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 27, 1992 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 26, 1992 Feb 19, 1992 Feb 27, 1991 [Feb 26, 1992 Reserve Bank credit1 2 304,315 - 2,567 + 16,465 304,041 U.S. government securities Bought outright—system account 264,988 + 1,354 + 29,205 264,912 Held under repurchase agreements 0 - 2,207 - 5,603 0 Federal agency obligations Bought outright 5,960 0 - 382 5,960 Held under repurchase agreements 0 - 128 - 675 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 42 - 14 - 223 34 Seasonal credit 22 - 1 - 21 24 Extended credit 3 0 - 57 2 Float 597 - 518 + 436 312 Other F.R. assets 32,704 - 1,054 - 6,216 32,797 Gold stock 11,058 0 0 11,058 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,129 + 14 +• 625 21,129 Total factors supplying reserve funds 346,520 - 2,553 — 17,090 346,247 Currency in circulation* 302,053 - 659 • 17,499 301,771 Treasury cash holdings* 693 + 2 + 123 698 Deposits, other than reserve balances, with F.R. Banks Treasury 5,139 - 735 - 8,206 5,103 Foreign 207 - 16 - 28 207 Service-related balances and adjustments3 4,566 + 127 + 1,719 4,566 Other 225 - 30 + 37 256 Other F.R. liabilities and capital 8,296 + 146 - 721 8,121 Total factors, other than reserve balances, absorbing reserve funds 321,179 - 1,165 + 10,423 320,721 Reserve balances with F.R. Banks4 25,341 - 1,388 + 6,667 25,526 On February 26, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 268,703 million, a change of - $ 871 million for the week. 1 Net of $ 5,370 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,370 million was with foreign official and international accounts. Includes securities loaned-fully secured by US. government securities. 2 Net of $ 5,594 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,594 million was with foreign official and international accounts. Includes $ 252 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,386 million and adjustments of $ 180 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 26, 1992 Feb 19, 1992 Feb 27, 1991 ASSETS Gold certificate account 11,058 0 0 Special drawing rights certificate account 10,018 0 0 Coin 629 - 7 - 32 Loans 60 - 19 - 65 Acceptances 0 0 0 Federal agency obligations Bought outright 5,960 0 - 382 Held under repurchase agreements1 0 - 522 - 575 U.S. government securities Bought outright—Bills 130,033 • 119 + 16,819 Notes 102,835 -f 632 + 11,079 Bonds 32,043 0 + 780 Total bought outright2 264,912 • 751 + 28,677 Held under repurchase agreements1 000 - 9,469 3,580 Total U.S. government securities 222666444,,,999111222 - 8,718 25,097 Total loans and securities 222777000,,,999333222 - 9,259 +++ 24,076 - Items in process of collection (543) 4,979 7,852 • 120 Bank premises 998 • 1 • 114 Other assets3 31,927 - 93 - 6,440 TOTAL ASSETS (543) 330,541 - 17,210 • 17,839 LIABILITIES Federal Reserve notes 281,969 - 1,276 • 16,496 Deposits Depository institutions 30,381 - 11,020 • 10,309 U.S. Treasury—general account 5,103 - 1,304 - 8,197 Foreign—official accounts 207 - 2 - 95 Other 256 4- 48 • 72 Total deposits 35,947 - 12,278 • 2,089 Deferred availability cash items (543) 4,505 - 3,607 - 121 Other liabilities and accrued dividends* 22,,336699 111155 - 1,007 TOTAL LIABILITIES ((554433)) 332244,,779900 ~~ 1177,,227766 • 17,457 CAPITAL ACCOUNTS Capital paid in 2,732 • 28 • 253 Surplus | 2,647 + 17 • 224 Other capital accounts | 372 [ + 22 , - 95 * 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 $ 5,594 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 252 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 $ 65 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 26, 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 60 0 WWiitthhiinn 1155 ddaayyss 1133,,339955 7,220 403 513 16 days to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 6633,,661188 2,226 502 75 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8866,,771133 + 96 1,411 10 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6611,,440000 + 632 2,726 + 117 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1155,,119922 0 764 41 OOvveerr 1100 yyeeaarrss 2244,,559944 0 154 0 Total 60 0 TToottaall 226644,,991122 8,718 5,960 522 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 26, 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 629 43 19 56 39 109 58 65 29 20 35 48 107 Loans 60 7 12 10 0 6 1 6 3 5 4 0 7 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations feought 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 130,033 8,803 51,246 3,436 8,136 10,286 4,349 16,340 3,444 1,681 3,604 5,102 13,607 Notes 102,835 6,962 40,527 2,717 6,434 8,134 3,439 12,922 2,723 1,329 2,850 4,035 10,761 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 264,912 17,934 104,402 7,000 16,576 20,955 8,860 33,288 7,016 3,425 7,343 10,394 27,721 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 264,912 17,934 104,402 7,000 16,576 20,955 8,860 33,288 7,016 3,425 7,343 10,394 27,721 Total loans and securities 270,932 18,345 106,762 7,167 16,949 21,432 9,060 34,043 7,177 3,507 7,512 10,628 28,352 Items in process of collection 5,522 374 622 372 190 532 601 486 169 302 354 490 1,028 Bank premises 998 89 131 44 34 123 57 112 28 32 53 148 146 Other assets** 31,927 1,284 9,776 1,210 1,921 2,148 2,748 3,893 790 785 1,145 2,344 3,882 Interdistrict settlement account 0 -1,625 -13,421 +2,915 +1,658 +242 + 999 -519 + 911 •3,153 +884 +1,275 +3,527 TOTAL ASSETS 331,084 19,969 111,197 12,403 22,128 26,495 14,305 40,786 9,740 8,141 10,687 15,911 39,321 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 $ 5,594 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 252 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 $ 65 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 26, 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 281,969 17,541 96,170 10,479 20,151 22,699 9,703 36,332 8,387 6,762 8,995 13,091 31,659 Deposits Depository institutions 30,381 1,751 6,359 1,299 1,324 2,836 3,448 2,976 998 875 1,078 1,772 , 5,663 U.S. Treasury--general account 5,103 0 5,103 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 207 9 34 10 15 16 22 29 6 6 9 19 31 Other 256 2 143 2 4 26 1 68 0 4 2 1 3 Total deposits 35,947 1,762 11,640 1,311 1,342 2,878 3,472 3,074 1,005 886 1,089 1,792 5,697 Deferred credit items 5,048 305 618 319 154 374 556 423 152 307 333 500 1,006 Other liabilities and accrued dividends1 2,369 140 1,064 59 129 169 79 268 56 29 62 90 224 TOTAL LIABILITIES 325,333 19,748 109,491 12,168 21,776 26,120 13,809 40,097 9,599 7,984 10,479 15,473 38,586 CAPITAL ACCOUNTS Capital paid in 2,732 98 793 112 166 173 257 322 66 78 100 215 352 Surplus 2,647 98 771 105 161 171 238 321 66 70 99 211 336 Other capital accounts 372 24 141 18 25 32 0 47 9 10 9 12^ 47 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 331,084 19,969 111,197 12,403 22,128 26,495 14,305 40,786 9,740 8,141 10,687 15,911 39,321 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 362,562 23,003 123,561 12,923 23,337 30,222 16,238 41,386 11,138 8,338 11,525 17,390 43,500 Less—Held by F.R. Banks 80,593 5,462 27,391 2,444 3,186 7,523 6,535 5,054 2,751 1,576 2,530 4,299 11,840 F.R. notes, net 281,969 17,541 96,170 10,479" 20,151 22,699 9,703 36,332 8,387 6,762 8,995 13,091 31,659 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 260,893 Total collateral 281,969 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