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Release Date: November 17, 2016
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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                                                November 17, 2016


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  Nov 16, 2016 
Federal Reserve Banks                                     Nov 16, 2016  Nov 9, 2016 Nov 18, 2015              

Reserve Bank credit                                         4,419,787   +    5,059   -   40,694    4,414,762  
  Securities held outright (1)                              4,224,813   +    6,843   -   26,300    4,230,006  
    U.S. Treasury securities                                2,463,701   +       72   +    2,010    2,463,722  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,340,674            0   -    5,965    2,340,674  
      Notes and bonds, inflation-indexed (2)                  105,526            0   +    6,992      105,526  
      Inflation compensation (3)                               17,501   +       72   +      983       17,522  
    Federal agency debt securities (2)                         18,493            0   -   15,310       18,493  
    Mortgage-backed securities (4)                          1,742,619   +    6,771   -   13,000    1,747,791  
  Unamortized premiums on securities held outright (5)        175,414   -       89   -   16,607      175,535  
  Unamortized discounts on securities held outright (5)       -15,248   +       26   +    1,538      -15,258  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            46   +       18   -       59           28  
    Primary credit                                                 18   +       17   +       14            5  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                27            0   -       74           24  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,708            0   -        5        1,708  
  Float                                                          -397   -       41   -      606         -446  
  Central bank liquidity swaps (8)                                971   -       29   +      822          971  
  Other Federal Reserve assets (9)                             32,480   -    1,669   +      523       22,216  
Foreign currency denominated assets (10)                       20,523   -      569   +    1,240       20,245  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,309   +       14   +      809       48,309  
                                                                                                              
Total factors supplying reserve funds                       4,504,860   +    4,504   -   38,645    4,499,557  

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  Nov 16, 2016 
Federal Reserve Banks                                     Nov 16, 2016  Nov 9, 2016 Nov 18, 2015              

Currency in circulation (11)                                 1,490,723   +    4,450   +   85,631    1,490,818 
Reverse repurchase agreements (12)                             338,045   -   32,143   +   68,753      355,349 
  Foreign official and international accounts                  238,119   +    2,929   +   44,480      239,305 
  Others                                                        99,926   -   35,072   +   24,273      116,044 
Treasury cash holdings                                             193   +        7   -       60          182 
Deposits with F.R. Banks, other than reserve balances          461,046   +   41,222   +  293,399      430,070 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               400,625   +   24,408   +  267,604      375,908 
  Foreign official                                               5,167   -       67   +      461        5,167 
  Other (13)                                                    55,255   +   16,883   +   25,336       48,996 
Other liabilities and capital (14)                              47,086   -    1,129   -   19,999       45,553 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,337,094   +   12,409   +  427,727    2,321,972 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,167,766   -    7,904   -  466,371    2,177,585 

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.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  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.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
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. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
14. Includes the liability for earnings remittances due to the 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  Nov 16, 2016 
                                                          Nov 16, 2016  Nov 9, 2016 Nov 18, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,119,385   +    8,009   -  188,519    3,122,008 
  Marketable U.S. Treasury securities (1)                    2,799,085   +    8,100   -  188,255    2,802,625 
  Federal agency debt and mortgage-backed securities (2)       259,660   -      201   -   14,972      259,160 
  Other securities (3)                                          60,640   +      110   +   14,709       60,223 
Securities lent to dealers                                      22,666   +    2,204   +    7,778       26,527 
  Overnight facility (4)                                        22,666   +    2,204   +    7,778       26,527 
    U.S. Treasury securities                                    22,635   +    2,199   +    7,804       26,495 
    Federal agency debt securities                                  31   +        5   -       26           32 

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, November 16, 2016   

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                                           28             0             0             0             0           ...            28 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                  10,537        22,156       159,283     1,243,286       384,699       643,762     2,463,722 
  Weekly changes                        -    3,036    -   10,535    +   11,044    +   44,712    -   50,478    +    8,362    +       68 
Federal agency debt securities (2)                                                                                                     
  Holdings                                       0         3,664         8,072         4,410             0         2,347        18,493 
  Weekly changes                                 0    +    1,351    -    1,351             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,579        11,130     1,735,082     1,747,791 
  Weekly changes                                 0             0             0    -        3    -       68    +   12,014    +   11,943 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)               971             0             0             0             0             0           971 
                                                                                                                                       
Reverse repurchase agreements (4)          355,349             0           ...           ...           ...           ...       355,349 
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   
                                                                                                                      Nov 16, 2016  

Mortgage-backed securities held outright (1)                                                                             1,747,791  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           40,513  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                   59  



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   
                                                                                                                      Nov 16, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,708  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of September 30, 2016. 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       Nov 16, 2016   Wednesday    Wednesday  
                                                        consolidation                 Nov 9, 2016 Nov 18, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,866   -       12   -       23  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,390,312   +   12,146   -   32,979  
    Securities held outright (1)                                          4,230,006   +   12,011   -   18,117  
      U.S. Treasury securities                                            2,463,722   +       68   +    2,046  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,340,674            0   -    5,965  
        Notes and bonds, inflation-indexed (2)                              105,526            0   +    6,992  
        Inflation compensation (3)                                           17,522   +       68   +    1,019  
      Federal agency debt securities (2)                                     18,493            0   -   14,451  
      Mortgage-backed securities (4)                                      1,747,791   +   11,943   -    5,712  
    Unamortized premiums on securities held outright  
    (5)                                                                     175,535   +      133   -   16,301  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,258   +        5   +    1,514  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        28   -        4   -       76  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,708            0   -        5  
  Items in process of collection                                   (0)           77   -       28   -      375  
  Bank premises                                                               2,204   +        4   -       28  
  Central bank liquidity swaps (8)                                              971   -       29   +      821  
  Foreign currency denominated assets (9)                                    20,245   -      630   +    1,057  
  Other assets (10)                                                          20,013   -   12,905   -    1,555  
                                                                                                               
Total assets                                                       (0)    4,453,633   -    1,454   -   33,088  

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       Nov 16, 2016   Wednesday    Wednesday  
                                                        consolidation                 Nov 9, 2016 Nov 18, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,444,552   +    1,168   +   84,604 
  Reverse repurchase agreements (11)                                         355,349   -    8,000   +   41,619 
  Deposits                                                          (0)    2,607,655   +    6,936   -  139,709 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,177,585   -   12,497   -  434,381 
    U.S. Treasury, General Account                                           375,908   +   10,454   +  263,414 
    Foreign official                                                           5,167   -      350   +      462 
    Other (12)                                                      (0)       48,996   +    9,330   +   30,797 
  Deferred availability cash items                                  (0)          523   -      120   +      102 
  Other liabilities and accrued dividends (13)                                 5,285   -    1,461   -    1,315 
                                                                                                               
Total liabilities                                                   (0)    4,413,364   -    1,477   -   14,699 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,268   +       22   +      939 
  Surplus                                                                     10,000            0   -   19,329 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,268   +       22   -   18,390 

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.  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.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, November 16, 2016
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         355       3,588          359         586         760       1,541         753         360         193         296         875       1,371
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,866          48          70          162         130         302         182         280          29          52         121         183         309
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,390,312     107,848   2,498,366      119,206     131,482     268,307     245,726     174,933      55,409      32,375      61,106     156,277     539,278
    Securities held outright (1)               4,230,006     103,911   2,407,157      114,854     126,682     258,511     236,750     168,544      53,386      31,186      58,871     150,566     519,588
      U.S. Treasury securities                 2,463,722      60,522   1,402,023       66,895      73,784     150,567     137,893      98,167      31,094      18,164      34,289      87,696     302,629
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,722      60,522   1,402,023       66,895      73,784     150,567     137,893      98,167      31,094      18,164      34,289      87,696     302,629
      Federal agency debt securities (2)          18,493         454      10,524          502         554       1,130       1,035         737         233         136         257         658       2,272
      Mortgage-backed securities (4)           1,747,791      42,935     994,610       47,456      52,343     106,814      97,822      69,641      22,059      12,886      24,325      62,212     214,688
    Unamortized premiums on securities held 
      outright (5)                               175,535       4,312      99,891        4,766       5,257      10,728       9,825       6,994       2,215       1,294       2,443       6,248      21,562
    Unamortized discounts on securities     
      held outright (5)                          -15,258        -375      -8,683         -414        -457        -932        -854        -608        -193        -112        -212        -543      -1,874
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             28           0           0            0           0           0           5           3           0           7           5           6           2
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,708           0       1,708            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                      77           0           0            0           0           0          76           0           0           0           0           0           0
  Bank premises                                    2,204         118         433           72         105         205         206         201         114          90         239         224         196
  Central bank liquidity swaps (8)                   971          43         320           53          74         217          54          26          10           4          10          12         148
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,245         895       6,681        1,114       1,542       4,515       1,124         543         208          87         202         257       3,080
  Other assets (10)                               20,013         534      10,908          549         605       1,383       1,132         799         345         175         336         780       2,465
  Interdistrict settlement account                     0  -   16,640  -   39,886   -    7,360  -    6,385  -    7,836  +   10,598  +    5,601  +    4,062  +    2,701  +    2,090  +   21,873  +   31,182
                                                                                                                                                                                                         
Total assets                                   4,453,633      93,397   2,484,006      114,365     128,376     268,263     261,293     183,560      60,687      35,767      64,554     180,763     578,601

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, November 16, 2016 (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            1,623,468      50,419     528,115      51,739      80,388     113,704     224,013     109,419      49,831      28,233      43,827     134,333     209,448
    Less: Notes held by F.R. Banks               178,916       6,083      46,072       6,543       9,327      14,066      27,684      11,847       5,680       3,287       5,697      16,021      26,610
      Federal Reserve notes, net               1,444,552      44,336     482,044      45,196      71,061      99,638     196,328      97,572      44,151      24,946      38,130     118,312     182,839
  Reverse repurchase agreements (11)             355,349       8,729     202,218       9,649      10,642      21,717      19,889      14,159       4,485       2,620       4,946      12,649      43,649
  Deposits                                     2,607,655      38,402   1,784,460      57,126      43,221     137,588      42,357      70,022      11,459       7,447      20,937      49,018     345,618
    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                           2,177,585      38,396   1,366,681      57,124      43,218     137,326      42,347      58,047      11,443       7,447      20,935      49,017     345,604
    U.S. Treasury, General Account               375,908           0     375,908           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,167           2       5,140           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    48,996           5      36,731           0           0         253           7      11,974          16           0           1           1           8
  Deferred availability cash items                   523           0           0           0           0           0          89           0           0         434           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,102          13         763          10           8          -8          65          51          15           9          16          54         105
  Other liabilities and accrued             
     dividends                                     4,183         166       1,482         197         205         527         332         260         142         141         130         215         386
                                                                                                                                                                                                        
Total liabilities                              4,413,364      91,647   2,470,967     112,178     125,137     259,462     259,060     182,064      60,251      35,596      64,158     180,248     572,597
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,268       1,308       9,741       1,637       2,477       6,571       1,677       1,228         333         128         296         389       4,483
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,453,633      93,397   2,484,006     114,365     128,376     268,263     261,293     183,560      60,687      35,767      64,554     180,763     578,601

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, November 16, 2016 (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.  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.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain         
    deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                   
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML 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. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML 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 extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, 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   
                                                                                          Nov 16, 2016  

Federal Reserve notes outstanding                                                            1,623,468  
  Less: Notes held by F.R. Banks not subject to collateralization                              178,916  
    Federal Reserve notes to be collateralized                                               1,444,552  
Collateral held against Federal Reserve notes                                                1,444,552  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,428,316  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,230,006  
  Less: Face value of securities under reverse repurchase agreements                           339,960  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,890,046  

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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