Skip to Content
Release Date: April 22, 2010
Release dates | Historical data | Data Download Program (DDP) |
About |
Announcements
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
April 22, 2010
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and Averages of daily figures Wednesday
reserve balances of depository institutions at Week ended Change from week ended Apr 21, 2010
Federal Reserve Banks Apr 21, 2010 Apr 14, 2010 Apr 22, 2009
Reserve Bank credit 2,318,211 + 20,456 + 149,058 2,320,083
Securities held outright (1) 2,045,482 + 21,584 +1,091,436 2,047,547
U.S. Treasury securities 776,713 + 4 + 248,023 776,714
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 712,258 + 3,386 + 247,226 712,258
Notes and bonds, inflation-indexed (2) 40,891 - 2,886 + 130 40,891
Inflation compensation (3) 5,142 - 496 + 668 5,143
Federal agency debt securities (2) 168,903 - 12 + 106,146 168,903
Mortgage-backed securities (4) 1,099,865 + 21,592 + 737,266 1,101,929
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 0 - 455,799 0
Other loans 78,836 - 1,227 - 25,865 78,424
Primary credit 6,227 - 543 - 36,885 6,109
Secondary credit 600 0 + 539 600
Seasonal credit 24 + 3 + 23 27
Primary dealer and other broker-dealer credit (6) 0 0 - 9,214 0
Asset-Backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 0 0 - 950 0
Credit extended to American International
Group, Inc., net (7) 24,964 - 574 - 20,019 24,811
Term Asset-Backed Securities Loan Facility (8) 47,021 - 112 + 40,642 46,878
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (9) 7,812 + 12 - 233,085 7,821
Net portfolio holdings of Maiden Lane LLC (10) 27,529 + 97 + 1,084 27,574
Net portfolio holdings of Maiden Lane II LLC (11) 15,192 + 1 - 3,045 15,199
Net portfolio holdings of Maiden Lane III LLC (12) 22,037 + 107 - 5,377 22,046
Net portfolio holdings of TALF LLC (13) 409 + 5 + 409 439
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (14) 25,416 0 + 25,416 25,416
Float -1,919 - 128 + 433 -2,111
Central bank liquidity swaps (15) 0 0 - 286,274 0
Other Federal Reserve assets (16) 97,417 + 4 + 39,726 97,728
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 + 3,000 5,200
Treasury currency outstanding (17) 42,841 + 14 + 527 42,841
Total factors supplying reserve funds 2,377,294 + 20,471 + 152,586 2,379,165
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 Averages of daily figures Wednesday
reserve balances of depository institutions at Week ended Change from week ended Apr 21, 2010
Federal Reserve Banks Apr 21, 2010 Apr 14, 2010 Apr 22, 2009
Currency in circulation (17) 934,474 - 941 + 31,181 935,292
Reverse repurchase agreements (18) 54,091 - 589 - 11,675 52,078
Foreign official and international accounts 54,091 - 589 - 11,675 52,078
Dealers 0 0 0 0
Treasury cash holdings 232 + 24 - 101 218
Deposits with F.R. Banks, other than reserve balances 251,456 + 47,319 - 22,791 267,065
U.S. Treasury, general account 46,088 + 34,422 - 19,632 61,746
U.S. Treasury, supplementary financing account 199,961 + 24,994 + 32 199,961
Foreign official 2,304 - 913 + 5 2,233
Service-related 2,736 + 29 - 1,631 2,736
Required clearing balances 2,707 0 - 1,660 2,707
Adjustments to compensate for float 30 + 30 + 30 30
Other 368 - 11,212 - 1,563 389
Other liabilities and capital (19) 69,369 + 1,160 + 13,261 68,244
Total factors, other than reserve balances,
absorbing reserve funds 1,309,622 + 46,972 + 9,875 1,322,897
Reserve balances with Federal Reserve Banks 1,067,671 - 26,502 + 142,710 1,056,269
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. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
Asset-Backed Securities Loan Facility.
9. Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
eligible borrowers through the Term Asset-Backed Securities Loan Facility.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
securities.
19. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 8 and the note on consolidation accompanying table 11.
Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
1A. Memorandum Items
Millions of dollars
Averages of daily figures Wednesday
Week ended Change from week ended Apr 21, 2010
Memorandum item Apr 21, 2010 Apr 14, 2010 Apr 22, 2009
Marketable securities held in custody for foreign
official and international accounts (1) 3,056,224 + 21,817 + 408,682 3,052,360
U.S. Treasury securities 2,270,801 + 19,759 + 429,331 2,266,762
Federal agency securities (2) 785,423 + 2,058 - 20,649 785,599
Securities lent to dealers 5,949 - 580 - 42,764 5,530
Overnight facility (3) 5,949 - 580 + 1,215 5,530
U.S. Treasury securities 4,784 - 545 + 50 4,149
Federal agency debt securities 1,165 - 35 + 1,165 1,381
Term facility (4) 0 0 - 43,979 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, April 21, 2010
Millions of dollars
Within 15 16 days to 91 days to Over 1 year Over 5 years Over 10 All
Remaining maturity days 90 days 1 year to 5 years to 10 years years
Term auction credit 0 0 ... ... ... ... 0
Other loans (1) 6,734 2 0 71,688 0 ... 78,424
U.S. Treasury securities (2)
Holdings 17,393 16,678 48,503 331,703 217,540 144,897 776,714
Weekly changes - 1,094 - 4,886 + 3,167 - 261 + 2,125 + 953 + 3
Federal agency debt securities (3)
Holdings 791 8,731 30,921 92,565 33,548 2,347 168,903
Weekly changes + 791 + 1,939 - 302 - 2,428 0 0 0
Mortgage-backed securities (4)
Holdings 0 0 0 33 20 1,101,875 1,101,929
Weekly changes 0 0 0 - 1 - 1 + 55 + 55
Commercial paper held by
Commercial Paper Funding
Facility LLC (5) 2,966 0 0 ... ... ... 2,966
Asset-backed securities held by
TALF LLC (6) 0 0 0 0 0 0 0
Repurchase agreements (7) 0 0 ... ... ... ... 0
Reverse repurchase agreements (7) 52,078 0 ... ... ... ... 52,078
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, 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. 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.
3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
Wednesday
Account name Apr 21, 2010
Mortgage-backed securities held outright (1) 1,101,929
Commitments to buy mortgage-backed securities (2) 66,614
Commitments to sell mortgage-backed securities (2) 0
Cash and cash equivalents (3) 847
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 10 and table 11.
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Wednesday
Account name Apr 21, 2010
Net portfolio holdings of Maiden Lane LLC (1) 27,574
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) 470
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,268
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
December 31, 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 11.
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 10 and table 11.
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
Wednesday
Account name Apr 21, 2010
Net portfolio holdings of Maiden Lane II LLC (1) 15,199
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 14,756
Accrued interest payable to the Federal Reserve Bank of New York (2) 324
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,047
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
December 31, 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 11.
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
10 and table 11.
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
Wednesday
Account name Apr 21, 2010
Net portfolio holdings of Maiden Lane III LLC (1) 22,046
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 16,583
Accrued interest payable to the Federal Reserve Bank of New York (2) 407
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,244
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
December 31, 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 11.
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 10 and table 11.
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
Wednesday
Account name Apr 21, 2010
Commercial paper holdings, net (1) 2,950
Other investments, net 4,871
Net portfolio holdings of Commercial Paper Funding Facility LLC 7,821
Memorandum: Commercial paper holdings, face value 2,966
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 2,942
Accrued interest payable to the Federal Reserve Bank of New York (2) 2
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 11.
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 TALF LLC
Millions of dollars
Wednesday
Account name Apr 21, 2010
Asset-backed securities holdings (1) 0
Other investments, net 439
Net portfolio holdings of TALF LLC 439
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
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3) 104
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 11.
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 10 and table 11.
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) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. 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. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.
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.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $20 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.
9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
Wednesday
Account name Apr 21, 2010
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1) 25,416
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2) 73
Preferred interests in AIA Aurora LLC (1) 16,266
Accrued dividends on preferred interests in AIA Aurora LLC (2) 47
Preferred interests in ALICO Holdings LLC (1) 9,150
Accrued dividends on preferred interests in ALICO Holdings LLC (2) 26
Note: Components may not sum to totals because of rounding.
1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.
Note on preferred interests:
In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.
Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Eliminations from Wednesday Change since
consolidation Apr 21, 2010 Wednesday Wednesday
Assets, liabilities, and capital Apr 14, 2010 Apr 22, 2009
Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 + 3,000
Coin 2,095 + 28 + 225
Securities, repurchase agreements, term auction
credit, and other loans 2,125,971 - 841 + 600,114
Securities held outright (1) 2,047,547 + 60 +1,080,477
U.S. Treasury securities 776,714 + 3 + 241,745
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 712,258 + 3,386 + 241,226
Notes and bonds, inflation-indexed (2) 40,891 - 2,886 - 85
Inflation compensation (3) 5,143 - 496 + 605
Federal agency debt securities (2) 168,903 0 + 104,392
Mortgage-backed securities (4) 1,101,929 + 55 + 734,339
Repurchase agreements (5) 0 0 0
Term auction credit 0 0 - 455,799
Other loans 78,424 - 901 - 24,564
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 7,821 + 12 - 234,610
Net portfolio holdings of Maiden Lane LLC (7) 27,574 + 52 + 1,093
Net portfolio holdings of Maiden Lane II LLC (8) 15,199 + 8 - 3,054
Net portfolio holdings of Maiden Lane III LLC (9) 22,046 + 10 - 5,383
Net portfolio holdings of TALF LLC (10) 439 + 35 + 439
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (11) 25,416 0 + 25,416
Items in process of collection (55) 200 + 16 - 603
Bank premises 2,239 0 + 48
Central bank liquidity swaps (12) 0 0 - 282,863
Other assets (13) 95,777 - 1,043 + 38,922
Total assets (55) 2,341,015 - 1,722 + 142,746
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Eliminations from Wednesday Change since
consolidation Apr 21, 2010 Wednesday Wednesday
Assets, liabilities, and capital Apr 14, 2010 Apr 22, 2009
Liabilities
Federal Reserve notes, net of F.R. Bank holdings 894,760 - 690 + 31,800
Reverse repurchase agreements (14) 52,078 - 3,148 - 12,603
Deposits (0) 1,323,622 + 3,507 + 112,450
Depository institutions 1,059,294 - 4,686 + 143,521
U.S. Treasury, general account 61,746 + 52,268 - 31,787
U.S. Treasury, supplementary financing account 199,961 + 24,994 + 32
Foreign official 2,233 - 413 + 639
Other (0) 389 - 68,655 + 46
Deferred availability cash items (55) 2,311 - 122 - 1,453
Other liabilities and accrued dividends (15) 14,384 - 789 + 4,691
Total liabilities (55) 2,287,154 - 1,243 + 134,885
Capital accounts
Capital paid in 26,228 + 5 + 3,617
Surplus 25,589 + 33 + 4,408
Other capital accounts 2,044 - 518 - 165
Total capital 53,860 - 480 + 7,860
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 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9. Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to 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 other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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
8 and the note on consolidation accompanying table 11.
11. Statement of Condition of Each Federal Reserve Bank, April 21, 2010
Millions of dollars
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
Assets, liabilities, and capital City Francisco
Assets
Gold certificate account 11,037 369 4,038 404 463 846 1,385 887 324 203 296 652 1,170
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,095 75 81 166 154 308 191 334 27 67 145 202 346
Securities, repurchase agreements,
term auction credit, and other
loans 2,125,971 51,822 913,796 47,849 69,567 233,200 193,773 154,388 52,758 28,045 70,242 85,978 224,553
Securities held outright (1) 2,047,547 51,817 835,507 47,816 69,567 233,194 193,754 154,357 52,741 28,030 70,239 85,977 224,547
U.S. Treasury securities 776,714 19,656 316,941 18,139 26,389 88,459 73,499 58,554 20,007 10,633 26,644 32,615 85,179
Bills (2) 18,423 466 7,517 430 626 2,098 1,743 1,389 475 252 632 774 2,020
Notes and bonds (3) 758,292 19,190 309,423 17,708 25,763 86,361 71,755 57,165 19,532 10,381 26,012 31,841 83,159
Federal agency debt securities (2) 168,903 4,274 68,921 3,944 5,739 19,236 15,983 12,733 4,351 2,312 5,794 7,092 18,523
Mortgage-backed securities (4) 1,101,929 27,886 449,645 25,733 37,439 125,498 104,273 83,070 28,384 15,085 37,801 46,271 120,844
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Term auction credit 0 0 0 0 0 0 0 0 0 0 0 0 0
Other loans 78,424 5 78,288 33 0 6 19 31 17 15 2 0 7
Net portfolio holdings of Commercial
Paper Funding Facility LLC (6) 7,821 0 7,821 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane LLC (7) 27,574 0 27,574 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 15,199 0 15,199 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 22,046 0 22,046 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 439 0 439 0 0 0 0 0 0 0 0 0 0
Preferred interests in AIA Aurora LLC
and ALICO Holdings LLC (11) 25,416 0 25,416 0 0 0 0 0 0 0 0 0 0
Items in process of collection 255 11 -192 21 44 200 4 14 11 30 41 46 27
Bank premises 2,239 123 261 70 143 238 220 209 136 109 266 251 212
Central bank liquidity swaps (12) 0 0 0 0 0 0 0 0 0 0 0 0 0
Other assets (13) 95,777 2,720 36,396 4,350 4,232 14,924 8,192 5,889 2,076 1,674 2,634 3,326 9,363
Interdistrict settlement account 0 + 86 + 96,807 + 20,698 - 17,129 + 45,869 - 54,892 - 41,004 - 14,821 + 22,209 - 20,238 - 15,177 - 22,409
Total assets 2,341,070 55,402 1,151,500 73,769 57,711 295,997 149,527 121,141 40,660 52,428 53,539 75,559 213,836
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
11. Statement of Condition of Each Federal Reserve Bank, April 21, 2010 (continued)
Millions of dollars
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
Assets, liabilities, and capital City Francisco
Liabilities
Federal Reserve notes outstanding 1,075,974 34,962 389,328 38,425 44,534 84,400 135,488 86,959 32,266 20,121 29,119 65,839 114,532
Less: Notes held by F.R. Banks 181,214 4,172 58,387 5,874 8,882 11,187 32,020 12,035 4,436 2,970 3,362 12,779 25,111
Federal Reserve notes, net 894,760 30,790 330,941 32,551 35,652 73,213 103,468 74,924 27,831 17,151 25,757 53,060 89,421
Reverse repurchase agreements (14) 52,078 1,318 21,250 1,216 1,769 5,931 4,928 3,926 1,341 713 1,786 2,187 5,711
Deposits 1,323,622 21,112 773,899 33,921 15,574 203,332 37,056 40,261 10,687 32,630 25,164 18,973 111,014
Depository institutions 1,059,294 21,095 509,770 33,916 15,570 203,193 37,053 40,253 10,671 32,629 25,162 18,972 111,008
U.S. Treasury, general account 61,746 0 61,746 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 199,961 0 199,961 0 0 0 0 0 0 0 0 0 0
Foreign official 2,233 1 2,205 4 3 11 2 1 0 1 0 1 3
Other 389 15 218 1 1 127 0 7 16 0 1 0 3
Deferred availability cash items 2,366 66 0 203 565 102 152 158 64 328 126 138 464
Other liabilities and accrued
dividends (15) 14,384 238 9,708 281 315 943 666 537 224 163 240 326 741
Total liabilities 2,287,209 53,524 1,135,799 68,172 53,876 283,521 146,270 119,806 40,147 50,985 53,074 74,684 207,352
Capital
Capital paid in 26,228 913 7,562 2,939 1,902 5,344 1,560 614 239 718 213 411 3,814
Surplus 25,589 945 7,541 2,657 1,910 7,133 1,581 620 240 712 210 353 1,687
Other capital 2,044 20 598 0 23 0 116 102 35 13 44 111 983
Total liabilities and capital 2,341,070 55,402 1,151,500 73,769 57,711 295,997 149,527 121,141 40,660 52,428 53,539 75,559 213,836
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
11. Statement of Condition of Each Federal Reserve Bank, April 21, 2010 (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 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 8 and the note on consolidation below.
11. Refer to 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 other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 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 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 sole beneficiary of Commercial Paper Funding Facility LLC. 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 10), 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 10).
12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Wednesday
Federal Reserve notes and collateral Apr 21, 2010
Federal Reserve notes outstanding 1,075,974
Less: Notes held by F.R. Banks not subject to collateralization 181,214
Federal Reserve notes to be collateralized 894,760
Collateral held against Federal Reserve notes 894,760
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 878,523
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,047,547
Less: Face value of securities under reverse repurchase agreements 51,676
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,995,871
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.
Release dates | Historical data | Data Download Program (DDP) |
About |
Announcements
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
Statistical releases