H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: October 2, 1997 Release dates Current release Other formats:Screen reader | ASCII 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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks October 2, 1997 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 Oct 1, 1997 Sep 24, 1997 Oct 2, 1996 Oct 1, 1997 Reserve Bank Credit (1,2) 453,327 + 273 + 27,468 453,154 U.S. government securities Bought outright-system account (3) 411,645 + 308 + 25,391 413,046 Held under repurchase agreements 7,645 - 864 + 4,112 5,945 Federal agency obligations Bought outright 917 - 9 - 1,393 865 Held under repurchase agreements 848 + 123 - 156 546 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 6 - 11 - 233 6 Seasonal credit 340 - 39 + 38 297 Extended credit 0 0 0 0 Float 340 - 119 - 238 625 Other F.R. assets 31,587 + 883 - 53 31,823 Gold stock 11,050 0 + 1 11,050 Special drawing rights certificate account 9,200 0 - 518 9,200 Treasury currency outstanding 25,517 + 14 + 716 25,517 Total factors supplying reserve funds 499,095 + 286 + 27,666 498,921 Currency in circulation* 457,259 - 312 + 26,826 458,874 Treasury cash holdings* 255 - 6 - 31 258 Deposits,other than reserve balances,with F.R.Banks Treasury 6,687 - 262 - 128 3,703 Foreign 192 + 27 + 2 217 Service-related balances and adjustments (4) 7,014 - 70 + 475 7,014 Other 378 + 14 + 4 400 Other F.R. liabilities and capital 16,128 - 55 + 2,206 15,918 Total factors, other than reserve balances, absorbing reserve funds 487,914 - 664 + 29,355 486,384 Reserve balances with F.R. Banks (5) 11,181 + 951 - 1,689 12,537 On October 1, 1997, the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was $ 637,946 million, a change of + $ 703 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 15,143 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 15,143 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 14,688 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 14,688 million was with foreign official and international accounts. Includes $ 584 million securities loaned--fully secured U.S. government securities. 3 Includes $ 1,150 million of inflation-indexed securities valued at the original face amount and $ 11 million of compensation that adjusts for the ef inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,746 million and adjustments of $ 267 million to compensate for float. 5 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Components may not add to totals due to rounding. Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of Dollars Change Since * Wednesday Wednesday Wednesday Oct 1, 1997 Sep 24, 1997 Oct 2, 1996 ASSETS Gold certificate account 11,050 0 0 Special drawing rights certificate account 9,200 0 - 518 Coin 526 + 2 - 70 Loans 304 - 79 + 20 Acceptances 0 0 0 Federal agency obligations Bought outright 865 - 60 - 1,444 Held under repurchase agreements (1) 546 - 510 + 102 U.S. government securities Bought outright--Bills 194,917 + 361 + 8,220 Notes (2) 163,138 + 1,655 + 10,746 Bonds 54,991 0 + 7,123 Total bought outright (3) 413,046 + 2,016 + 26,089 Held under repurchase agreements (1) 5,945 - 6,574 + 4,590 Total U.S. government securities 418,991 - 4,558 + 30,679

Total loans and securities 420,706 - 5,207 + 29,356 Items in process of collection (401) 7,376 + 951 - 83 Bank premises 1,268 - 1 + 61 Other assets (4) 30,556 + 743 + 683 TOTAL ASSETS (401) 480,681 - 3,513 + 29,430 LIABILITIES Federal Reserve notes 434,141 + 819 + 26,360 Deposits Depository institutions 19,388 - 1,797 + 1,940 U.S. Treasury--general account 3,703 - 3,625 - 1,724 Foreign--official accounts 217 + 55 + 34 Other 400 + 34 + 21 Total deposits 23,707 - 5,333 + 270 Deferred availability cash items (401) 6,915 + 1,046 + 132 Other liabilities and accrued dividends (5) 4,841 - 150 + 410 TOTAL LIABILITIES (401) 469,604 - 3,619 + 27,172 CAPITAL ACCOUNTS Capital paid in 5,230 + 5 + 695 Surplus 4,389 - 107 + 539 Other capital accounts 1,459 + 208 + 1,024 *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 Includes $ 1,150 million of inflation-indexed securities valued at the original face amount and $ 11 million of compensation that adjusts for the e on the principal of such securities. 3 Net of $ 14,688 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 584 million securities loaned--fully secured by U.S. government securities. 4 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 147 million in Treasury bills maturing within 90 days. 5 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, OCTOBER 1, 1997 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 Loans Acceptances securities (1) obligations Weekly Weekly Holdings changes Holdings changes Within 15 day 81 0 Within 15 days 18,676 - 1,765 551 - 565 16 days to 90 223 0 16 days to 90 days 84,712 - 5,590 76 + 30 Over 90 days 0 0 91 days to 1 year 141,248 + 2,257 202 0 Over 1 year to 5 years 91,956 + 541 303 - 35 Over 5 years to 10 years 37,658 0 255 0 Over 10 years 44,741 0 25 0 Total 304 0 Total 418,991 - 4,558 1411 - 570 1 Includes $ 1,150 million of inflation-indexed securities valued at the original face amount and $ 11 million of compensation that adjusts for the ef inflation on the principal of such securities. Components may not add to totals due to rounding. H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 1, 1997 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Mi ASSETS Gold certificate account 11,050 624 3,937 350 669 965 723 1,069 401 Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 Coin 526 17 20 53 34 74 65 67 21 Loans 304 0 0 0 0 0 5 47 75 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 865 53 280 29 60 82 58 92 34 Held under repurchase agreements(1) 546 0 546 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 194,917 11,883 63,046 6,516 13,483 18,546 13,007 20,791 7,763 Notes (2) 163,138 9,945 52,767 5,454 11,284 15,522 10,886 17,401 6,498 Bonds 54,991 3,352 17,787 1,838 3,804 5,232 3,670 5,866 2,190 Total bought outright(3) 413,046 25,180 133,600 13,808 28,571 39,300 27,563 44,057 16,451 Held under repurchase agreements(1) 5,945 0 5,945 0 0 0 0 0 0 Total U.S. govt. securities 418,991 25,180 139,545 13,808 28,571 39,300 27,563 44,057 16,451 Total loans and securities 420,706 25,234 140,371 13,837 28,631 39,382 27,626 44,197 16,561 Items in process of collection 7,777 449 1,016 176 330 585 882 706 330 Bank premises 1,268 94 154 50 122 126 77 108 30 Other assets(4) 30,556 1,268 9,681 1,395 1,812 2,376 2,331 3,255 880 Interdistrict settlement account -0 -3350 20387 -2077 -2031 -7150 -1666 -3204 -2130 TOTAL ASSETS 481,083 24,865 178,768 14,066 30,140 37,150 30,641 47,098 16,432 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 was outstanding at the end of the latest statement week. 2 Includes $ 1,150 million of inflation-indexed securities valued at the original face amount and $ 11 million of compensation that adjusts for the ef on the principal of such securities. 3 Net of $ 14,688 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 584 million securities loaned--fully secured by U.S. government securities. 4 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 147 million in Treasury bills maturing within 90 days. Components may not add to totals due to rounding. H.4.1 (c)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON OCTOBER 1, 1997 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Mi LIABILITIES Federal Reserve notes 434,141 22,855 164,266 12,003 27,900 33,075 27,371 42,456 15,171 Deposits Depository institutions 19,388 883 5,866 1,054 872 1,241 1,378 2,205 594 U.S. Treasury--general account 3,703 0 3,703 0 0 0 0 0 0 Foreign--official accounts 217 5 106 9 9 10 13 17 4 Other 400 1 126 4 4 107 2 149 0 Total deposits 23,707 890 9,801 1,067 885 1,358 1,394 2,371 598 Deferred credit items 7,317 430 849 229 273 612 775 674 233 Other liabilities and accrued dividends (1) 4,841 292 1,494 189 323 452 340 509 202 TOTAL LIABILITIES 470,005 24,467 176,409 13,488 29,381 35,497 29,880 46,011 16,205 CAPITAL ACCOUNTS Capital paid in 5,230 186 1,100 281 365 809 315 514 105 Surplus 4,389 164 999 262 279 303 405 512 109 Other capital accounts 1,459 49 261 35 115 541 40 61 13 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 481,083 24,865 178,768 14,066 30,140 37,150 30,641 47,098 16,432 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 549,898 29,513 205,525 15,694 32,852 40,049 36,863 50,890 17,580 Less--Held by F.R. Banks 115,757 6,658 41,260 3,691 4,952 6,974 9,492 8,434 2,409 F.R. notes, net 434,141 22,855 164,266 12,003 27,900 33,075 27,371 42,456 15,171 Collateral held against F.R. notes Gold certificate account 11,050 Special drawing rights certificate account 9,200 Other eligible assets 0 U.S. govt. and agency securities 413,891 Total collateral 434,141 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. Release dates Current release Other formats:Screen reader | ASCII Home | Statistical releases Accessibility To comment on this site, please fill out our feedback form. Last update: October 2, 1997