Full text of H.6 Money Stock Measures : November 25, 1994

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

FEDERAL RESERVE statistical release
H.6 (508)
Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES6

For release at 4:30 p.m. Eastern Time

Billions of dollars
Date

NOVEMBER25,1994

M11

M22

M33

L4

DEBT5

Seasonally adjusted
1992-NOV.
DEC.

1016.6
1024.8

3510.5
3509.0

4194.1
4183.1

5065.4
5057.2

11648.3
11699.1

1993-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1033.0
1035.4
1040.2
1047.1
1067.7
107%. 6
1086.8
1095.3
1105.1
1113.4
1122.4
1128.4

3502.8
3494.2
3494.8
3498.0
3521.9
3528.7
3533.7
3536.1
3544.4
3548.1
3560.4
3568.0

4162.7
4156.7
4155.7
4163.3
4188.9
4189.1
4188.4
4188.4
4197.7
4205.4
4219.1
4232.1

5040.3
5036.3
5037.6
5055.7
5089.5
5090.8
5087.6
5096.5
5089.7
5100.4
5113.9
5134.5

11734.2
11767.8
11820.8
11884.2
11945.7
12001.5
12056.7
12115.0
12167.9
12203.7
12257.7
12325.6

1994-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.

1133.5
1138.5
1142.3
1141.1
1142.8
1146.3
1153.1
1151.1
1152.0
1148.6

3573.2
3569.4
3583.5
3592.2
3596.3
3589.3
3603.7
3597.9
3596.7
3593.4

4236.6
4210.6
4219.6
4230.1
4229.2
4229.2
4250.7
4243.8
4249.1
4261.5

5154.8
5143.7
5144.6
5164.9
5165.7
5157.4
5188.4
5180.4
5172.0 p

12369.8
12419.8
12488.4
12545.8
12598.7
12635.0
12660.7
12722.6
12779.3 p

Not seasonally adjusted
1992-NOV.
DEC.

1022.4
1046.7

3517.4
3527 . 6

4203.6
4198.3

5083.6
5087.7

11638.6
11701.9

1993-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.
NOV.
DEC.

1041.0
1023.0
1031.6
1058.7
1058.1
1073.2
1084.6
1088.8
1099.1
1129.6
1153.8

3508.3
3484.2
3495.8
3515.2
3507.3
3524.4
3530.0
3529.1
3534.0
3546.1
3569.1
3590.6

4163.3
4150.1
4158.4
4178.5
4179.9
4185.4
4181.4
4185.2
4186.9
4199.9
4230.7
4251.5

5054.0
5030.9
5043.7
5065.1
5067.5
5080.3
5073.0
5086.3
5077.6
5092.8
5135.1
5169.4

11719.9
11729.8
11777.5
11829.1
11880.8
11956.3
12013.6
12066.8
12127.9
12167.1
12236.1
12321.3

1994-JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEP.
OCT.

1142.8
1124.6
1131.9
1153.1
1132.8
1142.5
1151.0
1144.1
1146.1
1147.5

3579.8
3557.3
3581.9
3609.6
3581.6
3585.2
3600.0
3590.2
3586.2
3591.7

4237.4
4201.4
4219.6
4245.8
4220.2
4225.8
4243.7
4239.9
4238.4
4256.1

5169.1
5135.4
5148.5
5174.1
5142.5
5147.0
5173.7
5169.7
5159.9 p

12364.7
12393.9
12447.4
12486.7
12529.2
12588.4
12620.4
12674.4
12735.6 p

1111.8

Footnotes appear on the following page
p

preliminary




Page 2
H.6 (508)
Table 2

MONEY STOCK AND DEBT MEASURES
M1

M2

M3

DEBT1

3 M o n t h s f r o m JULY 1994 t o OCT. 1994

-1.6

-1.1

1.0

4.6

6 M o n t h s f r o m APR. 1994 TO OCT. 1994

1.3

0.1

1.5

4.7

12 M o n t h s f r o m OCT. 1 9 9 3 TO OCT. 1994

3.2

1.3

1.3

5.0

T h i r t e e n w e e k s e n d i n g NOVEMBER 1 4 , 1994
f r o m t h i r t e e n weeks e n d i n g :
AUG. 1 5 , 1 9 9 4 ( 1 3 w e e k s p r e v i o u s )

0.4

—0.3

1.5

16,

1994

(26 w e e k s p r e v i o u s )

1.4

0.5

1.6

NOV. 1 5 ,

1993

(52 w e e k s p r e v i o u s )

3.6

1.3

1.3

MAY

and September 1993 to September 1994, respectively.
Footnotes to Table 1:

4 ssa

levels of credit market debt are measured on a quarter-end basis and contain discontinuities.




™°< - >—» —<««-• - - ™»»—

Page 3
H 6(508)
Table 3

MONEY STOCK MEASURES
Billions of dollars
Seasonally adjusted
M3

M2

M1
Period ending

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

1994-AUG. 22
29

1149.4
1150.2

1151.5
1150.4

1153.3
1153.5

3597.0
3597.2

3600.0
3597.7

3602.0
3599.4

4240.3
4241.5

4245.9
4243.6

4249.5
4246.8

SEP.

5
12
19
26

1150.9
1151.4
1151.4
1151.9

1152.2
1153.2
1152.4
1152.6

1154.5
1151.5
1150.2
1154.2

3597.6
3598.2
3598.7
3599.4

3598.9
3598.7
3597.0
3596.9

3596.2
3597.2
3595.1
3599.0

4242.6
4243.7
4245.1
4247.2

4245.1
4246.8
4246.3
4248.3

4243.3
4247.4
4247.8
4254.7

OCT.

3
10
17
24
31

1152.3
1152.2
1151.9
1151.3
1150.3

1151.7
1150.9
1150.5
1149.3
1147.7

1150.8
1148.4
1148.4
1149.6
1144.4

3599.4
3598.9
3598.5
3597.4
3595.6

3596.7
3595.6
3596.0
3595.0
3592.3

3595.4
3592.9
3596.6
3594.9
3584.8

4248.3
4249.4
4250.3
4250.7
4251.3

4250.2
4252.8
4256.3
4258.9
4262.0

4251.0
4257.7
4261.6
4265.3
4263.3

NOV.

7p
14p

1150.0
1149.7

1146.6
1145.3

1143.8
1143.3

3595.3
3594.5

3590.9
3588.7

3587.4
3587.7

4253
4255

4263.8
4264.8

4265.0
4265.4

Not seasonally adjusted
1994-AUG. 22
29

1145.6
1146.1

1147.5
1143.6

1138.2
1127.8

3592.4
3592.3

3595.7
3590.6

3586.7
3568.8

4236.4
4236.9

4244.6
4240.5

4237.1
4222.1

SEP.

5
12
19
26

1146.2
1146.8
1147.2
1147.5

1144.1
1146.3
1148.7
1147.8

1158.6
1160.7
1147.7
1124.1

3591.6
3592.1
3592.5
3592.8

3589.3
3590.5
3590.5
3587.8

3597.8
3608.6
3586.6
3558.3

4236.8
4237.6
4239.1
4240.7

4239.0
4241.4
4242.3
4240.1

4244.8
4261.6
4240.5
4213.4

OCT.

3
10
17
24
31

1146.5
1145.8
1146.3
1146.4
1145.7

1143.8
1143.4
1145.9
1148.5
1146.5

1142.7
1159.0
1157.9
1134.5
1134.5

3591.3
3590.4
3590.7
3590.6
3589.2

3583.8
3583.6
3589.0
3593.6
3591.1

3581.5
3608.0
3608.0
3576.8
3571.7

4240.4
4241.2
4242.7
4244.1
4244.7

4236.2
4237.9
4244.9
4253.3
4257.4

4229.4
4268.4
4268.4
4246.9
4246.0

NOV.

7p
14p

1145.9
1146.5

1146.6
1147.0

1159.5
1159.6

3589.5
3589.8

3590.7
3590.8

3606.1
3608.7

4247.1
4250.1

4260.8
4266.3

4282.0
4290.2

Note: S p e c i a l caution should b e t a k e n in interpreting w e e k - t o - w e e k c h a n g e s in m o n e y supply data, which are highly volatile and subject to revision,
p

preliminary data.




Page 4
H.6(508)
Table 4

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Nontransactions components

Other checkable deposits
Currency1

Travelers checks 2

Demand deposits3

1993-JUNE

307.2

8.0

JULY
AUG.
SEP.

309.7
312.4
315.4

OCT.
NOV.
DEC.

Date

At commercial

At thrift

Total

In M26

In M3 only7

362.2

292.4

106.8

399.2

2452.1

660.4

7.9
7.8
7.8

366.4
370.9
375.4

294.8
295.9
297.8

108.0
108.3
108.8

402.8
404.2
406.6

2446.9
2440.8
2439.3

654.6
652.3
653.3

317.6
319.5
321.4

7.8
7.9
7.9

378.4
383.2
384.8

299.1
300.8
302.6

110.4
111.0
111.7

409.5
411.8
414.3

2434.7
2438.0
2439.6

657.3
658.6
664.1

1994-JAN.
FEB.
MAR.

325.2
329.2
332.4

7.9
7.9
8.0

388.3
390.3
390.0

300.4
299.2
300.0

111.6
112.0
112.0

412.0
411.2
411.9

2439.6
2430.9
2441.2

663.4
641.1
636.2

APR.
MAY
JUNE

334.8
337.6
340.3

8.1
8.1
8.1

388.9
385.8
386.5

298.3
300.8
301.3

111.0
110.5
110.1

409.3
411.2
411.4

2451.1
2453.5
2443.0

637.9
632.9
639.9

JULY
AUG.
SEP.

343.2
345.4
347.3

8.2
8.3
8.4

389.1
387.5
388.1

302.4
301.1
300.1

110.1
108.7
108.1

412.5
409.8
408.3

2450.6
2446.9
2444.7

647.0
645.9
652.5

OCT.

349.9

8.4

385.9

297.5

106.9

404.4

2444.8

668.1

346.9
348.1

8.4
8.4

387.1
389.5

301.2
299.3

106.7
108.8

407.9
408.1

2444.9
2444.9

652.7
655.6

Week endincr
1994-SEP. 19
26
OCT.

3
10
17
24
31

348.1
348.5
349.2
350.4
352.3

8.4
8.4
8.4
8.3
8.3

386.8
386.8
387.3
386.3
381.7

297.8
298.1
296.7
296.7
297.3

109.6
106.5
106.9
107.9
104.8

407.4
404.6
403.6
404.7
402.1

2444.7
2444.6
2448.1
2445.3
2440.4

655.5
664.7
665.0
670.4
678.5

NOV.

7p
14p

352.2
352.4

8.3 e
8.3 e

380.8
381.0

297.3
296.4

105.1
105.2

402.4
401.6

2443.6
2444.4

677.7
677.7

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.
. . .
;
Outstanding amount of U.S. dollar-denominated travelers c h e c k s of nonbank issuers. Travelers c h e c k s issued by depository institutions are included in demand deposits.
Demand deposits at commercial banks and foreign-related institutions other than those due to depository institutions, the U.S. government and foreign banks ana otticial
institutions, l e s s c a s h items in the process of collection and Federal Reserve float.
4. Consists of NOW and ATS balances at commercial banks, U.S. branches and a g e n c i e s of foreign banks, and Edge Act corporations.
.
5. Consists of NOW and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts.
6. Sum of overnight RPs and Eurodollars, money market fund balances (general purpose and broker/dealer), savings deposits (including money market deposit accounts)
and small time deposits. This sum is seasonally adjusted a s a whole.
.
, x ,
*u
. ,
. ,
ddo
7. Sum of large time deposits, term RPs and Eurodollars of U.S. residents, money market fund balances (institution-only), l e s s the estimated amount of overnight H r s ana
Eurodollars held by institution-only money market mutual funds. This sum is seasonally adjusted a s a whole.

p
preliminary
e
estimated

1.
2.
3.

Page 5

H.6 (508)
Table 4 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Savings deposits1
Date

commercial
banks
771.0

At
. thrift
institutions
429 .4

JULY
AUG.
SEP.

771.7
775.4
778.0

OCT.
NOV.
DEC.

p

Large-denomination time deposits3

1200 .4

At
thrift
institutions
336, .3

430 .4
430 .5
430 .4

1202, . 1
1205, .9
1208, .4

483, .0
478, .6
475, ,4

331, .5
328, ,0
324, ,6

814, .5
806, ,6
800, ,0

346.6
345.5
345.0

192.6
190.1
190.8

277.4
277.8
276.6

64, ,5
63, .9
63, .8

341.8
341.6
340.4

778.4
782.4
785.3

430, .4
429, .5
430, ,2

1208, >8
1211, ,9
1215, ,5

472, .4
469, ,5
468, ,5

322, ,5
321, ,2
317, ,2

795, ,0
790, ,7
785, ,7

344.4
347.0
348.8

194.3
194.8
197.0

277.9
275.9
277.1

63, .7
63, ,5
61, ,8

341.6
339.4
339.0

1994-JAN.
FEB.
MAR.

790.1
791.1
790.2

430..2
429, ,8
431, .7

1220, .3
1220, ,9
1221, .9

465, ,5
463, .9
462, ,6

314, ,1
310, 6
308, 6

779, ,5
774, ,5
771, 2

347.8
343.7
348.4

192.7
176.9
177.4

279.7
274.7
271.1

62, , 1
61, ,8
61, , 1

341.8
336.5
332.2

APR.
MAY
JUNE

788.2
784.2
779.2

432, ,5
431, ,7
428, .0

1220, ,7
1215, ,9
1207, ,2

461, .6
464, ,0
466, ,6

307, ,0
305, ,1
303, 8

768, ,6
769, ,1
770. ,4

361.5
365.1
359.3

177.0
169.3
169.5

270.6
274.9
274.9

61, ,5
60, , 1
60, ,4

332.1
335.0
335.3

JULY
AUG.
SEP.

777.8
776.0
773.7

424, ,7
418, ,7
412. ,9

1202, ,5
1194, ,8
1186, ,5

468, ,8
474, .8
479, ,7

303. 8
303. 0
303. 6

772. 6
777. 7
783. 3

363.5
362.9
362.3

170.9
169.3
167.9

276.5
279.8
284.8

61, 2
60. ,9
62, 1

337.7
340.7
346.9

OCT.

765.9

407, ,4

1173, 4

486, 6

306. 9

793. 5

365.0

175.3

291.8

63. 3

355.0

773.6
772.0

412. 7
412. 2

1186. ,3
1184. 2

479. 9
481. 5

303. 6
303. 6

783. 5
785. 1

364.1
363.0

168.0
169.0

284.5
288 . 1

62. 0
62. 7

346.5
350.8

482.
484.
486.
487.
489.

304.
305.
306.
308.
309.

786.
789.
792.
795.
798.

2
4
8
8
5

363.5
365.3
365.1
364.6
365.8

176.2
175.8
177.1
172.4
175.6

284.9
289.6
291.2
294.4
295.4

62 . 9
62. 6
63. 2
63. 4
63 . 9

347.8
352.3
354.4
357.8
359.3

801. 6
804. 6

366.6
368.1

177.1
182.4

296.7
297.9

63. 5
63. 6

360.3
361.4

Week e j t f i n q
1994-SEP. 19
26

3.
4.

General
purpose and
Institutionbroker/
only money
dealer
market funds
money
market funds
347.5
194.7

At
commercial
banks
487 .5

1993-JUNE

1.
2.

Small-denomination time deposits2
Total

OCT.

3
10
17
24
31

768.5
768.2
767.3
765.3
761.6

410. 8
408. 2
407. 6
407. 2
405. 2

1179.
1176.
1174.
1172.
1166.

NOV.

7p
14p

760.3
760.2

401. 4
399. 8

1161. 7
1160. 0

2
4
9
5
8

2
4
2
9
2

491. 9
493. 1

0
0
6
0
3

309. 6
311. 5

Total
823, ,9

At
commercial
banks4
280.9

At
thnft
institutions
64, .4

Total
345.3

Savings deposits include money market deposit accounts.
Small-denomination time deposits—including retail RPs—are those issued in amounts of l e s s than $100,000. All IRA and Keogh account b a l a n c e s at commercial banks
and thrifts are subtracted from small time deposits.
Large-denomination time deposits are those issued in amounts of $ 1 0 0 , 0 0 0 or more, excluding those booked at international banking facilities.
Large-denomination time deposits at commercial banks less those held by money market mutual funds, depository institutions, U.S. government, and foreign banks and
official institutions.
preliminary




Page 6
H.6 (508)
Table 4 - continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, seasonally adjusted
Debtcomponents4

Non-M3 Components of L

Date
1993-JUNE

165.9

Short-term Treasury
securities1
346.5

JULY
AUG.
SEP.

167 . 1
168.2
169.2

344.3
343.8
328.0

17.4
16.5
16.4

370 .4
379.5
378 .4

3227.3
3248.5
3267.5

8829.4
8866.4
8900.4

OCT.
NOV.
DEC.

170.1
170.8
171.7

323 ,7
324.6
329.3

16.4
15.3
14.6

384.7
384.1
386.8

3269.4
3294.6
3327.4

8934.3
8963.1
8998.1

1994-JAN.
FEB.
MAR.

172.7
173.4
174.1

339.0
341.5
345.6

14.9
15.3
15.7

391.6
403 .0
389 .6

3337.8
3354.5
3379.5

9031.9
9065.3
9108.9

APR.
MAY
JUNE

174.8
175.7
176.6

361.0
358.3
348.5

14.1
11.4
10.5

384.9
391.0
392 .6

3390.6
3402.5
3416.3

9155.2
9196.2
9218.7

JULY
AUG.
SEP. p

177.5
178.4
179.0

356.7
359.9
341.0

10.7
11.2
11.9

392 .7
387 .0
391.0

3419.3
3436.6
3454.0

9241.4
9286.0
9325.4

Savings bonds

Commercial paper3

Federal debt

Non-Federal debt

Bankers acceptances 2
18.5

370 .9

3210.2

8791.3

2.
3.
4.

Consists of U.S. Treasury bills and coupons with remaining maturities of less than 12 months held by other than depository institutions, Federal Reserve Banks, money
market mutual funds, and foreign entities.
, .
. ,,
,
Net of bankers acceptances held by accepting banks, Federal Reserve Banks, foreign official institutions, Federal Home Loan Banks, and money market mutual funds.
Total commercial paper l e s s commercial paper held by money market mutual funds.
. . . .
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities.

p

preliminary

1.




Page 7
H.6 (508)
Table 5

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Currency1

Date

1.
2.
3.

Travelers
checks 2

Demand
deposits3

8.2

Nontransactions components

Other checkable deposits

359.6

At commercial
banks4
290.6

At thrift
institutions5
107.5

398.0

2451.2

Total

In M26

Overnight

Overnight
Eurodollars6

661.0

64.8

13.7

In M3 only7

1993-JUNE

307 .4

JULY
AUG.
SEP.

311.0
312.8
314.8

365,
367,
373 ,

290.9
292 . 1
295.0

108.5
107.7
108.0

399.3
399.7
403.0

2445.3
2440.3
2434.9

651.4
656.1
652.9

67.7
67.5
70.7

13.5
14.7
14.9

OCT.
NOV.
DEC.

317.3
319.8
324.9

7.6

381,
391,
402 .

295
299
306

109.8
111.4
112.4

405.3
410.9
418.6

2434.3
2439.5
2436.8

653 . 8
661.5
660.9

72.3
73 .2
74.5

17.2
17.4
17.8

1994-JAN.
FEB.
MAR.

324.0
327.3
330.7

7.7
7.7
7.8

393 . 1
380.6
380.6

306.8
299.6
301.6

111.2
109.5
111.3

417.9
409.1
412.9

2437.1
2432.7
2450.0

657.6
644.0
637.7

77.2
76.6
80.1

18.0
16.9
18.4

APR.
MAY
JUNE

334.4
337.4
340.6

390.2
378.8
383 .4

306.3
298.1
299.4

114.3
110.7
110.7

420.6
408.7
410.1

2456.5
2448.9
2442.7

636.2
638.6
640.6

80.3
80.8
82.9

16.7
19.3
21.5

JULY
AUG.
SEP.

344.9
345.7
347.1

8.8
8.9
8.8

388.4
384.2
385.7

298.3
297 . 1
297.3

110.6
108.0
107.3

408.9
405.2
404.6

2449,
2446,
2440,

643.7
649.6
652.2

84.0
85.9
87 .6

25.4
25.1
24.9

OCT.

349.6

8.5

389.0

294.0

106.4

400.4

2444.3

664.4

88.9

27.3

Week e n d i n g
1994-SEP. 19
26

346.5
345.8

8.8
8.8

386.4
376.1

298.9
290.0

107.1
103.4

406.0
393.4

2438.9
2434.2

653.9
655.1

86.4
87.9

24.0
25.0

OCT.

3
10
17
24
31

346.7
351.1
349.6
349.2
349.0

8.7
8.6
8.5
8.4
8.3

388.8
392.0
396.9
381.5
383.4

292
298,
295,
291,
289,

106.5
109.0
107.3
104.1
103.9

398,
407,
402,
395,
393.8

2438.8
2448.9
2450.1
2442.4
2437.3

647.9
660.5
660.4
670.1
674.2

90.1
89.2
89.6
89.2
87.0

27.9
27.1
28.5
27.0
26.1

NOV.

7p
14p

353.3
353.4

8.3
8.2

390.0
394.1

299.3
297.1

108.6
106.8

408,
403,

2446
2449,

675.9
681.5

88.7
88.3

26.2
25.3

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.
Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers c h e c k s issued by depository institutions are included in demand deposits.
Demand deposits at commercial banks and foreign-related institutions other than those due to depository institutions, the U.S. government and foreign banks and official
institutions, less c a s h items in the process of collection and Federal Reserve float.
4. Consists of NOW and ATS balances at commercial banks, U.S. branches and a g e n c i e s of foreign banks, and Edge Act corporations.
5. Consists of NOW and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts.
6. Sum of overnight RPs and Eurodollars, money market fund balances (general purpose and broker/dealer), savings deposits (including money market deposit accounts) and small time
deposits.
7. Sum of large time deposits, term RPs and Eurodollars of U.S. residents, money market fund balances (institution-only), l e s s the estimated amount of overnight RPs and
Eurodollars held by institution-only money market mutual funds.
8. Consists of overnight and continuing contract RPs issued by all depository institutions to other than depository institutions and money market mutual funds (general purpose and
broker/dealer).

9. Issued by foreign branches of U.S. banks worldwide to U.S. residents other than depository institutions and money market mutual funds (general purpose and broker/dealer).


Page 8
H.6 (508)
Table 5-continued

COMPONENTS OF MONEY STOCK, LIQUID ASSETS, AND DEBT
Billions of dollars, not seasonally adjusted
Small-denomination time deposits2

Savings deposits1
Date

1.
2.
3.
4.
p

General
purpose and
Institutionbroker/
only money
dealer
market funds
money
market funds

Large-denomination time deposits3
commercial
banks4

At
thrift
institutions

Total

1 9 1 , ,0

282. 8

64.8

347.6

343.0
343.0
340.8

1 8 8 , .6
1 9 0 ,, 1
1 8 7 ,, 5

277. 1
279, 5
277. 6

64.4
64.3
64.0

341.5
343.8
341.6

796.4
789.6
784.1

340.7
345.0
347.2

1 8 9 ,. 2
1 9 4 ,• 0
1 9 5 >8

2 7 7 , ,6
2 7 6 , .2
2 7 6 , ,0

63.7
63.6
61.6

341.3
339.8
337.6

314.1
310.4
308.3

779.7
774.2
770.4

348.1
349.4
357.4

196.2
186.1
180.5

276.7
273.0
270.9

61.4
61.4
61.1

338.1
334.4
332.0

461.1
463.0
466.2

306,
304,
303,

767.9
767.4
769.8

367.2
364.5
357 . 1

176.2
171.0
166.3

269.9
277.3
276.8

61.3

60.6
60.8

331.2
337.8
337.6

1205,
1195,
1184,

469.8
475.8
481.1

304,
303,
304.4

774,
779,
785,

360.0
360.2
357.5

167.4
169.5
165.1

276.2
285.9

61.1
61.3
62.3

337.3
343 * 0
348.2

407.1

1172.3

487.5

307 . 5

794.9

360.9

170.5

291.5

63.2

354.7

At
commercial
banks

At
thrift
institutions

Total

1204,,5

487.1

336.0

823.0

345.2

431.4
430.8
429.7

1 2 0 5 , .0
1206,.9
1 2 0 6 , .4

483.9
479.6
476.7

332.2
328.7
325.4

816.1
808.3
802.1

777.7
784.0
783.9

430.0
430.4
429.4

1 2 0 7 .7
1214 . 4
1213 . 2

473.3
468.8
467.6

323.1
320.8
316.5

1994-JAN.
FEB.
MAR.

786.1
787.7
791.3

428.0
427.9
432.3

1214.1
1215.6
1223.6

465.6
463.8
462.1

APR.
MAY
JUNE

790.6
784.8
781.9

433.8
432.1
429.5

1224,
1216,
1211,

JULY
AUG.
SEP.

779.6
776.6
772.4

425.7
419.0
412.2

OCT.

765.2

commercial
banks

At
thrift
institutions

-JUNE

773.6

430.9

JULY
AUG.
SEP.

773.6
776.0
776.7

OCT.
NOV.
DEC.

Total

281.6

1994-SEP.

19
26

772,. 2
7 6 6 , .8

412 ,.0
4 0 9 , ,5

1184.2
1176.3

481,,1
4 8 2 , ,6

3 0 4 , ,3
304,. 4

785.4
787 .0

3 5 9 , ,0
358,,1

165.7
164.8

2 8 5 , .7
2 8 7 , .2

62.3
62.5

347.9
349.6

OCT.

3
10
17
24
31

765,• 3
7 6 9 , .9
7 6 8 , .2
762,. 8
7 5 9 .7

4 0 9 , .0
4 0 9 , .2
4 0 8 , ,0
4 0 5 , .9
4 0 4 , .2

1174.3
1179.1
1176.3
1168.6
1163.9

4 8 4 , ,1
4 8 6 , .4
4 8 7 , ,3
4 8 8 , .2
4 8 9 , ,0

3 0 5 , .2
3 0 6 ,.3
307 .2
308 .2
309 .2

789.3
792.7
794.5
796.4
798.2

3 5 7 ,, 1
3 6 0 , ,8
3 6 1 ,. 2
3 6 1 ,, 1
3 6 2 ,. 1

166.7
169.3
170.5
171.2
172.7

2 8 4 , .2
290,. 4
2 9 0 .7
293 .6
295 .0

62.8
62.8
63.1
63.3
63.8

347.0
353.3
353.8
356.9
358.9

NOV.

7p
14p

764 .5
764 .5

4 0 3 .6
402 . 1

1168.1
1166.5

4 9 1 , .6
492,,5

309 . 5
311 .1

801.1
803.6

3 6 2 ,. 6
3 6 5 ,. 4

174.8
180.1

296 .7
298 .4

63.5
63.7

360.2
362.0

Savings deposits include money market deposit accounts.
Small-denomination time deposits—including retail RPs—are those issued in amounts of less than $100,000. All IRA and Keogh account balances 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 by money market mutual funds, depository institutions, U.S. government, and foreign
banks and official institutions.
preliminary




Page 9
H.6 (508)
Table 5-continued

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

At thrift
institutions

Total

Term
Eurodollars2

Savings bonds

1993-JUNE

70 .2

23 .9

94.1

45.5

166.1

JULY
AUG.
SEP.

72 .7
72 .0
71.2

25 .0
25.6
26 .0

97.8
97.6
97.3

41.9
44.1
45.2

167.0
167.8
168.7

OCT.
NOV.
DEC.

70 . 5
69.7
70 .8

25 .4
25 .9
26 .0

96.0
95.6
96.8

45.0
48.9
47.0

1994-JAN.
FEB.
MAR.

66 . 3
64 . 1
66 .9

26 .6
27 .4
27 . 2

92.9
91.5
94.1

APR.
MAY
JUNE

70 . 3
68 .0
70 . 3

27 .6
29 .0
30 .5

JULY
AUG.
SEP,

70 . 5
68 .2
69 . 3

OCT.

Date

Week e&<U&g
1994-SEP. 19
26

1.
2.
3.
4.
5.
6.

Debt components6

Non-M3 Components of L
Short-term
Treasury
secunties 3
340.7

Bankers
acceptances 4

Commercial
paper6

Federal debt

Non-Federal
debt

18.5

369.5

3188.9

8767.4

339.9
342.4
326.0

17.4
16.3
15.9

367.3
374.6
380.2

3201.8
3229.4
3251.9

8811.8
8837.4
8876.0

169.6
170.6
171.4

321.8
332.5
342.0

16.3
15.7
15.3

385.2
385.6
389.3

3249.4
3287.0
3329.5

8917.7
8949.1
8991.8

46.0
48.1
47.2

172.6
173.7
174.6

344.6
342.9
349.4

15.6
15.5
15.2

398.9
402.0
389.7

3333.0
3345.4
3374.4

9031.7
9048.6
9072.9

97.9
96.9
100.8

47.5
48.6
50.9

175.4
176.2
176.9

351.8
349.8
342.9

13.7
11.3
10.5

387.3
385.0
390.9

3376.8
3379.7
3394.5

9109.9
9149.5
9193.9

31 .9
32 .2
32.2

102.4
100.4
101.5

51.7
51.7
52.2

177.4
177.9
178.4 p

352.4
358.8
338.5 p

10.7
11.0
11.6 p

389.5
382.0
393.0 p

3393.9
3418.4
3438.4 p

9226.5
9256.0
9297.2 p

68 . 4

33 .0

101.4

53.0

69 .9
70 . 5

32.4
32 .4

102.3
102.9

52.5
52.6

OCT.

3
10
17
24
31

66 . 8
67 .2
66.4
70 . 8
69 .9

32 .3
33 .0
33.3
33.4
32 .8

99.0
100.2
99.7
104.2
102.8

50.3
52.3
51.9
53.2
55.5

NOV.

7p
14p

68 .9
66 .7

33.4
34 .3

102.3
101.0

54.7
54.9

Term RPs are those with original maturities greater than o n e day, excluding continuing contracts and retail RPs.
Term Eurodollars are t h o s e with original maturities greater than o n e day. Consists of those issued to U.S. residents by foreign branches of U.S. banks world-wide and by
all banking offices in the United Kingdom and Canada. Excludes those 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 other than depository institutions, Federal Reserve Banks, money
market mutual funds, and foreign entities.
Net of bankers a c c e p t a n c e s held by accepting banks, Federal Reserve Banks, foreign official institutions, Federal Home Loan Banks, and money market mutual funds.
Total commercial paper l e s s commercial paper held by money market mutual funds.
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities.

p
preliminary



Page 10
H.6 (508)
Table 6

MEMORANDUM ITEMS

Billions of dollars, not seasonally adjusted

Foreign
commercial
banks

Foreign
official
institutions

Time and
savings
deposits
due to
foreign
banks and
official

1993-JUNE

8.2

1.6

JULY
AUG.
SEP.

8.5
8.1
8.5

OCT.
NOV.
DEC.

Demand deposits
at banks due to

Demand
deposits at
commercial
banks

Balance
at
Federal
Reserve

Note
balances at
depository
institutions

11.5

5.4

8. 1

21. 1

1.7
1.6
1.5

11.5
11.2
10.8

4.2
3.8
5.5

6. 9
5. 7
9. 3

8.3
8.2
9.2

1.6
1.8
1.6

10.7
10.8
10.9

4.5
4.0
5.2

1994-JAN.
FEB.
MAR.

8.6
8.4
8.1

1.6
1.5
1.6

11.3
11.9
12.5

APR.
MAY
JUNE

8.6
8.1
8.2

1.5
1.5
1.5

JULY
AUG.
SEP.

8.3
7.8
8.2

OCT.

Date

e
p

IRA and Keogh Accounts

U.S. government deposits
Total
cash
balance

Time and

.institutions
«

SS,
funds

dlposl?s S at
°bants

commercial
banks

34.6

3.0

146. 5

118.5

46.7

311.7

21. 4
20. 0
23. 2

32.5
29.5
37.9

2.8
3.1
2.8

146. 4
146. 1
145. 8

118.0
117.4
116.9

47.3
47.4
47.5

311.7
310.9
310.2

5. 9
5. 6
6. 7

12. 6
8. 8
16. 2

23.1
18.4
28.1

2.6
2.7
2.6

145, 2
144, ,6
144, ,2

116.1
115.3
114.6

48.1
49.1
49.8

309.4
309.0
308.6

5.7
4.2
4.3

7. 3
6. 3
5. 2

25. 2
27. 9
15. 7

38.3
38.4
25.1

2.1
2.6
2.4

143, ,9
143, ,6
142, ,6

114.2 e
114.1 e
114.0 e

50.1 e
50.7 e
51.5 e

308.3 e
308.3 e
308.2 e

12.9
13.0
13.1

7.1
4.2
5.3

5. 6
5. 9
5,,9

20. 8
24. 3
18. ,4

33.5
34.4
29.6

2.1
3.1
2.9

142, . 2
142 .2
142 . 3

114.0 e
114.0 e
113.8 e

52.6 e
53.3 e
53.8 e

308.9 e
309.5 e
310.0 e

1.5
1.5
1.5

13.2
13.2
13.2

4.8
3.9
5.8

5 ,,4
5,, 1
6,,0

11. ,3
10. , 1
16, ,9

21.5
19.0
28.8

2.7
2.9
2.5

142 . 6
142 . 6
142 .7

113.8 e
113.8 e
113.7 e

54.5 e
55.1 e
55.8 e

310.9 e
311.6 e
312.1 e

8.1

1.6

13.2

4.3

5,.6

12, , 1

22.0

2.2

142 . 9

113.7 e

56.4 e

313.0 e

Week e n d i n g
1 9 9 4 - S E P . 19
26

7.9
8.3

1.4
1.5

13.2
13.2

10.6
4.2

5 .8
7 .4

19 .9
29 .2

36.3
40.8

2.4
2.4

OCT.

3
10
17
24
31

8.4
7.9
8.5
7.7
8.0

1.6
1.6
1.7
1.4
1.6

13.2
13.2
13.2
13.2
13.2

4.7
3.5
5.4
3.6
4.0

6 .4
5 .7
4 .9
5 .1
6 .2

24 . 4
4 .1
5 .1
16 . 6
17 . 5

35.5
13.4
15.4
25.3
27.7

2.4
2.1
2.2
2.2
2.1

NOV.

7p
14p

1.6
1.5

13.2
13.3

4.1
3.7

5 .5
5 .3

15 . 1
10 . 4

24.8
19.4

2.2
2.0

estimated
preliminary




C

Total