Reserve Bank Credit 655,648 - 6,000 + 40,105 655,431

U.S. government securities (1)

Bought outright-system account (2,3) 609,110 + 3,710 + 68,975 609,516

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) 7,429 - 10,178 - 25,290 7,000

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 45 + 45 + 37 0

Seasonal credit 136 - 35 + 55 137

Extended credit 0 0 0 0

Float 453 + 390 - 1,284 48

Other F.R. assets 38,466 + 69 - 2,386 38,720

Gold stock 11,042 0 - 3 11,042

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

Treasury currency outstanding 34,135 + 14 + 1,168 34,135

Total factors supplying reserve funds 703,026 - 5,986 + 41,271 702,808

Currency in circulation* 661,489 + 1,544 + 44,847 663,386

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

Treasury cash holdings* 376 - 3 - 52 381

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

Treasury 5,106 - 1,076 + 30 4,401

Foreign 116 + 29 - 533 76

Service-related balances and adjustments (5) 10,291 + 121 + 1,964 10,291

Other 252 + 28 - 31 258

Other F.R. liabilities and capital 19,526 + 44 + 1,628 19,422

Total factors, other than reserve balances,

absorbing reserve funds 697,157 + 687 + 47,855 698,215

Reserve balances with F.R. Banks (6) 5,869 - 6,674 - 6,585 4,594

FEDERAL RESERVE

 October 10, 2002

These data are scheduled for release each Thursday.

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 9, 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 $ 807,968 million, a change of $ - 4,665 million for the week. The total includes

$ 653,287 million of U.S. government securities and $ 154,681 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 $ 19,311 million (daily average over statement week) and $ 18,910 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,311 million (daily average) and $ 18,910 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,063 million (daily average)

and $ 1,158 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 $ 1,185 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 $ 9,998 million and adjustments of $ 293 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 9, 2002 Week ended

 Oct 9, 2002 Oct 2, 2002 Oct 10, 2001
ASSETS

Gold certificate account 11,038 0 - 7

Special drawing rights certificate account 2,200 0 0

Coin 1,072 - 6 - 38

Loans 137 - 20 + 16

Acceptances 0 0 0

Repurchase agreements — triparty (1) 7,000 - 10,250 - 26,505

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 207,522 + 3,316 + 25,969

Notes (3) 295,889 + 6 + 39,332

Bonds (4) 106,104 + 4 + 4,103

Total bought outright (5) 609,516 + 3,326 + 69,405

Held under repurchase agreements 0 0 0

Total U.S. government securities 609,516 + 3,326 + 69,405

Total loans and securities 616,663 - 6,944 + 42,916

Items in process of collection (1,091) 7,517 - 1,294 - 8,571

Bank premises 1,523 + 4 + 13

Other assets (6) 37,190 + 428 + 944

 TOTAL ASSETS (1,091) 677,203 - 7,811 + 35,257

LIABILITIES

Federal Reserve notes 630,700 + 1,435 + 44,167

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 15,069 - 6,964 - 5,376

U.S. Treasury—general account 4,401 - 759 - 706

Foreign—official accounts 76 - 1 - 527

Other ( 0 ) 258 + 10 - 1

Total deposits ( 0 ) 19,803 - 7,715 - 6,610

Deferred availability cash items (1,091) 7,278 - 1,626 - 3,884

Other liabilities and accrued dividends (7) 2,454 + 47 - 462

TOTAL LIABILITIES (1,091) 660,234 - 7,861 + 33,210

CAPITAL ACCOUNTS

Capital paid in 8,268 + 3 + 1,000

Surplus 7,312 0 + 571

Other capital accounts 1,389 + 46 + 476

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Oct 10, 2001

Eliminations from

Consolidation Wednesday

 Oct 9, 2002

Wednesday

 Oct 2, 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 $ 664 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 $ 521 million of compensation

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

5 Net of $ 18,910 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 1,158 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 9, 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 $ 1,185 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 50 18,269 + 1,794 0 0 7,000 0

16 days to 90 days 86 135,392 + 1,957 0 0 0 0

91 days to 1 year 0 145,800 - 434 0 0 ——— ———

 Over 1 year to 5 years ——— 176,886 + 1 10 0 ——— ———

 Over 5 years to 10 years ——— 51,444 + 5 0 0 ——— ———

Over 10 years ——— 81,726 + 4 0 0 ——— ———

Total 137 609,516 + 3,326 10 0 7,000 0
 533

 115 46 0 0 0 1 0 11,890 16,953 6,079 34,922 0 34,922 34,923 521 91 1,941 - 7,066 31,104

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on October 9, 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 $ 664 million of compensation that adjusts for the eff

principal of such securities.

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 521 million of compensation that adjusts for the ef

principal of such securities.

5 Net of $ 18,910 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,158 

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 1,072 137 0 7,000 10 0 207,522 295,889 106,104 609,516 0 609,516 616,663 8,608 1,523 37,190 0 678,294

 4,363 874 56 0 0 7,000 4 0 81,652 116,421 41,748 239,821 0 239,821 246,825 902 181 13,057 +32,106 298,363

 430 83 51 0 0 0 0 0 7,980 11,378 4,080 23,438 0 23,438 23,438 402 49 1,256 - 5,826 19,883

 522 104 54 0 0 0 1 0 11,450 16,326 5,854 33,630 0 33,630 33,630 408 152 2,489 - 5,627 31,733

 819 147 142 0 0 0 1 0 16,185 23,077 8,275 47,538 0 47,538 47,539 662 129 5,411 - 1,197 53,652

 926 166 138 8 0 0 1 0 14,776 21,068 7,555 43,400 0 43,400 43,409 644 279 2,495 - 3,351 44,705

 1,080 212 133 22 0 0 1 0 24,421 34,820 12,486 71,728 0 71,728 71,751 645 115 3,832 -12,245 65,523

 346 71 61 25 0 0 0 0 7,379 10,521 3,773 21,673 0 21,673 21,699 377 43 981 - 2,603 20,975

 1        3,2 4,6 1,6 9,5  9,5 9,5 4 1 6 + 4,0 15,0
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on October 9, 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.

 630,700 0 15,069 4,401 76 258 19,803 8,369 2,454 661,326 8,268 7,312 1,389 678,294 750,654 119,954 630,700 11,038 2,200 936 616,526 630,700

 28,742 0 728 0 2 6 736 591 148 30,217 432 418 37 31,104 34,107 5,365 28,742

 286,383 0 2,035 4,401 52 147 6,635 871 754 294,643 1,769 1,504 447 298,363 320,331 33,947 286,383

 18,200 0 730 0 1 0 731 350 109 19,390 237 221 35 19,883 26,165 7,965 18,200

 28,134 0 1,607 0 3 0 1,610 437 141 30,322 692 665 54 31,733 32,601 4,466 28,134

 46,422 0 2,059 0 7 91 2,157 653 251 49,483 2,068 1,757 343 53,652 55,880 9,458 46,422

 41,345 0 1,262 0 2 1 1,266 857 199 43,666 474 535 31 44,705 57,846 16,501 41,345

 60,285 0 2,556 0 3 4 2,563 670 258 63,776 847 793 107 65,523 67,528 7,243 60,285

 19,364 0 776 0 1 3 780 311 106 20,561 199 149 66 20,975 22,760 3,396 19,364

 13,5  3    3 4  14,5 3 1 1 15,0 15,4 1,8 13,5