Reserve Bank Credit 572,898 + 984 - 11,231 581,607

U.S. government securities (1)

Bought outright-system account (2,3) 513,715 + 448 + 17,981 515,115

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 130 0 - 51 130

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 22,621 - 1,056 - 30,722 27,260

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 4 - 65 - 163 5

Seasonal credit 124 + 3 + 64 129

Extended credit 0 0 0 0

Float 1,725 + 1,182 + 1,077 4,128

Other F.R. assets 34,578 + 472 + 626 34,840

Gold stock 11,046 0 - 3 11,046

Special drawing rights certificate account 3,200 0 - 3,857 3,200

Treasury currency outstanding 30,951 + 14 + 3,043 30,951

Total factors supplying reserve funds 618,094 + 998 - 12,048 626,803

Currency in circulation* 579,644 + 830 - 12,462 582,017

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

Treasury cash holdings* 403 + 50 + 295 403

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

Treasury 5,382 + 107 + 109 4,947

Foreign 75 - 6 - 139 72

Service-related balances and adjustments (5) 6,980 + 374 - 358 6,980

Other 244 - 19 + 22 248

Other F.R. liabilities and capital 18,507 + 235 - 136 18,400

Total factors, other than reserve balances,

absorbing reserve funds 611,235 + 1,571 - 12,669 613,066

Reserve balances with F.R. Banks (6) 6,859 - 573 + 621 13,737

FEDERAL RESERVE

 December 14, 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 December 13, 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 $ 685,553 million, a change of $ - 3,592 million for the week. The total includes

$ 585,682 million of U.S. government securities and $ 99,871 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 $ 17,117 million (daily average over statement week) and $ 16,280 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,602 million (daily average) and $ 16,280 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 789 million (daily average)

and $ 1,016 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 6,905 million of inflation-indexed securities valued at the original face amount and $ 522 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 $ 6,178 million and adjustments of $ 802 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

Dec 13, 2000 Week ended

Dec 13, 2000 Dec 6, 2000 Dec 15, 1999
ASSETS

Gold certificate account 11,046 0 - 3

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

Coin 948 + 34 + 717

Loans 133 - 1 - 1,186

Acceptances 0 0 0

Repurchase agreements — triparty (1) 27,260 + 4,735 - 33,405

Federal agency obligations (2)

Bought outright 130 0 - 51

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 183,206 - 178 - 13,988

Notes (3) 239,127 + 2,099 + 24,371

Bonds (4) 92,783 + 95 + 9,806

Total bought outright (5) 515,115 + 2,015 + 20,188

Held under repurchase agreements 0 0 0

Total U.S. government securities 515,115 + 2,015 + 20,188

Total loans and securities 542,639 + 6,750 - 14,453

Items in process of collection (1,071) 12,048 + 2,670 + 3,123

Bank premises 1,442 + 1 + 87

Other assets (6) 33,331 + 534 + 538

 TOTAL ASSETS (1,071) 604,654 + 9,989 - 12,991

LIABILITIES

Federal Reserve notes 552,417 + 2,122 - 17,630

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 20,817 + 8,662 + 7,990

U.S. Treasury—general account 4,947 - 268 - 2,830

Foreign—official accounts 72 - 17 - 424

Other ( 0 ) 248 + 4 + 24

Total deposits ( 0 ) 26,084 + 8,382 + 4,761

Deferred availability cash items (1,071) 7,752 - 842 - 175

Other liabilities and accrued dividends (7) 4,622 + 225 + 6

TOTAL LIABILITIES (1,071) 590,876 + 9,888 - 13,038

CAPITAL ACCOUNTS

Capital paid in 7,103 + 15 + 705

Surplus 2,679 0 - 3,273

Other capital accounts 3,995 + 85 + 2,614

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Dec 15, 1999

Eliminations from

Consolidation Wednesday

Dec 13, 2000

Wednesday

 Dec 6, 2000

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

2 Face value of the securities.

3 Includes $ 5,367 million of inflation-indexed securities valued at the original face amount and $ 420 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 $ 102 million of compensation

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

5 Net of $ 16,280 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 1,016 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, December 13, 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 $ 6,905 million of inflation-indexed securities valued at the original face amount and $ 522 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 34 13,288 - 4,125 0 0 10,255 0

16 days to 90 days 99 118,117 + 2,827 0 0 17,005 0

91 days to 1 year 0 125,612 + 2,539 0 0 ——— ———

 Over 1 year to 5 years ——— 131,746 0 130 0 ——— ———

 Over 5 years to 10 years ——— 55,457 + 773 0 0 ——— ———

Over 10 years ——— 70,895 + 1 0 0 ——— ———

Total 133 515,115 + 2,015 130 0 27,260 0
 535

 167 42 1 0 0 7 0 10,518 13,728 5,326 29,572 0 29,572 29,581 670 94 1,572 + 1,631 34,292

Each Federal Reserve Bank on December 13, 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 $ 420 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 102 million of compensation that adjusts for the effects of inflation on the

ale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,016 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 3,200 948 133 0 27,260 130 0 183,206 239,127 92,783 515,115 0 515,115 542,639 13,120 1,442 33,331 0 605,725

 4,428 1,271 78 0 0 27,260 50 0 70,718 92,303 35,814 198,836 0 198,836 226,146 1,447 166 11,270 + 9,854 254,660

 414 120 53 1 0 0 5 0 7,631 9,960 3,864 21,455 0 21,455 21,461 621 50 1,196 - 3 23,912

 520 151 60 0 0 0 7 0 10,252 13,382 5,192 28,826 0 28,826 28,834 483 154 1,944 + 1,858 34,005

 750 213 116 0 0 0 8 0 10,755 14,037 5,447 30,238 0 30,238 30,246 984 126 5,085 + 1,055 38,576

 802 242 97 0 0 0 9 0 12,195 15,917 6,176 34,287 0 34,287 34,296 1,204 235 2,171 + 1,888 40,935

 1,064 309 103 44 0 0 16 0 21,914 28,603 11,098 61,615 0 61,615 61,675 1,353 104 3,205 - 2,463 65,350

 359 103 53 24 0 0 5 0 6,959 9,084 3,525 19,568 0 19,568 19,597 793 34 978 - 744 21,172

 158 44 34 15 0 0 1 0 771 1,007 391 2,168 0 2,168 2,184 656 126 664 - 363 3,502

 340 96 70 38 0 0 4 0 6,105 7,969 3,092 17,166 0 17,166 17,208 833 49 962 - 750 18,807

 514 143 87 8 0 0 4 0 5,421 7,075 2,745 15,241 0 15,241 15,253 1,523 138 1,019 - 7,490 11,186

 1,162 341 155 3 0 0 14 0 19,967 26,062 10,112 56,142 0 56,142 56,159 2,553 166 3,264 - 4,473 59,328
Each Federal Reserve Bank on December 13, 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.

 552,417 0 20,817 4,947 72 248 26,084 8,824 4,622 591,947 7,103 2,679 3,995 605,725 754,835 202,417 552,417 11,046 3,200 0 538,172 552,417

 31,503 0 1,177 0 1 3 1,181 599 258 33,541 358 120 273 34,292 37,062 5,560 31,503

 238,357 0 5,201 4,947 48 135 10,331 1,120 1,497 251,306 1,552 552 1,250 254,660 302,514 64,157 238,357

 22,134 0 574 0 1 2 577 515 197 23,423 228 83 178 23,912 31,650 9,516 22,134

 31,070 0 1,206 0 2 2 1,210 468 256 33,005 499 185 315 34,005 36,649 5,579 31,070

 32,955 0 1,835 0 8 62 1,905 765 330 35,954 1,678 705 238 38,576 51,063 18,108 32,955

 37,543 0 1,130 0 2 2 1,134 894 344 39,914 494 192 336 40,935 60,453 22,910 37,543

 60,180 0 2,708 0 3 2 2,713 625 498 64,016 631 241 463 65,350 71,143 10,963 60,180

 19,194 0 1,223 0 1 1 1,225 273 182 20,873 138 66 95 21,172 23,318 4,124 19,194

 1,470 0 959 0 1 1 961 504 74 3,009 368 98 26 3,502 9,644 8,174 1,470

 16,533 0 1,240 0 1 31 1,272 454 173 18,431 178 75 124 18,807 21,748 5,215 16,533

 8,986 0 1,173 0 1 2 1,176 280 353 10,795 187 88 116 11,186 32,424 23,438 8,986

 52,493 0 2,391 0 3 5 2,399 2,328 461 57,681 792 275 580 59,328 77,167 24,674 52,493