Full text of H.6 Money Stock Measures : November 29, 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
H.e<sw»

MONEY STOCK, LIQUID A$SETS, AND

lOYEflotn

Billion* of dollan
M1

M2
M1 plus overnight R»s
and Eurodollars,

Sum of currency,
Data
UmwB
demand deposits and
other checkable deposits1

and broker/dealer), MMDAs,
and savings and smsM
time deposits2

M3
M2pius
I
large time deposits,
term RPS, term Eurodollars
and institution-only
MMMF balances'

L

Debt

M3 nlus othar
liquid assets4

Dftbf of domestic:
nonfinancial sectors*

1984—OCT.
NOT.
DEC,

548.3
553.8
558.5

2319.3
2346.3
2371.7

2925.1
2959.9
2995.0

3473.5
3501.8
3539.4

5773.9
5tfb1.U
5927. 1

1985-^JAN.
FEB.
MAR.
APBL

562.7
569.4
572.1
574.9
581.6
591.2
595.8
605.9
611.9
611.1

2398.9
2421.0
2429.6
2427.7
2444.9
2472.9
2490.6
2514.0
2528.7
2533.3

3020.5
3041.0
3055.9
3056.6
3076.0
3102.9
3114.4
3138.2
3164.6
3174.8

3562.0
3593.4
3621.2
3623.1
3640.2
3669.0
3686.2
3723.6
3754.5

5yyj.*
604*.7
610J. 1
6ibJ.4
6226.2
6287.3
6J51.1
6412.3
646b.U

548.2
555.9
570.4

2316.6
2344.4
2376.7

2920.6
2960.4
3002.2

3469.0
3502.2
3540.9

5760.6
bdJ/.b
5*^1-0

568.3
558.6
564.9
581.6
576.2
592.2
599.1
601.5
608.6
611.0

2404.2
2414.5
2429.9
2439.6
2441.0
2476.6
2496.6
2507.3
2517.4
2530.0

3024.3
3034.3
3057.6
3068.5
3073.9
3105.6
3116.6
3133.0
3152.8
3169.3

3566.8
3589.9
3627.5
3637.3
3635.1
3672.3
3688.3
3715.7
3737.9

b9ti^.9
602b. 1
607^.o
6135.0
6198. J
62b2.4
t>32/.b"
6390.2
b447.b

13-week average

Seasonally adjusted
4-week average

HA?

JUNE
JULY
AUG.
SEPT.
OCT.

Not seasonally adjusted

1984--OCT.
NO 7 .
DEC

1985—JAN.
FEB.
NAB.
APR.
SAY

JUNE
JULY
AUG.
SEPT.
OCT.

M1

For period ended
1985-OCT.

NOT.

NOTE:

Not seasonally adjusted
week average

week average

13—week average

605.7
606.8
608.2
609.3

611.8

14
21
28

610.6
611.6
610.8

612.1
605.6
613.9
611.5

603.5
604.3
605.7
606.7

608.7
608.7
612.3
611.6

613.9
613.2
600. U

4
11 P
18 P

610. 1
610.9
611.7

610.8
612.8
613.5

612.1
613.8
616.6

607.7
608.8
610.2

610.9
61^.4
614.5

616.6
619.8
621.6

7

619. 1

SPECIAL CAUTION SHOULD BE TAKEN IN INrZKPBETING MEEK-TO-HSEK CHANGES II HOtfKI SUPPLY DATA*
HIGHLY VOLATILE AND SUBJECT TO BEVISION.
P—INDICATES PfiELININAfiY DATA.
FOOTNOTES APPEAR ON THE FOLLOWING PAGE




H.6 (508)
Table 2

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

M1

M2

M3

Debt1

3 MONTHS FROM JULY

1985 TO OCT.

1985

10.3

6.9

7.8

11.4

6 MONTHS PBOfl APR.

1985 TO OCT.

1985

12.0

8,7

7.7

11.9

12 MONTHS FROM OCT.

1984 TO OCT.

1985

11.5

9.2

8.5

13.2

THIRTEEN WEEKS ENDING NOV. 18, 1985
FBOH THIRTEEN WEEKS ENDING:

1/

1/

2/

3/

4/
5/

AUG.

19, 1985 (13 WEEKS PREVIOUS)

11.4

HAY

20, 1985 (26 WEEKS PBEVIOUS)

12.8

NOV.

19, 19b4 (52 WEEKS PBEVIOUS)

11.1

GROWTH BATES FOB DEBT ABE BISED 01 PEBIODS BEGINNING AND ENDING ONE MONTH EABLIEB THAI FOB THK MONETARY AGGREGATES,
NAMELY, JUNE 1985 TO SEPTEMBER 1985, HABCH 1985 TO SEPTEMBER 1985, AND SBPTBHBEB 1984 TO SEPTEMBER 1985, RESPECTIVELY.
FOOTNOTES TO TABLE 1
CONSISTS OP (1) CURRENCY OUTSIDE THE TREASURY, btOtMAL KiSSEHVE BANKS, AND THE VAULTS OF COMMERCIAL BANKS;
(2) TRAVELERS CHECKS OF NONBANK ISSUEKS; (3) DEMAND DEPOSITS AT ALL COHMEBCIAL BANKS OTHciH TrUN THOSli DUE TO
DOMESTIC BANKS, THE U.S. GOVERNMENT, AND FOREIGN aANKS AND OFFICIAL INSTITUTIONS LESS CASH lTfcMS IN THE PROCESS
OF COLLECTION AND FEDERAL RESERVE FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE OBDEd
OF WITHDRAWAL (NOW) AND AUTOMATIC TBANSPFK SERVICE (ATS) ACCOUNTS AT DEPOSITOBY INSTITUTIONS,
CREDIT UNION SHAME DBAFT ACCOUNTS AND DEHAND DEPOSITS AT THBIFT INSTITUTIONS. THE CURRENCY AND DEMAND
DEPOSIT COMPONENTS EXCLUDE THE ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY
THUIFT INSTITUTIONS TO SERVICE THE1B OCD LIABILITIES.
;"5*
CUNSISTS OF M1 PLUS OVERNIGHT (AND CONTINUING CONTRACT) RPS ISSUED BY ALL COMMEBCIAL BANKS AND OVERNIGHT EURODOLLARS
ISSUED TO U.S. RESIDENTS BY FOREIGN BRANCHES 0* U.S. BANKS WORLDWIDE, MMDAS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL RPS—IN AMOUNTS OF LESS THAN $100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENERAL PUBPOSE AND BtiOKEh/DKALEK MONEY MARKET MUTUAL FUNDS. EXCLUDES LtiA AND KEOGH
BALANCES AT DEPOSITOBY INSTITUTIONS AND MONEY MARKET FUNDS. ALSO EXCLUDES ALL BALANCFS dJSLD bX U.S. COMMERCIAL
BANKS, MONEY MARKET FUNDS (GENERAL PURPOSE AND BRUKEH/DiJALEH) , FOREIGN GOVEBNMENTS AND COMMERCIAL BANKS, AND
THE U.S. GOVERNMENT. ALSO SUBTBACTED 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 LABGE DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $100,000 OB MORE) AND T&«M *P LIABILITIES ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOREIGN liRANCrilS OF U.S. BANKS
WORLDWIDE AND 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 DEPOSITOBY INSTITUTIONS, THE U.S. GOVERNMENT. MONEY
MARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPBESENTS
tHE ESTIMATED AMOUNT OF OVERNIGHT BPS AND EURODOLLARS HELD BY INSTITUTION-ONLY HONEY MARKET MUTUAL FUNDS.
CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TfiEASUfiY 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 UNiTUiD STATES GOVEBNMENT,
STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAi. SECTORS. PRIVATE DEBT CONSISTS OF COfePUfcAT* BONDS, MORTGAGES,
CONSUMER CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND OTHER DEBT
INSTRUMENTS. THE DATA ARE DERIVED FROH THE FEDERAL HESEtiVB BOARD'S FLOW OF FUNDS ACCOUNTS. ALL DATA ON DEBT OF DOMESTIC
NONFINANCIAL SECTORS ABE PRESENTED IN MONTH-AVERAGE FORM, DERIVED BY AVERAGING MONTH-END LEVELS OF ADJACENT MONTHS. THE
DATA HAVE ALSO BEEN ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT HAY ABISE IN THK UHDttiLlimi FLOW OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFERS, XtiBREFORE, FROM THE UUAfiTfcRLY FLOW UF FUNDS STATISTICS CONTAINED IN
IN THE FEDERAL HRS&RV& RELEASES Z.7 AND Z.I. IN THOSE RELEASES, PUBLISHED LEVELS OF CREDIT MARKET DEBT ABE MEASURED ON A
A UUARTBR-END BASIS AND INCLUDE DISCONTINUITIES.




H.6(S08)

COMPONENTS OF TH£MOMEY STOCK
^ • W ^ ^ P P ^ P B ^ S J ^^W wP^PPrJ^kW V |

Data

^PN^S^Na^^NF^S^PP/y alPslP^sjpB^s^BBBj

Currency'
chscks»

Dsmand
dspotits'

Othsr
chsckabtt
dsposMs4

Nontransactions
oomponsnts
In MS
only*
mitt*

Savinos dspothV
st
at
total
oonnnsvctal
thrift
institutions
;
banks

Ssisctou nontransactions Mams
SmaM t i n * dsposnV
at
at
thrift
total
banks
383.1
489.6
872.7
384.b
494.0
87d.b

ddb.6

26J.2
26J.6
264.4

141.9
147.1
151.8

405.2
410.7
416.2

881.9
87 7.6
87 d . 6

262.3
264.4
269.4

154.6
154.9
154.2

416.9
419.3
423.6

bO3. 4

885.3
892.0
894.2

273.0
272.1
267.7

154.4
156. 1
156.4

427.3
428.2
424.1

bOO. 1
494. J
491.6

8dd.b
87 d . 4
874.4

265.8
267. t»
272.7

154.2
153.7
155.7

420.0
421.3
428-4

4d9.9

d/1.6

276.9

156. 1

433.0

1984-OCT.
NOV.
DEC.

157.1

157.9
158.7

5.0
5.1
5.2

244.5
24b.8
248.6

141.8
143.9
146.0

1771.0
1792.5
1813.3

124.9
123.8
o13.b
623.3 ! 122.6

167.7
166.9
1b6.0

292.6
290.7
288.6

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

133b.I

166.9
168.0
168.4.

288.6
289.4
288.6

384.7
382.0
382.8

497.2

1857.5

0^1.6
t>2i).O
62b.3

APii.
MAY
JUNE

161.7
163. 1
164.5

5.5
b.5
5.7

252.5
2b5.8
260.7

155.3
157.3
160.3

1852.7
18b3.3
1881.7

62d.9 s 119.6
O31.1 ; 1 2 0 . 4
63D.0 ; 121.9

168.3
168.9
170.2

287.8
289.3
292. 1

387.6
390.0
390.7

497.d

JUi.Y
AUli.
SJiPT.

167^1
167.9

5.9
5.9
5.9

260.9
264. 1
266.8

lbi.6
1b8.9
171.3

1894.d
1908.0
1916.8

6^3.8
624.2
6Jb.9

123.2
124.2
124.6

172.8
176.1
177.1

296.0
300.3
301.7

388.4
384.1
382.8

OCT.

168.8

5.9

264.0

172.4

1922.I

641.5

12b. 1

179.3

304.3

381.8

121.6
121.4
120.3

La*!M tkna daposMs'
at
total
thrift
1
banks *
at

387.0

495.8

WEEK KtfDING
1985
OCT.

NOV.

1/
2/
3/

0/

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




i

7
14
21
2U

168.3
168.5
169.0
169.3

266.3
260.1
265.7
263.0

171.6
171.1
173.4
173.3

125.0
125.1
125.2
125. i

382.8
381.9
381.6
381.3

2/7.0
277.5
276.3
276.0

4
11 P
18 P

169.7
169.9
169.6

263.7
262.5
265.1

172.8
175.5
176.0

125.3

380.8
381.0
381.5

279.3
2d0.9
278.9

125^4

CURRENCY OUTSIDE THE U . S . TREASURY, FEDERAL RESERVE BANKS AND VAULTS OP COHHEBCIAL BANKS. EXCLUDES THE BSTIHATED
AHOOMT OP VAULT CASH HELD BT THRIFT INSTITUTIONS TO SERVICE THEIR O C D LIABILITIES.
OUTSTANDING AflOUNT OF U . S . DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK I S S U E R S . TRAVELERS CHECKS ISSUED BT DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
DBHAND DEPOSITS AT COBHEHCIAL BANKS AND F0REI3M RELATED INSTITUTIONS OTHER THAN THOSE D U E T O DOMESTIC BAHKS, T H E U . S . GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN T H E PROCESS OF COLLECTION AMD FEDERAL RESERVE FLOAT.
EXCLUDES T H E ESTIMATED AMOUNT OP DEMAND DEPOSITS HELD A T COMMERCIAL BANKS BI THRIFT INSTITUTIONS T O SERVICE THEIR O C D
LIABILITIES.
CONSISTS O F NOW AND ATS BALANCES AT A L L DEPOSITOR! INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND
DBHAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASOHALLI ADJUSTED EQUALS T H E DIFFERENCE BET1EBN T H E
SEASONALLY ADJUSTED SUM OF DEMAND DEPOSITS PLUS O C D AND SBASONALLT ADJUSTED DEMAND DEPOSITS. INCLUDED ARE A L L CEILING
FREE "SUPER HOIS," AUTHORISED BT T H E DEPOSITORY INSTITUTIONS DEREGULATION COMMITTEE T O BE OPFERKD BEGINNING JANUARY 5 ,
1983,
SUM OF OfBENIGHT EPS AND OfBRNIGHT EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND B R O K E R / D E A L E R ) ;
HMDAS, AND SAVINGS AND SHALL TIME DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS T O SERVICE THEIR TIME AND SAVINGS DEPOSITS LIABILITIES.
SUN OF LARGE TIME DEPOSITS, TERM R P S AND TERM EURODOLLARS OF U.S. R E S I D E N T S , MONEY MARKET FUND BALANCES (INSTITUTIONO N L Y ) , LESS A CONSOLIDATION ADJUSTMENT THAT HBPBESEKTS T H E ESTIMATED AMOUNT O F OVERNIGHT R P S AND EURODOLLARS HELD BY
•INSTITUTION-ONLY MONEY MARKET FUNDS.
SAVINGS DEPOSITS EXCLUDE HHDAS.
SMALL DENOMINATION TIME D E P O S I T S — I N C L U D I N G RETAIL R P S — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $ 1 0 0 f 0 0 0 . ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KKO^H ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROM SHALL
TIME DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF 5100,000 OR MORE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY MONEY HARFET MUTUAL tUUDS,
DEPOSITOR* INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.

H.6 (506)
Table 4

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

2/
3/
4/

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

commercial paper4

Debt components^*
federal debt
non-federal debt

SEPT.

73.6

273.5

46.8

157.2

1310.5

4400.7

OCT.
NOV.
DEC.

73.7
73.9
74.1

273.1
2o8.0
2o7.2

44.8.
42.5
41.3

156.7
157.6
161.8

1325.2
1347.0
1367.3

4448.7
4503.4
4559.8

1985-JAN.
FEB.
MAR.

74.4
74.9
75.3

^bb.7
270.3
275.9

40.8
42.5
44.3

159.6
164.8
169.8

1385.0
1J99.d
1409.9

4609.0
4650.0
4693.2

APH.
MAY
JUNE

75.8
76.2
7b. 6

277. tf
276. 8
2d4.b

44.0
42.5
40.2

168.9
168.6
164.7

1424. 1
1442.9
I4i>9. >

4739.3
4783.3
4827.7

JULY
AOG.
SEPT. P

76.7
77.2
7tf. 1

284.4
265.5
287.5

39.7
40.7
40.5

171.1
182.0
183.8

1478.9
1495.8
1505.5

4872.2
4916.5
4960.5

1984

1/

savings bonds

CONSISTS OF U.S. TREASURY BILLS AMD COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MOUTHS HELD BY OTHER THAN DEPOSITORY
INSTITUTIONS, FEDERAL R B S M V E BANKS, MONEY MARKET MUTUAL FUNi)S AND FOREIGN ENTITIES.
N*T OF BANKERS ACCEPTANCES HELD BI ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SISTEH AID MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LSSS CO*«ERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY A?BRACK BASIS, DERIVKD BI AVERAGING EiD-OF-HOIIfl LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO RJSflOVS DISCONTINUITIES.




H.6 (508)
Table 5

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

Other checkable deposits
Date

1

Currency

Travelers
checks'

1984-OCT.
NOV.
DEC

156.7
158.7
160.9

5.0
4.8
4.9

1985-JAN.
FEB.
MAR.

158.3
158.6
159.8

APR.
MAY
JUNE

Demand
deposits3

at commercial
banks4

at thrift
institutions*

total

in M2*

7

in M3 only

Overnight
RPft*

Overnight
Eurodollars*

General
purpose and
broker/dealer
money market
funds

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.Q

248.9
257.4

615.9
625.4

44.7
47.9
45.2

12.1
10.1
12.4

155.6
162.0
167.5

4.9
5.0
5.1

244.9
24b. 3

108.3
107.8
109.9

41.8
42.3
43.8

150.1
150.1
153.6

1835.9
1855.9
1865.0

620.1
619.8
627.7

48*7
56.3
55.7

14.2
13.3
12.4

171.9
175.1
177.6

161.2
163.2
165.2

5.2
5.4
6.0

255. 1
251.4
259.3

114.1
110.5
113.8

46.1
45.7
47.4

160.1
156.2
161.3

1858.0
1864.8
1884.4

628.9
632.9
629.0

47.4
51.3
50.3

12.0
12.8
12.7

176.2
172.2
175.4

JULY
AUG.
SEPT.

166.8
167.7
167.6

6.6
6.5
6.2

262.2
260.9

115.0
117.1
119.0

48.5
49.3
50.3

163.5
166.4
169.3

1897.5
1905.7
1908.8

619.9
625.8
635.4

50.2
51.9
52.7

12.4
14.2
13.9

175.8
176.7
176.6

OCT.

168.5

5.9

265.4

119.8

51.4

171.2

1919..0

6J9.3

53.1

14.5

176.7

270.7

24i>. 8

WEEK ENDING:
1985-OCT.

NOV.

1/

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




7
14
21
28

169.2
169.4
168.6
167.5

2t>t>.4
267.0
258.3

121.0
120.5
120.1
118.1

52.2
51.7
51.7
50.3

173.2
172.2
171.8
168.4

53.7
52.5
52.8
53.1

13.5
13.1
14.1
16.9

176.0
177.3
177.1
176.3

4
11 P
18 P

169.2
171.3
170.3

2u7.7
266.1
270. 1

121.4
123.4
122.7

52.6
53.4
52.9

174.0
176.8
175.6

54.2
51.9
55.2

14.9
13.3
14.2

176.3
176.4
175.8

CURRENCY

OUTSIDE THE U . S . TREASURY .

FEDERAL RESERVE

BANKS AND T H S VAULTS

OF COMMERCIAL

BANKS.

EXCLUDES

THS

BSTIMA THn

AMOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AHOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF MONBANK ISSUERS. TRAVELERS CHECKS ISSUED BY DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R. FLOAT, LESS THE ESTIMATED AHOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OP NOV AND ATS BALANCES AT COMMERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT
CORPORATIONS. INCLUDES SUPER NOWS OF $43.1 BILLION IN THE HKEK END NOVEMBER 4, $43.7 BILLION IN THE MEEK ENDED
NOVEMBER 11, AND $43.9 BILLION IN THE 1EEK ENDED NOVEMBER 18.
CONSISTS OF NOH AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UMION SHARE
DRAFT BALANCES, AND DEMAND DEPOSITS AT' THRIFTS. INCLUDES SUPER NOHS OF $18.6 BILLION IN THE HKEK EHDED NOVEMBER 4,
$18.8 BILLION IN THE KEEK ENDED NOVEMBER ,11, AMD $18.6 BILLION II THE iBEK EIDED NOVEMBER 18.
SUM OF OVERNIGHT RPS AID EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), MflDAS AND SAVINGS
AND SHALL TINS DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM RPS AND EURODOLLARS OF U.S. RESIDENTS, HONEY MARKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELDtilINSTITUTION-ONLY
MONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND dROKER/DEALER).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WOHLOyiDE TO U.S. RESIDENTS OTHER THAN DEPOSITOR* INSTITUTIONS AND
HONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND JKOKER/DEALErt).

H.6 (508)
Table 5-continued

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

Date

Money market deposit accounts
at
at
total
thrift
commercial
institutions
banks

Small denomination time deposits 2

Savings deposits

at

at

commercial
banks

thrift
institutions

total

at

at

commercial
banks

thrift
institutions

Large denomination time deposits9

at
total

commercial
banks 4

at
thrift
institutions

total

1984-OCT.
NOV.
DEC.

248.2
257.1
267.1

143.9
145.4
147.9

392.0
402.4
415.1

124.J
122.7
121.4

167.4
166.1
164.9

291.7
288.8
286.3

386.2
387.1
387.6

493.2
497.4
499.4

679.4
884.5
887.0

264.0
26J.6
265.9

143.1

407.1

147.6
151.1

411.2
416.9

1985-JAN.
FEB.
HAK.

280. 4
289.3
294.0

153.2
159.0
163.9

433.7
448.3
457.9

121.1
120.4
120.6

1b5.7
166.5
168.2

286.9
286.9
288.8

386.3
384.1
383.7

502.0
499.5
496.3

b-tfb.4
tfttJ.b
bdO.O

263.0
263.9
269.8

154.1
154.9
153.3

417.1
418.8
423.0

APE,
HAY
JUNE

295.9
298.3
307.3

164.5
165.5
167.8

460.3
463.8
475. 1

120.9
121.7
12J.2

1b9.3
170. 1
172-6

290.2
291.8
295.8

38J.9
385.2
386.4

495.6
495.5
496.7

879.4
UU0.6
86J.1

^70.4
270.0
267.3

153.4
156.1
156.0

423.8
426.0
423.2

JULY
AUG.
SEPT.

313.0
317.7
321.2

171.1
174.3
175.5

484.1
492. 1
49b. 7

124.3
124.0
123.7

175.1
175. t)
176.0

299.4
299.5
299.7

386.4
385.4
385.2

497.5
494.0
492.3

bttJ.9
0-79.4
877.5

264.9
269.4
274.4

154.3
155.1
156.3

419.2
424.5
430.6

OCT.

324.3

176.8

501. 1

124.5

179.0

303.6

384.9

493.6

87b.5

277.9

157.4

435.4

BEBK
1985
OCT.

MO?.

ENDING

7
14
21
28

322.8
324.1
324.3
325.^

124.9
124. d
124.0
124. 2

385.6
385.3
384.7
384.3

27d.3
278.6
277. J
277.6

4
11 P
18 P

327.0
328.4
329.4

124.3
124.4
124.4

384.1
384.3
384.1

278.7
279.5
278.4

1 7 S A V I N G S DEPOSITS EXCLUDE IflDAS.
2/ SHALL DENOMINATION T U B DEPOSITS — INCLUDING BBTAIL RPS — ABE THOSE ISSUED IM AHO0ITS OF LESS THAN $100,000- ALL
INDIVIDUAL BKTIBBHEIT A C C M V T S ( H A ) AID KEOGH ACCOUNTS AT COHMEBCIAL BASKS AMD THBIFTS AB£ SUBTRACTED FROH SHALL
TIHE DEPOSITS.
3/ LARGE DENOMINATION TIHE DEPOSITS ABB THOSE ISSUED IM AMOUNTS OF $100,000 OB MOBE, EXCLUDING THOSE i*O0*BD AT INTERNATIONAL
BAMKIMG FACILITIES (IBFS).
1/ LABGB DBIOHIMATION TIHE DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BT HONEY HABKET HOTUAL FUNDS, DEPOblTOBT
IiSTITWIONS AID FOBEIGM BANKS AID OFFICIAL INSTITUTIONS.




H.6 (506)
l a M e ^-continued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
•MMone of doNar*. net seasonally adjusted
MOT) nP»

Dale

Institution
only monoy
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars*

Savings
bonds

Non M3 Components of L
Short-term
treasury
Bankers
acceptances4
securities*

Components of Debt
Commercial
paper?

Federal debt*

Non-Federal*
debt

1984-OCT.
NOV.
DEC

52.2
58.3
62.7

33.1

36.1

35.3
37.3

69.3
70.7
t>9.7

80.6
81.9
83.1

73.8
74.0
74.4

271.3
265.1
264.8

45.1

35.4
32.5

43.3
42.d

158.3
159.4
156.9

1323.0
1343.0
1364.7

4437.9
4494.7
4556.2

1985-JAH.
FEB.
MAR.

65.0
62.2
59.5

29.9
31.2
32.7

35.1
34.5
36.2

65.0
65.7
68.9

81.1
81.3
84.7

74.6
74.9
75.3

268.5
273.8
283.6

42.0
42.7
43.2

15/.3
164.2
167.7

1383.1
1397.4
1412.0

4602.8
4630.7
4663.6

APR.
HAY
JUtfE

59.6
63.5
67.1

35.2
33.4
33.1

36.8
35.4
33. tt

71.9
68.8
60.9

80.7
80.8
78.3

75.6
76.1
76.5

281.2
274.6
282.5

42.6
41.7
39.8

169.3
168.8
167.9

1427. 1
1443.8
1457.9

4707.9
4754.6
4804.5

JOLY
AUG.
SEPT.

65.0
63.6
62.3

31.1
32.1
33.1

33.9
35.3
37.3

65.0
67.4
70.3

76.5
76.0
76.8

76.6
77. 1
78.0

282.9
283.9
285.7

39-1
40. b
40.9

173.1
181.0
180.6

1475.8
1495.8
1506.9

4852.1
4894.4
4941.0

OCT.

63.3

31.8

38.5

70.3

76.0

7
14
21
28

62.5
63.5
63.4
63.2

31.1
32.1
31.6
32.1

4
11 P
18 P

64.8
64.0
63.7

32.3
32.7
32.9

MEEK EMDING:
1985-OCT.

MOT.

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

TERN RPS ABE THOSE VITH ORIGINAL MATURITIES GREATER THAI OIB DAI, EXCLUDING COITIM0IMG COMPACTS AMI) RETAIL BPS. INCLUDES
A HELATIVELY SHALL AHOOIT OW OflBilGHT BPS AT THRIFT INSTITUTIONS.
TERM EURODOLLARS ABE THOSE 11*1 OBIGIHAL HATUBITIES 6BEAT1B THAI ONE DAI. CONSISTS OF THOSE ISSUED TO 0.S. BBSIDBNTS BY
FOBBIGN BHANCHES OF 0.$. BANKS I0BLMIDB AID BI ALL BANKING OFFICES II THE UNITED KINGDOH AND CANADA. EXCLUDES THOSE HELD
BI DEPOSITOBI INSTITUTIONS kMD HOIBI MARKET MUTUAL FUNDS.
CONSISTS OF U.S. TBBASUBI BILLS AND COUPONS WITH REMAINING HATUHITIES OF LESS THAN 12 MONTHS d£LD BI OTHEB THAN DEPOSITORY
INSTITUTIONS* FBDEBAL BBSBBfB BANKS, HONEY HARKKT MUTUAL FUNDS, AND FOBBIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HKLD BT ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOflE LOAN BANK SYSTEM AND HONEY MARKET HOTUAL FUNDS.
IOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER UELD BY MOMEY MARKET MUTUAL FUNDS.
. DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING KND-OF-HONTH LEVELS OF ADJAC&MT MONTHS, AND HAVE BEEN
ADJUSTED TO RBHOVB DISCONTXJUJITIES.




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

1.8
2.1
2.0

9.2

2.7

DEC.

8.5
8.8
8.6

9.4
9.6

2.U
3.4

4.0
3.2
3.4

1985-JAH.
FEB.
MAfi.

8.5
8.3
7.5

1.9
2.1
1.8

9.2
8.9
8.7

3.7
3.1
3.b

APH.
NAY
JUNE

7o6

7.8
7.8

1.3
2.1

1-9

8.5
8.4
8.3

3.9
3.1
3.4

1.8
1.9
2.0

8.3
8.2
8.2

2.6

SEPT.

7.9
7.6
7.9

OCT.

7.9

1.8

7
14
21
28

9.0
7.4
7.9
7.5

4
11 P
18 P

7.8
7. a
8.Q

1984-OCT.
NOV.

JULY
AUG.

iEUK
1985
OCT.

NOV.

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




thrift
institutions

money
market
mutual funds

total

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

4.0

14.9

4.3

12u7

22.5
20. 1

3.8

9.2

16. b

1.1
1.1
1.0

45.3
47.0
4b. 8

61.4
63. 1
65.4

7.4
7.7
7.9

114.0
117.9
122.1

6.6

6.7
2.8

11.5
17.8
11.4

22.0
27.6
17.7

1.0
1.0
1.0

i>3.5
S5. 1
55.9

&9.2
70.5
71.8

8.6
8.6
8.4

131.2
134.2
136.1

20.0
10.6
13.4

27.0
16.4
21. 1

1.0
1.1
1.1

t>t>. 7

3.4

4.0
3.0
4.3

57.4
57.8

7J.7
75.2
76.4

8.5
8.5
8.5e

138.8
141.0
142.7a

6.4

3.0

3. 1

2.4

8.5

1.1

58.2

77.3

8.7a

144.2e

1.8
1.9
1.8
1.8

8.4
8.4
8.3
8.4

3.1
2.4
3.9
2.4

3.1

4.9

J.2

1.4
1.5
2.1

11. 1
7.0
8.7
7.6

1.1
1.
1.

1.8
2.1

8.4
8.6
8.6

3.0
2.7
3.4

3. 1

ENDING:

estiaatod

commercial
banks

2.4

3.3
3.1
2.5
3.2

3-2

1-9
5.1
3.0

7.4
11.1

1.1

1l<

1.