H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•:;^=§^; FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when '•.f«i 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 27, 1986 Averages of daily figures (millions of dollars) RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt FF..RR BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Change from week ended WWeeddnneessddaayy 11998866 February, Fe~b ic urau27» FFeebbrruuaarr 11 yy 99 8866 22 66,, Reserve Bank credit: 1 2 198,806 1,338 + 18,488 200,013 U.S. government securities- Bought outright—system account 173,935 599 + 16,346 175,870 Held under repurchase agreements — — — — Federal agency obligations- Bought outright 8,193 2 - 179 8,187 Held under repurchase agreements — — — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 1,038 123 - 316 682 Includes: seasonal borrowing of 69 + 7 - 12 80 extended credit of 482 47 - 194 489 Float 1,128 + 113 - 496 618 Other F.R. assets 14,512 727 + 3,132 14,656 Gold stock 11,090 — - 4 11,090 Special Drawing Rights certificate account 4,718 — + 100 4,718 Treasury currency outstanding 17,148 + 14 + 628 17,160 Total factors supplying reserve funds 231,762 1,324 + 19,212 232,981 Currency in circulation* 191,201 511 + 13,067 191,107 Treasury cash holdings* 575 — + 20 575 Deposits, other than reserve balances, with F.R. Banks: Treasury 6,922 + 755 + 2,884 4,679 Foreign 232 + 25 + 3 254 Service-related balances and adjustments3 2,158 + 272 + 465 1,512 Other 425 49 - 41 425 Other F.R. liabilities and capital 6,243 + 126 +_ 6]_ 6,142 Total factors, other than reserve balances, absorbing reserve funds 207,756 + 617 + 16,459 204,694 Reserve balances with F.R. Banks « 24,007 1,940 + 2,754 28,287 On February 26, 1986 . marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 130,103 million, a decreaseof $ 1,953 million for the week. 1 Net of $ 4,748 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,543 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2,757 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,757 milUcn was with foreign official and international accounts. Includes $ 197 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,512 million and adjustments of $ 646 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 FFeebbrruuaarryy 2266,, 11998866 February 19, 1986 February 27, 1985 ASSETS Gold certificate account 1111,,009900 3 Special Drawing Rights certificate account 44,,771188 ++++++ 100 Coin 558866 ++++++ 4 ++++++ 31 Loans 668822 ++++++ 76 1,257 Acceptances— Held under repurchase agreements Federal agency obligations- Bought outright 88,,118877 8 185 Held under repurchase agreements1 U.S. government securities: Bought outright—Bills 8833,,449977 ++++++ 859 ++++++ 16,084 Notes 6677,,339977 ++++++ 2,753 Bonds 2244..997766 ++++++ Total bought outright? 117755,,887700 ++++++ 859 ++++++ 20,369 Held under repurchase agreements1 Total U.S. government securities 111177775555,,,,888877770000 ++++++ 859 ++++++ 20,369 Total loans and securities 111188884444,,,,777733339999 ++++++ 927 ++++++ 18,927 Items in process of collection ((((((111111,,,,,,111111777777444444)))))) 6666,,,,555588888888 6,552 226 Bank premises 666611111111 1 40 Other assets 3 •••• 11114444,,,,000044445555 ++++++ 11 ++++++ 2,745 TOTAL ASSETS ((((((111111,,,,,,111111777777444444)))))) 222222222222,,,,333377777777 5,611 ++++++ 21,614 LIABILITIES Federal Reserve notes 111177775555,,,,111100008888 872 ++++++ 12,398 Deposits: Depository institutions 22229999,,,,777799999999 ++++++ 1,183 ++++++ 7,709 U.S. Treasury—general account 4444,,,,666677779999 2,599 ++++++ 1,580 Foreign—official accounts 222255554444 ++++++ 31 ++++++ 31 Other 444422225555 116 27 Total deposits 33335555,,,,111155557777 1,501 ++++++ 9,293 Deferred credit items dddddd,,,,,,......111111777777444444)))))) 5555,,,,999977770000 3,449 256 Other liabilities and accrued dividends4 2222,,,,222233334444 ++++++ 190 87_ TOTAL LIABILITIES ((((((111111,,,,,,111111777777444444)))))) 222211118888,,,,444466669999 5,632 ++++++ 21,348 CAPITAL ACCOUNTS Capital paid in 1111,,,,777799999999 ++++++ 6 ++++++ 130 Surplus 1111,,,,777788881111 ++++++ 155 Other capital accounts 333322228888 ++++++ 15 19 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 $ 1,451 million was outstanding at the end of the lateat statement week. Net of $ 2,757 million matched sale-purchase transactions outstanding at the end of the lateat statement week. Includes $ 197 million securities loaned—fully secured by U.S. government securities. Includes assets denominated in foreign currencies, revalued monthly at market exchange rataa. Includes special investment account at Chicago of $ 61 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 26, 1986 Acceptances and securities held under repurchase agreements are classified as maturing within 15 daya 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 668 — 8,272 _ 508 331 + 132 16 days to 90 days 14 — 42,348 - 194 704 - 123 91 days to 1 year — — 55,830 + 1,561 1,744 _ 5 Over 1 year to 5 years — 32,298 «._ 3,821 + 13 Over 5 years to 10 years — 15,113 _ „ 1,178 _ 25 Over 10 years ^- — 2222,,000099 — 440099 Total 682 — 117755,,887700 ++ 859 88,,118877 8 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 February 26, 1986 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City 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 586 36 22 33 42 100 62 38 32 26 55 46 94 Loans 682 23 2 53 221 24 15 5 2 189 131 17 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,187 478 2,731 287 478 722 251 902 238 108 365 529 1,098 Held under repurchase agreements 1 U.S. government securities: Bought outright-Bills 83,497 4,878 27,851 2,924 4,881 7,364 2,557 9,199 2,424 1,101 3,724 5,397 11,197 Notes 67,397 3,937 22,480 2,360 3,940 5,945 2,064 7,425 1,957 888 3,006 4,356 9,039 Bonds 24,976 1,459 8,331 875 1,460 2,203 765 2,752 725 329 1,114 1,614 3,349 Total bought outright 2 175,870 10,274 58,662 6,159 10,281 15,512 5,386 19,376 5,106 2,318 7,844 11,367 23,585 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 175,870 10,274 58,662 6,159 10,281 15,512 5,386 19,376 5,106 2,318 7,844 11,367 23,585 Total loans and securities 184,739 10,775 61,395 6,499 10,759 16,455 5,661 20,293 5,349 2,428 8,398 12,027 24,700 Items in process of collection 7,762 408 846 361 312 414 770 650 512 418 1,327 586 1,158 Bank premises 611 93 31 48 29 99 49 23 18 24 46 19 132 Other assets 3 14,045 427 2,773 450 636 675 727 4,572 316 294 475 1,132 1,568 Interdistrict settlement account -0- + 604 - 774 -1,036 + 237 -907 +1,607 -333 +395 + 513 -1,143 - 942 +1,779 TOTAL ASSETS 223,551 13,282 68,924 7,033 12,920 18,231 9,481 27,314 7,136 3,922 10,038 13,888 31,382 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 1,451 million was outstanding at the end of the latest statement week. 2 Net of $ 2,757 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 197 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 $ 61 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 26, 1986 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 175,108 11,285 53,225 5,469 11,180 16,017 5,663 23,280 5,738 2,786 7,353 10,336 22,776 Deposits: Depository institutions 29,799 1,319 8,132 977 1,077 1,440 2,633 2,658 738 589 1,126 2,534 6,576 U.S. Treasury—general account 4,679 — 4,679 — — — — — — — — — — Foreign—official accounts 254 5 141 7 9 8 12 20 4 5 7 12 24 Other 425 2 310 1 1 23 2 78 2 — 3 1 2 Total deposits 35,157 1,326 13,262 985 1,087 1,471 2,647 2,756 744 594 1,136 2,547 6,602 Deferred credit items 7,144 424 750 321 296 344 734 506 475 389 1,278 541 1,086 Other liabilities and accrued dividends 1 2,234 122 703 79 128 187 127 244 62 32 98 142 310 TOTAL LIABILITIES 219,643 13,157 67,940 6,854 12,691 18,019 9,171 26,786 7,019 3,801 9,865 13,566 30,774 CAPITAL ACCOUNTS Capital paid in 1,799 53 440 84 106 94 150 245 54 59 81 151 282 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 328 19 105 12 16 27 13 42 9_ 4 12 23 46 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 223,551 13,282 68,924 7,033 12,920 18,231 9,481 27,314 7,136 3,922 10,038 13,888 31,382 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 210,200 14,056 58,129 7,907 13,022 18,185 10,118 25,909 7,284 3,524 11,176 12,515 28,375 Less-Held by F.R. Banks 35,092 2,771 4,904 2,438 1,842 2,168 4,455 2,629 1,546 738 3,823 2,179 5,599 F.R. notes, net 175,108 11,285 53,225 5,469 11,180 16,017 5,663 23,280 5,738 2,786 7,353 10,336 22,776 Collateral held against F.R. notes: Gold certificate account 11,090 Special Drawing Rights certif. acct. 4,718 Other eligible assets -0- U.S. govt, and agency securities 159,300 Total collateral 175,108 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis