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. ^U Rfc- H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks June 4, 1992 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt?? aanndd rreellaatteedd iitteemmss Jun 3, 1992 May 27, 1992 Jun 5, 1991 Jun 3, 1992 Reserve Bank credit1 2 308,735 •f 773 + 17,004 310,837 U.S. government securities Bought outright—system account 271,063 + 3,306 + 22,505 273,112 Held under repurchase agreements 2,033 - 2,853 + 2,033 1,712 Federal agency obligations Bought outright 5,737 - 128 - 477 5,719 Held under repurchase agreements 114 - 258 + 114 215 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 42 - 10 + 12 11 Seasonal credit 128 • 6 - 46 128 Extended credit 0 0 - 14 0 Float 506 • 456 - 95 906 Other F.R. assets 29,113 • + 254 - 7,029 29,034 Gold stock 11,057 0 0 11,057 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,264 • 14 + 568 21,264 Total factors supplying reserve funds 351,074 + 787 _ 17,571 353,176 Currency in circulation* 309,930 •f 827 + 19,260 310,099 Treasury cash holdings* 682 - 1 + 54 682 Deposits, other than reserve balances, with F.R. Banks Treasury 5,540 • 101 - 403 5,698 Foreign 226 • 15 - 1 202 Service-related balances and adjustments3 5,251 • 57 + 2,070 5,251 Other 251 - 12 + 33 246 Other F.R. liabilities and capital 8,700 •f 317 + 239 8,223 Total factors, other than reserve balances, absorbing reserve funds 330,579 + 1,304 + 21,252 330,400 Reserve balances with F.R. Banks4 20,495 - 517 - 3,681 22,776 On June 3, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 277.619 million, a change of + $ 2,377 million for the week. 1 Net of $ 5.651 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,651 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 3.633 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3.633 million was with foreign official and international accounts. Includes $ 86 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,154 million and adjustments of $ 97 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 Wednesday Wednesday Wednesday Jun 3, 1992 May 27, 1992 Jun 5, 1991 ASSETS Gold certificate account 11,057 0 0 Special drawing rights certificate account 10,018 0 0 Coin 489 6 Qb Loans 139 64 64 Acceptances 0 0 I) Federal agency obligations Bought outright 5,719 31 494 Held under repurchase agreements1 215 445 + 2 US U.S. government securities Bought outright—Bills 136,609 6,337 + 15,903 Notes 104,160 0 + 7,454 Bonds 32,343 0 ±_ 88l) Total bought outright2 273,112 6,337 + 24,23b Held under repurchase agreements1 1,712 8,724 + 1,71;;> Total U.S. government securities 274,824 2,387 25,949 Total loans and securities 280,897 2,928 25,605 Items in process of collection (570) 6,194 1,219 194 Bank premises 1,022 1 107 Other assets3 28,053 146 7,387 TOTAL ASSETS (570) 337,730 4,296 18,046 LIABILITIES Federal Reserve notes 290,006 261 18,65<> Deposits Depository institutions 27,953 - 3,531 - 1,152; U.S. Treasury—general account 5,698 + 503 + 783: Foreign—official accounts 202 + 11 - «. Other 246 - 25 + 56 Total deposits 34 ,098 - 3,042 - 318 Deferred availability cash items (570) 5 ,403 - 1,438 - 98 Other liabilities and accrued dividends* 2 ,041 - 47 - 481 TOTAL LIABILITIES (570) 331,548 4,265 17,762 CAPITAL ACCOUNTS Capital paid in 2,811 0 267 Surplus 2,652 0 274 Other capital accounts 719 31 257 * 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 $ 2,834 million was outstanding at the end of the latest statement week. 2 Net of $ 3,633 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 86 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 m 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, JUNE 3, 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 Meekly Weekly Holdings Holdings changes change s Within 15 days 69 0 Nithin 15 days 15,758 + 3,330 255 67 16 days to 90 days 69 0 16 days to 90 days 68,285 + 5,939 826 + 330 Over 90 days 0 0 91 days to 1 year 85,866 748 1,380 80 Over 1 year to 5 years 64,406 483 2,577 0 Over 5 years to 10 years 15,615 0 742 0 OOvveerr 1100 yyeeaarrss 24,894 0 154 0 Total 139 0 TToottaall 274,824 + 8,038 5,934 + 183 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 JUNE 3, 1992 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas 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 489 34 12 49 24 89 44 39 26 17 26 33 94 Loans 139 6 0 6 0 8 10 4 23 48 9 11 13 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,719 365 2,225 174 360 447 195 708 140 89 155 210 651 Held under repurchase agreements1 215 0 215 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 136,609 8,726 53,145 4,158 8,598 10,682 4,651 16,919 3,343 2,129 3,695 5,012 15,551 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 273,112 17,444 106,250 8,313 17,190 21,356 9,298 33,825 6,682 4,256 7,388 10,019 31,090 Held under repurchase agreements1 1,712 0 1,712 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 274,824 17,444 107,962 8,313 17,190 21,356 9,298 33,825 6,682 4,256 7,388 10,019 31,090 Total loans and securities 280,897 17,816 110,402 8,493 17,550 21,811 9,503 34,538 6,846 4,393 7,552 10,240 31,754 Items in process of collection 6,764 364 779 541 422 498 637 601 279 384 389 540 1,329 Bank premises 1,022 89 140 44 35 124 57 112 29 32 53 161 147 Other assets3 28,053 1,117 8,668 1,058 1,676 1,918 2,323 3,389 685 691 1,091 2,030 3,407 Interdistrict settlement account 0 -1,205 -13,053 +1,817 +1,628 -1,065 +3,167 -1,568 +1,778 +2,742 +1,589 +2,039 +2,130 TOTAL ASSETS 338,300 19,632 114,385 12,669 22,638 25,277 16,537 39,717 10,254 8,627 11,363 15,969 41,232 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 $ 2,834 million was outstanding at the end of the latest statement week. 2 Net of $ 3,633 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 86 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 JUNE 3, 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 290,006 17,784 100,891 10,504 20,532 22,129 11,653 35,388 9,009 6,817 9,750 13,248 32,301 Deposits Depository institutions 27,953 1,165 4,237 1,461 1,390 2,066 3,596 2,716 859 1,230 975 1,632 6,626 U.S. Treasury—general account 5,698 0 5,698 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 202 5 103 6 8 9 13 17 3 4 5 11 18 Other 246 rH 111 1 1 57 1 66 0 4 1 1 2 Total deposits 34,098 1,170 10,149 1,468 1,400 2,132 3,610 2,799 863 1,238 981 1,644 6,645 Deferred credit items 5,973 319 726 386 212 457 628 553 183 372 351 513 1,273 Other liabilities and accrued dividends1 2,041 130 769 67 124 158 78 257 49 33 60 84 231 TOTAL LIABILITIES 332,118 ' 19,404 112,536 12,425 22,268 24,875 15,969 38,997 10,104 8,459 11,142 15,489 40,450 CAPITAL ACCOUNTS Capital paid in 2,811 98 823 114 168 182 267 326 68 78 103 225 358 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 719 32 255 24 42 50 57 74 17 T9. 18 43 88 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 338,300 19,632 114,385 12,669 22,638 25,277 16,537 39,717 10,254 8,627 11,363 15,969 41,232 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 361,054 22,715 124,618 12,642 22,735 29,273 16,917 38,876 11,261 7,916 11,471 16,378 46,252 Less--Held by F.R. Banks 71,048 4,931 23,727 2,138 2,203 7,144 5,264 3,487 2,252 1,099 1,721 3,129 13,952 F.R. notes, net 290,006 17,784 100,891 10,504 20,532 22,129 11,653 35,388 9,009 6,817 9,750 13,248 32,301 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 268,931 Total collateral 290,006 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