FEDERAL RESERVE Statistical Release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks August 9, 2007 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Averages of daily figures Reserve Bank credit, related items, and Week ended Change from week ended Wednesday reserve balances of depository institutions at Aug 8, 2007 Aug 1, 2007 Aug 9, 2006 Aug 8, 2007 Federal Reserve Banks Reserve Bank Credit 850,555 - 7,047 + 25,243 851,160 Securities held outright 790,814 + 56 + 25,990 790,820 U.S. Treasury (1) 790,814 + 56 + 25,990 790,820 Bills (2) 277,019 0 0 277,019 Notes and bonds, nominal (2) 473,378 - 925 + 15,552 473,378 Notes and bonds, inflation-indexed (2) 35,753 + 925 + 9,734 35,753 Inflation compensation (3) 4,664 + 55 + 703 4,670 Federal agency (2) 0 0 0 0 Repurchase agreements(4) 18,571 - 7,215 - 358 18,750 Loans to depository institutions 251 0 - 90 255 Primary credit 1 - 1 - 8 0 Secondary credit 0 0 0 0 Seasonal credit 249 0 - 82 255 Float -887 - 29 - 170 -622 Other Federal Reserve assets 41,807 + 142 - 129 41,957 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding (5) 38,591 + 14 + 565 38,591 Total factors supplying reserve funds 902,388 - 7,033 + 25,809 902,993 Currency in circulation(5) 813,051 + 633 + 19,021 814,626 Reverse repurchase agreements (6) 31,647 - 1,688 + 3,203 30,132 Foreign official and international accounts 31,647 - 1,688 + 3,203 30,132 Dealers 0 0 0 0 Treasury cash holdings 245 - 47 + 88 257 Deposits with F.R.Banks, other than reserve balances 11,960 + 241 - 265 11,601 U.S. Treasury, general account 4,998 + 124 + 355 4,670 Foreign official 94 - 2 + 4 94 Service-related 6,562 + 99 - 644 6,562 Required clearing balances 6,562 + 99 - 641 6,562 Adjustments to compensate for float 0 0 - 3 0 Other 306 + 19 + 20 274 Other liabilities and capital 40,037 + 558 + 4,438 39,583 Total factors, other than reserve balances, absorbing reserve funds 896,941 - 303 + 26,487 896,199 Reserve balances with Federal Reserve Banks 5,447 - 6,730 - 677 6,794 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts(2,7) 2,006,426 - 3,524 + 344,108 2,006,849 U.S. Treasury 1,247,819 - 4,357 + 113,506 1,246,184 Federal agency 758,607 + 834 + 230,602 760,665 Securities lent to dealers 3,487 - 2,597 + 591 8,540 Note: Components may not sum to totals because of rounding. 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5 Estimated. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities. 7 Includes U.S. Treasury STRIPS and other zero coupon bonds at face value. Sources: Federal Reserve Banks and the U.S. Department of the Treasury. 2. Consolidated Statement of Condition of All Federal Reserve Banks Millions of Dollars Eliminations Change Since from Wednesday Wednesday Wednesday Assets, liabilities, and capital consolidation Aug 8, 2007 Aug 1, 2007 Aug 9, 2006 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 2,200 0 0 Coin 1,062 - 34 + 298 Securities, repurchase agreements, and loans 809,825 - 5,962 + 27,136 Securities held outright 790,820 + 18 + 25,992 U.S. Treasury (1) 790,820 + 18 + 25,992 Bills (2) 277,019 0 0 Notes and bonds, nominal (2) 473,378 0 + 15,552 Notes and bonds, inflation-indexed (2) 35,753 0 + 9,734 Inflation compensation (3) 4,670 + 17 + 704 Federal agency (2) 0 0 0 Repurchase agreements (4) 18,750 - 6,000 + 1,250 Loans 255 + 20 - 105 Items in process of collection (841) 3,127 + 701 - 2,136 Bank premises 2,063 + 10 + 196 Other assets (5) 39,994 + 481 + 132 Total assets (841) 869,309 - 4,803 + 25,627 Liabilities Federal Reserve notes net of FR Bank holdings 777,350 + 397 + 18,627 Reverse repurchase agreements (6) 30,132 - 1,414 + 2,272 Deposits (0) 18,494 - 3,749 + 1,180 Depository institutions 13,456 - 3,628 - 595 U.S. Treasury, general account 4,670 - 99 + 1,763 Foreign official 94 - 1 + 6 Other (0) 274 - 21 + 6 Deferred availability cash items (841) 3,750 - 158 - 993 Other liabilities and accrued dividends (7) 5,905 + 81 + 858 Total liabilities (841) 835,631 - 4,843 + 21,944 Capital Accounts Capital paid in 16,660 + 11 + 1,644 Surplus 15,412 + 1 + 2,511 Other capital accounts 1,607 + 29 - 470 Total capital 33,678 + 40 + 3,683 Note: Components may not sum to totals because of rounding. 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites. 5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities. 7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 3. Maturity Distribution of Loans and Securities, August 8, 2007 Millions of dollars U.S. Treasury Federal agency Reverse Maturity Loans securities (1) securities Repurchase repurchase Weekly Weekly agreements(2)agreements(2) Holdings changes Holdings changes Within 15 days 29 64,771 + 461 0 0 18,750 30,132 16 days to 90 days 226 162,434 + 5,424 0 0 0 0 91 days to 1 year 0 172,427 - 5,886 0 0 ------ ------ Over 1 to 5 years ------ 238,079 + 6 0 0 ------ ------ Over 5 to 10 years ------ 69,353 + 3 0 0 ------ ------ Over 10 years ------ 83,755 + 7 0 0 ------ ------ All 255 790,820 + 18 0 0 18,750 30,132 Note: Components may not sum to totals because of rounding. --- Not applicable. 1 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. 2 Cash value of agreements classified by remaining maturity of the agreements. 4. Statement of Condition of Each Federal Reserve Bank on August 8, 2007 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 11,037 449 4,053 455 428 869 1,117 903 326 203 335 613 1,286 Special drawing rights certificate acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234 Coin 1,062 30 55 68 107 108 144 123 52 39 79 114 142 Securities, repurchase agreements, and loans 809,825 37,310 293,143 35,820 33,130 70,143 75,091 67,960 25,939 16,236 26,233 35,579 93,243 Securities held outright 790,820 36,446 286,354 34,986 32,363 68,518 73,347 66,331 25,275 15,779 25,600 34,746 91,076 U.S. Treasury (1) 790,820 36,446 286,354 34,986 32,363 68,518 73,347 66,331 25,275 15,779 25,600 34,746 91,076 Bills (2) 277,019 12,767 100,308 12,255 11,336 24,001 25,693 23,235 8,854 5,527 8,967 12,171 31,903 Notes and bonds(3) 513,801 23,679 186,046 22,731 21,026 44,517 47,654 43,096 16,422 10,251 16,632 22,575 59,172 Federal agency (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements(4) 18,750 864 6,789 830 767 1,625 1,739 1,573 599 374 607 824 2,159 Loans 255 0 0 4 0 0 5 55 64 84 26 9 8 Items in process of collection 3,968 147 160 399 555 231 358 280 100 196 310 430 801 Bank premises 2,063 119 215 56 155 174 230 206 98 114 234 260 200 Other assets(5) 39,994 1,357 12,482 3,304 2,272 7,334 3,437 2,633 825 759 819 1,077 3,694 Interdistrict settlement account 0 - 4,261 + 5,896 - 340 - 2,513 + 1,358 + 5,790 - 348 + 100 - 1,305 + 860 - 2,804 - 2,433 Total Assets 870,150 35,266 316,879 39,845 34,238 80,365 86,334 71,970 27,511 16,272 28,936 35,367 97,168 Note: Components may not sum to totals because of rounding. 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 4. Statement of Condition of Each Federal Reserve Bank on August 8, 2007 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 990,878 37,628 353,778 41,098 37,886 80,889 110,180 80,525 29,471 17,374 30,475 57,391 114,184 Less: notes held by F.R. Banks 213,529 5,641 67,834 7,582 8,849 15,481 31,354 14,545 3,902 3,136 3,849 25,232 26,123 Federal Reserve notes, net 777,350 31,987 285,944 33,516 29,037 65,408 78,825 65,980 25,569 14,239 26,625 32,159 88,061 Reverse repurchase agreements (1) 30,132 1,389 10,911 1,333 1,233 2,611 2,795 2,527 963 601 975 1,324 3,470 Deposits 18,494 542 9,257 452 765 2,218 1,128 785 293 308 443 695 1,608 Depository institutions 13,456 541 4,345 447 762 2,119 1,125 782 288 308 441 694 1,605 U.S. Treasury, general account 4,670 0 4,670 0 0 0 0 0 0 0 0 0 0 Foreign official 94 1 64 5 3 11 3 2 0 1 0 1 3 Other 274 0 178 0 0 89 0 0 5 0 1 0 0 Deferred availability cash items 4,591 273 109 620 705 311 438 345 96 311 288 314 780 Other liabilities and accrued dividends (2) 5,905 260 1,807 270 270 813 572 480 218 155 204 279 577 Total liabilities 836,472 34,450 308,028 36,191 32,010 71,361 83,758 70,117 27,140 15,615 28,536 34,771 94,496 Capital Capital paid in 16,660 388 4,295 1,808 1,101 4,670 1,235 897 176 322 188 285 1,295 Surplus 15,412 396 3,805 1,811 1,087 4,097 1,277 860 167 276 176 214 1,248 Other capital 1,607 32 752 35 40 236 63 96 30 60 35 97 129 Total liabilities and capital 870,150 35,266 316,879 39,845 34,238 80,365 86,334 71,970 27,511 16,272 28,936 35,367 97,168 Note: Components may not sum to totals because of rounding. 1 Cash value of agreements, which are collateralized by U.S. Treasury securities. 2 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Federal Reserve notes and collateral Wednesday Aug 8, 2007 Federal Reserve notes outstanding 990,878 Less: Notes held by F.R. Banks not subject to collateralization 213,529 Federal Reserve Notes to be collateralized 777,350 Collateral held against Federal Reserve notes 777,350 Gold certificate account 11,037 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged (1) 764,113 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities (1) 809,570 Less:face value of securities under reverse repurchase agreements 30,179 U.S. Treasury and agency securities eligible to be pledged 779,391 Note: Components may not sum to totals because of rounding. 1 Includes face value of U.S. Treasury and agency 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.