FEDERAL RESERVE Statistical Release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks October 11, 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 Oct 10, 2007 Oct 3, 2007 Oct 11, 2006 Oct 10, 2007 Federal Reserve Banks Reserve Bank Credit 858,315 - 3,268 + 26,841 870,510 Securities held outright 779,613 - 17 + 10,672 779,608 U.S. Treasury (1) 779,613 - 17 + 10,672 779,608 Bills (2) 267,019 0 - 10,000 267,019 Notes and bonds, nominal (2) 472,142 0 + 10,351 472,142 Notes and bonds, inflation-indexed (2) 35,753 0 + 9,734 35,753 Inflation compensation (3) 4,699 - 17 + 586 4,694 Federal agency (2) 0 0 0 0 Repurchase agreements(4) 38,071 - 3,822 + 15,821 50,000 Loans to depository institutions 257 + 55 + 11 173 Primary credit 113 + 86 + 108 40 Secondary credit 0 0 0 0 Seasonal credit 144 - 31 - 98 133 Float -515 + 532 - 561 -283 Other Federal Reserve assets 40,889 - 16 + 899 41,012 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 2,200 0 0 2,200 Treasury currency outstanding (5) 38,665 + 14 + 569 38,665 Total factors supplying reserve funds 910,221 - 3,253 + 27,410 922,416 Currency in circulation(5) 816,164 + 4,375 + 20,392 816,937 Reverse repurchase agreements (6) 34,349 - 893 + 4,374 34,424 Foreign official and international accounts 34,349 - 893 + 4,374 34,424 Dealers 0 0 0 0 Treasury cash holdings 340 + 3 + 185 337 Deposits with F.R.Banks, other than reserve balances 11,308 - 973 - 1,257 11,262 U.S. Treasury, general account 4,379 - 1,051 - 795 4,166 Foreign official 97 - 6 + 7 97 Service-related 6,470 + 1 - 522 6,470 Required clearing balances 6,470 + 1 - 522 6,470 Adjustments to compensate for float 0 0 0 0 Other 362 + 84 + 52 529 Other liabilities and capital 41,121 - 230 + 5,073 40,807 Total factors, other than reserve balances, absorbing reserve funds 903,282 + 2,283 + 28,766 903,767 Reserve balances with Federal Reserve Banks 6,939 - 5,536 - 1,356 18,649 Memo (off-balance-sheet items): Marketable securities held in custody for foreign official and international accounts(2,7) 2,003,863 + 5,454 + 316,675 2,012,029 U.S. Treasury 1,221,835 + 7,703 + 75,491 1,226,787 Federal agency 782,028 - 2,249 + 241,183 785,241 Securities lent to dealers 3,056 - 673 + 1,890 5,743 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 Oct 10, 2007 Oct 3, 2007 Oct 11, 2006 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 2,200 0 0 Coin 1,143 + 23 + 307 Securities, repurchase agreements, and loans 829,781 + 14,728 + 32,352 Securities held outright 779,608 - 16 + 10,663 U.S. Treasury (1) 779,608 - 16 + 10,663 Bills (2) 267,019 0 - 10,000 Notes and bonds, nominal (2) 472,142 0 + 10,351 Notes and bonds, inflation-indexed (2) 35,753 0 + 9,734 Inflation compensation (3) 4,694 - 17 + 577 Federal agency (2) 0 0 0 Repurchase agreements (4) 50,000 + 14,750 + 21,750 Loans 173 - 6 - 61 Items in process of collection (1,697) 4,671 + 1,993 - 7,145 Bank premises 2,103 0 + 202 Other assets (5) 39,086 + 510 + 984 Total assets (1,697) 890,021 + 17,255 + 26,701 Liabilities Federal Reserve notes net of FR Bank holdings 779,748 + 2,343 + 20,387 Reverse repurchase agreements (6) 34,424 - 118 + 3,810 Deposits (0) 30,329 + 13,536 - 561 Depository institutions 25,538 + 14,794 - 870 U.S. Treasury, general account 4,166 - 1,479 + 63 Foreign official 97 - 1 + 7 Other (0) 529 + 223 + 241 Deferred availability cash items (1,697) 4,713 + 1,376 - 2,110 Other liabilities and accrued dividends (7) 6,008 + 4 + 495 Total liabilities (1,697) 855,223 + 17,143 + 22,023 Capital Accounts Capital paid in 17,291 + 1 + 2,214 Surplus 15,438 0 + 2,537 Other capital accounts 2,070 + 112 - 72 Total capital 34,799 + 113 + 4,679 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, October 10, 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 62 46,555 + 41 0 0 50,000 34,424 16 days to 90 days 111 165,644 + 709 0 0 0 0 91 days to 1 year 0 168,432 - 751 0 0 ------ ------ Over 1 to 5 years ------ 237,305 - 6 0 0 ------ ------ Over 5 to 10 years ------ 75,484 - 3 0 0 ------ ------ Over 10 years ------ 86,188 - 7 0 0 ------ ------ All 173 779,608 - 16 0 0 50,000 34,424 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 October 10, 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 1,143 39 62 81 103 122 162 129 48 40 82 120 155 Securities, repurchase agreements, and loans 829,781 38,233 300,399 36,709 33,950 71,879 76,945 69,611 26,540 16,592 26,882 36,458 95,582 Securities held outright 779,608 35,929 282,294 34,490 31,904 67,547 72,307 65,391 24,917 15,555 25,237 34,253 89,784 U.S. Treasury (1) 779,608 35,929 282,294 34,490 31,904 67,547 72,307 65,391 24,917 15,555 25,237 34,253 89,784 Bills (2) 267,019 12,306 96,687 11,813 10,927 23,135 24,765 22,397 8,534 5,328 8,644 11,732 30,752 Notes and bonds(3) 512,589 23,623 185,607 22,677 20,977 44,412 47,541 42,994 16,383 10,227 16,593 22,521 59,033 Federal agency (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Repurchase agreements(4) 50,000 2,304 18,105 2,212 2,046 4,332 4,637 4,194 1,598 998 1,619 2,197 5,758 Loans 173 0 0 7 0 0 1 26 25 39 27 8 39 Items in process of collection 6,369 289 258 814 819 364 569 461 302 328 455 617 1,093 Bank premises 2,103 119 217 62 154 177 230 206 104 113 254 259 209 Other assets(5) 39,086 1,300 12,072 3,304 2,249 7,358 3,415 2,533 779 729 772 1,013 3,563 Interdistrict settlement account 0 - 4,015 + 7,542 - 1,289 - 2,083 + 8,685 + 1,711 - 998 - 740 - 1,624 + 115 - 3,890 - 3,413 Total Assets 891,719 36,529 325,476 40,218 35,724 89,602 84,315 73,056 27,430 16,412 28,960 35,288 98,709 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 October 10, 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 1,001,525 37,711 364,516 40,709 38,111 81,685 111,465 79,978 29,145 17,154 30,171 57,504 113,375 Less: notes held by F.R. Banks 221,777 5,829 72,113 7,861 8,432 14,786 35,334 14,309 4,018 3,104 3,735 25,781 26,474 Federal Reserve notes, net 779,748 31,882 292,403 32,848 29,679 66,898 76,131 65,669 25,127 14,050 26,437 31,723 86,900 Reverse repurchase agreements (1) 34,424 1,586 12,465 1,523 1,409 2,983 3,193 2,887 1,100 687 1,114 1,512 3,964 Deposits 30,329 881 9,749 1,126 1,346 8,960 1,218 1,535 386 406 446 724 3,553 Depository institutions 25,538 866 5,142 1,121 1,342 8,829 1,215 1,533 383 405 430 723 3,549 U.S. Treasury, general account 4,166 0 4,166 0 0 0 0 0 0 0 0 0 0 Foreign official 97 1 66 5 3 11 3 2 0 1 0 1 3 Other 529 14 375 1 1 120 0 0 2 0 15 0 0 Deferred availability cash items 6,410 360 261 792 809 489 684 617 215 388 349 428 1,021 Other liabilities and accrued dividends (2) 6,008 266 1,778 281 275 905 574 476 224 163 212 278 577 Total liabilities 856,920 34,976 316,656 36,571 33,517 80,234 81,800 71,184 27,052 15,694 28,558 34,666 96,015 Capital Capital paid in 17,291 973 4,289 1,810 1,089 4,661 1,229 910 179 353 190 297 1,310 Surplus 15,438 396 3,827 1,811 1,087 4,098 1,278 860 167 276 176 214 1,248 Other capital 2,070 184 705 27 31 609 8 102 33 89 37 111 136 Total liabilities and capital 891,719 36,529 325,476 40,218 35,724 89,602 84,315 73,056 27,430 16,412 28,960 35,288 98,709 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 Oct 10, 2007 Federal Reserve notes outstanding 1,001,525 Less: Notes held by F.R. Banks not subject to collateralization 221,777 Federal Reserve Notes to be collateralized 779,748 Collateral held against Federal Reserve notes 779,748 Gold certificate account 11,037 Special drawing rights certificate account 2,200 U.S. Treasury and agency securities pledged (1) 766,511 Other assets pledged 0 Memo: Total U.S. Treasury and agency securities (1) 829,608 Less:face value of securities under reverse repurchase agreements 34,467 U.S. Treasury and agency securities eligible to be pledged 795,140 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.