Reserve Bank Credit 600,643 - 527 + 43,844 603,567

U.S. government securities (1)

Bought outright-system account (2,3) 541,874 + 1,053 + 30,727 542,873

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 10 0 - 130 10

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 22,505 - 2,048 + 11,744 24,755

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 37 + 27 - 17 138

Seasonal credit 139 - 25 - 447 136

Extended credit 0 0 0 0

Float -30 + 39 - 522 -224

Other F.R. assets 36,108 + 428 + 2,489 35,879

Gold stock 11,044 0 - 2 11,044

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

Treasury currency outstanding 32,782 + 14 + 2,272 32,782

Total factors supplying reserve funds 646,668 - 513 + 44,113 649,592

Currency in circulation* 608,447 + 1,216 + 39,657 611,109

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

Treasury cash holdings* 410 - 2 + 249 416

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

Treasury 5,001 - 312 - 244 4,675

Foreign 106 + 34 + 29 151

Service-related balances and adjustments (5) 7,723 + 237 + 1,030 7,723

Other 291 - 14 + 86 282

Other F.R. liabilities and capital 18,117 - 346 + 2,816 17,848

Total factors, other than reserve balances,

absorbing reserve funds 640,095 + 812 + 43,623 642,205

Reserve balances with F.R. Banks (6) 6,574 - 1,324 + 491 7,387

FEDERAL RESERVE

 August 30, 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 August 29, 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 $ 716,704 million, a change of $ - 2,382 million for the week. The total includes

$ 586,569 million of U.S. government securities and $ 130,135 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 $ 17,571 million (daily average over statement week) and $ 17,087 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 17,571 million (daily average) and $ 17,087 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,766 million (daily average)

and $ 2,104 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 896 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 $ 7,237 million and adjustments of $ 486 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 29, 2001 Week ended

Aug 29, 2001 Aug 22, 2001 Aug 30, 2000
ASSETS

Gold certificate account 11,044 0 - 2

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

Coin 1,106 - 17 + 346

Loans 274 + 105 - 332

Acceptances 0 0 0

Repurchase agreements — triparty (1) 24,755 - 9,510 + 12,820

Federal agency obligations (2)

Bought outright 10 0 - 130

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 184,710 + 724 - 4,550

Notes (3) 257,099 + 1,320 + 23,443

Bonds (4) 101,064 + 51 + 10,885

Total bought outright (5) 542,873 + 2,095 + 29,778

Held under repurchase agreements 0 0 0

Total U.S. government securities 542,873 + 2,095 + 29,778

Total loans and securities 567,911 - 7,311 + 42,135

Items in process of collection (902) 6,619 - 222 - 492

Bank premises 1,512 0 + 100

Other assets (6) 34,769 + 495 + 2,315

 TOTAL ASSETS ( 9 0 2 ) 625,160 - 7,056 + 42,401

LIABILITIES

Federal Reserve notes 579,849 + 2,120 + 38,489

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 15,526 - 8,533 + 2,015

U.S. Treasury—general account 4,675 - 440 - 1,273

Foreign—official accounts 151 + 76 + 52

Other ( 0 ) 282 - 3 + 80

Total deposits ( 0 ) 20,634 - 8,900 + 873

Deferred availability cash items (902) 6,829 - 200 + 105

Other liabilities and accrued dividends (7) 3,055 - 13 - 1,319

TOTAL LIABILITIES ( 9 0 2 ) 610,367 - 6,992 + 38,148

CAPITAL ACCOUNTS

Capital paid in 7,190 + 21 + 334

Surplus 6,747 - 3 + 4,068

Other capital accounts 855 - 83 - 150

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Aug 30, 2000

Eliminations from

Consolidation Wednesday

Aug 29, 2001

Wednesday

Aug 22, 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 $ 574 million of compensation

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

4 Includes $ 3,504 million of inflation-indexed securities valued at the original face amount and $ 322 million of compensation

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

5 Net of $ 17,087 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,104 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 29, 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 $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 896 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 266 23,583 + 414 0 0 18,750 0

16 days to 90 days 8 111,288 - 82 0 0 6,005 0

91 days to 1 year 0 132,942 + 393 0 0 ——— ———

 Over 1 year to 5 years ——— 141,985 + 810 10 0 ——— ———

 Over 5 years to 10 years ——— 55,433 + 559 0 0 ——— ———

Over 10 years ——— 77,642 + 1 0 0 ——— ———

Total 274 542,873 + 2,095 10 0 24,755 0
 546

 115 61 0 0 0 1 0 11,098 15,447 6,072 32,617 0 32,617 32,618 550 93 1,798 - 1,595 34,185

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on August 29, 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 $ 574 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

4 Includes $ 3,504 million of inflation-indexed securities valued at the original face amount and $ 322 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 17,087 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,104 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 1,106 274 0 24,755 10 0 184,710 257,099 101,064 542,873 0 542,873 567,911 7,521 1,512 34,769 0 626,062

 4,450 874 59 0 0 24,755 4 0 75,663 105,316 41,399 222,379 0 222,379 247,138 764 169 12,486 - 6,709 259,230

 454 83 59 100 0 0 0 0 7,587 10,560 4,151 22,298 0 22,298 22,398 416 49 1,202 - 1,468 23,193

 538 104 70 33 0 0 1 0 10,814 15,052 5,917 31,782 0 31,782 31,816 272 153 2,062 - 2,479 32,536

 741 147 177 0 0 0 1 0 11,035 15,359 6,038 32,431 0 32,431 32,432 567 132 4,859 +11,726 50,783

 871 166 131 7 0 0 1 0 12,701 17,679 6,949 37,330 0 37,330 37,337 686 285 2,298 + 1,475 43,250

 1,028 212 136 40 0 0 1 0 20,920 29,118 11,446 61,485 0 61,485 61,526 601 107 3,263 + 3,584 70,457

 343 71 57 6 0 0 0 0 6,658 9,267 3,643 19,567 0 19,567 19,573 284 40 922 - 718 20,572

 143 30 33 56 0 0 0 0 576 802 315 1,694 0 1,694 1,750 518 124 687 + 4,031 7,316

 317 66 70 21 0 0 0 0 5,701 7,935 3,119 16,756 0 16,756 16,777 452 49 941 - 695 17,978

 477 98 112 5 0 0 0 0 3,348 4,661 1,832 9,841 0 9,841 9,847 317 137 785 + 1,607 13,380

 1,136 234 139 5 0 0 1 0 18,609 25,902 10,182 54,693 0 54,693 54,699 2,096 173 3,465 - 8,761 53,182
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on August 29, 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.

 579,849 0 15,526 4,675 151 282 20,634 7,731 3,055 611,269 7,190 6,747 855 626,062 739,484 159,635 579,849 11,044 2,200 0 566,605 579,849

 31,884 0 686 0 2 3 690 557 187 33,319 421 358 87 34,185 36,102 4,218 31,884

 247,575 0 1,642 4,675 128 131 6,577 883 1,023 256,058 1,467 1,468 238 259,230 290,128 42,554 247,575

 21,779 0 379 0 1 0 380 428 137 22,725 221 228 19 23,193 29,374 7,595 21,779

 29,756 0 1,035 0 2 2 1,039 350 184 31,329 611 472 124 32,536 35,541 5,785 29,756

 43,653 0 2,708 0 7 131 2,847 621 243 47,364 1,703 1,679 37 50,783 55,676 12,023 43,653

 40,041 0 1,152 0 2 2 1,157 695 253 42,146 537 495 72 43,250 63,794 23,753 40,041

 64,580 0 3,376 0 3 1 3,380 645 326 68,931 737 632 157 70,457 72,593 8,012 64,580

 19,285 0 640 0 1 1 642 202 130 20,259 149 138 27 20,572 22,996 3,711 19,285

 6,007 0 431 0 1 0 433 519 65 7,024 174 118 0 7,316 9,028 3,021 6,007

 16,376 0 662 0 1 7 670 420 122 17,587 188 179 24 17,978 20,309 3,933 16,376

 12,119 0 510 0 1 1 512 292 100 13,023 162 188 7 13,380 32,283 20,164 12,119

 46,794 0 2,304 0 3 2 2,309 2,117 285 51,504 820 792 66 53,182 71,660 24,866 46,794