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 April 16, 1992 Millions of dollars Averages of daily f:g ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Wednesday FF..RR.. BBaannKKss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Apr 15, 1992 Apr 8, 1992 Apr 17, 1991 Apr 15, 1992 Reserve Bank credit1 2 305,556 • 1,073 • 20,769 312,762 U.S. government securities Bought outright—system account 266,011 - 1,550 + 25,919 266,234 Held under repurchase agreements 2,338 2,338 • 1,721 9,477 «• Federal agency obligations Bought outright 5,910 0 - 431 5,910 Held under repurchase agreements 20 • 20 + 20 120 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 24 • 11 - 100 45 Seasonal credit 39 • 4 - 31 42 Extended credit 1 • 1 - 78 0 Float 424 - 73 - 336 -10 Other F.R. assets 30,790 • 323 - 5,914 30,943 Gold stock 11,057 0 - 1 11,057 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,200 14 + 590 21,200 Total factors supplying reserve funds 347,832 1,087 + 21,358 355,037 Currency in circulation* 306,036 • 1,577 + 17,719 306,414 Treasury cash holdings* 706 • 1 + 66 710 Deposits, other than reserve balances, with F.R. Banks Treasury 4,435 - 1,002 • 655 4,129 Foreign 212 • 14 - 36 184 Service-related balances and adjustments3 4,819 - 68 • 1,527 4,819 Other 299 • 14 • 57 266 Other F.R. liabilities and capital 8,225 • 289 + 1,682 7,961 Total factors, other than reserve balances, absorbing reserve funds 324,731 • 826 • 21,671 324,484 Reserve balances with F.R. Banks4 23,100 • 260 - 313 30,553 On April 15, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 273,335 million, a change of + $ 1,375 million for the week. 1 Net of $ 6,425 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,166 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,202 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,202 million was with foreign official and international accounts. Includes $ 200 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,710 million and adjustments of $ 110 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 Apr 15, 1992 Apr 8, 1992 Apr 17, 1991 ASSETS Gold certificate account 11,057 0 - 1 Special drawing rights certificate account 10,018 0 0 Coin 588 - 11 - 42 Loans 87 + 37 - 116 Acceptances 0 0 0 Federal agency obligations Bought outright 5,910 0 - 431 Held under repurchase agreements1 120 + 120 + 120 U.S. government securities Bought outright—Bills 129,931 - 569 + 14,975 Notes 104,260 0 + 7,554 Bonds 32,043 0 + 780 Total bought outright2 266,234 - 569 + 23,309 Held under repurchase agreements1 99,,447777 ++ 99,,447777 + 7,405 Total U.S. government securities 227755,,771111 ++ 88,,990088 + 30,714 Total loans and securities 281,828 + 9,065 + 30,287 Items in process of collection (611) 6,081 + 183 - 557 Bank premises 1,010 + 1 + 103 Other assets3 3300,,003311 + 329 __ 5,655 TOTAL ASSETS ((661111)) 334400,,661133 + 9,567 24,135 LIABILITIES Federal Reserve notes 286,511 + 983 + 17,745 Deposits Depository institutions 35,737 + 8,752 + 4,274 U.S. Treasury—general account 4,129 - 757 + 746 Foreign—official accounts 184 - 19 - 12 Other 266 + 1 + 42 Total deposits 40,317 + 7,978 + 5,050 Deferred availability cash items (611) 5,824 + 603 - 108 Other liabilities and accrued dividends* 2,138 - 28 195 TOTAL LIABILITIES ((661111)) 334,790 + 9,536 ++ 2i:,492 CAPITAL ACCOUNTS Capital paid in 2,776 + 29 + 266 Surplus 2,632 + 14 + 971 Other capital accounts 414 - 11 + 407 * 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 $ 6,202 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 200 million securities loaned-fuliy 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 $ 62 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 15, 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. governmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 74 0 WWiitthhiinn 1155 ddaayyss 1199,,445544 + 7,417 164 + 144 16 days to 90 days 13 0 1166 ddaayyss ttoo 9900 ddaayyss 6655,,993333 1,759 702 32 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8877,,998866 + 3,171 1,551 + 46 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6622,,339966 77 2,717 33 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1155,,334477 + 156 742 5 OOvveerr 1100 yyeeaarrss 2244,,559944 0 154 0 Total 87 0 TToottaall 227755,,771111 + 8,908 6,030 + 120 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 15, 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 11,057 705 4,043 347 658 941 503 1,270 304 195 329 463 1,299 Special drawing rights certif. acct. 10,018 711 3,395 319 645 961 303 1,336 307 172 334 463 1,072 Coin 588 46 17 61 33 102 49 61 23 20 30 44 102 Loans 87 6 0 33 0 4 4 3 6 12 8 1 9 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,910 378 2,299 180 372 462 201 732 145 92 160 217 673 Held under repurchase agreements1 120 0 120 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 129,931 8,299 50,547 3,955 8,178 10,160 4,423 16,092 3,179 2,025 3,515 4,767 14,791 Notes 104,260 6,659 40,561 3,173 6,562 8,153 3,549 12,913 2,551 1,625 2,820 3,825 11,869 Bonds 32,043 2,047 12,466 975 2,017 2,506 1,091 3,969 784 499 867 1,176 3,648 Total bought outright2 266,234 17,005 103,574 8,103 16,757 20,818 9,064 32,973 6,514 4,149 7,202 9,767 30,307 Held under repurchase agreements1 9,477 0 9,477 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 275,711 17,005 113,051 8,103 16,757 20,818 9,064 32,973 6,514 4,149 7,202 9,767 30,307 Total loans and securities 281,828 17,389 115,470 8,317 17,129 21,284 9,269 33,708 6,665 4,254 7,370 9,984 30,988 Items in process of collection 6,692 334 763 481 277 482 691 SQ7 245 387 381 738 1,326 Bank premises 1,010 89 135 44 35 124 SI 112 29 32 53 153 147 Other assets3 30,031 1,211 9,611 1,122 1?785 2,009 2,420 3,642 726 725 1,049 2,119 3,613 Interdistrict settlement account 0 -387 -17,887 4-2,287 4 1,688 + 713 + 937 + 742 +2,004 +2,535 +1,948 +2,299 +3,121 TOTAL ASSETS 341,224 20,098 115,547 12,977 22,251 26,616 14,229 41,459 10,303 8,320 11,493 16,263 41,667 1 Doe* 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 $ 8,202 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 200 million securities loaned-fully secured by U.S. government securities. 3 Includes assets rienom'mated m foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 62 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 15, 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 286,511 17,608 99,915 10,323 19,858 22,885 10,103 35,903 8,693 6,706 9,477 12,917 32,123 Deposits Depository institutions 35,737 1,789 7,972 1,878 1,594 2,674 2,882 3,904 1,173 1,034 1,386 2,111 7,339 U.S. Treasury—general account 4,129 0 4,129 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 184 5 86 6 8 9 13 17 3 4 5 11 18 Other 266 1 135 1 1 46 7 64 0 4 3 0 3 Total deposits 40,317 1,795 12,322 1,885 1,603 2,730 2,902 3,984 1,177 1,042 1,394 2,123 7,360 Deferred credit items 6,435 340 716 464 308 460 662 620 237 378 347 695 1,206 Other liabilities and accrued dividends1 2,138 130 838 67 129 168 79 261 51 35 59 84 237 TOTAL LIABILITIES 335,401 19,874 113,791 12,739 21,898 26,242 13,746 40,769 10,158 8,161 11,278 15,819 40,927 CAPITAL ACCOUNTS Capital paid in 2,776 101 822 115 166 174 259 323 68 78 102 215 353 Surplus 2,632 98 771 105 161 171 223 321 66 70 99 211 336 Other capital accounts 414 26 163 19^ 26^ 30 0_ 46 11 12 13_ 18^ 52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 341,224 20,098 115,547 12,977 22,251 26,616 14,229 41,459 10,303 8,320 11,493 16,263 41,667 FEDERAL RESERVE AGENTS1 ACCOUNTS F.R. notes outstanding 360,044 22,918 124,687 12,638 22,576 30,156 15,895 40,097 11,064 8,102 11,835 16,704 43,373 Less—Held by F.R. Banks 73,533 5,310 24,772 2,315 2,718 7,271 5,792 4,194 2,372 1,396 2,358 3,787 11,249 F.R. notes, net 286,511 17,608 99,915 10,323 19,858 22,885 10,103 35,903 8,693 6,706 9,477 12,917 32,123 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 265,436 Total collateral 286,511 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