H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: December 11, 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 December 11, 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 Dec 10, 1997 Dec 3, 1997 Dec 11, 1996 Dec 10, 1997 Reserve Bank Credit (1,2) 464,043 - 3,025 + 29,410 466,105 U.S. government securities Bought outright-system account (3) 424,393 + 4,451 + 31,248 427,716 Held under repurchase agreements 5,393 - 7,182 - 1,113 1,500 Federal agency obligations Bought outright 685 0 - 1,549 685 Held under repurchase agreements 912 - 1,255 - 483 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 32 - 13 + 28 14 Seasonal credit 85 - 5 + 19 85 Extended credit 0 0 0 0 Float 1,612 + 1,235 + 922 4,954 Other F.R. assets 30,932 - 257 + 338 31,152 Gold stock 11,050 0 + 2 11,050 Special drawing rights certificate account 9,200 0 - 518 9,200 Treasury currency outstanding 25,610 + 14 + 667 25,610 Total factors supplying reserve funds 509,903 - 3,011 + 29,562 511,965 Currency in circulation* 472,202 + 334 + 30,299 473,505 Treasury cash holdings* 230 - 4 - 34 231 Deposits,other than reserve balances,with F.R.Banks Treasury 4,529 - 234 - 397 4,499 Foreign 172 - 2 + 2 160 Service-related balances and adjustments (4) 6,834 - 349 - 46 6,835 Other 348 - 62 + 9 383 Other F.R. liabilities and capital 15,544 - 59 + 1,395 15,615 Total factors, other than reserve balances, absorbing reserve funds 499,858 - 375 + 31,228 501,227 Reserve balances with F.R. Banks (5) 10,045 - 2,636 - 1,667 10,738 On December 10, 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 627,306 million, a change of +$ 2,829 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 15,692 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 15,692 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 15,403 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 15,403 million was with foreign official and international accounts. Includes $ 30 million securities loaned--fully secured U.S. government securities. 3 Includes $ 1550 million of inflation-indexed securities valued at the original face amount and $ 19 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,694 million and adjustments of $ 141 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 Dec 10, 1997 Dec 3, 1997 Dec 11, 1996 ASSETS Gold certificate account 11,050 0 + 2 Special drawing rights certificate account 9,200 0 - 518 Coin 484 0 - 134 Loans 99 - 92 + 28 Acceptances 0 0 0 Federal agency obligations Bought outright 685 0 - 1,540 Held under repurchase agreements (1) 0 - 1,025 - 1,523 U.S. government securities Bought outright--Bills 196,747 + 2,442 + 3,700 Notes (2) 171,562 + 4,392 + 20,641 Bonds 59,407 + 1,214 + 10,068 Total bought outright (3) 427,716 + 8,048 + 34,409 Held under repurchase agreements (1) 1,500 - 16,447 - 4,419 Total U.S. government securities 429,216 - 8,399 + 29,990 Total loans and securities 429,999 - 9,516 + 26,955

Items in process of collection (495) 8,824 + 640 + 1,666 Bank premises 1,268 + 4 + 37 Other assets (4) 29,878 - 150 + 89 TOTAL ASSETS (495) 490,703 - 9,021 + 28,097 LIABILITIES Federal Reserve notes 448,610 + 685 + 29,937 Deposits Depository institutions 14,649 - 10,228 - 3,378 U.S. Treasury--general account 4,499 + 288 - 398 Foreign--official accounts 160 - 13 - 8 Other (-1) 383 + 52 + 32 Total deposits (-1) 19,690 - 9,901 - 3,752 Deferred availability cash items (496) 6,789 - 37 + 533 Other liabilities and accrued dividends (5) 4,653 - 247 - 67 TOTAL LIABILITIES (495) 479,742 - 9,500 + 26,651 CAPITAL ACCOUNTS Capital paid in 5,325 + 10 + 741 Surplus 4,389 + 3 + 528 Other capital accounts 1,248 + 466 + 178 *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 $ 1550 million of inflation-indexed securities valued at the original face amount and $ 19 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Net of $ 15,403 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 184 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, December 10, 1997 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum majority of the agreements. Millions of dollars U.S. government Federal agency Loans Acceptances securities (1) obligations Weekly Weekly Holdings changes Holdings changes Within 15 days 17 0 Within 15 days 14,641 - 14,237 0 - 1,025 16 to 90 days 81 0 16 to 90 days 99,052 + 6,390 10 0 Over 90 days 0 0 91 days to 1 year 132,749 - 4,211 242 + 45 Over 1 to 5 years 93,560 + 1,832 153 - 45 Over 5 to 10 years 40,905 + 613 255 0 Over 10 years 48,308 + 1,214 25 0 Total 99 0 Total 429,216 - 8,399 685 - 1,025 1 Includes $ 1550 million of inflation-indexed securities valued at the original face amount and $ 19 million of compensation that adjusts for the effects of 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 December 10, 1997 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,050 624 3,937 350 669 965 723 1,069 401 14 Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 12 Coin 484 24 20 56 29 66 47 56 14 2 Loans 99 1 0 0 0 0 13 14 8 3 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 685 42 221 23 47 65 46 73 27 1 Held under repurchase agreements(1) 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 196,747 11,994 63,638 6,577 13,609 18,720 13,129 20,986 7,836 2,74 Notes (2) 171,562 10,459 55,492 5,735 11,867 16,324 11,448 18,300 6,833 2,38 Bonds 59,407 3,622 19,215 1,986 4,109 5,652 3,964 6,337 2,366 82 Total bought outright(3) 427,716 26,075 138,345 14,299 29,586 40,696 28,542 45,622 17,035 5,95 Held under repurchase agreements(1) 1,500 0 1,500 0 0 0 0 0 0 Total U.S. govt. securities 429,216 26,075 139,845 14,299 29,586 40,696 28,542 45,622 17,035 5,95 Total loans and securities 429,999 26,117 140,067 14,322 29,633 40,761 28,600 45,709 17,071 6,00 Items in process of collection 9,319 517 872 314 388 831 1,332 817 378 48 Bank premises 1,268 94 153 50 131 126 78 108 31 13 Other assets(4) 29,878 1,287 8,964 1,397 1,827 2,301 2,340 3,309 848 58 Interdistrict settlement account 0 -4,458 +30,228 -1,272 -3,578 -9,670 -943 -7,275 -1,573 -1,39 TOTAL ASSETS 491,199 24,734 187,443 15,499 29,674 36,172 32,779 44,693 17,510 6,09 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 $ 1550 million of inflation-indexed securities valued at the original face amount and $ 19 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Net of $ 15,403 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 30 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 $ 184 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 December 10, 1997 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 448,610 22,738 175,443 13,605 27,614 32,248 29,515 40,458 16,215 4,59 Deposits Depository institutions 14,649 837 2,834 890 756 914 1,364 1,856 618 47 U.S. Treasury--general account 4,499 0 4,499 0 0 0 0 0 0 Foreign--official accounts 160 5 49 9 9 10 13 17 4 Other 382 3 103 11 4 62 3 185 1 Total deposits 19,689 845 7,484 909 768 986 1,380 2,057 623 48 Deferred credit items 7,285 454 809 234 251 846 777 592 215 53 Other liabilities and accrued dividends (1) 4,653 287 1,373 187 316 441 334 497 198 9 TOTAL LIABILITIES 480,237 24,323 185,109 14,935 28,949 34,520 32,006 43,604 17,251 5,71 CAPITAL ACCOUNTS Capital paid in 5,325 197 1,108 281 358 815 336 526 122 19 Surplus 4,389 164 999 262 279 303 405 512 109 10 Other capital accounts 1,248 50 227 20 88 535 32 50 28 8 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 491,199 24,734 187,443 15,499 29,674 36,172 32,779 44,693 17,510 6,09 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 550,179 28,409 209,186 16,891 31,378 39,243 38,091 48,142 18,337 6,38 Less--Held by F.R. Banks 101,569 5,671 33,744 3,286 3,764 6,996 8,576 7,684 2,122 1,78 F.R. notes, net 448,610 22,738 175,443 13,605 27,614 32,248 29,515 40,458 16,215 4,59 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 428,360 Total collateral 448,610 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: December 11, 1997