Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: October 29, 2015
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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 29, 2015


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Oct 28, 2015 
Federal Reserve Banks                                     Oct 28, 2015 Oct 21, 2015 Oct 29, 2014              

Reserve Bank credit                                         4,458,309   +      931   +    7,389    4,450,808  
  Securities held outright (1)                              4,246,473   +      323   +   22,553    4,240,037  
    U.S. Treasury securities                                2,461,813   -       37   +    1,095    2,461,800  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,639            0   +      804    2,346,639  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +       65       98,534  
      Inflation compensation (3)                               16,640   -       37   +      226       16,626  
    Federal agency debt securities (2)                         34,146            0   -    5,554       34,146  
    Mortgage-backed securities (4)                          1,750,513   +      360   +   27,011    1,744,091  
  Unamortized premiums on securities held outright (5)        192,765   -      317   -   16,646      192,433  
  Unamortized discounts on securities held outright (5)       -16,884   +       37   +    1,821      -16,871  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           179   -       15   -       39          167  
    Primary credit                                                  2   -        4   -       10            0  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               177   -       12   -       17          166  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       12            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,706   +        1   +       34        1,716  
  Net portfolio holdings of TALF LLC (9)                            0            0   -       24            0  
  Float                                                           219   -       56   +      731         -113  
  Central bank liquidity swaps (10)                               140            0   +      140          140  
  Other Federal Reserve assets (11)                            33,711   +      958   -    1,180       33,298  
Foreign currency denominated assets (12)                       19,805   -      427   -    2,676       19,839  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             47,334   +       14   +    1,106       47,334  
                                                                                                              
Total factors supplying reserve funds                       4,541,689   +      518   +    5,819    4,534,221  

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                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Oct 28, 2015 
Federal Reserve Banks                                     Oct 28, 2015 Oct 21, 2015 Oct 29, 2014              

Currency in circulation (13)                                 1,392,478   +      951   +   95,272    1,394,954 
Reverse repurchase agreements (14)                             325,953   +   21,298   +  106,801      344,810 
  Foreign official and international accounts                  187,287   +   11,898   +   84,881      189,494 
  Others                                                       138,665   +    9,400   +   21,919      155,316 
Treasury cash holdings                                             226   +       33   +       28          238 
Deposits with F.R. Banks, other than reserve balances           99,495   +   14,695   -  225,712       60,961 
  Term deposits held by depository institutions                      0            0   -  171,861            0 
  U.S. Treasury, General Account                                47,100   -   13,303   -   71,324       35,586 
  Foreign official                                               5,261   -      189   -        3        5,273 
  Other (15)                                                    47,134   +   28,187   +   17,475       20,102 
Other liabilities and capital (16)                              65,777   -      912   +    1,479       65,070 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,883,928   +   36,064   -   22,134    1,866,034 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,657,762   -   35,544   +   27,953    2,668,187 

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 6.                                    
9.  Refer to the note on consolidation accompanying table 6.                                                
10. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
11. Includes 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.                                                                                       
12. Revalued daily at current foreign currency exchange rates.                                              
13. Estimated.                                                                                              
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
15. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
16. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      
                                                                                                            



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  
                                                           Week ended    Change from week ended  Oct 28, 2015 
                                                          Oct 28, 2015 Oct 21, 2015 Oct 29, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,292,359   -    9,093   +      896    3,287,864 
  Marketable U.S. Treasury securities (1)                    2,970,314   -    6,574   +    6,770    2,966,612 
  Federal agency debt and mortgage-backed securities (2)       276,091   -    2,558   -    9,987      275,260 
  Other securities (3)                                          45,954   +       39   +    4,113       45,991 
Securities lent to dealers                                      16,437   +      661   +    6,334       13,897 
  Overnight facility (4)                                        16,437   +      661   +    6,334       13,897 
    U.S. Treasury securities                                    16,376   +      646   +    6,954       13,848 
    Federal agency debt securities                                  61   +       14   -      620           49 

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, 5, and 6.     
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 28, 2015    

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                          142            24             0             0             0           ...           167 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0           327       173,783     1,135,709       514,037       637,943     2,461,800 
  Weekly changes                                 0             0    -        1    -        6    -        6    -       25    -       37 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         2,828        12,825        16,146             0         2,347        34,146 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           269         9,374     1,734,448     1,744,091 
  Weekly changes                                 0             0             0    -        8    -      236    -   10,862    -   11,106 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               140             0             0             0             0             0           140 
                                                                                                                                       
Reverse repurchase agreements (4)          344,810             0           ...           ...           ...           ...       344,810 
Term deposits                                    0             0             0           ...           ...           ...             0 

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


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  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 28, 2015  

Mortgage-backed securities held outright (1)                                                                             1,744,091  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           22,795  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   39  



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 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Oct 28, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,716  
                                                                                                                                    
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  
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 September 30, 2015. 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 6.                                                  
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 5 and table 6.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Oct 28, 2015   Wednesday    Wednesday  
                                                        consolidation                Oct 21, 2015 Oct 29, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,884   -        9   -       30  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,415,767   -   11,835   +    5,947  
    Securities held outright (1)                                          4,240,037   -   11,143   +   20,869  
      U.S. Treasury securities                                            2,461,800   -       37   +      220  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,639            0   -       75  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +       65  
        Inflation compensation (3)                                           16,626   -       37   +      228  
      Federal agency debt securities (2)                                     34,146            0   -    5,554  
      Mortgage-backed securities (4)                                      1,744,091   -   11,106   +   26,203  
    Unamortized premiums on securities held outright  
    (5)                                                                     192,433   -      710   -   16,707  
    Unamortized discounts on securities held outright 
    (5)                                                                     -16,871   +       36   +    1,823  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       167   -       20   -       39  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,716   +       11   +       37  
  Net portfolio holdings of TALF LLC (8)                                          0            0   -       24  
  Items in process of collection                                   (0)          459   -      109   +      388  
  Bank premises                                                               2,236   +        1   -       32  
  Central bank liquidity swaps (9)                                              140            0   +      140  
  Foreign currency denominated assets (10)                                   19,839   -      346   -    2,703  
  Other assets (11)                                                          31,062   +      255   -    1,137  
                                                                                                               
Total assets                                                       (0)    4,489,339   -   12,033   +    2,585  

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





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Oct 28, 2015   Wednesday    Wednesday  
                                                        consolidation                Oct 21, 2015 Oct 29, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,349,738   +    2,728   +   94,668 
  Reverse repurchase agreements (12)                                         344,810   +   13,511   +  108,121 
  Deposits                                                          (0)    2,729,149   -   27,570   -  202,154 
    Term deposits held by depository institutions                                  0            0   -  171,860 
    Other deposits held by depository institutions                         2,668,187   -    7,401   +   40,914 
    U.S. Treasury, General Account                                            35,586   -   21,500   -   83,074 
    Foreign official                                                           5,273   +       15   +       20 
    Other (13)                                                      (0)       20,102   +    1,316   +   11,845 
  Deferred availability cash items                                  (0)          571   +      205   -       47 
  Other liabilities and accrued dividends (14)                                 6,474   -      906   -      144 
                                                                                                               
Total liabilities                                                   (0)    4,430,742   -   12,032   +      445 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,298   -        1   +    1,070 
  Surplus                                                                     29,298   -        1   +    1,070 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,597   -        1   +    2,140 

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 6.                                    
8.  Refer to the note on consolidation accompanying table 6.                                                
9.  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.     
10. Revalued daily at current foreign currency exchange rates.                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
14. Includes the liability for interest on Federal Reserve notes due to U.S. Treasury.                      

 



6. Statement of Condition of Each Federal Reserve Bank, October 28, 2015
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         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,884          49          68          131         129         302         195         272          29          41         152         195         321
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,415,767     111,933   2,650,738      109,823     106,162     239,827     248,680     164,062      46,061      26,960      57,371     142,247     511,903
    Securities held outright (1)               4,240,037     107,483   2,545,345      105,457     101,941     230,292     238,765     157,536      44,217      25,786      55,080     136,585     491,550
      U.S. Treasury securities                 2,461,800      62,405   1,477,848       61,229      59,188     133,709     138,629      91,467      25,673      14,972      31,980      79,303     285,398
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,800      62,405   1,477,848       61,229      59,188     133,709     138,629      91,467      25,673      14,972      31,980      79,303     285,398
      Federal agency debt securities (2)          34,146         866      20,498          849         821       1,855       1,923       1,269         356         208         444       1,100       3,959
      Mortgage-backed securities (4)           1,744,091      44,212   1,046,999       43,378      41,932      94,728      98,213      64,801      18,188      10,607      22,657      56,183     202,193
    Unamortized premiums on securities held 
      outright (5)                               192,433       4,878     115,520        4,786       4,627      10,452      10,836       7,150       2,007       1,170       2,500       6,199      22,309
    Unamortized discounts on securities     
      held outright (5)                          -16,871        -428     -10,128         -420        -406        -916        -950        -627        -176        -103        -219        -543      -1,956
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            167           0           0            0           0           0          29           3          13         106          10           6           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,716           0       1,716            0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (8)               0           0           0            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     459           0           0            0           0           0         458           0           0           0           0           0           0
  Bank premises                                    2,236         126         439           74         106         213         208         205         118          93         238         221         196
  Central bank liquidity swaps (9)                   140           6          45            8          11          32           8           4           1           1           1           2          21
  Foreign currency denominated                                                                                                                                                                           
     assets (10)                                  19,839         899       6,396        1,108       1,546       4,552       1,129         533         185          83         209         286       2,913
  Other assets (11)                               31,062         828      18,152          782         757       1,839       1,758       1,165         397         217         448       1,114       3,607
  Interdistrict settlement account                     0  -    7,961  -  139,308   +    5,595  +   23,037  +   45,349  -      123  +   19,010  +   12,123  +    5,313  +    2,146  +   10,252  +   24,567
                                                                                                                                                                                                         
Total assets                                   4,489,339     106,423   2,543,773      118,072     132,490     293,308     254,566     186,408      59,364      32,969      61,005     155,489     545,471

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





6. Statement of Condition of Each Federal Reserve Bank, October 28, 2015 (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            1,535,449      48,912     500,666      49,993      83,691     107,501     216,590     104,465      52,294      27,058      41,137     117,634     185,509
    Less: Notes held by F.R. Banks               185,711       6,132      61,069       6,851       9,871      12,874      23,477      11,313       4,884       3,147       4,841      14,307      26,943
      Federal Reserve notes, net               1,349,738      42,780     439,597      43,141      73,820      94,627     193,113      93,152      47,409      23,911      36,296     103,327     158,566
  Reverse repurchase agreements (12)             344,810       8,741     206,994       8,576       8,290      18,728      19,417      12,811       3,596       2,097       4,479      11,107      39,974
  Deposits                                     2,729,149      52,094   1,874,770      62,888      45,643     166,185      38,074      78,550       7,638       6,220      19,474      39,947     337,666
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,668,187      52,063   1,822,480      62,886      45,640     165,912      38,065      70,252       7,597       6,220      19,472      39,943     337,657
    U.S. Treasury, General Account                35,586           0      35,586           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,273           2       5,246           2           3           9           2           1           0           0           0           1           6
    Other (13)                                    20,102          29      11,458           0           0         264           7       8,297          40           0           1           4           2
  Deferred availability cash items                   571           0           0           0           0           0         229           0           0         343           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (14)                         1,444          27         985          23          13          15          87          49          12           9          18          54         153
  Other liabilities and accrued             
     dividends                                     5,029         178       2,215         211         231         599         349         268         122         138         127         187         405
                                                                                                                                                                                                        
Total liabilities                              4,430,742     103,819   2,524,560     114,839     127,997     280,154     251,268     184,830      58,777      32,718      60,394     154,622     536,764
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,298       1,302       9,606       1,617       2,246       6,577       1,649         789         294         126         305         433       4,353
  Surplus                                         29,298       1,302       9,606       1,617       2,246       6,577       1,649         789         294         126         305         433       4,353
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,489,339     106,423   2,543,773     118,072     132,490     293,308     254,566     186,408      59,364      32,969      61,005     155,489     545,471

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





6. Statement of Condition of Each Federal Reserve Bank, October 28, 2015 (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 the note on consolidation below.                                                                                                                                                               
9.  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.                                                                                                 
10. Revalued daily at current foreign currency exchange rates.                                                                                                                                              
11. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
14. 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.                                                                                                                                                   
                                                                                                                                                                                                            


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) 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 (ML), which was formed to acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was
repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. On November 25,
2008, the Federal Reserve Board authorized FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by FRBNY in connection with the
decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility. On January 15, 2013 FRBNY's commitment to extend credit to TALF LLC was eliminated. 

FRBNY was the primary beneficiary of ML because it received a majority of the residual returns and could have absorbed a majority of any residual losses should they have occurred. FRBNY was
the primary beneficiary of TALF LLC, because of the two beneficiaries of TALF LLC, FRBNY and the U.S. Treasury, FRBNY was primarily responsible for directing the financial activities of TALF
LLC. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs were consolidated with the assets and liabilities of FRBNY in the preparation of the
statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from FRBNY to the LLCs were eliminated, the net assets of the LLCs appeared as assets
on the previous page (and in table 1 and table 5), and the liabilities of the LLCs to entities other than FRBNY, including those with recourse only to the portfolio holdings of the LLCs, were
included in other liabilities in this table (and table 1 and table 5).

                                                                                                                    



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Oct 28, 2015  

Federal Reserve notes outstanding                                                            1,535,449  
  Less: Notes held by F.R. Banks not subject to collateralization                              185,711  
    Federal Reserve notes to be collateralized                                               1,349,738  
Collateral held against Federal Reserve notes                                                1,349,738  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,333,502  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,240,037  
  Less: Face value of securities under reverse repurchase agreements                           325,798  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,914,240  

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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