Reserve Bank Credit 559,373 - 3,508 + 24,757 559,830

U.S. government securities (1)

Bought outright-system account (2,3) 512,218 + 1,095 + 21,569 510,829

Held under repurchase agreements 0 0 - 1,268 0

Federal agency obligations (1)

Bought outright 136 - 4 - 102 130

Held under repurchase agreements 0 0 - 8,224 0

Repurchase agreements — triparty (4) 11,205 - 6,459 + 11,205 11,840

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 4 - 32 - 19 8

Seasonal credit 422 - 109 + 154 387

Extended credit 0 0 0 0

Float 1,428 + 1,437 + 480 2,475

Other F.R. assets 33,959 + 563 + 961 34,161

Gold stock 11,046 0 0 11,046

Special drawing rights certificate account 4,200 0 - 3,857 4,200

Treasury currency outstanding 30,119 + 14 + 2,752 30,119

Total factors supplying reserve funds 604,737 - 3,494 + 23,651 605,194

Currency in circulation* 571,534 - 659 + 28,908 571,252

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

Treasury cash holdings* 167 + 1 + 80 162

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

Treasury 4,627 - 967 - 853 5,348

Foreign 80 + 6 - 149 74

Service-related balances and adjustments (5) 6,589 - 204 - 530 6,589

Other 237 - 11 - 32 188

Other F.R. liabilities and capital 15,278 + 122 - 2,967 14,949

Total factors, other than reserve balances,

absorbing reserve funds 598,512 - 1,711 + 24,457 598,561

Reserve balances with F.R. Banks (6) 6,225 - 1,783 - 806 6,633

FEDERAL RESERVE

 September 14, 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 September 13, 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 $ 712,875 million, a change of $ - 1,449 million for the week. The total includes

$ 616,840 million of U.S. government securities and $ 96,036 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 $ 16,566 million (daily average over statement week) and $ 18,094 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,566 million (daily average) and $ 18,094 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 124 million (daily average)

and $ 566 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 $ 425 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 $ 6,260 million and adjustments of $ 329 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

Sep 13, 2000 Week ended

Sep 13, 2000 Sep 6, 2000 Sep 15, 1999
ASSETS

Gold certificate account 11,046 0 0

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

Coin 735 + 6 + 452

Loans 395 - 238 + 89

Acceptances 0 0 0

Repurchase agreements — triparty (1) 11,840 - 4,840 + 11,840

Federal agency obligations (2)

Bought outright 130 - 10 - 108

Held under repurchase agreements 0 0 - 13,040

U.S. government securities (2)

Bought outright—Bills 186,477 - 2,518 - 12,806

Notes (3) 233,651 + 879 + 21,856

Bonds (4) 90,700 + 21 + 10,649

Total bought outright (5) 510,829 - 1,618 + 19,700

Held under repurchase agreements 0 0 - 1,335

Total U.S. government securities 510,829 - 1,618 + 18,365

Total loans and securities 523,193 - 6,706 + 17,145

Items in process of collection (855) 9,980 - 1,537 + 1,581

Bank premises 1,420 + 1 + 87

Other assets (6) 32,801 + 434 + 871

 TOTAL ASSETS ( 8 5 5 ) 583,375 - 7,803 + 17,137

LIABILITIES

Federal Reserve notes 542,030 - 2,312 + 25,514

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 12,871 - 4,379 - 578

U.S. Treasury—general account 5,348 + 989 - 4,780

Foreign—official accounts 74 - 1 - 168

Other ( 0 ) 188 - 59 - 68

Total deposits ( 0 ) 18,480 - 3,452 - 5,595

Deferred availability cash items (855) 7,916 - 2,060 + 377

Other liabilities and accrued dividends (7) 4,369 - 58 - 291

TOTAL LIABILITIES ( 8 5 5 ) 572,794 - 7,883 + 20,004

CAPITAL ACCOUNTS

Capital paid in 6,920 + 46 + 608

Surplus 2,679 0 - 3,273

Other capital accounts 982 + 34 - 202

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Sep 15, 1999

Eliminations from

Consolidation Wednesday

Sep 13, 2000

Wednesday

 Sep 6, 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 $ 335 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 $ 89 million of compensation

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

5 Net of $ 18,094 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 566 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, September 13, 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 $ 425 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 18,333 + 2,874 0 - 10 7,890 0

16 days to 90 days 313 110,937 - 816 0 0 3,950 0

91 days to 1 year 0 126,872 - 4,575 0 0 ——— ———

 Over 1 year to 5 years ——— 130,499 + 898 30 + 20 ——— ———

 Over 5 years to 10 years ——— 53,075 + 1 100 - 20 ——— ———

Over 10 years ——— 71,113 + 1 0 0 ——— ———

Total 395 510,829 - 1,618 130 - 10 11,840 0
 535

 219 16 0 0 0 7 0 10,705 13,414 5,207 29,326 0 29,326 29,333 604 93 1,556 + 838 33,194

Each Federal Reserve Bank on September 13, 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 $ 335 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 89 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 $ 566 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 4,200 735 395 0 11,840 130 0 186,477 233,651 90,700 510,829 0 510,829 523,193 10,835 1,420 32,801 0 584,231

 4,428 1,668 62 0 0 11,840 50 0 71,981 90,190 35,011 197,181 0 197,181 209,071 1,303 163 11,023 +16,223 243,942

 414 158 47 6 0 0 5 0 7,767 9,732 3,778 21,276 0 21,276 21,287 608 49 1,185 - 1,166 22,582

 520 199 48 0 0 0 7 0 10,435 13,075 5,076 28,587 0 28,587 28,594 376 156 1,919 + 1,218 33,030

 750 280 98 0 0 0 8 0 10,947 13,716 5,324 29,987 0 29,987 29,994 861 124 4,996 + 779 37,883

 802 317 100 16 0 0 9 0 12,412 15,552 6,037 34,002 0 34,002 34,027 1,121 218 2,147 + 964 39,695

 1,064 405 92 85 0 0 16 0 22,305 27,948 10,849 61,103 0 61,103 61,203 678 105 3,184 - 5,600 61,132

 359 135 40 77 0 0 5 0 7,084 8,876 3,445 19,405 0 19,405 19,487 358 33 964 - 871 20,506

 158 58 23 109 0 0 1 0 785 984 382 2,150 0 2,150 2,260 732 126 655 - 1,246 2,767

 340 126 51 78 0 0 4 0 6,214 7,786 3,023 17,023 0 17,023 17,105 654 49 946 - 1,549 17,722

 514 187 69 16 0 0 4 0 5,517 6,913 2,684 15,114 0 15,114 15,134 786 138 1,002 - 5,298 12,532

 1,162 448 89 8 0 0 14 0 20,324 25,465 9,885 55,675 0 55,675 55,697 2,754 165 3,224 - 4,294 59,245
Each Federal Reserve Bank on September 13, 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.

 542,030 0 12,871 5,348 74 188 18,480 8,771 4,369 573,650 6,920 2,679 982 584,231 765,862 223,832 542,030 11,046 4,200 3,985 522,799 542,030

 31,216 0 609 0 1 0 611 553 256 32,637 367 120 70 33,194 37,828 6,612 31,216

 231,168 0 2,334 5,348 50 134 7,865 1,016 1,488 241,537 1,487 552 367 243,942 307,432 76,264 231,168

 21,319 0 372 0 1 1 374 362 196 22,250 212 83 37 22,582 31,604 10,285 21,319

 30,936 0 748 0 2 4 754 377 255 32,321 468 185 56 33,030 37,575 6,640 30,936

 32,404 0 1,860 0 8 40 1,908 841 308 35,461 1,680 705 37 37,883 51,859 19,455 32,404

 36,966 0 761 0 2 0 763 881 334 38,946 490 192 68 39,695 60,843 23,876 36,966

 57,389 0 1,630 0 3 6 1,638 649 496 60,172 613 241 106 61,132 70,415 13,027 57,389

 19,150 0 704 0 1 0 705 245 182 20,282 135 66 23 20,506 23,985 4,835 19,150

 1,188 0 510 0 1 0 511 515 69 2,283 357 98 30 2,767 9,905 8,718 1,188

 16,397 0 457 0 1 1 459 426 172 17,453 175 75 20 17,722 21,938 5,541 16,397

 10,845 0 860 0 1 1 862 375 160 12,242 187 88 16 12,532 33,175 22,331 10,845

 53,053 0 2,026 0 3 1 2,030 2,532 452 58,067 749 275 154 59,245 79,302 26,249 53,053