Reserve Bank Credit 653,477 - 4,095 + 54,875 656,621

U.S. government securities (1)

Bought outright-system account (2,3) 600,217 + 109 + 60,671 600,372

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) 13,321 - 4,072 - 7,348 16,000

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 15 + 9 + 8 93

Seasonal credit 181 + 2 - 4 192

Extended credit 0 0 0 0

Float -697 - 499 - 700 -984

Other F.R. assets 40,429 + 355 + 2,246 40,939

Gold stock 11,042 0 - 2 11,042

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

Treasury currency outstanding 34,011 + 14 + 1,192 34,011

Total factors supplying reserve funds 700,730 - 4,081 + 56,065 703,875

Currency in circulation* 660,808 - 63 + 54,039 661,747

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

Treasury cash holdings* 381 + 4 - 35 371

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

Treasury 4,896 - 129 - 177 5,191

Foreign 76 - 23 - 2 79

Service-related balances and adjustments (5) 10,155 - 55 + 2,702 10,155

Other 201 - 28 - 110 192

Other F.R. liabilities and capital 19,472 + 265 + 1,095 19,710

Total factors, other than reserve balances,

absorbing reserve funds 695,988 - 30 + 57,511 697,445

Reserve balances with F.R. Banks (6) 4,742 - 4,051 - 1,445 6,430

FEDERAL RESERVE

 August 15, 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 August 14, 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 $ 795,994 million, a change of $ + 1,977 million for the week. The total includes

$ 643,019 million of U.S. government securities and $ 152,975 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 $ 23,354 million (daily average over statement week) and $ 23,255 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 22,925 million (daily average) and $ 23,255 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,687 million (daily average)

and $ 1,381 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 $ 1,154 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 $ 9,919 million and adjustments of $ 236 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

Aug 14, 2002 Week ended

Aug 14, 2002 Aug 7, 2002 Aug 15, 2001
ASSETS

Gold certificate account 11,038 0 - 6

Special drawing rights certificate account 2,200 0 0

Coin 1,000 + 28 - 112

Loans 285 + 105 + 93

Acceptances 0 0 0

Repurchase agreements — triparty (1) 16,000 - 10,000 - 11,345

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 201,962 - 952 + 17,619

Notes (3) 292,699 + 1 + 38,306

Bonds (4) 105,710 0 + 4,699

Total bought outright (5) 600,372 - 950 + 60,626

Held under repurchase agreements 0 0 0

Total U.S. government securities 600,372 - 950 + 60,626

Total loans and securities 616,666 - 10,846 + 49,373

Items in process of collection (1,072) 6,619 - 942 - 677

Bank premises 1,521 + 2 + 11

Other assets (6) 39,338 + 767 + 5,617

 TOTAL ASSETS (1,072) 678,382 - 10,992 + 54,208

LIABILITIES

Federal Reserve notes 629,102 - 529 + 52,375

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 16,958 - 10,145 - 479

U.S. Treasury—general account 5,191 - 125 + 1,122

Foreign—official accounts 79 + 5 + 8

Other ( 0 ) 192 - 11 - 130

Total deposits ( 0 ) 22,420 - 10,276 + 521

Deferred availability cash items (1,072) 7,149 - 740 - 160

Other liabilities and accrued dividends (7) 2,400 + 23 - 662

TOTAL LIABILITIES (1,072) 661,072 - 11,521 + 52,075

CAPITAL ACCOUNTS

Capital paid in 8,287 + 3 + 1,127

Surplus 7,312 0 + 565

Other capital accounts 1,713 + 527 + 442

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Aug 15, 2001

Eliminations from

Consolidation Wednesday

Aug 14, 2002

Wednesday

 Aug 7, 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 $ 646 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 $ 508 million of compensation

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

5 Net of $ 23,255 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 1,381 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, August 14, 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 $ 1,154 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 144 23,099 + 1,759 0 0 13,000 0

16 days to 90 days 141 127,239 - 2,101 0 0 3,000 0

91 days to 1 year 0 142,343 - 610 0 0 ——— ———

 Over 1 year to 5 years ——— 172,050 0 10 0 ——— ———

 Over 5 years to 10 years ——— 54,007 + 1 0 0 ——— ———

Over 10 years ——— 81,633 + 1 0 0 ——— ———

Total 285 600,372 - 950 10 0 16,000 0
 533

 115 42 0 0 0 1 0 11,571 16,770 6,057 34,398 0 34,398 34,399 464 91 2,070 - 5,828 31,886

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on August 14, 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 $ 646 million of compensation that adjusts for the ef

principal of such securities.

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 508 million of compensation that adjusts for the e

principal of such securities.

5 Net of $ 23,255 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,38

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 1,000 285 0 16,000 10 0 201,962 292,699 105,710 600,372 0 600,372 616,666 7,691 1,521 39,338 0 679,455

 4,363 874 48 0 0 16,000 4 0 79,464 115,166 41,593 236,223 0 236,223 252,227 647 183 13,821 +22,375 294,537

 430 83 45 0 0 0 0 0 7,766 11,255 4,065 23,086 0 23,086 23,086 494 49 1,273 - 4,162 21,298

 522 104 54 90 0 0 1 0 11,143 16,150 5,833 33,125 0 33,125 33,216 214 152 2,630 - 6,122 30,770

 819 147 129 0 0 0 1 0 15,752 22,828 8,245 46,825 0 46,825 46,825 543 130 5,643 - 604 53,632

 926 166 128 7 0 0 1 0 14,381 20,841 7,527 42,749 0 42,749 42,757 654 279 2,657 - 1,401 46,167

 1,080 212 129 40 0 0 1 0 23,767 34,445 12,440 70,652 0 70,652 70,693 724 111 4,086 - 9,299 67,737

 346 71 61 38 0 0 0 0 7,181 10,408 3,759 21,348 0 21,348 21,386 362 43 1,059 - 2,292 21,036

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

Statement of Condition of Each Federal Reserve Bank on August 14, 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.

 629,102 0 16,958 5,191 79 192 22,420 8,222 2,400 662,144 8,287 7,312 1,713 679,455 747,418 118,316 629,102 11,038 2,200 0 615,864 629,102

 29,602 0 677 0 2 9 688 540 147 30,977 432 418 59 31,886 34,631 5,029 29,602

 277,372 0 6,296 5,191 55 129 11,671 768 754 290,566 1,852 1,504 615 294,537 311,753 34,381 277,372

 19,455 0 710 0 1 0 711 521 108 20,796 237 221 44 21,298 26,388 6,932 19,455

 28,086 0 748 0 3 1 752 362 137 29,336 688 665 81 30,770 32,519 4,433 28,086

 46,378 0 2,060 0 7 48 2,114 718 227 49,437 2,060 1,757 378 53,632 55,884 9,506 46,378

 43,025 0 1,042 0 2 0 1,044 833 201 45,102 473 535 57 46,167 59,056 16,031 43,025

 63,388 0 1,690 0 3 1 1,694 667 258 66,008 818 793 118 67,737 69,610 6,222 63,388

 19,823 0 414 0 1 2 416 263 107 20,610 201 149 75 21,036 23,181 3,358 19,823

 13,5  3    3 6  14,6 3 1 1 15,2 15,5 1,9 13,5