Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  October 09, 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
October 9, 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
Oct 8, 2003
Week ended
Oct 8, 2003
Change from week ended
Oct 1, 2003 Oct 9, 2002
                                                              
Reserve Bank Credit                                         715,038     -  12,141     +  59,396       716,049 
 Securities held outright                                   656,242     +     123     +  47,122       656,280 
    U.S. Treasury (1)                                       656,232     +     123     +  47,122       656,270 
       Bills (2)                                            241,639     +     112     +  34,517       241,672 
       Notes and bonds, nominal (2)                         399,595             0     +  11,029       399,595 
       Notes and bonds, inflation-indexed (2)                13,454             0     +   1,212        13,454 
       Inflation compensation (3)                             1,543     +      10     +     363         1,548 
    Federal agency (2)                                           10             0             0            10 
 Repurchase agreements(4)                                    19,250     -  12,857     +  11,821        19,750 
 Loans to depository institutions                               127     -      51     -      54           115 
    Primary credit                                                2     -      21     +       2             5 
    Secondary credit                                              0             0             0             0 
    Seasonal credit                                             125     -      30     -      11           109 
    Adjustment credit                                             0             0     -      45             0 
 Float                                                        -287    +     328    -     727         -143 
 Other Federal Reserve assets                                39,705     +     316     +   1,232        40,048 
Gold stock                                                   11,043             0     +       1        11,043 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            35,271     +      14     +     942        35,271 
                                                              
Total factors supplying reserve funds                       763,552     -  12,127     +  60,339       764,563 
                                                                          
Currency in circulation(5)                                  698,979     +   2,213     +  37,296       701,252 
Reverse repurchase agreements (6)                            19,322     -   2,062     +  19,322        18,951 
   Foreign official and international accounts               19,322     -   2,062     +  19,322        18,951 
   Dealers                                                        0             0             0             0 
Treasury cash holdings                                          358     +      15     -      18           371 
Deposits with F.R.Banks, other than reserve balances         17,090     -   2,049     +   1,325        16,805 
  U.S. Treasury, general account                              5,185     -   1,737     +      79         4,935 
  Foreign official                                              105     -     354     -      11            81 
  Service-related                                            11,456     -      59     +   1,165        11,456 
     Required clearing balances                              11,252     +      27     +   1,254        11,252 
     Adjustments to compensate for float                        204     -      86     -      89           204 
  Other                                                         345     +     102     +      93           334 
Other liabilities and capital                                20,578     -     337     +   1,052        20,295 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  756,328     -   2,220     +  58,978       757,675 
                                                              
Reserve balances with Federal Reserve Banks                   7,224     -   9,907     +   1,361         6,888 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)           991,768     +  18,238      ------         990,790 
     U.S. Treasury                                          798,667     +  16,941      ------         798,517 
     Federal agency                                         193,101     +   1,297      ------         192,272 
  Securities lent to dealers                                  2,338     -   1,351     +   1,275         2,998 
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
Oct 8, 2003
Wednesday
Oct 1, 2003
Wednesday
Oct 9, 2002
Assets                                               
Gold certificate account                                         11,039                 0         +       1 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                                826         -      13         -     246 
Securities, repurchase agreements, and loans                    676,145         -  16,952         +  59,482 
   Securities held outright                                     656,280         +      84         +  46,754 
      U.S. Treasury (1)                                         656,270         +      84         +  46,754 
         Bills (2)                                              241,672         +      71         +  34,150 
         Notes and bonds, nominal (2)                           399,595                 0         +  11,029 
         Notes and bonds, inflation-indexed (2)                    13,454                 0         +   1,212 
         Inflation compensation (3)                               1,548         +      13         +     363 
      Federal agency (2)                                             10                 0                 0 
   Repurchase agreements (4)                                     19,750         -  17,000         +  12,750 
   Loans                                                            115         -      36         -      22 
Items in process of collection                      (985)         7,751         +     352         +     234 
Bank premises                                                     1,595         +       1         +      72 
Other assets (5)                                                 38,441         +     565         +   1,251 
      Total assets                                  (985)       737,996         -  16,049         +  60,793 
                                                     
Liabilities                                          
Federal Reserve notes net of FR Bank holdings                  667,174         +   2,362         +  36,474 
Reverse repurchase agreements (6)                                18,951         -   3,139         +  18,951 
Deposits                                              (0)        23,618         -  14,930         +   3,815 
  Depository institutions                                        18,268         -  14,526         +   3,199 
  U.S. Treasury, general account                                  4,935         +      13         +     534 
  Foreign official                                                   81         -     415         +       5 
  Other                                               (0)           334         -       2         +      76 
Deferred availability cash items                    (985)         7,958         -     240         +     680 
Other liabilities and accrued dividends (7)                       2,247         +      37         -     207 
      Total liabilities                             (985)       719,949         -  15,908         +  59,715 
                                                     
Capital Accounts                                     
Capital paid in                                                   8,747         +       1         +     479 
Surplus                                                           8,380                 0         +   1,068 
Other capital accounts                                              920         -     141         -     469 
      Total capital                                              18,048         -     139         +   1,080 
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, October 8, 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              24        45,442    -     292             0            0        19,750        18,951
16 days to 90 days          91       146,740    +   8,303            10            0             0             0
91 days to 1 year            0       158,422    -   7,940             0            0      ------       ------   
Over 1 to 5 years     ------         176,907    +       3             0            0      ------       ------   
Over 5 to 10 years    ------          51,664    +       4             0            0      ------       ------   
Over 10 years         ------          77,095    +       5             0            0      ------       ------   
           
All                        115       656,270    +      84            10            0        19,750       18,951 
 
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 October 8, 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                                             826          26          39          36          35          98         106         101          56          27          48         153         100 
Securities, repurchase agreements,                                 
      and loans                              676,145      31,728     300,528      20,518      30,757      50,470      44,339      66,347      20,669      14,685      17,657      25,719      52,728 
   Securities held outright                  656,280      31,728     280,778      20,518      30,752      50,470      44,336      66,317      20,647      14,649      17,637      25,719      52,728 
      U.S. Treasury (1)                      656,270      31,728     280,773      20,518      30,751      50,469      44,335      66,316      20,647      14,649      17,637      25,719      52,728 
         Bills (2)                           241,672      11,684     103,395       7,556      11,324      18,585      16,326      24,421       7,603       5,394       6,495       9,471      19,417 
         Notes and bonds(3)                  414,597      20,044     177,378      12,962      19,427      31,884      28,009      41,895      13,044       9,254      11,142      16,248      33,311 
         Federal agency (2)                       10           0           4           0           0           1           1           1           0           0           0           0           1 
      Repurchase agreements(4)                19,750           0      19,750           0           0           0           0           0           0           0           0           0           0 
      Loans                                      115           0           0           0           5           0           4          29          22          36          20           0           0 
Items in process of collection                 8,735         634         727         483         369         659         805         647         443         477         501         207       2,783 
Bank premises                                  1,595          91         189          52         150         143         277         120          43         125          54         172         176 
Other assets(5)                               38,441       1,779      13,743       1,094       2,432       6,135       2,228       3,581         986       1,154         913       1,095       3,302 
Interdistrict settlement account                   0     - 1,323     + 5,599     - 1,684     - 1,985     - 1,312     + 1,408     - 6,638     - 1,545     -   318     -   784     + 2,810     + 5,772 
          Total Assets                       738,981      33,545     326,404      20,962      32,340      57,149      50,193      65,352      21,054      16,405      18,758      30,761      66,060 
 
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 October 8, 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             788,857      35,504     329,190      27,577      33,153      59,254      64,160      66,852      23,527      15,797      21,556      36,310      75,977 
  Less: notes held by F.R. Banks              121,683       5,503      24,932       9,130       5,507      10,354      18,680      10,537       4,487       1,677       4,838       8,010      18,028 
    Federal Reserve notes, net                667,174      30,001     304,258      18,447      27,646      48,900      45,481      56,314      19,040      14,120      16,718      28,299      57,950 
Reverse repurchase agreements (1)              18,951         916       8,108         592         888       1,457       1,280       1,915         596         423         509         743       1,523 
Deposits                                       23,618         994       8,110         882       1,724       1,674       1,344       4,285         578         504         623         788       2,111 
  Depository institutions                      18,268         986       2,958         881       1,721       1,510       1,343       4,282         570         503         621         787       2,107 
  U.S. Treasury, general account                4,935           0       4,935           0           0           0           0           0           0           0           0           0           0 
  Foreign official                                 81           2          57           1           3           7           2           3           1           1           1           1           3 
  Other                                           334           7         160           0           0         156           0           0           8           0           1           1           0 
Deferred availability cash items                8,943         584       1,033         421         521         656         917         721         266         562         408         430       2,425 
Other liabilities and accrued                                                 
  dividends (2)                                 2,247         130         692          93         121         246         179         227         101          87          87         113         171 
                                                                    
    Total liabilities                         720,933      32,625     322,200      20,436      30,900      52,933      49,201      63,462      20,582      15,696      18,346      30,372      64,179 
                                                                    
Capital                                                             
Capital paid in                                 8,747         448       1,998         255         705       2,073         478         917         228         348         196         184         918 
Surplus                                         8,380         436       1,809         233         702       2,073         475         858         199         340         201         186         868 
Other capital                                     920          36         398          38          32          70          38         115          45          21          15          18          95 
     Total liabilities and capital            738,981      33,545     326,404      20,962      32,340      57,149      50,193      65,352      21,054      16,405      18,758      30,761      66,060 
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
Oct 8, 2003
Federal Reserve notes outstanding          788,857  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   117,173  
      Federal Reserve Notes to be         
         collateralized                    671,685  
Collateral held against Federal Reserve             
   notes                                   671,685  
   Gold certificate account                 11,039  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           657,075  
   Other eligible assets                     1,371  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      676,030  
   Less:face value of securities under    
         reverse repurchase agreements      18,955  
      U.S. Treasury and agency securities  
             eligible to be pledged        657,075  
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