Skip to Content
Release Date: April 9, 2009
Release dates | Historical data
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
April 9, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and Averages of daily figures
reserve balances of depository institutions at Week ended Change from week ended Wednesday
Federal Reserve Banks Apr 8, 2009 Apr 1, 2009 Apr 9, 2008 Apr 8, 2009
Reserve Bank credit 2,069,605 + 20,954 +1,203,081 2,068,836
Securities held outright 796,917 + 23,420 + 236,100 801,353
U.S. Treasury securities (1) 505,518 + 19,299 - 55,299 508,414
Bills (2) 18,423 0 - 63,405 18,423
Notes and bonds, nominal (2) 443,610 + 19,251 + 7,845 446,488
Notes and bonds, inflation-indexed (2) 39,378 0 + 941 39,378
Inflation compensation (3) 4,108 + 48 - 679 4,127
Federal agency debt securities (2) 54,761 + 3,908 + 54,761 56,288
Mortgage-backed securities (4) 236,638 + 214 + 236,638 236,651
Repurchase agreements (5) 0 0 - 99,179 0
Term auction credit 467,277 - 1 + 367,277 467,277
Other loans 122,028 - 13,264 + 79,267 115,230
Primary credit 49,159 - 10,576 + 38,977 48,335
Secondary credit 64 + 64 + 64 62
Seasonal credit 3 0 - 14 3
Primary dealer and other broker-dealer credit (6) 17,600 - 1,888 - 14,962 13,400
Asset-Backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 4,938 - 1,712 + 4,938 3,664
Credit extended to American International
Group, Inc. (7) 45,571 + 859 + 45,571 45,073
Term Asset-Backed Securities Loan Facility 4,692 - 11 + 4,692 4,692
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (8) 250,597 + 6,300 + 250,597 251,226
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) 26,344 + 49 + 26,344 26,398
Net portfolio holdings of Maiden Lane II LLC (11) 18,391 - 67 + 18,391 18,227
Net portfolio holdings of Maiden Lane III LLC (12) 27,476 - 171 + 27,476 27,350
Float -2,283 + 4 - 1,576 -2,781
Central bank liquidity swaps (13) 312,839 + 3,011 + 291,839 313,396
Other Federal Reserve assets (14) 50,018 + 1,673 + 6,544 51,160
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 2,200 0 0 2,200
Treasury currency outstanding (15) 38,870 + 14 + 177 38,870
Total factors supplying reserve funds 2,121,716 + 20,968 +1,203,258 2,120,948
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
reserve balances of depository institutions at Week ended Change from week ended Wednesday
Federal Reserve Banks Apr 8, 2009 Apr 1, 2009 Apr 9, 2008 Apr 8, 2009
Currency in circulation (15) 901,195 + 1,997 + 86,092 902,793
Reverse repurchase agreements (16) 66,057 - 3,429 + 27,140 66,972
Foreign official and international accounts 66,057 - 3,429 + 27,140 66,972
Dealers 0 0 0 0
Treasury cash holdings 316 + 5 - 38 321
Deposits with F.R. Banks, other than reserve balances 260,290 - 9,547 + 247,670 260,944
U.S. Treasury, general account 35,981 - 11,148 + 30,854 23,684
U.S. Treasury, supplementary financing account 199,928 - 6 + 199,928 199,928
Foreign official 1,135 + 25 + 1,037 1,617
Service-related 4,428 - 2 - 2,617 4,428
Required clearing balances 4,428 - 2 - 2,617 4,428
Adjustments to compensate for float 0 0 0 0
Other 18,818 + 1,583 + 18,468 31,287
Other liabilities and capital (17) 55,229 - 245 + 10,400 55,221
Total factors, other than reserve balances,
absorbing reserve funds 1,283,086 - 11,221 + 371,263 1,286,251
Reserve balances with Federal Reserve Banks 838,630 + 32,189 + 831,995 834,696
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. 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
Averages of daily figures
Memorandum item Week ended Change from week ended Wednesday
Apr 8, 2009 Apr 1, 2009 Apr 9, 2008 Apr 8, 2009
Marketable securities held in custody for foreign
official and international accounts (1) 2,621,361 + 12,032 + 402,804 2,624,851
U.S. Treasury securities 1,812,045 + 12,418 + 499,607 1,816,192
Federal agency securities (2) 809,316 - 387 - 96,802 808,659
Securities lent to dealers 65,559 - 25,177 - 44,146 62,561
Overnight facility (3) 5,123 + 37 - 8,153 2,911
Term facility (4) 60,436 - 25,214 - 35,993 59,650
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. 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, April 8, 2009
Millions of dollars
Remaining maturity Within 15 16 days to 91 days to Over 1 year Over 5 years Over 10 All
days 90 days 1 year to 5 years to 10 years years
Term auction credit 253,822 213,455 --- --- --- --- 467,277
Other loans (1) 55,541 9,923 0 49,765 --- --- 115,230
U.S. Treasury securities (2)
Holdings 16,944 25,942 61,900 188,973 109,906 104,749 508,414
Weekly changes + 3,867 - 3,867 + 2 + 13,211 + 320 + 2,551 + 16,084
Federal agency debt securities (3)
Holdings 0 0 4,090 38,530 13,463 205 56,288
Weekly changes 0 0 0 + 2,107 + 565 0 + 2,672
Mortgage-backed securities (4)
Holdings 0 0 0 0 0 236,651 236,651
Weekly changes 0 0 0 0 0 + 14 + 14
Commercial paper held by
Commercial Paper Funding
Facility LLC (5) 16,477 233,068 0 --- --- --- 249,545
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) 206,684 106,712 0 0 0 0 313,396
Reverse repurchase agreements (7) 66,972 0 --- --- --- --- 66,972
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
Wednesday
Account name Apr 8, 2009
Mortgage-backed securities held outright (1) 236,651
Commitments to buy mortgage-backed securities (2) 258,606
Commitments to sell mortgage-backed securities (2) 164,030
Cash and cash equivalents (3) 779
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
Wednesday
Account name Apr 8, 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) 306
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,204
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 December 31, 2008. 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
Wednesday
Account name Apr 8, 2009
Net portfolio holdings of Maiden Lane II LLC (1) 18,227
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 18,251
Accrued interest payable to the Federal Reserve Bank of New York (2) 102
Deferred payment and accrued interest payable to subsidiaries of American International
Group, Inc. (3) 1,012
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 December 31, 2008. 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
Wednesday
Account name Apr 8, 2009
Net portfolio holdings of Maiden Lane III LLC (1) 27,350
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 23,542
Accrued interest payable to the Federal Reserve Bank of New York (2) 140
Outstanding principal amount and accrued interest on loan payable to American International
Group, Inc. (3) 5,069
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 December 31, 2008. 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
Wednesday
Account name Apr 8, 2009
Commercial paper holdings, net (1) 248,602
Other investments, net 2,624
Net portfolio holdings of Commercial Paper Funding Facility LLC 251,226
Memorandum: Commercial paper holdings, face value 249,545
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 248,176
Accrued interest payable to the Federal Reserve Bank of New York (2) 100
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
Wednesday
Account name Apr 8, 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
Eliminations Change since
from Wednesday Wednesday Wednesday
Assets, liabilities, and capital consolidation Apr 8, 2009 Apr 1, 2009 Apr 9, 2008
Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 2,200 0 0
Coin 1,835 - 2 + 479
Securities, repurchase agreements, term auction
credit, and other loans 1,383,861 + 916 + 569,908
Securities held outright 801,353 + 18,770 + 241,239
U.S. Treasury securities (1) 508,414 + 16,084 - 51,700
Bills (2) 18,423 0 - 63,405
Notes and bonds, nominal (2) 446,488 + 16,034 + 11,437
Notes and bonds, inflation-indexed (2) 39,378 0 + 941
Inflation compensation (3) 4,127 + 51 - 671
Federal agency debt securities (2) 56,288 + 2,672 + 56,288
Mortgage-backed securities (4) 236,651 + 14 + 236,651
Repurchase agreements (5) 0 0 - 120,000
Term auction credit 467,277 - 1 + 367,277
Other loans 115,230 - 17,854 + 81,392
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 251,226 + 1,495 + 251,226
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 + 62 + 26,398
Net portfolio holdings of Maiden Lane II LLC (9) 18,227 - 289 + 18,227
Net portfolio holdings of
Maiden Lane III LLC (10) 27,350 - 311 + 27,350
Items in process of collection (410) 852 + 367 - 509
Bank premises 2,185 + 2 + 43
Central bank liquidity swaps (11) 313,396 + 4,604 + 292,396
Other assets (12) 51,439 + 2,747 + 9,829
Total assets (410) 2,090,006 + 9,591 +1,195,348
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
Eliminations Change since
from Wednesday Wednesday Wednesday
Assets, liabilities, and capital consolidation Apr 8, 2009 Apr 1, 2009 Apr 9, 2008
Liabilities
Federal Reserve notes, net of F.R. Bank holdings 866,075 + 1,558 + 87,173
Reverse repurchase agreements (13) 66,972 - 934 + 28,193
Deposits (0) 1,098,105 + 8,189 +1,068,496
Depository institutions 841,589 + 4,126 + 815,833
U.S. Treasury, general account 23,684 - 14,070 + 20,247
U.S. Treasury, supplementary financing account 199,928 - 6 + 199,928
Foreign official 1,617 + 771 + 1,517
Other (0) 31,287 + 17,368 + 30,970
Deferred availability cash items (410) 3,632 + 364 + 614
Other liabilities and accrued dividends (14) 9,409 + 141 + 5,671
Total liabilities (410) 2,044,193 + 9,319 +1,190,147
Capital accounts
Capital paid in 22,595 + 35 + 3,044
Surplus 21,165 + 9 + 2,694
Other capital accounts 2,053 + 229 - 537
Total capital 45,812 + 272 + 5,200
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, April 8, 2009
Millions of dollars
Kansas San
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco
Assets
Gold certificate account 11,037 424 3,935 453 423 891 1,221 913 344 199 349 636 1,249
Special drawing rights certificate acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234
Coin 1,835 67 77 158 149 255 211 222 39 62 125 179 291
Securities, repurchase agreements, term
auction credit, and other loans 1,383,861 60,527 630,541 77,678 41,158 156,816 88,497 78,996 32,056 16,114 31,790 39,857 129,831
Securities held outright 801,353 33,612 285,117 34,988 30,387 72,665 79,733 70,727 27,692 15,129 29,424 33,241 88,638
U.S. Treasury securities (1) 508,414 21,325 180,891 22,198 19,279 46,102 50,586 44,872 17,569 9,598 18,668 21,090 56,236
Bills (2) 18,423 773 6,555 804 699 1,671 1,833 1,626 637 348 676 764 2,038
Notes and bonds (3) 489,992 20,552 174,336 21,394 18,580 44,432 48,753 43,246 16,932 9,251 17,991 20,325 54,198
Federal agency debt securities (2) 56,288 2,361 20,027 2,458 2,134 5,104 5,601 4,968 1,945 1,063 2,067 2,335 6,226
Mortgage-backed securities (4) 236,651 9,926 84,199 10,333 8,974 21,459 23,546 20,887 8,178 4,468 8,689 9,817 26,176
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Term auction credit 467,277 23,022 238,947 42,573 10,766 83,563 8,483 6,474 4,237 749 2,331 6,275 39,859
Other loans 115,230 3,893 106,478 117 5 588 280 1,795 127 237 35 342 1,334
Net portfolio holdings of Commercial
Paper Funding Facility LLC (6) 251,226 0 251,226 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) 18,227 0 18,227 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (10) 27,350 0 27,350 0 0 0 0 0 0 0 0 0 0
Items in process of collection 1,261 36 0 155 80 49 474 100 53 69 34 95 116
Bank premises 2,185 122 209 66 146 233 223 208 133 112 272 249 212
Central bank liquidity swaps (11) 313,396 12,613 82,304 34,586 23,188 89,341 24,078 10,509 3,133 4,846 3,106 4,048 21,644
Other assets (12) 51,439 2,121 16,078 3,862 2,795 9,340 4,574 3,179 1,199 903 1,256 1,470 4,663
Interdistrict settlement account 0 + 8,345 - 54,095 - 54,116 + 9,481 - 12,751 + 23,269 + 12,715 - 450 + 818 + 17,317 + 15,106 + 34,362
Total assets 2,090,416 84,370 1,003,125 62,924 77,523 244,321 142,712 107,055 36,578 23,154 54,315 61,738 192,601
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, April 8, 2009 (continued)
Millions of dollars
Kansas San
Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco
Liabilities
Federal Reserve notes outstanding 1,045,533 37,207 369,578 40,404 45,608 79,180 132,333 87,832 29,979 20,001 29,278 63,117 111,015
Less: Notes held by F.R. Banks 179,458 5,161 57,046 4,784 7,543 11,702 27,984 13,039 3,625 2,752 3,326 17,819 24,678
Federal Reserve notes, net 866,075 32,045 312,532 35,621 38,066 67,478 104,350 74,792 26,355 17,249 25,952 45,298 86,338
Reverse repurchase agreements (13) 66,972 2,809 23,828 2,924 2,540 6,073 6,664 5,911 2,314 1,264 2,459 2,778 7,408
Deposits 1,098,105 47,386 646,763 18,790 33,077 157,727 27,612 24,048 7,213 3,253 25,123 12,615 94,498
Depository institutions 841,589 47,383 390,434 18,786 33,074 157,576 27,607 24,039 7,208 3,252 25,122 12,614 94,495
U.S. Treasury, general account 23,684 0 23,684 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 199,928 0 199,928 0 0 0 0 0 0 0 0 0 0
Foreign official 1,617 2 1,587 4 3 11 3 1 0 1 0 1 3
Other 31,287 2 31,130 0 0 139 2 8 5 0 1 0 0
Deferred availability cash items 4,042 119 0 622 464 219 377 404 87 395 209 281 865
Other liabilities and accrued
dividends (14) 9,409 168 6,779 200 192 517 370 293 154 112 123 173 327
Total liabilities 2,044,603 82,528 989,903 58,157 74,338 232,014 139,372 105,448 36,123 22,273 53,866 61,146 189,436
Capital
Capital paid in 22,595 912 6,363 2,380 1,587 6,162 1,645 785 217 486 214 286 1,557
Surplus 21,165 844 5,695 2,315 1,552 5,981 1,612 704 210 324 208 271 1,449
Other capital 2,053 86 1,164 73 45 164 83 119 28 71 27 35 159
Total liabilities and capital 2,090,416 84,370 1,003,125 62,924 77,523 244,321 142,712 107,055 36,578 23,154 54,315 61,738 192,601
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, April 8, 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
Apr 8, 2009
Federal Reserve notes outstanding 1,045,533
Less: Notes held by F.R. Banks not subject to collateralization 179,458
Federal Reserve notes to be collateralized 866,075
Collateral held against Federal Reserve notes 866,075
Gold certificate account 11,037
Special drawing rights certificate account 2,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 738,699
Other assets pledged 114,139
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 801,353
Less: Face value of securities under reverse repurchase agreements 62,654
U.S. Treasury, agency debt, and mortgage-backed securities
eligible to be pledged 738,699
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.
Release dates | Historical data
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
Statistical releases