Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  May 08, 2003
Release dates
Current release   Other formats: Screen reader | ASCII | PDF (21 KB)
FEDERAL RESERVE Statistical Release
 

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
May 8, 2003
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks
Averages of daily figures Wednesday
May 7, 2003
Week ended
May 7, 2003
Change from week ended
Apr 30, 2003 May 8, 2002
                                                              
Reserve Bank Credit                                         708,240     -   7,632     +  66,691       710,520 
 Securities held outright                                   647,419     +     362     +  65,242       647,580 
    U.S. Treasury (1)                                       647,409     +     362     +  65,242       647,570 
       Bills (2)                                            236,375     +     340     +  43,060       236,529 
       Notes and bonds, nominal (2)                         396,776             0     +  20,608       396,776 
       Notes and bonds, inflation-indexed (2)                12,814             0     +   1,212        12,814 
       Inflation compensation (3)                             1,443     +      21     +     361         1,450 
    Federal agency (2)                                           10             0             0            10 
 Repurchase agreements(4)                                    20,537     -   8,214     +     608        22,251 
 Loans to depository institutions                                50     +      20     -      49            59 
    Primary credit                                                4     +       4     +       4             6 
    Secondary credit                                              0             0             0             0 
    Seasonal credit                                              46     +      17     -      48            53 
    Adjustment credit                                             0             0     -       5             0 
 Float                                                          97    -     125    +      17          138 
 Other Federal Reserve assets                                40,136     +     325     +     871        40,492 
Gold stock                                                   11,043             0     -       1        11,043 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            34,836     +      14     +   1,094        34,836 
                                                              
Total factors supplying reserve funds                       756,319     -   7,618     +  67,784       758,599 
                                                                          
Currency in circulation(5)                                  688,743     +   1,567     +  42,251       690,712 
Reverse repurchase agreements (6)                            21,325     +     376     +  21,325        20,667 
   Foreign official and international accounts               21,325     +     376     +  21,325        20,667 
   Dealers                                                        0             0             0             0 
Treasury cash holdings                                          341     -       9     -      55           342 
Deposits with F.R.Banks, other than reserve balances         18,592     -   1,537     +   2,971        17,564 
  U.S. Treasury, general account                              7,113     -   1,650     +   1,968         6,050 
  Foreign official                                              102     -      30     +      15           145 
  Service-related                                            11,109     +     100     +     981        11,109 
     Required clearing balances                              10,882     +      52     +   1,021        10,882 
     Adjustments to compensate for float                        227     +      48     -      41           227 
  Other                                                         269     +      44     +       9           259 
Other liabilities and capital                                20,331     +     166     +   1,208        20,109 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  749,332     +     562     +  67,700       749,394 
                                                              
Reserve balances with Federal Reserve Banks                   6,987     -   8,180     +      84         9,205 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)           893,876     +   6,854      ------         895,358 
     U.S. Treasury                                          712,140     +   2,290      ------         713,153 
     Federal agency                                         181,736     +   4,565      ------         182,205 
  Securities lent to dealers                                    460     -      50     -     125         1,926 
Note: Components may not sum to totals because of rounding.
--- Not available.
 

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5 Estimated.
6 Cash value of agreements, which are collateralized by U.S. Treasury securities.
7 Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.
 

 

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
 

 

2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
Assets, liabilities, and capital Eliminations
from
consolidation
  Change Since
Wednesday
May 7, 2003
Wednesday
Apr 30, 2003
Wednesday
May 8, 2002
Assets                                               
Gold certificate account                                         11,039                 0         -       5 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                              1,003         -      18         +      30 
Securities, repurchase agreements, and loans                    669,890         -  14,927         +  67,116 
   Securities held outright                                     647,580         +     299         +  63,898 
      U.S. Treasury (1)                                         647,570         +     299         +  63,898 
         Bills (2)                                              236,529         +     280         +  41,717 
         Notes and bonds, nominal (2)                           396,776                 0         +  20,608 
         Notes and bonds, inflation-indexed (2)                    12,814                 0         +   1,212 
         Inflation compensation (3)                               1,450         +      19         +     361 
      Federal agency (2)                                             10                 0                 0 
   Repurchase agreements (4)                                     22,251         -  15,250         +   3,251 
   Loans                                                             59         +      24         -      33 
Items in process of collection                      (924)         9,556         +   1,383         +   1,029 
Bank premises                                                     1,578         +       1         +      64 
Other assets (5)                                                 39,141         +     729         +   1,497 
      Total assets                                  (924)       734,407         -  12,832         +  69,733 
                                                     
Liabilities                                          
Federal Reserve notes net of FR Bank holdings                  657,217         +   1,991         +  40,938 
Reverse repurchase agreements (6)                                20,667         -     147         +  20,667 
Deposits                                              (0)        27,872         -  15,135         +   5,917 
  Depository institutions                                        21,417         -  10,463         +   5,248 
  U.S. Treasury, general account                                  6,050         -   4,533         +     598 
  Foreign official                                                  145         -     168         +      63 
  Other                                               (0)           259         +      28         +       8 
Deferred availability cash items                    (923)         8,542         +     400         +     856 
Other liabilities and accrued dividends (7)                       2,294         +      24         -     121 
      Total liabilities                             (924)       716,592         -  12,868         +  68,257 
                                                     
Capital Accounts                                     
Capital paid in                                                   8,564         +      19         +     463 
Surplus                                                           8,380                 0         +   1,077 
Other capital accounts                                              871         +      17         -      65 
      Total capital                                              17,816         +      37         +   1,476 
Note: Components may not sum to totals because of rounding.
 

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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 Cash value of agreements, which are collatealized by U.S. Treasury and federal agency securites.
5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.
6 Cash value of agreements, which are collateralized by U.S. Treasury securities.
7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of
foreign exchange commitments.
 

 

 

3. Maturity Distribution of Loans and Securities, May 7, 2003
Millions of dollars
Maturity Loans U.S. Treasury
securities (1)
Federal agency
securities
Repurchase
agreements(2)
Reverse
repurchase
agreements(2)
Holding Weekly
changes
Holdings Week
change
Within 15 days              20        46,850    +     100             0            0        18,251        20,667
16 days to 90 days          39       131,587    +   5,303             0            0         4,000             0
91 days to 1 year            0       157,125    +   3,209            10            0      ------       ------   
Over 1 to 5 years     ------         180,504    -   8,328             0            0      ------       ------   
Over 5 to 10 years    ------          51,544    +       6             0            0      ------       ------   
Over 10 years         ------          79,960    +       8             0            0      ------       ------   
           
All                         59       647,570    +     299            10            0        22,251       20,667 
 
Note: Components may not sum to totals because of rounding.
--- Not applicable.
 

1 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.
2 Cash value of agreements classified by remaining maturity of the agreements.
 

 

 

4. Statement of Condition of Each Federal Reserve Bank on May 7, 2003
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Assets                                                             
Gold certificate account                      11,039         495       4,706         380         477         808         863         982         331         224         303         507         963 
Special drawing rights certificate acct.       2,200         115         874          83         104         147         166         212          71          30          66          98         234 
Coin                                           1,003          50          37          75          40         133          95         125          57          40          68         159         125 
Securities, repurchase agreements,                                 
      and loans                              669,890      31,311     299,306      20,246      30,344      49,801      43,750      65,454      20,386      14,475      17,408      25,378      52,030 
   Securities held outright                  647,580      31,308     277,055      20,246      30,344      49,801      43,748      65,438      20,374      14,455      17,403      25,378      52,029 
      U.S. Treasury (1)                      647,570      31,307     277,051      20,246      30,344      49,800      43,747      65,437      20,373      14,455      17,403      25,378      52,029 
         Bills (2)                           236,529      11,435     101,195       7,395      11,083      18,190      15,979      23,901       7,442       5,280       6,357       9,269      19,004 
         Notes and bonds(3)                  411,041      19,872     175,856      12,851      19,260      31,610      27,768      41,536      12,932       9,175      11,046      16,109      33,025 
         Federal agency (2)                       10           0           4           0           0           1           1           1           0           0           0           0           1 
      Repurchase agreements(4)                22,251           0      22,251           0           0           0           0           0           0           0           0           0           0 
      Loans                                       59           3           0           0           0           0           2          16          12          20           5           0           1 
Items in process of collection                10,480         473         979         535         452       1,351         940         685         688         497         620         542       2,717 
Bank premises                                  1,578          91         186          51         151         143         278         117          43         126          51         164         176 
Other assets(5)                               39,141       1,814      14,222       1,127       2,406       6,025       2,299       3,654       1,020       1,154         941       1,141       3,339 
Interdistrict settlement account                   0     - 2,365     +14,653     - 3,326     - 1,906     - 1,351     - 3,741     - 6,985     - 1,419     -   649     +     2     + 2,876     + 4,212 
          Total Assets                       735,331      31,983     334,962      19,170      32,069      57,057      44,650      64,245      21,177      15,897      19,460      30,865      63,796 
 
Note: Components may not sum to totals because of rounding.
 

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.
 

 

 

 

4. Statement of Condition of Each Federal Reserve Bank on May 7, 2003
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Liabilities                                                         
Federal Reserve notes outstanding             761,449      31,920     335,826      24,293      31,301      53,888      59,571      62,867      22,293      15,242      21,182      35,173      67,893 
  Less: notes held by F.R. Banks              104,233       4,546      25,061       7,453       4,136       7,891      19,921       6,655       3,449       1,428       4,077       6,886      12,729 
    Federal Reserve notes, net                657,217      27,374     310,765      16,839      27,165      45,998      39,650      56,212      18,844      13,814      17,105      28,287      55,163 
Reverse repurchase agreements (1)              20,667         999       8,842         646         968       1,589       1,396       2,088         650         461         555         810       1,661 
Deposits                                       27,873       1,968       9,560         603       1,830       4,166       1,395       3,244         813         458         793         812       2,232 
  Depository institutions                      21,417       1,967       3,226         602       1,827       4,065       1,393       3,240         811         456         792         811       2,228 
  U.S. Treasury, general account                6,050           0       6,050           0           0           0           0           0           0           0           0           0           0 
  Foreign official                                145           2         122           1           3           7           2           3           1           1           1           1           3 
  Other                                           260           0         162           0           0          94           0           1           1           0           1           0           0 
Deferred availability cash items                9,465         585       1,075         466         533         792       1,032         659         303         366         493         451       2,710 
Other liabilities and accrued                                                 
  dividends (2)                                 2,294         131         713          94         126         260         184         225          98          88          88         106         180 
                                                                    
    Total liabilities                         717,516      31,058     330,955      18,649      30,622      52,805      43,658      62,428      20,708      15,187      19,034      30,467      61,945 
                                                                    
Capital                                                             
Capital paid in                                 8,564         446       1,878         251         700       2,070         475         875         233         345         204         190         897 
Surplus                                         8,380         436       1,809         233         702       2,073         475         858         199         340         201         186         868 
Other capital                                     871          43         321          37          44         108          42          85          37          25          21          23          85 
     Total liabilities and capital            735,331      31,983     334,962      19,170      32,069      57,057      44,650      64,245      21,177      15,897      19,460      30,865      63,796 
Note: Components may not sum to totals because of rounding.
 

1 Cash value of agreements, which are collateralized by U.S. Treasury securities.
2 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.
 

 

5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral Wednesday
May 7, 2003
Federal Reserve notes outstanding          761,449  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   100,261  
      Federal Reserve Notes to be         
         collateralized                    661,189  
Collateral held against Federal Reserve             
   notes                                   661,189  
   Gold certificate account                 11,039  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           647,950  
   Other eligible assets                         0  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      669,831  
   Less:face value of securities under    
         reverse repurchase agreements      20,674  
      U.S. Treasury and agency securities  
             eligible to be pledged        649,157  
Note: Components may not sum to totals because of rounding.
 

1 Includes face value of U.S. Treasury and agency 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.

Release dates
Current release   Other formats: Screen reader | ASCII | PDF (21 KB)

Statistical releases