H.4.1 Factors Affecting Reserve Balances of Depository Institutions

'A bl__ou, FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when •:«4LRE' 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 June 19, 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 JJuunnee 1188,, 11998866 __J__u_ne 11, 1986 June 19, 1985 June 18, 1986 Reserve Bank credit: ^2 209,437 3,091 ~~+ 20,947 210,579 U.S. government securities- Bought outright—system account 181,194 - 617 + 15,142 183,555 Held under repurchase agreements 2,248 + 2,248 + 2,248 895 Federal agency obligations- Bought outright 8,137 — - 166 8,137 Held under repurchase agreements 739 + 739 + 739 780 Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 734 + 31 - 693 872 Includes: seasonal borrowing of 105 + 6 - 31 114 extended credit of 521 - 9 - 286 537 Float 1,067 + 348 + 269 632 Other F.R. assets 15,318 + 341 + 3,408 15,708 Gold stock 11,085 — - 5 11,084 Special Drawing Rights certificate account 4,818 — + 200 4,818 Treasury currency outstanding 17,338 + 14 + 587 17,350 Total factors supplying reserve funds 242,678 + 3,105 + 21,730 243,831 Currency in circulation* 198,880 + 234 + 13,240 198,763 Treasury cash holdings* 636 — + 39 636 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,075 + 600 + 561 4,622 Foreign 209 - 7 - 31 181 Service-related balances and adjustments3 1,960 + 181 + 192 1,579 Other 533 + 113 - 89 517 Other F.R. liabilities and capital 6,456 + 365 + 99 6,271 Total factors, other than reserve balances, absorbing reserve funds 211,749 + 1,486 + 14,011 212,569 Reserve balances with F.R. Banks« 30,928 + 1,619 + 7,717 31,262 On June 18, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 148,407 million, an increase of $ 1,417 million for the week. 1 Net of $ 4,726 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $4,726 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 2,426 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,426 million was with foreign official and international accounts. Includes $ 147 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,579 million and adjustments of $ 381 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 ** WWeeddnneessddaayy Wednesday, Wednesday, June 18, 1986 June 11, 1986 June 19, 1985 ASSETS | Gold certificate account 11,084 - 1 - 6 Special Drawing Rights certificate account 4,818 — + 200 Coin 487 - 8 + 5 Loans 872 + 122 - 2,934 Acceptances- Held under repurchase agreements __ ~ — Federal agency obligations- Bought outright 8,137 — - 166 Held under repurchase agreements'! 780 + 780 + 780 U.S. government securities: Bought outright—Bills 91,182 + 2,405 + 16,560 Notes 67,097 — + 31 Bonds 25,276 — + 1,533 Total bought outright* 183,555 + 2,405 + 18,124 Held under repurchase agreements 1 5^F + 895 •+- 895 Total U.S. government securities 184,450 + 3,300 + 19,019 Total loans and securities 194,239 + 4,202 + 16,699 Items in process of collection (1297) 7,648 + 1,195 - 134 Bank premises 634 + 2 + 50 Other assets 3 15,074 + 467 + 3,491 TOTAL ASSETS (1297) 233,984 + 5,857 + 20,305 LIABILITIES Federal Reserve notes 182,536 - 161 + 12,741 Deposits: Depository institutions 32,841 + 3,258 + 6,684 U.S. Treasury—general account 4.622 + 1,626 + 1,081 Foreign—official accounts 181 - 27 + 13 Other 517 + 72 - 50 Total deposits 38,161 + 4,929 + 7,728 Deferred credit items (1297) 7,016 + 992 - 249 Other liabilities and accrued dividends* 2,316 + 68 - 107 TOTAL LIABILITIES (1297) 230,029 + 5,828 + 20,113 CAPITAL ACCOUNTS Capital paid in 1,806 _ 1 + 90 Surplus 1,781 + 1 + 155 Other capital accounts 368 + 29 - 53 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 $ 2,334 million was outstanding at the end of the latest statement week. Net of $ 2,426 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 147 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 $ 66 million in Treasury bills maturing within 90 days. Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commltments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, June 18, 1986 Acceptances and securities held under repurchase agreements are claaaified as maturing within 15 days In accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligatione LLooaannss AAcccceeppttaanncceess Holdings |Weekly changes Holdings (Weekly changes Within 15 days ! 867 — 10,255 + 2,416 922 + 922 16 days to 90 days 5 — 46,334 - 1,320 613 - 94 91 days to 1 year — — 56,819 + 2,204 1,848 - 48 Over 1 year to 5 years — — 33,439 — 3,783 — Over 5 years to 10 years — — 15,294 — 1,327 — Over 10 years — **~~--~~ 2222,,330099 — 442244 — Total I 872 118844,,445500 + 3,300 88,,991177 + 780 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 June 18, 1986 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapo is City Dallas Francisco ASSETS Gold certificate account 11,084 703 3,146 431 650 959 507 1,394 366 168 598 692 1,470 Special Drawing Rights certif. acct. 4,818 301 1,430 156 301 442 195 630 154 63 208 295 643 Coin 487 26 15 23 33 91 52 26 23 27 49 38 84 Loans 872 43 2 30 4 130 13 31 16 31 338 164 70 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 8,137 482 2,638 261 478 699 325 907 239 118 334 521 1,135 Held under repurchase agreements ' 780 780 U.S. government securities: Bought outright-Bills 91,182 5,399 29,565 2,920 5,355 7,837 3,638 10,169 2,683 1,318 3,746 5,838 12,714 Notes 67,097 3,973 21,756 2,148 3,940 5,767 2,677 7,483 1,975 969 2,756 4,297 9,356 25,276 1,497 8,196 809 1,484 2,172 1,009 2,819 744 365 1,038 1,619 3,524 TToottaall bboouugghhtt oouuttrriigghhtt 22 183,555 10,869 59,517 5,877 10,779 15,776 7,324 20,471 5,402 2,652 7,540 11,754 25,594 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss 11 895 895 TToottaall UU,,SS,, ggoovveerrnnmmeenntt sseeccuurriittiieess 184,450 10,869 60,412 5,877 10,779 15,776 7,324 20,471 5,402 2,652 7,540 11,754 25,594 Total loans and securities 194,239 11,394 63,832 6,168 11,261 16,605 7,662 21,409 5,657 2,801 8,212 12,439 26,799 Items in process of collection 8,945 520 1,083 665 381 485 608 675 606 504 1,182 708 1,528 8ank premises 634 93 33 48 29 100 50 28 19 24 45 19 146 Other assets 3 15,074 447 3,151 525 674 692 909 4,566 344 326 507 1,213 1,720 Interdistrict settlement account -0- + 589 -3,370 - 139 + 649 - 372 + 432 + 646 + 252 4- 323 - 108 - 483 + 1,581 TOTAL ASSETS 235,281 14,073 69,320 7,877 13,978 19,002 10,415 29,374 7,421 4,236 10,693 14,921 33,971 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 $ 2,334 million was outstanding at the end of the latest statement week. 2 Net of $ 2,426 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 147 million securities loaned-fully secured by U.S. government securities. 3 Inci-jdes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 66 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 June 18, 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 182,536 11,391 53,765 5,681 11,665 16,150 6,404 25,258 5,580 2,881 7,951 11,107 24,703 Deposits: Depository institutions 32,841 1,903 7.799 1,399 1,588 1,967 2,872 2,590 1,067 667 1,303 2,683 7,003 U.S. Treasury—general account 4,622 4,622 Foreign—official accounts 181 5 68 7 9 8 12 20 4 5 7 12 24 Other 517 375 2 40 2 91 2 2 3 Total deposits 38,161 1,908 12,864 1,406 1,599 2,015 2,886 2,701 1,071 672 1,312 2,697 7,030 Deferred credit items 8,313 515 913 536 342 428 703 615 580 525 1,161 647 1,348 Other liabilities and accrued dividends 1 2,316 131 766 74 133 188 101 268 67 37 92 142 317 TOTAL LIABILITIES 231,326 13,945 68,308 7,697 13,739 18,781 10,094 28,842 7,298 4,115 10,516 14,593 33,398 CAPITAL ACCOUNTS Capital paid in 1,806 55 455 85 110 97 154 248 57 59 83 154 249 Surplus 1,781 53 439 83 107 91 147 241 54 58 80 148 280 Other capital accounts 368 20 118 12 22 33 20 43 12 4 14 26 44 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 235,281 14,073 69,320 7,877 13,978 19,002 10,415 29,374 7,421 4,236 10,693 14,921 33,971 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 215,486 14,255 58,756 7,677 13,181 18,226 11,576 27,234 6,928 3,438 11,538 13,094 29,583 Less-Held by F.R. Banks 32,950 2,864 4,991 1,996 1,516 2,076 5,172 1,976 1,348 557 3,587 1,987 4,880 F.R. notes, net 182,536 1111,,339911 5533,,776655 55,,668811 1111,,666655 1166,,115500 66,,440044 2255,,225588 55,,558800 22,,888811 77,,995511 1111,,110077 24,703 Collateral held against F.R. notes: Gold certificate account 11,084 Special Drawing Rights certif. ace 4,818 Other eligible assets -0- U.S. govt, and agency securities 166,634 Total collateral 182,536 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