H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: June 11, 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 11, 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 10, 1998 Jun 3, 1998 Jun 11, 1997 Jun 10, 1998 Reserve Bank Credit (1,2) 472,597 - 3,950 + 29,231 469,839 U.S. government securities Bought outright-system account (3) 440,534 - 819 + 34,857 439,240 Held under repurchase agreements 0 - 2,838 - 4,512 0 Federal agency obligations Bought outright 551 0 - 1,094 551 Held under repurchase agreements 0 - 593 - 1,285 0 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 112 + 77 + 87 728 Seasonal credit 132 + 4 - 57 142 Extended credit 0 0 0 0 Float 799 + 398 + 470 -1,419 Other F.R. assets 30,469 - 178 + 765 30,598 Gold stock 11,048 - 1 - 2 11,048 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 25,928 + 14 + 631 25,928 Total factors supplying reserve funds 518,772 - 3,937 + 29,860 516,015 Currency in circulation* 481,565 + 105 + 29,963 482,696 Treasury cash holdings* 224 - 3 - 120 207 Deposits,other than reserve balances,with F.R.Banks Treasury 5,031 - 310 - 223 5,087 Foreign 162 + 2 - 9 152 Service-related balances and adjustments (4) 6,589 - 86 - 465 6,589 Other 336 + 16 - 32 346 Other F.R. liabilities and capital 16,709 - 13 + 963 16,656 Total factors, other than reserve balances, absorbing reserve funds 510,616 - 289 + 30,076 511,734 Reserve balances with F.R. Banks (5) 8,157 - 3,648 - 217 4,281 On June 10, 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 603,167 million, a change of -$ 149 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 17,670 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 16,698 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 18,965 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 16,065 million was with foreign official and international accounts. Includes $ 71 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 $ 33 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,449 million and adjustments of $ 140 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 10, 1998 Jun 3, 1998 Jun 11, 1997 ASSETS Gold certificate account 11,048 0 - 2 Special drawing rights certificate account 9,200 0 0 Coin 398 + 14 - 114 Loans 870 + 536 + 573 Acceptances 0 0 0 Federal agency obligations Bought outright 551 0 - 1,046 Held under repurchase agreements (1) 0 - 1,330 - 1,635 U.S. government securities Bought outright--Bills 196,734 - 2,343 + 2,347 Notes (2) 180,591 + 1 + 22,821 Bonds (3) 61,914 0 + 8,998 Total bought outright (4) 439,240 - 2,342 + 34,166 Held under repurchase agreements (1) 0 - 4,194 - 5,759 Total U.S. government securities 439,240 - 6,536 + 28,407

Total loans and securities 440,661 - 7,330 + 26,299 Items in process of collection (465) 6,924 - 1,783 + 795 Bank premises 1,293 + 6 + 46 Other assets (5) 29,280 - 193 + 403 TOTAL ASSETS (465) 498,803 - 9,287 + 27,426 LIABILITIES Federal Reserve notes 457,373 + 429 + 29,348 Deposits Depository institutions 12,860 - 8,660 - 4,445 U.S. Treasury--general account 5,087 - 123 + 311 Foreign--official accounts 152 - 10 - 35 Other 346 + 12 - 15 Total deposits 18,446 - 8,781 - 4,185 Deferred availability cash items (465) 6,328 - 1,137 + 622 Other liabilities and accrued dividends (6) 4,821 - 85 - 118 TOTAL LIABILITIES (465) 486,968 - 9,574 + 25,667 CAPITAL ACCOUNTS Capital paid in 5,789 + 62 + 916 Surplus 5,220 0 + 725 Other capital accounts 826 + 225 + 119 *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 $ 32 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 $ 18,965 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 71 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 $ 164 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 10, 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 759 0 Within 15 days 7,655 - 4,300 0 - 1,330 16 to 90 days 111 0 16 to 90 days 95,934 - 2,597 75 0 Over 90 days 0 0 91 days to 1 year 144,074 + 360 148 + 23 Over 1 to 5 years 97,785 0 103 - 23 Over 5 to 10 years 43,014 + 1 200 0 Over 10 years 50,778 0 25 0 Total 870 0 Total 439,240 - 6,536 551 - 1,330 1 Includes $ 2,450 million of inflation-indexed securities valued at the original face amount and $ 33 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 10, 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 398 15 21 23 21 44 55 50 21 1 Loans 870 0 700 0 0 0 6 29 20 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) 0 0 0 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 196,734 10,715 72,918 5,720 12,786 15,498 11,968 18,887 6,914 2,16 Notes (2) 180,591 9,835 66,934 5,250 11,737 14,226 10,986 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) 439,240 23,922 162,800 12,770 28,547 34,601 26,719 42,168 15,436 4,82 Held under repurchase agreements(1) 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 439,240 23,922 162,800 12,770 28,547 34,601 26,719 42,168 15,436 4,82 Total loans and securities 440,661 23,952 163,704 12,786 28,583 34,644 26,759 42,249 15,474 4,88 Items in process of collection 7,389 472 880 253 357 386 700 695 395 57 Bank premises 1,293 94 158 50 149 126 82 108 31 13 Other assets(5) 29,280 1,411 8,530 1,287 1,784 3,600 1,798 2,836 777 76 Interdistrict settlement account 0 -2,687 +13,743 -438 -1,534 -3,622 +399 -2,293 -882 +14 TOTAL ASSETS 499,268 24,370 194,446 14,567 30,577 36,776 31,113 45,544 16,515 6,77 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 $ 32 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 $ 18,965 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 71 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 $ 164 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 10, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 457,373 22,553 182,761 12,875 28,458 32,705 27,530 41,638 15,349 5,43 Deposits Depository institutions 12,860 535 1,753 756 654 1,008 1,572 1,628 449 33 U.S. Treasury--general account 5,087 0 5,087 0 0 0 0 0 0 Foreign--official accounts 152 7 37 8 9 22 9 14 3 Other 346 1 103 2 7 62 1 165 1 Total deposits 18,446 543 6,981 765 669 1,093 1,583 1,807 453 33 Deferred credit items 6,793 460 658 198 348 526 757 536 275 52 Other liabilities and accrued dividends (1) 4,821 271 1,587 175 310 411 328 472 186 9 TOTAL LIABILITIES 487,433 23,827 191,987 14,013 29,787 34,735 30,198 44,453 16,263 6,39 CAPITAL ACCOUNTS Capital paid in 5,789 264 1,163 268 385 1,037 463 537 122 19 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 826 25 241 14 70 186 113 52 9 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 499,268 24,370 194,446 14,567 30,577 36,776 31,113 45,544 16,515 6,77 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 567,057 26,448 229,058 15,431 31,457 39,705 35,934 50,427 17,590 7,13 Less--Held by F.R. Banks 109,683 3,895 46,297 2,556 2,999 7,000 8,404 8,789 2,241 1,69 F.R. notes, net 457,373 22,553 182,761 12,875 28,458 32,705 27,530 41,638 15,349 5,43 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 437,126 Total collateral 457,373 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 11, 1998