H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE ' / *H^ 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. ^ALRt^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks May 27, 1993 Millions of dollars Averages o f 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 26, 1993 May 19, 1993 May 27, 1992 May 26, 1993 Reserve Bank credit1 2 348,896 + 3,944 + 40,945 356,763 U.S. government securities Bought outright--system account 305,947 + 224 + 38,190 306,148 Held under repurchase agreements 5,686 + 4,781 + 800 11,930 Federal agency obligations Bought outright 5,084 - 12 - 781 5,054 Held under repurchase agreements 390 + 276 + 19 1,120 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 20 + 12 - 32 19 Seasonal credit 93 + 6 - 29 93 Extended credit 0 0 0 0 Float 193 - 509 + 153 382 Other F.R. assets 31,482 - 834 + 2,624 32,017 Gold stock 11,054 0 - 3 11,054 Special drawing rights certificate account 8,018 0 - 2,000 8,018 Treasury currency outstanding 21,671 + 14 + 470 21,671 Total factors supplying reserve funds 389,639 _ 3,958 _ 39,412 397,506 Currency in circulation* 338,602 - 2 + 29,548 339,528 Treasury cash holdings* 488 - 9 - 195 483 Deposits, other than reserve balances, with F.R. Banks Treasury 6,110 + 173 + 671 5,369 Foreign 196 - 72 - 16 246 Service-related balances and adjustments3 6,327 + 28 + 1,135 6,327 Other 312 - 10 + 48 311 Other F.R. liabilities and capital 9,267 + 25 + 885 9,139 Total factors, other than reserve balances, absorbing reserve funds 361,301 + 131 + 32,077 361,402 Reserve balances with F.R. Banks* 28,338 + 3,827 + 7,335 36,104 On May 26, 1993, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 312,869 million, a change of - $ 89 million for the week. 1 Net of $ 5,900 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 5.900 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5,755 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,755 million was with foreign official and international accounts. Includes $ 519 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,058 million and adjustments of $ 268 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 May 26, 1993 May 19, 1993 May 27, 1992 ASSETS Gold certificate account 11,054 0 - 3 Special drawing rights certificate account 8,018 0 - 2,000 Coin 452 - 20 - 42 Loans 112 + 13 - 91 Acceptances 0 0 0 Federal agency obligations Bought outright 5,054 - 41 - 696 Held under repurchase agreements1 1,120 + 1,110 + 460 U.S. government securities Bought outright--Bills 144,802 + 608 + 14,529 Notes 123,870 0 + 19,710 Bonds 37,477 0 + 5,134 Total bought outright2 306,148 + 608 + 39,373 Held under repurchase agreements1 11,930 + 11,895 + 1,494 Total U.S. government securities 318,078 + 12,503 + 40,867 Total loans and securities 324,364 + 13,585 + 40,540 Items in process of collection (531) 4,938 - 486 - 2,474 Bank premises 1,038 0 + 17 Other assets3 31,058 + 1,009 + 2,859 TOTAL ASSETS (531) 380,922 + 14,088 + 38,896 LIABILITIES Federal Reserve notes 318,791 + 919 + 29,047 Deposits Depository institutions 42,343 + 14,060 + 10,859 U.S. Treasury--general account 5,369 - 711 + 174 Foreign--official accounts 246 - 17 + 55 Other 311 - 12 + 41 Total deposits 48,269 + 13,320 + 11,129 Deferred availability cash items (531) 4,722 - 197 - 2,118 Other liabilities and accrued dividends* 2,239 + 34 + 151 TOTAL LIABILITIES (531) 374,022 + 14,077 + 38,209 CAPITAL ACCOUNTS Capital paid in 3,300 + 17 + 489 Surplus 3,054 0 + 402 Other capital accounts 546 - 6 - 204 * 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 $ 5,755 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 519 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 $ 82 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, MAY 26, 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 Weekly Weekly Holdings Holdings changes changes Within 15 days 105 0 WWiitthhiinn 1155 ddaayyss 1188,,224466 • 2,539 751 + 424 16 days to 90 days 7 0 1166 ddaayyss ttoo 9900 ddaayyss 6699,,448811 + 283 402 25 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 9977,,999911 + 91 1,261 + 45 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 7711,,006655 0 2,237 45 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2211,,660066 0 711 0 OOvveerr 1100 yyeeaarrss 3300,,009999 0 142 0 Total 112 0 TToottaall 330088,,448888 + 2,913 5,504 + 399 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 26, 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 11,054 660 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 452 21 15 12 31 85 48 34 27 24 34 31 89 Loans 112 2 0 8 0 13 5 3 18 46 11 0 5 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 5,054 298 1,745 192 340 394 206 587 178 116 192 216 590 Held under repurchase agreements1 1,120 0 1,120 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 144,802 8,545 50,004 5,488 9,727 11,295 5,891 16,828 5,113 3,314 5,492 6,201 16,905 Notes 123,870 7,309 42,776 4,694 8,321 9,662 5,039 14,395 4,374 2,835 4,698 5,305 14,461 Bonds 37,477 2,211 12,942 1,420 2,517 2,923 1,525 4,355 1,323 858 1,421 1,605 4,375 Total bought outright2 306,148 18,066 105,722 11,602 20,565 23,880 12,455 35,578 10,809 7,008 11,611 13,111 35,741 Held under repurchase agreements1 11,930 0 11,930 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 318,078 18,066 117,652 11,602 20,565 23,880 12,455 35,578 10,809 7,008 11,611 13,111 35,741 Total loans and securities 324,364 18,366 120,517 11,802 20,905 24,287 12,665 36,169 11,006 7,170 11,814 13,328 36,336 Items in process of collection 5,469 339 773 304 211 450 593 518 180 356 327 376 1,043 Bank premises 1,038 90 139 45 37 136 58 112 30 34 51 158 147 Other assets3 31,058 1,190 10,089 1,143 1,751 2,300 2,510 3,434 753 758 1,063 1,917 4,149 Interdistrict settlement account 0 -908 -1,054 +480 -200 +1,381 +596 -688 +748 +84 +1,872 -223 -2,088 TOTAL ASSETS 381,453 20,269 137,041 14,488 23,991 30,191 17,298 41,800 13,304 8,855 15,769 16,475 41,973 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 $ 5,755 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 519 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 $ 82 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 26, 1993 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Ka C n it s y a s Dallas Fra S n a c n is co LIABILITIES Federal Reserve notes 318,791 17,514 116,475 11,508 21,544 26,094 11,868 35,553 11,804 7,529 13,692 13,232 31,979 Deposits Depository institutions 42,343 2,036 11,532 2,357 1,687 2,998 4,031 4,613 1,081 711 1,394 2,246 7,658 U.S. Treasury--general account 5,369 0 5,369 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 246 5 148 5 8 10 13 16 3 4 5 10 21 Other 311 1 139 4 2 70 2 84 0 4 2 1 2 Total deposits 48,269 2,042 17,188 2,366 1,697 3,077 4,046 4,712 1,085 718 1,401 2,257 7,680 Deferred credit items 5,253 329 693 266 190 380 633 514 172 356 320 370 1,030 Other liabilities and accrued dividends1 2,239 128 694 101 141 177 129 249 90 62 109 104 257 TOTAL LIABILITIES 374,552 20,012 135,050 14,242 23,572 29,728 16,676 41,028" 13,150 8,665 15,521 15,964 40,945 CAPITAL ACCOUNTS Capital paid in 3,300 119 942 117 200 219 307 371 71 92 119 248 496 Surplus 3,054 108 885 117 176 210 290 346 70 80 109 212 450 Other capital accounts 546 29 164 12 43 34 25 55 13 19 20 51 81 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 381,453 20,269 137,041 14,488 23,991 30,191 17,298 41,800 13,304 8,855 15,769 16,475 41,973 FEDERAL RESERVE AGENTS" ACCOUNTS F.R. notes outstanding 381,807 20,342 137,387 13,308 24,438 31,472 17,538 40,698 14,002 8,541 15,168 16,752 42,162 Less--Held by F.R. Banks 63,016 2,828 20,912 1,800 2,894 5,378 5,670 5,145 2,199 1,011 1,477 3,520 10,183 F.R. notes, net 318,791 17,514 116,475 11,508 21,544 26,094 11,868 35,553 11,804 7,529 13,692 13,232 31,979 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 299,720 Total collateral 318,791 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