Reserve Bank Credit 611,281 - 60,699 + 52,489 614,782

U.S. government securities (1)

Bought outright-system account (2,3) 530,998 + 7,639 + 19,845 526,817

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) 39,333 - 35,963 + 27,908 51,290

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 1,065 - 437 + 1,047 20

Seasonal credit 67 - 28 - 331 75

Extended credit 0 0 0 0

Float 2,029 - 25,588 + 1,352 -1,437

Other F.R. assets 37,778 - 6,323 + 2,787 38,007

Gold stock 11,043 0 - 3 11,043

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

Treasury currency outstanding 32,838 + 14 + 2,079 32,838

Total factors supplying reserve funds 657,362 - 60,685 + 53,565 660,863

Currency in circulation* 612,802 - 2,383 + 44,453 613,429

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

Treasury cash holdings* 429 + 3 + 252 422

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

Treasury 8,462 + 2,171 + 1,105 9,668

Foreign 605 + 448 + 528 635

Service-related balances and adjustments (5) 8,140 + 432 + 1,246 8,140

Other 298 - 84 + 56 237

Other F.R. liabilities and capital 18,787 - 1,873 + 3,454 17,760

Total factors, other than reserve balances,

absorbing reserve funds 649,523 - 1,286 + 51,094 650,291

Reserve balances with F.R. Banks (6) 7,838 - 59,400 + 2,469 10,572

FEDERAL RESERVE

 September 27, 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 26, 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 $ 730,198 million, a change of $ + 2,402 million for the week. The total includes

$ 602,300 million of U.S. government securities and $ 127,898 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 $ 28,571 million (daily average over statement week) and $ 32,821 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 28,571 million (daily average) and $ 32,821 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 4,926 million (daily average)

and $ 6,506 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 $ 874 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 $ 7,649 million and adjustments of $ 491 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 26, 2001 Week ended

Sep 26, 2001 Sep 19, 2001 Sep 27, 2000
ASSETS

Gold certificate account 11,043 0 - 3

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

Coin 1,116 + 14 + 326

Loans 95 - 2,578 - 319

Acceptances 0 0 0

Repurchase agreements — triparty (1) 51,290 + 11,690 + 39,120

Federal agency obligations (2)

Bought outright 10 0 - 120

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 167,782 + 200 - 17,634

Notes (3) 257,032 - 4 + 21,308

Bonds (4) 102,003 - 2 + 10,671

Total bought outright (5) 526,817 + 193 + 14,345

Held under repurchase agreements 0 0 0

Total U.S. government securities 526,817 + 193 + 14,345

Total loans and securities 578,212 + 9,305 + 53,026

Items in process of collection (1,017) 7,893 - 4,540 + 821

Bank premises 1,510 0 + 85

Other assets (6) 36,344 + 349 + 1,941

 TOTAL ASSETS (1,017) 638,318 + 5,128 + 55,195

LIABILITIES

Federal Reserve notes 582,129 - 1,881 + 42,243

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 20,527 + 5,386 + 7,500

U.S. Treasury—general account 9,668 + 4,255 + 1,682

Foreign—official accounts 635 + 377 + 560

Other ( 0 ) 237 - 51 + 48

Total deposits ( 0 ) 31,067 + 9,966 + 9,791

Deferred availability cash items (1,017) 7,363 - 645 + 436

Other liabilities and accrued dividends (7) 2,944 - 1,631 - 1,394

TOTAL LIABILITIES (1,017) 623,502 + 5,808 + 51,075

CAPITAL ACCOUNTS

Capital paid in 7,208 + 6 + 259

Surplus 6,760 - 4 + 4,081

Other capital accounts 848 - 682 - 219

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Sep 27, 2000

Eliminations from

Consolidation Wednesday

Sep 26, 2001

Wednesday

Sep 19, 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 $ 560 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 $ 314 million of compensation

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

5 Net of $ 32,821 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 6,506 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 26, 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 $ 874 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 92 21,870 + 1,187 0 0 43,785 0

16 days to 90 days 3 98,372 - 269 0 0 7,505 0

91 days to 1 year 0 130,118 - 718 0 0 ——— ———

 Over 1 year to 5 years ——— 142,304 0 10 0 ——— ———

 Over 5 years to 10 years ——— 55,572 - 4 0 0 ——— ———

Over 10 years ——— 78,581 - 3 0 0 ——— ———

Total 95 526,817 + 193 10 0 51,290 0
 546

 115 57 3 0 0 1 0 10,081 15,443 6,129 31,652 0 31,652 31,656 541 93 1,882 + 30 34,919

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on September 26, 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 $ 560 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 $ 314 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 32,821 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 6,506 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.

 11,043 2,200 1,116 95 0 51,290 10 0 167,782 257,032 102,003 526,817 0 526,817 578,212 8,910 1,510 36,344 0 639,335

 4,449 874 65 0 0 51,290 4 0 68,729 105,289 41,784 215,802 0 215,802 267,096 808 169 13,086 -23,072 263,475

 454 83 52 0 0 0 0 0 6,891 10,557 4,190 21,638 0 21,638 21,639 466 49 1,317 - 851 23,208

 538 104 68 0 0 0 1 0 9,823 15,048 5,972 30,842 0 30,842 30,843 305 152 2,151 - 1,124 33,038

 741 147 183 0 0 0 1 0 10,023 15,355 6,094 31,472 0 31,472 31,473 545 132 4,995 +14,717 52,933

 871 166 134 7 0 0 1 0 11,537 17,674 7,014 36,226 0 36,226 36,233 643 285 2,396 + 2,560 43,289

 1,028 212 133 23 0 0 1 0 19,003 29,111 11,553 59,666 0 59,666 59,690 832 106 3,436 + 6,500 71,938

 343 71 59 5 0 0 0 0 6,047 9,264 3,677 18,988 0 18,988 18,993 516 40 971 + 859 21,851

 143 30 34 27 0 0 0 0 523 802 318 1,644 0 1,644 1,670 519 124 694 + 4,327 7,541

 317 66 72 16 0 0 0 0 5,179 7,933 3,148 16,260 0 16,260 16,277 594 49 984 + 672 19,031

 477 98 118 3 0 0 0 0 3,042 4,660 1,849 9,550 0 9,550 9,553 661 137 812 + 2,761 14,618

 1,136 234 141 11 0 0 1 0 16,904 25,895 10,277 53,076 0 53,076 53,088 2,480 173 3,619 - 7,379 53,493
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on September 26, 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.

 582,129 0 20,527 9,668 635 237 31,067 8,380 2,944 624,519 7,208 6,760 848 639,335 741,775 159,646 582,129 11,043 2,200 0 568,885 582,129

 31,990 0 1,363 0 2 1 1,366 514 184 34,054 421 358 85 34,919 36,413 4,423 31,990

 243,001 0 4,928 9,668 612 178 15,385 964 971 260,321 1,469 1,468 218 263,475 288,347 45,346 243,001

 21,176 0 900 0 1 0 902 532 134 22,744 221 228 15 23,208 29,015 7,839 21,176

 30,365 0 895 0 2 2 899 344 173 31,781 619 472 167 33,038 35,972 5,607 30,365

 45,016 0 3,594 0 7 41 3,643 618 243 49,520 1,704 1,679 31 52,933 56,171 11,155 45,016

 40,217 0 875 0 2 1 877 843 251 42,188 538 495 68 43,289 64,583 24,367 40,217

 66,326 0 3,089 0 3 1 3,093 683 315 70,418 738 632 151 71,938 73,725 7,399 66,326

 20,207 0 941 0 1 1 942 266 125 21,541 149 138 23 21,851 23,541 3,334 20,207

 6,293 0 404 0 1 0 405 477 62 7,236 174 131 0 7,541 8,969 2,676 6,293

 17,480 0 643 0 1 2 646 401 118 18,645 188 179 19 19,031 21,063 3,583 17,480

 13,085 0 747 0 1 4 752 328 97 14,262 162 188 6 14,618 32,921 19,835 13,085

 46,973 0 2,148 0 3 6 2,157 2,410 271 51,811 825 792 65 53,493 71,055 24,082 46,973