Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: July 19, 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
                                                                                              July 19, 2007
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Jul 18, 2007 Jul 11, 2007 Jul 19, 2006 Jul 18, 2007
Federal Reserve Banks

Reserve Bank Credit                                         853,857    -     417    +  23,360      858,574
 Securities held outright                                   790,640    +      53    +  24,852      790,660       
    U.S. Treasury (1)                                       790,640    +      53    +  24,852      790,660
       Bills (2)                                            277,019            0    +   1,178      277,019
       Notes and bonds, nominal (2)                         474,672            0    +  12,458      474,672
       Notes and bonds, inflation-indexed (2)                34,459            0    +  10,583       34,459
       Inflation compensation (3)                             4,491    +      54    +     634        4,510
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    22,536    -     357    -   1,750       27,250
 Loans to depository institutions                               360    +     122    +      32          252
    Primary credit                                              145    +     102    +     129           17
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             216    +      21    -      97          234
 Float                                                         -724    -     721    -      98         -571
 Other Federal Reserve assets                                41,044    +     485    +     323       40,983
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,546    +      14    +     538       38,546
       
Total factors supplying reserve funds                       905,644    -     403    +  23,898      910,360
                                                                   
Currency in circulation(5)                                  814,011    -   3,321    +  19,438      814,193
Reverse repurchase agreements (6)                            31,566    -     158    +   2,127       32,507
   Foreign official and international accounts               31,566    -     158    +   2,127       32,507
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          350    +      37    +     188          320
Deposits with F.R.Banks, other than reserve balances         11,043    -     656    -   1,470       11,120       
  U.S. Treasury, general account                              4,174    -     738    -     741        4,100
  Foreign official                                              124    +      29    +      34          293
  Service-related                                             6,432    -       1    -     784        6,432
     Required clearing balances                               6,432    -       1    -     784        6,432
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         312    +      53    +      20          294
Other liabilities and capital                                39,350    -      89    +   4,542       38,852

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  896,321    -   4,186    +  24,826      896,992

Reserve balances with Federal Reserve Banks                   9,323    +   3,784    -     928       13,369
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,996,019    +   7,036    + 362,485    2,003,549
     U.S. Treasury                                        1,251,477    +   6,456    + 139,490    1,258,875
     Federal agency                                         744,543    +     581    + 222,997      744,674
  Securities lent to dealers                                  4,678    +   1,465    +   3,057        6,039   


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
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Jul 18, 2007     Jul 11, 2007     Jul 19, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               981        +      54        +     245
Securities, repurchase agreements, and loans                   818,162        +   6,848        +  24,087
   Securities held outright                                    790,660        +      54        +  25,929
      U.S. Treasury (1)                                        790,660        +      54        +  25,929       
         Bills (2)                                             277,019                0                0
         Notes and bonds, nominal (2)                          474,672                0        +  15,611
         Notes and bonds, inflation-indexed (2)                 34,459                0        +   9,676
         Inflation compensation (3)                              4,510        +      53        +     641
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    27,250        +   6,750        -   1,750    
   Loans                                                           252        +      44        -      91
Items in process of collection                    (1,051)        3,229        -   3,474        -   1,699
Bank premises                                                    2,046                0        +     186
Other assets (5)                                                39,051        +      80        +     441
      Total assets                                (1,051)      876,707        +   3,509        +  23,262
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  776,944        -   2,947        +  19,503
Reverse repurchase agreements (6)                               32,507        +   1,211        +   2,920
Deposits                                              (0)       24,603        +   8,593        -   2,192       
  Depository institutions                                       19,916        +   9,193        -   1,225
  U.S. Treasury, general account                                 4,100        -     814        -   1,172
  Foreign official                                                 293        +     198        +     205
  Other                                               (0)          294        +      17                0
Deferred availability cash items                  (1,051)        3,800        -   3,313        -   1,454
Other liabilities and accrued dividends (7)                      5,678        -      19        +     862
      Total liabilities                           (1,051)      843,532        +   3,525        +  19,639
                          
Capital Accounts
Capital paid in                                                 16,169        +       4        +   1,183
Surplus                                                         15,399                0        +   2,498
Other capital accounts                                           1,607        -      20        -      58
      Total capital                                             33,174        -      17        +   3,622


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,      July 18, 2007
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days             246       60,013   +   6,458            0           0       27,250       32,507
16 days to 90 days           6      172,313   -   7,408            0           0            0            0
91 days to 1 year            0      168,890   +   3,464            0           0     ------      ------
Over 1 to 5 years     ------        237,738   +   2,769            0           0     ------      ------
Over 5 to 10 years    ------         69,332   -   5,251            0           0     ------      ------
Over 10 years         ------         82,374   +      20            0           0     ------      ------
                   		 	
All                        252      790,660   +      54            0           0       27,250      32,507

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      July 18, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        449      4,053        455        428        869      1,117        903        326        203        335        613      1,286
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             981         30         49         63         95         95        133        122         52         38         76        102        127
Securities, repurchase agreements,
      and loans                              818,162     37,694    296,163     36,185     33,472     70,865     75,864     68,660     26,206     16,396     26,500     35,949     94,208
   Securities held outright                  790,660     36,438    286,296     34,979     32,356     68,504     73,332     66,318     25,270     15,775     25,594     34,739     91,057
      U.S. Treasury (1)                      790,660     36,438    286,296     34,979     32,356     68,504     73,332     66,318     25,270     15,775     25,594     34,739     91,057
         Bills (2)                           277,019     12,767    100,308     12,255     11,336     24,001     25,693     23,235      8,854      5,527      8,967     12,171     31,903
         Notes and bonds(3)                  513,641     23,672    185,988     22,724     21,020     44,503     47,639     43,083     16,416     10,248     16,627     22,568     59,154
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                27,250      1,256      9,867      1,206      1,115      2,361      2,527      2,286        871        544        882      1,197      3,138
      Loans                                      252          0          0          0          0          0          5         56         65         77         23         13         13
Items in process of collection                 4,280        248         -4        360        840        313        584        332        111        205        317        232        743
Bank premises                                  2,046        117        215         56        156        173        231        207         94        114        225        260        198
Other assets(5)                               39,051      1,319     12,179      3,256      2,238      7,234      3,318      2,558        786        737        789      1,041      3,598
Interdistrict settlement account                   0    - 3,856    + 3,591    -   140    - 3,375    +   943    + 5,607    +   382    +    25    -   649    +   840    - 1,735    - 1,632
          Total Assets                       877,757     36,116    317,121     40,317     33,956     80,639     87,020     73,375     27,672     17,074     29,147     36,560     98,761

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      July 18, 2007
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             984,343     37,670    350,175     40,962     37,240     80,369    108,560     80,721     29,396     17,236     30,405     57,443    114,166
  Less: notes held by F.R. Banks              207,399      5,212     66,383      7,466      8,772     15,115     29,987     14,129      3,835      2,775      3,733     24,294     25,698
    Federal Reserve notes, net                776,944     32,458    283,792     33,496     28,468     65,254     78,573     66,592     25,561     14,460     26,672     33,149     88,468
Reverse repurchase agreements (1)              32,507      1,498     11,771      1,438      1,330      2,816      3,015      2,727      1,039        649      1,052      1,428      3,744
Deposits                                       24,603        842     10,828        844      1,034      2,896      1,759      1,364        354        845        451        836      2,550
  Depository institutions                      19,916        839      6,290        839      1,030      2,772      1,756      1,361        352        845        450        836      2,547
  U.S. Treasury, general account                4,100          0      4,100          0          0          0          0          0          0          0          0          0          0
  Foreign official                                293          1        263          5          3         11          3          2          0          1          0          1          3
  Other                                           294          1        175          0          1        113          0          1          1          0          1          0          0
Deferred availability cash items                4,851        247        105        621        621        460        552        380        134        310        376        284        763
Other liabilities and accrued                 
  dividends (2)                                 5,678        252      1,758        259        261        752        532        468        214        152        197        274        558
   
    Total liabilities                         844,583     35,297    308,253     36,658     31,713     72,178     84,431     71,531     27,302     16,416     28,749     35,971     96,083
                              
Capital                    
Capital paid in                                16,169        388      4,292      1,809      1,101      4,195      1,238        890        173        322        188        279      1,294
Surplus                                        15,399        396      3,794      1,811      1,087      4,096      1,277        859        166        276        176        213      1,248
Other capital                                   1,607         35        782         39         55        168         74         95         30         60         35         96        136
     Total liabilities and capital            877,757     36,116    317,121     40,317     33,956     80,639     87,020     73,375     27,672     17,074     29,147     36,560     98,761
                              

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
                                          Jul 18, 2007
              
Federal Reserve notes outstanding             984,343
   Less: Notes held by F.R. Banks
         not subject to collateralization     207,399
      Federal Reserve Notes to be
         collateralized                       776,944 
Collateral held against Federal Reserve            
   notes                                      776,944
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              763,708
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         817,910
   Less:face value of securities under
         reverse repurchase agreements         32,553
      U.S. Treasury and agency securities
             eligible to be pledged           785,357
   

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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