Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  January 15, 2004
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
January 15, 2004
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
Jan 14, 2004
Week ended
Jan 14, 2004
Change from week ended
Jan 7, 2004 Jan 15, 2003
                                                              
Reserve Bank Credit                                         729,489     -  13,812     +  36,493       731,822 
 Securities held outright                                   666,798     +      94     +  37,382       666,798 
    U.S. Treasury (1)                                       666,798     +      94     +  37,392       666,798 
       Bills (2)                                            244,981     +     104     +  18,299       244,985 
       Notes and bonds, nominal (2)                         406,173             0     +  16,954       406,173 
       Notes and bonds, inflation-indexed (2)                13,994             0     +   1,752        13,994 
       Inflation compensation (3)                             1,649     -      10     +     386         1,646 
    Federal agency (2)                                            0             0     -      10             0 
 Repurchase agreements(4)                                    21,143     -  13,536     -   3,285        24,000 
 Loans to depository institutions                                45     +      21     +      29            14 
    Primary credit                                               39     +      27     +      33             7 
    Secondary credit                                              0             0             0             0 
    Seasonal credit                                               6     -       5     -       5             7 
 Float                                                          331     -   1,018     +     622          -328 
 Other Federal Reserve assets                               41,172    +     626    +   1,746       41,337 
Gold stock                                                   11,043             0             0        11,043 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            35,503     +      14     +     906        35,503 
                                                              
Total factors supplying reserve funds                       778,235     -  13,798     +  37,399       780,568 
                                                                          
Currency in circulation(5)                                  713,146     -   8,016     +  36,720       711,863 
Reverse repurchase agreements (6)                            20,443     -   2,034     +   2,291        20,721 
   Foreign official and international accounts               19,479     -   2,641     +   1,327        20,721 
   Dealers                                                      964     +     607     +     964             0 
Treasury cash holdings                                          324     +       3     -      45           332 
Deposits with F.R.Banks, other than reserve balances         15,807     -   2,276     -     948        16,343 
  U.S. Treasury, general account                              4,886     -     433     -     358         5,398 
  Foreign official                                               87     -       8     -      86            81 
  Service-related                                            10,536     -   1,485     -     592        10,536 
     Required clearing balances                              10,184     -   1,646     -     354        10,184 
     Adjustments to compensate for float                        352     +     160     -     238           352 
  Other                                                         298     -     349     +      88           328 
Other liabilities and capital                                20,682     +     557     +     944        20,321 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  770,403     -  11,765     +  38,963       769,581 
                                                              
Reserve balances with Federal Reserve Banks                   7,832     -   2,033     -   1,563        10,987 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)         1,082,931     +  10,271     + 223,918     1,094,529 
     U.S. Treasury                                          865,630     +   3,626     + 171,533       876,794 
     Federal agency                                         217,302     +   6,646     +  52,386       217,735 
  Securities lent to dealers                                  2,456     -     744     +   1,877           497 
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 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
Jan 14, 2004
Wednesday
Jan 7, 2004
Wednesday
Jan 15, 2003
Assets                                               
Gold certificate account                                         11,039                 0                 0 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                                752         +      27         -     291 
Securities, repurchase agreements, and loans                    690,812         +      81         +  31,381 
   Securities held outright                                     666,798         +      78         +  37,382 
      U.S. Treasury (1)                                         666,798         +      78         +  37,392 
         Bills (2)                                              244,985         +      88         +  18,303 
         Notes and bonds, nominal (2)                           406,173                 0         +  16,954 
         Notes and bonds, inflation-indexed (2)                    13,994                 0         +   1,752 
         Inflation compensation (3)                               1,646         -       9         +     383 
      Federal agency (2)                                              0                 0         -      10 
   Repurchase agreements (4)                                     24,000                 0         -   6,000 
   Loans                                                             14         +       3         -       1 
Items in process of collection                    (1,307)         7,567         -   3,674         -     588 
Bank premises                                                     1,625         +       1         +      83 
Other assets (5)                                                 39,704         +     545         +   2,016 
      Total assets                                (1,307)       753,699         -   3,019         +  32,601 
                                                     
Liabilities                                          
Federal Reserve notes net of FR Bank holdings                  677,440         -   5,951         +  34,553 
Reverse repurchase agreements (6)                                20,721         +   1,134         +   2,908 
Deposits                                              (0)        27,310         +   2,230         -   5,338 
  Depository institutions                                        21,503         +   1,647         -   5,488 
  U.S. Treasury, general account                                  5,398         +     483         +     206 
  Foreign official                                                   81         -       3         -     172 
  Other                                               (0)           328         +     103         +     115 
Deferred availability cash items                  (1,307)         7,907         -     372         -     212 
Other liabilities and accrued dividends (7)                       2,180         +      78         -      55 
      Total liabilities                           (1,307)       735,559         -   2,879         +  31,857 
                                                     
Capital Accounts                                     
Capital paid in                                                   8,875         +      24         +     486 
Surplus                                                           8,847                 0         +     369 
Other capital accounts                                              419         -     164         -     109 
      Total capital                                              18,141         -     140         +     746 
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 collateralized 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, January 14, 2004
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               9        49,096    +     649             0            0        24,000        20,721
16 days to 90 days           5       146,987    -     451             0            0             0             0
91 days to 1 year            0       162,203    -     110             0            0      ------       ------   
Over 1 to 5 years     ------         180,069    -       2             0            0      ------       ------   
Over 5 to 10 years    ------          51,305    -       4             0            0      ------       ------   
Over 10 years         ------          77,139    -       3             0            0      ------       ------   
           
All                         14       666,798    +      78             0            0        24,000       20,721 
 
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 January 14, 2004
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                                             752          24          31          37          33          87          83          98          54          25          43         146          90 
Securities, repurchase agreements,                                 
      and loans                              690,812      32,237     309,278      20,850      31,245      51,279      45,048      67,385      20,978      14,884      17,923      26,132      53,573 
   Securities held outright                  666,798      32,237     285,278      20,847      31,245      51,279      45,046      67,380      20,978      14,884      17,920      26,132      53,573 
      U.S. Treasury (1)                      666,798      32,237     285,278      20,847      31,245      51,279      45,046      67,380      20,978      14,884      17,920      26,132      53,573 
         Bills (2)                           244,985      11,844     104,812       7,659      11,479      18,840      16,550      24,756       7,708       5,468       6,584       9,601      19,683 
         Notes and bonds(3)                  421,813      20,393     180,465      13,188      19,765      32,439      28,496      42,624      13,271       9,415      11,336      16,531      33,890 
         Federal agency (2)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
      Repurchase agreements(4)                24,000           0      24,000           0           0           0           0           0           0           0           0           0           0 
      Loans                                       14           0           0           4           0           0           2           5           0           0           3           0           0 
Items in process of collection                 8,874         544         764         543         460         714         541         628         426         428         610         505       2,710 
Bank premises                                  1,625          93         189          53         151         145         278         125          49         125          57         182         179 
Other assets(5)                               39,704       1,847      13,985       1,171       2,519       6,448       2,308       3,710       1,015       1,205         946       1,116       3,432 
Interdistrict settlement account                   0     + 1,907     - 4,392     +   103     - 2,959     -   447     + 1,537     - 7,451     - 1,616     -   595     -   484     + 5,780     + 8,618 
          Total Assets                       755,006      37,262     325,434      23,220      32,031      59,182      50,824      65,689      21,308      16,327      19,464      34,466      69,799 
 
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 January 14, 2004
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             799,600      38,771     324,848      29,619      32,996      60,097      66,112      67,035      23,410      15,548      21,895      39,969      79,300 
  Less: notes held by F.R. Banks              122,160       5,320      26,398       9,156       5,212      10,344      20,259       8,909       4,318       1,597       4,623       7,873      18,150 
    Federal Reserve notes, net                677,440      33,451     298,450      20,463      27,784      49,753      45,852      58,126      19,092      13,951      17,272      32,096      61,150 
Reverse repurchase agreements (1)              20,721       1,002       8,865         648         971       1,594       1,400       2,094         652         463         557         812       1,665 
Deposits                                       27,310       1,131      12,063         967       1,241       2,799       1,497       2,643         685         535         743         823       2,182 
  Depository institutions                      21,503       1,088       6,445         966       1,237       2,673       1,495       2,640         683         523         741         822       2,189 
  U.S. Treasury, general account                5,398           0       5,398           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                                           328          41         163           1           2         118           0           0           1          10           1           1         -10 
Deferred availability cash items                9,214         638       1,118         509         443         630         889         706         311         597         474         390       2,508 
Other liabilities and accrued                                                 
  dividends (2)                                 2,180         124         706          92         114         215         179         219         101          82          84         107         158 
                                                                    
    Total liabilities                         736,865      36,345     321,203      22,679      30,554      54,990      49,818      63,788      20,841      15,627      19,129      34,228      67,664 
                                                                    
Capital                                                             
Capital paid in                                 8,875         448       2,031         271         727       2,075         490         931         227         345         160         111       1,057 
Surplus                                         8,847         448       2,031         259         727       2,074         489         924         228         346         162         111       1,048 
Other capital                                     419          20         170          12          23          43          28          47          11           9          12          16          29 
     Total liabilities and capital            755,006      37,262     325,434      23,220      32,031      59,182      50,824      65,689      21,308      16,327      19,464      34,466      69,799 
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
Jan 14, 2004
Federal Reserve notes outstanding          799,600  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   122,160  
      Federal Reserve Notes to be         
         collateralized                    677,440  
Collateral held against Federal Reserve             
   notes                                   677,440  
   Gold certificate account                 11,039  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           664,201  
   Other assets pledged                          0  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      690,798  
   Less:face value of securities under    
         reverse repurchase agreements      20,726  
      U.S. Treasury and agency securities  
             eligible to be pledged        670,072  
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