H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Vtovcow 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 18, 1993 Millions of dollars Averages o f daily fig ures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Neek ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Mar 17, 1993 Mar 10, 1993 Mar 18, 1992 Mar 17, 1993 Reserve Bank credit1 2 337,952 + 1,759 + 27,732 333,981 U.S. government securities Bought outright—system account 298,672 + 1,012 + 34,030 297,015 Held under repurchase agreements 1,628 - 699 - 4,695 50 Federal agency obligations Bought outright 5,165 - 51 - 795 5,165 Held under repurchase agreements 37 - 166 - 169 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 137 + 132 + 60 894 Seasonal credit 25 + 6 - 5 29 Extended credit 0 0 - 2 0 Float 2,237 + 1,520 + 1,804 771 Other F.R. assets 30,051 + 6 - 2,495 30,058 Gold stock 11,055 0 - 3 11,055 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,574 + 14 + 455 21,574 Total factors supplying reserve funds 378,599 + 1,773 + 26,184 374,627 Currency in circulation* 331,910 + 791 + 28,621 332,139 Treasury cash holdings* 512 0 - 191 512 Deposits, other than reserve balances, with F.R. Banks Treasury 5,563 + 168 - 343 6,930 Foreign 375 + 173 + 143 707 Service-related balances and adjustments3 6,307 - 230 + 1,810 6,307 Other 344 0 + 56 352 Other F.R. liabilities and capital 9,093 - 20 + 1,095 8,922 Total factors, other than reserve balances, absorbing reserve funds 354,103 + 882 + 31,190 355,870 Reserve balances with F.R. Banks* 24,495 + 891 - 5,006 18,758 On March 17, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 301,803 million, a change of - $ 2,314 million for the week. 1 Net of $ 4,763 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 4,763 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,420 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,420 million was with foreign official and international accounts. Includes $ 376 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,029 million and adjustments of $ 278 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 Mar 17, 1993 Mar 10, 1993 Mar 18, 1992 ASSETS Gold certificate account 11,055 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 519 - 5 - 97 Loans 922 + 894 + 463 Acceptances 0 0 0 Federal agency obligations Bought outright 5,165 0 - 795 Held under repurchase agreements1 0 - 107 - 294 U.S. government securities Bought outright--Bills 143,799 - 795 + 14,058 Notes 117,955 0 + 14,495 Bonds 3355,,226611 00 + 3,218 Total bought out right "• 229977,,001155 ~~ZZ 779955 + 31,771 Held under repurchase agreements1 50 - 250 - 6,806 Total U.S. government securities 229977,,006655 - 1,045 ++ 24,965 Total loans and securities 330033,,115522 - 258 ++ 24,339 Items in process of collection (515) 6,129 • 1,109 + 709 Bank premises 1,029 + 2 + 22 Other assets3 2288,,996622 ++ 116644 - 2,845 TOTAL ASSETS ((551155)) 335588,,886644 ++ 11,,001122 + 20,126 LIABILITIES Federal Reserve notes 311,596 + 445 + 28,125 Deposits Depository institutions 25,587 - 1,786 - 11,648 U.S. Treasury—general account 6,930 + 1,688 + 2,397 Foreign--official accounts 707 + 478 + 449 Other 352 + 6 + 53 Total deposits 33,577 + 385 - 8,748 Deferred availability cash items (515) 4,769 + 122 - 180 Other liabilities and accrued dividends* 22,,330033 + 49 - 9 TOTAL LIABILITIES ((551155)) 335522,,224455 + 1,002 • 19,188 CAPITAL ACCOUNTS Capital paid in 3,159 + 4 + 421 Surplus 3,054 0 + 480 Other capital accounts 406 + 5 + 38 * 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 $ 6,420 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 376 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 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. gove rnmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 920 0 WWiitthhiinn 1155 ddaayyss 11,416 1,525 271 + 123 16 days to 90 days 3 0 1166 ddaayyss ttoo 9900 ddaayyss 70,650 2,620 543 205 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 96,511 + 3,100 1,069 25 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 70,753 0 2,429 + 50 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 19,628 0 711 50 OOvveerr 1100 yyeeaarrss 28,108 0 142 0 Total 922 0 TToottaall 297,065 1,045 5,165 107 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 17, 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 519 27 18 23 35 104 49 38 29 23 35 38 101 Loans 922 6 150 30 0 0 0 686 2 14 7 0 28 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 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 143,799 9,185 55,942 4,377 9,051 11,244 4,895 17,810 3,518 2,241 3,890 5,275 16,369 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 297,015 18,971 115,549 9,040 18,695 23,225 10,112 36,785 7,267 4,629 8,035 10,896 33,811 Held under repurchase agreements1 50 0 50 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 297,065 18,971 115,599 9,040 18,695 23,225 10,112 36,785 7,267 4,629 8,035 10,896 33,811 Total loans and securities 303,152 19,307 117,758 9,227 19,020 23,629 10,287 38,111 7,396 4,723 8,181 11,086 34,427 Items in process of collection 6,644 365 784 446 301 571 931 687 258 361 418 382 1,140 Bank premises 1,029 90 138 45 36 132 57 112 30 33 51 158 147 Other assets3 28,962 1,159 9,115 1,053 1,655 2,184 2,372 3,339 663 687 962 1,801 3,973 Interdistrict settlement account 0 -2,954 -8,019 +2,058 +1,636 -787 +580 -3,855 +4,696 +2,635 +4,886 +2,279 -3,155 TOTAL ASSETS 359,378 19,209 126,643 13,502 23,896 27,425 15,098 40,738 13,544 8,842 15,060 16,584 38,837 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 $ 6,420 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 376 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 17, 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 311,596 17,208 112,019 11,170 21,654 24,196 11,065 35,768 11,976 7,185 13,302 13,651 32,401 Deposits Depository institutions 25,587 1,312 3,576 1,688 1,482 2,097 2,656 3,305 1,171 1,074 1,094 2,036 4,099 U.S. Treasury—general account 6,930 0 6,930 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 707 5 609 5 8 10 13 16 3 4 5 10 21 Other 352 1 155 1 2 93 2 90 1 4 2 1 2 Total deposits 33,577 1,318 11,270 1,694 1,492 2,199 2,671 3,410 1,174 1,081 1,100 2,046 4,121 Deferred credit items 5,284 285 679 297 214 391 638 530 166 350 339 323 1,070 Other liabilities and accrued dividends1 2,303 147 766 89 144 187 120 274 77 50 89 92 267 TOTAL LIABILITIES 352,759 18,957 124,734 13,251 23,503 26,973 14,494 39,983 13,394 8,667 14,831 16,112 37,859 CAPITAL ACCOUNTS Capital paid in 3,159 117 893 120 186 216 297 357 71 85 111 234 473 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 406 27 132 15 30 26 18 52 8^ 10 10 26 55 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 359,378 19,209 126,643 13,502 23,896 27,425 15,098 40,738 13,544 8,842 15,060 16,584 38,837 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 372,940 20,776 130,999 13,311 23,886 29,532 16,163 39,932 14,152 8,282 15,032 16,948 43,927 Less—Held by F.R. Banks 61,344 3,568 18,979 2,141 2,232 5,336 5,098 4,164 2,175 1,096 1,731 3,297 11,526 F.R. notes, net 311,596 17,208 112,019 11,170 21,654 24,196 11,065 35,768 11,976 7,185 13,302 13,651 32,401 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 292,524 Total collateral 311,596 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