Source: International Monetary Fund  

Release: International Financial Statistics  

Units:  National Currency, Not Seasonally Adjusted

Frequency:  Monthly

M3 comprises notes and coins in circulation outside banking corporations; demand and savings deposits, fixed and installment savings deposits, time deposits, and certificates of deposit of households, nonfinancial corporations, local governments, securities companies, Tanshi companies, and some other financial corporations such as securities finance companies with depository corporations in national and foreign currency; and nonresident deposits with banking corporations in national currency. Beginning in April 2003, M3 comprises notes and coins in circulation outside depository corporations and demand and savings deposits, fixed and installment savings deposits, time deposits, and certificates of deposit of households, nonfinancial corporations, local governments, and some other financial corporations such as securities finance companies with depository corporations in national and foreign currency.

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