The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
• of GOV,/ FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For immediate release September 25, 1981 Reserves of depository institutions, Reserve Bank credit, and related items Reserve Bank credit: U.S. government securitiesBought outright—system account Held under repurchase agreements Federal agency obligationsBought outright Held under repurchase agreements AcceptancesBought outright Held under repurchase agreements Loans to depository institutions Includes: seasonal borrowing of extended credit of Float Other F.R. assets Total Reserve Bank credit Gold stock Special Drawing Rights certificate account Treasury currency outstanding Currency in circulation* Treasury cash holdings* Treasury deposits with F.R. Banks Foreign deposits with F.R. Banks Other deposits with F.R. Banks Required clearing balances Other F.R. liabilities and capital Averages of daily figures (millions of dollars) Change from week ended Wednesday Week ended September 23, September 2 3 , September l b , 1 September 24, 1981 1981 1980 1981 2 1 124,255 + 1,003 -- -- 8,661 -- --- -_ -- --- 1,446 230 325 3,339 8,511 146,212 11,154 3,068 13,627 174,061 138,232 455 3,352 240 536 58 4.824 147,697 + + + + + + 97 25 38 482 157 777 ---- 777 1,139 + 2 + 355 30 54 + + 6 9 850 + 4,156 124,740 -~ - + + + + + + + + + + + + _ 121 8,661 -- -- --- --- 184 199 79 1,023 3,196 6,024 15 200 290 6,099 8,813 13 226 27 211 58 283 9,551 2,509 242 332 3,260 8,824 147,994 11,154 3,068 13,627 175,843 138,074 455 3,649 215 443 58 4,746 147,640 Reserve balances with F.R. Banks 3 / 26,364 3,453 + 1,627 28,203 Total vault cash 17,608 1,782 N/A 17,608 (a) Vault cash at institutions with required reserve balances 12,205 930 12,205 + 2,485 (b) Vault cash equal to required reserves at other institutions N/A 1,909 247 1,909 (c) Surplus vault cash at other institutions!/ N/A 3,494 605 3,494 N/A Reserve balances + total vault casli2*£/ 45,856 158 44,017 Reserve balances + total vault cash used to satisfy reserve 1,120 42,362 40,523 + 447 requirementsL'?./ 40,391 + 568 1,173 40,391 Required reserves 132 121 1,971 53 Excess reserve balances at F.R. Banks£/Z7 + On September 2 3 , 1981 , marketable U.S. Government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $ 9 1 , 6 7 4 million, a decrease of $ 1 , 1 7 6 million for the week. 1 Net of $ 2 , 379 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 2 , 0 6 0 million was with foreign official and international accounts. Includes securities loaned-fully secured by U.S. Government securities. 2 Net of $2,391 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 2,391 million was with foreign official and international accounts. Includes $ 313 million securities loaned—fully secured by U.S. Government securities. 3 Exclude required clearing balances. 4 Total vault cash at institutions without required reserve balances less vault cash equal to their required reserves. 5 Adjusted to include $ 45 million waivers of penalties for reserve deficiencies in accordance with Board policy effective November 19,1975. 6 Reserve balances with Federal Reserve Banks (which exclude required clearing balances) plus vault cash at institutions with required reserve balances plus vault cash equal to required reserves at other institutions. 7 Reserve balances with Federal Reserve Banks (which exclude required clearing balances) plus vault cash used to satisfy reserve requirements less required reserves. (This measure of excess reserves is comparable to the old excess reserve concept published historically.) •Estimated (Treasury's Figures). H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of dollars Change since Wednesday September 2 3 , 1981 ASSETS Gold certificate account Special Drawing Rights certif. acct. Coin Loans 11,154 3,068 390 2,509 September 16. 198ll + + September 24 r 1980 14 200 31 1,108 12 893 AcceptancesHeld under repurchase aggreements Federal agency abligations— Bought outright Held under repurchase agreements 1 U.S. government securities: Bought outright—Bills Notes Bonds Total bought outright 2 Held under repurchase agreements 1 Total U.S. government securities Total loans and securities Cash items in process of collection Bank premises Other assets 3 T O T A L ASSETS 8,661 47,340 59,429 17,971 124,7^0 (2,641) i( 2,641) LIABILITIES F e d e r a l Reserve notes Deposits: Depository i n s t i t u t i o n s U.S. Treasury—general account Foreign—official accounts Other Total deposits Deferred availability cash items Other liabilities and accrued dividends T O T A L LIABILITIES 121 ( ( 4 CAPITAL ACCOUNTS 1 ) (2,640 ) 1(2,641 ) Capital paid in Surplus Other capital accounts 1,635 124,740 135,910 9,891 487 8,337 169,237 4- 1,635 + + 1,635 2,528 2,024 2 250 768 + + + -- + + + + 2,138 ' 726 1,163 4,027 + + 4,027 2,798 827 38 3,239 5^008 + + + 125,292 1,150 8,216 28,261 3,649 215 443 32,568 6,631 3,405 1,932 2,759 276 4 253 2,234 422 80 166,423 742 1,257 1,203 354 27 + +_ + + + + 279 86 157 3,613 84 102 4,789 74 58 82 * F i g u r e s i n p a r e n t h e s e s a r e t h e e l i m i n a t i o n s made in t h e c o n s o l i d a t i n g p r o c e s s . 1 Does not i n c l u d e U.S. government and f e d e r a l agency s e c u r i t i e s r e s o l d under matched s a l e - p u r c h a s e t r a n s a c t i o n s to foreign o f f i c i a l and i n t e r n a t i o n a l a c c o u n t s , of which $ - 0 - m i l l i o n was o u t s t a n d i n g a t t h e end of t h e l a t e s t s t a t e m e n t week. 2 Net of $ 2,391 m i l l i o n matched s a l e - p u r c h a s e t r a n s a c t i o n s o u t s t a n d i n g a t the end of t h e l a t e s t s t a t e m e n t week. Includes $313 m i l l i o n s e c u r i t i e s loaned—fully secured by U.S. government s e c u r i t i e s . 3 Includes a s s e t s denominated in foreign c u r r e n c i e s , revalued monthly a t market exchange r a t e s . Includes s p e c i a l investment account a t Chicago of $ 75 m i l l i o n i n Treasury B i l l s maturing w i t h i n 90 days. 4 Includes e x c h a n g e - t r a n s l a t i o n account r e f l e c t i n g the monthly r e v a l u a t i o n a t market exchange r a t e s of f o r e i g n exchange commitments. MATURITY DISTRIBUTION OF LOANS AND SECURITIES September 2 3 , 1981 .L . •„ + Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. Loans Within 15 days 16 days to 90 days 91 days to 1 year Over 1 year to 5 years Over 5 years to 10 years Over 10 years Total 2,454 55 2,509 Acceptances U.S. government securities Holdings I Weekly changes" 5,136 24,562 32,602 34,718 11,519 16,203 124,740 + + 947 739 51 1,635 Federal agency obligations Holdings | Weekly changes 125 597 1,631 4,730 977 601 8,661 H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON September 23, 1981 Millions of dollars Total ASSETS Gold certificate account Special Drawing Rights certif. acct. Coin Loans Acceptances held under repurchase agreements Federal agency obligations: Bought outright Held under repurchase agreements U.S. government securities: Bought outright-Bills 1 Notes Bonds Total bought outright 2 Held under repurchase agreements 1 Total U.S. government securities Total loans and securities Cash items in process of collection Bank premises Other assets 3 Interdistrict settlement account TOTAL ASSETS Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 11,154 3,068 817 153 3,163 879 531 130 805 234 947 266 436 91 1,571 480 450 119 189 45 534 142 628 178 1,083 351 390 2,509 23 13 23 1,675 16 44 46 9 43 108 51 101 17 172 26 59 13 46 31 194 29 50 72 38 -- -- 8,661 369 — 2,521 -- -- -- -- -- -- -- -- -. -- 310 629 691 275 1,322 321 130 396 542 1,155 -- -- -- -- -- -- -- -- -- -- 47,340 2,015 13,782 1,694 3,437 3,780 1,505 7,227 1,754 708 2,165 2,962 6,311 59,429 17,971 2,530 765 17,301 5,232 2,127 643 4,314 1,305 4,744 1,435 1,888 571 9,073 2,743 2,203 666 889 269 2,718 822 3,718 1,124 7,924 2,396 124,740 5,310 36,315 4,464 9,056 9,959 3,964 19,043 4,623 1 ,866 5,705 7,804 16,631 -- -- -- -- -- -- -- -- -- -- -- -- 124,740 __ 5,310 36,315 4,464 9,056 9,959 3,964 19,043 4,623 F,866 5,705 5,692 135,910 12,532 518 I 487 98 8,337 261 -0- 125 1 171,878 "1 7,437 40,511 1,342 21 2,185 + 2,518 4,818 487 52 344 - 566 4,340 1,533 36 511 - 841 n,Ti7 5,003 797 14 251 - 470 5.812 10,758 2,425 97 478 -1- 421 n.43^ 20,537 1,060 17 1,238 - 1,365 5Q.$42 9,694 627 26 669 -1,055 11.046 23.555 6.190 2 042 576 28 209 - 334 6,295 1,355 22 349 + 180 HtqrT3 — z .768 7,804 -. 16,631 8,396 17,824 1,214 598 14 62 600 1,242 + 848 + 789 1T^qn7 ~ ?7,n?i .~ 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ - 0 - million was outstanding at the end of the latest statement week. 2 Net of $ 2,391 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 313 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes s p e c i a l investment account at Chicago o f $75 m i l l i o n i n Treasury B i l l s maturing w i t h i n 90 days. H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON Millions of dollars Total LIABILITIES Federal Reserve notes Deposits: Depository I n s t i t u t i o n s U.S. Treasury -general account Foreign—official accounts Other Total deposits Deferred availability cash items Other liabilities and accrued dividends * / TOTAL LIABILITIES CAPITAL ACCOUNTS Capital paid in Surplus Other Capital accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding Less - Held by F.R. Banks F.rt. Notes, Net Collateral held against F.R. notes: Gold certificate account Special Drawing Rights certif. acct. Other e l i g i b l e assets U.S. govt, and agency securities Total collateral September 23, 1981 Kansas City Dallas San Francisco 1,384 743 6,217 1,275 7,996 2,654 14,107 6,827 8 751 495 11 2 1,288 1,167 16 1 2,671 825 41 4 6,872 274 90 6,105 39 2,669 111 8,783 234 11,726 328 21,581 180 177 51 37 36 12 47 38 14 56 52 17 81 74 26 200 194 46 6,157 23,555 6,190 2,768 8,908 11,907 22,021 12,677 1,226 11,451 5,418 2,856 2,562 21,186 1,780 19,406 5,648 1,076 4,572 2,074 690 1,384 7,758 1,541 6,217 9,845 1,849 7,996 16,472 2,365 14,107 805 234 947 266 436 91 1,571 480 450 119 189 45 534 142 628 178 1,083 351 7,886 8,925 10,238 11,451 2,035 2,562 17,355 19,406 4,003 4,572 1,150 1,384 5,541 6,217 7,190 7,996 12,673 14,107 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis 125,292 28,261 3,649 215 444 32,569 9,271 6,289 665 4,759 521 8,925 1,262 11,451 1,303 2,562 2,204 19,406 2,695 4,572 733 10 672 293 37,624 7,379 3,649 24 256 11,308 916 531 329 20 1 1,283 446 13 30 1,346 2,287 19 2 2,225 1,050 38 79 2,812 556 8 69 810 633 1,932 169,064 104 7,358 73 49,921 89 5,708 178 10,832 196 15,280 117 5,954 373 23,147 1,257 1,203 354 33 33 13 '317 306 98 47 46 11 96 95 23 66 62 27 97 90 16 171,878 7,437 50,642 5,812 11,046 15,435 149,600 24,308 125,292 7,516 1,227 6,289 43,331 5,707 37,624 7,646 2,887 4,759 10,029 1,104 8,925 11,154 3,068 817 153 3,163 879 531 130 111,070 125,292 5,319 6,289 33,582 37,624 4,098 4,759 7 1 includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments. Minneapolis
@FedFRASER