H.4.1 Factors Affecting Reserve Balances of Depository Institutions

.-VoS^g^V FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will b ••WTRESV. the information is available, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks February 6, 1986 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss WWeeeekk eennddeedd Change from week ended Wednesday FFeebb 11 rruu QQ aa 88 rr 66 yy 55,, ~JaW & 29» , Fel} mv b' ¥ebmiy 5> Reserve Bank credit: 1-2 204,075 ~ 4,283 __ 23,922 201,309 U.S. government securities- Bought outright—system account 176,333 - 2,571 + 21,198 173,091 Held under repurchase agreements 1,323 - 1,717 + 186 — Federal agency obligations- Bought outright 8,227 — - 162 8,227 Held under repurchase agreements 267 - 608 + 141 — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 727 - 114 - 915 591 Includes: seasonal borrowing of 45 - 1 - 13 37 extended credit of 487 - 53 - 753 457 Float 1,476 + 497 + 16 3,601 Other F.R. assets 15,722 + 230 + 3,457 15,799 Gold stock 11,090 — - 5 11,090 Special Drawing Rights certificate account 4,718 — + 100 4,718 Treasury currency outstanding 17,124 + 14 + 646 17.136 Total factors supplying reserve funds 237,007 - 4,269 + 24,663 234,253 Currency in circulation* 190,633 _ 239 + 12,976 190,942 Treasury cash holdings* 558 + 6 + 20 570 Deposits, other than reserve balances, with F.R. Banks: Treasury 12,475 - 5,012 + 7,460 7,191 Foreign 246 + 16 + 43 195 Service-related balances and adjustments 3 1,598 - 244 - 384 1,504 Other 472 + 29 - 181 431 Other F.R. liabilities and capital 6,535 + 146 + 495 6,322 Total factors, other than reserve balances, absorbing reserve funds 212,516 - 5,299 + 20,428 207,155 Reserve balances with F.R. Banks « 24,491 + 1,030 + 4,234 27,098 On February 5, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $128,408 million, an increase of $ 986 million for the week. 1 Net of $5,393 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $4,816 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $8,099 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,057 million was with foreign official and international accounts. Includes $113 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,504 million and adjustments of $ 94 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since •• WWeeddnneessddaayy Wednesday, Wednesday, February 5, 1986 January 29, 1986 February 6, 1985 ASSETS Gold certificate account 11,090 — - 5 Special Drawing Rights certificate account 4,718 — + 100 Coin 573 + 13 + 59 Loans 591 - 178 - 464 Acceptances— •* Held under repurchase agreements — — — Federal agency obligations- Bought outright 8,227 — 162 Held under repurchase agreements 1 — - 768 — U.S. government securities: Bought outright—Bills 80,718 - 5,048 + 13,244 Notes 67,647 — + 2,510 Bonds 24,726 — + 1,775 Total bought outright? 173,091 - 5,048 + 17,529 Held under repurchase agreements1 — -- 22,,556644 — Total U.S. government securities 173,091 77,,661122 ++ 17,529 Total loans and securities 181,909 _ 8,558 + 16,903 Cash items in process of collection (1,349) 10,836 + 4,245 + 1,463 Bank premises 611 + 1 + 41 Other assets 3 15.188 + 169 + 3,359 TOTAL ASSETS (1,349) • 224,925 4,130 + "21,920 LIABILITIES Federal Reserve notes 174,949 + 396 + 12,268 Deposits: Depository institutions 28,602 + 3,717 + 7,272 U.S. Treasury—general account 7,191 - 9,886 + 1,573 Foreign—official accounts 195 — 33 ~ 16 Other 431 + 65 - 166 Total deposits 36,419 - 6,137 + 8,663 Deferred availability cash items (1,349) 7,235 + 1,431 + 507 Other liabilities and accrued dividends4 2,160 - 71 - 123 TOTAL LIABILITIES (1,349) 220,763 - 4,381 + 21,315 CAPITAL ACCOUNTS Capital paid in 1,789 — + 139 Surplus 1,781 — + 155 Other capital accounts 592 + 251 + 311 Figures in parentheses are the eliminations made in the consolidating process. Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ -0- million was outstanding at the end of the latest statement week. Net of $ 8,099 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 113 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 71 million in Treasury bills maturing within 90 days. Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, February 5, 1986 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings (Weekly changes Holdings | Weekly changes Within 15 days 583 9,058 + 272 32 - 853 16 days to 90 days 8 — 38,672 - 5,412 976 + 109 91 days to 1 year — — 53,296 - 2,343 1,739 - 24 Over 1 year to 5 years 35,543 _ 129 3,868 Over 5 years to 10 years «._ 14,763 __ 1,203 —~ Over 10 years — 2211,,775599 — 440099 — Total 55<<UU~~~~ — 117733,,009911 7,612 88,,222277 768 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON Februar> 5, 1986 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS ——__——, Gold certificate account 11,090 658 3,277 483 635 969 413 1,451 357 156 617 713 1,361 Special Drawing Rights certif. acct. 4,718 281 1,354 195 270 426 192 620 157 63 263 307 590 Coin 573 34 23 29 40 100 62 37 31 25 53 47 92 Loans 591 18 5 31 — 220 51 19 6 4 184 41 12 Acceptances held under repurchase agreements — •~~ Federal agency obligations: Bought outright 8,227 481 2,744 288 481 726 252 906 239 108 367 532 1,103 Held under repurchase agreements * — — — — — — -f — U.S. government securities: Bought outright—Bills 80,718 4,715 26.924 2,827 4,718 7,119 2,472 8,893 2,343 1.064 3,600 5,218 10,825 Notes 67,647 3,952 22,564 2,369 3,954 5,967 2,072 7,453 1,964 891 3,017 4,372 9,072 Bonds 24,726 1,444 8,247 866 1,446 2,181 757 2,724 718 326 1,103 1.598 3,316 Total bought outright 2 173,091 10.111 57,735 6,062 10,118 15,267 5,301 19,070 5,025 2,281 7,720 11,188 23,213 Held under repurchase agreements 1 — — — — — — — -^ — — — — Total U.S. government securities 713,091 10,111 57,735 6.062 10,118 15,267 5,301 19,070 5,025 2,281 7,720 11.188 23,213 Total loans and securities 181,909 10,610 60,484 6,381 10,599 16,213 5.604 19,995 5,270 2,393 8,271 11,761 24,328 Cash items in process of collection 12,185 944 1,595 802 483 865 1,269 1,182 626 413 1,566 770 1,670 Bank premises 611 93 30 48 29 101 48 23 18 25 46 19 131 Other assets 3 15,188 463 3,126 490 690 755 786 4,777 344 309 523 1,209 1,716 Interdistrict settlement account -0- +116 +2,034 - 973 -302 -782 + 1,269 - 760 + 258 + 496 -1,250 -1,034 + 928 TOTAL ASSETS 226,274 13,199 71,923 7,455 12,444 18,647 9,643 27,325 7,061 3,880 10,089 13.792 30,816 1 Does not include U.S. government and federal agency securitie sresold under matched sale-purchase transactions to foreign official and international accounts, of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 8,099 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 113 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 71 million in Treasury Bills maturing within 90 days. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON February 5. 1986 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 174,949 11,290 52,773 5,426 10,795 15,772 6.021 23,427 5,713 2,737 7,505 10,456 23,034 Deposits: Depository institutions 28,602 1,198 8,430 1,170 924 2,043 2,424 2,415 659 558 976 2,258 5,547 U.S. Treasury-general account 7.191 7,191 -r Foreign-official accounts 195 5 82 7 9 8 12 20 4 7 12 24 Other 431 1_ 297 1 43 2 77 1 2 2 4_ Total deposits 36,419 ~ 1,204 16,000 1,177 934 2,094 2,438 2,512 664 564 985 2,272 5,575 Deferred availability cash items 8,584 446 1,390 587 340 376 766 583 499 417 1,315 584 1,279 Other liabilities and accrued dividends 1 2,160 123 705 77_ 126 184 89 244 62 32 98 138 282 TOTAL LIABILITIES 222,112 13,065 70,868 7,267 12,195 18,426 9,314 26,766 6,938 3,750 9.903 13,450 30,170 CAPITAL ACCOUNTS Capital paid in 1,789 53 440 83 107 90 149 242 54 59 81 149 282 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 592 28 176 22 35 40 33 76 15 13 25 45 84 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 226,274 13,199 71,923 7,455 12,444 18,647 9,643 27,325 7,061 3,880 10,089 13,792 30,816 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 208,365 13,985 56,995 7,936 12,467 17,813 10,148 25,852 7.151 3,460 11,057 12,699 28,802 Less-Held by F.R. Banks 33,416 2,695 4,222 2,510 1,672 2,041 4,127 2,425 1,438 723 3,552 2,243 5,768 F.R. notes, net 174,949 11,290 52,773 5,426 10.795 15.772 6,021 23,427 5,713 2.737 7,505 10,456 23,034 Collateral held against F.R. notes: Gold certificate account 11,090 Special Drawing Rights cert if. acct. 4,718 Other eligible assets -0- U.S. govt, and agency securities 159,141 Total collateral 174,949 1 Includes exchange translation account reflecting the monthly revaluation at market exchang erates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis