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. H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks November 2, 2000 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 Nov 1, 2000 Oct 25, 2000 Nov 3, 1999 Nov 1, 2000 Reserve Bank Credit 563,958 + 4,435 + 13,228 571,958 U.S. government securities (1) Bought outright-system account (2,3) 510,299 - 165 + 19,383 510,302 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 130 0 - 58 130 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 16,005 + 4,316 - 7,795 24,940 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 18 - 157 - 86 3 Seasonal credit 240 - 37 + 125 201 Extended credit 0 0 0 0 Float 686 + 286 + 409 174 Other F.R. assets 36,580 + 191 + 1,286 36,209 Gold stock 11,046 0 - 3 11,046 Special drawing rights certificate account 3,200 0 - 4,000 3,200 Treasury currency outstanding 30,661 + 14 + 3,025 30,661 Total factors supplying reserve funds 608,865 + 4,449 + 12,251 616,865 Currency in circulation* 570,622 + 39 + 13,435 572,260 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 286 - 1 + 192 271 Deposits,other than reserve balances,with F.R.Banks Treasury 5,171 - 107 + 203 5,149 Foreign 81 - 10 - 96 75 Service-related balances and adjustments (5) 6,830 + 132 - 446 6,830 Other 256 + 15 + 26 278 Other F.R. liabilities and capital 16,562 + 496 - 1,762 16,449 Total factors, other than reserve balances, absorbing reserve funds 599,808 + 565 + 11,553 601,312 Reserve balances with F.R. Banks (6) 9,056 + 3,883 + 697 15,554 On November 1, 2000, 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 $ 684,762 million, a change of $ - 2,017 million for the week. The total includes $ 591,224 million of U.S. government securities and $ 93,538 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 $ 16,845 million (daily average over statement week) and $ 16,692 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 16,845 million (daily average) and $ 16,692 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 794 million (daily average) and $ 534 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 436 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 $ 6,346 million and adjustments of $ 484 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. Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of Dollars Change Since * Wednesday Wednesday Wednesday Nov 1, 2000 Oct 25, 2000 Nov 3, 1999 ASSETS Gold certificate account 11,046 0 - 3 Special drawing rights certificate account 3,200 0 - 4,000 Coin 886 + 30 + 581 Loans 203 - 79 - 621 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 24,940 + 14,945 - 1,640 Federal agency obligations (2) Bought outright 130 0 - 58 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 182,312 - 432 - 17,511 Notes (3) 235,603 - 786 + 24,328 Bonds (4) 92,387 + 482 + 11,957 Total bought outright (5) 510,302 - 736 + 18,773 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 510,302 - 736 + 18,773 Total loans and securities 535,575 + 14,130 + 16,455 Items in process of collection (883) 8,834 - 334 + 400 Bank premises 1,434 + 1 + 88 Other assets (6) 34,752 - 553 + 1,235 TOTAL ASSETS (883) 595,727 + 13,273 + 14,757 LIABILITIES Federal Reserve notes 542,757 + 882 + 9,033 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 22,494 + 9,634 + 7,014 U.S. Treasury--general account 5,149 + 942 - 461 Foreign--official accounts 75 + 4 - 87 Other (0) 278 + 37 + 20 Total deposits (0) 27,995 + 10,615 + 6,484 Deferred availability cash items (883) 8,526 + 1,581 + 830 Other liabilities and accrued dividends (7) 4,296 + 3 - 64 TOTAL LIABILITIES (883) 583,574 + 13,081 + 16,283 CAPITAL ACCOUNTS Capital paid in 6,987 + 6 + 626 Surplus 2,679 0 - 3,273 Other capital accounts 2,487 + 187 + 1,121 *Figures in parentheses are the eliminations made in the consolidation process. 1 Cash value of agreements arranged through third-party custodial banks. 2 Face value of the securities. 3 Includes $ 4,857 million of inflation-indexed securities valued at the original face amount and $ 344 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,538 million of inflation-indexed securities valued at the original face amount and $ 92 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,692 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 534 million that are fully collateralized by other U.S. government securities. 6 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. 7 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, November 1, 2000 Holdings of securities include securitites held under repurchase agreements, which are classified according to remaining maturity. Millions of dollars U.S. government Federal agency Reverse Loans securities (1,2) obligations(2) Repurchase Repurchase Weekly Weekly Agreements Agreements Holdings changes Holdings changes Triparty(3) Triparty(3) Within 15 days 24 17,950 - 1,490 0 0 20,945 0 16 to 90 days 180 105,007 - 3,791 0 0 3,995 0 91 days to 1 year 0 131,002 + 4,710 0 0 ------ ------ Over 1 to 5 years 130,667 - 648 30 0 ------ ------ Over 5 to 10 years 53,530 0 100 0 ------ ------ Over 10 years 72,145 + 482 0 0 ------ ------ Total 203 510,302 - 736 130 0 24,940 0 1 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 436 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. H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON November 1, 2000 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,046 535 4,428 414 520 750 802 1,064 359 158 340 514 1,162 Special drawing rights certif. acct. 3,200 167 1,271 120 151 213 242 309 103 44 96 143 341 Coin 886 28 72 52 57 112 104 100 45 31 62 73 150 Loans 203 0 0 0 0 0 5 50 50 30 58 10 1 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 24,940 0 24,940 0 0 0 0 0 0 0 0 0 0 Federal agency obligations(2) Bought outright 130 7 50 5 7 8 9 16 5 1 4 4 14 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 U.S. government securities(2) Bought outright--Bills 182,312 10,466 70,373 7,593 10,202 10,702 12,135 21,807 6,926 767 6,075 5,394 19,870 Notes (3) 235,603 13,526 90,943 9,813 13,185 13,830 15,682 28,182 8,950 992 7,851 6,971 25,678 Bonds (4) 92,387 5,304 35,662 3,848 5,170 5,423 6,149 11,051 3,510 389 3,079 2,734 10,069 Total bought outright(5) 510,302 29,296 196,978 21,254 28,557 29,956 33,967 61,040 19,385 2,148 17,006 15,099 55,617 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 510,302 29,296 196,978 21,254 28,557 29,956 33,967 61,040 19,385 2,148 17,006 15,099 55,617 Total loans and securities 535,575 29,303 221,968 21,260 28,564 29,964 33,981 61,105 19,440 2,179 17,068 15,112 55,632 Items in process of collection 9,717 625 1,308 539 319 673 807 434 480 671 589 641 2,631 Bank premises 1,434 93 166 50 155 125 230 104 33 126 49 137 165 Other assets(5) 34,752 1,666 11,796 1,230 2,035 5,155 2,273 3,383 1,037 671 1,012 1,060 3,432 Interdistrict settlement account 0 + 1,535 + 9,806 - 474 + 1,771 + 1,109 + 2,095 - 3,779 - 856 - 690 - 1,259 - 5,118 - 4,142 TOTAL ASSETS 596,610 33,952 250,815 23,192 33,572 38,100 40,533 62,722 20,641 3,189 17,958 12,564 59,371 1 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities. 2 Face value of the securities. 3 Includes $ 4,857 million of inflation-indexed securities valued at the original face amount and $ 344 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,538 million of inflation-indexed securities valued at the original face amount and $ 92 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,692 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 534 million that are fully collateralized by other U.S. government securities. 6 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Components may not add to totals due to rounding. H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON November 1, 2000 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 542,757 30,748 232,591 21,472 30,801 32,445 37,288 57,751 19,123 1,231 16,414 10,812 52,081 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 22,494 1,658 7,223 541 1,258 2,101 1,145 2,701 758 847 554 901 2,809 U.S. Treasury--general account 5,149 0 5,149 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 75 1 51 1 2 8 2 3 1 1 1 1 3 Other 278 0 138 1 2 125 1 1 1 0 3 1 3 Total deposits 27,995 1,660 12,560 543 1,262 2,234 1,148 2,704 760 848 558 903 2,815 Deferred credit items 9,409 619 1,068 568 499 683 927 648 298 565 501 365 2,667 Other liabilities and accrued dividends (2) 4,296 255 1,459 192 249 315 332 483 177 70 168 156 441 TOTAL LIABILITIES 584,457 33,282 247,678 22,775 32,811 35,676 39,695 61,587 20,358 2,714 17,640 12,236 58,005 CAPITAL ACCOUNTS Capital paid in 6,987 358 1,493 237 460 1,686 492 616 138 359 178 186 784 Surplus 2,679 120 552 83 185 705 192 241 66 98 75 88 275 Other capital accounts 2,487 192 1,092 97 117 33 154 278 78 19 65 54 308 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 596,610 33,952 250,815 23,192 33,572 38,100 40,533 62,722 20,641 3,189 17,958 12,564 59,371 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 759,820 37,078 303,983 31,992 37,070 51,915 61,250 70,386 23,610 9,753 21,747 32,864 78,172 Less--Held by F.R. Banks 217,063 6,329 71,392 10,520 6,269 19,470 23,961 12,635 4,487 8,522 5,333 22,052 26,091 F.R. notes, net 542,757 30,748 232,591 21,472 30,801 32,445 37,288 57,751 19,123 1,231 16,414 10,812 52,081 Collateral held against F.R. notes Gold certificate account 11,046 Special drawing rights certificate account 3,200 Other eligible assets 0 U.S. govt. and agency securities(3) 528,511 Total collateral 542,757 1 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities. 2 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. 3 U.S. government and agency securities bought outright or held under repurchase agreement are valued at face amount. Includes cash value of repurchase agreements under triparty arrangements and excludes the par value of securities pledged under reverse repurchase agreements. Components may not add to totals due to rounding.