.9
60.9

91.0
96.4
98.4

84.2
87.7
90.2

95. 1
95.8

267.6
267.6

40.5
42.2

243.8
253.6

1846.7
1857.8

5970.5
6017.3

1
8
15
22
29

82.0
81.8
81.0
81.1
81.2

38.3
38.0
37.7
37.8
36.4

6 P
13 P

81.7
82.7

38.9
34.4

1986-JDBE

MEEK

ENDING!

1987-JUNB

JOLT

1/

TERH BPS ABS THOSE W I T H O B I G I H A i . B A T U B I T I E S GfiEATER THAN ONE D A Y , E X C L U D I N G C O N T I N U I N G CONTBACTS AND R E T A I L JftPS-

IHCL UDES

A RELATIVELY SHALL AHOUNT OF OVERNIGHT BPS AT THRIFT INSTITUTIONS.
TERH EURODOLLARS ARE THOSE BITH ORIGINAL HATUBITIBS CHEATER THAN ONE DAY- CONSISTS OF THOSE ISSUED TO U.S. RESIDENTS BY
FOREIGN BRANCHES OF U.S. BANKS HORLDHIDE AND BY ALL BANKING OFFICES IN THE UNITED KIHGDOH AND CANADA. B1CL0DES THOSE HELD
BY DEPOSITORY INSTITUTIONS AND HONEY HARKET HUTUAL FUNDS.
CONSISTS OF U.S. TREASURY BILLS AND COUPONS ilTH REHAINING HATURITIBS OF LESS THAN 12 HONTHS HELD BY OTHER THAN DEPOSITORY
INSTITUTIONS- FEDERAL RESEBVE BANKS, HONEY HABKET HUTUAL FUHDS, AND FOBEIGN ENTITIES.
NET OF BANKBBS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS. FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOHB LOAN BANK SYSTEH AND HONEY HARKET HUTUAL FUNDS.
TOTAL COHHERCIAL PAPER LESS COHHERCIAL PAPER HELD BY HONEY HARKET HUTUAL FUNDS.




H.6 (508)
Table 6

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

Date

foreign
commercial
banks

I

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

total demand
deposits and
note and
FR balances

IRA and Keogh Accounts
time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

9.4

1.7

4.4

3.5

2.9

12.6

19.0

1.7

70.6

94*7

10.1

175.4

9.7
9.5
9.9

1.9
1.7
1.8

4.2
4.2
4.2

3.6
3.0
3.6

3.8
3.2
5.6

13.2
8. 1
14.6

20.6
14.2
23.8

1.7
1.7
1.8

71.0
71.J
71.5

95.4
95.1
95.2

10.2
10.2
10.5

176.6
176.7
177.2

OCT.
NOV.
DEC

10.0
9.7
9.9

1.8
2.0
1.8

4.2
4.1
4.1

3.4
3.4
3.7

3.4
3.2
3.7

11.8
11.9
15.5

18.6
18.4
22.9

1.8
1.7
1.7

71.6
72.1
72.8

95.6
95.6
96.2

10.8
10.7
10.7

178.1
178.4
179.7

1 9 8 7 - JAM.
FEB.
HAH.

10.4
9.9
9.5

1.8
1.7
1.7

4.0
4.0
4.0

3.7
3.3
3.5

9.6
5.0
3. 1

23.8
25.2
13.6

37.1
33.6
20.3

1.7
1.6
1.6

73.4
74.0
75.4

97.2
97.7
98.8

10.8
11.0
11.3

181.4
182.8
185.4

9.7
9.6
9.8

1.9
2.1
2.0

3.9
3.9
3.9

5.0
3.4
3.6

7.0
16.0
8.7

16.6
27.4
21.8

28.9
46.8
34.2

1.7
1.8
1.8

78.5
79.2
79.5

100.9
101.7e
101.6e

11. 6e
11. 7e
11. 7e

191.0e
192. 6e
192. 8e

1
8
15
22
29

9.9
9.5
9.6
9.0
10.9

2.1
2.0
2.0
2.2
1.9

3.9
3.9
3,9
3.9
3.8

3.1
3.2
4.8
3.7
2.7

7.2
4.1
2.5
12.1
16.8

27.2
17.6
15.2
26.4
27.1

37.4
24.9
22.5
42.2
46.6

6P
13 P

10.3
9.7

2.2
2.0

3.8
3.8

4.2
2.9

6.5
6.2

24.4
27.0

35.1
36. 1

1986-JUNE
JOLI
AUG.
SEPT,

APR.
HAY
JO HE
MEEK ENDING:
1987
JUNE

JULY

e = estimated




1.8
11.8
11.8

1.8
1.8
1.8
1.8