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 15, 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 14, 2001 Nov 7, 2001 Nov 15, 2000 Nov 14, 2001 Reserve Bank Credit 616,009 + 6,659 + 49,300 627,269 U.S. government securities (1) Bought outright-system account (2,3) 546,037 + 1,773 + 33,701 547,300 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) 31,004 + 4,300 + 13,577 37,755 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 90 + 13 + 52 1 Seasonal credit 31 - 8 - 124 28 Extended credit 0 0 0 0 Float 80 + 84 - 991 3,292 Other F.R. assets 38,757 + 496 + 3,205 38,882 Gold stock 11,045 0 - 1 11,045 Special drawing rights certificate account 2,200 0 - 1,000 2,200 Treasury currency outstanding 33,097 + 14 + 1,831 33,097 Total factors supplying reserve funds 662,351 + 6,673 + 50,130 673,611 Currency in circulation* 621,370 + 3,964 + 47,167 623,072 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 438 + 2 + 164 437 Deposits, other than reserve balances, with F.R. Banks Treasury 4,690 - 297 - 589 5,347 Foreign 149 + 53 + 70 471 Service-related balances and adjustments (5) 7,792 + 63 + 845 7,792 Other 256 - 24 + 56 262 Other F.R. liabilities and capital 17,967 - 87 + 439 17,604 Total factors, other than reserve balances, absorbing reserve funds 652,663 + 3,676 + 48,152 654,984 Reserve balances with F.R. Banks (6) 9,688 + 2,996 + 1,979 18,626 On November 14, 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 $ 736,368 million, a change of $ + 4,928 million for the week. The total includes $ 599,220 million of U.S. government securities and $ 137,148 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 $ 19,243 million (daily average over statement week) and $ 18,225 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 19,243 million (daily average) and $ 18,225 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 1,732 million (daily average) and $ 2,225 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 $ 929 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 $ 7,487 million and adjustments of $ 305 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 14, 2001 Nov 7, 2001 Nov 15, 2000 ASSETS Gold certificate account 11,045 0 - 1 Special drawing rights certificate account 2,200 0 - 1,000 Coin 1,107 - 9 + 198 Loans 30 - 67 - 377 Acceptances 0 0 0 Repurchase agreements — triparty (1) 37,755 + 9,830 + 11,960 Federal agency obligations (2) Bought outright 10 0 - 120 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 183,506 - 452 + 462 Notes (3) 260,540 + 2,145 + 24,519 Bonds (4) 103,254 + 4 + 10,572 Total bought outright (5) 547,300 + 1,697 + 35,552 Held under repurchase agreements 0 0 0 Total U.S. government securities 547,300 + 1,697 + 35,552 Total loans and securities 585,095 + 11,460 + 47,015 Items in process of collection (712) 14,671 + 5,925 + 6,749 Bank premises 1,518 0 + 76 Other assets (6) 37,632 + 402 + 5,561 TOTAL ASSETS (712) 653,268 + 17,778 + 58,599 LIABILITIES Federal Reserve notes 591,519 + 3,388 + 45,707 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 26,825 + 11,216 + 7,847 U.S. Treasury—general account 5,347 + 164 + 497 Foreign—official accounts 471 + 347 + 381 Other (1) 262 - 16 - 4 Total deposits (1) 32,904 + 11,710 + 8,721 Deferred availability cash items (711) 11,241 + 2,898 + 3,885 Other liabilities and accrued dividends (7) 2,744 - 8 - 1,620 TOTAL LIABILITIES (712) 638,409 + 17,989 + 56,693 CAPITAL ACCOUNTS Capital paid in 7,277 + 3 + 289 Surplus 6,735 - 7 + 4,056 Other capital accounts 848 - 206 - 2,439 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 $ 570 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 $ 359 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 18,225 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,225 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 14, 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 8 22,735 + 6,650 0 0 26,755 0 16 days to 90 days 22 117,379 - 6,293 0 0 11,000 0 91 days to 1 year 0 129,352 + 600 0 0 ——— ——— Over 1 year to 5 years ——— 147,808 + 730 10 0 ——— ——— Over 5 years to 10 years ——— 50,214 + 5 0 0 ——— ——— Over 10 years ——— 79,811 + 5 0 0 ——— ——— Total 30 547,300 + 1,697 10 0 37,755 0 1 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 929 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 ,41 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 541 0 31 8 6 3 3 0 6 8 21 9 21 5 71 7 6 4 4 9 6 9 5 7 01,1 nioC 1 2 7 3 4 8 4 0 0 0 0 1 0 3 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 57,73 0 5 57,73 )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 884,81 7 23,3 4 66,5 3 75 4 16,6 3 87,02 8 16,21 3 69,01 3 47,01 7 35,7 0 71,57 5 20,11 6 05,381 slliB —thgirtuo thguoB 942,62 3 27,4 2 40,8 3 18 1 93,9 8 05,92 6 19,71 5 65,51 3 52,51 1 07,01 6 27,601 4 56,51 0 45,062 )3( setoN 304,01 2 78,1 7 81,3 2 23 2 27,3 4 96,11 0 01,7 8 61,6 5 40,6 1 42,4 6 92,24 4 02,6 4 52,301 )4( sdnoB 931,55 2 29,9 3 98,61 8 07,1 6 27,91 6 89,16 4 36,73 6 96,23 2 40,23 0 84,22 2 91,422 3 88,23 0 03,745 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 931,55 2 29,9 3 98,61 8 07,1 6 27,91 6 89,16 4 36,73 6 96,23 2 40,23 0 84,22 2 91,422 3 88,23 0 03,745 seitiruces .tvog .S.U latoT 141,55 3 29,9 9 98,61 1 17,1 1 37,91 5 99,16 9 36,73 7 96,23 2 40,23 0 84,22 1 59,162 4 88,23 5 90,585 seitiruces dna snaol latoT 225,3 4 01,1 8 59 8 78 3 58 1 69 0 13,1 4 81,1 9 06 4 87 9 41,2 1 70,1 3 83,51 noitcelloc fo ssecorp ni smetI 271 7 31 9 4 3 21 1 4 0 11 5 82 3 31 2 51 9 4 4 71 2 9 8 15,1 sesimerp knaB 247,3 2 38 0 30,1 4 86 9 20,1 1 95,3 6 84,2 6 79,4 1 32,2 7 13,1 0 57,31 3 69,1 2 36,73 )6( stessa rehtO 280,8 - 5 48,2 + 1 74 - 4 32,9 + 9 59 + 9 59,5 + 6 71,3 + 8 50,01+ 4 41 - 1 01,2 - 6 53,02- 8 70,1 - 0 tnuocca tnemelttes tcirtsidretnI 010,65 6 45,51 7 19,81 6 38,21 8 80,32 5 89,37 2 60,64 0 11,05 0 06,53 1 11,32 4 60,362 2 56,53 0 89,356 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 075 $ 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 953 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 279,3 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 522,2 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 522,81 $ 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 ,41 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 359,74 6 27,31 5 84,61 0 39,01 9 41,12 2 84,86 7 60,24 9 99,34 3 25,03 1 74,12 6 95,342 7 31,13 9 15,195 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 568,2 3 97 7 83,1 7 37 9 51,1 7 87,2 1 85,1 4 23,1 5 31,3 0 84 2 19,7 4 66,2 5 28,62 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 7 43,5 0 7 43,5 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 2 1 7 44 2 1 74 stnuocca laiciffo—ngieroF 501- 4 4 1 6 9 0 1 1 6 01 2 0 1 31 1 1 3 62 rehtO 467,2 9 97 1 04,1 5 38 0 61,1 1 97,2 4 85,1 8 34,1 9 31,3 1 84 7 38,31 7 76,2 5 09,23 stisoped latoT 683,3 2 75 1 35 0 27 9 43 4 68 9 80,1 4 39 9 25 8 65 4 06,1 6 08 3 59,11 smeti tiderc derrefeD deurcca dna seitilibail rehtO 352 4 9 1 11 6 6 8 11 8 82 8 22 9 32 4 61 6 21 9 88 9 61 4 47,2 )2( sdnedivid 753,45 1 91,51 8 25,81 1 55,21 5 77,22 4 24,27 9 69,44 9 06,64 5 53,43 6 46,22 6 29,952 9 87,43 1 21,936 SEITILIBAIL LATOT STNUOCCA LATIPAC 997 3 61 9 81 9 71 9 41 4 77 9 35 7 57,1 3 16 2 22 2 74,1 1 24 7 72,7 ni diap latipaC 297 8 81 9 71 6 01 8 31 2 36 5 94 9 76,1 2 74 8 22 8 64,1 8 53 5 37,6 sulpruS 36 4 0 2 0 6 2 5 51 9 5 5 6 0 61 4 1 9 91 4 8 8 48 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 010,65 6 45,51 7 19,81 6 38,21 8 80,32 5 89,37 2 60,64 0 11,05 0 06,53 1 11,32 4 60,362 2 56,53 0 89,356 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 557,96 9 10,33 4 29,02 2 93,31 9 38,32 7 59,57 3 74,46 9 27,55 6 66,53 2 58,82 5 43,882 0 31,63 0 80,647 gnidnatstuo seton .R.F 208,12 3 92,91 9 34,4 1 64,2 0 96,2 5 74,7 6 04,22 0 37,11 3 41,5 0 83,7 9 47,44 2 99,4 1 65,451 sknaB .R.F yb dleH—sseL 359,74 6 27,31 5 84,61 0 39,01 9 41,12 2 84,86 7 60,24 9 99,34 3 25,03 1 74,12 6 95,342 7 31,13 9 15,195 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 472,875 )3( seitiruces ycnega dna .tvog .S.U 915,195 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