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Release Date:  November 05, 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
November 5, 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
Nov 4, 2009
Week ended
Nov 4, 2009
Change from week ended
Oct 28, 2009 Nov 5, 2008
                                                              
Reserve Bank credit                                       2,148,913    -    5,443    +   93,083     2,146,911 
  Securities held outright (1)                            1,697,644    +    5,467    +1,207,617     1,697,865 
    U.S. Treasury securities                                776,232    +    1,680    +  299,770       776,512 
      Bills (2)                                              18,423             0             0        18,423 
      Notes and bonds, nominal (2)                          707,372    +    1,659    +  296,843       707,649 
      Notes and bonds, inflation-indexed (2)                 44,643             0    +    3,610        44,643 
      Inflation compensation (3)                              5,794    +       20    -      683         5,798 
    Federal agency debt securities (2)                      146,959    +    5,358    +  133,394       146,959 
    Mortgage-backed securities (4)                          774,454    -    1,571    +  774,454       774,394 
  Repurchase agreements (5)                                       0             0    -   80,000             0 
  Term auction credit                                       139,245             0    -  162,118       139,245 
  Other loans                                               110,608    +    2,978    -  248,401       109,966 
    Primary credit                                           22,610    +       32    -   87,384        22,484 
    Secondary credit                                            197    -      178    +      197             0 
    Seasonal credit                                             60   -       14   +       50           60 
    Primary dealer and other broker-dealer credit (6)             0             0    -   77,020             0 
    Asset-Backed Commercial Paper Money Market                
      Mutual Fund Liquidity Facility                              0             0    -   91,729             0 
    Credit extended to American International                 
      Group, Inc., net (7)                                   44,608    +    1,822    -   35,649        44,539 
    Term Asset-Backed Securities Loan Facility               43,132    +    1,314    +   43,132        42,883 
    Other credit extensions                                       0             0             0             0 
  Net portfolio holdings of Commercial Paper                  
    Funding Facility LLC (8)                                 15,647    -   16,609    -  210,361        14,480 
  Net portfolio holdings of Maiden Lane LLC (9)              26,289    -       92    -      561        26,321 
  Net portfolio holdings of Maiden Lane II LLC (10)          16,008    +    1,313    +   16,008        16,009 
  Net portfolio holdings of Maiden Lane III LLC (11)         23,180    +    2,524    +   23,180        23,233 
  Float                                                      -1,861    +      615    -      536        -2,537 
  Central bank liquidity swaps (12)                          31,884    -    1,431    -  499,171        31,884 
  Other Federal Reserve assets (13)                          90,268    -      208    +   47,425        90,445 
Gold stock                                                   11,041             0             0        11,041 
Special drawing rights certificate account                    5,200             0    +    3,000         5,200 
Treasury currency outstanding (14)                           42,619    +       14    +    3,945        42,663 
                                                              
Total factors supplying reserve funds                     2,207,773    -    5,429    +  100,028     2,205,815 
 

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
Nov 4, 2009
Week ended
Nov 4, 2009
Change from week ended
Oct 28, 2009 Nov 5, 2008
                                                              
Currency in circulation (14)                                915,087    +    1,331    +   54,391       917,825 
Reverse repurchase agreements (15)                           64,844    -      893    -   30,427        60,735 
  Foreign official and international accounts                64,844    -      893    -    5,427        60,735 
  Dealers                                                         0             0    -   25,000             0 
Treasury cash holdings                                          256    -       28    -       15           245 
Deposits with F.R. Banks, other than reserve balances        78,222    -    8,274    -  534,946       101,978 
  U.S. Treasury, general account                             49,511    +    6,270    +   17,711        81,576 
  U.S. Treasury, supplementary financing account             14,999    -   14,993    -  543,852        14,999 
  Foreign official                                            2,421    +      124    +    2,213         1,436 
  Service-related                                             3,236    -        1    -    2,763         3,236 
    Required clearing balances                                3,236    -        1    -    2,763         3,236 
    Adjustments to compensate for float                           0             0             0             0 
  Other                                                       8,054    +      324    -    8,257           732 
Other liabilities and capital (16)                           64,695    +    3,158    +   19,973        63,140 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                1,123,103    -    4,707    -  491,025     1,143,923 
                                                              
Reserve balances with Federal Reserve Banks               1,084,669    -      723    +  591,052     1,061,892 
                                                                
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 9.
9. Refer to table 4 and the note on consolidation accompanying table 9.
10. Refer to table 5 and the note on consolidation accompanying table 9.
11. Refer to table 6 and the note on consolidation accompanying table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
14. Estimated.
15. Cash value of agreements, which are collateralized by U.S. Treasury securities.
16. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 7 and the note
on consolidation accompanying table 9.
 

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
Nov 4, 2009
Week ended
Nov 4, 2009
Change from week ended
Oct 28, 2009 Nov 5, 2008
                                                              
Marketable securities held in custody for foreign             
      official and international accounts (1)             2,909,832    +   11,247    +  415,565     2,916,844 
  U.S. Treasury securities                                2,148,939    +   13,029    +  561,177     2,155,575 
  Federal agency securities (2)                             760,892    -    1,783    -  145,612       761,269 
Securities lent to dealers                                    6,433    +      125    -  214,215         6,691 
  Overnight facility (3)                                      6,433    +      125    -   14,216         6,691 
    U.S. Treasury securities                                  5,353    -      296    -   15,296         5,214 
    Federal agency debt securities                            1,080    +      421    +    1,080         1,477 
  Term facility (4)                                               0             0    -  199,999             0 
 

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, November 4, 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                    82,507       56,738         ---            ---          ---         ---       139,245
Other loans (1)                        21,907          636            0        87,422            0         ---       109,966
U.S. Treasury securities (2)                    
  Holdings                             24,712       16,402       55,607       326,043      211,085     142,663       776,512
  Weekly changes                   +    9,368   -   10,304   +      108    +    2,006   +      767  +        6    +    1,951
Federal agency debt securities (3)                        
  Holdings                                  0           98       22,353        91,728       30,744       2,036       146,959
  Weekly changes                            0            0            0    +    5,358            0           0    +    5,358
Mortgage-backed securities (4)                            
  Holdings                                  0            0            0             0            0     774,394       774,394
  Weekly changes                            0            0            0             0            0  +      328    +      328
Commercial paper held by                        
  Commercial Paper Funding                      
  Facility LLC (5)                        443        9,536            0           ---          ---         ---         9,979
Repurchase agreements (6)                   0            0          ---           ---          ---         ---             0
Central bank liquidity swaps (7)       26,102        5,782            0             0            0           0        31,884
                                                
Reverse repurchase agreements (6)      60,735            0          ---           ---          ---         ---        60,735
  
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, 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. 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.
 

 

3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
Account name Wednesday
Nov 4, 2009
                                                                                                
Mortgage-backed securities held outright (1)                                                       774,394    
                                                                                                
Commitments to buy mortgage-backed securities (2)                                                  185,370    
Commitments to sell mortgage-backed securities (2)                                                   1,000    
                                                                                                
Cash and cash equivalents (3)                                                                          137    
 

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 8 and table 9.
 

 

4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name Wednesday
Nov 4, 2009
                                                                                                
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,321    
                                                                                                
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)                                   390    
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,239    
 
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 September 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 9.
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 8 and table 9.
 

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
Nov 4, 2009
                                                                                                
Net portfolio holdings of Maiden Lane II LLC (1)                                                     16,009   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            16,296   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    235   
Deferred payment and accrued interest payable to subsidiaries of American International         
  Group, Inc. (3)                                                                                     1,031   
 

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 September 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 9.
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 8 and table 9.
 

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
Nov 4, 2009
                                                                                                
Net portfolio holdings of Maiden Lane III LLC (1)                                                    23,233   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            19,036   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    304   
Outstanding principal amount and accrued interest on loan payable to American International     
  Group, Inc. (3)                                                                                     5,167   
 

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 September 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 9.
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 8 and table 9.
 

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
Nov 4, 2009
                                                                                                
Commercial paper holdings, net (1)                                                                    9,672   
Other investments, net                                                                                4,808   
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      14,480   
                                                                                                
Memorandum: Commercial paper holdings, face value                                                     9,979   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)             9,910   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      1   
 

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 9.
 

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. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital Eliminations
from
consolidation
  Change since
Wednesday
Nov 4, 2009
Wednesday
Oct 28, 2009
Wednesday
Nov 5, 2008
Assets                                                   
Gold certificate account                                           11,037                0                   0
Special drawing rights certificate account                          5,200                0          +    3,000
Coin                                                                2,088       +       25          +      440
Securities, repurchase agreements, term auction          
      credit, and other loans                                   1,947,075       +    8,423          +  729,491
  Securities held outright (1)                                  1,697,865       +    7,637          +1,208,174
    U.S. Treasury securities                                      776,512       +    1,951          +  300,056
      Bills (2)                                                    18,423                0                   0
      Notes and bonds, nominal (2)                                707,649       +    1,936          +  297,158
      Notes and bonds, inflation-indexed (2)                       44,643                0          +    3,572
      Inflation compensation (3)                                    5,798       +       15          -      672
    Federal agency debt securities (2)                            146,959       +    5,358          +  133,724
    Mortgage-backed securities (4)                                774,394       +      328          +  774,394
  Repurchase agreements (5)                                             0                0          -   80,000
  Term auction credit                                             139,245                0          -  162,118
  Other loans                                                     109,966       +      787          -  236,565
Net portfolio holdings of Commercial Paper               
  Funding Facility LLC (6)                                         14,480       -    4,543          -  228,825
Net portfolio holdings of Maiden Lane LLC (7)                      26,321       +       39          -      542
Net portfolio holdings of Maiden Lane II LLC (8)                   16,009       +        2          +   16,009
Net portfolio holdings of                                
  Maiden Lane III LLC (9)                                          23,233       +       66          +   23,233
Items in process of collection                         (291)          448       +       33          -      976
Bank premises                                                       2,224       -        5          +       55
Central bank liquidity swaps (10)                                  31,884       -    1,046          -  496,471
Other assets (11)                                                  88,211       +      543          +   46,975
                                                         
      Total assets                                     (291)    2,168,210       +    3,537          +   92,388
 

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

 

8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital Eliminations
from
consolidation
  Change since
Wednesday
Nov 4, 2009
Wednesday
Oct 28, 2009
Wednesday
Nov 5, 2008
Liabilities                                              
Federal Reserve notes, net of F.R. Bank holdings                  877,490       +    2,652          +   50,610
Reverse repurchase agreements (12)                                 60,735       -    3,711          -   35,928
Deposits                                                 (0)    1,163,861       +    5,286          +   59,731
  Depository institutions                                       1,065,118       -   18,329          +  561,528
  U.S. Treasury, general account                                   81,576       +   51,013          +   62,924
  U.S. Treasury, supplementary financing account                   14,999       -   14,993          -  543,852
  Foreign official                                                  1,436       -    1,979          +    1,207
  Other                                                  (0)          732       -   10,426          -   22,076
Deferred availability cash items                       (291)        2,984       +      598          +        1
Other liabilities and accrued dividends (13)                       11,777       -      134          +    7,768
                                                         
      Total liabilities                                (291)    2,116,846       +    4,691          +   82,181
                                                         
Capital accounts                                         
Capital paid in                                                    25,113       +      170          +    4,749
Surplus                                                            21,415       +        9          +    2,883
Other capital accounts                                              4,836       -    1,332          +    2,575
                                                         
      Total capital                                                51,364       -    1,153          +   10,207
 

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 9.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9. Refer to table 6 and the note on consolidation accompanying table 9.
10. 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.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities.
13. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 7 and the note
on consolidation accompanying table 9.
 

 

9. Statement of Condition of Each Federal Reserve Bank, November 4, 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.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574 
Coin                                           2,088          67          83         169         155         286         253         274          37          64         143         221         336 
Securities, repurchase agreements, term                            
      auction credit, and other loans      1,947,075      41,075     880,011      32,347      69,883      62,543     205,354     186,796      67,980      28,497      77,809      82,551     212,230 
  Securities held outright (1)             1,697,865      32,570     663,654      26,341      67,079      61,186     204,569     183,727      66,516      28,109      76,640      82,094     205,379 
    U.S. Treasury securities                 776,512      14,896     303,520      12,047      30,678      27,983      93,559      84,027      30,421      12,855      35,051      37,545      93,929 
      Bills (2)                               18,423         353       7,201         286         728         664       2,220       1,994         722         305         832         891       2,228 
      Notes and bonds (3)                    758,089      14,543     296,319      11,761      29,951      27,319      91,339      82,033      29,699      12,550      34,219      36,655      91,701 
    Federal agency debt securities (2)       146,959       2,819      57,443       2,280       5,806       5,296      17,707      15,903       5,757       2,433       6,634       7,106      17,777 
    Mortgage-backed securities (4)           774,394      14,855     302,691      12,014      30,595      27,907      93,304      83,798      30,338      12,820      34,955      37,443      93,673 
  Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
  Term auction credit                        139,245       8,342     108,016       5,683       2,804       1,267         536       2,620       1,432         305       1,159         450       6,632 
  Other loans                                109,966         162     108,341         323           0          91         249         449          32          84          10           7         218 
Net portfolio holdings of Commercial                               
  Paper Funding Facility LLC (6)              14,480           0      14,480           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden Lane                              
  LLC (7)                                     26,321           0      26,321           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane II LLC (8)                             16,009           0      16,009           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane III LLC (9)                            23,233           0      23,233           0           0           0           0           0           0           0           0           0           0 
Items in process of collection                   738          41           0         159         103          51          67          64          28          33          46          68          78 
Bank premises                                  2,224         121         248          69         145         238         222         205         134         111         269         251         212 
Central bank liquidity swaps (10)             31,884       1,284       8,355       3,521       2,361       9,096       2,452       1,070         319         493         316         412       2,204 
Other assets (11)                             88,211       2,269      31,208       3,857       4,372       9,756       9,435       7,512       2,701       1,453       3,051       3,340       9,257 
Interdistrict settlement account                   0   +  11,443   -   5,232   +  22,982   -  18,320   + 236,052   -  62,072   -  82,566   -  34,064   -   7,846   -  26,377   -  15,710   -  18,289 
                                                                   
      Total assets                         2,168,501      56,908   1,000,429      63,765      59,403     319,315     157,721     114,691      37,613      23,093      55,744      72,036     207,783 
 

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

 

9. Statement of Condition of Each Federal Reserve Bank, November 4, 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           1,073,015      35,608     393,410      39,057      45,116      82,049     133,315      85,734      30,753      19,451      28,794      63,210     116,518 
  Less: Notes held by F.R. Banks              195,525       4,811      67,466       6,739       9,667      11,676      28,037      14,197       4,645       3,122       3,385      14,560      27,219 
    Federal Reserve notes, net                877,490      30,796     325,944      32,317      35,449      70,373     105,279      71,537      26,108      16,329      25,409      48,650      89,299 
Reverse repurchase agreements (12)             60,735       1,165      23,740         942       2,400       2,189       7,318       6,572       2,379       1,005       2,742       2,937       7,347 
Deposits                                    1,163,861      22,778     627,605      24,552      17,195     231,852      40,877      34,371       8,311       3,860      26,721      19,282     106,456 
  Depository institutions                   1,065,118      22,774     529,164      24,547      17,192     231,643      40,872      34,324       8,309       3,860      26,719      19,281     106,434 
  U.S. Treasury, general account               81,576           0      81,576           0           0           0           0           0           0           0           0           0           0 
  U.S. Treasury, supplementary                                      
    financing account                          14,999           0      14,999           0           0           0           0           0           0           0           0           0           0 
  Foreign official                              1,436           2       1,406           4           3          11           3           1           0           1           0           1           3 
  Other                                           732           3         460           1           0         198           2          46           2           0           1           0          19 
Deferred availability cash items                3,275         100           0         511         442         158         374         261          59         315         191         218         646 
Other liabilities and accrued                                                 
  dividends (13)                               11,777         172       7,976         206         274         596         607         511         235         145         218         275         562 
                                                                    
      Total liabilities                     2,117,137      55,012     985,265      58,529      55,760     305,168     154,454     113,252      37,093      21,654      55,280      71,361     204,309 
                                                                    
Capital                                                             
Capital paid in                                25,113         945       7,314       2,617       1,802       7,131       1,512         617         238         711         209         348       1,668 
Surplus                                        21,415         844       5,943       2,316       1,551       5,983       1,612         704         209         324         207         271       1,450 
Other capital                                   4,836         107       1,907         303         290       1,034         142         118          72         404          48          55         357 
                                                                    
      Total liabilities and capital         2,168,501      56,908   1,000,429      63,765      59,403     319,315     157,721     114,691      37,613      23,093      55,744      72,036     207,783 
                              
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
 

 

9. Statement of Condition of Each Federal Reserve Bank, November 4, 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 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9. Refer to table 6 and the note on consolidation below.
10. 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.
11. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
12. Cash value of agreements, which are collateralized by U.S. Treasury securities.
13. Includes the liabilities of Commercial Paper Funding Facility LLC, 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 7 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 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 8), 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 8).
 

 

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral Wednesday
Nov 4, 2009
                                                                                            
Federal Reserve notes outstanding                                                              1,073,015 
  Less: Notes held by F.R. Banks not subject to collateralization                                195,525 
    Federal Reserve notes to be collateralized                                                   877,490 
Collateral held against Federal Reserve notes                                                    877,490 
  Gold certificate account                                                                        11,037 
  Special drawing rights certificate account                                                       5,200 
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                       861,253 
  Other assets pledged                                                                                 0 
                                                                                            
Memo:                                                                                       
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                         1,697,865 
  Less: Face value of securities under reverse repurchase agreements                              60,412 
    U.S. Treasury, agency debt, and mortgage-backed securities                              
    eligible to be pledged                                                                     1,637,453 
   
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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