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Release Date:  October 29, 2009
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For release at
4:30 p.m. EDT
October 29, 2009


The weekly average value of the net portfolio holdings of Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC, shown in table 1, reflect holdings from Thursday, October 22, 2009, through Wednesday, October 28, 2009. The holdings for the first six days of this reporting week are based on the values as of June 30, 2009. The holdings for the final day of the reporting week are based on the values as of September 30, 2009, the quarterly revaluation date. The fair value of the net portfolio holdings is updated quarterly.

FEDERAL RESERVE statistical release
 

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
October 29, 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
Oct 28, 2009
Week ended
Oct 28, 2009
Change from week ended
Oct 21, 2009 Oct 29, 2008
                                                              
Reserve Bank credit                                       2,154,356    -   17,385    +  281,403     2,143,997 
  Securities held outright (1)                            1,692,177    +   14,292    +1,201,795     1,690,228 
    U.S. Treasury securities                                774,552    +    1,076    +  298,067       774,561 
      Bills (2)                                              18,423             0             0        18,423 
      Notes and bonds, nominal (2)                          705,713    +    1,050    +  294,956       705,713 
      Notes and bonds, inflation-indexed (2)                 44,643             0    +    3,837        44,643 
      Inflation compensation (3)                              5,774    +       26    -      725         5,783 
    Federal agency debt securities (2)                      141,601    +    3,735    +  127,704       141,601 
    Mortgage-backed securities (4)                          776,025    +    9,482    +  776,025       774,066 
  Repurchase agreements (5)                                       0             0    -   80,000             0 
  Term auction credit                                       139,245    -   16,196    -  162,118       139,245 
  Other loans                                               107,630    -      539    -  281,179       109,179 
    Primary credit                                           22,578    -    1,262    -   89,368        22,528 
    Secondary credit                                            375    -       49    +      374           370 
    Seasonal credit                                             74   -        3   +       57           78 
    Primary dealer and other broker-dealer credit (6)             0             0    -   87,393             0 
    Asset-Backed Commercial Paper Money Market                
      Mutual Fund Liquidity Facility                              0             0    -   99,902             0 
    Credit extended to American International                 
      Group, Inc., net (7)                                   42,786    +    1,825    -   46,763        44,800 
    Term Asset-Backed Securities Loan Facility               41,818    -    1,049    +   41,818        41,403 
    Other credit extensions                                       0             0             0             0 
  Net portfolio holdings of Commercial Paper                  
    Funding Facility LLC (8)                                 32,256    -    7,556    -    8,563        19,023 
  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)             26,381    +       15    -      428        26,282 
  Net portfolio holdings of Maiden Lane II LLC (11)          14,695    +      228    +   14,695        16,007 
  Net portfolio holdings of Maiden Lane III LLC (12)         20,656    +      426    +   20,656        23,167 
  Float                                                      -2,476    -      652    -    1,237        -1,971 
  Central bank liquidity swaps (13)                          33,315    -    8,322    -  469,952        32,930 
  Other Federal Reserve assets (14)                          90,476    +      916    +   47,732        89,907 
Gold stock                                                   11,041             0             0        11,041 
Special drawing rights certificate account                    5,200             0    +    3,000         5,200 
Treasury currency outstanding (15)                           42,605    +       13    +    3,931        42,649 
                                                              
Total factors supplying reserve funds                     2,213,202    -   17,372    +  288,334     2,202,887 
 

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
Oct 28, 2009
Week ended
Oct 28, 2009
Change from week ended
Oct 21, 2009 Oct 29, 2008
                                                              
Currency in circulation (15)                                913,756    -    1,792    +   56,421       915,170 
Reverse repurchase agreements (16)                           65,737    +    1,930    -   28,586        64,446 
  Foreign official and international accounts                65,737    +    1,930    -    3,586        64,446 
  Dealers                                                         0             0    -   25,000             0 
Treasury cash holdings                                          284    -       17    +       15           257 
Deposits with F.R. Banks, other than reserve balances        86,496    -   68,214    -  581,070        78,364 
  U.S. Treasury, general account                             43,241    -   40,220    -   57,495        30,563 
  U.S. Treasury, supplementary financing account             29,992    -   34,988    -  528,872        29,992 
  Foreign official                                            2,297    +      642    +    2,123         3,415 
  Service-related                                             3,237    -      158    -    2,761         3,237 
    Required clearing balances                                3,237    -      158    -    2,761         3,237 
    Adjustments to compensate for float                           0             0             0             0 
  Other                                                       7,730    +    6,511    +    5,936        11,158 
Other liabilities and capital (17)                           61,537    -      594    +   17,091        64,428 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                1,127,810    -   68,687    -  536,129     1,122,666 
                                                              
Reserve balances with Federal Reserve Banks               1,085,392    +   51,314    +  824,463     1,080,221 
                                                                
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
Oct 28, 2009
Week ended
Oct 28, 2009
Change from week ended
Oct 21, 2009 Oct 29, 2008
                                                              
Marketable securities held in custody for foreign             
      official and international accounts (1)             2,898,585    +   11,379    +  412,393     2,897,927 
  U.S. Treasury securities                                2,135,910    +   11,754    +  564,736     2,137,416 
  Federal agency securities (2)                             762,675    -      376    -  152,343       760,511 
Securities lent to dealers                                    6,308    -    1,100    -  216,258         5,535 
  Overnight facility (3)                                      6,308    -    1,100    -   18,759         5,535 
    U.S. Treasury securities                                  5,649    -    1,166    -   19,418         5,222 
    Federal agency debt securities                              659    +       66    +      659           313 
  Term facility (4)                                               0             0    -  197,499             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, October 28, 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                    42,941       96,304         ---            ---          ---         ---       139,245
Other loans (1)                        18,195        4,782            0        86,203            0         ---       109,179
U.S. Treasury securities (2)                    
  Holdings                             15,344       26,706       55,499       324,037      210,318     142,657       774,561
  Weekly changes                   -    3,520   +    3,521   +        2    +        7   +        6  +    1,060    +    1,075
Federal agency debt securities (3)                        
  Holdings                                  0           98       22,353        86,370       30,744       2,036       141,601
  Weekly changes                            0            0   +    1,062    -    1,062   +    1,741  +       19    +    1,760
Mortgage-backed securities (4)                            
  Holdings                                  0            0            0             0            0     774,066       774,066
  Weekly changes                            0            0            0             0            0  -    2,802    -    2,802
Commercial paper held by                        
  Commercial Paper Funding                      
  Facility LLC (5)                      4,884        9,679            0           ---          ---         ---        14,563
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)       26,638        6,292            0             0            0           0        32,930
                                                
Reverse repurchase agreements (7)      64,446            0          ---           ---          ---         ---        64,446
  
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
Oct 28, 2009
                                                                                                
Mortgage-backed securities held outright (1)                                                       774,066    
                                                                                                
Commitments to buy mortgage-backed securities (2)                                                  170,604    
Commitments to sell mortgage-backed securities (2)                                                   1,731    
                                                                                                
Cash and cash equivalents (3)                                                                          464    
 

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
Oct 28, 2009
                                                                                                
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,282    
                                                                                                
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)                                   387    
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,237    
 
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 September 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
Oct 28, 2009
                                                                                                
Net portfolio holdings of Maiden Lane II LLC (1)                                                     16,007   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            16,296   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    231   
Deferred payment and accrued interest payable to subsidiaries of American International         
  Group, Inc. (3)                                                                                     1,031   
 

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 September 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
Oct 28, 2009
                                                                                                
Net portfolio holdings of Maiden Lane III LLC (1)                                                    23,167   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            19,036   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    300   
Outstanding principal amount and accrued interest on loan payable to American International     
  Group, Inc. (3)                                                                                     5,164   
 

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 September 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
Oct 28, 2009
                                                                                                
Commercial paper holdings, net (1)                                                                   14,240   
Other investments, net                                                                                4,784   
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      19,023   
                                                                                                
Memorandum: Commercial paper holdings, face value                                                    14,563   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            14,467   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      3   
 

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
Oct 28, 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
Oct 28, 2009
Wednesday
Oct 21, 2009
Wednesday
Oct 29, 2008
Assets                                                   
Gold certificate account                                           11,037                0                   0
Special drawing rights certificate account                          5,200                0          +    3,000
Coin                                                                2,063       +       38          +      418
Securities, repurchase agreements, term auction          
      credit, and other loans                                   1,938,652       -   14,438          +  697,437
  Securities held outright (1)                                  1,690,228       +       33          +1,200,139
    U.S. Treasury securities                                      774,561       +    1,075          +  298,092
      Bills (2)                                                    18,423                0                   0
      Notes and bonds, nominal (2)                                705,713       +    1,050          +  294,956
      Notes and bonds, inflation-indexed (2)                       44,643                0          +    3,837
      Inflation compensation (3)                                    5,783       +       25          -      701
    Federal agency debt securities (2)                            141,601       +    1,760          +  127,981
    Mortgage-backed securities (4)                                774,066       -    2,802          +  774,066
  Repurchase agreements (5)                                             0                0          -   80,000
  Term auction credit                                             139,245       -   16,195          -  162,118
  Other loans                                                     109,179       +    1,724          -  260,584
Net portfolio holdings of Commercial Paper               
  Funding Facility LLC (6)                                         19,023       -   20,406          -  125,785
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)                      26,282       -      116          -      566
Net portfolio holdings of Maiden Lane II LLC (9)                   16,007       +    1,531          +   16,007
Net portfolio holdings of                                
  Maiden Lane III LLC (10)                                         23,167       +    2,930          +   23,167
Items in process of collection                         (297)          415       -      121          -      668
Bank premises                                                       2,229       +        4          +       55
Central bank liquidity swaps (11)                                  32,930       -    8,707          -  465,930
Other assets (12)                                                  87,668       -      311          +   46,859
                                                         
      Total assets                                     (297)    2,164,673       -   39,595          +  193,993
 

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
Oct 28, 2009
Wednesday
Oct 21, 2009
Wednesday
Oct 29, 2008
Liabilities                                              
Federal Reserve notes, net of F.R. Bank holdings                  874,838       -      485          +   51,125
Reverse repurchase agreements (13)                                 64,446       +      838          -   30,209
Deposits                                                 (0)    1,158,575       -   42,482          +  152,877
  Depository institutions                                       1,083,447       +   23,878          +  657,475
  U.S. Treasury, general account                                   30,563       -   43,167          +   11,079
  U.S. Treasury, supplementary financing account                   29,992       -   34,988          -  528,872
  Foreign official                                                  3,415       +    1,648          +    3,228
  Other                                                  (0)       11,158       +   10,147          +    9,966
Deferred availability cash items                       (297)        2,386       -      198          +       69
Other liabilities and accrued dividends (14)                       11,911       +    1,397          +    8,032
                                                         
      Total liabilities                                (297)    2,112,155       -   40,931          +  181,894
                                                         
Capital accounts                                         
Capital paid in                                                    24,943       +       21          +    4,629
Surplus                                                            21,406       +        8          +    3,071
Other capital accounts                                              6,168       +    1,306          +    4,399
                                                         
      Total capital                                                52,517       +    1,335          +   12,099
 

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, October 28, 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.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574 
Coin                                           2,063          67          83         168         153         282         248         274          37          64         140         218         329 
Securities, repurchase agreements, term                            
      auction credit, and other loans      1,938,652      40,940     875,623      32,195      69,582      62,393     204,428     186,368      67,687      28,418      77,464      82,182     211,374 
  Securities held outright (1)             1,690,228      32,424     660,669      26,222      66,778      60,911     203,649     182,901      66,217      27,982      76,295      81,725     204,456 
    U.S. Treasury securities                 774,561      14,858     302,757      12,017      30,601      27,913      93,324      83,816      30,344      12,823      34,963      37,451      93,693 
      Bills (2)                               18,423         353       7,201         286         728         664       2,220       1,994         722         305         832         891       2,228 
      Notes and bonds (3)                    756,138      14,505     295,556      11,731      29,874      27,249      91,104      81,822      29,623      12,518      34,131      36,560      91,465 
    Federal agency debt securities (2)       141,601       2,716      55,348       2,197       5,594       5,103      17,061      15,323       5,547       2,344       6,392       6,847      17,129 
    Mortgage-backed securities (4)           774,066      14,849     302,563      12,009      30,582      27,895      93,264      83,762      30,325      12,815      34,941      37,427      93,634 
  Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
  Term auction credit                        139,245       8,342     108,016       5,683       2,804       1,267         536       2,620       1,432         305       1,159         450       6,632 
  Other loans                                109,179         175     106,938         290           0         216         243         847          38         131          10           7         286 
Net portfolio holdings of Commercial                               
  Paper Funding Facility LLC (6)              19,023           0      19,023           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)                                     26,282           0      26,282           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane II LLC (9)                             16,007           0      16,007           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane III LLC (10)                           23,167           0      23,167           0           0           0           0           0           0           0           0           0           0 
Items in process of collection                   712          16           0          77         168         132         211          31          30          27          20          46         -47 
Bank premises                                  2,229         120         249          69         146         238         222         206         134         111         269         253         212 
Central bank liquidity swaps (11)             32,930       1,312       8,885       3,599       2,413       9,296       2,505       1,093         326         504         323         421       2,252 
Other assets (12)                             87,668       2,260      30,979       3,843       4,352       9,711       9,375       7,465       2,678       1,443       3,032       3,322       9,209 
Interdistrict settlement account                   0   +   9,664   +  60,032   +  21,305   -  16,531   + 216,317   -  65,209   -  85,725   -  34,453   -   7,780   -  32,307   -  17,361   -  47,950 
                                                                   
      Total assets                         2,164,970      54,988   1,066,043      61,916      60,986     299,662     153,789     111,047      36,918      23,073      49,429      69,983     177,135 
 

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, October 28, 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           1,069,952      35,277     392,421      39,029      45,058      82,029     132,342      85,641      30,794      19,470      28,673      63,169     116,049 
  Less: Notes held by F.R. Banks              195,113       5,029      65,998       6,926       9,778      11,935      27,293      14,399       4,779       3,162       3,501      14,740      27,574 
    Federal Reserve notes, net                874,838      30,248     326,423      32,103      35,280      70,094     105,049      71,242      26,015      16,308      25,172      48,429      88,475 
Reverse repurchase agreements (13)             64,446       1,236      25,190       1,000       2,546       2,322       7,765       6,974       2,525       1,067       2,909       3,116       7,796 
Deposits                                    1,158,575      21,395     689,704      22,976      18,822     212,524      36,857      30,709       7,577       3,804      20,525      17,411      76,271 
  Depository institutions                   1,083,447      21,386     614,785      22,971      18,818     212,385      36,853      30,670       7,574       3,804      20,524      17,410      76,267 
  U.S. Treasury, general account               30,563           0      30,563           0           0           0           0           0           0           0           0           0           0 
  U.S. Treasury, supplementary                                      
    financing account                          29,992           0      29,992           0           0           0           0           0           0           0           0           0           0 
  Foreign official                              3,415           2       3,386           4           3          11           3           1           0           1           0           1           3 
  Other                                        11,158           8      10,979           0           1         128           0          37           2           0           1           0           1 
Deferred availability cash items                2,683          59           0         414         434         166         261         164          52         315         139         139         541 
Other liabilities and accrued                                                 
  dividends (14)                               11,911         164       8,177         202         270         569         609         508         228         143         214         272         555 
                                                                    
      Total liabilities                     2,112,453      53,102   1,049,494      56,694      57,353     285,676     150,541     109,596      36,396      21,637      48,959      69,366     173,638 
                                                                    
Capital                                                             
Capital paid in                                24,943         944       7,314       2,617       1,802       7,002       1,513         626         240         711         209         281       1,685 
Surplus                                        21,406         844       5,935       2,316       1,551       5,982       1,612         704         209         324         207         271       1,450 
Other capital                                   6,168          98       3,300         288         280       1,003         124         122          73         401          53          64         363 
                                                                    
      Total liabilities and capital         2,164,970      54,988   1,066,043      61,916      60,986     299,662     153,789     111,047      36,918      23,073      49,429      69,983     177,135 
                              
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, October 28, 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
Oct 28, 2009
                                                                                            
Federal Reserve notes outstanding                                                              1,069,952 
  Less: Notes held by F.R. Banks not subject to collateralization                                195,113 
    Federal Reserve notes to be collateralized                                                   874,838 
Collateral held against Federal Reserve notes                                                    874,838 
  Gold certificate account                                                                        11,037 
  Special drawing rights certificate account                                                       5,200 
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                       858,601 
  Other assets pledged                                                                                 0 
                                                                                            
Memo:                                                                                       
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                         1,690,228 
  Less: Face value of securities under reverse repurchase agreements                              64,001 
    U.S. Treasury, agency debt, and mortgage-backed securities                              
    eligible to be pledged                                                                     1,626,227 
   
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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