Reserve Bank Credit 606,621 - 10,067 + 47,229 610,749

U.S. government securities (1)

Bought outright-system account (2,3) 543,577 + 2,255 + 33,113 544,190

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 10 0 - 120 10

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 27,405 - 5,749 + 15,716 30,050

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 10 + 3 - 165 42

Seasonal credit 64 - 3 - 213 60

Extended credit 0 0 0 0

Float -30 - 947 - 297 654

Other F.R. assets 35,585 - 5,628 - 806 35,743

Gold stock 11,045 0 - 1 11,045

Special drawing rights certificate account 2,200 0 - 1,000 2,200

Treasury currency outstanding 33,055 + 14 + 2,022 33,055

Total factors supplying reserve funds 652,921 - 10,053 + 48,251 657,049

Currency in circulation* 614,807 - 1,306 + 43,839 615,437

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

Treasury cash holdings* 451 + 9 + 164 439

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

Treasury 5,321 + 599 + 43 4,297

Foreign 579 - 53 + 488 282

Service-related balances and adjustments (5) 8,058 - 38 + 1,361 8,058

Other 262 + 5 + 21 251

Other F.R. liabilities and capital 17,844 - 114 + 1,778 17,597

Total factors, other than reserve balances,

absorbing reserve funds 647,322 - 898 + 47,694 646,361

Reserve balances with F.R. Banks (6) 5,599 - 9,156 + 557 10,688

FEDERAL RESERVE

 October 25, 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 October 24, 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 $ 737,760 million, a change of $ + 1,085 million for the week. The total includes

$ 598,193 million of U.S. government securities and $ 139,567 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 $ 18,124 million (daily average over statement week) and $ 18,026 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 18,124 million (daily average) and $ 18,026 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 2,860 million (daily average)

and $ 3,055 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 908 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 $ 7,427 million and adjustments of $ 631 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

Oct 24, 2001 Week ended

Oct 24, 2001 Oct 17, 2001 Oct 25, 2000
ASSETS

Gold certificate account 11,045 0 - 1

Special drawing rights certificate account 2,200 0 - 1,000

Coin 1,113 + 8 + 257

Loans 102 + 37 - 180

Acceptances 0 0 0

Repurchase agreements — triparty (1) 30,050 - 6,995 + 20,055

Federal agency obligations (2)

Bought outright 10 0 - 120

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 183,033 - 340 + 289

Notes (3) 258,389 0 + 22,000

Bonds (4) 102,768 + 507 + 10,863

Total bought outright (5) 544,190 + 166 + 33,152

Held under repurchase agreements 0 0 0

Total U.S. government securities 544,190 + 166 + 33,152

Total loans and securities 574,352 - 6,792 + 52,907

Items in process of collection (891) 7,709 - 388 - 1,459

Bank premises 1,514 + 3 + 81

Other assets (6) 36,760 + 249 + 1,455

 TOTAL ASSETS ( 8 9 1 ) 634,694 - 6,918 + 52,240

LIABILITIES

Federal Reserve notes 583,933 - 803 + 42,058

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 21,128 - 4,167 + 8,268

U.S. Treasury—general account 4,297 - 741 + 90

Foreign—official accounts 282 - 462 + 211

Other ( 0 ) 251 - 5 + 10

Total deposits ( 0 ) 25,958 - 5,375 + 8,578

Deferred availability cash items (891) 7,205 - 605 + 260

Other liabilities and accrued dividends (7) 2,827 - 20 - 1,466

TOTAL LIABILITIES ( 8 9 1 ) 619,923 - 6,802 + 49,430

CAPITAL ACCOUNTS

Capital paid in 7,275 + 4 + 294

Surplus 6,735 - 9 + 4,056

Other capital accounts 760 - 112 - 1,540

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Oct 25, 2000

Eliminations from

Consolidation Wednesday

Oct 24, 2001

Wednesday

Oct 17, 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 $ 557 million of compensation

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

4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 351 million of compensation

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

5 Net of $ 18,026 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 3,055 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, October 24, 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 $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 908 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 98 22,095 - 312 0 0 21,050 0

16 days to 90 days 4 116,721 + 893 0 0 9,000 0

91 days to 1 year 0 129,647 - 922 0 0 ——— ———

 Over 1 year to 5 years ——— 146,198 0 10 0 ——— ———

 Over 5 years to 10 years ——— 50,204 0 0 0 ——— ———

Over 10 years ——— 79,324 + 507 0 0 ——— ———

Total 102 544,190 + 166 10 0 30,050 0
 546

 115 58 0 0 0 1 0 10,997 15,525 6,175 32,696 0 32,696 32,697 469 93 1,912 - 2,628 33,262

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on October 24, 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 $ 557 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 351 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 18,026 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 3,055 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.

 11,045 2,200 1,113 102 0 30,050 10 0 183,033 258,389 102,768 544,190 0 544,190 574,352 8,601 1,514 36,760 0 635,585

 4,451 874 69 0 0 30,050 4 0 74,976 105,845 42,097 222,918 0 222,918 252,972 1,159 171 13,390 - 9,053 264,033

 454 83 47 0 0 0 0 0 7,518 10,613 4,221 22,352 0 22,352 22,353 390 49 1,307 - 2,039 22,645

 538 104 68 0 0 0 1 0 10,716 15,127 6,017 31,860 0 31,860 31,860 549 153 2,172 - 2,344 33,099

 741 147 176 0 0 0 1 0 10,934 15,436 6,139 32,510 0 32,510 32,511 510 133 4,924 +10,806 49,947

 871 166 132 7 0 0 1 0 12,586 17,768 7,067 37,420 0 37,420 37,428 750 286 2,426 + 1,009 43,067

 1,028 212 130 17 0 0 1 0 20,730 29,265 11,639 61,634 0 61,634 61,652 656 107 3,494 + 4,427 71,706

 343 71 62 4 0 0 0 0 6,597 9,313 3,704 19,614 0 19,614 19,619 286 41 997 + 46 21,465

 143 30 35 20 0 0 0 0 571 806 321 1,698 0 1,698 1,718 597 124 677 + 7,003 10,327

 317 66 69 50 0 0 0 0 5,649 7,975 3,172 16,797 0 16,797 16,847 587 49 1,000 - 932 18,004

 477 98 124 2 0 0 0 0 3,318 4,684 1,863 9,865 0 9,865 9,868 412 137 815 + 3,030 14,962

 1,136 234 143 1 0 0 1 0 18,440 26,032 10,354 54,826 0 54,826 54,828 2,236 173 3,645 - 9,326 53,068
H.4.1 (c)

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

 583,933 0 21,128 4,297 282 251 25,958 8,096 2,827 620,815 7,275 6,735 760 635,585 742,877 158,944 583,933 11,045 2,200 0 570,689 583,933

 31,053 0 711 0 2 0 713 461 176 32,403 421 358 80 33,262 36,258 5,205 31,053

 242,221 0 12,068 4,297 259 132 16,756 998 924 260,899 1,472 1,468 195 264,033 286,704 44,482 242,221

 21,136 0 437 0 1 1 439 479 127 22,181 223 228 13 22,645 29,049 7,914 21,136

 30,280 0 1,013 0 2 1 1,016 381 168 31,846 620 472 161 33,099 35,674 5,394 30,280

 44,480 0 1,124 0 7 97 1,229 551 246 46,506 1,757 1,679 6 49,947 56,016 11,536 44,480

 40,305 0 670 0 2 0 673 760 236 41,974 538 495 60 43,067 64,380 24,075 40,305

 67,435 0 1,795 0 3 2 1,801 651 302 70,188 741 632 146 71,706 75,119 7,684 67,435

 20,471 0 339 0 1 0 340 224 120 21,155 148 138 23 21,465 23,370 2,899 20,471

 9,095 0 352 0 1 0 354 534 61 10,043 177 106 0 10,327 11,708 2,613 9,095

 16,627 0 475 0 1 12 487 392 113 17,619 188 179 18 18,004 20,894 4,268 16,627

 13,623 0 454 0 1 4 459 432 95 14,609 163 188 1 14,962 33,328 19,705 13,623

 47,208 0 1,689 0 3 1 1,693 2,232 259 51,393 825 792 57 53,068 70,377 23,169 47,208