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

Release Date: December 9, 1999

Release dates
Current release  Other formats: Screen reader | ASCII

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
                                                                                           December 9, 1999
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      Dec 8, 1999  Dec 1, 1999  Dec 9, 1998  Dec 8, 1999

Reserve Bank Credit                                         574,563    +   1,016    +  78,564      578,321
  U.S. government securities (1)
    Bought outright-system account (2,3)                    493,998    +     421    +  39,468      494,744
    Held under repurchase agreements                              0            0    -   3,509            0
  Federal agency obligations (1)
    Bought outright                                             181            0    -     187          181
    Held under repurchase agreements                              0            0    -   3,245            0
  Repurchase agreements -- triparty (4)                      45,754    -     349    +  45,754       47,025
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                            21    -      38    +      19           32
    Seasonal credit                                              61    -       4    +      49           55
    Special Liquidity Facility                                   10    +       2    +      10           11
    Extended credit                                               0            0            0            0
   Float                                                      1,229    +   1,024    +     472        2,673
   Other F.R. assets                                         33,310    -      40    -     267       33,600
Gold stock                                                   11,048    -       1    +       7       11,048
Special drawing rights certificate account                    7,200            0    -   2,000        7,200
Treasury currency outstanding                                27,583    +      26    +   1,383       27,583
        Total factors supplying reserve funds               620,395    +   1,042    +  77,955      624,153

Currency in circulation*                                    584,927    +   4,537    +  78,168      588,843
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         112    +      23    +      14          108
Deposits,other than reserve balances,with F.R.Banks
  Treasury                                                    4,800    -     307    -     235        5,127
  Foreign                                                       186    -      25    +      32          178
  Service-related balances and adjustments (5)                7,095    -     199    +     358        7,095
  Other                                                         224    -      21    -     122          214
Other F.R. liabilities and capital                           18,345    -      48    +   1,846       18,142
        Total factors, other than reserve balances,
        absorbing reserve funds                             615,689    +   3,960    +  80,062      619,708

Reserve balances with F.R. Banks  (6)                         4,706    -   2,918    -   2,107        4,445

On   December 8, 1999, the face amount of marketable U.S. government securities held in custody by the
Federal Reserve Banks for foreign official and international accounts was    624,916 million, a change of
 -$    772 million for the week.  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 $     16,461 million (daily average over statement week) and $     16,466 million (outstanding on
   Wednesday statement date) matched sale-purchase transactions, of which $     16,461 million (daily average)
   and $     16,466 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $        352 million (daily average) and $        151 million
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $      5,476 million of inflation-indexed securities valued at the original face amount and
   $        220 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 $      6,857 million and adjustments of $        238 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.

Note: on   December 8, 1999, option contracts on repurchase agreements were outstanding as follows:
$        114 million with exercise dates from December 23, 1999 through December 29, 1999;
$        223 million with exercise dates from December 30, 1999 through January 5, 2000; and
$        144 million with exercise dates from January 6, 2000 through January 12, 2000.  Further details on these contracts
can be found on the website of the Federal Reserve Bank of New York (http://www.newyorkfed.org/pihome/news/announce).

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS
Millions of Dollars
                                                                                    Change Since
                                                  *          Wednesday        Wednesday        Wednesday
                                                            Dec 8, 1999      Dec 1, 1999      Dec 9, 1998
                ASSETS
Gold certificate account                                        11,048                0        +       7
Special drawing rights certificate account                       7,200                0        -   2,000
Coin                                                               228        -       2        -     157
Loans                                                               98        +      13        +      80
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           47,025        -   2,480        +  47,025
Federal agency obligations (2)
  Bought outright                                                  181                0        -     187
  Held under repurchase agreements                                   0                0        -   3,486
U.S. government securities (2)
  Bought outright--Bills                                       199,233        +     392        +   1,820
                   Notes (3)                                   213,273        +       2        +  25,383
                   Bonds (4)                                    82,238        +     876        +  12,766
    Total bought outright (5)                                  494,744        +   1,270        +  39,969
  Held under repurchase agreements (1)                               0                0        -   4,897
     Total U.S. government securities                          494,744        +   1,270        +  35,072
       Total loans and securities                              542,048        -   1,197        +  78,504

Items in process of collection                      (852)        8,958        +     920        +     585
Bank premises                                                    1,354        +       1        +      59
Other assets (6)                                                32,081        +     529        -   1,012
                TOTAL ASSETS                        (852)      602,917        +     251        +  75,986

                LIABILITIES
Federal Reserve notes                                          561,596        +   5,064        +  79,395
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits
  Depository institutions                                       10,189        -   4,750        -   5,829
  U.S. Treasury--general account                                 5,127        +      45        +     928
  Foreign--official accounts                                       178        +      16        +      23
    Other                                             (2)          214        -      22        -     113
      Total deposits                                  (2)       15,709        -   4,711        -   4,989
Deferred availability cash items                    (850)        7,469        -     253        +      86
Other liabilities and accrued dividends (7)                      4,457                0        +     100
                TOTAL LIABILITIES                   (852)      589,232        +     101        +  74,593

                CAPITAL ACCOUNTS
Capital paid in                                                  6,412        +      38        +     475
Surplus                                                          5,952                0        +     732
Other capital accounts                                           1,320        +     111        +     185

*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 $      3,938 million of inflation-indexed securities valued at the original face amount and
   $        173 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
   $         47 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
5  Net of $     16,466 million matched sale-purchase transactions outstanding at the end of the latest
   statement week.  Includes securities loans of $        151 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,   December 8, 1999
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              52       15,145   +   3,707            0           0        4,850           0
16 to 90 days               43      105,402   +   1,980           31           0       42,175           0
91 days to 1 year            3      135,375   -   5,295           20           0     ------      ------
Over 1 to 5 years                   122,414           0           10           0     ------      ------
Over 5 to 10 years                   50,521   +       1          120           0     ------      ------
Over 10 years                        65,886   +     875            0           0     ------      ------
                   		 	
Total                       98      494,744   +   1,270          181           0       47,025           0

1  Includes $      5,476 million of inflation-indexed securities valued at the original face amount and
   $        220 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   December 8, 1999
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS
Gold certificate account                      11,048        533      4,435        319        566        834        724        993        337        140        313        575      1,279
Special drawing rights certif. acct.           7,200        357      2,823        217        348        599        523        637        204         90        203        396        803
Coin                                             228          6         11         13         12         38         30         27         11         11         17         18         34

Loans                                             98         14          2          0          0          8          4         12         14          9         19          2         14
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          47,025          0     47,025          0          0          0          0          0          0          0          0          0          0
Federal agency obligations(2)
  Bought outright                                181          9         72          5         10         14         11         17          6          2          5          9         19
  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                     199,233     10,303     79,344      5,967     11,533     14,988     12,127     18,712      6,554      2,383      5,975      9,927     21,421
                   Notes (3)                 213,273     11,029     84,935      6,388     12,345     16,044     12,982     20,031      7,015      2,551      6,396     10,627     22,930
                   Bonds (4)                  82,238      4,253     32,751      2,463      4,760      6,187      5,006      7,724      2,705        984      2,466      4,098      8,842
     Total bought outright(5)                494,744     25,585    197,030     14,818     28,638     37,220     30,115     46,467     16,274      5,917     14,836     24,652     53,193
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             494,744     25,585    197,030     14,818     28,638     37,220     30,115     46,467     16,274      5,917     14,836     24,652     53,193
       Total loans and securities            542,048     25,608    244,129     14,824     28,649     37,241     30,130     46,495     16,294      5,928     14,861     24,662     53,227

Items in process of collection                 9,810        951      1,129        455        434        732      1,126        692        346        622        625        354      2,344
Bank premises                                  1,354         93        163         50        156        124        138        107         32        128         51        146        165
Other assets(5)                               32,081      1,434     10,598        974      1,897      4,519      2,024      2,864        789        746        807      1,311      4,117
Interdistrict settlement account                   0    + 6,087    -24,575    + 5,935    +   382    - 3,830    + 8,599    +17,609    + 3,785    - 4,704    + 2,180    -16,004    + 4,535
          TOTAL ASSETS                       603,768     35,068    238,714     22,787     32,444     40,258     43,294     69,425     21,797      2,962     19,057     11,459     66,503

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 $      3,938 million of inflation-indexed securities valued at the original face amount and  $        173 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  $         47 million
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     16,466 million matched sale-purchase transactions outstanding at the end of the latest statement week.
   Includes securities loans of $        151 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   December 8, 1999
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES
Federal Reserve notes                         561,596     33,268    226,572     21,607     30,099     34,235     40,159     65,197     20,597      1,651     17,746      9,789     60,674
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits
  Depository institutions                      10,189        509      1,220        261        702      1,479        835      1,901        437        279        378        614      1,575
  U.S. Treasury--general account                5,127          0      5,127          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                      178          7         62          4         10         30         10         14          3          5          3          6         24
  Other                                           216          0        141          0         -4         62          8          1          1          1          2          2          3
    Total deposits                             15,710        515      6,551        265        707      1,571        853      1,916        441        284        384        621      1,601
Deferred credit items                           8,320        437      1,132        340        471        691      1,022        638        258        473        401        354      2,104
Other liabilities and accrued
  dividends (2)                                 4,457        241      1,550        162        272        388        316        424        168         92        163        229        453
    TOTAL LIABILITIES                         590,084     34,462    235,805     22,374     31,550     36,885     42,350     68,176     21,464      2,500     18,693     10,993     64,833

       CAPITAL ACCOUNTS
Capital paid in                                 6,412        289      1,325        199        434      1,691        458        601        159        230        174        213        640
Surplus                                         5,952        267      1,208        177        399      1,238        418        583        121        202        140        227        972
Other capital accounts                          1,320         49        375         37         62        445         68         65         54         30         49         26         59
     TOTAL LIABILITIES AND CAPITAL
        ACCOUNTS                              603,768     35,068    238,714     22,787     32,444     40,258     43,294     69,425     21,797      2,962     19,057     11,459     66,503

FEDERAL RESERVE AGENTS' ACCOUNTS

F.R. notes outstanding                        824,756     42,967    327,382     31,043     39,212     55,021     62,291     79,743     26,575     11,428     24,744     36,811     87,540
  Less--Held by F.R. Banks                    263,160      9,698    100,810      9,436      9,113     20,785     22,132     14,546      5,978      9,777      6,997     27,022     26,866
  F.R. notes, net                             561,596     33,268    226,572     21,607     30,099     34,235     40,159     65,197     20,597      1,651     17,746      9,789     60,674
Collateral held against F.R. notes
   Gold certificate account                    11,048
   Special drawing rights
     certificate account                        7,200
   Other eligible assets                        1,398
   U.S. govt. and agency securities(3)        541,950
     Total collateral                         561,596

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.

Release dates
Current release  Other formats: Screen reader | ASCII
Home | Statistical releases
Accessibility
To comment on this site, please fill out our feedback form.
Last update: December 9, 1999