FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks June 16, 2016 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Reserve Bank credit, related items, and Averages of daily figures Wednesday reserve balances of depository institutions at Week ended Change from week ended Jun 15, 2016 Federal Reserve Banks Jun 15, 2016 Jun 8, 2016 Jun 17, 2015 Reserve Bank credit 4,431,684 + 8,676 - 19,979 4,433,227 Securities held outright (1) 4,236,426 + 6,402 - 3,269 4,238,453 U.S. Treasury securities 2,461,983 + 136 + 1,146 2,462,032 Bills (2) 0 0 0 0 Notes and bonds, nominal (2) 2,339,286 0 - 7,356 2,339,286 Notes and bonds, inflation-indexed (2) 105,939 0 + 7,405 105,939 Inflation compensation (3) 16,757 + 136 + 1,096 16,807 Federal agency debt securities (2) 25,096 0 - 10,799 25,096 Mortgage-backed securities (4) 1,749,348 + 6,267 + 6,385 1,751,324 Unamortized premiums on securities held outright (5) 181,773 - 121 - 17,560 181,739 Unamortized discounts on securities held outright (5) -16,007 + 32 + 1,590 -15,991 Repurchase agreements (6) 0 0 0 0 Loans 104 + 11 - 45 121 Primary credit 9 + 5 - 5 23 Secondary credit 0 0 0 0 Seasonal credit 95 + 6 - 40 99 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC (7) 1,713 0 + 17 1,713 Float -204 - 65 + 155 -238 Central bank liquidity swaps (8) 6 + 6 - 108 6 Other Federal Reserve assets (9) 27,873 + 2,410 - 760 27,424 Foreign currency denominated assets (10) 21,089 - 8 + 1,230 21,107 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding (11) 47,866 + 14 + 924 47,866 Total factors supplying reserve funds 4,516,879 + 8,680 - 17,826 4,518,442 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 Jun 15, 2016 Federal Reserve Banks Jun 15, 2016 Jun 8, 2016 Jun 17, 2015 Currency in circulation (11) 1,456,641 - 1,598 + 91,568 1,457,220 Reverse repurchase agreements (12) 281,678 - 12,566 + 34,813 271,369 Foreign official and international accounts 242,792 + 3,152 + 90,983 243,056 Others 38,886 - 15,718 - 56,170 28,313 Treasury cash holdings 93 - 16 - 41 89 Deposits with F.R. Banks, other than reserve balances 280,655 + 3,193 + 46,656 338,154 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 231,257 - 5,094 + 23,609 305,523 Foreign official 5,217 + 24 - 29 5,197 Other (13) 44,181 + 8,263 + 23,076 27,434 Other liabilities and capital (14) 48,658 + 152 - 18,673 46,709 Total factors, other than reserve balances, absorbing reserve funds 2,067,726 - 10,834 + 154,325 2,113,541 Reserve balances with Federal Reserve Banks 2,449,153 + 19,514 - 172,151 2,404,901 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. 2. Face value of the securities. 3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis. 6. Cash value of agreements. 7. Refer to table 4 and the note on consolidation accompanying table 6. 8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 9. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for depreciation. 10. Revalued daily at current foreign currency exchange rates. 11. Estimated. 12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 13. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. 14. Includes the liability for earnings remittances due to the U.S. Treasury. Sources: Federal Reserve Banks and the U.S. Department of the Treasury. 1A. Memorandum Items Millions of dollars Memorandum item Averages of daily figures Wednesday Week ended Change from week ended Jun 15, 2016 Jun 15, 2016 Jun 8, 2016 Jun 17, 2015 Securities held in custody for foreign official and international accounts 3,238,354 - 3,133 - 126,609 3,248,603 Marketable U.S. Treasury securities (1) 2,922,809 - 3,460 - 99,613 2,934,262 Federal agency debt and mortgage-backed securities (2) 265,114 - 151 - 33,151 264,042 Other securities (3) 50,430 + 477 + 6,155 50,299 Securities lent to dealers 21,081 + 742 + 9,938 22,876 Overnight facility (4) 21,081 + 742 + 9,938 22,876 U.S. Treasury securities 21,074 + 751 + 10,100 22,869 Federal agency debt securities 7 - 9 - 162 7 Note: Components may not sum to totals because of rounding. 1. Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6. 2. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the securities. 3. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value. 4. Face value. Fully collateralized by U.S. Treasury securities. 2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, June 15, 2016 Millions of dollars Remaining Maturity Within 15 16 days to 91 days to Over 1 year Over 5 year Over 10 All days 90 days 1 year to 5 years to 10 years years Loans 68 53 0 0 0 ... 121 U.S. Treasury securities (1) Holdings 13,567 24,151 140,387 1,197,994 449,658 636,276 2,462,032 Weekly changes + 13,567 - 13,563 + 4 + 22 + 24 + 82 + 135 Federal agency debt securities (2) Holdings 0 2,604 14,395 5,750 0 2,347 25,096 Weekly changes 0 0 + 737 - 737 0 0 0 Mortgage-backed securities (3) Holdings 0 0 0 924 9,113 1,741,287 1,751,324 Weekly changes 0 0 0 - 3 - 42 + 8,289 + 8,243 Repurchase agreements (4) 0 0 ... ... ... ... 0 Central bank liquidity swaps (5) 6 0 0 0 0 0 6 Reverse repurchase agreements (4) 271,369 0 ... ... ... ... 271,369 Term deposits 0 0 0 ... ... ... 0 Note: Components may not sum to totals because of rounding. ...Not applicable. 1. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the original face value of such securities. 2. Face value. 3. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 4. Cash value of agreements. 5. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 3. Supplemental Information on Mortgage-Backed Securities Millions of dollars Account name Wednesday Jun 15, 2016 Mortgage-backed securities held outright (1) 1,751,324 Commitments to buy mortgage-backed securities (2) 30,412 Commitments to sell mortgage-backed securities (2) 29 Cash and cash equivalents (3) 38 1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. 3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6. 4. Information on Principal Accounts of Maiden Lane LLC Millions of dollars Account name Wednesday Jun 15, 2016 Net portfolio holdings of Maiden Lane LLC (1) 1,713 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 0 Accrued interest payable to the Federal Reserve Bank of New York (2) 0 Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 0 1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of March 31, 2016. Any assets purchased after this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available. 2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 6. 3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 5 and table 6. Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were repaid in full, with interest. 5. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Assets, liabilities, and capital Eliminations Wednesday Change since from Jun 15, 2016 Wednesday Wednesday consolidation Jun 8, 2016 Jun 17, 2015 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,844 + 5 0 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,404,322 + 8,393 - 15,056 Securities held outright (1) 4,238,453 + 8,380 + 824 U.S. Treasury securities 2,462,032 + 135 + 1,175 Bills (2) 0 0 0 Notes and bonds, nominal (2) 2,339,286 0 - 7,356 Notes and bonds, inflation-indexed (2) 105,939 0 + 7,405 Inflation compensation (3) 16,807 + 136 + 1,126 Federal agency debt securities (2) 25,096 0 - 10,799 Mortgage-backed securities (4) 1,751,324 + 8,243 + 10,447 Unamortized premiums on securities held outright (5) 181,739 - 51 - 17,399 Unamortized discounts on securities held outright (5) -15,991 + 37 + 1,591 Repurchase agreements (6) 0 0 0 Loans 121 + 27 - 72 Net portfolio holdings of Maiden Lane LLC (7) 1,713 0 + 17 Items in process of collection (0) 164 - 2 + 75 Bank premises 2,217 + 3 - 26 Central bank liquidity swaps (8) 6 + 6 - 108 Foreign currency denominated assets (9) 21,107 - 110 + 1,313 Other assets (10) 25,208 + 980 - 1,214 Total assets (0) 4,472,817 + 9,275 - 15,000 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 5. Consolidated Statement of Condition of All Federal Reserve Banks (continued) Millions of dollars Assets, liabilities, and capital Eliminations Wednesday Change since from Jun 15, 2016 Wednesday Wednesday consolidation Jun 8, 2016 Jun 17, 2015 Liabilities Federal Reserve notes, net of F.R. Bank holdings 1,411,284 - 1,175 + 90,921 Reverse repurchase agreements (11) 271,369 - 13,666 + 9,920 Deposits (0) 2,743,055 + 25,098 - 97,201 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 2,404,901 - 43,917 - 170,605 U.S. Treasury, General Account 305,523 + 80,407 + 54,154 Foreign official 5,197 + 2 - 45 Other (12) (0) 27,434 - 11,394 + 19,296 Deferred availability cash items (0) 402 + 110 + 36 Other liabilities and accrued dividends (13) 6,597 - 1,107 - 514 Total liabilities (0) 4,432,706 + 9,259 + 3,161 Capital accounts Capital paid in 30,111 + 16 + 975 Surplus 10,000 0 - 19,136 Other capital accounts 0 0 0 Total capital 40,111 + 16 - 18,161 Note: Components may not sum to totals because of rounding. 1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. 2. Face value of the securities. 3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis. 6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 7. Refer to table 4 and the note on consolidation accompanying table 6. 8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 9. Revalued daily at current foreign currency exchange rates. 10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. 11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. 13. Includes the liability for earnings remittances due to the U.S. Treasury. 6. Statement of Condition of Each Federal Reserve Bank, June 15, 2016 Millions of dollars Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco Assets Gold certificate account 11,037 355 3,588 359 586 760 1,541 753 360 193 296 875 1,371 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574 Coin 1,844 49 59 133 134 295 186 274 25 53 144 184 307 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,404,322 108,190 2,506,286 119,584 131,898 269,157 246,505 175,497 55,616 32,528 61,308 156,767 540,985 Securities held outright (1) 4,238,453 104,119 2,411,964 115,083 126,935 259,028 237,223 168,881 53,493 31,248 58,988 150,867 520,626 U.S. Treasury securities 2,462,032 60,480 1,401,061 66,850 73,734 150,464 137,798 98,099 31,073 18,151 34,265 87,635 302,421 Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Notes and bonds (3) 2,462,032 60,480 1,401,061 66,850 73,734 150,464 137,798 98,099 31,073 18,151 34,265 87,635 302,421 Federal agency debt securities (2) 25,096 616 14,281 681 752 1,534 1,405 1,000 317 185 349 893 3,083 Mortgage-backed securities (4) 1,751,324 43,022 996,621 47,552 52,449 107,030 98,020 69,781 22,103 12,912 24,374 62,338 215,122 Unamortized premiums on securities held outright (5) 181,739 4,464 103,422 4,935 5,443 11,107 10,172 7,241 2,294 1,340 2,529 6,469 22,324 Unamortized discounts on securities held outright (5) -15,991 -393 -9,100 -434 -479 -977 -895 -637 -202 -118 -223 -569 -1,964 Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 121 0 0 0 0 0 6 12 32 58 13 0 0 Net portfolio holdings of Maiden Lane LLC (7) 1,713 0 1,713 0 0 0 0 0 0 0 0 0 0 Items in process of collection 164 0 0 0 0 0 163 0 0 1 0 0 0 Bank premises 2,217 120 429 74 105 208 209 202 116 90 241 225 197 Central bank liquidity swaps (8) 6 0 2 0 0 1 0 0 0 0 0 0 1 Foreign currency denominated assets (9) 21,107 933 6,966 1,161 1,608 4,707 1,172 566 217 90 211 268 3,211 Other assets (10) 25,208 653 13,812 687 755 1,699 1,411 1,009 525 206 396 951 3,104 Interdistrict settlement account 0 - 21,148 + 16,704 - 2,386 - 6,274 - 17,354 + 4,867 - 2,077 + 174 - 1,397 - 2,414 + 11,692 + 19,611 Total assets 4,472,817 89,348 2,551,376 119,823 129,050 259,886 256,708 176,649 57,183 31,855 60,335 171,244 569,361 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 6. Statement of Condition of Each Federal Reserve Bank, June 15, 2016 (continued) Millions of dollars Assets, liabilities, and capital Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San City Francisco Liabilities Federal Reserve notes outstanding 1,584,880 49,640 507,723 49,573 81,467 109,445 222,431 106,537 50,645 27,245 40,270 132,383 207,522 Less: Notes held by F.R. Banks 173,597 5,475 54,837 5,731 9,148 12,489 25,383 10,394 4,984 2,730 5,170 14,219 23,037 Federal Reserve notes, net 1,411,284 44,164 452,886 43,842 72,320 96,956 197,048 96,143 45,660 24,515 35,100 118,163 184,485 Reverse repurchase agreements (11) 271,369 6,666 154,427 7,368 8,127 16,584 15,188 10,813 3,425 2,001 3,777 9,659 33,333 Deposits 2,743,055 36,575 1,927,604 66,215 45,319 136,941 41,767 67,882 7,526 4,690 20,923 42,643 344,970 Term deposits held by depository institutions 0 0 0 0 0 0 0 0 0 0 0 0 0 Other deposits held by depository institutions 2,404,901 36,559 1,597,211 66,213 45,316 136,772 41,758 60,346 7,514 4,690 20,921 42,641 344,959 U.S. Treasury, General Account 305,523 0 305,523 0 0 0 0 0 0 0 0 0 0 Foreign official 5,197 2 5,171 2 3 9 2 1 0 0 0 1 6 Other (12) 27,434 14 19,700 0 0 160 7 7,535 12 0 1 1 5 Deferred availability cash items 402 0 0 0 0 0 66 0 0 336 0 0 0 Earnings remittances due to the U.S. Treasury (13) 1,672 35 993 40 47 81 100 70 17 12 17 63 196 Other liabilities and accrued dividends 4,926 161 2,314 195 199 512 323 252 137 132 127 206 369 Total liabilities 4,432,706 87,601 2,538,224 117,660 126,012 251,075 254,491 175,161 56,765 31,684 59,943 170,735 563,354 Capital Capital paid in 30,111 1,305 9,853 1,612 2,276 6,581 1,661 1,220 315 128 292 382 4,486 Surplus 10,000 442 3,299 550 762 2,230 555 268 103 43 100 127 1,521 Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0 Total liabilities and capital 4,472,817 89,348 2,551,376 119,823 129,050 259,886 256,708 176,649 57,183 31,855 60,335 171,244 569,361 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 6. Statement of Condition of Each Federal Reserve Bank, June 15, 2016 (continued) 1. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. 2. Face value of the securities. 3. Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities. 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 5. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis. 6. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. 7. Refer to table 4 and the note on consolidation below. 8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. 9. Revalued daily at current foreign currency exchange rates. 10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. 11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. 12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. 13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus. Note on consolidation: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5). 7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Federal Reserve notes and collateral Wednesday Jun 15, 2016 Federal Reserve notes outstanding 1,584,880 Less: Notes held by F.R. Banks not subject to collateralization 173,597 Federal Reserve notes to be collateralized 1,411,284 Collateral held against Federal Reserve notes 1,411,284 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,395,047 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 4,238,453 Less: Face value of securities under reverse repurchase agreements 253,225 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,985,227 Note: Components may not sum to totals because of rounding. 1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright, compensation to adjust for the effect of inflation on the original face value of inflation-indexed securities, and cash value of repurchase agreements. 2. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.