H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•\o°^2i^ FEDERAL RESERVE These data are scheduled for release each Thursday. The exact time of each release will be announced, when •f^pSf.-' 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 April 22, 1993 Millions of dollars Averac es o f daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Meek ended Change from week ended Nednesday FF..RR.. BBaannkkss>> RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Apr 21, 1993 Apr 14, 1993 Apr 22, 1992 Apr 21, 1993 Reserve Bank credit1 2 347,094 + 2,141 + 41,773 347,350 U.S. government securities Bought outright—system account 305,346 + 5,221 + 38,973 305,525 Held under repurchase agreements 3,920 - 2,822 + 3,920 3,920 Federal agency obligations Bought outright 5,095 - 16 - 815 5,095 Held under repurchase agreements 0 - 73 0 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 38 • 33 - 16 9 Seasonal credit 41 + 9 - 5 43 Extended credit 0 0 - 3 0 Float 279 - 1,060 - 1,789 237 Other F.R. assets 32,374 • 849 + 1,507 32,520 Gold stock 11,054 0 - 3 11,054 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,620 + 14 + 459 21,620 Total factors supplying reserve funds 387,786 +~ 2,155 + 40,229 388,042 Currency in circulation* 336,097 • 122 + 29,904 335,623 Treasury cash holdings* 517 + 2 - 193 513 Deposits, other than reserve balances, with F.R. Banks Treasury 8,135 + 2,787 + 2,956 13,052 Foreign 246 • 16 + 73 198 Service-related balances and adjustments3 6,226 - 309 + 5,982 6,226 Other 322 + 11 • 76 311 Other F.R. liabilities and capital 9,172 • 10 + 889 9,052 Total factors, other than reserve balances, absorbing reserve funds 360,714 + 2,639 + 39,689 364,975 Reserve balances with F.R. Banks4 27,072 - 484 + 540 23,067 On April 21, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 312,480 million, a change of 4- S 1,048 million for the week. 1 Net of $ 6,316 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,316 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 6,161 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,161 million was with foreign official and international accounts Includes $ 142 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5.886 million and adjustments of $ 340 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 PI fe il 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 RLSERVE BANKS Millions of dollars Change since Wednesday Wednesday Wednesday Apr 21, 1993 Apr 14, 1993 Apr 22, 1992 ASSETS Gold certificate account Li,054 3 Special drawing rights certificate account 8>0IG 2,000 Coin 497 74 Loans 52 7 49 Acceptances 0 0 Federal agency obligations Bought outright 5,095 0 815 Held under repurchase agreements1 0 57 0 U.S. government securities Bought outright—Bills 144,17a 1,940 14,883 Notes 123,936 3,725 19,676 Bonds 37,411 1,265 5,367 Total bought outright2 305 ,525 * 3 ,050 39,927 Held under repurchase agreements1 3 , 920 .:__ _4 _,6 06 3,920 Total U,S. government securities 30~9~ ,_44f> ,556 43,847 Total loans and securities 314,592 1,606 42,983 Items in process of collection C6S3) 5,646 528 167 Bank premises 1,035 2 21 Other assets*7 31_>455 606 1,383 TOTAL ASSETS 1653) "372 ,'298 1,530 42,148 LIABILITIES Federal Reserve notes 315,014 944 28,771 Deposits Depository institutions 29,442 „ 8,289 * 4,083 U.S. Treasury—general account 13,052 + 8,260 8,216 •*• Foreign—official accounts 198 - 391 + 39 Other ( 10) _ _ j yj - 41 + 119 Total deposits i 10 j " "43,004 - 462 •f 12,458 D<aferr&d availability cash items (643) 5,22 9 _ 77 + 27 Other liabilities and accrued dividends* Z-. 88 * 158 TOTAL LIABILITIES (653) 365,460 "1,570 41,413 CAPITAL ACCOUNTS Capital paid in 3,257 475 Surplus 3,054 0 402 Other capital accounts 527 34 141 * 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 $ 6,161 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 142 million securities loaned—fully secured by U.S. government secuities. 3 includes assets denominated in foreign currencies, revalued monthly at market exchange r^ies. Includes special investment account at Chicago of $ 77 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rales of foreign exchange commitments. Components may not add to totals due to rounding. MATURITY DISTRIBU": ION OF LOANS AND SECURITIES, APRIL 21, 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 rrtmen t Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Hithin 15 days 47 0 WWiitthhiinn 1155 ddaayyss 1199,,228877 11,,776611 114433 + 58 16 days to 90 days 4 0 1166 ddaayyss ttoo 9900 ddaayyss 6688,,005588 44,,775511 559944 115 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 9977,,008822 ++ 335500 11,,117755 + 4 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7733,,662244 ++ 22,,336699 22,,333300 4 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2211,,447711 ++ 11,,112277 771111 0 OOvveerr 1100 yyeeaarrss 2299,,9922?? 11,,111100 114422 0 Total 52 0 TToottaall 330099,,444455 -- ~~ "" 11,,555566 55,,009955 57 Components n)ay 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 APRIL 21 1993 5 Millions of dollars 1 Kansas San Total Boston Hew York | Philadelphia Cleveiand Richmond Atlanta Chicago St. Louis Minnaa polis City j Dallas 1 Francisco ASSETS Gold certificate account 11,054 660 3,754 399 701 899 509 1,186 392 243 409 510 1,392 Special drawing rights certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 497 26 17 21 35 98 46 37 27 25 36 35 94 Loans 52 2 0 3 0 3 4 2 8 19 10 0 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,095 301 1,760 193 342 397 207 592 180 117 193 218 595 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright—Bills 144,178 8,508 49,789 5,464 9,685 11,246 5,865 16,755 5,091 3 ,300 5,468 6,175 16,832 Notes 123,936 7,313 42,799 4,697 8,325 9,667 5,042 14,403 4,376 2 ,837 4,701 5,308 14,469 Bonds 37,411 2,208 12,919 1,416 2,513 2,918 1,522 4,348 1,321 856 1,419 1,602 4,368 Total bought outright2 305,525 18,029 105,506 11,579 20,523 23,831 12,429 35,506 10,787 6 ,993 11,588 13,085 35,668 Held under repurchase agreements1 3,920 0 3,920 0 0 0 0 0 0 0 0 0 0 Total U,S. govt, securities 309,445 18,029 109,426 11,579 20,523 23,831 1122,,442299 3355,,550066 10,787 6 ,993 11,588 13,085 35,668 Total loans and securities 314,592 18,331 111,186 11,775 20,865 24,232 1122,,664400"" 3366,,110000 10,975 7 ,129 11,791 13,303 36,263 Items in process of collection 6,299 389 675 472 371 468 673 583 205 400 373 577 1,112 Bank premises 1,035 90 139 45 37 134 58 112 30 33 51 158 148 Other assets3 31,455 1,245 10,163 1,164 1,805 2,341 2,486 3,502 784 770 1,087 1,913 4,196 Interdistrict settlement account 0 -1,849 +9,520 -512 -521 -309 -1,140 -2,519 + 728 +57 +1,504 -518 -4,440 TOTAL ASSETS 372,951 19,403 138,261 13,667 23,349 28,515 15,590 40,037 13,310 8 ,843 15,450 16,355 . . 39,670 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 $ 6,161 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 142 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 $ 77 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 APRIL 21, 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 315,014 17,398 114,660 11,482 21,388 25,098 10,819 35,575 11,741 7,474 13,571 13,606 32,203 Deposits Depository institutions 29,442 1,229 6,995 1,429 1,654 2,235 3,386 2,815 1,111 738 1,153 1,603 5,092 U.S. Treasury—general account 13,052 0 13,052 0 0 0 0 0 0 0 0 0 0 Foreign—official accounts 198 5 100 5 8 10 13 16 3 4 5 10 21 Other 321 1 123 1 11 95 2 78 0 4 2 1 3 Total deposits 43,013 1,234 20,270 1,436 1,674 2,340 3,401 2,909 1,115 746 1,160 1,614 5,116 Deferred credit items 5,872 386 673 405 237 443 634 529 210 387 369 523 1,075 Other liabilities and accrued dividends1 2,214 130 664 100 145 176 130 251 92 61 105 100 259 TOTAL LIABILITIES 366,113 19,148 136,268 13,423 23,444 28,057 14,984 39,264 13,158 8,668 15,205 15,842 38,652 CAPITAL ACCOUNTS Capital paid in 3,257 117 931 117 192 219 297 367 72 85 118 250 493 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 527 29 178 10 36 29 20 60 10 10 18 51 75 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 372,951 19,403 138,261 13,667 23,849 28,515 15,590 40,037 13,310 8,843 15,450 16,355 39,670 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 377,987 20,701 134,714 13,446 23,727 30,612 16,484 40,561 14,002 8,594 15,191 16,974 42,980 Less—Held by F.R. Banks 62,973 3,303 20,054 1,965 2,339 5,514 5,666 4,986 2,262 1,120 1,619 3,368 10,777 F.R. notes, net 315,014 17,398 114,660 11,482 21,388 25,098 10,819 35,575 11,741 7,474 13,571 13,606 32,203 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 295,941 Total collateral 315,014 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