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Release Date:  October 22, 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
October 22, 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
Oct 21, 2009
Week ended
Oct 21, 2009
Change from week ended
Oct 14, 2009 Oct 22, 2008
                                                              
Reserve Bank credit                                       2,171,742    +   65,101    +  368,453     2,183,453 
  Securities held outright (1)                            1,677,885    +   69,841    +1,187,252     1,690,195 
    U.S. Treasury securities                                773,476    +    2,552    +  296,948       773,486 
      Bills (2)                                              18,423             0             0        18,423 
      Notes and bonds, nominal (2)                          704,663    +    2,473    +  293,906       704,663 
      Notes and bonds, inflation-indexed (2)                 44,643    +       55    +    3,837        44,643 
      Inflation compensation (3)                              5,748    +       24    -      794         5,758 
    Federal agency debt securities (2)                      137,866    +    3,320    +  123,761       139,841 
    Mortgage-backed securities (4)                          766,543    +   63,970    +  766,543       776,868 
  Repurchase agreements (5)                                       0             0    -   80,000             0 
  Term auction credit                                       155,441    -        1    -  107,651       155,440 
  Other loans                                               108,169    -    3,236    -  310,411       107,455 
    Primary credit                                           23,840    -    3,540    -   81,914        23,563 
    Secondary credit                                            424    -       44    +      424           403 
    Seasonal credit                                             77   -       12   +       58           74 
    Primary dealer and other broker-dealer credit (6)             0             0    -  111,255             0 
    Asset-Backed Commercial Paper Money Market                
      Mutual Fund Liquidity Facility                              0    -       43    -  114,219             0 
    Credit extended to American International                 
      Group, Inc., net (7)                                   40,961    +      766    -   46,371        41,161 
    Term Asset-Backed Securities Loan Facility               42,867    -      363    +   42,867        42,255 
    Other credit extensions                                       0             0             0             0 
  Net portfolio holdings of Commercial Paper                  
    Funding Facility LLC (8)                                 39,812    -      979    +   39,812        39,429 
  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)             26,366    +       54    -    2,771        26,398 
  Net portfolio holdings of Maiden Lane II LLC (11)          14,467    +        6    +   14,467        14,476 
  Net portfolio holdings of Maiden Lane III LLC (12)         20,230    +       55    +   20,230        20,237 
  Float                                                      -1,824    -      348    -      776        -2,048 
  Central bank liquidity swaps (13)                          41,637    -    1,990    -  438,816        41,637 
  Other Federal Reserve assets (14)                          89,560    +    1,700    +   47,116        90,235 
Gold stock                                                   11,041             0             0        11,041 
Special drawing rights certificate account                    5,200             0    +    3,000         5,200 
Treasury currency outstanding (15)                           42,635    +       14    +    3,960        42,635 
                                                              
Total factors supplying reserve funds                     2,230,617    +   65,114    +  375,412     2,242,329 
 

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 21, 2009
Week ended
Oct 21, 2009
Change from week ended
Oct 14, 2009 Oct 22, 2008
                                                              
Currency in circulation (15)                                915,591    -    2,100    +   61,173       915,648 
Reverse repurchase agreements (16)                           63,807    +    1,176    -   34,303        63,608 
  Foreign official and international accounts                63,807    +    1,176    -    9,303        63,608 
  Dealers                                                         0             0    -   25,000             0 
Treasury cash holdings                                          301    +        5    +       25           289 
Deposits with F.R. Banks, other than reserve balances       154,710    +   12,672    -  400,215       144,884 
  U.S. Treasury, general account                             83,461    +   60,288    +   60,295        73,730 
  U.S. Treasury, supplementary financing account             64,980    -   34,987    -  459,791        64,980 
  Foreign official                                            1,655    +       18    +    1,401         1,767 
  Service-related                                             3,395             0    -    2,741         3,395 
    Required clearing balances                                3,395             0    -    2,741         3,395 
    Adjustments to compensate for float                           0             0             0             0 
  Other                                                       1,219    -   12,646    +      621         1,011 
Other liabilities and capital (17)                           62,131    +      904    +   15,918        61,696 
                                                              
Total factors, other than reserve balances,                                                       
   absorbing reserve funds                                1,196,540    +   12,656    -  357,403     1,186,124 
                                                              
Reserve balances with Federal Reserve Banks               1,034,078    +   52,459    +  732,816     1,056,205 
                                                                
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
Oct 21, 2009
Week ended
Oct 21, 2009
Change from week ended
Oct 14, 2009 Oct 22, 2008
                                                              
Marketable securities held in custody for foreign             
      official and international accounts (1)             2,887,206    +   22,635    +  408,469     2,893,064 
  U.S. Treasury securities                                2,124,156    +   22,480    +  568,856     2,128,765 
  Federal agency securities (2)                             763,051    +      156    -  160,386       764,299 
Securities lent to dealers                                    7,408    +      566    -  215,722         6,999 
  Overnight facility (3)                                      7,408    +      566    -   18,223         6,999 
    U.S. Treasury securities                                  6,815    +      460    -   18,816         6,490 
    Federal agency debt securities                              593    +      105    +      593           509 
  Term facility (4)                                               0             0    -  197,499             0 
 

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

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

 

 

 

 

 

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, October 21, 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                    98,702       56,738         ---            ---          ---         ---       155,440
Other loans (1)                        17,401        6,638            0        83,415            0         ---       107,455
U.S. Treasury securities (2)                    
  Holdings                             18,864       23,185       55,497       324,030      210,312     141,597       773,486
  Weekly changes                   +    6,116   -    3,469   -    2,675    -      268   +      217  +      104    +       26
Federal agency debt securities (3)                        
  Holdings                                  0           98       21,291        87,432       29,003       2,017       139,841
  Weekly changes                            0   +       68   +    1,371    +    2,018            0           0    +    3,457
Mortgage-backed securities (4)                            
  Holdings                                  0            0            0             0            0     776,868       776,868
  Weekly changes                            0            0            0             0            0  +   13,878    +   13,878
Commercial paper held by                        
  Commercial Paper Funding                      
  Facility LLC (5)                     32,596        2,517            0           ---          ---         ---        35,113
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)       35,242        6,395            0             0            0           0        41,637
                                                
Reverse repurchase agreements (7)      63,608            0          ---           ---          ---         ---        63,608
  
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
Oct 21, 2009
                                                                                                
Mortgage-backed securities held outright (1)                                                       776,868    
                                                                                                
Commitments to buy mortgage-backed securities (2)                                                  151,436    
Commitments to sell mortgage-backed securities (2)                                                       0    
                                                                                                
Cash and cash equivalents (3)                                                                          536    
 

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
Oct 21, 2009
                                                                                                
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,398    
                                                                                                
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)                                   385    
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,236    
 
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
Oct 21, 2009
                                                                                                
Net portfolio holdings of Maiden Lane II LLC (1)                                                     14,476   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            16,296   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    227   
Deferred payment and accrued interest payable to subsidiaries of American International         
  Group, Inc. (3)                                                                                     1,030   
 

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
Oct 21, 2009
                                                                                                
Net portfolio holdings of Maiden Lane III LLC (1)                                                    20,237   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            19,036   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    295   
Outstanding principal amount and accrued interest on loan payable to American International     
  Group, Inc. (3)                                                                                     5,161   
 

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
Oct 21, 2009
                                                                                                
Commercial paper holdings, net (1)                                                                   34,821   
Other investments, net                                                                                4,608   
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      39,429   
                                                                                                
Memorandum: Commercial paper holdings, face value                                                    35,113   
                                                                                                
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            34,883   
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     19   
 

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
Oct 21, 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
Oct 21, 2009
Wednesday
Oct 14, 2009
Wednesday
Oct 22, 2008
Assets                                                   
Gold certificate account                                           11,037                0                   0
Special drawing rights certificate account                          5,200                0          +    3,000
Coin                                                                2,025       +       34          +      441
Securities, repurchase agreements, term auction          
      credit, and other loans                                   1,953,090       +   13,057          +  711,225
  Securities held outright (1)                                  1,690,195       +   17,362          +1,199,578
    U.S. Treasury securities                                      773,486       +       26          +  296,974
      Bills (2)                                                    18,423                0                   0
      Notes and bonds, nominal (2)                                704,663       -       54          +  293,906
      Notes and bonds, inflation-indexed (2)                       44,643       +       55          +    3,837
      Inflation compensation (3)                                    5,758       +       26          -      768
    Federal agency debt securities (2)                            139,841       +    3,457          +  125,736
    Mortgage-backed securities (4)                                776,868       +   13,878          +  776,868
  Repurchase agreements (5)                                             0                0          -   80,000
  Term auction credit                                             155,440       -        2          -  107,652
  Other loans                                                     107,455       -    4,303          -  300,701
Net portfolio holdings of Commercial Paper               
  Funding Facility LLC (6)                                         39,429       -      669          +   39,429
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)                      26,398       +       37          -      404
Net portfolio holdings of Maiden Lane II LLC (9)                   14,476       +       10          +   14,476
Net portfolio holdings of                                
  Maiden Lane III LLC (10)                                         20,237       +        9          +   20,237
Items in process of collection                         (332)          536       -    2,208          -      468
Bank premises                                                       2,225       +        2          +       53
Central bank liquidity swaps (11)                                  41,637       -    1,990          -  435,522
Other assets (12)                                                  87,979       +       25          +   47,595
                                                         
      Total assets                                     (332)    2,204,268       +    8,306          +  400,060
 

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
Oct 21, 2009
Wednesday
Oct 14, 2009
Wednesday
Oct 22, 2008
Liabilities                                              
Federal Reserve notes, net of F.R. Bank holdings                  875,323       -    2,469          +   55,427
Reverse repurchase agreements (13)                                 63,608       +    1,805          -   32,379
Deposits                                                 (0)    1,201,057       +   13,244          +  358,855
  Depository institutions                                       1,059,569       +    7,620          +  832,666
  U.S. Treasury, general account                                   73,730       +   58,160          +   18,105
  U.S. Treasury, supplementary financing account                   64,980       -   34,987          -  494,007
  Foreign official                                                  1,767       +      103          +    1,613
  Other                                                  (0)        1,011       -   17,651          +      478
Deferred availability cash items                       (332)        2,584       -      890          +      226
Other liabilities and accrued dividends (14)                       10,514       -    2,525          +    6,607
                                                         
      Total liabilities                                (332)    2,153,086       +    9,164          +  388,736
                                                         
Capital accounts                                         
Capital paid in                                                    24,922       +       25          +    4,605
Surplus                                                            21,398       +        8          +    3,702
Other capital accounts                                              4,862       -      892          +    3,017
                                                         
      Total capital                                                51,182       -      858          +   11,323
 

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, October 21, 2009
Millions of dollars
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas
City
Dallas San
Francisco
Assets                                                             
Gold certificate account                      11,037         412       3,895         450         467         882       1,356         911         329         197         335         621       1,182 
Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574 
Coin                                           2,025          64          79         171         149         282         243         266          35          63         137         213         324 
Securities, repurchase agreements, term                            
      auction credit, and other loans      1,953,090      40,941     886,844      34,491      69,960      62,479     204,479     186,692      67,986      28,341      77,438      81,891     211,548 
  Securities held outright (1)             1,690,195      32,423     660,656      26,222      66,776      60,910     203,645     182,897      66,215      27,982      76,294      81,723     204,452 
    U.S. Treasury securities                 773,486      14,838     302,336      12,000      30,559      27,874      93,194      83,699      30,302      12,805      34,914      37,399      93,563 
      Bills (2)                               18,423         353       7,201         286         728         664       2,220       1,994         722         305         832         891       2,228 
      Notes and bonds (3)                    755,063      14,484     295,136      11,714      29,831      27,210      90,975      81,706      29,580      12,500      34,083      36,508      91,335 
    Federal agency debt securities (2)       139,841       2,683      54,660       2,170       5,525       5,039      16,849      15,132       5,478       2,315       6,312       6,762      16,916 
    Mortgage-backed securities (4)           776,868      14,903     303,659      12,052      30,693      27,996      93,602      84,066      30,435      12,861      35,067      37,563      93,973 
  Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0 
  Term auction credit                        155,440       8,357     120,819       8,183       3,179       1,287         691       2,875       1,714         285       1,134         150       6,767 
  Other loans                                107,455         161     105,369          87           5         283         143         920          57          74          10          18         329 
Net portfolio holdings of Commercial                               
  Paper Funding Facility LLC (6)              39,429           0      39,429           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)                                     26,398           0      26,398           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane II LLC (9)                             14,476           0      14,476           0           0           0           0           0           0           0           0           0           0 
Net portfolio holdings of Maiden                                   
  Lane III LLC (10)                           20,237           0      20,237           0           0           0           0           0           0           0           0           0           0 
Items in process of collection                   868          21           0         119          24          41         373          40          65          35          34          70          47 
Bank premises                                  2,225         121         244          69         146         239         222         206         134         111         269         252         212 
Central bank liquidity swaps (11)             41,637       1,699      10,510       4,659       3,123      12,034       3,243       1,416         422         653         418         545       2,915 
Other assets (12)                             87,979       2,272      31,031       3,873       4,370       9,828       9,395       7,479       2,684       1,448       3,038       3,327       9,234 
Interdistrict settlement account                   0   +  12,982   +  72,684   +  19,713   -  15,757   + 205,653   -  69,039   -  87,157   -  34,976   -   7,623   -  30,391   -  16,902   -  49,187 
                                                                   
      Total assets                         2,204,600      58,707   1,107,645      63,754      62,719     291,849     150,925     110,277      36,829      23,315      51,431      70,300     176,849 
 

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, October 21, 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           1,067,388      35,082     392,769      39,196      44,902      82,151     131,474      85,701      30,778      19,534      28,729      62,740     114,332 
  Less: Notes held by F.R. Banks              192,065       4,911      64,180       6,974       9,361      11,990      26,910      14,244       4,617       3,180       3,496      14,999      27,205 
    Federal Reserve notes, net                875,323      30,171     328,590      32,222      35,541      70,161     104,564      71,458      26,162      16,353      25,233      47,741      87,127 
Reverse repurchase agreements (13)             63,608       1,220      24,863         987       2,513       2,292       7,664       6,883       2,492       1,053       2,871       3,076       7,694 
Deposits                                    1,201,057      25,219     732,305      24,621      20,364     204,667      34,534      29,775       7,330       4,028      22,467      18,373      77,374 
  Depository institutions                   1,059,569      25,207     591,035      24,616      20,360     204,516      34,531      29,739       7,328       4,028      22,465      18,372      77,371 
  U.S. Treasury, general account               73,730           0      73,730           0           0           0           0           0           0           0           0           0           0 
  U.S. Treasury, supplementary                                      
    financing account                          64,980           0      64,980           0           0           0           0           0           0           0           0           0           0 
  Foreign official                              1,767           2       1,738           4           3          11           3           1           0           1           0           1           3 
  Other                                         1,011          10         822           0           1         140           0          35           2           0           1           0           1 
Deferred availability cash items                2,916          65           0         485         394         104         293         194          89         298         176         221         598 
Other liabilities and accrued                                                 
  dividends (14)                               10,514         172       6,705         200         269         625         607         512         233         144         216         271         560 
                                                                    
      Total liabilities                     2,153,418      56,847   1,092,463      58,514      59,082     277,849     147,662     108,821      36,306      21,877      50,963      69,681     173,354 
                                                                    
Capital                                                             
Capital paid in                                24,922         925       7,314       2,617       1,802       7,002       1,513         626         239         710         209         282       1,685 
Surplus                                        21,398         844       5,926       2,316       1,551       5,982       1,612         704         209         324         207         271       1,450 
Other capital                                   4,862          92       1,942         306         284       1,016         138         126          75         404          52          66         361 
                                                                    
      Total liabilities and capital         2,204,600      58,707   1,107,645      63,754      62,719     291,849     150,925     110,277      36,829      23,315      51,431      70,300     176,849 
                              
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, October 21, 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
Oct 21, 2009
                                                                                            
Federal Reserve notes outstanding                                                              1,067,388 
  Less: Notes held by F.R. Banks not subject to collateralization                                192,065 
    Federal Reserve notes to be collateralized                                                   875,323 
Collateral held against Federal Reserve notes                                                    875,323 
  Gold certificate account                                                                        11,037 
  Special drawing rights certificate account                                                       5,200 
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                       859,086 
  Other assets pledged                                                                                 0 
                                                                                            
Memo:                                                                                       
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                         1,690,195 
  Less: Face value of securities under reverse repurchase agreements                              63,193 
    U.S. Treasury, agency debt, and mortgage-backed securities                              
    eligible to be pledged                                                                     1,627,002 
   
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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