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 November 9, 2000 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 Nov 8, 2000 Nov 1, 2000 Nov 10, 1999 Nov 8, 2000 Reserve Bank Credit 562,411 - 1,417 + 10,169 564,990 U.S. government securities (1) Bought outright-system account (2,3) 510,724 + 425 + 18,764 514,015 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 130 0 - 57 130 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 14,558 - 1,447 - 9,593 11,975 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 13 - 5 - 78 1 Seasonal credit 175 - 65 + 111 159 Extended credit 0 0 0 0 Float 1,128 + 574 + 607 2,756 Other F.R. assets 35,684 - 898 + 420 35,955 Gold stock 11,046 0 - 3 11,046 Special drawing rights certificate account 3,200 0 - 4,000 3,200 Treasury currency outstanding 30,675 + 14 + 2,981 30,675 Total factors supplying reserve funds 607,332 - 1,403 + 9,148 609,911 Currency in circulation* 572,169 + 1,547 + 9,263 573,964 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 271 - 15 + 176 272 Deposits,other than reserve balances,with F.R.Banks Treasury 5,073 - 98 + 259 5,459 Foreign 96 + 15 - 91 72 Service-related balances and adjustments (5) 6,777 - 53 - 360 6,777 Other 257 + 1 + 11 229 Other F.R. liabilities and capital 16,865 + 303 - 1,448 17,053 Total factors, other than reserve balances, absorbing reserve funds 601,509 + 1,701 + 7,812 603,826 Reserve balances with F.R. Banks (6) 5,823 - 3,104 + 1,336 6,085 On November 8, 2000, 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 $ 685,631 million, a change of $ + 869 million for the week. The total includes $ 590,357 million of U.S. government securities and $ 95,273 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 $ 16,831 million (daily average over statement week) and $ 15,865 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 16,653 million (daily average) and $ 15,865 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 573 million (daily average) and $ 1,405 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 445 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 $ 6,429 million and adjustments of $ 347 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 Nov 8, 2000 Nov 1, 2000 Nov 10, 1999 ASSETS Gold certificate account 11,046 0 - 3 Special drawing rights certificate account 3,200 0 - 4,000 Coin 906 + 20 + 617 Loans 159 - 44 + 67 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 11,975 - 12,965 - 15,845 Federal agency obligations (2) Bought outright 130 0 - 51 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 185,320 + 3,008 - 14,897 Notes (3) 236,014 + 411 + 24,735 Bonds (4) 92,680 + 293 + 12,248 Total bought outright (5) 514,015 + 3,713 + 22,087 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 514,015 + 3,713 + 22,087 Total loans and securities 526,279 - 9,296 + 6,258 Items in process of collection (844) 10,238 + 1,404 + 3,254 Bank premises 1,435 + 1 + 88 Other assets (6) 35,263 + 511 + 1,344 TOTAL ASSETS (844) 588,367 - 7,360 + 7,558 LIABILITIES Federal Reserve notes 544,466 + 1,709 + 4,441 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 13,338 - 9,156 + 3,061 U.S. Treasury--general account 5,459 + 310 + 589 Foreign--official accounts 72 - 3 - 89 Other (0) 229 - 49 - 13 Total deposits (0) 19,098 - 8,897 + 3,547 Deferred availability cash items (844) 7,749 - 777 + 458 Other liabilities and accrued dividends (7) 4,272 - 24 - 71 TOTAL LIABILITIES (844) 575,585 - 7,989 + 8,376 CAPITAL ACCOUNTS Capital paid in 6,988 + 1 + 616 Surplus 2,679 0 - 3,273 Other capital accounts 3,115 + 628 + 1,839 *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 $ 4,857 million of inflation-indexed securities valued at the original face amount and $ 351 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,538 million of inflation-indexed securities valued at the original face amount and $ 94 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 15,865 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,405 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, November 8, 2000 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 48 17,053 - 897 0 0 6,000 0 16 to 90 days 111 116,675 + 11,668 0 0 5,975 0 91 days to 1 year 0 123,240 - 7,762 0 0 ------ ------ Over 1 to 5 years 131,364 + 697 30 0 ------ ------ Over 5 to 10 years 53,536 + 6 100 0 ------ ------ Over 10 years 72,147 + 2 0 0 ------ ------ Total 159 514,015 + 3,713 130 0 11,975 0 1 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 445 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 November 8, 2000 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,046 535 4,428 414 520 750 802 1,064 359 158 340 514 1,162 Special drawing rights certif. acct. 3,200 167 1,271 120 151 213 242 309 103 44 96 143 341 Coin 906 32 75 54 59 114 108 100 44 32 63 74 151 Loans 159 0 0 0 0 0 5 35 39 26 46 8 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 11,975 0 11,975 0 0 0 0 0 0 0 0 0 0 Federal agency obligations(2) Bought outright 130 7 50 5 7 8 9 16 5 1 4 4 14 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 185,320 10,639 71,534 7,719 10,371 10,879 12,335 22,167 7,040 780 6,176 5,483 20,198 Notes (3) 236,014 13,549 91,102 9,830 13,208 13,855 15,710 28,231 8,966 994 7,865 6,983 25,723 Bonds (4) 92,680 5,321 35,775 3,860 5,186 5,441 6,169 11,086 3,521 390 3,089 2,742 10,101 Total bought outright(5) 514,015 29,509 198,411 21,409 28,765 30,174 34,214 61,484 19,526 2,164 17,129 15,208 56,022 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 514,015 29,509 198,411 21,409 28,765 30,174 34,214 61,484 19,526 2,164 17,129 15,208 56,022 Total loans and securities 526,279 29,516 210,436 21,414 28,772 30,181 34,227 61,535 19,570 2,190 17,180 15,221 56,036 Items in process of collection 11,083 540 1,280 450 398 749 1,658 724 481 605 648 740 2,810 Bank premises 1,435 93 166 50 155 125 230 104 33 126 49 137 165 Other assets(5) 35,263 1,693 12,007 1,222 2,062 5,186 2,312 3,446 1,057 674 1,031 1,077 3,496 Interdistrict settlement account 0 + 534 +19,340 - 898 + 973 - 368 + 695 - 5,191 - 1,453 - 574 - 1,561 - 5,959 - 5,539 TOTAL ASSETS 589,211 33,111 249,003 22,827 33,091 36,950 40,275 62,091 20,195 3,255 17,846 11,946 58,622 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 $ 4,857 million of inflation-indexed securities valued at the original face amount and $ 351 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,538 million of inflation-indexed securities valued at the original face amount and $ 94 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 15,865 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,405 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 November 8, 2000 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 544,466 31,086 233,516 21,476 30,830 32,492 37,245 58,201 19,150 1,258 16,442 10,695 52,077 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 13,338 577 3,885 368 684 934 886 1,574 334 928 456 494 2,216 U.S. Treasury--general account 5,459 0 5,459 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 72 1 48 1 2 8 2 3 1 1 1 1 3 Other 229 0 137 0 2 79 4 1 0 0 3 1 2 Total deposits 19,098 578 9,529 369 689 1,021 892 1,578 336 929 460 496 2,221 Deferred credit items 8,594 551 1,090 346 523 664 923 616 226 521 437 253 2,444 Other liabilities and accrued dividends (2) 4,272 193 1,465 195 255 317 336 488 179 70 169 158 447 TOTAL LIABILITIES 576,429 32,408 245,600 22,385 32,296 34,493 39,395 60,883 19,890 2,778 17,508 11,602 57,189 CAPITAL ACCOUNTS Capital paid in 6,988 358 1,494 236 460 1,686 492 616 138 359 178 186 784 Surplus 2,679 120 552 83 185 705 192 241 66 98 75 88 275 Other capital accounts 3,115 225 1,357 122 150 66 196 351 101 20 85 70 374 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 589,211 33,111 249,003 22,827 33,091 36,950 40,275 62,091 20,195 3,255 17,846 11,946 58,622 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 759,105 37,255 303,801 31,882 37,016 51,774 61,054 70,612 23,566 9,722 21,748 32,780 77,895 Less--Held by F.R. Banks 214,638 6,169 70,285 10,407 6,186 19,282 23,809 12,410 4,416 8,465 5,307 22,085 25,818 F.R. notes, net 544,466 31,086 233,516 21,476 30,830 32,492 37,245 58,201 19,150 1,258 16,442 10,695 52,077 Collateral held against F.R. notes Gold certificate account 11,046 Special drawing rights certificate account 3,200 Other eligible assets 4,101 U.S. govt. and agency securities(3) 526,120 Total collateral 544,466 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.