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. *vu Re' H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks April 1, 1993 Millions of dollars Averac es of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiiffuuttiioonnss aatt Heek ended Change from week ended Nednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Mar 31, 1993 Mar 24, 1993 Apr 1, 1992 Mar 31, 1993 Reserve Bank credit1 2 339,667 + 2,907 + 30,952 343,525 U.S. government securities Bought outright—system account 299,897 - 190 + 33,630 298,461 Held under repurchase agreements 2,213 + 2,213 - 950 6,756 Federal agency obligations Bought outright 5,123 - 41 - 829 5,123 Held under repurchase agreements 164 + 164 + 157 567 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 120 + 107 - 2 720 Seasonal credit 32 0 - 5 32 Extended credit 0 0 - 1 0 Float 1,018 + 243 + 691 380 Other F.R. assets 31,100 + 411 - 1,739 31,484 Gold stock 11,054 0 - 3 11,054 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,602 + 14 + 463 21,602 Total factors supplying reserve funds 380,341 + 2,921 + 29,412 384,199 Currency in circulation* 332,192 + 130 + 29,253 332,846 Treasury cash holdings* 512 0 - 198 515 Deposits, other than reserve balances, with F.R. Banks Treasury 5,243 + 217 + 59 6,752 Foreign 370 + 132 + 129 318 Service-related balances and adjustments3 6,905 + 608 + 2,296 6,904 Other 362 + 29 + 78 314 Other F.R. liabilities and capital 9,069 + 5 + 992 8,844 Total factors, other than reserve balances. absorbing reserve funds 354,654 + 1,122 + 32,608 356,493 Reserve balances with F.R. Banks4 25,687 + 1,799 - 3,196 27,706 On March 31, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 304,825 million, a change of + $ 2,208 million for the week. 1 Net of $ 6,679 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,679 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 8,114 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 8,114 million was with foreign official and international accounts. Includes $ 300 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,911 million and adjustments of $ 994 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. M* 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 31, 1993 Mar 24, 1993 Apr 1, 1992 ASSETS Gold certificate account 11,054 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 503 - 13 - 94 Loans 753 • 709 + 75 Acceptances 0 0 0 Federal agency obligations Bought outright 5,123 - 41 - 787 Held under repurchase agreements1 567 • 567 + 518 U.S. government securities Bought outright—Bills 142,104 - 979 • 11,959 Notes 120,211 0 • 15,951 Bonds 36,146 0 + 4,102 Total bought outright2 298,461 - 979 + 32,012 Held under repurchase agreements1 6,756 + 6,756 + 3,039 Total U.S. government securities 305,217 • 5,777 + 35,051 Total loans and securities 311,660 • 7,012 + 34,858 - _ Items in process of collection (r>63) 5,338 1,810 1,156 Bank premises 1,031 + 1 + 22 Other assets3 3300,,441199 + 674 - 1,329 TOTAL ASSETS ((556633)) 336688,,002244 • 5,864 + 30,297 LIABILITIES Federal Reserve notes 312,263 + 773 + 28,529 Deposits Depository institutions 34,533 + 3,252 - 3,103 U.S. Treasury—general account 6,752 + 1,535 + 4,221 Foreign—official accounts 318 + 30 + 76 Other 331144 - 14 0 Total deposits 4411,,991177 + 4,803 •• 1,194 Deferred availability cash items (563) 5,001 + 396 - 521 Other liabilities and accrued dividends4 22,,225511 - 17 ++ 49 TOTAL LIABILITIES ((556633)) 336611,,443300 • 5,954 ++ 29,251 CAPITAL ACCOUNTS Capital paid in 3,187 + 9 • 441 Surplus 3,054 0 • 456 Other capital accounts 353 - 100 • 148 * 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 $ 8,114 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 300 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 $ 91 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 31, 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 Meekly Weekly Holdings Holdings changes changes Hithin 15 days 741 0 WWiitthhiinn 1155 ddaayyss 1177,,888899 + 4,149 855 + 584 16 days to 90 days 12 0 1166 ddaayyss ttoo 9900 ddaayyss 6677,,003377 723 507 36 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 9999,,888800 + 3,290 1,057 12 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7711,,225555 939 2,419 10 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2200,,334444 0 711 0 OOvveerr 1100 yyeeaarrss 2288,,881133 0 142 0 Total 753 0 TToottaall 330055,,221177 + 5,777 5,690 + 526 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 31, 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 312,263 17,126 112,558 11,304 21,412 24,450 11,344 35,608 11,789 7,306 13,296 13,654 32,415 Deposits Depository institutions 34,533 1,398 9,424 1,879 1,503 2,325 3,290 3,589 893 644 1,360 2,153 6,074 U.S. Treasury—general account 6,752 0 6,752 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 318 5 219 5 8 10 13 16 3 4 5 10 21 Other 314 1 136 2 1 66 2 92 1 4 5 1 3 Total deposits 41,917 1,404 16,531 1,887 1,512 2,400 3,306 3,697 897 651 1,370 2,164 6,098 Deferred credit items 5,564 330 700 329 207 422 658 524 190 355 347 367 1,135 Other liabilities and accrued dividends1 2,251 137 754 88 140 175 118 266 88 51 89 89 257 TOTAL LIABILITIES 361,993 18,996 130,543 13,607 23,271 27,448 15,425 40,095 12,964 8,363 15,102 16,274 39,904 CAPITAL ACCOUNTS Capital paid in 3,187 117 895 120 186 216 297 358 72 85 118 248 476 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 353 32 107 6_ 26 22 11 38 6 6_ 6^ 40 51 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 368,587 19,253 132,431 13,851 23,660 27,895 16,022 40,837 13,112 8,535 15,335 16,774 40,882 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 373,886 20,629 131,661 13,436 23,614 29,674 16,551 40,216 14,019 8,392 14,985 16,993 43,715 Less—Held by F.R. Banks 61,624 3,504 19,102 2,132 2,202 5,224 5,207 4,608 2,230 1,086 1,688 3,339 11,301 F.R. notes, net 312,263 17,126 112,558 11,304 21,412 24,450 11,344 35,608 11,789 7,306 13,296 13,654 32,415 Collateral held against F.R. notes Gold certificate account 11,054 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 293,190 Total collateral 312,263 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

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MARCH 31, 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 11,054 705 4,040 347 658 941 503 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 503 26 17 23 35 103 48 38 25 23 33 35 98 Loans 753 2 0 65 0 647 6 5 4 14 7 0 2 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,123 327 1,993 156 322 401 174 635 125 80 139 188 583 Held under repurchase agreements1 567 0 567 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 142,104 9,077 55,283 4,325 8,944 11,112 4,838 17,600 3,477 2,215 3,844 5,213 16,177 Notes 120,211 7,678 46,766 3,659 7,566 9,400 4,092 14,888 2,941 1,873 3,252 4,410 13,684 Bonds 36,146 2,309 14,062 1,100 2,275 2,826 1,231 4,477 884 563 978 1,326 4,115 Total bought outright2 298,461 19,063 116,111 9,084 18,786 23,338 10,161 36,965 7,303 4,651 8,074 10,949 33,976 Held under repurchase agreements1 6,756 0 6,756 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 305,217 19,063 122,868 9,084 18,786 23,338 10,161 36,965 7,303 4,651 8,074 10,949 33,976 Total loans and securities 311,660 19,393 125,428 9,306 19,108 24,386 10,341 37,604 7,432 4,746 8,219 11,137 34,561 Items in process of collection 5,901 328 737 368 233 451 598 615 220 354 404 410 1,182 Bank premises 1,031 90 138 45 36 132 58 112 30 33 51 158 147 Other assets3 30,419 1,198 10,182 1,071 1,695 2,232 2,397 3,415 678 699 977 1,823 4,051 Interdistrict settlement account 0_^ -2,998 -10,919 +2,388 +1,338 -1,003 •1,760 -3,253 +4,254 +2,299 +5,122 +2,371 -1,361 TOTAL ASSETS 368,587 19^253 132,431 13,851 23,660 27,895 16,022 40,837 13,112 8,535 15,335 16,774 40,882 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 $ 8,114 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 300 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 $ 91 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