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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 19, 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 18, 2001 Apr 11, 2001 Apr 19, 2000 Apr 18, 2001

Reserve Bank Credit                                         581,646    +   3,238    +  21,992      590,759
  U.S. government securities (1)                                                   
    Bought outright-system account (2,3)                    522,374    +     146    +  14,936      525,195
    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)                      22,220    +   2,973    +   5,596       29,264
  Acceptances                                                     0            0            0            0
  Loans to depository institutions
    Adjustment credit                                             4    -       1    -      51           11
    Seasonal credit                                              40    +       5    -      63           37
    Extended credit                                               0            0            0            0
   Float                                                        636    -     448    +     398         -251
   Other F.R. assets                                         36,362    +     562    +   1,306       36,494
Gold stock                                                   11,046            0    -       2       11,046
Special drawing rights certificate account                    2,200            0    -   3,571        2,200
Treasury currency outstanding                                32,042    +      14    +   2,774       32,042
        Total factors supplying reserve funds               626,934    +   3,252    +  21,192      636,047
                                                                   
Currency in circulation*                                    588,559    +     786    +  23,523      589,489
Reverse repurchase agreements -- triparty (4)                     0            0            0            0
Treasury cash holdings*                                         503    +      17    +     305          512
Deposits,other than reserve balances,with F.R.Banks                                        
  Treasury                                                    5,491    +     481    -   1,287        6,753
  Foreign                                                        79    +       4    -      12          107
  Service-related balances and adjustments (5)                6,785    -     111    +      10        6,785
  Other                                                         342    -      30    +      68          335
Other F.R. liabilities and capital                           17,953    +     363    -   1,316       17,677
        Total factors, other than reserve balances,                                        
        absorbing reserve funds                             619,711    +   1,509    +  21,290      621,657

Reserve balances with F.R. Banks  (6)                         7,222    +   1,742    -      99       14,390
                                                                
On     April 18, 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 $    713,867 million, a change of $  -   3,476 million for the week. The total includes
$    591,510 million of U.S. government securities and $    122,357 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 $     18,553 million (daily average over statement week) and $     17,053 million (outstanding on 
   Wednesday statement date) matched sale-purchase transactions, of which $     18,553 million (daily average)
   and $     17,053 million (outstanding on Wednesday statement date) were with foreign official and international
   accounts.  Includes securities loans of $        418 million (daily average) and $      1,433 million 
   (outstanding on Wednesday statement date) that are fully collateralized by other U.S. government securities.
3  Includes $      7,830 million of inflation-indexed securities valued at the original face amount and 
   $        652 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 $      6,483 million and adjustments of $        302 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 18, 2001     Apr 11, 2001     Apr 19, 2000
                ASSETS
Gold certificate account                                        11,046                0        -       2
Special drawing rights certificate account                       2,200                0        -   3,000
Coin                                                             1,137        -      11        +     606
Loans                                                               48        +       9        -     157
Acceptances                                                          0                0                0
Repurchase agreements -- triparty (1)                           29,264        +  10,514        +   5,489
Federal agency obligations (2)          
  Bought outright                                                   10                0        -     130
  Held under repurchase agreements                                   0                0                0
U.S. government securities (2)           
  Bought outright--Bills                                       182,037        -     363        -  19,215
                   Notes (3)                                   246,204        +   1,607        +  25,187
                   Bonds (4)                                    96,953        +      52        +  11,193
    Total bought outright (5)                                  525,195        +   1,296        +  17,166
  Held under repurchase agreements (1)                               0                0                0
     Total U.S. government securities                          525,195        +   1,296        +  17,166
       Total loans and securities                              554,517        +  11,819        +  22,368
                          
Items in process of collection                    (1,083)        9,264        -   2,006        +     181
Bank premises                                                    1,490                0        +     100
Other assets (6)                                                34,932        +     299        +   1,181
                TOTAL ASSETS                      (1,083)      614,587        +  10,103        +  21,435
                          
                LIABILITIES
Federal Reserve notes                                          559,095        +     211        +  21,859
Reverse repurchase agreements -- triparty (1)                        0                0                0
Deposits                     
  Depository institutions                                       21,756        +   7,798        -     507
  U.S. Treasury--general account                                 6,753        +   1,625        +   1,081
  Foreign--official accounts                                       107        +      34        -      30
    Other                                            (-1)          335        -      11        +      59
      Total deposits                                 (-1)       28,951        +   9,446        +     603
Deferred availability cash items                  (1,084)        8,864        +     481        +     257
Other liabilities and accrued dividends (7)                      3,583        -      91        -   1,270
                TOTAL LIABILITIES                 (1,083)      600,492        +  10,046        +  21,448
                          
                CAPITAL ACCOUNTS
Capital paid in                                                  7,046        +       3        +     299
Surplus                                                          6,332        +      29        -      99
Other capital accounts                                             716        +      24        -     213

*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 
   $        483 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
4  Includes $      2,216 million of inflation-indexed securities valued at the original face amount and 
   $        169 million of compensation that adjusts for the effects of inflation on the principal of such 
   securities.
5  Net of $     17,053 million matched sale-purchase transactions outstanding at the end of the latest 
   statement week.  Includes securities loans of $      1,433 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 18, 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              47       21,132   +   6,000            0           0       25,254           0
16 to 90 days                2      116,128   -   5,771            0           0        4,010           0
91 days to 1 year            0      121,421   -     592            0           0     ------      ------
Over 1 to 5 years                   136,354   +   1,602           10           0     ------      ------
Over 5 to 10 years                   55,612   +      54            0           0     ------      ------
Over 10 years                        74,547   +       2            0           0     ------      ------
                   		 	
Total                       48      525,195   +   1,296           10           0       29,264           0

1  Includes $      7,830 million of inflation-indexed securities valued at the original face amount and 
   $        652 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 18, 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        546      4,452        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                                           1,137         78         83         68         71        163         89        148         68         48         74        106        142
                       
Loans                                             48          0          0          0          0          0          0         11          5         15          2          0         15
Acceptances                                        0          0          0          0          0          0          0          0          0          0          0          0          0
Repurchase Agreements -- triparty(1)          29,264          0     29,264          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                     182,037     10,937     74,568      7,477     10,657     10,875     12,517     20,617      6,561        568      5,619      3,300     18,340
                   Notes (3)                 246,204     14,792    100,853     10,113     14,414     14,708     16,930     27,885      8,874        768      7,599      4,463     24,805
                   Bonds (4)                  96,953      5,825     39,715      3,982      5,676      5,792      6,667     10,981      3,495        302      2,992      1,758      9,768
     Total bought outright(5)                525,195     31,555    215,137     21,572     30,747     31,375     36,114     59,482     18,930      1,639     16,210      9,521     52,912
  Held under repurchase agreements                 0          0          0          0          0          0          0          0          0          0          0          0          0
     Total U.S. govt. securities             525,195     31,555    215,137     21,572     30,747     31,375     36,114     59,482     18,930      1,639     16,210      9,521     52,912
       Total loans and securities            554,517     31,555    244,405     21,573     30,748     31,376     36,115     59,495     18,935      1,654     16,213      9,521     52,928
                       
Items in process of collection                10,347        753      1,324        625        475        795        785        653        498        540        611        501      2,787
Bank premises                                  1,490         94        168         50        154        131        273        104         36        125         49        138        170
Other assets(5)                               34,932      1,820     12,606      1,250      2,070      4,764      2,301      3,309        938        660        948        782      3,484
Interdistrict settlement account                   0    + 2,078    - 6,098    -   150    - 1,117    + 8,146    - 1,689    +   872    -   377    + 3,701    -   249    -   768    - 4,349
          TOTAL ASSETS                       615,670     37,038    257,813     23,953     33,044     46,262     38,911     65,820     20,512      6,901     18,030     10,855     56,531

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  $        483 million 
   of compensation that adjusts for the effects of inflation on the principal of such  securities.
4  Includes $      2,216 million of inflation-indexed securities valued at the original face amount and  $        169 million 
   of compensation that adjusts for the effects of inflation on the principal of such securities.
5  Net of $     17,053 million matched sale-purchase transactions outstanding at the end of the latest statement week.  
   Includes securities loans of $      1,433 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 18, 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                         559,095     32,734    239,350     22,200     30,516     38,339     35,264     61,323     18,876      4,848     16,290      9,223     50,132
Reverse repurchase agreements--triparty(1)          0          0          0          0          0          0          0          0          0          0          0          0          0
Deposits                          
  Depository institutions                      21,756      2,528      5,975        482        921      3,750      1,348      1,969        843        942        709        543      1,747
  U.S. Treasury--general account                6,753          0      6,753          0          0          0          0          0          0          0          0          0          0
  Foreign--official accounts                      107          2         83          1          2          7          2          3          1          1          1          1          3
  Other                                           334          4        132          0          2        180          0          2          1          0          8          1          3
    Total deposits                             28,950      2,534     12,943        483        925      3,937      1,350      1,974        844        944        718        544      1,754
Deferred credit items                           9,947        680      1,084        626        459        741        982        683        327        571        504        633      2,659
Other liabilities and accrued                 
  dividends (2)                                 3,583        224      1,242        161        209        278        289        383        147         72        135        106        339
    TOTAL LIABILITIES                         601,575     36,172    254,619     23,470     32,108     43,295     37,884     64,362     20,195      6,435     17,647     10,506     54,884
                              
       CAPITAL ACCOUNTS                   
Capital paid in                                 7,046        416      1,450        229        432      1,681        493        697        149        371        183        150        795
Surplus                                         6,332        358      1,468        228        472      1,286        495        632        138         95        179        188        792
Other capital accounts                            716         92        276         26         32          0         38        130         31          0         21         10         60
     TOTAL LIABILITIES AND CAPITAL            
        ACCOUNTS                              615,670     37,038    257,813     23,953     33,044     46,262     38,911     65,820     20,512      6,901     18,030     10,855     56,531
                              
FEDERAL RESERVE AGENTS' ACCOUNTS              
                              
F.R. notes outstanding                        740,208     36,880    296,783     30,643     35,965     52,703     58,382     70,486     22,663      9,310     21,016     31,621     73,756
  Less--Held by F.R. Banks                    181,113      4,146     57,434      8,443      5,449     14,364     23,118      9,164      3,787      4,462      4,727     22,397     23,624
  F.R. notes, net                             559,095     32,734    239,350     22,200     30,516     38,339     35,264     61,323     18,876      4,848     16,290      9,223     50,132
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)        545,850
     Total collateral                         559,095

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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