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 February 1, 2001 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 Jan 31, 2001 Jan 24, 2001 Feb 2, 2000 Jan 31, 2001 Reserve Bank Credit 573,712 - 3,843 + 15,342 573,200 U.S. government securities (1) Bought outright-system account (2,3) 516,799 - 189 + 16,296 516,018 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 130 0 - 45 130 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 18,986 - 3,443 - 2,157 18,920 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 12 - 67 - 70 5 Seasonal credit 31 + 8 + 7 30 Extended credit 0 0 0 0 Float 686 - 492 - 290 1,547 Other F.R. assets 37,068 + 338 + 1,634 36,550 Gold stock 11,046 0 - 2 11,046 Special drawing rights certificate account 2,200 0 - 4,000 2,200 Treasury currency outstanding 31,513 + 14 + 3,231 31,513 Total factors supplying reserve funds 618,471 - 3,828 + 14,570 617,958 Currency in circulation* 578,111 - 2,128 + 11,294 579,406 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 455 + 10 + 329 477 Deposits,other than reserve balances,with F.R.Banks Treasury 8,903 + 1,825 + 2,772 5,256 Foreign 110 + 25 - 36 199 Service-related balances and adjustments (5) 6,585 - 362 - 643 6,585 Other 277 + 10 + 29 306 Other F.R. liabilities and capital 18,198 - 50 - 146 17,648 Total factors, other than reserve balances, absorbing reserve funds 612,640 - 669 + 13,600 609,878 Reserve balances with F.R. Banks (6) 5,831 - 3,159 + 970 8,081 On January 31, 2001, the face amount of marketable U.S. government and federal agency securities held in custody by the Federal Reserve Banks for foreign official and international accounts was $ 697,628 million, a change of $ + 4,511 million for the week. The total includes $ 590,856 million of U.S. government securities and $ 106,773 million of federal agency securities. 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 $ 17,074 million (daily average over statement week) and $ 17,197 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 17,074 million (daily average) and $ 17,197 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 1,943 million (daily average) and $ 555 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 7,386 million of inflation-indexed securities valued at the original face amount and $ 556 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 $ 6,096 million and adjustments of $ 489 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. Worksheet for H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of Dollars Change Since * Wednesday Wednesday Wednesday Jan 31, 2001 Jan 24, 2001 Feb 2, 2000 ASSETS Gold certificate account 11,046 0 - 2 Special drawing rights certificate account 2,200 0 - 4,000 Coin 1,066 + 38 + 715 Loans 35 + 7 - 92 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 18,920 - 14,080 - 190 Federal agency obligations (2) Bought outright 130 0 - 45 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 182,949 - 1,561 - 15,032 Notes (3) 239,725 - 861 + 20,712 Bonds (4) 93,345 0 + 9,261 Total bought outright (5) 516,018 - 2,423 + 14,940 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 516,018 - 2,423 + 14,940 Total loans and securities 535,103 - 16,495 + 14,613 Items in process of collection (905) 10,023 + 1,208 + 2,267 Bank premises 1,467 + 4 + 102 Other assets (6) 35,167 - 388 + 1,644 TOTAL ASSETS (905) 596,072 - 15,634 + 15,339 LIABILITIES Federal Reserve notes 549,436 - 275 + 10,467 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 15,420 - 13,258 + 4,608 U.S. Treasury--general account 5,256 - 2,101 + 360 Foreign--official accounts 199 + 130 + 56 Other (0) 306 + 44 + 40 Total deposits (0) 21,182 - 15,184 + 5,066 Deferred availability cash items (905) 7,806 + 114 - 39 Other liabilities and accrued dividends (7) 3,960 - 63 - 450 TOTAL LIABILITIES (905) 582,384 - 15,408 + 15,043 CAPITAL ACCOUNTS Capital paid in 7,014 + 3 + 364 Surplus 6,265 - 33 - 60 Other capital accounts 409 - 196 - 8 *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 $ 5,552 million of inflation-indexed securities valued at the original face amount and $ 432 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,834 million of inflation-indexed securities valued at the original face amount and $ 124 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 17,197 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 555 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, January 31, 2001 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 30 20,921 - 1,351 0 0 14,920 0 16 to 90 days 5 112,430 + 1,301 0 0 4,000 0 91 days to 1 year 0 124,617 - 301 0 0 ------ ------ Over 1 to 5 years 130,088 - 2,072 130 0 ------ ------ Over 5 to 10 years 56,750 0 0 0 ------ ------ Over 10 years 71,212 0 0 0 ------ ------ Total 35 516,018 - 2,423 130 0 18,920 0 1 Includes $ 7,386 million of inflation-indexed securities valued at the original face amount and $ 556 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 January 31, 2001 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,046 535 4,428 414 520 750 802 1,064 359 158 340 514 1,162 Special drawing rights certif. acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234 Coin 1,066 59 75 58 73 134 105 130 58 41 74 107 152 Loans 35 4 3 0 0 0 0 16 3 4 3 3 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 18,920 0 18,920 0 0 0 0 0 0 0 0 0 0 Federal agency obligations(2) Bought outright 130 7 50 5 7 8 9 16 5 1 4 4 14 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 182,949 10,503 70,619 7,620 10,238 10,740 12,178 21,883 6,950 770 6,097 5,413 19,939 Notes (3) 239,725 13,762 92,534 9,985 13,415 14,072 15,957 28,675 9,106 1,009 7,989 7,093 26,127 Bonds (4) 93,345 5,359 36,031 3,888 5,224 5,480 6,213 11,165 3,546 393 3,111 2,762 10,174 Total bought outright(5) 516,018 29,624 199,184 21,492 28,877 30,291 34,347 61,723 19,602 2,172 17,196 15,268 56,240 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 516,018 29,624 199,184 21,492 28,877 30,291 34,347 61,723 19,602 2,172 17,196 15,268 56,240 Total loans and securities 535,103 29,635 218,157 21,498 28,884 30,299 34,356 61,755 19,610 2,177 17,203 15,274 56,255 Items in process of collection 10,928 614 1,109 500 491 678 1,147 883 543 1,183 553 441 2,788 Bank premises 1,467 93 167 51 154 127 257 104 35 125 49 138 168 Other assets(5) 35,167 1,682 11,959 1,231 2,069 5,237 2,291 3,407 1,044 684 1,026 1,068 3,470 Interdistrict settlement account 0 + 1,676 +17,352 + 416 + 983 + 1,298 + 1,218 - 3,595 - 1,319 - 893 - 1,534 - 8,045 - 7,557 TOTAL ASSETS 596,977 34,409 254,122 24,251 33,278 38,670 40,342 63,959 20,400 3,504 17,776 9,596 56,671 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 $ 5,552 million of inflation-indexed securities valued at the original face amount and $ 432 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,834 million of inflation-indexed securities valued at the original face amount and $ 124 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 17,197 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 555 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 January 31, 2001 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 549,436 31,788 239,057 22,290 30,376 33,749 36,475 59,838 18,863 1,795 16,195 8,130 50,879 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 15,420 1,002 4,057 677 1,336 1,026 1,608 1,634 808 532 701 615 1,423 U.S. Treasury--general account 5,256 0 5,256 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 199 1 176 1 2 8 2 3 1 1 1 1 3 Other 306 0 147 0 1 129 2 1 8 1 9 1 6 Total deposits 21,182 1,004 9,636 678 1,339 1,163 1,612 1,638 816 534 711 617 1,433 Deferred credit items 8,712 618 942 629 379 616 937 718 264 611 341 317 2,339 Other liabilities and accrued dividends (2) 3,960 239 1,343 181 227 279 306 452 168 65 158 145 398 TOTAL LIABILITIES 583,290 33,649 250,978 23,778 32,322 35,807 39,330 62,646 20,111 3,005 17,405 9,210 55,048 CAPITAL ACCOUNTS Capital paid in 7,014 369 1,468 228 472 1,679 496 633 138 369 179 188 794 Surplus 6,265 358 1,468 228 472 1,184 495 632 138 131 179 188 792 Other capital accounts 409 33 208 17 12 0 20 48 14 0 13 9 36 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 596,977 34,409 254,122 24,251 33,278 38,670 40,342 63,959 20,400 3,504 17,776 9,596 56,671 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 746,920 37,121 299,102 31,442 36,458 50,910 59,890 70,492 22,964 9,461 21,483 31,879 75,720 Less--Held by F.R. Banks 197,484 5,332 60,045 9,152 6,082 17,160 23,414 10,654 4,101 7,666 5,288 23,749 24,841 F.R. notes, net 549,436 31,788 239,057 22,290 30,376 33,749 36,475 59,838 18,863 1,795 16,195 8,130 50,879 Collateral held against F.R. notes Gold certificate account 11,046 Special drawing rights certificate account 2,200 Other eligible assets 1,122 U.S. govt. and agency securities(3) 535,068 Total collateral 549,436 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.