H.4.1 Factors Affecting Reserve Balances of Depository Institutions

•J2£&;.* FEDERAL RESERVE These data are scheduled for release each Thursday, The exact time of each release will be announced, when '•^BKS^. the information is available, on (202) 452-3206. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks Narch 14, 1996 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 Mar 13, 1996 Mar 6, 1996 j Mar 15, 1995 Mar 13, l**a Reserve Bank credit1 2 414,681 3,451 10,298 423,44v U.S. government securities Bought outright--systen account 377,113 462 12,698 37?,' , Held under repurchase agreements 2,591 2,591 488 10/V>3 Federal agency obligations Bought outright 2,568 60 923 Held under repurchase agreements 314 314 254 1 "., Acceptances 0 0 0 Loans to depository institutions Adjustment credit 5 5 10 Seasonal credit 7 1 42 Extended credit 0 0 0 Float 1,271 685 851 Other F.R. assets 30,812 389 3,018 31,3c'i= Gold stock 11,053 0 2 ll,f»5i Special drawing rights certificate account 10,168 0 2,150 10, i^* Treasury currency outstanding 24,151 14 975 24,I.^\ Total factors supplying rms9ry% funds 460,053 3,465 • 13,426 468, en Currency in circulation* 415,723 1,381 • 14,434 416,969 Treasury cash holdings* 282 3 67 Deposits, other than reserve balances, with F.R. Banks Treasury 5,507 1,196 333 5 w-'*J* Foreign 181 17 8 Service-related balances and adjustments3 6,432 667 2,061 h , >': 3C* Other 392 5 8 Other F.R. liabilities and capital 13,309 162 459 12,963 Total factors, other than reserve balances, absorbing reserve funds 441,826 3,386 • 17,235 442,4£<3' Reserve balances with F.R. Banks4 18,228 79 3,809 26.3C»3 On March 13, 1996 the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was $ 549,096 million, a change of 4- $ 2,205 million for the week. The total includes the face value of US. Treasury strips and other zero coupon bonds 1 Net of $ 12,193 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 11.958 million was with foreign official and international accounts. Includes securities loaned-fully secured by US government securities. 2 Net of $ 11,847 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 11,847 million was with foreign official and international accounts. Includes $ 170 million securities loaned-fulty secured U.S. government securities. 3 Consists of required clearing balances of $ 5,440 million and adjustments of $ 992 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 K.4 1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since •• WWeeddnneessddaayy Wednesday Wednesday Har 13, 1996 Har 6, 1996 Mar 15, 1995 ASSETS Gold certificate account 11,053 0 * 2 Special drawing rights certificate account 10,168 0 • 2,150 Coin 551 • 11 • 128 Loans 14 1 57 Acceptances 0 0 0 Federal agency obligations Bought outright 2,539 - 50 952 Hsld under repurchase agreements1 1,100 • 1,100 • 775 U.S. government securities Bought outright--Bills 183,605 + 55 • 6,807 Notes 148,885 0 • 5,112 Bonds 44,969 0 • 2,222 Total bought outright2 377,459 • 55 • 14,141 feld under repurchase agreements1 10,493 • 10,493 * 1,475 Total U.S. government securities 387,952 • 10,548 • 15,616 Total loans and securities 391,605 • 11,597 • 15,382 Items in process of collection (450 1 5,932 - 1,133 529 Bank premises 1,150 4 9 • 71 Other ass&-is5 30,229 + 820 2,458 TOTAL ASSETS (450) 450,688 • 11,303 • 14,746 LIABILITIES Federal Rs--arve notes 393,681 1,C73 13,735 Deposits Depository Institutions 32,883 9,976 637 U.S. Treasury -general account 5,205 951 265 Foreign--offIcisi accounts 166 2 1 Other 376 10 37 Total deposits 38,630 • 10,-20 + 336 Deferred availability cash items (450) 5,409 - 766 + 467 Other liabilities and accrued dividends4 4,481 + 406 z 299 TOTAL LIABILITIES (450) 442,201 11,633 14,240 CAPITAL ACCOUNTS Capital, paid in 4,031 2 261 Surplus 3,966 22 £83 Other capital accounts 490 349 38 * 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 $ 0 million was outstanding at the end of the latest statement week 2 Net of S 11,847 million matched sale-purchase transactions outstanding ait the end of the latest statement week. Includes $ 170 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 $ 129 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 13, 1996 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 j Weekly Holdings Holdings changes j changes Within IS days 12 Within 15 days ; 18,050;+ 5,774; 1,113 + l,0o3 16 days to 9(j days 16 days to 90 days j 95,348> 424! 84*; + 7 Over 90 days 0 j 91 days to 1 year j 115,375;+ 4,350; 583j- 20 Over 1 year to b years j 89,228\ 0\ 543' 0 ' Over 5 years to 10 years 32,151 0' 527; 0 i Over 10 years j 37^.8011 0- 25' __ 0 Total 14 ! Total 387^52'+"" 10,548: 3,63* + 1,050 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 13, 1996 Millions of dollars F Kansas | Ssn Total BBoossttoonn || Philadelphia Cleveland Richmond Atlanta Chicago St. touts Minneapolis 08ti®$ 1 New York City j Francisco ASSETS Gold certificate accouni 11,053 557755 4,276 433 621 862 556 1,220 484 203 382 405 1,03 Special drawing rights cartif, acct 10,168 511 3,903 413 584 790 523 1,079 490 180 342 376 97 Coin 551 31 23 31 35 88 74 52 29 24 53 46 6 Loans 14 5 0 1 0 0 1 1 0 2 3 © Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 2,539 125 1,009 110 146 195 118 293 116 46 97 82 20 lk>id under repurchase agreements1 1,100 e 1,100 0 0 0 0 0 0 0 © 0 U,S. government securities Bought outright -Bills 183,605 9,030 72,975 7,966 10,584 14,102 8,524 21,167 8,402 3,315 7,015 5 »,9SS A % »a» / Notes 148,885 7,322 59,175 6,459 8,583 11,435 6,912 17,165 6,813 2,688 5,689 4; 82? 1: ,s Bonds 44,969 22,,221122 1177,,887733 11,,005511 22,,559922 33,,445544 22,,008888 55,,118844 22,,005588 881122____ xx,,77iiee ii,,**ssee ?* Total bought ouI right2 377,459 ""~~ 1188 77556644"" ~~ "" 115500 77002233"" """"116677337766 221177776600"" 2288 77999900"" ""''"" 1177 ,,""552233"" 4433,,551166 ""1177,,227744 66,,881144 ""1144,,442277:: 1122,,2233££ * Held under repurchase agreements1 , 10,493 _ . .. » _ 10,495 0 0 0 0 0 0 0 0 TutaI U.S. 90vi, secur i t ims 5877952 I£,5b* "160, 511> "'167376' 21", 760' """287990" " 177523' '43,516 17,274 " ""6,81*7 " 1H>22~" " l272£t **" Total loans and securities 18,69s 162,625 167487 "" 2l79 0 b" 29,185 17,642 43,810 17,390 ~~6,8b2~ 147522* 127321 I terns in process of collection 6,383 413 925 299 310 546 717 488 266 467 396 341 n Bank premises 1,150 94 146 49 78 126 77 110 30 68 55 157 * Other assets3 30,229 1,293 9,922 1,336 1,800 2,336 2,415 3,487 873 669 1,098 1,552 ^ Interdisirict settlement account 0 •5,912 --2244,,555511 --11,,446688 ••11,,007766 ••77,,118833 ••1100,,337744 --33,,443322 -77b -895 --33,,888899 ••22**777744 * TOTAL ASSETS 451,138 27,523 115577,,226699 1177,,558800 226677441111 4411,,111155"" 3322,,337788 4466,,881144"" 18,786 7,577 1122,,996600 1177,,997711 ** *«, 1 Duos 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 $ 11,847 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 170 million securities loaned- fully secured by US. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates Includes special investment account at Chicago of $ 129 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 13, 1996 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 393,681 24,673 138,348 14,714 23,953 36,392 27,584 41,679 17,223 5,979 11,040 14,262 37,83 Deposits Depository institutions 32,883 1,862 8,810 1,983 1,399 3,105 2,936 3,026 925 821 999 2,755 4,26 U.S. Treasury--general account 5,205 0 5,205 0 0 0 0 0 0 0 0 0 Foreign--offieiai accounts 166 6 61 7 9 11 14 17 4 4 5 9 2 Other 376 1_ 121 1 6 107_ 6 131 1 1 1 1 Total deposits 38,630 1,868 14,197 1,991 1,414 3,223 2,956 3,174 929 825 1,006 2,764 4,28 Deferred credit items 5,859 386 752 236 248 523 753 468 212 457 399 278 1,141 Other liabilities and accrued dividends1 219 1,636 234 246 366 272 481 201 108 190 160 36 TOTAL LIABILITIES 442,651 27,147 154,933 17,175 25,861 40,504 31,565 45,802 18,565 7,368 12,635 17,464 43,63 CAPITAL ACCOUNTS Capital paid in 4,031 178 1,083 193 262 290 397 481 101 101 154 247 54i Surplus 3,966 171 1,057 190 259 292 389 473 98 99 152 246 54; Other capital accounts 490 28 197 21 29 30 27 58 22 9 19 14 3 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 451,138 27,523 157,269 17,580 26,411 41,115 32,378 46,814 18,786 7,577 12,960 17,971 44,75* FEDERAL RESERVE AGENTS• ACCOUNTS F.R. notes outstanding 502,678 30,178 185,723 18,509 27,633 44,123 34,986 50,220 19,947 7,325 13,130 18,870 52,03< Less- Held by F.R. Banks 108,996 _ 5,505 47,375 3^795 3,680_ 7,731 7,402 8,541 2,724 1,346 2,090 4,609 14^191 F.R. notes, net 393,681 247673 138,348~ 14,714 23,953 36,392 27,584 41,679 17,223 5,979 11,040 14,262 ~37,83< Collateral held against F.R. notes Gold certificate account 11,053 Special drawing rights certificate account 10,168 Other eligible assets 0 U.S. govt, and agency securities J572,461 Total collatei al 393,681 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