Reserve Bank Credit 573,712 - 3,843 + 15,342 573,200

U.S. government securities (1)

Bought outright-system account (2,3) 516,799 - 189 + 16,296 516,018

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 130 0 - 45 130

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 18,986 - 3,443 - 2,157 18,920

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 12 - 67 - 70 5

Seasonal credit 31 + 8 + 7 30

Extended credit 0 0 0 0

Float 686 - 492 - 290 1,547

Other F.R. assets 37,068 + 338 + 1,634 36,550

Gold stock 11,046 0 - 2 11,046

Special drawing rights certificate account 2,200 0 - 4,000 2,200

Treasury currency outstanding 31,513 + 14 + 3,231 31,513

Total factors supplying reserve funds 618,471 - 3,828 + 14,570 617,958

Currency in circulation* 578,111 - 2,128 + 11,294 579,406

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

Treasury cash holdings* 455 + 10 + 329 477

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

Treasury 8,903 + 1,825 + 2,772 5,256

Foreign 110 + 25 - 36 199

Service-related balances and adjustments (5) 6,585 - 362 - 643 6,585

Other 277 + 10 + 29 306

Other F.R. liabilities and capital 18,198 - 50 - 146 17,648

Total factors, other than reserve balances,

absorbing reserve funds 612,640 - 669 + 13,600 609,878

Reserve balances with F.R. Banks (6) 5,831 - 3,159 + 970 8,081

FEDERAL RESERVE

 February 1, 2001

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 January 31, 2001, 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 $ 697,628 million, a change of $ + 4,511 million for the week. The total includes

$ 590,856 million of U.S. government securities and $ 106,773 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 $ 17,074 million (daily average over statement week) and $ 17,197 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 17,074 million (daily average) and $ 17,197 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,943 million (daily average)

and $ 555 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 7,386 million of inflation-indexed securities valued at the original face amount and $ 556 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 $ 6,096 million and adjustments of $ 489 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

Jan 31, 2001 Week ended

Jan 31, 2001 Jan 24, 2001 Feb 2, 2000
ASSETS

Gold certificate account 11,046 0 - 2

Special drawing rights certificate account 2,200 0 - 4,000

Coin 1,066 + 38 + 715

Loans 35 + 7 - 92

Acceptances 0 0 0

Repurchase agreements — triparty (1) 18,920 - 14,080 - 190

Federal agency obligations (2)

Bought outright 130 0 - 45

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 182,949 - 1,561 - 15,032

Notes (3) 239,725 - 861 + 20,712

Bonds (4) 93,345 0 + 9,261

Total bought outright (5) 516,018 - 2,423 + 14,940

Held under repurchase agreements 0 0 0

Total U.S. government securities 516,018 - 2,423 + 14,940

Total loans and securities 535,103 - 16,495 + 14,613

Items in process of collection ( 9 0 5 ) 10,023 + 1,208 + 2,267

Bank premises 1,467 + 4 + 102

Other assets (6) 35,167 - 388 + 1,644

 TOTAL ASSETS ( 9 0 5 ) 596,072 - 15,634 + 15,339

LIABILITIES

Federal Reserve notes 549,436 - 275 + 10,467

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 15,420 - 13,258 + 4,608

U.S. Treasury—general account 5,256 - 2,101 + 360

Foreign—official accounts 199 + 130 + 56

Other ( 0 ) 306 + 44 + 40

Total deposits ( 0 ) 21,182 - 15,184 + 5,066

Deferred availability cash items (905) 7,806 + 114 - 39

Other liabilities and accrued dividends (7) 3,960 - 63 - 450

TOTAL LIABILITIES ( 9 0 5 ) 582,384 - 15,408 + 15,043

CAPITAL ACCOUNTS

Capital paid in 7,014 + 3 + 364

Surplus 6,265 - 33 - 60

Other capital accounts 409 - 196 - 8

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Feb 2, 2000

Eliminations from

Consolidation Wednesday

Jan 31, 2001

Wednesday

Jan 24, 2001

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

2 Face value of the securities.

3 Includes $ 5,552 million of inflation-indexed securities valued at the original face amount and $ 432 million of compensation

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

4 Includes $ 1,834 million of inflation-indexed securities valued at the original face amount and $ 124 million of compensation

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

5 Net of $ 17,197 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 555 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, January 31, 2001

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 $ 7,386 million of inflation-indexed securities valued at the original face amount and $ 556 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 30 20,921 - 1,351 0 0 14,920 0

16 days to 90 days 5 112,430 + 1,301 0 0 4,000 0

91 days to 1 year 0 124,617 - 301 0 0 ——— ———

 Over 1 year to 5 years ——— 130,088 - 2,072 130 0 ——— ———

 Over 5 years to 10 years ——— 56,750 0 0 0 ——— ———

Over 10 years ——— 71,212 0 0 0 ——— ———

Total 35 516,018 - 2,423 130 0 18,920 0
 535

 115 59 4 0 0 7 0 10,503 13,762 5,359 29,624 0 29,624 29,635 614 93 1,682 + 1,676 34,409

 Each Federal Reserve Bank on January 31, 2001

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 $ 432 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 124 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 $ 555 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 2,200 1,066 35 0 18,920 130 0 182,949 239,725 93,345 516,018 0 516,018 535,103 10,928 1,467 35,167 0 596,977

 4,428 874 75 3 0 18,920 50 0 70,619 92,534 36,031 199,184 0 199,184 218,157 1,109 167 11,959 +17,352 254,122

 414 83 58 0 0 0 5 0 7,620 9,985 3,888 21,492 0 21,492 21,498 500 51 1,231 + 416 24,251

 520 104 73 0 0 0 7 0 10,238 13,415 5,224 28,877 0 28,877 28,884 491 154 2,069 + 983 33,278

 750 147 134 0 0 0 8 0 10,740 14,072 5,480 30,291 0 30,291 30,299 678 127 5,237 + 1,298 38,670

 802 166 105 0 0 0 9 0 12,178 15,957 6,213 34,347 0 34,347 34,356 1,147 257 2,291 + 1,218 40,342

 1,064 212 130 16 0 0 16 0 21,883 28,675 11,165 61,723 0 61,723 61,755 883 104 3,407 - 3,595 63,959

 359 71 58 3 0 0 5 0 6,950 9,106 3,546 19,602 0 19,602 19,610 543 35 1,044 - 1,319 20,400

 158 30 41 4 0 0 1 0 770 1,009 393 2,172 0 2,172 2,177 1,183 125 684 - 893 3,504

 340 66 74 3 0 0 4 0 6,097 7,989 3,111 17,196 0 17,196 17,203 553 49 1,026 - 1,534 17,776

 514 98 107 3 0 0 4 0 5,413 7,093 2,762 15,268 0 15,268 15,274 441 138 1,068 - 8,045 9,596

 1,162 234 152 0 0 0 14 0 19,939 26,127 10,174 56,240 0 56,240 56,255 2,788 168 3,470 - 7,557 56,671
 Each Federal Reserve Bank on January 31, 2001

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.

 549,436 0 15,420 5,256 199 306 21,182 8,712 3,960 583,290 7,014 6,265 409 596,977 746,920 197,484 549,436 11,046 2,200 1,122 535,068 549,436

 31,788 0 1,002 0 1 0 1,004 618 239 33,649 369 358 33 34,409 37,121 5,332 31,788

 239,057 0 4,057 5,256 176 147 9,636 942 1,343 250,978 1,468 1,468 208 254,122 299,102 60,045 239,057

 22,290 0 677 0 1 0 678 629 181 23,778 228 228 17 24,251 31,442 9,152 22,290

 30,376 0 1,336 0 2 1 1,339 379 227 32,322 472 472 12 33,278 36,458 6,082 30,376

 33,749 0 1,026 0 8 129 1,163 616 279 35,807 1,679 1,184 0 38,670 50,910 17,160 33,749

 36,475 0 1,608 0 2 2 1,612 937 306 39,330 496 495 20 40,342 59,890 23,414 36,475

 59,838 0 1,634 0 3 1 1,638 718 452 62,646 633 632 48 63,959 70,492 10,654 59,838

 18,863 0 808 0 1 8 816 264 168 20,111 138 138 14 20,400 22,964 4,101 18,863

 1,795 0 532 0 1 1 534 611 65 3,005 369 131 0 3,504 9,461 7,666 1,795

 16,195 0 701 0 1 9 711 341 158 17,405 179 179 13 17,776 21,483 5,288 16,195

 8,130 0 615 0 1 1 617 317 145 9,210 188 188 9 9,596 31,879 23,749 8,130

 50,879 0 1,423 0 3 6 1,433 2,339 398 55,048 794 792 36 56,671 75,720 24,841 50,879