Skip to Content
Release Date: March 19, 2009
Release dates | Historical data
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
March 19, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and Averages of daily figures
reserve balances of depository institutions at Week ended Change from week ended Wednesday
Federal Reserve Banks Mar 18, 2009 Mar 11, 2009 Mar 19, 2008 Mar 18, 2009
Reserve Bank credit 2,041,409 + 163,743 +1,162,536 2,050,609
Securities held outright 746,647 + 162,583 + 69,753 759,465
U.S. Treasury securities (1) 474,688 + 42 - 202,206 474,704
Bills (2) 18,423 0 - 146,793 18,423
Notes and bonds, nominal (2) 412,914 0 - 55,667 412,914
Notes and bonds, inflation-indexed (2) 39,378 0 + 941 39,378
Inflation compensation (3) 3,974 + 42 - 686 3,990
Federal agency debt securities (2) 45,468 + 4,985 + 45,468 48,272
Mortgage-backed securities (4) 226,490 + 157,555 + 226,490 236,489
Repurchase agreements (5) 0 0 - 61,107 0
Term auction credit 468,589 - 24,556 + 388,589 468,589
Other loans 138,179 + 5,061 + 119,130 135,342
Primary credit 65,683 + 2,196 + 65,602 64,047
Secondary credit 11 + 11 + 11 1
Seasonal credit 3 + 1 - 4 3
Primary dealer and other broker-dealer credit (6) 19,675 - 58 + 6,242 20,075
Asset-backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 9,229 + 1,677 + 9,229 7,634
Credit extended to American International
Group, Inc. (7) 43,579 + 1,235 + 43,579 43,581
Other credit extensions 0 0 - 5,529 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (8) 241,030 + 372 + 241,030 240,713
Net portfolio holdings of LLCs funded through
the Money Market Investor Funding Facility (9) 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (10) 26,183 + 65 + 26,183 26,212
Net portfolio holdings of Maiden Lane II LLC (11) 18,429 + 3 + 18,429 18,439
Net portfolio holdings of Maiden Lane III LLC (12) 27,601 + 138 + 27,601 27,628
Float -2,226 + 244 - 659 -2,545
Central bank liquidity swaps (13) 329,586 + 15,717 + 329,586 329,012
Other Federal Reserve assets (14) 47,390 + 4,115 + 4,000 47,754
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 2,200 0 0 2,200
Treasury currency outstanding (15) 38,828 + 14 + 149 38,828
Total factors supplying reserve funds 2,093,478 + 163,757 +1,162,685 2,102,678
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and Averages of daily figures
reserve balances of depository institutions at Week ended Change from week ended Wednesday
Federal Reserve Banks Mar 18, 2009 Mar 11, 2009 Mar 19, 2008 Mar 18, 2009
Currency in circulation (15) 898,352 + 1,040 + 81,383 899,428
Reverse repurchase agreements (16) 65,580 - 2,145 + 24,870 65,027
Foreign official and international accounts 65,580 - 2,145 + 25,906 65,027
Dealers 0 0 - 1,036 0
Treasury cash holdings 305 + 9 + 32 310
Deposits with F.R. Banks, other than reserve balances 297,175 + 13,873 + 284,904 307,568
U.S. Treasury, general account 72,723 + 23,827 + 67,571 100,379
U.S. Treasury, supplementary financing account 199,937 - 8 + 199,937 199,937
Foreign official 2,103 + 562 + 2,000 2,490
Service-related 4,466 + 1 - 2,287 4,466
Required clearing balances 4,466 + 1 - 2,287 4,466
Adjustments to compensate for float 0 0 0 0
Other 17,946 - 10,509 + 17,682 295
Other liabilities and capital (17) 54,215 + 1,871 + 9,481 54,520
Total factors, other than reserve balances,
absorbing reserve funds 1,315,628 + 14,649 + 400,671 1,326,853
Reserve balances with Federal Reserve Banks 777,850 + 149,107 + 762,014 775,825
Note: Components may not sum to totals because of rounding.
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is
the remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain
other broker-dealers.
7. Excludes credit extended to consolidated LLCs.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9. Refer to table 7 and the note on consolidation accompanying table 9.
10. Refer to table 3 and the note on consolidation accompanying table 9.
11. Refer to table 4 and the note on consolidation accompanying table 9.
12. Refer to table 5 and the note on consolidation accompanying table 9.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market
Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other
than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio
holdings of these LLCs. Refer to table 3 through table 7 and the note on consolidation accompanying table 9.
Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
1A. Memorandum Items
Millions of dollars
Averages of daily figures
Memorandum item Week ended Change from week ended Wednesday
Mar 18, 2009 Mar 11, 2009 Mar 19, 2008 Mar 18, 2009
Marketable securities held in custody for foreign
official and international accounts (1) 2,590,195 - 1,160 + 421,697 2,593,836
U.S. Treasury securities 1,782,138 + 1,643 + 501,796 1,780,836
Federal agency securities (2) 808,058 - 2,802 - 80,098 813,000
Securities lent to dealers 109,753 - 2,580 + 97,525 109,384
Overnight facility (3) 3,633 - 401 - 8,595 3,264
Term facility (4,5) 106,120 - 2,179 + 106,120 106,120
Note: Components may not sum to totals because of rounding.
1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed
securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt
securities.
5. On March 18, 2009, option contracts on draws on the Term Securities Lending Facility totaling $ 35,000
million were outstanding. The exercise date for the options is March 26, 2009, and the draws have a term of
March 27, 2009 through April 3, 2009.
2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, March 18, 2009
Millions of dollars
Remaining maturity Within 15 16 days to 91 days to Over 1 year Over 5 years Over 10 All
days 90 days 1 year to 5 years to 10 years years
Term auction credit 102,954 365,635 --- --- --- --- 468,589
Other loans (1) 80,130 11,576 55 43,581 --- --- 135,342
U.S. Treasury securities (2)
Holdings 17,130 27,381 60,924 168,678 100,928 99,663 474,704
Weekly changes + 5 - 438 + 191 - 258 + 330 + 214 + 43
Federal agency debt securities (3)
Holdings 571 0 4,090 33,731 9,714 166 48,272
Weekly changes - 628 0 + 1,523 + 2,280 + 665 0 + 3,840
Mortgage-backed securities (4)
Holdings 0 0 0 0 0 236,489 236,489
Weekly changes 0 0 0 0 0 + 167,531 + 167,531
Commercial paper held by
Commercial Paper Funding
Facility LLC (5) 12,194 227,213 0 --- --- --- 239,407
Money market instruments held by
LLCs funded through the Money
Market Investor Funding
Facility (6) 0 0 0 --- --- --- 0
Repurchase agreements (7) 0 0 --- --- --- --- 0
Central bank liquidity swaps (8) 141,712 187,300 0 0 0 0 329,012
Reverse repurchase agreements (7) 65,027 0 --- --- --- --- 65,027
Note: Components may not sum to totals because of rounding.
--- Not applicable.
1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the
LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden
Lane III LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with
consolidation under generally accepted accounting principles.
2. 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.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining
principal balance of the underlying mortgages.
5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
7. Cash value of agreements.
8. 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.
3. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Wednesday
Account name Mar 18, 2009
Net portfolio holdings of Maiden Lane LLC (1) 26,212
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 28,820
Accrued interest payable to the Federal Reserve Bank of New York (2) 298
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,200
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly.
This table reflects valuations as of December 31, 2008. Any assets purchased after this valuation date
are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement
of condition consistent with consolidation under generally accepted accounting principles. Refer to
the note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1
and in other liabilities and accrued dividends in table 8 and table 9.
Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed
to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of
the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the
proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC,
principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest
due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.
4. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Wednesday
Account name Mar 18, 2009
Net portfolio holdings of Maiden Lane II LLC (1) 18,439
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 18,543
Accrued interest payable to the Federal Reserve Bank of New York (2) 86
Deferred payment and accrued interest payable to subsidiaries of American International
Group, Inc. (3) 1,010
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly.
This table reflects valuations as of December 31, 2008. Any assets purchased after this valuation date
are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement
of condition consistent with consolidation under generally accepted accounting principles. Refer to the
note on consolidation accompanying table 9.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due
to subsidiaries of American International Group, Inc. in accordance with the asset purchase agreement.
The fair value of this payment and accrued interest payable are included in other liabilities and capital
in table 1 and in other liabilities and accrued dividends in table 8 and table 9.
Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company
was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden
Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order: operating
expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment
and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.
5. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Wednesday
Account name Mar 18, 2009
Net portfolio holdings of Maiden Lane III LLC (1) 27,628
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 24,036
Accrued interest payable to the Federal Reserve Bank of New York (2) 120
Outstanding principal amount and accrued interest on loan payable to American International
Group, Inc. (3) 5,059
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly.
This table reflects valuations as of December 31, 2008. Any assets purchased after this valuation date
are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement
of condition consistent with consolidation under generally accepted accounting principles. Refer to the
note on consolidation accompanying table 9.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1
and in other liabilities and accrued dividends in table 8 and table 9.
Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane
III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions.
Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following
order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY,
principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.
6. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
Wednesday
Account name Mar 18, 2009
Commercial paper holdings, net (1) 238,190
Other investments, net 2,522
Net portfolio holdings of Commercial Paper Funding Facility LLC 240,713
Memorandum: Commercial paper holdings, face value 239,407
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 238,101
Accrued interest payable to the Federal Reserve Bank of New York (2) 73
1. Book value, which includes amortized cost and related fees.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of
condition consistent with consolidation under generally accepted accounting principles. Refer to the
note on consolidation accompanying table 9.
Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers
and thereby foster liquidity in short-term funding markets and increase the availability of credit for
businesses and households.
7. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility
Millions of dollars
Wednesday
Account name Mar 18, 2009
Money market instrument holdings, net (1) 0
Other investments, net 0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility 0
Memorandum: Money market instrument holdings, face value 0
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 0
Accrued interest payable to the Federal Reserve Bank of New York (2) 0
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility,
net of related discounts 0
1. Book value, which includes amortized cost.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of
condition consistent with consolidation under generally accepted accounting principles. Refer to the note
on consolidation accompanying table 9.
Note: The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through
the Money Market Investor Funding Facility (MMIFF). The MMIFF became operational on November 24, 2008. These
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers. Such purchases are
designed to foster liquidity in short-term money markets.
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Eliminations Change since
from Wednesday Wednesday Wednesday
Assets, liabilities, and capital consolidation Mar 18, 2009 Mar 11, 2009 Mar 19, 2008
Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 2,200 0 0
Coin 1,827 - 8 + 511
Securities, repurchase agreements, term auction
credit, and other loans 1,363,396 + 147,531 + 531,986
Securities held outright 759,465 + 171,414 + 98,981
U.S. Treasury securities (1) 474,704 + 43 - 185,780
Bills (2) 18,423 0 - 133,937
Notes and bonds, nominal (2) 412,914 0 - 52,096
Notes and bonds, inflation-indexed (2) 39,378 0 + 941
Inflation compensation (3) 3,990 + 43 - 688
Federal agency debt securities (2) 48,272 + 3,840 + 48,272
Mortgage-backed securities (4) 236,489 + 167,531 + 236,489
Repurchase agreements (5) 0 0 - 62,000
Term auction credit 468,589 - 24,556 + 388,589
Other loans 135,342 + 673 + 106,417
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 240,713 - 145 + 240,713
Net portfolio holdings of LLCs funded through
the Money Market Investor Funding Facility (7) 0 0 0
Net portfolio holdings of Maiden Lane LLC (8) 26,212 + 34 + 26,212
Net portfolio holdings of Maiden Lane II LLC (9) 18,439 + 12 + 18,439
Net portfolio holdings of
Maiden Lane III LLC (10) 27,628 + 31 + 27,628
Items in process of collection (330) 388 - 216 - 1,098
Bank premises 2,187 + 1 + 46
Central bank liquidity swaps (11) 329,012 + 16,551 + 329,012
Other assets (12) 45,582 + 3,844 + 4,424
Total assets (330) 2,068,620 + 167,634 +1,177,873
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Eliminations Change since
from Wednesday Wednesday Wednesday
Assets, liabilities, and capital consolidation Mar 18, 2009 Mar 11, 2009 Mar 19, 2008
Liabilities
Federal Reserve notes, net of F.R. Bank holdings 862,732 + 467 + 81,531
Reverse repurchase agreements (13) 65,027 - 1,358 + 18,884
Deposits (0) 1,083,408 + 167,824 +1,067,483
Depository institutions 780,306 + 147,816 + 770,131
U.S. Treasury, general account 100,379 + 65,948 + 95,015
U.S. Treasury, supplementary financing account 199,937 - 8 + 199,937
Foreign official 2,490 + 697 + 2,391
Other (0) 295 - 46,631 + 7
Deferred availability cash items (330) 2,933 - 787 - 332
Other liabilities and accrued dividends (14) 9,405 + 281 + 5,328
Total liabilities (330) 2,023,505 + 166,427 +1,172,894
Capital accounts
Capital paid in 22,533 + 173 + 3,005
Surplus 21,140 + 193 + 2,682
Other capital accounts 1,443 + 842 - 707
Total capital 45,115 + 1,207 + 4,979
Note: Components may not sum to totals because of rounding.
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
to table 1A.
2. Face value of the securities.
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is
the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 6 and the note on consolidation accompanying table 9.
7. Refer to table 7 and the note on consolidation accompanying table 9.
8. Refer to table 3 and the note on consolidation accompanying table 9.
9. Refer to table 4 and the note on consolidation accompanying table 9.
10. Refer to table 5 and the note on consolidation accompanying table 9.
11. 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.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market
Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other
than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio
holdings of these LLCs. Refer to table 3 through table 7 and the note on consolidation accompanying table 9.
9. Statement of Condition of Each Federal Reserve Bank, March 18, 2009
Millions of dollars
Kansas San
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco
Assets
Gold certificate account 11,037 424 3,935 453 423 891 1,221 913 344 199 349 636 1,249
Special drawing rights certificate acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234
Coin 1,827 63 80 157 149 251 216 218 44 61 125 180 283
Securities, repurchase agreements, term
auction credit, and other loans 1,363,396 59,740 623,869 76,543 40,718 153,342 88,528 75,414 31,002 20,427 30,339 37,952 125,521
Securities held outright 759,465 31,855 270,213 33,159 28,799 68,867 75,565 67,030 26,244 14,338 27,886 31,503 84,005
U.S. Treasury securities (1) 474,704 19,911 168,897 20,726 18,001 43,045 47,232 41,897 16,404 8,962 17,430 19,691 52,507
Bills (2) 18,423 773 6,555 804 699 1,671 1,833 1,626 637 348 676 764 2,038
Notes and bonds (3) 456,281 19,138 162,342 19,922 17,302 41,375 45,399 40,271 15,767 8,614 16,754 18,927 50,470
Federal agency debt securities (2) 48,272 2,025 17,175 2,108 1,830 4,377 4,803 4,260 1,668 911 1,772 2,002 5,339
Mortgage-backed securities (4) 236,489 9,919 84,141 10,325 8,968 21,444 23,530 20,872 8,172 4,465 8,683 9,810 26,158
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Term auction credit 468,589 20,010 231,676 43,288 11,911 83,833 12,753 6,469 4,638 5,749 2,416 6,025 39,823
Other loans 135,342 7,876 121,981 96 9 643 209 1,915 120 340 37 424 1,693
Net portfolio holdings of Commercial
Paper Funding Facility LLC (6) 240,713 0 240,713 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of LLCs funded
through the Money Market Investor
Funding Facility (7) 0 0 0 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden Lane
LLC (8) 26,212 0 26,212 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (9) 18,439 0 18,439 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (10) 27,628 0 27,628 0 0 0 0 0 0 0 0 0 0
Items in process of collection 718 39 0 116 73 39 93 57 26 67 28 82 98
Bank premises 2,187 122 210 65 146 233 224 207 134 112 272 250 212
Central bank liquidity swaps (11) 329,012 13,146 88,161 36,046 24,167 93,114 25,094 10,953 3,265 5,051 3,237 4,219 22,558
Other assets (12) 45,582 1,852 14,302 3,651 2,547 8,742 3,916 2,621 974 780 1,024 1,210 3,964
Interdistrict settlement account 0 + 1,087 + 5,436 - 57,938 + 860 - 33,014 + 20,085 + 18,731 - 2,087 - 3,478 + 12,452 + 15,219 + 22,648
Total assets 2,068,950 76,588 1,049,860 59,176 69,187 223,744 139,543 109,327 33,773 23,248 47,893 59,846 176,766
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
9. Statement of Condition of Each Federal Reserve Bank, March 18, 2009 (continued)
Millions of dollars
Kansas San
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco
Liabilities
Federal Reserve notes outstanding 1,043,003 37,457 365,268 40,725 45,825 79,715 133,742 87,682 29,556 20,121 29,376 62,489 111,048
Less: Notes held by F.R. Banks 180,271 5,457 54,888 4,978 7,426 12,143 29,564 13,397 3,682 2,830 3,350 16,975 25,581
Federal Reserve notes, net 862,732 31,999 310,381 35,747 38,399 67,572 104,178 74,285 25,874 17,291 26,025 45,514 85,467
Reverse repurchase agreements (13) 65,027 2,727 23,136 2,839 2,466 5,897 6,470 5,739 2,247 1,228 2,388 2,697 7,193
Deposits 1,083,408 39,757 696,864 15,152 24,604 137,408 24,862 27,019 5,001 3,413 18,756 10,605 79,966
Depository institutions 780,306 39,739 393,884 15,147 24,600 137,331 24,859 27,018 4,995 3,413 18,755 10,605 79,962
U.S. Treasury, general account 100,379 0 100,379 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 199,937 0 199,937 0 0 0 0 0 0 0 0 0 0
Foreign official 2,490 2 2,461 4 3 11 3 1 0 1 0 1 3
Other 295 16 203 1 1 66 0 0 5 0 1 0 2
Deferred availability cash items 3,264 90 0 507 355 230 286 372 36 357 146 258 626
Other liabilities and accrued
dividends (14) 9,405 168 6,764 199 191 490 371 309 160 112 127 178 335
Total liabilities 2,023,835 74,742 1,037,144 54,444 66,014 211,597 136,168 107,725 33,318 22,401 47,442 59,253 173,587
Capital
Capital paid in 22,533 903 6,360 2,363 1,587 6,161 1,645 769 216 485 215 285 1,544
Surplus 21,140 844 5,671 2,315 1,552 5,981 1,612 704 210 324 208 271 1,449
Other capital 1,443 99 684 54 33 5 118 129 30 38 28 37 187
Total liabilities and capital 2,068,950 76,588 1,049,860 59,176 69,187 223,744 139,543 109,327 33,773 23,248 47,893 59,846 176,766
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
9. Statement of Condition of Each Federal Reserve Bank, March 18, 2009 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
2. Face value of the securities.
3. 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.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 6 and the note on consolidation below.
7. Refer to table 7 and the note on consolidation below.
8. Refer to table 3 and the note on consolidation below.
9. Refer to table 4 and the note on consolidation below.
10. Refer to table 5 and the note on consolidation below.
11. 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.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden
Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 3 through
table 7 and the note on consolidation below.
Note on consolidation:
The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008,
a loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility. These LLCs, which became operational on November 24, 2008, were established to purchase
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane III LLC,
which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap
contracts. On December 12, 2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending
reinvestment portfolio of subsidiaries of American International Group, Inc.
The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally accepted accounting principles,
the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a
consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and
table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in
this table (and table 1 and table 8).
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral Wednesday
Mar 18, 2009
Federal Reserve notes outstanding 1,043,003
Less: Notes held by F.R. Banks not subject to collateralization 180,271
Federal Reserve notes to be collateralized 862,732
Collateral held against Federal Reserve notes 862,732
Gold certificate account 11,037
Special drawing rights certificate account 2,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1) 698,663
Other assets pledged 150,832
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1) 759,465
Less: Face value of securities under reverse repurchase agreements 60,802
U.S. Treasury, agency debt, and mortgage-backed securities
eligible to be pledged 698,663
Note: Components may not sum to totals because of rounding.
1. 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.
Release dates | Historical data
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
Statistical releases