Full text of H.6 Money Stock Measures : May 9, 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

N.6 (506)
Table 1

BIT

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

9,

1985

Billions 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

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors5

Seasonally adjusted

19841—BAR.
APE.
BAT
JUNE
JOLT
AOG.
SEPT.
OCT.
HOY.
DEC.

537.3
539.2
542.5
547.3
546.9
548.9
551.5
548.3
553.8
558.5

2229.1
2241.1
2255.2
2269.3
2280.2
2292.8
2308.3
2318.7
2345.6
2371.3

2765.4
2788.0
2815.2
2839.0
2862.1
2879.1
2901.4
2925.3
2960.0
2995.2

3267.8
3293.3
3328.0
3366.7
3402.7
3429.9
3459.4
3480.5
3509.0
3544.2

5398.4
5458.0
5519.7
5575.5
5635.0
5692.5
5741.0
5796.9
5866.9
5936.6

1985—JAN.
FEB.
BAB.

562.7
569.3
572.0

2398.8
2420.8
2429.1

3020. 9
3041.9
3056. 0

3568.4

6000.8
6062.5

Not seasonaMy adjusted

1984—BAB.
APE.
BAT
JOHE
JOLT
AUG.
SEPT.
OCT.
MOV.
DEC.

530.4
545.6
53-7.3
547.9
549.9
545.0
548.5
548.2
555.9
570.4

2228.5
2252. 2
2251.3
2272.3
2285.7
2287.7
2298.7
2316.0
2343.8
2376.3

2766.4
2798.9
2812.8
2840.5
2863.7
2875.0
2891.3
2920.9
2960.5
3002.4

3273.9
3305.1
3321.8
3368.0
3403.4
3423.6
3447.9
3476.2
3509.5
3545.5

5374.2
5431.8
5493.5
5552.3
5613.6
5674.1
5728.5
5786.5
5854.6
5930.2

1985—JAN.
FEB.
BAB.

568.2
558.5
564.8

2404.1
2414.3
2429.4

3024.6
3035.2
3057.7

3573.9

5992.3
6038.6

M1
For period ended

1985-BAB.

4
11
18
25

564.0
565.2
566.2
567. 1

570.5
571.4
571.6
571.7

572.7
570.9
570. 1
572.9

566.3
566.4
56$. 1
565. 1

559.1
560.9
562.4
563.6

563.9
568.3
564.4
557.9

1
8
15
22 P
29 P

568.0
568.9
570.0
570.9
571.8

572.2
572.9
573.8
574.6
574.7

574.8
573.8
573.5
576.1
575.2

564.3
563.9
564.9
566.3
567.7

564.5
568.9
574.9
581.6
561.6

567. 4
585.9
59P. 3
584.7
567.3

APR.

NOTE:

Not seasonally adjusted
4-week average

13-week average

Seasonally adjusted
4-week average

week average

13-week average

week average

SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING KEEK-TO-WEEK CHANGES IN BONET SOPPLT DATA, WHICH ARF
HIGHLT VOLATILE AND SUBJECT TO REVISION.
P—INDICATES PRELIBINABT 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

3 HOHTHS FBOH DEC.

M2

M3

Debt1

198% TO HAB. 1985

9.7

9.8

8.1

13.3

6 HONTHS FBOK SEPT. 1984 TO HAB. 1985

7.4

10.5

10.7

13.0

6.5

9.0

10.5

13.5

12 MONTHS FBOH MAR.

1984 TO BAB. 1985

THIBTEEN KEEKS ENDING APB. 29, 1985
FBOH THIBTBBH WEEKS ENDING:

1/

1/

2/

3/

4/
5/




JAN.

28, 1985 (13 WEEKS PREVIOUS)

10.0

OCT.

29, 1984 (26 WEEKS PREVIOUS)

8.1

APB.

30, 1984 (52 WEEKS PREVIOUS)

6.5

GROWTH BATES FOB DEBT ABE BASED ON PBBIODS BEGINNING AND ENDING ONE HONTH BAfiLIEB THAN FOB THE HONBTABY AGGREGATES,
HAMELI, NOVEHBBB 1984 TO FEBBOABI 1965, AUGUST 1984 TO FEBBUABY 1985, AND FEBBUABY 1984 TO FEBRUARY 1985, RESPECTIVELY.
FOOTNOTES TO TABLE 1
CONSISTS OF (1) CUBBENCY ODTSIDE THE TBEASUBY, FEDERAL BESEHVE BAHKS, AND THE VAULTS OF COMMERCIAL BANKS;
(2) TBAVBLEBS CHECKS OF NONBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COMMEfiCIAL BANKS OTHER THAN THOSE DOE TO
DOHESTIC BANKS, THE U.S. GOfEBNHENT, AND FOB2IGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEHS IN THE PBOCESS
OF COLLECTION AMD FBDEBAL BESEBVE FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLB OBDEB
OF WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER SEBVICB (ATS) ACCOUNTS AT DEPOSITOBI INSTITUTIONS,
CBEDIT OMION SHARK DRAFT ACCOUNTS AND DEHAND DEPOSITS AT THBIFT INSTITUTIONS. THE CUBBSNCT AND DEHAND
DEPOSIT COHPONENTS EXCLUDE THE ESTIHATED AMOUNT OF VAULT CASH AND DEHAND DEPOSITS, BESPBCTIfELI, HELD BT
THBIFT INSTITUTIONS TO SEBVICE THEIR OCD LIABILITIES.
CONSISTS OF M1 PLUS OVERNIGHT (AND CONTINUING CONTRACT) BPS ISSUED BY ALL COMMERCIAL BANKS AND OTE8NIGHT EURODOLLARS
ISSUED TO U.S. RESIDENTS BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE, HHOAS, SAflNGS AND SHALL DENOMINATION
TIHE DEPOSITS (TIHE DEPOSITS--INCLUDING BETAIL BPS—IN AHOUNTS OF LESS TBAN $100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENEBAL PURPOSE AND BfiOKEB/DEALEB HONEY HABKET HUTUAL FUNDS. EXCLUDES IBA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND HONEY BASKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. CCHHEBCIAL
BANKS, HONEY MARKET FUNDS {GENEBAL PUBPOSB AND BBOKEH/DEALEH), FOREIGN GOVEBNHENTS AND COHHEBCIAL BANKS, AND
THE U.S. GOVEBNHENI. ALSO SUBTBACTED IS A CONSOLIDATION ADJUSTHBNT THAT REPRESENTS THE ESTIMATED AHOUNT
OF DBHAMD DEPOSITS AND VAULT CASH HELD BY THBIFT INSTITUTIONS TO SERVICE THEIR TIHE AND SAVINGS DEPOSITS.
CONSISTS OP H2 PLUS LABGE DBNOHINATION TIHE DEPOSITS (IN AHOUNTS OF $100,000 OB HOBB) AND TEBH BP LIABILITIES ISSUED
BY COHSERCIAL BANKS AND TfifilFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOREIGN BRANCHES OF U.S. BANKS
WORLDWIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT
INSTITUTIOM-OSLY HONEY HABKET HUTUAL FUNDS. EXCLUDES AHOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. GOfEBNHENT, HONEY
MARKET FUNDS, AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTBACTED IS A CONSOLIDATION ADJUSTMENT THAT BEPBESENTS
THE ESTIHATED AMOUNT OF OVERNIGHT BPS AND EURODOLLARS HELD BY INSTITUTION-ONLY HONEY MARKET HUTUAL FUNDS.
CONSISTS OF «3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHOBT-TEBH TBEASUBY SECURITIES, COMMERCIAL
PAPEB AND BANKERS ACCEPTANCES, NET OF HONEY HABKET HUTUAL FUND HOLDINGS OF THESE ASSETS.
DEBT OF DOHSSTIC SOMFIMANCXAL SECTOBS CONSISTS OF OUTSTANDING CREDIT HABKET DEBT OF THE UNITED STATES GOVEBNHENT,
STATE AND LOCAL GOVERNMENTS AND PBIVATE NONFINANCIAL SECTOBS. PBIVATE DEBT CONSISTS OF CORPORATE BONDS, MORTGAGES,
CONSUHEB CBEDIT (INCLUDING BANK LOANS), OTHEB BANK LOANS, COMMERCIAL PAPEB, BANKEBS ACCEPTANCES AND OTHEB DEBT
INSTRUMENTS. THE DATA ABE DEBIVED FBOH THE FEDEBAL BESEBVE BOARD*S FLOW OF FUNDS ACCOUNTS. ALL DATA ON DEBT OF DOHESTIC
HOHFINASCIAL SECTOBS ABE PRESENTED IN HONTH-AVER AGE FOBH, DERIVED BY AVERAGING MONTH-END LEVELS OF ADJACENT MONTHS, THE
DATA HAVE ALSO BK2S ADJUSTED TO BEMOVE STATISTICAL DISCONTINUITIES THAT HAY ABISE IN THE UNDEBLYING FLOW OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFERS, THEBEFOBE, FBOH THE QUARTERLY FLOW OF FUNDS STATISTICS CONTAINED IN
IN THE FSDSBAL RESERVE BELEASES 2.7 AND Z.I. IN THOSE RELEASES, PUBLISHED LEVELS OF CBEDIT HABKET DEBT ABB HEASUBED ON A
A QUARTER-END BASIS AND INCLUDE DISCONTINUITIES.

H 6 (506)

COMPONENTS OF THE MONEY STOCK
BMMons ©f doHscs* sossonslty ad|ustod

Oats

Cunvncy1

Tvawsisnj
chscks*

Dorosnd
doposits9

Othsr
chscksMa
osoothV

ooroponsnts
In MS
tots*

»
!

*

t«dnfl»«spW
at
II Will

1

151.2

5.0

245.5

135. 6

APR.
MAY
JURE

152.1
152.8
154.3

5.1
5.1
5.1

245.9
246.3
248.9

136.1

138.3
139.0

JULY
AUG.
SEPT.

155.0
155.9
156.8

5.2
5.2
5.1

247.3
246.8
247.5

OCT.
ROV.
DEC.

157.1
15,7.9
158.7

5.0
5.1
5.2

1985-JAR.
FEB.
MAR.

159.4
160.5
161.3

5.3
5.3
5.4

at

total

at
total
1

banks

banks

1984-HAR.

Lsf|M tiros dsposKs"

SroaN tiros dsposHs"

at

at
thrift

total

banks *

536.4 ! T 3 0 . T

172. 0

302.9

756.5

(14^.7

BU2. J

1701.8
1712.8
1722.0

546.9
129.3
560.0 ! 128.8
128.7
569.6

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
369.8
379.5

139.4
141.0
142.2

1733.3
1744.0
1756.8

581.9
586.2
593.1

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
482.7

843.6
855.0
864.4

254.6
255.0
258.0

134.6
137.6
138.1

389.3
392.6
396.1

244.5
246.8
248.6

141.8
143.9
146.0

1770.3
1791.9
1812.9

606.7
614.4
623.9

124.9
123.8
122.6

167.7
166.9
166.0

292.6
290.7
288.6

383. 1
384.5
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

249.1
251.7
251.9

148.9
151.7
153.4

1836.1
1851.5
1857.1

622.1
621.0
626.9

121.6
121.4
120.3

167.0
168.2
16 8.7

288.7
289.6
288.9

384.7
382.0
382.8

496.8
495.2
495.7

881.5
877.2
878.5

262.3
264.4
269.4

155.0
155.3
154.1

417.3
419.7
423.5

252.7
251.7
250.7
252.3

153.2
152.8
153.0
153.9

j**.

120.1

REEK ERDIRG
1985
HAH.

APR.

1/

2/
3/

4/

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

4
11
18
25

161.4
161.1
161.1
161.3

1
161.5
8
161.8
15
161.3
22 P
161.6
29 P
162.2
CURRENCY OUTSIDE THE U.S •

121.0
120.5
120.3
120.0

381.6
381.9
382.3
383.4

266.5
267.7
269.5
270.5

253.7
271.4
154.2
384.7
119.9
251.7
271.0
154.9
387.1
119.4
252.0
154.8
387.1
271.7
119.3
253.0
156.0
388.2
119.6
273.4
252.7
388.1
154.8
119.6
274.6
TREASORI, FEDERAL RESERVE BANKS ARD VAULTS OF COMMERCIAL BARKS . EXCLB )ES THE ESTIMATE)
AHOURT OF VAULT CASH HELD BY THRIFT IRSTITOTIORS TO SERVICE THEIR OCO LIABILITIES.
OUTSTARDIRG AHOORT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF RORBARK ISSUERS. TRAVELERS CHECKS ISSUED BY DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEHARD DEPOSITS.
DEBARD DEPOSITS AT COHHERCIAL BANKS AND FOREIGN RELATED IRSTITUTIORS OTHER THAR THOSE DOE TO DOMESTIC BANKS, THE U.S. GOVERNBENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IR THE PROCESS OF COLLECTION ARD FEDERAL RESERVE FLOAT.
EXCLUDBS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COHHERCIAL BARKS BX THRIFT IRSTITUTIORS TO SERVICE THEIR OCD
LIABILITIES.
CONSISTS OF NO! AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS, CREDIT URION SHARE DRAFT BALANCES AHD
DEHAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASORALLX ADJUSTED EQUALS THE DIFFEBBRCE BETHE1R THE
SEASONALLY ADJUSTED SUM OF DEHAND DEPOSITS PLUS OCD ARD SEASORALLX ADJUSTED DEHARD DEPOSITS. IRCLUDED ABE ALL CEILING
FREE "SUPER NOUS,* AUTHORIZED BY THE DEPOSITORY IRSTITOTIORS DEREGULATION COHBITTEE TO BE OFFERED BEGINNING JANUABI 5,
1983.
SOB OF OVERNIGHT RPS AND OVERNIGHT EURODOLLARS, HOREY BARKBT FUND BALANCES (GERERAL PURPOSE ARD BROKER/DEALBR),
HHDAS, AND SAVINGS AND SHALL TIME DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DEHAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME ARD SAVINGS DEPOSITS LIABILITIES.
SUB OF LARGE TINE DEPOSITS, TERM RPS AND TERH EURODOLLARS OF U.S. RBSIDIHTS, HOREY HARKBT FUHD fiALARCES (IHSTITUTIORONLY), LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE BSTIHATED ABCORT OF OVERNIGHT RPS AND EURODOLLARS HELD BY
INSTITUTION-ONLY HONEY MARKET FUNDS.
SAVINGS DEPOSITS EXCLUDE HHDAS.
SHALL DENOMINATION TI«E DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AHOONTS OF LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IBA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROM SHALL
TIME DEPOSITS.
LARGE DENOBINATION TIME DEPOSITS ABE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOMINATION TIBE DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY HONEY MARKET MUTUAL FUNDS,
DEPOSITORY INSTITUTIONS AND FOREIGN BANKS AND pFFICIAL INSTITUTIONS.




/

H.6 (506)
Table 4

COMPONENTS OF LIQUID ASSETS AND DEBT
Billion* of dollars, seasonally adjust**

Oats

savings bonds

Non-M3 components of L
short-term treasury
bankers acceptances2
sscuritiss1

commercial paper*

Debt components4
federal debt
non-federal debt

1984-FEB.
HA*.

71.8
72.1

233.2
243.4

42.9
44.0

138. 1
142.9

1214.5
1224.6

4128.9
4173.7

APH.
HAT
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.e3
4267.8
4314.2

JOLI
AUG.
SEPT.

73.1
73.3
73.6

259.9
269.2
280.4

48.2
47.8
46.8

159.4
160.5
157.2

1277.9
1299.0
1311.1

4357. 1
4393.5
4430.0

OCT.
HOf.
PBC

73.7
73.9
74.1

279.9
275.0
271.8

44.8
42.5
41.3

156.7
157.6
161.8

1325.2
1347.2
1367.1

4471.7
4519.6
4569.6

190S-JAI.
FIB*

74.4

272.7

40.8

159.6

1385.5
1402.2

4615.3
4660.3

17

COIISISTS OF O.$. TBBASOBY BILLS AMD COUPONS HITfl BEHAINIHG HATUBITIES OF LESS THAR 12 HOITBS HELD BI OTHEB THAI DEPOSITOBT
IHSTITOTIOMS, FEDEBAL BESEBfE BANKS, HONEY HABKET HOTOAL FUNDS AND FOBEI6H ENTITIES.
NET OF BAHKEBS ACCEPTANCES HELD BI ACCEPTING BANKS, PEDBBAL BESEBfE BANKS, FOBBIGN OFFICIAL INSTITUTIONS, THE FEDEBAL
HOHE LOAN BANK SYSTEM AND HONEY HABKET BOTOAL FUNDS.
3/ TOTAL COHHEBCIAL PAPEB LESS COHHEBCIAL PAPEB HELD BY HONEY HABKET HOTOAL PONDS.
4/ JDEBT DATA ABB ON A HONTHLY AVEBAGB BASIS, DEBIYED BY AfEBAGING END-OF-HONTH LEVELS OF ADJACBNT HONTHS, AID HATE BEEN
ADJUSTED TO BEHOVE DISCONTINUITIES.
2/




H.6 (508)
Table 5

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

1

Currency

Travelers
checks2

Demand
deposits3

at commercial
banks4

at thrift
institutions*

Nontransactions components
total

In M2*

7

in M3 only

Overnight
RPs8

Overnight
Eurodollars'

General
purpose and
broker/dealer
money market
funds

1984-HAR.

149.9

4.8

240.1

100.3

35.4

135.7

1698.1

537.9

45.3

11.3

144.8

APfi.
HAT
JUNE

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
1750.2

578.0
587.3
592.6

42.7
45.0
44.1

13.6
13.5
12.6

150.5
150.6
152. 1

OCT.
NO?.
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
147.2

1767.7
1787.9
1805.9

604.9
616.7
626.1

44.7
47.9
45.2

12.1
10.1
12.4

155.6
162.0
167.7

1985-JAN.
FBB.
MAR.

158.3
158.6
159.8

4.9
5.0
5.1

254.9
244.9
246.3

108.3
107.7
109.9

41.8
42.3
43.7

150.1
150.0
153.5

1835.8
1855.8
1864*6

620.6
620.8
628.3

48.7
56.3
55.7

14.2
13.3
11.9

172.2
175.4
177.9

1EEK ENDING j
1985-HAR.

APR.

1/

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

4
11
18
25

159.0
160.4
159.8
159.2

246.7
248.0
246.6
241.9

109.6
110.7
109.6
108.7

43.4
44.1
43.4
43.0

153.0
154.7
152.9
151.7

59.7
57.0
55.3
54.5

12.7
10.0
11.6
12.6

177.0
178.2
177.8
178.4

1
8
15
22 P
29 P

159.3
162.5
161.6
160.9
160.1

248.9
256.7
258.8
256.5
247.6

109.9
114.8
116.1
116.0
110. 1

44.1
46.7
46.7
46.1
44.2

154.0
161.5
162.7
162.1
154.3

53.4
42.4
47.5
49.4
49.7

13.0
8.5
11.1
14.0
13.1

177.4
178.1
178.4
177.0
174.3

CURRENCY OOTSIDE THE O.S. TREASORT, FEDERAL RESERTE BARKS AND THE TAOLTS OF COMMERCIAL BANKS.

EXCLUDES THE ESTIHATED
AMOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SER?ICE THEIR OCD LIABILITIES.
OUTSTANDING AHOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF SONBAMK ISSUERS. TRAVELERS CHECKS ISSUED BT DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
,
<
DEHAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN tfHOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.B. FLOAT, LESS THE ESTIMATED AHOUNT OF DEHAND
DEPOSITS HELD AT COMMERCIAL BANKS BI THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF NOH AND ATS BALANCES AT COMMERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOREIGN BARKS, AND EDGE ACT
CORPORATIONS, INCLUDES SUPER NOUS OF $39.9 BILLION IN THE IEEK ENDED APRIL 15, $40.1 BILLION IN THE SEEK ENDBD APRIL
22, AND $38.4 BILLION IN THE KEEK ENDED APRIL 29.
CONSISTS OF NOB AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE
DRAFT BALANCES, AND DEHAND DEPOSITS AT THRIFTS. INCLUDES SUPER IOWS OF $16.1 BILLION IN THE MEEK ENDED APRIL 15, $15.9
BILLION IN THE MEEK ENDED APRIL 22, AND $15.4 BILLION IN THE WEEK ENDED APRIL 29.
SUM OF OVERNIGHT RPS AND EURODOLLARS, HONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), HMDAS AND SAVINGS
AND SHALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BI THRIFT INSTITUTIONS TO SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM RPS AND EURODOLLARS OF U.S. RESIDENTS, MONET MARKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY
HONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
HONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PUPFOSF AND BROKER/DEALER) .




H.6(508)
Table 5-contlnued

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

Date

Money market deposit accounts
at
at
total
thrift
commercial
institutions
banks

<Savings depositsT
at
commercial
banks

at
thrift
institutions

total

Small denomination time deposits 1
at
at
total
commercial
thrift
banks
institutions

_,

Urge denomination time deposits 9
at
at
commercial
thrift
total
4
banks
Institutions

1984-HAfi.

243.4

153.4

396.9

130.4

172.6

303.0

357.6

446.3

803.9

234.8

115.2

349.9

APR.
JUME

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

JOLT
AOG.
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

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.
MOT.
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
387.1
387.6

492.6
496.8
498.8

878.7
883.9
886.4

264.0
263.6
265.9

143.6
148.1
151.6

407.6
411.7
417.5

1985-JAI.
FEB.
BAR.

280.4
289.3
294.0

153.2
158.9
163.8

433.6
448.2
457.7

121.1
120.4
120.6

165.8
166.7
168.5

286.9
287.1
289.1

386.3
3 84.1
383.7

501.6
499.1
496.1

887.9
883.2
879.8

263.0
263.9
269.7

154.5
155.3
153.2

417.5
419.2
422.9

HAY

WEEK SIDING
1985
SAR.

APR.

1/
2/
3/
4/




4
11
18
25

292.6
293.5
293.9
294.1

120.3
120.6
120.5
120.5

383.4
383.4
383.5
383.9

266.6
268.3
269.2
271.3

1
8
15
22 P
29 P

295.2
297.2
297.3
295.1
293.8

121.0
121.6
120.9
120.4
120.3

384.2
383.4
383. 1
384.4
384.4

271.8
270.7
269.5
269.5
270.6

SATIMGS DEPOSITS EXCLUDE HF1DAS.
SHALL DENORINATIOH TINE DEPOSITS — INCLUDING RETAIL RPS ~ ARE THOSE ISSUED IN AHODNTS OF LESS THAI $100,000. ALL
IRDITIDUAL PETIREHEHT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COHHERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROH SHALL
TIME DEPOSITS.
LARGE DENOHINATION TIHE DEPOSITS ARE THOSE ISSUED IN AflOUNTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TIHE DEPOSITS AT COflHERCIAL BANKS LESS THOSE HELD BT HONEY MARKET HUTUAL FUNDS, DEPOSITORY
INSTITUTIONS AND POREIGN 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
TermRPs'
Date

Institution
only money
market funds

at commercial
banks

at thrift
Institutions

total
Eurodollars*

Savings
bonds

Nor»M3Co mponentsof L
Short-term
treasury
Bankers
acceptances4
securities*

Components of Debt
Commercial
paper*

Federal debt'

Non-Federal*
debt

45.0

31.9

21.6

53.5

93.2

72.1

251.2

43.0

141.2

1223.6

4150.6

APR.
HAT
JURE

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
1248.7
1255.8

4195.9
4244.8
4296.6

JOLT
AUG.
SEPT.

46.1
46.2
46.9

28.1
30.7
31.3

31.6
33.4
35.4

60. Q
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

4342.8
4378.4
4418.0

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
82.2
83.3

73.8
74.0
74.4

278.2
272.3
269.1

45.1
43.3
42.8

158.3
159.4
156.9

1323.0
1343.0
1364.7

4463.5
4511.6
4565.5

1985-JAR.
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

275.3

42.0

157.3

1383.1
1397.4

4609.2
4641. 1

4
11
18
25

61.5
59.8
58.4
58.8

32.2
31.6
33.2
32.9

1
8
15
22 P
29 P

59.9
58.4
57.8
59.2
62.6

33.3
40.3
35.5
31.6
34.0

1984-HAR.

VEEK

SIDING:

1985-HAH.

APR.

1/

TEBH BPS ABB THOSE IITH ORIGINAL HATURITIES GREATER THAU ORE DAI, EXCLUDIRG CONTINUING CONTRACTS AND RETAIL RPS. INCLUDES
A RELATIVELY SHALL AMOUNT OF OVERNIGHT RPS AT THRIFT INSTITUTIONS.
2/ TERM EURODOLLARS ARE THOSE WITH ORIGINAL HATURITIES GREATER THAN ONE DAT. CONSISTS OF THOSE ISSUED TO U.S. RESIDENTS BT
FOREIGN BRANCHES OF U.S. BANKS iORLDHIDE AND BT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THOSE HELD
BT DEPOSITOR! INSTITUTIONS AND MONET HAFKET MUTUAL FUNDS.
3/ CONSISTS OF U.S. TREASURI BILLS AMD COUPONS WITH REMAINING HATURITIES OF LESS THAN 12 MONTHS HELD BT OTHER THAN DEPOSITOR!
INSTITUTIONS, FEDERAL RESERVE BANKS, HONFT MARKET MUTUAL FUNDS, AND FOREIGN ENTITIES.
4/ NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BARKS. FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND MONEY MARKET MUTUAL FUNDS.
5/ TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BT MONET MARKET MUTUAL FUNDS.
6/ DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BT AVERAGING END-OF-MONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEER
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
official
institutions

foreign
commercial
banks

Time and
savings
deposits
due to foreign
commercial
banks and
foreign official
institutions

U.S. government deposits
demand
deposits at
commercial
banks

balanoes at
Federal
Reserve
Banks

note balances
at commercial
banks
and thrift
institutions

IRA and Keogh 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

8.4

2.0

7.7

3.0

4.0

14.5

21.5

0.9

34.2

47.4

5.7

87.3

APR.
HAT
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

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

JOLT
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

9.2
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
6.7

105.7
107.3
109.5

1985-JAI.
FEB.
BAR.

8.5
8.3
7.5

1.9
2.1
1.8

9.2
8.9
8.7

3.7
3.2
3.6

4.0
4.3
3.8

14.9
12.7

22.5
20.1
16.6

1.1
1.1
1.0

45.3
47.0
48.8

61.4
63.2
65.7

7.0
7.4«
7.7*

113.7
117.6e
122.2e

8.0
7.6
7.2
7.6

1.9
1.8
.8
1.8

8.9
8.8
8.7
8.7

2.9
3.0
6.3
3.0

3.2
4.2
3.7
4.3

12.1

18.2
12.2
15.5
21.0

1.0
1.1
I.O
1.0

•9

8.7
8.6
8.5
8.6
8.5

2.7
3.2
4.4
4.1

3.3
4.4
3.3
4.5

17.1
13.2

3.7

13.5

1.0
1.0
1.0
0.9
1.0

1984-HAR.

8.5

9.2

WEEK EMDIHG:
1985
BAR,

4
11
18

25
APR.




1
8
15
22 P
29 P

7.5
8.3
7.7
7.3

1.8
2.0
1.8
1.9

7.1

i

estimated

5.0
5.5

13.7
11.0
5.6
U4

17.0
20.4

9.1

25.7
37.7