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 May 14, 1992 Millions of dollars Averag es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss May 13, 1992 May 6, 1992 May .L 5, 1991 May 13, 1992 Reserve Bank credit1 2 307,302 + 2,424 + 20,145 308,731 U.S. government securities Bought outright—system account 266,690 - 19 + 23,819 266,414 Held under repurchase agreements 2,548 + 2,548 + 1,885 3,716 Federal agency obligations Bought outright 5,910 0 - 340 5,910 Held under repurchase agreements 79 + 79 + 51 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 116 + 77 + 65 673 Seasonal credit 79 + 10 - 57 92 Extended credit 0 0 - 132 0 Float 266 - 661 - 11 163 Other F.R. assets 31,613 + 391 - 5,133 31,762 Gold stock 11,057 0 - 1 11,057 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,222 + 14 + 557 21,222 Total factors supplying reserve funds 349,600 + 2,438 + 20,702 351,029 Currency in circulation* 307,803 + 1,174 + 19,110 308,01? Treasury cash holdings* 697 - 7 + 44 692 Deposits, other than reserve balances, with F.R. Banks Treasury 5,012 + 239 + 81 4,816 Foreign 222 + 22 + 16 193 Service-related balances and adjustments3 4,941 - 779 + 1,711 4,941 Other 264 - 4 + 48 249 Other F.R. liabilities and capital 8,101 + 145 + 639 8,061 Total factors, other than reserve balances, absorbing reserve funds 327,040 + 790 + 21,648 326,969 Reserve balances with F.R. Banks4 22,559 + 1,648 - 947 24,060 On May 13, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 273,754 million, a change of + $ 3,440 million for the week. 1 Net of $ 5,745 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,745 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,022 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,022 million was with foreign official and international accounts. Includes $ 13 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,758 million and adjustments of $ 183 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 NNeeddnneessddaayy Nednesday | Wednesday ** May 13, 1992 May 6, 1992 May 15, 1991 ASSETS Gold certificate account 11,057 0 0 Special drawing rights certificate account 10,018 0 0 Coin 547 - 4 1 - 82 Loans 765 •¥ 669 + 340 Acceptances 0 0 0 Federal agency obligations Bought outright 5,910 0 - 340 Held under repurchase agreements1 0 0 - 196 U.S. government securities Bought outright—Bills 130,110 ! - 77 + 16,302 Notes 104,260 0 + 7,754 Bonds 32,043 0 + 580 Total bought outright- 266,414 - 77 + 24,636 Held under repurchase agreements1 3,716 + 3,716 - 922 Total U.S. government securities 270,130 + 3,639 * 23,714 Total loans and securities 276,806 + 4,309 + 23,518 Items in process of collection (567) 5,244 - 941 - 527 Bank premises 1,021 + 5 + 106 Other assets3 30,771 + 450 - :;,io2 TOTAL ASSETS (567) 335,463 + 3,818 + 19,912 LIABILITIES Federal Reserve notes 288,034 + 553 + 18,584 Deposits Depository institutions 29,108 + 4,247 - 230 U.S. Treasury—general account 4,816 - 453 + 981 Foreign—official accounts 193 - 40 - 29 Other ; 249 - 10 + 8 Total deposits | 34,365 •f 3,743 + 731 Deferred availability cash items (567) 5,004 - 766 | 161 Other liabilities and accrued dividends4 2,105 + 140 - 222 TOTAL LIABILITIES (567) 329,507 + 3,671 + 18,932 CAPITAL ACCOUNTS Capital paid in | 2,806 + 5 + 262 Surplus 2,652 0 + 575 Other capital accounts 1 *98 1 + 142 + 142 * 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 $ 6,022 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 13 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, MAY 13, 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 Heekly Heekly Holdings Holdings changes changes Hithin 15 days 707 0 HHiitthhiinn 1155 ddaayyss 1177,,995511 + 641 45 + 45 16 days to 90 days 59 0 1166 ddaayyss ttoo 9900 ddaayyss 6611,,442288 252 730 45 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 8877,,550077 + 3,250 1,506 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 6633,,330022 0 2,733 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1155,,334477 0 742 0 OOvveerr 1100 yyeeaarrss 2244,,559944 0 154 0 Total 765 0 TToottaall 227700,,113300 + 3,639 5,910 0 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 13, 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 547 43 15 56 28 92 49 52 26 19 29 39 101 Loans 765 10 527 4 100 6 29 9 20 30 14 3 14 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 130,110 8,310 50,617 3,960 8,189 10,174 4,429 16,114 3,184 2,028 3,520 4,773 14,811 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 266,414 17,017 103,644 8,109 16,769 20,832 9,070 32,995 6,519 4,152 7,207 9,774 30,327 Held under repurchase agreements1 3,716 0 3,716 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 270,130 17,017 107,360 8,109 16,769 20,832 9,070 32,995 6,519 4,152 7,207 9,774 30,327 Total loans and securities 276,806 17,404 110,186 8,292 17,241 21,300 9,300 33,736 6,684 4,274 7,381 9,994 31,014 Items in process of collection 5,811 285 652 404 434 330 675 481 200 384 357 548 1,062 Bank premises 1,021 89 138 44 35 125 57 112 29 32 53 161 147 Other assets3 30,771 1,266 9,707 1,154 1,849 2,119 2,472 3,729 758 746 1,077 2,170 3,724 Interdistrict settlement account 0 -539 -13,608 +2,080 +821 -33 +1,853 -841 +1,801 +2,436 +1,718 +1,949 +2,363 TOTAL ASSETS 336,030 19,964 114,528 12,697 21,710 25,834 15,211 39,876 10,108 8,258 11,277 15,787 40,782 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 $ 6,022 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 13 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. 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 13, 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 288,034 17,713 100,969 10,365 19,648 22,510 10,794 35,943 8,836 6,738 9,626 12,739 32,153 Deposits Depository institutions 29,108 1,609 5,310 1,655 1,178 2,334 3,180 2,437 883 956 1,021 1,966 6,577 U.S. Treasury—general account 4,816 0 4,816 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 193 5 95 6 8 9 13 17 3 4 5 11 18 Other 249 1 104 1 0 64 1 68 0 4 2 1 4 Total deposits 34,365 1,615 10,324 1,661 1,187 2,407 3,194 2,522 887 963 1,028 1,978 6,599 Deferred credit items 5,571 281 644 365 391 364 598 457 188 360 348 525 1,049 Other liabilities and accrued dividends1 2,105 132 805 66 128 163 82 260 51 34 59 87 238 TOTAL LIABILITIES 330,075 19,741 112,742 12,457 21,354 25,444 14,668 39,183 9,962 8,096 11,061 15,329 40,038 CAPITAL ACCOUNTS Capital paid in 2,806 102 823 115 166 181 267 324 69 78 103 224 353 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 498 23 191 20 28 38 34 48 11 14 14 22 55 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 336,030 19,964 114,528 12,697 21,710 25,834 15,211 39,876 10,108 8,258 11,277 15,787 40,782 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 359,652 22,814 125,126 12,547 22,099 29,677 16,252 39,723 11,092 7,926 11,594 16,190 44,613 Less—Held by F.R. Banks 71,619 5,101 24,157 2,183 2,451 7,167 5,458 3,780 2,255 1,188 1,968 3,451 12,460 F.R. notes> net 288,034 17,713 100,969 10,365 19,648 22,510 10,794 35,943 8,836 6,738 9,626 12,739 32,153 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 266,958 Total collateral 288,034 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