FEDERAL RESERVE Statistical Release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks August 30, 2007 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Averages of daily figures Reserve Bank credit, related items, and Week ended Change from week ended Wednesday reserve balances of depository institutions at Aug 29, 2007 Aug 22, 2007 Aug 30, 2006 Aug 29, 2007 Federal Reserve Banks Reserve Bank Credit 849,988 - 1,708 + 21,262 859,211 Securities held outright 784,630 - 4,983 + 19,232 784,637 U.S. Treasury (1) 784,630 - 4,983 + 19,232 784,637 Bills (2) 272,019 - 5,000 - 5,000 272,019 Notes and bonds, nominal (2) 472,142 0 + 13,782 472,142 Notes and bonds, inflation-indexed (2) 35,753 0 + 9,734 35,753 Inflation compensation (3) 4,717 + 18 + 716 4,723 Federal agency (2) 0 0 0 0 Repurchase agreements(4) 24,571 + 1,964 + 178 33,750 Loans to depository institutions 1,577 + 36 + 1,165 1,357 Primary credit 1,315 + 115 + 1,263 1,101 Secondary credit 0 - 85 0 0 Seasonal credit 262 + 6 - 99 257 Float 7 + 762 + 229 33 Other Federal Reserve assets 39,203 + 513 + 457 39,434 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding (5) 38,633 + 14 + 608 38,633 Total factors supplying reserve funds 901,862 - 1,694 + 21,870 911,086 Currency in circulation(5) 809,918 - 1,166 + 16,380 812,481 Reverse repurchase agreements (6) 30,888 - 463 + 5,120 31,210 Foreign official and international accounts 30,888 - 463 + 5,120 31,210 Dealers 0 0 0 0 Treasury cash holdings 309 + 29 + 139 329 Deposits with F.R.Banks, other than reserve balances 12,289 + 55 - 140 12,122 U.S. Treasury, general account 5,089 + 247 - 6 4,924 Foreign official 95 - 4 + 5 95 Service-related 6,853 - 5 - 127 6,853 Required clearing balances 6,853 - 2 - 127 6,853 Adjustments to compensate for float 0 - 3 0 0 Other 252 - 182 - 11 250 Other liabilities and capital 40,717 + 274 + 5,075 40,291 Total factors, other than reserve balances, absorbing reserve funds 894,122 - 1,270 + 26,575 896,434 Reserve balances with Federal Reserve Banks 7,741 - 423 - 4,704 14,652 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts(2,7) 1,979,353 - 7,058 + 300,473 1,982,579 U.S. Treasury 1,205,372 - 13,458 + 61,554 1,206,794 Federal agency 773,981 + 6,399 + 238,919 775,785 Securities lent to dealers 5,268 + 187 + 999 8,567 Note: Components may not sum to totals because of rounding. 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5 Estimated. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities. 7 Includes U.S. Treasury STRIPS and other zero coupon bonds at face value. Sources: Federal Reserve Banks and the U.S. Department of the Treasury. 2. Consolidated Statement of Condition of All Federal Reserve Banks Millions of Dollars Eliminations Change Since from Wednesday Wednesday Wednesday Assets, liabilities, and capital consolidation Aug 29, 2007 Aug 22, 2007 Aug 30, 2006 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 2,200 0 0 Coin 1,014 - 3 + 233 Securities, repurchase agreements, and loans 819,744 + 8,863 + 22,064 Securities held outright 784,637 - 4,982 + 17,899 U.S. Treasury (1) 784,637 - 4,982 + 17,899 Bills (2) 272,019 - 5,000 - 5,000 Notes and bonds, nominal (2) 472,142 0 + 12,447 Notes and bonds, inflation-indexed (2) 35,753 0 + 9,734 Inflation compensation (3) 4,723 + 17 + 717 Federal agency (2) 0 0 0 Repurchase agreements (4) 33,750 + 14,750 + 3,500 Loans 1,357 - 905 + 664 Items in process of collection (716) 3,255 + 600 - 805 Bank premises 2,071 + 3 + 194 Other assets (5) 37,450 + 555 + 279 Total assets (716) 876,771 + 10,018 + 21,965 Liabilities Federal Reserve notes net of FR Bank holdings 775,186 + 646 + 15,180 Reverse repurchase agreements (6) 31,210 + 1,254 + 5,126 Deposits (0) 26,861 + 8,092 - 1,970 Depository institutions 21,592 + 8,510 - 1,976 U.S. Treasury, general account 4,924 - 405 + 5 Foreign official 95 0 + 6 Other (0) 250 - 13 - 5 Deferred availability cash items (716) 3,222 + 34 - 1,240 Other liabilities and accrued dividends (7) 6,006 - 24 + 676 Total liabilities (716) 842,486 + 10,003 + 17,772 Capital Accounts Capital paid in 16,847 + 6 + 1,787 Surplus 15,423 + 11 + 2,522 Other capital accounts 2,015 - 1 - 116 Total capital 34,285 + 15 + 4,193 Note: Components may not sum to totals because of rounding. 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites. 5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 6 Cash value of agreements, which are collateralized by U.S. Treasury securities. 7 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 3. Maturity Distribution of Loans and Securities, August 29, 2007 Millions of dollars U.S. Treasury Federal agency Reverse Maturity Loans securities (1) securities Repurchase repurchase Weekly Weekly agreements(2)agreements(2) Holdings changes Holdings changes Within 15 days 257 57,974 - 686 0 0 33,750 31,210 16 days to 90 days 1,100 156,116 - 5,490 0 0 0 0 91 days to 1 year 0 174,430 + 1,176 0 0 ------ ------ Over 1 to 5 years ------ 234,428 + 7 0 0 ------ ------ Over 5 to 10 years ------ 75,489 + 3 0 0 ------ ------ Over 10 years ------ 86,200 + 8 0 0 ------ ------ All 1,357 784,637 - 4,982 0 0 33,750 31,210 Note: Components may not sum to totals because of rounding. --- Not applicable. 1 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. 2 Cash value of agreements classified by remaining maturity of the agreements. 4. Statement of Condition of Each Federal Reserve Bank on August 29, 2007 Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco Assets Gold certificate account 11,037 449 4,053 455 428 869 1,117 903 326 203 335 613 1,286 Special drawing rights certificate acct. 2,200 115 874 83 104 147 166 212 71 30 66 98 234 Coin 1,014 26 56 67 95 108 138 120 46 37 76 111 134 Securities, repurchase agreements, and loans 819,744 37,716 296,886 36,214 33,491 71,457 75,909 68,689 26,220 16,400 26,532 35,968 94,262 Securities held outright 784,637 36,161 284,115 34,713 32,110 67,983 72,773 65,813 25,078 15,655 25,399 34,474 90,364 U.S. Treasury (1) 784,637 36,161 284,115 34,713 32,110 67,983 72,773 65,813 25,078 15,655 25,399 34,474 90,364 Bills (2) 272,019 12,536 98,497 12,034 11,132 23,568 25,229 22,816 8,694 5,427 8,805 11,952 31,327 Notes and bonds(3) 512,618 23,624 185,618 22,678 20,978 44,414 47,544 42,997 16,384 10,228 16,594 22,523 59,036 Federal agency (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements(4) 33,750 1,555 12,221 1,493 1,381 2,924 3,130 2,831 1,079 673 1,093 1,483 3,887 Loans 1,357 0 550 8 0 550 5 46 64 72 40 11 12 Items in process of collection 3,971 153 64 416 341 208 318 848 92 221 291 232 788 Bank premises 2,071 119 218 57 155 175 230 207 100 114 234 260 203 Other assets(5) 37,450 1,233 11,527 3,309 2,170 7,129 3,179 2,410 718 699 726 955 3,393 Interdistrict settlement account 0 - 4,589 + 7,993 - 888 - 1,510 + 2,131 + 5,023 - 1,307 - 236 - 1,659 + 642 - 2,716 - 2,885 Total Assets 877,487 35,222 321,671 39,713 35,274 82,223 86,079 72,082 27,336 16,046 28,903 35,522 97,416 Note: Components may not sum to totals because of rounding. 1 Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities. 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 Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 5 Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 4. Statement of Condition of Each Federal Reserve Bank on August 29, 2007 Millions of dollars Kansas San Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco Liabilities Federal Reserve notes outstanding 994,749 37,329 356,820 41,156 38,189 81,475 110,818 80,201 29,326 17,304 30,293 57,858 113,980 Less: notes held by F.R. Banks 219,562 5,656 71,216 7,813 8,978 15,137 32,606 14,664 3,991 3,234 3,713 25,681 26,874 Federal Reserve notes, net 775,186 31,673 285,603 33,343 29,211 66,337 78,212 65,536 25,335 14,070 26,581 32,177 87,107 Reverse repurchase agreements (1) 31,210 1,438 11,301 1,381 1,277 2,704 2,895 2,618 998 623 1,010 1,371 3,594 Deposits 26,861 828 13,761 489 1,608 2,872 1,467 1,241 331 240 481 737 2,807 Depository institutions 21,592 825 8,603 484 1,604 2,786 1,463 1,238 330 239 479 737 2,804 U.S. Treasury, general account 4,924 0 4,924 0 0 0 0 0 0 0 0 0 0 Foreign official 95 1 65 5 3 11 3 2 0 1 0 1 3 Other 250 2 169 0 1 76 0 1 1 0 1 0 0 Deferred availability cash items 3,938 204 82 563 596 254 366 347 80 252 225 348 621 Other liabilities and accrued dividends (2) 6,006 262 1,834 278 276 854 562 483 221 157 207 284 587 Total liabilities 843,201 34,405 312,580 36,053 32,970 73,021 83,501 70,226 26,965 15,341 28,504 34,917 94,717 Capital Capital paid in 16,847 388 4,406 1,808 1,136 4,676 1,229 897 176 350 189 287 1,306 Surplus 15,423 396 3,816 1,811 1,087 4,097 1,277 860 167 276 176 214 1,248 Other capital 2,015 34 869 41 82 429 71 99 29 78 34 103 145 Total liabilities and capital 877,487 35,222 321,671 39,713 35,274 82,223 86,079 72,082 27,336 16,046 28,903 35,522 97,416 Note: Components may not sum to totals because of rounding. 1 Cash value of agreements, which are collateralized by U.S. Treasury securities. 2 Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments. 5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Federal Reserve notes and collateral Wednesday Aug 29, 2007 Federal Reserve notes outstanding 994,749 Less: Notes held by F.R. Banks not subject to collateralization 219,562 Federal Reserve Notes to be collateralized 775,186 Collateral held against Federal Reserve notes 775,186 Gold certificate account 11,037 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged (1) 761,949 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities (1) 818,387 Less:face value of securities under reverse repurchase agreements 31,249 U.S. Treasury and agency securities eligible to be pledged 787,137 Note: Components may not sum to totals because of rounding. 1 Includes face value of U.S. Treasury and agency 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.