Full text of H.6 Money Stock Measures : June 26, 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 (508)
Table 1

JUtfE

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

2 6 , 1986

Billions of dollars
M1
Sum of currency,
travelers checks,
demand deposits and
other checkable deposits1

Date

1985—HAI
JUHE
JULY
AUG.
SEPT.
OCT.
MOV.

M2
M3~
M1 plus overnight RPs
M2 plus
and Eurodollars,
large time deposits,
MMMF balances (gen. pur. term RPs, term Eurodollars
and institution-only
and broker/dealer), MMDAs,
MMMF balances3
and savings and small
2
time deposits
Seasonally adjusted

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors'1

UEC

562.5
590.9
596.2
604. 6
611.5
614.2
620.1
626.6

2452.0
2479.0
2496.1
2515.4
2529.5
2538.4
2550.6
2565.8

3069.9
3098.0
3113.3
3131.4
3151.5
3166.0
3160.9
3200.1

3637.7
3666.7
3664.4
3712.4
3740.4
3761.8
3798.9
3637.2

625b.i
6J20.2
6389.6
6460.J
6525.3
6592.0
66d0.3
6609.8

1986—JAM.
fEB.
«Afi.
APfi.
BAY

627.2
631.0
638.4
6<*6« 1
656.6

2569.0
2576.6
2591.2
2620.9
2646.9

3222.6
3239.3
3259.1
3268.3
3306.7

3856.9
3877.0
3889.3
3915.1

6914. 1
6964.5.
7012.6
7069.5

Not »etowHy adjusted
1985—HAX
JUHE
JULI
AUG.
SEPT.
OCT.
MOV.
D£C

1986—JAM.
FEB.
flAJL
APfi.
HAI

576.5
592.7
599.6
602.0
609.1
612.2
621.7
639.9

2444.1
2460.7
2501.0
2510.9
2521.0
2533.7
2549.1
2573.9

3063.9
3098.0
3110.6
3127.3
3145.0
3163.0
3184.3
3212.8

3626.0
3665.8
3663.9
3710.1
3736.1
3759.4
3801.5
3843.4

6231.9
6299.3
6370.3
6441.5
6509.9
6576.4
6667.1
660J.9

633.5
619.2
630.5

2577.7
2569.9
2593.2
2630.6
2637.8

3230.5
3231.3
3259.5
3294.8
3299.9

3864.1
3869.4
3693.4
3925.3

6907.5
6945.2
6965.6
7040.9

652.3
651.7

M1
For period ended

1986-HAI

JUKE

I0XE:

Seasonally adjusted

Hot seasonally adjusted

5
12
19
26

640.0
641.9
644.1
646.1

647.5
651.2
654.5
657.5

654.6
656.1
658.8
660.6

636.1
638.3
640.9
643.1

652. 6
651. 6
650. 3
650. 7

653.9
65 j . 1
652.6
642.9

2
9 P
16 P

648.5
650.8
653.1

659.7
662.4
664.8

663.2
666.9
668.5

645.9
649.1
652.5

651. 9
657. 7
663. 2

658.6
676.3
675.1

SPECIAL CA0TIOM SHOULD BE TAKEN If IITEHP1ETI1G SEE*-TO-MEEK CfLAIGES XI HOME! SUP PUT DATA. fHICH ABE
HIGHLY TOLATILE AID SUBJECT TO *£¥ISI0M.
P — IMDICATES PBELiaiMAfi* DATA.
FOOTMOTES APPEAfi 01 THE fOLLOtflHG PAG8




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 FROM PEB.

1986 TO HAT

1986

17.5

10.9

8.3

9.Q

6 MONTHS FROM NO?.

1985 TO MAX

1986

12.4

7.5

7.9

14.5

1985 TO MAI

1986

13.1

7.9

7.7

14.2

12 MONTHS FROM MAX

THIRTEEN HEEKS ENDING JUNE 16, 1986
FBOH THIRTEEN IIEEKS ENDINGS

V
1/

2/

3/

5/

HAM.

17, 1986 (13 KEEKS PREVIOUS)

14.3

DEC.

16, 1985 (26 WEEKS PREVIOUS)

11.4

JUNE

17, 1985 (52 UEEKS PEE?10OS)

12.6

GfiOHTIi BATES FOB DEBT ABE BkSED ON PEBIODS BEGINNING AND ENDING ONE MONTH EABLIEB THAN FOM THE MONETARY AGGREGATES #
NAMELY, JANOABI 1986 TO APBIL 1986, OCTOBEB 1985 TO APRIL 1986, AND APRIL 1985 TO APRIL 1986, RESPECTIVELY.
FOOTNOTES TO TABLE 1
CONSISTS OF (1) CUBBBNCI OUTSIDE THE TREASURY, FEDEBkL RESERVE BANKS, AND THE FAULTS OF COMMERCIAL BANKS;
(2) TRAVELERS CHECKS OF NONBANK ISSOEAS; (3) DEMAND DEPOSITS AT ALL COABEBCIAL BANKS OTHBB THAI) THOSE DOB 90
DOMESTIC BANKS, THE U.S. GOVERNMENT, AND fOBElGU BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PBOCESS
OF COLLECTION AND FEDEBAL BESEBVE FLOAT; AND (4) OTHEB CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE OtDEB
OF WITHDRAWAL (NO*) AND AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITORY INSTITUTIONS,
CBEDIT ONION SHARE DRAFT ACCOUNTS AND DEMAND DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AHA DEMAND
DEPOSIT COMPONENTS EXCLUDE TBE ESTIMATED AMOUNT OF YAULT CASH AND DEMAND DEPOSITS, RBSPECTIVELX, B£LD BX
THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF M1 PLUS OVERNIGHT (AND CONTINUING CONTRACT) BPS ISSUED BI ALL COMMERCIAL BANKS AND OVERNIGHT EURODOLLARS
ISSUED TO O.S. RESIDENTS BI FOREIGN BBANCHES OF U.S. BANKS NORLDHIDS, MMDAS, SAVINGS AND SBkLL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL RPS—IU AMOUNTS OF LESS THAN $100,000), AND BALANCES IM BOTH
TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BROKER/DEALER MONEY MARKET MUTUAL WUUDS* EXCLUDES IBA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND MONET MABKET FUUDS, ALSO EXCLUDES ALL BALANCES BELD BX U.S. COMMERCIAL
BANKS, HONEI MARKET FUMDS (GSNEBAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AND COMMERCIAL HANKS, AND
THE O.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THBIA TIME AND SAVINGS DEPOSITS.
CONSISTS OF M2 PLOS LABGE DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $100,000 OB MORE) AND TERM RP LIABILITIES ISSUED
BX COMMERCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BI U.S. RESIDENTS AT FOREIGN BRANCHES OF U.S. EANKS
WORLDWIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN HOTH TAXABLE AMD TAX-EXEMPT
INSTITOTION-OBLI MONEX MARKET MUTUAL FUNDS. EXCLUDES AMOUNTS HELD BT DEPOSITORY INSTITUTIONS, THE U.S. GOVERNMENT, MONET
MARKET FUNDS, AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS.. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS
THE ESTIMATED AMOUNT OF OVERNIGHT BPS AND EURODOLLARS HELD BI INSTITUTION-ONLI MONET MARKET MUTUAL FUNDS.
CONSISTS OF H3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TREASUR* SECURITIES, COMMERCIAL
PAPER AND BANKERS ACCEPTANCES, NET OF MONET MARKET MUTUAL FUND HOLDINGS OF THESE ASSETS.
DEBT OF DOMESTIC NOHFINANCIAL SECTORS CONSISTS OF OUTSTANDING CREDIT MARKET DEBT OF THE UNITED STATES GOVERNMENT,
STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS OF CORPORATE BQMS, MORTGAGES,
CONSUMER CREDIT (INCLUDING BANK LOANS)* 0TH4R BANK LOANS, COMMERCIAL PAPER, BkBKEBS ACCEPTANCES AND OTHEB DEBT
INSTRUMENTS. THE DATA Ak£ DERIVED FROM THE t&DBBkL AESEUXE BOARD'S FLOW OF FUNDS ACCOUNTS. ALL DATA ON DEBT OF DOMESTIC
NONFINANCIAL SECTORS AR* SBESEUtED IN MONTH-AVERAGE FORM, DERIVED BX AVERAGING MONTH-END LEVELS OF ADJACENT MONTHS. THE
DATA HAVE ALSO B£*H ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT MAT ARISE IN THE OMDEBLXIMG ILOtf OF FUUDS STATISTICS.
THE PRESENTATION OF D£bT DATA IN THIS RELEASE DHfFEkS$ THEBEFOR&, FROM THE QUARTERLY FLOH OF FUNDS STATISTICS CONTAINED
IN THE FBDEBkL B&SERVE RELEASES Z.I AND 2.1. IN TttOSK RELEASES, PUBLISHED LEVELS OF CREDIT MABKET DEBT ABE MEASURED ON
A QUARTER-ENi) BASIS AND INCLUDE DISCONTINUITIES.




COMPONENTS OF THE MONEY STOCK
MMliil uf ooMsf*, (

3

1—***********
Otttsr
-

cmoto*

BSMJCtSd

oomp

Cwwiicy'
4

tisposMS

IftM*

'

*t

at
UN III

Sits*

9m

fttnosdspoi
In MS
Of*/

tot*

at
Ifwffl

totsJ

LftfastftmtOspo•Us*
si
si
eommsfclaJ
Ifwffl
tot*
banks" Institutions

163.2
164.4

5.5
5.7

255.4
259.0

158.4
161.8

1869.5
1688.1

617.9
619.1

L banks
121.2
122.1

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

617.2
616.0
622.0

< 122.9
123.7
124.0

173.8
176.0
176.3

296.7
299.7
300.3

386.7
383.4
382.7

501.3
49 7.5
495.6

888.0
880.9
8/tt.J

264.0
266.9
270.6

154.3
154.1
155.1

418.3
421.0
425.6

OCT.
MOf.
DEC.

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
1930.6
1939.2

627.6
630.1
634.3

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
a/6.0
84*0.3

273.9
276.7
279. 1

155.9
156.3
157.3

429.7
432.9
436.5

1986-JAN.
FEB.
BAM.

171.9
172.9
17J.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

653.8
662.7
667.9

124.7
125.0
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

8*5.9
891.0
894.7

289.7
291.5
287.0

158.2
159.7
163.4

44 7.9
451.2
450.4

APR.
NAT

174.4
17S.8

6.1
6.1

275.7
281.6

189.9
195.1

1974.8
1988.3

667.4
659.8

126.6
128.9

184.9
189.7

311.5
318.6

387.9
384.8

508.2
506.1

896.2
890.9

287.0
281.4

165.0
164.8

452.0
446.2

1985-HAI
JOKE

banks

169.6
171.5

290.8
293.6

387.7
387.6

i>0l.8
i>02.6

889.5
890.3

269.3
267.3

155.7
155. 4

425.0
422.7

MEEK BNDING
1986
BAT

JUNE

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
280.2

2
9 P
16 P

176.3
176.5
176.8

284.1
285.9
286.3

196.8
19b. 4
199.4

129.7
130.4
130.7

383.1
382.0
381.6

279.1
279.4
281.5

;

1/

L

CURREBCI OUTSIDE THE 0.S. Til E AS OB I, WEDERkL RESHRfE BAEKS AID FAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
ABOONT OP FAULT CASB HELD BT THRIFT INSTITUTION'S TO SEJ2FICB TflBIB OCD LIABILITIES.
2/ OOTSTABDIIG ABOOBT OF O.S. DOLLAfi-DBBOBIBATED TRAFELBBS CHECKS OF MOBBABK ISSUERS. TRAFBLERS CHECKS ISSUED BT DSPOSITOfif
INSTITUTIONS ABB INCLUDED IB DEMAND DEPOSITS.
3/ DEMAND DEPOSITS AT COBBEBCIAL BANKS ABD POBBIGM RELktED INSTITUTIONS OTBEB THAR THOSE DDE TO DOMESTIC BANKS, THE O-S. GOFEBNBENT ABD FOHBIGN BABKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PBOCESS OF COLLECTION AND FEDERAL RESERVE FLOAT.
EXCLUDES THE ESTIMATED ABOUBT OF DEBAND DEPOSITS HELD AT COMMERCIAL BANKS BX THKIFT INSTITUTIONS TO S&BflCB THEIB OCD
LIABILITIES.
4/ CONSISTS OF NOB AND ATS BALANCES AT ALL DEPOSITOR! INSTITUTIONS, CMBDIT UNION SHABB DBAFT BALANCES AND
DEBAND DEPOSITS AT TBB1FT INSTITUTIONS. OTHEB CHECKABLE DEPOSITS SEASONALLT ADJUSTED 8UUALS THE Dlf£&U&UCB BBTHBBN THE
SEASOBALLT ADJUSTBD SUB OF DBBAND DEPOSITS PLUS OCD AND SEASONALLI ADJUSTED DEMAND DEPOSITS.
5/ SOB OF OfBENIGHT BPS AND OfBBNIGHT EURODOLLARS, HONET BABKBT FUND BALANCES (GENERAL PU&POSE AND BBOKBB/UEALBB)9
HHDAS, ABD SAflBGS ABD SMALL TIME DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPfcttSBNTS THE ESTIMATED AMOUNT OF
DB8AHD DEPOSITS AND fAOLT CASH HELD BT THBIFT INSTITUTIONS TO SEBFICE THEIB TIME AND SAflNGS DEPOSITS LIABILITIES.
6/ SOB OF LARGE TIME DEPOSITS, TERM RPS AND TURN BURODOLLABS OF O.S. RESIDENTS, HONET BARKET FUND BALANCES (INSTItUTIOB*
OELT), LESS A CONSOLIDATION ADJUSTMENT THAT tt&PBESENTS THE ESTIMATED AMOUNT OF OfERNIGHT RPS AND EURODOLLARS HELD BT
IBSTITOTIOB-OBLT BOBET MARKET tUBDSm
1/ SATIBGS DEPOSITS EXCLUDE HflDAS.
8/ SHALL DENOMINATION TIME DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN S100,000. ALL
INDIflDOAL RSTIBBBENT ACCOONTS (IBA) ABD KEOUH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS AR2 SUBTRACTED FROfl SBkLL
TIME DEPOSITS.
9/ LARGB DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000* OR BORB, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
10/ LARGE DENOMINATION TIBE DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BI HONE! MARKET MUTUAL FUNDS,
DBPOSITOBT INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.



H.6<508)
Table 4

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

Date

1985-APfl.
MAY
JUNE

2/
3/
4/

76.7
76.1
76.5

47.5

commercial paper9

Debt components4
non-federal debt

federal debt

44.5

167.7
168.6
165.7

1 423. 4
1442.0
1459.3

4769.4
4814.5
4B<»0. 9

277.J
280.6

43.7
4J.6
43.2

171.6
182.9
187.2

1479.5
1496. 7
1506.6

4910.3
4 963.6
501d.8

280.9
299.5
30 7.1

43.9
43.1
41.1

192.5
196.4
209.5

1518.0
1549.0
1b66.3

5074.0
5131.2
5223.5

275.ti
210.6

46.3

JULY
AUG.
SEPT.

76.7
77.2
78.0

OCT.
NOV.
i>JsC.

78.5
79.0

19*6-JAN.
*&&*
HAM.

79.9
bo. 5
81*1

305.9
298.0

41.5
42.1
41.6

210.6
209.2
209.5

loOtt.0
1621.1
1628.2

5306.1
534J.5
5384.4

bi.6

301.0

41.0

203.0

1638. 8

5430.6

APB. P

1/

savings bonds

Non-M3 components off LL
s acceptances3
short term treasury
securities1

CONSISTS OF U . S . TKEASUfcY B I L L S AMD COUPONS WITB BEMAIMIMG MATURITIES OF LhSS THAN 1 2 MONTUS H E U ) Bl OTttEJi THAU DKPOSITOkl
I N S T I T U T I O N FBDEKAL fixiSBHVK TAJIKS, HUN El i t A * * 4 T MUTUAL FUNDS AMD FOfiiiIGM E N T I T I E S .
MBT OF BAMKEES ACC£PTAMC£S H£U) BY ACCtlPTIMG 4AU&S,
FEDJSJUL HZSEUVE BANKS, FOREIGN OFFICIAL I N S T I T U T I O N S , TBS FED&UkL
HOd£ LOAN BANK SYSTtiH AND rtONiil BASKET MUTUAL FUNDS.
TOTAL COHHEfiCIAL PAP£B Lk£S COflBEBCIAL PAPSH dk.ll) o l MONEY MAttKET MUTUAL FUNDS.
HiSBT DATA ABE ON A MONTHLY AVEKAGE B A S I S , DEHxVED BY AVERAGING END-OF-flONTU LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO HEHOVE D I S C O N T I N U I T I E S .




H.6 (508)
Table 5

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

Other checkable deposits
Date

Currency1

Travelers
checks2

Demand
deposits 3

at commercial
banks4

at thrift
institutions 5

total

in M26

in M3 only 7

Overnight
RPs8

Overnight
Eurodollars9

General
purpose and
broker/dealer
money market
funds

1985-MAY
JUNE

163.1
165.1

5.4
5.9

251.0
259.4

110.5
113.8

46.5
48.4

157.0
162.2

1867.6
1888.0

619.9
617.3

48.5
48.1

12.8
12.7

172-2
175.4

JULI

166.8
167.7
167.6

6.5
6.6
6.2

261.8
260.4
2o5.0

115.0
117.0
119.0

49.5
50.3
51.3

164.5
167.3
17 0.3

1901.4
1908.9
1911.9

609.8
616.4
624.0

48.3
49.4
50.2

12.4
14.2
14.0

175.8
176.8
176.7

168.4
170.7
173.1

5.9
5.6

5.5

265.6
269.0
281.3

119.8
122.6
125.8

52.5
53-8
54.4

172.3
176.4
180- 1

1921.5
1927.4
1934.0

629.3
635.2
638.9

50.4
51.9
52.6

14.3
13.9
17.0

177.0
176.8
176.5

170.5
170.6
172.3

5.5

275.1

5.6
5.8

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

652.7
661.4
666.2

49.2
51.4
50.1

18.8
16.1
16.3

177.7
181.0
186.2

173.6
175.8

5.8
5.9

278.6
276.7

134.8
132.8

59.9
60.6

194.7
193.4

1977.7
1986.1

664.3

49.5
49.6

17.5
16.8

191.4
193.4

AUG.
SEPT.
OCT.
MOV.

DEC.
1986-JAN.
FEB.
HAfiL

APEBAY

t>6^« 1

HEEK ENDING;
1986-flAI

JUflE

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

5

17a.9

12
19
26

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

17.4
15.7
16.2
17.2

190.0
191.9
193.2
195.9

2
9 P
16 P

175.6
178.4
177.8

281.5
288.8
289.1

134.0
138.6
138.0

61.5
64.3
63.9

195.4
202.9
201.9

52.4
46. 1
46.6

18.2
14.7
14.5

195.7
196.4
198.3

CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL UESZiWE BANKS AND THE VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OF VAULT CASH HELD BI THRIFT INSTITUTIONS TO SERVICE THEIR UCD LIABILITIES.
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 OTHER THAN XHOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THr. PROCESS OF COLLECTION AND F.R. FLOAT, LESS THE ESTIMATED AMOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THtIR OCD LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES A'i COMMERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT
CORPORATIONS.
CONSISTS OF NOi AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE
DBAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS.
SUM OF OVERNIGHT RPS AND EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), MMDAS AND SAVINGS
AND SHALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM RPS AND EURODOLLARS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSTITUTION-ONLY), LESS 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 RPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED xiY FOREIGN BRANCHES OF V.S. BANKS ilORLDWIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND bciOKEfc/UEALEK) .




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
commercial
thrift
banks
institutions

at
commercial
banks

Savings deposits1
_ _
thrift
institutions

total

Small denomination time deposits2
at
at
thrift
total
commercial
institutions
banks

3
Large denomination
_ time deposits
at
total
thrift
commercial
institutions
banks4

293.4
307.5

168.0
170.6

466.4
478.1

121.8
123.2

170.4
172.2

292.2
295.4

3 85.2
33b. 5

498.2
499.9

383.5
88b.J

268.5
2b5.5

155.1
154.9

423.6
420.4

JULY
AUG.
SEP I,

313.2
317.9
321.3

174.0
177.3
173.5

487.2
495.2
499.8

124.4
124.0
123.7

174.0
174.9
175.4

298.9
298.9
299.1

386.5
385.3
385.1

500.6
497. 1
495.4

887.1
8d2.5
830.5

263.0
267.5
272.6

153.1
153.9
155.1

416.1
421.4
427.6

OCT.
NOV.
DEC.

324.3
329.2
332.4

179.8
180.3
179.6

504, 1
509.5
512.0

124.6
124.J
123.5

178.3
179.0
178.3

30^.9
303.3
301.8

384.8
J84.2
384.8

496.5
496.4
497.6

831.3
830.7
882.5

276.3
^78.2
^80.9

156.2
157-1
157.8

432.6
435.3
438.7

1986-JAN.
FEB.
MAE.

336.7
337.0
340.3

179.0
179.4
180.2

515.7
516.3
520.5

123.9
123.6
124.9

178.8
179.1
181.b

3U2.7
302.7
306.5

386.5
387.1
387.2

502.6
504.6
504.6

.1
891.7
391.8

268.6
290.4
287.6

159.0
160.7
163.2

447.6
451.0
450.8

APfi.
MAI

344.7
348.5

180.4
182.1

525.1
530.6

127.2
129.5

185.8
190.5

313.0
J20.0

384.4
382.2

505.4
502.2

839.9
884.4

283.5
280.7

164.0
164.3

447.5
445.0

1985-MAY
JUNE

WEEK ENDING
1986
HAT

JUNE

1/
2/

5
12
19
26

344.5
34b. 4
348.9
350. 4

128.1
129.0
129.0
130.1

383.4
38^.8
382.2
381.6

280.6
280.6
280.8
281.4

2
9 P
16 P

352.2
354.6
353.8

130.5
131.8
132.1

381.2
380.9
380.5

279.7
278.5
279.3

SAVINGS DEPOSITS EXCLUDE HADAS.
SHALL DENOMINATION TIME DEPOSITS — INCLUDING fclSTAIL fcPS — ARE THOSE ISSUED IH AMOUNTS OF LESS THAN $ 1 0 0 , 0 0 0 . ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IBA) AND KEOGtt ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS A*E SUBTKACTED F&OH SHALL
TIHE DEPOSITS.
3/
LAfiGE DENOMINATION TIME DEPOSITS Attii THOSE ISSUED IN AMOUNTS OF $ 1 0 0 , 0 0 0 OH MOBE# EXCLUDING THOSE BOOKED AT INTEHNATIONAL
NANKING FACILITIES ( I U F S ) .
4/
LABGE DENOMINATION TIME DEPOSITS AT COMMERCIAL riANKS LESS THOSE HELD BZ MONEY MAfcKET MUTUAL FUNDS, DEPOSITOtt*
INSTITUTIONS AND FOHfiIGN 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 RPs1
Date

Institution
only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars2

Savings
bonds

Non M3 Components of I
Short-term
Bankers
treasury
acceptances4
securities3

Components of Debt
Commercial
paper*

Federal debt*

Non-Federal*
debt

63.5
67.1

31.4

26.5
25.7

57.7
57. 1

81.4
79.2

76.5

271.6
279.6

45.7
43.9

166.8
167.9

1443.8
1457.9

4841.4

JULY
AUG.
SEPT.

65.0
63.6
62.3

29.8
30.4
30.9

25.9
26.7
27. b

55.7
57.1
58.4

78.8
80.0
60.2

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.
NOV.
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

79.3
79.1
77.0

78.5
79-0
79.6

280.7
295.7
304.3

43.8
43.3
42.1

193.4
199.1
20 4.6

1515.6
1544.2
1583.7

5062.8
5122.9
5220.2

1986-JAN.
FSB.
MAR.

67.3
67.7
70.2

33.1
35.1
36.3

35.1
34.7
34.3

68.2
69.8
70.6

75.9
78.9
81.6

80.0
80.5
d1. 1

303.8
306.8
304.2

42.3
41.9
40.7

20 7.5
208.8
20 7.9

1606.7
1621.0
1633.3

5300.8
5324.2
5352.3

APR.
HAY

74.1
76.1

34.6
34.3

34. 1e
34, 1».

68. 7e
68. 4e

80.3
79.4

81.8

303.6

39.9

20 5.2

1644.6

5396.2

19
26

75.5
76.2
75.9
76.7

35.6
34.6
34.8
34.1

2
9 P
16 P

76.0
75.4
75.1

32.6
31.8
32.5

1985-MAY
JUNE

«££K

5
12

JUNE

2/
3/
4/
5/
6/

76. 1

4788.1

ENDING:

1986-HAY

1/

31-2

TERM RPS ARE THOSE WITH ORIGINAL HATORITIES GREATER THAN ONE DAT, EXCLUDING CONTINUING CONTRACTS AND RETAIL RPS. INCLUDES
A RELATIVELY SHALL AHOUNT OF OVERNIGHT RPS AT THRIFT INSTITUTIONS.
TERM EURODOLLARS ARE THOSE KITH ORIGINAL MATURITIES GREATER THAN ONE DAY. CONSISTS OF THOSE ISSUED TO U.S. RESIDENTS BY
FOREIGN BRANCHES OF U.S. BANKS HORLDNIDE AND BY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THOSE HELD
BI DEPOSITORY INSTITUTIONS AND HONEY MARKET MUTUAL FUNDS.
CONSISTS OF U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY OTHER THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, HONEY HARKET MUTUAL FUNDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL &ESEBVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND MONEY HARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER dtlLD BY MONEY MARKET MUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERlVcO BY AVERAGING iSND-OF-MONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.




M i (508)

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

Date

foreign
commercial
banks

foreign
official
institutions

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

IRA and Keogh Accounts

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

time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

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

35.1
55.9

71.9
73.4

8.6
8.4

JULY
AUG.
SEPT.

8.1
7.8
8.1

1.9
2.0
2.1

8.3
8.2
8.2

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
i>7.4
57.8

75.3
76. 6
78.1

8.5
8.4
8.3

OCT.
NOV.
DEC.

8.2
8.1
8.5

1.9
2.1
1.9

8.3
8.4
8.3

3.0
3.0
3.4

3. 1
2.8
3.4

2.4
4.8
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-JAN.
FilB.
AA&.

8.8
8.3
8.4

2.0
1.9
1.8

8.0
7.8
7.6

J.6
3m2
3.3

10.5
7.5
3.4

20.5
21.0
12.4

34.5
31.7
19.2

1.3
1.4
1.5

60.7
o2.S
64.2

81.9
82.9
86.4

8.6
8.7
9.0

151.2
159.5

APfi.
HAT

8.7
8.8

1.9
1.8

7.5
7.4

4.2

3.7
4.8

13.6
18.7

21.5
26.5

1-5
1.5

bB. 4
69.5

90. 1e
91.58

9.8
9.9e

168.2e
170.9e

5
12
19
26

8.9
8.5
8.8
8.7

1.8
1.7
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

.5
1.5
1.5
•o

2
9 P
16 P

9.1
8.7
8.6

11.9
1.8
1.7

7.3
7.3
7.3

2.9
3.2
4.7

3.4
2.3
2.6

10.8
3.7
2-7

17.2
9.2
9.9

.6
.6
.7

1985-HAY
JUNK

WEEK ENDING;
1986
HAY

JUNE




135-6
13 7.7
!

140.4
142.6
144.3

1D4.2