FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks March 30, 2017 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 Mar 29, 2017 Federal Reserve Banks Mar 29, 2017 Mar 22, 2017 Mar 30, 2016 Reserve Bank credit 4,436,371 + 154 - 8,216 4,430,526 Securities held outright (1) 4,251,603 - 417 + 6,546 4,246,783 U.S. Treasury securities 2,464,276 + 362 + 2,966 2,464,335 Bills (2) 0 0 0 0 Notes and bonds, nominal (2) 2,340,611 + 200 - 3,907 2,340,611 Notes and bonds, inflation-indexed (2) 105,901 0 + 5,021 105,901 Inflation compensation (3) 17,763 + 161 + 1,851 17,823 Federal agency debt securities (2) 13,329 0 - 15,928 13,329 Mortgage-backed securities (4) 1,773,998 - 779 + 19,508 1,769,118 Unamortized premiums on securities held outright (5) 169,752 - 267 - 16,111 169,503 Unamortized discounts on securities held outright (5) -14,960 + 26 + 1,354 -14,948 Repurchase agreements (6) 0 0 0 0 Loans 11 + 2 - 25 11 Primary credit 3 0 - 20 0 Secondary credit 0 0 0 0 Seasonal credit 8 + 3 - 6 10 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC (7) 1,707 0 - 15 1,707 Float -351 - 61 + 49 -719 Central bank liquidity swaps (8) 1,007 - 12 + 959 1,007 Other Federal Reserve assets (9) 27,602 + 882 - 973 27,184 Foreign currency denominated assets (10) 20,232 + 167 - 277 20,158 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding (11) 48,726 + 14 + 1,014 48,726 Total factors supplying reserve funds 4,521,570 + 334 - 7,479 4,515,652 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 Mar 29, 2017 Federal Reserve Banks Mar 29, 2017 Mar 22, 2017 Mar 30, 2016 Currency in circulation (11) 1,534,102 + 2,310 + 92,829 1,536,334 Reverse repurchase agreements (12) 468,923 - 12,486 + 164,714 510,897 Foreign official and international accounts 249,997 + 5,058 + 14,231 250,540 Others 218,926 - 17,544 + 150,483 260,357 Treasury cash holdings 266 + 3 + 49 267 Deposits with F.R. Banks, other than reserve balances 160,621 + 12,663 - 166,644 150,725 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 65,187 - 5,640 - 219,473 63,101 Foreign official 5,168 - 5 - 42 5,164 Other (13) 90,266 + 18,309 + 52,871 82,460 Other liabilities and capital (14) 48,726 + 325 + 1,057 47,445 Total factors, other than reserve balances, absorbing reserve funds 2,212,639 + 2,816 + 92,006 2,245,668 Reserve balances with Federal Reserve Banks 2,308,932 - 2,481 - 99,485 2,269,984 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 Mar 29, 2017 Mar 29, 2017 Mar 22, 2017 Mar 30, 2016 Securities held in custody for foreign official and international accounts 3,207,011 - 4,832 - 53,431 3,206,297 Marketable U.S. Treasury securities (1) 2,883,738 - 3,713 - 62,928 2,883,579 Federal agency debt and mortgage-backed securities (2) 261,066 - 1,689 - 4,820 260,589 Other securities (3) 62,208 + 571 + 14,318 62,129 Securities lent to dealers 24,768 + 941 + 2,115 23,376 Overnight facility (4) 24,768 + 941 + 2,115 23,376 U.S. Treasury securities 24,696 + 945 + 2,086 23,293 Federal agency debt securities 73 - 4 + 31 83 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, March 29, 2017 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 11 0 0 0 0 ... 11 U.S. Treasury securities (1) Holdings 13,559 46,911 183,368 1,216,893 376,236 627,368 2,464,335 Weekly changes 0 + 1 + 5 + 26 + 33 + 297 + 361 Federal agency debt securities (2) Holdings 0 5,232 3,706 2,044 0 2,347 13,329 Weekly changes 0 0 0 0 0 0 0 Mortgage-backed securities (3) Holdings 0 0 0 57 11,038 1,758,023 1,769,118 Weekly changes 0 0 0 - 118 - 384 - 8,025 - 8,527 Repurchase agreements (4) 0 0 ... ... ... ... 0 Central bank liquidity swaps (5) 1,007 0 0 0 0 0 1,007 Reverse repurchase agreements (4) 510,897 0 ... ... ... ... 510,897 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 Mar 29, 2017 Mortgage-backed securities held outright (1) 1,769,118 Commitments to buy mortgage-backed securities (2) 21,546 Commitments to sell mortgage-backed securities (2) 0 Cash and cash equivalents (3) 7 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 Mar 29, 2017 Net portfolio holdings of Maiden Lane LLC (1) 1,707 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 December 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 Mar 29, 2017 Wednesday Wednesday consolidation Mar 22, 2017 Mar 30, 2016 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,912 - 9 + 36 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,401,348 - 8,651 - 11,605 Securities held outright (1) 4,246,783 - 8,164 + 3,117 U.S. Treasury securities 2,464,335 + 361 + 3,009 Bills (2) 0 0 0 Notes and bonds, nominal (2) 2,340,611 + 200 - 3,907 Notes and bonds, inflation-indexed (2) 105,901 0 + 5,021 Inflation compensation (3) 17,823 + 162 + 1,895 Federal agency debt securities (2) 13,329 0 - 15,928 Mortgage-backed securities (4) 1,769,118 - 8,527 + 16,036 Unamortized premiums on securities held outright (5) 169,503 - 516 - 16,054 Unamortized discounts on securities held outright (5) -14,948 + 28 + 1,353 Repurchase agreements (6) 0 0 0 Loans 11 + 2 - 21 Net portfolio holdings of Maiden Lane LLC (7) 1,707 0 - 15 Items in process of collection (0) 65 + 16 - 77 Bank premises 2,200 + 1 - 26 Central bank liquidity swaps (8) 1,007 - 12 + 959 Foreign currency denominated assets (9) 20,158 - 47 - 523 Other assets (10) 24,984 + 86 - 1,972 Total assets (0) 4,469,618 - 8,618 - 13,222 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 Mar 29, 2017 Wednesday Wednesday consolidation Mar 22, 2017 Mar 30, 2016 Liabilities Federal Reserve notes, net of F.R. Bank holdings 1,489,783 + 2,478 + 92,141 Reverse repurchase agreements (11) 510,897 + 15,179 + 141,209 Deposits (0) 2,420,709 - 26,241 - 246,512 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 2,269,985 - 43,977 - 66,101 U.S. Treasury, General Account 63,101 + 8,856 - 228,811 Foreign official 5,164 - 7 - 8 Other (12) (0) 82,460 + 8,888 + 48,410 Deferred availability cash items (0) 783 + 297 - 607 Other liabilities and accrued dividends (13) 6,850 - 361 + 27 Total liabilities (0) 4,429,023 - 8,647 - 13,740 Capital accounts Capital paid in 30,595 + 30 + 518 Surplus 10,000 0 0 Other capital accounts 0 0 0 Total capital 40,595 + 30 + 518 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, March 29, 2017 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 1,912 53 66 174 134 298 187 289 24 55 122 195 315 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,401,348 108,122 2,504,656 119,506 131,813 268,982 246,339 175,375 55,548 32,449 61,259 156,664 540,633 Securities held outright (1) 4,246,783 104,323 2,416,704 115,309 127,184 259,537 237,689 169,213 53,598 31,310 59,104 151,163 521,649 U.S. Treasury securities 2,464,335 60,537 1,402,372 66,912 73,803 150,605 137,927 98,191 31,102 18,168 34,297 87,717 302,704 Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Notes and bonds (3) 2,464,335 60,537 1,402,372 66,912 73,803 150,605 137,927 98,191 31,102 18,168 34,297 87,717 302,704 Federal agency debt securities (2) 13,329 327 7,585 362 399 815 746 531 168 98 186 474 1,637 Mortgage-backed securities (4) 1,769,118 43,459 1,006,747 48,035 52,982 108,117 99,016 70,490 22,328 13,043 24,621 62,971 217,308 Unamortized premiums on securities held outright (5) 169,503 4,164 96,458 4,602 5,076 10,359 9,487 6,754 2,139 1,250 2,359 6,033 20,821 Unamortized discounts on securities held outright (5) -14,948 -367 -8,507 -406 -448 -914 -837 -596 -189 -110 -208 -532 -1,836 Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 11 2 0 0 0 0 0 4 0 0 4 0 0 Net portfolio holdings of Maiden Lane LLC (7) 1,707 0 1,707 0 0 0 0 0 0 0 0 0 0 Items in process of collection 65 0 0 0 0 0 64 0 0 0 0 0 0 Bank premises 2,200 120 439 72 108 201 204 200 113 89 238 222 195 Central bank liquidity swaps (8) 1,007 45 332 55 77 225 56 27 10 4 10 13 153 Foreign currency denominated assets (9) 20,158 891 6,652 1,109 1,535 4,496 1,119 540 207 86 201 256 3,067 Other assets (10) 24,984 651 13,687 689 751 1,704 1,421 1,003 379 207 398 1,016 3,075 Interdistrict settlement account 0 - 4,370 - 178,815 + 5,844 - 5,994 + 2,687 + 24,843 + 60,794 + 7,200 + 5,224 + 7,690 + 33,028 + 41,868 Total assets 4,469,618 106,062 2,354,130 128,019 129,247 279,765 276,429 239,406 63,991 38,398 70,368 192,551 591,252 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, March 29, 2017 (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 1,663,111 54,904 530,715 53,550 82,269 118,799 225,684 113,888 51,663 29,260 46,492 140,647 215,241 Less: Notes held by F.R. Banks 173,328 5,551 45,811 6,556 9,816 13,241 24,839 11,669 5,244 3,223 5,684 15,770 25,922 Federal Reserve notes, net 1,489,783 49,352 484,904 46,994 72,452 105,558 200,845 102,219 46,419 26,037 40,808 124,877 189,319 Reverse repurchase agreements (11) 510,897 12,550 290,735 13,872 15,300 31,223 28,594 20,357 6,448 3,767 7,110 18,185 62,755 Deposits 2,420,709 42,190 1,562,052 64,729 37,948 133,606 44,148 114,756 10,533 7,549 21,903 48,695 332,600 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 2,269,985 42,183 1,464,806 64,727 37,945 133,462 44,137 61,474 10,518 7,549 21,902 48,689 332,592 U.S. Treasury, General Account 63,101 0 63,101 0 0 0 0 0 0 0 0 0 0 Foreign official 5,164 2 5,137 2 3 9 2 1 0 0 0 1 6 Other (12) 82,460 5 29,008 0 0 135 9 53,280 14 0 1 6 1 Deferred availability cash items 783 0 0 0 0 0 59 0 0 725 0 0 0 Earnings remittances due to the U.S. Treasury (13) 1,562 37 905 41 50 89 97 54 9 12 19 62 187 Other liabilities and accrued dividends 5,288 178 2,521 201 197 527 332 294 133 138 131 209 428 Total liabilities 4,429,023 104,308 2,341,116 125,836 125,947 271,003 274,075 237,679 63,542 38,227 69,971 192,028 585,289 Capital Capital paid in 30,595 1,321 9,812 1,645 2,485 6,601 1,771 1,308 340 129 300 395 4,491 Surplus 10,000 434 3,202 538 815 2,161 583 419 109 42 97 128 1,473 Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0 Total liabilities and capital 4,469,618 106,062 2,354,130 128,019 129,247 279,765 276,429 239,406 63,991 38,398 70,368 192,551 591,252 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, March 29, 2017 (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 Mar 29, 2017 Federal Reserve notes outstanding 1,663,111 Less: Notes held by F.R. Banks not subject to collateralization 173,328 Federal Reserve notes to be collateralized 1,489,783 Collateral held against Federal Reserve notes 1,489,783 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,473,546 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 4,246,783 Less: Face value of securities under reverse repurchase agreements 490,201 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,756,582 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.