Full text of H.6 Money Stock Measures : June 1, 1995

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FEDERAL RESERVE statistical release
H.6 (508)
Table 1

•

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES6

Billions of dollars

Date

f^AL

*

For release at 4:30 p.m. Eastern Time
J U N E 1, 1 9 9 5

M11

M22

M33

L4

DEBT5

Seasonally adjusted
1993-MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC. .

1067.2
1076.3
1085.2
1095.1
1104.7
1113.5
1122.4
1128.6

3530.6
3540.2
3543.6
3549.3
3559.1
3564.4
3576.7
3583.6

4202.0
4204.6
4202.3
4205.5
4214.2
4222.7
4234.4
4242.5

5098.7
5105.0
5099.8
5112.4
5110.4
5118.9
5131.7
5150.3

11949.0
12007.2
12064.0
12122.0
12175.1
12211.5
12268.4
12335.3

1994-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1132.5
1137 . 0
1141.1
1142 . 8
1143 . 5
1147.0
1152 . 2
1150.8
1151.0
1148.1
1147.5
1147.8

3589.1
3586.2
3597.4
3605.4
3608.5
3605.3
3616.2
3614.2
3613.3
3609.0
3610.3
3615.1

4245.9
4232.0
4240.6
4250.8
4251.4
4256.6
4273 .8
4272 . 7
4278.4
4284.9
4291.4
4304.5

5165.4
5162.6
5165.5
5181.2
5188.4
5185.1
5208.4
5208.1
5211.9
5231.6
5244.9
5294.0

12391.2
12444.1
12498.1
12546.3
12591.6
12641.4
12681.1
12738.5
12800.0
12856.5
12919.2
12965.0

1995-JAN.
FEB.
MAR.
APR.

1148.8
1147.1
1147.9
1149.7

3626.9
3622.7
3630.3
3642.9

4327.7
4335.8
4356.8
4377.9

5327.0
5375.8
5426.0 p

13021.9
13096.8
13154.9 p

Not seasonally adjusted
1993-MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1057.2
1072.2
1083.6
1088 . 6
1099.3
1112.1
1129.5
1153.7

3517.8
3535.4
3541.6
3542.3
3548.4
3561.3
3584.2
3606.1

4191.3
4198.6
4195.7
4200.1
4201.9
4217.2
4246.7
4266.3

5078.9
5093.4
5087.3
5101.3
5092.6
5110.2
5151.2
5184.9

11886.5
11962.4
12020.5
12072.7
12134.3
12173.1
12241.3
12327.4

1994-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1142.3
1124.2
1131.4
1152.7
1132.5
1142.3
1150.9
1143.9
1146.1
1147.3
1155.3
1173.5

3595.6
3573.3
3596.1
3622 . 6
3595.6
3600 .4
3615.0
3606.7
3602.7
3606.1
3618.6
3638.6

4254.8
4221.8
4238.2
4264.2
4240.5
4250.2
4267.5
4266.3
4266.0
4280.1
4305.8
4330.6

5187.1
5155.5
5165.9
5193.1
5168.2
5173.8
5196.0
5196.9
5192.8
5222.9
5267.0
5331.7

12383.7
12417.3
12458.6
12489.4
12523.8
12594.4
12640.7
12690.3
12756.3
12816.0
12890.3
12956.8

1995-JAN.
FEB.
MAR.
APR.

1158.5
1134.2
1138.0
1158.7

3633.4
3609.0
3628.3
3659.3

4337.4
4324.5
4352.6
4389.7

5350.1
5367.5
5425.4 p

12996.6
13043.9
13106.6 p

F o o t n o t e s a p p e a r on t h e following p a g e
p

preliminary




Page 2

H.6 (508)
Table 2

MONEY STOCK AND DEBT MEASURES
Percent change at seasonally adjusted annual rates
M1

M2

M3

DEBT 1

3 M o n t h s f r o m JAN. 1995 TO APR. 1 9 9 5

0.3

1.8

4.6

5.9

6 M o n t h s f r o m OCT. 1994 TO APR. 1995

0.3

1.9

4.3

5.5

0.6

1.0

3.0

5.3

-0.3

1

12 M o n t h s f r o m APR. 1994 TO APR. 1995

1

'

to
o

T h i r t e e n w e e k s e n d i n g MAY 2 2 , 1 9 9 5
f r o m t h i r t e e n weeks e n d i n g :
FEB. 2 0 , 1 9 9 5 (13 w e e k s p r e v i o u s )

5.2

NOV. 2 1 ,

1994

(26 w e e k s p r e v i o u s )

-0.3

1.6

4.3

MAY

1994

(52 w e e k s p r e v i o u s )

0.5

1.0

3.0

23,

a n d ^ a r c h 1 9 9 4 ^ M a r c h * "^^""respectively

6 n d n 9 0 0 6 m o n t h e a r l i e r 1,1311 f o r 1 , 1 6

'

™ " ^ a r y aggregates, namely, December 1994 to March 1995, September 1994 to March 1995,

F o o t n o t e s to Table 1:

1.

2.

3.

Sutl'Lnd holftVonrsbeaLks«s




h0ldi

"9S

0| U S

s a v i n 9 s bonds

'

T

' « = " - y =«=""'i==. c o m m e r c i a l p a p e r and b a n k e r s a c c e p t a n c e s , net of m o n e y market

Page 3

H.6(508)
Table 3

MONEY STOCK MEASURES
Billions of dollars
Seasonally adjusted
M1
Period ending
1 9 9 5 - F B B . 27

M2

M3

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

1148.1

1147. i

1146.2

3621.6

3623 . 1

3621.6

4321.6

4335.6

4346.0

MAR •

6
13
20
27

1147 . 8
1147.7
1148.0
1148.2

1146.4
1146.5
1147.9
1148.8

1147.2
1147.2
1150.8
1150.0

3621.6
3622.5
3624.3
3625.9

3620.4
3621.0
3625.4
3630.1

3617.4
3625.2
3637.4
3640.2

4325.0
4328.7
4332.9
4337.7

4338.1
4342.6
4350.1
4356.7

4342.6
4349.9
4361.7
4372.4

APR.

3
10
17
24

1148.2
1148.2
1148.1
1148.1

1148.2
1148.9
1148.7
1148.6

1144.7
1150.2
1150.0
1149.6

3626.9
3628.2
3628.8
3630.2

3634.0
3637.8
3637.5
3639.2

3633.0
3640.7
3635.9
3647.1

4341.2
4345.4
4349.1
4353.2

4360.0
4364.5
4368.5
4372.2

4355.8
4368.2
4377.6
4387.1

MAY

1
8
15p
22p

1148,
1147,
1147 ,
1147.3

1149.8
1148.2
1146.5
1144.9

1149
1143,
1143 ,
1143.2

3632.4
3634.0
3636.2
3639.3

3643.8
3645.9
3650.0
3653.3

3651.3
3649.1
3652.5
3660.1

4357.7
4362.5
4367.7
4373.7

4381.4
4388.2
4393.7
4399.4

4392.8
4395.4
4399.3
4409.9

Not seasonally adjusted
1 9 9 5 - F B B . 27

1156.2

1134.1

1121.9

3627.6

3609.0

3596.9

4330.4

4324.2

4323.0

MAR.

6
13
20
27

1154.4
1152.4
1149.8
1146.3

1134.3
1136.0
1138.0
1138.5

1148.2
1144.3
1137.6
1123.7

3626.2
3625.6
3625.6
3624.9

3609.3
3614.0
3620.7
3626.7

3622 .7
3631.9
3631.4
3620.7

4332.1
4333.6
4335.5
4337.7

4328.0
4335.4
4345.0
4351.9

4343,
4357,
4356,
4350,

APR.

3
10
17
24

1143.4
1141.8
1142.0
1142.5

1137.8
1144.5
1153.6
1160.1

1145.6
1171.0
1174.2
1149.6

3624.6
3625.4
3627.1
3629.2

3632.7
3645.1
3655.4
3661.8

3646,
3681,
3672
3646

4339.9
4343.5
4347.7
4351.7

4356.4
4367.8
4381.7
4389.4

4361.4
4402.7
4411.7
4381.8

MAY

1
8
15p
22p

1143.7
1143.4
1143.5
1143.2

1158.1
1151.4
1142.4
1136.5

1137,
1144,
1138,
1125.

3632.5
3634.4
3637.0
3639.9

3658.3
3649.4
3643.0
3642.0

3633.
3645.6
3646.8
3642.4

4356.4
4361.2
4366.4
4372.3

4391.8
4389.0
4384.7
4387.9

4370
4391,
4394,
4394,

Note: S p e c i a l caution should b e taken in interpreting w e e k - t o - w e e k c h a n g e s in m o n e y supply data, which are highly volatile and subject to revision
p

preliminary data.




Page 4

H.6 (508)
Table 4

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Currency1

Date

4.
5.
6.
7.

Demand deposits 3

Other checkable deposits
At commercial
banks 4

Nontransactions components

At thrift
institutions5

Total

In M26

In M3 only7

1993-DEC.

322 . 1

7 .9

383 . 9

303 . 0

1 1 1 .7

414.7

2 4 5 5 .0

658.9

1994-JAN.
FEB.
MAR.

325 .4
328, .9
332 .0

d .0
8 .0
8 .0

386 .9
388 .6
388 .6

300 . 3
299 .0
299 .7

112 . 0
112 . 6
112 . 8

412 . 3
4 1 1 .6
412 . 5

2456 .7
2449 ,. 1
2456.3

656.8
645.8
643.2

APR.
MAY
JUNE

334, .5
3 3 7 , .3
340 .0

8,. 1
8,. 1
8,.2

388 . 1
385 .6
386 .3

299 . 1
300 . 5
3 0 1 .0

112 .9
112 .0
111. . 5

412 .0
412, .4
412 .5

2462 .6
2 4 6 5 , .0
2 4 5 8 ,. 3

645.4
643.0
651.3

JULY
AUG.
SEP.

342 .8
345 . 1
347 .2

8.,3
8..3
8..4

388 .0
386 .6
386, .5

3 0 1 , .7
3 0 1 , .0
3 0 0 , .0

I l l , .4
109, .7
108, .9

413, . 1
410, .8
408, .9

2 4 6 4 , .0
2 4 6 3 .4
2 4 6 2 , .3

657.6
658.5
665.1

OCT.
NOV.
DEC.

350 .0
353 .0
354 .5

8..3
8..4
8..4

384, .4
382 ,.3
382 ,.0

298 ,.0
297 ,.7
297 ,.6

107 ,.5
106, . 1
105, .3

405, .4
403 ,. 8
402, .9

2 4 6 0 .9
2462 . 8
2467 .2

675.9
681.1
689.4

1995-JAN.
FEB.
MAR.

3 5 7 , .7
358, .8
3 6 2 , .5

8..4
8..4
8..8

383.4
384 ,.0
383 ,.2

2 9 5 ,. 1
2 9 1 , .8
289 ,.3

1 0 4 . .2
1 0 4 ., 1
1 0 4 . .0

399, .3
395 .9
393 .3

2478 . 1
2475 .6
2482 . 4

700.8
713.1
726.5

APR.

3 6 5 , .7

9..2

381. .2

289 ,.6

1 0 4 . ,0

393 .6

2 4 9 3 .2

735.0

364, . 1

9..0

3 8 4 .. 1

2 8 9 , .2

103 ..6

392 ,.9

2 4 9 0 .2

732.2

9., 1
9., 1
9.,2
9.2

3 7 9 . .5
3 8 2 . .9
383 .,2
3 7 9 . .8

2 8 8 . .9
2 9 0 . .7
2 8 9 . .1
2 8 9 . .2

103 .,3
103 . 1
102 ..6
104.7

392, .2
393, .8
392 ,.4
393 ,.9

2 4 8 8 , .3
2 4 9 0 ,. 5
2 4 8 6 . .0
2 4 9 7 ,. 5

722.8
727.5
741.6
740.0

9..2
9. 2 e
9. 2 e
9.,2 e

3 7 9 . .0
3 7 8 . ,3
3 7 9 . ,8
3 8 1 . ,3

288 ..0
2 8 5 . .0
2 8 4 , ,0
2 8 1 . ,8

1 0 5 . ,8
1 0 4 . ,0
1 0 2 ., 1
1 0 2 . ,4

393 ..8
3 8 9 . .0
3 8 6 .,0
3 8 4 , ,2

2501 .9
2505 .4
2509.1
2516 .9

741.5
746.4
746.8
749.8

Week ea<Uaq
1995-MAR. 27

2.
3.

Travelers checks 2

APR.

3
10
17
24

364, .0
3 6 4 . .4
3 6 5 , .3
3 6 6 . .6

MAY

1
8
15p
22p

367.4
3 6 7 .. 1
3 6 8 . ,3
3 6 8 . .6

1

Outstanding amount of U.S. dollar-denominated travelers c h e c k s of nonbank issuers. Trav©lers c h e c k s i s s u e d by depository institutions are included in d e m a n d d e p o s i t s
D e m a n d d e p o s i t s at commercial b a n k s and foreign-related institutions other than t h o s e d u e to depository institutions, the U . S . g o v e r n m e n t and foreian b a n k s and official'
institutions, l e s s c a s h items in the p r o c e s s of collection and Federal R e s e r v e float.
C o n s i s t s of NOW and ATS b a l a n c e s at commercial banks, U.S. branches and a g e n c i e s of foreign banks, and E d g e Act corporations
C o n s i s t s of NOW and ATS b a l a n c e s at thrifts, credit union share draft b a l a n c e s , and d e m a n d d e p o s i t s at thrifts.
S u m of overnight R P s and Eurodollars, m o n e y market fund b a l a n c e s (general p u r p o s e and broker/dealer), s a v i n g s d e p o s i t s (including m o n e y market d e p o s i t a c c o u n t s )
and small time d e p o s i t s . This s u m is s e a s o n a l l y adjusted a s a whole.
'
Sum of large time d e p o s i t s , term R P s and Eurodollars of U.S. residents, m o n e y market fund b a l a n c e s (institution-only), l e s s the e s t i m a t e d amount of overnight R P s and
Eurodollars held by institution-only m o n e y market mutual funds. This sum is s e a s o n a l l y adjusted a s a w h o l e .

estimated
Digitizedefor FRASER


p

preliminary

Page 5

H.6 (508)
Table 4 - continued

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

785 . 1

General
purpose and
broker/
dealer
money'
market funds
360 . 1

313 ,. 8
3 1 0 , .5
308 ,.9

779 . 5
775 .0
772 .0

3 6 1 .2
359 . 5
3 6 1 .9

194 .6
182 . 1
183 ,.8

273 .4
270 . 1
2 6 8 , .8

6 1 .7
61, .7
61, .4

335 . 1
331, . 8
330, .3

462, .3
464, .6
467 ,.4

307 ,.9
3 0 6 , .2
3 0 5 , .5

7 7 0 ,. 1
770 .8
772 ,9

370 . 5
373 ,.5
370 .7

183 ,. 1
177 .5
177, .9

2 6 8 , .0
272 ,.0
2 7 4 , .0

61, .8
60, .4
61, .0

329, .8
332. ,4
3 3 5 . ,0

1 2 0 1 , ,2
1192 ,.6
1183 ..7

469 .9
476 .0
481, .2

3 0 6 ,. 1
3 0 6 , .2
307 ,.8

776 .0
782 ,.2
7 8 9 , .0

3 7 6 ,. 1
377 ,.0
377 ,.4

178, ,7
177, .4
176, .3

2 7 6 , .3
2 7 9 , .8
2 8 4 , .6

6 1 .9
61, .7
62, .7

3 3 8 . ,2
3 4 1 . ,5
3 4 7 . ,3

4 0 5 , .6
398, ,5
3 9 1 , .9

1 1 7 1 , .0
1157 ,,8
1 1 4 4 , .2

487 ,.7
494, .0
502, .4

3 1 1 , ,3
3 1 5 , .8
317 .,3

7 9 9 , .0
809 ,.8
819, .8

3 7 9 , ,5
383 ..3
3 8 9 . .0

180, ,8
180, .5
1 8 0 . .8

289 ,,3
293 ,,8
2 9 8 , .3

63, .7
63 ,.9
64, .3

3 5 3 . ,0
3 5 7 . ,7
3 6 2 . .7

7 4 4 .. 1
7 3 4 .. 2
7 2 3 . .3

385 .6
377 ,.6
371, .6

1 1 2 9 . .8
1 1 1 1 , .9
1 0 9 4 , .9

512 ,.4
524, .0
537 ,.6

322 ,.9
3 3 1 ,. 4
3 4 0 , .7

835 ,.3
855 .3
878, .2

392 , 1
3 9 1 , ,5
3 9 0 , .9

186 .3
180, .4
189, .0

2 9 6 , .9
303 ,.8
308 .3

66, . 1
67, .6
69, . 5

363, .0
371, .4
377, .8

APR.

7 1 6 . ,0

366, ,4

1 0 8 2 , .4

547 ,.9

3 4 8 , .9

896, . 8

3 9 6 , .0

1 9 2 , .9

3 0 8 ,. 4

7 0 , ,6

379, .0

MAR. 27

721 .8

370 .7

1092 . 5

540, . 1

342 .6

882 .7

392 .9

193 .6

308 .7

69, .9

378. .6

APR.

3
10
17
24

7 1 6 ,. 0
7 1 6 , .7
7 1 8 , .2
7 1 6 ,. 0

368 . 1
366 .2
366, .2
366, .5

1084 . 1
1082 .9
1084, .4
1082 ,. 5

543 . 1
545 . 5
547 ,.8
549, .5

344, . 5
3 4 6 , .7
3 4 8 , .8
3 5 0 , .5

887 .6
892 .2
896 .6
900, .0

394 .2
396 .0
395 ,.6
396, .7

191 .8
192 . 3
193 ,. 1
193, .6

303 .7
306 .0
308 .6
3 1 2 , .3

7 0 , .8
7 0 , .3
7 1 , ,0
7 0 , »4

374, ,6
376. ,3
379, ,6
382, ,7

MAY

1
8
15p
22p

7 1 2 , ,6
7 1 5 ,, 5
7 1 5 , .7
7 1 6 . ,7

365, • 9
3 6 5 ,. 1
364, ,2
3 6 4 , ,2

1 0 7 8 , .6
1 0 8 0 , .6
1 0 7 9 , .9
1080 ,.9

551 .1
553, .4
555, .2
556 .5

3 5 1 , .6
3 5 2 , .9
3 5 4 , ,3
3 5 5 , ,0

902 ,.8
9 0 6 , ,3
9 0 9 , .5
9 1 1 , ,5

3 9 6 , .8
400 . 1 |
4 0 1 , .4
407 ,.3

193
192
192
194

313 ,.9
313 ,.8
3 1 6 ,. 1
3 1 5 , .9

70 ,,5
69 ,,8
70 , 0
69, .8

384, ,3
383, ,6
3 8 6 ., 1
3 8 5 . ,6

Savings deposits 1
Date
1993-DEC.

commercial
banks
7 8 5 ,, 8

At
thrift
institutions
429 .8

1994-JAN.
FEB.
MAR.

7 9 1 ,.3
7 9 2 , .7
7 9 1 ,.5

APR.
MAY
JUNE

Small-denomination time deposits 2

1215, ,7

At
commercial
banks
468 .6

At
thrift
institutions
316 ,. 5

429, .8
429, . 1
430, .5

1221, . 1
1221, .9
1222, ,0

465, .7
464, .5
463 ,. 1

7 8 8 , .9
7 8 4 , .6
7 8 0 , .0

431, . 1
430, .2
426, .8

1220, .0
1214, .8
1 2 0 6 , .8

JULY
AUG.
SEP.

7 7 8 , .0
7 7 5 , ,1
7 7 2 , ,8

4 2 3 ,. 2
417 ,.0
4 1 0 , .9

OCT.
NOV.
DEC.

7 6 5 .. 4
7 5 9 . ,2
7 5 2 . ,3

1995-JAN.
FEB.
MAR.

Total

Total

Institutiononly money
market funds

Large-denomination time deposits 3
At
thrift

Total

198 . 1

At
commercial
banks 4
2 7 1 .2

6 1 .6

332 . 7

I

Week

1.
2

S a v i n g s d e p o s i t s include m o n e y market deposit a c c o u n t s .
"

a m

°unls

01 l e s s , h a n

*100'°°0'

A

"

IRA

» " d ! < « « * account b a l a n c e s a. commercial banks

Large-denomination time d e p o s i t s are t h o s e i s s u e d in a m o u n t s of $ 1 0 0 , 0 0 0 or more, excluding t h o s e b o o k e d at international banking facilities
ofSInstitution?" ^

p

—
th0Se iSSUed

-

3.

.1
.2
.2
.7

preliminary




P

°S'tS *

c o m m e r c i a l

b a n k s

less , h o s e

held by m o n e y market mutual f u n d s , depository institutions, U . S . g o v e r n m e n t , a n d foreign b a n k s and

Page 6

H.6 (508)
Table 4 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Non-M3 Components of L

Date

Short-term Treasury
securities 1
334.2

Savings bonds
1993-DEC.

171.5

1994-JAN.
FEB.
MAR.

172.5
173.2
173.9

APR.
MAY
JUNE

Debt components 4

Bankers acceptances 2

Commercial paper 3

Federal debt

Non-Federal debt

14.9

387.1

3328.0

9007.3

340.8
341.4
344.7

14.8
14.9
15.5

391.4
401.2
390.8

3338.3
3355.1
3379.6

9052.9
9089.0
9118.5

174.8
175.7
176.7

354.6
357 . 1
348.4

14.0
11.6
10.8

387 . 1
392.6
392.7

3390.6
3402 . 5
3416.3

9155.7
9189.2
9225.1

JULY
AUG.
SEP.

177.7
178.5
179.1

353.2
357.7
350.7

10.9
11.4
11.9

392 . 8
387.7
391.7

3419.3
3436.8
3454.1

9261.7
9301.7
9345.8

OCT.
NOV.
DEC.

179.5
179.9
180.3

351.1
358.6
372.6

11.8
11.0
10.2

404.2
404.0
426.5

3469.6
3494.1
3497.4

9386.9
9425.1
9467.6

1995-JAN.
FEB.
MAR.

180.5
180.4
180.5

380.3
404.0
424.5

9.8
9.9
10.4

428.6
445.7
453.9

3504.7
3535.8
3557.5

9517.2
9561.0
9597.4

I

"i'h

'•
S

r9malni

"9

m a l u r l l i e s 01 l e S S l h a

"

12

"""""
" °"'™'

m e l o n s , F s d a . a ! R e s e , » . Banks, money
ins,i,u,l

°

ns

'

F e d

«»'

H

1:

T l l a l c ™ S i " S P " s

4.

Debt d a t a are on a monthly a v e r a g e b a s i s , derived by averaging adjacent end-of-month levels, and h a v e b e e n adjusted to r e m o v e discontinuities.

p

preliminary




s Sl'mSitoSlrhddVmo'nei mTnfuSiunds'

9

°""> Loan B a n k s , and m o n . , market mutual f u n d s .

H.6 (508)
Table 5

Page 7

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Currency1

Date
1993-DEC.

Travelers
checks 2

Demand
deposits 3

Other checkable deposits

Nontransactions components
Ovemipht

Overnight
Eurodollars®

660.2

74 . 4

22.1

2453 .4
2449 . 1
2464 .7

659 .2
648 . 5
642 . 1

75 .9
73 . 7
77 . 0

22.1
21.2
23.0

At commercial
banks 4

At thrift

401 .8

306 . 2

113 .2

419 . 4

2452 . 4

392 . 0
379 . 5
379 . 6

306 . 6
299 . 6
301 .6

112 . 1
110 . 3
112 . 0

418 . 6
409 . 8
413 . 5

Total

In M26

In M3 only7

324 . 8

7 .6

1994-JAN.
FEB.
MAR.

324 . 0
327 . 3
330 . 6

7 .7
7 .7
7 .8

APR.
MAY
JUNE

334.3
337.2
340.5

7 .8
7 .9
8 .3

389.2
377.7
382.3

306 . 4
298 . 1
299 . 5

115.0
111.6
111.7

421 .4
409 .7
4 1 1 .2

2469 . 9
2463 . 1
2458 . 1

641 .6
644 .9
649 . 8

77 . 6
78 . 5
80 .7

JULY
AUG.
SEP.

21.3
24.1
26.2

344.7
345.7
347.0

8,.8
8,.9
8..8

387 .3
383 ,. 1
384, ,7

298
297
297

,.4
,.2
,.4

1 1 1 .6
109 .0
108 ,.3

410 .0
4 0 6 , .2
4 0 5 , .6

2464
2462
2456

.1
,.8
.6

652 .5
659 .6
663, .3

OCT.
NOV.
DEC.

8 0 ,. 5
8 2 , .0
83 ,• 7

29.1
28.9
28.1

3 4 9 , .6
353 ,,2
357 .,6

8. ,5
8. 2
8. 1

387 ..8
3 9 0 . ,7
4 0 0 . .1

294 ., 1
296. 0
300. 6

107 ,.4
107 . 1
107 .,0

4 0 1 . ,4
403 ., 1
407 . 6

2 4 5 8 ,.8
2 4 6 3 .,4
2 4 6 5 ., 1

674, .0
6 8 7 .. 1
6 9 2 . .0

83 ..5
8 3 . .0
8 4 . .2

30.3
30.1
32.5

1995-JAN.
FEB.
MAR.

355.9
357.1
361.4

8. 1
8. 1
8. 4

388. 7
374. 9
374. 0

301. 3
292 . 3
291. 1

104. 4
101. 8
103 . 1

405. 7
394. 1
394. 2

2475. 0
2474. 8
2490 . 2

704. 0
715. 6
724. 3

87. 0
86. 1
86. 8

APR.

365. 5

36.4
31.6
30.7

8. 8

382 . 0

296. 6

105. 7

402 . 4

2500. 6

730 . 4

84. 7

30.1

361.5

8.6

366.0

286.9

100.6

387.5

2497 . 1

730.1

89.5

3
10
17
24

362 .7
366.6
366.3
364.9

32.0

8.8
8.8
8.8
8.8

378.7
386.9
390.9
374.8

291.0
300.4
301.1
297.4

104.5
108.3
107.2
103.8

395.5
408.8
408.3
401.2

2501.3
2510.4
2498.3
2496.5

714.5
721.3
739 2
735.6

88.3
86.5
79.5
84.5

1
8
15p
22p

364.8
368.8
368 .2
367 . 5

33.3
29.6
26.8
30.7

8.8
8.9
8.9
9.0

374.2
374.1
376.2
370.3

286.5
286.9
282 . 4
278.0

103.1
105.7
102.8
101.1

389.6
392 . 5
385.2
379.1

2495.9
2501.4
2506.3
2516.5

737 . 6
745.9
747.7
752.3

87.4
83.8
86.4
85.0

32.6
28.3
28.4
30.1

Week
1995-MAR. 27
APR.

MAY

I

1.
2.
3.
4.
5.
6>

^fflK«^«S3i3aS3SSSSS3S^JS^=^

7.
Eurodollars held by Institution-only m o n e y market°muma'

m 0 n e y

markel fund ba!anc

® s (institution-only), l e s s t h e e s t i m a t e d a m o u n t ot overnight A P s and

& 3 . l 7 m i 9 h '
" " , i n U i n 9 C°",raC' R P S iSSU6d 6 " 8 1
«-»
, institutions and m o n e y market mutual funds (genera, p u r p o s e and
9. for FRASER
Digitized
issued by to,eign branches ot U.S. banks . o r o i d e to U.S. residents other than depository ins,
o n s and m o n e y market mutual tunds (genera, p u t p o s . and broker,dea,er).


Page 8
H.6 (508)
Table 5 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Savings deposits 1

3.
4.
p

General

1213.2

At
commercial
banks
468.2

At
thrift
institutions
316.2

784.4

broker/
dealer
money'
market funds
358.3

427.1
426.7
430.8

1213.5
1214.9
1222.7

466.2
464.6
462.9

314.1
310.6
308.8

780.2
775.2
771.6

791.1
785.3
782.3

432.3
430.6
428.1

1223.4
1215.9
1210.4

461.8
463.7
467.0

307.5
305.5
305.2

JULY
AUG.
SEP.

780.0
777.0
772.7

424.3
417.7
410.8

1204.
1194,
1183.

470.5
476.5
481.7

OCT.
NOV.
DEC.

765.5
761.4
751.1

405.7
399.7
391.2

1171.1
1161.0
1142.3

1995-JAN.
FEB.
MAR.

739.5
729.8
723.4

383.2
375.3
371.6

APR.

717.8

Week e n d i n g
1995-MAR. 27
APR.

MAY

Date

1.
2.

Small-denomination time deposits 2

1993-DEC.

commercial
banks
784.3

At
thrift
institutions
429.0

1994-JAN.
FEB.
MAR.

786.3
788.2
791.9

APR.
MAY
JUNE

Total

Total

Institutiononly money
market funds

Large-denomination time deposits 3
At
thrift
institutions
61.5

Total

200.0

commercial
banks 4
270.8

361.6
364.1
370.3

200.5
191.0
185.7

271.9
268.8
267.3

61.3
61.4
61.1

333.2
330.2
328.4

769.3
769.2
772.1

378.3
375.4
368.7

181.8
176.8
172.5

266,

274,
275

61.4
60.9
61.3

327.7
335.0
336.6

306.5
306.5
308.2

776.9
783.1
789.9

373.4
374.2
371.3

173.8
176.2
172.6

275,
281.
285.

61.7
61.9
62.9

337.0
343.1
348.7

488.3
493.7
502.0

311.7
315.7
317.1

800.0
809.3
819.1

373 .
379.
387.

178.1
182.5
183.1

289.9
295.2
298.0

63.8
64.2
64.3

353.7
359.5
362.3

1122.7
1105.1
1094.9

512.9
524.1
537.4

323.2
331.5
340.6

836.1
855.6
877.9

392.8
396.3
399.8

192.4
188.8
190.8

295.5
302.3
306.2

65.8
67.2
69.1

361.3
369.5
375.3

367.4

1085.2

547.3

348.5

895.8

404.8

191.3

306.2

70.1

376.4

720.9

370.2

1091.1

539.8

342 . 4

882.1

402.3

193.4

306.3

69.3

375.6

3
10
17
24

720.7
725.8
722.0
712.4

370.5
370.8
368.1
364.7

1091.3
1096.6
1090.1
1077.0

542,
545,
547 ,
548,

344,
346,
348,
349

887.4
891.8
895.6
898.4

401,
405,
406,
406,

189.3
190.5
193.2
191.0

300.7
303 . 7
305.7
310.4

70
69
70
70

370.8
373.4
376.1
380.4

1
8
15p
22p

708.6
715.7
717.5
717.1

363.9
365.2
365.1
364.3

1072.5
1080.9
1082.6
1081.4

550,
552
554
555

351,
352,
353 ,
354,

901.4
904.7
907 . 8
909.6

402.0
403.7
403.1
410.4

191.4
191.0
191.3
196.2

313.1
314.7
317.8
318.1

70,
70.
70,
70

383.3
384.7
388.1
388.5

S a v i n g s d e p o s i t s include m o n e y market deposit a c c o u n t s .
Small-denomination time deposits—including retail R P s — a r e t h o s e i s s u e d in a m o u n t s of l e s s than $ 1 0 0 , 0 0 0 . All IRA and Keogh account b a l a n c e s at c o m m e r cial b a n k s and thrifts are subtracted from small time deposits.
Large-denomination time d e p o s i t s are t h o s e i s s u e d in amounts of $ 1 0 0 , 0 0 0 or more, excluding t h o s e b o o k e d at international banking facilities.
Large-denomination time d e p o s i t s at commercial banks l e s s t h o s e held by m o n e y market mutual funds, depository institutions, U.S. g o v e r n m e n t , and foreign
b a n k s and official institutions.
preliminary




332.3

Page 9
H.6 (508)
Table 5 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Term RPs 1
At commercial
banks

At thrift
institutions

Total

Term
Eurodollars2

1993-DEC.

71.6

26.0

97 .6

46.5

171.4

1994-JAN.
FEB.
MAR.

67.0
64.8
68.3

26.5
27 . 3
27.0

93 ,
92 ,
95,

45.5
47 . 9
46.2

172.6
173.7
174.6

APR.
MAY
JUNE

71.4
69.1
72.1

27.4
28.8
30.3

98.8
97 . 8
102.4

46.5
47.7
50.3

JULY
AUG.
SEP.

71.
68,

32.0
32.8
33.4

103.0
101.2
101.9

OCT.
NOV.
DEC.

67 ,
67 ,
67 ,

34.7
35.4
37.5

1995-JAN.
FEB.
MAR.

70.2
73.1
72.3

APR.

Date

1.
2.
3.
4.
5.
6.

Savings bonds

Short-term
Treasury
securities 3
342.6

Bankers
acceptances 4

Commercial
paper6

Federal debt

Non-Federal
debt

15.3

389.3

3329.5

8997.9

345.2
342.5
348.2

15.6
15.5
15.2

398.9
402.0
389.7

3333.0
3345.4
3374.4

9050.7
9071.9
9084.1

175.4
176.2
176.9

352.5
355.2
345.3

13.7
11.4
10.6

387.3
385.0
390.9

3376.8
3379.7
3394.5

9112.6
9144.1
9199.9

51.0
51.2
52.1

177.4
177.9
178.4

350.8
359 . 6
343.8

10.8

389,
382
393

3393,
3418,
3438

9246.8
9271.8
9317.7

101.9
102.9
105.2

53.0
55.3
53.8

179.0
179.7
180.2

343.3
362.4
381.6

11.9
10.4

408.6
408.0
428.9

3448.8
3485.4
3499.0

9367.2
9404.9
9457.7

39.0
39.7
40.2

109.1
112.8
112.5

54.9
57 . 7
58.8

180.6
180.8
181.2 p

385.0
405.5
428.9 p

10.3
10.3
10.2 p

436.8
446.3
452.5 p

3499.0
3525.0
3551.1 p

9497.6
9518.9
9555.5 p

74.7

41.0

115.7

60.5

73.9

40.8

114.7

59.7

68 .

1995-MAR. 27

Debtcomponents 6

Non-M3 Components of L

APR.

3
10
17
24

69
71
79
75

39.5
40.1
41.2
41.8

109.2
111.5
120.5
117.4

58.8
58.9
62.4
60.6

MAY

1
8
15p
22p

74.3
79.4
78.6
78.8

41.8
42.4
42.2
41.9

116.1
121.9
120.7
120.7

60.7
61.4
61.4
60.6

11.1

11.7

11.1

Term R P s are t h o s e with original maturities greater than o n e day, excluding continuing contracts and retail R P s .
Term Eurodollars are t h o s e with original maturities greater than o n e day. C o n s i s t s of t h o s e i s s u e d to U.S. residents by foreign b r a n c h e s of U . S . b a n k s world-wide and by
all banking o f f i c e s in the United Kingdom and C a n a d a . Excludes t h o s e held by depository institutions and m o n e y market mutual f u n d s
C o n s i s t s of U.S. Treasury bills and c o u p o n s with remaining maturities of l e s s than 1 2 m o n t h s held by other than depository institutions, Federal R e s e r v e B a n k s m o n e v
market mutual funds, and foreign entities.
'
Net of bankers a c c e p t a n c e s held by a c c e p t i n g banks, Federal R e s e r v e Banks, foreign official institutions, Federal H o m e Loan Banks, and m o n e y market mutual f u n d s
Total commercial paper l e s s commercial p a p e r held by m o n e y market mutual funds.
Debt data are on a monthly a v e r a g e b a s i s , derived by averaging adjacent end-of-month levels, and h a v e b e e n adjusted to r e m o v e discontinuities

p
preliminary



Page 10

H.6 (508)
Table 6

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

U.S. government deposits
At
commercial
banks

28 . 1

2 .6

144 . 2

114 . 6

49 . 8

308, .6

25 .2
27 . 9
15 .7

38 . 3
38 . 4
25 . 1

2 .1
2 .6
2 .4

143 . 9
143 . 6
142 . 6

114 . 0
113 . 4
112 . 9

48 . 6
48 . 6
51 .8

306. .5
305, .6
307. .3

5 .6
5 .9
5,.9

20 . 8
24 . 3
18 .4

33 . 5
34 . 4
29 .6

2 .1
3 .1
2 .9

142 .2
142 .2
142, .3

112, .6
112, .2
111, .5

54 . 8
56 . 4
56 . 8

309. .6
310. ,9
310. .6

4,.8
3..9
5..8

5,.4
5,, 1
6,.0

11,.3
10, . 1
16, .9

21 .5
19, .0
28, .8

2 .7
2 .9
2 .5

142. ,6
142. ,6
142. ,7

111. .2
110. .2
1 0 9 . .2

55, .9
56 . 1
56, .8

309. ,6
308. ,9
308. ,6

14..9
15,.0
15.,0

4.,3
3.,9
5.,7

5.,6
5..2
6.,2

12.. 1
9..8
13..4

22, .0
18..9
25. ,3

2,.2
2,.0
1,.3

142, 7
142. 9
143. 3

1 0 8 . .7 e
1 0 8 . .7 e
108, .5 e

58. ,3
59. ,4
59. ,7

309, ,7 e
311, ,0 e
311, ,4 e

1. 6
1. , 6
1. 6

15..0
14.,9
14.,9

4. 9
3.,3
3.,4

7. ,0
5. 9
5. 2

20. ,0
21. , 1
10. , 1

31. ,9
30. ,3
18. ,8

1..2
2.,2
2.,3

143. 7
144. 6
145. 6

108. 4 e
108. 5 e
108. 6 e

59. 7 e
59, 9 e
6 0 ., 1 e

311, ,8 e
313, . 1 e
314, ,2 e

7. 6

1. 6

14.,8

5. 5

6, 2

12. ,4

24. , 1

2.,5

146. 3

109. 0 e

60. 3 e

315, ,6 e

8.,0

1. 5

14. 9

2. 8

4. 6

9. 8

17. 2

2. 3

Balance
at
Federal
Reserve

5 .2

6 .7

16 . 2

11 .3
11 .9
12 . 5

5 .8
4 .2
4 .3

7 .3
6 .3
5 .2

1 .5
1 .5
1,.5

12 . 9
13 .0
13,. 1

7 .1
4 .2
5,.3

8,.3
7,.7
8,. 1

1.,5
1,,5
1..5

13 .4
14,.0
14,.6

OCT.
NOV.
DEC.

8..0
8.,2
8..4

1.,6
1.,8
1. 6

1995-JAN.
FEB.
MAR.

8..2
7. ,8
7. ,9

APR.

Foreign
commercial
banks

Foreign
official
institutions

1993-DEC.

9.1

1 .6

1994-JAN.
FEB.
MAR.

8 .5
8 .4
8 .1

1 .6
1 .5
1 .6

APR.
MAY
JUNE

8 .6
8 .1
8 .2

JULY
AUG.
SEP.

Week e n d i n a
1995-MAR. 27

IRA and Keogh Accounts
Time and
savings
deposits at
™anks

Demand
deposits at
commercial
banks

Date

e
p

Time and
savings
deposits
due to
foreign
banksand
official
institutions
10 . 9

Note
balances at
depository
institutions

Total
cash
balance

APR.

3
10
17
24

8.
7.
7.
7.

0
2
4
4

1.
1.
1.
1.

7
5
7
6

14.
14.
14.
14.

9
9
9
8

3.
3.
7.
6.

6
3
3
2

5.
5.
5.
6.

0
1
7
7

10. 8
7. 5
5. 4
11. 9

19.
15.
18.
24.

4
9
4
7

2.
2.
2.
2.

3
6
6
5

MAY

1
8
15p
22p

8.
7.
8.
8.

3
9
4
0

1.
1.
1.
1.

6
5
5
4

14.
14.
14.
14.

8
8
8
8

5. 6
3. 0
3. 2
2. 8

8.
6.
5.
5.

1
9
5
0

27. 9
29. 3
20. 6
14. 4

41.
39.
29.
22.

6
2
2
2

2.
2.
2.
2.

6
5
5
5

estimated
preliminary




At
thrift
institutions

At
money
market
funds

Total