H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: January 7, 1999 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 January 7, 1999 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 Jan 6, 1999 Dec 30, 1998 Jan 7, 1998 Jan 6, 1999 Reserve Bank Credit (1,2) 515,752 + 4,794 + 38,848 504,136 U.S. government securities Bought outright-system account (3) 452,321 - 1,870 + 21,348 455,645 Held under repurchase agreements 14,991 + 3,991 + 5,164 4,507 Federal agency obligations Bought outright 338 0 - 347 338 Held under repurchase agreements 8,174 + 2,604 + 6,651 3,353 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 24 - 321 - 328 103 Seasonal credit 12 - 8 - 11 6 Extended credit 0 0 0 0 Float 2,783 - 607 + 794 4,320 Other F.R. assets 37,109 + 1,006 + 5,577 35,864 Gold stock 11,046 + 3 - 1 11,046 Special drawing rights certificate account 9,200 0 0 9,200 Treasury currency outstanding 26,216 + 14 + 662 26,216 Total factors supplying reserve funds 562,213 + 4,811 + 39,508 550,598 Currency in circulation* 516,840 + 108 + 36,187 515,122 Treasury cash holdings* 85 0 - 140 85 Deposits,other than reserve balances,with F.R.Banks Treasury 5,992 - 1,203 + 961 4,960 Foreign 169 - 5 - 75 170 Service-related balances and adjustments (4) 7,044 + 192 + 253 7,045 Other 1,400 + 1,165 + 604 162 Other F.R. liabilities and capital 16,397 - 755 + 761 16,466 Total factors, other than reserve balances, absorbing reserve funds 547,926 - 499 + 38,551 544,010 Reserve balances with F.R. Banks (5) 14,287 + 5,309 + 958 6,588 On January 6, 1999, the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts was 599,947 million, a change of +$ 5,871 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 20,747 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 20,319 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 17,423 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 17,423 million was with foreign official and international accounts. Includes $ 180 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 $ 79 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,781 million and adjustments of $ 264 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 Jan 6, 1999 Dec 30, 1998 Jan 7, 1998 ASSETS Gold certificate account 11,046 0 - 1 Special drawing rights certificate account 9,200 0 0 Coin 353 - 7 - 95 Loans 108 - 1,561 + 82 Acceptances 0 0 0 Federal agency obligations Bought outright 338 0 - 347 Held under repurchase agreements (1) 3,353 - 4,035 + 2,606 U.S. government securities Bought outright--Bills 198,277 + 873 + 1,851 Notes (2) 187,895 0 + 13,689 Bonds (3) 69,474 0 + 10,067 Total bought outright (4) 455,645 + 873 + 25,606 Held under repurchase agreements (1) 4,507 - 11,042 + 232 Total U.S. government securities 460,152 - 10,169 + 25,838 Total loans and securities 463,951 - 15,765 + 28,180

Items in process of collection (711) 13,060 + 4,165 + 498 Bank premises 1,300 + 3 + 28 Other assets (5) 34,524 - 1,285 + 4,456 TOTAL ASSETS (711) 533,434 - 12,888 + 33,067 LIABILITIES Federal Reserve notes 489,345 - 3,179 + 35,598 Deposits Depository institutions 13,765 - 5,166 - 3,867 U.S. Treasury--general account 4,960 - 5,214 - 620 Foreign--official accounts 170 + 4 + 11 Other (5) 162 - 2 - 37 Total deposits (5) 19,057 - 10,378 - 4,513 Deferred availability cash items (706) 8,566 + 1,160 + 1,252 Other liabilities and accrued dividends (6) 4,089 - 375 - 492 TOTAL LIABILITIES (711) 521,057 - 12,772 + 31,844 CAPITAL ACCOUNTS Capital paid in 5,960 + 9 + 521 Surplus 5,952 + 706 + 732 Other capital accounts 465 - 831 - 29 *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 $ 68 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 $ 11 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 17,423 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 0 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, January 6, 1999 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 105 0 Within 15 days 17,251 - 6,219 2,628 - 1,407 16 to 90 days 4 0 16 to 90 days 103,709 + 1,951 752 - 2,628 Over 90 days 0 0 91 days to 1 year 130,973 - 6,279 75 0 Over 1 to 5 years 107,730 + 380 61 0 Over 5 to 10 years 44,822 0 175 0 Over 10 years 55,669 + 1 0 0 Total 108 0 Total 460,152 - 10,169 3,691 - 4,035 1 Includes $ 3,687 million of inflation-indexed securities valued at the original face amount and $ 79 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 January 6, 1999 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,046 582 4,206 323 643 807 717 998 358 12 Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 12 Coin 353 23 14 24 16 53 40 36 18 1 Loans 108 0 0 0 100 0 0 4 2 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 338 18 125 10 22 27 21 32 12 Held under repurchase agreements(1) 3,353 0 3,353 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 198,277 10,799 73,489 5,765 12,887 15,619 12,061 19,035 6,968 2,17 Notes (2) 187,895 10,233 69,641 5,463 12,212 14,801 11,430 18,038 6,603 2,06 Bonds (3) 69,474 3,784 25,750 2,020 4,515 5,473 4,226 6,670 2,441 76 Total bought outright(4) 455,645 24,815 168,881 13,247 29,614 35,893 27,717 43,743 16,012 5,00 Held under repurchase agreements(1) 4,507 0 4,507 0 0 0 0 0 0 Total U.S. govt. securities 460,152 24,815 173,387 13,247 29,614 35,893 27,717 43,743 16,012 5,00 Total loans and securities 463,951 24,834 176,866 13,257 29,736 35,920 27,738 43,779 16,026 5,00 Items in process of collection 13,771 690 1,451 764 835 860 1,891 1,511 676 87 Bank premises 1,300 94 158 50 158 125 82 107 31 13 Other assets(5) 34,524 1,657 10,389 1,518 2,106 4,173 2,127 3,125 916 88 Interdistrict settlement account 0 - 184 + 7,867 + 1,236 - 4,996 + 4,176 + 2,625 - 926 - 1,363 + 57 TOTAL ASSETS 534,145 28,225 204,153 17,455 29,071 46,907 35,823 49,529 17,004 7,73 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 $ 68 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 $ 11 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 17,423 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 180 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 $ 0 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 January 6, 1999 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 489,345 26,270 192,656 16,117 26,027 41,430 32,543 45,215 15,696 6,14 Deposits Depository institutions 13,765 674 1,403 442 1,592 1,764 1,073 1,963 486 36 U.S. Treasury--general account 4,960 0 4,960 0 0 0 0 0 0 Foreign--official accounts 170 7 56 8 9 22 9 54,960 3 7,66 Other 167 1 107 0 4 25 6 1 1 Total deposits 19,062 681 6,525 450 1,604 1,811 1,088 1,978 490 36 Deferred credit items 9,273 486 958 374 349 827 1,054 733 400 73 Other liabilities and accrued dividends (1) 4,089 231 1,399 149 264 327 275 396 162 8 TOTAL LIABILITIES 521,768 27,668 201,538 17,090 28,244 44,394 34,960 48,322 16,747 7,32 CAPITAL ACCOUNTS Capital paid in 5,960 267 1,214 177 400 1,238 418 584 121 20 Surplus 5,952 267 1,208 177 399 1,238 418 583 121 20 Other capital accounts 465 23 193 12 28 37 27 40 16 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 534,145 28,225 204,153 17,455 29,071 46,907 35,823 49,529 17,004 7,73 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 613,734 30,489 239,904 18,459 29,581 50,829 44,354 54,960 18,308 7,66 Less--Held by F.R. Banks 124,390 4,219 47,248 2,342 3,554 9,399 11,811 9,745 2,612 1,52 F.R. notes, net 489,345 26,270 192,656 16,117 26,027 41,430 32,543 45,215 15,696 6,14 Collateral held against F.R. notes Gold certificate account 11,046 Special drawing rights certificate account 9,200 Other eligible assets 5,256 U.S. govt. and agency securities 463,843 Total collateral 489,345 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: January 7, 1999