H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Tfcese 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. M.4.1 Factors Affecting Reserve Balances of Depository Institutions arte Condition Statement of F.R. Banks February 20, 1992 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 19, 1992 Feb 12, 1992 Feb 20, 1991 Feb 19, 1992 Reserve Bank credit1 2 306,897 • 4,099 •f 19,917 318,015 U.S. government securities Bought outright--system account 263,633 • 1,547 • 28,060 264,161 Held under repurchase agreements 2,207 • 2,207 - 2,134 9,469 Federal agency obligations Bought outright 5,960 0 - 382 5,960 Held under repurchase agreements 128 + 128 - 176 522 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 56 • 21 - 146 55 Seasonal credit 23 • 2 - 23 22 Extended credit 2 • 1 - 31 2 Float 1,130 • 409 • 203 4,883 Other F.R. assets 33,758 - 217 - 5,454 32,941 Gold stock 11,058 0 0 11,058 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,115 • 14 • 625 21,115 Total factors supplying reserve funds 3*9,088 • 4,113 ^ 20,542 360,205 Currency in circulation* 302,712 • 1,306 •f 27,917 303,033 Treasury cash holdings* 691 • 6 • 100 692 Deposits> other than reserve balances> with F.R. Banks Treasury 5,874 - 710 - 3,854 6,407 Foreign 223 0 • 2 209 Service-related balances and adjustments3 4,439 - 96 • 1,633 4,439 Other 255 • 11 • 46 208 Other F.R. liabilities and capital 8,151 + 420 - 785 8,169 Total factors> other than reserve balances, absorbing reserve funds 322,345 • 937 • 15,058 323,156 Reserve balances with F.R. Banks4 26,744 • 3,176 • 5,484 37,050 On February 19, 1992, marketable U.S government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 269,574 million, a change of + $ 1,161 million for the week. 1 Net of $ 5,805 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,696 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,590 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,590 million was with foreign official and international accounts. Includes $ 629 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,353 million and adjustments of $ 86 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 MMeeddnneessddaayy Hednesday | Hednesday ** FFeebb 1199,, 11999922 Feb 12, 1992 Feb 20, 1991 ASSETS Gold certificate account 11,058 0 0 Special drawing rights certificate account 10,018 0 0 Coin 636 • 2 20 Loans 79 • 24 621 Acceptances 0 o ! 0 Federal agency obligations Bought outright 5,960 382 Held under repurchase agreements1 522 • 522 • 341 U.S. government securities Bought outright—Bills 112299,,991155 • 1,096 • 17,281 Notes 110022,,220033 • 683 • 10,896 Bonds 3322,,004433 288 • 780 Total bought .»utright2 226644,,116611 • 1,491 • 28,957 Held under repu.-chase agreements1 99,,446699 • 9,469 • 3,351 Total U.S. government securities 227733,,663300 • 10,960 • 32,309 Total loans and securities 228800,,119911 • 11,506 • 31,647 Items in process of collection ((11,,880088)) 1122,,883311 • 6,537 • 2,297 Bank premises 999988 • 3 + 112 Other assets3 ;; 3322,,001199 1,085 6,268 TOTAL ASSETS ((11,,880088)) 334477,,775511 • 16,963 • 27,768 LIABILITIES Federal Reserve notes 283,245 • 777 • 17,233 Deposits Depository institutions 41,402 ••• 111222,,,111999222 • 20,427 U.S. Treasury—general account 6,407 ••• 555777333 9,376 Foreign—official accounts 209 111555 26 Other 208 444222 • - 20 Total deposits 4488,,222255 ••• 111222,,,777000777 • 11,044 Deferred availability cash items (((111,,,888000888))) 88,,111122 ••• 333,,,111444000 • 140 Other liabilities and accrued dividends* 22,,448844 444 111555888 954 TOTAL LIABILITIES (((111,,,888000888))) 334422,,006666 ••• 111666,,,777888222 • 27,464 CAPITAL ACCOUNTS Capital paid in 2,704 • 2 • 230 Surplus 2,630 • 35 • 207 Other capital accounts 351 • 144 133 * Figures in parentheses are the eliminations made in the consolidation process. 1 Doe* 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 $ 5,590 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 629 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 $ 55 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 19, 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 Meekly Holdings Holdings changes changes Hithin 15 days 79 0 HHiitthhiinn 1155 ddaayyss 20,615 • 6,473 916 + 805 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 65,844 • 3,526 577 283 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 86,616 • 3,531 1,421 0 OOVVeerr 11 yyeeaarr ttoo 55 yyeeaarrss 60,768 3,020 2,609 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 15,192 • 396 804 0 OOvveerr 1100 yyeeaarrss 24,594 • 54 154 0 Total 79 0 TToottaall 273,630 • 10,960 6,481 • 522 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 19, 1992 Millions of dollars Kantat San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francltco 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 636 44 19 55 39 112 59 68 31 20 35 50 105 Loans 79 11 15 8 0 5 0 4 0 5 11 1 19 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 522 0 522 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 129,915 8,795 51,199 3,433 8,129 10,276 4,345 16,325 3,441 1,680 3,601 5,097 13,594 Notes 102,203 6,919 40,278 2,701 6,395 8,084 3,418 12,843 2,707 1,321 2,833 4,010 10,695 Bonds 32,043 2,169 12,628 847 2,005 2,535 1,072 4,026 849 414 888 1,257 3,353 Total bought outright2 264,161 17,884 104,106 6,980 16,529 20,895 8,835 33,194 6,996 3,415 7,322 10,365 27,642 Held under repurchase agreements1 9,469 0 9,469 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 273,630 17,884 113,575 6,980 16,529 20,895 8,835 33,194 6,996 3,415 7,322 10,365 27,642 Total loans and securities 280,191 18,298 116,460" 7,146 16,902 21,372 9,034 33,946 7,154 3,497 7,498 10,599 28,285 Items in process of collection 14,639 862 2,243 2,204 607 1,529 1,511 1,173 337 606 732 1,029 1,806 Bank premises 998 89 131 44 35 123 57 112 28 32 53 148 147 Other assets3 32,019 1,261 10,140 1,200 1,911 2,130 2,662 3,838 781 779 1,135 2,337 3,845 Interdistrict settlement account 0 -1,161 -19,487 •3,386 •2,547 • 385 •1,390 -421 • 724 •3,570 • 220 •1,705 •7,142 TOTAL ASSETS 349,559 20,851 116,814 14,672 23,377 27,559 15,495 41,422 9,691 8,847 10,377 16,846 43,609 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 $ 5,590 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 629 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 $ 55 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 19, 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 283,245 17,559 97,465 10,544 20,139 22,815 10,078 36,375 7,821 6,762 8,282 13,182 32,223 Deposits Depository institutions 41,402 1 2,423 8,871 2,182 2,383 3,428 3,913 3,183 1,401 1,356 1,187 2,222 8,852 U.S. Treasury—general account 6,407 0 6,407 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 209 9 36 10 15 16 22 29 6 6 9 19 31 Other 208 1 99 3 1 27 1 57 0 4 4 4 8 Total deposits 48,225 2,433 15,412 2,195 2,399 3,470 3,936 3,269 1,407 1,366 1,201 2,245 8,891 Deferred credit items 9,920 496 1,082 1,645 355 725 921 819 265 535 623 905 1,549 Other liabilities and accrued dividends1 2,484 143 1,157 60 131 178 78 270 5577 3300 6633 9900 227 TOTAL LIABILITIES 343,873~1 20,631 115,116 14,444 23,023 27,188 15,013 40,732 99,,555500 88,,669944 1100,,116699 1166,,442233 42,890 CAPITAL ACCOUNTS Capital paid in 2,704 98 777 112 165 172 257 322 66 78 99 215 343 Surplus 2,630 98 771 105 161 171 225 321 66 70 99 209 336 Othor capital accounts 351 24 150 11 28 28 0_ 47 9_ 5_ 9_ 0_ 39 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 349,559 20,851 116,814 14,672 23,377 27,559 15,495 41,422 9,691 8,847 10,377 16,846 43,609 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 362,191 22,956 123,839 12,992 23,332 30,474 16,498 41,262 10,585 8,269 10,795 17,458 43,7™ Less—Held by F.R. Banks 78,946 5,397 26,374 2,449 3,193 7,660 66,,441199 44,,888877 22,,776644 11,,550077 22,,551122 44,,227766 11,506 F.R. notes, net 283,245 17,559 97,465 10,544 20,139 22,815 1100,,007788 3366,,337755 77,,882211 66,,776622 88,,228822 1133,,118822 32,223 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 262,169 Total collateral 283,245 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