H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•o9i£2& 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. :;^LRt^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks April 9, 1992 Millions of dollars Averages of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss Apr 8, 1992 Apr 1, 1992 Apr 10, 1991 Apr 8, 1992 Reserve Bank credit1 2 304,484 _ 4,243 + 18,056 304,067 U.S. government securities Bought outright—system account 267,561 + 1,294 + 25,632 266,803 Held under repurchase agreements 0 - 3,163 - 568 0 Federal agency obligations Bought outright 5,910 - 42 - 431 5,910 Held under repurchase agreements 0 - 7 - 33 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 13 - 109 - 18 13 Seasonal credit 35 - 2 - 36 37 Extended credit 0 - 1 - 72 0 Float 497 • 159 - 312 657 Other F.R. assets 30,468 - 2,372 - 6,104 30,647 Gold stock 11,057 0 - 1 11,057 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,186 + 14 + 593 21,186 Total factors supplying reserve fur ids 346,745 - 4,229 _ 18,648 346,328 Currency in circulation* 304,458 + 1,486 + 16,252 305,410 Treasury cash holdings* 704 - 5 + 76 705 Deposits, other than reserve balances, with F.R. Banks Treasury 5,438 + 253 + 642 4,886 Foreign 198 - 44 - 31 203 Service-related balances and adjustments3 4,888 + 274 + 2,044 4,887 Other 284 0 • 64 265 Other F.R. liabilities and capital 7,935 - 142 + 1,864 7,958 Total factors, other than reserve balances, absorbing reserve funds 323,905 + 1,822 • 20,910 324,314 Reserve balances with F.R. Banks4 22,840 - 6,051 - 2,262 22,014 On April 8, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 271,960 million, a change of + $ 377 million for the week. 1 Net of $ 4,875 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,875 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,632 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,632 million was with foreign official and international accounts. Includes $ 60 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,711 million and adjustments of $ 177 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. * Estip^ted (Treasury's figures). Ccrr^onents 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 ** NNeeddnneessddaayy Wednesday Wednesday Apr 8, 1992 Apr 1, 1992 Apr 10, 1991 ASSETS Gold certificate account 11,057 0 - 1 Special drawing rights certificate account 10,018 0 0 Coin 599 + 2 - 43 - - Loans 50 628 196 Acceptances 0 0 0 Federal agency obligations Bought outright 5,910 0 - 431 Held under repurchase agreements1 0 - 49 0 U.S. government securities Bought outright—Bills 130,500 + 354 -f 19,041 Notes 104,260 0 • 7,554 Bonds 32,043 \ 0 + 780 Total bought outright2 266,803 + 354 + 27,375 Held under repurchase agreements1 0 - 3,717 0 Total U.S. government securities 266,803 - 3,363 • 27,375 Total loans and securities 272,763 - 4,040 + 26,748 - - Items in process of collection (666) 5,898 596 912 Bank premises 1,009 0 + 110 Other assets3 2299,,770022 - 2,047 6 : 106 TOTAL ASSETS ((666666)) 333311,,004466 - 6,682 ++ 19:796 LIABILITIES Federal Reserve notes 285,528 + 1,795 + 16:110 Deposits Depository institutions 26,985 - 10,651 + 1,087 U.S. Treasury—general account 4,886 * 2,356 + 568 Foreign—official accounts 203 - 39 - 11 Other 265 - 49 •f 56 Total deposits 32,339 - 8,384 + 1,700 Deferred availability cash items (666) 5,221 - 301 • 206 Other liabilities and accrued dividends* 2,166 - 36 - 260 TOTAL LIABILITIES (666) 325,254 - 6,925 + 17,755 CAPITAL ACCOUNTS Capital paid in 2,748 + 2 • 241 Surplus 2,619 • 21 • 1,373 Other capital accounts 426 + 221 • 426 * 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 $ 5,632 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 60 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 $ 67 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, APRIL 8, 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 Weekly Holdings Holdings changes changes Within 15 days 29 0 HHiitthhiinn 1155 ddaayyss 1122,,003388 3,667 20 49 16 days to 90 days 21 0 1166 ddaayyss ttoo 9900 ddaayyss 6677,,669922 • 3,380 734 + 210 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8844,,881155 3,076 1,505 210 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6622,,447733 0 2,750 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1155,,119922 0 747 0 OOvveerr 1100 yyeeaarrss 2244,,559944 0 154 0 Total 50 0 TToottaall 226666,,880033 3,363 5,910 49 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 APRIL 8, 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 11,057 747 3,912 318 692 948 479 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 599 46 18 61 34 103 48 62 25 21 30 45 106 Loans 50 3 0 7 0 5 1 5 5 12 8 1 3 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bough* outright 5,910 400 2,329 156 370 468 198 743 157 76 164 232 618 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 130,500 8,835 51,430 3 ,448 8,165 10,323 4,364 16,398 3,456 1,687 3,617 5,120 13,656 Notes 104,260 7,058 41,089 2,755 6,524 8,247 3,487 13,101 2,761 1,348 2,890 4,091 10,910 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 266,803 18,062 105,147 7,050 16,694" 21,104 8,923 33,526 7,066 3,449 7,395 10,468 27,918 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 266,803 18,062 105,147 7,050 16,694 21,104 8,923 33,526 7,066 3,449 7,395 10,468 27,918 Total loans and securities 272,763 18,466 107,476 7,213 17,064 21,576 9,122 34,274 7,227 3,537 7,567 10,701 28,540 Items in process of collection 6,564 347 688 534 206 596 810 539 263 325 365 699 1,191 Bank premises 1,009 89 135 44 35 124 57 112 29 32 53 153 146 Other assets3 29,702 1,233 9,230 1,107 1,790 2,023 2,432 3,627 743 718 1,055 2,139 3,605 Interdistrict settlement account 0 -2,187 -9,895 +2,554 +1,056 -661 + 919 -1,511 +1,016 +2,752 +1,159 +855 +3,943 TOTAL ASSETS 331,711 19,452 114,960 12,150 21,522 25,670 14,170 39,809 9,938 7,728 10,933 15,569 39,811 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 $ 5,632 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 60 million securit* s 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 $ 67 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 APRIL 8, 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 285,528 17,435 99,281 10,243 19,746 22,764 10,294 35,735 8,740 6,690 9,475 12,932 32,192 Deposits Depository institutions 26,985 1,316 7,235 1,118 1,114 1,830 2,666 2,554 812 524 855 1,458 5,504 U.S. Treasury—general account 4,886 0 4,886 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 203 5 104 6 8 9 13 17 3 4 5 11 18 Other 265 1 107 1 0 71 6 69 0 4 2 0 3 Total deposits 32,339 1,322 12,332 1,124 1,123 1,910 2,684 2,639 816 532 863 1,469 5,524 Deferred credit items 5,886 336 676 488 175 461 647 488 184 323 320 646 1,141 Other liabilities and accrued dividends1 2,166 134 925 58 123 159 76 257 53 28 59 88 207 TOTAL LIABILITIES 325,919 19,227 113,214 11,914 21,167 25,294 13,701 39,119 9,793 7,573 10,718 15,135 39,065 CAPITAL ACCOUNTS Capital paid in 2,748 100 796 115 166 174 259 322 68 78 102 215 353 Surplus 2,619 98 771 105 161 171 210 321 66 70 99 211 336 Other capital accounts 426 27^ 178 1£ 28 31 0_ 47 11^ 7_ 13 8^ 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 331,711 19,452 114,960 12,150 21,522 25,670 14,170 39,809 9,938 7,728 10,933 15,569 39,811 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 360,792 22,937 124,531 12,726 22,497 30,148 16,138 40,219 11,077 8,034 11,900 16,852 43,733 Less—Held by F.R. Banks 75,264 5,502 25,250 2,483 2,751 7,384 5,844 4,484 2,337 1,343 2,425 3,920 11,540 F.R. notes> net 285,528 17,435 99,281 10,243 19,746 22,764 10,294 35,735 8,740 6,690 9,475 12,932 32,192 Collateral held against F.R. notes Gold certificate account 11,057 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 264,453 Total collateral 285,528 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