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 24, 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 22, 2000 Nov 15, 2000 Nov 24, 1999 Nov 22, 2000 Reserve Bank Credit 568,034 + 1,217 + 5,206 573,569 U.S. government securities (1) Bought outright-system account (2,3) 513,025 + 689 + 19,024 513,813 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) 19,618 + 2,191 - 15,477 24,615 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 416 + 378 + 347 1 Seasonal credit 148 - 7 + 89 145 Extended credit 0 0 0 0 Float 985 - 89 + 656 905 Other F.R. assets 33,712 - 1,944 + 624 33,959 Gold stock 11,046 0 - 3 11,046 Special drawing rights certificate account 3,200 0 - 4,000 3,200 Treasury currency outstanding 30,909 + 14 + 3,124 30,909 Total factors supplying reserve funds 613,188 + 1,231 + 4,326 618,723 Currency in circulation* 576,148 + 2,316 + 2,874 579,884 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 289 + 15 + 194 311 Deposits,other than reserve balances,with F.R.Banks Treasury 5,175 - 104 - 165 4,413 Foreign 92 + 13 - 111 71 Service-related balances and adjustments (5) 6,600 - 347 - 562 6,600 Other 238 + 38 - 17 233 Other F.R. liabilities and capital 17,755 + 227 - 682 17,669 Total factors, other than reserve balances, absorbing reserve funds 606,296 + 2,157 + 1,529 609,181 Reserve balances with F.R. Banks (6) 6,892 - 925 + 2,797 9,542 On November 22, 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 $ 682,725 million, a change of $ - 5,152 million for the week. The total includes $ 588,994 million of U.S. government securities and $ 93,731 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 $ 16,431 million (daily average over statement week) and $ 16,407 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 16,431 million (daily average) and $ 16,407 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 1,435 million (daily average) and $ 218 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 $ 463 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 $ 6,212 million and adjustments of $ 389 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 22, 2000 Nov 15, 2000 Nov 24, 1999 ASSETS Gold certificate account 11,046 0 - 3 Special drawing rights certificate account 3,200 0 - 4,000 Coin 905 - 4 + 644 Loans 146 - 261 - 226 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 24,615 - 1,180 - 16,840 Federal agency obligations (2) Bought outright 130 0 - 51 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 183,883 + 839 - 16,019 Notes (3) 237,245 + 1,224 + 23,979 Bonds (4) 92,685 + 3 + 11,324 Total bought outright (5) 513,813 + 2,065 + 19,284 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 513,813 + 2,065 + 19,284 Total loans and securities 538,704 + 624 + 2,166 Items in process of collection (1,118) 8,472 + 550 + 268 Bank premises 1,443 + 1 + 95 Other assets (6) 32,522 + 451 + 738 TOTAL ASSETS (1,118) 596,293 + 1,624 - 91 LIABILITIES Federal Reserve notes 550,192 + 4,380 - 1,146 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 16,270 - 2,708 + 1,547 U.S. Treasury--general account 4,413 - 437 - 112 Foreign--official accounts 71 - 19 - 100 Other (0) 233 - 33 - 20 Total deposits (0) 20,987 - 3,196 + 1,314 Deferred availability cash items (1,118) 7,445 + 89 + 267 Other liabilities and accrued dividends (7) 4,368 + 4 - 215 TOTAL LIABILITIES (1,118) 582,992 + 1,276 + 221 CAPITAL ACCOUNTS Capital paid in 7,030 + 42 + 656 Surplus 2,679 0 - 3,273 Other capital accounts 3,592 + 305 + 2,305 *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 $ 365 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 $ 98 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,407 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 218 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 22, 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 125 17,639 + 137 0 0 12,595 0 16 to 90 days 21 112,587 + 3,764 0 0 12,020 0 91 days to 1 year 0 125,994 - 2,482 0 0 ------ ------ Over 1 to 5 years 132,580 + 639 130 0 ------ ------ Over 5 to 10 years 54,123 + 6 0 0 ------ ------ Over 10 years 70,891 + 2 0 0 ------ ------ Total 146 513,813 + 2,065 130 0 24,615 0 1 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 463 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 22, 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 905 34 77 52 57 115 100 101 45 34 67 74 150 Loans 146 4 1 0 0 0 3 42 30 17 41 9 0 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 24,615 0 24,615 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 183,883 10,556 70,979 7,659 10,290 10,794 12,240 21,995 6,985 774 6,128 5,441 20,041 Notes (3) 237,245 13,620 91,577 9,881 13,277 13,927 15,792 28,378 9,012 999 7,906 7,020 25,857 Bonds (4) 92,685 5,321 35,776 3,860 5,187 5,441 6,169 11,086 3,521 390 3,089 2,742 10,102 Total bought outright(5) 513,813 29,497 198,333 21,401 28,754 30,162 34,201 61,460 19,518 2,163 17,123 15,203 56,000 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 513,813 29,497 198,333 21,401 28,754 30,162 34,201 61,460 19,518 2,163 17,123 15,203 56,000 Total loans and securities 538,704 29,508 222,999 21,406 28,761 30,170 34,212 61,517 19,553 2,181 17,168 15,215 56,014 Items in process of collection 9,590 470 1,038 468 475 778 853 815 475 685 626 522 2,384 Bank premises 1,443 94 166 50 155 126 235 104 33 126 49 138 167 Other assets(5) 32,522 1,534 10,984 1,107 1,904 5,029 2,121 3,111 952 663 938 993 3,187 Interdistrict settlement account 0 + 1,303 +10,244 + 59 + 1,476 + 480 + 2,251 - 2,932 - 1,220 - 708 - 934 - 5,510 - 4,509 TOTAL ASSETS 597,411 33,646 251,207 23,676 33,498 37,660 40,816 64,089 20,301 3,182 18,350 12,089 58,897 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 $ 365 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 $ 98 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,407 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 218 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 22, 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 550,192 31,242 235,416 21,889 30,967 32,700 37,895 59,474 19,230 1,322 16,647 10,322 53,088 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 16,270 837 5,449 589 853 1,459 731 2,137 335 779 634 904 1,563 U.S. Treasury--general account 4,413 0 4,413 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 71 1 47 1 2 8 2 3 1 1 1 1 3 Other 233 0 138 0 4 43 2 1 1 0 34 7 3 Total deposits 20,987 839 10,046 590 858 1,510 735 2,141 337 781 669 912 1,569 Deferred credit items 8,564 552 990 507 523 617 892 677 254 529 488 316 2,219 Other liabilities and accrued dividends (2) 4,368 264 1,482 197 251 322 336 492 180 72 169 160 443 TOTAL LIABILITIES 584,111 32,897 247,934 23,183 32,600 35,149 39,858 62,784 20,001 2,703 17,974 11,710 57,318 CAPITAL ACCOUNTS Capital paid in 7,030 358 1,496 236 497 1,678 493 617 138 359 178 188 791 Surplus 2,679 120 552 83 185 705 192 241 66 98 75 88 275 Other capital accounts 3,592 271 1,225 173 217 128 273 448 96 22 124 104 512 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 597,411 33,646 251,207 23,676 33,498 37,660 40,816 64,089 20,301 3,182 18,350 12,089 58,897 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 757,512 37,061 302,749 31,861 36,752 51,475 61,115 70,978 23,443 9,693 21,767 32,746 77,874 Less--Held by F.R. Banks 207,320 5,819 67,332 9,972 5,785 18,775 23,220 11,504 4,212 8,371 5,120 22,424 24,786 F.R. notes, net 550,192 31,242 235,416 21,889 30,967 32,700 37,895 59,474 19,230 1,322 16,647 10,322 53,088 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) 535,946 Total collateral 550,192 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.