Reserve Bank Credit 617,178 + 10,559 + 53,351 625,352

U.S. government securities (1)

Bought outright-system account (2,3) 543,435 - 142 + 33,136 544,287

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) 37,843 + 10,438 + 21,838 45,050

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 10 0 - 8 15

Seasonal credit 54 - 10 - 186 40

Extended credit 0 0 0 0

Float -139 - 108 - 692 250

Other F.R. assets 35,964 + 379 - 618 35,699

Gold stock 11,045 0 - 1 11,045

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

Treasury currency outstanding 33,069 + 14 + 1,976 33,069

Total factors supplying reserve funds 663,492 + 10,572 + 54,326 671,666

Currency in circulation* 614,653 - 154 + 43,599 616,853

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

Treasury cash holdings* 438 - 13 + 152 435

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

Treasury 5,121 - 200 - 50 5,112

Foreign 112 - 467 + 31 75

Service-related balances and adjustments (5) 8,223 + 166 + 1,394 8,223

Other 236 - 26 - 20 271

Other F.R. liabilities and capital 17,879 + 35 + 1,317 17,773

Total factors, other than reserve balances,

absorbing reserve funds 646,662 - 660 + 46,422 648,741

Reserve balances with F.R. Banks (6) 16,830 + 11,232 + 7,904 22,925

FEDERAL RESERVE

 November 1, 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 October 31, 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 $ 737,675 million, a change of $ - 85 million for the week. The total includes

$ 602,019 million of U.S. government securities and $ 135,657 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 $ 19,022 million (daily average over statement week) and $ 18,722 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,022 million (daily average) and $ 18,722 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 2,048 million (daily average)

and $ 2,362 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 $ 908 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 $ 7,428 million and adjustments of $ 795 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 31, 2001 Week ended

Oct 31, 2001 Oct 24, 2001 Nov 1, 2000
ASSETS

Gold certificate account 11,045 0 - 1

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

Coin 1,123 + 10 + 237

Loans 55 - 47 - 148

Acceptances 0 0 0

Repurchase agreements — triparty (1) 45,050 + 15,000 + 20,110

Federal agency obligations (2)

Bought outright 10 0 - 120

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 182,652 - 381 + 340

Notes (3) 258,389 0 + 22,786

Bonds (4) 103,246 + 478 + 10,859

Total bought outright (5) 544,287 + 97 + 33,985

Held under repurchase agreements 0 0 0

Total U.S. government securities 544,287 + 97 + 33,985

Total loans and securities 589,403 + 15,051 + 53,828

Items in process of collection (955) 7,676 - 33 - 1,158

Bank premises 1,513 - 1 + 79

Other assets (6) 36,723 - 37 + 1,971

 TOTAL ASSETS ( 9 5 5 ) 649,682 + 14,988 + 53,955

LIABILITIES

Federal Reserve notes 585,342 + 1,409 + 42,585

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 33,278 + 12,150 + 10,784

U.S. Treasury—general account 5,112 + 815 - 37

Foreign—official accounts 75 - 207 0

Other ( 0 ) 271 + 20 - 7

Total deposits ( 0 ) 38,735 + 12,777 + 10,740

Deferred availability cash items (955) 7,833 + 628 - 693

Other liabilities and accrued dividends (7) 2,773 - 54 - 1,523

TOTAL LIABILITIES ( 9 5 5 ) 634,683 + 14,760 + 51,109

CAPITAL ACCOUNTS

Capital paid in 7,269 - 6 + 282

Surplus 6,738 + 3 + 4,059

Other capital accounts 993 + 233 - 1,494

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Nov 1, 2000

Eliminations from

Consolidation Wednesday

Oct 31, 2001

Wednesday

Oct 24, 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 $ 557 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 $ 351 million of compensation

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

5 Net of $ 18,722 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,362 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, October 31, 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 $ 908 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 44 19,638 - 2,457 0 0 39,050 0

16 days to 90 days 11 113,438 - 3,283 0 0 6,000 0

91 days to 1 year 0 134,127 + 4,480 0 0 ——— ———

 Over 1 year to 5 years ——— 147,078 + 880 10 0 ——— ———

 Over 5 years to 10 years ——— 50,204 0 0 0 ——— ———

Over 10 years ——— 79,802 + 478 0 0 ——— ———

Total 55 544,287 + 97 10 0 45,050 0
 546

 115 59 0 0 0 1 0 10,974 15,525 6,203 32,702 0 32,702 32,703 533 92 1,909 - 945 35,012

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on October 31, 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 $ 557 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 $ 351 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 18,722 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,362 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 1,123 55 0 45,050 10 0 182,652 258,389 103,246 544,287 0 544,287 589,403 8,631 1,513 36,723 0 650,638

 4,451 874 70 0 0 45,050 4 0 74,820 105,845 42,293 222,958 0 222,958 268,012 920 171 13,364 -19,241 268,621

 454 83 48 1 0 0 0 0 7,502 10,613 4,241 22,356 0 22,356 22,358 545 49 1,304 - 2,185 22,656

 538 104 68 0 0 0 1 0 10,693 15,127 6,045 31,865 0 31,865 31,866 359 152 2,170 - 1,150 34,107

 741 147 177 0 0 0 1 0 10,912 15,436 6,168 32,516 0 32,516 32,517 604 132 4,933 +11,755 51,005

 871 166 134 7 0 0 1 0 12,560 17,768 7,100 37,427 0 37,427 37,435 721 285 2,424 + 2,196 44,232

 1,028 212 127 13 0 0 1 0 20,687 29,265 11,693 61,645 0 61,645 61,659 660 109 3,488 + 6,011 73,293

 343 71 62 4 0 0 0 0 6,583 9,313 3,721 19,618 0 19,618 19,622 393 41 994 + 449 21,975

 143 30 34 11 0 0 0 0 570 806 322 1,698 0 1,698 1,709 614 123 680 + 7,838 11,171

 317 66 70 4 0 0 0 0 5,638 7,975 3,187 16,800 0 16,800 16,804 596 49 999 - 670 18,232

 477 98 127 5 0 0 0 0 3,311 4,684 1,872 9,867 0 9,867 9,872 384 137 814 + 3,297 15,206

 1,136 234 146 10 0 0 1 0 18,402 26,032 10,402 54,836 0 54,836 54,847 2,302 172 3,645 - 7,354 55,128
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on October 31, 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.

 585,342 0 33,278 5,112 75 271 38,735 8,788 2,773 635,638 7,269 6,738 993 650,638 741,957 156,615 585,342 11,045 2,200 0 572,097 585,342

 30,902 0 2,504 0 2 6 2,512 550 171 34,135 421 358 97 35,012 36,190 5,287 30,902

 242,957 0 15,243 5,112 51 138 20,544 1,022 912 265,435 1,472 1,468 247 268,621 286,491 43,534 242,957

 21,026 0 532 0 1 0 534 499 126 22,185 223 228 21 22,656 28,970 7,944 21,026

 30,323 0 1,840 0 2 1 1,844 511 166 32,844 613 472 179 34,107 35,626 5,303 30,323

 44,390 0 2,151 0 7 82 2,240 661 239 47,529 1,757 1,679 40 51,005 55,892 11,502 44,390

 40,709 0 1,366 0 2 4 1,372 808 229 43,118 539 495 80 44,232 64,246 23,537 40,709

 67,816 0 2,947 0 3 2 2,951 686 293 71,746 741 632 174 73,293 75,372 7,556 67,816

 20,542 0 717 0 1 1 718 282 117 21,660 149 138 29 21,975 23,313 2,771 20,542

 9,117 0 1,131 0 1 13 1,146 559 63 10,884 178 109 0 11,171 11,687 2,570 9,117

 16,569 0 699 0 1 12 712 445 114 17,840 189 179 24 18,232 20,844 4,275 16,569

 13,667 0 652 0 1 4 657 430 92 14,846 163 188 9 15,206 33,204 19,537 13,667

 47,326 0 3,495 0 3 7 3,506 2,335 251 53,417 826 792 92 55,128 70,123 22,798 47,326