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Release Date: August 18, 2011
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August 18, 2011

The Board's H.4.1 statistical release ("Factors Affecting Reserve Balances of Depository Institutions
and Condition Statement of Federal Reserve Banks") for August 17, 2011, released today, 
understated the average amount of marketable securities held in custody for foreign official and
international accounts.  As a result, corrections to table 1A have been made.  In table 1A, the weekly
average value of the "Marketable securities held in custody for foreign official and international
accounts" for the week ended Wednesday, August 17, 2011, was corrected from $2,981,694 million
to $3,478,623 million.  The weekly average value of "U.S. Treasury securities" held in custody for
the week ended Wednesday, August 17, 2011, was corrected from $2,352,395 million to $2,744,281
million, and the weekly average value of "Federal agency securities" held in custody for the week
ended Wednesday, August 17, 2011, was corrected from $629,299 million to $734,343 million.


FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              August 18, 2011
 
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   Aug 17, 2011
Federal Reserve Banks                                     Aug 17, 2011 Aug 10, 2011 Aug 18, 2010
 
Reserve Bank credit                                        2,848,230   -    6,494   +  545,756    2,841,932
  Securities held outright (1)                             2,652,085   -    1,535   +  599,935    2,650,862
    U.S. Treasury securities                               1,645,147   +    1,247   +  867,780    1,647,633
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,551,359   +      889   +  838,975    1,553,852
      Notes and bonds, inflation-indexed (2)                  65,948   +      305   +   24,819       65,948
      Inflation compensation (3)                               9,417   +       52   +    3,986        9,410
    Federal agency debt securities (2)                       111,674   -      761   -   45,951      110,660
    Mortgage-backed securities (4)                           895,264   -    2,021   -  221,894      892,569
  Repurchase agreements (5)                                        0            0            0            0
  Loans                                                       11,904   -       15   -   50,005       11,903
    Primary credit                                                 6            0   -        6            3
    Secondary credit                                               0            0            0            0
    Seasonal credit                                               98   +        7   +       16           99
    Credit extended to American International
       Group, Inc., net (6)                                        0            0   -   23,511            0
    Term Asset-Backed Securities Loan Facility (7)            11,801   -       20   -   26,504       11,800
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      0            0   -        1            0
  Net portfolio holdings of Maiden Lane LLC (9)               18,187   -    2,633   -   10,849       18,174
  Net portfolio holdings of Maiden Lane II LLC (10)           10,065   +        2   -    5,897       10,068
  Net portfolio holdings of Maiden Lane III LLC (11)          21,351   -      176   -    1,952       21,315
  Net portfolio holdings of TALF LLC (12)                        767            0   +      227          767
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (6)                                              0            0   -   25,733            0
  Float                                                       -1,082   +       53   +      682       -1,121
  Central bank liquidity swaps (13)                              200   +      200   -      234          200
  Other Federal Reserve assets (14)                          134,753   -    2,390   +   39,582      129,764
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (15)                            44,064   +       14   +      740       44,064

Total factors supplying reserve funds                      2,908,535   -    6,479   +  546,496    2,902,237
 
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   Aug 17, 2011
Federal Reserve Banks                                     Aug 17, 2011 Aug 10, 2011 Aug 18, 2010
 
Currency in circulation (15)                               1,033,505   -        2   +   86,576    1,034,147
Reverse repurchase agreements (16)                            99,940   +   25,361   +   39,807       95,911
  Foreign official and international accounts                 99,931   +   25,352   +   40,004       95,911
  Others                                                           9   +        9   -      197            0
Treasury cash holdings                                           113   -       14   -       96          114
Deposits with F.R. Banks, other than reserve balances         82,877   -    4,741   -  158,406       56,514
  Term deposits held by depository institutions                5,088            0   +    2,969        5,088
  U.S. Treasury, general account                              20,172   -    3,253   -    8,171        8,905
  U.S. Treasury, supplementary financing account                   0            0   -  199,955            0
  Foreign official                                             5,183   +    4,699   +    3,300        5,126
  Service-related                                              2,486   -        4   +       28        2,486
    Required clearing balances                                 2,486   -        4   +       28        2,486
    Adjustments to compensate for float                            0            0            0            0
  Other                                                       49,948   -    6,182   +   43,422       34,910
Funds from American International Group, Inc. asset
   dispositions, held as agent (6)                                 0            0            0            0
Other liabilities and capital (17)                            70,815   +    1,046   -    1,372       70,873

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,287,249   +   21,649   -   33,492    1,257,559

Reserve balances with Federal Reserve Banks                1,621,286   -   28,129   +  579,988    1,644,678
 
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. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on
   January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend
   any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid
   in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset
   dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well
   as a portion of the FRBNY's preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred
   interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by
   AIG through a draw on the Treasury's Series F preferred stock commitment and then transferred by AIG to
   the Treasury as consideration for the draw on the available Series F funds.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
9.  Refer to table 4 and the note on consolidation accompanying table 9.
10. Refer to table 5 and the note on consolidation accompanying table 9.
11. Refer to table 6 and the note on consolidation accompanying table 9.
12. Refer to table 7 and the note on consolidation accompanying table 9.
13. 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.
14. 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. Before the closing of the AIG recapitalization plan on
    January 14, 2011, included accrued dividends on the FRBNY's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Aug 17, 2011
Memorandum item                                           Aug 17, 2011 Aug 10, 2011 Aug 18, 2010
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,478,623   +    8,588   +  302,696    3,484,770
  U.S. Treasury securities                                 2,744,281   +    9,150   +  389,628    2,752,442
  Federal agency securities (2)                              734,343   -      561   -   86,931      732,328
Securities lent to dealers                                    14,473   -    4,536   +    9,956       12,803
  Overnight facility (3)                                      14,473   -    4,536   +    9,956       12,803
    U.S. Treasury securities                                  13,807   -    4,209   +   10,704       12,190
    Federal agency debt securities                               666   -      326   -      749          613
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,    August 17, 2011
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    
 
Loans (1)                                     77           26        2,383        9,417            0           ...       11,903
U.S. Treasury securities (2)
  Holdings                                15,533       19,249      125,266      709,657      576,091       201,837    1,647,633
  Weekly changes                      -    1,313   +    4,618   +    9,030   -    5,981   -    4,679    +    1,216   +    2,890
Federal agency debt securities (3)
  Holdings                                   884        2,279       18,396       66,609       20,145         2,347      110,660
  Weekly changes                      -    1,775   +      171   +    1,757   -    1,928            0             0   -    1,775
Mortgage-backed securities (4)
  Holdings                                     0            0            0           15           23       892,531      892,569
  Weekly changes                               0            0            0   -        1            0    -    4,715   -    4,716
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)             200            0            0            0            0             0          200

Reverse repurchase agreements (6)         95,911            0          ...          ...          ...           ...       95,911
Term deposits                              5,088            0            0          ...          ...           ...        5,088
 
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 Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 17, 2011 
 
Mortgage-backed securities held outright (1)                                                                             892,569

Commitments to buy mortgage-backed securities (2)                                                                              0
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                  0
 
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
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 17, 2011 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             18,174

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 15,061
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         725
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,358
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2011. 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
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 17, 2011 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          10,068

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  6,808
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         537
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,093
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2011. 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
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 17, 2011 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         21,315

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 10,536
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         643
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,475
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of
        June 30, 2011. 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
                                                                                                                        Wednesday   
Account name                                                                                                           Aug 17, 2011 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       767
Net portfolio holdings of TALF LLC                                                                                           767

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)                                        108
 
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, by the interest received on investments of TALF LLC, by up to $4.3 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.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Aug 17, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Aug 10, 2011 Aug 18, 2010
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,189             0   +      128
  Securities, repurchase agreements, and loans                           2,662,765    -    3,610   +  551,067
    Securities held outright (1)                                         2,650,862    -    3,600   +  601,084
      U.S. Treasury securities                                           1,647,633    +    2,890   +  868,084
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,553,852    +    2,909   +  839,281
        Notes and bonds, inflation-indexed (2)                              65,948             0   +   24,819
        Inflation compensation (3)                                           9,410    -       19   +    3,983
      Federal agency debt securities (2)                                   110,660    -    1,775   -   46,551
      Mortgage-backed securities (4)                                       892,569    -    4,716   -  220,448
    Repurchase agreements (5)                                                    0             0            0
    Loans                                                                   11,903    -       10   -   50,018
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0             0            0
  Net portfolio holdings of Maiden Lane LLC (7)                             18,174    -    2,648   -   10,807
  Net portfolio holdings of Maiden Lane II LLC (8)                          10,068    +        4   -    5,899
  Net portfolio holdings of Maiden Lane III LLC (9)                         21,315    -      307   -    2,009
  Net portfolio holdings of TALF LLC (10)                                      767             0   +      227
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                           0             0   -   25,733
  Items in process of collection                            (118)              222    +       70   -       49
  Bank premises                                                              2,199    +        1   -       28
  Central bank liquidity swaps (12)                                            200    +      200   -      234
  Other assets (13)                                                        127,559    -    8,251   +   37,964

Total assets                                                (118)        2,861,695    -   14,541   +  544,626
 
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
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Aug 17, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Aug 10, 2011 Aug 18, 2010
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         992,382    -      409   +   85,626
  Reverse repurchase agreements (14)                                        95,911    -      896   +   35,726
  Deposits                                                    (0)        1,701,186    -   14,006   +  424,591
    Term deposits held by depository institutions                            5,088             0   +    2,969
    Other deposits held by depository institutions                       1,647,157    +   19,097   +  605,362
    U.S. Treasury, general account                                           8,905    -    5,694   -   21,312
    U.S. Treasury, supplementary financing account                               0             0   -  199,955
    Foreign official                                                         5,126    +    2,501   +    3,031
    Other                                                     (0)           34,910    -   29,910   +   34,497
  Deferred availability cash items                          (118)            1,344    -       99   -      734
  Other liabilities and accrued dividends (15)                              19,056    +      819   +    4,123

Total liabilities                                           (118)        2,809,878    -   14,592   +  549,331

Capital accounts
  Capital paid in                                                           25,909    +       26   -      784
  Surplus                                                                   25,909    +       26   +       70
  Other capital accounts                                                         0             0   -    3,989

Total capital                                                               51,817    +       51   -    4,705
 
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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
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. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank
    of New York has been paid in full for its	preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A
    portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were
    held as agent by the Federal Reserve.
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
    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. Before the closing of the AIG
    recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
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. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from
    American International Group, Inc. asset dispositions, held as agent.


 
9. Statement of Condition of Each Federal Reserve Bank,    August 17, 2011
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         390       3,866         432         450         872       1,394         854         319         197         318         728       1,217
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,189          51          69         164         161         361         198         331          39          58         167         225         364
  Securities, repurchase agreements,
     and loans                               2,662,765      65,175   1,244,565      90,811      71,605     306,148     197,079     157,432      50,205      40,776      70,529     104,842     263,598
    Securities held outright (1)             2,650,862      65,175   1,232,765      90,808      71,605     306,148     197,072     157,423      50,173      40,740      70,514     104,842     263,598
      U.S. Treasury securities               1,647,633      40,509     766,220      56,441      44,506     190,285     122,489      97,845      31,185      25,322      43,828      65,164     163,838
        Bills (2)                               18,423         453       8,567         631         498       2,128       1,370       1,094         349         283         490         729       1,832
        Notes and bonds (3)                  1,629,211      40,057     757,653      55,810      44,008     188,157     121,120      96,751      30,836      25,039      43,338      64,435     162,006
      Federal agency debt securities (2)       110,660       2,721      51,462       3,791       2,989      12,780       8,227       6,572       2,094       1,701       2,944       4,377      11,004
      Mortgage-backed securities (4)           892,569      21,945     415,083      30,576      24,110     103,083      66,356      53,006      16,894      13,717      23,743      35,301      88,756
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Loans                                       11,903           0      11,800           3           0           0           7           9          32          37          15           0           0
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               18,174           0      18,174           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            10,068           0      10,068           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           21,315           0      21,315           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          767           0         767           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                     0           0           0           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   340          24           0          56         104           6          27          33           5          13           7          16          49
  Bank premises                                  2,199         123         255          67         137         236         214         206         135         106         261         247         212
  Central bank liquidity swaps (12)                200           7          58          19          15          41          11           5           2           6           2           3          31
  Other assets (13)                            127,559       3,434      54,242       6,215       4,750      17,269       9,023       6,618       2,130       2,418       2,913       4,388      14,158
  Interdistrict settlement account                   0   -     397   + 198,264   +  14,101   +   8,568   - 119,203   -  31,141   -  10,210   -   8,853   -  19,065   -  18,681   -   2,724   -  10,659

Total assets                                 2,861,813      69,003   1,553,461     112,076      86,027     206,141     177,459     155,693      44,133      24,600      55,669     108,008     269,543
 
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,    August 17, 2011 (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          1,154,331      43,344     385,791      46,732      55,338      95,863     141,354      90,998      34,077      19,346      32,136      75,042     134,311
    Less: Notes held by F.R. Banks             161,949       5,306      42,930       6,330       7,631      12,665      23,671      13,390       4,530       5,557       3,475      11,098      25,366
      Federal Reserve notes, net               992,382      38,038     342,861      40,401      47,708      83,197     117,683      77,607      29,547      13,789      28,661      63,943     108,946
  Reverse repurchase agreements (14)            95,911       2,358      44,603       3,286       2,591      11,077       7,130       5,696       1,815       1,474       2,551       3,793       9,537
  Deposits                                   1,701,186      26,425   1,136,099      63,110      31,226      99,718      49,011      70,299      12,059       8,665      23,639      39,070     141,864
    Term deposits held by depository
       institutions                              5,088          20       1,485         805           0       1,765           0          22          75          40           6          30         840
    Other deposits held by depository
       institutions                          1,647,157      26,401   1,085,919      62,301      31,222      97,811      49,009      70,252      11,934       8,624      23,632      39,039     141,013
    U.S. Treasury, general account               8,905           0       8,905           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                             0           0           0           0           0           0           0           0           0           0           0           0           0
    Foreign official                             5,126           1       5,097           4           3           8           2           1           0           1           0           1           6
    Other                                       34,910           2      34,693           0           1         134           0          23          51           0           1           0           4
  Deferred availability cash items               1,461          75           0         232         213          51          76         108          52         276          77          71         231
  Interest on Federal Reserve notes due
     to U.S. Treasury (15)                       1,502          20         573          73          58         219         124          91          30          29          40          60         186
  Other liabilities and accrued
     dividends (16)                             17,553         202      13,805         265         268         759         479         407         179         146         183         289         571

Total liabilities                            2,809,995      67,118   1,537,940     107,367      82,063     195,022     174,504     154,208      43,682      24,380      55,151     107,226     261,335

Capital
  Capital paid in                               25,909         943       7,761       2,354       1,982       5,560       1,477         743         225         110         259         391       4,104
  Surplus                                       25,909         943       7,761       2,354       1,982       5,560       1,477         743         225         110         259         391       4,104
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,861,813      69,003   1,553,461     112,076      86,027     206,141     177,459     155,693      44,133      24,600      55,669     108,008     269,543
 
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,    August 17, 2011 (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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve.
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 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. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the
    FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which
    requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the
    amount necessary to equate surplus with capital paid-in.
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below. Before the closing of the AIG recapitalization plan on January 14,
    2011, included funds from American International Group, Inc. asset dispositions, held as agent.


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
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Aug 17, 2011 
 
Federal Reserve notes outstanding                                                          1,154,331
  Less: Notes held by F.R. Banks not subject to collateralization                            161,949
    Federal Reserve notes to be collateralized                                               992,382
Collateral held against Federal Reserve notes                                                992,382
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   976,145
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,650,862
  Less: Face value of securities under reverse repurchase agreements                          90,833
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,560,030
 
Note: Components may not sum to totals because of rounding.

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

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