Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page

Release Date:  October 22, 1998

Release dates
Current release  Other formats: Screen reader | ASCII


 

 

 

 
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 22, 1998
Millions of dollars
  Averages of daily figures
    Change from week ended  
Reserve balances of depository institutions at
F.R. Banks, Reserve Bank credit, and related items
Week ended
Oct 21, 1998
Oct 14, 1998 Oct 22, 1997 Wednesday
Oct 21, 1998
Reserve Bank Credit  (1,2)                                  490,871     +   2,213     +  35,554       492,341 
  U.S. government securities                                         
    Bought outright-system account (3)                      447,289     -     384     +  32,204       448,032 
    Held under repurchase agreements                          4,096     +   1,424     -   1,890         4,115 
  Federal agency obligations                                         
    Bought outright                                             388     -      13     -     367           388 
    Held under repurchase agreements                          4,415     +   1,338     +   3,439         5,488 
  Acceptances                                                     0             0             0             0 
  Loans to depository institutions                            
                                                              
    Adjustment credit                                             4     -      27     -      29             0 
    Seasonal credit                                              99     -      11     -     109            94 
    Extended credit                                               0             0             0             0 
   Float                                                       -142     -     721     -     608          -230 
   Other F.R. assets                                         34,722     +     606     +   2,914        34,453 
Gold stock                                                  11,044            0    -       6       11,044 
Special drawing rights certificate account                    9,200             0             0         9,200 
Treasury currency outstanding                                26,014     +      14     +     474        26,014 
        Total factors supplying reserve funds               537,128     +   2,227     +  36,022       538,598 
                                                     
Currency in circulation*                                    497,168     -     143     +  35,654       497,571 
Treasury cash holdings*                                          92             0     -     148            91 
Deposits,other than reserve balances,with F.R.Banks                                
  Treasury                                                    5,322     -     158     -     205         4,842 
  Foreign                                                       209     -     112     +      10           177 
  Service-related balances and adjustments (4)                6,954     -     103     +      81         6,954 
  Other                                                         408     -       9     +      33           398 
Other F.R. liabilities and capital                           17,218     +     140     +   1,117        17,025 
        Total factors, other than reserve balances,    
        absorbing reserve funds                       
     527,370     -     385     +  36,542       527,058 
                                                              
Reserve balances with F.R. Banks  (5)                         9,759     +   2,612     -     520        11,540 
                                                                              
On October 21, 1998, the face amount of marketable U.S. government securities held in custody by the
Federal Reserve Banks for foreign official and international accounts was 575,818 million, a change of
+$ 3,908 million for the week. The total includes the face value of U.S. Treasury strips and other zero
coupon bonds.
1 Net of $ 19,055 million daily average, matched sale-purchase transactions outstanding during the
latest statement week, of which a net of $ 19,055 million was with foreign official and international
accounts. Includes securities loaned--fully secured by U.S. government securities.
2 Net of $ 18,313 million matched sale-purchase transactions outstanding at the end of the latest
statement week, of which a net of $ 18,313 million was with foreign official and international
accounts. Includes $ 772 million securities loaned--fully secured U.S. government securities.
3 Includes $ 3,250 million of inflation-indexed securities valued at the original face amount and
$ 58 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Consists of required clearing balances of $ 6,668 million and adjustments of $ 286 million to
compensate for float.
5 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
ASSETS * Wednesday
Oct 21, 1998
Wednesday
Oct 14, 1998
Wednesday
Oct 22, 1997
Gold certificate account                                         11,044                 0         -       7 
Special drawing rights certificate account                        9,200                 0                 0 
Coin                                                                413         +       1         -     106 
                                                
Loans                                                                95         -     115         -     122 
Acceptances                                                           0                 0                 0 
Federal agency obligations                            
  Bought outright                                                   388                 0         -     358 
  Held under repurchase agreements (1)                            5,488         +     918         +   3,866 
U.S. government securities                          
  Bought outright--Bills                                        197,387         +     942         +   1,056 
                   Notes (2)                                    183,591         -     597         +  20,516 
                   Bonds (3)                                     67,055                 0         +  10,996 
    Total bought outright (4)                                   448,032         +     346         +  32,567 
  Held under repurchase agreements (1)                            4,115         +   2,070         -   8,399 
     Total U.S. government securities                           452,147         +   2,416         +  24,168 
       Total loans and securities                               458,117         +   3,218         +  27,554 
     
Items in process of collection                      (634)         6,965         -   4,635         -     141 
Bank premises                                                     1,296                 0         +      23 
Other assets (5)                                                 33,178         +     180         +   2,137 
                TOTAL ASSETS                        (634)       520,213         -   1,236         +  29,460 
     
                LIABILITIES                           
Federal Reserve notes                                           472,061         -     894         +  35,257 
Deposits                                           
  Depository institutions                                        18,773         +   2,393         -   6,783 
  U.S. Treasury--general account                                  4,842         -      53         -     744 
  Foreign--official accounts                                        177         -      12         -      28 
    Other                                                           398                 0         +      33 
      Total deposits                                             24,190         +   2,329         -   7,522 
Deferred availability cash items                    (634)         6,937         -   2,818         +     622 
Other liabilities and accrued dividends (6)                       4,588         +     138         -     383 
                TOTAL LIABILITIES                   (634)       507,776         -   1,245         +  27,974 
                                                
                CAPITAL ACCOUNTS                     
Capital paid in                                                   5,916         +       1         +     657 
Surplus                                                           5,220                 0         +     832 
Other capital accounts                                            1,300         +       8         -       3 
 
*Figures in parentheses are the eliminations made in the consolidation process.
1 Does not include U.S. government and federal agency securities resold under matched sale-purchase
transactions to foreign official and international accounts of which $ 0 million was outstanding
at the end of the latest statement week.
2 Includes $ 2,450 million of inflation-indexed securities valued at the original face amount and
$ 50 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
3 Includes $ 800 million of inflation-indexed securities valued at the original face amount and
$ 8 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Net of $ 18,313 million matched sale-purchase transactions outstanding at the end of the latest
statement week. Includes $ 772 million securities loaned--fully secured by U.S. government
securities.
5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes
special investment account at Chicago of $ 170 million in Treasury bills maturing within 90 days.
6 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 21, 1998
Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in
accordance with maximum majority of the agreements.
 

Millions of dollars
  U.S. government
securities (1)
Federal agency
obligations
  Loans Acceptances   Holdings Weekly
changes
Holdings Weekly
changes
Within 15 days   88  Within 15 days       13,874  -   3,178   5,488  +     918 
16 to 90 days     6  16 to 90 days        94,188  +     235      50          0 
Over 90 days      0  91 days to 1 year   141,674  +   5,359      85          0 
                        Over 1 to 5 years   105,383  -     406      68          0 
                        Over 5 to 10 years   42,033  +     405     185          0 
                        Over 10 years        54,994          0       0          0 
    Total        95      Total           452,147  +   2,416   5,876  +     918 
 
1 Includes $ 3,250 million of inflation-indexed securities valued at the original face amount and
$ 58 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
Components may not add to totals due to rounding.
 

 

H.4.1 (b)
 

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON October 21, 1998
Millions of dollars
ASSETS Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Gold certificate account                      11,044         582       4,204         323         643         807         717         998         358         128         289         530       1,465 
Special drawing rights certif. acct.           9,200         530       3,202         282         574         792         602         900         340         123         247         367       1,241 
Coin                                             413          21          18          17          18          47          65          58          20          16          32          48          52 
                                                               
Loans                                             95           1           0           0           0           0           2          11          18          36          25           1           0 
Acceptances                                        0           0           0           0           0           0           0           0           0           0           0           0           0 
Federal agency obligations                                   
  Bought outright                                388          21         144          11          25          31          24          37          14           4          11          18          49 
  Held under repurchase agreements(1)          5,488           0       5,488           0           0           0           0           0           0           0           0           0           0 
U.S. government securities                                         
  Bought outright--Bills                     197,387      10,750      73,159       5,739      12,829      15,549      12,007      18,949       6,936       2,168       5,476       8,975      24,848 
                   Notes (2)                 183,591       9,999      68,046       5,338      11,932      14,462      11,168      17,625       6,452       2,017       5,093       8,348      23,112 
                   Bonds (3)                  67,055       3,652      24,853       1,950       4,358       5,282       4,079       6,437       2,356         737       1,860       3,049       8,441 
     Total bought outright(4)                448,032      24,401     166,059      13,026      29,119      35,293      27,254      43,012      15,745       4,922      12,429      20,371      56,402 
  Held under repurchase agreements(1)          4,115           0       4,115           0           0           0           0           0           0           0           0           0           0 
     Total U.S. govt. securities             452,147      24,401     170,174      13,026      29,119      35,293      27,254      43,012      15,745       4,922      12,429      20,371      56,402 
       Total loans and securities            458,117      24,423     175,805      13,037      29,144      35,324      27,280      43,060      15,776       4,963      12,464      20,390      56,450 
                                                               
Items in process of collection                 7,599         511         811         310         298         468         860         809         383         625         493         304       1,726 
Bank premises                                  1,296          93         158          50         157         125          80         107          31         131          54         149         161 
Other assets(5)                               33,178       1,598       9,924       1,429       2,019       3,978       2,035       3,172         889         838         796       1,556       4,943 
Interdistrict settlement account                   0      -1,638     +18,269        -717      -4,448      -1,518        -755      -2,473      -2,051        +670      +1,172      +2,954      -9,465 
          TOTAL ASSETS                       520,847      26,121     212,392      14,732      28,405      40,024      30,884      46,631      15,747       7,494      15,547      26,299      56,573 
 

1 Does not include U.S. government and federal agency securities resold under matched sale-purchase
transactions to foreign official and international accounts, of which $ 0 was outstanding at the
end of the latest statement week.
2 Includes $ 2,450 million of inflation-indexed securities valued at the original face amount and
$ 50 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
3 Includes $ 800 million of inflation-indexed securities valued at the original face amount and
$ 8 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Net of $ 18,313 million matched sale-purchase transactions outstanding at the end of the latest
statement week. Includes $ 772 million securities loaned--fully secured by U.S. government
securities.
5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes
special investment account at Chicago of $ 170 million in Treasury bills maturing within 90 days.
Components may not add to totals due to rounding.
 

 

H.4.1 (c)
 

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON October 21, 1998
Millions of dollars
LIABILITIES Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Federal Reserve notes                        472,061      22,949     198,926      13,166      25,792      34,434      27,254      41,823      14,295       5,590      13,951      23,655      50,224  
Deposits                                                          
  Depository institutions                     18,773       1,903       3,602         658       1,125       2,031       1,487       2,343         690         764         703       1,541       1,926  
  U.S. Treasury--general account               4,842           0       4,842           0           0           0           0           0           0           0           0           0           0  
  Foreign--official accounts                     177           7          63           8           9          22           9          14           3           5           3           7          26  
  Other                                          398           4         104           1           3          96           5         171           2           0           8           2           3  
    Total deposits                            24,190       1,914       8,610         667       1,137       2,149       1,501       2,528         696         770         714       1,551       1,955  
Deferred credit items                          7,571        442         708        234         359        647         909        705         317        639         434        352       1,826  
Other liabilities and accrued             
  dividends (1)                           
    4,588         254       1,570         164         289         375         309         436         181          89         158         216         547  
    TOTAL LIABILITIES                        508,410      25,559     209,814      14,230      27,577      37,606  ;    29,973      45,492      15,489       7,088      15,256      25,774      54,552  
 
       CAPITAL ACCOUNTS                                            
Capital paid in                                5,916         268       1,186         213         398       1,223         410         546         120         200         138         234         980  
Surplus                                        5,220         254       1,055         273         335         818         338         502         122         189         119         271         945  
Other capital accounts                         1,300          41         336          16          95         377         162          91          16          17          34          21          97  
     TOTAL LIABILITIES AND CAPITAL        
        ACCOUNTS                          
  520,847      26,121     212,392      14,732      28,405      40,024      30,884      46,631      15,747       7,494      15,547      26,299      56,573  
              
FEDERAL RESERVE AGENTS' ACCOUNTS                                    
F.R. notes outstanding                       586,916      27,860     239,763      16,345      30,341      43,144      37,142      52,788      17,013       7,346      16,599      30,137      68,437  
  Less--Held by F.R. Banks                   114,855       4,911      40,836       3,180       4,549       8,710       9,888      10,965       2,717       1,756       2,648       6,482      18,213  
  F.R. notes, net                            472,061      22,949     198,926      13,166      25,792      34,434      27,254      41,823      14,295       5,590      13,951      23,655      50,224  
Collateral held against F.R. notes                          
   Gold certificate account                   11,044                    
   Special drawing rights                 
     certificate account                  
 
    9,200  
                
   Other eligible assets                           0                  
   U.S. govt. and agency securities          451,817                  
     Total collateral                        472,061                  
 
1 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.


Release dates
Current release  Other formats: Screen reader | ASCII
Home
Accessibility
To comment on this site, please fill out our feedback form.
Last update: October 22, 1998