March 23, 2006 H.6 (508) Discontinuance of M3 As previously announced on November 10, 2005, the Board of Governors ceased publication of the M3 monetary aggregate with today's release. The Board also ceased publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release. Measures of large-denomination time deposits will continue to be published by the Board in the Flow of Funds Accounts (Z.1 release) on a quarterly basis and in the H.8 release on a weekly basis (for commercial banks). M3 does not appear to convey any additional information about economic activity that is not already embodied in M2 and has not played a role in the monetary policy process for many years. Consequently, the Board judged that the costs of collecting the underlying data and publishing M3 outweigh the benefits. To reflect the discontinuance of M3, two sets of historical money stock tables are being published (www.federalreserve.gov/releases/h6/hist/). One set contains historical data related to M1, M2, and their components; this set will be updated each week. The second set contains historical data on M3 and the components of M3 not contained in M2; this set will not be updated. 1 FEDERAL RESERVE STATISTICAL RELEASE H.6 (508) Table 1 For release at 4:30 p.m. Eastern Time March 23, 2006 MONEY STOCK MEASURES Billions of dollars ---------------------------------------------------------------------------------------------------------------------------------------------------- Date M1(1) M2(2) M1(1) M2(2) ----------------------------- ------------------------------------------------------------ ------------------------------------------------------- Seasonally adjusted Not seasonally adjusted ----------------------------- ------------------------------------------------------------ ------------------------------------------------------- 2004-Mar. 1329.6 6173.1 1337.8 6180.8 Apr. 1339.3 6216.8 1345.2 6252.3 May 1336.4 6280.4 1333.5 6263.6 June 1341.2 6288.6 1348.4 6287.9 July 1343.4 6295.2 1338.7 6292.9 Aug. 1354.1 6317.1 1352.4 6312.5 Sep. 1360.5 6346.7 1349.7 6344.3 Oct. 1360.8 6369.1 1351.2 6363.4 Nov. 1374.1 6403.8 1370.8 6413.5 Dec. 1372.1 6421.9 1401.3 6456.7 2005-Jan. 1367.0 6436.1 1362.6 6415.5 Feb. 1369.5 6455.4 1355.3 6415.5 Mar. 1373.0 6474.9 1382.1 6477.8 Apr. 1365.8 6481.0 1371.7 6523.9 May 1370.8 6489.5 1368.7 6468.2 June 1369.6 6516.0 1377.4 6518.8 July 1362.5 6536.1 1357.2 6539.2 Aug. 1370.4 6566.3 1369.2 6561.8 Sep. 1367.6 6596.5 1356.2 6593.8 Oct. 1369.4 6625.7 1359.0 6619.4 Nov. 1370.2 6647.5 1368.2 6660.7 Dec. 1368.8 6675.5 1396.8 6713.1 2006-Jan. 1382.6 6736.8 1377.5 6706.7 Feb. p 1375.0 6758.4 1361.3 6715.4 ---------------------------------------------------------------------------------------------------------------------------------------------------- Percent change at seasonally adjusted annual rates M1 M2 ---------------------------------------------------------------------------------------------------------------------------------------------------- 3 Months from Nov. 2005 TO Feb. 2006 1.4 6.7 6 Months from Aug. 2005 TO Feb. 2006 0.7 5.9 12 Months from Feb. 2005 TO Feb. 2006 0.4 4.7 ---------------------------------------------------------------------------------------------------------------------------------------------------- 1. M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) traveler's checks of nonbank issuers; (3) demand deposits at commercial banks (excluding those amounts held by 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 constructed by summing currency, traveler's checks, demand deposits, and OCDs, each seasonally adjusted separately. 2. M2 consists of M1 plus (1) savings deposits (including money market deposit accounts); (2) small-denomination time deposits (time deposits in amounts of less than $100,000), less individual retirement account (IRA) and Keogh balances at depository institutions; and (3) balances in retail money market mutual funds, less IRA and Keogh balances at money market mutual funds. Seasonally adjusted M2 is constructed by summing savings deposits, small-denomination time deposits, and retail money funds, each seasonally adjusted separately, and adding this result to seasonally adjusted M1. p preliminary Components may not add to totals due to rounding. 1 H.6 (508) Table 2 MONEY STOCK MEASURES Billions of Dollars -------------------------------------------------------------------------------------------------------------------------------------------------------- M1 M2 M1 M2 -------------------------------- -------------------------------- -------------------------------- ----------------------------------- Period Ending 13-week 4-week week 13-week 4-week week 13-week 4-week week 13-week 4-week week average average average average average average average average average average average average ----------------- ----------------------------------------------------------------- -------------------------------------------------------------------- Seasonally adjusted Not seasonally adjusted ----------------- ----------------------------------------------------------------- -------------------------------------------------------------------- 2005-Dec. 19 1370.2 1369.4 1366.4 6640.2 6662.6 6672.2 1367.1 1379.8 1386.4 6644.3 6690.5 6716.2 26 1370.2 1369.2 1377.3 6645.9 6670.2 6689.7 1372.0 1387.0 1457.7 6657.0 6707.2 6714.6 2006-Jan. 2 1368.9 1368.3 1366.1 6652.4 6681.1 6698.7 1375.8 1408.7 1456.0 6667.2 6716.2 6732.0 9 1369.2 1369.4 1367.6 6662.0 6699.6 6737.7 1378.2 1412.1 1348.1 6676.9 6728.9 6752.6 16 1370.1 1370.0 1368.9 6670.1 6714.9 6733.6 1380.1 1403.0 1350.0 6683.6 6734.6 6739.2 23 1371.0 1372.7 1388.2 6678.9 6730.1 6750.5 1380.1 1382.8 1377.0 6690.7 6728.5 6690.1 30 1373.6 1383.3 1408.4 6686.5 6738.4 6731.8 1380.8 1372.7 1415.7 6694.0 6704.0 6634.2 Feb. 6 1375.4 1386.9 1382.2 6694.3 6737.0 6732.2 1382.2 1371.7 1343.9 6696.9 6690.6 6698.8 13 1374.8 1383.5 1355.2 6701.5 6737.5 6735.3 1382.1 1364.7 1322.3 6699.4 6681.1 6701.2 20 1374.4 1380.5 1376.0 6710.4 6743.7 6775.4 1381.5 1363.0 1370.2 6703.7 6689.6 6724.0 27 1375.2 1375.3 1387.9 6719.9 6756.4 6782.8 1380.0 1361.4 1409.0 6709.7 6712.2 6724.7 Mar. 6p 1375.5 1373.5 1374.7 6729.5 6768.4 6779.9 1378.7 1363.3 1351.7 6716.9 6735.0 6790.1 13p 1375.1 1374.0 1357.4 6736.4 6772.8 6753.1 1379.1 1367.9 1340.6 6722.8 6754.5 6779.2 -------------------------------------------------------------------------------------------------------------------------------------------------------- Percent change at seasonally adjusted annual rates M1 M2 -------------------------------------------------------------------------------------------------------------------------------------------------------- Thirteen weeks ending March 13, 2006 from thirteen weeks ending: Dec. 12, 2005 (13 weeks previous) 1.5 6.1 Sep. 12, 2005 (26 weeks previous) 1.1 5.7 Mar. 14, 2005 (52 weeks previous) 0.4 4.5 -------------------------------------------------------------------------------------------------------------------------------------------------------- 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 Components may not add to totals due to rounding. 1 H.6 (508) Table 3 SEASONALLY ADJUSTED COMPONENTS OF M1 Billions of dollars ------------------------------------------------------------------------------------------------------------------------------------------ Other Checkable Deposits ------------------------------------------------------ At commercial At thrift Date Currency(1) Traveler's checks(2) Demand Deposits(3) banks(4) institutions(5) Total ------------------------------------------------------------------------------------------------------------------------------------------ 2004-Oct. 692.9 7.6 334.1 187.2 139.1 326.3 Nov. 697.7 7.6 340.0 188.4 140.4 328.7 Dec. 697.3 7.6 340.3 186.5 140.5 327.0 2005-Jan. 699.0 7.5 336.4 184.7 139.4 324.1 Feb. 700.8 7.5 338.6 183.3 139.3 322.6 Mar. 702.9 7.5 339.2 183.6 139.8 323.4 Apr. 703.9 7.5 330.9 183.9 139.6 323.5 May 705.7 7.5 332.8 184.6 140.2 324.8 June 708.4 7.4 334.2 182.6 137.1 319.7 July 710.0 7.3 327.4 181.2 136.5 317.8 Aug. 712.8 7.4 330.2 182.6 137.5 320.1 Sep. 716.1 7.3 324.4 181.2 138.5 319.7 Oct. 717.4 7.3 326.1 179.9 138.7 318.6 Nov. 720.2 7.3 323.4 180.4 139.0 319.4 Dec. 723.5 7.3 320.6 179.7 137.7 317.4 2006-Jan. 729.5 7.2 326.4 181.3 138.2 319.5 Feb. p 733.1 7.1 318.3 178.7 138.0 316.6 Week Ending: 2006-Jan. 16 728.9 7.2 313.2 181.7 137.8 319.6 23 730.7 7.2 331.9 180.0 138.3 318.3 30 732.3 7.2 349.6 179.5 139.8 319.3 Feb. 6 732.6 7.1 324.3 180.3 137.8 318.1 13 732.5 7.1 301.2 178.3 136.1 314.4 20 733.1 7.0 318.5 179.2 138.2 317.4 27 733.7 7.0 329.6 178.0 139.7 317.6 Mar. 6p 734.1 6.9 315.3 179.1 139.2 318.4 13p 735.1 6.9 e 301.1 178.4 135.9 314.2 ------------------------------------------------------------------------------------------------------------------------------------------ 1. Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions. 2. Outstanding amount of U.S. dollar-denominated traveler's checks of nonbank issuers. Traveler's checks issued by depository institutions are included in demand deposits. 3. Demand deposits at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float. 4. NOW and ATS balances at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations. 5. NOW and ATS balances at thrift institutions, credit union share draft balances, and demand deposits at thrift institutions. e estimated p preliminary Components may not add to totals due to rounding. 1 H.6 (508) Table 4 SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2 Billions of dollars ---------------------------------------------------------------------------------------------------------------------------------------------------- Savings Deposits(1) Small-denomination time deposit(2) --------------------------------------- --------------------------------------- Memorandum: At At At At Retail Institutional Date commercial thrift commercial thrift money Total money banks institutions Total banks institutions Total funds(3) Non-M1 M2 funds ---------------------------------------------------------------------------------------------------------------------------------------------------- 2004-Oct. 2593.5 889.0 3482.5 537.2 269.2 806.4 719.5 5008.3 1076.0 Nov. 2616.9 887.3 3504.2 541.4 269.7 811.1 714.3 5029.7 1071.4 Dec. 2632.2 887.5 3519.6 545.2 271.6 816.8 713.3 5049.7 1068.7 2005-Jan. 2640.2 887.9 3528.2 552.5 276.5 829.0 711.9 5069.1 1062.8 Feb. 2654.2 883.7 3538.0 559.9 281.2 841.1 706.9 5085.9 1054.5 Mar. 2665.0 878.1 3543.1 569.9 284.3 854.2 704.6 5101.9 1049.7 Apr. 2673.5 867.6 3541.1 577.7 290.4 868.1 706.0 5115.2 1057.9 May 2663.0 870.3 3533.3 587.5 296.2 883.7 701.7 5118.8 1058.3 June 2679.0 868.8 3547.8 597.4 301.0 898.4 700.3 5146.4 1069.6 July 2697.7 862.6 3560.3 607.5 305.2 912.7 700.6 5173.5 1079.1 Aug. 2704.0 865.4 3569.4 616.8 311.0 927.7 698.7 5195.8 1091.8 Sep. 2725.6 859.4 3585.0 625.6 315.3 940.9 703.0 5229.0 1107.9 Oct. 2739.9 857.7 3597.6 623.8 327.6 951.4 707.2 5256.2 1119.8 Nov. 2748.9 855.7 3604.6 629.6 333.8 963.4 709.3 5277.3 1121.1 Dec. 2771.0 851.0 3622.0 637.4 336.4 973.8 710.9 5306.8 1136.8 2006-Jan. 2787.8 859.4 3647.2 645.8 340.9 986.6 720.5 5354.3 1150.8 Feb. p 2791.6 865.7 3657.3 656.3 346.5 1002.8 723.3 5383.4 1148.0 Week ending: 2006-Jan. 16 2803.6 856.2 3659.8 644.7 340.0 984.7 720.2 5364.7 1152.8 23 2788.7 866.6 3655.3 647.1 339.9 987.0 720.0 5362.3 1142.1 30 2745.5 866.0 3611.6 649.3 343.5 992.8 719.1 5323.4 1141.1 Feb. 6 2781.7 854.4 3636.1 650.8 344.5 995.4 718.6 5350.0 1152.2 13 2795.7 862.1 3657.8 654.7 345.8 1000.5 721.8 5380.1 1142.6 20 2799.2 872.3 3671.5 657.7 347.1 1004.7 723.1 5399.4 1137.1 27 2785.2 872.9 3658.0 660.4 347.9 1008.3 728.5 5394.8 1159.6 Mar. 6p 2799.6 865.9 3665.5 662.6 348.8 1011.4 728.3 5405.2 1157.3 13p 2794.0 855.5 3649.5 665.2 350.8 1016.0 730.3 5395.7 1156.0 ---------------------------------------------------------------------------------------------------------------------------------------------------- 1. Savings deposits include money market deposit accounts. 2. Small-denomination time deposits are those issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial banks and thrift institutions are subtracted from small time deposits. 3. IRA and Keogh account balances at money market mutual funds are subtracted from retail money funds. p preliminary Components may not add to totals due to rounding. 1 H.6 (508) Table 5 NOT SEASONALLY ADJUSTED COMPONENTS OF M1 Billions of dollars ------------------------------------------------------------------------------------------------------------------------------------------ Other Checkable Deposits ------------------------------------------------------ At commercial At thrift Date Currency(1) Traveler's checks(2) Demand Deposits(3) banks(4) institutions(5) Total ------------------------------------------------------------------------------------------------------------------------------------------ 2004-Oct. 691.7 7.5 330.5 183.7 137.7 321.4 Nov. 697.4 7.5 340.6 185.4 139.8 325.3 Dec. 702.4 7.5 358.8 191.7 140.9 332.6 2005-Jan. 697.3 7.5 331.8 190.0 136.0 326.0 Feb. 700.7 7.5 331.0 181.1 135.2 316.3 Mar. 702.6 7.4 345.3 186.6 140.1 326.7 Apr. 703.9 7.4 328.6 188.1 143.6 331.7 May 705.3 7.4 331.3 184.1 140.6 324.8 June 708.5 7.4 339.7 182.7 139.0 321.8 July 711.4 7.5 322.2 177.9 138.2 316.1 Aug. 712.3 7.5 330.0 181.2 138.3 319.5 Sep. 714.3 7.4 319.4 177.7 137.4 315.1 Oct. 715.7 7.2 322.1 176.2 137.8 314.0 Nov. 720.4 7.1 324.1 177.8 138.9 316.6 Dec. 729.0 7.2 337.7 184.7 138.2 322.8 2006-Jan. 727.3 7.2 321.5 186.2 135.2 321.5 Feb. p 732.9 7.0 311.2 176.3 133.9 310.1 Week Ending: 2006-Jan. 16 726.7 7.2 301.5 182.2 132.4 314.6 23 726.1 7.2 325.0 186.0 132.6 318.7 30 726.8 7.1 355.2 190.4 136.2 326.6 Feb. 6 731.9 7.1 293.1 176.7 135.1 311.8 13 732.8 7.1 281.6 170.2 130.7 300.8 20 733.9 7.0 320.2 176.5 132.7 309.2 27 732.2 7.0 350.6 182.4 136.8 319.2 Mar. 6p 735.2 6.9 293.6 177.6 138.4 316.0 13p 736.2 6.9 e 287.6 175.9 134.0 309.9 ------------------------------------------------------------------------------------------------------------------------------------------ 1. Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions. 2. Outstanding amount of U.S. dollar-denominated traveler's checks of nonbank issuers. Traveler's checks issued by depository institutions are included in demand deposits. 3. Demand deposits at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float. 4. NOW and ATS balances at domestically chartered commercial banks, U.S. branches and agencies of foreign banks, and Edge Act corporations. 5. NOW and ATS balances at thrift institutions, credit union share draft balances, and demand deposits at thrift institutions. e estimated p preliminary Components may not add to totals due to rounding. 1 H.6 (508) Table 6 NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2 Billions of dollars ---------------------------------------------------------------------------------------------------------------------------------------------------- Savings Deposits(1) Small-denomination time deposit(2) --------------------------------------- --------------------------------------- Memorandum: At At At At Retail Institutional Date commercial thrift commercial thrift money Total money banks institutions Total banks institutions Total funds(3) Non-M1 M2 funds ---------------------------------------------------------------------------------------------------------------------------------------------------- 2004-Oct. 2598.5 890.7 3489.2 537.1 269.2 806.2 716.7 5012.2 1067.3 Nov. 2626.5 890.5 3517.0 541.3 269.7 811.0 714.7 5042.7 1076.2 Dec. 2633.4 887.9 3521.3 544.9 271.4 816.2 717.9 5055.4 1090.6 2005-Jan. 2625.0 882.8 3507.8 552.0 276.3 828.3 716.9 5053.0 1087.5 Feb. 2631.7 876.2 3507.9 559.6 281.0 840.7 711.6 5060.2 1067.6 Mar. 2656.7 875.3 3532.1 569.9 284.2 854.1 709.5 5095.7 1052.6 Apr. 2699.3 875.9 3575.2 577.9 290.5 868.5 708.6 5152.2 1047.0 May 2651.5 866.6 3518.1 587.9 296.4 884.3 697.1 5099.4 1039.6 June 2678.6 868.6 3547.2 597.7 301.2 898.9 695.3 5141.4 1060.4 July 2707.4 865.7 3573.0 607.9 305.3 913.2 695.7 5182.0 1067.6 Aug. 2702.5 864.9 3567.4 617.3 311.2 928.5 696.7 5192.6 1089.5 Sep. 2734.0 862.1 3596.1 625.8 315.4 941.3 700.2 5237.6 1105.2 Oct. 2745.2 859.4 3604.6 623.6 327.4 951.0 704.7 5260.3 1113.7 Nov. 2760.7 859.3 3620.0 629.1 333.5 962.7 709.8 5292.5 1123.2 Dec. 2775.3 852.3 3627.7 636.8 336.1 972.9 715.7 5316.3 1156.8 2006-Jan. 2765.5 852.5 3618.0 645.0 340.5 985.5 725.7 5329.3 1174.1 Feb. p 2766.3 857.9 3624.3 655.8 346.2 1002.1 727.8 5354.1 1161.4 Week ending: 2006-Jan. 16 2817.6 860.4 3678.0 644.1 339.7 983.8 727.4 5389.1 1179.7 23 2746.4 853.5 3599.9 646.2 339.4 985.6 727.6 5313.1 1171.5 30 2663.3 840.1 3503.4 648.3 343.0 991.3 723.8 5218.5 1167.5 Feb. 6 2783.4 854.9 3638.3 650.2 344.2 994.4 722.2 5354.9 1163.7 13 2792.0 860.9 3652.9 654.3 345.6 999.9 726.0 5378.8 1155.1 20 2761.6 860.6 3622.3 657.2 346.8 1004.1 727.4 5353.7 1153.1 27 2721.1 852.8 3573.9 660.0 347.6 1007.6 734.2 5315.7 1174.7 Mar. 6p 2822.3 872.9 3695.2 662.4 348.7 1011.2 732.0 5438.3 1158.5 13p 2823.8 864.6 3688.4 665.1 350.8 1015.9 734.3 5438.6 1164.3 -------------------------------------------------------------------------------------------------------------------------------------------------- 1. Savings deposits include money market deposit accounts. 2. Small-denomination time deposits are those issued in amounts of less than $100,000. All IRA and Keogh account balances at commercial banks and thrift institutions are subtracted from small time deposits. 3. IRA and Keogh account balances at money market mutual funds are subtracted from retail money funds. p preliminary Components may not add to totals due to rounding. 1 H.6 (508) Table 7 OTHER MEMORANDUM ITEMS Billions of dollars, not seasonally adjusted -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- U.S. government deposits IRA and Keogh Accounts Demand deposits Time and -------------------------------------------------------------- ---------------------------------------------------- at banks due to savings Demand Note Time and Date -------------------------- deposits due to deposits Balance balances savings At Foreign Foreign foreign banks at at at Total deposits at At At money commercial official and official commercial Federal depository cash commercial commercial thrift market banks institutions institutions banks Reserve institutions(1) balance banks banks institutions funds Total -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 2004-Oct. 7.3 1.2 19.6 1.5 5.0 20.3 26.9 2.3 168.4 101.5 150.8 420.7 Nov. 7.4 1.3 19.8 1.5 4.9 12.7 19.1 2.3 168.3 101.4 149.4 419.1 Dec. 7.4 1.5 20.1 1.5 5.1 15.8 22.4 2.4 168.1 101.4 148.0 417.4 2005-Jan. 7.4 1.5 20.1 1.8 5.1 23.0 29.9 2.4 168.2 101.3 147.5 416.9 Feb. 7.3 1.4 19.7 1.5 5.2 14.3 20.9 2.4 168.5 101.3 147.8 417.6 Mar. 7.3 1.3 19.4 1.4 4.7 21.1 27.3 2.4 168.8 101.3 148.2 418.3 Apr. 7.2 1.3 19.8 3.4 5.2 26.5 35.1 2.3 169.1 101.5 148.3 418.8 May 7.1 1.3 20.8 1.6 5.1 29.3 36.0 2.1 169.2 101.9 148.2 419.3 June 7.0 1.3 21.8 1.8 5.0 24.6 31.4 1.8 169.3 102.3 148.1 419.7 July 7.0 1.2 22.7 1.4 4.8 13.7 20.0 1.8 169.5 102.6 148.9 421.0 Aug. 7.1 1.1 23.3 1.4 5.0 7.5 13.9 1.9 169.9 102.9 150.5 423.3 Sep. 7.1 1.0 23.9 1.5 5.3 28.3 35.1 2.0 170.3 103.2 152.1 425.5 Oct. 7.2 1.0 24.9 1.5 4.9 18.7 25.1 2.0 170.5 103.2 153.7 e 427.3 e Nov. 7.1 1.0 26.3 1.3 4.9 8.9 15.2 1.8 170.5 102.8 155.3 e 428.6 e Dec. 7.1 1.0 27.6 1.6 5.1 23.0 29.8 1.5 170.5 102.4 156.9 e 429.9 e 2006-Jan. 7.0 e 1.0 e 28.2 e 1.8 4.9 28.9 35.6 1.4 e 170.5 e 102.3 e 157.7 e 430.5 e Feb. p 7.0 e 1.0 e 28.2 e 1.3 5.2 17.1 23.6 1.4 e 170.5 e 102.3 e 157.7 e 430.5 e 2006-Jan. 16 1.7 4.8 4.6 11.1 23 1.8 5.0 39.7 46.5 30 1.5 5.2 54.4 61.1 Feb. 6 1.5 5.6 42.8 49.9 13 1.2 5.0 16.4 22.6 20 1.3 5.1 10.8 17.2 27 1.2 5.0 5.6 11.8 Mar. 6p 1.3 5.1 4.9 11.3 13p 1.3 4.9 5.0 11.1 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1. Source: Daily Treasury statement. e estimated p preliminary Components may not add to totals due to rounding. 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 Publication 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.