Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: July 29, 2010
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For release at
4:30 P.M. EDT
July 29, 2010

The weekly average values, shown in table 1, reflect the June 30, 2010, quarterly updates to
the fair value of the net portfolio holdings of Maiden Lane LLC, Maiden Lane II LLC, and
Maiden Lane III LLC and the loan restructuring adjustment, which is included in the reported
value of the credit extended to American International Group, Inc.  The amounts for the first
six days of this reporting week are based on the values as of March 31, 2010, and the amounts
for the last day of the reporting week are based on the values as of June 30, 2010.

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                                July 29, 2010
 
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   Jul 28, 2010
Federal Reserve Banks                                     Jul 28, 2010 Jul 21, 2010 Jul 29, 2009
 
Reserve Bank credit                                        2,312,369   -    3,357   +  302,290    2,308,212
  Securities held outright (1)                             2,058,231   -    3,003   +  714,340    2,053,876
    U.S. Treasury securities                                 777,018   +        8   +   81,700      777,021
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           712,020            0   +   84,874      712,020
      Notes and bonds, inflation-indexed (2)                  41,129            0   -    3,309       41,129
      Inflation compensation (3)                               5,447   +        8   +      136        5,450
    Federal agency debt securities (2)                       159,381   -      390   +   55,315      159,381
    Mortgage-backed securities (4)                         1,121,831   -    2,622   +  577,324    1,117,474
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0   -  237,629            0
  Other loans                                                 64,839   -    1,066   -   43,692       64,172
    Primary credit                                                11   -       14   -   33,792           26
    Secondary credit                                               1            0   -      104            0
    Seasonal credit                                               77   -        2   -       11           80
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0   -    1,073            0
    Credit extended to American International
       Group, Inc., net (6)                                   23,775   -      379   -   19,279       23,449
    Term Asset-Backed Securities Loan Facility (7)            40,975   -      671   +   10,567       40,617
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      1            0   -   94,413            1
  Net portfolio holdings of Maiden Lane LLC (9)               28,691   +      153   +    2,662       29,417
  Net portfolio holdings of Maiden Lane II LLC (10)           15,644   +       94   -       28       16,170
  Net portfolio holdings of Maiden Lane III LLC (11)          23,060   +       91   +    3,894       23,540
  Net portfolio holdings of TALF LLC (12)                        540   +       29   +      540          540
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (13)                                        25,733            0   +   25,733       25,733
  Float                                                       -1,588   +       83   +      190       -1,757
  Central bank liquidity swaps (14)                            1,246            0   -   86,492        1,246
  Other Federal Reserve assets (15)                           95,972   +      261   +   17,185       95,274
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0   +    3,000        5,200
Treasury currency outstanding (16)                            43,224   +       14   +      747       43,224

Total factors supplying reserve funds                      2,371,834   -    3,343   +  306,037    2,367,677
 
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   Jul 28, 2010
Federal Reserve Banks                                     Jul 28, 2010 Jul 21, 2010 Jul 29, 2009
 
Currency in circulation (16)                                 942,257   -      732   +   33,606      944,273
Reverse repurchase agreements (17)                            60,913   -    2,455   -    5,293       60,641
  Foreign official and international accounts                 60,913   -    2,455   -    5,293       60,641
  Dealers                                                          0            0            0            0
Treasury cash holdings                                           226   -       17   -      106          212
Deposits with F.R. Banks, other than reserve balances        250,443   -    9,182   -   18,465      240,723
  Term deposits held by depository institutions                4,241            0   +    4,241        4,241
  U.S. Treasury, general account                              41,603   -    9,704   -   19,803       30,415
  U.S. Treasury, supplementary financing account             199,961   -        1   +       25      199,961
  Foreign official                                             1,779   +      522   -      253        3,223
  Service-related                                              2,468   -        1   -    2,681        2,468
    Required clearing balances                                 2,468   -        1   -    2,681        2,468
    Adjustments to compensate for float                            0            0            0            0
  Other                                                          391   +        2   +        5          416
Other liabilities and capital (18)                            72,801   +       82   +   15,756       73,436

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,326,640   -   12,304   +   25,498    1,319,285

Reserve balances with Federal Reserve Banks                1,045,194   +    8,961   +  280,540    1,048,392
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
   allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Refer to table 7 and the note on consolidation accompanying table 11.
9.  Refer to table 4 and the note on consolidation accompanying table 11.
10. Refer to table 5 and the note on consolidation accompanying table 11.
11. Refer to table 6 and the note on consolidation accompanying table 11.
12. Refer to table 8 and the note on consolidation accompanying table 11.
13. Refer to table 9.
14. 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.
15. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
    Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
18. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
    Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including
    liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through
    table 8 and the note on consolidation accompanying table 11.

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

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Jul 28, 2010
Memorandum item                                           Jul 28, 2010 Jul 21, 2010 Jul 29, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,145,705   +   13,928   +  352,542    3,150,709
  U.S. Treasury securities                                 2,315,846   +   12,339   +  314,673    2,319,109
  Federal agency securities (2)                              829,859   +    1,588   +   37,869      831,600
Securities lent to dealers                                     4,005   -      451   -    6,914        6,010
  Overnight facility (3)                                       4,005   -      451   -    4,214        6,010
    U.S. Treasury securities                                   2,940   -      360   -    5,098        4,899
    Federal agency debt securities                             1,065   -       91   +      884        1,111
  Term facility (4)                                                0            0   -    2,700            0
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency
   securities, and other highly rated debt securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,      July 28, 2010
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Other loans (1)                               99            7            0       64,065            0           ...       64,172
U.S. Treasury securities (2)
  Holdings                                19,420       14,082       52,372      332,301      214,996       143,852      777,021
  Weekly changes                      +    3,867   -    3,867   +        1   +        2   +        2    +        4   +        8
Federal agency debt securities (3)
  Holdings                                   811        8,889       37,246       77,342       32,746         2,347      159,381
  Weekly changes                      +      811   +    1,438   -      648   -    1,601            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           30           20     1,117,424    1,117,474
  Weekly changes                               0            0            0   -        1            0    -    7,115   -    7,116
Commercial paper held by
   Commercial Paper Funding
   Facility LLC (5)                            0            0            0          ...          ...           ...            0
Asset-backed securities held by
   TALF LLC (6)                                0            0            0            0            0             0            0
Repurchase agreements (7)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (8)           1,242            4            0            0            0             0        1,246

Reverse repurchase agreements (7)         60,641            0          ...          ...          ...           ...       60,641
Term deposits                              2,122        2,119            0          ...          ...           ...        4,241
 
Note: Components may not sum to totals because of rounding.
. . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, Maiden Lane
   LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of
   condition consistent with consolidation under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
   inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.
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.

 
3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Jul 28, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,117,474

Commitments to buy mortgage-backed securities (2)                                                                          2,802
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                458
 
1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
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 10 and table 11.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Jul 28, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             29,417

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 28,790
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         529
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,286
 
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
        June 30, 2010. 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 11.
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 10 and table 11.

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

 
5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Jul 28, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          16,170

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 14,089
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         376
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,056
 
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
        June 30, 2010. 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 11.
3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of
   American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued
   interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table
   10 and table 11.

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

 
6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Jul 28, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         23,540

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 15,469
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         465
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,291
 
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
        June 30, 2010. 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 11.
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 10 and table 11.

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

 
7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Jul 28, 2010 
 
Commercial paper holdings, net (1)                                                                                             0
Other investments, net                                                                                                         1
Net portfolio holdings of Commercial Paper Funding Facility LLC                                                                1

Memorandum: Commercial paper holdings, face value                                                                              0

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
 
1. Book value, which includes amortized cost and related fees.
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 11.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the
Federal Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month
U.S. dollar-denominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and
increase the availability of credit for businesses and households.

 
8. Information on Principal Accounts of TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Jul 28, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       540
Net portfolio holdings of TALF LLC                                                                                           540

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
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        105
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 11.
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 10 and table 11.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Jul 28, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          25,733
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                         99

Preferred interests in AIA Aurora LLC (1)                                                                                 16,469
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                                63

Preferred interests in ALICO Holdings LLC (1)                                                                              9,264
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                            36
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Jul 28, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Jul 21, 2010 Jul 29, 2009
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0   +    3,000
  Coin                                                                       2,078    +       45   +      183
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,118,048    -    8,487   +  425,978
    Securities held outright (1)                                         2,053,876    -    7,108   +  709,315
      U.S. Treasury securities                                             777,021    +        8   +   81,263
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                       712,020             0   +   84,445
        Notes and bonds, inflation-indexed (2)                              41,129             0   -    3,309
        Inflation compensation (3)                                           5,450    +        8   +      127
      Federal agency debt securities (2)                                   159,381             0   +   53,466
      Mortgage-backed securities (4)                                     1,117,474    -    7,116   +  574,586
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0   -  237,621
    Other loans                                                             64,172    -    1,379   -   45,716
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    1             0   -   67,299
  Net portfolio holdings of Maiden Lane LLC (7)                             29,417    +      847   +    3,547
  Net portfolio holdings of Maiden Lane II LLC (8)                          16,170    +      614   +    1,026
  Net portfolio holdings of Maiden Lane III LLC (9)                         23,540    +      560   +    2,403
  Net portfolio holdings of TALF LLC (10)                                      540             0   +      540
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                      25,733             0   +   25,733
  Items in process of collection                             (64)              391    +       33   +      161
  Bank premises                                                              2,231             0   +       16
  Central bank liquidity swaps (12)                                          1,246             0   -   86,492
  Other assets (13)                                                         93,074    -      645   +   16,856

Total assets                                                 (64)        2,328,705    -    7,035   +  325,652
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Jul 28, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Jul 21, 2010 Jul 29, 2009
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         903,334    +    1,075   +   32,759
  Reverse repurchase agreements (14)                                        60,641    -      826   -    5,369
  Deposits                                                    (0)        1,289,145    -    9,164   +  281,572
    Term deposits held by depository institutions                            4,241             0   +    4,241
    Other deposits held by depository institutions                       1,050,890    +    2,605   +  303,766
    U.S. Treasury, general account                                          30,415    -   13,450   -   27,410
    U.S. Treasury, supplementary financing account                         199,961    -        1   +       25
    Foreign official                                                         3,223    +    1,775   +    1,045
    Other                                                     (0)              416    -       92   -       95
  Deferred availability cash items                           (64)            2,148    +       12   -      454
  Other liabilities and accrued dividends (15)                              15,320    +      590   +    8,595

Total liabilities                                            (64)        2,270,589    -    8,311   +  317,103

Capital accounts
  Capital paid in                                                           26,665    +        4   +    2,143
  Surplus                                                                   25,822    +        6   +    4,525
  Other capital accounts                                                     5,628    +    1,266   +    1,879

Total capital                                                               58,116    +    1,276   +    8,549
 
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9.  Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to table 9.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
    and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
    through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
    Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including
    liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table
    8 and the note on consolidation accompanying table 11.


 
11. Statement of Condition of Each Federal Reserve Bank,      July 28, 2010
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,078          68          72         162         152         299         198         320          31          61         150         215         349
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,118,048      51,977     902,156      47,964      69,782     233,922     194,369     154,849      52,934      28,141      70,460      86,252     225,243
    Securities held outright (1)             2,053,876      51,977     838,090      47,964      69,782     233,914     194,353     154,834      52,904      28,117      70,456      86,243     225,241
      U.S. Treasury securities                 777,021      19,664     317,066      18,146      26,400      88,494      73,528      58,577      20,015      10,637      26,655      32,627      85,213
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                    758,599      19,198     309,548      17,715      25,774      86,396      71,784      57,188      19,540      10,385      26,023      31,854      83,193
      Federal agency debt securities (2)       159,381       4,033      65,036       3,722       5,415      18,152      15,082      12,015       4,105       2,182       5,467       6,692      17,479
      Mortgage-backed securities (4)         1,117,474      28,280     455,989      26,096      37,967     127,268     105,744      84,242      28,784      15,298      38,334      46,923     122,549
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 64,172           0      64,065           0           0           8          16          15          30          24           4           9           2
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  1           0           1           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               29,417           0      29,417           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            16,170           0      16,170           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           23,540           0      23,540           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          540           0         540           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                25,733           0      25,733           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   455          17           0          33          74           7         157          44          16          13           9          57          27
  Bank premises                                  2,231         123         258          70         143         238         219         210         135         109         266         248         213
  Central bank liquidity swaps (12)              1,246          46         362         136          93         347          77          30          12          35          10          17          82
  Other assets (13)                             93,074       2,656      35,229       4,314       4,159      14,656       7,938       5,676       2,002       1,645       2,534       3,205       9,060
  Interdistrict settlement account                   0   -   1,946   + 140,184   +  19,134   -  16,908   +   4,864   -  45,596   -  44,230   -  16,621   +  11,058   -  20,487   -   3,394   -  26,058

Total assets                                 2,328,769      53,505   1,179,516      72,427      58,195     255,591     159,402     118,211      38,984      41,354      53,391      87,533     210,660
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
11. Statement of Condition of Each Federal Reserve Bank,      July 28, 2010 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,125,995      38,319     395,368      43,468      45,126      89,155     144,132      86,723      31,847      19,748      32,000      75,172     124,936
    Less: Notes held by F.R. Banks             222,661       4,149      93,079       5,480       9,967      14,866      30,002      12,648       4,671       4,737       3,476      12,739      26,847
      Federal Reserve notes, net               903,334      34,169     302,289      37,989      35,159      74,289     114,130      74,075      27,176      15,011      28,524      62,433      98,089
  Reverse repurchase agreements (14)            60,641       1,535      24,745       1,416       2,060       6,906       5,738       4,572       1,562         830       2,080       2,546       6,650
  Deposits                                   1,289,145      15,628     823,705      26,962      16,233     160,792      35,582      37,555       9,502      23,297      22,023      21,336      96,529
    Term deposits held by depository
       institutions                              4,241          51       1,817           0          28         148         189         525          56          12          40          77       1,300
    Other deposits held by depository
       institutions                          1,050,890      15,558     588,116      26,957      16,202     160,507      35,391      36,965       9,445      23,284      21,982      21,259      95,225
    U.S. Treasury, general account              30,415           0      30,415           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                       199,961           0     199,961           0           0           0           0           0           0           0           0           0           0
    Foreign official                             3,223           1       3,194           4           3          11           2           1           0           1           0           1           3
    Other                                          416          18         203           0           1         125           0          65           0           0           1           0           2
  Deferred availability cash items               2,212          69           0         187         586          76         111         158          53         441          84          79         368
  Other liabilities and accrued
     dividends (15)                             15,320         206      11,345         220         265         783         579         469         199         143         212         292         607

Total liabilities                            2,270,653      51,607   1,162,084      66,773      54,305     242,846     156,141     116,829      38,491      39,723      52,923      86,687     202,243

Capital
  Capital paid in                               26,665         916       7,628       2,806       1,918       5,438       1,548         641         218         806         212         396       4,137
  Surplus                                       25,822         945       7,618       2,803       1,911       7,141       1,581         621         239         712         210         353       1,688
  Other capital                                  5,628          36       2,186          44          61         166         131         120          35         113          47          97       2,592

Total liabilities and capital                2,328,769      53,505   1,179,516      72,427      58,195     255,591     159,402     118,211      38,984      41,354      53,391      87,533     210,660
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

11. Statement of Condition of Each Federal Reserve Bank,      July 28, 2010 (continued)
1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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. Current face value of the securities, which is the remaining principal balance of the underlying mortgages.
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation below.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 8 and the note on consolidation below.
11. Refer to table 9.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
    in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New
    York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation below.


Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, a loan was
extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding Facility LLC, which was
formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase
multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan
was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American
International Group, Inc. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S.
Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority
of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have
been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit
from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and table 10), and the liabilities of the LLCs to entities other than the
FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 10).

 
12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Jul 28, 2010 
 
Federal Reserve notes outstanding                                                          1,125,995
  Less: Notes held by F.R. Banks not subject to collateralization                            222,661
    Federal Reserve notes to be collateralized                                               903,334
Collateral held against Federal Reserve notes                                                903,334
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   887,097
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,053,876
  Less: Face value of securities under reverse repurchase agreements                          59,134
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,994,742
 
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 and term securities lending facilities; refer
   to table 1A.

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