Full text of H.6 Money Stock Measures : June 2, 1994

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

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

*al

For release at 4:30 p.m Eastern Time

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

JUNE

Billions of dollars
Date

M11

M22

'

2, 1994

DEBT5

M33
Seasonally adjusted

3482.1
3477.8
3480.7
3489.4
3496.6
3507.5
3510.5
3509.0

4189.9
4183.7
4186.0
4196.7
4200.4
4196.9
4194.1
4183.0

5021.7
5026.9
5026.6
5041.0
5056.7
5058.5
5065.3
5057.1

11381.9
11435.0
11494.3
11553.6
11598.1
11626.0
11665.9
11721.5

1095.3
1105.1
1113.4
1122.4
1128.4

3502.8
3494.2
3494.8
3498.0
3521.9
3528.7
3533.6
3535.7
3543.6
3545.1
3556.2
3563.1

4162.4
4156.0
4154.6
4162.0
4187.6
4187.8
4186.8
4186.5
4195.2
4200.6
4212.9
4225.1

5040.0
5035.5
5036.4
5053.8
5086.8
5087.3
5083.6
5092.4
5085.5
5093.3
5104.1
5122.6

11758.5
11782.3
11822.2
11869.0
11914.9
11979.7
12037.7
12092.8
12145.7
12179.3
12237.4
12309.6

1133.5
1138.6
1142.4
1141.3

3569.0
3564.7
3579.2
3587.9

4229.9
4202.9
4211.6
4222.0

5143.7
5134.3
5141.3

12354.4
12400.2
12460.6

1992-MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

952.7
954.7
964.2
976.1
989.2
1004.2

1993-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1033.0
1035.4
1040.2
1047.1
1067.7
1076.6

1994-JAN.
FEB.
MAR.
APR.

1016.6
1024.8

1086.8

p

p

Not seasonally adjusted
1992-MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

943.9
952.0
962.9
971.0
983.6

1001.8
1022.4
1046.7

4180.2
4179.8
4180.3
4195.5
4190.0
4190.5
4203.6
4198.2

5001.1
5016.7
5012.9
5032.9
5045.2
5050.3
5083.6
5087.6

11348.7
11400.0
11452.0
11512.6
11564.9
11599.4
11658.2
11723.3

3508.3
3484.2
3495.8
3515.2
3507.3
3524.4
3529.8
3528.6

4162.9
4149.4
4157.3
4177.2
4178.6
4184.1
4179.9
4183.2
4184.4
4195.1
4224.5
4244.5

5053.6
5030.2
5042.5
5063.2
5064.8
5076.7
5069.0
5082.3
5073.4
5085.8
5125.2
5157.3

11745.0
11757.3
11798.6
11841.7
11883.9
11946.2
11997.8
12053.9
12112.2
12149.3
12224.3
12309.6

4230.8
4193.7
4211.5
4237.6

5157.9
5126.0
5145.2

12340.0
12374.0
12437.3

1993-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.

1041.0
1023.0
1031.6
1058.7
1058.1
1073.2
1084.6

SEP.
OCT.
NOV.
DEC.

1099.1
1129.6
1153.8

3533.2
3543.1
3564.9
3585.7

1994-JAN.
FEB.
MAR.
APR.

1142.8
1124.7
1131.9
1153.3

3575.7
3552.6
3577.6
3605.2

1088.8
1111.8

Footnotes appear on the following page
p

3467.4
3473.4
3478.1
3484.1
3486.7
3504.6
3517.4
3527.6

preliminary




p

p

H.6 (508)
Table 2

Page 2

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

'

M2

M3
-0.7

4.9

DEBT1

3 Months

f r o m JAN.

1 9 9 4 TO A P R .

1994

2.8

2.1

6 Months

f r o m OCT.

1993

TO A P R .

19 94

5.0

2.4

1.0

5.2

12 M o n t h s

f r o m APR.

1993

TO A P R .

1994

9.0

2.6

1.4

5.4

3.5

2.1

-0.6

5.5

2.1

0.7

8.9

2.3

1.2

T h i r t e e n w d e k s e n d i n g MAY 2 3 , 19 9 4
f r o m t h i r t e e n weeks e n d i n g :
FEB. 2 1 , 1994 (13 w e e k s p r e v i o u s )

1

M1

NOV.

22,

1993

(26 weeks p r e v i o u s )

MAY

24,

19 93

(52 weeks p r e v i o u s )

% % % % %

^

endin

°

"*"* •afar*""

lhe monMa,y

lamely, December 1993to March 1994. September 19931. March 1994,

Footnotes to Table 1:
1.

2.




h

°'dl"9S

01 U S

-

saVin98 b

°"ds.

Treasury securities, commercial paper and bankers acceptances, net of money market

Page 3
H.6 (508)
Table 3

MONEY STOCK MEASURES

Billions of dollars
Seasonally adjusted

Period ending

M3

M2

M1
13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

1994-FEB.

28

1133.2

1138.6

1140.6

3565.6

3564.7

3565.3

4219.9

4203.0

4196.9

MAR.

7
14

1134.3
1135.5
1136.6
1137.9

1139.8
1140.5
1141.5
1143.0

1140.4
1141.7
1143.3
1146.7

3566.7
3568.0
3569.6
3571.2

3567.1
3570.2
3576.1
3580.9

3574.1
3581.3
3583.7
3584.5

4218.7
4217.8
4217.3
4216.4

4200.9
4202.6
4208.4
4212.9

4203.2
4214.6
4218.7
4215.0

18
25

1139.2
1140.3
1140.6
1140.6

1144.9
1145.4
1144.0
1141.4

1148.0
1143.7
1137.6
1136.4

3572.4
3574.6
3575.8
3576.6

3582.8
3586.3
3587.4
3586.9

3581.7
3595.1
3588.4
3582.4

4215.3
4214.9
4214.4
4213.5

4215.9
4218.5
4221.3
4221.8

4215.2
4224.9
4229.9
4217.2

2
9
16p
23p

1140.8
1141.3
1141.7
1142.1

1139.0
1138.7
1140.2
1142.1

1138.3
1142.3
1143.6
1144.3

3577.8
3579.5
3581.2
3584.0

3586.7
3584.9
3585.5
3588.8

3580.7
3587.9
3591.0
3595.6

4212.4
4212.7
4213.2
4215.0

4220.8
4218.2
4214.4
4214.8

4211.0
4214.7
4214.5
4219.0

21
28
APR.

4

11

MAY

Not seasonally adjusted
1994-FEB.

28

1140.9

1124.7

1116.7

3572.0

3552.6

3544.0

4224.0

4193.7

4181.6

MAR.

7
14

1140.3
1139.5
1137.6
1134.8

1126.8

1142.0
1136.6
1119.0

3571.2
3570.9
3570.4
3569.9

3557.7
3565.0
3573.0
3577.8

3582.7
3588.5
3576.6
3563.5

4221.4
4218.8
4216.7
4213.8

4194.8
4200.6
4208.7
4212.3

4212.3
4226.8
4214.0
4195.9

25

1133.7
1133.4
1134.4
1135.2

1135.7
1143.1
1152.1
1155.7

1158.8
1166.4
1164.2
1133.5

3570.3
3572.5
3574.9
3576.5

3583.1
3594.9
3606.4
3609.4

3603.9
3635.7
3622.6
3575.5

4213.0
4213.5
4214.3
4214.3

4217.0
4226.7
4238.6
4241.9

4231.2
4265.5
4261.6
4209.2

2
9
16p
23p

1136.9
1137.9
1138.8
1138.8

1149.2
1144.0
1138.0
1134.6

1132.7
1145.6
1140.0

3579.0
3580.8
3582.7
3584.4

3600.4
3587.9
3578.2
3576.0

3567.6
3586.0
3583.7
3566.5

4214.6
4215.2
4215.9
4217.1

4233.6
4221.4
4209.0
4206.1

4198.1
4216.5
4212.2
4197.5

21
28
APR.

4

11
18
MAY

1129.0
1130.9
1131.5

1128.2

1120.1

Note: Special caution should be taken in interpreting week-to-week changes in money supply data, which are highly volatile and subject to revision,
p

preliminary data.




Table 4

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

Date

At commercial
banks4

At thrift
institutions5

Nontransactions components
Total

In M26

In M3 only7

8.1

339 . 6

280.8

104.1

384.9

2484.3

674.0

1993-JAN.
FEB.
MAR.

294.5
297.0
299.3

8.0
8.0
8.0

341.9
342.7
344.3

283.5
283.8
284.9

105.0
103.9
103.6

388.6
387.7
388.5

2469.8
2458.8
2454.6

661.8

APR.
MAY
JUNE

301.8
304.4
307.2

8.1
8.1

349.0
358.8
362.2

284.2
290.3
292.4

104.1
106.1
106.8

388.2
396.4
399.2

2450.9
2454.1
2452.1

664.0
665.8
659.1

JULY
AUG.
SEP.

309.7
312.4
315.4

366.4
370.9
375.4

294.8
295.9
297.8

108.0
108.3
108.8

402.8
404.2
406.6

2446.8
2440.4
2438.5

653.3
650.8
651.6

OCT.
NOV.
DEC.

317.6
319.5
321.4

378.4
383.2
384.8

299.1
300.8
302.6

110.4
111.7

409.5
411.8
414.3

2431.7
2433.8
2434.8

655.5
656.7
662.0

199 4 - J A N .
FEB.
MAR.

325.2
329.2
332.4

7.9
7.9
8.0

388.3
390.3
390.0

300.4
299.2
300.0

111.6
112.0
112.0

412.0
411.2
411.9

2435.5
2426.2
2436.9

660.9
638.2
632.3

APR.

334.8

8.1

388.9

298.4

111.1

409.5

2446.6

634.0

334.0

8.1

391.5

300.7

112.4

413.1

2437.8

630.5

8.1

393 . 8
391.2
386.9
386.0

301.7
298.5
297.4
296.5

110.7

412.4
410.4
408.4
406.9

2433.7
2451.4
2450.7
2446.0

633.5
629.8
641.6
634.7

384.4
386.7
386.2
387.4

298.2
299.9
300.7
301.0

409.3
410.9
411.9
410.9

2442.4
2445.6
2447.4
2451.3

630.3
626.9
623.5
623.4

4

MAY

8.0

18
25

333.7
334.0
334.3
335.3

8.1

2
9
16p
23p

336.4
336.6
337.3
337.7

8.1 e
8.2 e
8.2 e

11

7.

Other checkable deposits

292 . 2

APR.

4.
5.
6.

Demand deposits3

1992-DEC.

Week e n d i n g
199 4-MAR. 28

1.
2.
3.

Travelers checks2

8.1
8.1

8.1

111.0

111.8
110.9
110.4

111.1
111.0
111.2
110.0

659.6
659.8

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.
Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers checks issued by depository institutions are included in demand deposits.
Demand deposits at commercial banks and foreign-related institutions other than those due to depository institutions, the U.S. government and foreign banks and official
institutions, less cash items in the process of collection and Federal Reserve float.
Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.
Consists of NOW and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts.
Sum of overnight RPs and Eurodollars, money market fund balances (general purpose and broker/dealer), savings deposits (including money market deposit accounts) and
small time deposits. This sum is seasonally adjusted as a whole.
Sum of large time deposits, term RPs and Eurodollars of U.S. residents, money market fund balances (institution-only), less the estimated amount of overnight RPs and
Eurodollars held by institution-only money market mutual funds. This sum is seasonally adjusted as a whole.


e
estimated


p

preliminary

Page 5
H.6 (508)
Table 4 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Small-denomination time deposits2

Savings deposits1

p

Large-denomination time deposits3
At
commercial
banks4

At
thrift
institutions

At
thrift
institutions

Total

At
commercial
banks

At
thrift
institutions

1992-DEC.

754.6

429 . 0

1183.6

508.7

361.8

870.5

352.0

201.5

292.8

67.5

360.3

1993-JAN.
FEB.
MAR.

754.1
757 .2
757.2

429 . 8
426.5
425.3

1183.8
1183.7
1182.4

504.2
504.8
501.7

356.7
349.0
345.1

860.8
853.8
846.8

350.3
345.3
345.9

196.6
198.0
197.7

285.7
284.1
279.8

67.5
66.0
65.1

353.2
350.1
344.8

APR.
MAY
JUNE

759 .5
766.7
771.0

426.0
428.4
429.4

1185,
1195,
1200.4

496.6
491.9
487.5

342.8
340.5
336.3

839.4
832.4
823.9

345.9
348.5
347.5

196.3
19 8 . 0
194.7

283.6
283.6
280.9

65.3
64.7
64.4

348.8
348.2
345.3

JULY
AUG.
SEP.

771.7
775.4
778.0

430.4
430.5
430.4

1202.1
1205.9
1208.4

483.0
478.6
475.4

331.4
327.6
324.0

814.4
806.2
799 .4

346.6
345.5
345.0

192.6
190.1
190.8

277.4
277.8
276.6

64.5
63.9
63.8

341.8
341.6
340.4

OCT.
NOV.
DEC.

778.4
782.4
785.3

430.4
429.5
430.2

1208.8
1211.9
1215.5

472.4
469 . 5
468.5

321.0
318.5
314.3

793.5
788.0
782.8

344.4
347.0
348.8

194.3
194.8
197.0

277.9
275.9
277.1

63.7
63.5

61.8

341.6
339.4
339.0

1994-JAN.
FEB.
MAR.

7 9 0 .. 1
7 9 1 .. 1
7 9 0 . .3

4 3 0 . .2
4 2 9 . .7
4 3 1 . .6

1 2 2 0 . ,3
1 2 2 0 . ,9
1 2 2 1 . .9

4 6 5 . .5
4 6 3 . .9
4 6 2 . .6

3 1 1 . .7
3 0 8 . .4
307 ..0

7 7 7 ..2
7 7 2 . .4
7 6 9 . .6

3 4 7 . ,8
3 4 3 . .7
3 4 8 . ,6

192. 7
1 7 6 . ,9
1 7 7 . .4

2 7 9 . ,5
2 7 4 . .0
2 7 0 . ,0

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

341. 5
335. 7
3 3 0 . .9

APR.

7 8 8 . .2

4 3 2 . .4

1 2 2 0 . .7

4 6 1 . .8

3 0 6 . .0

7 6 7 . .8

3 6 1 . .9

1 7 7 . ,0

2 6 9 . .9

6 1 . .2

3 3 1 .. 1

7 8 8 ..9

4 3 2 , .3

1 2 2 1 . .2

4 6 2 . .3

3 0 6 , .7

7 6 9 ..0

3 4 8 . .3

1 7 5 . .8

2 7 0 .. 1

6 0 . .8

3 3 0 . .9

3 5 1 .. 1
3 6 0 , .2
3 6 4 .0
366 .4

1 8 1 . .8
1 7 5 . .0
1 8 3 , .2
1 7 3 ,. 4

2 6 3 , .5
2 6 7 , .5
269 .9
2 7 3 .7

6 1 . .2
6 1 , .2
6 1 .3
6 1 .2

3 2 4 . .7
3 2 8 , .7
3 3 1 ,. 1
3 3 4 .9

61
60
59
59

335
334
334
332

Week e n d l n c i
1 9 9 4 - M A R . 28

3
4.

Institutiononly money
market funds

At
commercial
banks

Date

1.
2.

General
purpose and
broker/dealer
money
market funds

Total

APR.

4
11
18
25

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

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

1 2 2 3 .. 1
1 2 2 1 . .6
1 2 2 2 . .0
1 2 1 7 , .0

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

306
306
306
305

.5
.4
.2
.5

7 6 7 . .9
7 6 8 ,. 0
767 .8
767 . 1

MAY

2
9
16p
23p

784
784
783
784

432
432
431
432

.9
.0
.5
.1

1 2 1 7 .6
1 2 1 6 , .4
1 2 1 5 .2
1 2 1 6 .4

463
463
464
465

.0
.5
.1
.0

305
305
304
303

.3
.2
.5
.7

768
768
768
768

.7
.4
.7
.3

.3
.7
.7
.8

363
366
366
367

.8
.1
.5
.4

172
168
170
168

.4
.5
.3
.7

274
274
274
273

.5
.2
.4
.1

.0
.1
.9
.6

Total

.5
.4
.3
.6

Savings deposits include money market deposit accounts.
. ,.
,
,
L ,
x
Small-denomination time deposits—-including retail RPs—are those issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial banks and
thrifts are subtracted from small time deposits.
Large-denomination time deposits are those issued in amounts of $100,000 or more, excluding those booked at international banking facilities.
Large-denomination time deposits at commercial banks less those held by money market mutual funds, depository institutions, U.S. government, and foreign banks and official
institutions.
preliminary




H.6 (508)
Table 4 - continued

Page 6

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

Non-M3 Components of L

Date
Savings bonds
1992-DEC.

'

3.

Bankers acceptances2

Commercial paper3

Federal debt

332.5

20.6

364.3

3068.4

8653.1

1993-JAN.
FEB.
MAR.

158.7
160.8
162.4

337.3
339.3
338.4

20.6
20.0
19.4

361.0
359.4
361.5

3078.7
3090.8
3121.1

8679.8
8691.5
8701.1

APR.
MAY
JUNE

163.6
164.7
165.9

341.8
343.4
344.2

19.3
19.2
18.5

367.1
371.8
370.9

3149.0
3175.8
3208.1

8720.0
8739.1
8771.6

JULY
AUG.
SEP.

167.1
168.2
169.2

341.9
341.7
326.3

17.4
16.5
16.4

370.4
379.5
378.4

3227.8
3252.2
3271.3

8809.9
8840.7
8874.4

OCT.
NOV.
DEC.

170.1
170.8
171.7

321.5
321.0
324.3

16.4
15.3
14.7

384.7
384.1
386.8

3266.4
3291.4
3327.9

8912.9
8946.0
8981.8

172.7
173.4
174.1

334.6
339.7
340.0

15.0
15.3
15.5

391.6
403.0
400.1

3335.6
3349.3
3374.7

9018.8
9050.9
9086.0

mutuaffunds, and foreign S i t i e ?
Totalco2Trcialp%e% So'mrSerda^

remaining maturities of less than 12 months held by other than depository institutions, Federal Reserve Banks, money market
°fficial

institutions

-

Federal H o m e Loan

Banks, and money market mutual funds.

ata are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities.
p

Non-Federal debt

156.6

1994-JAN.
FEB.
MAR. p

1

Short-term Treasury
securities1

Debt components4

preliminary




Page 7
H.6 (508)
Table 5

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

Date

4.
5.

Demand
deposits3

8.

9.

At commercial
oanKs^

At thrift
IMSUIUUUIIS

Overnight RPs8

Overnight
Eurodollars9

Total

In M2

In M3 only7
670.5

59.3

21.3

6

19 9 2 - D E C .

295.0

7.8

355.1

284.3

104.6

388.9

19 9 3 - J A N .
FEB.
MAR.

293 .5
295.3
297 .9

7.8
7.7
7.8

345.9
334.3
336.5

289.4
284.2
286.5

104.4
101.5
103.0

393.8
385.7
389.5

2467.3
2461.2
2464.1

654.6
665.2
661.5

60.0
60.7
62.7

17.8
17.0
16.1

APR.
MAY
JUNE

301.3
304.4
307 .4

7.8
7.9
8.2

350.5
352.0
359.6

291.9
287.6
290.6

107.3
106.2
107.5

399.2
393.8
398.0

2456.4
2449.2
2451.2

662.1
671.2
659.7

62.5
61.7
64.8

14.7
13.5
13.7

JULY
AUG.
SEP.

311.0
312.8
314.8

8.4
8.4
8.2

365.9
367.9
373.1

290.9
292.1
295.0

108.5
107.7
108.0

399 .3
399 .7
403.0

2445.2
2439.8
2434.1

650.1
654.6
651.2

67.7
67.4
70.4

13.5
14.7
14.9

OCT.
NOV.
DEC.

317.3
319.8
324.9

8.0
7.7
7.6

381.1
391.1
402 .6

295.6
299.6
306.3

109.8
111.4
112.4

405.3
410.9
418.6

2431.3
2435.3
2432.0

652.0
659.6
658.8

70.8
71.7
72.6

17 . 2
17.4
17.8

1994-JAN.
FEB.
MAR.

324.0
327.3
330.7

7.7
7.7
7.8

393.1
380 .6
380.7

306.8
299.6
301.6

111.2
109.5
111.3

417.9
409.1
412.9

2432.9
2428.0
2445.7

655.1
641.1
633.9

75.4
74.2
77.6

17.9
16.6
18.0

334.4

7.8

390.3

306.4

114.4

420.8

2452.0

632.4

77.1

16.0

APR.

330.8

7.8

374.0

297.7

108.7

406.4

2444.5

632.4

77.4

18.6

APR.

4
11
18
25

333.8
335.3
334.1
333.4

7.8
7.8
7.8
7.8

395.8
396.0
395.4
379.1

306.1
310.3
311.0
302.1

115.2
117.0
115.9
111.1

421.2
427.2
427.0
413.2

2445.2
2469.3
2458.4
2442.0

627.2
629.8
639.0
633.7

70.1
80.7
80.4
76.4

17.4
16.2
15.1
15.5

MAY

2
9
16p
23p

333.9
337.9
337.2
336.7

7.8
7.8 e
7.9 e
8.1 e

381.8
383 .4
384.3
371.2

297.8
302.3
298.8
295.7

111.6
114.1
111.7
108.5

409.3
416.4
410.5
404.2

2434.8
2440.4
2443.7
2446.4

630.5
630.5
628.5
631.0

73.8
73.6
76.2
77.6

16.4
15.0
16.2
18.6

asnof

6.

7.

Nontransactions components

Other checkable deposits

2480.9

Week e n d l n a
1994-MAR. 28

1.
2.
3.

Travelers
checks2

Eurodollars held by institution-only money market mutual funds.
Consists of overnight and continuing contract RPs issued b"
Issued by foreign branches of U.S. banks worldwide


e estimated


p

preliminary

H.6 (508)
Table 5 - continued

Page 8

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

Savings deposits1
Date
1992-DEC.

At
commercial
banks

At
thrift
institutions

752.9

428.1

Small-denomination time deposits2

General
purpose and
broker/dealer
money
market funds

Institutiononly money
market funds

Large-denomination time deposits3

Total

At
commercial
banks

At
thrift
institutions

Total

1181.1

507.8

361.2

869.0

350.2

200.4

291.7

67.2

358.9

At
commercial
banks4

At
thrift
institutions

Total

1993-JAN.
FEB.
MAR.

750.2
754.0
758.5

427.5
424.7
426.0

1177.7
1178.7
1184.5

504.4
504.7
501.3

356.8
349.0
344.8

861.3
853.6
846.1

350 .6
3 5 1 .2
354 .8

APR.
MAY
JUNE

200 .5
208 .4
201 . 1

282 .8
282 .5
279 .7

66.8
65.7
65.0

761.9
767.2
773.6

349.6
348.2
344.8

427.4
428.6
430.9

1189.3
1195.8
1204.5

496.1
490.7
487.1

342.4
339.7
336.0

838.5
830.5
823.0

351 .4
347 .7
3 4 5 . .2

JULY
AUG.
SEP.

195 .6
1 9 9 ,. 7
1 9 1 ..0

282 .7
285 .8
282 .8

65.1
65.2
64.8

773.6
776.0
776.7

347.8
351.0
347.6

431.4
430.8
429.7

1205.0
1206.9
1206.4

483.9
479.6
476.7

332.1
328.3
324.9

816.0
807.9
801.5

3 4 3 . .0
3 4 3 . .0
340. 8

OCT.
NOV.
DEC.

1 8 8 . .6
190. 1
187. 5

2 7 7 .. 1
2 7 9 . .5
277. 6

64.4
64.3
64.0

777.7
784.0
783.9

341.5
343.8
341.6

430.0
430.4
429.4

1207.7
1214.4
1213.2

473.3
468.8
467.6

321.6
318.1
313.6

794.9
786.9
781.2

340. 7
345. 0
347. 2

189. 2
194. 0
195. 8

277. 6
276. 2
276. 0

63.7
63.6
61.6

341.3
339.8
337.6

1994-JAN.
FEB.
MAR.

786.1
787.7
791.3

428.0
427.9
432.2

1214.1
1215.6
1223.6

465.6
463.8
462.1

311.8
308.3
306.7

777.3
772.1
768.9

348.1
349.4
357.6

196.2
186.1
180.5

APR.

276.5
272.3
269.8

61.4
61.3
60.9

790.6

337.8
333.6
330.7

433.7

1224.3

461.3

305.7

767.0

367.6

176.2

269.2

61.0

330.2

Week e n d l n c r
1994-MAR. 28
APR.

4

11
18
25
MAY

tmih9^

2
9
16p
23p

deposit

789 .2

432.4

1221.6

461.9

306.4

768.3

358.6

179.7

270.0

60.8

795.5
799.1
791.9
782.8

330.7

435.6
436.9
433.9
430.9

1231.1
1235.9
1225.7
1213.7

461.6
461.3
461.1
460.9

306.6
306.3
305.8
305.1

768.2
767.6
766.9
766.0

358.4
368.8
370.2
370.5

175.9
176.6
174.4

263.4
267.0
268.7
272.7

61.2
61.1
61.0
61.0

324.5
328.2
329.7
333.6

431.0
433.1
433.1
432.0

1212.5
1219.5
1219.7
1216.1

462.1
462.6
463.1
463.9

304.8
304.6
303.8
303.0

766.9
767.2
766.9
766.8

365.3
365.1
364.7
367.2

172.2
171.6
171.9
173.2

274.1
275.4
276.2
276.0

60.9
60.
60.2
60.2

335.0
335.8
336.4
336.2

781.4
786.4
786.6
784.1

180.8

® . i n c l u d e m o n e y market deposit accounts.

banks a n d Z i f t l

preliminary




issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial

Page 9
H.6 (508)

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

Debt components6

Non-M3 Components of L

Term RPs

Non-Federal
debt

Short-term
Treasury
securities3

Bankers
acceptances

Commercial
paper

156.4

345.3

21.4

366.3

3069.8

8653.5

82.3
86.0

43.5
46.7
49.8

158.6
161.0
162.9

343.0
340.5
341.9

21.4
20.2
18.9

367.7
359 . 1
361.6

3076.2
3087.3
3121.4

8668.8
8670.0
8677.2

22.9
23.2
22.6

88.9
89.8
92.8

48.7
48.7
45.5

164.2
165.2
166.1

333.4
335.2
338.5

18.7
19.1
18.5

369.7
366.7
369 . 5

3142.9
3161.1
3188.9

8698.8
8722.8
8757.4

72 .7
71.9
71.1

23.7
24.2
24.5

96.4
96.0
95.6

41.9
44.1
45.2

167.0
167.8
168.7

337.4
340.4
324.2

17.4
16.3
15.9

367.3
374.6
380.2

3201.8
3229.4
3251.9

8796.1
8824.4
8860.3

OCT.
NOV.
DEC.

70.2
69.3
70.3

24.0
24.7
25.0

94.2
94.0
95.3

44.9
48.5
46.4

169.6
170.6
171.4

319.6
328.8
336.8

16.3
15.7
15.3

385.2
385.6
389.3

3249.4
3287.0
3329.5

8899.9
8937.3
8980.1

1994-JAN.
FEB.
MAR.

65.8
63.4
66.0

25.5
25.9
25.1

91.3
89.3
91.2

45.4
48.1
47.5

172.6
173.7
174.6 p

340.0
341.0
343.8 p

15.7
15.6
15.1 P

398.9
402.0
400.2 p

3333.0
3345.4
3374.4 p

9007.0
9028.7
9062.8 p

APR.

68.1

25.1

93.2

48.3

65.7

24.8

90.5

47.8

Term
Eurodollars

At commercial
banks

At thrift
institutions

19 9 2 - D E C .

61.1

20.0

81.1

45.6

1993-JAN.
FEB.
MAR.

59 . 1
60.2
63 .7

21.0
22 .1

80.1

22.3

APR.
MAY
JUNE

65.9
66.6
70.2

JULY
AUG.
SEP.

Week e n d i n g
199 4-MAR. 28
APR.

4
11
18
25

71.5
67.5
69.5
66.5

24.4
24.8
25.4
25.7

95.9
92.2
94.9
92.3

46.6
48.4
49.3
49.0

MAY

2
9
16p
23p

66.7
65.6
62.0
63.0

24.9
25.9
26.0
26.4

91.6
91.5
88.0
89.3

47.3
47.4
48.0
48.6

Savings bonds

Federal debt

1.
2.

4.
5.
6.

r

U

o f b a £ s

p
preliminary



a

^ T = e

e

S d b , accepting banks. Federal Reserve Banks foreign official Ins,Ifu,Ions, Federal Heme Loan Banks, and m e n , , marks, mutual funds.

H.6 (508)
Table 6

Page 10

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

1992-DEC.

Foreign
official
institutions

9.0

1.6

9.6

5.2

6.0

14.3

10.1
10.3
10.5

6.1
4.3
4.2

7.7
5.9
5.4

U.S. government deposits
Demand
deposits at
commercial
banks

Note
balances at
depository
institutions

IRA and Keogh Accounts
Time and
savings
deposits at
commercial
banks

At
commercial
banks

25.5

2.6

147.2

124.9

45.4

317.4

27.0
25.2
13.2

40.8
35.4
22.8

2.0
2.5
2.4

147.2
146.9
147.7

123.7
122.6
121.2

44.6
45.6
45.6

315.6
315.1
314.4

14.5

26.5
26.1
34.6

1.5
2.6
3.0

148.0
146.9
146.5

119.8
119.1
118.5

45.1
46.0
46.7

313.0
312.0
311.7

118.1
117.8
117.4

47.3
47.4
47.5

311.8
311.2
310.7
310.9
311.7
311.4

Total
cash
balance

At
thrift
institutions

At
S
7unds

Total

1993-JAN.
FEB.
MAR.

8.7
8.7
8.3

1.4
1.5
1.6

APR.
MAY
JUNE

7.8
8.3
8.2

1.7

10.8

5.8

1.6

11.1

4.2

6.2
5.8

1.6

11.5

5.4

8.1

16.1
21.1

JULY
AUG.
SEP.

8.5
8.1
8.5

1.7

11.5

4.2

1.6

11.2

3.8

1.5

10.8

5.5

6.9
5.7
9.3

21.4
20.0
23.2

32.5
29.5
37.9

2.8
3.1
2.8

146.4
146.1
145.8

OCT.
NOV.
DEC.

8.3
8.2
9.2

1.6
1.8
1.6

10.7
10.8
10.9

4.5
4.0
5.2

5.9
5.6
6.7

12.6
8.8
16.2

23.1
18.4

28.1

2.6
2.7
2.6

145.2
144.6
144.2

117.5

48.1 e
49.1 e
49.8 e

1.6

5.7
4.2
4.3

7.3
6.3
5.2

25.2
27.9
15.7

38.3
38.4
25.1

2.1
2.5
2.4

143.9
143.6
142.6

116.6 e
116.1 e
115.5 e

50.1 e
50.7 e
51.3 e

310.6 e
310.4 e
309.5 e

142.1

115.0 e

52.3 e

309.4 e

199 4 - J A N .
FEB.
MAR.

8.5
8.3
7.9

1.6

11.0
11.0
11.0

APR.

8.4

1.6

11.0

7.1

5.6

20.8

33.6

2.0

Week e n d i n g
1994-MAR. 28
APR.

4

11
18
25
MAY

e
p

Foreign
commercial
banks

Time and
savings
deposits due
to foreign
banks and
official
institutions

2
9
16p
23p

estimated
preliminary




1.5

7.9

1.8

11.0

3.4

4.6

20.0

28.0

2.3

8.3
9.4
7.9
8.0

1.5
1.5
1.7
1.4

11.0
11.0
11.0
11.0

5.3
3.9
14.0
5.1

6.3
4.3
4.8
6.6

17.0
9.2
10.5
32.1

28.6
17.4
29.3
43.8

1.0
1.0
3.3

8.1

1.8

8.3

8.1

1.4
1.5

7.9

1.6

11.0
11.0
11.0
11.0

6.3
3.6
4.5
3.4

38.8
39.4
32.1
14.4

51.6
50.2
42.9
23.0

3.2
3.1
3.1
3.2

1.9

117.6

118.0