Full text of H.6 Money Stock Measures : March 1, 1984
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FEDERAL RESERVE statistical release For M U M M at 4:15 Eastern Time H.6 (508) Table 1 MARCH 1 , MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES 1984 Billions of dollars M1 Sum of currency, travelers checks, demand deposits and other checkable deposits1 Date M2 M1 plus overnight RPs and Eurodollar*, MMMF beiencee (gen. pur. AMe^ AM^^^B^^^a^pjA^ift e^MAOe\tt and aewtogs and small M3 M2plus terge time depoelts, term RPs, term Eurodollars and tatetrtutton-only MMMF balances' 1 9 8 3 — JAB. FEB. HAB. APB. HAY JOIE JULY AOG SEPT. OCT. HO?. DEC 485.1 491.1 496.4 497.9 506.6 510*9 514.9 517.4 518.9 521.6 523.C 525.3 2017.5 2054.0 2067.4 2081.8 2102.2 2117.0 2126.6 2135.3 2147.9 2167.2 2182.1 2196.1 2489.9 2517.1 2532.3 2550.6 2571.0 2593.0 2604.0 2617.2 2636.4 2657. 1 2689.3 2708.7 1984—JAB. 530.0 2206.0 2722.5 L Oeot M3 plus other Msjutd aaeets4 fee* of domestic fanrtaancial sectors* 2907.0 2931.1 2951.7 2980.0 3003.3 3033.1 3059.7 3075.1 3097.7 3114.5 3147.8 4740.3 4767.4 4812.5 4849.7 4895.8 4958.1 5002.2 5040.6 5083.7 5124.8 5166.2 5219.0 2917.1 2932.3 2956.7 2991.2 2999.3 3028.6 3052.5 3070.6 3005.5 3110.5 3149.0 4730.4 4748.2 4797.3 4826.9 4871.2 4933.2 4975.6 5019.3 5071.6 5112.0 5155.1 5219.0 Not seasonally adjusted 1983—JAM. FEB. HAB. APB. HAT. JOVE JULY AOG. SEPT. OCT. HOV. DEC. 489.6 480.6 489.2 505.2 500.7 509.8 516.6 513.5 516.3 522.3 526.7 537.8 2020.4 2043.2 2066.6 2092.4 2096.7 2118.1 2131.9 2133.3 2142.2 2167.1 2181.2 2197.9 2495.0 2510.2 2532.2 2558.4 2565.9 2591.2 2604.0 2615.6 2631.0 2655.8 2690.3 2714.8 1984—J AS. 534.8 2209.8 2728.3 M1 For perk>d ended Hot seeeonaNy adjusted 13-weefc average 1984-JAB. FEB. MOTE: 2 U-weefc average veefc average 9 16 23 30 523.4 524.1 524.6 525.5 526.2 525.2 526.5 527.6 528.7 530.0 526.0 530. a 529.1 529.8 531.1 529.6 531.7 532.8 533.4 533.3 538.7 543.5 544.5 542.4 534.2 546.2 556.4 541.8 525.2 513.3 6 13 P 20 P 527.0 527.8 528.6 530.7 531.6 532.9 532.6 533.0 534.7 533.2 532.7 532.3 526.9 522.5 521.5 527.4 524. 1 521.0 SPECIAL CA0TIOI SHOULD BE TAKE! IB IITEBPBBTIBG WBIK-TO-WEEK CHARGES I B HOBBY SUPPLY DATI. BHICH ABE HIGHLY fOLATILE ABD SUBJECT TO B E T I S I O I . P—IBDICATES PBELIHIBABY DATA. FOOTBOTES APPEAB OV THE FOLLOBIBG PAGE H.6 (508) Table 2 MONEY STOCK, LIQUID ASSETS AND DEBT MEASURES Rwcant change at Maaonally adjusted annual ratas M1 M2 Datot1 M3 3 MONTHS PROH OCT. 1983 TO JAN. 1984 6.4 7.2 9.8 10.* * 6 MONTHS PBOH JOLT 1983 TO JAM. 198% 5.9 7.5 9.1 10. S 12 MONTHS PROM JAI. 1983 TO JAN. 1984 9.3 9.3 9.3 lo.i THIBTBBH SEEKS EIDIIG FEB. 20, 1984 FBOH THIRTEEN SEEKS ENDING: 1/ 1/ 2/ 3/ 4/ 5/ lOf. 21, 1983 (13 SEEKS PBBflOUS) A06. 22, 1983 (26 SEEKS PIEVIOOS) 5,7 FEB. 21, 1983 (52 SEEKS PBETIOUS) 9.2 6.1 GBOBTH BATES FOB DEBT ABE BASED OH PEBIODS BEGINNING AND ENDING ONE HONTfi EABLIEB THAN FOB THE MOMBTABY AGGBBGATES, NAMELY, SEPTEHBEB TO DECEMBER 1983, JONE TO DBCBHBEI 1983 AND DECBHBBB 1982 TO DECEHBEB 1983, BESPECTIf ELY. THESE GBOSTH BATBS REFLECT ADJUSTMENTS FOB DISCONTINUITIES OfBB TIHB IN THE LEVELS OF DEBT PBBSBNTBd IN OTHEB TABLES. FOOTNOTES TO TABLE 1 CONSISTS OF (1) CUBBENCY OOTSIDE THE TBEASUBY, FBDEBAL RESERYE BAHKS, AND THE fAULTS OF COMMERCIAL BANKS; (21 TRAfBLEBS CHECKS OF NONBANK ISSUERS; (3) DBHAND DEPOSITS AT ALL COHHBRCIAL BANKS OTHEB THAN THOSE DOE TO DOMESTIC BANKS, THE U.S. GOfEBNHBNT, AND FOBBIGM BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEHS IN THE PROCESS OF COLLECTION AND FBDEBAL BESEBVE FLOAT; AND |4) OTHBB CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE ORDER OF SITHDRAHAL (NOS) AND AOTOHATIC TBANSFEB SEBVICB (ATS) ACCOUNTS AT DBPOSITOBY INSTITUTIONS, CREDIT ONION SHABB DBAFT ACCOUNTS AND DEHAND DEPOSITS AT THBIFT INSTITUTIONS. THE CUBBBNCY AND DBHAND DEPOSIT COMPONENTS EXCLUDE THE ESTIMATED AHOUNT OF TAOLT CASH AND DEHAND DEPOSITS, BESPECTIfELY, HELD BY THBIFT INSTITUTIONS TO SBBVICE THEIB OCD LIABILITIES, CONSISTS OF Hi PLUS QTEHNIGHT (AND CONTINUING CONTHACT) BPS ISSUED BY ALL COHHEBCIAL BANKS AND OfBBNIGHT EURODOLLARS ISSUED TO U.S. BESIDENTS BY FOBBIGN BBANCHES OF U.S. BANKS SOBLDBIDB, HHDAS, SAflNGS AND SHALL DENOMINATION TIME DEPOSITS (TIME DEPOSITS—INCLUDING BBTAIL B P S — I N AHOUNTS OF LESS THAN 1100,000), AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT GBMBBAL PURPOSE AND BBOKBB/DEALBB HONEY MARKET HOTOAL FUNDS. EXCLUDES IBA AND KBOGH BALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. COMMERCIAL BANKS, MONEY HABKET FUNDS (6BNEBAL PUBPOSE AND BBOKEB/DBALEB), FOBEIGN GOfEBNHBNTS AND COHHBBCIAL BANKS, AND THE U.S. GOfERNHBNT. ALSO SUBTBACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIHATBD AHOUNT OF DBHAND DEPOSITS AND fAULT CASH HELD BY THBIPT INSTITUTIONS TO SEBflCB THBIB TIHB AND SAflNGS DEPOSITS. CONSISTS OF H2 PLUS LABGE DENOMINATION TIHB DEPOSITS AND TERM BP LIABILITIES (IN AHOONTS OF $100,000 OB MOBH) ISSUBD BY COMMERCIAL BANKS AND THBIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOBBIGN BBANCBBS OF U.S. BANKS VOBLDHIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES XN BOTH TAXABLE AND TAX-BXBHPT INSTITUTION-ONLY HONEY HABKET MUTUAL FUNDS. EXCLUDES AHOUNTS HELD BY DEPOSITOBY INSTITUTIONS, THE U.S. GOfBBNHENT, HONBY HABKET FUNDS, AND FOBBIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTBACTBD IS A CONSOLIDATION ADJUSTMENT THAT BEPBBSENT! THE ESTIHATBD AHOUNT OF OfEBNIGHT BPS AND BOBODOLLABS HELD BY INSTITUTION-ONLY MONEY HOTOAL FUNDS. CONSISTS OF H3 PLOS THE NOHBAMK PUBLIC HOLDINGS OF U.S. SAflNGS BONDS, SHOBT-TBBH TBBASUBY SECURITIES, COHHBBCIAL PAPEB AND BANKBBS ACCEPTANCES, NET OF MONEY HABKET MUTUAL FUND HOLDINGS OF THESE ASSETS. DEBT OF DOMESTIC NONFINANCIAL SECTOHS CONSISTS OF OUTSTANDING CBBDIT HABKET DBBT OF THB UNITED STATES GOfEBNHBNT, STATE AND LOCAL GOfBBNMENTS AND PBIfATB NONFINANCIAL SBCTOBS. PBIfATE DEBT CONSISTS OF COBPOBATB BONDS, HOBTGAGES, CONSUMES CBBDIT (INCLUDING BANK LOANS), OTHBB BANK LOANS, COMHBBCIAL PAPIB, BANKBBS ACCEPTANCES AND OTHBB DBBT IBSTBUHEMTS. THE SOURCE OF DATA ON DOMESTIC NONFINANCIAL DEBT IS THB FEOEBAL BBSEBfB BOABD'S FLOS OF FUNDS ACCOUNTS. DBBT DATA ABE ON AN END OF NONTH BASIS. Table 3 COMPONENTS OF THE MONEY STOCK Billions of dollars, seasonally adjusted Date 1 Currency Travelers checks2 Demand deposits' Other checkable deposits4 Nontransactions components in M3 only' in M2* Savings deposits7 at at thrift total commercial institutions banks Selected nontransactions items Small time deposits' at at total commercial thrift banks institutions Large time deposits' at at total commercial thrift banks institutions 1983-JAI. FEB. HAS. 135.7 136.8 138.1 1.1 1.3 1.5 239.6 237.9 238.8 105.7 112.1 115.0 1532.4 1562.9 1571.0 472.4 463.1 464.9 151.4 144.1 141.6 186.3 181.5 180.6 337.7 325.6 322.2 355.9 337.5 327.1 439.4 416.3 406.1 795.2 753.7 733.2 24 3.4 233.0 229.2 64.0 64.1 66.2 307.4 297.1 295.4 APB. HAT J0RE 139.1 140.5 141.6 1.6 1.6 1.6 239.5 241.5 243.0 114.7 120.0 121.7 1583.9 1595.6 1606.1 468.8 468.8 476.0 140.6 140.4 140.0 181.3 182.6 182.8 321.9 323.1 322.8 323.2 321.2 322.3 404.2 401.4 402.5 727.4 722.6 724.8 228.4 224,5 226.9 69.9 73.5 76.0 298.3 298.0 303.0 JOLT AUG. SEPT. 142.4 143.5 144.8 1.6 1.7 1.7 244.5 243.7 243.0 123.4 125.6 126.4 1611.6 1617.9 1629.0 477.5 482.0 488.6 138.6 138.0 137.4 181.9 181.3 180.5 320.7 319.3 317.9 328.0 333.4 338.2 409.0 415.6 420.7 737.0 749.0 759.0 224.1 224.0 223.8 80.1 84.5 89.4 304.2 308.6 313.2 OCTHOVDEC. 146.0 147.2 148.0 l1 . 8 l1.9 l1 . 9 243.6 242.8 243.7 127.2 128.2 128.8 1645.6 1659.2 1670.8 490.0 507. 1 512.7 137.0 136.1 134.6 180.2 179.2 178.2 317.1 315.4 312.9 344.8 350.0 353.1 428.2 435.5 440.0 773.0 785.5 793.1 221.7 224.2 225.6 93.9 96.6 100.3 315.6 320.7 325.9 1984-JAR. 149.9 4.9 244.5 130.7 1676.0 516.5 132.1 177.7 309.8 352.9 443.8 796.7 226.8 106.1 332.9 REEK BIDING 1984-JAH. 2 9 16 23 30 149.1 149.4 149.8 150.0 150.4 242.0 247.2 244.7 244.8 241.7 130.2 128.6 129.7 130.0 134.1 134.2 133.3 132.3 131.7 131.1 353.1 353.0 352.9 352.9 353.1 229.4 226.4 226.3 226.6 227.3 150.2 150.3 150.3 244.2 243.4 246.1 133.1 134.4 133.4 130.8 130.3 . 353.0 353.3 353.3 225.1 227.1 228.7 FEB. 6 13P 20P 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 130.1 • COBBEBCT OOTSIDB THE U.S. TREASURY, FEDERAL HESEBTB BARKS ARD fA0LTS OF COHHERCIAL BARKS. BICLODES THE BSTIHATBD AflOORT OF VAULT CASH HELD BT THRIFT IRSTITOTIORS TO SERTICE THEIR OCD LIABILITIES. OOTSTARDIRG AHOORT OF O.S. DOLLAR-DBROHIRATED TRAVELERS CHECKS OF RORBARK ISSUERS. TRAVELERS CHECKS ISSUBD BT DBPOSITOBT IRSTITUTIORS ABB IRCLUDED IR DBHARD DEPOSITS. DEHAND DEPOSITS AT COHHEBCIAL BAHKS ARD F0REI6R RELATED IRSTITOTIORS OTHER THAR THOSE DOE TO DOHESTIC BARKS, THE O.S. GOVERNHERT ARD FOREIGR BARKS ARD OFFICIAL IRSTITOTIORS LESS CASH ITEHS IR THE PROCESS OF COLLECTIOH ARD FEDERAL HBSBRVB FLOAT. EXCLUDES THE ESTIHATED AHOURT OF DEHARD DEPOSITS HELD AT COHHERCIAL BARRS BT THRIFT IRSTITOTIORS TO SERVICE THEIR OCD LIABILITIES. CORSISTS OF ROW ARO ATS BALANCES AT ALL DEPOSITOBT IRSTITUTIONS. CB8DIT ORION SHABE DRAFT BALANCES ARD DEHARD DEPOSITS AT THHIFT IRSTITOTIORS. OTHER CHECKABLE DEPOSITS SBASORALLT ADJUSTED EQUALS THE DIFFERBRCE BBTREER THE SEASONALLT ADJUSTED SUH OF DEHARD DEPOSITS PLOS OCD ARD SEASORALLT ADJUSTED DEHAND DEPOSITS. INCLUDED ARE ALL CEILING FREE "SUPER RONS," AUTHORISED BT THE DEPOSITOR! IRSTITUTIOHS DEBEGULATICR COHHITTBE TO BE OFFERED BEGIRRIRG JARUART 5 # 1983. SUH OF OVEBRIGHT RPS ARD OVERNIGHT EURODOLLARS, HORET 8ARKET FURD BALARCBS (GENERAL PURPOSE ARD BROKER/DEALER), HHDAS, ARD SAVIRGS ARD SHALL TIHE DEPOSITS, LESS THE CONSOLIDATION ADJUSTHERT THAT REPRESENTS THE ESTIHATBD ABOURT OF DBHARD DEPOSITS ARD VAULT CASH HELD BT THRIFT INSTITUTIONS TO SERVICE TBEIR TIHB AND SAVINGS DEPOSITS LIABILITIES. SUH OF LARGE TIHE DEPOSITS, TERH RPS AND TBBH EURODOLLARS OF U.S. RESIDBRTS, HORBT HABKET FURD BALARCES (IRSTITUTOIRORLY), LESS A CONSOLIDATION ADJUSTHERT THAT REPRESENTS THE ESTIHATED AHOURT OF OVERNIGHT RPS AND EURODOLLARS HELD BT INSTITUTION-ONLY BORET HARKET FURDS. SAVIRGS DEPOSITS EXCLUDE BUDAS. SHALL DENOMINATION TIHE DEPOSITS--IHCLDDIHG RETAIL R P S — ARE THOSE ISSUfO IR ABODRTS OF LESS THAR $100,000. ALL INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COHHERCIAL BANKS AND THRIFTS ARE SDBTBACTED FBOH SHALL TIHE DEPOSITS. LARGE DENOMNATION TIHB DEPOSITS ABE THOSE ISSUED IN AHOUNTS OF $100,000 OR HOBE, EXCLUDING THOSE BOOKED AT INTERNATIONAL BANKING FACILITIES. LARGE DENOniNATICM TIHE DEPOSITS AT COHHERCIAL BANKS LESS THOSE HELD BY HONEY HABKET HUTUAL FUNDS, DEPOSITORY INSTITUTIONS AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS. H.6 (508) Table 4 COMPONENTS OF LIQUID ASSETS AND DEBT Billions of dollars, seasonally adjusted Date 2/ 3/ 4/ Non-M3 components of L short-term treasury bankers acceptances1 securities1 commercial paper1 Debt components4 federal debt non-federal debt PEB. 1MB. 68.0 68.4 68.8 191.3 187.6 189.6 44.4 42.9 41.8 113.5 115.1 119.2 1000.1 1016.9 1039.5 3740.2 3750.6 3773.0 APB. BAT JUNB 69.2 69.5 69.8 196.4 198.5 206.8 • 1.3 41.0 40.6 122.5 123.4 122.9 1052.1 1074.9 1106.9 3797.6 3820.9 3851.2 JOLT ADG. SEPT. 70.1 70.3 70.5 219.6 222.9 221.6 41.6 43.6 43.8 124.4 121.0 125.3 1120.1 1136.1 1148.9 3882.1 3904.5 3934.8 OCT. NO?. DEC, 70.7 70.8 218.2 216.6 42.8 43.0 125.7 128.2 1162.9 1169.7 1177.9 3961.9 3996. 5 4041.0 1963-JAN. 1/ savirtQt bonds CONSISTS OP O.S. TREASOBY BILLS AMD COOPOMS WITH REMAINING BATOBITIBS OF LESS THAU 12 BOVTBS HELD BY OTHER TBAN DEPOSITOR! INSTITUTIONS, FEDERAL BESEBTE BANKS, NONET HARKBT HUTDAL PONDS AHP FOREIGN ENTITIES. NET OP BANKERS ACCEPTANCES HELD BT ACCEPTING BANKS, FEDERAL RESERfB BANKS, FOBEIGN OFFICIAL INSTITUTIONS, THE FEDERAL BOHE LOAN BANK SYSTEB AND NONET BARKET HOTUAL PONDS. TOTAL COMMERCIAL PAPER LESS COBBERCIAL PAPER HELD BT HONEY BA1KET H0TOAL PONDS. DATA ABE ON AN EUD OF BOBTfl BASIS. H.6 (bOtt) Table 5 COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT Billions of dollars, not seasonally adjusted Other checkable deposits Date 1 Currency Travelers checks 2 Demand deposits3 at commercial banks4 at thrift institutions9 Nontransactions components total in M2* in M3 only 7 Overnight RPs* Overnight Eurodollars* General purpose and broker/dealer money market funds 1983-JAN. FEB. HAR. 134.4 135.0 136.7 3.9 4.1 4.3 244.3 231.9 234.3 82.3 83.5 86.5 24.7 26.1 27.3 107.0 109.5 113.9 1530.8 1562.7 1577.4 474.5 466.9 465.5 40.5 40.6 40.9 7.3 7.9 7.8 168.2 160.6 154.8 APR. HAY JUNE 138.7 140.4 141.9 4.4 4.5 4.9 242.1 237.5 241.8 90.8 88.8 91.0 29.2 29.4 30.3 120.0 118.2 121.2 1587.2 1596.1 1608.3 466.0 469.1 473.1 42.6 46.0 46.7 8.2 9.4 9.4 148.2 141.4 140.2 JULY AUG. SEPT. 143.6 143.8 144.3 5.2 5.1 5.0 244.9 241.1 242.0 91.9 92.4 93.4 31.0 31.1 31.6 122.9 123.5 124.9 1615.2 1619.8 1626.0 472.1 482.3 488.8 43.5 42.0 42.8 9.6 10.4 10.7 138.7 139.1 137.9 OCT. NOV. DEC 145.7 147.9 150.5 4.8 4.6 4.6 244.8 245.2 251.6 94.3 95.6 97.7 32.7 33.3 33.5 127.0 128.9 131.2 1644.8 1654.5 1660.1 488.7 509.1 516.9 45.3 44.9 44.9 11.7 10.3 11.2 137.5 138.8 138.2 1984-JAN. 148.3 4.6 249.4 99.2 33.3 132.5 1675.0 518.6 46.7 11.4 137.9 •EEK ENDING: 1984-JAN. FEB. 1/ 2/ 3/ 4/ 5/ 6/ 1/ 8/ 9/ 2 9 16 23 30 149.11 150.2I 148.11 147.1 146.! 260.1 264.0 253.5 242.4 234.9 98.3 102.9 101.2 97.9 95.4 33.4 34.8 33.7 32.7 32.0 131.7 137.7 134.9 130.5 127.3 45.8 46.8 46.6 47.3 46.3 12.3 12.1 11.4 11.4 10.7 137.2 137.5 137.8 137.9 138.3 6 13 P 20 P 148.1 148.( 148.1 242.0 239.0 237.2 98.4 98.3 97.5 33.9 '33.4 33.0 132.3 131.6 130.5 46.2 46.5 50.4 9.5 10.8 11.9 139.3 141.2 142.5 CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AMD THE TA0LTS OP COHHBRCIAL BAIKS. EXCLUDES THE ESTIHATED AHOOIT OF YAULT CASH HELD BY THRIFT INSTITUTIONS TO SERYICB THEIR OCD LIABILITIES. OUTSTANDING AHOOIT OF U.S. DOLLAR-DEIOHIIIATED TRAVELERS CHECKS OF 1OHBAHK ISSUERS. TRAYELERS CHECKS ISSUED BY DEPOSITORY INSTITUTIONS ARE INCLUDED IN DBHAND DEPOSITS. DEHAND DEPOSITS AT COHHERCIAL BANKS OTHER THAI THOSE DUE TO DOHESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS, LESS CASH ITEHS IN THE PROCESS OF COLLECTION AND F.R. FLOAT, LESS THE ESTIHATED AHOONT OF DEHAND DEPOSITS HELD AT COHHBRCIAL BANKS BY THRIFT INSTITUTIONS TO SERflCB THEIR OCD LIABILITIES. CONSISTS OF NON AND ATS BALANCES AT COHHERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT CORPORATIONS; INCLUDES ALL SUPER NOV ACCOUNTS AT THESE INSTITUTIONS. i CONSISTS OF NON AND ATS BALANCES AT SAYINGS AND LOAN ASSOCIATIONS AND HUTUAL SAYINGS BANKS, CREDIT UNION SHARE DRAFT BALANCES, AND DBHAND DEPOSITS AT THRIFTS; INCLUDES ALL SUPER NOW ACCOUNTS AT THESE INSTITUTIONS. SUB OF OYERNIGHT RPS AND EURODOLLARS, HONEY HARKET FUND BALANCES {GENERAL PURPOSE AND BROKER/DEALER), HHDAS AND SAYINGS AND SHALL TIHB DEPOSITS LESS THE ESTIHATED AHOUNT OF DBHAND DEPOSITS AND YAULT CASH HELD BY THRIFT INSTITUTIONS TO SERYICE THEIR TIHE AND SAYINGS DEPOSIT LIABILITIES. SUH OF LARGE TIHB DEPOSITS, TEBH RPS AND EURODOLLARS OF U.S. RESIDENTS, HONEY HARKET FUND BALANCES (INSTITUTION-ONLY), LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIHATBD AHOUNT OF OYBRNIGHT EPS AND EURODOLLARS HELD BY INSTITUTION-ONLY HONEY HARKBT HUTOAL FUNDS. CONSISTS OF OYERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COHHERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND HONEY HARKET HOTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER). ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND HONEY HARKET HUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER). ^ H.6(50B) Table 5-contlnued 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 deposits at thrift institutions total Small denomination time deposits2 at at commercial thrift total banks institutions Large denomination time deposits3 at at thrift commercial total 4 institutions banks 334.8 323.4 323.0 356.8 340.0 329.8 440.9 418.0 407.6 797.7 758.0 737.4 246.3 235.3 230.1 63.8 63.9 65.6 310.1 299.2 295.6 142.4 142.1 141.6 184.5 179.9 180.6 182.3 183.5 184.2 324.7 325.5 325.8 323.9 321.4 322.3 405.8 402.3 402.7 729.7 723.8 725.1 225.9 222.7 224.4 69.1 73.2 75.3 295.0 295.9 299.8 370.5 368.6 369.5 140.6 138.3 136.4 184.2 181.5 179.8 324.8 319.8 316.2 327.0 332.8 337.3 408.8 414.2 419.0 735.8 747.0 756.3 220.7 223.8 224.2 79.4 84.7 90.5 300.1 308.5 314.8 147.1 145.8 146.0 370.5 372.9 376.0 135.8 133.7 132.0 180.1 178.3 176.5 316.0 312.0 308.5 343.9 348.9 351.0 427.5 434.2 437.6 771.4 783.1 788.6 222.1 225.5 229.1 95.8 98.3 100.7 317.9 323.7 329.8 146.3 380.5 131.3 176.1 307.4 353.7 445.3 799.0 229.0 105.5 334.5 1983-JAN. FEB. HAS. in. 7 163.9 186.3 75.2 115.6 134.7 189.9 279.6 321.0 150.3 143.5 142.4 APR. HAT JUBB 198.4 208.4 216.0 143.0 149.1 152.6 341.4 357.4 368.6 JOLT AUG. SEPT. 218.4 218.9 221.1 152.2 149.7 148.4 OCT. NO?. DBC. 223.4 227.1 230.1 1984-JAB. 234.2 1 E B I BBDIBG 198* JAB* FEB. 1/ 2/ 3/ 4/ 2 9 16 23 30 231.1 233.6 234.4 234.3 234.9 131.6 132.4 131.6 130.9 130.2 351.7 352.4 353.6 354.3 354.8 233.9 229.6 228.0 227.7 229.0 6 13 P 20 P 236.2 237.7 238.9 130.4 130.2 129.9 355.4 355.8 355.8 226.9 228.7 229.7 SAYINGS DEPOSITS EICL0DB HBDAS. SHALL DEBOHIBATIOB TIHB DEPOSITS — IBCLODIRG BETAIL EPS — ABB THOSB ISSUED IB AHOOBTS OF LBSS THAU $100,000. ALL IIDITIDOAL RBTIBEHBHT ACCOUBTS (IBA) AID KEOGH ACCOUBTS AT COHBERCIAL BABKS ABD THRIFTS ARE SUBTRACTED FROH SHALL TIHB DEPOSITS. LARGB DEBOHIBATIOB TIRE DEPOSITS ABB THOSE ISSUED IB AHOUBTS OF $100,000 OR AOBE, EXCLUDING THOSE BOOKED AT IBTERBATIONAL BABRIBG FACILITIES (IBFS). LARGE DENOHIBATIOB TIHE DEPOSITS AT COHHBRCIAL BABKS LBSS THOSE HELD BT HOBET HARKET HUTUAL FUIDS, DBPOSITORT INSTITUTIONS ABD FOREIGI BABKS ABD OFFICIAL INSTITUTIONS. H.6(508) Table 5-continued COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT Billions of dollars, not seasonally adjusted Date Institutiononly money market funds at commercial banks Term RPs1 at thrift institutions total "form Eurodollars2 Savings bonds Short-term treasury securities9 Bankers acceptances4 Commercial paper9 Federal debt •ton-Federal debt 1983-JAH. PBB. HAH. 45.4 ••.0 28.0 28.7 29.3 11.9 11.7 12.2 39.9 •0.4 • 1.5 82.5 86.0 88.7 68.4 68.5 68.7 194.2 193.5 195.2 45.4 •3.5 • 1.5 114.1 116.6 119.1 *97.8 1015.7 1047.0 3732.6 3732.5 3750.2 APB. HAT JORB • 1.3 «0.5 39.5 30.^ 32.6 31.5 12.5 13.0 13.9 •2.9 •5.6 •5.5 91.4 92.3 91.9 69.0 69.3 69.6 200.3 199.5 204.4 •0.7 40.4 • 0.1 122.8 124.2 123.3 1049.7 1068.2 1093.9 3777.2 3803.0 3839.3 JOLT AUG. SEPT. 38.6 38. a 38.8 29.6 31.6 31.9 14.8 15.2 16.1 •••3 •6.9 • 8.0 92.1 91.9 90.5 69.9 70.2 70.4 214.1 217.9 216.7 • 0.9 •3.1 •3.8 123.7 123.9 123.5 1105.8 1126.3 1141.8 3869.8 3893.0 3929.8 OCT. HOf. DEC. 39.8 •0.6 •0.3 30.6 35.3 36.6 16.7 18.1 19.6 •7.3 53. • 56.2 87.6 94.1 94.2 70.7 71.0 216.2 215.0 •3.0 43.4 124.8 129.2 1153.5 1162.4 1177.9 3958.5 3992.7 4041.0 198^-JAR. •0.6 34.0 19.3 53.3 92.8 2 9 16 23 30 •0.2 •0.0 •0.6 • 0.8 • U1 33.1 30.9 3^.7 35.5 35.3 6 13 P 20 P • 1.1 • 1.6 • 1.6 35.3 37.6 34.3 1*6.0 BBBK BBDIB6: 198^-JAR. PBB. 1/ 2/ 3/ •/ 5/ TBBfl BPS ABB TBOSB VITH OBIGIRAL HATORITIES GBEATEB THAN OBB DAT. EXCLODIMG CORTIROIRG COBTBACTS ABD BETAIL BPS. TBBfl EOBODOLLAtS ABE THOSE BITH ORIGIHAL HATOBITIBS GBEATEB THAB OBB DAT. COVSISTS OP THOSE ISSUED TO 0.S. BESIDEBTS BT POBEIGB 8BANCBES OP U.S. BARKS WORLDWIDE ABD BT ALL BARKIHG OFFICBS IV THE ORITED KIRGDOH ABD CABADA. BICLODES THOSE HELD BT DEPOSITOBT IBSTITOTIOIS ARD HO BET MARKET PIOTOAL FORDS. COHSISTS OF O.S. TBEASORT BILLS ARD COOPOHS VITH REHAIRIRG MATURITIES OP LESS THAR 12 HOBTHS HELD BT OTHER THAR DEPOSITORT IRSTITUTIORS, FEDERAL RESERTE BARKS, HOWET HARKET NOTOAL PONDS, ARD POREIGR ENTITIES. RET OF BARKERS ACCEPTANCES HELD BI ACCEPTING BANKS, FEDERAL RESERVE BARKS, FOREIGR OFFICIAL IRSTITOTIOHS, THE FEDERAL HOHE LOAR BARK STSTBH ARO HONEY HABKBT BOTOAL FORDS. TOTAL COHHEBCIAL PAPER LESS COHHERCIAL PAPER HELD BT HONEY HARKET HOTOAL FORDS. H.6 (506) Table 6 MEMORANDUM ITEMS Billions of dollars, not seasonally adjusted Demand deposits at banks due to Date foreign commercial banks 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 53.1 55.4 59.1 9.8 18.0 16.0 16.6 1.1 0.9 0.9 25.2 26.4 26.9 33.5 34.5 35.2 5.2 5.2 5.1 63.9 66.0 67.2 4.2 3.5 7.4 19.1 14.0 14.8 26.0 19.9 25.3 0.8 0.8 0.8 27.5 28.0 28.5 36.0 36.7 37.6 5.0 5.1 5.0 68.4 69.8 71.1 2.7 2.7 3.0 7.1 22.0 2.9 3.6 4.7 7.8 31.8 10.4 14.4 0.8 0.7 0.7 28.9 29.5 30.1 37.8 38.3 39.5 5.1 5.1 5. 1e 71.8 72.9 74. 7e 7.0 3.1 4.7 16.5 24.2 0.9 31.0 41.1 5.2e 77. 3e 9.4 3.3 3.2 3.3 APS. H1I JO I B 7.6 7.7 8.1 2.0 1.9 1.9 7.7 7.5 7.4 3.9 2.5 3.4 3.8 3.6 3.4 10.3 10.0 JffLT AUG. SBPT. 8.2 7.9 8.1 2.0 2.0 2.0 7.3 7.3 7.3 2.8 2.4 3.2 OCT. •Of. DEC. 8.0 8.4 8.2 1.9 2.0 2.0 7.1 7.2 7.1 1984-JAI. 8.3 1.8 7.4 10.4 i 9 16 23 30 8.5 9.4 8*4 8.0 7.5 11.9 11.9 1.9 1.7 1.8 7.1 7.1 7.0 7.0 6.9 2.9 3.3 3.2 3.4 2.4 3.4 3.5 3.1 5.3 7.2 11.4 13.3 21.1 21.7 15.7 18.1 19.6 29.7 31.3 0.7 0.8 0.9 0.9 0.9 6 13 P 20 P 8.6 7.7 8.7 1*8 1.9 2.0 6.8 6.8 6.8 4.2 2.4 2.8 4.6 4.4 4.2 19.9 15.9 20.2 28.8 22.7 27.2 0.9 0.9 0.9 • 4.7 4.8 4.9 2.8 2.8 2.7 estimated money market mutual funds 29.6 30.6 32.0 8.8 8.3 8.0 FSB. thrift Institutions 18.7 20.1 22.1 2.1 2.0 1.9 2 commercial banks 1.1 1.0 1.0 8.0 7.7 7.9 1984 JAI. IRA and Keogh Accounts time and savings deposits at commercial banks 19.6 13.4 16.5 13.5 1983-JA1. FEB. HAH. •BBK EIDIVG: total demand deposits and note and FR balances