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. April 11, 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 Apr 10, 2002 Apr 3, 2002 Apr 11, 2001 Apr 10, 2002 Reserve Bank Credit 638,804 - 3,329 + 60,419 638,728 U.S. government securities (1) Bought outright-system account (2,3) 576,793 + 1,033 + 54,565 577,486 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 10 0 0 10 Held under repurchase agreements 0 0 0 0 Repurchase agreements — triparty (4) 24,393 - 4,393 + 5,146 23,000 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 1 - 299 - 4 3 Seasonal credit 42 + 16 + 7 46 Extended credit 0 0 0 0 Float -158 + 126 - 1,219 203 Other F.R. assets 37,724 + 188 + 1,924 37,981 Gold stock 11,044 0 - 2 11,044 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding 33,213 + 14 + 901 33,213 Total factors supplying reserve funds 685,260 - 3,316 + 61,317 685,185 Currency in circulation* 643,604 + 1,105 + 55,547 644,481 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 400 - 10 - 86 403 Deposits, other than reserve balances, with F.R. Banks Treasury 5,008 - 387 - 2 4,783 Foreign 102 - 85 + 27 269 Service-related balances and adjustments (5) 10,072 + 203 + 3,178 10,072 Other 278 + 29 - 94 267 Other F.R. liabilities and capital 18,732 + 420 + 1,142 18,595 Total factors, other than reserve balances, absorbing reserve funds 678,195 + 1,274 + 59,711 678,870 Reserve balances with F.R. Banks (6) 7,066 - 4,589 + 1,608 6,315 On April 10, 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 $ 750,146 million, a change of $ + 1,352 million for the week. The total includes $ 608,116 million of U.S. government securities and $ 142,031 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 $ 19,919 million (daily average over statement week) and $ 19,361 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 19,919 million (daily average) and $ 19,361 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 698 million (daily average) and $ 1,684 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 10,658 million of inflation-indexed securities valued at the original face amount and $ 967 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 $ 9,819 million and adjustments of $ 253 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 Apr 10, 2002 Apr 3, 2002 Apr 11, 2001 ASSETS Gold certificate account 11,044 0 - 2 Special drawing rights certificate account 2,200 0 0 Coin 1,036 - 27 - 112 Loans 49 - 2,070 + 10 Acceptances 0 0 0 Repurchase agreements — triparty (1) 23,000 - 4,500 + 4,250 Federal agency obligations (2) Bought outright 10 0 0 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 193,077 + 256 + 10,677 Notes (3) 279,581 + 6 + 34,984 Bonds (4) 104,827 + 4 + 7,926 Total bought outright (5) 577,486 + 268 + 53,587 Held under repurchase agreements 0 0 0 Total U.S. government securities 577,486 + 268 + 53,587 Total loans and securities 600,544 - 6,304 + 57,846 Items in process of collection (1,200) 7,988 - 201 - 3,282 Bank premises 1,513 + 2 + 23 Other assets (6) 36,237 + 541 + 1,604 TOTAL ASSETS (1,200) 660,562 - 5,989 + 56,078 LIABILITIES Federal Reserve notes 612,707 - 80 + 53,823 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 16,069 - 4,694 + 2,111 U.S. Treasury—general account 4,783 - 1,188 - 345 Foreign—official accounts 269 + 146 + 196 Other (0) 267 - 30 - 79 Total deposits (0) 21,388 - 5,766 + 1,883 Deferred availability cash items (1,200) 7,872 - 290 - 511 Other liabilities and accrued dividends (7) 2,463 + 27 - 1,211 TOTAL LIABILITIES (1,200) 644,430 - 6,110 + 53,984 CAPITAL ACCOUNTS Capital paid in 8,007 + 4 + 964 Surplus 7,274 + 2 + 971 Other capital accounts 850 + 114 + 158 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 $ 552 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 4,892 million of inflation-indexed securities valued at the original face amount and $ 415 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 19,361 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,684 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, April 10, 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 10 14,857 + 1,747 0 0 18,000 0 16 days to 90 days 39 135,462 - 378 0 0 5,000 0 91 days to 1 year 0 134,347 - 1,111 0 0 ——— ——— Over 1 year to 5 years ——— 159,240 + 2 10 0 ——— ——— Over 5 years to 10 years ——— 52,314 + 4 0 0 ——— ——— Over 10 years ——— 81,267 + 5 0 0 ——— ——— Total 49 577,486 + 268 10 0 23,000 0 1 Includes $ 10,658 million of inflation-indexed securities valued at the original face amount and $ 967 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 ,01 lirpA 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 640,1 5 84 9 03 9 71 6 43 0 80,1 6 29 9 18 2 25 0 34 9 63,4 3 35 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 041 9 21 4 7 9 3 6 5 0 31 1 8 8 41 5 5 7 5 3 6 4 6 6 30,1 nioC 3 0 5 0 1 7 1 2 0 0 0 0 0 4 9 4 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 00,32 0 0 00,32 )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 565,61 5 82,4 7 07,5 8 10,3 5 68,6 1 27,22 8 47,31 9 50,51 3 56,01 4 24,7 8 69,57 2 60,11 7 70,391 slliB —thgirtuo thguoB 789,32 5 02,6 4 62,8 1 73,4 1 49,9 1 09,23 7 09,91 5 08,12 6 24,51 1 57,01 4 00,011 8 10,61 1 85,972 )3( setoN 499,8 6 23,2 9 90,3 9 36,1 7 27,3 6 33,21 4 64,7 6 71,8 4 87,5 1 30,4 6 42,14 6 00,6 7 28,401 )4( sdnoB 645,94 6 18,21 0 70,71 8 20,9 4 35,02 9 59,76 9 11,14 0 40,54 3 68,13 6 02,22 8 12,722 7 80,33 6 84,775 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 645,94 6 18,21 0 70,71 8 20,9 4 35,02 9 59,76 9 11,14 0 40,54 3 68,13 6 02,22 8 12,722 7 80,33 6 84,775 seitiruces .tvog .S.U latoT 055,94 7 18,21 5 70,71 8 30,9 2 45,02 0 89,76 0 21,14 1 40,54 3 68,13 6 02,22 2 22,052 1 90,33 4 45,006 seitiruces dna snaol latoT 164,2 6 24 0 45 1 64 5 83 7 56 2 74 5 74 7 28 8 24 5 99 1 60,1 8 81,9 noitcelloc fo ssecorp ni smetI 171 7 31 9 4 3 21 3 4 7 01 0 82 1 31 2 51 9 4 1 81 2 9 3 15,1 sesimerp knaB 412,3 9 97 9 59 7 16 5 79 7 47,3 9 34,2 5 01,5 3 93,2 0 42,1 0 58,21 9 98,1 7 32,63 )6( stessa rehtO 933,3 - 4 91,8 + 7 83 - 2 19,4 + 4 35 - 1 32,2 - 1 74,1 + 1 77,1 + 9 06,3 - 1 03,2 - 7 71 - 9 67,3 - 0 tnuocca tnemelttes tcirtsidretnI 774,35 5 80,32 5 86,81 8 93,51 3 88,12 2 86,17 5 59,64 6 36,35 7 03,23 2 91,22 6 73,962 5 80,33 2 67,166 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 255 $ 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 514 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 298,4 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 486,1 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 163,91 $ 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 ,01 lirpA 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 523,74 6 66,12 3 81,71 9 19,31 5 07,02 1 80,76 8 87,34 0 46,64 8 36,92 1 46,02 1 44,352 0 86,03 7 07,216 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 626,1 1 36 6 65 9 35 4 05 2 79,1 0 30,1 4 39,1 0 86 4 24 5 34,5 9 27 9 60,61 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 3 87,4 0 3 87,4 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 3 1 5 42 2 9 62 stnuocca laiciffo—ngieroF 1 0 6 0 5 1 0 2 11 1 0 2 31 9 7 62 rehtO 036,1 2 36 2 75 9 35 9 05 6 79,1 2 30,1 4 50,2 3 86 5 24 5 95,01 0 47 8 83,12 stisoped latoT 036,2 0 53 6 24 4 74 4 42 0 07 3 19 9 27 2 44 9 45 0 99 6 26 2 70,9 smeti tiderc derrefeD deurcca dna seitilibail rehtO 122 3 9 8 9 9 7 6 01 1 62 1 02 8 42 0 41 0 11 7 57 8 41 3 64,2 )2( sdnedivid 708,15 0 47,22 9 72,81 2 10,51 4 65,12 8 10,07 4 39,54 1 76,94 3 09,03 6 27,12 3 87,562 4 91,23 0 36,546 SEITILIBAIL LATOT STNUOCCA LATIPAC 808 7 61 4 91 6 03 1 51 0 08 9 44 4 11,2 3 86 3 22 2 86,1 0 34 7 00,8 ni diap latipaC 697 4 61 1 91 1 8 9 41 3 97 5 35 7 57,1 5 66 1 22 4 05,1 8 14 4 72,7 sulpruS 76 3 1 1 2 0 9 1 1 7 7 3 4 9 6 5 3 2 7 04 3 4 0 58 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 774,35 5 80,32 5 86,81 8 93,51 3 88,12 2 86,17 5 59,64 6 36,35 7 03,23 2 91,22 6 73,962 5 80,33 2 67,166 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 150,76 5 79,33 3 43,12 8 40,61 6 89,32 9 58,37 2 61,26 3 90,65 3 61,43 2 77,72 9 09,592 0 82,53 1 46,747 gnidnatstuo seton .R.F 627,91 0 13,21 9 51,4 9 21,2 1 82,3 8 77,6 4 73,81 3 54,9 6 25,4 1 31,7 8 64,24 0 06,4 4 39,431 sknaB .R.F yb dleH—sseL 523,74 6 66,12 3 81,71 9 19,31 5 07,02 1 80,76 8 87,34 0 46,64 8 36,92 1 46,02 1 44,352 0 86,03 7 07,216 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 364,995 )3( seitiruces ycnega dna .tvog .S.U 707,216 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