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

Release Date: December 30, 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
                                                                                          December 30, 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     Dec 29, 1999 Dec 22, 1999 Dec 30, 1998 Dec 29, 1999

Reserve Bank Credit                                         618,779    +  24,362    + 107,821      644,623
  U.S. government securities (1)
    Bought outright-system account (2,3)                    489,170    -   5,427    +  34,979      483,417
    Held under repurchase agreements                              0            0    -  11,000            0
  Federal agency obligations (1)
    Bought outright                                             181            0    -     157          181
    Held under repurchase agreements                              0            0    -   5,570            0
  Repurchase agreements -- triparty (4)                      93,154    +  28,739    +  93,154      122,870
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                           361    +     278    +      16        1,609
    Seasonal credit                                              78    -       2    +      58           76
    Special Liquidity Facility                                  223    +     198    +     223        1,187
    Extended credit                                               0            0            0            0
   Float                                                        628    +      20    -   2,762          106
   Other F.R. assets                                         34,984    +     556    -   1,119       35,177
Gold stock                                                   11,048    -       1    +       5       11,048
Special drawing rights certificate account                    6,200            0    -   3,000        6,200
Treasury currency outstanding                                27,748    +      14    +   1,496       27,748
        Total factors supplying reserve funds               663,775    +  24,376    + 106,322      689,619

Currency in circulation*                                    619,081    +  16,738    + 102,299      628,357
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         109            0    +      24          109
Deposits,other than reserve balances,with F.R.Banks
  Treasury                                                   12,138    +   5,932    +   4,943       25,923
  Foreign                                                        99    +      41    -      75          234
  Service-related balances and adjustments (5)                7,783    +      13    +     931        7,783
  Other                                                         195    -      18    -      40          183
Other F.R. liabilities and capital                           18,625    -      38    +   1,473       18,284
        Total factors, other than reserve balances,
        absorbing reserve funds                             658,031    +  22,669    + 109,556      680,873

Reserve balances with F.R. Banks  (6)                         5,745    +   1,708    -   3,233        8,746

On  December 29, 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    638,956 million, a change of
 +$ 13,379 million for the week.  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 $     27,973 million (daily average over statement week) and $     33,727 million (outstanding on
   Wednesday statement date) matched sale-purchase transactions, of which $     27,973 million (daily average)
   and $     33,727 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $        886 million (daily average) and $      3,235 million
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $      5,476 million of inflation-indexed securities valued at the original face amount and
   $        227 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 $      7,424 million and adjustments of $        360 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.

Note: On December 29, 1999, option contracts on repurchase agreements were outstanding as follows:
$    222,950 million with exercise dates from December 30, 1999 through January 5, 2000; and
$    144,000 million with exercise dates from January 6, 2000 through January 12, 2000.
Of the $    113,850 million of contracts written with exercise dates from December 23 through December 29,
$          0 million(daily average) and $          0 million (on December 29) were exercised and
are reflected in the repurchase agreement data shown on this release.  Further details on these contracts
can be found on the website of the Federal Reserve Bank of New York (http://www.newyorkfed.org/pihome/news/announce).

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS
Millions of Dollars
                                                                                    Change Since
                                                  *          Wednesday        Wednesday        Wednesday
                                                           Dec 29, 1999     Dec 22, 1999     Dec 30, 1998
                ASSETS
Gold certificate account                                        11,048                0        +       2
Special drawing rights certificate account                       6,200                0        -   3,000
Coin                                                               203        -      35        -     157
Loans                                                            2,872        +   2,654        +   1,203
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                          122,870        +  49,785        + 122,870
Federal agency obligations (2)
  Bought outright                                                  181                0        -     157
  Held under repurchase agreements                                   0                0        -   7,388
U.S. government securities (2)
  Bought outright--Bills                                       181,973        -  11,861        -  15,431
                   Notes (3)                                   218,466        +     886        +  30,571
                   Bonds (4)                                    82,978        +       1        +  13,504
    Total bought outright (5)                                  483,417        -  10,974        +  28,645
  Held under repurchase agreements (1)                               0                0        -  15,549
     Total U.S. government securities                          483,417        -  10,974        +  13,096
       Total loans and securities                              609,340        +  41,464        + 129,624

Items in process of collection                      (667)        6,925        -   1,971        -   1,970
Bank premises                                                    1,356                0        +      59
Other assets (6)                                                33,833        +     490        -   1,976
                TOTAL ASSETS                        (667)      668,906        +  39,949        + 122,584

                LIABILITIES
Federal Reserve notes                                          600,921        +  16,683        + 108,397
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits
  Depository institutions                                       16,729        +   3,402        -   2,202
  U.S. Treasury--general account                                25,923        +  21,182        +  15,749
  Foreign--official accounts                                       234        +     146        +      68
    Other                                             (0)          183        -      27        +      19
      Total deposits                                  (0)       43,069        +  24,703        +  13,634
Deferred availability cash items                    (667)        6,632        -   1,348        -     774
Other liabilities and accrued dividends (7)                      4,478        -     127        +      14
                TOTAL LIABILITIES                   (667)      655,099        +  39,909        + 121,270

                CAPITAL ACCOUNTS
Capital paid in                                                  6,432        +       7        +     481
Surplus                                                          5,952                0        +     706
Other capital accounts                                           1,422        +      32        +     126

*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 $      3,938 million of inflation-indexed securities valued at the original face amount and
   $        178 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
4  Includes $      1,538 million of inflation-indexed securities valued at the original face amount and
   $         49 million of compensation that adjusts for the effects of inflation on the principal of such
   securities.
5  Net of $     33,727 million matched sale-purchase transactions outstanding at the end of the latest
   statement week.  Includes securities loans of $      3,235 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,  December 29, 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                      Reverse
                     Loans          securities (1,2)        obligations(2)        Repurchase   Repurchase
                                              Weekly                  Weekly      Agreements   Agreements
                                  Holdings    changes      Holdings    changes    Triparty(3)  Triparty(3)
Within 15 days           2,851       15,634   +   2,763            0           0       82,055           0
16 to 90 days               10       83,448   -  14,219           31           0       40,815           0
91 days to 1 year           11      141,030   -     405           20           0     ------      ------
Over 1 to 5 years                   125,929   +     885           10           0     ------      ------
Over 5 to 10 years                   51,106   +       1          120           0     ------      ------
Over 10 years                        66,270   +       1            0           0     ------      ------
                   		 	
Total                    2,872      483,417   -  10,974          181           0      122,870           0

1  Includes $      5,476 million of inflation-indexed securities valued at the original face amount and
   $        227 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  December 29, 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                      11,048        533      4,435        319        566        834        724        993        337        140        313        575      1,279
Special drawing rights certif. acct.           6,200        307      2,431        187        299        516        450        549        175         78        175        341        692
Coin                                             203          4         10          8         12         35         19         31          9         12         16         15         32

Loans                                          2,872        222        743         10         21         18        436      1,262         86         14         18         13         29
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)         122,870          0    122,870          0          0          0          0          0          0          0          0          0          0
Federal agency obligations(2)
  Bought outright                                181          9         72          5         10         14         11         17          6          2          5          9         19
  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                     181,973      9,410     72,470      5,450     10,533     13,690     11,077     17,091      5,986      2,176      5,457      9,067     19,565
                   Notes (3)                 218,466     11,298     87,003      6,543     12,646     16,435     13,298     20,518      7,186      2,613      6,551     10,886     23,489
                   Bonds (4)                  82,978      4,291     33,046      2,485      4,803      6,242      5,051      7,793      2,729        992      2,488      4,135      8,922
     Total bought outright(5)                483,417     24,999    192,519     14,479     27,982     36,367     29,425     45,403     15,902      5,782     14,497     24,087     51,975
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             483,417     24,999    192,519     14,479     27,982     36,367     29,425     45,403     15,902      5,782     14,497     24,087     51,975
       Total loans and securities            609,340     25,230    316,204     14,495     28,014     36,399     29,872     46,681     15,994      5,798     14,520     24,109     52,024

Items in process of collection                 7,592        520        947        256        321        509        657        641        291        492        467        290      2,203
Bank premises                                  1,356         93        164         50        156        125        139        107         32        128         51        146        165
Other assets(5)                               33,833      1,516     11,481      1,015      1,974      4,613      2,108      3,003        841        765        852      1,383      4,281
Interdistrict settlement account                   0    + 9,130    -64,516    + 8,904    + 3,236    -   298    +13,394    +20,812    + 5,476    - 3,009    + 3,881    - 9,039    +12,029
          TOTAL ASSETS                       669,573     37,332    271,156     25,234     34,578     42,733     47,363     72,817     23,156      4,405     20,275     17,820     72,704

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 $      3,938 million of inflation-indexed securities valued at the original face amount and  $        178 million
   of compensation that adjusts for the effects of inflation on the principal of such  securities.
4  Includes $      1,538 million of inflation-indexed securities valued at the original face amount and  $         49 million
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     33,727 million matched sale-purchase transactions outstanding at the end of the latest statement week.
   Includes securities loans of $      3,235 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  December 29, 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                         600,921     34,858    236,334     23,451     31,763     37,130     44,161     68,412     21,608      2,788     18,859     15,238     66,318
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits
  Depository institutions                      16,729      1,236      3,154        881      1,368      1,186      1,123      2,197        812        581        525      1,614      2,051
  U.S. Treasury--general account               25,923          0     25,923          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                      234          1        210          1          2          6          2          3          1          1          1          1          5
  Other                                           183          2        149          0          5         15          1          1          1          0          2          4          2
    Total deposits                             43,069      1,239     29,437        882      1,375      1,207      1,126      2,201        813        582        528      1,619      2,058
Deferred credit items                           7,299        386        840        327        266        583        811        571        231        465        353        275      2,192
Other liabilities and accrued
  dividends (2)                                 4,478        243      1,568        162        263        388        314        429        171         95        164        227        456
    TOTAL LIABILITIES                         655,766     36,726    268,179     24,822     33,667     39,308     46,412     71,614     22,823      3,930     19,904     17,358     71,024

       CAPITAL ACCOUNTS
Capital paid in                                 6,432        290      1,325        199        444      1,691        460        578        158        235        179        211        660
Surplus                                         5,952        267      1,208        177        399      1,238        418        583        121        202        140        227        972
Other capital accounts                          1,422         50        444         36         68        496         72         42         54         37         51         24         49
     TOTAL LIABILITIES AND CAPITAL
        ACCOUNTS                              669,573     37,332    271,156     25,234     34,578     42,733     47,363     72,817     23,156      4,405     20,275     17,820     72,704

FEDERAL RESERVE AGENTS' ACCOUNTS

F.R. notes outstanding                        822,441     42,821    326,595     30,951     38,934     54,814     62,169     79,345     26,464     11,358     24,612     36,712     87,666
  Less--Held by F.R. Banks                    221,520      7,963     90,261      7,500      7,171     17,684     18,009     10,932      4,856      8,569      5,753     21,474     21,348
  F.R. notes, net                             600,921     34,858    236,334     23,451     31,763     37,130     44,161     68,412     21,608      2,788     18,859     15,238     66,318
Collateral held against F.R. notes
   Gold certificate account                    11,048
   Special drawing rights
     certificate account                        6,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        583,673
     Total collateral                         600,921

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.

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: December 30, 1999