H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: August 13, 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 August 13, 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 Aug 12, 1998 Aug 5, 1998 Aug 13, 1997 Aug 12, 1998 Reserve Bank Credit (1,2) 481,990 + 1,309 + 32,405 489,822 U.S. government securities Bought outright-system account (3) 441,906 + 814 + 31,723 442,278 Held under repurchase agreements 2,592 - 2,045 - 2,203 5,755 Federal agency obligations Bought outright 479 - 46 - 560 451 Held under repurchase agreements 3,135 + 1,860 + 2,326 6,135 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 2 - 56 - 6 2 Seasonal credit 243 + 4 - 122 246 Extended credit 0 0 0 0 Float 665 + 571 + 48 1,173 Other F.R. assets 32,969 + 207 + 1,199 33,783 Gold stock 11,045 - 1 - 5 11,045 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 25,934 + 14 + 549 25,934 Total factors supplying reserve funds 528,170 + 1,322 + 32,948 536,001 Currency in circulation* 488,267 + 1,304 + 31,609 489,478 Treasury cash holdings* 138 - 3 - 167 138 Deposits,other than reserve balances,with F.R.Banks Treasury 4,839 - 395 - 126 5,138 Foreign 177 + 16 + 7 163 Service-related balances and adjustments (4) 6,993 + 14 - 98 6,993 Other 330 + 38 - 21 336 Other F.R. liabilities and capital 16,792 - 31 + 1,729 16,737 Total factors, other than reserve balances, absorbing reserve funds 517,535 + 942 + 32,933 518,982 Reserve balances with F.R. Banks (5) 10,634 + 380 + 15 17,019 On August 12, 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 587,542 million, a change of -$ 5,791 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 16,048 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 16,048 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 15,677 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 15,677 million was with foreign official and international accounts. Includes $ 646 million securities loaned--fully secured U.S. government securities. 3 Includes $ 2,850 million of inflation-indexed securities valued at the original face amount and $ 46 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,751 million and adjustments of $ 242 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 Aug 12, 1998 Aug 5, 1998 Aug 13, 1997 ASSETS Gold certificate account 11,045 - 2 - 6 Special drawing rights certificate account 9,200 0 0 Coin 413 + 1 - 80 Loans 248 - 288 - 127 Acceptances 0 0 0 Federal agency obligations Bought outright 451 - 75 - 580 Held under repurchase agreements (1) 6,135 + 4,180 + 4,130 U.S. government securities Bought outright--Bills 200,023 + 369 + 3,443 Notes (2) 178,888 + 1 + 18,363 Bonds (3) 63,367 0 + 9,106 Total bought outright (4) 442,278 + 370 + 30,912 Held under repurchase agreements (1) 5,755 + 5,225 - 5,188 Total U.S. government securities 448,033 + 5,595 + 25,724 Total loans and securities 454,866 + 9,412 + 29,148

Items in process of collection (547) 7,379 - 1,002 + 1,328 Bank premises 1,292 + 3 + 30 Other assets (5) 32,498 + 1,246 + 1,431 TOTAL ASSETS (547) 516,694 + 9,659 + 31,851 LIABILITIES Federal Reserve notes 464,095 + 934 + 31,117 Deposits Depository institutions 23,943 + 9,641 - 1,563 U.S. Treasury--general account 5,138 + 93 + 459 Foreign--official accounts 163 - 5 - 28 Other 336 - 10 - 23 Total deposits 29,579 + 9,719 - 1,154 Deferred availability cash items (547) 6,282 - 1,228 + 450 Other liabilities and accrued dividends (6) 4,700 + 67 - 86 TOTAL LIABILITIES (547) 504,656 + 9,492 + 30,327 CAPITAL ACCOUNTS Capital paid in 5,846 + 5 + 708 Surplus 5,220 0 + 725 Other capital accounts 971 + 162 + 92 *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 $ 40 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Includes $ 800 million of inflation-indexed securities valued at the original face amount and $ 6 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 15,677 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 646 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 $ 130 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, August 12, 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 55 0 Within 15 days 23,237 + 5,484 6,135 + 4,130 16 to 90 days 193 0 16 to 90 days 89,266 - 15 48 0 Over 90 days 0 0 91 days to 1 year 143,570 + 125 114 0 Over 1 to 5 years 96,711 0 104 0 Over 5 to 10 years 43,018 0 185 0 Over 10 years 52,231 0 0 - 25 Total 248 0 Total 448,033 + 5,595 6,586 + 4,105 1 Includes $ 2,850 million of inflation-indexed securities valued at the original face amount and $ 46 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 August 12, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,045 582 4,205 323 643 807 717 998 358 12 Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 12 Coin 413 12 23 14 28 40 71 59 22 1 Loans 248 0 0 0 0 0 7 44 40 9 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 451 25 167 13 29 35 27 43 16 Held under repurchase agreements(1) 6,135 0 6,135 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 200,023 10,894 74,136 5,815 13,000 15,757 12,168 19,203 7,029 2,19 Notes (2) 178,888 9,743 66,303 5,201 11,626 14,092 10,882 17,174 6,286 1,96 Bonds (3) 63,367 3,451 23,487 1,842 4,118 4,992 3,855 6,083 2,227 69 Total bought outright(4) 442,278 24,087 163,926 12,859 28,745 34,840 26,904 42,459 15,542 4,85 Held under repurchase agreements(1) 5,755 0 5,755 0 0 0 0 0 0 Total U.S. govt. securities 448,033 24,087 169,681 12,859 28,745 34,840 26,904 42,459 15,542 4,85 Total loans and securities 454,866 24,112 175,983 12,872 28,774 34,876 26,938 42,546 15,598 4,96 Items in process of collection 7,926 605 757 299 320 496 1,299 560 237 56 Bank premises 1,292 93 159 50 152 128 76 108 31 13 Other assets(5) 32,498 1,537 10,289 1,359 1,936 3,801 1,947 3,004 856 79 Interdistrict settlement account 0 -1,971 +13,203 +43 -2,709 +139 -701 -2,965 -1,029 +55 TOTAL ASSETS 517,240 25,500 207,820 15,243 29,718 41,079 30,950 45,210 16,412 7,27 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 $ 40 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Includes $ 800 million of inflation-indexed securities valued at the original face amount and $ 6 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 15,677 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 646 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 $ 130 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 August 12, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 464,095 22,740 191,405 13,517 26,915 34,857 26,990 40,500 14,890 5,56 Deposits Depository institutions 23,943 1,478 6,262 751 1,407 3,094 1,994 2,459 823 67 U.S. Treasury--general account 5,138 0 5,138 0 0 0 0 0 0 Foreign--official accounts 163 7 48 8 9 22 9 14 3 Other 336 1 103 0 2 86 3 132 0 Total deposits 29,579 1,486 11,551 759 1,419 3,203 2,007 2,605 827 68 Deferred credit items 6,829 464 717 226 287 525 698 558 257 54 Other liabilities and accrued dividends (1) 4,700 258 1,643 166 295 373 312 447 180 8 TOTAL LIABILITIES 505,203 24,949 205,316 14,668 28,916 38,957 30,008 44,110 16,154 6,88 CAPITAL ACCOUNTS Capital paid in 5,846 267 1,180 286 391 1,049 466 539 123 19 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 971 31 269 16 75 255 138 59 14 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 517,240 25,500 207,820 15,243 29,718 41,079 30,950 45,210 16,412 7,27 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 572,144 27,099 233,789 15,837 30,625 41,701 35,604 49,808 17,525 7,21 Less--Held by F.R. Banks 108,049 4,359 42,384 2,321 3,710 6,844 8,614 9,308 2,635 1,65 F.R. notes, net 464,095 22,740 191,405 13,517 26,915 34,857 26,990 40,500 14,890 5,56 Collateral held against F.R. notes Gold certificate account 11,045 Special drawing rights certificate account 9,200 Other eligible assets 0 U.S. govt. and agency securities 443,850 Total collateral 464,095 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: August 13, 1998