Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 781,422 - 2,009 + 41,207 786,405

Securities held outright 717,369 + 28 + 42,849 717,380

U.S. Treasury1 717,369 + 28 + 42,849 717,380

Bills2 263,005 0 + 16,063 263,005

Notes and bonds, nominal2 432,885 0 + 21,497 432,885

Notes and bonds, inflation-indexed2 19,108 0 + 4,644 19,108

Inflation compensation3 2,371 + 29 + 646 2,381

Federal agency2 0 0 0 0

Repurchase agreements4 22,893 - 2,250 - 2,836 28,250

Loans to depository institutions 280 + 211 + 195 76

Primary credit 211 + 199 + 178 0

Secondary credit 0 0 0 0

Seasonal credit 68 + 11 + 16 76

Float -117 - 371 + 348 -597

Other Federal Reserve assets 40,997 + 373 + 650 41,295

Gold stock 11,041 0 - 4 11,041

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

Treasury currency outstanding5 36,630 + 14 + 836 36,630

Total factors supplying reserve funds 831,293 - 1,994 + 42,039 836,276

Currency in circulation5 754,232 - 348 + 36,624 755,122

Reverse repurchase agreements6 23,423 + 308 + 3,287 22,758

Foreign official and international accounts 23,423 + 308 + 3,287 22,758

Dealers 0 0 0 0

Treasury cash holdings 276 - 7 - 69 270

Deposits with F.R. Banks, other than reserve balances 15,058 - 190 - 1,088 14,829

U.S. Treasury, general account 5,175 - 121 + 17 4,926

Foreign official 80 - 31 - 3 80

Service-related 9,514 0 - 1,053 9,514

Required clearing balances 9,514 0 - 1,052 9,514

Adjustments to compensate for float 0 0 - 2 0

Other 288 - 38 - 50 308

Other liabilities and capital 28,328 + 466 + 7,772 28,346

Total factors, other than reserve balances,

absorbing reserve funds 821,317 + 229 + 46,526 821,325

Reserve balances with Federal Reserve Banks 9,976 - 2,223 - 4,487 14,951

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,389,289 - 730 + 208,911 1,387,635

U.S. Treasury 1,080,019 - 1,797 + 130,444 1,076,969

Federal agency 309,270 + 1,067 + 78,467 310,666

Securities lent to dealers 571 - 2,408 - 388 21

FEDERAL RESERVE statistical release

 April 14, 2005

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Estimated.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

Change from week ended Wednesday

 Apr 13, 2005 Week ended

 Apr 13, 2005 Apr 6, 2005 Apr 14, 2004
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

2. Face value of the securities.

3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

Assets

Gold certificate account 11,037 0 - 4

Special drawing rights certificate account 2,200 0 0

Coin 725 + 5 - 109

Securities, repurchase agreements, and loans 745,706 + 8,289 + 41,203

Securities held outright 717,380 + 29 + 42,663

U.S. Treasury1 717,380 + 29 + 42,663

Bills2 263,005 0 + 15,873

Notes and bonds, nominal2 432,885 0 + 21,497

Notes and bonds, inflation-indexed2 19,108 0 + 4,644

Inflation compensation3 2,381 + 29 + 648

Federal agency2 0 0 0

Repurchase agreements4 28,250 + 8,250 - 1,450

Loans 76 + 11 - 10

Items in process of collection (1,032) 6,877 - 472 + 1,156

Bank premises 1,803 + 1 + 141

Other assets5 39,208 + 562 + 564

Total assets (1,032) 807,557 + 8,387 + 42,952

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 719,483 - 841 + 35,219

Reverse repurchase agreements6 22,758 - 228 + 3,288

Deposits ( 0 ) 29,496 + 8,793 - 4,562

Depository institutions 24,181 + 8,390 - 4,541

U.S. Treasury, general account 4,926 + 396 + 24

Foreign official 80 - 2 - 5

Other ( 0 ) 308 + 8 - 42

Deferred availability cash items (1,032) 7,474 + 55 + 977

Other liabilities and accrued dividends7 3,278 + 47 + 1,009

Total liabilities (1,032) 782,490 + 7,826 + 35,931

Capital accounts

Capital paid in 12,724 + 139 + 3,741

Surplus 11,229 + 64 + 2,462

Other capital accounts 1,114 + 357 + 818

Total capital 25,067 + 560 + 7,021

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Apr 14, 2004

Eliminations from

consolidation Wednesday

 Apr 13, 2005

Wednesday

 Apr 6, 2005

3. Maturity Distribution of Loans and Securities, April 13, 2005

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

Note: Components may not sum to totals because of rounding.

 . . . Not applicable.

1. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original

face value of such securities.

2. Cash value of agreements classified by remaining maturity of the agreements.

Reverse

repurchase

agreements2

Within 15 days 9 47,907 + 895 0 0 28,250 22,758

16 days to 90 days 68 169,735 - 556 0 0 0 0

91 days to 1 year 0 159,979 - 339 0 0 . . . . . . 

Over 1 year to 5 years . . . 212,493 + 11 0 0 . . . . . . 

Over 5 years to 10 years . . . 50,294 + 5 0 0 . . . . . . 

Over 10 years . . . 76,971 + 12 0 0 . . . . . . 

All 76 717,380 + 29 0 0 28,250 22,758

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on April 13, 2005Millions of dollars

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

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements,

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

Note: Components may not sum to totals because of rounding.1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.2. Face value of the securities.3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such sec

4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

 11,037 2,200 725 745,706 717,380 717,380 263,005 454,375 0 28,250 76 7,910 1,803 39,208 0 808,590

Assets, liabilities, and capital

 4,355 874 44 312,716 284,466 284,466 104,291 180,175 0 28,250 0 204 200 14,719 - 3,908 329,205

 510 115 24 36,705 36,703 36,703 13,456 23,247 0 0 1 335 103 3,406 + 1,565 42,764

 432 83 64 25,449 25,449 25,449 9,330 16,119 0 0 0 350 53 1,174 + 3,172 30,777

 453 104 56 30,306 30,306 30,306 11,111 19,195 0 0 0 956 157 2,581 + 713 35,326

 836 147 56 54,748 54,748 54,748 20,072 34,676 0 0 0 502 143 5,107 + 3,184 64,723

 945 166 72 55,500 55,500 55,500 20,347 35,153 0 0 0 917 275 2,228 + 178 60,281

 928 212 124 64,645 64,603 64,603 23,685 40,919 0 0 42 425 175 2,724 + 1,770 71,003

 327 71 37 22,267 22,261 22,261 8,161 14,100 0 0 6 301 61 933 + 159 24,155

 2   15,0 14,9 14,9 5,4 9,4    3 1 7 + 2 16,7
 854,720

 135,237 719,483 719,483 11,037 2,200 706,247 0 745,630 22,774 722,856

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

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding.1. Cash value of agreements, which are collateralized by U.S. Treasury securities.2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

 854,720 135,237 719,483 22,758 29,496 24,181 4,926 80 308 8,506 3,278 783,522 12,724 11,229 1,114 808,590

 39,997 4,584 35,412 1,164 2,679 2,670 0 5 4 702 195 40,153 1,554 1,038 19 42,764

 338,676 38,751 299,925 9,024 11,073 5,910 4,926 52 184 828 1,085 321,936 3,503 3,430 336 329,205

 35,647 7,633 28,014 807 694 693 0 1 0 517 125 30,157 300 294 26 30,777

 35,525 5,257 30,269 961 1,214 1,209 0 4 1 625 179 33,248 1,099 979 0 35,326

 65,664 12,532 53,133 1,737 4,086 3,965 0 7 114 537 320 59,813 2,545 2,148 218 64,723

 74,149 20,705 53,444 1,761 2,517 2,515 0 2 0 1,304 262 59,287 428 516 50 60,281

 73,023 8,781 64,242 2,049 2,170 2,167 0 3 0 550 308 69,320 818 763 102 71,003

 24,661 3,009 21,652 706 567 563 0 1 3 187 131 23,244 537 236 138 24,155

 16,3 1,7 14,6 4 4 4    5 1 16,2 2 2  16,7

H.4.1

4. Statement of Condition of Each Federal Reserve Bank on April 13, 2005 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Apr 13, 2005

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury and agency securities held outright,

compensation to adjust for the effect of inflation on the original face value ofinflation-indexed securities, and cash value of repurchase agreements.