FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks October 25, 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 Oct 24, 2018 Federal Reserve Banks Oct 24, 2018 Oct 17, 2018 Oct 25, 2017 Reserve Bank credit 4,136,629 - 2,589 - 290,991 4,134,059 Securities held outright (1) 3,976,229 - 3,178 - 271,424 3,973,580 U.S. Treasury securities 2,294,215 - 23 - 171,481 2,294,215 Bills (2) 60 - 40 + 60 53 Notes and bonds, nominal (2) 2,156,595 0 - 180,731 2,156,595 Notes and bonds, inflation-indexed (2) 115,579 0 + 6,167 115,579 Inflation compensation (3) 21,982 + 18 + 3,025 21,988 Federal agency debt securities (2) 2,409 0 - 4,348 2,409 Mortgage-backed securities (4) 1,679,605 - 3,155 - 95,595 1,676,956 Unamortized premiums on securities held outright (5) 143,925 - 387 - 17,825 143,722 Unamortized discounts on securities held outright (5) -13,583 + 30 + 763 -13,572 Repurchase agreements (6) 0 0 0 0 Loans 202 + 10 + 58 234 Primary credit 16 + 8 + 10 48 Secondary credit 0 0 0 0 Seasonal credit 186 + 2 + 49 186 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC (7) 7 0 - 1,699 7 Float -143 + 87 + 109 -203 Central bank liquidity swaps (8) 80 - 9 + 43 80 Other Federal Reserve assets (9) 29,911 + 857 - 1,018 30,211 Foreign currency denominated assets (10) 20,808 - 121 - 281 20,698 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding (11) 49,815 + 14 + 586 49,815 Total factors supplying reserve funds 4,223,494 - 2,695 - 290,685 4,220,813 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 24, 2018 Federal Reserve Banks Oct 24, 2018 Oct 17, 2018 Oct 25, 2017 Currency in circulation (11) 1,689,831 - 1,401 + 106,248 1,690,508 Reverse repurchase agreements (12) 227,887 + 8,633 - 108,731 225,937 Foreign official and international accounts 222,724 + 4,313 - 9,666 219,493 Others 5,162 + 4,319 - 99,066 6,444 Treasury cash holdings 230 + 3 + 14 230 Deposits with F.R. Banks, other than reserve balances 442,539 + 25,617 + 140,885 434,191 Term deposits held by depository institutions 0 0 - 14,140 0 U.S. Treasury, General Account 369,576 + 36,653 + 173,244 360,681 Foreign official 5,256 0 + 48 5,256 Other (13) 67,707 - 11,036 - 18,266 68,254 Other liabilities and capital (14) 45,398 + 378 - 2,880 44,938 Total factors, other than reserve balances, absorbing reserve funds 2,405,885 + 33,230 + 135,538 2,395,804 Reserve balances with Federal Reserve Banks 1,817,608 - 35,925 - 426,224 1,825,009 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 Oct 24, 2018 Oct 24, 2018 Oct 17, 2018 Oct 25, 2017 Securities held in custody for foreign official and international accounts 3,434,257 + 880 + 69,472 3,427,918 Marketable U.S. Treasury securities (1) 3,060,660 + 1,845 + 22,228 3,055,616 Federal agency debt and mortgage-backed securities (2) 307,060 - 516 + 45,281 305,631 Other securities (3) 66,537 - 449 + 1,963 66,672 Securities lent to dealers 15,375 - 1,603 - 8,684 16,125 Overnight facility (4) 15,375 - 1,603 - 8,684 16,125 U.S. Treasury securities 15,375 - 1,603 - 8,684 16,125 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, October 24, 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 227 7 0 0 0 ... 234 U.S. Treasury securities (1) Holdings 23,886 79,515 308,510 999,360 265,781 617,162 2,294,215 Weekly changes + 53 - 100 0 + 3 + 6 + 8 - 30 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 2 194 49,483 1,627,276 1,676,956 Weekly changes 0 0 0 0 0 - 3,153 - 3,153 Repurchase agreements (4) 0 0 ... ... ... ... 0 Central bank liquidity swaps (5) 80 0 0 0 0 0 80 Reverse repurchase agreements (4) 225,937 0 ... ... ... ... 225,937 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 24, 2018 Mortgage-backed securities held outright (1) 1,676,956 Commitments to buy mortgage-backed securities (2) 2,862 Commitments to sell mortgage-backed securities (2) 0 Cash and cash equivalents (3) 3 1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. 3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6. 4. Information on Principal Accounts of Maiden Lane LLC Millions of dollars Account name Wednesday Oct 24, 2018 Net portfolio holdings of Maiden Lane LLC (1) 7 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. 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 24, 2018 Wednesday Wednesday consolidation Oct 17, 2018 Oct 25, 2017 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,746 - 1 - 93 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,103,964 - 3,543 - 286,440 Securities held outright (1) 3,973,580 - 3,183 - 269,468 U.S. Treasury securities 2,294,215 - 30 - 171,512 Bills (2) 53 - 47 + 53 Notes and bonds, nominal (2) 2,156,595 0 - 180,731 Notes and bonds, inflation-indexed (2) 115,579 0 + 6,167 Inflation compensation (3) 21,988 + 17 + 2,999 Federal agency debt securities (2) 2,409 0 - 4,348 Mortgage-backed securities (4) 1,676,956 - 3,153 - 93,607 Unamortized premiums on securities held outright (5) 143,722 - 415 - 17,818 Unamortized discounts on securities held outright (5) -13,572 + 30 + 761 Repurchase agreements (6) 0 0 0 Loans 234 + 25 + 85 Net portfolio holdings of Maiden Lane LLC (7) 7 0 - 1,704 Items in process of collection (0) 126 - 20 + 72 Bank premises 2,188 + 2 - 13 Central bank liquidity swaps (8) 80 - 9 + 43 Foreign currency denominated assets (9) 20,698 - 191 - 396 Other assets (10) 28,023 + 1,385 + 484 Total assets (0) 4,173,070 - 2,376 - 288,047 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 24, 2018 Wednesday Wednesday consolidation Oct 17, 2018 Oct 25, 2017 Liabilities Federal Reserve notes, net of F.R. Bank holdings 1,642,665 - 986 + 105,789 Reverse repurchase agreements (11) 225,937 + 5,560 - 121,966 Deposits (0) 2,259,200 - 7,517 - 269,319 Term deposits held by depository institutions 0 0 - 14,140 Other deposits held by depository institutions 1,825,010 - 6,608 - 416,608 U.S. Treasury, General Account 360,681 + 43 + 175,589 Foreign official 5,256 0 + 90 Other (12) (0) 68,254 - 950 - 14,249 Deferred availability cash items (0) 329 + 10 + 11 Other liabilities and accrued dividends (13) 5,843 + 597 - 432 Total liabilities (0) 4,133,976 - 2,333 - 285,915 Capital accounts Capital paid in 32,269 - 43 + 1,042 Surplus 6,825 0 - 3,175 Other capital accounts 0 0 0 Total capital 39,094 - 43 - 2,133 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, October 24, 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 1,746 46 38 158 118 238 184 289 30 44 108 200 293 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,103,964 78,378 2,265,585 103,611 116,342 242,844 246,353 219,798 54,721 34,310 64,613 169,688 507,721 Securities held outright (1) 3,973,580 75,891 2,193,724 100,325 112,652 235,141 238,521 212,816 52,901 33,159 62,554 164,307 491,588 U.S. Treasury securities 2,294,215 43,817 1,266,584 57,924 65,042 135,763 137,714 122,873 30,544 19,145 36,116 94,865 283,827 Bills (2) 53 1 29 1 2 3 3 3 1 0 1 2 7 Notes and bonds (3) 2,294,162 43,816 1,266,555 57,923 65,040 135,760 137,711 122,870 30,543 19,145 36,116 94,863 283,820 Federal agency debt securities (2) 2,409 46 1,330 61 68 143 145 129 32 20 38 100 298 Mortgage-backed securities (4) 1,676,956 32,028 925,810 42,340 47,542 99,236 100,662 89,814 22,326 13,994 26,399 69,342 207,463 Unamortized premiums on securities held outright (5) 143,722 2,745 79,346 3,629 4,075 8,505 8,627 7,697 1,913 1,199 2,263 5,943 17,780 Unamortized discounts on securities held outright (5) -13,572 -259 -7,493 -343 -385 -803 -815 -727 -181 -113 -214 -561 -1,679 Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 234 1 8 0 0 1 19 11 86 65 11 0 31 Net portfolio holdings of Maiden Lane LLC (7) 7 0 7 0 0 0 0 0 0 0 0 0 0 Items in process of collection 126 0 0 0 0 0 126 0 0 0 0 0 0 Bank premises 2,188 109 446 79 117 195 205 196 106 95 233 219 188 Central bank liquidity swaps (8) 80 3 25 5 6 17 5 3 1 0 1 1 12 Foreign currency denominated assets (9) 20,698 881 6,526 1,176 1,670 4,471 1,196 877 299 95 205 256 3,046 Other assets (10) 28,023 572 14,998 702 805 1,858 1,681 1,472 449 283 508 1,268 3,428 Interdistrict settlement account 0 + 2,323 + 21,803 - 8,081 + 5,735 - 1,003 + 28,414 - 4,436 + 2,467 - 406 - 6,018 + 5,081 - 45,879 Total assets 4,173,070 82,872 2,314,872 98,210 125,575 249,805 280,308 219,363 58,557 34,711 60,111 177,900 470,787 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 24, 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 1,847,709 58,428 613,429 54,527 88,600 125,808 263,661 120,455 55,576 30,485 49,703 150,155 236,880 Less: Notes held by F.R. Banks 205,043 6,647 56,876 7,481 9,954 14,900 31,601 13,555 5,788 3,176 6,141 17,991 30,933 Federal Reserve notes, net 1,642,665 51,780 556,554 47,046 78,646 110,908 232,060 106,900 49,788 27,309 43,562 132,164 205,948 Reverse repurchase agreements (11) 225,937 4,315 124,735 5,704 6,405 13,370 13,562 12,101 3,008 1,885 3,557 9,342 27,952 Deposits 2,259,200 24,941 1,618,698 42,971 37,153 116,586 31,883 98,348 5,015 4,973 12,432 35,630 230,570 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 1,825,010 24,910 1,229,884 42,968 37,105 116,069 31,848 53,803 5,008 4,921 12,419 35,512 230,562 U.S. Treasury, General Account 360,681 0 360,681 0 0 0 0 0 0 0 0 0 0 Foreign official 5,256 2 5,228 2 3 9 2 2 1 0 0 0 6 Other (12) 68,254 30 22,906 1 44 508 33 44,543 6 52 13 118 2 Deferred availability cash items 329 0 0 0 0 0 123 0 0 206 0 0 0 Earnings remittances due to the U.S. Treasury (13) 855 15 463 14 20 7 83 47 17 11 19 58 101 Other liabilities and accrued dividends 4,988 186 1,983 218 224 570 338 328 140 149 162 223 468 Total liabilities 4,133,976 81,238 2,302,433 95,954 122,448 241,441 278,050 217,724 57,968 34,534 59,732 177,417 465,037 Capital Capital paid in 32,269 1,343 10,288 1,868 2,576 6,890 1,863 1,349 490 146 311 398 4,745 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 4,173,070 82,872 2,314,872 98,210 125,575 249,805 280,308 219,363 58,557 34,711 60,111 177,900 470,787 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 24, 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 Oct 24, 2018 Federal Reserve notes outstanding 1,847,709 Less: Notes held by F.R. Banks not subject to collateralization 205,043 Federal Reserve notes to be collateralized 1,642,665 Collateral held against Federal Reserve notes 1,642,665 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,626,429 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 3,973,580 Less: Face value of securities under reverse repurchase agreements 227,212 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,746,367 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.