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 Federal Reserve Banks October 11, 2001 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 10, 2001 Oct 3, 2001 Oct 11, 2000 Oct 10, 2001 Reserve Bank Credit 612,383 - 543 + 50,668 616,970 U.S. government securities (1) Bought outright-system account (2,3) 540,135 + 5,620 + 28,050 540,111 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 10 0 - 120 10 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 32,719 - 8,531 + 21,780 33,505 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 8 - 3 - 28 46 Seasonal credit 81 - 2 - 244 75 Extended credit 0 0 0 0 Float 1,720 + 2,351 - 876 5,306 Other F.R. assets 37,709 + 20 + 2,106 37,917 Gold stock 11,045 0 - 1 11,045 Special drawing rights certificate account 2,200 0 - 1,000 2,200 Treasury currency outstanding 32,866 + 14 + 1,955 32,866 Total factors supplying reserve funds 658,493 - 530 + 51,621 663,080 Currency in circulation* 616,540 + 3,547 + 43,622 617,848 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 428 + 6 + 226 440 Deposits,other than reserve balances,with F.R.Banks Treasury 5,076 - 2,652 - 248 5,107 Foreign 649 + 30 + 560 603 Service-related balances and adjustments (5) 8,326 + 310 + 1,612 8,326 Other 283 + 48 + 14 259 Other F.R. liabilities and capital 17,898 + 43 + 2,692 17,838 Total factors, other than reserve balances, absorbing reserve funds 649,199 + 1,331 + 48,479 650,421 Reserve balances with F.R. Banks (6) 9,294 - 1,861 + 3,143 12,660 On October 10, 2001, 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 $ 732,678 million, a change of $ + 5,255 million for the week. The total includes $ 597,780 million of U.S. government securities and $ 134,898 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 $ 19,148 million (daily average over statement week) and $ 19,182 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 19,148 million (daily average) and $ 19,182 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 5,543 million (daily average) and $ 6,858 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 869 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 $ 7,733 million and adjustments of $ 593 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 10, 2001 Oct 3, 2001 Oct 11, 2000 ASSETS Gold certificate account 11,045 0 - 1 Special drawing rights certificate account 2,200 0 - 1,000 Coin 1,110 - 12 + 287 Loans 121 + 36 - 223 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 33,505 + 750 + 21,965 Federal agency obligations (2) Bought outright 10 0 - 120 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 181,553 + 2,277 - 3,561 Notes (3) 256,557 0 + 20,831 Bonds (4) 102,001 0 + 10,668 Total bought outright (5) 540,111 + 2,277 + 27,938 Held under repurchase agreements 0 0 0 Total U.S. government securities 540,111 + 2,277 + 27,938 Total loans and securities 573,747 + 3,063 + 49,560 Items in process of collection (927) 16,088 + 6,014 + 1,211 Bank premises 1,510 + 1 + 78 Other assets (6) 36,246 + 413 + 1,719 TOTAL ASSETS (927) 641,946 + 9,479 + 51,853 LIABILITIES Federal Reserve notes 586,533 + 2,753 + 42,311 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 20,445 + 5,067 + 6,896 U.S. Treasury--general account 5,107 - 865 - 1,055 Foreign--official accounts 603 - 6 + 518 Other (2) 259 - 24 + 6 Total deposits (2) 26,413 + 4,171 + 6,363 Deferred availability cash items (925) 11,162 + 2,380 + 335 Other liabilities and accrued dividends (7) 2,916 - 10 - 1,371 TOTAL LIABILITIES (927) 627,024 + 9,294 + 47,638 CAPITAL ACCOUNTS Capital paid in 7,268 + 2 + 323 Surplus 6,741 - 4 + 4,062 Other capital accounts 913 + 188 - 170 *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 $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 557 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 3,504 million of inflation-indexed securities valued at the original face amount and $ 312 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 19,182 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 6,858 million that are fully collateralized by other U.S. government securities. 6 Includes assets denominated in foreign currencies, revalued daily at market exchange rates. 7 Includes exchange-translation account reflecting the daily 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 10, 2001 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 54 13,296 - 2,580 0 0 22,505 0 16 days to 90 days 67 122,288 + 5,775 0 0 11,000 0 91 days to 1 year 0 128,573 - 917 0 0 ------ ------ Over 1 to 5 years 141,805 0 10 0 ------ ------ Over 5 to 10 years 55,570 0 0 0 ------ ------ Over 10 years 78,579 0 0 0 ------ ------ Total 121 540,111 + 2,277 10 0 33,505 0 1 Includes $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 869 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 10, 2001 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco ASSETS Gold certificate account 11,045 546 4,451 454 538 741 871 1,028 343 143 317 477 1,136 Special drawing rights certif. acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234 Coin 1,110 58 66 50 66 178 132 133 59 35 69 122 142 Loans 121 0 0 0 0 0 7 24 4 24 56 4 2 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 33,505 0 33,505 0 0 0 0 0 0 0 0 0 0 Federal agency obligations(2) Bought outright 10 1 4 0 1 1 1 1 0 0 0 0 1 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 181,553 10,908 74,370 7,457 10,629 10,846 12,484 20,562 6,544 566 5,604 3,291 18,291 Notes (3) 256,557 15,414 105,094 10,538 15,020 15,327 17,642 29,057 9,247 800 7,919 4,651 25,847 Bonds (4) 102,001 6,128 41,783 4,190 5,972 6,094 7,014 11,552 3,676 318 3,148 1,849 10,276 Total bought outright(5) 540,111 32,451 221,247 22,184 31,621 32,266 37,140 61,172 19,467 1,685 16,671 9,791 54,415 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 540,111 32,451 221,247 22,184 31,621 32,266 37,140 61,172 19,467 1,685 16,671 9,791 54,415 Total loans and securities 573,747 32,452 254,756 22,185 31,621 32,267 37,147 61,197 19,472 1,709 16,727 9,795 54,418 Items in process of collection 17,015 1,005 1,916 767 1,061 1,515 1,790 1,755 794 924 1,089 925 3,474 Bank premises 1,510 93 168 49 152 133 285 107 41 124 49 136 172 Other assets(6) 36,246 1,879 13,103 1,286 2,146 4,953 2,395 3,434 972 687 983 809 3,598 Interdistrict settlement account 0 - 711 -14,839 - 1,658 - 1,901 +11,994 + 1,296 + 5,100 + 119 + 6,275 - 542 + 3,147 - 8,280 TOTAL ASSETS 642,873 35,437 260,496 23,216 33,788 51,928 44,083 72,965 21,871 9,926 18,758 15,510 54,895 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 $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 557 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 3,504 million of inflation-indexed securities valued at the original face amount and $ 312 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 19,182 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 6,858 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 10, 2001 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 586,533 32,142 242,182 21,049 30,596 45,171 40,559 67,428 20,487 8,284 17,107 13,880 47,647 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 20,445 1,377 6,733 1,015 1,194 1,933 1,064 2,765 514 570 589 694 1,997 U.S. Treasury--general account 5,107 0 5,107 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 603 2 579 1 2 7 2 3 1 1 1 1 3 Other 260 0 130 0 1 104 4 1 1 5 3 5 6 Total deposits 26,414 1,379 12,549 1,016 1,197 2,044 1,070 2,768 515 577 593 700 2,006 Deferred credit items 12,087 865 1,637 550 556 1,013 1,102 919 430 709 551 476 3,279 Other liabilities and accrued dividends (2) 2,916 180 965 133 172 245 244 314 123 61 116 96 268 TOTAL LIABILITIES 627,951 34,566 257,333 22,748 32,522 48,473 42,975 71,429 21,556 9,630 18,367 15,152 53,200 CAPITAL ACCOUNTS Capital paid in 7,268 421 1,469 221 619 1,757 538 741 149 177 188 163 825 Surplus 6,741 358 1,468 228 472 1,672 495 632 138 119 179 188 792 Other capital accounts 913 91 227 19 176 26 74 163 28 0 25 7 77 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 642,873 35,437 260,496 23,216 33,788 51,928 44,083 72,965 21,871 9,926 18,758 15,510 54,895 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 743,447 36,469 287,876 28,947 35,956 56,116 64,342 74,668 23,496 10,845 21,046 33,114 70,571 Less--Held by F.R. Banks 156,915 4,327 45,694 7,898 5,360 10,945 23,783 7,240 3,009 2,562 3,940 19,234 22,924 F.R. notes, net 586,533 32,142 242,182 21,049 30,596 45,171 40,559 67,428 20,487 8,284 17,107 13,880 47,647 Collateral held against F.R. notes Gold certificate account 11,045 Special drawing rights certificate account 2,200 Other eligible assets 0 U.S. govt. and agency securities(3) 573,288 Total collateral 586,533 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.