The card will be sold, beginning today, for a minimum denomination of $3 at subway stations, and in $6 and $15 amounts at more than 2,000 neighborhood stores.
The minimum denomination for the sale is $1 million.
The minimum denomination also differed (there were penny, nickel, and quarter Cashola machines.)
Some analysts said that if additional money were needed, cash management bills - short-term securities that are offered in minimum denominations of $1 million - could be sold.
Coupon Fico Strips are available in minimum denominations of $1,000.
M-3, which is M-2 plus less liquid accounts like certificates of deposit in minimum denominations of $100,000, is scheduled to grow between 3.5 percent and 7.5 percent.
Most municipal notes and bonds are issued in minimum denominations of $5,000 or multiples of $5,000.
As a result of the agreement, for example, interest rates on large bank deposits were decontrolled, and the minimum denomination for certificates of deposit was lowered.
Because of their complexity and the minimum denomination of $25,000, most holders of auction rate securities are institutional investors and high net worth individuals.
The minimum denomination of paper to be offered and purchased by Chase would be $250,000, the Fed said.