Skip to Content
Release Date: April 11, 2013
Release dates | Data Download Program (DDP) |
About |
Announcements |
Technical Q&As
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
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 April 11, 2013
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 10, 2013
Federal Reserve Banks Apr 10, 2013 Apr 3, 2013 Apr 11, 2012
Reserve Bank credit 3,205,838 + 15,127 + 361,854 3,210,270
Securities held outright (1) 2,954,931 + 12,311 + 345,126 2,957,619
U.S. Treasury securities 1,811,564 + 12,324 + 135,030 1,814,482
Bills (2) 0 0 - 18,423 0
Notes and bonds, nominal (2) 1,721,093 + 11,645 + 142,043 1,722,664
Notes and bonds, inflation-indexed (2) 79,278 + 399 + 9,624 80,278
Inflation compensation (3) 11,192 + 279 + 1,785 11,541
Federal agency debt securities (2) 72,317 - 106 - 24,161 72,053
Mortgage-backed securities (4) 1,071,050 + 93 + 234,257 1,071,084
Repurchase agreements (5) 0 0 0 0
Loans 400 + 8 - 6,657 439
Primary credit 10 + 2 + 7 49
Secondary credit 0 0 0 0
Seasonal credit 8 + 6 0 9
Term Asset-Backed Securities Loan Facility (6) 382 0 - 6,664 382
Other credit extensions 0 0 0 0
Net portfolio holdings of Maiden Lane LLC (7) 1,402 0 - 4,043 1,403
Net portfolio holdings of Maiden Lane II LLC (8) 64 0 + 45 64
Net portfolio holdings of Maiden Lane III LLC (9) 22 0 - 17,496 22
Net portfolio holdings of TALF LLC (10) 392 - 7 - 439 392
Float -897 - 221 - 99 -717
Central bank liquidity swaps (11) 8,751 + 695 - 23,720 8,751
Other Federal Reserve assets (12) 240,772 + 2,339 + 69,135 242,296
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 0 5,200
Treasury currency outstanding (13) 44,947 + 14 + 540 44,947
Total factors supplying reserve funds 3,267,026 + 15,141 + 362,394 3,271,458
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 10, 2013
Federal Reserve Banks Apr 10, 2013 Apr 3, 2013 Apr 11, 2012
Currency in circulation (13) 1,178,581 + 832 + 77,625 1,179,756
Reverse repurchase agreements (14) 94,174 - 5,982 + 4,249 94,280
Foreign official and international accounts 93,271 - 6,848 + 3,346 91,530
Others 903 + 866 + 903 2,750
Treasury cash holdings 216 - 14 + 74 200
Deposits with F.R. Banks, other than reserve balances 82,051 - 23,568 - 6,953 78,083
Term deposits held by depository institutions 3,045 0 - 12 3,045
U.S. Treasury, General Account 58,767 - 17,377 + 13,478 52,487
Foreign official 9,246 + 57 + 9,114 9,380
Service-related 0 0 - 1,930 0
Required clearing balances 0 0 - 1,930 0
Adjustments to compensate for float 0 0 0 0
Other 10,994 - 6,246 - 27,603 13,171
Other liabilities and capital (15) 68,280 + 1,249 - 5,772 67,778
Total factors, other than reserve balances,
absorbing reserve funds 1,423,302 - 27,482 + 69,222 1,420,097
Reserve balances with Federal Reserve Banks 1,843,724 + 42,623 + 293,172 1,851,361
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. 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 by the Federal Reserve Bank of New York to eligible borrowers through the
Term Asset-Backed Securities Loan Facility.
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. Includes other assets denominated in foreign currencies, which are revalued daily at market
exchange rates, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through
the Term Asset-Backed Securities Loan Facility.
13. Estimated.
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. 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
Week ended Change from week ended Apr 10, 2013
Apr 10, 2013 Apr 3, 2013 Apr 11, 2012
Securities held in custody for foreign official and
international accounts 3,295,803 + 340 + 192,894 3,291,852
Marketable U.S. Treasury securities (1) 2,956,607 - 233 + 275,545 2,952,862
Federal agency debt and mortgage-backed securities (2) 301,282 + 661 - 83,702 301,380
Other securities (3) 37,914 - 89 + 1,051 37,610
Securities lent to dealers 18,878 - 4,892 - 179 17,856
Overnight facility (4) 18,878 - 4,892 - 179 17,856
U.S. Treasury securities 17,898 - 4,776 - 333 16,975
Federal agency debt securities 979 - 116 + 154 881
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 underlying mortgages.
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, April 10, 2013
Millions of dollars
Remaining Maturity Within 15 16 days to 91 days to Over 1 year Over 5 year Over 10 All
days 90 days 1 year to 5 years to 10 years years
Loans (1) 49 9 0 382 0 ... 439
U.S. Treasury securities (2)
Holdings 1 6 308 462,043 886,581 465,543 1,814,482
Weekly changes 0 0 0 + 21 + 3,762 + 5,059 + 8,843
Federal agency debt securities (3)
Holdings 0 2,873 21,837 42,952 2,044 2,347 72,053
Weekly changes - 370 0 0 0 0 0 - 370
Mortgage-backed securities (4)
Holdings 0 0 1 1 2,599 1,068,482 1,071,084
Weekly changes 0 0 0 0 0 + 109 + 110
Asset-backed securities held by
TALF LLC (5) 0 0 0 0 0 0 0
Repurchase agreements (6) 0 0 ... ... ... ... 0
Central bank liquidity swaps (7) 1,502 7,249 0 0 0 0 8,751
Reverse repurchase agreements (6) 94,280 0 ... ... ... ... 94,280
Term deposits 3,045 0 0 ... ... ... 3,045
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. Current face value of the securities, which
is the remaining principal balance of the underlying mortgages.
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
Apr 10, 2013
Mortgage-backed securities held outright (1) 1,071,084
Commitments to buy mortgage-backed securities (2) 129,432
Commitments to sell mortgage-backed securities (2) 5,100
Cash and cash equivalents (3) 118
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, 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
Apr 10, 2013
Net portfolio holdings of Maiden Lane LLC (1) 1,403
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
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 December 31, 2012. 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
Apr 10, 2013
Net portfolio holdings of Maiden Lane II LLC (1) 64
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
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 December 31, 2012. 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
Apr 10, 2013
Net portfolio holdings of Maiden Lane III LLC (1) 22
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
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 December 31, 2012. 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
Apr 10, 2013
Asset-backed securities holdings (1) 0
Other investments, net 392
Net portfolio holdings of TALF LLC 392
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) 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) 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 then by the interest
received on investments of TALF LLC. 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.
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital Eliminations Wednesday Change since
from Apr 10, 2013 Wednesday Wednesday
consolidation Apr 3, 2013 Apr 11, 2012
Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 0
Coin 2,081 - 16 - 188
Securities, repurchase agreements, and loans 2,958,058 + 8,628 + 336,674
Securities held outright (1) 2,957,619 + 8,583 + 343,255
U.S. Treasury securities 1,814,482 + 8,843 + 133,389
Bills (2) 0 0 - 18,423
Notes and bonds, nominal (2) 1,722,664 + 6,873 + 137,954
Notes and bonds, inflation-indexed (2) 80,278 + 1,399 + 11,524
Inflation compensation (3) 11,541 + 572 + 2,335
Federal agency debt securities (2) 72,053 - 370 - 24,425
Mortgage-backed securities (4) 1,071,084 + 110 + 234,291
Repurchase agreements (5) 0 0 0
Loans 439 + 45 - 6,581
Net portfolio holdings of Maiden Lane LLC (6) 1,403 + 1 - 4,067
Net portfolio holdings of Maiden Lane II LLC (7) 64 0 + 45
Net portfolio holdings of Maiden Lane III LLC (8) 22 0 - 17,564
Net portfolio holdings of TALF LLC (9) 392 - 7 - 439
Items in process of collection (0) 108 - 19 - 58
Bank premises 2,297 0 - 56
Central bank liquidity swaps (10) 8,751 + 695 - 23,720
Other assets (11) 239,999 + 3,058 + 69,265
Total assets (0) 3,229,413 + 12,341 + 359,894
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 Wednesday Change since
from Apr 10, 2013 Wednesday Wednesday
consolidation Apr 3, 2013 Apr 11, 2012
Liabilities
Federal Reserve notes, net of F.R. Bank holdings 1,137,087 + 144 + 77,245
Reverse repurchase agreements (12) 94,280 + 113 + 5,391
Deposits (0) 1,929,444 + 11,026 + 283,938
Term deposits held by depository institutions 3,045 0 - 12
Other deposits held by depository institutions 1,851,361 + 13,531 + 282,561
U.S. Treasury, General Account 52,487 - 7,573 + 16,963
Foreign official 9,380 + 194 + 9,253
Other (0) 13,171 + 4,873 - 24,826
Deferred availability cash items (0) 825 - 54 - 281
Other liabilities and accrued dividends (13) 12,639 + 1,106 - 7,096
Total liabilities (0) 3,174,274 + 12,334 + 359,196
Capital accounts
Capital paid in 27,570 + 4 + 350
Surplus 27,570 + 4 + 350
Other capital accounts 0 0 0
Total capital 55,139 + 7 + 698
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. 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 4 and the note on consolidation accompanying table 9.
7. Refer to table 5 and the note on consolidation accompanying table 9.
8. Refer to table 6 and the note on consolidation accompanying table 9.
9. Refer to table 7 and the note on consolidation accompanying table 9.
10. 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.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market
exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
(FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
securities, and mortgage-backed securities.
13. 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, April 10, 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 11,037 408 3,824 437 515 890 1,337 839 313 192 315 725 1,242
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,081 39 106 136 152 372 187 308 27 53 163 190 348
Securities, repurchase agreements,
and loans 2,958,058 71,836 1,658,584 97,772 75,196 210,498 178,324 164,083 46,240 26,933 59,424 114,919 254,250
Securities held outright (1) 2,957,619 71,835 1,658,202 97,772 75,196 210,498 178,324 164,076 46,240 26,887 59,420 114,919 254,250
U.S. Treasury securities 1,814,482 44,070 1,017,298 59,983 46,132 129,139 109,401 100,660 28,368 16,495 36,454 70,502 155,981
Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0
Notes and bonds (3) 1,814,482 44,070 1,017,298 59,983 46,132 129,139 109,401 100,660 28,368 16,495 36,454 70,502 155,981
Federal agency debt securities (2) 72,053 1,750 40,397 2,382 1,832 5,128 4,344 3,997 1,126 655 1,448 2,800 6,194
Mortgage-backed securities (4) 1,071,084 26,015 600,508 35,408 27,232 76,231 64,579 59,419 16,745 9,737 21,519 41,617 92,075
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Loans 439 1 382 0 0 0 0 7 0 46 4 0 0
Net portfolio holdings of Maiden
Lane LLC (6) 1,403 0 1,403 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (7) 64 0 64 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (8) 22 0 22 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (9) 392 0 392 0 0 0 0 0 0 0 0 0 0
Items in process of collection 108 0 0 0 0 0 107 0 0 1 0 0 0
Bank premises 2,297 118 427 71 114 229 213 201 129 102 251 236 207
Central bank liquidity swaps (10) 8,751 430 2,797 677 683 1,838 499 250 73 37 89 139 1,241
Other assets (11) 239,999 6,452 128,459 8,982 7,352 20,515 14,435 12,675 3,622 2,123 4,606 8,843 21,935
Interdistrict settlement account 0 - 8,525 + 32,691 - 20,841 - 4,650 - 33,589 + 12,243 - 22,272 - 517 - 2,008 - 11,645 - 17,858 + 76,971
Total assets 3,229,413 70,953 1,830,589 87,445 79,598 201,164 207,997 156,507 50,037 27,523 53,355 107,476 356,769
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, April 10, 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 1,405,966 46,830 529,981 46,560 60,970 102,586 173,853 94,831 36,728 23,499 37,460 97,894 154,773
Less: Notes held by F.R. Banks 268,879 11,418 95,980 4,132 8,678 10,702 31,185 14,684 3,397 7,326 10,351 45,616 25,408
Federal Reserve notes, net 1,137,087 35,412 434,000 42,428 52,292 91,884 142,669 80,146 33,331 16,172 27,109 52,279 129,365
Reverse repurchase agreements (12) 94,280 2,290 52,858 3,117 2,397 6,710 5,684 5,230 1,474 857 1,894 3,663 8,105
Deposits 1,929,444 30,396 1,318,188 37,265 20,328 90,102 55,167 68,993 14,553 9,988 23,566 50,216 210,682
Term deposits held by depository
institutions 3,045 10 1,762 0 0 40 388 5 0 100 205 5 530
Other deposits held by depository
institutions 1,851,361 30,384 1,241,697 37,226 20,324 89,854 54,769 68,961 14,552 9,888 23,359 50,210 210,137
U.S. Treasury, General Account 52,487 0 52,487 0 0 0 0 0 0 0 0 0 0
Foreign official 9,380 2 9,353 3 3 8 2 1 0 0 0 1 6
Other 13,171 0 12,889 36 0 200 8 26 0 0 1 1 9
Deferred availability cash items 825 0 0 0 0 0 725 0 0 100 0 0 0
Interest on Federal Reserve notes due
to U.S. Treasury (13) 1,299 19 878 17 3 15 76 87 21 12 29 59 81
Other liabilities and accrued
dividends (14) 11,340 251 7,143 328 299 786 535 475 195 160 194 341 632
Total liabilities 3,174,274 68,367 1,813,068 83,155 75,319 189,498 204,856 154,932 49,574 27,289 52,792 106,559 348,865
Capital
Capital paid in 27,570 1,293 8,761 2,145 2,140 5,833 1,571 787 232 117 281 459 3,952
Surplus 27,570 1,293 8,761 2,145 2,140 5,833 1,571 787 232 117 281 459 3,952
Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0
Total liabilities and capital 3,229,413 70,953 1,830,589 87,445 79,598 201,164 207,997 156,507 50,037 27,523 53,355 107,476 356,769
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, April 10, 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. 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 4 and the note on consolidation below.
7. Refer to table 5 and the note on consolidation below.
8. Refer to table 6 and the note on consolidation below.
9. Refer to table 7 and the note on consolidation below.
10. 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.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
(FRBNY) to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
13. 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.
14. 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
Apr 10, 2013
Federal Reserve notes outstanding 1,405,966
Less: Notes held by F.R. Banks not subject to collateralization 268,879
Federal Reserve notes to be collateralized 1,137,087
Collateral held against Federal Reserve notes 1,137,087
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,120,850
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,957,619
Less: Face value of securities under reverse repurchase agreements 81,474
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 2,876,145
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.
Release dates | Data Download Program (DDP) |
About |
Announcements |
Technical Q&As
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
Statistical releases