Reserve Bank Credit 662,420 + 4,754 + 45,244 669,890

U.S. government securities (1)

Bought outright-system account (2,3) 608,693 - 1,580 + 65,258 608,665

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) 14,071 + 5,928 - 23,772 20,500

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 3 - 1 - 7 4

Seasonal credit 98 - 18 + 44 85

Extended credit 0 0 0 0

Float 219 - 155 + 365 1,012

Other F.R. assets 39,325 + 579 + 3,357 39,615

Gold stock 11,042 0 - 3 11,042

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

Treasury currency outstanding 34,359 + 14 + 1,392 34,359

Total factors supplying reserve funds 710,022 + 4,769 + 46,634 717,491

Currency in circulation* 662,090 - 753 + 47,539 664,053

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

Treasury cash holdings* 400 + 1 - 38 397

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

Treasury 4,799 - 265 - 322 5,388

Foreign 157 - 184 + 45 238

Service-related balances and adjustments (5) 10,183 - 114 + 1,960 10,183

Other 205 - 7 - 31 206

Other F.R. liabilities and capital 19,651 + 260 + 1,772 19,581

Total factors, other than reserve balances,

absorbing reserve funds 697,486 - 1,061 + 50,925 700,047

Reserve balances with F.R. Banks (6) 12,536 + 5,830 - 4,291 17,444

FEDERAL RESERVE

 October 31, 2002

These data are scheduled for release each Thursday.

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 30, 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 $ 806,831 million, a change of $ + 3,348 million for the week. The total includes

$ 652,337 million of U.S. government securities and $ 154,494 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 $ 19,758 million (daily average over statement week) and $ 19,791 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,758 million (daily average) and $ 19,791 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,734 million (daily average)

and $ 2,468 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 12,242 million of inflation-indexed securities valued at the original face amount and $ 1,215 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 $ 9,970 million and adjustments of $ 213 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 30, 2002 Week ended

Oct 30, 2002 Oct 23, 2002 Oct 31, 2001
ASSETS

Gold certificate account 11,038 0 - 7

Special drawing rights certificate account 2,200 0 0

Coin 1,079 + 5 - 44

Loans 88 - 19 + 33

Acceptances 0 0 0

Repurchase agreements — triparty (1) 20,500 + 13,000 - 24,550

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 206,641 - 1,576 + 23,989

Notes (3) 295,907 + 6 + 37,518

Bonds (4) 106,117 + 4 + 2,871

Total bought outright (5) 608,665 - 1,566 + 64,378

Held under repurchase agreements 0 0 0

Total U.S. government securities 608,665 - 1,566 + 64,378

Total loans and securities 629,263 + 11,415 + 39,860

Items in process of collection (1,201) 9,359 + 1,520 + 1,683

Bank premises 1,528 0 + 15

Other assets (6) 38,080 + 567 + 1,357

 TOTAL ASSETS (1,201) 692,547 + 13,507 + 42,865

LIABILITIES

Federal Reserve notes 631,165 + 748 + 45,823

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 28,620 + 12,693 - 4,658

U.S. Treasury—general account 5,388 - 325 + 276

Foreign—official accounts 238 + 110 + 163

Other ( - 1 ) 206 + 1 - 65

Total deposits ( - 1 ) 34,453 + 12,480 - 4,282

Deferred availability cash items (1,201) 7,347 + 69 - 486

Other liabilities and accrued dividends (7) 2,452 + 28 - 321

TOTAL LIABILITIES (1,201) 675,418 + 13,326 + 40,735

CAPITAL ACCOUNTS

Capital paid in 8,271 - 4 + 1,002

Surplus 7,312 0 + 574

Other capital accounts 1,546 + 184 + 553

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Oct 31, 2001

Eliminations from

Consolidation Wednesday

Oct 30, 2002

Wednesday

Oct 23, 2002

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

2 Face value of the securities.

3 Includes $ 7,168 million of inflation-indexed securities valued at the original face amount and $ 682 million of compensation

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

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 533 million of compensation

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

5 Net of $ 19,791 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,468 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, October 30, 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 $ 12,242 million of inflation-indexed securities valued at the original face amount and $ 1,215 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 82 24,792 - 1,182 0 0 18,500 0

16 days to 90 days 6 129,673 - 314 0 0 2,000 0

91 days to 1 year 0 144,114 - 80 0 0 ——— ———

 Over 1 year to 5 years ——— 176,890 + 1 10 0 ——— ———

 Over 5 years to 10 years ——— 51,458 + 5 0 0 ——— ———

Over 10 years ——— 81,739 + 5 0 0 ——— ———

Total 88 608,665 - 1,566 10 0 20,500 0
 533

 115 49 0 0 0 1 0 11,839 16,954 6,080 34,873 0 34,873 34,874 545 91 1,997 - 6,094 32,109

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on October 30, 2002Millions of dollars

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

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 secu2 Face value of the securities.3 Includes $ 7,168 million of inflation-indexed securities valued at the original face amount and $ 682 million of compensation that adjusts for the eff

principal of such securities.

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 533 million of compensation that adjusts for the ef

principal of such securities.

5 Net of $ 19,791 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,468 

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.

 11,038 2,200 1,079 88 0 20,500 10 0 206,641 295,907 106,117 608,665 0 608,665 629,263 10,559 1,528 38,080 0 693,747

 4,363 874 51 0 0 20,500 4 0 81,305 116,428 41,753 239,486 0 239,486 259,990 1,426 184 13,450 +33,536 313,875

 430 83 54 0 0 0 0 0 7,946 11,378 4,080 23,405 0 23,405 23,405 466 49 1,225 - 6,186 19,526

 522 104 50 0 0 0 1 0 11,401 16,327 5,855 33,583 0 33,583 33,584 319 152 2,540 - 5,680 31,591

 819 147 140 0 0 0 1 0 16,117 23,079 8,276 47,471 0 47,471 47,472 628 129 5,485 - 2,261 52,560

 926 166 132 9 0 0 1 0 14,714 21,070 7,556 43,339 0 43,339 43,349 1,792 279 2,564 - 4,449 44,759

 1,080 212 137 9 0 0 1 0 24,318 34,822 12,488 71,628 0 71,628 71,638 730 115 3,936 -13,727 64,120

 346 71 65 20 0 0 0 0 7,348 10,522 3,773 21,643 0 21,643 21,663 434 43 1,016 - 3,024 20,614

 1        3,2 4,6 1,6 9,5  9,5 9,5 5 1 6 + 4,1 15,2
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on October 30, 2002Millions of dollars

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

 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 

arrangements and excludes the par value of securities pledged under reverse repurchase agreements.

Components may not add to totals due to rounding.

 631,165 0 28,620 5,388 238 206 34,453 8,549 2,452 676,619 8,271 7,312 1,546 693,747 751,565 120,400 631,165 11,038 2,200 0 617,927 631,165

 28,429 0 2,048 0 2 5 2,055 578 150 31,212 434 418 46 32,109 33,774 5,345 28,429

 290,069 0 12,700 5,388 214 142 18,444 836 754 310,103 1,769 1,504 498 313,875 321,918 31,849 290,069

 17,494 0 899 0 1 0 901 528 108 19,030 237 221 37 19,526 26,135 8,641 17,494

 27,965 0 1,615 0 3 1 1,619 445 142 30,170 692 665 64 31,591 32,558 4,593 27,965

 45,769 0 1,591 0 7 50 1,649 683 260 48,360 2,069 1,757 374 52,560 55,602 9,834 45,769

 40,630 0 2,111 0 2 0 2,113 772 200 43,715 471 535 39 44,759 57,521 16,891 40,630

 58,866 0 2,534 0 3 3 2,541 692 259 62,358 848 793 121 64,120 66,793 7,927 58,866

 19,226 0 607 0 1 2 610 259 110 20,205 199 149 61 20,614 22,554 3,328 19,226

 13,5  3    3 6  14,6 3 1 1 15,2 15,3 1,7 13,5