Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  August 26, 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
August 26, 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
Aug 25, 2004
Week ended
Aug 25, 2004
Change from week ended
Aug 18, 2004 Aug 27, 2003
                                                              
Reserve Bank Credit                                         755,206     +     969     +  39,803       757,041 
 Securities held outright                                   694,794     +     753     +  41,150       694,840 
    U.S. Treasury (1)                                       694,794     +     753     +  41,160       694,840 
       Bills (2)                                            255,281     +      30     +  14,789       255,322 
       Notes and bonds, nominal (2)                         422,541     +     711     +  23,688       422,541 
       Notes and bonds, inflation-indexed (2)                14,862             0     +   2,048        14,862 
       Inflation compensation (3)                             2,110     +      12     +     636         2,114 
    Federal agency (2)                                            0             0     -      10             0 
 Repurchase agreements(4)                                    22,786     +   2,250     -   1,821        24,500 
 Loans to depository institutions                               241     -       5     +      84           236 
    Primary credit                                                6     -       6     +       5             5 
    Secondary credit                                              0             0             0             0 
    Seasonal credit                                             234     -       1     +      78           230 
 Float                                                         -461     -      72     -     621          -310 
 Other Federal Reserve assets                               37,846    -   1,957    +   1,012       37,775 
Gold stock                                                   11,044             0     +       1        11,044 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            36,129     +      14     +     915        36,129 
                                                              
Total factors supplying reserve funds                       804,579     +     983     +  40,719       806,414 
                                                                          
Currency in circulation(5)                                  734,390     -     640     +  39,625       735,462 
Reverse repurchase agreements (6)                            20,967     -     761     +   1,744        20,922 
   Foreign official and international accounts               20,967     -     761     +   1,744        20,922 
   Dealers                                                        0             0             0             0 
Treasury cash holdings                                          321     +      15     -      17           330 
Deposits with F.R.Banks, other than reserve balances         15,434     +       5     -   2,180        14,387 
  U.S. Treasury, general account                              4,789     +     333     -   1,185         3,668 
  Foreign official                                              102     -       9     +      16           229 
  Service-related                                            10,208     -     319     -   1,040        10,208 
     Required clearing balances                              10,207     -     320     -     705        10,207 
     Adjustments to compensate for float                          0             0     -     337             0 
  Other                                                         336             0     +      30           283 
Other liabilities and capital                                22,440     +     475     +   2,443        22,557 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  793,553     -     905     +  41,615       793,658 
                                                              
Reserve balances with Federal Reserve Banks                  11,026     +   1,888     -     896        12,755 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)         1,277,669     +  12,119     + 328,919     1,279,748 
     U.S. Treasury                                        1,035,943     +  10,500     + 274,175     1,035,965 
     Federal agency                                         241,727     +   1,620     +  54,745       243,783 
  Securities lent to dealers                                    767     -     318     -     862         1,527 
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
Aug 25, 2004
Wednesday
Aug 18, 2004
Wednesday
Aug 27, 2003
Assets                                               
Gold certificate account                                         11,040                 0         +       1 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                                764         +      10         -     123 
Securities, repurchase agreements, and loans                    719,576         +   8,074         +  36,734 
   Securities held outright                                     694,840         +      80         +  41,159 
      U.S. Treasury (1)                                         694,840         +      80         +  41,169 
         Bills (2)                                              255,322         +      68         +  14,794 
         Notes and bonds, nominal (2)                           422,541                 0         +  23,688 
         Notes and bonds, inflation-indexed (2)                    14,862                 0         +   2,048 
         Inflation compensation (3)                               2,114         +      12         +     638 
      Federal agency (2)                                              0                 0         -      10 
   Repurchase agreements (4)                                     24,500         +   8,000         -   4,500 
   Loans                                                            236         -       5         +      75 
Items in process of collection                      (779)         5,215         -     356         -   2,371 
Bank premises                                                     1,718         +       7         +     128 
Other assets (5)                                                 36,122         +     124         +     733 
      Total assets                                  (779)       776,634         +   7,859         +  35,100 
                                                     
Liabilities                                          
Federal Reserve notes net of FR Bank holdings                  700,422         -     491         +  37,004 
Reverse repurchase agreements (6)                                20,922         -     452         +   1,803 
Deposits                                              (0)        27,208         +   8,143         -   4,523 
  Depository institutions                                        23,028         +   9,027         -   2,899 
  U.S. Treasury, general account                                  3,668         -     997         -   1,773 
  Foreign official                                                  229         +     125         +     148 
  Other                                               (0)           283         -      11         +       1 
Deferred availability cash items                    (779)         5,525         -     215         -   1,830 
Other liabilities and accrued dividends (7)                       2,592         +      72         +     388 
      Total liabilities                             (779)       756,669         +   7,057         +  32,844 
                                                     
Capital Accounts                                     
Capital paid in                                                  10,452         +   1,190         +   1,704 
Surplus                                                           8,834         -      13         +     454 
Other capital accounts                                              678         -     376         +      98 
      Total capital                                              19,965         +     802         +   2,257 
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, August 25, 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             215        57,989    -      76             0            0        24,500        20,922
16 days to 90 days          21       150,619    -     573             0            0             0             0
91 days to 1 year            0       162,874    +     717             0            0      ------       ------   
Over 1 to 5 years     ------         197,636    +       4             0            0      ------       ------   
Over 5 to 10 years    ------          49,806    +       3             0            0      ------       ------   
Over 10 years         ------          75,916    +       5             0            0      ------       ------   
           
All                        236       694,840    +      80             0            0        24,500       20,922 
 
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 August 25, 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                      11,040         494       4,650         382         452         819         894         924         325         218         302         525       1,055 
Special drawing rights certificate acct.       2,200         115         874          83         104         147         166         212          71          30          66          98         234 
Coin                                             764          20          37          37          43          75          96          97          52          22          47         129         108 
Securities, repurchase agreements,                                 
      and loans                              719,576      32,628     325,792      20,676      29,691      52,811      46,869      62,650      20,443      15,239      18,290      31,686      62,801 
   Securities held outright                  694,840      32,628     301,292      20,666      29,691      52,811      46,858      62,590      20,414      15,155      18,259      31,681      62,795 
      U.S. Treasury (1)                      694,840      32,628     301,292      20,666      29,691      52,811      46,858      62,590      20,414      15,155      18,259      31,681      62,795 
         Bills (2)                           255,322      11,989     110,711       7,594      10,910      19,406      17,218      22,999       7,501       5,569       6,709      11,641      23,074 
         Notes and bonds(3)                  439,518      20,639     190,581      13,072      18,781      33,405      29,640      39,591      12,913       9,586      11,550      20,040      39,721 
         Federal agency (2)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
      Repurchase agreements(4)                24,500           0      24,500           0           0           0           0           0           0           0           0           0           0 
      Loans                                      236           0           0          10           0           0          10          60          29          83          31           5           6 
Items in process of collection                 5,994         270         460         326         279         331         534         417         399         427         374         230       1,947 
Bank premises                                  1,718          97         191          51         155         144         279         140          56         124          76         226         180 
Other assets(5)                               36,122       1,634      12,935       1,003       2,249       5,769       2,048       3,263         946       1,081         740         900       3,554 
Interdistrict settlement account                   0     + 4,163     -36,565     + 4,860     +   995     + 1,714     +10,122     - 1,321     + 1,644     -   592     + 1,331     + 3,372     +10,277 
          Total Assets                       777,413      39,421     308,374      27,418      33,968      61,811      61,007      66,381      23,936      16,549      21,227      37,166      80,156 
 
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 August 25, 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             826,371      38,721     317,193      33,032      35,111      62,706      73,277      67,751      25,331      15,962      24,141      42,988      90,159 
  Less: notes held by F.R. Banks              125,949       4,338      32,667       8,740       5,908      11,800      17,669       8,110       3,447       1,434       4,905       8,223      18,708 
    Federal Reserve notes, net                700,422      34,383     284,525      24,292      29,202      50,905      55,608      59,641      21,883      14,528      19,236      34,766      71,451 
Reverse repurchase agreements (1)              20,922         982       9,072         622         894       1,590       1,411       1,885         615         456         550         954       1,891 
Deposits                                       27,208       1,354       8,949       1,388       1,826       4,525       2,003       2,014         596         432         738         767       2,615 
  Depository institutions                      23,028       1,334       4,901       1,387       1,822       4,434       2,001       2,010         594         431         736         766       2,611 
  U.S. Treasury, general account                3,668           0       3,668           0           0           0           0           0           0           0           0           0           0 
  Foreign official                                229           2         206           1           2           7           2           3           1           1           1           0           4 
  Other                                           283          18         175           0           1          84           0           1           2           0           1           0           0 
Deferred availability cash items                6,305         427         594         441         400         377         744         535         261         438         286         262       1,539 
Other liabilities and accrued                                                 
  dividends (2)                                 2,592         152         842         102         130         263         205         246         112          88          97         143         213 
                                                                    
    Total liabilities                         757,448      37,298     303,983      26,846      32,452      57,660      59,971      64,321      23,468      15,943      20,907      36,892      77,709 
                                                                    
Capital                                                             
Capital paid in                                10,452       1,617       2,144         284         761       2,088         515       1,025         232         262         153         131       1,239 
Surplus                                         8,834         448       2,031         259         727       2,062         489         924         228         344         162         111       1,048 
Other capital                                     678          57         216          29          28           0          32         111           8           0           5          33         160 
     Total liabilities and capital            777,413      39,421     308,374      27,418      33,968      61,811      61,007      66,381      23,936      16,549      21,227      37,166      80,156 
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
Aug 25, 2004
Federal Reserve notes outstanding          826,371  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   125,949  
      Federal Reserve Notes to be         
         collateralized                    700,422  
Collateral held against Federal Reserve             
   notes                                   700,422  
   Gold certificate account                 11,040  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           687,182  
   Other assets pledged                          0  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      719,340  
   Less:face value of securities under    
         reverse repurchase agreements      20,930  
      U.S. Treasury and agency securities  
             eligible to be pledged        698,410  
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