Reserve Bank Credit 640,408 - 3,606 + 61,219 641,490

U.S. government securities (1)

Bought outright-system account (2,3) 580,266 + 1,934 + 54,834 582,038

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) 21,964 - 6,236 + 4,781 21,000

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 8 + 4 - 21 11

Seasonal credit 56 + 8 + 20 55

Extended credit 0 0 0 0

Float -518 + 180 - 116 -560

Other F.R. assets 38,622 + 504 + 1,722 38,935

Gold stock 11,044 0 - 2 11,044

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

Treasury currency outstanding 33,647 + 14 + 1,265 33,647

Total factors supplying reserve funds 687,298 - 3,592 + 62,481 688,380

Currency in circulation* 643,464 - 334 + 55,463 644,691

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

Treasury cash holdings* 399 - 4 - 113 393

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

Treasury 6,994 + 1,037 + 100 6,255

Foreign 82 - 34 - 37 76

Service-related balances and adjustments (5) 10,131 + 78 + 3,100 10,131

Other 232 - 10 - 115 231

Other F.R. liabilities and capital 18,858 + 122 + 887 18,688

Total factors, other than reserve balances,

absorbing reserve funds 680,161 + 856 + 59,285 680,465

Reserve balances with F.R. Banks (6) 7,137 - 4,449 + 3,196 7,915

FEDERAL RESERVE

 April 25, 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 24, 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 $ 737,845 million, a change of $ - 7,163 million for the week. The total includes

$ 594,317 million of U.S. government securities and $ 143,528 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 $ 19,762 million (daily average over statement week) and $ 19,394 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,762 million (daily average) and $ 19,394 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 439 million (daily average)

and $ 378 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 11,130 million of inflation-indexed securities valued at the original face amount and $ 1,026 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 $ 9,870 million and adjustments of $ 261 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 24, 2002 Week ended

Apr 24, 2002 Apr 17, 2002 Apr 25, 2001
ASSETS

Gold certificate account 11,044 0 - 2

Special drawing rights certificate account 2,200 0 0

Coin 999 - 19 - 122

Loans 66 + 15 0

Acceptances 0 0 0

Repurchase agreements — triparty (1) 21,000 - 6,200 + 4,493

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 193,713 - 88 + 11,790

Notes (3) 283,086 + 2,001 + 34,800

Bonds (4) 105,239 + 80 + 8,148

Total bought outright (5) 582,038 + 1,992 + 54,738

Held under repurchase agreements 0 0 0

Total U.S. government securities 582,038 + 1,992 + 54,738

Total loans and securities 603,114 - 4,192 + 59,232

Items in process of collection (1,184) 7,393 - 472 - 625

Bank premises 1,515 + 1 + 24

Other assets (6) 37,192 + 610 + 1,700

 TOTAL ASSETS (1,184) 663,457 - 4,072 + 60,207

LIABILITIES

Federal Reserve notes 612,437 - 33 + 54,351

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 18,106 - 1,885 + 6,974

U.S. Treasury—general account 6,255 - 1,485 - 1,228

Foreign—official accounts 76 0 - 45

Other ( 0 ) 231 0 - 99

Total deposits ( 0 ) 24,668 - 3,370 + 5,602

Deferred availability cash items (1,184) 7,664 - 799 - 774

Other liabilities and accrued dividends (7) 2,423 + 30 - 1,101

TOTAL LIABILITIES (1,184) 647,191 - 4,173 + 58,076

CAPITAL ACCOUNTS

Capital paid in 8,056 + 51 + 1,006

Surplus 7,290 + 8 + 915

Other capital accounts 920 + 42 + 209

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Apr 25, 2001

Eliminations from

Consolidation Wednesday

Apr 24, 2002

Wednesday

Apr 17, 2002

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

2 Face value of the securities.

3 Includes $ 6,178 million of inflation-indexed securities valued at the original face amount and $ 597 million of compensation

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

4 Includes $ 4,952 million of inflation-indexed securities valued at the original face amount and $ 430 million of compensation

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

5 Net of $ 19,394 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 378 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 24, 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 $ 11,130 million of inflation-indexed securities valued at the original face amount and $ 1,026 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 66 27,661 + 2,651 0 0 17,000 0

16 days to 90 days 0 126,543 - 1,918 0 0 4,000 0

91 days to 1 year 0 132,466 + 547 0 0 ——— ———

 Over 1 year to 5 years ——— 160,385 + 535 10 0 ——— ———

 Over 5 years to 10 years ——— 53,551 + 174 0 0 ——— ———

Over 10 years ——— 81,433 + 5 0 0 ——— ———

Total 66 582,038 + 1,992 10 0 21,000 0
 533

 115 61 5 0 0 1 0 11,099 16,219 6,030 33,348 0 33,348 33,353 507 92 1,959 - 3,642 32,978

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on April 24, 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 $ 6,178 million of inflation-indexed securities valued at the original face amount and $ 597 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

4 Includes $ 4,952 million of inflation-indexed securities valued at the original face amount and $ 430 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 19,394 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 378 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 2,200 999 66 0 21,000 10 0 193,713 283,086 105,239 582,038 0 582,038 603,114 8,577 1,515 37,192 0 664,641

 4,369 874 54 0 0 21,000 4 0 76,219 111,383 41,408 229,009 0 229,009 250,013 999 181 13,223 + 3,057 272,770

 430 83 53 1 0 0 0 0 7,449 10,885 4,047 22,381 0 22,381 22,382 442 49 1,240 - 1,694 22,985

 522 104 52 0 0 0 1 0 10,688 15,619 5,807 32,114 0 32,114 32,114 283 152 2,449 - 3,158 32,519

 819 147 138 0 0 0 1 0 15,108 22,079 8,208 45,395 0 45,395 45,396 464 131 5,209 + 1,382 53,685

 926 166 86 0 0 0 1 0 13,793 20,157 7,493 41,443 0 41,443 41,444 928 280 2,506 + 417 46,753

 1,080 212 124 32 0 0 1 0 22,796 33,314 12,385 68,494 0 68,494 68,527 655 107 3,861 - 2,765 71,802

 346 71 56 6 0 0 0 0 6,888 10,066 3,742 20,696 0 20,696 20,702 414 43 1,008 - 1,263 21,378

 179 30 37 15 0 0 0 0 3,028 4,425 1,645 9,099 0 9,099 9,114 566 123 631 + 4,653 15,334

 309 66 71 7 0 0 0 0 5,726 8,368 3,111 17,205 0 17,205 17,212 338 49 985 - 363 18,667

 485 98 129 0 0 0 0 0 4,299 6,283 2,336 12,917 0 12,917 12,918 555 137 820 + 7,685 22,826

 1,046 234 137 0 0 0 1 0 16,620 24,288 9,029 49,937 0 49,937 49,938 2,425 171 3,302 - 4,308 52,944
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on April 24, 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.

 612,437 0 18,106 6,255 76 231 24,668 8,848 2,423 648,376 8,056 7,290 920 664,641 747,847 135,411 612,437 11,044 2,200 0 599,193 612,437

 30,610 0 730 0 2 8 739 592 148 32,089 430 418 41 32,978 35,310 4,700 30,610

 255,858 0 5,149 6,255 52 133 11,590 1,002 740 269,190 1,682 1,504 394 272,770 297,570 41,712 255,858

 20,456 0 1,304 0 1 2 1,306 650 107 22,520 223 221 21 22,985 27,581 7,125 20,456

 29,181 0 1,405 0 3 1 1,409 399 138 31,127 680 665 48 32,519 34,046 4,865 29,181

 46,623 0 2,034 0 7 77 2,117 614 257 49,612 2,114 1,757 202 53,685 56,800 10,178 46,623

 43,463 0 1,264 0 2 0 1,267 800 203 45,732 450 535 35 46,753 61,477 18,015 43,463

 66,629 0 2,592 0 3 1 2,596 656 258 70,139 800 793 70 71,802 73,591 6,963 66,629

 20,139 0 474 0 1 4 479 283 106 21,007 203 149 18 21,378 23,871 3,731 20,139

 13,857 0 444 0 1 0 444 552 78 14,932 306 96 0 15,334 16,019 2,162 13,857

 17,245 0 648 0 1 4 653 273 96 18,267 191 191 18 18,667 21,273 4,028 17,245

 21,283 0 635 0 1 0 636 469 93 22,481 167 164 14 22,826 33,793 12,510 21,283

 47,094 0 1,427 0 3 1 1,431 2,558 199 51,281 808 796 59 52,944 66,516 19,422 47,094