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Release Date: Thursday, October 24, 2013
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FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT

June 12, 2014

Table 10 line items "Less: Face value of securities under reverse repurchase agreements" and "U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged" have been corrected to include securities pledged as collateral for tri-party reverse repurchase agreements.

The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.

Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41.

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks

October 24, 2013

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 23, 2013

Week ended
Oct 23, 2013

Change from week ended

Oct 16, 2013

Oct 24, 2012

Reserve Bank credit

3,782,403

+   20,360

+  980,711

3,795,630

Securities held outright1

3,553,685

+   19,380

+  950,438

3,566,226

U.S. Treasury securities

2,101,159

+   11,923

+  448,877

2,106,475

Bills2

         0

         0

         0

         0

Notes and bonds, nominal2

1,999,031

+   11,682

+  429,654

2,004,336

Notes and bonds, inflation-indexed2

    88,589

+      197

+   16,023

    88,589

Inflation compensation3

    13,539

+       43

+    3,200

    13,549

Federal agency debt securities2

    59,235

-    1,278

-   23,511

    59,080

Mortgage-backed securities4

1,393,291

+    8,735

+  525,072

1,400,671

Unamortized premiums on securities held outright5

   205,369

+      374

+   46,370

   205,606

Unamortized discounts on securities held outright5

    -8,103

-      296

-    6,446

    -8,268

Repurchase agreements6

         0

         0

         0

         0

Loans

       243

+        6

-    1,166

       239

Primary credit

        19

+        9

+       15

        13

Secondary credit

         0

         0

         0

         0

Seasonal credit

       124

-        3

+       76

       126

Term Asset-Backed Securities Loan Facility7

       100

-        1

-    1,257

       100

Other credit extensions

         0

         0

         0

         0

Net portfolio holdings of Maiden Lane LLC8

     1,493

         0

-       62

     1,495

Net portfolio holdings of Maiden Lane II LLC9

        64

         0

+        3

        64

Net portfolio holdings of Maiden Lane III LLC10

        22

         0

-        1

        22

Net portfolio holdings of TALF LLC11

       111

         0

-      743

       111

Float

      -633

+      164

-       73

      -568

Central bank liquidity swaps12

       272

         0

-   11,905

       272

Other Federal Reserve assets13

    29,881

+      733

+    4,297

    30,433

Foreign currency denominated assets14

    24,396

+      252

-    1,346

    24,531

Gold stock

    11,041

         0

         0

    11,041

Special drawing rights certificate account

     5,200

         0

         0

     5,200

Treasury currency outstanding15

    45,393

+       14

+      715

    45,393

Total factors supplying reserve funds

3,868,433

+   20,627

+  980,080

3,881,795

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 23, 2013

Week ended
Oct 23, 2013

Change from week ended

Oct 16, 2013

Oct 24, 2012

Currency in circulation15

1,215,794

-      401

+   81,462

1,217,200

Reverse repurchase agreements16

   117,957

+   15,439

+   23,521

   121,235

Foreign official and international accounts

   111,561

+   10,864

+   17,125

   105,495

Others

     6,396

+    4,575

+    6,396

    15,740

Treasury cash holdings

       184

+        5

+       49

       195

Deposits with F.R. Banks, other than reserve balances

   111,833

+   20,480

-    3,918

    96,045

Term deposits held by depository institutions

         0

         0

         0

         0

U.S. Treasury, General Account

    44,193

+    8,892

-   18,545

    35,691

Foreign official

     8,660

-      143

+    3,677

     8,652

Other

    58,979

+   11,730

+   10,949

    51,702

Other liabilities and capital17

    65,219

-    1,399

-    1,129

    64,527

Total factors, other than reserve balances,
absorbing reserve funds

1,510,986

+   34,123

+   99,983

1,499,202

Reserve balances with Federal Reserve Banks

2,357,446

-   13,498

+  880,096

2,382,593

Note: Components may not sum to totals because of rounding.

1.

Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the remaining principal balance of
the securities.

5.

Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized.  For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis.  For mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements.

7.

Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

8.

Refer to table 4 and the note on consolidation accompanying table 9.

9.

Refer to table 5 and the note on consolidation accompanying table 9.

10.

Refer to table 6 and the note on consolidation accompanying table 9.

11.

Refer to table 7 and the note on consolidation accompanying table 9.

12.

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.

13.

Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.  Also, includes Reserve Bank premises and equipment net of allowances for depreciation.

14.

Revalued daily at current foreign currency exchange rates.

15.

Estimated.

16.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

17.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 7 and the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8 and table 9.

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 23, 2013

Week ended
Oct 23, 2013

Change from week ended

Oct 16, 2013

Oct 24, 2012

Securities held in custody for foreign official and international accounts

3,322,097

+   13,890

+  127,387

3,319,826

Marketable U.S. Treasury securities1

2,964,533

+   12,476

+  134,605

2,958,077

Federal agency debt and mortgage-backed securities2

   317,188

+      781

-    9,830

   321,176

Other securities3

    40,377

+      634

+    2,612

    40,573

Securities lent to dealers

    15,342

-       29

+    7,458

    12,729

Overnight facility4

    15,342

-       29

+    7,458

    12,729

U.S. Treasury securities

    14,264

+       59

+    7,004

    11,581

Federal agency debt securities

     1,078

-       88

+      454

     1,148

Note: Components may not sum to totals because of rounding.

1.

Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.

2.

Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the securities.

3.

Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4.

Face value. Fully collateralized by U.S. Treasury securities.


2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 23, 2013

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 year
to 10 years

Over 10
years

All

Loans1

       134

         5

        49

        51

         0

...

       239

U.S. Treasury securities2

Holdings

         1

         4

       384

   662,725

   896,444

   546,917

2,106,475

Weekly changes

         0

+        1

-        1

+        4

+    6,843

+    4,594

+   11,441

Federal agency debt securities3

Holdings

         0

     4,169

    15,211

    37,291

        62

     2,347

    59,080

Weekly changes

-    1,085

+      746

-      746

         0

         0

         0

-    1,085

Mortgage-backed securities4

Holdings

         0

         0

         1

         3

     2,620

1,398,048

1,400,671

Weekly changes

         0

         0

         0

         0

+        2

+   12,921

+   12,923

Asset-backed securities held by
TALF LLC5

         0

         0

         0

         0

         0

         0

         0

Repurchase agreements6

         0

         0

...

...

...

...

         0

Central bank liquidity swaps7

       131

       141

         0

         0

         0

         0

       272

Reverse repurchase agreements6

   121,235

         0

...

...

...

...

   121,235

Term deposits

         0

         0

         0

...

...

...

         0

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 Maiden Lane LLC, Maiden Lane II LLC, Maiden
Lane III LLC, and TALF 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. The current face value shown is the remaining principal balance of the securities.

5.

Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.

6.

Cash value of agreements.

7.

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

Millions of dollars

Account name

Wednesday

Oct 23, 2013

Mortgage-backed securities held outright1

1,400,671

Commitments to buy mortgage-backed securities2

    59,476

Commitments to sell mortgage-backed securities2

         0

Cash and cash equivalents3

       105

1.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

2.

Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

3.

This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.


4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Account name

Wednesday

Oct 23, 2013

Net portfolio holdings of Maiden Lane LLC1

     1,495

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3

         0

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, 2013. Any assets purchased after
this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Account name

Wednesday

Oct 23, 2013

Net portfolio holdings of Maiden Lane II LLC1

        64

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3

         0

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, 2013. Any assets purchased after
this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American
International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are
included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.


6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Account name

Wednesday

Oct 23, 2013

Net portfolio holdings of Maiden Lane III LLC1

        22

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3

         0

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, 2013. Any assets purchased after
this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Account name

Wednesday

Oct 23, 2013

Asset-backed securities holdings1

         0

Other investments, net

       111

Net portfolio holdings of TALF LLC

       111

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3

         0

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.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extended loans with a term of up to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Prior to January 15, 2013, the U.S. Treasury's Troubled Asset Relief Program (TARP) committed backup funding to TALF LLC, providing credit protection to the FRBNY. However, the accumulated fees and income collected through the TALF and held by TALF LLC now exceed the remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. Any remaining funds will be shared by the FRBNY and the U.S. Treasury.


8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Assets, liabilities, and capital

Eliminations from consolidation

Wednesday
Oct 23, 2013

Change since

Wednesday

Wednesday

Oct 16, 2013

Oct 24, 2012

Assets

Gold certificate account

    11,037

         0

         0

Special drawing rights certificate account

     5,200

         0

         0

Coin

     1,974

-       11

-      193

Securities, unamortized premiums and discounts, repurchase agreements, and loans

3,763,803

+   23,268

+1,007,737

Securities held outright1

3,566,226

+   23,279

+  968,887

U.S. Treasury securities

2,106,475

+   11,441

+  459,951

Bills2

         0

         0

         0

Notes and bonds, nominal2

2,004,336

+   11,413

+  440,024

Notes and bonds, inflation-indexed2

    88,589

         0

+   16,645

Inflation compensation3

    13,549

+       27

+    3,280

Federal agency debt securities2

    59,080

-    1,085

-   23,666

Mortgage-backed securities4

1,400,671

+   12,923

+  532,602

Unamortized premiums on securities held outright5

   205,606

+      383

+   46,541

Unamortized discounts on securities held outright5

    -8,268

-      380

-    6,618

Repurchase agreements6

         0

         0

         0

Loans

       239

-       13

-    1,073

Net portfolio holdings of Maiden Lane LLC7

     1,495

+        2

-       64

Net portfolio holdings of Maiden Lane II LLC8

        64

         0

+        3

Net portfolio holdings of Maiden Lane III LLC9

        22

         0

-        1

Net portfolio holdings of TALF LLC10

       111

         0

-      744

Items in process of collection

(0)

        93

-        8

-      110

Bank premises

     2,288

+        3

-       62

Central bank liquidity swaps11

       272

         0

-   11,905

Foreign currency denominated assets12

    24,531

+      480

-    1,082

Other assets13

    28,146

+    1,703

+    4,490

Total assets

(0)

3,839,033

+   25,434

+  998,069

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


8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Assets, liabilities, and capital

Eliminations from consolidation

Wednesday
Oct 23, 2013

Change since

Wednesday

Wednesday

Oct 16, 2013

Oct 24, 2012

Liabilities

Federal Reserve notes, net of F.R. Bank holdings

1,173,971

+      844

+   81,126

Reverse repurchase agreements14

   121,235

+   15,580

+   29,526

Deposits

(0)

2,478,638

+    9,442

+  887,948

Term deposits held by depository institutions

         0

         0

         0

Other deposits held by depository institutions

2,382,593

-      838

+  949,352

U.S. Treasury, General Account

    35,691

+    3,825

-   17,156

Foreign official

     8,652

-      150

+    3,790

Other

(0)

    51,702

+    6,606

-   48,037

Deferred availability cash items

(0)

       661

-      719

-      119

Other liabilities and accrued dividends15

     9,634

+      287

-      558

Total liabilities

(0)

3,784,139

+   25,434

+  997,923

Capital accounts

Capital paid in

    27,447

         0

+       73

Surplus

    27,447

         0

+       73

Other capital accounts

         0

         0

         0

Total capital

    54,894

+        1

+      146

Note: Components may not sum to totals because of rounding.

1.

Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the remaining principal balance of the securities.

5.

Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized.  For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis.  For mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7.

Refer to table 4 and the note on consolidation accompanying table 9.

8.

Refer to table 5 and the note on consolidation accompanying table 9.

9.

Refer to table 6 and the note on consolidation accompanying table 9.

10.

Refer to table 7 and the note on consolidation accompanying table 9.

11.

Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to
the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign
central bank.

12.

Revalued daily at current foreign currency exchange rates.

13.

Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

14.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 7 and the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury.


9. Statement of Condition of Each Federal Reserve Bank, October 23, 2013

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Assets

Gold certificate account

    11,037

       391

     3,925

       397

       512

       856

     1,421

       792

       310

       190

       309

       728

     1,206

Special drawing rights certificate acct.

     5,200

       196

     1,818

       210

       237

       412

       654

       424

       150

        90

       153

       282

       574

Coin

     1,974

        35

        89

       128

       132

       340

       202

       284

        27

        46

       156

       184

       351

Securities, unamortized premiums and discounts, repurchase agreements,
and loans

3,763,803

    98,413

2,087,150

   109,047

    96,119

   234,022

   250,024

   203,391

    60,577

    35,761

    71,222

   146,159

   371,917

Securities held outright1

3,566,226

    93,253

1,977,618

   103,329

    91,078

   221,751

   236,900

   192,706

    57,382

    33,841

    67,469

   138,485

   352,414

U.S. Treasury securities

2,106,475

    55,082

1,168,127

    61,034

    53,797

   130,982

   139,930

   113,826

    33,894

    19,989

    39,852

    81,800

   208,162

Bills2

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Notes and bonds3

2,106,475

    55,082

1,168,127

    61,034

    53,797

   130,982

   139,930

   113,826

    33,894

    19,989

    39,852

    81,800

   208,162

Federal agency debt securities2

    59,080

     1,545

    32,762

     1,712

     1,509

     3,674

     3,925

     3,192

       951

       561

     1,118

     2,294

     5,838

Mortgage-backed securities4

1,400,671

    36,626

   776,729

    40,583

    35,772

    87,095

    93,045

    75,687

    22,537

    13,291

    26,499

    54,391

   138,414

Unamortized premiums on securities held outright5

   205,606

     5,376

   114,017

     5,957

     5,251

    12,785

    13,658

    11,110

     3,308

     1,951

     3,890

     7,984

    20,318

Unamortized discounts on securities held outright5

    -8,268

      -216

    -4,585

      -240

      -211

      -514

      -549

      -447

      -133

       -78

      -156

      -321

      -817

Repurchase agreements6

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Loans

       239

         0

       100

         0

         1

         0

        15

        21

        20

        48

        20

        11

         2

Net portfolio holdings of Maiden

Lane LLC7

     1,495

         0

     1,495

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane II LLC8

        64

         0

        64

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane III LLC9

        22

         0

        22

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of TALF LLC10

       111

         0

       111

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Items in process of collection

        93

         0

         0

         0

         0

         0

        92

         0

         0

         0

         0

         0

         0

Bank premises

     2,288

       118

       428

        73

       112

       229

       211

       204

       127

       100

       248

       233

       205

Central bank liquidity swaps11

       272

        13

        87

        21

        21

        57

        15

         8

         2

         1

         3

         4

        39

Foreign currency denominated assets12

    24,531

     1,205

     7,844

     1,897

     1,913

     5,151

     1,397

       699

       204

       103

       248

       389

     3,479

Other assets13

    28,146

       773

    15,162

       823

       729

     1,930

     1,879

     1,511

       512

       329

       555

     1,190

     2,753

Interdistrict settlement account

         0

-   26,443

+  275,951

-   29,627

-   16,869

-   35,932

-   54,851

-   51,808

-   17,515

-   15,532

-   27,035

-   35,298

+   34,959

Total assets

3,839,033

    74,703

2,394,145

    82,968

    82,905

   207,065

   201,045

   155,505

    44,396

    21,088

    45,860

   113,871

   415,483

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


9. Statement of Condition of Each Federal Reserve Bank, October 23, 2013 (continued)

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Liabilities

Federal Reserve notes outstanding

1,462,171

    46,189

   540,844

    43,758

    60,907

   110,898

   178,465

    94,097

    36,796

    23,083

    38,531

   119,709

   168,893

Less: Notes held by F.R. Banks

   288,199

    11,805

    74,793

     8,163

     8,380

    12,543

    28,919

    21,813

     4,310

    10,327

    12,499

    57,593

    37,052

Federal Reserve notes, net

1,173,971

    34,384

   466,051

    35,595

    52,527

    98,354

   149,546

    72,284

    32,485

    12,755

    26,032

    62,116

   131,841

Reverse repurchase agreements14

   121,235

     3,170

    67,230

     3,513

     3,096

     7,538

     8,053

     6,551

     1,951

     1,150

     2,294

     4,708

    11,980

Deposits

2,478,638

    34,259

1,838,801

    39,283

    22,551

    88,827

    39,009

    74,620

     9,278

     6,672

    16,763

    45,746

   262,831

Term deposits held by depository institutions

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Other deposits held by depository institutions

2,382,593

    34,256

1,743,076

    39,223

    22,548

    88,622

    38,997

    74,597

     9,277

     6,672

    16,761

    45,745

   262,818

U.S. Treasury, General Account

    35,691

         0

    35,691

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Foreign official

     8,652

         2

     8,625

         3

         3

         8

         2

         1

         0

         0

         0

         1

         6

Other

    51,702

         1

    51,408

        57

         0

       196

        10

        21

         0

         0

         1

         1

         7

Deferred availability cash items

       661

         0

         0

         0

         0

         0

       558

         0

         0

       102

         0

         0

         0

Interest on Federal Reserve notes due
to U.S. Treasury15

     2,255

        90

     1,135

        66

        85

       205

       151

       113

        33

        22

        39

        77

       239

Other liabilities and accrued
dividends16

     7,379

       245

     3,455

       291

       285

       708

       526

       425

       186

       155

       170

       310

       623

Total liabilities

3,784,139

    72,148

2,376,672

    78,747

    78,546

   195,632

   197,844

   153,993

    43,932

    20,856

    45,297

   112,957

   407,515

Capital

Capital paid in

    27,447

     1,277

     8,737

     2,110

     2,179

     5,716

     1,600

       756

       232

       116

       282

       457

     3,984

Surplus

    27,447

     1,277

     8,737

     2,110

     2,179

     5,716

     1,600

       756

       232

       116

       282

       457

     3,984

Other capital

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Total liabilities and capital

3,839,033

    74,703

2,394,145

    82,968

    82,905

   207,065

   201,045

   155,505

    44,396

    21,088

    45,860

   113,871

   415,483

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


9. Statement of Condition of Each Federal Reserve Bank, October 23, 2013 (continued)

1.

Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the remaining principal balance of the securities.

5.

Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized.  For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis.  For mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7.

Refer to table 4 and the note on consolidation below.

8.

Refer to table 5 and the note on consolidation below.

9.

Refer to table 6 and the note on consolidation below.

10.

Refer to table 7 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.

Revalued daily at current foreign currency exchange rates.

13.

Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

14.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15.

Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount necessary to equate surplus with capital paid-in.

16.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 7 and the note on consolidation below.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On 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. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 8).

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts

Millions of dollars

Federal Reserve notes and collateral

Wednesday

Oct 23, 2013

Federal Reserve notes outstanding

1,462,171

Less: Notes held by F.R. Banks not subject to collateralization

   288,199

Federal Reserve notes to be collateralized

1,173,971

Collateral held against Federal Reserve notes

1,173,971

Gold certificate account

    11,037

Special drawing rights certificate account

     5,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2

1,157,735

Other assets pledged

         0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2

3,566,226

Less: Face value of securities under reverse repurchase agreements

    109,066

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged

3,457,159

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 securities lending facility; refer to table 1A.


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