FEDERAL RESERVE statistical release

H.6 (508)
Table 1

MONEY STOCK MEASURES

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

Billions of dollars

February 13, 2003

Date

M11

M22

M33

Seasonally adjusted
2001-Feb.
Mar.
Apr.
May
June
July
Aug.
Sep.
Oct.
Nov.
Dec.

1100.2
1108.0
1106.3
1117.0
1126.1
1138.3
1149.7
1201.8
1164.5
1165.9
1173.4

5026.4
5079.3
5125.0
5149.8
5194.3
5228.6
5262.0
5372.7
5358.5
5399.0
5440.6

7270.9
7338.2
7454.9
7534.0
7621.3
7658.7
7667.6
7824.5
7858.9
7932.8
7993.5

2002-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sep.
Oct.
Nov.
Dec.

1179.7
1186.1
1188.1
1173.7
1184.4
1190.2
1197.4
1186.3
1192.5
1203.9
1203.4
1211.5

5464.4
5502.7
5503.5
5491.5
5557.3
5589.1
5638.0
5677.1
5703.5
5741.7
5778.7
5791.7

8004.7
8055.9
8068.3
8071.1
8135.0
8171.3
8220.9
8290.9
8333.5
8338.0
8455.3
8505.7

2003-Jan. p

1213.4

5820.2

8503.1

Not seasonally adjusted
2001-Feb.
Mar.
Apr.
May
June
July
Aug.
Sep.
Oct.
Nov.
Dec.

1087.5
1107.3
1122.6
1110.9
1123.0
1136.6
1141.9
1191.2
1155.4
1164.7
1203.5

5018.6
5110.1
5184.1
5121.5
5173.6
5203.3
5240.4
5355.0
5339.3
5402.9
5483.5

7301.2
7395.4
7512.1
7517.5
7597.2
7607.7
7617.9
7759.0
7803.3
7939.0
8065.2

2002-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sep.
Oct.
Nov.
Dec.

1185.9
1172.1
1189.8
1189.1
1178.7
1187.8
1195.0
1178.4
1182.5
1193.6
1202.0
1241.3

5471.7
5489.8
5538.4
5553.8
5525.7
5565.3
5609.3
5654.9
5681.3
5720.9
5793.1
5841.0

8046.5
8088.2
8133.7
8129.7
8113.0
8144.9
8167.7
8239.4
8258.6
8281.4
8471.0
8583.2

2003-Jan. p

1220.5

5829.2

8547.0

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 MEASURES
Percent change at seasonally adjusted annual rates
M1

M2

M3

3 Months from Oct. 2002 TO Jan. 2003

3.2

5.5

7.9

6 Months from July 2002 TO Jan. 2003

2.7

6.5

6.9

12 Months from Jan. 2002 TO Jan. 2003

2.9

6.5

6.2

Thirteen weeks ending February 3 , 2003
from thirteen weeks ending:
Nov. 4, 2002 (13 weeks previous)

5.2

6.2

8.1

Aug. 5, 2002 (26 weeks previous)

3.3

7.1

7.6

Feb. 4, 2002 (52 weeks previous)

3.1

6.6

6.4

Footnotes to Table 1:
1.

2.

3.

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.
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

1197.1
1198.3
1199.2

1207.1
1205.4
1202.2

1199.8
1200.3
1203.4

5720.5
5728.8
5736.0

5759.3
5769.5
5775.6

5774.6
5785.5
5781.8

8337.7
8351.0
8365.1

8370.3
8404.9
8439.6

8415.9
8472.5
8497.0

2
9
16
23
30

1200.4
1202.1
1203.7
1205.2
1206.1

1203.8
1204.9
1206.7
1209.9
1211.1

1211.5
1204.5
1207.3
1216.4
1216.1

5743.4
5750.7
5757.6
5764.4
5770.2

5781.9
5784.6
5785.3
5789.1
5791.7

5785.7
5785.2
5788.3
5797.0
5796.2

8379.2
8393.5
8406.9
8419.6
8432.2

8470.1
8491.4
8500.9
8503.3
8507.2

8495.0
8501.1
8510.4
8506.8
8510.5

2003-Jan.

6
13
20
27p

1207.1
1206.7
1207.1
1208.0

1211.2
1207.8
1207.1
1210.0

1204.9
1193.9
1213.4
1227.7

5775.7
5780.5
5786.7
5793.6

5793.3
5795.8
5802.9
5815.4

5791.8
5798.1
5825.3
5846.3

8444.1
8455.0
8467.8
8481.7

8499.9
8489.4
8487.9
8495.0

8471.8
8468.6
8500.5
8538.9

Feb.

3p

1210.8

1218.9

1240.7

5800.5

5830.1

5850.5

8495.8

8516.0

8555.8

2002-Nov. 11
18
25
Dec.

Not seasonally adjusted
2002-Nov. 11
18
25

1187.9
1189.2
1190.6

1199.3
1198.4
1196.1

1173.7
1190.0
1210.3

5701.4
5712.9
5723.3

5746.5
5766.6
5782.2

5784.9
5807.5
5766.6

8279.7
8299.3
8320.2

8330.2
8385.9
8441.6

8415.4
8501.3
8503.7

2
9
16
23
30

1193.2
1195.8
1199.5
1205.8
1211.6

1207.7
1213.4
1219.8
1231.5
1239.6

1256.6
1196.8
1215.5
1257.2
1288.9

5735.8
5745.4
5756.6
5771.1
5784.8

5795.7
5808.2
5820.5
5838.3
5840.2

5823.9
5834.8
5856.6
5837.7
5831.7

8342.8
8365.6
8390.6
8417.7
8444.3

8491.0
8532.3
8564.0
8582.8
8587.5

8543.7
8580.4
8628.0
8579.1
8562.4

2003-Jan.

6
13
20
27p

1217.1
1218.9
1220.6
1221.1

1249.4
1244.9
1234.6
1218.8

1236.0
1197.4
1216.2
1225.5

5796.3
5805.2
5813.5
5819.9

5849.6
5848.0
5847.5
5836.2

5872.5
5850.1
5835.7
5786.3

8465.5
8485.6
8507.4
8527.0

8576.0
8558.8
8554.3
8547.6

8534.3
8559.2
8561.3
8535.7

Feb.

3p

1223.8

1221.1

1245.3

5823.1

5820.9

5811.6

8543.3

8553.6

8558.2

Dec.

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
Currency1

Date

Travelers checks 2

Demand deposits3

2001-Sep.

567.5

8.4

365.6

139.3

At thrift
institutions5
121.0

Oct.
Nov.
Dec.

571.8
575.9
581.4

8.1
7.8
7.8

331.0
327.3
325.6

140.4
141.0
141.8

113.2
113.9
116.9

253.6
254.9
258.8

2002-Jan.
Feb.
Mar.

587.0
591.9
595.7

7.9
7.8
7.8

324.9
325.1
323.3

142.4
143.0
143.4

117.5
118.3
118.0

259.9
261.3
261.4

Apr.
May
June

599.8
604.6
609.0

7.7
7.8
8.2

305.2
306.5
305.6

143.6
145.3
145.8

117.4
120.2
121.6

261.0
265.5
267.4

July
Aug.
Sep.

613.3
615.9
617.8

8.5
8.3
7.9

304.5
289.6
292.0

148.0
149.5
151.1

123.0
123.0
123.6

271.1
272.5
274.8

Oct.
Nov.
Dec.

620.5
623.3
627.0

7.7
7.5
7.5

299.3
294.1
296.5

151.6
152.1
153.8

124.8
126.6
126.7

276.4
278.7
280.5

630.6

7.6

295.5

152.9

126.8

279.7

9
16
23
30

626.6
626.6
626.9
627.9

7.5
7.5
7.6
7.6

289.9
292.5
301.2
300.4

154.1
154.0
154.0
153.5

126.5
126.7
126.7
126.8

280.6
280.7
280.7
280.3

2003-Jan.

6
13
20
27p

628.7
628.9
630.7
632.2

7.7
7.7
7.6
7.6

290.2
282.8
298.1
304.5

152.0
151.4
150.8
153.1

126.5
123.2
126.0
130.3

278.4
274.6
276.9
283.4

Feb.

3p

633.4

7.6

310.7

158.2

130.8

289.0

At commercial banks4

2003-Jan. p
Week ending
2002-Dec.

1.
2.
3.
4.
5.

Total
260.3

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 deposits1
Date

At commercial
banks

Total

At commercial
banks

At thrift
institutions

Total

Retail
money
funds

Total
Non-M1 M2

2001-Sep.

1655.3

527.4

2182.8

663.4

345.8

1009.2

979.0

4170.9

Oct.
Nov.
Dec.

1665.9
1704.9
1734.5

540.5
552.4
569.0

2206.4
2257.3
2303.5

657.8
648.5
634.2

342.6
338.6
338.7

1000.4
987.1
972.9

987.3
988.7
990.7

4194.0
4233.1
4267.1

2002-Jan.
Feb.
Mar.

1764.5
1796.4
1805.1

580.1
598.3
612.3

2344.6
2394.7
2417.4

627.3
620.5
614.6

333.4
329.2
326.0

960.7
949.7
940.5

979.3
972.2
957.3

4284.6
4316.6
4315.3

Apr.
May
June

1822.1
1862.0
1884.8

624.2
632.4
641.4

2446.3
2494.5
2526.2

609.9
612.9
610.3

322.8
314.0
310.7

932.7
926.8
921.0

938.8
951.6
951.6

4317.8
4372.9
4398.8

July
Aug.
Sep.

1909.9
1955.5
1982.7

653.1
664.9
676.8

2563.0
2620.5
2659.5

606.3
602.0
596.0

308.7
306.7
304.3

915.0
908.7
900.2

962.5
961.7
951.3

4440.6
4490.8
4511.0

Oct.
Nov.
Dec.

2006.3
2041.2
2047.3

689.7
698.1
711.0

2696.0
2739.3
2758.4

590.9
586.3
580.9

302.3
300.4
299.0

893.2
886.8
879.9

948.5
949.2
942.0

4537.7
4575.2
4580.3

2079.1

723.8

2802.9

576.4

297.3

873.8

930.1

4606.7

9
16
23
30

2046.6
2047.1
2051.0
2045.6

706.3
710.2
710.1
719.1

2752.8
2757.3
2761.1
2764.7

582.7
581.5
580.0
579.0

299.6
299.1
298.6
298.3

882.4
880.6
878.7
877.3

945.5
943.1
940.8
938.1

4580.7
4581.0
4580.6
4580.1

2003-Jan.

6
13
20
27p

2063.1
2081.2
2087.0
2085.5

711.3
721.4
724.8
728.5

2774.3
2802.6
2811.8
2814.0

578.0
577.2
576.1
575.6

297.9
297.5
297.3
297.1

875.9
874.6
873.4
872.7

936.7
927.0
926.7
931.9

4586.9
4604.2
4611.9
4618.6

Feb.

3p

2075.8

734.8

2810.6

574.5

296.7

871.2

928.0

4609.8

2003-Jan. p
Week ending
2002-Dec.

1.
2.

At thrift
institutions

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
Billions of dollars

Date

Large-denomination time deposits1
At commercial
banks2

At thrift
institutions

Total

RPs3

Eurodollars4

Total
Non-M2 M3

2001-Sep.

1085.3

680.1

115.5

795.6

363.3

207.7

2451.8

Oct.
Nov.
Dec.

1149.4
1169.4
1189.7

671.6
666.5
670.8

115.5
114.2
114.9

787.1
780.7
785.7

360.2
376.7
375.0

203.7
207.0
202.5

2500.4
2533.8
2552.9

2002-Jan.
Feb.
Mar.

1174.5
1179.6
1184.6

675.1
677.9
681.8

115.4
115.4
115.1

790.5
793.3
796.9

373.0
372.8
374.5

202.3
207.6
208.8

2540.3
2553.3
2564.9

Apr.
May
June

1188.5
1188.1
1196.6

692.6
702.3
702.9

115.5
112.4
111.0

808.1
814.7
813.9

375.3
371.3
371.7

207.7
203.6
200.1

2579.6
2577.7
2582.3

July
Aug.
Sep.

1192.1
1191.2
1183.0

706.4
706.4
704.4

111.1
112.5
112.7

817.5
818.8
817.1

372.9
399.8
422.4

200.3
203.9
207.5

2582.9
2613.7
2630.0

Oct.
Nov.
Dec.

1142.2
1207.5
1232.9

710.7
703.5
685.1

113.5
115.0
116.4

824.2
818.4
801.5

420.7
440.1
468.6

209.2
210.6
211.0

2596.3
2676.6
2714.0

1196.7

697.5

117.6

815.1

459.3

211.9

2683.0

9
16
23
30

1243.3
1241.1
1226.4
1222.4

688.6
682.8
683.6
683.4

116.3
115.8
116.1
116.8

804.9
798.6
799.7
800.2

456.2
471.3
472.9
481.0

211.5
211.1
210.8
210.6

2715.9
2722.1
2709.9
2714.2

2003-Jan.

6
13
20
27p

1217.9
1195.3
1179.5
1199.9

678.4
689.6
703.6
704.2

117.5
117.0
117.6
118.1

795.9
806.6
821.1
822.3

456.4
454.6
460.8
459.7

209.7
214.1
213.8
210.6

2679.9
2670.5
2675.2
2692.6

Feb.

3p

1193.3

715.6

118.0

833.6

468.2

210.2

2705.3

2003-Jan. p
Week ending
2002-Dec.

1.
2.
3.
4.

Institutional
money funds

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.

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
Currency1

Date

Travelers checks2

Demand deposits3
At commercial banks4

566.2

8.3

361.5

135.5

Oct.
Nov.
Dec.

569.7
575.4
584.9

8.1
7.9
7.9

327.4
329.3
347.6

138.8
138.7
145.6

111.4
113.4
117.5

250.2
252.1
263.2

2002-Jan.
Feb.
Mar.

584.7
591.0
596.1

8.0
8.0
7.9

329.1
316.2
321.9

148.4
141.8
144.1

115.7
115.2
119.9

264.1
257.0
263.9

Apr.
May
June

599.6
605.1
610.4

7.9
7.9
8.0

309.2
299.8
301.8

149.3
144.9
144.2

123.1
121.0
123.4

272.4
265.9
267.6

July
Aug.
Sep.

615.3
616.3
616.1

8.2
8.1
7.8

303.3
287.0
289.3

145.9
145.8
147.4

122.3
121.2
121.9

268.2
267.0
269.3

Oct.
Nov.
Dec.

617.9
622.8
630.2

7.7
7.6
7.7

294.9
296.2
316.9

150.2
149.4
158.3

122.8
126.1
128.3

273.1
275.4
286.6

628.5

7.7

300.2

159.5

124.6

284.1

9
16
23
30

627.0
627.6
633.1
634.2

7.6
7.7
7.7
7.7

283.5
303.0
326.5
348.0

149.5
151.3
162.6
170.3

129.1
125.9
127.3
128.7

278.6
277.2
289.9
299.1

2003-Jan.

6
13
20
27p

631.1
627.5
628.1
627.7

7.7
7.7
7.7
7.7

307.2
285.6
299.8
304.1

159.1
152.8
158.6
163.5

130.8
123.8
122.0
122.5

289.9
276.6
280.6
286.0

Feb.

3p

629.7

7.7

315.8

164.5

127.6

292.1

Week ending
2002-Dec.

4.
5.

Total

2001-Sep.

2003-Jan. p

1.
2.
3.

At thrift
institutions5
119.7

255.3

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 deposits1
Date

At commercial
banks

Total

At commercial
banks

At thrift
institutions

Total

Total
Non-M1 M2

2001-Sep.

1655.8

527.6

2183.3

664.0

346.1

1010.1

970.4

4163.8

Oct.
Nov.
Dec.

1662.0
1710.8
1742.3

539.2
554.3
571.5

2201.2
2265.1
2313.8

659.0
650.3
635.2

343.3
339.5
339.2

1002.2
989.9
974.4

980.4
983.2
991.8

4183.9
4238.2
4280.0

2002-Jan.
Feb.
Mar.

1758.1
1787.6
1816.1

578.0
595.3
616.1

2336.2
2382.9
2432.2

627.8
620.7
613.8

333.7
329.3
325.5

961.5
950.0
939.3

988.1
984.8
977.1

4285.8
4317.7
4348.6

Apr.
May
June

1842.5
1852.9
1880.7

631.2
629.3
640.0

2473.7
2482.3
2520.7

608.7
611.9
609.1

322.2
313.5
310.1

930.9
925.4
919.3

960.1
939.4
937.5

4364.7
4347.0
4377.4

July
Aug.
Sep.

1899.2
1948.6
1979.4

649.4
662.6
675.6

2548.6
2611.1
2655.0

605.8
602.3
596.6

308.4
306.8
304.6

914.2
909.1
901.2

951.5
956.3
942.6

4414.3
4476.5
4498.8

Oct.
Nov.
Dec.

2002.0
2054.4
2059.9

688.2
702.6
715.4

2690.1
2757.0
2775.3

591.9
587.7
581.6

302.8
301.1
299.3

894.7
888.9
880.9

942.5
945.2
943.5

4527.3
4591.1
4599.7

2074.4

722.1

2796.6

576.6

297.4

874.0

938.1

4608.7

9
16
23
30

2085.9
2087.7
2048.8
2018.7

719.8
724.2
709.3
709.7

2805.8
2811.9
2758.1
2728.3

583.8
582.2
580.4
579.3

300.2
299.5
298.8
298.4

884.0
881.8
879.2
877.7

948.3
947.4
943.2
936.7

4638.0
4641.1
4580.5
4542.7

2003-Jan.

6
13
20
27p

2103.6
2108.8
2082.6
2034.2

725.2
731.0
723.3
710.6

2828.8
2839.8
2805.9
2744.9

578.9
577.7
576.2
575.1

298.3
297.7
297.4
296.8

877.2
875.4
873.5
871.9

930.5
937.5
940.0
944.0

4636.5
4652.7
4619.5
4560.8

Feb.

3p

2037.2

721.1

2758.3

574.2

296.6

870.8

937.1

4566.2

2003-Jan. p
Week ending
2002-Dec.

1.
2.

At thrift
institutions

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
Billions of dollars
Institutional
money funds

Date

At commercial
banks2
679.3

At thrift
institutions
115.3

Total

RPs3
At commercial
banks
305.2

At thrift
institutions
49.6

Total

Eurodollars4

Total
Non-M2 M3

354.8

204.3

2404.0

48.7
53.4
61.1

350.4
373.4
376.5

200.0
205.7
203.0

2464.0
2536.1
2581.7

300.3
301.1
301.9

75.3
80.4
76.9

375.6
381.5
378.8

203.1
211.3
213.0

2574.9
2598.4
2595.3

807.5
821.7
819.5

306.0
314.3
317.8

65.6
62.2
60.5

371.6
376.5
378.3

211.4
206.1
199.2

2576.0
2587.3
2579.6

111.1
112.1
112.7

817.5
816.2
817.4

316.1
339.4
358.1

57.8
57.8
53.0

373.8
397.2
411.1

197.3
200.4
204.7

2558.4
2584.5
2577.2

712.9
705.7
683.4

113.9
115.3
116.1

826.8
821.0
799.5

358.2
383.3
419.1

50.4
52.2
51.3

408.6
435.5
470.4

205.8
210.0
211.6

2560.5
2677.9
2742.2

1233.9

691.8

116.6

808.4

415.0

47.8

462.8

212.7

2717.8

9
16
23
30

1274.6
1285.9
1255.7
1236.7

686.7
684.6
683.8
679.4

116.0
116.1
116.1
116.1

802.8
800.8
799.9
795.5

404.5
420.3
425.3
436.5

53.6
54.0
50.1
47.1

458.0
474.4
475.4
483.6

210.2
210.4
210.4
214.8

2745.5
2771.4
2741.4
2730.7

2003-Jan.

6
13
20
27p

1206.6
1234.8
1233.1
1258.8

672.8
686.5
697.5
696.1

116.5
116.4
116.5
116.8

789.3
802.9
814.1
812.9

406.0
411.2
416.5
417.4

47.0
46.2
47.8
49.0

453.0
457.4
464.3
466.4

212.8
214.0
214.0
211.3

2661.7
2709.1
2725.6
2749.4

Feb.

3p

1231.4

709.6

117.0

826.5

428.3

49.9

478.2

210.5

2746.6

2001-Sep.

1050.2

Oct.
Nov.
Dec.

1126.2
1174.2
1217.7

671.9
668.3
669.7

115.6
114.5
114.7

787.5
782.8
784.4

301.7
320.0
315.5

2002-Jan.
Feb.
Mar.

1210.7
1215.4
1208.0

670.7
675.3
680.6

114.7
115.0
114.9

785.4
790.3
795.5

Apr.
May
June

1185.4
1183.1
1182.7

692.1
708.3
707.7

115.4
113.3
111.8

July
Aug.
Sep.

1169.8
1170.7
1144.1

706.3
704.1
704.7

Oct.
Nov.
Dec.

1119.2
1211.4
1260.7

2003-Jan. p
Week ending
2002-Dec.

1.
2.
3.
4.

Large-denomination time deposits1

794.6

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.

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

2001-Sep.

8.1

1.3

Time and
savings
deposits
due to
foreign
banks and
official
institutions
20.2

Oct.
Nov.
Dec.

8.2
8.4
8.5

1.6
1.4
1.5

19.2
18.8
18.4

2.6
2.8
4.1

5.2
5.1
5.3

27.8
22.5
27.2

35.6
30.4
36.5

11.5
11.1
10.7

160.3
160.3
160.2

95.5
95.1
94.7

167.4
166.5
165.6

423.2
421.8
420.5

2002-Jan.
Feb.
Mar.

8.6
8.7
8.8

1.3
1.3
1.1

18.2
18.1
18.1

3.5
2.6
2.7

7.0
4.9
5.6

39.2
33.0
16.9

49.7
40.5
25.1

11.5
13.0
14.6

160.0
159.8
159.7

95.3
96.3
97.3

164.9
164.3
163.8

420.2
420.5
420.7

Apr.
May
June

8.6
8.2
7.8

1.0
1.0
1.0

18.0
17.9
17.8

4.6
3.0
4.2

6.1
5.1
6.1

5.8
7.5
16.3

16.5
15.5
26.6

14.2
12.4
10.6

160.5
162.1
163.7

97.5
97.0
96.5

162.6 e
160.9 e
159.3 e

420.6 e
420.0 e
419.5 e

July
Aug.
Sep.

7.4
7.0
6.6

1.0
1.0
1.1

16.9
15.5
14.1

5.3
4.6
5.1

5.3
5.1
5.8

11.8
18.3
27.7

22.4
27.9
38.6

11.6
14.5
17.3

164.9
165.8
166.7

96.6
97.0
97.5

158.6 e
158.6 e
158.6 e

420.1 e
421.5 e
422.8 e

Oct.
Nov.
Dec.

6.4 e
6.4 e
6.4 e

1.1 e
1.1 e
1.1 e

13.5 e
13.5 e
13.5 e

3.1
3.2
3.8

4.9
5.0
4.9

18.6
16.1
15.3

26.5
24.3
24.0

18.4 e
18.4 e
18.4 e

167.3 e
167.8 e
168.2 e

97.7 e
97.7 e
97.7 e

158.6 e
158.6 e
158.6 e

423.6 e
424.1 e
424.5 e

6.4 e

1.1 e

13.5 e

3.9

5.8

13.2

22.8

18.4 e

168.6 e

97.8 e

158.6 e

425.0 e

9
16
23
30

3.5
4.1
3.7
3.7

3.8
5.5
5.3
5.1

0.5
9.0
25.4
21.9

7.8
18.6
34.4
30.7

2003-Jan.

6
13
20
27p

3.8
3.3
4.5
3.9

4.6
5.3
5.8
6.9

16.4
3.2
4.5
22.4

24.8
11.8
14.8
33.2

Feb.

3p

3.9

6.0

24.2

34.1

Demand deposits
at banks due to
Date

Foreign
commercial
banks

2003-Jan. p
Week ending
2002-Dec.

1.

Foreign
official
institutions

Source: Daily Treasury statement.

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

U.S. government deposits
Demand
deposits at
commercial
banks

Balance
at
Federal
Reserve

Note
balances at
depository
institutions1

Total
cash
balance

2.1

6.6

19.6

28.4

IRA and Keogh Accounts
Time and
savings
deposits at
commercial
banks
11.4

At
thrift
institutions

At
money
market
funds

Total

160.5

95.7

166.3

422.5

At
commercial
banks