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. ^L REC^;. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks February 11, 1993 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change from week ended Hednesday FF..RR.. BBaannkkss?? RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 10, 1993 Feb 3, 1993 Feb •L 2, 1992 Feb 10, 1993 Reserve Bank credit1 2 332,562 - 3,784 + 29,809 330,337 U.S. government securities Bought outright—system account 296,017 - 1,204 + 33,931 293,932 Held under repurchase agreements 0 - 2,863 0 0 Federal agency obligations Bought outright 5,302 - 7 - 657 5,260 Held under repurchase agreements 0 - 72 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 15 - 14 - 20 16 Seasonal credit 17 + 6 - 4 19 Extended credit 0 - 2 - 1 0 Float 607 + 603 - 67 296 Other F.R. assets 30,602 - 231 - 3,374 30,815 Gold stock 11,055 0 - 3 11,055 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,553 + 14 + 483 21,553 Total factors supplying reserve funds 373,188 - 3,770 + 28,289 370,963 Currency in circulation* 328,579 + 1,602 + 27,204 329,517 Treasury cash holdings* 466 - 36 - 219 466 Deposits? other than reserve balances, with F.R. Banks Treasury 5,391 - 6,055 - 1,193 4,980 Foreign 222 - 33 0 200 Service-related balances and adjustments3 6,595 + 587 + 2,064 6,596 Other 298 + 14 + 54 291 Other F.R. liabilities and capital 9,050 - 26 + 1,319 8,683 Total factors, other than reserve balances, absorbing reserve funds 350,603 - 3,946 + 29>229 350,733 Reserve balances with F.R. Banks4 22,585 + 176 - 940 20,230 On February 10, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 305,792 million, a change of + $ 4,415 million for the week 1 Net of $ 7,418 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,660 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 9,503 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,744 million was with foreign official and international accounts. Includes $ 145 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,024 million and adjustments of $ 571 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 Nednesday Nednesday Nednesday Feb 10, 1993 Feb 3, 1993 Feb 12, 1992 ASSETS Gold certificate account 11,055 0 3 Special drawing rights certificate account 8,018 0 2,000 Coin 542 15 91 Loans 35 58 20 Acceptances 0 0 0 Federal agency obligations Bought outright 5,260 50 700 Held under repurchase agreements1 0 0 0 U.S. government securities Bought outright—Bills 140,715 3,889 11,897 Notes 118,179 0 16,659 Bonds 35,037 0 2,706 Total bought outright2 293,932 3,889 31,262 Held under repurchase agreements1 0 5,838 0 Total U.S. government securities 293,932 9,727 31,262 Total loans and securities 299,226 9,835 30,542 Items in process of collection (606) 5,277 519 1,017 Bank premises 1,025 4 30 Other assets3 29,727 268 3,378 TOTAL ASSETS (606) 354,870 10,611 24,082 LIABILITIES Federal Reserve notes 308,972 1,809 + 26,504 Deposits Depository institutions 27,007 9,035 2,203 U.S. Treasury—general account 4,980 2,305 854 Foreign—official accounts 200 84 24 Other 291 11 + 41 Total deposits 32 .477 11,435 3,040 Deferred availability cash items (606) 4 ,738 715 234 Other liabilities and accrued dividends4 2 ,213 41 113 z TOTAL LIABILITIES (606) 348,400 10,382 + 23,117 CAPITAL ACCOUNTS Capital paid in 3,078 3 376 Surplus 3,037 10 441 Other capital accounts 356 243 149 * 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 $ 9,503 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 145 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. I 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, FEBRUARY 10, 1993 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 Heekly Heekly Holdings Holdings changes changes Hithin 15 days 28 0 HHiitthhiinn 1155 ddaayyss 17,168 8,288 35 40 16 days to 90 days 7 0 1166 ddaayyss ttoo 9900 ddaayyss 66,747 + 2,155 920 35 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 94,556 3,593 1,016 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 68,930 0 2,436 + 10 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 18,726 0 711 + 15 OOvveerr 1100 yyeeaarrss 27,805 0 142 0 Total 35 0 TToottaall 293,932 9,727 5,260 50 _...,£_ 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 FEBRUARY 10, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,055 705 4,041 347 658 941 503 1,270 304 195 329 463 1,299 Special drawing rights certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 542 27 18 23 37 108 55 43 28 22 38 39 104 Loans 35 7 0 2 0 2 0 2 2 9 3 0 8 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,260 336 2,046 160 331 411 179 651 129 82 142 193 599 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 140,715 8,988 54,743 4,283 8,857 11,003 4,791 17,428 3,443 2,193 3,807 5,162 16,018 Notes 118,179 7,548 45,976 3,597 7,438 9,241 4,023 14,637 2,892 1,842 3,197 4,335 13,453 Bonds 35,037 2,238 13,631 1,066 2,205 2,740 1,193 4,339 857 546 948 1,285 3,988 Total bought outright2 293,932 18,774 114,349 8,947 18,501 22,984 10,007 36,404 7,192 4,581 7,951 10,783 33,460 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 293,932 18,774 114,349 8,947 18,501 22,984 10,007 36,404 7,192 4,581 7,951 10,783 33,460 Total loans and securities 299,226 19,117 116,395 9,109 18,832 23,397 10,186 37,057 7,323 4,672 8,097 10,976 34,067 Items in process of collection 5,883 315 816 482 242 412 671 519 198 333 445 381 1,070 Bank premises 1,025 90 137 45 36 129 57 112 30 33 51 158 147 Other assets3 29,727 1,219 9,435 1,078 1,722 2,242 2,382 3,426 680 698 982 1,820 4,044 Interdistrict settlement account 0 -2,371 -12,214 +1,818 •1,711 +27 +2,279 -4,010 +5,242 +2,290 +4,758 +2,140 -1,670 TOTAL ASSETS 355,477 19,612 121,436 13,204 23,794 27,908 16,451 39,453 13,973 8,428 14,899 16,355 39,964 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 $ 9,503 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 145 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 FEBRUARY 10, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 308,972 17,584 108,830 10,933 21,331 24,509 11,570 35,117 12,422 7,209 13,258 13,797 32,411 Deposits Depository institutions 27,007 1,328 4,019 1,500 1,760 2,315 3,569 2,751 1,170 678 940 1,676 5,301 U.S. Treasury--generaI account 4,980 0 4,980 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 200 5 101 5 8 10 13 16 3 4 5 10 21 Other 291 1 123 1 1 71 1 82 0 4 4 2 2 Total deposits 32,477 1,334 9,223 1,506 1,769 2,396 3,583 2,848 1,174 685 949 1,688 5,324 Deferred credit items 5,344 315 721 431 173 382 617 471 156 320 375 345 1,037 Other liabilities and accrued dividends1 __ 2> 2i5 138 738 90 138 176 117 266 74 48 90 87 253 TOTAL LIABILITIES 349,006 19,371 119,512 12,960 23,412 27,463 15,888 38,702 13,825 8,262 14,671 15,916 39,025 CAPITAL ACCOUNTS Capital paid in 3,078 112 890 117 181 211 290 355 70 81 110 212 450 Surplus 3,037 108 885 117 176 210 273 346 70 80 109 212 450 Other capital accounts 356 21 150 9_ 25 25 0 50 8 6 9^ 14 39 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 355,477 19,612 121,436 13,204 23,794 27,908 16,451 39,453 13,973 8,428 14,899 16,355 39,964 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 368,277 20,990 126,274 13,132 23,739 29,663 16,564 38,991 14,388 8,192 15,026 16,971 44,346 Less—Held by F.R. Banks 59,305 3,405 17,444 2,199 2,408 5,154 4,993 3,874 1,966 983 1,768 3,174 11,935 F.R. notes, net 308,972 17,584 108,830 10,933 21,331 24,509 11,570 35,117 12,422 7,209 13,258 13,797 32,411 Collateral held against F.R. notes Gold certificate account 11,055 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 289,899 Total collateral 308,972 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