H.4.1 Factors Affecting Reserve Balances of Depository Institutions

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. August 23, 2001 H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks 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 Aug 22, 2001 Aug 15, 2001 Aug 23, 2000 Aug 22, 2001 Reserve Bank Credit 601,174 + 2,568 + 43,245 611,085 U.S. government securities (1) Bought outright-system account (2,3) 540,821 + 1,275 + 31,054 540,778 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 10 0 - 130 10 Held under repurchase agreements 0 0 0 0 Repurchase agreements — triparty (4) 24,553 + 3,884 + 11,272 34,265 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 10 + 3 - 4 23 Seasonal credit 164 - 21 - 401 147 Extended credit 0 0 0 0 Float -62 - 72 - 1,021 -91 Other F.R. assets 35,677 - 2,503 + 2,473 35,954 Gold stock 11,044 0 - 2 11,044 Special drawing rights certificate account 2,200 0 - 2,000 2,200 Treasury currency outstanding 32,768 + 14 + 2,297 32,768 Total factors supplying reserve funds 647,186 + 2,583 + 43,540 657,096 Currency in circulation* 607,231 + 528 + 38,164 608,965 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 412 - 4 + 255 409 Deposits, other than reserve balances, with F.R. Banks Treasury 5,313 + 240 + 489 5,115 Foreign 72 - 6 - 29 75 Service-related balances and adjustments (5) 7,486 + 33 + 665 7,486 Other 305 - 6 + 71 285 Other F.R. liabilities and capital 18,463 + 86 + 3,229 17,924 Total factors, other than reserve balances, absorbing reserve funds 639,283 + 871 + 42,845 640,258 Reserve balances with F.R. Banks (6) 7,902 + 1,711 + 694 16,838 On August 22, 2001, the face amount of marketable U.S. government and federal agency securities held in custody by the Federal Reserve Banks for foreign official and international accounts was $ 719,086 million, a change of $ + 2,335 million for the week. The total includes $ 590,925 million of U.S. government securities and $ 128,160 million of federal agency securities. 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 $ 17,512 million (daily average over statement week) and $ 17,667 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 17,512 million (daily average) and $ 17,667 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 1,051 million (daily average) and $ 890 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 892 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 $ 7,142 million and adjustments of $ 344 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.

H.4.1(a) Consolidated Statement of Condition of all Federal Reserve Banks Millions of dollars Change Since Eliminations from Consolidation Wednesday Wednesday Wednesday Aug 22, 2001 Aug 15, 2001 Aug 23, 2000 ASSETS Gold certificate account 11,044 0 - 2 Special drawing rights certificate account 2,200 0 - 2,000 Coin 1,123 + 11 + 344 Loans 169 - 23 - 418 Acceptances 0 0 0 Repurchase agreements — triparty (1) 34,265 + 6,920 + 15,935 Federal agency obligations (2) Bought outright 10 0 - 130 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 183,986 - 357 - 4,223 Notes (3) 255,779 + 1,386 + 23,462 Bonds (4) 101,013 + 2 + 10,876 Total bought outright (5) 540,778 + 1,032 + 30,114 Held under repurchase agreements 0 0 0 Total U.S. government securities 540,778 + 1,032 + 30,114 Total loans and securities 575,222 + 7,929 + 45,502 Items in process of collection (822) 6,841 - 455 - 136 Bank premises 1,512 + 2 + 91 Other assets (6) 34,274 + 553 + 2,265 TOTAL ASSETS (822) 632,216 + 8,042 + 46,063 LIABILITIES Federal Reserve notes 577,729 + 1,002 + 37,671 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 24,059 + 6,622 + 5,060 U.S. Treasury—general account 5,115 + 1,046 - 35 Foreign—official accounts 75 + 4 + 4 Other (0) 285 - 37 + 82 Total deposits (0) 29,534 + 7,635 + 5,111 Deferred availability cash items (822) 7,029 - 280 + 304 Other liabilities and accrued dividends (7) 3,068 + 6 - 1,261 TOTAL LIABILITIES (822) 617,359 + 8,362 + 41,825 CAPITAL ACCOUNTS Capital paid in 7,169 + 9 + 271 Surplus 6,750 + 3 + 4,071 Other capital accounts 938 - 333 - 103 1 Cash value of agreements arranged through third-party custodial banks. 2 Face value of the securities. 3 Includes $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 572 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 3,504 million of inflation-indexed securities valued at the original face amount and $ 320 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 17,667 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 890 million that are fully collateralized by other U.S. government securities. 6 Includes assets denominated in foreign currencies, revalued daily at market exchange rates. 7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. Maturity Distribution of Loans and Securities, August 22, 2001 Millions of dollars U.S. government Federal agency Reverse Repurchase securities (1,2) obligations(2) Repurchase Loans Agreements— Weekly Weekly Agreements— Holdings changes Holdings changes Triparty (3) Triparty (3) Within 15 days 154 23,169 + 6,464 0 0 28,260 0 16 days to 90 days 15 111,370 - 2,597 0 0 6,005 0 91 days to 1 year 0 132,549 - 2,839 0 0 ——— ——— Over 1 year to 5 years ——— 141,175 0 10 0 ——— ——— Over 5 years to 10 years ——— 54,874 + 2 0 0 ——— ——— Over 10 years ——— 77,641 + 2 0 0 ——— ——— Total 169 540,778 + 1,032 10 0 34,265 0 1 Includes $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 892 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.

)b( 1.4.H 1002 ,22 tsuguA no knaB evreseR laredeF hcaE fo noitidnoC fo tnemetatS srallod fo snoilliM naS sasnaK sallaD silopaenniM siuoL .tS ogacihC atnaltA dnomhciR dnalevelC aihpledalihP kroY weN notsoB latoT ocsicnarF ytiC STESSA 631,1 7 74 7 13 3 41 3 43 8 20,1 1 78 1 47 8 35 4 54 0 54,4 6 45 4 40,11 tnuocca etacifitrec dloG 432 8 9 6 6 0 3 1 7 2 12 6 61 7 41 4 01 3 8 4 78 5 11 0 02,2 .tcca .fitrec sthgir gniward laicepS 041 3 11 0 7 5 3 1 6 8 31 4 31 1 81 0 7 8 5 9 5 4 6 3 21,1 nioC 92 4 9 1 4 6 8 8 3 7 0 0 1 0 0 9 61 snaoL 0 0 0 0 0 0 0 0 0 0 0 0 0 secnatpeccA 0 0 0 0 0 0 0 0 0 0 5 62,43 0 5 62,43 )1( ytrapirt — stnemeerga esahcrupeR )2( snoitagilbo ycnega laredeF 1 0 0 0 0 1 1 1 1 0 4 1 0 1 thgirtuo thguoB 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH )2( seitiruces tnemnrevog .S.U 635,81 5 33,3 9 76,5 4 75 1 36,6 8 38,02 1 56,21 1 99,01 1 77,01 7 55,7 7 63,57 4 50,11 6 89,381 slliB —thgirtuo thguoB 967,52 7 36,4 5 98,7 8 97 9 12,9 9 69,82 8 85,71 0 82,51 5 79,41 6 05,01 5 77,401 8 63,51 9 77,552 )3( setoN 771,01 1 38,1 8 11,3 5 13 1 46,3 1 44,11 6 49,6 5 30,6 4 19,5 9 41,4 8 73,14 9 60,6 3 10,101 )4( sdnoB 284,45 3 08,9 1 96,61 7 86,1 1 94,91 7 42,16 6 81,73 6 03,23 0 66,13 2 12,22 0 25,122 1 94,23 8 77,045 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 284,45 3 08,9 1 96,61 7 86,1 1 94,91 7 42,16 6 81,73 6 03,23 0 66,13 2 12,22 0 25,122 1 94,23 8 77,045 seitiruces .tvog .S.U latoT 215,45 7 08,9 0 17,61 2 57,1 0 05,91 7 82,16 3 91,73 7 03,23 0 66,13 3 12,22 0 97,552 2 94,23 2 22,575 seitiruces dna snaol latoT 243,2 5 13 0 64 1 85 9 62 4 25 0 65 7 05 7 63 2 83 8 18 7 35 3 66,7 noitcelloc fo ssecorp ni smetI 371 7 31 9 4 4 21 0 4 7 01 5 82 2 31 3 51 0 5 9 61 3 9 2 15,1 sesimerp knaB 914,3 6 77 4 29 6 86 3 09 7 02,3 3 62,2 7 48,4 2 30,2 2 81,1 6 62,21 9 67,1 4 72,43 )6( stessa rehtO 370,7 - 4 37,1 + 1 40,1 - 9 11,4 + 1 76 - 0 11,2 + 9 93,2 + 5 31,21+ 9 09,1 - 4 21,1 - 4 14,01- 5 62 - 0 tnuocca tnemelttes tcirtsidretnI 188,45 7 54,31 7 55,71 9 64,7 7 15,02 4 16,86 2 78,34 7 99,05 5 10,33 7 92,32 1 10,462 0 53,53 8 30,336 STESSA LATOT .seitiruces ycnega laredef dna tnemnrevog .S.U yb dezilaretalloc era stnemeerga esehT .sknab laidotsuc ytrap-driht hguorht degnarra stnemeerga fo eulav hsaC 1 .seitiruces eht fo eulav ecaF 2 eht no noitalfni fo stceffe eht rof stsujda taht noitasnepmoc fo noillim 275 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 937,5 $ sedulcnI 3 .seitiruces hcus fo lapicnirp eht no noitalfni fo stceffe eht rof stsujda taht noitasnepmoc fo noillim 023 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 405,3 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 098 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 766,71 $ fo teN 5 .seitiruces tnemnrevog .S.U rehto yb dezilaretalloc .setar egnahcxe tekram ta ylhtnom deulaver ,seicnerruc ngierof ni detanimoned stessa sedulcnI 6 .gnidnuor ot eud slatot ot dda ton yam stnenopmoC

)c( 1.4.H 1002 ,22 tsuguA no knaB evreseR laredeF hcaE fo noitidnoC fo tnemetatS srallod fo snoilliM naS sasnaK sallaD silopaenniM siuoL .tS ogacihC atnaltA dnomhciR dnalevelC aihpledalihP kroY weN notsoB latoT ocsicnarF ytiC SEITILIBAIL 696,64 0 79,11 5 90,61 6 50,6 4 62,91 8 76,36 4 63,04 4 98,24 1 37,92 8 48,12 4 94,742 8 36,13 9 27,775 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 039,3 7 96 7 75 6 94 0 26 1 84,2 7 04,1 7 56,3 7 55,1 1 34 0 70,6 8 31,2 9 50,42 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 5 11,5 0 5 11,5 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 2 1 1 5 2 5 7 stnuocca laiciffo—ngieroF 5 1 7 0 0 1 4 3 31 2 0 8 21 3 5 82 rehtO 839,3 9 96 5 85 7 94 1 26 5 84,2 3 14,1 7 97,3 1 65,1 2 34 4 63,11 3 41,2 4 35,92 stisoped latoT 872,2 6 23 4 63 6 55 4 81 3 95 8 27 3 06 2 73 6 04 6 29 3 15 1 58,7 smeti tiderc derrefeD deurcca dna seitilibail rehtO 382 8 9 1 21 5 6 9 21 6 23 3 52 1 52 8 71 8 31 7 30,1 8 81 8 60,3 )2( sdnedivid 691,35 3 90,31 5 61,71 4 71,7 8 91,02 2 80,76 8 57,24 5 45,74 2 48,13 4 28,22 0 28,062 2 84,43 1 81,816 SEITILIBAIL LATOT STNUOCCA LATIPAC 418 2 61 8 81 4 71 9 41 6 37 7 35 1 07,1 3 06 1 22 7 64,1 7 14 9 61,7 ni diap latipaC 297 8 81 9 71 1 21 8 31 2 36 5 94 9 76,1 2 74 8 22 8 64,1 8 53 0 57,6 sulpruS 08 3 1 5 2 0 2 3 4 61 2 8 2 7 8 9 4 2 7 52 3 9 8 39 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 188,45 7 54,31 7 55,71 9 64,7 7 15,02 4 16,86 2 78,34 7 99,05 5 10,33 7 92,32 1 10,462 0 53,53 8 30,336 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 439,17 9 23,23 6 60,02 7 50,9 4 78,22 4 79,17 1 55,36 8 94,55 2 95,53 3 64,92 3 93,092 8 00,63 8 37,837 gnidnatstuo seton .R.F 832,52 9 53,02 0 79,3 0 00,3 0 16,3 6 92,8 8 81,32 4 06,21 0 68,5 5 16,7 9 98,24 1 73,4 0 10,161 sknaB .R.F yb dleH—sseL 696,64 0 79,11 5 90,61 6 50,6 4 62,91 8 76,36 4 63,04 4 98,24 1 37,92 8 48,12 4 94,742 8 36,13 9 27,775 ten ,seton .R.F seton .R.F tsniaga dleh laretalloC 440,11 tnuocca etacifitrec dloG sthgir gniward laicepS 002,2 tnuocca etacifitrec 0 stessa elbigile rehtO 584,465 )3( seitiruces ycnega dna .tvog .S.U 927,775 laretalloc latoT .seitiruces ycnega dna tnemnrevog .S.U yb dezilaretalloc era stnemeerga esehT .sknab laidotsuc ytrap-driht hguorht degnarra stnemeerga fo eulav hsaC 1 .stnemtimmoc egnahcxe ngierof fo setar egnahcxe tekram ta noitaulaver ylhtnom eht gnitcelfer tnuocca noitalsnart-egnahcxe sedulcnI 2 ytrapirt rednu stnemeerga esahcruper fo eulav hsac sedulcnI .tnuoma ecaf ta deulav era tnemeerga esahcruper rednu dleh ro thgirtuo thguob seitiruces ycnega dna tnemnrevog .S.U 3 .stnemeerga esahcruper esrever rednu degdelp seitiruces fo eulav rap eht sedulcxe dna stnemegnarra .gnidnuor ot eud slatot ot dda ton yam stnenopmoC