Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: November 2, 2006
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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 2, 2006
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            Nov 1, 2006 Oct 25, 2006  Nov 2, 2005  Nov 1, 2006
Federal Reserve Banks

Reserve Bank Credit                                         833,424    +   2,624    +  31,539      840,647
 Securities held outright                                   768,651    +   1,238    +  28,126      769,918       
    U.S. Treasury (1)                                       768,651    +   1,238    +  28,126      769,918
       Bills (2)                                            277,019            0    +   6,308      277,019
       Notes and bonds, nominal (2)                         459,397    +     586    +  12,605      459,065
       Notes and bonds, inflation-indexed (2)                28,053    +     623    +   8,070       29,611
       Inflation compensation (3)                             4,182    +      30    +   1,144        4,223
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    22,429    -     464    +   1,893       25,000
 Loans to depository institutions                               172    -       2    +      18          197
    Primary credit                                               21    +      12    +      16           58
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             152    -      13    +       4          139
 Float                                                        1,232    +   1,640    +     863        4,795
 Other Federal Reserve assets                                40,940    +     212    +     638       40,738
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,140    +      14    +   1,711       38,140
       
Total factors supplying reserve funds                       884,805    +   2,638    +  33,250      892,029
                                                                   
Currency in circulation(5)                                  794,745    +     593    +  26,344      797,209
Reverse repurchase agreements (6)                            31,958    +   1,237    +   6,611       31,186
   Foreign official and international accounts               31,958    +   1,237    +   6,611       31,186
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          181    +       1    -      32          191
Deposits with F.R.Banks, other than reserve balances         12,304    -     167    -   1,872       12,353       
  U.S. Treasury, general account                              4,982    -     196    +       1        5,007
  Foreign official                                               89            0    -      16           91
  Service-related                                             6,932    +      18    -   1,849        6,932
     Required clearing balances                               6,932    +      18    -   1,849        6,932
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         300    +      10    -       8          323
Other liabilities and capital                                36,688    +     271    +   4,816       36,261

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  875,877    +   1,937    +  35,869      877,200

Reserve balances with Federal Reserve Banks                   8,928    +     701    -   2,619       14,829
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,693,958    +   8,328    + 216,132    1,694,425
     U.S. Treasury                                        1,145,474    +   3,938    +  58,997    1,144,760
     Federal agency                                         548,485    +   4,391    + 157,135      549,666
  Securities lent to dealers                                  1,060    -     603    -   2,063        1,859   


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  Nov 1, 2006     Oct 25, 2006      Nov 2, 2005

Assets
Gold certificate account                                        11,037                0        +       1
Special drawing rights certificate account                       2,200                0                0
Coin                                                               834        +       3        +     107
Securities, repurchase agreements, and loans                   795,114        -   3,479        +  39,872
   Securities held outright                                    769,918        +   1,496        +  29,304
      U.S. Treasury (1)                                        769,918        +   1,496        +  29,304       
         Bills (2)                                             277,019                0        +   6,238
         Notes and bonds, nominal (2)                          459,065        -     750        +  12,273
         Notes and bonds, inflation-indexed (2)                 29,611        +   2,181        +   9,628
         Inflation compensation (3)                              4,223        +      66        +   1,166
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    25,000        -   5,000        +  10,500    
   Loans                                                           197        +      25        +      68
Items in process of collection                    (1,656)        9,615        +   6,239        +   1,765
Bank premises                                                    1,912        +      10        +      69
Other assets (5)                                                38,836        +     155        +     632
      Total assets                                (1,656)      859,548        +   2,928        +  42,446
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  760,089        +   1,620        +  25,566
Reverse repurchase agreements (6)                               31,186        +      35        +   6,247
Deposits                                              (0)       27,192        +     456        +   8,458       
  Depository institutions                                       21,771        +     765        +   7,958
  U.S. Treasury, general account                                 5,007        -     339        +     508
  Foreign official                                                  91        +       1        -      15
  Other                                               (0)          323        +      30        +       7
Deferred availability cash items                  (1,656)        4,820        +     585        -   2,649
Other liabilities and accrued dividends (7)                      5,561        +      31        +   1,530
      Total liabilities                           (1,656)      828,849        +   2,728        +  39,153
                          
Capital Accounts
Capital paid in                                                 15,113        +      14        +   1,658
Surplus                                                         12,901                0        +   1,271
Other capital accounts                                           2,686        +     187        +     364
      Total capital                                             30,700        +     200        +   3,294


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,   November 1, 2006
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              66       60,074   +   2,329            0           0       25,000       31,186
16 days to 90 days         131      154,842   -   9,154            0           0            0            0
91 days to 1 year            0      193,350   +   7,165            0           0     ------      ------
Over 1 to 5 years     ------        218,327   +   1,151            0           0     ------      ------
Over 5 to 10 years    ------         61,746   +       1            0           0     ------      ------
Over 10 years         ------         81,578   +       3            0           0     ------      ------
                   		 	
All                        197      769,918   +   1,496            0           0       25,000      31,186

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   November 1, 2006
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        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             834         23         46         61         77         80        106         96         38         30         62         81        134
Securities, repurchase agreements,
      and loans                              795,114     36,739    309,967     33,427     33,245     63,957     64,462     70,763     24,463     15,689     22,587     34,556     85,260
   Securities held outright                  769,918     36,739    284,967     33,427     33,245     63,957     64,455     70,694     24,462     15,652     22,545     34,553     85,222
      U.S. Treasury (1)                      769,918     36,739    284,967     33,427     33,245     63,957     64,455     70,694     24,462     15,652     22,545     34,553     85,222
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  492,899     23,520    182,435     21,400     21,283     40,945     41,264     45,258     15,660     10,020     14,433     22,121     54,559
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                25,000          0     25,000          0          0          0          0          0          0          0          0          0          0
      Loans                                      197          0          0          0          0          0          7         69          1         38         42          3         37
Items in process of collection                11,271        368        180        848      4,524        445      1,471        609        292        242        731        509      1,052
Bank premises                                  1,912        115        207         57        157        162        231        209         75        116        146        259        177
Other assets(5)                               38,836      1,239     14,028      1,837      2,302      6,961      2,746      2,767        766        710        733        964      3,782
Interdistrict settlement account                   0    - 1,436    - 3,050    +   811    - 5,817    + 6,048    + 6,835    - 6,617    -   344    +   230    + 2,253    - 2,376    + 3,464
          Total Assets                       861,204     37,648    326,391     37,588     35,038     78,652     77,041     68,985     25,690     17,259     26,901     34,666     95,344

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   November 1, 2006
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             941,405     37,866    345,580     38,848     36,917     75,288     95,404     77,510     27,339     17,504     28,435     50,642    110,071
  Less: notes held by F.R. Banks              181,315      4,017     53,449      7,634      7,097     12,685     25,995     15,772      3,795      2,535      4,161     19,160     25,013
    Federal Reserve notes, net                760,089     33,849    292,131     31,214     29,820     62,602     69,409     61,738     23,544     14,969     24,274     31,482     85,058
Reverse repurchase agreements (1)              31,186      1,488     11,543      1,354      1,347      2,591      2,611      2,863        991        634        913      1,400      3,452
Deposits                                       27,192        815     12,934        526        859      3,932      1,645      1,590        481        562        564        701      2,584
  Depository institutions                      21,771        813      7,649        523        856      3,818      1,642      1,587        480        561        562        700      2,579
  U.S. Treasury, general account                5,007          0      5,007          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 91          1         62          2          3         11          3          3          0          1          1          0          4
  Other                                           323          0        216          0          0        104          0          0          1          0          1          0          1
Deferred availability cash items                6,476        417        145      1,096        499        659        662        498        140        385        592        382      1,001
Other liabilities and accrued                 
  dividends (2)                                 5,561        267      1,857        275        273        574        469        495        197        143        193        258        560
   
    Total liabilities                         830,504     36,835    318,608     34,465     32,798     70,358     74,796     67,185     25,353     16,692     26,537     34,222     92,655
                              
Capital                    
Capital paid in                                15,113        390      3,722      1,811      1,099      4,082      1,089        848        165        276        175        209      1,248
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   2,686        106        376        568        127        905        263         76         28         46         15         83         93
     Total liabilities and capital            861,204     37,648    326,391     37,588     35,038     78,652     77,041     68,985     25,690     17,259     26,901     34,666     95,344
                              

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
                                           Nov 1, 2006
              
Federal Reserve notes outstanding             941,405
   Less: Notes held by F.R. Banks
         not subject to collateralization     181,315
      Federal Reserve Notes to be
         collateralized                       760,089 
Collateral held against Federal Reserve            
   notes                                      760,089
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              746,852
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         794,918
   Less:face value of securities under
         reverse repurchase agreements         31,487
      U.S. Treasury and agency securities
             eligible to be pledged           763,430
   

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.

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