The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
t
L.4.1(731)
NOT FOR PUBLICATION
SURVEY OF MATURITY STRUCTURE OF OUTSTANDING
LARGE DENOMINATION CERTIFICATES OF DEPOSITS
AT LARGE COMMERCIAL BANKS
AS OF
APRIL 3 0 ,
BANKING SECTION
DIVISION OF RESEARCH AND STATISTICS
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
1986
MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERICAL BANKS
AS OF APRIL 3 0 , 1986
OUTSTANDING
CD'S MATURING I N
1986
1
j
AMOUNT
( I N MILLIONS)
j
1
1
GROSS SALES (ESTIMATED)
PERCENTAGE
AMOUNT
( I N MILLIONS)
PERCENTAGE
|
1
APRIL
1
MAY
1 4 , 7 5 1 .5
31 . 2
9 , 1 1 9 .7
JUNE
7 , 1 7 3 .7
15 . 2
JULY
2 , 4 1 1 .8
3,994, 2
8 .4
1 , 1 8 5 .9
AUGUST
7 4
|
1,832, 7
3 .9
510..4
SEPTEMBER
3 2
1,907. 7
4 .0
233. 4
OCTOBER
1, 5
1,457. 4
3. 1
|
1
|
1
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
4,497. 3
9, 5
2,515. 4
15. 7
OVER 12 MONTHS
11,706. 1
24. 7
47,320. 5
100. 0
TOTAL
AVERAGE MATURITIES
( I N MONTHS)
5.0
NUMBER OF BANKS
REPORTING
39
N0TEi
?iiSBASMEiKRSiTSl
1
.1
|
15
1
|
I
I
15,976. 7
100. 0
SBcggSiSIg}TISSS20F $100'000 0R M0REI5SUED BY BANKS WITH
|
TABLE 1
MATURITY DISTRIBUTION OF OUTSTANDINGS AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF APRIL 30, 1986
(AMOUNTS IN MILLIONS OF DOLLARS)
I
OUTSTANDINGS
I
CD' MATURING I N
1
1986
TOTAL
I
SALES (ESTIMATED)
I
OUTSIDE
1
NEW YORK CITY |1 NEW YORK CITY
1
1
|
1
|
1
1
TOTAL
1
OUTSIDE
|
1
| NEW YORK CITY 1
1
| NEW YORK CITY |
1
1
1
1
APRIL
MAY
14,751.5
3,611.9
11,139.6
9,119.7
2,155.0
6,964.7
JUNE
7,173.7
1,913.0
5,260.7
2,411.8
717.2
1,694.6
JULY
3,994.2
1,110.9
2,883.3
1,185.9
363.5
822.4
AUGUST
1,832.7
574.2
1,258.5
510.4
157.4
353.1
SEPTEMBER
1,907.7
507.8
1,399.9
233.4
52.4
181.1
OCTOBER
1,457.4
455.6
1,001.8
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
4,497.3
1,148.8
3,348.5
2,515.4
1,023.8
1,491.7
OVER 12 MONTHS
11,706.1
3,780.2
7,925.9
47,320.5
13,102.4
34,218.1
15,976.7
4,469.2
11,507.5
TOTAL
AVERAGE MATURITIES
( I N MONTHS)
NUMBER OF BANKS
REPORTING
NOTE:
|1
j
!
...
|
39
I1
!
i
!
1
1
5.5
4.9
9
30
INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT I N DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY BANKS WITH
DOMESTIC ASSETS OF $5 BILLION OR MORE AS OF DECEMBER 3 1 , 1982.
TOTAL SALES I S UNDERSTATED. SALES OF CD"S BETWEEN SURVEY DATES THAT MATURE IN THE REMAINING DAYS
OF THE CALENDAR MONTH OF THE CURRENT SURVEY ARE IGNORED.
<
TABLE 2
MATURITY D I S T R I B U T I O N OF OUTSTANDINGS AND SALES OF NEGOTIABLE T I M E C E R T I F I C A T E S OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF A P R I L
30,
1986
(PERCENTAGE D I S T R I B U T I O N )
1
i
OUTSTANDINGS
CD'
MATURING I N
1
1
1986
TOTAL
APRIL
MAY
31 .2
JUNE
1 5 .. 2
JULY
8 . ,4
AUGUST
1 NEW YORK C I T Y
I
OUTSIDE
NEW YORK C I T Y
|
|
i
1
1
1
j
2 7 ,,6
32. 6
14. 6
8. 5
3 . ,9
1
1
1
1
4. 4
SEPTEMBER
4 , ,0
1
OCTOBER
3 .. 1
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
9 . .5
1
1
1
1
OVER 12 MONTHS
2 4 , ,7
1
28. 9
23. 2
|
100. 0
1
1
100. 0
100. 0
|
1
TOTAL
NOTE:
TOTAL
|
57 . 1
15. 4
|
15 . 1
8. 4
7 ,4
3. 7
|
1
|
3. 9
4. 1
1
1 .5
3. 5
2. 9
8. 8
9. 8
|
1
|
1
INCLUDES NEGOTIABLE C E R T I F I C A T E S OF DEPOSIT I N DENOMINATIONS OF $ 1 0 0 , 0 0 0
DOMESTIC ASSETS OF $ 5 B I L L I O N OR MORE AS OF DECEMBER 3 1 , 1 9 8 2 .
3 .2
15 .7
1
I NEW YORK C I T Y
i
i
I
1
i
i
i
i
ii
OUTSIDE
1
1
I NEW YORK C I T Y
1
48. 2
60. 5
16. 0
14. 7
8. 1
7. 1
3. 5
3. 1
1. 2
1. 6
22. 9
13. 0
100. 0
100. 0
i
i
i
1 0 0 . .0
!
OR MORE ISSUED BY BANKS WITH
TOTAL SALES I S UNDERSTATED.
SALES OF CD"S BETWEEN SURVEY DATES THAT MATURE I N THE REMAINING DAYS
OF THE CALENDAR MONTH OF THE CURRENT SURVEY ARE IGNORED.
!
SALES ( E S T I M A T E D )
I
|
1
TABLE 3
MATURITY D I S T R I B U T I O N OF OUTSTANDINGS AND SALES OF NEGOTIABLE T I M E C E R T I F I C A T E S OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF A P R I L
30,
1986
(AMOUNTS I N M I L L I O N S OF DOLLARS)
I
OUTSTANDINGS
C D ' S MATURING I N
TOTAL
1986
SALES ( E S T I M A T E D )
I
CD FUTURES
I CONTRACT BANKS
|
|
OTHER
I
CD FUTURES
I CONTRACT BANKS
OTHER
APRIL
MAY
3 , 0 3 8 .7
6,081 .1
2 , 2 9 8 .8
4 , 8 7 5 .0
2 , 4 1 1 .8
798 .4
JULY
1,613 .4
3 , 9 9 4 .2
1,690 .2
i
2 , 3 0 4 .0
1 , 1 8 5 .9
321 .4
AUGUST
864 .5
1 , 8 3 2 .7
672 .9
I1
1 , 1 5 9 .8
510 .4
93 .2
SEPTEMBER
417 . 2
1 , 9 0 7 . .7
888 .2
1 , 0 1 9 ,.5
233 .4
156 . 2
OCTOBER
77. 2
1,457. 4
6 2 3 .6
8 3 3 , .7
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
4,497. 3
2 , 1 2 5 , ,6
2 , 3 7 1 . ,7
2 , 5 1 5 ..4
1,408. 9
1,106. 5
OVER 1 2 MONTHS
11,706. 1
5,942. 1
5,764. 0
47,320. 5
19,271. 7
8
15,976. 7
5,816. 9
10,159. 8
1
NUMBER OF BANKS
REPORTING
T E :
5.9
4.4
39
30
I
i5kii«? sSgciv i^ !g„agis
T
^ |
I
F
ASSETI60FES5EBIU!SNT!I SORISS'S? £ECE»"E"5?!?"82°
F
B E
EY mtes that
DOMES?:!
w p R
1
5.0
i
1
1
1
1
1
1
1
1
AVERAGE M A T U R I T I E S
( I N MONTHS)
00
9 , 1 1 9 .7
7 , 1 7 3 .7
O
9,721 .1
JUNE
00
5 , 0 3 0 .3
CM
1 4 , 7 5 1 .5
TOTAL
"°
TOTAL
s
P
S g ? ; ^ r „ E
,
K ? ;
R
I
N
? ^ S i „ ™
0 S E
"
H 0 S E
C D
"5
a R E
"
0 l i E
"#,ui,e in the
I S 5 U
E"
BY BANKS WITH
-«=
OF THE DELIVERABLE.E CD
TABLE 4
MATURITY DISTRIBUTION OF OUTSTANDINGS AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF APRIL 3 0 ,
1986
(PERCENTAGE DISTRIBUTION)
OUTSTANDINGS
CD'S MATURING I N
1
TOTAL
SALES (ESTIMATED)
1 CD FUTURES
1 CONTRACT BANKS J
1 CD FUTURES
I
jCONTRACT BANKS 1
TOTAL
OTHER
1
1
1986
1
1
APRIL
|
i
31 .2
26.1
34 .7
57 . 1
52.2
JUNE
59.9
15 . 2
11.9
17 .4
15 . 1
JULY
13.7
15.9
8 .4
8.8
8 .2
7 .4
AUGUST
5.5
8.5
3 .9
3.5
4 .1
3 .2
1.6
SEPTEMBER
4.1
4 .0
4.6
3 .6
1 .5
OCTOBER
2.7
.8
3 .1
3.2
3 .0
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
9, 5
11.0
8, 5
15. 7
24.2
10.9
OVER 12 MONTHS
24. 7
30.8
20. 6
100. 0
100.0
100. 0
N0TE
'
JSFCSLG A S
E
I^
A
^
E
$
I
E
^L
F
^RE
SOFR§EATSTF D E C E M S E R ' S I ! 1 ? ^ 0 '
OF T THE S CAL1NMR U MSNTH T OF E ?AE ^RRIN? F SURV1Y B IRE E FGNORED EY
SSPPRYTF0FP5RP5SEIT0FA^
1
1
|
MAY
TOTAL
1
|
OTHER
WH0SE
CD
"S
ARE
DATES
1
1
1
100. 0
$ 1
°°'000
THAT
°R
MATURE
M
°RE
IN
ISSUED
THE
1
|
i
j
100.0
»*NKS WITH
REMAINING DAYS
CONSIDERED AS PART OF THE DELIVERABLE CD
100.0
|
TABLE 5
MATURITY D I S T R I B U T I O N OF OUTSTANDING NEGOTIALABLE TIME C E R T I F I C A T E S OF DEPOSIT
AT LARGE COMMERCIAL BANKS, BY FEDERAL RESERVE D I S T R I C T
AS OF A P R I L
30,
1986
(AMOUNTS I N M I L L I O N S OF DOLLARS)
C D ' S MATURING I N
1986
ALL
DISTRICTS
11
BOSTON
NEW
YORK
PHILADELPHIA
1
CL E V E - |I R I C H LAND |1 MONO
1
i
ATLANTA j CHICAGO
ST.
LOUIS
MINNEAPOLIS
1
1
KANSAS
CITY
1
DALLAS|
I
SAN
|
FRAN- |
CISCO |
1
1
APRIL
MAY
14,751
430
3,612
68
1,228
832
164
2,558
0
1
0
0
2,542
3,318
0
0
730
1,302
JUNE
7,174
302
1,913
49
659
541
64
1,614
0
JULY
3,994
27
1,111
14
310
465
50
624
0
0
0
374
1,021
AUGUST
1,833
13
574
3
158
165
11
198
0
0
0
274
437
SEPTEMBER
1,908
12
508
3
159
148
12
153
0
0
0
322
591
OCTOBER
1,457
11
456
2
65
97
111
239
0
0
0
171
406
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
4,497
29
1,149
99
312
170
1111
490
0
0
0
694
1,443
OVER 1 2 MONTHS
11,706
8
3,780
235
1,925
429
1331
657
0
0
0
1,284
3,256
47,321
831
13,102
473
4,815
2,846
555 j
6,533
0
0
0
6,390
11,775
6.4
3.9
TOTAL
AVERAGE M A T U R I T I E S
( I N MONTHS)
|
5.0
1.5
5.5
8.5
5.6
3.2
!
i
NUMBER OF BANKS
REPORTING
39
1
9
1
4
4
1
2
1
NOTE:
INCLUDES NEGOTIABLE C E R T I F I C A T E S OF DEPOSIT I N DENOMINATIONS OF $ 1 0 0 , 0 0 0
DOMESTIC ASSETS OF $ 5 B I L L I O N OR MORE AS OF DECEMBER 3 1 , 1 9 8 2 .
5
!
.0
1
"
1 "
i
i
1
OR MORE ISSUED BY BANKS WITH
4
5
5.6
|
9
I
TABLE 6
MATURITY D I S T R I B U T I O N » F ^ S T J H D ^ H ™ T * A I
AS OF A P R I L
S
^
T
30,
XH|
e
CE|TIFICAJES
OF DEPOSIT
1986
(PERCENTAGE D I S T R I B U T I O N )
C D ' S MATURING I N
1
1
j BOSTON
1
ALL
1 DIST1 RICTS
NEW
YORK
1
1
I P H I L A - | CLEVE- 1 R I C H 1DELPHIA|
LAND 1 MONO
1
1
!
1
ATLANTAJCHICAGO
ST.
LOUIS
MINNEAPOLIS
KANSAS
CITY
DALLAS
1
|
|
|
SAN
FRANCISCO
|
MAY
31 .2
51 .7
27 . 6
14.5
25 . 5
29 . 2
29 . 5
JUNE
15 . 2
36 . 4
14 . 6
10.3
13 . 7
19 . 0
11 .6
JULY
8 .4
3 .2
8 .5
2.9
6 .4
16 . 3
AUGUST
3 .9 "
1 .6
4 .4
.6
3 .3
SEPTEMBER
4 , ,0
1,. 4
3 . .9
.7
3. 3
OCTOBER
3 .1
1, 3
3. 5
.5
1. 3
|
3. 4
|
NOVEMBER-APRIL
( 7 - 1 2 MONTHS)
9. 5
3. 5
8. 8
20.9
6. 5
6. °
1
9
28. 9
|
49.7
|
I 100.0
1
|
1
1
I
OVER 1 2 MONTHS
1
24.
TOTAL
100.
1
'
0
i
!
100.
•!
100. 0
j
j
|
40. °
j
| 100. o
1
39 . 2
.0
.0
.0
39 . 8
28.2
|
24 .7
.0
.0
.0
11 . 4
11.1
9 .0
9 .6
.0
.0
.0
5 .9
8.7
|
1
|
5 ,8
2 .0
3 .0
.0
.0
.0
4 .3
„
i
5. 2
2 .1
2. 4
.0
.0
.0
5, 0
5.0
|
1 ..9
3.
.0
.0
.0
15.
20. 0
23.
9
11
1 100. 0 1 100. °
1
1
|
2. 7
3.5
|
.0
.0
.0
10. 9
12.3
10. 1
1
|
I
1
1
.0
.0
.0
20. 1
27.7
1 100. °
1
.0
.0
.0
100. 0
100.0
|
1
1
|
1
|
7
7. 5
!
"0TE' S&!i,DEI !s^S4S^SEKJ[,'SSTSi S5RiESIs5f JgcgggiSISfT1?SI2?F 5100-00°08 " °
II
R E
" ««««= ».TH
TABLE 7
SALES OF NEGOTIABLE T I M E C E R T I F I C A T E S OF DEPOSIT SINCE PREVIOUS MONTH
AT LARGE COMMERCIAL BANKS, BY FEDERAL RESERVE D I S T R I C T
AS OF A P R I L
30,
1986
(AMOUNTS I N M I L L I O N S OF DOLLARS)
C D ' S MATURING I N
ALL
1 DIST1 RICTS
1
1
MAY
9,120
JUNE
2,412
JULY
1 , 1 8 6 11
AUGUST
510
SEPTEMBER
233
AFTER SEPTEMBER
TOTAL
™0TE'
2,515
15,977
DOMES?!!
i
1
1 BOSTON!
1
3461
NEW
YORK
!
RICHMOND
ATLANTA CHICAGO|
1
57
861
717
15
328
190
21
364
5
101
161
157
0
38
28
1
52
1
6
1,024
19
401
4,469
98
1,748
11
1
!
638 j
A i s ? { " o F E s ! E m " S 8 T o i 8OREEA°SS
1
19
ST.
LOUIS
| MINNE| APOLIS
1
1
2,155
2641
|
21|
i
1
I P H I L A - | CLEVE1DELPHIA|
LAND
1
1
338
46
135
898
DECEH'BE"1"?"?^;0'
109
1
1,827 1
01
0
223|
01
0
21
1581
0|
0
1
H
i7
i
0|
0
1
6
158
1071
2,426|
0R
"°RE
0|
0
01
0
0
01
I S S U
aSkIiN?FsSS:irBI5SE?S,SET °#TES THAT M6TUREIN T"E
KANSAS|
CITY |
«
6V
»«»«
°i
DALLAS
SAN
FRANCISCO
1,524
1,903
108
546
01
114
241
-!
96
94
37
132
188
632
2,068
3,548
•
°
°
1
•1
" " "
|
|
|
TABLE 8
SALES OF NEGOTIABLE TIME C E R T I F I C A T E S OF DEPOSIT SINCE PREVIOUS MONTH
AT LARGE COMMERCIAL BANKS, BY FEDERAL RESERVE D I S T R I C T
AS OF A P R I L
30,
1986
(PERCENTAGE D I S T R I B U T I O N )
C D ' S MATURING I N
ALL
DISTRICTS
BOSTONI
NEW
YORK
P H I L A - I CL E V E - | R I C H LAND | MOND
DELPHIAI
1
1
I ATLANTA CHICAGO|
ST.
LOUIS
MINNEAPOLIS
KANSAS
CITY
DALLAS
SAN
FRANCISCO
1
|
|
|
1
i
1
|
.0
.0
. 0
7 3 .7
53.6
1
I
9 .2
|
.0
.0
.0
5 .2
15.4
|
13 . 3
6 .5
|
.0
.0
.0
5 .5
6.8
|
3. 1
.6
3 ,9
I
.0
.0
.0
4 .7
2.6
|
|
5. 2
.8
,7
.0
.0
.0
1 ,8
3.7
|
23. 0
|
15. 0
3 .5
4 .. 4
|
1
|
.0
.0
.0
9 .1
17.8
100. 0
|
100. 0
1 1 0 0 ..0
1 0 0 . .0
|
.0
.0
.0
100 . 0
100.0
MAY
57. 1
54.3
|
48. 2
5 8 . .6
|
49 . 2
|
37 . 6
1
68 . 8
75 .3
JUNE
15. 1
41.4
|
16. 0
15. 8
|
18 .8
|
21. 1
1
13 . 0
JULY
7. 4
3.3
|
8. 1
4. 7
|
5 .8
|
18. 0
1
AUGUST
3. 2
.2
|
3. 5
0
|
2 2
|
SEPTEMBER
1. 5
.2
I
1. 2
1. 2
I
1. 1
15. 7
.7
|
22. 9
19. 7
|
100. 0
100.0
|
100. 0
100. 0 |
AFTER SEPTEMBER
TOTAL
NOTE:
1
INCLUDES NEGOTIABLE C E R T I F I C A T E S OF DEPOSIT I N DENOMINATIONS OF $ 1 0 0 , 0 0 0
DOMESTIC ASSETS OF $ 5 B I L L I O N OR MORE AS OF DECEMBER 3 1 , 1 9 8 2 .
OR MORE ISSUED BY BANKS WITH
TOTAL SALES I S UNDERSTATED.
SALES OF CD"S BETWEEN SURVEY DATES THAT MATURE I N THE REMAINING DAYS
OF THE CALENDAR MONTH OF THE CURRENT SURVEY ARE IGNORED.
I
1
|
1
@FedFRASER