Skip to Content
Release Date: May 6, 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
May 6, 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 May 5, 2010
Federal Reserve Banks May 5, 2010 Apr 28, 2010 May 6, 2009
Reserve Bank credit 2,311,428 - 5,261 + 270,032 2,308,225
Securities held outright (1) 2,042,250 - 3,132 +1,052,748 2,042,276
U.S. Treasury securities 776,728 + 12 + 222,640 776,749
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 712,057 - 201 + 222,256 712,023
Notes and bonds, inflation-indexed (2) 41,092 + 201 - 161 41,125
Inflation compensation (3) 5,157 + 12 + 546 5,177
Federal agency debt securities (2) 168,225 - 678 + 98,646 168,112
Mortgage-backed securities (4) 1,097,297 - 2,466 + 731,462 1,097,415
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 0 - 403,573 0
Other loans 78,098 + 21 - 26,040 77,749
Primary credit 5,347 - 643 - 35,594 5,207
Secondary credit 500 - 88 + 494 500
Seasonal credit 33 + 1 + 29 37
Primary dealer and other broker-dealer credit (6) 0 0 - 643 0
Asset-Backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 0 0 - 10,670 0
Credit extended to American International
Group, Inc., net (7) 27,062 + 1,250 - 18,434 27,097
Term Asset-Backed Securities Loan Facility (8) 45,156 - 500 + 38,777 44,908
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (9) 2,796 - 3,766 - 161,944 2
Net portfolio holdings of Maiden Lane LLC (10) 28,231 + 564 + 1,847 28,261
Net portfolio holdings of Maiden Lane II LLC (11) 16,061 + 739 - 1,955 16,063
Net portfolio holdings of Maiden Lane III LLC (12) 23,605 + 1,338 - 2,811 23,665
Net portfolio holdings of TALF LLC (13) 439 0 + 439 439
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (14) 25,416 0 + 25,416 25,416
Float -1,935 - 164 + 317 -2,487
Central bank liquidity swaps (15) 0 0 - 249,302 0
Other Federal Reserve assets (16) 96,468 - 859 + 34,891 96,841
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 + 3,000 5,200
Treasury currency outstanding (17) 42,815 + 14 + 496 42,815
Total factors supplying reserve funds 2,370,484 - 5,247 + 273,528 2,367,281
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 May 5, 2010
Federal Reserve Banks May 5, 2010 Apr 28, 2010 May 6, 2009
Currency in circulation (17) 936,025 + 1,999 + 32,187 938,068
Reverse repurchase agreements (18) 57,630 + 4,953 - 8,695 53,483
Foreign official and international accounts 57,630 + 4,953 - 8,695 53,483
Dealers 0 0 0 0
Treasury cash holdings 200 - 16 - 108 185
Deposits with F.R. Banks, other than reserve balances 283,885 + 17,764 - 10,245 276,035
U.S. Treasury, general account 76,667 + 19,505 - 10,416 69,940
U.S. Treasury, supplementary financing account 199,958 - 1 + 29 199,958
Foreign official 3,984 - 1,486 + 2,320 3,051
Service-related 2,666 0 - 1,677 2,666
Required clearing balances 2,666 0 - 1,677 2,666
Adjustments to compensate for float 0 0 0 0
Other 610 - 254 - 500 421
Other liabilities and capital (19) 71,500 + 2,263 + 16,266 69,795
Total factors, other than reserve balances,
absorbing reserve funds 1,349,239 + 26,962 + 29,405 1,337,566
Reserve balances with Federal Reserve Banks 1,021,245 - 32,209 + 244,123 1,029,715
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 May 5, 2010
Memorandum item May 5, 2010 Apr 28, 2010 May 6, 2009
Marketable securities held in custody for foreign
official and international accounts (1) 3,074,856 + 13,760 + 414,700 3,076,956
U.S. Treasury securities 2,283,127 + 9,702 + 434,656 2,284,608
Federal agency securities (2) 791,729 + 4,058 - 19,956 792,347
Securities lent to dealers 5,313 - 614 - 32,522 4,474
Overnight facility (3) 5,313 - 614 + 28 4,474
U.S. Treasury securities 3,989 - 554 - 1,296 3,102
Federal agency debt securities 1,323 - 61 + 1,323 1,372
Term facility (4) 0 0 - 32,550 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, May 5, 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) 5,715 29 0 72,005 0 ... 77,749
U.S. Treasury securities (2)
Holdings 22,803 11,932 51,337 327,533 218,232 144,912 776,749
Weekly changes + 7,914 - 7,250 + 2,834 - 4,170 + 691 + 14 + 32
Federal agency debt securities (3)
Holdings 735 7,996 34,263 89,223 33,548 2,347 168,112
Weekly changes - 56 - 735 0 0 0 0 - 791
Mortgage-backed securities (4)
Holdings 0 0 0 33 20 1,097,362 1,097,415
Weekly changes 0 0 0 0 0 + 999 + 999
Commercial paper held by
Commercial Paper Funding
Facility LLC (5) 0 0 0 ... ... ... 0
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) 53,483 0 ... ... ... ... 53,483
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 May 5, 2010
Mortgage-backed securities held outright (1) 1,097,415
Commitments to buy mortgage-backed securities (2) 63,963
Commitments to sell mortgage-backed securities (2) 0
Cash and cash equivalents (3) 752
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 May 5, 2010
Net portfolio holdings of Maiden Lane LLC (1) 28,261
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) 478
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,270
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
March 31, 2010. 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 May 5, 2010
Net portfolio holdings of Maiden Lane II LLC (1) 16,063
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) 331
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,048
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
March 31, 2010. 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 May 5, 2010
Net portfolio holdings of Maiden Lane III LLC (1) 23,665
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) 415
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,251
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
March 31, 2010. 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 May 5, 2010
Commercial paper holdings, net (1) 0
Other investments, net 2
Net portfolio holdings of Commercial Paper Funding Facility LLC 2
Memorandum: Commercial paper 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
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 May 5, 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 May 5, 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) 122
Preferred interests in AIA Aurora LLC (1) 16,266
Accrued dividends on preferred interests in AIA Aurora LLC (2) 78
Preferred interests in ALICO Holdings LLC (1) 9,150
Accrued dividends on preferred interests in ALICO Holdings LLC (2) 44
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 May 5, 2010 Wednesday Wednesday
Assets, liabilities, and capital Apr 28, 2010 May 6, 2009
Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 + 3,000
Coin 2,081 - 33 + 180
Securities, repurchase agreements, term auction
credit, and other loans 2,120,025 - 382 + 597,520
Securities held outright (1) 2,042,276 + 239 +1,044,381
U.S. Treasury securities 776,749 + 32 + 216,148
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 712,023 - 235 + 215,718
Notes and bonds, inflation-indexed (2) 41,125 + 234 - 128
Inflation compensation (3) 5,177 + 31 + 557
Federal agency debt securities (2) 168,112 - 791 + 96,638
Mortgage-backed securities (4) 1,097,415 + 999 + 731,595
Repurchase agreements (5) 0 0 0
Term auction credit 0 0 - 403,573
Other loans 77,749 - 621 - 43,288
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 2 - 4,891 - 168,478
Net portfolio holdings of Maiden Lane LLC (7) 28,261 + 37 + 2,589
Net portfolio holdings of Maiden Lane II LLC (8) 16,063 + 3 - 80
Net portfolio holdings of Maiden Lane III LLC (9) 23,665 + 75 + 3,446
Net portfolio holdings of TALF LLC (10) 439 0 + 439
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (11) 25,416 0 + 25,416
Items in process of collection (57) 225 + 28 - 690
Bank premises 2,234 - 4 + 40
Central bank liquidity swaps (12) 0 0 - 249,302
Other assets (13) 94,965 + 859 + 34,277
Total assets (57) 2,329,614 - 4,308 + 248,357
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 May 5, 2010 Wednesday Wednesday
Assets, liabilities, and capital Apr 28, 2010 May 6, 2009
Liabilities
Federal Reserve notes, net of F.R. Bank holdings 897,515 + 2,176 + 31,646
Reverse repurchase agreements (14) 53,483 - 619 - 11,661
Deposits (0) 1,306,108 - 5,302 + 207,304
Depository institutions 1,032,739 - 16,066 + 207,116
U.S. Treasury, general account 69,940 + 13,032 - 743
U.S. Treasury, supplementary financing account 199,958 - 1 + 29
Foreign official 3,051 - 2,342 + 1,841
Other (0) 421 + 75 - 938
Deferred availability cash items (57) 2,713 + 562 - 1,445
Other liabilities and accrued dividends (15) 15,455 + 30 + 9,524
Total liabilities (57) 2,275,275 - 3,153 + 235,369
Capital accounts
Capital paid in 26,330 + 96 + 3,329
Surplus 25,587 - 2 + 8,340
Other capital accounts 2,422 - 1,248 + 1,319
Total capital 54,339 - 1,154 + 12,988
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, May 5, 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 2,081 75 80 165 150 307 191 328 25 67 148 201 345
Securities, repurchase agreements,
term auction credit, and other
loans 2,120,025 51,683 911,012 47,722 69,388 232,593 193,269 153,971 52,607 27,981 70,061 85,758 223,980
Securities held outright (1) 2,042,276 51,683 833,357 47,693 69,388 232,593 193,256 153,960 52,605 27,958 70,058 85,756 223,969
U.S. Treasury securities 776,749 19,657 316,955 18,139 26,391 88,463 73,502 58,556 20,008 10,634 26,646 32,616 85,183
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) 758,326 19,191 309,437 17,709 25,765 86,365 71,759 57,167 19,533 10,381 26,014 31,842 83,163
Federal agency debt securities (2) 168,112 4,254 68,599 3,926 5,712 19,146 15,908 12,673 4,330 2,301 5,767 7,059 18,436
Mortgage-backed securities (4) 1,097,415 27,772 447,804 25,628 37,285 124,984 103,846 82,730 28,267 15,023 37,646 46,081 120,349
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 77,749 0 77,655 29 0 0 14 11 1 23 3 2 12
Net portfolio holdings of Commercial
Paper Funding Facility LLC (6) 2 0 2 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane LLC (7) 28,261 0 28,261 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 16,063 0 16,063 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 23,665 0 23,665 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 282 17 0 25 67 10 47 11 5 30 14 29 27
Bank premises 2,234 123 260 70 143 238 219 209 136 109 266 250 212
Central bank liquidity swaps (12) 0 0 0 0 0 0 0 0 0 0 0 0 0
Other assets (13) 94,965 2,689 36,142 4,272 4,179 14,711 8,154 5,864 2,071 1,657 2,623 3,307 9,295
Interdistrict settlement account 0 - 5,310 + 103,999 + 19,324 - 14,094 + 42,113 - 47,608 - 40,498 - 15,331 + 22,455 - 19,720 - 14,723 - 30,606
Total assets 2,329,671 49,842 1,151,194 72,191 60,532 291,231 156,311 121,197 39,987 52,592 53,841 75,757 204,995
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, May 5, 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 1,075,612 34,818 390,171 38,695 44,223 83,993 136,047 86,670 32,114 20,074 29,232 65,587 113,987
Less: Notes held by F.R. Banks 178,097 4,110 56,942 5,957 9,035 12,169 30,125 11,488 4,576 2,982 3,541 12,288 24,885
Federal Reserve notes, net 897,515 30,709 333,229 32,738 35,188 71,824 105,922 75,181 27,539 17,092 25,691 53,300 89,102
Reverse repurchase agreements (14) 53,483 1,353 21,824 1,249 1,817 6,091 5,061 4,032 1,378 732 1,835 2,246 5,865
Deposits 1,306,108 15,564 769,403 32,061 18,700 199,624 41,242 39,942 10,277 32,834 25,491 18,888 102,083
Depository institutions 1,032,739 15,560 496,188 32,057 18,697 199,502 41,240 39,935 10,275 32,833 25,489 18,887 102,077
U.S. Treasury, general account 69,940 0 69,940 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 199,958 0 199,958 0 0 0 0 0 0 0 0 0 0
Foreign official 3,051 1 3,022 4 3 11 2 1 0 1 0 1 3
Other 421 3 295 0 0 111 0 6 2 0 1 0 3
Deferred availability cash items 2,770 107 0 293 687 141 183 185 65 330 128 136 515
Other liabilities and accrued
dividends (15) 15,455 231 10,967 275 308 918 635 507 215 161 224 310 704
Total liabilities 2,275,331 47,964 1,135,424 66,617 56,700 278,597 153,043 119,847 39,474 51,149 53,368 74,879 198,269
Capital
Capital paid in 26,330 916 7,563 2,938 1,902 5,425 1,562 626 238 718 213 414 3,815
Surplus 25,587 945 7,552 2,636 1,910 7,140 1,581 620 240 712 210 353 1,688
Other capital 2,422 16 656 0 20 68 126 103 35 13 51 111 1,225
Total liabilities and capital 2,329,671 49,842 1,151,194 72,191 60,532 291,231 156,311 121,197 39,987 52,592 53,841 75,757 204,995
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, May 5, 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 May 5, 2010
Federal Reserve notes outstanding 1,075,612
Less: Notes held by F.R. Banks not subject to collateralization 178,097
Federal Reserve notes to be collateralized 897,515
Collateral held against Federal Reserve notes 897,515
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 881,279
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,042,276
Less: Face value of securities under reverse repurchase agreements 52,838
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,989,438
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