H.4.1 Factors Affecting Reserve Balances of Depository Institutions
FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks November 23, 2018 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Reserve Bank credit, related items, and Averages of daily figures Wednesday reserve balances of depository institutions at Week ended Change from week ended Nov 21, 2018 Federal Reserve Banks Nov 21, 2018 Nov 14, 2018 Nov 22, 2017 Reserve Bank credit 4,070,057 - 34,892 - 339,937 4,067,341 Securities held outright1 3,920,173 - 22,157 - 319,317 3,917,324 U.S. Treasury securities 2,253,067 - 17,342 - 203,678 2,253,085 Bills2 0 0 0 0 Notes and bonds, nominal2 2,115,384 - 17,378 - 212,314 2,115,384 Notes and bonds, inflation-indexed2 115,579 0 + 6,042 115,579 Inflation compensation3 22,104 + 36 + 2,594 22,122 Federal agency debt securities2 2,409 0 - 2,320 2,409 Mortgage-backed securities4 1,664,697 - 4,815 - 113,319 1,661,830 Unamortized premiums on securities held outright5 142,429 - 425 - 18,455 142,177 Unamortized discounts on securities held outright5 -13,553 - 64 + 712 -13,538 Repurchase agreements6 9 + 9 0 0 Loans 91 - 4 + 24 71 Primary credit 5 - 15 - 12 15 Secondary credit 0 0 0 0 Seasonal credit 86 + 11 + 36 55 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC7 7 0 - 1,703 7 Float -149 + 22 + 173 -178 Central bank liquidity swaps8 58 + 11 + 23 58 Other Federal Reserve assets9 20,991 - 12,285 - 1,395 21,421 Foreign currency denominated assets10 20,681 + 138 - 493 20,665 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding11 49,871 + 14 + 577 49,871 Total factors supplying reserve funds 4,156,850 - 34,740 - 339,854 4,154,119 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1 1. Factors Affecting Reserve Balances of Depository Institutions (continued) Millions of dollars Reserve Bank credit, related items, and Averages of daily figures Wednesday reserve balances of depository institutions at Week ended Change from week ended Nov 21, 2018 Federal Reserve Banks Nov 21, 2018 Nov 14, 2018 Nov 22, 2017 Currency in circulation11 1,702,919 + 1,853 + 108,353 1,706,046 Reverse repurchase agreements12 244,499 + 19,447 - 21,922 250,869 Foreign official and international accounts 229,642 + 5,232 + 1,271 234,664 Others 14,856 + 14,214 - 23,195 16,205 Treasury cash holdings 218 - 11 + 13 208 Deposits with F.R. Banks, other than reserve balances 406,024 - 12,912 + 159,472 394,093 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 330,202 - 10,892 + 166,623 317,331 Foreign official 5,257 - 1 + 91 5,257 Other13 70,565 - 2,019 - 7,241 71,505 Other liabilities and capital14 45,462 + 536 - 3,591 45,401 Total factors, other than reserve balances, absorbing reserve funds 2,399,121 + 8,914 + 242,324 2,396,617 Reserve balances with Federal Reserve Banks 1,757,729 - 43,654 - 582,178 1,757,502 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. 2. Face value of the securities. 3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. 6. Cash value of agreements. 7. Refer to table 4 and the note on consolidation accompanying table 6. 8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 9. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for depreciation. 10. Revalued daily at current foreign currency exchange rates. 11. Estimated. 12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. 14. Includes the liability for earnings remittances due to the U.S. Treasury. Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
H.4.1 1A. Memorandum Items Millions of dollars Averages of daily figures Wednesday Memorandum item Week ended Change from week ended Nov 21, 2018 Nov 21, 2018 Nov 14, 2018 Nov 22, 2017 Securities held in custody for foreign official and international accounts 3,405,119 - 15,020 + 32,849 3,399,944 Marketable U.S. Treasury securities1 3,031,347 - 15,644 - 11,457 3,027,259 Federal agency debt and mortgage-backed securities2 307,737 + 1,100 + 45,743 306,819 Other securities3 66,036 - 475 - 1,436 65,866 Securities lent to dealers 15,674 - 254 - 5,282 16,552 Overnight facility4 15,674 - 254 - 5,282 16,552 U.S. Treasury securities 15,674 - 254 - 5,282 16,552 Federal agency debt securities 0 0 0 0 Note: Components may not sum to totals because of rounding. 1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6. 2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the securities. 3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value. 4. Face value. Fully collateralized by U.S. Treasury securities. 2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, November 21, 2018 Millions of dollars Within 15 16 days to 91 days to Over 1 year Over 5 year Over 10 Remaining Maturity All days 90 days 1 year to 5 years to 10 years years Loans 71 0 0 0 0 ... 71 U.S. Treasury securities1 Holdings 24,916 78,011 306,254 961,676 263,716 618,512 2,253,085 Weekly changes - 9,388 + 18,608 - 3,749 - 32,223 + 8,110 + 1,306 - 17,335 Federal agency debt securities2 Holdings 0 0 62 0 0 2,347 2,409 Weekly changes 0 0 0 0 0 0 0 Mortgage-backed securities3 Holdings 0 0 3 208 61,852 1,599,766 1,661,830 Weekly changes 0 0 + 1 + 6 - 327 - 8,675 - 8,995 Repurchase agreements4 0 0 ... ... ... ... 0 Central bank liquidity swaps5 58 0 0 0 0 0 58 Reverse repurchase agreements4 250,869 0 ... ... ... ... 250,869 Term deposits 0 0 0 ... ... ... 0 Note: Components may not sum to totals because of rounding. ...Not applicable. 1. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the original face value of such securities. 2. Face value. 3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 4. Cash value of agreements. 5. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.
H.4.1 3. Supplemental Information on Mortgage-Backed Securities Millions of dollars Wednesday Account name Nov 21, 2018 Mortgage-backed securities held outright1 1,661,830 Commitments to buy mortgage-backed securities2 175 Commitments to sell mortgage-backed securities2 0 Cash and cash equivalents3 0 1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. 3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6. 4. Information on Principal Accounts of Maiden Lane LLC Millions of dollars Wednesday Account name Nov 21, 2018 Net portfolio holdings of Maiden Lane LLC1 7 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0 Accrued interest payable to the Federal Reserve Bank of New York2 0 Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 0 1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. 2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York’s statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 6. 3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 5 and table 6. Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were repaid in full, with interest.
H.4.1 5. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Change since Eliminations from Wednesday Assets, liabilities, and capital Wednesday Wednesday consolidation Nov 21, 2018 Nov 14, 2018 Nov 22, 2017 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,698 - 23 - 137 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,046,033 - 27,105 - 340,413 Securities held outright1 3,917,324 - 26,330 - 322,572 U.S. Treasury securities 2,253,085 - 17,335 - 203,737 Bills2 0 0 0 Notes and bonds, nominal2 2,115,384 - 17,378 - 212,314 Notes and bonds, inflation-indexed2 115,579 0 + 6,042 Inflation compensation3 22,122 + 42 + 2,534 Federal agency debt securities2 2,409 0 - 1,982 Mortgage-backed securities4 1,661,830 - 8,995 - 116,853 Unamortized premiums on securities held outright5 142,177 - 611 - 18,567 Unamortized discounts on securities held outright5 -13,538 - 58 + 713 Repurchase agreements6 0 0 0 Loans 71 - 105 + 15 Net portfolio holdings of Maiden Lane LLC7 7 0 - 1,703 Items in process of collection (0) 73 - 83 + 5 Bank premises 2,192 + 3 - 17 Central bank liquidity swaps8 58 + 11 + 23 Foreign currency denominated assets9 20,665 + 135 - 566 Other assets10 19,235 - 12,632 - 1,610 Total assets (0) 4,106,198 - 39,694 - 344,417 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1 5. Consolidated Statement of Condition of All Federal Reserve Banks (continued) Millions of dollars Change since Eliminations from Wednesday Assets, liabilities, and capital Wednesday Wednesday consolidation Nov 21, 2018 Nov 14, 2018 Nov 22, 2017 Liabilities Federal Reserve notes, net of F.R. Bank holdings 1,658,077 + 3,206 + 106,432 Reverse repurchase agreements11 250,869 + 30,758 - 32,381 Deposits (0) 2,151,600 - 74,376 - 415,171 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 1,757,507 - 42,022 - 572,327 U.S. Treasury, General Account 317,331 - 11,355 + 165,548 Foreign official 5,257 + 1 + 92 Other12 (0) 71,505 - 21,000 - 8,484 Deferred availability cash items (0) 251 - 153 - 291 Other liabilities and accrued dividends13 6,273 + 867 - 891 Total liabilities (0) 4,067,070 - 39,698 - 342,302 Capital accounts Capital paid in 32,303 + 4 + 1,060 Surplus 6,825 0 - 3,175 Other capital accounts 0 0 0 Total capital 39,128 + 4 - 2,115 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. 2. Face value of the securities. 3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. 6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 7. Refer to table 4 and the note on consolidation accompanying table 6. 8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 9. Revalued daily at current foreign currency exchange rates. 10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. 11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. 13. Includes the liability for earnings remittances due to the U.S. Treasury.
H.4.1 6. Statement of Condition of Each Federal Reserve Bank, November 21, 2018 Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco Assets Gold certificate account 11,037 364 3,626 350 544 773 1,491 739 334 199 307 905 1,405 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574 Coin 1,698 40 34 149 118 235 176 284 27 42 109 192 292 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,046,033 77,274 2,233,685 102,152 114,705 239,425 242,868 216,707 53,874 33,786 63,705 167,300 500,553 Securities held outright1 3,917,324 74,817 2,162,667 98,904 111,057 231,812 235,144 209,803 52,153 32,690 61,668 161,981 484,628 U.S. Treasury securities 2,253,085 43,032 1,243,878 56,886 63,876 133,329 135,245 120,670 29,996 18,802 35,469 93,165 278,738 Bills2 0 0 0 0 0 0 0 0 0 0 0 0 0 Notes and bonds3 2,253,085 43,032 1,243,878 56,886 63,876 133,329 135,245 120,670 29,996 18,802 35,469 93,165 278,738 Federal agency debt securities2 2,409 46 1,330 61 68 143 145 129 32 20 38 100 298 Mortgage-backed securities4 1,661,830 31,739 917,459 41,958 47,113 98,341 99,754 89,004 22,124 13,868 26,161 68,716 205,592 Unamortized premiums on securities held outright5 142,177 2,715 78,493 3,590 4,031 8,413 8,534 7,615 1,893 1,186 2,238 5,879 17,589 Unamortized discounts on securities held outright5 -13,538 -259 -7,474 -342 -384 -801 -813 -725 -180 -113 -213 -560 -1,675 Repurchase agreements6 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 71 0 0 0 0 1 2 14 9 22 11 0 10 Net portfolio holdings of Maiden Lane LLC7 7 0 7 0 0 0 0 0 0 0 0 0 0 Items in process of collection 73 0 0 0 0 0 73 0 0 0 0 0 0 Bank premises 2,192 109 448 81 117 195 206 195 106 95 233 220 188 Central bank liquidity swaps8 58 2 18 3 5 12 3 2 1 0 1 1 8 Foreign currency denominated assets9 20,665 879 6,516 1,174 1,668 4,464 1,194 876 298 95 205 256 3,041 Other assets10 19,235 397 10,123 478 549 1,328 1,153 1,001 456 197 348 868 2,337 Interdistrict settlement account 0 + 787- 67,170 - 5,142+ 10,498+ 2,560+ 35,046+ 7,120+ 5,470+ 3,045- 2,842+ 15,972 - 5,345 Total assets 4,106,198 80,048 2,189,104 99,455 128,440 249,406 282,864 227,349 60,717 37,549 62,217 185,995 503,054 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1 6. Statement of Condition of Each Federal Reserve Bank, November 21, 2018 (continued) Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Dallas City Francisco Liabilities Federal Reserve notes outstanding 1,855,712 58,165 615,196 54,688 88,835 125,450 262,918 120,581 55,606 31,311 49,709 150,510 242,742 Less: Notes held by F.R. Banks 197,635 5,835 59,814 7,315 8,951 13,928 29,541 12,488 5,494 2,721 5,640 17,104 28,804 Federal Reserve notes, net 1,658,077 52,329 555,382 47,373 79,884 111,521 233,377 108,094 50,112 28,590 44,069 133,406 213,939 Reverse repurchase agreements11 250,869 4,791 138,499 6,334 7,112 14,845 15,059 13,436 3,340 2,094 3,949 10,373 31,036 Deposits 2,151,600 21,074 1,480,216 43,236 38,035 113,998 31,644 103,783 6,507 6,340 13,637 41,443 251,687 Term deposits held by depository institutions 0 0 0 0 0 0 0 0 0 0 0 0 0 Other deposits held by depository institutions 1,757,507 21,059 1,136,865 43,233 38,011 113,463 31,610 53,872 6,498 6,289 13,623 41,306 251,680 U.S. Treasury, General Account 317,331 0 317,331 0 0 0 0 0 0 0 0 0 0 Foreign official 5,257 2 5,230 2 3 9 2 2 1 0 0 0 6 Other12 71,505 13 20,791 1 21 526 32 49,910 8 51 14 137 1 Deferred availability cash items 251 0 0 0 0 0 65 0 0 186 0 0 0 Earnings remittances due to the U.S. Treasury13 1,336 30 677 37 49 89 112 68 23 13 24 65 149 Other liabilities and accrued dividends 4,936 190 1,886 220 227 586 333 329 143 150 156 224 492 Total liabilities 4,067,070 78,414 2,176,662 97,199 125,308 241,040 280,590 225,710 60,125 37,372 61,836 185,512 497,303 Capital Capital paid in 32,303 1,343 10,291 1,868 2,581 6,891 1,880 1,350 493 146 313 398 4,747 Surplus 6,825 290 2,151 388 551 1,474 394 289 98 31 68 84 1,005 Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0 Total liabilities and capital 4,106,198 80,048 2,189,104 99,455 128,440 249,406 282,864 227,349 60,717 37,549 62,217 185,995 503,054 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
H.4.1 6. Statement of Condition of Each Federal Reserve Bank, November 21, 2018 (continued) 1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. 2. Face value of the securities. 3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. 6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 7. Refer to table 4 and the note on consolidation below. 8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 9. Revalued daily at current foreign currency exchange rates. 10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. 11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. 13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $6.825 billion surplus. Note on consolidation: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).
H.4.1 7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts Millions of dollars Wednesday Federal Reserve notes and collateral Nov 21, 2018 Federal Reserve notes outstanding 1,855,712 Less: Notes held by F.R. Banks not subject to collateralization 197,635 Federal Reserve notes to be collateralized 1,658,077 Collateral held against Federal Reserve notes 1,658,077 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 1,641,840 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 3,917,324 Less: Face value of securities under reverse repurchase agreements 251,398 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,665,926 Note: Components may not sum to totals because of rounding. 1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements. 2. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.
Cite this document
Federal Reserve (2018, November 22). H.4.1 Factors Affecting Reserve Balances of Depository Institutions. Statement Of Condition, Federal Reserve. https://whenthefedspeaks.com/doc/h41_20181123
@misc{wtfs_h41_20181123,
author = {Federal Reserve},
title = {H.4.1 Factors Affecting Reserve Balances of Depository Institutions},
year = {2018},
month = {Nov},
howpublished = {Statement Of Condition, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/h41_20181123},
note = {Retrieved via When the Fed Speaks corpus}
}