Reserve Bank Credit 609,350 - 7,831 + 47,026 611,462

U.S. government securities (1)

Bought outright-system account (2,3) 544,264 + 829 + 33,540 545,603

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 10 0 - 120 10

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 26,704 - 11,139 + 12,146 27,925

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 77 + 67 + 64 61

Seasonal credit 39 - 15 - 136 37

Extended credit 0 0 0 0

Float -4 + 136 - 1,149 -671

Other F.R. assets 38,261 + 2,293 + 2,682 38,498

Gold stock 11,045 0 - 1 11,045

Special drawing rights certificate account 2,200 0 - 1,000 2,200

Treasury currency outstanding 33,083 + 14 + 1,861 33,083

Total factors supplying reserve funds 655,678 - 7,817 + 47,887 657,790

Currency in circulation* 617,406 + 2,753 + 44,690 619,660

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

Treasury cash holdings* 436 - 2 + 165 438

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

Treasury 4,987 - 134 - 86 5,183

Foreign 96 - 16 0 124

Service-related balances and adjustments (5) 7,729 - 494 + 953 7,729

Other 280 + 44 + 23 278

Other F.R. liabilities and capital 18,054 + 175 + 1,189 17,822

Total factors, other than reserve balances,

absorbing reserve funds 648,987 + 2,325 + 46,932 651,234

Reserve balances with F.R. Banks (6) 6,692 - 10,140 + 956 6,556

FEDERAL RESERVE

 November 8, 2001

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 November 7, 2001, 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 $ 731,440 million, a change of $ - 6,235 million for the week. The total includes

$ 598,090 million of U.S. government securities and $ 133,350 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 $ 18,784 million (daily average over statement week) and $ 17,604 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 18,784 million (daily average) and $ 17,604 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,878 million (daily average)

and $ 1,862 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 918 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 $ 7,486 million and adjustments of $ 242 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

 Nov 7, 2001 Week ended

 Nov 7, 2001 Oct 31, 2001 Nov 8, 2000
ASSETS

Gold certificate account 11,045 0 - 1

Special drawing rights certificate account 2,200 0 - 1,000

Coin 1,116 - 7 + 210

Loans 97 + 42 - 62

Acceptances 0 0 0

Repurchase agreements — triparty (1) 27,925 - 17,125 + 15,950

Federal agency obligations (2)

Bought outright 10 0 - 120

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 183,958 + 1,306 - 1,362

Notes (3) 258,395 + 6 + 22,381

Bonds (4) 103,250 + 4 + 10,570

Total bought outright (5) 545,603 + 1,316 + 31,588

Held under repurchase agreements 0 0 0

Total U.S. government securities 545,603 + 1,316 + 31,588

Total loans and securities 573,635 - 15,768 + 47,356

Items in process of collection (1,077) 8,746 + 1,070 - 1,492

Bank premises 1,518 + 5 + 83

Other assets (6) 37,230 + 507 + 1,967

 TOTAL ASSETS (1,077) 635,490 - 14,192 + 47,123

LIABILITIES

Federal Reserve notes 588,131 + 2,789 + 43,665

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 15,609 - 17,669 + 2,271

U.S. Treasury—general account 5,183 + 71 - 276

Foreign—official accounts 124 + 49 + 52

Other ( 0 ) 278 + 7 + 49

Total deposits ( 0 ) 21,194 - 17,541 + 2,096

Deferred availability cash items (1,077) 8,343 + 510 + 594

Other liabilities and accrued dividends (7) 2,752 - 21 - 1,520

TOTAL LIABILITIES (1,077) 620,420 - 14,263 + 44,835

CAPITAL ACCOUNTS

Capital paid in 7,274 + 5 + 286

Surplus 6,742 + 4 + 4,063

Other capital accounts 1,054 + 61 - 2,061

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Nov 8, 2000

Eliminations from

Consolidation Wednesday

 Nov 7, 2001

Wednesday

Oct 31, 2001

1 Cash value of agreements arranged through third-party custodial banks.

2 Face value of the securities.

3 Includes $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 563 million of compensation

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

4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 355 million of compensation

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

5 Net of $ 17,604 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 1,862 million that are fully collateralized by other U.S. government securities.

6 Includes assets denominated in foreign currencies, revalued daily at market exchange rates.

7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

Maturity Distribution of Loans and Securities, November 7, 2001

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 $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 918 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 73 16,085 - 3,553 0 0 17,925 0

16 days to 90 days 24 123,672 + 10,234 0 0 10,000 0

91 days to 1 year 0 128,752 - 5,375 0 0 ——— ———

 Over 1 year to 5 years ——— 147,078 0 10 0 ——— ———

 Over 5 years to 10 years ——— 50,209 + 5 0 0 ——— ———

Over 10 years ——— 79,806 + 4 0 0 ——— ———

Total 97 545,603 + 1,316 10 0 27,925 0
 546

 115 58 0 0 0 1 0 11,053 15,525 6,203 32,781 0 32,781 32,782 577 92 1,939 - 2,883 33,227

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on November 7, 2001Millions of dollars

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

ASSETS

Gold certificate accountSpecial drawing rights certif. acct.CoinLoansAcceptancesRepurchase agreements — triparty (1)

Federal agency obligations (2)

Bought outrightHeld 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

Items in process of collectionBank premisesOther assets (6)Interdistrict settlement account

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 $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 563 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 355 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 17,604 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,862 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.

 11,045 2,200 1,116 97 0 27,925 10 0 183,958 258,395 103,250 545,603 0 545,603 573,635 9,823 1,518 37,230 0 636,567

 4,451 874 72 0 0 27,925 4 0 75,355 105,847 42,295 223,497 0 223,497 251,426 1,036 174 13,557 -13,025 258,565

 454 83 45 0 0 0 0 0 7,556 10,613 4,241 22,410 0 22,410 22,410 547 49 1,299 - 2,075 22,813

 538 104 69 55 0 0 1 0 10,770 15,128 6,045 31,942 0 31,942 31,998 424 152 2,203 - 2,199 33,289

 741 147 177 0 0 0 1 0 10,990 15,437 6,168 32,595 0 32,595 32,595 566 132 4,983 +11,554 50,896

 871 166 131 9 0 0 1 0 12,650 17,768 7,100 37,517 0 37,517 37,527 909 285 2,464 + 2,132 44,484

 1,028 212 126 12 0 0 1 0 20,835 29,265 11,694 61,794 0 61,794 61,807 188 110 3,545 + 6,348 73,365

 343 71 62 4 0 0 0 0 6,630 9,313 3,721 19,665 0 19,665 19,670 603 41 1,015 + 140 21,944

 143 30 33 4 0 0 0 0 574 806 322 1,702 0 1,702 1,706 637 123 688 + 7,494 10,856

 317 66 70 8 0 0 0 0 5,678 7,975 3,187 16,840 0 16,840 16,849 558 49 1,015 - 987 17,936

 477 98 126 2 0 0 0 0 3,335 4,684 1,872 9,891 0 9,891 9,893 562 137 826 + 3,144 15,263

 1,136 234 147 4 0 0 1 0 18,533 26,033 10,402 54,968 0 54,968 54,973 3,216 172 3,696 - 9,644 53,929
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on November 7, 2001Millions of dollars

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

 LIABILITIES

Federal Reserve notesReverse repurchase agreements—triparty (1)

Deposits

Depository institutionsU.S. Treasury—general accountForeign—official accountsOther

Total deposits

Deferred credit itemsOther liabilities and accrued

dividends (2)

TOTAL LIABILITIES

CAPITAL ACCOUNTS

Capital paid inSurplusOther capital accounts

TOTAL LIABILITIES AND CAPITAL

ACCOUNTS

FEDERAL RESERVE AGENTS’ ACCOUNTSF.R. notes outstandingLess—Held by F.R. Banks

F.R. notes, net

Collateral held against F.R. notes

Gold certificate accountSpecial drawing rights

certificate account

Other eligible assetsU.S. govt. and agency securities (3)

 Total collateral1 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.

 588,131 0 15,609 5,183 124 278 21,194 9,420 2,752 621,497 7,274 6,742 1,054 636,567 743,635 155,505 588,131 11,045 2,200 1,348 573,538 588,131

 30,895 0 683 0 2 5 690 596 169 32,349 421 358 98 33,227 36,163 5,268 30,895

 243,562 0 4,390 5,183 100 136 9,809 1,111 899 255,381 1,472 1,468 244 258,565 287,568 44,005 243,562

 21,168 0 410 0 1 0 411 636 125 22,340 222 228 23 22,813 28,912 7,744 21,168

 30,507 0 902 0 2 0 905 451 164 32,027 613 472 177 33,289 35,648 5,141 30,507

 44,258 0 2,019 0 7 115 2,141 729 238 47,366 1,757 1,679 95 50,896 55,799 11,541 44,258

 41,502 0 797 0 2 1 800 837 228 43,367 539 495 84 44,484 64,474 22,971 41,502

 68,159 0 2,577 0 3 1 2,581 781 293 71,814 746 632 173 73,365 75,681 7,522 68,159

 20,775 0 473 0 1 0 473 260 117 21,626 149 138 31 21,944 23,508 2,733 20,775

 9,452 0 415 0 1 1 417 633 64 10,566 177 113 0 10,856 11,970 2,518 9,452

 16,612 0 474 0 1 12 486 333 111 17,542 189 179 27 17,936 20,903 4,291 16,612

 13,679 0 686 0 1 4 690 438 93 14,901 163 188 11 15,263 33,090 19,412 13,679

 47,561 0 1,784 0 3 4 1,791 2,615 251 52,218 827 792 91 53,929 69,918 22,357 47,561