H.4.1 Factors Affecting Reserve Balances of Depository Institutions

''otGOi// FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when •r^LRe.1: 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 13, 1992 Millions of dollars Averages of daily fiL gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change frotri week ended Wednesday FF..RR.. BBaannkkss?? RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 12, 1992 Feb 5, 1992 Feb 13, 1991 Feb 12, 1992 Reserve Bank credit1 2 302,801 - 94 + 17,095 303,944 U.S. government securities Bought outright--system account 262,086 + 1,113 + 25,843 262,670 Held under repurchase agreements 0 - 1,512 - 898 0 Federal agency obligations Bought outright 5,960 0 - 382 5,960 Held under repurchase agreements 0 - 58 - 73 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 35 - 102 + 6 31 Seasonal credit 21 0 ~ 6 22 Extended credit 1 - 2 - 19 2 Float 723 + 369 - 447 1,162 Other F.R. assets 33,975 + 98 - 6,929 34,097 Gold stock 11,058 0 0 11,058 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,101 + 14 + 626 21,101 Total factors supplying reserve funds 344,978 - 80 _ 17,721 346,121 Currency in circulation* 301,406 + 1,265 + 17,429 302,245 Treasury cash holdings* 685 + 1 + 127 691 Deposits, other than reserve balances, with F.R. Banks Treasury 6,584 - 2,015 - 4,603 5,834 Foreign 222 - 36 + 7 224 Service-related balances and adjustments3 4,535 - 25 + 1,860 ! 4,534 Other 244 - 7 + 61 I 250 Other F.R. liabilities and capital 7,731 + 3 - 1,881 7,831 Total factors, other than reserve balances, absorbing reserve funds 321,408 - 815 + 13,000 321,608 Reserve balances with F.R. Banks4 23,570 + 735 + 4,721 24,512 On February 12, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 268,413 million, a change of + $ 3,137 million for the week. 1 Net of $ 7,269 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,106 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,686 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,861 million was with foreign official and international accounts. Includes $ 160 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,351 million and adjustments of $ 184 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 Feb 12, 1992 Feb 5, 1992 Feb 13, 1991 ASSETS Gold certificate account 11,058 0 0 Special drawing rights certificate account 10,018 0 0 Coin 633 + 7 - 20 Loans 55 - 448 - 47 Acceptances 0 0 0 Federal agency obligations Bought outright 5,960 0 - 382 Held under repurchase agreements1 0 0 - 196 U.S. government securities Bought outright—Bills 128,819 + 2,211 + 16,507 Notes 101,520 0 + 10,113 Bonds 32,331 0 + 1,168 Total bought outright2 262,670 + 2,211 + 27,789 Held under repurchase agreements1 0 0 - 2,578 Total U.S. government securities 262,670 + 2,211 + 25,211 Total loans and securities 268,685 + 1,763 + 24,586 Items in process of collection (460) 6,294 - 549 + 1,153 Bank premises 995 + 1 + 113 Other assets3 33,105 + 146 - 6,591 TOTAL ASSETS (460) 330,788 + 1,367 + 19,242 LIABILITIES Federal Reserve notes 282,468 + 1,649 • 17,278 Deposits Depository institutions 29,210 + 1,886 + 7,632 U.S. Treasury—general account 5,834 - 1,566 - 5,178 Foreign—official accounts 224 + 27 + 14 Other 250 - 3 + 74 Total deposits 35,518 + 343 + 2,541 Deferred availability cash items (460) 4,972 - 980 + 311 Other liabilities and accru»€ d dividends4 22,,332266 - 32 1,036 TOTAL LIABILITIES ((446600)) 332255,,228844 + 980 ++ 19,094 CAPITAL ACCOUNTS Capital paid in 2,702 + 19 + 231 Surplus 2,596 + 179 + 172 Other capital accounts 207 + 189 - 256 * 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 $ 6,686 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 160 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 $ 68 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, FEBRUARY 12, 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. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 50 0 WWiitthhiinn 1155 ddaayyss 1144,,114422 + 2,121 112 + 112 16 days to 90 days 5 0 1166 ddaayyss ttoo 9900 ddaayyss 6622,,331188 + 3,033 860 112 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8833,,008855 2,943 1,421 + 75 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6633,,778888 0 2,609 75 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1144,,779966 0 804 0 OOvveerr 1100 yyeeaarrss 2244,,554400 0 154 0 Total 55 0 TToottaall 226622,,667700 + 2,211 5,960 0 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 FEBRUARY 12, 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 633 42 20 55 38 113 59 66 31 19 36 50 104 Loans 55 4 0 12 0 8 2 2 1 5 11 1 8 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,960 403 2,349 157 373 471 199 749 158 77 165 234 624 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 128,819 8,721 50,767 3,404 8,060 10,190 4,308 16,187 3,412 1,665 3,571 5,054 13,480 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 262,670 17,783 103,518 6,941 16,435 20,777 8,785 33,006 6,957 3,396 7,281 10,306 27,486 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 262,670 17,783 103,518 6,941 16,435 20,777 8,785 33,006 6,957 3,396 7,281 10,306 27,486 Total loans and securities 268,685 18,190 105,867 7,110 16,808 21,257 8,986 33,757 7,115 3,478 7,457 10,541 28,117 Items in process of collection 6,754 1,162 857 448 162 456 620 476 219 351 383 514 1,106 Bank premises 995 89 131 44 35 123 57 112 28 32 53 145 147 Other assets3 33,105 1,371 10,272 1,238 1,997 2,252 2,723 4,046 824 801 1,179 2,395 4,005 Interdistrict settlement account g^ -2,283 -11,232 +2,867 +1,603 +32 +1,332 -1,319 +395 +2,822 +25 +1,329 +4,430 TOTAL ASSETS 331,248 20,030 113,223 12,401 21,980 26,141 14,559 39,844 9,248 7,846 9,837 15,952 40,189 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 $ 6,686 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 160 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 $ 68 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 FEBRUARY 12, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 282,468 17,547 97,050 10,534 20,084 22,748 10,185 36,231 7,837 6,748 8,295 13,193 32,016 Deposits Depository institutions 29,210 1,751 6,851 1,185 1,255 2,376 3,195 2,105 1,057 592 922 1,780 6,141 U.S. Treasury—general account 5,834 0 5,834 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 224 9 51 10 15 16 22 29 6 6 9 19 31 Other 250 1 107 3 I 55 1 70 0 4 1 1 6 Total deposits 55,518 1,761 12,843 1,197 1,270 2,447 3,219 2,204 1,064 603 932 1,800 6,178 Deferred credit items 5,432 363 680 393 151 406 612 459 152 319 349 463 1,085 Other liabilities and accrued dividends1 2,326 139 1,043 61 127 166 77 265 55 29 62 89 214 TOTAL LIABILITIES 325,744 19,810 111,616 12,185 21,632 25,767 14,092 39,159 9,108 7,698 9,639 15,545 39,493 CAPITAL ACCOUNTS Capital paid in 2,702 98 777 111 165 172 257 322 66 77 99 215 343 Surplus 2,596 98 771 105 161 171 208 321 66 70 99 191 336 Other capital accounts 207 Z^_ 59 0^ 22^ 31^ 2_ 43 8^ 0 0 1^ 16 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 331,248 20,030 113,223 12,401 21,980 26,141 14,559 39,844 9,248 7,846 9,837 15,952 40,189 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 362,966 22,933 124,053 13,046 23,251 30,613 16,657 41,267 10,616 8,272 10,835 17,494 43,926 Less—Held by F.R. Banks 80,498 5,387 27,004 2,512 3,167 7,865 6,472 5,037 2,779 1,524 2,540 4,301 11,910 F.R. notes> net 282,468 17,547 97,050 10,534 20,084 22,748 10,185 36,231 7,837 6,748 8,295 13,193 32,016 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 261,392 Total collateral 282,468 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