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Release Date:  August 13, 2009
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FEDERAL RESERVE statistical release
 

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
August 13, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks
Averages of daily figures Wednesday
Aug 12, 2009
Week ended
Aug 12, 2009
Change from week ended
Aug 5, 2009 Aug 13, 2008
                                                              
Reserve Bank credit                                       1,989,268    +   11,372    +1,102,992     1,999,928 
  Securities held outright (1)                            1,372,692    +   18,610    +  893,296     1,381,862 
    U.S. Treasury securities                                720,910    +   16,553    +  241,514       728,974 
      Bills (2)                                              18,423             0    -    3,317        18,423 
      Notes and bonds, nominal (2)                          652,438    +   16,425    +  240,707       660,465 
      Notes and bonds, inflation-indexed (2)                 44,588    +       22    +    4,756        44,588 
      Inflation compensation (3)                              5,462    +      107    -      631         5,498 
    Federal agency debt securities (2)                      108,896    +    2,059    +  108,896       110,003 
    Mortgage-backed securities (4)                          542,885    -        3    +  542,885       542,885 
  Repurchase agreements (5)                                       0             0    -  105,786             0 
  Term auction credit                                       233,598    -       53    +   83,598       233,598 
  Other loans                                               105,977    -    1,865    +   88,170       109,184 
    Primary credit                                           33,934    -    1,156    +   16,235        38,024 
    Secondary credit                                            805    +      556    +      798           705 
    Seasonal credit                                            105   +       16   +        5          110 
    Primary dealer and other broker-dealer credit (6)             0             0             0             0 
    Asset-Backed Commercial Paper Money Market                
      Mutual Fund Liquidity Facility                            113    -      402    +      113           113 
    Credit extended to American International                 
      Group, Inc., net (7)                                   41,189    -      427    +   41,189        40,675 
    Term Asset-Backed Securities Loan Facility               29,831    -      453    +   29,831        29,557 
    Other credit extensions                                       0             0             0             0 
  Net portfolio holdings of Commercial Paper                  
    Funding Facility LLC (8)                                 60,028    -    4,716    +   60,028        58,052 
  Net portfolio holdings of LLCs funded through               
    the Money Market Investor Funding Facility (9)                0             0             0             0 
  Net portfolio holdings of Maiden Lane LLC (10)             25,954    +       55    -    3,191        25,988 
  Net portfolio holdings of Maiden Lane II LLC (11)          14,815    -      330    +   14,815        14,818 
  Net portfolio holdings of Maiden Lane III LLC (12)         20,759    -      406    +   20,759        20,860 
  Float                                                      -2,145    -      201    -    1,018        -2,069 
  Central bank liquidity swaps (13)                          76,283    -    1,106    +   14,283        75,211 
  Other Federal Reserve assets (14)                          81,307    +    1,383    +   38,037        82,423 
Gold stock                                                   11,041             0             0        11,041 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (15)                           42,443    +       14    +    3,767        42,431 
                                                              
Total factors supplying reserve funds                     2,044,952    +   11,386    +1,106,759     2,055,600 
 

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

 

1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks
Averages of daily figures Wednesday
Aug 12, 2009
Week ended
Aug 12, 2009
Change from week ended
Aug 5, 2009 Aug 13, 2008
                                                              
Currency in circulation (15)                                911,580    +    1,031    +   80,495       913,062 
Reverse repurchase agreements (16)                           70,304    +    2,505    +   27,846        67,670 
  Foreign official and international accounts                70,304    +    2,505    +   27,846        67,670 
  Dealers                                                         0             0             0             0 
Treasury cash holdings                                          286    -       14    -       12           258 
Deposits with F.R. Banks, other than reserve balances       258,381    -   21,450    +  245,871       245,506 
  U.S. Treasury, general account                             48,217    -   22,595    +   43,358        35,758 
  U.S. Treasury, supplementary financing account            199,933    -        2    +  199,933       199,933 
  Foreign official                                            3,414    +      315    +    3,095         3,039 
  Service-related                                             5,119             0    -    1,887         5,119 
    Required clearing balances                                5,119             0    -    1,887         5,119 
    Adjustments to compensate for float                           0             0             0             0 
  Other                                                       1,697    +      830    +    1,372         1,657 
Other liabilities and capital (17)                           57,633    +      569    +   13,845        57,219 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                1,298,183    -   17,360    +  368,044     1,283,716 
                                                              
Reserve balances with Federal Reserve Banks                 746,768    +   28,745    +  738,714       771,884 
                                                                
Note: Components may not sum to totals because of rounding.
 

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is
the remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain
other broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market
Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other
than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio
holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation accompanying table 10.
 

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

 

1A. Memorandum Items
Millions of dollars

Memorandum item
Averages of daily figures Wednesday
Aug 12, 2009
Week ended
Aug 12, 2009
Change from week ended
Aug 5, 2009 Aug 13, 2008
                                                              
Marketable securities held in custody for foreign             
      official and international accounts (1)             2,815,617    +    5,465    +  420,734     2,809,853 
  U.S. Treasury securities                                2,032,395    +    9,118    +  616,567     2,027,022 
  Federal agency securities (2)                             783,222    -    3,653    -  195,832       782,831 
Securities lent to dealers                                   13,249    +    1,457    -  117,905        12,389 
  Overnight facility (3)                                     10,549    +    1,457    +    7,712         9,689 
    U.S. Treasury securities                                 10,373    +    1,536    +    7,536         9,565 
    Federal agency debt securities                              176    -       78    +      176           124 
  Term facility (4)                                           2,700             0    -  125,618         2,700 
 

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

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed
securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.
 

 

 

 

 

 

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, August 12, 2009
Millions of dollars
Remaining maturity
Within 15
days
16 days to
90 days
91 days to
1 year
Over 1 year
to 5 years
Over 5 years
to 10 years
Over 10
years
All
 
Term auction credit                   137,832       95,765         ---            ---          ---         ---       233,598
Other loans (1)                        37,513        1,440            0        70,231            0         ---       109,184
U.S. Treasury securities (2)                    
  Holdings                             26,225       12,664       64,572       295,420      192,654     137,439       728,974
  Weekly changes                   +    2,157   -    2,156   +       11    +   12,904   +    7,985  +    2,742    +   23,643
Federal agency debt securities (3)                        
  Holdings                                  0          750       13,562        70,631       23,189       1,871       110,003
  Weekly changes                            0            0   +      811    -      246   +      828  +      544    +    1,937
Mortgage-backed securities (4)                            
  Holdings                                  0            0            0             0            0     542,885       542,885
  Weekly changes                            0            0            0             0            0           0             0
Commercial paper held by                        
  Commercial Paper Funding                      
  Facility LLC (5)                      9,831       43,998            0           ---          ---         ---        53,830
Money market instruments held by                
  LLCs funded through the Money                 
  Market Investor Funding                       
  Facility (6)                              0            0            0           ---          ---         ---             0
Repurchase agreements (7)                   0            0          ---           ---          ---         ---             0
Central bank liquidity swaps (8)       60,269       14,942            0             0            0           0        75,211
                                                
Reverse repurchase agreements (7)      67,670            0          ---           ---          ---         ---        67,670
  
Note: Components may not sum to totals because of rounding.
--- Not applicable.
 

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the
LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden
Lane III LLC. The loans were eliminated when preparing the FRBNY'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. Current face value of the securities, which is the remaining
principal balance of the underlying mortgages.
5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
7. Cash value of agreements.
8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign
currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the
foreign currency was acquired from the foreign central bank.
 

 

3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
Account name Wednesday
Aug 12, 2009
                                                                                                
Mortgage-backed securities held outright (1)                                                       542,885    
                                                                                                
Commitments to buy mortgage-backed securities (2)                                                  200,487    
Commitments to sell mortgage-backed securities (2)                                                  25,818    
                                                                                                
Cash and cash equivalents (3)                                                                            4    
 

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the
remaining principal balance of the underlying mortgages.
2. Current face value. Generally settle within 180 days and include commitments associated with outright
transactions as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.
 

 

4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name Wednesday
Aug 12, 2009
                                                                                                
Net portfolio holdings of Maiden Lane LLC (1)                                                       25,988    
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820    
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   357    
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,224    
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly.
This table reflects valuations as of June 30, 2009. Any assets purchased after this valuation date
are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement
of condition consistent with consolidation under generally accepted accounting principles. Refer to
the note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1
and in other liabilities and accrued dividends in table 9 and table 10.
 

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed
to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of
the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the
proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC,
principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest
due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY.
 

 

 

5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
Account name Wednesday
Aug 12, 2009
                                                                                                
Net portfolio holdings of Maiden Lane II LLC (1)                                                     14,818   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            16,899   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    186   
Deferred payment and accrued interest payable to subsidiaries of American International         
  Group, Inc. (3)                                                                                     1,024   
 

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly.
This table reflects valuations as of June 30, 2009. Any assets purchased after this valuation date
are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement
of condition consistent with consolidation under generally accepted accounting principles. Refer to the
note on consolidation accompanying table 10.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due
to subsidiaries of American International Group, Inc. in accordance with the asset purchase agreement.
The fair value of this payment and accrued interest payable are included in other liabilities and capital
in table 1 and in other liabilities and accrued dividends in table 9 and table 10.
 

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company
was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden
Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order: operating
expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment
and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries.
 

 

6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
Account name Wednesday
Aug 12, 2009
                                                                                                
Net portfolio holdings of Maiden Lane III LLC (1)                                                    20,860   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            20,196   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    247   
Outstanding principal amount and accrued interest on loan payable to American International     
  Group, Inc. (3)                                                                                     5,128   
 

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly.
This table reflects valuations as of June 30, 2009. Any assets purchased after this valuation date
are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement
of condition consistent with consolidation under generally accepted accounting principles. Refer to the
note on consolidation accompanying table 10.
3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1
and in other liabilities and accrued dividends in table 9 and table 10.
 

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane
III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions.
Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following
order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY,
principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG.
 

 

7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
Account name Wednesday
Aug 12, 2009
                                                                                                
Commercial paper holdings, net (1)                                                                   53,574   
Other investments, net                                                                                4,478   
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      58,052   
                                                                                                
Memorandum: Commercial paper holdings, face value                                                    53,830   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            53,467   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     12   
 

1. Book value, which includes amortized cost and related fees.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of
condition consistent with consolidation under generally accepted accounting principles. Refer to the
note on consolidation accompanying table 10.
 

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers
and thereby foster liquidity in short-term funding markets and increase the availability of credit for
businesses and households.
 

 

8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility
Millions of dollars
Account name Wednesday
Aug 12, 2009
                                                                                                
Money market instrument holdings, net (1)                                                                 0   
Other investments, net                                                                                    0   
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0   
                                                                                                
Memorandum: Money market instrument holdings, face value                                                  0   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                 0   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      0   
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility,      
  net of related discounts                                                                                0   
 

1. Book value, which includes amortized cost.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of
condition consistent with consolidation under generally accepted accounting principles. Refer to the note
on consolidation accompanying table 10.
 

Note: The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through
the Money Market Investor Funding Facility (MMIFF). The MMIFF became operational on November 24, 2008. These
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers. Such purchases are
designed to foster liquidity in short-term money markets.
 

 

9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital Eliminations
from
consolidation
  Change since
Wednesday
Aug 12, 2009
Wednesday
Aug 5, 2009
Wednesday
Aug 13, 2008
Assets                                                   
Gold certificate account                                           11,037                0                   0
Special drawing rights certificate account                          2,200                0                   0
Coin                                                                1,913       -       23          +      535
Securities, repurchase agreements, term auction          
      credit, and other loans                                   1,724,644       +   29,027          +  959,309
  Securities held outright (1)                                  1,381,862       +   25,580          +  902,428
    U.S. Treasury securities                                      728,974       +   23,643          +  249,540
      Bills (2)                                                    18,423                0          -    3,317
      Notes and bonds, nominal (2)                                660,465       +   23,546          +  248,734
      Notes and bonds, inflation-indexed (2)                       44,588                0          +    4,756
      Inflation compensation (3)                                    5,498       +       97          -      633
    Federal agency debt securities (2)                            110,003       +    1,937          +  110,003
    Mortgage-backed securities (4)                                542,885                0          +  542,885
  Repurchase agreements (5)                                             0                0          -  118,250
  Term auction credit                                             233,598                0          +   83,598
  Other loans                                                     109,184       +    3,447          +   91,533
Net portfolio holdings of Commercial Paper               
  Funding Facility LLC (6)                                         58,052       -    3,111          +   58,052
Net portfolio holdings of LLCs funded through            
  the Money Market Investor Funding Facility (7)                        0                0                   0
Net portfolio holdings of Maiden Lane LLC (8)                      25,988       +       39          -    3,191
Net portfolio holdings of Maiden Lane II LLC (9)                   14,818       -      329          +   14,818
Net portfolio holdings of                                
  Maiden Lane III LLC (10)                                         20,860       -      444          +   20,860
Items in process of collection                         (301)          462       -      124          -    1,138
Bank premises                                                       2,214       +        6          +       52
Central bank liquidity swaps (11)                                  75,211       -    1,060          +   13,211
Other assets (12)                                                  80,232       +    1,916          +   39,085
                                                         
      Total assets                                     (301)    2,017,632       +   25,898          +1,101,594
 

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

 

9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital Eliminations
from
consolidation
  Change since
Wednesday
Aug 12, 2009
Wednesday
Aug 5, 2009
Wednesday
Aug 13, 2008
Liabilities                                              
Federal Reserve notes, net of F.R. Bank holdings                  872,799       +      649          +   77,698
Reverse repurchase agreements (13)                                 67,670       +      836          +   23,498
Deposits                                                 (0)    1,017,413       +   24,860          +  986,933
  Depository institutions                                         777,026       +   52,376          +  751,681
  U.S. Treasury, general account                                   35,758       -   25,764          +   31,043
  U.S. Treasury, supplementary financing account                  199,933       -        2          +  199,933
  Foreign official                                                  3,039       -      192          +    2,938
  Other                                                  (0)        1,657       -    1,557          +    1,338
Deferred availability cash items                       (301)        2,531       -      411          -       61
Other liabilities and accrued dividends (14)                        7,385       +      525          +    3,809
                                                         
      Total liabilities                                (301)    1,967,797       +   26,459          +1,091,877
                                                         
Capital accounts                                         
Capital paid in                                                    24,603       +       17          +    4,668
Surplus                                                            21,314       +        8          +    2,809
Other capital accounts                                              3,917       -      587          +    2,239
                                                         
      Total capital                                                49,834       -      562          +    9,717
 

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

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is
the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 10.
7. Refer to table 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 and the note on consolidation accompanying table 10.
11. 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.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market
Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other
than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio
holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation accompanying table 10.
 

 

10. Statement of Condition of Each Federal Reserve Bank, August 12, 2009
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Assets                                                             
Gold certificate account                      11,037         412       3,895         450         467         882       1,356         911         329         197         335         621       1,182 
Special drawing rights certificate acct.       2,200         115         874          83         104         147         166         212          71          30          66          98         234 
Coin                                           1,913          63          74         157         158         246         233         229          40          61         139         202         310 
Securities, repurchase agreements, term                            
      auction credit, and other loans      1,724,644      37,107     821,649      29,441      61,066      53,650     169,967     154,421      56,488      23,487      64,431      68,858     184,080 
  Securities held outright (1)             1,381,862      26,508     540,136      21,438      54,595      49,798     166,495     149,532      54,136      22,877      62,376      66,815     167,155 
    U.S. Treasury securities                 728,974      13,984     284,938      11,309      28,800      26,270      87,831      78,883      28,558      12,068      32,905      35,247      88,179 
      Bills (2)                               18,423         353       7,201         286         728         664       2,220       1,994         722         305         832         891       2,228 
      Notes and bonds (3)                    710,551      13,631     277,737      11,024      28,072      25,606      85,612      76,889      27,837      11,763      32,074      34,356      85,951 
    Federal agency debt securities (2)       110,003       2,110      42,997       1,707       4,346       3,964      13,254      11,904       4,309       1,821       4,965       5,319      13,306 
    Mortgage-backed securities (4)           542,885      10,414     212,201       8,422      21,448      19,564      65,410      58,746      21,268       8,988      24,505      26,249      65,669 
  Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
  Term auction credit                        233,598      10,312     176,074       7,961       6,471       3,325       3,160       3,646       2,274         441       2,054       1,911      15,969 
  Other loans                                109,184         286     105,439          42           0         527         312       1,242          78         169           1         132         957 
Net portfolio holdings of Commercial                               
  Paper Funding Facility LLC (6)              58,052           0      58,052           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of LLCs funded                              
  through the Money Market Investor                                
  Funding Facility (7)                             0           0           0           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden Lane                              
  LLC (8)                                     25,988           0      25,988           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane II LLC (9)                             14,818           0      14,818           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane III LLC (10)                           20,860           0      20,860           0           0           0           0           0           0           0           0           0           0 
Items in process of collection                   763          73           0         100          84          37         146          25          38          44         -35         169          82 
Bank premises                                  2,214         121         233          68         146         239         222         206         134         112         270         249         213 
Central bank liquidity swaps (11)             75,211       3,023      19,825       8,289       5,557      21,413       5,771       2,519         751       1,161         744         970       5,188 
Other assets (12)                             80,232       2,087      28,237       3,648       4,010       9,196       8,525       6,723       2,419       1,320       2,729       2,994       8,344 
Interdistrict settlement account                   0   +   5,943   +   4,523   +  15,348   -   6,602   + 173,260   -  35,728   -  59,391   -  23,088   -   4,298   -  25,212   -   8,645   -  36,110 
                                                                   
      Total assets                         2,017,933      48,945     999,028      57,583      64,990     259,071     150,659     105,854      37,181      22,115      43,468      65,517     163,522 
 

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

 

10. Statement of Condition of Each Federal Reserve Bank, August 12, 2009 (continued)
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Liabilities                                                         
Federal Reserve notes outstanding           1,057,429      35,699     383,748      39,823      44,936      83,123     131,639      86,061      31,039      19,763      28,915      62,502     110,180 
  Less: Notes held by F.R. Banks              184,631       4,759      57,104       6,805       8,577      12,638      25,894      13,443       4,359       3,361       3,524      17,972      26,195 
    Federal Reserve notes, net                872,799      30,940     326,643      33,018      36,359      70,485     105,746      72,618      26,681      16,402      25,391      44,530      83,985 
Reverse repurchase agreements (13)             67,670       1,298      26,450       1,050       2,673       2,439       8,153       7,323       2,651       1,120       3,055       3,272       8,186 
Deposits                                    1,017,413      14,583     626,932      17,832      22,095     171,998      32,693      23,487       7,048       2,939      14,169      16,670      66,969 
  Depository institutions                     777,026      14,577     386,711      17,827      22,091     171,877      32,683      23,485       7,036       2,938      14,167      16,669      66,963 
  U.S. Treasury, general account               35,758           0      35,758           0           0           0           0           0           0           0           0           0           0 
  U.S. Treasury, supplementary                                      
    financing account                         199,933           0     199,933           0           0           0           0           0           0           0           0           0           0 
  Foreign official                              3,039           2       3,010           4           3          11           3           1           0           1           0           1           3 
  Other                                         1,657           4       1,519           0           1         109           7           1          11           0           1           0           3 
Deferred availability cash items                2,832         127           0         373         342         111         276         281          79         273         199         204         566 
Other liabilities and accrued                                                 
  dividends (14)                                7,385         141       4,142         160         232         455         526         458         213         127         194         248         487 
                                                                    
      Total liabilities                     1,968,098      47,090     984,168      52,433      61,701     245,488     147,394     104,168      36,672      20,862      43,008      64,923     160,192 
                                                                    
Capital                                                             
Capital paid in                                24,603         921       7,248       2,607       1,636       6,876       1,562         793         237         621         208         273       1,622 
Surplus                                        21,314         844       5,844       2,316       1,552       5,982       1,612         704         209         324         208         271       1,449 
Other capital                                   3,917          90       1,769         227         100         725          92         190          64         308          44          49         259 
                                                                    
      Total liabilities and capital         2,017,933      48,945     999,028      57,583      64,990     259,071     150,659     105,854      37,181      22,115      43,468      65,517     163,522 
                              
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
 

 

10. Statement of Condition of Each Federal Reserve Bank, August 12, 2009 (continued)
 

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.
2. Face value of the securities.
3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation below.
7. Refer to table 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 and the note on consolidation below.
11. 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.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden
Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through
table 8 and the note on consolidation below.
 

Note on consolidation:
 

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008,
a loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility. These LLCs, which became operational on November 24, 2008, were established to purchase
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane III LLC,
which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap
contracts. On December 12, 2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending
reinvestment portfolio of subsidiaries of American International Group, Inc.
 

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally accepted accounting principles,
the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a
consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and
table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in
this table (and table 1 and table 9).
 

 

11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral Wednesday
Aug 12, 2009
                                                                                            
Federal Reserve notes outstanding                                                              1,057,429 
  Less: Notes held by F.R. Banks not subject to collateralization                                184,631 
    Federal Reserve notes to be collateralized                                                   872,799 
Collateral held against Federal Reserve notes                                                    872,799 
  Gold certificate account                                                                        11,037 
  Special drawing rights certificate account                                                       2,200 
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                       859,562 
  Other assets pledged                                                                                 0 
                                                                                            
Memo:                                                                                       
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                         1,381,862 
  Less: Face value of securities under reverse repurchase agreements                              68,170 
    U.S. Treasury, agency debt, and mortgage-backed securities                              
    eligible to be pledged                                                                     1,313,692 
   
Note: Components may not sum to totals because of rounding.
 

1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,
compensation to adjust for the effect of inflation on the original face value of inflation-indexed
securities, and cash value of repurchase agreements.
2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
to table 1A.

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