Reserve Bank Credit 660,583 - 1,859 + 51,242 659,377

U.S. government securities (1)

Bought outright-system account (2,3) 608,652 - 41 + 64,388 608,770

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) 12,036 - 2,035 - 14,668 10,000

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 355 + 352 + 278 7

Seasonal credit 67 - 31 + 28 62

Extended credit 0 0 0 0

Float 56 - 161 + 70 900

Other F.R. assets 39,407 + 57 + 1,146 39,628

Gold stock 11,042 0 - 3 11,042

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

Treasury currency outstanding 34,373 + 14 + 1,399 34,373

Total factors supplying reserve funds 708,199 - 1,845 + 52,639 706,993

Currency in circulation* 663,937 + 1,847 + 46,641 666,227

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

Treasury cash holdings* 395 - 5 - 41 386

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

Treasury 5,338 + 539 + 351 4,807

Foreign 116 - 41 + 20 72

Service-related balances and adjustments (5) 10,424 + 241 + 2,700 10,424

Other 245 + 40 - 35 243

Other F.R. liabilities and capital 19,855 + 204 + 1,801 19,571

Total factors, other than reserve balances,

absorbing reserve funds 700,311 + 2,825 + 51,438 701,730

Reserve balances with F.R. Banks (6) 7,888 - 4,670 + 1,201 5,263

FEDERAL RESERVE

 November 7, 2002

These data are scheduled for release each Thursday.

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 6, 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 $ 807,595 million, a change of $ + 764 million for the week. The total includes

$ 657,408 million of U.S. government securities and $ 150,187 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 $ 19,808 million (daily average over statement week) and $ 19,693 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,808 million (daily average) and $ 19,693 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 2,136 million (daily average)

and $ 2,718 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 12,242 million of inflation-indexed securities valued at the original face amount and $ 1,222 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 $ 10,056 million and adjustments of $ 368 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 6, 2002 Week ended

 Nov 6, 2002 Oct 30, 2002 Nov 7, 2001
ASSETS

Gold certificate account 11,038 0 - 7

Special drawing rights certificate account 2,200 0 0

Coin 1,079 0 - 37

Loans 69 - 19 - 28

Acceptances 0 0 0

Repurchase agreements — triparty (1) 10,000 - 10,500 - 17,925

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 206,739 + 98 + 22,781

Notes (3) 295,911 + 4 + 37,516

Bonds (4) 106,120 + 3 + 2,870

Total bought outright (5) 608,770 + 105 + 63,167

Held under repurchase agreements 0 0 0

Total U.S. government securities 608,770 + 105 + 63,167

Total loans and securities 618,848 - 10,415 + 45,213

Items in process of collection (1,897) 9,285 - 74 + 539

Bank premises 1,529 + 1 + 11

Other assets (6) 38,117 + 37 + 887

 TOTAL ASSETS (1,897) 682,097 - 10,450 + 46,607

LIABILITIES

Federal Reserve notes 633,315 + 2,150 + 45,184

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 15,669 - 12,951 + 60

U.S. Treasury—general account 4,807 - 581 - 376

Foreign—official accounts 72 - 166 - 52

Other ( 0 ) 243 + 37 - 35

Total deposits ( 0 ) 20,791 - 13,662 - 403

Deferred availability cash items (1,897) 8,420 + 1,073 + 77

Other liabilities and accrued dividends (7) 2,439 - 13 - 313

TOTAL LIABILITIES (1,897) 664,965 - 10,453 + 44,545

CAPITAL ACCOUNTS

Capital paid in 8,280 + 9 + 1,006

Surplus 7,312 0 + 570

Other capital accounts 1,540 - 6 + 486

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Nov 7, 2001

Eliminations from

Consolidation Wednesday

 Nov 6, 2002

Wednesday

Oct 30, 2002

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

2 Face value of the securities.

3 Includes $ 7,168 million of inflation-indexed securities valued at the original face amount and $ 685 million of compensation

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

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 536 million of compensation

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

5 Net of $ 19,693 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,718 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 6, 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 $ 12,242 million of inflation-indexed securities valued at the original face amount and $ 1,222 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 30 19,889 - 4,903 0 0 10,000 0

16 days to 90 days 38 136,133 + 6,460 0 0 0 0

91 days to 1 year 0 143,363 - 751 0 0 ——— ———

 Over 1 year to 5 years ——— 176,183 - 707 10 0 ——— ———

 Over 5 years to 10 years ——— 51,461 + 3 0 0 ——— ———

Over 10 years ——— 81,741 + 2 0 0 ——— ———

Total 69 608,770 + 105 10 0 10,000 0
 533

 115 48 0 0 0 1 0 11,845 16,954 6,080 34,879 0 34,879 34,880 610 91 1,998 - 7,317 30,959

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on November 6, 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 $ 7,168 million of inflation-indexed securities valued at the original face amount and $ 685 million of compensation that adjusts for the eff

principal of such securities.

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 536 million of compensation that adjusts for the ef

principal of such securities.

5 Net of $ 19,693 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,718 

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.

 11,038 2,200 1,079 69 0 10,000 10 0 206,739 295,911 106,120 608,770 0 608,770 618,848 11,182 1,529 38,117 0 683,994

 4,363 874 51 0 0 10,000 4 0 81,344 116,429 41,754 239,527 0 239,527 249,531 864 184 13,438 +38,383 307,688

 430 83 57 0 0 0 0 0 7,950 11,379 4,081 23,409 0 23,409 23,409 793 49 1,224 - 6,223 19,821

 522 104 49 0 0 0 1 0 11,407 16,327 5,855 33,589 0 33,589 33,589 498 152 2,551 - 5,874 31,591

 819 147 142 0 0 0 1 0 16,124 23,079 8,277 47,480 0 47,480 47,480 837 129 5,513 - 2,700 52,368

 926 166 131 7 0 0 1 0 14,721 21,070 7,556 43,347 0 43,347 43,354 1,160 279 2,563 - 4,969 43,610

 1,080 212 137 9 0 0 1 0 24,329 34,823 12,488 71,640 0 71,640 71,651 890 115 3,937 -15,393 62,629

 346 71 64 20 0 0 0 0 7,351 10,522 3,773 21,647 0 21,647 21,667 514 43 1,015 - 3,120 20,600

 1        3,2 4,6 1,6 9,5  9,5 9,5 5 1 6 + 4,2 15,3
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on November 6, 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.

 633,315 0 15,669 4,807 72 243 20,791 10,317 2,439 666,862 8,280 7,312 1,540 683,994 753,486 120,171 633,315 11,038 2,200 1,297 618,780 633,315

 28,327 0 964 0 2 11 977 608 146 30,058 434 418 48 30,959 33,722 5,395 28,327

 292,141 0 5,118 4,807 48 140 10,113 935 751 303,940 1,769 1,504 475 307,688 324,087 31,946 292,141

 17,748 0 701 0 1 1 703 770 107 19,328 238 221 34 19,821 26,036 8,289 17,748

 27,997 0 952 0 3 0 955 1,071 147 30,169 692 665 65 31,591 32,705 4,708 27,997

 45,647 0 1,457 0 7 82 1,546 713 255 48,161 2,069 1,757 381 52,368 55,470 9,824 45,647

 40,296 0 1,186 0 2 0 1,188 882 197 42,563 471 535 41 43,610 57,261 16,964 40,296

 58,281 0 1,556 0 3 4 1,563 766 259 60,870 848 793 118 62,629 66,682 8,401 58,281

 19,229 0 549 0 1 3 553 292 106 20,181 199 149 71 20,600 22,514 3,285 19,229

 13,6  3    3 6  14,7 3 1 1 15,3 15,3 1,7 13,6