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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 3, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks

Averages of daily figures

Wednesday
Oct 2, 2013

Week ended
Oct 2, 2013

Change from week ended

Sep 25, 2013

Oct 3, 2012

Reserve Bank credit

3,697,152

+    2,137

+  939,100

3,703,878

Securities held outright1

3,472,947

+    2,563

+  906,093

3,479,712

U.S. Treasury securities

2,069,762

+   12,978

+  421,302

2,076,927

Bills2

         0

         0

         0

         0

Notes and bonds, nominal2

1,969,216

+   12,968

+  402,502

1,976,374

Notes and bonds, inflation-indexed2

    87,209

         0

+   15,425

    87,209

Inflation compensation3

    13,337

+       10

+    3,375

    13,345

Federal agency debt securities2

    61,081

-    2,571

-   22,324

    60,652

Mortgage-backed securities4

1,342,104

-    7,845

+  507,115

1,342,133

Unamortized premiums on securities held outright5

   204,133

-      170

+   49,467

   204,187

Unamortized discounts on securities held outright5

    -7,134

-      448

-    5,441

    -7,275

Repurchase agreements6

         0

         0

         0

         0

Loans

       261

-       11

-    1,334

       254

Primary credit

        15

-        5

-        8

        21

Secondary credit

         0

         0

         0

         0

Seasonal credit

       145

-        6

+       39

       133

Term Asset-Backed Securities Loan Facility7

       101

         0

-    1,366

       101

Other credit extensions

         0

         0

         0

         0

Net portfolio holdings of Maiden Lane LLC8

     1,494

-        2

-      227

     1,493

Net portfolio holdings of Maiden Lane II LLC9

        64

         0

+        3

        64

Net portfolio holdings of Maiden Lane III LLC10

        22

         0

-        1

        22

Net portfolio holdings of TALF LLC11

       112

         0

-      741

       112

Float

      -688

-      116

+       12

      -796

Central bank liquidity swaps12

       511

+      248

-   12,040

       511

Other Federal Reserve assets13

    25,431

+       74

+    3,310

    25,594

Foreign currency denominated assets14

    24,176

+      116

-    1,652

    24,384

Gold stock

    11,041

         0

         0

    11,041

Special drawing rights certificate account

     5,200

         0

         0

     5,200

Treasury currency outstanding15

    45,329

+       14

+      694

    45,329

Total factors supplying reserve funds

3,782,898

+    2,267

+  938,142

3,789,832

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 2, 2013

Week ended
Oct 2, 2013

Change from week ended

Sep 25, 2013

Oct 3, 2012

Currency in circulation15

1,207,262

+    2,766

+   77,372

1,209,630

Reverse repurchase agreements16

   113,773

+   14,039

+   23,238

    95,385

Foreign official and international accounts

    95,968

+      628

+    5,433

    92,683

Others

    17,805

+   13,410

+   17,805

     2,702

Treasury cash holdings

       169

+       15

+       46

       178

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

    84,834

-   47,533

-   26,553

    90,572

Term deposits held by depository institutions

    11,662

         0

+    8,622

    11,662

U.S. Treasury, General Account

    37,961

-    7,030

-   45,336

    57,533

Foreign official

     8,886

+        9

+    3,295

     8,876

Other

    26,325

-   40,512

+    6,867

    12,500

Other liabilities and capital17

    65,500

+      223

-      441

    64,911

Total factors, other than reserve balances,
absorbing reserve funds

1,471,539

-   30,489

+   73,663

1,460,676

Reserve balances with Federal Reserve Banks

2,311,359

+   32,756

+  864,478

2,329,156

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

1.

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

2.

Face value of the securities.

3.

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

4.

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

5.

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

6.

Cash value of agreements.

7.

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

8.

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

9.

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

10.

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

11.

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

12.

Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned
to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the
foreign central bank.

13.

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

14.

Revalued daily at current foreign currency exchange rates.

15.

Estimated.

16.

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

17.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury. Refer to table 8 and table 9.

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



1A. Memorandum Items

Millions of dollars

Memorandum item

Averages of daily figures

Wednesday
Oct 2, 2013

Week ended
Oct 2, 2013

Change from week ended

Sep 25, 2013

Oct 3, 2012

Securities held in custody for foreign official and international accounts

3,291,219

+    2,146

+  108,798

3,289,018

Marketable U.S. Treasury securities1

2,934,980

+    3,972

+  124,648

2,932,585

Federal agency debt and mortgage-backed securities2

   318,015

-    2,089

-   16,150

   318,097

Other securities3

    38,223

+      261

+      299

    38,336

Securities lent to dealers

    20,180

-    2,438

+    9,853

    13,718

Overnight facility4

    20,180

-    2,438

+    9,853

    13,718

U.S. Treasury securities

    19,175

-    2,646

+    9,414

    12,629

Federal agency debt securities

     1,005

+      208

+      439

     1,089

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

1.

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

2.

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

3.

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

4.

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


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

Millions of dollars

Remaining Maturity

Within 15
days

16 days to
90 days

91 days to
1 year

Over 1 year
to 5 years

Over 5 year
to 10 years

Over 10
years

All

Loans1

        54

        99

        49

        52

         0

...

       254

U.S. Treasury securities2

Holdings

         0

         4

       385

   659,494

   880,754

   536,289

2,076,927

Weekly changes

-        2

         0

         0

+   12,860

-      986

+    3,049

+   14,923

Federal agency debt securities3

Holdings

       487

     2,944

    17,215

    37,597

        62

     2,347

    60,652

Weekly changes

-    2,513

-      487

         0

         0

         0

         0

-    3,000

Mortgage-backed securities4

Holdings

         0

         0

         0

         2

     2,551

1,339,580

1,342,133

Weekly changes

         0

         0

         0

         0

-        1

+      130

+      129

Asset-backed securities held by
TALF LLC5

         0

         0

         0

         0

         0

         0

         0

Repurchase agreements6

         0

         0

...

...

...

...

         0

Central bank liquidity swaps7

       352

       159

         0

         0

         0

         0

       511

Reverse repurchase agreements6

    95,385

         0

...

...

...

...

    95,385

Term deposits

    11,662

         0

         0

...

...

...

    11,662

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

1.

Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Maiden Lane LLC, Maiden Lane II LLC, Maiden
Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
under generally accepted accounting principles.

2.

Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the
original face value of such securities.

3.

Face value.

4.

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

5.

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

6.

Cash value of agreements.

7.

Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to
the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign
central bank.


3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Account name

Wednesday

Oct 2, 2013

Mortgage-backed securities held outright1

1,342,133

Commitments to buy mortgage-backed securities2

    87,147

Commitments to sell mortgage-backed securities2

         0

Cash and cash equivalents3

        18

1.

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

2.

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

3.

This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.


4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Account name

Wednesday

Oct 2, 2013

Net portfolio holdings of Maiden Lane LLC1

     1,493

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

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

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

         0

1.

Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2013. Any assets purchased after
this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

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

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Account name

Wednesday

Oct 2, 2013

Net portfolio holdings of Maiden Lane II LLC1

        64

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

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

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

         0

1.

Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2013. Any assets purchased after
this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American
International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are
included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

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


6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Account name

Wednesday

Oct 2, 2013

Net portfolio holdings of Maiden Lane III LLC1

        22

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

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

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

         0

1.

Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2013. Any assets purchased after
this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

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

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Account name

Wednesday

Oct 2, 2013

Asset-backed securities holdings1

         0

Other investments, net

       112

Net portfolio holdings of TALF LLC

       112

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

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

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

         0

1.

Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date.

2.

Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3.

Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF) under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New York (FRBNY) extended loans with a term of up to five years to holders of eligible asset-backed securities. The Federal Reserve closed the TALF for new loan extensions in 2010. The loans provided through the TALF to eligible borrowers are non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY.

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


8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Assets, liabilities, and capital

Eliminations from consolidation

Wednesday
Oct 2, 2013

Change since

Wednesday

Wednesday

Sep 25, 2013

Oct 3, 2012

Assets

Gold certificate account

    11,037

         0

         0

Special drawing rights certificate account

     5,200

         0

         0

Coin

     2,005

+        6

-      175

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

3,676,879

+   11,790

+  950,241

Securities held outright1

3,479,712

+   12,052

+  908,371

U.S. Treasury securities

2,076,927

+   14,923

+  423,983

Bills2

         0

         0

         0

Notes and bonds, nominal2

1,976,374

+   14,909

+  405,205

Notes and bonds, inflation-indexed2

    87,209

         0

+   15,425

Inflation compensation3

    13,345

+       15

+    3,354

Federal agency debt securities2

    60,652

-    3,000

-   22,753

Mortgage-backed securities4

1,342,133

+      129

+  507,141

Unamortized premiums on securities held outright5

   204,187

+      104

+   48,777

Unamortized discounts on securities held outright5

    -7,275

-      353

-    5,590

Repurchase agreements6

         0

         0

         0

Loans

       254

-       14

-    1,318

Net portfolio holdings of Maiden Lane LLC7

     1,493

         0

-      238

Net portfolio holdings of Maiden Lane II LLC8

        64

         0

+        3

Net portfolio holdings of Maiden Lane III LLC9

        22

         0

-        1

Net portfolio holdings of TALF LLC10

       112

         0

-      741

Items in process of collection

(0)

        86

-        7

-      143

Bank premises

     2,283

-        7

-       61

Central bank liquidity swaps11

       511

+      248

-   12,040

Foreign currency denominated assets12

    24,384

+      262

-    1,368

Other assets13

    23,311

+    1,077

+    3,398

Total assets

(0)

3,747,387

+   13,369

+  938,875

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


8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Assets, liabilities, and capital

Eliminations from consolidation

Wednesday
Oct 2, 2013

Change since

Wednesday

Wednesday

Sep 25, 2013

Oct 3, 2012

Liabilities

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

1,166,479

+    3,677

+   75,203

Reverse repurchase agreements14

    95,385

-    7,785

+    8,122

Deposits

(0)

2,419,728

+   16,741

+  856,230

Term deposits held by depository institutions

    11,662

         0

+    8,622

Other deposits held by depository institutions

2,329,156

+   22,143

+  864,531

U.S. Treasury, General Account

    57,533

+   11,516

-   15,955

Foreign official

     8,876

-        1

+    3,315

Other

(0)

    12,500

-   16,918

-    4,284

Deferred availability cash items

(0)

       883

+      198

-       16

Other liabilities and accrued dividends15

    10,028

+      537

-      815

Total liabilities

(0)

3,692,504

+   13,368

+  938,724

Capital accounts

Capital paid in

    27,441

         0

+       75

Surplus

    27,441

         0

+       75

Other capital accounts

         0

         0

         0

Total capital

    54,883

+        1

+      151

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

1.

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

2.

Face value of the securities.

3.

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

4.

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

5.

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

6.

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

7.

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

8.

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

9.

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

10.

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

11.

Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to
the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign
central bank.

12.

Revalued daily at current foreign currency exchange rates.

13.

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

14.

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

15.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal
Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S. Treasury.


9. Statement of Condition of Each Federal Reserve Bank, October 2, 2013

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Assets

Gold certificate account

    11,037

       391

     3,925

       397

       512

       856

     1,421

       792

       310

       190

       309

       728

     1,206

Special drawing rights certificate acct.

     5,200

       196

     1,818

       210

       237

       412

       654

       424

       150

        90

       153

       282

       574

Coin

     2,005

        35

        91

       128

       136

       343

       208

       289

        27

        48

       161

       189

       351

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

3,676,879

    96,140

2,038,940

   106,529

    93,902

   228,616

   244,253

   198,685

    59,188

    34,933

    69,578

   142,792

   363,324

Securities held outright1

3,479,712

    90,991

1,929,643

   100,822

    88,868

   216,371

   231,153

   188,031

    55,990

    33,020

    65,832

   135,126

   343,865

U.S. Treasury securities

2,076,927

    54,310

1,151,741

    60,177

    53,043

   129,145

   137,968

   112,230

    33,418

    19,708

    39,293

    80,652

   205,242

Bills2

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Notes and bonds3

2,076,927

    54,310

1,151,741

    60,177

    53,043

   129,145

   137,968

   112,230

    33,418

    19,708

    39,293

    80,652

   205,242

Federal agency debt securities2

    60,652

     1,586

    33,634

     1,757

     1,549

     3,771

     4,029

     3,277

       976

       576

     1,147

     2,355

     5,994

Mortgage-backed securities4

1,342,133

    35,095

   744,268

    38,887

    34,277

    83,455

    89,156

    72,524

    21,595

    12,736

    25,392

    52,118

   132,630

Unamortized premiums on securities held outright5

   204,187

     5,339

   113,230

     5,916

     5,215

    12,697

    13,564

    11,034

     3,285

     1,938

     3,863

     7,929

    20,178

Unamortized discounts on securities held outright5

    -7,275

      -190

    -4,034

      -211

      -186

      -452

      -483

      -393

      -117

       -69

      -138

      -282

      -719

Repurchase agreements6

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Loans

       254

         0

       101

         1

         5

         0

        20

        13

        30

        44

        20

        20

         0

Net portfolio holdings of Maiden

Lane LLC7

     1,493

         0

     1,493

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane II LLC8

        64

         0

        64

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane III LLC9

        22

         0

        22

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of TALF LLC10

       112

         0

       112

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Items in process of collection

        86

         0

         0

         0

         0

         0

        85

         0

         0

         0

         0

         0

         0

Bank premises

     2,283

       118

       428

        72

       112

       229

       211

       202

       127

       100

       248

       233

       204

Central bank liquidity swaps11

       511

        25

       163

        40

        40

       107

        29

        15

         4

         2

         5

         8

        72

Foreign currency denominated assets12

    24,384

     1,195

     7,849

     1,880

     1,896

     5,104

     1,385

       693

       203

       102

       246

       386

     3,447

Other assets13

    23,311

       643

    12,520

       682

       606

     1,629

     1,574

     1,261

       434

       285

       464

       929

     2,283

Interdistrict settlement account

         0

-   21,456

+  253,121

-   26,625

-   14,784

-   29,347

-   52,113

-   55,237

-   16,763

-   15,220

-   25,270

-   31,115

+   34,811

Total assets

3,747,387

    77,286

2,320,544

    83,313

    82,657

   207,948

   197,707

   147,124

    43,681

    20,529

    45,894

   114,431

   406,273

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


9. Statement of Condition of Each Federal Reserve Bank, October 2, 2013 (continued)

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Liabilities

Federal Reserve notes outstanding

1,481,324

    46,510

   546,080

    44,543

    61,909

   112,177

   181,952

    95,366

    37,112

    23,352

    38,887

   121,574

   171,862

Less: Notes held by F.R. Banks

   314,845

    12,504

    82,304

     9,090

    10,123

    14,398

    33,564

    23,653

     4,754

    10,765

    13,100

    59,699

    40,889

Federal Reserve notes, net

1,166,479

    34,006

   463,776

    35,453

    51,786

    97,779

   148,388

    71,713

    32,358

    12,587

    25,787

    61,874

   130,972

Reverse repurchase agreements14

    95,385

     2,494

    52,895

     2,764

     2,436

     5,931

     6,336

     5,154

     1,535

       905

     1,805

     3,704

     9,426

Deposits

2,419,728

    37,908

1,780,942

    40,588

    23,755

    91,997

    38,358

    68,244

     9,116

     6,551

    17,544

    47,575

   257,150

Term deposits held by depository institutions

    11,662

         0

     8,130

       750

         0

        30

       710

     1,100

        10

        77

       150

       105

       600

Other deposits held by depository institutions

2,329,156

    37,905

1,694,308

    39,808

    23,752

    91,651

    37,636

    67,120

     9,105

     6,474

    17,392

    47,468

   256,537

U.S. Treasury, General Account

    57,533

         0

    57,533

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Foreign official

     8,876

         2

     8,849

         3

         3

         8

         2

         1

         0

         0

         0

         1

         6

Other

    12,500

         2

    12,122

        27

         0

       308

        10

        23

         0

         0

         1

         1

         7

Deferred availability cash items

       883

         0

         0

         0

         0

         0

       795

         0

         0

        88

         0

         0

         0

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

     1,915

        52

     1,038

        60

        53

       142

       135

        93

        29

        15

        34

        71

       193

Other liabilities and accrued
dividends16

     8,113

       225

     4,417

       270

       268

       667

       494

       407

       179

       149

       162

       294

       580

Total liabilities

3,692,504

    74,686

2,303,068

    79,135

    78,298

   196,516

   194,506

   145,611

    43,216

    20,296

    45,332

   113,518

   398,322

Capital

Capital paid in

    27,441

     1,300

     8,738

     2,089

     2,179

     5,716

     1,600

       757

       232

       116

       281

       457

     3,975

Surplus

    27,441

     1,300

     8,738

     2,089

     2,179

     5,716

     1,600

       757

       232

       116

       281

       457

     3,975

Other capital

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Total liabilities and capital

3,747,387

    77,286

2,320,544

    83,313

    82,657

   207,948

   197,707

   147,124

    43,681

    20,529

    45,894

   114,431

   406,273

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


9. Statement of Condition of Each Federal Reserve Bank, October 2, 2013 (continued)

1.

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

2.

Face value of the securities.

3.

Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.

4.

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

5.

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

6.

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

7.

Refer to table 4 and the note on consolidation below.

8.

Refer to table 5 and the note on consolidation below.

9.

Refer to table 6 and the note on consolidation below.

10.

Refer to table 7 and the note on consolidation below.

11.

Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate
equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

12.

Revalued daily at current foreign currency exchange rates.

13.

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

14.

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

15.

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

16.

Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and table 8), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 8).

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts

Millions of dollars

Federal Reserve notes and collateral

Wednesday

Oct 2, 2013

Federal Reserve notes outstanding

1,481,324

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

   314,845

Federal Reserve notes to be collateralized

1,166,479

Collateral held against Federal Reserve notes

1,166,479

Gold certificate account

    11,037

Special drawing rights certificate account

     5,200

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

1,150,243

Other assets pledged

         0

Memo:

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

3,479,712

Less: Face value of securities under reverse repurchase agreements

    84,178

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

3,395,535

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

1.

Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements.

2.

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


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