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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks May 13, 1993 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss May 12, 1993 May 5, 1993 May L3, 1992 May 12, 1993 Reserve Bank credit1 2 345,092 + 854 + 37,775 352,515 U.S. government securities Bought outright--system account 305,098 - 331 + 38,407 305,580 Held under repurchase agreements 1,094 + 1,094 - 1,453 7,660 Federal agency obligations Bought outright 5,095 0 - 815 5,095 Held under repurchase agreements 14 + 14 - 65 95 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 128 + 112 + 11 13 Seasonal credit 74 + 7 - 6 81 Extended credit 0 - 1 0 0 Float 508 - 504 + 225 547 Other F.R. assets 33,083 + 463 + 1,471 33,443 Gold stock 11,054 0 - 3 11,054 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,662 + 14 + 478 21,662 Total factors supplying reserve funds ' 3857826 _ 868 + 36,250 393,248 Currency in circulation* 338,053 + 1,741 + 30,289 338,664 Treasury cash holdings* 505 0 _ 192 499 Deposits, other than reserve balances, with F.R. Banks Treasury 5,646 470 + 634 4,952 Foreign 379 + 105 + 157 210 Service-related balances and adjustments3 5,991 - 58 + 1,052 5,991 Other 307 + 2 + 43 313 Other F.R. liabilities and capital 9,920 + 141 + 1,819 9,128 Total factors, other than reserve balances, absorbing reserve funds 360,802 + 1,462 + 33,802 359,757 Reserve balances with F.R. Banks4 25,024 - 595 + 2,447 33,491 On May 12, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 310,221 million, a change of -r $ 407 million for the week. 1 Net of $ 6,589 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,214 million was with foreign official and international accounts, includes securities Ioaned-fully secured by U.S. government securities 2 Net of $ 8,106 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,106 million was with foreign official and international accounts, includes $ 200 million securities Ioaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 5,854 million and adjustments of $ 137 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. <j|Jf fg /? .-? ,-• 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 May 12, 1993 May 5, 1993 May 13, 1992 ASSETS Gold certificate account 11,054 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 482 - 7 - 65 Loans 94 + 19 - 672 Acceptances 0 0 0 Federal agency obligations Bought outright 5,095 0 - 815 Held under repurchase agreements1 95 + 95 + 95 U.S. government securities Bought outright--Bills 144,233 + 181 + 14,123 Notes 123,936 0 + 19,676 Bonds 37,411 0 + 5,367 Total bought outright2 305,580 + 181 + 39,166 Held under repurchase agreements1 7,660 + 7,660 + 3,944 Total U.S. government securities 313,240 + 7,841 + 43,110 Total loans and securities 313,524 + 7,954 + 41,718 Items in process of collection (589) 5,574 - 2,501 + 330 Bank premises 1,036 + 1 + 15 Other assets3 32,443 ++ 557777 ++ 1,672 TOTAL ASSETS [[558899)) 377,131 ++ 66,,002255 ++ 41,668 LIABILITIES Federal Reserve notes 317,983 + 1,458 + 29,949 Deposits Depository institutions 39,440 + 6,569 + 10,332 U.S. Treasury--general account 4,952 - 366 + 136 Foreign--official accounts 210 - 145 + 17 Other 313 + 9 + 64 Total deposits 44,915 + 6,067 10,549 •»• Deferred availability cash itetns (588) 5,105 - 880 + 101 Other liabilities and accrued dividends** 2,269 ++ 111122 ++ 164 TOTAL LIABILITIES 11558899)) 370,271 __ 66,,775588 ++ 40,764 i CAPITAL ACCOUNTS I Capital paid in 3,273 + 13 + 467 Surplus 3,054 0 + 402 Other capital accounts 533 - 745 + 35 * 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 $ S;106 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 200 million securities ioaned-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 $ 34 million in Treasury bills maturing within 90 days. 4 Includes exchange-transiation 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, MAY 12, 1993 Acceptances and securities held under repurchase agreements are classified as maturing withii days in accordance with maximum maturity of the agreements. Millions of dollars U.S. government Federal agency securities obligations LLooaannss AAcccceeppttaanncceess Weekly Weekly Holdings Holdings changes changes Within 15 days 33 0 Within 15 days 21,181 + 4,214 136 + 136 16 days to 90 days 61 0 16 days to 90 days 69,509 73 703 41 Over 90 days 0 0 91 days to 1 year 98,242 + 3,700 1,216 + 25 Over 1 year to 5 years 72,915 0 2,282 25 Over 5 years to 10 years 21,471 0 711 0 OOvveerr 1100 yyeeaarrss 2299,,992222 00 114422 0 Total 94 0 TToottaall 331133,,224400 ++ 77,,334411 55,,119900 + 95 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 MAY 12, 1993 Millions of dollars Kansas San TToottaall BBoossttoonn New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 1111,,0055** 666600 3,75* 399 701 899 509 1,186 392 2*3 *09 510 1,392 Special drawing rights certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 90* Coin *82 25 16 18 3* 91 *7 36 26 25 36 32 9* Loans 9* 3 0 * 0 8 5 5 16 38 13 0 1 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 3*2 397 207 592 180 117 193 218 595 Held under repurchase agreements1 95 0 95 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 1*4,233 8,511 *9,808 5,*66 9,689 11,250 5,868 16,762 5,093 3,301 5,*70 6,177 16,838 Notes 123,936 7,313 *2,799 *,697 8,325 9,667 5,0*2 1*,*03 *,376 2,837 *,701 5,308 1*,*69 Bonds 37,*1I L 2,208 12,919 1,*18 2,513 2,918 1,522 *,3*8 1,321 856 1,*19 1,602 *,368 Total bought outright2 305,580 18,032 105,525 11,581 20,527 23,836 12,*31 35,512 10,789 6,995 11,590 13,087 35,675 Held under repurchase agreements1 7,660 0 7,660 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 313,2*0 1188,,003322 111133,,118855 1111,,5588]] 2200,,552277 2233,,883366 1122,,**3311 35,512 10,789 6,995 11,590 13,087 35,675 Total loans and securities 316,52* 1188,,333366 111155,,00**00 1111,,777788 2200,,886699 ""~~22**//22**ll 1122,,66**33 36,110 10,985 7,150 11,796 13,305 36,271 Items in process of collection 6,163 380 821 *22 150 *50 7b0 623 210 370 3*0 *9* 1,1*5 Bank premises 1,036 90 139 *5 3/ 13* 58 112 30 3* 51 158 1*7 Other assets3 32,**3 1,303 10,279 1,212 1,893 2,*35 2,5*3 3,66* 822 802 1,135 1,988 *,367 Interdistrict settlement account 0 -833 + 905 + 9 -257 +1,100 + 200 -1,1*2 +916 +598 +1,575 -586 -2,*8* TOTAL ASSETS 377,720 20,*72 133,761 1*,185 23,983 30,002 17,078 *1,625 13,550 9,*08 15,5*1 16,279 *1,835 1 Does not include US 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 $ 6,106 million matched sale-purchase transactions outstanding at the end of the latest statement week Includes $ 200 million securities loaned- fully secured by US government securities 3 includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 94 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 MAY 12, 1993 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 317,983 17,527 115,743 11,591 21,289 25,441 11,962 35,596 11,932 7,521 13,642 13,442 32,298 Deposits Depository institutions 39,440 2,172 9,402 1,895 1,905 3,400 3,712 4,334 1,182 1,257 1,205 1,841 7,136 U.S. Treasury--general account 4,952 0 4,952 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 210 5 112 5 8 10 13 16 3 4 5 10 21 Other 313 11 113311 11 11 7755 22 9955 00 44 11 11 1 Total deposits 44,915 22,,117777 1144,,559966 11,,990011 11,,991144 33,,448855 33,,772277 44,,444455 11,,118866 11,,226655 11,,221111 11,,885511 7,158 Deferred credit items 5,694 379 716 344 223 438 687 555 186 375 328 367 1,096 Other liabilities and accrued dividends1 2,269 134 726 105 146 176 88 257 92 62 111 108 264 TOTAL LIABILITIES 370,860 20,216 131,781 13,940 23,572 29,541 16,463 40,852 13,396 9,223 15,292 15,768 40,816 CAPITAL ACCOUNTS Capital paid in 3,273 119 931 117 197 218 302 367 71 91 118 248 493 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 533 29 164 11 39 33 24 59 13 14 22 51 76 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 377,720 20,472 133,7bl 14,185 23,983 30,002 17,078 41,625 13,550 9,408 15,541 16,279 41,835 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 380,288 20,362 136,149 13,428 23,891 30,859 17,527 40,567 14,031 8,563 15,232 16,893 42,788 Less--Held by F.R. Banks 6622,,330055 22,,883355 2200,,440066 1,837 2,602 5,418 5,565 44,,997711 22,,009988 11,,004411 11,,559900 33,,445511 10,490 F.R. notes, net 331177,,998833 1177,,552277~~ 111155,,774433 11,591 21,289 25,441 11,962 3355,,559966 1111,,993322 77,,552211 1133,,664422 1133,,444422 32,298 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 298,911 Total collateral 317,983 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