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 ••f^ss?; 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 26, 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 Wednesday JJuunnee 2255.. 11998866 June 18, 1986 June 26, 1985 June 25, 1986 Reserve Bank credit: 1* 207,255 - 2,226 + 19,203 207,102 U.S. government securities- Bought outright—system account 182,145 + 951 + 15,436 181,893 Held under repurchase agreements — - 2,248 — — Federal agency obligations- Bought outright 8,137 — - 166 8,137 Held under repurchase agreements — - 739 — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 784 + 50 + 49 797 Includes: seasonal borrowing of 121 + 16 - 28 131 extended credit of 531 + 10 + 38 523 Float 792 - 317 + 478 363 Other F.R. assets 15,397 + 77 + 3,406 15,912 Gold stock 11,084 - 1 - 6 11,084 Special Drawing Rights certificate account 4,818 — + 200 4,818 Treasury currency outstanding 17,340 -I- 14 + 579 17,352 Total factors supplying reserve funds 240,497 - 2,213 + 19,976 240,356 Currency in circulation** 198,429 - 439 + 13,290 198,517 Treasury cash holdings** 636 — + 42 636 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,428 + 353 - 326 2,846 Foreign 241 + 32 + 31 240 Service-related balances and adjustments * 1,943 - 17 + 335 1,603 Other 508 - 25 + 108 463 Other F.R. liabilities and capital 6,382 - 74 + 75 6,184 Total factors, other than reserve balances, absorbing reserve funds 211,567 - 170 + 13,555 210,489 Reserve balances with F.R. Banks « 28,930 - 2,042 + 6,422 29,867 On June 25, 1986 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 145,959 million, a decreaseof $ 2,448 million for the week. 1 Net of $ 3,998 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 3,998 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,335 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,335 million was with foreign official and international accounts. Includes $ 190 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $ 1,603 million and adjustments of $ 340 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 June 25, 1986 June 18, l?ft$ June 26. 1Q8.S_ BI ASSETS Gold certificate account 11,084 6 Special Drawing Rights certificate account A,818 + 200 Coin 492 + 5 + 11 Loans 797 75 + 21 Acceptances— Held under repurchase agreements Federal agency obligations- Bought outright 8,137 166 Held under repurchase agreements'! — 780 — U.S. government securities: Bought outright—Bills 89,520 - 1,662 +14,047 Notes 67,097 — + 31 Bonds 2255,,227766 — + 1,533 Total bought outright^ 118811,,889933 - 1,662 +15,611 Held under repurchase agreements1 — rr 889955 — Total U.S. government securities 181,893 22,,555577 +15,611 Total loans snd securities 190,827 - 3,412 +15,466 Cash items in process of collection (1.061) 6,078 - 1,570 - 238 Bank premises 634 — + 51 Other assets3 15,278 + 204 + 3,586 TOTAL ASSETS (1.061) 229,211 - 4,773 +19,070 LIABILITIES Federal Reserve notes 182,293 - 243 +12,580 Deposits: Depository institutions 31,470 — 1 ,371 + 7,595 U.S. Treasury—general account 2,846 - 1,776 - 1,046 Foreign—official accounts 240 + 59 3 Other 463 - 54 + 114 Total deposits 35,019 - 3,142 + 6,660 Deferred availability cash items (1.061) 5,715 - 1,301 - 210 Other liabilities and accrued dividends4 2,236 - 80 - 145 TOTAL LIABILITIES (1.061) 225,263 - 4,766 + 1,885 CAPITAL ACCOUNTS Capital paid in 1,807 + 1 + 86 Surplus 1,781 — + 155 Other capital accounts 360 - 8 56 * 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 $ -o- million was outstanding at the end of the latest statement week. 2 Net of $ 4,335 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 190 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 $ 65 million in Treasury bills maturing within 90 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, June 25. 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 I 787 «_ 9,129 -1,126 164 -758 16 days to 90 days 10 — 44,753 -1,581 591 - 22 91 days to 1 year 1 "-" — 56,969 + 150 1,866 + 18 Over 1 year to 5 years 1 — — 33,439 — 3,765 - 18 Over 5 years to 10 years 1 "^ — 15,294 — 1,327 — Over 10 years — ' ' — 22,309 — 424 — Total 1 797 181,893 -2,557 8,137 -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 25, 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 11,084 703 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 492 27 16 24 32 89 53 26 26 27 50 38 84 Loans 797 25 1 24 6 99 14 34 37 37 337 176 7 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 1 — — — — — — — — — — — — — U.S. government securities: Bought outright—Bills 89,520 5,301 29,026 2,867 5,257 7,694 3,572 9,983 2,634 1,294 3,677 5,732 12,483 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 Bonds 25,276 1.497 8,196 809 1,484 2,172 1,009 2,819 744 365 1,038 1,619 3,524 Total bought outright 2 181,893 10,771 58,978 5,824 10,681 15,633 7,258 20,285 5,353 2,628 7,471 11,648 25,363 Held under repurchase agreements 1 — — — — — — — — — — — — — Total U.S. government securities 181,893 10,771 58,978 5,824 10,681 15,633 7,258 20,285 5,353 2,628 7,471 11,648 25,363 Total loans and securities 190,827 11,278 61,617 6,109 11,165 16,431 7,597 21,226 5,629 2,783 8,142 12,345 26,505 Items in process of collection 7,139 420 729 424 380 338 571 559 529 409 1,034 421 1.325 Bank premises 634 93 33 48 29 100 50 28 19 24 45 19 146 Other assets 3 15,278 446 3,041 500 689 705 877 4,583 347 335 516 1,218 2,021 Interdistrict settlement account -0- + 241 -1,820 - 266 + 142 + 167 + 402 + 531 - 153 + 233 - 486 - 150 +1,159 TOTAL ASSETS 230,272 13,509 68,192 7,426 13,388 19,231 10,252 28,977 6,917 4,042 10,107 14,878 33.353 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 $4.335 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $1 90 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 $ 65 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 25, 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 182,293 11,225 53,784 5,716 11,464 16,514 6,572 24,787 5,439 2,876 7,873 11,239 24.804 Deposits: Depository institutions 31,470 1,567 8,691 1,155 1,256 1,959 2,591 2,731 773 584 950 2,744 6.469 U.S. Treasury-general account 2,846 2,846 Foreign-official accounts 240 5 127 7 9 8 12 20 4 5 7 12 24 Other 463 3 306 1 23 3 121 1 3 2 Total deposits 35,019 1,575 11,970 1,162 1,266 1.990 2,606 2,872 777 589 958 2.759 6,495 Deferred credit items 6,776 452 729 295 288 320 646 519 514 419 1,008 411 1,175 Other liabilities and accrued dividends 1 2,236 127 703 74 132 186 107 265 65 36 92 142 307 TOTAL LIABILITIES 226,324 13,379 67,186 7,247 13,150 15,010 9,931 28,443 6,795 3,920 9,931 14,551 32.781 CAPITAL ACCOUNTS Capital paid in 1,807 56 455 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 360 21 112 11 21 33 20 45 11 5 13 25 43 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 230,272 13,509 68,192 7,426 13,388 19,231 10,252 28,977 6,917 4,042 10,107 14,878 33,353 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 215,943 14,105 58,750 7,819 13,000 18,628 11,774 26,962 6,922 3,493 11,474 13,304 29,712 Less-Held by F.R. Banks 33,650 2,880 4,966 2,103 1,536 2,114 5,202 2,175 1,483 617 3,601 2,065 4,908 F. R. notes, net 182,293 1111,,222255 5533,,778844 55,,771166 1111,,446644 1166,,551144 66,,557722 2244,,778877 55,,443399 22,,887766 77,,887733 1111,,223399 24,804 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 166,391 Total collateral 182,293 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