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Release Date:  August 27, 2009
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FEDERAL RESERVE statistical release
 

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
August 27, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks
Averages of daily figures Wednesday
Aug 26, 2009
Week ended
Aug 26, 2009
Change from week ended
Aug 19, 2009 Aug 27, 2008
                                                              
Reserve Bank credit                                       2,048,863    +   14,161    +1,161,928     2,051,513 
  Securities held outright (1)                            1,478,942    +   30,121    +  999,338     1,485,134 
    U.S. Treasury securities                                740,488    +    9,449    +  260,884       744,878 
      Bills (2)                                              18,423             0    -    3,317        18,423 
      Notes and bonds, nominal (2)                          671,822    +    9,352    +  260,091       676,176 
      Notes and bonds, inflation-indexed (2)                 44,588             0    +    4,756        44,588 
      Inflation compensation (3)                              5,656    +       97    -      645         5,691 
    Federal agency debt securities (2)                      114,189    +    3,421    +  114,189       117,392 
    Mortgage-backed securities (4)                          624,264    +   17,250    +  624,264       622,864 
  Repurchase agreements (5)                                       0             0    -  103,393             0 
  Term auction credit                                       221,081             0    +   71,081       221,081 
  Other loans                                               105,988    -    1,156    +   87,418       105,842 
    Primary credit                                           29,981    -      730    +   11,512        30,458 
    Secondary credit                                            624    -       86    +      624           595 
    Seasonal credit                                            123   +        5   +       23          119 
    Primary dealer and other broker-dealer credit (6)             0             0             0             0 
    Asset-Backed Commercial Paper Money Market                
      Mutual Fund Liquidity Facility                            108    -        5    +      108            79 
    Credit extended to American International                 
      Group, Inc., net (7)                                   39,310    +      111    +   39,310        39,153 
    Term Asset-Backed Securities Loan Facility               35,842    -      450    +   35,842        35,439 
    Other credit extensions                                       0             0             0             0 
  Net portfolio holdings of Commercial Paper                  
    Funding Facility LLC (8)                                 52,086    -    4,426    +   52,086        48,997 
  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)             25,987    -        1    -    3,226        26,014 
  Net portfolio holdings of Maiden Lane II LLC (11)          14,855    +       33    +   14,855        14,943 
  Net portfolio holdings of Maiden Lane III LLC (12)         20,877    +       15    +   20,877        20,888 
  Float                                                      -1,642    +      243    -      429        -1,898 
  Central bank liquidity swaps (13)                          60,210    -    8,931    -    6,790        60,210 
  Other Federal Reserve assets (14)                          70,479    -    1,737    +   30,110        70,301 
Gold stock                                                   11,041             0             0        11,041 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (15)                           42,471    +       14    +    3,795        42,459 
                                                              
Total factors supplying reserve funds                     2,104,575    +   14,175    +1,165,723     2,107,213 
 

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
reserve balances of depository institutions at
Federal Reserve Banks
Averages of daily figures Wednesday
Aug 26, 2009
Week ended
Aug 26, 2009
Change from week ended
Aug 19, 2009 Aug 27, 2008
                                                              
Currency in circulation (15)                                909,937    -      958    +   80,481       910,702 
Reverse repurchase agreements (16)                           67,307    -      841    +   24,449        68,129 
  Foreign official and international accounts                67,307    -      841    +   24,449        68,129 
  Dealers                                                         0             0             0             0 
Treasury cash holdings                                          273    +       12    -       29           255 
Deposits with F.R. Banks, other than reserve balances       234,484    -   10,342    +  222,049       221,105 
  U.S. Treasury, general account                             26,273    -    3,494    +   21,445        12,828 
  U.S. Treasury, supplementary financing account            199,932    +        2    +  199,932       199,932 
  Foreign official                                            3,336    -       19    +    3,235         3,408 
  Service-related                                             4,617    +        2    -    2,558         4,617 
    Required clearing balances                                4,615             0    -    2,560         4,615 
    Adjustments to compensate for float                           2    +        2    +        2             2 
  Other                                                         326    -    6,833    -        6           321 
Other liabilities and capital (17)                           59,456    +      558    +   14,852        58,825 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                1,271,457    -   11,571    +  341,802     1,259,017 
                                                              
Reserve balances with Federal Reserve Banks                 833,117    +   25,745    +  823,920       848,196 
                                                                
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. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
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 4 through table 8 and the note on consolidation accompanying table 10.
 

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
 

 

1A. Memorandum Items
Millions of dollars

Memorandum item
Averages of daily figures Wednesday
Aug 26, 2009
Week ended
Aug 26, 2009
Change from week ended
Aug 19, 2009 Aug 27, 2008
                                                              
Marketable securities held in custody for foreign             
      official and international accounts (1)             2,824,622    +   10,543    +  419,726     2,825,997 
  U.S. Treasury securities                                2,043,203    +   13,561    +  608,905     2,044,310 
  Federal agency securities (2)                             781,419    -    3,017    -  189,179       781,687 
Securities lent to dealers                                   13,568    -      494    -  107,608        13,119 
  Overnight facility (3)                                     13,568    -      109    +    9,740        13,119 
    U.S. Treasury securities                                 13,375    -       99    +    9,547        12,916 
    Federal agency debt securities                              193    -        9    +      193           203 
  Term facility (4)                                               0    -      386    -  117,348             0 
 

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. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.
 

 

 

 

 

 

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, August 26, 2009
Millions of dollars
Remaining maturity
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
All
 
Term auction credit                   130,373       90,708         ---            ---          ---         ---       221,081
Other loans (1)                        19,165       12,085            0        74,592            0         ---       105,842
U.S. Treasury securities (2)                    
  Holdings                             19,285       18,091       58,914       312,547      200,238     135,804       744,878
  Weekly changes                   +    3,867   -    3,867   +       11    +    6,122   +       21  +    2,638    +    8,792
Federal agency debt securities (3)                        
  Holdings                                  0          750       15,630        75,697       23,444       1,871       117,392
  Weekly changes                            0            0   +      709    +    4,896            0           0    +    5,605
Mortgage-backed securities (4)                            
  Holdings                                  0            0            0             0            0     622,864       622,864
  Weekly changes                            0            0            0             0            0  +   13,333    +   13,333
Commercial paper held by                        
  Commercial Paper Funding                      
  Facility LLC (5)                      4,462       40,193            0           ---          ---         ---        44,655
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)       43,188       17,022            0             0            0           0        60,210
                                                
Reverse repurchase agreements (7)      68,129            0          ---           ---          ---         ---        68,129
  
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. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
Account name Wednesday
Aug 26, 2009
                                                                                                
Mortgage-backed securities held outright (1)                                                       622,864    
                                                                                                
Commitments to buy mortgage-backed securities (2)                                                  140,390    
Commitments to sell mortgage-backed securities (2)                                                       0    
                                                                                                
Cash and cash equivalents (3)                                                                          584    
 

1. 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.
2. Current face value. Generally settle within 180 days and include commitments associated with outright
transactions as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.
 

 

4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name Wednesday
Aug 26, 2009
                                                                                                
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,014    
                                                                                                
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)                                   362    
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,227    
 
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 June 30, 2009. 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 10.
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 9 and table 10.
 

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.
 

 

 

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Account name Wednesday
Aug 26, 2009
                                                                                                
Net portfolio holdings of Maiden Lane II LLC (1)                                                     14,943   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            16,899   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    194   
Deferred payment and accrued interest payable to subsidiaries of American International         
  Group, Inc. (3)                                                                                     1,025   
 

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 June 30, 2009. 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 10.
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 9 and table 10.
 

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.
 

 

6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name Wednesday
Aug 26, 2009
                                                                                                
Net portfolio holdings of Maiden Lane III LLC (1)                                                    20,888   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            20,196   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    257   
Outstanding principal amount and accrued interest on loan payable to American International     
  Group, Inc. (3)                                                                                     5,135   
 

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 June 30, 2009. 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 10.
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 9 and table 10.
 

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.
 

 

7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
Account name Wednesday
Aug 26, 2009
                                                                                                
Commercial paper holdings, net (1)                                                                   44,456   
Other investments, net                                                                                4,541   
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      48,997   
                                                                                                
Memorandum: Commercial paper holdings, face value                                                    44,655   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            44,358   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     11   
 

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 10.
 

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.
 

 

8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility
Millions of dollars
Account name Wednesday
Aug 26, 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 10.
 

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.
 

 

9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital Eliminations
from
consolidation
  Change since
Wednesday
Aug 26, 2009
Wednesday
Aug 19, 2009
Wednesday
Aug 27, 2008
Assets                                                   
Gold certificate account                                           11,037                0                   0
Special drawing rights certificate account                          2,200                0                   0
Coin                                                                1,915       +        8          +      500
Securities, repurchase agreements, term auction          
      credit, and other loans                                   1,812,057       +   27,280          +1,052,413
  Securities held outright (1)                                  1,485,134       +   27,729          +1,005,492
    U.S. Treasury securities                                      744,878       +    8,792          +  265,236
      Bills (2)                                                    18,423                0          -    3,317
      Notes and bonds, nominal (2)                                676,176       +    8,695          +  264,445
      Notes and bonds, inflation-indexed (2)                       44,588                0          +    4,756
      Inflation compensation (3)                                    5,691       +       96          -      648
    Federal agency debt securities (2)                            117,392       +    5,605          +  117,392
    Mortgage-backed securities (4)                                622,864       +   13,333          +  622,864
  Repurchase agreements (5)                                             0                0          -  111,000
  Term auction credit                                             221,081                0          +   71,081
  Other loans                                                     105,842       -      450          +   86,840
Net portfolio holdings of Commercial Paper               
  Funding Facility LLC (6)                                         48,997       -    4,745          +   48,997
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)                      26,014       +       32          -    3,233
Net portfolio holdings of Maiden Lane II LLC (9)                   14,943       +      102          +   14,943
Net portfolio holdings of                                
  Maiden Lane III LLC (10)                                         20,888       +       13          +   20,888
Items in process of collection                         (341)          449       +       78          -      477
Bank premises                                                       2,219       +        2          +       53
Central bank liquidity swaps (11)                                  60,210       -    8,931          -    6,790
Other assets (12)                                                  77,224       +      526          +   39,384
                                                         
      Total assets                                     (341)    2,078,153       +   14,364          +1,166,678
 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
 

 

9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital Eliminations
from
consolidation
  Change since
Wednesday
Aug 26, 2009
Wednesday
Aug 19, 2009
Wednesday
Aug 27, 2008
Liabilities                                              
Federal Reserve notes, net of F.R. Bank holdings                  870,409       -    1,079          +   74,715
Reverse repurchase agreements (13)                                 68,129       -      240          +   24,361
Deposits                                                 (0)    1,078,444       +   15,830          +1,053,594
  Depository institutions                                         861,955       +   43,149          +  842,578
  U.S. Treasury, general account                                   12,828       -   27,466          +    7,839
  U.S. Treasury, supplementary financing account                  199,932       +        2          +  199,932
  Foreign official                                                  3,408       +      173          +    3,308
  Other                                                  (0)          321       -       28          -       64
Deferred availability cash items                       (341)        2,346       -      192          -      268
Other liabilities and accrued dividends (14)                        8,256       +       13          +    4,496
                                                         
      Total liabilities                                (341)    2,027,585       +   14,331          +1,156,899
                                                         
Capital accounts                                         
Capital paid in                                                    24,782       +      125          +    4,593
Surplus                                                            21,331       +        9          +    2,822
Other capital accounts                                              4,455       -      100          +    2,364
                                                         
      Total capital                                                50,568       +       33          +    9,779
 

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 7 and the note on consolidation accompanying table 10.
7. Refer to table 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 and the note on consolidation accompanying table 10.
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 4 through table 8 and the note on consolidation accompanying table 10.
 

 

10. Statement of Condition of Each Federal Reserve Bank, August 26, 2009
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Assets                                                             
Gold certificate account                      11,037         412       3,895         450         467         882       1,356         911         329         197         335         621       1,182 
Special drawing rights certificate acct.       2,200         115         874          83         104         147         166         212          71          30          66          98         234 
Coin                                           1,915          60          72         159         155         249         239         233          39          59         136         202         310 
Securities, repurchase agreements, term                            
      auction credit, and other loans      1,812,057      37,088     864,630      31,055      62,342      55,818     181,298     165,254      60,441      25,195      69,067      73,815     186,054 
  Securities held outright (1)             1,485,134      28,489     580,502      23,040      58,675      53,520     178,938     160,708      58,182      24,587      67,038      71,808     179,647 
    U.S. Treasury securities                 744,878      14,289     291,155      11,556      29,429      26,843      89,748      80,604      29,181      12,332      33,623      36,016      90,103 
      Bills (2)                               18,423         353       7,201         286         728         664       2,220       1,994         722         305         832         891       2,228 
      Notes and bonds (3)                    726,456      13,936     283,954      11,270      28,701      26,179      87,528      78,610      28,460      12,027      32,792      35,125      87,874 
    Federal agency debt securities (2)       117,392       2,252      45,886       1,821       4,638       4,230      14,144      12,703       4,599       1,943       5,299       5,676      14,200 
    Mortgage-backed securities (4)           622,864      11,948     243,462       9,663      24,608      22,446      75,047      67,401      24,401      10,312      28,116      30,116      75,344 
  Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
  Term auction credit                        221,081       8,324     181,676       7,961       3,665       1,904       2,025       3,421       2,187         438       2,029       1,871       5,580 
  Other loans                                105,842         274     102,452          54           2         395         335       1,126          73         170           1         136         828 
Net portfolio holdings of Commercial                               
  Paper Funding Facility LLC (6)              48,997           0      48,997           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)                                     26,014           0      26,014           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane II LLC (9)                             14,943           0      14,943           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane III LLC (10)                           20,888           0      20,888           0           0           0           0           0           0           0           0           0           0 
Items in process of collection                   790          40           0         124         141          40         163          66          32          37          36          58          54 
Bank premises                                  2,219         121         237          69         146         239         222         207         134         112         270         249         213 
Central bank liquidity swaps (11)             60,210       2,446      15,400       6,706       4,496      17,324       4,669       2,038         607         940         602         785       4,197 
Other assets (12)                             77,224       2,030      27,050       3,695       3,890       9,112       8,134       6,382       2,272       1,264       2,586       2,841       7,967 
Interdistrict settlement account                   0   +  11,474   +  17,492   +  13,792   -   9,652   + 184,937   -  44,003   -  65,739   -  27,112   -   5,326   -  29,641   -  13,262   -  32,962 
                                                                   
      Total assets                         2,078,494      53,786   1,040,493      56,133      62,091     268,747     152,244     109,564      36,814      22,507      43,457      65,408     167,249 
 

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
 

 

10. Statement of Condition of Each Federal Reserve Bank, August 26, 2009 (continued)
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Liabilities                                                         
Federal Reserve notes outstanding           1,059,186      35,487     385,661      39,587      44,867      82,724     131,439      85,578      30,975      19,666      28,787      63,163     111,253 
  Less: Notes held by F.R. Banks              188,776       4,898      58,930       7,194       9,262      12,736      26,100      13,653       4,608       3,316       3,580      17,643      26,858 
    Federal Reserve notes, net                870,409      30,589     326,731      32,393      35,605      69,988     105,339      71,926      26,367      16,350      25,207      45,520      84,395 
Reverse repurchase agreements (13)             68,129       1,307      26,630       1,057       2,692       2,455       8,209       7,372       2,669       1,128       3,075       3,294       8,241 
Deposits                                    1,078,444      19,785     667,311      16,934      19,870     182,000      34,548      27,788       6,972       3,271      14,328      15,536      70,100 
  Depository institutions                     861,955      19,783     450,976      16,930      19,866     181,894      34,545      27,779       6,958       3,270      14,326      15,535      70,092 
  U.S. Treasury, general account               12,828           0      12,828           0           0           0           0           0           0           0           0           0           0 
  U.S. Treasury, supplementary                                      
    financing account                         199,932           0     199,932           0           0           0           0           0           0           0           0           0           0 
  Foreign official                              3,408           2       3,379           4           3          11           3           1           0           1           0           1           3 
  Other                                           321           1         196           0           1          95           0           7          13           0           1           0           6 
Deferred availability cash items                2,688          87           0         377         384         101         249         260          63         273         163         188         544 
Other liabilities and accrued                                                 
  dividends (14)                                8,256         158       4,626         175         255         503         611         514         231         137         218         274         553 
                                                                    
      Total liabilities                     2,027,926      51,927   1,025,299      50,935      58,806     255,047     148,956     107,859      36,301      21,159      42,990      64,811     163,834 
                                                                    
Capital                                                             
Capital paid in                                24,782         921       7,292       2,604       1,613       6,892       1,558         796         237         711         209         274       1,676 
Surplus                                        21,331         844       5,860       2,316       1,552       5,982       1,612         704         209         324         208         271       1,449 
Other capital                                   4,455          94       2,043         278         120         826         118         205          66         313          50          52         290 
                                                                    
      Total liabilities and capital         2,078,494      53,786   1,040,493      56,133      62,091     268,747     152,244     109,564      36,814      22,507      43,457      65,408     167,249 
                              
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
 

 

10. Statement of Condition of Each Federal Reserve Bank, August 26, 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 7 and the note on consolidation below.
7. Refer to table 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 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 4 through
table 8 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 9), 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 9).
 

 

11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral Wednesday
Aug 26, 2009
                                                                                            
Federal Reserve notes outstanding                                                              1,059,186 
  Less: Notes held by F.R. Banks not subject to collateralization                                188,776 
    Federal Reserve notes to be collateralized                                                   870,409 
Collateral held against Federal Reserve notes                                                    870,409 
  Gold certificate account                                                                        11,037 
  Special drawing rights certificate account                                                       2,200 
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                       857,173 
  Other assets pledged                                                                                 0 
                                                                                            
Memo:                                                                                       
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                         1,485,134 
  Less: Face value of securities under reverse repurchase agreements                              66,770 
    U.S. Treasury, agency debt, and mortgage-backed securities                              
    eligible to be pledged                                                                     1,418,364 
   
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.
2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
to table 1A.

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