Reserve Bank Credit 561,873 + 166 + 17,409 565,646

U.S. government securities (1)

Bought outright-system account (2,3) 509,485 - 2,600 + 18,578 510,168

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 130 0 - 68 130

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 14,330 + 3,391 - 3,793 18,843

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 299 + 263 + 284 12

Seasonal credit 301 - 24 + 77 290

Extended credit 0 0 0 0

Float 1,174 - 1,418 + 621 -150

Other F.R. assets 36,154 + 554 + 1,710 36,352

Gold stock 11,046 0 - 4 11,046

Special drawing rights certificate account 3,200 0 - 4,000 3,200

Treasury currency outstanding 30,437 + 14 + 2,883 30,437

Total factors supplying reserve funds 606,556 + 180 + 16,288 610,329

Currency in circulation* 571,907 - 522 + 20,208 571,964

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

Treasury cash holdings* 256 + 54 + 162 289

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

Treasury 5,170 - 154 - 251 5,149

Foreign 108 + 19 - 79 87

Service-related balances and adjustments (5) 6,614 - 100 - 482 6,614

Other 250 - 19 - 41 269

Other F.R. liabilities and capital 15,427 + 221 - 2,905 15,652

Total factors, other than reserve balances,

absorbing reserve funds 599,732 - 501 + 16,611 600,024

Reserve balances with F.R. Banks (6) 6,824 + 681 - 323 10,305

FEDERAL RESERVE

 October 19, 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 October 18, 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 $ 689,632 million, a change of $ - 4,941 million for the week. The total includes

$ 593,453 million of U.S. government securities and $ 96,179 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 $ 16,681 million (daily average over statement week) and $ 16,007 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,351 million (daily average) and $ 16,007 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,986 million (daily average)

and $ 613 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 $ 434 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 $ 6,353 million and adjustments of $ 261 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 18, 2000 Week ended

Oct 18, 2000 Oct 11, 2000 Oct 20, 1999
ASSETS

Gold certificate account 11,046 0 - 4

Special drawing rights certificate account 3,200 0 - 4,000

Coin 824 + 1 + 507

Loans 303 - 41 + 75

Acceptances 0 0 0

Repurchase agreements — triparty (1) 18,843 + 7,303 - 4,707

Federal agency obligations (2)

Bought outright 130 0 - 68

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 182,609 - 2,505 - 17,060

Notes (3) 235,727 + 1 + 24,457

Bonds (4) 91,833 + 500 + 11,405

Total bought outright (5) 510,168 - 2,005 + 18,801

Held under repurchase agreements 0 0 0

Total U.S. government securities 510,168 - 2,005 + 18,801

Total loans and securities 529,444 + 5,257 + 14,101

Items in process of collection (1,107) 8,495 - 6,382 + 839

Bank premises 1,433 + 1 + 91

Other assets (6) 34,914 + 387 + 1,689

 TOTAL ASSETS (1,107) 589,355 - 738 + 13,223

LIABILITIES

Federal Reserve notes 542,639 - 1,583 + 16,712

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 17,471 + 3,922 - 2,162

U.S. Treasury—general account 5,149 - 1,013 + 224

Foreign—official accounts 87 + 2 - 80

Other ( 0 ) 269 + 16 - 42

Total deposits ( 0 ) 22,976 + 2,926 - 2,059

Deferred availability cash items (1,107) 8,088 - 2,739 + 909

Other liabilities and accrued dividends (7) 4,295 + 8 - 168

TOTAL LIABILITIES (1,107) 577,998 - 1,388 + 15,394

CAPITAL ACCOUNTS

Capital paid in 6,982 + 37 + 645

Surplus 2,679 0 - 3,273

Other capital accounts 1,697 + 614 + 458

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Oct 20, 1999

Eliminations from

Consolidation Wednesday

Oct 18, 2000

Wednesday

Oct 11, 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 $ 343 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 $ 91 million of compensation

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

5 Net of $ 16,007 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 613 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, October 18, 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 $ 434 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 286 17,280 - 2,353 0 0 12,843 0

16 days to 90 days 16 111,121 - 1,526 0 0 6,000 0

91 days to 1 year 0 125,994 + 1,373 0 0 ——— ———

 Over 1 year to 5 years ——— 130,581 0 30 0 ——— ———

 Over 5 years to 10 years ——— 53,529 0 100 0 ——— ———

Over 10 years ——— 71,663 + 500 0 0 ——— ———

Total 303 510,168 - 2,005 130 0 18,843 0
 535

 167 25 5 0 0 7 0 10,483 13,533 5,272 29,288 0 29,288 29,300 612 94 1,670 + 806 33,208

 Each Federal Reserve Bank on October 18, 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 $ 343 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 91 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 $ 613 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 3,200 824 303 0 18,843 130 0 182,609 235,727 91,833 510,168 0 510,168 529,444 9,602 1,433 34,914 0 590,462

 4,428 1,271 68 0 0 18,843 50 0 70,487 90,991 35,448 196,926 0 196,926 215,819 1,686 166 11,767 +10,780 245,984

 414 120 48 0 0 0 5 0 7,606 9,818 3,825 21,249 0 21,249 21,254 328 50 1,265 - 818 22,660

 520 151 52 0 0 0 7 0 10,219 13,192 5,139 28,550 0 28,550 28,557 504 156 2,042 + 1,815 33,796

 750 213 103 1 0 0 8 0 10,720 13,838 5,391 29,948 0 29,948 29,956 766 125 5,242 + 1,690 38,845

 802 242 104 13 0 0 9 0 12,155 15,691 6,113 33,958 0 33,958 33,980 716 228 2,273 + 1,898 40,242

 1,064 309 95 70 0 0 16 0 21,843 28,196 10,985 61,024 0 61,024 61,109 613 105 3,391 - 4,187 62,498

 359 103 41 68 0 0 5 0 6,937 8,955 3,488 19,380 0 19,380 19,452 453 33 1,036 - 952 20,527

 158 44 27 70 0 0 1 0 769 992 387 2,148 0 2,148 2,218 552 126 681 - 531 3,275

 340 96 58 66 0 0 4 0 6,085 7,855 3,060 17,001 0 17,001 17,072 576 49 1,011 - 934 18,269

 514 143 66 10 0 0 4 0 5,403 6,975 2,717 15,095 0 15,095 15,108 599 138 1,091 - 4,813 12,846

 1,162 341 137 2 0 0 14 0 19,902 25,692 10,009 55,603 0 55,603 55,619 2,197 166 3,444 - 4,754 58,311
 Each Federal Reserve Bank on October 18, 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.

 542,639 0 17,471 5,149 87 269 22,976 9,195 4,295 579,105 6,982 2,679 1,697 590,462 762,123 219,484 542,639 11,046 3,200 0 528,393 542,639

 30,927 0 739 0 1 0 741 651 252 32,571 368 120 148 33,208 37,244 6,317 30,927

 232,086 0 3,261 5,149 63 161 8,634 1,075 1,469 243,264 1,493 552 676 245,984 305,283 73,197 232,086

 21,331 0 360 0 1 1 362 391 192 22,276 237 83 64 22,660 31,852 10,520 21,331

 30,812 0 1,524 0 2 3 1,529 471 260 33,072 460 185 79 33,796 37,317 6,505 30,812

 32,629 0 2,470 0 8 98 2,577 878 307 36,390 1,685 705 66 38,845 52,245 19,617 32,629

 37,172 0 1,049 0 2 0 1,052 903 325 39,452 491 192 108 40,242 61,106 23,934 37,172

 57,612 0 2,742 0 3 1 2,745 624 484 61,465 615 241 177 62,498 70,440 12,829 57,612

 19,116 0 718 0 1 0 719 263 177 20,275 139 66 47 20,527 23,725 4,610 19,116

 1,185 0 936 0 1 0 937 598 68 2,788 357 98 32 3,275 9,798 8,613 1,185

 16,416 0 951 0 1 1 953 440 166 17,976 178 75 41 18,269 21,788 5,371 16,416

 10,995 0 1,026 0 1 1 1,028 358 156 12,538 188 88 33 12,846 32,961 21,966 10,995

 52,357 0 1,696 0 3 1 1,699 2,541 440 57,038 772 275 226 58,311 78,362 26,005 52,357