H.4.1 Factors Affecting Reserve Balances of Depository Institutions

;plCOyAv 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 25, 1993 Millions of dollars Averages o f daily fiL gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Heek ended Change froiri week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 24, 1993 ~FeIT1 7, 1993 "Feb 26, 1992 Feb 24, 1993 Reserve Bank credit1 2 333,566 - 1,425 + 29,272 335,259 U.S. government securities Bought outright--system account 298,136 + 1,009 + 33,148 299,778 Held under repurchase agreements 0 - 1,008 0 0 Federal agency obligations Bought outright 5,260 0 - 700 5,260 Held under repurchase agreements 0 - 64 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 24 + 10 - 18 27 Seasonal credit 22 + 2 0 22 Extended credit 0 0 - 3 0 Float 1,000 - 138 + 413 931 Other F.R. assets 29,123 - 1,236 - 3,569 29,241 Gold stock 11,055 0 - 3 11,055 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,532 + 14 + 442 21,532 Total factors supplying reserve funds 374,170 - 1,411 _ 27,711 375,864 Currency in circulation* 330,230 - 258 + 28,217 329,937 Treasury cash holdings* 463 - 1 - 230 463 Deposits, other than reserve balances, with F.R. Banks Treasury 4,967 + 175 - 173 4,973 Foreign 237 - 3 + 31 232 Service-related balances and adjustments3 6,184 - 12 + 1,623 6,184 Other 306 + 1 + 82 282 Other F.R. liabilities and capital 8,928 + 3 + 632 8,817 Total factors, other than reserve balances, absorbing reserve funds 351,315 - 95 + 30,181 350,888 Reserve balances with F.R. Banks^ 22,855 - 1,316 - 2,470 24,976 On February 24, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 301,356 million, a change of - $ 2,147 million for the week. 1 Net of $ 5,299 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,299 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. government securities. 2 Net of $ 3,657 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 3,657 million was with foreign official and international accounts. Includes $ 393 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,009 million and adjustments of $ 175 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 ot dollars Change since ** WWeeddnneessddaayy Wednesday Wednesday Feb 24, 1993 Feb 17, 1993 Feb 26, 1992 ASSETS Gold certificate account 11,055 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 531 - 10 - 98 Loans 49 + 10 - 11 Acceptances 0 0 0 Federal agency obligations Bought outright 5,260 0 - 700 Held under repurchase agreements 0 - 150 0 U.S. government securities Bought outright—Bills 146,562 + 2,753 + 16,528 Notes 117,955 0 + 15,120 Bonds 3355,,226611 00 + 3,218 Total bought outright*- 229999,,777788 ++ 22,,775533 + 34,866 Held under repurchase agreements* 0 - 2,831 0 Total U.S. government securities 229999,,777788 - 78 ++ 34,866 Total loans and securities 330055,,008877 - 218 ++ 34,155 Items in process of collection (587) 5,131 _ 5,344 + 152 Bank premises 1,026 + 1 + 27 Other assets3 2288,,223300 223311 - 3,697 TOTAL ASSETS ((558877)) 335599,,007777 ~~ 55,,880011 + 28,536 LIABILITIES Federal Reserve notes 309,399 - 1,079 + 27,431 Deposits Depository institutions 30,916 - 1,226 + 535 U.S. Treasury—general account 4,973 + 103 - 130 Foreign—official accounts 232 - 24 + 26 Other 282 - 42 + 26 Total deposits 36,403 - 1,188 + 456 Deferred availability cash items (587) 4,458 - 3,578 - 47 Other liabilities and accrued dividends4 2,304 - 3 - 65 TOTAL LIABILITIES (587) 352,565 - 5,848 + 27,775 CAPITAL ACCOUNTS Capital paid in 3,110 + 26 + 378 Surplus 3,054 + 6 + 406 Other capital accounts 349 + 15 - 23 * 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 $ 2,635 million was outstanding at the end of the latest statement week. 2 Net of $ 3,657 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 393 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 $ 88 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 24, 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 Weekly Weekly Holdings Holdings changes changes Within 15 days 48 0 WWiitthhiinn 1155 ddaayyss 17,416 + 2,765 448833 40 16 days to 90 days 1 0 1166 ddaayyss ttoo 9900 ddaayyss 66,774 2,868 551133 69 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 97,561 + 25 997755 41 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 70,291 0 22,,443366 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 19,628 0 771111 0 OOvveerr 1100 yyeeaarrss 28,108 0 114422 0 Total 49 0 TToottaall 299,778 78 55,,226600 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 24, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,055 705 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 531 25 19 23 36 103 51 41 29 22 36 42 103 Loans 49 10 0 15 0 0 2 1 2 8 5 0 7 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 146,562 9,361 57,017 4,461 9,225 11,460 4,990 18,152 3,586 2,284 3,965 5,377 16,684 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 299,778 19,148 116,624 9,124 18,869 23,441 10,206 37,128 7,335 4,672 8,109 10,998 34,125 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 299,778 19,148 116,624 9,124 18,869 23,441 10,206 37,128 7,335 4,672 8,109 10,998 34,125 Total loans and securities 305,087 19,493 118,670 9,299 19,200 23,852 10,386 37,780 7,465 4,762 8,257 11,191 34,732 Items in process of collection 5,718 327 716 391 258 407 669 523 220 385 432 362 1,026 Bank premises 1,026 90 137 45 36 130 57 112 30 33 51 158 147 Other assets3 28,230 1,121 8,859 1,031 1,608 2,125 2,331 3,249 646 674 940 1,766 3,878 Interdistrict settlement account 0 -2,282 -10,707 +2,172 +1,996 +5 +1,523 -3,462 +4,853 +2,114 +4,684 +1,868 -2,764 TOTAL ASSETS 359,665 19,990 124,544 13,612 24,348 28,216 15,839 40,549 13,716 8,371 14,928 16,227 39,325 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 $ 2,635 million was outstanding at the end of the latest statement week. 2 Net of $ 3,657 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 393 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 $ 88 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 24, 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 309,399 17,344 110,931 10,970 21,639 24,396 10,832 35,313 12,227 7,151 13,166 13,645 31,786 Deposits Depository institutions 30,916 1,939 5,054 1,923 2,010 2,771 3,660 3,622 1,083 680 1,123 1,717 5,335 U.S. Treasury—general account 4,973 0 4,973 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 232 5 133 5 8 10 13 16 3 4 5 10 21 Other 282 1 141 2 2 36 1 91 0 4 2 1 2 Total deposits 36,403 1,945 10,301 1,930 2,020 2,816 3,675 3,729 1,087 687 1,129 1,727 5,358 Deferred credit items 5,046 309 635 376 163 371 625 482 173 316 313 325 957 Other liabilities and accrued dividends1 2,304 141 770 91 145 186 121 275 81 50 92 90 262 TOTAL LIABILITIES 353,152 19,739 122,637 13,366 23,967 27,769 15,253 39,799 13,569 8,204 14,700 15,787 38,363 CAPITAL ACCOUNTS Capital paid in 3,110 116 890 117 182 211 290 356 70 81 110 213 472 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 349 28 131 11 24 26 5_ 48 7_ 6_ 9^ 14 40 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 359,665 19,990 124,544 13,612 24,348 28,216 15,839 40,549 13,716 8,371 14,928 16,227 39,325 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 370,402 20,872 129,028 13,201 24,003 29,644 16,020 39,282 14,326 8,143 14,991 16,961 43,932 Less—Held by F.R. Banks 61,003 3,528 18,096 2,231 2,365 5,249 5,188 3,969 2,099 992 1,825 3,316 12,146 F.R. notes, net 309,399 17,344 110,931 10,970 21,639 24,396 10,832 35,313 12,227 7,151 13,166 13,645 31,786 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 290,326 Total collateral 309,399 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