FEDERAL RESERVE statistical release

H.6 (508)
Table 1

MONEY STOCK AND DEBT MEASURES

For release at 4:30 p.m. Eastern Time

Billions of dollars

Date

October 11, 2001

M1 1

M2 2

M33

DEBT4

Seasonally adjusted
1999-Oct.
Nov.
Dec.

1097.0
1107.4
1124.8

4599.7
4625.9
4653.3

6357.5
6443.3
6527.9

17178.8
17239.4
17335.2

2000-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sep.
Oct.
Nov.
Dec.

1123.3
1109.2
1113.7
1117.9
1106.7
1105.3
1103.4
1099.4
1096.0
1096.1
1087.2
1088.2

4675.5
4690.9
4721.5
4759.7
4766.6
4787.8
4807.9
4838.0
4870.0
4891.4
4906.8
4945.1

6569.7
6602.9
6673.7
6725.1
6757.3
6807.6
6857.5
6917.7
6971.4
6995.7
7023.7
7108.4

17407.9
17465.9
17576.2
17676.4
17753.2
17834.6
17900.6
17962.7
18041.1
18090.6
18166.5
18249.8

2001-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sep. p

1099.5
1100.2
1112.8
1117.6
1116.9
1122.7
1135.4
1142.9
1178.4

4995.2
5040.3
5100.7
5146.3
5170.7
5214.2
5252.6
5284.9
5378.5

7210.1
7281.7
7351.9
7468.7
7555.8
7637.3
7677.9
7673.9
7800.4

18300.3
18380.7
18474.2
18552.4
18651.1
18747.1
18797.2
18871.4 p

Not seasonally adjusted
1999-Oct.
Nov.
Dec.

1095.3
1113.3
1148.3

4582.5
4620.8
4677.3

6326.7
6442.3
6565.4

17114.4
17208.5
17328.0

2000-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sep.
Oct.
Nov.
Dec.

1126.4
1096.8
1108.1
1124.9
1100.4
1102.6
1103.9
1095.8
1090.5
1093.5
1093.3
1112.4

4686.8
4687.8
4748.8
4817.4
4743.8
4769.2
4787.6
4820.0
4855.2
4868.9
4899.0
4973.7

6596.4
6627.4
6723.2
6783.7
6739.0
6782.0
6812.1
6880.6
6929.5
6953.6
7019.3
7153.4

17401.4
17452.0
17564.9
17642.0
17686.7
17763.1
17821.7
17887.2
17967.8
18027.4
18134.0
18239.4

2001-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sep. p

1099.7
1087.7
1107.5
1122.8
1110.9
1122.1
1135.3
1140.1
1173.3

5004.5
5039.1
5135.2
5210.3
5146.6
5196.9
5226.2
5264.3
5363.1

7240.4
7316.8
7414.3
7531.4
7531.8
7607.3
7619.5
7631.9
7752.8

18295.8
18370.8
18464.5
18512.8
18571.6
18662.6
18709.0
18788.2 p

Footnotes appear on the following page
p preliminary
Components may not add to totals due to rounding.

Page 2
H.6 (508)
Table 2

MONEY STOCK AND DEBT MEASURES
Percent change at seasonally adjusted annual rates
M1

M2

M3

DEBT1

3 Months from June 2001 TO Sep. 2001

19.8

12.6

8.5

4.7

6 Months from Mar. 2001 TO Sep. 2001

11.8

10.9

12.2

5.3

12 Months from Sep. 2000 TO Sep. 2001

7.5

10.4

11.9

5.1

11.9

9.9

8.4

Apr. 2, 2001 (26 weeks previous)

8.6

10.2

11.9

Oct. 2, 2000 (52 weeks previous)

4.9

9.6

11.6

Thirteen weeks ending October 1 , 2001
from thirteen weeks ending:
July 2, 2001 (13 weeks previous)

1.

Growth rates for debt are based on periods beginning and ending one month earlier than for the monetary aggregates, namely, May 2001 to August 2001, February 2001 to August 2001,
and August 2000 to August 2001, respectively.

Footnotes to Table 1:
1.

2.

3.

4.

Consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) travelers checks of nonbank issuers; (3) demand
deposits at all commercial banks other than those due to depository institutions, the U.S. government, and foreign banks and official institutions, less cash items in the
process of collection and Federal Reserve float; and (4) other checkable deposits (OCDs), consisting of negotiable order of withdrawal (NOW) and automatic transfer service
(ATS) accounts at depository institutions, credit union share draft accounts and demand deposits at thrift institutions. Seasonally adjusted M1 is calculated by summing
currency, travelers checks, demand deposits, and OCDs, each seasonally adjusted separately.
Consists of M1 plus savings deposits (including money market deposit accounts), small-denomination time deposits (time deposits—including retail RPs—in amounts of less
than $100,000), and balances in retail money market mutual funds. Excludes individual retirement account (IRA) and Keogh balances at depository institutions and money
market funds. Seasonally adjusted M2 is computed by summing savings deposits, small-denomination time deposits, and retail money fund balances, each seasonally
adjusted separately, and adding this result to seasonally adjusted M1.
Consists of M2 plus large-denomination time deposits (in amounts of $100,000 or more), balances in institutional money funds, RP liabilities (overnight and term) issued by all
depository institutions, and Eurodollars (overnight and term) held by U.S. residents at foreign branches of U.S. banks worldwide and at all banking offices in the United
Kingdom and Canada. Excludes amounts held by depository institutions, the U.S. government, money funds, and foreign banks and official institutions. Seasonally adjusted
M3 is calculated by summing large time deposits, institutional money fund balances, RP liabilities, and Eurodollars, each seasonally adjusted separately, and adding this
result to seasonally adjusted M2.
Debt: The debt aggregate is the outstanding credit market debt of the domestic nonfinancial sectors — the federal sector (U.S. government, not including governmentsponsored enterprises or federally related mortgage pools) and the nonfederal sectors (state and local governments, households and nonprofit organizations, nonfinancial
corporate and nonfarm noncorporate businesses, and farms). Nonfederal debt consists of mortgages, tax-exempt and corporate bonds, consumer credit, bank loans,
commercial paper, and other loans. The data, which are derived from the Federal Reserve Board’s flow of funds accounts, are break-adjusted (that is, discontinuities in the
data have been smoothed into the series) and month-averaged (that is, the data have been derived by averaging adjacent month-end levels). The presentation of the debt
data in this release differ, therefore, from the quarterly flow of funds statistics contained in the Federal Reserve releases Z.7 and Z.1. In those releases, published levels of
credit market debt are measured on a quarter-end basis and contain discontinuities.
Note: Current and historical H.6 data are available each week on the Federal Reserve Board's web site (http://www.federalreserve.gov/). Monthly data are available back to
January 1959, and weekly data are available back to January 1975 for most series. For information about individual copies or subscriptions, contact Publications Services
at the Federal Reserve Board (phone 202-452-3245, fax 202-728-5886). For paid electronic access to current and historical data, call STAT-USA at 1-800-782-8872 or
202-482-1986.

Page 3
H.6 (508)
Table 3

MONEY STOCK MEASURES
Billions of dollars
Seasonally adjusted
M1
Period ending

M2

M3

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

13-week
average

4-week
average

week
average

2001-July

9
16
23
30

1120.6
1121.8
1123.3
1124.6

1125.8
1128.0
1132.2
1134.6

1120.2
1133.3
1140.5
1144.2

5186.9
5194.4
5202.1
5211.5

5229.7
5236.8
5245.8
5251.9

5233.7
5255.4
5255.5
5263.1

7576.8
7593.0
7609.2
7622.7

7656.8
7665.5
7677.5
7676.8

7659.5
7685.6
7686.1
7676.0

Aug.

6
13
20
27

1126.9
1128.8
1130.6
1132.5

1139.1
1138.1
1138.6
1139.4

1138.4
1129.4
1142.5
1147.1

5220.7
5229.8
5238.2
5247.4

5261.9
5267.4
5275.5
5282.6

5273.5
5277.4
5288.1
5291.3

7636.1
7647.0
7653.3
7660.3

7680.6
7676.9
7668.3
7669.4

7674.5
7670.9
7651.9
7680.2

Sep.

3
10
17
24p

1135.6
1137.8
1145.2
1149.5

1148.0
1150.6
1170.1
1178.2

1173.1
1139.7
1220.4
1179.7

5255.3
5264.5
5280.7
5294.7

5289.2
5298.8
5336.1
5363.5

5299.9
5315.9
5437.4
5400.9

7667.5
7674.5
7688.2
7705.7

7678.1
7687.0
7731.3
7777.6

7709.4
7706.6
7828.8
7865.7

Oct.

1p

1152.5

1178.5

1174.1

5307.1

5388.5

5399.8

7718.9

7813.0

7851.0

Not seasonally adjusted
2001-July

9
16
23
30

1120.3
1120.3
1120.8
1122.3

1129.0
1130.3
1133.4
1133.1

1123.1
1126.1
1134.3
1148.9

5185.5
5183.8
5183.8
5189.2

5204.1
5210.6
5222.9
5224.6

5243.0
5239.5
5209.1
5206.6

7566.4
7570.6
7577.6
7585.7

7604.3
7608.0
7620.8
7618.0

7631.5
7640.8
7610.8
7588.7

Aug.

6
13
20
27

1125.0
1127.0
1129.1
1131.4

1135.7
1134.9
1136.5
1136.5

1133.3
1122.9
1140.7
1149.2

5198.0
5207.2
5216.5
5225.7

5231.1
5238.4
5252.8
5262.9

5269.0
5269.0
5266.5
5247.1

7596.7
7606.4
7611.8
7617.2

7619.8
7620.7
7620.2
7628.4

7638.9
7644.3
7608.7
7621.7

Sep.

3
10
17
24p

1134.8
1137.0
1143.9
1147.6

1147.0
1149.7
1167.3
1172.5

1175.3
1133.7
1210.8
1170.1

5232.6
5242.3
5259.4
5273.9

5268.9
5285.1
5327.5
5352.8

5292.8
5333.8
5436.3
5348.2

7621.6
7626.9
7640.5
7656.9

7638.1
7652.2
7700.7
7738.6

7677.6
7700.6
7802.8
7773.5

Oct.

1p

1149.5

1172.4

1175.1

5285.9

5368.7

5356.4

7669.3

7759.6

7761.4

Note: Special caution should be taken in interpreting week-to-week changes in money supply data, which are highly volatile and subject to revision.
p preliminary data.
Components may not add to totals due to rounding.

Page 4
H.6 (508)
Table 4

SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars
Other checkable deposits
Currency 1

Date

Travelers checks2

Demand deposits3

2000-May
June

518.7
520.9

8.3
8.8

336.5
333.5

135.8
134.3

At thrift
institutions5
107.3
107.7

July
Aug.
Sep.

522.4
523.5
524.7

9.3
9.3
8.9

332.0
326.1
323.2

132.0
133.3
132.3

107.6
107.2
106.9

239.6
240.5
239.2

Oct.
Nov.
Dec.

526.3
527.6
529.9

8.4
8.0
8.0

321.4
313.5
311.3

134.7
133.2
134.7

105.5
104.9
104.3

240.1
238.1
239.0

2001-Jan.
Feb.
Mar.

534.5
537.7
539.8

8.1
8.0
7.9

315.0
313.1
316.1

136.7
133.2
136.1

105.2
108.3
113.0

241.9
241.5
249.1

Apr.
May
June

542.4
545.8
548.1

7.8
8.0
8.2

312.4
311.7
310.0

139.6
137.0
137.4

115.4
114.5
119.0

255.0
251.4
256.4

July
Aug.
Sep. p

553.7
562.4
567.6

8.6
8.8
8.4

312.7
314.4
345.5

140.0
136.6
136.6

120.3
120.8
120.2

260.2
257.4
256.8

6
13
20
27

559.5
560.8
562.4
564.6

9.0
8.9
8.8
8.7

313.6
306.5
314.0
315.5

132.0
130.9
137.0
141.5

124.3
122.2
120.3
116.7

256.3
253.1
257.2
258.2

Sep.

3
10
17
24p

565.6
565.3
567.9
569.1

8.5
8.5
8.4
8.4

331.1
310.6
387.9
349.4

144.9
133.3
133.9
136.8

122.9
122.0
122.2
115.9

267.8
255.3
256.1
252.7

Oct.

1p

569.2

8.4

338.9

139.1

118.5

257.6

At commercial banks4

Week ending
2001-Aug.

1.
2.
3.
4.
5.

Total
243.2
242.0

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.
Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers checks issued by depository institutions are included in demand deposits.
Demand deposits at commercial banks and foreign-related institutions other than those due to depository institutions, the U.S. government and foreign banks and official
institutions, less cash items in the process of collection and Federal Reserve float.
Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.
Consists of NOW and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts.

e estimated
p preliminary
Components may not add to totals due to rounding.

Page 5
H.6 (508)
Table 5

SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars
Small-denomination time deposits2

Savings deposits 1
Date

At thrift
institutions

Total

At commercial
banks

At thrift
institutions

Total

Retail
money
funds

Total
Non-M1 M2

2000-May
June

1322.2
1331.4

452.5
452.1

1774.7
1783.5

666.8
676.0

327.5
329.6

994.3
1005.6

890.9
893.5

3659.9
3682.5

July
Aug.
Sep.

1345.3
1362.1
1383.6

452.4
454.8
454.8

1797.7
1816.9
1838.4

681.3
686.4
689.2

333.0
337.0
339.5

1014.3
1023.4
1028.8

892.6
898.3
906.8

3704.5
3738.6
3774.0

Oct.
Nov.
Dec.

1389.3
1402.7
1421.7

456.4
455.0
451.9

1845.7
1857.7
1873.5

691.5
694.5
699.5

342.2
344.8
346.6

1033.6
1039.3
1046.2

916.0
922.6
937.2

3795.3
3819.6
3856.9

2001-Jan.
Feb.
Mar.

1438.0
1467.6
1491.7

452.0
462.1
471.2

1890.0
1929.7
1962.9

702.7
699.9
695.8

349.8
350.4
349.3

1052.5
1050.3
1045.1

953.2
960.1
979.8

3895.7
3940.1
3987.9

Apr.
May
June

1517.2
1540.2
1564.6

475.4
488.3
498.5

1992.6
2028.5
2063.1

691.0
686.6
680.6

350.5
353.9
353.1

1041.5
1040.4
1033.7

994.6
984.8
994.7

4028.7
4053.8
4091.5

July
Aug.
Sep. p

1580.6
1612.8
1653.5

508.1
518.6
529.0

2088.8
2131.4
2182.5

671.9
666.4
660.8

350.2
346.6
344.8

1022.1
1013.0
1005.6

1006.4
997.6
1012.0

4117.2
4142.0
4200.1

6
13
20
27

1611.1
1619.0
1617.5
1610.9

511.2
516.0
520.1
524.5

2122.3
2135.0
2137.6
2135.4

668.7
667.6
666.2
665.0

347.5
346.9
346.5
346.1

1016.3
1014.5
1012.7
1011.1

996.5
998.6
995.3
997.7

4135.1
4148.1
4145.7
4144.2

Sep.

3
10
17
24p

1596.1
1646.4
1678.3
1660.8

520.0
523.9
530.1
533.5

2116.0
2170.4
2208.3
2194.3

663.5
662.7
660.3
659.1

345.6
345.1
344.5
344.4

1009.1
1007.8
1004.9
1003.5

1001.7
998.0
1003.8
1023.5

4126.8
4176.2
4217.0
4221.2

Oct.

1p

1656.1

535.3

2191.4

659.8

344.5

1004.4

1030.0

4225.7

Week ending
2001-Aug.

1.
2.

At commercial
banks

Savings deposits include money market deposit accounts.
Small-denomination time deposits—including retail RPs—are those issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial banks and
thrifts are subtracted from small time deposits.

p preliminary
Components may not add to totals due to rounding.

Page 6
H.6 (508)
Table 6

SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3 AND DEBT
Billions of dollars
Institutional
money funds

Date

3.
4.
5.

At commercial
banks 2

At thrift
institutions

Debt components5
RPs3

Eurodollars4

Total

Total
Non-M2 M3

Federal

Non-Federal

2000-May
June

673.0
683.9

680.8
690.6

93.7
95.5

774.5
786.1

352.4
359.3

190.8
190.6

1990.7
2019.8

3546.3
3521.9

14206.9
14312.7

July
Aug.
Sep.

705.9
721.7
738.9

696.1
707.2
704.8

98.0
100.1
101.6

794.1
807.3
806.4

362.4
361.1
363.6

187.2
189.6
192.5

2049.6
2079.6
2101.4

3510.8
3488.8
3474.4

14389.9
14473.9
14566.7

Oct.
Nov.
Dec.

745.4
753.6
769.3

699.3
703.5
726.5

103.3
103.7
103.2

802.6
807.2
829.7

364.3
361.2
367.2

191.9
194.9
197.1

2104.3
2116.9
2163.2

3445.1
3418.9
3400.4

14645.5
14747.7
14849.5

2001-Jan.
Feb.
Mar.

802.3
860.2
889.4

740.3
704.9
677.3

106.1
106.7
106.9

846.4
811.5
784.2

364.9
356.8
351.6

201.3
212.9
226.1

2214.9
2241.3
2251.2

3380.7
3372.9
3376.8

14919.6
15007.8
15097.4

Apr.
May
June

921.0
972.7
1008.5

698.3
706.4
712.0

108.8
110.7
109.9

807.1
817.1
821.9

374.2
377.5
378.0

220.1
217.8
214.8

2322.4
2385.1
2423.1

3349.2
3305.9
3313.7

15203.2
15345.2
15433.4

July
Aug.
Sep. p

1015.3
997.6
1041.6

705.1
690.1
687.2

111.7
114.4
115.5

816.7
804.5
802.7

374.1
370.3
357.8

219.3
216.6
219.7

2425.3
2389.0
2421.9

3327.9
3349.0 p

15469.3
15522.3 p

6
13
20
27

992.1
995.2
981.3
1008.2

696.1
691.9
685.6
686.8

113.5
114.0
114.6
115.1

809.6
805.8
800.2
801.8

380.4
374.4
366.7
366.4

218.9
218.0
215.6
212.4

2401.0
2393.4
2363.8
2388.9

Sep.

3
10
17
24p

1020.1
1004.7
1008.8
1089.4

693.3
696.2
689.4
675.5

115.1
115.4
115.4
115.3

808.4
811.6
804.8
790.9

361.4
357.9
356.6
361.5

219.6
216.5
221.3
223.1

2409.5
2390.7
2391.5
2464.8

Oct.

1p

1079.2

684.9

116.3

801.3

353.2

217.6

2451.3

Week ending
2001-Aug.

1.
2.

Large-denomination time deposits1

Large-denomination time deposits are those issued in amounts of $100,000 or more, excluding those booked at international banking facilities.
Large-denomination time deposits at commercial banks less those held by money market mutual funds, depository institutions, U.S. government, and foreign banks and
official institutions.
Overnight and term RPs of $100,000 or more issued by depository institutions, excluding those held by depository institutions and by money funds.
Overnight and term Eurodollars issued to U.S. addressees by foreign branches of U.S. banks worldwide and by all banking offices in the United Kingdom and Canada,
excluding those held by depository institutions and by money funds.
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities.

p preliminary
Components may not add to totals due to rounding.

Page 7
H.6 (508)
Table 7

NOT SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars
Other checkable deposits
Currency 1

Date

Travelers checks2

Demand deposits3

2000-May
June

518.7
521.0

8.4
8.7

331.0
331.1

135.6
134.3

At thrift
institutions5
106.7
107.6

July
Aug.
Sep.

523.1
522.5
523.3

8.9
8.9
8.7

333.7
325.9
321.4

130.7
131.9
131.0

107.5
106.6
106.1

238.1
238.5
237.1

Oct.
Nov.
Dec.

524.9
528.2
535.2

8.4
8.2
8.1

321.5
318.8
326.6

133.5
132.6
135.9

105.3
105.6
106.6

238.8
238.2
242.5

2001-Jan.
Feb.
Mar.

532.3
536.2
539.8

8.2
8.2
8.0

315.1
304.1
311.0

138.9
132.9
136.4

105.2
106.3
112.4

244.1
239.2
248.7

Apr.
May
June

542.9
545.9
548.8

7.9
8.0
8.0

312.4
306.5
308.8

142.4
136.8
137.4

117.2
113.7
119.1

259.5
250.5
256.5

July
Aug.
Sep. p

554.4
561.6
565.9

8.2
8.4
8.3

314.0
314.6
344.5

138.6
135.2
135.3

120.0
120.2
119.4

258.6
255.5
254.6

6
13
20
27

560.4
561.4
561.5
561.9

8.6
8.5
8.4
8.3

309.7
303.6
316.2
321.2

130.4
128.5
135.5
141.1

124.2
121.0
119.2
116.5

254.7
249.5
254.7
257.7

Sep.

3
10
17
24p

564.8
565.0
565.9
565.8

8.3
8.3
8.3
8.3

334.5
307.3
383.9
346.1

144.1
131.5
132.3
135.7

123.6
121.7
120.4
114.3

267.7
253.1
252.7
250.0

Oct.

1p

566.1

8.3

343.8

138.3

118.6

256.9

At commercial banks4

Week ending
2001-Aug.

1.
2.
3.
4.
5.

Total
242.3
241.9

Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.
Outstanding amount of U.S. dollar-denominated travelers checks of nonbank issuers. Travelers checks issued by depository institutions are included in demand deposits.
Demand deposits at commercial banks and foreign-related institutions other than those due to depository institutions, the U.S. government and foreign banks and official
institutions, less cash items in the process of collection and Federal Reserve float.
Consists of NOW and ATS balances at commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations.
Consists of NOW and ATS balances at thrifts, credit union share draft balances, and demand deposits at thrifts.

e estimated
p preliminary
Components may not add to totals due to rounding.

Page 8
H.6 (508)
Table 8

NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars
Small-denomination time deposits2

Savings deposits 1
Date

At thrift
institutions

Total

At commercial
banks

At thrift
institutions

Total

Total
Non-M1 M2

2000-May
June

1318.6
1332.5

451.3
452.5

1769.8
1785.0

664.8
672.7

326.5
328.0

991.3
1000.7

882.3
880.9

3643.4
3666.6

July
Aug.
Sep.

1345.1
1357.1
1381.2

452.3
453.1
454.1

1797.4
1810.3
1835.3

679.6
685.5
689.3

332.2
336.6
339.6

1011.9
1022.1
1028.9

874.3
891.8
900.6

3683.6
3724.2
3764.8

Oct.
Nov.
Dec.

1379.9
1398.4
1426.4

453.3
453.7
453.4

1833.2
1852.1
1879.8

692.5
695.9
699.8

342.7
345.5
346.8

1035.2
1041.4
1046.6

907.0
912.2
935.0

3775.4
3805.7
3861.3

2001-Jan.
Feb.
Mar.

1435.7
1459.3
1498.6

451.3
459.5
473.4

1887.0
1918.9
1972.0

703.9
702.2
697.6

350.4
351.6
350.2

1054.3
1053.8
1047.8

963.5
978.8
1007.9

3904.8
3951.5
4027.7

Apr.
May
June

1542.3
1535.7
1567.1

483.3
486.9
499.4

2025.6
2022.7
2066.5

691.5
684.3
676.9

350.7
352.7
351.2

1042.3
1037.0
1028.1

1019.6
976.0
980.2

4087.5
4035.7
4074.8

July
Aug.
Sep. p

1579.2
1606.7
1651.5

507.7
516.6
528.4

2086.9
2123.3
2179.9

670.1
665.6
661.0

349.2
346.2
344.9

1019.4
1011.8
1005.9

984.7
989.0
1004.0

4090.9
4124.2
4189.8

6
13
20
27

1624.9
1625.4
1608.3
1580.2

515.6
518.1
517.1
514.5

2140.4
2143.4
2125.4
2094.7

667.6
666.6
665.5
664.4

346.9
346.4
346.1
345.8

1014.4
1013.0
1011.6
1010.2

980.9
989.6
988.8
993.0

4135.8
4146.1
4125.8
4098.0

Sep.

3
10
17
24p

1595.1
1666.9
1687.6
1635.8

519.6
530.5
533.0
525.5

2114.8
2197.3
2220.6
2161.3

663.4
662.8
660.5
659.2

345.6
345.2
344.6
344.5

1009.0
1008.0
1005.2
1003.7

993.8
994.7
999.8
1013.1

4117.5
4200.1
4225.5
4178.2

Oct.

1p

1633.7

528.0

2161.7

660.4

344.9

1005.3

1014.2

4181.2

Week ending
2001-Aug.

1.
2.

At commercial
banks

Retail
money
funds

Savings deposits include money market deposit accounts.
Small-denomination time deposits—including retail RPs—are those issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial banks and
thrifts are subtracted from small time deposits.

p preliminary
Components may not add to totals due to rounding.

Page 9
H.6 (508)
Table 9

NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3 AND DEBT
Billions of dollars
Institutional
money funds

Date

5.

Eurodollars 4

2000-May
June

664.1
670.0

July
Aug.
Sep.

685.7
710.6
722.5

694.6
702.6
700.4

97.8
99.4
101.0

792.4
802.0
801.4

303.1
299.5
299.5

Oct.
Nov.
Dec.

735.9
757.4
787.2

696.3
704.6
725.8

102.8
103.8
103.1

799.1
808.5
828.9

2001-Jan.
Feb.
Mar.

829.2
890.3
907.1

734.0
705.3
682.7

105.1
106.7
107.7

Apr.
May
June

916.9
958.9
986.9

703.1
712.2
715.1

988.0
983.7
1020.1

6
13
20
27

Sep.

Oct.

Week ending
2001-Aug.

3.
4.

RPs3

At commercial
banks2
686.3
693.3

At thrift
institutions
94.5
95.9

780.8
789.2

At commercial
banks
299.1
304.8

Total

At thrift
institutions
58.2
58.0

Total
Non-M2 M3

Total

Debt components5
Federal

Non-Federal

357.3
362.8

193.1
190.8

1995.3
2012.7

3514.0
3475.5

14172.7
14287.5

58.8
61.0
60.7

361.9
360.5
360.3

184.6
187.5
190.2

2024.5
2060.6
2074.3

3448.3
3437.6
3426.4

14373.4
14449.6
14541.4

299.5
302.1
305.9

59.6
58.3
58.2

359.2
360.4
364.1

190.5
194.1
199.5

2084.7
2120.3
2179.7

3395.3
3401.2
3403.5

14632.1
14732.8
14835.9

839.2
812.0
790.4

306.6
301.5
296.1

57.7
59.9
58.3

364.3
361.4
354.4

203.2
214.1
227.2

2235.8
2277.7
2279.1

3373.2
3368.7
3392.5

14922.7
15002.1
15071.9

109.6
111.6
110.4

812.7
823.9
825.5

311.5
323.0
324.0

59.3
59.7
58.7

370.7
382.7
382.7

220.7
219.8
215.3

2321.1
2385.2
2410.4

3342.7
3267.9
3260.4

15170.1
15303.7
15402.2

703.3
686.1
682.5

111.4
113.7
114.8

814.7
799.8
797.3

315.7
313.5
304.9

58.3
56.4
50.2

374.0
369.9
355.1

216.7
214.3
217.3

2393.3
2367.7
2389.8

3257.7
3291.0 p

15451.3
15497.1 p

965.7
981.7
970.7
1002.7

694.5
689.3
680.3
680.9

113.2
113.6
113.7
114.1

807.7
802.9
794.0
794.9

323.1
319.3
308.6
308.1

57.4
57.3
56.5
55.9

380.5
376.7
365.1
364.1

215.9
214.1
212.4
212.9

2369.8
2375.3
2342.2
2374.6

3
10
17
24p

1003.4
992.3
993.8
1060.6

688.7
691.0
684.0
671.6

114.3
114.5
114.5
114.7

803.0
805.5
798.4
786.2

307.0
302.7
304.0
309.6

53.8
53.8
51.3
48.7

360.8
356.4
355.3
358.3

217.6
212.6
218.9
220.2

2384.8
2366.8
2366.5
2425.3

1p

1044.4

681.1

115.7

796.7

302.0

44.7

346.7

217.2

2405.0

July
Aug.
Sep. p

1.
2.

Large-denomination time deposits1

Large-denomination time deposits are those issued in amounts of $100,000 or more, excluding those booked at international banking facilities.
Large-denomination time deposits at commercial banks less those held by money market mutual funds, depository institutions, U.S. government, and foreign banks and
official institutions.
Overnight and term RPs of $100,000 or more issued by depository institutions, excluding those held by depository institutions and by money funds.
Overnight and term Eurodollars issued to U.S. addressees by foreign branches of U.S. banks worldwide and by all banking offices in the United Kingdom and Canada,
excluding those held by depository institutions and by money funds.
Debt data are on a monthly average basis, derived by averaging adjacent end-of-month levels, and have been adjusted to remove discontinuities.

p preliminary
Components may not add to totals due to rounding.

Page 10
H.6 (508)
Table 10

MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted

2000-May
June

9.1
9.4

1.2
1.3

Time and
savings
deposits
due to
foreign
banks and
official
institutions
28.6
29.5

July
Aug.
Sep.

9.2
8.6
8.0

1.3
1.2
1.2

29.8
29.5
29.2

1.2
1.1
2.5

5.2
5.0
6.7

37.4
9.5
22.0

43.8
15.7
31.1

Oct.
Nov.
Dec.

8.2
9.0
9.9

1.2
1.4
1.6

29.4
29.9
30.5

1.4
1.2
1.5

5.3
5.1
5.8

13.2
10.6
11.6

2001-Jan.
Feb.
Mar.

9.5
8.4
7.3

1.5
1.4
1.3

32.1
34.2
36.4

2.6
1.2
1.2

6.7
4.9
5.4

Apr.
May
June

6.9
7.3
7.7

1.2
1.2
1.1

35.5
31.8
28.1

4.7
1.1
2.0

July
Aug.
Sep. p

7.8 e
7.8 e
7.8 e

1.0 e
1.0 e
1.3 e

26.5 e
26.5 e
26.5 e

Demand deposits
at banks due to
Date

Foreign
commercial
banks

Foreign
official
institutions

U.S. government deposits
Demand
deposits at
commercial
banks

Balance
at
Federal
Reserve

Note
balances at
depository
institutions1

Total
cash
balance

1.5
2.3

7.1
6.2

57.5
37.0

66.0
45.6

IRA and Keogh Accounts
Time and
savings
deposits at
commercial
banks
5.6
5.7

At
commercial
banks

At
thrift
institutions

At
money
market
funds

Total

150.2
151.7

92.5
92.5

140.9
140.3

383.6
384.4

5.8
6.0
6.2

153.1
154.3
155.6

92.6
92.8
93.1

140.4
141.1
141.9

386.0
388.3
390.5

20.0
16.9
18.9

6.3
6.3
6.3

156.3
156.6
156.8

93.2
93.3
93.3

142.2
142.1
142.1

391.7
392.0
392.2

36.5
16.0
6.4

45.7
22.1
13.0

6.8
7.4
8.1

157.7
158.8
160.0

93.9
95.0
96.2

142.1 e
142.1 e
142.1 e

393.6 e
395.9 e
398.3 e

5.9
5.1
5.6

18.8
25.7
15.2

29.4
31.9
22.8

8.7
9.2
9.7

160.7
161.0
161.2

96.4
95.9
95.3

142.1 e
142.1 e
142.1 e

399.2 e
398.9 e
398.6 e

1.1
1.1
2.2

5.1
5.0
6.6

19.9
26.7
19.6

26.1
32.8
28.4

9.9 e
9.9 e
9.9 e

161.5 e
162.0 e
162.4 e

95.2 e
95.3 e
95.5 e

142.1 e
142.1 e
142.1 e

398.8 e
399.4 e
399.9 e

6
13
20
27

1.0
1.0
1.3
1.1

4.6
5.2
5.2
5.1

11.1
13.7
29.1
45.1

16.8
19.9
35.5
51.3

Sep.

3
10
17
24p

1.0
1.5
2.8
2.9

5.4
5.1
5.9
7.5

22.1
4.3
12.4
35.6

28.5
10.8
21.1
45.9

Oct.

1p

1.9

9.0

37.4

48.3

Week ending
2001-Aug.

1. Source: Daily Treasury statement.
e estimated
p preliminary
Components may not add to totals due to rounding.