Full text of H.6 Money Stock Measures : July 30, 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

JULY

Billions of dollars
M1

M2

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

Date

M3
M2 plus
large time deposits,
MMMF balances (gen. pur. term RPs, term Eurodollars
and broker/dealer), MMDAs,
and institution-only
MMMF balances3
and savings and small
time deposits2
Seasonally adjusted

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors'*

M1 plus overnight RPs
and Eurodollars,

2736.3
2760.7
2775.4
2800.1

3338^1
3368.3
3396.8
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
74»30. 4

737.7
737.4
739.5
750.3
753.1
746.7

2822.2
2821.5
2824.7
2839.1
2840.1
2843.2

3514.7
3518.4
3523.1
3540.0
3554.2
3570.1

4174.1
4182.6
4172.4
4187.0
4219.1

7695.3
772*.6
7781.7
7844.6
7911.3

1986—JUHE
JULY
AUG.
SEPT.
OCT.
NOV.
DSC

669.8
680.4
685.2
691.2
698.9
715.4
746.5

2668.7
2700.4
2715.8
2728.8
2757.1
2777.7
2813.6

333bm2
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

1987—JAM.
FEB.
MAR.
APR.
HAY
JUME

744.4
723.3
728.9
757.6
745.0
749.2

2832.4
2809.5
2818.4
2847.7
2829.0
2844.3

3525.5
3508.7
3520.2
3548.1
3544.4
3568.0

4185.5
417*.4
4175.7
4195.0
4203.6

7649.7
7713.7
7759.7
7817.2
7tt7i>. 1

1986—JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC.

701.4
712.4
730.5

1987—JAM.
FEB.
MAR.
APR.
HAY
JUME

667.5
676. 6
687.0
693.1

30, 19*7

2667.5
2693.8
2718.4

Not seasonally adjusted

M1
For period ended
13-week average
1987-JUNE

JULY

NOTE:

Seasonally adjusted
4-week average

1
8
15
22
29

748.0
748.4
748.8
749.5
749.8

754.2
752.8
750.5
748.6
745.8

6
U P
20 P

750.5
750.6
749.9

747.0
746.6
746.2

Not seasonally adjusted
L

week average

13-week average

753.6
745.7
744.8
750.1
742.5

4-week average

week average

744.2
746.0
747.8
749.4
750.3

744.0
747.0
749.3
751.3
748.3

746.5
759.6
755. 1
744.0
734.4

750.4
743.5
748.3

751.5
751.4
749.7

750.8
751.4
753.1

769. 5
757. a
750.6

SPECIAL CAUTION SHOULD M TAKEN IN INTERPRETING 1IEEK-T0-MEEK CHANGES IN HONEY SUPPLY DATA, MHICH ARE
HIGHLY VOLATILE AND SUBJECT TO REVISION.
P--INDICATES PRELIMINARY DATA.
APPEAR ON THE FOLLOHING 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 MONTHS FBOH HAH.

1987 TO JUNE

1987

3.9

2.6

5.3

9.5

6 MONTHS PBOH DEC.

1986 TO JUNE

1987

4,4

3. 1

4.6

10.1

12 HONTHS FBOH JOME

1986 TO JUNE

1987

11.9

6.6

7.0

11.5

THIBTEEM SEEKS ENDING JULX 20, 1987
FHOB THIHTEBN WEEKS ENDING:

1/

1/

2/

V

4/
5/

APB.

20, 1987 (13 WEEKS PfiEVIOUS)

5.4

JAN.

19, 1987 (26 ME&KS PREVIOUS)

7.4

JUL¥

21, 1986 {52 flEEKS PREVIOUS)

12.8

GBOWTH BATES FOB DEBT ABE BASED ON PERIODS BEGINNING AND ENDING ONE HONTH EA&LISB THAN FOB THE HONETABX AGGREGATES,
NAHSLX, FEBBOABI 1987 TO HAI 1987, NOVEHBEB 1986 TO HAI 1987, AND HAT 19 86 TO HAI 1987, RESPECTIVELY
FOOTNOTES TO TABLE 1
CONSISTS OF (1) CUBBSNCI OUTSIDE TME TBEASUHX, FEDERAL &ESEUVE BAIIKS, AND THE VAULTS OF COMMERCIAL BANKS;
(2) TBAVSLEBS CHECKS OF HONBANK ISSUERS; (3) DSBAND DEPOSITS AT ALL COMMERCIAL BANKS OTHER THAN THOSE DUE TO
DOMESTIC BANKS, THE U.S. GOVERNMENT, AND FOBEIGN B A M S AND OFFICIAL INSTITUTIONS LESS CASH ISHflS IN THE PBOCESS
OF COLLECTION AND FRD&ELAL B3S2BYE FLOAT; AND (4) OTH1B CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE ORDER
OF WITHDRAWAL (NOi) AND AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DJ&PQSITOHX INSTITUTIONS,
CBEDIT UNION SHABE DRAFT ACCOUNTS AND DEMAND DEPOSITS kt THBIFT INSTITUTIONS. THE CURRENCY AND DEHAND
DEPOSIT COflPONEBTS EXCLUDE THE ESTIMATED AHOUNT OF VAULT CASH AND DEHAND DEPOSITS, RESPECTIVELY, HELD BX
THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF B1 PLU- OVEBNIGHT (AND CONTINUING CONTRACT) BPS ISSUED BX ALL COHHJSBCIAL BANKS AND OVERNIGHT EURODOLLARS
I^SCiSD TO U.S. RESIDENTS BX FOBEIGN BBANCHES OF U.S. BANKS WORLDBIDE, HHDAS, SAVINGS AND SHAJJ. DENOMINATION
Tlfl* DEPOSITS (TIHE DEPOSITS—INCLUDING RETAIL B P S — I N AHOUNTS OF LESS THAN $100,040), AND BALANCES IN BOTH
TAXABLE AND TAX-EXBHFT GENEHAL PURPOSE AND BROKER/DEALEB HONBI BASKET MUTUAL FUNDS. E X C L U D E IBA AND KJSOGH
BALANCES AT DEPOSITOBI INSTITUTIONS AND HONEX flARKET FONDS. ALSO EXCLUDES ALL BALANCES HELD BX U.S. COMMERCIAL
8AKXS, MONBX HAHKET FUNDS (GENERAL P OH POSE AND UilOKBfi/DEALER), FOREIGN GOVEBNHENTS AND COMMERCIAL BANKS, AND
THE U.S. GOVEBNHENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT BEPRESBNTS THE ESTIMATED AMOUNT
OF DEflAND DEPOSITS AND VAULT CASH HELD BX THRIFT INSTITUTIONS TO SERVICE THEIR TIHE AND SAVINGS DEPOSITS.
CONSISTS OF (U PLUS LARGE D2H0HINATI0N TIBE DEPOSITS (IN AHOONTS OF $100,000 OB HOBE) AND TERfl BP LIABILITIES ISSUED
BX COHHERCIAL BANKS AND THBIFT INSTITUTIONS, TEBH EURODOLLARS HELD BX U-S- RESIDENTS AT FOBEIGN BRANCHES OF U.S. BANKS
WORLDWIDE AND AT ALL BANKIN6 OFFICES IN THE UNITED KINGDOH ABD CANADA, AJ1D BALA*CSS IN BOTH TAXABLE AND TAX-2UHPT
INSTITUTION-ONLX HONEX HAHKET HOTUAL FUNDS. EXCLUDES AHOUNIS HELD BX DBPOSITORI INSTITUTIONS, THE U.S. GOVEBMHEHT, HONBX
HABKET FUNDS, AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAI REPBESEMIS
THE ESTIHATED AMOUNT OF OVERNIGHT BPS AND EURODOLLABS HELD BX INSTITDTION-ONLX MONET MARKET H0XUAL FUNDS.
CONSISTS OF fl3 PLUS THE 1OHBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHOBT-TSHfl TBEASUBX SECURITIES, COHMEBCIAL
PAPER AND BANKERS ACCEPTANCES, NET OF HONEX HABKET MUTUAL FUND HOLDINGS OF THESE ASSETS.
DEBT OF DOMESTIC NONFIHANCIAL SECTOBS CONSISTS OF OUTSTANDING CREDIT MARKET DEBT OF THE UHITJSD STATES GOVERMSENT,
STATE AJrfD LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTORS. PRIVATE DBBT CONSISTS OF COBPOBATE 0OHAS, MORTGAGES,
CONSUBEB CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND O3dEft DEBT
INSTBDHENTS. THE DATA ABE DSBIVED FBOH THE FEDEBAL BSSBBVS BOkUD'S FLOW QF FUNDS ACCOUNTS. ALL DAXA QN DEBT OF DOftESIIC
NONFINANCIAL SECTORS ARE PRESENTBD IN BOHTH-AVEBAGE FORM, DERIVED BX AVERAGING MONTH-END LEVELS OF Ai)JLACENT HONTU^^ THESE
DATA HAVE ALSO BEEU ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT «AX ARISE IN THE UNDfBLXHG FLOM OF FUNDS SXAXIS2ICS.
THE PBSSENTATION OF DEBT DATA IN THIS RELEASE DlitESLS, THEREFORE, FfiOfl THB QUART BELT FLOW OF FUN OS S f A U S T I C S CONTAINED
IN THE FEDERAL EESEBUE UELEkSES Z. 7 AND Z. ). 1* THOSE RELEASES, PDBLISH1D LM1BLS OF CREDIT JUBKET DBBT ABB HEASUBHD QN
A QUABTEB-BND BASIS AND INCLUDE DISCONTINUITIES.




H.6 (508)
Table 4

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

3/
4/

commercial paper3

Debt components4
non-federal debt
federal debt

304.0
298-3

39.8
39.8

210.7
212.6

1666.5
1b94.0

5429.2
5474.3

JULY
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
5591.0
5657.4

OCT.
NOV.
DEC.

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. S

5703. 4
5755.7
5*26.0

1987-JAN.
FEB.
M Afi.

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
1828.2

5880.5
5909.4
5953.5

95.1
95.9

265.8
272.4

41.2
42.4

244.9
254.3

1841. 1
1864.2

6003.5
6047.0

APR.
HAY P

2/

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

82.7
83.5

1986-MAY
JUNE

1/

savings bonds

CONSISTS OF U.S. TREASURY BILLS AND COUPONS WITH flEJIAINING MATURITIES OF LESS THAN 12 MONTHS HELD BJf OTHEH THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, MONET MAKKET MUTUAL FUNDS AHD FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, fEDERkL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDEBKL
HOME LOAN BANK SYSTEM AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OF-MONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.




H.6 (508)
Table 5

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted
Other checkable deposits
Demand
deposits3

Date

at commercial
banks4

Nontransactions components
Overnight
Eurodollars9

at thrift
institutions

General
purpose and
broker/dealer
money market
funds

1986-JUNr:
JULK
AUG.
SEPT,

290.5
289.4
291.3

OCT.
NOV.
DEC.

293.0
300.1
319.5

150.4
155.7
162.8

311.0
292.0
291.5

169.8
167.6
170.4

1967-JAN.
FEB.

184.6
164.8
186.0

MAfi.

I

APR.
HAY

JUNi.

188.0
190.1
191.9

|
i

!

218.5
226.0
235. Q

257.4
249.4
251.3

305.8
298.9
299.0

2020. 1
2030.*
2037.6

668. 1
676.5
687.5

2058.2
2062.2
2067. 1

681.6
666.7
690.7

206.9
20 7.1
207.6

2088.0
2066.2
2089.5

693. 1
699.1
701.

209.0
210.7
211.6

2090.2
2084.1
2095.1

70O.4
715.4
723.7

20.7
20.7
20.2

211.8
I 210.3
I 211,3

KEttK ENDING •
1987-JUNE

JULX

1/

1
8
15
22
29
6
13 P
20 P

169.8
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

311.7
301.9
29b. 2

174.7
174.1
172.4

212.5
213.4
212. 1
210.4
209. 1
255. 1
253.9
251.1

209.7
211.7
211.3

CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AND THE VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OF 7AULT CASH HELD BX THRIFT INSTITUTIONS TO SERVICE THEIB OCD LIABILITIES.
2/ OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF N0H6A1K ISSUJBRS. TRAVELERS CHECKS ISSUES)filDEPOSITOR*
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
3/ DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IB THE PROCESS OF COLLECTION AND F.fi. FLOAT, LESS THE ESTIMATED AMOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
4/ CONSISTS OF NO& AND ATS BALANCES AT COMMERCIAL BANKS, U.S. BRANCHES AND kGEHCIES OF FOREIGH BANKS, AND EDGE ACT
CORPORATIONS.
5/ CONSISTS OF NOB AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION StlABiE
DRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS.
6/ SUM OF OVERNIGHT EPS AND EURODOLLARS, NONE! MARKET FUND BALANCES (GEMERkL PURPOSE AND BROKER/DEALER), MMDAS AND SAVINGS
AND SMALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD 3X THRIF1 INSTITUTIONS TO SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
7/ SUH OF LARGE TIME DEPOSITS, TERM RPS AND EURODOLLARS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSXITUTION-O*LY>, LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BX INSTITUTIQN-QNLY
HOHEX MARKET MUTUAL FUNDS.
8/ CONSISTS OF OVERNIGHT AND CONTINUING CONTflACl aPS ISSUED bX COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL tUUDS (GENERAL PURPOSE AND BROKER/DEALER).
9/ ISSUED BY FOREIGN BRANCHES OF U.S. BANKS MOULDWIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
 MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND 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
total
thrift
commercial
institutions
banks

at
commercial
banks

Savings deposits1
at
thrift
institutions

total

Small denomination time deposits2
at
at
commercial
thrift
total
banks
institutions

Large denomination time deposits3
at
at
commercial
thrift
total
banks4
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

JULJf
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.U

194.7
195.6
198.6

330.1
333.2
339.6

380.4
378.5
375.9

500.5
498.9
497.4

8*0.9
677.5
873.J

286.7
2*9.9
291.2

15B.1
159.3
159*1

444.8
449.2
450.3

OCT.
MOV.
DEC.

372.6
375.9
379.0

191.9
192.8
192.4

564.4
568.7
571.4

146.4
150.3
153.6

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
^90.6
293.2

157.8
156.0
154.9

447.1
446.7
448.1

1987-JANF£B.
HAS.

381.7
378.5
378.2

192.5
192.3
192.3

574.3
570.8
570.5

159.2
162.8
167.2

217.1
221.8
227.9

376.4
384.6
395.1

364.4
362.1
359.7

490.0
488.3
486.1

8544.4
£50.4
845.8

296.9
298.1
301.3

154.4
153*1
151.2

451.3
451.2
452.5

APE.
BAY
JUNE

375.4
368.8
367.5

190.1
188.3
186.0

565.5
557.1
553.6

172.1
174.9
176.?

234.0
237.8
240.8

406.1
412.6
417.4

355.6
355.6
359.7

484.9
483.1
488.5

4*40.. 5
83fl. 7
848.1

J03.2
J09.2
J11.8

148.0
149.0
149.7

451.2
458.2
461.6

1986-JOWE

HEEK ENDING
1987
JUNE

JULY

1/
2/
3/
4/

1
8
15
22
29

369.1
369.8
369.2
366.3
364.7

175.6
17b.a
176.7
176.5
176.4

356.8
358.3
359.3
360.2
361.1

311.2
311.9
312.6
311.1
312.4

6
13 P
20 P

365.8
366.1
365.4

178.5
178.5
178.6

362.6
363.6
364.3

3Q9.0
310.4
310.2

SAVINGS DEPOSITS EXCLUDE HNDAS.
SHALL DENOMINATION TINE DEPOSITS — INCLUDING RETAIL RPS — ABB THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS ANA THRIFTS ARE SUBTRACTED FROM SMALL
TIME DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOOMTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BI HONBI MARKET MUTUAL FUNDS, DEPOSITORY
INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 5-continued

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

Date

Institution
only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars 2

Savings
bonds

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

Components of Debt
Commercial
paper*

Federal debt*

Non-Federal 6
debt

75.0

33.0

41.3

75.1

79.8

83.4

296.4

39.6

215.3

1676.9

5452.8

JULY
AUG.
SliPT.

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
J7.4

215.3
219.0
223.1

1695.6
1713.3
1734.5

5503.3
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
82-9

78. Q
79.3
83.0

81.^
89.9
91.9

283.8
291.0
292.2

36.0
38.0
J7-4

228.7
227.9
226.7

1746.6
1771.7

5691.9
S743.7
5619.7

1987-JAN.
FEB.
MAR.

84.0
84.7
84.9

33mH

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
281.6

37.6
36.9
39.3

239.3
240.4
240.2

1616.9
1626. 7
1436. 2

5672.8
5687.0
5921.4

83.1
81.8
81.3

36.3
38.4
37.5

54.2
57.9
60.9

91.0
96.4
98.4

d*~2
81.7
90.2

95.1
95.8

267.6
267.6

40.5
42.2

243.8
253.6

1646.7
1857.8

5970.5
6017.3

15
22
29

82.0
81.8
81.0
81.1
61.2

38.3
38.0
37.7
37.8
36.4

6
13 P
20 P

81.7
82.7
83.9

38.8
34.4
34.2

1986-JUNx;

APE.
HAY
JUNE
MEEK ENDING:
1987-JCJNE

JULY

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

1
8

TERM EPS ABE THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE DAY, EXCLUDING CONTINUING COUTRACTS AND RETAIL BPS. INCLUDES
A RELATIVELY SHALL AHOUNT OF OVERHIGHT RPS AT THRIFT INSTITUTIONS.
TERM EURODOLLARS ABE THOSE BITH ORIGINAL MATURITIES GREATER THAN ONE DAY. CONSISTS OF THOSE ISLSUED TO U.S. RESIDEMIS B%
FOHEIGS BRANCHES OF U.S. BANKS BOBLDUIDE AMD BY ALL BANKING OFFICES IN THE UMITED KINGDOM AND CANADA. EXCLUDES THOSE HEU>
BY DEPOSITORY INSTITUTIONS AND HONEY MARKET MUTUAL FUNDS.
CONSISTS OF U.S. TREASURY BILLS AND COUPONS KITH REMAINING MATURITIES OF LESS THAN 12 HONTHS HELD 8Y OTHER THAN DEPOSITORY
INSTITUTIONS, FEDERAL BESEflYE BANKS, MONEY MARKET MUTUAL FUVDS, AND FOBEIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDRRkL RESURJtE BANKS, FOBEIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEfl AND HONEY MARKET MUTUAL FUHDS,
TOTAL COMMERCIAL PAPER LZSS COMMERCIAL PAPER HELD BY HONEY MARKET flUTUAL FUHDS.
DEBT DATA ABE ON A MONTHLY AVEBAGE BkSLS. DERIYED BY AVERAGING END-OF-HONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEU
ADJUSTED TO BEHOVE DISCONTINUITIES.




H.6 (508)
Table 6

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

foreign
commercial
banks

Date

1986-JUNE

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

1-7

14.6

20.6
14.2
23.8

1.7
1.8

71.0
71.3
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

71.0
72.1
72.8

95.6
95.6
9*. 2

io-a
10.7
10.7

178. 1
178.4
179.7

1987-JAN.
FEB.
MAfi.

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

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

AP*.
HAY
JUNE

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

16.6
27.4
21.8

28.5
46.8
34.2

1.7
1.8

78.5
79.2
79.5

100.9
101.7e
101-be

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

191. Oe
192. be
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
J.2
4.d
3.7
2.7

12.1
16.8

27.2
17.6
15.2
26.4
27.1

37.4
24.9
22-5
42.2
46.6

1.8
1.8
1.8
.8
1.8

6
13 P
20 P

10.3
9.6
9.4

2.2
2.0
2.1

3.8
3.8
3.7

2.9
3.6

6.5
6.2
4.8

24.4
27.0
26.7

35.1
36. 1
35.0

JULY
AUG.
SEPT.

I

|

3. 1

8.7

8.1

1.6

ENDING:
1987
JUNE

JULY




7.2

4. 1
2.5

.8

•8
1.8