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

Release Date: May 6, 1999

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
                                                                                                May 6, 1999
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      May 5, 1999 Apr 28, 1999  May 6, 1998  May 5, 1999

Reserve Bank Credit  (1,2)                                  520,501    +   7,454    +  46,750      521,913
  U.S. government securities			        		      		     		
    Bought outright-system account (3)                      473,571    +   1,874    +  35,917      473,474
    Held under repurchase agreements                          9,155    +   5,251    +   6,908        9,705
  Federal agency obligations			        		      		     		
    Bought outright                                             311            0    -     240          311
    Held under repurchase agreements                          2,900    +     529    +   2,621        2,488
  Acceptances                                                     0            0            0            0
  Loans to depository institutions

    Adjustment credit                                            10    -     306    -      14           14
    Seasonal credit                                              67    +      16    -       2           75
    Extended credit                                               0            0            0            0
   Float                                                        493    -     423    -      27        1,792
   Other F.R. assets                                         33,994    +     513    +   1,587       34,055
Gold stock                                                   11,050    +       1    +       2       11,049
Special drawing rights certificate account                    8,200            0    -   1,000        8,200
Treasury currency outstanding                                26,634    +      14    +     908       26,634
        Total factors supplying reserve funds               566,385    +   7,468    +  46,660      567,797
						        		      		     		
Currency in circulation*                                    520,524    +   1,309    +  43,552      522,404
Treasury cash holdings*                                         164    +      16    -     107          147
Deposits,other than reserve balances,with F.R.Banks     		      		     		
  Treasury                                                    7,888    +     706    -     554        4,999
  Foreign                                                       210    +      28    +      50          167
  Service-related balances and adjustments (4)                6,788    -      30    +      37        6,788
  Other                                                         271    +      30    -     113          283
Other F.R. liabilities and capital                           17,253    -      51    +     484       17,004
        Total factors, other than reserve balances,     		      		     		
        absorbing reserve funds                             553,098    +   2,008    +  43,350      551,792

Reserve balances with F.R. Banks  (5)                        13,287    +   5,460    +   3,310       16,005
						       		      		     		
On        May 5, 1999, the face amount of marketable U.S. government securities held in custody by the
Federal Reserve Banks for foreign official and international accounts was    595,791 million, a change of
 +$  6,588 million for the week.  The total includes the face value of U.S. Treasury strips and other zero
coupon bonds.
1  Net of $     16,581 million daily average, matched sale-purchase transactions outstanding during the
   latest statement week, of which a net of $     16,581 million was with foreign official and international
   accounts.  Includes securities loaned--fully secured by U.S. government securities.
2  Net of $     16,680 million matched sale-purchase transactions outstanding at the end of the latest
   statement week, of which a net of $     16,680 million was with foreign official and international
   accounts.  Includes $          0 million securities loaned--fully secured U.S. government securities.
3  Includes $      4,437 million of inflation-indexed securities valued at the original face amount and
   $         94 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
4  Consists of required clearing balances of $      6,460 million and adjustments of $        328 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
                                                            May 5, 1999     Apr 28, 1999      May 6, 1998
                ASSETS
Gold certificate account                                        11,049        +       1        +       1
Special drawing rights certificate account                       8,200                0        -   1,000
Coin                                                               411        -       5        -      46
					
Loans                                                               90        +      24        +      21
Acceptances                                                          0                0                0
Federal agency obligations		
  Bought outright                                                  311                0        -     240
  Held under repurchase agreements (1)                           2,488        -     527        +   2,488
U.S. government securities		
  Bought outright--Bills                                       199,020        -     155        +   3,839
                   Notes (2)                                   199,723        +       2        +  19,136
                   Bonds (3)                                    74,731        +       1        +  12,818
    Total bought outright (4)                                  473,474        -     153        +  35,792
  Held under repurchase agreements (1)                           9,705        +   2,975        +   9,705
     Total U.S. government securities                          483,179        +   2,822        +  45,497
       Total loans and securities                              486,067        +   2,319        +  47,766
					
Items in process of collection                      (576)       10,747        +   2,493        +   2,204
Bank premises                                                    1,311                0        +      26
Other assets (5)                                                32,671        -      88        +   1,628
                TOTAL ASSETS                        (576)      550,456        +   4,720        +  50,579
					
                LIABILITIES
Federal Reserve notes                                          496,328        +   1,722        +  42,647
Deposits		 		
  Depository institutions                                       22,932        +   5,490        +   5,203
  U.S. Treasury--general account                                 4,999        -   3,546        +     892
  Foreign--official accounts                                       167        -       1        +      13
    Other                                             (0)          283        +      46        -      92
      Total deposits                                  (0)       28,380        +   1,988        +   6,015
Deferred availability cash items                    (576)        8,743        +   1,061        +   1,362
Other liabilities and accrued dividends (6)                      4,411        +     181        -     391
                TOTAL LIABILITIES                   (576)      537,863        +   4,952        +  49,634
					
                CAPITAL ACCOUNTS
Capital paid in                                                  6,187        +       7        +     700
Surplus                                                          5,952                0        +     732
Other capital accounts                                             454        -     239        -     487

*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 $      3,267 million of inflation-indexed securities valued at the original face amount and
   $         79 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
3  Includes $      1,170 million of inflation-indexed securities valued at the original face amount and
   $         15 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
4  Net of $     16,680 million matched sale-purchase transactions outstanding at the end of the latest
   statement week.  Includes $          0 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 $          0 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,        May 5, 1999
Holdings of securities include securitites held under repurchase agreements, which are classified according
to remaining maturity.

Millions of dollars
                                                                 U.S. government         Federal agency
                    Loans   Acceptances                           securities (1)           obligations
                                                                           Weekly                 Weekly
                                                               Holdings    changes    Holdings    changes
Within 15 days         29          0     Within 15 days          23,146   +   1,111      2,488   -     527
16 to 90 days          60          0     16 to 90 days           97,850   -   3,016         37           0
Over 90 days            0          0     91 days to 1 year      138,846   +   4,835         79           0
                                         Over 1 to 5 years      115,148   -     110         20           0
                                         Over 5 to 10 years      47,547   +       2        175           0
                                         Over 10 years           60,643   +       1          0           0
    Total              90          0         Total              483,179   +   2,822      2,799   -     527

1  Includes $      4,437 million of inflation-indexed securities valued at the original face amount and
   $         94 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        May 5, 1999
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS
Gold certificate account                      11,049        533      4,436        319        566        834        724        993        337        140        313        575      1,279
Special drawing rights certif. acct.           8,200        406      3,215        247        396        683        596        725        232        103        231        451        915
Coin                                             411         22         19         51         23         50         42         50         16         27         27         37         48
				
Loans                                             90          8          0          2          0          0          7         26         17         15         11          0          4
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Federal agency obligations	
  Bought outright                                311         16        124          9         18         23         19         29         10          4          9         15         33
  Held under repurchase agreements(1)          2,488          0      2,488          0          0          0          0          0          0          0          0          0          0
U.S. government securities	
  Bought outright--Bills                     199,020     10,292     79,259      5,961     11,520     14,972     12,114     18,692      6,547      2,380      5,968      9,917     21,398
                   Notes (2)                 199,723     10,328     79,539      5,982     11,561     15,025     12,157     18,758      6,570      2,389      5,989      9,952     21,474
                   Bonds (3)                  74,731      3,865     29,761      2,238      4,326      5,622      4,549      7,019      2,458        894      2,241      3,724      8,035
     Total bought outright(4)                473,474     24,485    188,559     14,181     27,407     35,619     28,820     44,469     15,574      5,663     14,199     23,592     50,906
  Held under repurchase agreements(1)          9,705          0      9,705          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             483,179     24,485    198,264     14,181     27,407     35,619     28,820     44,469     15,574      5,663     14,199     23,592     50,906
       Total loans and securities            486,067     24,509    200,875     14,193     27,425     35,643     28,846     44,524     15,602      5,682     14,219     23,607     50,943
				
Items in process of collection                11,323        638      1,137        468        608        850      1,283        821        650        692        903        707      2,565
Bank premises                                  1,311         93        160         50        157        125         93        107         31        130         53        148        164
Other assets(5)                               32,671      1,446     11,501        906      1,879      4,357      2,010      2,855        802        725        814      1,320      4,056
Interdistrict settlement account                   0    + 2,512    - 8,946    + 5,227    - 2,040    - 8,594    - 1,816    +11,227    + 1,905    - 2,801    + 1,897    -   705    + 2,135
          TOTAL ASSETS                       551,031     30,159    212,398     21,462     29,014     33,947     31,777     61,300     19,575      4,697     18,456     26,141     62,105

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 $      3,267 million of inflation-indexed securities valued at the original face amount and
   $         79 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
3  Includes $      1,170 million of inflation-indexed securities valued at the original face amount and
   $         15 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
4  Net of $     16,680 million matched sale-purchase transactions outstanding at the end of the latest
   statement week.  Includes $          0 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 $          0 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        May 5, 1999
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES
Federal Reserve notes                        496,328     27,426    197,302     19,990     26,011     28,154     27,970     55,035     17,828      2,788     16,517     23,869     53,438
Deposits			      	
  Depository institutions                     22,932      1,343      4,377        601      1,537      2,084      1,603      3,842        933        722        905      1,143      3,841
  U.S. Treasury--general account               4,999          0      4,999          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                     167          7         51          4         10         30         10         14          3          5          3          6         24
  Other                                          283          0        140          0          1        114          6          1          5          3          7          2          1
    Total deposits                            28,381      1,350      9,567        606      1,548      2,229      1,619      3,858        941        730        915      1,151      3,866
Deferred credit items                          9,319        573      1,107        301        402        704      1,054        789        354        674        544        436      2,380
Other liabilities and accrued	      	
  dividends (1)                                4,411        228      1,657        156        254        346        296        406        161         87        157        218        445
    TOTAL LIABILITIES                        538,438     29,577    209,633     21,052     28,216     31,433     30,939     60,088     19,283      4,279     18,133     25,674     60,129
				      	
       CAPITAL ACCOUNTS		      	
Capital paid in                                6,187        285      1,307        202        394      1,265        415        598        140        210        158        227        984
Surplus                                        5,952        267      1,208        177        399      1,238        418        583        121        202        140        227        972
Other capital accounts                           454         29        249         31          6         12          4         31         31          5         24         13         20
     TOTAL LIABILITIES AND CAPITAL    	
        ACCOUNTS                             551,031     30,159    212,398     21,462     29,014     33,947     31,777     61,300     19,575      4,697     18,456     26,141     62,105
				      	
FEDERAL RESERVE AGENTS' ACCOUNTS      	
				      	
F.R. notes outstanding                       690,922     32,449    274,210     23,033     31,578     51,212     46,132     67,677     22,055     10,486     21,802     34,817     75,471
  Less--Held by F.R. Banks                   194,594      5,023     76,907      3,043      5,567     23,058     18,162     12,642      4,227      7,698      5,285     10,948     22,032
  F.R. notes, net                            496,328     27,426    197,302     19,990     26,011     28,154     27,970     55,035     17,828      2,788     16,517     23,869     53,438
Collateral held against F.R. notes    	
   Gold certificate account                   11,049
   Special drawing rights	      	
     certificate account                       8,200
   Other eligible assets                           0
   U.S. govt. and agency securities          477,079
     Total collateral                        496,328

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: May 6, 1999