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`FEDERAL RESERVE
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 F.R. Banks
                                                                                              June 14, 2001
Millions of dollars
                                                                   Averages of daily figures
      Reserve balances of depository institutions at     Week ended   Change from week ended     Wednesday
 F.R. Banks, Reserve Bank credit, and related items     Jun 13, 2001  Jun 6, 2001 Jun 14, 2000 Jun 13, 2001

Reserve Bank Credit                                         585,192    -   2,561    +  27,891      589,460
  U.S. government securities (1)                                                   
    Bought outright-system account (2,3)                    531,105    +   3,165    +  23,577      531,874
    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)                      17,643    -   6,411    +   2,102       20,500
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                           268    +     148    +     241           29
    Seasonal credit                                             106    +      11    -     246          111
    Extended credit                                               0            0            0            0
   Float                                                        466            0    -     182        1,116
   Other F.R. assets                                         35,593    +     525    +   2,528       35,821
Gold stock                                                   11,045    -       1    -       3       11,044
Special drawing rights certificate account                    2,200            0    -   3,000        2,200
Treasury currency outstanding                                32,411    +      14    +   2,537       32,411
        Total factors supplying reserve funds               630,848    -   2,547    +  27,425      635,114
                                                                   
Currency in circulation*                                    594,096    -     944    +  25,595      595,202
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         481    -      25    +     400          466
Deposits,other than reserve balances,with F.R.Banks                                        
  Treasury                                                    4,878    +      82    -     354        4,729
  Foreign                                                        85    +       2    +       3           82
  Service-related balances and adjustments (5)                7,008    -      35    +     347        7,008
  Other                                                         311    -      21    +      74          288
Other F.R. liabilities and capital                           18,130    +     221    +   2,494       17,766
        Total factors, other than reserve balances,                                        
        absorbing reserve funds                             624,989    -     721    +  28,560      625,542

Reserve balances with F.R. Banks  (6)                         5,859    -   1,826    -   1,135        9,572
                                                                
On      June 13, 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 $    707,966 million, a change of $  -   1,733 million for the week. The total includes
$    577,406 million of U.S. government securities and $    130,559 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 $     17,281 million (daily average over statement week) and $     16,881 million (outstanding on 
   Wednesday statement date) matched sale-purchase transactions, of which $     17,281 million (daily average)
   and $     16,881 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $      2,502 million (daily average) and $      2,034 million 
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $      8,772 million of inflation-indexed securities valued at the original face amount and 
   $        777 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 $      6,778 million and adjustments of $        230 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.

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS
Millions of Dollars
                                                                                    Change Since
                                                  *          Wednesday        Wednesday        Wednesday
                                                           Jun 13, 2001      Jun 6, 2001     Jun 14, 2000
                ASSETS
Gold certificate account                                        11,044        -       2        -       4
Special drawing rights certificate account                       2,200                0        -   3,000
Coin                                                             1,105        +      31        +     444
Loans                                                              139        +      25        -     317
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           20,500        +   1,450        +   2,390
Federal agency obligations (2)          
  Bought outright                                                   10                0        -     130
  Held under repurchase agreements                                   0                0                0
U.S. government securities (2)           
  Bought outright--Bills                                       181,228        +   3,761        -  17,145
                   Notes (3)                                   251,425        +       6        +  27,792
                   Bonds (4)                                    99,221        +     983        +  13,831
    Total bought outright (5)                                  531,874        +   4,750        +  24,478
  Held under repurchase agreements (1)                               0                0                0
     Total U.S. government securities                          531,874        +   4,750        +  24,478
       Total loans and securities                              552,523        +   6,225        +  26,420
                          
Items in process of collection                      (982)        8,787        -   2,919        +     210
Bank premises                                                    1,507        +       3        +     105
Other assets (6)                                                34,141        +     534        +   2,267
                TOTAL ASSETS                        (982)      611,307        +   3,872        +  26,442
                          
                LIABILITIES
Federal Reserve notes                                          564,362        -     365        +  24,332
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits                     
  Depository institutions                                       16,594        +   6,335        -      29
  U.S. Treasury--general account                                 4,729        -   1,197        -     295
  Foreign--official accounts                                        82                0        -      25
    Other                                             (0)          288        -      39        +      41
      Total deposits                                  (0)       21,693        +   5,099        -     308
Deferred availability cash items                    (982)        7,485        -     962        -      10
Other liabilities and accrued dividends (7)                      3,388        +      18        -   1,456
                TOTAL LIABILITIES                   (982)      596,929        +   3,791        +  22,559
                          
                CAPITAL ACCOUNTS
Capital paid in                                                  7,064        +       3        +     208
Surplus                                                          6,617        +      33        +   3,938
Other capital accounts                                             696        +      43        -     264

*Figures in parentheses are the eliminations made in the consolidation process.
1  Cash value of agreements arranged through third-party custodial banks.
2  Face value of the securities.
3  Includes $      5,614 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.
4  Includes $      3,158 million of inflation-indexed securities valued at the original face amount and 
   $        260 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
5  Net of $     16,881 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes securities loans of $      2,034 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.
Components may not add to totals due to rounding.


MATURITY DISTRIBUTION OF LOANS AND SECURITIES,      June 13, 2001
Holdings of securities include securitites held under repurchase agreements, which are classified according 
to remaining maturity.

Millions of dollars
                                    U.S. government         Federal agency                      Reverse
                     Loans          securities (1,2)        obligations(2)        Repurchase   Repurchase
                                              Weekly                  Weekly      Agreements   Agreements
                                  Holdings    changes      Holdings    changes    Triparty(3)  Triparty(3)
Within 15 days              49       14,586   -   1,281            0           0       16,500           0
16 to 90 days               90      123,727   +   5,287            0           0        4,000           0
91 days to 1 year            0      120,639   -     244            0           0     ------      ------
Over 1 to 5 years                   139,659           0           10           0     ------      ------
Over 5 to 10 years                   57,516   +       5            0           0     ------      ------
Over 10 years                        75,747   +     983            0           0     ------      ------
                   		 	
Total                      139      531,874   +   4,750           10           0       20,500           0

1  Includes $      8,772 million of inflation-indexed securities valued at the original face amount and 
   $        777 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.


H.4.1 (b)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON      June 13, 2001
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS                        
Gold certificate account                      11,044        546      4,450        454        538        741        871      1,028        343        143        317        477      1,136
Special drawing rights certif. acct.           2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,105         80         66         61         69        178        106        129         62         42         72        110        129
                       
Loans                                            139          3          0          0          0          0         10         39         15         43         23          1          6
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          20,500          0     20,500          0          0          0          0          0          0          0          0          0          0
Federal agency obligations(2)      
  Bought outright                                 10          1          4          0          1          1          1          1          0          0          0          0          1
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
U.S. government securities(2)         
  Bought outright--Bills                     181,228     10,889     74,237      7,444     10,610     10,827     12,462     20,526      6,532        565      5,594      3,285     18,258
                   Notes (3)                 251,425     15,106    102,992     10,327     14,720     15,020     17,289     28,476      9,062        784      7,760      4,558     25,330
                   Bonds (4)                  99,221      5,961     40,644      4,075      5,809      5,928      6,823     11,238      3,576        310      3,062      1,799      9,996
     Total bought outright(5)                531,874     31,956    217,873     21,846     31,138     31,774     36,573     60,239     19,170      1,659     16,416      9,642     53,585
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             531,874     31,956    217,873     21,846     31,138     31,774     36,573     60,239     19,170      1,659     16,416      9,642     53,585
       Total loans and securities            552,523     31,959    238,377     21,847     31,139     31,775     36,584     60,279     19,186      1,702     16,440      9,643     53,592
                       
Items in process of collection                 9,769        594      1,076        553        265        757        781        761        450        616        699        664      2,552
Bank premises                                  1,507         93        167         50        153        131        286        106         37        125         50        137        171
Other assets(5)                               34,141      1,772     12,261      1,185      2,029      4,748      2,248      3,214        912        667        926        774      3,406
Interdistrict settlement account                   0    -   161    - 3,428    -   384    - 1,236    + 9,258    - 1,482    -   321    -   401    + 4,019    -   550    +   748    - 6,062
          TOTAL ASSETS                       612,288     34,998    253,843     23,849     33,061     47,734     39,561     65,408     20,662      7,344     18,020     12,651     55,157

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 $      5,614 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.
4  Includes $      3,158 million of inflation-indexed securities valued at the original face amount and  $        260 million 
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     16,881 million matched sale-purchase transactions outstanding at the end of the latest statement week.  
   Includes securities loans of $      2,034 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.


H.4.1 (c)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON      June 13, 2001
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES                         
Federal Reserve notes                         564,362     32,136    239,854     22,098     30,462     40,788     36,049     60,741     19,235      5,874     16,530     11,389     49,208
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      16,594      1,131      3,883        608      1,104      2,527      1,361      2,117        687        433        554        500      1,689
  U.S. Treasury--general account                4,729          0      4,729          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                       82          2         59          1          2          7          2          3          1          1          1          1          3
  Other                                           288          1        134          1          2        130          0          1          1          0          8          1         10
    Total deposits                             21,693      1,133      8,805        610      1,107      2,665      1,363      2,121        688        435        562        501      1,703
Deferred credit items                           8,467        652        873        518        379        733        843        679        288        489        412        307      2,295
Other liabilities and accrued                 
  dividends (2)                                 3,388        212      1,132        151        203        286        281        359        139         72        130        105        318
    TOTAL LIABILITIES                         597,911     34,132    250,664     23,377     32,151     44,472     38,536     63,899     20,350      6,870     17,634     12,303     53,524
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 7,064        417      1,458        222        404      1,695        496        724        148        375        184        152        791
Surplus                                         6,617        358      1,468        228        472      1,567        495        632        138        100        179        188        792
Other capital accounts                            696         91        254         22         34          0         34        153         26          0         24          9         49
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              612,288     34,998    253,843     23,849     33,061     47,734     39,561     65,408     20,662      7,344     18,020     12,651     55,157
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        736,154     36,286    294,737     30,148     35,601     54,299     58,651     69,529     22,529      9,194     20,536     31,598     73,046
  Less--Held by F.R. Banks                    171,792      4,151     54,883      8,050      5,139     13,511     22,602      8,788      3,295      3,320      4,006     20,209     23,838
  F.R. notes, net                             564,362     32,136    239,854     22,098     30,462     40,788     36,049     60,741     19,235      5,874     16,530     11,389     49,208
Collateral held against F.R. notes            
   Gold certificate account                    11,044
   Special drawing rights                 
     certificate account                        2,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        551,119
     Total collateral                         564,362

1  Cash value of agreements arranged through third-party custodial banks.  These agreements are collateralized 
   by U.S. government and federal 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.`

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