FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks August 17, 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 Aug 16, 2017 Federal Reserve Banks Aug 16, 2017 Aug 9, 2017 Aug 17, 2016 Reserve Bank credit 4,429,877 + 1,432 - 8,370 4,423,240 Securities held outright (1) 4,246,347 + 4,010 + 4,305 4,251,319 U.S. Treasury securities 2,465,238 + 26 + 2,168 2,465,247 Bills (2) 0 0 0 0 Notes and bonds, nominal (2) 2,337,565 0 - 4,697 2,337,565 Notes and bonds, inflation-indexed (2) 108,973 0 + 5,377 108,973 Inflation compensation (3) 18,699 + 26 + 1,486 18,709 Federal agency debt securities (2) 8,097 0 - 14,395 8,097 Mortgage-backed securities (4) 1,773,013 + 3,984 + 16,534 1,777,975 Unamortized premiums on securities held outright (5) 164,441 - 141 - 14,881 164,467 Unamortized discounts on securities held outright (5) -14,592 + 11 + 1,091 -14,628 Repurchase agreements (6) 0 0 0 0 Loans 229 + 25 + 21 213 Primary credit 18 + 16 + 15 2 Secondary credit 0 0 0 0 Seasonal credit 211 + 9 + 6 211 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC (7) 1,710 0 + 3 1,708 Float -331 - 54 + 67 -269 Central bank liquidity swaps (8) 36 0 - 69 36 Other Federal Reserve assets (9) 32,036 - 2,420 + 1,092 20,394 Foreign currency denominated assets (10) 21,372 + 75 - 132 21,204 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding (11) 49,070 + 14 + 838 49,070 Total factors supplying reserve funds 4,516,561 + 1,521 - 7,663 4,509,755 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 Aug 16, 2017 Federal Reserve Banks Aug 16, 2017 Aug 9, 2017 Aug 17, 2016 Currency in circulation (11) 1,565,711 + 370 + 101,304 1,566,526 Reverse repurchase agreements (12) 328,519 - 9,191 + 25,175 337,323 Foreign official and international accounts 240,551 + 99 - 4,698 244,483 Others 87,968 - 9,289 + 29,873 92,840 Treasury cash holdings 167 - 4 + 54 176 Deposits with F.R. Banks, other than reserve balances 236,888 + 5,236 - 142,450 192,776 Term deposits held by depository institutions 14,733 + 14,733 - 43,861 14,733 U.S. Treasury, General Account 130,954 - 18,908 - 129,856 96,029 Foreign official 5,168 - 1 - 20 5,165 Other (13) 86,033 + 9,412 + 31,288 76,849 Other liabilities and capital (14) 48,888 + 1,016 + 410 47,982 Total factors, other than reserve balances, absorbing reserve funds 2,180,173 - 2,574 - 15,507 2,144,783 Reserve balances with Federal Reserve Banks 2,336,388 + 4,095 + 7,844 2,364,971 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 securities, Federal agency debt securities, and 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 Aug 16, 2017 Aug 16, 2017 Aug 9, 2017 Aug 17, 2016 Securities held in custody for foreign official and international accounts 3,332,639 - 3,517 + 129,266 3,333,673 Marketable U.S. Treasury securities (1) 3,009,333 - 2,641 + 131,956 3,012,167 Federal agency debt and mortgage-backed securities (2) 261,574 - 841 - 5,231 260,161 Other securities (3) 61,731 - 36 + 2,540 61,345 Securities lent to dealers 21,760 - 1,194 + 243 21,972 Overnight facility (4) 21,760 - 1,194 + 243 21,972 U.S. Treasury securities 21,760 - 1,194 + 253 21,972 Federal agency debt securities 0 0 - 10 0 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, August 16, 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 72 141 0 0 0 ... 213 U.S. Treasury securities (1) Holdings 3,197 19,648 321,357 1,163,475 312,184 645,386 2,465,247 Weekly changes - 15,458 - 3,197 + 23,070 + 33,511 - 49,350 + 11,449 + 26 Federal agency debt securities (2) Holdings 1,340 0 4,348 62 0 2,347 8,097 Weekly changes 0 0 0 0 0 0 0 Mortgage-backed securities (3) Holdings 0 0 0 808 13,355 1,763,811 1,777,975 Weekly changes 0 0 0 + 16 + 304 + 8,626 + 8,946 Repurchase agreements (4) 0 0 ... ... ... ... 0 Central bank liquidity swaps (5) 36 0 0 0 0 0 36 Reverse repurchase agreements (4) 337,323 0 ... ... ... ... 337,323 Term deposits 14,733 0 0 ... ... ... 14,733 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 Aug 16, 2017 Mortgage-backed securities held outright (1) 1,777,975 Commitments to buy mortgage-backed securities (2) 20,273 Commitments to sell mortgage-backed securities (2) 0 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 Aug 16, 2017 Net portfolio holdings of Maiden Lane LLC (1) 1,708 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, 2017. 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 Aug 16, 2017 Wednesday Wednesday consolidation Aug 9, 2017 Aug 17, 2016 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,847 - 4 - 83 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,401,371 + 8,906 - 1,586 Securities held outright (1) 4,251,319 + 8,972 + 12,026 U.S. Treasury securities 2,465,247 + 26 + 1,800 Bills (2) 0 0 0 Notes and bonds, nominal (2) 2,337,565 0 - 5,039 Notes and bonds, inflation-indexed (2) 108,973 0 + 5,377 Inflation compensation (3) 18,709 + 26 + 1,462 Federal agency debt securities (2) 8,097 0 - 14,395 Mortgage-backed securities (4) 1,777,975 + 8,946 + 24,621 Unamortized premiums on securities held outright (5) 164,467 - 36 - 14,663 Unamortized discounts on securities held outright (5) -14,628 - 35 + 1,049 Repurchase agreements (6) 0 0 0 Loans 213 + 5 + 1 Net portfolio holdings of Maiden Lane LLC (7) 1,708 - 2 + 1 Items in process of collection (0) 73 + 8 - 148 Bank premises 2,196 0 - 15 Central bank liquidity swaps (8) 36 0 - 69 Foreign currency denominated assets (9) 21,204 - 107 - 423 Other assets (10) 18,198 - 15,014 - 1,283 Total assets (0) 4,462,871 - 6,212 - 3,605 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 Aug 16, 2017 Wednesday Wednesday consolidation Aug 9, 2017 Aug 17, 2016 Liabilities Federal Reserve notes, net of F.R. Bank holdings 1,519,475 - 576 + 100,876 Reverse repurchase agreements (11) 337,323 - 5,946 + 13,630 Deposits (0) 2,557,748 - 322 - 118,893 Term deposits held by depository institutions 14,733 + 14,733 - 43,861 Other deposits held by depository institutions 2,364,972 + 28,657 + 29,099 U.S. Treasury, General Account 96,029 - 43,524 - 145,397 Foreign official 5,165 0 - 100 Other (12) (0) 76,849 - 188 + 41,366 Deferred availability cash items (0) 343 - 132 - 179 Other liabilities and accrued dividends (13) 7,009 + 667 + 127 Total liabilities (0) 4,421,897 - 6,310 - 4,440 Capital accounts Capital paid in 30,974 + 98 + 835 Surplus 10,000 0 0 Other capital accounts 0 0 0 Total capital 40,974 + 98 + 835 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 securities, Federal agency debt securities, and 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, August 16, 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 11,037 349 3,592 348 553 776 1,520 737 341 191 292 916 1,422 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574 Coin 1,847 45 53 178 132 256 202 293 29 50 114 192 305 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,401,371 85,752 2,478,257 113,636 127,630 257,867 259,074 185,139 58,735 34,419 62,434 176,196 562,233 Securities held outright (1) 4,251,319 82,831 2,393,883 109,767 123,284 249,087 250,248 178,805 56,690 33,145 60,294 170,193 543,090 U.S. Treasury securities 2,465,247 48,032 1,388,161 63,652 71,490 144,440 145,114 103,685 32,874 19,220 34,963 98,691 314,926 Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Notes and bonds (3) 2,465,247 48,032 1,388,161 63,652 71,490 144,440 145,114 103,685 32,874 19,220 34,963 98,691 314,926 Federal agency debt securities (2) 8,097 158 4,559 209 235 474 477 341 108 63 115 324 1,034 Mortgage-backed securities (4) 1,777,975 34,642 1,001,163 45,907 51,560 104,173 104,658 74,779 23,709 13,862 25,216 71,178 227,130 Unamortized premiums on securities held outright (5) 164,467 3,204 92,610 4,246 4,769 9,636 9,681 6,917 2,193 1,282 2,333 6,584 21,010 Unamortized discounts on securities held outright (5) -14,628 -285 -8,237 -378 -424 -857 -861 -615 -195 -114 -207 -586 -1,869 Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 213 1 1 0 0 0 6 32 46 105 15 4 2 Net portfolio holdings of Maiden Lane LLC (7) 1,708 0 1,708 0 0 0 0 0 0 0 0 0 0 Items in process of collection 73 0 0 0 0 0 73 0 0 0 0 0 0 Bank premises 2,196 119 443 72 115 199 203 199 111 88 236 220 192 Central bank liquidity swaps (8) 36 2 12 2 3 8 2 2 0 0 0 0 5 Foreign currency denominated assets (9) 21,204 919 6,791 1,140 1,727 4,582 1,237 887 232 90 206 271 3,122 Other assets (10) 18,198 405 9,749 467 537 1,258 1,080 761 343 167 333 796 2,302 Interdistrict settlement account 0 - 8,595 - 34,398 - 2,683 - 4,928 - 12,428 - 392 + 38,738 - 1,170 + 1,852 + 5,845 + 2,941 + 15,218 Total assets 4,462,871 79,191 2,468,025 113,370 126,005 252,929 263,653 227,180 58,770 36,948 69,613 181,814 585,373 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, August 16, 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 1,698,901 56,669 543,338 55,458 85,632 122,019 225,820 115,199 52,415 31,425 48,443 142,342 220,141 Less: Notes held by F.R. Banks 179,427 6,317 46,965 7,131 9,865 13,799 25,310 11,912 5,566 3,075 5,442 17,264 26,780 Federal Reserve notes, net 1,519,475 50,352 496,373 48,327 75,766 108,220 200,510 103,287 46,850 28,350 43,001 125,078 193,361 Reverse repurchase agreements (11) 337,323 6,572 189,944 8,710 9,782 19,764 19,856 14,187 4,498 2,630 4,784 13,504 43,092 Deposits 2,557,748 20,310 1,765,047 53,832 36,873 115,547 40,401 107,592 6,804 5,361 21,264 42,421 342,295 Term deposits held by depository institutions 14,733 26 5,680 3,000 752 0 0 1,875 0 0 700 400 2,300 Other deposits held by depository institutions 2,364,972 20,279 1,639,365 50,830 36,118 115,276 40,392 47,980 6,801 5,361 20,562 42,019 339,988 U.S. Treasury, General Account 96,029 0 96,029 0 0 0 0 0 0 0 0 0 0 Foreign official 5,165 2 5,138 2 3 9 2 2 0 0 0 1 6 Other (12) 76,849 3 18,835 0 0 263 7 57,735 3 0 1 1 1 Deferred availability cash items 343 0 0 0 0 0 75 0 0 267 0 0 0 Earnings remittances due to the U.S. Treasury (13) 1,097 18 654 22 22 17 89 33 19 11 18 65 129 Other liabilities and accrued dividends 5,912 170 2,939 207 211 527 352 330 144 141 144 232 513 Total liabilities 4,421,897 77,423 2,454,957 111,097 122,655 244,075 261,283 225,430 58,316 36,761 69,211 181,300 579,389 Capital Capital paid in 30,974 1,334 9,865 1,735 2,536 6,693 1,787 1,332 345 144 305 386 4,511 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 4,462,871 79,191 2,468,025 113,370 126,005 252,929 263,653 227,180 58,770 36,948 69,613 181,814 585,373 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, August 16, 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 securities, Federal agency debt securities, and 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 Aug 16, 2017 Federal Reserve notes outstanding 1,698,901 Less: Notes held by F.R. Banks not subject to collateralization 179,427 Federal Reserve notes to be collateralized 1,519,475 Collateral held against Federal Reserve notes 1,519,475 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,503,238 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 4,251,319 Less: Face value of securities under reverse repurchase agreements 325,283 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,926,036 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.