H.4.1 Factors Affecting Reserve Balances of Depository Institutions

. qfco^ 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. •f^cRE^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks March 31, 1994 Millions of dollars Averages of daily figures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt WWeeeekk eennddeedd Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss MMaarr 3300,, 11999944 Mar 23, 1994 j Mar 31, 1993 Mar 30, 1994 Reserve Bank credit1 2 375,898 + 513 + 36,275 380,328 U.S. government securities Bought outright--system account 337,265 + 583 + 37,369 337,620 Held under repurchase agreements 1,145 148 1,068 4,634 Federal agency obligations Bought outright 4,228 9 895 4,227 Held under repurchase agreements 173 63 + 9 510 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 48 + 25 71 37 Seasonal credit 37 + 10 + 5 37 Extended credit 0 0 0 0 Float 294 62 680 257 Other F.R. assets 32,706 + 176 + 1,606 33,005 Gold stock 11,052 0 2 11,052 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 22,272 + 14 + 695 22,272 Total factors supplying reserve funds 417,241 + 527 + 36,968 421,670 Currency in circulation* 367,526 + 580 + 35,358 369,168 Treasury cash holdings* 374 8 138 370 Deposits, other than reserve balances, with F.R. Banks Treasury 4,847 124 396 5,562 Foreign 185 + 9 186 198 Service-related balances and adjustments3 6,338 319 560 6,338 Other 313 83 49 300 Other F.R. liabilities and capital 9,970 12 + 900 9,835 Total factors, other than reserwe balances, absorbing reserve funds 389,552 + 44 + 34,930 391,771 Reserve balances with F.R. Banks* 27,688 + 484 + 2,038 2^,90 0 On March 30, 1994, marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 365,373 million, a change of - $ 1,897 million for the week. 1 Net of $ 6,704 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 6,704 million was with foreign official and international accounts, includes securities Ioaned--fuily secured by U.S. government securities. 2 Net of $ 6,620 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 6,620 million was with foreign official and international accounts. Includes $ 339 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 6,132 million and adjustments of $ 205 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 Wednesday Wednesday Wednesday Mar 30, 1994 Mar 23, 1994 Mar 31, 1993 ASSETS Gold cert ificate account 11,052 0 2 Special drawing rights certificate account 8,018 0 0 Coin 431 6 72 Loans 75 14 678 Acceptances 0 0 0 Federal agency obligations Bought outright 4,227 10 896 Held under repurchase agreements1 510 40 57 U.S. government securities Bought outright--Bills 163,307 796 + 21,202 Notes 133,858 0 + 13,647 Bonds 40,455 0 • 4,309 Total bought outright2 337,620 796 + 39,159 Held under repurchase agreements1 4,634 909 2,122 Total U.S. government securities 342,254 1,705 + 37,037 Total loans and securities 347,066 1,668 + 35,405 Items in process of collection (620) 5,202 23 136 Bank premises 1,054 1 + 24 Other assets3 31,923 138 + 1,503 TOTAL ASSETS (620) 404,746 1,823 + 36,722 LIABILITIES Federal Reserve notes 347,697 1,412 35,435 Deposits Depository institutions 36,329 1,053 •f 1,796 U.S. Treasury--general account 5,562 1,610 - 1,190 Foreign--official accounts 198 11 - 120 Other (-3) 300 213 - 14 Total deposits (-3) 42 389 + 355 4 472 Deferred availability cash items (624) 4 826 + 56 - 175 Other liabilities and accrued dividends4 2 625 + 16 + 375 TOTAL LIABILITIES (620) 397,537 1,839 • 36,106 CAPITAL ACCOUNTS Capital paid in 3,445 3 + 257 Surplus 3,401 0 + 348 Other capital accounts 364 20 + 11 * 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 3r,d international accounts of which $ 0 million was outstanding at the end of the latest statement week. 2 *ie? of $ 6,620 msilion matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 339 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 $ 98 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 30, 1994 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.$ . government Federal agency ecurities obligations Loans Acceptances! Weekly Weekly Holdings Holdings changes changes Within 15 days 70 Within 15 days 23. 556 i 2,103 935 + 165 16 days to 90 days 4 16 days to 90 days 77, 339 : 138 527| - 83 Over 90 days 0 91 days to 1 year IU4, 260 960 j • 51 Over 1 year to 5 years 0 1,913 - 83 Over 5 years to 10 years 24; 553 0 477 0 Over 10 years 32, 0 25 0 Total 75 Total 342,254 1,705 4,837 ++ 50 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 30, 1994 Millions of dollars Kansas San New York Philadelphia Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,052 660 3,752 399 701 899 509 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 431 27 21 25 23 79 52 29 25 19 28 38 64 Loans 75 5 2 0 0 0 1 7 24 11 14 9 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 4,227 249 1,460 160 284 330 172 491 149 97 160 181 493 Held under repurchase agreements1 510 0 510 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright~-Bills 163,307 9,637 56,394 6,189 10,970 12,738 6,644 18,978 5,766 3,738 6,194 6,994 19,065 Notes 133,858 7,899 46,225 5,073 8,992 10,441 5,446 15,556 4,726 3,064 5,077 5,733 15,627 Bonds 40,455 2^387 13^970 1,533 2,718 3,156 1,646 4,701 1,428 926 1,534 1,733 4,723 Total bought outright2 337,620 19,923 116,590 12,795 22,679 26,335 13,735 39,236 11,921 7,728 12,805 14,459 39,415 Held under repurchase agreements1 ^ 634 0 4,634 0 0 0 0 0 0 0 0 0 0 A Iota! U.S. govt, securities 342^254 19,9?5 121 7224 12:JZ?5_ 22,679 26,355 13,735 39,236 11,921 7J1? 12,805 14,459 39,415 Total loans and securities 347,066 20,1// 123,195 12,955 22,963 26,665 13,908 39,734 12,093 7,836 12,980 14,642 39,918 Items in process of collection 5,823 385 748 412 198 387 791 534 173 396 386 388 1,024 Bank premises 1,054 91 139 47 39 138 61 113 31 36 50 158 151 Other assets3 31,923 1,302 10,006 1,078 2,026 2,393 2,505 3,639 780 794 1,159 2,007 4,234 Interdistrict settlement account 0 -2,733 +18,207 +716 -5,305 -204 +1,323 +2,503 +1,630 -669 +999 -3,772 -12,695 TOTAL ASSETS 405,367 20,419 1587877 15",936~ 21 ",""200 31, 009 19,468 48,775 15,293 8,841 16,210 14,347 34,993 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 $ 6,620 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 339 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 $ 98 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 30, 1994 Millions of dollars Kansas San Boston New York iladelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 347,697 17,513 141,375 12,830 18,715 27,279 14,618 43,193 13,575 7,120 13,788 11,415 26,277 Deposits Depository institutions 36,329 2,145 8,176 2,416 1,591 2,600 3,276 3,828 1,272 1,056 1,650 1,955 6,363 U.S. 1reasury--general account 5,562 0 5,562 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 198 5 97 5 9 9 13 16 3 4 5 10 21 Other 297 _ 1 JL_22_ 1 2 65 -2 100 0 3 11 1 Total deposits "42,386 2,151 13,957 2,422 1,602 2,674 3,287 3,944 1,275 1,063 1,657 1,967 6,385 Deferred credit items 5,449 335 625 324 244 362 762 511 179 394 372 343 998 Other liabilities and accrued dividends1 >,625 151 831 116 166 203 145 297 103 71 125 120 298 TOTAL LIABILITIES 398,157 20,149 156,788 15,692 20,728 30,519 18,812 47,945 15,132 8,648 15,942 13,845 33,958 CAPITAL ACCOUNTS Capital paid in 3,445 125 985 115 226 234 322 397 75 93 129 245 499 Surplus 3,401 123 969 114 224 228 320 390 74 91 128 246 495 Other capital accounts 364 21 135 14 23 29 14 43 12 10 11 11 41 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 405,367 20,419 158,877 15,936 21,200 31,009 19,468 48,775 15,293 8,841 16,210 14,347 34,993 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 414,413 21,033 161,278 14,426 21,814 32,943 20,295 48,698 16,088 8,192 15,444 15,631 38,570 Less--Held by F.R. Banks 66,716 3,521 ISS903 1,596 3,099 5,663^ 5,677 5,505 2,513 1^073 1^, 656 <tL.216_ 12_'2 i? F.R. notes, net 347,697 17,513 141,375 12,830 18,715 27,279 14,618 43,193 13,575 7,120 13,788 11,415 26,277 Collateral held against F.R. notes Gold certificate account 11,052 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 328,627 Total collateral 347,697 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