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. September 13, 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 Sep 12, 2001 Sep 5, 2001 Sep 13, 2000 Sep 12, 2001 Reserve Bank Credit 622,845 + 13,900 + 63,439 702,092 U.S. government securities (1) Bought outright-system account (2,3) 540,478 - 1,574 + 28,260 530,385 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 10 0 - 126 10 Held under repurchase agreements 0 0 0 0 Repurchase agreements — triparty (4) 28,863 - 1,022 + 17,658 61,005 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 11,742 + 11,721 + 11,738 45,528 Seasonal credit 95 - 19 - 327 94 Extended credit 0 0 0 0 Float 4,281 + 3,728 + 2,819 22,929 Other F.R. assets 37,377 + 1,067 + 3,418 42,142 Gold stock 11,044 0 - 2 11,043 Special drawing rights certificate account 2,200 0 - 2,000 2,200 Treasury currency outstanding 32,810 + 14 + 2,153 32,810 Total factors supplying reserve funds 668,898 + 13,914 + 63,590 748,145 Currency in circulation* 612,489 - 706 + 40,416 615,681 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 422 + 6 + 255 426 Deposits, other than reserve balances, with F.R. Banks Treasury 5,350 + 98 + 723 5,993 Foreign 79 + 2 - 1 69 Service-related balances and adjustments (5) 7,579 + 9 + 991 7,579 Other 467 + 180 + 230 1,150 Other F.R. liabilities and capital 19,224 + 1,140 + 3,946 22,122 Total factors, other than reserve balances, absorbing reserve funds 645,610 + 728 + 46,561 653,020 Reserve balances with F.R. Banks (6) 23,288 + 13,186 + 17,029 95,125 On September 12, 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 $ 721,991 million, a change of $ + 2,096 million for the week. The total includes $ 594,418 million of U.S. government securities and $ 127,573 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 $ 20,400 million (daily average over statement week) and $ 30,615 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 20,400 million (daily average) and $ 30,615 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 2,384 million (daily average) and $ 7,029 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 $ 887 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 $ 7,283 million and adjustments of $ 296 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 Sep 12, 2001 Sep 5, 2001 Sep 13, 2000 ASSETS Gold certificate account 11,043 - 1 - 3 Special drawing rights certificate account 2,200 0 - 2,000 Coin 1,081 + 2 + 346 Loans 45,622 + 45,427 + 45,227 Acceptances 0 0 0 Repurchase agreements — triparty (1) 61,005 + 29,790 + 49,165 Federal agency obligations (2) Bought outright 10 0 - 120 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 171,336 - 12,793 - 15,141 Notes (3) 257,040 + 846 + 23,389 Bonds (4) 102,008 - 2 + 11,308 Total bought outright (5) 530,385 - 11,948 + 19,556 Held under repurchase agreements 0 0 0 Total U.S. government securities 530,385 - 11,948 + 19,556 Total loans and securities 637,022 + 63,269 + 113,829 Items in process of collection (126) 30,928 + 17,715 + 20,948 Bank premises 1,510 0 + 90 Other assets (6) 46,228 + 11,640 + 13,427 TOTAL ASSETS (126) 730,013 + 92,626 + 146,638 LIABILITIES Federal Reserve notes 584,378 + 1,313 + 42,348 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 108,682 + 87,745 + 95,811 U.S. Treasury—general account 5,993 + 1,635 + 645 Foreign—official accounts 69 - 4 - 5 Other (0) 1,150 + 842 + 962 Total deposits (0) 115,894 + 90,218 + 97,414 Deferred availability cash items (126) 7,619 - 3,355 - 297 Other liabilities and accrued dividends (7) 7,189 + 4,140 + 2,820 TOTAL LIABILITIES (126) 715,080 + 92,316 + 142,286 CAPITAL ACCOUNTS Capital paid in 7,197 + 5 + 277 Surplus 6,743 + 8 + 4,064 Other capital accounts 992 + 296 + 10 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 $ 569 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 $ 319 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 30,615 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 7,029 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, September 12, 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 45,545 1,562 - 15,117 0 0 55,005 0 16 days to 90 days 77 120,849 + 2,345 0 0 6,000 0 91 days to 1 year 0 131,504 - 21 0 0 ——— ——— Over 1 year to 5 years ——— 142,304 + 851 10 0 ——— ——— Over 5 years to 10 years ——— 55,579 - 4 0 0 ——— ——— Over 10 years ——— 78,586 - 3 0 0 ——— ——— Total 45,622 530,385 - 11,948 10 0 61,005 0 1 Includes $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 887 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 ,21 rebmetpeS 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 9 44,4 6 45 3 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 631 4 11 6 6 4 3 5 5 1 31 1 31 5 71 7 6 4 5 1 6 8 5 1 80,1 nioC 367 4 7 2 5 3 6 82 0 43,4 7 33,2 2 29,01 3 92,5 0 4 71,81 4 44,3 2 26,54 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 00,16 0 5 00,16 )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 262,71 6 01,3 8 82,5 5 35 6 71,6 5 04,91 2 87,11 6 32,01 1 30,01 7 30,7 5 81,07 4 92,01 6 33,171 slliB —thgirtuo thguoB 698,52 0 66,4 4 39,7 2 08 5 62,9 2 11,92 5 76,71 6 53,51 8 40,51 8 55,01 2 92,501 4 44,51 0 40,752 )3( setoN 772,01 9 48,1 9 41,3 8 13 7 76,3 3 55,11 4 10,7 4 90,6 2 79,5 0 91,4 6 87,14 9 21,6 8 00,201 )4( sdnoB 534,35 5 16,9 0 73,61 5 56,1 7 11,91 0 70,06 1 74,63 5 86,13 1 50,13 5 87,12 3 62,712 7 68,13 5 83,035 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 534,35 5 16,9 0 73,61 5 56,1 7 11,91 0 70,06 1 74,63 5 86,13 1 50,13 5 87,12 3 62,712 7 68,13 5 83,035 seitiruces .tvog .S.U latoT 991,45 9 16,9 8 93,61 9 86,1 3 04,91 1 14,46 9 08,83 8 06,24 5 43,63 5 87,12 6 44,692 1 13,53 2 20,736 seitiruces dna snaol latoT 234,6 3 14,3 3 49,1 7 00,1 3 07,1 3 51,4 2 25,4 3 74,2 2 85,1 7 79 1 54,1 9 93,1 4 50,13 noitcelloc fo ssecorp ni smetI 371 7 31 9 4 4 21 0 4 6 01 5 82 2 31 3 51 9 4 9 61 3 9 0 15,1 sesimerp knaB 784,3 8 87 5 69,1 9 76 5 64,1 5 63,3 2 02,3 8 48,4 6 70,2 3 72,1 3 32,81 7 48,4 8 22,64 )6( stessa rehtO 552,7 - 9 21 + 8 66,1 - 5 85,3 + 0 93,2 - 3 51,3 - 9 42,4 - 2 93 + 2 77,8 - 2 07 - 5 69,13+ 9 78,7 - 0 tnuocca tnemelttes tcirtsidretnI 245,85 4 77,41 6 31,91 0 92,7 9 86,02 3 52,07 7 37,34 5 15,15 3 90,23 4 79,32 8 46,353 9 84,43 9 31,037 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 965 $ 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 913 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 405,3 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 920,7 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 516,03 $ 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 ,21 rebmetpeS 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 313,74 2 94,21 5 31,71 3 60,6 4 47,91 6 80,66 9 17,04 7 31,44 5 40,03 2 86,12 6 86,642 7 72,23 8 73,485 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 454,4 4 82,1 7 03,1 4 55 5 53 5 41,2 9 51,1 4 17,1 4 58 6 75 6 70,39 6 02,1 2 86,801 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 3 99,5 0 3 99,5 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 2 1 5 4 2 9 6 stnuocca laiciffo—ngieroF 303,2 8 31- 3 32- 4 2- 9 9- 7 88- 9 35- 2 05,1 7 54- 6 39 8 47- 6 64- 0 51,1 rehtO 067,6 6 41,1 5 70,1 1 35 6 52 1 62,1 2 26 3 22,3 9 93 2 15,1 6 63,89 1 47 4 98,511 stisoped latoT 484,2 7 95 7 04 2 43 2 42 6 30,1 8 20,1 6 84 6 02 7 61 5 43 4 04 5 47,7 smeti tiderc derrefeD deurcca dna seitilibail rehtO 482 0 81 6 21 5 6 0 31 9 23 0 62 5 42 2 81 0 41 8 50,5 1 91 9 81,7 )2( sdnedivid 148,65 4 14,41 2 47,81 2 00,7 2 73,02 2 17,86 9 26,24 2 90,84 3 38,03 2 05,32 5 54,053 3 16,33 6 02,517 SEITILIBAIL LATOT STNUOCCA LATIPAC 028 2 61 8 81 4 71 9 41 8 37 8 35 3 07,1 5 16 1 22 8 64,1 1 24 7 91,7 ni diap latipaC 297 8 81 9 71 4 11 8 31 2 36 5 94 9 76,1 2 74 8 22 8 64,1 8 53 3 47,6 sulpruS 98 0 1 7 2 0 0 3 2 71 5 7 1 4 3 71 3 2 7 52 7 9 2 99 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 245,85 4 77,41 6 31,91 0 92,7 9 86,02 3 52,07 7 37,34 5 15,15 3 90,23 4 79,32 8 46,353 9 84,43 9 31,037 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 361,17 4 92,23 4 96,02 8 79,8 8 41,32 8 44,37 1 02,46 1 87,55 7 37,53 3 12,92 4 36,982 1 63,63 3 56,047 gnidnatstuo seton .R.F 058,32 2 08,91 0 65,3 5 19,2 4 04,3 2 63,7 2 84,32 4 46,11 2 96,5 1 35,7 8 49,24 5 80,4 5 72,651 sknaB .R.F yb dleH—sseL 313,74 2 94,21 5 31,71 3 60,6 4 47,91 6 80,66 9 17,04 7 31,44 5 40,03 2 86,12 6 86,642 7 72,23 8 73,485 ten ,seton .R.F seton .R.F tsniaga dleh laretalloC 340,11 tnuocca etacifitrec dloG sthgir gniward laicepS 002,2 tnuocca etacifitrec 0 stessa elbigile rehtO 531,175 )3( seitiruces ycnega dna .tvog .S.U 873,485 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