H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: May 28, 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 May 28, 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 May 27, 1998 May 20, 1998 May 28, 1997 May 27, 1998 Reserve Bank Credit (1,2) 471,997 - 1,989 + 29,290 474,465 U.S. government securities Bought outright-system account (3) 440,583 - 930 + 34,527 442,643 Held under repurchase agreements 0 - 421 - 4,889 0 Federal agency obligations Bought outright 551 0 - 1,420 551 Held under repurchase agreements 0 - 150 - 631 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 75 + 69 + 57 1 Seasonal credit 117 + 20 - 92 124 Extended credit 0 0 0 0 Float 324 - 425 + 279 657 Other F.R. assets 30,346 - 152 + 1,459 30,490 Gold stock 11,049 0 - 3 11,049 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 25,900 + 14 + 626 25,900 Total factors supplying reserve funds 518,145 - 1,975 + 29,913 520,614 Currency in circulation* 480,928 + 2,438 + 30,076 482,307 Treasury cash holdings* 237 - 10 - 91 226 Deposits,other than reserve balances,with F.R.Banks Treasury 5,179 - 248 + 126 5,013 Foreign 172 + 4 - 14 179 Service-related balances and adjustments (4) 6,739 - 44 - 319 6,739 Other 359 - 10 - 10 311 Other F.R. liabilities and capital 16,505 + 43 + 1,497 16,294 Total factors, other than reserve balances, absorbing reserve funds 510,119 + 2,172 + 31,266 511,070 Reserve balances with F.R. Banks (5) 8,026 - 4,147 - 1,353 9,544 On May 27, 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 606,305 million, a change of -$ 2,395 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 17,619 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 15,796 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 15,560 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 15,560 million was with foreign official and international accounts. Includes $ 280 million securities loaned--fully secured U.S. government securities. 3 Includes $ 2,450 million of inflation-indexed securities valued at the original face amount and $ 31 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,422 million and adjustments of $ 318 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 May 27, 1998 May 20, 1998 May 28, 1997 ASSETS Gold certificate account 11,049 0 - 2 Special drawing rights certificate account 9,200 0 0 Coin 404 - 30 - 122 Loans 125 - 10 - 101 Acceptances 0 0 0 Federal agency obligations Bought outright 551 0 - 1,420 Held under repurchase agreements (1) 0 - 1,050 - 827 U.S. government securities Bought outright--Bills 200,140 - 178 + 4,533 Notes (2) 180,590 + 1 + 22,819 Bonds (3) 61,914 0 + 8,998 Total bought outright (4) 442,643 - 177 + 36,350 Held under repurchase agreements (1) 0 - 2,945 - 5,213 Total U.S. government securities 442,643 - 3,122 + 31,137 Total loans and securities 443,319 - 4,182 + 28,789

Items in process of collection (469) 10,106 + 2,919 + 1,326 Bank premises 1,287 - 1 + 43 Other assets (5) 29,143 + 218 + 1,217 TOTAL ASSETS (469) 504,508 - 1,075 + 31,251 LIABILITIES Federal Reserve notes 457,038 + 2,310 + 29,088 Deposits Depository institutions 16,656 - 6,069 - 488 U.S. Treasury--general account 5,013 + 317 + 189 Foreign--official accounts 179 + 5 - 44 Other 311 - 61 - 59 Total deposits 22,159 - 5,808 - 402 Deferred availability cash items (469) 9,016 + 2,381 + 1,071 Other liabilities and accrued dividends (6) 4,639 - 76 - 160 TOTAL LIABILITIES (469) 492,853 - 1,194 + 29,597 CAPITAL ACCOUNTS Capital paid in 5,720 + 62 + 894 Surplus 5,220 0 + 725 Other capital accounts 714 + 56 + 35 *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 $ 2,050 million of inflation-indexed securities valued at the original face amount and $ 30 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Includes $ 400 million of inflation-indexed securities valued at the original face amount and $ 1 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 15,560 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 280 million securities loaned--fully secured by U.S. government securities. 5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 155 million in Treasury bills maturing within 90 days. 6 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, May 27, 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 116 0 Within 15 days 16,211 - 1,536 0 - 1,050 16 to 90 days 9 0 16 to 90 days 96,740 + 4,800 50 0 Over 90 days 0 0 91 days to 1 year 139,033 - 6,387 125 0 Over 1 to 5 years 96,868 0 126 0 Over 5 to 10 years 43,013 0 225 0 Over 10 years 50,777 0 25 0 Total 125 0 Total 442,643 - 3,122 551 - 1,050 1 Includes $ 2,450 million of inflation-indexed securities valued at the original face amount and $ 31 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 May 27, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,049 582 4,209 323 643 807 717 998 358 12 Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 12 Coin 404 21 24 29 22 41 48 51 19 1 Loans 125 0 0 1 0 0 5 30 15 4 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 551 30 204 16 36 43 33 53 19 Held under repurchase agreements(1) 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 200,140 10,900 74,180 5,819 13,008 15,766 12,175 19,214 7,033 2,19 Notes (2) 180,590 9,835 66,934 5,250 11,737 14,226 10,985 17,337 6,346 1,98 Bonds (3) 61,914 3,372 22,948 1,800 4,024 4,877 3,766 5,944 2,176 68 Total bought outright(4) 442,643 24,107 164,061 12,869 28,769 34,869 26,926 42,495 15,555 4,86 Held under repurchase agreements(1) 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 442,643 24,107 164,061 12,869 28,769 34,869 26,926 42,495 15,555 4,86 Total loans and securities 443,319 24,137 164,265 12,886 28,804 34,912 26,965 42,577 15,589 4,91 Items in process of collection 10,575 653 1,011 470 529 1,204 1,003 805 471 86 Bank premises 1,287 93 157 50 144 126 82 107 31 13 Other assets(5) 29,143 1,407 8,476 1,223 1,783 3,611 1,797 2,804 774 77 Interdistrict settlement account 0 -2,544 +13,245 -317 -1,615 -3,645 +229 -2,183 -834 +14 TOTAL ASSETS 504,976 24,880 194,589 14,948 30,885 37,848 31,443 46,060 16,748 7,08 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 $ 2,050 million of inflation-indexed securities valued at the original face amount and $ 30 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Includes $ 400 million of inflation-indexed securities valued at the original face amount and $ 1 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 15,560 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 280 million securities loaned--fully secured by U.S. government securities.

5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 155 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 May 27, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 457,038 22,561 180,560 13,127 28,577 32,960 27,678 41,813 15,379 5,48 Deposits Depository institutions 16,656 1,014 3,910 779 785 1,371 1,756 1,762 566 41 U.S. Treasury--general account 5,013 0 5,013 0 0 0 0 0 0 Foreign--official accounts 179 7 64 8 9 22 9 14 3 Other 311 1 139 1 3 43 -38 156 0 Total deposits 22,159 1,022 9,127 787 797 1,437 1,728 1,933 570 41 Deferred credit items 9,485 545 921 310 425 1,060 857 781 375 71 Other liabilities and accrued dividends (1) 4,639 259 1,527 170 298 393 321 453 181 8 TOTAL LIABILITIES 493,322 24,387 192,135 14,394 30,097 35,850 30,584 44,980 16,505 6,70 CAPITAL ACCOUNTS Capital paid in 5,720 214 1,161 268 385 1,036 457 532 116 19 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 714 25 238 13 67 144 63 45 5 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 504,976 24,880 194,589 14,948 30,885 37,848 31,443 46,060 16,748 7,08 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 565,846 26,589 226,630 15,655 31,549 39,775 36,051 50,594 17,607 7,08 Less--Held by F.R. Banks 108,807 4,028 46,070 2,528 2,972 6,815 8,373 8,781 2,227 1,60 F.R. notes, net 457,038 22,561 180,560 13,127 28,577 32,960 27,678 41,813 15,379 5,48 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 436,790 Total collateral 457,038 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: May 28, 1998