Full text of H.6 Money Stock Measures : October 24, 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

•mm*
H.6(508)

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

OCTOB1B 24, 1905

Billions of dollar*
M1
Sum of currency,
travelers checks.
demand deposits and
other checkable deposits'

Date

M2
M1 plus overnight RPs
and Eurodollars,
and broker/dealer), MMOAa,
and savings and small
time deposits1

M3
M2 plus
large time deposits,
term RPa. term Eurodollar*
and institution-onry
MMMF balances'

L

Debt

143 Dlua other
liquid assets4

Debt of domestic
nonfinancial sectors5

Seasonally adjusted

1984— SEPT.
OCT.
NOT.

DEC.
1 9 8 5 — J 4 B.
FEB.
BAB.
APB.
BAT

JUNE
JOLT
406.
SEPT.

551.5
548.3
553.8
558.5

2308.4
2319.3
2346.3
2371,7

2901.0
2925. 1
2959.9
2995.0

3452.1
3473.5
3501.8
3539.4

5711.1
577J.8
5850.9
5927.1

562.7
569.4
572.1
574.9
581.6
591.2
595.8
605.9
611.6

2398.9
2421.0
2429.6
2427.7
2444.9
2472.9
2490.5
2513.6
2528.2

3020.5
3041.0
3055. 9
3056.6
3076.0
3103.0
3114.2
3138.0
3163.4

3562.0
3593.4
3621.2
3623.1
3640.2
3669.1
3686.5

5994.0
6049.8
6103.1
6163.4
6226.2
6287.3
6349.7
6410.3

Not seasonally adjusted

1*84—SEPT.
OCT.
BO¥.
DEC

548.!
548.;
555.!
570.4>

2298.8
2316.6
2344.4
2376.7

2890.9
2920.6
2960.4
3002.2

3441.6
3469.0
3502.2
3540.9

5696.1
5760.8
5837.7
5920.9

1 9 8 5 — JAB.
FEB.
BAB.
APB.
BAT
JOBB
JOH

568.i1
558.1
564.!
581.4
576.,
592.:
599.
601.1
608..

2404.2
2414.5
2429.9
2439.6
2441.0
2476.7
2496.5
2506.9
2516.9

3024. 2
3034.3
3057.6
3068.5
3073.9
3105.7
3116.4
3132.8
3151.6

3566.8
3589.9
3627.5
3637.3
3635.1
3672.3
3688.5

5985.9
6028.2
6075.6
6134.9
6198.3
6262.4
6326.4
6J88.2

AUG.

SEPT.

M1
ror penoo •nova

9
16
23
30

598.3
600.1
601.7
603.0
604.4

606.7
609.3
610.4
610.8
612.1

609.5
613.7
610.2
609.6
614.8

598.0
599.6
601.0
602.1
602.8

600.4
604.0
606.8
60d*1
608.7

600.4
619.3
613.9
598.7
602.7

7
14 P

605.6
606.6

611.6
610.4

611.9
605.1

603.5
604.J

608.6
604.5

619.0
613.5

1985-^BPT. 2

OCT.

VOTE:

Not seasonally adjusted

Seasonally adjusted

SPECIAL CAOTIOB SHOULD BB TAfiEB IB IBTBBPBETIB6 BEEK-TO-BBBE CBABGBS 1M HO MET SiiBMt
BIGBLY TOLA T U B ABD SUBJECT TO BBVISIOB.
P— IBO2CATES PBELIBINAfiX DATA.
FOOTBOTES APPBAB OB TH£ FOLLOBIBG PAGB




OA1A9 UtilCH A££

H.6(506)
Table 2

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

Ml

M2

M3

Debt1

3 MONTHS FROM JUNE

1985 TO SEPT. 1985

13.8

8.9

7.8

11.8

6 BOBTHS PHOH HA&.

1985 TO SEPT, 1985

13.8

8.1

7.0

• 1.9

12 HOBTHS FROM SEPT. 1984 TO SEPT. 1985

10.9

9.5

9.0

U.3

THIRTEEN WEEKS ENDING OCT. 14, 1985
FIOB THIBTBBB WEEKS ENDING:

1/

1/

2/

3/

%/
5/




JOLI

15, 1985 (13 iBBKS PBBflOUS)

14.)

APR*

15, 1985 (26 IBBKS PBBflOUS)

12.8

OCT.

15, 1984 (52 BBEKS PBBVIOUS)

10. *

GBOVTH filTBS FOB DBBT ABB BASED OB PERIODS BBGIHBIBG ABO BNDIBG OBB BOBTB EABLXBB TBAB FOB 1MB HONBTABY AGGREGATES,
NAHBLY, BAI 1 9 8 5 TO A0G0ST 1 9 8 5 , FBBBOABI 1 9 8 5 TO AUGUST 1 9 8 5 , ABO A0GO S I 1 9 8 4 TO A0G0ST 1 9 8 5 , BESPBCXIfBLI.
FOOTMOTES TO TABLE 1
CPBSISTS OF ( 1 ) CUBBBBCI OOTSIDB THE TBBASUBI, FBOBBAJ. BBSBBfB BABKS, ABO TBB fAULTS OF COBBBBCIAL BANKS:
(2) TBAVBLBBS CHECKS OF BOBflABK ISSUERS;
( 3 ) DBBkBD DEPOSITS AT ALL COBBEBCIAL BABKS OTHBB IUA4 THOSE DOB TO
008BSTIC BABKS, TBB U . S . GOVERNMENT. ABO FOREIGN BABKS AMO OFFICIAL IBSTITOTIOBS LESS CASH 1TMBS I B TUB PBOCESS
OF COLLECTION ABD FBDERAL RESERVE FLOAT a ABO ( 4 ) OTBBB CHECKABLE DEPOSITS (OCDJ COBSISTIBG OF NEGOTIABLE OBOBB
OF VITHOBABAL (BOB) ABO AUTOMATIC TBABSFBB SBBflCB (ATS) ACCOOMTS AT DBPCSITOBI IBSTITOTIOBS,
CREDIT OBIOB SBABB ORAfT ACCO0BTS ABO OBBABO DBPOSITS AT TBBIFT IBS*ITOTIONS.
TUB CUBBENCY ABO DEflABfi
DEPOSIT COBPOBEBTS BXCLODB THE BSTIBATEO ABOUBT OF VAULT CASH ABO OEBABD DEPOSITS. BBSPECTIfELY, HELD BI
TBBIFT IBSTITOTIOBS TO SERVICE THBIB OCO L I A B I L I T I E S .
COBSISTS OF 8 1 PLOS OYBBBIGBT (ABO COBTIBOIBG COBTBACT) BPS ISSOED B I ALL COBBBBCIAL BABKS ABO OVERNIGHT BOBOOOLLABS
ISSOEO TO O . S . BESIOBBTS B I FOBEIGB BRANCHES OF U . S . BABKS UOBLDBIDB, MBOAS, SAYIBGS ABO SJALL OfiNOBINATION
TIBE DEPOSITS (TIBE DEPOSITS—IBCLOOIBG BBTAIL M93--1B
ABOOBTS OF LESS TBAB 1 1 0 0 , 0 0 0 ) , AMD fiALABCES IB BOTM
TAIABLE ABO T A I-EXEMPT GENERAL PUBPOSE ABO BROKER/DEALER BOBBY BABIET BOTOAL FOBOS. BXCLOOBS IBA ABO BBOGU
BALABCBS AT OBPOSITOBI IBSTITOTIOBS AMO BOBBY BASKET FOBOS. ALSO EXCLUOBS ALL BALABCBS HBLO B I U . S . COHABBCIAL
BABKS, HOMEI flABKBT FUBOS (GBBBBAL POBPOSE ABO BROKBR/DBALBB), FOBEIGfl GOfBBBBBBTS ABD COMMERCIAL BABKS, ABO
THE U . S . GOTEBBBEBT.
ALSO SUBTRACTED I S A CONSOLIDATION AOJUSTBBBT THAI BEPBBSEBTS THE ESTIMATED AalOttBT
OP DBBABD DEPOSITS ABO YAULT CASH HELD BY THBIFT INSTITUTIONS TO SBB1ICB TBBIB TIBE ABO SAYIBGS DEPOSITS.
COBSISTS OF B2 PLUS LABGE OBNOBIBATION TIBE DEPOSITS ( I N AttOUNTS OF 1 1 0 0 , 0 0 0 OB BOBEJ AND IBM* BP LIABILITIES I S S U 1 0
BY COflBEBCIAL BABKS ABO THBIFT IISTITOTIONS, TEfiB BUBODOLLABS HELD BY O . S . BESIDBNTS AT tOBBlGB BBkBCBBS OF U . S . BANKS
HOBLDHIOE ABO AT ALL BANKING OFFICES IN THE UNITED KINGOOB AND CANAOA, AND BALANCES I B BOTH TAXABLE AND TAX-BXBBF1
a i g K K
i ? H 1 T 0 T I O I I " O I I L T *0*E1
BOTOAt FUBOS.
B1CL9DBS ABOUNTS BBLO BY OEPOSITOBY INSTITUTIONS. THE Q.S. G0VBBBBEN1, BOBBY
2 i i ? W « » S # AND FOBEIGN BABKS AND OFFICIAL INSTITUTIONS.
ALSO SUBTBACTEO IS A CONSOLIDATION AOJOS2BBNT THAT BBBBBSBBtS
THE ESTIMATED ABOONT OF OVEBNIGHT BPS AND BUBOOOLLABS HBLD BY IBSTITOTION-ONLY HONEY HABKBT BUTUAL FUNDS.
CONSISTS OF H3 PLOS THE NONBANK PUBLIC HOLDINGS OF U . S . SAVIBGS BONOS# SBOBT-TEfiH TBEASUBY SECURITIES- C0HHBBC2AL
PAPEB AND BANKEBS ACCEPTANCES, BET OF BOBBY BABKBT BUTUAL FUND HOLOINGS CF THESE ASSETS.
DEBT OF DOMESTIC BONFINANCIAL SECTOBS CONSISTS OF OUTSTANDING CBBDIT HABKBT DEBT OF TBB ONIIED STATES GOYBBNNBMT,
STATE AND LOCAL GOVBANBBNTS AND PBIVATB NONFINANCIAL SBCTOfiS.
PBIVATE 01BT CONSISTS OF COBPOBAIE BONOS, HOBTGAGIS,
CONS0BE* CREDIT (INCLUDING BANK LOANS), OTHBB BANK LOANS, COBflBBClAL P A P f i , EANKEBS ACCEPTANCES AND OTHBB DBBT
fcll
S
T U E D A T A kUE
D M I ¥ B D
5!l-I^!f
T '
* * ° * * « FBi>EMAL HBSEBVE BOAttO'S FLOH CF FUNDS ACCOUNTS.
ALL DATA ON DEBT OF DOBiSTIC
n?H
SECTORS AkE PEES EM TED IN HONTH-AVEBAGB FOBB, DEBIIfBD BY AVERAGING HONTH-BND LBV&LS OF ADJACENT MONTHS. THE
DATA HAVE ALSO BEEN ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT BAY ARISE IN THE UNDERLYING FLOH OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFERS, THEREFORE, FfiOfl THE QUARTERLY FLO* OF FUNDS STATISTICS CONTAINED IN
7 J i ? L F I D E 1 A L B E S E B ? E aW^ASES Z . 7 AND Z . I . IN THOSE RELEASES, POBLISHED LfiVILS OF CRBDII HAHKET DEti ARE HBASOHED ON A
A ttUARTBR-END BASIS AND INCLODE DISCONTINUITIES.

H.6<308)
>3

COMPONENTS OF THE MONEY STOCK
Ullton* of doltart, MMOMlly adtuttod
Othar

Date

Currency

1

Travatoii
chacki

Oamand
dsposlts'

daposlts*

Nontranaactlona
comptwants
inM21
only*
tnftl*

Saving* dapoalts7
at
at
thrifi
total
cofwnafcial
Inatltutk
1 bank*
DftS
1

S a l * ctad nontranflact* MIS itami I
Small ttma dapoalts9
at
at
thrift
comm*nclal
total
banks

at

M tlma dapoalts'
at
total
thrift
institutions

156.8

5. 1

247.5

142.2

1756.9

592«. 6

126.1

168. 5

294.6

381, ,7

482. 6

864. 5

258.0

138.0

J96. 0

OCT.
NOV.
DEC.

157.1
157.9
158.7

5. 0
5. 1
5. 2

244.5
246.8
248.6

141.8
143.9
146.0

1771.0
1792.5
1813.3

605, >8
124.9
613, .6
123.8
623. .3 : 122.6

167. 7
166. 9
166. 0

292.6
290.7
288.6

383. . 1
384. ,5
387. 0

489. 6
494. 0
496. 6

872. 7
878. 5
665. 6

263.2
263.6
264.4

141.9
147. 1
151.8

405. 2
410. 7
416. 2

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

1836.2
1851.6
1857.5

621. .6 1 121.6
620, .0
121.4
526 4,3
120.3

166. 9
168. 0
168. 4

288.6
289.4
288.6

384, 7
382. 0
382. 8

497. 2
495. 6
495. 6

861. 9
877. 6
878. 6

262.3
264.4
269.4

154.6
15</.2

416. 9
419. 3
423. 6

APR.
MAI
JUNE

161.7
163.1
164.5

5. 5
5. 5
5. 7

252.5
255.8
260.7

155.3
157.3
160.3

1852.7
1863.3
1881.7

628, 9
631. 1
630. 0

119.6
120.4
121.9

168. 3
168. 9
170. 1

287.8
289.3
292.0

387. 6
390. 0
390. 7

497. 8
502. 0
503. 5

885. 3
692. 0
894. 2

273.0
272.1
267.7

154.4
156. 1
156.4

424. 2

JULI
AUG.
SEPT.

165.4
167.1
167.9

5. 9
5. 9
5. 9

260.9
264.0
266.6

163.6
168.9
171.0

1894.7
1907.7
1916.6

623. 7
624. 3
635. 2

123.2
124.2
124.6

172. 8
176. 1
177. 0

296.0
300.3
301.6

388. 4
384. 1
382. 8

500. 1
494. 4
492. 1

886. 5
876. 6
874. 9

265.7
267.6
272.7

154.2
153.7
15S.6

419. S
421. 2
428. 2

167.5
167.7
167.9
166.1
168.0

265.9
267.8
265.1
265.0
271.3

170.2
172.3
171.3
170.6
169.6

124.2
124.5
124.7
124.8
124.6

382.6
383.1
382.6
383.0

168.3
168.6

266.4
259.9

171.4
170.8

125.0
125.2

382. 7
381. 9

1984-SEPT.

427. 3

IEBK BIDING
1985
SEPT. 2
9
16
23
30
OCT.

7 P
14 P

1/
AMOUNT OF

2/

383.3

-

269.4
270.7
273.4
273.5
274.1
276.6
277.3

rTS2 2:?; ™ B 1 S 0 R I ' F B D M A L « « M " ***** *MD FAULTS OP COMMERCIAL BANKS. EXCLUDES IHE ESTIMATED
CASH HELD BI THRIFT INSTITUTIONS TO SERVICB THEIfi OCD LIABILIIIES.
TRAVELERS CHECKS OF NO.BABK ISSUERS. TRAVELERS CHECKS ISSUED BK DEPOSITORY

3/

L C O I I I I E H C 1 A I ' BkHKS kU° F O a « G I 1 " U T E D INSTITUTIONS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE 0. S. GOVEBHlul l*lrltl*S AHD 0 F P I C I A L "STITDTIONS LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND FEDERAL BRSEBVE FLOAT.
WABILITIBS E S T I H A T B I > A f l ° 0 I I T ° P D E f l A M D D B P 0 S I T S ««•«> ** COMMERCIAL BANKS BI THRIFT INSTITUTIONS TO SERVICE THEIR OCD
4/ CONSISTS OF MOW AND ATS BALANCES AT ALL DEPOSITOR! INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND
SJMSiSniM^n'Si'J-^S™0110"**
° T H E f i C H B C K * B L B ^POSITS SBASONALLI ADJUSTED EQUALS TtfB DIFFERENCE BETUBEN THE
SBASONALLT ADJUSTED SOU OF DEMAND DBPOSITS PLUS OCD AND SBASONALLI ADJDSTBD DEMAND DEPOSITS. INCLUDES ARE ALL CEILING
FREE -SOPEB NOfS,« AUTHORISED BI THE OEPOSITORI INSTITUTIONS DBBEGULATICN COMMITTEE TO EE OFFERED BEGINNING JANUARX 5.
1983.
5/
? ™ B « f i B T B P S *•» 0»MiIGHT EOBODOLLAtS. «O1EI BMUCBt POID BALilCBS (6EIEBAL POBWSS AMD SSOK1B/DEAJ.UJ.
i!L25J?S*!D S " U T " B DW0SITS« LBSS ™
CO»S0lH>«IO» *BJ0StHB«J JHAt BBMESBIITS IHE ESuilTBO 1BOUKI Qt
TO S I B U C B TaEia 1IBB ABO SiflUGS OBPOSITS 1IABIIITIES.
6/
OP U.S. HESIDMtS, MBEI BMKB1 PDBO B1UBCBS a«SHIUT10l2««-f2f.i
" " * T « BSTIB4IED 1BCU1I OF OVEBBIGH1 BBS iU) EUfiODOLLiES BELD El
HONBI MARKET FUNDS.
7/ SAVINGS DEPOSITS EXCLUDE
HMDAS.
8/
DBPOSITS
IS
— i K L U D I N G RETAIL R P S — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $ 100,000. ALL
ACCOUNTS (IRA) AND KBOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS AME SUBTRACTED FROM SHALL
TIME DBPOSITS

9/
10/

iNTlaNAIMN!^!!!^?!!!!!^

*"

ISSUBD

"

iaO0MTS 0F

OR MORE, EXCLUDING THOSE BOOKED AT

LABGB DBBOHINATION TIME DEPOSITS AT COMMERCIAL BANKS LBSS THOSE HELD BI MONEX MARKET MUTUAL FUNDS.
DEPOSITORI INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (506)
Table 4

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

Date

Debt components4
federal debt
non-federal debt

47.8
46.8

160.5
157.2

1297.6
1310.5

4358.4
4 400.7

OBC.

73.7
73.9
74.1

273.1
268.0
267.2

44.8
42.5
41.3

156.7
157.6
161.8

1325.2
1347.6
1367.3

4448. 7
4503.3
4 559.8

1985-JAM.
FEB.
HAB.

74.4
74.9
75.3

266.7
270.3
275.9

40.8
42.5
44.3

159.6
164.8
169.8

1385.0
1399.8
1409.9

4609.0
4650.0
4693. 2

APB.
HIT
JUNE

75.8
76.2
76.6

277.8
276.8
284.6

44.0
42.5
40.2

168.9
168.6
164.7

1424.1
1442.9
1459.5

4739.3
4783.3
4827.8

JULY
AUG.

76.7

284.8

39.7

171.1

1478.9
1495.8

4870.7
4914.6

no?.

3/
4/

commercial paper'

261.1
273.5

OCT.

2/

Non-M3 components of L
banker, acceptances'
short-term treasury
securities1

73.3
73.6

1984-AUG.
SEPT.

1/

savings bonds

CONSISTS Of U.S. TfiEASUBY BILLS AND COUPONS MITH BEHAIMING HATOBITIES OP LESS THAN 12 BONTUS HELD BI O1HEB THAN DBPOSITOfil
INSTITUTIONS, FBDEBAL BESEBfE BANKS, HOMET HABKBT HUTUAL FHUDS AND FOBEIGN ENTITIES.
NET OP BANKEBS ACCEPTANCES HELD BT ACCEPTING BANKS, FEDEBAL BESEBfE BANKS, POBEIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOHE LOAN BANK SYSTEM AND MONET BASKET BUTUAL FUNOS.
TOTAL COH0EBCIAL PAPEB LESS COBHEBCIAL PAPEB HELD BI MONET HABKBT MUTUAL FUNDS.
DBBT DATA ABE ON A MONTHLT AfEBAGE BASIS. DEBIVBD BT AVBBAGIBG END-OF-HONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO BEHOVE DISCONTINUITIES.




H6(506)
Table 5

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

Date

Currency

156.5

1984-SEPT.

irawelers
checks'

5.4

Nontransactkna) components

OtrMK checkable deposits

|
1

Demand
deposits'

246.1

at commercial
banks4

101.7

at thrift
Institutions1

38.8

total

140.5

MM2*

1750.3

m M3 only

7

Overnight
RPS*

Overnight
Eurodollars9

General
purpose and
broker/dealer
money market
funds

592.1

44.1

U.6
12.1
10.1
12.4

152.1
155.6
162.0
167.5

OCT.
NO?.
DEC.

156.7
158.7
160.9

5.0
4.8
4.9

245.8
248.9
257.4

101.5
103.1
105.9

39.3
40.4
41.3

140.8
143.4
147.2

1768.4
1788.5
1806*3

604.0
615.9
62b.4

44.7
47.9
45.2

1985-JAB.
FEB.
MAR.

158.3
158.6
159.8

4.9
5.0
5.1

254.9
244.9
246.3

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
627.8

48.7
56.3
55.7

14.2
13.3
12.4

171.9
175.1
177.6

APR.
RAI
JUIE

161.2
163.2
165.2

5.2
5.4
6.0

255.1
251.4
259.8

114.1
110.5
113.8

46.1
45.7
47.5

160.1
156.2
161.3

1858.0
1964.8
1884.4

629.0
632.9
629.0

47.4
51.3
50.3

12.0
12.8
12.7

176.2
172.2
175.4

JULI
AUG.
SEPT.

166.8
167.8
167.6

6.6
6.5
6.2

262.2
260.9
265.4

115.0
117.0
119.0

48.5
49.3
50.1

163.5
166.4
169.1

1897.4
1905.4
1908.5

619.9
625.9
634.7

50.2
52.0
52.8

12.4
14.0
13.8

175.8
176.7
176.4

WEEK ENDING:
1985-SEPT.

OCT.

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

2
9
16
23
30

167.2
168.9
168.0
167.0
166.2

260.1
270.0
268.2
258.7
265.7

117.3
122.3
120.7
117.4
115.7

49.4
51.8
50.8
49.4
49.0

166.7
174.0
171.5
166.8
164.7

51.6
52.1
51.5
52.2
55.7

13.4
13.8
12.8
13.9
14.7

176.8
176.0
176.5
176.8
176.3

7
14 P

169.2
169.5

270.8
266.2

120.9
120.4

52.1
51.5

173.0
171.9

53.7
52.1

13.4
13.0

175.9
177.2

CURRENCY O0TSIDB THE O.S. TREASURY, FEDERAL IESEB1E BAMS ABO TBB ¥A0LTS OF COMMERCIAL BABES. EXCL0DIS THE BSTIBATBB
ABOOBT OF fAOLT CASB HELD BT TUBIFT INSTITUTIONS TO SBfiflCB TBB1B OCO LIABILITIES.
OUTSTABDIBG ABOOBT OF O.S. DOLLAR-DENOMINATED TBAfBLEBS CHECKS OF BOBBABK ISSUERS. TBAfBLBBS CHECKS 1SS0B0 BI OBPOSITOBX
IRSTITOTIOBS ABE IBCL0DBD IB OEflABD DEPOSITS.
DBflABD DEPOSITS AT COHBERCIAL BABKS OTHER THAB THOSE DOB TO DOBBSTIC BANKS, TBB O.S. GOfBBBBBBT ABD IOBBIGB BAiKS ABD
OFFICIAL INSTITUTIONS, LESS CASH ITBBS III THE PBOCBSS OF COLL EC T10 • ABD F.B. FLOAT, LBSS THE ESTIflATID AMOUNT OF DIBABO
DEPOSITS HELD AT COHHEBCIAL BAIKS BX THRIFT IBSTITOIIOBS TO SEB1ICE THBIB OCD LIABILITIES.
COBSISTS OF BOB AND ATS BALANCES AT COBHERCIAL BABKS, O.S. BRANCHES ABD AG1NCIBS OF FOREIGN BABKS, AND BDGB ACT
CORPORATIONS. IBCLODES SUPER NOHS OF $41.4 BLLLIOW IB THE BBBK EBDED SEPTBBBBB 30, $42.8 BILLION IB IBB BBBK ENDED
OCTOBER 7, ABD $42.8 BILLION IN THE VEEK ENDED OCTOBER 14.
CONSISTS OF NOB AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS ABD BOTOAL SAflNGS BANKS, CBBDIT OBIOB SBABE
DRAFT BALABCES, ABD DEBAND DEPOSITS AT THRIFTS* INCLUDES SOPBB BOBS OF $17.3 BILLION IN THE IE Bit EBDED SBPTBHBBB 30,
$18w3 BILLION IB THE BEEK ENDED OCTOBER 7, ABD $18.2 BILLION IN THE BBBK ENDED OCTOBER 14.
SOB OF OfEBNIGBT RPS AND EURODOLLARS, BOHEl BABKBT FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALEB},flflDASABD SAflNGS
AND SHALL TIHE DEPOSITS LESS THE ESTIBATED ABOONT OF DEBAND DEPOSITS ABD fAOLT CASH HELD BI THi*IFT INSTITUTIONS 10 SERVICE
THEIR TIBE AND SAVINGS DEPOSIT LIABILITIES.
SUB OF LARGE TIHE DEPOSITS, TERH RPS AND EUBODOLLABS OF U.S. RESIDEBTS, HONEY BASKET FOND BALABCES (INSTITUTION-ONLIj, LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT Of OVERNIGHT RPS AND EOBODOLLABS HELD El INSTITUTION-ONLY
HONEY HARKET MUTUAL FUNDS.
'
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL BANKS TO OTHER THAB DEPOSITOBI INSTITUTIONS AND
MONEY HARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALEB).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND *
HONEY MARKET MUTUAL FUNDS fGENERAL PURPOSE AND BROKER/DEALER).




H.6(50B)
Table 5-contlnued

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

Date

Money market deposit accounts
at
at
commercial
thrift
total
Institutions
banks

at
commercial
banks

iSavings deposits
at
thrift
Institutions

1

total

Small denomination time deposits1
at
at
total
commercial
thrift
insiiiUiiona
banks

Large denomination time deposits1
at
at
thrift
commercial
total
4
banks
Institutions

244.8

143.8

388.6

125.2

167*4

292.6

384.0

483.4

867.4

259.3

138.6

397.9

OCT.
MOT.
DEC.

248.2
257.1
267.1

143.9
145.4
147.9

392.0
402.4
415.1

124.3
122.7
121.4

167.4
166.1
164.9

291.7
288.8
286.3

386.2
387.1
387.6

493.2
497.4
499.4

879.4
884.5
487.0

264.0
26 J. 6
265.9

143*1
147.6
151.1

407.1
411.2
416.9

1985-JAB.
FEB.
MAR.

280.4
289.3
294.0

153.2
159.0
163.9

433.7
448.3
457.9

121.1
120.4
120.6 -

165.7
166.5
168.2

286.9
286.9
288.8

386.3
384.1
383.7

502.0
499.5
496.3

888.4
88J.6
880.0

263.0
263.9
269.8

154.1
154.9
153.3

417.1
418.8
423.0

APR.
HAT
JUNE

295.9
298.3
307.3

164.5
165.5
167.8

460.3
463.8
475.1

120.9
121.7
123.2

169.3
170.1
172.6

290.2
291.8
295.8

383*9
385.2
386.4

495.6
495.5
496.8

879.4
880.8
883.2

i70.4
^70.0
^67.3

153.4
156.1
156.0

423.8
426.1
423.2

JOLT
AUG.
SEPT.

313.0
317.7
321.1

171.0
174.1
175.1

483.9
491.8
496.2

124.4
124.0
123.7

175.1
175.5
175.9

299.4
299.5
299.6

386.4
385.3
385.2

497.6
494.2
492.8

884.0
679.5
878.0

264.9
269.4
i74.3

154.3
155.0
156.2

419.2
424.4
430.5

1984-SEPT.

NEEK BIDING
1985
SEPT. 2
9
16
23
30
OCT.

7 P
14 P

319.6
321.3
321.9
320.5
321.1

123.4
123.9
123.9
123.6
123.5

385.2
385.1
385.2
385.1
385.3

272.0
272.1
274.0
i75. 1
27b. 8

322.8
324.0

124.9
124.9

365.5
385.3

278.2
278.3

1/ SAflfGS DEPOSITS EICLODE BHOAS.
2/ SHALL DENOHINATION TIHE DEPOSITS — INCLUDING SETAIL BPS — ABE THOSE ISSOED IM ABOOMTS OF LESS THAM $100,000. ALL
IMDI?ID0AL BETIREHEMT ACCOUNTS (IRA) AMD KEOGH ACCOUNTS AT COHHERCIAL BAIKS AND THRIFTS ARE SUBTRACTED FROH SHALL
TIHE DEPOSITS.
3/ LAHGE DENOHINATION TIHE DEPOSITS ARE THOSE ISSUED IN AHOONTS OF $100,000 OR HOBE, EXCLUDING THOSE BOOKED AT INTERNA1IONAL
BANKIMG FACILITIES (IBPS).
>
4/ LARGE DENOHINATION TIHE DEPOSITS AT COHHERCIAL BANKS LESS THOSE HELD BT BONET HARKET HUTUAL FUNDS, DEPOSITOR!
INSTITUTIONS AND FOREIGN BANKS AHD OFFICIAL INSTITUTIONS.




M.6(508)
Table S-contlnued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted
Term RPs1
Date

Institution
only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars

bonds

Men M3 Components of L
Snort'term
Bankers
treasury
acceptances4
securities8

Components of Debt
Commercial
Federal debt

Non-Federal*
debt

46.9

31.3

35.4

66.6

85.6

73.5

271.6

47.2

158.4

1310.5

4385.6

OCT.
NO?.
DEC.

52.2
58.3
62.7

33.1
35.4
32.5

36.1
35.3
37.3

69.3
70.7
69.7

80.6
81.9
83.1

73.8
74.0
74.4

271.3
265.1
264.8

45.1
43.J
42.8

158.3
159.4
156.9

1323.0
1343.0
1364.7

4437.9
4494.7
4556.2

198 5-JAP,
FEB.
1UB.

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

157.3
164.2
167.7

1383.1
1397.4
1412.0

4602.6
4630.7
4663.6

APR.
JUNE

59.6
63.5
67.1

35.2
33.4
33.1

36.8
35.4
33.8

71.9
68.8
66.9

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

4707.8
4754.6
4804.5

JULI
AUG.
SEPT.

65.0
63.6
62.3

31.1
32.1
33.1

33.9
35.2
36.1

64.9
67.3
69.2

76.5
76.2
77.1

76.6

283.3

39.1

173.1

1475.8
1495.8

4850.6
4892.4

62.9
63.0
62.3
62.0
61.9

34.8
33.2
33.5
32.7
32.7

62.5
63.5

31.1
32.2

1984-SBPT.

HAI

1EEK ENDING:
1985-SBPT. 2
9
16
23
30
OCT.

1/

7 P
14 P

TEBH BPS ABE THOSE WITH ORIGINAL MATURITIES CHEAT EH THA« OHB DAI, EXCLUDING COITII0IIG CO IITE ACTS AID BBTAIL BPS. IICLUDES
A RELATI?ELI SHALL AHOOMT OP OVEBNIGHT BPS AT THBIFT IMSTITUTIOHS.
TEBH EURODOLLARS ABE THOSB HITH OBIGIMAL BATOHITIBS GBBATBB THAM OIB DAT. CONSISTS OF THOSE ISSUED TO 0.S. BESIDEBTS BT
FOBBIGH BBAMCHES OF 0.S. BAIKS VOBLDRIDB AMD BT ALL BANKIBG OFFICES IH THE UNITED KINGDOM AMD CANADA. EXCLUDES THOSE HELD
BI DEPOSITOBT INSTITUTIONS AND HONE! HABKET MUTUAL FUNDS.
3/ CONSISTS OF U.S. TBEASOBT BILLS AND COUPONS HITH BBHAINING MATURITIES OF LESS THAN 12 HONTHS HELD BT OTHBB THAN DEPOSITOBI
INSTITUTIONS, FEDERAL BESBRfE BANKS, NONET HABKET HUTUAL FUNDS, AMD FOBEIGN ENTITIES.
4/ NET OF BANKERS ACCEPTANCES HELD BT ACCEPTING BANKS, FEDEBAL BESEBVE BANKS, FOBEIGN OFFICIAL INSTITUTIONS, THE FEDEBAL
HOME LOAN BANK SISTER AND HONEI HARKET MUTUAL FUNDS.
5/ TOTAL COHHEBCIAL PAPER LESS COMMERCIAL PAPER HELD BI HONEI HARKET HUTUAL FUNDS.
6/ DEBT DATA ARE ON A MONTHLI A?ERAGB BASIS, DERIVED BI AVERAGING EMD-OP-HOITH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.
'

2/




H 6 (508)
Table 6

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

Dat»

foreign
commercial
banks

1 9 8 4 - SBPT.

foreign
official
Institutions

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

U.S. government depc>sits
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

IRA and Keogh Accounts
time
and savings
deposits at
commercial
banks

commercial
banks

thrift
Institutions

money
market
mutual funds

total

8.4

2.0

9.4

3.4

6.0

14.1

23.6

1.0

41.9

55.9

6.2

104.0

8.5
8.8
8.6

1.8
2.1
2.0

9.2
9.4
9.6

2.7

DEC.

2.8
3.4

4.0
3.2
3.4

8.4
7.5
9.1

15.1
13.6
16.0

1.0
1.1
\1.0

42.6
43.2
43.8

56.9
57.7
59.0

6.2
6.5
6.9

105.7
107.3
109.7

1985-JAB.
FEB.
flAfi.

8.5
8.3
7.5

1.9
2.1
1.8

9.2
8.9
8.7

3.7
3.1
3.6

4.0
4.3
3.8

14.9
12.7
9.2

22.5
20. 1
16.6

1L I

1.1
1.0

45.3
47.0
48.6

61.4
63.1
65.4

7.4
7.7
7.9

114.0
117.9
122.1

APB.
BAT
JUSB

7.6
7.8
7.8

1.9
2.1
1.9

8.5
8.4
8.3

3.9
3.1
3.4

6.6
6.7
2.8

11.5
17.8
11.4

22.0
27.6
17.1

1.0
1.0
\1.0

53.5
55.1
55.9

69.2
70.5
71.8

8.6
8.6
8.4

131.2
134.2
136.1

JOLI
AUG.
SEPT*

7.9
7.6
7.9

1.8
1.9
2.0

8.3
8.2
8.2

3.1
2.8
3.4

4.0
3.0
4.3

20.0
10.6
13.4

27.0
16.4
21.1

1.0
1.1
1.1

56.7
57.4
57.8

?3.7
75. 2e
76. 4e

8.5
8.6e
8.7e

138.8
141. 1e
142.8e

7.1
9.0
7.5
7.6
7.6

2.0
1.9
2.3
1.8
2.2

8.2
8.1
8.2
8.3
8.3

2.6
3.5
4.7
3.3
2.6

3.3
3.6
3.2
5.7
4.9

9.4
6.3
6.3
21.6
20.6

15.3
13.3
14.2
30.5
28.0

1^'

9.0
7.4

1.8
1.9

8.4
8.4

3.1
2.4

3.1
3.2

4.9
1.4

11.1
7.0

OCT.

•Of.

• BBK BB0IB6:
1985
SEPT. 2
9
16
23
30
OCT.

7 P
14 P

estimated




\m '
1.

'«

SPECIAL SUPPLEMENTARY TABLE
Monthly Survey of Selected Deposits and Other Accounts
At All Insured Commercial Banks and All Mutual Savings Banks 1
August 28, 1985 and September 25, 1985
(not s e a s o n a l l y adjusted)

Liability Categories
"Super NOW" accounts**
(standard error of the estimate)
Money market deposit accounts3*
Interest-bearing time deposits with
balances of less than $100,000
with original maturities of:*
7 to 31 days
(standard error of the estimate)

Insured Commercial Banks
Number of Issuing Banks
Amount Outstanding (Stnil) Average Rate Paid (Z)
August 28 September 25 August 28 September 2 5 August 2§ September 25
40,329
(496)
319,538

40,575
(814)
321,100

6.06

6.02

11,771

11,853

6.75

6.75

12,914

12,964

5,280
(368)

5,209
(361)

6.94

6.93

8,170

8,034

32 to 91 days
(standard error of the estimate)

19,087
(767)

19,336
(804)

7.08

7.07

12,702

12,769

92 to 182 days
(standard error of the estimate)

152,166
(2,287)

151,523
(2,342)

7.57

7.58

13,585

13,572

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

67,555
(1,214)

67,531
(1,273)

7.88

7.91

12,915

12,846

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

80,385
(1.624)

80,849
(1,708)

8.40

8.42

13,175

13,211

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

111,200
(1.755)

111,640
(1,944)

8.98

9.04

12,940

12,966

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

57,566c
(439)

57,909
(431)

(N.A.)

(N.A.)

13,038

13,078

Retail repurchase agreements*
(standard error of the estimate)

1,223
(193)

1,326
(204)

6.82

2,736

2,758

Liability Categories

6.77

State-Chartered Mutual Savings Banks
Amount 0utstanding"T$mil5"
Average Rate Paid (Z)
Number of Issuing Banks
Augus t'Tff
September 25 August 28 September 25 August 28 September 25

"Super NOW" accounts^*
(standard error of the estimate)

1,163
(3)

1,183
(3)

6.38

6.35

210

210

Money market deposit accounts^*
(standard error of the estimate)

29,859
(89)

29,810
(86)

7.00

6.98

342

343

207
(30)

210
(30)

6.65

6.51

116

124

32 to 91 days
(standard error of the estimate)

1,015
(64)

1,038
(65)

7.13

7.12

271

283

92 to 182 days
(standard error of the estimate)
183 days to 1 year
(standard error of the estimate)

22,091
(45)
12,387
(331)

21,787
(157)
12,455
(327)

7.69

7.73

332

341

8.23

8.34

328

327

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

11,580
(245)

11,162
(442)

8.70

8.74

335

335

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

18,853
(103)

18,988
(221)

9.42

9.42

347

351

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

9,924
(223)

10,021
(233)

(N.A.)

(N.A.)

347

347

Retail repurchase agreements*
(standard error of the estimate)

71
(43)

72
(46)

29

31

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)

6.72

6.74

N.A. - Data not available.
c—corrected.
1. Estimates are based on data collected by the Federal Reserve from a stratified random sample of about 550 banks
and 75 mutual savings banks.
2. "Super NOW" accounts are NOW accounts containing an agreement between depositor and depository such that,
provided certain conditions—including a $1,000 minimum balance—are met, some or all funds deposited are eligible
to earn more than 5.25 percent.
3. Money market deposit accounts (MMDAs)—Deposits with a $1,000 initial and average balance requirement, no
required minimum maturity but institutions must reserve the right to require at least seven day's notice prior to_
withdrawal, no restrictions on depositor e l i g i b i l i t y , or limitations on the amount of interest that may be paid .
unless the average balance falls below $1,000 during which period the NOW account rate ceiling applies; 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 mail, messenger, or in person. Estimates for this category of deposits are based on data collected
by the Federal Reserve from weekly deposit reports submitted by about 10,500 commercial banks.
4. All interest-bearing time certificates and open account time deposits with balances of less than $100,000,
'including those held in IRAs and Keogh Plan deposits.
5. All IRA/Keogh Plan time deposits regardless of size, type of instrument in which held, or interest rate paid.
6. 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 fully-guaranteed as to principal and interest
by, the U.S. Government or an agency thereof.
* In January, 1985 the minimum balance required in Super NOW and MMDA accounts, was lowered from $2,500 to $7,000.