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
September 30, 1999
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 Sep 29, 1999 |
Sep 22, 1999 | Sep 30, 1998 | Wednesday Sep 29, 1999 |
| Reserve Bank Credit (1,2) | 537,415 | - 1,009 | + 49,508 | 543,032 |
| U.S. government securities | ||||
| Bought outright-system account (3) | 489,966 | - 1,040 | + 43,727 | 491,019 |
| Held under repurchase agreements | 2,871 | + 933 | - 2,570 | 5,220 |
| Federal agency obligations | ||||
| Bought outright | 238 | 0 | - 165 | 238 |
| Held under repurchase agreements | 9,728 | - 1,427 | + 8,558 | 11,183 |
| Acceptances | 0 | 0 | 0 | 0 |
| Loans to depository institutions | ||||
| Adjustment credit | 101 | + 29 | - 37 | 105 |
| Seasonal credit | 304 | + 21 | + 132 | 313 |
| Extended credit | 0 | 0 | 0 | 0 |
| Float | 228 | + 72 | - 568 | 612 |
| Other F.R. assets | 33,979 | + 403 | + 430 | 34,342 |
| Gold stock | 11,048 | + 2 | + 3 | 11,048 |
| Special drawing rights certificate account | 7,200 | 0 | - 2,000 | 7,200 |
| Treasury currency outstanding | 27,263 | + 14 | + 1,272 | 27,263 |
| Total factors supplying reserve funds | 582,925 | - 993 | + 48,781 | 588,542 |
| Currency in circulation* | 542,403 | - 27 | + 49,612 | 544,082 |
| Treasury cash holdings* | 93 | + 7 | 0 | 93 |
| Deposits,other than reserve balances,with F.R.Banks | ||||
| Treasury | 7,403 | - 109 | + 414 | 8,232 |
| Foreign | 218 | - 47 | + 17 | 191 |
| Service-related balances and adjustments (4) | 7,325 | + 400 | + 334 | 7,325 |
| Other | 223 | - 25 | - 130 | 191 |
| Other F.R. liabilities and capital | 18,606 | + 5 | + 1,400 | 18,485 |
| Total factors, other than reserve balances, absorbing reserve funds |
576,270 | + 203 | + 51,646 | 578,599 |
| Reserve balances with F.R. Banks (5) | 6,655 | - 1,196 | - 2,865 | 9,944 |
On September 29, 1999, the face amount of marketable U.S. government securities held in custody by the
Federal Reserve Banks for foreign official and international accounts was 617,995 million, a change of
+$ 3,515 million for the week. The total includes the face value of U.S. Treasury strips and other zero
coupon bonds.
1 Net of $ 17,585 million daily average, matched sale-purchase transactions outstanding during the
latest statement week, of which a net of $ 17,585 million was with foreign official and international
accounts. Includes securities loaned--fully secured by U.S. government securities.
2 Net of $ 16,534 million matched sale-purchase transactions outstanding at the end of the latest
statement week, of which a net of $ 16,534 million was with foreign official and international
accounts. Includes $ 2,523 million securities loaned--fully secured U.S. government securities.
3 Includes $ 5,108 million of inflation-indexed securities valued at the original face amount and
$ 171 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 $ 508 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 Sep 29, 1999 |
Wednesday Sep 22, 1999 |
Wednesday Sep 30, 1998 |
| Gold certificate account | 11,048 | 0 | + 4 | |
| Special drawing rights certificate account | 7,200 | 0 | - 2,000 | |
| Coin | 287 | + 3 | - 130 | |
| Loans | 418 | 0 | - 637 | |
| Acceptances | 0 | 0 | 0 | |
| Federal agency obligations | ||||
| Bought outright | 238 | 0 | - 165 | |
| Held under repurchase agreements (1) | 11,183 | - 3,694 | + 9,084 | |
| U.S. government securities | ||||
| Bought outright--Bills | 199,165 | - 39 | + 3,301 | |
| Notes (2) | 211,801 | + 3 | + 27,615 | |
| Bonds (3) | 80,053 | + 1 | + 14,057 | |
| Total bought outright (4) | 491,019 | - 35 | + 44,972 | |
| Held under repurchase agreements (1) | 5,220 | + 327 | - 6,915 | |
| Total U.S. government securities | 496,239 | + 293 | + 38,057 | |
| Total loans and securities | 508,078 | - 3,402 | + 46,340 | |
| Items in process of collection | (742) | 6,978 | + 86 | + 524 |
| Bank premises | 1,337 | + 3 | + 42 | |
| Other assets (5) | 33,009 | + 418 | - 1,319 | |
| TOTAL ASSETS | (742) | 567,937 | - 2,890 | + 43,461 |
| LIABILITIES | ||||
| Federal Reserve notes | 517,199 | + 1,000 | + 48,440 | |
| Deposits | ||||
| Depository institutions | 16,996 | - 3,844 | - 8,710 | |
| U.S. Treasury--general account | 8,232 | + 511 | + 3,280 | |
| Foreign--official accounts | 191 | + 30 | - 156 | |
| Other | (0) | 191 | - 53 | - 158 |
| Total deposits | (0) | 25,609 | - 3,357 | - 5,744 |
| Deferred availability cash items | (742) | 6,643 | - 467 | - 68 |
| Other liabilities and accrued dividends (6) | 5,012 | - 56 | + 375 | |
| TOTAL LIABILITIES | (742) | 554,464 | - 2,879 | + 43,004 |
| CAPITAL ACCOUNTS | ||||
| Capital paid in | 6,329 | + 11 | + 419 | |
| Surplus | 5,952 | 0 | + 732 | |
| Other capital accounts | 1,192 | - 23 | - 694 | |
*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 $ 3,938 million of inflation-indexed securities valued at the original face amount and
$ 141 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
3 Includes $ 1,170 million of inflation-indexed securities valued at the original face amount and
$ 30 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Net of $ 16,534 million matched sale-purchase transactions outstanding at the end of the latest
statement week. Includes $ 2,523 million securities loaned--fully secured by U.S. government
securities.
5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes
special investment account at Chicago of $ 0 million in Treasury bills maturing within 90 days.
6 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, September 29, 1999
Holdings of securities include securitites held under repurchase agreements, which are classified according
to remaining maturity.
Millions of dollars
| U.S. government securities (1) |
Federal agency obligations |
||||||
|---|---|---|---|---|---|---|---|
| Loans | Acceptances | Holdings | Weekly changes |
Holdings | Weekly changes |
||
| Within 15 days | 372 | 0 | Within 15 days | 19,310 | + 4,581 | 11,223 | - 3,664 |
| 16 to 90 days | 46 | 0 | 16 to 90 days | 97,374 | - 4,437 | 17 | - 30 |
| Over 90 days | 0 | 0 | 91 days to 1 year | 142,227 | + 145 | 51 | 0 |
| Over 1 to 5 years | 122,349 | + 1 | 10 | 0 | |||
| Over 5 to 10 years | 50,204 | + 3 | 120 | 0 | |||
| Over 10 years | 64,777 | + 1 | 0 | 0 | |||
| Total | 418 | 0 | Total | 496,239 | + 293 | 11,421 | - 3,694 |
1 Includes $ 5,108 million of inflation-indexed securities valued at the original face amount and
$ 171 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 September 29, 1999
Millions of dollars
| ASSETS | Total | Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta | Chicago | St. Louis | Minneapolis | Kansas City |
Dallas | San Francisco |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gold certificate account | 11,048 | 533 | 4,435 | 319 | 566 | 834 | 724 | 993 | 337 | 140 | 313 | 575 | 1,279 |
| Special drawing rights certif. acct. | 7,200 | 357 | 2,823 | 217 | 348 | 599 | 523 | 637 | 204 | 90 | 203 | 396 | 803 |
| Coin | 287 | 6 | 13 | 14 | 26 | 38 | 34 | 32 | 18 | 12 | 20 | 39 | 36 |
| Loans | 418 | 2 | 0 | 6 | 0 | 0 | 86 | 72 | 90 | 71 | 60 | 0 | 30 |
| Acceptances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Federal agency obligations | |||||||||||||
| Bought outright | 238 | 12 | 95 | 7 | 14 | 18 | 14 | 22 | 8 | 3 | 7 | 12 | 26 |
| Held under repurchase agreements(1) | 11,183 | 0 | 11,183 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| U.S. government securities | |||||||||||||
| Bought outright--Bills | 199,165 | 10,299 | 79,317 | 5,965 | 11,529 | 14,983 | 12,123 | 18,706 | 6,551 | 2,382 | 5,973 | 9,924 | 21,414 |
| Notes (2) | 211,801 | 10,953 | 84,349 | 6,344 | 12,260 | 15,934 | 12,892 | 19,892 | 6,967 | 2,533 | 6,351 | 10,553 | 22,772 |
| Bonds (3) | 80,053 | 4,140 | 31,881 | 2,398 | 4,634 | 6,022 | 4,873 | 7,519 | 2,633 | 957 | 2,401 | 3,989 | 8,607 |
| Total bought outright(4) | 491,019 | 25,392 | 195,546 | 14,707 | 28,422 | 36,939 | 29,888 | 46,117 | 16,152 | 5,873 | 14,725 | 24,466 | 52,793 |
| Held under repurchase agreements(1) | 5,220 | 0 | 5,220 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total U.S. govt. securities | 496,239 | 25,392 | 200,766 | 14,707 | 28,422 | 36,939 | 29,888 | 46,117 | 16,152 | 5,873 | 14,725 | 24,466 | 52,793 |
| Total loans and securities | 508,078 | 25,407 | 212,044 | 14,720 | 28,436 | 36,957 | 29,988 | 46,211 | 16,250 | 5,947 | 14,792 | 24,478 | 52,848 |
| Items in process of collection | 7,719 | 356 | 857 | 367 | 315 | 600 | 838 | 600 | 390 | 593 | 463 | 298 | 2,042 |
| Bank premises | 1,337 | 93 | 164 | 50 | 156 | 124 | 121 | 107 | 31 | 129 | 52 | 146 | 164 |
| Other assets(5) | 33,009 | 1,481 | 11,131 | 968 | 1,937 | 4,531 | 2,065 | 2,942 | 819 | 749 | 838 | 1,355 | 4,194 |
| Interdistrict settlement account | 0 | + 2,640 | + 5,382 | + 4,977 | - 1,316 | - 8,015 | + 5,265 | +15,184 | + 2,373 | - 5,382 | + 1,218 | -22,035 | - 291 |
| TOTAL ASSETS | 568,679 | 30,872 | 236,847 | 21,632 | 30,467 | 35,669 | 39,560 | 66,706 | 20,422 | 2,278 | 17,898 | 5,253 | 61,075 |
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 $ 3,938 million of inflation-indexed securities valued at the original face amount and
$ 141 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
3 Includes $ 1,170 million of inflation-indexed securities valued at the original face amount and
$ 30 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Net of $ 16,534 million matched sale-purchase transactions outstanding at the end of the latest
statement week. Includes $ 2,523 million securities loaned--fully secured by U.S. government
securities.
5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes
special investment account at Chicago of $ 0 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 September 29, 1999
Millions of dollars
| LIABILITIES | Total | Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta | Chicago | St. Louis | Minneapolis | Kansas City |
Dallas | San Francisco |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Federal Reserve notes | 517,199 | 28,234 | 218,568 | 20,343 | 28,212 | 28,688 | 35,832 | 62,734 | 19,194 | 497 | 16,356 | 3,438 | 55,103 |
| Deposits | |||||||||||||
| Depository institutions | 16,996 | 1,314 | 4,042 | 440 | 820 | 2,655 | 1,656 | 1,703 | 423 | 673 | 579 | 810 | 1,881 |
| U.S. Treasury--general account | 8,232 | 0 | 8,232 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Foreign--official accounts | 191 | 7 | 75 | 4 | 10 | 30 | 10 | 14 | 3 | 5 | 3 | 6 | 24 |
| Other | 191 | 23 | 138 | 1 | -21 | 36 | 4 | 1 | 4 | 0 | 2 | 2 | 2 |
| Total deposits | 25,609 | 1,344 | 12,487 | 445 | 809 | 2,721 | 1,670 | 1,718 | 429 | 678 | 584 | 818 | 1,907 |
| Deferred credit items | 7,384 | 456 | 797 | 285 | 301 | 589 | 850 | 585 | 303 | 589 | 432 | 305 | 1,893 |
| Other liabilities and accrued dividends (1) |
5,012 | 236 | 2,145 | 158 | 261 | 358 | 308 | 420 | 170 | 89 | 163 | 228 | 476 |
| TOTAL LIABILITIES | 555,205 | 30,269 | 233,997 | 21,231 | 29,583 | 32,356 ; | 38,660 | 65,456 | 20,097 | 1,854 | 17,535 | 4,789 | 59,379 |
| CAPITAL ACCOUNTS | |||||||||||||
| Capital paid in | 6,329 | 289 | 1,319 | 194 | 433 | 1,632 | 436 | 603 | 157 | 209 | 174 | 213 | 670 |
| Surplus | 5,952 | 267 | 1,208 | 177 | 399 | 1,238 | 418 | 583 | 121 | 202 | 140 | 227 | 972 |
| Other capital accounts | 1,192 | 47 | 323 | 31 | 52 | 444 | 45 | 63 | 47 | 12 | 48 | 24 | 55 |
| TOTAL LIABILITIES AND CAPITAL ACCOUNTS |
568,679 | 30,872 | 236,847 | 21,632 | 30,467 | 35,669 | 39,560 | 66,706 | 20,422 | 2,278 | 17,898 | 5,253 | 61,075 |
| FEDERAL RESERVE AGENTS' ACCOUNTS | |||||||||||||
| F.R. notes outstanding | 824,276 | 39,775 | 329,020 | 31,508 | 38,982 | 55,932 | 60,837 | 80,981 | 26,765 | 11,605 | 25,180 | 37,536 | 86,155 |
| Less--Held by F.R. Banks | 307,076 | 11,541 | 110,452 | 11,166 | 10,770 | 27,244 | 25,005 | 18,247 | 7,571 | 11,109 | 8,824 | 34,098 | 31,051 |
| F.R. notes, net | 517,199 | 28,234 | 218,568 | 20,343 | 28,212 | 28,688 | 35,832 | 62,734 | 19,194 | 497 | 16,356 | 3,438 | 55,103 |
| Collateral held against F.R. notes | |||||||||||||
| Gold certificate account | 11,048 | ||||||||||||
| Special drawing rights certificate account |
7,200 | ||||||||||||
| Other eligible assets | 0 | ||||||||||||
| U.S. govt. and agency securities | 498,952 | ||||||||||||
| Total collateral | 517,199 | ||||||||||||
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.