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 •: ML RE's ^:-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 May 1 , 1986 Averages of daily figures (millions of dollars) Reserve balances of depository institutions at F.R Banks, Reserve Bank credit, and related items WWeeeekk eennddeedd Change from week ended WWeeddnneessddaayy AApprriill 3300''ii qqaafftt Apr 11 23'1986 ~n~a y lf 1985 AApprriill 33°°''11998866 Reserve Bank credit: 1 2 204,688 + 401 + 9,649 210,494 U.S. government securities- Bought outright—system account 176,103 - 952 + 9,014 174,312 Held under repurchase agreements 2,248 + 550 - 2,613 7,522 Federal agency obligations- Bought outright 8,187 — - 185 8,187 Held under repurchase agreements 498 + 275 + 64 1,433 Acceptances- Bought outright — — — Held under repurchase agreements — — Loans to depository institutions 1,057 + 65 _ 215 954 Includes: seasonal borrowing of 91 + 22 _ 82 86 extended credit of 690 - 5 + 18 666 Float 521 + 205 + 448 851 Other F.R. assets 16,074 + 258 + 3,137 17,235 Gold stock 11,090 - 1 11,089 Special Drawing Rights certificate account 4,718 + 100 4,718 Treasury currency outstanding 17,274 + 14 + 612 17,286 Total factors supplying reserve funds 237,769 + 414 + 10,359 243,587 Currency in circulation* 194,031 333 + 13,551 194,536 Treasury cash holdings* , 638 + 51 638 Deposits, other than reserve balances, with F.R. Banks: Treasury 6,769 + 4,548 _ 9,694 11,550 Foreign 246 _ 38 + 24 326 Service-related balances and adjustments3 1,723 _ 224 + 147 1,577 Other 414 _ 1 + 112 441 Other F.R. liabilities and capital 6,389 + 44 - 99 6,685 Total factors, other than reserve balances, absorbing reserve funds 210,211 + 3,996 + 4,093 215,753 Reserve balances with F.R. Banks4 27,559 - 3,581 + 6,266 27,834 On April 30, 1986 . marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 146,001 million, an increase of $ 4,721 million for the week. 1 Net of $ 5,876 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,876 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 7,699 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 7,699 million was with foreign official and international accounts. Includes $ 559 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ l ,577 million and adjustments of $ 146 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 RANKS Millions of dollars Change since Wednesday Wednesday, Wednesday, April 30, 1986 April 23, 1986 May 1, 1985 ASSETS Gold certificate account 11,089 1 2 Special Drawing Rights certificate account 4,718 100 Coin 530 8 61 Loans 954 279 334 Acceptances- Held under repurchase agreements Federal agency obligations- 8,187 184 Bought outright 1,433 440 851 Held under repurchase agreements1 U.S. government securities: 81,939 2,348 6,839 Bought outright—Bills 67,397 + 128 Notes 24,976 1,436 Bonds 174,312 - 2,348 •f a,403 Total bought outright 2 7,522 + 581 - 3.204 Held under repurchase agreements1 181,834 - 1,767 + 5,199 Total U.S. government securities 192,408 - 1,606 + 5,532 Total loans and securities (1,237) 7,798 - 444 - 376 Items in process of collection 623 + 2 + 45 Bank premises 16,612 + 564 + 4,096 Other assets 3 (1,237) 233,778 - 1,493 + 9,334 TOTAL ASSETS LIABILITIES Federal Reserve notes 178,418 + 387 + 12,796 Deposits: Depository institutions 29,411 - 14,021 + 4,957 U.S. Treasury—general account 11,550 •f 11,550 - 8,110 Foreign—official accounts 326 + 9 + 148 Other 441 + 72 + 75 Total deposits 41,728 - 2,390 - 2,930 Deferred credit items (1,237) 6,947 + 59 - 859 Other liabilities and accrued dividends4 2,217 - 51 - 401 TOTAL LIABILITIES (1,237) 229,310 1,995 8,606 CAPITAL ACCOUNTS Capital paid in 1,828 + 125 Surplus 1,781 + 155 Other capital accounts 859 499 + 448 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 $ 7,699 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $559 million securities loaned—fully secured by U.S. government securities. includes assets denominated in foreign currencies, revalued monthly at market exchange ratea. Includes special investment account at Chicago of $ 56 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 30, 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 936 13,456 926 2,049 821 18 days to 90 days 18 39,760 3,882 159 422 91 days to 1 year 58,193 + 507 1,795 85 Over 1 year to 5 years .33,308 + 682 3,902 + 65 Over 5 years to 10 years 15,108 1,291 + 61 Over 10 years 22,009 424 Total 954 181,834 1,767 9,620 440 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 30, 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 11,089 658 3,276 483 635 969 413 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 CCooiinn 530 36 20 29 37 93 51 31 27 28 55 37 86 LLooaannss 954 17 4 40 -- 174 21 27 22 17 363 258 11 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 1,433 ~ 1,433 — — — — — — __ U.S. government securities: Bought outright—Bills 81,939 4,787 27,331 2,869 4,790 7,226 2,510 9,027 2,379 1,080 3,655 5,297 10,988 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 2 174,312 10,183 58.142 6,104 10,190 15,374 5,339 19,204 5,061 2,297 7,775 11,267 23,376 Held under repurchase agreements 1 7,522 — 7,522 — — — — — — — — — — Total U.S. government securities 181,834 10,183 65,664 6,104 10,190 15,374 5,339 19,204 5,061 2,297 7,775 11,267 23,376 Total loans and securities 192,408 10,678 69,832 6,431 10,668 16,270 5,611 20,133 5,321 2,422 8,503 12,054 24,485 Items in process of collection 9,035 565 909 515 356 414 849 921 599 456 1,363 446 1,642 Bank premises 623 93 33 48 29 100 50 25 18 24 45 19 139 Other assets 3 16,612 487 4,090 503 730 774 834 4,572 352 323 558 1,235 2,154 Interdistrict settlement account -0- + 748 -3,928 - 898 + 46 - 231 +2,249 + 863 + 315 + 702 -1,132 - 634 +1,900 TOTAL ASSETS 235,015 13,546 75,586 7,306 12,771 18,815 10,249 28,616 7,146 4,174 10,272 14,177 32,357 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 $ _o- million was outstanding at the end of the latest statement week. 2 Net of $ 71699 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 559 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 $ 56 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 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 178,418 11,241 53,006 5,513 11,003 16,338 6,234 24,224 5,681 2,852 7,489 10,829 24,008 Deposits: Depository institutions 29,411 1,498 7,647 1,061 1,029 1,686 2,864 2,774 738 697 1,182 2,330 5,905 U.S. Treasury—general account 11,550 11,550 Foreign—official accounts 326 5 213 7 9 8 12 20 4 5 7 12 24 Other 441 1 318 1 39 2 69 2 3 3 3 Total deposits 41,728 1,504 19,728 1,068 1,039 1,733 2,878 2,863 744 702 1,192 2,345 5,932 Deferred credit items 8,184 534 920 447 335 373 699 674 524 441 1,298 498 1,441 Other liabilities and accrued dividends 1 2,217 122 783 76 124 183 76 250 61 34 94 134 280 TOTAL LIABILITIES 230,547 13,401 74,437 7,104 12,501 18,627 9,887 28,011 7,010 4,029 10,073 13,806 31,661 CAPITAL ACCOUNTS Capital paid in 1,828 55 453 84 109 95 153 246 56 59 82 152 284 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 859 37 257 35 54 2 62 118 26 28 37 71 132 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 235,015 13,546 75,586 7,306 12,771 18,815 10,249 28,616 7,146 4,174 10,272 14,177 32,357 FFEEDDEERRAALL RREESSEERRVVEE AAGGEENNTTSS'' AACCCCOOUUNNTTSS FF..RR.. nnootteess oouuttssttaannddiinngg 211,992 14,086 58,138 7,761 12,515 18,310 11,299 26,165 7,106 3,465 11,304 12,743 29,100 LLeessss--HHeelldd bbyy FF..RR.. BBaannkkss 33,574 2,845 5,132 2,248 1,512 1,972 5,065 1,941 1,425 613 3,815 1,914 5,092 FF..RR.. nnootteess,, nneett 178,418 1111,,224411 5533,,000066 55,,551133 1111,,000033 1166,,333388 66,,223344 2244,,222244 55,,668811 22,,885522 77,,448899 1100,,882299 24,008" CCoollllaatteerraall hheelldd aaggaaiinnsstt FF..RR.. nnootteess:: GGoolldd cceerrttiiffiiccaattee aaccccoouunntt 11,089 SSppeecciiaall DDrraawwiinngg RRiigghhttss cceerrtt iiff.. aaccee 4,718 OOtthheerr eelliiggiibbllee aasssseettss -0- UU..SS.. ggoovvtt,, aanndd aaggeennccyy sseeccuurriittiieess 162,611 Total collateral 178,418 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