Source: World Bank
Release: Global Financial Development
Liquid liabilities are also known as broad money, or M3. They are the sum of currency and deposits in the central bank (M0), plus transferable deposits and electronic currency (M1), plus time and savings deposits, foreign currency transferable deposits, certificates of deposit, and securities repurchase agreements (M2), plus travelers checks, foreign currency time deposits, commercial paper, and shares of mutual funds or market funds held by residents.
Source Code: GFDD.OI.07
World Bank, Liquid Liabilities (Broad Money) for Italy [DDOI07ITA648NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDOI07ITA648NWDB, September 24, 2016.