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Release Date: Thursday, October 10, 2013
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FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT

June 12, 2014

Table 10 line items "Less: Face value of securities under reverse repurchase agreements" and "U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged" have been corrected to include securities pledged as collateral for tri-party reverse repurchase agreements.

The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.

Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41.

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks

October 10, 2013

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
Oct 9, 2013

Week ended
Oct 9, 2013

Change from week ended

Oct 2, 2013

Oct 10, 2012

Reserve Bank credit

3,710,900

+   13,748

+  941,061

3,715,319

Securities held outright1

3,485,813

+   12,866

+  910,120

3,489,552

U.S. Treasury securities

2,083,015

+   13,253

+  425,626

2,086,741

Bills2

         0

         0

         0

         0

Notes and bonds, nominal2

1,982,444

+   13,228

+  406,901

1,986,161

Notes and bonds, inflation-indexed2

    87,209

         0

+   15,425

    87,209

Inflation compensation3

    13,362

+       25

+    3,299

    13,372

Federal agency debt securities2

    60,652

-      429

-   22,659

    60,652

Mortgage-backed securities4

1,342,147

+       43

+  507,154

1,342,159

Unamortized premiums on securities held outright5

   204,053

-       80

+   48,248

   204,039

Unamortized discounts on securities held outright5

    -7,470

-      336

-    5,783

    -7,636

Repurchase agreements6

         0

         0

         0

         0

Loans

       237

-       24

-    1,320

       246

Primary credit

         7

-        8

-       10

        13

Secondary credit

         0

         0

         0

         0

Seasonal credit

       130

-       15

+       44

       132

Term Asset-Backed Securities Loan Facility7

       101

         0

-    1,353

       101

Other credit extensions

         0

         0

         0

         0

Net portfolio holdings of Maiden Lane LLC8

     1,493

-        1

-      238

     1,493

Net portfolio holdings of Maiden Lane II LLC9

        64

         0

+        3

        64

Net portfolio holdings of Maiden Lane III LLC10

        22

         0

-        1

        22

Net portfolio holdings of TALF LLC11

       111

-        1

-      742

       111

Float

      -728

-       40

+       19

      -718

Central bank liquidity swaps12

       232

-      279

-   12,719

       186

Other Federal Reserve assets13

    27,072

+    1,641

+    3,474

    27,961

Foreign currency denominated assets14

    24,319

+      143

-    1,542

    24,237

Gold stock

    11,041

         0

         0

    11,041

Special drawing rights certificate account

     5,200

         0

         0

     5,200

Treasury currency outstanding15

    45,343

+       14

+      694

    45,343

Total factors supplying reserve funds

3,796,803

+   13,905

+  940,212

3,801,140

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
Oct 9, 2013

Week ended
Oct 9, 2013

Change from week ended

Oct 2, 2013

Oct 10, 2012

Currency in circulation15

1,210,629

+    3,367

+   74,088

1,214,080

Reverse repurchase agreements16

    98,251

-   15,522

+   11,470

    99,085

Foreign official and international accounts

    97,065

+    1,097

+   10,284

    98,660

Others

     1,186

-   16,619

+    1,186

       425

Treasury cash holdings

       178

+        9

+       49

       179

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

    62,363

-   22,471

-   34,876

    59,789

Term deposits held by depository institutions

    11,662

         0

+    8,622

    11,662

U.S. Treasury, General Account

    28,728

-    9,233

-   37,117

    23,393

Foreign official

     8,889

+        3

+    3,327

     8,877

Other

    13,084

-   13,241

-    9,707

    15,857

Other liabilities and capital17

    65,992

+      492

-      343

    65,110

Total factors, other than reserve balances,
absorbing reserve funds

1,437,413

-   34,126

+   50,387

1,438,242

Reserve balances with Federal Reserve Banks

2,359,390

+   48,031

+  889,825

2,362,899

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

1.

Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2.

Face value of the securities.

3.

Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of
the securities.

5.

Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized.  For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis.  For mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements.

7.

Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term Asset-Backed Securities Loan Facility.

8.

Refer to table 4 and the note on consolidation accompanying table 9.

9.

Refer to table 5 and the note on consolidation accompanying table 9.

10.

Refer to table 6 and the note on consolidation accompanying table 9.

11.

Refer to table 7 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 accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.  Also, includes Reserve Bank premises and equipment net of allowances for depreciation.

14.

Revalued daily at current foreign currency exchange rates.

15.

Estimated.

16.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

17.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8 and 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
Oct 9, 2013

Week ended
Oct 9, 2013

Change from week ended

Oct 2, 2013

Oct 10, 2012

Securities held in custody for foreign official and international accounts

3,293,612

+    2,393

+  113,264

3,294,669

Marketable U.S. Treasury securities1

2,936,898

+    1,918

+  128,935

2,937,483

Federal agency debt and mortgage-backed securities2

   317,918

-       97

-   16,529

   318,200

Other securities3

    38,796

+      573

+      858

    38,985

Securities lent to dealers

    12,910

-    7,270

+    5,401

    12,232

Overnight facility4

    12,910

-    7,270

+    5,401

    12,232

U.S. Treasury securities

    11,862

-    7,313

+    4,826

    11,094

Federal agency debt securities

     1,047

+       42

+      574

     1,138

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

1.

Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 8, and 9.

2.

Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the securities.

3.

Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value.

4.

Face value. Fully collateralized by U.S. Treasury securities.


2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 9, 2013

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 year
to 10 years

Over 10
years

All

Loans1

        47

        98

        49

        52

         0

...

       246

U.S. Treasury securities2

Holdings

         0

         4

       385

   659,498

   887,608

   539,246

2,086,741

Weekly changes

         0

         0

         0

+        4

+    6,854

+    2,957

+    9,814

Federal agency debt securities3

Holdings

     1,572

     3,423

    15,651

    37,597

        62

     2,347

    60,652

Weekly changes

+    1,085

+      479

-    1,564

         0

         0

         0

         0

Mortgage-backed securities4

Holdings

         0

         0

         0

         2

     2,552

1,339,605

1,342,159

Weekly changes

         0

         0

         0

         0

+        1

+       25

+       26

Asset-backed securities held by
TALF LLC5

         0

         0

         0

         0

         0

         0

         0

Repurchase agreements6

         0

         0

...

...

...

...

         0

Central bank liquidity swaps7

        27

       159

         0

         0

         0

         0

       186

Reverse repurchase agreements6

    99,085

         0

...

...

...

...

    99,085

Term deposits

    11,662

         0

         0

...

...

...

    11,662

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 Maiden Lane LLC, Maiden Lane II LLC, Maiden
Lane III LLC, and TALF 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. The current face value shown is the remaining principal balance of the securities.

5.

Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.

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

Millions of dollars

Account name

Wednesday

Oct 9, 2013

Mortgage-backed securities held outright1

1,342,159

Commitments to buy mortgage-backed securities2

   101,421

Commitments to sell mortgage-backed securities2

         0

Cash and cash equivalents3

        10

1.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

2.

Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps.

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

Oct 9, 2013

Net portfolio holdings of Maiden Lane LLC1

     1,493

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3

         0

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, 2013. 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

Oct 9, 2013

Net portfolio holdings of Maiden Lane II LLC1

        64

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3

         0

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, 2013. 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

Oct 9, 2013

Net portfolio holdings of Maiden Lane III LLC1

        22

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3

         0

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, 2013. 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 TALF LLC

Millions of dollars

Account name

Wednesday

Oct 9, 2013

Asset-backed securities holdings1

         0

Other investments, net

       111

Net portfolio holdings of TALF LLC

       111

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3

         0

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.

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 announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extended loans with a term of up to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest. Prior to January 15, 2013, the U.S. Treasury's Troubled Asset Relief Program (TARP) committed backup funding to TALF LLC, providing credit protection to the FRBNY. However, the accumulated fees and income collected through the TALF and held by TALF LLC now exceed the remaining amount of TALF loans outstanding. Accordingly, the TARP credit protection commitment has been terminated, and TALF LLC has begun to distribute excess proceeds to the Treasury and the FRBNY. Any remaining funds will be shared by the FRBNY and the U.S. Treasury.


8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Assets, liabilities, and capital

Eliminations from consolidation

Wednesday
Oct 9, 2013

Change since

Wednesday

Wednesday

Oct 2, 2013

Oct 10, 2012

Assets

Gold certificate account

    11,037

         0

         0

Special drawing rights certificate account

     5,200

         0

         0

Coin

     2,000

-        5

-      174

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

3,686,200

+    9,321

+  958,751

Securities held outright1

3,489,552

+    9,840

+  918,065

U.S. Treasury securities

2,086,741

+    9,814

+  433,004

Bills2

         0

         0

         0

Notes and bonds, nominal2

1,986,161

+    9,787

+  414,302

Notes and bonds, inflation-indexed2

    87,209

         0

+   15,425

Inflation compensation3

    13,372

+       27

+    3,278

Federal agency debt securities2

    60,652

         0

-   22,094

Mortgage-backed securities4

1,342,159

+       26

+  507,154

Unamortized premiums on securities held outright5

   204,039

-      148

+   47,954

Unamortized discounts on securities held outright5

    -7,636

-      361

-    5,954

Repurchase agreements6

         0

         0

         0

Loans

       246

-        8

-    1,313

Net portfolio holdings of Maiden Lane LLC7

     1,493

         0

-      239

Net portfolio holdings of Maiden Lane II LLC8

        64

         0

+        3

Net portfolio holdings of Maiden Lane III LLC9

        22

         0

-        1

Net portfolio holdings of TALF LLC10

       111

-        1

-      742

Items in process of collection

(0)

       151

+       65

-       50

Bank premises

     2,284

+        1

-       61

Central bank liquidity swaps11

       186

-      325

-   12,765

Foreign currency denominated assets12

    24,237

-      147

-    1,542

Other assets13

    25,678

+    2,367

+    3,859

Total assets

(0)

3,758,663

+   11,276

+  947,040

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

Wednesday
Oct 9, 2013

Change since

Wednesday

Wednesday

Oct 2, 2013

Oct 10, 2012

Liabilities

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

1,170,912

+    4,433

+   76,124

Reverse repurchase agreements14

    99,085

+    3,700

+   10,750

Deposits

(0)

2,422,687

+    2,959

+  861,012

Term deposits held by depository institutions

    11,662

         0

+    8,622

Other deposits held by depository institutions

2,362,899

+   33,743

+  893,104

U.S. Treasury, General Account

    23,393

-   34,140

-   30,059

Foreign official

     8,877

+        1

+    3,316

Other

(0)

    15,857

+    3,357

-   13,971

Deferred availability cash items

(0)

       869

-       14

-      490

Other liabilities and accrued dividends15

    10,234

+      206

-      497

Total liabilities

(0)

3,703,787

+   11,283

+  946,899

Capital accounts

Capital paid in

    27,438

-        3

+       70

Surplus

    27,438

-        3

+       70

Other capital accounts

         0

         0

         0

Total capital

    54,876

-        7

+      141

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

1.

Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.

2.

Face value of the securities.

3.

Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities.

4.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5.

Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized.  For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis.  For mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7.

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.

Refer to table 7 and the note on consolidation accompanying table 9.

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.

Revalued daily at current foreign currency exchange rates.

13.

Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

14.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury.


9. Statement of Condition of Each Federal Reserve Bank, October 9, 2013

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Assets

Gold certificate account

    11,037

       391

     3,925

       397

       512

       856

     1,421

       792

       310

       190

       309

       728

     1,206

Special drawing rights certificate acct.

     5,200

       196

     1,818

       210

       237

       412

       654

       424

       150

        90

       153

       282

       574

Coin

     2,000

        35

        89

       129

       136

       341

       207

       287

        28

        49

       161

       188

       352

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

3,686,200

    96,385

2,044,114

   106,798

    94,137

   229,201

   244,868

   199,196

    59,334

    35,023

    69,755

   143,144

   364,247

Securities held outright1

3,489,552

    91,248

1,935,100

   101,107

    89,120

   216,983

   231,806

   188,563

    56,148

    33,113

    66,018

   135,508

   344,837

U.S. Treasury securities

2,086,741

    54,566

1,157,184

    60,462

    53,293

   129,755

   138,619

   112,760

    33,576

    19,802

    39,479

    81,033

   206,212

Bills2

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Notes and bonds3

2,086,741

    54,566

1,157,184

    60,462

    53,293

   129,755

   138,619

   112,760

    33,576

    19,802

    39,479

    81,033

   206,212

Federal agency debt securities2

    60,652

     1,586

    33,634

     1,757

     1,549

     3,771

     4,029

     3,277

       976

       576

     1,147

     2,355

     5,994

Mortgage-backed securities4

1,342,159

    35,096

   744,282

    38,888

    34,277

    83,457

    89,158

    72,526

    21,596

    12,736

    25,392

    52,119

   132,632

Unamortized premiums on securities held outright5

   204,039

     5,335

   113,148

     5,912

     5,211

    12,687

    13,554

    11,026

     3,283

     1,936

     3,860

     7,923

    20,163

Unamortized discounts on securities held outright5

    -7,636

      -200

    -4,235

      -221

      -195

      -475

      -507

      -413

      -123

       -72

      -144

      -297

      -755

Repurchase agreements6

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Loans

       246

         1

       101

         0

         1

         5

        15

        20

        25

        46

        21

        10

         1

Net portfolio holdings of Maiden

Lane LLC7

     1,493

         0

     1,493

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane II LLC8

        64

         0

        64

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane III LLC9

        22

         0

        22

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of TALF LLC10

       111

         0

       111

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Items in process of collection

       151

         0

         0

         0

         0

         0

       151

         0

         0

         0

         0

         0

         0

Bank premises

     2,284

       118

       427

        72

       112

       228

       211

       202

       127

       100

       248

       233

       204

Central bank liquidity swaps11

       186

         9

        59

        14

        15

        39

        11

         5

         2

         1

         2

         3

        26

Foreign currency denominated assets12

    24,237

     1,191

     7,751

     1,874

     1,890

     5,089

     1,380

       691

       202

       101

       245

       384

     3,437

Other assets13

    25,678

       709

    13,818

       750

       666

     1,775

     1,731

     1,388

       472

       307

       508

     1,038

     2,514

Interdistrict settlement account

         0

-   24,319

+  237,483

-   27,922

-   16,012

-   18,276

-   49,712

-   54,796

-   16,230

-   14,989

-   24,845

-   33,550

+   43,168

Total assets

3,758,663

    74,715

2,311,174

    82,323

    81,692

   219,665

   200,922

   148,190

    44,394

    20,872

    46,536

   112,449

   415,730

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, October 9, 2013 (continued)

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Liabilities

Federal Reserve notes outstanding

1,476,160

    46,444

   544,094

    44,437

    61,752

   111,849

   181,130

    95,186

    37,011

    23,317

    38,801

   121,167

   170,971

Less: Notes held by F.R. Banks

   305,249

    12,179

    79,103

     8,821

     9,632

    13,531

    32,203

    23,217

     4,575

    10,664

    12,938

    59,143

    39,243

Federal Reserve notes, net

1,170,912

    34,264

   464,991

    35,616

    52,120

    98,319

   148,927

    71,969

    32,436

    12,653

    25,864

    62,024

   131,728

Reverse repurchase agreements14

    99,085

     2,591

    54,946

     2,871

     2,531

     6,161

     6,582

     5,354

     1,594

       940

     1,875

     3,848

     9,792

Deposits

2,422,687

    34,987

1,768,004

    39,340

    22,372

   102,989

    40,825

    68,848

     9,690

     6,777

    18,038

    45,301

   265,518

Term deposits held by depository institutions

    11,662

         0

     8,130

       750

         0

        30

       710

     1,100

        10

        77

       150

       105

       600

Other deposits held by depository institutions

2,362,899

    34,983

1,712,076

    38,559

    22,368

   102,719

    40,103

    67,725

     9,680

     6,699

    17,887

    45,194

   264,905

U.S. Treasury, General Account

    23,393

         0

    23,393

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Foreign official

     8,877

         2

     8,850

         3

         3

         8

         2

         1

         0

         0

         0

         1

         6

Other

    15,857

         1

    15,556

        27

         0

       232

        10

        21

         0

         0

         1

         1

         7

Deferred availability cash items

       869

         0

         0

         0

         0

         0

       767

         0

         0

       102

         0

         0

         0

Interest on Federal Reserve notes due
to U.S. Treasury15

     1,715

        48

       964

        45

        39

        91

       117

       100

        28

        17

        33

        69

       163

Other liabilities and accrued
dividends16

     8,519

       229

     4,795

       274

       272

       673

       502

       405

       181

       150

       164

       295

       579

Total liabilities

3,703,787

    72,119

2,293,701

    78,145

    77,333

   208,233

   197,721

   146,677

    43,930

    20,639

    45,974

   111,536

   407,779

Capital

Capital paid in

    27,438

     1,298

     8,737

     2,089

     2,180

     5,716

     1,600

       757

       232

       116

       281

       457

     3,975

Surplus

    27,438

     1,298

     8,737

     2,089

     2,180

     5,716

     1,600

       757

       232

       116

       281

       457

     3,975

Other capital

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Total liabilities and capital

3,758,663

    74,715

2,311,174

    82,323

    81,692

   219,665

   200,922

   148,190

    44,394

    20,872

    46,536

   112,449

   415,730

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, October 9, 2013 (continued)

1.

Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the remaining principal balance of the securities.

5.

Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized.  For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis.  For mortgage-backed securities, amortization is on an effective-interest basis.

6.

Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

7.

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.

Refer to table 7 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.

Revalued daily at current foreign currency exchange rates.

13.

Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

14.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

15.

Represents the estimated weekly remittances to U.S. Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the amount necessary to equate surplus with capital paid-in.

16.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 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. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. 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

Oct 9, 2013

Federal Reserve notes outstanding

1,476,160

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

   305,249

Federal Reserve notes to be collateralized

1,170,912

Collateral held against Federal Reserve notes

1,170,912

Gold certificate account

    11,037

Special drawing rights certificate account

     5,200

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

1,154,675

Other assets pledged

         0

Memo:

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

3,489,552

Less: Face value of securities under reverse repurchase agreements

    88,910

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

3,400,642

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 securities lending facility; refer to table 1A.


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