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 30, 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 29, 2000 Nov 22, 2000 Dec 1, 1999 Nov 29, 2000 Reserve Bank Credit 573,582 + 5,550 + 38 574,841 U.S. government securities (1) Bought outright-system account (2,3) 513,689 + 664 + 20,112 514,308 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 130 0 - 51 130 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 24,720 + 5,102 - 21,383 25,630 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 48 - 368 - 11 286 Seasonal credit 148 0 + 83 152 Extended credit 0 0 0 0 Float 681 - 302 + 480 -105 Other F.R. assets 34,166 + 454 + 816 34,440 Gold stock 11,046 0 - 3 11,046 Special drawing rights certificate account 3,200 0 - 4,000 3,200 Treasury currency outstanding 30,911 + 2 + 3,080 30,909 Total factors supplying reserve funds 618,738 + 5,552 - 886 619,995 Currency in circulation* 580,044 + 3,896 - 620 580,630 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 315 + 26 + 226 344 Deposits,other than reserve balances,with F.R.Banks Treasury 4,940 - 235 - 167 5,056 Foreign 74 - 18 - 137 73 Service-related balances and adjustments (5) 6,758 + 158 - 537 6,758 Other 229 - 9 - 16 227 Other F.R. liabilities and capital 18,027 + 272 - 366 17,913 Total factors, other than reserve balances, absorbing reserve funds 610,388 + 4,092 - 1,616 611,002 Reserve balances with F.R. Banks (6) 8,351 + 1,461 + 731 8,993 On November 29, 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 $ 684,023 million, a change of $ + 1,298 million for the week. The total includes $ 588,498 million of U.S. government securities and $ 95,525 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 $ 16,674 million (daily average over statement week) and $ 16,611 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 16,674 million (daily average) and $ 16,611 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 95 million (daily average) and $ 244 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 6,905 million of inflation-indexed securities valued at the original face amount and $ 515 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 $ 6,212 million and adjustments of $ 546 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 29, 2000 Nov 22, 2000 Dec 1, 1999 ASSETS Gold certificate account 11,046 0 - 2 Special drawing rights certificate account 3,200 0 - 4,000 Coin 892 - 13 + 662 Loans 438 + 292 + 353 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 25,630 + 1,015 - 23,875 Federal agency obligations (2) Bought outright 130 0 - 51 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 183,817 - 66 - 15,024 Notes (3) 237,804 + 559 + 24,533 Bonds (4) 92,687 + 2 + 11,325 Total bought outright (5) 514,308 + 495 + 20,834 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 514,308 + 495 + 20,834 Total loans and securities 540,506 + 1,802 - 2,739 Items in process of collection (831) 7,198 - 1,274 - 840 Bank premises 1,441 - 2 + 88 Other assets (6) 33,000 + 478 + 1,448 TOTAL ASSETS (831) 597,282 + 989 - 5,384 LIABILITIES Federal Reserve notes 550,957 + 765 - 5,575 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 16,362 + 92 + 1,423 U.S. Treasury--general account 5,056 + 643 - 26 Foreign--official accounts 73 + 2 - 89 Other (0) 227 - 6 - 9 Total deposits (0) 21,718 + 731 + 1,298 Deferred availability cash items (831) 6,694 - 751 - 1,028 Other liabilities and accrued dividends (7) 4,409 + 41 - 48 TOTAL LIABILITIES (831) 583,778 + 786 - 5,353 CAPITAL ACCOUNTS Capital paid in 7,071 + 41 + 697 Surplus 2,679 0 - 3,273 Other capital accounts 3,754 + 162 + 2,545 *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 $ 5,367 million of inflation-indexed securities valued at the original face amount and $ 414 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 $ 101 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,611 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 244 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 29, 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 421 15,478 - 2,161 0 0 10,605 0 16 to 90 days 18 114,311 + 1,724 0 0 15,025 0 91 days to 1 year 0 126,364 + 370 0 0 ------ ------ Over 1 to 5 years 132,581 + 1 130 0 ------ ------ Over 5 to 10 years 54,681 + 558 0 0 ------ ------ Over 10 years 70,893 + 2 0 0 ------ ------ Total 438 514,308 + 495 130 0 25,630 0 1 Includes $ 6,905 million of inflation-indexed securities valued at the original face amount and $ 515 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 29, 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 892 34 77 52 54 111 94 96 46 32 67 79 150 Loans 438 0 0 1 0 0 3 325 30 15 48 9 8 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 25,630 0 25,630 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 183,817 10,553 70,954 7,656 10,287 10,790 12,235 21,987 6,983 774 6,126 5,439 20,034 Notes (3) 237,804 13,652 91,793 9,905 13,308 13,960 15,829 28,445 9,034 1,001 7,925 7,036 25,918 Bonds (4) 92,687 5,321 35,777 3,860 5,187 5,441 6,169 11,087 3,521 390 3,089 2,742 10,102 Total bought outright(5) 514,308 29,526 198,524 21,421 28,781 30,191 34,234 61,519 19,537 2,165 17,139 15,217 56,054 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 514,308 29,526 198,524 21,421 28,781 30,191 34,234 61,519 19,537 2,165 17,139 15,217 56,054 Total loans and securities 540,506 29,533 224,204 21,428 28,789 30,199 34,245 61,859 19,572 2,181 17,191 15,230 56,076 Items in process of collection 8,028 510 1,324 375 161 549 677 484 294 549 458 405 2,243 Bank premises 1,441 94 166 50 154 126 234 104 34 126 49 138 166 Other assets(5) 33,000 1,558 11,195 1,125 1,930 5,055 2,150 3,163 968 665 953 1,006 3,233 Interdistrict settlement account 0 + 1,037 + 7,323 - 5 + 1,602 + 2,081 + 2,667 - 3,105 - 575 - 626 - 113 - 5,847 - 4,441 TOTAL ASSETS 598,113 33,468 249,988 23,559 33,361 39,085 41,111 63,975 20,799 3,129 19,042 11,668 58,929 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 $ 5,367 million of inflation-indexed securities valued at the original face amount and $ 414 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 $ 101 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,611 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 244 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 29, 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 550,957 31,414 236,178 22,001 31,029 32,910 37,777 59,699 19,233 1,390 16,702 9,847 52,776 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 16,362 588 2,845 410 946 2,624 1,167 1,914 851 651 1,337 1,022 2,009 U.S. Treasury--general account 5,056 0 5,056 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 73 1 49 1 2 8 2 3 1 1 1 1 3 Other 227 0 137 1 3 45 1 1 0 0 34 1 2 Total deposits 21,718 589 8,086 412 952 2,677 1,170 1,917 852 652 1,372 1,024 2,014 Deferred credit items 7,525 453 944 454 197 616 828 548 235 534 422 243 2,050 Other liabilities and accrued dividends (2) 4,409 261 1,486 195 253 334 339 493 185 72 172 161 457 TOTAL LIABILITIES 584,609 32,718 246,695 23,061 32,432 36,538 40,114 62,657 20,505 2,648 18,668 11,276 57,298 CAPITAL ACCOUNTS Capital paid in 7,071 358 1,528 236 493 1,678 493 631 138 359 178 187 791 Surplus 2,679 120 552 83 185 705 192 241 66 98 75 88 275 Other capital accounts 3,754 272 1,213 178 251 165 311 446 91 23 122 117 565 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 598,113 33,468 249,988 23,559 33,361 39,085 41,111 63,975 20,799 3,129 19,042 11,668 58,929 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 756,715 37,023 302,615 31,862 36,740 51,385 60,954 70,979 23,417 9,673 21,733 32,653 77,682 Less--Held by F.R. Banks 205,757 5,610 66,437 9,861 5,710 18,474 23,176 11,280 4,183 8,283 5,030 22,807 24,906 F.R. notes, net 550,957 31,414 236,178 22,001 31,029 32,910 37,777 59,699 19,233 1,390 16,702 9,847 52,776 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) 536,712 Total collateral 550,957 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.