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 April 5, 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 Apr 4, 2001 Mar 28, 2001 Apr 5, 2000 Apr 4, 2001 Reserve Bank Credit 580,844 + 4,735 + 21,963 581,118 U.S. government securities (1) Bought outright-system account (2,3) 523,327 - 603 + 21,538 523,925 Held under repurchase agreements 0 0 0 0 Federal agency obligations (1) Bought outright 10 0 - 140 10 Held under repurchase agreements 0 0 0 0 Repurchase agreements -- triparty (4) 21,484 + 5,558 - 637 21,500 Acceptances 0 0 0 0 Loans to depository institutions Adjustment credit 81 + 78 - 65 152 Seasonal credit 18 0 - 70 25 Extended credit 0 0 0 0 Float 182 + 131 - 119 8 Other F.R. assets 35,743 - 428 + 1,457 35,497 Gold stock 11,046 0 - 2 11,046 Special drawing rights certificate account 2,200 0 - 4,000 2,200 Treasury currency outstanding 32,014 + 14 + 3,011 32,014 Total factors supplying reserve funds 626,104 + 4,749 + 20,971 626,378 Currency in circulation* 586,534 + 1,347 + 22,388 588,356 Reverse repurchase agreements -- triparty (4) 0 0 0 0 Treasury cash holdings* 479 - 10 + 301 484 Deposits,other than reserve balances,with F.R.Banks Treasury 5,671 + 1,050 + 614 5,141 Foreign 92 - 6 - 10 150 Service-related balances and adjustments (5) 6,758 + 48 - 308 6,758 Other 303 + 7 + 78 376 Other F.R. liabilities and capital 17,554 - 771 - 2,101 17,241 Total factors, other than reserve balances, absorbing reserve funds 617,391 + 1,664 + 20,962 618,506 Reserve balances with F.R. Banks (6) 8,713 + 3,084 + 9 7,872 On April 4, 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 $ 727,494 million, a change of $ + 2,639 million for the week. The total includes $ 602,937 million of U.S. government securities and $ 124,557 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 $ 18,499 million (daily average over statement week) and $ 18,381 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 18,499 million (daily average) and $ 18,381 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 702 million (daily average) and $ 641 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 7,386 million of inflation-indexed securities valued at the original face amount and $ 605 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 $ 6,319 million and adjustments of $ 439 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 Apr 4, 2001 Mar 28, 2001 Apr 5, 2000 ASSETS Gold certificate account 11,046 0 - 2 Special drawing rights certificate account 2,200 0 - 4,000 Coin 1,154 + 7 + 681 Loans 178 + 162 - 380 Acceptances 0 0 0 Repurchase agreements -- triparty (1) 21,500 + 6,000 - 55 Federal agency obligations (2) Bought outright 10 0 - 140 Held under repurchase agreements 0 0 0 U.S. government securities (2) Bought outright--Bills 184,182 - 1,151 - 12,440 Notes (3) 243,785 + 127 + 24,699 Bonds (4) 95,958 + 2 + 10,369 Total bought outright (5) 523,925 - 1,021 + 22,627 Held under repurchase agreements (1) 0 0 0 Total U.S. government securities 523,925 - 1,021 + 22,627 Total loans and securities 545,612 + 5,140 + 22,052 Items in process of collection (1,042) 9,270 + 2,589 + 463 Bank premises 1,488 + 9 + 100 Other assets (6) 34,002 - 983 + 877 TOTAL ASSETS (1,042) 604,772 + 6,762 + 20,169 LIABILITIES Federal Reserve notes 557,979 + 1,907 + 20,452 Reverse repurchase agreements -- triparty (1) 0 0 0 Deposits Depository institutions 14,963 + 3,733 + 2,310 U.S. Treasury--general account 5,141 + 377 - 1,299 Foreign--official accounts 150 + 5 + 54 Other (0) 376 + 125 + 101 Total deposits (0) 20,630 + 4,241 + 1,167 Deferred availability cash items (1,042) 8,921 + 1,392 + 718 Other liabilities and accrued dividends (7) 3,748 - 69 - 1,107 TOTAL LIABILITIES (1,042) 591,279 + 7,471 + 21,230 CAPITAL ACCOUNTS Capital paid in 7,031 + 2 + 286 Surplus 6,263 - 226 - 168 Other capital accounts 199 - 486 - 1,179 *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 $ 5,552 million of inflation-indexed securities valued at the original face amount and $ 469 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,834 million of inflation-indexed securities valued at the original face amount and $ 136 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 18,381 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 641 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, April 4, 2001 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 156 16,330 - 4,370 0 0 15,500 0 16 to 90 days 21 121,145 + 4,146 0 0 6,000 0 91 days to 1 year 0 123,351 + 780 0 0 ------ ------ Over 1 to 5 years 134,009 - 2,147 10 0 ------ ------ Over 5 to 10 years 55,488 + 567 0 0 ------ ------ Over 10 years 73,602 + 3 0 0 ------ ------ Total 178 523,925 - 1,021 10 0 21,500 0 1 Includes $ 7,386 million of inflation-indexed securities valued at the original face amount and $ 605 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 April 4, 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 11,046 535 4,428 414 520 750 802 1,064 359 158 340 514 1,162 Special drawing rights certif. acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234 Coin 1,154 78 81 68 73 163 96 150 70 47 77 106 146 Loans 178 71 0 0 0 0 75 14 1 10 1 2 3 Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase Agreements -- triparty(1) 21,500 0 21,500 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 184,182 10,574 71,095 7,671 10,307 10,812 12,260 22,031 6,997 775 6,138 5,450 20,074 Notes (3) 243,785 13,995 94,102 10,154 13,642 14,311 16,227 29,160 9,261 1,026 8,124 7,213 26,570 Bonds (4) 95,958 5,509 37,040 3,997 5,370 5,633 6,387 11,478 3,645 404 3,198 2,839 10,458 Total bought outright(5) 523,925 30,078 202,236 21,822 29,319 30,756 34,874 62,669 19,902 2,206 17,460 15,502 57,102 Held under repurchase agreements 0 0 0 0 0 0 0 0 0 0 0 0 0 Total U.S. govt. securities 523,925 30,078 202,236 21,822 29,319 30,756 34,874 62,669 19,902 2,206 17,460 15,502 57,102 Total loans and securities 545,612 30,149 223,740 21,822 29,320 30,756 34,949 62,684 19,904 2,216 17,460 15,504 57,106 Items in process of collection 10,312 758 1,182 575 436 822 1,018 672 628 509 614 355 2,743 Bank premises 1,488 94 167 50 154 129 273 104 36 125 49 137 169 Other assets(5) 34,002 1,720 11,793 1,261 1,983 4,690 2,204 3,307 936 675 959 954 3,520 Interdistrict settlement account 0 + 1,595 + 9,573 - 522 + 709 + 7,136 + 49 - 2,580 - 1,884 + 2,515 - 1,623 - 6,897 - 8,071 TOTAL ASSETS 605,814 35,044 251,836 23,752 33,299 44,593 39,557 65,614 20,121 6,275 17,942 10,771 57,010 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 $ 5,552 million of inflation-indexed securities valued at the original face amount and $ 469 million of compensation that adjusts for the effects of inflation on the principal of such securities. 4 Includes $ 1,834 million of inflation-indexed securities valued at the original face amount and $ 136 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 18,381 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 641 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 April 4, 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 557,979 32,431 238,865 22,167 30,473 37,638 35,754 61,001 18,795 4,930 16,328 9,311 50,286 Reverse repurchase agreements--triparty(1) 0 0 0 0 0 0 0 0 0 0 0 0 0 Deposits Depository institutions 14,963 734 2,138 440 1,225 2,724 1,425 2,046 580 274 571 640 2,166 U.S. Treasury--general account 5,141 0 5,141 0 0 0 0 0 0 0 0 0 0 Foreign--official accounts 150 2 126 1 2 7 2 3 1 1 1 1 3 Other 376 6 138 0 1 192 3 6 1 1 10 1 18 Total deposits 20,630 742 7,543 441 1,228 2,923 1,430 2,055 582 276 581 641 2,188 Deferred credit items 9,964 832 1,201 512 471 846 1,092 758 304 531 517 340 2,559 Other liabilities and accrued dividends (2) 3,748 224 1,243 168 220 282 292 417 157 71 149 138 387 TOTAL LIABILITIES 592,321 34,228 248,852 23,288 32,392 41,689 38,568 64,232 19,838 5,809 17,575 10,431 55,420 CAPITAL ACCOUNTS Capital paid in 7,031 416 1,450 229 432 1,681 489 696 139 371 183 151 795 Surplus 6,263 358 1,468 228 472 1,224 495 632 138 96 179 188 785 Other capital accounts 199 41 66 7 3 0 4 55 6 0 5 1 10 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 605,814 35,044 251,836 23,752 33,299 44,593 39,557 65,614 20,121 6,275 17,942 10,771 57,010 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 741,072 36,722 296,882 30,756 36,017 52,329 58,792 70,405 22,704 9,362 21,105 31,727 74,272 Less--Held by F.R. Banks 183,093 4,291 58,017 8,589 5,543 14,691 23,038 9,404 3,909 4,432 4,777 22,416 23,985 F.R. notes, net 557,979 32,431 238,865 22,167 30,473 37,638 35,754 61,001 18,795 4,930 16,328 9,311 50,286 Collateral held against F.R. notes Gold certificate account 11,046 Special drawing rights certificate account 2,200 Other eligible assets 0 U.S. govt. and agency securities(3) 544,733 Total collateral 557,979 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.