Full text of H.6 Money Stock Measures : November 30, 1981

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 Immediate Release
H.6 (508)
NOV. 3 0 , 1981

Table 1

MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally adjusted unless otherwise noted
M1-A
M1-B

M1 B
Shift adjusted

M2

M3

L

MI-Bplus
Currency plus
demand
deposits
plus travelers
checks^

Date

M1 Aplus
other
checkable
deposits
(OCD) 2

M1-B less
Overnight RPs
shifts to OCD at commercial
from
banks plus
non-demand
overnight
deposit
Eurodollars4
3
sources
NSA

Money market
mutual fund
shares
NSA

overnight RPs
and
M2 plus large
Eurodollars,
time deposits
MMMF shares. and term RPs6
and savings
and small
time deposits^

M3 plus other
liquid assets7

1980-OC2.
NOV.
DEC.

390.1

391.3
387.7

416.3
419.1
415.6

416.3
419.1
415.6

32.7
32.8
32.4

77.4
77.0
75.8

1654.0
1668.5
1669.4

1928.3
1951.0
1965.1

2326.0
2355.6
2378.4

1981-JAN.
FEB.
MAE.

375.1
367.2
365.8

419.2
421.2
425.8

415.5
415.0
418.0

32.7
31.9
33.3

80.7
92.4
105.6

1680.8
1695.7
1718.6

1989.3
2009.1
2027.2

2408.7
2433.6
2445.3

APE.
MAY
JUNE

366.6
364.9
361.9

433.7
431.5
428.8

423.9
422.1
419.0

34.3
38.3
39.7

117.1
118.1
122.8

1738.1
1743.4
1749.3

2046.0
2060.8
2079.0

2457.7
2480.1
2502.8

JULY
AUG.
SBPI.

361.4
362.3
360.0

430.1
432.8
431.6

420.0
422.3
421.0

39.2
40.2
36.7

134.3
145.4
157.0

1760.1
1777.2
1786.8

2094.0
2117.5
2133.7

2519.4

OCT.

360.6

433.0

422.1

33.0

166.4

1798.9

2143.5

7
14
21
28

362.1
361.8
362.0
358.3

43 5.0
433.5
434.5
430.8

32.5
31.5
32.9
34.9

163.2
164.6
166.9
169.4

4
11 P
18 P

360.1
360.3
362.0

433.3
435.7
437.4

34.0
33.6
35.6

169.9
172.7
176,4

WEEK ENDING:
1981-OCT.

NOV.

1/

INCLUDES (1) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHEfi 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; (2) CURRENCY OUTSIDE THE TREASURY, F.R. BANKS AND THE VAULTS OF COMMERCIAL BANKS; AND
(3) OUTSTANDING TRAVELERS CHECKS OF NONBANK ISSUERS.
2/ NOW AND ATS BALANCES AT BANKS AND THRIFT INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND DEMAND
DEPOSITS AT THRIFT INSTITUTIONS. M1-B HILL DIFFER FROM THE SUM OF COMPONENTS PRESENTED IN SUBSEQUENT
TABLES BY A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE AMOUNT OF DEMAND DEPOSITS HELD BY THRIFT
INSTITUTIONS AT COMMERCIAL BANKS—AND INCLUDED IN M1-A—THAT ARE ESTIMATED TO BE USED IN SERVICING
THRIFT OCD LIABILITIES.
3/ M1-B SHIFT ADJUSTED ABSTRACTS FROM SHIFTS IN 1981 INTO OCD FROM SOURCES OTHER THAN DEMAND DEPOSITS. THE
PORTION OF NOT SEASONALLY ADJUSTED OCD FLOWS ASSOCIATED WITH SHIFTS FROM OUTSIDE DEMAND DEPOSITS IS ASSUMED
TO BE 22.5 PERCENT IN JANUARY AND 27.5 PERCENT IN SUBSEQUENT MONTHS. FOR DETAILS OF THE ADJUSTMENT PROCEDURE, SEE "REVISIONS IN THE MONEY STOCK," FEDERAL RESERVE BULLETIN, JULY 1981.
4/ OVERNIGHT (AND CONTINUING CONTRACT) RPS A£E THOSE ISSUED BY COMMERCIAL BANKS TO THE NONBANK PUBLIC, AND
OVERNIGHT EURODOLLARS ARE THOSE ISSUED BY CARIBBEAN BRANCHES OF MEMBER BANKS TO U.S. NONBANK CUSTOMERS.
5/ INCLUDES SAVINGS AND SMALL DENOMINATION TIME DEPOSITS (TIME DEPOSITS IN AMOUNTS OF LESS THAN $100,000)
ISSUED BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS. M2 HILL DIFFER FROM THE SUM OF COMPONENTS PRESENTED
IN SUBSEQUENT TABLES BY A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE AMOUNT OF DEMAND DEPOSITS HELD BY
THRIFT INSTITUTIONS AT COMMERCIAL BANKS.
6/ INCLUDES LARGE DENOMINATION TIME DEPOSITS ISSUED BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS IN AMOUNTS OF
$100,000 OR MORE, LESS HOLDINGS OF DOMESTIC BANKS, THRIFT INSTITUTIONS, THE U.S. GOVERNMENT, MONEY MAEKET
MUTUAL FUNDS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.
SMALL DENOMINATION (RETAIL) RPS
ESTIMATED AT $12.7 BILLION ON A MONTH AVERAGE BASIS AND $12 BILLION ON
A MONTH-END BASIS IN OCTOBER — ARE INCLUDED IN THE TERM RP COMPO NENT OF M3. CONSIDERATION IS BEING GIVEN
TO INCORPORATING 1HE FIGURES ON SMALL DENOMINATION TERM RPS IN THE M2 SERIES, HHICH CURRENTLY EXCLUDES SUCH
INSTRUMENTS.
7/ OTHEB LIQUID ASSETS INCLUDE THE NONBANK PUBLIC'S HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TREASURY
SECURITIES, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND TERM EURODOLLARS NET OF MONEY MARKET MUTUAL FUND
HOLDINGS OF THESE ASSETS.
NOTE: P INDICATES PRELIMINARY DATA. SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING HEEK-TC-HEEK CHANGES IN
MONEY SUPPLY DATA, WHICH ARE OFTEN HIGHLY VOLATILE AND SUBJECT TO REVISION IN SUBSEQUENT WEEKS AND
MONTHS. PRELIMINARY DATA ARE SUBJECT TO WEEKLY REVISIONS UNTIL THEY ARE FINAL.



H.6 (508)
Table 1A

MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonally adjusted
M1-A

Currency plus
demand
;
deposits
plus travelers
checksi

Date

M1-B

MI-Aplus
other
checkable
deposits
(OCD)2

M1-B
Shift adjusted

Addenda:

M1-B less
Overnight RPs
shifts to OCD at commercial
from
banks plus
non-demand
overnight
deposit
Eurodollars4
sources^
NSA

M2

Money market
mutual fund
shares
NSA

M3

MVBplus
overnight RPs
and
M2 plus large
Eurodollars,
time deposits
MMMF shares, and term RPs6
and savings
and small
time deposits5

L

M3 plus other
liquid assets'

1980-OCT.
NOV.
DEC.

391.7
394.1
397.7

418.4
421.9
425.9

418.4
421.9
425.9

32.7
32.8
32.4

77.4
77.0
75.8

1657.5
1666.9
1675.2

1931.4
1952.0
1975.6

2327.0
2353.6
2385.0

1981-JAN.
FEB.
MAR.

378.9
358.7
358.9

423.5
411.5
417.8

419.8
405.3
410.1

32.7
31.9
33.3

80.7
92.4
105.6

1683.6
1685.1
1713.4

1994.9
2000.9
2024.8

2411.5
2426.8
2446. 1

APR.
HAY
JUNE

369.5
359.4
361.1

436.7
424.4
428.4

426.9
415.1
418.7

34.3
38.3
39.7

117.1
118.1
122.8

1745.7
1737.5
1751.5

2052.5
2054.0
2075.6

2467.4
2478.0
2501.4

JULY
AUG.
SEPT.

363.5
360.8
360.0

432.9
431.3
432.3

422.7
420.8
421.4

39.2
40.2
36.7

134.3
145.4
157.0

1765.0
1773.5
1783.5

2094.6
2110.8
2128.1

2518.3

OCT. P

362.0

435.1

424.1

33.0

166.4

1801.0

2144.6

7
14
21
28

367.0
366.4
362.1
353.9

441.3
439.7
435.2
425.9

32.5
31.5
32.9
34.9

163.2
164.6
166.9
169.4

4
11 P
18 P

363.0
364.8
365.2

437.5
441.1
441.2

34.0
33.6
35.6

169.9
172.7
176.4

WEEK ENDING:
1981-OCT.

NOV.

NOTE:

SEE TABLE 1 FOR FOOTNOTES.




i

H.6 (508)
Table 2

MONEY STOCK MEASURES AND LIQUID ASSETS
Percent change at seasonally adjusted annual rates
M1-A
Currency plus
demand
deposits
plus travelers
checksi

Date

OCT,

FROM:

JULY

1981

(3 MONTHS PREVIOUS)

-0.9

APR.

1981

(6 MONTHS PREVIOUS)

-3.3

OCT.

1980

( 1 2 MONTHS PREVIOUS)

FOUB WEEKS ENDING: NOV.
FROM FOUR WEEKS ENDING:

18,

M1-B

MI-Aplus
other checkable
deposits at banks
and thrift
institutions^

2.7
-0.3

7.0

9.5

-7*6

4.0

8.8

11.2

19#

1981

( 1 3 WEEKS PREVIOUS)

-2.2

2.1

MAY

2 0,

1981

( 2 6 WEEKS

PREVIOUS)

-3.2

0.6

NOV.

18,

1980

( 5 2 WEEKS PREVIOUS)

-8,0

3.6




M2 plus large
time deposits
and term RPs at
commercial banks
and thrift
institutions 6

9.5

1981

SEE 1ABLE 1 FOR FOOTNOTES.

M3

8.8

AUG.

NOTE:

M2
NM-Bplus
overnight RPs
and Eurodollars,
MMMF shares, and
savings and small
time deposits at
commercial banks
and thrift
institutions 5

H.6(S08)
T«bl« 3

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, f

sonally adjusted unless otherwise noted

Date

1

Currency

Demand
deposits2

Travelers
chsckt3

Other
chtckabl*
deposits4

Overnight
RPs
(nstp

Overnight
Eurodollars*

NSA

NSA

Money
market
mutual
funds7
NSA

S•vlngs depot ts
at
at
thrift
commercial
total
Institutions
banks

Small denemnlnatlon tims deposits"
at
at
thrift
total
commercial
banks
Institutions

1980-OCT.
NOV.
DEC.

114.9
115.7
116.1

271.2
271.6
267.4

4.0
4.1
4.2

26.3
27.9
28.1

28.3
28.1
27.9

4.4
4.7
4.5

77.4
77.0
75.8

190.3
191.4
185.1

217.5
214.7
207.9

407.8
406.1
393.0

277.8
284.7
292.4

446.3
453.3
464.4

724.0
738.0
756.8

1981-JAN.
FEB.
MAR.

116.6
117.2
117.9

254.4
245.8
243.5

4.2
4.2
4.4

44.3
54.3
60.2

27.5
27.0
28.7

5.2
4.9
4.6

80.7
92.4
105.6

177.2
173.9
172.4

199.8
197.0
196.0

376.9
370.8
368.3

302.4
306.5
310.7

473.3
476.9
478.7

775.7
783.3
789.4

APR.
HAY
JUNE

118.9
119.8
119.9

243.1
240.7
237.9

4.6
4.4
4.2

67.3
66.9
67.1

29.3
31.8
33.3

5.0
6.5
6.4

117.1
118.1
122.8

172.0
169.7
166.3

195.0
191.4
187.7

367.0
361.1
354,0

312.1
316.2
322.0

477.9
482.. 2
485.7

790.0
798.4
807.7

JULY
AUG.
SEPT.

120.8
121.2
121.1

236.4
236.7
234.4

4.1
4.4
4.5

69.0
70.8
72.2

32.3
32.4
29.8

6.9
7.8
6.9

134.3
145.4
157.0

164.7
160.7
157.7

184.4
180.1
176.8

349.1
340.7
334.5

325.9
334.3
339.9

485.4
487.7
490.8

811.3
821.9
830.7

121.4

234.7

4.5

72.7

27.1

5.9

166.4

155.2

174.3

329.5

346.9

494.3

841.1

7
14
21
28

121.1
121.5
121.4
121.6

236.6
235.8
236.1
232.1

73.3
72.1
72.8
72.8

26.5
26.2
26.7
28.5

6.0
5.2
6.2
6.3

163.2
164.6
166.9
169.4

155.9
155.1
155.0
154.9

343.5
345.4
347.6
348.5

4
11 P
18 P

121.7
121.8
121.9

233.8
233.8
235.5

73.6
75.7
75.7

28.1
27.7
28.5

5.9
5.9
7.0

169.9
172.7
176.4

155.3
156.7
157.5

349.7
350.9
351.4

OCT.
SEEK ENDING:

1981-OCT.

NOV.

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

CUBfiSNCY OUTSIDE THE U.S. TREASURY, F. R. BANKS AND VAULTS OF COMMERCIAL BANKS.
DEMAND DEPOSITS AT COMMERCIAL BANKS AND FOREIGN RELATED INSTITUTIONS 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.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSUERS.
INCLUDES ATS AND NOB BALANCES AT ALL INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS M1-B SEASONALLY ADJUSTED LESS M1-A SEASONALLY ADJUSTED, PLUS
THE M1-B CONSOLIDATION COMPONENT.
™MWV
INCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED TO THE NONBANK PUBLIC BY COMMERCIAL BANKS, NET OF AMOUNTS HELD BY HONEY
MARKET MUTUAL FUNDS.
ISSUED BY CARIBBEAN BRANCHES OF U.S. MEMBER BANKS TO U.S. NONBANK CUSTOMERS.
*uTAL MONEY MARKET MUTUAL FUND SHARES OUTSTANDING.
SHkLL DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000.




H.6 (508)
Table 3—continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
ouiions OT aonars, seasonally aa us tea unless otnerwise notea
Large denomination time deposits"'
at commercial
Date
at thrift
banks2
institutions
total

Term RPs3
at commercial
banks
NSA

at thrift
institutions

total

NSA

NSA

Term
Eurodollars
(net)4
NSA

Savings
bonds

Short-term
Treasury
securities^

Bankers
acceptances^

Commercial
paper7

1980-OCT.
NOV.
DEC.

196.8
202.8
212.5

41.0
42.6
44.2

237.7
245.4
256.8

28.7
29.0
30.5

7.9
8.1
8.5

36.5
37.1
38.9

45.2
46.3
48.4

72.8
72.6
72.3

150.2
154.6
159.9

30.6
31.3
32.5

98.9
99.8
100.2

1981-JAN.
FEB.
MAR.

222.5
227.3
224.3

45.5
46.6
46.7

268.0
273.9
271.0

31.9
31.3
29.3

8.5
8.1
8.3

40.4
39.5
37.6

50.2
52.2
52.2

71.9
71.1
70.7

165.1
169.9
164.6

33.0
32.0
33.0

99.2
99.4
97,6

APR.
WAY
JUNE

222.6
229.5
239.1

46.9
47.8
48.2

269.5
277.2
287,3

29.6
30.5
31.5

8.9
9.7

10.9

38.5
40.2
42.4

52.6
57.0
57,9

70.4
69.9
69.7

157.6
157.5
160.3

34.6
35.7
36.5

96.5
99.1
99.3

JULY
AUG.
SEPT.

241.8
247-1
249.5

48.5
49.4

30.6
29.0
30.6

13.0
14.8
16.5

43.5
43.7
47.1

58.7

69.3

160.7

37.2

99.6

50.4

290.3
296.6
299.9

OCT.

247.2

51.5

298.7

29.9

16.0

45.9

WEEK

ENDING:

1981-OCT.

NOV.

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

21
28

246.6
250.1
246.9
244.8

29.1
30.7
29.0
30.2

4
11 P
18 P

244.1
242.7
241.3

31.1
31.4
30.9

7
14

LARGE DENOKINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT INSTITUTIONS.
TERM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY AND EXCLUDE CONTINUING CONTRACTS.
TERM EURODOLLARS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY NET OF TERM EURODOLLARS HELD BY MONEY MARKET MUTUAL
FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY THE NONBANK PUBLIC LESS SUCH
SECURITIES HELD BY MONEY MARKET MUTUAL FUNDS.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F.R. BANKS, FOREIGN OFFICIAL INSTITU1IONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 3A

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

Date

1

Currency

at member
banks2

Demand deposits
at foreignreiated
at domestic
banking
nonmember
offices
banks3
In the U.S.4

Other checkable deposits

total

Travelers
checks5

at
commercial
banks6

at thrift
institutions7

1980-OCT.
NOV.
DEC.

114.9
116.7
118.4

175.6
175.4
177.0

91.5
92.8
93.0

5.7
5.3
5.4

272.8
273.5
275.4

4.1
3.9
3.9

19.6
20.5
20.9

7.3
7,5
7.4

1981-JAN.
FEB.
MAR.

115.7
115.8
116.8

165.9
151.0
150.6

88.0
82.8
82.1

5.4
5.1
5.2

259.2
238.9
237.9

4.0
4.0
4.2

35.7
42.9
48.0

APR.
MAY
JUNE

118.4
119.3
119.9

156.2
148.0
149.1

85.7
82.8
82.6

4.8
5.1
5.3

246.8
235.9
237.0

4.3
4.2
4.3

JULY
AUG.
SEPT.

121.4
121.4
121.0

150.4
148.1
148.3

81.9
80.9
80.9

5.1
5.6
5.3

237.4
234. 5
234.4

OCT.

121.4

152.2

80.3

3.7

236.1

7
14
21
28

121.9
122.2
121.2
120.3

154.5
154.2
152.4
148.2

81.9
81.7
80.5
77.6

3.9
3.7
3.7
3.5

4
11 P
18 P

121.6
123.7
123.0

153.4
152.5
153-1

80.2
81.0
81.4

3.6
3.4
3.4

total

Overnight
RPs (net)*

Overnight Money market
Eurodollars9 fTtutual funds10

26.8
28.0
28.3

28.3
28.1
27.9

4.4
4.7
4.5

9,1
10.1
11.1

44.8
53.0
59.2

27.5
27,-0
28.7

5.2
4.9
4.6

80.7
92.4
105.6

54.9
52.5
54.2

12.6
12.8
13.3

67.5
65.3
67.6

29.3
31.8
33.3

5.0
6.5
6.4

117.1
118.1
122.8

4.7
4.8
4.7

55.7
56.4
57.9

14.0
14.4
14.7

69.7
70.8
72.6

32.3
32.4
29.8

6.9
7.8
6.9

134.3
145.4
157.0

4.5

58,3

15.2

73.5

27.1

5.9

166.4

240.4
239.6
236.6
229.3

58.9
58.6
58.2
57.5

15.8
15.2
15.2
14.7

74.7
73.7
73.4
72.3

26.5
26.2
26.7
28.5

6.0
5.2
6.2
6.3

163.2
164. 6
166.9
169.4

237.1
236.9
237.9

59.2
60.7
60.6

15,7
16-0
15.8

74.9
76.7
76.4

28.1
27.7
28.5

5-9
5.9
7.0

169-9
172-7
176.4

77.4
77.0
75.8

WEEK ENDING:

1981-OCT.

NOV.

1/
2/
3/
4/
5/
6/
7/
3/
9/
10/

CURRENCY OUTSIDE THE U.S. TREASURY, F.R. BANKS AND THE VAULTS OF COMMERCIAL BANKS.
DEMAND DEPOSITS O1HER 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 AT MEMBER BANKS OF THE FEDERAL RESERVE SYSTEM.
DEMAND DEPOSITS 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 AT NONMEMBER BANKS.
DEPOSITS AS DESCRIBED IN FOOTNOTE 3 AT AGENCIES AND BRANCHES OF FOREIGN BANKS, EDGE ACT CORPORATIONS AND FOBEIGN INVESTHENT
COMPANIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSUERS.
NOW AND ATS BALANCES AT BANKS.
NOU AND ATS BALANCES AT SAVINGS AND LOANS AND MUTUAL SAVINGS BANKS, CfiEDIT UNION SHAHE DRAFT BALANCES, AND DEMAND DEPOSITS
AT THRIFTSINCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED TO THE NONBANK PUBLIC BY COMMERCIAL BANKS NET OF AMOUNTS HELD BY MONEY
MARKET MUTUAL FUNDS.
ISSUED BY CARIBBEAN BRANCHES OF U.S. MEMBER BANKS TO U.S. NONBANK CUSTOMERS.
TOTAL MONEY MARKET MUTUAL FUND SHARES OUTSTANDING.




H.6 (508)
Table 3A—continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
DMHUII3 ui uunais, nui »c»uuaii y aujusicu

at commercial
banks

Date

at savings
and loans

Savings deposits
at
at mutual
savings banks
credit unions

total

at commercial
banks

Small denomination time deposits'1
at mutual
at
at savings
savings banks
and loans
credit unions

total

1980-OCI.
NOV.
DEC.

192.2
190.7
183.7

117.0
113.8
108.9

56.5
55.2
53.4

46.2
45.3
44.2

411.9
405.0
390.2

277.2
282.7
290.7

343.7
349.1
358.0

87.2
88.6
91.2

13.1
14.1

15.5

721.2
734.6
755.2

1981-JAN.
FEB.
MAR.

176.3
171.9
171.3

103.3
101.0
101.7

51.7
5,0.7
50.8

42.9
42-0
41.9

374.2
365^6
365.7

301.8
308.3
312.5

365.3
367.9
369.3

93.3
94.1
94.7

16.5
17.4
18.3

776.9
787.7
794.8

APB.
HAY
JUNE

172.2
169.2
166.6

101.7
99.6
98.5

50.8
49.9
49.5

41.7
41.0
40.7

366.4
359.7
355.4

313.3
318.1
323.6

368.5
368.6
369.4

94.5
94.8
95.6

18.9
19.6
20.3

795.2
801.0
808.9

JULY
AUG.
SEPT.

166. 1
161.9
158.5

97.6
95.0
93.5

49.2
47.9
47.3

40.0
38.8

352.9
343.7

38.0

337.3

325.6
332.6
337.9

367.6
367.0
368.0

95.6
95.9
96.3

20.8
21.3
22.0

809.6
816.8
824-2

156.7

92.2

46.6

37.3

332.9

345.8

371.5

97.3

23.0

837.6

OC1.
WEEK ENDING:

1981-OCT.

NO?.

1/

21
28

158.0
157.2
156.6
155.8

342.8 '
345.3
346.8
347.5

4
11 P
18 P

155.4
156.2
156.6

348.2
348.9
348.9

7
14

SMALL DENOMINATION TIKE DEPOSITS ABE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000.




H.6 (508)
Table 3A—continued

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

Date

Large denomination time deposits1
at
at mutual
savings
total
commercial
at savings
banks2
banks
and loans

Term RP$3
at
commercial
banks

at thrift
institutions

total

Term
Eurodollars
(net)4

Savings
bonds

Short-term
Treasury
securities^

148.5
150.8

156.8

30.8
31.3
31.4

100.0

71.9
71.1
70.6

163.1
168.9
166.4

32.1
33.3
33.9

99.3
100.4
98.2

52.6
57.0
57.9

70. 1
69.7
69.4

160.9
161.9
162.4

34.7
35.4
36.2

96.6
100.0
99-9

58.7

69.1

159.9

36.5

99.5

1980-OCT.
NOV.
DEC.

196.0

37.1

205.6
217.8

38.0
39.1

4.2
4.4
4.5

237.4
248.0
261.4

28.7
29.0
30.5

7.9
8.1
8.5

36.5
37.1
38.9

45.2
46.3
48.4

73.0
72.9
72.7

1981-JAN.
FEB.
MAR.

225.8
230.5
227.7

40.4
41.1
41.3

4.6
4.7
4.7

270.8
276.3
273.8

31.9
31.3
29.3

8.5
8.1
8.3

40.4
39.5
37.6

50.2
52.2
52.2

APR.
MAY
JUNE

221.9
228.5
233. 1

41.6
42.7
43.4

4.8
5.0
5.1

268.3
276.3
281.6

29.6
30.5
31.5

8.9
9.7

10.9

38.5
40.2
42.4

JULY
AUG.
SEP1.

236.7
243.2
246.2

44.0
44.9
45.7

5.3
5.5
5.7

286.0
293.6
297.6

30.6
29.0
30.6

13.0
14.8
16.5

43.5
43.7
47.1

OCT. P
ENDING:

246.0

46.0

5.8

297.7

29.9

16.0

45.9

WEEK

1981-OCT.

NOV.

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

7
14
21
2Q

245.2
248.7
245.5
244.5

29.1
30.7
29.0
30.2

4
11 P
18 P

244.8
244.7
244.9

31.1
31.4
30.9

» Bankers
Commercial
paper7
acceptances^

98.1
100.3

LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT
INSTITUTIONS.
TERM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY AND EXCLUDE CONTINUING CONTRACTS.
TERM EURODOLLARS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY NET OF TERM EURODOLLARS HELD BY MONEY MARKET MUTUAL
FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY THE NONBANK PUBLIC LESS SUCH
SECURITIES HELD BY MONEY MARKET MUTUAL FUNDS.
'
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F.R. BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 4

MEMORANDA ITEMS
Billions of dollars, not seasonally adjusted
'
Demand deposits at banks due to
Date

foreign commercial
banks

foreign official

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

demand deposits at
Federal Reserve
commercial banks
Banks

U.S. government deposits
note balances at
commercial
banks and thrift
institutions

total demand
deposits and
note balances

time and
savings deposits at
commercial banks

1980-OCT.
NOV.
DEC.

11.9
12.5
12.7

3.0
3.4
3.7

11.6
11.5
11.5

2.8
2.5
2.8

3.2
3.0
2.7

9.7
4.1
6.3

15.8
9.6
11.7

0.8
0.8
0.8

1981-JAN.
FEB..
HAR.

12.0
12.9
12. 1

3.5
3.6
3.4

11.3
11.3
11.1

2.8
2.8
2.8

3.2
3.3
3.0

5.1
5.4
7.5

11.1
11.4
13.3

0.8
0.8
0.8

APfi.
MAY
JUNE

12.4
12.4
13.0

3.8
3.3
3.5

11.
11.
11.

3.8
2.8
3.3

3.4
3.3
3.0

8.3
9.5
9.1

15.4
15.6
15.4

0.7
0.7
0.8

JULY
AUG.
SEPT.

12,7
12.8
13.3

3.3
3.3
3.5

10.
10.
10.2

2.8
2.7
3.3

3.1
3.2
3.2

7.9
4.8
7.8

13.8
10.7
14.3

0.8
0.8
0.7

OCX.

12.5

2.8

10.1

2.6

3.3

10.9

16.8

0.7

7
14
21
28

12.2
13.5
12.0
12.4

2.8
2.6
2.7
2.9

10.2
10.1
10.1
10.0

2.7
2.2
3.0
2.3

3.5
3.0
3.7
3.1

10.1
7.1
11.6
14.3

16.3
12.3
18.4
19.7

0.7
0.7
0.7
0.7

4
11 P
18 P

12.5
11.6
12.3

3.0
3.3
2.8

9.8
9.8
9.9

3.0
2.4
3.2

3.4
3. 1
3.2

11.9
6.6
5.2

18.3
12.1
11.7

0.7
0.8
0.8

WEEK ENDING:
1981-OCT.




NO?.

Special Supplementary Table
Variable Ceiling Time Deposits, All Savers Certificates, and
urchase Agreements
At All Insured Commercial Banks and All Mutual Savings
inks
August 26, 1981, September 30, 1981, and October 28, 1981
(not seasonally adjusted) 1

Insured Commercial Banks
Liability Categories

Mutual Savings Banks

August 26 (September 3o|october 28 August 26 |september 3o|october 28
Amount Outstanding
Amount Outstanding
($ millions)
($ millions)

6-month money market certificates^
(standard error of the estimate)

225,468
(1,833)

227,283
(1,744)

220 ,789
(1 ,622)

53,906
(490)

54,105
(419)

51 ,801

2-1/2 year and over variable
ceiling certificates^
(standard error of the estimate)
All Savers Certificates*
(standard error of the estimate)
Retail repurchase agreements^
(standard error of the estimate)

39,770r
(916)
6
6
6
6

46,017
(1,091)
6
6

51 ,351
(1 ,154)
12 ,807
(270)

14,751*
(239)
6
6

16,525
(265)

17 ,870*

6
6

4 ,243
(263)

6
6

6
6
6
6

(330)

(278)

3 ,299
(61)
1 ,285
(74)

dumber of Offering Institutions Number of Offering Institutions
6-month money market certificates

13,952 r

13,938*

14 ,090*

453 r

452

6

2-1/2 year and over variable
ceiling certificates
All Savers Certificates

13,471*

13,571*

453 r

6
6

6
£

13 ,528 r
6
3 ,960*

452
6
6

6
6

Retail repurchase agreements

6
6

194*

1. Estimates for October are based on data collected by the Federal Reserve from a stratified
random sample of 549 banks and 101 mutual savings banks.
2. Money market certificates (MMCs) are nonnegotiable time deposits in denominations of
$10,000 or more with original maturities of exactly 26 weeks for which the maximum permissable
rate of interest on new deposits is related to the discount yield on the most recently issued
6-month Treasury bill (auction average). See Table 1.16 in the Federal Reserve Bulletin for
specific ceiling rates.
3. This category includes all 4-year and over variable ceiling accounts having no legal minimum denomination issued between July 1 and December 31, 1979 and all 2-1/2 year and over variable ceiling accounts issued since January 1, 1980. See Table 1.16 in the Bulletin for specific ceiling rates.
4. All Savers Certificates are one-year nonnegotiable time deposits that have an annual investment yield equal to 70 percent of the average yield for 52-week U.S. Treasury bills.
5. Retail repurchase agreements are in denominations of less than $100,000 with maturities of
less than 90 days that arise from the transfer of direct obligations of, or obligations fullyguaranteed as to principal and interest by, the U.S. Government or an agency thereof.
6. Information not available,
r—revised.