Full text of H.6 Money Stock Measures : October 18, 1984

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 nfT-^ft Emtcm Timft

H.6 (506)
Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

OCICEEB

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

Date

198J—SEPT.

M3
M2
M2 plus
M1 plus overnight RPs
large time deposits,
and Eurodollars,
MMMF balances (gen. pur. term RPs, term Eurodollars
and institution-only
and broker/dealer), MMOAs,
MMMF balances3
and savings and small
3
time deposits
Seasonally adjusted

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors*

*

518,9
521.6
523.0
525-3

2147.9
2167.2
2182.1
2196.2

2636.7
2656. 4
2686.6
2707.9

3097.9
3114.0
3144.8
3176.3

5060. 1
5124.7
5170.6
5524.8

530.0
532.9
535.1
535.3
541.0
546.2
545.6
546.3
549.0

2206.7
2222.5
2229.9
2242.7
2258.4
2272.0
2281.3
2290.0
2304.7

272U3
2744.3
2765.0
2789.4
2815.3
2836.5
2856.4
2867.3
2665.3

3199.0
3229.1
3270.9
3296.5
3327.5
3368-5
3403o2

5262.7
5340.5
53S4.2
5452.3
5513.9
5566.4
5626.0
56S3.3

1983—SEPT.
OCT.
NCV.
DEC.

516.3
522.3
526.7
537.8

2142.2
2167.1
2181.2
2196.0

2631.3
2655.1
2687.9
2713.9

3085.7
3110.0
3146.0
3187.0

1984—JAM.
FEE.
HAfi.
APE.

534.8
521.8
528. 1
543.2
534.9
545.4
547.3
542.4
546.4

2210.5
2212.3
2230.8
2254.6
2253-4
2273.8
2286.4
2267.4
2298.3

2727. 1
2737.0
2766.2
2798.0
2810.5
2835.2
2855.3
2665.4
2879.7

3210.5
3230.6
3277.2
3308.0
3323.U
3364.6
3395.3

OCT.
MCV.
DEC.

1984—JAN.
FE£.
HAB.
APB.
HAY

JUNE
JULY
AUG.
SEPT. P

18, 1964

Not seasonally adjusted

BAY

JUNE
J01Y
AUG.
SEPT. P

5066.9
5114.4

5156.7
5218.7
5275.8
5321.4
5370.7
5426.5
5487.5
5544.4
5607.7
5674.9

M1

For period ended
13-week average

1984-SEPT. 3
10
17
24
OCT.

1 P

8 P

MOTE:

Seasonally adjusted
4-week average

week average

13-week average

Not seasonally adjusted
4-week average

week average

545.9
546.3
546.6
546.7

546.4
548.1
548.5
548.5

544.9
553.0
549.4
546.6

544.6
545.2
545.5
545.6

541.6
544.0
546. 1
547. 1

557.5
55 i.e
5J6. 5

547.0
546.9

549.4
547.6

548.5
545.6

545.3
544.8

546.7
545.4

54C.9
552.5

542. 4

SPECIAL CAUTION SHOULD BE TAKEN IN INTERPHETIWG iEEK-TO-KEEK CHANGES I» HONEY SUPPLY DATA. HfilCfi ABE
HIGHLY VOLATILE AND SUBJECT TO BEVISION.
P—INDICATES PBELIfllNABY DATA.
FOOTNOTES APPEA8 ON THE FOLLOiING PAGE




H.6 (508)
Table 2

MONEY STOCK, LIQUID ASSETS AND DEBT MEASURES
forc«nt change at seasonally adjusted- annual rates
M1

M2

M3

Debt 1

3 SOUTHS FBOM JJJVE

1 9 8 4 1 0 SEPT.

1984

2.1

5.8

6.9

13*0

6 MONTHS FfiOfl HAB.

1 9 8 4 TO SEPT-

198H

5.2

6.7

8.7

13.2

1 2 aOITHS FBOfl SBPT.

1 9 8 3 TO SEPT.

1984

5.8

7.3

9.4

13.0

THIRTEEN WEEKS EM D U G OCT.
8 , 1984
FBOfi THIRTRBN HBBKS ENDING:

1/

1/

2/

3/

4/
5/

JOLI

9#

1984

( 1 3 H1EKS PBBVIOOS)

3.5

APR.

90

1984

( 2 6 HEBKS PREVIOUS)

5.0

OCT.

10,

1983

( 5 2 VBBKS PBEWIOQS)

5.6

GROWTH BATES FOB DEBT ABE BASSO OH PEBIODS BEGINNING ABO ESDI JIG CHE MONTR EARLIEB THAN FOB THE BOBETABI AGGREGATES,
NAHBLY, SAT 1984 TO AOGOST 1984, FEBBOiBI 1984 TO AOGOST 1984, ABO AOGUST 1983 TO AOGOST 1984, BBSPBCIIVELI.
FOOTVOTES TO TABLE 1
COBSISTS OF (1) CUBBBVCI OUTSIDB THE TRBASUBI, FEOEBAL BESBBfE BANKS, ABO THE VAULTS OF COBBBBCIA1 8AIKS;
(2) TBAfELEBS CHECKS OF BOHBABK ISSUERS; (3) DEHABO DBPOSITS AT AIL COHHEBCIAL BANKS OTBEfi TBAB THOSE DUE TO
DOMESTIC BABKS, THB U.S. GOVBBNBBNT, ABO FOBEIGB BABKS ABO OFFICIAL IMSTIT0I1OBS LESS CASH 11EHS IB THE PBOCESS
OF COLLECTIQM ABO FEOBBAL BBSBBIE FLOAT; ABO (4) OTHBfl CHECKABLE DEPOSITS (OCO) COBSISTIBG OF HBGOTIABLB OBDEB
OF HITHDBAWAL (BOB) ABO AOTOHATIC TBAMSfBB SEB7ICB (ATS) ACCOOMTS AT OEPCSITOBI IHSTITOTIOBS,
CREDIT OHIOB SHABB OBAFT ACCOOHTS AMD OEHABD DEPOSITS AT THBIFT INSTITUTIONS. THE CQBBEBCI ABO OEBABO
DEPOSIT COHPOBEBTS EXCLUDE THE ESTIHATBO AHOUHT OF VAULT CASH ABO OEHABO DBPOSITS, BESFBCXItELl, BBLO BI
THBIFT IBSTITOTIOBS TO SBBVICE THEIB OCO LIABILITIES.
COBSISTS OF Hi PLUS OVBRNIGBT (ABO CONTINUING COBTBACT) BPS ISSUED BI ALL COflBEBCIAL BABKS ABO OYERNICBT EUBODCLLARS
ISSDBD TO U.S. BBSIDEBTS BI FOBBIGB BBABCHBS OF O.S. BABKS WORLDWIDE, HHCAS, SAVINGS ABO SHALL DBBGBIJiATIOH
TIME DEPOSITS (TIME DEPOSITS—IBCLOOIBG BBTAIL BPS—IV AflOOHTS OF LESS TBAB 1100,000), ABO £ALABCiS IV BOTH
TAXABLE ABD TAX-BXEHPT GBBBBAL POBPOSB ABD BBOKEB/OBALBB HOBEI HABKBI HU1UAL FUNDS. BXCLUOBS IBA AVD KEOGH
B ALA ICES AT DEPOSITGBI INSTITUTIONS ABO HO MI* HABKET FOVDS, ALSO BXCLUOBS ALL BALANCES HELD BI H.S. CCBMBBCIAL
BABKS, MONBI HABKBT FOBOS (GBNEBAL POBPOSE IBB BAOKBB/DEALBB), FOBBIGB GOfBBVHEVTS ABO COHHEBCIAL EAVXS, ABO
THE U.S. GOVERNMENT, ALSO SUBTRACTED IS A COBSOLIDATIOB AOJUSTHBBT THAT REPRESENTS THE ESTIHA1B0 AMGOVT
OF OBHABD DEPOSITS ABD fAULT CASH HBLD BI THBIFT INSTITUTIONS TO SBBVICE THEIB IIHE ABO SAYINGS DEPOSITS.
COBSISTS OF H2 PLUS LABGB DBNOHIBATION TIHB DEPOSITS (IN AMOUNTS OF $100,000 OB HOBE) AND 1BBH BP LIABILITIES ISSUED
BI COHHSBCIAL BANKS AND THHIFT INSTITUTIONS, TEBH EUBODOLLABS BBLD BI 0.5. BESIDBNTS AT FOBBIGN BBANCBES OF U.S. C1IKS
WORLDWIDE ABD AT ALL BANKING OFFICES IN THB UNITED KINGDOM AND CANADA, AVD BALANCES IN BOTH TAXABLE AVO TAX-EXEflPI
INSTITUTIONrONLI HONBI HARKET HUTOAL FUNDS. EXCLUDES AMOUNTS HBLD fil DBfOSITOBI INSTITUTIONS, THE U.S. GOVEBNBENI, HONBI
HABKBT FUNDS, AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACtEO IS A CONSOLIDATION AOJUSTBENT THAT BEPBESEVTS
THB ESTIHATBD AHOUNT OF OYEBNIGHT BPS AVD EURODOLLARS HBLD BI INSIITOTIOV-ONLI BONEI HABKET BUIUAL FUVDS.
CONSISTS OF H3 PLUS THE NONBABK PUBLIC BOLOINGS OF U.S. SAVINGS BONOS, SfiOBT-TERB TBBASUBI SBCUBITIES, COHHBRCIAL
PAPEB ABD BANKERS ACCEPTANCES, NBT OF HONEI HABKBT MUTUAL FUND HOLDINGS CF IBESE ASSBIS.
DEBT OF DOMESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CBEDIT MARIET DEBT OF THE UNITED STATES GOYERNBEVI,
STATE AND LOCAL GOYBBNHENTS AND PRIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS OF COBPOBAIE BOV£S, MORTGAGES,
CONSUMER CBEDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COHHEBCIAL PAPEfi, EAVKEBS ACCEPTANCES AVS C1BER DEET
INSTBOHENTS. THE DATA ARE DERIVED FROM THE FEDERAL RESEBVE BOARD'S FLOW CF FUNDS ACCOUNTS. ALL DATA CM DEBT Cf DCHfcSTIC
NONFINANCIAL SBCTOBS ARE PBBSEN1ED IV HCNTH-AVERAGE FORM, DERIVES BI AVEBAGING MONTH-END LEVELS OF ADJACENT HGVIUS. 2BE
DATA HAVE ALSO BEEN ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT HAI ARISE IN THE UNDEBLIIMG FIOU OF FUVDS SXAlISlICS.
THB PRESENTATION OF DEBT DA1A IN THIS RELEASE DIFFERS, THEREFORE, FROM T£E QUAfiTERLI FLOW OF FUNDS STATISTICS CCVIAIaEC IK
IN THB FEOEBAL RESERVE BELEASES Z. 7 AND £.1. IN THOSB RELEASES, PUBLISHID LEVELS OF CBEDII MARKET DBEI ARE BEASOBBO ON A
A QOAITEB-ENO BASIS ABD INCLUDE OISCONTINOITIBS.




H.0|

COMPONENTS OP THE MONEY ITOCK
iHWowa of dollar*, aaaaowaBy aajuatad

oomp MWVttt

Otftor

Da*

Tvavatara
ohaoka*

In MS
«aaoaKt»

4

Jaaoarta

InMP

'
'

ftavlnst
at

onV
;

banka

dasoaHt7
at
ttMrtft
total
ktttttwHofw

ftfTWm
*

Mm© dapotft*'
at
tot*
thrift

oommaictol
bar**
faMtttlfMOIW

at

Lara»Mmt«a»W
at
local

banks"

338.2

420.7

759.0

223.8

69.4

313.2

180.2
179.2
178.2

317-1
315.4
312.9

344.6
350.0
3 53. 1

428.2
435.5
440.0

773.0
785.5
793.1

221.7
224.2
225.5

S3.9
96.6
1C0.4

315.6

32C6
325.9

132.1
130.1
i 128.9

177.7
176.5
176.6

309.9
306.6
305-5

352-9
352.8
353.5

444. 1
448. 1
449.9

797.0
800.9
603.4

227.2
228.3
232.8

106.3
112.0
115.5

332.H
34C.3
346.3

546.7
556.8
564.5

128.6
128.2
128.0

176-9
177.3
177.2

305.5
305.5
305.2

356.0
360.5
365.7

452.4
456.1
463.3

808-3
816.7
629.0

236.4
243.6
249.7

119.5
123.8
129.4

355.S
367.t
379. 1

575.1
577.3
580.6

127.4
126.3
125.9

176.0
174.2
173.9

303.3
300.5
299.8

371.8
377.8
382-1

473.2
483.9
492-2

845.0
861.7
874-3

255.0
255.6
258. 1

134.0
136.3
134.9

38S.1
392.0
393.1

144.8

4.7

243.0

126.4

1629.0

488.8

; 137.4

180.5

317.9

OCT.
NOV.
DEC.

146.0
147.2
148.0

4.8
4.9
4.9

243.6
242.8
243.7

127.2
128.2
128.8

1645.6
1659.2
1670.9

489.2
504.7
511.7

137.0
136. 1
134.6

1984-JAB.
FEB.
HAB.

149.9
150.2
150.9

4.9
5.0
5.0

244-5
243.8
244.0

130-7
133.8
135-2

1676.7
1689.6
1694.8

514.6
521.8
535.1

APR.
HAT
JOKE

151.8
152.9
154.2

5.1
5.1
5.1

245.3
245.2
248.2

133-2
137.8
138-6

1707.4
1717.4
1725.8

JQLT
AUG.
SEPT. P

155.0
156.0
156.6

5.2
5.2
5.2

247.1
245.5
246.5

138.3
139.6
140.7

1735.8
1743.7
1755.8

156.5
156.2
156.3
156.4

243.2
248.6
246.7
245.1

140.1
143. 1
141.2
140. 1

125.9
126.3
126.0
125.6

380.4
361.2
381.9
382.8

255.0
255.4
257.6
260.0

157.3
157.1

247.6
243.1

138.4
140.2

125.4
125.6

384.3
385.0

260.9
261.8

1983-SEPT.

NtatlltltiQfMI

HEBK ENDING

1984
SEPT- 3
10
17
24
OCT.

1 P
8 P

1/

C01BBBCT O0T5IDE Til B.3. TBBASIBf, FEDBRkL BESEBTB BANKS ABD fAOLTS OP COMMERCIAL B A M S . B1CL0OBS TIB BSTIBATID
ABOONT OP flOLT CAS1 BBLB BX TBEIFT IBStlTOTIOBS TO SBfiflCB TBBIB OCD LIABI1HI1S.
2/ OOTSTABDIBC AflOOBT OP O.S. DOLLAfi-DBNOBIBATED THATBLEBS CHECKS OP BOBB1BK ISSUERS. TBAVBLBBS CBBCIS ISSOED £1 OEPGSITCBI
IBSTITOTIOBS ABB IBCLODBD IB DBflABD DEPOSITS.
3/ OBBABO DEPOSITS AT COHHBBCIA1 BA1KS ABD F0BBI6B BELATED IBSTITOTIOBS OTBEB TBAB TBOSB DOB TO DO1BSTIC BANKS, TBB O.S. GOIBBtBEBT ABD FOBBIGB BABKS ABO OFFICIAL IBSTITOTIOBS LESS CASH ITBBS IB TBB PBOCESS OF COLLBCTIOB ABD FEDERAL BBSlBfl fLOAT.
EXCLODES THE ESIIBATED AHOBBT OF DBEAID DEPOSITS HELD AT COMMERCIAL BABKS BI TBBIFT IBSTITOTIOBS TO SIBflCE TBEIB OCD
LIABILITIES*
4/ COBSISTS OF BOB ABD ATS BALABCBS AT ALL DEPOSITOBI IBSTITOTIOBS, CBBDIT OBIOB SBABE DBAFI BALABCES ABD
DBHABD DEPOSIT* AT TBBIFT IBSTITOTIOBS. OTHER CHECKABLE DEPOSITS SBASOBALLI ADJOSTED BQOALS THE DIF11BBBCB BMBB1I TBB
SEASOiALLI ADJUSTED SOB OF DBHABO DEPOSITS FLOS OCD ABD SEASONAL! I ADJOSTED Dill ABD DBPOSITS. IBCLODBS ABE ALL CBILIBG
FBEB "S0PEB BOBS," AOTHORIZ1D BI THE DEPOSITOBT IBSTITOTIOBS DEBEGOLATICB COBBITTEB TO EE CFFEBEC BBCIBBIBG JABUABX 5 #
1983.
5/ SUB OF O7BBBIGBT BPS ABD OfEBIICHT BOBODOLLABS, HONEr HABKBT FOBD BALABCBS <GEBBBAL POBPOSI ABD fiBOKlB/DBALBB),
flSDAS. ABD SAVINGS ABD SHALL TIflE DEPOSITS, LESS THE COflSOLIDATIOB ADJOSTBBBT THAT BEPBESEBTS IBE ES1IHATED ABOUBT OF
DBBABD DBPOSITS ABO fAOLT CASH HELD BI THBIFT IBSTITOTIOBS TO S1BYICE TfiEIE TIflB ABD SATIHGS DEPOSITS LIABILITIES.
6/ SOB OF LARGE TIBE DEPOSITS, TEBH BPS ABD TEfiH EUBODOLLABS OF 0- S- BESIOEBTS, HOMEY HABKET FUBD BALABCES (INSTITUIIGB-.«
OBLT), LESS A CONSOLIDATION ADJUSTI1BBT THAT BEPBESEHTS THE ESTIBATED AHGO1T OF OVEBHIGHT RFS ABD IUBODOLLABS HELD hi
IBSTITOTIOB*OBLY HCBEY BABIBT FUHDS.
7/ SAflBGS DEPOSITS E1CL0D1 BBDAS8/ SHALL DBKOBIHATIOB TlflE DEPOSITS—IBCLODIBG BETAIL B P S — ABE THOSB ISS01D IB AfiOONTS OF LESS THAB £100,000. ALL
IBDIflDOAL BETIBEHEHT ACCOONTS (ISA) ABD KEOGH ACCOUNTS AT COMMERCIAL BA1KS AND THRIFTS ABE SUBTRACTED FBOH SHALL
TIBE DEPOSITS.
9/ LABGB DENOHIHATIOB TIBB DBPOSITS ABB THOSE ISSUED IB AMOUNTS OF $100,000 OR flOBE, EXCLUDING THOSB BOCRED AT
INTERNATIONAL BANKING FACILITIES.
10/ LABGE DBHOHIBATICN TIME DEPOSITS AT COflflEBCIAL BANKS LESS THOSE HELD BT HOBEY MARKET HOTUAL FUNDS,
DEPOSITOBT INSTITUTIONS AND FOREIGN BANKS AMD OFFICIAL INSTITUTIONS.




H.6 (506)
Tabla4

COMPONENTS OF LIQUID ASSETS AND DEBT
Billions of dollars, aaaaonaily adjustad

Date

aavingt bonds

Non-M3 components of L
bankara accaptancaa1
shorMarm traatury
aacuritiat1

cofnntarcial

fadaraJdafct

Paot componants*
non-fadaral dabt

70.3
70.5

222.9
221.6

43.6
43.8

121.0
125.3

1122.4
1137.1

3914.5
3943.0

OCT.
HOY.
DEC.

70.7
70.8
71.0

218.5
217.2
223.3

42.8
43.0
43.4

125.7
126.9
130.8

1151.3
1163.6
1173.1

3973.4
4007. Q
4051.7

1984-JAN.
FEB.
HAB.

71.2
71.7
72.2

226.6
231.8
245.8

42.8
41.7
42.6

137.1
139.6
145.4

11S2.2
1216.2
1224.9

4090.4
41241.3
4169.3

APB.
HAT
JOKE

72.5
72.8
73.0

241.8
240.0
252.1

43.3
45.4
47.1

149.5
154.0
159.9

1236.5
1252.5
1260.2

4215.8
4261.4
4306.3

JULI
AUG. P

73.2

262.8

47.5

163.2

1276.8
1299.3

4351.2
4394.0

1983-AOG.
SEPT.

1/
2/
3/
4/

CONSISTS OP U.S. TBEASUBY BILLS AMD COUEONS KITH BEHAINING BATOBITIES OF LESS THAN 12 HOMTflS HELD BY CIHEfi THAU DEEOSIIOBX
INSTITUTIONS, FEDEBAL BESEBVB BANKS, HONEY HABKET HUTUAL FUNDS AID FOBEIGN ENTI1IES.
NET OF BANKEBS ACCEPTANCES HELD BX ACCEPTING BANKS, FEDEBAL BESEBYE BANKS, FOBEIGN OFFICIAL INSTITUTIONS, THE
HOHE LOAN BANK SISTEfl AND HONEY HABKET flUTOAL FUNDS.
TOTAL CCHHEBCIAL PAPEB LESS CCHHEBCIAL PAPEB HELD BX HONE* MARKET HUTUAL FUNDS.
DEBT DATA ABE ON A BONTULI AVEBAGE BASIS, DEBIVED BY A?EBAGING EftD-OF-HONTH LEVELS OF ADJACINT HON1BS, AND BAY£ BEEN
ADJUSTED TO BEHOVE DISCONTINUITIES.




H.6 <508)
Table 5

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

Date

1

Currency

144.3

1983-SEPT.

checks

2

5.0

Demand
deposits3

242.0

at commercial
banks4

93.4

at thrift
institutions*

31.6

Nontransactions components
total

124.9

in M2

f

1626.0

7

in M3 only

489. 1

Overnight
RPs'

Overnight
Eurodollars'

General
purpose and
broker/dealer
money market
funds

42.8

10.7

1J7.9
137.5
138.8
138.2

4.8
1.6
1.6

244.8
245.2
251.6

94.3
95.6
97.7

32.7
33^3
33.5

127.0
128.9
131.2

1644.8
1654.5
1660.2

487.9
506.7
516.0

45.3
44.9
44.8

11.7
10.3
11.4

4
4
J

1.6
1.7
1.8

249.4
237.9
239.4

99.2
97.8
99.7

33.2
33.2
34.4

132.5
130.9
134. 1

1675.7
1690.5
1702.7

516.7
524.7
535.4

47. 1
48. 1
47.0

11.5
11.4
11.3

137.8
142. 1
144.8

151.5
152.9
154.9

4.8
5.0
5.4

247.8
241. 3
247.0

102,8
99.7
101. 1

36,2
36.0
37.0

139.0
135.8
138.1

1711.4
1718.5
1728.3

543.4
557.2
561.4

46.4
47.0
43.9

11.1
12.1
12.6

145.9
146.5
148. 9

156.3
156.5
156.4

5.8
5.7
5.5

247.5
242.9
245.4

100.4
100.2
101.2

37.3
37. 1
37.8

137.7
137.3
139. 1

1739.1
1745.0
1751.9

568.9
578.0
581.4

43.2
45.1
44.0

13.3
13.2
12.4

150.5
15C.5
151.9

156.7
157.7
156.4
155.5

242.2
251.4
249.2
239.5

100.6
104.0
102.6
99. 1

37.3
38.9
38. 1
37.0

138.0
142.9
140.7
136. 1

45.2
43.9
43.8
44.3

13.3
11.3
12.1
13.5

15C.6
15C.9
15*.3
152.4

155.2
158.1

243.9
247.2

98.9
102,7

37.5
39.2

136.4
141.9

43.5
43. 1

12.3
11.9

152.7
153.2

OCT.
NO?.
DEC

145.7
147.9
150.5

4
i

1984-JAB.
FEB.
BAB.

148.4
148.3
149.8

API.
HAT
JUNE
JOII
AUG.
SEPT. P
IEER ENDING:
1984-SEPT.

OCT.

1/
2/
3/
4/
5/
6/
7/
8/
9/

3
10
17
24
1 P
8 P

COBHEMCI OOTSIDE TBE O.S. TBEASOBY, FEDERAL RESEfifE BANKS AMD THE VAULTS OF COMMERCIAL BAMKS. EXCLUDES THE ESIIBA1ED
AMOUNT OF VAULT CASH HELDfiTTBBIFT INSTITUTIONS TO SEBVICE THEIR OCX) L1AEILI1IES.
OUTSTANDING AMOUNT OF O.S. DOLLAB-DENOHINATED TRAVELERS CHECKS CF NGNBAKK ISSUERS. TRAfELEBS CHECKS ISSUED El DEPCSITOBI
INSTITUTIONS ABE INCLUDED IN DBHAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DOE TO DOMESTIC BAKKS, THE U.S. GOVEBNHENT AND IOBBIGN BANKS AMD
OFFICIAL INSTITUTIONS, LESS CASH ITEHS IN THE PROCESS OF COLLECTION AND F.B. FLOAT, LESS TBE BSTIBATED ABOUNI OF DEMAND
DEPOSITS HELD AT COBHEBCIAL BANKS BT TBBIFT INSTITUTIONS TO SERVICE THEIB OCD LIABILITIES.
CONSISTS OF NOW AND ATS B1LANCES AT COMMERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AID BDGE ACT
CORPOBATIONS. INCLUDES SUPBR NOBS OF $31.9 BILLION IN THE WEEK ENDED SEPTEMBER 24, $31.9 BILLION IN IHE HEEK ENDED OCTOBER
1, AND $32.7 BILLION IN THE WEEK ENDED OCTOBER 8.
CONSISTS OF NOi AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHAfiE
DBAFT BALANCES. AND DEMAND DEPOSITS AT THRIFTS. INCLUDES SUPER NOWS OF 111.9 BILLION IN THE WEEK ENCEC SEPTEMEEB 24, 12.1
BILLION IN THE WEBK ENDED OCTOBER 1, AND $12.5 BILLION IN IHE WEEK EKDID OCICEEB 8.
SUM OF OfBENIGHT RPS AND EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND EBOKER/DEALEB), HHDAS AND SAVINGS
AND SHALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAUL1 CASH HELD BI IHBIFT I liSTITUTICNS IC SEBVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LABGE TIME DEPOSITS, TERM RPS AND EURODOLLARS OF U.S. BESIDENTS, MONEY MARKET FUND BALANCES (INSTITUIION-OULY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT 6PS AND EURODCLIARS HELD EY INSllTUIICfc-CNLI
HONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL EAMKS TO OTHER THAN DEPOSITOBY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN BBANCHES OF U.S. BANKS WORLDWIDE TO U.S. RESIDENTS CTHER 1HAH DEPOSITORY INSTIIUTICHS AND
HONEY MARKET MUTUAL FUNDS (GENERAL FURPOSE AND BROKER/DEALER).




fable 5-continued

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

Date

Money market deposit accounts
at
at
thrift
commercial
total
banks
institutions

at
commercial
banks

JSavings deposits
at
thrift
institutions

total

Small denomination time deposits2
at
at
thrift
commercial
total
banks
institutions

Large denomination time deposits3
at
at
commercial
thrift
total
4
banks
institutions

221.1

148.4

369.5

136.4

179.8

316.2

337.3

419.0

756.3

224.2

90.5

314.8

OCT.
BO?.
DEC.

223.4
227.1
230.0

147.1
145.8
145.9

370.5
372.9
376.0

135.8
133.7
132.0

180.1
178.3
176.5

316.0
312.0
308.5

343.9
348.9
351.0

427.5
434.2
437.6

771.4
783.1
788.6

222.1
225.5
229.0

95.8
98.3
100.7

317.9
323.7
329.7

1984-JAN.
FEB.
HAB.

234.2
238.3
242.6

146.2
147.7
149.9

380.3
386.0
392.5

131.3
129.9
130.2

176.2
175.3
177.0

307.4
305.2
307.2

353.7
355.4
356.0

445.7
450.0
451.6

799.4
805.4
807.6

229.3
229.7
233.1

105.7
111.2
114.2

335.0
340.9
347.3

APB.
HAT

JUNE

245.4
244.3
244.9

151.0
150.2
148.0

396.4
394.6
392.9

130.5
129.9
129.7

178.1
178.3
178.9

308.7
308.2
308.6

356.5
360.5
365.4

454.2
457.2
463.6

810.7
817.6
829.1

233.7
241.6
247.3

118.2
123.3
128.2

351.9
364.9
375.4

JOLY
AUG.
SEPT. P

243.9
242.6
243.8

145.0
140.6
138.3

388.9
383.1
382.1

128.9
126.4
124.7

178.1
174.1
172.8

307.0
300.5
297.5

370-7
377.5
381.5

473.0
462.4
490.1

843.8
859.9
871.6

251.7
255.9
259.1

132.8
136.6
136.7

384.5
392.5
395.8

1983-SBPT.

SEEK ENDING
1984
SEPT. J
10
17
24

243.1
244.6
244.5
242.9

125.2
125.4
124.8
124.1

379.6
380.5
3ei.3
382.3

256.7
256.5
258.1
260.9

OCT.

243.5
245.1

124.3
124.8

383.0
363.8

262.2
262.8

1/
2/
3/
4/

1P
8 P

SATINGS DEPOSITS EXCLUDE HHDAS.
SHALL DENOMINATION TIttE DEPOSITS ~ INCLUDING RETAIL EPS — ABE THOSE ISSUED III A1100UTS OF LESS THAR $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AMD THRIFTS ARE SUBTRACTED FROM SHALL
TIHE DEPOSITS.
LABGB DENOHISATIOM TIHE DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OB BORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LABGE DENOfllNATION TIHE DEPOSITS AT COHHERCIAL BANKS LESS THOSE HELD BY HONEY MARKET HUT0AL FUNDS, DEPOSITORY
INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




M.6(508)

Table 5-continued

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

lei in RPs
Data

Institution
only mo nay
market funds

38.8

1983-SEPT.

at commercial
banks

31.9

at thrift
institutions

16.1

total

48.0

Term
Eurodollars2

90.7

Savings
bonds
70. U

NonM3Co mponents of L
Short-term
Bankers
treasury
acceptances4
securities9

216.7

Components of Debt
Commercial
paper*

Federal debt*

Non-Federal9
debt

43.8

123.5

1134.0

3932.8

1147.6
1158.0
1170.2

3966.8
4000.8
4048.5

OCI.
NOV.
DEC.

39.8
40.6
40.3

30.6
35.3
36.4

16.7
18.1
19.6

47.3
53.4
56.0

86.8
91.7
93.4

70.7
71.0
71.3

216.4
215.7
222.8

43.0
43.4
44.8

124.8
128.0
134.1

1984-JAE.
FEE.
MAR.

40.6
41.6
41.8

34.2
35.7
35.4

19.1
18.8
20.6

53.3
54.5
55.9

90.6
90.7
93.9

71.6
71.8
72.1

230.2
239.6
253.1

43.8
42.3
42.2

137.8
139.9
143.6

1189.8
1210.7
1223.6

4086.0
4110.6
4147.1

IPB.
JOIE

41.8
42.0
42.3

36.2
35.7
32.5

23.6
25.9
27.1

59.8
61.6
59.6

93.3
93.3
88.3

72.3
72.6
72.8

246.2
240.8
249.0

42.6
44.9
46.4

148.9
154.7
161.1

1235.9
1248.7
1255.8

4190.6
4238.8
4288.6

J01Y
AUG.
SEPT. P

42.6
42.7
43.2

31.4
34.3
34.9

28.2
29.0
29.6

59.6
63.3
64.5

86.5
84.1
82.8

73.0

256.0

46.7

164.2

1270.8
1295.8

4336.9

42.7
42.3
42.7
43.3

33.3
34.4
36.3

44.9
45.2

35.8
36.1

HAY

4379.2

•BBK BIDING:
1984-SEPT. 3
10
17
24

OCI.

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

1 P
8P

35.0

TEBH EPS ABB THOSE BITB ORIGINAL MATURITIES GBEiTEB THAU ONE DAI, EXCLUDING CONTINUING COMTBACTS AHD FETAIL BPS.
TEBH EOBODOLLARS ABE THOSE W I H OBIGIVAL MATURITIES GBEATEB TflAH OHE DAY. CONSISTS OP THOSE ISSUBD TO 0.S. BESIDENTS BY
FOBEIGN BRANCHES Of U.S. BANKS WORLDWIDE AMD BY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EICLDDES THOSE HELD
BY DEPOSITOBI INS1I10TIONS AND HONEY HABKET BUTOAL FUNDS.
CONSISTS OF O.S. TBEASOBY BILLS AND COUEONS WITH REMAINING HATURITIES OF LESS THAN 12 HONTHS HELD BY CTHER THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, BOSEY HARKET MUTUAL FUNDS, AND FCBEIGK ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS. FOREIGN OFFICIAL INSTITUTIONS. THE FEDERAL
HOHE LOAN BANK SYSTEM AND HCNEY MARKET BUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY HONEY MARKET MUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS. DERIVED BY AVERAGING END-OF-MONTU LEVELS OF ADJACENT MONTHS, AND HAVE EEEB
ADJUSTED TO REMOVE DISCONTINUITIES.




H6(506)
Table 6

MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted
Demand deposits at banks due to

Date

foreign
commercial
banks

1983-SBPT.

foreign
official
Institutions

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

IRA and Keogh Accounts

U.S. government deposits
demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

note balances
at commercial
banks
and thrift
Institutions

total demand
deposits and
note and
FR balances

time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

8.1

2.0

7.3

3.2

7,4

14.8

25.3

0.8

28.5

37.6

5.0

71,1

OCT.
NOT.
DEC.

8.0
8.4
8.2

1.9
2.0
2.0

7.1
7.2
7.1

2.1
2.7
3.0

7. 1

22.0

2.9
3.6

4.7
7.8

31.8
10.4
14.4

0.8
0.7
0,7

28.9
29.5
30. 1

37.8
38.3
39.5

5.1
5.1
5.0

71.8
72.9
74.6

1984-JAB.
FBB.
BAB.

8.3
8.5
8.1

.8

I.9
I.9

7.0
6.8

3.1
3.1
3.0

4.7
4.5
4.0

16.5
19.2
14.5

24.2
26.8
21.5

0.9
0.9
0.9

31.0
32.7
34.7

41.0
42.8
44.6

5.2
5.5
5.7

77.3
61.0
85,0

7.5
4.2
J.8

12.7
10.0

24.0
16.9
16.1

0.9
0.9
0.8

38.3
39.5
40.1

47.6
49.2
50.0

6.2
6.3
6.2

92.1
95.0
96.3

9.0
7.5

15.8
13.9
23.7

0.8
0.8
0.8

40.6
41.4
42.0

50.7
51.0
51.2

6.2

6.3e
6. 3e

97.5
9€.7e
9S.5e

14.0
14.6
20.9
32.5

0.8
0.8
0.8
0.8

32. 1
16.0

0.8
0.8

6.9

API.
BAI
JOBB

8.0
8.2
8.1

I.7

7.2

I.9
I. 8

7.4

7.5

3.8
2.7
3.9

JOLI
AUG.
SEPT.P

8.2
8.0
8.0

I.8
I. 8
.9

7.3
7.5
7.6

2.8
2.9
3.4

4.0
3.6
6.2

8.1
8.3
7.9
7.9

1.8
1.9
U9
1.9

7.5
7.6
7.6
7.6

2.3
3.2
4.8
3.3

4.1
3.9
5.6
8.4

10.5
20.7

7.7
8.3

2.0
1.7

7.5
7.3

2.6
2.8

7.7

21.7

4.6

8.6

6.5

14.1

BBBK ENDING:
1984
SECT.

OCT.

3
10
17
24
1 P
8 P

estimated




7.5
7.4

SPECIAL SUPPLEMENTARY TABLE
Monthly Survey of S e l e c t e d Deposits and Other Accounts
At A l l Insured Commercial Banks and All Mutual Savings Banks 1
August 29, 1984 and September 26, 1984
(not s e a s o n a l l y adjusted)

Liability Categories
"Super NOW" accounts 2
(standard error of the estimate)
Money market deposit accounts 3
Interest-bearing time deposits with
balances of less than $100,000
with original maturities of: 4
7 to 31 days
(standard error of the estimate)

Amount Outstanding ($mil)
August 29
September 26
31,518
(717)
242,438

31,259
(463)
242,834

Average Rate Paid ( I )
August 29
September 26

Number of
August 29

ssuing Banks
September 26

7.65

7.62

12,071

11,837

9.32

9.34

12,753

12,869

4,773
(410)

4,993
(476)

9.47

9.48

7,863

7,714

32 to 91 days
(standard error of the estimate)

17,141
(732)

17,364
(713)

9.87

9.79

13,221

3,338

92 to 182 days
(standard error of the estimate)

168,853
(2,496)

167,737
(2,305)

10.94

10.85

13,892

13,845

52,908
(1,408)

54,405
(1,385)

11.22

11.15

12,872

12,682

over 1 year to 2-1/2 years
(standard error of the estimate)

64,814
(1,422)

66,725
(1,429)

11.56

11.52

13,505

13,411

2-1/2 years and over
(standard error of the estimate)

108,435
(1,668)

107,947
(1,605)

11.74

11.70

12,849

12,813

All IRA/Keogh Plan deposits 5
(standard error of the estimate)

41,712
(205)

42,129
(213)

(N.A.)

(N.A.)

13,254

13,207

Retail repurchase agreements6
(standard error of the estimate)

1,228
(211)

1,259
(229)

9.40

9.16

2,930

2,930

183 days to 1 year

Liability Categories

State-Chartered Mutual Savings Banks
Average Rate Paid (Z)
Number of Issuing Banks
Amount Outstanding ($mil)
September 26
August 29
September 26
August 29
August 29
September 26

"Super NOW" accounts 2
(standard error of the estimate)

799
(4)

797
(3)

7.77

7.76

222

221

Money market deposit accounts 3
(standard error of the estimate)

25,587
(105)

25,670
(78)

9.68

9.69

358

362

Interest-bearing time deposits with
balances of less than $100,000
with original maturities of: 4
7 to 31 days
(standard error of the estimate)

217
(30)

225
(30)

9.48

9.30

116

123

32 to 91 days
(standard error of the estimate)

798
(78)

904
(79)

9.75

9.78

269

27 3

92 to 182 days
(standard error of the estimate)

26,944
(157)

27,432
(86)

11.68

11.39

352

354

183 days to 1 year
(standard error of the estimate)

8,712
(i71)

9,204
(116)

11.89

11.68

309

306

over 1 year to 2-1/2 years
(standard error of the estimate)

9,965
(392)

10,400
(242)

11.91

12.00

341

347

2-1/2 years and over
(standard error of the estimate)

21,006
(178)

20,616
(190)

12.23

12.15

3'4l

339

All IRA and Keogh Plan deposits 5
(standard error of the estimate)

8,203
(186)

8,372
(174)

(N.A.)

(N.A.)

360

360

Retail repurchase agreements6
(standard error of the estimate)

113
(61)

115
(61)

10.04

10.19

64

71

N.A. - Data not a v a i l a b l e .
1. Estimates are based on data c o l l e c t e d by the Federal Reserve fro* a s t r a t i f i e d random sample of about 550 banks
and 75 mutual savings banks. Until the end of September 1983 data were c o l l e c t e d concerning s p e c i f i c indexedc e i l i n g and c e i l i n g - f r e e deposit accounts. Effective October 1, 1983, the DIDC deregulated time d e p o s i t s , and
t h i s survey now provides information on a l l small i n t e r e s t - b e a r i n g time deposits by maturity category. The data
presented for the end of October are not d i r e c t l y comparable to s p e c i f i c account data published previously, but
include those balances.
2. "Super NOW" accounts are NOW accounts containing an agreement between depositor and depository such t h a t ,
provided certain conditions—including a $2,500 minimum balance—are met, some or a l l funds deposited are e l i g i b l e
to earn more than 5.25 percent.
3 . Money market deposit accounts (MMDAs)—Deposits with a $2,500 i n i t i a l and average balance requirement, no
required minimum maturity but i n s t i t u t i o n s must reserve the right to require at l e a s t seven day's notice prior to
withdrawal, no r e s t r i c t i o n s on depositor e l i g i b i l i t y , or l i m i t a t i o n s on the amount of Interest that may be paid
•inless the average balance f a l l s below $2,500 during which period the NOW account rate c e l l i n g a p p l i e s ; such
accounts may allow up to six transfers per month, no more than three of which may be draft and may permit unlimited
withdrawals by mall, messenger, or in person. Estimates for t h i s category of deposits are based on data c o l l e c t e d
by the Federal Reserve from weekly deposit reports submitted by about 10,500 commercial banks.
4. All interest-bearing time c e r t i f i c a t e s aad open account time deposits with balances of l e s s than $100,000,
including those held in IRAa and Keogh Plan d e p o s i t s .
5. All IRA/Keogh Plan time deposits regardless of s i z e , type of instrument In which held, or i n t e r e s t rate paid.
6. Retail repurchase agreements are in denominations of l e s s than $100,000 with maturities of l e s s than 90 days
thv. artc? from the transfer of direct obligations of, or '-Mig.itions fully-guaranteed as vr» principal and i n t e r e s t
h\r. the U-S. Government or an ager.cy ihexeof.