Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page

Release Date: November 18, 1999

Release dates
Current release  Other formats: Screen reader | ASCII

FEDERAL RESERVE
These data are scheduled for release each Thursday.  The exact time of each release will be announced, when
the information is available, on (202) 452-3206.

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of F.R. Banks
                                                                                          November 18, 1999
Millions of dollars
                                                                   Averages of daily figures
      Reserve balances of depository institutions at     Week ended   Change from week ended     Wednesday
 F.R. Banks, Reserve Bank credit, and related items     Nov 17, 1999 Nov 10, 1999 Nov 18, 1998 Nov 17, 1999

Reserve Bank Credit                                         561,724    +   9,482    +  66,513      564,023
  U.S. government securities (1)
    Bought outright-system account (2,3)                    492,677    +     717    +  42,243      493,096
    Held under repurchase agreements                              0            0    -   4,084            0
  Federal agency obligations (1)
    Bought outright                                             181    -       6    -     192          181
    Held under repurchase agreements                              0            0    -   4,215            0
  Repurchase agreements -- triparty (4)                      33,669    +   9,518    +  33,669       35,320
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                           435    +     344    +     363        2,115
    Seasonal credit                                              59    -       5    +      26           64
    Special Liquidity Facility                                    4    -       1    +       4            5
    Extended credit                                               0            0            0            0
   Float                                                        419    -     103    -      47          571
   Other F.R. assets                                         34,280    -     982    -   1,256       32,671
Gold stock                                                   11,049            0    +       7       11,049
Special drawing rights certificate account                    7,200            0    -   2,000        7,200
Treasury currency outstanding                                27,529    +       2    +   1,393       27,527
        Total factors supplying reserve funds               607,501    +   9,484    +  65,912      609,799

Currency in circulation*                                    568,138    +   5,399    +  65,532      571,088
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                          95            0    +       7           97
Deposits,other than reserve balances,with F.R.Banks
  Treasury                                                    4,726    -      88    -      75        5,228
  Foreign                                                       264    +      77    +      86          171
  Service-related balances and adjustments (5)                7,082    -      52    +     309        7,082
  Other                                                         256    +      10    -     154          247
Other F.R. liabilities and capital                           18,369    +      56    +   1,149       18,141
        Total factors, other than reserve balances,
        absorbing reserve funds                             598,929    +   5,401    +  66,853      602,055

Reserve balances with F.R. Banks  (6)                         8,572    +   4,083    -     941        7,745

On  November 17, 1999, the face amount of marketable U.S. government securities held in custody by the
Federal Reserve Banks for foreign official and international accounts was    612,297 million, a change of
 +$  5,500 million for the week.  The total includes the face value of U.S. Treasury strips and other zero
coupon bonds.
1  Face value of the securities.
2  Net of $     15,563 million (daily average over statement week) and $     15,285 million (outstanding on
   Wednesday statement date) matched sale-purchase transactions, of which $     15,563 million (daily average)
   and $     15,285 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $      1,748 million (daily average) and $      1,828 million
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $      5,476 million of inflation-indexed securities valued at the original face amount and
   $        205 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
4  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized
   by U.S. government and federal agency securities.
5  Consists of required clearing balances of $      6,825 million and adjustments of $        257 million to
   compensate for float.
6  Excludes required clearing balances and adjustments to compensate for float.

* Estimated (Treasury's figures).
Components may not add to totals due to rounding.

Note: on  November 17, 1999, option contracts on repurchase agreements were outstanding as follows:
$     88,850 million with exercise dates from December 23, 1999 through December 29, 1999;
$    173,000 million with exercise dates from December 30, 1999 through January 5, 2000; and
$    109,000 million with exercise dates from January 6, 2000 through January 12, 2000.  Further details on these contracts
can be found on the website of the Federal Reserve Bank of New York (http://www.newyorkfed.org/pihome/news/announce).

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS
Millions of Dollars
                                                                                    Change Since
                                                  *          Wednesday        Wednesday        Wednesday
                                                           Nov 17, 1999     Nov 10, 1999     Nov 18, 1998
                ASSETS
Gold certificate account                                        11,049                0        +       8
Special drawing rights certificate account                       7,200                0        -   2,000
Coin                                                               272        -      17        -     132
Loans                                                            2,184        +   2,092        +   2,145
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           35,320        +   7,500        +  35,320
Federal agency obligations (2)
  Bought outright                                                  181                0        -     192
  Held under repurchase agreements                                   0                0        -   4,263
U.S. government securities (2)
  Bought outright--Bills                                       200,414        +     197        +   4,059
                   Notes (3)                                   212,248        +     969        +  25,602
                   Bonds (4)                                    80,434        +       2        +  11,817
    Total bought outright (5)                                  493,096        +   1,168        +  41,479
  Held under repurchase agreements (1)                               0                0        -   3,630
     Total U.S. government securities                          493,096        +   1,168        +  37,849
       Total loans and securities                              530,782        +  10,761        +  70,860

Items in process of collection                      (653)        8,857        +   1,873        +     110
Bank premises                                                    1,347                0        +      52
Other assets (6)                                                31,123        -   2,796        -   1,621
                TOTAL ASSETS                        (653)      590,629        +   9,820        +  67,277

                LIABILITIES
Federal Reserve notes                                          543,930        +   3,905        +  66,145
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits
  Depository institutions                                       14,889        +   4,612        -     802
  U.S. Treasury--general account                                 5,228        +     358        +     508
  Foreign--official accounts                                       171        +      10        -      43
    Other                                             (0)          247        +       5        -     159
      Total deposits                                  (0)       20,536        +   4,985        -     494
Deferred availability cash items                    (653)        8,022        +     731        +     344
Other liabilities and accrued dividends (7)                      4,518        +     175        +      47
                TOTAL LIABILITIES                   (653)      577,006        +   9,797        +  66,041

                CAPITAL ACCOUNTS
Capital paid in                                                  6,378        +       6        +     443
Surplus                                                          5,952                0        +     732
Other capital accounts                                           1,294        +      18        +      62

*Figures in parentheses are the eliminations made in the consolidation process.
1  Cash value of agreements arranged through third-party custodial banks.
2  Face value of the securities.
3  Includes $      3,938 million of inflation-indexed securities valued at the original face amount and
   $        162 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
4  Includes $      1,538 million of inflation-indexed securities valued at the original face amount and
   $         43 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
5  Net of $     15,285 million matched sale-purchase transactions outstanding at the end of the latest
   statement week.  Includes securities loans of $      1,828 million that are fully collateralized by other
   U.S. government securities.
6  Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.
7  Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of
   foreign exchange commitments.
Components may not add to totals due to rounding.


MATURITY DISTRIBUTION OF LOANS AND SECURITIES,  November 17, 1999
Holdings of securities include securitites held under repurchase agreements, which are classified according
to remaining maturity.

Millions of dollars
                                    U.S. government         Federal agency                      Reverse
                     Loans          securities (1,2)        obligations(2)        Repurchase   Repurchase
                                              Weekly                  Weekly      Agreements   Agreements
                                  Holdings    changes      Holdings    changes    Triparty(3)  Triparty(3)
Within 15 days           2,177       11,795   -   6,281            0           0        8,745           0
16 to 90 days                5      104,149   +   1,840           31   +      25       26,575           0
91 days to 1 year            2      140,438   +   4,493           20   -      25     ------      ------
Over 1 to 5 years                   122,120   +   1,894           10           0     ------      ------
Over 5 to 10 years                   50,513   +     297          120           0     ------      ------
Over 10 years                        64,082   -   1,074            0           0     ------      ------
                   		 	
Total                    2,184      493,096   +   1,168          181           0       35,320           0

1  Includes $      5,476 million of inflation-indexed securities valued at the original face amount and
   $        205 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
2  Includes face value of securities held under repurchase agreements classified by the remaining maturity of
   the agreements.
3  Cash value of agreements arranged through third-party custodial banks classified by remaining maturity of
   the agreements.
Components may not add to totals due to rounding.


H.4.1 (b)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON  November 17, 1999
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS
Gold certificate account                      11,049        533      4,436        319        566        834        724        993        337        140        313        575      1,279
Special drawing rights certif. acct.           7,200        357      2,823        217        348        599        523        637        204         90        203        396        803
Coin                                             272          5         13         16         24         41         39         29         12         12         18         27         36

Loans                                          2,184          0      2,075          0          0          3          2         26         41         13         22          1          2
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          35,320          0     35,320          0          0          0          0          0          0          0          0          0          0
Federal agency obligations(2)
  Bought outright                                181          9         72          5         10         14         11         17          6          2          5          9         19
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
U.S. government securities(2)
  Bought outright--Bills                     200,414     10,364     79,814      6,003     11,601     15,077     12,199     18,823      6,592      2,397      6,010      9,986     21,548
                   Notes (3)                 212,248     10,976     84,527      6,357     12,286     15,967     12,919     19,934      6,982      2,538      6,365     10,576     22,820
                   Bonds (4)                  80,434      4,159     32,032      2,409      4,656      6,051      4,896      7,554      2,646        962      2,412      4,008      8,648
     Total bought outright(5)                493,096     25,500    196,373     14,769     28,543     37,096     30,014     46,312     16,220      5,897     14,787     24,570     53,016
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             493,096     25,500    196,373     14,769     28,543     37,096     30,014     46,312     16,220      5,897     14,787     24,570     53,016
       Total loans and securities            530,782     25,509    233,840     14,775     28,553     37,112     30,027     46,355     16,267      5,912     14,814     24,579     53,038

Items in process of collection                 9,510        431      1,319        516        268        763        687        675        333        612        634        568      2,703
Bank premises                                  1,347         93        163         50        156        124        131        107         32        128         51        146        165
Other assets(5)                               31,123      1,397     10,143        886      1,853      4,465      1,972      2,795        770        742        787      1,270      4,042
Interdistrict settlement account                   0    + 5,673    -14,647    + 5,815    +   472    - 6,020    + 7,584    +17,060    + 3,555    - 5,099    + 1,955    -19,697    + 3,348
          TOTAL ASSETS                       591,282     33,998    238,092     22,594     32,241     37,918     41,688     68,652     21,510      2,537     18,775      7,864     65,414

1  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized
   by U.S. government and federal agency securities.
2  Face value of the securities.
3  Includes $      3,938 million of inflation-indexed securities valued at the original face amount and  $        162 million
   of compensation that adjusts for the effects of inflation on the principal of such  securities.
4  Includes $      1,538 million of inflation-indexed securities valued at the original face amount and  $         43 million
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     15,285 million matched sale-purchase transactions outstanding at the end of the latest statement week.
   Includes securities loans of $      1,828 million that are fully collateralized by other U.S. government securities.
6  Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.

Components may not add to totals due to rounding.


H.4.1 (c)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON  November 17, 1999
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES
Federal Reserve notes                         543,930     31,526    223,888     21,139     29,594     32,167     38,057     64,240     19,992        874     17,211      6,133     59,108
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits
  Depository institutions                      14,889      1,168      3,225        507      1,081      1,340      1,264      2,070        744        509        545        636      1,801
  U.S. Treasury--general account                5,228          0      5,228          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                      171          7         55          4         10         30         10         14          3          5          3          6         24
  Other                                           247          0        146          0          9         79          2          1          0          3          3          2          1
    Total deposits                             20,536      1,175      8,654        512      1,100      1,450      1,276      2,085        748        517        552        643      1,825
Deferred credit items                           8,676        448      1,063        359        362        624      1,098        652        268        603        483        391      2,326
Other liabilities and accrued
  dividends (2)                                 4,518        243      1,595        164        269        381        313        430        171         94        164        231        464
    TOTAL LIABILITIES                         577,659     33,392    235,200     22,174     31,325     34,621     40,744     67,406     21,178      2,087     18,410      7,398     63,723

       CAPITAL ACCOUNTS
Capital paid in                                 6,378        289      1,319        202        442      1,632        456        598        158        229        174        213        665
Surplus                                         5,952        267      1,208        177        399      1,238        418        583        121        202        140        227        972
Other capital accounts                          1,294         49        364         41         75        428         69         64         53         18         51         26         55
     TOTAL LIABILITIES AND CAPITAL
        ACCOUNTS                              591,282     33,998    238,092     22,594     32,241     37,918     41,688     68,652     21,510      2,537     18,775      7,864     65,414

FEDERAL RESERVE AGENTS' ACCOUNTS

F.R. notes outstanding                        825,430     42,061    328,987     31,115     39,202     55,115     61,667     80,263     26,639     11,491     24,891     36,989     87,010
  Less--Held by F.R. Banks                    281,501     10,534    105,098      9,976      9,608     22,947     23,610     16,024      6,647     10,618      7,681     30,856     27,902
  F.R. notes, net                             543,930     31,526    223,888     21,139     29,594     32,167     38,057     64,240     19,992        874     17,211      6,133     59,108
Collateral held against F.R. notes
   Gold certificate account                    11,049
   Special drawing rights
     certificate account                        7,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        525,681
     Total collateral                         543,930

1  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized
   by U.S. government and federal agency securities.
2  Includes exchange translation account reflecting the monthly revaluation at market exchange rates of
   foreign exchange commitments.
3  U.S. government and agency securities bought outright or held under repurchase agreement are valued at face amount.
   Includes cash value of repurchase agreements under triparty arrangements and excludes the par value of securities
   pledged under reverse repurchase agreements.

Components may not add to totals due to rounding.

Release dates
Current release  Other formats: Screen reader | ASCII
Home | Statistical releases
Accessibility
To comment on this site, please fill out our feedback form.
Last update: November 18, 1999