Full text of H.6 Money Stock Measures : May 23, 1985

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

FEDERAL RESERVE statistical release
For Release at 4:30 Eastern Time

H 6 (508)
Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

RAY

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

Date

M2
M1 plus overnight RPs
and Eurodollars,
MMMF balances (gen. pur.
and broker/dealer), MMDAs,
and savings and small
time deposits2

M3
M2 plus
large time deposits,
term RPs, term Eurodollars
and institution-only
MMMF balances3

23,

1985

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors5*

Seasonally adjusted
1984—APR.
HAY
JUNE
JULY
ADG.
SEPT.
OCT.
NOV.
DEC.

539.2
542,5
547.3
546.9
548.9
551.5
548.3
553.8
558.5

2241.1
2255.2
2269.3
2280.2
2292.8
2308.4
2319.3
2346.3
2371.8

2788.0
2815.2
2839.0
2862.1
2879.1
2901.4
2925.4
2960.1
2995.1

3293.3
3326.0
3366.7
3402.7
3429.9
3459.4
3480.6
3 509.1
3544.1

5458.0
5519.7
5575.5
5635.0
5692.6
5741. 1
5796.9
5866.6
5936.6

1985—JAN.
FEB.
HAfi.
APfi. P

562.7
569.5
572.1
575.0

2398.9
2420.9
2428.6
2427.0

3020.6
3041.6
3055.7
3057.5

3568.1
3591.9
3611.4

6001.0
6062. 1
6121.5

Not seasonally adjusted
1984—APE.
HAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC.

545.6
537.3
547.9
549.9
545.0
548.5
548.2
555.9
570.4

2252.2
2251.3
2272.3
2285.7
2287.7
2298.8
2316.6
2344.4
2376.7

2798.9
2812.8
2840.5
2863.7
2875.0
2891.3
2920.9
2960.6
3002.3

3305.1
3321.8
3368.0
3403.4
3423.6
3447.9
3476.3
3509.5
3545.4

5431.8
5493.5
5552.3
5613.6
5674.1
5728.5
5786.5
5854.6
5930.2

198-—JAN.
FEB.
BAR.
APR. P

568.3
558.6
564.9
581.7

2404.2
2414.4
2426.6
2438.9

3024.4
3034.9
3057.4
3069.4

3 573.6
3590.5
3618.4

5992.5
6038.2
60 90.8

13-week average

Seasonally adjusted
4-week average

M1
For period ended

1S85-APE.

BAY.

NOTE:

week average

13-week average

Not seasonally adjusted
4-week average

week average

1
8
15
22
29

568.2
569. 1
570. 1
571. 1
572.0

572.4
573.1
574.0
574.8
574.9

57 5.0
574.0
573.7
576.4
575.5

564.4
564.0
565.0
566.5
567.9

564.7
569. 1
575.0
581.8
581.8

567.5
586. 0
588.5
585.0
567.7

6P
13 P

573.0
573.8

575.8
576.9

577.7
577.8

569.3
570.6

579.9
577.2

578.5
577.5

SPECIAL CAUTION SHOULD BE TAKEN IN IBTERPHETIHG HEEK-TO-HEEK CHANGES I I HOMEY SUPPLY DATA, lihICH A IHIGHLY VCLATILE AND SUBJECT TO REVISION.
P—INDICATES PBELIBINABY DATA.
FOOTNOTES APPEAR ON THE FOLLOWING PAGE




H.6 (508)
Table 2

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

M1

M2

M3

Debt1

3 MONTHS FROM JAN.

1 9 8 5 TO APR.

1985

8.7

4.7

4.9

12,5

6 MONTHS FROM OCT.

1 9 8 4 TO APR.

1985

9.7

9.3

9.0

13.J

1 2 MONTHS FROM APfi.

1 9 8 4 TO APfi.

1985

6.6

8.3

9.7

13.4

THIRTEEN KEEKS ENDING MAT 1 3 , 1 9 8 5
FROM THIRTEEN HEEKS ENDING:

1/

1/

3/

3/

4/
5/




FEB.

13,

1985

( 1 3 WEEKS PREVIOUS)

9.7

NOV.

12,

1984

( 2 6 IJEEKS PREVIOUS)

8.7

MAY.

14,

1984

( 5 2 WEEKS PREVIOUS)

6.6

GROWTH RATES FOR DEBT ARE BASED ON PERIODS BEGINNING AND ENDING ONE MONTH EARLIER THAN FOR 1HE MONETARY AGGREGATES,
NAMELY, DECEMBER 1984 TO MARCH 1985, SEPTEMBER 1984 TO MARCH 1985, AND MARCH 1984 TO MARCH 1985, RESPECTIVELY.
FOOTNOTES TO TABLE 1
CONSISTS OF (1) CURRENCY OUTSIDE THE TREASURY, FEDERAL RESERVE BANKS, AND THE VAULTS OF COMMERCIAL BANKS;
(2) TRAVELERS CHECKS OF NONBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHER THAN THOSE DUE TO
DOMESTIC BANKS, THE \3^S. GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS
OF COLLECTION AND FEDERAL RESERVE FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE ORDER
OF WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITORY 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 LIABILITIES.
CONSISTS OF H1 PLUS OVERNIGHT (AND CONTINUING CONTRACT) &PS ISSUED BY ALL COMMERCIAL BANKS AND OVERNIGHT EURODOLLARS
ISSUED TO U.S. RESIDENTS BY FOUEIGN BbANCHES OF U.S. BANKS WORLDWIDE, MHDAS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS— INCLUDING RETAIL BPS-IN AMOUNTS OF LESS THAN $100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BROKER/DEALER HONEY MARKET MUTUAL FUNDS. EXCLUDES IfcA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. CCMHERCIAL
BANKS, MONEY MARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AND COMMERCIAL BANKS, AND
THE U.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS.
CONSISTS OF M2 PLUS LARGE DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $100,000 OR MORE) AND TERM RP LIABILITIES ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOREIGN BRANCHES OP U.S. BANKS
WORLDWIDE AMD AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT
INSTITUTION-ONLY MONEY MARKET MUTUAL FUNDS. EXCLUDES AMOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. GOVERNMENT, HONEY
MARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS 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, SHORT-TERM TREASURY SECURITIES, 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,
STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTORS, PRIVATE DEBT CONSISTS OF CORPORATE BONDS, MORTGAGES,
CONSUMER CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPEB, EANKERS ACCEPTANCES AND OTHER DEBT
INSTRUMENTS. THE DATA ARE DERIVED FROM THE FEDERAL RESERVE BOARD'S FLOW OF FUNDS ACCOUNTS. ALL DATA CN DEBT OF DOMESTIC
NONFINANCIAL SECTORS ARE PRESENTED IN MCNTH-AVER AGE FORM, DERIVED BY AVERAGING MONTH-END LEVELS OF ADJACENT MONTHS. THE
DATA HAVE ALSO BEEN ADJUSTED TO EErtOVE STATISTICAL DISCONTINUITIES THAT MAY ABISE IN THE UNDERLYING FLOW OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS BELEASE DIFFERS, THEREFORE, FROM THE QUARTERLY FLOW OF FUNDS STATISTICS CONTAINED IN
IN THE FEDERAL HESEBVE RELEASES Z.7 AND Z.1. IN THOSE RELEASES, PUBLISHED LEVZLS OF CREDIT MARKET DEBT AbE MEASURED ON A
A ttUARTER-END BASIS AND INCLUDE DISCONTINUITIES.

H.*(5O0)

COMPONENTS OF THE MONEY STOCK
Billions of dollar*, ssasonslty ad|ust»d
Nontfanaacttons
Otfisc
chscfcabta

Cyrpsney'

Savings dapoahV
at
thrtft
institutions
tanks

cttonsMsms
Small tlms daposH*
at
Mmmsfclal

at

cnscks*

deposits'

152. 1
152.8
154.3

5.1
5.1
5.1

245.9
246.3
248.9

136. 1
138.3
139.0

1701.8
1712.8
1722.0

546.9
560.0
569.6

129.3
128.6
128.7

172.6
172.7
172. 1

301.9
301.5
300.8

tanks
361.2
366.2
371.0

450.0
456. 4
463.0

811.2
822.6
834.0

237.6
245.2
249.4

120. 1
124.6
130.1

357.7
369.8
379.5

JULT
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
1744.0
1756.9

581.9
586.2
593.0

128. 1
127.0
126. 1

171.0
169.5
168.5

299. 1
296.5
294.6

374.7
378.8
381.7

468.9
476.2
482.8

843.6
855.0
864.5

254.6
255.0
258.0

134.6
137.6
136.0

389.3
392.6
396.0

OCT.
NOV.
DEC.

157.1
157.9
158.7

5.0
5.1
5.2

244.5
246.8
248.6

141.8
143.9
146.0

1770.9
1792.5
1813.3

606. 1
613.9
623.4

124.9
123.8
122.6

167.7
166.9
166.0

292.6
290.7
288.6

383.1
364.5
387.0

489.6
494.0
498.6

872.7
878.5
865.6

263.2
263.6
264.4

141.9
147. 1
151.8

405. 1
410.7
416.2

1985-JAN.
FEB.
MAR.

159.4
160.5
161.3

5.3
5.3
5.4

249. 1
251.7
251.9

149.0
151.8
153.6

1836.2
1851.5
1856.4

621.7
620.7
627.2

121.6
121.4
120.3

166.9
168.0
168.4

288.6
289.4
288.6

384.7
382.0
382.8

497.2
495.6
495.8

881.9
877.6
878.6

262.3
264.4
269.5

154.6
154.9
154.2

416.9
419.4
423.7

161.7

5.5

252.5

155.3

1852.0

630.5

119.5

168.3

287.8

387.6

498.0

885.6

272.9

154.4

427.3

1984-APR.
MAT
JUNE

APR. P

In M i *

ommafclal

WEEK ENDING
1985
APR.

NAT

1/
2/
3/

4/

5/
6/
7/
8/
9/
10/

1
8
15
22
29

161.5
161.8
161.2
161.6
162.2

253.8
251.8
252.0
253.0
252.8

154.3
155.0
155.0
156.2
155.0

119.9
119.5
119.3
119.6
119.7

384.7
387. 1
387.1
388.2
388.1

271.6
271.2
271.9
273.6
274.9

6P
13 P

162.4
162.5

253.9
253.1

156.0
156.7

120.2
120.3

389.3
389.3

273.3
273. 1

CURRENCY OUTSIDE THE D. S. TREASORT, FEDERAL RESERVE BANKS AND VAULTS OF COHHEBCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OF VAULT CASH HELD BT THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AflOONT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSUERS. TRAVELERS CHECKS ISSUED BI DEPOSITORI
INSTITUTIONS ARE INCLUDED IN DSHAXD DEPOSITS.
DEMAND DEPOSITS AT COHHERCIAL BANKS AND FOREIGN RELATED INSTITUTIONS OTBEB THAI THOSE DOB TO DOMESTIC BANKS, THE O.S. GOVERNHENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND FEDERAL RESERVE FLOAT.
EXCLUDES THE ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BT THRIFT INSTITUTIONS TO SERVICE THEIR OCD
LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND
DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS 5EAS0NALLI ADJUSTED EQUALS THE DIFFERENCE BITHEEN THE
SEASONALLT ADJUSTED SUM OF DEMAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEMAND DEPOSITS. INCLUDED ARE ALL CEILING
FREE "SUPER NO«S,« AUTHORIZED BT THE DEPOSITORT INSTITUTIONS DEREGULATION COMMITTEE TO EE OFFERED BEGINNING JANUARI 5,
1983.
SUM OF OVERNIGHT RPS AND OVERNIGHT EURODOLLARS, MONET MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER)*
HHDAS, AND SAVINGS AID SMALL TIME DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DEMAND DEPOSITS AND VAULT CASH HELD BT THRIFT INSTITUTIONS TO SERVICE THEIH TIME AND SAVINGS DEPOSITS LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM RPS AND TERM EURODOLLARS OF U.S. RESIDENTS, MONET MARKET FUND BALANCES (INSTITUTIONONLT), LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HEXD BI
INSTITUTION-ONLT MONET MARKET FUNDS.
SAVINGS DEPOSITS EXCLUDE HflDAS.
SHALL DENOMINATION TIMF DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROM SMALL
TIME DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BT MONET MARKET MUTUAL FUNDS,
DEPOSITORT INSTITUTIONS AND FOREIGN 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 acceptances3
securities 1

commercial paper3

Debt components 4
federal debt
|
non-federal debt

1984-HAB.

72.1

243.4

44.0

142.9

1224.6

4173.7

APfi.
MAY
JUNE

72.5
72.7
73.0

242.0
241.5
251.6

44.7
46.5
47.7

146.1
152.0
155.5

1236.8
1251.9
1261.3

4221.3
4267.8
4314.2

JULY
AUG.
SEPT.

73.1
73.3
73.6

259.9
269.2
280.4

48.2
47.8
46. 0

159.4
160.5
157.2

1277.9
1299.0
1311.1

4357. 1
4393.6
4430.0

OCT.
NOV.
DEC.

73.7
73,9
74.1

279.9
275.0
271.8

44. a
42.5
41.3

156.7
157.6
161.8

1325.2
1347.2
1367. 1

4471.7
4519.6
4569.6

74.4
74.9
75.3

272.7
268.2
266.9

40.8
42.5
44.3

159.6
164.8
169.1

13€5.5
1402.2
1414.4

4615.5
4660.0

1985-JAN.
PEB.
BAB. P

1/

savings bonds

j

4707.1

CONSISTS OP U.S. TfiEASUBT BILLS AND COUPONS WITH REMAINING HATUBIT1ES OP LESS THAN 12 MONTHS HELD BY CTHEB THAN DEPOSITOR!
INSTITUTIONS, FEDEBAL BESERVE BANKS, MONET BASKET MUTUAL PUNDS AND POBEIGN ENTITIES.
NET OP CANKERS ACCEPTANCES HELD BI ACCEPTING BANKS, FEDBfiAL BESEBVE BANKS, POBEIGN OFFICIAL INSTITUTIONS, THE PEDEBAL
HOHE LOAN BANK SYSTEM AND MONEY BASKET MUTUAL PUNDS.
TOTAL CONMEBCIAL PAPER LESS COHHERCIAL PAPER HELD BY HONEY MARKET MUT0AL FUNDS.
DEBT DATA ABE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVEBAGING END-OP-HONTH LEVELS OP ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO BEHOVE DISCONTINUITIES.




H 6 (508)
Table 5

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

Date

Currency 1

Travelers
checks 2

Demand
deposits 3

at commercial
banks 4

at thrift
institutions 5

Nontransactions components
total

in M 2 '

in M3 only 7

Overnight
RPs8

Overnight
Eurodollars'

General
purpose and
broker/dealer
money market
funds

JUNE

151.6
1?>2. 9
15 U. 9

a.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

JULY
AUG.
SEPT.

15 6 . 3
15 6 . 5
15 6.5

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
1750.3

578.0
587.3
592.5

42.7
45.0
44.1

13.6
13.5
12.6

150.5
150.6
152. 1

OCT.
NOV.
DEC.

15 6 . 7
15 8.7
16 0 . 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
147.2

1768.4
1788.5
1806.3

604.4
616.2
625.5

44.7
47.9
45.2

12.1
10.1
12.4

155.6
162.0
167.5

1985-JAN.
FEE.
BAR.

15 8 . 3
15 8 . 6
15 9 . 8

4.9
5.0
5.1

254.9
244.9
246.3

108.3
107,8
109.9

41.8
42.3
43.8

150. 1
150.1
153.6

1835.9
1855.8
1863.9

620.2
620.5
628.6

48.7
56.3
55.7

14.2
13.3
11.6

171.9
175.0
177.4

1b 1.2

5.2

255.1

114. 1

46.0

160. 1

1857.2

630.5

47.4

11.3

176.1

1984-APF.
BAY

APB. P
WFEK ENDING:
1985-APR.

HAT

1/

2/
3/

5/
6/
7/
6/
9/

1
8
15
22
29

15 9 . 3
16 2 . 5
1b 1.6
16 0.9
16 0 . 1

249.0
256.7
258.8
256.6
247.7

109.9
114.8
116. 1
116. 1
110.2

44.2
46.8
46.8
46.2
44.4

154.1
161.6
163.0
162.3
154.6

53.5
42*4
47.5
49.4
49.7

12.5
8.0
10.6
13.5
12.6

176.9
177,5
177.6
176.2
173.5

6 P
13 P

16 2.7
16 3.4

252.9
251.8

111.2
110.9

46.5
46.0

157.6
156.9

46.2
48.1

12.6
11.0

171.6
171.9

CURRENCY OUTSIDE THE O.S. TREASURY, FEDERAL RESERVE BANKS AND THE VA0LTS OP COBBERCIAL BANKS. EICL0DES THE ESTIMATED
ABOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING ABOUNT OF U. S. DOLLAR-DENOHINATED TRAVELERS CHECKS OF NONBANK ISSUERS. TRAVELERS CHECKS ISSUED BI DEPOSlTOai
INSTITUTIONS ARE INCLUDED IN DEHAND DEPOSITS.
DEMAND DEPOSITS AT COBBFRCIAL BANKS OTHER THAN TBOSE DUE TO DOHESTIC BASIS, THE O.S. GOVEHNHENT AHD FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEBS IN THE PROCESS OF COLLECTION AND F.8. FLOAT, LESS THE ESTIflATIO ABOUNT OF DEBA1D
DEPOSITS HELD AT COBBERCIAL BANKS BI THRIFT INSTITUTIONS TO SERVICE THBIB OCD LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT COHBERCIAL BANKS, U.S. BLANCHES AND AGENCIES OF FOREIGN BANKS, AID EDGE ACT
CORPORATIONS. INCLUDES SUPER NOWS OF S38.4 BILLION IN THE WEEK ENDED APfilL 29, $38.6 BILLION II THE «1BK ENDED BAY
6, AND $38.6 BILLION IN THE «EEK ENDED BAY 13.
CONSISTS OF NOi AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AID HOTOAL SAVINGS BANKS, CREDIT ONION SHARE
DRAFT BALANCES, AND DEBAND DEPOSITS AT THRIFTS. INCLUDES SUPER NOUS OF $15.5 BILLION II THE WEEK EIDED APRIL 29, $16.1
BILLION IN TUE WEEK ENDED BAY 6r AND $15.9 BILLION IN THE WEEK ENDED HAY 13.
SUB OF OVERNIGHT RPS AND EURODOLLARS, BONEY BARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), BHDAS AND SAVINGS
AND SMALL TIBE DEPOSITS LESS THJB ESTIHATED AMOUNT OF DEBAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE
THEIR TIHE AND SAVINGS DEPOSIT LIABILITIES.
SUB OF LARGE TIBE DEPOSITS, TERB FPS AND EURODOLLARS OF U.S. RESIDENTS. HONEY MARKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTBENT THAT REPRESENTS THE ESTIHATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY
BONEY BAPKET BUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COBBERCIAL BANKS TO OTHER THAN DEPOSITOBY INSTITUTIONS AND
flONEY MARKET MUTUAL FUNDS (GENEPAL PURPOSE AND BROKEH/DEALER).
ISSUED DY FOREIGN BRANCHES Of U.S. BANKS WORLDWIDE TO O.S. PESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AID
NON'Y flAPKET MUTUAL FUNDS (GENERAL POPPOSE AND BROKEF/DEALEfc).




H.6 (508)
Table 5-continued

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

Date

Money market deposit accounts
at
at
thrift
commercial
total
banks
institutions

at
commercial
banks

Savings deposits1
at
thrift
institutions

total

Small denomination time deposits2
at
at
thrift
total
commercial
banks
institutions

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

1984-APB.
HAY
JUNE

246.3
245.3
245.9

154. 1
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

35 8.0
36 2.0
36 7.1

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^ 3
143. 8

394.2
388.9
388.6

129.3
126.8
125.2

173.3
168.9
167.4

302.6
295.7
292.6

37 2.7
379.9
38 4.0

466.6
475.9
483.4

639.3
655.8
867.4

253.5
256.4
259.3

134.6
138.7
138.6

388.0
395.1
397.9

OCT.
NOV.
DEC.

248.2
257.1
267. 1

143. 9
145. 4
147.9

392.0
402.4
415.1

124.3
122.7
121.4

167.4
166. 1
164.9

291.7
288.8
286.3

386.2
38 7.1
387.6

493.2
497.4
499.4

879.4
884.5
887.0

264.0
263.6
265.9

143.1
147.6
151.1

407.1
411.2
416.9

FEB.
BAR.

280.4
289.3
294.0

153. 2
159.0
163. 9

433.7
448.4
457.9

121.1
120.4
120.6

165.8
166.5
168.2

286.9
286.9
288.8

386.3
384.1
38 3.7

502.0
499.5
496.2

888.4
883.6
880.0

263.1
263.9
269.8

154.1
154.9
153.3

417.1
418.8
423.1

APB. P

295.9

164. 4

460.3

120.9

169.3

290.1

383.9

495.8

879.6

270.3

153.4

423.8

1965-JAN.

SEEK ENDING
1985
APR.

BAY

1/
2/
3/
4/

1
8
15
22
29

295.3
297.2
297.4
295.2
293.9

121.0
121.6
121.0
120.5
120.4

38 4.3
38 3.4
38 3.1
384.4
38 4.4

271.9
270.9
269.7
269.7
270.9

6 P
13 P

294.6
296.7

121.2
121.7

38 4.7
364.8

269.6
270.0

SAVINGS DEPOSITS EXCLUDE PlfiDAS.
SMALL DENOMINATION TIME DEPOSITS — INCLUDING RETAIL RPS — ARE THOSE ISSUED IN AflOUNTS OF LESS THAN $100,000. AIL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROB SHALL
TIMS DEPUS115.
LAPCiE DENOMINATION TIHE DEPOSITS ARE THOSE ISSUED IN AHOUNTS OF $100,000 OR HORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (I BFS) .
LAKGE nrNPIINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY BONET BARKKT MUTUAL FUNDS, DEPOSITORY
JN3TIIMTI f'^s M P ^ - " M C N « » W AND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 5-contfnued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted
Term RPs1

Date

Institution
only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars1

Savings
bonds

Noti M3 Components Of L
Short-term
Bankers
treasury
acceptances4
securities1

Components of Debt
Commercial
p«P«f*

Federal debt

Non-Federal*
debt

JOKE

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. S
89.5

72.3
72.6
72.8

2 «*. 1
238.8
249. 1

43.4
45.7
47.2

146.4
152.1
158.3

1235.9
1248.7
1255.8

4195.9
4244.8
4296.6

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
?67.9
277.5

47.5
47.7
47.2

161.2
159.8
158.4

1270.8
1295.8
1310.5

4342.8
4378.4
4418.0

OCT.
NO?.
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
82.2
83.3

73.8
74.0
74.4

278.2
272.3
269.1

45.1
43.3
42.8

156.3
159.4
156.9

V323.Q
1343.0
1364.7

4463.5
4511.6
4565.5

1985-JAN.
FEB.
MAR.

65.0
62.2
59.5

29.9
31.2
32.7

35.1
34.5
35.9

65.0
65.7
68.6

81. 2
82.0
85.8

74.6
74.9
75.3

275.2
273,9
275.3

42.0
42.7
43.3

157.3
164.2
167.1

1383.1
1397.4
1412.0

4609.4
4640.8
4678.8

59.6

35.2

37.4

72.5

81.7

1
6
15
22
29

59.9
58.4
57.8
59.2
62.6

33.3
40.3
35.5
31.6
34.0

6 P
13 P

60.9
62.7

31.7
32.1

1984-APR.
HAT

APR. P
WEEK ENDING:
1985-APR.

HAY

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

TERM BPS ARE THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE DAY, EXCLUDING CCHTINUING CONTRACTS AND RETAIL RPS. INCLUDES
A RELATIVELY SMALL AHOONT OF OVERNIGHT RPS AT THRIFT INSTITUTIONS.
TEPN EURODOLLARS ARE THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE DAY. CONSISTS OF THOSE ISSUED TO O. S. RESIDENTS BY
FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE AND BY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THOSE HELD
BY DEPOSITOPY INSTITUTIONS AND HONEY MARKET MUTUAL FUNDS.
CONSISTS OF U.S. TREASURY BILLS AND COUPONS BITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY OTHEB THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, HONEY MARKET MUTUAL FUNDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN HANK SYSTEM AND MONEY MARKET P1HTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPEH HELD BY HONEY MARKET MUTUAL FUNDS.
DERI DATA AHE ON A MONTHLY AVERAGE BASIS* DERIVED BY AVERAGING END-OF-MONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.




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

U.S. government deposits
demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

note balances
at commercial
banks
and thrift
institutions

total demand
deposits and
note and
FR balances

IRA and Keogh Accounts
time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

8.3
8.7
8.6

1.9
2. 1
2.0

6.0
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

JULT
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.
NOT.
DEC.

8.5
8.8
8.6

1.8
2.1
2.0

9.2
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
6.9

105.7
107.3
109.7

1985-JAS.
FEB.
HAB.

8.5
8.3
7.5

1.9
2. 1
1.8

9.2
8.9
8.7

3.7
3.1
3.6

4.0
4.3
3.8

14.9
12.7
9.2

22.5
20. 1
16.6

1.1
1.1
1.0

45.3
47.0
48.8

61.4
63. 1
65.4

7.4
7.8e
8.1e

114.0
118.Oe
122.4e

7.6

1.9

8.5

3.9

6.6

11.5

21.9

1.0

53.5

69. 1e

8.7e

131.2©

1
8
15
22
29

7.5
8.3
7.7
7.3
7.1

1.9
1.8
2.0
1.8
1.9

8.7
8.6
8.5
8.6
8.5

2.7
3.2
4. 4
4.1
3.7

3.3
a.4
3.3
4.5
13.5

11.0
5.6
1.4
17.0
20.4

17.1
13.2
9. 1
25.7
37.7

1.0
1.0
1.0
0.9
1.0

6 P
13 P

7.9
8. 1

2.3
2.1

8.5
8.4

4.6
2.5

15.7
8.0

21.6
21,9

42.1
32.4

1.0
1.0

1984-APR.
HAY
JUNE

APR. p
WEEK
1985
APB.

HAT

EWDUG:

e = estimated