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. February 7, 2002 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 Feb 6, 2002 Jan 30, 2002 Feb 7, 2001 Feb 6, 2002 Reserve Bank Credit 629,719 + 2,091 + 57,637 631,728 U.S. government securities (1) Bought outright-system account (2,3) 562,126 + 1,085 + 46,547 563,520 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 10 0 - 111 10 Held under repurchase agreements 0 0 0 0 Repurchase agreements — triparty (4) 28,607 + 143 + 9,686 29,500 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 6 - 5 0 5 Seasonal credit 16 - 3 - 3 25 Extended credit 0 0 0 0 Float 964 + 986 + 341 351 Other F.R. assets 37,991 - 114 + 1,177 38,316 Gold stock 11,045 0 - 1 11,044 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding 33,265 + 14 + 1,300 33,265 Total factors supplying reserve funds 676,229 + 2,105 + 58,936 678,238 Currency in circulation* 631,637 + 1,357 + 51,615 634,133 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 414 - 8 - 64 408 Deposits, other than reserve balances, with F.R. Banks Treasury 6,196 - 2,974 + 1,347 5,376 Foreign 190 - 73 + 101 594 Service-related balances and adjustments (5) 9,014 + 87 + 2,566 9,014 Other 262 + 25 - 77 253 Other F.R. liabilities and capital 17,539 + 38 - 493 17,460 Total factors, other than reserve balances, absorbing reserve funds 665,252 - 1,548 + 54,994 667,238 Reserve balances with F.R. Banks (6) 10,977 + 3,653 + 3,942 10,999 On February 6, 2002, 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 $ 730,389 million, a change of $ + 3,576 million for the week. The total includes $ 600,995 million of U.S. government securities and $ 129,393 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 $ 19,161 million (daily average over statement week) and $ 18,342 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 19,161 million (daily average) and $ 18,342 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 1,653 million (daily average) and $ 1,844 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 10,186 million of inflation-indexed securities valued at the original face amount and $ 934 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 $ 8,649 million and adjustments of $ 365 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 Feb 6, 2002 Jan 30, 2002 Feb 7, 2001 ASSETS Gold certificate account 11,044 - 1 - 2 Special drawing rights certificate account 2,200 0 0 Coin 1,162 + 11 + 67 Loans 30 + 5 - 1 Acceptances 0 0 0 Repurchase agreements — triparty (1) 29,500 - 2,750 + 5,515 Federal agency obligations (2) Bought outright 10 0 - 100 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 189,785 - 112 + 6,368 Notes (3) 269,172 + 604 + 29,448 Bonds (4) 104,563 + 95 + 11,218 Total bought outright (5) 563,520 + 587 + 47,034 Held under repurchase agreements 0 0 0 Total U.S. government securities 563,520 + 587 + 47,034 Total loans and securities 593,061 - 2,158 + 52,450 Items in process of collection (1,053) 9,584 - 101 - 686 Bank premises 1,510 + 1 + 42 Other assets (6) 36,812 - 48 + 1,195 TOTAL ASSETS (1,053) 655,374 - 2,295 + 53,066 LIABILITIES Federal Reserve notes 602,438 + 2,802 + 50,672 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 20,757 + 2,165 + 810 U.S. Treasury—general account 5,376 - 7,964 + 1,471 Foreign—official accounts 594 + 160 + 498 Other (0) 253 + 25 - 82 Total deposits (0) 26,979 - 5,615 + 2,696 Deferred availability cash items (1,053) 8,496 + 484 + 143 Other liabilities and accrued dividends (7) 2,300 - 22 - 1,696 TOTAL LIABILITIES (1,053) 640,214 - 2,349 + 51,817 CAPITAL ACCOUNTS Capital paid in 7,437 + 4 + 421 Surplus 7,269 - 2 + 970 Other capital accounts 454 + 52 - 141 1 Cash value of agreements arranged through third-party custodial banks. 2 Face value of the securities. 3 Includes $ 5,766 million of inflation-indexed securities valued at the original face amount and $ 551 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 4,420 million of inflation-indexed securities valued at the original face amount and $ 383 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 18,342 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,844 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, February 6, 2002 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 18 21,530 - 3,227 0 0 23,500 0 16 days to 90 days 13 120,531 - 2,361 0 0 6,000 0 91 days to 1 year 0 131,590 + 5,558 0 0 ——— ——— Over 1 year to 5 years ——— 158,021 + 289 10 0 ——— ——— Over 5 years to 10 years ——— 51,958 + 331 0 0 ——— ——— Over 10 years ——— 79,890 - 4 0 0 ——— ——— Total 30 563,520 + 587 10 0 29,500 0 1 Includes $ 10,186 million of inflation-indexed securities valued at the original face amount and $ 934 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 2002 ,6 yraurbeF 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 0 54,4 6 45 4 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 5 41 1 8 6 3 4 6 5 31 8 21 0 81 7 6 5 5 0 6 4 6 2 61,1 nioC 5 4 7 5 1 2 0 0 0 0 0 7 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 0 05,92 0 0 05,92 )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 021,91 0 44,3 8 58,5 2 95 0 48,6 5 94,12 0 50,31 8 33,11 1 11,11 5 97,7 2 47,77 3 04,11 5 87,981 slliB —thgirtuo thguoB 811,72 0 88,4 8 03,8 0 48 2 07,9 6 84,03 9 05,81 0 80,61 9 57,51 6 50,11 2 62,011 2 71,61 2 71,962 )3( setoN 435,01 6 98,1 7 22,3 6 23 9 67,3 3 48,11 0 91,7 7 42,6 2 21,6 5 92,4 2 38,24 2 82,6 3 65,401 )4( sdnoB 377,65 6 12,01 3 93,71 8 57,1 1 13,02 3 28,36 9 47,83 5 66,33 1 99,23 6 41,32 7 38,032 8 58,33 0 25,365 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 377,65 6 12,01 3 93,71 8 57,1 1 13,02 3 28,36 9 47,83 5 66,33 1 99,23 6 41,32 7 38,032 8 58,33 0 25,365 seitiruces .tvog .S.U latoT 087,65 0 22,01 0 04,71 3 67,1 2 13,02 7 28,36 0 57,83 6 66,33 2 99,23 6 41,32 1 43,062 5 68,33 1 60,395 seitiruces dna snaol latoT 416,2 7 29 6 07 4 94 1 66 3 86 6 98 0 37 3 75 4 45 4 03,1 4 05 7 36,01 noitcelloc fo ssecorp ni smetI 271 7 31 9 4 3 21 3 4 6 01 0 82 2 31 1 51 9 4 7 71 2 9 0 15,1 sesimerp knaB 635,3 7 37 4 00,1 0 93 2 10,1 7 47,3 2 44,2 7 57,4 2 84,2 1 13,1 7 04,31 8 89,1 2 18,63 )6( stessa rehtO 275,21- 9 18,3 + 5 39 - 7 37,21+ 5 01 + 4 44,2 + 0 34,4 + 5 59,01+ 7 45,3 - 9 44,3 - 2 18,11- 6 71,2 - 0 tnuocca tnemelttes tcirtsidretnI 840,25 0 65,61 9 86,81 7 17,51 1 16,22 1 81,27 4 69,74 7 03,15 0 63,33 3 91,22 1 08,862 7 99,43 7 24,656 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 155 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 667,5 $ sedulcnI 3 .seitiruces hcus fo lapicnirp eht no noitalfni fo stceffe eht rof stsujda taht noitasnepmoc fo noillim 383 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 024,4 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 448,1 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 243,81 $ 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 2002 ,6 yraurbeF 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 705,54 0 79,41 3 38,61 1 18,31 8 60,12 3 77,66 6 43,44 8 15,54 5 40,03 4 37,02 8 98,152 4 39,03 8 34,206 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 960,2 9 86 4 78 3 09 3 98 4 78,2 3 64,1 5 81,1 1 13,1 1 04 1 37,5 4 63,2 7 57,02 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 6 73,5 0 6 73,5 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 3 1 0 75 2 4 95 stnuocca laiciffo—ngieroF 1 0 5 0 1 4 0 1 01 1 0 6 31 3 3 52 rehtO 370,2 0 96 0 88 3 09 5 98 2 88,2 6 64,1 4 92,1 4 13,1 2 04 3 18,11 9 63,2 9 79,62 stisoped latoT 156,2 7 74 2 84 9 55 7 22 8 46 9 59 7 47 0 84 1 94 8 51,1 2 76 0 55,9 smeti tiderc derrefeD deurcca dna seitilibail rehtO 691 4 8 7 9 1 6 4 01 8 42 1 91 7 02 4 31 8 01 0 37 3 41 0 03,2 )2( sdnedivid 724,05 1 22,61 1 92,81 4 33,51 4 92,22 1 55,07 1 69,64 5 67,74 3 79,13 5 37,12 8 95,562 8 11,43 7 62,146 SEITILIBAIL LATOT STNUOCCA LATIPAC 787 6 61 3 91 7 03 0 51 1 97 7 44 2 67,1 1 86 1 22 4 05,1 9 24 7 34,7 ni diap latipaC 697 4 61 1 91 6 7 9 41 3 97 5 35 7 57,1 5 66 1 22 4 05,1 8 14 9 62,7 sulpruS 83 9 4 1 0 8 1 6 4 1 2 4 2 1 4 6 1 5 91 1 3 4 54 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 840,25 0 65,61 9 86,81 7 17,51 1 16,22 1 81,27 4 69,74 7 03,15 0 63,33 3 91,22 1 08,862 7 99,43 7 24,656 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 271,86 2 52,33 3 33,12 8 12,61 0 68,32 2 10,47 9 45,36 4 78,55 0 46,43 4 87,72 6 86,592 5 97,53 5 71,057 gnidnatstuo seton .R.F 566,22 2 82,81 0 05,4 7 04,2 2 97,2 9 32,7 2 02,91 7 53,01 5 95,4 0 50,7 8 87,34 1 68,4 7 37,741 sknaB .R.F yb dleH—sseL 705,54 0 79,41 3 38,61 1 18,31 8 60,12 3 77,66 6 43,44 8 15,54 5 40,03 4 37,02 8 98,152 4 39,03 8 34,206 ten ,seton .R.F seton .R.F tsniaga dleh laretalloC 440,11 tnuocca etacifitrec dloG sthgir gniward laicepS 002,2 tnuocca etacifitrec 0 stessa elbigile rehtO 491,985 )3( seitiruces ycnega dna .tvog .S.U 834,206 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