Full text of H.6 Money Stock Measures : March 21, 1985

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

:0f cow-

FEDERAL RESERVE statistical release

Iffif

For Release at 4 : 3 0 Eastern Time

H 6 (508)
Table 1

flABtfi

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

21,

1985

Billions of dollars
M1
Sum of currency,
travelers checks,
demand deposits and
other checkable deposits 1

Date

M2
M1 plus overnight RPs
and Eurodollars,
MMMF balances (gen. pur.
and broker/dealer), MMOAs,
and savings and small
time deposits 2

M3
M2 plus
large time deposits,
term RPs, term Eurodollars
and institution-only
MMMF b a l a n c e s '

L

Debt

M3 plus other
liquid a s s e t s 4

Debt of domestic
nonfinancial sectors*
i

Seasonally adjusted
1 984—FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC.
1 985—JAN.
FEB.

P

534.2
537.3
539.2
542.5
547.3
546.9
548.9
551.5
548.3
553. 8
558.5

2216.9
2229.1
2241.1
2255.2
2269.3
2280.2
2292.8
2308.2
2318.7
2345.7
2371.4

2741.7
2765.4
2788.0
2815.2
2839.0
2862.1
2879.0
2901.3
2925.3
2959.8
2995.2

562.7
569.3

2398.3
2419.3

3020.5
3040.3

5343.7
5358.4
5458.0
5519.6
5575.6
5635.1
5692.4
5740.8
5797.4
5868.3
5937.6

3226.9
3267.9
3294.1
3327.4
3368.3
3403.5
3430.8
3460.3
3480.4
3509.1
3544.0

6000.8

Not seasonally adjusted

1984—FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
v DEC.
1985—JAN.
FEB.

P

523.9
530.4
545.6
537.3
547.9
549.9
545.0
548.5
548.2
555.9
570.4

2208.9
2228.5
2252.2
2251.3
2272.3
2285.7
2287.6
2298.7
2316.0
2343.8
2376.3

2734.6
2766.4
2798.9
2812.8
2840.5
2863.7
2875.0
2891.3
2920.9
2960.3
3002.3

568.2
558.5

2403.6
2412.9

3024.2
3033.6

13-week average

Seasonally adjusted
4-week average

5324.4
5374.3
5431.7
5493.4
5552.3
5613.6
5674.0
57i8.3
5766.9
5855.9
5931.0

3225.1
3273.9
3305.1
3321.8
3368.0
3403.4
3423.6
3447.9
3476.2
3509.2
3545.7

5992.3

M1
For period ended

1985-FEB.

4
11
18
25

MAR.

4
11

NOTE:

P
P

week average

Not seasonally adjusted
4-week average

week average

558.9
560. 1
561.2
562.5

563.0
564.8
566.2
568.5

564.9
567.3
569.0
572.8

565.3
565.6
565.5
565.6

562.6
558.9
557.2
558.1

560. 1
561.C
558. 5
552.6

564. 0
565.2

570.5
571.3

572.7
570.6

566.3
566.3

559. 1
560.8

563.9
568.0

S P E C I A L C A U T I O N SHOULD BE T A K E S 1 8 I N T E B P B E T I N G
HIGHLY V O L A T I L E AND S U B J E C T TO B E V I S I 0 8 .
P — I N D I C A T E S P B E L I H I N A B I DATA.
F OO T N OTES A P P E A B ON THE FOLLOWING PAGE




13-week average

WEEK-10-11EK

CHANGES I N

HONEY S U P P L Y

DATA,

WHICH

ABE

H 6 (508)
Table 2

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

2
M1

M2

M3

Debt 1

3 MONTHS FROM NOV.

1984 TO FEB.

1985

11.2

12.6

10.9

14.0

6 MONTHS FROM AUG.

1 9 8 4 TO FEB.

1985

7.4

11.0

11.2

13.0

12 MONTHS FROM FEB.

1 9 8 4 TO FEB.

1985

6.6

9. 1

10.9

13.6

THIRTEEN WEEKS ENDING MAR. 1 1 , 1985
FROM THIRTEEN WEEKS ENDING:

1/

1/

2/

3/

4/
5/




DEC.

10,

1984

( 1 3 WEEKS PREVIOUS)

10.0

SEPT.

11,

1984

( 2 6 WEEKS PREVIOUS)

6.2

MAR.

12,

1984

( 5 2 WEEKS PBBVIOUS)

6.2

GROWTH BATES FOB DEBT ABE BASED OM PEBIODS BEGINNING AND ENDING ONE MONT* EARLIER THAN FOB THE HONB1ABI AGGREGATES,
NAMELY, SEPTEMBER 1984 TO DECEMBER! 1 9 8 4 , JUNE 1 9 8 4 TO DECEMBEB 1 9 8 4 , AND DECEMBER 1 9 8 3 TO DECEMBEB 1 9 8 4 , BESfECTIVELY«
FOOTNOTES TO TABLE 1
CONSISTS OF (1) CURRENCY OUTSIDE THE TREASURY, FEDERAL RESERVE BANKS, AND THE VAULTS OF COMMEBCIAL BANKS;
(2) TRAVELERS CHECKS OF NONBANK I S S U E R S ; (3) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHEB 1HAN THOSE DUE TO
DOMESTIC BANKS, THE U . S . GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PBOCESS
OF COLLECTION AND FEDEBAL BESEBVB FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE ORDER
OF WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITOR! INSTITUTIONS,
CREDIT UNION SHARE DRAFT ACCOUNTS AND DEMAND DEPOSITS AT THRIFT INSTITUTIONS.
THE CURRENCY AND DEMAND
DEPOSIT COMPONENTS EXCLUDE THE ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY
THRIFT INSTITUTIONS TO SERVICE THEIR OCD L I A B I L I T I E S .
CONSISTS OF M1 PLUS OVERNIGHT (AND CONTINUING CONTRACT) RPS ISSUED BY ALL COMMEBCIAL BANKS AND OVERNIGHT EURODOLLARS
ISSUED TO U . S . RESIDENTS BY FOBEIGN BBANCHES OF U . S . BANKS WORLDWIDE, MM£AS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL R P S — I N AMOUNTS OF LESS THAN 4 1 0 0 , 0 0 0 ) , AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BBOKEB/DEALER MONEY MARKET MUTUAL FUNDS. EXCLUDES IRA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U . S . COMMERCIAL
BANKS, MONEY MARKET FUNDS (GENERAL PURPOSE AND BBOKEB/DEALER), FOREIGN GOVERNMENTS AND COMMERCIAL BANKS, AND
THE U . S . GOVERNMENT.
ALSO SUBTBACTED I S A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS.
CONSISTS OF M2 PLUS LARGE DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $ 1 0 0 , 0 0 0 OR MORE) AND 1ERM RP L I A B I L I T I E S ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U . S . RESIDENTS AT FOREIGN BBANCHES OF U . S . BiNKS
WORLDWIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, A&D BALANCES IN BOTH TAXABLE A&D TAX-EXEMPT
INSTITUTION-ONLY MONEY MARKET MUTUAL FUNDS.
EXCLUDES AMOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U . S . GOVERNMENT, MONEY
MARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.
ALSO SUBTRACTED I S A CONSOLIDATION ADJUSTMENT THAT REPRESENTS
THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY MONEY MARKET MUTUAL FUNDS.
CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U . S . SAVINGS BONDS, SHOBT—TEBM TREASURY S E C U R I T I E S , COMMERCIAL
PAPER AND BANKERS ACCEPTANCES, NET OF MONEY MARKET MUTUAL FUND HOLDINGS OF THESE ASSETS.
DEBT OF DOMESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CREDIT MARKET DEBT OF THE UNITED STATES GOVERNMENT,
S T A T E AND LOCAL GOVERNMENTS AND P R I V A T E N O N F I N A N C I A L S E C T O R S .
P R I V A T E DEBT C O N S I S T S OF CORPORATE B O N E S , MORTGAGES,
CONSUMER C R E D I T ( I N C L U D I N G BANK L O A N S ) , OTHER BANK L O A N S , COMMERCIAL P A P E R , BANKERS A C C E P T A N C E S AND OTHER DEBT
I N S T R U M E N T S . THE DATA ARE D E R I V E D FROM THE F E D E R A L R E S E R V E B O A R D ' S FLOW OF FUNDS ACCOUNTS.
ALL DATA CN DEBT OF D O M E S T I C
N O N F I N A N C I A L S E C T O R S ARE P R E S E N T E D I N MONTH-AVERAGE FORM, D E R I V E D BY AVERAGING MONTH-END L E V E L S OF ADJACENT MONTHS.
THE
DATA HAVE ALSO BEEN A D J U S T E D TO REMOVE S T A T I S T I C A L D I S C O N T I N U I T I E S THAT MAY A R I S E I N THE UNDERLYING FIOW OF FUNDS S T A T I S T I C S
THE P R E S E N T A T I O N OF DEBT DATA I N T H I S R E L E A S E D I F F E R S , T H E R E F O R E , FROM THE UUART ERLX FLOW OF FUNDS S T A T I S T I C S C O N T A I N E D I N
I N THE F E D E R A L R E S E R V E R E L E A S E S Z . 7 AND Z . I .
I N T H O S E R E L E A S E S , P U B L I S H E D L E V E L S OF C R E D I T MARKET DEBT ARE MEASURED ON A
A Q U A R T E R - E N D B A S I S AND I N C L U D E D I S C O N T I N U I T I E S .

«»

•

#

•

•

•

•

#

e

MA mam
%We3

COMPONENTS OF THE MONEY STOCK

*

WNtooe of dollars, season#*) ad#wetad

Ctmency

Dele

1

150.2
151.2

1984-FEB.
BAR.

Other
checkable
depoelte4

TiMiilsrs
checks 1

Demand
deposits'

5.0
5.0

245.2
245.5

133.8

Montmmeactmne
oomoonents
in WW
only*
In MP

!

Small time depoeits"
at

Lores time depoei t ? "

Savings deeoeMe'
at
e$
total
thrift
commercial
metltwtlone
banks
303.8
172,6
131.2
302.9
172.8
130. 1

banks
354.2
356.5

Institutions
445.7

796.2
802.3

banks1*
231. 1
233.9

at

442.0

at
total

et
thrift
tostthittone
111.9
115.8

festal
343. 0
349.7

135,6

1682.7
1691.8

524.8
536.4

136.1
138.3
139.0

1701.8
1712.8
1722.0

546.9
560.0
569.6

129.3
128.8
128.7

172.6
172.7
172.1

301.9
301.5
300.8

361.2
366.2
371.0

450.0
456.4
463.0

811.2
822.6
834.0

237.6
245.2
249.4

124.6
130. 1

357.7
363.8
379.5

120. 1

APR.
HAT
J0NE

152. 1
152.8
15#.3

5.1
5.1
5.1

245.9
246.3
248.9

JOLT
AUG.
SEPT.

155.0
155.9
156.8

5.2
5.2
5.1

247.3
246.8
247.5

139.4
141.0
142.2

1733.3
1743.9
1756.7

581.9
586.2
593.1

128. 1
127.0
126.1

171.0
169.4
168.4

299. f
296.4
294.5

374.7
378.8
381.7

468.9
476.2
482.6

843.7
855.0
864.4

254.6
255.0
258.0

134.6
137.6
138. 1

389.3
392.6
396. 1

OCT.
NOT.
DEC.

157. 1
157.9
158.7

5.0
5.1
5.2

244.5
246.8
248.6

141.8
143.9
145.9

1770.4
1791.9
1812.9

606.6
614.2
623.8

124.9
123.8
122.6

167.6
166.8
165.9

292.5
290.6
288.5

383.1
38*.5
387.0

489.0
493.4
498. 1

872.1
877.9
885.1

263.2
263.6
264.4

142.5
147.6
152.4

405.7
411.2
416.8

1985-JA8.
FEB.

159.4
160.6

5.3
5.3

249.1
251.7

148.9
151.7

1835.7
1850.1

622.2
620.9

121.6
121.4

166.9
168.1

288.6
289.5

384.4
381.7

496.8
494.3

881.1
876.0

262.3
264.3

155.0
155.3

417.3
419.6

P

WEEK ENDING
1985
FEB.

BAR.

1/

4
11
18
25

159.8
160.3
160.4
161.0

250.0
249.9
251.8
254.0

149.8
151.8
151.5
152.5

121.6
121.6
121.4
121.2

382.6
382.3
381.8
380.8

260.6
263.6
264.4
266.2

4 P
11 P

161.4
161.1

252.8
251.5

153.2
152.8

121.0
120.5

381.0
381.2

266.4
267.5

COBRBBCY OUTSIDE THE U . S .

THEISMT,

PBDBB1L BBSBBTE B1BKS 5 1 0 T I 0 L T S Of COBBIHCIAJ. B1B1CS.

2/

I

EXCLUDES IBB ESIIBATED
=.,«=

isS0ED

B

,

=**<*1,0,,

: BnUBBRraHBHSHMiak;
IHSTITOTION—ONLT HOMEY HARKET PONDS.

9/
10/

W 2 g B D D E 2 O 5 H I T I O H T I B E DEPOSITS IBB THOSE ISSUED I B HBOOBTS OF $ 1 0 0 , 0 0 0 OH BOHE. E I C L U D I i G THOSE BOOKED I T
LIRGE^DBNOHIHITIO* T I B E DEPOSITS I T COBBEHCI1L BABKS L E S S TBOSB HELD B I BOBEI B1HKET B 0 T 0 1 1 POBDS,
DEPOSITORI I N S T I T U T I O N S AND FOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S .




H.6 (508)
Table 4

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

savings bonds

Non-M3 components of L
bankers acceptances 2
short-term treasury
securities 1

commercial paper®

Debt c o m p o n e n t s '
non federal debt
federal debt

71.4
71.8
72.1

226.7
233.2
243.4

43.3
42.9
44.0

134.9
137.3
142.9

1191.7
1214.5
1224.6

4092.9
4129. 2
4173.8

JOME

72.5
72.7
73.0

242.0
241.5
251.6

44.7
46.5
47.7

146.9
151.4
157.1

1236.8
1251.9
1261.3

4221.2
4267.7
4314.2

JULY
AOG.
SEPT.

73. 1
73.3
73.6

259.9
269.2
280.4

48.2
47.8
46.8

161.4
158.2

160.2

1277.9
1299.0
1311.1

4357.2
4393.4
4429.8

OCT.
NOV.
DEC.

73.7
73.9
73.9

279.9
275.0
271.8

44.8
42.5
41.3

156.6
157.9
161.9

1325.2
1347.2
1367.1

4472.2
4521.0
4570.5

1365.6

4615.2

1984-JAN.
FEB.

MAR.
APR.
HAY

JAM. P

~ r t "CONSISTS OF O . S . TREASURY BILLS AND COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY CIHEB THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, HONEY MARKET MUTUAL FUNDS AND FOREIGN E N T I T I E S .
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL I N S T I T U T I O N S , THE FEDERAL
2/
HOME LOAN BANK SYSTEM AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.
3/
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OF-MONTH LEVELS OF ADJACENT MONTHS, AMD HAVE BEEN
4/
ADJUSTED TO REMOVE 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
checks 2

Demand
deposits 3

at commercial
banks 4

at thrift
institutions 8

In M2

total

6

in M3 only

7

Overnight
RPs 8

Overnight
Eurodollars*

General
purpose and
broker/dealer
money market
funds

1984-FRB.
MAR.

148.3
149.9

4.7
4.8

238.6
240.1

98.3
100.3

34. 1
35.4

132.4
135.7

1684.9
1698.1

525.7
537.9

45.9
45.3

11.4
11.3

142. 1
144.8

APR.
HAT
JOMB

151.6
152.9
154.9

4.8
5.0
5.4

248.6
242.1
247.8

103.4
100.3
101.7

37.3
37. 1
38. 1

140.6
137.4
139.8

1706.6
1714.0
1724.3

546.7
561.4
568.2

45.2
46.2
43.3

11.1
12.1
12.6

145.9
146.5
148.9

JOLT
AUG.
SEPT.

156.3
156.5
156.5

5.8
5.7
5,4

248.4
243.8
246.1

101.0
100.7
101.7

38.4
38.2
38.8

139.4
138.9
140.5

1735.8
1742.7
1750.1

578.0
587.3
592.6

42.7
45.0
44.1

13.6
13.4

150.5
150.6
152.1

OCT.
NOV.
DEC.

156.7
158.7
160.9

5.0
4.8
4.9

245.8
248.9
257.4

101.5
103.1
105.9

39.3
40.4
41.3

140.8
143.4
147.5

1767.8
1787.9
1805.9

604.9
616.5

44.7
47.9
45.2

1835.4
1854.4

620.6

1985-JAB.
FEB.

158.3
158.6

P

4.9
5.0

254.9
244.9

108.3
107.7

41.8
42.3

150.1
150.0

626.0

620.7

12.6
12.1

155.6

1C.1
12.4

162.0

48.7
56.2

14.0
13.1

172.2
175.4

167.7

WEEK ENDING:
1985-FBB.

BAB.

4
11
18
25

157.8
159.4
159.0
157.7

247.7
245.3
245.3
241.4

107.2
108.6
107.3
107.0

42.3
42.8
41.9
41.7

149.5
151.4
149.2
148.7

52.9
52.4
56.9
59.7

14.0
13.1
11.9
14.3

173.7
175.1
175.4
176.1

4 P
11 P

159.0
160.4

246.8
247.8

109.6
110.7

43#
44. 1

153.0
154.7

59.5
56.9

12.1
10.1

177.0
178.2

B1C10DBS THE B S T I B A I I B

I

8/

..................

C o ! " s " R O r o " E M i o H " " o * C O » T I . U I I . G C C T B . C T BPS ISSUED BY C O M U C X U

» » S

10 OIHBB T i l l
» » . . p c T c . ,

9 /

MONET B ARRET BUT0AL FUNDS




(GENERAL PURPOSE AND BROKER/DEALER).

DBPCSIIOBI I B S I I I O I I O . S
% , s » » » c , s

1B0

H.6 (508)
Table 5-continued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted
Money market deposit accounts
at
|
at
total
thrift
commercial
Institutions
banks

Date

at
commercial
banks

Savings deposits 1
at
thrift
Institutions

total

Small denomination time deposits 2
St
at
thrift
total
commercial
Institutions
banks

Large denomination time deposits 3
at
at
commercial
thrift
total
institutions
banks 4

1984-FEB.
MAR.

239.0
243.4

151,0
153.4

390.0
396.9

130.1
130.4

171.0
172.6

301. 1
303.0

356.2
357.6

445.3
446.3

801.6
803.9

231.4
234.8

112. 1
115.2

343.4
349.9

APR.
MAT
JUNE

246.3
245.3
245.9

154.7
154.1
151.9

401.0
399.4
397.8

130.7
130.2
130.0

173.7
173.8
174.4

304.5
304.0
304.4

358.0
362.0
367.1

448.2
450.9
457.2

806.1
812.9
824.4

235.4
243. 1
248.5

119.3
124.6
129.7

354.7
367.7
378.2

JULY
AUG.
SEPT.

244.9
243.6
244.8

149.3
145.4
143.9

394.2
388.9
388.7

129.3
126.8
125.2

173,3
168.8
167.3

302.5
295.6
292.5

372.7
379.9
384.0

466.6
475.9
483.3

839.3
855.8
867.3

253.5
256.4
259.3

134.6
138.7
138.7

388.0
395. 1
398.0

OCT.
NOV.
DEC.

248.2
257.1
267.1

144.0
145.5
148.1

392. 1
402.6
415.2

124.3
122.7
121.4

167.3
166.0
164.8

291.6
288.7
286.2

366.2
387.1
387.6

492.6
496.8
498.8

678.8
883.9
886.4

264.0
263.6
265.9

143.6
148.1
151.6

407.6
411.7
417.5

280.4
289.3

153.3
159.1

433.8
448.3

121.1
120.4

165.7
166.5

286.8
287.0

386.0
383.8

501.6
498.2

887.6
882.0

263. 1
263. 8

154.5
155.3

417.5
419. 1

1985-JA*.
FEB.

P

MEEK ENDING
1985
FEB.

MAR.

1/
2/
3/
4/

4
11
18
25

285.8
288.1
289.5
290.7

120.5
120.7
120.5
120.2

384.4
384. 1
383.9
383.3

260.8
263.3
263.6
265.4

4 P
11 P

292.5
293.5

120.4
120.6

382.8
382.7

266.5
268. 1

SAVINGS DEPOSITS EXCLUDE MMDAS.
SHALL DENOMINATION TIME DEPOSITS — INCLUDING RETAIL BPS — ARE 1HOSE ISSUED IN AMOUNTS OF LESS THAN $ 1 0 0 , 0 0 0 .
ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BASKS AND THRIFTS ABE SUBTBACTEC FRCM SMALL
TIME DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $ 1 0 0 , 0 0 0 OR MOBE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING F A C I L I T I E S ( I B F S ) .
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY MONEY MARKET MUTUAL FUNDS, DEPOSITORY
INSTITUTIONS AND FOREIGN 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 RFV
Date

Institution
only money
market funds

at commercial
banks

at thrift
Institutions

total

Term
Eurodollars1

Savings
bonds

Non M3 Components of L
Short-term
Bankers
treasury
acceptances 4
securities'

Commercial
paper*

Components of Debt
Federal debt*

Non-Federal*
debt

1984-FEB.
MAR.

44.6
45.0

32.2
31.9

19.2
21.6

51.4
53.5

89.4
93.2

71.8
72.1

238.1
251.2

43. 1
43.0

137.6
141.2

1210.7
1223.6

4113.7
415Q.7

APR.
HAY
JUNE

45.0
45.3
45.7

32.5
32.0
29.2

24.8
27.5
30.0

57.3
59.5
59.2

93.1
93.6
89.5

72.3
72.6
72.8

244. 1
238.8
249. 1

43.4
45.7
47.2

146.4
152. 1
158.3

1235.9
1246.7
1255.8

4195.8
4244.7
4296.5

JULY
AUG.
SEPT.

46. 1
46.2
46.9

28. 1
30.7
31.3

31.8
33.4
35.4

60.0
64. 1
66. 6

88.4
86.7
86.0

73.0
73.3
73.5

258.0
267.9
277.5

47.5
47.7
47.2

161.2
159.8
158.4

1270.8
1295.8
1310.5

4342.6
4378.5
4417.8

OCT.
NOV.
DEC.

52.2
58.3
62.7

33.1
35.4
32.5

36. 1
35.3
37.3

69.3
70.7
69.7

81.0
81.9
83.2

73.8
74.0
74.2

278.2
272.3
269. 1

45.1
43.3
42.8

158.3
159.4
157.3

1323.0
1343.0
1364.7

4463.9
4512.9
4566.3

65.0
62.2

29.9
31.2

35.0
34.6

64.9
65.8

81.3
81.8

1383. 1

4609.2

4
11
18
25

64.3
63.3
61.8
60.7

29.4
30.9
31.2
32. 1

4 P
11 P

61.5
59.8

32.2
31.6

1985-JAN.
FEB. P
WEEK E N D I N G :

1985-FEB.

MAR.

1/
2/
3/
4/
5/
6/

TEBH BPS ABB THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE DAY, EXCLUDING CONTINUING CONTRACTS AID E M A I L BPS.
INCLUDES
A RELATIVELY SHALL AMOUNT OP OVERNIGHT RPS AT THRIFT INSTITUTIONS.
TERM EURODOLLARS ARE THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE DAY. CONSISTS OF THOSE ISSUED TC U . S . RESIDENTS BY
FOREIGN BBANCHES OF U . S . BANKS WORLDWIDE AND BY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THCSE HELD
BY DEPOSITORY INSTITUTIONS AND MONEY MARKET MUTUAL FUNDS.
CONSISTS OF U . S . TREASURY BILLS AND COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY C1HEB THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, MONEY MARKET MUTUAL FUNDS, AND FOREIGN E N T I T I E S .
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKE1 MUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OF-MON1H LEVELS OF ADJACENT MONTHS, AND HAVE EEEli
ADJUSTED TO REMOVE DISCONTINUITIES.




H.6 (508)
Table 6

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

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

IRA and Keooh Accounts

total demand
deposits and
note and
FR balances

time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

1984-FEB.
MAR.

8.9
8.4

2.0
2.0

7.8
7.7

3. 1
3.0

4.7
4.0

19.2
14.5

27.0
21.5

0.9
0.9

32.4
34.2

45.4
47.4

5.5
5.7

83.3
87.3

APR.
HAY
JUNE

8.3
8.7
8.6

1.9
2. 1
2.0

8.0
8.2
8.4

3.8
2.7
3.9

6.7
4.6
3.8

12.7
10.0
8.5

23.2
17.4
16.2

0.9
0.9
0.9

38. 1
39.4
40.0

51. 1
52.9
53.9

6.2
6.3
6.2

95.4
98.6
100.0

JULY
AUG.
SEPT.

8.7
8.4
8.4

2.0
1.9
2.0

8.4
9.0
9.4

2.8
2.9
3.4

4.0
3.6
6.0

9.0
7.5
14.1

15.8
13.9
23.6

0.9
0.9
1.0

40.6
41.3
41.9

54.7
55. 1
55.9

6.2
6.2
6.2

101.5
102.7
104.0

OCT.
NOV.
DEC.

8.5
8.8
8.6

1.8
2. 1
2.0

9.3
9.4
9.5

2.7
2.8
3.4

4.0
3.2
3.4

8.4
7.5
9.1

15. 1
13.6
16.0

1.0
1. 1
1.0

42.6
43.2
43.8

56.9
57.7
59.0

6.2
6.5
6.7

105.7
107.3
109.5

8.5
8.3

1.9
2. 1

9.2
8.9

3.7
3.2

4.0
4.3

14.9
12.7

22.5
20. 1

1.1
1. 1

45.6
47.4

61.4
64.0

7 . 1e
7 . 4e

114.Oe
118.8e

4
11
18
25

8.4
8.2
8.3
8.6

2.3
2.3
2. 1
1.9

9.0
8.9
9.0
8.9

3.0
2.9
3.5
3.2

4.8
5.2
3.7
4.2

16.6
10.5
11.6
13.9

24.5
18.6
18.9
21.3

1.
1.
1.
1.

4 P
11 P

8.0
7.7

1.9
1.8

8.9
8.8

2.9
3.0

3.2
4.2

12. 1
5.0

18.2
12.2

1.0
1.1

1985-JAN.
FEB.

P

MEEK ENDING:
1985
FEB.

MAR.

1
1
1
1

e = estimated




#

#

#

#

#

#

#

#

#

#

SPECIAL SUPPLEMENTARY TABLE
Monthly Survey of S e l e c t e d D e p o s i t s and O t h e r A c c o u n t s
At A l l I n s u r e d Commercial Banks and A l l Mutual S a v i n g s Banks 1
J a n u a r y 3 0 , 1985 and F e b r u a r y 27, 1985
(not seasonally a d j u s t e d )
Liability Categories

I n s u r e d Commercial Banks
Amount O u t s t a n d i n g ( $ m l l )
Average R a t e P a i d (%)
J a n u a r y 30
F e b r u a r y 27
J a n u a r y 30
F e b r u a r y 27

"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 )

35,425
(503)

Money m a r k e t d e p o s i t a c c o u n t s 3 *

283,116

I n t e r e s t - b e a r i n g time d e p o s i t s with
b a l a n c e s of l e s s t h a n $ 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
7 t o 31 d a y 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 )

36,451
(510)
292,510

Number of I s s u i n g Banks
J a n u a r y 30 F e b r u a r y 27

6.83

6.78

11,795

11,832

7.76

7.72

12,765

12,811

5,153
(381)

5,210
(388)

7.70

7.79

7,837

7,902

32 t o 91 d a y 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 )

18,187
(753)

18,448
(730)

7.74

7.90

13,131

13,085

92 t o 182 d a y 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 )

163,298
(2,252)

162,504
(2,256)

8.46

8.63

13,699

13,737

183 d a y s t o 1 y e a r
( 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 )

60,404
(1,261)

60,120
(1,250)

8.85

8.97

12,647

12,701

over 1 year to 2-1/2 years
( 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 )

70,908
(1,487)

71,347
(1,466)

9.49

9.61

13,254

13,239

2 - 1 / 2 y e a r s and o v e r
( 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 )

106,690
(1,556)

106,353
(1,581)

9.98

10.07

12,779

12,764

A l l IRA/Keogh P l a n d e p o s i 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 )

46,316
(266)

47,822
(295)

(N.A.)

(N.A.)

13,059

13,097

R e t a i l repurchase 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 )

1,177
(203)

1,297
(265)

7.39

7.47

2,880

2,883

S t a t e - C h a r t e r e d Mutual S a v i n g s Banks
Amount O u t s t a n d i n g ( S m l l )
Average R a t e P a i d (%)
Number of I s s u i n g Banks
J a n u a r y 30
F e b r u a r y 27
J a n u a r y 30 F e b r u a r y 27

Liability 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 )

923
(2)

959
(2)

7.18

7.08

Money m a r k e t d e p o s i t a c c o u n t s 3 *
( 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 )

27,213
(81)

28,156
(83)

8.06

7.97

I n t e r e s t - b e a r i n g time d e p o s i t s with
b a l a n c e s of l e s s t h a n $ 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
7 t o 31 d a y 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 )

194
(30)

224
(32)

7.42

7.70

32 t o 91 d a y 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 )

946
(68)

1,053
(69)

8.0,3

92 t o 182 days
( 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 )

26,043
(178)

25,476
(90)

8.74

8.77

357

183 d a y s t o 1 y e a r
( 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 )

10,287
(72)

10,600
(48)

9.23

9.32

319

317

over 1 year to 2-1/2 years
( 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 )

10,713
(109)

10,835
(241)

9.79

9.87

352

339

2 - 1 / 2 y e a r s and o v e r
( 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 )

19,337
(180)

18,661
(159)

10.33

A l l IRA and Keogh P l a n d e p o s i 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 )

8,716
(188)

8,931
(201)

(N.A.)

(N.A.)

355

352

R e t a i l repurchase 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 )

71
(62)

112
275

co1,ecetdbyh
teFederaiResene,rofmastratf,eid
90
(70)

7.79

67

27 3

^ofabout550banks
•is8iee»e:
N.A. - Data not a v a i l a b l e .

^ncfudinq t h o s e ' h e H ?n Z

 * In January,


",th

b , 1

"CeS °f

1 e

»

t h

"

1985 t h e minimum b a l a n c e required In Super NOW and WDA a c c o u n t s was lowered from $ 2 , 5 0 0 t o $1 .nnn