Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  March 01, 2007
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FEDERAL RESERVE Statistical Release
 

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
March 1, 2007
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
Feb 28, 2007
Week ended
Feb 28, 2007
Change from week ended
Feb 21, 2007 Mar 1, 2006
                                                              
Reserve Bank Credit                                         853,467     +   1,795     +  32,710       863,042 
 Securities held outright                                   779,447     +     549     +  25,757       780,793 
    U.S. Treasury (1)                                       779,447     +     549     +  25,757       780,793 
       Bills (2)                                            277,019             0     +   2,877       277,019 
       Notes and bonds, nominal (2)                         467,212     +     537     +  12,977       468,553 
       Notes and bonds, inflation-indexed (2)                31,776             0     +   9,580        31,776 
       Inflation compensation (3)                             3,441     +      13     +     323         3,446 
    Federal agency (2)                                            0             0             0             0 
 Repurchase agreements(4)                                    36,286     +   1,107     +   7,250        45,250 
 Loans to depository institutions                                33     +       7     -       1            22 
    Primary credit                                               11     +       6     +       5             0 
    Secondary credit                                              0             0             0             0 
    Seasonal credit                                              21             0     -       7            22 
 Float                                                         -439     -     229     -     650        -1,010 
 Other Federal Reserve assets                               38,141    +     362    +     354       37,987 
Gold stock                                                   11,041             0     -       3        11,041 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            38,318     +      14     +     505        38,318 
                                                              
Total factors supplying reserve funds                       905,026     +   1,809     +  33,212       914,601 
                                                                          
Currency in circulation(5)                                  806,652     -   1,160     +  18,266       808,091 
Reverse repurchase agreements (6)                            38,712     +     996     +  14,065        39,645 
   Foreign official and international accounts               38,712     +     996     +  14,065        39,645 
   Dealers                                                        0             0             0             0 
Treasury cash holdings                                          201     -       9     +      16           204 
Deposits with F.R.Banks, other than reserve balances         11,755     -     280     -   1,688        12,297 
  U.S. Treasury, general account                              4,674     -     266     -     406         5,194 
  Foreign official                                               91             0     +       8            91 
  Service-related                                             6,738             0     -   1,277         6,738 
     Required clearing balances                               6,738             0     -   1,277         6,738 
     Adjustments to compensate for float                          0             0             0             0 
  Other                                                         252     -      15     -      13           274 
Other liabilities and capital                                38,069     +     437     +   5,753        38,147 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  895,390     -      15     +  36,413       898,384 
                                                              
Reserve balances with Federal Reserve Banks                   9,636     +   1,824     -   3,202        16,216 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)         1,833,370     +   6,789     + 253,534     1,839,398 
     U.S. Treasury                                        1,200,513     +   7,735     +  73,894     1,205,004 
     Federal agency                                         632,856     -     946     + 179,639       634,394 
  Securities lent to dealers                                  2,382     -      72     -   1,227         6,026 
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
Feb 28, 2007
Wednesday
Feb 21, 2007
Wednesday
Mar 1, 2006
Assets                                               
Gold certificate account                                         11,037                 0         -       3 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                                985         -      16         +     159 
Securities, repurchase agreements, and loans                    826,065         +  13,121         +  43,594 
   Securities held outright                                     780,793         +   1,891         +  26,111 
      U.S. Treasury (1)                                         780,793         +   1,891         +  26,111 
         Bills (2)                                              277,019                 0         +   2,877 
         Notes and bonds, nominal (2)                           468,553         +   1,878         +  13,326 
         Notes and bonds, inflation-indexed (2)                    31,776                 0         +   9,580 
         Inflation compensation (3)                               3,446         +      14         +     329 
      Federal agency (2)                                              0                 0                 0 
   Repurchase agreements (4)                                     45,250         +  11,250         +  17,500 
   Loans                                                             22         -      19         -      16 
Items in process of collection                      (795)         3,040         -   5,042         -   5,085 
Bank premises                                                     1,974         +      14         +     153 
Other assets (5)                                                 35,966         +     134         +      45 
      Total assets                                  (795)       881,267         +   8,211         +  38,864 
                                                     
Liabilities                                          
Federal Reserve notes net of FR Bank holdings                  770,958         -     280         +  17,930 
Reverse repurchase agreements (6)                                39,645         +   1,501         +  14,973 
Deposits                                              (0)        28,464         +   8,090         +   2,565 
  Depository institutions                                        22,906         +   8,184         +   2,809 
  U.S. Treasury, general account                                  5,194         -     110         -     233 
  Foreign official                                                   91                 0         +       6 
  Other                                               (0)           274         +      17         -      16 
Deferred availability cash items                    (795)         4,053         -   1,857         -   2,740 
Other liabilities and accrued dividends (7)                       5,697         +      52         +   1,333 
      Total liabilities                             (795)       848,817         +   7,508         +  34,061 
                                                     
Capital Accounts                                     
Capital paid in                                                  15,953         +      94         +   2,214 
Surplus                                                          15,282         +      58         +   2,381 
Other capital accounts                                            1,214         +     550         +     208 
      Total capital                                              32,450         +     703         +   4,804 
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, February 28, 2007
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        54,261    -   8,873             0            0        45,250        39,645
16 days to 90 days           2       171,003    -     137             0            0             0             0
91 days to 1 year            0       177,267    +   1,156             0            0      ------       ------   
Over 1 to 5 years     ------         229,242    +   9,736             0            0      ------       ------   
Over 5 to 10 years    ------          66,526    +       3             0            0      ------       ------   
Over 10 years         ------          82,494    +       5             0            0      ------       ------   
           
All                         22       780,793    +   1,891             0            0        45,250       39,645 
 
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 February 28, 2007
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                      11,037         486       4,139         463         446         853       1,023         947         328         211         324         575       1,242 
Special drawing rights certificate acct.       2,200         115         874          83         104         147         166         212          71          30          66          98         234 
Coin                                             985          38          69          68          99          98         108         111          42          40          74          91         146 
Securities, repurchase agreements,                                 
      and loans                              826,065      39,427     305,741      35,863      35,668      68,619      69,154      75,851      26,245      16,800      24,190      37,072      91,435 
   Securities held outright                  780,793      37,258     288,993      33,899      33,714      64,861      65,365      71,692      24,807      15,873      22,863      35,041      86,426 
      U.S. Treasury (1)                      780,793      37,258     288,993      33,899      33,714      64,861      65,365      71,692      24,807      15,873      22,863      35,041      86,426 
         Bills (2)                           277,019      13,219     102,532      12,027      11,962      23,012      23,191      25,436       8,801       5,632       8,112      12,432      30,663 
         Notes and bonds(3)                  503,775      24,039     186,461      21,872      21,753      41,849      42,174      46,257      16,006      10,241      14,752      22,609      55,763 
         Federal agency (2)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
      Repurchase agreements(4)                45,250       2,159      16,748       1,965       1,954       3,759       3,788       4,155       1,438         920       1,325       2,031       5,009 
      Loans                                       22          10           0           0           0           0           0           4           0           7           2           0           0 
Items in process of collection                 3,835         187          67         501         488         404         323         193         121         269         372         217         695 
Bank premises                                  1,974         117         210          57         156         171         231         206          83         116         178         259         189 
Other assets(5)                               35,966       1,204      11,177       3,171       2,110       6,801       2,932       2,420         694         674         656         931       3,196 
Interdistrict settlement account                   0     - 2,742     - 4,373     - 2,478     - 4,660     -   350     +12,477     - 5,209     +   413     -   202     + 3,425     + 1,698     + 2,001 
          Total Assets                       882,062      38,832     317,904      37,728      34,411      76,744      86,414      74,732      27,998      17,937      29,285      40,941      99,137 
 
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 February 28, 2007
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             963,357      38,993     340,889      37,956      36,079      74,834     104,022      82,286      29,325      17,313      30,812      57,059     113,789 
  Less: notes held by F.R. Banks              192,400       4,318      63,009       6,995       7,383      13,229      26,633      14,984       3,631       2,411       4,317      19,929      25,561 
    Federal Reserve notes, net                770,958      34,675     277,881      30,960      28,696      61,605      77,389      67,303      25,694      14,901      26,495      37,130      88,228 
Reverse repurchase agreements (1)              39,645       1,892      14,674       1,721       1,712       3,293       3,319       3,640       1,260         806       1,161       1,779       4,388 
Deposits                                       28,464         833      14,901         515       1,079       2,298       2,007       1,191         359       1,164         597         919       2,602 
  Depository institutions                      22,906         822       9,480         510       1,075       2,209       2,004       1,188         342       1,163         596         918       2,598 
  U.S. Treasury, general account                5,194           0       5,194           0           0           0           0           0           0           0           0           0           0 
  Foreign official                                 91           1          61           5           3          11           3           2           0           1           0           1           3 
  Other                                           274          10         166           0           1          79           0           0          16           0           1           0           0 
Deferred availability cash items                4,848         341          67         697         427         574         545         283         106         291         454         326         738 
Other liabilities and accrued                                                 
  dividends (2)                                 5,697         265       1,861         269         278         604         521         510         217         149         193         278         552 
                                                                    
    Total liabilities                         849,612      38,005     309,382      34,163      32,192      68,374      83,782      72,927      27,636      17,312      28,900      40,432      96,507 
                                                                    
Capital                                                             
Capital paid in                                15,953         395       4,218       1,810       1,089       4,110       1,277         861         168         316         179         264       1,266 
Surplus                                        15,282         396       3,738       1,755       1,087       4,094       1,276         859         166         276         176         212       1,247 
Other capital                                   1,214          35         566           0          43         166          79          85          28          33          30          32         117 
     Total liabilities and capital            882,062      38,832     317,904      37,728      34,411      76,744      86,414      74,732      27,998      17,937      29,285      40,941      99,137 
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
Feb 28, 2007
Federal Reserve notes outstanding          963,357  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   192,400  
      Federal Reserve Notes to be         
         collateralized                    770,958  
Collateral held against Federal Reserve             
   notes                                   770,958  
   Gold certificate account                 11,037  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           757,721  
   Other assets pledged                          0  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      826,043  
   Less:face value of securities under    
         reverse repurchase agreements      39,718  
      U.S. Treasury and agency securities  
             eligible to be pledged        786,326  
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.

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