H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: March 12, 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 March 12, 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 Mar 11, 1998 Mar 4, 1998 Mar 12, 1997 Mar 11, 1998 Reserve Bank Credit (1,2) 467,527 + 1,161 + 30,213 475,036 U.S. government securities Bought outright-system account (3) 430,335 + 1,413 + 35,009 432,521 Held under repurchase agreements 2,850 - 1,150 - 5,495 6,940 Federal agency obligations Bought outright 667 - 7 - 1,344 625 Held under repurchase agreements 2,415 + 407 + 1,121 3,419 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 3 + 1 + 1 2 Seasonal credit 19 + 5 - 7 16 Extended credit 0 0 0 0 Float 596 + 480 + 152 424 Other F.R. assets 30,642 + 13 + 776 31,089 Gold stock 11,049 0 - 1 11,050 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 25,746 + 14 + 620 25,746 Total factors supplying reserve funds 513,522 + 1,175 + 30,831 521,031 Currency in circulation* 473,893 + 1,032 + 30,381 475,059 Treasury cash holdings* 245 + 4 - 38 255 Deposits,other than reserve balances,with F.R.Banks Treasury 4,867 - 580 - 301 4,556 Foreign 159 - 57 - 16 159 Service-related balances and adjustments (4) 7,129 + 100 - 195 7,129 Other 376 + 7 - 32 379 Other F.R. liabilities and capital 16,409 + 212 + 2,013 16,031 Total factors, other than reserve balances, absorbing reserve funds 503,079 + 718 + 31,812 503,567 Reserve balances with F.R. Banks (5) 10,442 + 457 - 980 17,464 On March 11, 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 610,249 million, a change of +$ 1,072 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 16,833 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 16,833 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 16,524 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 16,524 million was with foreign official and international accounts. Includes $ 100 million securities loaned--fully secured U.S. government securities. 3 Includes $ 2050 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 $ 6,704 million and adjustments of $ 425 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 Mar 11, 1998 Mar 4, 1998 Mar 12, 1997 ASSETS Gold certificate account 11,050 0 - 1 Special drawing rights certificate account 9,200 0 0 Coin 551 - 15 - 150 Loans 18 0 - 17 Acceptances 0 0 0 Federal agency obligations Bought outright 625 - 50 - 1,387 Held under repurchase agreements (1) 3,419 + 2,004 + 1,240 U.S. government securities Bought outright--Bills 195,626 - 334 + 4,053 Notes (2) 176,164 + 3,764 + 23,061 Bonds 60,732 0 + 9,333 Total bought outright (3) 432,521 + 3,430 + 36,446 Held under repurchase agreements (1) 6,940 + 3,842 - 5,869 Total U.S. government securities 439,461 + 7,272 + 30,577 Total loans and securities 443,523 + 9,226 + 30,413

Items in process of collection (417) 7,155 - 974 + 580 Bank premises 1,279 + 2 + 31 Other assets (4) 29,753 + 684 + 487 TOTAL ASSETS (417) 502,510 + 8,924 + 31,359 LIABILITIES Federal Reserve notes 450,119 + 686 + 29,741 Deposits Depository institutions 24,828 + 9,482 + 519 U.S. Treasury--general account 4,556 - 223 - 729 Foreign--official accounts 159 - 83 - 63 Other 379 - 1 - 30 Total deposits 29,922 + 9,175 - 303 Deferred availability cash items (417) 6,439 - 1,060 + 406 Other liabilities and accrued dividends (5) 4,840 + 282 + 48 TOTAL LIABILITIES (417) 491,320 + 9,083 + 29,892 CAPITAL ACCOUNTS Capital paid in 5,428 - 52 + 673 Surplus 5,220 0 + 744 Other capital accounts 542 - 108 + 50 *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 $ 21 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Net of $ 16,524 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 100 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, March 11, 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 2 0 Within 15 days 14,600 - 2,794 3,419 + 1,954 16 to 90 days 16 0 16 to 90 days 98,503 + 717 74 + 30 Over 90 days 0 0 91 days to 1 year 139,638 + 7,086 175 + 25 Over 1 to 5 years 97,245 + 2,262 126 - 25 Over 5 to 10 years 39,841 0 225 - 30 Over 10 years 49,633 0 25 0 Total 18 0 Total 439,461 + 7,272 4,044 + 1,954 1 Includes $ 2050 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 March 11, 1998 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 551 33 26 65 36 70 48 73 17 2 Loans 18 0 0 0 0 0 5 6 0 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 625 38 202 21 43 59 42 67 25 Held under repurchase agreements(1) 3,419 0 3,419 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 195,626 11,926 63,275 6,540 13,532 18,613 13,054 20,866 7,792 2,72 Notes (2) 176,164 10,739 56,980 5,889 12,185 16,761 11,756 18,790 7,016 2,45 Bonds 60,732 3,702 19,644 2,030 4,201 5,778 4,053 6,478 2,419 84 Total bought outright(3) 432,521 26,368 139,899 14,460 29,918 41,153 28,862 46,135 17,227 6,02 Held under repurchase agreements(1) 6,940 0 6,940 0 0 0 0 0 0 Total U.S. govt. securities 439,461 26,368 146,839 14,460 29,918 41,153 28,862 46,135 17,227 6,02 Total loans and securities 443,523 26,406 150,460 14,480 29,961 41,212 28,909 46,207 17,252 6,03 Items in process of collection 7,572 424 781 256 287 453 1,159 690 319 48 Bank premises 1,279 94 156 50 139 126 79 107 31 13 Other assets(4) 29,753 1,482 8,471 1,270 1,835 3,791 1,862 2,956 826 80 Interdistrict settlement account 0 -4,165 +25,616 -2,357 -1,369 -9,836 -876 -5,702 -2,085 -69 TOTAL ASSETS 502,927 25,428 192,650 14,397 32,133 37,573 32,508 46,300 17,101 7,06 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 $ 21 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Net of $ 16,524 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 100 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 March 11, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 450,119 22,450 176,425 12,498 29,248 32,508 28,612 41,306 15,697 5,11 Deposits Depository institutions 24,828 1,785 6,914 850 1,514 2,285 1,976 2,627 718 96 U.S. Treasury--general account 4,556 0 4,556 0 0 0 0 0 0 Foreign--official accounts 159 7 44 8 9 22 9 14 3 Other 379 1 103 1 3 67 1 191 0 Total deposits 29,922 1,793 11,617 858 1,527 2,374 1,986 2,831 722 96 Deferred credit items 6,856 400 775 215 299 533 828 577 234 50 Other liabilities and accrued dividends (1) 4,840 293 1,490 189 322 448 343 508 203 10 TOTAL LIABILITIES 491,737 24,935 190,306 13,759 31,396 35,862 31,769 45,223 16,857 6,68 CAPITAL ACCOUNTS Capital paid in 5,428 211 1,114 317 358 840 363 525 115 19 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 542 29 175 48 44 53 37 50 8 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 502,927 25,428 192,650 14,397 32,133 37,573 32,508 46,300 17,101 7,06 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 550,756 27,264 210,552 15,957 32,366 38,995 36,937 49,802 17,915 6,56 Less--Held by F.R. Banks 100,637 4,814 34,127 3,459 3,118 6,488 8,326 8,496 2,218 1,45 F.R. notes, net 450,119 22,450 176,425 12,498 29,248 32,508 28,612 41,306 15,697 5,11 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 429,869 Total collateral 450,119 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: March 12, 1998