~ Sweeps of Transaction Deposits into MMDAs* ---------------------------------------------------- Monthly Averages of Cumulative Initial Amounts Total (Billions $) (Billions $) ---------------------------------------------------- 199401 5.3 5.3 199402 2.2 7.5 199403 0.0 7.5 199404 0.0 7.5 199405 0.0 7.5 199406 0.0 7.5 199407 0.0 7.5 199408 0.0 7.5 199409 1.4 8.9 199410 0.7 9.6 199411 0.2 9.8 199412 0.0 9.8 199501 0.1 9.9 199502 0.0 9.9 199503 0.0 9.9 199504 0.0 9.9 199505 5.0 14.9 199506 7.3 22.2 199507 0.5 22.7 199508 4.6 27.3 199509 5.9 33.2 199510 7.7 40.9 199511 4.3 45.2 199512 9.2 54.4 199601 14.0 68.4 199602 7.0 75.4 199603 6.4 81.8 199604 7.9 89.7 199605 8.4 98.1 199606 8.5 106.6 199607 8.0 114.6 199608 13.6 128.2 199609 10.9 139.1 199610 14.9 154.0 199611 9.0 163.0 199612 8.1 171.1 199701 5.9 177.0 199702 7.0 184.0 199703 10.9 194.9 199704 10.7 205.6 199705 8.8 214.4 199706 4.2 218.6 199707 3.9 222.5 199708 6.0 228.5 199709 12.4 240.9 199710 9.1 250.0 199711 3.9 253.9 199712 4.1 258.0 199801 5.8 263.8 199802 4.3 268.1 199803 4.3 272.4 199804 7.5 279.9 199805 3.8 283.7 199806 6.7 290.4 199807 8.1 298.5 199808 5.6 304.1 199809 5.2 309.3 199810 4.2 313.5 199811 2.4 315.9 199812 6.0 321.9 199901 3.2 325.1 199902 4.4 329.5 199903 2.6 332.1 199904 4.4 336.5 199905 8.5 345.0 199906 4.7 349.7 199907 6.4 356.1 199908 5.7 361.8 199909 1.3 363.1 199910 1.3 364.4 199911 2.0 366.4 199912 2.8 369.2 200001 1.1 370.3 200002 4.4 374.7 200003 3.5 378.2 200004 4.9 383.1 200005 3.3 386.4 200006 2.9 389.3 200007 4.3 393.6 200008 5.4 399.0 200009 4.6 403.6 200010 3.6 407.2 200011 2.7 409.9 200012 3.1 413.0 200101 2.9 415.9 200102 2.7 418.6 200103 3.4 422.0 200104 5.2 427.2 200105 1.7 428.9 200106 2.2 431.1 200107 5.5 436.6 200108 7.2 443.8 200109 2.4 446.2 200110 12.5 458.7 200111 2.7 461.4 200112 4.5 465.9 200201 5.6 471.5 200202 4.7 476.2 200203 5.9 482.1 200204 17.1 499.2 200205 5.5 504.7 200206 2.2 506.9 200207 2.6 509.5 200208 16.5 526.0 200209 3.6 529.6 200210 1.2 530.8 200211 2.1 532.9 200212 1.5 534.4 200301 1.2 535.6 200302 1.2 536.8 200303 1.3 538.1 200304 3.8 541.9 200305 1.1 543.0 200306 4.8 547.8 200307 8.5 556.3 200308 8.2 564.5 200309 8.8 573.3 200310 3.1 576.4 200311 8.7 585.1 200312 7.8 592.9 200401 0.6 593.5 200402 10.0 603.5 200403 15.1 618.6 200404 1.7 620.3 200405 14.5 634.8 200406 3.2 638.0 200407 1.7 639.7 200408 2.7 642.4 200409 4.4 646.8 200410 1.6 648.4 200411 2.1 650.5 200412 1.8 652.3 200501 1.8 654.1 200502 1.5 655.6 200503 8.2 663.8 200504 3.2 667.0 200505 4.6 671.6 200506 4.9 676.5 200507 4.9 681.4 200508 3.5 684.9 200509 3.1 688.0 200510 2.5 690.5 200511 3.3 693.8 200512 2.8 696.6 200601 3.0 699.6 200602 4.1 703.7 200603 2.9 706.6 200604 3.1 709.7 200605 2.5 712.2 200606 2.7 714.9 200607 5.8 720.7 200608 4.2 724.9 200609 3.8 728.7 200610 -1.3 727.4 200611 -1.3 726.1 200612 2.2 728.3 200701 3.2 731.5 200702 3.4 734.9 200703 2.3 737.2 200704 6.8 744.0 200705 1.5 745.5 200706 2.4 747.9 200707 4.1 752.0 200708 5.3 757.3 200709 2.7 760.0 200710 2.0 762.0 200711 1.5 763.5 200712 1.3 764.8 200801 1.0 765.8 200802 1.2 767.0 200803 1.5 768.5 200804 4.4 772.9 200805 1.3 774.2 200806 1.8 776.0 200807 2.5 778.5 200808 1.3 779.8 200809 0.6 780.4 200810 -5.2 775.2 200811 -25.3 749.9 200812 3.8 753.7 200901 25.2 778.9 200902 15.8 794.7 200903 0.4 795.1 200904 0.1 795.2 200905 0.0 795.2 ---------------------------------------------------- *Figures are the estimated national total of trans- action account balances initially swept into MMDAs owing to the introduction of new sweep programs, on the basis of monthly averages of daily data. Produced by: Division of Monetary Affairs of the Board of Governors of the Federal Reserve System