Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  January 29, 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 29, 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 28, 2004
Week ended
Jan 28, 2004
Change from week ended
Jan 21, 2004 Jan 29, 2003
                                                              
Reserve Bank Credit                                         728,183     -  10,071     +  37,609       734,460 
 Securities held outright                                   667,029     +     202     +  37,613       667,060 
    U.S. Treasury (1)                                       667,029     +     202     +  37,623       667,060 
       Bills (2)                                            245,231     +     211     +  18,549       245,266 
       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)                             1,630     -       9     +     367         1,626 
    Federal agency (2)                                            0             0     -      10             0 
 Repurchase agreements(4)                                    19,143     -  11,464     -   1,000        23,000 
 Loans to depository institutions                               197     -      26     +     145            25 
    Primary credit                                              184     -      28     +     139            11 
    Secondary credit                                              0             0             0             0 
    Seasonal credit                                              14     +       3     +       7            14 
 Float                                                          525     +     698     -     219         2,925 
 Other Federal Reserve assets                               41,289    +     518    +   1,069       41,451 
Gold stock                                                   11,043             0             0        11,043 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            35,531     +      14     +     934        35,531 
                                                              
Total factors supplying reserve funds                       776,957     -  10,058     +  38,543       783,234 
                                                                          
Currency in circulation(5)                                  709,477     -   1,717     +  34,695       710,631 
Reverse repurchase agreements (6)                            20,225     +     228     +   1,828        20,694 
   Foreign official and international accounts               20,225     +     228     +   1,828        20,694 
   Dealers                                                        0             0             0             0 
Treasury cash holdings                                          345     +      11     -      15           356 
Deposits with F.R.Banks, other than reserve balances         16,678     -   1,928     -   1,356        16,753 
  U.S. Treasury, general account                              5,153     -   2,221     -   2,009         5,247 
  Foreign official                                               82     -       4     -      32            82 
  Service-related                                            11,046     +     314     +     508        11,046 
     Required clearing balances                              10,619     +     435     +     264        10,619 
     Adjustments to compensate for float                        427     -     121     +     244           427 
  Other                                                         396     -      18     +     175           378 
Other liabilities and capital                                20,590     +     470     +     717        20,521 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  767,314     -   2,937     +  35,868       768,954 
                                                              
Reserve balances with Federal Reserve Banks                   9,643     -   7,120     +   2,675        14,280 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)         1,112,516     +   7,414     + 254,689     1,114,004 
     U.S. Treasury                                          884,364     -     604     + 195,651       884,578 
     Federal agency                                         228,152     +   8,018     +  59,038       229,427 
  Securities lent to dealers                                    583     -     610     +     226           783 
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 28, 2004
Wednesday
Jan 21, 2004
Wednesday
Jan 29, 2003
Assets                                               
Gold certificate account                                         11,039                 0                 0 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                                813         +      34         -     298 
Securities, repurchase agreements, and loans                    690,085         -  18,879         +  40,158 
   Securities held outright                                     667,060         +     228         +  37,644 
      U.S. Treasury (1)                                         667,060         +     228         +  37,654 
         Bills (2)                                              245,266         +     238         +  18,584 
         Notes and bonds, nominal (2)                           406,173                 0         +  16,954 
         Notes and bonds, inflation-indexed (2)                    13,994                 0         +   1,752 
         Inflation compensation (3)                               1,626         -      10         +     363 
      Federal agency (2)                                              0                 0         -      10 
   Repurchase agreements (4)                                     23,000         -  19,000         +   2,500 
   Loans                                                             25         -     107         +      14 
Items in process of collection                    (1,562)        10,572         -   2,179         +   1,322 
Bank premises                                                     1,644                 0         +     101 
Other assets (5)                                                 39,809         +     468         +   1,062 
      Total assets                                (1,562)       756,161         -  20,556         +  42,343 
                                                     
Liabilities                                          
Federal Reserve notes net of FR Bank holdings                  676,265         -     360         +  33,661 
Reverse repurchase agreements (6)                                20,694         +     959         +   2,228 
Deposits                                              (0)        31,035         -  17,781         +   5,364 
  Depository institutions                                        25,329         -  15,215         +   7,002 
  U.S. Treasury, general account                                  5,247         -   2,493         -   1,783 
  Foreign official                                                   82         -      34         -      18 
  Other                                               (0)           378         -      38         +     164 
Deferred availability cash items                  (1,562)         7,647         -   3,761         +     144 
Other liabilities and accrued dividends (7)                       2,286         +      44         +      44 
      Total liabilities                           (1,562)       737,927         -  20,898         +  41,441 
                                                     
Capital Accounts                                     
Capital paid in                                                   8,886         +      11         +     487 
Surplus                                                           8,847                 0         +     467 
Other capital accounts                                              502         +     332         -      50 
      Total capital                                              18,235         +     343         +     903 
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 28, 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              25        53,516    -   1,081             0            0        23,000        20,694
16 days to 90 days           0       143,126    +   1,373             0            0             0             0
91 days to 1 year            0       163,330    -      55             0            0      ------       ------   
Over 1 to 5 years     ------         182,295    -       4             0            0      ------       ------   
Over 5 to 10 years    ------          47,661    -       2             0            0      ------       ------   
Over 10 years         ------          77,131    -       4             0            0      ------       ------   
           
All                         25       667,060    +     228             0            0        23,000       20,694 
 
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 28, 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                                             813          27          32          43          38          89          94         111          58          26          46         151          99 
Securities, repurchase agreements,                                 
      and loans                              690,085      32,250     308,390      20,855      31,257      51,299      45,064      67,423      20,987      14,896      17,929      26,142      53,594 
   Securities held outright                  667,060      32,249     285,390      20,855      31,257      51,299      45,064      67,407      20,987      14,890      17,927      26,142      53,594 
      U.S. Treasury (1)                      667,060      32,249     285,390      20,855      31,257      51,299      45,064      67,407      20,987      14,890      17,927      26,142      53,594 
         Bills (2)                           245,266      11,858     104,933       7,668      11,493      18,862      16,569      24,784       7,716       5,475       6,591       9,612      19,706 
         Notes and bonds(3)                  421,794      20,392     180,457      13,187      19,764      32,437      28,495      42,622      13,270       9,415      11,335      16,530      33,889 
         Federal agency (2)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
      Repurchase agreements(4)                23,000           0      23,000           0           0           0           0           0           0           0           0           0           0 
      Loans                                       25           1           0           0           0           0           0          16           0           6           2           0           0 
Items in process of collection                12,134       1,042       1,947       1,239         696         840       1,164         696         483         439         496         510       2,582 
Bank premises                                  1,644          94         189          52         151         145         278         126          49         125          73         183         179 
Other assets(5)                               39,809       1,833      14,277       1,174       2,497       6,189       2,288       3,774       1,071       1,179         839         932       3,756 
Interdistrict settlement account                   0     + 2,235     - 6,213     + 1,809     - 2,908     - 1,177     +   765     - 6,955     - 1,556     -   473     -   261     + 6,646     + 8,087 
          Total Assets                       757,724      38,092     324,201      25,636      32,311      58,340      50,682      66,367      21,494      16,446      19,490      35,168      69,496 
 
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 28, 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             799,230      39,085     324,701      29,420      32,958      60,077      65,430      67,144      23,500      15,711      21,878      40,120      79,206 
  Less: notes held by F.R. Banks              122,965       5,507      28,378       8,960       5,133      10,074      19,785       8,681       4,139       1,642       4,672       7,537      18,457 
    Federal Reserve notes, net                676,265      33,578     296,323      20,460      27,825      50,002      45,645      58,464      19,361      14,069      17,206      32,584      60,749 
Reverse repurchase agreements (1)              20,694       1,000       8,853         647         970       1,591       1,398       2,091         651         462         556         811       1,663 
Deposits                                       31,035       1,632      12,917       2,990       1,512       1,869       1,563       2,981         650         687         907         838       2,490 
  Depository institutions                      25,329       1,616       7,461       2,988       1,509       1,656       1,561       2,978         648         685         905         835       2,486 
  U.S. Treasury, general account                5,247           0       5,247           0           0           0           0           0           0           0           0           0           0 
  Foreign official                                 82           2          59           1           2           7           2           3           1           1           1           0           4 
  Other                                           378          14         151           0           1         205           0           0           1           0           1           3           0 
Deferred availability cash items                9,209         838       1,065         892         411         440         890         698         262         443         405         590       2,277 
Other liabilities and accrued                                                 
  dividends (2)                                 2,286         126         797          91         114         226         177         221         102          82          84         111         154 
                                                                    
    Total liabilities                         739,489      37,174     319,955      25,080      30,832      54,130      49,672      64,455      21,026      15,743      19,157      34,933      67,332 
                                                                    
Capital                                                             
Capital paid in                                 8,886         448       2,032         272         727       2,083         490         932         227         346         160         111       1,057 
Surplus                                         8,847         448       2,031         259         727       2,074         489         924         228         346         162         111       1,048 
Other capital                                     502          21         184          26          25          54          31          56          12          11          10          13          58 
     Total liabilities and capital            757,724      38,092     324,201      25,636      32,311      58,340      50,682      66,367      21,494      16,446      19,490      35,168      69,496 
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 28, 2004
Federal Reserve notes outstanding          799,230  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   122,965  
      Federal Reserve Notes to be         
         collateralized                    676,265  
Collateral held against Federal Reserve             
   notes                                   676,265  
   Gold certificate account                 11,039  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           663,026  
   Other assets pledged                          0  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      690,060  
   Less:face value of securities under    
         reverse repurchase agreements      20,698  
      U.S. Treasury and agency securities  
             eligible to be pledged        669,362  
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