H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: December 10, 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 December 10, 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 Dec 9, 1998 Dec 2, 1998 Dec 10, 1997 Dec 9, 1998 Reserve Bank Credit (1,2) 496,035 - 5,408 + 32,007 498,677 U.S. government securities Bought outright-system account (3) 454,530 + 132 + 30,137 454,775 Held under repurchase agreements 3,509 - 2,205 - 1,884 4,897 Federal agency obligations Bought outright 368 0 - 317 368 Held under repurchase agreements 3,245 - 2,046 + 2,333 3,486 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 2 - 32 - 30 6 Seasonal credit 12 - 4 - 73 11 Extended credit 0 0 0 0 Float 785 + 74 - 819 954 Other F.R. assets 33,584 - 1,326 + 2,659 34,179 Gold stock 11,041 0 - 10 11,041 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 26,135 + 14 + 535 26,135 Total factors supplying reserve funds 542,410 - 5,393 + 32,532 545,052 Currency in circulation* 506,694 - 220 + 34,502 507,863 Treasury cash holdings* 98 - 2 - 132 87 Deposits,other than reserve balances,with F.R.Banks Treasury 5,035 - 270 + 506 4,199 Foreign 154 - 53 - 18 155 Service-related balances and adjustments (4) 6,744 - 468 - 89 6,745 Other 346 - 17 - 1 327 Other F.R. liabilities and capital 16,499 - 306 + 955 16,649 Total factors, other than reserve balances, absorbing reserve funds 535,569 - 1,334 + 35,722 536,024 Reserve balances with F.R. Banks (5) 6,841 - 4,060 - 3,191 9,028 On December 9, 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 596,183 million, a change of +$ 804 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 18,530 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 18,530 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 18,286 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 18,286 million was with foreign official and international accounts. Includes $ 126 million securities loaned--fully secured U.S. government securities. 3 Includes $ 3,687 million of inflation-indexed securities valued at the original face amount and $ 73 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,666 million and adjustments of $ 79 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 Dec 9, 1998 Dec 2, 1998 Dec 10, 1997 ASSETS Gold certificate account 11,041 0 - 10 Special drawing rights certificate account 9,200 0 0 Coin 385 + 8 - 99 Loans 18 - 106 - 81 Acceptances 0 0 0 Federal agency obligations Bought outright 368 0 - 317 Held under repurchase agreements (1) 3,486 + 519 + 3,486 U.S. government securities Bought outright--Bills 197,413 + 560 + 667 Notes (2) 187,890 + 2 + 16,327 Bonds (3) 69,472 0 + 10,065 Total bought outright (4) 454,775 + 562 + 27,059 Held under repurchase agreements (1) 4,897 - 123 + 3,397 Total U.S. government securities 459,672 + 439 + 30,456 Total loans and securities 463,544 + 853 + 33,544

Items in process of collection (584) 8,373 - 884 - 451 Bank premises 1,295 + 1 + 27 Other assets (5) 33,093 - 237 + 3,215 TOTAL ASSETS (584) 526,931 - 260 + 36,227 LIABILITIES Federal Reserve notes 482,201 + 175 + 33,590 Deposits Depository institutions 16,018 - 112 + 1,369 U.S. Treasury--general account 4,199 - 183 - 300 Foreign--official accounts 155 - 16 - 5 Other 327 - 34 - 56 Total deposits 20,698 - 344 + 1,009 Deferred availability cash items (584) 7,383 - 486 + 594 Other liabilities and accrued dividends (6) 4,357 - 20 - 296 TOTAL LIABILITIES (584) 514,639 - 675 + 34,897 CAPITAL ACCOUNTS Capital paid in 5,937 + 1 + 612 Surplus 5,220 + 11 + 832 Other capital accounts 1,135 + 403 - 113 *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 $ 2,867 million of inflation-indexed securities valued at the original face amount and $ 63 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Includes $ 820 million of inflation-indexed securities valued at the original face amount and $ 10 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 18,286 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 126 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 $ 110 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, December 9, 1998 Holdings of securities include securitites held under repurchase agreements, which are classified according to remaining maturity. Millions of dollars U.S. government Federal agency Loans Acceptances securities (1) obligations Weekly Weekly Holdings changes Holdings changes Within 15 days 7 0 Within 15 days 15,130 + 1,751 888 - 2,109 16 to 90 days 10 0 16 to 90 days 104,570 + 4,976 2,630 + 2,628 Over 90 days 0 0 91 days to 1 year 132,137 - 6,290 100 0 Over 1 to 5 years 107,349 + 1 51 0 Over 5 to 10 years 44,819 + 1 185 0 Over 10 years 55,667 0 0 0 Total 18 0 Total 459,672 + 439 3,854 + 519 1 Includes $ 3,687 million of inflation-indexed securities valued at the original face amount and $ 73 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 December 9, 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 385 28 19 23 15 52 53 40 19 1 Loans 18 0 0 2 0 0 0 2 1 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 368 20 136 11 24 29 22 35 13 Held under repurchase agreements(1) 3,486 0 3,486 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 197,413 10,752 73,169 5,740 12,830 15,551 12,009 18,952 6,937 2,16 Notes (2) 187,890 10,233 69,640 5,463 12,211 14,801 11,429 18,038 6,603 2,06 Bonds (3) 69,472 3,784 25,749 2,020 4,515 5,473 4,226 6,669 2,441 76 Total bought outright(4) 454,775 24,768 168,558 13,222 29,557 35,825 27,664 43,659 15,981 4,99 Held under repurchase agreements(1) 4,897 0 4,897 0 0 0 0 0 0 Total U.S. govt. securities 459,672 24,768 173,455 13,222 29,557 35,825 27,664 43,659 15,981 4,99 Total loans and securities 463,544 24,788 177,077 13,235 29,581 35,854 27,687 43,697 15,996 5,00 Items in process of collection 8,957 763 931 444 400 670 1,078 649 318 74 Bank premises 1,295 93 158 50 156 125 81 107 31 13 Other assets(5) 33,093 1,568 10,081 1,452 1,995 3,977 2,013 3,071 863 84 Interdistrict settlement account 0 -519 +12,091 +1,054 -4,309 +1,734 +1,281 -1,238 -2,027 +21 TOTAL ASSETS 527,514 27,834 207,761 16,864 29,054 44,011 33,512 48,223 15,898 7,20 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 $ 2,867 million of inflation-indexed securities valued at the original face amount and $ 63 million of compensation that adjusts for the effects of inflation on the principal of such securities. 3 Includes $ 820 million of inflation-indexed securities valued at the original face amount and $ 10 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 18,286 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 126 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 $ 110 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 December 9, 1998 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 482,201 25,434 195,027 15,397 26,058 39,363 30,210 43,668 14,506 5,72 Deposits Depository institutions 16,018 1,098 3,529 523 1,452 1,089 1,134 2,317 611 35 U.S. Treasury--general account 4,199 0 4,199 0 0 0 0 0 0 Foreign--official accounts 155 7 40 8 9 22 9 14 3 Other 327 0 105 1 1 70 7 111 2 Total deposits 20,698 1,105 7,873 532 1,463 1,181 1,151 2,442 616 36 Deferred credit items 7,966 503 818 328 442 658 1,009 546 352 63 Other liabilities and accrued dividends (1) 4,357 239 1,454 155 276 361 290 414 167 8 TOTAL LIABILITIES 515,222 27,281 205,171 16,412 28,238 41,563 32,661 47,069 15,640 6,80 CAPITAL ACCOUNTS Capital paid in 5,937 266 1,208 175 398 1,237 420 577 119 20 Surplus 5,220 254 1,055 273 335 818 338 502 122 18 Other capital accounts 1,135 33 326 4 82 393 92 75 17 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 527,514 27,834 207,761 16,864 29,054 44,011 33,512 48,223 15,898 7,20 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 608,301 30,006 240,884 18,244 29,909 49,302 41,968 54,309 17,157 7,45 Less--Held by F.R. Banks 126,100 4,571 45,857 2,848 3,851 9,939 11,757 10,642 2,651 1,72 F.R. notes, net 482,201 25,434 195,027 15,397 26,058 39,363 30,210 43,668 14,506 5,72 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 461,960 Total collateral 482,201 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: December 10, 1998