FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks August 2, 2018 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 1, 2018 Federal Reserve Banks Aug 1, 2018 Jul 25, 2018 Aug 2, 2017 Reserve Bank credit 4,232,451 - 16,806 - 193,769 4,215,960 Securities held outright (1) 4,065,313 - 16,071 - 176,988 4,048,829 U.S. Treasury securities 2,353,362 - 6,484 - 111,823 2,336,876 Bills (2) 0 0 0 0 Notes and bonds, nominal (2) 2,217,617 - 6,812 - 120,703 2,200,589 Notes and bonds, inflation-indexed (2) 114,088 + 202 + 5,870 114,592 Inflation compensation (3) 21,657 + 126 + 3,010 21,695 Federal agency debt securities (2) 2,409 0 - 5,688 2,409 Mortgage-backed securities (4) 1,709,542 - 9,587 - 59,476 1,709,544 Unamortized premiums on securities held outright (5) 148,097 - 543 - 16,751 148,003 Unamortized discounts on securities held outright (5) -13,834 + 27 + 790 -13,833 Repurchase agreements (6) 0 0 0 0 Loans 232 - 3 + 36 228 Primary credit 8 - 1 0 3 Secondary credit 0 0 0 0 Seasonal credit 224 - 2 + 36 225 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC (7) 1,716 + 5 + 6 1,716 Float -447 - 279 + 406 -418 Central bank liquidity swaps (8) 100 - 22 + 65 100 Other Federal Reserve assets (9) 31,274 + 80 - 1,335 31,334 Foreign currency denominated assets (10) 21,119 + 25 - 177 21,069 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding (11) 49,727 + 14 + 677 49,727 Total factors supplying reserve funds 4,319,538 - 16,767 - 193,269 4,302,997 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 1, 2018 Federal Reserve Banks Aug 1, 2018 Jul 25, 2018 Aug 2, 2017 Currency in circulation (11) 1,667,828 + 870 + 105,043 1,669,707 Reverse repurchase agreements (12) 239,976 - 8,321 - 126,352 235,759 Foreign official and international accounts 237,430 - 8,722 - 8,456 234,964 Others 2,545 + 400 - 117,898 795 Treasury cash holdings 207 + 6 + 43 215 Deposits with F.R. Banks, other than reserve balances 428,907 - 432 + 164,663 386,217 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 351,523 + 2,637 + 171,175 310,204 Foreign official 5,257 + 1 + 13 5,257 Other (13) 72,127 - 3,071 - 6,526 70,756 Other liabilities and capital (14) 45,072 + 681 - 2,899 44,667 Total factors, other than reserve balances, absorbing reserve funds 2,381,990 - 7,196 + 140,497 2,336,565 Reserve balances with Federal Reserve Banks 1,937,548 - 9,571 - 333,767 1,966,432 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, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. 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 1, 2018 Aug 1, 2018 Jul 25, 2018 Aug 2, 2017 Securities held in custody for foreign official and international accounts 3,434,209 + 22,384 + 100,918 3,434,330 Marketable U.S. Treasury securities (1) 3,062,078 + 20,924 + 52,584 3,060,133 Federal agency debt and mortgage-backed securities (2) 298,764 + 1,062 + 36,465 300,423 Other securities (3) 73,367 + 398 + 11,868 73,774 Securities lent to dealers 17,779 - 1,725 - 5,333 18,399 Overnight facility (4) 17,779 - 1,725 - 5,333 18,399 U.S. Treasury securities 17,779 - 1,725 - 5,333 18,399 Federal agency debt securities 0 0 0 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 1, 2018 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 69 159 0 0 0 ... 228 U.S. Treasury securities (1) Holdings 23,069 39,939 329,380 1,028,048 296,622 619,818 2,336,876 Weekly changes - 7,233 - 23,069 + 19,311 - 12,504 + 423 + 56 - 23,017 Federal agency debt securities (2) Holdings 0 0 62 0 0 2,347 2,409 Weekly changes 0 0 0 0 0 0 0 Mortgage-backed securities (3) Holdings 0 0 0 146 41,027 1,668,371 1,709,544 Weekly changes 0 0 0 0 0 + 16 + 16 Repurchase agreements (4) 0 0 ... ... ... ... 0 Central bank liquidity swaps (5) 100 0 0 0 0 0 100 Reverse repurchase agreements (4) 235,759 0 ... ... ... ... 235,759 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 Aug 1, 2018 Mortgage-backed securities held outright (1) 1,709,544 Commitments to buy mortgage-backed securities (2) 9,080 Commitments to sell mortgage-backed securities (2) 0 Cash and cash equivalents (3) 2 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 1, 2018 Net portfolio holdings of Maiden Lane LLC (1) 1,716 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. Assets are revalued quarterly. 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 1, 2018 Wednesday Wednesday consolidation Jul 25, 2018 Aug 2, 2017 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,767 + 4 - 72 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,183,227 - 23,248 - 209,413 Securities held outright (1) 4,048,829 - 23,001 - 193,488 U.S. Treasury securities 2,336,876 - 23,017 - 128,319 Bills (2) 0 0 0 Notes and bonds, nominal (2) 2,200,589 - 23,840 - 136,976 Notes and bonds, inflation-indexed (2) 114,592 + 706 + 5,619 Inflation compensation (3) 21,695 + 117 + 3,038 Federal agency debt securities (2) 2,409 0 - 5,688 Mortgage-backed securities (4) 1,709,544 + 16 - 59,482 Unamortized premiums on securities held outright (5) 148,003 - 254 - 16,742 Unamortized discounts on securities held outright (5) -13,833 + 16 + 789 Repurchase agreements (6) 0 0 0 Loans 228 - 8 + 28 Net portfolio holdings of Maiden Lane LLC (7) 1,716 + 1 + 6 Items in process of collection (0) 202 0 + 128 Bank premises 2,179 - 7 - 13 Central bank liquidity swaps (8) 100 - 22 + 65 Foreign currency denominated assets (9) 21,069 - 67 - 417 Other assets (10) 29,155 + 1,310 - 1,478 Total assets (0) 4,255,653 - 22,028 - 211,193 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 1, 2018 Wednesday Wednesday consolidation Jul 25, 2018 Aug 2, 2017 Liabilities Federal Reserve notes, net of F.R. Bank holdings 1,621,958 + 1,411 + 103,563 Reverse repurchase agreements (11) 235,759 - 14,581 - 125,818 Deposits (0) 2,352,649 - 9,901 - 185,718 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 1,966,432 + 19,144 - 325,145 U.S. Treasury, General Account 310,204 - 28,774 + 144,797 Foreign official 5,257 + 1 + 91 Other (12) (0) 70,756 - 273 - 5,462 Deferred availability cash items (0) 620 + 256 - 28 Other liabilities and accrued dividends (13) 5,763 + 788 - 1,226 Total liabilities (0) 4,216,748 - 22,028 - 209,229 Capital accounts Capital paid in 32,079 - 1 + 1,210 Surplus 6,825 0 - 3,175 Other capital accounts 0 0 0 Total capital 38,904 - 1 - 1,965 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, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. 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 1, 2018 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 11,037 364 3,626 350 544 773 1,491 739 334 199 307 905 1,405 Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574 Coin 1,767 39 39 162 116 250 198 290 31 46 105 200 291 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,183,227 79,891 2,309,340 105,612 118,589 247,534 251,111 224,052 55,781 34,993 65,853 172,970 517,501 Securities held outright (1) 4,048,829 77,328 2,235,267 102,224 114,786 239,594 243,038 216,847 53,903 33,787 63,738 167,418 500,897 U.S. Treasury securities 2,336,876 44,632 1,290,137 59,001 66,251 138,287 140,275 125,158 31,112 19,501 36,788 96,629 289,105 Bills (2) 0 0 0 0 0 0 0 0 0 0 0 0 0 Notes and bonds (3) 2,336,876 44,632 1,290,137 59,001 66,251 138,287 140,275 125,158 31,112 19,501 36,788 96,629 289,105 Federal agency debt securities (2) 2,409 46 1,330 61 68 143 145 129 32 20 38 100 298 Mortgage-backed securities (4) 1,709,544 32,650 943,801 43,162 48,466 101,164 102,618 91,559 22,760 14,266 26,912 70,689 211,495 Unamortized premiums on securities held outright (5) 148,003 2,827 81,709 3,737 4,196 8,758 8,884 7,927 1,970 1,235 2,330 6,120 18,310 Unamortized discounts on securities held outright (5) -13,833 -264 -7,637 -349 -392 -819 -830 -741 -184 -115 -218 -572 -1,711 Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 228 0 0 0 0 0 19 20 91 86 3 4 5 Net portfolio holdings of Maiden Lane LLC (7) 1,716 0 1,716 0 0 0 0 0 0 0 0 0 0 Items in process of collection 202 0 0 0 0 0 202 0 0 1 0 0 0 Bank premises 2,179 109 441 75 118 195 203 197 106 95 233 219 188 Central bank liquidity swaps (8) 100 4 32 6 8 22 6 4 1 0 1 1 15 Foreign currency denominated assets (9) 21,069 896 6,643 1,197 1,700 4,551 1,217 893 304 97 209 261 3,101 Other assets (10) 29,155 596 15,640 733 844 1,934 1,751 1,540 489 312 529 1,205 3,583 Interdistrict settlement account 0 + 3,616 + 18,331 - 5,128 + 2,468 + 2,102 + 28,255 - 9,471 + 996 - 754 - 7,124 + 8,704 - 41,997 Total assets 4,255,653 85,712 2,357,626 103,216 124,625 257,773 285,088 218,669 58,192 35,079 60,266 184,747 484,660 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 1, 2018 (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 1,800,192 58,793 605,028 53,765 87,284 124,951 260,419 113,088 53,590 30,387 46,930 148,206 217,752 Less: Notes held by F.R. Banks 178,234 6,032 46,170 6,662 9,121 14,182 27,518 12,143 5,225 3,098 5,457 16,463 26,163 Federal Reserve notes, net 1,621,958 52,761 558,857 47,103 78,163 110,769 232,901 100,945 48,365 27,289 41,473 131,743 191,589 Reverse repurchase agreements (11) 235,759 4,503 130,157 5,952 6,684 13,951 14,152 12,627 3,139 1,967 3,711 9,749 29,167 Deposits 2,352,649 26,627 1,653,761 47,686 36,442 124,121 35,195 103,108 5,941 5,074 14,549 42,496 257,649 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 1,966,432 26,592 1,317,193 47,683 36,368 123,639 35,159 54,422 5,935 5,018 14,529 42,253 257,641 U.S. Treasury, General Account 310,204 0 310,204 0 0 0 0 0 0 0 0 0 0 Foreign official 5,257 2 5,230 2 3 9 2 2 1 0 0 0 6 Other (12) 70,756 33 21,135 1 71 474 34 48,684 5 56 20 242 2 Deferred availability cash items 620 0 0 0 0 0 200 0 0 420 0 0 0 Earnings remittances due to the U.S. Treasury (13) 1,229 33 593 30 38 82 112 67 21 12 19 69 151 Other liabilities and accrued dividends 4,534 154 1,896 189 195 490 295 297 136 139 137 212 396 Total liabilities 4,216,748 84,078 2,345,265 100,960 121,521 249,413 282,855 217,043 57,601 34,902 59,890 184,268 478,952 Capital Capital paid in 32,079 1,343 10,210 1,868 2,553 6,885 1,838 1,337 493 146 308 395 4,704 Surplus 6,825 290 2,151 388 551 1,474 394 289 98 31 68 84 1,005 Other capital 0 0 0 0 0 0 0 0 0 0 0 0 0 Total liabilities and capital 4,255,653 85,712 2,357,626 103,216 124,625 257,773 285,088 218,669 58,192 35,079 60,266 184,747 484,660 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 1, 2018 (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, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. 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 $6.825 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 1, 2018 Federal Reserve notes outstanding 1,800,192 Less: Notes held by F.R. Banks not subject to collateralization 178,234 Federal Reserve notes to be collateralized 1,621,958 Collateral held against Federal Reserve notes 1,621,958 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,605,721 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 4,048,829 Less: Face value of securities under reverse repurchase agreements 235,161 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,813,668 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.