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 20, 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 19, 2001 Sep 12, 2001 Sep 20, 2000 Sep 19, 2001 Reserve Bank Credit 672,702 + 49,919 + 110,494 608,865 U.S. government securities (1) Bought outright-system account (2,3) 523,359 - 17,119 + 14,346 526,624 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 10 0 - 120 10 Held under repurchase agreements 0 0 0 0 Repurchase agreements — triparty (4) 75,296 + 46,433 + 58,010 39,600 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 1,502 - 10,240 + 1,367 2,587 Seasonal credit 95 0 - 289 87 Extended credit 0 0 0 0 Float 28,339 + 24,058 + 27,362 2,345 Other F.R. assets 44,101 + 6,786 + 9,817 37,613 Gold stock 11,043 - 1 - 3 11,043 Special drawing rights certificate account 2,200 0 - 1,143 2,200 Treasury currency outstanding 32,824 + 14 + 2,116 32,824 Total factors supplying reserve funds 718,769 + 49,932 + 111,464 654,932 Currency in circulation* 615,185 + 2,696 + 45,536 615,303 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 426 + 4 + 262 430 Deposits, other than reserve balances, with F.R. Banks Treasury 6,291 + 941 - 2,283 5,413 Foreign 157 + 78 + 71 258 Service-related balances and adjustments (5) 7,708 + 129 + 1,235 7,708 Other 382 - 85 + 183 288 Other F.R. liabilities and capital 20,660 + 1,436 + 5,399 20,071 Total factors, other than reserve balances, absorbing reserve funds 650,809 + 5,199 + 50,403 649,471 Reserve balances with F.R. Banks (6) 67,960 + 44,734 + 61,061 5,461 On September 19, 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 $ 727,796 million, a change of $ + 5,913 million for the week. The total includes $ 600,954 million of U.S. government securities and $ 126,842 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 $ 36,133 million (daily average over statement week) and $ 32,895 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 36,133 million (daily average) and $ 32,895 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 5,729 million (daily average) and $ 2,728 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 $ 880 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 $ 425 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 19, 2001 Sep 12, 2001 Sep 20, 2000 ASSETS Gold certificate account 11,043 0 - 3 Special drawing rights certificate account 2,200 0 - 1,000 Coin 1,102 + 21 + 337 Loans 2,673 - 42,949 + 1,373 Acceptances 0 0 0 Repurchase agreements — triparty (1) 39,600 - 21,405 + 19,715 Federal agency obligations (2) Bought outright 10 0 - 120 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 167,582 - 3,754 - 16,450 Notes (3) 257,036 - 4 + 21,780 Bonds (4) 102,005 - 3 + 10,858 Total bought outright (5) 526,624 - 3,761 + 16,190 Held under repurchase agreements 0 0 0 Total U.S. government securities 526,624 - 3,761 + 16,190 Total loans and securities 568,907 - 68,115 + 37,157 Items in process of collection (1,017) 12,433 - 18,495 + 4,570 Bank premises 1,510 0 + 88 Other assets (6) 35,995 - 10,233 + 2,718 TOTAL ASSETS (1,017) 633,190 - 96,823 + 43,867 LIABILITIES Federal Reserve notes 584,010 - 368 + 44,036 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 15,141 - 93,541 - 4,200 U.S. Treasury—general account 5,413 - 580 - 2,000 Foreign—official accounts 258 + 189 + 192 Other (0) 288 - 862 + 96 Total deposits (0) 21,101 - 94,793 - 5,911 Deferred availability cash items (1,017) 8,008 + 389 + 674 Other liabilities and accrued dividends (7) 4,575 - 2,614 + 247 TOTAL LIABILITIES (1,017) 617,694 - 97,386 + 39,046 CAPITAL ACCOUNTS Capital paid in 7,202 + 5 + 267 Surplus 6,764 + 21 + 4,085 Other capital accounts 1,530 + 538 + 470 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 $ 564 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 $ 316 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 32,895 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,728 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 19, 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 2,662 20,683 + 19,121 0 0 37,600 0 16 days to 90 days 12 98,641 - 22,208 0 0 2,000 0 91 days to 1 year 0 130,836 - 668 0 0 ——— ——— Over 1 year to 5 years ——— 142,304 0 10 0 ——— ——— Over 5 years to 10 years ——— 55,576 - 3 0 0 ——— ——— Over 10 years ——— 78,584 - 2 0 0 ——— ——— Total 2,673 526,624 - 3,761 10 0 39,600 0 1 Includes $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 880 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 ,91 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 731 7 11 9 6 5 3 7 5 3 31 4 31 9 71 7 6 2 5 4 6 8 5 2 01,1 nioC 332 3 5 02 9 2 5 2 3 2 7 15 3 77 0 04 4 5 0 1 14 3 76,2 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 0 06,93 0 0 06,93 )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 388,61 8 30,3 2 71,5 3 25 0 40,6 0 89,81 3 25,11 1 10,01 1 18,9 3 88,6 7 46,86 9 60,01 2 85,761 slliB —thgirtuo thguoB 698,52 0 66,4 3 39,7 2 08 4 62,9 1 11,92 5 76,71 5 53,51 8 40,51 7 55,01 1 92,501 3 44,51 6 30,752 )3( setoN 772,01 9 48,1 8 41,3 8 13 7 76,3 3 55,11 4 10,7 4 90,6 2 79,5 0 91,4 5 87,14 9 21,6 5 00,201 )4( sdnoB 650,35 7 45,9 4 52,61 3 46,1 1 89,81 4 46,95 2 12,63 1 64,13 1 38,03 0 36,12 2 27,512 1 46,13 4 26,625 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 650,35 7 45,9 4 52,61 3 46,1 1 89,81 4 46,95 2 12,63 1 64,13 1 38,03 0 36,12 2 27,512 1 46,13 4 26,625 seitiruces .tvog .S.U latoT 092,35 0 55,9 0 64,61 2 76,1 7 00,91 8 66,95 0 37,63 4 32,23 2 32,13 5 86,12 7 23,552 2 50,23 7 09,865 seitiruces dna snaol latoT 344,4 9 39 6 97 6 07 6 67 4 94,1 4 97 2 43 5 53 8 64 5 97,1 2 55 0 54,31 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 975,3 6 08 2 79 6 96 7 59 1 14,3 2 73,2 4 99,4 2 31,2 3 03,1 2 19,21 1 68,1 5 99,53 )6( stessa rehtO 256,01- 1 56,1 + 8 7 + 6 82,4 + 6 81 + 6 23,5 + 1 08,2 + 8 39,11+ 0 09 - 4 71,1 - 6 85,31- 6 4 + 0 tnuocca tnemelttes tcirtsidretnI 043,25 4 77,31 8 08,81 2 96,7 7 24,12 8 73,17 4 51,44 8 07,05 0 86,33 9 19,22 3 00,262 3 23,53 7 02,436 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 465 $ 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 613 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 405,3 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 827,2 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 598,23 $ 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 ,91 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 988,64 9 03,21 7 43,71 6 72,6 9 21,02 1 81,66 2 43,04 6 65,44 9 44,03 6 14,12 2 40,642 3 60,23 0 10,485 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 671,1 6 06 8 05 9 74 4 06 1 35,2 5 36,1 1 55,1 1 43,1 9 43 5 67,2 7 95,1 1 41,51 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 3 14,5 0 3 14,5 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 2 1 5 32 2 8 52 stnuocca laiciffo—ngieroF 6 4 2 0 0 1 0 1 31 2 1 9 31 1 8 82 rehtO 581,1 0 16 1 15 0 84 5 06 4 35,2 7 36,1 0 96,1 5 43,1 0 53 2 55,8 9 95,1 1 01,12 stisoped latoT 142,2 6 83 5 24 3 65 7 32 5 67 5 77 5 56 1 14 9 25 5 64,1 4 75 5 20,9 smeti tiderc derrefeD deurcca dna seitilibail rehtO 172 6 9 5 11 5 6 5 21 3 13 0 52 7 32 3 71 4 31 3 16,2 4 81 5 75,4 )2( sdnedivid 685,05 1 04,31 8 93,81 4 83,7 6 90,12 3 97,96 4 00,34 9 41,74 7 73,23 9 24,22 2 76,852 1 24,43 1 17,816 SEITILIBAIL LATOT STNUOCCA LATIPAC 028 2 61 8 81 4 71 9 41 8 37 8 35 4 07,1 9 16 1 22 8 64,1 1 24 2 02,7 ni diap latipaC 297 8 81 9 71 5 31 8 31 2 36 5 94 9 76,1 2 74 8 22 8 64,1 8 53 4 67,6 sulpruS 141 3 2 3 4 0 4 4 6 12 6 11 7 71 3 12 0 4 5 93 3 21 0 35,1 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 043,25 4 77,31 8 08,81 2 96,7 7 24,12 8 73,17 4 51,44 8 07,05 0 86,33 9 19,22 3 00,262 3 23,53 7 02,436 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 409,07 2 63,23 4 38,02 1 59,8 6 74,32 1 84,37 2 01,46 6 69,55 9 59,53 8 11,92 1 64,982 0 73,63 4 89,047 gnidnatstuo seton .R.F 510,42 2 50,02 7 84,3 5 76,2 7 43,3 0 03,7 0 67,32 0 04,11 0 15,5 2 07,7 9 14,34 7 03,4 4 79,651 sknaB .R.F yb dleH—sseL 988,64 9 03,21 7 43,71 6 72,6 9 21,02 1 81,66 2 43,04 6 65,44 9 44,03 6 14,12 2 40,642 3 60,23 0 10,485 ten ,seton .R.F seton .R.F tsniaga dleh laretalloC 340,11 tnuocca etacifitrec dloG sthgir gniward laicepS 002,2 tnuocca etacifitrec 335,4 stessa elbigile rehtO 432,665 )3( seitiruces ycnega dna .tvog .S.U 010,485 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