l41_19760729.pdf

July 29, 1976 L.4.1 CONFIDENTIAL (FR)

SURVEY OF MATURITY STRUCTURE OF OUTSTANDING LARGE DENOMINATION CERTIFICATES OF

DEPOSITS AT LARGE WEEKLY REPORTING BANKS

as of

June 30, 1976

Bank ing S e c t i o n D i v i s i o n of R e s e a r c h and S t a t i s t i c s

Board of G o v e r n o r s of t h e F e d e r a l R e s e r v e Sys tem

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

TABLE I 4

1 / HAiUHltV DISTRIBUTION u F OUTSTANDING NEGOTIABLE TIME C E R T I F I C A T E S OF D E P O S I T AT

WEEKLY R E P O R T I N G BANKS

AS OF 3 0 J U N 1 9 7 6

C O E S MATURING I N AMOUNT

( M I L L I O N S OF D O L L A R S !

PERCENTAGE 0 1 S T R I B U T I O N

CUMULATIVE PERCENTAGE

SALES S I N C E PREVIOUS MONTH 2 /

( M I L L I O N S OF DOLLARS

1 W JUNE 3 0 . 0 . 0 . 0 . 0

JULY 2 3 , 9 * 6 . 8 3 4 . 0 3 4 . 0 10 , 6 4 4 . 2

AUGUST 1 2 * 6 1 6 . 8 1 7 . 9 5 1 . 9 4 , 1 1 9 . 5

SEPTEMBER 9 , 2 9 1 . 4 1 3 . 2 6 5 . 1 t , 2 8 3 . 2

OCTOBER 5 , 9 0 7 . 2 6 . 4 7 3 . 5 1 , 1 4 5 . 9

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

DECEMBER 5 , 1 0 2 . 5 7 . 2 8 8 . 2 3 , 3 7 7 . 2

1 9 ? ? JANUARY 1 , 6 7 1 . 8 2 . 7 9 0 . 9 2 3 3 . 0

FEBRUARY 1 , 0 1 0 . 7 1 . 4 9 2 . 3 9 3 . 2

MARCH 1 , 1 0 1 . 0 1 . 6 9 3 . 9 1 5 1 . 5

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

MAY 4 5 2 . 5 o 9 6 . 1 7 9 . 0

JUNE 7 2 5 . 3 1 . 0 9 7 . 1 7 3 4 . 2 3 /

OYER 1 2 MONTHS 2 , 1 1 3 . 3 3 . 0 1 0 0 . 0 XXX

TOTAL 7 0 , 5 5 4 . 0 1 0 0 . 0 XXX 2 6 , 1 4 6 . 3

TMEMORANDUM: TAX AND D I V I D E N D M A T U R I T I E S )

SEPTEMBER 1 0 SEPTEMBER 1 5

2 8 6 . 0 1 , 0 5 5 . 9

. 4 1 . 5

XXX XXX

1 / I N C L U D E S CWLY C E R T I F I C A T E S I N DENOMINATIONS 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.

2 / S F I TECHNICAL APPENDIX A ,

3 / S A L f S OF C C S MA1URING AFTER 1 1 MONTHS. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

TABLE 2A

1 / MATURITY D I S T R I B U T I O N OF OUTSTANDING NEGOTIABLE TINE C E R T I F I C A T E S OF D E P O S I T AT

NEW YORK c m , CHICAGO* AND ALL OTHER WEEKLY REPORTING BANKS

AS OF 3 0 JUN 1 9 7 6

U N M I L L I O N S OF DOLLARS)

NEW YORK CITY CHICAGO ALL OTHER WEEKLY REPORTING BANKS

C D ' S MATURING I N AMOUNT SALES SINCE PREVIOUS MONTH 2 /

AMOUNT SALES SINCE PREVIOUS MONTH 2 /

AMOUNT SALES S I N C E ^ P R E V I O U S M O N ^ ^ /

LETS sm 3 0 . 0 . 0 . 0 . 0 . 0 . 0

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

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

SEPTEMBER 3 , 9 2 0 * 0 1 , 5 7 2 . 5 8 2 4 . 2 5 1 5 . 5 4 , 5 4 7 . 1 2 , 1 9 5 . 1

OCTOBER 2 , 6 9 6 . 7 4 2 8 . 4 4 9 4 . 0 1 1 2 . 2 2 , 7 1 6 . 5 6 0 5 . 4 i I 2 , 4 2 * . ? 5 2 6 . 8 3 6 3 . 0 8 9 . 6 2 , 5 1 0 . 3 6 2 9 . 2 DECEMBER 2 , 2 1 7 . 5 1 , 7 6 9 . 9 3 8 7 . 4 1 4 8 . 8 2 , 4 9 7 . 7 1 , 4 5 8 . 6

* 9 7 7 JANUARY 3 3 0 . * 2 7 . 5 3 6 7 . 7 5 7 . 7 1 , 1 7 3 . 6 1 4 7 . 7

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

MARCH 2 1 3 . 9 5 2 . 4 1 9 6 . 5 2 2 . 0 6 9 0 . 7 7 7 . 2 ^

2 6 . 7 A P R I L 1 5 3 . 1 3 . 5 3 2 3 . 2 9 . 9 6 1 9 . 5

7 7 . 2 ^

2 6 . 7

MAY 3 6 . 4 4 . 6 2 4 . 0 1 0 . 8 3 9 2 . 1 63 . 6

JUNE 1 3 7 . 5 1 3 7 . 1 / 3 1 4 5 . 5 1 0 6 . 7 / 3 4 4 2 . 4 4 9 0 . 4 / 3

OVER 1 2 MONTHS 4 5 2 . 3 XXX 2 5 6 . 9 XXX 1 , 4 0 4 . 1 XXX

TOTAL * 2 3 , 7 9 4 . 5 7 , 5 8 3 . 7 8 , 2 7 4 . 5 2 , 9 6 5 . 8 3 8 , 4 85 . 5 1 5 , 5 9 7 . 3

NUMBER OF REPORTING BANKS 1 0 1 2 219

1 MEMORANDUM: TAX AND D I V I D E N D M A T U R I T I E S )

SEPTEMBER 1 0 SEPTEMBER I S

1 5 7 . 9 4 4 2 . 2

2 9 . 8 9 5 . 1

9 8 . 3 5 1 8 . 7

1 / INCLUDES ONLY C E R T I F I C A T E S I N DENOMINATION OF $ 1 0 0 , 0 0 0 OR MORE I S S U E D BY WEEKLY REPORTING BANKS.

2 / SEE TECHNICAL APPENDIX A .

3 / S A L E S OF C D ' S MATURING AFTER 1 1 MONTHS.

* TOTALS MAY NOT ADD DUE TO ROUNDING. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

* TABLE 2B

1/ MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT

NEW YORK C I T Y , CHICAGO, AND ALL OTHER WEEKLY REPORTING BANKS

AS OF 30 JUN 1976 AND 26 MAY 1 9 7 6

IPERCENTAGE DISTRIBUTION)

NEW YORK CITY CHICAGO ALL OTHER

3 0 JUN 26 MAY 30 JUN 26 MAY 3 0 JUN 26 MAY

06 DAYS 2 / . 0 2 . 5 . 0 2 . 0 . 0 3 . 2

0 1 MONTHS 3 / 2 7 . 7 2 9 . 7 4 0 . 0 2 9 . 1 3 6 . 5 34 . 4

0 2 MONTHS I S . 5 1 9 . 4 1 7 . 2 2 6 . 0 1 7 . 6 1 8 . 2

0 3 MONTHS 1 6 . 5 1 3 . 8 1 0 . 0 1 0 . 9 1 1 . 8 1 1 . 9

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

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

0 6 MONTHS 9 . 3 7 . 9 4 . 7 3 . 5 6 . 5 5 . 1

0 7 MONTHS 1 . 4 1 . 9 4 . 4 3 . 1 3 . 0 2 . 8

0 0 MONTHS . 9 1 . 3 1 . 9 4 . 0 1 . 7 2 . 8

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

10 MONTHS . 6 . 7 3 . 9 2 . 3 1 . 6 1 . 7

11 MONTHS . 2 . 6 . 3 4 . 1 1 . 0 1 . 6

12 MONTHS . 6 . 1 1 . 8 . 2 1 . 1 . 9

OVER 12 MONTHS 1 . 9 1 . 9 3 . 1 3 . 6 3 . 6 3 . 7

TOTAL * 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0

1 / INCLUDES ONLY CERTIFICATES IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY WEEKLY REPORTING BANKS.

2 / NUMBER OF DAYS REMAINING IN SURVEY MONTH. THIS PERIOD VARIES WITH THE NUMBER OF DAYS FOLLOWING THE LAST WEDNESDAY OF THE MONTH.

3 / NUMBER OF MONTHS FOLLOWING THE SURVEY MONTH.

* TOTALS MAY NOT ADD DUE TO ROUNDING.

X


TABLE 2C

1 / MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT AT

NEW YORK C I T Y , CHICAGO, AND ALL OTHER WEEKLY REPORTING BANKS

AS OF 3 0 JUN 1 9 7 6 AND 26 MAY 1 9 7 6

(CUMULATIVE DISTRIBUTION)

NEW YORK CITY CHICAGO ALL OTHER

3 0 J UN 26 MAY 30 JUN 26 MAY 3 0 J UN 26 MAY

1 - 6 DAYS 2 / 0 2 . 5 . 0 2 . 0 . 0 3 . 2

0 1 MONTHS 3 / 2 7 . 7 3 2 . 2 4 0 . 0 3 1 . 1 3 6 . 5 3 7 . 6

02 MONTHS 4 6 . 2 5 1 . 6 5 7 . 2 5 7 . 1 5 4 . 1 5 5 . 8

0 3 MONTHS 6 2 . 7 6 5 . 4 6 7 . 2 6 8 . 0 6 5.-9 6 7 . 7

Of MONTHS 7 * . 0 7 5 . 2 7 3 . 2 7 2 . 0 7 3 . 0 7 4 . 1

0 5 MONTHS 6 4 . 2 6 4 . 7 7 7 . 6 7 7 . 0 7 9 . 5 7 9 . 9

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

0 7 MONTHS 9 * . 9 9 4 . 5 6 6 . 7 8 3 . 6 6 9 . 0 8 7 . 8

0 6 MONTHS 9 5 . 8 9 5 . 8 BE .6 8 7 . 6 9 0 . 7 9 0 . 6

09 MONTHS 9 6 . 7 9 6 . 6 9 1 . 0 8 9 . 6 9 2 . 5 9 2 . 1

10 MONTHS * 7 . 3 9 7 . 3 9 4 . 9 91 . 9 9 4 . 1 9 3 . 8

11 MONTHS 9 7 . 5 9 7 . 9 9 5 . 2 9 6 . 0 9 5 . 1 95 . 4

12 MONTHS 9 8 . 1 9 8 . 0 9 7 . 0 9 6 . 2 9 6 . 2 9t>.3

ER 12 MONTHS 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0

1 / INCLUDE S ONLY CERTIFICATES IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY WEEKLY REPORTING BANKS.

2 / NUMBER OF DAYS REMAINING IN SURVEY MONTH. THIS PERIOD VARIES WITH THE NUMBER OF DAYS FOLLOWING THE LAST WEDNESDAY OF THE MONTH.

3 / NUMBER OF MONTHS FOLLOWING THE SURVEY MONTH.


TABLE 3A MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES UF DEPOSIT 1 / AT WEEKLY REPORTING BANKS BY SIZE OF BANKS 2 /

AS OF 3 0 JUN 1976 CAMOUNTS IN MILLIONS OF DOLLARS)

$5 BILLION AND OVER

C D ' S MATURING IN TOTAL $ 5 0 0

MILLION AND UNDER

$ 5 0 0 MILLION TO

$ 1 BILLION

$1

$ 5

BILLION TO

BILLION TOTAL NEW YORK

CITY

OUTSIDE NEW YORK

CITY

1 9 7 6 JUN 3 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0

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

AUGUST 1 2 , b 1 6 . 9 5 2 6 . 3 9 5 1 . 5 3 , 6 5 8 . 8 7 , 4 8 0 . 3 4 , 1 8 7 . 6 3 , 2 9 2 . 7

SEPTEMBER 9 , 2 9 1 . 4 3 9 2 . 7 6 6 1 . 2 2 , 6 3 9 . 6 5 , 5 9 7 . 7 3 , 5 6 6 . 1 2 , 0 3 1 . 6

OCTOBER S , 9 0 7 . 1 2 2 0 . 4 34 6 . 0 1 , 5 6 5 . 9 3 , 7 7 4 . 8 2 , 5 5 9 . 8 1 , 2 1 5 . 0

NOVEMBER 5 , 2 9 6 . 9 1 8 6 . 5 2 4 9 . 6 1 , 0 9 9 . 9 3 , 7 6 2 . 9 2 , 3 5 7 . 6 1 , 4 0 5 . 3 DECEMBER 5 , 1 0 2 . 5 1 6 0 . 7 2 4 8 . 1 1 , 2 9 3 . 1 3 , 4 0 0 . 6 2 , 1 2 7 . 9 1 , 2 7 2 . 7

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

FEBRUARY 1 , 0 1 0 . 8 4 2 . 5 8 1 . 0 2 70 . 8 6 1 6 . 5 1 7 6 . 5 4 4 0 . 0

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

APRIL 1 , 0 9 5 . 7 4 9 . 1 9 1 . 2 2 9 2 . 3 6 6 3 . 1 1 4 6 . 4 5 1 6 . 7

MAY 4 5 2 . 4 3 1 . 2 5 2 . 2 1 1 8 . 2 2 5 0 . 8 3 2 . 2 2 1 6 . 6

JUNE 72 5 . 3 4 1 . 4 7 0 . 1 1 9 1 . 0 4 2 2 . 8 1 3 3 . 1 2 8 9 . 7

JULY OR LATER 2 , 1 1 3 . 3 6 2 . 6 1 1 5 . 8 5 6 5 . 9 1 , 3 6 9 . 0 4 4 0 . 9 9 * 6 . 1

TOTAL * 7 0 , 5 5 4 . 0 2 , 9 7 1 . 9 5 , 3 2 6 . 4 1 9 , 3 3 8 . 5 4 2 , 9 1 7 . 2 2 2 , 3 2 2 . 0 20 , 5 9 5 . 2

(MEMORANDUM: TAX AND DIVIDEND MATURITIES) (MEMORANDUM: TAX AND DIVIDEND MATURITIES)

SEPTEMBER 1C 2 8 6 . 0 9 . 3 1 0 . 1 64.2 2 0 2 . 4 1 5 6 . 1 4 6 . 3

SEPTEMBER 1 5 1 , 0 5 5 . 9 3 5 . 3 5 9 . 9 3 0 2 . 5 t>58.2 3 8 4 . 8 2 7 3 . 4

1 MEMORANDUM: NUMBER OF BANKS) 1 MEMORANDUM: NUMBER OF BANKS)

2 * 1 7 9 62 8 3 17 7 10

I Z INCLUDES CERTIFICATES IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY WEEKLY REPORTING BANKS. 2 / TOTAL ASSETS AS REPORTED IN THE CALL REPORT OF CONDITION ON JUNE 3 0 , 1 9 7 5 . * TOTALS MAY NOT ADD DUE TO ROUNDING. Digitized for FRASER

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

TABLE 3 8 SALES / ! / OF NEGOTIABLE TIME C E R T I F I C A T E S OF D E P O S I T SINCE PREVIOUS MCNTH 2 / AT WEEKLY REPORTING BANKS BY S I Z E OF BANKS 3 /

AS OF 3 0 JUN 1 9 7 6 (AMOUNTS I N M I L L I O N S OF DOLLARS)

$ 5 B I L L I O N AND OVER

C D ' S MATURING IN TOTAL $ 5 0 0

M I L L I O N AND UNDER

$ 5 0 0 M I L L I O N TO

$ 1 B I L L I O N

$ 1 B I L L I O N TO

$ 5 B I L L I O N TOTAL NEW YORK

CI TY

OUT S I D E NEW YORK

C I T Y

1 9 3 6 J U N 3 0

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

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

SEPTEMBER 4 , 2 8 3 . 3 2 3 1 . 9 3 7 1 . 4 1 , 3 3 3 . 0 Z , 3 4 7 . 0 1 , 4 3 7 . 2 9 09 . 8

OCTOBER 1 , 1 * 5 . 7 5 5 . 1 9 1 . 5 3 5 7 . 4 6 4 1 . 7 3 6 2 . 7 2 5 9 . 0

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

DECEMBER 3 , 3 7 7 . 3 1 0 2 . 5 1 5 5 . 2 7 4 2 . d 2 , 3 7 6 . 8 1 , 7 1 0 . 1 6 6 6 . 7

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

FEBRUARY 9 3 . 3 7 . 5 1 5 . 7 2 2 . 7 4 7 . 4 1 1 . 1 3 6 . 3

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

A P R I L 4 0 . 1 5 . 0 5 . 6 1 6 . 5 1 3 . 0 3 . 0

o o

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

JUNE OR LATER 7 3 4 . 3 5 3 . 8 6 8 . 5 1 7 7 . 8 4 3- , . 2 1 3 2 . 7 3 C 1 . 5

TOTAL $ 2 6 , 1 * 6 . 2 1 , 2 6 5 . 7 2 , 4 5 8 . 2 7 , 9 0 3 . 2 1 4 , 5 1 9 . 1 6 , 8 9 1 . 9 7 , 6 * 7 . 2

1 MEMORANDUM: NUMBER OF BANKS) 1 MEMORANDUM: NUMBER OF BANKS)

2 4 1 7 9 6 2 8 3 17 7 1 0

1 / SEE TECHNICAL APPENDIX A . 2 / INCLUDES C E R T I F I C A T E S I N DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE I S S U E D BY WEEKLY REPORTING BANKS. 3 / TOTAL A S S E T S AS REPORTED IN THE CALL REPORT OF CONDITION ON J U N E 3 0 , 1 9 7 5 . * TOTALS MAY NOT ADD DUE TO ROUNDING.


TABLE SC MATURITY D1STRI6U1ION OF OUTSTANDING NEGOTIABLE TIME C E R T I F I C A T E S OF DEPOSIT 1 / AT WEEKLY REPORTING BANKS EY SIZE OF BANKS 2 /

AS OF 30 JUN 1976 PERCENTAGE DISTRIBUTION

$5 BILLION AND OVFR

C D * S MATURING I N TOTAL

1 9 7 6 J U N 3 0 0 . 0

J U L Y 3 4 . 0

AUGUST 1 7 . 9

S E P T E M B E R 1 3 . 2

OCTOBER 6 . 4

NOVEMBER 7 . 5

DECEMBER 7 . 2

1977 JANUARY 2 . 7 FEBRUARY 1 . 4

MARCH 1 . 6

A P R I L 1 . 6

MAY 0 . 6

J U N E 1 . 0

J U L Y OR LATER 3 . 0

TOTAL * 1 0 0 . 0

* 5 0 0 M I L L I O N

AND UNDER

0.0

3 8 . 0

1 7 . 7

1 3 . 2

7 . 4

6 . 3

5 . 4

2.6 1 . 4

1 . 5

1 . 7

1.0 1 . 4

S 5 0 0 MILLION TO

S I BILLION

0.0 4 2 . 0

1 7 . 9

1 2 . 4

6 . 5

4 . 7

4 . 7

2 . 7

1 . 5

1 . 4

1 . 7

1.0 1 . 3

S I BILLION TO

S5 BILLION

0.0 3 5 . 8

I B . 9

1 3 . 7

6.1

5 . 7

6 . 7

2 . 4

1 . 4

1 . 3

1 . 5

0.6

1.0

TOTAL

0.0

3 1 . 9

1 7 . s

1 3 . 0

6 , 8

8 . 8

7 . 9

2 . 7

1 . 4

1 . 7

1 . 5

O . c

1 .0

SEPTEMBER 1 0

S E P T E M B E R 1 5

0 . 4

1 . 5

2.1 100.0

(MEMORANDUM

0 . 3

1.2

2 . 2 2 . 9 3 . 2

1 0 0 . 0 1 0 0 . 0 1 0 0 . 0

TAX AND DIVIDEND MATURITIES)

0 . 2 0 . 3 0 . 5

1 . 1 1 . 6 1 . 5

NEW YORK CITY

0.0

2 7 . 2

18.8

l o . O

1 1 . 5

10.6

9 . 5

1 . 4

0.8 0 . 9

0 . 7

0.1

0 .6

2 . 0

100.0

0 . 7

1 . 7

OUTSIDE NEW YORK

CI TY

0.0

3 6 . 9

16.0

9 . 9

5 . 9

6.8

6.c

t . l

2 . 1

2.6 2 . 5

1.1

1 . 4

TABLE 3 0

C O * S M A T U R I N G I N

MATURITY 0 1 S T R 1 B U T LOFL OF OUTSTANDING N E G O T I A B L E TIME C E R T I F I C A T E S OF D E P O S I T 1 / AT WEEKLY R E P O R T I N G BANKS BY S I Z E OF BANKS 2 /

A S OF 3 0 J U N 1 9 7 6 CUMULATIVE PERCENTAGE

TOIAL

OR LATER 100.0

$ b B I L L I O N AND OVER

S S O O MILLION

$ 5 0 0 M I L L I O N TO

S I B I L L I O N TO

AND UNDER S I B I L L I O N $ 5 B I L L I O N TOTAL NEW YORK

C I T Y

O U T S I D E NEW YORK

C I T Y

J U N 3 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0

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

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

OCTOBER 7 3 . 5 7 6 . 3 7 8 . 8 7 6 . 5 7 1 . 1 7 3 . 5 6 8 . 7

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

DECEMBER 6 6 . 2 8 8 . 0 8 8 . 2 8 6 . 9 8 7 . 8 9 3 . 6 8 1 . 7

JANUARY 9 0 . 9 9 0 . 8 9 0 . 9 9 1 . 3 9 0 . 5 9 5 . 0 8 5 . 8

FEBRUARY 9 2 . 3 9 2 . 2 9 2 . 4 9 Z . 7 9 1 . 9 9 5 . 6 8 7 . 9

MARCH 9 3 . 4 9 3 . 7 9 3 . 8 9 4 . 0 9 3 . 6 9 6 . 7 9 0 . 5

A P R I L 9 5 . 5 9 5 . 4 9 5 . 5 9 5 . 5 9 5 . 1 9 7 . 4 9 3 . 0

MAY 9 6 . 1 9 6 . 4 9 6 . 5 9 b . 1 9 5 . 7 9 7 . 5 9 t . l

JUNE 9 7 . 1 9 7 . 6 9 7 . 8 9 7 . 1 9 t > . 7 9 6 . 1 9 5 . 5

JULY 100.0 100.0 100.0 100.0 100.0 100.0 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 R E P O R T I N G B A N K S . 2 / TOTAL A S S E T S AS R E P O R T E D I N THE C A I L REPORT OF C O N D I T I O N ON J U N E 3 0 , 1 9 7 5 . * T O T A L S MAY NOT ADD DUE TO R O U N D I N G .


TABLE 3 E

CD* S MATURING I N

1 9 7 6 JUN 3 0

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

DECEMBER

1 9 7 7 JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE OR LATER

TOTAL *

SALES / ! / OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS MONTH 2 / AT WEEKLY REPORTING BANKS BY SIZE OF BANKS 3 /

AS OF 3 0 JUN 1 9 7 6 PERCENTAGE DISTRIBUTION

$5 BILLION AND OVER

TOTAL

4 0 . 7

1 5 . 8

1 6 . 4

4 . 4

4 . 8

1 2 . 9

0 . 9

0 . 4

0.6

0.2

0 . 3

2.8

100.0

$ 5 0 0 MILLION

AND UNDER

4 5 . 0

1 4 . 1

1 8 . 3

4 . 4

3 . 1

8 .1

O.fa 0.6

0 . 3

0 . 4

0 . 7

$ 5 0 0 MILLION TO

S I BILLION

5 0 . 2

16.6

1 5 . 1

3 . 7

2 .6

6 . 3

0.8 0.6

0 . 4

0.2 0 . 4

SI BILLION TO

$ 5 BILLION

4 2 . 0

18.8

16 . 9

4 . 5

3 . 6

9 . 4

1.2 0 . 3

0 .6

0.2 0 . 3

TOTAL

4.3

100.0

2.8

100.0

2 4 1

2.2 100.0

(MEMORANDUM: NUMBER OF BANKS)

79 62 83

3 6 . 1

1*. 0 16.2

4.4

5 . 9

16 . 4

0.8 0 . 3

0.6

0.1

0.2

3 . 0

100.0

17

1 / SEE TECHNICAL APPENDIX A. 2/ INCLUDES CERTIFICATES IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY WEEKLY REPORTING BANKS. 3 / TOTAL ASSETS AS REPORTED IN THE CALL REPORT OF CONDITION ON JUNE 3 0 , 1 9 7 5 . * TOTALS MAY NOT ADD DUE TO ROUNDING.

NEW YORK CITY

2 3 . 5

1 4 . 7

2 0 . 9

5 . 6

7 . 5

2 4 . 8

0 . 4

0.2

0.6

0.0

0.1

1 . 9

100.0

OUTSIDE NEW YORK

CITY

5 1 . 2

1 3 . 5

1 1 . 9

3 . 4

4 . 6

8.7 1.1 0 . 5

0.6

0.1

0 . 4

4 . 0

100.0

10


TABLE 4A

AVERAGE MATURITY

OF

OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT 1 /

AT WEEKLY REPORTING BANKS

AT VARIOUS SURVEY DATES

( I N MONTHS)

DATE OF SURVFY BANK CLASSIFICATION

30 JUN 1 9 7 6

ALL REPORTING BANKS

ISSUING C D ' S

2 6 MAY 1 9 7 6

IBY LOCATION)

2 8 APR 19 76

2 . 9 3 . 0 3 . 0

NEW YORK CITY

CHICAGO

OTHER

UNDER * 5 0 0 MILLION

S500S1*000 MILLION

$ l w 0 0 0 ~ $ 5 t C 0 0 MILLION

OVER $ 5 BILLION

IN NEW YOKK CITY

OUTSIDE NEW YORK CITY

2.8

3 . 0

3 . 0

2 .8

3 . 3

3 . 1

(BY SIZE OF BANK) 2 /

2.8

3 . 5

3 . 1

2 . 7 2 . 6 2 . 6

2 . 6 2 . 6 2 . 6

2 . 8 2 . 8 2 . 9

3 . 0 3 . 2 3 . 2

2 . 8 2 . 8 . . 8

3 . 3 3 . 7 3 . 7

1 / INCLUDES CERTIFICATES IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY WEEKLY REPORTING BANKS.

2 / TOTAL ASSETS AS REPCjRTED IN THE CALL KEPORT OF CONDITION ON JUNE 3 0 , 1 9 7 5 .


TABLE 4B

AVERAGE MATURITY

OF

NEGOTIABLE TIME CERTIFICATES OF DEPOSIT 1 /

SOLD BY WEEKLY REPORTING BANKS

DURING THE MONTH OF VARIOUS SURVEYS

( IN MONTHS)

DATE OF SURVEY BANK CLASSIFICATION

30 JUN 1976 2 6 MAY 1 9 7 6 2 8 APR 19 76

(BY LOCATION)

ALL REPORTING BANKS

ISSUING CD 'S 2 . 4 2 . 5 2 . 9

NFW YORK CITY 3 . 0 2 . 8 3 . 0

CHICAGO 2 . 2 2 . 0 3 . S

OTHER 2 . 2 2 . * 2 . 6

(BY SIZE OF BANK) 2 /

UNDER $ 5 0 0 MILLION 2 . 4 2 . 1 2 . 4

S 5 0 0 - $ 1 , 0 0 0 MILLION 2 . 0 2 . 0 2 . 2

$ 1 , 0 0 0 - $ 5 , 0 0 0 MILLION 2 . 2 2 . 0 2 . 5

OVER $ 5 BILLION 2 . 6 2 . 9 3 . 3

IN NEW YORK CITY 3 . 1 2 . 9 3 . 1

OUTSIDE NEW YORK CITY 2 . 2 2 . 8 3 . 6

1 / INCtUDES CERTIFICATES IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE ISSUED BY WEEKLY REPORTING BANKS.

2 / TOTAL ASSETS AS REPORTED IN THE CALL REPORT OF CONDITION ON JUNE 3 0 , 1 9 7 5 .

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

TABLE 5A

RATIO OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT V

1 0 TOTAL DEPOSITS

AT VARIOUS SURVEY DATES

(PER CENT)

DATE OF SURVEY

TOTAL ASSETS 2 / U N MILLIONS OF DOLLARS) 30 J UN 1976 26 MAY 1976 28 APR 1 9 7 6

ALL BANKS ISSUING C D ' S

UNDER 50C

5 0 0 - 1 0 0 0

1 0 0 0 - *>000

OVER 5 0 0 0

IN NEW YORK CITY

OUTSIDE NEW YORK CITY



NOTE- DEPOSITS IN THE DENOMINATOR OF THE RATIO IN THIS TABLE ARE TOTAL DEMAND AND TIME DEPOSITS, INCLUDING INTERBANK AND U . S . GOVERNMENT DEPOSITS.

18.6 1 9 . 2 1 8 . 9

1 2 . 7

1 3 . 7

1 4 . 9

2 3 . 4

2 5 . 5

2 1 . 5

l j . 5

1 4 . 3

1 5 . 5

2 3 . 7

2 7 . 6

20.1

1 3 . 6

1 4 . 9

1 5 . 3

23.0 2 6 . 9

19 . 6


TABLE 5B

RATIO OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT U

TO TOTAL DEPOSITS

AS OF 30 JUN 1 9 7 6

(NUMBER OF BANKS)

TOTAL ASSETS 2 /

I I N MILLIONS OF DOLLARS#

S t OR

L E S S

ALL BANKS ISSUING CD'S 4 7

UNDER 5 0 0 17

5 0 0 - 1 0 0 0 1 5

1 0 0 0 - 5 0 0 0 1 5

OVER 5 0 0 0 0

IN NEW YORK CITY O

OUTSIDE NEW YORK CITY 0

5 TO

l o t

46

10 TO

1 5 t

4 0

2 1

12

13

0

O

0

13

11

13

3

1

2

15 TO

2 0 t

4 4

14

7

2 0

3

O

3

3 0

7

9

11

3

2

1

20 25% AVERAGE CD TO OR TO DEPOSIT

2 5* MORE RATIO (PER CENT!

34

7

8 11

8 4

4

18.8

1 2 . 7

1 3 . 7

1 4 . 9

2 3 . 4

2 5 . 5

2 1 . 5



NOTE- DEPOSITS IN THE DENOMINATOR OF THE RATIO I N THIS TABLE ARE TOTAL DEMAND AND TIME DEPOSITS, INCLUDING INTERBANK AND U . S . GOVERNMENT DEPOSITS.


TABLE 5C

PER CENT CHANGE IN OUTSTANDING NEGOTIABLE TIME CERTIFICATE OF DEPOSIT / I

2 6 MAY 1 9 7 6 TC 30 JUN 1 9 7 6

I NUMBER OF BANKS)

TOTAL ASSETS 2 /

U N M I L L I O N S OF DOLLARS!

ALL BANKS ISSUING CD 'S

DECLINES OF

CD'S TO l O t OR 5 TO 5% OR ZERO MORE 10% LESS

NO CHANGE

INCREASES OF ISSUED CD'S BUT

5 * OR 5 TO 10% OR HAD NONE OUT STAND-LESS l O t MORE ING ON BASE DATE

4 5

UNDER 5 0 0 0 19

5 0 0 - 1000 C 11

lOOO - 5 0 0 0 0 14

OVER 5 000 0 1

IN NEW YORK CITY 0 1

OUTSIDE NEW YORK CITY 0 0

27

12

t

7

2

1

1

5 0

13

18

17

2

I

0

t

1

1

0

0

0

4 3

13

8

l b

4

2

2

3 2

7

7

1 3

5

1

4

3 6

9

11

1 3

3

0

3

0

0

0

0

0

0



NOTE- THE NUMBER OF BANKS IN THIS TABLE DIFFERS FROM THOSE IN MOST OTHER TABLES TO THE EXTENT THAT BANKS THAT HAD OUTSTANDING CD'S ON THE LAST SURVEY REDUCED THEIR OUTSTANDINGS TO ZERO ON THIS SURVEY.


TABLE 5D

PER CENT CHANGE IN OUTSTANDING NEGOTIABLE TIME CERTIFICATE OF DEPOSIT / I

3 1 MAR 1 9 7 6 TO 30 JUN 1 9 7 6

(NUMBER OF BANKS)

TOTAL DEPOSITS / 2 REDU- DECLINES OF INCREASE OF ISSUED CED CD'S BUT HAD

( I N MILLIONS OF DOLLARS) C D ' S 2 5 * 2 0 1 5 10 5 5% NO 5 1 5 10 1 5 2 0 25% NONE TO OR TO TO TO TO OR OR TO TO TO TO OR OUTSTANDING

ZERO MORE 25% 20% 15% 10% LESS CHANGE LESS 10% 15% 20 % 25% MORE ON BASE DATE

ALL BANKS ISSUING C D ' S 0 25 15 14 3 0 3 7 3 6 5 20 19 18 5 5 10 2

UNDER 5 0 0 0 12 5 5 9 9 12 3 6 6 7 1 1 3 5 0 0 - 1 0 0 0 0 3 5 3 8 1 0 8 1 7 7 3 0 1 4 2

1 0 0 0 ~ 5 0 0 0 0 9 4 5 12 15 1 2 1 5 5 7 2 3 3 0

OVER 5 0 0 0 0 1 1 1 1 3 4 0 2 1 1 2 0 0 0

IN NEW YORK CITY 0 1 0 1 1 0 2 0 0 1 1 0 0 0 0

OUTSIDE NEW YORK CITY 0 0 1 0 0 3 2 0 2 C 0 2 0 0 0


2 / TOTAL ASSETS AS REPORTED IN THE CALL REPORT OF CONDITION CN JUNE 3 0 , 19 7 5 .

NOTE- THE NUMBER OF BANKS IN THIS TABLE DIFFERS FROM THOSE IN MOST OTHER TABLES TO THE EXTENT THAT BANKS THAT HAD OUTSTANDING CD'S ON THE SURVEY THREE MONTHS PRIOR TO THE CURRENT SURVEY, REDUCED THEIR OUTSTANDINGS TO ZERO.


TABLE 5E

CHANGE IN OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT 1 /

OVER THE MONTH AS A PER CENT OF TOTAL DEPOSITS

AT THE BEGINNING OF THE PERIOD

2 6 MAY 1976 TO 30 JUN 1976

(NUMBER OF BANKS)

TOTAL ASSETS 2 / DECLINES OF INCREASES OF

( IN MILLIONS OF DOLLARS) 3 * 2 1 I t NO 1% 1 2 3% AND TO TO AND CHANGE AND TO TO AND OVER 3% 2% LESS LEaS 23 3% OVER

ALL BANKS ISSUING CD'S 9 13 27 7 4 8 62 2 1 13 14

UNDER 500 5 7 8 23 6 20 4 3 3

5 0 0 - 1000 1 0 9 25 1 13 6 4 3

1 0 0 0 - 5 0 0 0 3 5 9 23 1 26 7 4 5

OVER 5 000 0 1 1 3 0 3 4 2 3

IN NEW YORK CITY 0 1 1 2 0 1 2 0 0

OUTSIDE NEW YORK CITY 0 0 0 1 0 2 2 2 3

1 / INCLUDES CERTIFICATES IN DENOMINATIONS OF 5 1 0 0 , 0 0 0 OR MORE ISSUED BY WEEKLY REPORTING BANKS.


NOTE- DEPOSITS IN THE DENOMINATOR OF IHE RATIO IN TMIS TABLE ARE 101AL DEMAND AND TIME DEPOSITS, INCLUDI INTERBANK AND U . S . GOVERNMENT DEPOSITS.


TAtiLE t A

CD 'S MATURING IN

AVERAGE MATURITY IN MONTHS 2 /

MATURITY DISTRIBUTION OF OUTSTANDING NEGOTIABLE TIME CERTIFICATES OF DEPOSIT 1 / AT WEEKLY REPORTING BANKS

BY FEDERAL RESERVE DISTRICT

AS OF 3 0 JUN 1976

(AMOUNTS IN MILLIONS OF DOLLARS)

ALL D I S -

TRICTS

1976 JUN 3 0 0 . 0

JUL 2 3 9 6 6 . 8

AUG 1 2 6 1 6 . 8

SEP 9 2 9 1 . 6

OCT 5 9 0 7 . 2

NOV 5 2 9 6 . 8

DEC 5 1 C 2 . 5

1 9 7 7 JAN 1 8 7 2 . 0

FEB 1 0 1 1 . 0

MAR 1 1 0 1 . 1

APR 1 0 9 5 . 9

MAY 4 5 2 . 6

JUN 72 5 . 3

JUL OF LATER 1 1 1 3 . 2

TOTAL * 7 0 5 5 4 . 8

BOSTON

0.0

1 0 5 8 . 0

5*#6.1

4 1 1 . 0

2 6 5 . 2

1 1 7 . 1

2 2 2 . 4

6 5 . 3

5 5 . 0

4 2 . 5

22 .6

8 . 9

2 5 . 9

1 1 5 . 7

2 9 5 5 . 7

NEW YORK

PHILA-DELPHIA

0.0

7 4 2 3 . 4

4 7 6 0 . 9

4 1 1 0 . 9

2 7 7 0 . 8

2 4 7 9 . 2

2 2 8 7 . 2

3 4 9 . 3

222.2

2 2 0 . 5

1 6 5 . 3

4 V . 9

1 4 9 . 2

4 6 5 . 3

2 5 4 7 4 . 1

0.0

1 0 6 3 . 7

5 3 4 . 9

3 5 2 . 2

2 7 2 . 2

218 .1

1 6 4 . 2

5 6 . 6

1 9 . 2

4 0 . 6

2 3 . 1

2 3 . 2

5 5 . 5

1 2 6 . 9

2 9 5 0 . 6

CLEVE-LAND

0.0

1 0 4 9 . 7

5 6 6 . 1

3 8 8 . 4

2 1 0 . 3

211 .1

2 4 2 . 4

6 9 . 1

5 2 . 3

5 2 . 9

7 7 . 6

2 6 . 9

3 5 . 3

3 1 5 . 8

3 3 3 7 . 9

2 . 9

NUMBER OF REPORTING BANKS 2 4 1

2.8

16

2 . 7 2 . 9

3 6 10

3 . 6

16

RICH-MOND

0. 0 7 0 9 . 4

3 6 6 . 4

2 6 4 . 7

1 3 7 . 4

1 5 4 . 6

1 4 0 . 8

5 3 . 0

2 0 . 4

1 7 . 0

1 7 . 1

9 . 7

4 0 . 7

3 5 . 0

1 9 6 6 . A

2 . 7

19

ATLANTA

0.0

9 4 9 . 7

5 3 0 . 7

2 9 9 . 1

2 0 6 . 1

2 3 7 . 0

1 7 5 . 7

9 1 . 0

3 2 . 4

5 3 . 9

4 4 . 6

2 4 . 8

3 2 . 6

5 7 . 5

2 7 3 5 . 1

2.8

2 3

C H I -CAGO

0.0

4 2 7 6 . 4

1 6 9 6 . 7

1 1 8 0 . 5

7 6 2 . 5

5 1 8 . 3

5 6 9 . 2

4 4 5 . 0

2 0 7 . 6

2 3 1 . 6

3 5 9 . 2

3 7 . 5

1 6 3 . 1

274 . 5

1 0 9 4 4 . 1

2.8

3 6

S I . LOUIS

0.0

2 5 6 . 7

1 5 6 . 3

1 2 3 . 8

6 3 . 7

6 7 . 4

7 9 . 6

3 6 . 0

1 3 . 0

16.6

16 . 4

6 . 4

1 3 . 4

3 9 . 5

8 9 7 . 0

3 . 3

M1NNE APOLIS

0.0

210.1

80.6 3 8 . 9

1 5 . 1

3 6 . 7

4 0 . 7

1 4 . 9

2 7 . 3

3 . 2

1.8

2.8

2 . 5

1 7 . 5

4 9 2 . 1

2.8

KANSAS CITY DALLAS

SAN FRAN-CISCO

0.0

6 5 0 . 9

2 8 5 . 6

1 6 4 . 6

1 0 5 . 2

7 0 . 5

5 7 . 4

3 9 . 6

1 9 . 2

2 8 . 3

2 9 . 0

20.0 21.0

5 5 . 3

1 5 4 6 . 6

2 . 7

0.0

1 5 3 2 . 5

7 9 4 . 4

5 1 3 . 7

302 . 0

2 0 0 . 3

260.6 126.1

66.2

5 2 . 6

1 1 4 . 4

3 6 . 0

4 3 . 7

1 3 3 . 9

4 1 9 6 . 6

2.8

0.0

4 7 8 2 . 3

2 0 5 6 . 1

1 4 4 3 . 6

9 8 8 . 3

8 2 2 . 3

5 0 4 . 1

2 7 6 . 2

3 3 6 . 6

2 2 4 . 6

20 4 . 5

1 4 2 . 4

4 7 6 . 3

1 3 0 5 8 . 4

11 18 2 3 28

1 / INCLUDES ONLY CERTIFICATES ISSUED IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE BY WEEKLY KFPORTING BANKS.

2 / SEE TECHNICAL APPENDIX fc.

* DETAILS MAY NOT ADD TO TOTALS DUL 10 ROUNDING.


TABLE 66 1/ 2 /

SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS MONTH WEEKLY REPORTING BANKS


AS OF 3 0 JUN 1 9 7 6

(AMOUNTS IN MILLIONS OF DOLLARS)

CD'S MATURING IN ALL D I S -

TRICTS BOSTON NEW YORK

PHILA-DELPHIA

CLEVE-LAND

R I C H -MOND ATLANTA

CHI-CAGO

ST. LOUIS

MINNE-APOLIS

KANSAS CITY DALLAS

" 1 * F R A W CISCO

1976 JUL 1 0 6 4 4 . 2 4 8 7 . 8 2 3 9 0 . 6 4 4 2 . 8 4 1 5 . 1 3 3 4 . 1 4 2 5 . 7 1 6 6 7 . 5 1 0 3 . ^ 1 2 5 . 0 3 7 4 . L 7 3 4 . ** 3 1 2 3 . 6

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

OCT 1 1 4 5 . 9 4 0 . 8 4 4 6 . 2 6 3 . 4 5 0 . 1 3 2 . 6 4 6 . 3 2 1 3 . 5 1 4 . 0 3 . 9 1 6 . 6 6 1 . 5 1 5 ^ . 8

NOV 1 2 4 5 . 3 2 4 . 0 5 3 5 . 0 7 3 . 0 6 5 . 7 2 6 . 2 7 4 . 3 1 2 0 . 3 2 3 . 1 to. 9 2 0 . 4 2 6 . 0 2 * 8 . 4

DEC 3 3 7 7 . 1 1 1 1 . 5 1 6 1 4 . 8 6 6 . 2 1 4 2 . 1 9 3 . 2 12 5 . 5 2 8 2 . 5 4 7 . 1 2 5 . 5 2 9 . 3 1 5 3 . 5 4 6 5 . 9

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

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

MAR 1 5 1 . 3 2 . 0 5 2 . 9 9 . 0 3 . 2 3 . 2 6 . 1 2 6 . 6 6 . 4 0 . 3 2 . 8 6 . 0 1 APR 4 0 . 1 3 . 4 3 . 9 4 . 7 0 . 4 0 . 3 0 . 3 1 7 . 7 1 . 0 0 . 3 l . o 1 . 6 1 MAY 7 8 . 9 2 . 9 1 1 . 0 1 . 7 9 . 0 2 . 9 7 . 0 1 2 . 4 2 . L 0 . 9 5 . 0 5 . 1 l t f . 4

JUN OR LATER 7 3 4 . 2 2 1 . 7 1 5 1 . 3 6 0 . 2 3 3 . 4 1 9 . 5 3 2 . 7 12 3 . 3 1 5 . 3 3 . 6 3 4 . 3 4 4 . z 1 9 4 . 5

TOTAL . * 2 6 1 4 5 . 9 1 1 3 8 . 5 8 4 3 5 . 2 1 0 9 6 . 6 1 1 1 2 . 7 79 0 . 6 1 0 6 6 . 9 4 0 5 1 . 3 3 5 7 . 1 2 0 9 . 0 7 1 1 . 5 1 7 1 2 . 9 5 4 4 3 . 4

AVERAGE MATURITY IN MONTHS 3 / 2 . 4 2 . 0 2 . 8 2 . 6 2 . 6 2 . 3 2 . 5 2 . 2 2 . 9 1 . 9 2 . 0 2 . 1 2 . 0

1 / SEE TECHNICAL APPENDIX A .

2 / INCLUDES ONLY CERTIFICATES ISSUED IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE BY WEEKLY KEPORTING BANKS.

3 / SEE TECHNICAL APPENDIX B .

* DETAILS MAY NOT ADD TO TOTALS DUE TO ROUNDING.


TABLE 6C



AS OF 30 JUN I t 7 6

(PERCENTAGE DISTRIBUTION)

C D ' S MATURING IN ALL SAN 0 1 S - NEW PHIL A CLEVE- R I C H - O i l - S T . M1NNE- KANSAS FRAN-

TRICTS BOSTON YORK DELPHIA LAND MOND ATLANTA CAGO LOUIS APOLIS CITY DALLAS CISCO

1 9 7 6 JUN 30 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 C . O 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0

JUL 3 4 . 0 3 5 . 8 2 9 . 1 3 6 . 1 3 1 . 4 3 6 . 1 3 4 . 7 3 9 . 1 2 6 . 6 4 2 . 7 4 2 . 1 3 6 . 5 3t>. 6

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

SEP 1 3 . 2 1 3 . 9 1 6 . 1 1 1 . 9 1 1 . 6 1 3 . 5 1 0 . V CO

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

NOV 7 . 5 4 . 0 9 . 7 7 . 4 6 . 3 7 . 9 6 . 7 * . 7 7 . 5 7 . 5 4 . 6 *t 6 7 . 6

DEC 7 . 2 7 . 5 9 . 0 5 . 6 7 . 3 7 . 2 6 . 4 5 . 4 8 . 9 6 . 3 3 . 7 6 . 7 o . 3

1 9 7 7 JAN 2 . 7 2 . 2 1 . 4 1 . 9 2 . 7 2 . 7 3 . 3 4 . 1 *t . 2 3 . 0 2 . 6 3 . 0 3 . 9

FEB 1 . 4 1 . 9 0 . 9 0 . 7 1 . 6 1 . 0 1 . 2 1 . 9 1 . 4 i>.5 1 . 2 1 . 6 * . 1

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

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

MAY 0 . 6 O . a 0 . 2 0 . 8 0 . 8 0 . 5 0 . 9 0 . 3 C . V 0 . 6 1 . 3 0 . 9 1 . 6

JUN 1 . 0 0 . 9 0 . 6 1 . 9 1 . 1 2 . 1 1 1 . 5 1 . 5 0 . 5 1 . 4 1 . 0 1 . 1

JUL OR LATER 3 . 0 3 . 9 1 . 8 t . 3 9 . 5 1 . 8 2 . 1 j . 3 4 . 4 5 . 6 3 . 6 3 . 2 3 g

TOTAL * 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 i o W

%/ INCLUDES ONLY CERTIFICATES ISSUED IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE BY WEEKLY REPORTING BANKS.

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

TABLE bC



AS OF 3 0 JUN 1976

(CUMULATIVE PERCENTAGE)

MATURING IN ALL D I S -

TRICTS BOSTON NEW YORK

PHILA-DELPHIA

CLEVE-LAND

RICH-MOND ATLANTA

C H I -CAGO

ST. LOUIS

MINNE APOLIS

KANSAS CITY DALLAS

SAN FRAN-CISCO

JUN 3 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 . 0 0 .0 0 . 0 0 . 0 0 . 0 0 . 0

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

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

SEP 6 5 . 1 6 8 . 2 6 4 . 0 6 6 . 1 t O. 6 6 a . 2 65 . 0 6 7 . 2 bO . 0 6 7 . 0 7 1 . 3 6 7 . 6 6->.5

OCT 7 3 . 5 7 7 . 2 7 4 . 9 7 5 . 3 66 . 9 7 5 . 2 7 2 . 5 7 4 . 2 6 7 . 1 7 G . 1 7 6 . 1 7 4 . 6 6 9 . 6

NOV 8 1 . 0 8 1 . Z 8 4 . 6 6 2 . 7 7 3 . 2 8 3 . 1 6 1 . 2 7 6 . 9 7 4 . 6 7 7 . 6 8 2 . 7 7 9 . 6 7 7 . 2

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

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

8 9 . 5

MAR 9 3 . 9 9 4 . 2 9 6 . 8 9 2 . 3 86.*$ 9 4 . 9 9 4 . 1 9 / . 4 9 1 . 2 9 5 . 1 9 2 . 0 9 2 . 2 9 2 . 1

APR 9 5 . 5 9 5 . 0 9 7 . 4 9 3 . 1 8 8 . 7 9 5 . 6 9 5 . 7 9 5 . 7 9 3 . 0 9 5 . d 9 3 . 9 9 4 . 9 9 3 . 6

MAY 9 6 . 1 9 5 . 3 9 7 . 6 9 3 . 9 6 9 . 5 9 6 . 3 9 6 . 6 9 6 . 0 9 a . 9 9 6 . 1 9 5 . 2 9 5 . 6 9 5 . 4

JUN 9 7 . 1 9 6 . 2 9 8 . 2 9 5 . 8 9 0 . t 9 6 . 4 97 . 6 9 7 o 9 5 . 4 9 6 . 6 9 6 . 6 9 6 . 6 9 6 . 5

JUL OR lATER 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0

1 / INCLUDES LNLY CERTIFICATES ISSUED IN DENOMINATIONS UF $ 1 0 0 , 0 0 0 OR MORI BY WEEKLY REPORTING BANKS.


TABLE 6E 1 / 2/

SALES OF NEGOTIABLE TIME CERTIFICATES OF DEPOSIT SINCE PREVIOUS MONTH WEEKLY REPORTING BANKS


AS OF 30 JUN 1976

(PERCENTAGE DISTRIBUTION)

C D ' S MATURING IN ALL D I S -

TRICTS BOSTON NEW PHI LA-YORK DEL PHI A

CLEVE-LAND

RI CH-MOND ATLANTA

C H I -CAGO

S T . LOUIS

MINNE-APOLIS

KANSAS CITY DALLAS

SAN FRAN-CISCO

1976 JUL 4 0 . 7 4 2 . 8 2 8 . 3 4 0 . 4 3 7 . 3 4 2 . 2 3 9 . 2 4 1 . 7 2 8 . 9 5 9 . 8 5 2 . 6 4 2 . 9 5 7 . 4

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

OCT 4 . 4 3 . 6 5 . 3 5 . 8 4 . 5 4 . 1 4 . 3 5 . 3 3 . 9 1 . 9 2 . 4 3 . 6 2 . 8

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

DEC 1 2 . 9 9 . 8 2 1 . 5 7 . 9 1 2 . 8 1 1 . 8 11 . 5 7 . 0 1 3 . 2 1 2 . 2 4 . 1 9 . 0 6 . 6

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

FEB 0 . 4 0 . 0 C . 2 0 . 6 1 . 8 0 . 7 0 . 9 0 . 1 0 . 4 O . j . 0 . 6 0 . 2 0 . 4

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

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

MAY 0 . 3 0 . 3 0 . 1 0 . 2 0 . 8 0 . 4 0 . 6 0 . 3 0 . 7 0 . 4 0 . 7 0 . 3 0 . 3

JUN OR LATER 2 . 8 1 . 9 1 . 8 5 . 5 3 . 0 2 . 5 3 . 0 3 . 0 4 . 3 1 . 6 4 . 8 2 . 6

TOTAL * 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0 . 0 1 C 0 . 0 1 0 0 . 0 1 0 0 . 0 1 0 0

1 / SEE TECHNICAL APPENDIX A.

2 / INCLUDES ONLY CERTIFICATES ISSUED IN DENOMINATIONS OF $ 1 0 0 , 0 0 0 OR MORE BY WEEKLY REPORTING BANKS.

NOTE - SALES IN THIS TABLE ARE NOT ADJUSTED FOR CD'S THAT HAVE MATURED.

* DETAILS MAY NOT ADD TO TuTALS DUE TO ROUNDING.


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. Some sales

are also lost by the method described above. Sales of CD's between the

survey dates that mature in the remaining days of the calendar month of the .

current survey are ignored. However, since the minimum maturity for time

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 out-

standings 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 current

survey is taken.


TECHNICAL NOTE B CALCULATION OP AVERAGE MATURITIES OF NEGOTIABLE TIMS CERTIFICATES OF DEPOSIT

OUTSTANDINGS

Average maturities of outstanding negotiable time certificates of deposit are calculated on a weighted .average basis All CD's are aeauoed to mature in the middle of the month and those CD's maturing in the survey monthafter 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*a outstanding and the starting date for calculations is the survey date.

A downward bias in the calculated average maturity developa 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 are 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 day a) are ignored.


Technical Note B (continued)

This procedure assumes all CD's sold between survey date# 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 comparlblllty 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 salee would

be lengthened relative to the average maturity of outstandings, by, in effect,

using an earlier starting date for sale# than for outstandings.

Salee of CD's maturing in a particular month are often a large

and highly variable proportion of total sales while change# in outstandings

due in any particular month are a small and rather stable proportion of the

*-eve*. 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. Thua. large chhfl in

the calculated average maturity of sales, or situations in which the average

maturity of sales differ sharply from the average maturity of outatandlnea.

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 Statiatic#, Board of Governor# of the Federal Reserve System.


Date post:	09-Nov-2015
Category:	Documents
Upload:	fedfraser
View:	217 times
Download:	0 times

l41_19760729.pdf

Documents