Reserve Bank Credit 557,914 - 927 + 30,113 564,418

U.S. government securities (1)

Bought outright-system account (2,3) 508,712 + 2,264 + 22,561 510,520

Held under repurchase agreements 0 0 - 2,186 0

Federal agency obligations (1)

Bought outright 140 0 - 109 140

Held under repurchase agreements 0 0 - 4,414 0

Repurchase agreements — triparty (4) 12,039 - 2,716 + 12,039 16,850

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 16 - 22 - 201 15

Seasonal credit 540 - 29 + 279 543

Extended credit 0 0 0 0

Float 931 - 414 + 995 596

Other F.R. assets 35,537 - 10 + 1,150 35,754

Gold stock 11,046 0 - 1 11,046

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

Treasury currency outstanding 29,811 + 14 + 2,620 29,811

Total factors supplying reserve funds 602,971 - 913 + 28,732 609,475

Currency in circulation* 569,161 + 751 + 33,270 570,369

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

Treasury cash holdings* 128 + 9 + 70 137

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

Treasury 4,791 - 315 - 309 4,907

Foreign 94 + 4 - 79 101

Service-related balances and adjustments (5) 6,689 + 136 - 424 6,689

Other 256 + 21 - 37 254

Other F.R. liabilities and capital 15,353 - 96 - 2,903 15,379

Total factors, other than reserve balances,

absorbing reserve funds 596,472 + 508 + 29,588 597,835

Reserve balances with F.R. Banks (6) 6,500 - 1,420 - 856 11,640

FEDERAL RESERVE

 August 10, 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 August 9, 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 $ 703,572 million, a change of $ - 86 million for the week. The total includes

$ 612,565 million of U.S. government securities and $ 91,007 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 $ 17,239 million (daily average over statement week) and $ 16,500 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 16,896 million (daily average) and $ 16,500 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 882 million (daily average)

and $ 595 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 5,792 million of inflation-indexed securities valued at the original face amount and $ 348 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 $ 6,258 million and adjustments of $ 431 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 9, 2000 Week ended

 Aug 9, 2000 Aug 2, 2000 Aug 11, 1999
ASSETS

Gold certificate account 11,046 0 - 1

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

Coin 751 + 6 + 451

Loans 559 - 47 - 1,055

Acceptances 0 0 0

Repurchase agreements — triparty (1) 16,850 + 4,860 + 16,850

Federal agency obligations (2)

Bought outright 140 0 - 109

Held under repurchase agreements 0 0 - 6,320

U.S. government securities (2)

Bought outright—Bills 190,954 + 43 - 7,856

Notes (3) 231,203 + 2,479 + 21,432

Bonds (4) 88,363 + 476 + 10,479

Total bought outright (5) 510,520 + 2,998 + 24,055

Held under repurchase agreements 0 0 - 5,660

Total U.S. government securities 510,520 + 2,998 + 18,395

Total loans and securities 528,068 + 7,811 + 27,760

Items in process of collection (909) 8,223 - 1,245 + 1,268

Bank premises 1,420 + 2 + 97

Other assets (6) 34,346 + 538 + 670

 TOTAL ASSETS ( 9 0 9 ) 588,054 + 7,112 + 26,246

LIABILITIES

Federal Reserve notes 541,446 + 537 + 31,003

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 18,668 + 6,587 - 1,949

U.S. Treasury—general account 4,907 + 193 - 520

Foreign—official accounts 101 + 27 - 64

Other ( 0 ) 254 - 9 - 211

Total deposits ( 0 ) 23,929 + 6,797 - 2,745

Deferred availability cash items (909) 7,300 - 748 + 439

Other liabilities and accrued dividends (7) 4,866 + 80 + 338

TOTAL LIABILITIES ( 9 0 9 ) 577,541 + 6,667 + 29,036

CAPITAL ACCOUNTS

Capital paid in 6,892 + 10 + 597

Surplus 2,654 + 39 - 3,298

Other capital accounts 967 + 397 - 89

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Aug 11, 1999

Eliminations from

Consolidation Wednesday

 Aug 9, 2000

Wednesday

 Aug 2, 2000

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

2 Face value of the securities.

3 Includes $ 4,254 million of inflation-indexed securities valued at the original face amount and $ 267 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 $ 81 million of compensation

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

5 Net of $ 16,500 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 595 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, August 9, 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 $ 5,792 million of inflation-indexed securities valued at the original face amount and $ 348 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 150 18,809 + 944 0 0 12,895 0

16 days to 90 days 409 108,204 - 753 10 0 3,955 0

91 days to 1 year 0 133,476 + 1,250 0 0 ——— ———

 Over 1 year to 5 years ——— 126,191 + 1,083 10 0 ——— ———

 Over 5 years to 10 years ——— 54,047 + 5 120 0 ——— ———

Over 10 years ——— 69,794 + 471 0 0 ——— ———

Total 559 510,520 + 2,998 140 0 16,850 0
 535

 219 17 0 0 0 8 0 10,962 13,273 5,073 29,308 0 29,308 29,316 509 94 1,643 + 2,090 34,423

f Each Federal Reserve Bank on August 9, 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 $ 267 million of compensation that adjusts for the effects of inflation on the

on-indexed securities valued at the original face amount and $ 81 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 $ 595 million that are fully

ent securities.

ign currencies, revalued monthly at market exchange rates.

to rounding.

 11,046 4,200 751 559 0 16,850 140 0 190,954 231,203 88,363 510,520 0 510,520 528,068 9,132 1,420 34,346 0 588,963

 4,428 1,668 68 3 0 16,850 54 0 73,709 89,245 34,108 197,062 0 197,062 213,969 1,342 163 11,559 +13,828 247,024

 414 158 50 0 0 0 6 0 7,953 9,630 3,680 21,263 0 21,263 21,269 365 50 1,181 - 597 22,891

 520 199 47 0 0 0 8 0 10,686 12,938 4,945 28,569 0 28,569 28,577 285 156 2,008 + 1,398 33,190

 750 280 101 0 0 0 8 0 11,209 13,572 5,187 29,969 0 29,969 29,977 604 125 5,093 - 96 36,833

 802 317 100 17 0 0 9 0 12,710 15,389 5,882 33,981 0 33,981 34,008 736 209 2,244 + 843 39,259

 1,064 405 95 132 0 0 17 0 22,841 27,655 10,570 61,066 0 61,066 61,214 891 105 3,339 - 5,735 61,379

 359 135 44 102 0 0 5 0 7,254 8,783 3,357 19,393 0 19,393 19,501 291 33 1,033 - 927 20,469

 158 58 26 161 0 0 1 0 804 973 372 2,149 0 2,149 2,310 518 127 665 - 943 2,919

 340 126 53 88 0 0 5 0 6,363 7,705 2,945 17,013 0 17,013 17,106 611 49 996 - 1,599 17,682

 514 187 73 16 0 0 4 0 5,650 6,841 2,614 15,105 0 15,105 15,126 511 144 1,193 - 4,214 13,534

 1,162 448 77 39 0 0 15 0 20,812 25,199 9,631 55,641 0 55,641 55,696 2,469 165 3,391 - 4,047 59,360
f Each Federal Reserve Bank on August 9, 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.

 541,446 0 18,668 4,907 101 254 23,930 8,209 4,866 578,450 6,892 2,654 967 588,963 768,797 227,351 541,446 11,046 4,200 0 526,200 541,446

 31,607 0 1,477 0 1 0 1,479 635 257 33,978 291 120 34 34,423 38,397 6,790 31,607

 229,915 0 6,916 4,907 77 139 12,038 1,078 1,511 244,542 1,500 552 431 247,024 309,081 79,167 229,915

 21,532 0 486 0 1 0 488 342 197 22,558 212 83 37 22,891 31,482 9,950 21,532

 30,920 0 1,036 0 2 2 1,040 294 255 32,509 454 185 42 33,190 37,680 6,760 30,920

 32,236 0 1,202 0 8 99 1,309 630 302 34,476 1,678 679 0 36,833 51,029 18,793 32,236

 36,218 0 1,106 0 2 0 1,108 850 331 38,508 490 192 70 39,259 60,065 23,846 36,218

 57,440 0 1,920 0 3 8 1,931 560 501 60,432 607 241 99 61,379 70,861 13,421 57,440

 19,165 0 645 0 1 2 648 220 186 20,218 161 66 25 20,469 24,163 4,998 19,165

 1,288 0 613 0 1 0 614 488 67 2,458 339 98 24 2,919 10,061 8,774 1,288

 16,375 0 497 0 1 2 500 359 171 17,405 181 75 22 17,682 22,211 5,837 16,375

 11,029 0 1,152 0 1 0 1,154 370 633 13,185 231 88 30 13,534 33,583 22,554 11,029

 53,723 0 1,617 0 3 1 1,621 2,384 454 58,182 749 275 154 59,360 80,183 26,461 53,723