Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date:  May 20, 2004
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
May 20, 2004
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
May 19, 2004
Week ended
May 19, 2004
Change from week ended
May 12, 2004 May 21, 2003
                                                              
Reserve Bank Credit                                         740,495     -     816     +  28,693       737,621 
 Securities held outright                                   679,574     +   1,748     +  29,171       679,618 
    U.S. Treasury (1)                                       679,574     +   1,748     +  29,181       679,618 
       Bills (2)                                            250,195     +      32     +  12,805       250,230 
       Notes and bonds, nominal (2)                         413,080     +   1,692     +  14,373       413,080 
       Notes and bonds, inflation-indexed (2)                14,464             0     +   1,650        14,464 
       Inflation compensation (3)                             1,835     +      24     +     353         1,844 
    Federal agency (2)                                            0             0     -      10             0 
 Repurchase agreements(4)                                    22,000     -   1,071     -   2,608        21,250 
 Loans to depository institutions                               105     -       5     +      49           111 
    Primary credit                                                2     -      14             0             1 
    Secondary credit                                              0             0             0             0 
    Seasonal credit                                             104     +      11     +      50           110 
 Float                                                         -483     -     100     +     386          -729 
 Other Federal Reserve assets                               39,299    -   1,388    +   1,696       37,370 
Gold stock                                                   11,045             0     +       2        11,045 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (5)                            35,755     +      14     +     813        35,755 
                                                              
Total factors supplying reserve funds                       789,496     -     801     +  29,510       786,621 
                                                                          
Currency in circulation(5)                                  719,671     +     241     +  29,735       721,297 
Reverse repurchase agreements (6)                            18,884     -     921     -   1,531        18,273 
   Foreign official and international accounts               18,884     -     921     -   1,531        18,273 
   Dealers                                                        0             0             0             0 
Treasury cash holdings                                          324     +      14     -      26           332 
Deposits with F.R.Banks, other than reserve balances         15,688     -     682     -   2,875        14,583 
  U.S. Treasury, general account                              5,333     -     102     -   1,566         4,451 
  Foreign official                                              282     +     179     +     166            80 
  Service-related                                             9,786     -     776     -   1,494         9,786 
     Required clearing balances                               9,786     -     776     -   1,033         9,786 
     Adjustments to compensate for float                          0             0     -     461             0 
  Other                                                         287     +      17     +      21           266 
Other liabilities and capital                                20,742     -      89     +     462        21,006 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                  775,310     -   1,436     +  25,767       775,491 
                                                              
Reserve balances with Federal Reserve Banks                  14,185     +     634     +   3,742        11,130 
                                                                          
                                                              
Memo (off-balance-sheet items):                               
  Marketable securities held in custody for foreign           
         official and international accounts(2,7)         1,199,756     +   7,023     + 282,943     1,209,385 
     U.S. Treasury                                          967,313     +   3,878     + 234,330       975,668 
     Federal agency                                         232,443     +   3,145     +  48,614       233,717 
  Securities lent to dealers                                  2,422     +   1,360     +   1,394         4,914 
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 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
May 19, 2004
Wednesday
May 12, 2004
Wednesday
May 21, 2003
Assets                                               
Gold certificate account                                         11,041                 0         +       2 
Special drawing rights certificate account                        2,200                 0                 0 
Coin                                                                757         -      20         -     193 
Securities, repurchase agreements, and loans                    700,979         -   4,282         +  23,938 
   Securities held outright                                     679,618         +   1,783         +  28,883 
      U.S. Treasury (1)                                         679,618         +   1,783         +  28,893 
         Bills (2)                                              250,230         +      67         +  12,662 
         Notes and bonds, nominal (2)                           413,080         +   1,692         +  14,227 
         Notes and bonds, inflation-indexed (2)                    14,464                 0         +   1,650 
         Inflation compensation (3)                               1,844         +      24         +     355 
      Federal agency (2)                                              0                 0         -      10 
   Repurchase agreements (4)                                     21,250         -   6,000         -   5,001 
   Loans                                                            111         -      65         +      56 
Items in process of collection                    (1,105)         5,504         -     224         -   1,105 
Bank premises                                                     1,676         +       4         +      95 
Other assets (5)                                                 35,634         -   3,398         -     574 
      Total assets                                (1,105)       757,791         -   7,920         +  22,163 
                                                     
Liabilities                                          
Federal Reserve notes net of FR Bank holdings                  686,626         +     565         +  28,317 
Reverse repurchase agreements (6)                                18,273         -     438         -   2,436 
Deposits                                              (0)        25,658         -   8,153         -   3,486 
  Depository institutions                                        20,861         -   7,660         -     301 
  U.S. Treasury, general account                                  4,451         -     498         -   3,157 
  Foreign official                                                   80         -       3         -      46 
  Other                                               (0)           266         +       7         +      19 
Deferred availability cash items                  (1,105)         6,228         -     351         -   1,270 
Other liabilities and accrued dividends (7)                       2,341         +      24         +      37 
      Total liabilities                           (1,105)       739,127         -   8,354         +  21,163 
                                                     
Capital Accounts                                     
Capital paid in                                                   9,080         +       8         +     518 
Surplus                                                           8,847         +      39         +     467 
Other capital accounts                                              738         +     388         +      16 
      Total capital                                              18,665         +     435         +   1,001 
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 collateralized 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, May 19, 2004
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              99        56,046    -   2,901             0            0        21,250        18,273
16 days to 90 days          12       147,682    +   1,374             0            0             0             0
91 days to 1 year            0       164,308    +   4,121             0            0      ------       ------   
Over 1 to 5 years     ------         184,387    -     494             0            0      ------       ------   
Over 5 to 10 years    ------          50,576    +     543             0            0      ------       ------   
Over 10 years         ------          76,618    -     861             0            0      ------       ------   
           
All                        111       679,618    +   1,783             0            0        21,250       18,273 
 
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 May 19, 2004
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                      11,041         494       4,651         382         452         819         894         924         325         218         302         525       1,055 
Special drawing rights certificate acct.       2,200         115         874          83         104         147         166         212          71          30          66          98         234 
Coin                                             757          34          35          46          38          68          75          97          52          27          44         140         103 
Securities, repurchase agreements,                                 
      and loans                              700,979      31,918     315,941      20,214      29,040      51,654      45,835      61,265      19,981      14,857      17,867      30,988      61,420 
   Securities held outright                  679,618      31,913     294,691      20,214      29,040      51,654      45,832      61,219      19,967      14,823      17,859      30,987      61,419 
      U.S. Treasury (1)                      679,618      31,913     294,691      20,214      29,040      51,654      45,832      61,219      19,967      14,823      17,859      30,987      61,419 
         Bills (2)                           250,230      11,750     108,503       7,442      10,692      19,019      16,875      22,540       7,352       5,458       6,576      11,409      22,614 
         Notes and bonds(3)                  429,388      20,163     186,188      12,771      18,348      32,635      28,957      38,679      12,615       9,366      11,284      19,578      38,805 
         Federal agency (2)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
      Repurchase agreements(4)                21,250           0      21,250           0           0           0           0           0           0           0           0           0           0 
      Loans                                      111           5           0           0           0           0           3          46          15          33           7           1           1 
Items in process of collection                 6,609         318         388         509         403         326         649         462         262         404         388         353       2,146 
Bank premises                                  1,676          96         191          52         153         145         278         131          51         124          74         200         180 
Other assets(5)                               35,634       1,611      12,759       1,040       2,207       5,693       2,018       3,202         931       1,063         728         882       3,502 
Interdistrict settlement account                   0     + 2,821     -22,878     + 2,743     - 1,642     +   184     + 2,353     +   151     +   454     -   428     + 1,517     + 3,898     +10,828 
          Total Assets                       758,896      37,407     311,961      25,068      30,756      59,036      52,268      66,443      22,127      16,294      20,986      37,084      79,468 
 
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 May 19, 2004
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             808,058      38,068     320,405      30,560      32,000      59,155      66,175      68,053      23,482      15,533      23,021      41,898      89,709 
  Less: notes held by F.R. Banks              121,431       4,383      29,417       8,460       5,678      10,795      20,213       7,887       3,323       1,287       4,139       7,133      18,715 
    Federal Reserve notes, net                686,626      33,685     290,988      22,099      26,321      48,360      45,962      60,166      20,158      14,247      18,883      34,764      70,994 
Reverse repurchase agreements (1)              18,273         858       7,923         543         781       1,389       1,232       1,646         537         399         480         833       1,651 
Deposits                                       25,658       1,154       7,223       1,241       1,611       4,395       2,981       1,938         645         433         763         746       2,529 
  Depository institutions                      20,861       1,137       2,561       1,240       1,606       4,300       2,979       1,934         641         432         761         745       2,525 
  U.S. Treasury, general account                4,451           0       4,451           0           0           0           0           0           0           0           0           0           0 
  Foreign official                                 80           2          57           1           2           7           2           3           1           1           1           0           4 
  Other                                           266          16         154           0           2          88           0           0           3           0           1           0           0 
Deferred availability cash items                7,332         560         674         525         419         482         876         588         199         506         450         346       1,707 
Other liabilities and accrued                                                 
  dividends (2)                                 2,341         134         733          94         123         260         188         222         105          82          84         122         193 
                                                                    
    Total liabilities                         740,231      36,392     307,541      24,503      29,255      54,886      51,239      64,560      21,644      15,666      20,660      36,811      77,074 
                                                                    
Capital                                                             
Capital paid in                                 9,080         506       2,109         278         738       2,063         502         914         232         266         152         127       1,193 
Surplus                                         8,847         448       2,031         259         727       2,074         489         924         228         346         162         111       1,048 
Other capital                                     738          60         280          28          36          13          38          45          22          17          11          36         152 
     Total liabilities and capital            758,896      37,407     311,961      25,068      30,756      59,036      52,268      66,443      22,127      16,294      20,986      37,084      79,468 
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
May 19, 2004
Federal Reserve notes outstanding          808,058  
   Less: Notes held by F.R. Banks         
         not subject to collateralization   121,431  
      Federal Reserve Notes to be         
         collateralized                    686,626  
Collateral held against Federal Reserve             
   notes                                   686,626  
   Gold certificate account                 11,041  
   Special drawing rights                 
     certificate account                     2,200  
   U.S. Treasury and agency securities    
     pledged (1)                           673,386  
   Other assets pledged                          0  
                                          
Memo:                                     
Total U.S. Treasury and agency            
       securities (1)                      700,868  
   Less:face value of securities under    
         reverse repurchase agreements      18,277  
      U.S. Treasury and agency securities  
             eligible to be pledged        682,591  
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