Reserve Bank Credit 642,146 + 6,938 + 61,325 643,965

U.S. government securities (1)

Bought outright-system account (2,3) 575,760 + 20 + 52,433 577,218

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 10 0 0 10

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 28,786 + 6,572 + 7,302 27,500

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 300 + 286 + 219 2,083

Seasonal credit 26 + 6 + 8 37

Extended credit 0 0 0 0

Float -283 - 114 - 442 -307

Other F.R. assets 37,547 + 167 + 1,804 37,424

Gold stock 11,044 0 - 2 11,044

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding 33,199 + 14 + 928 33,199

Total factors supplying reserve funds 688,588 + 6,951 + 62,250 690,408

Currency in circulation* 642,499 + 2,317 + 55,709 644,524

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

Treasury cash holdings* 410 - 12 - 69 399

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

Treasury 5,395 + 197 - 276 5,971

Foreign 187 + 101 + 95 123

Service-related balances and adjustments (5) 9,869 - 312 + 3,112 9,869

Other 249 + 44 - 54 297

Other F.R. liabilities and capital 18,312 + 216 + 758 18,447

Total factors, other than reserve balances,

absorbing reserve funds 676,921 + 2,550 + 59,274 679,631

Reserve balances with F.R. Banks (6) 11,668 + 4,402 + 2,977 10,777

FEDERAL RESERVE

 April 4, 2002

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 April 3, 2002, 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 $ 748,794 million, a change of $ + 8,071 million for the week. The total includes

$ 609,197 million of U.S. government securities and $ 139,596 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 $ 19,527 million (daily average over statement week) and $ 19,279 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,527 million (daily average) and $ 19,279 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,526 million (daily average)

and $ 2,433 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 10,658 million of inflation-indexed securities valued at the original face amount and $ 956 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 $ 9,631 million and adjustments of $ 238 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

 Apr 3, 2002 Week ended

 Apr 3, 2002 Mar 27, 2002 Apr 4, 2001
ASSETS

Gold certificate account 11,044 0 - 2

Special drawing rights certificate account 2,200 0 0

Coin 1,063 - 15 - 91

Loans 2,119 + 2,097 + 1,941

Acceptances 0 0 0

Repurchase agreements — triparty (1) 27,500 + 3,500 + 6,000

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 192,821 - 283 + 8,639

Notes (3) 279,575 + 1,114 + 35,790

Bonds (4) 104,823 + 295 + 8,865

Total bought outright (5) 577,218 + 1,125 + 53,293

Held under repurchase agreements 0 0 0

Total U.S. government securities 577,218 + 1,125 + 53,293

Total loans and securities 606,848 + 6,723 + 61,236

Items in process of collection (1,081) 8,189 + 897 - 1,081

Bank premises 1,511 0 + 23

Other assets (6) 35,696 - 146 + 1,694

 TOTAL ASSETS (1,081) 666,551 + 7,459 + 61,779

LIABILITIES

Federal Reserve notes 612,787 + 2,248 + 54,808

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 20,763 + 2,664 + 5,800

U.S. Treasury—general account 5,971 + 962 + 830

Foreign—official accounts 123 + 52 - 27

Other ( 0 ) 297 + 94 - 79

Total deposits ( 0 ) 27,154 + 3,772 + 6,524

Deferred availability cash items (1,081) 8,162 + 903 - 759

Other liabilities and accrued dividends (7) 2,436 - 4 - 1,312

TOTAL LIABILITIES (1,081) 650,540 + 6,921 + 59,261

CAPITAL ACCOUNTS

Capital paid in 8,003 + 353 + 972

Surplus 7,272 + 2 + 1,009

Other capital accounts 736 + 184 + 537

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Apr 4, 2001

Eliminations from

Consolidation Wednesday

 Apr 3, 2002

Wednesday

Mar 27, 2002

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

2 Face value of the securities.

3 Includes $ 5,766 million of inflation-indexed securities valued at the original face amount and $ 546 million of compensation

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

4 Includes $ 4,892 million of inflation-indexed securities valued at the original face amount and $ 410 million of compensation

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

5 Net of $ 19,279 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,433 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, April 3, 2002

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 $ 10,658 million of inflation-indexed securities valued at the original face amount and $ 956 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 2,087 13,110 - 10,435 0 0 22,500 0

16 days to 90 days 32 135,840 + 9,774 0 0 5,000 0

91 days to 1 year 0 135,458 + 1,681 0 0 ——— ———

 Over 1 year to 5 years ——— 159,238 + 40 10 0 ——— ———

 Over 5 years to 10 years ——— 52,310 + 61 0 0 ——— ———

Over 10 years ——— 81,262 + 3 0 0 ——— ———

Total 2,119 577,218 + 1,125 10 0 27,500 0
 546

 115 67 1 0 0 1 0 11,585 16,797 6,298 34,681 0 34,681 34,682 530 92 1,915 - 4,030 33,917

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on April 3, 2002Millions 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 $ 5,766 million of inflation-indexed securities valued at the original face amount and $ 546 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

4 Includes $ 4,892 million of inflation-indexed securities valued at the original face amount and $ 410 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 19,279 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,433 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.

 11,044 2,200 1,063 2,119 0 27,500 10 0 192,821 279,575 104,823 577,218 0 577,218 606,848 9,270 1,511 35,696 0 667,632

 4,450 874 61 0 0 27,500 4 0 78,986 114,523 42,939 236,448 0 236,448 263,952 805 180 12,940 -12,640 270,622

 454 83 58 3 0 0 0 0 7,920 11,483 4,305 23,709 0 23,709 23,712 431 49 1,266 - 3,834 22,218

 538 104 59 1,180 0 0 1 0 11,289 16,368 6,137 33,793 0 33,793 34,974 534 152 2,418 - 5,969 32,809

 741 147 152 0 0 0 1 0 11,519 16,702 6,262 34,483 0 34,483 34,484 582 131 4,730 +13,539 54,505

 871 166 86 340 0 0 1 0 13,259 19,224 7,208 39,691 0 39,691 40,032 757 280 2,358 + 3,272 47,822

 1,028 212 132 147 0 0 1 0 21,838 31,664 11,872 65,375 0 65,375 65,523 657 107 3,610 + 435 71,703

 343 71 57 435 0 0 0 0 6,950 10,077 3,778 20,805 0 20,805 21,240 348 43 965 - 1,054 22,013

 143 30 38 9 0 0 0 0 602 872 327 1,801 0 1,801 1,810 569 123 389 +12,629 15,732

 317 66 78 1 0 0 0 0 5,951 8,629 3,235 17,816 0 17,816 17,817 504 49 964 - 573 19,221

 477 98 132 0 0 0 0 0 3,496 5,068 1,900 10,464 0 10,464 10,464 616 136 716 +10,632 23,271

 1,136 234 143 4 0 0 1 0 19,426 28,167 10,561 58,153 0 58,153 58,158 2,938 171 3,426 -12,407 53,799
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on April 3, 2002Millions 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.

 612,787 0 20,763 5,971 123 297 27,154 9,243 2,436 651,621 8,003 7,272 736 667,632 747,105 134,318 612,787 11,044 2,200 0 599,543 612,787

 30,579 0 1,628 0 2 14 1,644 655 148 33,025 430 418 44 33,917 35,282 4,704 30,579

 252,866 0 6,228 5,971 99 132 12,430 988 769 267,053 1,682 1,504 382 270,622 294,414 41,547 252,866

 20,726 0 372 0 1 0 373 544 111 21,754 223 221 20 22,218 27,857 7,131 20,726

 29,817 0 977 0 3 0 981 471 142 31,411 683 665 50 32,809 34,211 4,394 29,817

 46,367 0 3,193 0 7 126 3,326 677 225 50,596 2,111 1,757 41 54,505 55,965 9,598 46,367

 44,068 0 1,545 0 2 0 1,547 992 198 46,805 448 535 34 47,822 62,457 18,390 44,068

 67,287 0 1,870 0 3 1 1,873 634 254 70,048 800 793 62 71,703 73,994 6,707 67,287

 20,839 0 487 0 1 17 504 246 106 21,695 150 149 19 22,013 24,041 3,202 20,839

 13,887 0 883 0 1 0 884 512 64 15,346 307 78 0 15,732 16,076 2,189 13,887

 17,390 0 903 0 1 6 909 422 99 18,821 194 191 15 19,221 21,400 4,010 17,390

 21,579 0 869 0 1 0 870 393 86 22,927 168 164 12 23,271 34,060 12,482 21,579

 47,383 0 1,809 0 3 1 1,813 2,709 234 52,139 807 796 57 53,799 67,347 19,964 47,383