H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: September 17, 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 September 17, 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 Sep 16, 1998 Sep 9, 1998 Sep 17, 1997 Sep 16, 1998 Reserve Bank Credit (1,2) 486,775 + 502 + 35,222 486,617 U.S. government securities Bought outright-system account (3) 442,785 - 750 + 31,867 442,835 Held under repurchase agreements 8,038 + 1,888 + 430 9,106 Federal agency obligations Bought outright 403 - 48 - 523 403 Held under repurchase agreements 1,729 - 1,230 + 1,169 795 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 27 - 35 - 56 31 Seasonal credit 167 - 17 - 207 173 Extended credit 0 0 0 0 Float 508 + 127 - 189 120 Other F.R. assets 33,117 + 567 + 2,730 33,154 Gold stock 11,045 - 1 - 6 11,045 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 25,944 + 14 + 506 25,944 Total factors supplying reserve funds 532,963 + 514 + 35,721 532,806 Currency in circulation* 493,787 + 962 + 35,184 493,960 Treasury cash holdings* 92 0 - 167 94 Deposits,other than reserve balances,with F.R.Banks Treasury 5,869 + 473 - 938 6,265 Foreign 175 + 13 + 9 163 Service-related balances and adjustments (4) 6,831 - 45 - 169 6,830 Other 358 0 - 4 357 Other F.R. liabilities and capital 16,998 - 253 + 1,094 16,734 Total factors, other than reserve balances, absorbing reserve funds 524,110 + 1,151 + 35,008 524,404 Reserve balances with F.R. Banks (5) 8,853 - 637 + 713 8,402 On September 16, 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 553,835 million, a change of -$ 8,814 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 17,717 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 17,717 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 17,668 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 17,668 million was with foreign official and international accounts. Includes $ 475 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 $ 49 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,700 million and adjustments of $ 131 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 Sep 16, 1998 Sep 9, 1998 Sep 17, 1997 ASSETS Gold certificate account 11,045 + 1 - 5 Special drawing rights certificate account 9,200 0 0 Coin 395 - 2 - 111 Loans 203 + 18 - 209 Acceptances 0 0 0 Federal agency obligations Bought outright 403 - 48 - 523 Held under repurchase agreements (1) 795 - 3,309 - 121 U.S. government securities Bought outright--Bills 198,032 - 664 + 3,238 Notes (2) 178,828 + 1 + 17,345 Bonds (3) 65,975 0 + 10,984 Total bought outright (4) 442,835 - 664 + 31,567 Held under repurchase agreements (1) 9,106 - 1,859 + 181 Total U.S. government securities 451,941 - 2,523 + 31,748 Total loans and securities 453,342 - 5,862 + 30,895

Items in process of collection (462) 7,676 - 2,861 + 875 Bank premises 1,297 + 1 + 30 Other assets (5) 31,819 - 386 + 2,514 TOTAL ASSETS (462) 514,774 - 9,109 + 34,198 LIABILITIES Federal Reserve notes 468,505 - 663 + 34,490 Deposits Depository institutions 15,567 - 8,103 + 2,589 U.S. Treasury--general account 6,265 + 1,326 - 4,721 Foreign--official accounts 163 - 8 + 4 Other 357 + 3 - 15 Total deposits 22,353 - 6,782 - 2,143 Deferred availability cash items (462) 7,182 - 1,566 + 760 Other liabilities and accrued dividends (6) 4,540 - 150 - 175 TOTAL LIABILITIES (462) 502,580 - 9,161 + 32,933 CAPITAL ACCOUNTS Capital paid in 5,950 + 5 + 738 Surplus 5,220 0 + 725 Other capital accounts 1,023 + 47 - 197 *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 $ 42 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 $ 7 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 17,668 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 475 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, September 16, 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 188 0 Within 15 days 24,463 + 4,376 795 - 3,357 16 to 90 days 15 0 16 to 90 days 92,841 - 735 50 + 45 Over 90 days 0 0 91 days to 1 year 137,890 - 6,165 75 - 45 Over 1 to 5 years 101,535 0 93 0 Over 5 to 10 years 41,276 0 185 0 Over 10 years 53,935 0 0 0 Total 203 0 Total 451,941 - 2,523 1,198 - 3,357 1 Includes $ 2,850 million of inflation-indexed securities valued at the original face amount and $ 49 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 September 16, 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 395 14 23 15 23 39 66 55 20 1 Loans 203 0 1 13 0 0 17 31 30 6 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 403 22 149 12 26 32 24 39 14 Held under repurchase agreements(1) 795 0 795 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 198,032 10,785 73,399 5,757 12,871 15,600 12,046 19,011 6,959 2,17 Notes (2) 178,828 9,739 66,281 5,199 11,622 14,087 10,878 17,168 6,284 1,96 Bonds (3) 65,975 3,593 24,453 1,918 4,288 5,197 4,013 6,334 2,318 72 Total bought outright(4) 442,835 24,118 164,133 12,875 28,781 34,884 26,938 42,513 15,562 4,86 Held under repurchase agreements(1) 9,106 0 9,106 0 0 0 0 0 0 Total U.S. govt. securities 451,941 24,118 173,239 12,875 28,781 34,884 26,938 42,513 15,562 4,86 Total loans and securities 453,342 24,140 174,183 12,899 28,807 34,916 26,979 42,582 15,606 4,93 Items in process of collection 8,138 590 947 272 411 501 933 681 346 63 Bank premises 1,297 93 159 50 157 126 79 108 31 13 Other assets(5) 31,819 1,468 10,244 1,358 1,860 3,726 1,876 2,927 815 78 Interdistrict settlement account 0 -1,632 +19,920 -146 -3,666 -2,834 -864 -4,036 -1,800 +24 TOTAL ASSETS 515,236 25,785 212,883 15,054 28,809 38,072 30,388 44,215 15,717 6,99 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 $ 42 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 $ 7 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 17,668 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 475 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 September 16, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 468,505 23,565 198,094 12,866 26,476 33,749 26,808 40,112 14,535 5,45 Deposits Depository institutions 15,567 919 3,523 1,283 905 972 1,434 1,807 436 39 U.S. Treasury--general account 6,265 0 6,265 0 0 0 0 0 0 Foreign--official accounts 163 7 48 8 9 22 9 14 3 Other 357 1 109 1 3 72 0 156 0 Total deposits 22,353 927 9,946 1,291 918 1,067 1,444 1,977 439 39 Deferred credit items 7,644 485 799 234 312 567 879 580 310 65 Other liabilities and accrued dividends (1) 4,540 255 1,535 163 287 377 304 440 181 8 TOTAL LIABILITIES 503,042 25,232 210,374 14,554 27,993 35,760 29,436 43,110 15,464 6,59 CAPITAL ACCOUNTS Capital paid in 5,950 268 1,181 214 398 1,203 472 543 120 19 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 1,023 31 273 14 82 291 142 60 11 1 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 515,236 25,785 212,883 15,054 28,809 38,072 30,388 44,215 15,717 6,99 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 577,941 28,112 237,099 15,711 30,674 42,209 35,632 50,369 17,336 7,31 Less--Held by F.R. Banks 109,436 4,547 39,005 2,845 4,198 8,460 8,824 10,257 2,801 1,85 F.R. notes, net 468,505 23,565 198,094 12,866 26,476 33,749 26,808 40,112 14,535 5,45 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 448,260 Total collateral 468,505 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: September 17, 1998