Full text of H.6 Money Stock Measures : May 17, 1984

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

.•:«9&£%.

FEDERAL RESERVE statistical release
H.6(568)
Table 1

H&I

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES
Billions of dollars

17, 1984

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

Date

M2
M3
M2 plus
M1 plus overnight RPs
large time deposits,
and Eurodollars,
MMMF balances (gen. pur. term RPs, terrri Eurodollars
and broker/dealer), MMDAs,
and institution-only
and savings and small
MMMF balances3
time deposits2
Seasonally adjusted

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors8

i

1983—APR.
HAY
JUNE
JULY
AUG
SEPTOCT.
NOV.
DEC.

497.9
506.6
510.9
514.9
517.4
518.9
521.6
523.0
525.3

2081.8
2102.2
2117.0
2126.6
2135.3
2147.9
2167.2
2182.1
2196.1

2550. 6
2571. 0
2593. 0
2604. 0
2617. 2
2636. 4
2657. 0
2688. 8
2706. 7

2980. 0
3003. 3
3033. 1
3059. 7
3075. 1
3097. 7
3114, 7
3146. 9
3176. 9

1984—JAN.
FEB.
HAR.
APR.

530.0
532.9
535.1
535.1

2206.6
2222.0
2228.8
2242.1

2721. 7
2745. 2
2765. 7
2790. 6

3198. 3

5275.4
5334.0
5379.9

P

4850.1

4896.0
4958.1
5001.3
5040.9
5083.7
5125.0
5166.7
5219.0

Not seasonally adjusted

1983 — A P R .
HAY.
JOKE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC

505.2
500.7
509.8
516.6
513.5
516.3
522.3
526.7
537,8

2092.4
2096.7
2118.1
2131.9
2133.3
2142.2
2167.1
2181.2
2197.9

2558. 4
2565. 9
2591. 2
2604. 0
2615. 6
2631. 0
2655. 7
2689. 9
2712. 8

2991. 2
2999.3
3028. 6
3052. 5
3070. 6
3085. 5
3110. 6
3148. 1
3184. 7

4826.8
4871.4
4933.2
4975-6
5019.5
5071.6
5111.0
5153.4
5219.0

1984—JAN.
FEB.
HAR.
APR. P

534.8
521.9
528,1
542.9

2210.4
2211.9
2229.7
2253.9

2727.
2737.
2767.
2799.

6
9

3209. 7

5263.5
5314.6
5362.4

0
2

M1
For period ended
13-week average
1984-APR.

HOTE:

week average

13-week average

Not seasonally adjusted
4-week average

week average

30 P

533.0
533.5
534.0
534.2
534.5

535.9
536.0
535.9
534.5
534.7

53 3 . 4
536. 4
535. 8
532. 2
534. 5

528.3
527.7
528.4
529.7
531.0

528.4
533.0
538.4
543.6
543.0

532.0
549.2
550.8
542.4
529.5

7 P

535.0

535.5

539. 4

531.9

540.5

539.3

2
9
16

23
HAY

Seasonally adjusted
4-week average

SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING WEEK-TO-WEEK CHANGES IN HONEY SUPPLY DATA, WHICH ARE
HIGHLY VOLATILE AND SUBJECT TO REVISION.
P—INDICATES PRELIHINAHY DATA.
FOOTNOTES APPEAR ON THE FOLLOWING PAGE




K t (508)
Tib* 2

MONEY STOCK, LIQUID ASSETS AND DEBT MEASURES
fercant change at aaaaonally adjuatad annual rataa
M1

112

M3

Dattv

3 MONTHS rBOH JAM.

1 9 8 4 TO A P I .

1984

3.8

6.4

10.1

U.J

6 SOUTHS FROM OCT.

1 9 8 3 TO A P I .

1984

5.2

6.9

10.1

11.?

12 a o i T U S PIOB APR.

1 9 8 3 fO APB.

1984

7.5

7.7

9.4

11-i

THIBTBBM yBEATS ENDING MAI
7 , 1984
FBOB THIRTEEN KBBKS BBD1MG:

1/

FBB.

6,

1984

( 1 3 8BBES

PiBflOOS)

6.1

BOf.

7,

1983

( 2 6 NBEK3 PBBflOOS)

5.9

BAT

9,

1983

( 5 2 REEKS PREVIOUS*

7,7

6ROUTH BATES FOB DBBT ABB BASBO OB PERIODS BEGINNING AND EBDIBG OBB BQBZM MkBLl^B THAN FOB IBB BOJBIAAI AC61B6A1AA*
MABBLX# DECBBBEfi 1983 TO RABCH 1984, SEPTBHBBB 1983 TO 4ABCH 1984, ABO BABCA 1983 TO 1ARCH 1984 BBS*BCT1VELI. ~
GBOVTH BATES BBPLBCT ADJUSTBBMTS FOB OISCOBTIBOITIBS Of BB TIAE IB TBB LEVELS Of DBB1 PRBSfiNtAD IA CTBlfi TA£LB6.

FOOTBOTES TO TABLE 1
COMSISTS OF (1) CURBENCT OUTSIDE THE TRBASORI, FBDEBkL BESEHMM BABKS, AHO TUB 1AUL1S OP COMMERCIAL BAB&S;
(2) TRAVELERS CHECKS OF BOHBAMK ISSUERS; (3) OEHANO OEPOSXTS AT ALL COMMERCIAL BABKS OTHBB IRAN TBOSE DOB 10
DOMESTIC BAMKS# THE U.S. GOVERNMENT, AMD FOREIGN BABKS AHO OFFICIAL I«&1ITJI?IG*£ LESS CASH IIBJS IB IBB PBOC1SS
OF COLLECTION AND FEDEKAL BBSEBVE FLOAT; AND (<4) OTHBB CHECKABLE DEPOSITS (OCO) COBSISTIBG OF N£6011 ABLE QBDIB
OF WITHDRAWAL (BOH) AND AUTOflATIC TBABSFE& SEBV1CE |ATS) ACCOUNTS AT DEPCS11GBI INSlllilllCBS,
CBED1T UNION SUAHE DRAFT ACCOONIS AND DEMAND DEPOSITS AT THRIFT INST1I0IJCNS. IBB CUBRINCI ANO OBBABC
DEPOSIT COBPONENTS BXCUIDE TBE EST1HATED AB0HN1 OF VAULT CASH ABC OEBABO DBPGSITS, BESP£C1II£LI« BBLD BI
THRIFT INSTITUTIONS TO SEBVICE THEIfi OCD LIABILITIES.
2/ CONSISTS OF HI PLUS 0V2BN1GHT (AND CONTINUING CONTRACT) BPS ISSUED fil ALI CGBHEBCIAL BANKS ABO OVERNIGHT BBBOOOLUIBS
ISSUED TO U-S, RESIDENTS BY FOREIGN BRANCHES OF U.S. BANKS HOHLDilOE,flfl£AS,SAVINGS AND SBAXL DBB0B1AATIQB
TIflE DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL RPS—IN ABOUNIS OF LESS TRAN $100,000)r ANO iALABCBS XN BOTH
TAXABLE AND TAX-EXEBPT GENERAL PURPOSE AND fiRUKER/DEALER HOMEI JUBKET BUIUAL FUNDS. EXCLUDES ABA ABO BEOGB
BALANCES AT DEPOSITOR! INSTITUTIONS AMD HONEY HARKEI FUNDS. AJLSG EXCLUDES ALL BALANCBS HELD BI U.S. CQJflBBCIAL
BANKS, HONBI HARKET FUNDS (GENERAL PURPOSE AMD BROKER/DEALER)# FOREIGN GCVEBNHBNTS AND COflfllRCIAL £ANAS# AJU)
THE U.S. GOVERNflENT. ALSO SUBTRACTED 15 A CONSOLIDATION ADJUSTflfiNT 1UAT REPRESiBTS THE BSI1BAIB0 ABOONT
OF DEMAND DEPOSITS AND VAULT CASH HELD til THRIFT INSTITUTIONS TO SBRV1CB TUilB 1IHE AND SAVINGS DiJFOSJIS.
3/ CONSISTS OF fl2 PLUS LARGE DKNGHINAT1OM IIHE DEPOSITS AND TBRH RP LIABILITIES {IU AMOUU1S OS $IO0#D00 OB AQS&1 IS10Afi
BI COflHERCIAL BANKS AND THRIFT INSTITUTIONS, TERN EURODOLLARS HELD HI 0.5. RESIDENTS AT F0RA1GJI BRANCHES Of O.S. RAJOS
HOBLDWIDE AND AT ALL BAHKING OFFICES IH THE UNITED KINGOOH AND CANADA. AMD BALANCES IN BOTH XAXABLB ABO IAX-B1BBP1
INSTITUTION-ONLT flONBT MARKET MUTUAL FUNDS, EXCLUDES AMOUNTS HELC BI 0EPCS1TCRI INSTITUTIONS, THE O.S. GQIERBBftJIl, BQBiX
HARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO S0BTBAC1ED IS A COHS0L10A11ON ADJBSlftEJT THAI REfiBlSJNtA
THE ESTIHATED A0OUNT OF 0VB&M1GHT RPS AND EUBODOLLABS HELD BI INSTITUlIOk-ONLI B0NE1 BOTUAL fttkOS.
CONSISTS OF H3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS £ONDS, SfcCEl«IEiB TNEASURI SECURITIES, C0BN1RC1AL
PAPER AND BANKERS ACCEPTANCES, MBT OF HOMKY MARKBl MUTUAL FUND HOLDINGS CF THESE ASSETS.
5/ DEBT OF DOMESTIC N0MF1NANC1AL SECTORS CONSISTS OF OUTSTANDING CREDIT HARAfil 0E61 OF THE UNI1E0 STAfBS GOVERNBINI,
STATE AND LOCAL GOVERNMENTS AND PRIVATE N0MF1NANCIAL SECTORS. PRIVATE Offal CChSISIS CF CORtOBATB COBCS, BOMIGAGRS.
COhSUnEB CREOIT (INCLUDING HANK LOAMS), OTHER BANK LOANS, COMMERCIAL PAPER, EAMKERS ACCBflAaCBS ABB C1HER O&AX
IKSTfiUMENTS. THE SOUkCE OF DATA ON DOMESTIC NONFINANCIAL OBfif IS THE B£01fiAL S.ASEBVB BOARD'S fLOM CF tOBOS ACCCONIS.
DEBT DATA ABE ON AN END CF BOMTH BASIS.
1/




H.6 (508)
Table 3

COMPONENTS OF THE MONEY STOCK
Billion* of dollars, seasonally adjusted

Currency1

Dal*

Travelers
checka1

Damand
depoeite'

Other
chackabla
dapoaita4

Nont ran •action*
components
in M3
only*
In M2*

Savings deposits7
at
at
total
commercial
thrift
banks
institutions

Selected nontranaactions Hams
Small lima dapoaita1
at
at
thrift
commercial
total
inatitutions
banka

iMit M Uma dapoaita"
at
at
commercial
thrift
totai
banka10 inatitutlona

139.1
140.5
141.6

1.6
1.6
I1.6

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
296.0
303.0

JOLT
AUG.
SEPT.

142.4
143.5
144.8

44.6
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

138.8
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

OCT.
NO?.
DISC.

146.0
147.2
148.0

1.8
1.9
(.9

243.6
242.8
243.7

127.2
128.2
128.9

1645.6
1659.2
1670.8

489.8
506.7
510.6

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
225.5

93.9
96.6
100.3

315.6
320.8
325.8

1984-JAB.
FEB.
BAB.

149.9
150.2
150.9

4.9
5.0
S.O

244.5
243.8
244.0

130.7
133.8
135.3

1676.6
1689.1
1693.6

515.1
523.2
536.9

132.1
130.1
128.9

177.7
176.4
176.5

309.8
306.5
305.3

352.9
352.8
353.5

444.1
448.1
449.9

797.0
800.9
803.4

227.1
228.2
232.6

106.1
111.7
115.1

333.2
339.9
347.7

151.8

5.0

245.2

133.1

1707.0

548.5

128.6

176.6

305.2

355.7

4 53.3

809.0

236.3

118.9

355.2

150.7
151.2
151.8
152.3
152.2

243.9
244.7
245.0
244.9
244.2

133.7
135.5
134.0
129.9
133.1

128.8
129.0
128.5
128.3
128.2

354.6
354.6
354.8
356.3
356.8

233.9
234.9
235.8
236.2
238.8

152.5

245.6

136.3

128.5

358.6

239.2

1983-APB.
HAT
JUBB

APB. P
MEEK BMOIHG
1984-APfi. 2
9
16
23
30P
BAT

1/

7P

COfifiEVCT OUTSIDE TBB U.S. TREASURY, FEDERAL RBSBBVE BAMIS AMD fAOLTS OF COHHERCIAL BABES. EXCLUDES TBB BSTIBATBD
AHOUNT OF TAOLT CASH HELD BT THRIFT INSTITOTIOBS TO SEBflCE THBIfi OCD LIABILITIES.
2/ OUTSTANDING AHOONT OF U.S. DOLLAB-DBMOHIMATED TBAfBLBBS CBBCES OF NONBABK ISSOEBS. TBATELEHS CBBCIS ISSUED BT DBPOSITOBT
INSTITUTIONS ABE INCLUDED IN DEHAND DEPOSITS.
3/ DEHAND DEPOSITS AT COBBBBCIAL BANKS AND FOREIGN BELATED INSTITUTIONS OTBBB THAN THOSE DOB TO DOMESTIC BANKS, THE 0. S. GOTERNHE MT AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEBS IN THE PROCESS OF COLLECTION AND FBDBBAL BBSEBVB FLOAT.
EXCLUDES THE BSTIBATED AMOUNT OF DEHAND DEPOSITS HELD AT COHHERCIAL BANKS BT THRIFT INSTITUTIONS TO SEfiflCE TBEIB OCD
LIABILITIES.
4/ CONSISTS OF BOB AND ATS BALANCES AT ALL DEPOSITOBT INSTITUTION, CBEDIT ONION SHARE DBAFT BALANCES AND
DEHAND DEPOSITS AT THBIFT INSTITUTIONS. OTHEB CHECKABLB DEPOSITS SEASONALLT ADJUSTED EQUALS THE DIPFEBENCB BETWEEN THB
SEASONALLT ADJUSTED SUH OF DEHAND DEPOSITS PLUS OCD AND SEASONALLT ADJUSTED DEHAND DEPOSITS. INCLUDED ABE ALL CEILING
FBEE "SUPER MOMS," AUTHORIZED BT THE DEPOSITOBT INSTITOTIOBS DEREGULATION COHHITTBB TO BE OFFBBBD BEGINNING JANUABT 5,
198J.
5/ SUB OF OfBRNIGHT BPS AND OfBBNIGHT EOBODOLLABS, BONET HABKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER),
HHDAS, AND SAVINGS AMD SHALL TIHE DEPOSITS, LESS THE CONSOLIDATION ADJUSTHENT THAT REPRESENTS THB ESTIHATED AHODNT OF
DEflAND DEPOSITS AND TAULT CASH HELD BT THRIFT INSTITUTIONS TO SEBflCE THEIB TIHE AND SAVINGS DEPOSITS LIABILITIES.
6/ SUH OF LARGE TIHE DEPOSITS, TEBH BPS AND TEBH EURODOLLARS OF U.S. RESIDENTS, HONET HABKET PUMD BALANCES (IMSTITDTOIMOMLY), LESS A CONSOLIDATION ADJOSTHENT THAT BEPBESBBTS THE ESTIBATBD AHOUNT OF OVERNIGHT BPS AND EUBODOLLABS HELD BT
INSTITOTION-ONLT HONET HARKET FUNDS.
7/ SAVINGS DEPOSITS EXCLUDE HHDAS.
8/ SHALL DENUHINATION TIHE DEPOSITS—INCLUDING RETAIL B P S — ABE THOSE ISSUED IN AHOUNTS OF LESS THAN 5100,000, ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COHHERCIAL BANKS AND THRIFTS ARE SUBTRACTED FBOH SHALL
TIBE DEPOSITS.
9/ LARGE DENOHINATION TIBE DEPOSITS ABE THOSE ISSUED IN AHOONTS OF $100,000 OB HOBE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
10/ LARGE DENOHINATION TIHE DEPOSITS AT COHHEBCIAL BANKS LESS THOSE HELD BT HONET HABKET HOTOAL FUNDS,
DEPOSITORY INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H6(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
securities'

• 1.3

commercial paper9

Debt components4
federal debt
non-federal debt

69.2
69.5
69.8

196.4
198.5
206.8

40.6

m.o

122.5
123.4
122.9

1052.1
1074.9
1106.9

3797.9
3821.1
3851.2

JULY
AUG.
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

3881.2
3904. 8
3934.8

OCT.
NOT.
DEC,

70.7
70.8
71.0

218.5
217.3
223.4

42.8
43.0
43.4

125.7
126.9
132.4

1162.9
1169.7
1177.9

3962.2
3997. 1
4041.0

1984-JAN.
FEB.
BAB.

71.2

227.4

42.8

135.1

1204.8
1221.5
1219.8

4070.6
4112.4
4 160.1

1983-APB.
HAT
JUMB

1/

savings bonds

CONSISTS OF U.S. TBEASUBY BILLS AMD COUPONS WITH BEHAIRIII6 HATOBITIES OP LESS THAU 12 BO1THS HELD BT OTHEB THAV OEPOSITOBT
INSTITUTIONS, FEDEfeAL BESEBVE BANKS, HONEY BARRET HUTUAL FUNDS AND FOBEIGB ENTITIES.
NET OF DANKEBS ACCEPTANCES HELD BY ACCEPTING BANKS, PEDEBAL BESEBfE BANKS. FOBEIGN OFFICIAL INSTITUTIONS, THE FEDEBAL
HOME LOAN BANK SYSTEH AND HONEY HABKET MUTUAL FUNDS.
TOTAL COHHEBCIAL PAPEB LESS COHHEBCIAL PAPER HELD BY HONEY HABKET HOTUAL FUNDS.
DATA ABE ON AN END GF HONTH BASIS.




H.6 (508)
Table 5

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

Other checkable deposits

Dels

Currency'

Travelers
checks1

Demand
deposits'

Overnight
at commercial
banks4

at thrift
Institutions'

total

In M2*

tfiM3oa»y

7

•#••

Overnight
KtnodoHare*

General
purpose and
brofcerideeler
money market
funds

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

JOLI
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.
BOV.
DEC

145.7
147.9
150.5

1.8
1.6
11.6

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

488.5
508.7
514.9

45.3
44.9
44.8

11.7
10.3
11.3

137.5
138.8
138.2

1984-JAB.
FEB.
BIB.

148.4
148.3
149.0

41.7
11.8

249.4
237.9
239.4

99.2
97.7
99.7

33.2
33.2
34.4

132.5
130.9
134.1

1675.5
1690.0
1701.6

517.2
526.0
537.3

47.1
48.1
47.0

11.2
10.7
10.0

137.9
142.1
144.8

151.5

4.8

247.8

102.7

36.2

138.9

1711.0

545.3

46.4

9.8

146.1

1983-APB.
HIT
J01E

APB. P

1.6

1BEK EBDIB6:
1904-APB.

HIT

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

2
9
16
23
30 P

149.6
152.4
151.9
151.5
150.4

242.8
250.6
252.4
246.9
240.*

99.9
104.5
104.9
103.2
98.7

34.9
37.0
36.9
36.0
35.1

134.8
141.5
141.8
139.2
133.7

49.1
49.3
44.2
44.5
46.7

10.3
9.3
10.3
7.8
11.7

145.4
146. 1
146.8
146.4
145.4

7 P

152.9

243.9

100.8

36.8

137.6

45.9

9.0

144.5

COBREMCT O0TS1DB TBB O.S. TREASURY, FEDERAL BBSBBfB BABKS AID TBB TAOLTS OP COBHBBCIAL BABES. BXCLQOBS TBB BSTIBATBD
ABOOMT OP VAULT CASH HELD BY TBBIFT IBSTITOTIOBS TO SBBflCB THEIB OCD LIABILITIES.
OUTSTANDING AMOUNT OP O.S. DOLLAB-DEBORINATBD TfiAVELBBS CHECKS OP BOBBABK ISSUBBS. TBATELIBS CflBCKS ISSUED BT DEPOSITORY
INSTITUTIONS ABE INCLUDED IB DBBAHD DEPOSITS.
DEBAND DEPOSITS AT COBBIBCIAL BANKS OTHEB THAN THOSE DOB TO DOMESTIC BABKS, TBB O.S. GOVERNMENT AND POBBICN BANKS ABD
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.B. FLOAT, LESS TBB BSTIBATBD ABOONT OF DBBABD
DEPOSITS HELD AT COflHEBCIAL BANKS BT THBIFT INSTITUTIONS TO SBBflCB THEIB OCD LIABILITIES.
CONSISTS OF NO» AND ATS BALANCES AT COfltiBBCIAL BANKS, U.S. BBANCHES AND AGENCIES OF FOBEIGN BANKS, AND EDGE ACT
CORPORATIONS. INCLUDES SUPEA NOUS OP $31.7 BILLION IB THE MEEK 1WDBD APBIL 23, $30.5 BILLION IN THE BEBK BBDED APBIL 30,
AND $30.8 BILLION IN THE KEEK ENDED HAT 7.
CONSISTS OP NOB AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND HUTUAL SAVINGS BANKS, CBEDIT ONION SHABB
DBAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS. INCLUDES SUPEB NOfS OF $11.7 BILLION IN THB BEBK ENDED APBIL 23, $11.4
BILLION IN THE HEBK ENDED APBIL 30, AND $11.8 BILLION IN THE WEEK ENDED BAT 7.
SUB OF OVEBNIGHT BPS AND BUBODOLLABS, SONET BASKET FUND BALANCES (GBNEBAL PURPOSE ABD BBOKEB/DEALEB), HBDAS AND SAVINGS
AND SHALL TIME DEPOSITS LESS THE ESTIBATED AHOOUT OF DBHAND DEPOSITS AND VAULT CASH HELD BI THBIFT INSTITUTIONS TO SEBVIC5
THEIB TIBE AND SAVINGS DEPOSIT LIABILITIES.
SUH OF LARGE TIME DEPOSITS, TERH RPS AND EURODOLLARS OF U.S. RESIDENTS, HOMEY BABKET FUND BALANCES (INSTITUTION-ONLY), LESS L
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THB ESTIMATED AMOUNT OF OVERNIGHT BPS AND EURODOLLARS HELD BT INSTITUTION-ONLY
HONEY MARKET HUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
HONEY MARKET HOTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U.S. RESIDENTS OTBEB THAN DEPOSITOBY INSTITUTIONS AND
BONBT MARKET HUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).




H.6 (508)
Table 5-continued

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

Data

Money market deposit accounts
at
at
thrift
commercial
total
banks
institutions

at
commercial
banks

Savings deposits1
at
thrift
institutions

total

Small denomination time deposits'
at
at
thrift
commercial
total
institutions
banks

Large denomination time deposits'
at
at
thrift
total
commercial
institutions
banks4

198.<l
208.*
216.0

143.0
149.1
152.6

341.4
357.4
368.6

142.4
142.1
141.6

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

JULY
AUG.
SEPT.

218.4
218.9
221.1

152.2
149.7
148.4

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
332.6
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

OCT.
NOV.
DEC.

223.4
227.1
230.0

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
229.0

95.8
98.3
100.7

317.9
323.7
329.6

1984-JAN.
FED.
HA It.

234.2
238.3
242.6

146.3
147.9
150.2

380.4
386.2
392.8

131.3
129.9
130.2

176.1
175.2
176.8

307.4
305.1
307.1

353.7
355.3
356.0

445.7
450.0
451.6

799.4
805.4
807.6

229.3
229.6
232.9

105.6
110.9
113.8

334.8
310.5
346.7

245.2

151.4

396.6

130.5

177.9

308.3

356.3

455.1

811.4

233.7

117.6

351.3

1983-APR.
HAY
JUNE

APS. P
HEEK ENDING
1984
APR. 2
9
16
23
30 P
HAY

1/
2/

3/
4/

7 P

244.9
246.7
246.9
244.7
242.8

130.9
131.6
130.7
129.9
129.6

356. 1
355.5
355.6
356.9
357.3

234.2
233.7
233. 1
232.7
235.0

243.1

130.1

358.6

236.6

SATINGS DEPOSITS EXCLUDE HHDAS.
SHALL DENOMINATION TXflE DEPOSITS — INCLUDING RETAIL BPS — ABB THOSE ISSUED IN AMOUNTS OP LESS THAN $100,000. ALL
INDIVIDUAL RETIBEBBNT ACCOUNTS (IHA) AND KEOGH ACCOUNTS AT COHHERCIAL BANKS AND THRIFTS ARE SUBTRACTED PROM SHALL
TINE DEPOSITS.
LAkGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AHOOMTS OP $100,000 OR MORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (1BFS).
LAfiGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BT HONEY MARKET MUTUAL FUNDS, DEPOSITORY
INSTITUTIONS AND FOREIGN BANKS AND OFPICIAL 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 RPs*
at thrift
institutions

Commercial
paper*

Federal debt

Non Federal
debt

40.7
40.4
40.1

122.8
124.2
123.3

1049.7
1068.2
1093.9

3777.1

44.3
46.9
48.0

92.1
91.9
90.5

69.9
70.2
70.4

214.1
217.9
216.7

40.9
43.1
43.8

123.7
123.9
123.5

1105.8
1126.3
1141.8

3B69.8
3893.1
3929.8

16.7
18.1
19.6

47.3
53.4
56.0

87.5
93.7
92.4

70.7
71.0
71.3

216.4
215.7
222.8

43.0
43.4
44.8

124.8
128.0
132.9

1153.5
1162.4
1177.9

3957.5
3991.0
4041.0

34.2
35.7
35.4

19.1
18.7
20.3

53.3
54.4
55.7

91.4
92.6
96.7

71.6

231.0

43.8

135.7

1201.6
1219.8
1227.4

4061.9
4094.8
4135-1

41.8

36.3

22.1

58.4

97.4

2
9
16
23
30 P

42.3
42.0
42.2
41.3
41. 3

33.2
32.7
38.2
39.7
35.3

7 P

40.8

36.3

38.6
38.4
38.8

29.6
31.6
31.9

14.8
15.2
16.1

OCT.
MOV.
DEC.

39.8
40.6
40.3

30.6
35.3
36.4

1984-JAN.
FEB.
BAR.

40.6
41.6
41.8

APfl. P

-

3803.2
3839.3

ENDING:

1984-APfi.

HAT

5/

Bankers
acceptances4

200.3
199.5
204.4

JULI
AUG.
SEPT.

3/

Short-term
treasury
securities1

69.0
69.3
69.6

12.5
13.0
13.9

f

Savings
bonds

91.4
92.3
91.9

30.4
32.6
31.5

2/

Term
Eurodollars1

42.9
45.6
45.5

40.5
39.5

41.3

1983-APfl.
HAY
JOKE

UEEK

total

TBBH RPS kUZ THOSE WITH O R I G I M A L

MATURITIES

GREAT IB THAN ONE D A T , E X C L U D I N G

CONTINUING

CONTRACTS AN D R E T A I L R P S .

TEHM EURODOLLARS ABE THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE DAT. CONSISTS OF THOSE ISSUED TO U.S. RESIDENTS BT
FOREIGN BRANCHES OF U.S. BAMKS WORLDWIDE AND BT ALL BANKING OFFICES IN TH£ UNITED KINGDOM AND CANADA. EXCLUDES THOSE HELD
BY DEPOSITORY INSXI1UTIONS AND MONEY MARKET flUTUAL FUNDS.
CONSISTS OF U.S. TRRASUfiY DILLS AND COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BT OTHER THAN DEPOSITORT
INSTITUTIONS, FEDERAL RESERVE iJAMKS, MONEY HARKFT MUTUAL FUNDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOSE LOAN BANK SYSTEM AND HONEY fiAHKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BT NONET MARKET MUTUAL FUNDS.




H.6 (508)
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

note balances
at commercial
banks
and thrift
institutions

total demand
deposits and
note and
FR balances

time
and savings
deposits at
commercial
banks

commercial
banka

thrift
institutions

money
market
mutual funds

total

7.4|

10.3
10.0
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

2.0
2.0
2.0

7.3
7.3
7.3

2.8
2.4
3.2

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

8.0
8.4
8.2

1.9
2.0
2.0

7.1
7.2
7.1

2.7
2.7
3.0

7.1
2.9
3.6

22.0
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
5.0

71.8
72.9
74^6

8.3
8.5
8.1

1.8
1.9
1.9

7.0
6.8
6.9

3.1
3.1
3.0

4.7
4.5
4.0

16.5
19.2
14.5

24.2
26.8
21.5

0.9
0.9
0.9

31.0
32.7
34.7

41.0
42.8
44.6

5.2

77h

8.0

1.7

7.2

3.8

7.5

12.7

24.0

0.9

38.3

46.9

6.0e

1.8
1.7
1.8
1.7
1.7

6.9
6.9
7.2
7.4
7.5

2.4
3.0
4.6
4.0
4.0

3.8
3.1
4.0
8.6

12.1

30 P

8.3
7.8
7.9
8.0
8.0

15.5

17.6
21.7

18.3
13.3
13.0
30.3
41.2

0.9
0.9
0.9
0.9
0.9

7 p

8.4

2.0

7.4

3.0

5.7

21.9

30.5

0.9

7.7
7.5

JULY
ADG.
SEPT.

8.2
7.9
8.1

OCT.
HO?.
DEC.
198%-JAM.
FEB.
HAfi.
APB.

P

ENDING:

2

9
16
23

•ay

balances at
Federal
Reserve
Banks

3.8
3.6
3.4

2.0
1.9
1.9

1984
APB.

demand
deposits at
commercial
banks

IRA and Keogh Accounts

3.9
2.5
3.4

7.6
7.7
8.1

1983-APB.
HAY
JDHB

MEEK

US government deposits

e = estimated




7.2
4.5

5.4e
5.7e

80.9e
85.0e"
•*

c-

91.1e~

SPECIAL SUPPLEMENTARY TABLE
Monthly Survey of S e l e c t e d Deposits and Other Accounts
At A l l Insured Commercial Banks and A l l Mutual Savings Banks 1
March 2 6 , 1984 and April 2 5 . 1984P
(not s e a s o n a l l y adjusted)
Liability Categories
"Super NOW" accounts2
(standard error of the estimate)
Money market deposit accounts3
Interest-bearing time deposits with
balances of less than $100,000
with original maturities of: 4
7 to 31 days
(standard error of the estimate)

Insured Commercial Banks
Amount Outstanding T$milT
Average Rate Paid (Z)
Mar. 26
Apr. 25P
Mar. 26
Apr. 25*
30,359
(624)
242,905

30,495
(658)
245,22*

Number of Issuing Banks
Apr. 25P
Mar. 26

7.36

7.38

12,106

12,123

8.50

8.67

12.776

12,990

7,773

7,785

5,000
(432)

4,930
(401)

8.75

8.83

32 to 91 days
(standard error of the estimate)

15,520
(721)

16,033
(709)

8.98

9.06

13,20

13,397

92 to 182 days
(standard error of the estimate)

167,794
(2,789)

166,624
(2.284)

9.87

9.99

13,903

14,005

35,060
(2,113)

39,907
(1.377)

9.94

10.11

11,929

12.409

over 1 year Co 2-1/2 years
(standard error of the estimate)

52,659
(1,621)

56,791
(1,473)

10.41

10.59

13,192

13,533

2-1/2 years and over
(standard error of the estimate)

110,534
(2,415)

109,781
(1,680)

10.80

10.95

12.532

12,623

All IRA/Keogh Plan deposits5
(standard error of the estimate)

35,078
(204)

39,071
(214)

(N.A.)

(N.A)

13,252

13,387

Retail repurchase agreements'*
(standard error of the estimate)

1,130
(208)

1,212
(196)

8.27

8.47

2,851

3.125

183 days to I year

Liability Categories
"Super NOW" accounts2
(standard error of the estimate)

State-CVtartered Mutual Savings Bank s'
Number of Issuing Banks
Average Rate Paid (Z)
Amount Outstanding ($mll)
Mar. 26
Apr. 25P
Mar. 26
Apr. 25P
Mar. 26
Apr. 25P
828
(17)

802
(17)

7.60

7.58

232

232

26,075
(41)

26,593
(97)

8.82

8.95

349

357

Interest-bearing time deposits with
balances of less than $100,000
with original a*curitlea of: 4
7 to 31 days
(standard error of the estimate)

209
(49)

247
(45)

8.58

8.65

118

117

32 to 91 days
(standard error of the estimate)

827
(89)

910
(85)

8.82

9.01

262

272

26,124
(873)

25,582
(358)

9.97

10.17

372

373

183 days to 1 year
(standard error of the estimate)

6,206
(582)

6,803
(252)

10.29

10.52

303

304

over 1 year to 2-1/2 years
(standard error of the estimate)

9,273
(76«)

10,202
(369)

10.71

10.92

345

346

2-1/2 years and over
(standard error of the estimate)

22.678
(795)

21,441
(328)

11.16

11.30

323

340

All IRA and Keogh Plan deposits5
(standard error of the estimate)

7,411

7,870
(183)

(N.A.)

(N.A.)

364

366

8.89

9.12

69

66

Money market deposit accounts3

92 to 182 days

Retail repurchase agreements6
(standard error of Che estimate)

119
(52)

115
(51)

p—preliminary.
N.A. - Data not available.
1. Estimates are based oo data collected by the Federal Reserve from a stratified random sample of about 550 banks
and 75 mutual savings banks. Until the end of September 1983 data ware collected concerning specific Indexedcelling and ceiling-free deposit accounts. Effective October 1, 1983, the DIDC deregulated time deposits, and
this survey now provides information on all small interest-bearing time deposits by maturity category. The data
presented for the end of October are not directly comparable to specific account data published previously, but
Include those balances.
2. "Super NOW" accounts are NOW accounts containing an agreement between depositor and depository such chat,
provided certain conditions—Including a $2,500 minimum balance—are met, some or all funds deposited are eligible
to earn more than 5.25 percent.
3. Money market deposit accounts (MMDAs)—Deposits with a $2,500 initial and average balance requirement, no
required minimum maturity but institutions must reserve the right to require at least seven day's notice prior to
withdrawal, no restrictions on depositor e l i g i b i l i t y , or limitations on the amount of Interest that may be paid
unless the average balance falls below $2,500 during which period Che NOW account rate celling applies; such
accounts may allow up to alx transfers per month, no more than three of which may be draft and may permit unlimited
withdrawals by mall, messenger, or in person. Estimates for this category of deposits are based on data collected
by the Federal Reserve from weekly deposit reports submitted by about 10,500 commercial banks.
4. All Interast-bearing time certificates sod open account time deposits with balances of less than $100,000,
Including those held in IRAs and Keogh Plan deposits.
5. All IRA/Keogh Plan time deposits regardless of sice, type of instrument in which held, or interest rate paid.
6. Retail repurchase agreements are in denominations of less than $100,000 with maturities of less than 90 days
that arise from the transfer of direct obligations of, or obligations fully-guaranteed as to principal and Interest
by, the U.S. Government or an agency thereof.
.
.
7. Over the last several months the number of mutual savings banks has declined sharply largely due to the conversion of MSBs to federal savings banks. As a result month-to-month changes in the amounts outstanding in various
accounts are distorted downward.