Full text of H.6 Money Stock Measures : September 25, 1986

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL RESERVE statistical release
These data are scheduled for release each Thursday at 4:30 p.m.

H.6 (508)
Table 1

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

SEPTEHBEB

2 5 , 198b

Billions of dollars

Date

M1

M2

M3

M2 plus

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

M1 plus overnight RPs
and Eurodollars,
MMMF balances (gen. pur.
and broker/dealer), MMDAs,
and savings and small
time deposits2

large time deposits,
term RPs, term Eurodollars
and institution-only
MMMF balances3

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors*

Seasonally adjusted

1985—AUG.
SEPT.
OCT.
NOV.
DEC

604.8
611.5
614.2
620.1
626.6

2515.6
2529.9
2538.9
2551.4
2566.5

3130.5
3150.8
3165.7
3181.2
3201.1

3711.5
3739.7
3761.6
3799.2
3638.2

6460.3
6525.3
6592.0
6680.5
6810.0

1 9 8 6 — J AUFEB.
HAB.
APE.
HAY
JUNE
JULY
AUG.

627.2
631.0
638.4
646.1
658.7
666.8
676.1
687.8

2569.9
2577.7
2592.3
2622.3
2649.7
2670.5
2699.1
2723.6

3224.5
3241.7
3262.6
3293. 9
3315.5
3339.2
3375.4
3399.9

3860.6
3679.2
3892.6
3916.8
3950.1
3974.5
4011.2

6913.7
6963.8
7012.3
7071.0
7134.7
7197.4
7253.7

1 9 0 5 — AUG.
SEPT.
OCT.
NOV.
DEC

602.0
609. 1
612.2
621.7
639.9

2511.2
2521.4
2534.2
2549.7
2574.7

3126.4
3144.3
3162.7
3184.7
3213.8

370.9.2
3735.4
3759.1
3601.9
3844.4

6441.5
6509.9
6578.4
6667.3
6804. 1

1 9 8 6 — JAN.
FEB.,
HAB.
APB.
MAI
JUNE

633.5
619.2
630.5
652.9
651.8
669.2
679.8
684.8

2578.7
2571.0
2594.4
2631.9
2640.7
2672.7
2704.4
2718.5

3232.2
3233.6
3263.0
3300.4
3308.9
3339.9
3373.0
3394.6

3865.8
3871.6
3896.9
J926.9
3936.8
3974.7
4011.3

6907. 1
6944.4
6985.2
7042.4
7109.0
7176.7
7243.9

Not seasonally adjusted

JULI
AUG.

M1
For period ended

1986-AOG.

SEPT.

NOTE;

Seasonally adjusted
13-week average

Not seasonally adjusted
4-week average

week average

13-week average

4-week average

4
11
18
25

668.5
670.7
672.9
675.1

677.1

679.9
682.5
685.3

679.8
685.0,
667.9
688.5

668.6
671.3
674.0
676.5

679.0
679.8
661.9
664.1

684.6
669. 1
687.3
675.3

1
8 P
15 P

677.4
679.6
681.3

688.6
691.3
692. 1

693.0
695.7
691.3

678.3
680.4
682.2

683.7
687.3
690.0

682.9
703.6
698.1

SPECIAL CAUTION SHOULD BE TAKE* I I I1TBBPAETIIG «2E£-TO-fKEK CHANGES XI
HIGHLY VOLATILE AND SUBJECT TO EE¥ISI0N.
P—INDICATES PfiELISIIAAY DATA.
FOOTNOTES APPEAB OM THE FOLLOWING PAGE




SUtfPLK DATA, HHICfl ABE

H.6 (508)
Table 2

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

M1

M2

M3

Debt1

3 HO NT US FROM MAY

1986 TO AUG.

1986

17.7

11.2

10.2

10.9

6 MONTHS FROM FSB.

198b TO AUG.

1986

18.0

11.3

9.8

10. 1

12 MONTHS FBOH AUG.

1985 TO AUG.

1986

13.7

8.3

8.6

13.7

THIRTEEN WEEKS ENDING SEPT. 15, 1986
FROM THIRTEEN WEEKS BMDIMGl

1/

2/

3/

•/
5/

JOKE

16, 1986 (13 WEEKS PREVIOUS)

17.3

MAR.

17, 1986 (26 WEEKS PREVIOUS)

16.1

SEPT. 16, 1985 (52 WEEKS PREVIOUS)

13.3

GROWTH BATBS FOR DEBT ARE BASED OM PERIODS BEGINNING AMD ENDING ONE flONTH EARLIBfi THAN FOR THE MONETARY AGGREGATES,
NAMELY, APRIL 1 9 8 6 TO JULY 1 9 8 6 , JANUARY 1 9 8 6 TO JULY 1 9 8 6 , AND JULY 1 9 8 S TO JULY 1 9 8 6 , RESPECTIVELY.

FOOTNOTES TO TABLE 1
CONSISTS OF (1) CURRENCY OUTSIDE THE TREASURY, F&DERkL RESERVE BANKS, AND THE VAULTS OF COMMERCIAL BANKS;
(2) TRAVELERS CHECKS OF MOMBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHER THAN THOSE DUE TO
DOMESTIC BANKS, THE U.S. GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS III THE PROCESS
OF COLLECTION AMD FEDERAL RESERVE FLOAT; AMD (4) OTHER CHECKABLE DEPOSITS (OCDJ CONSISTING OF NEGOTIABLE ORDER
OF WITHDRAWAL (NOW) AMD AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITORY INSTITUTIONS,
CREDIT UNION SHARE DRAFT ACCOUNTS AND DEMAND DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AND DEMAND
DEPOSIT COMPONENTS EXCLUDE THE ESTIMATED AMOUNT OF VAULT CASH AMD DEMAND DEPOSITS, RESPECTIVELY, HELD BY
THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF M1 PLUS OVERNIGHT (AMD CONTINUING CONTRACT) R2S ISSUED BY ALL COMMERCIAL BANKS AMD OVERNIGHT EURODOLLARS
ISSUED tO U.S. RESIDENTS BY FOREIGN BRANCHES Of a~S, BANKS WORLDWIDE, MMDAS, SAVINGS AMD SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL RPS—IN AMOUNTS OF LESS THAN $100,000), AND BALAMCES IN BOTH
TAXABLE AMD TAX-EXEMPT GENERAL PURPOSE AMD BROKER/DEALER MONEY MARKET MUTUAL FONDS. EXCLUDES IRA AMD KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FURDS» ALSO EXCLUDES ALL bALANCES HELD BY U.S. COMMERCIAL
BANKS, MONEY MARKET FUMDS (GENERAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AMD COMMERCIAL BANKS, AMD
THE U.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT
OF DEMAND DEPOSITS AMD VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AMD SAVINGS DEPOSITS.
CONSISTS OF M2 PLUS LARGE DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $100,000 OR MORE) AMD TERM RP LIABILITIES ISSUED
BY COMMERCIAL BANKS AMD THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOREIGN BRANCHES OF U.S. BASKS
WORLDWIDE AMD AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AMD BALAMCES IN BOTH TAXABLE AMD TAX-EXEMPT
INSTITUTION-ONLY HONEY MARKET MUTUAL FUNDS. EXCLUDES AMOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. GOVERNMENT, HOMEY
MARKET FUUDSS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS
THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY IMSTITUTIOV-OMLY MONEY MARKET MUTUAL FUMDS.
CONSISTS OF M3 PLUS THE NOMBANK PUBLIC HOLDINGS OF U.S. SAVINGS BOMDS, SHORT-TEBN TREASURY SECURITIES, COMMERCIAL
PAPER AMD BANKERS ACCEPTANCES, MET OF MONEY MARKET MUTUAL FUMD HOLDINGS OF THESE ASSETS.
DEBT OF DOMESTIC MONFIMANCIAL SECTORS CONSISTS OF OUTSTANDING CREDIT MARKET DEBT OF THE UNITED STATES GOVERNMENT,
STATE AMD LOCAL GOVERNMENTS AMD PRIVATE NONFINANCIAL SECTORS. PRIVATE DEBT CONSISTS OF CORPORATE BOHDHt MORTGAGES,
CONSUMES CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AMD OTHER DEBT
INSTRUMENTS, THE DATA ARE DERIVED FROM THE FEDERAL RESERVE BOARD'S FLOW OF FUNDS ACCOUNTS. ALL DATA ON DEBT OF DOMESTIC
NOMFIMANCIAL SECTORS ARE PRESENTED IN MONTH-AVEHAGE FORM, DERIVED BY AVERAGING MONTH-END LEVELS OF ADJACENT MONTHS.* THESE
DATA HAVE ALSO BEEN ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT MAY ARISE IN THii UNDERLYING FLOW OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DUPEHS, THEREFORE, FROM THE QUARTERLY FLOW OF FUNDS STATISTICS CONTAINED
IN THE TUDEBkL RESERVE RELEASES Z.7 AMD Z.I. IN THOSE &ELZkS£Sm PUBLISHED LEVELS OF CREDIT MARKET DEBT ARE MEASURED ON
A O.UAR1ER-EHD BASIS AND INCLUDE




H.6<S0*
13

COMPONENTS OF THE MONEY STOCK
teltcUd
Tvsvslsni
ohsoks*

Oafts

Osmand

Othsr
chtcfcabtt
dsposHs4

nonttanssctions Hams
1 AM

mm*

mitt
on*

at

at

at

at
thrift

total

at

total
banks"

banks

banks

at

total

1985-AUG.
SEPT.

166.9
367.7

5.9
5.9

263.1

169.0
171.5

1910.8
1916.4

614.9
621.0

123.7
124.0

176.0
176.3

299.7
300.3

383.4
362.7

497.5
495.6

6 6 Q. 9

266.4

676.3

266.9
27 0 . *

154.1
155. 1

421.0
425.6

OCT.
NOV.
DSC.,

168.7
169.8
170.6

5.9
5.9
5.9

266.0
267.6
271.5

173.7
176.7
178.6

1924.6
1931.3
1939.9

626.8
629.6
634.6

124.4
124.9
124.5

177.9
179.0
179.1

302.3
303.7
303.6

382.0
382.2
364.1

493.7
493.7
496.2

875.7
876.0
660.3

273.9
276.7
279.1

155.9
156.3
157.3

429.7
432.9
436.$

1986-JAN.
FEB.
RAR.

171.9
172.$
173.9

5.9
5.9
6.1

268.9
269.2
273.2

180.5
163.1
165.2

1942.7
1946.7
1954.Q

654.6
664.0
670.3

124.7
125.0
125.6

179.3
179.9
181.2

304. p
304.9
306.9

386.6
388.1
389.0

499.4
502.9
505.?

685.9
891.0
694.7

289.7
291.5
267.1

156.2
159.7
163.4

447.9
451.2
450.$

APR.
RAX
JUNE

174.4
175.8
176.7

6.1
6.1
6.2

275.7
281.6
284.9

189.9
195.1
199.0

1976.1
1991.1
2003.7

671.7
665.6
668.7

126.6
129.0

164.6
189.$
194.1

311.4
318.5
325.0

388.0
384.9
381.9

507.9
506.3
503.9

895.9
891.2
665.7

287.0
281.5
280.5

16S.Q
164.9
164.6

452.1
446.3
445.1

JULY
AUG.

177.5
179.0

6.4
6.5

266.3
291.9

203.9
210.6

2023.0
2035.9

676.4
676.2

133.4
136.9

197.7
200.6

331.1
337.6

380.0
376.0

503.7
501.1

683.8
677.1

279.7
281.1

165.7
166-0

445.4
447.1

176.2
178.7
179.0
179.4

288.7
290.5
292.2
291.6

206.4
209.4
210.2
211.1

134.8
135.9
136.7
137.5

377.6
377.1
376.0
375*4

179.6
179.2
179.3

293.7
294.9
290.7

213.1
215.0
214.8

136.3
U9.3
140.2

374.7
374.2
373.2

SEEK ENDING
1986
AUG.

4
11
18
25

SEPT. 1
6 P
15 P

1/
2/
3/

4/
5/
6/
7/
8/
9/
10/

j

;

278.9
280.7
281.3
282. Q
281.7
280.8
281.1

COaBXICX OUTSIDE THE U.S. TREASURY, fEDZBIL RESERVE BANKS AMD VAULTS OF COHHERCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OF YAOLT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE T H E M OCD LIABILITIES.
OUTSTANDING AflOOIT OF U.S. DOLLAR-DBNOHIHATED 3BAY£LEAS CHECKS OF NONBANK ISSUERS. TRAYELBBS CHECKS ISSUED BX DEPOSITORY
INSTITUTION'S ABE INCLUDED IN DEB AND DEPOSITS.
OEHAND DEPOSITS AT COHHBRCIAL BANKS AND FOREIGN RELATED INSTITUTIONS OTHER THAN THOSE DUE TO DOflESTIC BANKS, THE B.S. GOYERNRENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEflS IN THE PROCESS OF COLLECTION AND FEDERAL RESERYE FLOAT.
EXCLUDES THE ESTIHATSD AHOUNT OF DEHAND DEPOSITS HELD AT COflflSRCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD
LIABILITIES.
CONSISTS OF NO* AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCES AND
DEHAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS THE DIFFERENCE BETXEEN THE
SEASONALLY ADJUSTED SUH OF DEHAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEHAND DEPOSITS.
SUH OF OYERNIGHT RPS AND OYERNIGHT EURODOLLARS* HONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER),
HHDAS, AND SAYINGS AND SHALL TIRE DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AflOOMT OF
DEHAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIRE AND SAYINGS DEPOSITS LIABILITIES.
SOH OF LARGE TIRE DEPOSITS, TERR RPS AND TERR EURODOLLARS OF 9.S. RESIDENTS, RONEY HARKET FUND BALANCES (INSTITUTIONONLY), LESS A CONSOLIDATION ADJUSTMENT THAI REPRESENTS THE ESTIHATED AHOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY
INSTITUTION-ONLY HONEY RARKET FUNDS.
SAVINGS DEPOSITS EXCLUDE RHDAS.
SHALL DENORINATION TIRE DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AHOUNTS OF LESS THAN $100,000. ALL
INDIVIDUAL &JSTIREREHT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ARE SUBTRACTED FROR SHALL
TIRE DEPOSITS.
LARGE DENOMINATION TIRE DEPOSITS ABE THOSE ISSUED IN AHOUNTS OF $100,000 OR HORE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOMINATION T1HE DEPOSITS AT COHRERCIf* BANKS LESS THOSE HELD BY HONEY HARKET MUTUAL fUJIDS,
DEPOSITORY INSTITUTIONS AND lOHEIGh' BANKS «ND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 4

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

Date

2/
3/
4/

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

commercial paper3

Debt components 4
federal debt
non-federal debt

76.7
77.2
78.0

279.2
277.3
280.6

43.7
43.6
43.2

171.6
182.9
187.2

1479.5
1496.7
1506.6

4910.3
4963.6
501d.8

OCT.
NOV.
DEC.

78.5
79.0
79.5

280.9
299.5
307.1

43.9
43.1
41.1

192.5
196.4
209.5

1518.0
1549.0
1586.3

5074.0
5131.5

1986-JAN.
FEB.
HAH.

79.9
80.5
81.1

304.1
305.8
298.0

41.5
42.1
41.6

210.6
209.2
209.5

1608.0
1621.1
1628.2

5305.7
5342.8
5384.1

APEHAY

297.1
JOS* 1

JUNE

81.8
82.6
83.4

301.0

41.0
40.1
40.3

203.0
206.7
210.7

1638.8
1656.3
1677.7

5432.2
5478.3
5520.2

JOLT P

84.3

297.5

40.2

213.3

1697.1

5566.5

1985-JULY
AUG.
SEPT.

1/

savings bonds

5223.7

CO1SISTS OF U . S . THEASURI BILLS AMD COUPONS NITH BKMAINIJiG MATUHITIKS OP LESS THAN 12 MOUTHS HELD BY OTHBB THAN DEPOSITOHY
INSTITUTIONS, FEDERAL BESEkVE BANKS, HOBBY MABKET MUTUAL FUNDS AMD FOBBIGH E N T I T I E S .
NET OF SANKEfiS ACCEPTAHCES H£LD BX ACCEPTING bkH&S, tKDZRkL R&S&MV& BANKS, FOB BIG* OFFICIAL INSTITUTIONS. THE FEOSfiAL
HOBS LOAM BANK SXSTE4 AND HOMEY HABKET MUTUAL iUMDS*
TOTAL COHMEBCIAJ. PAPEB LESS COaMEBCIAL PAPEfi HELD BY MONEY MABKBT MUTUAL FUNDS.
DEBT DATA ABE ON A AONTBLY AVEBAGE B A S I S , DEB11&D BY AVEHAGING END*OF-HONTH LEVELS OF ADJACENT MONTHS, AND HAYS 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
Nontransactions components

Other checkable deposits

Date

Currency

1

Travelers
checks2

Demand
deposits3

at commercial
banks4

at thrift

total

6

in M2

in M3 only

7

Overnight
RPs*

Overnight
Eurodollars9

institutions5

General
purpose and
broker/dealer
money market
funds

167.7
167.6

6.6
6.2

260. 4

117.0
119.0

50.3
51.3

167.3
170.3

1909.1

265.0

1912.3

615.3
622.9

49.6
50.5

14.2
14.0

176.8
176.7

•Of.
DEC.

168.4
170.7
173.1

5.9
5.6
5.5

265.6
269.0
281.i

119.8
122.6
125.8

52.5
53.8
54.4

172.3
176.4
180.1

1922.0
1928.0
1934.7

628.5
635.0
639.2

50.9
52.5
53.3

14.3
13.9
17.0

177.0
176.8
176.5

198 6-JAM.
FEB.
BAA.

170.5
170.6
172.3

5.5
5.6
5.8

275.1
262.0
267.1

128.1
126.8
129.3

54.3
54.2
56.0

182.4
181.0
185.3

1945. 1
1951.8
1963.9

653.6
662.6
668.6

50.1
52.4
51.2

18.8
16.2
16.3

177.7
181*0
186.2

APR.
HAI
JUNE

173.6
175.8
177.4

5.8
5.9
6.5

278.7
276.7
285.6

134.8
132.8
136.6

59.9
60.5
63.0

194.7
193.4
199.6

1979.0
1988.9
2003.5

668.5
668. 1
667.2

51.0
51-5
49.7

17.6
17.6
16.6

191.4
193.2
197.2

JULY
AUG.

179.1
179.9

7.2
7.3

290.0
289.0

139.0
142.8

64.5
65.9

203.5
208.7

2024.6
2033.7

668.6
676.1

54.7
57.4

17.2
16.7

199.4
200.2

1985-AUG.
SEPT.
OCT.

• U K ENDING;
1986-AUG.

SEPT,

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

4
11
18
25

179.5
180.8
179.9
178.9

290.3
290.8
291.9
283.0

141.4
143.3
142.3
141.8

66.0
66.8
65.9
64.4

207.3
210. 1
208.2
206.2

55.7
57.5
57.9
57.8

16.3
15.3
15.9
17.6

200.7
201.4
200.0
200.0

1
8 P
15 P

179.4
180.8
179.9

287.2
298.0
294.7

143.4
149.1
148.6

65.7
68.6
67.9

209. 1
217.7
216.5

57.5
55.8
55.0

18.5
16.1
15.8

198.8
198.4
200.5

CURHBMCI OUTSIDE THJC O.S. TRBASOBI, FEDERAL HES3BVS BANKS AHD THE TA0LTS OF COMMERCIAL BAIKS. EXCLUDES THE ESTIMATED
AMOUNT OF VAULT CASH H£LUfitTHBIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBAHK ISSUERS. TBAVELEKS CHECKS ISSUED BY DEPOSITOBX
INSTITUTIONS ABE INCLUDED IN DEMAND DEPOSITS.
DBHAND DEPOSITS AT COMMERCIAL BANKS OTfLBH THAN THOSE DUE TO DOMESTIC BANKS, TEE U.S. GOVERNMENT AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH IT M S IN THE PROCESS OF COLLECTION AND F.H. FLOAT, LESS THE ESTIMATED AMOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BI THRIFT INSTITUTIONS TO SJZRVIOS THEIR OCD LIABILITIES.
CONSISTS OF NOi AND ATS BALANCES AT COMMERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT
CORPORATIONS.
CONSISTS OF NON AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE
DRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS.
SUM OF OVERNIGHT RPS AND EURODOLLARS, MONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), HHDAS AND SAVINGS
AND SMALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DBHAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TEJtfl RPS AND EURODOLLARS OF U.S. RESIDENTS, HONE! HABKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS TH2 ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY
MONET MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT HPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
HONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN BRANCHES OF U.S. BANKS HOKLDUIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
HONEY HAKKET MUTUAL FUNDS (GENERAL PURPOSE AND BhOKER/DEALEK).




H.6 (508)
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
total
thrift
commercial
Institutions
banks

at
commercial
banks

Savings deposits
at

thrift
institutions

1

total

Small denomination time deposits2
at
at
total
commercial
thrift
banks
institutions

Large denomination time deposits3
at
at
thrift
commercial
total
banks4
institutions

317.9
321-3

177*3
178.5

495*2
499*9

124.0
123*7

174.9
175.4

298*9
299.1

385.3
385.1

497*1
495.4

882.5
880.5

267.4
272.6

153.9
155. 1

421.4
427.6

OCT.
MOV*
DEC.

324.3
329.2
332.4

179*8
180*3
179*6

504. 1
509*5
512.0

124*6
124.3
123.5

178.3
179.0
178.3

302*9
303*3
301.8

384.8
384.2
384.8

496.5
496*4
497*6

881.3
880*7

276.3
278.2
280*9

156.2
157.1
157.8

432*5
435*3
438.7

1986-JAV*
FEB.
HAB*

336*7
337.0
340.4

179*0
179*4
180*2

515.7
516*3
520.5

123*9
123*6
124*9

178*8
179.1
181.6

302.7
302.7
306.5

386.$
387.1
387.2

502.6
504.6
504.6

889.1
891.7

288*5
290* <f
287*7

159.0
160.7
163*2

447.6
451.0
450*8

APR*
RAT
JUNE

344*8
348.6
355.2

180.4
182*2
185.2

525*2
530.8
540*4

127*2
129.5
132*2

185.8
190*3
194*8

312*9
319*9
327*0

384.5
382*3
310.7

505*1
502.4
501.0

889.6
884.7
881.7

283*6
280*8
278*8

164*1
164*4
164*1

447*6
445*1
442*9

JULY
AUG.

358*9
363.5

187*2
189*8

546*2
553.3

135*1
137.3

198*7
199.4

333*7
336.7

379*9
378.0

502.8
500.4

8 8 2.'6
878.4

278*7
281.4

164*6
165*9

443.3
447.3

1985~AUG.
SEPT.

9*U~S

*EEK ENDING
1986
AUG.

4
11
18
25

SEPT. 1
8 P
15 P

1/
2/

360.9
362.3
363*7
364.1

135*6
136*6
137.3
137*7

378.7
378.6
378.0
377.6

278.6
280.4
281*1
282*7

365*3
367*9
369.1

138.1
139.4
140.1

377.2
376.7
375.6

283*3
282*3
282.2

SAVINGS DEPOSITS EXCLUDE HHDAS*
SHALL DENOMINATION TIHE DEPOSITS ~ INCLUDING RETAIL RPS ~ ARE THOSE ISSUED III AHOUNTS OP LZSS THAI $ 1 0 0 , 0 0 0 . ALL
U O I f l D O A L l B t l M U ' l t ACCOUNTS (IBA) AND KEOGH ACCOUNTS AT COHHERCIAL BASKS AMD THRIFTS ABE SUBTRACTED FROH SHALL

SB6E D D*H0fllilATI0M IIHE DEPOSITS ARE THOSE ISSUED IH AHOUNTS OP $ 1 0 0 , 0 0 0 OR MORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
•BANKING FACILITIES ( I B F S ) *
4/
LARGE DUNOBINATION TIHB DEPOSITS AT COHHERCIAL BANKS LESS THOSE HELD BT HONEY HARKET HUTUAL FUNDS, DEPOSITORY

INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.

3/

H.6 (508)
Table 5-continued

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
Eurodollars1

Savings
bonds

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

Components of Debt
Commercial
paper*

Federal debt*

Non-Federal9
debt

63.6
62.3

30.6
31.2

26.7
27.5

57.3
58.6

78.8
78,9

77.1
76.0

280.4
281.3

44.3
43.9

181.0
187.8

1495.8
1506.9

4945.7
5003.0

OCT.
NOV.
DEC

63.3
64.5
64.6

30.5
31.7
32.1

29.2
31.6
33.9

59.8
63.3
66.0

78.2
78.4
76.7

78.5
79.0
79.6

280.7
295.7
304.3

43.8
43.3
42.1

193.4
199.1
204.6

1515.6
1544.2
1583.7

5062.9
5123.2
5220.4

1986-JAN.
FEB.
HAH.

67.3
67.7
70.2

33.7
35.8
37.2

35.1
34.7
34.4

68.8
70.6
71.6

76.1
79.4
82.9

80.0
80.5
81.1

303.8
306.7
304.2

42.2
41.9
40.7

207.5
208.8
207.9

1606.7
1621.0
1633.3

5300.4
5323.4
5351.9

APR.
BAT
JUNE

74.1
76.1
75.0

35.6
35.5
33.9

35.9
38.7
41.6

71.5
74.2
75.5

81.6
79.9
80.5

81.8
82.6
83.4

299.7
298.8
298.3

39.9
39.6
39.8

205.2
207.0
213.3

1644.6
1660.7
1678.9

5397.7
5448.3
5497.8

JULI
AUG.

77.5
80.8

33.0
33m&

42.0
41.7

74.9
75.6

79.5
79.5

84.2

298.5

40.1

215.5

1695.6

5548.3

79.8
80.4
80.0
80.9

33.7
33.1
33.6
33.3

82.9
83. 3
84.5

34.9
34.8
36.0

198 5-AUG.
SEPT.

iEEX S*DIMGs
1986-AUG.

4
11
18
25

SEPT. 1
8 P
15 P

1/

TERM BPS ARE TBOSE SXTH ORIGINAL MATURITIES GREATER THAN OMB DAT, EXCLUDING CONTINUING CONTRACTS AID RETAIL BPS. INCLUDES
A BELATIVELI SHALL AMOUNT OP OVERSIGHT RPS AT THRIFT INSTITUTIONS.
2/ TERM EURODOLLARS ABS THOSE KITH ORIGINAL MATURITIES GBEATEB THAN OHE DAY. CONSISTS OP THOSE ISSUED TO U.$. BESIDENTS BI
FOBEIGN BRANCHES OF U.S. BANKS WORLDWIDE AND BY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THOSE HELD
BI DEPOSITOBT INSTITUTIONS AND HONEY MARKET MUTUAL FUNDS.
3/ CONSISTS OF U.S. TREASURY BILLS AND COUPONS 4IITH REMAINING HATUBITIES OF LESS THAN 12 HONTHS HELD BX OTHEB THAN DEPOSITOBX
INSTITUTIONS, F3DEHAL RESERVE BANKS. HONE! HABKET MUTUAL PUMDS, AND FOBEIGN ENTITIES.
%/ NET OF BANKERS ACCEPTANCES HELD BT ACCEPTING BANKS, FEDERAL BESEBYE BANKS, FOBEIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND MONEY MABKET MUTUAL FVHDS5/ TOTAL COHMSBCIAL PAPER LESS COMHBHCIAL PAPER HELD BY MONEY HABKET MUTUAL FUNDS.
6/ DEBT DATA ABS ON A MONTHLY AVERAGE BAS1S9 DJ2RIYED BY AVEBAGING END-OF-MONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO BEHOVE DISCONTINUITIES.




H.6 (508)
Table 6

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

Date

foreign
commercial
banks

foreign
official
institutions

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

U.S. government deposits
demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

note balances
at commercial
banks
and thrift
institutions

8.5

11.1

10.7
17.9

1.3
1.3
1.4

7.5
3.4

20.5
21.0
12.4

34.5
31.7
19.2

1.3
1.4
1.4

4.2
3.0
3.5

3.7
4.8
2.9

13.6
18.7
12.6

21.5
26.5
18.9

1.5
1.5
1.7

7.2
7.2

3.6
3.0

3.8
3.2

13.2

20.6
14.2

1.6
1.7

1.7
1.7

7.2
7.2
7.2
7.2

3.1
3.0
3.3
2.9

3.3
3.9
3.2
3.4

11.9

I. 8

11.6
11.6
11.6
1.7

1.7
1.7
1.8

7.2
7.1
7.1

2.8
3.5
4.5

2.0
3.5
3.8

9.7

18.3
13.4
11.8
15.2
14.4
11.8
13.3

2.0
2.1

8.2
8.2

2.d
3.4

3.0
4.3

10.6
13.4

OCT. ,
•Of. ,
DEC

8.2

8.3
8.4
8.3

3.0
3.0
3.4

3.1
2.8
3.4

2.4
4.8

8.5

1.9
2.1
1.9

1986-JAB. ,
FSB.
HAB.

8.8
8.3
8.4

2.0
1.9
1.8

8.0
7.8
7.6

3.6
3.2
3.3

10.5

APE.
BAY
JOtt

8.7
8.8
8.8

1.9
1.8
1.8

7.5
7.4
7.3

J0U
AUG. ,

9.1
8.9

2.0

8.5
9.2
8.7
8.7

I.9

9.2
9.7
9.0

1986
AUG.

time
and savings
deposits at
commercial
banks

1.3
1.3

7.8
8.1

ȣM

total demand
deposits and
note and
FR balances

16.4
21.1

1985-AOG.
SEPT.

8. 1

IRA and Keogh Accounts

1.8

8.1

BBDIHG:
4
11
18

25
SEPT. 1
8 P
15 P




6.5
5.3
8.9
4.8
4.9

•

1.7
1.7
1.7

commercial
banks

thrift
institutions

57.4
57.8
58.2
58.7
59.2

76.8
78.1
79.0
79.5
80.9

8.4
8.3
8.4
8.4
8.3

142. 6
144.3
145.7
146.6
148.4

60.7
62.5
64.2
68.4
69.5
70.1
70.8
71.1

81.9
82.9
86.4

8.6
8.7
9.0

151.2
154.2
159.5

90.4
91.2
92.1

9.$

10.1
10. 3e

92.9
93. 6e

10. km
10. 5e

168.5
170.8
172. 4e
174.1s
175. 2e

money
market
mutual funds

total