H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: April 8, 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 April 8, 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 Apr 7, 1999 Mar 31, 1999 Apr 8, 1998 Apr 7, 1999 Reserve Bank Credit (1,2) 511,083 + 1,547 + 43,488 512,590 U.S. government securities Bought outright-system account (3) 466,781 + 1,524 + 33,247 467,237 Held under repurchase agreements 9,002 + 1,139 + 8,134 8,910 Federal agency obligations Bought outright 311 0 - 314 311 Held under repurchase agreements 2,212 - 1,175 + 1,791 2,096 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 168 + 124 + 29 1,030 Seasonal credit 27 + 6 - 3 28 Extended credit 0 0 0 0 Float 45 + 49 - 821 177 Other F.R. assets 32,538 - 119 + 1,426 32,802 Gold stock 11,051 + 3 + 2 11,051 Special drawing rights certificate account 8,200 0 - 1,000 8,200 Treasury currency outstanding 26,523 + 14 + 846 26,523 Total factors supplying reserve funds 556,857 + 1,564 + 43,336 558,364 Currency in circulation* 518,244 + 2,611 + 42,777 520,414 Treasury cash holdings* 135 0 - 126 140 Deposits,other than reserve balances,with F.R.Banks Treasury 5,644 + 484 + 600 5,438 Foreign 245 + 77 + 75 183 Service-related balances and adjustments (4) 6,637 - 180 - 268 6,637 Other 311 + 84 - 97 304 Other F.R. liabilities and capital 17,188 + 97 + 1,325 17,135 Total factors, other than reserve balances, absorbing reserve funds 548,405 + 3,175 + 44,287 550,251 Reserve balances with F.R. Banks (5) 8,452 - 1,611 - 951 8,114 On April 7, 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 602,719 million, a change of +$ 5,165 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Net of $ 17,924 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 17,924 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities. 2 Net of $ 17,942 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 17,942 million was with foreign official and international accounts. Includes $ 78 million securities loaned--fully secured U.S. government securities. 3 Includes $ 4,087 million of inflation-indexed securities valued at the original face amount and $ 88 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Consists of required clearing balances of $ 6,445 million and adjustments of $ 192 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 Apr 7, 1999 Mar 31, 1999 Apr 8, 1998 ASSETS Gold certificate account 11,051 + 2 + 2 Special drawing rights certificate account 8,200 0 - 1,000 Coin 424 - 4 - 86 Loans 1,058 + 812 + 89 Acceptances 0 0 0 Federal agency obligations Bought outright 311 0 - 314 Held under repurchase agreements (1) 2,096 - 3,510 + 1,113 U.S. government securities Bought outright--Bills 197,758 + 999 + 2,555 Notes (2) 195,425 + 457 + 17,619 Bonds (3) 74,055 + 96 + 12,567 Total bought outright (4) 467,237 + 1,551 + 32,740 Held under repurchase agreements (1) 8,910 - 3,820 + 6,885 Total U.S. government securities 476,147 - 2,269 + 39,625

Total loans and securities 479,611 - 4,967 + 40,512 Items in process of collection (618) 8,303 + 1,206 - 180 Bank premises 1,304 + 1 + 21 Other assets (5) 31,410 + 113 + 1,256 TOTAL ASSETS (618) 540,303 - 3,649 + 40,525 LIABILITIES Federal Reserve notes 494,455 + 2,740 + 42,223 Deposits Depository institutions 14,968 - 7,573 - 4,636 U.S. Treasury--general account 5,438 + 64 + 1,056 Foreign--official accounts 183 + 17 + 21 Other (0) 304 + 69 - 94 Total deposits (0) 20,893 - 7,423 - 3,654 Deferred availability cash items (618) 7,821 + 704 + 805 Other liabilities and accrued dividends (6) 4,379 + 51 - 382 TOTAL LIABILITIES (618) 527,547 - 3,928 + 38,991 CAPITAL ACCOUNTS Capital paid in 6,123 + 1 + 635 Surplus 5,952 + 8 + 737 Other capital accounts 681 + 270 + 162 *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 $ 3,267 million of inflation-indexed securities valued at the original face amount and $ 75 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 $ 13 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 17,942 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 78 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, April 7, 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 1,033 0 Within 15 days 18,048 - 8,737 2,096 - 3,510 16 to 90 days 25 0 16 to 90 days 101,247 + 2,944 27 0 Over 90 days 0 0 91 days to 1 year 137,410 + 2,971 79 0 Over 1 to 5 years 112,518 + 255 30 0 Over 5 to 10 years 46,894 + 296 175 0 Over 10 years 60,029 0 0 0 Total 1,058 0 Total 476,147 - 2,269 2,407 - 3,510 1 Includes $ 4,087 million of inflation-indexed securities valued at the original face amount and $ 88 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 April 7, 1999 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,051 582 4,211 323 643 807 717 998 358 12 Special drawing rights certif. acct. 8,200 406 3,215 247 396 683 596 725 232 10 Coin 424 21 19 50 25 52 43 48 16 2 Loans 1,058 1 993 0 0 0 7 8 41 Acceptances 0 0 0 0 0 0 0 0 0 Federal agency obligations Bought outright 311 17 115 9 20 24 19 30 11 Held under repurchase agreements(1) 2,096 0 2,096 0 0 0 0 0 0 U.S. government securities Bought outright--Bills 197,758 10,770 73,297 5,750 12,853 15,578 12,030 18,985 6,949 2,17 Notes (2) 195,425 10,643 72,432 5,682 12,701 15,394 11,888 18,761 6,868 2,14 Bonds (3) 74,055 4,033 27,448 2,153 4,813 5,834 4,505 7,109 2,602 81 Total bought outright(4) 467,237 25,447 173,177 13,584 30,367 36,806 28,422 44,856 16,419 5,13 Held under repurchase agreements(1) 8,910 0 8,910 0 0 0 0 0 0 Total U.S. govt. securities 476,147 25,447 182,087 13,584 30,367 36,806 28,422 44,856 16,419 5,13 Total loans and securities 479,611 25,465 185,291 13,593 30,387 36,831 28,448 44,893 16,471 5,13 Items in process of collection 8,922 465 1,141 395 378 530 1,071 652 331 63 Bank premises 1,304 93 158 50 157 125 89 106 31 13 Other assets(5) 31,410 1,444 10,229 908 1,931 4,389 1,968 2,816 803 70 Interdistrict settlement account 0 + 1,134 + 2,021 + 4,725 - 4,746 - 5,335 - 454 + 6,032 + 774 - 1,29 TOTAL ASSETS 540,922 29,610 206,285 20,291 29,172 38,082 32,479 56,270 19,016 5,57 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 $ 3,267 million of inflation-indexed securities valued at the original face amount and $ 75 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 $ 13 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Net of $ 17,942 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 78 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 April 7, 1999 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 494,455 27,708 193,110 19,031 26,333 32,886 28,798 52,077 17,720 3,91 Deposits Depository institutions 14,968 576 2,128 471 1,319 1,424 1,508 1,967 485 52 U.S. Treasury--general account 5,438 0 5,438 0 0 0 0 0 0 Foreign--official accounts 183 7 67 4 10 30 10 14 3 Other 304 0 140 1 1 143 3 1 5 Total deposits 20,893 582 7,773 476 1,330 1,597 1,522 1,982 492 53 Deferred credit items 8,439 489 1,052 271 388 714 1,007 552 345 61 Other liabilities and accrued dividends (1) 4,379 238 1,538 153 276 357 291 413 168 8 TOTAL LIABILITIES 528,166 29,017 203,473 19,930 28,328 35,555 31,618 55,025 18,725 5,15 CAPITAL ACCOUNTS Capital paid in 6,123 285 1,308 171 401 1,247 415 598 140 21 Surplus 5,952 267 1,208 177 399 1,238 418 583 121 20 Other capital accounts 681 41 296 14 45 42 28 65 30 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 540,922 29,610 206,285 20,291 29,172 38,082 32,479 56,270 19,016 5,57 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 671,979 32,839 265,210 21,707 30,979 51,250 45,185 64,279 21,832 9,45 Less--Held by F.R. Banks 177,524 5,131 72,099 2,677 4,645 18,364 16,387 12,202 4,113 5,53 F.R. notes, net 494,455 27,708 193,110 19,031 26,333 32,886 28,798 52,077 17,720 3,91 Collateral held against F.R. notes Gold certificate account 11,051 Special drawing rights certificate account 8,200 Other eligible assets 0 U.S. govt. and agency securities 475,204 Total collateral 494,455 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: April 8, 1999