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 29, 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 28, 2001 Nov 21, 2001 Nov 29, 2000 Nov 28, 2001 Reserve Bank Credit 621,130 + 1,905 + 47,578 627,158 U.S. government securities (1) Bought outright-system account (2,3) 549,494 + 426 + 35,805 550,765 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) 35,243 + 986 + 10,523 39,350 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 9 - 24 - 39 3 Seasonal credit 33 + 3 - 115 33 Extended credit 0 0 0 0 Float 702 + 101 + 52 1,024 Other F.R. assets 35,639 + 413 + 1,473 35,974 Gold stock 11,045 0 - 1 11,045 Special drawing rights certificate account 2,200 0 - 1,000 2,200 Treasury currency outstanding 33,113 + 2 + 1,757 33,111 Total factors supplying reserve funds 667,488 + 1,907 + 48,335 673,514 Currency in circulation* 626,232 + 3,247 + 45,743 626,851 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 429 - 7 + 114 434 Deposits, other than reserve balances, with F.R. Banks Treasury 5,074 - 529 + 134 4,313 Foreign 327 + 155 + 253 351 Service-related balances and adjustments (5) 8,158 - 84 + 1,400 8,158 Other 263 - 11 + 34 272 Other F.R. liabilities and capital 17,815 + 49 - 212 17,858 Total factors, other than reserve balances, absorbing reserve funds 658,298 + 2,820 + 47,465 658,237 Reserve balances with F.R. Banks (6) 9,190 - 913 + 869 15,277 On November 28, 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 $ 737,351 million, a change of $ - 3,571 million for the week. The total includes $ 605,995 million of U.S. government securities and $ 131,356 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 $ 19,416 million (daily average over statement week) and $ 18,991 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 19,416 million (daily average) and $ 18,991 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 3,677 million (daily average) and $ 5,553 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 $ 951 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 $ 7,807 million and adjustments of $ 351 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 28, 2001 Nov 21, 2001 Nov 29, 2000 ASSETS Gold certificate account 11,045 0 - 1 Special drawing rights certificate account 2,200 0 - 1,000 Coin 1,046 - 28 + 154 Loans 35 0 - 403 Acceptances 0 0 0 Repurchase agreements — triparty (1) 39,350 + 3,100 + 13,720 Federal agency obligations (2) Bought outright 10 0 - 120 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 185,299 + 644 + 1,482 Notes (3) 262,376 + 901 + 24,572 Bonds (4) 103,090 + 55 + 10,403 Total bought outright (5) 550,765 + 1,599 + 36,457 Held under repurchase agreements 0 0 0 Total U.S. government securities 550,765 + 1,599 + 36,457 Total loans and securities 590,161 + 4,701 + 49,655 Items in process of collection (839) 8,037 - 1,571 + 839 Bank premises 1,519 0 + 78 Other assets (6) 34,779 + 554 + 1,779 TOTAL ASSETS (839) 648,787 + 3,656 + 51,505 LIABILITIES Federal Reserve notes 595,220 + 547 + 44,263 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 23,283 + 3,656 + 6,921 U.S. Treasury—general account 4,313 - 314 - 743 Foreign—official accounts 351 + 188 + 278 Other (0) 272 + 15 + 45 Total deposits (0) 28,219 + 3,545 + 6,501 Deferred availability cash items (839) 7,490 - 688 + 796 Other liabilities and accrued dividends (7) 2,687 - 9 - 1,722 TOTAL LIABILITIES (839) 633,616 + 3,395 + 49,838 CAPITAL ACCOUNTS Capital paid in 7,370 + 89 + 299 Surplus 6,733 + 3 + 4,054 Other capital accounts 1,069 + 170 - 2,685 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 $ 583 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 $ 368 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 18,991 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 5,553 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 28, 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 31 23,947 + 2,060 0 0 30,350 0 16 days to 90 days 5 113,309 - 1,710 0 0 9,000 0 91 days to 1 year 0 130,323 + 296 0 0 ——— ——— Over 1 year to 5 years ——— 151,091 + 944 10 0 ——— ——— Over 5 years to 10 years ——— 53,251 + 6 0 0 ——— ——— Over 10 years ——— 78,845 + 5 0 0 ——— ——— Total 35 550,765 + 1,599 10 0 39,350 0 1 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 951 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 ,82 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 531 7 21 8 6 2 3 6 5 0 21 9 01 2 71 2 6 0 4 0 7 4 5 6 40,1 nioC 1 2 7 3 4 4 1 4 0 2 0 0 0 5 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 0 53,93 0 0 53,93 )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 866,81 9 53,3 9 17,5 8 75 9 76,6 7 89,02 2 47,21 0 70,11 8 48,01 1 16,7 5 09,57 3 31,11 9 92,581 slliB —thgirtuo thguoB 434,62 6 57,4 8 90,8 9 18 7 54,9 6 17,92 2 40,81 4 76,51 1 63,51 7 77,01 8 74,701 4 67,51 6 73,262 )3( setoN 683,01 9 68,1 2 81,3 2 23 6 17,3 6 76,11 9 80,7 9 51,6 5 30,6 4 32,4 9 22,24 4 91,6 0 90,301 )4( sdnoB 884,55 4 89,9 0 00,71 8 17,1 1 58,91 9 73,26 2 78,73 3 09,23 4 42,23 2 26,22 2 16,522 1 90,33 5 67,055 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 884,55 4 89,9 0 00,71 8 17,1 1 58,91 9 73,26 2 78,73 3 09,23 4 42,23 2 26,22 2 16,522 1 90,33 5 67,055 seitiruces .tvog .S.U latoT 094,55 6 89,9 7 00,71 1 27,1 6 58,91 3 93,26 7 78,73 4 09,23 7 42,23 3 26,22 6 69,462 2 90,33 1 61,095 seitiruces dna snaol latoT 414,2 3 53 0 15 9 26 2 14 7 37 2 37 3 85 0 73 1 15 1 81,1 4 44 6 78,8 noitcelloc fo ssecorp ni smetI 271 7 31 9 4 3 21 2 4 1 11 5 82 3 31 2 51 9 4 5 71 3 9 9 15,1 sesimerp knaB 144,3 9 77 9 39 9 66 6 29 6 62,3 3 82,2 2 97,4 6 50,2 8 91,1 0 46,21 1 97,1 9 77,43 )6( stessa rehtO 141,9 - 6 45,3 + 6 46 - 7 70,01+ 4 06,1 + 6 77,6 + 4 91,4 + 5 61,11+ 7 35,1 - 8 22,1 - 0 92,32- 1 25,1 - 0 tnuocca tnemelttes tcirtsidretnI 188,35 3 05,51 9 03,81 4 24,31 0 13,32 3 46,47 8 15,64 6 36,05 1 99,33 0 37,32 7 60,162 4 16,43 6 26,946 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 385 $ 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 863 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 279,3 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 355,5 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 199,81 $ 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 ,82 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 432,84 4 79,31 7 96,61 8 50,21 9 82,12 3 15,86 6 20,34 1 19,34 2 45,03 2 30,22 8 09,342 6 30,13 0 22,595 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 495,1 7 57 2 47 5 34 4 83,1 0 85,3 6 92,1 1 21,2 1 06,1 6 34 3 03,7 4 30,2 3 82,32 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 3 13,4 0 3 13,4 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 2 1 7 23 2 1 53 stnuocca laiciffo—ngieroF 2 3 2 1 0 2 1 2 9 01 2 1 7 31 1 2 72 rehtO 995,1 1 67 5 57 7 34 7 83,1 4 85,3 0 03,1 7 32,2 4 06,1 7 34 0 80,21 7 30,2 9 12,82 stisoped latoT 741,2 6 13 3 53 4 85 3 02 5 56 3 48 5 86 8 63 7 66 8 00,1 9 94 9 23,8 smeti tiderc derrefeD deurcca dna seitilibail rehtO 842 1 9 8 01 3 6 5 11 1 82 2 22 7 52 1 61 0 21 7 58 5 61 7 86,2 )2( sdnedivid 822,25 2 41,51 2 19,71 1 41,31 4 99,22 2 30,37 2 93,54 1 90,74 5 76,23 7 52,32 2 58,752 8 37,33 5 54,436 SEITILIBAIL LATOT STNUOCCA LATIPAC 897 3 61 0 91 0 81 9 41 5 77 5 45 7 57,1 0 76 2 22 9 94,1 2 24 0 73,7 ni diap latipaC 297 8 81 9 71 4 01 8 31 2 36 5 94 9 76,1 2 74 8 22 8 64,1 8 53 3 37,6 sulpruS 26 0 1 7 2 0 9 2 4 02 5 8 0 11 4 71 3 2 8 42 6 9 9 60,1 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 188,35 3 05,51 9 03,81 4 24,31 0 13,32 3 46,47 8 15,64 6 36,05 1 99,33 0 37,32 7 60,162 4 16,43 6 26,946 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 089,96 2 81,33 5 30,12 7 63,41 7 01,42 0 56,57 4 08,46 6 66,55 1 54,53 6 87,82 3 69,782 4 19,53 6 09,647 gnidnatstuo seton .R.F 747,12 8 02,91 8 33,4 0 13,2 8 18,2 8 31,7 7 77,12 5 57,11 8 09,4 4 57,6 5 50,44 8 78,4 6 86,151 sknaB .R.F yb dleH—sseL 432,84 4 79,31 7 96,61 8 50,21 9 82,12 3 15,86 6 20,34 1 19,34 2 45,03 2 30,22 8 09,342 6 30,13 0 22,595 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 579,185 )3( seitiruces ycnega dna .tvog .S.U 022,595 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