Reserve Bank Credit 578,383 - 12,471 - 11,198 579,657

U.S. government securities (1)

Bought outright-system account (2,3) 514,112 + 1,954 + 29,417 515,478

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) 27,116 - 13,823 - 40,305 27,875

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 85 + 60 - 771 7

Seasonal credit 36 - 37 + 5 25

Extended credit 0 0 0 0

Float 784 - 353 - 248 -178

Other F.R. assets 36,120 - 271 + 882 36,318

Gold stock 11,046 0 - 2 11,046

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

Treasury currency outstanding 31,233 + 14 + 3,087 31,233

Total factors supplying reserve funds 622,862 - 12,457 - 12,113 624,136

Currency in circulation* 588,000 - 5,189 - 11,272 585,574

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

Treasury cash holdings* 454 + 4 + 333 458

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

Treasury 4,795 - 517 - 531 5,160

Foreign 108 - 48 + 34 122

Service-related balances and adjustments (5) 6,956 - 472 - 1,009 6,956

Other 179 - 875 - 12 174

Other F.R. liabilities and capital 17,982 + 98 - 206 17,985

Total factors, other than reserve balances,

absorbing reserve funds 618,473 - 7,001 - 12,665 616,429

Reserve balances with F.R. Banks (6) 4,389 - 5,456 + 552 7,707

FEDERAL RESERVE

 January 11, 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 10, 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 $ 692,866 million, a change of $ + 1,323 million for the week. The total includes

$ 591,043 million of U.S. government securities and $ 101,823 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 $ 17,157 million (daily average over statement week) and $ 16,335 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 17,157 million (daily average) and $ 16,335 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,247 million (daily average)

and $ 2,478 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 $ 531 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 $ 6,332 million and adjustments of $ 624 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 10, 2001 Week ended

Jan 10, 2001 Jan 3, 2001 Jan 12, 2000
ASSETS

Gold certificate account 11,046 0 - 2

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

Coin 955 + 20 + 717

Loans 32 - 26 - 969

Acceptances 0 0 0

Repurchase agreements — triparty (1) 27,875 - 2,600 - 35,020

Federal agency obligations (2)

Bought outright 130 0 - 51

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 183,365 + 1,489 - 907

Notes (3) 239,192 + 574 + 20,724

Bonds (4) 92,921 + 137 + 9,942

Total bought outright (5) 515,478 + 2,200 + 29,759

Held under repurchase agreements 0 0 0

Total U.S. government securities 515,478 + 2,200 + 29,759

Total loans and securities 543,516 - 425 - 6,279

Items in process of collection (933) 8,148 - 5,736 + 221

Bank premises 1,462 + 1 + 96

Other assets (6) 34,864 + 460 + 768

 TOTAL ASSETS ( 9 3 3 ) 602,190 - 5,681 - 8,482

LIABILITIES

Federal Reserve notes 555,753 - 7,126 - 6,388

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 14,878 + 2,820 - 2,381

U.S. Treasury—general account 5,160 + 1,328 - 294

Foreign—official accounts 122 + 46 + 12

Other ( 0 ) 174 - 30 - 55

Total deposits ( 0 ) 20,334 + 4,165 - 2,716

Deferred availability cash items (933) 8,118 - 3,162 + 657

Other liabilities and accrued dividends (7) 4,139 + 48 - 376

TOTAL LIABILITIES ( 9 3 3 ) 588,345 - 6,074 - 8,823

CAPITAL ACCOUNTS

Capital paid in 6,999 + 2 + 557

Surplus 6,189 + 1 - 243

Other capital accounts 658 + 391 + 28

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Jan 12, 2000

Eliminations from

Consolidation Wednesday

Jan 10, 2001

Wednesday

 Jan 3, 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 $ 427 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 $ 104 million of compensation

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

5 Net of $ 16,335 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,478 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 10, 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 $ 531 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 13 14,881 - 2,139 0 0 14,870 0

16 days to 90 days 19 116,369 + 2,396 0 0 13,005 0

91 days to 1 year 0 125,924 + 1,233 0 0 ——— ———

 Over 1 year to 5 years ——— 131,501 + 266 130 0 ——— ———

 Over 5 years to 10 years ——— 55,907 + 445 0 0 ——— ———

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

Total 32 515,478 + 2,200 130 0 27,875 0
 535

 115 50 0 0 0 7 0 10,527 13,732 5,334 29,593 0 29,593 29,600 799 93 1,665 + 1,571 34,428

 Each Federal Reserve Bank on January 10, 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 $ 427 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 104 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 $ 2,478 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 2,200 955 32 0 27,875 130 0 183,365 239,192 92,921 515,478 0 515,478 543,516 9,081 1,462 34,864 0 603,124

 4,428 874 72 0 0 27,875 50 0 70,779 92,329 35,868 198,976 0 198,976 226,901 1,066 166 11,807 + 8,204 253,519

 414 83 54 0 0 0 5 0 7,637 9,962 3,870 21,470 0 21,470 21,475 469 51 1,257 + 312 24,114

 520 104 66 0 0 0 7 0 10,261 13,385 5,200 28,847 0 28,847 28,854 275 154 2,050 + 1,456 33,479

 750 147 120 2 0 0 8 0 10,764 14,041 5,455 30,260 0 30,260 30,269 566 128 5,230 + 3,731 40,941

 802 166 83 0 0 0 9 0 12,205 15,921 6,185 34,312 0 34,312 34,320 736 251 2,272 + 1,981 40,611

 1,064 212 113 15 0 0 16 0 21,933 28,611 11,115 61,659 0 61,659 61,689 681 104 3,371 - 2,350 64,884

 359 71 51 5 0 0 5 0 6,966 9,086 3,530 19,582 0 19,582 19,591 425 35 1,029 - 1,300 20,261

 158 30 35 0 0 0 1 0 772 1,007 391 2,170 0 2,170 2,171 624 126 684 - 492 3,336

 340 66 66 6 0 0 4 0 6,111 7,971 3,097 17,178 0 17,178 17,189 775 49 1,011 - 1,092 18,405

 514 98 93 3 0 0 4 0 5,425 7,077 2,749 15,252 0 15,252 15,259 388 138 1,061 - 7,203 10,347

 1,162 234 152 1 0 0 14 0 19,985 26,069 10,127 56,182 0 56,182 56,197 2,278 167 3,426 - 4,817 58,798
 Each Federal Reserve Bank on January 10, 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.

 555,753 0 14,878 5,160 122 174 20,334 9,051 4,139 589,278 6,999 6,189 658 603,124 750,186 194,433 555,753 11,046 2,200 0 542,508 555,753

 32,042 0 694 0 1 1 697 689 249 33,676 358 358 35 34,428 37,132 5,090 32,042

 240,445 0 2,000 5,160 98 130 7,389 1,053 1,421 250,308 1,467 1,468 276 253,519 300,737 60,292 240,445

 22,526 0 459 0 1 2 462 459 187 23,634 228 228 25 24,114 31,555 9,029 22,526

 30,910 0 948 0 2 3 953 401 235 32,499 472 472 36 33,479 36,415 5,505 30,910

 33,616 0 3,432 0 8 17 3,457 758 285 38,116 1,679 1,103 43 40,941 50,789 17,173 33,616

 37,313 0 1,068 0 2 1 1,071 878 320 39,582 496 495 37 40,611 60,016 22,704 37,313

 60,447 0 1,944 0 3 1 1,948 682 470 63,547 632 632 74 64,884 70,814 10,367 60,447

 19,100 0 431 0 1 7 439 248 174 19,962 138 138 24 20,261 23,128 4,028 19,100

 1,361 0 836 0 1 0 837 566 66 2,831 368 136 0 3,336 9,551 8,190 1,361

 16,444 0 924 0 1 9 934 485 164 18,027 179 179 20 18,405 21,551 5,107 16,444

 8,869 0 610 0 1 1 612 320 151 9,952 188 188 19 10,347 32,130 23,262 8,869

 52,680 0 1,532 0 3 1 1,536 2,511 416 57,144 792 792 70 58,798 76,367 23,688 52,680