H.4.1 Factors Affecting Reserve Balances of Depository Institutions

Skip to Content Release Date: November 12, 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 November 12, 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 Nov 10, 1999 Nov 3, 1999 Nov 11, 1998 Nov 10, 1999 Reserve Bank Credit 552,242 + 1,511 + 59,209 555,322 U.S. government securities (1) Bought outright-system account (2,3) 491,960 + 1,044 + 41,605 491,928 Held under repurchase agreements 0 0 - 1,903 0 Federal agency obligations (1) Bought outright 187 - 1 - 186 181 Held under repurchase agreements 0 0 - 3,188 0 Repurchase agreements -- triparty (4) 24,151 + 351 + 24,151 27,820 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 91 - 13 + 78 27 Seasonal credit 64 - 51 + 18 58 Special Liquidity Facility 5 - 31 + 5 7 Extended credit 0 0 0 0 Float 522 + 245 - 472 -159 Other F.R. assets 35,262 - 34 - 899 35,459 Gold stock 11,049 0 + 8 11,049 Special drawing rights certificate account 7,200 0 - 2,000 7,200 Treasury currency outstanding 27,527 + 14 + 1,414 27,527 Total factors supplying reserve funds 598,017 + 1,524 + 58,630 601,097 Currency in circulation* 562,739 + 5,675 + 61,726 567,168 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 95 + 1 + 8 95 Deposits,other than reserve balances,with F.R.Banks Treasury 4,814 - 154 - 442 4,870 Foreign 187 + 10 + 2 161 Service-related balances and adjustments (5) 7,134 - 142 + 341 7,134 Other 246 + 16 - 170 242 Other F.R. liabilities and capital 18,313 - 11 + 175 17,943 Total factors, other than reserve balances, absorbing reserve funds 593,528 + 5,396 + 61,639 597,612 Reserve balances with F.R. Banks (6) 4,489 - 3,872 - 3,010 3,485 On November 10, 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 606,797 million, a change of -$ 3,260 million for the week. The total includes the face value of U.S. Treasury strips and other zero coupon bonds. 1 Face value of the securities. 2 Net of $ 15,448 million (daily average over statement week) and $ 15,483 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 15,448 million (daily average) and $ 15,483 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 1,388 million (daily average) and $ 2,230 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 5,476 million of inflation-indexed securities valued at the original face amount and $ 199 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities. 5 Consists of required clearing balances of $ 6,826 million and adjustments of $ 308 million to compensate for float. 6 Excludes required clearing balances and adjustments to compensate for float. * Estimated (Treasury's figures). Components may not add to totals due to rounding. Note: on November 10, 1999, option contracts on repurchase agreements were outstanding as follows: $ 73,950 million with exercise dates from December 23, 1999 through December 29, 1999; $ 143,000 million with exercise dates from December 30, 1999 through January 5, 2000; and $ 89,000 million with exercise dates from January 6, 2000 through January 12, 2000. Further details on these contracts can be found on the website of the Federal Reserve Bank of New York (http://www.newyorkfed.org/pihome/news/announce). Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of Dollars Change Since * Wednesday Wednesday Wednesday Nov 10, 1999 Nov 3, 1999 Nov 11, 1998 ASSETS Gold certificate account 11,049 0 + 8 Special drawing rights certificate account 7,200 0 - 2,000 Coin 289 - 16 - 119 Loans 92 - 732 + 53 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 27,820 + 1,240 + 27,820 Federal agency obligations (2) Bought outright 181 - 7 - 192 Held under repurchase agreements 0 0 - 3,605

U.S. government securities (2) Bought outright--Bills 200,217 + 394 + 2,460 Notes (3) 211,279 + 4 + 25,073 Bonds (4) 80,432 + 2 + 12,730 Total bought outright (5) 491,928 + 399 + 40,263 Held under repurchase agreements (1) 0 0 - 940 Total U.S. government securities 491,928 + 399 + 39,323 Total loans and securities 520,021 + 901 + 63,399 Items in process of collection (821) 6,984 - 1,450 - 3,386 Bank premises 1,347 + 1 + 52 Other assets (6) 33,919 + 402 - 1,039 TOTAL ASSETS (821) 580,809 - 161 + 56,915 LIABILITIES Federal Reserve notes 540,025 + 6,301 + 62,517 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 10,277 - 5,203 - 3,909 U.S. Treasury--general account 4,870 - 740 - 401 Foreign--official accounts 161 - 1 + 4 Other (0) 242 - 16 - 148 Total deposits (0) 15,551 - 5,960 - 4,452 Deferred availability cash items (821) 7,291 - 405 - 835 Other liabilities and accrued dividends (7) 4,343 - 17 - 13 TOTAL LIABILITIES (821) 567,209 - 82 + 57,217 CAPITAL ACCOUNTS Capital paid in 6,372 + 11 + 440 Surplus 5,952 0 + 732 Other capital accounts 1,276 - 90 - 1,473 *Figures in parentheses are the eliminations made in the consolidation process. 1 Cash value of agreements arranged through third-party custodial banks. 2 Face value of the securities. 3 Includes $ 3,938 million of inflation-indexed securities valued at the original face amount and $ 158 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,538 million of inflation-indexed securities valued at the original face amount and $ 41 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 15,483 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,230 million that are fully collateralized by other U.S. government securities. 6 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. 7 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 10, 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 Reverse Loans securities (1,2) obligations(2) Repurchase Repurchase Weekly Weekly Agreements Agreements Holdings changes Holdings changes Triparty(3) Triparty(3) Within 15 days 43 18,076 + 533 0 - 7 1,245 0 16 to 90 days 47 102,309 + 5,511 6 0 26,575 0 91 days to 1 year 2 135,945 - 5,650 45 0 ------ ------ Over 1 to 5 years 120,226 + 1 10 0 ------ ------ Over 5 to 10 years 50,216 + 3 120 0 ------ ------ Over 10 years 65,156 + 2 0 0 ------ ------ Total 92 491,928 + 399 181 - 7 27,820 0 1 Includes $ 5,476 million of inflation-indexed securities valued at the original face amount and $ 199 million of compensation that adjusts for the effects of inflation on the principal of such securities. 2 Includes face value of securities held under repurchase agreements classified by the remaining maturity of the agreements. 3 Cash value of agreements arranged through third-party custodial banks classified by remaining maturity of the agreements. Components may not add to totals due to rounding. H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON November 10, 1999 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap ASSETS Gold certificate account 11,049 533 4,436 319 566 834 724 993 337 14 Special drawing rights certif. acct. 7,200 357 2,823 217 348 599 523 637 204 9 Coin 289 6 13 16 25 45 44 30 14 1 Loans 92 0 5 0 0 2 2 14 39 1 Acceptances 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 27,820 0 27,820 0 0 0 0 0 0 Federal agency obligations(2) Bought outright 181 9 72 5 10 14 11 17 6 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 U.S. government securities(2) Bought outright--Bills 200,217 10,354 79,735 5,997 11,589 15,062 12,187 18,804 6,586 2,39 Notes (3) 211,279 10,926 84,141 6,328 12,230 15,895 12,860 19,843 6,950 2,52 Bonds (4) 80,432 4,159 32,032 2,409 4,656 6,051 4,896 7,554 2,646 96 Total bought outright(5) 491,928 25,439 195,908 14,734 28,475 37,008 29,943 46,202 16,182 5,88 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 491,928 25,439 195,908 14,734 28,475 37,008 29,943 46,202 16,182 5,88 Total loans and securities 520,021 25,448 223,805 14,740 28,486 37,024 29,956 46,233 16,227 5,89 Items in process of collection 7,804 450 900 564 327 615 38 877 323 54 Bank premises 1,347 93 163 50 156 124 131 108 32 12 Other assets(5) 33,919 1,546 11,217 970 2,017 4,679 2,154 3,062 859 77 Interdistrict settlement account 0 + 4,822 - 8,843 + 5,253 + 342 - 6,864 + 7,569 +15,790 + 3,047 - 5,29 TOTAL ASSETS 581,629 33,255 234,515 22,128 32,267 37,055 41,140 67,729 21,043 2,29

1 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities. 2 Face value of the securities. 3 Includes $ 3,938 million of inflation-indexed securities valued at the original face amount and $ 158 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,538 million of inflation-indexed securities valued at the original face amount and $ 41 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 15,483 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,230 million that are fully collateralized by other U.S. government securities. 6 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Components may not add to totals due to rounding. H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON November 10, 1999 Millions of dollars Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap LIABILITIES Federal Reserve notes 540,025 31,358 222,549 20,910 29,596 31,635 37,975 63,787 19,888 7 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 10,277 597 1,414 307 1,146 975 995 1,604 398 3 U.S. Treasury--general account 4,870 0 4,870 0 0 0 0 0 0 Foreign--official accounts 161 7 45 4 10 30 10 14 3 Other 242 0 144 1 4 81 1 1 1 Total deposits 15,551 604 6,474 312 1,160 1,086 1,006 1,619 402 3 Deferred credit items 8,111 453 1,104 329 336 662 911 660 256 5 Other liabilities and accrued dividends (2) 4,343 236 1,508 159 262 367 305 417 166 TOTAL LIABILITIES 568,029 32,650 231,635 21,712 31,353 33,750 40,197 66,483 20,712 1,8 CAPITAL ACCOUNTS Capital paid in 6,372 289 1,319 201 442 1,632 456 598 158 2 Surplus 5,952 267 1,208 177 399 1,238 418 583 121 2 Other capital accounts 1,276 48 352 39 73 436 68 65 53 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 581,629 33,255 234,515 22,128 32,267 37,055 41,140 67,729 21,043 2,2 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 826,244 41,968 329,220 31,173 39,201 55,245 61,782 80,309 26,633 11,5 Less--Held by F.R. Banks 286,220 10,610 106,671 10,262 9,606 23,610 23,807 16,522 6,745 10,7 F.R. notes, net 540,025 31,358 222,549 20,910 29,596 31,635 37,975 63,787 19,888 7 Collateral held against F.R. notes Gold certificate account 11,049 Special drawing rights certificate account 7,200 Other eligible assets 1,847 U.S. govt. and agency securities(3) 519,929 Total collateral 540,025 1 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities. 2 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. 3 U.S. government and agency securities bought outright or held under repurchase agreement are valued at face amount. Includes cash value of repurchase agreements under triparty arrangements and excludes the par value of securities pledged under reverse repurchase agreements. 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 12, 1999