H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of eacl the information is available, on (202) 452-3206. ^LRE^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks February 16, 1995 Millions of dollars Averages of daily fi gures RReesseerrvvee bbaallaanncceess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss aatt Week ended Change from week ended Wednesday FF..RR.. BBaannkkss,, RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Feb 15, 1995 Feb ~8 , 1995 "Feb 16, 1994 Feb 15, 1995 Reserve Bank credit1 2 399,035 + 23 + 27,507 404,268 U.S. government securities Bought outright--system account 359,922 - 375 + 28,213 366,209 Held under repurchase agreements 0 0 - 886 0 Federal agency obligations Bought outright 3,546 0 - 86X 3,546 Held under repurchase agreements 0 0 - 95 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 19 - 4 - 112 20 Seasonal credit 32 + 3 * 17 33 Extended credit 0 0 0 0 Float 697 + 345 - 995 1,480 Other F.R. assets 34,819 + 53 + 2,231 32,979 Gold stock 11,050 0 - 3 11,050 Special drawing rights certificate account 8,018 0 0 8,018 Treasury currency outstanding 23,085 + 14 4 889 23,085 Total factors supplying reserve funds 441,188 __ 37 _ 28,393 446,421 Currency in circulation* 396,538 + 531 + 32,573 3?7,370 Treasury cash holdings* 338 + 4 - 33 343 Deposits, other than reserve balances, with F.R. Banks Treasury 4,789 - 2,074 4 98 5,234 Foreign 187 4 11 - 120 166 Sarvice-related balances and adjustments3 4,372 - 158 - 2,811 4,372 Other 356 4 22 4 42 386 Other F.R. liabilities and capital 12,691 4 102 4 2,831 12,480 Total factors, other than reserve balances, absorbing reserve funds 419,271 - 1,563 4 32,579 420,351 Reserve balances with F.R. Banks4 21,917 + 1,600 - 4,186 26,070 On February 15, 1S95. the face amount of marketable US government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was $ 413,486 million, a change of r $ 2,027 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. i Net of $ 12,018 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 7,350 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. government securities. 2 Net of $ 5.731 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 5,731 million was with foreign official and international accounts. Includes $ 100 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of 5 4,137 million and adjustments of $ 234 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 Feb 15, 1995 Feb 8, 1995 Feb 16, 1994 ASSETS Gold certificate account 11,050 0 - 3 Special drawing rights certificate account 8,018 0 0 Coin 439 + 16 - 14 Loans 53 + 2 + 7 Acceptances 0 0 0 Federal agency obligations Bought outright 3,546 0 - 836 Held under repurchase agreements1 0 0 - 452 U.S. government securities Bought outright--Bills 179,689 + 5,932 + 19,435 Notes 143,773 + 251 + 12,462 Bonds 42,747 - 251 + 3,026 Total bought outright2 366,209 • 5,932 + 34,923 Held under repurchase agreements1 0 0 - 2,698 Total U.S. government securities 366,209 • 5,932 + 32,225 Total loans and securities 369,808 + 5,934 + 30,944 Items in process of collection (593) 6,444 + 595 + 323 Bank premises 1,076 0 + 22 Other assets3 31,948 - 1,995 • 1,704 TOTAL ASSETS (593) 428,784 + 4,550 + 32,977 LIABILITIES Federal Reserve notes 375,067 + 144 + 31,675 Deposits Depository institutions 30,579 + 6,909 - 3,006 U.S. Treasury--general account 5,234 - 2,540 + 2,281 Foreign--official accounts 166 - 89 - 218 Other (2) 386 + 37 + 62 Total deposits (2) 36,365 + 4,316 - 881 Deferred availability cash items (591) 4,872 - 205 - 599 Other liabilities and accrued dividends4 4,549 + 255 + 2,032 TOTAL LIABILITIES (593) 420,853 + 4,509 • 32,227 CAPITAL ACCOUNTS Capital paid in 3,759 + 3 • 330 Surplus 3,683 0 • 282 Other capital accounts 488 + 38 • 138 * 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 $ 1,940 million was outstanding at the end of the latest statement week. 2 Net of $ 5,731 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 100 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 $ 112 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, FEBRUARY 15, 1995 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 53 0 WWiitthhiinn 1155 ddaayyss 1155,,333333 2,442 310 + 310 16 days to 90 days 0 0 1166 ddaayyss ttoo 9900 ddaayyss 8877,,558899 • 4,639 448 310 Over 90 days 0 0 9911 ddaayyss ttoo 11 yyeeaarr 111133,,446644 + 4,727 888 0 OOvveerr 11 yyeeaarr ttoo 55 yyeeaarrss 8877,,228899 2,085 1,418 + 25 OOvveerr 55 yyeeaarrss ttoo 1100 yyeeaarrss 2266,,999900 + 393 457 25 OOvveerr 1100 yyeeaarrss 3355,,554455 + 700 25 0 Total 53 0 TToottaall 336666,,220099 + 5,932 3,546 0 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 FEBRUARY 15, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,050 553 4,133 393 660 902 542 1,217 429 230 436 453 1,102 Special drawing rights certif. acct. 8,018 511 2,808 303 556 652 318 1,036 168 186 199 377 904 Coin 439 22 26 26 23 74 60 36 29 26 28 43 46 Loans 53 3 2 4 0 0 0 1 9 9 14 4 6 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 3,546 186 1,310 139 224 283 158 406 141 78 152 134 334 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright — Bills 179,689 9,406 66,397 7,028 11,327 14,363 8,032 20,585 7,146 3,957 7,708 6,796 16,944 Notes 143,773 7,526 53,126 5,623 9,063 11,492 6,426 16,470 5,718 3,166 6,167 5,437 13,557 Bonds 42,747 2,238 15,795 1,672 2,695 3,417 1,911 4,897 1,700 941 1,834 1,617 4,031 Total bought outright2 366,209 19,170 135,318 14,323 23,085 29,273 16,369 41,952 14,564 8,065 15,709 13,850 34,533 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt, securities 366,209 19,170 135,318 14,323 23,085 2299,,227733 1166,,336699 4411,,995522 14,564 8,065 15,709 13,850 34,533 Total loans and securities 369,808 19,359 136,630 14,466 23,308 2299,,555566 1166,,552277 4422,,335588 14,715 8,152 15,876 13,988 34,873 Items in process of collection 7,038 433 731 448800 335555 551100 778866 666666 226666 446622 448899 667766 1,182 Bank premises 1,076 93 137 4477 4477 113333 6644 111122 3300 4466 5544 115577 156 Other assets3 31,948 1,283 9,598 11,,333377 22,,110077 22,,773322 22,,556655 33,,662211 882244 880011 11,,220055 11,,889900 3,986 Interdistrict settlement account 0 -3,291 +20,520 ++11,,008855 --33,,003322 --11,,774466 --771111 --11,,883344 ++33,,889977 --22,,009911 --22,,771122 --22,,558866 -7,500 TOTAL ASSETS 429,377 18,964 174,583 1188,,113366 2244,,002233 3322,,881144 2200,,115500 4477,,221122 2200,,335577 77,,881133 1155,,557744"" 1155,,000000 34,749 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 $ 1,940 million was outstanding at the end of the latest statement week. 2 Net of $ 5,731 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 100 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 $ 112 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 FEBRUARY 15, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 375,067 16,429 158,235 15,753 21,082 28,370 15,695 42,009 18,683 6,237 13,213 11,673 27,688 Deposits Depository institutions 30,579 1,572 6,632 1,487 1,883 2,883 2,881 3,106 1,113 815 1,448 2,250 4,508 U.S. Treasury--general account 5,234 0 5,234 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 166 5 63 6 10 11 13 16 3 4 5 9 20 Other 388 1 156 1 3 71 1 117 1 13 11 12 2 Total deposits 36,367 1,578 12,085 1,494 1,895~ 2,965 2,895 3,239 1,117 832 1,464 2,272 4,530 Deferred credit items 5,463 382 604 329 22 h 469 602 503 181 415 380 361 1,002 Other liabilities and accrued dividends1 4,549 246 1,524 199 2Bi 382 252 517 192 120 220 183 433 TOTAL LIABILITIES 421,446 18,635~ 172,448 17,785 23,484 32,186" 19,443 46,268 20,173 7,605 15,277 14,489 33,653 CAPITAL ACCOUNTS Capital paid in 3,759 154 988 168 257 299 345 448 85 100 139 247 530 Surplus 3,683 139 988 Ibl 258 296 341 419 85 98 139 247 512 Other capital accounts 488 36 lbO 22 25 32 21 78 15 11 18 16 53 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 429,377 18,964 174,583 18,136 24,023 32,814 20,150 47,212 20,357 7,813 15,574 15,000 34,749 FEDERAITRESERVE AGENTS' ACCOUNTS F.R. notes outstanding 456,314 22,197 181,203 18,16* 25,434 35,108 22,674 49,373 21,738 8,019 14,889 16,067 41,448 Less--Held by F.R. Banks 81,247 5,769 22,968 2,410 4,353 6,738 6,979 77,,336644 33,,005555 11,,778822 11,,667766 44,,339944 13,760 F.R. notes, net 375,067 16,429 158,235 15,753 21,082 28,370 15,695 4422,,000099 1188,,668833 66,,223377 1133,,221133 1111,,667733 27,688 Collateral held against F.R. notes Gold certificate account 11,050 Special drawing rights certificate account 8,018 Other eligible assets 0 U.S. govt, and agency securities 355,999 Total collateral 375,067 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