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`FEDERAL RESERVE
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
                                                                                            October 3, 2002
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      Oct 2, 2002 Sep 25, 2002  Oct 3, 2001  Oct 2, 2002

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
                                                                
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.

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS
Millions of Dollars
                                                                                    Change Since
                                                  *          Wednesday        Wednesday        Wednesday
                                                            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

*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 $      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.
Components may not add to totals due to rounding.


MATURITY DISTRIBUTION OF LOANS AND SECURITIES,    October 2, 2002



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

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.


H.4.1 (b)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON    October 2, 2002
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
         ASSETS                        
Gold certificate account                      11,038        533      4,363        430        522        819        926      1,080        346        179        309        485      1,046
Special drawing rights certif. acct.           2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,078         45         56         50         56        143        140        134         62         35         71        155        131
                       
Loans                                            157          0          0          0          0          1          8         36         29         43         20         10         10
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          17,250          0     17,250          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                     204,206     11,700     80,347      7,852     11,267     15,927     14,540     24,031      7,261      3,192      6,036      4,532     17,520
                   Notes (3)                 295,883     16,953    116,418     11,378     16,325     23,077     21,068     34,820     10,521      4,625      8,746      6,567     25,386
                   Bonds (4)                 106,100      6,079     41,746      4,080      5,854      8,275      7,555     12,486      3,773      1,659      3,136      2,355      9,103
     Total bought outright(5)                606,190     34,731    238,512     23,310     33,446     47,278     43,163     71,337     21,555      9,476     17,919     13,453     52,009
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             606,190     34,731    238,512     23,310     33,446     47,278     43,163     71,337     21,555      9,476     17,919     13,453     52,009
       Total loans and securities            623,607     34,732    255,766     23,310     33,447     47,280     43,172     71,374     21,585      9,520     17,939     13,463     52,019
                       
Items in process of collection                10,194        604        868        550        497        839        902        804        462        544        564        424      3,135
Bank premises                                  1,519         91        180         49        152        129        279        112         43        125         49        138        172
Other assets(6)                               36,762      1,917     12,901      1,236      2,466      5,378      2,462      3,778        966        624        961        805      3,269
Interdistrict settlement account                   0    - 5,642    +27,029    - 5,374    - 5,592    -   862    - 2,859    -12,224    - 2,534    + 4,420    - 1,923    +10,639    - 5,078
          TOTAL ASSETS                       686,397     32,395    302,037     20,334     31,652     53,874     45,189     65,269     21,000     15,476     18,036     26,208     54,927

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 $      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 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    October 2, 2002
Millions of dollars
                                                                                                                                                            Kansas                 San
                                               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco
       LIABILITIES                         
Federal Reserve notes                         629,265     28,628    284,507     18,426     28,152     46,254     41,611     60,504     19,302     13,653     15,801     24,432     47,995
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      22,033      2,052      6,810        842      1,462      2,250      1,372      1,961        792        528      1,145        829      1,991
  U.S. Treasury--general account                5,160          0      5,160          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                       77          2         53          1          3          7          2          3          1          1          1          1          3
  Other                                           248          5        136          0          0         98          1          0          4          0          1          0          1
    Total deposits                             27,518      2,059     12,159        843      1,465      2,356      1,375      1,964        797        528      1,147        830      1,995
Deferred credit items                          10,287        672        907        469        488        851        967        814        385        637        581        482      3,034
Other liabilities and accrued                 
  dividends (2)                                 2,407        146        749        107        139        246        195        256        105         81         97         92        194
    TOTAL LIABILITIES                         669,477     31,505    298,322     19,845     30,245     49,706     44,149     63,538     20,588     14,898     17,627     25,836     53,219
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 8,265        432      1,769        237        692      2,068        473        847        199        328        200        183        838
Surplus                                         7,312        418      1,504        221        665      1,757        535        793        149        118        191        164        796
Other capital accounts                          1,343         40        442         31         50        342         32         91         64        132         18         26         75
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              686,397     32,395    302,037     20,334     31,652     53,874     45,189     65,269     21,000     15,476     18,036     26,208     54,927
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        750,804     34,169    319,441     26,245     32,658     55,958     58,067     67,662     22,794     15,416     20,452     33,915     64,027
  Less--Held by F.R. Banks                    121,538      5,541     34,934      7,819      4,506      9,703     16,456      7,158      3,492      1,763      4,651      9,483     16,032
  F.R. notes, net                             629,265     28,628    284,507     18,426     28,152     46,254     41,611     60,504     19,302     13,653     15,801     24,432     47,995
Collateral held against F.R. notes            
   Gold certificate account                    11,038
   Special drawing rights                 
     certificate account                        2,200
   Other eligible assets                            0
   U.S. govt. and agency securities(3)        616,027
     Total collateral                         629,265

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.`

Statistical releases

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