H.4.1 Factors Affecting Reserve Balances of Depository Institutions

>I^V- FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when "'.f^r^: 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 12, 1992 Millions of dollars Averages of daily fii gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change frorri week ended | Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Mar 11, 1992 Mar 4, 1992 Mar 13, 1991 ! Mar 11, 1992 Reserve Bank credit1 2 307,999 + 3,166 + 22,938 307,175 U.S. government securities Bought outright—system account 264,501 - 299 4- 26,025 263,576 Held under repurchase agreements 4,201 + 2,873 + 2,882 4,291 Federal agency obligations Bought outright 5,960 0 - 382 5,960 Held under repurchase agreements 67 - 16 + 30 102 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 11 - 21 - 53 14 Seasonal credit 27 + 3 - 18 29 Extended credit 2 0 - 36 2 Float 1,079 + 515 + 757 829 Other F.R. assets 32,150 + 111 - 6,268 32,372 Gold stock 11,058 0 0 11,058 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,130 + 14 + 597 21,130 Total factors supplying reserve funds 350,204 + 3,180 _ 23,534 349,381 Currency in circulation* 302,761 + 1,033 + 15,817 303,375 Treasury cash holdings* 730 + 28 + 121 703 Deposits, other than reserve balances, with F.R. Banks Treasury 5,245 - 318 - 624 4,466 Foreign 198 ~ 26 - 49 188 Service-related balances and adjustments3 4,671 + 45 + 1,782 4,672 Other 267 + 14 + 55 270 Other F.R. liabilities and capital 7,615 + 154 - 627 7,699 Total factors, other than reserve balances, absorbing reserve funds 321,487 + 929 + 16,475 321,372 Reserve balances with F.R. Banks* 28,717 + 2,251 + 7,059 28,009 On March 11, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 272,180 million, a change of + $ 347 million for the week. 1 Net of $ 6,004 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,826 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,930 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,680 million was with foreign official and international accounts. Includes $ 140 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,384 million and adjustments of $ 288 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 11, 1992 Mar 4, 1992 Mar 13, 1991 ASSETS Gold certificate account 11,058 0 0 Special drawing rights certificate account 10,018 0 0 Coin 616 - 7 - 47 Loans 45 + 1 - 77 Acceptances 0 0 0 Federal agency obligations Bought outright 5,960 0 - 382 Held under repurchase agreementsl 102 -- 9 + 102 U.S. government securities Bought outright—Bills 128,697 - 1,101 + 15,595 Notes 102,835 0 + 9,629 Bonds 32,043 0 + 780 Total bought outright2 263,576 - 1,101 + 26,004 Held under repurchase agreements1 44,,229911 + 2,275 ++ 4,291 Total U.S. government securities 226677,,886677 + 1,174 ++ 30,295 Total loans and securities 273,973 + 1,166 + 29,938 - - Items in process of collection (555) 5,656 784 18 Bank premises 1,001 + 1 + 111 Other assets3 31,377 + 372 - 6,466 TOTAL ASSETS (555) 333,699 + 747 + 23,518 LIABILITIES Federal Reserve notes 283,564 + 1,066 + 15,562 Deposits Depository institutions 32,751 + 2,273 + 8,920 U.S. Treasury—general account 4,466 - 1,848 - 362 Foreign—official accounts 188 - 60 - 40 Other 227700 - 9 ++ 72 Total deposits 3377,,667744 + 357 8,591 Deferred availability cash items (555) 4,762 - 1,065 - 2 Other liabilities and accrued dividends* 2,228 ++ 44 - 799 TOTAL LIABILITIES ((555555)) 328,228 ++ 336622 + 23,351 CAPITAL ACCOUNTS Capital paid in 2,737 + 3 + 252 Surplus 2,522 + 180 + 173 Other capital accounts 211 + 202 - 258 * 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 $ 6.930 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 140 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, MARCH 11, 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 rnment Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 32 0 WWiitthhiinn 1155 ddaayyss 1133,,883344 1,039 119900 41 16 days to 90 days 13 0 1166 ddaayyss ttoo 9900 ddaayyss 6699,,003399 • 5,132 669955 88 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8844,,112200 2,920 11,,552233 + 110 OOvvoorr 11 yyeeaarr ttoo 55 yyeeaarrss 6611,,008888 0 22,,668866 40 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1155,,119922 0 881144 + 50 OOvveerr 1100 yyeeaarrss 2244,,559944 0 115544 0 Total 45 0 TToottaall 226677,,886677 + 1,174 66,,006622 9 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 11, 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 616 45 17 59 38 108 51 64 28 21 34 46 105 Loans 45 4 0 3 8 6 1 1 1 10 3 1 6 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 102 0 102 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 128,697 8,713 50,720 3,401 8,053 10,180 4,304 16,172 3,408 1,664 3,567 5,050 13,467 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 263,576 17,844 103,875 6,964 16,492 20,849 8,815 33,120 6,981 3,408 7,306 10,342 27,581 Held under repurchase agreements1 4,291 0 4,291 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 267,867 17,844 108,166" 6,964 16,492 20,849 8,815 33,120 6,981 3,408 7,306 10,342 27,581 Total loans and securities 273,973 18,252 110,617 7,125 16,873 21,327 9,015 33,870 7,139 3,495 7,474 10,577 28,210 Items in process of collection 6,210 366 789 460 279 473 664 518 219 337 382 539 1,185 Bank premises 1,001 89 133 44 35 123 57 112 28 32 53 148 146 Other assets3 31,377 1,269 9,824 1,178 1,879 2,108 2,598 3,801 777 764 1,116 2,279 3,784 Interdistrict settlement account 0 -1,474 -18,039 +2,999 +1,308 + 949 +1,955 -875 +1,417 +2,934 +1,491 +1,081 +6,256 TOTAL ASSETS 334,253 20,004 110,649 12,501 21,750 26,996 15,123 40,196 10,243 7,924 11,253 15,648 41,965 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 $ 6,930 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 140 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 MARCH 11, 1992 Millions of dollars Kansas San Total Boston Nf-'-.v York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 283,564 17,425 96,954 10,419 19,733 22,950 10,222 35,795 8,593 6,688 9,585 12,923 32,277 Deposits Depository institutions 32,751 1,873 5,856 1,433 1,383 3,006 3,792 2,936 1,298 733 1,044 1,714 7,684 U.S. Treasury—general account 4,466 0 4,466 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 188 9 15 10 15 16 22 29 6 6 9 19 31 Other 270 1_ 103 1 1 86 1 66 0 4 2 0 3 Total deposits 37,674 1,883 10,440 1,443 1,399 3,108 3,815 3,032 1,304 743 1,055 1,734 7,718 Deferred credit items 5,317 336 592 369 157 404 579 453 158 324 361 515 1,069 Other liabilities and accrued dividends1 2,228 137 964 59 125 168 76 259 54 28 60 89 211 TOVU LIABILITIES 328,783 19,781 108,950 12,289 21,414 26,630 14,693 39,539 10,108 7,783 11,061 15,260 41,275 CAPITAL ACCOUNTS Capital paid in 2,737 100 793 112 166 173 258 322 66 78 102 215 353 Surplus 2,522 98 771 100 161 171 173 321 66 63 90 173 336 Other capital accounts 211 26 135 0 9_ 23 0 15 3 0 0 0 1 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 334,253 20,004 110,649 12,501 21,750 26,996 15,123 40,196 10,243 7,924 11,253 15,648 41,965 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 364,098 23,012 124,083 12,929 22,968 30,311 16,870 40,877 11,366 8,300 12,121 17,258 44,003 Less--Held by F.R. Banks 80,534 5,587 27,129 2,510 3,236 7,361 6,648 5,081 2,773 ;U612_ 22,,553366 44,,333366 11,726 F.R. notes, net 283,564" 17,425" 96,954 10,419 19,733 22,950 10,222 35,795 8,593 6,688 99,,558855"" 1122,,992233 32,277 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 262,488 To Lai collateral 283,564 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