H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: January 29, 1998 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 January 29, 1998 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 Jan 28, 1998 Jan 21, 1998 Jan 29, 1997 Jan 28, 1998 Reserve Bank Credit (1,2) 465,445 - 1,051 + 29,262 473,716 U.S. government securities Bought outright-system account (3) 428,462 - 1,255 + 36,507 427,975 Held under repurchase agreements 2,896 + 976 - 4,525 8,978 Federal agency obligations Bought outright 685 0 - 1,354 685 Held under repurchase agreements 422 + 20 - 1,258 760 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 87 - 277 + 72 14 Seasonal credit 16 0 - 2 13 Extended credit 0 0 0 0 Float 617 - 1,201 - 186 2,245 Other F.R. assets 32,260 + 686 + 8 33,046 Gold stock 11,044 - 1 - 3 11,044 Special drawing rights certificate account 9,200 0 - 245 9,200 Treasury currency outstanding 25,700 + 14 + 666 25,700 Total factors supplying reserve funds 511,389 - 1,038 + 29,680 519,661 Currency in circulation* 470,198 - 2,393 + 30,469 470,073 Treasury cash holdings* 219 - 8 - 30 220 Deposits,other than reserve balances,with F.R.Banks Treasury 6,976 - 2,172 - 920 6,846 Foreign 166 + 6 - 10 158 Service-related balances and adjustments (4) 7,585 + 204 + 505 7,585 Other 343 + 14 + 12 334 Other F.R. liabilities and capital 16,083 - 44 + 1,559 15,853 Total factors, other than reserve balances, absorbing reserve funds 501,569 - 4,394 + 31,585 501,069 Reserve balances with F.R. Banks (5) 9,820 + 3,355 - 1,905 18,592 On January 28, 1998, the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was 605,315 million, a change of +$ 2,022 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 17,072 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 17,072 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 17,558 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 17,558 million was with foreign official and international accounts. Includes $ 190 million securities loaned--fully secured U.S. government securities. 3 Includes $ 2050 million of inflation-indexed securities valued at the original face amount and $ 22 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,669 million and adjustments of $ 916 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 Jan 28, 1998 Jan 21, 1998 Jan 29, 1997 ASSETS Gold certificate account 11,044 - 1 - 3 Special drawing rights certificate account 9,200 0 - 200 Coin 532 + 22 - 144 Loans 27 - 355 - 52 Acceptances 0 0 0 Federal agency obligations Bought outright 685 0 - 1,354 Held under repurchase agreements (1) 760 - 596 - 1,770 U.S. government securities Bought outright--Bills 194,841 - 1,577 + 2,562 Notes (2) 173,727 0 + 23,412 Bonds 59,407 0 + 10,068 Total bought outright (3) 427,975 - 1,577 + 36,042 Held under repurchase agreements (1) 8,978 + 2,707 - 4,948 Total U.S. government securities 436,953 + 1,130 + 31,094 Total loans and securities 438,425 + 179 + 27,918

Items in process of collection (403) 8,180 - 3,800 + 1,904 Bank premises 1,274 - 1 + 38 Other assets (4) 32,160 + 1,197 + 65 TOTAL ASSETS (403) 500,816 - 2,403 + 29,578 LIABILITIES Federal Reserve notes 445,125 - 2,339 + 29,504 Deposits Depository institutions 26,426 + 12,503 + 1,138 U.S. Treasury--general account 6,846 - 8,584 - 3,029 Foreign--official accounts 158 - 3 - 41 Other (3) 334 + 4 - 7 Total deposits (3) 33,764 + 3,919 - 1,938 Deferred availability cash items (400) 6,074 - 3,906 + 532 Other liabilities and accrued dividends (5) 4,635 - 83 - 19 TOTAL LIABILITIES (403) 489,598 - 2,410 + 28,079 CAPITAL ACCOUNTS Capital paid in 5,476 + 5 + 785 Surplus 5,220 0 + 725 Other capital accounts 522 + 3 - 10 *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 $ 2050 million of inflation-indexed securities valued at the original face amount and $ 22 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Net of $ 17,558 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 190 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 $ 157 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, January 28, 1998 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 25 0 Within 15 days 21,566 + 1,254 770 - 586 16 to 90 days 2 0 16 to 90 days 92,750 - 574 94 + 4 Over 90 days 0 0 91 days to 1 year 138,887 + 450 150 - 12 Over 1 to 5 years 94,136 0 151 - 2 Over 5 to 10 years 41,306 0 255 0 Over 10 years 48,308 0 25 0 Total 27 0 Total 436,953 + 1,130 1,445 - 596 1 Includes $ 2050 million of inflation-indexed securities valued at the original face amount and $ 22 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 January 28, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,044 624 3,931 350 669 965 723 1,069 401 14 Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 12 Coin 532 26 22 59 31 70 56 67 21 2 Loans 27 0 0 0 0 0 5 2 8 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) 760 0 760 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 194,841 11,878 63,022 6,514 13,477 18,538 13,002 20,783 7,760 2,71 Notes (2) 173,727 10,591 56,192 5,808 12,017 16,530 11,593 18,531 6,919 2,41 Bonds 59,407 3,622 19,215 1,986 4,109 5,652 3,964 6,337 2,366 82 Total bought outright(3) 427,975 26,090 138,429 14,308 29,604 40,720 28,559 45,650 17,046 5,96 Held under repurchase agreements(1) 8,978 0 8,978 0 0 0 0 0 0 Total U.S. govt. securities 436,953 26,090 147,407 14,308 29,604 40,720 28,559 45,650 17,046 5,96 Total loans and securities 438,425 26,133 148,389 14,331 29,651 40,786 28,610 45,725 17,081 5,97 Items in process of collection 8,583 476 902 378 359 506 957 986 343 57 Bank premises 1,274 94 156 51 134 126 79 107 31 13 Other assets(4) 32,160 1,565 10,013 1,310 1,927 3,916 1,955 3,070 886 81 Interdistrict settlement account 0 -3,508 +31,803 -2,108 -2,690 -11,098 -1,453 -7,891 -2,027 -43 TOTAL ASSETS 501,219 25,939 198,418 14,652 30,655 36,063 31,528 44,033 17,077 7,34 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 $ 2050 million of inflation-indexed securities valued at the original face amount and $ 22 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Net of $ 17,558 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 190 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 $ 157 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 January 28, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 445,125 22,216 177,632 12,575 28,371 31,371 28,190 39,108 15,820 4,80 Deposits Depository institutions 26,426 2,468 9,316 1,018 969 2,033 1,499 2,628 611 1,58 U.S. Treasury--general account 6,846 0 6,846 0 0 0 0 0 0 Foreign--official accounts 158 5 45 8 9 22 9 14 3 Other 337 1 101 1 2 60 5 159 0 Total deposits 33,767 2,474 16,308 1,027 980 2,116 1,513 2,800 614 1,58 Deferred credit items 6,474 421 735 229 263 443 763 562 203 46 Other liabilities and accrued dividends (1) 4,635 283 1,421 182 307 430 329 486 197 9 TOTAL LIABILITIES 490,001 25,393 196,096 14,014 29,921 34,359 30,796 42,956 16,835 6,96 CAPITAL ACCOUNTS Capital paid in 5,476 263 1,108 317 357 834 361 526 115 19 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 522 29 160 48 41 52 33 49 5 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 501,219 25,939 198,418 14,652 30,655 36,063 31,528 44,033 17,077 7,34 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 548,150 27,763 208,592 16,470 32,152 38,774 37,823 47,521 18,263 6,61 Less--Held by F.R. Banks 103,025 5,548 30,959 3,895 3,781 7,403 9,632 8,413 2,444 1,80 F.R. notes, net 445,125 22,216 177,632 12,575 28,371 31,371 28,190 39,108 15,820 4,80 Collateral held against F.R. notes Gold certificate account 11,044 Special drawing rights certificate account 9,200 Other eligible assets 0 U.S. govt. and agency securities 424,881 Total collateral 445,125 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: January 29, 1998