Categories > Money, Banking, & Finance > Monetary Data > M2 and Components
Small Time Deposits - Total (STDSL)
Observation:
Mar 2018: 430.9 (+ more)Updated: Apr 19, 2018
Mar 2018: | 430.9 | |
Feb 2018: | 420.6 | |
Jan 2018: | 414.8 | |
Dec 2017: | 408.6 | |
Nov 2017: | 404.8 | |
View All |
Units:
Billions of Dollars,Seasonally Adjusted
Frequency:
MonthlySmall Time Deposits - Total
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Source: Board of Governors of the Federal Reserve System (US)
Release: H.6 Money Stock Measures
Units: Billions of Dollars, Seasonally Adjusted
Frequency: Monthly
Notes:
The small-denomination time deposits component of M2 includes time deposits at banks and thrifts with balances less than $100,000. The small-denomination time deposit component of M2 excludes individual retirement account (IRA) and Keogh balances at depository institutions because heavy penalties for pre-retirement withdrawals make them too illiquid to be included in the monetary aggregates. Gross small-denomination time deposits, derived as the difference between total time deposits and time deposits with balances of $100,000 or more, are reported on the FR 2900 and, for institutions that do not file an FR 2900, are estimated using data reported on the Call Reports. IRA and Keogh account balances at depository institutions are estimated using data reported on the Call Reports.
Suggested Citation:
Board of Governors of the Federal Reserve System (US), Small Time Deposits - Total [STDSL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/STDSL, April 26, 2018.
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H.6 Money Stock Measures
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