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.
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of F.R. Banks
March 13, 1997
Millions of dollars
| Averages of daily figures | ||||
|---|---|---|---|---|
| Change from week ended | ||||
| Reserve balances of depository institutions at F.R. Banks, Reserve Bank credit, and related items |
Week ended Mar 12, 1997 |
Mar 5, 1997 | Mar 13, 1996 | Wednesday Mar 12, 1997 |
| Reserve Bank Credit (1,2) | 437,364 | + 2,153 | + 22,677 | 443,671 |
| U.S. government securities | ||||
| Bought outright-system account (3) | 395,326 | + 3,211 | + 18,213 | 396,075 |
| Held under repurchase agreements | 8,345 | - 845 | + 5,754 | 12,809 |
| Federal agency obligations | ||||
| Bought outright | 2,011 | 0 | - 556 | 2,011 |
| Held under repurchase agreements | 1,294 | - 66 | + 980 | 2,179 |
| Acceptances | 0 | 0 | 0 | 0 |
| Loans to depository institutions | ||||
| Adjustment credit | 2 | - 12 | - 3 | 3 |
| Seasonal credit | 26 | - 2 | + 19 | 32 |
| Extended credit | 0 | 0 | 0 | 0 |
| Float | 492 | - 462 | - 778 | 109 |
| Other F.R. assets | 29,868 | + 328 | - 952 | 30,452 |
| Gold stock | 11,051 | 0 | - 2 | 11,051 |
| Special drawing rights certificate account | 9,200 | - 171 | - 968 | 9,200 |
| Treasury currency outstanding | 25,121 | + 14 | + 906 | 25,121 |
| Total factors supplying reserve funds | 482,736 | + 1,995 | + 22,613 | 489,043 |
| Currency in circulation* | 443,507 | + 1,145 | + 27,720 | 444,496 |
| Treasury cash holdings* | 283 | + 4 | + 1 | 302 |
| Deposits,other than reserve balances,with F.R.Banks | ||||
| Treasury | 5,169 | + 20 | - 339 | 5,285 |
| Foreign | 176 | - 33 | - 5 | 222 |
| Service-related balances and adjustments (4) | 7,105 | - 30 | + 677 | 7,105 |
| Other | 408 | + 38 | + 16 | 409 |
| Other F.R. liabilities and capital | 14,397 | + 244 | + 1,087 | 14,515 |
| Total factors, other than reserve balances, absorbing reserve funds |
471,043 | + 1,388 | + 29,157 | 472,333 |
| Reserve balances with F.R. Banks (5) | 11,693 | + 607 | - 6,545 | 16,710 |
On March 12, 1997, the face amount of marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign
official and international accounts was $ 644,657 million, a change of + $ 1,343 million for the week. The total includes the face
value of U.S. Treasury strips and other zero coupon bonds.
1 Net of $ 13,381 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which
a net of $ 13,381 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S.
government securities.
2 Net of $ 13,430 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of
$ 13,430 million was with foreign official and international accounts. Includes $ 70 million securities loaned--fully
secured U.S. government securities.
3 Includes $ 350 million of inflation-indexed securities valued at the original face amount and $ 1 million of compensation that adjusts for the effects of
inflation on the principal of such securities.
4 Consists of required clearing balances of $ 6,817 million and adjustments of $ 287 million to compensate for float.
5 Excludes required clearing balances and adjustments to compensate for float.
* Estimated (Treasury's figures).
Components may not add to totals due to rounding.
Worksheet for H.4.1 (a)
CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS
Millions of Dollars
| Change Since | ||||
|---|---|---|---|---|
| ASSETS | * | Wednesday Mar 12, 1997 |
Wednesday Mar 5, 1997 |
Wednesday Mar 13, 1996 |
| Gold certificate account | 11,051 | 0 | - 2 | |
| Special drawing rights certificate account | 9,200 | 0 | - 968 | |
| Coin | 701 | - 15 | + 151 | |
| Loans | 35 | + 7 | + 21 | |
| Acceptances | 0 | 0 | 0 | |
| Federal agency obligations | ||||
| Bought outright | 2,011 | 0 | - 528 | |
| Held under repurchase agreements (1) | 2,179 | + 1,544 | + 1,079 | |
| U.S. government securities | ||||
| Bought outright--Bills | 191,573 | + 128 | + 7,967 | |
| Notes (2) | 153,103 | + 1,438 | + 4,218 | |
| Bonds | 51,399 | + 1,117 | + 6,431 | |
| Total bought outright (3) | 396,075 | + 2,683 | + 18,616 | |
| Held under repurchase agreements (1) | 12,809 | + 5,785 | + 2,316 | |
| Total U.S. government securities | 408,884 | + 8,468 | + 20,932 | |
| Total loans and securities | 413,110 | + 10,019 | + 21,504 | |
| Items in process of collection | (361) | 6,575 | - 1,706 | + 643 |
| Bank premises | 1,248 | + 3 | + 98 | |
| Other assets (4) | 29,266 | + 995 | - 963 | |
| TOTAL ASSETS | (361) | 471,150 | + 9,297 | + 20,462 |
| LIABILITIES | ||||
| Federal Reserve notes | 420,378 | + 838 | + 26,696 | |
| Deposits | ||||
| Depository institutions | 24,309 | + 8,546 | - 8,573 | |
| U.S. Treasury--general account | 5,285 | + 46 | + 80 | |
| Foreign--official accounts | 222 | + 58 | + 56 | |
| Other | 409 | - 9 | + 33 | |
| Total deposits | 30,225 | + 8,641 | - 8,405 | |
| Deferred availability cash items | (361) | 6,032 | - 853 | + 623 |
| Other liabilities and accrued dividends (5) | 4,792 | + 319 | + 312 | |
| TOTAL LIABILITIES | (361) | 461,427 | + 8,946 | + 19,227 |
| CAPITAL ACCOUNTS | ||||
| Capital paid in | 4,755 | + 23 | + 724 | |
| Surplus | 4,476 | + 36 | + 510 | |
| Other capital accounts | 492 | + 292 | + 1 | |
*Figures in parentheses are the eliminations made in the consolidation process.
1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official
and international accounts of which $ 0 million was outstanding at the end of the latest statement week.
2 Includes $ 350 million of inflation-indexed securities valued at the original face amount and $ 1 million of compensation that adjusts for the effects of inflation
on the principal of such securities.
3 Net of $ 13,430 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes
$ 70 million securities loaned--fully secured by U.S. government securities.
4 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account
at Chicago of $ 163 million in Treasury bills maturing within 90 days.
5 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.
Components may not add to totals due to rounding.
MATURITY DISTRIBUTION OF LOANS AND SECURITIES, MARCH 12, 1997
Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum
maturity of the agreements.
Millions of dollars
| Loans | Acceptances | U.S. government securities (1) |
Federal agency obligations |
||||
|---|---|---|---|---|---|---|---|
| Holdings | Weekly changes |
Holdings | Weekly changes |
||||
| Within 15 day | 15 | 0 | Within 15 days | 20,033 | + 743 | 2196 | + 1561 |
| 16 days to 90 | 20 | 0 | 16 days to 90 days | 95,994 | + 370 | 782 | + 20 |
| Over 90 days | 0 | 0 | 91 days to 1 year | 121,565 | + 4,800 | 281 | + 23 |
| Over 1 year to 5 years | 92,568 | + 1,438 | 460 | - 50 | |||
| Over 5 years to 10 years | 36,607 | 0 | 447 | - 10 | |||
| Over 10 years | 42,117 | + 1,117 | 25 | 0 | |||
| Total | 35 | 0 | Total | 408,884 | + 8,468 | 4190 | + 1544 |
1 Includes $ 350 million of inflation-indexed securities valued at the original face amount and $ 1 million of compensation that adjusts for the effects of
inflation on the principal of such securities.
Components may not add to totals due to rounding.
H.4.1 (b)
STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MARCH 12, 1997
Millions of dollars
| ASSETS | Total | Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta | Chicago | St. Louis | Minneapolis | Kansas City |
Dallas | San Francisco |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gold certificate account | 11,051 | 661 | 4,052 | 423 | 624 | 919 | 769 | 1,140 | 474 | 168 | 321 | 433 | 1,067 |
| Special drawing rights certif. acct. | 9,200 | 530 | 3,202 | 282 | 574 | 792 | 602 | 900 | 340 | 123 | 247 | 367 | 1,241 |
| Coin | 701 | 21 | 35 | 61 | 34 | 121 | 88 | 82 | 31 | 26 | 56 | 58 | 89 |
| Loans | 35 | 12 | 0 | 0 | 0 | 0 | 0 | 4 | 7 | 6 | 6 | 0 | 0 |
| Acceptances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Federal agency obligations | |||||||||||||
| Bought outright | 2,011 | 118 | 748 | 78 | 118 | 167 | 134 | 218 | 94 | 30 | 63 | 72 | 170 |
| Held under repurchase agreements(1) | 2,179 | 0 | 2,179 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| U.S. government securities | |||||||||||||
| Bought outright--Bills | 191,573 | 11,272 | 71,245 | 7,414 | 11,260 | 15,886 | 12,785 | 20,761 | 8,974 | 2,889 | 6,001 | 6,860 | 16,226 |
| Notes (2) | 153,103 | 9,008 | 56,938 | 5,926 | 8,999 | 12,696 | 10,217 | 16,592 | 7,172 | 2,309 | 4,796 | 5,482 | 12,967 |
| Bonds | 51,399 | 3,024 | 19,115 | 1,989 | 3,021 | 4,262 | 3,430 | 5,570 | 2,408 | 775 | 1,610 | 1,841 | 4,353 |
| Total bought outright(3) | 396,075 | 23,304 | 147,299 | 15,329 | 23,279 | 32,844 | 26,432 | 42,924 | 18,555 | 5,974 | 12,406 | 14,183 | 33,546 |
| Held under repurchase agreements(1) | 12,809 | 0 | 12,809 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total U.S. govt. securities | 408,884 | 23,304 | 160,108 | 15,329 | 23,279 | 32,844 | 26,432 | 42,924 | 18,555 | 5,974 | 12,406 | 14,183 | 33,546 |
| Total loans and securities | 413,110 | 23,434 | 163,035 | 15,407 | 23,398 | 33,011 | 26,567 | 43,146 | 18,655 | 6,010 | 12,476 | 14,255 | 33,717 |
| Items in process of collection | 6,936 | 398 | 851 | 352 | 255 | 533 | 882 | 532 | 297 | 456 | 403 | 359 | 1,617 |
| Bank premises | 1,248 | 95 | 153 | 50 | 111 | 127 | 80 | 109 | 30 | 121 | 56 | 154 | 160 |
| Other assets(4) | 29,266 | 1,210 | 9,241 | 1,433 | 1,684 | 2,159 | 2,301 | 3,228 | 864 | 571 | 984 | 1,349 | 4,242 |
| Interdistrict settlement account | 0 | 345 | -21,702 | -2,748 | 3,563 | 3,100 | -2,403 | -2,185 | -3,240 | -512 | -1,027 | 5,553 | 21,258 |
| TOTAL ASSETS | 471,511 | 26,693 | 158,866 | 15,260 | 30,243 | 40,762 | 28,887 | 46,952 | 17,451 | 6,963 | 13,515 | 22,528 | 63,391 |
1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and
international accounts, of which $ 0 was outstanding at the end of the latest statement week.
2 Includes $ 350 million of inflation-indexed securities valued at the original face amount and $ 1 million of compensation that adjusts for the effects of inflation
on the principal of such securities.
3 Net of $ 13,430 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 70 million
securities loaned--fully secured by U.S. government securities.
4 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of
$ 163 million in Treasury bills maturing within 90 days.
Components may not add to totals due to rounding.
H.4.1 (c)
STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON MARCH 12, 1997
Millions of dollars
| LIABILITIES | Total | Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta | Chicago | St. Louis | Minneapolis | Kansas City |
Dallas | San Francisco |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Federal Reserve notes | 420,378 | 23,710 | 142,740 | 12,650 | 28,189 | 37,243 | 24,766 | 42,138 | 15,934 | 5,139 | 11,536 | 19,781 | 56,551 |
| Deposits | |||||||||||||
| Depository institutions | 24,309 | 1,924 | 5,872 | 1,585 | 921 | 1,813 | 1,987 | 2,485 | 827 | 1,039 | 1,045 | 1,746 | 3,065 |
| U.S. Treasury--general account | 5,285 | 0 | 5,285 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Foreign--official accounts | 222 | 5 | 111 | 9 | 9 | 10 | 13 | 17 | 4 | 3 | 5 | 8 | 28 |
| Other | 409 | 1 | 108 | 1 | 2 | 117 | 9 | 166 | 0 | 1 | 3 | 1 | 1 |
| Total deposits | 30,225 | 1,930 | 11,375 | 1,594 | 932 | 1,940 | 2,009 | 2,668 | 831 | 1,043 | 1,054 | 1,755 | 3,094 |
| Deferred credit items | 6,393 | 399 | 727 | 236 | 263 | 521 | 840 | 519 | 215 | 454 | 384 | 278 | 1,558 |
| Other liabilities and accrued dividends (1) |
4,792 | 276 | 1,714 | 203 | 272 | 382 | 338 | 497 | 223 | 105 | 177 | 187 | 418 |
| TOTAL LIABILITIES | 461,788 | 26,315 | 156,557 | 14,683 | 29,656 | 40,085 | 27,953 | 45,821 | 17,203 | 6,741 | 13,150 | 22,001 | 61,621 |
| CAPITAL ACCOUNTS | |||||||||||||
| Capital paid in | 4,755 | 178 | 1,078 | 286 | 283 | 333 | 464 | 547 | 115 | 111 | 179 | 259 | 923 |
| Surplus | 4,476 | 168 | 1,023 | 268 | 286 | 310 | 415 | 524 | 112 | 104 | 171 | 250 | 846 |
| Other capital accounts | 492 | 32 | 208 | 23 | 18 | 34 | 55 | 59 | 21 | 8 | 15 | 17 | 0 |
| TOTAL LIABILITIES AND CAPITAL ACCOUNTS |
471,511 | 26,693 | 158,866 | 15,260 | 30,243 | 40,762 | 28,887 | 46,952 | 17,451 | 6,963 | 13,515 | 22,528 | 63,391 |
| FEDERAL RESERVE AGENTS' ACCOUNTS | |||||||||||||
| F.R. notes outstanding | 524,727 | 29,691 | 185,264 | 15,677 | 31,516 | 43,450 | 32,704 | 49,866 | 18,567 | 6,721 | 13,546 | 25,130 | 72,597 |
| Less--Held by F.R. Banks | 104,350 | 5,981 | 42,524 | 3,026 | 3,327 | 6,207 | 7,938 | 7,728 | 2,632 | 1,582 | 2,010 | 5,349 | 16,045 |
| F.R. notes, net | 420,378 | 23,710 | 142,740 | 12,650 | 28,189 | 37,243 | 24,766 | 42,138 | 15,934 | 5,139 | 11,536 | 19,781 | 56,551 |
| Collateral held against F.R. notes | |||||||||||||
| Gold certificate account | 11,051 | ||||||||||||
| Special drawing rights certificate account |
9,200 | ||||||||||||
| Other eligible assets | 0 | ||||||||||||
| U.S. govt. and agency securities | 400,127 | ||||||||||||
| Total collateral | 420,378 |
1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.
Components may not add to totals due to rounding.