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. :«*L Rte>*i. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks January 23, 1992 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change froiri week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Jan 22, 1992 Jan 15, 1992 Jan 23, 1991 Jan 22, 1992 Reserve Bank credit1 2 306,427 - 698 + 25,460 312,075 U.S. government securities Bought outright--system account 264,615 - 1,273 + 31,772 265,146 Held under repurchase agreements 562 + 562 + 562 3,932 Federal agency obligations Bought outright 6,001 - 15 - 341 5,976 Held under repurchase agreements 12 + 12 + 12 83 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 199 + 152 - 1,093 1,142 Seasonal credit 15 + 5 - 17 17 Extended credit 0 0 - 30 0 Float 821 - 163 - 70 1,154 Other F.R. assets 34,203 + 23 - 5,335 34,626 Gold stock 11,058 0 0 11,058 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,059 + 14 + 621 21,059 Total factors supplying reserve funds 348,563 - 684 _ 26,081 354,210 Currency in circulation* 301,959 - 1,888 + 18,250 301,709 Treasury cash holdings* 677 + 3 + 101 677 Deposits, other than reserve balances, with F.R. Banks Treasury 6,072 + 618 + 579 9,163 Foreign 291 - 98 + 37 307 Service-related balances and adjustments3 4,322 + 117 + 1,455 4,322 Other 216 - 22 + 43 201 Other F.R. liabilities and capital 8,538 - 54 + 25 8,383 Total factors, other than reserve balances, absorbing reserve funds 322,075 - 1,323 + 20,489 324,762 Reserve balances with F.R. Banks4 26,487 + 639 + 5,592 29,448 On January 22, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 262,310 million, a change of + $ 3,412 million for the week. 1 Net of $ 7,046 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,875 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,318 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,318 million was with foreign official and international accounts. Includes $ 374 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 3,976 million and adjustments of $ 346 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 Jan 22, 1992 Jan 15, 1992 Jan 23, 1991 ASSETS Gold certificate account 11,058 0 0 Special drawing rights certificate account 10,018 0 0 Coin 574 + 26 - 10 Loans 1,159 + 974 - 3,984 Acceptances 0 0 0 Federal agency obligations Bought outright 5,976 - 35 - 366 Held under repurchase agreements1 83 + 83 + 83 U.S. government securities Bought outright—Bills 131,295 + 237 + 15,147 Notes 101,520 0 + 10,113 Bonds 32,331 0 + 1,168 Total bought outright2 265,146 + 237 + 26,429 Held under repurchase agreements1 3,932 + 3,932 + 3,932 Total U.S. government securities 269,078 + 4,169 + 30,361 Total loans and securities 276,295 + 5,191 + 26,094 Items in process of collection 11,055) 10,055 + 3,576 + 697 Bank premises 992 + 4 + 116 Other assets3 33,778 + 746 - 5,033 TOTAL ASSETS (1,055) 342,771 + 9,544 + 21,863 LIABILITIES Federal Reserve notes 281,902 - 1,242 + 17,286 Deposits Depository institutions 34,468 + 3,347 + 5,983 U.S. Treasury—general account 9,163 + 4,161 - 1,916 Foreign—official accounts 307 - 99 + 119 Other 201 - 6 + 40 Total deposits 44,139 + 7,404 + 4,226 Deferred availability cash items (1,055) 8,348 + 3,247 + 397 Other liabilities and accrued dividends4 22,,772244 + 168 - 407 TOTAL LIABILITIES ((11,,005555)) 333377,,111133 + 9,577 + 21,502 CAPITAL ACCOUNTS Capital paid in 2,671 + 11 + 233 Surplus 2,652 0 + 228 Other capital accounts 336 - 44 - 101 * 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 $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 6,318 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 374 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 $ 41 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, JANUARY 22, 1992 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. gove rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 1,159 0 WWiitthhiinn 1155 ddaayyss 1133,,770088 ++ 33,,115577 257 + 156 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 6644,,220066 994433 823 108 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8877,,772244 ++ 11,,995555 1,349 + 65 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6644,,110044 00 2,635 48 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1144,,779966 00 841 17 OOvveerr 1100 yyeeaarrss 2244,,554400 00 154 0 Total 1,159 0 TToottaall 226699,,007788 ++ 44,,116699 6,059 + 48 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 JANUARY 22, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,058 747 3,913 318 692 948 479 1,370 328 171 370 515 1,207 Special drawing rights certif. acct. 10,018 711 3,395 319 645 961 303 1,336 307 172 334 463 1,072 Coin 574 36 18 47 34 108 56 59 29 15 32 46 95 Loans 1,159 7 51 19 0 5 0 313 13 0 29 0 722 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,976 405 2,355 158 374 473 200 751 158 77 166 234 625 Held under repurchase agreements1 83 0 83 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 131,295 8,889 51,743 3,469 8,215 10,385 4,391 16,498 3,477 1,697 3,639 5,151 13,739 Notes 101,520 6,873 40,009 2,682 6,352 8,030 3,395 12,757 2,689 1,312 2,814 3,983 10,623 Bonds 32,331 2,189 12,742 854 2,023 2,557 1,081 4,063 856 418 896 1,269 3,383 Total bought outright2 265,146 17,950 104,494 7,006 16,590 20,973 8,868 33,317 7,022 3,428 7,349 10,403 27,745 Held under repurchase agreements1 3,932 0 3,932 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 269,078 17,950 108,426 7,006 16,590 20,973 8,868 33,317 7,022 3,428 7,349 10,403 27,745 Total loans and securities 276,295 18,362 110,915 7,183 16,964 21,451 9,068 34,381 7,194 3,505 7,543 10,638 29,092 Items in process of collection 11,110 595 1,508 1,155 508 904 1,060 942 349 596 728 849 1,916 Bank premises 992 89 129 44 34 123 57 111 29 32 53 144 147 Other assets3 33,778 1,369 10,702 1,259 2,012 2,262 2,771 4,057 840 815 1,193 2,433 4,065 Interdistrict settlement account 0 -1,545 -7,577 +2,948 + 924 -440 +593 -1,239 -899 +3,261 -776 +1,703 +3,047 TOTAL ASSETS 343,826 20,364 123,002 13,273 21,813 26,317 14,388 41,017 8,176 8,566 9,478 16,792 40,641 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 $ 6,318 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 374 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 $ 41 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

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON JANUARY 22, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 281,902 17,927 100,528 10,446 19,851 22,561 9,230 36,309 6,658 6,624 7,477 13,096 31,194 Deposits Depository institutions 34,468 1,521 8,920 1,590 1,077 2,419 3,664 2,867 1,034 1,163 1,047 2,414 6,750 U.S. Treasury—general account 9,163 0 9,163 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 307 9 135 10 15 16 22 29 6 6 9 19 31 Other 201 2 107 1 2 35 3 42 0 4 2 0 2 Total deposits 44,139 1,532 18,325 1,601 1,094 2,470 3,690 2,939 1,040 1,173 1,058 2,434 6,783 Deferred credit items 9,403 535 1,167 939 385 733 881 793 278 583 668 728 1,713 Other liabilities and accrued dividends1 2,724 151 1,284 63 138 179 80 286 59 91 65 94 233 TOTAL LIABILITIES 338,167 20,145~ 121,304 13,049 21,468 25,943 13,881 40,327 8,035 8,472 9,269 16,351 39,923 CAPITAL ACCOUNTS Capital paid in 2,671 98 774 109 161 172 245 321 66 77 99 212 338 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 336 23 153 10 22 31 19 48 10 -53 11 17 44 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 343,826 20,364 123,002 13,273 21,813 26,317 14,388 41,017 8,176 8,566 9,478 16,792 40,641 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 364,205 23,140 127,504 12,918 23,380 31,092 16,072 41,480 9,584 8,072 10,113 17,490 43,360 Less—Held by F.R. Banks 82,303 5,213 26,976 2,472 3,529 8,531 6,842 5,170 2,926 1,448 2,636 4,394 12,166 F.R. notes, net 281,902 17,927 100,528 10,446 19,851 22,561 9,230 36,309 6,658 6,624 7,477 13,096 31,194 Collateral held against F.R. notes Gold certificate account 11,058 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 260,826 Total collateral 281,902 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