H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: September 24, 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 24, 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 23, 1998 Sep 16, 1998 Sep 24, 1997 Sep 23, 1998 Reserve Bank Credit (1,2) 486,056 - 719 + 33,001 491,403 U.S. government securities Bought outright-system account (3) 444,810 + 2,025 + 33,473 445,804 Held under repurchase agreements 5,675 - 2,363 - 2,834 8,630 Federal agency obligations Bought outright 403 0 - 523 403 Held under repurchase agreements 1,521 - 209 + 796 2,075 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 11 - 16 - 5 9 Seasonal credit 174 + 7 - 205 177 Extended credit 0 0 0 0 Float 657 + 148 + 199 814 Other F.R. assets 32,806 - 311 + 2,101 33,492 Gold stock 11,045 + 1 - 5 11,045 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 25,958 + 14 + 508 25,958 Total factors supplying reserve funds 532,259 - 704 + 33,504 537,606 Currency in circulation* 492,395 - 1,391 + 34,877 493,325 Treasury cash holdings* 94 + 2 - 168 93 Deposits,other than reserve balances,with F.R.Banks Treasury 7,144 + 1,275 + 195 7,508 Foreign 165 - 11 0 166 Service-related balances and adjustments (4) 6,949 + 118 - 124 6,949 Other 370 + 12 + 5 388 Other F.R. liabilities and capital 17,168 + 169 + 985 16,952 Total factors, other than reserve balances, absorbing reserve funds 524,284 + 174 + 35,770 525,380 Reserve balances with F.R. Banks (5) 7,975 - 878 - 2,266 12,226 On September 23, 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 558,948 million, a change of +$ 5,113 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 18,088 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 18,088 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 18,848 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 18,848 million was with foreign official and international accounts. Includes $ 609 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 $ 50 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,701 million and adjustments of $ 248 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 23, 1998 Sep 16, 1998 Sep 24, 1997 ASSETS Gold certificate account 11,045 0 - 5 Special drawing rights certificate account 9,200 0 0 Coin 412 + 17 - 112 Loans 185 - 18 - 197 Acceptances 0 0 0 Federal agency obligations Bought outright 403 0 - 523 Held under repurchase agreements (1) 2,075 + 1,280 + 1,019 U.S. government securities Bought outright--Bills 196,851 - 1,181 + 2,295 Notes (2) 182,977 + 4,149 + 21,494 Bonds (3) 65,976 0 + 10,984 Total bought outright (4) 445,804 + 2,969 + 34,774 Held under repurchase agreements (1) 8,630 - 476 - 3,889 Total U.S. government securities 454,434 + 2,493 + 30,885 Total loans and securities 457,096 + 3,755 + 31,184

Items in process of collection (421) 7,187 - 489 + 762 Bank premises 1,297 0 + 27 Other assets (5) 32,173 + 354 + 2,360 TOTAL ASSETS (421) 518,410 + 3,637 + 34,216 LIABILITIES Federal Reserve notes 467,872 - 634 + 34,550 Deposits Depository institutions 19,325 + 3,758 - 1,860 U.S. Treasury--general account 7,508 + 1,243 + 180 Foreign--official accounts 166 + 3 + 4 Other 388 + 30 + 22 Total deposits 27,387 + 5,034 - 1,654 Deferred availability cash items (421) 6,200 - 982 + 331 Other liabilities and accrued dividends (6) 4,762 + 222 - 229 TOTAL LIABILITIES (421) 506,220 + 3,640 + 32,997 CAPITAL ACCOUNTS Capital paid in 5,912 - 38 + 687 Surplus 5,220 0 + 725 Other capital accounts 1,058 + 34 - 193 *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 $ 43 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 $ 18,848 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 609 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 $ 178 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 23, 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 173 0 Within 15 days 17,677 - 6,786 2,075 + 1,280 16 to 90 days 12 0 16 to 90 days 92,715 - 126 50 0 Over 90 days 0 0 91 days to 1 year 144,183 + 6,293 75 0 Over 1 to 5 years 104,646 + 3,111 93 0 Over 5 to 10 years 41,277 0 185 0 Over 10 years 53,936 0 0 0 Total 185 0 Total 454,434 + 2,493 2,478 + 1,280 1 Includes $ 2,850 million of inflation-indexed securities valued at the original face amount and $ 50 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 23, 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 412 15 23 15 24 43 67 55 21 1 Loans 185 0 0 6 0 0 6 34 33 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) 2,075 0 2,075 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 196,851 10,721 72,961 5,723 12,794 15,507 11,975 18,898 6,918 2,16 Notes (2) 182,977 9,965 67,819 5,320 11,892 14,414 11,131 17,566 6,430 2,01 Bonds (3) 65,976 3,593 24,453 1,918 4,288 5,197 4,013 6,334 2,318 72 Total bought outright(4) 445,804 24,279 165,233 12,961 28,974 35,118 27,119 42,798 15,666 4,89 Held under repurchase agreements(1) 8,630 0 8,630 0 0 0 0 0 0 Total U.S. govt. securities 454,434 24,279 173,863 12,961 28,974 35,118 27,119 42,798 15,666 4,89 Total loans and securities 457,096 24,301 176,087 12,978 29,000 35,150 27,149 42,871 15,713 4,96 Items in process of collection 7,608 547 673 235 352 560 869 729 252 62 Bank premises 1,297 93 158 50 157 126 79 108 31 13 Other assets(5) 32,173 1,499 10,212 1,374 1,895 3,769 1,913 2,998 833 79 Interdistrict settlement account 0 -1,606 +21,190 -790 -4,060 -2,798 -286 -4,442 -1,969 +48 TOTAL ASSETS 518,832 25,961 215,750 14,469 28,585 38,448 31,111 44,216 15,579 7,25 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 $ 43 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 $ 18,848 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 609 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 $ 178 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 23, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 467,872 23,191 198,493 12,940 26,086 33,439 27,316 39,492 14,246 5,50 Deposits Depository institutions 19,325 1,495 4,987 656 1,071 1,687 1,671 2,434 620 67 U.S. Treasury--general account 7,508 0 7,508 0 0 0 0 0 0 Foreign--official accounts 166 7 51 8 9 22 9 14 3 Other 388 1 104 1 3 71 0 180 0 Total deposits 27,387 1,503 12,650 665 1,084 1,780 1,681 2,628 624 67 Deferred credit items 6,622 452 450 197 303 534 844 533 270 59 Other liabilities and accrued dividends (1) 4,762 263 1,641 167 299 390 317 458 187 8 TOTAL LIABILITIES 506,641 25,409 213,235 13,969 27,772 36,143 30,157 43,111 15,328 6,85 CAPITAL ACCOUNTS Capital paid in 5,912 268 1,186 214 398 1,158 472 546 120 20 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 1,058 31 275 14 80 329 143 57 10 1 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 518,832 25,961 215,750 14,469 28,585 38,448 31,111 44,216 15,579 7,25 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 579,127 27,942 237,124 15,974 30,414 42,430 36,244 50,297 17,235 7,34 Less--Held by F.R. Banks 111,255 4,751 38,631 3,034 4,328 8,990 8,928 10,804 2,989 1,83 F.R. notes, net 467,872 23,191 198,493 12,940 26,086 33,439 27,316 39,492 14,246 5,50 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 447,626 Total collateral 467,872 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 24, 1998