Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: December 12, 2002
Release dates
Current release  Other formats: Screen reader | ASCII | PDF (21 KB)

FEDERAL RESERVE
These data are scheduled for release each Thursday.

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                          December 12, 2002
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     Dec 11, 2002  Dec 4, 2002 Dec 12, 2001 Dec 11, 2002

Reserve Bank Credit                                         670,752    -   1,875    +  51,008      679,725
  U.S. government securities (1)                                                   
    Bought outright-system account (2,3)                    609,905    +     319    +  58,392      608,947
    Held under repurchase agreements                              0            0            0            0
  Federal agency obligations (1)                                                   
    Bought outright                                              10            0            0           10
    Held under repurchase agreements                              0            0            0            0
  Repurchase agreements -- triparty (4)                      22,000    -   3,857    -   9,500       30,750
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                           164    +     162    +     121        1,076
    Seasonal credit                                              46    -       8    +      12           45
    Extended credit                                               0            0            0            0
   Float                                                      1,478    +   1,206    +   1,095        1,504
   Other F.R. assets                                         37,149    +     303    +     888       37,393
Gold stock                                                   11,043    +       1    -       2       11,043
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding                                34,455    +      14    +   1,466       34,455
        Total factors supplying reserve funds               718,450    -   1,861    +  52,472      727,423
                                                                   
Currency in circulation*                                    674,290    -     224    +  47,417      675,500
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         376    -       1    -      65          372
Deposits,other than reserve balances,with F.R.Banks                                        
  Treasury                                                    4,107    -     557    -     901        5,506
  Foreign                                                       138    +      11    -      16          139
  Service-related balances and adjustments (5)               10,554    -     131    +   1,804       10,554
  Other                                                         208    -      20    -      32          201
Other F.R. liabilities and capital                           19,799    +     228    +   1,914       19,786
        Total factors, other than reserve balances,                                        
        absorbing reserve funds                             709,472    -     694    +  50,121      712,058

Reserve balances with F.R. Banks  (6)                         8,978    -   1,166    +   2,351       15,365
                                                                
On  December 11, 2002, 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 $    839,532 million, a change of $  +   6,256 million for the week. The total includes
$    683,657 million of U.S. government securities and $    155,874 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 $     19,483 million (daily average over statement week) and $     20,445 million (outstanding on 
   Wednesday statement date) matched sale-purchase transactions, of which $     19,198 million (daily average)
   and $     20,445 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $         53 million (daily average) and $          0 million 
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $     12,242 million of inflation-indexed securities valued at the original face amount and 
   $      1,247 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 $     10,282 million and adjustments of $        273 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
                                                           Dec 11, 2002      Dec 4, 2002     Dec 12, 2001
                ASSETS
Gold certificate account                                        11,039                0        -       6
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,032        +       4        -      38
Loans                                                            1,121        +   1,069        +   1,003
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           30,750        +  12,750        -  11,750
Federal agency obligations (2)          
  Bought outright                                                   10                0                0
  Held under repurchase agreements                                   0                0                0
U.S. government securities (2)           
  Bought outright--Bills                                       206,238        -   1,934        +  19,647
                   Notes (3)                                   297,884        +       3        +  34,038
                   Bonds (4)                                   104,825        +       2        +   1,738
    Total bought outright (5)                                  608,947        -   1,929        +  55,423
  Held under repurchase agreements                                   0                0                0
     Total U.S. government securities                          608,947        -   1,929        +  55,423
       Total loans and securities                              640,828        +  11,890        +  44,676
                          
Items in process of collection                    (1,312)       10,116        +     527        +      47
Bank premises                                                    1,532        +       2        +      14
Other assets (6)                                                35,879        +     557        +     943
                TOTAL ASSETS                      (1,312)      702,625        +  12,980        +  45,636
                          
                LIABILITIES
Federal Reserve notes                                          642,444        +     116        +  44,263
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits                     
  Depository institutions                                       26,025        +  10,355        -   1,706
  U.S. Treasury--general account                                 5,506        +   2,002        +     914
  Foreign--official accounts                                       139        -      14        -     155
    Other                                             (0)          201        -       6        -      15
      Total deposits                                  (0)       31,871        +  12,336        -     963
Deferred availability cash items                  (1,312)        8,523        +     194        +     313
Other liabilities and accrued dividends (7)                      2,451        +      26        -     213
                TOTAL LIABILITIES                 (1,312)      685,290        +  12,672        +  43,401
                          
                CAPITAL ACCOUNTS
Capital paid in                                                  8,359        +       6        +     994
Surplus                                                          7,312                0        +     584
Other capital accounts                                           1,664        +     302        +     657

*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 $      7,168 million of inflation-indexed securities valued at the original face amount and 
   $        700 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Includes $      5,074 million of inflation-indexed securities valued at the original face amount and 
   $        547 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
5  Net of $     20,445 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes securities loans of $          0 million that are fully collateralized by other
   U.S. government securities.
6  Includes assets denominated in foreign currencies, revalued daily at market exchange rates.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.
Components may not add to totals due to rounding.


MATURITY DISTRIBUTION OF LOANS AND SECURITIES,  December 11, 2002



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           1,089       19,955   -   1,305            0           0       25,750           0
16 days to 90 days          32      141,835   -     790            0           0        5,000           0
91 days to 1 year            0      140,097   +     161            0           0     ------      ------
Over 1 to 5 years                   173,935   +       1           10           0     ------      ------
Over 5 to 10 years                   53,293   +       3            0           0     ------      ------
Over 10 years                        79,833   +       2            0           0     ------      ------
                   		 	
Total                    1,121      608,947   -   1,929           10           0       30,750           0

1  Includes $     12,242 million of inflation-indexed securities valued at the original face amount and 
   $      1,247 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  December 11, 2002
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS                        
Gold certificate account                      11,039        533      4,364        430        522        819        926      1,080        346        179        309        485      1,046
Special drawing rights certif. acct.           2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,032         47         36         62         47        144        114        132         60         36         70        163        120
                       
Loans                                          1,121        280        625          0          0          0        177          0         14         12         10          3          0
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          30,750          0     30,750          0          0          0          0          0          0          0          0          0          0
Federal agency obligations(2)      
  Bought outright                                 10          1          4          0          1          1          1          1          0          0          0          0          1
  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                     206,238     11,816     81,146      7,930     11,379     16,085     14,685     24,270      7,333      3,224      6,096      4,577     17,694
                   Notes (3)                 297,884     17,067    117,206     11,454     16,436     23,233     21,211     35,055     10,592      4,657      8,805      6,611     25,557
                   Bonds (4)                 104,825      6,006     41,245      4,031      5,784      8,176      7,464     12,336      3,727      1,639      3,099      2,326      8,994
     Total bought outright(5)                608,947     34,889    239,597     23,416     33,599     47,493     43,359     71,661     21,653      9,519     18,000     13,515     52,245
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             608,947     34,889    239,597     23,416     33,599     47,493     43,359     71,661     21,653      9,519     18,000     13,515     52,245
       Total loans and securities            640,828     35,170    270,976     23,416     33,599     47,494     43,537     71,663     21,667      9,531     18,011     13,518     52,246
                       
Items in process of collection                11,427        580        899        810        681        909      1,257        727        396        685        679        658      3,147
Bank premises                                  1,532         91        184         49        152        129        279        116         43        126         50        140        172
Other assets(6)                               35,879      1,866     12,557      1,136      2,425      5,345      2,397      3,682        938        616        934        786      3,197
Interdistrict settlement account                   0    - 6,362    +31,444    - 6,255    - 5,292    - 1,762    - 5,496    -15,185    - 3,250    + 3,791    - 2,370    +13,157    - 2,421
          TOTAL ASSETS                       703,937     32,039    321,334     19,731     32,239     53,225     43,180     62,427     20,271     14,994     17,749     29,004     57,743

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 $      7,168 million of inflation-indexed securities valued at the original face amount and  $        700 million 
   of compensation that adjusts for the effects of inflation on the principal of such  securities.
4  Includes $      5,074 million of inflation-indexed securities valued at the original face amount and  $        547 million 
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     20,445 million matched sale-purchase transactions outstanding at the end of the latest statement week.  
   Includes securities loans of $          0 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  December 11, 2002
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES                         
Federal Reserve notes                         642,444     28,696    301,333     17,888     28,396     44,530     39,556     56,660     18,723     13,107     15,784     27,262     50,507
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      26,025      1,590      8,723        532      1,628      3,424      1,510      3,002        755        569      1,076        743      2,473
  U.S. Treasury--general account                5,506          0      5,506          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                      139          2        115          1          3          7          2          3          1          1          1          1          3
  Other                                           201          4        134          0          1         56          1          0          1          0          1          3          1
    Total deposits                             31,871      1,596     14,478        534      1,632      3,486      1,513      3,006        756        570      1,078        747      2,477
Deferred credit items                           9,835        697        961        695        624        725        864        734        270        585        374        520      2,787
Other liabilities and accrued                 
  dividends (2)                                 2,451        146        746        108        144        267        198        258        106         85         96         93        204
    TOTAL LIABILITIES                         686,602     31,135    317,518     19,225     30,797     49,009     42,131     60,657     19,854     14,346     17,333     28,621     55,975
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 8,359        436      1,801        242        702      2,073        475        851        199        340        201        186        854
Surplus                                         7,312        418      1,504        221        665      1,757        535        793        149        118        191        164        796
Other capital accounts                          1,664         49        511         43         75        386         39        125         68        191         24         33        118
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              703,937     32,039    321,334     19,731     32,239     53,225     43,180     62,427     20,271     14,994     17,749     29,004     57,743
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        762,428     33,531    330,776     25,568     32,992     54,889     58,289     65,606     22,316     15,184     20,169     36,457     66,650
  Less--Held by F.R. Banks                    119,984      4,835     29,442      7,680      4,596     10,359     18,732      8,947      3,593      2,077      4,385      9,195     16,143
  F.R. notes, net                             642,444     28,696    301,333     17,888     28,396     44,530     39,556     56,660     18,723     13,107     15,784     27,262     50,507
Collateral held against F.R. notes            
   Gold certificate account                    11,039
   Special drawing rights                 
     certificate account                        2,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        629,205
     Total collateral                         642,444

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 | PDF (21 KB)

Statistical releases