Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  July 17, 2003
Release dates
Current release   Other formats: Screen reader | ASCII | PDF (21 KB)
FEDERAL RESERVE Statistical Release
 

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
July 17, 2003
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks
Averages of daily figures Wednesday
Jul 16, 2003
Week ended
Jul 16, 2003
Change from week ended
Jul 9, 2003 Jul 17, 2002
                                                              
Reserve Bank Credit                                         715,493     -   2,907     +  58,741       716,172 
 Securities held outright                                   652,538     +      95     +  60,015       652,700 
    U.S. Treasury (1)                                       652,528     +      95     +  60,015       652,690 
       Bills (2)                                            239,385     +     100     +  42,679       239,550 
       Notes and bonds, nominal (2)                         398,853             0     +  15,864       398,853 
       Notes and bonds, inflation-indexed (2)                12,814             0     +   1,165        12,814 
       Inflation compensation (3)                             1,475     -       5     +     306         1,473 
    Federal agency (2)                                           10             0             0            10 
 Repurchase agreements(4)                                    22,893     -   3,107     -   1,678        24,000 
 Loans to depository institutions                               114     +      15     -      65           121 
    Primary credit                                                6     -       2     +       6             8 
    Secondary credit                                              1     +       1     +       1             0 
    Seasonal credit                                             107     +      16     -      70           113 
    Adjustment credit                                             0             0     -       2             0 
 Float                                                         462    -     164    +     772          107 
 Other Federal Reserve assets                                39,486     +     253     -     303        39,244 
Gold stock                                                   11,044             0             0        11,044 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            35,008     +      14     +   1,012        35,008 
                                                              
Total factors supplying reserve funds                       763,744     -   2,894     +  59,752       764,424 
                                                                          
Currency in circulation(5)                                  694,437     -   3,338     +  32,996       694,663 
Reverse repurchase agreements (6)                            20,067     -     777     +  20,067        20,346 
   Foreign official and international accounts               20,067     -     777     +  20,067        20,346 
   Dealers                                                        0             0             0             0 
Treasury cash holdings                                          327             0     -      65           329 
Deposits with F.R.Banks, other than reserve balances         17,955     +     209     +   1,997        17,230 
  U.S. Treasury, general account                              6,479     +     261     +     984         5,724 
  Foreign official                                              109     -     170     +      11           128 
  Service-related                                            11,059     +      39     +     939        11,059 
     Required clearing balances                              10,860     +      21     +     956        10,860 
     Adjustments to compensate for float                        199     +      18     -      18           199 
  Other                                                         307     +      78     +      63           318 
Other liabilities and capital                                19,878     +      61     -      32        19,649 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  752,664     -   3,844     +  54,965       752,218 
                                                              
Reserve balances with Federal Reserve Banks                  11,080     +     950     +   4,788        12,206 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)           941,453     -   4,167      ------         939,558 
     U.S. Treasury                                          757,619     -   3,274      ------         756,862 
     Federal agency                                         183,834     -     892      ------         182,696 
  Securities lent to dealers                                    868     -     727     -      21           661 
Note: Components may not sum to totals because of rounding.
--- Not available.
 

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2 Face value of the securities.
3 Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.
4 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5 Estimated.
6 Cash value of agreements, which are collateralized by U.S. Treasury securities.
7 Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.
 

 

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
 

 

2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
Assets, liabilities, and capital Eliminations
from
consolidation
  Change Since
Wednesday
Jul 16, 2003
Wednesday
Jul 9, 2003
Wednesday
Jul 17, 2002
Assets                                               
Gold certificate account                                         11,039                 0                 0 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                                872         -       2         -      25 
Securities, repurchase agreements, and loans                    676,822         -   4,993         +  62,464 
   Securities held outright                                     652,700         +     239         +  58,279 
      U.S. Treasury (1)                                         652,690         +     239         +  58,279 
         Bills (2)                                              239,550         +     245         +  40,946 
         Notes and bonds, nominal (2)                           398,853                 0         +  15,864 
         Notes and bonds, inflation-indexed (2)                    12,814                 0         +   1,102 
         Inflation compensation (3)                               1,473         -       6         +     368 
      Federal agency (2)                                             10                 0                 0 
   Repurchase agreements (4)                                     24,000         -   5,250         +   4,250 
   Loans                                                            121         +      17         -      66 
Items in process of collection                    (1,189)         8,534         -   1,576         +   1,327 
Bank premises                                                     1,585         +       3         +      65 
Other assets (5)                                                 37,607         -     105         -     679 
      Total assets                                (1,189)       738,658         -   6,674         +  63,150 
                                                     
Liabilities                                          
Federal Reserve notes net of FR Bank holdings                  660,851         -   2,678         +  32,250 
Reverse repurchase agreements (6)                                20,346         +      92         +  20,346 
Deposits                                              (0)        29,600         -   3,879         +   9,957 
  Depository institutions                                        23,429         -   3,142         +   9,172 
  U.S. Treasury, general account                                  5,724         -     632         +     724 
  Foreign official                                                  128         -     199         -      28 
  Other                                               (0)           318         +      93         +      88 
Deferred availability cash items                  (1,189)         8,211         -     184         +     526 
Other liabilities and accrued dividends (7)                       2,080         -      27         -     285 
      Total liabilities                           (1,189)       721,089         -   6,675         +  62,794 
                                                     
Capital Accounts                                     
Capital paid in                                                   8,662         +       2         +     401 
Surplus                                                           8,378                 0         +   1,066 
Other capital accounts                                              529                 0         -   1,112 
      Total capital                                              17,569         +       2         +     356 
Note: Components may not sum to totals because of rounding.
 

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2 Face value of the securities.
3 Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.
4 Cash value of agreements, which are collatealized by U.S. Treasury and federal agency securites.
5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.
6 Cash value of agreements, which are collateralized by U.S. Treasury securities.
7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of
foreign exchange commitments.
 

 

 

3. Maturity Distribution of Loans and Securities, July 16, 2003
Millions of dollars
Maturity Loans U.S. Treasury
securities (1)
Federal agency
securities
Repurchase
agreements(2)
Reverse
repurchase
agreements(2)
Holding Weekly
changes
Holdings Week
change
Within 15 days              64        46,121    +   5,453             0            0        19,000        20,346
16 days to 90 days          57       141,599    -   5,715             0            0         5,000             0
91 days to 1 year            0       158,993    +     508            10            0      ------       ------   
Over 1 to 5 years     ------         179,352    -       1             0            0      ------       ------   
Over 5 to 10 years    ------          46,657    -       2             0            0      ------       ------   
Over 10 years         ------          79,969    -       2             0            0      ------       ------   
           
All                        121       652,690    +     239            10            0        24,000       20,346 
 
Note: Components may not sum to totals because of rounding.
--- Not applicable.
 

1 Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face
value of such securities.
2 Cash value of agreements classified by remaining maturity of the agreements.
 

 

 

4. Statement of Condition of Each Federal Reserve Bank on July 16, 2003
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Assets                                                             
Gold certificate account                      11,039         495       4,706         380         477         808         863         982         331         224         303         507         963 
Special drawing rights certificate acct.       2,200         115         874          83         104         147         166         212          71          30          66          98         234 
Coin                                             872          37          32          49          35         109         112         109          53          33          61         147          94 
Securities, repurchase agreements,                                 
      and loans                              676,822      31,555     303,251      20,406      30,584      50,195      44,104      65,982      20,542      14,616      17,552      25,582      52,452 
   Securities held outright                  652,700      31,555     279,246      20,406      30,584      50,195      44,094      65,956      20,535      14,569      17,541      25,579      52,441 
      U.S. Treasury (1)                      652,690      31,555     279,242      20,406      30,584      50,194      44,093      65,955      20,534      14,569      17,541      25,579      52,440 
         Bills (2)                           239,550      11,581     102,487       7,489      11,225      18,422      16,183      24,207       7,537       5,347       6,438       9,388      19,246 
         Notes and bonds(3)                  413,141      19,974     176,755      12,916      19,359      31,772      27,910      41,748      12,998       9,222      11,103      16,191      33,193 
         Federal agency (2)                       10           0           4           0           0           1           1           1           0           0           0           0           1 
      Repurchase agreements(4)                24,000           0      24,000           0           0           0           0           0           0           0           0           0           0 
      Loans                                      121           0           5           0           0           0          10          27           7          47          11           3          12 
Items in process of collection                 9,723         494         601         409         544         921       1,132         770         458         551         695         404       2,744 
Bank premises                                  1,585          91         186          52         152         143         279         118          43         126          54         166         176 
Other assets(5)                               37,607       1,734      13,624       1,108       2,326       5,876       2,183       3,491         970       1,117         900       1,079       3,199 
Interdistrict settlement account                   0     - 4,117     +11,694     - 2,184     - 3,251     + 2,223     - 1,764     - 6,911     -   998     -   769     -   536     + 2,817     + 3,797 
          Total Assets                       739,847      30,404     334,968      20,303      30,971      60,422      47,074      64,755      21,470      15,929      19,093      30,799      63,659 
 
Note: Components may not sum to totals because of rounding.
 

1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2 Face value of the securities.
3 Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face
value of such securities.
4 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.
 

 

 

 

4. Statement of Condition of Each Federal Reserve Bank on July 16, 2003
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Liabilities                                                         
Federal Reserve notes outstanding             770,017      31,784     332,556      24,226      31,091      58,317      62,163      65,403      23,276      15,150      21,278      35,171      69,603 
  Less: notes held by F.R. Banks              109,165       4,962      23,378       7,591       4,586       9,136      20,063       8,004       4,021       1,397       4,387       6,910      14,729 
    Federal Reserve notes, net                660,851      26,822     309,178      16,634      26,506      49,181      42,099      57,399      19,255      13,753      16,890      28,261      54,873 
Reverse repurchase agreements (1)              20,346         984       8,705         636         953       1,565       1,375       2,056         640         454         547         797       1,635 
Deposits                                       29,600         952      11,594       2,008       1,408       4,619       1,501       2,450         664         459         607         759       2,581 
  Depository institutions                      23,429         945       5,601       2,007       1,404       4,468       1,499       2,446         662         458         605         758       2,577 
  U.S. Treasury, general account                5,724           0       5,724           0           0           0           0           0           0           0           0           0           0 
  Foreign official                                128           2         105           1           3           7           2           3           1           1           1           1           3 
  Other                                           318           6         164           0           1         144           0           1           0           0           1           0           0 
Deferred availability cash items                9,400         626         888         425         575         685         958         798         351         482         568         499       2,545 
Other liabilities and accrued                                                 
  dividends (2)                                 2,080         120         660          86         111         211         172         205          93          84          85         103         151 
                                                                    
    Total liabilities                         722,278      29,502     331,024      19,790      29,552      56,261      46,105      62,909      21,002      15,233      18,696      30,419      61,784 
                                                                    
Capital                                                             
Capital paid in                                 8,662         446       1,900         252         706       2,090         477         912         228         347         192         182         931 
Surplus                                         8,378         436       1,809         233         702       2,071         475         858         199         340         201         186         868 
Other capital                                     529          19         234          28          11           0          17          77          41           9           5          11          75 
     Total liabilities and capital            739,847      30,404     334,968      20,303      30,971      60,422      47,074      64,755      21,470      15,929      19,093      30,799      63,659 
Note: Components may not sum to totals because of rounding.
 

1 Cash value of agreements, which are collateralized by U.S. Treasury securities.
2 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.
 

 

5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral Wednesday
Jul 16, 2003
Federal Reserve notes outstanding          770,017  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   104,446  
      Federal Reserve Notes to be         
         collateralized                    665,571  
Collateral held against Federal Reserve             
   notes                                   665,571  
   Gold certificate account                 11,039  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           652,331  
   Other eligible assets                         0  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      676,700  
   Less:face value of securities under    
         reverse repurchase agreements      20,351  
      U.S. Treasury and agency securities  
             eligible to be pledged        656,349  
Note: Components may not sum to totals because of rounding.
 

1 Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face
value of inflation-indexed securities, and cash value of repurchase agreements.

Release dates
Current release   Other formats: Screen reader | ASCII | PDF (21 KB)

Statistical releases