Reserve Bank Credit 557,933 - 221 + 30,488 563,308

U.S. government securities (1)

Bought outright-system account (2,3) 509,767 - 986 + 20,300 510,664

Held under repurchase agreements 0 0 - 642 0

Federal agency obligations (1)

Bought outright 140 0 - 107 140

Held under repurchase agreements 0 0 - 4,527 0

Repurchase agreements — triparty (4) 13,281 + 2,459 + 13,281 18,330

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 14 + 5 - 22 7

Seasonal credit 565 + 26 + 286 580

Extended credit 0 0 0 0

Float 964 + 60 + 769 148

Other F.R. assets 33,203 - 1,784 + 1,151 33,440

Gold stock 11,046 0 - 1 11,046

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

Treasury currency outstanding 30,077 + 14 + 2,815 30,077

Total factors supplying reserve funds 603,256 - 207 + 29,301 608,630

Currency in circulation* 568,673 - 1,030 + 32,470 569,194

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

Treasury cash holdings* 157 + 17 + 74 161

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

Treasury 4,824 - 402 - 27 5,150

Foreign 101 + 21 - 79 71

Service-related balances and adjustments (5) 6,820 - 5 - 213 6,820

Other 234 - 21 - 48 203

Other F.R. liabilities and capital 15,234 - 12 - 2,810 14,947

Total factors, other than reserve balances,

absorbing reserve funds 596,043 - 1,432 + 29,367 596,546

Reserve balances with F.R. Banks (6) 7,213 + 1,225 - 66 12,084

FEDERAL RESERVE

 August 24, 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 August 23, 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 $ 713,122 million, a change of $ + 832 million for the week. The total includes

$ 619,207 million of U.S. government securities and $ 93,915 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 $ 16,326 million (daily average over statement week) and $ 16,020 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,326 million (daily average) and $ 16,020 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,511 million (daily average)

and $ 550 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 $ 408 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 $ 6,157 million and adjustments of $ 663 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 23, 2000 Week ended

Aug 23, 2000 Aug 16, 2000 Aug 25, 1999
ASSETS

Gold certificate account 11,046 0 0

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

Coin 779 + 24 + 477

Loans 587 + 30 + 266

Acceptances 0 0 0

Repurchase agreements — triparty (1) 18,330 + 8,310 + 18,330

Federal agency obligations (2)

Bought outright 140 0 - 98

Held under repurchase agreements 0 0 - 8,250

U.S. government securities (2)

Bought outright—Bills 188,209 - 3,119 - 11,009

Notes (3) 232,317 + 553 + 21,488

Bonds (4) 90,137 + 206 + 10,088

Total bought outright (5) 510,664 - 2,359 + 20,568

Held under repurchase agreements 0 0 - 1,195

Total U.S. government securities 510,664 - 2,359 + 19,373

Total loans and securities 529,720 + 5,979 + 29,619

Items in process of collection (734) 6,977 - 1,182 - 153

Bank premises 1,421 0 + 91

Other assets (6) 32,009 + 426 + 955

 TOTAL ASSETS ( 7 3 4 ) 586,153 + 5,249 + 26,990

LIABILITIES

Federal Reserve notes 540,058 - 1,209 + 29,628

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 18,999 + 5,761 + 624

U.S. Treasury—general account 5,150 + 1,207 - 251

Foreign—official accounts 71 - 12 - 93

Other ( - 1 ) 203 - 56 - 63

Total deposits ( - 1 ) 24,423 + 6,899 + 217

Deferred availability cash items (734) 6,725 - 480 + 132

Other liabilities and accrued dividends (7) 4,329 - 15 - 229

TOTAL LIABILITIES ( 7 3 4 ) 575,534 + 5,193 + 29,746

CAPITAL ACCOUNTS

Capital paid in 6,898 - 6 + 596

Surplus 2,679 0 - 3,273

Other capital accounts 1,041 + 60 - 80

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Aug 25, 1999

Eliminations from

Consolidation Wednesday

Aug 23, 2000

Wednesday

Aug 16, 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 $ 323 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 $ 85 million of compensation

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

5 Net of $ 16,020 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 550 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, August 23, 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 $ 408 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 525 17,924 - 3,226 0 0 12,405 0

16 days to 90 days 62 110,223 + 3,013 10 0 5,925 0

91 days to 1 year 0 127,552 - 2,906 0 0 ——— ———

 Over 1 year to 5 years ——— 131,289 - 1 10 0 ——— ———

 Over 5 years to 10 years ——— 53,065 + 668 120 0 ——— ———

Over 10 years ——— 70,611 + 92 0 0 ——— ———

Total 587 510,664 - 2,359 140 0 18,330 0
 535

 219 17 0 0 0 8 0 10,805 13,337 5,175 29,316 0 29,316 29,325 419 94 1,519 + 1,633 33,760

 Each Federal Reserve Bank on August 23, 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 $ 323 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 85 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 $ 550 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 4,200 779 587 0 18,330 140 0 188,209 232,317 90,137 510,664 0 510,664 529,720 7,711 1,421 32,009 0 586,886

 4,428 1,668 70 0 0 18,330 54 0 72,649 89,675 34,793 197,117 0 197,117 215,501 904 163 10,729 +11,952 245,416

 414 158 52 3 0 0 6 0 7,839 9,676 3,754 21,269 0 21,269 21,278 287 50 1,091 - 587 22,742

 520 199 53 0 0 0 8 0 10,532 13,001 5,044 28,577 0 28,577 28,585 276 156 1,884 + 1,712 33,385

 750 280 107 0 0 0 8 0 11,048 13,638 5,291 29,977 0 29,977 29,985 533 125 4,965 + 896 37,641

 802 317 102 19 0 0 9 0 12,528 15,464 6,000 33,991 0 33,991 34,019 622 210 2,091 + 1,659 39,822

 1,064 405 94 128 0 0 17 0 22,513 27,789 10,782 61,083 0 61,083 61,228 736 105 3,077 - 5,042 61,666

 359 135 44 110 0 0 5 0 7,150 8,825 3,424 19,399 0 19,399 19,514 373 33 942 - 1,202 20,197

 158 58 25 160 0 0 1 0 792 978 379 2,150 0 2,150 2,311 492 126 656 - 1,008 2,818

 340 126 55 110 0 0 5 0 6,272 7,742 3,004 17,018 0 17,018 17,133 402 49 924 - 1,219 17,809

 514 187 75 19 0 0 4 0 5,569 6,874 2,667 15,109 0 15,109 15,133 491 144 982 - 4,790 12,736

 1,162 448 88 36 0 0 15 0 20,513 25,320 9,824 55,657 0 55,657 55,708 2,177 165 3,149 - 4,003 58,894
 Each Federal Reserve Bank on August 23, 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.

 540,058 0 18,999 5,150 71 202 24,422 7,459 4,329 576,267 6,898 2,679 1,041 586,886 767,540 227,482 540,058 11,046 4,200 0 524,812 540,058

 31,264 0 1,230 0 1 0 1,231 560 257 33,312 291 120 37 33,760 38,010 6,746 31,264

 229,574 0 5,666 5,150 47 135 10,998 871 1,486 242,928 1,507 552 429 245,416 307,807 78,233 229,574

 21,452 0 423 0 1 0 424 339 194 22,410 212 83 37 22,742 31,665 10,213 21,452

 30,637 0 1,364 0 2 4 1,370 405 250 32,662 467 185 70 33,385 37,503 6,866 30,637

 32,152 0 2,240 0 8 53 2,300 476 296 35,224 1,678 705 35 37,641 51,263 19,112 32,152

 36,870 0 1,086 0 2 0 1,089 788 327 39,074 490 192 67 39,822 60,913 24,043 36,870

 57,252 0 2,381 0 3 7 2,390 571 492 60,705 613 241 107 61,666 70,569 13,317 57,252

 19,113 0 496 0 1 0 497 181 182 19,973 137 66 22 20,197 24,125 5,012 19,113

 1,202 0 687 0 1 0 688 396 68 2,354 339 98 27 2,818 9,990 8,788 1,202

 16,285 0 691 0 1 1 693 384 169 17,532 181 75 22 17,809 22,081 5,796 16,285

 10,848 0 1,078 0 1 1 1,079 289 160 12,376 233 88 38 12,736 33,487 22,639 10,848

 53,410 0 1,657 0 3 1 1,661 2,199 447 57,717 751 275 151 58,894 80,126 26,716 53,410