H.4.1 Factors Affecting Reserve Balances of Depository Institutions

/;ofco^ t ( 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 March 11, 1993 Millions of dollars 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 Mar 10, 1993 Mar 3, 1993 Mar 11, 1992 Mar 10, 1993 Reserve Bank credit1 2 336,193 - 1,649 + 28,190 333,296 U.S. government securities Bought outright—system account 297,661 + 241 + 33,160 297,810 Held under repurchase agreements 2,327 - 1,852 - 1,874 300 Federal agency obligations Bought outright 5,216 - 9 - 744 5,165 Held under repurchase agreements 202 - 49 + 136 107 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 6 - 42 - 6 8 Seasonal credit 19 + 1 - 9 21 Extended credit 0 0 - 2 0 Float 718 - 188 - 364 -14 Other F.R. assets 30,045 + 249 - 2,108 29,900 Gold stock 11,055 0 - 3 11,055 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,560 + 14 + 451 21,560 Total factors supplying reserve funds 376,826 - 1,635 + 26,638 373,928 Currency in circulation* 331,119 + 1,160 + 28,380 331,675 Treasury cash holdings* 512 + 42 - 218 512 Deposits, other than reserve balances, with F.R. Banks Treasury 5,395 - 622 + 149 5,242 Foreign 202 - 52 + 4 230 Service-related balances and adjustments3 6,537 + 120 + 1,867 6,537 Other 344 + 17 + 77 347 Other F.R. liabilities and capital 9,113 - 16 + 1,498 8,863 Total factors, other than reserve balances, absorbing reserve funds 353,221 + 649 + 31,757 353,404 Reserve balances with F.R. Banks* 23,605 - 2,284 - 5,119 20,524 On March 10, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 304,117 million, a change of 4- $ 745 million for the week. 1 Net of $ 5,774 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5,774 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,625 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,625 million was with foreign official and international accounts. Includes $ 150 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,028 million and adjustments of $ 509 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. *C,\r* Ck **•*£ * \U8mm 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 Mar 10, 1993 Mar 3, 1993 Mar 11, 1992 ASSETS Gold certificate account 11,055 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 524 - 3 - 92 - - Loans 28 33 17 Acceptances 0 0 0 Federal agency obligations Bought outright 5,165 - 60 - 795 Held under repurchase agreements1 107 - 38 + 5 U.S. government securities Bought outright—Bills 144,593 + 1>731 + 15,896 Notes 117,955 0 + 15,120 Bonds 3355,,226611 oo + 3,218 Total bought outright2 229977,,881100 ++ 11,,773311 + 34,234 Held under repurchase agreements1 300 - 6,830 - 3,991 Total U.S. government securities 298,110 - 5,099 + 30,243 Total loans and securities 303,410 - 5,230 + 29,436 Items in process of collection (554) 5,020 - 1,894 - 636 Bank premises 1,027 + 1 + 26 Other assets3 28,798 - 186 - 2,579 TOTAL ASSETS (554) 357,852 - 7,313 + 24,153 LIABILITIES Federal Reserve notes 311,151 + 1,144 + 27,587 Deposits Depository institutions 27,373 - 4,872 - 5,378 U.S. Treasury—general account 5,242 - 2,398 + 776 Foreign—official accounts 230 + 6 + 42 Other ((--22)) 334477 - 4 ++ 77 Total deposits ((--22)) 3333,,119922 - 7,269 4,483 Deferred availability cash items (556 ) 4,647 - 1,069 - 115 Other liabilities and accrued dividends* 2,254 - 36 + 26 TOTAL LIABILITIES (554) 351,243 - 7,231 + 23,015 CAPITAL ACCOUNTS Capital paid in 3,155 + 37 + 418 Surplus 3,054 0 + 532 Other capital accounts 400 - 119 + 189 * 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 $ 5,625 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 150 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 $ 89 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, MARCH 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 rnment Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 15 0 WWiitthhiinn 1155 ddaayyss 12,941 6,107 114488 107 16 days to 90 days 13 0 1166 ddaayyss ttoo 9900 ddaayyss 73,270 + 4,349 774488 41 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 93,411 3,341 11,,009944 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 70,753 0 22,,337799 0 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 19,628 0 776611 + 50 OOvveerr 1100 yyeeaarrss 28,108 0 114422 0 Total 28 0 TToottaall 298,110 5,099 55,,227722 98 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 MARCH 10, 19S3 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 524 26 19 23 36 103 50 39 29 23 35 39 102 Loans 28 4 0 0 0 0 0 2 2 11 7 0 3 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,165 330 2,009 157 325 404 176 640 126 80 140 189 588 Held under repurchase agreements1 107 0 107 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 144,593 9,236 56,252 4,401 9,101 11,306 4,923 17,908 3,538 2,253 3,911 5,305 16,460 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 297,810 19,022 115,858 9,065 18,745 23,287 10,139 36,884 7,287 4,641 8,056 10,925 33,901 Held under repurchase agreements1 300 0 300 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 298,110 19,022 116,158 9,065 18,745 23,287 10,139 36,884 7,287 4,641 8,056 10,925 33,901 Total loans and securities 303,410 19,356 118,274 9,222 19,070 23,691 10,314 37,525 7,415 4,733 8,203 11,115 34,492 Items in process of collection 5,574 320 692 381 188 431 665 568 200 335 345 385 1,064 Bank premises 1,027 90 138 45 36 130 57 112 30 33 51 158 147 Other assets3 28,798 1,150 9,041 1,047 1,639 2,166 2,366 3,313 678 685 960 1,795 3,956 Interdistrict settlement account 0 -2,861 -10,950 +1,922 +1,738 -183 +1,752 -3,448 +4,719 +2,667 +4,847 +2,004 -2,208 TOTAL ASSETS 358,406 19,295 124,063 13,290 23,922 27,932 16,026 40,415 13,543 8,856 14,971 16,336 39,757 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 $ 5,625 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 150 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 $ 89 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 MARCH 10, 1333 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago j St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 311,151 17,316 111,388 11,031 21,757 24,307 11,274 35,641 12,025 7,147 13,316 13,665 32,285 Deposits Depository institutions 27,373 1,282 3,867 1,541 1,450 2,496 3,370 3,136 1,135 1,167 1,014 1,768 5,149 U.S. Treasury—general account 5,242 0 5,242 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 230 5 131 5 8 10 13 16 3 4 5 10 21 Other 345 2 148 1 1 95 -1 90 0 4 2 1 2 Total deposits 33,190 1,289 9,388 1,547 1,459~ 2,600 3?382 3,242 1,138 1,175 1,021 1,778 5,171 Deferred credit items 5,202 297 628 375 169 391 650 509 152 315 316 342 1,059 Other liabilities and accrued dividends1 2,254 142 747 90 140 183 119 269 77 49 89 91 257 TOTAL LIABILITIES 351,796 19,044 122,150 13,043 23,526 27,481 15,426 39,661 13,392 8,685 14,741 15,876 38,772 CAPITAL ACCOUNTS Capital paid in 3,155 117 890 120 186 214 297 357 71 85 111 234 473 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 400 26 137 10 33 26 14 51 9 6 10 14 63 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 358,406 19,295 124,063 13,290 23,922 27,932 16,026 40,415 13,543 8,856 14,971 16,336 39,757 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 372,175 20,855 130,229 13,217 23,948 29,529 16,418 39,620 14,200 8,195 15,020 16,986 43,959 Less—Held by F.R. Banks 61,024 3,539 18,841 2,185 2,191 5,222 5,144 3,980 2,175 1,048 1,704 3,322 11,674 F.R. notes> net 311,151 17,316 111,388 11,031 21,757 24,307 11,274 35,641 12,025 7,147 13,316 13,665 32,285 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 292,078 Total collateral 311,151 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