Reserve Bank Credit 661,670 + 5,713 + 48,682 661,268

U.S. government securities (1)

Bought outright-system account (2,3) 605,400 + 158 + 70,885 606,190

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) 17,607 + 5,393 - 23,643 17,250

Acceptances 0 0 0 0

Loans to depository institutions

Adjustment credit 0 - 1 - 11 1

Seasonal credit 171 + 3 + 88 156

Extended credit 0 0 0 0

Float 77 + 3 + 648 -592

Other F.R. assets 38,404 + 158 + 713 38,254

Gold stock 11,042 0 - 3 11,042

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

Treasury currency outstanding 34,121 + 14 + 1,164 34,121

Total factors supplying reserve funds 709,034 + 5,728 + 49,844 708,632

Currency in circulation* 659,945 + 422 + 46,847 661,938

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

Treasury cash holdings* 379 + 7 - 43 376

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

Treasury 6,182 - 650 - 1,546 5,160

Foreign 87 + 7 - 532 77

Service-related balances and adjustments (5) 10,170 - 75 + 2,154 10,170

Other 224 - 10 - 11 248

Other F.R. liabilities and capital 19,482 + 59 + 1,627 19,327

Total factors, other than reserve balances,

absorbing reserve funds 696,470 - 239 + 48,497 697,295

Reserve balances with F.R. Banks (6) 12,564 + 5,966 + 1,347 11,337

FEDERAL RESERVE

 October 3, 2002

These data are scheduled for release each Thursday.

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 October 2, 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 $ 812,633 million, a change of $ + 8,198 million for the week. The total includes

$ 656,740 million of U.S. government securities and $ 155,894 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 $ 23,013 million (daily average over statement week) and $ 22,226 million (outstanding on Wednesday statement date)

matched sale-purchase transactions, of which $ 23,013 million (daily average) and $ 22,226 million (outstanding on Wednesday

statement date) were with foreign official and international accounts. Includes securities loans of $ 1,537 million (daily average)

and $ 1,396 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 $ 1,175 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 $ 9,938 million and adjustments of $ 232 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

 Oct 2, 2002 Week ended

 Oct 2, 2002 Sep 25, 2002 Oct 3, 2001
ASSETS

Gold certificate account 11,038 0 - 7

Special drawing rights certificate account 2,200 0 0

Coin 1,078 + 12 - 44

Loans 157 - 18 + 72

Acceptances 0 0 0

Repurchase agreements — triparty (1) 17,250 + 1,750 - 15,505

Federal agency obligations (2)

Bought outright 10 0 0

Held under repurchase agreements 0 0 0

U.S. government securities (2)

Bought outright—Bills 204,206 - 63 + 24,930

Notes (3) 295,883 + 2 + 39,326

Bonds (4) 106,100 + 2 + 4,099

Total bought outright (5) 606,190 - 58 + 68,356

Held under repurchase agreements 0 0 0

Total U.S. government securities 606,190 - 58 + 68,356

Total loans and securities 623,607 + 1,674 + 52,923

Items in process of collection (1,383) 8,811 + 1,953 - 1,263

Bank premises 1,519 - 3 + 10

Other assets (6) 36,762 - 200 + 929

 TOTAL ASSETS (1,383) 685,014 + 3,436 + 52,547

LIABILITIES

Federal Reserve notes 629,265 + 1,362 + 45,485

Reverse repurchase agreements — triparty (1) 0 0 0

Deposits

Depository institutions 22,033 + 2,078 + 6,655

U.S. Treasury—general account 5,160 - 2,049 - 812

Foreign—official accounts 77 + 2 - 532

Other ( 0 ) 248 + 16 - 35

Total deposits ( 0 ) 27,518 + 47 + 5,276

Deferred availability cash items (1,383) 8,904 + 1,977 + 122

Other liabilities and accrued dividends (7) 2,407 - 25 - 519

TOTAL LIABILITIES (1,383) 668,095 + 3,360 + 50,365

CAPITAL ACCOUNTS

Capital paid in 8,265 + 11 + 999

Surplus 7,312 0 + 567

Other capital accounts 1,343 + 65 + 618

H.4.1(a)

Consolidated Statement of Condition of all Federal Reserve Banks

Millions of dollars

Change Since

Wednesday

 Oct 3, 2001

Eliminations from

Consolidation Wednesday

 Oct 2, 2002

Wednesday

Sep 25, 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 $ 658 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 $ 517 million of compensation

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

5 Net of $ 22,226 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities

loans of $ 1,396 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, October 2, 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 $ 1,175 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 35 16,475 - 7,960 0 0 15,250 0

16 days to 90 days 122 133,435 + 7,660 0 0 2,000 0

91 days to 1 year 0 146,234 - 993 0 0 ——— ———

 Over 1 year to 5 years ——— 176,885 + 1,231 10 0 ——— ———

 Over 5 years to 10 years ——— 51,439 + 2 0 0 ——— ———

Over 10 years ——— 81,722 + 2 0 0 ——— ———

Total 157 606,190 - 58 10 0 17,250 0
 533

 115 45 0 0 0 1 0 11,700 16,953 6,079 34,731 0 34,731 34,732 604 91 1,917 - 5,642 32,395

H.4.1 (b)Statement of Condition of Each Federal Reserve Bank on October 2, 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 $ 658 million of compensation that adjusts for the eff

principal of such securities.

4 Includes $ 5,074 million of inflation-indexed securities valued at the original face amount and $ 517 million of compensation that adjusts for the ef

principal of such securities.

5 Net of $ 22,226 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes securities loans of $ 1,396 

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 1,078 157 0 17,250 10 0 204,206 295,883 106,100 606,190 0 606,190 623,607 10,194 1,519 36,762 0 686,397

 4,363 874 56 0 0 17,250 4 0 80,347 116,418 41,746 238,512 0 238,512 255,766 868 180 12,901 +27,029 302,037

 430 83 50 0 0 0 0 0 7,852 11,378 4,080 23,310 0 23,310 23,310 550 49 1,236 - 5,374 20,334

 522 104 56 0 0 0 1 0 11,267 16,325 5,854 33,446 0 33,446 33,447 497 152 2,466 - 5,592 31,652

 819 147 143 1 0 0 1 0 15,927 23,077 8,275 47,278 0 47,278 47,280 839 129 5,378 - 862 53,874

 926 166 140 8 0 0 1 0 14,540 21,068 7,555 43,163 0 43,163 43,172 902 279 2,462 - 2,859 45,189

 1,080 212 134 36 0 0 1 0 24,031 34,820 12,486 71,337 0 71,337 71,374 804 112 3,778 -12,224 65,269

 346 71 62 29 0 0 0 0 7,261 10,521 3,773 21,555 0 21,555 21,585 462 43 966 - 2,534 21,000

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

Statement of Condition of Each Federal Reserve Bank on October 2, 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.

 629,265 0 22,033 5,160 77 248 27,518 10,287 2,407 669,477 8,265 7,312 1,343 686,397 750,804 121,538 629,265 11,038 2,200 0 616,027 629,265

 28,628 0 2,052 0 2 5 2,059 672 146 31,505 432 418 40 32,395 34,169 5,541 28,628

 284,507 0 6,810 5,160 53 136 12,159 907 749 298,322 1,769 1,504 442 302,037 319,441 34,934 284,507

 18,426 0 842 0 1 0 843 469 107 19,845 237 221 31 20,334 26,245 7,819 18,426

 28,152 0 1,462 0 3 0 1,465 488 139 30,245 692 665 50 31,652 32,658 4,506 28,152

 46,254 0 2,250 0 7 98 2,356 851 246 49,706 2,068 1,757 342 53,874 55,958 9,703 46,254

 41,611 0 1,372 0 2 1 1,375 967 195 44,149 473 535 32 45,189 58,067 16,456 41,611

 60,504 0 1,961 0 3 0 1,964 814 256 63,538 847 793 91 65,269 67,662 7,158 60,504

 19,302 0 792 0 1 4 797 385 105 20,588 199 149 64 21,000 22,794 3,492 19,302

 13,6  5    5 6  14,8 3 1 1 15,4 15,4 1,7 13,6