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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
                                                                                              April 5, 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      Apr 4, 2001 Mar 28, 2001  Apr 5, 2000  Apr 4, 2001

Reserve Bank Credit                                         580,844    +   4,735    +  21,963      581,118
  U.S. government securities (1)                                                   
    Bought outright-system account (2,3)                    523,327    -     603    +  21,538      523,925
    Held under repurchase agreements                              0            0            0            0
  Federal agency obligations (1)                                                   
    Bought outright                                              10            0    -     140           10
    Held under repurchase agreements                              0            0            0            0
  Repurchase agreements -- triparty (4)                      21,484    +   5,558    -     637       21,500
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                            81    +      78    -      65          152
    Seasonal credit                                              18            0    -      70           25
    Extended credit                                               0            0            0            0
   Float                                                        182    +     131    -     119            8
   Other F.R. assets                                         35,743    -     428    +   1,457       35,497
Gold stock                                                   11,046            0    -       2       11,046
Special drawing rights certificate account                    2,200            0    -   4,000        2,200
Treasury currency outstanding                                32,014    +      14    +   3,011       32,014
        Total factors supplying reserve funds               626,104    +   4,749    +  20,971      626,378
                                                                   
Currency in circulation*                                    586,534    +   1,347    +  22,388      588,356
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         479    -      10    +     301          484
Deposits,other than reserve balances,with F.R.Banks                                        
  Treasury                                                    5,671    +   1,050    +     614        5,141
  Foreign                                                        92    -       6    -      10          150
  Service-related balances and adjustments (5)                6,758    +      48    -     308        6,758
  Other                                                         303    +       7    +      78          376
Other F.R. liabilities and capital                           17,554    -     771    -   2,101       17,241
        Total factors, other than reserve balances,                                        
        absorbing reserve funds                             617,391    +   1,664    +  20,962      618,506

Reserve balances with F.R. Banks  (6)                         8,713    +   3,084    +       9        7,872
                                                                
On      April 4, 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 $    727,494 million, a change of $  +   2,639 million for the week. The total includes
$    602,937 million of U.S. government securities and $    124,557 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 $     18,499 million (daily average over statement week) and $     18,381 million (outstanding on 
   Wednesday statement date) matched sale-purchase transactions, of which $     18,499 million (daily average)
   and $     18,381 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $        702 million (daily average) and $        641 million 
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $      7,386 million of inflation-indexed securities valued at the original face amount and 
   $        605 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 $      6,319 million and adjustments of $        439 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
                                                            Apr 4, 2001     Mar 28, 2001      Apr 5, 2000
                ASSETS
Gold certificate account                                        11,046                0        -       2
Special drawing rights certificate account                       2,200                0        -   4,000
Coin                                                             1,154        +       7        +     681
Loans                                                              178        +     162        -     380
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           21,500        +   6,000        -      55
Federal agency obligations (2)          
  Bought outright                                                   10                0        -     140
  Held under repurchase agreements                                   0                0                0
U.S. government securities (2)           
  Bought outright--Bills                                       184,182        -   1,151        -  12,440
                   Notes (3)                                   243,785        +     127        +  24,699
                   Bonds (4)                                    95,958        +       2        +  10,369
    Total bought outright (5)                                  523,925        -   1,021        +  22,627
  Held under repurchase agreements (1)                               0                0                0
     Total U.S. government securities                          523,925        -   1,021        +  22,627
       Total loans and securities                              545,612        +   5,140        +  22,052
                          
Items in process of collection                    (1,042)        9,270        +   2,589        +     463
Bank premises                                                    1,488        +       9        +     100
Other assets (6)                                                34,002        -     983        +     877
                TOTAL ASSETS                      (1,042)      604,772        +   6,762        +  20,169
                          
                LIABILITIES
Federal Reserve notes                                          557,979        +   1,907        +  20,452
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits                     
  Depository institutions                                       14,963        +   3,733        +   2,310
  U.S. Treasury--general account                                 5,141        +     377        -   1,299
  Foreign--official accounts                                       150        +       5        +      54
    Other                                             (0)          376        +     125        +     101
      Total deposits                                  (0)       20,630        +   4,241        +   1,167
Deferred availability cash items                  (1,042)        8,921        +   1,392        +     718
Other liabilities and accrued dividends (7)                      3,748        -      69        -   1,107
                TOTAL LIABILITIES                 (1,042)      591,279        +   7,471        +  21,230
                          
                CAPITAL ACCOUNTS
Capital paid in                                                  7,031        +       2        +     286
Surplus                                                          6,263        -     226        -     168
Other capital accounts                                             199        -     486        -   1,179

*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 $      5,552 million of inflation-indexed securities valued at the original face amount and 
   $        469 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Includes $      1,834 million of inflation-indexed securities valued at the original face amount and 
   $        136 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
5  Net of $     18,381 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes securities loans of $        641 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,      April 4, 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             156       16,330   -   4,370            0           0       15,500           0
16 to 90 days               21      121,145   +   4,146            0           0        6,000           0
91 days to 1 year            0      123,351   +     780            0           0     ------      ------
Over 1 to 5 years                   134,009   -   2,147           10           0     ------      ------
Over 5 to 10 years                   55,488   +     567            0           0     ------      ------
Over 10 years                        73,602   +       3            0           0     ------      ------
                   		 	
Total                      178      523,925   -   1,021           10           0       21,500           0

1  Includes $      7,386 million of inflation-indexed securities valued at the original face amount and 
   $        605 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      April 4, 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                      11,046        535      4,428        414        520        750        802      1,064        359        158        340        514      1,162
Special drawing rights certif. acct.           2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,154         78         81         68         73        163         96        150         70         47         77        106        146
                       
Loans                                            178         71          0          0          0          0         75         14          1         10          1          2          3
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          21,500          0     21,500          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                     184,182     10,574     71,095      7,671     10,307     10,812     12,260     22,031      6,997        775      6,138      5,450     20,074
                   Notes (3)                 243,785     13,995     94,102     10,154     13,642     14,311     16,227     29,160      9,261      1,026      8,124      7,213     26,570
                   Bonds (4)                  95,958      5,509     37,040      3,997      5,370      5,633      6,387     11,478      3,645        404      3,198      2,839     10,458
     Total bought outright(5)                523,925     30,078    202,236     21,822     29,319     30,756     34,874     62,669     19,902      2,206     17,460     15,502     57,102
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             523,925     30,078    202,236     21,822     29,319     30,756     34,874     62,669     19,902      2,206     17,460     15,502     57,102
       Total loans and securities            545,612     30,149    223,740     21,822     29,320     30,756     34,949     62,684     19,904      2,216     17,460     15,504     57,106
                       
Items in process of collection                10,312        758      1,182        575        436        822      1,018        672        628        509        614        355      2,743
Bank premises                                  1,488         94        167         50        154        129        273        104         36        125         49        137        169
Other assets(5)                               34,002      1,720     11,793      1,261      1,983      4,690      2,204      3,307        936        675        959        954      3,520
Interdistrict settlement account                   0    + 1,595    + 9,573    -   522    +   709    + 7,136    +    49    - 2,580    - 1,884    + 2,515    - 1,623    - 6,897    - 8,071
          TOTAL ASSETS                       605,814     35,044    251,836     23,752     33,299     44,593     39,557     65,614     20,121      6,275     17,942     10,771     57,010

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 $      5,552 million of inflation-indexed securities valued at the original face amount and  $        469 million 
   of compensation that adjusts for the effects of inflation on the principal of such  securities.
4  Includes $      1,834 million of inflation-indexed securities valued at the original face amount and  $        136 million 
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     18,381 million matched sale-purchase transactions outstanding at the end of the latest statement week.  
   Includes securities loans of $        641 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      April 4, 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                         557,979     32,431    238,865     22,167     30,473     37,638     35,754     61,001     18,795      4,930     16,328      9,311     50,286
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      14,963        734      2,138        440      1,225      2,724      1,425      2,046        580        274        571        640      2,166
  U.S. Treasury--general account                5,141          0      5,141          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                      150          2        126          1          2          7          2          3          1          1          1          1          3
  Other                                           376          6        138          0          1        192          3          6          1          1         10          1         18
    Total deposits                             20,630        742      7,543        441      1,228      2,923      1,430      2,055        582        276        581        641      2,188
Deferred credit items                           9,964        832      1,201        512        471        846      1,092        758        304        531        517        340      2,559
Other liabilities and accrued                 
  dividends (2)                                 3,748        224      1,243        168        220        282        292        417        157         71        149        138        387
    TOTAL LIABILITIES                         592,321     34,228    248,852     23,288     32,392     41,689     38,568     64,232     19,838      5,809     17,575     10,431     55,420
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 7,031        416      1,450        229        432      1,681        489        696        139        371        183        151        795
Surplus                                         6,263        358      1,468        228        472      1,224        495        632        138         96        179        188        785
Other capital accounts                            199         41         66          7          3          0          4         55          6          0          5          1         10
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              605,814     35,044    251,836     23,752     33,299     44,593     39,557     65,614     20,121      6,275     17,942     10,771     57,010
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        741,072     36,722    296,882     30,756     36,017     52,329     58,792     70,405     22,704      9,362     21,105     31,727     74,272
  Less--Held by F.R. Banks                    183,093      4,291     58,017      8,589      5,543     14,691     23,038      9,404      3,909      4,432      4,777     22,416     23,985
  F.R. notes, net                             557,979     32,431    238,865     22,167     30,473     37,638     35,754     61,001     18,795      4,930     16,328      9,311     50,286
Collateral held against F.R. notes            
   Gold certificate account                    11,046
   Special drawing rights                 
     certificate account                        2,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        544,733
     Total collateral                         557,979

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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