Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  December 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
December 27, 2007
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
Dec 26, 2007
Week ended
Dec 26, 2007
Change from week ended
Dec 19, 2007 Dec 27, 2006
                                                              
Reserve Bank Credit                                         873,512     +   2,582     +  21,265       877,148 
 Securities held outright                                   754,605     -  15,143     -  24,346       754,612 
    U.S. Treasury (1)                                       754,605     -  15,143     -  24,346       754,612 
       Bills (2)                                            241,856     -  15,163     -  35,163       241,856 
       Notes and bonds, nominal (2)                         470,984             0     +   3,120       470,984 
       Notes and bonds, inflation-indexed (2)                36,911             0     +   6,806        36,911 
       Inflation compensation (3)                             4,855     +      21     +     891         4,862 
    Federal agency (2)                                            0             0             0             0 
 Repurchase agreements(4)                                    39,536     -  16,214     +   6,500        42,500 
 Term auction credit                                         20,000     +  20,000     +  20,000        20,000 
 Other loans                                                  4,828     +     209     +   4,679         4,535 
    Primary credit                                            4,802     +     216     +   4,738         4,513 
    Secondary credit                                              0             0             0             0 
    Seasonal credit                                              26     -       6     -      59            22 
 Float                                                        -902    -     533    -   1,777         -336 
 Other Federal Reserve assets                                55,445     +  14,262     +  16,209        55,837 
Gold stock                                                   11,041             0             0        11,041 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            38,807     +      14     +     609        38,807 
                                                              
Total factors supplying reserve funds                       925,560     +   2,596     +  21,873       929,196 
                                                                          
Currency in circulation(5)                                  825,624     +   6,053     +   8,800       829,193 
Reverse repurchase agreements (6)                            39,120     +   2,031     +   8,611        40,542 
   Foreign official and international accounts               39,120     +   2,031     +   8,611        40,542 
   Dealers                                                        0             0             0             0 
Treasury cash holdings                                          246     -       1     +      16           246 
Deposits with F.R.Banks, other than reserve balances         11,906     -   2,569     -     529        11,535 
  U.S. Treasury, general account                              4,910     -   2,590     -     330         4,529 
  Foreign official                                               97     -       7     +       5            97 
  Service-related                                             6,615     +      17     -     222         6,615 
     Required clearing balances                               6,615     +      74     -     222         6,615 
     Adjustments to compensate for float                          0     -      57             0             0 
  Other                                                         283     +      11     +      17           293 
Other liabilities and capital                                42,799     -      10     +   5,975        42,900 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  919,694     +   5,504     +  22,872       924,415 
                                                              
Reserve balances with Federal Reserve Banks                   5,865     -   2,910     -   1,000         4,781 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)         2,056,411     +   8,516     + 304,309     2,062,315 
     U.S. Treasury                                        1,226,184     +   1,551     +  70,299     1,230,621 
     Federal agency                                         830,227     +   6,965     + 234,010       831,694 
  Securities lent to dealers                                 14,130     +   3,378     +  10,805        17,462 
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
Dec 26, 2007
Wednesday
Dec 19, 2007
Wednesday
Dec 27, 2006
Assets                                                    
Gold certificate account                                         11,037                 0                 0 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                              1,173         -      25         +     373 
Securities, repurchase agreements, term auction           
      credit, and other loans                                   821,647         -  10,624         +   6,221 
   Securities held outright                                     754,612         -  15,143         -  24,326 
      U.S. Treasury (1)                                         754,612         -  15,143         -  24,326 
         Bills (2)                                              241,856         -  15,163         -  35,163 
         Notes and bonds, nominal (2)                           470,984                 0         +   3,120 
         Notes and bonds, inflation-indexed (2)                  36,911                 0         +   6,806 
         Inflation compensation (3)                               4,862         +      20         +     911 
      Federal agency (2)                                              0                 0                 0 
   Repurchase agreements (4)                                     42,500         -  15,250         +   6,500 
   Term auction credit                                           20,000         +  20,000         +  20,000 
   Other loans                                                    4,535         -     230         +   4,047 
Items in process of collection                      (496)         1,881         -   1,504         -   3,256 
Bank premises                                                     2,128         +       4         +     184 
Other assets (5)                                                 53,752         +  14,691         +  16,403 
      Total assets                                  (496)       893,818         +   2,542         +  19,924 
                                                          
Liabilities                                               
Federal Reserve notes, net of FR Bank holdings                  791,801         +   6,016         +   9,068 
Reverse repurchase agreements (6)                                40,542         +   4,112         +   8,416 
Deposits                                              (0)        16,358         -   6,244         -   1,233 
  Depository institutions                                        11,439         -   6,222         -   1,333 
  U.S. Treasury, general account                                  4,529         -      57         +      59 
  Foreign official                                                   97         +       1         +       5 
  Other                                               (0)           293         +      33         +      35 
Deferred availability cash items                    (496)         2,216         -   1,839         -   2,511 
Other liabilities and accrued dividends (7)                       5,789         -      71         -     198 
      Total liabilities                             (496)       856,706         +   1,973         +  13,543 
                                                          
Capital Accounts                                          
Capital paid in                                                  18,353         +     136         +   3,025 
Surplus                                                          15,462         +       2         +   4,908 
Other capital accounts                                            3,297         +     430         -   1,551 
      Total capital                                              37,112         +     569         +   6,381 
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 Term Auction Credit, Other Loans and Securities, December 26, 2007
Millions of dollars
  U.S. Treasury
securities (1)
 

Remaining maturity
Term auction
credit
Other
loans

Holdings
Weekly
changes

Repurchase
agreements(2)
Reverse
repurchase
agreements(2)
Within 15 days                0         4,535        46,058     -   2,756        42,500        40,542  
16 days to 90 days       20,000             0       146,785     -   7,069             0             0  
91 days to 1 year      ------               0       157,614     -   5,337      ------       ------     
Over 1 to 5 years      ------        ------         233,402     +       8      ------       ------     
Over 5 to 10 years     ------        ------          81,945     +       3      ------       ------     
Over 10 years          ------        ------          88,809     +       8      ------       ------     
          
All                      20,000         4,535       754,612     -  15,143        42,500        40,542  
 
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.
 

 

 

4. Statement of Condition of Each Federal Reserve Bank on December 26, 2007
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                      11,037         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                                           1,173          35          54          88         111         137         151         134          50          45          72         131         166 
Securities, repurchase agreements, term                            
      auction credit, and other loans        821,647      36,736     309,622      35,265      32,620      69,088      73,930      67,345      26,476      15,907      25,819      36,424      92,413 
   Securities held outright                  754,612      34,777     273,243      33,384      30,881      65,381      69,989      63,294      24,118      15,056      24,427      33,155      86,906 
      U.S. Treasury (1)                      754,612      34,777     273,243      33,384      30,881      65,381      69,989      63,294      24,118      15,056      24,427      33,155      86,906 
         Bills (2)                           241,856      11,146      87,575      10,700       9,898      20,955      22,432      20,286       7,730       4,826       7,829      10,626      27,854 
         Notes and bonds(3)                  512,756      23,631     185,668      22,685      20,984      44,426      47,557      43,008      16,388      10,231      16,598      22,529      59,052 
         Federal agency (2)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
      Repurchase agreements(4)                42,500       1,959      15,389       1,880       1,739       3,682       3,942       3,565       1,358         848       1,376       1,867       4,895 
      Term auction credit                     20,000           0      16,490           0           0          25           0         475       1,000          0           0       1,400         610  
      Other loans                              4,535           0       4,500           0           0           0           0          11           0           3          16           2           3 
Items in process of collection                 2,376          97         141         209         454         120         -91         258          18         236         295         122         517 
Bank premises                                  2,128         119         215          64         154         181         230         205         112         113         264         257         214 
Other assets(5)                               53,752       1,677      15,679       5,073       3,299      11,298       4,537       3,354         919         994         945       1,217       4,761 
Interdistrict settlement account                   0     - 1,183     -15,149     -   396     +   661     + 2,193     + 1,398     + 7,650     + 3,750     + 1,127     + 5,100     - 2,435     - 2,716 
          Total Assets                       894,314      38,044     315,490      40,840      37,831      84,034      81,438      80,061      31,722      18,655      32,896      36,427      96,875 
 
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 December 26, 2007
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           1,011,737      39,299     356,567      42,075      39,654      81,385     108,549      87,047      33,320      19,415      33,703      57,582     113,141 
  Less: notes held by F.R. Banks              219,937       5,889      74,454       7,796       7,294      13,936      35,900      13,736       3,854       2,877       3,270      24,747      26,185 
    Federal Reserve notes, net                791,801      33,409     282,113      34,279      32,360      67,449      72,650      73,311      29,466      16,538      30,433      32,835      86,956 
Reverse repurchase agreements (1)              40,542       1,868      14,680       1,794       1,659       3,513       3,760       3,401       1,296         809       1,312       1,781       4,669 
Deposits                                       16,358         425       7,559         452         683       1,789       1,311         863         354         233         415         663       1,611 
  Depository institutions                      11,439         419       2,747         447         677       1,724       1,308         860         343         233         413         662       1,607 
  U.S. Treasury, general account                4,529           0       4,529           0           0           0           0           0           0           0           0           0           0 
  Foreign official                                 97           1          66           5           3          11           3           2           0           1           0           1           3 
  Other                                           293           6         216           0           3          54           0           0          11           0           2           0           0 
Deferred availability cash items                2,712         126          98         374         382         305         258         307          25         199         147         135         354 
Other liabilities and accrued                                                 
  dividends (2)                                 5,789         254       1,692         278         271         976         556         443         200         152         183         259         525 
                                                                    
    Total liabilities                         857,202      36,083     306,142      37,178      35,354      74,031      78,536      78,324      31,342      17,932      32,491      35,674      94,115 
                                                                    
Capital                                                             
Capital paid in                                18,353       1,049       4,538       1,813       1,291       4,996       1,420         819         180         354         190         362       1,339 
Surplus                                        15,462         396       3,845       1,812       1,088       4,099       1,279         861         167         276         176         215       1,248 
Other capital                                   3,297         516         965          38          98         907         203          57          33          92          38         176         173 
     Total liabilities and capital            894,314      38,044     315,490      40,840      37,831      84,034      81,438      80,061      31,722      18,655      32,896      36,427      96,875 
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
Dec 26, 2007
Federal Reserve notes outstanding        1,011,737  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   219,937  
      Federal Reserve notes to be         
         collateralized                    791,801  
Collateral held against Federal Reserve             
   notes                                   791,801  
   Gold certificate account                 11,037  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           756,516  
   Other assets pledged                     22,048  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      797,112  
   Less:face value of securities under    
         reverse repurchase agreements      40,596  
      U.S. Treasury and agency securities  
             eligible to be pledged        756,516  
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