Reserve Bank Credit 562,918 + 6,081 + 28,357 564,428

U.S. government securities (1)

Bought outright-system account (2,3) 511,123 - 24 + 20,601 512,447

Held under repurchase agreements 0 0 - 2,458 0

Federal agency obligations (1)

Bought outright 140 0 - 98 140

Held under repurchase agreements 0 0 - 8,387 0

Repurchase agreements — triparty (4) 17,664 + 6,903 + 17,664 16,680

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 36 - 18 + 22 129

Seasonal credit 531 - 55 + 255 504

Extended credit 0 0 0 0

Float -2 - 500 + 40 747

Other F.R. assets 33,426 - 225 + 718 33,781

Gold stock 11,046 0 + 1 11,046

Special drawing rights certificate account 4,200 0 - 4,000 4,200

Treasury currency outstanding 30,105 + 14 + 2,768 30,105

Total factors supplying reserve funds 608,269 + 6,095 + 27,126 609,778

Currency in circulation* 572,193 + 3,822 + 30,374 573,551

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

Treasury cash holdings* 166 + 5 + 79 168

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

Treasury 5,594 + 349 + 481 4,359

Foreign 74 - 3 - 122 75

Service-related balances and adjustments (5) 6,793 + 94 - 226 6,793

Other 248 + 43 - 9 247

Other F.R. liabilities and capital 15,156 - 145 - 3,426 14,928

Total factors, other than reserve balances,

absorbing reserve funds 600,223 + 4,164 + 27,149 600,121

Reserve balances with F.R. Banks (6) 8,046 + 1,931 - 23 9,657

FEDERAL RESERVE

 September 7, 2000

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 September 6, 2000, 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 $ 714,324 million, a change of $ + 248 million for the week. The total includes

$ 619,409 million of U.S. government securities and $ 94,915 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 $ 16,449 million (daily average over statement week) and $ 15,558 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,449 million (daily average) and $ 15,558 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 391 million (daily average)

and $ 748 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 422 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 $ 6,264 million and adjustments of $ 529 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

 Sep 6, 2000 Week ended

 Sep 6, 2000 Aug 30, 2000 Sep 8, 1999
ASSETS

Gold certificate account 11,046 0 0

Special drawing rights certificate account 4,200 0 - 4,000

Coin 729 - 31 + 446

Loans 633 + 27 + 354

Acceptances 0 0 0

Repurchase agreements — triparty (1) 16,680 + 4,745 + 16,680

Federal agency obligations (2)

Bought outright 140 0 - 98

Held under repurchase agreements 0 0 - 13,350

U.S. government securities (2)

Bought outright—Bills 188,995 - 265 - 10,597

Notes (3) 232,772 - 884 + 21,940

Bonds (4) 90,679 + 500 + 10,629

Total bought outright (5) 512,447 - 648 + 21,973

Held under repurchase agreements 0 0 - 3,430

Total U.S. government securities 512,447 - 648 + 18,543

Total loans and securities 529,899 + 4,123 + 22,127

Items in process of collection ( 7 0 1 ) 11,517 + 4,406 + 873

Bank premises 1,419 + 7 + 87

Other assets (6) 32,367 - 87 + 571

 TOTAL ASSETS ( 7 0 1 ) 591,178 + 8,419 + 20,105

LIABILITIES

Federal Reserve notes 544,342 + 2,982 + 27,725

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 17,250 + 3,739 - 4,839

U.S. Treasury—general account 4,359 - 1,589 + 213

Foreign—official accounts 75 - 24 - 141

Other ( 0 ) 247 + 45 - 17

Total deposits ( 0 ) 21,932 + 2,171 - 4,784

Deferred availability cash items (701) 9,976 + 3,252 + 475

Other liabilities and accrued dividends (7) 4,427 + 53 - 363

TOTAL LIABILITIES ( 7 0 1 ) 580,677 + 8,458 + 23,053

CAPITAL ACCOUNTS

Capital paid in 6,874 + 18 + 566

Surplus 2,679 0 - 3,273

Other capital accounts 948 - 57 - 241

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Sep 8, 1999

Eliminations from

Consolidation Wednesday

 Sep 6, 2000

Wednesday

Aug 30, 2000

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

2 Face value of the securities.

3 Includes $ 4,857 million of inflation-indexed securities valued at the original face amount and $ 333 million of compensation

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

4 Includes $ 1,538 million of inflation-indexed securities valued at the original face amount and $ 89 million of compensation

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

5 Net of $ 15,558 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 748 million that are fully collateralized by other U.S. government securities.

6 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates.

7 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.

Maturity Distribution of Loans and Securities, September 6, 2000

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 $ 6,395 million of inflation-indexed securities valued at the original face amount and $ 422 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 234 15,459 - 2,381 10 0 12,685 0

16 days to 90 days 398 111,753 + 561 0 0 3,995 0

91 days to 1 year 0 131,447 + 2,357 0 0 ——— ———

 Over 1 year to 5 years ——— 129,601 - 1,689 10 0 ——— ———

 Over 5 years to 10 years ——— 53,074 + 3 120 0 ——— ———

Over 10 years ——— 71,112 + 499 0 0 ——— ———

Total 633 512,447 - 648 140 0 16,680 0
 535

 219 15 0 0 0 8 0 10,850 13,363 5,206 29,419 0 29,419 29,427 898 93 1,532 + 1,311 34,029

Each Federal Reserve Bank on September 6, 2000

Dallas San Francisco Kansas City Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneapolis

 through third-party custodial banks. These agreements are collateralized by U.S. government and federal agency securities.

on-indexed securities valued at the original face amount and $ 333 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 89 million of compensation that adjusts for the effects of inflation on the

sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 748 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 4,200 729 633 0 16,680 140 0 188,995 232,772 90,679 512,447 0 512,447 529,899 12,218 1,419 32,367 0 591,879

 4,428 1,668 63 117 0 16,680 54 0 72,953 89,851 35,002 197,805 0 197,805 214,656 1,534 163 10,855 +11,949 245,316

 414 158 47 3 0 0 6 0 7,872 9,695 3,777 21,344 0 21,344 21,352 537 49 1,171 - 683 23,046

 520 199 50 0 0 0 8 0 10,576 13,026 5,074 28,677 0 28,677 28,685 468 156 1,903 + 1,498 33,479

 750 280 97 0 0 0 8 0 11,094 13,664 5,323 30,082 0 30,082 30,090 977 124 4,973 + 376 37,668

 802 317 100 21 0 0 9 0 12,580 15,494 6,036 34,110 0 34,110 34,140 1,070 218 2,116 + 2,508 41,269

 1,064 405 91 116 0 0 17 0 22,607 27,843 10,847 61,296 0 61,296 61,429 799 105 3,107 - 4,891 62,108

 359 135 39 105 0 0 5 0 7,179 8,842 3,445 19,466 0 19,466 19,576 549 33 947 - 682 20,958

 158 58 22 149 0 0 1 0 796 980 382 2,157 0 2,157 2,307 768 126 652 - 1,077 3,015

 340 126 49 92 0 0 5 0 6,298 7,757 3,022 17,077 0 17,077 17,174 871 49 934 - 1,472 18,072

 514 187 71 15 0 0 4 0 5,592 6,887 2,683 15,162 0 15,162 15,181 655 138 993 - 4,989 12,750

 1,162 448 84 15 0 0 15 0 20,598 25,370 9,883 55,851 0 55,851 55,881 3,093 165 3,183 - 3,848 60,167
 Each Federal Reserve Bank on September 6, 2000

Dallas San Francisco Kansas City Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneapolis

(1)

TS

 through third-party custodial banks. These agreements are collateralized by U.S. government and agency securities.

nt reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.

ies bought outright or held under repurchase agreement are valued at face amount. Includes cash value of repurchase agreements under triparty

value of securities pledged under reverse repurchase agreements.

to rounding.

 544,342 0 17,250 4,359 75 247 21,932 10,676 4,427 581,378 6,874 2,679 948 591,879 766,252 221,910 544,342 11,046 4,200 0 529,097 544,342

 31,471 0 956 0 1 0 958 819 258 33,505 367 120 37 34,029 37,895 6,424 31,471

 230,808 0 4,677 4,359 51 136 9,223 1,363 1,505 242,899 1,440 552 424 245,316 307,606 76,798 230,808

 21,567 0 496 0 1 0 497 457 197 22,718 212 83 33 23,046 31,651 10,084 21,567

 31,007 0 883 0 2 2 887 617 262 32,774 468 185 52 33,479 37,503 6,496 31,007

 32,704 0 1,333 0 8 90 1,430 812 317 35,264 1,680 705 20 37,668 51,511 18,807 32,704

 37,265 0 1,980 0 2 0 1,983 941 334 40,523 490 192 65 41,269 60,797 23,532 37,265

 57,676 0 2,202 0 3 14 2,218 767 500 61,162 613 241 93 62,108 70,444 12,768 57,676

 19,260 0 980 0 1 0 981 309 184 20,733 135 66 24 20,958 24,027 4,767 19,260

 1,221 0 653 0 1 0 655 587 70 2,533 357 98 28 3,015 9,933 8,712 1,221

 16,450 0 686 0 1 2 689 491 176 17,807 175 75 16 18,072 21,993 5,542 16,450

 11,122 0 728 0 1 1 730 444 164 12,460 187 88 16 12,750 33,285 22,163 11,122

 53,792 0 1,676 0 3 2 1,680 3,069 461 59,002 750 275 141 60,167 79,608 25,816 53,792