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. *4L R£' H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks March 19, 1992 Millions of dollars Averages o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Nednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Mar 18, 1992 Mar 11, 1992 Mar 20, 1991 Mar 18, 1992 Reserve Bank credit1 2 310,216 + 2,217 + 25,063 311,994 U.S. government securities Bought outright—system account 264,642 + 141 + 27,166 265,244 Held under repurchase agreements 6,323 + 2,122 + 4,284 6,856 Federal agency obligations Bought outright 5,960 0 - 382 5,960 Held under repurchase agreements 206 + 140 + 97 294 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 78 + 66 - 31 420 Seasonal credit 30 + 3 - 26 36 Extended credit 2 + 1 - 54 3 Float 431 - 648 + 145 420 Other F.R. assets 32,544 + 394 - 6,136 32,762 Gold stock 11,058 0 - 1 11,058 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,144 + 14 + 597 21,144 Total factors supplying reserve funds 352,435 2,231 + 25,659 354,214 Currency in circulation* 303,315 + 554 + 16,570 303,297 Treasury cash holdings* 703 - 27 + 85 703 Deposits, other than reserve balances, with F.R. Banks Treasury 5,906 + 661 + 1,105 4,533 Foreign 232 + 34 - 18 258 Service-related balances and adjustments3 4,500 - 171 + 1,642 4,500 Other 288 + 21 + 32 | 299 Other F.R. liabilities and capital 7,997 + 382 - 504 7,991 Total factors, other than reserve balances, absorbing reserve funds 322,942 + 1,455 + 18,911 321,582 Reserve balances with F.R. Banks* 29,493 + 777 • 6,747 32,632 On March 18, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 271,786 million, a change of - $ 394 million for the week. 1 Net of $ 6,103 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,862 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,886 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,886 million was with foreign official and international accounts. Includes $ 188 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,385 million and adjustments of $ 115 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 18, 1992 Mar 11, 1992 Mar 20, 1991 ASSETS Gold certificate account 11,058 0 0 Special drawing rights certificate account 10,018 0 0 Coin 615 - 1 - 47 Loans 459 + 414 + 145 Acceptances 0 0 0 Federal agency obligations Bought outright 5,960 0 - 382 Held under repurchase agreements1 294 + 192 - 299 U.S. government securities Bought outright—Bills 129,741 + 1,044 • 17,294 Notes 103,460 + 625 + 9,354 Bonds 32,043 0 + 780 Total bought outright2 265,244 + 1,669 + 27,428 Held under repurchase agreements1 66,,885566 + 2,565 3,001 Total U.S. government securities 227722,,110000 + 4,234 ++ 24,427 Total loans and securities 278,813 + 4,839 + 23,892 Items in process of collection (581) 5,419 - 236 + 344 Bank premises 1,007 + 6 + 111 Other assets3 3311,,880077 ++ 443300 - 6,725 TOTAL ASSETS ((558811)) 333388,,773377 55,,003399 + 17,574 LIABILITIES Federal Reserve notes 283,472 - 92 + 16,222 Deposits Depository institutions 37,235 + 4,484 + 2,322 U.S. Treasury—general account 4,533 + 67 - 711 Foreign—official accounts 258 + 70 + 61 Other 299 + 29 + 104 Total deposits 42,325 + 4,651 + 1,777 Deferred availability cash items (581) 4,949 + 187 + 91 Other liabilities and accrued dividends4 2,311 + 83 - 866 TOTAL LIABILITIES (581) 333,057 + 4,829 + 17,224 CAPITAL ACCOUNTS Capital paid in 2,739 + 1 + 253 Surplus 2,573 + 51 + 195 Other capital accounts 368 + 157 - 97 * 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 t> foreign official and international accounts of which $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 5,886 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 188 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 18, 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 457 0 WWiitthhiinn 1155 ddaayyss 1199,,445500 ++ 55,,661155 558822 + 392 16 days to 90 days 2 0 1166 ddaayyss ttoo 9900 ddaayyss 6644,,008822 44,,995577 553355 160 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8877,,007700 ++ 22,,995500 11,,448833 40 OOvveerr 11 yyeeaarr IIDD 55 yyeeaarrss 6611,,771133 ++ 662255 22,,66BB66 0 OOvveerr 55 yyeeaarrss ttoo lluu yy^^aarrss 1155,,119922 00 881144 0 OOvveerr 1100 yyeeaarrss 2244,,559944 00 115544 0 Total 459 0 TToottaall 227722,,110000 ++ 44,,223344 66,,225533 + 192 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 18, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City 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 615 46 19 58 37 107 51 62 28 21 33 47 108 Loans 459 5 107 6 6 6 3 93 8 11 7 0 207 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 294 0 294 0 0 0 0 0 0 0 0 0 0 U.S. <c/eminent securities Bought outright—Bills 129,741 8,783 51,131 3,428 8,118 10,263 4,339 16,303 3,436 1,677 3,596 5,090 13,576 Notes 103,460 7,004 40,774 2,734 6,474 8,184 3,460 13,000 2,740 1,338 2,868 4,059 10,826 Bonds 32,043 2,169 12,628 847 2,005 2,535 1,072 4,026 849 414 888 1,257 3,353 jtal bought outright2 265,244 17,957 104,533 7,009 16,596 20,981 8,871 33,330 7,025 3,429 7,352 10,407 27,755 H( .d under repurchase agreements1 6,856 0 6,856 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 272,100 17,957 111,389 7,009 16,596 20,981 8,871 33,330 7,025 3,429 7,352 10,407 27,755 Total loans and securities 278,813 18,365 114,138 7,172 16,975 21,458 9,073 34,171 7,190 3,517 7,524 10,641 28,586 It* ;v; in process of collection 6,001 332 692 439 228 516 624 568 189 337 377 609 1,090 Ba >.k premises 1,007 89 134 44 35 123 57 112 29 32 53 153 147 0*n-r cssets3 31,807 1,281 10,095 1,183 1,895 2,129 2,606 3,832 780 785 1,122 2,289 3,810 Irlordistrict settlement account 0 -627 -20,972 +3,262 +2,014 + 983 +2,115 -592 +1,370 +2,950 +1,636 +1,588 +6,273 TOTAL ASSETS 339,319 20,943 111,412 12,796 22,521 27,225 15,308 40,859 10,220 7,986 11,448 16,306 42,293 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. : r'et of $ 5,886 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 188 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. Compon *nts 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) STATliMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MARCH 18, 1992 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco LIABILITIES Federal Reserve notes 283,472 17,638 97,843 10,333 19,722 22,667 9,909 35,820 8,571 6,694 9,415 12,759 32,099 Deposits Depository institutions 37,235 2,595 5,407 1,789 2,122 3,497 4,212 3,485 1,283 799 1,401 2,476 8,168 U.S. Treasury—general account 4,533 0 4,533 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 258 9 85 10 15 16 22 29 6 6 9 19 31 Other 299 1 130 1 2 82 1 66 1 4 2 5 3 Total deposits 42,325 2,605 10,155 1,800 2,139 3,594 4,235 3,581 1,291 810 1,412 2,500 8,202 Deferred credit items 5,530 336 653 381 175 423 641 499 161 306 358 553 1,045 Other liabilities and accrued dividend*;1 2,311 139 1,023 59 128 167 77 267 55 29 60 90 218 TOTAL LIABILITIES 333,638 20,719 109,675 12,573 22,165 26,851 14,862 40,167 10,078 7,839 11,245 15,901 41,564 CAPITAL ACCOUNTS Capital paid in 2,739 100 793 112 166 173 258 322 67 78 102 215 353 Surplus 2,573 98 771 105 161 171 188 321 66 69 99 189 336 Other capital accounts 368 27^ 173 6_ 29^ 31 0_ 49 10^ 0_ 2^ 0_ 41 TOTAL LIABILITIES AND CAPITAL ACCOLNTS 339,319 20,943 111,412 12,796 22,521 27,225 15,308 40,859 10,220 7,986 11,448 16,306 42,293 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 364,235 23,318 124,480 12,955 22,874 30,381 16,559 40,908 11,315 8,264 12,068 17,159 43,954 Less -Held by F.R. Banks 80,763 5,679 26,637 2,622 3,152 7,714 6,649 5,088 2,744 1,571 2,653 4,400 11,855 F.R. notes, net 283,472 17,638 97,843 10,333 19,722 22,667 9,909 35,820 8,571 6,694 9,415 12,759 32,099 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 262,396 Toted collateral 283,472 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