Full text of H.6 Money Stock Measures : March 18, 1983

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

*

FEDERAL RESERVE statistical release

ijjjlifi

H6 (508)
Table 1

For R e l e a s e at 4:15 p.m. EST

MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars

MAR.

M1

s u m of
currency,
travelers
checks,
demand
d e p o s i t s and
other
checkable
deposits1

Date

M2
M3
I1
L
Seasonal! y adjusted
M1 plus
overnight RPs
and Eurodollars, M2 plus large
time d e p o s i t s ,
MMMF
term RPs and
M3 plus other
b a l a n c e s (gen.
institution-only
liquid a s s e t s 4
pur. and
MMMF
broker/dealer),
balances3
MMDAs,
and s a v i n g s
a n d small time
deposits2

I 982—FEB.
MAR.
APR.
MAY
JUKE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC.

448.0
448.6
4*9.3
452.4
453.4
454.4
458.3
463.2
468.7
474.0
478.2

1815.8
182 8 . 9
1835.2
1850.6
1864.5
1880.9
1903.6
1917.0
1929.7
194 5 . 0 .
1959.4//

2191.6
2210.9
2224.1
2240.7
2260.2
2283.4
2317.8
2333.9
2352.0
2370.2
2377.7

I 983—JA&.
FEB. P

482. 1
490.6

2 0 0 8 . 0^'
204 7. 8"Z

2401.9
2428.1

2668.1
2692.7
2710.3
2737.5
2767.0
2798.1
2824.3
2840.8

M1

I

s u m of
currency,
travelers
checks,
demand
d e p o s i t s and
other
checkable
deposits1

M2
I
M3
Not s e a s o n a l l y a d j u s t e d

1807.9
1825.9
1848.6
1848.7
1865.4
1883.0
1896.5
1908.7
1928.6
1943.6
1964.45'

2189.2
2211.0
2235.3
2237.3
2257.2
2280.8
2308.8
2324.4
2350.4
2369.2
2385.4

489.6
480.2

2016.35/<
2039.65/

2413.8
2424.6

1983

L

M1 plus
overnight RPs
and Eurodollars, M2 plus large
time d e p o s i t s ,
MMMF
term RPs and
b a l a n c e s (gen.
institution-only
pur. and
MMMF
broker/dealer),
balances3
MMDAs,
and s a v i n g s
and small time
deposits2

438.1
440.9
456.3
445.8
450.8
454.3
454.3
461.0
470.6
479.0
491.0

18,

I

M3 plus other
liquid a s s e t s 4

2671.9
2697.7
2724.8
2737.7
2763.8
2789.9
2812.5
2825.7

M1
For period e n d e d

1983—FEB.

2

9

NOTE:

P
P

7 8 .
80.
8 1 .
8 2 .

6
0
2
6

4 8 4 . 0
4 8 5 . 5

4-week
average

Not s e a s o n a l l y a d j u s t e d
week average

4 8 3 . 6
4 8 5 . 5
487.2
4 8 9 . 9

4 8 7 .
490.
489.
492.

4 9 1 . 3
493. 1

493.0
4 9 7 . 8

S P E C I A L CAUTION SHOULD BE TAKEN IN I N T E R P R E T I N G
HIGHLY V O L A T I L E AND S U B J E C T TO R E V I S I O N .
P — I N D I C A T E S P R E L I M I N A R Y DATA.
FOOTNOTES APPEAR ON THE FOLLOWING PAGE

#

%

13-week
average

4
4
4
4

9
16
23

MAR.. 2

Seasonally adjusted




5
6
1
5

13-week
average
4
4
4
4

8
8
8
8

6.
7 .
6 .
7.

7
0
9
1

4 8 7 . 3
487.4

WEEK-TO-WEEK CHANGES I N

4-week
average

week average

4
4
4
4

4
4
4
4

8
8
7
8

6
1
9
0

.
.
.
.

0
9
5
0

4 8 0 . 8
4 8 3 . 0

MONEY SUPPLY

7
8
8
7

8 .
4 .
1.
6.

3
0
4
3

4 8 1 . 3
492.8

DATA,

WHICH A R E

H .6 (508)
Table 2

MONEY STOCK MEASURES AND LIQUID ASSETS
Percent c h a n g e at seasonally adjusted annual rates
Date
3 MONTHS FROM NOV.
6

MONTHS FROM AUG.

12 MONTHS FROM F E B .

1 9 8 2 TO F E B .
1 9 8 2 TO F E B .

1983
1983

1 9 8 2 TO F E B .

1983

~WT

~W~

14.0

21.1

14.1

15.2

9.5

9.5

12.8

10.8

9.8

THIRTEEN WEEKS ENDING
MAR.
9, 1983
FROM THIRTEEN WEEKS ENDING:
DEC.

8,

MAR.

1/

2/

3/

4/
5/

1982

( 1 3 WEEKS PREVIOUS)

13.2

8,

1982

(26

WEEKS PREVIOUS)

12.9

10,

1982

(52

WEEKS PREVIOUS)

8.7

SEPT.

FOOTNOTES TO TABLE 1
AVERAGES OF DAILY FIGURES FOR ( 1 ) CURRENCY OUTSIDE THE TREASURY, FEDERAL RESERVE BANKS, AND
THE VAULTS OF COMMERCIAL BANKS; ( 2 ) TRAVELERS CHECKS OF NONBANK I S S U E R S ; ( 3 ) DEMAND D E P O S I T S
AT ALL COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U . S . GOVERNMENT, AND
FOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S LESS CASH ITEMS I N THE PROCESS OF COLLECTION AND
FEDERAL RESERVE FLOAT; AND ( 4 ) OTHER CHECKABLE D E P O S I T S (QCD) C O N S I S T I N G OF NEGOTIABLE
ORDER OF WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER S E R V I C E (ATS) ACCOUNTS AT DEPOSITORY
I N S T I T U T I O N S OTHER THAN CREDIT UNIONS, CREDIT UNION SHARE DRAFT ACCOUNTS, AND DEMAND
D E P O S I T S AT T H R I F T I N S T I T U T I O N S .
THE CURRENCY AND DEMAND D E P O S I T COMPONENTS EXCLUDE THE
ESTIMATED AMOUNT OF VAULT CASH AND DEMAND D E P O S I T S , R E S P E C T I V E L Y , HELD BY T H R I F T I N S T I T U T I O N S
TO SERVICE THEIR OCD L I A B I L I T I E S .
INCLUDES OVERNIGHT (AND CONTINUING CONTRACT) BPS I S S U E D BY ALL COMMERCIAL BANKS AND EURODOLLARS
I S S U E D BY F O R E I ^ H ( P R I N C I P A L L Y CARIBBEAN AND LONDON) BRANCHES OF U . S . BANKS, MMDAS, SAVINGS
AND SMALL DENOMINATION TIME D E P O S I T S (TIME D E P O S I T S — I N C L U D I N G R E T A I L R P S — I N AMOUNTS OF L E S S
THAN $ 1 0 0 , 0 0 0 ) , AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BROKER/DEALER
MONEY MARKET MUTUAL FUNDS. EXCLUDES IRA AND KEOGH BALANCES AT DEPOSITORY I N S T I T U T I O N S AND MONEY
MARKET FUNDS. ALSO EXCLUDES AMOUNTS HELD BY U . S . COMMERCIAL BANKS, MONEY MARKET FUNDS (GENERAL
PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AND COMMERCIAL BANKS, AND THE U . S . GOVERNMENT.
M2 WILL D I F F E R FROM THE SUM OF COMPONENTS PRESENTED I N SUBSEQUENT TABLES BY A CONSOLIDATION
ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF DEMAND D E P O S I T S AND VAULT CASH HELD BY
T H R I F T I N S T I T U T I O N S TO S E R V I C E TIME AND SAVINGS D E P O S I T S .
INCLUDES LARGE DENOMINATION TIME D E P O S I T S AND TERM BPS ( I N AMOUNTS OF $ 1 0 0 , 0 0 0 OR MORE) I S S U E D
BY COMMERCIAL BANKS AND T H R I F T I N S T I T U T I O N S , EXCLUDING THOSE HELD BY DEPOSITORY I N S T I T U T I O N S ,
THE U . S . GOVERNMENT, MONEY MARKET FUNDS, AND FOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S . M3 WILL
DIFFER FROM THE SUM OF COMPONENTS PRESENTED I N SUBSEQUENT TABLES BY A CONSOLIDATION ADJUSTMENT
THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT BPS HELD BY I N S T I T U T I O N - O N L Y MONEY MARKET
MUTUAL FUNDS.
OTHER L I Q U I D ASSETS INCLUDE THE NONBANK P U B L I C HOLDING OF U . S . SAVINGS BONDS, SHORT-TERM
TREASURY S E C U R I T I E S , COMMERCIAL P A P E R , BANKERS ACCEPTANCES, AND TERM EURODOLLARS HELD BY U . S .
R E S I D E N T S , NET OF MONEY MARKET MUTUAL FUND HOLDINGS OF THESE A S S E T S .
ALL OF THE NEWLY-AUTHORIZED MONEY MARKET D E P O S I T ACCOUNTS ABE PRESENTLY INCLUDED I N BOTH H2
AND M3; WHETHER SOME OF THESE ACCOUNTS SHOULD ENTER ONLY AT THE M3 LEVEL WILL BE CONSIDERED AS
DATA ON THE CHARACTERISTICS OF THE ACCOUNTS AND THEIR HOLDERS BECOME AVAILABLE.




H.6 (508)
Table 3

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally a d j u s t e d u n l e s s otherwise noted

Currency 1

Date

Travelers
checks2

Demand
deposits3

Other
checkable
deposits 4

Overnight
RPs5

Overnight
Eurodollars 6

NSA

NSA

Money
market
deposit
accounts?
NSA

Savings d e p o s i t s 8
at
commercial
banks

at
thrift
Institutions

total

Small denomination
time deposits-9
at
at
thrift
total
commercial
Institubanks
tions

Money market
mutual fund b a l a n c e s ^
general
purpose Institution
only
and broker/
dealer

1982-FBB.
MAR.

124.7
125.2

4.5
4.5

235.5
233.8

83.4
85.1

30.3
32.4

7.7
6.7

0.0
0.0

159.8
159.8

187.0
186.8

346.9
346.6

355.1
360.6

471.9
480.2

833.1
840.7

156.0
159.7

33.6
34.8

APR.
MAY
JUNE

126.3
127.4
128.2

4.4
4.5
4.5

233.3
233. 1
232.3

85.3
87.4
88.4

31.0
32.7
32.8

5.8
7.4
7.5

0.0
0.0
0.0

159.4
159.3
159.5

186.5
187.3
187.8

345.9
346.6
347.2

366.4
370.5
375.0

480.8
482.0
484.3

847.2
852.5
859.3

161.8
164.9
170.1

34.3
35.6
36.6

JUL!
AUG.
SEPT.

128.8
129.6
130.5

4.4
4.4
4.4

232.1
232.5
234.0

89.1
91.8
94.3

33.3
34.0
34.1

8.5
8.4
7.4

0.0
0.0
0.0

158.2
158.4
159.6

186* 8
188.3
190.4

345.0
346.7
350.0

383.8
388.6
391.4

489.2
491.2
491.8

872.9
879.8
883.2

172.9
182.3
185.1

40.4
47.1
48.2

OCT.
NOV.
DEC.

131.3
131.9
132.8

4.4
4,4
4.2

236.0
237.6
239.8

97.0
100.1
101.3

37.4
38.5
38.5

6.5
6.7
5.8

0.0
0.0
43.2

162.3
166.2
163.2

195.7
200.1
195.5

358.0
366.4
358.7

389.9
389.2
383.3

488.1
485.8
476.5

878.0
874.9
859.8

187.6
191.1
182.1

49.3
49.9
47.6

134*2
135.6

4. 1
4.0

239.4
238.7

104.4
112.3

40.2
41.5

7.2
7.8

189.1
277.6

151.1
143.8

181.3
178.2

332.4
321.9

356.6
337.6

441.4
418.5

798.1
756.1

166.6
159.6

46.1
45.2

134.6
135.2
135.1
136.3

238.9
239.2
238.6
238.9

109.9
112.2
111.5
113.2

41.6
40.1
41.8
41.4

7.4
7.0
8.2
8.1

242.8
261.3
276.2
289.5

146.8
145.2
143.9
143.7

345.6
341. 4
338.4
335.2

163.0
161.5
159.6
158.5

46.0
45.5
45.0
44.9

136.1
136.6

239.3
241.5

113.7
115.7

43.2
40.8

8.2
7.8

299.4
310.3

142.2

332.0
329.5

157.2
155.5

45.3
44.4

1983-JAN.
FEB.

P

"

WEEK ENDING
1983
FEB.

MAR.

2
9
16
23
2 P
9 P

1/

CURRENCY OUTSIDE THE U . S . TREASURY, P . R . BANKS AND VAULTS OF COMMERCIAL BANKS.
EXCLUDES THE ESTIMATED AMOUNT OF VAULT CASH
HELD BY T H R I F T I N S T I T U T I O N S TO SERVICE THEIR OCD L I A B I L I T I E S .
2/
OUTSTANDING AMOUNT OF U . S . DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK I S S U E R S .
3/
DEMAND DEPOSITS AT COMMERCIAL BANKS AND FOREIGN RELATED I N S T I T U T I O N S OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U . S . GOVERNMENT AND FOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S LESS CASH ITEMS I N THE PROCESS OF COLLECTION AND P . R . F L O A T . EXCLUDES THE
ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BY T H R I F T I N S T I T U T I O N S TO S E R V I C E THEIR OCD L I A B I L I T I E S .
4/
INCLUDES ATS AND NOW BALANCES AT ALL DEPOSITORY I N S T I T U T I O N S EXCEPT CREDIT U N I O N S , CREDIT UNION SHARE DRAFT BALANCES AND
DEMAND D E P O S I T S AT T H R I F T I N S T I T U T I O N S .
OTHER CHECKABLE D E P O S I T S SEASONALLY ADJUSTED EQUALS DEMAND D E P O S I T S PLUS OCD
SEASONALLY ADJUSTED L E S S DEMAND D E P O S I T S SEASONALLY ADJUSTED. NON ACCOUNTS INCLUDE C E I L I N G FREE "SUPER NOWS,"
AUTHORIZED BY THE DEPOSITORY I N S T I T U T I O N S DEREGULATION COMMITTEE TO BE OFFERED BEGINNING JANUARY 5 , 1 9 8 3 .
PRELIMINARY
DATA I N D I C A T E THAT BALANCES I N "SUPER HOWS" WERE ABOUT $ 2 3 . 5 B I L L I O N I N THE WEEK ENDED FEBRUARY 2 3 , ABOUT $ 2 4 . 5 B I L L I O N
IN THE WEEK ENDED MARCH
2 , AND ABOUT $ 2 5 . 5 B I L L I O N I N THE WEEK ENDED MARCH 9 .
THESE F I G U R E S INCLUDE BALANCES I N
"SUPER NOWS" AT COMMERCIAL BANKS OF ABOUT $ 1 5 . 9 B I L L I O N I N THE WEEK ENDED FEBRUARY 2 3 AND ABOUT $ 1 6 . 6 B I L L I O N I N THE
WEEK ENDED MARCH 2 . FIGURES FOR THE LATEST WEEK ARE NOT YET AVAILABLE BY TYPE OF I N S T I T U T I O N .
5/
INCLUDES OVERNIGHT AND CONTINUING CONTRACT BPS I S S U E D BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY I N S T I T U T I O N S AND MONEY
MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
6/
I S S U E D BY FOREIGN ( P R I N C I P A L L Y CARIBBEAN AND LONDON) BRANCHES OF U . S . BANKS TO U . S . RESIDENTS OTHER THAN
DEPOSITORY I N S T I T U T I O N S AND MONEY MARKET MUTUAL FUNDS.
7/
MONEY MARKET D E P O S I T ACCOUNTS (MMDAS) WERE AUTHORIZED Bt THE DEPOSITORY I N S T I T U T I O N S DEREGULATION COMMITTEE TO BE OFFERED
BEGINNING DECEMBER 1 4 , 1 9 8 2 .
8/
SAVINGS D E P O S I T S EXCLUDE MMDAS.
9/
SMALL DENOMINATION TIME D E P O S I T S — INCLUDING R E T A I L BPS — ARE THOSE I S S U E D I N AMOUNTS OF LESS THAN $ 1 0 0 , 0 0 0 .
ALL
I N D I V I D U A L RETIREMENT ACCOUNTS ( I R A ) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AND T H R I F T S ARE SUBTRACTED FROM SMALL
TIME D E P O S I T S .
1 0 / NOT SEASONALLY ADJUSTED, INCLUDES BALANCES IN BOTH TAXABLE AND TAX-EXEMPT FUNDS.
ALL INDIVIDUAL RETIREMENT ACCOUNTS
AMD KEOGH ACCOUNTS AT MONEY FUNDS ABE EXCLUDED.




H.6 (508)
Table
I able 33—continued
-continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Large denomination time deposits 1
at commercial
at thrift
bank$2
institutions
total

Date

at commercial
banks
NSA

Term RPs3
at thrift
institutions
NSA

total
NSA

NSA

Term 4
Eurodollars

Savings
bonds

Short-term
Treasury
securities^

Bankers
acceptances^

Commercial
paper?

1982-FEB.
BAB.

253.5
258.3

56.5
57.5

309.9
315.8

25.1
24.9

10.6
10.6

35.7
35.6

72.8
74.0

67.8
67.7

186.9
190.0

40.6
39.9

108.4
110.3

APB.
BAT
JOBB

262.8
263.2
267.41

58.4
58.9
60.0

321.2
322.1
327.4

27.2
25.6
24.6

11.0
11.3
11.7

38.1
37.0
36.3

77.9
83.8
84.7

67.7
67.7
67.7

190.7
192. 1
197.2

40.2
41.3
41.6

109.7
112.1
115.7

JULY
AUG.
SEPT.

271.7
273.6
273.6

60.4
61.3
62.5

332.1
334.9
336.1

22.7
25.4
24.6

11.8
11.6
11.8

34.5
37.0
36.4

83.7
81.0
80.3

67.6
67.5
67.5

202.8
204.7
204.1

42.0
41.3
41.4

118.7
112.0
113.7

OCT.
BOW.
DEC.

275.3
273.7
267.2

64.3
66.8
66.7

339.6
340.4
334.0

26.0
27.8
28.2

11.7
11.6
12.1

37.7
39.4
40.3

248.0
235.6

63.1
62.7

311.1
298.3

27.9
28.6

12.8
12.4

40.7
41.8

1983-JAB.
FEB.

P

WEEK E B D I B G :

1983-PEB.

2
9
16
23

BAB.

2
9

V

P
P

B4MKIBGEF1CILITIBS

239.2
236.9
235.2
232.9

28.2
27.3
28.8
2*. 4

232.4
231.4

29.0
28.8

UBFS)DEP0SITS

T H 0 S B

I S S 0 B D

1 1

I a

°

0 I I T S

°»

*100,000

OB B O B B ,

EXCLUDING TBOSB BOOKED AT I N T E R N A T I O N A L

2/
3/
4/
5/
6/
7/

iSiS.1! 2:2: b!«s°bL"55«;h2,«m0Sotuw"hp"5s"iwg
b a 8 k s

TOTAL COMMERCIAL P A P E R L B S S COMMERCIAL PAPER




'

HELD B I

f

-

b

-

0F LBSS
b i

"

s

-

" " « •

o

f

"

*"•18 l,0iTHSHBLD"0THEB TH1M d»osito« «««c

"

MONET MARKET MUTUAL P O N D S .

l

" " » « » o h s .

,«=

«o»=

. » «

#

#

#

•

•

•

•

%

%

H.6 (508)

5

Table 3A

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonally a d j u s t e d

Demand deposits
Date

Currency1

Travelers
checks 2

at member
banks 3

at domestic
nonmember
banks 4

at foreignrelated
banking
offices
in the U.S.5

Other checkable deposits
total 6

at
commercial
banks 7

at thrift
institutions®

total

Overnight
RPs 9

Overnight
Eurodollars

1982-FEB.
MAR.

123.0
123.9

4.3
4.2

147.4
147.6

78.1
77.6

4.2
4.3

229.3
229.1

65.8
67.4

15.6
16.4

81.5
83.8

30.3
32.4

7.7
6.7

APR.
MAY
JUNE

125.7
127.2
128.3

4.2
4.3
4.7

152.7
147.7
149.2

80.3
77.5
78.1

4.3
4.0
3.7

236.9
228.8
230.7

71.4
67.9
69.2

18.1
17.5
18.0

89.5
85.4
87.2

31.0
32.7
32.8

5.8
7.4
7.5

JULY
AUG.
SEPT.

129.8
130.1
130.2

4.9
4.9
4.7

151.0
150.1
152.5

77.4
76.2
77.0

3.7
3.7
3.9

231.7
229.6
232.9

69.3
70.7
73.4

18.5
19.1
19.9

87.9
89.8
93.3

33.3
34.0
34.1

8.5
8.4
7.4

OCT.
NOV.
DEC.

131.3
132.7
135.2

4.4
4.2
4.0

155.7
158.0
163.3

78.3
79.2
81.0

4.0
3.9
3.9

237.6
240.6
247.7

76.1
79.2
81.0

21.2
22.3
23.1

97.3
101.5
104.0

37.4
38.5
38.5

6.5
6.7
5.8

133.2
133.7

3.9
3.8

161.9
153.4

80.1
76.2

3.7
3.6

245.1
232.7

82.3
83.6

25.1
26.3

107.4
109.9

40.2
41.5

7.2
7.8

131.9
134.4
133.9
133.7

155.6
154.7
154.8
151.1

76.5
77.5
76.1
75.1

3.9
3.3
3.6
3.6

235.5
234.9
234.0
229.4

81.4
84.1
83.4
83.3

25.6
26.7
26.3
26.1

107.0
110.9
109.7
109.4

41.6
40. 1
41.8
41.4

7.4
7.0
8.2
8.1

133.3
136.1

153.2
156.5

76.1
78.0

3.9
3.6

232.8
237.7

84.5
87.3

26.8
28.0

111.3
115.2

43.2
40.8

8.2
7.8

1983—JAN.
FEB.

P

MEEK E N D I N G :

1983-FEB.

MAR.

1/
2/
3/
4/
5/
6/
7/
8/
9/
10/

2
9
16
23
2 P
9 P

CURRENCY O U T S I D E THE U . S . TREASURY, P . R . BARKS AMD THE VAULTS OF COMMERCIAL BARKS.
EXCLUDES THE ESTIMATED AMOUNT OF VAULT
CASH HELD BY T H R I F T I N S T I T U T I O N S TO S E R V I C E THEIR OCD L I A B I L I T I E S .
OUTSTANDING AMOUNT OF U . S . DOLLAR-DENOMINATED TRAVELERS CHECKS OF HONBANK I S S U E R S .
DEMAND D E P O S I T S OTHER THAN THOSE DOE TO DOMESTIC BANKS, THE U . S . GOVERNMENT AND FOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S LESS
CASH ITEMS I N THE PROCESS OF COLLECTION AND F . R . FLOAT AT MEMBER BANKS OF THE FEDERAL RESERVE SYSTEM.
DEMAND D E P O S I T S OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U . S . GOVERNMENT AND FOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S LESS
CASH ITEMS I N THE PROCESS OF COLLECTION AT NONMEMBER BANKS.
D E P O S I T S AS DESCRIBED I N FOOTNOTE 4 AT AGENCIES AND BRANCHES OF FOREIGN BANKS, EDGE ACT CORPORATIONS AND FOREIGN INVESTMENT
COMPANIES.
EQUALS SUM OF THREE PREVIOUS COMPONENTS L E S S THE ESTIMATED AMOUNT OF DEMAND D E P O S I T S HELD AT COMMERCIAL BANKS BY T H R I F T
I N S T I T U T I O N S TO S E R V I C E THEIR OCD L I A B I L I T I E S .
MOM AMD ATS BALANCES AT COMMERCIAL BANKS, BRANCHES AND AGENCIES OF FOREIGN BANKS, AMD EDGE ACT CORPORATIONS.
NOW AND ATS BALANCES AT SAVINGS AMD LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE DRAFT BALANCES, AND
DEMAND D E P O S I T S AT T H R I F T S .
INCLUDES OVERNIGHT AND CONTINUING CONTRACT HPS I S S U E D BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY I N S T I T U T I O N S AND MONEY
MARKET MUTUAL FUNDS (GENERAL PURPOSE AND B R O K E R / D E A L E R ) .
I S S U E D BY FOREIGN ( P R I N C I P A L L Y CARIBBEAN AND LONDON) BRANCHES O f U . S . BANKS TO U . S . RESIDENTS OTHER THAN DEPOSITORY
I N S T I T U T I O N S AND MONEY MARKET MUTUAL FUNDS {GENERAL PURPOSE AND BROKER/DEALER).




H.6 (508)
Table 3A—continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonally a d j u s t e d

Money market deposit a c c o u n t s
Date

at
commercial
banks

at
savings
and
loans

at
mutual
savings
banks

1982 -FEB.
BAR.

0.0
0.0

0.0
0.0

0.0
0.0

0.0
0.0

APR.
HAT
JDBE

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

JDLI
AUG.
SEPT.

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
26.5

0.0
0.0
12.7

114.2
163.5

OCT.
BOY.
DEC.
1983 JAB.
FEB.

P

Savings d e p o s i t s 1

at
credit
unions

total

at
commercial
banks

at
savings
and
loans

at
mutual
savings
banks

at
credit
unions

Small denomination time d e p o s i t s 2
total

at
commercial
banks

at
savings
and
loans

at
mutual
savings

at
credit
unions

0.0
0.0

158.0
159.1

95.9
95.9

47.3
47.2

43.3
44.2

344.6
346.3

357.0
363.4

368.5
370.1

94.7
94.7

17.2
17.6

837.3
845.8

0.0
0.0
0.0

160.5
160.1
160.1

96.0
95.7
95.8

47.1
46.8
46.9

44.8
45.3
45.9

348.5
347.9
348.6

368.0
372.7
376.9

370.6
370.0
370.8

94.6
95.0
95.3

17.9
18.2
18.4

851.1
855.9
861.4

0.0
0.0
0.0

0.0
0.0
0.0

159.9
159.3
159.7

95.6
94.9
95.3

46.9
46.6
46.8

46.2
45.9
46.4

348.6
346.8
348.2

383.0
387.4
389.7

374.0
374.5
374.9

95.9
95.8
95.5

18.8
18.9
19.0

871.6
876.6
879.0

0.0
0. 0
3.8

0.0
0.0
0.3

0.0
0.0
43.2

163.0
165.0
161.5

98.2
99.5
96.2

47.7
48.3
47.3

48.8
50.5
51.1

357.8
363.3
356.1

388.3
387.1
380.3

374.5
373.7
366.0

94.2
92.9
90.6

18.2
17.8
17.5

875.3
871.6
854.5

57.9
88.3

16.0
24.2

0.9
1.6

189.1
277.6

149.8
142.6

86.6
83.5

44.0
42.2

51.7
52.6

332.0
320.8

356.3
339.2

341.4
323.7

84.7
80.3

16.9
16.3

799.3
759.5

144.3
155.1
162.8
169.1

76.4
81.9
87.7
93.4

20.8
22.8
24. 1
25.3

1.3
1.5
1.6
1.7

242.8
261.3
276.2
289.5

144.7
143.7
142.5
142.0

346.5
342.9
339.9
337.0

175.8

95.8

26.1

1.7

299.4
310.3

140.5

334.2
332.3

"

WEEK EBDIBG
1983
FEB.

HAH.

1/
2/

2
9
16
23
2 P
9 P

SAVINGS D E P O S I T S EXCLUDE HHDAS.
SHALL DEBOBINATIOB T I f l B D E P O S I T S — I 1 C L 0 D I 1 G R E T A I L HPS — ABB THOSE I S S U E D I B ABOOBTS OP L E S S THAB * 1 0 0 , 0 0 0 . ALL
I B D I V I D O A L BBTIHBBEBT ACCOUNTS ( I B A ) ABD KBOGH ACCOOBTS AT COBBBBCIAL BABKS ABD T H R I F T S ARB SUBTRACTED PROS SHALL
TIflB DEPOSITS.




total

H.6 (508)

7

Table 3A—continued

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

Large denomination time deposits 1
at
at mutual
commercial
savings
total3
at savings
banks?
banks
and loans

Date

Term RPs 4

at
commercial
banks

at thrift
institutions

total

Term
Eurodollars 5

Savings
bonds

Commercial
Short-term
Bankers
paper8
Treasury
acceptances 7
securities 6

1982-FBB.
BAB.

257.9
260,8

50.7
51.5

6.3
6.1

315.3
318.9

25.1
24.9

10.6
10.6

35.7
35.6

72.8
74.0

67.8
67.6

191.3
195.2

41.0
39.7

109.8
110.2

APB.
BAY
JUNE

260.8
261.7
263.8

51.6
52.5
53.2

6.1
6.0
6.0

319.0
320.6
323.5

27.2
25.6
24.6

11.0
11.3
11.7

38.1
37.0
36.3

77.9
83.8
84.7

67.4
67.4
67.4

194.4
195.6
197.0

39.8
40.9
41.4

110.0
112.8
116.1

JULY
AUG. "
SEPT.

267,5
271.9
272.7

53.4
54.3
55.1

6.0
6.2
6.5

327.4
332.9
334.9

22.7
25.4
24.6

11.8
11.6
11.8

34.5
37.0
36.4

83.7
81.0
80.3

67.4
67.5
67.5

198.6
199.7
199.7

41.3
40.9
41.8

118.0
114.7
112.0

OCT.
NOV.
DEC.

275.0
274.6
270.2

57.0
59.1
59.5

6.6
6.6
6.4

339.1
340.8
336.7

26.0
27.8
28.2

11.7
11.6
12.1

37.7
39.4
40.3

250.8
239,1

57.7
58.0

5.6
5.4

314.6
303.0

27.9
28.6

12.8
12.4

40.7
41.0

1983-JAN.
FEB.

P

'

MEEK ENDING:
1983-FBB.

BAB.

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

2
9
16
23
2 P
9 P

243.3
241.8
239.3
236.6

28.2
27.3
28.8
29.4

236.7
234.5

29.0
28.8

LABGE DBNOBI»ATION T I B E D E P O S I T S ABE' THOSE I S S U E D I B M O U M S O f $ 1 0 0 , 0 0 0 OB BOBB, EXCLUDING THOSE BOOKED AT IBTBBBATIOMAL
BANKING F A C I L I T I E S ( I B F S ) .
LARGE DBBOBIBATIOB T I B E D E P O S I T S AT COBBBBCIAL BANKS L E S S LABGE T I B B HELD BY BOBEI BABKET BUTUAL FOBDS AND T H R I F T
IBSTITOTIOBS.
TOTAL LABGE DBBOBIBATIOB T I B E D E P O S I T S EXCEEDS SOB OF THREE PREVIOUS COLUBBS BY SUCH D E P O S I T S AT CREDIT O B I O M S .
TEBB BPS ABB THOSE 1 I T H O R I G I N A L B A T O B I T I GBEATEB THAB ONE DAY, EXCLUDING CONTINUING CONTRACTS AND B B T A I L B P S .
TEBB EUBODOLLABS ABE TBOSE WITH ORIGINAL BATUBITY GBBATBB THAN ONE DAY EXCLUDING THOSE HELD BY DEPOSITORY I N S T I T U T I O N S AND
BOBBY BABKET BUTOAL FUNDS.
INCLUDES U . S . TBEASUBY B I L L S ABD COUPONS B I T B BBRAINING BATUBITY OF LESS TBAB 1 8 HONTBS HELD BY OTBBR THAN DEPOSITOBY I N S T I T U T I O N S . F . R . BANKS, ABD BOBBY BABKET BUTOAL FUNDS.
NET OF BANKBBS
ACCEPTANCES BELD BY ACCEPTIBG BANKS, F . B . BANKS, FOREIGN O F F I C I A L I N S T I T U T I O N S , THE FBDBBAL HOHB LOAN BANK
S Y S T E H , AND HONEY BABKET HUTUAL FUNDS.
TOTAL COBBBBCIAL PAPEB LESS COBBBBCIAL PAPEB HELD BY HONEY BABKET BUTUAL FUNDS.




H.6 (508)
Table 4

MEMORANDA ITEMS

Billions of dollars, not seasonally adjusted
Demand deposit s at banks due to
foreign
commercial
banks

Date

foreign
official
institutions

Time and
deposits
due to foreign
commerical
banks and
foreign official
institutions

U.S. government deposits
demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

IRA and Keogh Accounts

note balances total demand time and savings
at commercial deposits and
deposits at
note and
banks and thrift
commercial
FR balances
institutions
banks

commerical
banks

thrift
institutions

money
market
mutual funds

total

1982-fEB.
HAB.

10.3
9.5

2.2
2.2

8.4
8.3

2.8
2.7

5.5
3.3

17.2
12.7

25.5
18.8

0.7
0.8

9.8
11.1

19.6
20.8

2.7
3.0

32.1
35.0

APB.
MAY.
JUNE

8.8
9.4
9.4

2.0
2.1
2.4

8.4
9.1
9.6

3.6
2.6
3.2

4.5
4.5
3.3

10.1
12.7
7.5

18.2
19.8
14.0

0.9
0.9
1.0

12.6
14.0
14.7

22.5
23.3
23.8

3.4
3.7
3.9

38.5
41.0
42.5

JULY
AUG.
SEPT.

9.6
8.6
8.4

2.5
2.3
2.0

9.9
9.7
9.4

2.5
2.3
3.3

3.3
3.3
3.8

5.7
5.8
9.0

11.6
11.4
16.1

0.9
1.0
1.1

15.2
15.6
16.0

24.5
25.1
25.8

4.1
4.2
4.3

43.8
44.9
46.2

OCT.
MOV.
DEC.

8.4
8.4
8.6

2.2
1.9
2.1

9.2
9.2
9.0

2.5
2.6
2.9

3.2
3.1
3.2

13.8
5.3
7.9

19.5
10.9
14.0

1. 1
1.1
1.1

16.6
17.2
17.9

26.6
27.1
27.7

4.4
4.5
4.7

47.6
48.8
50.2

7.8
7.9

2.1
2.0

8.7
8.3

2.8
2.8

3.3
3.2

13.5
7.4

19.6
13.4

1.0
0.9

19.3
20.7

28.8
29.7

4.8
4.8

52.8
55.2

7.6
7.7
8.0
7.9

2.2
2.0
2.1
1.8

8.6
8.4
8.4
8.2

2.5
2.9
2.5
3.0

2.4
3.5
3.3
3.2

14.6
7.0
4.6
7.3

19.5
13.4
10.4
13.5

0.9
0.9
0.9
0.9

8.1
8.1

1.9
2.0

0.1
8.2

2.9
2.6

2.9
3.7

9.2
8.9

15.0
15.3

0.9
0.9

1983-JAW.
FEB.

P

WEEK EMDIHG:
1983
FEB.

HAB.

2
9
16
23
2 P
9 P




SPECIAL SUPPLEMENTARY TABLE
V a r i a b l e - C e i l i n g Time D e p o s i t s and R e t a i l Repurchase Agreements
At A l l Insured Commercial Banks and A l l Mutual S a v i n g s Banks
December 2 9 , 1982, January 2 6 , 1983 and February 2 3 , 1983
(not s e a s o n a l l y a d j u s t e d ) 1
1
I
1
1
|
|

L i a b i l i t y Categories
Super NOW a c c o u n t s
( s t a n d a r d e r r o r of t h e e s t i m a t e ) ^

Insured Commercial Banks
Dec. 29 I
Jan. 26 I Feb. 23
Amount o u t s t a n d i n g
($ m i l l i o n s )
1 12,067
17,101
1
(252)
(249)
|

7 - t o 31-day money market c e r t i f i c a t e s ^ I
( s t a n d a r d e r r o r of t h e e s t i m a t e )
I

9,714
(644)

1
1

6,752
(697)

5,841
(553)

91-day money market c e r t i f i c a t e s ^
( s t a n d a r d e r r o r of t h e e s t i m a t e )

I
I

7,280
(182)

1
1
|

6,280
(170)

5,259
(179)

6-month money market c e r t i f i c a t e s ^
( s t a n d a r d e r r o r of t h e e s t i m a t e )

I
I

218,657
(1,895)

1 203,652
1 (1,894)

2 - 1 / 2 year aqd over v a r i a b l e c e i l i n g
certificates^
( s t a n d a r d qjjrror of t h e e s t i m a t e )

I
|
I

86,607
(1,770)

1
1
1

|

I
I

205
(14)

I
I

204
(20)

819
(31)

|
|

630
(25)

I
1

421
(18)

193,533
(1,910)

45,728
(717)

|
|

40,620
(757)

38,679
(588)

87,520
(1,758)

87,961
(1,732)

25,634
(503)

I
I

25,270
(517)

1
|
1
1
I
I

4,143

485

1

547

|

614

20,989

6,347

|

6,529

1

6,615

1,472
(279)

I
I

3 - 1 / 2 y e a r c f i l i n g - f r e e time d e p o s i t s ?

I

3,269

1

3,752

A l l IRA/Keogh P l a n Deposits®

|

18,096

1

19,759

R e t a i l r e p u r c h a s e agreements*
( s t a n d a r d e r r o r of t h e e s t i m a t e )

|
j

L i a b i l i t y Categories
1
Super NOW a c c o u n t s

I
1
|

1
1
1

4,590
(533)

3,318
(461)

Number of O f f e r i n g I n s t i t u t i o n s
—

1

11,270

11,753

8,020

1

7,526

7,172

I

13,341

1

13,069

i '
7 - t o 31-day ^noney market c e r t i f i c a t e s I
91-day money Market c e r t i f i c a t e s

5,937
(683)

Mutual S a v i n g s Banks
Dec. 29 | Jan. 26 I Feb. 23
Amount o u t s t a n d i n g
($ m i l l i o n s )
527
|
675
(4)
(7)
I
369
(22)

807
(153)

I
I
1

25,174
(513)

516
(100)

Number of O f f e r i n g I n s t i t u t i o n s
1

249

1

265

204

|

189

1

160

13,298

366

I

373

I

371

420

I

418

415

6-month monewmarket c e r t i f i c a t e s

I

14,071

1

14,026

14,013

2 - 1 / 2 year a$d over v a r i a b l e c e i l i n g
cert ificat&s

|
|

13,702

1
1

13,558

13,546

420

I

418

|
1
1
I

3 - 1 / 2 year c e i l i n g - f r e e time d e p o s i t s

I

N.A.

1

N.A.

N.A.

N.A.

|

N.A.

|

N.A.

I

N. A.

1

N.A.

N.A.

N.A.

|

N.A.

|

N.A.

|

5,727

1

5,168

229

I

209

I

178

A l l IRA and Keogh P l a n d e p o s i t s
R e t a i l r e p u r c h a s e agreements

'

4,885

415

1. E s t i m a t e s are based on d a t a c o l l e c t e d by t h e F e d e r a l Reserve from a s t r a t i f i e d random sample of about
550 banks and 90 mutual s a v i n g s banks.
2. Super NOW a c c o u n t s are NOW a c c o u n t s c o n t a i n i n g an agreement between d e p o s i t o r and d e p o s i t o r y such t h a t ,
provided c e r t a i n c o n d i t i o n s — i n c l u d i n g a $ 2 , 5 0 0 minimum b a l a n c e — a r e met, some or a l l funds d e p o s i t e d are
e l i g i b l e t o earn more than 5 . 2 5 p e r c e n t .
3. 7 - t o 31-day. money market c e r t i f i c a t e s are n o n n e g o t i a b l e time d e p o s i t s t h a t r e q u i r e a minimum d a i l y
b a l a n c e of $ 2 0 , 0 0 0 , but l e s s than $ 1 0 0 , 0 0 0 , and have an o r i g i n a l m a t u r i t y or r e q u i r e d n o t i c e p e r i o d of
a t l e a s t 7 days but no more than 31 d a y s . The maximum p e r m i s s i b l e r a t e o f i n t e r e s t i s t i e d t o t h e d i s c o u n t
y i e l d ( a u c t i o n a v e r a g e ) on t h e most r e c e n t l y i s s u e d 9 1 - d a y Treasury b i l l .
4 . 9 1 - d a y money market c e r t i f i c a t e s are n e g o t i a b l e or n o n n e g o t i a b l e time d e p o s i t s i s s u e d in d e n o m i n a t i o n s
of at l e a s t $ 7 , 5 0 0 , but l e s s than $ 1 0 0 , 0 0 0 , w i t h o r i g i n a l m a t u r i t i e s of e x a c t l y 91 days f o r which the
maximum p e r m i s s i b l e r a t e of i n t e r e s t on new d e p o s i t s i s t i e d t o t h e d i s c o u n t y i e l d on t h e most r e c e n t l y
i s s u e d 91-day ( 1 3 - w e e k ) , Treasury b i l l ( a u c t i o n a v e r a g e ) .
5. 6-month money market c e r t i f i c a t e s (MMCs) are n o n n e g o t i a b l e time d e p o s i t s in d e n o m i n a t i o n s of $ 1 0 , 0 0 0 ,
but l e s s than $ 1 0 0 , 0 0 0 , w i t h o r i g i n a l m a t u r i t i e s of e x a c t l y 26 weeks f o r which the maximum p e r m i s s i b l e
r a t e of i n t e r e s t on new d e p o s i t s r e l a t e d t o the d i s c o u n t y i e l d on the most r e c e n t l y i s s u e d 6-month
Treasury b i l l (.auction a v e r a g e ) .
6. This c a t e g o r y i n c l u d e s a l l 4 - y e a r and over v a r i a b l e c e i l i n g a c c o u n t s h a v i n g no l e g a l minimum denominat i o n i s s u e d between J u l y 1 and December 3 1 , 1979 and a l l 2 - 1 / 2 year and over v a r i a b l e c e i l i n g a c c o u n t s
i s s u e d s i n c e January 1, 1980.
7. C e i l i n g - f r e e time d e p o s i t s are a l l n e g o t i a b l e or n o n n e g o t i a b l e time d e p o s i t s in d e n o m i n a t i o n s of l e s s
than $100,000 w i t h o r i g i n a l m a t u r i t i e s of 3 - 1 / 2 y e a r s or more that were a u t h o r i z e d b e g i n n i n g May 1, 1982.
Excludes IRA/Keogh a c c o u n t s .
8 . A l l IRA/Keogh P l a n time d e p o s i t s r e g a r d l e s s of s i z e , type of instrument in which h e l d , or i n t e r e s t r a t e
paid.
9. R e t a i l r e p u r c h a s e agreements are in denominations of l e s s than $ 1 0 0 , 0 0 0 w i t h maturit i e s of l e s s than 90
days that a r i s e from the t r a n s f e r of d i r e c t o b l i g a t i o n s o f , or o b l i g a t i o n s f u l l y - g u a r a n t e e d as t o p r i n c i p a l
and i n t e r e s t by, the U . S . Government or an agency t h e r e o f .
NOTE:

See t a b l e 1 . 1 6 in the F e d e r a l Reserve B u l l e t i n f o r r e g u l a t o r y c e i l i n g r a t e s on s p e c i f i c account
categories.