Reserve Bank Credit 577,838 - 525 + 5,961 578,870

U.S. government securities (1)

Bought outright-system account (2,3) 516,288 + 2,176 + 21,464 516,778

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 130 0 - 51 130

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 24,228 - 2,888 - 16,526 22,520

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 4 - 81 - 238 1

Seasonal credit 26 - 10 - 2 24

Extended credit 0 0 0 0

Float 748 - 16 + 345 2,919

Other F.R. assets 36,415 + 296 + 985 36,498

Gold stock 11,046 0 - 2 11,046

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

Treasury currency outstanding 31,247 + 14 + 3,055 31,247

Total factors supplying reserve funds 622,331 - 511 + 5,014 623,363

Currency in circulation* 583,793 - 4,207 + 2,127 583,145

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

Treasury cash holdings* 456 + 2 + 334 445

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

Treasury 6,529 + 1,734 + 1,139 7,979

Foreign 106 - 2 + 5 103

Service-related balances and adjustments (5) 6,631 - 325 - 840 6,631

Other 199 + 20 - 51 283

Other F.R. liabilities and capital 18,265 + 283 - 181 17,936

Total factors, other than reserve balances,

absorbing reserve funds 615,980 - 2,493 + 2,535 616,521

Reserve balances with F.R. Banks (6) 6,351 + 1,982 + 2,479 6,842

FEDERAL RESERVE

 January 18, 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 17, 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 $ 696,657 million, a change of $ + 3,791 million for the week. The total includes

$ 591,012 million of U.S. government securities and $ 105,645 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 $ 16,097 million (daily average over statement week) and $ 15,752 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,097 million (daily average) and $ 15,752 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,530 million (daily average)

and $ 2,229 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 6,905 million of inflation-indexed securities valued at the original face amount and $ 532 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 $ 6,080 million and adjustments of $ 551 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 17, 2001 Week ended

Jan 17, 2001 Jan 10, 2001 Jan 19, 2000
ASSETS

Gold certificate account 11,046 0 - 2

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

Coin 987 + 32 + 695

Loans 25 - 7 - 146

Acceptances 0 0 0

Repurchase agreements — triparty (1) 22,520 - 5,355 - 12,090

Federal agency obligations (2)

Bought outright 130 0 - 51

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 184,010 + 645 - 11,042

Notes (3) 239,847 + 655 + 21,768

Bonds (4) 92,921 0 + 9,942

Total bought outright (5) 516,778 + 1,300 + 20,668

Held under repurchase agreements 0 0 0

Total U.S. government securities 516,778 + 1,300 + 20,668

Total loans and securities 539,453 - 4,063 + 8,381

Items in process of collection ( 8 7 6 ) 15,495 + 7,347 + 1,601

Bank premises 1,463 + 1 + 96

Other assets (6) 35,089 + 225 + 942

 TOTAL ASSETS ( 8 7 6 ) 605,734 + 3,544 + 7,714

LIABILITIES

Federal Reserve notes 553,329 - 2,424 + 3,266

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 13,624 - 1,254 - 1,030

U.S. Treasury—general account 7,979 + 2,819 + 4,263

Foreign—official accounts 103 - 19 + 23

Other ( 0 ) 283 + 109 + 27

Total deposits ( 0 ) 21,990 + 1,656 + 3,284

Deferred availability cash items ( 8 7 6 ) 12,479 + 4,361 + 1,415

Other liabilities and accrued dividends (7) 4,079 - 60 - 435

TOTAL LIABILITIES ( 8 7 6 ) 591,877 + 3,532 + 7,530

CAPITAL ACCOUNTS

Capital paid in 7,000 + 1 + 357

Surplus 6,190 + 1 - 242

Other capital accounts 667 + 9 + 69

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Jan 19, 2000

Eliminations from

Consolidation Wednesday

Jan 17, 2001

Wednesday

Jan 10, 2001

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

2 Face value of the securities.

3 Includes $ 5,367 million of inflation-indexed securities valued at the original face amount and $ 428 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 $ 105 million of compensation

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

5 Net of $ 15,752 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,229 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 17, 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 $ 6,905 million of inflation-indexed securities valued at the original face amount and $ 532 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 25 20,094 + 5,213 0 0 16,525 0

16 days to 90 days 0 112,438 - 3,931 0 0 5,995 0

91 days to 1 year 0 125,287 - 637 0 0 ——— ———

 Over 1 year to 5 years ——— 131,501 0 130 0 ——— ———

 Over 5 years to 10 years ——— 56,561 + 654 0 0 ——— ———

Over 10 years ——— 70,897 0 0 0 ——— ———

Total 25 516,778 + 1,300 130 0 22,520 0
 535

 115 52 1 0 0 7 0 10,564 13,769 5,334 29,667 0 29,667 29,676 1,761 94 1,674 + 1,299 35,204

 Each Federal Reserve Bank on January 17, 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 $ 428 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 105 million of compensation that adjusts for the effects of inflation on the

ale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,229 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 2,200 987 25 0 22,520 130 0 184,010 239,847 92,921 516,778 0 516,778 539,453 16,371 1,463 35,089 0 606,610

 4,428 874 70 0 0 22,520 50 0 71,028 92,582 35,868 199,477 0 199,477 222,048 2,308 166 11,897 +16,290 258,082

 414 83 56 0 0 0 5 0 7,664 9,990 3,870 21,524 0 21,524 21,529 613 51 1,232 - 10 23,968

 520 104 67 0 0 0 7 0 10,297 13,422 5,200 28,919 0 28,919 28,927 768 154 2,067 + 774 33,381

 750 147 122 0 0 0 8 0 10,802 14,080 5,455 30,336 0 30,336 30,344 1,117 128 5,272 + 1,504 39,384

 802 166 92 0 0 0 9 0 12,248 15,965 6,185 34,398 0 34,398 34,407 1,305 251 2,279 + 1,023 40,326

 1,064 212 122 13 0 0 16 0 22,010 28,689 11,115 61,814 0 61,814 61,843 1,232 104 3,391 - 3,518 64,451

 359 71 52 2 0 0 5 0 6,990 9,111 3,530 19,631 0 19,631 19,638 740 35 1,033 - 1,449 20,479

 158 30 35 0 0 0 1 0 775 1,010 391 2,175 0 2,175 2,176 899 126 688 - 717 3,394

 340 66 70 6 0 0 4 0 6,132 7,993 3,097 17,221 0 17,221 17,232 1,022 49 1,014 - 1,716 18,078

 514 98 97 3 0 0 4 0 5,444 7,097 2,749 15,290 0 15,290 15,297 604 138 1,067 - 7,243 10,571

 1,162 234 151 0 0 0 14 0 20,055 26,141 10,127 56,323 0 56,323 56,337 4,003 167 3,476 - 6,238 59,292
 Each Federal Reserve Bank on January 17, 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.

 553,329 0 13,624 7,979 103 283 21,989 13,356 4,079 592,753 7,000 6,190 667 606,610 749,177 195,848 553,329 11,046 2,200 655 539,428 553,329

 31,808 0 1,344 0 1 1 1,346 1,054 246 34,455 358 358 33 35,204 37,056 5,248 31,808

 240,449 0 3,062 7,979 79 130 11,249 1,776 1,399 254,873 1,467 1,468 273 258,082 300,499 60,050 240,449

 22,402 0 394 0 1 2 397 503 186 23,488 228 228 25 23,968 31,475 9,073 22,402

 30,808 0 793 0 2 4 799 566 229 32,402 472 472 35 33,381 36,426 5,618 30,808

 33,550 0 1,475 0 8 119 1,601 1,099 280 36,530 1,679 1,103 73 39,384 50,852 17,303 33,550

 36,782 0 888 0 2 1 891 1,307 315 39,296 496 495 38 40,326 59,891 23,109 36,782

 60,058 0 1,548 0 3 1 1,552 1,038 465 63,113 633 632 73 64,451 70,754 10,696 60,058

 19,053 0 497 0 1 10 508 449 172 20,181 138 138 22 20,479 23,084 4,031 19,053

 1,436 0 646 0 1 0 648 738 67 2,889 368 137 0 3,394 9,522 8,087 1,436

 16,425 0 544 0 1 11 556 561 161 17,703 179 179 17 18,078 21,543 5,119 16,425

 8,588 0 926 0 1 1 927 515 149 10,180 188 188 15 10,571 32,002 23,414 8,588

 51,972 0 1,507 0 3 4 1,514 3,749 409 57,645 792 792 62 59,292 76,073 24,101 51,972