US Data: H.4.1 - Factors Affecting Reserve Bals of Dep Insts

Release for week ended: December 27, 2017

Source: Federal Reserve H.4.1

Amounts in millions of U.S. dollars

Calculations by MNI

--------------------------------------------------------------------------------

                                            Daily

                                         average:

Reserve Bank credit, related items       Wk ended  Chg from  Wednesday

and reserve balances                       Dec 27    Dec 20     Dec 27

Reserve Bank credit:                    4,417,716     9,424  4,408,906

Securities held outright                4,231,118    -2,891  4,223,535

US Treasury (1)                         2,454,224       -20  2,454,219

Bills (2)                                       0         0          0

Notes and bonds, nominal (2)            2,324,404         0  2,324,404

Notes and bonds, infl-index (2)           110,134         0    110,134

Inflation compensation (3)                 19,686       -20     19,680

Federal agency (2)                          4,391         0      4,391

Mortgage-based securities               1,772,503    -2,871  1,764,926

Unamortized premiums on outright

sec                                       159,236      -459    158,921

Unamortized discounts on outright

sec                                       -14,132        34    -14,121

Repurchase agreements (4)                       0         0          0

Other loans to institutions                    62       -48        141

Primary credit                                 30       -47        108

Secondary credit                                0         0          0

Seasonal credit                                33         0         33

Other credit extensions                         0         0          0

Net portfolio holdings of Maiden

Lane (5)                                    1,712         0      1,712

Float                                        -179        36       -334

Central Bank liquidity swaps (13)           12008     11951      12008

Other Federal Reserve assets               27,890       801     27,044

Foreign currency denominated assets        21,179        19     21,229

Gold stock                                 11,041         0     11,041

S.D.R. certificate account                  5,200         0      5,200

Treasury currency outstanding (6)          49,360        14     49,360

Total factors supplying

reserve funds                           4,504,495     9,457  4,495,736

Currency in circulation (6)             1,612,112     8,098  1,616,323

Reverse repo agreements (7)               355,018    26,391    386,791

Foreign official, intl accounts           235,076     7,275    239,042

Others                                    119,942    19,116    147,749

Treasury cash holdings                        194       -10        214

Deposits with Fed other than

reserves                                  287,888    43,614    268,636

Term Deposits Held By Institutions              0         0          0

U.S. Treasury, general account            190,283    34,671    186,486

Foreign official                            5,253       -44      5,254

Other                                      92,352     8,987     76,897

Other liabilities and capital (8)          47,859      -897     47,319

Total factors, other than reserve

balances, absorbing reserve funds       2,303,070    77,196  2,319,283

Reserve balances with

Federal Reserve banks (7)               2,201,425   -67,739  2,176,452

                                            Daily

                                         average:

                                         Wk ended  Chg from  Wednesday  Chg from

                                           Dec 27    Dec 20     Dec 27    Dec 20

Mktable securities held in custody

for foreign offl and intl accounts      3,361,999   -10,658  3,361,720    -3,886

Total includes:

U.S. Treasury                           3,021,289    -9,690  3,021,419    -3,379

Federal Agency                            262,766      -840    262,408      -332

Other Securities (14)                      77,944      -128     77,893      -175

Securities Lent To Dealers                 23,507     1,872     22,804    -1,606

Overnight Facility (9)                     23,507     1,872     22,804    -1,606

U.S. Treasury Seucrities                   23,507     1,872     22,804    -1,606

Agency Debt Securities                          0         0          0         0

                                        Wednesday  Chg from  Wednesday

                                           Dec 27    Dec 20     Dec 20

Mortgage-backed Securities Held

Outright                                1,764,926   -10,525  1,775,451

Commitments to buy MBS                     18,733     1,586     17,147

Commitments to sell MBS                         0         0          0

Maiden Lane Net Portfolio Holdings          1,712         0      1,712

     (1) Including securities lent to dealers under the overnight

and term securities lending facilities.

(2) Face value of the securities.

(3) Compensation that adjusts for effects of inflation on the original face

value of inflation-indexed securities.

(4) Cash value of agreements collateralized by U.S. government and federal

agency securities.

(5) Fair value.

(6) Estimated.

(7) Cash value of agreements collateralized by U.S. Treasury securities.

(8) Includes the liability for earnings remittances due to the U.S. Treasury.

(9)Fully collateralized by other U.S. Treasury Securities

(10)Fully collateralized by other U.S. Treasury Securities, federal agency

securities

and highly rated non-agency MBS.

(11)Includes credit extended through the PDCF and credit extended to

certain other broker-dealers.

(12)Reflects extensions of credit to banks to finance purchases of high-quality

asset-backed commercial paper from money market mutual funds.

(13)Pending the closing of the recapitalization plan announced by AIG on

September 30, 2010, the case proceeds from the dispostion of certain AIG

assets will be held by the FRBNY as agent.

(14)Includes nonmarketable US Treasury securities, supranationals

corporate bonds, asset-backed securities, and commercial paper

--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com

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