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 June 18, 1992 Millions of dollars Averages o f daily fig ures Reserve balances of depository institutions at Heek ended Change from week ended Wednesday F.R. Banks, Reserve Bank credit, and related items Jun 17, 1992 Jun 10, 1992 Jun L9, 1991 Jun 17, 1992 Reserve Bank credit1 2 309,948 + 27 + 19,896 309,967 U.S. government securities Bought outright—system account 274,103 - 401 + 27,782 274,186 Held under repurchase agreements 0 0 0 0 Federal agency obligations Bought outright 5,719 0 - 494 5,719 Held under repurchase agreements 0 0 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 21 + 11 - 23 88 Seasonal credit 131 + 8 - 84 143 Extended credit 0 0 - 6 0 Float 383 + 217 - 82 138 Other F.R. assets 29,591 + 193 - 7,198 29,693 Gold stock 11,057 + 1 - 4 11,060 Special drawing rights certificate account 10,018 0 0 10,018 Treasury currency outstanding 21,292 + 14 + 568 21,292 Total factors supplying reserve funds 352,316 + 42 + 20,460 352,337 Currency in circulation* 310,506 + 236 + 19,586 310,531 Treasury cash holdings* 627 - 48 + 4 620 Deposits, other than reserve balances, with F.R. Banks Treasury 6,657 + 1,741 + 680 9,858 Foreign 228 + 13 + 2 447 Service-related balances and adjustments3 5,300 + 88 + 2,047 5,300 Other 265 - 17 + 61 263 Other F.R. liabilities and capital 8,226 - 224 - 15 8,025 Total factors, other than reserve balances, absorbing reserve funds 331,811 + 1,790 + 22,366 335,044 Reserve balances with F.R. Banks^ 20,505 - 1,748 - 1,907 17,293 On June 17, 1992, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 278,765 million, a change of + S 2,087 million for the week. 1 Net of $ 6,478 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,953 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,395 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,395 million was with foreign official and international accounts. Includes $ 20 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,171 million and adjustments of $ 130 million to compensate for fioat. 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 Jun 17, 1992 Jun 10, 1992 Jun 19, 1991 ASSETS Gold certificate account 11,060 + 2 - 3 Special drawing rights certificate account 10,018 0 0 Coin 498 + 1 - 92 Loans 230 + 99 - 80 Acceptances 0 0 0 Federal agency obligations Bought outright 5,719 0 - 494 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 134,153 - 1,690 + 13,696 Notes 106,974 0 + 10,268 Bonds 33,059 0 + 1,596 Total bought outright2 274,186 - 1,690 + 25,560 Held under repurchase agreements1 0 0 0 Total U.S. government securities 274,186 - 1,690 + 25,560 Total loans and securities 280,136 - 1,591 + 24,986 Items in process of collection (610) 5,487 + 529 - 55 Bank premises 1,026 + 4 + 99 Other assets3 28,674 + 236 - 7>298 TOTAL ASSETS (610) 336,899 - 819 • 17>637 LIABILITIES Federal Reserve notes 290,357 - 58 + 18,962 Deposits Depository institutions 22,707 - 6,826 - 3 ,042 U.S. Treasury—general account 9,858 + 5,378 + 2 ,375 Foreign—official accounts 447 + 230 + 204 Other 263 - 52 + 53 Total deposits 33,276 - 1,270 - 411 Deferred availability cash items (610) 5,241 + 583 - 1 ,060 Other liabilities and accrued dividends4 2,050 - 63 - 366 TOTAL LIABILITIES (610) 330,924 - 808 + 17,125 CAPITAL ACCOUNTS Capital paid in 2,809 - 9 + 261 Surplus , 2,652 0 + 242 Other capital accounts 513 - 3 + 10 * 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 $ 6,395 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 20 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 $ 80 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, JUNE 17, 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 212 0 WWiitthhiinn 1155 ddaayyss 13,211 + 4,008 221199 + 210 16 days to 90 days 18 0 1166 ddaayyss ttoo 9900 ddaayyss 63,588 5,518 668877 130 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 89,227 180 11,,332255 80 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 66,399 0 22,,557799 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 16,212 0 775555 0 OOvveerr 1100 yyeeaarrss 25,549 0 115544 0 Total 230 0 TToottaall 274,186 1,690 55,,771199 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 JUNE 17, 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 11,060 705 4,046 347 658 941 503 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 498 31 17 51 24 91 50 39 28 18 26 36 88 Loans 230 1 2 8 0 9 8 10 26 56 84 10 16 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 134,153 8,569 52,190 4,083 8,444 10,490 4,567 16,615 3,282 2,091 3,629 4,921 15,271 Notes 106,974 6,833 41,617 3,256 6,733 8,365 3,642 13,249 2,617 1,667 2,894 3,924 12,177 Bonds 33,059 2,112 12,861 1,006 2,081 2,585 1,125 4,094 809 515 894 1,213 3,763 Total bought outright2 274,186 17,513 106,668 8,346 17,258 21,440 9,334 33,958 6,709 4,273 7,417 10,059 31,212 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 274,186 17,513 106,668 8,346 17,258 21,440 9,334 33,958 6,709 4,273 7,417 10,059 31,212 Total loans and securities 280,136 17,879 108,894 8,528 17,618 21,896 9,537 34,677 6,875 4,418 7,656 10,279 31,880 Items in process of collection 6,097 310 838 416 196 482 631 497 158 463 394 515 1,196 Bank premises 1,026 89 140 44 35 124 57 112 29 32 53 164 147 Other assets3 28,674 1,161 8,883 1,086 1,721 1,978 2,360 3,499 704 702 1,012 2,059 3,508 Interdistrict settlement account 0 -1,323 -8,102 +2,220 +1,870 -1,141 +1,734 -1,936 +1,843 +2,018 +1,562 +1,738 -483 TOTAL ASSETS 337,509 19,563 118,112 13,011 22,766 25,331 15,176 39,495 10,246 8,019 11,366 15,717 38,708 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 $ 6,395 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 20 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 $ 80 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 17, 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 290,357 17,827 101,076 10,978 20,957 22,018 11,212 35,453 8,991 6,859 9,894 13,334 31,758 Deposits Depository institutions 22,707 1,079 3,420 1,314 1,102 2,255 2,701 2,471 884 566 866 1,281 4,768 U.S. Treasury—general account 9,858 0 9,858 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 447 5 349 6 8 9 13 17 3 4 5 11 18 Other 263 0 117 1 1 52 1 81 0 4 1 3 1 Total deposits 33,276 1,084 13,745 1,320 1,111 2,316 2,715 2,569 887 573 872 1,295 4,787 Deferred credit items 5,851 303 757 405 216 432 621 518 173 393 324 539 1,171 Other liabilities and accrued dividends1 2,050 131 766 67 125 163 80 259 49 33 60 84 234 TOTAL LIABILITIES 331,534 19,346 116,344 12,771 22,409 24,930 14,628 38,799 10,100 7,858 11,150 15,253 37,950 CAPITAL ACCOUNTS Capital paid in 2,809 98 811 114 168 190 268 326 69 78 103 225 359 Surplus 2,652 98 771 105 161 171 243 321 66 70 99 211 336 Other capital accounts 513 21 185 21 29 41 38 49 11 14 13 28 64 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 337,509 19,563 118,112 13,011 22,766 25,331 15,176 39,495 10,246 8,019 11,366 15,717 38,708 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 361,992 22,722 124,997 13,033 23,158 28,962 16,369 39,103 11,210 7,887 11,725 16,487 46,340 Less--Held by F.R. Banks 71,635 4,895 23,921 2,055 2,201 6,944 5,157 3,650 2,219 1,028 1,830 3,153 14,581 F.R. notes, net 290,357 17,827 101,076 10,978 20,957 22,018 11,212 35,453 8,991 6,859 9,894 13,334 31,758 Collateral held against F.R. notes Gold certificate account 11,060 Special drawing rights certificate account 10,018 Other eligible assets 0 U.S. govt, and agency securities 269,279 Total collateral 290,357 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