Reserve Bank Credit 562,885 + 4,087 + 23,164 561,054

U.S. government securities (1)

Bought outright-system account (2,3) 511,352 + 199 + 20,979 511,402

Held under repurchase agreements 0 0 - 2,981 0

Federal agency obligations (1)

Bought outright 130 0 - 99 130

Held under repurchase agreements 0 0 - 10,548 0

Repurchase agreements — triparty (4) 14,514 + 3,089 + 13,941 12,375

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 35 + 17 - 47 3

Seasonal credit 367 - 31 + 84 345

Extended credit 0 0 0 0

Float 942 + 259 + 415 1,670

Other F.R. assets 35,546 + 555 + 1,422 35,128

Gold stock 11,046 0 - 4 11,046

Special drawing rights certificate account 3,200 0 - 4,000 3,200

Treasury currency outstanding 30,409 + 14 + 2,952 30,409

Total factors supplying reserve funds 607,540 + 4,101 + 22,111 605,708

Currency in circulation* 569,193 + 1,209 + 24,069 571,294

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

Treasury cash holdings* 185 + 8 + 92 193

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

Treasury 6,822 - 535 + 1,365 4,818

Foreign 118 + 41 - 49 74

Service-related balances and adjustments (5) 6,895 - 2 - 497 6,895

Other 212 - 30 - 59 267

Other F.R. liabilities and capital 15,235 - 98 - 3,566 14,885

Total factors, other than reserve balances,

absorbing reserve funds 598,659 + 592 + 21,353 598,426

Reserve balances with F.R. Banks (6) 8,881 + 3,509 + 758 7,283

FEDERAL RESERVE

 October 5, 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 October 4, 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 $ 694,297 million, a change of $ - 4,163 million for the week. The total includes

$ 597,411 million of U.S. government securities and $ 96,885 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 $ 16,640 million (daily average over statement week) and $ 16,704 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,640 million (daily average) and $ 16,704 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 374 million (daily average)

and $ 71 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 $ 432 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 $ 6,294 million and adjustments of $ 601 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 4, 2000 Week ended

 Oct 4, 2000 Sep 27, 2000 Oct 6, 1999
ASSETS

Gold certificate account 11,046 0 - 4

Special drawing rights certificate account 3,200 0 - 4,000

Coin 826 + 36 + 528

Loans 348 - 66 - 71

Acceptances 0 0 0

Repurchase agreements — triparty (1) 12,375 + 205 + 8,364

Federal agency obligations (2)

Bought outright 130 0 - 98

Held under repurchase agreements 0 0 - 7,110

U.S. government securities (2)

Bought outright—Bills 184,344 - 1,072 - 15,066

Notes (3) 235,725 + 1 + 23,922

Bonds (4) 91,332 0 + 11,279

Total bought outright (5) 511,402 - 1,070 + 20,136

Held under repurchase agreements 0 0 - 2,160

Total U.S. government securities 511,402 - 1,070 + 17,976

Total loans and securities 524,255 - 931 + 19,061

Items in process of collection ( 8 7 4 ) 10,262 + 3,190 + 1,212

Bank premises 1,430 + 5 + 90

Other assets (6) 34,137 - 266 + 1,308

 TOTAL ASSETS ( 8 7 4 ) 585,155 + 2,032 + 18,194

LIABILITIES

Federal Reserve notes 541,904 + 2,018 + 21,207

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 15,068 + 2,041 + 1,001

U.S. Treasury—general account 4,818 - 3,168 - 441

Foreign—official accounts 74 - 1 - 104

Other ( - 3 ) 267 + 78 - 7

Total deposits ( - 3 ) 20,227 - 1,049 + 450

Deferred availability cash items (877) 8,139 + 1,212 + 33

Other liabilities and accrued dividends (7) 4,323 - 15 - 360

TOTAL LIABILITIES ( 8 7 4 ) 574,594 + 2,167 + 21,331

CAPITAL ACCOUNTS

Capital paid in 6,943 - 6 + 610

Surplus 2,679 0 - 3,273

Other capital accounts 939 - 128 - 473

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Oct 6, 1999

Eliminations from

Consolidation Wednesday

 Oct 4, 2000

Wednesday

Sep 27, 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 $ 341 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 $ 91 million of compensation

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

5 Net of $ 16,704 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 71 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, October 4, 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 $ 432 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 53 14,514 - 5,282 0 0 8,380 0

16 days to 90 days 295 112,776 + 5,219 0 0 3,995 0

91 days to 1 year 0 128,841 + 399 0 0 ——— ———

 Over 1 year to 5 years ——— 130,581 - 1,406 30 0 ——— ———

 Over 5 years to 10 years ——— 53,528 + 1 100 0 ——— ———

Over 10 years ——— 71,163 + 1 0 0 ——— ———

Total 348 511,402 - 1,070 130 0 12,375 0
 535

 167 23 0 0 0 7 0 10,583 13,533 5,243 29,359 0 29,359 29,366 587 93 1,625 + 1,303 33,700

 Each Federal Reserve Bank on October 4, 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 $ 341 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 91 million of compensation that adjusts for the effects of inflation on the

sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 71 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 3,200 826 348 0 12,375 130 0 184,344 235,725 91,332 511,402 0 511,402 524,255 11,136 1,430 34,137 0 586,029

 4,428 1,271 68 0 0 12,375 50 0 71,157 90,990 35,255 197,402 0 197,402 209,828 1,317 165 11,443 +15,357 243,877

 414 120 49 0 0 0 5 0 7,678 9,818 3,804 21,300 0 21,300 21,306 475 49 1,232 - 1,051 22,593

 520 151 51 0 0 0 7 0 10,316 13,191 5,111 28,619 0 28,619 28,626 486 156 2,003 + 1,226 33,218

 750 213 102 2 0 0 8 0 10,821 13,838 5,361 30,020 0 30,020 30,030 782 125 5,189 + 113 37,304

 802 242 108 10 0 0 9 0 12,270 15,690 6,079 34,040 0 34,040 34,059 1,436 226 2,225 + 1,751 40,849

 1,064 309 95 78 0 0 16 0 22,050 28,196 10,925 61,171 0 61,171 61,265 789 104 3,296 - 5,729 61,193

 359 103 45 83 0 0 5 0 7,003 8,955 3,469 19,427 0 19,427 19,515 510 33 1,006 - 1,246 20,324

 158 44 25 88 0 0 1 0 776 992 384 2,153 0 2,153 2,242 773 126 679 - 926 3,121

 340 96 61 75 0 0 4 0 6,143 7,855 3,044 17,042 0 17,042 17,122 702 49 984 - 1,422 17,932

 514 143 69 11 0 0 4 0 5,454 6,975 2,702 15,131 0 15,131 15,146 542 138 1,095 - 4,910 12,736

 1,162 341 131 1 0 0 14 0 20,092 25,692 9,954 55,737 0 55,737 55,752 2,736 165 3,360 - 4,465 59,182
f Each Federal Reserve Bank on October 4, 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.

 541,904 0 15,068 4,818 74 264 20,224 9,016 4,323 575,468 6,943 2,679 939 586,029 764,063 222,159 541,904 11,046 3,200 3,751 523,907 541,904

 30,761 0 1,441 0 1 55 1,497 591 254 33,103 368 120 108 33,700 37,340 6,579 30,761

 231,091 0 2,810 4,818 50 84 7,763 1,134 1,476 241,463 1,492 552 370 243,877 305,781 74,690 231,091

 21,303 0 378 0 1 1 380 390 193 22,266 214 83 30 22,593 31,944 10,642 21,303

 30,818 0 911 0 2 2 915 534 250 32,517 459 185 57 33,218 37,303 6,485 30,818

 32,609 0 1,139 0 8 116 1,263 717 311 34,900 1,684 705 15 37,304 52,513 19,904 32,609

 37,679 0 1,255 0 2 0 1,257 847 324 40,107 491 192 59 40,849 61,500 23,821 37,679

 57,132 0 1,945 0 3 5 1,952 680 487 60,251 613 241 88 61,193 70,205 13,073 57,132

 19,128 0 565 0 1 1 566 228 179 20,101 140 66 18 20,324 23,809 4,681 19,128

 1,139 0 861 0 1 0 863 566 70 2,637 357 98 29 3,121 9,852 8,713 1,139

 16,348 0 734 0 1 1 736 414 168 17,666 179 75 13 17,932 21,808 5,460 16,348

 11,005 0 939 0 1 1 940 347 157 12,449 188 88 12 12,736 33,145 22,140 11,005

 52,893 0 2,091 0 3 -2 2,092 2,568 455 58,008 758 275 141 59,182 78,864 25,971 52,893