The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks January 30, 2020 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Reserve Bank credit, related items, and reserve balances of depository institutions at Federal Reserve Banks Reserve Bank credit Securities held outright1 U.S. Treasury securities Bills2 Notes and bonds, nominal2 Notes and bonds, inflation-indexed2 Inflation compensation3 Federal agency debt securities2 Mortgage-backed securities4 Unamortized premiums on securities held outright5 Unamortized discounts on securities held outright5 Repurchase agreements6 Loans Primary credit Secondary credit Seasonal credit Other credit extensions Net portfolio holdings of Maiden Lane LLC7 Float Central bank liquidity swaps8 Other Federal Reserve assets9 Foreign currency denominated assets10 Gold stock Special drawing rights certificate account Treasury currency outstanding11 Week ended Jan 29, 2020 4,115,208 3,793,484 2,397,355 222,890 2,021,005 128,005 25,455 2,347 1,393,781 123,730 -13,294 182,311 6 6 0 0 0 0 -185 51 29,104 20,512 11,041 5,200 50,162 Averages of daily figures Change from week ended Jan 22, 2020 Jan 30, 2019 + + + + + - + - + 906 15,123 24,302 19,288 5,031 0 17 0 9,180 472 40 14,306 0 0 0 0 0 0 69 3 673 15 0 0 14 4,202,123 + 904 Total factors supplying reserve funds Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. + + + + + + + - Wednesday Jan 29, 2020 + 114,389 51,796 177,305 222,890 62,581 13,236 3,761 62 229,041 14,931 7 182,311 18 12 0 6 0 0 116 25 1,276 426 0 0 372 4,112,398 3,798,743 2,409,108 232,534 2,023,121 128,005 25,448 2,347 1,387,288 123,527 -13,306 175,125 34 34 0 0 0 0 -675 51 28,899 20,499 11,041 5,200 50,162 + 114,334 4,199,300 - + - H.4.1 1. Factors Affecting Reserve Balances of Depository Institutions (continued) Millions of dollars Reserve Bank credit, related items, and reserve balances of depository institutions at Federal Reserve Banks Week ended Jan 29, 2020 Averages of daily figures Change from week ended Jan 22, 2020 Jan 30, 2019 Currency in circulation11 Reverse repurchase agreements12 Foreign official and international accounts Others Treasury cash holdings Deposits with F.R. Banks, other than reserve balances Term deposits held by depository institutions U.S. Treasury, General Account Foreign official Other13 Other liabilities and capital14 1,792,238 235,623 233,736 1,887 208 513,106 0 432,061 5,180 75,864 44,606 + + Total factors, other than reserve balances, absorbing reserve funds Reserve balances with Federal Reserve Banks Note: Components may not sum to totals because of rounding. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. + + + + + 2,503 26,946 15,421 11,525 17 35,253 0 28,120 1 7,133 431 2,585,781 + 1,616,342 - Wednesday Jan 29, 2020 + + - 89,610 11,948 10,449 1,499 43 37,967 0 28,785 64 9,245 55 1,792,779 233,404 233,104 300 218 516,541 0 450,537 5,181 60,823 44,136 6,252 + 115,531 2,587,077 5,347 - 1,197 1,612,223 Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. Face value of the securities. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. Cash value of agreements. Refer to the note on consolidation accompanying table 5. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for depreciation. Revalued daily at current foreign currency exchange rates. Estimated. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. Includes the liability for earnings remittances due to the U.S. Treasury. Sources: Federal Reserve Banks and the U.S. Department of the Treasury. H.4.1 1A. Memorandum Items Millions of dollars Memorandum item Week ended Jan 29, 2020 Securities held in custody for foreign official and international accounts Marketable U.S. Treasury securities1 Federal agency debt and mortgage-backed securities2 Other securities3 Securities lent to dealers Overnight facility4 U.S. Treasury securities Federal agency debt securities Note: Components may not sum to totals because of rounding. 1. 2. 3. 4. Averages of daily figures Change from week ended Jan 22, 2020 Jan 30, 2019 3,434,373 2,985,484 365,207 83,681 28,698 28,698 28,698 0 + + + + + + + 21,252 15,901 5,301 49 391 391 391 0 + + + + + + Wednesday Jan 29, 2020 20,317 40,174 46,272 14,219 9,462 9,462 9,462 0 3,423,488 2,975,840 364,291 83,357 25,762 25,762 25,762 0 Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 4, and 5. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the securities. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value. Face value. Fully collateralized by U.S. Treasury securities. 2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, January 29, 2020 Millions of dollars Within 15 days Remaining Maturity Loans U.S. Treasury securities1 Holdings Weekly changes Federal agency debt securities2 Holdings Weekly changes Mortgage-backed securities3 Holdings Weekly changes Repurchase agreements4 Central bank liquidity swaps5 16 days to 90 days 34 + 28,266 4,607 0 + 135,202 8,573 0 0 0 0 175,125 51 2. 3. 4. 5. 0 + 0 0 - 233,404 Reverse repurchase agreements4 0 Term deposits Note: Components may not sum to totals because of rounding. ...Not applicable. 1. 91 days to 1 year 0 1 0 0 0 0 378,533 9,321 + 0 0 - 3 11 ... 0 ... 0 Over 1 year to 5 years Over 5 year to 10 years 0 0 908,219 5,600 - 0 0 - 1,149 86 ... 0 ... ... 315,598 7 Over 10 years ... - 1,151 0 - 70,876 2,242 ... 0 ... ... All 643,290 7 34 + 2,409,108 28,088 1,196 0 - 1,315,260 9,014 ... 0 ... ... 2,347 0 - 1,387,288 11,354 175,125 51 233,404 0 Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the original face value of such securities. Face value. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. Cash value of agreements. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. H.4.1 3. Supplemental Information on Mortgage-Backed Securities Millions of dollars Account name Wednesday Jan 29, 2020 Mortgage-backed securities held outright1 1,387,288 Commitments to buy mortgage-backed securities2 Commitments to sell mortgage-backed securities2 5,386 0 2 Cash and cash equivalents3 1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. 3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 4 and table 5. H.4.1 4. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Assets, liabilities, and capital Assets Gold certificate account Special drawing rights certificate account Coin Securities, unamortized premiums and discounts, repurchase agreements, and loans Securities held outright1 U.S. Treasury securities Bills2 Notes and bonds, nominal2 Notes and bonds, inflation-indexed2 Inflation compensation3 Federal agency debt securities2 Mortgage-backed securities4 Unamortized premiums on securities held outright5 Unamortized discounts on securities held outright5 Repurchase agreements6 Loans Net portfolio holdings of Maiden Lane LLC7 Items in process of collection Bank premises Central bank liquidity swaps8 Foreign currency denominated assets9 Other assets10 Eliminations from consolidation Wednesday Jan 29, 2020 11,037 5,200 1,767 (0) 4,084,123 3,798,743 2,409,108 232,534 2,023,121 128,005 25,448 2,347 1,387,288 123,527 -13,306 175,125 34 0 54 2,210 51 20,499 26,689 (0) 4,151,630 Total assets Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. Change since Wednesday Wednesday Jan 22, 2020 Jan 30, 2019 + + + + + + 0 0 23 - 0 0 34 + + + + + + + + 5,336 16,733 28,088 22,503 5,603 0 19 0 11,354 447 34 10,951 34 0 30 10 3 27 409 + - 114,611 45,486 189,096 232,534 60,465 13,236 3,792 62 234,521 15,011 17 175,125 0 0 39 3 26 452 2,111 + 5,718 + 111,952 + H.4.1 4. Consolidated Statement of Condition of All Federal Reserve Banks (continued) Millions of dollars Assets, liabilities, and capital Liabilities Federal Reserve notes, net of F.R. Bank holdings Reverse repurchase agreements11 Deposits Term deposits held by depository institutions Other deposits held by depository institutions U.S. Treasury, General Account Foreign official Other12 Deferred availability cash items Other liabilities and accrued dividends13 Total liabilities Capital accounts Capital paid in Surplus Other capital accounts Total capital Note: Components may not sum to totals because of rounding. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Eliminations from consolidation (0) (0) (0) (0) Wednesday Jan 29, 2020 Change since Wednesday Wednesday Jan 22, 2020 Jan 30, 2019 1,744,597 233,404 2,128,764 0 1,612,223 450,537 5,181 60,823 729 5,613 + + + + + + + + 1,952 31,953 38,677 0 2,629 38,829 1 2,782 487 460 + + + 89,020 15,832 39,599 0 3,083 39,153 61 2,576 455 237 4,113,108 + 5,718 + 112,570 31,697 6,825 0 - 1 0 0 - 618 0 0 38,522 - 1 - 618 Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. Face value of the securities. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Refer to the note on consolidation accompanying table 5. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. Revalued daily at current foreign currency exchange rates. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. Includes the liability for earnings remittances due to the U.S. Treasury. H.4.1 5. Statement of Condition of Each Federal Reserve Bank, January 29, 2020 Millions of dollars Assets, liabilities, and capital Assets Gold certificate account Special drawing rights certificate acct. Coin Securities, unamortized premiums and discounts, repurchase agreements, and loans Securities held outright1 U.S. Treasury securities Bills2 Notes and bonds3 Federal agency debt securities2 Mortgage-backed securities4 Unamortized premiums on securities held outright5 Unamortized discounts on securities held outright5 Repurchase agreements6 Loans Net portfolio holdings of Maiden Lane LLC7 Items in process of collection Bank premises Central bank liquidity swaps8 Foreign currency denominated assets9 Other assets10 Interdistrict settlement account Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 11,037 5,200 1,767 351 196 43 3,707 1,818 51 327 210 155 531 237 103 754 412 234 1,560 654 181 711 424 286 328 150 35 186 90 50 292 153 118 890 282 206 1,400 574 305 4,084,123 3,798,743 2,409,108 232,534 2,176,574 2,347 1,387,288 84,729 78,809 49,980 4,824 45,156 49 28,781 2,228,160 2,072,483 1,314,339 126,864 1,187,475 1,280 756,864 98,913 91,993 58,340 5,631 52,709 57 33,595 119,503 111,142 70,484 6,803 63,681 69 40,589 249,932 232,470 147,429 14,230 133,199 144 84,897 279,252 259,732 164,718 15,899 148,819 160 94,853 214,379 199,401 126,457 12,206 114,251 123 72,821 58,699 54,598 34,625 3,342 31,283 34 19,939 35,342 32,871 20,847 2,012 18,834 20 12,005 60,560 56,329 35,723 3,448 32,275 35 20,571 177,336 164,946 104,606 10,097 94,509 102 60,238 477,319 443,970 281,559 27,177 254,382 274 162,136 123,527 2,563 67,393 2,991 3,614 7,559 8,446 6,484 1,775 1,069 1,832 5,364 14,437 -13,306 175,125 34 -276 3,633 0 -7,259 95,543 0 -322 4,241 10 -389 5,124 13 -814 10,717 0 -910 11,974 10 -698 9,193 0 -191 2,517 0 -115 1,515 1 -197 2,597 0 -578 7,604 0 -1,555 20,467 0 0 54 2,210 51 0 0 106 2 0 0 466 16 0 0 92 3 0 0 117 4 0 0 191 11 0 53 203 3 0 0 194 2 0 0 102 1 0 0 93 0 0 0 228 0 0 0 223 1 0 0 196 7 20,499 26,689 0 + 883 570 5,630 - 1,636 792 1,359 - 4,370 1,849 6,327 + 6,507 14,031 32,247 - 1,184 640 14,819 + 4,151,630 92,509 2,222,508 86,705 124,282 Total assets Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 251,427 1,192 1,803 16,905 + 301,805 856 1,375 10,274 + 228,501 313 476 6,847 + 66,949 97 285 3,856 + 39,999 198 489 5,719 + 67,759 254 1,301 14,983 195,476 3,009 3,080 12,180 473,711 H.4.1 5. Statement of Condition of Each Federal Reserve Bank, January 29, 2020 (continued) Millions of dollars Assets, liabilities, and capital Liabilities Federal Reserve notes outstanding Less: Notes held by F.R. Banks Federal Reserve notes, net Reverse repurchase agreements11 Deposits Term deposits held by depository institutions Other deposits held by depository institutions U.S. Treasury, General Account Foreign official Other12 Deferred availability cash items Earnings remittances due to the U.S. Treasury13 Other liabilities and accrued dividends Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City San Francisco Dallas 1,957,987 213,391 1,744,597 233,404 2,128,764 60,861 6,175 54,686 4,842 30,965 641,620 50,753 590,867 127,339 1,488,950 57,527 9,018 48,509 5,652 30,957 93,843 10,301 83,541 6,829 30,409 134,320 17,319 117,002 14,284 111,385 273,952 33,385 240,567 15,959 42,942 126,650 13,550 113,099 12,252 101,280 59,460 5,485 53,975 3,355 8,843 32,067 2,959 29,109 2,020 7,739 54,152 7,264 46,888 3,461 16,823 164,114 20,405 143,709 10,135 40,914 259,421 36,777 222,644 27,279 217,557 0 0 0 0 0 0 0 0 0 0 0 0 0 1,612,223 450,537 5,181 60,823 729 30,957 0 2 7 0 1,014,034 450,537 5,154 19,224 0 30,955 0 2 0 0 30,376 0 3 30 0 111,007 0 9 370 0 42,875 0 2 65 49 60,295 0 2 40,984 0 8,840 0 1 2 0 7,684 0 0 54 680 16,795 0 0 28 0 40,855 0 0 59 0 217,550 0 6 1 0 1,042 14 546 24 30 98 86 54 9 4 9 55 115 4,571 172 1,860 176 182 528 292 320 136 147 172 205 381 4,113,108 90,680 2,209,562 85,318 120,990 243,297 299,894 227,005 66,318 39,698 67,353 195,018 467,975 31,697 6,825 0 1,505 324 0 10,653 2,294 0 1,141 246 0 2,709 583 0 6,690 1,441 0 1,572 338 0 1,231 265 0 520 112 0 248 53 0 334 72 0 377 81 0 4,720 1,016 0 4,151,630 92,509 2,222,508 86,705 124,282 Total liabilities and capital Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 251,427 301,805 228,501 66,949 39,999 67,759 195,476 473,711 Total liabilities Capital Capital paid in Surplus Other capital H.4.1 5. Statement of Condition of Each Federal Reserve Bank, January 29, 2020 (continued) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. Face value of the securities. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Refer to the note on consolidation below. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. Revalued daily at current foreign currency exchange rates. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $6.825 billion surplus. Note on consolidation: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and minimize disruption to financial markets. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 4), and the liabilities of ML to entities other than FRBNY, including those with recourse only to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 4). H.4.1 6. Collateral Held against Federal Reserve Notes: Federal Reserve Agents’ Accounts Millions of dollars Federal Reserve notes and collateral Federal Reserve notes outstanding Less: Notes held by F.R. Banks not subject to collateralization Federal Reserve notes to be collateralized Collateral held against Federal Reserve notes Gold certificate account Special drawing rights certificate account U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 Other assets pledged Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 Less: Face value of securities under reverse repurchase agreements U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged Note: Components may not sum to totals because of rounding. 1. 2. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. Wednesday Jan 29, 2020 1,957,987 213,391 1,744,597 1,744,597 11,037 5,200 1,728,360 0 3,973,868 229,718 3,744,150
@FedFRASER