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. November 1, 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 Oct 31, 2001 Oct 24, 2001 Nov 1, 2000 Oct 31, 2001 Reserve Bank Credit 617,178 + 10,559 + 53,351 625,352 U.S. government securities (1) Bought outright-system account (2,3) 543,435 - 142 + 33,136 544,287 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) 37,843 + 10,438 + 21,838 45,050 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 10 0 - 8 15 Seasonal credit 54 - 10 - 186 40 Extended credit 0 0 0 0 Float -139 - 108 - 692 250 Other F.R. assets 35,964 + 379 - 618 35,699 Gold stock 11,045 0 - 1 11,045 Special drawing rights certificate account 2,200 0 - 1,000 2,200 Treasury currency outstanding 33,069 + 14 + 1,976 33,069 Total factors supplying reserve funds 663,492 + 10,572 + 54,326 671,666 Currency in circulation* 614,653 - 154 + 43,599 616,853 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 438 - 13 + 152 435 Deposits, other than reserve balances, with F.R. Banks Treasury 5,121 - 200 - 50 5,112 Foreign 112 - 467 + 31 75 Service-related balances and adjustments (5) 8,223 + 166 + 1,394 8,223 Other 236 - 26 - 20 271 Other F.R. liabilities and capital 17,879 + 35 + 1,317 17,773 Total factors, other than reserve balances, absorbing reserve funds 646,662 - 660 + 46,422 648,741 Reserve balances with F.R. Banks (6) 16,830 + 11,232 + 7,904 22,925 On October 31, 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 $ 737,675 million, a change of $ - 85 million for the week. The total includes $ 602,019 million of U.S. government securities and $ 135,657 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 $ 19,022 million (daily average over statement week) and $ 18,722 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 19,022 million (daily average) and $ 18,722 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 2,048 million (daily average) and $ 2,362 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 908 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 $ 7,428 million and adjustments of $ 795 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 Oct 31, 2001 Oct 24, 2001 Nov 1, 2000 ASSETS Gold certificate account 11,045 0 - 1 Special drawing rights certificate account 2,200 0 - 1,000 Coin 1,123 + 10 + 237 Loans 55 - 47 - 148 Acceptances 0 0 0 Repurchase agreements — triparty (1) 45,050 + 15,000 + 20,110 Federal agency obligations (2) Bought outright 10 0 - 120 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 182,652 - 381 + 340 Notes (3) 258,389 0 + 22,786 Bonds (4) 103,246 + 478 + 10,859 Total bought outright (5) 544,287 + 97 + 33,985 Held under repurchase agreements 0 0 0 Total U.S. government securities 544,287 + 97 + 33,985 Total loans and securities 589,403 + 15,051 + 53,828 Items in process of collection (955) 7,676 - 33 - 1,158 Bank premises 1,513 - 1 + 79 Other assets (6) 36,723 - 37 + 1,971 TOTAL ASSETS (955) 649,682 + 14,988 + 53,955 LIABILITIES Federal Reserve notes 585,342 + 1,409 + 42,585 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 33,278 + 12,150 + 10,784 U.S. Treasury—general account 5,112 + 815 - 37 Foreign—official accounts 75 - 207 0 Other (0) 271 + 20 - 7 Total deposits (0) 38,735 + 12,777 + 10,740 Deferred availability cash items (955) 7,833 + 628 - 693 Other liabilities and accrued dividends (7) 2,773 - 54 - 1,523 TOTAL LIABILITIES (955) 634,683 + 14,760 + 51,109 CAPITAL ACCOUNTS Capital paid in 7,269 - 6 + 282 Surplus 6,738 + 3 + 4,059 Other capital accounts 993 + 233 - 1,494 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 $ 557 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 351 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 18,722 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,362 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, October 31, 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 44 19,638 - 2,457 0 0 39,050 0 16 days to 90 days 11 113,438 - 3,283 0 0 6,000 0 91 days to 1 year 0 134,127 + 4,480 0 0 ——— ——— Over 1 year to 5 years ——— 147,078 + 880 10 0 ——— ——— Over 5 years to 10 years ——— 50,204 0 0 0 ——— ——— Over 10 years ——— 79,802 + 478 0 0 ——— ——— Total 55 544,287 + 97 10 0 45,050 0 1 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 908 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 ,13 rebotcO 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 1 54,4 6 45 5 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 641 7 21 0 7 4 3 2 6 7 21 4 31 7 71 8 6 8 4 0 7 9 5 3 21,1 nioC 01 5 4 1 1 4 3 1 7 0 0 1 0 0 5 5 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 50,54 0 0 50,54 )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 204,81 1 13,3 8 36,5 0 75 3 85,6 7 86,02 0 65,21 2 19,01 3 96,01 2 05,7 0 28,47 4 79,01 2 56,281 slliB —thgirtuo thguoB 230,62 4 86,4 5 79,7 6 08 3 13,9 5 62,92 8 67,71 6 34,51 7 21,51 3 16,01 5 48,501 5 25,51 9 83,852 )3( setoN 204,01 2 78,1 7 81,3 2 23 1 27,3 3 96,11 0 01,7 8 61,6 5 40,6 1 42,4 3 92,24 3 02,6 6 42,301 )4( sdnoB 638,45 7 68,9 0 08,61 8 96,1 8 16,91 5 46,16 7 24,73 6 15,23 5 68,13 6 53,22 8 59,222 2 07,23 7 82,445 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 638,45 7 68,9 0 08,61 8 96,1 8 16,91 5 46,16 7 24,73 6 15,23 5 68,13 6 53,22 8 59,222 2 07,23 7 82,445 seitiruces .tvog .S.U latoT 748,45 2 78,9 4 08,61 9 07,1 2 26,91 9 56,16 5 34,73 7 15,23 6 68,13 8 53,22 2 10,862 3 07,23 3 04,985 seitiruces dna snaol latoT 203,2 4 83 6 95 4 16 3 93 0 66 1 27 4 06 9 53 5 45 0 29 3 35 1 36,8 noitcelloc fo ssecorp ni smetI 271 7 31 9 4 3 21 1 4 9 01 5 82 2 31 2 51 9 4 1 71 2 9 3 15,1 sesimerp knaB 546,3 4 18 9 99 0 86 4 99 8 84,3 4 24,2 3 39,4 0 71,2 4 03,1 4 63,31 9 09,1 3 27,63 )6( stessa rehtO 453,7 - 7 92,3 + 0 76 - 8 38,7 + 9 44 + 1 10,6 + 6 91,2 + 5 57,11+ 0 51,1 - 5 81,2 - 1 42,91- 5 49 - 0 tnuocca tnemelttes tcirtsidretnI 821,55 6 02,51 2 32,81 1 71,11 5 79,12 3 92,37 2 32,44 5 00,15 7 01,43 6 56,22 1 26,862 2 10,53 8 36,056 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 755 $ 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 153 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 279,3 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 263,2 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 227,81 $ 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 ,13 rebotcO 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 623,74 7 66,31 9 65,61 7 11,9 2 45,02 6 18,76 9 07,04 0 93,44 3 23,03 6 20,12 7 59,242 2 09,03 2 43,585 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 594,3 2 56 9 96 1 31,1 7 17 7 49,2 6 63,1 1 51,2 0 48,1 2 35 3 42,51 4 05,2 8 72,33 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 2 11,5 0 2 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 7 4 2 1 3 1 1 2 4 2 8 1 0 8 31 6 1 72 rehtO 605,3 7 56 2 17 6 41,1 8 17 1 59,2 2 73,1 0 42,2 4 48,1 4 35 4 45,02 2 15,2 5 37,83 stisoped latoT 533,2 0 34 5 44 9 55 2 82 6 86 8 08 1 66 1 15 9 94 2 20,1 0 55 8 87,8 smeti tiderc derrefeD deurcca dna seitilibail rehtO 152 2 9 4 11 3 6 7 11 3 92 9 22 9 32 6 61 6 21 2 19 1 71 3 77,2 )2( sdnedivid 714,35 6 48,41 0 48,71 4 88,01 0 66,12 6 47,17 8 11,34 9 25,74 4 48,23 5 81,22 5 34,562 5 31,43 8 36,536 SEITILIBAIL LATOT STNUOCCA LATIPAC 628 3 61 9 81 8 71 9 41 1 47 9 35 7 57,1 3 16 3 22 2 74,1 1 24 9 62,7 ni diap latipaC 297 8 81 9 71 9 01 8 31 2 36 5 94 9 76,1 2 74 8 22 8 64,1 8 53 8 37,6 sulpruS 29 9 4 2 0 9 2 4 71 0 8 0 4 9 71 1 2 7 42 7 9 3 99 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 821,55 6 02,51 2 32,81 1 71,11 5 79,12 3 92,37 2 32,44 5 00,15 7 01,43 6 56,22 1 26,862 2 10,53 8 36,056 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 321,07 4 02,33 4 48,02 7 86,11 3 13,32 2 73,57 6 42,46 2 98,55 6 26,53 0 79,82 1 94,682 0 91,63 7 59,147 gnidnatstuo seton .R.F 897,22 7 35,91 5 72,4 0 75,2 1 77,2 6 55,7 7 35,32 2 05,11 3 03,5 4 49,7 4 35,34 7 82,5 5 16,651 sknaB .R.F yb dleH—sseL 623,74 7 66,31 9 65,61 7 11,9 2 45,02 6 18,76 9 07,04 0 93,44 3 23,03 6 20,12 7 59,242 2 09,03 2 43,585 ten ,seton .R.F seton .R.F tsniaga dleh laretalloC 540,11 tnuocca etacifitrec dloG sthgir gniward laicepS 002,2 tnuocca etacifitrec 0 stessa elbigile rehtO 790,275 )3( seitiruces ycnega dna .tvog .S.U 243,585 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