H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•M§m^- 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 February 18, 1993 Millions of doiiars Averages of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss?? RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 17, 1993 Feb 10, 1993 Feb 19, 1992~ Feb 17, 1993 Reserve Bank credit1 2 335,081 + 2,519 + 28,229 336,738 U.S. government securities Bought outright—system account 297,127 + 1,110 + 33,494 297,025 Held under repurchase agreements 1,008 + 1,008 - 1,199 2,831 Federal agency obligations Bought outright 5,260 - 43 - 700 5,260 Held under repurchase agreements 64 + 64 - 64 150 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 14 - 1 - 42 17 Seasonal credit 19 + 2 - 3 22 Extended credit 0 0 - 2 0 Float 1,224 + 617 + 140 2,001 Other F.R. assets 30,364 - 238 - 3,394 29,433 Gold stock 11,055 0 - 3 11,055 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,567 +_ 14 + 488 21,567 Total factors supplying reserve funds 375,721 2,533 + 26,714 377,379 Currency in circulation* 330,538 + 1,959 + 27,861 331,043 Treasury cash holdings* 464 - 2 - 227 463 Oeposits> other than reserve balances, with F.R. Banks Treasury 4,791 - 600 - 1,083 4,869 Foreign 240 + 18 + 18 256 Service-related balances and adjustments3 6,196 - 400 + 1,760 6,196 Other 305 + 6 + 50 324 Other F.R. liabilities and capital 8,925 - 126 + 774 8,773 Total factors, other than reserve balances, absorbing reserve funds 351,459 + 856 + 29,153 351,923 Reserve balances with F.R. Banks^ 24,262 + 1,677 - 2,439 25,456 On February 17, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 303,503 million, a change of - $ 2,289 million for the week. 1 Net of $ 6,308 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,079 million was with foreign official and international accounts. Includes securities Ioaned-fully secured by U.S. government securities. 2 Net of $ 6,410 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,410 million was with foreign official and international accounts. Includes $ 130 million securities ioaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,022 million and adjustments of $ 174 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 ** Feb 17, 1993 1 Feb 10, 1993 Feb 19, 1992 ASSETS Gold certificate account 11,055 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 540 - 2 - 95 Loans 39 + 4 - 40 Acceptances 0 0 0 Federal agency obligations Bought outright 5,260 0 - 700 Held under repurchase agreements1 150 + 150 - 372 U.S. government securities Bought outright—Bills 143,809 + 3,094 + 13,894 Notes 117,955 - 224 + 15,752 Bonds 35,261 + 224 + 3,218 Total bought outright2 297,025 + 3,094 + 32,864 Held under repurchase agreements1 22,,883311 ff 22,,883311 - 6,638 Total U.S. government securities 229999,,885566 ++ 55,,992255 • 26,226 Total loans and securities 305,305 + 6,078 + 25,114 Items in process of collection (878) 10,475 + 5,198 - 2,356 Bank premises 1,025 0 + 27 Other assets3 28,461 •- 1,266 - 3,559 TOTAL ASSETS (878) 364,879 + 10,008 + 17,128 LIABILITIES Federal Reserve notes 310,479 + 1,507 + 27,234 Deposits Depository institutions 32,142 + 5,136 - 9,259 U.S. Treasury—general account 4,869 - 110 - 1,537 Foreign—official accounts 256 + 56 + 47 Other 324 + 33 + 116 Total deposits 37,591 + 5,114 - 10,634 Deferred availability cash items (878) 8,036 * 3,299 - 76 Other liabilities and accrued dividends* 22,,330077 9944 - 177 TOTAL LIABILITIES ((887788)) 335588,,441133 1100,,001133 + 16,348 CAPITAL ACCOUNTS Capital paid in 3,084 * 6 + 380 Surplus 3,048 + 11 + 417 1 ' Other capital accounts 334 - 22 17 * 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 $ 6,410 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 130 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, FEBRUARY 17, 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. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 38 0 WWiitthhiinn 1155 ddaayyss 1144,,665511 2,516 552233 + 488 16 days to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 6699,,664422 + 2,895 558822 338 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 9977,,553366 + 2,980 11,,001166 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7700,,229911 + 1,361 22,,443366 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 1199,,662288 + 902 771111 0 OOvveerr 1100 yyeeaarrss 2288,,110088 + 303 114422 0 Total 39 0 TToottaall 229999,,885566 + 5,925 55,,441100 + 150 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 17 ,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 540 26 19 23 38 104 53 43 30 21 37 42 104 Loans 39 9 0 9 0 0 2 1 1 8 6 0 3 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 150 0 150 0 0 0 0 0 0 0 0 0 0 U.S. government securities i Bought outright—Bills 143,809 9,185 55,946 4,377 9,052 11,245 4,896 17,811 3,519 2,241 3,890 5,276 16,371 Notes 117,955 7,534 45,888 3,590 7,424 9,223 4,016 14,609 2,886 1,838 3,191 4,327 13,427 Bonds 35,261 2,252 13,718 1,073 2,219 2,757 1,200 4,367 863 550 954 1,294 4,014 Total bought outright2 297,025 18,972 115,553 9,041 18,695 23,226 10,112 36,787 7,268 4,629 8,035 10,897 33,812 Held under repurchase agreements1 2,831 0 2,831 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 299,856 18,972 118,384 9,041 18,695 23,226 10,112 36,787 7,268 4,629 8,035 10,897 33,812 Total loans and securities 305,305 19,316 120,580 9,210 19,026 23,637 10,293 37,439 7,398 4,719 8,183 11,090 34,414 Items in process of collection 11,353 742 1,515 862 724 854 1,437 1,074 423 640 616 608 1,856 Bank premises 1,025 90 137 45 36 129 57 112 30 33 51 158 147 Other assets3 28,461 1,105 8,942 1,023 1,607 2,105 2,324 3,216 642 669 1,213 1,756 3,858 Interdistrict settlement account 0 -2,274 -13,037 +2,454 +1,351 +411 +1,703 -3,412 +5,170 +2,753 +4,618 +2,910 -2,647 TOTAL ASSETS 365,756 20,221 125,005 14,266 23,997 28,834 16,688 40,779 14,164 9,216 15,247 17,404 39,935 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 $ 6,410 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 130 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 17, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 310,479 17,530 110,021 11,027 21,632 24,585 11,472 35,192 12,463 7,218 13,213 13,807 32,319 Deposits Depository institutions 32,142 1,789 5,984 2,164 1,480 2,789 3,476 3,594 1,182 1,184 1,179 2,572 4,751 U.S. Treasury—general account 4,869 0 4,869 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 256 5 157 5 8 10 13 16 3 4 5 10 21 Other 324 1 144 7 2 69 5 81 0 4 5 1 4 Total deposits 37,591 1,795 11,155 2,176 1,491 2,867 3,494 3,69l 1,185 f,19l" 1,189 2,582 4,775 Deferred credit items 8,914 507 1,141 728 349 754 1,028 870 291 590 526 489 1,641 Other liabilities and accrued dividends1 2,307 142 775 90 145 185 119 275 78 50 92 90 264 TOTAL LIABILITIES 359,291 19,973 123,092 14,021 23,618 28,391 16,114 40,028 14,017" 9,050 15,019 16,968 38,999 CAPITAL ACCOUNTS Capital paid in 3,084 116 890 117 181 211 290 355 70 81 110 212 450 Surplus 3,048 108 885 117 176 210 284 346 70 80 109 212 450 Other capital accounts 334 24 138 10 22 22 0 49 77 55 1100 1111 35 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 365,756 20,221 125,005 14,266 23,997 28,834 16,688 40,779 14,164 9,216 15,247 17,404 39,935 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 369,273 20,934 127,484 13,176 23,936 29,652 16,301 39,142 14,370 8,173 14,998 16,932 44,174 Less—Held by F.R. Banks 58,795 3,404 17,463 2,149 2,304 5,067 4,829 3,950 1,907 955 1,786 3,125 11,855 F.R. notes, net 310,479 17,530 110,021 11,027 21,632 24,585 11,472 35,192 12,463 7,218 13,213 13,807 32,319 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 291,405 Total collateral 310,479 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