Reserve Bank Credit 657,571 + 2,073 + 60,065 667,153

U.S. government securities (1)

Bought outright-system account (2,3) 600,108 - 34 + 63,409 601,322

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 10 0 0 10

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 17,393 + 1,964 - 4,871 26,000

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 6 - 17 - 41 4

Seasonal credit 179 - 1 0 176

Extended credit 0 0 0 0

Float -199 + 287 - 474 -554

Other F.R. assets 40,074 - 126 + 2,041 40,195

Gold stock 11,042 - 2 - 2 11,042

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

Treasury currency outstanding 33,997 + 14 + 1,224 33,997

Total factors supplying reserve funds 704,810 + 2,086 + 61,288 714,393

Currency in circulation* 660,871 + 1,293 + 55,374 662,278

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

Treasury cash holdings* 377 - 4 - 38 382

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

Treasury 5,025 - 754 + 352 5,316

Foreign 99 + 5 - 7 74

Service-related balances and adjustments (5) 10,210 - 12 + 2,609 10,210

Other 229 + 13 - 81 203

Other F.R. liabilities and capital 19,207 + 6 + 1,174 19,158

Total factors, other than reserve balances,

absorbing reserve funds 696,018 + 547 + 59,384 697,621

Reserve balances with F.R. Banks (6) 8,792 + 1,538 + 1,904 16,771

FEDERAL RESERVE

 August 8, 2002

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 7, 2002, 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 $ 794,017 million, a change of $ - 3,984 million for the week. The total includes

$ 642,039 million of U.S. government securities and $ 151,978 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 $ 22,795 million (daily average over statement week) and $ 22,239 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 22,259 million (daily average) and $ 22,239 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,277 million (daily average)

and $ 775 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 12,242 million of inflation-indexed securities valued at the original face amount and $ 1,152 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 $ 9,962 million and adjustments of $ 248 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 7, 2002 Week ended

 Aug 7, 2002 Jul 31, 2002 Aug 8, 2001
ASSETS

Gold certificate account 11,038 0 - 6

Special drawing rights certificate account 2,200 0 0

Coin 972 + 25 - 143

Loans 180 - 6 - 2

Acceptances 0 0 0

Repurchase agreements — triparty (1) 26,000 + 6,500 - 2,495

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 202,914 - 55 + 21,702

Notes (3) 292,698 + 921 + 38,068

Bonds (4) 105,710 + 1 + 4,941

Total bought outright (5) 601,322 + 867 + 64,711

Held under repurchase agreements 0 0 0

Total U.S. government securities 601,322 + 867 + 64,711

Total loans and securities 627,512 + 7,361 + 62,214

Items in process of collection (919) 7,561 + 1,063 - 702

Bank premises 1,519 0 + 12

Other assets (6) 38,571 + 378 + 2,014

 TOTAL ASSETS ( 9 1 9 ) 689,374 + 8,828 + 63,390

LIABILITIES

Federal Reserve notes 629,631 + 1,163 + 53,562

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 27,103 + 7,920 + 7,768

U.S. Treasury—general account 5,316 - 926 + 514

Foreign—official accounts 74 - 90 - 5

Other ( 0 ) 203 - 33 - 102

Total deposits ( 0 ) 32,696 + 6,871 + 8,176

Deferred availability cash items (919) 7,889 + 576 + 361

Other liabilities and accrued dividends (7) 2,377 + 14 - 692

TOTAL LIABILITIES ( 9 1 9 ) 672,593 + 8,624 + 61,407

CAPITAL ACCOUNTS

Capital paid in 8,284 + 18 + 1,116

Surplus 7,312 0 + 583

Other capital accounts 1,186 + 187 + 284

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Aug 8, 2001

Eliminations from

Consolidation Wednesday

 Aug 7, 2002

Wednesday

Jul 31, 2002

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

2 Face value of the securities.

3 Includes $ 7,168 million of inflation-indexed securities valued at the original face amount and $ 645 million of compensation

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

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 507 million of compensation

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

5 Net of $ 22,239 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 775 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, August 7, 2002

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 $ 12,242 million of inflation-indexed securities valued at the original face amount and $ 1,152 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 66 21,340 - 265 0 0 23,000 0

16 days to 90 days 114 129,340 + 5,090 0 0 3,000 0

91 days to 1 year 0 142,953 - 4,435 0 0 ——— ———

 Over 1 year to 5 years ——— 172,050 + 475 10 0 ——— ———

 Over 5 years to 10 years ——— 54,006 + 1 0 0 ——— ———

Over 10 years ——— 81,632 0 0 0 ——— ———

Total 180 601,322 + 867 10 0 26,000 0
 533

 115 42 1 0 0 1 0 11,626 16,770 6,057 34,453 0 34,453 34,455 489 91 2,025 - 3,681 34,068

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on August 7, 2002Millions of dollars

Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneap

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 secu2 Face value of the securities.3 Includes $ 7,168 million of inflation-indexed securities valued at the original face amount and $ 645 million of compensation that adjusts for the ef

principal of such securities.

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 507 million of compensation that adjusts for the e

principal of such securities.

5 Net of $ 22,239 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 77

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.

 11,038 2,200 972 180 0 26,000 10 0 202,914 292,698 105,710 601,322 0 601,322 627,512 8,480 1,519 38,571 0 690,293

 4,363 874 51 0 0 26,000 4 0 79,839 115,165 41,593 236,597 0 236,597 262,601 976 183 13,580 +16,127 298,754

 430 83 42 1 0 0 0 0 7,803 11,255 4,065 23,123 0 23,123 23,123 354 49 1,276 - 4,247 21,111

 522 104 47 0 0 0 1 0 11,196 16,150 5,833 33,178 0 33,178 33,178 183 152 2,572 - 5,397 31,361

 819 147 129 0 0 0 1 0 15,826 22,828 8,245 46,899 0 46,899 46,900 546 130 5,521 - 1,152 53,039

 926 166 126 7 0 0 1 0 14,448 20,841 7,527 42,817 0 42,817 42,824 674 279 2,602 - 396 47,201

 1,080 212 124 35 0 0 1 0 23,879 34,445 12,440 70,764 0 70,764 70,800 633 111 3,998 - 7,482 69,476

 346 71 58 36 0 0 0 0 7,215 10,408 3,759 21,382 0 21,382 21,418 390 43 1,036 - 2,160 21,201

 1        3,1 4,5 1,6 9,4  9,4 9,4 5 1 6 + 4,1 15,2
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on August 7, 2002Millions of dollars

Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneap

 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 

arrangements and excludes the par value of securities pledged under reverse repurchase agreements.

Components may not add to totals due to rounding.

 629,631 0 27,103 5,316 74 203 32,696 8,808 2,377 673,511 8,284 7,312 1,186 690,293 747,925 118,294 629,631 11,038 2,200 0 616,393 629,631

 29,677 0 2,758 0 2 8 2,768 596 144 33,186 432 418 32 34,068 34,690 5,013 29,677

 276,565 0 11,143 5,316 50 134 16,642 929 750 294,886 1,852 1,504 513 298,754 311,125 34,560 276,565

 19,574 0 592 0 1 0 593 352 107 20,626 236 221 27 21,111 26,472 6,898 19,574

 28,059 0 1,387 0 3 1 1,391 397 135 29,983 686 665 27 31,361 32,556 4,497 28,059

 46,248 0 1,728 0 7 53 1,788 707 226 48,969 2,060 1,757 253 53,039 56,003 9,755 46,248

 43,637 0 1,500 0 2 0 1,502 832 199 46,171 473 535 23 47,201 59,353 15,715 43,637

 63,455 0 3,455 0 3 1 3,458 630 256 67,799 819 793 65 69,476 69,704 6,249 63,455

 19,834 0 546 0 1 5 551 294 106 20,785 201 149 66 21,201 23,231 3,397 19,834

 13,6  4    4 5  14,7 3 1  15,2 15,5 1,9 13,6