Reserve Bank Credit 556,838 - 1,095 + 26,527 559,968

U.S. government securities (1)

Bought outright-system account (2,3) 511,147 + 1,380 + 21,008 513,095

Held under repurchase agreements 0 0 - 917 0

Federal agency obligations (1)

Bought outright 140 0 - 98 140

Held under repurchase agreements 0 0 - 5,358 0

Repurchase agreements — triparty (4) 10,761 - 2,520 + 10,761 11,935

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 54 + 40 - 2 20

Seasonal credit 586 + 21 + 295 586

Extended credit 0 0 0 0

Float 499 - 462 - 359 326

Other F.R. assets 33,651 + 446 + 1,196 33,867

Gold stock 11,046 0 0 11,046

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

Treasury currency outstanding 30,091 + 14 + 2,793 30,091

Total factors supplying reserve funds 602,174 - 1,081 + 25,319 605,305

Currency in circulation* 568,371 - 302 + 31,438 570,529

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

Treasury cash holdings* 161 + 4 + 77 161

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

Treasury 5,245 + 421 - 158 5,948

Foreign 77 - 24 - 135 99

Service-related balances and adjustments (5) 6,699 - 121 - 220 6,699

Other 205 - 29 - 51 202

Other F.R. liabilities and capital 15,301 + 67 - 2,877 14,915

Total factors, other than reserve balances,

absorbing reserve funds 596,059 + 16 + 28,074 598,553

Reserve balances with F.R. Banks (6) 6,116 - 1,096 - 2,755 6,752

FEDERAL RESERVE

 August 31, 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 August 30, 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 $ 714,076 million, a change of $ + 954 million for the week. The total includes

$ 620,012 million of U.S. government securities and $ 94,063 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 $ 15,707 million (daily average over statement week) and $ 15,038 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 15,707 million (daily average) and $ 15,038 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 787 million (daily average)

and $ 1,041 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 $ 417 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 $ 435 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 30, 2000 Week ended

Aug 30, 2000 Aug 23, 2000 Sep 1, 1999
ASSETS

Gold certificate account 11,046 0 + 1

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

Coin 760 - 19 + 472

Loans 606 + 19 + 269

Acceptances 0 0 0

Repurchase agreements — triparty (1) 11,935 - 6,395 + 11,935

Federal agency obligations (2)

Bought outright 140 0 - 98

Held under repurchase agreements 0 0 - 8,528

U.S. government securities (2)

Bought outright—Bills 189,260 + 1,051 - 10,119

Notes (3) 233,656 + 1,339 + 22,827

Bonds (4) 90,179 + 42 + 10,130

Total bought outright (5) 513,095 + 2,431 + 22,838

Held under repurchase agreements 0 0 - 3,825

Total U.S. government securities 513,095 + 2,431 + 19,013

Total loans and securities 525,776 - 3,944 + 22,591

Items in process of collection (645) 7,111 + 134 - 620

Bank premises 1,412 - 9 + 80

Other assets (6) 32,454 + 445 + 952

 TOTAL ASSETS ( 6 4 5 ) 582,759 - 3,394 + 19,476

LIABILITIES

Federal Reserve notes 541,360 + 1,302 + 28,570

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 13,511 - 5,488 - 4,066

U.S. Treasury—general account 5,948 + 798 - 533

Foreign—official accounts 99 + 28 - 76

Other ( 0 ) 202 - 1 - 62

Total deposits ( 0 ) 19,761 - 4,662 - 4,737

Deferred availability cash items (645) 6,724 - 1 - 909

Other liabilities and accrued dividends (7) 4,374 + 45 - 274

TOTAL LIABILITIES ( 6 4 5 ) 572,219 - 3,315 + 22,650

CAPITAL ACCOUNTS

Capital paid in 6,856 - 42 + 548

Surplus 2,679 0 - 3,273

Other capital accounts 1,005 - 36 - 449

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Sep 1, 1999

Eliminations from

Consolidation Wednesday

Aug 30, 2000

Wednesday

Aug 23, 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 $ 330 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 $ 87 million of compensation

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

5 Net of $ 15,038 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 1,041 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, August 30, 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 $ 417 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 538 17,840 - 84 10 + 10 8,040 0

16 days to 90 days 68 111,192 + 969 0 - 10 3,895 0

91 days to 1 year 0 129,090 + 1,538 0 0 ——— ———

 Over 1 year to 5 years ——— 131,290 + 1 10 0 ——— ———

 Over 5 years to 10 years ——— 53,071 + 6 120 0 ——— ———

Over 10 years ——— 70,613 + 2 0 0 ——— ———

Total 606 513,095 + 2,431 140 0 11,935 0
 535

 219 16 1 0 0 8 0 10,865 13,414 5,177 29,456 0 29,456 29,465 493 94 1,545 + 869 33,235

 Each Federal Reserve Bank on August 30, 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 $ 330 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 87 million of compensation that adjusts for the effects of inflation on the

ale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,041 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 4,200 760 606 0 11,935 140 0 189,260 233,656 90,179 513,095 0 513,095 525,776 7,756 1,412 32,454 0 583,404

 4,428 1,668 64 0 0 11,935 54 0 73,055 90,192 34,809 198,056 0 198,056 210,045 953 163 10,903 +16,762 244,985

 414 158 50 4 0 0 6 0 7,883 9,732 3,756 21,371 0 21,371 21,380 402 49 1,109 - 868 22,694

 520 199 52 0 0 0 8 0 10,591 13,076 5,047 28,713 0 28,713 28,721 237 156 1,908 + 1,375 33,168

 750 280 102 0 0 0 8 0 11,110 13,716 5,294 30,120 0 30,120 30,128 546 124 4,986 - 387 36,529

 802 317 102 19 0 0 9 0 12,598 15,553 6,003 34,153 0 34,153 34,181 639 210 2,122 + 1,413 39,787

 1,064 405 93 142 0 0 17 0 22,638 27,949 10,787 61,374 0 61,374 61,532 598 105 3,129 - 6,311 60,615

 359 135 42 122 0 0 5 0 7,189 8,876 3,426 19,491 0 19,491 19,618 332 33 959 - 1,303 20,175

 158 58 24 158 0 0 1 0 797 984 380 2,160 0 2,160 2,319 478 126 659 - 1,114 2,708

 340 126 53 114 0 0 5 0 6,307 7,786 3,005 17,099 0 17,099 17,218 385 49 939 - 1,417 17,693

 514 187 74 16 0 0 4 0 5,600 6,913 2,668 15,181 0 15,181 15,201 468 138 996 - 5,290 12,288

 1,162 448 89 30 0 0 15 0 20,627 25,466 9,829 55,922 0 55,922 55,967 2,226 165 3,199 - 3,727 59,528
 Each Federal Reserve Bank on August 30, 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.

 541,360 0 13,511 5,948 99 202 19,761 7,369 4,374 572,864 6,856 2,679 1,005 583,404 767,117 225,757 541,360 11,046 4,200 944 525,170 541,360

 31,378 0 572 0 1 0 574 576 260 32,788 292 120 34 33,235 37,953 6,575 31,378

 230,050 0 3,913 5,948 75 139 10,075 882 1,497 242,503 1,507 552 423 244,985 307,709 77,659 230,050

 21,448 0 373 0 1 0 374 346 195 22,362 212 83 36 22,694 31,739 10,291 21,448

 30,784 0 1,133 0 2 4 1,139 288 253 32,463 467 185 52 33,168 37,514 6,731 30,784

 32,420 0 854 0 8 48 910 479 307 34,115 1,680 705 30 36,529 51,473 19,053 32,420

 37,124 0 841 0 2 0 843 739 330 39,036 490 192 68 39,787 60,977 23,853 37,124

 57,295 0 1,299 0 3 7 1,308 558 494 59,655 613 241 106 60,615 70,504 13,209 57,295

 19,140 0 421 0 1 0 422 207 187 19,956 137 66 17 20,175 24,070 4,930 19,140

 1,196 0 500 0 1 0 502 468 67 2,233 349 98 28 2,708 9,955 8,759 1,196

 16,301 0 577 0 1 2 579 372 172 17,424 175 75 20 17,693 22,031 5,730 16,301

 10,885 0 688 0 1 1 690 240 162 11,977 187 88 36 12,288 33,370 22,485 10,885

 53,340 0 2,340 0 3 1 2,344 2,215 451 58,350 748 275 154 59,528 79,822 26,482 53,340