The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
L.4.1(731) NOT FOR PUBLICATION AUGUST 17, 1982 SURVEY OF MATURITY STRUCTURE OF OUTSTANDING LARGE DENOMINATION CERTIFICATES OF DEPOSITS AT LARGE COMMERCIAL BANKS as of July 28, 1982 Banking Section Division of Research and Statistics Board of Governors of the Federal Reserve System TABLE 1 MATURITY DISTRIBUTION OF OUTSTANDING AND SALES CF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERCIAL BANKS 1/ AS OF JULY 28, 1982 (AMOUNTS IN MILLIONS OF DOLLARS) A M O U N T CD'S MATURING IN TOTAL I i SALES SINCE PREVIOUS PERIOD O U T S T A N D I N G 1 I J J OUTSIDE 1 NEW YORK CITY | N2W YOSK CITY J I I | | 1- 1 I OUTSIDE | i 1 | NEW YORK CITY | NSW YORK CITY I I TOTAL I 6,053 1,287 4,766 AUGUST 56,497 15,076 41,421 27,765 6,489 21,276 SEPTEMBER 29,233 9,347 19,886 12,282 3,408 8,873 OCTOBER 16,695 4,782 11,913 NOVEMBER-JANUARY (4-6 MONTHS) 20,607 5,349 15,259 1983 FEBRUARY-JULY (7-12 MONTHS) 4,508 439 4,070 16,766 2/ 5,016 2/ 5,652 642 5,010 139,247 36,922 102,325 56,813 14,914 41,899 37,303 10,130 27,172 15,723 4,863 10,860 10,160 1,081 9,080 1,044 153 890 1,737 546 1,191 2.5 2.7 2.4 1982 JULY 29-31 OVER 12 MONTHS TOTAL 11,750 2/ MEMORANDUM: OCTOBER-JANUARY (3-6 MONTHS) BEYOND JANUARY (OVER 6 MONTHS) SEPTEMBER TAX tLAIUitlTY AVERAGE MATURITY (IN MONTHS) 3 / 1/ 2/ 3/ 2.4 2.0 2.5 INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSESS OF $1 BILLION OR MORE AS OF DECEMBER 31, 1977. SALES WITH MATURITIES BEYOND SECOND MONTH. FORMULAS FOB CALCULATION OF AVERAGE MATURITIES ARE AVAILABLE ON REQUEST FROM THE BANKING SECTION, DIVISION OF RESEARCH AND STATISTICS, BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. TABLE 2 MATURITY DISTRIBUTION OF OUTSTANDING AND SAXES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERCIAL BANKS 1/ AS OF JULY 28, 1982 I CD'S MATURING IN I 1 1 1 1 (PERCENTAGE DISTRIBUTION) A M O U 1i I TOTAL —-r-. 0 U T S T A N D I N G I i I I i OUTSIDE | I 1 J NEW YORK CPfY I NEW YORK CITY j I | I i SALES SINCE PREVIOUS PERIOD | TOTAL | I I I 1 1 I OUTSIDE | 1 NEW YORK CITY | NEW YORK CITY \ 1 .1 . 1 4-4 3,5 4,7 AUGUST 40.6 40.8 40.5 48.9 43.5 50^8 SEPTEMBER 21.0 25.3 19.4 21.6 22.9 21.2 OCTOBER 12.0 13.0 11.6 NOVEMBER-JANUARY (4-6 MONTHS) 14.8 14.5 14.9 1983 FEBRUARY-JULY (7-12 MONTHS) 3.2 1.2 4.0 29.5 2/ 33.6 2/ 28.0 2/ 4.1 1.7 4.9 100.0 100.0 100.0 100.0 100.0 100.0 26.8 27,4 26.6 27.7 32.6 25.9 BEYOND JANUARY (OVER 6 MONTHS) 7.3 2.9 8.9 1.8 1.0 SEPTEMBER TAX MATURITY 1.3 1.5 1.2 1982 JULY 29-31 OVER 12 MONTHS TOT^L MEMORANDUM: OC'IQBER-JANUARY (3-6 MONTHS) 1/ 2/ INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $1 BILLION OR MORE AS OF DECEMBER 31, 1977. SALES WITH MATURITIES BEYOND SECOND MONTH. 2. 1 TABLE 3 MATURITY DISTRIBUTION OF OUTSTANDING AND SALES OF NEGOTIABLE TIME CERTIFICATES OB DEPOSIT AT LARGE COMMERCIAL BANKS 1/ AS OF JULY 28, 1982 (AMOUNTS IN MILLIONS OF DOLLARS) A M O U N T CD'S MATURING IN TOTAL O U T S T A N D I I N G BANK SIZE (ASSETS) I I _1 1_ I 1 $5 BILLION I I $1-5 BILLION i AND OVE3 | I I J SALES SINCE PREVIOUS PERIOD 1 TOTAL JL i I 1 J L BANK SIZE (ASSETS) I $1-5 BILLION | I 1. J. I $5 BILLION | AND OVER I __1 6,053 2,844 3,209 AUGUST 56,497 23,389 33,108 27,765 13,313 14,452 SEPTEMBER 29,233 10,680 18,553 12,282 5,751 6,531 OCTOBER 16,695 5,068 11,627 NOVEMBER-JANUARY (4-6 MONTHS) 20,607 6,295 14,312 1983 FEBRUARY-JULY (7-12 MONTHS) 4,508 1,290 3,218 16,766 2/ 5,394 2/ 5,652 1,197 4,456 139,247 50,763 88,484 56,813 24,458 32,355 OCTOBER-JANUARY (3-6 MONTHS) 37,303 11,363 25,940 15,723 5,193 10,530 BEYOND JANUARY (OVER 6 MONTHS) 10,160 2,487 7,674 1,044 202 842 1,737 858 880 2.4 2.0 2.6 2.5 1.2 2. 8 1982 JULY 29-31 OVEJR 12 MONTHS TOTAL 11,372 2/ MEMORANDUM: SEPTEMBER TAX MATURITY AVERAGE MATURITY (JN MONTHS) 3/ INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSESS OF $1 BILLION OR MORE AS OF DECEMBER 31, 1977. 2/ SALES WITH MATURITIES BEYOND SECOND MONTH. 3/ FORMULAS FOR CALCULATION OF AV&RAGE MATURITIES ARE AVAILABLE ON REQUEST FROM THE BANKING SECTION, DIVISION OF RESEARCH AND STATISTICS, BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. 1/ TABLE 4 MATURITY DISTRIBUTION OF OUTSTANDING AND SA1ES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERCIAL BANKS 1/ AS OF JULY 28, 1982 (PERCENTAGE DISTRIBUTION) | A M O U N T 1 CD'S MATURING IN | ! 1 l I TOTAL J j O U T S T A N D I N G BANK SIZE (ASSETS) i | J $1-5 BILLION | J I L $5 BILLION AND OVER | SALES SINCE PREVIOUS PESIOD I I 1 | | 1 TOTAL 1 i \ 1 BANK SIZE $1-5 BILLION 1 I (ASSETS) i | I 1 3.6 AUGUST 40.6 46.1 37.4 48.9 54.4 44.7 SEPTEMBER 21.0 21.0 21.0 21.6 23.5 20.2 OCTOBER 12.0 10.0 13.1 NOVEMBER-JANUARY (4-6 MONTHS) 14.8 12.4 16.2 1983 FEBRUARY-JULY (7-12 MONTHS) 3.2 2.5 3.6 29.5 2/ 22.1 2/ 35.2 2/ 4.1 2.4 5.0 100.0 100.0 100.0 100.0 100.0 100.0 26.8 22.4 29.3 27.7 21.2 32.5 BEYOND JANUARY (GVEiR 6 MONTHS) 7.3 4.9 8.7 1.8 SEPTEMBER TAX MATURITY 1.3 1.7 1.0 TOTAL MEMORANDUM: OCTOBEJR-JANUARY (3-6 MONTHS) 1/ 2/ .8 INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $1 BILLION OR MORE AS OF DECEMBER 31, 1977. SALES WITH MATURITIES BEYOND SECOND MONTH. r. 1 I I — 5.6 OVER 12 MONTHS I $5 BILLION AND OVER 4.4 1982 JULY 29-31 1 2.6 1 TABLE 5 MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT LARGE COMMERCIAL BANKS 1/ BY FEDERAL RESEfiVB DISTRICT AS OF JULY 28, 1982 CD'S MATURING IN ALL DISTRICTS J I i J | I | 1 | BOSTON| 1 1 # 1 1 1 1 I I I I i ( I I 1 i 1 1 1 1 1 i I I NEW | PHIL A-J CLEVE-I RICH- | SAN ST. J MINNE-I KANSAS) CITY | DALLAS| FRANYOBK |DELPHIAl LAND | MOND IATLANTA|CHICAGOJ LOUIS | APOLISJ 1 1 1 1 1 1 1 1 1 1 CISCO 1 1 - 1 1 i 1 1 1 L --wi- 6,053 303 1,494 170 341 185 168 827 49 111 271 752 1,380 AUGUST 56,497 3,066 17,224 1,206 3,366 1,796 1,107 7,421 585 773 1,623 5,529 12,802 SEPTEMBER 29,233 1,193 10,458 50? 2,009 720 33 9 4,175 286 419 521 2,740 5,873 OCTOBER 16,695 477 5,439 263 691 513 187 2,349 101 306 175 1,207 4,987 NOVEMBEB-JANUAJRY (4-6 MONTHS) 20,607 331 5,896 209 1,622 388 270 2,878 324 581 457 1,467 6,184 1983 FBBBUABY-JULY (7-12 MONTHS) 4,508 36 519 34 150 118 62 506 74 115 108 146 2,640 5,652 80 718 83 354 50 23 390 37 260 34 269 3,354 139,247 5,486 41,748 2,467 8,532 3,770 2,157 18,547 1,455 2,565 3,189 12,110 37,220 OCTOBER-JANUARY (3-6 MONTHS) 37,303 808 11,335 472 2,313 901 458 5,226 425 887 632 2,674 11,171 BEYOND JANUABY (OVER 6 MONTHS) 10,160 116 1,237 117 504 168 85 896 111 3 75 142 415 5,994 1,737 82 611 32 141 43 15 197 12 33 65 249 257 AVERAGE MATURITY (IN MONTHS) 2/ 2. 4 1.4 2.0 1.8 2.4 1.9 1.8 2.2 2.5 3.5 1.8 1.8 3.4 NUMBEB OF BANKS 127 9 19 7 11 13 9 15 5 3 5 8 23 1982 JULY 29-31 OVEB 12 MONTHS TOTAL 3EMOBANDUM: SEPTEMBER TAX MATURITY 1/ 2/ INCLUDES NEGOTIABLE CERTIFICATES Of DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $1 BILLION OR MORE AS OF DECEMBER 31, 1977. WEIGHTING PROCEDURE IS THE SAME AS THAT USED FOR 'TOTAL' OUTSTANDINGS COLUMN IN TABLE 1. TABLE 6 MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT LA-RGE COMMERCIAL BANKS 1/ BY FEDERAL SESEBVE DISTRICT AS OF JULY 28, 1982 CD'S HATCHING IN I J I | I J ALL DISTRICTS I | | j BOSTON I 1 (PERCENTAGE DISTRIBUTION) I I I I I I I I NEW | PHILA-| CLEVE-l RICH1 ATLANTA1 CHICAGO YORK |DELPHIA| LAND | MONO I 1 I I J. L 1 I I I I I I i I I ST. | MINNE-I KANSAS| | SAN 1 LOUIS | APOLIS| CITY J DALLAS! FRAN- * I I I I CISCO | J L J I L 4.4 5.5 3.6 6.9 4.0 4.9 7.8 4.5 3.3 4.3 8.5 6.2 3. 7 AUGUST 40.6 55.9 41-3 48.9 39.5 47.6 51.3 40.0 40.2 30.1 50.9 45.7 34. 4 SEPTEMBER 21.0 21.7 25.1 20.3 23.5 19.1 15.7 22.5 19.6 16-3 16.3 22.6 15.8 OCTOBER 12.0 8.7 13.0 10.7 8.1 13.6 8.7 12.7 6.9 11.9 5.5 10.0 13.4 NOVEMBER-JANUARY (4-6 MONTHS) 14.8 6.0 14.1 8.5 19.0 10.3 12.5 15.5 22.3 22.7 14.3 12.1 16.6 1983 FEBRUARY-JULY (7-12 MONTHS) 3.2 .7 1.2 1.4 1.8 3.1 2.9 2.7 5,1 4.5 3.4 1.2 7.1 4.1 1.5 1.7 3.4 4.2 1.3 1.1 2. 1 2.6 10.1 1.1 2.2 9.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 26.8 14.7 27.2 19.2 27. 1 23.9 21.2 28.2 29.2 34.6 19.8 22.1 30.0 BEYOND JANUARY (OVER 6 MONTHS) 7.3 2.1 3.0 4.7 5.9 4.5 4.0 4.8 7.6 14.6 4.5 3.4 16.1 SEPTEMBER TAX MATURITY 1.3 1.5 1.5 1.3 1.7 1.2 .7 1. 1 .8 1.3 2,0 2.1 .7 1982 JULY 29-31 OVER 12 MONTHS TOTAL MEMORANDUM: OCTOBER-JANUARY (3-6 MONTHS) 1/ INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $1 BILLION OR MORE AS OF DECEMBER 31, 1977. TABLE 7 SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS MONTH AT LARGE COMMERCIAL BANKS 1/ BY FEDERAL RESERVE DISTRICT AS OF JULY 28, 1982 ALL DISTRICTS CD'S MATURING IN BOSTON (AMOUNTS IN MILLIONS OF DOLLARS) I I 1 I I I I I I I NEW | PHILA-I CLEVE-I RICH- J | YORK |DELPHIAI LAND | MONO |ATLANTAJ CHICAGO j i < i a L L I I I i i I i i i i i SI. | MINNE-I KANSAS! I SAN LOUIS J APOLISI CITY | DALLAS! FRANI 1 j CISCO I I 1 1 1 AUGUST 27,765 1,687 7,787 637 1,964 930 675 3,296 274 342 1,138 3,173 5,862 SEPTEMBER 12,282 687 3,911 305 1,324 290 147 1,258 147 176 357 1,749 1,931 OCTOBER OR LATER 16,766 458 5,670 239 914 413 193 1,979 208 273 186 1,515 4,717 56,813 2,832 17,367 1,181 4,202 1,634 1,015 6,532 629 7 92 1,681 6,437 12,510 15,723 443 5,493 224 886 395 199 1,974 191 229 203 1,522 3,964 1,044 16 177 15 29 18 -7 4 17 45 -17 -7 754 2.5 1.9 2.6 2.1 2.2 2.2 1.9 2.4 2.7 2.9 1.6 2.2 2. 9 TOTAL MEMORANDUM: OCTOBER-JANUARY (3-6 MONTHS) BEYOND JANUARY (OVER 6 MONTHS) AVERAGE MATURITY (IN MONTHS) 3/ 1/ 2/ 3/ 2/ INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $1 BILLION OR MORE AS OF DECEMBER 31, 1977. DETAILS MAY NOT ADD TO TOTALS DUE TO ROUNDING. NEGATIVE VALUES, FOR SOME DISTRICTS, SOMETIMES RESULT FROM THE PROCEDURE THAT ESTIMATES SALES FOR THE 7TH MONTH OF THE TOTAL OF 7-12 MONTH MATURITIES OF THE PREVIOUS SURVEY. THESE ESTIMATES ARB BASED ON A RATIO OF THE 7TH MONTH TO THE TOTAL OF 7-12 MONTHS FOR ALL REPORTERS RATHER THAN FOR THE INDIVIDUAL DISTRICTS. WEIGHTING PROCEDURE IS THE SAME AS THAT USED FOR 'TOTAL* SAXES COLUMN IN TABLE 1. TABLE 8 S U E S Of NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS MONTH AT LARGE COMMERCIAL BANKS 1/ BY FEDERAL RESERVE DISTRICT AS OF JULY 28, 1982 CD'S MATURING IN ALL DISTRICTS BOSTON (PERCENTAGE DISTRIBUTION) I I I I I I I I I I I I I I I I NEW 1 PHILA-| CLEVE-I £ICH1 ST. | MINNE-I KANSAS! i SAN YORK |DELPHIA| LAND | MOND ATLANTA CHICAGO| LOUIS | APOLISJ CITY | DALLAS) FRANI J I I I I I | CISCO J I I 1 1 L L L_ AUGUST 48.9 59.6 44.8 53.9 46.7 57.0 66.5 50.5 43.5 43.2 67.7 49.3 46,9 SEPTEMBER 21.6 24,2 22.5 25.8 31.5 17.8 14.5 19.3 23.4 22.2 21.3 27.2 15.4 OCTOB&B OR LATER 29.5 16.2 32.7 20.3 21.8 25.3 19.0 30.3 33.1 34.5 11.1 23.5 37-7 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 27.7 15.6 31.6 1:9.0 21.1 24.2 19.6 30.2 30.4 28.9 12.1 23.6 31.7 1,8 .6 1,0 1.3 .7 1.1 -,7 2,7 5.7 -1.0 1 6.0 TOTAL RANDOM: OCTOBER-JANUARY (3-6 MONTHS) BEYOND JANUARY (OVER 6 MONTHS) V .1 INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH DOMESTIC ASSETS OF $1 BILLION OR MORE AS OF DECEMBER 31, 1977„ DETAILS MAY NOT ADD TO TOTALS DUE TO ROUNDING.
@FedFRASER