Reserve Bank Credit 558,157 + 221 + 30,180 557,040

U.S. government securities (1)

Bought outright-system account (2,3) 510,753 + 2,041 + 23,568 513,023

Held under repurchase agreements 0 0 - 1,052 0

Federal agency obligations (1)

Bought outright 140 0 - 109 140

Held under repurchase agreements 0 0 - 5,647 0

Repurchase agreements — triparty (4) 10,822 - 1,217 + 10,822 10,020

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 9 - 7 - 16 12

Seasonal credit 539 - 1 + 272 545

Extended credit 0 0 0 0

Float 906 - 29 + 565 288

Other F.R. assets 34,987 - 568 + 1,777 33,011

Gold stock 11,046 0 - 1 11,046

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

Treasury currency outstanding 29,825 + 14 + 2,598 29,825

Total factors supplying reserve funds 603,228 + 235 + 28,777 602,111

Currency in circulation* 569,465 + 304 + 33,059 570,182

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

Treasury cash holdings* 140 + 12 + 78 156

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

Treasury 5,226 + 435 + 146 3,943

Foreign 80 - 14 - 127 83

Service-related balances and adjustments (5) 6,825 + 136 - 180 6,825

Other 255 - 1 - 12 259

Other F.R. liabilities and capital 15,246 - 107 - 2,614 14,908

Total factors, other than reserve balances,

absorbing reserve funds 597,237 + 765 + 30,350 596,357

Reserve balances with F.R. Banks (6) 5,990 - 532 - 1,574 5,754

FEDERAL RESERVE

 August 17, 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 16, 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 $ 712,290 million, a change of $ + 8,718 million for the week. The total includes

$ 618,520 million of U.S. government securities and $ 93,769 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 $ 17,659 million (daily average over statement week) and $ 16,219 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,409 million (daily average) and $ 16,219 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,876 million (daily average)

and $ 1,248 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 $ 400 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 $ 668 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 16, 2000 Week ended

Aug 16, 2000 Aug 9, 2000 Aug 18, 1999
ASSETS

Gold certificate account 11,046 0 - 1

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

Coin 755 + 4 + 453

Loans 557 - 2 + 255

Acceptances 0 0 0

Repurchase agreements — triparty (1) 10,020 - 6,830 + 10,020

Federal agency obligations (2)

Bought outright 140 0 - 109

Held under repurchase agreements 0 0 - 4,900

U.S. government securities (2)

Bought outright—Bills 191,328 + 374 - 8,430

Notes (3) 231,764 + 561 + 22,191

Bonds (4) 89,931 + 1,568 + 10,972

Total bought outright (5) 513,023 + 2,503 + 24,733

Held under repurchase agreements 0 0 - 665

Total U.S. government securities 513,023 + 2,503 + 24,068

Total loans and securities 523,741 - 4,327 + 29,334

Items in process of collection (810) 8,159 - 64 + 1,078

Bank premises 1,421 + 1 + 98

Other assets (6) 31,583 - 2,763 + 1,219

 TOTAL ASSETS ( 8 1 0 ) 580,904 - 7,150 + 28,179

LIABILITIES

Federal Reserve notes 541,267 - 179 + 30,970

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 13,238 - 5,430 + 771

U.S. Treasury—general account 3,943 - 964 - 960

Foreign—official accounts 83 - 18 - 158

Other ( 0 ) 259 + 5 - 4

Total deposits ( 0 ) 17,524 - 6,405 - 351

Deferred availability cash items (810) 7,205 - 95 + 177

Other liabilities and accrued dividends (7) 4,344 - 522 + 158

TOTAL LIABILITIES ( 8 1 0 ) 570,341 - 7,200 + 30,955

CAPITAL ACCOUNTS

Capital paid in 6,904 + 12 + 607

Surplus 2,679 + 25 - 3,273

Other capital accounts 981 + 14 - 108

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Aug 18, 1999

Eliminations from

Consolidation Wednesday

Aug 16, 2000

Wednesday

 Aug 9, 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 $ 316 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 $ 83 million of compensation

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

5 Net of $ 16,219 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 1,248 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 16, 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 $ 400 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 244 21,150 + 2,341 0 0 5,990 0

16 days to 90 days 313 107,210 - 994 10 0 4,030 0

91 days to 1 year 0 130,458 - 3,018 0 0 ——— ———

 Over 1 year to 5 years ——— 131,290 + 5,099 10 0 ——— ———

 Over 5 years to 10 years ——— 52,397 - 1,650 120 0 ——— ———

Over 10 years ——— 70,519 + 725 0 0 ——— ———

Total 557 513,023 + 2,503 140 0 10,020 0
 535

 219 17 0 0 0 8 0 10,984 13,305 5,163 29,452 0 29,452 29,460 517 94 1,490 + 1,289 33,621

 Each Federal Reserve Bank on August 16, 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 $ 316 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 83 million of compensation that adjusts for the effects of inflation on the

ale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,248 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 4,200 755 557 0 10,020 140 0 191,328 231,764 89,931 513,023 0 513,023 523,741 8,968 1,421 31,583 0 581,714

 4,428 1,668 67 1 0 10,020 54 0 73,853 89,461 34,714 198,028 0 198,028 208,103 1,119 163 10,551 +15,564 241,663

 414 158 51 0 0 0 6 0 7,969 9,653 3,746 21,368 0 21,368 21,373 412 50 1,071 - 670 22,859

 520 199 47 0 0 0 8 0 10,707 12,970 5,033 28,709 0 28,709 28,717 205 156 1,856 + 1,449 33,150

 750 280 104 0 0 0 8 0 11,231 13,605 5,279 30,116 0 30,116 30,124 560 125 4,937 + 1,206 38,085

 802 317 102 21 0 0 9 0 12,735 15,427 5,986 34,148 0 34,148 34,179 955 210 2,064 + 150 38,780

 1,064 405 94 122 0 0 17 0 22,886 27,722 10,757 61,365 0 61,365 61,504 743 105 3,019 - 6,193 60,741

 359 135 43 94 0 0 5 0 7,268 8,804 3,416 19,488 0 19,488 19,587 342 33 924 - 1,128 20,296

 158 58 25 162 0 0 1 0 805 976 379 2,160 0 2,160 2,322 489 127 651 - 1,028 2,801

 340 126 52 102 0 0 5 0 6,376 7,723 2,997 17,096 0 17,096 17,203 829 49 907 - 1,713 17,792

 514 187 72 16 0 0 4 0 5,661 6,857 2,661 15,179 0 15,179 15,199 363 144 1,014 - 5,208 12,285

 1,162 448 81 40 0 0 15 0 20,853 25,260 9,802 55,914 0 55,914 55,969 2,434 165 3,099 - 3,717 59,641
 Each Federal Reserve Bank on August 16, 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.

 541,267 0 13,238 3,943 83 259 17,524 8,015 4,344 571,150 6,904 2,679 981 581,714 768,196 226,928 541,267 11,046 4,200 2,838 523,183 541,267

 31,606 0 674 0 1 0 675 639 256 33,176 291 120 34 33,621 38,303 6,697 31,606

 230,313 0 2,242 3,943 60 143 6,387 993 1,492 239,186 1,500 552 425 241,663 308,948 78,635 230,313

 21,474 0 491 0 1 0 493 362 195 22,524 212 83 39 22,859 31,579 10,105 21,474

 30,887 0 1,028 0 2 4 1,034 272 249 32,442 481 185 42 33,150 37,700 6,813 30,887

 32,226 0 2,584 0 8 93 2,684 494 296 35,700 1,678 705 3 38,085 51,134 18,908 32,226

 36,030 0 846 0 2 0 849 827 325 38,031 490 192 67 38,780 60,063 24,033 36,030

 57,480 0 1,217 0 3 7 1,227 585 495 59,786 614 241 100 60,741 70,770 13,290 57,480

 19,141 0 526 0 1 3 530 215 181 20,066 136 66 27 20,296 24,139 4,998 19,141

 1,291 0 481 0 1 1 483 501 65 2,339 339 98 25 2,801 10,029 8,739 1,291

 16,381 0 523 0 1 2 526 439 168 17,514 181 75 23 17,792 22,162 5,781 16,381

 10,871 0 566 0 1 1 568 305 178 11,922 233 88 42 12,285 33,478 22,607 10,871

 53,568 0 2,060 0 3 6 2,069 2,384 444 58,464 749 275 153 59,641 79,890 26,323 53,568