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 26, 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 25, 2000 Oct 18, 2000 Oct 27, 1999 Oct 25, 2000 Reserve Bank Credit 559,523 - 2,351 + 15,950 560,096 U.S. government securities (1) Bought outright-system account (2,3) 510,464 + 979 + 19,753 511,038 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 130 0 - 64 130 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 11,689 - 2,641 - 5,372 9,995 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 175 - 124 + 135 13 Seasonal credit 277 - 24 + 86 270 Extended credit 0 0 0 0 Float 400 - 771 + 76 2,036 Other F.R. assets 36,389 + 231 + 1,342 36,615 Gold stock 11,046 0 - 4 11,046 Special drawing rights certificate account 3,200 0 - 4,000 3,200 Treasury currency outstanding 30,647 + 14 + 3,052 30,647 Total factors supplying reserve funds 604,416 - 2,336 + 14,998 604,989 Currency in circulation* 570,581 - 1,522 + 17,300 571,377 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 289 + 33 + 197 289 Deposits,other than reserve balances,with F.R.Banks Treasury 5,278 + 108 + 72 4,207 Foreign 91 - 17 - 89 71 Service-related balances and adjustments (5) 6,698 + 84 - 364 6,698 Other 241 - 9 - 19 241 Other F.R. liabilities and capital 16,066 + 639 - 2,176 16,254 Total factors, other than reserve balances, absorbing reserve funds 599,243 - 685 + 14,920 599,137 Reserve balances with F.R. Banks (6) 5,173 - 1,651 + 78 5,852 On October 25, 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 $ 686,779 million, a change of $ - 2,853 million for the week. The total includes $ 589,652 million of U.S. government securities and $ 97,127 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 $ 16,091 million (daily average over statement week) and $ 16,076 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 16,091 million (daily average) and $ 16,076 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 757 million (daily average) and $ 98 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 $ 435 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 $ 6,347 million and adjustments of $ 351 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 25, 2000 Oct 18, 2000 Oct 27, 1999 ASSETS Gold certificate account 11,046 0 - 4 Special drawing rights certificate account 3,200 0 - 4,000 Coin 856 + 32 + 539 Loans 282 - 21 + 71 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 9,995 - 8,848 - 10,070 Federal agency obligations (2) Bought outright 130 0 - 58 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 182,744 + 135 - 17,606 Notes (3) 236,389 + 662 + 25,117 Bonds (4) 91,905 + 72 + 11,476 Total bought outright (5) 511,038 + 870 + 18,987 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 511,038 + 870 + 18,987 Total loans and securities 521,445 - 7,999 + 8,930 Items in process of collection (816) 9,168 + 673 + 2,512 Bank premises 1,433 0 + 92 Other assets (6) 35,305 + 391 + 1,721 TOTAL ASSETS (816) 582,454 - 6,901 + 9,790 LIABILITIES Federal Reserve notes 541,875 - 764 + 13,426 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 12,860 - 4,611 - 1,915 U.S. Treasury--general account 4,207 - 942 - 156 Foreign--official accounts 71 - 16 - 101 Other (0) 241 - 28 + 18 Total deposits (0) 17,380 - 5,596 - 2,153 Deferred availability cash items (816) 6,945 - 1,143 + 215 Other liabilities and accrued dividends (7) 4,293 - 2 - 151 TOTAL LIABILITIES (816) 570,493 - 7,505 + 11,337 CAPITAL ACCOUNTS Capital paid in 6,981 - 1 + 627 Surplus 2,679 0 - 3,273 Other capital accounts 2,300 + 603 + 1,099 *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 $ 343 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 $ 92 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,076 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 98 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 25, 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 241 19,440 + 2,160 0 0 5,995 0 16 to 90 days 41 108,798 - 2,323 0 0 4,000 0 91 days to 1 year 0 126,292 + 298 0 0 ------ ------ Over 1 to 5 years 131,315 + 734 30 0 ------ ------ Over 5 to 10 years 53,530 + 1 100 0 ------ ------ Over 10 years 71,663 0 0 0 ------ ------ Total 282 511,038 + 870 130 0 9,995 0 1 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 435 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 25, 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 856 26 67 49 55 107 104 100 45 29 59 72 142 Loans 282 0 0 4 0 1 13 59 61 64 65 13 2 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 9,995 0 9,995 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 182,744 10,491 70,539 7,611 10,227 10,727 12,164 21,859 6,942 769 6,090 5,407 19,917 Notes (3) 236,389 13,571 91,247 9,846 13,229 13,877 15,735 28,276 8,980 995 7,878 6,994 25,764 Bonds (4) 91,905 5,276 35,476 3,828 5,143 5,395 6,117 10,993 3,491 387 3,063 2,719 10,017 Total bought outright(5) 511,038 29,338 197,262 21,285 28,598 29,999 34,016 61,128 19,413 2,151 17,030 15,120 55,698 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 511,038 29,338 197,262 21,285 28,598 29,999 34,016 61,128 19,413 2,151 17,030 15,120 55,698 Total loans and securities 521,445 29,345 207,307 21,295 28,606 30,008 34,037 61,203 19,478 2,216 17,100 15,137 55,714 Items in process of collection 9,984 377 1,316 394 767 501 877 908 362 573 770 830 2,309 Bank premises 1,433 94 166 50 156 125 228 104 33 126 49 138 166 Other assets(5) 35,305 1,692 11,940 1,251 2,067 5,266 2,305 3,445 1,054 686 1,028 1,078 3,493 Interdistrict settlement account 0 + 1,774 +17,101 - 669 + 608 + 133 + 1,796 - 6,197 - 1,312 - 752 - 1,683 - 5,607 - 5,194 TOTAL ASSETS 583,270 34,011 243,596 22,904 32,930 37,102 40,392 60,937 20,122 3,080 17,759 12,305 58,132 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 $ 343 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 $ 92 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,076 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 98 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 25, 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 541,875 30,673 231,885 21,481 30,664 32,539 37,384 57,481 19,053 1,182 16,377 10,893 52,263 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 12,860 1,923 1,977 428 909 1,115 1,071 1,299 405 792 506 659 1,777 U.S. Treasury--general account 4,207 0 4,207 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 71 1 48 1 2 8 2 3 1 1 1 1 3 Other 241 0 136 1 4 94 1 2 1 0 3 0 1 Total deposits 17,380 1,925 6,367 429 914 1,216 1,073 1,303 406 794 510 660 1,781 Deferred credit items 7,761 502 909 392 346 551 780 566 213 547 392 269 2,295 Other liabilities and accrued dividends (2) 4,293 252 1,459 194 247 311 326 484 178 68 168 159 446 TOTAL LIABILITIES 571,309 33,352 240,621 22,496 32,172 34,617 39,563 59,835 19,850 2,591 17,447 11,981 56,784 CAPITAL ACCOUNTS Capital paid in 6,981 358 1,493 237 460 1,685 491 615 138 357 178 186 784 Surplus 2,679 120 552 83 185 705 192 241 66 98 75 88 275 Other capital accounts 2,300 181 930 88 113 95 147 246 68 34 59 50 289 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 583,270 34,011 243,596 22,904 32,930 37,102 40,392 60,937 20,122 3,080 17,759 12,305 58,132 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 760,932 37,036 304,171 32,083 37,097 52,068 61,486 70,347 23,654 9,786 21,754 32,975 78,475 Less--Held by F.R. Banks 219,057 6,363 72,286 10,602 6,433 19,529 24,102 12,866 4,601 8,604 5,377 22,082 26,212 F.R. notes, net 541,875 30,673 231,885 21,481 30,664 32,539 37,384 57,481 19,053 1,182 16,377 10,893 52,263 Collateral held against F.R. notes Gold certificate account 11,046 Special drawing rights certificate account 3,200 Other eligible assets 6,466 U.S. govt. and agency securities(3) 521,163 Total collateral 541,875 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.