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II
L.4.1(731)
NOT FOR PUBLICATION
F
m
SURVEY OF MATURITY STRUCTURE OF OUTSTANDING
LARGE DENOMINATION CERTIFICATES OF DEPOSITS
AT LARGE COMMERCIAL BANKS
BANKING SECTION
DIVISION OF RESEARCH AND STATISTICS
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
AS OF
JANUARY 29, 1986
V
V-.
0
a
-n
a>
CD
%
9
L
;j
,=5 crl',
3
^ -S
HI
III
MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERICAL BANKS
AS OF JANUARY 29, 1986
1
CD'S MATURING IN
1986
JANUARY
30-31
OUTSTANDING
AMOUNT
(IN MILLIONS)
GROSS SALES (ESTIMATED)
PERCENTAGE
AMOUNT
(IN MILLIONS)
PERCENTAGE
2,311.9
4.6
14,427.5
28.5
9,436.6
53.6
MARCH
7,626.7
15.1
3,182.0
18.1
APRIL
4,494.2
8.9
2,159.7
12.3
MAY
2,467.2
4.9
587.3
3.3
JUNE
2,674.4
5.3
373.5
2.1
JULY
2,158.4
4.3
AUGUST-JANUARY
(7-12 MONTHS)
4,996.8
9.9
1,880.1
10.7
OVER 12 MONTHS
9,492.1
18.7
50,649.1
100.0
17,619.2
100.0
FEBRUARY
TOTAL
AVERAGE MATURITIES
(IN MONTHS)
4.5
NUMBER OF BANKS
REPORTING
39
"0TE'
DOMESTIC AI!ct"0F E «5 E 6!?LI0H T 0! S S R E ^ O F
" " " "
0 6 1,01,6 I S S U E I >
»V
,ANKS H,T
"
*
HI
TABLE 1
MATURITY DISTRIBUTION OF OUTSTANDINGS AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
FLL LARGE COMMERCIAL BANKS
AS OF JANUARY 29, 1986
(AMOUNTS IN MILLIONS OF DOLLARS)
OUTSTANDINGS
CD' MATURING IN
TOTAL
1986
JANUARY
30-31
FEBRUARY
SALES (ESTIMATED)
I
OUTSIDE
I
NEW YORK CITY | NEW YORK CITY |
2,311.9
774.4
1,537.5
TOTAL
I NEW YORK CITY
OUTSIDE
NEW YORK CITY
14,427.5
3,126.2
11,301.3
MARCH
9.436.6
1,575.9
7,626.7
7,860.6
2,666.0
4,960.7
APRIL
3,182.0
1,266.5
4,494.2
1,915.5
1,693.1
2,801.1
MAY
2.159.7
729.8
2,467.2
1,429.9
541.3
1,925.9
JUNE
587.3
249.4
2,674.4
337.9
743.0
1,931.4
JULY
373.5
2,158.4
73.1
300.4
660.3
1,498.1
AUGUST-JANUARY
(7-12 MONTHS)
4,996.8
1,306.4
3,690.4
1,880.1
516.5
1,363.6
OVER 12 MONTHS
9,492.1
2,325.6
7,166.4
50,649.1
13,836.3
36,812.8
17,619.2
4,411.2
13,208.0
TOTAL
AVERAGE MATURITIES
(IN MONTHS)
NUMBER OF BANKS
REPORTING
NOTE:
4.5
4.4
4.6
39
9
30
DOMESTIC ASSETS A 0F%5 E BILLI0N T 0R M O R E ^ f o F DECEMBER I 3l! I 1982° F
5FTfiiESCALlHMNTHTOFEfHE
M T E S
$100
T H
'000
0R M 0 R E
ISSUED BY BANKS WITH
« " " U R E IN THE
REMAINING DAYS
TABLE 2
MATURITY DISTRIBUTION OF OUTSTANDINGS AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF JANUARY 29, 1986
(PERCENTAGE DISTRIBUTION)
OUTSTANDINGS
CD' MATURING IN
1986
JANUARY
TOTAL
30-31
NEW YORK CITY
SALES (ESTIMATED)
OUTSIDE
NEW YORK CITY
TOTAL
|
OUTSIDE
|
NEW YORK CITY |
1 NEW YORK CITY
1
4.6
5.6
4.2
FEBRUARY
28.5
22.6
30.7
53.6
35.7
59.5
MARCH
15.1
19.3
13.5
18.1
28.7
14.5
APRIL
8.9
12.2
7.6
12.3
16.5
10.8
MAY
4.9
3.9
5.2
3.3
5.7
2.6
JUNE
5.3
5.4
5.3
2.1
1.7
2.3
JULY
4.3
4.8
4.1
AUGUST-JANUARY
(7-12 MONTHS)
9.9
9.4
10.0
10.7
11.7
10.3
OVER 12 MONTHS
18.7
16.8
19.5
100.0
100.0
100.0
100.0
100.0
100.0
TOTAL
•™ T E '
DOMESTIC !1SETS A SFM E 5ILLIO!1 T |I S S R ^ A S Y F K
m
™
dites th,t m t v r e
"""
, Y ,,NllS H , T
,n the rebaikiko
"
°«s
*
Ill
TABLE 3
MATURITY DISTRIBUTION OF OUTSTANDINGS AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF JANUARY 29, 1986
(AMOUNTS IN MILLIONS OF DOLLARS)
I
OUTSTANDINGS
CD'S MATURING IN
1986
JANUARY
1
30-31
TOTAL
1 CD FUTURES
1 CONTRACT BANKS |
OTHER
j
SALES (ESTIMATED)
1 CD FUTURES
1 CONTRACT BANKS |
TOTAL
OTHER
2,311.9
975.4
1,336.6
14,427.5
4,332.8
10,094.8
9,436.6
MARCH
2,769.8
6,666.8
7,626.7
3,330.6
4,296.1
3,182.0
APRIL
1,364.3
4,494.2
1,817.7
1,707.7
2,786.4
2,159.7
MAY
683.0
2,467.2
1,476.7
769.8
1,697.4
587.3
JUNE
125.7
2,674.4
461.7
953.9
1,720.5
373.5
JULY
139.2
2,158.4
234.3
1,119.1
1,039.3
AUGUST-JANUARY
(7-12 MONTHS)
4,996.8
2,444.6
2,552.2
1,880.1
948.7
931.4
OVER 12 MONTHS
9,492.1
4,909.4
4,582.6
50,649.1
20,543.3
30,105.8
17,619.2
6,030.6
11,588.6
FEBRUARY
TOTAL
AVERAGE MATURITIES
(IN MONTHS)
NUMBER OF BANKS
REPORTING
N0TE
'
{SmestII
4.5
|
|
"
AIIS"oFE.IEK;R$RA
5.3
1
'
4.0
30
I
M MORE ,SSUE
S O R E ' K
!rfHESCAl!NDARU!i0NTHT0FEfhE
%R%R%URPOSEro"Fl5fuM"TRAK
|
""""
" " " " C °" S
ARE
°»
»«>*
THE
CONSIDERED AS PART OF THE DELIVERABLE CD
Ill
TABLE 4
MATURITY DISTRIBUTION OF OUTSTANDINGS AND SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT
AT LARGE COMMERCIAL BANKS
AS OF JANUARY 29, 1986
(PERCENTAGE DISTRIBUTION)
OUTSTANDINGS
, CD'S MATURING IN
1986
JANUARY
TOTAL
30-31
SALES (ESTIMATED)
CD FUTURES
CONTRACT BANKS
OTHER
CD FUTURES
CONTRACT BANKS
TOTAL
OTHER
4.6
4.8
4.4
FEBRUARY
28.5
21.1
33.5
53.6
45.9
MARCH
57.5
15.1
16.2
14.3
18.1
22.6
APRIL
15.7
8.9
8.3
9.3
12.3
11.3
MAY
12.7
4.9
3.8
5.6
3.3
2.1
JUNE
4.0
5.3
4.6
5.7
2.1
2.3
JULY
2.0
4.3
5.5
3.5
AUGUST-JANUARY
(7-12 MONTHS)
9.9
11.9
8.5
10.7
15.7
8.0
OVER 12 MONTHS
18.7
23.9
15.2
100.0
100.0
100.0
100.0
100.0
100.0
TOTAL
DOMESTIC A!?"S A SF E S5 E BIU!ON T OI S O R ^ A ? " ? D K E M K R ' n l T L ^
,100
m t e s
that
SU?PL"FM%UR"OSE"OF A FUTURE N TRASING" O S E " H 0 S E
CD
"S
ARE
-000
0R
"#ture
™
R E
IS5UE
ik t h e
" "
»«"KS WITH
« «
CONSIDERED AS PART OF THE DELIVERABLE CD
Ill
TABLE 5
MATURITY DISTRIBUTION cOHMERCIAL^BANKsf^BY^FEDERAL^RESERVE^DISTRICT OF DEPOSIT
AS OF JANUARY 29, 1986
(AMOUNTS IN MILLIONS OF DOLLARS)
ALL
DISTRICTS
CD'S MATURING IN
1986
JANUARY
30-31
BOSTON
NEW
YORK
PHILADELPHIA
CLEVELAND
RICHMOND
ATLANTA CHICAGO
ST.
LOUIS
MINNEAPOLIS
KANSAS
CITY
DALLAS
SAN
FRANCISCO
2, 312
68
774
5
227
78
19
537
0
0
14, 428
0
349
313
3 ,126
289
46
1,324
679
MARCH
124
3,811
0
7,627
0
0
97
2 ,402
2 ,666
2 ,567
22
452
438
68
APRIL
1,205
0
4,494
0
0
54
1 ,693
1 ,070
1,,610
6
394
204
MAY
61
480
0
2,467
0
0
7
541
701
900
1
237
287
JUNE
14
254
0
2,674
0
0
6
538
743
589
26
259
157
JULY
20
621
0
2, 158
0
0
4
660
362
481
7
178
185
28
AUGUST-JANUARY
(7-12 MONTHS)
290
0
4,997
0
0
18
1, 306
182
624
24
416
149
43
461
0
0
0
849
1,730
OVER 12 MONTHS
9,492
33
2,326
207
1,121
325
205
799
50,649
0
0
637
0
13,836
1, 073
344
3,403
4,608
2,501
582
8,459
0
0
7,489
12,193
FEBRUARY
TOTAL
AVERAGE MATURITIES
(IN MONTHS)
4.5
NUMBER OF BANKS
REPORTING
39
M0TE
'
DWESTIC
1
1.8
4.4
8.9
5.1
3.9
6.2
2.9
4.1
5.9
1
9
1
4
4
2
5
4
9
AIIETSA0FME5;{L"0HT0R
TORE'MOF
5?CEH!?RI""I;SI2OF
06
" 0 R E ISSUED BY BANKS WITH
TABLE 6
MATURITY DISTRIBUTION g S „ S U E J l I S r ^ K ^ ° S J 1 A F k S I ^ L T S v T { ^ f 8 ; P "
AS OF JANUARY 29, 1986
(PERCENTAGE DISTRIBUTION)
CD'S MATURING IN
ALL
DIST. RICTS
BOSTON
NEW
YORK
PHILADELPHIA
CLEVELAND
RICHMOND
ATLANTA CHICAGO
ST.
LOUIS
MINNEAPOLIS
KANSAS
CITY
DALLAS
SAN
FRANCISCO
4.9
3.1
3.3
6.4
.0
.0
.0
4.2
13.4
2.4
28.7
27.2
21.4
45.1
.0
.0
19.3
.0
32.1
6.4
9.8
21.1
17.5
11.6
14.3
.0
.0
8.5
.0
12.2
14.3
1.7
13.2
8.6
8.2
10.5
5.7
.0
4.9
.0
1.2
3.9
.0
9.4
.2
5.1
7.4
11.5
JUNE
2.4
3.0
.0
5.3
.0
.9
5.4
.0
7.5
7.2
4.8
5.6
6.3
JULY
3.5
7.3
.0
4.3
.0
.7
4.8
.0
4.8
3.9
3.9
7.4
AUGUST-JANUARY
17-12 MONTHS)
4.8
3.4
.0
9.9
.0
2.9
.0
9.4
1.9
7
/ .I1
2.4
9.0
5.1
5.9
7.3
5.5
.0
.0
.0
11.3
14.2
OVER 12 MONTHS
18.7
5.2
16.8
60.4
24.3
13.0
35.2
9.5
100.0
.0
100.0
.0
100.0
.0
100.0
14.3
100.0
27.9
100.0
100.0
100.0 |
.0
.0
.0
100.0
100.0
FEBRUARY
28.5
54.8
22.6
MARCH
15.1
15.2
APRIL
8.9
MAY
TOTAL
N0TE
'
MMESTIC ASSETS*OFE#I^BILLIOHTOR S S R E E " S O F SECEMSER'S^'IJIZ 0 ' , 1 0 0 ' 0 0 0
06 M0RE
ISSUEB 6Y
»»"KS HITH
ill
TABLE 7
SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS MONTH
AT LARGE COMMERCIAL BANKS, BY FEDERAL RESERVE DISTRICT
AS OF JANUARY 29, 1986
(AMOUNTS IN MILLIONS OF DOLLARS)
CD'S MATURING IN
ALL
DISTRICTS
BOSTON! NEW
| YORK
PHILADELPHIA
CLEVELAND
RICHMOND
ATLANTA CHICAGO
ST.
LOUIS
MINNEAPOLIS
KANSAS
CITY
DALLAS
SAN
FRANCISCO
FEBRUARY
9,437
276
1,576
32
1,068
264
79
2,764
0
0
0
1,746
1,631
MARCH
3,182
56
1,266
14
330
100
30
430
0
0
0
361
595
APRIL
2,160
47
730
4
177
81
39
250
0
0
0
319
513
MAY
587
4
249
0
29
181
5
47
0
0
0
19
54
JUNE
374
1
73
1
17
72
8
108
0
0
0
23
71
AFTER JUNE
1,880
7
516
9
192
172
34
288
0
0
0
211
451
TOTAL
17,619
391
4,411
60
1,811
870
195
3,887
0
0
0
2,679
3,315
NOTE:
INCLUDES NEGOTIABLE CERTIFICATES OF DEPOSIT IN DENOMINATIONS OF $100,000 OR MORE ISSUED BY BANKS WITH
DOMESTIC ASSETS OF $5 BILLION OR MORE AS OF DECEMBER 31, 1982.
J ™ £ 5 S T ™ '
SALES OF CD B S BETWEEN SURVEY DATES THAT MATURE IN THE REMAINING DAYS
OF THE CALENDAR MONTH OF THE CURRENT SURVEY ARE IGNORED.
TABLE 8
SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS MONTH
AT LARGE COMMERCIAL BANKS, BY FEDERAL RESERVE DISTRICT
AS OF JANUARY 29, 1986
(PERCENTAGE DISTRIBUTION)
ALL
DISTRICTS
BOSTON
FEBRUARY
53.6
70.6
35.7
53.7
58.9
30.3
40.8
71.1
.0
.0
.0
65.2
49.2
MARCH
18.1
14.3
28.7
23.1
18.2
11.4
15.5
11.1
.0
.0
.0
13.5
18.0
APRIL
12.3
11.9
16.5
7.2
9.7
9.4
20.1
6.4
.0
.0
.0
11.9
15.5
MAY
3.3
.9
5.7
.1
1.6
20.9
2.3
1.2
.0
.0
.0
.7
1.6
JUNE
2.1
.4
1.7
.9
.9
8.2
4.0
2.8
.0
.0
.0
.9
2.1
10.7
1.9
11.7
15.0
10.6
19.8
17.3
7.4
.0
.0
.0
7.9
13.6
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
.0
.0
.0
100.0
100.0
CB'S MATURING IN
AFTER JUNE
TOTAL
N0TE
'
NEW
YORK
PHILADELPHIA
CLEVELAND
RICHMOND
ATLANTA CHICAGO
MHESrlo AlsETi A SF E »5 E 5"lioN T ol
S5KII H ¥ F S 8?C|y B ISRF^N^LS EY M T E S
°R
ST.
LOUIS
M0RE
MINNEAPOLIS
I5SUEB
"
B
KANSAS
CITY
«'« S
TH,T M 1 T V R E I K THE RE 6INIITOMYS
"
DALLAS
SAN
FRANCISCO
@FedFRASER