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

 7,091,189

-    9,848

-  996,247

 7,081,113

Securities held outright1

 6,709,057

-    8,852

-  800,911

 6,700,866

U.S. Treasury securities

 4,398,751

+       49

-  607,962

 4,398,721

Bills2

   195,293

         0

-   64,129

   195,293

Notes and bonds, nominal2

 3,742,437

+       14

-  530,597

 3,742,394

Notes and bonds, inflation-indexed2

   344,044

         0

-   20,505

   344,044

Inflation compensation3

   116,978

+       35

+    7,270

   116,991

Federal agency debt securities2

     2,347

         0

         0

     2,347

Mortgage-backed securities4

 2,307,958

-    8,902

-  192,951

 2,299,798

Unamortized premiums on securities held outright5

   259,629

-      696

-   30,820

   259,282

Unamortized discounts on securities held outright5

   -24,758

+       36

+    2,759

   -24,669

Repurchase agreements6

         0

         0

-        1

         0

Foreign official

         0

         0

-        1

         0

Others

         0

         0

         0

         0

Loans

   103,556

-    1,052

-  147,800

   103,172

Primary credit

     1,765

-      370

-      439

     1,679

Secondary credit

         0

         0

         0

         0

Seasonal credit

        98

+       10

+       31

        95

Paycheck Protection Program Liquidity Facility

     2,535

-       34

-    3,215

     2,524

Bank Term Funding Program

    99,159

-      657

-    8,142

    98,872

Other credit extensions7

         0

         0

-  136,034

         0

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

    10,637

+        9

-    8,878

    10,647

Net portfolio holdings of Municipal Liquidity Facility LLC8

         0

         0

-    5,615

         0

Net portfolio holdings of TALF II LLC8

         0

         0

-    1,581

         0

Float

      -310

-       50

-       37

      -541

Central bank liquidity swaps9

       145

-        6

-       87

       145

Other Federal Reserve assets10

    33,234

+      765

-    3,273

    32,210

Foreign currency denominated assets11

    18,820

+      238

+      625

    18,806

Gold stock

    11,041

         0

         0

    11,041

Special drawing rights certificate account

    10,200

         0

+    5,000

    10,200

Treasury currency outstanding12

    53,017

+       14

+      718

    53,017

Total factors supplying reserve funds

 7,184,267

-    9,596

-  989,903

 7,174,176

Currency in circulation12

 2,347,726

+      473

+   19,482

 2,350,572

Reverse repurchase agreements13

   740,504

+   17,858

-1,248,090

   802,001

Foreign official and international accounts

   405,938

+    6,696

+  116,267

   413,111

Others

   334,565

+   11,162

-1,364,358

   388,890

Treasury cash holdings

       375

-       15

+       58

       358

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

   919,529

+   19,345

+  269,387

   913,299

Term deposits held by depository institutions

         0

         0

         0

         0

U.S. Treasury, General Account

   745,851

+    9,357

+  275,051

   757,077

Foreign official

     9,682

+        1

-      110

     9,679

Other14

   163,995

+    9,986

-    5,554

   146,542

Treasury contributions to credit facilities15

     4,958

         0

-    8,400

     4,958

Other liabilities and capital16

  -142,391

-    5,237

-   97,561

  -141,971

Total factors, other than reserve balances,
absorbing reserve funds

 3,870,701

+   32,424

-1,065,124

 3,929,217

Reserve balances with Federal Reserve Banks

 3,313,566

-   42,020

+   75,221

 3,244,959

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

 3,300,376

+    2,070

-  135,485

 3,307,960

Marketable U.S. Treasury securities1

 2,922,268

+    3,284

-   79,963

 2,930,488

Federal agency debt and mortgage-backed securities2

   298,292

-    1,122

-   53,152

   298,012

Other securities3

    79,816

-       92

-    2,370

    79,461

Securities lent to dealers

    32,689

-    3,146

-    3,825

    37,778

Overnight facility4

    32,689

-    3,146

-    3,825

    37,778

U.S. Treasury securities

    32,689

-    3,146

-    3,825

    37,778

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

       891

     1,051

    99,136

     2,093

         0

...

   103,172

U.S. Treasury securities2

Holdings

    41,339

   211,970

   535,637

 1,492,601

   591,554

 1,525,619

 4,398,721

Weekly changes

-    8,953

+    9,396

-      439

+       16

+        4

-       40

-       15

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

         0

        20

     6,118

    24,713

 2,268,946

 2,299,798

Weekly changes

         0

         0

-        6

-      133

-      567

-   13,576

-   14,281

Loan participations held by MS

Facilities 2020 LLC (Main Street

Lending Program)5

         0

         0

         0

     5,666

...

...

     5,666

Repurchase agreements6

         0

         0

...

...

...

...

         0

Central bank liquidity swaps7

       145

         0

         0

         0

         0

         0

       145

Reverse repurchase agreements6

   802,001

         0

...

...

...

...

   802,001

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

 2,299,798

Residential mortgage-backed securities

 2,291,676

Commercial mortgage-backed securities

     8,121

Commitments to buy mortgage-backed securities2

         0

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)

     4,625

     4,764

     5,884

    10,647

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 June 30, 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

     1,496

+       15

+       78

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

 7,038,651

-   16,072

-  982,751

Securities held outright1

 6,700,866

-   14,296

-  807,191

U.S. Treasury securities

 4,398,721

-       15

-  608,118

Bills2

   195,293

         0

-   64,129

Notes and bonds, nominal2

 3,742,394

-       50

-  530,640

Notes and bonds, inflation-indexed2

   344,044

         0

-   20,505

Inflation compensation3

   116,991

+       35

+    7,156

Federal agency debt securities2

     2,347

         0

         0

Mortgage-backed securities4

 2,299,798

-   14,281

-  199,072

Unamortized premiums on securities held outright5

   259,282

-      777

-   30,919

Unamortized discounts on securities held outright5

   -24,669

+       43

+    2,753

Repurchase agreements6

         0

-        1

-        1

Loans7

   103,172

-    1,040

-  147,393

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

    10,647

+       12

-    8,887

Net portfolio holdings of Municipal Liquidity Facility LLC8

         0

         0

-    5,618

Net portfolio holdings of TALF II LLC8

         0

         0

-    1,583

Items in process of collection

(0)

        46

+        2

-       20

Bank premises

       432

+        4

-       32

Central bank liquidity swaps9

       145

-        6

-       87

Foreign currency denominated assets10

    18,806

+       21

+      490

Other assets11

    31,778

-      690

-    4,670

Total assets

(0)

 7,123,238

-   16,714

-  998,078

Liabilities

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

 2,299,406

+    3,415

+   18,525

Reverse repurchase agreements12

   802,001

+   83,474

-1,196,322

Deposits

(0)

 4,158,258

-   98,240

+  285,896

Term deposits held by depository institutions

         0

         0

         0

Other deposits held by depository institutions

 3,244,959

-  114,119

+   48,416

U.S. Treasury, General Account

   757,077

+   22,350

+  256,375

Foreign official

     9,679

-        2

-      733

Other13

(0)

   146,542

-    6,469

-   18,163

Deferred availability cash items

(0)

       587

+      218

-      232

Treasury contributions to credit facilities14

     4,958

         0

-    8,400

Other liabilities and accrued dividends15

  -185,382

-    5,583

-   98,236

Total liabilities

(0)

 7,079,828

-   16,716

-  998,769

Capital accounts

Capital paid in

    36,625

+        2

+      691

Surplus

     6,785

         0

         0

Other capital accounts

         0

         0

         0

Total capital

    43,410

+        2

+      691

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

     1,496

        49

        52

       171

        43

       197

       106

       251

        34

        51

       101

       183

       255

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

 7,038,651

   156,088

 3,740,345

   105,605

   273,704

   700,613

   472,629

   390,245

   103,028

    48,639

    84,661

   312,300

   650,794

Net portfolio holdings of MS

Facilities 2020 LLC (Main Street

Lending Program)2

    10,647

    10,647

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Central bank liquidity swaps3

       145

         6

        50

         5

        15

        29

         5

         7

         3

         1

         2

         3

        19

Foreign currency denominated

assets4

    18,806

       785

     6,504

       662

     2,001

     3,710

       616

       923

       423

       118

       205

       452

     2,407

Other assets5

    32,256

     1,033

    13,833

       593

     1,224

     3,408

     3,092

     1,805

       901

       518

       868

     1,636

     3,344

Interdistrict settlement account

         0

+    9,489

-   51,048

+   46,516

+   20,935

-   69,523

-    3,156

-   34,051

+    8,677

+      118

-   12,598

+    4,860

+   79,782

Total assets

 7,123,238

   178,827

 3,716,355

   154,209

   298,919

   639,992

   476,290

   360,598

   113,702

    49,800

    73,838

   321,221

   739,488

Liabilities

Federal Reserve notes, net

 2,299,406

    86,015

   743,332

    55,768

   115,114

   161,929

   357,853

   109,471

    77,417

    29,178

    30,486

   202,475

   330,368

Reverse repurchase agreements6

   802,001

    16,681

   431,589

    11,949

    31,274

    79,942

    53,657

    44,261

    11,222

     5,010

     8,818

    35,023

    72,574

Deposits

 4,158,258

    71,752

 2,643,299

    86,973

   155,932

   419,626

    62,348

   217,830

    23,913

    15,412

    34,534

    83,678

   342,960

Depository institutions

 3,244,959

    71,699

 1,827,785

    86,972

   155,901

   419,054

    62,322

   121,062

    23,907

    15,297

    34,503

    83,535

   342,922

U.S. Treasury, General Account

   757,077

         0

   757,077

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Foreign official

     9,679

         2

     9,653

         1

         4

         8

         1

         2

         1

         0

         0

         1

         5

Other7

   146,542

        52

    48,784

         0

        26

       564

        25

    96,767

         5

       114

        30

       142

        33

Earnings remittances due to the U.S. Treasury8

  -193,347

    -3,699

  -119,715

    -2,228

    -8,281

   -31,120

        48

   -13,557

         1

      -200

      -655

    -1,384

   -12,556

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

     8,552

     1,276

     2,973

       222

       307

     1,056

       917

       450

       159

       127

       188

       243

       635

Total liabilities

 7,079,828

   176,984

 3,701,479

   152,684

   294,345

   631,433

   474,824

   358,454

   112,712

    49,526

    73,372

   320,034

   733,980

Capital

Capital paid in

    36,625

     1,559

    12,531

     1,286

     3,852

     7,220

     1,244

     1,810

       837

       231

       392

     1,024

     4,639

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

 7,123,238

   178,827

 3,716,355

   154,209

   298,919

   639,992

   476,290

   360,598

   113,702

    49,800

    73,838

   321,221

   739,488

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

 2,771,737

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

   472,332

Federal Reserve notes to be collateralized

 2,299,406

Collateral held against Federal Reserve notes

 2,299,406

Gold certificate account

    11,037

Special drawing rights certificate account

    10,200

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

 2,278,169

Other assets pledged

         0

Memo:

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

 6,700,866

Less: Face value of securities under reverse repurchase agreements

   920,156

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

 5,780,710

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.