H.4.1 Factors Affecting Reserve Balances of Depository Institutions

&^=§k* 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 24, 1986 1 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 II WWeeddnneessddaayy AApprrllTTll$$&& April 16, 1Qfifi | April 2*'1985 jj AApprriill 2233,, 11998866 Reserve Bank credit: L 2 204,320 1 + 1,962 + 18,143 212,037 U.S. government securities- Bought outright—system account 177,055 + 774 + 13,155 176,660 Held under repurchase agreements 1,698 + 614 + 1,698 6,941 Federal agency obligations- Bought outright 8,187 — - 185 8,187 Meld under repurchase agreements 223 + 101 + 223 993 Acceptances— Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 992 + 263 - 126 1,233 Includes: seasonal borrowing of 69 + 11 - 65 89 extended credit of 695 + 49 + 26 701 Float 357 + 194 - 251 1,354 Other F.R. assets 15,808 + 17 + 3,629 16,669 Gold stock 11,090 — - 2 11,090 Special Drawing Rights certificate account 4,718 — + 100 4,718 Treasury currency outstanding 17,260 + 14 + 615 17,272 Total factors supplying reserve funds 237,388 + 1,976" + 18,856 245,117 Currency in circulation* 194,368 - 497 + 13,552 194,131 Treasury cash holdings* 634 — + 54 634 Deposits, other than reserve balances, with F.R. Banks: Treasury 2,221 - 1,172 - 3,795 -0- Foreign 284 + 73 + 80 317 Service-related balances and adjustments3 1,947 + 79 + 404 1,541 Other 415 - 52 + 44 369 Other F.R. liabilities and capital 6,345 + 93 - 62] 6,234 Total factors, other than reserve balances, absorbing reserve funds 206,215 - 1,475 + 10,278 203,226 Reserve balances with F.R. Banks4 31,173 + 3,451 J + 8,577 41,891 On April 23, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 141,280 million, an increase of $ 1,467 million for the week. 1 Net of $ 4,698 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,698 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 5,198 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,198 million was with foreign official and international accounts. Includes $ 551 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,541 million and adjustments of $ 406 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 weaneslclay"" """ Wednesday ** April 23, 1986 April 16, 1986 April 24, 1985 ASSETS Gold certificate account 11,090 — - 1 Special Drawing Rights certificate account 4,718 — + 100 Coin 538 - 6 - 4 Loans 1,233 + 534 - 247 Acceptances- Held under repurchase agreements —. — Federal agency obligations- Bought outright 8,187 — - 185 Held under repurchase agreements4! 993 + 693 + 993 U.S. government securities: Bought outright—Bills 84,287 + 422 + 8,379 Notes 67,397 — + 128 Bonds 24,976 — + 1,436 Total bought outright2 176.660 + 422 + 9,943 Held under repurchase agreements1 6,941 + 3,586 + 6,941 Total U.S. government securities 183,601 + 4,008 + 16,884 Total loans and securities 194,014 + 5,235 + 17,445 Items in process of collection (1,073) 8,242 - 871 + 563 Bank premises 621 + 45 Other assets 3 16,048 + 111 + 4,038 TOTAL ASSETS (1,073) 235,271 + 5,135 + 22,186 LIABILITIES Federal Reserve notes 178,031 - 728 + 13,016 Deposits: Depository institutions 43,432 + 10,913 + 18,217 U.S. Treasury—general account — - 3,484 - 8,868 Foreign—official accounts 317 + 82 + 137 Other 369 - 103 + 54 Total deposits 44,118 + 7,408 + 9,540 Deferred credit items (1,073) 6,888 _ 1,736 _ 375 Other liabilities and accrued dividends4 2,268 + 188 _ 252 TOTAL LIABILITIES (1,073) 231,305 + 5,132 + 21,929 CAPITAL ACCOUNTS Capital paid in 1,825 - 2 + 138 Surplus 1,781 — + 155 Other capital accounts 360 + 5 - 36 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 $ _o- million was outstanding at the end of the latest statement week. Net of $ 5,198 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 551 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 $ 54 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, April 23, 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 1,229 _„. 12,530 + 1,117 1,228 + 948 16 days to 90 days 4 — 43,642 + 623 581 + 79 91 days to 1 year __ _- 57,686 + 2,268 1,880 _. 47 Over 1 year to 5 years —*- —— 32,626 3,837 + 59 Over 5 years to 10 years — — 15,108 — 1,230 46 Over 10 years — 2222,,000099 .. --442244 Total 1,233 — 118833,,660011 ++ 4,008 99,,118800 ++ 993 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 23, 1986 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San 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 cert if. acct. 4,718 281 1,354 195 270 426 192 620 157 63 263 307 590 Coin 538 37 21 30 39 92 52 31 27 29 55 37 88 Loans 1,233 14 52 102 1 269 12 17 27 12 380 186 161 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 1 993 993 U.S. government securities: Bought outright—Bills 84,287 4,924 28,114 2,952 4,927 7,433 2,582 9,286 2,447 1,111 3,760 5,448 11,303 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 2 176,660 10,320 58,925 6,187 10,327 15,581 5,411 19,463 5,129 2,328 7,880 11,418 23,691 Held under repurchase agreements 1 6,941 6,941 Total U.S. government securities 183,601 10,320 65,866 6,187 10,327 15,581 5,411 19,463 5,129 2,328 7f880 11,418 23,691 Total loans and securities 194,014 10,812 69,642 6,576 10,806 16,572 5,674 20,382 5,394 2,448 8,625 12,133 24,950 Items in process of collection 9,315 449 939 486 302 360 1,559 504 518 394 1,267 784 1,753 Bank premises 621 93 33 48 29 100 49 24 18 24 45 19 139 Other assets 3 16,048 487 4,072 500 695 761 811 4,553 350 320 531 1,222 1,746 Interdistrict settlement account -0- + 856 -11,846 -424 + 653 + 964 +2,193 +1,620 + 839 + 704 - 809 + 83 +5,167 TOTAL ASSETS 236,344 13,673 67,492 7,894 13,429 20,244 10,943 29,185 7,660 4,138 10,594 15,298 35,794 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 $ 5,198 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 551 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 $ 54 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 23, 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 178,031 10,965 52,805 5,532 10,995 16,348 6,252 24,204 5,713 2,835 7,469 10,841 24,072 Deposits: Depository institutions 43,432 1,947 11,632 1,655 1,760 3,121 3,580 3,583 1,288 730 1,591 3,129 9,416 U.S. Treasury—general account -0- — -0- — — — — — — — — — — Foreign—official accounts 317 5 204 7 9 8 12 20 4 5 7 12 24 Other 369 1 256 — — 39 1 67 1 — 2 — 2 Total deposits 44,118 1,953 12,092 1,662 1,769 3,168 3,593 3,670 1,293 735 1,600 3,141 9,442 Deferred credit items 7,961 502 779 446 300 326 703 536 472 414 1,252 852 1,379 Other liabilities and accrued dividends1 2,268 125 807 77 128 186 79 245 62 33 96 139 291 TOTAL LIABILITIES 232,378 13,545 66,483 7,717 13,192 20,028 10,627 28,655 7,540 4,017 10,417 14,973 35,184 CAPITAL ACCOUNTS Capital paid in 1,825 55 453 82 109 95 153 246 55 59 82 152 284 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 360 20 117 12 21 30 16 43 U_ 4_ 15 25 46 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 236,344 13,673 67,492 7,894 13,429 20,244 10,943 29,185 7,660 4,138 10,594 15,298 35,794 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 212,299 13,828 58,106 7,810 12,562 18,389 11,305 26,225 7,152 3,478 11,355 12,797 29,292 Less-Held by F.R. Banks 34,268 2,863 5,301 2,278 1,567 2,041 5,053 2,021 1,439 643 3,886 1,956 5,220 F.R. notes, net 178,031 10,965 52,805 5,532 10,995 16,348 6,252 24,204 5,713 2,835 7,469 10,841 24,072 Collateral held against F.R. notes: Gold certificate account 11,090 Special Drawing Rights certif. ace 4,718 Other eligible assets -0- U.S. govt, and agency securities 162,223 Total collateral 178,031 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