H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: December 18, 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 18, 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 17, 1997 Dec 10, 1997 Dec 18, 1996 Dec 17, 1997 Reserve Bank Credit (1,2) 466,694 + 2,660 + 26,220 476,020 U.S. government securities Bought outright-system account (3) 430,419 + 6,026 + 37,632 430,546 Held under repurchase agreements 2,900 - 2,492 - 8,864 9,415 Federal agency obligations Bought outright 685 0 - 1,540 685 Held under repurchase agreements 798 - 114 + 306 1,880 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 278 + 246 + 193 894 Seasonal credit 84 - 1 + 16 84 Extended credit 0 0 0 0 Float 485 - 1,118 - 803 399 Other F.R. assets 31,046 + 114 - 720 32,117 Gold stock 11,049 - 1 + 1 11,049 Special drawing rights certificate account 9,200 0 - 518 9,200 Treasury currency outstanding 25,624 + 14 + 669 25,624 Total factors supplying reserve funds 512,567 + 2,673 + 26,372 521,893 Currency in circulation* 473,103 + 901 + 30,642 475,365 Treasury cash holdings* 231 + 1 - 26 229 Deposits,other than reserve balances,with F.R.Banks Treasury 6,330 + 1,801 - 839 7,493 Foreign 170 - 2 - 6 154 Service-related balances and adjustments (4) 6,804 - 30 - 317 6,804 Other 379 + 31 + 26 381 Other F.R. liabilities and capital 16,192 + 648 + 1,540 16,021 Total factors, other than reserve balances, absorbing reserve funds 503,209 + 3,351 + 31,020 506,447 Reserve balances with F.R. Banks (5) 9,358 - 678 - 4,648 15,446 On December 17, 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 615,850 million, a change of -$ 11,456 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 15,341 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 15,341 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 15,214 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 15,214 million was with foreign official and international accounts. Includes $ 500 million securities loaned--fully secured U.S. government securities. 3 Includes $ 1650 million of inflation-indexed securities valued at the original face amount and $ 21 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 $ 110 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 17, 1997 Dec 10, 1997 Dec 18, 1996 ASSETS Gold certificate account 11,049 - 1 0 Special drawing rights certificate account 9,200 0 - 518 Coin 497 + 13 - 127 Loans 978 + 879 + 730 Acceptances 0 0 0 Federal agency obligations Bought outright 685 0 - 1,540 Held under repurchase agreements (1) 1,880 + 1,880 + 726 U.S. government securities Bought outright--Bills 196,935 + 189 + 4,609 Notes (2) 174,204 + 2,642 + 23,282 Bonds 59,407 0 + 10,068 Total bought outright (3) 430,546 + 2,830 + 37,959 Held under repurchase agreements (1) 9,415 + 7,915 - 13,206 Total U.S. government securities 439,961 + 10,745 + 24,753 Total loans and securities 443,504 + 13,505 + 24,669

Items in process of collection (488) 8,016 - 809 - 924 Bank premises 1,268 - 1 + 37 Other assets (4) 30,855 + 977 - 776 TOTAL ASSETS (488) 504,388 + 13,684 + 22,361 LIABILITIES Federal Reserve notes 450,467 + 1,857 + 30,081 Deposits Depository institutions 22,447 + 7,798 - 7,557 U.S. Treasury--general account 7,493 + 2,994 - 2,496 Foreign--official accounts 154 - 6 - 9 Other 381 - 2 + 22 Total deposits 30,474 + 10,784 - 10,040 Deferred availability cash items (488) 7,426 + 637 + 764 Other liabilities and accrued dividends (5) 4,941 + 288 + 13 TOTAL LIABILITIES (488) 493,308 + 13,566 + 20,817 CAPITAL ACCOUNTS Capital paid in 5,356 + 31 + 779 Surplus 4,389 0 + 528 Other capital accounts 1,335 + 87 + 237 *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 $ 1650 million of inflation-indexed securities valued at the original face amount and $ 21 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Net of $ 15,214 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 500 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 17, 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 971 0 Within 15 days 17,689 + 3,048 1,880 + 1,880 16 to 90 days 7 0 16 to 90 days 98,487 - 565 60 + 50 Over 90 days 0 0 91 days to 1 year 138,369 + 5,620 192 - 50 Over 1 to 5 years 96,201 + 2,641 153 0 Over 5 to 10 years 40,906 0 255 0 Over 10 years 48,308 0 25 0 Total 978 0 Total 439,961 + 10,745 2,565 + 1,880 1 Includes $ 1650 million of inflation-indexed securities valued at the original face amount and $ 21 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 17, 1997 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,049 624 3,936 350 669 965 723 1,069 401 14 Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 12 Coin 497 26 21 55 31 67 51 57 16 2 Loans 978 651 0 3 0 0 0 256 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) 1,880 0 1,880 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 196,935 12,006 63,699 6,584 13,622 18,738 13,142 21,006 7,844 2,74 Notes (2) 174,204 10,620 56,346 5,824 12,050 16,575 11,625 18,581 6,938 2,42 Bonds 59,407 3,622 19,215 1,986 4,109 5,652 3,964 6,337 2,366 82 Total bought outright(3) 430,546 26,247 139,261 14,394 29,781 40,965 28,731 45,924 17,148 5,99 Held under repurchase agreements(1) 9,415 0 9,415 0 0 0 0 0 0 Total U.S. govt. securities 439,961 26,247 148,676 14,394 29,781 40,965 28,731 45,924 17,148 5,99 Total loans and securities 443,504 26,940 150,777 14,419 29,829 41,030 28,776 46,253 17,184 6,04 Items in process of collection 8,504 456 1,076 334 271 608 1,031 731 138 77 Bank premises 1,268 94 153 50 131 126 78 107 31 13 Other assets(4) 30,855 1,306 9,736 1,409 1,853 2,337 2,363 3,347 862 58 Interdistrict settlement account 0 -4,819 +24,956 -1,269 -3,026 -7,615 +114 -8,126 -650 -71 TOTAL ASSETS 504,876 25,158 193,856 15,631 30,333 38,309 33,738 44,339 18,322 7,10 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 $ 1650 million of inflation-indexed securities valued at the original face amount and $ 21 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Net of $ 15,214 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 500 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 17, 1997 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 450,467 22,606 176,843 13,656 27,963 32,055 30,024 39,629 16,255 4,71 Deposits Depository institutions 22,447 1,386 4,534 933 1,026 3,391 1,552 2,288 1,358 1,29 U.S. Treasury--general account 7,493 0 7,493 0 0 0 0 0 0 Foreign--official accounts 154 5 43 9 9 10 13 17 4 Other 381 1 109 11 3 59 2 185 1 Total deposits 30,474 1,392 12,179 952 1,038 3,460 1,568 2,490 1,363 1,30 Deferred credit items 7,914 447 971 261 262 678 1,006 624 237 59 Other liabilities and accrued dividends (1) 4,941 297 1,529 191 334 460 346 517 204 10 TOTAL LIABILITIES 493,796 24,742 191,521 15,061 29,598 36,653 32,943 43,260 18,059 6,71 CAPITAL ACCOUNTS Capital paid in 5,356 197 1,108 284 358 815 359 526 127 19 Surplus 4,389 164 999 262 279 303 405 512 109 10 Other capital accounts 1,335 54 228 24 99 538 32 41 27 9 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 504,876 25,158 193,856 15,631 30,333 38,309 33,738 44,339 18,322 7,10 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 552,564 28,091 209,998 16,922 31,737 39,422 38,851 47,450 18,692 6,55 Less--Held by F.R. Banks 102,097 5,485 33,155 3,265 3,774 7,367 8,828 7,821 2,436 1,83 F.R. notes, net 450,467 22,606 176,843 13,656 27,963 32,055 30,024 39,629 16,255 4,71 Collateral held against F.R. notes Gold certificate account 11,049 Special drawing rights certificate account 9,200 Other eligible assets 0 U.S. govt. and agency securities 430,218 Total collateral 450,467 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 18, 1997