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 27, 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 26, 2001 Sep 19, 2001 Sep 27, 2000 Sep 26, 2001 Reserve Bank Credit 611,281 - 60,699 + 52,489 614,782 U.S. government securities (1) Bought outright-system account (2,3) 530,998 + 7,639 + 19,845 526,817 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) 39,333 - 35,963 + 27,908 51,290 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 1,065 - 437 + 1,047 20 Seasonal credit 67 - 28 - 331 75 Extended credit 0 0 0 0 Float 2,029 - 25,588 + 1,352 -1,437 Other F.R. assets 37,778 - 6,323 + 2,787 38,007 Gold stock 11,043 0 - 3 11,043 Special drawing rights certificate account 2,200 0 - 1,000 2,200 Treasury currency outstanding 32,838 + 14 + 2,079 32,838 Total factors supplying reserve funds 657,362 - 60,685 + 53,565 660,863 Currency in circulation* 612,802 - 2,383 + 44,453 613,429 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 429 + 3 + 252 422 Deposits, other than reserve balances, with F.R. Banks Treasury 8,462 + 2,171 + 1,105 9,668 Foreign 605 + 448 + 528 635 Service-related balances and adjustments (5) 8,140 + 432 + 1,246 8,140 Other 298 - 84 + 56 237 Other F.R. liabilities and capital 18,787 - 1,873 + 3,454 17,760 Total factors, other than reserve balances, absorbing reserve funds 649,523 - 1,286 + 51,094 650,291 Reserve balances with F.R. Banks (6) 7,838 - 59,400 + 2,469 10,572 On September 26, 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 $ 730,198 million, a change of $ + 2,402 million for the week. The total includes $ 602,300 million of U.S. government securities and $ 127,898 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 $ 28,571 million (daily average over statement week) and $ 32,821 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 28,571 million (daily average) and $ 32,821 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 4,926 million (daily average) and $ 6,506 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 $ 874 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 $ 7,649 million and adjustments of $ 491 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 26, 2001 Sep 19, 2001 Sep 27, 2000 ASSETS Gold certificate account 11,043 0 - 3 Special drawing rights certificate account 2,200 0 - 1,000 Coin 1,116 + 14 + 326 Loans 95 - 2,578 - 319 Acceptances 0 0 0 Repurchase agreements — triparty (1) 51,290 + 11,690 + 39,120 Federal agency obligations (2) Bought outright 10 0 - 120 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 167,782 + 200 - 17,634 Notes (3) 257,032 - 4 + 21,308 Bonds (4) 102,003 - 2 + 10,671 Total bought outright (5) 526,817 + 193 + 14,345 Held under repurchase agreements 0 0 0 Total U.S. government securities 526,817 + 193 + 14,345 Total loans and securities 578,212 + 9,305 + 53,026 Items in process of collection (1,017) 7,893 - 4,540 + 821 Bank premises 1,510 0 + 85 Other assets (6) 36,344 + 349 + 1,941 TOTAL ASSETS (1,017) 638,318 + 5,128 + 55,195 LIABILITIES Federal Reserve notes 582,129 - 1,881 + 42,243 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 20,527 + 5,386 + 7,500 U.S. Treasury—general account 9,668 + 4,255 + 1,682 Foreign—official accounts 635 + 377 + 560 Other (0) 237 - 51 + 48 Total deposits (0) 31,067 + 9,966 + 9,791 Deferred availability cash items (1,017) 7,363 - 645 + 436 Other liabilities and accrued dividends (7) 2,944 - 1,631 - 1,394 TOTAL LIABILITIES (1,017) 623,502 + 5,808 + 51,075 CAPITAL ACCOUNTS Capital paid in 7,208 + 6 + 259 Surplus 6,760 - 4 + 4,081 Other capital accounts 848 - 682 - 219 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 $ 560 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 $ 314 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 32,821 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 6,506 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 26, 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 92 21,870 + 1,187 0 0 43,785 0 16 days to 90 days 3 98,372 - 269 0 0 7,505 0 91 days to 1 year 0 130,118 - 718 0 0 ——— ——— Over 1 year to 5 years ——— 142,304 0 10 0 ——— ——— Over 5 years to 10 years ——— 55,572 - 4 0 0 ——— ——— Over 10 years ——— 78,581 - 3 0 0 ——— ——— Total 95 526,817 + 193 10 0 51,290 0 1 Includes $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 874 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 ,62 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 141 8 11 2 7 4 3 9 5 3 31 4 31 3 81 8 6 2 5 5 6 7 5 6 11,1 nioC 11 3 6 1 7 2 5 3 2 7 0 0 0 0 3 5 9 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 92,15 0 0 92,15 )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 409,61 2 40,3 9 71,5 3 25 7 40,6 3 00,91 7 35,11 3 20,01 3 28,9 1 98,6 9 27,86 1 80,01 2 87,761 slliB —thgirtuo thguoB 598,52 0 66,4 3 39,7 2 08 4 62,9 1 11,92 4 76,71 5 53,51 8 40,51 7 55,01 9 82,501 3 44,51 2 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 4 87,14 9 21,6 3 00,201 )4( sdnoB 670,35 0 55,9 0 62,61 4 46,1 8 89,81 6 66,95 6 22,63 2 74,13 2 48,03 8 36,12 2 08,512 2 56,13 7 18,625 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 670,35 0 55,9 0 62,61 4 46,1 8 89,81 6 66,95 6 22,63 2 74,13 2 48,03 8 36,12 2 08,512 2 56,13 7 18,625 seitiruces .tvog .S.U latoT 880,35 3 55,9 7 72,61 0 76,1 3 99,81 0 96,95 3 32,63 3 74,13 3 48,03 9 36,12 6 90,762 6 56,13 2 12,875 seitiruces dna snaol latoT 084,2 1 66 4 95 9 15 6 15 2 38 3 46 5 45 5 03 6 64 8 08 1 45 0 19,8 noitcelloc fo ssecorp ni smetI 371 7 31 9 4 4 21 0 4 6 01 5 82 2 31 2 51 9 4 9 61 3 9 0 15,1 sesimerp knaB 916,3 2 18 4 89 4 96 1 79 6 34,3 6 93,2 5 99,4 1 51,2 7 13,1 6 80,31 2 88,1 4 43,63 )6( stessa rehtO 973,7 - 1 67,2 + 2 76 + 7 23,4 + 9 58 + 0 05,6 + 0 65,2 + 7 17,41+ 4 21,1 - 1 58 - 2 70,32- 0 3 + 0 tnuocca tnemelttes tcirtsidretnI 394,35 8 16,41 1 30,91 1 45,7 1 58,12 8 39,17 9 82,34 3 39,25 8 30,33 8 02,32 5 74,362 9 19,43 5 33,936 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 065 $ 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 413 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 405,3 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 605,6 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 128,23 $ 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 ,62 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 379,64 5 80,31 0 84,71 3 92,6 7 02,02 6 23,66 7 12,04 6 10,54 5 63,03 6 71,12 1 00,342 0 99,13 9 21,285 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 841,2 7 47 3 46 4 04 1 49 9 80,3 5 78 4 95,3 5 98 0 09 8 29,4 3 63,1 7 25,02 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 8 66,9 0 8 66,9 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 2 1 2 16 2 5 36 stnuocca laiciffo—ngieroF 6 4 2 0 1 1 1 1 4 2 0 8 71 1 7 32 rehtO 751,2 2 57 6 46 5 04 2 49 3 90,3 7 78 3 46,3 9 98 2 09 5 83,51 6 63,1 7 60,13 stisoped latoT 014,2 8 23 1 04 7 74 6 62 3 86 3 48 8 16 4 43 2 35 4 69 4 15 0 83,8 smeti tiderc derrefeD deurcca dna seitilibail rehtO 172 7 9 8 11 2 6 5 21 5 13 1 52 3 42 3 71 4 31 1 79 4 81 4 49,2 )2( sdnedivid 118,15 2 62,41 5 46,81 6 32,7 1 45,12 8 14,07 8 81,24 0 25,94 1 87,13 4 47,22 1 23,062 4 50,43 9 15,426 SEITILIBAIL LATOT STNUOCCA LATIPAC 528 2 61 8 81 4 71 9 41 8 37 8 35 4 07,1 9 16 1 22 9 64,1 1 24 8 02,7 ni diap latipaC 297 8 81 9 71 1 31 8 31 2 36 5 94 9 76,1 2 74 8 22 8 64,1 8 53 0 67,6 sulpruS 56 6 9 1 0 3 2 1 51 8 6 1 3 7 61 5 1 8 12 5 8 8 48 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 394,35 8 16,41 1 30,91 1 45,7 1 58,12 8 39,17 9 82,34 3 39,25 8 30,33 8 02,32 5 74,362 9 19,43 5 33,936 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 550,17 1 29,23 3 60,12 9 69,8 1 45,32 5 27,37 3 85,46 1 71,65 2 79,53 5 10,92 7 43,882 3 14,63 5 77,147 gnidnatstuo seton .R.F 280,42 5 38,91 3 85,3 6 76,2 4 33,3 9 93,7 7 63,42 5 51,11 7 06,5 9 38,7 6 43,54 3 24,4 6 46,951 sknaB .R.F yb dleH—sseL 379,64 5 80,31 0 84,71 3 92,6 7 02,02 6 23,66 7 12,04 6 10,54 5 63,03 6 71,12 1 00,342 0 99,13 9 21,285 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 588,865 )3( seitiruces ycnega dna .tvog .S.U 921,285 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