Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  January 22, 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 22, 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 21, 2004
Week ended
Jan 21, 2004
Change from week ended
Jan 14, 2004 Jan 22, 2003
                                                              
Reserve Bank Credit                                         738,254     +   8,765     +  41,261       751,276 
 Securities held outright                                   666,827     +      29     +  37,411       666,832 
    U.S. Treasury (1)                                       666,827     +      29     +  37,421       666,832 
       Bills (2)                                            245,020     +      39     +  18,338       245,028 
       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)                             1,639     -      10     +     376         1,636 
    Federal agency (2)                                            0             0     -      10             0 
 Repurchase agreements(4)                                    30,607     +   9,464     +   3,571        42,000 
 Loans to depository institutions                               223     +     178     +     204           132 
    Primary credit                                              212     +     173     +     200           120 
    Secondary credit                                              0             0             0             0 
    Seasonal credit                                              11     +       5     +       4            12 
 Float                                                         -173     -     504     -     987         1,318 
 Other Federal Reserve assets                               40,771    -     401    +   1,063       40,994 
Gold stock                                                   11,043             0             0        11,043 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            35,517     +      14     +     920        35,517 
                                                              
Total factors supplying reserve funds                       787,015     +   8,780     +  42,182       800,036 
                                                                          
Currency in circulation(5)                                  711,194     -   1,952     +  35,253       711,024 
Reverse repurchase agreements (6)                            19,997     -     446     +   1,430        19,735 
   Foreign official and international accounts               19,997     +     518     +   1,430        19,735 
   Dealers                                                        0     -     964             0             0 
Treasury cash holdings                                          334     +      10     -      34           343 
Deposits with F.R.Banks, other than reserve balances         18,606     +   2,799     +     969        19,004 
  U.S. Treasury, general account                              7,374     +   2,488     +   1,241         7,740 
  Foreign official                                               86     -       1     -      27           116 
  Service-related                                            10,732     +     196     -     434        10,732 
     Required clearing balances                              10,184             0     -     355        10,184 
     Adjustments to compensate for float                        548     +     196     -      79           548 
  Other                                                         414     +     116     +     189           416 
Other liabilities and capital                                20,120     -     562     +     204        20,134 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  770,251     -     152     +  37,823       770,240 
                                                              
Reserve balances with Federal Reserve Banks                  16,763     +   8,931     +   4,358        29,796 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)         1,105,102     +  22,171     + 247,337     1,108,391 
     U.S. Treasury                                          884,968     +  19,338     + 193,823       884,037 
     Federal agency                                         220,134     +   2,832     +  53,514       224,355 
  Securities lent to dealers                                  1,193     -   1,263     +     773         1,752 
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 21, 2004
Wednesday
Jan 14, 2004
Wednesday
Jan 22, 2003
Assets                                               
Gold certificate account                                         11,039                 0                 0 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                                779         +      27         -     306 
Securities, repurchase agreements, and loans                    708,964         +  18,152         +  42,785 
   Securities held outright                                     666,832         +      34         +  37,416 
      U.S. Treasury (1)                                         666,832         +      34         +  37,426 
         Bills (2)                                              245,028         +      43         +  18,346 
         Notes and bonds, nominal (2)                           406,173                 0         +  16,954 
         Notes and bonds, inflation-indexed (2)                    13,994                 0         +   1,752 
         Inflation compensation (3)                               1,636         -      10         +     373 
      Federal agency (2)                                              0                 0         -      10 
   Repurchase agreements (4)                                     42,000         +  18,000         +   5,250 
   Loans                                                            132         +     118         +     119 
Items in process of collection                    (1,226)        12,751         +   5,184         -   3,901 
Bank premises                                                     1,644         +      19         +     103 
Other assets (5)                                                 39,341         -     363         +   1,068 
      Total assets                                (1,226)       776,717         +  23,018         +  39,748 
                                                     
Liabilities                                          
Federal Reserve notes net of FR Bank holdings                  676,625         -     815         +  33,344 
Reverse repurchase agreements (6)                                19,735         -     986         +   1,212 
Deposits                                             (85)        48,816         +  21,506         +   4,718 
  Depository institutions                                        40,544         +  19,041         +   2,915 
  U.S. Treasury, general account                                  7,740         +   2,342         +   1,621 
  Foreign official                                                  116         +      35         -       6 
  Other                                              (85)           416         +      88         +     188 
Deferred availability cash items                  (1,141)        11,408         +   3,501         -     111 
Other liabilities and accrued dividends (7)                       2,242         +      62         +      29 
      Total liabilities                           (1,226)       758,825         +  23,266         +  39,191 
                                                     
Capital Accounts                                     
Capital paid in                                                   8,875                 0         +     485 
Surplus                                                           8,847                 0         +     467 
Other capital accounts                                              170         -     249         -     395 
      Total capital                                              17,892         -     249         +     557 
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 21, 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             132        54,597    +   5,501             0            0        42,000        19,735
16 days to 90 days           0       141,753    -   5,234             0            0             0             0
91 days to 1 year            0       163,385    +   1,182             0            0      ------       ------   
Over 1 to 5 years     ------         182,299    +   2,230             0            0      ------       ------   
Over 5 to 10 years    ------          47,663    -   3,642             0            0      ------       ------   
Over 10 years         ------          77,135    -       4             0            0      ------       ------   
           
All                        132       666,832    +      34             0            0        42,000       19,735 
 
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 21, 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                                             779          27          32          39          36          87          87         102          56          26          44         147          95 
Securities, repurchase agreements,                                 
      and loans                              708,964      32,312     327,292      20,848      31,246      51,315      45,051      67,390      20,980      14,887      17,928      26,133      53,581 
   Securities held outright                  666,832      32,238     285,292      20,848      31,246      51,281      45,049      67,384      20,979      14,885      17,921      26,133      53,576 
      U.S. Treasury (1)                      666,832      32,238     285,292      20,848      31,246      51,281      45,049      67,384      20,979      14,885      17,921      26,133      53,576 
         Bills (2)                           245,028      11,846     104,831       7,661      11,481      18,843      16,553      24,760       7,709       5,469       6,585       9,603      19,687 
         Notes and bonds(3)                  421,804      20,392     180,461      13,187      19,765      32,438      28,495      42,623      13,270       9,415      11,336      16,530      33,889 
         Federal agency (2)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
      Repurchase agreements(4)                42,000           0      42,000           0           0           0           0           0           0           0           0           0           0 
      Loans                                      132          74           0           0           0          34           2           7           0           3           7           0           5 
Items in process of collection                13,977       1,029       1,178         729         830       1,000       1,357       1,027         673         645       1,060         763       3,685 
Bank premises                                  1,644          94         189          53         151         145         278         125          49         125          73         182         179 
Other assets(5)                               39,341       1,838      13,824       1,163       2,500       6,379       2,286       3,679       1,015       1,194         938       1,109       3,417 
Interdistrict settlement account                   0     + 4,259     -17,088     -   434     - 1,993     + 6,764     + 2,630     - 7,083     - 1,603     -   301     -   466     + 5,886     + 9,428 
          Total Assets                       777,943      40,170     331,007      22,861      33,352      66,645      52,718      66,435      21,572      16,830      19,946      34,826      71,583 
 
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 21, 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             800,000      39,045     324,856      29,523      32,942      60,096      65,836      67,192      23,552      15,725      21,840      40,013      79,379 
  Less: notes held by F.R. Banks              123,375       5,443      27,936       9,105       5,260      10,234      19,999       8,874       4,347       1,577       4,537       7,703      18,359 
    Federal Reserve notes, net                676,625      33,602     296,920      20,418      27,682      49,863      45,837      58,318      19,205      14,148      17,304      32,310      61,020 
Reverse repurchase agreements (1)              19,735         954       8,443         617         925       1,518       1,333       1,994         621         441         530         773       1,586 
Deposits                                       48,901       3,545      19,353         720       2,436       9,924       3,119       3,003         710         924         980         783       3,403 
  Depository institutions                      40,544       3,501      11,281         718       2,433       9,704       3,079       3,000         709         922         978         781       3,437 
  U.S. Treasury, general account                7,740           0       7,740           0           0           0           0           0           0           0           0           0           0 
  Foreign official                                116           2          93           1           3           7           2           3           1           1           1           1           3 
  Other                                           501          42         239           1           1         213          39           0           1           0           1           1         -38 
Deferred availability cash items               12,549       1,039       1,427         470         731         960       1,258       1,023         467         545         722         621       3,286 
Other liabilities and accrued                                                 
  dividends (2)                                 2,242         124         777          90         115         215         174         217         100          81          82         108         158 
                                                                    
    Total liabilities                         760,051      39,264     326,920      22,315      31,888      62,480      51,722      64,555      21,103      16,139      19,619      34,596      69,452 
                                                                    
Capital                                                             
Capital paid in                                 8,875         448       2,032         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                                     170           9          25          17           9          16          16          24          14           0           4           9          25 
     Total liabilities and capital            777,943      40,170     331,007      22,861      33,352      66,645      52,718      66,435      21,572      16,830      19,946      34,826      71,583 
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 21, 2004
Federal Reserve notes outstanding          800,000  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   123,375  
      Federal Reserve Notes to be         
         collateralized                    676,625  
Collateral held against Federal Reserve             
   notes                                   676,625  
   Gold certificate account                 11,039  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           663,386  
   Other assets pledged                          0  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      708,832  
   Less:face value of securities under    
         reverse repurchase agreements      19,739  
      U.S. Treasury and agency securities  
             eligible to be pledged        689,093  
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