Reserve Bank Credit 601,174 + 2,568 + 43,245 611,085

U.S. government securities (1)

Bought outright-system account (2,3) 540,821 + 1,275 + 31,054 540,778

Held under repurchase agreements 0 0 0 0

Federal agency obligations (1)

Bought outright 10 0 - 130 10

Held under repurchase agreements 0 0 0 0

Repurchase agreements — triparty (4) 24,553 + 3,884 + 11,272 34,265

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 10 + 3 - 4 23

Seasonal credit 164 - 21 - 401 147

Extended credit 0 0 0 0

Float -62 - 72 - 1,021 -91

Other F.R. assets 35,677 - 2,503 + 2,473 35,954

Gold stock 11,044 0 - 2 11,044

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

Treasury currency outstanding 32,768 + 14 + 2,297 32,768

Total factors supplying reserve funds 647,186 + 2,583 + 43,540 657,096

Currency in circulation* 607,231 + 528 + 38,164 608,965

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

Treasury cash holdings* 412 - 4 + 255 409

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

Treasury 5,313 + 240 + 489 5,115

Foreign 72 - 6 - 29 75

Service-related balances and adjustments (5) 7,486 + 33 + 665 7,486

Other 305 - 6 + 71 285

Other F.R. liabilities and capital 18,463 + 86 + 3,229 17,924

Total factors, other than reserve balances,

absorbing reserve funds 639,283 + 871 + 42,845 640,258

Reserve balances with F.R. Banks (6) 7,902 + 1,711 + 694 16,838

FEDERAL RESERVE

 August 23, 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 August 22, 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 $ 719,086 million, a change of $ + 2,335 million for the week. The total includes

$ 590,925 million of U.S. government securities and $ 128,160 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 $ 17,512 million (daily average over statement week) and $ 17,667 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 17,512 million (daily average) and $ 17,667 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,051 million (daily average)

and $ 890 million (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.

3 Includes $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 892 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 $ 7,142 million and adjustments of $ 344 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 22, 2001 Week ended

Aug 22, 2001 Aug 15, 2001 Aug 23, 2000
ASSETS

Gold certificate account 11,044 0 - 2

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

Coin 1,123 + 11 + 344

Loans 169 - 23 - 418

Acceptances 0 0 0

Repurchase agreements — triparty (1) 34,265 + 6,920 + 15,935

Federal agency obligations (2)

Bought outright 10 0 - 130

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 183,986 - 357 - 4,223

Notes (3) 255,779 + 1,386 + 23,462

Bonds (4) 101,013 + 2 + 10,876

Total bought outright (5) 540,778 + 1,032 + 30,114

Held under repurchase agreements 0 0 0

Total U.S. government securities 540,778 + 1,032 + 30,114

Total loans and securities 575,222 + 7,929 + 45,502

Items in process of collection (822) 6,841 - 455 - 136

Bank premises 1,512 + 2 + 91

Other assets (6) 34,274 + 553 + 2,265

 TOTAL ASSETS ( 8 2 2 ) 632,216 + 8,042 + 46,063

LIABILITIES

Federal Reserve notes 577,729 + 1,002 + 37,671

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 24,059 + 6,622 + 5,060

U.S. Treasury—general account 5,115 + 1,046 - 35

Foreign—official accounts 75 + 4 + 4

Other ( 0 ) 285 - 37 + 82

Total deposits ( 0 ) 29,534 + 7,635 + 5,111

Deferred availability cash items (822) 7,029 - 280 + 304

Other liabilities and accrued dividends (7) 3,068 + 6 - 1,261

TOTAL LIABILITIES ( 8 2 2 ) 617,359 + 8,362 + 41,825

CAPITAL ACCOUNTS

Capital paid in 7,169 + 9 + 271

Surplus 6,750 + 3 + 4,071

Other capital accounts 938 - 333 - 103

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

Aug 23, 2000

Eliminations from

Consolidation Wednesday

Aug 22, 2001

Wednesday

Aug 15, 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 $ 572 million of compensation

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

4 Includes $ 3,504 million of inflation-indexed securities valued at the original face amount and $ 320 million of compensation

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

5 Net of $ 17,667 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 890 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 22, 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 $ 9,243 million of inflation-indexed securities valued at the original face amount and $ 892 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 154 23,169 + 6,464 0 0 28,260 0

16 days to 90 days 15 111,370 - 2,597 0 0 6,005 0

91 days to 1 year 0 132,549 - 2,839 0 0 ——— ———

 Over 1 year to 5 years ——— 141,175 0 10 0 ——— ———

 Over 5 years to 10 years ——— 54,874 + 2 0 0 ——— ———

Over 10 years ——— 77,641 + 2 0 0 ——— ———

Total 169 540,778 + 1,032 10 0 34,265 0
 546

 115 64 0 0 0 1 0 11,054 15,368 6,069 32,491 0 32,491 32,492 537 93 1,769 - 265 35,350

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on August 22, 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 $ 572 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

4 Includes $ 3,504 million of inflation-indexed securities valued at the original face amount and $ 320 million of compensation that adjusts for the effects of inflation on the

principal of such securities.

5 Net of $ 17,667 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 890 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.

 11,044 2,200 1,123 169 0 34,265 10 0 183,986 255,779 101,013 540,778 0 540,778 575,222 7,663 1,512 34,274 0 633,038

 4,450 874 59 0 0 34,265 4 0 75,367 104,775 41,378 221,520 0 221,520 255,790 818 169 12,266 -10,414 264,011

 454 83 58 1 0 0 0 0 7,557 10,506 4,149 22,212 0 22,212 22,213 382 50 1,182 - 1,124 23,297

 538 104 70 0 0 0 1 0 10,771 14,975 5,914 31,660 0 31,660 31,660 367 153 2,032 - 1,909 33,015

 741 147 181 0 0 0 1 0 10,991 15,280 6,035 32,306 0 32,306 32,307 507 132 4,847 +12,135 50,997

 871 166 134 7 0 0 1 0 12,651 17,588 6,946 37,186 0 37,186 37,193 560 285 2,263 + 2,399 43,872

 1,028 212 138 38 0 0 1 0 20,838 28,969 11,441 61,247 0 61,247 61,287 524 107 3,207 + 2,110 68,614

 343 71 61 8 0 0 0 0 6,631 9,219 3,641 19,491 0 19,491 19,500 269 40 903 - 671 20,517

 143 30 35 64 0 0 0 0 574 798 315 1,687 0 1,687 1,752 581 124 686 + 4,119 7,469

 317 66 70 19 0 0 0 0 5,679 7,895 3,118 16,691 0 16,691 16,710 460 49 924 - 1,041 17,557

 477 98 113 4 0 0 0 0 3,335 4,637 1,831 9,803 0 9,803 9,807 315 137 776 + 1,734 13,457

 1,136 234 140 29 0 0 1 0 18,536 25,769 10,177 54,482 0 54,482 54,512 2,342 173 3,419 - 7,073 54,881
H.4.1 (c)

Statement of Condition of Each Federal Reserve Bank on August 22, 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.

 577,729 0 24,059 5,115 75 285 29,534 7,851 3,068 618,181 7,169 6,750 938 633,038 738,738 161,010 577,729 11,044 2,200 0 564,485 577,729

 31,638 0 2,138 0 2 3 2,143 513 188 34,482 417 358 93 35,350 36,008 4,371 31,638

 247,494 0 6,070 5,115 51 128 11,364 926 1,037 260,820 1,467 1,468 257 264,011 290,393 42,899 247,494

 21,848 0 431 0 1 0 432 406 138 22,824 221 228 24 23,297 29,463 7,615 21,848

 29,731 0 1,557 0 2 2 1,561 372 178 31,842 603 472 98 33,015 35,592 5,860 29,731

 42,894 0 3,657 0 7 133 3,797 603 251 47,545 1,701 1,679 72 50,997 55,498 12,604 42,894

 40,364 0 1,407 0 2 4 1,413 728 253 42,758 537 495 82 43,872 63,551 23,188 40,364

 63,678 0 2,481 0 3 1 2,485 593 326 67,082 736 632 164 68,614 71,974 8,296 63,678

 19,264 0 620 0 1 0 621 184 129 20,198 149 138 32 20,517 22,874 3,610 19,264

 6,056 0 496 0 1 0 497 556 65 7,174 174 121 0 7,469 9,057 3,000 6,056

 16,095 0 577 0 1 7 585 364 121 17,165 188 179 25 17,557 20,066 3,970 16,095

 11,970 0 697 0 1 1 699 326 98 13,093 162 188 13 13,457 32,329 20,359 11,970

 46,696 0 3,930 0 3 5 3,938 2,278 283 53,196 814 792 80 54,881 71,934 25,238 46,696