Skip to Content
Release Date: August 13, 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
August 13, 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 Aug 12, 1998 Aug 5, 1998 Aug 13, 1997 Aug 12, 1998
Reserve Bank Credit (1,2) 481,990 + 1,309 + 32,405 489,822
U.S. government securities
Bought outright-system account (3) 441,906 + 814 + 31,723 442,278
Held under repurchase agreements 2,592 - 2,045 - 2,203 5,755
Federal agency obligations
Bought outright 479 - 46 - 560 451
Held under repurchase agreements 3,135 + 1,860 + 2,326 6,135
Acceptances 0 0 0 0
Loans to depository institutions
Adjustment credit 2 - 56 - 6 2
Seasonal credit 243 + 4 - 122 246
Extended credit 0 0 0 0
Float 665 + 571 + 48 1,173
Other F.R. assets 32,969 + 207 + 1,199 33,783
Gold stock 11,045 - 1 - 5 11,045
Special drawing rights certificate account 9,200 0 0 9,200
Treasury currency outstanding 25,934 + 14 + 549 25,934
Total factors supplying reserve funds 528,170 + 1,322 + 32,948 536,001
Currency in circulation* 488,267 + 1,304 + 31,609 489,478
Treasury cash holdings* 138 - 3 - 167 138
Deposits,other than reserve balances,with F.R.Banks
Treasury 4,839 - 395 - 126 5,138
Foreign 177 + 16 + 7 163
Service-related balances and adjustments (4) 6,993 + 14 - 98 6,993
Other 330 + 38 - 21 336
Other F.R. liabilities and capital 16,792 - 31 + 1,729 16,737
Total factors, other than reserve balances,
absorbing reserve funds 517,535 + 942 + 32,933 518,982
Reserve balances with F.R. Banks (5) 10,634 + 380 + 15 17,019
On August 12, 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 587,542 million, a change of
-$ 5,791 million for the week. The total includes the face value of U.S. Treasury strips and other zero
coupon bonds.
1 Net of $ 16,048 million daily average, matched sale-purchase transactions outstanding during the
latest statement week, of which a net of $ 16,048 million was with foreign official and international
accounts. Includes securities loaned--fully secured by U.S. government securities.
2 Net of $ 15,677 million matched sale-purchase transactions outstanding at the end of the latest
statement week, of which a net of $ 15,677 million was with foreign official and international
accounts. Includes $ 646 million securities loaned--fully secured U.S. government securities.
3 Includes $ 2,850 million of inflation-indexed securities valued at the original face amount and
$ 46 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Consists of required clearing balances of $ 6,751 million and adjustments of $ 242 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
Aug 12, 1998 Aug 5, 1998 Aug 13, 1997
ASSETS
Gold certificate account 11,045 - 2 - 6
Special drawing rights certificate account 9,200 0 0
Coin 413 + 1 - 80
Loans 248 - 288 - 127
Acceptances 0 0 0
Federal agency obligations
Bought outright 451 - 75 - 580
Held under repurchase agreements (1) 6,135 + 4,180 + 4,130
U.S. government securities
Bought outright--Bills 200,023 + 369 + 3,443
Notes (2) 178,888 + 1 + 18,363
Bonds (3) 63,367 0 + 9,106
Total bought outright (4) 442,278 + 370 + 30,912
Held under repurchase agreements (1) 5,755 + 5,225 - 5,188
Total U.S. government securities 448,033 + 5,595 + 25,724
Total loans and securities 454,866 + 9,412 + 29,148
Items in process of collection (547) 7,379 - 1,002 + 1,328
Bank premises 1,292 + 3 + 30
Other assets (5) 32,498 + 1,246 + 1,431
TOTAL ASSETS (547) 516,694 + 9,659 + 31,851
LIABILITIES
Federal Reserve notes 464,095 + 934 + 31,117
Deposits
Depository institutions 23,943 + 9,641 - 1,563
U.S. Treasury--general account 5,138 + 93 + 459
Foreign--official accounts 163 - 5 - 28
Other 336 - 10 - 23
Total deposits 29,579 + 9,719 - 1,154
Deferred availability cash items (547) 6,282 - 1,228 + 450
Other liabilities and accrued dividends (6) 4,700 + 67 - 86
TOTAL LIABILITIES (547) 504,656 + 9,492 + 30,327
CAPITAL ACCOUNTS
Capital paid in 5,846 + 5 + 708
Surplus 5,220 0 + 725
Other capital accounts 971 + 162 + 92
*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
$ 40 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
3 Includes $ 800 million of inflation-indexed securities valued at the original face amount and
$ 6 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Net of $ 15,677 million matched sale-purchase transactions outstanding at the end of the latest
statement week. Includes $ 646 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 $ 130 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, August 12, 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 55 0 Within 15 days 23,237 + 5,484 6,135 + 4,130
16 to 90 days 193 0 16 to 90 days 89,266 - 15 48 0
Over 90 days 0 0 91 days to 1 year 143,570 + 125 114 0
Over 1 to 5 years 96,711 0 104 0
Over 5 to 10 years 43,018 0 185 0
Over 10 years 52,231 0 0 - 25
Total 248 0 Total 448,033 + 5,595 6,586 + 4,105
1 Includes $ 2,850 million of inflation-indexed securities valued at the original face amount and
$ 46 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 August 12, 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 11,045 582 4,205 323 643 807 717 998 358 128 289 530 1,465
Special drawing rights certif. acct. 9,200 530 3,202 282 574 792 602 900 340 123 247 367 1,241
Coin 413 12 23 14 28 40 71 59 22 15 27 51 52
Loans 248 0 0 0 0 0 7 44 40 96 37 2 23
Acceptances 0 0 0 0 0 0 0 0 0 0 0 0 0
Federal agency obligations
Bought outright 451 25 167 13 29 35 27 43 16 5 12 20 57
Held under repurchase agreements(1) 6,135 0 6,135 0 0 0 0 0 0 0 0 0 0
U.S. government securities
Bought outright--Bills 200,023 10,894 74,136 5,815 13,000 15,757 12,168 19,203 7,029 2,197 5,549 9,095 25,180
Notes (2) 178,888 9,743 66,303 5,201 11,626 14,092 10,882 17,174 6,286 1,965 4,962 8,134 22,520
Bonds (3) 63,367 3,451 23,487 1,842 4,118 4,992 3,855 6,083 2,227 696 1,758 2,881 7,977
Total bought outright(4) 442,278 24,087 163,926 12,859 28,745 34,840 26,904 42,459 15,542 4,859 12,269 20,110 55,677
Held under repurchase agreements(1) 5,755 0 5,755 0 0 0 0 0 0 0 0 0 0
Total U.S. govt. securities 448,033 24,087 169,681 12,859 28,745 34,840 26,904 42,459 15,542 4,859 12,269 20,110 55,677
Total loans and securities 454,866 24,112 175,983 12,872 28,774 34,876 26,938 42,546 15,598 4,960 12,319 20,132 55,757
Items in process of collection 7,926 605 757 299 320 496 1,299 560 237 562 497 429 1,863
Bank premises 1,292 93 159 50 152 128 76 108 31 131 54 149 160
Other assets(5) 32,498 1,537 10,289 1,359 1,936 3,801 1,947 3,004 856 797 768 1,492 4,714
Interdistrict settlement account 0 -1,971 +13,203 +43 -2,709 +139 -701 -2,965 -1,029 +556 +1,273 +2,478 -8,318
TOTAL ASSETS 517,240 25,500 207,820 15,243 29,718 41,079 30,950 45,210 16,412 7,272 15,474 25,628 56,934
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
$ 40 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
3 Includes $ 800 million of inflation-indexed securities valued at the original face amount and
$ 6 million of compensation that adjusts for the effects of inflation on the principal of such
securities.
4 Net of $ 15,677 million matched sale-purchase transactions outstanding at the end of the latest
statement week. Includes $ 646 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 $ 130 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 August 12, 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 464,095 22,740 191,405 13,517 26,915 34,857 26,990 40,500 14,890 5,563 13,787 22,823 50,108
Deposits
Depository institutions 23,943 1,478 6,262 751 1,407 3,094 1,994 2,459 823 679 790 1,734 2,470
U.S. Treasury--general account 5,138 0 5,138 0 0 0 0 0 0 0 0 0 0
Foreign--official accounts 163 7 48 8 9 22 9 14 3 5 3 7 26
Other 336 1 103 0 2 86 3 132 0 0 7 1 1
Total deposits 29,579 1,486 11,551 759 1,419 3,203 2,007 2,605 827 684 800 1,742 2,496
Deferred credit items 6,829 464 717 226 287 525 698 558 257 547 444 315 1,789
Other liabilities and accrued
dividends (1) 4,700 258 1,643 166 295 373 312 447 180 88 163 222 553
TOTAL LIABILITIES 505,203 24,949 205,316 14,668 28,916 38,957 30,008 44,110 16,154 6,882 15,194 25,101 54,947
CAPITAL ACCOUNTS
Capital paid in 5,846 267 1,180 286 391 1,049 466 539 123 196 137 233 979
Surplus 5,220 254 1,055 273 335 818 338 502 122 189 119 271 945
Other capital accounts 971 31 269 16 75 255 138 59 14 5 24 23 63
TOTAL LIABILITIES AND CAPITAL
ACCOUNTS 517,240 25,500 207,820 15,243 29,718 41,079 30,950 45,210 16,412 7,272 15,474 25,628 56,934
FEDERAL RESERVE AGENTS' ACCOUNTS
F.R. notes outstanding 572,144 27,099 233,789 15,837 30,625 41,701 35,604 49,808 17,525 7,217 16,068 29,334 67,536
Less--Held by F.R. Banks 108,049 4,359 42,384 2,321 3,710 6,844 8,614 9,308 2,635 1,654 2,281 6,511 17,428
F.R. notes, net 464,095 22,740 191,405 13,517 26,915 34,857 26,990 40,500 14,890 5,563 13,787 22,823 50,108
Collateral held against F.R. notes
Gold certificate account 11,045
Special drawing rights
certificate account 9,200
Other eligible assets 0
U.S. govt. and agency securities 443,850
Total collateral 464,095
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: August 13, 1998