Reserve Bank Credit 616,009 + 6,659 + 49,300 627,269

U.S. government securities (1)

Bought outright-system account (2,3) 546,037 + 1,773 + 33,701 547,300

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 10 0 - 120 10

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 31,004 + 4,300 + 13,577 37,755

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 90 + 13 + 52 1

Seasonal credit 31 - 8 - 124 28

Extended credit 0 0 0 0

Float 80 + 84 - 991 3,292

Other F.R. assets 38,757 + 496 + 3,205 38,882

Gold stock 11,045 0 - 1 11,045

Special drawing rights certificate account 2,200 0 - 1,000 2,200

Treasury currency outstanding 33,097 + 14 + 1,831 33,097

Total factors supplying reserve funds 662,351 + 6,673 + 50,130 673,611

Currency in circulation* 621,370 + 3,964 + 47,167 623,072

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

Treasury cash holdings* 438 + 2 + 164 437

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

Treasury 4,690 - 297 - 589 5,347

Foreign 149 + 53 + 70 471

Service-related balances and adjustments (5) 7,792 + 63 + 845 7,792

Other 256 - 24 + 56 262

Other F.R. liabilities and capital 17,967 - 87 + 439 17,604

Total factors, other than reserve balances,

absorbing reserve funds 652,663 + 3,676 + 48,152 654,984

Reserve balances with F.R. Banks (6) 9,688 + 2,996 + 1,979 18,626

FEDERAL RESERVE

 November 15, 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 November 14, 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 $ 736,368 million, a change of $ + 4,928 million for the week. The total includes

$ 599,220 million of U.S. government securities and $ 137,148 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 $ 19,243 million (daily average over statement week) and $ 18,225 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 19,243 million (daily average) and $ 18,225 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,732 million (daily average)

and $ 2,225 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 929 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 $ 7,487 million and adjustments of $ 305 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 14, 2001 Week ended

Nov 14, 2001 Nov 7, 2001 Nov 15, 2000
ASSETS

Gold certificate account 11,045 0 - 1

Special drawing rights certificate account 2,200 0 - 1,000

Coin 1,107 - 9 + 198

Loans 30 - 67 - 377

Acceptances 0 0 0

Repurchase agreements — triparty (1) 37,755 + 9,830 + 11,960

Federal agency obligations (2)

Bought outright 10 0 - 120

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 183,506 - 452 + 462

Notes (3) 260,540 + 2,145 + 24,519

Bonds (4) 103,254 + 4 + 10,572

Total bought outright (5) 547,300 + 1,697 + 35,552

Held under repurchase agreements 0 0 0

Total U.S. government securities 547,300 + 1,697 + 35,552

Total loans and securities 585,095 + 11,460 + 47,015

Items in process of collection ( 7 1 2 ) 14,671 + 5,925 + 6,749

Bank premises 1,518 0 + 76

Other assets (6) 37,632 + 402 + 5,561

 TOTAL ASSETS ( 7 1 2 ) 653,268 + 17,778 + 58,599

LIABILITIES

Federal Reserve notes 591,519 + 3,388 + 45,707

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 26,825 + 11,216 + 7,847

U.S. Treasury—general account 5,347 + 164 + 497

Foreign—official accounts 471 + 347 + 381

Other ( 1 ) 262 - 16 - 4

Total deposits ( 1 ) 32,904 + 11,710 + 8,721

Deferred availability cash items ( 7 1 1 ) 11,241 + 2,898 + 3,885

Other liabilities and accrued dividends (7) 2,744 - 8 - 1,620

TOTAL LIABILITIES ( 7 1 2 ) 638,409 + 17,989 + 56,693

CAPITAL ACCOUNTS

Capital paid in 7,277 + 3 + 289

Surplus 6,735 - 7 + 4,056

Other capital accounts 848 - 206 - 2,439

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Nov 15, 2000

Eliminations from

Consolidation Wednesday

Nov 14, 2001

Wednesday

 Nov 7, 2001

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

2 Face value of the securities.

3 Includes $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 570 million of compensation

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

4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 359 million of compensation

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

5 Net of $ 18,225 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 2,225 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 14, 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 $ 9,711 million of inflation-indexed securities valued at the original face amount and $ 929 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 8 22,735 + 6,650 0 0 26,755 0

16 days to 90 days 22 117,379 - 6,293 0 0 11,000 0

91 days to 1 year 0 129,352 + 600 0 0 ——— ———

 Over 1 year to 5 years ——— 147,808 + 730 10 0 ——— ———

 Over 5 years to 10 years ——— 50,214 + 5 0 0 ——— ———

Over 10 years ——— 79,811 + 5 0 0 ——— ———

Total 30 547,300 + 1,697 10 0 37,755 0
 546

 115 59 1 0 0 1 0 11,025 15,654 6,204 32,883 0 32,883 32,884 1,071 92 1,963 - 1,078 35,652

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on November 14, 2001Millions of dollars

Dallas San Francisco Kansas City Minneapolis Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia

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 securities.2 Face value of the securities.3 Includes $ 5,739 million of inflation-indexed securities valued at the original face amount and $ 570 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

4 Includes $ 3,972 million of inflation-indexed securities valued at the original face amount and $ 359 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 18,225 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 2,225 million that are fully

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.

 11,045 2,200 1,107 30 0 37,755 10 0 183,506 260,540 103,254 547,300 0 547,300 585,095 15,383 1,518 37,632 0 653,980

 4,451 874 69 0 0 37,755 4 0 75,170 106,726 42,296 224,192 0 224,192 261,951 2,149 174 13,750 -20,356 263,064

 454 83 44 0 0 0 0 0 7,537 10,701 4,241 22,480 0 22,480 22,480 784 49 1,317 - 2,101 23,111

 538 104 67 0 0 0 1 0 10,743 15,253 6,045 32,042 0 32,042 32,042 609 152 2,231 - 144 35,600

 741 147 175 0 0 0 1 0 10,963 15,565 6,168 32,696 0 32,696 32,697 1,184 133 4,976 +10,058 50,110

 871 166 129 4 0 0 1 0 12,618 17,916 7,100 37,634 0 37,634 37,639 1,310 285 2,486 + 3,176 46,062

 1,028 212 128 8 0 0 1 0 20,783 29,508 11,694 61,986 0 61,986 61,995 961 110 3,591 + 5,959 73,985

 343 71 60 4 0 0 0 0 6,614 9,391 3,722 19,726 0 19,726 19,731 853 41 1,029 + 959 23,088

 143 30 33 3 0 0 0 0 573 813 322 1,708 0 1,708 1,711 878 123 684 + 9,234 12,836

 317 66 68 7 0 0 0 0 5,664 8,042 3,187 16,893 0 16,893 16,899 958 49 1,030 - 471 18,917

 477 98 130 2 0 0 0 0 3,327 4,723 1,872 9,922 0 9,922 9,923 1,104 137 832 + 2,845 15,546

 1,136 234 145 1 0 0 1 0 18,488 26,249 10,403 55,139 0 55,139 55,141 3,522 172 3,742 - 8,082 56,010
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on November 14, 2001Millions of dollars

Dallas San Francisco Kansas City Minneapolis Total Boston Cleveland Richmond Atlanta Chicago St. Louis New York Philadelphia

 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 agreements under triparty

arrangements and excludes the par value of securities pledged under reverse repurchase agreements.

Components may not add to totals due to rounding.

 591,519 0 26,825 5,347 471 263 32,905 11,953 2,744 639,121 7,277 6,735 848 653,980 746,080 154,561 591,519 11,045 2,200 0 578,274 591,519

 31,137 0 2,664 0 2 11 2,677 806 169 34,789 421 358 84 35,652 36,130 4,992 31,137

 243,596 0 7,912 5,347 447 131 13,837 1,604 889 259,926 1,472 1,468 199 263,064 288,345 44,749 243,596

 21,471 0 480 0 1 0 481 568 126 22,646 222 228 14 23,111 28,852 7,380 21,471

 30,523 0 3,135 0 2 2 3,139 529 164 34,355 613 472 160 35,600 35,666 5,143 30,523

 43,999 0 1,324 0 7 106 1,438 934 239 46,609 1,757 1,679 65 50,110 55,729 11,730 43,999

 42,067 0 1,581 0 2 1 1,584 1,089 228 44,969 539 495 59 46,062 64,473 22,406 42,067

 68,482 0 2,787 0 3 1 2,791 864 288 72,424 774 632 155 73,985 75,957 7,475 68,482

 21,149 0 1,159 0 1 0 1,160 349 118 22,775 149 138 26 23,088 23,839 2,690 21,149

 10,930 0 737 0 1 96 835 720 66 12,551 179 106 0 12,836 13,392 2,461 10,930

 16,485 0 1,387 0 1 14 1,401 531 111 18,528 189 179 20 18,917 20,924 4,439 16,485

 13,726 0 793 0 1 4 799 572 94 15,191 163 188 4 15,546 33,019 19,293 13,726

 47,953 0 2,865 0 3 -105 2,764 3,386 253 54,357 799 792 63 56,010 69,755 21,802 47,953