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Release Date: Thursday, November 21, 2013
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FEDERAL RESERVE statistical release

For Release at

4:30 P.M. EDT

June 12, 2014

Table 10 line items "Less: Face value of securities under reverse repurchase agreements" and "U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged" have been corrected to include securities pledged as collateral for tri-party reverse repurchase agreements.

The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm.

Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41.

FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks

November 21, 2013

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

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

Averages of daily figures

Wednesday
Nov 20, 2013

Week ended
Nov 20, 2013

Change from week ended

Nov 13, 2013

Nov 21, 2012

Reserve Bank credit

3,857,198

+   35,068

+1,044,623

3,863,833

Securities held outright1

3,634,882

+   44,542

+1,017,078

3,643,215

U.S. Treasury securities

2,143,543

+   11,814

+  492,502

2,150,957

Bills2

         0

         0

         0

         0

Notes and bonds, nominal2

2,039,862

+   10,347

+  472,898

2,047,265

Notes and bonds, inflation-indexed2

    89,979

+    1,390

+   16,635

    89,979

Inflation compensation3

    13,703

+       79

+    2,970

    13,713

Federal agency debt securities2

    58,473

-      607

-   22,048

    58,372

Mortgage-backed securities4

1,432,865

+   33,334

+  546,622

1,433,886

Unamortized premiums on securities held outright5

   207,205

+    1,414

+   44,063

   207,412

Unamortized discounts on securities held outright5

    -9,479

-      560

-    7,900

    -9,766

Repurchase agreements6

         0

         0

         0

         0

Loans

       169

-       23

-      836

       166

Primary credit

         2

-       12

-        3

         3

Secondary credit

         0

         0

         0

         0

Seasonal credit

        67

-       11

+       31

        64

Term Asset-Backed Securities Loan Facility7

       100

         0

-      865

       100

Other credit extensions

         0

         0

         0

         0

Net portfolio holdings of Maiden Lane LLC8

     1,517

+        1

-       37

     1,517

Net portfolio holdings of Maiden Lane II LLC9

        64

         0

+        3

        63

Net portfolio holdings of Maiden Lane III LLC10

        22

         0

-        1

        22

Net portfolio holdings of TALF LLC11

       110

         0

-      745

       110

Float

      -688

-       47

+      110

      -590

Central bank liquidity swaps12

       273

+        1

-   11,979

       273

Other Federal Reserve assets13

    23,125

-   10,258

+    4,868

    21,412

Foreign currency denominated assets14

    23,944

+       17

-    1,249

    23,913

Gold stock

    11,041

         0

         0

    11,041

Special drawing rights certificate account

     5,200

         0

         0

     5,200

Treasury currency outstanding15

    45,432

+       14

+      710

    45,432

Total factors supplying reserve funds

3,942,816

+   35,100

+1,044,085

3,949,419

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


1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

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

Averages of daily figures

Wednesday
Nov 20, 2013

Week ended
Nov 20, 2013

Change from week ended

Nov 13, 2013

Nov 21, 2012

Currency in circulation15

1,220,210

-    1,862

+   70,428

1,220,204

Reverse repurchase agreements16

   104,734

+    1,258

+   10,967

   106,473

Foreign official and international accounts

   102,465

+    1,184

+    8,698

   100,352

Others

     2,270

+       75

+    2,270

     6,121

Treasury cash holdings

       208

-        1

+       65

       214

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

    79,738

+   11,875

-    3,427

    89,076

Term deposits held by depository institutions

         0

         0

-    3,043

         0

U.S. Treasury, General Account

    49,446

+    3,807

+   25,013

    47,871

Foreign official

     8,733

+       72

+    2,213

     8,735

Other

    21,559

+    7,996

-   27,609

    32,470

Other liabilities and capital17

    64,375

-      607

-    3,877

    63,274

Total factors, other than reserve balances,
absorbing reserve funds

1,469,264

+   10,662

+   74,155

1,479,240

Reserve balances with Federal Reserve Banks

2,473,552

+   24,438

+  969,930

2,470,180

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

1.

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

2.

Face value of the securities.

3.

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

4.

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

5.

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

6.

Cash value of agreements.

7.

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

8.

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

9.

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

10.

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

11.

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

12.

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

13.

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

14.

Revalued daily at current foreign currency exchange rates.

15.

Estimated.

16.

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

17.

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

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



1A. Memorandum Items

Millions of dollars

Memorandum item

Averages of daily figures

Wednesday
Nov 20, 2013

Week ended
Nov 20, 2013

Change from week ended

Nov 13, 2013

Nov 21, 2012

Securities held in custody for foreign official and international accounts

3,334,311

+   10,014

+  135,489

3,339,592

Marketable U.S. Treasury securities1

2,974,653

+   12,370

+  130,207

2,980,729

Federal agency debt and mortgage-backed securities2

   316,833

-    2,850

-    1,531

   315,661

Other securities3

    42,826

+      495

+    6,815

    43,202

Securities lent to dealers

    10,973

+      883

+    3,664

    11,595

Overnight facility4

    10,973

+      883

+    3,664

    11,595

U.S. Treasury securities

     9,865

+      858

+    3,155

    10,503

Federal agency debt securities

     1,108

+       25

+      509

     1,092

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

1.

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

2.

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

3.

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

4.

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


2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, November 20, 2013

Millions of dollars

Remaining Maturity

Within 15
days

16 days to
90 days

91 days to
1 year

Over 1 year
to 5 years

Over 5 year
to 10 years

Over 10
years

All

Loans1

        66

         0

        63

        36

         0

...

       166

U.S. Treasury securities2

Holdings

         1

         3

       472

   721,540

   867,998

   560,944

2,150,957

Weekly changes

         0

-        1

+       88

+   33,259

-   23,279

+    3,854

+   13,920

Federal agency debt securities3

Holdings

         0

     6,961

    12,734

    36,268

        62

     2,347

    58,372

Weekly changes

-      708

         0

+    1,023

-    1,023

         0

         0

-      708

Mortgage-backed securities4

Holdings

         0

         0

         1

         3

     2,587

1,431,295

1,433,886

Weekly changes

         0

         0

         0

         0

-        4

-      664

-      667

Asset-backed securities held by
TALF LLC5

         0

         0

         0

         0

         0

         0

         0

Repurchase agreements6

         0

         0

...

...

...

...

         0

Central bank liquidity swaps7

        29

       244

         0

         0

         0

         0

       273

Reverse repurchase agreements6

   106,473

         0

...

...

...

...

   106,473

Term deposits

         0

         0

         0

...

...

...

         0

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

1.

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

2.

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

3.

Face value.

4.

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

5.

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

6.

Cash value of agreements.

7.

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


3. Supplemental Information on Mortgage-Backed Securities

Millions of dollars

Account name

Wednesday

Nov 20, 2013

Mortgage-backed securities held outright1

1,433,886

Commitments to buy mortgage-backed securities2

    66,279

Commitments to sell mortgage-backed securities2

     1,650

Cash and cash equivalents3

         8

1.

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

2.

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

3.

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


4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Account name

Wednesday

Nov 20, 2013

Net portfolio holdings of Maiden Lane LLC1

     1,517

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

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

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

         0

1.

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

2.

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

3.

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

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

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Account name

Wednesday

Nov 20, 2013

Net portfolio holdings of Maiden Lane II LLC1

        63

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

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

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

         0

1.

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

2.

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

3.

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

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


6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Account name

Wednesday

Nov 20, 2013

Net portfolio holdings of Maiden Lane III LLC1

        22

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

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

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

         0

1.

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

2.

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

3.

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

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

7. Information on Principal Accounts of TALF LLC

Millions of dollars

Account name

Wednesday

Nov 20, 2013

Asset-backed securities holdings1

         0

Other investments, net

       110

Net portfolio holdings of TALF LLC

       110

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

         0

Accrued interest payable to the Federal Reserve Bank of New York2

         0

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

         0

1.

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

2.

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

3.

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

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

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


8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Assets, liabilities, and capital

Eliminations from consolidation

Wednesday
Nov 20, 2013

Change since

Wednesday

Wednesday

Nov 13, 2013

Nov 21, 2012

Assets

Gold certificate account

    11,037

         0

         0

Special drawing rights certificate account

     5,200

         0

         0

Coin

     1,961

-        6

-      140

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

3,841,026

+   12,064

+1,047,141

Securities held outright1

3,643,215

+   12,545

+1,012,861

U.S. Treasury securities

2,150,957

+   13,920

+  500,468

Bills2

         0

         0

         0

Notes and bonds, nominal2

2,047,265

+   12,450

+  480,895

Notes and bonds, inflation-indexed2

    89,979

+    1,390

+   16,635

Inflation compensation3

    13,713

+       80

+    2,938

Federal agency debt securities2

    58,372

-      708

-   20,911

Mortgage-backed securities4

1,433,886

-      667

+  533,303

Unamortized premiums on securities held outright5

   207,412

+      263

+   43,288

Unamortized discounts on securities held outright5

    -9,766

-      732

-    8,192

Repurchase agreements6

         0

         0

         0

Loans

       166

-       11

-      815

Net portfolio holdings of Maiden Lane LLC7

     1,517

         0

+       79

Net portfolio holdings of Maiden Lane II LLC8

        63

-        1

+        2

Net portfolio holdings of Maiden Lane III LLC9

        22

         0

         0

Net portfolio holdings of TALF LLC10

       110

         0

-      746

Items in process of collection

(0)

        86

-       39

-      113

Bank premises

     2,288

+        2

-       58

Central bank liquidity swaps11

       273

+        1

-   11,979

Foreign currency denominated assets12

    23,913

-       70

-    1,210

Other assets13

    19,124

-   12,757

+    2,482

Total assets

(0)

3,906,620

-      804

+1,035,459

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


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

Millions of dollars

Assets, liabilities, and capital

Eliminations from consolidation

Wednesday
Nov 20, 2013

Change since

Wednesday

Wednesday

Nov 13, 2013

Nov 21, 2012

Liabilities

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

1,176,942

-    1,800

+   65,750

Reverse repurchase agreements14

   106,473

+      203

+   12,737

Deposits

(0)

2,559,256

+    4,981

+  961,528

Term deposits held by depository institutions

         0

         0

-    3,043

Other deposits held by depository institutions

2,470,180

-   18,837

+  957,266

U.S. Treasury, General Account

    47,871

+   13,624

+   32,232

Foreign official

     8,735

+       82

+    2,011

Other

(0)

    32,470

+   10,112

-   26,938

Deferred availability cash items

(0)

       676

-      635

-      234

Other liabilities and accrued dividends15

     8,375

-    3,607

-    4,051

Total liabilities

(0)

3,851,721

-      860

+1,035,730

Capital accounts

Capital paid in

    27,450

+       29

-      135

Surplus

    27,450

+       29

-      135

Other capital accounts

         0

         0

         0

Total capital

    54,899

+       56

-      271

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

1.

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

2.

Face value of the securities.

3.

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

4.

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

5.

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

6.

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

7.

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

8.

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

9.

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

10.

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

11.

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

12.

Revalued daily at current foreign currency exchange rates.

13.

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

14.

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

15.

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


9. Statement of Condition of Each Federal Reserve Bank, November 20, 2013

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Assets

Gold certificate account

    11,037

       391

     3,925

       397

       512

       856

     1,421

       792

       310

       190

       309

       728

     1,206

Special drawing rights certificate acct.

     5,200

       196

     1,818

       210

       237

       412

       654

       424

       150

        90

       153

       282

       574

Coin

     1,961

        32

        87

       126

       131

       335

       224

       282

        28

        47

       145

       179

       345

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

3,841,026

   100,435

2,130,014

   111,287

    98,092

   238,828

   255,147

   207,558

    61,810

    36,461

    72,681

   149,159

   379,554

Securities held outright1

3,643,215

    95,266

2,020,312

   105,559

    93,044

   226,538

   242,014

   196,866

    58,620

    34,571

    68,926

   141,475

   360,022

U.S. Treasury securities

2,150,957

    56,245

1,192,794

    62,322

    54,933

   133,748

   142,885

   116,230

    34,610

    20,411

    40,694

    83,527

   212,557

Bills2

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Notes and bonds3

2,150,957

    56,245

1,192,794

    62,322

    54,933

   133,748

   142,885

   116,230

    34,610

    20,411

    40,694

    83,527

   212,557

Federal agency debt securities2

    58,372

     1,526

    32,370

     1,691

     1,491

     3,630

     3,878

     3,154

       939

       554

     1,104

     2,267

     5,768

Mortgage-backed securities4

1,433,886

    37,495

   795,148

    41,546

    36,620

    89,160

    95,251

    77,482

    23,072

    13,606

    27,128

    55,681

   141,697

Unamortized premiums on securities held outright5

   207,412

     5,424

   115,019

     6,010

     5,297

    12,897

    13,778

    11,208

     3,337

     1,968

     3,924

     8,054

    20,496

Unamortized discounts on securities held outright5

    -9,766

      -255

    -5,416

      -283

      -249

      -607

      -649

      -528

      -157

       -93

      -185

      -379

      -965

Repurchase agreements6

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Loans

       166

         1

       100

         1

         0

         0

         4

        12

        10

        14

        16

         9

         0

Net portfolio holdings of Maiden

Lane LLC7

     1,517

         0

     1,517

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane II LLC8

        63

         0

        63

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of Maiden

Lane III LLC9

        22

         0

        22

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Net portfolio holdings of TALF LLC10

       110

         0

       110

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Items in process of collection

        86

         0

         0

         0

         0

         0

        85

         0

         0

         1

         0

         0

         0

Bank premises

     2,288

       121

       429

        72

       111

       229

       211

       203

       127

       100

       248

       232

       205

Central bank liquidity swaps11

       273

        13

        87

        21

        21

        57

        16

         8

         2

         1

         3

         4

        39

Foreign currency denominated assets12

    23,913

     1,175

     7,647

     1,849

     1,865

     5,021

     1,362

       682

       199

       100

       242

       379

     3,391

Other assets13

    19,124

       530

    10,119

       683

       493

     1,359

     1,273

     1,023

       347

       240

       380

       816

     1,861

Interdistrict settlement account

         0

-   31,043

+  272,524

-   17,172

-   18,179

-   37,398

-   57,225

-   57,647

-   17,717

-   15,417

-   27,352

-   36,858

+   43,485

Total assets

3,906,620

    71,851

2,428,362

    97,474

    83,282

   209,698

   203,168

   153,325

    45,257

    21,813

    46,808

   114,922

   430,660

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


9. Statement of Condition of Each Federal Reserve Bank, November 20, 2013 (continued)

Millions of dollars

Assets, liabilities, and capital

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas

Dallas

San

City

Francisco

Liabilities

Federal Reserve notes outstanding

1,430,989

    46,474

   528,948

    43,120

    59,915

   109,335

   172,654

    91,282

    35,834

    22,596

    37,597

   117,547

   165,686

Less: Notes held by F.R. Banks

   254,046

    11,149

    62,484

     7,474

     7,150

    11,321

    23,344

    19,227

     3,539

     9,975

    11,428

    54,828

    32,127

Federal Reserve notes, net

1,176,942

    35,325

   466,464

    35,645

    52,765

    98,013

   149,310

    72,055

    32,295

    12,622

    26,169

    62,719

   133,559

Reverse repurchase agreements14

   106,473

     2,784

    59,043

     3,085

     2,719

     6,621

     7,073

     5,753

     1,713

     1,010

     2,014

     4,135

    10,522

Deposits

2,559,256

    30,977

1,881,209

    54,210

    23,134

    92,852

    42,465

    73,533

    10,586

     7,692

    17,859

    46,820

   277,919

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

2,470,180

    30,973

1,792,410

    54,181

    23,130

    92,664

    42,454

    73,509

    10,586

     7,692

    17,857

    46,817

   277,907

U.S. Treasury, General Account

    47,871

         0

    47,871

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Foreign official

     8,735

         2

     8,707

         3

         3

         8

         2

         1

         0

         0

         0

         1

         6

Other

    32,470

         1

    32,221

        26

         0

       180

        10

        23

         0

         0

         1

         2

         6

Deferred availability cash items

       676

         0

         5

         0

         0

         0

       578

         0

         0

        92

         0

         0

         0

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

     1,596

        37

       925

        38

        32

        68

       112

        90

        27

        16

        33

        69

       151

Other liabilities and accrued
dividends16

     6,778

       226

     3,200

       275

       272

       672

       468

       375

       172

       148

       153

       270

       547

Total liabilities

3,851,721

    69,349

2,410,847

    93,253

    78,921

   198,226

   200,007

   151,806

    44,793

    21,581

    46,228

   114,012

   422,697

Capital

Capital paid in

    27,450

     1,251

     8,758

     2,110

     2,181

     5,736

     1,580

       759

       232

       116

       290

       455

     3,981

Surplus

    27,450

     1,251

     8,758

     2,110

     2,181

     5,736

     1,580

       759

       232

       116

       290

       455

     3,981

Other capital

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Total liabilities and capital

3,906,620

    71,851

2,428,362

    97,474

    83,282

   209,698

   203,168

   153,325

    45,257

    21,813

    46,808

   114,922

   430,660

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


9. Statement of Condition of Each Federal Reserve Bank, November 20, 2013 (continued)

1.

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

2.

Face value of the securities.

3.

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

4.

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

5.

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

6.

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

7.

Refer to table 4 and the note on consolidation below.

8.

Refer to table 5 and the note on consolidation below.

9.

Refer to table 6 and the note on consolidation below.

10.

Refer to table 7 and the note on consolidation below.

11.

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

12.

Revalued daily at current foreign currency exchange rates.

13.

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

14.

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

15.

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

16.

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

Note on consolidation:

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

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

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

Millions of dollars

Federal Reserve notes and collateral

Wednesday

Nov 20, 2013

Federal Reserve notes outstanding

1,430,989

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

   254,046

Federal Reserve notes to be collateralized

1,176,942

Collateral held against Federal Reserve notes

1,176,942

Gold certificate account

    11,037

Special drawing rights certificate account

     5,200

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

1,160,705

Other assets pledged

         0

Memo:

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

3,643,215

Less: Face value of securities under reverse repurchase agreements

    95,872

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

3,547,343

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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