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 April 19, 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 Apr 18, 2001 Apr 11, 2001 Apr 19, 2000 Apr 18, 2001 Reserve Bank Credit 581,646 + 3,238 + 21,992 590,759 U.S. government securities (1) Bought outright-system account (2,3) 522,374 + 146 + 14,936 525,195 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 10 0 - 130 10 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 22,220 + 2,973 + 5,596 29,264 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 4 - 1 - 51 11 Seasonal credit 40 + 5 - 63 37 Extended credit 0 0 0 0 Float 636 - 448 + 398 -251 Other F.R. assets 36,362 + 562 + 1,306 36,494 Gold stock 11,046 0 - 2 11,046 Special drawing rights certificate account 2,200 0 - 3,571 2,200 Treasury currency outstanding 32,042 + 14 + 2,774 32,042 Total factors supplying reserve funds 626,934 + 3,252 + 21,192 636,047 Currency in circulation* 588,559 + 786 + 23,523 589,489 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 503 + 17 + 305 512 Deposits,other than reserve balances,with F.R.Banks Treasury 5,491 + 481 - 1,287 6,753 Foreign 79 + 4 - 12 107 Service-related balances and adjustments (5) 6,785 - 111 + 10 6,785 Other 342 - 30 + 68 335 Other F.R. liabilities and capital 17,953 + 363 - 1,316 17,677 Total factors, other than reserve balances, absorbing reserve funds 619,711 + 1,509 + 21,290 621,657 Reserve balances with F.R. Banks (6) 7,222 + 1,742 - 99 14,390 On April 18, 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 $ 713,867 million, a change of $ - 3,476 million for the week. The total includes $ 591,510 million of U.S. government securities and $ 122,357 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 $ 18,553 million (daily average over statement week) and $ 17,053 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 18,553 million (daily average) and $ 17,053 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 418 million (daily average) and $ 1,433 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 7,830 million of inflation-indexed securities valued at the original face amount and $ 652 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 $ 6,483 million and adjustments of $ 302 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 Apr 18, 2001 Apr 11, 2001 Apr 19, 2000 ASSETS Gold certificate account 11,046 0 - 2 Special drawing rights certificate account 2,200 0 - 3,000 Coin 1,137 - 11 + 606 Loans 48 + 9 - 157 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 29,264 + 10,514 + 5,489 Federal agency obligations (2) Bought outright 10 0 - 130 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 182,037 - 363 - 19,215 Notes (3) 246,204 + 1,607 + 25,187 Bonds (4) 96,953 + 52 + 11,193 Total bought outright (5) 525,195 + 1,296 + 17,166 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 525,195 + 1,296 + 17,166 Total loans and securities 554,517 + 11,819 + 22,368 Items in process of collection (1,083) 9,264 - 2,006 + 181 Bank premises 1,490 0 + 100 Other assets (6) 34,932 + 299 + 1,181 TOTAL ASSETS (1,083) 614,587 + 10,103 + 21,435 LIABILITIES Federal Reserve notes 559,095 + 211 + 21,859 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 21,756 + 7,798 - 507 U.S. Treasury--general account 6,753 + 1,625 + 1,081 Foreign--official accounts 107 + 34 - 30 Other (-1) 335 - 11 + 59 Total deposits (-1) 28,951 + 9,446 + 603 Deferred availability cash items (1,084) 8,864 + 481 + 257 Other liabilities and accrued dividends (7) 3,583 - 91 - 1,270 TOTAL LIABILITIES (1,083) 600,492 + 10,046 + 21,448 CAPITAL ACCOUNTS Capital paid in 7,046 + 3 + 299 Surplus 6,332 + 29 - 99 Other capital accounts 716 + 24 - 213 *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 $ 5,614 million of inflation-indexed securities valued at the original face amount and $ 483 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 2,216 million of inflation-indexed securities valued at the original face amount and $ 169 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 17,053 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,433 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, April 18, 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 47 21,132 + 6,000 0 0 25,254 0 16 to 90 days 2 116,128 - 5,771 0 0 4,010 0 91 days to 1 year 0 121,421 - 592 0 0 ------ ------ Over 1 to 5 years 136,354 + 1,602 10 0 ------ ------ Over 5 to 10 years 55,612 + 54 0 0 ------ ------ Over 10 years 74,547 + 2 0 0 ------ ------ Total 48 525,195 + 1,296 10 0 29,264 0 1 Includes $ 7,830 million of inflation-indexed securities valued at the original face amount and $ 652 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 April 18, 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 11,046 546 4,452 454 538 741 871 1,028 343 143 317 477 1,136 Special drawing rights certif. acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234 Coin 1,137 78 83 68 71 163 89 148 68 48 74 106 142 Loans 48 0 0 0 0 0 0 11 5 15 2 0 15 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 29,264 0 29,264 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 182,037 10,937 74,568 7,477 10,657 10,875 12,517 20,617 6,561 568 5,619 3,300 18,340 Notes (3) 246,204 14,792 100,853 10,113 14,414 14,708 16,930 27,885 8,874 768 7,599 4,463 24,805 Bonds (4) 96,953 5,825 39,715 3,982 5,676 5,792 6,667 10,981 3,495 302 2,992 1,758 9,768 Total bought outright(5) 525,195 31,555 215,137 21,572 30,747 31,375 36,114 59,482 18,930 1,639 16,210 9,521 52,912 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 525,195 31,555 215,137 21,572 30,747 31,375 36,114 59,482 18,930 1,639 16,210 9,521 52,912 Total loans and securities 554,517 31,555 244,405 21,573 30,748 31,376 36,115 59,495 18,935 1,654 16,213 9,521 52,928 Items in process of collection 10,347 753 1,324 625 475 795 785 653 498 540 611 501 2,787 Bank premises 1,490 94 168 50 154 131 273 104 36 125 49 138 170 Other assets(5) 34,932 1,820 12,606 1,250 2,070 4,764 2,301 3,309 938 660 948 782 3,484 Interdistrict settlement account 0 + 2,078 - 6,098 - 150 - 1,117 + 8,146 - 1,689 + 872 - 377 + 3,701 - 249 - 768 - 4,349 TOTAL ASSETS 615,670 37,038 257,813 23,953 33,044 46,262 38,911 65,820 20,512 6,901 18,030 10,855 56,531 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 $ 5,614 million of inflation-indexed securities valued at the original face amount and $ 483 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 2,216 million of inflation-indexed securities valued at the original face amount and $ 169 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 17,053 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,433 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 April 18, 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 559,095 32,734 239,350 22,200 30,516 38,339 35,264 61,323 18,876 4,848 16,290 9,223 50,132 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 21,756 2,528 5,975 482 921 3,750 1,348 1,969 843 942 709 543 1,747 U.S. Treasury--general account 6,753 0 6,753 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 107 2 83 1 2 7 2 3 1 1 1 1 3 Other 334 4 132 0 2 180 0 2 1 0 8 1 3 Total deposits 28,950 2,534 12,943 483 925 3,937 1,350 1,974 844 944 718 544 1,754 Deferred credit items 9,947 680 1,084 626 459 741 982 683 327 571 504 633 2,659 Other liabilities and accrued dividends (2) 3,583 224 1,242 161 209 278 289 383 147 72 135 106 339 TOTAL LIABILITIES 601,575 36,172 254,619 23,470 32,108 43,295 37,884 64,362 20,195 6,435 17,647 10,506 54,884 CAPITAL ACCOUNTS Capital paid in 7,046 416 1,450 229 432 1,681 493 697 149 371 183 150 795 Surplus 6,332 358 1,468 228 472 1,286 495 632 138 95 179 188 792 Other capital accounts 716 92 276 26 32 0 38 130 31 0 21 10 60 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 615,670 37,038 257,813 23,953 33,044 46,262 38,911 65,820 20,512 6,901 18,030 10,855 56,531 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 740,208 36,880 296,783 30,643 35,965 52,703 58,382 70,486 22,663 9,310 21,016 31,621 73,756 Less--Held by F.R. Banks 181,113 4,146 57,434 8,443 5,449 14,364 23,118 9,164 3,787 4,462 4,727 22,397 23,624 F.R. notes, net 559,095 32,734 239,350 22,200 30,516 38,339 35,264 61,323 18,876 4,848 16,290 9,223 50,132 Collateral held against F.R. notes Gold certificate account 11,046 Special drawing rights certificate account 2,200 Other eligible assets 0 U.S. govt. and agency securities(3) 545,850 Total collateral 559,095 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.