Reserve Bank Credit 658,647 + 5,173 + 57,478 665,425

U.S. government securities (1)

Bought outright-system account (2,3) 602,139 + 1,922 + 61,318 602,919

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) 19,500 + 6,179 - 5,053 25,250

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 2 - 13 - 8 2

Seasonal credit 191 + 10 + 27 202

Extended credit 0 0 0 0

Float -293 + 407 - 223 -289

Other F.R. assets 37,098 - 3,331 + 1,418 37,330

Gold stock 11,042 0 - 2 11,042

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

Treasury currency outstanding 34,093 + 14 + 1,228 34,093

Total factors supplying reserve funds 705,983 + 5,188 + 58,705 712,760

Currency in circulation* 660,348 - 527 + 53,019 660,897

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

Treasury cash holdings* 371 - 10 - 41 370

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

Treasury 4,387 - 509 - 926 4,629

Foreign 129 + 53 + 57 89

Service-related balances and adjustments (5) 10,160 + 5 + 2,675 10,160

Other 211 + 10 - 94 202

Other F.R. liabilities and capital 19,701 + 229 + 1,238 19,205

Total factors, other than reserve balances,

absorbing reserve funds 695,308 - 748 + 55,928 695,553

Reserve balances with F.R. Banks (6) 10,675 + 5,936 + 2,777 17,207

FEDERAL RESERVE

 August 22, 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 August 21, 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 $ 805,388 million, a change of $ + 9,394 million for the week. The total includes

$ 651,190 million of U.S. government securities and $ 154,198 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 $ 22,315 million (daily average over statement week) and $ 22,328 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 22,315 million (daily average) and $ 22,328 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 780 million (daily average)

and $ 0 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 12,242 million of inflation-indexed securities valued at the original face amount and $ 1,156 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 $ 9,920 million and adjustments of $ 241 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

Aug 21, 2002 Week ended

Aug 21, 2002 Aug 14, 2002 Aug 22, 2001
ASSETS

Gold certificate account 11,038 0 - 6

Special drawing rights certificate account 2,200 0 0

Coin 1,017 + 17 - 106

Loans 204 - 81 + 35

Acceptances 0 0 0

Repurchase agreements — triparty (1) 25,250 + 9,250 - 9,015

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 203,139 + 1,177 + 19,153

Notes (3) 293,914 + 1,215 + 38,135

Bonds (4) 105,866 + 156 + 4,853

Total bought outright (5) 602,919 + 2,547 + 62,141

Held under repurchase agreements 0 0 0

Total U.S. government securities 602,919 + 2,547 + 62,141

Total loans and securities 628,383 + 11,717 + 53,161

Items in process of collection (1,060) 6,991 + 372 + 150

Bank premises 1,522 + 1 + 10

Other assets (6) 35,737 - 3,601 + 1,463

 TOTAL ASSETS (1,060) 686,888 + 8,506 + 54,672

LIABILITIES

Federal Reserve notes 628,187 - 915 + 50,458

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 27,273 + 10,315 + 3,214

U.S. Treasury—general account 4,629 - 562 - 486

Foreign—official accounts 89 + 10 + 14

Other ( 0 ) 202 + 10 - 83

Total deposits ( 0 ) 32,193 + 9,773 + 2,659

Deferred availability cash items (1,060) 7,302 + 153 + 273

Other liabilities and accrued dividends (7) 2,388 - 12 - 680

TOTAL LIABILITIES (1,060) 670,071 + 8,999 + 52,712

CAPITAL ACCOUNTS

Capital paid in 8,303 + 16 + 1,134

Surplus 7,312 0 + 562

Other capital accounts 1,203 - 510 + 265

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Aug 22, 2001

Eliminations from

Consolidation Wednesday

Aug 21, 2002

Wednesday

Aug 14, 2002

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

2 Face value of the securities.

3 Includes $ 7,168 million of inflation-indexed securities valued at the original face amount and $ 647 million of compensation

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

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 509 million of compensation

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

5 Net of $ 22,328 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 0 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, August 21, 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 $ 12,242 million of inflation-indexed securities valued at the original face amount and $ 1,156 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 183 24,726 + 1,627 0 0 21,250 0

16 days to 90 days 21 122,596 - 4,643 0 0 4,000 0

91 days to 1 year 0 150,483 + 8,140 0 0 ——— ———

 Over 1 year to 5 years ——— 172,143 + 93 10 0 ——— ———

 Over 5 years to 10 years ——— 51,258 - 2,749 0 0 ——— ———

Over 10 years ——— 81,714 + 81 0 0 ——— ———

Total 204 602,919 + 2,547 10 0 25,250 0
 533

 115 43 0 0 0 1 0 11,639 16,840 6,066 34,544 0 34,544 34,545 442 92 1,863 - 3,653 33,981

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on August 21, 2002Millions of dollars

Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneap

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 secu2 Face value of the securities.3 Includes $ 7,168 million of inflation-indexed securities valued at the original face amount and $ 647 million of compensation that adjusts for the ef

principal of such securities.

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 509 million of compensation that adjusts for the e

principal of such securities.

5 Net of $ 22,328 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 

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.

 11,038 2,200 1,017 204 0 25,250 10 0 203,139 293,914 105,866 602,919 0 602,919 628,383 8,051 1,522 35,737 0 687,948

 4,363 874 48 0 0 25,250 4 0 79,927 115,644 41,654 237,225 0 237,225 262,479 1,038 183 12,460 +16,133 297,578

 430 83 48 0 0 0 0 0 7,811 11,302 4,071 23,184 0 23,184 23,184 350 49 1,134 - 4,126 21,152

 522 104 53 0 0 0 1 0 11,208 16,217 5,841 33,266 0 33,266 33,267 421 152 2,423 - 5,564 31,378

 819 147 131 0 0 0 1 0 15,843 22,923 8,257 47,023 0 47,023 47,024 562 130 5,330 + 795 54,938

 926 166 131 7 0 0 1 0 14,464 20,928 7,538 42,930 0 42,930 42,938 676 280 2,397 - 930 46,584

 1,080 212 133 48 0 0 1 0 23,905 34,588 12,458 70,952 0 70,952 71,000 824 111 3,663 - 9,544 67,479

 346 71 62 37 0 0 0 0 7,223 10,451 3,764 21,439 0 21,439 21,476 412 43 934 - 2,328 21,016

 1        3,1 4,5 1,6 9,4  9,4 9,5 6 1 6 + 4,0 15,1
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on August 21, 2002Millions of dollars

Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneap

 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 

arrangements and excludes the par value of securities pledged under reverse repurchase agreements.

Components may not add to totals due to rounding.

 628,187 0 27,273 4,629 89 202 32,193 8,362 2,388 671,131 8,303 7,312 1,203 687,948 746,997 118,810 628,187 11,038 2,200 0 614,949 628,187

 29,315 0 3,051 0 2 17 3,069 574 145 33,103 432 418 28 33,981 34,398 5,083 29,315

 277,460 0 9,885 4,629 65 132 14,710 802 749 293,721 1,853 1,504 501 297,578 311,559 34,099 277,460

 19,419 0 610 0 1 0 611 531 106 20,668 237 221 26 21,152 26,557 7,138 19,419

 27,745 0 1,681 0 3 1 1,685 426 138 29,994 688 665 31 31,378 32,386 4,641 27,745

 46,332 0 3,540 0 7 45 3,593 684 227 50,836 2,060 1,757 284 54,938 55,765 9,433 46,332

 43,115 0 1,443 0 2 0 1,445 800 199 45,560 473 535 17 46,584 59,248 16,132 43,115

 62,374 0 2,451 0 3 0 2,454 727 256 65,812 819 793 56 67,479 68,860 6,486 62,374

 19,614 0 638 0 1 3 642 236 106 20,598 201 149 67 21,016 23,091 3,477 19,614

 13,5  3    3 5  14,5 3 1 1 15,1 15,5 1,9 13,5