Board of Governors of the Federal Reserve System

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

Reserve Bank credit

 7,175,816

-    6,312

-1,073,918

 7,167,173

Securities held outright1

 6,770,215

-    6,116

-  864,129

 6,761,831

U.S. Treasury securities

 4,431,899

-    6,088

-  661,993

 4,423,552

Bills2

   195,293

         0

-   68,620

   195,293

Notes and bonds, nominal2

 3,771,060

-    1,683

-  583,828

 3,768,759

Notes and bonds, inflation-indexed2

   347,619

-    3,467

-   19,033

   342,996

Inflation compensation3

   117,927

-      939

+    9,487

   116,505

Federal agency debt securities2

     2,347

         0

         0

     2,347

Mortgage-backed securities4

 2,335,969

-       28

-  202,135

 2,335,932

Unamortized premiums on securities held outright5

   263,040

-      409

-   31,653

   262,938

Unamortized discounts on securities held outright5

   -24,603

-       68

+    2,750

   -24,496

Repurchase agreements6

       115

+      100

+      111

       100

Foreign official

       100

+       99

+      100

       100

Others

        15

+        1

+       11

         0

Loans

   113,254

-    2,411

-  160,084

   112,687

Primary credit

     6,746

+      143

+    3,980

     6,634

Secondary credit

         0

         0

         0

         0

Seasonal credit

        67

         0

+       37

        70

Paycheck Protection Program Liquidity Facility

     2,767

-       30

-    4,073

     2,735

Bank Term Funding Program

   103,673

-    2,526

+    1,094

   103,248

Other credit extensions7

         0

         0

-  161,123

         0

Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8

    11,053

-      135

-    8,815

    10,869

Net portfolio holdings of Municipal Liquidity Facility LLC8

         0

         0

-    5,599

         0

Net portfolio holdings of TALF II LLC8

         0

         0

-    1,641

         0

Float

      -305

+       75

-      154

      -279

Central bank liquidity swaps9

       163

+       29

-       72

       163

Other Federal Reserve assets10

    42,885

+    2,624

-    4,632

    43,359

Foreign currency denominated assets11

    17,965

+      210

-      970

    18,053

Gold stock

    11,041

         0

         0

    11,041

Special drawing rights certificate account

    10,200

         0

+    5,000

    10,200

Treasury currency outstanding12

    53,008

+       14

+      728

    53,008

Total factors supplying reserve funds

 7,268,031

-    6,087

-1,069,159

 7,259,475

Currency in circulation12

 2,352,418

-    5,323

+   14,170

 2,350,408

Reverse repurchase agreements13

   801,011

-    2,332

-1,260,116

   790,041

Foreign official and international accounts

   394,475

-      532

+   71,598

   390,640

Others

   406,536

-    1,800

-1,331,714

   399,401

Treasury cash holdings

       407

+        2

+      163

       402

Deposits with F.R. Banks, other than reserve balances

   910,418

+   17,004

+  186,377

   923,081

Term deposits held by depository institutions

         0

         0

         0

         0

U.S. Treasury, General Account

   751,593

+   15,191

+  220,458

   766,779

Foreign official

     9,685

         0

-        1

     9,684

Other14

   149,140

+    1,814

-   34,080

   146,617

Treasury contributions to credit facilities15

     4,958

         0

-    8,400

     4,958

Other liabilities and capital16

  -132,606

-    4,886

-  102,322

  -131,861

Total factors, other than reserve balances,
absorbing reserve funds

 3,936,606

+    4,465

-1,170,128

 3,937,028

Reserve balances with Federal Reserve Banks

 3,331,425

-   10,552

+  100,968

 3,322,446

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 securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements.

7.

Includes outstanding loans to depository institutions that were subsequently placed into Federal Deposit Insurance Corporation (FDIC) receivership, including depository institutions established by the FDIC. The Federal Reserve Banks' loans to these depository institutions are secured by pledged collateral and the FDIC provides repayment guarantees.

8.

Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to 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.

Includes bank premises, accrued interest, and other accounts receivable.

11.

Revalued daily at current foreign currency exchange rates.

12.

Estimated.

13.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities

14.

Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements.  Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.

15.

Book value. Amount of equity investments in MS Facilities 2020 LLC of $5.0 billion.

16.

Includes the liability for earnings remittances due to the U.S. Treasury.

Securities held in custody for foreign official and international accounts

 3,311,442

-      755

-  120,046

 3,315,041

Marketable U.S. Treasury securities1

 2,925,457

-      354

-   69,860

 2,929,223

Federal agency debt and mortgage-backed securities2

   305,757

-      409

-   48,548

   305,540

Other securities3

    80,228

+        8

-    1,639

    80,277

Securities lent to dealers

    36,483

+      600

-    1,406

    38,987

Overnight facility4

    36,483

+      600

-    1,406

    38,987

U.S. Treasury securities

    36,483

+      600

-    1,406

    38,987

Federal agency debt securities

         0

         0

         0

         0

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.

Loans1

     1,664

     5,109

   103,561

     2,354

         0

...

   112,687

U.S. Treasury securities2

Holdings

    57,058

   184,932

   544,310

 1,479,567

   637,630

 1,520,056

 4,423,552

Weekly changes

-    5,939

-   21,852

+    9,873

+    8,361

-    8,610

+    3,625

-   14,543

Federal agency debt securities3

Holdings

         0

         0

         0

       486

     1,861

         0

     2,347

Weekly changes

         0

         0

         0

         0

         0

         0

         0

Mortgage-backed securities4

Holdings

         0

         1

        31

     6,295

    26,736

 2,302,869

 2,335,932

Weekly changes

         0

         0

         0

         0

         0

-       64

-       65

Loan participations held by MS

Facilities 2020 LLC (Main Street

Lending Program)5

         0

         0

         0

     5,971

...

...

     5,971

Repurchase agreements6

       100

         0

...

...

...

...

       100

Central bank liquidity swaps7

       163

         0

         0

         0

         0

         0

       163

Reverse repurchase agreements6

   790,041

         0

...

...

...

...

   790,041

Term deposits

         0

         0

         0

...

...

...

         0

1.

Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility (PPPLF), Bank Term Funding Program, and other credit extensions. A component of PPPLF loans presented in the Within 15 day category has reached maturity and is recognized as performing loans based upon the underlying guarantee of the collateral by the Small Business Administration. Loans exclude the loans from the Federal Reserve Bank of Boston (FRBB) to MS Facilities 2020 LLC, which were eliminated when preparing the FRBB'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. The current face value shown is the remaining principal balance of the securities.

5.

Book value of the loan participations held by the MS Facilities 2020 LLC.

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.

Mortgage-backed securities held outright1

 2,335,932

Residential mortgage-backed securities

 2,327,790

Commercial mortgage-backed securities

     8,142

Commitments to buy mortgage-backed securities2

        81

Commitments to sell mortgage-backed securities2

         0

Cash and cash equivalents3

         0

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. Includes residential and commercial mortgage-backed securities. Residential mortgage-backed securities generally settle within 180 calendar days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities generally settle within three business days.

3.

This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6.

MS Facilities 2020 LLC (Main Street Lending Program)

     4,903

     5,060

     5,808

    10,869

1.

Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC upon settlement of the investment activity.

2.

Outstanding amount of facility asset purchases includes loan participations at face value, net of an allowance for credit losses updated as of March 31, 2024.

3.

Includes short term receivables, interest and dividend receivables, and other assets of the facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as investments in nonmarketable Treasury securities and the residual portion which is held as cash and cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6. Refer to the note on consolidation accompanying table 6.

Assets

Gold certificate account

    11,037

         0

         0

Special drawing rights certificate account

    10,200

         0

+    5,000

Coin

     1,427

+        8

+       54

Securities, unamortized premiums and discounts, repurchase agreements, and loans

 7,113,061

-   17,839

-1,049,691

Securities held outright1

 6,761,831

-   14,607

-  861,610

U.S. Treasury securities

 4,423,552

-   14,543

-  659,484

Bills2

   195,293

         0

-   68,324

Notes and bonds, nominal2

 3,768,759

-    4,026

-  578,213

Notes and bonds, inflation-indexed2

   342,996

-    8,090

-   21,553

Inflation compensation3

   116,505

-    2,426

+    8,608

Federal agency debt securities2

     2,347

         0

         0

Mortgage-backed securities4

 2,335,932

-       65

-  202,127

Unamortized premiums on securities held outright5

   262,938

-      349

-   31,546

Unamortized discounts on securities held outright5

   -24,496

-       12

+    2,763

Repurchase agreements6

       100

+       99

+       75

Loans7

   112,687

-    2,970

-  159,374

Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8

    10,869

-      330

-    8,844

Net portfolio holdings of Municipal Liquidity Facility LLC8

         0

         0

-    5,601

Net portfolio holdings of TALF II LLC8

         0

         0

-    1,642

Items in process of collection

(0)

        78

+       25

+       23

Bank premises

       429

+        5

-       23

Central bank liquidity swaps9

       163

+       41

-       72

Foreign currency denominated assets10

    18,053

+      318

-      810

Other assets11

    42,931

+    1,940

-    4,697

Total assets

(0)

 7,208,247

-   15,832

-1,066,305

Liabilities

Federal Reserve notes, net of F.R. Bank holdings

 2,299,224

-    5,659

+   13,997

Reverse repurchase agreements12

   790,041

-   31,202

-1,268,644

Deposits

(0)

 4,245,527

+   25,728

+  298,306

Term deposits held by depository institutions

         0

         0

         0

Other deposits held by depository institutions

 3,322,446

-   18,601

+  101,856

U.S. Treasury, General Account

   766,779

+   44,451

+  229,338

Foreign official

     9,684

-        1

-        2

Other13

(0)

   146,617

-      121

-   32,887

Deferred availability cash items

(0)

       357

+       15

+      139

Treasury contributions to credit facilities14

     4,958

         0

-    8,400

Other liabilities and accrued dividends15

  -175,159

-    4,716

-  102,587

Total liabilities

(0)

 7,164,949

-   15,833

-1,067,189

Capital accounts

Capital paid in

    36,512

         0

+      883

Surplus

     6,785

         0

         0

Other capital accounts

         0

         0

         0

Total capital

    43,297

         0

+      883

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 securities, Federal agency debt securities, and 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.

Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility, Bank Term Funding Program, and other credit extensions.

8.

Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to 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, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements.  Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.

14.

Book value. Amount of equity investments in MS Facilities 2020 LLC of $5.0 billion.

15.

Includes the liability for earnings remittances due to the U.S. Treasury.

Assets

Gold certificates and special drawing rights certificates

    21,237

       729

     6,619

       657

       997

     1,557

     2,999

     1,417

       635

       355

       599

     1,786

     2,887

Coin

     1,427

        40

        38

       166

        44

       182

       106

       249

        32

        50

        99

       176

       246

Securities, unamortized premiums and discounts, repurchase agreements,
and loans1

 7,113,061

   158,036

 3,779,770

   106,829

   276,347

   707,222

   477,779

   394,128

   104,036

    49,535

    85,574

   315,593

   658,213

Net portfolio holdings of MS

Facilities 2020 LLC (Main Street

Lending Program)2

    10,869

    10,869

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Central bank liquidity swaps3

       163

         7

        56

         6

        17

        32

         5

         8

         4

         1

         2

         4

        21

Foreign currency denominated

assets4

    18,053

       753

     6,244

       636

     1,920

     3,561

       591

       886

       407

       113

       197

       434

     2,311

Other assets5

    43,438

     1,222

    20,087

       762

     1,682

     4,546

     3,908

     2,413

       871

       578

       980

     2,101

     4,289

Interdistrict settlement account

         0

-      899

+   16,996

+   22,934

+   12,465

-   41,105

-   16,369

-   35,403

+      320

-    3,518

-   15,761

-    5,549

+   65,888

Total assets

 7,208,247

   170,757

 3,829,809

   131,989

   293,473

   675,995

   469,019

   363,698

   106,304

    47,114

    71,689

   314,544

   733,855

Liabilities

Federal Reserve notes, net

 2,299,224

    87,526

   741,498

    56,608

   115,957

   161,750

   356,017

   111,004

    74,263

    28,230

    34,114

   201,687

   330,570

Reverse repurchase agreements6

   790,041

    16,433

   425,153

    11,771

    30,808

    78,750

    52,857

    43,601

    11,055

     4,935

     8,687

    34,500

    71,492

Deposits

 4,245,527

    62,354

 2,758,947

    63,888

   149,631

   455,502

    57,940

   219,345

    19,821

    13,739

    28,848

    78,333

   337,178

Depository institutions

 3,322,446

    62,301

 1,932,589

    63,887

   149,599

   455,286

    57,913

   123,172

    19,815

    13,667

    28,817

    78,260

   337,141

U.S. Treasury, General Account

   766,779

         0

   766,779

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Foreign official

     9,684

         2

     9,658

         1

         4

         8

         1

         2

         1

         0

         0

         1

         5

Other7

   146,617

        51

    49,921

         0

        28

       208

        26

    96,171

         5

        71

        31

        72

        32

Earnings remittances due to the U.S. Treasury8

  -182,699

    -3,536

  -113,566

    -1,979

    -7,797

   -29,460

        99

   -12,831

        26

      -187

      -601

    -1,369

   -11,497

Treasury contributions to credit facilities9

     4,958

     4,958

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Other liabilities and accrued
dividends

     7,897

     1,188

     2,908

       184

       304

       909

       647

       445

       156

       124

       181

       233

       617

Total liabilities

 7,164,949

   168,924

 3,814,941

   130,471

   288,902

   667,451

   467,558

   361,564

   105,321

    46,842

    71,229

   313,385

   728,361

Capital

Capital paid in

    36,512

     1,550

    12,522

     1,279

     3,849

     7,205

     1,238

     1,801

       830

       230

       387

       996

     4,625

Surplus

     6,785

       283

     2,346

       239

       722

     1,339

       222

       333

       153

        42

        74

       163

       869

Other capital

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Total liabilities and capital

 7,208,247

   170,757

 3,829,809

   131,989

   293,473

   675,995

   469,019

   363,698

   106,304

    47,114

    71,689

   314,544

   733,855

1.

Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight securities

lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between

the purchase price and the face value of the securities that have not been amortized.  For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities,

amortization is on an effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility, Bank Term Funding Program, and other credit extensions.

2.

Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.

3.

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.

4.

Revalued daily at current foreign currency exchange rates.

5.

Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable.

6.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

7.

Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements.  Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.

8.

The Federal Reserve Banks remit residual net earnings to the U.S. Treasury after providing for the costs of operations, payment of dividends, and the amount necessary to maintain each Federal Reserve Bank's allotted surplus cap. Positive amounts represent the estimated weekly remittances due to U.S. Treasury. Negative amounts represent the cumulative deferred asset position, which is incurred during a period when earnings are not sufficient to provide for the cost of operations, payment of dividends, and maintaining surplus. The deferred asset is the amount of net earnings that the Federal Reserve Banks need to realize before remittances to the U.S. Treasury resume.

9.

Book value. Amount of equity investments in MS Facilities 2020 LLC of $5.0 billion.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) and the Federal Reserve Bank of Boston (FRBB) have extended loans to limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 5, 2020, FRBNY began extending loans to the Municipal Liquidity Facility LLC (MLF LLC), a limited liability company formed to purchase municipal notes from eligible issuers. The assets of the MLF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 25, 2020, FRBNY began extending loans to the TALF II LLC, a special purpose vehicle that was formed to help support the flow of credit to consumers and businesses. The assets of the TALF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On July 15, 2020, the FRBB began extending loans to the MS Facilities 2020 LLC (Main Street Lending Program), a special purpose vehicle that was formed to help ensure credit flows to small and medium-sized businesses and to eligible nonprofits. The assets of the MS Facilities 2020 LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the FRBB.

The FRBNY is the managing member of MLF LLC and TALF II LLC. The FRBB is the managing member of MS Facilities 2020 LLC (Main Street Lending Program). Consistent with generally accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities of the FRBNY or FRBB, in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated as are any balances held at the FRBNY for LLCs consolidated to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appears as assets on table 6 (and in table 1 and table 5), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this table (and table 1 and table 5). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as liabilities on table 6 (and in table 1 and table 5).

Federal Reserve notes outstanding

 2,762,130

Less: Notes held by F.R. Banks not subject to collateralization

   462,906

Federal Reserve notes to be collateralized

 2,299,224

Collateral held against Federal Reserve notes

 2,299,224

Gold certificate account

    11,037

Special drawing rights certificate account

    10,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2

 2,277,987

Other assets pledged

         0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2

 6,761,931

Less: Face value of securities under reverse repurchase agreements

   911,674

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged

 5,850,258

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.