H.4.1 Factors Affecting Reserve Balances of Depository Institutions

''o^COVt 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. .f^LRtst;: H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks March 26 > 1992 Millions of dollars Averages of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Mar 25, 1992 Mar 18, 1992 Mar 27, 1991 Mar 25, 1992 Reserve Bank credit1 2 306,942 - 3,273 • 23,243 306,320 U.S. government securities Bought outright—system account 266,790 + 2,148 • 29,505 265,834 Held under repurchase agreements 863 - 5,459 + 484 1,160 Federal agency obligations Bought outright 5,960 0 - 382 5,960 Held under repurchase agreements 57 - 149 - 20 100 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 35 - 42 •f 1 23 Seasonal credit 38 + 8 - 30 45 Extended credit 1 - 1 - 70 1 Float 558 + 130 + 316 375 Other F.R. assets 32,639 + 92 - 6,561 32,822 Gold stock 11,058 0 0 11,058 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,158 + 14 + 596 21,158 Total factors supplying reserve funds 349,175 - 3,259 23,838 348,554 Currency in circulation* 302,917 - 398 + 16,870 302,962 Treasury cash holdings* 704 + 1 + 83 711 Deposits, other than reserve balances, with F.R. Banks Treasury 5,724 - 183 - 407 4,631 Foreign 205 - 27 - 61 172 Service-related balances and adjustments3 4,903 + 403 + 2,096 4,903 Other 281 - 7 + 76 305 Other F.R. liabilities and capital 8,123 + 126 - 426 7,990 Total factors, other than reserve balances, absorbing reserve funds 322,857 - 85 + 18,230 321,673 Reserve balances with F.R. Banks4 26,318 - 3,174 + 5,608 26,881 On March 25, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 269,354 million, a change of - $ 2,432 million for the week. 1 Net of $ 4,932 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,932 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,135 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,135 million was with foreign official and international accounts. Includes $ 135 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,462 million and adjustments of $ 442 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 •• || HHeeddnneessddaayy Wednesday Wednesday Mar 25, 1992 Mar 18, 1992 Mar 27, 1991 ASSETS Gold certificate account 11,058 0 - 1 Special drawing rights certificate account 10,018 0 0 Coin 607 - 9 - 51 Loans 69 - 390 - 103 Acceptances 0 0 0 Federal agency obligations Bought outright 5,960 0 - 382 Held under repurchase agreements1 100 - 194 + 100 U.S. government securities Bought outright—Bills 129,531 - 210 + 14,863 Notes 104,260 + 800 + 8,954 Bonds 32,043 0 + 780 Total bought outright2 265,834 •f 590 + 24,597 Held under repurchase agreements1 1,160 - 5,696 + 1,160 Total U.S. government securities 266,994 - 5,106 + 25,757 Total loans and securities 273,123 - 5>689 + 25,371 Items in process of collection (571) 4,835 - 585 • 116 Bank premises 1,007 0 + 111 Other assets3 31,877 ++ 7700 6,803 TOTAL ASSETS ((557711)) 332,524 66,,221144 ++ 18,743 LIABILITIES Federal Reserve notes 283,121 - 351 + 16,116 Deposits Depository institutions 31,847 - 5,388 • 4,643 U.S. Treasury--general account 4,631 + 98 - 1,524 Foreign--official accounts 172 - 86 - 127 Other (4) 305 + 6 + 97 Total deposits (4) 36,956 - 5,370 + 3,088 Deferred availability cash items (567) 4,458 - 491 - 59 Other liabilities and accrued dividends4 22,,223355 7766 - 765 TOTAL LIABILITIES ((557711)) 332266,,776699 ~~ 66,,228888 + 18,380 CAPITAL ACCOUNTS Capital paid in 2,742 + 4 + 241 Surplus 2,604 + 31 t + 181 Other capital accounts 408 + 40 - 60 * 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 $ 6,135 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 135 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 25, 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 67 0 WWiitthhiinn 1155 ddaayyss 14,487 4,963 300 282 16 days to 90 days 2 0 1166 ddaayyss ttoo 9900 ddaayyss 63,035 1,047 535 0 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 87,174 + 104 1,524 + 41 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 62,513 + 800 2,750 + 64 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 15,192 0 797 17 OOvveerr 1100 yyeeaarrss 24,594 0 154 0 Total 69 0 TToottaall 266,994 5,106 6,060 194 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 25, 1992 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 283,121 17,532 98,484 10,195 19,713 22,616 9,619 35,870 8,521 6,701 9,400 12,793 31,677 Deposits Depository institutions 31,847 1,534 7,705 1,179 1,240 2,336 3,236 2,962 1,233 734 1,163 2,073 6,454 U.S. Treasury—general account 4,631 0 4,631 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 172 9 0 10 15 16 22 29 6 6 9 19 3 J Other 309 1 135 1 3 79 11 67 1 4 4 1 3 Total deposits 36,960 1,544 12,471 1,190 1,257 2,431 3,269 3,058 1,240 744 1,175 2,093 6,487 Deferred credit items 5,025 294 605 339 172 359 564 416 145 298 332 498 1,007 Other liabilities and accrued dividends1 2,235 137 959 59 128 165 77 264 55 28 60 90 214 TOTAL LIABILITIES 327,340 19,508 112,518 11,783 21,270 25,571 13,529 39,609 9,960 7,771 10,967 15,474 39,380 CAPITAL ACCOUNTS Capital paid in 2,742 100 796 113 166 173 258 322 67 78 102 215 353 Surplus 2,604 98 771 105 161 171 203 321 66 70 99 204 336 Other capital accounts 408 26 176 17 28 31 0 47 10 <\_ 12 0_ 57 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 333,095 19,732 114,262 12,018 21,625 25,945 13,990 40,298 10,103 7,923 11,180 15,894 40,126 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 363,391 23,277 124,564 12,889 22,924 30,278 16,105 41,054 11,251 8,222 12,041 17,117 43,669 Less—Held by F.R. Banks 80,271 5,745 26,080 2,694 3,211 7,662 6,485 5,184 2,730 1,522 2,641 4,323 11,993 F.R. notes* net 283,121 17,532 98,484 10,195 19,713 22,616 9,619 35,870 8,521 6,701 9,400 12,793 31,677 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 262,045 Total collateral 283,121 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

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MARCH 25, 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 283,121 17,532 98,484 10,195 19,713 22,616 9,619 35,870 8,521 6,701 9,400 12,793 31,677 Deposits Depository institutions 31,847 1,534 7,705 1,179 1,240 2,336 3,236 2,962 1,233 734 1,163 2,073 6,454 U.S. Treasury—general account 4,631 0 4,631 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 172 9 0 10 15 16 22 29 6 6 9 19 3! Other 309 | 1_ 135 1 3 79 11 67 1 4 4 1 3 Total deposits 36,960 I 1,544 12,471 1,190 1,257 2,431 3,269 3,058 1,240 744 1,175 2,093 6,487 Deferred credit items 5,025 294 605 339 172 359 564 416 145 298 332 498 1,003 Other liabilities and accrued dividends1 2,235 137 959 59 128 165 77 264 55 28 60 90 214 TOTAL LIABILITIES 327,340 19,508 112,518 11,783 21,270 25,571 13,529 39,609 9,960 7,771 10,967 15,474 39,380 CAPITAL ACCOUNTS Capital paid in 2,742 100 796 113 166 173 258 322 67 78 102 215 353 Surplus 2,604 98 771 105 161 171 203 321 66 70 99 204 336 Other capital accounts 408 26 176 17 28 31 0 47 10 4_ 12 0_ 57 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 333,095 19,732 114,262 12,018 21,625 25,945 13,990 40,298 10,103 7,923 11,180 15,894 40,126 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 363,391 23,277 124,564 12,889 22,924 30,278 16,105 41,054 11,251 8,222 12,041 17,117 43,669 Less—Held by F.R. Banks 80,271 5,745 26,080 2,694 3,211 7,662 6,485 5,184 2,730 1,522 2,641 4,323 11,993 F.R. notes> net 283,121 17,532 98,484 10,195 19,713 22,616 9,619 35,870 8,521 6,701 9,400 12,793 31,677 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 262,045 Total collateral 283,121 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