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Release Date: November 12, 2015
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FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                November 12, 2015


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  Nov 11, 2015 
Federal Reserve Banks                                     Nov 11, 2015  Nov 4, 2015 Nov 12, 2014              

Reserve Bank credit                                         4,453,274   +    1,533   +    5,710    4,453,905  
  Securities held outright (1)                              4,239,981   -       37   +   20,791    4,239,967  
    U.S. Treasury securities                                2,461,732   -       46   +      137    2,461,718  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,639            0   -       74    2,346,639  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +       65       98,534  
      Inflation compensation (3)                               16,559   -       45   +      146       16,545  
    Federal agency debt securities (2)                         34,146            0   -    5,554       34,146  
    Mortgage-backed securities (4)                          1,744,103   +        8   +   26,207    1,744,103  
  Unamortized premiums on securities held outright (5)        191,852   -      370   -   16,693      191,733  
  Unamortized discounts on securities held outright (5)       -16,820   +       33   +    1,823      -16,809  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           121   -       26   -       13          112  
    Primary credit                                                  1   -        5   -       16            0  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               119   -       22   +        1          112  
    Term Asset-Backed Securities Loan Facility (7)                  0            0            0            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,713            0   +       34        1,713  
  Net portfolio holdings of TALF LLC (9)                            0            0            0            0  
  Float                                                           146   -      162   +      771          -41  
  Central bank liquidity swaps (10)                               141   -        2   +      141          141  
  Other Federal Reserve assets (11)                            36,139   +    2,097   -    1,144       37,088  
Foreign currency denominated assets (12)                       19,343   -      404   -    2,328       19,258  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             47,411   +       14   +    1,161       47,411  
                                                                                                              
Total factors supplying reserve funds                       4,536,269   +    1,143   +    4,543    4,536,816  

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  Nov 11, 2015 
Federal Reserve Banks                                     Nov 11, 2015  Nov 4, 2015 Nov 12, 2014              

Currency in circulation (13)                                 1,403,317   +    6,396   +   92,440    1,405,607 
Reverse repurchase agreements (14)                             272,970   -   99,215   +   66,596      276,999 
  Foreign official and international accounts                  194,953   -    4,935   +   94,505      193,869 
  Others                                                        78,018   -   94,279   -   27,908       83,130 
Treasury cash holdings                                             241   +        3   +       44          254 
Deposits with F.R. Banks, other than reserve balances          137,491   +   79,723   -  245,035      127,667 
  Term deposits held by depository institutions                      0            0   -  262,102            0 
  U.S. Treasury, General Account                               107,125   +   77,330   -       80       96,449 
  Foreign official                                               5,507   +      237   +      258        5,358 
  Other (15)                                                    24,859   +    2,156   +   16,888       25,859 
Other liabilities and capital (16)                              66,274   +      827   +    2,620       66,949 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,880,293   -   12,267   -   83,335    1,877,477 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,655,976   +   13,410   +   87,877    2,659,338 

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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the      
    Term Asset-Backed Securities Loan Facility.                                                         
8.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
9.  Refer to the note on consolidation accompanying table 6.                                                
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
12. Revalued daily at current foreign currency exchange rates.                                              
13. Estimated.                                                                                              
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
16. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      
                                                                                                            



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





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Nov 11, 2015 
                                                          Nov 11, 2015  Nov 4, 2015 Nov 12, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,303,332   +   19,569   -    6,195    3,302,008 
  Marketable U.S. Treasury securities (1)                    2,982,375   +   19,967   -      660    2,981,198 
  Federal agency debt and mortgage-backed securities (2)       274,846   -      467   -    9,958      274,762 
  Other securities (3)                                          46,112   +       70   +    4,423       46,047 
Securities lent to dealers                                      17,167   +      957   +    8,042       16,483 
  Overnight facility (4)                                        17,167   +      957   +    8,042       16,483 
    U.S. Treasury securities                                    17,120   +      961   +    8,645       16,434 
    Federal agency debt securities                                  47   -        4   -      603           49 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, November 11, 2015   

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                           32            80             0             0             0           ...           112 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                     326         1,912       178,397     1,130,233       512,960       637,889     2,461,718 
  Weekly changes                                 0             0    -        2    -        6    -        7    -       28    -       42 
Federal agency debt securities (2)                                                                                                     
  Holdings                                   1,202         1,626        12,825        16,146             0         2,347        34,146 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           394         9,277     1,734,432     1,744,103 
  Weekly changes                                 0             0             0             0             0    +        1    +        1 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               141             0             0             0             0             0           141 
                                                                                                                                       
Reverse repurchase agreements (4)          276,999             0           ...           ...           ...           ...       276,999 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 11, 2015  

Mortgage-backed securities held outright (1)                                                                             1,744,103  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           33,995  
Commitments to sell mortgage-backed securities (2)                                                                             200  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   17  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
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 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Nov 11, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,713  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of September 30, 2015. 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 6.                                                  
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 5 and table 6.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Nov 11, 2015   Wednesday    Wednesday  
                                                        consolidation                 Nov 4, 2015 Nov 12, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,885   -        1   +        2  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,415,004   -      360   +    5,883  
    Securities held outright (1)                                          4,239,967   -       41   +   20,770  
      U.S. Treasury securities                                            2,461,718   -       42   +      116  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,639            0   -       74  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +       65  
        Inflation compensation (3)                                           16,545   -       42   +      125  
      Federal agency debt securities (2)                                     34,146            0   -    5,554  
      Mortgage-backed securities (4)                                      1,744,103   +        1   +   26,207  
    Unamortized premiums on securities held outright  
    (5)                                                                     191,733   -      331   -   16,692  
    Unamortized discounts on securities held outright 
    (5)                                                                     -16,809   +       30   +    1,823  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       112   -       20   -       19  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,713            0   +       34  
  Net portfolio holdings of TALF LLC (8)                                          0            0            0  
  Items in process of collection                                   (0)          686   +      234   +      563  
  Bank premises                                                               2,231            0   -       30  
  Central bank liquidity swaps (9)                                              141   -        2   +      141  
  Foreign currency denominated assets (10)                                   19,258   -      297   -    2,406  
  Other assets (11)                                                          34,857   +    2,736   -    1,071  
                                                                                                               
Total assets                                                       (0)    4,492,012   +    2,310   +    3,117  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Nov 11, 2015   Wednesday    Wednesday  
                                                        consolidation                 Nov 4, 2015 Nov 12, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,360,331   +    4,482   +   91,386 
  Reverse repurchase agreements (12)                                         276,999   -   31,285   +   65,429 
  Deposits                                                          (0)    2,787,005   +   26,862   -  156,842 
    Term deposits held by depository institutions                                  0            0   -  262,102 
    Other deposits held by depository institutions                         2,659,338   -   30,513   +   88,642 
    U.S. Treasury, General Account                                            96,449   +   52,234   +    1,441 
    Foreign official                                                           5,358   +       77   +      109 
    Other (13)                                                      (0)       25,859   +    5,063   +   15,067 
  Deferred availability cash items                                  (0)          727   +      352   -      454 
  Other liabilities and accrued dividends (14)                                 8,297   +    1,874   +    1,443 
                                                                                                               
Total liabilities                                                   (0)    4,433,360   +    2,285   +      964 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,326   +       12   +    1,076 
  Surplus                                                                     29,326   +       12   +    1,076 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,653   +       26   +    2,154 

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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Refer to the note on consolidation accompanying table 6.                                                
9.  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.     
10. Revalued daily at current foreign currency exchange rates.                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
14. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, November 11, 2015
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,885          48          72          128         130         299         192         274          31          42         152         194         323
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,415,004     111,915   2,650,312      109,806     106,144     239,789     248,636     164,037      46,044      26,921      57,357     142,223     511,821
    Securities held outright (1)               4,239,967     107,481   2,545,303      105,455     101,939     230,288     238,761     157,534      44,216      25,786      55,079     136,583     491,541
      U.S. Treasury securities                 2,461,718      62,403   1,477,799       61,227      59,186     133,705     138,624      91,464      25,672      14,971      31,979      79,300     285,388
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,718      62,403   1,477,799       61,227      59,186     133,705     138,624      91,464      25,672      14,971      31,979      79,300     285,388
      Federal agency debt securities (2)          34,146         866      20,498          849         821       1,855       1,923       1,269         356         208         444       1,100       3,959
      Mortgage-backed securities (4)           1,744,103      44,212   1,047,006       43,379      41,932      94,728      98,214      64,801      18,188      10,607      22,657      56,183     202,195
    Unamortized premiums on securities held 
      outright (5)                               191,733       4,860     115,100        4,769       4,610      10,414      10,797       7,124       1,999       1,166       2,491       6,176      22,228
    Unamortized discounts on securities     
      held outright (5)                          -16,809        -426     -10,091         -418        -404        -913        -947        -625        -175        -102        -218        -541      -1,949
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            112           0           0            0           0           0          24           4           4          71           6           5           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,713           0       1,713            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (8)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     686           0           0            0           0           0         686           0           0           0           0           0           0
  Bank premises                                    2,231         125         437           74         106         213         207         204         118          92         238         220         196
  Central bank liquidity swaps (9)                   141           6          45            8          11          32           8           4           1           1           1           2          21
  Foreign currency denominated                                                                                                                                                                           
     assets (10)                                  19,258         873       6,209        1,076       1,501       4,418       1,096         517         179          81         203         277       2,827
  Other assets (11)                               34,857         926      20,435          879         850       2,054       1,983       1,310         451         242         496       1,182       4,049
  Interdistrict settlement account                     0  -   19,334  -  185,074   +    6,270  +   26,815  +   49,423  +    1,266  +   22,731  +   13,277  +    6,507  +    4,084  +   16,922  +   57,114
                                                                                                                                                                                                         
Total assets                                   4,492,012      95,102   2,499,678      118,790     136,300     297,423     256,328     190,234      60,550      34,147      62,972     162,193     578,295

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, November 11, 2015 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,538,753      48,840     499,965      49,967      83,629     107,538     217,460     104,238      52,175      27,079      41,150     118,570     188,141
    Less: Notes held by F.R. Banks               178,422       5,846      62,473       6,321       8,938      11,770      22,347      10,464       4,672       2,878       4,548      13,356      24,810
      Federal Reserve notes, net               1,360,331      42,994     437,492      43,646      74,691      95,768     195,113      93,775      47,503      24,201      36,602     105,214     163,332
  Reverse repurchase agreements (12)             276,999       7,022     166,286       6,889       6,660      15,045      15,598      10,292       2,889       1,685       3,598       8,923      32,113
  Deposits                                     2,787,005      42,240   1,872,232      64,754      50,182     172,801      41,368      84,204       9,406       7,538      21,995      46,891     373,393
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,659,338      42,236   1,753,182      64,752      50,178     172,546      41,359      75,910       9,368       7,538      21,994      46,889     373,385
    U.S. Treasury, General Account                96,449           0      96,449           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,358           2       5,331           2           3           9           2           1           0           0           0           1           6
    Other (13)                                    25,859           2      17,270           0           0         246           7       8,293          37           0           1           1           2
  Deferred availability cash items                   727           0           0           0           0           0         416           0           0         312           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (14)                         3,424          77       2,280          59          44          59         192         137          32          20          40         115         369
  Other liabilities and accrued             
     dividends                                     4,873         162       2,168         207         229         587         322         248         130         140         124         180         376
                                                                                                                                                                                                        
Total liabilities                              4,433,360      92,495   2,480,459     115,556     131,806     284,261     253,008     188,655      59,959      33,895      62,360     161,324     569,583
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,326       1,304       9,609       1,617       2,247       6,581       1,660         790         296         126         306         434       4,356
  Surplus                                         29,326       1,304       9,609       1,617       2,247       6,581       1,660         790         296         126         306         434       4,356
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,492,012      95,102   2,499,678     118,790     136,300     297,423     256,328     190,234      60,550      34,147      62,972     162,193     578,295

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, November 11, 2015 (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. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Refer to the note on consolidation below.                                                                                                                                                               
9.  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.                                                                                                 
10. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
14. 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.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 (ML), which was formed to acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was
repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. On November 25,
2008, the Federal Reserve Board authorized FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by FRBNY in connection with the
decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility. On January 15, 2013 FRBNY's commitment to extend credit to TALF LLC was eliminated. 

FRBNY was the primary beneficiary of ML because it received a majority of the residual returns and could have absorbed a majority of any residual losses should they have occurred. FRBNY was
the primary beneficiary of TALF LLC, because of the two beneficiaries of TALF LLC, FRBNY and the U.S. Treasury, FRBNY was primarily responsible for directing the financial activities of TALF
LLC. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were consolidated with the assets and liabilities of FRBNY in the preparation of the
statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from FRBNY to the LLCs were eliminated, the net assets of the LLCs appeared as assets
on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than FRBNY, including those with recourse only to the portfolio holdings of the LLCs, were
included in other liabilities in this table (and table 1 and table 5).

                                                                                                                    



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Nov 11, 2015  

Federal Reserve notes outstanding                                                            1,538,753  
  Less: Notes held by F.R. Banks not subject to collateralization                              178,422  
    Federal Reserve notes to be collateralized                                               1,360,331  
Collateral held against Federal Reserve notes                                                1,360,331  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,344,094  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,239,967  
  Less: Face value of securities under reverse repurchase agreements                           260,173  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,979,794  

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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