H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: November 19, 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 November 19, 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 Nov 18, 1998 Nov 11, 1998 Nov 19, 1997 Nov 18, 1998 Reserve Bank Credit (1,2) 495,256 + 2,177 + 34,441 494,396 U.S. government securities Bought outright-system account (3) 450,434 + 79 + 32,986 451,617 Held under repurchase agreements 4,084 + 2,181 - 3,490 3,630 Federal agency obligations Bought outright 373 0 - 312 373 Held under repurchase agreements 4,215 + 1,027 + 2,912 4,263 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 72 + 59 - 1 15 Seasonal credit 33 - 13 - 77 24 Extended credit 0 0 0 0 Float 496 - 529 - 1,059 486 Other F.R. assets 35,551 - 625 + 3,482 33,988 Gold stock 11,042 + 1 - 8 11,041 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 26,093 + 14 + 498 26,093 Total factors supplying reserve funds 541,591 + 2,192 + 34,930 540,730 Currency in circulation* 502,563 + 1,584 + 35,372 503,375 Treasury cash holdings* 88 + 1 - 160 98 Deposits,other than reserve balances,with F.R.Banks Treasury 4,801 - 454 - 258 4,720 Foreign 178 - 7 - 92 214 Service-related balances and adjustments (4) 6,778 - 33 - 123 6,778 Other 410 - 6 + 64 406 Other F.R. liabilities and capital 17,220 - 919 + 1,028 16,859 Total factors, other than reserve balances, absorbing reserve funds 532,037 + 166 + 35,833 532,450 Reserve balances with F.R. Banks (5) 9,554 + 2,026 - 902 8,280 On November 18, 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 591,187 million, a change of +$ 12,257 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 20,429 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 20,429 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 19,345 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 19,345 million was with foreign official and international accounts. Includes $ 410 million securities loaned--fully secured U.S. government securities. 3 Includes $ 3,250 million of inflation-indexed securities valued at the original face amount and $ 61 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,562 million and adjustments of $ 216 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 Nov 18, 1998 Nov 11, 1998 Nov 19, 1997 ASSETS Gold certificate account 11,041 0 - 9 Special drawing rights certificate account 9,200 0 0 Coin 404 - 4 - 106 Loans 39 + 1 - 553 Acceptances 0 0 0 Federal agency obligations Bought outright 373 0 - 312 Held under repurchase agreements (1) 4,263 + 658 + 1,662 U.S. government securities Bought outright--Bills 196,355 - 1,402 + 305 Notes (2) 186,646 + 440 + 21,406 Bonds (3) 68,617 + 915 + 11,378 Total bought outright (4) 451,617 - 48 + 33,089 Held under repurchase agreements (1) 3,630 + 2,690 - 3,722 Total U.S. government securities 455,247 + 2,642 + 29,367 Total loans and securities 459,922 + 3,300 + 30,164

Items in process of collection (620) 8,747 - 1,624 + 1,668 Bank premises 1,295 0 + 18 Other assets (5) 32,744 - 2,215 + 3,588 TOTAL ASSETS (620) 523,352 - 542 + 35,323 LIABILITIES Federal Reserve notes 477,785 + 277 + 34,876 Deposits Depository institutions 15,691 + 1,504 - 2,421 U.S. Treasury--general account 4,720 - 551 + 594 Foreign--official accounts 214 + 57 + 34 Other 406 + 16 + 64 Total deposits 21,030 + 1,027 - 1,729 Deferred availability cash items (620) 7,678 - 447 + 1,243 Other liabilities and accrued dividends (6) 4,471 + 116 - 460 TOTAL LIABILITIES (620) 510,965 + 973 + 33,930 CAPITAL ACCOUNTS Capital paid in 5,935 + 3 + 650 Surplus 5,220 0 + 832 Other capital accounts 1,232 - 1,518 - 89 *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 $ 2,450 million of inflation-indexed securities valued at the original face amount and $ 53 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 $ 9 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 19,345 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 410 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 $ 175 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, November 18, 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 37 0 Within 15 days 13,692 - 3,948 4,268 + 658 16 to 90 days 2 0 16 to 90 days 96,249 + 1,147 32 0 Over 90 days 0 0 91 days to 1 year 139,064 + 4,757 100 0 Over 1 to 5 years 107,327 - 584 51 0 Over 5 to 10 years 43,947 + 1,913 185 0 Over 10 years 54,968 - 643 0 0 Total 39 0 Total 455,247 + 2,642 4,636 + 658 1 Includes $ 3,250 million of inflation-indexed securities valued at the original face amount and $ 61 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 November 18, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,041 582 4,201 323 643 807 717 998 358 12 Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 12 Coin 404 26 20 17 18 46 58 49 21 1 Loans 39 0 0 0 0 0 0 2 7 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 373 20 138 11 24 29 23 36 13 Held under repurchase agreements(1) 4,263 0 4,263 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 196,355 10,694 72,777 5,709 12,762 15,468 11,944 18,850 6,900 2,15 Notes (2) 186,646 10,165 69,178 5,426 12,131 14,703 11,354 17,918 6,559 2,05 Bonds (3) 68,617 3,737 25,432 1,995 4,460 5,405 4,174 6,587 2,411 75 Total bought outright(4) 451,617 24,596 167,388 13,130 29,352 35,576 27,472 43,356 15,870 4,96 Held under repurchase agreements(1) 3,630 0 3,630 0 0 0 0 0 0 Total U.S. govt. securities 455,247 24,596 171,018 13,130 29,352 35,576 27,472 43,356 15,870 4,96 Total loans and securities 459,922 24,617 175,419 13,141 29,376 35,605 27,495 43,393 15,891 4,97 Items in process of collection 9,367 672 1,390 426 483 554 1,242 580 116 89 Bank premises 1,295 93 158 50 156 125 80 107 31 13 Other assets(5) 32,744 1,553 9,746 1,428 1,980 4,001 1,998 3,110 848 85 Interdistrict settlement account 0 -1,932 +15,705 +1,076 -4,055 +1,872 -2,481 -1,973 -1,657 +35 TOTAL ASSETS 523,973 26,140 209,841 16,745 29,175 43,803 29,711 47,165 15,948 7,46 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 $ 2,450 million of inflation-indexed securities valued at the original face amount and $ 53 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 $ 9 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 19,345 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 410 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 $ 175 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 November 18, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 477,785 24,052 196,749 15,183 26,277 38,933 26,192 42,542 14,421 5,61 Deposits Depository institutions 15,691 801 3,041 668 1,356 1,190 1,269 2,210 768 68 U.S. Treasury--general account 4,720 0 4,720 0 0 0 0 0 0 Foreign--official accounts 214 7 99 8 9 22 9 14 3 Other 406 0 103 0 3 85 12 178 4 Total deposits 21,031 808 7,963 675 1,368 1,297 1,291 2,403 776 68 Deferred credit items 8,298 474 1,037 228 419 716 1,060 651 326 66 Other liabilities and accrued dividends (1) 4,471 248 1,513 162 288 368 300 429 174 8 TOTAL LIABILITIES 511,585 25,582 207,263 16,248 28,352 41,314 28,842 46,025 15,697 7,06 CAPITAL ACCOUNTS Capital paid in 5,935 268 1,202 211 398 1,236 419 551 119 20 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 1,232 37 321 13 89 435 112 87 11 1 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 523,973 26,140 209,841 16,745 29,175 43,803 29,711 47,165 15,948 7,46 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 597,997 28,832 240,607 17,837 30,343 48,166 37,291 53,313 17,123 7,44 Less--Held by F.R. Banks 120,212 4,780 43,858 2,654 4,066 9,234 11,100 10,771 2,702 1,83 F.R. notes, net 477,785 24,052 196,749 15,183 26,277 38,933 26,192 42,542 14,421 5,61 Collateral held against F.R. notes Gold certificate account 11,041 Special drawing rights certificate account 9,200 Other eligible assets 0 U.S. govt. and agency securities 457,544 Total collateral 477,785 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: November 19, 1998