H.4.1 Factors Affecting Reserve Balances of Depository Institutions

"o*GOv/ 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^TRESv: H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 14, 1995 Millions of dollars Averages of daily figures Reserve balances of depository institutions at Week ended Change frow week ended Wednesday F.R. Banks, Reserve Bank credit, and related items Dec 13, 1995 Dec 6, 1995 Dec 14, 1994 Dec 13, 1995 Reserve Bank credit1 2 415,308 1,542 13,285 416,626 U.S. government securities Bought outright--system account 379,348 2,462 14,655 378,858 Held under repurchase agreements 575 5,036 143 2,012 Federal agency obligations Bought outright 2,668 24 992 2,637 Held under repurchase agreements 0 56 300 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 1 3 27 2 Seasonal credit 39 4 53 39 Extended credit 0 0 0 0 Float 823 458 248 742 Other F.R. assets 31,854 660 103 32,337 Gold stock 11,050 0 0 11,050 Special drawing rights certificate account 10,168 0 2,150 10,168 Treasury currency outstanding 23,909 14 948 23,909 Total factors supplying reserve funds 460,436 1,528 16,383 461,754 Currency in circulation* 417,416 1,008 20,414 418,792 Treasury cash holdings* 271 5 76 272 Deposits, other than reserve balances, with F.R. Banks Treasury 5,559 382 484 5,556 Foreign 177 6 12 179 Service-related balances and adjustments3 5,374 134 497 5,374 Other 323 24 3 318 Other F.R. liabilities and capital 12,626 75 i + 920 12,648 Total factors, other than reserve balances, absorbing r&serye funds 441,746 698 21,262 443,139 Res€*rve balances with F.R. Banks* 18,690 2,226 4,880 18,614 On December 13, 1995 the face amount of marketable U S government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was 5 508,332 million, a change of -f $ 4,376 million for the week. The total includes the face value of US Treasury strips and other zero coupon bonds 1 Net of $ 11 185 million daily average matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 11,185 million was with foreign official and international accounts. Includes securities loaned-fuliy secured by U.S. government securities. 2 Net of $ 11,676 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 11.676 million was with foreign official and international accounts. Includes $ 20 million securities loaned-fully secured U.S. government securities. 3 Consists of required clearing balances of $ 4,932 million and adjustments of S 442 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 Dae 13, 1995 Dae 6, 1995 Dec 14, 1994 ASSETS Gold certificate account 11,050 0 0 Special drawing rights certificate account 10,168 0 • 2,150 Coin 447 • 14 • 106 - - Loans 41 6 78 Acceptances 0 0 0 Fadaral agency obligations Bought outright 2,637 - 55 - 1,007 Held undar repurchase agreements1 0 - 390 - 700 U.S. government securities Bought outright--Bills 183,776 - 92 • 6,817 Notes 151,013 4- 425 • 6,870 Bonds 44,069 • 659 • 1,071 Total bought outright2 378,858 • 992 • 14,758 Held undar repurchase agreements1 2,012 - 4,345 • 337 Total U.S. government securities 380,870 - 3,353 • 15,095 Total loans and securities 383,548 - 3,804 • 13,310 - Itens in process of collection (425) 6,396 542 • 311 Bank premises 1,152 0 • 80 Other assets3 31,122 + 703 • 42 TOTAL ASSETS (425) 443,883 - 3,629 • 15,999 LIABILITIES Federal Reserve notes 395,602 • 1,259 • 19,525 Deposits Depository institutions 24,238 - 4,101 - 3,745 U.S. Treasury--general account 5,556 - 226 - 421 Foreign--official accounts 179 - 51 - 27 Other 318 - 10 • 4 Total deposits 30,292 - 4,387 - 4,188 Deferred availability cash items j (425) 5,341 - 690 - 149 Other liabilities and accrued dividends4 4,317 - 136 + 130 TOTAL LIABILITIES (425) 435,552 - 3,954 • 15,318 CAPITAL ACCOUNTS Capital paid in 3,960 • 1 1 • 284 Surplus 3,683 • 4 • 293 Other capital accounts 689 •f 319 • 104 * 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 $ 11,676 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 20 million securities loaned-fufly secured by U.S. government securities 3 Includes assets denominated in foreign currencies, revalued montNy at market exchange rates. Includes special investment account at Chicago of $ 125 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, DECEMBER 13, 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 Loans Weekly Weekly Holdings Holdings changes changes Within 15 days 12 •fithir. 15 days 15,018.- H,632 3, - 442 16 days to 90 days 29 16 da>s to 90 days 94,251'•• 4,495: 701 j - 3 Over 90 days 0 91 days to 1 year 117,938'- 4,300J 540 »• 12 Over 1 year to 5 years 85,273j 0 841 - 12 Over 5 years to 10 years 31,469+ 593 j 527| 0 Over 10 years 36,92l!+ 491 j 25' 0 Total 41 Total 380,870 3,353; 2,637; 445 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 DECEMBER 13, 1995 Millions of dollars Kansas San Total BBoossttoonn NNeeww YYoorrkk Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco ASSETS Gold certificate account 11,050 575 4,273 433 621 862 556 1,220 484 203 382 405 1,036 Special drawing rights certif. acct. 10,168 511 3,903 413 584 790 523 1,079 490 180 342 376 977 Coin 447 23 20 29 22 74 69 38 21 21 42 47 41 Loans 41 1 0 1 0 0 2 1 10 20 4 1 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 federal agency obiigations Bought outright 2,637 130 1,048 114 152 203 122 304 121 48 101 85 209 Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--BilJs 183,776 9,038 73,043 7,973 10,594 14,115 8,532 21,187 8,410 3,318 7,022 5,959 14,586 Notes 151,013 7,427 60,021 6,552 8,706 11,598 7,011 17,410 6,911 2,726 5,770 4,896 11,985 Bonds 4444,,006699 22,,116677 1177,,551155 11,,991122 22,,554400 33,,338855 22,,004466 5,081 2,017 796 11,,668844 11,,442299 3,498 Total bought outright2 337788,,885588 1188,,663322 115500,,557799 1166,,443377 2211,,884400 2299,,009988 1177,,558888"" 43,678 17,338 6,840 1144,,447766 1122,,228844 30,069 Held under repurchase agreements1 222,,,000111222 000 222,,,000111222 000 000 000 000 0 0 0 0 0 0 Total U.S govt, securities 333888000,,,888777000 111888,,,666333222 111555222,,,555999111 111666,,,444333777 222111,,,888444000 222999^^^000999888 111777,,,555888888 4433,,667788 17,338 6,840 14,476 1122,,228844 30,069 Total loans and securities 333888333,,,555444888 111888,,,777666444 111555333,,,666333999 111666,,,555555222 222111,,,999999222 222999,,,333000000 111777,,,777111333 4433,,998833 17,469 6,907 14,581 1122,,337700 30,278 Items in process of collection 6,821 380 989 298 341 559 752 740 284 476 433 350 1,218 Bank premises 1,152 94 145 49 66 127 84 111 30 70 55 161 159 Other assets3 31,122 1,220 10,166 1,295 1,957 2,567 2,392 3,492 863 727 1,121 1,706 3,615 Inierdistrict settlement account 00 ++bb,,447799 --1199,,119999 --11,,221177 •• 338877 ••33,,883344 ••1122,,335522 --33,,669900 •• 228866 --11,,001188 --22,,883322 •2,020 •2,598 TOTAL ASSETS 444444,,330088 2288,,004466 115533,,993377 1177,,885511 2255,,997711 3388,,111155 3344,,444400~~ 4466,,997722 1199,,992277 77,,556677 1144,,112244 17,436 39,923 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 $ 11,676 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 20 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 $ 125 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 DECEMBER 13, 1995 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 395,602 26,139 138,377 15,918 23,557 34,798 30,290 41,716 18,404 6,067 12,332 14,933 33,071 Deposits Depository instifutions 24,238 966 5,232 1,098 1,405 1,758 2,402 3,044 884 701 860 1,546 4,343 U.S. Treasury--general account 5,556 0 5,556 0 0 0 0 0 0 0 0 0 0 Foreign — officiai accounts 179 5 76 6 10 11 13 16 3 4 5 9 20 Other 318 1_ 118 1 v 2 59 __ 4 126 1 3 2 1 1 Total deposits 30,292 972 10,982 1,105 1,417 1,828 ?T<Tl9 3,187 889 707 867 1,556 4,363 Deferred credit items 5,766 347 782 221 204 530 701 585 214 482 411 274 1,017 Other liabilities and accrued dividends1 4,317 224 1,504 208 252 344 246 497 205 106 194 167 370 TOTAL LIABILITIES 435,977 27,682 151,644 17,452 25,430 37,499 33,657 45,985 19,711 7,362 13,804 16,931 38,820 CAPITAL ACCOUNTS Capital paid in 3,960 171 1,057 190 259 291 388 468 98 99 152 246 541 Surplus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 689 53 248 48 25 28 55 100 33 8 29 13 49 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 444,308 28,046 153,937 17,851 25,971 38,115 34,440 46,972 19,927 7,567 14,124 17,436 39,923 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 482,152 31,725 166,861 19,772 27,274 41,854 36,844 49,406 20,919 7,321 14,259 19,657 46,260 Less-Held by F.R. Banks 86,550 5,586 ?«LL485 3,853 3,717 6,554 7,690 2,515 1.254 1,927 4,724 13,189 F.R. notes, net 395,602 26,139 138,377 15,918 23,557 34,798 30,290 41,716 18,404 6,067 12,332 14,933 33,071 Collateral held against F.R. notes Gold certificate account 11,050 Special drawing rights certificate account 10,168 Other eligible assets 0 U.S. govt, and c<ge.ncy securities 374,383 Total collateral 395,602 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