Reserve Bank Credit 644,013 + 5,209 + 62,390 645,065

U.S. government securities (1)

Bought outright-system account (2,3) 578,332 + 1,539 + 55,958 580,046

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 10 0 0 10

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 28,200 + 3,807 + 5,980 27,200

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 4 + 3 0 1

Seasonal credit 48 + 6 + 8 49

Extended credit 0 0 0 0

Float -698 - 540 - 1,311 -560

Other F.R. assets 38,117 + 393 + 1,755 38,318

Gold stock 11,044 0 - 2 11,044

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding 33,227 + 14 + 880 33,227

Total factors supplying reserve funds 690,484 + 5,224 + 63,268 691,535

Currency in circulation* 643,392 - 212 + 54,529 644,278

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

Treasury cash holdings* 403 + 3 - 100 400

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

Treasury 5,957 + 949 + 466 7,740

Foreign 116 + 14 + 37 76

Service-related balances and adjustments (5) 10,053 - 19 + 3,268 10,053

Other 242 - 36 - 100 231

Other F.R. liabilities and capital 18,736 + 4 + 783 18,558

Total factors, other than reserve balances,

absorbing reserve funds 678,899 + 704 + 58,883 681,337

Reserve balances with F.R. Banks (6) 11,585 + 4,520 + 4,385 10,198

FEDERAL RESERVE

 April 18, 2002

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 April 17, 2002, 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 $ 745,008 million, a change of $ - 5,138 million for the week. The total includes

$ 604,253 million of U.S. government securities and $ 140,755 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 $ 19,999 million (daily average over statement week) and $ 19,123 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,999 million (daily average) and $ 19,123 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 615 million (daily average)

and $ 2,211 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 11,130 million of inflation-indexed securities valued at the original face amount and $ 1,015 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 $ 9,820 million and adjustments of $ 233 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

Apr 17, 2002 Week ended

Apr 17, 2002 Apr 10, 2002 Apr 18, 2001
ASSETS

Gold certificate account 11,044 0 - 2

Special drawing rights certificate account 2,200 0 0

Coin 1,018 - 18 - 119

Loans 51 + 2 + 3

Acceptances 0 0 0

Repurchase agreements — triparty (1) 27,200 + 4,200 - 2,064

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 193,801 + 724 + 11,764

Notes (3) 281,085 + 1,504 + 34,881

Bonds (4) 105,159 + 332 + 8,206

Total bought outright (5) 580,046 + 2,560 + 54,851

Held under repurchase agreements 0 0 0

Total U.S. government securities 580,046 + 2,560 + 54,851

Total loans and securities 607,306 + 6,762 + 52,789

Items in process of collection (1,402) 7,865 - 123 - 1,399

Bank premises 1,514 + 1 + 24

Other assets (6) 36,582 + 345 + 1,650

 TOTAL ASSETS (1,402) 667,529 + 6,967 + 52,942

LIABILITIES

Federal Reserve notes 612,470 - 237 + 53,375

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 19,991 + 3,922 - 1,765

U.S. Treasury—general account 7,740 + 2,957 + 987

Foreign—official accounts 76 - 193 - 31

Other ( 0 ) 231 - 36 - 104

Total deposits ( 0 ) 28,038 + 6,650 - 913

Deferred availability cash items (1,402) 8,463 + 591 - 401

Other liabilities and accrued dividends (7) 2,393 - 70 - 1,190

TOTAL LIABILITIES (1,402) 651,364 + 6,934 + 50,872

CAPITAL ACCOUNTS

Capital paid in 8,005 - 2 + 959

Surplus 7,282 + 8 + 950

Other capital accounts 878 + 28 + 162

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Apr 18, 2001

Eliminations from

Consolidation Wednesday

Apr 17, 2002

Wednesday

Apr 10, 2002

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

2 Face value of the securities.

3 Includes $ 6,178 million of inflation-indexed securities valued at the original face amount and $ 590 million of compensation

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

4 Includes $ 4,952 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.

5 Net of $ 19,123 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,211 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, April 17, 2002

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 $ 11,130 million of inflation-indexed securities valued at the original face amount and $ 1,015 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 43 25,010 + 10,153 0 0 22,200 0

16 days to 90 days 7 128,461 - 7,001 0 0 5,000 0

91 days to 1 year 0 131,919 - 2,428 0 0 ——— ———

 Over 1 year to 5 years ——— 159,850 + 610 10 0 ——— ———

 Over 5 years to 10 years ——— 53,377 + 1,063 0 0 ——— ———

Over 10 years ——— 81,428 + 161 0 0 ——— ———

Total 51 580,046 + 2,560 10 0 27,200 0
 533

 115 62 3 0 0 1 0 11,104 16,105 6,025 33,233 0 33,233 33,237 541 92 1,919 - 2,049 34,450

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on April 17, 2002Millions of dollars

Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneap

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 secu2 Face value of the securities.3 Includes $ 6,178 million of inflation-indexed securities valued at the original face amount and $ 590 million of compensation that adjusts for the ef

principal of such securities.

4 Includes $ 4,952 million of inflation-indexed securities valued at the original face amount and $ 425 million of compensation that adjusts for the e

principal of such securities.

5 Net of $ 19,123 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,21

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.

 11,044 2,200 1,018 51 0 27,200 10 0 193,801 281,085 105,159 580,046 0 580,046 607,306 9,268 1,514 36,582 0 668,932

 4,369 874 63 0 0 27,200 4 0 76,253 110,596 41,376 228,225 0 228,225 255,429 1,049 181 12,987 - 2,288 272,664

 430 83 56 0 0 0 0 0 7,452 10,809 4,044 22,304 0 22,304 22,305 466 49 1,252 - 2,380 22,261

 522 104 54 0 0 0 1 0 10,693 15,509 5,802 32,004 0 32,004 32,004 369 152 2,411 - 3,024 32,593

 819 147 144 0 0 0 1 0 15,115 21,923 8,202 45,239 0 45,239 45,240 504 131 5,143 + 1,495 53,624

 926 166 80 0 0 0 1 0 13,799 20,014 7,488 41,302 0 41,302 41,302 711 280 2,460 + 1,298 47,223

 1,080 212 128 21 0 0 1 0 22,807 33,078 12,375 68,260 0 68,260 68,282 599 107 3,784 - 2,646 71,546

 346 71 56 7 0 0 0 0 6,891 9,995 3,739 20,625 0 20,625 20,632 392 43 987 - 645 21,882

 1        3,0 4,3 1,6 9,0  9,0 9,0 6 1 6 + 5,0 15,7
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on April 17, 2002Millions of dollars

Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia Minneap

 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 

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

Components may not add to totals due to rounding.

 612,470 0 19,991 7,740 76 231 28,038 9,865 2,393 652,767 8,005 7,282 878 668,932 747,085 134,615 612,470 11,044 2,200 0 599,226 612,470

 30,545 0 2,209 0 2 10 2,220 649 145 33,559 430 418 43 34,450 35,333 4,788 30,545

 254,533 0 4,882 7,740 52 134 12,809 999 739 269,080 1,682 1,504 398 272,664 296,029 41,496 254,533

 20,633 0 408 0 1 0 409 645 107 21,794 223 221 23 22,261 27,712 7,079 20,633

 29,525 0 1,078 0 3 1 1,082 454 138 31,200 680 665 49 32,593 34,112 4,587 29,525

 46,678 0 1,903 0 7 75 1,985 700 246 49,608 2,114 1,757 144 53,624 56,392 9,715 46,678

 43,518 0 1,484 0 2 0 1,486 1,000 198 46,202 450 535 37 47,223 61,816 18,298 43,518

 66,816 0 2,093 0 3 1 2,097 715 255 69,883 800 793 70 71,546 73,750 6,935 66,816

 20,371 0 792 0 1 4 797 287 104 21,559 150 149 23 21,882 23,927 3,556 20,371

 13,8  8    8 5  15,3 3   15,7 16,0 2,2 13,8