Full text of H.6 Money Stock Measures : September 26, 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
For Release at 4 : 3 0 Eastern Time

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

SEPIBJBIft 2 6 , 19 85

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

Date

M2
M3
M2p!us
M1 plus overnight RPR
large time deposits,
and Eurodollars,
MMMF balances (gen. pur. term RPs, term Eurodollars
and institution-only
and broker/dealer), MMDAs,
MMMF balances'
and savings and small
time deposits2
Seasonally adjusted

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors*

1984—AUG.
SEPT.
OCT.
MO?.
DEC.

548.9
551.5
548.3
553.8
558.5

2292.6
2308.4
2319.3
2346.3
2371.7

2878.8
2901.0
2925.1
2959.9
2995.0

3421.6
3452. 1
3473.5
3501.6
3539.4

5656.1
5711.2
5773.7
5850.6
5927.0

1 9 8 5 — JAN.
FEB.
HAfi.
APE.
flAT
JUMB

562.7
569.4
572.1
574.9
581.6
591.2
595.8
606.0

2398.9
2421.0
2429.3
2427.3
2444.6
2472.7
2490.6
2513.8

3020.5
3041.0
3055.6
3056.3
3075. 7
3102.7
3113.7
3136.0

3562.0
3593.4
3621.4
3624.3
3642.3

5993.7
6049.2
6102.8
6163.4
6226.5
6267.5
6349.9

1964—10G.
SEPT.
OCT.
107.
DEC.

545.0
548.5
548.2
555.9
570.4

2287.7
2298.8
2316.6
2344.4
2376.7

2874.8
2890.9
2920.6
2960.4
3002.2

3414.8
3441.6
3469.0
3502.2
3540.9

5636.0
5696.1
5760.7
5637.4
5920.8

1985—JAB.
FEB.
HAfi.
APE.
BAT
JD1E
JULI
AUG.

568.3
558.6
564.9
581.6
576.2
592.3
599.1
601.6

2404.2
2414.5
2429.6
2439.2
2440.7
2476.4
2496.6
2507.0

3024.2
3034.3
3057.3
3068.2
3073.6
3105.4
3115.9
3130.8

3566.8
3589.9
3627.7
3636.5
3637.2

5985.7
6027.7
6075.4
6135.1
6196.7
6262.6
632*.6

JU1I
AUG.

Not seasonally adjusted

M1
For period ended
1985-AUG.

5

12
19
26
SEPT.

2
9 P

16 P

MOTE:

Not seasonally adjusted
4-week average

13-week average

Seasonally adjusted
4-week average

591.0
592.9
594.7
596.5

596.6
599.4
602.0
604.8

602.1
603.1
605.8
608.3

590.9
593.0
594.9
596.8

597.5
597.9
599.9
601.5

604.7
604.9
603.0
593.4

598.3
600.1
601.7

606.7
609.4
610.5

609,6
613.7
610.4

598.0
599.6
601.0

600.5
604.1
606.8

600.5
619.3
614.1

week average

13-week average

week average

SPECIAL CAUTION SHOULD BE IAKEN IV INTBRPEETMG 1EEK-TD-HEEK CHAIGES I * ftOBEI SUPPLI DASA, IBICfi AfiE
HIGHLY. VOLATILE AND SUBJECT SO E E f l S I O i .
P—INDICATES PBELIHINABI DATA.
FOOTNOTES APPEAfi ON THE FOLLOWING PAGE




H.6 (508)
Table 2

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

M2

M1

M3

Debt1

3 MONTHS FBOH MAY

1 9 8 5 TO AUG.

1985

16.8

11.3

7.8

U 1

6 MONTHS FfiOM FEB.

1 9 8 5 TO AOG.

1985

12.9

7.7

6.2

12.2

12 MONTHS FBOM AUG.

1984 TO AUG.

1985

10.4

8.9

THIBTBBN HEBKS ENDING SEPT. 1 6 , 1 9 8 5
FfiOM THIfiTBEN NEBXS ENDING:

1/

1/

2/

3/

'
5/




JUNE

17,

1985

( 1 3 HBBKS PfiBVIOUS)

15.1

MAB.

18,

1985

(26 HBEKS PBBVIOUS)

12.3

SEPT.

17,

1984

( 5 2 HEBKS PREVIOUS)

9.5

G*O«iTB BATES FOB DEBT ABE BASED ON PBBIODS BEGINNING AND ENDING OMB MONTH BABLIIfi THAN §Q& 1HB ftONITABY AGGBBGAflS
NAMELY, APBIL 1985 TO JULY 1985, JANUABI 1985 TO JULX 1985, AND JOLX 1984 TO JULY 1985. BBSPBCTXVBLX.
FOOTNOTES TO TABLE 1
' *
CONSISTS OF (1) CUBBBNCI OUTSIDB THE IBBASUBX. FBDBBAL BESEfifS BANKS, ANO THE VAULTS OF COMMERCIAL BANKS:
(2) TBAVBLEBS CHECKS OF N0N8ANK ISSUEBS; (3) DEMAND DEPOSITS AT ALL CQHHIBCIAL BANKS OIMEfi 1HAM THOSE DOB TO
DOHESTIC BANKS, THB O.S. GOfEBNHENT, AND FOBBIGN BAHKS AND OFFICIAL INSTITUTIONS LESS CASH IT UBS IB THE BBOCESS
OF COLLECTION AND FEDERAL BBSBfeVB FLOAT; AND (4) OTHBH CHECKABLE DEPOSITS (OCD) CONSISTING OF BBQOZliMLE QBDBM
OF HITHDHANAL (NOH) AND AUTOMATIC TBANSFBB SBBVICE (ATS) ACCOUNTS AT DEPOSITOHX INSTITOTIONS,
CBfiDIT UNION SHABE DBAFT ACCOUNTS AND DEMAND DEPOSITS AT THfiJFT INSTITUTIONS. THB CUBBENCV AND DEMAND
DEPOSIT COMPONENTS EXCLUDE THI ESTIMATED AMOUNT OF VAULT CASH AND DEMAND D&BQSJTS, 1BSPBCIIULI- HELD BX
THRIFT INSTITUTIONS TO SBBVICE THEIB OCD LIABILITIES.
CONSISTS OF Ml PLUS OfBBNIGHT (AND CONTINUING CONTRACT) BPS ISSUED BX ALL COMMEBCIAL BANKS AND OVBBNIGHT BDBODOLLA1S
1SSU&D TO U.S. RESIDENTS BY FOBEIGN BH1MCHES OF U.S. BANKS HOBLDHIDB, MMDAS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDIN6 BBTAIJ- BPS—IN AMOUNTS OF LBSS TBAN $100,000), AMD BALANCES IN BOTH
TAXABLE AND TAX-EIEMPT GENEBAL PUBPOSB AND BBOKEii/DEALBB HONEY MARKET MUTUAL *QBDS. EXCLUDES XBA ANO KEOGH
BALANCES AT DEPOSITOBY INSTITUTIONS AND HONBI 4A&KBT FUNDS. ALSO EXCLUDES ALL BALANCES HELD BX U.S. COMMEBCIAL
BANKS, MONEY BASKET FUNDS (GENEBAL PUBPOSE AND 8B0KEB/DEALBB), FOBEIGN GOVEBNMENTS AND COMMfiBCIAL BANKS AND
THE U.S. GOVERNMENT. ALSO SUBTBACTED IS A CONSOLIDATION ADJUSTMENT IHAT BEPA&SEUTS TUB EStlBAlED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BX THB1FT INSTITUTIONS TO SEBVICB THEIB TIME AMD SAVINGS DEPOSITS.
CONSISTS OF M2 PLUS Lkkiil DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $100,000 OB MOBE) AMD 1BBM BP LIABILITIES ISSOBD
BY COMMEBCIAL BANKS AND THBIFT INSTITUTIONS, TBMM EUfciODOLLABS HELD BX U.S. B£SXDEMTS AT FOBBIGN BBANCHBS QF U.S. BINKS
HOkLDHIDB AND AT ALL BANKING OFFICES IN THB UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-BIEMPT
INbTITUtTION-ONLX MONEY MABKET MUTUAL FUNDS. EXCLUDES AMOUNTS HELD BY DBPOSITOBX INSTITUTIONS, THB U.S. GOVBBNMBNT, MQNBX
MAfiKET FUNDS, AND FOBBIGN BANKS AND OFFICIAL INSTITUTIONS- ALSO SUBTBAC1ED IS A CONSOLIDATION ADJUSTMENT 1HAI BEPBBSBMTS
THE ESTIMATED AMOUNT OF OVEflNIGHT EPS AND EUHODOLLABS HELD BX INSTITUTION-ONLY MONEY MABKJST MUTUAL FUNDS.
o?S.? S ° P fl3 P L U S T4i£ U0MBk*K B»»LlC HOLDINGS OF U. S. . SkVXBGS BQUDS. SBOBT-TEBM TBEASUBX SBCUJUtlBS, COMMEBCIAL
PAPEB AND BANKEBS ACCEPTANCES, NET OF BONEY MABKET MUTUAL FUND HOLDINGS CF THiSSB ASSETS.
cm?L°f D 0 B £ S T J L C "ONFINANCIAL SBCTOBS CONSISTS OF OUTSTANDING CBEDIT MABKBT DEBT OF THB UNITED STATES GOVfiBNHBNT,
^ ^ S ^ S t i G ? V E * N f l £ N T S A N ^ PBIVATE NONFINANCIAL SECTOBS. PBIVATE DIBT CONSISTS OF COBPOBATB BOJIUS, HOBTGAGBS,
(INCLUDING BANK LOANS), OTHEH BANK LOANS, COMMKBCIAL PAPEB, BANKBBS ACCEPTANCES AND OtHBB D£fiT
? A T A AhE 0 E R I V £ D FfiOI« T H B FEDERAL BfiSBBVB BOABD-S FLOH CF FUNDS ACCOUNTS. ALL DATA ON DJSBT OF DOMESTIC
OnTH
f f1^£S£MTliD I
'"**ifiB
*°R*' 0 M I ¥ B D *' AVBBAGING MONTH-END LEVELS OF ADJACENT MONTHS. 1HB
ST TISrjLCAL
S
^
WSCONT1NUITIBS THAT BAY ABISE IN THB UNIEBLXING FLOM OF IUBDS STATISTICS.

THE FEDpJlf J « L ? f L f i

T

? 1 S hELEkS* W « «

#

THJifiEFOBE, FBOM TUB QUU1TBBLI FLOH OF FUNDS STATISTICS CONTAINED IN

M.if

COMPONENTS OF THE MONEY STOCK
MMons of dollars, isssonatty atfjuttad
Nontransactlons

Othor
Dats

Tvavstsrs
ohoofcs*

Dsmand
dopooJts

4

taifttt*

In MS
only*

:
;

8>^<»pcw
*

1

at
total

banks

Soloctsd
8flMM tlrno dspoiMts"
at
at
total
thrift
banks

LariisttimdapoanV

at

at

thrift

total

banks19

155.9
156.8

5.2
5.1

246.8
247.5

141.0
142.2

1744.0
1756.9

586.0
592.6

127.0
126.1

169.5
168.5

296.5
294.6

378.8
381.7

476.2
482.8

855.0
864.5

255.0
258.0

137. 6

392.6

138.0

396.0

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 i 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
498.6

872.7
87b.5
885.6

263.2
263.6
264.4

141.9
147.1
151.8

405.2
410.7
416.2

1985-JAN.
FEB.
HAB.

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
1857.1

621.6
620.0
626.3

121.6
121.4
120.3

166.9
168.0
168.4

288.6
289.4
288.6

384.7
382.0
382.8

497.2
495.6
495.8

881.9
677.6
878.6

262.3
264.4
269.4

154.6
154.9
154.2

416.9
419.3
423.6

APB.
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

1852.4
1863.0
1681.5

628.9
631.0
630.0

119.6
120.4
121.9

168.3
168.9
170.2

287.8
289.3
292.1

387.6
390.0
390.7

497.8
502.1
503.5

885.3
892.0
894.2

273.0
272.1
267.7

154.4
156.1
156.4

427.3
428.2
424.2

JULI
AUG.

165.4
167.1

5.9
5.9

260.9
264.0

163.6
168.9

1894.8
1907.8

623.0
622.2

123.2
124.2

172.8
176.1

296.0
300.3

388.4
384.1

500.2
494.4

888.6
878.5

265.7
267.5

154.2
153.7

419.9
421.2

166.6
166.7
167.2
167.6

262.4
261.7
263.5
265.0

167.2
168.8
169.2
169.8

124.0
124.3
124.2
124.2

385.5
384.2
384,1
383.9

264.7
266.6
267.2
269.4

167.5
167.7
168.0

265.9
267.8
265.2

170.2
172.3
171.3

124.2
124.5
124.5

383.3
382.7
383.1

269.3
270.6
273.3

1984-AUG.
SEPT.

WEEK ENDING
1985
AUG.

5
12
19
26

SEPT. 2
9 P
16 P

1/
2/
3/

4/

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

1

CUBBBBCT OUTSIDE THE U.S. TBEASUBI, FEDEBAL BBSBBVB BABKS AID VAOLTS Of COBHBBCIAL BANKS. EXCLUDES IBB BSTXBATID
AHOONT OF VAULT CASH HELD BI THBIFT INSTITUTIONS TO SERVICE THBIB OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAB-DENOMINATED TBAVBLEBS CHECKS OF NONBANK ISSOEBS. TBAVELBBS CHECKS ISSUED BX DBPOSITOBI
INSTITUTIONS ABE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS AND FOBBIGN BELATED INSTITUTIONS OTBBB THAN THOSE DUE TO DOMESTIC BANKS, THB 0.S. GOVBBI
BENT AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THB PBOCESS OF COLLECTION kUD FBIBBAL BESEBVB FLQAT.
EXCLUDES THE ESTIMATED AMOUNT OF DEHAMD DEPOSITS HELD AT COMMEBCIAL BANKS BI IHBIFT INSTITUTIONS 10 SEBVICB THBIfl OCD
LIABILITIES.
CONSISTS OF NOB AND ATS BALANCES AT ALL DEPOSITOBI INSTITUTIONS, CBBDIT UNION SHABB OBAFT BALANCES AND
DEMAND DEPOSITS AT THBIFT INSTITUTIONS. OTH£B CHECKABLE DEPOSITS SBASONALLI ADJUSTED EQUALS THB DIF*IBBNCE BITHBIN TBB
SEASONALLY ADJUSTED SOB OF DBBAHD DEPOSITS PLUS OCD AND SEASONALLI ADJUSTED DhBkUD DEPOSITS. INCL0DBB ABE ALL CEILING
FBEE "SUPEB BOBS," AUTHORIZED BI THB DEPOSITOBI INSTITUTIONS DBBEGOLATIQN COHMTTEB TO BE OFFERED BB.GINNING JANUABI 5,
1983.
SUB OF OVEBNIGHT BPS AND OVEBNIGHT BUBODOLLABS, BOBEI BABKBT FUND BALABCBS |G£NEBAL PUBPOS1 AND BBOKftB/DEALBB),'
NMDAS, AND SAVINGS AND SHALL TIME DEPOSITS, LESS THB CONSOLIDATION ADJUSTHBBT THAT BBPBBSBNTS THE BS1IBA1BJ) AMOUNT OF
DEMAND DEPOSITS AND VAULT CASH HELD HI THBIFT INSTITUTIONS TO SBBVICE TBEIB TIflE ABO SAVINGS DEPOSITS LIABILITIES.
SUB OF LABGE TIME DEPOSITS, TEfifl BPS AND TEBH EUBODOLLABS OF 0.S. BESIDfNIS, MONEI BABKBT 9UBD BALABCBS (INSTITUTIONONLY) , LESS A CONSOLIDATION ADJUSTMENT THAT BEPBBSBNTS TBB ESTIMATED ABOUNT Of OVBBNIGHT BPS ABO BUBODOLLABS HELD BI
INSTITDTION-ONLI HONEI BABKET FUNDS.
SAVINGS DEPOSITS EXCLUDE HHDAS.
SHALL DENOMINATION TIME DEPOSITS—INCLUDING BBTAIL B P S — ABB THOSB ISSUlb IB ABOUBTS OF LESS THAN $100,000. ALL
INDIVIDUAL BETIBEHENT ACCOUNTS (IBA) AND KBMH ACCOUNTS AT COMMBBCIAL BANKS AND THBIFTS AB1 SUBTBACTID FBOH SHALL
TIME DEPOSITS.
LAfiGE DENOMINATION TIME DEPOSITS ABE THOSE ISSUED IN AMOUNTS OF $100,000 OB MORE, EXCLUDING THOSB BOOKED AT
INTEBNATIONAL BANKING FACILITIES.
LABGE DENOMINATION TIME DEPOSITS AT COHMEBCIAL BANKS LESS THOSE BBLD BI HONEI HABKBT MUTUAL FUNDS,
DEPOSITOBI INSTITUTIONS AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 4

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

Date

3/
4/

commercial paper9

Debt components4
federal debt
non-federal debt

252.1
261.1
273.5

48.2
47.8
46.8

159.4
160.5
157.2

1275.9
1297.8
1310.6

4317.2
4358.3
4400.6

OCT.
MO?.
DEC.

73.7
73.9
74.1

273.1
268.0
267.2

44.8
42*5
4IK3

156,7
157.6
161.8

1325.1
1347.5
1347. i

4440.5
4503.1
4559. 7

1985-JAN.
FEB.
a A*.

74.4
74.9
75.3

266.7
270.3
276.5

40.8
42.5
44.3

159.6
164.8
169.8

1384.0
1399.5
1409.0

4608.9
4649.7
4693.0

APB.
HAY
JUNE

75.8
76.2

279.4
279.2

44.0
42.5

168.9
168.6

1424.0
1442.0
1459.5

4739.4
4783.7
4020.0

1419.0

4020.9

JULY P

2/

Non-M3 components of L
short-term treasury
bankers acceptances1
securities1

73.1
73.3
73.6

1984~JULY
AUG.
SEPT.

1/

savings bonds

CONSISTS OF U.S. TREASURY BILLS AMD COUPOIS HU& REMAINING MATURITIES OF LESS THAU 12 BOH IMS HELD BI Q1UMM Til AM DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE fiAUKS, BOMET MARKET BUTUAL FUNDS AND FOREIGN ENTITIES.
NET OF BANKEfiS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVB BANKS, FORBIGN OFFICIAL INSTITUTIONS, THE FEDEIAL
HOME LOAN BANK SYSTEM AND HONEY MAMKET BOTUAL FUNDS.
TOTAL COflflEBCiAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET BUTUAL FUNDS.
DEBT DATA ABE ON A MONTHLY AVERAGE bkSIS, DERIVKD BY AVERAGING END-OF-BOMTB LEVELS OF ADJACENT MONTHS, AND HAVE BfBJi
ADJUSTED TO REMOVE DISCONTINUITIES.




H 6 (503)
Table 5

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

Other checkable deposits
Date

1

Currency

Travelers
checks2

Demand
deposits9

at commercial
banks4

at thrift
institutions*

total

inM2*

in M3 only

Overnight
RPs§

7

Overnight
Eurodollars*

General
purpose and
broker/dealer
money market
funds

156.5
156.5

5.7
5.4

243.8
246. 1

100.7
101.7

38.2
38.8

138.9
140.5

1742.7
1750.3

587.1
592.1

45.0
44.1

13.5
12.6

150.6
152.1

OCT.
NOV.
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
625.4

44.7
47.9
45.2

12.1
10.1
12.4

155.6
162.0
167.5

1985-JAN.
FEB.
BAB.

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
1864.7

620.1
619.8
627.8

48.7
56.3
55.7

14.2
13.3
12.1

171.9
175.1
177.6

APB.
HAT
JURE

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

1857.6
1864.5
1884.1

626.9
632.9
629.0

47.4
51.3
50.3

11.7
12.4
12.3

176.2
172.2
175.4

JULY
AUG.

166.8
167.7

6.6
6.6

262.2
260.9

115.0
117.0

48.5
49.3

163.5
166.4

1897.5
1905.5

619.2
623.8

50.2
52.0

12.4
14.1

175.8
176.7

1984-AUG.
SEPT.

WEEK ENDING:
198S-AUG.

SEPT.

1/

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

5
12
19
26

167.7
168.6
167.8
166.7

263.2
262. 1
262.6
255.9

117.0
117.8
116.8
116.0

50.0
49.8
49.1
48.4

167.0
167.6
166.0
164.3

51.8
50.6
53.5
52.3

13.5
13.6
14.3
15.3

175.6
176.9
176.7
177.1

2
9 P
16 P

167.2
168.9
168.0

260.1
270.0
268.4

117.3
122.3
120.7

49.4
51.7
50.8

166.7
174.0
171.5

51.6
52.1
51.5

13.5
13.9
12.9

176.8
176.0
176.5

CURRENCY

O U T S I D E THE U . S .

TREASURY.

FEDERAL

RESERVE

BANK!3 AMD T H E

rADLTS

OP 1COMMERCIAL

BANKS*

EXCLUDES

THE

E3UB1I11

&4O0NX OP VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCO LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NONBANK ISSUERS. TRAVELERS CHBCKS ISSUED BY DEPOSITORY
INSTITUTIONS ARE INCLUDED III DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DOE TO DOMESTIC BANKS, TUB U.S. GOVERNHENT AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.B. FLOAT, LESS TflB ESTIMATED AflOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF NOH AND ATS BALANCES AT COflHERCIAL BANKS, U.S..BRANCHES AND AGENCIES OF FOREIGN BANKS* AND E1GE ACT
CORPORATIONS. INCLUDES SUPER NOUS OF $41.6 BILLION IN THE WEEK ENDED SEFTBHBEfi 2, $42.9 B1LL1OU IN IHE MEEK EMDEB
SEPTEMBER *, AND $42.7 BILLION IN THE WEEK EUDED SEPTEHBEfi 16.
CONSISTS OF NO8 AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHARE
DRAFT BALANCES, AND DEflAND DEPOSITS AT THRIFTS. INCLUDES SOPBB NOUS OF $17.5 BILLION IN TH£ MEEK EMDiD SEPTEMBER 2,
$18.2 BILLION IN IHE WEEK ENDED SEPTEMBER 9« AND $17.8 BILLION IN THE iEEK ENDED SEPTEMBER 16.
SUB OF OVERNIGHT RPS AND EURODOLLARS, HONEY MARKET FUND BALANCES {GENERAL PURPOSE AND BBOKtR/DEALEfi), UMDAS AND SAVINGS
AMD SMALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULI CASH BELD fil THRIFT INSTITUTIONS TQ SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM kPS AND EURODOLLARS OF U.S. RESIDENTS, HONEI MARKET FOND BALANCES (INSTITUIION-ONII), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BI INSTITUTION-ONLY
MONEY MARKET BUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUBD BI COMMERCIAL £ANKS TO OTHER THAN DXPOSIIORY INSTITUTIONS AND
HONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BI FOREIGN BRANCHES OF U.S. BANKS IOKLDIIDE TO U.S. RESIDENTS OTHER THAN DEPOSITOR! INSTITUTIONS AND
HONE* MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).




H.e (508)
Table 5- continued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
?:'.:''Of:: of dollars, 'iot seasonally adjusted
! deposit accounts

Savings deposits1
at
thrift
institutions

Small denomination time deposits2
it
at
thrift
commercial
institutions
banks

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

commercial
banks

thrift
institutions

total

at
commercial
banks

24 3.6
244.8

145.3
143.8

388.9
388.6

126.8
125.2

168.9
167.4

295.7
292.6

379.9
384.0

475.9
483.4

86/. 4

256.4
259.3

138.7
138.6

J95. 1
397.9

I
248.2
OCTt
N3V.
' ' ii ' - > \ 267^1

U3.9
145.4
147.9

J92.0
402.4
415.1

124.3
12^.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
887.0

J64.0
i63. 6
265.9

143.1
147.6
151.1

407.1
411.2
416.9

JAM.
FEB.
MAR.

i
;
j

290.4
269.3
2dr^. 0

153,2
159.0
16J.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

366.3
384.1
383.7

502.0
499.5
496.3

688.4
88J.O
880.0

263.0
263.9
269.8

154.1
154.9
153.3

417.1
416.8
423.0

APR.
MAX

!
|

JUNE

295.9
298-3
307.3

164.5
165.6
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
«96.8

679.4
880. tf
88 J . 2

270.4
J70.0
267.3

153.4
156.1
156.0

423.8
426.0
423.2

JULY
AUG.

313.0
317.7

171.0
174.1

483.9
491.3

124.4
124.0

175.1
175.5

299.4
299.5

386.4
385.4

497.6
494. 1

884.0
879.5

264.9
269.3

154.3
155.0

419.1
424.4

at

StfPT.

ZJiDIiG
1986
12
19
26

315.7
316.6
317.8
318.6

124.J
124.4
124.0
123.7

385.7
385.4
385.4
385.1

^66.0
266.9
271.9

-T. 2
3 p
16 P

319,5
321.3
322.0

123.5
123.9
123.7

385.2
385.2
385.2

271.9
272.0
273.8

1/
2/
1/
4/

265.5

SAflNGS DEPOSITS EXCLUDE HMDAS.
SHALL DENOMINATION TIflE DEPOSITS — INCLUDING SETAIL RPS — ARE THOSE ISSUED IN lflOUNTS OF LESS THAN £100,000. ALL
INDIVIDUAL BETIEEHENT ACCOUNTS (IRA) AND KEOii'i ACCOUNTS AT COflflEBCIAL BAIKS AND THRIFTS ABE SUBTRACTED FROM SMALL
TIME DEPOSITS.
LABGE DENOMINATION TIRE DEPOSITS ABE THOSE ISSUED IN AMOUNTS OF $100,000 OR HOBE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BASKING FACILITIES 1IBFS).
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BT MONBX MARKET MUTUAL FUNDS, DEPOSITOBX
INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (506)
Table 5-continued

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

1984-AUG.
SEPT.
OCT.
MOT.
DEC.

Institution
only money
market funds

at commercial
banks

at thrift
Institutions

total

Term
Eurodollars1

Savings
bonds

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

Components of Debt
Commercial
paper*

30.7
31.3

33.4
35.4

64. 1
66.6

06.5
05.6

73.3
73.5

259.4
271.6

47.7
47.2

159.0
150.4

1295.8
1310.5

4340.3
4385.6

52.2
58.3
62.7

33.1
35.4
32.5

36.1
35.3
37.3

69.3
70.7
69.7

00.6
01.9
83.1

73.0
74.0
74.4

271.3
265.1
264.8

45.1
43.3
42.0

150.3
159.4
156.9

1323.0
1343.0
1364.7

4437.7
4494.4

1383. 1
1397.4
1412.0

4602.6
4630.3
4663.4

1427.1
1443.8
1457.9

4708.0
4754.9
4<604.8

1475.0

4850.9

1985-JAN.
FEB.
MAR.

65.0
62.2
59.5

29.9
31.2
32.7

35.1
34.5
3b. 2

65.0
65.7
68.9

81.1
01.3
04.7

74.6
74.9
75.3

268.5
273.0
284.1

42. 0
42.7
43.2

APR.
HAI

35.2
33.4
33.1

36.0
35.4
33.0

71.9
60.8
66.9

00.7
00.0
70.3

75.6
76. 1

2B2*%
277.1

42.6
41.7

169.3
160.6

JUNE

59.6
63.5
67.1

JULY
AOG,

64.8
62.9

31.1
32.1

33.8
34.4

64.9
66.5

76.2
75.5

62.9
62.8
62.2
64.2

30.2
31.5
32.4
31.7

62.4
62.5
61.9

34.0
33.2
33.5

5
12
19
26

SEPT. 2
9 P
16 P

2/
3/
4/
5/
6/

4556.1

EH01162

1985-AUG.

1/

Non-Federal*
debt

46.2
46.9

157.3
164.2
167.7

WEEK

Federal debt*

TBfiM APS ABE THOSE WITH ORIGINAL MATURITIES GREATEH THAN ONE DAI, EXCLUDING CONTINUING CONTRACT* AND BETAIL BPS. INCLUDES
A RELATIVELY SHALL AMOUNT OF OVEfiNIGHT RPS AT THRIFT INSTITUTIONS.
TERM EUfiODOLLARS ABE THOSE WITH ORIGINAL MATURITIES GREATER THAN ONE DAT. CONSISTS OF THOSE ISSUED TO U.S. RESIDENTS BT
FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE AND BY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THOSE HELD
BT DEPOSITORY INSTITUTIONS AND MONEY MARKET MUTUAL FUNDS.
CONSISTS OF U.S. TREASURY blLLS AND COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY OTHER THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERVE BANKS, HONEY MARKET MUTUAL FUNDS, AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND HONEY MARKET MUTUAi. FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET HUTUAL FUNDS.
DEBT DATA ABE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OF-HONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.




H 6 (508)
Table 6

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

IRA and Keogh Accounts

U.S. government deposits

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

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

foreign
commercial
banks

foreign
official
institutions

8.4
8.4

1.9
2.0

9.0
9.4

2.9
3.4

3.6
6.0

7.5
14.1

13.9
23.6

0.9
1.0

41.3
41.9

55.1
55.9

6.2
6.2

102.7
104.0

OCT.
HOT.
DEC,

8.5
8.8
8.6

1.8
2.1
2.0

9.2
9.4
9.6

2.7
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
43.6

56.9
57.7
59.0

6.2
6.5
6.9

105.7
107.3
109.7

1985-JAB.
FEB.
BAB.

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

1.1
1.1
1.0

45.3
47.0
48.6

61.1
63.1
65.4

7.4
7.7
7.9

114.0
117.9
122.1

APfi.
MAI
JUKE

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
17.7

1.0
1.0
1.0

53.5
55.1
55.9

69.2
70. 5e
71.8e

8.6
8.6
8.4e

131.2
134.2e
136.1e

JUlj
AUG.

7.9
7.6

1.8
1.9

8.3
8.2

3.1
2.8

4.0
J.O

20.0
10.6

27.0
16.4

1.0
1.1

56.7
57.4

73. 7«
75. 2e

8.5e
8.6e

138.8e
I41.2e

8.2
7.8
7.3
7.5

1.9
1.9
2.1
1.8

8.3
8.1
8.2
8.2

3.4
2.5
2.8
2.8

2.4
3.5
2.9
2.7

15.9
9.5
8.8
10.7

21.7
15.5
14.4
16.1

1I.O

7.1
9.0
7.6

2.0
1.9
2.3

8.2
8.1
8.2

2.6
3.5

3.3
3.6
3.2

9.4
6.3
6.3

15.3
13.3
14.2

Date

1984-AUG.
SEPT.

WEEK EWDIMG:
1985
AUG.

5
12
19
26

SEPT. 2
9 P
16 P

estimated




4.7

•0
I.O
•1
.1
.1
•1

commercial
banks

thrift
institutions

money
market
mutual funds

total