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 February 12, 1987 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 FFeebb.. 1111.. 11998877 Feb. 4 . 1987 Feb. 12, 1986 Feb. 11, 1987* Reserve Bank credit: L* 221,312 - 6,986 + 23,235 220,670 U.S. government securities- Bought outright—system account 194,738 - 4,190 + 22,467 194,122 Held under repurchase agreements — - 1,864 — — Federal agency obligations- Bought outright 7,719 — - 494 7,719 Held under repurchase agreements — - 531 — — Acceptances- Bought outright — — — — Held under repurchase agreements — — — — Loans to depository institutions 401 - 47 - 195 452 Includes: seasonal borrowing of 60 + 8 + 18 64 extended credit of 282 + 34 - 190 304 Float 532 - 401 - 599 337 Other F.R. assets 17,921 + 45 + 2,055 18,040 Gold stock 11,060 - 11 - 30 11,060 Special Drawing Rights certificate account 5,018 « + 300 5,018 Treasury currency outstanding 17,639 + 14 + 520 17,651 Total factors supplying reserve funds 255,029 - 6,982 + 24,025 254,399 Currency In circulation** 206,440 + 776 + 15,166 206,842 Treasury cash holdings** 459 — - 119 459 Deposits, other than reserve balances, with F.R. Banks: Treasury 3,832 - 9,063 - 3,022 3,541 Foreign 202 - 39 + 3 177 Service-related balances and adjustments * 3,726 + 1,638 + 1,866 1,786 Other 405 - 55 - 6 402 Other F.R. liabilities and capital 6,973 - 114 +_ 582 6,124 Total factors, other than reserve balances, absorbing reserve funds 222,037 - 6,858 + 14,470 219,331 Reserve balances with F.R. Banks * 32,993 - 124 + 9,556 35,069 On Februaty 11, 1987 , marketable U.S. government securities held In custody by the Federal Reserve Banks for foreign official and International accounts were $ 166,675 million, an increase of $ 867 million for the week. 1 Net of $ 4,370 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,370 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 4,801 million matched safe-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 4,801 million was with foreign official and international accounts. Includes $ 1»354 million securities loaned—fully secured U.S. government securities. 3 Consists of required clearing balances of $1,786 million and adjustments of $ 1.940 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Atlanta District). ** 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, February 11, 1987 February 4, 1987 February 12, 1986, ASSETS 11,060 — 30 Gold certificate account 5,018 — 300 Special Drawing Rights certificate account 579 + 17 5 Coin 452 + 91 187 Loans Acceptances- Held under repurchase agreements Federal agency obligations— 7,719 476 Bought outright Held untiw repurchase agreements 1 U.S. government securities: 100,525 3,446 + 17,811 Bought outright—Bills 67,873 - 250 + 226 Notes 25,724 + 998 Bonds 194,122 - 3,696 + 19,035 Total bought outright 2 Held under repurchase agreements 1 Total U.S. government securities 194,122 _ 3,696 + 19.035 Tots! loans and securities 202,293 3,605 + 18,372 Items in process of collection (1,179) 5,633 1,829 - 2,173 Bank premises 665 + 1 + 52 Other assets 3 17,375 + 240 + 2,017 TOTAL ASSETS (1,179) 242,623 5,176 + 18,533 LIABILITIES Federal Reserve notes 190,228 680 + 14,606 Deposits: Depository institutions 36,855 - 1,808 + 6,804 U.S. Treasury*general account 3,541 - 1,769 w 2,055 Foreign—official accounts 177 - 161 - 27 Other (176) 402 - 21 - 29 Total deposits (176) 40,975 - 3,759 + 4,693 Deferred credit Items (1,003) 5,296 - 1,188 - 893 Other liabilities and accrued dividends4 2,064 - 97 - 37 TOTAL LIABILITIES (1,179) 238,563 4,364 18,369 CAPITAL ACCOUNTS Capital paid in 1,885 + 96 Surplus 1,873 92 Other capital accounts 302 816 + 24 * 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 $ 4,801 million matched sale-purchase transactions outstanding at the end of the lateat statement week. Includes $ ] >354 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange ratea. Includes special investment account at Chicago of $ 73 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. ** Estimated (Atlanta District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, February 11, 1987 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days In accordance with maximum maturity of the agreements. LLooaannss AAcccceeppttaanncceess U.8. government securities Federal agency obligations Holdings jWeekly changes Holdings IWeekiy changes Within 15 days 441144 1144,,002233 151 6611 + 1 16 days to 90 days 3388 4444,,777711 - 1,295 887700 61 91 days to 1 year 6600,,444400 - 2,000 11,,337788 + 25 Over 1 year to 5 years 3366,,339911 250 33,,772277 + 15 Over 5 years to 10 years —— 1155,,443311 11,,336622 + 20 Over 10 years 2233,,006666 332211 445522 119944,,112222 * 3,696 77,,771199 — 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 February 11, 1987 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 ASSETS Gold certificate account 11,060 703 3,122 431 650 959 507 1,394 366 168 598 692 1,470 Special Drawing Rights certif. acct. 5.018 314 1,489 162 314 461 203 656 160 66 216 307 670 Coin 579 31 19 23 43 92 64 40 31 24 47 46 119 Loans 452 3 3 38 4 14 1 23 10 6 94 226 30 Acceptances held under repurchase agreements Federal agency obligations: Bought outright 7,719 457 2,503 247 453 664 308 861 227 112 317 494 1,076 Held under repurchase agreements ' U.S. government securities: Bought outright-Bills 100,525 5,953 32.594 3,219 5,903 8,640 4,011 11,211 2,958 1,452 4,129 6,438 14,017 Notes 67,873 4,019 22.008 2,173 3,986 5,833 2,708 7,569 1,998 981 2,788 4,346 9,464 Bonds 25,724 1,523 8,341 824 1,510 ' 2,211 1,026 2,869 757 372 1,057 1,647 3,587 Total bought outright 2 194,122 11,495 62,943 6,216 11,399 16,684 7,745 21,649 5,713" 2,805 7,974 12,431 27,068 HHeelldd uunnddeerr rreeppuurrcchhaassee aaggrreeeemmeennttss 11 — — — — — — — — — — — — — TToottaall UU..SS.. ggoovveerrnnmmeenntt sseeccuurriittiieess 194,122 11,495 62,943 6,216 11,399 16,684 7,745 21,649 5,713 2,805 7,974 12,431 27,068 Total loans and securities 1202,293 i 11,955 65,449 6,501 11,856 17,362 8,054 22,533 5,950 2,923 8,385 13,151 28,174 Items in process of collection 6,812 418 745 437 290 381 811 535 357 311 1.009 407 1,111 Bank premises 1 665 93 32 47 32 101 52 44 20 24 46 20 154 Other assets 3 17,375 : 584 3,758 623 859 903 1,139 4,817 443 411 624 1,136 2,078 Interdistrict settlement account -0- + 362 +5,112 - 945 - 171 - 664 + 375 +1,226 - 91 - 14 - 423 -1,670 -3,097 TOTAL ASSETS 1243,802 14,460 79,726 7,279 13,873 19,595 11,205 31,245 7,236 3,913 10,502 14,089 30,679 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 $ 4,801 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 1,354million 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 $ 73 million in Treasury Bills maturing within 90 days. * Estimated (Atlanta District). 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 February 11, 1987 Millions of dollars Total Boston New York Philadelphia Cleveland j Richmond Atlanta Chicago St. Louts | Minneapolis K C an it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 190,228 11,852 62,142 4,998 12,179 16,353 6,952 26,548 5,605 2,669 7,993 10,644 22.293 Deposits: Depository institutions 36,855 1,982 11,333 1,612 1,081 2,452 2,990 3,280 1,100 740 1,263 2,587 6,435 U.S. Treasury-general account 3,541 3,541 Foreign-official accounts 177 5 63 7 9 8 14 20 5 5 13 22 Other 578 235 2_ 35 177 120 3 I Total deposits 41,151 1,987 15,172 1,621 1,090 2,495 3,181 3,420 1,105 745 1,274 2,603 6,458 Deferred credit itoms 6,299 359 715 414 242 338 637 503 342 332 980 380 1,057 Other liabilities and accrued dividends' 2,064 119 672 64 122 180 88 236 60 33 83 128 279 TOTAL LIABILITIES 239,742 T4T317 78,701 7,097 13,633 19>366 10.858 30,707 7,112 3,779 10,330 13,755 30,087 CAPITAL ACCOUNTS Capital paid in 1,885 63 467 86 111 103 168 252 58 61 81 158 275 Surplus ' 1,873 61 466 86 111 101 168 251 58 61 81 158 271 Other capital accounts J02 19 92 8 18 25 11 35 8 12 10 18 46 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 243,802 14,460 79,726 7,279 13,873 19,595 11,205 31,245 7,236 3,913 10,502 14,089 " 30,679 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 232,938 14,480 67,565 7,972 14.087 19,945 12,499 28,837 7,309 3,452 11,436 13,963 31,393 Less-Held by F.R. Banks 42,710 2,628 5,423 2,974 1,908 3,592 5,547 2,289_ 1,704 783 3,443 9,100 F. R. notes, net 190,228 11,852 62,142 4,998 12.179 16,353 6,952 26,548 "57605 2,669 7,993 10,644 227293 Collateral held against F.R. notes: Gold certificate account 11,060 Special Drawing Rights cert'tf. ace 5,018 Other eligible assets -0- U.S. govt, and agency securities 174.150 Total collateral 190,228 1 includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. * Estimated (Atlanta District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis