Reserve Bank Credit 584,323 + 6,032 - 34,464 597,310

U.S. government securities (1)

Bought outright-system account (2,3) 515,595 + 858 + 26,425 515,491

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) 31,759 + 6,738 - 61,395 43,985

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 41 - 254 - 320 21

Seasonal credit 112 - 9 + 34 96

Extended credit 0 0 0 0

Float 1,191 - 1,793 + 556 1,837

Other F.R. assets 35,494 + 492 + 510 35,751

Gold stock 11,046 0 - 2 11,046

Special drawing rights certificate account 2,200 - 143 - 4,000 2,200

Treasury currency outstanding 31,205 + 14 + 3,227 31,205

Total factors supplying reserve funds 628,774 + 5,903 - 35,239 641,761

Currency in circulation* 589,415 + 6,562 - 29,896 592,965

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

Treasury cash holdings* 416 + 12 + 307 454

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

Treasury 4,340 - 3,765 - 7,798 5,320

Foreign 103 - 57 + 4 83

Service-related balances and adjustments (5) 7,236 + 540 - 548 7,236

Other 258 + 36 + 63 235

Other F.R. liabilities and capital 18,417 - 164 - 208 18,062

Total factors, other than reserve balances,

absorbing reserve funds 620,186 + 3,164 - 38,075 624,356

Reserve balances with F.R. Banks (6) 8,588 + 2,739 + 2,837 17,405

FEDERAL RESERVE

 December 28, 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 27, 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 $ 691,862 million, a change of $ + 4,252 million for the week. The total includes

$ 589,149 million of U.S. government securities and $ 102,713 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 $ 17,182 million (daily average over statement week) and $ 17,323 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 17,182 million (daily average) and $ 17,323 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,231 million (daily average)

and $ 2,924 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 $ 528 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 $ 6,360 million and adjustments of $ 876 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 27, 2000 Week ended

Dec 27, 2000 Dec 20, 2000 Dec 29, 1999
ASSETS

Gold certificate account 11,046 0 - 2

Special drawing rights certificate account 2,200 0 - 4,000

Coin 946 - 8 + 743

Loans 117 - 8 - 2,755

Acceptances 0 0 0

Repurchase agreements — triparty (1) 43,985 + 18,275 - 78,885

Federal agency obligations (2)

Bought outright 130 0 - 51

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 182,530 - 97 + 557

Notes (3) 240,176 + 1,047 + 21,710

Bonds (4) 92,784 + 1 + 9,806

Total bought outright (5) 515,491 + 952 + 32,074

Held under repurchase agreements 0 0 0

Total U.S. government securities 515,491 + 952 + 32,074

Total loans and securities 559,723 + 19,219 - 49,617

Items in process of collection ( 7 7 1 ) 10,087 - 2,247 + 3,162

Bank premises 1,455 + 3 + 99

Other assets (6) 34,268 + 548 + 435

 TOTAL ASSETS ( 7 7 1 ) 619,724 + 17,514 - 49,182

LIABILITIES

Federal Reserve notes 563,160 + 6,370 - 37,761

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 24,787 + 10,921 + 8,058

U.S. Treasury—general account 5,320 + 539 - 20,603

Foreign—official accounts 83 - 144 - 151

Other ( 0 ) 235 + 24 + 52

Total deposits ( 0 ) 30,426 + 11,342 - 12,643

Deferred availability cash items (771) 8,077 - 120 + 1,445

Other liabilities and accrued dividends (7) 4,341 - 34 - 137

TOTAL LIABILITIES ( 7 7 1 ) 606,003 + 17,557 - 49,096

CAPITAL ACCOUNTS

Capital paid in 7,024 + 2 + 592

Surplus 2,679 0 - 3,273

Other capital accounts 4,018 - 45 + 2,596

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Dec 29, 1999

Eliminations from

Consolidation Wednesday

Dec 27, 2000

Wednesday

Dec 20, 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 $ 425 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 $ 104 million of compensation

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

5 Net of $ 17,323 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,924 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 27, 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 $ 528 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 110 19,889 + 954 0 0 33,010 0

16 days to 90 days 7 110,832 - 1,017 0 0 10,975 0

91 days to 1 year 0 125,620 - 34 0 0 ——— ———

 Over 1 year to 5 years ——— 132,792 + 1,046 130 0 ——— ———

 Over 5 years to 10 years ——— 55,461 + 2 0 0 ——— ———

Over 10 years ——— 70,896 + 1 0 0 ——— ———

Total 117 515,491 + 952 130 0 43,985 0
 535

 115 46 1 0 0 7 0 10,479 13,788 5,327 29,593 0 29,593 29,602 604 94 1,627 + 5,322 37,946

Each Federal Reserve Bank on December 27, 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 $ 425 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 104 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 $ 2,924 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 2,200 946 117 0 43,985 130 0 182,530 240,176 92,784 515,491 0 515,491 559,723 10,858 1,455 34,268 0 620,495

 4,428 874 77 0 0 43,985 50 0 70,457 92,709 35,815 198,980 0 198,980 243,016 1,140 166 11,637 - 4,302 257,034

 414 83 52 3 0 0 5 0 7,602 10,003 3,864 21,470 0 21,470 21,479 410 50 1,236 + 1,045 24,770

 520 104 66 0 0 0 7 0 10,215 13,441 5,192 28,847 0 28,847 28,855 489 155 2,009 + 1,713 33,911

 750 147 115 9 0 0 8 0 10,715 14,099 5,447 30,260 0 30,260 30,277 680 126 5,124 + 4,154 41,373

 802 166 82 8 0 0 9 0 12,150 15,987 6,176 34,312 0 34,312 34,329 818 245 2,228 + 3,870 42,539

 1,064 212 110 33 0 0 16 0 21,833 28,729 11,098 61,660 0 61,660 61,709 976 104 3,307 - 1,016 66,467

 359 71 51 13 0 0 5 0 6,934 9,124 3,525 19,582 0 19,582 19,600 680 34 1,017 - 466 21,347

 158 30 32 8 0 0 1 0 768 1,011 391 2,170 0 2,170 2,178 673 126 670 - 623 3,244

 340 66 66 35 0 0 4 0 6,083 8,004 3,092 17,178 0 17,178 17,218 634 49 989 - 432 18,930

 514 98 91 5 0 0 4 0 5,401 7,106 2,745 15,252 0 15,252 15,261 916 138 1,061 - 6,408 11,671

 1,162 234 157 3 0 0 14 0 19,894 26,177 10,112 56,183 0 56,183 56,200 2,837 167 3,362 - 2,856 61,262
Each Federal Reserve Bank on December 27, 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.

 563,160 0 24,787 5,320 83 235 30,426 8,848 4,341 606,774 7,024 2,679 4,018 620,495 752,359 189,199 563,160 11,046 2,200 0 549,914 563,160

 31,962 0 4,319 0 1 0 4,321 659 257 37,199 358 120 269 37,946 36,904 4,942 31,962

 240,735 0 4,934 5,320 59 173 10,486 1,140 1,466 253,827 1,468 552 1,187 257,034 301,259 60,524 240,735

 22,856 0 731 0 1 3 735 510 191 24,291 228 83 167 24,770 31,691 8,835 22,856

 31,285 0 929 0 2 2 933 399 248 32,865 500 185 361 33,911 36,415 5,130 31,285

 34,061 0 3,524 0 8 27 3,559 741 329 38,690 1,679 705 300 41,373 50,874 16,813 34,061

 39,073 0 1,292 0 2 2 1,296 804 336 41,508 495 192 344 42,539 60,532 21,459 39,073

 61,127 0 2,812 0 3 2 2,817 705 490 65,139 632 241 456 66,467 70,849 9,722 61,127

 19,436 0 1,181 0 1 2 1,184 254 181 21,054 138 66 89 21,347 23,224 3,789 19,436

 1,602 0 516 0 1 0 518 556 74 2,749 368 98 29 3,244 9,602 8,000 1,602

 16,712 0 1,292 0 1 19 1,311 364 170 18,557 178 75 120 18,930 21,636 4,924 16,712

 9,713 0 1,156 0 1 2 1,159 253 154 11,279 188 88 116 11,671 32,366 22,653 9,713

 54,599 0 2,100 0 3 3 2,106 2,464 446 59,616 792 275 579 61,262 77,008 22,409 54,599