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. June 13, 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 Jun 12, 2002 Jun 5, 2002 Jun 13, 2001 Jun 12, 2002 Reserve Bank Credit 650,293 - 1,017 + 65,114 661,254 U.S. government securities (1) Bought outright-system account (2,3) 589,060 + 1,657 + 57,955 589,396 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) 23,936 - 2,993 + 6,293 34,500 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 5 + 5 - 263 2 Seasonal credit 106 - 14 0 105 Extended credit 0 0 0 0 Float -221 - 179 - 676 -303 Other F.R. assets 37,398 + 508 + 1,806 37,544 Gold stock 11,044 0 - 1 11,044 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding 33,745 + 14 + 1,152 33,745 Total factors supplying reserve funds 697,281 - 1,003 + 66,264 708,243 Currency in circulation* 654,240 - 60 + 59,962 655,857 Reverse repurchase agreements — triparty (4) 0 0 0 0 Treasury cash holdings* 411 - 4 - 70 408 Deposits, other than reserve balances, with F.R. Banks Treasury 5,289 - 49 + 411 4,727 Foreign 85 - 15 0 109 Service-related balances and adjustments (5) 10,004 + 205 + 2,996 10,004 Other 238 + 12 - 73 243 Other F.R. liabilities and capital 19,749 + 170 + 1,619 19,529 Total factors, other than reserve balances, absorbing reserve funds 690,016 + 258 + 64,845 690,878 Reserve balances with F.R. Banks (6) 7,265 - 1,261 + 1,419 17,365 On June 12, 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 $ 770,502 million, a change of $ - 2,646 million for the week. The total includes $ 620,646 million of U.S. government securities and $ 149,856 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 $ 21,856 million (daily average over statement week) and $ 21,780 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 21,856 million (daily average) and $ 21,780 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 262 million (daily average) and $ 125 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 11,602 million of inflation-indexed securities valued at the original face amount and $ 1,171 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 $ 9,810 million and adjustments of $ 194 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 Jun 12, 2002 Jun 5, 2002 Jun 13, 2001 ASSETS Gold certificate account 11,044 0 0 Special drawing rights certificate account 2,200 0 0 Coin 932 + 3 - 173 Loans 107 - 2 - 32 Acceptances 0 0 0 Repurchase agreements — triparty (1) 34,500 + 11,750 + 14,000 Federal agency obligations (2) Bought outright 10 0 0 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright—Bills 195,389 + 1,017 + 14,161 Notes (3) 288,585 + 9 + 37,160 Bonds (4) 105,422 + 7 + 6,201 Total bought outright (5) 589,396 + 1,033 + 57,522 Held under repurchase agreements 0 0 0 Total U.S. government securities 589,396 + 1,033 + 57,522 Total loans and securities 624,014 + 12,783 + 71,491 Items in process of collection (1,070) 7,740 - 1,217 - 1,047 Bank premises 1,516 + 2 + 9 Other assets (6) 36,030 + 481 + 1,889 TOTAL ASSETS (1,070) 683,476 + 12,052 + 72,169 LIABILITIES Federal Reserve notes 623,453 + 626 + 59,091 Reverse repurchase agreements — triparty (1) 0 0 0 Deposits Depository institutions 27,930 + 13,376 + 11,336 U.S. Treasury—general account 4,727 - 1,049 - 2 Foreign—official accounts 109 + 13 + 27 Other (0) 243 - 8 - 45 Total deposits (0) 33,009 + 12,332 + 11,316 Deferred availability cash items (1,070) 7,485 - 985 0 Other liabilities and accrued dividends (7) 2,563 + 55 - 826 TOTAL LIABILITIES (1,070) 666,510 + 12,028 + 69,581 CAPITAL ACCOUNTS Capital paid in 8,294 + 12 + 1,230 Surplus 7,312 0 + 695 Other capital accounts 1,360 + 11 + 664 1 Cash value of agreements arranged through third-party custodial banks. 2 Face value of the securities. 3 Includes $ 6,591 million of inflation-indexed securities valued at the original face amount and $ 689 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 5,011 million of inflation-indexed securities valued at the original face amount and $ 481 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 21,780 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 125 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, June 12, 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 26 17,505 - 92 0 0 30,500 0 16 days to 90 days 81 137,822 + 79 0 0 4,000 0 91 days to 1 year 0 132,570 + 1,031 0 0 ——— ——— Over 1 year to 5 years ——— 167,483 + 2 10 0 ——— ——— Over 5 years to 10 years ——— 52,473 + 6 0 0 ——— ——— Over 10 years ——— 81,543 + 7 0 0 ——— ——— Total 107 589,396 + 1,033 10 0 34,500 0 1 Includes $ 11,602 million of inflation-indexed securities valued at the original face amount and $ 1,171 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 ,21 enuJ 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 121 3 21 8 6 6 3 7 5 1 21 0 01 4 21 6 4 5 4 7 4 5 4 2 39 nioC 3 2 3 1 6 3 7 1 3 3 2 0 0 0 0 0 7 01 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 05,43 0 0 05,43 )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 467,61 6 33,4 6 77,5 4 50,3 8 49,6 3 99,22 2 19,31 9 32,51 1 87,01 3 15,7 8 78,67 5 91,11 9 83,591 slliB —thgirtuo thguoB 957,42 5 04,6 1 35,8 1 15,4 1 62,01 1 69,33 8 45,02 8 05,22 3 29,51 7 90,11 7 45,311 4 35,61 5 85,882 )3( setoN 540,9 0 43,2 6 11,3 8 46,1 9 47,3 6 04,21 6 05,7 2 22,8 7 18,5 4 50,4 9 74,14 0 40,6 2 24,501 )4( sdnoB 865,05 1 80,31 3 24,71 4 12,9 8 59,02 0 63,96 7 69,14 9 69,54 0 25,23 4 66,22 5 09,132 9 67,33 6 93,985 )5( thgirtuo thguob latoT 0 0 0 0 0 0 0 0 0 0 0 0 0 stnemeerga esahcruper rednu dleH 865,05 1 80,31 3 24,71 4 12,9 8 59,02 0 63,96 7 69,14 9 69,54 0 25,23 4 66,22 5 09,132 9 67,33 6 93,985 seitiruces .tvog .S.U latoT 275,05 3 80,31 6 34,71 0 52,9 5 79,02 5 93,96 0 79,14 9 69,54 0 25,23 4 66,22 8 04,662 0 77,33 4 10,426 seitiruces dna snaol latoT 996,2 8 84 2 26 0 36 7 54 5 05 4 67 1 16 7 93 4 83 3 17 1 45 0 18,8 noitcelloc fo ssecorp ni smetI 171 8 31 9 4 4 21 3 4 9 01 0 82 0 31 2 51 9 4 1 81 2 9 6 15,1 sesimerp knaB 302,3 2 97 8 49 4 16 7 49 9 47,3 0 24,2 4 12,5 5 04,2 0 52,1 4 16,21 5 78,1 0 30,63 )6( stessa rehtO 561,3 - 3 34,8 + 9 33 - 4 58,4 + 4 35,1 - 2 56,3 - 7 45,1 + 3 42,2 + 3 20,3 - 1 48,2 - 8 62 - 7 52,2 - 0 tnuocca tnemelttes tcirtsidretnI 088,45 0 46,32 0 61,91 7 17,51 1 63,12 9 15,17 3 71,84 7 52,55 3 21,33 4 60,22 8 39,482 4 17,43 6 45,486 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 986 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 195,6 $ sedulcnI 3 .seitiruces hcus fo lapicnirp eht no noitalfni fo stceffe eht rof stsujda taht noitasnepmoc fo noillim 184 $ dna tnuoma ecaf lanigiro eht ta deulav seitiruces dexedni-noitalfni fo noillim 110,5 $ sedulcnI 4 .seitiruces hcus fo lapicnirp ylluf era taht noillim 521 $ fo snaol seitiruces sedulcnI .keew tnemetats tsetal eht fo dne eht ta gnidnatstuo snoitcasnart esahcrup-elas dehctam noillim 087,12 $ 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 ,21 enuJ 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 280,84 8 47,12 5 02,71 7 48,31 5 28,91 0 12,56 3 03,44 3 43,74 0 26,82 6 84,02 1 99,562 4 97,03 3 54,326 seton evreseR laredeF 0 0 0 0 0 0 0 0 0 0 0 0 0 )1( ytrapirt—stnemeerga esahcruper esreveR stisopeD 853,2 8 80,1 8 90,1 6 08 8 27 6 96,3 5 56,1 1 36,2 7 15,2 5 15 3 84,8 4 53,2 0 39,72 snoitutitsni yrotisopeD 0 0 0 0 0 0 0 0 0 0 7 27,4 0 7 27,4 tnuocca lareneg—yrusaerT .S.U 3 1 1 1 1 3 2 7 3 1 5 8 2 9 01 stnuocca laiciffo—ngieroF 0 0 1 0 3 3 0 3 8 1 0 6 31 5 1 3 42 rehtO 263,2 9 80,1 0 01,1 7 08 1 37 2 07,3 7 56,1 2 27,2 1 25,2 6 15 1 34,31 0 73,2 9 00,33 stisoped latoT 335,2 8 53 0 53 3 25 1 62 7 46 6 69 7 46 0 34 4 74 0 68 6 05 5 55,8 smeti tiderc derrefeD deurcca dna seitilibail rehtO 312 6 9 0 01 5 8 1 11 4 72 0 12 8 62 1 51 4 11 7 87 4 51 3 65,2 )2( sdnedivid 981,35 2 92,32 5 57,81 3 62,51 9 29,02 2 38,96 6 31,74 9 79,05 3 27,13 0 95,12 9 60,182 4 28,33 0 85,766 SEITILIBAIL LATOT STNUOCCA LATIPAC 828 9 61 4 91 4 03 8 02 7 18 0 74 9 11,2 6 86 4 32 4 38,1 2 34 4 92,8 ni diap latipaC 697 4 61 1 91 8 11 9 41 3 97 5 35 7 57,1 5 66 1 22 4 05,1 8 14 2 13,7 sulpruS 86 5 1 0 2 2 3 5 7 7 7 3 3 1 04 9 4 9 1 1 35 0 4 0 63,1 stnuocca latipac rehtO LATIPAC DNA SEITILIBAIL LATOT 088,45 0 46,32 0 61,91 7 17,51 1 63,12 9 15,17 3 71,84 7 52,55 3 21,33 4 60,22 8 39,482 4 17,43 6 45,486 STNUOCCA STNUOCCA ’STNEGA EVRESER LAREDEF 808,56 5 97,33 8 20,12 1 28,51 6 06,32 7 95,17 0 29,06 5 91,75 8 63,33 3 20,72 0 56,603 2 83,53 3 91,257 gnidnatstuo seton .R.F 627,71 7 40,21 3 28,3 4 79,1 0 87,3 7 83,6 7 16,61 3 58,9 8 47,4 7 35,6 9 56,04 9 85,4 0 47,821 sknaB .R.F yb dleH—sseL 280,84 8 47,12 5 02,71 7 48,31 5 28,91 0 12,56 3 03,44 3 43,74 0 26,82 6 84,02 1 99,562 4 97,03 3 54,326 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 902,016 )3( seitiruces ycnega dna .tvog .S.U 354,326 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