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 r 3^fP?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 March 28, 1991 Millions of dollars Averac es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Mar 27, 1991 Mar 20, 1991 Mar 28, 1990 Mar 27, 1991 Reserve Bank credit1 2 283,727 - 1,433 • 15,722 287,409 U.S. government securities Bought outright—system account 237,285 - 191 • 19,215 241,238 Held under repurchase agreements 380 - 1,659 • 380 0 Federal agency obligations Bought outright 6,342 0 - 183 6,342 Held under repurchase agreements 77 - 32 + 77 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 34 - 75 - 11 44 Seasonal credit 68 • 12 - 28 66 Extended credit 72 • 15 - 1,951 63 Float 270 - 19 • 126 329 Other F.R. assets 39,201 • 516 - 1,904 39,328 Gold stock 11,058 0 - 1 11,058 Special drawing rights certificate account 10,018 0 • 1,500 10,018 Treasury currency outstanding 20,546 • 10 • 723 20,546 Total factors supplying reserve funds 325,349 - 1,423 _ 17,943 329,031 Currency in circulation* 286,030 - 703 + 29,005 286,269 Treasury cash holdings* 622 • 3 • 90 623 Deposits, other than reserve balances, with F.R. Banks Treasury 6,131 • 1,330 + 625 6,156 Foreign 266 • 16 + 49 299 Service-related balances and adjustments3 2,812 - 49 + 606 2,812 Other 206 - 50 - 183 207 Other F.R. liabilities and capital 8,549 • 48 - 623 8,392 Total factors, other than reserve balances, absorbing reserve funds 304,615 • 594 • 29,568 304,759 Reserve balances with F.R. Banks4 20,734 - 2,018 - 11,624 24,272 On March 27, 1991, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 244,199 million, a change of - $ 6,572 million for the week. 1 Net of $ 9,754 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 9,754 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,186 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,186 million was with foreign official and international accounts. Includes $ 26 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 2,679 million and adjustments of $ 133 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Components may not add to totals due to rounding. 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 ** Mar 27, 1991 Mar 20, 1991 Mar 28, 1990 ASSETS Gold certificate account 11,058 0 - 1 Special drawing rights certificate account 10,018 0 • 1,500 Coin 658 - 5 • 86 Loans 172 - 141 - 1,723 Acceptances 0 0 0 Federal agency obligations Bought outright 6,342 o - 183 Held under repurchase agreements1 0 - 592 0 U.S. government securities Bought outright—Bills 114,668 + 2,222 + 16,534 Notes 95,307 • 1,200 + 3,867 Bonds 3311,,226633 0 308 Total bought outright2 224411,,223388 • 3,422 20,709 Held under repurchase agreements1 0 - 9,857 0 Total U.S. government securities 224411,,223388 - 6,435 •• 20,709 Total loans and securities 224477,,775522 - 7,169 18,804 Items in process of collection (470) 4,719 - 356 - 629 Bank premises 896 0 • 103 Other assets3 3388,,668800 ++ 114477 - 1,044 TOTAL ASSETS ((447700)) 331133,,778811 77,,338822 f 18,818 LIABILITIES Federal Reserve notes 267,005 - 245 + 28,343 Deposits Depository institutions 1 27,205 - 7,708 - 8,331 U.S. Treasury—general account 6,156 • 912 - 62 Foreign—official accounts 299 • 102 • 14 Other 207 •f 12 - 190 Total deposits 33,867 - 6,681 - 8,569 Deferred availability cash items (470) 4,516 - 342 - 368 Other liabilities and accrued dividends4 33,,000000 - 177 981 TOTAL LIABILITIES ((447700)) 330088,,338888 - 7,445 •• 18,424 CAPITAL ACCOUNTS Capital paid in 2,501 • 15 «•» 206 Surplus 2,423 1 • 45 • 180 Other capital accounts 468 • 3 | • 7 * Figures in parentheses are the eliminations made in the consolidation 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 $ 1,255 million was outstanding at the end of the latest statement week. 2 Net of S 6,186 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 26 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 $ 50 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MARCH 27, 1991 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. Millions of dollars U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 166 0 HHiitthhiinn 1155 ddaayyss 10,710 9,853 275 587 16 days to 90 days 6 0 1166 ddaayyss ttoo 9900 ddaayyss 58,794 • 2,095 653 36 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 71,138 + 622 1,808 + 79 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 62,237 • 700 2,393 35 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 13,684 0 1,024 13 OOvveerr 1100 yyeeaarrss 24,676 0 188 0 Total 172 0 TToottaall 241,238 6,435 6,342 592 Components may not add to totals due to rounding. 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 MARCH 27, 1991 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,058 750 3,501 384 668 1,008 465 1,377 346 203 422 585 1,329 Special drawing rights certif. acct. 10,018 711 3,395 319 645 961 303 1,336 307 172 334 463 1,072 Coin 658 57 21 48 49 127 59 43 38 20 41 41 114 Loans 172 39 17 8 0 41 4 4 12 26 14 1 7 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations , Bought outright 6,342 426 2,341 185 380 590 221 773 184 101 207 226 706 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 114,668 7,704 42,330 3,339 6,870 10,673 4,004 13,985 3,325 1,832 3,742 4,093 12,772 Notes 95,307 6,403 35,182 2,776 5,710 8,871 3,328 11,624 2,763 1,522 3,110 3,402 10,616 Bonds 31,263 2,100 11,541 910 1,873 2,910 1,092 3,813 907 499 1,020 1,116 3,482 Total bought outright2 241,238 16,207 89,053 7,025 14,452 22,453 8,424 29,422 6,995 3,854 7,873 8,610 26,870 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 241,238 16,207 89,053 7,025 14,452 22,453 8,424 29,422 6,995 3,854 7,873 8,610 26,870 Total loans and securities 247,752 16,671 91,411 7,218 14,832 23,085 8,649 30,200 7,190 3,981 8,093 8,838 27,583 Items in process of collection 5,189 378 688 337 181 349 645 516 175 299 402 177 1,044 Bank premises 896 89 91 45 35 122 58 111 28 33 53 83 147 Other assets3 38,680 1,661 11,106 1,729 2,065 2,486 3,583 4,770 1,016 1,030 1,433 2,936 4,863 Interdistrict settlement account 0 -1,613 •14,812 -1,931 -1,149 -4,489 + 269 -551 -607 -976 -902 -300 -2,563 TOTAL ASSETS 314,251 18,705 125,026 8,150 17,346 23,648 14,032 37,801 8,494 4,762 9,876 12,822 33,588 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 $ 1,255 million was outstanding at the end of the latest statement week. 2 Net of $ 6,186 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 26 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 $ 50 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

K.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MARCH 27, 19S1 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 267,005 16,829 107,418 6,519 15,472 20,932 9,929 34,095 7,267 3,606 8,443 10,691 25,803 Deposits Depository institutions 27,205 1 1>174 7,615 1,058 1,225 1,723 2,884 2,218 859 673 819 1,128 5,827 U.S. Treasury—general account 6,156 0 6,156 0 0 0 0 0 0 0 G G n Foreign—official accounts 299 6 191 7 8 9 15 19 4 4 6 11 20 Other 1 207 ! I 97 1 3 41 1 53 0 4 2 1 2 Total deposits 33,867 1,180 14,059 1,066 1,236 1,774 2,901 2,289 864 662 < 827 1,141 5,848 Deferred credit items 4,986 297 643 264 165 350 597 439 149 287 315 510 970 Other liabilities and accrued dividends1 3,000 173 1,347 81 155 240 97 319 74 43 87 94 289 TOTAL LIABILITIES 308,858 18,480 123,467 7,929 17,028 23,296 13,524 37,142 8,354 4,618 9,672 12,436 32,911 CAPITAL ACCOUNTS Capital paid in 2,501 100 704 103 148 165 247 305 64 69 96 185 315 Surplus 2,423 97 667 115 125 148 246 300 64 69 93 185 315 Other capital accounts ^ 468 28 188 2 45 38 15 54 12^ 7_ 16^ 17_ _47 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 314,251 18,705 125,026 8,150 17,346 23,648 14,032 37,801 8,494 4,762 9,876 12,822 33,588 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 311,119 20,309 116,072 7,887 17,853 26,689 14,314 37,309 9,228 4,420 10,509 13,374 33,154 Less—Held by F.R. Banks 44,114 3,480 8,654 1,368 2,382 5,757 4,385 3,214 1,961 814 2,066 2,683 7,351 F.R. notes, net 267,005 16,829 107,418 6,519 15,472 20,932 9,929 34,095 7,267 3,606 8,443 10,691 25,803 Collateral held against F.R. notes Gold certificate account 11,058 Special drawing rights certificate account 10,018 Other eligible assets o 1 U.S. govt, and agency securities 245,928 Total collateral 267,005 1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis