Reserve Bank Credit 608,992 + 8,349 + 46,114 612,097

U.S. government securities (1)

Bought outright-system account (2,3) 542,052 + 178 + 30,929 542,333

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) 29,885 + 7,380 + 12,221 31,215

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 21 - 16 - 15 99

Seasonal credit 114 - 25 - 417 96

Extended credit 0 0 0 0

Float 601 + 631 + 611 2,079

Other F.R. assets 36,310 + 202 + 2,916 36,266

Gold stock 11,044 0 - 2 11,044

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

Treasury currency outstanding 32,796 + 14 + 2,247 32,796

Total factors supplying reserve funds 655,032 + 8,364 + 46,359 658,137

Currency in circulation* 613,195 + 4,748 + 40,558 614,361

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

Treasury cash holdings* 416 + 6 + 250 421

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

Treasury 5,252 + 251 - 342 4,358

Foreign 77 - 29 + 3 73

Service-related balances and adjustments (5) 7,573 - 150 + 785 7,573

Other 287 - 4 + 39 308

Other F.R. liabilities and capital 18,084 - 33 + 2,928 17,672

Total factors, other than reserve balances,

absorbing reserve funds 644,884 + 4,789 + 44,222 644,766

Reserve balances with F.R. Banks (6) 10,148 + 3,575 + 2,137 13,371

FEDERAL RESERVE

 September 6, 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 September 5, 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 $ 719,895 million, a change of $ + 3,191 million for the week. The total includes

$ 589,182 million of U.S. government securities and $ 130,713 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 $ 18,043 million (daily average over statement week) and $ 17,796 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 18,043 million (daily average) and $ 17,796 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 145 million (daily average)

and $ 420 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 $ 894 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 $ 336 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 5, 2001 Week ended

 Sep 5, 2001 Aug 29, 2001 Sep 6, 2000
ASSETS

Gold certificate account 11,044 0 - 2

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

Coin 1,079 - 27 + 350

Loans 195 - 79 - 438

Acceptances 0 0 0

Repurchase agreements — triparty (1) 31,215 + 6,460 + 14,535

Federal agency obligations (2)

Bought outright 10 0 - 130

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 184,129 - 581 - 4,866

Notes (3) 256,194 - 905 + 23,422

Bonds (4) 102,010 + 946 + 11,331

Total bought outright (5) 542,333 - 540 + 29,886

Held under repurchase agreements 0 0 0

Total U.S. government securities 542,333 - 540 + 29,886

Total loans and securities 573,753 + 5,842 + 43,854

Items in process of collection ( 7 7 5 ) 13,213 + 6,594 + 1,696

Bank premises 1,510 - 2 + 91

Other assets (6) 34,588 - 181 + 2,221

 TOTAL ASSETS ( 7 7 5 ) 637,387 + 12,227 + 46,209

LIABILITIES

Federal Reserve notes 583,065 + 3,216 + 38,723

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 20,937 + 5,411 + 3,687

U.S. Treasury—general account 4,358 - 317 - 1

Foreign—official accounts 73 - 78 - 2

Other ( 0 ) 308 + 26 + 61

Total deposits ( 0 ) 25,676 + 5,042 + 3,744

Deferred availability cash items ( 7 7 5 ) 10,974 + 4,145 + 998

Other liabilities and accrued dividends (7) 3,049 - 6 - 1,378

TOTAL LIABILITIES ( 7 7 5 ) 622,764 + 12,397 + 42,087

CAPITAL ACCOUNTS

Capital paid in 7,192 + 2 + 318

Surplus 6,735 - 12 + 4,056

Other capital accounts 696 - 159 - 252

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Sep 6, 2000

Eliminations from

Consolidation Wednesday

 Sep 5, 2001

Wednesday

Aug 29, 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 $ 573 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 $ 321 million of compensation

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

5 Net of $ 17,796 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 420 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, September 5, 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 $ 894 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 117 16,679 - 6,904 0 0 25,215 0

16 days to 90 days 78 118,504 + 7,216 0 0 6,000 0

91 days to 1 year 0 131,525 - 1,417 0 0 ——— ———

 Over 1 year to 5 years ——— 141,453 - 532 10 0 ——— ———

 Over 5 years to 10 years ——— 55,583 + 150 0 0 ——— ———

Over 10 years ——— 78,589 + 947 0 0 ——— ———

Total 195 542,333 - 540 10 0 31,215 0
 546

 115 57 0 0 0 1 0 11,063 15,393 6,129 32,585 0 32,585 32,585 1,151 93 1,786 - 110 36,224

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on September 5, 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 $ 573 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 $ 321 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 17,796 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 420 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 1,079 195 0 31,215 10 0 184,129 256,194 102,010 542,333 0 542,333 573,753 13,988 1,510 34,588 0 638,162

 4,450 874 62 0 0 31,215 4 0 75,425 104,945 41,787 222,157 0 222,157 253,377 1,292 169 12,454 -10,862 261,815

 454 83 55 4 0 0 0 0 7,563 10,523 4,190 22,276 0 22,276 22,280 901 49 1,196 - 1,012 24,007

 538 104 68 0 0 0 1 0 10,780 14,999 5,972 31,751 0 31,751 31,751 612 153 2,055 - 1,923 33,357

 741 147 174 94 0 0 1 0 11,000 15,305 6,094 32,399 0 32,399 32,494 1,198 132 4,813 +12,593 52,291

 871 166 128 7 0 0 1 0 12,661 17,617 7,015 37,293 0 37,293 37,300 1,044 285 2,284 + 1,832 43,910

 1,028 212 131 29 0 0 1 0 20,854 29,016 11,553 61,423 0 61,423 61,454 1,223 107 3,245 + 2,764 70,164

 343 71 55 6 0 0 0 0 6,637 9,234 3,677 19,547 0 19,547 19,554 780 40 921 - 764 20,999

 143 30 32 35 0 0 0 0 574 799 318 1,692 0 1,692 1,727 778 124 678 + 4,102 7,614

 317 66 66 15 0 0 0 0 5,683 7,907 3,149 16,739 0 16,739 16,754 809 49 937 - 680 18,318

 477 98 112 3 0 0 0 0 3,338 4,644 1,849 9,832 0 9,832 9,834 877 137 780 + 1,600 13,915

 1,136 234 139 3 0 0 1 0 18,551 25,811 10,277 54,639 0 54,639 54,643 3,325 173 3,439 - 7,539 55,548
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on September 5, 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.

 583,065 0 20,937 4,358 73 308 25,676 11,749 3,049 623,539 7,192 6,735 696 638,162 739,818 156,753 583,065 11,044 2,200 0 569,822 583,065

 32,116 0 2,114 0 2 4 2,120 943 188 35,367 421 358 78 36,224 36,130 4,014 32,116

 247,795 0 4,088 4,358 49 135 8,631 1,247 1,027 258,699 1,467 1,468 181 261,815 289,895 42,099 247,795

 21,806 0 820 0 1 0 821 781 138 23,546 221 228 11 24,007 29,300 7,494 21,806

 30,037 0 1,271 0 2 1 1,273 645 180 32,136 611 472 138 33,357 35,605 5,568 30,037

 44,083 0 3,406 0 7 145 3,558 1,029 244 48,915 1,703 1,673 0 52,291 55,762 11,679 44,083

 40,067 0 1,440 0 2 2 1,444 1,057 253 42,821 538 495 56 43,910 63,946 23,879 40,067

 65,216 0 2,231 0 3 1 2,235 878 325 68,654 737 632 141 70,164 72,770 7,554 65,216

 19,528 0 674 0 1 1 675 356 128 20,687 149 138 25 20,999 23,051 3,523 19,528

 6,043 0 588 0 1 1 591 631 64 7,329 174 111 0 7,614 9,004 2,961 6,043

 16,733 0 650 0 1 2 653 427 123 17,936 188 179 14 18,318 20,467 3,734 16,733

 12,436 0 521 0 1 4 526 504 97 13,562 162 188 3 13,915 32,422 19,986 12,436

 47,204 0 3,134 0 3 13 3,150 3,251 283 53,888 820 792 48 55,548 71,466 24,262 47,204