Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: September 27, 2007
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
                                                                                         September 27, 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           Sep 26, 2007 Sep 19, 2007 Sep 27, 2006 Sep 26, 2007
Federal Reserve Banks

Reserve Bank Credit                                         859,548    +   6,550    +  34,415      876,096
 Securities held outright                                   779,634    -       2    +  10,726      779,633       
    U.S. Treasury (1)                                       779,634    -       2    +  10,726      779,633
       Bills (2)                                            267,019            0    -  10,000      267,019
       Notes and bonds, nominal (2)                         472,142            0    +  10,351      472,142
       Notes and bonds, inflation-indexed (2)                35,753            0    +   9,734       35,753
       Inflation compensation (3)                             4,720    -       3    +     640        4,719
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    39,107    +   8,928    +  22,464       56,000
 Loans to depository institutions                               306    -   2,115    -      78          207
    Primary credit                                               88    -   2,091    +      57            0
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             218    -      23    -     135          207
 Float                                                         -175    -     797    +     488         -586
 Other Federal Reserve assets                                40,676    +     536    +     814       40,843
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,653    +      14    +     584       38,653
       
Total factors supplying reserve funds                       911,442    +   6,564    +  34,999      927,990
                                                                   
Currency in circulation(5)                                  809,870    -      45    +  19,122      812,059
Reverse repurchase agreements (6)                            35,138    -     597    +   6,747       35,312
   Foreign official and international accounts               35,138    -     597    +   6,747       35,312
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          333    -       6    +     175          336
Deposits with F.R.Banks, other than reserve balances         11,745    -     687    +     139       11,921       
  U.S. Treasury, general account                              4,761    -     655    +     481        4,943
  Foreign official                                               97    -       8    +       7           96
  Service-related                                             6,649    -       4    -     318        6,649
     Required clearing balances                               6,649    -       4    -     318        6,649
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         238    -      20    -      31          233
Other liabilities and capital                                41,150    +     253    +   4,938       40,846

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  898,236    -   1,081    +  31,121      900,473

Reserve balances with Federal Reserve Banks                  13,206    +   7,645    +   3,878       27,517
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,995,246    +   7,747    + 333,837    1,997,612
     U.S. Treasury                                        1,214,842    +   3,845    +  95,652    1,213,618
     Federal agency                                         780,404    +   3,902    + 238,185      783,994
  Securities lent to dealers                                  3,319    +   1,142    +   2,209        4,158   


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 Sep 26, 2007     Sep 19, 2007     Sep 27, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,105        +      15        +     247
Securities, repurchase agreements, and loans                   835,840        +  22,096        +  39,058
   Securities held outright                                    779,633        -       2        +  10,718
      U.S. Treasury (1)                                        779,633        -       2        +  10,718       
         Bills (2)                                             267,019                0        -  10,000
         Notes and bonds, nominal (2)                          472,142                0        +  10,351
         Notes and bonds, inflation-indexed (2)                 35,753                0        +   9,734
         Inflation compensation (3)                              4,719        -       3        +     632
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    56,000        +  23,250        +  28,500    
   Loans                                                           207        -   1,152        -     159
Items in process of collection                      (771)        2,607        -     675        -     534
Bank premises                                                    2,090        +       4        +     201
Other assets (5)                                                38,813        +     667        +     744
      Total assets                                  (771)      893,691        +  22,105        +  39,716
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  774,843        +   1,476        +  19,701
Reverse repurchase agreements (6)                               35,312        -     913        +   3,846
Deposits                                              (0)       39,511        +  21,293        +  12,448       
  Depository institutions                                       34,239        +  20,787        +  12,088
  U.S. Treasury, general account                                 4,943        +     488        +     358
  Foreign official                                                  96        -       2        +       5
  Other                                               (0)          233        +      20        -       3
Deferred availability cash items                    (771)        3,180        -     234        -   1,427
Other liabilities and accrued dividends (7)                      6,006        -      27        +     492
      Total liabilities                             (771)      858,851        +  21,594        +  35,059
                          
Capital Accounts
Capital paid in                                                 17,147        +     179        +   2,080
Surplus                                                         15,425                0        +   2,524
Other capital accounts                                           2,268        +     332        +      54
      Total capital                                             34,840        +     511        +   4,658


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, September 26, 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             201       52,162   +   1,323            0           0       56,000       35,312
16 days to 90 days           6      157,593   +      66            0           0            0            0
91 days to 1 year            0      172,365   -   1,388            0           0     ------      ------
Over 1 to 5 years     ------        235,828           0            0           0     ------      ------
Over 5 to 10 years    ------         75,488   -       1            0           0     ------      ------
Over 10 years         ------         86,198   -       1            0           0     ------      ------
                   		 	
All                        207      779,633   -       2            0           0       56,000      35,312

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 September 26, 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                                           1,105         32         61         77        102        117        156        124         50         40         80        118        149
Securities, repurchase agreements,
      and loans                              835,840     38,511    302,580     36,978     34,197     72,401     77,503     70,123     26,760     16,737     27,090     36,722     96,237
   Securities held outright                  779,633     35,930    282,303     34,491     31,905     67,549     72,309     65,393     24,918     15,555     25,237     34,254     89,787
      U.S. Treasury (1)                      779,633     35,930    282,303     34,491     31,905     67,549     72,309     65,393     24,918     15,555     25,237     34,254     89,787
         Bills (2)                           267,019     12,306     96,687     11,813     10,927     23,135     24,765     22,397      8,534      5,328      8,644     11,732     30,752
         Notes and bonds(3)                  512,614     23,624    185,616     22,678     20,978     44,414     47,544     42,996     16,384     10,228     16,594     22,523     59,036
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                56,000      2,581     20,277      2,477      2,292      4,852      5,194      4,697      1,790      1,117      1,813      2,460      6,449
      Loans                                      207          0          0          9          0          0          0         33         52         64         40          8          0
Items in process of collection                 3,378        130         66        286        311        297        467        259        157        221        255        316        613
Bank premises                                  2,090        119        217         57        154        177        230        206        104        114        244        260        207
Other assets(5)                               38,813      1,291     12,007      3,299      2,245      7,337      3,301      2,519        767        727        766      1,006      3,545
Interdistrict settlement account                   0    - 5,069    +16,319    - 1,562    - 2,097    + 2,489    + 1,929    - 1,574    -   956    -   610    +   211    - 3,669    - 5,412
          Total Assets                       894,462     35,578    336,179     39,674     35,444     83,835     84,869     72,773     27,279     17,462     29,047     35,464     96,859

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 September 26, 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             999,845     37,040    362,857     40,836     38,175     81,589    111,440     79,925     29,191     17,190     30,175     57,720    113,707
  Less: notes held by F.R. Banks              225,002      6,034     72,223      8,153      8,979     15,281     34,788     14,939      4,130      3,206      3,878     25,877     27,514
    Federal Reserve notes, net                774,843     31,006    290,634     32,682     29,195     66,308     76,652     64,986     25,061     13,984     26,297     31,843     86,193
Reverse repurchase agreements (1)              35,312      1,627     12,786      1,562      1,445      3,059      3,275      2,962      1,129        705      1,143      1,551      4,067
Deposits                                       39,511      1,087     21,973        916      1,806      3,828      1,409      2,152        296      1,630        710        959      2,744
  Depository institutions                      34,239      1,081     16,797        911      1,801      3,762      1,406      2,149        295      1,630        709        958      2,740
  U.S. Treasury, general account                4,943          0      4,943          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 96          1         66          5          3         11          3          2          0          1          0          1          3
  Other                                           233          5        168          0          2         55          0          0          1          0          1          0          0
Deferred availability cash items                3,951        219         97        556        503        347        390        313        191        264        285        221        566
Other liabilities and accrued                 
  dividends (2)                                 6,006        269      1,809        283        275        871        562        483        225        156        208        282        582
   
    Total liabilities                         859,622     34,208    327,299     36,000     33,225     74,414     82,288     70,896     26,901     16,739     28,644     34,857     94,151
                              
Capital                    
Capital paid in                                17,147        847      4,289      1,810      1,089      4,661      1,229        905        179        353        190        289      1,307
Surplus                                        15,425        396      3,816      1,811      1,087      4,098      1,277        860        167        276        176        214      1,248
Other capital                                   2,268        127        776         53         43        662         75        111         32         94         37        105        153
     Total liabilities and capital            894,462     35,578    336,179     39,674     35,444     83,835     84,869     72,773     27,279     17,462     29,047     35,464     96,859
                              

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
                                          Sep 26, 2007
              
Federal Reserve notes outstanding             999,845
   Less: Notes held by F.R. Banks
         not subject to collateralization     225,002
      Federal Reserve Notes to be
         collateralized                       774,843 
Collateral held against Federal Reserve            
   notes                                      774,843
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              761,606
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         835,633
   Less:face value of securities under
         reverse repurchase agreements         35,351
      U.S. Treasury and agency securities
             eligible to be pledged           800,282
   

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