H.4.1 Factors Affecting Reserve Balances of Depository Institutions

0t CO^"' 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. ^^L Fi'>V. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks May 28, 1992 Millions of dollars Averac es o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Hednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt>> aanndd rreellaatteedd iitteemmss May 27, 1992 May 20, 1992 May 29, 1991 May 27, 1992 Reserve Bank credit1 2 308,008 + 3,062 + 21,466 313,355 U.S. government securities Bought outright—system account 267,758 + 1,414 + 23,928 266,776 Held under repurchase agreements 4,886 + 2,453 + 4,408 10,436 Federal agency obligations Bought outright 5,865 - 46 - 375 5,750 Held under repurchase agreements 372 + 372 + 295 660 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 52 + 16 - 55 80 Seasonal credit 122 + 19 - 52 123 Extended credit 0 0 - 22 0 Float 93 - 210 - 232 422 Other F.R. assets 28,861 - 954 - 6,429 29,108 Gold stock 11,057 0 0 11,057 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,250 + 14 +_ 564 21,250 Total factors supplying reserve funds 350,333 _ 3,076 22,030 355,680 Currency in circulation* 309,103 + 1,257 + 19,334 309,818 Treasury cash holdings* 684 - 7 • 56 682 Deposits, other than reserve balances, with F.R. Banks Treasury 5,438 + 368 + 794 5,195 Foreign 212 - 1 - 32 191 Service-related balances and adjustments3 5,193 - 23 + 2,033 5,192 Other 263 - 3 + 41 270 Other F.R. liabilities and capital 8,382 + 195 + 743 8,301 Total factors, other than reserve balances, absorbing reserve funds 329,276 + 1,786 + 22,969 329,650 Reserve balances with F.R. Banks4 21,058 + 1,290 - 939 26,030 On May 27, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 275,242 million, a change of - $ 1,487 million for the week. 1 Net of $ 5.128 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,128 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of S 6,528 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,528 million was with foreign official and international accounts. Includes $ 150 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,072 million and adjustments of $ 121 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 May 27, 1992 1 May 20, 1992 May 29, 1991 ASSETS Gold certificate account 11,057 0 0 Special drawing rights certificate account 10,018 | 0 0 Coin 495 - 35 - 83 Loans 203 + 33 - 52 Acceptances 0 0 0 Federal agency obligations Bought outright 5,750 - 160 - 463 Held under repurchase agreements1 660 • 660 • 126 U.S. government securities Bought outright—Bills 130,272 • 566 • 12!;, 949 Notes 104,160 • 200 • 7,654 Bonds 32,343 0 • 880 Total bought outright2 266,776 • 766 + 2;;:,483 Held under repurchase agreements1 10,436 + 10,436 + 7,094 Total U.S. government securities 277,212 • 11,202 • 29,577 Total loans and securities 283,825 • 11,735 • 29,187 Items in process of collection (721) 7,413 + 2,055 - 213 Bank premises 1,021 0 • 106 Other assets3 2288,,119999 440000 - 6,409 TT""~~ TOTAL ASSETS ((772211)) 334422,,002266 1133,,335555 • 2 J::,588 LIABILITIES Federal Reserve notes 289,745 • 1,472 • 18,557 Deposits Depository institutions 31,484 • 9,228 • 31,780 U.S. Treasury--general account 5,195 • 492 • 1,250 Foreign—official accounts 191 - 18 ! 75 Other 270 - 2 • 29 Total deposits 37,140 • 9,701 + ;;:,984 Deferred availability cash items (721) 6,840 • 1,890 • 321 Other liabilities and accrued dividends4 2,068 • 52 - 285 TOTAL LIABILITIES (721) 335,813 4 13,115 + 21,577 CAPITAL ACCOUNTS Capital paid in 2,811 0 + 264 Surplus 2,652 0 • 454 Other capital accounts 750 • 240 • 293 * 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 $ 6,528 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 150 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 $ 63 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 27, 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 189 0 WWiitthhiinn 1155 ddaayyss 12,428 735 322 4 16 days to 90 days 14 0 1166 ddaayyss ttoo 9900 ddaayyss 62,345 • 1,229 496 • 47 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 86,614 • 83 1,460 46 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 64,889 • 200 2,577 156 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 15,615 0 742 0 OOvveerr 1100 yyeeaarrss 24,894 0 154 0 Total 203 0 TToottaall 266,786 • 777 5,751 160 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 27, 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 495 35 13 52 25 88 44 41 23 16 27 33 97 Loans 203 6 0 6 0 32 8 13 46 45 11 9 26 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 n Federal agency obligations Bought outright 5,750 367 2,237 175 362 450 196 712 141 90 156 211 655 Held under repurchase agreements1 660 0 660 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 130,272 8,321 50,680 3,965 8,200 10,187 4,435 16,134 3,187 2,030 3,524 4,779 14,830 Notes 104,160 6,653 40,522 3,170 6,556 8,145 3,546 12,900 2,549 1,623 2,818 3,821 11,857 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 266,776 17,040 103,785 8,120 16,791 20,861 9,082 33,040 6,527 4,158 7,217 9,787 30,369 Held under repurchase agreements1 10,436 0 10,436 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 277,212 17,040 114,221 8,120 16,791 20,861 9,082 33,040 6,527 4,158 7,217 9,787 30,369 Total loans and securities 283,825 17,413 117,118 8,301 17,153 21,342 9,286 33,766 6,714 4,292 7,383 10,007 31,049 Items in process of collection 8,134 455 964 600 367 642 918 760 379 546 466 705 1,329 Bank premises 1,021 89 138 44 35 125 57 112 29 32 53 161 147 Other assets3 28,199 1,100 9,051 1,054 1,659 1,896 2,326 3,387 677 684 981 2,012 3,372 Interdistrict settlement account 0 -445 -13,118 •2,539 •1,705 -580 +1,081 +264 •1,732 •2,036 •1,877 •1,575 +1,334 TOTAL ASSETS 342,747 20,064 121,603 13,257 22,247 25,415 14,518 40,935 10,165 7,974 11,450 15,420 39,698 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 5,528 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 150 million securities tonned-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 $ 33 n illion 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 27, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 289,745 17,797 102,281 10,391 20,023 22,356 10,735 36,257 8,884 6,753 9,684 12,753 31,830 Deposits Depository institutions 31,484 1,494 10,174 2,004 1,423 1,846 2,348 2,953 822 500 1,040 1,461 5,419 U.S. Treasury—general account 5,195 0 5,195 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 191 5 92 6 8 9 13 17 3 4 5 11 18 Other 270 1 132 1 3 59 1 64 0 4 2 1 2 Total deposits 37,140 1,500 15^594 2,Oil" 1,434 1,914 2,361 3,035 826 508 1,048 1,472 5,439 Deferred credit items 7,561 409 1,044 542 294 583 772 672 254 512 437 628 1,416 Other liabilities and accrued dividends1 2,088 125 833 64 125 159 79 251 49 34 57 84 229 TOTAL LIABILITIES 336,534 19,831 119,751 13,007 21,876 25,012 13,948 40,214 10,013 7,806 11,226 14,937 38,913 CAPITAL ACCOUNTS Capital paid in 2,811 102 823 114 167 181 267 325 69 78 103 224 358 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 750 33 258 30 43 52 60 75 17 20^ 22 47 93 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 342,747 20,064 121,603 13,257 22,247 25,415 14,518 40,935 10,165 7,974 11,450 15,420 39,698 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 360,671 22,787 126,174 12,463 22,389 29,519 15,993 39,791 11,172 7,876 11,499 15,986 45,022 Less—Held by F.R. Banks 70,927 4,990 23,893 2,072 2,366 7,163 5,258 3,533 2,288 1,123 1,815 3,233 13,192 F.R. notes, net 289,745 17,797 102,281 10,391 20,023 22,356 10,735 36,257 8,884 6,753 9,684 12,753 31,830 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 268,670 Total collateral 289,745 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