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 21, 1992 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Hednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss May 20, 1992 May 13, 1992 May 22, 1991 May 20, 1992 Reserve Bank credit1 2 304,946 _ 2,369 + 19,828 301,127 U.S. government securities Bought outright—system account 266,344 - 346 + 22,916 266,010 Held under repurchase agreements 2,433 - 115 + 2,433 0 Federal agency obligations Bought outright 5,910 0 - 340 5,910 Held under repurchase agreements 0 - 79 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 36 - 80 - 8 56 Seasonal credit 103 + 24 - 52 114 Extended credit 0 0 - 95 0 Float 304 + 23 + 126 -519 Other F.R. assets 29,816 - 1,796 - 5,151 29,557 Gold stock 11,057 0 0 11,057 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,236 + 14 + 561 21,236 Total factors supplying reserve funds 347,258 - 2,355 + 20,389 343,439 Currency in circulation* 307,846 + 43 + 19,221 308,295 Treasury cash holdings* 691 - 6 + 65 684 Deposits, other than reserve balances, with F.R. Banks Treasury 5,070 + 58 - 513 4,703 Foreign 213 - 9 - 5 209 Service-related balances and adjustments3 5,216 + 275 + 1,820 5,216 Other 266 + 3 + 44 272 Other F.R. liabilities and capital 8,187 + 86 + 724 8,008 Total factors, other than reserve balances, absorbing reserve funds 327,490 + 450 + 21,355 327,388 Reserve balances with F.R. Banks4 19,768 - 2,804 - 966 16,051 On May 20, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 276,729 million, a change of + $ 2,975 million for the week. 1 Net of $ 6,092 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,092 million was with foreign official and international accounts. Includes securities foaned-fully secured by U.S. government securities. 2 Net of $ 6,426 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,426 million was with foreign official and international accounts. Includes $ 0 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,072 million and adjustments of $ 144 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 1 Wednesday ** MMaayy 2200,, 11999922 May 13, 1992 May 22, 1991 ASSETS Gold certificate account 11,057 0 0 Special drawing rights certificate acsccoouunntt 10,018 0 0 Coin 530 17 79 Loans 170 595 230 Acceptances 0 0 0 Federal agency obligations Bought outright 5,910 0 340 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 129,706 404 + 14,095 Notes 103,960 300 + 7,454 Bonds 32,343 + 300 + 880 Total bought outright2 266,010 404 + 2£,429 Held under repurchase agreements1 0 3,716 0 Total U.S. government securitiesss 266,010 4,120 + 2;l>,429 Total loans and securities 272,090 4,716 + 21,859 Items in process of collection (542) 5,358 + 114 + 375 Bank premises 1,021 0 + 106 Other assets3 28,598 2,172 - 5,623 TOTAL ASSETS (542) 328,671 6,792 + lii>,636 LIABILITIES Federal Reserve notes 288,273 + 239 + 18,716 Deposits Depository institutions 2222,,225566 66,,885522 ;;>,399 U.S. Treasury—general account 44,,770033 111133 616 Foreign—official accounts 220099 ++ 1166 32 Other 227722 ++ 2233 + 67 Total deposits 2277,,444400 66,,992255 2,980 Deferred availability cash items ((554422)) 44,,995511 -- 5533 + 317 Other liabilities and accrued dividennddss* * 22,,003355 7700 259 TOTAL LIABILITIES ((554422)) 332222,,669988 66,,880099 + 15,793 CAPITAL ACCOUNTS Capital paid in 2,811 + 6 • 265 Surplus 2,652 0 + 503 Other capital accounts 510 + 12 + 75 * 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 $ 6,426 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 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 $ 72 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitment;; Components may not add to totals due to rounding. MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MAY 20, 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 157 0 Within 15 days 13,164 4,787 326 + 281 16 days to 90 days 13 0 16 days to 90 days 61,116 311 449 281 Over 90 days 0 0 91 days to 1 year 86,531 977 1,506 0 Over 1 year to 5 years 64,689 + 1,387 2,733 0 Over 5 years to 10 years 15,615 + 268 742 0 OOvveerr 1100 yyeeaarrss 2244,,889944 + 300 154 0 Total 17U 0 TToottaall 226666,,001100 4,120 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 20, 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 530 39 15 54 26 93 49 48 26 17 28 35 101 Loans 170 8 0 7 0 8 5 16 28 41 13 8 35 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 129,706 8,285 50,460 3,948 8,164 10,142 4,416 16,064 3,174 2,021 3,509 4,758 14,765 Notes 103,960 6,640 40,444 3,164 6,543 8,129 3,539 12,876 2,544 1,620 2,812 3,814 11,834 Bonds 32,343 2,066 12,583 984 2,036 2,529 1,101 4,006 791 504 875 1,187 3,682 Total bought outright2 266,010 16,991 103,487 8,097 16,743 20,801 9,056 32,945 6,509 4,146 7,196 9,759 30,281 eld under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 266, Old" 16,991 103,487 "3,097 16,743 20,801 9,056" 32,945 6,509 4,146 7,196 9,759 30,281 Total loans and securities 272,090 17,376 105,786 8,283 17,115 21,271 9,263 33,694 6,681 4,279 7,369 9,984 30,989 Items in process of collection 5,899 323 712 409 216 428 646 524 188 372 409 575 1,098 Bank premises 1,021 39 138 44 35 125 57 112 29 32 53 161 147 Other assets3 28,593 1,131 8,759 1,095 1,717 1,958 2,405 3,482 700 712 1,021 2,095 3,523 Interiiistrict settlement account 0 --::,,004466 --99,,773322 +1,919 + 903 -671 +1,406 -495 +1,954 +2,154 +1,666 +1,514 +428 TOTAL ASSETS 329,213 1199,,332299 111133,,111177 12,471 21,314 25,106 14,631 39,972 10,189~ 7,932 11,208 15,290 38,656 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and inter national accounts, of which $ 0 million was outstanding at the end of the latest statement week. 2 Net of $ 6,426 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 0 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 $ 72 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 20, 1992 Millions of dollars Kansas 1 San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City 1 Francisco LIABILITIES Federal Reserve notes 288,273 17,677 101,681 10,314 19,603 22,362 10,735 36,002 8,875 6,728 9,618 12,704 31,971 Deposits Depository institutions 22,256 981 3,296 1,484 1,041 1,708 2,672 2,464 953 658 925 1,450 4,624 U.S. Treasury--general account 4,703 0 4,703 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 209 5 110 6 8 9 13 17 3 4 5 11 18 Other 272 1 125 1 1 60 1 73 0 4 2 1 3 Total deposits 27,440 986 8,234 1,491 1,050 1,778 2,686 2,554 956 666 932 1,462 4,645 Deferred credit items 5,492 311 647 359 182 418 584 465 162 343 384 578 1,059 Other liabilities and accrued dividends1 2,035 127 767 66 126 161 79 257 49 33 58 84 229 TOTAL LIABILITIES 323,240 19,102 111,330 12,230 20,962 24,718 14,083 39,278 10,043 7,771 10,992 14,828 37,904 CAPITAL ACCOUNTS Capital paid in 2,811 102 823 115 166 181 267 325 69 78 103 224 358 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 510 27 193 21 25 36 38 48 11 13 13 27 58 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 329,213 19,329 113,117 12,471 21,314 25,106 14,631 39,972 10,189 7,932 11,208 15,290 38,656 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 360,337 22,779 125,675 12,472 22,009 29,654 16,220 39,912 11,211 7,899 11,504 16,087 44,915 Less--Held by F.R. Banks 72,064 5,102 23,994 2,158 2,406 7,292 5,485 3,910 2,336 1,171 1,886 3,382 12,944 F.R. notes, net 288,273 17,677 101,681 10,314 19,603 22,362 10,735 36,002 8,875 6,728 9,618 12,704 31,971 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 267,198 Total collateral 288,273 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