In the UK financial sector, which of the following financial assets is included in the measurement of broad money (M4M4M4) but is not included in the measurement of narrow money (M0M0M0 / reserve balances)?
A deposit in a commercial bank's 2-year fixed-term savings account
A £10 Bank of England banknote held in a retailer's cash register
Commercial bank operational deposits held at the Bank of England
A £1 coin held in a consumer's pocket
