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 8, 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 Nov 7, 2001 Oct 31, 2001 Nov 8, 2000 Nov 7, 2001 Reserve Bank Credit 609,350 - 7,831 + 47,026 611,462 U.S. government securities (1) Bought outright-system account (2,3) 544,264 + 829 + 33,540 545,603 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) 26,704 - 11,139 + 12,146 27,925 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 77 + 67 + 64 61 Seasonal credit 39 - 15 - 136 37 Extended credit 0 0 0 0 Float -4 + 136 - 1,149 -671 Other F.R. assets 38,261 + 2,293 + 2,682 38,498 Gold stock 11,045 0 - 1 11,045 Special drawing rights certificate account 2,200 0 - 1,000 2,200 Treasury currency outstanding 33,083 + 14 + 1,861 33,083 Total factors supplying reserve funds 655,678 - 7,817 + 47,887 657,790 Currency in circulation* 617,406 + 2,753 + 44,690 619,660 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 436 - 2 + 165 438 Deposits, other than reserve balances, with F.R. Banks Treasury 4,987 - 134 - 86 5,183 Foreign 96 - 16 0 124 Service-related balances and adjustments (5) 7,729 - 494 + 953 7,729 Other 280 + 44 + 23 278 Other F.R. liabilities and capital 18,054 + 175 + 1,189 17,822 Total factors, other than reserve balances, absorbing reserve funds 648,987 + 2,325 + 46,932 651,234 Reserve balances with F.R. Banks (6) 6,692 - 10,140 + 956 6,556 On November 7, 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 $ 731,440 million, a change of $ - 6,235 million for the week. The total includes $ 598,090 million of U.S. government securities and $ 133,350 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 $ 18,784 million (daily average over statement week) and $ 17,604 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 18,784 million (daily average) and $ 17,604 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 1,878 million (daily average) and $ 1,862 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 $ 918 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 $ 7,486 million and adjustments of $ 242 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 Nov 7, 2001 Oct 31, 2001 Nov 8, 2000 ASSETS Gold certificate account 11,045 0 - 1 Special drawing rights certificate account 2,200 0 - 1,000 Coin 1,116 - 7 + 210 Loans 97 + 42 - 62 Acceptances 0 0 0 Repurchase agreements — triparty (1) 27,925 - 17,125 + 15,950 Federal agency obligations (2) Bought outright 10 0 - 120 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 183,958 + 1,306 - 1,362 Notes (3) 258,395 + 6 + 22,381 Bonds (4) 103,250 + 4 + 10,570 Total bought outright (5) 545,603 + 1,316 + 31,588 Held under repurchase agreements 0 0 0 Total U.S. government securities 545,603 + 1,316 + 31,588 Total loans and securities 573,635 - 15,768 + 47,356 Items in process of collection (1,077) 8,746 + 1,070 - 1,492 Bank premises 1,518 + 5 + 83 Other assets (6) 37,230 + 507 + 1,967 TOTAL ASSETS (1,077) 635,490 - 14,192 + 47,123 LIABILITIES Federal Reserve notes 588,131 + 2,789 + 43,665 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 15,609 - 17,669 + 2,271 U.S. Treasury—general account 5,183 + 71 - 276 Foreign—official accounts 124 + 49 + 52 Other (0) 278 + 7 + 49 Total deposits (0) 21,194 - 17,541 + 2,096 Deferred availability cash items (1,077) 8,343 + 510 + 594 Other liabilities and accrued dividends (7) 2,752 - 21 - 1,520 TOTAL LIABILITIES (1,077) 620,420 - 14,263 + 44,835 CAPITAL ACCOUNTS Capital paid in 7,274 + 5 + 286 Surplus 6,742 + 4 + 4,063 Other capital accounts 1,054 + 61 - 2,061 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 $ 563 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 $ 355 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 17,604 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,862 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, November 7, 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 73 16,085 - 3,553 0 0 17,925 0 16 days to 90 days 24 123,672 + 10,234 0 0 10,000 0 91 days to 1 year 0 128,752 - 5,375 0 0 ——— ——— Over 1 year to 5 years ——— 147,078 0 10 0 ——— ——— Over 5 years to 10 years ——— 50,209 + 5 0 0 ——— ——— Over 10 years ——— 79,806 + 4 0 0 ——— ——— Total 97 545,603 + 1,316 10 0 27,925 0 1 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 918 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 ,7 rebmevoN 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 741 6 21 0 7 3 3 2 6 6 21 1 31 7 71 9 6 5 4 2 7 8 5 6 11,1 nioC 4 2 8 4 4 2 1 9 0 5 5 0 0 0 7 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 5 29,72 0 5 29,72 )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 335,81 5 33,3 8 76,5 4 75 0 36,6 5 38,02 0 56,21 0 99,01 0 77,01 6 55,7 5 53,57 3 50,11 8 59,381 slliB —thgirtuo thguoB 330,62 4 86,4 5 79,7 6 08 3 13,9 5 62,92 8 67,71 7 34,51 8 21,51 3 16,01 7 48,501 5 25,51 5 93,852 )3( setoN 204,01 2 78,1 7 81,3 2 23 1 27,3 4 96,11 0 01,7 8 61,6 5 40,6 1 42,4 5 92,24 3 02,6 0 52,301 )4( sdnoB 869,45 1 98,9 0 48,61 2 07,1 5 66,91 4 97,16 7 15,73 5 95,23 2 49,13 0 14,22 7 94,322 1 87,23 3 06,545 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 869,45 1 98,9 0 48,61 2 07,1 5 66,91 4 97,16 7 15,73 5 95,23 2 49,13 0 14,22 7 94,322 1 87,23 3 06,545 seitiruces .tvog .S.U latoT 379,45 3 98,9 9 48,61 6 07,1 0 76,91 7 08,16 7 25,73 5 95,23 8 99,13 0 14,22 6 24,152 2 87,23 5 36,375 seitiruces dna snaol latoT 612,3 2 65 8 55 7 36 3 06 8 81 9 09 6 65 4 24 7 45 6 30,1 7 75 3 28,9 noitcelloc fo ssecorp ni smetI 271 7 31 9 4 3 21 1 4 0 11 5 82 2 31 2 51 9 4 4 71 2 9 8 15,1 sesimerp knaB 696,3 6 28 5 10,1 8 86 5 10,1 5 45,3 4 64,2 3 89,4 3 02,2 9 92,1 7 55,31 9 39,1 0 32,73 )6( stessa rehtO 446,9 - 4 41,3 + 7 89 - 4 94,7 + 0 41 + 8 43,6 + 2 31,2 + 4 55,11+ 9 91,2 - 5 70,2 - 5 20,31- 3 88,2 - 0 tnuocca tnemelttes tcirtsidretnI 929,35 3 62,51 6 39,71 6 58,01 4 49,12 5 63,37 4 84,44 6 98,05 9 82,33 3 18,22 5 65,852 7 22,33 7 65,636 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 365 $ 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 553 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 279,3 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 268,1 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 406,71 $ 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 ,7 rebmevoN 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 165,74 9 76,31 2 16,61 2 54,9 5 77,02 9 51,86 2 05,14 8 52,44 7 05,03 8 61,12 2 65,342 5 98,03 1 31,885 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 487,1 6 86 4 74 5 14 3 74 7 75,2 7 97 9 10,2 2 09 0 14 0 93,4 3 86 9 06,51 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 3 81,5 0 3 81,5 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 2 1 0 01 2 4 21 stnuocca laiciffo—ngieroF 4 4 2 1 1 0 1 1 5 11 0 0 6 31 5 8 72 rehtO 197,1 0 96 6 84 7 14 3 74 1 85,2 0 08 1 41,2 5 09 1 14 9 08,9 0 96 4 91,12 stisoped latoT 516,2 8 34 3 33 3 36 0 62 1 87 7 38 9 27 1 54 6 36 1 11,1 6 95 0 24,9 smeti tiderc derrefeD deurcca dna seitilibail rehtO 152 3 9 1 11 4 6 7 11 3 92 8 22 8 32 4 61 5 21 9 98 9 61 2 57,2 )2( sdnedivid 812,25 1 09,41 2 45,71 6 65,01 6 26,12 4 18,17 7 63,34 6 63,74 7 20,23 0 43,22 1 83,552 9 43,23 7 94,126 SEITILIBAIL LATOT STNUOCCA LATIPAC 728 3 61 9 81 7 71 9 41 6 47 9 35 7 57,1 3 16 2 22 2 74,1 1 24 4 72,7 ni diap latipaC 297 8 81 9 71 3 11 8 31 2 36 5 94 9 76,1 2 74 8 22 8 64,1 8 53 2 47,6 sulpruS 19 1 1 7 2 0 1 3 3 71 4 8 5 9 7 71 3 2 4 42 8 9 4 50,1 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 929,35 3 62,51 6 39,71 6 58,01 4 49,12 5 63,37 4 84,44 6 98,05 9 82,33 3 18,22 5 65,852 7 22,33 7 65,636 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 819,96 0 90,33 3 09,02 0 79,11 8 05,32 1 86,57 4 74,46 9 97,55 8 46,53 2 19,82 8 65,782 3 61,63 5 36,347 gnidnatstuo seton .R.F 753,22 2 14,91 1 92,4 8 15,2 3 37,2 2 25,7 1 79,22 1 45,11 1 41,5 4 47,7 5 00,44 8 62,5 5 05,551 sknaB .R.F yb dleH—sseL 165,74 9 76,31 2 16,61 2 54,9 5 77,02 9 51,86 2 05,14 8 52,44 7 05,03 8 61,12 2 65,342 5 98,03 1 31,885 ten ,seton .R.F seton .R.F tsniaga dleh laretalloC 540,11 tnuocca etacifitrec dloG sthgir gniward laicepS 002,2 tnuocca etacifitrec 843,1 stessa elbigile rehtO 835,375 )3( seitiruces ycnega dna .tvog .S.U 131,885 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