Reserve Bank Credit 577,567 - 270 + 11,826 589,528

U.S. government securities (1)

Bought outright-system account (2,3) 516,988 + 700 + 19,410 518,441

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 130 0 - 49 130

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 22,429 - 1,799 - 6,392 33,000

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 79 + 75 - 38 4

Seasonal credit 23 - 3 - 4 24

Extended credit 0 0 0 0

Float 1,189 + 441 - 2,176 940

Other F.R. assets 36,730 + 316 + 1,093 36,989

Gold stock 11,046 0 - 2 11,046

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

Treasury currency outstanding 31,261 + 14 + 3,024 31,261

Total factors supplying reserve funds 622,074 - 256 + 10,848 634,035

Currency in circulation* 580,002 - 3,791 + 8,122 579,494

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

Treasury cash holdings* 445 - 11 + 320 451

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

Treasury 7,078 + 549 - 127 7,357

Foreign 85 - 21 + 2 69

Service-related balances and adjustments (5) 6,947 + 316 - 822 6,947

Other 267 + 68 + 30 262

Other F.R. liabilities and capital 18,248 - 17 - 243 17,937

Total factors, other than reserve balances,

absorbing reserve funds 613,072 - 2,908 + 7,282 612,516

Reserve balances with F.R. Banks (6) 9,002 + 2,651 + 3,566 21,519

FEDERAL RESERVE

 January 25, 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 24, 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 $ 693,117 million, a change of $ - 3,540 million for the week. The total includes

$ 585,653 million of U.S. government securities and $ 107,464 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 $ 15,924 million (daily average over statement week) and $ 15,520 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 15,924 million (daily average) and $ 15,520 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,945 million (daily average)

and $ 2,218 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 7,386 million of inflation-indexed securities valued at the original face amount and $ 555 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 $ 6,075 million and adjustments of $ 872 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 24, 2001 Week ended

Jan 24, 2001 Jan 17, 2001 Jan 26, 2000
ASSETS

Gold certificate account 11,046 0 - 2

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

Coin 1,028 + 41 + 703

Loans 28 + 3 - 170

Acceptances 0 0 0

Repurchase agreements — triparty (1) 33,000 + 10,480 + 7,895

Federal agency obligations (2)

Bought outright 130 0 - 45

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 184,510 + 500 - 12,601

Notes (3) 240,586 + 739 + 21,574

Bonds (4) 93,345 + 424 + 10,330

Total bought outright (5) 518,441 + 1,663 + 19,303

Held under repurchase agreements 0 0 0

Total U.S. government securities 518,441 + 1,663 + 19,303

Total loans and securities 551,598 + 12,145 + 26,981

Items in process of collection (1,084) 8,815 - 6,680 - 8,307

Bank premises 1,463 0 + 97

Other assets (6) 35,555 + 466 + 1,093

 TOTAL ASSETS (1,084) 611,706 + 5,972 + 16,566

LIABILITIES

Federal Reserve notes 549,711 - 3,618 + 7,904

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 28,678 + 15,054 + 9,184

U.S. Treasury—general account 7,357 - 622 - 1,423

Foreign—official accounts 69 - 34 - 12

Other ( 0 ) 262 - 21 + 25

Total deposits ( 0 ) 36,366 + 14,376 + 7,774

Deferred availability cash items (1,084) 7,692 - 4,787 + 1,313

Other liabilities and accrued dividends (7) 4,023 - 56 - 442

TOTAL LIABILITIES (1,084) 597,792 + 5,915 + 16,549

CAPITAL ACCOUNTS

Capital paid in 7,011 + 11 + 363

Surplus 6,298 + 108 - 134

Other capital accounts 605 - 62 - 213

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Jan 26, 2000

Eliminations from

Consolidation Wednesday

Jan 24, 2001

Wednesday

Jan 17, 2001

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

2 Face value of the securities.

3 Includes $ 5,552 million of inflation-indexed securities valued at the original face amount and $ 431 million of compensation

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

4 Includes $ 1,834 million of inflation-indexed securities valued at the original face amount and $ 124 million of compensation

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

5 Net of $ 15,520 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,218 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, January 24, 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 $ 7,386 million of inflation-indexed securities valued at the original face amount and $ 555 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 28 22,272 + 2,178 0 0 29,000 0

16 days to 90 days 0 111,129 - 1,309 0 0 4,000 0

91 days to 1 year 0 124,918 - 369 0 0 ——— ———

 Over 1 year to 5 years ——— 132,160 + 659 130 0 ——— ———

 Over 5 years to 10 years ——— 56,750 + 189 0 0 ——— ———

Over 10 years ——— 71,212 + 315 0 0 ——— ———

Total 28 518,441 + 1,663 130 0 33,000 0
 535

 115 59 2 0 0 7 0 10,592 13,812 5,359 29,763 0 29,763 29,773 489 94 1,703 + 2,335 35,103

 Each Federal Reserve Bank on January 24, 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 $ 431 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 124 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 $ 2,218 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 2,200 1,028 28 0 33,000 130 0 184,510 240,586 93,345 518,441 0 518,441 551,598 9,899 1,463 35,555 0 612,790

 4,428 874 73 0 0 33,000 50 0 71,221 92,867 36,031 200,119 0 200,119 233,169 1,080 166 12,076 + 7,805 259,672

 414 83 56 0 0 0 5 0 7,685 10,020 3,888 21,593 0 21,593 21,599 530 51 1,252 + 362 24,346

 520 104 70 0 0 0 7 0 10,325 13,463 5,224 29,013 0 29,013 29,020 357 154 2,092 + 827 33,143

 750 147 130 0 0 0 8 0 10,831 14,123 5,480 30,434 0 30,434 30,441 681 128 5,311 + 3,100 40,688

 802 166 99 0 0 0 9 0 12,281 16,014 6,213 34,509 0 34,509 34,517 816 251 2,313 + 1,254 40,219

 1,064 212 124 13 0 0 16 0 22,070 28,778 11,165 62,013 0 62,013 62,042 926 104 3,449 - 234 67,688

 359 71 53 2 0 0 5 0 7,009 9,139 3,546 19,694 0 19,694 19,701 509 35 1,055 - 1,280 20,504

 158 30 38 0 0 0 1 0 777 1,013 393 2,182 0 2,182 2,183 569 126 690 + 245 4,039

 340 66 71 9 0 0 4 0 6,149 8,017 3,111 17,277 0 17,277 17,290 501 49 1,032 - 1,406 17,943

 514 98 102 1 0 0 4 0 5,459 7,118 2,762 15,339 0 15,339 15,344 650 138 1,080 - 6,827 11,100

 1,162 234 152 0 0 0 14 0 20,110 26,221 10,174 56,504 0 56,504 56,519 2,791 167 3,501 - 6,181 58,344
 Each Federal Reserve Bank on January 24, 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.

 549,711 0 28,678 7,357 69 262 36,366 8,776 4,023 598,876 7,011 6,298 605 612,790 748,172 198,461 549,711 11,046 2,200 0 536,465 549,711

 31,712 0 1,778 0 1 0 1,779 606 244 34,343 368 358 34 35,103 37,087 5,375 31,712

 239,446 0 7,086 7,357 45 131 14,619 1,035 1,372 256,472 1,468 1,468 265 259,672 299,374 59,928 239,446

 22,223 0 841 0 1 3 844 616 182 23,866 228 228 25 24,346 31,554 9,330 22,223

 30,426 0 1,128 0 2 2 1,132 380 227 32,165 472 472 34 33,143 36,436 6,010 30,426

 33,443 0 3,199 0 8 111 3,318 759 279 37,799 1,679 1,210 0 40,688 50,861 17,418 33,443

 36,604 0 1,409 0 2 1 1,412 856 309 39,181 496 495 46 40,219 60,142 23,539 36,604

 59,740 0 5,482 0 3 2 5,486 668 455 66,350 633 632 73 67,688 70,606 10,865 59,740

 18,835 0 943 0 1 6 950 246 169 20,201 138 138 27 20,504 23,009 4,174 18,835

 1,591 0 1,345 0 1 0 1,346 528 69 3,533 369 137 0 4,039 9,487 7,896 1,591

 16,181 0 882 0 1 4 887 336 161 17,564 179 179 21 17,943 21,531 5,349 16,181

 8,303 0 1,828 0 1 1 1,830 423 150 10,706 188 188 17 11,100 32,012 23,708 8,303

 51,206 0 2,758 0 3 1 2,762 2,324 404 56,696 792 792 64 58,344 76,074 24,868 51,206