IEA Data Derivation
Primary Credit Supply

Primary Credit Supply

Derivation of Integrated Dynamic Money Flow (IDMF)
Primary Credit data
from Flow of Funds Accounts Data

(Illustrative tables using two quarters of 1977 Flow-of-Funds data)

For the other side, see Primary Borrowing (Credit Demand)

Contents
  1. Main Components of Household Financial Saving
  2. Estimation of Total Credit Supply and Reconciliation with Total Borrowing
  3. Notes
 
A. Main Components of Household Financial Saving

Numbers refer to series in IEA Charts, Panel 16B F/F Ref*1977:21977:3
 3. TOTAL ( 5 + 4 )
 --
       184.5
       221.7
 4. MARKET SECURITIES (net)

     a. Credit Market Instruments
     b. Investment Company Shares
     c. Other Corporate Equities
     d. Less: Net Security Credit [1]
     e. Less Savings Bonds (see 7b below)
 --

 H 24
 H 31
 H 32
 H 46-36
 FG 30
        20.6

  23.3
 - 1.5
   3.5
 -  .2
   5.0
        31.7

  43.3
 - 1.4
 - 4.2
   1.6
   4.5
 5. TOTAL EXCEPT MARKET SECURITIES ( 8 + 5A )
 --
       164.0
       190.0
 5A. SAVINGS DEPOSITS AND MISC. ASSETS ( 6 + 7 )

 6.    Commercial Bank Savings Deposits

 7.    Savings & Loan Shares, etc.

       a. S&L Savings Shares & Deposits at Mutual Svgs Banks
       b. U.S. Savings Bonds
       c. Miscellaneous Assets
 --

 H 22

 --

 H 23
 FG 30
 H 37
        99.5

  23.1

  76.4

  65.8
   5.0
   5.6
       133.5

  40.4

  93.1

  83.0
   4.5
   5.6
 8. INSURANCE AND PENSION FUND RESERVES ( a - b )

     a. F/F Life Insurance & Pension Fund Reserves
     b. Less: Fed. Govt. Ins. Credits to Hslds. [2]
 --

 H 33+34
 FG 11
        64.5

  73.1
   8.6
        56.4

  65.9
   9.5

 
B. Estimation of Total Credit Supply and Reconciliation with Total Borrowing

  F/F Ref*1977:21977:3
 a. Main components of household financial saving from Part A, above
 b. + Proprietors' net investment in noncorporate & farm business
 c. + F/F household sector discrepancy [3]
 d. - F/F nonfin. discrepancy (usually = IP discrep., IP 75, rev. sign)
 e. = Total credit supply from households + accounting discrepancies
 f. + Financial institutions' credit advances from retained profits [4]
 g. = Total supply of credit from prior financial saving
 h. + "New Money" (F/F increase in money stock less mail float) [5]
 i. = Total supply of credit
 j. + IEA accounting discrepance [6]
 k. = Total Primary Borrowing (line 3 from Figure 1)
 --
 H 35
 H 49
 TD 8
 --
 #
 --
 M 2-9
 --
 --
 --
  184.5
 - 23.6
 - 11.9
 -  1.2
  147.8
    2.7
  150.5
   37.4
  187.9
    1.9
  189.8
  221.7
 - 24.9
 - 25.9
    0.0
  170.9
    5.7
  176.6
   11.6
  187.9
 -  1.1
  187.1

 
Notes:

# Current Surplus less P&E and cash: (CB1 + NB1 + CA1 + FR1) less (CB2 + NB2 + M8)
* Flow-of-Funds Source Abbreviations
See note to Figure 1. Additional sector and transaction tables are:
CA= Fed. Sponsored Credit Agenciesp. 15
CB= Commercial Bankingp. 17
FR= Monetary Authorityp. 17
     
M= Demand Deposits & Currencyp. 31
NB= Private Non-bank Financep. 21
TD= Transaction Discrepanciesp. 55


Posted: March 1, 1999
Last revised: May 31, 2009
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