H.4.1 Factors Affecting Reserve Balances of Depository Institutions

TOERAURESERVE These drift are scheduled for release each Thursday. The exact time of each release wilt be announced, when •.°^.rrrr.A 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 May 7, 1992 Millions of dollars Averac tes of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Mednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss May 6, 1992 Apr 29, 1992 May 8, 1991 May 6, 1992 Reserve Bank credit1 2 304,878 + 266 + 20,040 304,245 U.S. government securities Bought outright—system account 266,709 + 946 + 25,780 266,490 Held under repurchase agreements 0 - 1,152 0 0 Federal agency obligations Bought outright 5,910 0 340 5,910 Held under repurchase agreements 0 - 24 0 0 Acceptances Q- 0 0 0 Loans to depository institutions Adjustment credit 40 - 21 6 23 Seasonal credit 70 + 3 68 73 Extended credit 0 - 4 123 0 Float 928 + 531 + 325 363 Other F.R. assets 31,221 - 13 5,529 31,385 Gold stock 11,057 0 1 11,057 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,208 •*• 14 + 554 21,208 Total factors supplying reserve funds 347,162 _ 280 + 20,593 346,529 Currency in circulation* 306,629 + 1,086 + 18,859 307,440 Treasury cash holdings* 704 - 5 + 48 698 Deposits> other than reserve balances, with F.R. Banks Treasury 4,774 - 8 448 5,269 Foreign 200 - 21 50 233 Service-related balances and adjustments3 5,720 + 919 + 2,563 5,720 Other 268 + 28 + 45 259 Other F.R. liabilities and capital 7,956 - 316 + 977 7,774 Total factors, other than reserve balances> absorbing reserve funds 326,251 • 1,684 + 21,993 327,393 Reserve balances with F.R. Banks4 20,911 - 1,404 1,401 19,136 On May 6, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 270,314 million, a change of - $ 891 million for the week 1 Net of $ 5,726 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,726 million was with foreign official and international accounts. Includes securities Joaned-fully secured by U.S. government securities. 2 Net of $ 5,945 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,945 million was with foreign official and international accounts. Includes $ 53 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,759 million and adjustments of $ 961 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 Hednesday Hednesckay ** Hay 6, 1992 Apr 29, 1992 | Hay 8, 1991 ASSETS Gold certificate account 11,057 0 - 1 Special drawing rights certificate account 10,018 0 0 Coin 551 - 10 - 93 - - Loans 96 54 219 Acceptances 0 0 0 Federal agency obligations Bought outright 5,910 0 - 340 Held under repurchase agreements1 0 - 55 0 U.S. government securities Bought outright—Bills 130,187 + 170 * 17,239 Notes 104,260 0 • 7,554 Bonds 32,043 0 • 780 Total bought outright2 266,490 • 170 • 25,1573 Held under repurchase agreements1 0 - 713 0 Total U.S. government securities 266,490 - 543 272,497 *1 * 266,490 25,J573 Total loans and securities 272,497 - 652 *1 * 25,013 Items in process of collection (630) 6,185 + 744 - + «>42 Bank premises 1,016 + 3 + 111 Other assets3 3300,,332200 - 118 - 5,699 TOTAL ASSETS ((663300)) 333311,,664455 - 33 + 19,975 LIABILITIES Federal Reserve notes 287,480 + 1,593 • 18,:K89 Deposits Depository institutions 24,861 - 1,814 - <h61 U.S. Treasury—general account 5,269 - 537 ; + JI44 Foreign—official accounts 233 - 21 - 57 Other 259 + 14 • 44 Total deposits 30,622 - 2,358 + 71 Deferred availability cash items (630) 5,769 + 875 + '€.21 Other liabilities and accrued dividends4 11,,996655 - 37 - 302 TOTAL LIABILITIES ((663300 )) 332255,,883366 + 74 + 18, <79 CAPITAL ACCOUNTS Capital paid in 2,801 + 13 * 279 Surplus 2,652 0 + £68 Other capital accounts 356 - 120 + 49 * 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 $ 5,945 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 53 million securities ioaned-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 markeS exchange rates of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MAY 6, 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 Hi thin 15 days 51 0 WWiitthhiinn 1155 ddaayyss 1177,,551100 •*• 2,603 0 160 16 days to 90 days 45 0 1166 ddaayyss ttoo 9900 ddaayyss 6611,,667799 288 775 + 98 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8844,,225577 3,765 1,506 + 7 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6633,,330022 + 907 2,733 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1155,,334477 0 742 0 OOvveerr 1100 yyeeaarrss 2244,,559944 0 154 0 Total 96 0 TToottaall 226666,,449900 543 5,910 55 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 MAY 6, 1992 Millions of dollars "~ ~—T' Kansas San Total Boston | New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS _ _ JL 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 551 44 15 59 27 93 48 53 24 19 30 40 100 Loans 96 9 0 7 0 6 3 12 18 23 12 1 5 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S, government securities Bought outright—Bills iso as? 8,315 50,647 3,963 8,194 10,180 4,432 16,124 3,185 2,029 3,522 4,776 14,820 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 266,490^ 17,021" 103,674 8,111 16,773 20,838 9,072 33,005 6,520 4,153 7,209 9,776 30,336 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 266,490 "17 321 103,674 8,111 16,773 20,838 9,072 33,005 6,520 4,153 7,209 9,776 30,336 Total loans and securities 272,497 17,408 105,973 8,299 17,145 21,307 9,277 33,749 6,683 4,268 7,381 9,994 31,014 Items in process of collection 6,815 369 798 523 213 570 661 516 233 336 400 687 1,509 Bank premises 1,016 89 138 44 35 124 57 112 29 32 53 157 147 Other assets3 30,320 1,243 9,446 1,145 1,834 2,097 2,458 3,692 744 739 1,069 2,156 3,693 Interdistrict settlement account 0 -838 -10,398 +1,576 + 727 +35 +1,631 -1,057 +1,879 +2,164 •1,446 +1,573 +1,262 TOTAL ASSETS 332,275 19,735 113,409 12,312 21,283 26,128 14,938 39,671 10,203 7,925 11,041 15,533 40,096 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 $ 5,945 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 53 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 MAY 6, 1992 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas j S3M City Francisco , i LIABILITIES Federal Reserve notes 287,480 17,610 100,422 10,320 19,650 22,667 10,769 35,679 8,858 6,718 9,523 12,892 32,372 Deposits Depository institutions 24,861 1,447 4,182 1,211 947 2,352 2,900 2,497 957 660 871 1,423 5.413 U.S. Treasury—general account 5,269 0 5,269 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 233 5 134 6 8 9 13 17 3 4 5 11 18 Other 259 0 112 1 1 65 5 66 0 4 1 1 3 Total deposits 30,622 1,452 9,697 1,218 957 2,427 2,917 2,581 960 668 877 1*433 5,434 Deferred credit items 6,399 332 811 476 207 507 646 486 196 348 373 681 1*336 Other liabilities and accrued dividends1 1,965 123 742 64 120 154 76 249 48 32 57 82 220 TOTAL LIABILITIES 326,466 19,516 111,672 12,078 20,934 25,754 14,409 38,995 10,062 7,766 10,830 15,089 39,362 CAPITAL ACCOUNTS Capital paid in 2,801 101 823 115 166 181 264 324 68 78 103 224 353 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 356 20 143 14 22 22 23 31 7_ 12 9^ 8 46 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 332,275 19,735 113,409 12,312 21,283 26,128 14,938 39,671 10,203 7,925 11,041 15,533 40,096 FEDERAL RESERVE AGENTS* ACCOUNTS F.R. notes outstanding 359,113 22,747 124,526 12,650 22,130 29,823 16,354 39,564 11,148 7,954 11,581 16,323 44,315 Less—Held by F.R. Banks 71,633 5,137 24,104 2,329 2,480 7,156 5,584 3,884 2,290 1,236 2,058 3,431 11*942 F.R. notes> net 287,480 17,610 100,422 10,320 19,650 22,667 10,769 35,679 8,858 6,718 9,523 12,892 32,372 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 266,405 Total collateral 287,480 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