H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: June 4, 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 June 4, 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 Jun 3, 1998 May 27, 1998 Jun 4, 1997 Jun 3, 1998 Reserve Bank Credit (1,2) 476,574 + 4,577 + 28,712 480,122 U.S. government securities Bought outright-system account (3) 441,353 + 770 + 35,578 441,582 Held under repurchase agreements 2,838 + 2,838 - 5,254 4,194 Federal agency obligations Bought outright 551 0 - 1,288 551 Held under repurchase agreements 593 + 593 - 906 1,330 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 35 - 40 - 200 213 Seasonal credit 129 + 11 - 82 121 Extended credit 0 0 0 0 Float 428 + 103 + 101 1,298 Other F.R. assets 30,648 + 302 + 764 30,834 Gold stock 11,049 0 - 2 11,048 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 25,914 + 14 + 629 25,914 Total factors supplying reserve funds 522,736 + 4,591 + 29,340 526,284 Currency in circulation* 481,459 + 532 + 29,771 482,248 Treasury cash holdings* 226 - 10 - 106 226 Deposits,other than reserve balances,with F.R.Banks Treasury 5,341 + 161 + 348 5,211 Foreign 161 - 11 - 16 162 Service-related balances and adjustments (4) 6,675 - 65 - 450 6,675 Other 320 - 38 - 83 334 Other F.R. liabilities and capital 16,722 + 217 + 806 16,454 Total factors, other than reserve balances, absorbing reserve funds 510,905 + 786 + 30,270 511,310 Reserve balances with F.R. Banks (5) 11,832 + 3,806 - 930 14,974 On June 3, 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 603,316 million, a change of -$ 2,989 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 16,850 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 16,850 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 16,622 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 16,622 million was with foreign official and international accounts. Includes $ 26 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 $ 32 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 $ 253 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 Jun 3, 1998 May 27, 1998 Jun 4, 1997 ASSETS Gold certificate account 11,048 - 1 - 2 Special drawing rights certificate account 9,200 0 0 Coin 383 - 21 - 122 Loans 334 + 209 + 134 Acceptances 0 0 0 Federal agency obligations Bought outright 551 0 - 1,113 Held under repurchase agreements (1) 1,330 + 1,330 + 122 U.S. government securities Bought outright--Bills 199,078 - 1,062 + 2,880 Notes (2) 180,590 + 1 + 22,820 Bonds (3) 61,914 0 + 8,998 Total bought outright (4) 441,582 - 1,061 + 34,698 Held under repurchase agreements (1) 4,194 + 4,194 - 4,765 Total U.S. government securities 445,776 + 3,133 + 29,933 Total loans and securities 447,991 + 4,672 + 29,076

Items in process of collection (500) 8,708 - 1,398 + 1,027 Bank premises 1,286 - 1 + 43 Other assets (5) 29,473 + 331 + 729 TOTAL ASSETS (500) 508,090 + 3,582 + 30,750 LIABILITIES Federal Reserve notes 456,944 - 94 + 29,091 Deposits Depository institutions 21,520 + 4,864 - 911 U.S. Treasury--general account 5,211 + 197 + 913 Foreign--official accounts 162 - 17 - 11 Other 334 + 23 - 44 Total deposits 27,227 + 5,067 - 52 Deferred availability cash items (500) 7,465 - 1,551 + 988 Other liabilities and accrued dividends (6) 4,907 + 267 - 173 TOTAL LIABILITIES (500) 496,542 + 3,689 + 29,854 CAPITAL ACCOUNTS Capital paid in 5,726 + 6 + 886 Surplus 5,220 0 + 725 Other capital accounts 601 - 114 - 715 *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 $ 31 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 $ 16,622 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 26 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 $ 150 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, June 3, 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 233 0 Within 15 days 11,955 - 4,256 1,330 + 1,330 16 to 90 days 101 0 16 to 90 days 98,531 + 1,791 75 + 25 Over 90 days 0 0 91 days to 1 year 143,714 + 4,681 125 0 Over 1 to 5 years 97,784 + 916 126 0 Over 5 to 10 years 43,014 0 200 - 25 Over 10 years 50,777 0 25 0 Total 334 0 Total 445,776 + 3,133 1,881 + 1,330 1 Includes $ 2,450 million of inflation-indexed securities valued at the original face amount and $ 32 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 June 3, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,048 582 4,208 323 643 807 717 998 358 12 Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 12 Coin 383 19 21 24 19 41 49 49 19 1 Loans 334 1 0 0 0 213 6 26 16 5 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) 1,330 0 1,330 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 199,078 10,842 73,786 5,788 12,939 15,682 12,110 19,112 6,996 2,18 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) 441,582 24,050 163,668 12,838 28,700 34,785 26,862 42,393 15,518 4,85 Held under repurchase agreements(1) 4,194 0 4,194 0 0 0 0 0 0 Total U.S. govt. securities 445,776 24,050 167,862 12,838 28,700 34,785 26,862 42,393 15,518 4,85 Total loans and securities 447,991 24,080 169,396 12,854 28,735 35,041 26,901 42,472 15,553 4,90 Items in process of collection 9,208 825 1,394 672 339 542 960 634 315 50 Bank premises 1,286 93 157 50 144 126 82 108 31 13 Other assets(5) 29,473 1,397 8,991 1,210 1,769 3,576 1,780 2,775 769 76 Interdistrict settlement account 0 -2,274 +8,964 -450 -991 -2,635 +261 -1,384 -342 +52 TOTAL ASSETS 508,590 25,253 196,334 14,966 31,233 38,290 31,353 46,552 17,043 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 $ 2,050 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. 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 $ 16,622 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 26 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 $ 150 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 June 3, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 456,944 22,503 181,912 12,990 28,530 32,716 27,441 41,682 15,304 5,36 Deposits Depository institutions 21,520 1,472 4,113 1,009 1,226 2,454 1,802 2,571 977 67 U.S. Treasury--general account 5,211 0 5,211 0 0 0 0 0 0 Foreign--official accounts 162 7 47 8 9 22 9 14 3 Other 334 2 101 0 2 68 1 151 1 Total deposits 27,227 1,481 9,473 1,017 1,237 2,544 1,813 2,736 982 68 Deferred credit items 7,965 511 874 240 378 623 885 594 327 58 Other liabilities and accrued dividends (1) 4,907 271 1,656 176 314 407 330 476 188 9 TOTAL LIABILITIES 497,042 24,767 193,914 14,423 30,458 36,290 30,468 45,489 16,802 6,72 CAPITAL ACCOUNTS Capital paid in 5,726 214 1,161 268 385 1,036 463 532 117 19 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 601 19 203 2 54 146 83 29 2 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 508,590 25,253 196,334 14,966 31,233 38,290 31,353 46,552 17,043 7,10 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 567,000 26,523 228,293 15,522 31,517 39,746 36,072 50,504 17,602 7,09 Less--Held by F.R. Banks 110,056 4,020 46,381 2,532 2,988 7,030 8,631 8,821 2,298 1,72 F.R. notes, net 456,944 22,503 181,912 12,990 28,530 32,716 27,441 41,682 15,304 5,36 Collateral held against F.R. notes Gold certificate account 11,048 Special drawing rights certificate account 9,200 Other eligible assets 0 U.S. govt. and agency securities 436,696 Total collateral 456,944 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: June 4, 1998