FEDERAL RESERVE Statistical Release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks February 9, 2006 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Averages of daily figures Reserve Bank credit, related items, and Week ended Change from week ended Wednesday reserve balances of depository institutions at Feb 8, 2006 Feb 1, 2006 Feb 9, 2005 Feb 8, 2006 Federal Reserve Banks Reserve Bank Credit 809,112 - 5,235 + 32,509 809,669 Securities held outright 748,827 + 155 + 30,941 748,828 U.S. Treasury (1) 748,827 + 155 + 30,941 748,828 Bills (2) 272,857 + 20 + 9,852 272,868 Notes and bonds, nominal (2) 450,580 - 1,091 + 17,151 450,580 Notes and bonds, inflation-indexed (2) 22,196 + 1,260 + 3,088 22,196 Inflation compensation (3) 3,194 - 35 + 851 3,184 Federal agency (2) 0 0 0 0 Repurchase agreements(4) 20,036 - 5,357 + 3,893 19,500 Loans to depository institutions 33 - 7 - 4 41 Primary credit 5 - 6 - 17 9 Secondary credit 0 0 0 0 Seasonal credit 28 - 1 + 13 31 Float -114 + 66 - 430 881 Other Federal Reserve assets 40,330 - 93 - 1,891 40,419 Gold stock 11,044 + 1 + 2 11,044 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding (5) 36,680 + 14 + 218 36,680 Total factors supplying reserve funds 859,036 - 5,220 + 32,729 859,593 Currency in circulation(5) 784,274 + 3,128 + 34,110 786,663 Reverse repurchase agreements (6) 23,278 - 533 - 3,337 22,678 Foreign official and international accounts 23,278 - 533 - 3,337 22,678 Dealers 0 0 0 0 Treasury cash holdings 206 - 9 - 84 199 Deposits with F.R.Banks, other than reserve balances 14,216 + 47 - 849 12,782 U.S. Treasury, general account 5,360 + 243 + 447 3,973 Foreign official 83 0 - 6 82 Service-related 8,472 - 224 - 1,299 8,472 Required clearing balances 8,472 - 224 - 1,299 8,472 Adjustments to compensate for float 0 0 0 0 Other 302 + 28 + 10 256 Other liabilities and capital 31,277 - 209 + 4,574 31,144 Total factors, other than reserve balances, absorbing reserve funds 853,252 + 2,425 + 34,414 853,465 Reserve balances with Federal Reserve Banks 5,784 - 7,645 - 1,685 6,128 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts(2,7) 1,544,068 + 4,030 + 203,832 1,545,598 U.S. Treasury 1,104,679 + 3,041 + 51,011 1,106,768 Federal agency 439,389 + 989 + 152,822 438,830 Securities lent to dealers 2,256 - 1,457 - 8 2,018 Note: Components may not sum to totals because of rounding. 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5 Estimated. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities. 7 Includes U.S. Treasury STRIPS and other zero coupon bonds at face value. Sources: Federal Reserve Banks and the U.S. Department of the Treasury. 2. Consolidated Statement of Condition of All Federal Reserve Banks Millions of Dollars Eliminations Change Since from Wednesday Wednesday Wednesday Assets, liabilities, and capital consolidation Feb 8, 2006 Feb 1, 2006 Feb 9, 2005 Assets Gold certificate account 11,040 0 + 2 Special drawing rights certificate account 2,200 0 0 Coin 830 + 20 - 1 Securities, repurchase agreements, and loans 768,369 - 3,527 + 35,961 Securities held outright 748,828 - 12 + 30,949 U.S. Treasury (1) 748,828 - 12 + 30,949 Bills (2) 272,868 + 14 + 9,863 Notes and bonds, nominal (2) 450,580 0 + 17,151 Notes and bonds, inflation-indexed (2) 22,196 0 + 3,088 Inflation compensation (3) 3,184 - 26 + 848 Federal agency (2) 0 0 0 Repurchase agreements (4) 19,500 - 3,500 + 5,000 Loans 41 - 14 + 11 Items in process of collection (1,291) 7,625 - 883 - 2,687 Bank premises 1,824 0 + 41 Other assets (5) 38,609 + 223 - 1,760 Total assets (1,291) 830,497 - 4,166 + 31,555 Liabilities Federal Reserve notes net of FR Bank holdings 751,007 + 2,829 + 34,046 Reverse repurchase agreements (6) 22,678 - 502 - 5,677 Deposits (3) 18,924 - 5,981 - 1,173 Depository institutions 14,613 - 4,793 - 366 U.S. Treasury, general account 3,973 - 1,122 - 774 Foreign official 82 - 1 - 3 Other (3) 256 - 65 - 31 Deferred availability cash items (1,288) 6,744 - 709 - 309 Other liabilities and accrued dividends (7) 4,196 + 94 + 1,266 Total liabilities (1,291) 803,549 - 4,269 + 28,153 Capital Accounts Capital paid in 13,573 + 15 + 1,135 Surplus 12,884 + 5 + 1,978 Other capital accounts 491 + 83 + 290 Total capital 26,948 + 103 + 3,402 Note: Components may not sum to totals because of rounding. 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites. 5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities. 7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 3. Maturity Distribution of Loans and Securities, February 8, 2006 Millions of dollars U.S. Treasury Federal agency Reverse Maturity Loans securities (1) securities Repurchase repurchase Weekly Weekly agreements(2)agreements(2) Holdings changes Holdings changes Within 15 days 18 53,466 - 636 0 0 19,500 22,678 16 days to 90 days 23 163,504 + 662 0 0 0 0 91 days to 1 year 0 186,142 - 16 0 0 ------ ------ Over 1 to 5 years ------ 209,974 - 7 0 0 ------ ------ Over 5 to 10 years ------ 56,643 - 4 0 0 ------ ------ Over 10 years ------ 79,099 - 12 0 0 ------ ------ All 41 748,828 - 12 0 0 19,500 22,678 Note: Components may not sum to totals because of rounding. --- Not applicable. 1 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. 2 Cash value of agreements classified by remaining maturity of the agreements. 4. Statement of Condition of Each Federal Reserve Bank on February 8, 2006 Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco Assets Gold certificate account 11,040 510 4,358 432 453 836 945 928 327 212 318 549 1,172 Special drawing rights certificate acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234 Coin 830 36 61 44 65 88 114 95 47 29 69 75 107 Securities, repurchase agreements, and loans 768,369 38,321 316,441 26,564 31,634 57,150 57,933 67,453 23,237 15,643 21,183 36,881 75,929 Securities held outright 748,828 38,312 296,936 26,564 31,634 57,148 57,933 67,435 23,237 15,640 21,180 36,881 75,926 U.S. Treasury (1) 748,828 38,312 296,936 26,564 31,634 57,148 57,933 67,435 23,237 15,640 21,180 36,881 75,926 Bills (2) 272,868 13,961 108,201 9,680 11,527 20,824 21,110 24,573 8,467 5,699 7,718 13,439 27,667 Notes and bonds(3) 475,960 24,352 188,735 16,884 20,107 36,324 36,823 42,862 14,769 9,941 13,462 23,442 48,259 Federal agency (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements(4) 19,500 0 19,500 0 0 0 0 0 0 0 0 0 0 Loans 41 8 4 0 0 2 0 17 0 3 3 0 2 Items in process of collection 8,916 508 1,057 447 919 519 1,631 172 406 271 978 698 1,309 Bank premises 1,824 112 206 53 157 153 232 210 70 119 88 260 164 Other assets(5) 38,609 3,263 14,663 1,154 2,482 4,878 2,214 2,713 951 771 720 1,057 3,743 Interdistrict settlement account 0 - 5,626 -32,227 + 5,367 - 169 + 8,411 +11,267 - 166 + 1,068 - 372 + 1,343 - 3,661 +14,766 Total Assets 831,788 37,240 305,431 34,145 35,646 72,182 74,502 71,616 26,177 16,703 24,766 35,957 97,423 Note: Components may not sum to totals because of rounding. 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 4. Statement of Condition of Each Federal Reserve Bank on February 8, 2006 Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco Liabilities Federal Reserve notes outstanding 909,967 39,150 326,119 37,258 36,543 72,362 88,068 77,311 27,907 17,755 27,671 49,800 110,025 Less: notes held by F.R. Banks 158,960 5,180 47,309 7,256 5,226 12,045 20,426 12,112 3,522 2,807 5,096 16,763 21,217 Federal Reserve notes, net 751,007 33,970 278,810 30,002 31,317 60,316 67,642 65,199 24,384 14,948 22,574 33,036 88,808 Reverse repurchase agreements (1) 22,678 1,160 8,992 804 958 1,731 1,754 2,042 704 474 641 1,117 2,299 Deposits 18,927 600 7,491 1,142 504 1,581 1,754 1,851 447 305 562 732 1,957 Depository institutions 14,613 593 3,299 1,139 500 1,491 1,752 1,847 446 304 560 732 1,949 U.S. Treasury, general account 3,973 0 3,973 0 0 0 0 0 0 0 0 0 0 Foreign official 82 5 54 1 4 7 2 3 1 1 1 0 4 Other 258 2 165 2 0 83 0 1 1 0 1 0 3 Deferred availability cash items 8,033 654 1,115 520 641 759 1,189 340 186 369 490 533 1,236 Other liabilities and accrued dividends (2) 4,196 227 1,469 170 205 389 344 386 156 114 133 213 389 Total liabilities 804,840 36,611 297,878 32,639 33,624 64,776 72,683 69,819 25,877 16,210 24,401 35,632 94,690 Capital Capital paid in 13,573 323 3,693 750 1,014 3,944 894 884 144 243 178 153 1,352 Surplus 12,884 305 3,685 744 1,008 3,307 892 876 144 245 175 153 1,349 Other capital 491 0 174 12 0 154 33 37 12 5 12 19 32 Total liabilities and capital 831,788 37,240 305,431 34,145 35,646 72,182 74,502 71,616 26,177 16,703 24,766 35,957 97,423 Note: Components may not sum to totals because of rounding. 1 Cash value of agreements, which are collateralized by U.S. Treasury securities. 2 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Federal Reserve notes and collateral Wednesday Feb 8, 2006 Federal Reserve notes outstanding 909,967 Less: Notes held by F.R. Banks not subject to collateralization 158,960 Federal Reserve Notes to be collateralized 751,007 Collateral held against Federal Reserve notes 751,007 Gold certificate account 11,040 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged (1) 737,768 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities (1) 768,328 Less:face value of securities under reverse repurchase agreements 22,704 U.S. Treasury and agency securities eligible to be pledged 745,624 Note: Components may not sum to totals because of rounding. 1 Includes face value of U.S. Treasury and agency 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.