Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page

Release Date:  September 10, 1998

Release dates
Current release  Other formats: Screen reader | ASCII


 

 

 

 
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
September 10, 1998
Millions of dollars
  Averages of daily figures
    Change from week ended  
Reserve balances of depository institutions at
F.R. Banks, Reserve Bank credit, and related items
Week ended
Sep 9, 1998
Sep 2, 1998 Sep 10, 1997 Wednesday
Sep 9, 1998
Reserve Bank Credit  (1,2)                                  486,298     +   2,444     +  33,207       494,453 
  U.S. government securities                                         
    Bought outright-system account (3)                      443,535     +   1,214     +  33,668       443,499 
    Held under repurchase agreements                          6,150     +   1,101     -   3,528        10,965 
  Federal agency obligations                                         
    Bought outright                                             451             0     -     505           451 
    Held under repurchase agreements                          2,959     -     466     +   1,141         4,104 
  Acceptances                                                     0             0             0             0 
  Loans to depository institutions                            
                                                              
    Adjustment credit                                            63     +      50     +       1             4 
    Seasonal credit                                             184     -      50     -     188           182 
    Extended credit                                               0             0             0             0 
   Float                                                        406     -     225     -     148         1,804 
   Other F.R. assets                                         32,549     +     820     +   2,766        33,446 
Gold stock                                                  11,046            0    -       4       11,044 
Special drawing rights certificate account                    9,200             0             0         9,200 
Treasury currency outstanding                                25,990     +      14     +     564        25,990 
        Total factors supplying reserve funds               532,534     +   2,458     +  33,767       540,688 
                                                     
Currency in circulation*                                    492,885     +   4,110     +  32,837       494,669 
Treasury cash holdings*                                          92     -       2     -     167            92 
Deposits,other than reserve balances,with F.R.Banks                                
  Treasury                                                    5,396     -       4     +     684         4,940 
  Foreign                                                       162     -       4     -      12           171 
  Service-related balances and adjustments (4)                6,876     +       5     -     121         6,876 
  Other                                                         358     -       7     +      20           354 
Other F.R. liabilities and capital                           17,251     +     116     +   1,196        16,832 
        Total factors, other than reserve balances,    
        absorbing reserve funds                       
     523,020     +   4,214     +  34,437       523,934 
                                                              
Reserve balances with F.R. Banks  (5)                         9,514     -   1,756     -     670        16,754 
                                                                                  
On September 9, 1998, the face amount of marketable U.S. government securities held in custody by the
Federal Reserve Banks for foreign official and international accounts was 562,649 million, a change of
-$ 4,238 million for the week. The total includes the face value of U.S. Treasury strips and other zero
coupon bonds.
1 Net of $ 16,966 million daily average, matched sale-purchase transactions outstanding during the
latest statement week, of which a net of $ 16,966 million was with foreign official and international
accounts. Includes securities loaned--fully secured by U.S. government securities.
2 Net of $ 17,003 million matched sale-purchase transactions outstanding at the end of the latest
statement week, of which a net of $ 17,003 million was with foreign official and international
accounts. Includes $ 330 million securities loaned--fully secured U.S. government securities.
3 Includes $ 2,850 million of inflation-indexed securities valued at the original face amount and
$ 48 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Consists of required clearing balances of $ 6,696 million and adjustments of $ 180 million to
compensate for float.
5 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
ASSETS * Wednesday
Sep 9, 1998
Wednesday
Sep 2, 1998
Wednesday
Sep 10, 1997
Gold certificate account                                         11,044         -       2         -       6 
Special drawing rights certificate account                        9,200                 0                 0 
Coin                                                                397         -      12         -      90 
                                                
Loans                                                               186         -      35         -     183 
Acceptances                                                           0                 0                 0 
Federal agency obligations                            
  Bought outright                                                   451                 0         -     475 
  Held under repurchase agreements (1)                            4,104         +   1,028         +   1,596 
U.S. government securities                          
  Bought outright--Bills                                        198,696         +   1,522         +   3,669 
                   Notes (2)                                    178,827         +       1         +  19,031 
                   Bonds (3)                                     65,975                 0         +  10,984 
    Total bought outright (4)                                   443,499         +   1,523         +  33,685 
  Held under repurchase agreements (1)                           10,965         +   5,855         -   1,553 
     Total U.S. government securities                           454,464         +   7,378         +  32,131 
       Total loans and securities                               459,204         +   8,370         +  33,070 
     
Items in process of collection                      (498)        10,537         +   2,226         +   3,612 
Bank premises                                                     1,296         +       3         +      31 
Other assets (5)                                                 32,205         +   1,714         +   3,186 
                TOTAL ASSETS                        (498)       523,883         +  12,299         +  39,805 
     
                LIABILITIES                           
Federal Reserve notes                                           469,168         +   3,574         +  33,609 
Deposits                                           
  Depository institutions                                        23,670         +   8,297         +   3,341 
  U.S. Treasury--general account                                  4,940         -     433         -     619 
  Foreign--official accounts                                        171         -      20         +      16 
    Other                                                           354         -       8         +      10 
      Total deposits                                             29,135         +   7,837         +   2,748 
Deferred availability cash items                    (498)         8,748         +   1,046         +   2,444 
Other liabilities and accrued dividends (6)                       4,690         -       8         -     238 
                TOTAL LIABILITIES                   (498)       511,741         +  12,449         +  38,563 
                                                
                CAPITAL ACCOUNTS                     
Capital paid in                                                   5,945         +      81         +     732 
Surplus                                                           5,220                 0         +     725 
Other capital accounts                                              976         -     231         -     215 
 
*Figures in parentheses are the eliminations made in the consolidation process.
1 Does not include U.S. government and federal agency securities resold under matched sale-purchase
transactions to foreign official and international accounts of which $ 0 million was outstanding
at the end of the latest statement week.
2 Includes $ 2,050 million of inflation-indexed securities valued at the original face amount and
$ 42 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
3 Includes $ 800 million of inflation-indexed securities valued at the original face amount and
$ 6 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Net of $ 17,003 million matched sale-purchase transactions outstanding at the end of the latest
statement week. Includes $ 330 million securities loaned--fully secured by U.S. government
securities.
5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes
special investment account at Chicago of $ 161 million in Treasury bills maturing within 90 days.
6 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, September 9, 1998
Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in
accordance with maximum majority of the agreements.
 

Millions of dollars
  U.S. government
securities (1)
Federal agency
obligations
  Loans Acceptances   Holdings Weekly
changes
Holdings Weekly
changes
Within 15 days   46  Within 15 days       20,087  +   6,761   4,152  +   1,028 
16 to 90 days   140  16 to 90 days        93,576  +     526       5          0 
Over 90 days      0  91 days to 1 year   144,055  +      90     120          0 
                        Over 1 to 5 years   101,535          0      93          0 
                        Over 5 to 10 years   41,276          0     185          0 
                        Over 10 years        53,935          0       0          0 
    Total       186      Total           454,464  +   7,378   4,555  +   1,028 
 
1 Includes $ 2,850 million of inflation-indexed securities valued at the original face amount and
$ 48 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
Components may not add to totals due to rounding.
 

 

H.4.1 (b)
 

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON September 9, 1998
Millions of dollars
ASSETS Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Gold certificate account                      11,044         582       4,204         323         643         807         717         998         358         128         289         530       1,465 
Special drawing rights certif. acct.           9,200         530       3,202         282         574         792         602         900         340         123         247         367       1,241 
Coin                                             397          11          23          15          26          37          67          56          21          13          27          51          50 
                                                               
Loans                                            186           0           0           0           0           0           8          30          32          71          29           1          14 
Acceptances                                        0           0           0           0           0           0           0           0           0           0           0           0           0 
Federal agency obligations                                   
  Bought outright                                451          25         167          13          29          35          27          43          16           5          12          20          57 
  Held under repurchase agreements(1)          4,104           0       4,104           0           0           0           0           0           0           0           0           0           0 
U.S. government securities                                         
  Bought outright--Bills                     198,696      10,821      73,645       5,777      12,914      15,652      12,087      19,075       6,982       2,183       5,512       9,034      25,013 
                   Notes (2)                 178,827       9,739      66,281       5,199      11,622      14,087      10,878      17,168       6,284       1,965       4,961       8,131      22,512 
                   Bonds (3)                  65,975       3,593      24,453       1,918       4,288       5,197       4,013       6,334       2,318         725       1,830       3,000       8,305 
     Total bought outright(4)                443,499      24,154     164,378      12,894      28,824      34,936      26,978      42,577      15,585       4,872      12,303      20,165      55,831 
  Held under repurchase agreements(1)         10,965           0      10,965           0           0           0           0           0           0           0           0           0           0 
     Total U.S. govt. securities             454,464      24,154     175,343      12,894      28,824      34,936      26,978      42,577      15,585       4,872      12,303      20,165      55,831 
       Total loans and securities            459,204      24,178     179,614      12,907      28,853      34,972      27,014      42,650      15,633       4,948      12,344      20,187      55,902 
                                                               
Items in process of collection                11,034         752       1,178         343         622         848       1,149         881         400         945         597         545       2,773 
Bank premises                                  1,296          93         159          50         156         126          79         108          31         131          54         149         161 
Other assets(5)                               32,205       1,457      10,709       1,361       1,842       3,706       1,886       2,946         804         786         725       1,427       4,556 
Interdistrict settlement account                   0        -914     +12,891        -513      -3,312        -595        +221      -3,164      -1,307        +342      +1,272      +2,546      -7,469 
          TOTAL ASSETS                       524,381      26,690     211,980      14,769      29,404      40,694      31,736      45,375      16,281       7,416      15,555      25,802      58,678 
 

1 Does not include U.S. government and federal agency securities resold under matched sale-purchase
transactions to foreign official and international accounts, of which $ 0 was outstanding at the
end of the latest statement week.
2 Includes $ 2,050 million of inflation-indexed securities valued at the original face amount and
$ 42 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
3 Includes $ 800 million of inflation-indexed securities valued at the original face amount and
$ 6 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Net of $ 17,003 million matched sale-purchase transactions outstanding at the end of the latest
statement week. Includes $ 330 million securities loaned--fully secured by U.S. government
securities.
5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes
special investment account at Chicago of $ 161 million in Treasury bills maturing within 90 days.
Components may not add to totals due to rounding.
 

 

H.4.1 (c)
 

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON September 9, 1998
Millions of dollars
LIABILITIES Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Federal Reserve notes                        469,168      23,714     196,411      13,149      26,683      34,340      27,376      39,993      14,602       5,472      13,622      22,807      50,999  
Deposits                                                          
  Depository institutions                     23,670       1,625       5,453         663       1,237       2,789       2,140       2,890         838         712         903       1,776       2,645  
  U.S. Treasury--general account               4,940           0       4,940           0           0           0           0           0           0           0           0           0           0  
  Foreign--official accounts                     171           7          57           8           9          22           9          14           3           5           3           7          26  
  Other                                          354           1          98           0           1          77           1         162           0           0          11           1           1  
    Total deposits                            29,135       1,633      10,547         671       1,247       2,888       2,150       3,065         842         718         917       1,784       2,672  
Deferred credit items                          9,246        529         933        280         363        801         941        763         400        742         572        462       2,459  
Other liabilities and accrued             
  dividends (1)                           
    4,690         259       1,594         166         296         385         317         455         185          87         163         222         560  
    TOTAL LIABILITIES                        512,239      26,136     209,486      14,265      28,590      38,414  ;    30,785      44,275      16,029       7,018      15,275      25,275      56,690  
 
       CAPITAL ACCOUNTS                                            
Capital paid in                                5,945         268       1,181         214         398       1,203         471         539         120         199         138         236         980  
Surplus                                        5,220         254       1,055         273         335         818         338         502         122         189         119         271         945  
Other capital accounts                           976          32         258          18          81         259         141          59          10          10          24          20          64  
     TOTAL LIABILITIES AND CAPITAL        
        ACCOUNTS                          
  524,381      26,690     211,980      14,769      29,404      40,694      31,736      45,375      16,281       7,416      15,555      25,802      58,678  
              
FEDERAL RESERVE AGENTS' ACCOUNTS                                              
F.R. notes outstanding                       576,139      27,958     236,013      15,818      30,685      42,055      35,735      49,967      17,404       7,254      16,231      29,330      67,690  
  Less--Held by F.R. Banks                   106,971       4,244      39,601       2,669       4,002       7,716       8,359       9,974       2,802       1,782       2,609       6,523      16,691  
  F.R. notes, net                            469,168      23,714     196,411      13,149      26,683      34,340      27,376      39,993      14,602       5,472      13,622      22,807      50,999  
Collateral held against F.R. notes                          
   Gold certificate account                   11,044                    
   Special drawing rights                 
     certificate account                  
 
    9,200  
                
   Other eligible assets                           0                  
   U.S. govt. and agency securities          448,924                  
     Total collateral                        469,168                  
 
1 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.


Release dates
Current release  Other formats: Screen reader | ASCII
Home
Accessibility
To comment on this site, please fill out our feedback form.
Last update: September 10, 1998