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 October 12, 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 Oct 11, 2000 Oct 4, 2000 Oct 13, 1999 Oct 11, 2000 Reserve Bank Credit 561,709 - 1,175 + 20,491 564,030 U.S. government securities (1) Bought outright-system account (2,3) 512,085 + 733 + 21,041 512,173 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 130 0 - 89 130 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 10,939 - 3,575 - 3,720 11,540 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 36 + 1 + 10 32 Seasonal credit 325 - 42 + 62 312 Extended credit 0 0 0 0 Float 2,593 + 1,652 + 1,812 4,016 Other F.R. assets 35,601 + 55 + 1,376 35,827 Gold stock 11,046 0 - 5 11,046 Special drawing rights certificate account 3,200 0 - 4,000 3,200 Treasury currency outstanding 30,423 + 14 + 2,910 30,423 Total factors supplying reserve funds 606,378 - 1,161 + 19,396 608,699 Currency in circulation* 572,429 + 3,236 + 22,490 573,571 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 202 + 17 + 105 250 Deposits,other than reserve balances,with F.R.Banks Treasury 5,324 - 1,498 + 89 6,162 Foreign 89 - 29 - 113 85 Service-related balances and adjustments (5) 6,714 - 180 - 366 6,714 Other 269 + 57 - 50 253 Other F.R. liabilities and capital 15,206 - 29 - 2,989 14,993 Total factors, other than reserve balances, absorbing reserve funds 600,233 + 1,575 + 19,167 602,030 Reserve balances with F.R. Banks (6) 6,145 - 2,736 + 229 6,669 On October 11, 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 $ 694,573 million, a change of $ + 276 million for the week. The total includes $ 599,282 million of U.S. government securities and $ 95,290 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 $ 16,120 million (daily average over statement week) and $ 16,117 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 16,120 million (daily average) and $ 16,117 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 78 million (daily average) and $ 153 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 $ 433 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 $ 6,353 million and adjustments of $ 361 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 Oct 11, 2000 Oct 4, 2000 Oct 13, 1999 ASSETS Gold certificate account 11,046 0 - 5 Special drawing rights certificate account 3,200 0 - 4,000 Coin 823 - 3 + 519 Loans 344 - 4 + 83 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 11,540 - 835 - 3,980 Federal agency obligations (2) Bought outright 130 0 - 68 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 185,114 + 770 - 14,309 Notes (3) 235,726 + 1 + 23,920 Bonds (4) 91,333 + 1 + 11,279 Total bought outright (5) 512,173 + 771 + 20,891 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 512,173 + 771 + 20,891 Total loans and securities 524,187 - 68 + 16,926 Items in process of collection (800) 14,877 + 4,615 + 1,000 Bank premises 1,432 + 2 + 91 Other assets (6) 34,527 + 390 + 1,478 TOTAL ASSETS (800) 590,093 + 4,938 + 16,009 LIABILITIES Federal Reserve notes 544,222 + 2,318 + 19,679 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 13,549 - 1,519 - 1,875 U.S. Treasury--general account 6,162 + 1,344 + 1,214 Foreign--official accounts 85 + 11 - 199 Other (0) 253 - 14 - 17 Total deposits (0) 20,050 - 177 - 877 Deferred availability cash items (800) 10,827 + 2,688 - 12 Other liabilities and accrued dividends (7) 4,287 - 36 + 25 TOTAL LIABILITIES (800) 579,386 + 4,792 + 18,816 CAPITAL ACCOUNTS Capital paid in 6,945 + 2 + 609 Surplus 2,679 0 - 3,273 Other capital accounts 1,083 + 144 - 142 *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 $ 342 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 $ 91 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,117 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 153 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, October 11, 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 100 19,633 + 5,119 0 0 7,545 0 16 to 90 days 245 112,647 - 129 0 0 3,995 0 91 days to 1 year 0 124,621 - 4,220 0 0 ------ ------ Over 1 to 5 years 130,581 0 30 0 ------ ------ Over 5 to 10 years 53,529 + 1 100 0 ------ ------ Over 10 years 71,163 0 0 0 ------ ------ Total 344 512,173 + 771 130 0 11,540 0 1 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 433 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 October 11, 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 823 22 66 49 52 100 105 99 43 27 61 69 132 Loans 344 5 0 0 0 26 9 72 73 80 69 12 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 11,540 0 11,540 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 185,114 10,627 71,455 7,710 10,359 10,867 12,322 22,142 7,032 779 6,169 5,477 20,175 Notes (3) 235,726 13,533 90,991 9,818 13,191 13,838 15,691 28,196 8,955 992 7,855 6,975 25,692 Bonds (4) 91,333 5,243 35,255 3,804 5,111 5,361 6,079 10,925 3,469 384 3,044 2,702 9,954 Total bought outright(5) 512,173 29,403 197,700 21,332 28,662 30,066 34,092 61,264 19,456 2,156 17,068 15,154 55,821 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 512,173 29,403 197,700 21,332 28,662 30,066 34,092 61,264 19,456 2,156 17,068 15,154 55,821 Total loans and securities 524,187 29,415 209,290 21,338 28,669 30,099 34,109 61,351 19,534 2,236 17,141 15,170 55,836 Items in process of collection 15,678 1,068 2,051 732 571 1,545 1,403 1,315 564 902 873 1,146 3,508 Bank premises 1,432 94 165 49 156 125 228 104 33 126 49 138 165 Other assets(5) 34,527 1,649 11,611 1,250 2,024 5,220 2,257 3,347 1,022 682 1,000 1,058 3,407 Interdistrict settlement account 0 + 534 +18,078 - 1,072 + 1,199 - 541 + 1,832 - 6,093 - 1,351 - 1,228 - 1,664 - 5,294 - 4,400 TOTAL ASSETS 590,893 33,484 246,960 22,879 33,341 37,511 40,978 61,497 20,306 2,947 17,896 12,943 60,150 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 $ 342 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 $ 91 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,117 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 153 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 October 11, 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 544,222 30,932 231,671 21,441 31,004 32,910 37,779 57,418 19,183 1,180 16,459 11,144 53,103 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 13,549 868 3,505 426 774 855 976 1,732 357 460 530 929 2,137 U.S. Treasury--general account 6,162 0 6,162 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 85 1 61 1 2 8 2 3 1 1 1 1 3 Other 254 0 132 1 4 106 0 4 1 3 3 1 1 Total deposits 20,050 870 9,860 428 780 969 979 1,738 359 463 533 931 2,141 Deferred credit items 11,627 827 1,505 480 616 896 1,145 895 359 751 463 418 3,269 Other liabilities and accrued dividends (2) 4,287 253 1,457 193 249 310 327 485 179 67 168 157 442 TOTAL LIABILITIES 580,186 32,882 244,494 22,543 32,649 35,085 40,229 60,536 20,079 2,461 17,623 12,650 58,954 CAPITAL ACCOUNTS Capital paid in 6,945 368 1,493 214 460 1,685 491 614 140 357 178 188 758 Surplus 2,679 120 552 83 185 705 192 241 66 98 75 88 275 Other capital accounts 1,083 114 421 39 47 36 67 106 22 31 20 17 163 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 590,893 33,484 246,960 22,879 33,341 37,511 40,978 61,497 20,306 2,947 17,896 12,943 60,150 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 763,100 37,277 305,598 31,900 37,315 52,390 61,352 70,187 23,771 9,828 21,772 33,059 78,650 Less--Held by F.R. Banks 218,878 6,345 73,927 10,459 6,311 19,480 23,574 12,769 4,588 8,648 5,314 21,915 25,547 F.R. notes, net 544,222 30,932 231,671 21,441 31,004 32,910 37,779 57,418 19,183 1,180 16,459 11,144 53,103 Collateral held against F.R. notes Gold certificate account 11,046 Special drawing rights certificate account 3,200 Other eligible assets 6,133 U.S. govt. and agency securities(3) 523,843 Total collateral 544,222 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.