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 16, 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 15, 2000 Nov 8, 2000 Nov 17, 1999 Nov 15, 2000 Reserve Bank Credit 566,796 + 4,385 + 5,074 570,886 U.S. government securities (1) Bought outright-system account (2,3) 512,336 + 1,612 + 19,659 511,748 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 130 0 - 51 130 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 17,427 + 2,869 - 16,242 25,795 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 38 + 25 - 397 251 Seasonal credit 155 - 20 + 96 156 Extended credit 0 0 0 0 Float 1,054 - 74 + 639 79 Other F.R. assets 35,656 - 28 + 1,375 32,727 Gold stock 11,046 0 - 3 11,046 Special drawing rights certificate account 3,200 0 - 4,000 3,200 Treasury currency outstanding 30,689 + 14 + 2,950 30,689 Total factors supplying reserve funds 611,731 + 4,399 + 4,021 615,821 Currency in circulation* 573,626 + 1,457 + 5,278 575,306 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 274 + 3 + 179 285 Deposits,other than reserve balances,with F.R.Banks Treasury 5,279 + 206 + 553 4,850 Foreign 79 - 17 - 185 90 Service-related balances and adjustments (5) 6,947 + 170 - 139 6,947 Other 200 - 57 - 56 266 Other F.R. liabilities and capital 17,528 + 663 - 841 17,318 Total factors, other than reserve balances, absorbing reserve funds 603,934 + 2,425 + 4,791 605,063 Reserve balances with F.R. Banks (6) 7,797 + 1,973 - 770 10,758 On November 15, 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 $ 687,877 million, a change of $ + 2,246 million for the week. The total includes $ 593,902 million of U.S. government securities and $ 93,975 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 $ 16,578 million (daily average over statement week) and $ 17,171 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 16,578 million (daily average) and $ 17,171 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 727 million (daily average) and $ 1,900 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 $ 454 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 $ 519 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 15, 2000 Nov 8, 2000 Nov 17, 1999 ASSETS Gold certificate account 11,046 0 - 3 Special drawing rights certificate account 3,200 0 - 4,000 Coin 909 + 3 + 637 Loans 407 + 248 - 1,777 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 25,795 + 13,820 - 9,525 Federal agency obligations (2) Bought outright 130 0 - 51 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 183,044 - 2,276 - 17,370 Notes (3) 236,021 + 7 + 23,773 Bonds (4) 92,682 + 2 + 12,248 Total bought outright (5) 511,748 - 2,267 + 18,652 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 511,748 - 2,267 + 18,652 Total loans and securities 538,080 + 11,801 + 7,298 Items in process of collection (839) 7,922 - 2,316 - 935 Bank premises 1,442 + 7 + 95 Other assets (6) 32,071 - 3,192 + 948 TOTAL ASSETS (839) 594,669 + 6,302 + 4,040 LIABILITIES Federal Reserve notes 545,812 + 1,346 + 1,882 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 18,978 + 5,640 + 4,089 U.S. Treasury--general account 4,850 - 609 - 378 Foreign--official accounts 90 + 18 - 81 Other (0) 266 + 37 + 19 Total deposits (0) 24,183 + 5,085 + 3,647 Deferred availability cash items (839) 7,356 - 393 - 666 Other liabilities and accrued dividends (7) 4,364 + 92 - 154 TOTAL LIABILITIES (839) 581,716 + 6,131 + 4,710 CAPITAL ACCOUNTS Capital paid in 6,988 0 + 610 Surplus 2,679 0 - 3,273 Other capital accounts 3,287 + 172 + 1,993 *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 $ 358 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 $ 96 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 17,171 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,900 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 15, 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 336 17,502 + 449 0 0 15,800 0 16 to 90 days 71 108,823 - 7,852 0 0 9,995 0 91 days to 1 year 0 128,476 + 5,236 0 0 ------ ------ Over 1 to 5 years 131,941 + 577 130 + 100 ------ ------ Over 5 to 10 years 54,117 + 581 0 - 100 ------ ------ Over 10 years 70,889 - 1,258 0 0 ------ ------ Total 407 511,748 - 2,267 130 0 25,795 0 1 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 454 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 15, 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 909 33 75 53 58 115 106 100 45 33 65 75 152 Loans 407 2 0 1 0 0 18 269 38 24 45 8 2 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 25,795 0 25,795 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 183,044 10,508 70,656 7,624 10,243 10,745 12,184 21,895 6,953 771 6,100 5,416 19,950 Notes (3) 236,021 13,550 91,105 9,830 13,208 13,855 15,710 28,232 8,966 994 7,865 6,983 25,724 Bonds (4) 92,682 5,321 35,776 3,860 5,187 5,441 6,169 11,086 3,521 390 3,089 2,742 10,101 Total bought outright(5) 511,748 29,379 197,536 21,315 28,638 30,041 34,063 61,213 19,440 2,154 17,054 15,141 55,775 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 511,748 29,379 197,536 21,315 28,638 30,041 34,063 61,213 19,440 2,154 17,054 15,141 55,775 Total loans and securities 538,080 29,388 223,381 21,320 28,645 30,048 34,090 61,497 19,483 2,179 17,104 15,154 55,791 Items in process of collection 8,761 525 1,163 349 424 442 597 691 344 596 754 397 2,480 Bank premises 1,442 94 166 50 155 126 235 104 33 126 49 138 165 Other assets(5) 32,071 1,509 10,773 1,087 1,879 4,997 2,088 3,070 941 658 922 985 3,162 Interdistrict settlement account 0 + 2,206 + 8,400 - 209 + 2,098 + 764 + 2,215 - 3,175 - 595 - 532 - 772 - 5,345 - 5,056 TOTAL ASSETS 595,508 34,457 249,657 23,185 33,930 37,455 40,375 63,660 20,713 3,261 18,558 12,060 58,197 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 $ 358 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 $ 96 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 17,171 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,900 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 15, 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 545,812 31,199 234,983 21,556 30,905 32,315 37,091 58,758 19,143 1,285 16,473 10,108 51,993 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 18,978 1,711 3,896 560 1,551 1,671 1,174 2,543 852 935 986 1,132 1,967 U.S. Treasury--general account 4,850 0 4,850 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 90 1 66 1 2 8 2 3 1 1 1 1 3 Other 266 0 142 1 4 49 1 1 0 0 42 22 3 Total deposits 24,183 1,713 8,954 561 1,557 1,728 1,177 2,547 853 937 1,029 1,155 1,973 Deferred credit items 8,195 551 980 406 389 614 853 585 235 491 529 279 2,284 Other liabilities and accrued dividends (2) 4,364 257 1,488 196 250 317 336 489 181 71 169 160 449 TOTAL LIABILITIES 582,554 33,720 246,404 22,719 33,101 34,975 39,457 62,380 20,413 2,784 18,200 11,702 56,700 CAPITAL ACCOUNTS Capital paid in 6,988 358 1,496 236 460 1,681 493 616 138 359 178 186 786 Surplus 2,679 120 552 83 185 705 192 241 66 98 75 88 275 Other capital accounts 3,287 259 1,205 146 183 95 233 423 96 21 106 84 436 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 595,508 34,457 249,657 23,185 33,930 37,455 40,375 63,660 20,713 3,261 18,558 12,060 58,197 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 758,530 37,259 303,692 31,868 36,960 51,623 60,829 70,918 23,512 9,701 21,790 32,727 77,651 Less--Held by F.R. Banks 212,718 6,059 68,709 10,312 6,055 19,308 23,738 12,160 4,368 8,416 5,316 22,618 25,658 F.R. notes, net 545,812 31,199 234,983 21,556 30,905 32,315 37,091 58,758 19,143 1,285 16,473 10,108 51,993 Collateral held against F.R. notes Gold certificate account 11,046 Special drawing rights certificate account 3,200 Other eligible assets 0 U.S. govt. and agency securities(3) 531,566 Total collateral 545,812 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.