Reserve Bank Credit 621,130 + 1,905 + 47,578 627,158

U.S. government securities (1)

Bought outright-system account (2,3) 549,494 + 426 + 35,805 550,765

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 10 0 - 120 10

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 35,243 + 986 + 10,523 39,350

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 9 - 24 - 39 3

Seasonal credit 33 + 3 - 115 33

Extended credit 0 0 0 0

Float 702 + 101 + 52 1,024

Other F.R. assets 35,639 + 413 + 1,473 35,974

Gold stock 11,045 0 - 1 11,045

Special drawing rights certificate account 2,200 0 - 1,000 2,200

Treasury currency outstanding 33,113 + 2 + 1,757 33,111

Total factors supplying reserve funds 667,488 + 1,907 + 48,335 673,514

Currency in circulation* 626,232 + 3,247 + 45,743 626,851

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

Treasury cash holdings* 429 - 7 + 114 434

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

Treasury 5,074 - 529 + 134 4,313

Foreign 327 + 155 + 253 351

Service-related balances and adjustments (5) 8,158 - 84 + 1,400 8,158

Other 263 - 11 + 34 272

Other F.R. liabilities and capital 17,815 + 49 - 212 17,858

Total factors, other than reserve balances,

absorbing reserve funds 658,298 + 2,820 + 47,465 658,237

Reserve balances with F.R. Banks (6) 9,190 - 913 + 869 15,277

FEDERAL RESERVE

 November 29, 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 November 28, 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 $ 737,351 million, a change of $ - 3,571 million for the week. The total includes

$ 605,995 million of U.S. government securities and $ 131,356 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 $ 19,416 million (daily average over statement week) and $ 18,991 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,416 million (daily average) and $ 18,991 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 3,677 million (daily average)

and $ 5,553 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 951 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 $ 7,807 million and adjustments of $ 351 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

Nov 28, 2001 Week ended

Nov 28, 2001 Nov 21, 2001 Nov 29, 2000
ASSETS

Gold certificate account 11,045 0 - 1

Special drawing rights certificate account 2,200 0 - 1,000

Coin 1,046 - 28 + 154

Loans 35 0 - 403

Acceptances 0 0 0

Repurchase agreements — triparty (1) 39,350 + 3,100 + 13,720

Federal agency obligations (2)

Bought outright 10 0 - 120

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 185,299 + 644 + 1,482

Notes (3) 262,376 + 901 + 24,572

Bonds (4) 103,090 + 55 + 10,403

Total bought outright (5) 550,765 + 1,599 + 36,457

Held under repurchase agreements 0 0 0

Total U.S. government securities 550,765 + 1,599 + 36,457

Total loans and securities 590,161 + 4,701 + 49,655

Items in process of collection (839) 8,037 - 1,571 + 839

Bank premises 1,519 0 + 78

Other assets (6) 34,779 + 554 + 1,779

 TOTAL ASSETS ( 8 3 9 ) 648,787 + 3,656 + 51,505

LIABILITIES

Federal Reserve notes 595,220 + 547 + 44,263

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 23,283 + 3,656 + 6,921

U.S. Treasury—general account 4,313 - 314 - 743

Foreign—official accounts 351 + 188 + 278

Other ( 0 ) 272 + 15 + 45

Total deposits ( 0 ) 28,219 + 3,545 + 6,501

Deferred availability cash items (839) 7,490 - 688 + 796

Other liabilities and accrued dividends (7) 2,687 - 9 - 1,722

TOTAL LIABILITIES ( 8 3 9 ) 633,616 + 3,395 + 49,838

CAPITAL ACCOUNTS

Capital paid in 7,370 + 89 + 299

Surplus 6,733 + 3 + 4,054

Other capital accounts 1,069 + 170 - 2,685

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Nov 29, 2000

Eliminations from

Consolidation Wednesday

Nov 28, 2001

Wednesday

Nov 21, 2001

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

2 Face value of the securities.

3 Includes $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 583 million of compensation

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

4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 368 million of compensation

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

5 Net of $ 18,991 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 5,553 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, November 28, 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 $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 951 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 31 23,947 + 2,060 0 0 30,350 0

16 days to 90 days 5 113,309 - 1,710 0 0 9,000 0

91 days to 1 year 0 130,323 + 296 0 0 ——— ———

 Over 1 year to 5 years ——— 151,091 + 944 10 0 ——— ———

 Over 5 years to 10 years ——— 53,251 + 6 0 0 ——— ———

Over 10 years ——— 78,845 + 5 0 0 ——— ———

Total 35 550,765 + 1,599 10 0 39,350 0
 546

 115 54 0 0 0 1 0 11,133 15,764 6,194 33,091 0 33,091 33,092 444 93 1,791 - 1,521 34,614

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on November 28, 2001Millions of dollars

Dallas San Francisco Kansas City Minneapolis Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia

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 securities.2 Face value of the securities.3 Includes $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 583 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 368 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 18,991 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 5,553 million that are fully

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.

 11,045 2,200 1,046 35 0 39,350 10 0 185,299 262,376 103,090 550,765 0 550,765 590,161 8,876 1,519 34,779 0 649,626

 4,451 874 70 0 0 39,350 4 0 75,905 107,478 42,229 225,612 0 225,612 264,966 1,181 175 12,640 -23,290 261,067

 454 83 40 0 0 0 0 0 7,611 10,777 4,234 22,622 0 22,622 22,623 511 49 1,198 - 1,228 23,730

 538 104 62 2 0 0 1 0 10,848 15,361 6,035 32,244 0 32,244 32,247 370 152 2,056 - 1,537 33,991

 741 147 172 0 0 0 1 0 11,070 15,674 6,159 32,903 0 32,903 32,904 583 133 4,792 +11,165 50,636

 871 166 109 4 0 0 1 0 12,742 18,042 7,089 37,872 0 37,872 37,877 732 285 2,283 + 4,194 46,518

 1,028 212 120 14 0 0 1 0 20,987 29,716 11,676 62,379 0 62,379 62,393 737 111 3,266 + 6,776 74,643

 343 71 56 4 0 0 0 0 6,679 9,457 3,716 19,851 0 19,851 19,856 412 42 926 + 1,604 23,310

 143 30 32 3 0 0 0 0 578 819 322 1,718 0 1,718 1,721 629 123 669 +10,077 13,424

 317 66 68 7 0 0 0 0 5,719 8,098 3,182 17,000 0 17,000 17,007 510 49 939 - 646 18,309

 477 98 127 2 0 0 0 0 3,359 4,756 1,869 9,984 0 9,984 9,986 353 137 779 + 3,546 15,503

 1,136 234 135 1 0 0 1 0 18,668 26,434 10,386 55,488 0 55,488 55,490 2,414 172 3,441 - 9,141 53,881
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on November 28, 2001Millions of dollars

Dallas San Francisco Kansas City Minneapolis Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia

 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 agreements under triparty

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

Components may not add to totals due to rounding.

 595,220 0 23,283 4,313 351 272 28,219 8,329 2,687 634,455 7,370 6,733 1,069 649,626 746,906 151,686 595,220 11,045 2,200 0 581,975 595,220

 31,036 0 2,034 0 2 1 2,037 499 165 33,738 422 358 96 34,614 35,914 4,878 31,036

 243,908 0 7,303 4,313 327 137 12,080 1,008 857 257,852 1,499 1,468 248 261,067 287,963 44,055 243,908

 22,032 0 436 0 1 1 437 667 120 23,257 222 228 23 23,730 28,786 6,754 22,032

 30,542 0 1,601 0 2 2 1,604 368 161 32,675 670 472 174 33,991 35,451 4,908 30,542

 43,911 0 2,121 0 7 109 2,237 685 257 47,091 1,757 1,679 110 50,636 55,666 11,755 43,911

 43,026 0 1,296 0 2 2 1,300 843 222 45,392 545 495 85 46,518 64,804 21,777 43,026

 68,513 0 3,580 0 3 1 3,584 655 281 73,032 775 632 204 74,643 75,650 7,138 68,513

 21,289 0 1,384 0 1 2 1,387 203 115 22,994 149 138 29 23,310 24,107 2,818 21,289

 12,058 0 435 0 1 0 437 584 63 13,141 180 104 0 13,424 14,367 2,310 12,058

 16,697 0 742 0 1 12 755 353 108 17,912 190 179 27 18,309 21,035 4,338 16,697

 13,974 0 757 0 1 3 761 316 91 15,142 163 188 10 15,503 33,182 19,208 13,974

 48,234 0 1,594 0 3 2 1,599 2,147 248 52,228 798 792 62 53,881 69,980 21,747 48,234