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

Release Date: June 11, 1998

Release dates
Current release  Other formats: Screen reader | ASCII




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
                                                                                              June 11, 1998
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     Jun 10, 1998  Jun 3, 1998 Jun 11, 1997 Jun 10, 1998

Reserve Bank Credit  (1,2)                                  472,597    -   3,950    +  29,231      469,839
  U.S. government securities			        		      		     		   
    Bought outright-system account (3)                      440,534    -     819    +  34,857      439,240
    Held under repurchase agreements                              0    -   2,838    -   4,512            0
  Federal agency obligations			        		      		     		   
    Bought outright                                             551            0    -   1,094          551
    Held under repurchase agreements                              0    -     593    -   1,285            0
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
  
    Adjustment credit                                           112    +      77    +      87          728
    Seasonal credit                                             132    +       4    -      57          142
    Extended credit                                               0            0            0            0
   Float                                                        799    +     398    +     470       -1,419
   Other F.R. assets                                         30,469    -     178    +     765       30,598
Gold stock                                                   11,048    -       1    -       2       11,048
Special drawing rights certificate account                    9,200            0            0        9,200
Treasury currency outstanding                                25,928    +      14    +     631       25,928
        Total factors supplying reserve funds               518,772    -   3,937    +  29,860      516,015
						        		      		     		   
Currency in circulation*                                    481,565    +     105    +  29,963      482,696
Treasury cash holdings*                                         224    -       3    -     120          207
Deposits,other than reserve balances,with F.R.Banks     		      		     		   
  Treasury                                                    5,031    -     310    -     223        5,087
  Foreign                                                       162    +       2    -       9          152
  Service-related balances and adjustments (4)                6,589    -      86    -     465        6,589
  Other                                                         336    +      16    -      32          346
Other F.R. liabilities and capital                           16,709    -      13    +     963       16,656
        Total factors, other than reserve balances,     		      		     		   
        absorbing reserve funds                             510,616    -     289    +  30,076      511,734

Reserve balances with F.R. Banks  (5)                         8,157    -   3,648    -     217        4,281
						       		      		     		    
On      June 10, 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 603,167 million, a change of 
 -$ 149 million for the week.  The total includes the face value of U.S. Treasury strips and other zero
coupon bonds.
1  Net of $ 17,670 million daily average, matched sale-purchase transactions outstanding during the 
   latest statement week, of which a net of $ 16,698 million was with foreign official and international
   accounts.  Includes securities loaned--fully secured by U.S. government securities.
2  Net of $ 18,965 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week, of which a net of $ 16,065 million was with foreign official and international 
   accounts.  Includes $ 71 million securities loaned--fully secured U.S. government securities.
3  Includes $ 2,450 million of inflation-indexed securities valued at the original face amount and 
   $ 33 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Consists of required clearing balances of $ 6,449 million and adjustments of $ 140 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
                                                  *          Wednesday        Wednesday        Wednesday
                                                           Jun 10, 1998      Jun 3, 1998     Jun 11, 1997
                ASSETS
Gold certificate account                                        11,048                0        -       2
Special drawing rights certificate account                       9,200                0                0
Coin                                                               398        +      14        -     114
					      
Loans                                                              870        +     536        +     573
Acceptances                                                          0                0                0
Federal agency obligations		      
  Bought outright                                                  551                0        -   1,046
  Held under repurchase agreements (1)                               0        -   1,330        -   1,635
U.S. government securities		      
  Bought outright--Bills                                       196,734        -   2,343        +   2,347
                   Notes (2)                                   180,591        +       1        +  22,821
                   Bonds (3)                                    61,914                0        +   8,998
    Total bought outright (4)                                  439,240        -   2,342        +  34,166
  Held under repurchase agreements (1)                               0        -   4,194        -   5,759
     Total U.S. government securities                          439,240        -   6,536        +  28,407
       Total loans and securities                              440,661        -   7,330        +  26,299
					      
Items in process of collection                      (465)        6,924        -   1,783        +     795
Bank premises                                                    1,293        +       6        +      46
Other assets (5)                                                29,280        -     193        +     403
                TOTAL ASSETS                        (465)      498,803        -   9,287        +  27,426
					      
                LIABILITIES
Federal Reserve notes                                          457,373        +     429        +  29,348
Deposits		 		     
  Depository institutions                                       12,860        -   8,660        -   4,445
  U.S. Treasury--general account                                 5,087        -     123        +     311
  Foreign--official accounts                                       152        -      10        -      35
    Other                                                          346        +      12        -      15
      Total deposits                                            18,446        -   8,781        -   4,185
Deferred availability cash items                    (465)        6,328        -   1,137        +     622
Other liabilities and accrued dividends (6)                      4,821        -      85        -     118
                TOTAL LIABILITIES                   (465)      486,968        -   9,574        +  25,667
					      
                CAPITAL ACCOUNTS
Capital paid in                                                  5,789        +      62        +     916
Surplus                                                          5,220                0        +     725
Other capital accounts                                             826        +     225        +     119

*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 $ 2,050 million of inflation-indexed securities valued at the original face amount and 
   $ 32 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
3  Includes $ 400 million of inflation-indexed securities valued at the original face amount and 
   $ 1 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Net of $ 18,965 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes $ 71 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 $ 164 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,      June 10, 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         Federal agency
                    Loans   Acceptances                           securities (1)           obligations
                                                                           Weekly                 Weekly
                                                               Holdings    changes    Holdings    changes
Within 15 days        759          0     Within 15 days           7,655   -   4,300          0   -   1,330
16 to 90 days         111          0     16 to 90 days           95,934   -   2,597         75           0
Over 90 days            0          0     91 days to 1 year      144,074   +     360        148   +      23
                                         Over 1 to 5 years       97,785           0        103   -      23
                                         Over 5 to 10 years      43,014   +       1        200           0
                                         Over 10 years           50,778           0         25           0
    Total             870          0         Total              439,240   -   6,536        551   -   1,330

1  Includes $ 2,450 million of inflation-indexed securities valued at the original face amount and 
   $ 33 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      June 10, 1998
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS                        
Gold certificate account                      11,048        582      4,208        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                                             398         15         21         23         21         44         55         50         21         19         36         37         56
				       
Loans                                            870          0        700          0          0          0          6         29         20         51         18          0         46
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Federal agency obligations	       
  Bought outright                                551         30        204         16         36         43         33         53         19          6         15         25         69
  Held under repurchase agreements(1)              0          0          0          0          0          0          0          0          0          0          0          0          0
U.S. government securities	       
  Bought outright--Bills                     196,734     10,715     72,918      5,720     12,786     15,498     11,968     18,887      6,914      2,161      5,458      8,945     24,766
                   Notes (2)                 180,591      9,835     66,934      5,250     11,737     14,226     10,986     17,337      6,346      1,984      5,010      8,211     22,734
                   Bonds (3)                  61,914      3,372     22,948      1,800      4,024      4,877      3,766      5,944      2,176        680      1,718      2,815      7,794
     Total bought outright(4)                439,240     23,922    162,800     12,770     28,547     34,601     26,719     42,168     15,436      4,825     12,185     19,972     55,295
  Held under repurchase agreements(1)              0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             439,240     23,922    162,800     12,770     28,547     34,601     26,719     42,168     15,436      4,825     12,185     19,972     55,295
       Total loans and securities            440,661     23,952    163,704     12,786     28,583     34,644     26,759     42,249     15,474      4,883     12,218     19,997     55,410
				       
Items in process of collection                 7,389        472        880        253        357        386        700        695        395        579        421        427      1,822
Bank premises                                  1,293         94        158         50        149        126         82        108         31        131         54        149        160
Other assets(5)                               29,280      1,411      8,530      1,287      1,784      3,600      1,798      2,836        777        766        702      1,384      4,406
Interdistrict settlement account                   0     -2,687    +13,743       -438     -1,534     -3,622       +399     -2,293       -882       +142     +1,482     +3,367     -7,678
          TOTAL ASSETS                       499,268     24,370    194,446     14,567     30,577     36,776     31,113     45,544     16,515      6,771     15,449     26,258     56,883

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 $ 2,050 million of inflation-indexed securities valued at the original face amount and 
   $ 32 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
3  Includes $ 400 million of inflation-indexed securities valued at the original face amount and 
   $ 1 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Net of $ 18,965 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes $ 71 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 $ 164 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      June 10, 1998
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES                         
Federal Reserve notes                        457,373     22,553    182,761     12,875     28,458     32,705     27,530     41,638     15,349      5,435     14,058     23,627     50,384
Deposits			      	      
  Depository institutions                     12,860        535      1,753        756        654      1,008      1,572      1,628        449        330        528      1,521      2,125
  U.S. Treasury--general account               5,087          0      5,087          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                     152          7         37          8          9         22          9         14          3          5          3          7         26
  Other                                          346          1        103          2          7         62          1        165          1          0          2          1          2
    Total deposits                            18,446        543      6,981        765        669      1,093      1,583      1,807        453        336        533      1,530      2,153
Deferred credit items                          6,793        460        658        198        348        526        757        536        275        529        414        343      1,750
Other liabilities and accrued	      	      
  dividends (1)                                4,821        271      1,587        175        310        411        328        472        186         90        169        232        589
    TOTAL LIABILITIES                        487,433     23,827    191,987     14,013     29,787     34,735     30,198     44,453     16,263      6,390     15,173     25,731     54,876
				      	      
       CAPITAL ACCOUNTS		      	      
Capital paid in                                5,789        264      1,163        268        385      1,037        463        537        122        191        135        235        990
Surplus                                        5,220        254      1,055        273        335        818        338        502        122        189        119        271        945
Other capital accounts                           826         25        241         14         70        186        113         52          9          2         21         21         72
     TOTAL LIABILITIES AND CAPITAL    	      
        ACCOUNTS                             499,268     24,370    194,446     14,567     30,577     36,776     31,113     45,544     16,515      6,771     15,449     26,258     56,883
				      	      
FEDERAL RESERVE AGENTS' ACCOUNTS      	      
				      	      
F.R. notes outstanding                       567,057     26,448    229,058     15,431     31,457     39,705     35,934     50,427     17,590      7,131     16,332     29,260     68,283
  Less--Held by F.R. Banks                   109,683      3,895     46,297      2,556      2,999      7,000      8,404      8,789      2,241      1,696      2,274      5,633     17,899
  F.R. notes, net                            457,373     22,553    182,761     12,875     28,458     32,705     27,530     41,638     15,349      5,435     14,058     23,627     50,384
Collateral held against F.R. notes    	      
   Gold certificate account                   11,048
   Special drawing rights	      	      
     certificate account                       9,200
   Other eligible assets                           0
   U.S. govt. and agency securities          437,126
     Total collateral                        457,373

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 | Statistical releases
Accessibility
To comment on this site, please fill out our feedback form.
Last update: June 11, 1998