Reserve Bank Credit 568,034 + 1,217 + 5,206 573,569

U.S. government securities (1)

Bought outright-system account (2,3) 513,025 + 689 + 19,024 513,813

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) 19,618 + 2,191 - 15,477 24,615

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 416 + 378 + 347 1

Seasonal credit 148 - 7 + 89 145

Extended credit 0 0 0 0

Float 985 - 89 + 656 905

Other F.R. assets 33,712 - 1,944 + 624 33,959

Gold stock 11,046 0 - 3 11,046

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

Treasury currency outstanding 30,909 + 14 + 3,124 30,909

Total factors supplying reserve funds 613,188 + 1,231 + 4,326 618,723

Currency in circulation* 576,148 + 2,316 + 2,874 579,884

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

Treasury cash holdings* 289 + 15 + 194 311

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

Treasury 5,175 - 104 - 165 4,413

Foreign 92 + 13 - 111 71

Service-related balances and adjustments (5) 6,600 - 347 - 562 6,600

Other 238 + 38 - 17 233

Other F.R. liabilities and capital 17,755 + 227 - 682 17,669

Total factors, other than reserve balances,

absorbing reserve funds 606,296 + 2,157 + 1,529 609,181

Reserve balances with F.R. Banks (6) 6,892 - 925 + 2,797 9,542

FEDERAL RESERVE

 November 24, 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 November 22, 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 $ 682,725 million, a change of $ - 5,152 million for the week. The total includes

$ 588,994 million of U.S. government securities and $ 93,731 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 $ 16,431 million (daily average over statement week) and $ 16,407 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,431 million (daily average) and $ 16,407 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,435 million (daily average)

and $ 218 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 $ 463 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 $ 6,212 million and adjustments of $ 389 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 22, 2000 Week ended

Nov 22, 2000 Nov 15, 2000 Nov 24, 1999
ASSETS

Gold certificate account 11,046 0 - 3

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

Coin 905 - 4 + 644

Loans 146 - 261 - 226

Acceptances 0 0 0

Repurchase agreements — triparty (1) 24,615 - 1,180 - 16,840

Federal agency obligations (2)

Bought outright 130 0 - 51

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 183,883 + 839 - 16,019

Notes (3) 237,245 + 1,224 + 23,979

Bonds (4) 92,685 + 3 + 11,324

Total bought outright (5) 513,813 + 2,065 + 19,284

Held under repurchase agreements 0 0 0

Total U.S. government securities 513,813 + 2,065 + 19,284

Total loans and securities 538,704 + 624 + 2,166

Items in process of collection (1,118) 8,472 + 550 + 268

Bank premises 1,443 + 1 + 95

Other assets (6) 32,522 + 451 + 738

 TOTAL ASSETS (1,118) 596,293 + 1,624 - 91

LIABILITIES

Federal Reserve notes 550,192 + 4,380 - 1,146

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 16,270 - 2,708 + 1,547

U.S. Treasury—general account 4,413 - 437 - 112

Foreign—official accounts 71 - 19 - 100

Other ( 0 ) 233 - 33 - 20

Total deposits ( 0 ) 20,987 - 3,196 + 1,314

Deferred availability cash items (1,118) 7,445 + 89 + 267

Other liabilities and accrued dividends (7) 4,368 + 4 - 215

TOTAL LIABILITIES (1,118) 582,992 + 1,276 + 221

CAPITAL ACCOUNTS

Capital paid in 7,030 + 42 + 656

Surplus 2,679 0 - 3,273

Other capital accounts 3,592 + 305 + 2,305

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Nov 24, 1999

Eliminations from

Consolidation Wednesday

Nov 22, 2000

Wednesday

Nov 15, 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 $ 365 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 $ 98 million of compensation

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

5 Net of $ 16,407 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 218 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, November 22, 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 $ 463 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 125 17,639 + 137 0 0 12,595 0

16 days to 90 days 21 112,587 + 3,764 0 0 12,020 0

91 days to 1 year 0 125,994 - 2,482 0 0 ——— ———

 Over 1 year to 5 years ——— 132,580 + 639 130 0 ——— ———

 Over 5 years to 10 years ——— 54,123 + 6 0 0 ——— ———

Over 10 years ——— 70,891 + 2 0 0 ——— ———

Total 146 513,813 + 2,065 130 0 24,615 0
 535

 167 34 4 0 0 7 0 10,556 13,620 5,321 29,497 0 29,497 29,508 470 94 1,534 + 1,303 33,646

Each Federal Reserve Bank on November 22, 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 $ 365 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 98 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 $ 218 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 3,200 905 146 0 24,615 130 0 183,883 237,245 92,685 513,813 0 513,813 538,704 9,590 1,443 32,522 0 597,411

 4,428 1,271 77 1 0 24,615 50 0 70,979 91,577 35,776 198,333 0 198,333 222,999 1,038 166 10,984 +10,244 251,207

 414 120 52 0 0 0 5 0 7,659 9,881 3,860 21,401 0 21,401 21,406 468 50 1,107 + 59 23,676

 520 151 57 0 0 0 7 0 10,290 13,277 5,187 28,754 0 28,754 28,761 475 155 1,904 + 1,476 33,498

 750 213 115 0 0 0 8 0 10,794 13,927 5,441 30,162 0 30,162 30,170 778 126 5,029 + 480 37,660

 802 242 100 3 0 0 9 0 12,240 15,792 6,169 34,201 0 34,201 34,212 853 235 2,121 + 2,251 40,816

 1,064 309 101 42 0 0 16 0 21,995 28,378 11,086 61,460 0 61,460 61,517 815 104 3,111 - 2,932 64,089

 359 103 45 30 0 0 5 0 6,985 9,012 3,521 19,518 0 19,518 19,553 475 33 952 - 1,220 20,301

 158 44 34 17 0 0 1 0 774 999 390 2,163 0 2,163 2,181 685 126 663 - 708 3,182

 340 96 67 41 0 0 4 0 6,128 7,906 3,089 17,123 0 17,123 17,168 626 49 938 - 934 18,350

 514 143 74 9 0 0 4 0 5,441 7,020 2,742 15,203 0 15,203 15,215 522 138 993 - 5,510 12,089

 1,162 341 150 0 0 0 14 0 20,041 25,857 10,102 56,000 0 56,000 56,014 2,384 167 3,187 - 4,509 58,897
Each Federal Reserve Bank on November 22, 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.

 550,192 0 16,270 4,413 71 233 20,987 8,564 4,368 584,111 7,030 2,679 3,592 597,411 757,512 207,320 550,192 11,046 3,200 0 535,946 550,192

 31,242 0 837 0 1 0 839 552 264 32,897 358 120 271 33,646 37,061 5,819 31,242

 235,416 0 5,449 4,413 47 138 10,046 990 1,482 247,934 1,496 552 1,225 251,207 302,749 67,332 235,416

 21,889 0 589 0 1 0 590 507 197 23,183 236 83 173 23,676 31,861 9,972 21,889

 30,967 0 853 0 2 4 858 523 251 32,600 497 185 217 33,498 36,752 5,785 30,967

 32,700 0 1,459 0 8 43 1,510 617 322 35,149 1,678 705 128 37,660 51,475 18,775 32,700

 37,895 0 731 0 2 2 735 892 336 39,858 493 192 273 40,816 61,115 23,220 37,895

 59,474 0 2,137 0 3 1 2,141 677 492 62,784 617 241 448 64,089 70,978 11,504 59,474

 19,230 0 335 0 1 1 337 254 180 20,001 138 66 96 20,301 23,443 4,212 19,230

 1,322 0 779 0 1 0 781 529 72 2,703 359 98 22 3,182 9,693 8,371 1,322

 16,647 0 634 0 1 34 669 488 169 17,974 178 75 124 18,350 21,767 5,120 16,647

 10,322 0 904 0 1 7 912 316 160 11,710 188 88 104 12,089 32,746 22,424 10,322

 53,088 0 1,563 0 3 3 1,569 2,219 443 57,318 791 275 512 58,897 77,874 24,786 53,088