M2 = M1 + Td (Td: Time deposits of the private sector.) + Tsd (Tsd: Time savings deposits) + Mutual fund quotas in up to one-year instruments (non-financial private sector) + Deposits of savings and credit cooperatives - Mutual fund investments in M2 - Savings and loans cooperatives investments in M2.The figures disclosed between the 23rd day of the current month and the 6th day of the following month correspond to the first half-month period of the month disclosed. Figures disclosed for the last three months are provisional figures and are based on daily balances reported by each financial institution. Further information is available in the Series of Economic and Statistical Studies No. 53, May 2006.
