FEDERAL RESERVE Statistical Release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks October 4, 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 Oct 3, 2007 Sep 26, 2007 Oct 4, 2006 Oct 3, 2007 Federal Reserve Banks Reserve Bank Credit 861,582 + 2,035 + 32,175 854,970 Securities held outright 779,630 - 4 + 10,704 779,624 U.S. Treasury (1) 779,630 - 4 + 10,704 779,624 Bills (2) 267,019 0 - 10,000 267,019 Notes and bonds, nominal (2) 472,142 0 + 10,351 472,142 Notes and bonds, inflation-indexed (2) 35,753 0 + 9,734 35,753 Inflation compensation (3) 4,716 - 4 + 618 4,711 Federal agency (2) 0 0 0 0 Repurchase agreements(4) 41,893 + 2,786 + 20,679 35,250 Loans to depository institutions 202 - 104 - 141 179 Primary credit 27 - 61 - 13 26 Secondary credit 0 0 0 0 Seasonal credit 175 - 43 - 128 153 Float -1,047 - 870 - 701 -658 Other Federal Reserve assets 40,905 + 229 + 1,634 40,574 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding (5) 38,651 + 14 + 567 38,651 Total factors supplying reserve funds 913,474 + 2,050 + 32,742 906,861 Currency in circulation(5) 811,789 + 1,935 + 20,002 814,600 Reverse repurchase agreements (6) 35,242 + 104 + 4,744 34,542 Foreign official and international accounts 35,242 + 104 + 4,744 34,542 Dealers 0 0 0 0 Treasury cash holdings 337 + 4 + 186 340 Deposits with F.R.Banks, other than reserve balances 12,281 + 536 - 1,735 12,518 U.S. Treasury, general account 5,430 + 669 - 1,220 5,645 Foreign official 103 + 6 + 9 98 Service-related 6,469 - 180 - 523 6,469 Required clearing balances 6,469 - 180 - 523 6,469 Adjustments to compensate for float 0 0 0 0 Other 278 + 40 - 2 306 Other liabilities and capital 41,351 + 201 + 5,335 40,689 Total factors, other than reserve balances, absorbing reserve funds 900,999 + 2,779 + 28,532 902,690 Reserve balances with Federal Reserve Banks 12,475 - 729 + 4,209 4,172 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts(2,7) 1,998,409 + 3,163 + 323,745 1,998,716 U.S. Treasury 1,214,132 - 710 + 82,767 1,215,623 Federal agency 784,277 + 3,873 + 240,979 783,093 Securities lent to dealers 3,729 + 410 + 2,120 6,021 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 Oct 3, 2007 Sep 26, 2007 Oct 4, 2006 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 2,200 0 0 Coin 1,120 + 15 + 272 Securities, repurchase agreements, and loans 815,053 - 20,787 + 27,605 Securities held outright 779,624 - 9 + 10,692 U.S. Treasury (1) 779,624 - 9 + 10,692 Bills (2) 267,019 0 - 10,000 Notes and bonds, nominal (2) 472,142 0 + 10,351 Notes and bonds, inflation-indexed (2) 35,753 0 + 9,734 Inflation compensation (3) 4,711 - 8 + 607 Federal agency (2) 0 0 0 Repurchase agreements (4) 35,250 - 20,750 + 17,000 Loans 179 - 28 - 88 Items in process of collection (823) 2,678 + 71 - 2,321 Bank premises 2,103 + 13 + 202 Other assets (5) 38,576 - 237 + 709 Total assets (823) 872,766 - 20,925 + 26,466 Liabilities Federal Reserve notes net of FR Bank holdings 777,405 + 2,562 + 20,312 Reverse repurchase agreements (6) 34,542 - 770 + 5,330 Deposits (0) 16,793 - 22,718 - 2,730 Depository institutions 10,744 - 23,495 - 2,131 U.S. Treasury, general account 5,645 + 702 - 577 Foreign official 98 + 2 + 6 Other (0) 306 + 73 - 28 Deferred availability cash items (823) 3,337 + 157 - 1,514 Other liabilities and accrued dividends (7) 6,004 - 2 + 602 Total liabilities (823) 838,080 - 20,771 + 22,000 Capital Accounts Capital paid in 17,290 + 143 + 2,213 Surplus 15,438 + 13 + 2,537 Other capital accounts 1,958 - 310 - 284 Total capital 34,686 - 154 + 4,466 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, October 3, 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 47 46,514 - 5,648 0 0 35,250 34,542 16 days to 90 days 132 164,935 + 7,342 0 0 0 0 91 days to 1 year 0 169,183 - 3,182 0 0 ------ ------ Over 1 to 5 years ------ 237,311 + 1,483 0 0 ------ ------ Over 5 to 10 years ------ 75,487 - 1 0 0 ------ ------ Over 10 years ------ 86,195 - 3 0 0 ------ ------ All 179 779,624 - 9 0 0 35,250 34,542 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 October 3, 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 1,120 37 62 81 100 119 158 128 49 40 81 119 147 Securities, repurchase agreements, and loans 815,053 37,554 295,064 36,058 33,347 70,627 75,578 68,379 26,071 16,305 26,413 35,811 93,846 Securities held outright 779,624 35,930 282,300 34,491 31,905 67,548 72,308 65,392 24,918 15,555 25,237 34,254 89,786 U.S. Treasury (1) 779,624 35,930 282,300 34,491 31,905 67,548 72,308 65,392 24,918 15,555 25,237 34,254 89,786 Bills (2) 267,019 12,306 96,687 11,813 10,927 23,135 24,765 22,397 8,534 5,328 8,644 11,732 30,752 Notes and bonds(3) 512,606 23,624 185,613 22,678 20,977 44,413 47,543 42,996 16,383 10,228 16,593 22,522 59,035 Federal agency (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements(4) 35,250 1,625 12,764 1,559 1,443 3,054 3,269 2,957 1,127 703 1,141 1,549 4,060 Loans 179 0 0 7 0 25 0 30 27 47 35 8 0 Items in process of collection 3,501 122 52 350 301 165 277 262 149 249 586 274 713 Bank premises 2,103 119 217 62 154 177 230 206 104 113 254 259 209 Other assets(5) 38,576 1,279 11,908 3,286 2,232 7,321 3,291 2,499 766 725 761 995 3,513 Interdistrict settlement account 0 - 4,458 +11,086 - 1,311 - 2,136 + 2,692 + 3,403 - 582 - 197 - 1,565 + 222 - 3,247 - 3,908 Total Assets 873,589 35,217 323,315 39,064 34,529 82,118 84,220 72,007 27,339 16,101 28,718 34,921 96,040 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 October 3, 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 1,001,331 37,017 364,748 40,768 38,155 81,679 111,410 79,901 29,162 17,171 30,198 57,604 113,520 Less: notes held by F.R. Banks 223,927 5,891 72,650 8,011 8,731 15,053 35,042 14,649 3,990 3,148 3,846 25,960 26,955 Federal Reserve notes, net 777,405 31,126 292,098 32,757 29,424 66,626 76,368 65,252 25,171 14,022 26,352 31,644 86,564 Reverse repurchase agreements (1) 34,542 1,592 12,507 1,528 1,414 2,993 3,204 2,897 1,104 689 1,118 1,518 3,978 Deposits 16,794 493 8,006 353 674 1,965 1,046 1,187 318 224 380 614 1,534 Depository institutions 10,744 486 2,121 349 671 1,831 1,042 1,184 315 223 378 613 1,530 U.S. Treasury, general account 5,645 0 5,645 0 0 0 0 0 0 0 0 0 0 Foreign official 98 1 68 5 3 11 3 2 0 1 0 1 3 Other 306 6 172 0 0 123 0 0 3 0 1 0 0 Deferred availability cash items 4,159 216 123 510 553 289 479 333 143 295 254 258 708 Other liabilities and accrued dividends (2) 6,004 271 1,796 280 274 896 561 475 225 158 213 277 576 Total liabilities 838,904 33,697 314,530 35,428 32,339 72,769 81,658 70,144 26,962 15,388 28,317 34,310 93,361 Capital Capital paid in 17,290 973 4,289 1,810 1,089 4,661 1,229 909 179 353 190 297 1,310 Surplus 15,438 396 3,827 1,811 1,087 4,098 1,278 860 167 276 176 214 1,248 Other capital 1,958 150 669 14 15 590 56 93 31 84 35 100 122 Total liabilities and capital 873,589 35,217 323,315 39,064 34,529 82,118 84,220 72,007 27,339 16,101 28,718 34,921 96,040 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 Oct 3, 2007 Federal Reserve notes outstanding 1,001,331 Less: Notes held by F.R. Banks not subject to collateralization 223,927 Federal Reserve Notes to be collateralized 777,405 Collateral held against Federal Reserve notes 777,405 Gold certificate account 11,037 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged (1) 764,168 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities (1) 814,874 Less:face value of securities under reverse repurchase agreements 34,586 U.S. Treasury and agency securities eligible to be pledged 780,288 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.