Reserve Bank Credit 559,523 - 2,351 + 15,950 560,096

U.S. government securities (1)

Bought outright-system account (2,3) 510,464 + 979 + 19,753 511,038

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 130 0 - 64 130

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 11,689 - 2,641 - 5,372 9,995

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 175 - 124 + 135 13

Seasonal credit 277 - 24 + 86 270

Extended credit 0 0 0 0

Float 400 - 771 + 76 2,036

Other F.R. assets 36,389 + 231 + 1,342 36,615

Gold stock 11,046 0 - 4 11,046

Special drawing rights certificate account 3,200 0 - 4,000 3,200

Treasury currency outstanding 30,647 + 14 + 3,052 30,647

Total factors supplying reserve funds 604,416 - 2,336 + 14,998 604,989

Currency in circulation* 570,581 - 1,522 + 17,300 571,377

Reverse repurchase agreements — triparty (4) 0 0 0 0

Treasury cash holdings* 289 + 33 + 197 289

Deposits, other than reserve balances, with F.R. Banks

Treasury 5,278 + 108 + 72 4,207

Foreign 91 - 17 - 89 71

Service-related balances and adjustments (5) 6,698 + 84 - 364 6,698

Other 241 - 9 - 19 241

Other F.R. liabilities and capital 16,066 + 639 - 2,176 16,254

Total factors, other than reserve balances,

absorbing reserve funds 599,243 - 685 + 14,920 599,137

Reserve balances with F.R. Banks (6) 5,173 - 1,651 + 78 5,852

FEDERAL RESERVE

 October 26, 2000

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 Federal Reserve Banks

Millions of dollars

Averages of daily figures

Reserve balances of depository institutions at

F.R. Banks, Reserve Bank credit, and related items

On October 25, 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 $ 686,779 million, a change of $ - 2,853 million for the week. The total includes

$ 589,652 million of U.S. government securities and $ 97,127 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 $ 16,091 million (daily average over statement week) and $ 16,076 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,091 million (daily average) and $ 16,076 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 757 million (daily average)

and $ 98 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 $ 435 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 $ 6,347 million and adjustments of $ 351 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.

Change from week ended Wednesday

Oct 25, 2000 Week ended

Oct 25, 2000 Oct 18, 2000 Oct 27, 1999
ASSETS

Gold certificate account 11,046 0 - 4

Special drawing rights certificate account 3,200 0 - 4,000

Coin 856 + 32 + 539

Loans 282 - 21 + 71

Acceptances 0 0 0

Repurchase agreements — triparty (1) 9,995 - 8,848 - 10,070

Federal agency obligations (2)

Bought outright 130 0 - 58

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 182,744 + 135 - 17,606

Notes (3) 236,389 + 662 + 25,117

Bonds (4) 91,905 + 72 + 11,476

Total bought outright (5) 511,038 + 870 + 18,987

Held under repurchase agreements 0 0 0

Total U.S. government securities 511,038 + 870 + 18,987

Total loans and securities 521,445 - 7,999 + 8,930

Items in process of collection (816) 9,168 + 673 + 2,512

Bank premises 1,433 0 + 92

Other assets (6) 35,305 + 391 + 1,721

 TOTAL ASSETS ( 8 1 6 ) 582,454 - 6,901 + 9,790

LIABILITIES

Federal Reserve notes 541,875 - 764 + 13,426

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 12,860 - 4,611 - 1,915

U.S. Treasury—general account 4,207 - 942 - 156

Foreign—official accounts 71 - 16 - 101

Other ( 0 ) 241 - 28 + 18

Total deposits ( 0 ) 17,380 - 5,596 - 2,153

Deferred availability cash items (816) 6,945 - 1,143 + 215

Other liabilities and accrued dividends (7) 4,293 - 2 - 151

TOTAL LIABILITIES ( 8 1 6 ) 570,493 - 7,505 + 11,337

CAPITAL ACCOUNTS

Capital paid in 6,981 - 1 + 627

Surplus 2,679 0 - 3,273

Other capital accounts 2,300 + 603 + 1,099

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Oct 27, 1999

Eliminations from

Consolidation Wednesday

Oct 25, 2000

Wednesday

Oct 18, 2000

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 $ 343 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 $ 92 million of compensation

that adjusts for the effects of inflation on the principal of such securities.

5 Net of $ 16,076 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 98 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 25, 2000

Millions of dollars

 Federal agency

obligations(2)

Weekly

changes Holdings

 U.S. government

securities (1,2)

Holdings Weekly

changes

Loans

Repurchase

Agreements—

Triparty (3)

1 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 435 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.

Reverse

Repurchase

Agreements—

Triparty (3)

Within 15 days 241 19,440 + 2,160 0 0 5,995 0

16 days to 90 days 41 108,798 - 2,323 0 0 4,000 0

91 days to 1 year 0 126,292 + 298 0 0 ——— ———

 Over 1 year to 5 years ——— 131,315 + 734 30 0 ——— ———

 Over 5 years to 10 years ——— 53,530 + 1 100 0 ——— ———

Over 10 years ——— 71,663 0 0 0 ——— ———

Total 282 511,038 + 870 130 0 9,995 0
 535

 167 26 0 0 0 7 0 10,491 13,571 5,276 29,338 0 29,338 29,345 377 94 1,692 + 1,774 34,011

 Each Federal Reserve Bank on October 25, 2000

Dallas San Francisco Kansas City Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneapolis

 through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities.

on-indexed securities valued at the original face amount and $ 343 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 92 million of compensation that adjusts for the effects of inflation on the

sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 98 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 3,200 856 282 0 9,995 130 0 182,744 236,389 91,905 511,038 0 511,038 521,445 9,984 1,433 35,305 0 583,270

 4,428 1,271 67 0 0 9,995 50 0 70,539 91,247 35,476 197,262 0 197,262 207,307 1,316 166 11,940 +17,101 243,596

 414 120 49 4 0 0 5 0 7,611 9,846 3,828 21,285 0 21,285 21,295 394 50 1,251 - 669 22,904

 520 151 55 0 0 0 7 0 10,227 13,229 5,143 28,598 0 28,598 28,606 767 156 2,067 + 608 32,930

 750 213 107 1 0 0 8 0 10,727 13,877 5,395 29,999 0 29,999 30,008 501 125 5,266 + 133 37,102

 802 242 104 13 0 0 9 0 12,164 15,735 6,117 34,016 0 34,016 34,037 877 228 2,305 + 1,796 40,392

 1,064 309 100 59 0 0 16 0 21,859 28,276 10,993 61,128 0 61,128 61,203 908 104 3,445 - 6,197 60,937

 359 103 45 61 0 0 5 0 6,942 8,980 3,491 19,413 0 19,413 19,478 362 33 1,054 - 1,312 20,122

 158 44 29 64 0 0 1 0 769 995 387 2,151 0 2,151 2,216 573 126 686 - 752 3,080

 340 96 59 65 0 0 4 0 6,090 7,878 3,063 17,030 0 17,030 17,100 770 49 1,028 - 1,683 17,759

 514 143 72 13 0 0 4 0 5,407 6,994 2,719 15,120 0 15,120 15,137 830 138 1,078 - 5,607 12,305

 1,162 341 142 2 0 0 14 0 19,917 25,764 10,017 55,698 0 55,698 55,714 2,309 166 3,493 - 5,194 58,132
 Each Federal Reserve Bank on October 25, 2000

Dallas San Francisco Kansas City Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneapolis

(1)

TS

 through third-party custodial banks. These agreements are collateralized by U.S. government and agency securities.

nt reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.

ies bought outright or held under repurchase agreement are valued at face amount. Includes cash value of repurchase agreements under triparty

value of securities pledged under reverse repurchase agreements.

to rounding.

 541,875 0 12,860 4,207 71 241 17,380 7,761 4,293 571,309 6,981 2,679 2,300 583,270 760,932 219,057 541,875 11,046 3,200 6,466 521,163 541,875

 30,673 0 1,923 0 1 0 1,925 502 252 33,352 358 120 181 34,011 37,036 6,363 30,673

 231,885 0 1,977 4,207 48 136 6,367 909 1,459 240,621 1,493 552 930 243,596 304,171 72,286 231,885

 21,481 0 428 0 1 1 429 392 194 22,496 237 83 88 22,904 32,083 10,602 21,481

 30,664 0 909 0 2 4 914 346 247 32,172 460 185 113 32,930 37,097 6,433 30,664

 32,539 0 1,115 0 8 94 1,216 551 311 34,617 1,685 705 95 37,102 52,068 19,529 32,539

 37,384 0 1,071 0 2 1 1,073 780 326 39,563 491 192 147 40,392 61,486 24,102 37,384

 57,481 0 1,299 0 3 2 1,303 566 484 59,835 615 241 246 60,937 70,347 12,866 57,481

 19,053 0 405 0 1 1 406 213 178 19,850 138 66 68 20,122 23,654 4,601 19,053

 1,182 0 792 0 1 0 794 547 68 2,591 357 98 34 3,080 9,786 8,604 1,182

 16,377 0 506 0 1 3 510 392 168 17,447 178 75 59 17,759 21,754 5,377 16,377

 10,893 0 659 0 1 0 660 269 159 11,981 186 88 50 12,305 32,975 22,082 10,893

 52,263 0 1,777 0 3 1 1,781 2,295 446 56,784 784 275 289 58,132 78,475 26,212 52,263