FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks July 28, 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 Jul 27, 2016 Federal Reserve Banks Jul 27, 2016 Jul 20, 2016 Jul 29, 2015 Reserve Bank credit 4,434,957 - 4,324 - 21,657 4,424,751 Securities held outright (1) 4,235,560 - 4,551 - 4,185 4,226,345 U.S. Treasury securities 2,462,722 + 110 + 1,269 2,462,763 Bills (2) 0 0 0 0 Notes and bonds, nominal (2) 2,342,204 + 521 - 4,437 2,342,204 Notes and bonds, inflation-indexed (2) 103,596 - 439 + 5,062 103,596 Inflation compensation (3) 16,922 + 28 + 644 16,963 Federal agency debt securities (2) 22,492 - 1,044 - 12,601 22,492 Mortgage-backed securities (4) 1,750,346 - 3,617 + 7,148 1,741,091 Unamortized premiums on securities held outright (5) 179,968 - 389 - 17,110 179,557 Unamortized discounts on securities held outright (5) -15,763 + 46 + 1,642 -15,744 Repurchase agreements (6) 0 0 0 0 Loans 223 - 12 + 21 297 Primary credit 35 - 21 + 30 103 Secondary credit 0 0 0 0 Seasonal credit 189 + 10 - 7 194 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC (7) 1,711 - 1 + 13 1,702 Float -309 + 35 - 236 -535 Central bank liquidity swaps (8) 180 - 5 - 179 180 Other Federal Reserve assets (9) 33,386 + 552 - 1,625 32,949 Foreign currency denominated assets (10) 20,825 - 80 + 1,244 20,851 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding (11) 47,983 + 14 + 880 47,983 Total factors supplying reserve funds 4,520,006 - 4,390 - 19,533 4,509,826 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 27, 2016 Federal Reserve Banks Jul 27, 2016 Jul 20, 2016 Jul 29, 2015 Currency in circulation (11) 1,461,167 - 1,037 + 90,287 1,462,592 Reverse repurchase agreements (12) 303,323 - 6,066 + 62,241 309,026 Foreign official and international accounts 247,348 - 5,427 + 92,513 241,339 Others 55,975 - 639 - 30,273 67,687 Treasury cash holdings 80 + 17 - 17 73 Deposits with F.R. Banks, other than reserve balances 386,828 + 9,651 + 149,771 359,737 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 325,499 - 3,651 + 128,674 316,238 Foreign official 5,215 + 15 - 29 5,269 Other (13) 56,113 + 13,286 + 21,125 38,230 Other liabilities and capital (14) 46,599 - 1,311 - 19,178 46,160 Total factors, other than reserve balances, absorbing reserve funds 2,197,997 + 1,255 + 283,104 2,177,588 Reserve balances with Federal Reserve Banks 2,322,008 - 5,646 - 302,638 2,332,237 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 Jul 27, 2016 Jul 27, 2016 Jul 20, 2016 Jul 29, 2015 Securities held in custody for foreign official and international accounts 3,220,405 - 8,042 - 107,593 3,219,368 Marketable U.S. Treasury securities (1) 2,898,112 - 6,987 - 87,748 2,897,222 Federal agency debt and mortgage-backed securities (2) 264,391 - 2,005 - 33,574 264,057 Other securities (3) 57,902 + 951 + 13,729 58,089 Securities lent to dealers 21,681 + 526 + 10,792 22,113 Overnight facility (4) 21,681 + 526 + 10,792 22,113 U.S. Treasury securities 21,667 + 523 + 10,844 22,096 Federal agency debt securities 13 + 2 - 53 17 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, July 27, 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 256 41 0 0 0 ... 297 U.S. Treasury securities (1) Holdings 7,193 20,153 147,720 1,197,151 452,309 638,237 2,462,763 Weekly changes 0 0 + 5 + 18 + 19 + 70 + 111 Federal agency debt securities (2) Holdings 0 3,999 10,396 5,750 0 2,347 22,492 Weekly changes 0 0 0 0 0 0 0 Mortgage-backed securities (3) Holdings 0 0 0 1,023 10,099 1,729,969 1,741,091 Weekly changes 0 0 0 - 35 - 206 - 15,922 - 16,163 Repurchase agreements (4) 0 0 ... ... ... ... 0 Central bank liquidity swaps (5) 180 0 0 0 0 0 180 Reverse repurchase agreements (4) 309,026 0 ... ... ... ... 309,026 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 Jul 27, 2016 Mortgage-backed securities held outright (1) 1,741,091 Commitments to buy mortgage-backed securities (2) 30,652 Commitments to sell mortgage-backed securities (2) 0 Cash and cash equivalents (3) 3 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 Jul 27, 2016 Net portfolio holdings of Maiden Lane LLC (1) 1,702 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 June 30, 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 Jul 27, 2016 Wednesday Wednesday consolidation Jul 20, 2016 Jul 29, 2015 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,899 + 3 + 16 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,390,455 - 16,756 - 20,460 Securities held outright (1) 4,226,345 - 16,053 - 5,084 U.S. Treasury securities 2,462,763 + 111 + 1,261 Bills (2) 0 0 0 Notes and bonds, nominal (2) 2,342,204 0 - 4,437 Notes and bonds, inflation-indexed (2) 103,596 0 + 5,062 Inflation compensation (3) 16,963 + 111 + 637 Federal agency debt securities (2) 22,492 0 - 12,601 Mortgage-backed securities (4) 1,741,091 - 16,163 + 6,257 Unamortized premiums on securities held outright (5) 179,557 - 842 - 17,122 Unamortized discounts on securities held outright (5) -15,744 + 42 + 1,645 Repurchase agreements (6) 0 0 0 Loans 297 + 97 + 100 Net portfolio holdings of Maiden Lane LLC (7) 1,702 - 11 + 1 Items in process of collection (0) 225 - 15 - 19 Bank premises 2,214 0 - 28 Central bank liquidity swaps (8) 180 - 5 - 179 Foreign currency denominated assets (9) 20,851 + 62 + 1,268 Other assets (10) 30,735 + 247 - 1,580 Total assets (0) 4,464,498 - 16,475 - 20,982 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 Jul 27, 2016 Wednesday Wednesday consolidation Jul 20, 2016 Jul 29, 2015 Liabilities Federal Reserve notes, net of F.R. Bank holdings 1,416,578 - 27 + 88,869 Reverse repurchase agreements (11) 309,026 - 19,290 + 66,515 Deposits (0) 2,691,974 + 3,727 - 157,954 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 2,332,237 + 13,986 - 300,593 U.S. Treasury, General Account 316,238 - 10,900 + 112,860 Foreign official 5,269 + 50 + 26 Other (12) (0) 38,230 + 591 + 29,754 Deferred availability cash items (0) 760 + 378 + 480 Other liabilities and accrued dividends (13) 6,068 - 1,264 - 683 Total liabilities (0) 4,424,406 - 16,475 - 2,773 Capital accounts Capital paid in 30,092 0 + 942 Surplus 10,000 0 - 19,150 Other capital accounts 0 0 0 Total capital 40,092 0 - 18,208 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, July 27, 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 1,899 44 66 148 140 302 190 278 31 57 133 192 319 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,390,455 107,845 2,498,294 119,202 131,478 268,299 245,718 174,950 55,472 32,453 61,109 156,273 539,360 Securities held outright (1) 4,226,345 103,821 2,405,074 114,755 126,572 258,288 236,545 168,398 53,340 31,159 58,820 150,436 519,138 U.S. Treasury securities 2,462,763 60,498 1,401,477 66,869 73,756 150,509 137,839 98,129 31,082 18,157 34,275 87,661 302,511 Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Notes and bonds (3) 2,462,763 60,498 1,401,477 66,869 73,756 150,509 137,839 98,129 31,082 18,157 34,275 87,661 302,511 Federal agency debt securities (2) 22,492 553 12,799 611 674 1,375 1,259 896 284 166 313 801 2,763 Mortgage-backed securities (4) 1,741,091 42,770 990,797 47,274 52,143 106,405 97,447 69,374 21,974 12,836 24,231 61,974 213,865 Unamortized premiums on securities held outright (5) 179,557 4,411 102,180 4,875 5,377 10,973 10,050 7,154 2,266 1,324 2,499 6,391 22,056 Unamortized discounts on securities held outright (5) -15,744 -387 -8,960 -427 -472 -962 -881 -627 -199 -116 -219 -560 -1,934 Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 297 0 0 0 0 0 5 25 65 86 10 6 100 Net portfolio holdings of Maiden Lane LLC (7) 1,702 0 1,702 0 0 0 0 0 0 0 0 0 0 Items in process of collection 225 0 0 0 0 0 225 0 0 0 0 0 0 Bank premises 2,214 120 429 73 106 206 208 202 115 90 241 225 197 Central bank liquidity swaps (8) 180 8 59 10 14 40 10 5 2 1 2 2 27 Foreign currency denominated assets (9) 20,851 921 6,881 1,147 1,588 4,650 1,158 559 214 89 208 264 3,172 Other assets (10) 30,735 794 16,971 839 924 2,048 1,731 1,237 466 252 482 1,211 3,780 Interdistrict settlement account 0 - 22,148 + 24,034 - 19,627 - 4,734 - 21,745 + 5,192 - 85 + 33 + 257 - 1,081 + 7,736 + 32,168 Total assets 4,464,498 88,136 2,553,843 102,361 130,338 254,973 256,627 178,323 56,843 33,483 61,542 167,060 580,969 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, July 27, 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 1,599,272 49,950 517,813 49,991 81,493 111,718 222,016 106,013 50,374 27,760 41,270 133,149 207,725 Less: Notes held by F.R. Banks 182,694 5,909 56,408 5,977 9,129 13,274 27,259 11,670 5,212 2,845 4,951 15,188 24,873 Federal Reserve notes, net 1,416,578 44,041 461,405 44,014 72,364 98,444 194,757 94,343 45,162 24,915 36,318 117,961 182,853 Reverse repurchase agreements (11) 309,026 7,591 175,857 8,391 9,255 18,886 17,296 12,313 3,900 2,278 4,301 11,000 37,959 Deposits 2,691,974 34,559 1,900,632 47,563 45,440 128,218 41,687 69,860 7,221 5,462 20,388 37,329 353,615 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 2,332,237 34,552 1,547,839 47,560 45,437 128,119 41,678 63,058 7,212 5,462 20,387 37,328 353,606 U.S. Treasury, General Account 316,238 0 316,238 0 0 0 0 0 0 0 0 0 0 Foreign official 5,269 2 5,242 2 3 9 2 1 0 0 0 1 6 Other (12) 38,230 6 31,313 1 0 90 7 6,801 8 0 1 1 3 Deferred availability cash items 760 0 0 0 0 0 246 0 0 515 0 0 0 Earnings remittances due to the U.S. Treasury (13) 1,643 42 929 47 53 101 100 60 17 9 23 61 202 Other liabilities and accrued dividends 4,425 156 1,868 185 189 516 323 259 125 133 120 203 350 Total liabilities 4,424,406 86,390 2,540,691 100,200 127,301 246,164 254,408 176,835 56,424 33,312 61,150 166,554 574,978 Capital Capital paid in 30,092 1,305 9,853 1,611 2,276 6,579 1,664 1,221 316 128 292 380 4,469 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 4,464,498 88,136 2,553,843 102,361 130,338 254,973 256,627 178,323 56,843 33,483 61,542 167,060 580,969 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, July 27, 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 Jul 27, 2016 Federal Reserve notes outstanding 1,599,272 Less: Notes held by F.R. Banks not subject to collateralization 182,694 Federal Reserve notes to be collateralized 1,416,578 Collateral held against Federal Reserve notes 1,416,578 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,400,341 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 4,226,345 Less: Face value of securities under reverse repurchase agreements 283,973 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,942,373 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.