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

October 12, 2000

Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks
Millions of dollars Reserve balances of depository institutions at F.R. Banks, Reserve Bank credit, and related items Reserve Bank Credit U.S. government securities (1) Bought outright-system account (2,3) Held under repurchase agreements Federal agency obligations (1) Bought outright Held under repurchase agreements Repurchase agreements — triparty (4) Acceptances Loans to depository institutions Adjustment credit Seasonal credit Extended credit Float Other F.R. assets Gold stock Special drawing rights certificate account Treasury currency outstanding Total factors supplying reserve funds Currency in circulation* Reverse repurchase agreements — triparty (4) Treasury cash holdings* Deposits, other than reserve balances, with F.R. Banks Treasury Foreign Service-related balances and adjustments (5) Other Other F.R. liabilities and capital Total factors, other than reserve balances, absorbing reserve funds Reserve balances with F.R. Banks (6) Week ended Oct 11, 2000 561,709 512,085 0 130 0 10,939 0 36 325 0 2,593 35,601 11,046 3,200 30,423 606,378 572,429 0 202 5,324 89 6,714 269 15,206 600,233 6,145 Averages of daily figures Change from week ended Oct 4, 2000 Oct 13, 1999 + 1,175 733 0 0 0 3,575 0 1 42 0 1,652 55 0 0 14 1,161 3,236 0 17 1,498 29 180 57 29 1,575 2,736 + + + + + + + + + + + + + 20,491 21,041 0 89 0 3,720 0 10 62 0 1,812 1,376 5 4,000 2,910 19,396 22,490 0 105 89 113 366 50 2,989 19,167 229 Wednesday Oct 11, 2000 564,030 512,173 0 130 0 11,540 0 32 312 0 4,016 35,827 11,046 3,200 30,423 608,699 573,571 0 250 6,162 85 6,714 253 14,993 602,030 6,669

+ + + + + + + + -

On October 11, 2000, the face amount of marketable U.S. government and federal agency securities held in custody by the Federal Reserve Banks for foreign official and international accounts was $ 694,573 million, a change of $ + 276 million for the week. The total includes $ 599,282 million of U.S. government securities and $ 95,290 million of federal agency securities. 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 $ 16,120 million (daily average over statement week) and $ 16,117 million (outstanding on Wednesday statement date) matched sale-purchase transactions, of which $ 16,120 million (daily average) and $ 16,117 million (outstanding on Wednesday statement date) were with foreign official and international accounts. Includes securities loans of $ 78 million (daily average) and $ 153 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities. 3 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 433 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 $ 6,353 million and adjustments of $ 361 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.

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks
Millions of dollars Eliminations from Consolidation ASSETS Gold certificate account Special drawing rights certificate account Coin Loans Acceptances Repurchase agreements — triparty (1) Federal agency obligations (2) Bought outright Held under repurchase agreements U.S. government securities (2) Bought outright— Bills Notes (3) Bonds (4) Total bought outright (5) Held under repurchase agreements Total U.S. government securities Total loans and securities Items in process of collection Bank premises Other assets (6) TOTAL ASSETS LIABILITIES Federal Reserve notes Reverse repurchase agreements — triparty (1) Deposits Depository institutions U.S. Treasury—general account Foreign—official accounts Other Total deposits Deferred availability cash items Other liabilities and accrued dividends (7) TOTAL LIABILITIES CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts Change Since Wednesday Oct 11, 2000 11,046 3,200 823 344 0 11,540 130 0 185,114 235,726 91,333 512,173 0 512,173 524,187 14,877 1,432 34,527 590,093 544,222 0 13,549 6,162 85 253 20,050 10,827 4,287 579,386 6,945 2,679 1,083 + + + + + + + + + + + + + + + + Wednesday Oct 4, 2000 0 0 3 4 0 835 0 0 770 1 1 771 0 771 68 4,615 2 390 4,938 2,318 0 1,519 1,344 11 14 177 2,688 36 4,792 2 0 144 Wednesday Oct 13, 1999 + + + + + + + + + + + + + + + + 5 4,000 519 83 0 3,980 68 0 14,309 23,920 11,279 20,891 0 20,891 16,926 1,000 91 1,478 16,009 19,679 0 1,875 1,214 199 17 877 12 25 18,816 609 3,273 142

-

(800) (800)

(0) (0) (800) (800)

1 Cash value of agreements arranged through third-party custodial banks. 2 Face value of the securities. 3 Includes $ 4,857 million of inflation-indexed securities valued at the original face amount and $ 342 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 $ 91 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,117 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 153 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.

Maturity Distribution of Loans and Securities, October 11, 2000
Millions of dollars U.S. government securities (1,2) Weekly Holdings changes 19,633 112,647 124,621 130,581 53,529 71,163 512,173 + + + 5,119 129 4,220 0 1 0 771 Federal agency obligations(2) Weekly Holdings changes 0 0 0 30 100 0 130 0 0 0 0 0 0 0 Reverse Repurchase Repurchase Agreements— Agreements— Triparty (3) Triparty (3) 7,545 3,995 ——— ——— ——— ——— 11,540 0 0 ——— ——— ——— ——— 0

Loans 100 245 0 ——— ——— ——— 344

Within 15 days 16 days to 90 days 91 days to 1 year Over 1 year to 5 years Over 5 years to 10 years Over 10 years Total

1 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 433 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 October 11, 2000
Millions of dollars Total ASSETS Gold certificate account Special drawing rights certif. acct. Coin Loans Acceptances Repurchase agreements — triparty (1) Federal agency obligations (2) Bought outright Held under repurchase agreements U.S. government securities (2) Bought outright— Bills Notes (3) Bonds (4) Total bought outright (5) Held under repurchase agreements Total U.S. govt. securities Total loans and securities 11,046 3,200 823 344 0 11,540 130 0 185,114 235,726 91,333 512,173 0 512,173 524,187 Boston 535 167 22 5 0 0 7 0 10,627 13,533 5,243 29,403 0 29,403 29,415 New York Philadelphia Cleveland Richmond 4,428 1,271 66 0 0 11,540 50 0 71,455 90,991 35,255 197,700 0 197,700 209,290 414 120 49 0 0 0 5 0 7,710 9,818 3,804 21,332 0 21,332 21,338 520 151 52 0 0 0 7 0 10,359 13,191 5,111 28,662 0 28,662 28,669 750 213 100 26 0 0 8 0 10,867 13,838 5,361 30,066 0 30,066 30,099 Atlanta 802 242 105 9 0 0 9 0 12,322 15,691 6,079 34,092 0 34,092 34,109 Chicago 1,064 309 99 72 0 0 16 0 22,142 28,196 10,925 61,264 0 61,264 61,351 St. Louis Minneapolis 359 103 43 73 0 0 5 0 7,032 8,955 3,469 19,456 0 19,456 19,534 158 44 27 80 0 0 1 0 779 992 384 2,156 0 2,156 2,236 Kansas City 340 96 61 69 0 0 4 0 6,169 7,855 3,044 17,068 0 17,068 17,141 Dallas 514 143 69 12 0 0 4 0 5,477 6,975 2,702 15,154 0 15,154 15,170 San Francisco 1,162 341 132 0 0 0 14 0 20,175 25,692 9,954 55,821 0 55,821 55,836 3,508 165 3,407 - 4,400 60,150

15,678 1,068 2,051 732 571 1,545 1,403 1,315 564 902 873 1,146 Items in process of collection 1,432 94 165 49 156 125 228 104 33 126 49 138 Bank premises 34,527 1,649 11,611 1,250 2,024 5,220 2,257 3,347 1,022 682 1,000 1,058 Other assets (6) 0 + 534 +18,078 - 1,072 + 1,199 541 + 1,832 - 6,093 - 1,351 - 1,228 - 1,664 - 5,294 Interdistrict settlement account 590,893 33,484 246,960 22,879 33,341 37,511 40,978 61,497 20,306 2,947 17,896 12,943 TOTAL ASSETS 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 $ 4,857 million of inflation-indexed securities valued at the original face amount and $ 342 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 $ 91 million of compensation that adjusts for the effects of inflation on the principal of such securities. 5 Net of $ 16,117 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 153 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 October 11, 2000
Millions of dollars Total LIABILITIES Federal Reserve notes Reverse repurchase agreements—triparty (1) Deposits Depository institutions U.S. Treasury—general account Foreign—official accounts Other Total deposits Deferred credit items Other liabilities and accrued dividends (2) TOTAL LIABILITIES CAPITAL ACCOUNTS Capital paid in Surplus Other capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS FEDERAL RESERVE AGENTS’ ACCOUNTS 763,100 37,277 305,598 31,900 37,315 52,390 61,352 70,187 23,771 9,828 21,772 33,059 F.R. notes outstanding 218,878 6,345 73,927 10,459 6,311 19,480 23,574 12,769 4,588 8,648 5,314 21,915 Less—Held by F.R. Banks 544,222 30,932 231,671 21,441 31,004 32,910 37,779 57,418 19,183 1,180 16,459 11,144 F.R. notes, net Collateral held against F.R. notes 11,046 Gold certificate account Special drawing rights 3,200 certificate account 6,133 Other eligible assets 523,843 U.S. govt. and agency securities (3) 544,222 Total collateral 1 Cash value of agreements arranged through third-party custodial banks. These agreements are collateralized by U.S. government and 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. 78,650 25,547 53,103 544,222 0 13,549 6,162 85 254 20,050 11,627 4,287 580,186 6,945 2,679 1,083 590,893 Boston 30,932 0 868 0 1 0 870 827 253 32,882 368 120 114 33,484 New York Philadelphia Cleveland Richmond 231,671 0 3,505 6,162 61 132 9,860 1,505 1,457 244,494 1,493 552 421 246,960 21,441 0 426 0 1 1 428 480 193 22,543 214 83 39 22,879 31,004 0 774 0 2 4 780 616 249 32,649 460 185 47 33,341 32,910 0 855 0 8 106 969 896 310 35,085 1,685 705 36 37,511 Atlanta 37,779 0 976 0 2 0 979 1,145 327 40,229 491 192 67 40,978 Chicago 57,418 0 1,732 0 3 4 1,738 895 485 60,536 614 241 106 61,497 St. Louis Minneapolis 19,183 0 357 0 1 1 359 359 179 20,079 140 66 22 20,306 1,180 0 460 0 1 3 463 751 67 2,461 357 98 31 2,947 Kansas City 16,459 0 530 0 1 3 533 463 168 17,623 178 75 20 17,896 Dallas 11,144 0 929 0 1 1 931 418 157 12,650 188 88 17 12,943 San Francisco 53,103 0 2,137 0 3 1 2,141 3,269 442 58,954 758 275 163 60,150