H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE *.^VV These data are scheduled for release each Thursday. The exact time of each release will be announced, when *AL REV 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 April 3> 1986 Averages of daily figu res (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 AApprriill 22,, 11998866 March 26, April 3, April 2, 1986 Reserve Bank credit: 1 2 201,738 +j QQA 2,862 +1 9851 8,144 201,379 U.S. government securities- Bought outright—system account 176,049 + 2,583 + 15,863 176,143 Held under repurchase agreements — - 375 334 — Federal agency obligations- Bought outright 8,187 — 185 8,187 Held under repurchase agreements — - 148 21 — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 795 + 15 892 683 Includes: seasonal borrowing of 82 + 12 43 79 extended credit of 573 + 32 728 520 Float 1,066 + 835 + 525 756 Other F.R. assets 15,640 - 50 + 3,187 15,610 Gold stock 11,090 — 3 11,090 Special Drawing Rights certificate account 4,718 — + 100 4,718 Treasury currency outstanding 17,218 + 14 + 615 17,230 Total factors supplying reserve funds 234,764 + 2,876 + 18,856 234,417 Currency in circulation* 193,251 + 776 + 13,681 193,915 Treasury cash holdings* 613 — + 55 613 Deposits, other than reserve balances, with F.R. Banks: Treasury 2,926 - 684 55 2,817 Foreign 244 - 22 7 249 Service-related balances and adjustments3 2,059 + 302 + 410 1,538 Other 454 + 27 + 56 492 Other F.R. liabilities and capital 6,174 - 104 398 5,896 Total factors, other than reserve balances, absorbing reserve funds 205,722 + 296 + 13,743 205,520 Reserve balances with F.R. Banks4 29,042 + 2,580 + 5,112 28,897 On April 2, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 139,998 million, an increase of $ 4,776 million for the week. 1 Net of $ 2,958 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2,958 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2,943 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,943 million was with foreign official and international accounts. Includes $ 540 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,538 million and adjustments of $ 521 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, April 2, 1986 March 26, 1986 Apri 1 3, 1985 ASSETS Gold certificate account 11,090 — - 3 Special Drawing Rights certificate account 4,718 — + 100 Coin 553 - 9 - 5 Loans 683 - 212 - 141 Acceptances- Held under repurchase agreements __ Federal agency obligations- Bought outright 8,187 « 185 Held under repurchase agreements1 — _ 1,035 U.S. government securities: Bought outright—Bills 83,770 + 2,055 + 14,443 Notes 67,397 + 1,327 BBoonnddss 24,976 — + 1,532 TToottaall bboouugghhtt oouuttrriigghhtt22 176,143 + 2,055 + 17,302 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss''!! 2,624 TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess 176,143 __ 569 + 17 302 Total loans and securities 185,013 _ 1,816 + 16,976 Items in process of collection (1,158) 7,561 + 1,883 180 Bank premises 618 + 1 + 44 Other assets3 TOTAL ASSETS 14,992 - 497 + 3,423 (1,158) 224,545 - 438 + 20,355 LIABILITIES Federal Reserve notes 177,851 + 1,161 + 12,842 Deposits: Depository institutions 30,435 - 2,932 + 7,835 U.S. Treasury—general account 2,817 + 423 + 134 Foreign—official accounts 249 + 62 + 57 Other 492 + 115 + 90 Total deposits 33,993 «. 2,332 4- 8,116 Beffered credit items (1,158) 6,805 + 981 147 Other liabilities and accrued dividends4 2,139 56 239 TOTAL LIABILITIES (1,158) 220,788 246 + 20,572 CAPITAL ACCOUNTS Capital paid in 1,821 + 1 + 134 Surplus 1,781 — + 157 Other capital accounts 155 - 193 - 508 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 $ 1,989 million was outstanding at the end of the latest statement week. Net of $2,943 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 540 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 $ 53 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, AP ril 2» 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 Loans Acceptances Holdings [Weekly changes Holdings [Weekly changes Within 15 days 663 9,010 210 38 1,243 16 days to 90 days 20 41,352 1,074 760 + 143 91 days to 1 year 56,038 11 1,909 + 65 Over 1 year to 5 years 32,621 306 3,793 Over 5 years to 10 years 15,113 1,263 Over 10 years 22,009 424 Total 683 176,143 569 8,187 1,035 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 April 2, 1986 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas . Fra S n a c n is co 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 553 38 21 31 39 95 50 35 29 28 54 41 92 Loans 683 10 5 36 2 205 19 9 26 16 152 191 12 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 83,770 4,894 27,941 2,934 4 ,897 7,388 2,566 9,229 2,432 1,104 3,736 5,415 11,234 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_,4 60 2,203 765 2,752 725 329 1,114 1,614 3,349 Total bought outright 2 176,143 10,290 58,752 6,169 10 ,297 15,536 5,395 19,406 5,114 2,321 7,856 11,385 23,622 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 176,143 10,290 58,752 6,169 To,"2 97 15,536 5,395 19,406 5,114 2,321 7,856 11,385 23,622 Total loans and securities 185,013 10,778 61,488 6,492 10 ,777 16,463 5,665 20,317 5,378 2,445 8,373 12,105 24,732 Items in process of collection 8,719 601 789 463 302 662 819 611 592 428 1,356 667 1,429 Bank premises 618 93 31 48 29 101 49 24 18 24 45 19 137 Other assets 3 14,992 439 3,199 487 666 703 813 4,618 338 319 512 1,210 1,688 Interdistrict settlement account -0- + 683 -3,547 -723 +84 - 256 +1,400 + 570 + 359 +502 -1,097 - 348 + 2,373 TOTAL ASSETS 225,703 13,571 66,612 7,476 17, 802 19,163 9,401 28,246 7,228 3,965 10,123 14,714 32,402 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 $ 1,989 million was outstanding at the end of the latest statement week. 2 Net of $ 2,943 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 540 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 $ 53 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 April 2, 1986 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis K C an it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 177,851 11,122 52,840 5,635 11,247 16,199 5,877 24,234 5,840 2,845 7,542 10,894 23,576 Deposits: Depository institutions 30,435 1,742 8,002 1,175 882 2,066 2,362 2,589 637 526 979 2,856 6,619 U.S. Treasury—general account 2,817 2,817 Foreign—official accounts 249 5 136 7 9 8 12 20 4 5 7 12 24 Other _j 492 1 352 1 59 1 67 1 3 2 5 Total deposits 33,993 1,748 11,307 1,182 892 2,133 2,375 2,676 642 531 989 2,870 6,648 Deferred credt items 7,963 461 798 412 315 444 779 592 573 439 1,329 506 1,315 Other liabi ities and accrued dividends 1 2,139 122 710 78 124 183 69 240 60 32 95 136 290 TOTAL LIABILITIES 221,946 13,453 65,655 7,307 12,578 18,959 9,100 27,742 7,115 3,847 9,955 14,406 31,829 CAPITAL ACCOUNTS Capital paid in 1,821 53 453 84 109 93 152 246 55 59 82 152 283 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 155 12 65 2 8 20 2 17 4 1 6 8 10 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 225,703 13,571 66,612 7,476 12,802 19,163 9,401 28,246 7,228 3,965 10,123 14,714 32,402 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 211,304 13,906 58,036 7,905 12,704 18,008 10,669 26,323 7,243 3,450 11,410 12,798 28,852 Less-Held by F.R. Banks 33,453 2,784 5,196 2,270 1,457 1,809 4,792 2,089 1,403 605 3,868 1,904 5,276 F. R. notes, net 177,851 1111,,112222 5522,,884400 55,,663355 1111,,224477 1166,,119999 55,,887777 2244,,223344 55,,884400 22,,884455 77,,554422 1100,,889944 23,576 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 162,043 Total collateral 177,851 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