Full text of H.6 Money Stock Measures : September 20, 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
' • • ^ ^ • '

H.6 (508)
Table 1

For Release at 4:30 Eastern Time

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

SEPTEMBER

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

Date

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), MMDAs,
MMMF balances3
and savings and small
2
time deposits
Seasonally adjusted

1983—AUG
SEPT,
OCT.
NOV.
DEC.

517*4
518.9
521.6
523,0
525.3

2135.3
2147.9
2167.2
2182.1
2196.2

2617.2
2636.7
2656.4
2686.8
2707.9

1984—JAM.
FEB.
BAR*
APR.
MAI
JUNE
JUL*
AUG. P

530.0
532.9
535.1
535.3
541.0
546.2
545.6
546.4

2206.7
2222.5
2229.9
2242.7
2258.4
2272.0
2281.1
2289.6

2721.3
2744.5
2765.2
2789.7
2815.7
2836.9
2856,8
2867.9

1*83—AUG.
SEPT,
OCT.
NOV.
DEC

513.5
516.3
522.3
526.7
537.8

2133.3
2142.2
2167.1
2181.2
2198.0

1 9 8 4 — JAN.
FEE.
MAR*
APR.
BAY

534.8
521.8
528.1
543.2
534.9
545.5
547.3
542.5

2210.5
2212.3
2230.8
2254.6
2253.4
2273.8
2286,2
2287.0

20, 1984

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors6

3075.1

3097.9
3114.0
3144.8
3178.0

5036. 8
5080.0
5124.9
5171.3
5225.3

3197.0
3227.1
3268.7
3295.1
3326.9
3367.6

5282.4
5340.4
5394.4
5452.4
5514.0
5566.4
5626.0

2615.6
2631.3
2655.1
2687.9
2713.9

3070.6
3085.7
3110.0
3146.0
3185.8

5017.6
5066.8
5114.6
5159.4
5219.2

27 27.2
2737.2
2766.5
2798.3
2811.0
2835.6
2855.7
2866.0

3208.6
3228.6
3275.1
3306,6
3322.8
3363.6

5275.5
5321.3
5370.9
5426.5
5487.4
5544.3
5605.7

Not seasonably adjusted

JUNE
JULY
AUG. P

M1
13-week average

Seasonally adjusted
4-week average

2?

545.0
545.3
545.6
546.0

545.2
545.1
545.9
547.0

547.3
546.2
547.8
546.7

543.2
543.9
544.5
545.1

544.3
542.9
543.5
543.2

548.8
547.6
543.6
532.6

3 P
10 P

545.9
546.3

546.4
548.0

544.9
552.7

544.8
545.2

541.6
543.9

542.4
557.1

For period ended

1984-AUG.

SEPT-

NOTE:

6
13
20

WoOK dVOrdQQ

13-week average

Not seasonally adjusted
4-week average

week average

SPECIAL CAOTION SHOULD BE TAKES IN INTERPRETING WEEK-TO-iESK CHANGES IN HONEY SUPPLY DATA, WHICH ARE
HIGHLY VOLATILE AND SUBJECT TO REVISION.
P—INDICATES PRELIfllNARY DATA.
FOOTNOTES APPEAR ON THE FOLLOWING PAGE




H.6 (508)
Table 2

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

M1
3 MONTHS FBCM MAI

1984 TO A-UG. 19d*

*

M2

M3

Debt1

4.0

5. 5

7.4

12.7

6 MONTHS F.SOH FEB. 19 84 TO AUG. 4984

5.1

6. 0

9. 0

13.0

12 MONTHS FROM AUG. 1983 TO AUG. 1984

5.6

7. 2

9, 6

12.6

THIBTEEN WEEKS ENDING SEPT. 10, 1984
FROM THIBTEEN WEEKS ENDING:
JUNE

11, 1984 (13 HEEKS PREVIOUS)

5.3

MAR.

*1, 1984 (26 WEEKS PREVIOUS*

5.-9

SEPT. 12, 1983 (52 WEEKS PREVIOUS) .
1/

1/

2/

3/

4/
5/

5.9

GROWTH RATES FOB DEBT ABE BASED OK PERIODS BEGINNING AND ENDING ONE MONTH EARLIER THAN FOR THE MONETARY AGGFEGATES,
NABELI # APRIL 1984 TO JULY 1984, JANOAfiY 1984 TO JULY 1984, AND JULY 1983 TO JOLI 1984, RESPECTIVELY.
FOOTNOTES TO TABLE 1
CONSISTS OF (1) CURRENCY OUTSIDE SHE TREASURY, FEDERAL RESERVE BANKS, AND THE VAULTS OF COMMERCIAL BANKS;
(2) TRAVELERS CHECKS OF NONBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHER 1HAM THOSE DUE TO
DOMESTIC BANKS, THE U.S. GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS
OF COLLECTION AND FEDERAL RESERVE .FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING CF NEG01IAELE ORDER
OF BITHDRASAL (BOH) AND AUTOMATIC TRANSFER SERVICE-(ATS) ACCOUNTS AT DEPOSITORY INSTITUTIONS,
CREDIT UNION SHAfi£ DRAFT ACCOUNTS AND DEMAND DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AND DEMAND
DEPOSIT COMPONENTS EXCLUDE THE ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY
THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF Ml PLUS OVERNIGHT (AND CONTINUING CONTRACT) EPS ISSUED BY ALL COMMERCIAL BANKS AND OVERNIGHT 2UBODGLLARS
ISSUED TO U.S. RESIDENTS BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE, HHDAS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL RPS,—IN AMOUNTS OF LESS THAN $100,000), AND EALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENEBAL PURPOSE AND BROKER/DEALER HONEY MARKET MUTUAL FUNDS. EXCLUDES IRA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. COMMERCIAL
BANKS, HONEY MARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AND COMMERCIAL EANKS, AND
THE D.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAI REPRESENTS THE ESTIMATED AMOUNT
OF DEI!AND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS.
CONSISTS OF M2 PLUS LARGE DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $100,000 OK HOBE) AND 1ERM RP LIABILITIES ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOREIGN BRANCHES OF U.S. BANKS
WORLDWIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AKD TAX-EXEMPT
INSTITUTION-ONLY MONEY MARKET MUTUAL FUNDS. EXCLUDES AMOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. GOVERNMENT, MONEY
MARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS
THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY NOSEY MARKET MUTUAL FUNDS.
CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHCBT-TEBH TREASURY SECURITIES, COMMERCIAL
PAPER AND BANKERS ACCEPTANCES, NET OF MCNEY MARKET NUTttAL FUND HOLDINGS CF THESE ASSETS.
DEBT OF DOMESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CREDIT MARKET DEET OF THE UNITED STATES GOVERNMENT,
STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS CF CORPORATE BONDS, SOFTGAGES,
CONSUMES CREDIT (INCLUDING BANK LOANS), OTHER B"ANK -LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND C1HER DEBT
INSTRUMENTS. THE DATA ARE DERIVED FROM THE FEDERAL RESERVE B O A R D S FLOW CF FUNDS ACCOUNTS. ALL DATA CN DEBT OF DOMESTIC
NONFINANCIAL SECTORS ARE 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 BAY ARISE IN THE DNDEfiLYING FlOW OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFERS, THEREFORE, FROM THE QUARTERLY PLO* OF FUNDS STATISTICS CONTAINED IN
IN THE FEDERAL RESERVE RELEASES Z.7 AND Z.1. IN THOSE RELEASES, PUBLISHED LEVELS OF CREDIT MARKET DEBT ARE MEASURED ON A
A QUABTER-END BASIS AND INCLUDE DISCONTINUITIES,'




H.6 (508)
Table 3

COMPONENTS OF THE MONEY STOCK
Billions of dollars, seasonally adjusted

Date

Currency

1

Travelers
checks2

Demand
deposits3

Other
checkable
deposits4

Nontransactions
components
in M3
only6
in M2 5

Savings deposits7
at
at
thrift
total
commercial
institutions
banks

Selected nontransactions items
Small time deposits*
at
at
total
thrift
commercial
institutions
banks

U r e time deposits9
at
at
total
thrift
commercial
banks 10 institutions

143.5
144.8

4.7
4.7

243.7
243.0

125.6
126.4

1617.9
1629.0

482.0
488.8

138.0
137.4

181.3
180.5

319.3
317.9

333.4
338.2

415.6
420.7

749.0
759.0

224. Q
223.8

84.5
89.4

308.6
313.2

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

180.2
179.2
178.2

317.1
315.4
312.9

344.8
350.0
353.1

428.2
435.5
440.0

773.0
785.5
793. 1

221.7
224.2
225.5

93.9
96.6
100.4

315.6
320.8
325.9

1984-JAN.
FEB.
MAB.

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
522.0
535.3

132. 1
130. 1
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
803.4

227.2
228.3
232.8

106.3
112.0
115.5

333.4
340.3
348.3

APR.
MAY
JUNE

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

547.0
557.3
565.0

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
4 63.3

808.3
816.7
829.1

236.4
243.8
24 9.7

119.5
123.8
129.4

355.9
367.6
379. 1

JULY
AUG. P

155.0
156.0

5.2
5.2

247.1
245.5

138.3
139.7

1735.5
1743.2

575.7
578.3

127.4
126.3

176.0
174.2

303.3
30Q.5

371.8
377.8

473.2
483-7

845.0
861.5

255.0
255.6

134.0
136.3

389. 1
391.9

155.8
155.9
156.0
156.5

246.6
245.3
247.4
244.7

139.6
139.8
139.2
140.4

126.8
126.6
126.4
126.0

375.6
377.0
378.3
379.0

254.5
255.5
256.3
256.5

156.5
156.2

243.1
248.4

140.1
142.9

125.9
126.3

380.3
381.0

255.0
255.3

1983-AUG.
SEPT.

MEEK

1984
AUG.

ENDING

6
13
20
27

SEPT. 3 P
10 P

1/
2/
3/

4/

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

CURRENCY OUTSIDE THE V.S. TREASURY, FEDEFAL RESSEVE BANKS AND VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OF VAULT CASH MELD BY THRIFT INSTITUTIONS TO SERVICE THEIS OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAH-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSUERS. TRAVELERS CHECKS ISSUED BY DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
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 FEDERAL RESERVE FLOAT,
EXCLUDES THE ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD
LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS, CfiEDIT UNION SHARE DRAFT BALANCES AND
DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHEH CUECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS THE DIFFERENCE BETWEEN THE
SEASONALLY ADJUSTED SUM OF DEMAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEMAND DEPOSITS. INCLUDED ARE ALL CEILING
FRCE "SUPER NOWS," AUTHORIZED BY THE DEPOSITORY INSTITUTIONS DEREGULATICN COMMITTEE TO BE- OFFERED BEGINNING JANUARY 5,
1983.
SUM OF OVERNIGHT RPS AND OVERNIGHT FUFODOLLAES, MONEY MARKET FOND BALANCES (GENERAL PUHPOSE AND BROKER/DEALER),
MHDAS, AND SAVINGS AND SMALL TIME DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIH TIME AND SAVINGS DEPOSITS LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM EPS AND TERM EtfRODOLLAPS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSTITUTIONONLY), LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMCUNT OF OVERNIGHT PPS AND EURODOLLARS HFLD BY
INSTITUTION-ONLY MONEY MARKET FUNDS.
SAVINGS DEPOSITS EXCLUDE MHDAS.
SMALL DENOMINATION TIME DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AMD THRIFTS ABE SUBTRACTED FROM SMALL
TIKE DEPOSITS.
LAfiGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT
INTEBNATIONAL BANKING FACILITIES.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY MONEY MARKET MUTUAL FUNDS,
DEPOSITORY INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (506)
Table 4

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

3/
4/

commercial paper3

_ Debt components4
non-federal debt
federal debt

219.6
222.9
221.6

41.6
43.6
43.8

124.4
121.0
125,3

1108.4
1122.4
1137. 1

3886.3
3914.4
3942.9

OCT.
NOV.
DEC.

70.7
70.8
71.0

218.5
217.2
223.3

42.8
43.0
43.4

125w7
126.9
132.4

1151.3
1163.6
1173. 1

3973.6
4007.8
4052.2

1984-JAN.
FEB.
MAR.

71.2
71.7
72^2

226.6
231.8
245.8

42.8
41.7
42.6

135.0
137,4
143.0

1192.2
1216.2
1224.9

4090.2
4124.2
4169.5

APR.
MAY
JUNE

72-5
72.8
7 3.0

241.8
240.0
252.1

43.3
45.4
47.1

147.7
152.9
158.5

1236.5
1252.5
1260.2

4215.9
4261.5
43TJ6.3

JULY P

2/

Non-M3 components of L
bankers acceptances2
short-term treasury
securities1

70.1
70.3
70.5

1983-JULY
AUG.
SEPT.

1/

savings bonds

4349.2

CONSISTS OF U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY OTHER THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, MONEY MARKET MUTUAL FUNDS AHD FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE 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.
DEtJT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING BND-OF-MONTH LEVELS OF ADJACINT MONT
, AND HAVE BEEN
ADJUSTED TO REMOVE 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

Currency'

Travelers
checks2

Demand
deposits3

at commercial
banks4

at thrift
institutions5

total

in M2

6

7

in M3 only

Overnight
RPs»

Overnight
Eurodollars9

General
purpose and
broker/dealer
money market
funds

143.8
144.3

5. 1
5.0

241.1
242.0

92.4
93.4

31,1
31.6

123. 5
124.9

1619.8
1626*0

482.3
489. 1

42.0
42.8

10.4
10.7

139.1
137.9

OCT.
NOV.
DEC.

145.7
147.9
150.5

4.8
4.6
4.6

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

137.5
138.8
138.2

1984-JAN.
FEB.
MAK.

148.4
148.3
149.8

4.6
4.7
4.8

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
524.8
535.6

47. 1
48.1
47.0

11.5
11.4
11.3

137.8
142. 1
144.8

APR.
MAY
JUNE

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

543.8
557.6
561.9

46.4
47.0
43.9

11.1
12.1
12.6

145.9
146.5
148.9

JULY
AUG. P

156.3
156.5

5.8
5.7

247.5
242.9

100.4
100.2

37.3
37* 1

137.7
137.3

1738.9
1744.5

569.5
579.0

43.2
45.1

13.1
12.8

150.5
150.6

20
27

157. 1
157.5
156.7
155.4

246.4
246.0
244.2
236.6

101.3
100.9
100.0
98.8

38.2
37.5
36.9
36.2

139.4
138.3
137.0
135.0

43.6
45. 1
44.9
46.6

11.2
12.1
13.4
14.3

151.6
150.2
149.8
150.6

3 P
10 P

156.7
157.7

242.2
251.1

100.6
104.0

37.3
38.8

138.0
142.7

45.0
44.1

13.0
10.9

150.8
150.9

1983-AUG.
SEPT.

MEEK ENDING:
1984-AUG*

SEPT.

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

6
13

CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL KESEFVE BANKS AND THS VAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBASK ISSUERS. TRAVELERS CHECKS ISSUED BY DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BASKS, 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 AMOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT COMMERCIAL BANKS, O.S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT
CORPORATIONS. INCLUDES SUPER NOWS OF $31.6 BILLION IN THE WEEK ENDED AUGUST 27, $32.0 BILLION IN THE WEEK ENDED SEPTEMBER 3,
AND $32.8 BILLION IN THE SEEK ENDED SEPTEMBER 10.
CONSISTS OF NOW AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE
DRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS. INCLUDES SUPER NOWS OF $11.7 BILLION IN THE WEEK ENDED AUGUST 27, 11.9
BILLION IN THE WEEK ENDED SEPTEMBER 3, AND $12.3 BILLION IN THE WEEK ENDED SEPTEMBER 10.
SUM OF OVERNIGHT RPS AND EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), MHDAS AND SAVINGS
AND SMALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TC SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LAfiGE TIME DEPOSITS, TERM RPS AND EURODOLLARS OF U.S. RESIDENTS, MONEY MARKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT EPS AND EURODOLLARS HELD £Y INSTITUTION-ONLY
HONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT FPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PUFPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND EfiOKER/DEALER).




H.6 (508)
Table 5-continued

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

Date

Money market deposit accounts
at
at
total
thrift
commercial
institutions
banks

at
commercial
banks

<Savings deposits f
at
thrift
institutions

total

Small denomination time deposits2
at
at
thrift
commercial
total
institutions
banks

747. 0
756. 3

223. 8
224. 2

84. 7
90. 5

308.5
314.8

771.
783. 1
788. 6

222. 1
225. 5
229. 0

95. 8
98. 3
100. 7

317.9
323.7
329.7

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

356.5
360.5
365.4

454.2
457.2
463.7

810. 7
817. 6
829. 1

233. 7
241. 6
247. 3

118. 2

123. 3
128. 2

351.9
364.9
375.4

370.7
377.5

473.0
482.2

843. 8
859. 7

251. 7
255. 9

218.9
221.1

149.7
148.4

368. 6
369. 5

138.3
136.4

181.5
179.8

319- 8
316. 2

332.8
337.3

414.2

OCT.
NOV.
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

1 9 8 * * - JAW.
FEB.
MAR.

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

At>R.
HAY
JUKE

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

JULY
AUG. P

243.9
242.6

145.0
140.6

388. 9
383. 2

128.9
126.4

178.1
174. 1

307. 0
300. 5

1983-AUG.
SEPT.

SEEK

27

242.8
242.7
242.3
242-4

127.4
127.0
126.4
125.6

375.0
376.6
378.0
378.8

253.
255.
256.
257.

3 P
10 P

243.1
244.6

125.2
125.4

379.5
380.3

256. 7
256. 4

6

13
20

SEPT.

3/
4/

419.0

132. 8
136. 6

ENDING

1984
AUG.

1/
2/

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

9
4
3
1

SAVINGS DEPOSITS EXCLUDE MflDAS.
SMALL DENOMINATION TIME DEPOSITS — INCLUDING RETAIL EPS — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN 5100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGfl ACCOUNTS AT COMMERCIAL BAKKS AND THRIFTS ARE SUBTRACTED FROM SMALL
TIME DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OB MORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TINE DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY MONEY MARKET MUTUAL FUNDS, DEPOSITORY
^"STITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




384.5
392.5

H.6(506)
Table 5-continued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted
TermRPs 1

Date

Institution
only money
market funds

at commercial
banks

at thrift
institutions

total

Term
Eurodollars 2

Savings
bonds

Non M 3 Components of L .
Short-term
Bankers
treasury
acceptances 4
securities'

Components of Oebt
Commercial
paper*

Federal debt*

Non-Federal*
debt

38.4
38.8

31.6
31.9

15.2
16*1

46.9
48.0

91.9
90*7

70.2
70.4

217.9
216.7

43.1
43.8

123.9
123". 5

1116.1
1134.0

390 U 6
3932*8

OCT.
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
232- 8

43.0
43.4
44-8

124.8
128.0
T32.9

1147-6
V 158.0
T170.2

3967-0
4-00K4
4049.0

1984-JAN,
FEB.
WAR.

40.6
41.6
41,8

34.2
35.7
35.4

19.1
18.8
20.6

53.3
54.5
55.9

90.7
90.9
94.1

71.6
71.8
72.1

230*2
239.6
253*1

43.8
42.3
42.2

135,8
137.7
141.2

1189-8
1210.7
1223.6

4085.7
4110.6
4147.3

APR.
HAT
JUNE

41.8
42.0
42.3

36*2
35.7
32.5

23.6
25.9
27.3

59.8
61.6
59.8

93.6
93.8
88.6.

72.3
72-6
72.8

246*2
240-8
249; 0

42.6
44.9
46-4

147.1
153.6
1&9.6 .

1235.9
1248.7
1255.8

4190.6
4238.7
4288.6

JOLT
AUG. P

42.6
42.7

31.4
34.3

28.3
29.2

59.7
63.4

87.1
85.1

1270.8

4334.6

21

42.7
42.8
42.6
42.1

33.4
34.6
34.3
34.4

3 P
10 P

42.7
42. 3

35.0
33.3

1983-AUG.
SEPT.

HEBK

ENDING:

1984-AUG.

6

13
20
SEPT-

1/

TERM EPS ARE THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE D A I , EXCLUDING CONTINUING CONTRACTS AND RETAIL R P S .

2/

TERM EURODOLLARS A5E THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE DAI. CONSISTS OP THOSE ISSUED TO U.S. RESIDENTS BY
FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE AND BY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THOSE HELD
BI DEPOSITORY INSTITUTIONS AND MONEY MARKET MUTUAL FUNDS.
CONSISTS OF U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY OTHER THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, MONEY MARKET MUTUAL FUNDS, AND FOREIGN ENTITIES.
NOT OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE 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.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OF-MONTH LEVBLS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.

3/
4/
5/
6/




H.6 (508)
Table 6

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

Date

foreign
commercial
banks

foreign
official
institutions

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

U.S. government deposits

IRA and Keogh Accounts
i

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

7.9
8.1

2*0
2.0

7.3
7.3

2.4
3.2

3.5
7.4

14.0
14.8

19.9
25.3

0.8
0.8

28.0
28.5

36.7
37.6

5*1
5.0

69.8
71.1

OCT.
NOV.
DEC.

8.0
8.4
8.2

1.9
2.0
2.0

7.1
7.2
7.1

2.7
2.7
3.0

7.1
2.9
3.6

22.0
M.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-JAN.
FEB.
BAH.

8.3
8.5
8.1

1.8
1.9
1.9

7.0
6.8
6.9

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
81.0
85.0

APR,
MAY
JUNE

8.0

1.7
1.9.
1.8

7.2
7.4
7.5

.3.8
2.7
3.9

7.5
4.2

12.7

8.2
8.1

3*8

8.5

24;. 0
16,9
16* 1

0.9
0.9
0.8

3**3
39v5
40. 1

47.6
49.2
50.0

6.2
6.3
6.2

92. 1
95.0
96.3

JULY
AUG. P

8.2
8.0

1.8
1.8

7.3
7.5

2.6
2.9

4.0
3.6

9.0
7.5

15.6
13.9

0.8
0.8

40.6
41.4

50*7
51.3

6.2e
6.2e

97. 5e
99. Oe

8.2
6.0
8.3
7.6

1.6
1.7
1.8
2.0

7.3
7.6
7.5
7.5

4.2

2.3
2.9
2.3

3.9
3.1
3.3
3.6

9.4
5.7
6.5
8.5

17.6
11. 1
12.8
14.4

0.8
0.8
0,8
0.8

8. 1
8.1

1.8
1.9

7.5
7.6

2.3
3.2

4.1
3.9

7.5
7.4

14.0
14.6

0.8
0.8

1983-AUG.
SEPT.

1.04-0-

MEEK FMDING:

1984
AUG.

6
13
20
27

SEPT. 3 P
10 P

e = estimated