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Release Date:  August 06, 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 6, 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 5, 2009
Week ended
Aug 5, 2009
Change from week ended
Jul 29, 2009 Aug 6, 2008
                                                              
Reserve Bank credit                                       1,977,908    -   32,140    +1,087,368     1,973,599 
  Securities held outright (1)                            1,354,082    +   10,191    +  874,791     1,356,282 
    U.S. Treasury securities                                704,357    +    9,039    +  225,066       705,331 
      Bills (2)                                              18,423             0    -    3,317        18,423 
      Notes and bonds, nominal (2)                          636,013    +    8,867    +  224,282       636,919 
      Notes and bonds, inflation-indexed (2)                 44,566    +      128    +    4,734        44,588 
      Inflation compensation (3)                              5,355    +       44    -      633         5,401 
    Federal agency debt securities (2)                      106,837    +    2,771    +  106,837       108,066 
    Mortgage-backed securities (4)                          542,888    -    1,619    +  542,888       542,885 
  Repurchase agreements (5)                                       0             0    -  110,500             0 
  Term auction credit                                       233,651    -    3,978    +   83,651       233,598 
  Other loans                                               107,842    -      689    +   90,379       105,737 
    Primary credit                                           35,090    +    1,287    +   17,720        33,187 
    Secondary credit                                            249    +      144    +      249           870 
    Seasonal credit                                             89   +        1   -        4           99 
    Primary dealer and other broker-dealer credit (6)             0             0             0             0 
    Asset-Backed Commercial Paper Money Market                
      Mutual Fund Liquidity Facility                            515    -      558    +      515           113 
    Credit extended to American International                 
      Group, Inc., net (7)                                   41,616    -    1,438    +   41,616        41,335 
    Term Asset-Backed Securities Loan Facility               30,284    -      124    +   30,284        30,132 
    Other credit extensions                                       0             0             0             0 
  Net portfolio holdings of Commercial Paper                  
    Funding Facility LLC (8)                                 64,744    -   29,670    +   64,744        61,163 
  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)             25,899    -      130    -    3,206        25,949 
  Net portfolio holdings of Maiden Lane II LLC (11)          15,145    -      527    +   15,145        15,147 
  Net portfolio holdings of Maiden Lane III LLC (12)         21,165    +    1,999    +   21,165        21,304 
  Float                                                      -1,933    -      155    -      746        -2,356 
  Central bank liquidity swaps (13)                          77,389    -   10,349    +   15,389        76,271 
  Other Federal Reserve assets (14)                          79,924    +    1,168    +   36,556        80,504 
Gold stock                                                   11,041             0             0        11,041 
Special drawing rights certificate account                    2,200             0             0         2,200 
Treasury currency outstanding (15)                           42,429    -       54    +    3,753        42,417 
                                                              
Total factors supplying reserve funds                     2,033,578    -   32,194    +1,091,121     2,029,257 
 

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 5, 2009
Week ended
Aug 5, 2009
Change from week ended
Jul 29, 2009 Aug 6, 2008
                                                              
Currency in circulation (15)                                910,549    +    1,892    +   79,053       912,344 
Reverse repurchase agreements (16)                           67,799    +    1,593    +   24,009        66,834 
  Foreign official and international accounts                67,799    +    1,593    +   24,009        66,834 
  Dealers                                                         0             0             0             0 
Treasury cash holdings                                          300    -       32    -       15           290 
Deposits with F.R. Banks, other than reserve balances       279,831    +   10,919    +  267,472       273,022 
  U.S. Treasury, general account                             70,812    +    9,406    +   65,932        61,522 
  U.S. Treasury, supplementary financing account            199,935    -        1    +  199,935       199,935 
  Foreign official                                            3,099    +    1,067    +    2,984         3,231 
  Service-related                                             5,119    -       33    -    1,897         5,119 
    Required clearing balances                                5,119    -       33    -    1,897         5,119 
    Adjustments to compensate for float                           0             0             0             0 
  Other                                                         867    +      481    +      519         3,214 
Other liabilities and capital (17)                           57,064    +       19    +   12,925        57,256 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                1,315,543    +   14,391    +  383,443     1,309,746 
                                                              
Reserve balances with Federal Reserve Banks                 718,034    -   46,586    +  707,676       719,511 
                                                                
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 5, 2009
Week ended
Aug 5, 2009
Change from week ended
Jul 29, 2009 Aug 6, 2008
                                                              
Marketable securities held in custody for foreign             
      official and international accounts (1)             2,810,152    +   16,989    +  414,468     2,812,398 
  U.S. Treasury securities                                2,023,277    +   22,104    +  604,434     2,027,710 
  Federal agency securities (2)                             786,875    -    5,115    -  189,967       784,688 
Securities lent to dealers                                   11,792    +      873    -  121,067        11,780 
  Overnight facility (3)                                      9,092    +      873    +    1,095         9,080 
    U.S. Treasury securities                                  8,837    +      799    +      840         8,892 
    Federal agency debt securities                              254    +       73    +      254           188 
  Term facility (4)                                           2,700             0    -  122,162         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 5, 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                    55,457      178,140         ---            ---          ---         ---       233,598
Other loans (1)                        31,920        2,349            0        71,468            0         ---       105,737
U.S. Treasury securities (2)                    
  Holdings                             24,068       14,820       64,561       282,516      184,669     134,697       705,331
  Weekly changes                   +    5,183   -    5,204   +      564    +    5,131   +      719  +    3,180    +    9,573
Federal agency debt securities (3)                        
  Holdings                                  0          750       12,751        70,877       22,361       1,327       108,066
  Weekly changes                            0            0            0    +      993   +    1,158           0    +    2,151
Mortgage-backed securities (4)                            
  Holdings                                  0            0            0             0            0     542,885       542,885
  Weekly changes                            0            0            0             0            0  -        3    -        3
Commercial paper held by                        
  Commercial Paper Funding                      
  Facility LLC (5)                      8,085       48,912            0           ---          ---         ---        56,997
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)       59,176       17,095            0             0            0           0        76,271
                                                
Reverse repurchase agreements (7)      66,834            0          ---           ---          ---         ---        66,834
  
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 5, 2009
                                                                                                
Mortgage-backed securities held outright (1)                                                       542,885    
                                                                                                
Commitments to buy mortgage-backed securities (2)                                                  173,418    
Commitments to sell mortgage-backed securities (2)                                                  19,180    
                                                                                                
Cash and cash equivalents (3)                                                                            9    
 

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 5, 2009
                                                                                                
Net portfolio holdings of Maiden Lane LLC (1)                                                       25,949    
                                                                                                
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)                                   354    
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,223    
 
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 5, 2009
                                                                                                
Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,147   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            17,232   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    182   
Deferred payment and accrued interest payable to subsidiaries of American International         
  Group, Inc. (3)                                                                                     1,023   
 

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 5, 2009
                                                                                                
Net portfolio holdings of Maiden Lane III LLC (1)                                                    21,304   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            20,757   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    242   
Outstanding principal amount and accrued interest on loan payable to American International     
  Group, Inc. (3)                                                                                     5,125   
 

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 5, 2009
                                                                                                
Commercial paper holdings, net (1)                                                                   56,712   
Other investments, net                                                                                4,451   
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      61,163   
                                                                                                
Memorandum: Commercial paper holdings, face value                                                    56,997   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            56,611   
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 5, 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 5, 2009
Wednesday
Jul 29, 2009
Wednesday
Aug 6, 2008
Assets                                                   
Gold certificate account                                           11,037                0                   0
Special drawing rights certificate account                          2,200                0                   0
Coin                                                                1,936       +       41          +      557
Securities, repurchase agreements, term auction          
      credit, and other loans                                   1,695,617       +    3,547          +  944,033
  Securities held outright (1)                                  1,356,282       +   11,721          +  876,952
    U.S. Treasury securities                                      705,331       +    9,573          +  226,001
      Bills (2)                                                    18,423                0          -    3,317
      Notes and bonds, nominal (2)                                636,919       +    9,344          +  225,188
      Notes and bonds, inflation-indexed (2)                       44,588       +      150          +    4,756
      Inflation compensation (3)                                    5,401       +       78          -      626
    Federal agency debt securities (2)                            108,066       +    2,151          +  108,066
    Mortgage-backed securities (4)                                542,885       -        3          +  542,885
  Repurchase agreements (5)                                             0                0          -  104,750
  Term auction credit                                             233,598       -    4,023          +   83,598
  Other loans                                                     105,737       -    4,151          +   88,233
Net portfolio holdings of Commercial Paper               
  Funding Facility LLC (6)                                         61,163       -    6,137          +   61,163
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)                      25,949       +       79          -    3,190
Net portfolio holdings of Maiden Lane II LLC (9)                   15,147       +        3          +   15,147
Net portfolio holdings of                                
  Maiden Lane III LLC (10)                                         21,304       +      167          +   21,304
Items in process of collection                         (451)          586       +      356          -    1,928
Bank premises                                                       2,208       -        7          +       48
Central bank liquidity swaps (11)                                  76,271       -   11,467          +   14,271
Other assets (12)                                                  78,316       +    2,098          +   37,201
                                                         
      Total assets                                     (451)    1,991,734       -   11,319          +1,088,607
 

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 5, 2009
Wednesday
Jul 29, 2009
Wednesday
Aug 6, 2008
Liabilities                                              
Federal Reserve notes, net of F.R. Bank holdings                  872,150       +    1,575          +   76,302
Reverse repurchase agreements (13)                                 66,834       +      824          +   23,636
Deposits                                                 (0)      992,553       -   15,020          +  976,488
  Depository institutions                                         724,650       -   22,474          +  713,788
  U.S. Treasury, general account                                   61,522       +    3,697          +   56,724
  U.S. Treasury, supplementary financing account                  199,935       -        1          +  199,935
  Foreign official                                                  3,231       +    1,053          +    3,130
  Other                                                  (0)        3,214       +    2,703          +    2,911
Deferred availability cash items                       (450)        2,942       +      340          -    1,227
Other liabilities and accrued dividends (14)                        6,860       +      135          +    3,328
                                                         
      Total liabilities                                (451)    1,941,338       -   12,148          +1,078,526
                                                         
Capital accounts                                         
Capital paid in                                                    24,586       +       64          +    4,649
Surplus                                                            21,306       +        9          +    2,804
Other capital accounts                                              4,504       +      755          +    2,629
                                                         
      Total capital                                                50,396       +      829          +   10,081
 

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 5, 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                                           1,936          65          78         159         160         247         236         233          41          61         140         202         315 
Securities, repurchase agreements, term                            
      auction credit, and other loans      1,695,617      36,615     808,230      29,060      60,055      52,504     166,887     151,767      55,477      23,064      63,277      67,621     181,061 
  Securities held outright (1)             1,356,282      26,018     530,137      21,041      53,584      48,876     163,413     146,764      53,134      22,454      61,221      65,578     164,060 
    U.S. Treasury securities                 705,331      13,530     275,696      10,943      27,866      25,418      84,983      76,324      27,632      11,677      31,838      34,104      85,319 
      Bills (2)                               18,423         353       7,201         286         728         664       2,220       1,994         722         305         832         891       2,228 
      Notes and bonds (3)                    686,908      13,177     268,496      10,657      27,138      24,754      82,763      74,331      26,910      11,372      31,006      33,213      83,091 
    Federal agency debt securities (2)       108,066       2,073      42,240       1,677       4,269       3,894      13,020      11,694       4,234       1,789       4,878       5,225      13,072 
    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                                105,737         285     102,018          57           0         302         313       1,357          70         169           1         131       1,032 
Net portfolio holdings of Commercial                               
  Paper Funding Facility LLC (6)              61,163           0      61,163           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)                                     25,949           0      25,949           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane II LLC (9)                             15,147           0      15,147           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane III LLC (10)                           21,304           0      21,304           0           0           0           0           0           0           0           0           0           0 
Items in process of collection                 1,036          46           0         128          99          56         307          64          62          45          66          58         104 
Bank premises                                  2,208         121         230          68         146         239         222         206         134         112         270         248         212 
Central bank liquidity swaps (11)             76,271       3,129      18,940       8,580       5,753      22,164       5,973       2,607         777       1,202         771       1,004       5,370 
Other assets (12)                             78,316       2,058      27,421       3,646       3,948       9,200       8,285       6,500       2,337       1,290       2,637       2,893       8,102 
Interdistrict settlement account                   0   +  10,610   -  18,209   +  16,586   -   2,116   + 164,097   -  32,883   -  53,337   -  22,947   -   3,548   -  20,907   -   6,555   -  30,791 
                                                                   
      Total assets                         1,992,185      53,171     965,021      58,760      68,616     249,535     150,550     109,164      36,282      22,453      46,653      66,189     165,790 
 

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 5, 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           1,056,475      35,748     382,525      39,881      45,010      83,177     131,892      86,152      31,060      19,783      28,945      62,291     110,012 
  Less: Notes held by F.R. Banks              184,326       4,838      57,179       6,776       8,334      12,568      26,163      13,428       4,386       3,361       3,400      18,134      25,757 
    Federal Reserve notes, net                872,150      30,910     325,345      33,105      36,675      70,609     105,729      72,724      26,674      16,423      25,545      44,157      84,255 
Reverse repurchase agreements (13)             66,834       1,282      26,124       1,037       2,640       2,408       8,053       7,232       2,618       1,106       3,017       3,232       8,084 
Deposits                                      992,553      18,851     594,573      18,857      25,369     162,303      32,584      26,743       6,132       3,270      17,211      17,637      69,023 
  Depository institutions                     724,650      18,848     326,835      18,852      25,366     162,180      32,574      26,741       6,120       3,269      17,209      17,637      69,018 
  U.S. Treasury, general account               61,522           0      61,522           0           0           0           0           0           0           0           0           0           0 
  U.S. Treasury, supplementary                                      
    financing account                         199,935           0     199,935           0           0           0           0           0           0           0           0           0           0 
  Foreign official                              3,231           2       3,202           4           3          11           3           1           0           1           0           1           3 
  Other                                         3,215           1       3,079           0           0         111           7           1          11           0           1           0           2 
Deferred availability cash items                3,392         118           0         442         380         141         352         330         139         291         233         337         628 
Other liabilities and accrued                                                 
  dividends (14)                                6,860         141       3,797         151         218         422         508         431         203         121         182         235         451 
                                                                    
      Total liabilities                     1,941,789      51,301     949,839      53,591      65,284     235,884     147,225     107,460      35,767      21,211      46,188      65,597     162,441 
                                                                    
Capital                                                             
Capital paid in                                24,586         921       7,247       2,607       1,635       6,876       1,562         793         236         621         208         273       1,607 
Surplus                                        21,306         844       5,835       2,316       1,552       5,982       1,612         704         209         324         208         271       1,449 
Other capital                                   4,504         105       2,100         246         145         794         151         207          70         297          49          47         293 
                                                                    
      Total liabilities and capital         1,992,185      53,171     965,021      58,760      68,616     249,535     150,550     109,164      36,282      22,453      46,653      66,189     165,790 
                              
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 5, 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 5, 2009
                                                                                            
Federal Reserve notes outstanding                                                              1,056,475 
  Less: Notes held by F.R. Banks not subject to collateralization                                184,326 
    Federal Reserve notes to be collateralized                                                   872,150 
Collateral held against Federal Reserve notes                                                    872,150 
  Gold certificate account                                                                        11,037 
  Special drawing rights certificate account                                                       2,200 
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                       858,913 
  Other assets pledged                                                                                 0 
                                                                                            
Memo:                                                                                       
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                         1,356,282 
  Less: Face value of securities under reverse repurchase agreements                              65,020 
    U.S. Treasury, agency debt, and mortgage-backed securities                              
    eligible to be pledged                                                                     1,291,262 
   
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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