h6_19810227.pdf

FEDERAL RESERVE statistical release

H.6 (508)

Table 1

MONEY STOCK MEASURES AND LIQUID ASSETS

For Immediate Release

F E B . 2 7 , 1 9 8 1

M1-A M1-B Addenda: M2 M3 L M1-B plus

overnight RPs M2 plus large M1 A plus Overnight RPs and Eurodollars, time deposits

Currency other checkable at commercial Money market MMMF shares, and and term RPs at M3 plus other Date plus demand deposits at banks banks plus mutual fund savings and small commercial banks liquid assets

deposits1 and thrift overnight shares time deposits at and thrift institutions? Eurodollars 3 commercial banks institutions^

and thrift NSA NSA institutions^

1 9 8 0 - J A N . 3 7 0 . 6 3 8 8 . 3 2 7 . 0 4 9 . 1 1 5 3 4 . 7 1 7 8 6 . 6 2 1 6 6 . 0 F E B . 3 7 3 . 5 3 9 1 . 4 2 8 . 3 5 6 . 7 1 5 4 7 . 6 1 8 0 5 . 4 2 1 8 8 . 5 MAR. 3 7 2 . 9 3 9 1 . 4 2 6 . 3 6 0 . 9 1 5 5 4 . 6 1 8 1 3 . 0 2 2 0 3 . 8

A P R . 3 6 6 . 7 3 8 6 . 3 2 2 . 1 6 0 . 4 1 5 5 0 . 4 1 8 1 1 . 9 2 2 1 3 . 3 MAY 3 6 7 . 1 3 8 6 . 1 2 3 . 3 6 6 . 8 1 5 6 3 . 7 1 8 2 5 . 7 2 2 2 9 . 8 JUNE 3 7 0 . 9 3 9 1 . 3 2 4 . 6 7 4 . 2 1 5 8 7 . 6 1 8 4 6 . 2 2 2 4 2 . 7

JULY 3 7 3 . 5 3 9 5 . 5 2 9 . 1 8 0 . 6 1 6 1 2 . 5 1 8 6 7 . 7 2 2 5 8 . 2 AUG. 3 7 9 . 5 4 0 2 . 7 3 1 . 6 8 0 . 7 1 6 3 2 . 5 1 8 8 9 . 5 2 2 8 2 . 7 S E P T . 3 8 3 . 4 4 0 8 . 0 3 3 . 0 7 8 . 2 1 6 4 4 . 4 1 9 0 4 . 6 2 3 0 6 . 5

o c a . P 3 8 6 . 3 4 1 2 . 0 3 2 . 5 7 7 . 4 1 6 5 6 . 5 1 9 2 1 . 8 2 3 1 9 . 1 NOV. P 3 8 8 . 4 4 1 5 . 0 3 2 . 6 7 7 . 0 1 6 7 0 . 8 1 9 4 6 . 1 2 3 4 6 . 5 DEC. P 3 8 4 . 8 4 1 1 . 9 3 2 . 1 7 5 . 8 1 6 7 3 . 4 1 9 5 7 . 9

1 9 8 1 - J A N . P 3 7 2 . 8 4 1 6 . 1 3 3 . 0 8 0 . 7 1 6 8 1 . 9 1 9 7 8 . 4

WEEK E N D I N G ;

1 9 8 1 - J A N . 7 P 3 8 2 . 5 4 1 9 . 1 3 1 . 2 7 6 . 0 14 P 3 7 4 . 0 4 1 6 . 9 3 4 . 0 7 8 . 7 2 1 P 3 7 0 . 6 4 1 6 . 2 3 4 . 0 8 1 . 7

M 2 8 P 3 6 7 . 2 4 1 3 . 2 3 2 . 8 8 3 . 9

F E B . V, 4 P 3 6 7 . 0 4 1 5 . 1 3 2 . 6 8 6 . 9 11 P 3 6 6 . 0 4 1 6 . 5 3 0 . 4 8 9 . 8 18 P 3 6 7 . 0 4 1 8 . 5 3 1 . 4 9 2 . 2

1 / I N C L U D E S ( 1 ) DEMAND D E P O S I T S AT ALL COMMERCIAL BANKS OTHER THAN T] ROSE DUE TO D< DMEST1C BANKS , THE U . S . GOVERNMENT AND fOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F . R . FLCAT; AND ( 2 ) CURRENCY OUTSIDE THE TREASURY, F . R . BANKS AND THE VAULTS OF COMMERCIAL BANKS.

2 / M1-A PLUS NOW AND ATS ACCOUNTS AT BANKS AND THRIFT I N S T I T U T I O N S , CREDIT UNION SHARE DRAFT ACCOUNTS AND DEMAND D E P O S I T S AT MUTUAL SAVINGS BANKS.

3 / OVERNIGHT(AND CONTINUING CONTRACT) RPS ARE THOSE I S S U E D BY COMMERCIAL BANKS TO THE NONBANK P U B L I C , AND OVERNIGHT EURODOLLARS ARE THOSE I S S U E D BY CARIBBEAN BRANCHES OF MEMBER BANKS TO U . S . NONBANK CUSTOMERS.

4 / SMALL DENOMINATION TIME D E P O S I T S ARE THOSE I S S U E D I N AMOUNTS OF L E S S THAN $ 1 0 0 , 0 0 0 . M2 WILL DIFFER FROM THE SUM OF COMPONENTS PRESENTED I N SUBSEQUENT TABLES BY A CONSOLIDATION ADJUSTMENT THAT HAS BEEN MADE TO AVOID DOUBLE COUNTING OF THE P U B L I C ' S MONETARY A S S E T S . THE DIFFERENCE REPRESENTS THE AMOUNT OF DEMAND D E P O S I T S HELD BY THRIFT I N S T I T U T I O N S AT COMMERCIAL BANKS.

5 / LARGE DENOMINATION TIME D E P O S I T S ARE THOSE I S S U E D I N AMOUNTS OF $ 1 0 0 , 0 0 0 OR MORE AND ARE NET OF THE HOLD OF DOMESTIC BANKS, THRIFT I N S T I T U T I O N S , THE U . S . GOVERNMENT, MONEY MARKET MUTUAL FUNES AND FOREIGN BANKS O F F I C I A L I N S T I T U T I O N S . TERM RPS ARE NET OF RPS HELD BY MONEY MARKET MUTUAL FUNDS.

6 / OTHER L I Q U I D A S S E T S INCLUDE THE NONBANK P U B L I C ' S HOLDINGS OF U . S . SAVINGS BONDS, SHORT-TERM TREASURY S E C U R I T I E S , COMMERCIAL PAPER, BANKERS ACCEPTANCES AND TERM EURODOLLARS NET OF MONEY MARKET MUTUAL FUND HOLDINGS OF THESE A S S E T S .

NOTE: P I N D I C A T E S PRELIMINARY DATA. SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING WEEK-TO-WEEK CHANGES I N MONEY SUPPLY DATA, WHICH ARE OFTEN HIGHLY VOLATILE AND SUBJECT TO R E V I S I O N I N SUBSEQUENT WEEKS AND MONTHS. PRELIMINARY DATA ARE SUBJECT TO WEEKLY R E V I S I O N S UNTIL THEY ARE F I N A L .

J

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.6 (508)

Table 1A MONEY STOCK MEASURES AND LIQUID ASSETS Billions of dollars, not seasonally adjusted MTA

Date Currency

plus demand deposits1

M1-B

M1-A plus other checkable

deposits at banks and thrift

institutions2

Addenda:

Overnight RPs at commercial

banks plus overnight

Eurodollars 3

Money market mutual fund

shares

M2 M1-B plus

overnight RPs and Eurodollars,

MMMF shares, and savings and small time deposits at

commercial banks and thrift

institutions^

M3

M2 plus large time deposits

and term RPs at commercial banks

and thrift institutions^

M3 plus other liquid assets

1980JAN. FEB. MAE.

APR. MAY JUNE

JULY AUG. S E P T .

OCT. P NOV. P DEC. P

1 9 8 1 - J A N . P

WEEK ENDING.;

1981JAN.

F E B .

7 P 14 P 21 P 2 8 P

4 P 11 P 18 P

3 7 5 . 4 3 6 5 . 3 3 6 6 . 1

3 7 0 . 0 3 6 1 . 5 3 6 9 . 7

3 7 5 . 5 3 7 7 . 3 3 8 2 . 6

3 8 8 . 0 3 9 1 . 1 3 9 4 . 7

3 7 7 . 3

3 9 9 . 1 3 8 3 . 9 3 7 4 . 0 3 6 0 . 3

3 6 2 . 2 3 6 1 . 3 3 6 0 . 3

3 9 3 . 0 3 8 3 . 2 3 8 4 . 6

3 8 9 . 6 3 8 0 . 5 3 9 0 . 2

3 9 7 . 5 4 0 0 . 5 4 0 7 . 2

4 1 3 . 7 4 1 7 . 7 4 2 1 . 8

4 2 0 . 7

4 3 5 . 7 4 2 6 . 8 4 1 9 . 6 4 0 6 . 3

4 1 0 . 3 4 1 1 . 8 4 1 1 . 8

2 7 - 0 2 8 . 3 2 6 . 3

22.1 2 3 . 3 2 4 . 6

2 9 . 1 3 1 . 6 3 3 . 0

3 2 . 5 3 2 . 6 3 2 . 1

3 3 . 0

3 1 , 2 3 4 . 0 3 4 . 0 3 2 . 8

3 2 . 6 3 0 . 4 3 1 . 4

4 9 . 1 5 6 . 7 6 0 . 9

6 0 . 4 66. 8 7 4 . 2

80.6 8 0 . 7 7 8 . 2

7 7 . 4 7 7 . 0 7 5 . 8

8 0 . 7

7 6 . 0 7 8 . 7 8 1 . 7 8 3 . 9

8 6 . 9 8 9 . 8 9 2 . 2

1 5 3 8 . 1 1 5 3 9 . 6 1 5 5 1 . 4

1 5 5 8 . 6 1 5 6 0 . 8 1 5 8 9 . 4

1618 .0 1 6 2 9 . 5 1 6 4 2 . 3

1 6 5 6 . 9 1 6 6 5 . 7 1 6 7 4 . 8

1 6 8 5 . 4

1 7 9 1 . 9 1 7 9 7 . 5 1 8 1 0 . 7

1818. 1 1 8 2 1 . 7 1 8 4 5 . 6

1 8 7 0 . 8 1886.6 1 9 0 2 . 3

19 2 3 . 1 1 9 4 2 . 1 1 9 6 2 . 8

1 9 8 3 . 8

2 1 7 2 . 6 2 1 8 5 . 9 2 2 0 4 . 5

2 2 2 1 . 3 2 2 2 4 . 1 2 2 4 1 . 0

2 2 5 9 . 6 2 2 7 8 . 6 2 2 9 6 . 2

2 3 1 8 . 0 2 3 4 4 . 7

_L NOTE: SEE TABLE 1 FOB FOOTNOTES.


H.6 (508)

Table 2 MONEY STOCK MEASURES AND LIQUID ASSETS Percent change at seasonally adjusted annual raies

M1-A M1-B M2 M3

Date Currency plus demand

deposits 1

M1-A plus other checkable

deposits at banks and thrift

institutions2

M1-B plus overnight RPs

and Eurodollars, MMMF shares, and savings and small time deposits at

commercial banks and thrift

institutions^

M2 plus large time deposits

and term RPs at commercial banks

and thrift institutions^

J A N . FROM:

OCT. 1 9 8 0 ( 3 MONTHS PREVIOUS)

JULY 1 9 8 0 ( 6 MONTHS PREVIOUS)

JAN. 1 9 8 0 ( 1 2 MONTHS PREVIOUS)

- 1 4 . 0

- 0 . 4

0 . 6

4 . 0

1 0 . 4

7 . 2

6 . 1

8 . 6

9 . 6

1 1 . 8

1 1 . 9

1 0 . 7

FOUR SEEKS ENDING: F E B . 1 8 , 1 9 8 1 FROM FOUR WEEKS ENDING:

NOV. 1 9 , 1 9 8 0 ( 1 3 WEEKS PREVIOUS) - 2 2 . 1 1 . 3

AUG. 2 0 , 1 9 8 0 ( 2 6 WEEKS PREVIOUS) 6 . 0 7 . 4

F E B . 2 0 , 1 9 8 0 ( 5 2 WEEKS PREVIOUS) - 1 . 7

-

6 . 4

.....

NOTE: SEE TABLE 1 FOB FOOTNOTES.


H.6 (508) 4

Table 3

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS Billions of dollars, seasonally adjusted unless otherwise noted

Other Overnight Overnight Money Savings deposits Small denomination t ime deposi ts 7 Demand checkable RPs Euro- market at at at at

Date Currency1 deposits 2 deposits 3 (net) 4 d o l l a r s mutual commercial thrift total commercial thrift total funds 6 banks institutions banks institutions

NSA NSA NSA NSA

1 9 8 0 - J A N . 1 0 7 . 3 2 6 3 . 3 1 7 . 7 2 3 . 0 4 . 1 4 9 . 1 1 9 2 . 0 2 2 0 . 4 4 1 2 . 4 2 4 6 . 0 4 1 4 . 9 6 6 0 . 9

F E B . 1 0 8 . 1 2 6 5 . 4 1 7 . 9 2 4 . 2 4 . 1 5 6 . 7 1 8 8 . 4 2 1 5 . 7 4 0 4 . 0 2 5 1 . 3 4 1 8 . 8 6 7 0 . 2

MAR. 1 0 8 . 9 2 6 4 . 0 1 8 . 4 2 2 . 7 3 . 6 6 0 . 9 1 8 2 . 7 2 1 0 . 6 3 9 3 . 3 2 6 0 . 2 4 2 5 . 4 6 8 5 . 7

A P R . 1 0 9 . 0 2 5 7 . 7 1 9 . 5 1 9 . 4 2 . 7 6 0 . 4 1 7 6 . 3 2 0 3 . 1 3 7 9 . 4 2 7 1 . 5 4 3 3 . 8 7 0 5 . 3

MAY 1 1 0 . 2 2 5 6 . 9 1 9 . 0 2 0 . 5 2 . 8 6 6 . 8 1 7 5 . 6 1 9 9 . 6 3 7 5 . 2 2 7 4 . 7 4 4 0 . 6 7 1 5 . 3 JUNE 1 1 1 . 0 2 5 9 . 9 2 0 . 4 2 1 . 7 2 . 9 7 4 . 2 1 8 0 . 6 2 0 4 . 0 3 8 4 . 6 2 7 4 . 0 4 4 1 . 8 7 1 5 . 8

JULY 1 1 2 . 1 2 6 1 . 4 2 2 . 0 2 5 . 5 3 . 6 8 0 . 6 1 8 6 . 5 2 1 1 . 5 3 9 8 . 0 2 7 3 . 3 4 3 9 . 1 7 1 2 . 4

AUG. 1 1 3 . 5 2 6 6 . 0 2 3 . 2 2 7 . 9 3 . 7 8 0 . 7 1 9 0 . 6 2 1 7 . 5 4 0 8 . 1 2 7 3 . 5 4 3 9 . 1 7 1 2 . 6

S E P T . 1 1 3 . 9 2 6 9 . 5 2 4 * 6 2 9 . 2 3 . 7 7 8 . 2 1 9 2 . 0 2 2 0 . 1 4 1 2 . 1 2 7 5 . 0 4 4 1 . 4 7 1 6 . 4

OCT. P 1 1 5 . 1 2 7 1 . 2 2 5 . 7 2 8 . 1 4 . 4 7 7 . 4 1 9 3 . 6 2 2 0 . 6 4 1 4 . 2 2 7 7 . 6 4 4 6 . 1 7 2 3 . 6

NCV. P 1 1 5 . 8 2 7 2 . 6 2 6 . 6 2 7 . 9 4 . 7 7 7 . 0 1 9 2 . 2 2 1 5 . 6 4 0 7 . 9 2 8 4 . 9 4 5 6 . 7 7 4 1 . 6

DEC. P 1 1 6 . 4 2 6 8 . 4 2 7 . 1 2 7 . 6 4 . 6 7 5 . 8 1 8 5 . 8 2 0 7 . 8 3 9 3 . 6 2 9 4 . 3 4 6 8 . 9 7 6 3 . 2

1 9 8 1 - J A N . P 1 1 6 . 6 2 5 6 . 2 4 3 . 3 2 7 . 8 5 . 1 8 0 . 7 1 7 7 . 3 2 0 0 . 2 3 7 7 . 5 3 0 3 . 2 4 7 4 . 7 7 7 7 . 8

WEEK E N D I N G :

1 9 8 1 - J A N . 7 P 1 1 6 . 6 2 6 5 . 8 3 6 . 6 2 5 . 9 5 . 2 7 b . 0 1 8 0 . 3 2 9 9 . 8 14 P 1 1 6 . 5 2 5 7 . 5 4 2 . 9 2 9 . 1 5 . 0 7 8 . 7 1 7 8 . 4 3 0 2 . 9 2 1 P 1 1 6 . 6 2 5 4 . 0 4 5 . 6 2 8 . 9 5 . 1 8 1 . 7 1 7 6 . 6 3 0 4 . 3 2 8 P 1 1 6 . 7 2 5 0 . 6 4 6 . 0 2 7 . 6 5 . 2 8 3 . 9 1 7 5 . 2 3 0 4 . 7

F E B . 4 P 1 1 6 . 8 2 5 0 . 1 4 8 . 1 2 7 . 4 5 . 2 8 6 . 9 1 7 4 . 2 3 0 6 . 3 11 P 1 1 6 . 9 2 4 9 . 1 5 0 . 5 2 5 . 8 4 . 6 8 9 . 8 1 7 3 . 7 3 0 7 . 4 1 8 P 1 1 7 . 5 2 4 9 . 5 5 1 . 5 2 6 . 3 5 . 2 9 2 . 2 1 7 3 . 2 3 0 7 . 1

1 / CURRENCY O U T S I D E THE U . S . T R E A S U R Y , F . R . BANKS AND VAULTS OF COMMERCIAL B A N K S . 2 / DEMAND D E P O S I T S AT COMMERCIAL BANKS AND FOREIGN RELATED I N S T I T U T I O N S OTHER THAN THOSE DUE TO DOMESTIC B A N K S , THE U . S . GOVERNMENT

AND FOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S L E S S CASH ITEMS I N THE PROCESS OF COLLECTION AND F . R . FLOAT. 3 / I N C L U D E S ATS AND NOW BALANCES AT ALL I N S T I T U T I O N S , CREDIT UNION SHARE DRAFT BALANCES AND DEMAND D E P O S I T S AT MUTUAL SAVINGS

B A N K S . 4 / I N C L U D E S OVERNIGHT AND CONTINUING CONTRACT R P S I S S U E D TO THE NONBANK P U B L I C BY COMMERCIAL BANKS, NET OF AMOUNTS HELD BY MONEY

MARKET MUTUAL F U N D S . 5 / I S S U E D EY CARIBBEAN BRANCHES OF U . S . MEMBER BANKS TO U . S . NONBANK CUSTOMERS. 6 / TOTAL MCNEY MARKET MUTUAL FUND SHARES O U T S T A N D I N G . 7 / SMALL DENOMINATION TIME D E P O S I T S ARE THOSE I S S U E D I N AMOUNTS OF L E S S THAN $ 1 0 0 , 0 0 0 .


H.6 (508) 5

Table 3continued COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS Pllliuna ui wiiaia,

Date I arqe denomination time deposits1 Term RP$3 Term

Eurodollars (net)4 NSA

Savings bonds

Short-term Treasury securities^

Bankers acceptances

Commercial paper7

Pllliuna ui wiiaia,

Date at commercial banks?

at thrift institutions total

at commercial banks NSA

at thrift institutions

NSA total NSA

Term Eurodollars

(net)4 NSA

Savings bonds

Short-term Treasury securities^

Bankers acceptances

Commercial paper7

1 9 8 0 - J A N . 1 8 9 . 7 3 1 . 9 2 2 1 . 6 2 3 . 7 6 . 6 3 0 . 3 4 5 . 6 7 9 . 2 1 2 7 . 8 2 7 . 7 9 9 . 0 F E B . 1 9 3 . 9 3 3 . 5 2 2 7 . 4 2 3 . 7 6 . 6 3 0 . 3 4 9 . 5 7 8 . 1 1 2 9 . 3 2 6 . 9 9 9 . 3 MAR. 1 9 5 . 4 3 4 . 1 2 2 9 . 5 2 2 . 2 6 . 7 2 8 . 9 4 9 . 2 7 6 . 8 1 3 7 . 2 2 7 . 9 9 9 . 8

APR. 1 9 7 . 5 3 4 . 9 . 2 3 2 . 4 2 2 . 5 6 . 7 2 9 . 1 4 9 . 9 7 5 . 2 1 4 7 . 2 2 8 . 5 1 0 0 . 6 MAY 1 9 7 . 2 3 5 . 9 2 3 3 . 1 2 2 . 5 6 . 5 2 8 . 9 5 0 . 3 7 4 . 0 1 5 2 . 1 2 8 . 3 9 9 . 5 JUNE 1 9 2 . 7 3 5 . 9 2 2 8 . 6 2 3 . 5 6 . 5 3 0 . 0 4 8 . 9 7 3 . 3 1 4 8 . 7 2 9 . 1 9 6 . 5

JULY 1 8 7 . 8 3 6 . 2 2 2 4 . 0 2 4 . 7 6 . 5 3 1 . 1 4 8 . 4 7 2 . 8 1 4 4 . 7 2 8 . 9 9 5 . 8 AUG. 1 8 6 . 6 3 6 . 7 2 2 3 . 3 2 7 . 3 6 . 5 3 3 . 8 4 8 . 4 7 2 . 6 1 4 7 . 2 2 8 . 5 9 6 . 6 S E P T . 1 8 9 . 0 3 7 . 8 2 2 6 . 8 2 6 . 4 7 . 0 3 3 . 5 4 5 . 2 7 3 . 2 1 5 4 . 8 3 0 . 0 9 8 . 7

OCT. P 1 9 0 . 4 3 9 , 4 2 2 9 . 8 2 8 . 0 7 . 5 3 5 . 5 4 3 . 6 7 4 . 6 1 4 9 . 1 3 1 . 0 9 9 . 0 NOV. P 1 9 7 . 5 4 1 . 3 2 3 8 * 8 2 8 . 9 7 . 5 3 6 . 5 4 6 . 1 7 2 . 9 1 4 9 . 7 3 2 . 5 9 9 . 2 DEC. P 2 0 4 . 7 4 3 . 3 2 4 8 . 0 2 8 . 9 7 . 6 3 6 . 5

1 9 8 1 - J A N . P 2 1 3 . 3 4 4 . 6 2 5 7 . 9 3 1 . 1 7 . 5 3 8 . 6

WEEK ENDING:

1 9 8 1 - J A N . 7 P 2 1 2 . 5 3 0 . 7

1 4 P 2 1 4 . 0 2 9 . 2 2 1 P 2 1 3 . 4 3 1 . 3 2 8 P 2 1 6 . 6 3 2 . 7

FEB. 4 P 2 1 8 . 6 3 1 . 7 11 P 2 1 8 . 5 3 1 . 8 18 P 2 1 7 . 1 3 0 . 9

V 2 / 3 / 4 /

5 /

6 /

7 /

LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT I N S T I T U T I O N S . TERM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY AND EXCLUDE CONTINUING CONTRACTS. TERM EUBODCLLARS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY NET OF TERM EURODOLLARS HELD BY MONEY MARKET MUTUAL F U N D S . INCLUDES U . S . TREASURY B I L L S A!*D COUPONS WITH REMAINING MATURITY OF LESS THAN 1 8 MONTHS HELD BY THE NONBANK PUBLIC LESS SUCH S E C U R I T I E S HELD BY MONEY MARKET MUTUAL FUNDS. NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F . R . BANKS, FOREIGN O F F I C I A L I N S T I T U T I O N S , THE FEDERAL HOME LOAN BANK SYSTEM, AND MONEY MARKET MUTUAL FUNDS. TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.


H.6 (508) 6 Table 3A

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS

Date Currency 1

Demand deposits Other checkable deposits

Overnight RPs (net) 7

Overnight Eurodollars^

Money market mutual funds@

Date Currency 1 at member banks2

at domestic nonmember

banks3

at foreign-related banking off ices

in the U.S . 4

total at

commercial banks5

at thrift institutions 6 total

Overnight RPs (net) 7

Overnight Eurodollars^

Money market mutual funds@

1 9 8 0 J A N . 1 0 6 . 6 1 7 3 . 9 8 8 . 9 6 . 0 2 6 8 . 8 1 3 . 4 4 . 3 1 7 . 7 2 3 . 0 4 . 1 4 9 . 1 F E B . 1 0 6 . 8 1 6 5 . 4 8 6 . 6 6 . 5 2 5 8 . 5 1 3 . 6 4 . 3 1 7 . 9 2 4 . 2 4 . 1 5 6 . 7 MAR. 1 0 7 . 9 1 6 4 . 9 8 6 . 5 6 . 7 2 5 8 . 2 1 3 . 9 4 . 6 1 8 . 4 2 2 . 7 3 . 6 6 0 . 9

APR. 1 0 8 . 7 1 6 8 . 6 8 7 . 0 5 . 7 2 6 1 . 3 1 4 . 8 4 . 8 1 9 . 5 1 9 . 4 2 . 7 6 0 . 4 MAY 1 0 9 . 9 1 6 1 . 3 8 4 . 3 5 . 9 2 5 1 . 5 1 4 . 2 4 . 8 1 9 . 0 2 0 . 5 2 . 8 6 6 . 8 JUNE 1 1 1 . 2 1 6 6 . 1 8 6 . 2 6 . 3 2 5 8 . 6 1 5 . 5 4 . 9 2 0 . 4 2 1 . 7 2 . 9 7 4 . 2

JULY 1 1 2 . 7 1 6 7 . 9 8 7 . 9 6 . 9 2 6 2 . 7 1 6 . 9 5 . 1 2 2 . 0 2 5 . 5 3 . 6 8 0 . 6 AUG. 1 1 3 . 7 1 6 9 . 2 8 8 . 3 6 . 1 2 6 3 . 6 1 8 . 0 5 . 2 2 3 . 2 2 7 . 9 3 . 7 8 0 . 7 SEPT. 1 1 3 . 7 1 7 3 . 1 8 9 . 9 5 . 9 2 6 8 . 9 1 8 . 9 5 . 6 2 4 . 6 2 9 . 2 3 . 7 7 8 . 2

CCS. P 1 1 4 . 9 1 7 5 . 7 9 1 . 5 5 . 9 2 7 3 . 1 1 9 . 8 5 . 9 2 5 . 7 2 8 . 1 4 . 4 7 7 . 4 NOV. P 1 1 6 . 6 1 7 5 . 7 9 2 . 7 6 . 1 2 7 4 . 5 2 0 . 6 6 . 0 2 6 . 6 2 7 . 9 4 . 7 7 7 . 0 DEC. P 1 1 8 . 5 1 7 7 . 2 9 2 . 7 6 . 2 2 7 6 . 2 2 1 . 0 6 . 1 2 7 - 1 2 7 . 6 4 . 6 7 5 . 8

19 8 1 - J A N . P 1 1 5 . 8 1 6 6 . 1 8 9 . 6 5 . 9 2 6 1 . 5 3 4 . 7 8 . 6 4 3 . 3 2 7 . 8 5 . 1 8 0 . 7

WEEK ENDING:

1 9 8 1 - JAN. 7 P 1 1 7 . 6 1 8 1 . 2 9 4 . 2 6 . 1 2 8 1 . 5 2 8 . 7 7 . 9 3 6 . 6 2 5 . 9 5 . 2 7 6 . 0 14 P 1 1 6 . 4 1 7 1 . 2 9 0 . 2 6 . 2 2 6 7 . 6 3 4 . 5 8 . 5 4 2 . 9 2 9 . 1 5 . 0 7 8 . 7 2 1 P 1 1 5 . 4 1 6 2 . 8 9 0 . 1 5 . 8 2 5 8 . 6 3 6 . 8 8 . 8 4 5 . 6 2 8 . 9 5 . 1 8 1 . 7 2 8 P 1 1 4 . 2 1 5 5 . 1 8 5 . 3 5 . 7 2 4 6 . 1 3 7 . 1 8 . 9 4 6 . 0 2 7 . 6 5 . 2 8 3 . 9

F E B . 4 P 1 1 5 . 1 1 5 5 . 7 8 6 . 1 5 . 4 2 4 7 . 1 3 8 . 8 9 . 3 4 8 . 1 2 7 . 4 5 . 2 8 6 . 9 11 P 1 1 6 . 4 1 5 3 . 6 8 5 . 8 5 . 5 2 4 4 . 8 4 0 . 9 9 . 6 5 0 . 5 2 5 . 8 4 . 6 8 9 . 9 18 P 1 1 6 . 5 1 5 1 . 5 8 5 . 9 6 . 4 2 4 3 . 8 41 . 6 9 . 9 5 1 . 5 2 6 . 3 5 . 2 9 2 . 2

2 /

3 /

4 /

5 / 6 / 7 /

8 / 9 /

CURRENCY OUTSIDE THE U . S . TREASURY, F . R . BANKS AND THE VAULTS OF COMMERCIAL BANKS. DEMAND DEPOSITS OTHER THAN THOSE DUE 1 0 DOMESTIC BANKS, THE U . S . GOVERNMENT AND FOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S L E S S CASH ITEMS IN THE PROCESS OF COLLECTION AND F . R . FLOAT AT MEMBER BANKS OF 1 HE FEDERAL RESERVE SYSTEM. DEMAND DEPOSITS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U . S . GOVERNMENT AND FOREIGN BANKS AND O F F I C I A L I N S T I T U T I O N S LESS CASH ITEMS IN THE PROCESS OF COLLECTION AT NONMEMBER BANKS. D E P O S I T S AS DESCRIBED IN FOOTNOTE 3 AT AGENCIES AND BRANCHES OF FOREIGN BANKS, EDGE ACT CORPORATIONS AND FOREIGN INVESTMENT COMPANIES. NOW AND ATS ACCOUNTS AT BANKS. NOW ACCOUNTS AT THRIFT I N S T I T U T I O N S , CREDIT UNION SHARE DRAFT BALANCES AND DEMAND DEPOSITS AT MUTUAL SAVINGS BANKS. INCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS I S S U E D TO THE NONBANK PUBLIC BY COMMERCIAL BANKS NET OF AMOUNTS HELD BY MONEY MARKET MUTUAL F U N D S . I S S U E D BY CARIBBEAN BRANCHES OF U . S . MEMBER BANKS TO U . S . NGNtiANK CUSTOMERS. TOTAL MONEY MARKET MUTUAL FUND SHARES OUTSTANDING.


H.6 (508) 7

Table 3Acontinued


Savings deposits Small denomination time deposits1 Date at commercial at savings at mutual at total at commercial at savings at mutual at total

banks and loans savings banks credit unions banks and loans savings banks credit unions

1 9 8 0 - J A N . 1 9 1 . 1 1 1 6 . 5 5 9 . 0 4 3 . 3 4 0 9 . 8 2 4 5 . 5 3 2 5 . 7 8 0 . 7 1 0 . 2 6 6 2 . 0 F E B . 1 8 7 . 3 1 1 3 . 5 5 7 . 5 4 2 . 6 4 0 0 . 9 2 5 2 . 1 3 2 9 . 1 8 1 . 7 1 0 . 5 6 7 3 . 4 MAR. 1 8 3 . 4 1 1 1 . 1 5 6 . 3 4 2 . 9 3 9 3 . 6 2 6 1 . 0 3 3 3 . 8 8 3 . 3 1 0 . 9 6 8 9 . 0

APR. 1 7 8 . 0 1 0 6 . 8 5 4 . 3 4 2 . 7 3 8 1 . 8 2 7 1 . 8 3 3 9 . 3 8 5 . 6 1 1 . 2 7 0 7 . 9 MAY 1 7 6 . 7 1 0 4 . 8 5 3 . 2 4 2 . 2 3 7 6 . 9 2 7 5 . 8 3 4 1 . 7 8 6 . 9 1 2 . 0 7 1 6 . 4 JUNE 1 8 1 . 2 1 0 8 . 3 5 4 . 2 4 3 . 2 3 8 6 . 9 2 7 5 . 4 3 4 1 . 7 8 7 . 1 1 2 . 4 7 1 6 . 6

JULY 1 8 7 . 6 1 1 2 . 9 5 5 . 7 4 4 . 9 4 0 1 . 0 2 7 3 . 6 3 4 0 . 2 8 6 . 9 1 2 . 2 7 1 2 . 9 AUG. 1 9 0 . 8 1 1 6 . 0 5 6 . 6 4 5 . 5 4 0 8 . 8 2 7 3 . 2 3 3 8 . 5 8 6 . 8 1 2 . 6 7 1 1 . 1 S E P T . 1 9 1 . 6 1 1 7 . 7 5 7 . 0 4 6 . 0 4 1 2 . 4 2 7 5 . 0 3 3 9 . 8 8 7 . 3 1 2 . 7 7 1 4 . 9

OCT. P 1 9 2 . 9 1 1 7 . 2 5 6 . 7 4 6 . 2 4 1 2 . 9 2 7 8 . 4 3 4 3 . 7 8 8 . 5 1 3 . 1 7 2 3 . 7 NCV. P 1 9 1 . 0 1 1 4 . 0 5 5 . 4 4 5 . 4 4 0 5 . 8 2 8 2 . 7 3 4 9 . 1 9 0 . 0 1 4 . 1 7 3 5 . 9 DEC. P 1 8 4 . 1 1 0 9 . 1 5 3 . 5 4 4 . 2 3 9 0 . 9 2 9 1 . 3 3 5 8 . 0 9 2 . 6 1 5 . 5 7 5 7 . 4

1 9 8 1 - J A N . P 1 7 6 . 5 1 0 3 . 7 5 1 . 6 4 3 . 4 3 7 5 . 2 3 0 2 . 6 3 6 5 . 3 9 4 . 9 1 6 . 3 7 7 9 . 1

WEEK ENDING:

1 9 8 1 - J A N . 7 P 1 7 9 . 4 2 9 9 . 5 14 P 1 7 7 . 8 3 0 1 . 7 21 P 1 7 6 . 0 3 0 2 . 8 2 8 P 1 7 4 . 3 3 0 4 . 7

F E B . 4 P 1 7 3 . 0 3 0 6 . 3 11 P 1 7 2 . 8 3 0 8 . 0 18 P 1 7 2 . 3 3 0 8 . 4

1 / SHALL DENOMINATION TIME DEPOSITS ABE THOSE I S S U E D I N AMOUNTS OP L E S S THAN $ 1 0 0 , 0 0 0 .


H.6 (508) 8

Table 3Acontinued


Large denomination time deposits? Term RRs3 Short-term

Treasury securities5

Bankers acceptances

Commercial paper? Date

at commercial

bank$2 at savings and loans

at mutual savings banks

total at

commercial banks

at thrift institutions

total Term

Eurodollars (net)4

Savings bonds

Short-term Treasury

securities5

Bankers acceptances

Commercial paper?

1 9 8 0 - J A N . F E B . MAR.

1 9 2 . 4 1 9 4 . 9 1 9 7 . 0

2 8 . 4 2 9 . 9 3 0 . 6

2 . 8 2 . 8 2 . 8

2 2 3 . 5 2 2 7 . 6 2 3 0 . 4

2 3 . 7 2 3 . 7 2 2 . 2

6 . 6 6 . 6 6 . 7

3 0 . 3 3 0 . 3 2 8 . 9

4 5 . 6 4 9 . 5 4 9 . 2

7 9 . 2 7 8 . 2 7 6 . 8

1 3 0 . 3 1 3 2 . 6 1 3 9 . 0

2 6 . 8 2 8 . 2 2 8 . 9

9 8 . 7 1 0 0 . 0

9 9 . 8

APR. MAY JUNE

1 9 5 . 9 1 9 6 . 2 1 8 9 . 8

3 1 . 6 3 2 . 8 3 3 . 5

2 . 9 2 . 9 2 . 9

2 3 0 . 4 2 3 1 . 9 2 2 6 . 2

2 2 . 5 2 2 . 5 2 3 . 5

6 . 7 6 . 5 6 . 5

2 9 . 1 2 8 . 9 3 0 . 0

4 9 . 9 5 0 . 3 4 8 . 9

7 5 . 1 7 3 . 9 7 3 . 5

1 4 8 . 5 1 5 1 . 9 1 4 6 . 2

2 9 . 0 2 9 . 0 2 9 . 4

1 0 0 . 7 9 7 . 4 9 7 . 3

JULY AUG. S E P T .

1 8 4 . 6 1 8 5 . 4 1 8 7 . 7

3 4 . 1 3 5 . 0 3 5 . 9

2 . 9 2 . 9 2 . 9

2 2 1 . 7 2 2 3 . 3 2 2 6 . 5

2 4 . 7 2 7 . 3 2 6 . 4

6 . 5 6 . 5 7 . 0

3 1 . 1 3 3 . 8 3 3 . 5

4 8 . 4 4 8 . 4 4 5 . 2

7 3 . 3 7 3 . 2 7 3 . 1

1 4 2 . 1 1 4 6 . 0 1 4 8 . 8

2 8 . 8 2 8 . 8 3 0 . 0

9 6 . 2 9 5 . 6 9 6 . 8

OCT. P NCV. P DEC. P

19 0 . 6 1 9 8 . 9 2 0 9 . 4

3 7 . 1 3 8 . 0 3 9 . 1

3 . 0 3 . 0 3 . 0

2 3 0 . 7 2 4 0 . 0 2 5 1 . 5

2 8 . 0 2 8 . 9 2 8 . 9

7 . 5 7 . 5 7 . 6

3 5 . 5 3 6 . 5 3 6 . 5

4 3 . 6 4 6 . 1

7 3 . 0 7 2 . 9

1 4 9 . 4 1 5 2 . 0

3 0 . 8 3 1 . 3

9 8 . 1 1 0 0 . 3

1 9 8 1 - J A N . F 2 1 6 . 3 4 0 . 4 3 . 1 2 5 9 . 8 3 1 . 1 7 . 5 3 8 . 6

WEEK ENDING:

1 9 8 1 - J A N . 7 1 4 2 1 2 8

P P P P

2 1 6 . 4 2 1 7 . 2 2 1 6 . 3 2 1 9 . 2

3 0 . 7 2 9 . 2 3 1 . 3 3 2 . 7

F E B . 4 11 18

P P P

2 2 0 . 3 2 1 9 . 7 2 1 7 . 9

3 1 . 7 3 1 . 8 3 0 . 9

1 / LARGE DENOMINATION TIME DEPOSITS ARE THOSE I S S U E D I N AMOUNTS OF $ 1 0 0 , 0 0 0 OR MORE. 2 / LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT

I N S T I T U T I O N S . 3 / TERM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY AND EXCLUDE CONTINUING CONTRACTS. 4 / TERM EURODOLLARS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY NET OF TERM EURODOLLARS HELD BY MONEY MARKET MUTUAL

FUNDS. 5 / INCLUDES U . S . TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF L E S S THAN 18 MONTHS HELD BY THE NONBANK PUBLIC LESS SUCH

S E C U R I T I E S HELD BY MONEY MARKET MUTUAL F U N D S . 6 / NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F . R . BANKS, FOREIGN OFFICIAL I N S T I T U T I O N S , THE FEDERAL HOME LOAN BANK

SYSTEM, AND MONEY MARKET MUTUAL FUNDS. 7 / TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPEJR HELD BY MONEY MARKET MUTUAL FUNDS.


H.6 (508)

Table 4

MEMORANDA ITEMS

Date

Demand deposits at banks due to Time and savings deposits due to

foreign commercial banks and foreign

official institutions

U.S. government deposits

Date foreign commercial banks

foreign official institutions

Time and savings deposits due to


official institutions

demand deposits at note balances at commercial

banks and thrift institutions

total demand deposits and note balances

time and savings deposits at commercial banks

Date foreign commercial banks

foreign official institutions

Time and savings deposits due to


official institutions commercial banks

Federal Reserve Banks

note balances at commercial

banks and thrift institutions

total demand deposits and note balances

time and savings deposits at commercial banks

1 9 8 0 - J A N . 1 1 . 8 3 . 5 9 . 6 3 . 1 3 . 1 9 . 6 1 5 . 8 0 . 9 ( F E B . 1 2 . 0 3 . 3 9 . 1 2 . 7 3 . 4 9 . 0 1 5 . 1 0 . 9 MAR. 1 2 . 8 3 . 2 9 . 4 2 . 7 2 . 7 5 . 1 1 0 . 5 0 . 9

APR. 1 2 . 4 3 . 8 1 0 . 1 3 . 6 2 . 6 5 . 4 1 1 . 7 0 . 9 MAY 1 3 . 0 3 . 7 1 0 . 5 2 . 6 2 . 8 5 . 9 1 1 . 3 0 . 9 JUNE 1 1 . 9 3 . 2 1 1 . 1 3 . 2 2 . 9 6 . 8 1 3 . 0 0 . 8

JULY 1 1 . 8 3 . 3 1 1 . 1 3 . 2 3 . 1 6 . 1 1 2 . 4 0 . 8 AUG. 1 1 . 2 3 . 2 1 1 . 1 2 . 8 3 . 3 6 . 5 1 2 . 6 0 . 8 S E P T . 1 1 . 3 2 . 9 1 1 . 4 3 . 2 3 . 3 1 1 . 0 1 7 . 4 0 . 9

OCT. P 1 1 . 5 3 . 0 1 1 . 6 3 . 0 3 . 2 9 . 7 1 6 . 0 0 . 8 NOV. P 1 1 . 9 3 . 4 1 1 . 5 2 . 5 3 . 0 4 . 1 9 . 6 0 . 8 DEC. P 1 2 . 0 3 . 6 1 1 . 7 2 . 7 2 . 7 6 . 3 1 1 . 7 0 . 8

1 9 8 1 - J A N . P 1 1 . 3 3 . 4 1 1 . 6 2 . 8 3 . 2 5 . 1 1 1 . 1 CD

WEEK E N D I N G :

1 9 8 1 - J A N . 7 P 1 1 . 2 3 . 4 1 1 . 7 2 . 9 3 . 0 4 . 7 1 0 . 5 0 . 8 1 4 P 1 1 . 0 3 . 3 1 1 . 6 2 . 3 3 . 1 4 . 0 9 . 4 0 . 8 i 2 1 P 1 1 . 8 3 . 5 1 1 . 5 3 . 1 3 . 1 5 . 2 1 1 . 4 0 . 8 1 2 8 P 1 1 . 5 3 . 1 1 1 . 5 2 . 7 3 . 5 5 . 7 1 1 . 8 0 . 8

F E B . 4 P 1 0 . 6 3 . 6 1 1 . 5 3 . 1 3 . 3 7 . 7 1 4 . 1 0 . 6 11 P 1 3 . 4 3 . 2 1 1 . 5 2 . 4 3 . 9 4 . 0 1 0 . 4 0 . 8 1 8 P 1 3 . 0 3 . 9 1 1 . 6 2 . 9 2 . 8 3 . 8 9 . 5 0 . 8


SPECIAL SUPPLEMENTARY TABLE V a r i a b l e C e i l i n g Time Depos i t s a t

A l l Insured Commercial Banks and Al l Mutual Savings Banks November 26, 1980, December 31, 1980, and January 28, 1981

(Not s e a s o n a l l y adjusted)--

Insured Commercial Banks Mutual Savings Banks November 26 December 31 January 28r November 26 December 31 January 28r

Amount ou t s t and ing ( m i l l i o n s of d o l l a r s ) :

2/ 6-month money market c e r t i f i c a t e s

(Standard e r r o r of the e s t i m a t e ) 2 -1 /2 year and over v a r i a b l e

c e l l i n g c e r t i f i c a t e s 3 / (Standard e r r o r of the e s t i m a t e )

Number of i n s t i t u t i o n o f f e r i n g : 2/

6-month money market c e r t i f i c a t e s 2 -1 /2 year and over v a r i a b l e

c e i l i n g c e r t i f i c a t e s

Percent of o f f e r i n g i n s t i t u t i o n s paying the c e l l i n g r a t e dur ing t h e survey p e r i o d :

2/ 6-month money market c e r t i f i c a t e s 2 -1 /2 year and over v a r i a b l e c e i l i n g

c e r t i f i c a t e s

165,359 177,619 188,382 (1763) (1837) (1800)

30,678 32,012 31,991 (953) (838) (821)

14,254 14,236 14,213

14,254 14,236 14,213

91.3 88.8 89.3

92.7 93.8 96.0

44,211 49,446 49,825 (680) (530) (647)

11,531 11,770 12,918 (377) (349) (516)

463 462 461

463 462 461

91.3 98.7 90.7

96.5 94.2 97.5

r r e v i s e d . V Es t ima tes f o r December a r e based on d a t a c o l l e c t e d by the Federa l Reserve and the FDIC from a s t r a t i f i e d random

sample of 490 commercial banks and 76 mutual sav ings banks. 2/ Money market c e r t i f i c a t e s (MMCs) a r e nonego t i ab le time d e p o s i t s i n denominations of $10,000 or more wi th o r i g i n a l

m a t u r i t i e s of e x a c t l y 26 weeks f o r which the maximum pe rmis s ib l e r a t e of i n t e r e s t on new d e p o s i t s i s r e l a t e d to the d i scoun t y i e l d on the most r e c e n t l y i s sued s ix-month Treasury b i l l ( a u c t i o n a v e r a g e ) . See Table 1.16 i n the Federa l Reserve B u l l e t i n f o r s p e c i f i c c e l l i n g r a t e s .

3/ This ca t egory i n c l u d e s a l l 4 -yea r and over v a r i a b l e c e l l i n g accounts having no l e g a l minimum denomination i s sued between J u l y 1 and December 31, 1979 and a l l such 2 -1 /2 year and over v a r i a b l e c e i l i n g accounts i s sued s i n c e January 1, 1980. See Table 1.16 i n the B u l l e t i n f o r s p e c i f i c c e i l i n g r a t e s .


h6_19810227.pdf

Documents

s s e t s

s e p t

i n s t i t u t i o

demand d e p o s i t

s s u e d i n amounts

u d e s

i c s monetary

banks banks