Full text of H.6 Money Stock Measures : July 3, 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
These data are scheduled for release each Thursday at 4:30 p.m.

H.6 (506)
labto 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

JULI

3 , 1986

Billions of dollars
M1

M2
M1 plus overnight RPs
and Eurodollars,

Sum of currency,
travlara checks

Date

demand deposits and
other checkable deposits1

L

M3
M2plus
large time deposits,

l i l i l l F halancM lamn our tami Dp* term FurariallArft
t^nlll Hvvf lVvlii CUIUUOIleH9

and broker/dealer), MMDAs,
and savings and small
time deposits1

and institution-only
MMMF balances'

Debt

I f 3 nlus ntrwtr

n*ht nff rtrMTw»«tir

liquid assets4

nonfinancial sectors5

Seasonally adjusted

1985—HA I
JUMB
JULI
AUG.
SEPT.
OCT.
*O¥.
DSC.

582.5
590.9
596.2
604.8
611.$
614.2
620. f
626.6

2452.0
2479.0
2496.1
2515.4
2529.5
2538.4
2550.8
2565.8

3069.3
3097.0
3112.1
3130.1
3150.2
3164.9
3180.2
3199.9

3637.1
3665.7
3683.2
3711.2
3739.2
3760.7
3798.2
3837.0

6256.5
6320.2
6389.8
6460.3
6525.3
6592.0
6680.3
6609.8

1986—JIB.
fSB.
flAfi.
APR.

627.2
63 Up
638.4
646.1
658.6

2569.0
2576.6
2591.2
2620.8
2647.0

3222.9
3239.6
3259.5
3288.6
3307.2

3859.0
3877.2
3889.7
3915.4

6914.1
6964.5
7012.6
7069.5

HAI

Not sawonalty adjusted

1985—flAI
JO ME
JULI
AOG.
SSPI.
OCT.
MOT.
DEC

1986—J A I .
FEB.
API.
HAI

576.5
592.7
599.6
602.0
609.1
612.2
621.7
639.9

2444.1
2480.7
2501-0
2510.9
2521.0
2533.7
2549.1
2573.9

3063.3
3097.0
3109.6
3126.1
3143.7
3161.9
3183.7
3212.6

3625.4
3664.8
3682.7
3708.9
3734.8
3758.3
3800.9
3843.2

6231.9
6299.3
6370.3
6441.5
6509.9
6578.4
6667.1
6803.9

633.5
619.2
630.$
652.8
651.7

2577.7
2569.9
2593.2
2630.4
2638.0

3230.6
3231.6
3259.8
3295.1
3300.5

3864.2
3869.6
3893.8
3925.5

6907.$
6945.2
6985.6
7040.9

Ml

1986-flAI

J01B

•OK:

Not seasonally adjusted

Seasonally adjusted

For period ended

5
12
19
26

640.0
641.9
644.1
646.1

647.5
651.2
654.5
657.5

654.6
656. 1
658.9
660.6

636.1
638.3
640.9
643.1

652.6
651.6
650.3
e>50.7

653.9
653.1
652.8
642.9

2
9
16 P
23 P

648.5
650.8
653.0
655.1

659.7
662.4
664.7
666.2

663.1
666.9
668.2
666.4

645.9
649. 1
652.4
655.2

651.8
657.6
663.1
667.7

65*. 4
676.3
674.7
661.4

SPECIAL CA0TIO1 SMO0LD B£ IAIJU XV I 1 T U P U T I I 6 I1U*TO-IJUK C14I61S I I i O i l l 50PPi.f DktA0 • IXCII A&£
1XGHLT I0LATXU AID SUBJECT TO I I f I SI OI.
P— X1BXCATSS tUMLlBlMAUJ DATA.
FOOTBOTtt APPXA1 Of TH1 FOLLOHXIC PAGE




H.6 (508)
Table 2

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

M1

M2

M3

Debt1

3 HONTHS FHOH PEB.

1986 TO HAY

1986

17.5

10.9

8.3

9.0

6 MONTHS FBOH HO?.

19ti5 TO HAY

1986

12.4

7.5

8.0

14.5

1985 TO HAY

1986

U.I

8.0

7.8

14.2

12 MOUTHS FBOH HAY

THIBTEEM HEEKS ENDING JOME 23, 1986
FBOH THIBTBEN SEEKS EMDIMG:

1/

1/

2/

3/

4/
5/

HAB.

24, 1986 (13 VEEKS PiLBflOOS)

15.0

DEC.

23* 1985 (26 VEEKS PBBYIOOS)

11.6

JOME

24, 1985 (52 VE£KS PBSVIOUS)

12.6

GROWTH BATES FOB DEBT ABE BASED Ol PSBIODS BEGINNING AND EMDIMG OME HOVTfl BABLXEB THAM FOB THE HOHETABY AGGREGATES,
NAHELY, JANUABY 1986 TO APBIL 1986, OCTOfiEB 1985 TO APBXL 1986, AMD APHIL 1985 TO APRIL 1986, BBSPBCTIVBLY.
FOOTNOTES TO TABLE 1
CONSISTS OF (1) C0BBENC1 OUTSIDE THE TBEASUBY, FEDERAL BESSBVS BANKS, ANA THE VAULTS OF COHHEBCIAL BANKS;
(2) TBAYELSBS CBECKS OF MOMflAMK ISSUERS; (3) DEMAND DEPOSITS AT ALL COMM1BCIAL BANKS OTHEB THAU THOSE DOE TO
DOMESTIC BANKS, THE U.S. GOYEBNHENT, AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEHS IN THE PBOCESS
OF COLLECTION AND FEDERAL RESERVE FLOAT; AND (4) OTHEB CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE OBDEB
OF WITHDRAWAL (MOM) AND AUTOMATIC TBANSFEB SERVICE (ATS) ACCOUNTS AT DEPOSITORY INSTITUTIONS,
CBEDIT UNION SHARE DRAFT ACCOUNTS AND DEflAMD DEPOSITS AT THBIFT INSTITUTIONS. THE CUBBENCY AND DEMAND
DEPOSIT COHPONENTS EXCLUDE THE ESTIMATED AHODNT OF VAULT CASH AND DEMAND DEPOSITS, BESPKCTIYBLY, HELD BY
THBIFT INSTITUTIONS TO SEBVICE THEIR OCD LIABILITIES.
CONSISTS OF H1 PLUS OVSBNIGHT (AND CONTINUING CONTRACT) BPS ISSUED BY ALL COHHEBCIAL BANKS AND OVEBNIGHff BUBODOLLABS
ISSUED TO U.S* BESIDENTS BY FOBEIGN BBANCHES OF U.S. BANKS WORLDMIDE, MMDAS, SAVINGS AND SHALL DEMOMIMATIOM
TIHE DEPOSITS (TIHB DEPOSITS—INCLUDING BETAIL B P S — I N AHOUMTS OF LESS THAN $100,000), AND BALANCES XN BOTH
TAXABLE AND TAX-EXEMPT GENEBAL PURPOSE AND BROKER/DEALER HONEY HABKST MUTUAL FUNDS. EXCLUDES IBA AND KEOGfl
BALANCES AT DEPOSITOBY INSTITUTIONS AND MONEY HABKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. COHMEBCIAL
BANKS, HONEY HABKET tUUDS (GBNEBAL PURPOSE AND fiBOKEB/DSALEB), FOBEIGN GOVERNMENTS AND COHHEBCIAL BANKS, AND
THE U.&. GOYEHMHENT. ALSO SUBTBACTSD IS A CONSOLIDATION ADJUSTHENT THAT BEPBESENTS THE ESTIMATED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THBIFT INSTITUTIONS TO SEBVICE THEIR TIHE AND SAYINGS DEPOSITS.
CONSISTS OF H2 PLUS LARGE DEMOMIMATIOM TIHE DEPOSITS (IN AHOUNTS OF 5100,000 OB MORE) AND IKRM BP LIABILITIES ISSUED
BY COHHEBCIAL BANKS AND THRIFT INSTITUTIONS, TEBH EURODOLLARS HELD BY U.S. BESIDENTS AT FOBEIGN 4HAMCHES Oi 0.$. BANKS
WORLDWIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOfl AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT
INSTITUTION-ONLY HONEY HABKET MUTUAL FUNDS, EXCLUDES AHOUNTS HELD BY DEPOSITOBY INSTITUTIONS, THE U.S. GOVBBNHEJT, HONEY
HABKET FUNDS, AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTHENT THAT BBPBESENTS
THE ESTIHATBD AHOUNT OF 01KBMIGHT BPS AND EURODOLLARS HELD BY INSTITUTION-ONLY HONEY HABKET MOtUAL fVUDS.
CONSISTS OF MJ PLUS THE NONBANK POftLIC HOLDINGS OF U.S. SAVINGS BONDS, SHOBT-TKRM TBEASUBY SECURITIES, COMMERCIAL
PAPSB AND BANKEBS ACCEPTANCES, NET OF HOMEY HABKET MUTUAL FUND HOLDINGS OF THESE ASSETS.
DEBT OF DOMESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CBEDIT MARKET DEBT OF THE UNITED STATES GOVBBMHEMT,
STATE AND LOCAL GOVEBNHENTS AND PRIVATE NONFINANCIAL SECTOBS. PRIVATE DEBT CONSISTS OF CORPORATE BONDS, MORTGAGES,
CONSUHEfi CREDIT (INCLUDING fiANK LOANS), OTHEB BANK LOAMS, COMMERCIAL PAPSB, BAMKEBS ACCEPTANCES AND OTHEB DEBT
INSTBUHSNTS. THE DATA ABE DERIVED FBOH THE FKDEKAL RESERVE BOARD*S FLOH OF FUUDS ACCOUNTS. ALL DATA ON DEBT OF DOMESTIC
NOMFIMAMCIAL SECTORS ABE PRESENTED IN HOMTH-AVKRAGB FOBM, DERIVED fir AVERAGING HONTH-ENi) LEVELS OF ADJACENT HONTHS. THE
DATA HAVE ALSO BEEN ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT HAY ABISS IN THE UNDERLYING FLOH OF WUUDS STATISTICS.
THE PBfcSENTATION OF DE&£ DATA IN THIS HELEkSE DIFFERS, THEREFORE, FBOH THE QUARTERLY FLOH OF POUDS STATISTICS CONTAINED
IN THE FEDERAL RESERVE BELEASES Z. 7 AMD Z.I. IM THOSE RELEASES, PUBLISHED LEVSLS OF CBSDIT HABKET DEBT ABE HSASUBED ON
A UUABTEfi-END 0ASIS AND XNCLUDE DISCONTINUITIES.




He <x«

COMPONENTS OF THE MONEY STOCK
O i l t c f d nontranasctloos Itaros

Oltar
oa»

Cynvney*
of****

Damand
atpotnt*

cnackabto
ospoafts4

oomaonsnts
JnftfB
anh/

.

Bavtnoa dsposits
at

! mm*

If Will

i

Lan a tlma oapaaftts"

SfTtaM tlfflS OaDOSltS^

at

•t
total

at
tfvtft

total

tanks

tanks

at
t*rm
tanks" Institutions

at

total

163.2
164.4

5.5
5.7

255.4
259.0

158.4
161.8

1869.5
1888.1

617.3 j
618.1

i2i.2
122.1

169.6
171.5

290.8
293.6

387.7
387.6

501.8
50.4.6

889.5
690.3

269*3
267.3

155.7
155.4

425.0
422.7

JOLT
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
1918.0

616.0 j 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

888.0
880.9
878.3

264.0
266.9
270.6

154.3
154.1
155.1

416.3
421.0
425.6

OCT.
not.
DBC.

168.7
169.8
170.6

5.9
5.9
5.9

266.0
267.8
271.5

173.7
176.7
178.6

1924.2
19J0.6
1939.2

626.5
629.4
634.1

124.4
124.8
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
676.0
880.3

273.9
276.7
279.1

155.9
156.3
157-3

429.7
432.9
436.5

1986-JAN.
FB8.
HAR.

171.9
172.9
173.9

5.9
5.9
6.1

268.9
269.2
273.2

180.5
183.1
185.2

1941.8
1945.6
1952.8

6*3.9
663.0
668.3

124.7
12S.0
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

665.9
891.0
894.7

289.7
291.5
287.1

158.2
159.7
163.4

447.9
451.2
450.4

APB.
HAI

174.4
175.8

6.1
6.1

275.7
281.6

189.9
195.1

1974.7
1988.5

667.8
660.2

126.6
128.9

184.9
189.7

311.5
318.6

387.9
384.8

508.2
506.4

896.2
691.2

287.0
281.4

165.0
164.8

452.0
446.2

1985-HAY
JUNE

BBBK B i D I I G
1986
BAY

JUNE

1/
2/
3/

4/
5/
6/
7/
8/
9/
10/

5
12
19
26

175.3
175.5
175.7
176.2

280.6
280.1
281*9
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

2
9
16 P
23 P

176.3
176.5
176.8
176.8

284.1
285.9
286.0
284.5

196.6
198.4
199.4
199.0

129.7
130.4
130.7
131.1

383.0
382.0
381.7
381.4

279.1
279.4
281.5
282.0

CUBBKBCY OUTSIDE TBB U . S . TREASURY, FEDERAL UESEM^E BABKS AMD fAOLTS Of COflBERCIAL BABAS.
BICLVDBS THE BSTIflATEO
AflOUBT OF VAULT CASB HELD BI THRIFT INSTITUTIONS TO SERVICE TttEIR OCD L I A B I L I T I E S .
OUTSTABDIBG ABOOBT OF U . S . DOLLAR-DENOMINATED TRAfBLERS CHECKS OF 10IBAUK I S S U E R S . TRAfELERS CHECKS ISSUED BT DEPOSITOR!
INSTITUTIONS ARE INCLUDED I B DEBABD DEPOSITS.
DEHABD DEPOSITS AT COBBERCIAL BABKS ABD FOREIGN BELATED INSTITUTIONS OTHER THAI THOSE DOB TO DOMESTIC BANKS, THE OLS. GOIBRNBEHT ABD FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITBUS I N THE PROCESS OF COLLECTION AND FEDERAL RBSBRTB FLOAT.
EXCLUDES THE ESTIMATED ABOONT OF DEflAND DEPOSITS HELD AT COBBERCIAL BANKS BX THRIFT INSTITUTIONS TO SXR11CR THEIB OCD
LIABILITIES.
CONSISTS OF NOB AMD ATS BALANCES AT ALL DEPOSITOBT INSTITUTIONS, CBBDIT UNION SHARE DRAFT BALANCES AND
DEBAND DEPOSITS AT THRIFT INSTITUTIONS.
OTHER CHECKABLE DEPOSITS SEASONALLI ADJUSTED EQUALS THE DIFFERENCE BETBBBN TBB
SEASONALLY ADJUSTED SUB OF DEMAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEflAND DEPOSITS.
SOB OF OfERNIGHT RPS AND OVERNIGHT EURODOLLARS, HUME I MARKET FUND BALANCES (GENERAL PURPOSE AND BROKBR/DBALJUt) ,
HMDAS, ABD SAflNGS ABD SBkLL TIHE DEPOSITS, LESS THE CONSOLIDATION ADJUSTHENT THAT BEPRHSEBTS THE ESTIMATED AMOOM* OF
DEMAND DEPOSITS ABD fAULT CASH HELD BY THRIFT INSTITUTIONS TO S B B f l C B THEIR TIHE ABD SAVINGS DEPOSITS L I A B I L I T I E S .
SUM OF LABGB TIHE DEPOSITS, TERM RPS AND TERB EURODOLLARS OF U . S . RESIDENTS* MONEY MARKET FUND BALANCES (INSTITUTIONOMLI), LESS A CONSOLIDATION ADJUSTHENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OfEBNIGHT BPS AND EURODOLLARS HELD BY
INSTITUTION-ONLY HOMEY MARKET FUNDS.
SAVINGS DEPOSITS EICLODB HHDAS.
SMALL DENOMINATION TIHE DEPOSITS—INCLUDING RETAIL E P S * - ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $ 1 0 0 , 0 0 0 . ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND K£OGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ARB SUBTRACTED FROM SJJALL
TIRE DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARB THOSE ISSUED IN AMOUNTS OF $ 1 0 0 , 0 0 0 OR MORE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOMINATION TIHE DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY HONBI HARKBT MUTUAL FUNDS,
DEPOSITORY INSTITUTIONS AND FOREIGN BANKS AND 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
bankers acceptances 2
short-term treasury
securities1

commercial paper 1

Debt components 4
federal debt
non-federal debt

75.7
76.1
76.5

275.6
27o.8

47.5
46.3
*4.5

167.7
168.6
165.7

1423.4
1442.0
1459.3

4769.4
4814.5
4*4»0.9

JULY
AUG.
SEPT.

76.7
77.2
78.0

279.2
277.3
260.6

43.7
43.6
43.2

171.6
182.9
187.2

1479.5
1496.7
1506. p

4910.3
4963.6
5018.8

OCT.
MOV,
DJ3C.

78.5
79.0
79.5

«*d0.9
299.5
307.1

43.9
43.1
41.1

192.5
196.4
209.5

1518.Q
1549.0
1546.3

5074.0
5131.2
5223.5

1*tf6-JAN.
a An.

79.9
80.5
81.1

304.1
30:>.9
29B. 0

41.5
42.1
41.6

210.6
209.2
209.5

loOd. 0
1621.1
1628.2

5306.1
534.3.5
5384.4

APE. P

81.8

301.Q

41.0

203.0

1638.8

5430.6

X*35-APR.
«AY
JUN£

CONSISTS OF U . S . THEASUkX BILLS AND COUPONS HITti BRAINING fl AT UNITIES OF LhSS THAU 12 flONtttS HELP tit OTaJSH TttAM D&POSITOKI
IL6TITUTI0MS, FSDSBAL RZSEUVll BkMKS, HOUEI &ktH£T HUTUAL FUNDS AND FOHKIGM KWTITIfiS.
>•<•;> OF BkHKE&S ACC£PTAVC£S HKLD BY ACCKPTIKG *AU&St F£D£i^AL *£S£fty£ BANKS, FG&&1GU OFFICIAL INSXITOTIONS, Ttt£ F£D£fiAL
hOH£ LOAN BANK SYST£H AND H0NJ2Y AAfiKET H0TUAL tVHDSTOTIL COflHEfiCIAL PAP£fi L&SS COHSEfiClAL PAP EH a t Li) o l flGULX HAKK£T HUT UAL FUNDS.
UhBT DATA Afi£ ON A HONTULY AVKMAGK BASIS, DtdtVLD HX AVERAGING £JU>-OF-BONXU LEVELS OF ADJACiiNY HONTMS, AND WAV* *££N
ADJUST£D TO &£flOV£ DISCONTINUITIES,




H.6 (508)
Table 5

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

Currency1

Travelers
checks 2

Demand
deposits3

at commercial
banks4

at thrift
institutions8

Nontransactions components
total

inM2*

in M3 only7

Overnight
RPs^

Overnight
Eurodollars9

General
purpose and
broker/dealer
money market
funds

163.1
165.1

5.4
5.9

251.0
259.4

110.5
113.9

46.5
48.4

157.0
162.2

1867.6
1888.0

619.3
616.3

48.5
48.1

12.8
U.7

172.2
175,4

JULY
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.
90?.
DEC.

168.4
170.7
173.1

5.9
5.6
5.5

265.6
269.0
281.3

119.8
122.6
125.9

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-JAN.
FEB.
BAB-

170.5
170.6
172.3

5.5
5.6
5.8

275.1
262.0
267.1

128.1
126.8
129.3

54.3
54.2
56.0

182.4
181.0
185.3

1944.2
1950.7
1962.8

652.9
661.6
666.6

49.2
51.«
50.1

18.8
16.1
16.3

177.7
181.0
186.2

APR.
HAY

173.6
175.8

5.8
5.9

278.6
276.7

134.8
132.8

59.9
60.6

194.7
193.4

1977.6
1986.3

664.6
562.5

49.5
49.6

17.4
16.7

191.4
193.4

1985-tUI
JUNE

SEEK ENDING:
1986-HAY

JO ME

5
12
19
26

174.9
176.1
175.6
175.8

279.7
277.2
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
15.5
16.1
17.1

190.0
191.9
193.2
195.9

2
9
16 P
23 P

175.6
178.4
177.7
177.0

281.5
288.8
288.8
280.4

134.0
138.7
138.0
135.2

61.3
64.3
63.9
62.3

195.3
203.0
201.9
197.5

52.4
46.1
46.6
46.9

18.1
14.6
14.3
15.4

195.7
196.4
198.3
199.1

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

CUBRBNCY OUTSIDE THE U.S. TREAS0BI, FEDERAL UES&&1B BANKS AMD THE fAOLTS OP COMMERCIAL BANKS. EXCLUDES TUB ESTIMATED
AHODNT OF VAULT CASH BELD BI THBIFI INSTITUTIONS TO SERVICE THEIR OCO LIABILITIES.
OUTSTANDING AHOUNT OF U.S. DOLiAB-DBNOHIHATBD THATELERS CHBCKS OF NOBBANK ISSUERS. TRAVELERS CHECKS ISSUED BX DEPOSITORI
INSTITUTIONS ABE INCLUDED IN DBBAND DEPOSITS.
DEMAND DEPOSITS AT COHHERCIAL BANKS OTHER TUAN THOSE DOB TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITBHS IN IBB PBOCESS Of COLLECTION AND F.B. FLOAT, LESS THE BSIIHATBD AHOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BI THRIFT INSTITUTIONS TO SERVICE TUSIB OCD LIABILITIES.
CONSISTS OF NOB AND ATS BALANCES AT COMMERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOBEIGN BkHKS0 AND EDGE ACT
COBPONATIONS.
CONSISTS OF NOH AND ATS BALANCES At SAVINGS. AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CBBDIT UNION SHARE
DRAFT BALANCES, AND DEHAID DEPOSITS AT THRIFTS.
SUB OF OVERNIGHT EPS AND BUBODOLLABS, HONEY MARKET FUND BALANCES (GENERAL PUBPOSB AND BROKER/DEALER), MM DAS AND SAVINGS
AND SHALL TIHB DEPOSITS LESS THE ESTIMATED AHOUNT OF DEHAND DEPOSITS AND VAULT CASH HELD BX THRIFT INSTITUTIONS TO SEBVICE
THEIR TIRE AND SAVINGS DEPOSIT LIABILITIES.
SUH OF LARGE TIHE DEPOSITS, TEBH BPS AND EUBODOLLAHS OF U.S. BESIDENTS, HONEI HABKET FUND BALANCES (INSTITUTION-ONLT), LESS A
CONSOLIDATION ADJUSTHENT THAI BEPBESENTS THE ESTIflATED AHOUNT OF OVERNIGHT KPS AND EUBODOLLABS HELD BX INSTITUTION-ONLI
HONEY MARKET MUTUAL F0HDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT UPS ISSUED BI COHHEBCIAL BANKS TO OTHER THAN DEPOSITOR! INSTITUTIONS AND
HONEY HABKET MUTUAL FUNDS (GENERAL PURPOSE AND bHOKER/DEALEH).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS BORLDHIDE TO U^S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE ANU BROKER/DEALER).




H.6 (508)
Table 5-continued

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

Date

Money market deposit accounts
at
at
thrift
total
commercial
institutions
banks

at
commercial
banks

Savings depositsi
at
thrift
institutions

total

Small denomination time deposits2
at
at
thrift
total
commercial
institutions
banks

Large denomination time deposits9
at
at
thrift
commercial
total
4
banks
institutions

298.4
307.5

168.0
170.6

466.4
478.1

121.8
123.2

170.4
172.2

292.2
295.4

385.2
386.5

498.2
499.9

883.5
886.3

268.5
265.5

155.1
154.9

423.6
420.4

JULY
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

174.6
174.9
175.4

298.9
298.9
299.1

386.5
385.3
385.1

500.6
497.1
495.4

887.1
882.5
880.5

263.0
267.5
272.6

153.1
153.9
155.1

416.1
421.4
427.6

OCT.
MOV.
DEC.

324.3
329.2
332.4

179.8
180.3
179*6

504.1
509.5
512.0

124.6
124.3
123.5

178.3
179.0
178.3

302.9
303.3
301.8

384.8
384.2
384.8

496.5
496.4
497.6

881.3
880.7
882.5

276.3
278.2
280.9

156.2
157.1
157.8

432.6
435.3
438.7

1986-JAN.
FEB.
BAB.

336.7
337.0
340.3

179.0
179.4
180.2

515.7
516.3
520.5

123.9
12J.6
124.9

178.8
179.1
181.6

302.7
302.7
306.5

386.5
387.1
387.2

502.6
504.6
504.6

889.1
891.7
891.8

288.6
290.4
287.6

159.0
160.7
163.2

447.6
451.0
450.8

APE.

344.7
348.5

180.4
182.1

525.1
530.6

127.2
129.5

185.6
190.5

313.0
320.0

384.4
382.2

505.4
502.5

869.9
684.7

283.5
280.7

164.0
164.3

447.5
445.0

1985-11 <U
JUNE

nil
WEEK ENDING
1986
HAT

JOSE

1/
2/
3/
4/

5
12
19
26

344.5
346.4
348.9
350.4

128.1
129.0
129.6
130.1

383.4
382.8
382.2
381.6

280.6
280.6
280.8
281.4

2
9
16 P
23 P

352.2
354.7
355.8
354.8

130.5
131.8
132.1
132.2

381.2
380.9
380.6
380.2

279.7
278.5
279.2
278.9

SAYINGS DEPOSITS EXCLUDE flHDAS.
SHALL DENOMINATION TIHE DEPOSITS — INCLUDING BKTAIL RPS ~ ABE THOSE ISSUED IN AMOUNTS OF L&SS THAN $100,000. ALL
INDIVIDUAL BETIBfcHENT ACCOUNTS (IBA) AND KJ50GH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ABE SUBTRACTED FROM SHALL
TIME DEPOSITS.
LARGE DENOMINATION TIMS DEPOSITS ABB THOSE ISSUED IN AMOUNTS OF $100,000 ORflOfiE,EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (LUFS).
LABGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY HONEY MARKET MUTUAL FUND5, 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 •••tonally adjusted
TermRPs1
Date

Institution
only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars1

Savings
bonds

Non M3 Components of L
Short-term
treasury
Bankers
acceptances4
securities'

Commercial
paper*

Components of Debt
Federal debt9

Non-Federal*
debt

63.5
67.1

31.2

2b. ^

3L«

25.7

57.7
57.1

80.$
78.2

76.1
76.5

271.6
279.6

45.7
43.9

168.8
167.9

1443.8
1457.9

4841.4

JULI
AUG.
S£PT.

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

4894.5
4945.7
5003.0

OCT.
MOV*
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
5122.9
5220.2

1 9 8 6 - JAM.
FEB.
MAR.

67.3
67.7
70.2

33.1
35.1
36.3

35.1
34.7
J4.3

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
20*- 8
207.9

1606.7
1621.0
1633.3

5300.8
5J24.2
5352.3

APR.
HAY

74.1
76.1

34.6
34.3

34. 1e
34. 1«

68. 7«
68.4c

80.7
79.9

81.8

303.6

39.9

205.2

1644.6

5396.2

5
12
19
26

75.5
76.2
75.9
76.7

35.6
34.6
34.8
34.1

2
9
16 P
23 P

76.0
75.4
75.1
74.7

32.6
31.8
32.5
33.3

1985-MAY
JONS

4788.1

MBB& BNDINGS
1986-HAI

JO MB

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

TEAR BPS ARE THOSE ilTfl ORIGINAL HAT0RITIES GREATEB THAN OM£ DAI, EXCLUDING CONTIMOIMG CONTRACTS AND RETAIL RPS. INCLUDES
A RELATIVELX SHALL AHOOMT OF OfERKIGHT RPS AT THRIFT INSTITUTIONS.
TKRfl EURODOLLARS ARE THOSE WITH ORIGINAL 1IATURIT1BS GREATER THAN ONE DAY. CONSISTS OP THOSE ISSUED TO U.S. RESIDENTS BI
FOREIGN BRANCHES OF U.S. BANKS NORLDUIDE AND bY ALL BANKING OFFICES IN THE UNITED KIIGDOA AND CANADA. EXCLUDES THOSE HELD
6T DEPOSITOR! INSTITUTIONS AND SOUEl MARKET HUT0AL FUNDS.
CONSISTS OF U.S. TREASURI BILLS AND COUPONS WITH RSHAINING flATURITIES OF LESS THAN 12 HONTHS HELD BI OTHER THAN DEPOSITORY
INSTITUTIONS, FEUEBkL RESERVE BANKS, HONE! HAKK£T MUTUAL FUNDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BI ACCEPTING BANKS, FEDERAL RESERfE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SISTEB AND HONET MARKET MUTUAL FUNDS.
TOTAL COflflERCIAL PAPER LESS COfiflERCIAL PAPER HELD BX HONEY MARKET MUTUAL FUHDSm
DEbT DATA ABE ON A MONTHLY AVERAGE BASIS, D£fcIV£D BI AVERAGING END-OF-HONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
TO RKMOVE DISCONTINUITIES.




H.6(508)
Table 6

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

IRA and Keogh Accounts

U.S. government deposits

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

demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

note balances
at commercial
banks
and thrift
institutions

total demand
deposits and
note and
FR balances

time
and savings
deposits at
commercial
banks

foreign
commercial
banks

foreign
official
institutions

8.0
8.0

2.1
2.0

8.3
8.3

3.1
3.4

6.7
2.8

17.8
11.4

27.6
17.7

1.2
1.2

55,1
55.9

71.9
73.4

8.6
8.4

135.6
137.7

JDLI
AUG.
SEPT.

8.1
7.8
8.1

1.9
2.0
2.1

8.3
8.2
Q.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

1.2
1.3
1.3

56.7
57.4
57.8

75.3
76.8
7tt. 1

8.5
8.4
8.3

140.4
142.6
144.3

OCT.
KOV.
DEC

8.3
8.1
8.5

1.9
2.1
1.9

8.3
8. 4
8.3

3.0
3.0
3.4

3.1
2.9
3.4

2.4
4.6
11-1

8.5
10.7
17.9

1.3
1.3
1.4

58.2
58.7
59.2

79.0
79.5
80.9

8.4
8.4
8.3

145.7
146.6
148.4

1986-JAM.
FEB.
BAR.

8.8
8.3
8.4

2.0
1.9
1.6

8.0
7.8
7.6

J.6
3.2
3.3

10.5
7.5
3.4

20.5
21.0
12.4

34.5
31.7
19.2

1.3
1.4
1.4

60.7
b2.S
64.2

81.9
82.9
86.4

8.6
8.7
9,0

151.2
154.2
159.5

APR.
HAY

8.7
8.8

1.9
1.8

7.5
7.4

4.2
3.0

3.7
4.8

13.6
18.7

21.5
26.5

1.5
1.5

68.4
69.5

90.1
91.2

9.8
9.9e

168.2
170.6e

5
12
19
26

8.9
8.5
8.8
8.7

11.8
11.7
1.8
1.7

7.5
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 P
23 P

9.1
8.7
8.6
8.9

11.9

7.3
7.3
7.3
7.3

2.3
3.2
4.7
3.5

3.4
2.3
2.6
3.8

10.8
3.7
2.7
14.2

17.2
9.2
9.9
21.4

11.6

Date

1985-HAI
JUME

HEEK BUDIHG:
1986
flAT

JUIE

estimated




11-8
11.7
1.9

1.6
1.7
1.7

commercial
banks

thrift
institutions

money
market
mutual funds

total