Reserve Bank Credit 638,804 - 3,329 + 60,419 638,728

U.S. government securities (1)

Bought outright-system account (2,3) 576,793 + 1,033 + 54,565 577,486

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) 24,393 - 4,393 + 5,146 23,000

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 1 - 299 - 4 3

Seasonal credit 42 + 16 + 7 46

Extended credit 0 0 0 0

Float -158 + 126 - 1,219 203

Other F.R. assets 37,724 + 188 + 1,924 37,981

Gold stock 11,044 0 - 2 11,044

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

Treasury currency outstanding 33,213 + 14 + 901 33,213

Total factors supplying reserve funds 685,260 - 3,316 + 61,317 685,185

Currency in circulation* 643,604 + 1,105 + 55,547 644,481

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

Treasury cash holdings* 400 - 10 - 86 403

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

Treasury 5,008 - 387 - 2 4,783

Foreign 102 - 85 + 27 269

Service-related balances and adjustments (5) 10,072 + 203 + 3,178 10,072

Other 278 + 29 - 94 267

Other F.R. liabilities and capital 18,732 + 420 + 1,142 18,595

Total factors, other than reserve balances,

absorbing reserve funds 678,195 + 1,274 + 59,711 678,870

Reserve balances with F.R. Banks (6) 7,066 - 4,589 + 1,608 6,315

FEDERAL RESERVE

 April 11, 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 April 10, 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 $ 750,146 million, a change of $ + 1,352 million for the week. The total includes

$ 608,116 million of U.S. government securities and $ 142,031 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 $ 19,919 million (daily average over statement week) and $ 19,361 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,919 million (daily average) and $ 19,361 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 698 million (daily average)

and $ 1,684 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 10,658 million of inflation-indexed securities valued at the original face amount and $ 967 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 $ 9,819 million and adjustments of $ 253 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

Apr 10, 2002 Week ended

Apr 10, 2002 Apr 3, 2002 Apr 11, 2001
ASSETS

Gold certificate account 11,044 0 - 2

Special drawing rights certificate account 2,200 0 0

Coin 1,036 - 27 - 112

Loans 49 - 2,070 + 10

Acceptances 0 0 0

Repurchase agreements — triparty (1) 23,000 - 4,500 + 4,250

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 193,077 + 256 + 10,677

Notes (3) 279,581 + 6 + 34,984

Bonds (4) 104,827 + 4 + 7,926

Total bought outright (5) 577,486 + 268 + 53,587

Held under repurchase agreements 0 0 0

Total U.S. government securities 577,486 + 268 + 53,587

Total loans and securities 600,544 - 6,304 + 57,846

Items in process of collection (1,200) 7,988 - 201 - 3,282

Bank premises 1,513 + 2 + 23

Other assets (6) 36,237 + 541 + 1,604

 TOTAL ASSETS (1,200) 660,562 - 5,989 + 56,078

LIABILITIES

Federal Reserve notes 612,707 - 80 + 53,823

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 16,069 - 4,694 + 2,111

U.S. Treasury—general account 4,783 - 1,188 - 345

Foreign—official accounts 269 + 146 + 196

Other ( 0 ) 267 - 30 - 79

Total deposits ( 0 ) 21,388 - 5,766 + 1,883

Deferred availability cash items (1,200) 7,872 - 290 - 511

Other liabilities and accrued dividends (7) 2,463 + 27 - 1,211

TOTAL LIABILITIES (1,200) 644,430 - 6,110 + 53,984

CAPITAL ACCOUNTS

Capital paid in 8,007 + 4 + 964

Surplus 7,274 + 2 + 971

Other capital accounts 850 + 114 + 158

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Apr 11, 2001

Eliminations from

Consolidation Wednesday

Apr 10, 2002

Wednesday

 Apr 3, 2002

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

2 Face value of the securities.

3 Includes $ 5,766 million of inflation-indexed securities valued at the original face amount and $ 552 million of compensation

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

4 Includes $ 4,892 million of inflation-indexed securities valued at the original face amount and $ 415 million of compensation

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

5 Net of $ 19,361 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 1,684 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, April 10, 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 $ 10,658 million of inflation-indexed securities valued at the original face amount and $ 967 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 10 14,857 + 1,747 0 0 18,000 0

16 days to 90 days 39 135,462 - 378 0 0 5,000 0

91 days to 1 year 0 134,347 - 1,111 0 0 ——— ———

 Over 1 year to 5 years ——— 159,240 + 2 10 0 ——— ———

 Over 5 years to 10 years ——— 52,314 + 4 0 0 ——— ———

Over 10 years ——— 81,267 + 5 0 0 ——— ———

Total 49 577,486 + 268 10 0 23,000 0
 533

 115 64 4 0 0 1 0 11,062 16,018 6,006 33,087 0 33,087 33,091 1,061 92 1,899 - 3,769 33,085

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on April 10, 2002Millions 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 $ 5,766 million of inflation-indexed securities valued at the original face amount and $ 552 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

4 Includes $ 4,892 million of inflation-indexed securities valued at the original face amount and $ 415 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 19,361 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,684 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.

 11,044 2,200 1,036 49 0 23,000 10 0 193,077 279,581 104,827 577,486 0 577,486 600,544 9,188 1,513 36,237 0 661,762

 4,369 874 63 0 0 23,000 4 0 75,968 110,004 41,246 227,218 0 227,218 250,222 995 181 12,850 - 177 269,376

 430 83 57 0 0 0 0 0 7,424 10,751 4,031 22,206 0 22,206 22,206 428 49 1,240 - 2,301 22,192

 522 104 55 0 0 0 1 0 10,653 15,426 5,784 31,863 0 31,863 31,863 827 152 2,393 - 3,609 32,307

 819 147 148 0 0 0 1 0 15,059 21,805 8,176 45,040 0 45,040 45,041 475 131 5,105 + 1,771 53,636

 926 166 81 0 0 0 1 0 13,748 19,907 7,464 41,119 0 41,119 41,120 472 280 2,439 + 1,471 46,955

 1,080 212 130 21 0 0 1 0 22,721 32,901 12,336 67,959 0 67,959 67,980 657 107 3,747 - 2,231 71,682

 346 71 56 7 0 0 0 0 6,865 9,941 3,727 20,534 0 20,534 20,542 385 43 975 - 534 21,883

 179 30 39 10 0 0 0 0 3,018 4,371 1,639 9,028 0 9,028 9,038 461 123 617 + 4,912 15,398

 309 66 74 5 0 0 0 0 5,707 8,264 3,099 17,070 0 17,070 17,075 540 49 959 - 387 18,685

 485 98 129 0 0 0 0 0 4,285 6,205 2,326 12,816 0 12,816 12,817 426 137 799 + 8,194 23,085

 1,046 234 140 3 0 0 1 0 16,565 23,987 8,994 49,546 0 49,546 49,550 2,461 171 3,214 - 3,339 53,477
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on April 10, 2002Millions 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.

 612,707 0 16,069 4,783 269 267 21,388 9,072 2,463 645,630 8,007 7,274 850 661,762 747,641 134,934 612,707 11,044 2,200 0 599,463 612,707

 30,680 0 729 0 2 9 740 626 148 32,194 430 418 43 33,085 35,280 4,600 30,680

 253,441 0 5,435 4,783 245 132 10,595 990 757 265,783 1,682 1,504 407 269,376 295,909 42,468 253,441

 20,641 0 424 0 1 0 425 549 110 21,726 223 221 23 22,192 27,772 7,131 20,641

 29,638 0 680 0 3 1 683 442 140 30,903 683 665 56 32,307 34,163 4,526 29,638

 46,640 0 1,934 0 7 112 2,054 729 248 49,671 2,114 1,757 94 53,636 56,093 9,453 46,640

 43,788 0 1,030 0 2 0 1,032 913 201 45,934 449 535 37 46,955 62,162 18,374 43,788

 67,081 0 1,972 0 3 1 1,976 700 261 70,018 800 793 71 71,682 73,859 6,778 67,081

 20,705 0 504 0 1 5 509 244 106 21,564 151 149 19 21,883 23,986 3,281 20,705

 13,919 0 539 0 1 0 539 474 79 15,012 306 81 0 15,398 16,048 2,129 13,919

 17,183 0 566 0 1 6 572 426 98 18,279 194 191 21 18,685 21,343 4,159 17,183

 21,666 0 631 0 1 0 632 350 93 22,740 167 164 13 23,085 33,975 12,310 21,666

 47,325 0 1,626 0 3 1 1,630 2,630 221 51,807 808 796 67 53,477 67,051 19,726 47,325