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, $!T"\ L.4.1 CONFIDENTIAL (FR) December 22, 1970. o f K A N S A S ClT-f jlC 2 8 1970 — Research Library $ SURVEY OF MATURITY STRUCTURE OF OUTSTANDING LARGE DENOMINATION CERTIFICATES OF DEPOSIT AT LARGE WEEKLY REPORTING BANKS AS OF November 25, 1970. Banking Section Division of Research and Statistics Board of Governors of the Federal Reserve System TABLE MATURITY DISTRIBUTION OF O U T S T A N D I N G WEEKLY N F G C T I ABLF REPORTING AS a F AMQtW ( M I L L I O N S OF DOLLARS) C X f S MATUR IN G I N 1970 NOVEMBER. £6 - 30- 1971 JANUAR y 25 NOV T I ME CF®T I F I C A T F S n F DEPOSIT ^T BANKS 1970 Pfc RCENT AGE D IS-TR I W T I OK I#548.& EE£EI*BER 1 SAt FS S INC E P R E V I O U S MON TH ? / I L L IONS OF D C I LA RSt CL^UL AT I V F PERCENTAGE .& 6 .1 6.-1 8*7=27.3 34.5- 40.6 3»297.4 3 , 9 3 3 .8 15.6 ^6.2 1.56".7 1 1.51 FEBRUARY 2*34 W 9 . 3 6 5 . 5 WARCH I,6ZC.& 6 . 4 7 1 . 9 39 5 . 9 APRBK 2*1:8.* S . 4 ea.3^ 24t.4 WAV I,079.fr 4 . 3 8 4 . 6 631.2 JUNE 8 7 1 *9 3 . 4 Jutr 4 0 7 . 4 2.0 9Q.0 66»7 AUGUST > 6 6 . 7 1.4 9%.4 4t.2 SEPTEMBER 595.5 2^7 ° 3 . 6 34. r OCTOBER 6 4 1 . 7 2.5 9 6 . 1 14%.? MOVENSER 463 .0 r.& 9 7 . c 524.7 OVER 5 3 0 . 9 2.1 mo-.n XXX 2 5,2 9 6 . 9 100.0 12 MONTHS IOTAL (MEMORANDUM; DECEMBER CEC EMQ ER 1 / INCLUDES 2/ SEE f> 15 C^LY TECHNICAL 3/ SALES OF C D ' S TAX 431.6 CERTIFICATES IN APPENDIX A •. MATURING AFTER DENOMINATIONS 11 MONTHS. 27**4 XXX OF E,74R>T AND D I V I D E N D M A T U R I T I E S ! 1 .7 3.3 422.2 3 t-10Cr,000 OR MORE X*X P3. ? 196. r XXX ISSUEC RY WFFKLY REPORTING BANKS. 3A • • • + • • TABLE # E # E 2A 1/ MATURITY D I S T R I B U T I O N OF O U T S T A N D I N G N E G O T I A B L E T I M E C E R T I F I C A T E S O F D E » 3 S I T NEW YCRK C I T Y , C H I C A G O , AND A L L OTHER WEEKLY R E P O R T I N G BANKS (IN NEW » • s 19 70" ""»»•**= •» NCV NOV 26 - G I NOV MILLTCNS OF DOLLARS) CHICAGO T Y ALL OTHER 30 T REPORTING " a s * ° 120.1 5,566.2 2,354.8 105.5 2 , 7 9 ? .,1 1 ,1 -8. - 105.7 70.1 1,513.6 860.6 104.3 30.0 1,109.5 225.4 5.P 1,333.2 172.0 8 1.0 2,659.2 822.4 502.6 JANUARY 871.1 336.8 270,0 FEBRUARY 723.C 598.4 MARCH 406.9 140.3 669.4 84.3 183.9 148.5 274.9 JULY 79.5 AUGUST • . - 117.380 .8 55.2 8 1 5 , 0 167.1 82.1 44.0 5 1 5 - 9 ^ 39.9 36.7 .2 3 8 1 , 5 2 ? 71. C 9 . 6 1 2 . 8 -1 2 « 3 . 5 3 t . 5 SEPTEMBER 188.3 TL.4 37.3 •? 3 3 OCTOBER 219.2 16.? NOVEMBER 97.8 87.5 OVER 65.? PA, ' JUNE ' 1 ? MONTHS total NUMBER O F * BANKS ' _ 5 : Z3 4 5 iTsirif" I'VA I7LNCWDES"0N[YLERMMC%TESLN 2/ SEE T E C H N I C A L APPENDIX A. 3/ SALES MATURING AFTER CD'S 8 3 . 3 / 3 278.3 35V. 7 , *** O E N O M I M T I ON™OF II MONTHS. http://fraser.stlouisfed.org/ * T O T A L S MAY NOT ADD DUE T C R O U N D I N G . Federal Reserve Bank of St. Louis TTCC.OOC OR MORE — — — - __!2_ — DIVIDENO MATURITIES* »± ISSUED !•! BY WEEKLY REPORTING A3 *54.-8- , AND ' * 36.1 — TAX 4 3 h ! (MEMORANDUM: - 275.9 87.9 11.3 °* 4 2 7 - 4 9 6 , 0 12 . OF ^7.3^ XXX' 6,965.& REPORTING , BANKS a s s » / 1,OIL.FR .C " " ° " WEEKLY C 456 .2 APRIL 1970 » DECEMBER 1971 Y 0 R K AS OF 2 5 AT • BANKS. !?!:-' 2B 1/ MATURITY DISTRIBUTION NEW YORK OF OUTSTANDING CITY, CHICAGO* AS OF 25 NEGOTIABLE TIME AND NOV ALL 19 7 0 (PERCENTAGE CTHER WEEKLY AND 2 8 25 CAYS 2 / 28 NOV R E P O R T I N G BANKS CC T 1 9 7 0 CHICAGO ALL OTHER 25 OCT NOV 28 2 5 NOV OCT 28 OCT 6. 5 5. 5 4.8 2.7 6.1 5.2 32.9 30.0 31.1 33.4 30.6 00 MONTHS 3 / 25.7 16.8 20.7 03 MONTHS L0.4 8.1 6.3 11.1 9.1 10. 8 04 MONTHS 5.8 2.0 6.2 2.4 6. 7 4.2 05 MONTHS 9.6 4.0 7.0 5 .0 8. 0 5.7 06 MONTHS 2.6 8.9 4.8 7.5 4.9 7.5 07 MONTHS 3.9 .5 4.9 1.7 3.1 2.5 08 RONTHS 1.1 1.6 2.2 2.6 2.3 2.9 09 MONTHS 1.0 .6 .8 2.5 1.7 2.3 1C MONTHS 2.7- .9 2.2 .9 2.0 1.6 1 1 MONTHS 3.1 2. 7 8.8 2.5 1.7 2.0 MONTHS L.4 3.1 5.2 3.4 1.7 1.5 .9 1.1 .7 1.1 2.7 2.4 100.0 100. 0 10 0 . 0 100.0 100.0 QVER 12 MONTHS TOTAL * 1/ INCLUDES BANKS. 2/ NUMBER OF FOLLOWING CAYS R E M A I N I N G I N SURVEY MONTH. T H I S THE L A S T WEDNESDAY OF THE MONTH. 3/ NUMBER MONTHS F O L L O W I N G OF T O T A L S MAY ONLY CERTIFICATES NOT ADD DUE TO I N DENOMI NAT I CNS THE SURVEY ROUNDING. MONTH. OF $100,000 PERIOD 1 16.1 O 27.9 1 1 12.5^ O O 0 2 MONTHS 12 * AT DISTRIBUTION) NEW YORK C I T Y 01 OF D E P O S I T i IN I U " O NIA I U M INV 0-6 CERTIFICATES (XI TABLE OR MORE VARIES ISSUED WITH THE BY WEEKLY NUMBER OF REPORTING DAYS i # e * e # # TABLE „ MATURITY DISTRIBUTION OF O U T S T A N D I N G NEW YORK C I T Y , CHICAGO, AS OF 2 5 9 AND A L L (CUMULATIVE OTHER AND MA T1JR f N u C E R T I F I C A T E S OF WEEKLY OCT REPORTING DEPOSIT'AT BANKS 1970 CHICAGO ALL T N 25 DAYS 7 1 C-6 28 TIME DISTRIBUTION) NEW YORK C I T Y CD • S # 2C NEGOTIABLE NOV 1 9 7 0 # NOV OCT 28 25 NOV OCT 28 25 OTHER NOV OCT 28 6 . 5 5.5 4 . 8 2.7 4 4 . 7 3 8 . 4 3 4 . 8 3 3 . 8 3 9 . 5 35. 8 2 MONTHS 5 7 . 2 66 .3 5 0 . 9 5 9 . 5 5 6 . 3 56. 5 03 MONTHS 6 7 . 6 7 4 . 4 51.2 7 0 . 6 6 5 . 4 6 7 . 3 04 MON THS 7 3 . 4 7 6 . 4 6 3 . 4 7 3 . 0 72.1 7 1 . 5 0 5 MONTHS 83 . 0 8 0 . 4 7 0 . 4 78 .0 8 0 . 1 7 7 . 2 06 MONTHS 8 5 . 6 8 9 . 3 7 5 . 2 8 5 . 5 8 5 . 0 84. 7 0 7 MONTHS 89.5 8 9 . 8 8 0 . 1 9 7 . 2 8 8 . 1 87. 2 08 MONTHS 90.6 9 1 . 4 8 2.3 89.8 90 .4 90. 1 09 MONTHS 9 1 . 6 9 2 . 0 8 3. 1 9 2 . 3 9 2 . 1 9 2 . 4 10 MONTHS 94. 3 9 2 . 9 8 5 . 3 9 3 . 2 94. 1 9 4 . 0 11 MONTHS 9 7 . 4 95. 6 9 4 . 1 95 .7 95. 8 96.C 12 MONTHS 9 8 . 8 .7 9 9 . 3 9 9 . 1 97 .5 97. 5 100 .0 10 0 . 0 01 0 OVER MONTHS 12 3/ MONTHS 9 8 ICC. C 1/ I N C L U D E S ONLY C E R T I F I C A T E S BANKS. 2/ NUMBER OF FOLLOWING 3/ NUMBER OF MONTHS F O L L O W I N G IN DENOMINATIONS OF $ 1 3 0 , 3 3 3 CAYS R E M A I N I N G I N SURVEY MONTH. T H I S THE LAST WEDNESDAY OF THE MONTH. THE SURVEY MONTH. 100. 6. 1 C OR MORE PERIOD VARIES 1 0 0 . 0 ISSUED WITH THE 5 . 2 100.0 BY WEEKLY R E P O R T I N G NUMBER OF DAYS e • • TABLE # 3A # I # t e t M A T U R I T Y D I S T R I B U T I O N OF OUTSTANDING NEGOT I A B L E T I M E C E R T I F I C A T E S AT WEEKLY REPORTING BANKS BY S I Z E OF BANKS 2 / AS OF 2 5 NOV 1 9 7 0 (AMOUNTS I N M I L L I O N S OF D O L L A R S ) OF DEPOS I T 1/ \ SI B I L L I O N CD'S 1970 1971 MATURING NOV IN 26-30 TOTAL $200 MILLION A NO UNDER $200 MILLION TO $500 MILLION $500 MILLION TO $1 B I L L I C N # AND OVER PRIME TOTAL 3/ OUTSIDE NEW YORK CITY NON-PRIME NEW YORK CITY 268. 7 255.1 1 ,548 .6 1 06. 6 23C . 9 249. 7 961.4 437.6 DECEMBER 9,727.3 532.1 1,113.8 1,448.8 5,632.6 2,5 17.0 1,733.1 1,382.5 JANUARY 3,933.8 286.4 627.8 800.0 2,219.6 804.5 729.2 685.9 FEBRUARY 2,342.3 167.0 305.2 439.5 1,430.6 678.9 500.7 251-0 MARCH 1,620.3 121.4 191.6 269.6 1,037.7 394.4 390.5 252.8 APRIL 2,118.9 134.3 262.5 331.6 1,390.5 619.8 496.3 274.4 MAY 1,07 8.8 102.4 214.3 194.1 568.0 171.7 260.2 136.1 JUNE 871.8 62.9 130.8 139.7 538.4 262.1 200.5 75.8 JULY 497.3 46.0 92.3 101.5 257.5 77.2 100.3 80.0 AUGUST 366.5 31.3 73.8 65.3 196.1 67.4 75.7 53.0 SEPTEMBER 555. 5 43. 9 88 . 7 8 5.0 3*7.9 18 2 . 4 39. 7 65.8 CCTCBER 6 4 1 .6 26. S 73 . 9 59. 5 476.3 217 . 1 189. 5 69.7 NOVEMBER- 462.9 18.4 47.5 9 1.6 305.4 96.6 129.3 7Q.5 DECEMBER OR L A T E R 530.E 23.4 59 . 9 94.9 352 .7 64.1 13 0 . 9 157 .7 3 ,518 .0 4,370. 7 15, 7 0 4 . 7 6 ,590 .8 5, 2 ° 4 . 6 3,919.3 TOTAL * 25 ,296 . 4 1, 703. C (MEMORANDUM: TAX AND DIVIDEND MATURITIES) CECEM EER 10 422. 2 20.6 40.0 48.6 313.0 1 76. 6 93.8 42.6 DECEMBER 15 831.5 23.2 49.2 105.6 653.5 334.4 192.5 126.6 37 7 12 18 (MEMORANDUM: 254 1/ 2/ 3/ 86 NUMBER 83 OF BANKS I 48 I INCLUDES C E R T I F I C A T E S IN D E N O M I N A T I O N S CF t l C C . O C C OR MOPE I S S U E D BY WEEKLY REPORTING B A N K S . T O T A L D E P O S I T S AS REPORTED I N THE C A L L REPORT OF C O N D I T I O N ON DECEMBER 3 1 , 1 9 6 5 . P R I M E BANKS ARE THOSE WHOSE N E G O T I A B L E C E R T I F I C A T E S OF D E P O S I T AR E REGARDED AS B E I N G OF THE H I G H E S T Q U A L I T Y REPORTEC BY DEALERS TO TRADE W I T H I N 1 OR 2 B A S I S P O I N T S OF EACH CTHER W I T H I N THE SECONDARY M A R K E T . http://fraser.stlouisfed.org/ * T O T A L S MAY NOT ACC CUE TO R O U N D I N G . Federal Reserve Bank of St. Louis AND WHICH ARE • A TABLE t # SALES 38 Z1Z e OF # # # # # NEGCTI ABLE T I M E C E R T I F I C A T E S OF D E P O S I T S I N C E P R E V I O U S WON TH 2 7 AT WEEKLY REPORTING BANKS BY S I Z E OF BANKS 3 / AS CF 2 5 NOV 1 9 7 0 (AMOUNTS I N M I L L I O N ' S OF D O L L A R S ) $1 B I L L I O N CD'S 1970 1971 MATURING NOV IN TOTAL • $200 MILLION AND UNDER $200 $500 MILLION TO $1 B I L L I O N PRIME $500 MILLION TO MILLION AND CVE P 4/ OUTSIDE NEW YORK C I TY NON-PRIME NEW YORK CITY TOTAL 26-30 DECEMBER 3.297.4 203 .5 391.1 634.9 2,067. 9 772. 6 623 .8 671. 5 JANUARY 1, 5 4 9 . 9 106.4 198.7 317.4 927 .4 299.1 311.4 317 .9 F E 8 R U 4RY 1,5 19.4 85. 8 165 . 0 263.0 1,004.6 547.2 2 86. 0 171.4 MARCH 396.0 14. 0 21.4 57.4 303.2 139.8 69. 6 93. 8 APR I L 261.4 13.0 33. 8 48 .9 165. 7 83.4 46.5 35. 8 M AY 631.3 44.8 114.6 100.0 3 7 1 .<* 1 3 6. 8 155.7 79 . 4 JUNE 278 . 3 3.5 13 . 0 17.6 247.2 166. 2 69.5 11 .5 JULY 66 .7 2.2 6 .6 5.9 52.0 38 . 7 3.4 9.9 AUGUST 41.1 2.4 7 .7 12.1 18.9 9.6 1.7 7.6 SEPTEMBER 34.2 2. 3 2.2 2.1 27.6 11.3 10.0 6.3 OCTOBER 148.2 2.9 6.4 10.2 128.7 16. 1 100.0 12.6 NOV EMBER OR L A T E R 524. 6 24.8 54.5 84.3 361.0 85.8 98.5 176 .7 1,013.0 1,553.8 5,676.1 2,305.6 1,776.1 1,594.4 TOTAL * 8.748.5 505. 6 (MEMORANDUM: TAX AND CIVIDEND MATURITIES) DECEMBER 1C 133.3 8.2 13.6 14.3 97.2 55. 7 19.8 21.7 DECEMBER 15 196. 1 4.5 13 . 4 28.5 152 . 7 57. 5 69.6 25 . 6 (MEMORANDUM: 2 54 1/ 2/ 3/ 4/ 86 NUMBER S3 OF BANKS) 48 37 SEE T E C H N I C A L A P P E N D I X A . I N C L U D E S C E R T I F I C A T E S I N D E N O M I N A T I O N S OF $ 1 0 0 , 0 0 0 OR MORE I S S U F C BY WEEKLY R E P O R T I N G B A N K S . TOTAL D E P O S I T S AS REPORTED I N THE C A L L REPORT OF C O N D I T I O N CN DECEMBER 3 1 , 1 9 6 5 . P R I M E BANKS ARE THOSE feHDSE N E G O T I A B L E C E R T I F I C A T E S OF D E P O S I T ARE REGARDED AS B E I N G OF THE HIGHEST REPORTED BY DEALERS TO TRADE W I T H I N 1 CR 2 B A S I S P O I N T S OF EACH OTHER W I T H I N THE SECONDARY M A R K E T . http://fraser.stlouisfed.org/ * T O T A L S MAY NOT ADD CUE TO R O U N D I N G . Federal Reserve Bank of St. Louis 18 12 QUALITY AM WHICH ARE # # TABLE # 3C # MATURITY # # # # # D I S T R I B U T I O N OF O U T S T A N D I N G N E G O T I A B L E T I M E C E R T I F I C A T E S AT WEEKLY R E P O R T I N G BANKS BY S I Z E OF BANKS 2 / AS OF 2 5 NOV 1 9 7 0 PERCENTAGE D I S T R I B U T I O N OF DEPOSIT $1 CD'S MATURING IN TOTAL $200 MILLION AND UNDER $200 $500 PILLION TO MILLION MILLION TO $1 B I L L I O N # 1/ BILLION $500 AND OVER PRIME TOTAL NFW YORK CITY 197C 1971 NOV 26-3 0 6 . 1 OUTSIDE NFW YORK CITY NON-PRIME 6,3 6 .6 5. 7 6.1 6 .6 5.1 6.7 DECEMBER 34.5 31.2 31.7 33.1 35.9 38.2 32.7 36.2 JANUARY 15.6 16.8 17.8 13.3 14.1 12.2 13.9 18.0 FEBRUARY 9.3 9.8 8.7 10 . 1 9. 1 *4 ARCH 6.4 7. 1 5.4 6.2 6.6 APRIL 8 .4 7. 9 7 .5 7. 6 MAY 4.3 6.0 6.1 3.4 3.7 JULY 2.0 AUGUST 9. 5 6.6 6.0 7.4 6.6 8.9 9 .4 9. 4 7.2 4 .4 ?. 6 2.6 4.9 3.6 3.7 3.2 3 .4 4. 0 3. 8 2.0 2. 7 2 .6 2. 3 1 .6 1. 2 1. 9 2.1 1.4 1.8 2.1 1.5 1.2 1.0 1.4 1.& SEPTEMBER 2 .2 2. 6 2.5 1 .9 2.2 2 .8 1. 7 1 .7 OCTOBER 2.5 1.6 2.2 1.4 3.0 3.3 3.6 1.8 NOVEMBER 1.3 1.1 1.4 2.1 1.9 1.5 2.4 2.1 DECEMBER OR L A T E R 2 . 1 1. 4 1 .7 2. 2 2.2 1 .0 2. 5 4.1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 JUNE - TOTAL * 100.0 (MEMORANDUM: TAX ANC DIVIDEND 10.3 MATURITIES) DECEMBER 10 1.7 1.2 1.1 1.1 2.0 2.7 1 .8 1.1 DECEMBER 15 3 .3 1. 4 1 .4 2. 4 4.2 5 . 1 3. 6 3.3 1/ 2/ 3/ * 3/ I N C L U D E S C E R T I F I C A T E S IN D E N O M I N A T I O N S CF $1 0 0 , 0 0 0 OR MOP ^ I S S U E D PY WEEKLY R E P O R T I N G B A N K S . T O T A L D E P O S I T S AS REPORTED IN THE C A L L REPORT OF C O N D I T I O N ON DECEMBER 3 1 , 1 9 6 5 . P R I M E BANKS ARE THOSE WHOSE N E G O T I A B L E C E R T I F I C A T E S OF D E P O S I T ARE REGARDED AS R F I N G OF THE H I G H E S T REPORTED BY CEALFRS TO TRADE W I T H I N 1 OR 2 B A S I S P O I N T S OF EACH CTHFR W I T H I N THE SECONDARY M A R K E T . T O T A L S VAY NOT ACC CUE TO R O U N D I N G . QUALITY AND WHICH ARE TABLE 3D MATURITY D I S T R I B U T I O N OF OUTSTANDING N E G O T I A B L E T I M E C E R T I F I C A T E S AT WEEKLY REPORTING BANKS BY S I Z E OF BANKS 2 / AS OF 2 5 NCV 1 9 7 0 C U M U L A T I V E PERCENTAGE OF DEPOSIT $1 CD'S 1970 1971 MATURING I N NOV 2 6-30 6.1 $200 MILLION AND UNDER 6.3 $200 $500 MILLION TCI MILLION MILLION TO $1 B I L L I O N B I L L I O N AND OVER PRIME $500 TOTAL NEW YORK CITY 6.6" 5.7 6.1 3 / OUTSIDE NEW YORK CITY 6.6 5.1 NON-PRIME 6. 7 DECEMBER 40. 6 37.5 35,3 38.8 42 44. e 37.& 42.9 JANUARY 56.2 54.3 56.1 57.1 56.1 * 7 .0 51. 6 60.9 FEBRUARY 65.5 64.1 64.9 63.2 6 5 . 2^ 67.3 6 M 67.5 MARCH 71.9 >1.2 ?C.Z 73.4 71.8 73.3 68.5 74.1 APRIL 80.3 79. 1 77.7 81.G 8D. 7 82.7 7T.9 81 . 3 MAY 84.6 85. 1 83.8 85.4 84.3 85.3 82.8 84.9 JUNE 88>G 88.8 87. 5 88.6 &T.7 89.3 86. 6 86.9 JULY 9C.0 91.5 90.1 90.9 89.3 90. 5 88.5 89.0 AUGUST 91.4 93. 3 92,2 9 2.4 90.5 91.5 89. 9 90.4 SEPTEMBER 93.6 95.9 94.7 94.3 9 2.7 94.3 91.6 92.1 QCTCTBER 96.1 97.5 96.9 *5.7 95.7 97.6 95.2 93. 9 NOV EM 6 ER 97.9 98.6- 99. 3 97.8 97 .6 99. 1 9T.6 96.0 toe.o 1 OD. a 100.0 iso .a 100.0 100.a reo.o 100.0 0.6 C EMBER CP L A T E R 1/ 2/ 3/ TOTAL 1/ I N C L U D E S C E R T I F I C A T E S I N D E N O M I N A T I O N S OF $1 0 0 , 0 0 0 OR MORE I S S U E D BY WEEKLY REPORTING B A N K S . T O T A L D E P O S I T S AS REPORTED I N THE C A L L RE p CRT OF C O N D I T I O N ON DECEMBER 3 1 , 1 9 6 5 . P R I M E BANKS ARE THOSE WHOSE N E G O T I A B L E C E R T I F I C A T E S OF D E P O S I T ARE REGARDED AS B E I N G OF THE H I G H E S T Q U A L I T Y REPORTED BY DEALERS TO TRADE W I T H I N 1 OR 2 B A S I S P O I N T S OF EACH CTHE R W I T H I N THE SECONDARY MARKET. AND WHICH ARE # TABLE 3E SALES / 1/ OF NEGOTIABLE T I M E C E R T I F I C A T E S OF D E P O S I T S I N C E P R E V I O U S M3NTTH 2 / &T WEEKLY R E P O R T I N G BANKS BY S I Z E OF BANKS 3 / AS OF 2 5 NOV 1 9 7 0 PERCENTAGE D I S T R I B U T I O N $1 B I L L I O W A NO OVER CD'S MATURING 1 9 7C NCV IN TOTAL T2QO MILLION AND UNDER $200 MILLION TC $500 M I L L I O N $500 MILLION TO $1 B I L L I O N PR IMF TOTAL 4/ OUTSIDE NEW YORK CITY NON-PRIME NEW YORK CITY 26-30 DECEMBER 19 7 1 JANUARY FEBRUARY 37V7 40. 2 3a.6 40.9 36.4 33.5 35. t 42.1 *7.7 21.0 1 9. 6 20 . 4 re.3 12.9 17.5 19. 9 17,4 rr.o L6.4 16.9 1 7.7 23.7 16.1 10. 8 MARCH 4.5 2.8 2.1 3.7 5-3 6.1 3.9 5.9 APRIL 3.0 2.6 3R*3 3.1 2.9 3. 6 2.6 2. 2 MAT 7.2 8. 9 11.3 6.4 6.6 5.9 8. 8 5.0 JUNE 3.2 0. 7 1.0 1.1 4.4 7.2 3.9 0. 7 JULY a. a 0.4 0.7 0.4 0.9 1.7 0.2 0.6 AUGUST 0.5 0.5 0. 8 0.8 0.3 0.4 0.1 0. 5 SEPTEMBER Q.4 0.5 0.2 C. 1 0 .5 0. 5 0.6 0.4 OCTOBER 1.7 C. 6 0.6 0.7 2.3 0.7 5. 6 0. 8 NOVEMBER OR L A T E R 6 • 0 4.9 5.4 5.4 6.4 3. 7 5. 5 11.1 1G0. e 100.0 100.0 100.0 100.0 100.0 lOO.O 100.0 TOTAL * — (MEMORANDUM : TAX AND DIVIDEND MATURITIES! -- DECEMBER 1C I .5 1.6 1.3 0.9 1.7 2 .4 1.1 1 .4 DECEMBER 15 2.2 0.9 1.0 1.8 2.7 2. 5 3.9 1.6 - 254 1/ 2/ 3/ 4/ 86 ( MEMORANDUM: NUMBER OF R3 BANKS) 48 SEE T E C H N I C A L A P P E N D I X A . I N C L U D E S C E R T I F I C A T E S I N D E N O M I N A T I O N S OF $ 1 0 0 * 0 0 0 OR MORE I S S U E D BY WEEKLY R E P O R T I N G BANKS . T O T A L D E P O S I T S AS REPORTED I N THE C A L L REP CRT CF C O N D I T I O N ON DECEMBER 3 1 , 1 9 6 5 . PQIME 9ANKS ARE THOSE WHOSE N E G O T I A B L E C E R T I F I C A T E S OF D E P O S I T ARE REGARDED AS B E I N G OF THE H I G H E S T Q U A L I T Y REPORTED BY DEALERS TO TRADE W I T H I N 1 OR 2 B A S I S P O I N T S OF EACH CTHEP W I T H I N THE SECONDARY MARKET . http://fraser.stlouisfed.org/ * T C T A L S MAY NOT AC C CUE TO R O U N D I N G . Federal Reserve Bank of St. Louis 12 37 AND WHICH I 8 ARE » e e # '' # # - # # # e TABLE 4 4 AVERAGE MATURITY OF OUTSTANDING N E G O T I A B L E T I M E CERTIFICATES OF D E P O S I T 1 / AT WEEKLY REPORTING RANKS AT V A R I O U S SURVEY DATES I I N MCNTttS) DATE BANK C L A S S I F I C A T I O N CF SURVEY — ZSf NOV 1 9 7 0 28-OCT — — 30 SEP 1 9 7 0 19 70 L6CATICN* Akl RE PORT! NG 8 ANKS I S S U i KG CD • $ 3.1 l.G 2.8 NEW YORK C I T Y 2.9 2.7 2.4 CHICAGO 3.9 3.0 2.7 OTHER 3.1 3.1 3.1 (BY UNDER S20C M I L L I O N OF BANK ) 2/ 3.1 3.2 3. 3 S2G(r-tSeO MTtLIQH 3v 1 3.1 3.2 $50C-SlfCOO M I L L I O N 3.0 3.1 *.€F OVER -SI B I L L I O N 3 .1 2.9 Z.7 2.9 2.7 2. 4 3 .4 3.2 3^1 3 .0 2.6 2.6 PRIME I N NEW YORK C I T Y P R I M E OUTSIDE 3/ NEW YORK C I T Y 3 / NON-PRIME 1/ INCLUDES C E R T I F I C A T E S 2/ TOTAL DEPOSITS SIZE IN DENOMINATIONS OF AS REPORTED I N THE $100,000 OR MCRE ISSUED BY WEEKLY REPORTING B A N K S . CALL REPORT OF C O N D I T I O N CN DECEMBER 3 1 , 1965. 3/ PRIME BANKS ARE THOSE WHOSE NEGOTIABLE C E R T I F I C A T E S OF DEPOSIT ARE REGARDED AS B E I N G OF THE HIGHEST Q U A L I T Y AND W H I C H ARE REPORTED BY DEALERS TO TRADE W I T H I N 1 OR 2 B A S I S POINTS OF EACH OTHER W I T H I N THE SECONDARY MARKFT. # # # # e # # TABLE AVERAGE # # # AE MATURITY OF NEGOTIABLE . TIME C E R T I F I C A T E S OF D E P O S I T 1/ SCLO BY WEEKLY REPORTING BANKS DURING THE MONTH CF VARIOUS . BANK C L A S S I F I C A T I O N 25 (IN MONTHS! — NOV 1 9 7 0 DATE CF SUBVEY : 2 8 - O C T 19 7 0 (BY ALL REPQRTrNG SURVEYS V> SEP LOCATION} BANK S ISSUING C D ' S 2.7 NEW YORK C i T V 2.9 s.r 2, 2 "• CHICAGO 2.0 OIHER 2 .7 2.5 tBY JUDDER 197C $200 MILLICN S I ZE OF 2.2 BANK ) 2/ Z.5 2v5 S20C»$:50a M I L L I O N 2 .8 2^7 2.4 $ 5 0 0 - $ 1 1 SCO M r t L I O N 2 . 6 2.8 2.3 OVER 3.1 2 ^ 3.0 3.2 2 . 2 3 .3 2.6 2.0 3.1 2.2 I .9 $1 B I L L ION PRIME IN NEW YORK C I T Y PR I ME OUTSIDE 3/ NE W YORK CI TY 3 / NON-PRIME 1/ IM CL UCES C E R T I F I C A T E S 2/ TOTFL DEPOSITS AS REPORTED 3/ PRIME WHICH BANKS ARE THOSE WHOSE NEGOTIABLE C E R T I F I C A T E S OF DEPOSIT ARE REGARDED AS BEING OF THE HIGHEST Q U A L I T Y AND ARE REPORTED BY DEALERS TO TRADE WITH I N 1 OR 2 B A S I S POINTS OF EACH O T H E R ' W I T H I N THE SECONDARY M f t R K F T . NOTE—SEE TECHNICAL [ N 5£ NOMI NATI ON S OF APPENDIX 8. I N THE C A L L $100,030 OR IN) 2 .6 MORF I SSUFD BY WFEKLY R EPORT INC, RANKS . REPORT OF C O N D I T I O N ON DECEMBER 31, 1 S65. # • e # # # # e * # # TABLE 5A RATIO OF OUTSTANDING NEGOTIABLE TIME C E R T I F I C A T E S TO TOTAL OF DEPOSIT 1 / CEPOSITS AT VARIOUS SURVEY DATES ( PER C E N T ! DATE OF SURVEY TOTAL DEPOSITS 2t ( I N M I L L I O N S OF DOLL AR SI ALL 25 NOV 1970 BANKS ISSUING CD* S UNDER 2 6 0 28 OCT 1 9 7 0 30 SEP 1970 11.0 • • 19 . 4 ; 9.6 9.8 9„4 9.5 20D - 500 10.5 TO.4 9.7 500 - 1000 10.8 9.9 9.4 11.4 10.7 9.7 12.6 12.0 9.9 9.3 8.6 8 .4 13.3 12.3 11.7 OVER 1 0 0 0 PRIME I N NEW YORK 3 / PR I « E OUTSIDE NEW YORK 3 / N3NPR I ME1/ INCLUDES 2/ TOTAL DEPOSITS AS REPORTED I N 3/ PRIME BANKS ARE THOSE WHOSE NEGOTI ABLE CERTIFICATES OF DEPOSIT ARE REGARDED AS BEING OF THE HIGHEST QUALITY AND WHICH ARE REPORTED BY CEALERS TO TRACE W I T H I N 1 OR 2 B A S I S POINTS OF EACH OTHER W I T H I N THE SECONDARY MARKET. NOTE- CERTIFICATES IN DENOMINATIONS CF $1 0 0 , 0 0 0 ' THE GALL REPORT CF CCNDITION ON DECEMBER 3 1 * DEPOSITS I N THE DENOMINATOR OF THE RATIO INTERBANK AND U . S . GOVERNMENT DEPOSITS. OR MOR E ISSUED BY WEEKLY REPORTING BANKS. 1965. IN THIS TABLE ARE TOTAL OEM AN C AND TIME DETOSITSR INCLUDING • t # e § # # # # # TABLE 5 0 RATIO OF OUTSTANDING NEGOTIABLE T I PE C E R T I F I C A T E S OF DEPOSIT 1/ TO TOTAL DEPOSITS AS OF 25 NOV 19 70 (NUMBER OF BANKS > TOTAL BE P O S I T S 2 / M I L L I CNS OF DOLLAR SI 5 TO tot IC TO 15% 15 TO 20% 20 T& 75% 2 5% OR MORE AVERAGE C& TO DEPOSIT RATIO (PER CENT) til BANKS I S S U I N G CC S 57 70 72 15 TO P I ( IN 5% CR LESS LNCER 200 24 24 25 7 3 3 9, 8 200 - 500 23 19 19 11 6 5 10.5 5CC - 1000 B 15 12 8 5 €F 10.8 2 12 lb 4 1 2 11.4 0 I 6 0 0 0 12.6 1 5 5 I 0 0 9.3 T 6 5 3 1 2 13.3 CVER 1000 PRIME I N NEW YORK 3 / PRIME OUTSIDE NEW YCRK 3 / NONPRIME 1/ INCLUDES 2/ TOTAL DEPOSITS FRS REPORTED I N 3/ PRIME BANKS ARE THOSE WHOSE NEGOTIABLE C E R T I F I C A T E S OF DEPOSIT ARE REGARDED AS BEING 3 F THE HIGHEST D U A L I T Y AND WHICH ARE REPORTED BY DEALERS TO TRADE W I T H I N 1 OR 2 BASIS POINTS OF FACH OTHER W I T H I N THE SECONDARY MARKET. NOTE- CERTIFICATES IN DENOMINATI CNS CF $ 1 0 0 , 0 0 0 OR MORE THE CALL REPORT OF CONDITION ON DECEMBER M , D E P O S I T S IN THE DENOMINATOR OF THE RATIO INTERBANK AND U . S . GOVERNMENT D E P O S I T S . ISSUED BY WEEKLY I N THIS TABLE REPORTING BANKS. 1965. ARE TOTAL DEMAND AND TIME D E P O S I T S , INCLUDING # # # # # TABLE PER CENT CHANGE IN OUTSTANDING TO 2 5 (NUMBER CECLINtS DEPOSITS 2 / CF # NOV CERTIFICATE OF DEPOSIT BANKS # /I 1970 BANKS) OF INCREASES 3 F REDUCED ISSUED C D ' S CESS" ALL # 5C NEGOTIABLE TIME 2 8 OCT 1 9 7 0 TOTAL # IO™ MORE™ ^ ISSUING C!~>'S 0 18 10 46 17 42 38 82 1 UNDER 20C 0 7 3 16 5 16 15 24 0 2 0 0 500 & 6 4 19 9 14 8 22 t 1000 0 0 3 6 ? 7 8 22 0 5 0 5 1 5 7 T4 g 0 1 0 1 a 3 2 e 0 2 0 2 0 2 1 0 2 0 2 1 3 3 ~ 500 OVER 1000 PRIME BUT IN NEW YORK PRIME O U T S I C E 3/ NEW YORK 3/ NONPRIME p TOTAL 3/ P R I M E BANKS ARE THOSE WHOSE NEGOTIABLE C E R T I F I C A T E S OF DEPOSIT ARE REGARDED AS B E I N G OF THE H I G H E S T Q U A L I T Y AND WHICH ARE REPORTED BY DEALERS TO TRADE W I T H I N I C R 2 B A S I S P O I N T S OF EACH OTHER W I T H I N THE SECONDARY MARKET. NOTE- ISSUED 7 2/ I N THE C A L L CR fCRE C INCLUDES C E R T I F I C A T E S AS REPORTED $100 , 0 0 0 5 0 1/ DEPOSITS I N D E N O M I N A T I O N S OF 0 ' BY WEEKLY REPORTING B A N K S . REPORT OF C O N D I T I O N ON DECEMBER 31, 1965. THE NUMBER OF BANKS I N T H I S TABLE C I F F E R S FROM THOSE I N MOST CTHEP TABLES TO THF EXTENT THAT BANKS THAT HAD O U T S T A N D I N G C D ' S ON THE LAST SURVEY REDUCED T H E I R OUTSTANDINGS TO ZERO ON T H I S S U R V E Y . # e # e e # TABLE PER CENT CHANGE IN AUG 1 9 7 0 TO 2 5 (NUMBER OF ( IN ALL C.EPO S I T S MILLIONS BANKS CD'S REDUCEO CD 1 S 25% TO OR MORE Z ER G Z2 OF D O L L A R S ) OECLINES 20 TO 25% T I ME C E R T I F I C A T E NOV OF • • DEPOSIT / I 1970 BANKS) INCREASE OF 10 TO 15 t 15 TO 2 C% • 50 OUTSTANDING NEGOTIABLE 26 TOTAL • 5 TC 10% 5% OR LESS ISSUING NO C H A NG E 5% OR LESS TO 10% 1C TO 15% OF 15 TO 20 % 25% OR MORE 20 TO 25% ISSUED C D ' S BUT H A D NONE OUTSTANDING ON BASE DATE 0 13 4 7 6 14 12 7 12 16 17 18 15 108 5 UNDER 20 C G' 6 1 2 5 5 5 0 3 3 7 9 4 35 1 200 - 500 0 5 t 4 0 8 4 5 3 6 4 2 4 scr 2 500 - 1000 0 C 1 0 1 1 3 1 1 3 2 3 5 25 2 0 2 1 1 0 0 0 1 0 4 4 4 2 18 0 0 0 0 c 0 0 0 0 0 2 0 I 0 4 0 0 1 1 1 0 0 0 0 0 0 2 2 1 4 0 0 1 0 0 0 0 0 1 0 2 2 1 1 10 0 OVER 100€ PRIPE IN NEW PRIME OUTSIDE YORK 3/ NEW YORK 3/ NONPR IM E 1/ 'VCLUDES 2/ TOTAL DEPOSITS 3/ P R I M E BANKS ARE THOSE WHOSE N E G O T I A B L E C E R T I F I C A T E S OF D E P O S I T ARE REGARDED AS B E I N G OF THE H I G H E S T Q U A L I T Y AND WHICH ARE REPORTED BY D E A L E R S TO TRADE fclTHIN 1 CR 2 B A S I S P O I N T S OF EACH OTHER W I T H I N T H E SECONDARY M A R K E T . NOTE- CERTIFICATES I N D E N O M I N A T I O N S OF AS REPORTED I N THE C A L L THE NUMBER OF BANKS I N T H I S HAC O U T S T A N D I N G C D ' S ON THE O U T S T A N D I N G S TO ZERO. $103,300 REPORT OF OR fORE CONDITION ISSUED BY WEEKLY ON DECEMBER T A B L E CI FFERS FROM THOSE I N MOST SURVEY THREE MONTHS P R I O R TO THE 31, REPORTING BANKS. 1 965. OTHER T A B L E S T3 CURRENT SURVEY, THE EXTENT THAT BANKS THAT REDUCED T H E I R i * • # # # / e # e # TABLE 5E CHANGE I N OUTSTANDING NEGOTIABLE TIME C E R T I F I C A T E S OF DEPOSIT I V OVER THE MONTH AS A PER CENT OF TOTAL DEPOSITS AT THE BEGINNING CF THE PERIOD 2S OCT 1 9 7 0 TC 2 5 NOV 1 9 7 0 fNUMBER CF RANKS) TOTTAL DEPOSITS 2 / ( M ALL MILLIONS DECLINES CF GF DOLLAR SI *• W S I S S U I N G : O S 3% AND OVER - 5CC OVER x% AND LESS 2 TO 3% T TO 2T 3? AND OVER 4 T 6 2 IT 87 34 IT 22 6 Z 2 23 5 3T re 3 t 500 i 2 3 23 <> 2& 6 6 4 i oor 0 0 0 to 2 16 la 5 5 2 0 2 6 1 10 a 3 5 I 0 0 1 0 2 2 a 1 1 0 0 3 0 4 3 c 1 0 ry 2 2 I 4 3 3 3 moo I N NEW YORK PRIME AUTSIDE 3/ NEW YORK 3 / NONPRIME INCLUDES C E R T I F I C A T E S IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 ZZ TOTAL DEPOSITS AS REPORTED I N 3/ NO CHANGE * IME IF IX AND LESS I m 2% ' UNCER z n a zee 2 TQ 3? INCREASES OF OR MORE ISSUED BY WEEKLY REPORTING BANKS. THE CALL REPORT OF C O N D I T I O N ON DECEMBER 3 1 , 1965. PRIME BANKS ARE .THOSE WHOSE NE5CTI ABLE C E R T I F I C A T E S OF DEPOSIT ARE REGARDED AS BE IMG OF THE HIGHEST QUALITY AND WHICH ARE REPORTED BY DEALERS TO TRADE W I T H I N 1 OR 2 BASIS POINTS OF EACH OTHER WITHIN THE SECONDARY MARKET. NOTE- DEPOSITS I N THE DENOMINATOR OF THE RATIO I N T H I S TABLE ARE TOTAL INTERBANK AND U . S . GOVERNMENT D E P O S I T S . DEMAND AND TIME D E P O S I T S , INCLUDING # e # # # # # TABLE CHANGE OVER IN LAST THREE MONTHS AT THE 26 BEGINNING (IN A i l DEPOSITS M I L L I O N S OF BANKS CD'S ?/ DECLINES DOLLARS i 5% AND OVER 4 TO 3 TO 4% 5% e # CERTIFICATES OF D E P O S I T OF TOTAL 1/ DEPOSITS OF THE P E R I O D TO 25 (NUMBER TOTAL TIME AS A PER CENT AUG 1 9 7 0 # 5F OUTSTANDING N E G O T I A B L E THE e NOV 1970 CF HANKS I CF I N C R E A S E S OF 2 TO 3% 1 TO 2% 1% AND LESS NO CHANGE 1* 4N0 UNDER 2 1 TO 2* 3 TO 4% TO 3% 4 TO 5% 5% AND OVER ISSUING - 3 2 5 5 9 33 7 31 43 31 24 19 35 UNDER 2OC 0 0 3 2 a 17 0 11 16 10 8 6 9 ZOO - 5CC 2 0 2 2 5 11 5 15 ia 9 3 6 11 500 1000 0 1 0 0 I 4 £ 2 8 8 9 5 7 I I G 1 0 f I 3 9 6 4 2 8 c e 0 0 c 0 0 1 I 1 1 1 2 1 i 0 0 0 I 0 0 4 3 1 0 1 6 e 0 I 0 0 L 2 4 2 2 I 5 - OVER 1000 PRIME IK NEW YORK 3/ P R I M E OUTS IDE KEW f O R K 3/ NCNPRIME 1/ INCLUDES 2/ TOTAL DEPOSITS 3/ PRIME WHICH BANKS ARE THOSE WHOSE MrGGTI ABLE ARE REPORTED 8Y DEALERS TO TRADE NOTE- CERTIFICATES AS I N D E N O M I N A T I O N S OF REPORTED IN THE C A L L $100,000 REPORT CF C O N D I T I O N ON DECEMBER 3 1 , BANKS. 1965. C E R T I F I C A T E S OF DEPOSIT ARE REGARDED AS B E I N G 3 F THE H I G H E S T Q U A L I T Y AND W I T H I N 1 OR 2 B A S I S P O I N T S OF EACH OTHER W I T H I N THE SECONDARY MARKET. D E P O S I T S I N THE DENOMINATOR OF THE R A T I O I N T E R B A N K AND U . S . GOVERNMENT D E P O S I T S . OR MORE I S S U E D BY WEEKLY REPORTING IN THIS TABLE APE T O T A L DEMAND AND T I MF D E P O S I T S , INCLUDING TABLE 6A MATt/RI TY D I S T R I B U T I O N OF OUTSTANDING NEGOTIABLE T I M E AT WEEKLY REPORTING BANKS BY FECERAL RESERVE D I S T R I C T AS OF 2 5 (AMOUNTS MILLIONS OF D E P O S I T 1/ 1970 OF D O L L A R S ! ST* LOUIS H IMM E APOLIF KA NSAS CITY DALLAS SAN FRANCISCO 155.9 20*2 23.1 39. 8 113.3 260.8 232.1 909.3 133*2 144.0 214.1 6 4 7. 5 1625.8 164*0 133. 4 509.3 69.3 >1.7 120. 6 3 89. 4 605.0 128*5 57.6 85.0 232.4 81^7 23*5 48.5r 153. 4 451.1 58.5 70.8 51.5 194.6 24*2 9. 4 35.5 121.0 395.9 44.6 156.1 51.5 59.2 257.5 29.0 26.€ 49. 0 140.6 448 * 3 240*5 48*2 88.4 35.5 51. 3 152.9 29*9 21*8 35.3 74.4 263.7 2 5. 8 322.5 17.2 50 . 4 24.9 46.2 139.1 36.5 3.3 31*2 31.0 143*8 497*2 11.9 108*1 24.4 53*6 13.2 33. 1 80.4 9.7 1. n 18.1 62.9 80.6 AUG 36 6 . 6 23.0 96. 2 7. 3 33.9 26.5 16.7 29.2 12.7 1.3 20.7 22.4 76.7 SEP 555.3 8.6 214.8 10.2 41.4 30.4 23.0 69.2 6.4 4.3 27.8 33*9 85*3 6 4 1 * 8- 15. 7 241.8 12.4 37. 5 73.7 12.8 167*3 8.2 0. 8 15.7 43.1 62 . 8 NOV 463^1 2 9. 0 118.9 18.7 16.4 6.9 18.1 105.6 11*6 1*8 11.2 62 . 8 62.1 DEC OR LATER 530.9 7*2 101.5 19.4 87.4 15.G 24.5 6 5.4 17.5 9.9 9.4 98.7 75.0 2 5296.6 1374.4 8649.9 984.3 1493.5 736.8 832*2 3068 . 1 490. I 362.7 676.9 1994.4 4633.3 3 .0 2. 2 2.8 2.6 3 .7 3.4 3. 5 3.6 3. 5 2 .3 3. 3 3. 3 2.9 253 18 45 10 17 15 23 35 11 5 19 23 32 ALL DISTRICTS BOSTON 1546. 6 13C.3 579.7 71.2 DEC 8 7 27 . 4 52 5 * 6 3314.8 3 84.7 1971 JAN 39 33 * 8 264. 8 1168. 3 FEB 2342.2 157,5 MAR 1 6 2 G. 3 APR CD' S M ATURING 1970 IN NOV CERTIFICATES IN CLEVELAND RICHMOND ATLANTA 79 * 5 29.5 45.3 4 0 9 .0 18 r . 3 164.6 2 52.9 858.9 64.1 76. I 485*5 9 7 . 3^ 2118.8 59.1 797*9 MAY 1078. 7 3 9.8 J UN 871. 9 JUL NOV TOTAL 26-NOV 30 * AVERAGE MATURI TY I N MCNTHS 2 / NUMBER OF R E P O R T I N G E ANK S 1/ INCLUDES ONLY - C E R T I F I C A T E S 2/ SEE T E C H N I C A L APPENDIX ISSUED NEW YORK PHI L A DELPHI A I N D E N O M I N A T I O N S OF B. D E T A I L S MAY NOT ADD TO TOTALS DUE TO ROUNDING. Digitized for *FRASER $ 1 0 0 , Q 0 0 . O R . MCRF CHICAGO BY WEEKLY REPORTING B A N K S . e e # # e e TABLE 1 / SALES OF NEGOTIABLE 2/ C E R T I F I C A T E S OF D E P O S I T S I N C E WEEKLY R E P O R T I N G BANKS BY FEDERAL RESERVE D I S T R I C T (AMOUNTS MATURING IN ALL DISTRICTS BOSTON 73 # e NCV P R E V I O U S MONTH 1970 IN M I L L I O N S OF DOLLARS) PHILADELPHIA CLEVELAND RICHMOND ATL ANT A 1138.3 180.4 127.8 69 .0 9 2. 7 ST. L3UIS RINNEAPOLI S KANSAS C I TV DALLAS SAN FRANCISCO 254. 5 57.2 70 . 3 72.9 2 97. 9 702.7 CHICAGO 1970 DEC 1297.3 233. 6 19 7 1 JAN 1549.7 142,3 477.9 116.4 71.8 41.4 43. 1 182.0 26.5 47.7 50.8 109.6 239. 7 FEB 1519.4 122.4 686.0 51.2 61.7 24.3 42.8 138 .8 34.8 17.4 27.5 79.7 232 .8 M AR 396*0 3 9. 7 153.3 70.5 8.7 9.7 7. 4 45.0 4.3 3. 2 7. 0 45.3 APR 261.4 11.7 108.5 5.8 6 .5 7.7 4. 7 23.5 2.7 12 #0 9.3 l r. c 59.0 MAY 634.0 27.7 174* 6 3 7. 8 36.0 21.1 25.4 90.0 7. 0 11.4 17 . 7 34. 8 147. 5 MH 278 * 5 jvT 170.0 2.8 3.7 2.3 4.6 48.2 0.7 0.3 6.2 4. 8 31.2 JUL 66.7 1.3 40.0 7.7 0.9 2.7 1.6 2.1 1.7 0. 1 2.1 C.9 5.6 AUG 41.1 2.9 13.9 1.0 2. 5 6.5 0.7 3.2 2.2 0. 0 0.7 1.1 6.4 SEP 37.0 0.1 12.1 0.2 0.4 0.5 0.6 1.4 1.2 3.0 0. 6 2.4 14.5 OCT 148.3 5.9 17.7 0.8 11.6 1 .3 1.4 97.4 2.5 0.1 0.8 3.2 5.6 NOV OR LATER 524.9 25.0 111.7 29.0 9. 8 6.8 17.5 9 7.8 17.2 7.5 12.1 138.7 51.8 8751.3 616.8 3104.0 50 3 . 6 341.4 193.3 242.5 993.9 158.0 2 02.6 690. 1 1542.1 2.9 2 .4 2.7 2. 7 2.7 2 .9 2.9 4.2 3.2 2.8 3.7 2.5 TOTAL * AVERAGE M A T U R I T Y I N MONTHS 3 / 1/ SEE T E C H N I C A L APPENDIX 2/ I N C L U D E S ONLY CERTIFICATES 3/ SEE APPENDIX * NEW YORK # 6B TIME AS OF CD'S # TECHNICAL DETAILS MAY NOT ADD TO 1 73. C A. ISSUED IN D E N O M I N A T I O N S OF B. TOTALS DUE TO R O U N D I N G . $100 , 0 0 0 OR MORE BY WEEKLY R E P O R T I N G B A N K S . 2.4 1. c » • • • • • • TABLE MATURITY OF 2 5 (PERCENTAGE 1970 1971 1/ • • • 6C D I S T R I B U T I O N OF O U T S T A N D I N G NEGCTt ABL E T I M E AT WEEKLY R E P O R T I N G BANKS BY FEDERAL RESERVE D I S T R I C T AS CD'S # C E R T I F I C A T E S OF DEPOSIT 1/ NOV 1 9 7 0 DISTRIBUTION) ST. LOUIS MINNEAPOLIS KANSAS CITY DALLAS SAN FRANCISCO 5.1 4.1 6.4 5.9 5. 7 5.6 27 . 9 29.6 2 7V 2 39.7 31.6 32.5 35.1 22.3 16.0 16.6 14.1 25.3 17.8 19.5 13.1 8 .6 7.8 10. 2 7.6 16.7 6.5 7.2 7* 7 9.7 9.9 3.9 9 .6 6.2 6.3 4.9 2.6 5.2 6. 1 8.5 9.2 4.5 10.5 7 .0 7. 1 8.4 5.9 7.2 7.2 7. C 9.7 2.9 2.8 4.9 5.9 4.8 6*2 5.0 6. 1 6.0 5.2 3.7 5.6 3.4 1.9 3.7 1.7 3.4 .3.4 5.6 4.5 7.4 0.9 4.6 1.6 3.1 J Ifl- 2.C 0.9 1.2 2.5 3. 6 1.8 4.0 2.6 2.0 0.5 2.7 3.2 1 .7 AUG 1.4 1. 7 1.1 0.7 2.3 3.6 2. 0 1.0 2,6 0.4 3.1 1. 1 1.7 SEP 2.2 0.6 2.5 1.0 2.9 4.1 2. 8 2.3 1.3 1 .2 4. 1 1. 7 1.8 OCT 2.5 1.1 2.8 1.3 2.5 3.2 1.5 5.5 1.7 0.2 2.3 2.2 1 . 4 NOV 1. 8 2.1 1.4 1.9 1. 1 0.9 2.2 3.4 2.4 0.5 1.7 3.1 1 •-> CEC QR L A T E R 2.L C. 5 1.2 2.0 5.9 2.0 2.9 2.1 3.6 2. 7 1.4 4.9 1.6 100.0 100. 0 100.0 100.0 100 . 0 100*0 100.0 104.0 100.0 100.0 100. 0 100. 0 100.0 ALL DISTRICTS BOSTON 6.1 9.5 DEC 34.5 JAN MATURING IN PHILADELPHIA CLEVELAND RICHMOND ATLANTA 6. 7 7.2 5.3 4.0 5.4 38.2 38 . 3 39.1 27.4 25.4 15.6 19.3 13.5 16 . 7 16.9 FEE 9.3 11.5 9.9^ 6.5 MAP 6 .4 5^5 5.6 APR 8.4 4.3 MAY 4.3 JUN NCV 2 6 --NOV 3 C INCLUDES ONLY C E R T I F I C A T E S ISSUED IN NEW YORK OENOMINAT I C N S CF $100,000 CHICAGO OR MORE BY WEEKLY R E P O R T I N G BANKS. • • • # e e e # # # f TABLE MATURITY DISTRIBUTION OF O U T S T A N D I N G M E GOTIABLE T IMF AT WEEKLY R E P O R T I N G BANKS BY FEDERAL RESERVE D I S T R I C T AS OF 25 (CUMULATIVE CD'S MATURING 1 9 7 0 NOV 1971 I IN 26 - N O V 3 0 BOSTON 6.1 9. 5 NCV CERT I F I C A T E S OF 1/ , 1970 PERCENTAGE) PHILACELPHIA CLEVELAND RICHMOND ATL ANT A 6.7 7.2 5.3 4.0 5.4 NEW YORK DEPOSIT ST. LOUIS MINNEAPOLI S KANSAS CITY DALLAS SAN FRANCISCO 5.1 4. 1 6 .4 5.9 5. 7 5.6 CHICAGO DEO 40,6 47.7 45.0 46.3 32.7 29.4 33.3 34.7 31.3 46. 1 37.5 38.2 40.7 J AH 56.2 67.0 58.5 63»0 49.6 51.7 49.3 51.3 45.4 71.4 55.3 57.7 53.8 FEB 65.5 78.5 68.4 69.5 58.2 59. 5 59.5 58.9 6 2. 1 77. S 62.5 65.4 63.5 MAR 71.9 84.0 74. 0 79.4 62.1 69.1 65. 7 65.2 67.0 80.5 67. 7 71. 5 72.0 80 . 3 88.3 83.2 83.9 72.6 76 . I 72. 8 73.6 72,9 87 . 7 74.9 78,5 81.7 MAY 84.6 91.2 86.0 88.8 73,5 80.9 79.0 78.6 79, C 93.7 80.1 82.2 87.3 J UN 88. G 93. 1 S9.7 90.5 81.9 84.3 84.6 83.1 8 6.4 94. 6 84.7 83 . 8 90,4 JUL 90* C 94.0 90. 9 93.0 8 5. 5 86.1 88.6 85,7 88 . 4 95. 1 87.4 87.0 92,1 AUG 91.4 95. 7 92.0 93*7 87.8 89.7 90.6 86,7 91.0 95.5 90. 5 88. 1 93 . 8 SEP 93.6 96.3 94. 5 94.7 90.6 93.8 9 3.4 89. C 92.3 96.7 94.6 89. 8 95.6 OCT 96.1 97.4 97.3 96.0 93. I 97.0 94.9 94,5 94.0 96.9 96.9 92.0 97,0 NOV 97.9 99.5 98.7 97.9 94.2 97.9 97.1 97 .9 9 6,4 97.4 98.6 95.1 98 , 3 100 . 0 100.0 1 CC. 0 100.0 133 . 0 130.0 IOC. 0 100.0 100.C 100,0 100.0 APR - DEC OR L A T E R 1/ ALL DI STRICTS 60 INCLUDES CMY CERTIFICATES ISSUED I N DENCMINATIONS CF $1 0 0 , 0 0 0 OR MORE BY WEEKLY REPORTING BANKS. 1 CO. 0 100.0 TABLE 1/ SALES OF N E G O T I A B L E 2/ C E R T I F I C A T E S OF D E P O S I T S I N C E WEEKLY REPORTING BANK S BY F E D E R A L RESERVE D I S T R I C T TIME AS OF 25 (PERCENTAGE CD'S MATURING ALL DISTRICTS BOSTON HEW YORK NOV PREVIOUS MONTH 19 7 0 DISTRIBUTION) PHILADELPHIA CLEVELAND RICHMOND ATLANTA CHICAGO ST. LOUIS Ml N N E AP0L1S KANSAS CITY DALLAS SAN FRANCISCO 1970 DEC 37 . 7 37.9 36. 7 35.8 37.4 35.-7 38.2 25^9 36.2 40.6 36.0 43.2 45.6 1971 JAN IT.7 23*2 15. 4 23.1 21.0 21.4 17.8 18, 5 16.8 27.6 25.1 15.9 15.5 FEB I 7. 4 19. 8 22.1 10.2 18.1 12.6 17.6 14.1 22.0 10.1 13.6 11.5 15.1 MAR 4.5 6.4 4 .9 14.0 2. 5 5.0 3.1 4.6 2.7 1. 8 0. 9 1.0 2.9 APR 3.0 1.9 3.5 1.? 1 .9 4.0 U<* 2.4 1.7 6.9 4.6 1.4 3.9 MAY 7.2 4.5 5.6 7.5 10.5 10.9 10.5 9.1 4.4 6.6 8 .7 5.0 9.6 3.2 0.6 5.5 0.6 1.1 1.2 1.9 4.9 0.4 0.2 3.1 0. 7 2. 0 JUL 0.8 0.2 1.3 1.5 0.3 1.4 0.7 0.2 1.1 0. 1 1.0 0.1 0.4 AUG 0.5 0.5 0.4 0.2 0.7 3.4 0.3 0.3 1.4 0. 0 0.3 0.2 0.4 SEP; 0.4 0. C 0.4 0.0 0.1 0. 3 0.2 0.1 0.8 1.7 0.3 0.3 0.9 OCT 1.7 1.0 0.6 0.2 3.4 0.7 U.6 9.9 1.6 0.1 0.4 0.5 0.4 6.0 4.1 3.6 5.8 2.9 3. 5 7.2 9.9 10.9 4.3 6.0 20. 1 '3.4 100. 0 LOO. 0 100.0 100.0 100.0 100. O 100.0 100 .0 100.0 100.0 1 00. 0 100. 0 100.0 OR MORE BY WEEKLY JUN NOV TOTAL - OR L A T E R * 1/ SEE 2f INCLUDES NOTE * LN 6E TECHNICAL SALES DETAILS APPENDIX A . ONLY W CERTIFICATES THIS MAY NOT " TABLE ISSUED ARE ADD TO T O T A L S I N Q E N O M I N A T I C N S OF NOT A D J U S T E D FOR C D ' S DUE TO R O U N D I N G . THAT $100,000 HAVE MATURED. REPORTING B A N K S . TECHNICAL APPENDIX A DERIVATION OF GROSS SALES OF CERTIFICATES OF DEPOSIT Sales of CD's between survey dates are derived in the following manner: Outstanding CD's maturing in each month of the previous survey are subtracted from maturities in the same month of the current survey. Those CD's maturing in the remaining portion of the month in which the current survey is taken are ignored. Those CD's maturing after the last individual month shown in the current survey (i.e. CD's with the longest maturity) are added to those CD's maturing in the last individual month shown on that survey in order to derive an outstanding quantity for a time period com- parable' to the longest maturity CD's shown on the previous survey. The procedure used produces gross sales of CD's between survey dates maturing in each of the eleven full months after the currect survey, • ""•//. • • and combines sales of CD's maturing in twelve or more months. 9X9 also lost by thettiethoddescribed above. Some sales Sales of CD's between the survey d#fcee" that mature in the remaining days of the calendar month of the * current survey are ignored. However, since the minimum maturity for titwe deposits under current regulations is 30 days, the time period between monthly survey dates (28 to 34 days) suggests that very few sales are lost from the series as derived in this manner. Total derived sales will differ from the change in total outstandings between survey dates by (1) the amount of CD's that have matured between surveys and (2) the amount, if any, of sales between survey dates that mature in the remaining days of the calendar month in which the ct&rment survey is taken. TECHNICAL NOTE B CALCULATION OF AVERAGE MATURITIES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT OUTSTANDINGS Average maturities of outstanding negotiable time certificates of deposit are calculated on a weighted .average basis. All CD's are assumed to mature in the middle of the month and those CD's maturing in the survey month--after the survey date--are assumed to mature in the middle of the period between the .survey date and the end of the calendar month in which the survey is taken. The weights are the quantity of CD's maturing in each month or fraction thereof as a proportion of total CD's outstanding and the starting date for calculations is the survey date. A downward bias in the calculated average maturity develops from the fact that all CD's maturing in more than twelve months after the survey date are lumped together. All of these CD's are assumed to mature in the middle of the twelfth full month after the survey date, regardless of the actual, but unknown, maturity of the CD's maturing in more than twelve full months. SALES Average maturity of negotiable time certificates of deposit sold between survey dates are calculated in exactly the same way. That is, they pre weighted averages calculated from the survey date with the assumption made that all CD's mature* in the middle of the month. Any CD's sold between survey dates and maturing in the period between the current survey date and the end of the calendar month in which the current survey was taken (a maximum of 6 days) are ignored. Technical Note B (continued) This procedure assumes all CD's sold between survey dates were issued on the most recent survey date. While it appears more logical to assume that all CD's were sold at the mid-point between the two surveys, such an assumption would tend to reduce compatibility between average maturities of outstandings and of sales as a result of using two different starting dates for the calculations. If the assumption is made that all CD's are sold at the mid-point between surveys, the average maturity of sales would be lengthened relative to the average maturity of outstandings, by, in effect, using an earlier starting date for sales than for outstandings. Sales of CD's maturing in a particular month are often a large and highly variable proportion of total sales while changes in outstandings due in any particular month are a small and rather stable proportion of the level of total outstandings. As a result, the average maturity of sales is much more sensitive to month-to-month variation in the maturity structure of sales than is the case with the outstandings series. Thus, large changes in the calculated average maturity of sales, or situations in which the average maturity of sales differ sharply from the average maturity of outstandings. should be interpreted with care and references should be made to actual dollar sales by month. Formulas for 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.
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