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Release Date: October 8, 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 8, 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 7, 2015 
Federal Reserve Banks                                      Oct 7, 2015 Sep 30, 2015  Oct 8, 2014              

Reserve Bank credit                                         4,446,747   -    1,259   +   35,035    4,447,570  
  Securities held outright (1)                              4,238,254   -    1,636   +   48,834    4,238,253  
    U.S. Treasury securities                                2,461,924   -       23   +    8,936    2,461,911  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,346,639   -        1   +    8,409    2,346,639  
      Notes and bonds, inflation-indexed (2)                   98,534            0   +      306       98,534  
      Inflation compensation (3)                               16,750   -       23   +      220       16,737  
    Federal agency debt securities (2)                         35,093            0   -    4,913       35,093  
    Mortgage-backed securities (4)                          1,741,237   -    1,613   +   44,812    1,741,249  
  Unamortized premiums on securities held outright (5)        193,448   -      424   -   15,614      193,338  
  Unamortized discounts on securities held outright (5)       -16,997   +       41   +    1,754      -16,986  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           215   -       45   -       14          226  
    Primary credit                                                  8   -       10   +        2           24  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               207   -       35   -        2          202  
    Term Asset-Backed Securities Loan Facility (7)                  0            0   -       14            0  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (8)                 1,703   +        1   +       38        1,703  
  Net portfolio holdings of TALF LLC (9)                            0            0   -       35            0  
  Float                                                           260   +      226   +      901          172  
  Central bank liquidity swaps (10)                               143   -      538   +      143          143  
  Other Federal Reserve assets (11)                            29,722   +    1,117   -      971       30,722  
Foreign currency denominated assets (12)                       20,102   +       80   -    2,188       20,081  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (13)                             47,196   +       14   +    1,011       47,196  
                                                                                                              
Total factors supplying reserve funds                       4,530,287   -    1,165   +   33,859    4,531,088  

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 7, 2015 
Federal Reserve Banks                                      Oct 7, 2015 Sep 30, 2015  Oct 8, 2014              

Currency in circulation (13)                                 1,388,689   +    3,779   +   97,057    1,390,904 
Reverse repurchase agreements (14)                             332,721   -   52,572   +   51,988      282,684 
  Foreign official and international accounts                  168,883   -      425   +   71,813      167,250 
  Others                                                       163,838   -   52,147   -   19,825      115,434 
Treasury cash holdings                                             196   +       34   +       10          228 
Deposits with F.R. Banks, other than reserve balances          109,764   -   71,013   -      879      112,844 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                                83,381   -   61,784   -   13,080       87,139 
  Foreign official                                               5,256   -      139   +        8        5,256 
  Other (15)                                                    21,127   -    9,090   +   12,193       20,449 
Other liabilities and capital (16)                              66,283   +      295   +    2,396       65,635 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  1,897,653   -  119,478   +  150,572    1,852,295 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,632,633   +  118,312   -  116,714    2,678,794 

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 7, 2015 
                                                           Oct 7, 2015 Sep 30, 2015  Oct 8, 2014              

Securities held in custody for foreign official and       
     international accounts                                  3,328,542   -    5,154   -    8,083    3,320,548 
  Marketable U.S. Treasury securities (1)                    3,002,605   -    4,580   +    1,084    2,994,696 
  Federal agency debt and mortgage-backed securities (2)       281,079   -      501   -   10,559      280,858 
  Other securities (3)                                          44,858   -       73   +    1,392       44,994 
Securities lent to dealers                                      14,836   +      705   +    3,077       13,511 
  Overnight facility (4)                                        14,836   +      705   +    3,077       13,511 
    U.S. Treasury securities                                    14,788   +      708   +    3,786       13,464 
    Federal agency debt securities                                  48   -        3   -      709           47 

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 7, 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                                           74           152             0             0             0           ...           226 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0           327       173,786     1,135,726       514,054       638,017     2,461,911 
  Weekly changes                                 0             0    +    6,825    -    6,833    -        6    -       24    -       37 
Federal agency debt securities (2)                                                                                                     
  Holdings                                     947         1,202        12,452        18,145             0         2,347        35,093 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           278         9,453     1,731,518     1,741,249 
  Weekly changes                                 0             0             0    +      132    +      139    -      255    +       16 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               143             0             0             0             0             0           143 
                                                                                                                                       
Reverse repurchase agreements (4)          282,684             0           ...           ...           ...           ...       282,684 
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 7, 2015  

Mortgage-backed securities held outright (1)                                                                             1,741,249  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           33,219  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   23  



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 7, 2015  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,703  
                                                                                                                                    
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 June 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 7, 2015   Wednesday    Wednesday  
                                                        consolidation                Sep 30, 2015  Oct 8, 2014 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,909            0   -        8  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,414,831   -      355   +   33,479  
    Securities held outright (1)                                          4,238,253   -       21   +   47,364  
      U.S. Treasury securities                                            2,461,911   -       37   +    7,454  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,346,639            0   +    7,178  
        Notes and bonds, inflation-indexed (2)                               98,534            0   +       65  
        Inflation compensation (3)                                           16,737   -       37   +      209  
      Federal agency debt securities (2)                                     35,093            0   -    4,913  
      Mortgage-backed securities (4)                                      1,741,249   +       16   +   44,823  
    Unamortized premiums on securities held outright  
    (5)                                                                     193,338   -      339   -   15,661  
    Unamortized discounts on securities held outright 
    (5)                                                                     -16,986   +       31   +    1,771  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       226   -       26   +        5  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,703            0   +       32  
  Net portfolio holdings of TALF LLC (8)                                          0            0   -       24  
  Items in process of collection                                   (0)          560   +      164   +      482  
  Bank premises                                                               2,233   -        8   -       25  
  Central bank liquidity swaps (9)                                              143   -      538   +      143  
  Foreign currency denominated assets (10)                                   20,081   +       79   -    2,347  
  Other assets (11)                                                          28,489   +    2,734   -      951  
                                                                                                               
Total assets                                                       (0)    4,486,185   +    2,074   +   30,782  

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 7, 2015   Wednesday    Wednesday  
                                                        consolidation                Sep 30, 2015  Oct 8, 2014 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,345,839   +    3,449   +   96,194 
  Reverse repurchase agreements (12)                                         282,684   -  358,397   +    4,818 
  Deposits                                                          (0)    2,791,638   +  356,767   -   72,227 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,678,794   +  481,137   -   86,822 
    U.S. Treasury, General Account                                            87,139   -  111,577   +    1,830 
    Foreign official                                                           5,256   -      975   +       13 
    Other (13)                                                      (0)       20,449   -   11,818   +   12,752 
  Deferred availability cash items                                  (0)          388   -       95   -      304 
  Other liabilities and accrued dividends (14)                                 7,067   +      343   +      129 
                                                                                                               
Total liabilities                                                   (0)    4,427,617   +    2,067   +   28,612 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             29,284   +        3   +    1,085 
  Surplus                                                                     29,284   +        3   +    1,085 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 58,568   +        7   +    2,170 

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 7, 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                                             1,909          48          67          133         133         304         198         275          30          44         154         196         327
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,414,831     111,908   2,650,143      109,799     106,138     239,773     248,626     164,053      46,064      26,965      57,357     142,217     511,787
    Securities held outright (1)               4,238,253     107,438   2,544,274      105,412     101,898     230,195     238,665     157,470      44,199      25,775      55,057     136,528     491,343
      U.S. Treasury securities                 2,461,911      62,408   1,477,914       61,232      59,190     133,715     138,635      91,471      25,674      14,972      31,982      79,306     285,410
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,911      62,408   1,477,914       61,232      59,190     133,715     138,635      91,471      25,674      14,972      31,982      79,306     285,410
      Federal agency debt securities (2)          35,093         890      21,067          873         844       1,906       1,976       1,304         366         213         456       1,130       4,068
      Mortgage-backed securities (4)           1,741,249      44,140   1,045,293       43,308      41,864      94,573      98,053      64,695      18,159      10,590      22,620      56,091     201,864
    Unamortized premiums on securities held 
      outright (5)                               193,338       4,901     116,063        4,809       4,648      10,501      10,887       7,183       2,016       1,176       2,512       6,228      22,414
    Unamortized discounts on securities     
      held outright (5)                          -16,986        -431     -10,197         -422        -408        -923        -957        -631        -177        -103        -221        -547      -1,969
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            226           0           3            0           0           0          31          31          27         118           9           8           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,703           0       1,703            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                     560           0           0            0           0           0         559           0           0           0           0           0           0
  Bank premises                                    2,233         126         438           73         107         214         208         204         118          93         238         220         195
  Central bank liquidity swaps (9)                   143           6          46            8          11          33           8           4           1           1           2           2          21
  Foreign currency denominated                                                                                                                                                                           
     assets (10)                                  20,081         910       6,474        1,122       1,565       4,607       1,142         539         187          84         211         289       2,948
  Other assets (11)                               28,489         758      16,638          717         697       1,713       1,624       1,077         372         205         413         957       3,318
  Interdistrict settlement account                     0  -   17,385  -  115,357   +    5,552  +   27,639  +   43,885  -    4,795  +   22,008  +   11,346  +    4,439  +    3,835  +    8,281  +   10,552
                                                                                                                                                                                                         
Total assets                                   4,486,185      96,915   2,565,679      117,954     137,031     291,723     249,825     189,319      58,567      32,092      62,651     153,336     531,092

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 7, 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            1,529,673      48,921     501,025      50,104      83,596     105,717     214,686     104,952      52,456      27,065      41,273     116,447     183,431
    Less: Notes held by F.R. Banks               183,834       6,300      58,737       6,720       9,994      12,571      23,405      11,596       4,864       3,159       4,840      14,560      27,089
      Federal Reserve notes, net               1,345,839      42,621     442,288      43,385      73,602      93,147     191,281      93,356      47,592      23,907      36,433     101,887     156,342
  Reverse repurchase agreements (12)             282,684       7,166     169,698       7,031       6,796      15,354      15,919      10,503       2,948       1,719       3,672       9,106      32,772
  Deposits                                     2,791,638      44,318   1,930,793      64,065      51,888     169,439      38,614      83,558       7,309       5,942      21,777      41,230     332,704
    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                           2,678,794      44,312   1,826,717      64,063      51,885     169,145      38,604      75,154       7,272       5,941      21,776      41,228     332,696
    U.S. Treasury, General Account                87,139           0      87,139           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,256           2       5,229           2           3           9           2           1           0           0           0           1           6
    Other (13)                                    20,449           4      11,709           0           0         285           7       8,403          37           0           1           2           2
  Deferred availability cash items                   388           0           0           0           0           0         263           0           0         125           0           0           0
  Interest on Federal Reserve notes due     
     to U.S. Treasury (14)                         2,005          47       1,268          43          37          81         113          72          19          11          24          64         225
  Other liabilities and accrued             
     dividends                                     5,063         160       2,418         197         219         547         331         255         130         137         123         181         364
                                                                                                                                                                                                        
Total liabilities                              4,427,617      94,311   2,546,467     114,720     132,542     278,568     246,521     187,743      57,998      31,841      62,030     152,470     522,407
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 29,284       1,302       9,606       1,617       2,245       6,578       1,652         788         285         126         311         433       4,342
  Surplus                                         29,284       1,302       9,606       1,617       2,245       6,578       1,652         788         285         126         311         433       4,342
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,486,185      96,915   2,565,679     117,954     137,031     291,723     249,825     189,319      58,567      32,092      62,651     153,336     531,092

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 7, 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 7, 2015  

Federal Reserve notes outstanding                                                            1,529,673  
  Less: Notes held by F.R. Banks not subject to collateralization                              183,834  
    Federal Reserve notes to be collateralized                                               1,345,839  
Collateral held against Federal Reserve notes                                                1,345,839  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,329,603  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,238,253  
  Less: Face value of securities under reverse repurchase agreements                           262,197  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,976,056  

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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