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 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 17, 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 AApprriill 1166,, 11998866 ""Splr ii y, IQftA Apir il 1/, April 16, 1986 Reserve Bank credit: 12 202,358 + 932 + 15,5 IQ 71 ft S 205,160 U.S. government securit es— Bought outright—system account 176,281 + 121 + 12,056 176,238 Held under repurchase agreements 1,084 + 1,084 + 1,084 3,355 Federal agency obligations- Bought outright 8,187 — - 185 8,187 Held under repurchase agreements 122 + 122 + 122 300 Acceptances- Bought outright Held under repurchase agreements __ Loans to depository institutions 729 _ 223 » 469 699 Includes: seasonal borrowing of 58 «. 12 «. 69 60 extended credit of 646 + 67 - 217 618 Float 163 - 521 - 379 489 Other F.R. assets 15,791 + 348 + 3,341 15,892 Gold stock 11,090 — «. 3 11,090 Special Drawing Rights certificate account 4,718 + 100 4,718 Treasury currency outstanding 17,246 + 14 JL_ 615 17,258 Total factors supplying reserve funds 235,412 + 946 + 16,283 238,226 Currency in circulation* 194,865 + 497 + 13,167 194,839 Treasury cash holdings* 634 — + 64 634 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,393 + 28 - 327 3,484 Foreign 211 _ 20 - 20 235 Service-related balances and adjustments3 1,856 + 96 + 269 1,530 Other 467 - 2 - 186 472 Other F.R. liabilities and capital 6,252 + 160 + 66 6,043 Total factors, other than reserve balances, absorbing reserve funds 207,678 + 758 + 13,032 207,237 Reserve balances with F.R. Banks4 27,734 + 189 + 3,250 1 30,989 On April 16, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $139,813 million,a decrease of $ 2,401 million for the week. 1 Net of $ 5,048 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,048 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 5,230 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,230 million was with foreign official and international accounts. Includes $ 76 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,530 million and adjustments of $ 326 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 Wednesday "Wednesday, Wednesday, April 16, 1986 April 9, 1986 April 17, 1985.__ ASSETS Gold certificate account 11.090 3 Special Drawing Rights certificate account 4.718 + 100 Coin 544 27 3 Loans 699 1,820 571 Acceptances- Held under repurchase agreements Federal agency obligations- 8,187 — - 185 Bought outright 300 + 300 + 300 Held under repurchase agreements1 U.S. government securities: 83,865 + 1,320 + 10,235 Bought outright—Bills 67,397 — + 128 Notes 2244,,997766 — 1,436 Bonds 117766,,223388 ++ 1,320 ++ 11,799 Total bought outright* Held under repurchase agreements1 3,355 + 3,355 + 3,355 179.593 + 4,675 + 15,154 Total U.S. government securities 188,779 + 3,155 + 14,698 Total loans and securities Items in process of collection (1.598) 9,113 + 1,740 + 1,030 621 + 4 + 45 Bank premises Other assets 3 15,271 + 326 + 2,350 (1,598) 230,136 + 5,198 + 18,217 TOTAL ASSETS LIABILITIES Federal Reserve notes 178,759 - 59 + 12,789 Deposits: Depository institutions 32,519 + 3,020 + 5,939 U.S. Treasury—general account 3,484 + 584 - 800 Foreign—official accounts 235 - 16 + 30 Other 472 + 21 - 352 Total deposits 36,710 + 3,615 + 4,817 Deferred credit items (1.598) 8,624 + 1,692 + 639 Other liabilities and accrued dividends4 2,080 - 56 - 298 TOTAL LIABILITIES (1.598) 226,173 + 5,192 + 17,947 CAPITAL ACCOUNTS Capital paid in 1,827 + 3 + 140 Surplus 1,781 — + 155 Other capital accounts 355 JL JL5L * Figures in parentheses are the eliminations made in the consolidating process. 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 $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 5,230million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 76 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 $ 57 million in Treasury bills maturing within 00 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, April 16, 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 698 — 11.413 + 5,673 280 + 197 16 days to 00 days 1 — 43,019 + 885 502 - 213 01 days to 1 year | — — 55,418 - 1,883 1,927 + 13 Over 1 year to 5 years — — 32,626 + 5 3,578 — 10 Over 5 years to 10 years — — 15,108 5 1,276 + 13 Over 10 years --ff55 2222,,000099 442244 Total 669999 117799,,559933 + 4,675 88,,118877 — 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 16, 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 63 263 307 590 544 38 20 30 40 93 51 33 28 29 54 38 90 CCooiinn 699 5 6 16 2 189 — 5 8 14 281 167 6 LLooaannss 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 1 300 — 300 — — — — — — — — — — U.S. government securities: Bought outright-Bills 83,865 4,899 27,973 2,937 4,903 7,396 2,569 9.239 2,435 1,105 3,741 5,421 11,247 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 2 176,238 10,295 58,784 6,172 10,303 15.544 5,398 19,416 5,117 2,322 7,861 11,391 23,635 Held under repurchase agreements 1 3,355 — 3,355 — — — — — — — — — — Total U.S. government securities 179,593 10,295 62,139 6,172 10,303 15.544 5,398 19,416 5,117 2,322 7,861 11,391 23,635 Total loans and securities 188.779 10,778 65,176 6,475 10,783 16,455 5,649 20,323 5,363 2,444 8,507 12,087 24,739 items in process of collection 10.711 545 1,183 623 438 533 869 1,058 635 556 1,571 814 1,886 Bank premise* 621 93 33 48 29 100 49 24 18 24 45 19 139 Other assets 3 15,271 456 3,429 499 685 726 767 4,531 349 330 527 1,241 1,731 Interdistrict settlement account -0- + 570 -7,309 - 453 + 226 + 509 +2,248 +1,206 + 436 + 542 -1,058 - 325 +3,408 TOTAL ASSETS 231,734 13,419 67,163 7,900 13,106 19,811 10,238 29,246 7,343 4,144 10,526 14,894 33,944 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 $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 5,230 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 76 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 $57 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 16, 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 178,759 11,126 53,102 5,580 11,182 16,471 5,762 24,567 5,780 2.846 7,555 10,872 23,916 Deposits: Depository institutions 32,519 1,433 7,328 1,431 1,111 2,376 3,209 3,104 761 535 1,127 2,780 7.324 U.S. Treasury-general account 3,484 3,484 Foreign-official accounts 235 5 122 7 9 8 12 20 4 5 7 12 24 Other 472 2 343 1 1 40 1 74 1 1 2 1 5 Total deposits 36,710 1,440 11,277 1,439 1,121 2,424 3,222 3,198 766 541 1,136 2,793 7.353 Deferred credit items 10,222 607 1.080 628 443 521 882 717 618 605 1,566 767 1.788 Other liabilities and accrued 2,080 120 692 75 123 178 58 235 59 31 92 137 280 TOTAL LIABILITIES 227,771 13,293 66.151 7,722 12,869 19,594 9.924 28,717 7,223 4.023 10,349 14,569 33.337 CAPITAL ACCOUNTS Capital paid in 1,827 55 453 84 109 95 153 246 56 59 82 152 283 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 355 18 120 11 21 31 14 42 10 4 15 25 44 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 231.734 13,419 67,163 13,106 19,811 10,238 29,246 7,343 4.144 10,526 14,894 33,944 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 211,921 13,939 58,111 7,820 12,700 18,345 10,560 26,512 7,177 3.496 11,379 12,810 29,072 Less Held by F R Banks 33,162 2,813 5,009 2,240 1,518 1,874 4,798 1,945 1,397 650 3,824 1,938 5,156 F.R. notes, net 178,759 1111,,112266 5533..110022 55,,558800 1111,,118822 1166,,447711 55,,776622 2244,,556677 55,,778800 22,,884466 77,,555555 1100,,887722 23,916 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 162,951 Total collateral 178,759 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