Supporting information:

C3 Monetary and credit aggregate components


	*Previous Years:*		*Monthly:*
	Oct 2007	Oct 2008	Jun 2009	Jul 2009	Aug 2009	Sep 2009	Oct 2009
Monetary aggregates
1. Currency in circulation	3,493	3,773	3,922	3,931	3,889	3,863	3,941
2. Less currency held by M3 institutions	541	544	594	546	588	524	564
Notes and coin held by the public (1-2)	2,952	3,230	3,328	3,385	3,301	3,339	3,377
3. Transaction balances (cheque)	19,731	19,365	20,111	19,904	20,065	19,754	19,833
4. Less inter-institutional transaction balances (cheque)	15	14	0	21	1	-	-
5. Less Government transaction deposits	102	116	130	116	101	107	106
M1 (Notes & coin +3-4-5)	22,566	22,464	23,308	23,152	23,263	22,986	23,104
6. Transaction EFTPOS (excl.cheque)	12,563	10,913	12,223	11,815	11,517	11,520	11,555
7. Total other call funding	33,842	39,599	38,852	37,712	38,652	38,912	39,698
8. Less inter-institutional EFTPOS (excl.cheque)	-	-	-	-	-	-	-
9. Less other call inter-institutional funding	116	77	269	227	127	164	202
M2 (M1+6+7-8-9)	68,855	72,899	74,115	72,452	73,306	73,254	74,155
10. NZD funding	207,555	226,439	225,046	226,984	224,893	223,363	223,024
11. Less NZD inter-institutional claims	16,450	18,811	16,786	18,174	15,109	13,877	13,773
12. Less Government deposits	412	428	660	556	447	433	450
M3 (Notes & coin +10-11-12)	193,645	210,430	210,928	211,638	212,638	212,392	212,178
13. Less NZD funding from non-residents	40,213	40,862	38,901	38,563	40,564	39,524	37,861
M3R (M3-13)	153,431	169,568	172,026	173,075	172,074	172,868	174,317
M3 excluding repos	193,365	208,386	206,768	207,873	208,596	208,133	208,218
M3R excluding repos	153,438	167,549	168,065	169,384	168,146	168,699	170,438
Credit aggregates
1. NZD claims (all surveyed institutions)	281,047	309,195	304,593	307,042	303,533	305,198	303,778
2. Less NZD inter-institutional claims	16,450	18,811	16,786	18,174	15,109	13,877	13,773
PSC (1-2)	264,597	290,385	287,807	288,868	288,424	291,322	290,005
3. Less NZD claims on non-residents	9,081	9,774	7,110	8,553	7,778	9,407	7,947
PSCR (PSC-3)	255,516	280,610	280,696	280,315	280,645	281,915	282,058
PSC excluding repos	263,555	288,830	286,934	288,155	287,714	289,558	288,852
PSCR excluding repos	254,790	280,350	280,130	279,841	280,084	281,054	281,467
4. Claims on Covt by M3 institutions	1,759	1,770	6,853	7,537	8,387	9,144	9,209
5. Claims on Govt by Reserve Bank	-4,024	-1,268	-7,736	-4,730	-6,490	-8,310	-7,673
DC (PSC+4+5)	262,332	290,887	286,924	291,674	290,321	292,155	291,540
DCR (PSCR+4+5)	253,251	281,112	279,814	283,121	282,543	282,749	283,593
1. Net foreign currency assets of M3 institutions	-66,153	-79,630	-75,577	-80,786	-77,115	-78,224	-78,872
2. Net foreign currency assets of the Reserve Bank	12,443	11,434	13,938	12,048	12,081	12,806	12,995
Net foreign currency assets NFCA (1+2)	-53,710	-68,196	-61,639	-68,739	-65,034	-65,418	-65,877
1. Capital & Reserves of M3 institutions	-22,227	-26,226	-24,539	-24,092	-24,040	-23,309	-23,370
2. Balance sheet items n.e.c. net	7,251	13,965	10,182	12,794	11,391	8,964	9,884
Residual items (1+2)	-14,977	-12,261	-14,357	-11,298	-12,649	-14,346	-13,486
M3 (DC+NFCA+Residual)	193,645	210,430	210,928	211,638	212,638	212,392	212,178


For more information download the historical data above.
Last updated 27 November 2009