FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks October 20, 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 Oct 19, 2016 Federal Reserve Banks Oct 19, 2016 Oct 12, 2016 Oct 21, 2015 Reserve Bank credit 4,434,675 + 17,254 - 22,703 4,427,721 Securities held outright (1) 4,239,055 + 18,197 - 7,095 4,232,747 U.S. Treasury securities 2,463,512 + 23 + 1,662 2,463,520 Bills (2) 0 0 0 0 Notes and bonds, nominal (2) 2,340,976 0 - 5,663 2,340,976 Notes and bonds, inflation-indexed (2) 105,224 0 + 6,690 105,224 Inflation compensation (3) 17,312 + 23 + 635 17,320 Federal agency debt securities (2) 19,921 - 571 - 14,225 18,493 Mortgage-backed securities (4) 1,755,623 + 18,746 + 5,470 1,750,733 Unamortized premiums on securities held outright (5) 176,997 + 474 - 16,085 176,735 Unamortized discounts on securities held outright (5) -15,394 + 32 + 1,527 -15,379 Repurchase agreements (6) 0 0 0 0 Loans 116 - 54 - 78 94 Primary credit 6 0 0 1 Secondary credit 0 0 0 0 Seasonal credit 110 - 55 - 79 92 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC (7) 1,709 + 1 + 4 1,709 Float -379 - 26 - 654 -427 Central bank liquidity swaps (8) 240 - 2,980 + 100 180 Other Federal Reserve assets (9) 32,331 + 1,610 - 422 32,063 Foreign currency denominated assets (10) 21,007 - 158 + 775 21,023 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding (11) 48,253 + 14 + 849 48,253 Total factors supplying reserve funds 4,520,176 + 17,110 - 21,079 4,513,238 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 Oct 19, 2016 Federal Reserve Banks Oct 19, 2016 Oct 12, 2016 Oct 21, 2015 Currency in circulation (11) 1,477,007 - 1,143 + 85,396 1,476,873 Reverse repurchase agreements (12) 393,622 - 55,828 + 88,967 431,168 Foreign official and international accounts 240,446 + 9,867 + 65,057 239,358 Others 153,176 - 65,695 + 23,911 191,810 Treasury cash holdings 172 + 16 - 21 176 Deposits with F.R. Banks, other than reserve balances 454,182 + 56,416 + 369,382 452,596 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 391,988 + 35,803 + 331,585 409,693 Foreign official 5,165 - 7 - 285 5,165 Other (13) 57,029 + 20,621 + 38,082 37,737 Other liabilities and capital (14) 47,977 + 199 - 18,712 46,615 Total factors, other than reserve balances, absorbing reserve funds 2,372,960 - 340 + 525,012 2,407,428 Reserve balances with Federal Reserve Banks 2,147,216 + 17,450 - 546,090 2,105,811 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 Oct 19, 2016 Oct 19, 2016 Oct 12, 2016 Oct 21, 2015 Securities held in custody for foreign official and international accounts 3,122,437 - 23,695 - 179,015 3,116,761 Marketable U.S. Treasury securities (1) 2,801,337 - 23,533 - 175,551 2,796,793 Federal agency debt and mortgage-backed securities (2) 261,354 + 107 - 17,295 260,729 Other securities (3) 59,745 - 270 + 13,830 59,238 Securities lent to dealers 23,049 - 3,987 + 7,273 21,348 Overnight facility (4) 23,049 - 3,987 + 7,273 21,348 U.S. Treasury securities 23,019 - 3,975 + 7,289 21,324 Federal agency debt securities 30 - 12 - 17 24 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, October 19, 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 92 1 0 0 0 ... 94 U.S. Treasury securities (1) Holdings 6,529 38,905 146,892 1,202,720 433,461 635,014 2,463,520 Weekly changes + 6,529 - 3,436 - 3,092 + 4 + 4 + 15 + 23 Federal agency debt securities (2) Holdings 0 2,313 9,423 4,410 0 2,347 18,493 Weekly changes - 1,999 0 0 0 0 0 - 1,999 Mortgage-backed securities (3) Holdings 0 0 0 1,590 11,747 1,737,397 1,750,733 Weekly changes 0 0 0 - 7 + 455 + 13,409 + 13,856 Repurchase agreements (4) 0 0 ... ... ... ... 0 Central bank liquidity swaps (5) 180 0 0 0 0 0 180 Reverse repurchase agreements (4) 431,168 0 ... ... ... ... 431,168 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 Oct 19, 2016 Mortgage-backed securities held outright (1) 1,750,733 Commitments to buy mortgage-backed securities (2) 37,854 Commitments to sell mortgage-backed securities (2) 5 Cash and cash equivalents (3) 0 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 Oct 19, 2016 Net portfolio holdings of Maiden Lane LLC (1) 1,709 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 Oct 19, 2016 Wednesday Wednesday consolidation Oct 12, 2016 Oct 21, 2015 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,898 - 3 + 5 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,394,197 + 12,164 - 33,405 Securities held outright (1) 4,232,747 + 11,881 - 18,433 U.S. Treasury securities 2,463,520 + 23 + 1,683 Bills (2) 0 0 0 Notes and bonds, nominal (2) 2,340,976 0 - 5,663 Notes and bonds, inflation-indexed (2) 105,224 0 + 6,690 Inflation compensation (3) 17,320 + 23 + 657 Federal agency debt securities (2) 18,493 - 1,999 - 15,653 Mortgage-backed securities (4) 1,750,733 + 13,856 - 4,464 Unamortized premiums on securities held outright (5) 176,735 + 301 - 16,408 Unamortized discounts on securities held outright (5) -15,379 + 38 + 1,528 Repurchase agreements (6) 0 0 0 Loans 94 - 56 - 93 Net portfolio holdings of Maiden Lane LLC (7) 1,709 0 + 4 Items in process of collection (0) 76 - 28 - 492 Bank premises 2,203 + 2 - 32 Central bank liquidity swaps (8) 180 - 3,040 + 40 Foreign currency denominated assets (9) 21,023 + 49 + 838 Other assets (10) 29,860 + 540 - 947 Total assets (0) 4,467,382 + 9,684 - 33,990 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 Oct 19, 2016 Wednesday Wednesday consolidation Oct 12, 2016 Oct 21, 2015 Liabilities Federal Reserve notes, net of F.R. Bank holdings 1,430,689 - 1,977 + 83,679 Reverse repurchase agreements (11) 431,168 + 8,068 + 99,869 Deposits (0) 2,558,407 + 3,931 - 198,312 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 2,105,811 - 56,275 - 569,777 U.S. Treasury, General Account 409,693 + 66,818 + 352,607 Foreign official 5,165 0 - 93 Other (12) (0) 37,737 - 6,613 + 18,951 Deferred availability cash items (0) 503 - 80 + 137 Other liabilities and accrued dividends (13) 6,436 - 262 - 944 Total liabilities (0) 4,427,203 + 9,681 - 15,571 Capital accounts Capital paid in 30,179 + 3 + 880 Surplus 10,000 0 - 19,299 Other capital accounts 0 0 0 Total capital 40,179 + 3 - 18,419 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, October 19, 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 1,898 48 74 160 132 299 180 283 32 54 127 190 319 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,394,197 107,943 2,500,539 119,310 131,596 268,540 245,934 175,095 55,475 32,439 61,168 156,414 539,745 Securities held outright (1) 4,232,747 103,978 2,408,717 114,928 126,764 258,679 236,903 168,653 53,421 31,206 58,909 150,664 519,925 U.S. Treasury securities 2,463,520 60,517 1,401,908 66,890 73,778 150,555 137,881 98,159 31,092 18,162 34,286 87,688 302,604 Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Notes and bonds (3) 2,463,520 60,517 1,401,908 66,890 73,778 150,555 137,881 98,159 31,092 18,162 34,286 87,688 302,604 Federal agency debt securities (2) 18,493 454 10,524 502 554 1,130 1,035 737 233 136 257 658 2,272 Mortgage-backed securities (4) 1,750,733 43,007 996,285 47,536 52,432 106,994 97,987 69,758 22,096 12,907 24,366 62,317 215,049 Unamortized premiums on securities held outright (5) 176,735 4,342 100,574 4,799 5,293 10,801 9,892 7,042 2,231 1,303 2,460 6,291 21,709 Unamortized discounts on securities held outright (5) -15,379 -378 -8,752 -418 -461 -940 -861 -613 -194 -113 -214 -547 -1,889 Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 94 0 0 0 0 0 0 12 18 43 13 7 0 Net portfolio holdings of Maiden Lane LLC (7) 1,709 0 1,709 0 0 0 0 0 0 0 0 0 0 Items in process of collection 76 0 0 0 0 0 76 0 0 0 0 0 0 Bank premises 2,203 118 429 72 105 205 207 201 114 90 240 224 196 Central bank liquidity swaps (8) 180 8 59 10 14 40 10 5 2 1 2 2 27 Foreign currency denominated assets (9) 21,023 929 6,938 1,157 1,601 4,688 1,167 563 216 90 210 267 3,198 Other assets (10) 29,860 772 16,523 815 899 1,993 1,677 1,204 454 245 470 1,131 3,678 Interdistrict settlement account 0 - 21,107 + 20,076 - 10,879 - 8,737 - 26,308 + 9,574 + 3,571 + 4,504 + 2,037 - 686 + 21,588 + 6,366 Total assets 4,467,382 89,261 2,551,753 111,214 126,433 250,630 261,021 182,098 61,307 35,238 61,979 180,974 555,475 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, October 19, 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 1,616,903 50,040 524,470 51,583 80,837 114,162 223,890 108,696 49,879 28,148 42,132 134,083 208,981 Less: Notes held by F.R. Banks 186,214 6,567 49,292 6,738 10,070 14,650 27,789 12,725 5,587 3,205 6,048 16,244 27,300 Federal Reserve notes, net 1,430,689 43,473 475,178 44,845 70,767 99,513 196,101 95,972 44,292 24,944 36,084 117,839 181,682 Reverse repurchase agreements (11) 431,168 10,592 245,364 11,707 12,913 26,350 24,132 17,180 5,442 3,179 6,001 15,347 52,962 Deposits 2,558,407 33,242 1,815,135 52,250 39,317 115,338 38,057 67,126 10,977 6,367 19,358 46,998 314,242 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 2,105,811 33,236 1,372,022 52,248 39,314 115,026 38,048 58,004 10,962 6,367 19,357 46,995 314,233 U.S. Treasury, General Account 409,693 0 409,693 0 0 0 0 0 0 0 0 0 0 Foreign official 5,165 2 5,139 2 3 9 2 1 0 0 0 1 6 Other (12) 37,737 4 28,281 0 0 304 7 9,121 14 0 1 3 3 Deferred availability cash items 503 0 0 0 0 0 74 0 0 428 0 0 0 Earnings remittances due to the U.S. Treasury (13) 1,677 42 951 46 51 104 102 67 21 12 18 61 203 Other liabilities and accrued dividends 4,759 163 2,086 194 203 513 336 258 140 139 127 214 385 Total liabilities 4,427,203 87,511 2,538,714 109,043 123,250 241,818 258,803 180,602 60,871 35,068 61,588 180,460 549,474 Capital Capital paid in 30,179 1,307 9,741 1,621 2,420 6,581 1,663 1,228 333 127 291 388 4,479 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 4,467,382 89,261 2,551,753 111,214 126,433 250,630 261,021 182,098 61,307 35,238 61,979 180,974 555,475 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, October 19, 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 Oct 19, 2016 Federal Reserve notes outstanding 1,616,903 Less: Notes held by F.R. Banks not subject to collateralization 186,214 Federal Reserve notes to be collateralized 1,430,689 Collateral held against Federal Reserve notes 1,430,689 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,414,452 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 4,232,747 Less: Face value of securities under reverse repurchase agreements 402,573 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,830,174 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.