Share of Commercial Papers in Cashflow Up

In 1993, as can be seen from the table above, the amount of cashflow rose by 28.8% while the amount of quasi-money grew by only 20.2%. In the previous years, however, the amount of quasi-money grew more rapidly than that of cashflow.

Meanwhile, the share of commercial papers in the amount of cashflow itself has begun to show faster growth than that of cash. In 1993, the amount of commercial papers -- which consist of demand deposit, draft, time deposit, and taska (time insurance savings) which have reached maturity dates -- at issuing banks rose by 30.8%, and the amount o