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Release Date:   April 29, 2010
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For release at
4:30 p.m. EDT
April 29, 2010

The weekly average values, shown in table 1, reflect the March 31, 2010, quarterly updates to the
fair value of the net portfolio holdings of Maiden Lane LLC, Maiden Lane II LLC, and Maiden
Lane III LLC; the fair value adjustment of the Term Asset-Backed Securities Loan Facility,
which is included in other Federal Reserve assets; and the loan restructuring adjustment, which is
included in the reported value of the credit extended to American International Group, Inc. The
amounts for the first six days of this reporting week are based on the values as of December 31,
2009, and the amounts for the last day of the reporting week are based on the values as of March
31, 2010.

FEDERAL RESERVE statistical release

H.4.1

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

April 29, 2010
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks		 Averages of daily figures Wednesday
Apr 28, 2010
Week ended
Apr 28, 2010		 Change from week ended
Apr 21, 2010 Apr 29, 2009
Reserve Bank credit 2,316,689 - 1,525 + 229,153 2,313,061
    Securities held outright 1 2,045,382 - 100 +1,068,571 2,042,037
        U.S. Treasury securities 776,716 + 3 + 233,707 776,717
            Bills 2 18,423 0 0 18,423
            Notes and bonds, nominal 2 712,258 0 + 233,219 712,258
            Notes and bonds, inflation-indexed 2 40,891 0 - 85 40,891
            Inflation compensation 3 5,145 + 3 + 574 5,146
        Federal agency debt securities 2 168,903 0 + 102,829 168,903
        Mortgage-backed securities 4 1,099,763 - 102 + 732,035 1,096,416
    Repurchase agreements 5 0 0 0 0
    Term auction credit 0 0 - 403,573 0
    Other loans 78,077 - 759 - 26,461 78,370
        Primary credit 5,990 - 237 - 38,798 5,509
        Secondary credit 588 - 12 + 548 500
        Seasonal credit 32 + 8 + 31 34
        Primary dealer and other broker-dealer credit 6 0 0 - 5,479 0
        Asset-Backed Commercial Paper Money Market
            Mutual Fund Liquidity Facility		 0 0 - 3,362 0
        Credit extended to American International
            Group, Inc., net 7		 25,812 + 848 - 18,677 26,983
        Term Asset-Backed Securities Loan Facility 8 45,656 - 1,365 + 39,277 45,344
        Other credit extensions 0 0 0 0
    Net portfolio holdings of Commercial Paper
        Funding Facility LLC 9		 6,562 - 1,250 - 216,358 4,893
    Net portfolio holdings of Maiden Lane LLC 10 27,667 + 138 + 1,183 28,224
    Net portfolio holdings of Maiden Lane II LLC 11 15,322 + 130 - 2,942 16,060
    Net portfolio holdings of Maiden Lane III LLC 12 22,267 + 230 - 5,165 23,590
    Net portfolio holdings of TALF LLC 13 439 + 30 + 439 439
    Preferred interests in AIA Aurora LLC and ALICO
        Holdings LLC 14		 25,416 0 + 25,416 25,416
    Float -1,771 + 148 + 470 -1,954
    Central bank liquidity swaps 15 0 0 - 250,215 0
    Other Federal Reserve assets 16 97,327 - 93 + 37,787 95,985
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 + 3,000 5,200
Treasury currency outstanding 17 42,855 + 14 + 539 42,855
 
Total factors supplying reserve funds 2,375,785 - 1,511 + 232,691 2,372,157
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.


1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks		 Averages of daily figures Wednesday
Apr 28, 2010
Week ended
Apr 28, 2010		 Change from week ended
Apr 21, 2010 Apr 29, 2009
Currency in circulation 17 934,080 - 394 + 32,376 935,883
Reverse repurchase agreements 18 52,677 - 1,414 - 13,519 54,102
    Foreign official and international accounts 52,677 - 1,414 - 13,519 54,102
    Dealers 0 0 0 0
Treasury cash holdings 216 - 16 - 109 202
Deposits with F.R. Banks, other than reserve balances 266,121 + 14,665 - 24,934 265,272
    U.S. Treasury, general account 57,162 + 11,074 - 27,612 56,908
    U.S. Treasury, supplementary financing account 199,959 - 2 + 30 199,959
    Foreign official 5,470 + 3,166 + 3,836 5,393
    Service-related 2,667 - 69 - 1,673 2,666
        Required clearing balances 2,667 - 40 - 1,673 2,666
        Adjustments to compensate for float 0 - 30 0 0
    Other 864 + 496 + 486 346
Other liabilities and capital 19 69,237 - 132 + 12,735 70,919
 
Total factors, other than reserve balances,
    absorbing reserve funds		 1,322,332 + 12,710 + 6,550 1,326,378
 
Reserve balances with Federal Reserve Banks 1,053,454 - 14,220 + 226,142 1,045,779
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
Memorandum item Averages of daily figures Wednesday
Apr 28, 2010
Week ended
Apr 28, 2010		 Change from week ended
Apr 21, 2010 Apr 29, 2009
Marketable securities held in custody for foreign
    official and international accounts 1		 3,061,096 + 4,872 + 410,490 3,066,013
    U.S. Treasury securities 2,273,425 + 2,624 + 432,258 2,276,836
    Federal agency securities 2 787,671 + 2,248 - 21,768 789,178
Securities lent to dealers 5,927 - 22 - 32,748 4,781
    Overnight facility 3 5,927 - 22 - 198 4,781
        U.S. Treasury securities 4,543 - 241 - 1,582 3,380
        Federal agency debt securities 1,384 + 219 + 1,384 1,401
    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, April 28, 2010
Millions of dollars
Remaining maturity Within 15
days		 16 days to
90 days		 91 days to
1 year		 Over 1 year
to 5 years		 Over 5 years
to 10 years		 Over 10
years		 All
Term auction credit 0 0 ... ... ... ... 0
Other loans 1 6,038 5 0 72,327 0 ... 78,370
U.S. Treasury securities 2  
    Holdings 14,889 19,182 48,503 331,703 217,541 144,898 776,717
    Weekly changes - 2,504 + 2,504 0 0 + 1 + 1 + 3
Federal agency debt securities 3  
    Holdings 791 8,731 34,263 89,223 33,548 2,347 168,903
    Weekly changes 0 0 + 3,342 - 3,342 0 0 0
Mortgage-backed securities 4  
    Holdings 0 0 0 33 20 1,096,363 1,096,416
    Weekly changes 0 0 0 0 0 - 5,512 - 5,513
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 54,102 0 ... ... ... ... 54,102
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
Account name Wednesday
Apr 28, 2010
Mortgage-backed securities held outright 1 1,096,416
 
Commitments to buy mortgage-backed securities 2 64,963
Commitments to sell mortgage-backed securities 2 0
 
Cash and cash equivalents 3 656
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
Account name Wednesday
Apr 28, 2010
Net portfolio holdings of Maiden Lane LLC 1 28,224
 
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 2 474
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. 3 1,269
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
Account name Wednesday
Apr 28, 2010
Net portfolio holdings of Maiden Lane II LLC 1 16,060
 
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 2 327
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 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
Account name Wednesday
Apr 28, 2010
Net portfolio holdings of Maiden Lane III LLC 1 23,590
 
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 2 411
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. 3 5,248
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
Account name Wednesday
Apr 28, 2010
Commercial paper holdings, net 1 0
Other investments, net 4,893
Net portfolio holdings of Commercial Paper Funding Facility LLC 4,893
 
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
Account name Wednesday
Apr 28, 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
Account name Wednesday
Apr 28, 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 97
 
Preferred interests in AIA Aurora LLC 1 16,266
Accrued dividends on preferred interests in AIA Aurora LLC 2 62
 
Preferred interests in ALICO Holdings LLC 1 9,150
Accrued dividends on preferred interests in ALICO Holdings LLC 2 35
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
Assets, liabilities, and capital Eliminations from
consolidation		 Wednesday
Apr 28, 2010		 Change since
Wednesday
Apr 21, 2010		 Wednesday
Apr 29, 2009
Assets  
    Gold certificate account   11,037 0 0
    Special drawing rights certificate account   5,200 0 + 3,000
    Coin   2,114 + 19 + 235
    Securities, repurchase agreements, term auction
        credit, and other loans		   2,120,407 - 5,564 + 631,945
        Securities held outright 1   2,042,037 - 5,510 +1,058,679
            U.S. Treasury securities   776,717 + 3 + 227,671
                Bills 2   18,423 0 0
                Notes and bonds, nominal 2   712,258 0 + 227,201
                Notes and bonds, inflation-indexed 2   40,891 0 - 85
                Inflation compensation 3   5,146 + 3 + 556
            Federal agency debt securities 2   168,903 0 + 100,745
            Mortgage-backed securities 4   1,096,416 - 5,513 + 730,263
        Repurchase agreements 5   0 0 0
        Term auction credit   0 0 - 403,573
        Other loans   78,370 - 54 - 23,161
    Net portfolio holdings of Commercial Paper
        Funding Facility LLC 6		   4,893 - 2,928 - 176,902
    Net portfolio holdings of Maiden Lane LLC 7   28,224 + 650 + 1,722
    Net portfolio holdings of Maiden Lane II LLC 8   16,060 + 861 - 2,268
    Net portfolio holdings of Maiden Lane III LLC 9   23,590 + 1,544 - 3,859
    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 (45) 197 - 3 - 507
    Bank premises   2,238 - 1 + 34
    Central bank liquidity swaps 12   0 0 - 249,513
    Other assets 13   94,106 - 1,671 + 36,031
 
Total assets (45) 2,333,922 - 7,093 + 265,773
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
Assets, liabilities, and capital Eliminations from
consolidation		 Wednesday
Apr 28, 2010		 Change since
Wednesday
Apr 21, 2010		 Wednesday
Apr 29, 2009
Liabilities  
    Federal Reserve notes, net of F.R. Bank holdings   895,339 + 579 + 32,253
    Reverse repurchase agreements 14   54,102 + 2,024 - 13,182
    Deposits (0) 1,311,410 - 12,212 + 233,267
        Depository institutions   1,048,805 - 10,489 + 235,875
        U.S. Treasury, general account   56,908 - 4,838 - 5,902
        U.S. Treasury, supplementary financing account   199,959 - 2 + 30
        Foreign official   5,393 + 3,160 + 3,426
        Other (0) 346 - 43 - 160
    Deferred availability cash items (45) 2,151 - 160 - 898
    Other liabilities and accrued dividends 15   15,425 + 1,041 + 5,716
 
Total liabilities (45) 2,278,428 - 8,726 + 257,158
 
Capital accounts  
    Capital paid in   26,234 + 6 + 3,251
    Surplus   25,589 0 + 4,399
    Other capital accounts   3,670 + 1,626 + 964
 
Total capital   55,493 + 1,633 + 8,614
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 28, 2010
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City		 Dallas San
Francisco
Assets  
    Gold certificate account 11,037 369 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 2,114 76 82 168 153 311 192 332 27 69 149 205 351
    Securities, repurchase agreements,
        term auction credit, and other
        loans		 2,120,407 51,685 911,486 47,701 69,380 232,582 193,247 153,964 52,625 27,977 70,052 85,748 223,959
        Securities held outright 1 2,042,037 51,677 833,259 47,687 69,380 232,566 193,233 153,942 52,599 27,955 70,050 85,746 223,942
            U.S. Treasury securities 776,717 19,656 316,942 18,139 26,390 88,460 73,499 58,554 20,007 10,633 26,645 32,615 85,180
                Bills 2 18,423 466 7,517 430 626 2,098 1,743 1,389 475 252 632 774 2,020
                Notes and bonds 3 758,295 19,190 309,424 17,708 25,764 86,362 71,756 57,165 19,532 10,381 26,013 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 1,096,416 27,747 447,396 25,604 37,252 124,870 103,751 82,655 28,242 15,010 37,612 46,039 120,240
        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 78,370 8 78,227 14 0 16 14 23 26 22 2 2 17
    Net portfolio holdings of Commercial
        Paper Funding Facility LLC 6		 4,893 0 4,893 0 0 0 0 0 0 0 0 0 0
    Net portfolio holdings of Maiden
        Lane LLC 7		 28,224 0 28,224 0 0 0 0 0 0 0 0 0 0
    Net portfolio holdings of Maiden
        Lane II LLC 8		 16,060 0 16,060 0 0 0 0 0 0 0 0 0 0
    Net portfolio holdings of Maiden
        Lane III LLC 9		 23,590 0 23,590 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 242 9 2 15 47 6 32 17 4 36 11 32 31
    Bank premises 2,238 122 261 70 143 237 220 209 136 109 266 251 212
    Central bank liquidity swaps 12 0 0 0 0 0 0 0 0 0 0 0 0 0
    Other assets 13 94,106 2,674 35,732 4,283 4,165 14,663 8,058 5,787 2,040 1,647 2,588 3,267 9,203
    Interdistrict settlement account 0 - 1,483 + 102,120 + 17,519 - 17,614 + 58,290 - 51,270 - 40,263 - 16,262 + 21,742 - 22,145 - 14,882 - 35,752
 
Total assets 2,333,967 53,647 1,154,161 70,370 56,974 307,347 152,518 121,357 39,044 51,874 51,371 75,555 199,748
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 28, 2010 (continued)
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City		 Dallas San
Francisco
Liabilities  
    Federal Reserve notes outstanding 1,075,160 34,726 389,594 38,434 44,255 83,930 136,631 86,515 32,158 20,090 29,074 65,697 114,057
        Less: Notes held by F.R. Banks 179,821 4,074 57,340 5,932 8,981 11,784 31,307 11,534 4,588 2,935 3,609 12,690 25,046
            Federal Reserve notes, net 895,339 30,652 332,255 32,501 35,273 72,146 105,324 74,981 27,569 17,155 25,465 53,008 89,011
    Reverse repurchase agreements 14 54,102 1,369 22,077 1,263 1,838 6,162 5,120 4,079 1,394 741 1,856 2,272 5,933
    Deposits 1,311,410 19,450 771,663 30,562 15,176 215,515 38,077 40,317 9,314 31,996 23,272 18,982 97,086
        Depository institutions 1,048,805 19,445 509,232 30,557 15,172 215,389 38,075 40,307 9,300 31,995 23,270 18,982 97,081
        U.S. Treasury, general account 56,908 0 56,908 0 0 0 0 0 0 0 0 0 0
        U.S. Treasury, supplementary
            financing account		 199,959 0 199,959 0 0 0 0 0 0 0 0 0 0
        Foreign official 5,393 1 5,365 4 3 11 2 1 0 1 0 1 3
        Other 346 4 198 0 1 115 0 9 14 0 1 0 3
    Deferred availability cash items 2,196 70 0 186 550 103 115 141 47 382 83 109 410
    Other liabilities and accrued
        dividends 15		 15,425 228 10,931 275 308 908 644 512 213 158 228 314 706
 
Total liabilities 2,278,473 51,769 1,136,924 64,788 53,145 294,834 149,279 120,029 38,537 50,431 50,904 74,685 193,147
 
Capital  
    Capital paid in 26,234 913 7,562 2,938 1,902 5,344 1,560 621 239 718 213 411 3,815
    Surplus 25,589 945 7,546 2,645 1,910 7,140 1,581 620 240 712 210 353 1,687
    Other capital 3,670 20 2,128 0 16 29 98 88 28 13 45 106 1,099
 
Total liabilities and capital 2,333,967 53,647 1,154,161 70,370 56,974 307,347 152,518 121,357 39,044 51,874 51,371 75,555 199,748
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 28, 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
Federal Reserve notes and collateral Wednesday
Apr 28, 2010
Federal Reserve notes outstanding 1,075,160
    Less: Notes held by F.R. Banks not subject to collateralization 179,821
        Federal Reserve notes to be collateralized 895,339
Collateral held against Federal Reserve notes 895,339
    Gold certificate account 11,037
    Special drawing rights certificate account 5,200
    U.S. Treasury, agency debt, and mortgage-backed securities pledged 1,2 879,102
    Other assets pledged 0
Memo:  
Total U.S. Treasury, agency debt, and mortgage-backed securities 1,2 2,042,037
    Less: Face value of securities under reverse repurchase agreements 53,718
        U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,988,319
Note: Components may not sum to totals because of rounding.


1. 
Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements.
2. 
Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

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Last update: April 29, 2010