Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: April 7, 2005
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
                                                                                              April 7, 2005
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at            Apr 6, 2005 Mar 30, 2005  Apr 7, 2004  Apr 6, 2005
Federal Reserve Banks

Reserve Bank Credit                                         783,431    +   1,107    +  49,879      778,002
 Securities held outright                                   717,341    -     191    +  43,140      717,351       
    U.S. Treasury (1)                                       717,341    -     191    +  43,140      717,351
       Bills (2)                                            263,005            0    +  16,361      263,005
       Notes and bonds, nominal (2)                         432,885    -     211    +  21,497      432,885
       Notes and bonds, inflation-indexed (2)                19,108            0    +   4,644       19,108
       Inflation compensation (3)                             2,342    +      20    +     637        2,352
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    25,143    +     500    +   5,572       20,000
 Loans to depository institutions                                69    +      10    -       4           65
    Primary credit                                               12    -       1    -      24            2
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              57    +      11    +      20           63
 Float                                                          254    +     778    +     753          -70
 Other Federal Reserve assets                                40,624    +      10    +     419       40,655
Gold stock                                                   11,041            0    -       4       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,560    +      14    +     782       36,560
       
Total factors supplying reserve funds                       833,232    +   1,121    +  50,657      827,803
                                                                   
Currency in circulation(5)                                  754,525    +   1,488    +  38,276      755,891
Reverse repurchase agreements (6)                            23,115    -   1,564    +   3,716       22,986
   Foreign official and international accounts               23,115    -   1,564    +   3,716       22,986
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          283    +       8    -      80          277
Deposits with F.R.Banks, other than reserve balances         15,248    +   1,606    -     771       14,426       
  U.S. Treasury, general account                              5,296    +     704    +     286        4,530
  Foreign official                                              111    +      28    +      18           82
  Service-related                                             9,514    +     781    -   1,053        9,514
     Required clearing balances                               9,514    +     782    -   1,048        9,514
     Adjustments to compensate for float                          0            0    -       5            0
  Other                                                         326    +      91    -      22          300
Other liabilities and capital                                27,862    +     176    +   7,031       27,738

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  821,033    +   1,714    +  48,172      821,318

Reserve balances with Federal Reserve Banks                  12,199    -     593    +   2,485        6,485
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,390,019    -   1,661    + 213,965    1,390,159
     U.S. Treasury                                        1,081,816    -   3,232    + 140,176    1,081,265
     Federal agency                                         308,203    +   1,571    +  73,788      308,894
  Securities lent to dealers                                  2,979    -     297    +   1,035        1,562   


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
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation  Apr 6, 2005     Mar 30, 2005      Apr 7, 2004

Assets
Gold certificate account                                        11,037                0        -       4
Special drawing rights certificate account                       2,200                0                0
Coin                                                               720        +       7        -     124
Securities, repurchase agreements, and loans                   737,417        -  11,931        +  43,294
   Securities held outright                                    717,351        -     185        +  43,057
      U.S. Treasury (1)                                        717,351        -     185        +  43,057       
         Bills (2)                                             263,005                0        +  16,276
         Notes and bonds, nominal (2)                          432,885        -     211        +  21,497
         Notes and bonds, inflation-indexed (2)                 19,108                0        +   4,644
         Inflation compensation (3)                              2,352        +      26        +     639
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    20,000        -  11,750        +     250    
   Loans                                                            65        +       3        -      14
Items in process of collection                      (768)        7,349        +   1,820        +     989
Bank premises                                                    1,802        -       4        +     144
Other assets (5)                                                38,646        -      85        -      88
      Total assets                                  (768)      799,170        -  10,195        +  44,210
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  720,324        +     636        +  36,546
Reverse repurchase agreements (6)                               22,986        -     705        +   3,914
Deposits                                             (14)       20,703        -  11,080        -   4,179       
  Depository institutions                                       15,791        -  10,458        -   4,095
  U.S. Treasury, general account                                 4,530        -     668        -      31
  Foreign official                                                  82        -      20        -      14
  Other                                              (14)          300        +      65        -      38
Deferred availability cash items                    (754)        7,419        +     890        +     719
Other liabilities and accrued dividends (7)                      3,231        +       6        +     998
      Total liabilities                             (768)      774,664        -  10,252        +  37,999
                          
Capital Accounts
Capital paid in                                                 12,585        +      26        +   3,603
Surplus                                                         11,165        -      12        +   2,318
Other capital accounts                                             757        +      43        +     291
      Total capital                                             24,507        +      58        +   6,212


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,      April 6, 2005
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days              10       47,012   -   7,839            0           0       20,000       22,986
16 days to 90 days          56      170,291   +   7,594            0           0            0            0
91 days to 1 year            0      160,318   +     368            0           0     ------      ------
Over 1 to 5 years     ------        212,482   -     324            0           0     ------      ------
Over 5 to 10 years    ------         50,289   +       5            0           0     ------      ------
Over 10 years         ------         76,959   +      12            0           0     ------      ------
                   		 	
All                         65      717,351   -     185            0           0       20,000      22,986

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      April 6, 2005
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        494      4,647        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                                             720         22         47         65         54         58         71        119         33         28         48         62        112
Securities, repurchase agreements,
      and loans                              737,417     33,687    331,055     21,336     30,653     54,522     48,376     64,654     21,079     15,665     18,852     32,709     64,829
   Securities held outright                  717,351     33,685    311,053     21,336     30,653     54,522     48,376     64,618     21,075     15,646     18,851     32,708     64,829
      U.S. Treasury (1)                      717,351     33,685    311,053     21,336     30,653     54,522     48,376     64,618     21,075     15,646     18,851     32,708     64,829
         Bills (2)                           263,005     12,350    114,042      7,822     11,238     19,990     17,736     23,691      7,727      5,736      6,911     11,992     23,769
         Notes and bonds(3)                  454,346     21,335    197,010     13,513     19,414     34,532     30,640     40,927     13,348      9,910     11,939     20,716     41,061
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                20,000          0     20,000          0          0          0          0          0          0          0          0          0          0
      Loans                                       65          3          2          0          0          0          0         36          4         19          2          1          0
Items in process of collection                 8,117        396        450        428        637        662      1,275        361        246        361        559        363      2,380
Bank premises                                  1,802        103        200         53        157        143        275        175         61        122         83        264        166
Other assets(5)                               38,646      3,304     15,060      1,073      2,551      5,044      2,037      2,679        892        787        674        940      3,605
Interdistrict settlement account                   0    + 2,939    -25,349    + 7,083    +   439    + 2,624    + 5,610    +   760    + 1,269    -   694    + 1,204    +   466    + 3,651
          Total Assets                       799,939     41,062    326,982     30,502     35,046     64,019     58,705     69,884     23,976     16,517     21,788     35,426     76,032

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      April 6, 2005
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             854,076     40,054    338,897     35,694     35,467     65,475     73,215     72,842     24,704     16,332     24,300     40,112     86,984
  Less: notes held by F.R. Banks              133,752      4,599     38,226      7,722      5,187     12,439     20,179      8,869      2,983      1,760      4,655      7,284     19,848
    Federal Reserve notes, net                720,324     35,455    300,672     27,971     30,280     53,036     53,037     63,972     21,721     14,572     19,644     32,828     67,136
Reverse repurchase agreements (1)              22,986      1,079      9,967        684        982      1,747      1,550      2,071        675        501        604      1,048      2,077
Deposits                                       20,717      1,151      7,083        672        902      3,593      1,736      1,394        543        338        633        647      2,023
  Depository institutions                      15,791      1,142      2,334        670        884      3,462      1,734      1,391        539        337        632        646      2,019
  U.S. Treasury, general account                4,530          0      4,530          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 82          5         53          1          4          7          2          3          1          1          1          0          4
  Other                                           314          4        166          0         14        124          0          0          3          0          1          1          0
Deferred availability cash items                8,173        622        954        459        667        482      1,168        487        151        497        490        443      1,753
Other liabilities and accrued                 
  dividends (2)                                 3,231        186      1,143        113        176        316        238        300        123         98        102        158        278
   
    Total liabilities                         775,432     38,494    319,820     29,899     33,008     59,174     57,729     68,224     23,213     16,006     21,474     35,124     73,267
                              
Capital                    
Capital paid in                                12,585      1,554      3,502        300      1,099      2,540        428        817        405        254        155        147      1,383
Surplus                                        11,165      1,014      3,430        294        939      2,148        516        763        236        254        153        135      1,283
Other capital                                     757          0        231          9          0        156         31         79        122          2          6         20        100
     Total liabilities and capital            799,939     41,062    326,982     30,502     35,046     64,019     58,705     69,884     23,976     16,517     21,788     35,426     76,032
                              

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
                                           Apr 6, 2005
              
Federal Reserve notes outstanding             854,076
   Less: Notes held by F.R. Banks
         not subject to collateralization     133,752
      Federal Reserve Notes to be
         collateralized                       720,324 
Collateral held against Federal Reserve            
   notes                                      720,324
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              707,087
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         737,351
   Less:face value of securities under
         reverse repurchase agreements         23,004
      U.S. Treasury and agency securities
             eligible to be pledged           714,347
   

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