| Period | Factors supplying reserve funds | Factors absorbing reserve funds | Reserve balances with Federal Reserve Banks 6 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Federal Reserve Bank credit outstanding | Gold stock | Special drawing rights certificate account | Treasury currency outstanding 3 | Currency in circulation | Reverse repurchase agreements 4 | Treasury cash holdings 5 | Deposits with Federal Reserve Banks, other than reserve balances | Required clearing balances | Other Federal Reserve liabilities and capital | |||||||||
| Securities held outright 1 | Repurchase agreements 2 | Loans | Float | Other Federal Reserve assets | Total | Treasury | Foreign | Other | ||||||||||
| 1984 | 167,612 | 2,015 | 3,577 | 833 | 12,347 | 186,384 | 11,096 | 4,618 | 16,418 | 183,796 | 0 | 513 | 5,316 | 253 | 867 | 1,126 | 5,952 | 20,693 |
| 1985 | 186,025 | 5,223 | 3,060 | 988 | 15,302 | 210,598 | 11,090 | 4,718 | 17,075 | 197,488 | 0 | 550 | 9,351 | 480 | 1,041 | 1,490 | 5,940 | 27,141 |
| 1986 | 205,454 | 16,005 | 1,565 | 1,261 | 17,475 | 241,760 | 11,084 | 5,018 | 17,567 | 211,995 | 0 | 447 | 7,588 | 287 | 917 | 1,812 | 6,088 | 46,295 |
| 1987 | 226,459 | 4,961 | 3,815 | 811 | 15,837 | 251,883 | 11,078 | 5,018 | 18,177 | 230,205 | 0 | 454 | 5,313 | 244 | 1,027 | 1,687 | 7,129 | 40,097 |
| 1988 | 240,628 | 6,861 | 2,170 | 1,286 | 18,803 | 269,748 | 11,060 | 5,018 | 18,799 | 247,649 | 0 | 395 | 8,656 | 347 | 548 | 1,605 | 7,683 | 37,742 |
| 1989 | 233,300 | 2,117 | 481 | 1,093 | 39,631 | 276,622 | 11,059 | 8,518 | 19,628 | 260,456 | 0 | 450 | 6,217 | 589 | 1,298 | 1,618 | 8,486 | 36,713 |
| 1990 | 241,431 | 18,354 | 190 | 2,566 | 39,880 | 302,421 | 11,058 | 10,018 | 20,402 | 286,963 | 0 | 561 | 8,960 | 369 | 242 | 1,960 | 8,147 | 36,698 |
| 1991 | 272,531 | 15,898 | 218 | 1,026 | 34,524 | 324,197 | 11,059 | 10,018 | 21,014 | 307,756 | 0 | 636 | 17,697 | 968 | 1,706 | 3,946 | 8,113 | 25,467 |
| 1992 | 300,423 | 8,094 | 675 | 3,350 | 30,278 | 342,820 | 11,056 | 8,018 | 21,447 | 334,701 | 0 | 508 | 7,492 | 206 | 372 | 5,897 | 7,984 | 26,182 |
| 1993 | 336,654 | 13,212 | 94 | 963 | 33,394 | 384,317 | 11,053 | 8,018 | 22,095 | 365,271 | 0 | 377 | 14,809 | 386 | 397 | 6,332 | 9,292 | 28,619 |
| 1994 | 368,156 | 10,590 | 223 | 740 | 33,441 | 413,150 | 11,051 | 8,018 | 22,994 | 403,843 | 0 | 335 | 7,161 | 250 | 876 | 4,196 | 11,959 | 26,593 |
| 1995 | 380,831 | 13,862 | 135 | 231 | 33,483 | 428,543 | 11,050 | 10,168 | 24,003 | 424,244 | 0 | 270 | 5,979 | 386 | 932 | 5,167 | 12,342 | 24,444 |
| 1996 | 393,132 | 21,583 | 85 | 5,297 | 32,222 | 452,319 | 11,048 | 9,718 | 24,966 | 450,648 | 0 | 249 | 7,742 | 167 | 892 | 6,601 | 13,829 | 17,923 |
| 1997 | 431,420 | 23,840 | 2,035 | 561 | 32,044 | 489,901 | 11,047 | 9,200 | 25,543 | 482,327 | 0 | 225 | 5,444 | 457 | 900 | 6,679 | 15,500 | 24,159 |
| 1998 | 452,478 | 30,376 | 17 | 1,009 | 37,692 | 521,573 | 11,046 | 9,200 | 26,270 | 517,484 | 0 | 85 | 6,086 | 167 | 1,605 | 6,781 | 16,354 | 19,525 |
| 1999 | 478,144 | 140,640 | 233 | 407 | 34,799 | 654,223 | 11,048 | 6,200 | 28,013 | 628,359 | 0 | 109 | 28,402 | 71 | 1,261 | 7,482 | 17,256 | 16,545 |
| 2000 | 511,833 | 43,375 | 110 | 795 | 36,896 | 593,009 | 11,046 | 2,200 | 31,643 | 593,694 | 0 | 450 | 5,149 | 216 | 1,382 | 6,332 | 17,962 | 12,713 |
| 2001 | 551,685 | 50,250 | 34 | 698 | 36,885 | 639,552 | 11,045 | 2,200 | 33,017 | 643,301 | 0 | 425 | 6,645 | 61 | 820 | 8,525 | 17,083 | 8,953 |
| 2002 | 629,416 | 39,500 | 40 | 832 | 38,574 | 708,363 | 11,043 | 2,200 | 34,597 | 687,518 | 21,091 | 367 | 4,420 | 136 | 1,152 | 10,533 | 18,977 | 12,008 |
| 2003 | 666,665 | 43,750 | 62 | 211 | 40,214 | 750,901 | 11,043 | 2,200 | 35,475 | 724,194 | 25,652 | 321 | 5,723 | 162 | 717 | 11,828 | 19,793 | 11,230 |
| 2004 | 717,819 | 33,000 | 43 | 927 | 42,161 | 793,950 | 11,045 | 2,200 | 36,434 | 754,877 | 30,783 | 270 | 5,912 | 80 | 1,285 | 9,963 | 26,378 | 14,080 |
| 2005 | 744,215 | 46,750 | 72 | 891 | 39,319 | 831,247 | 11,043 | 2,200 | 36,610 | 794,084 | 30,505 | 202 | 4,573 | 83 | 2,144 | 8,652 | 30,466 | 10,391 |
| 2005 | ||||||||||||||||||
| Jan. | 717,869 | 28,750 | 71 | 1,277 | 42,094 | 790,061 | 11,042 | 2,200 | 36,434 | 746,746 | 26,726 | 269 | 4,971 | 121 | 313 | 8,944 | 26,932 | 24,715 |
| Feb. | 717,492 | 33,750 | 114 | 3 | 39,547 | 790,906 | 11,042 | 2,200 | 36,546 | 751,631 | 25,026 | 263 | 4,673 | 86 | 282 | 8,670 | 27,776 | 22,286 |
| Mar. | 717,326 | 31,000 | 52 | -1,025 | 40,327 | 787,680 | 11,041 | 2,200 | 36,545 | 754,637 | 24,106 | 284 | 5,219 | 139 | 235 | 9,514 | 27,862 | 15,470 |
| Apr. | 719,350 | 27,500 | 105 | -1,160 | 41,882 | 787,676 | 11,041 | 2,200 | 36,545 | 752,786 | 26,544 | 258 | 3,585 | 126 | 318 | 9,025 | 28,846 | 15,975 |
| May | 724,471 | 34,750 | 160 | -950 | 38,704 | 797,135 | 11,042 | 2,200 | 36,545 | 761,384 | 25,386 | 275 | 5,538 | 105 | 274 | 8,851 | 29,255 | 15,854 |
| June | 724,722 | 34,500 | 235 | -936 | 39,685 | 798,206 | 11,041 | 2,200 | 36,615 | 764,713 | 26,183 | 237 | 4,373 | 103 | 250 | 8,278 | 29,095 | 14,830 |
| July | 724,699 | 35,500 | 273 | -1,205 | 40,781 | 800,048 | 11,041 | 2,200 | 36,429 | 762,035 | 27,480 | 252 | 5,064 | 83 | 297 | 8,674 | 30,326 | 15,508 |
| Aug. | 730,380 | 35,500 | 336 | 741 | 38,292 | 805,248 | 11,041 | 2,200 | 36,429 | 765,723 | 26,487 | 262 | 5,650 | 81 | 265 | 8,717 | 30,748 | 16,985 |
| Sept. | 736,360 | 25,750 | 910 | -312 | 38,974 | 801,682 | 11,041 | 2,200 | 36,429 | 766,482 | 26,920 | 237 | 4,381 | 96 | 295 | 8,864 | 31,015 | 13,063 |
| Oct. | 740,595 | 24,000 | 159 | 345 | 39,909 | 805,008 | 11,041 | 2,200 | 36,429 | 768,130 | 26,180 | 211 | 5,712 | 88 | 315 | 8,781 | 31,820 | 13,440 |
| Nov. | 744,168 | 35,250 | 86 | 886 | 37,351 | 817,741 | 11,041 | 2,200 | 36,540 | 780,223 | 30,055 | 204 | 4,634 | 82 | 255 | 8,754 | 31,865 | 11,450 |
| Dec. | 744,215 | 46,750 | 72 | 891 | 39,319 | 831,247 | 11,043 | 2,200 | 36,610 | 794,084 | 30,505 | 202 | 4,573 | 83 | 2,144 | 8,652 | 30,466 | 10,391 |
Note: Components may not sum to totals because of rounding.
1. Includes U.S. Treasury and federal agency securities. U.S. Treasury securities contain securities lent to dealers and are fully collateralized by other U.S. Treasury securities. Federal agency securities are included at face value.
Return to table
2. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
Return to table
3. Includes currency and coin (other than gold) issued directly by the Treasury. The largest components are fractional and dollar coins. For details see "Currency and Coin in Circulation,"
Treasury Bulletin.
Return to table
4. Cash value of agreements, which are collateralized by U.S. Treasury securities.
Return to table
5. Coin and paper currency held by the Treasury, as well as any gold in excess of the gold certificates issued to the Reserve Bank.
Return to table
6. Excludes required clearing balances and adjustments to compensate for float.
Return to table
r. Revised.
| Period | Factors supplying reserve funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Federal Reserve Bank credit outstanding | Gold stock 6 | Special drawing rights certificate account | Treasury currency outstanding 7 | |||||||
| Securities held outright 1 | Repurchase agreements 2 | Loans | Float 3 | All other 4 | Other Federal Reserve assets 5 | Total | ||||
| 1918 | 239 | 0 | 1,766 | 199 | 294 | 0 | 2,498 | 2,873 | ... | 1,795 |
| 1919 | 300 | 0 | 2,215 | 201 | 575 | 0 | 3,292 | 2,707 | ... | 1,707 |
| 1920 | 287 | 0 | 2,687 | 119 | 262 | 0 | 3,355 | 2,639 | ... | 1,709 |
| 1921 | 234 | 0 | 1,144 | 40 | 146 | 0 | 1,563 | 3,373 | ... | 1,842 |
| 1922 | 436 | 0 | 618 | 78 | 273 | 0 | 1,405 | 3,642 | ... | 1,958 |
| 1923 | 80 | 54 | 723 | 27 | 355 | 0 | 1,238 | 3,957 | ... | 2,009 |
| 1924 | 536 | 4 | 320 | 52 | 390 | 0 | 1,302 | 4,212 | ... | 2,025 |
| 1925 | 367 | 8 | 643 | 63 | 378 | 0 | 1,459 | 4,112 | ... | 1,977 |
| 1926 | 312 | 3 | 637 | 45 | 384 | 0 | 1,381 | 4,205 | ... | 1,991 |
| 1927 | 560 | 57 | 582 | 63 | 393 | 0 | 1,655 | 4,092 | ... | 2,006 |
| 1928 | 197 | 31 | 1,056 | 24 | 500 | 0 | 1,809 | 3,854 | ... | 2,012 |
| 1929 | 488 | 23 | 632 | 34 | 405 | 0 | 1,583 | 3,997 | ... | 2,022 |
| 1930 | 686 | 43 | 251 | 21 | 372 | 0 | 1,373 | 4,306 | ... | 2,027 |
| 1931 | 775 | 42 | 638 | 20 | 378 | 0 | 1,853 | 4,173 | ... | 2,035 |
| 1932 | 1,851 | 4 | 235 | 14 | 41 | 0 | 2,145 | 4,226 | ... | 2,204 |
| 1933 | 2,435 | 2 | 98 | 15 | 137 | 0 | 2,688 | 4,036 | ... | 2,303 |
| 1934 | 2,430 | 0 | 7 | 5 | 21 | 0 | 2,463 | 8,238 | ... | 2,511 |
| 1935 | 2,430 | 1 | 5 | 12 | 38 | 0 | 2,486 | 10,125 | ... | 2,476 |
| 1936 | 2,430 | 0 | 3 | 39 | 28 | 0 | 2,500 | 11,258 | ... | 2,532 |
| 1937 | 2,564 | 0 | 10 | 19 | 19 | 0 | 2,612 | 12,760 | ... | 2,637 |
| 1938 | 2,564 | 0 | 4 | 17 | 16 | 0 | 2,601 | 14,512 | ... | 2,798 |
| 1939 | 2,484 | 0 | 7 | 91 | 11 | 0 | 2,593 | 17,644 | ... | 2,963 |
| 1940 | 2,184 | 0 | 3 | 80 | 8 | 0 | 2,274 | 21,995 | ... | 3,087 |
| 1941 | 2,254 | 0 | 3 | 94 | 10 | 0 | 2,361 | 22,737 | ... | 3,247 |
| 1942 | 6,189 | 0 | 6 | 471 | 14 | 0 | 6,679 | 22,726 | ... | 3,648 |
| 1943 | 11,543 | 0 | 5 | 681 | 10 | 0 | 12,239 | 21,938 | ... | 4,094 |
| 1944 | 18,846 | 0 | 80 | 815 | 4 | 0 | 19,745 | 20,619 | ... | 4,131 |
| 1945 | 24,252 | 0 | 249 | 578 | 2 | 0 | 15,091 | 20,065 | ... | 4,339 |
| 1946 | 23,350 | 0 | 163 | 580 | 1 | 0 | 24,093 | 20,529 | ... | 4,562 |
| 1947 | 22,559 | 0 | 85 | 535 | 1 | 0 | 23,181 | 22,754 | ... | 4,562 |
| 1948 | 23,333 | 0 | 223 | 541 | 1 | 0 | 24,097 | 24,244 | ... | 4,589 |
| 1949 | 18,885 | 0 | 78 | 534 | 2 | 0 | 19,499 | 24,427 | ... | 4,598 |
| 1950 | 20,725 | 53 | 67 | 1,368 | 3 | 0 | 22,216 | 22,706 | ... | 4,636 |
| 1951 | 23,605 | 196 | 19 | 1,184 | 5 | 0 | 25,009 | 22,695 | ... | 4,709 |
| 1952 | 24,034 | 663 | 156 | 967 | 4 | 0 | 25,825 | 23,187 | ... | 4,812 |
| 1953 | 25,318 | 598 | 28 | 935 | 2 | 0 | 26,880 | 22,030 | ... | 4,894 |
| 1954 | 24,888 | 44 | 143 | 808 | 1 | 0 | 25,885 | 21,713 | ... | 4,985 |
| 1955 | 24,391 | 394 | 108 | 1,585 | 29 | 0 | 26,507 | 21,690 | ... | 5,008 |
| 1956 | 24,610 | 305 | 50 | 1,665 | 70 | 0 | 26,699 | 21,949 | ... | 5,066 |
| 1957 | 23,719 | 519 | 55 | 1,424 | 66 | 0 | 25,784 | 22,781 | ... | 5,146 |
| 1958 | 26,252 | 95 | 64 | 1,296 | 49 | 0 | 27,755 | 20,534 | ... | 5,234 |
| 1959 | 26,607 | 41 | 458 | 1,590 | 75 | 0 | 28,771 | 19,456 | ... | 5,311 |
| 1960 | 26,984 | 400 | 33 | 1,847 | 74 | 0 | 29,338 | 17,767 | ... | 5,398 |
| 1961 | 30,478 | 159 | 130 | 2,300 | 51 | 0 | 31,362 | 16,889 | ... | 5,585 |
| 1962 | 28,722 | 342 | 38 | 2,903 | 110 | 0 | 33,871 | 15,978 | ... | 5,567 |
| 1963 | 33,582 | 11 | 63 | 2,600 | 162 | 0 | 36,418 | 15,513 | ... | 5,578 |
| 1964 | 36,506 | 538 | 186 | 2,606 | 94 | 0 | 39,930 | 15,388 | ... | 5,405 |
| 1965 | 40,478 | 290 | 137 | 2,248 | 187 | 0 | 43,340 | 13,733 | ... | 5,575 |
| 1966 | 43,655 | 661 | 173 | 2,495 | 193 | 0 | 47,177 | 13,159 | ... | 6,317 |
| 1967 | 48,980 | 170 | 141 | 2,576 | 164 | 0 | 52,031 | 11,982 | ... | 6,784 |
| 1968 | 52,937 | 0 | 186 | 3,443 | 58 | 0 | 56,624 | 10,367 | ... | 6,795 |
| 1969 | 57,154 | 0 | 183 | 3,440 | 64 | 2,743 | 64,584 | 10,367 | ... | 6,852 |
| 1970 | 62,142 | 0 | 335 | 4,261 | 57 | 1,123 | 67,918 | 10,732 | 400 | 7,147 |
| 1971 | 69,481 | 1,323 | 39 | 4,343 | 261 | 1,068 | 76,515 | 10,132 | 400 | 7,710 |
| 1972 | 71,119 | 111 | 1,981 | 3,974 | 106 | 1,260 | 78,551 | 10,410 | 400 | 8,313 |
| 1973 | 80,395 | 100 | 1,258 | 3,099 | 68 | 1,152 | 86,072 | 11,567 | 400 | 8,716 |
| 1974 | 84,760 | 954 | 299 | 2,001 | 999 | 3,195 | 92,208 | 11,652 | 400 | 9,253 |
| 1975 | 92,789 | 1,335 | 211 | 3,688 | 1,126 | 3,312 | 102,461 | 11,599 | 500 | 10,218 |
| 1976 | 100,062 | 4,031 | 25 | 2,601 | 991 | 3,182 | 110,892 | 11,598 | 1,200 | 10,810 |
| 1977 | 108,922 | 2,352 | 265 | 3,810 | 954 | 2,442 | 118,745 | 11,718 | 1,250 | 11,331 |
| 1978 | 117,374 | 1,217 | ||||||||