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

 7,135,096

-      489

-1,018,617

 7,136,028

Securities held outright1

 6,734,191

+       16

-  822,099

 6,734,156

U.S. Treasury securities

 4,413,672

+       35

-  622,733

 4,413,685

Bills2

   195,293

         0

-   64,129

   195,293

Notes and bonds, nominal2

 3,757,428

         0

-  545,988

 3,757,428

Notes and bonds, inflation-indexed2

   344,044

         0

-   20,505

   344,044

Inflation compensation3

   116,907

+       35

+    7,889

   116,920

Federal agency debt securities2

     2,347

         0

         0

     2,347

Mortgage-backed securities4

 2,318,171

-       19

-  199,367

 2,318,124

Unamortized premiums on securities held outright5

   260,846

-      447

-   31,130

   260,671

Unamortized discounts on securities held outright5

   -24,651

-      145

+    2,769

   -24,570

Repurchase agreements6

        15

+        9

-      131

         0

Foreign official

         1

-        3

-      143

         0

Others

        15

+       14

+       13

         0

Loans

   105,603

-    3,081

-  152,414

   105,531

Primary credit

     2,312

-    2,090

+      481

     2,410

Secondary credit

         3

+        3

+        3

         0

Seasonal credit

        75

+        7

+       17

        80

Paycheck Protection Program Liquidity Facility

     2,594

-       82

-    3,485

     2,589

Bank Term Funding Program

   100,620

-      918

-    6,273

   100,452

Other credit extensions7

         0

         0

-  143,156

         0

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

    10,893

+       13

-    8,797

    10,905

Net portfolio holdings of Municipal Liquidity Facility LLC8

         0

         0

-    5,610

         0

Net portfolio holdings of TALF II LLC8

         0

         0

-    1,579

         0

Float

      -282

+       42

-      112

      -347

Central bank liquidity swaps9

       151

+        1

-       78

       151

Other Federal Reserve assets10

    48,329

+    3,101

+      562

    49,531

Foreign currency denominated assets11

    18,481

+       25

+      114

    18,573

Gold stock

    11,041

         0

         0

    11,041

Special drawing rights certificate account

    10,200

         0

+    5,000

    10,200

Treasury currency outstanding12

    53,039

+       14

+      728

    53,039

Total factors supplying reserve funds

 7,227,858

-      449

-1,012,774

 7,228,881

Currency in circulation12

 2,349,160

-      301

+   18,180

 2,348,932

Reverse repurchase agreements13

   710,263

-    8,265

-1,359,039

   722,198

Foreign official and international accounts

   392,926

-    2,864

+   97,827

   393,726

Others

   317,337

-    5,401

-1,456,867

   328,472

Treasury cash holdings

       398

-        5

+       99

       392

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

   956,158

+   19,086

+  335,499

   951,939

Term deposits held by depository institutions

         0

         0

         0

         0

U.S. Treasury, General Account

   794,120

+   23,189

+  358,325

   788,823

Foreign official

     9,681

+        2

-        5

     9,683

Other14

   152,357

-    4,105

-   22,821

   153,432

Treasury contributions to credit facilities15

     4,958

         0

-    8,400

     4,958

Other liabilities and capital16

  -139,218

-    5,441

-   99,282

  -138,454

Total factors, other than reserve balances,
absorbing reserve funds

 3,881,719

+    5,073

-1,112,943

 3,889,965

Reserve balances with Federal Reserve Banks

 3,346,138

-    5,524

+  100,167

 3,338,916

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

 3,295,820

-   17,457

-  153,663

 3,297,293

Marketable U.S. Treasury securities1

 2,914,905

-   16,909

-   99,684

 2,917,371

Federal agency debt and mortgage-backed securities2

   300,778

-      428

-   52,097

   299,924

Other securities3

    80,137

-      119

-    1,882

    79,997

Securities lent to dealers

    34,423

-    2,266

-    7,198

    35,197

Overnight facility4

    34,423

-    2,266

-    7,198

    35,197

U.S. Treasury securities

    34,423

-    2,266

-    7,198

    35,197

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

     1,695

       925

   100,742

     2,170

         0

...

   105,531

U.S. Treasury securities2

Holdings

    74,521

   168,923

   538,661

 1,527,128

   583,558

 1,520,894

 4,413,685

Weekly changes

-    5,307

+    1,958

+    3,354

+   54,316

-   54,296

+       10

+       35

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

        26

     6,285

    25,726

 2,286,086

 2,318,124

Weekly changes

         0

         0

         0

         0

         0

-       67

-       66

Loan participations held by MS

Facilities 2020 LLC (Main Street

Lending Program)5

         0

         0

         0

     5,758

...

...

     5,758

Repurchase agreements6

         0

         0

...

...

...

...

         0

Central bank liquidity swaps7

       151

         0

         0

         0

         0

         0

       151

Reverse repurchase agreements6

   722,198

         0

...

...

...

...

   722,198

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

 2,318,124

Residential mortgage-backed securities

 2,309,992

Commercial mortgage-backed securities

     8,132

Commitments to buy mortgage-backed securities2

         0

Commitments to sell mortgage-backed securities2

        79

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

     4,856

     6,048

    10,905

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

     1,462

+       15

+       36

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

 7,075,788

-      904

-  971,351

Securities held outright1

 6,734,156

-       31

-  791,749

U.S. Treasury securities

 4,413,685

+       35

-  592,390

Bills2

   195,293

         0

-   64,129

Notes and bonds, nominal2

 3,757,428

         0

-  515,531

Notes and bonds, inflation-indexed2

   344,044

         0

-   20,505

Inflation compensation3

   116,920

+       35

+    7,775

Federal agency debt securities2

     2,347

         0

         0

Mortgage-backed securities4

 2,318,124

-       66

-  199,359

Unamortized premiums on securities held outright5

   260,671

-      477

-   31,101

Unamortized discounts on securities held outright5

   -24,570

-      145

+    2,935

Repurchase agreements6

         0

-       10

-        6

Loans7

   105,531

-      241

-  151,430

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

    10,905

+       14

-    8,592

Net portfolio holdings of Municipal Liquidity Facility LLC8

         0

         0

-    5,612

Net portfolio holdings of TALF II LLC8

         0

         0

-    1,580

Items in process of collection

(0)

        41

-        9

-       17

Bank premises

       424

-        7

-       22

Central bank liquidity swaps9

       151

+        2

-       78

Foreign currency denominated assets10

    18,573

+      139

+      284

Other assets11

    49,107

+    3,181

+   13,892

Total assets

(0)

 7,177,688

+    2,432

-  968,039

Liabilities

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

 2,297,744

-    1,258

+   17,977

Reverse repurchase agreements12

   722,198

+   40,317

-1,374,468

Deposits

(0)

 4,290,855

-   31,618

+  495,342

Term deposits held by depository institutions

         0

         0

         0

Other deposits held by depository institutions

 3,338,916

-   34,003

+  109,963

U.S. Treasury, General Account

   788,823

+    3,590

+  404,009

Foreign official

     9,683

+        3

-        1

Other13

(0)

   153,432

-    1,209

-   18,630

Deferred availability cash items

(0)

       388

+       16

+      169

Treasury contributions to credit facilities14

     4,958

         0

-    8,400

Other liabilities and accrued dividends15

  -181,863

-    5,025

-   99,349

Total liabilities

(0)

 7,134,280

+    2,432

-  968,728

Capital accounts

Capital paid in

    36,623

         0

+      689

Surplus

     6,785

         0

         0

Other capital accounts

         0

         0

         0

Total capital

    43,408

         0

+      689

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

     1,462

        45

        43

       169

        47

       189

       110

       250

        33

        48

       102

       178

       248

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

 7,075,788

   156,929

 3,759,237

   106,200

   275,133

   704,187

   475,477

   392,345

   103,504

    49,187

    85,150

   314,365

   654,075

Net portfolio holdings of MS

Facilities 2020 LLC (Main Street

Lending Program)2

    10,905

    10,905

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Central bank liquidity swaps3

       151

         6

        52

         5

        16

        30

         5

         7

         3

         1

         2

         4

        19

Foreign currency denominated

assets4

    18,573

       775

     6,423

       654

     1,976

     3,664

       609

       912

       418

       116

       202

       447

     2,378

Other assets5

    49,572

     1,380

    23,194

       851

     1,899

     5,132

     4,258

     2,756

     1,138

       655

     1,043

     2,386

     4,881

Interdistrict settlement account

         0

-   11,774

+   32,739

+   17,409

+   25,276

-   51,476

-   17,499

-   44,739

+    4,143

-    3,329

-   15,635

-    4,517

+   69,401

Total assets

 7,177,688

   158,995

 3,828,307

   125,945

   305,344

   663,282

   465,958

   352,948

   109,875

    47,033

    71,463

   314,649

   733,890

Liabilities

Federal Reserve notes, net

 2,297,744

    86,516

   742,594

    56,394

   115,289

   161,760

   356,935

   109,444

    76,729

    27,831

    32,091

   202,064

   330,097

Reverse repurchase agreements6

   722,198

    15,021

   388,644

    10,760

    28,162

    71,988

    48,318

    39,857

    10,106

     4,512

     7,941

    31,538

    65,352

Deposits

 4,290,855

    53,061

 2,796,796

    59,197

   165,134

   450,534

    58,483

   214,372

    21,879

    14,486

    31,414

    80,993

   344,507

Depository institutions

 3,338,916

    53,008

 1,945,853

    59,195

   165,100

   450,029

    58,456

   114,354

    21,873

    14,419

    31,382

    80,778

   344,468

U.S. Treasury, General Account

   788,823

         0

   788,823

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Foreign official

     9,683

         2

     9,657

         1

         4

         8

         1

         2

         1

         0

         0

         1

         5

Other7

   153,432

        51

    52,463

         0

        29

       497

        26

   100,016

         5

        67

        31

       214

        33

Earnings remittances due to the U.S. Treasury8

  -189,665

    -3,632

  -117,551

    -2,120

    -8,126

   -30,584

        74

   -13,318

         9

      -196

      -640

    -1,376

   -12,203

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

     8,190

     1,228

     2,948

       189

       310

     1,028

       682

       451

       162

       127

       191

       243

       629

Total liabilities

 7,134,280

   157,152

 3,813,431

   124,419

   300,770

   654,725

   464,491

   350,805

   108,885

    46,760

    70,997

   313,462

   728,382

Capital

Capital paid in

    36,623

     1,559

    12,531

     1,286

     3,852

     7,218

     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

 7,177,688

   158,995

 3,828,307

   125,945

   305,344

   663,282

   465,958

   352,948

   109,875

    47,033

    71,463

   314,649

   733,890

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

 2,767,382

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

   469,638

Federal Reserve notes to be collateralized

 2,297,744

Collateral held against Federal Reserve notes

 2,297,744

Gold certificate account

    11,037

Special drawing rights certificate account

    10,200

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

 2,276,507

Other assets pledged

         0

Memo:

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

 6,734,156

Less: Face value of securities under reverse repurchase agreements

   792,829

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

 5,941,328

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.