H.4.1 Factors Affecting Reserve Balances of Depository Institutions

liel-OLi l v\ A•i l''iifi ui FEDERAL RESERVE k-^ j 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 :^LRC^ H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks December 28, 1995 Millions of dollars Averages of daily figures Reserve balances of depository institutions at Week ended Change from week ended Wednesday F.R. Banks, Reserve Bank credit, and related items Dec 27, 1995 Dec 20, 1995 Dec 28, 1994 Dec 27, 1995 Reserve Bank credit1 2 424,080 2,143 14,048 425,096 U.S. government securities Bought outright--systen account 378,595 285 14,370 381,141 Held under repurchase agreements 7,997 3,149 1,165 6,724 Federal agency obligations Bought outright 2,636 1 1,006 2,634 Held under repurchase agreements 979 979 67 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 44 472 21 22 Seasonal credit 43 1 75 41 Extended credit 0 0 0 0 Float 954 1,812 524 1,700 Other F.R. assets 32,832 584 206 32,833 Gold stock 11,050 0 0 11,050 Special drawing rights certificate account 10,168 0 2,150 10,168 Treasury currency outstanding 23,937 14 950 23,937 Total factors supplying reserve funds 469,235 2,157 17,147 470,251 Currency in circulation* 422,495 3,708 20,522 424,643 Treasury cash holdings* 270 65 270 Deposits, other than reserve balances, with F.R. Banks Treasury 7,169 1,464 195 5,779 Foreign 172 38 47 178 Service-related balances and adjustments3 5,562 309 599 5,5t>2 Other 296 8 19 279 Other F.R. liabilities and capital 13,070 93 486 12,838 Total factors, other than reserve balances, absorbing reserve funds 449,033 2,412 21,709 449,548 Reserve balances with F.R. Banks* 20,202 255 4,563 20,703 On December 27, 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 $ 500,554 million a change of - $ 1,009 million for the week. The total includes the face value of US Treasury strips and other zero coupon bonds 1 Net of S 11.939 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of S 11,939 million was with foreign official and international accounts. Includes securities loaned—fully secured by U 5 government securities. 2 Net of $ 9,392 million matched sale-purchase transactions outstanding at the end of me latest statement week, of which a net of $ 9,392 million was with foreign official and international accounts Includes $ 820 million securities loaned-fuily secured U S government securities 3 Consists of required clearing balances of S 5.171 million and adjustments of $ 390 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 Dec 27, 1995 Dec 20, 19Q5 Dec 28, 1994 ASSETS Gold certificate account 11,050 0 1 Special drawing rights certificate account 10,168 0 2,150 Coin 433 13 112 Loans 64 3,413 104 Acceptances 0 0 0 Federal agency obligations Bought outright 2,634 3 1,003 Held under repurchase agreements1 0 0 1,000 U.S. government securities Bought outright--Bills 186,059 2,702 8,258 Notes 151,013 0 6,870 Bonds 44,069 0 1,071 Total bought outright2 381,141 2,702 16,199 Held under repurchase agreements1 6,724 1,511 704 Total U.S. government securities 387,865 1,191 16,903 Total loans and securities 390,563 2,225 14,796 Items in process of collection (402) 7,534 2,745 4,386 Bank premises 1,153 0 78 Other assets3 31,656 427 171 TOTAL ASSETS (402) 452,557 4,556 12,579 LIABILITIES Federal Reserve notes 401,409 3,349 19,239 Deposits Depository institutions 25,786 - 2,381 - 4,862 U.S. Treasury--g^-.eral account 5,779 - 5,604 - 1,898 Foreign--official accounts 178 - 42 • 5 Other 279 - 29 + 8 Total deposits 32,022 - 8,057 - 6,747 Deferred availability cash items (402) 6,289 • 274 - 478 Other liabilities and accrued dividends4 4,466 - 126 - 7 TOTAL LIABILITIES (402) 444,186 - 4,561 • 12,007 CAPITAL ACCOUNTS Capital paid in 3,966 • 4 • 281 Surplus 3,683 0 "f 282 Other capital accounts 722 • 1 • 8 * Figures in parentheses are the eliminations made in the consolidation process. 1 Does not include US government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ 2.250 million was outstanding at the end of the latest statement week. 2 Net of $ 9392 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes S 820 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 $ 86 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 27, 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 ;Acceptances Weekly Weekly Holdings Holdings changes changes Within 15 days 63; Within 15 days 23,906,+ 5 .426 240 - 3 lb days to 9<) days oi 16 days to 90 days 87,359- 4 ,634, 474 • 13 Over 90 days oi 91 days to 1 year 122,938 + 400i 527 - 13 Over 1 year to 5 years 85,273, 0' 841 j 0 Over 5 years to 10 years 31,469; 0i 527, 0 Over 10 years 36,921: o: 25! 0 Total 64 Total 387,865> 1,191 2,634 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 27, 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 11,050 575 9,273 933 621 862 556 1,220 989 203 382 905 1 ,031 Special drawing rights certif. acct 10,168 511 3,903 913 589 790 523 1,079 990 180 392 376 97, Coin 933 19 20 26 29 70 69 38 20 20 91 97 3« Loans 64 5 0 0 0 1 5 9 8 18 9 1 11 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 f cederal agency obligations Bought outright 2,634 130 1,097 119 152 202 . 122 309 121 98 101 85 20« Held under repurchase agreements1 0 0 0 0 0 0 0 0 0 0 0 0 C vJ.S. government securities Bought out right--Bills 186,059 9,151 73,950 8,072 10,726 19,290 8,638 21,950 8,515 3,359 7,109 6,033 1« .76*. Notes 151,013 7,927 60,021 6,552 8,706 11,598 7,011 17,910 6,911 2,726 5,770 9,896 i: ,98! 49,069 2,167 17,515 11,,991122 2,590 33,,338855 22,,009966 55,,008811 22,,001177 796 1,689 11,,992299 .991 Bonds Total bought outright2 381,141 18,795 151,986 116677553366 21,972 2299,,227733 1177,,669999 9933,,9999TT 1177,,999922"" 6,881 19,563 1122,,335588 33ii ,25C Meld under repurchase agreements1 6,724 LLL °°° 666,,,777222999 00 000 000 000 0 0 0 0 0 f Total U.S. govt, securities [[ 338877,,886655 111555888,,,222111000 1166,,553366 222111,,,999777222 222999,,,222777333 111777222666999999 9933,,999911 1177,,999922 6,881 19,563 12,358 3i ,251 Total loans and securities [[ 339900//556633 111 111888,,,777999555 111555999,,,222555777 16,650 222222,,,111222999 222999,,,999777777 111777,,,888222222 9999,,229999"" 1177,,557711 6,996 19,668 12,999 3i ,97i 111 111888,,,888888000 Items in process of collection 7,936 583 1,317 393 934 632 816 659 398 580 956 315 i ,35* Bank premises 1/153 94 197 99 66 127 85 110 30 71 55 161 15« Other assets3 31,656 1/295 10,921 1,324 1,995 2,596 2,929 3,500 886 737 1,192 1,723 .657 Interdistr ict settlement account 0 ||++77,,001177 -29,103 -352 ++ 556644 ••33,,776666 ••1122,,991144 --99,,119911 •• 119955 --11,,225566 --22,,995599 ++22,,996655 •• 934 TOTAL ASSETS 952,959 JJ 2288,,992233 155,236 18,936 2266,,441133 3388,,3311SS 3355,,221144 9966,,770088 2200,,002299 77,,9977<<55 1199,,113322 1177,,993377 ,63* 1 Does not include US government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 2,250 million was outstanding at the end of the latest statement week. 2 Net of $ 9,392 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 820 million securities lonned-fully secured by U.S. government securities 3 IncltiUes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 86 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 27, 1995 Millions of dollars Kansas San Total Boston New York PhilaOU elphia CI eveland R ichmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco LIABILITIES Federal Reserve notes 401,409 26,245 138,946 16,213 23,503 35,017 31,448 41,674 18,465 6,013 12,279 15,679 35,928 Deposits Depository institutions 25,786 1,650 5,084 1,864 1,837 1,701 2,042 2,906 891 593 934 1,319 4,966 U.S. Treasury--general account 5,779 0 5,779 0 0 0 0 0 0 0 0 0 0 Foreign — official accounts 178 5 75 6 10 11 13 16 3 4 5 9 20 Other 279 2 144 2 3 25 5 87 0 3 2 4 1 Total deposits 32,022 1,657 11,081 1,872 1,851 1,738 2,060 3,009 695 599 941 1,332 4,987 Deferred credit items 6,691 432 1,279 242 260 605 659 529 241 556 397 255 1,237 Other liabilities and accrued dividends1 4,^466 226 1,628 209 257 344 249 506 209 106 197 166 370 TOTAL LIABILITIES 444,587 28,560 152,934 18,537 25,870 37,703 34,415 45,718 19,809 7,274 13,814 17,432 42,523 CAPITAL ACCOUNTS Capital paid in 3,966 171 1,057 190 259 292 389 473 98 99 152 246 541 Sur plus 3,683 139 988 161 258 296 341 419 85 98 139 247 512 Other capital accounts 722 52 258 48 27 28 69 99 32 8 28 12 62 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 452,959 28,923 155,236 18,936 26,413 38,319 35,214 46,708 20,024 7,479 14,132 17,937 43,639 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 482,173 31,527 167,797 19,641 26,686 41,440 37,055 48,534 20,766 7,149 13,925 19,824 47,630 Less--Held by F.R. Banks 80,765 5,282 28,851 3,427 3,383 6,423 5,608 6,860 2^302 1,136 1,646 4,145 11,703 F.R. notes, net 401,409 26,245 138,946 16,213 23,503 35,017 31,448 41,674 18,465 6,013 12,279 15,679 35,928 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 agency securities 380,191 Total collateral 401,409 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