FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks November 1, 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 31, 2018 Federal Reserve Banks Oct 31, 2018 Oct 24, 2018 Nov 1, 2017 Reserve Bank credit 4,121,289 - 15,340 - 299,519 4,100,108 Securities held outright (1) 3,962,219 - 14,010 - 279,235 3,941,797 U.S. Treasury securities 2,290,821 - 3,394 - 173,249 2,270,399 Bills (2) 53 - 7 + 53 53 Notes and bonds, nominal (2) 2,153,190 - 3,405 - 182,386 2,132,762 Notes and bonds, inflation-indexed (2) 115,579 0 + 6,131 115,579 Inflation compensation (3) 21,999 + 17 + 2,953 22,005 Federal agency debt securities (2) 2,409 0 - 4,348 2,409 Mortgage-backed securities (4) 1,668,989 - 10,616 - 101,638 1,668,989 Unamortized premiums on securities held outright (5) 143,331 - 594 - 18,041 143,237 Unamortized discounts on securities held outright (5) -13,551 + 32 + 765 -13,540 Repurchase agreements (6) 0 0 0 0 Loans 187 - 15 + 82 230 Primary credit 14 - 2 + 6 61 Secondary credit 0 0 0 0 Seasonal credit 173 - 13 + 76 169 Other credit extensions 0 0 0 0 Net portfolio holdings of Maiden Lane LLC (7) 7 0 - 1,704 7 Float -352 - 209 + 170 -877 Central bank liquidity swaps (8) 80 0 + 40 80 Other Federal Reserve assets (9) 29,368 - 543 - 1,596 29,174 Foreign currency denominated assets (10) 20,711 - 97 - 182 20,626 Gold stock 11,041 0 0 11,041 Special drawing rights certificate account 5,200 0 0 5,200 Treasury currency outstanding (11) 49,829 + 14 + 581 49,829 Total factors supplying reserve funds 4,208,070 - 15,424 - 299,119 4,186,805 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 31, 2018 Federal Reserve Banks Oct 31, 2018 Oct 24, 2018 Nov 1, 2017 Currency in circulation (11) 1,691,432 + 1,601 + 106,017 1,696,031 Reverse repurchase agreements (12) 223,760 - 4,127 - 127,548 236,530 Foreign official and international accounts 221,583 - 1,141 - 18,433 231,715 Others 2,176 - 2,986 - 109,115 4,815 Treasury cash holdings 230 0 + 13 232 Deposits with F.R. Banks, other than reserve balances 446,112 + 3,573 + 166,390 438,541 Term deposits held by depository institutions 0 0 0 0 U.S. Treasury, General Account 373,368 + 3,792 + 179,822 366,596 Foreign official 5,301 + 45 + 133 5,257 Other (13) 67,443 - 264 - 13,565 66,688 Other liabilities and capital (14) 44,283 - 1,115 - 3,029 43,929 Total factors, other than reserve balances, absorbing reserve funds 2,405,817 - 68 + 141,843 2,415,264 Reserve balances with Federal Reserve Banks 1,802,252 - 15,356 - 440,963 1,771,541 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 31, 2018 Oct 31, 2018 Oct 24, 2018 Nov 1, 2017 Securities held in custody for foreign official and international accounts 3,414,455 - 19,802 + 48,697 3,404,618 Marketable U.S. Treasury securities (1) 3,042,515 - 18,145 + 3,940 3,032,247 Federal agency debt and mortgage-backed securities (2) 305,424 - 1,636 + 42,924 306,038 Other securities (3) 66,515 - 22 + 1,831 66,334 Securities lent to dealers 15,620 + 245 - 9,718 18,052 Overnight facility (4) 15,620 + 245 - 9,718 18,052 U.S. Treasury securities 15,620 + 245 - 9,718 18,052 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 31, 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 199 30 0 0 0 ... 230 U.S. Treasury securities (1) Holdings 34,357 45,211 324,193 985,372 264,095 617,170 2,270,399 Weekly changes + 10,471 - 34,304 + 15,683 - 13,988 - 1,686 + 8 - 23,816 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 2 189 48,702 1,620,096 1,668,989 Weekly changes 0 0 0 - 5 - 781 - 7,180 - 7,967 Repurchase agreements (4) 0 0 ... ... ... ... 0 Central bank liquidity swaps (5) 80 0 0 0 0 0 80 Reverse repurchase agreements (4) 236,530 0 ... ... ... ... 236,530 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 31, 2018 Mortgage-backed securities held outright (1) 1,668,989 Commitments to buy mortgage-backed securities (2) 2,943 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 Oct 31, 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 31, 2018 Wednesday Wednesday consolidation Oct 24, 2018 Nov 1, 2017 Assets Gold certificate account 11,037 0 0 Special drawing rights certificate account 5,200 0 0 Coin 1,737 - 9 - 95 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,071,724 - 32,240 - 312,507 Securities held outright (1) 3,941,797 - 31,783 - 295,417 U.S. Treasury securities 2,270,399 - 23,816 - 189,428 Bills (2) 53 0 + 53 Notes and bonds, nominal (2) 2,132,762 - 23,833 - 198,439 Notes and bonds, inflation-indexed (2) 115,579 0 + 6,042 Inflation compensation (3) 22,005 + 17 + 2,917 Federal agency debt securities (2) 2,409 0 - 4,348 Mortgage-backed securities (4) 1,668,989 - 7,967 - 101,641 Unamortized premiums on securities held outright (5) 143,237 - 485 - 18,037 Unamortized discounts on securities held outright (5) -13,540 + 32 + 770 Repurchase agreements (6) 0 0 0 Loans 230 - 4 + 178 Net portfolio holdings of Maiden Lane LLC (7) 7 0 - 1,705 Items in process of collection (0) 146 + 20 + 80 Bank premises 2,210 + 22 + 11 Central bank liquidity swaps (8) 80 0 + 40 Foreign currency denominated assets (9) 20,626 - 72 - 239 Other assets (10) 26,964 - 1,059 - 1,741 Total assets (0) 4,139,731 - 33,339 - 316,156 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 31, 2018 Wednesday Wednesday consolidation Oct 24, 2018 Nov 1, 2017 Liabilities Federal Reserve notes, net of F.R. Bank holdings 1,648,166 + 5,501 + 106,072 Reverse repurchase agreements (11) 236,530 + 10,593 - 83,406 Deposits (0) 2,210,082 - 49,118 - 336,206 Term deposits held by depository institutions 0 0 0 Other deposits held by depository institutions 1,771,541 - 53,469 - 509,931 U.S. Treasury, General Account 366,596 + 5,915 + 184,832 Foreign official 5,257 + 1 + 80 Other (12) (0) 66,688 - 1,566 - 11,187 Deferred availability cash items (0) 1,022 + 693 + 519 Other liabilities and accrued dividends (13) 4,833 - 1,010 - 1,017 Total liabilities (0) 4,100,634 - 33,342 - 314,036 Capital accounts Capital paid in 32,271 + 2 + 1,054 Surplus 6,825 0 - 3,175 Other capital accounts 0 0 0 Total capital 39,096 + 2 - 2,121 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 31, 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 1,737 46 36 155 118 236 182 288 29 44 108 200 294 Securities, unamortized premiums and discounts, repurchase agreements, and loans 4,071,724 77,762 2,247,783 102,797 115,428 240,938 244,411 218,075 54,284 34,036 64,106 168,356 503,748 Securities held outright (1) 3,941,797 75,284 2,176,177 99,522 111,751 233,260 236,613 211,114 52,478 32,894 62,053 162,992 487,656 U.S. Treasury securities 2,270,399 43,362 1,253,436 57,323 64,367 134,353 136,285 121,598 30,227 18,946 35,741 93,881 280,880 Bills (2) 53 1 29 1 2 3 3 3 1 0 1 2 7 Notes and bonds (3) 2,270,346 43,361 1,253,407 57,321 64,365 134,350 136,282 121,595 30,226 18,946 35,741 93,878 280,874 Federal agency debt securities (2) 2,409 46 1,330 61 68 143 145 129 32 20 38 100 298 Mortgage-backed securities (4) 1,668,989 31,876 921,411 42,138 47,316 98,764 100,184 89,387 22,220 13,928 26,274 69,012 206,477 Unamortized premiums on securities held outright (5) 143,237 2,736 79,078 3,616 4,061 8,476 8,598 7,671 1,907 1,195 2,255 5,923 17,720 Unamortized discounts on securities held outright (5) -13,540 -259 -7,475 -342 -384 -801 -813 -725 -180 -113 -213 -560 -1,675 Repurchase agreements (6) 0 0 0 0 0 0 0 0 0 0 0 0 0 Loans 230 0 3 0 0 2 12 15 79 60 12 0 47 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 146 0 0 0 0 0 145 0 0 0 0 0 0 Bank premises 2,210 108 464 82 117 195 206 195 106 95 233 220 189 Central bank liquidity swaps (8) 80 3 25 5 6 17 5 3 1 0 1 1 12 Foreign currency denominated assets (9) 20,626 877 6,513 1,171 1,664 4,452 1,191 874 297 95 204 255 3,034 Other assets (10) 26,964 553 14,461 676 781 1,794 1,621 1,420 456 286 496 1,114 3,305 Interdistrict settlement account 0 + 8,279 - 5,577 - 5,087 + 4,753 - 27,719 + 35,066 + 1,206 + 4,535 + 2,292 - 3,870 + 12,079 - 25,955 Total assets 4,139,731 88,188 2,269,156 100,359 123,649 221,098 284,971 223,225 60,194 37,137 61,737 183,411 486,606 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 31, 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 1,849,591 58,382 613,093 54,856 88,602 125,701 263,263 120,856 55,733 31,430 49,849 150,316 237,510 Less: Notes held by F.R. Banks 201,424 6,483 58,400 7,218 9,408 14,293 30,823 12,955 5,636 3,042 5,869 17,384 29,914 Federal Reserve notes, net 1,648,166 51,899 554,693 47,638 79,193 111,408 232,440 107,902 50,096 28,388 43,980 132,932 207,597 Reverse repurchase agreements (11) 236,530 4,517 130,583 5,972 6,706 13,997 14,198 12,668 3,149 1,974 3,724 9,780 29,262 Deposits 2,210,082 29,957 1,569,636 44,286 34,396 86,774 35,560 100,704 6,202 5,557 13,491 39,962 243,558 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 1,771,541 29,927 1,176,957 44,283 34,315 86,261 35,438 55,990 6,194 5,502 13,293 39,830 243,551 U.S. Treasury, General Account 366,596 0 366,596 0 0 0 0 0 0 0 0 0 0 Foreign official 5,257 2 5,229 2 3 9 2 2 1 0 0 0 6 Other (12) 66,688 29 20,853 1 77 504 119 44,713 7 55 198 132 2 Deferred availability cash items 1,022 0 0 0 0 0 132 0 0 890 0 0 0 Earnings remittances due to the U.S. Treasury (13) 764 16 377 14 23 26 82 40 15 9 23 49 90 Other liabilities and accrued dividends 4,069 164 1,428 193 204 529 301 272 142 141 141 206 349 Total liabilities 4,100,634 86,554 2,256,716 98,103 120,522 212,734 282,713 221,587 59,605 36,959 61,358 182,928 480,856 Capital Capital paid in 32,271 1,343 10,289 1,868 2,576 6,890 1,864 1,349 491 146 312 398 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 4,139,731 88,188 2,269,156 100,359 123,649 221,098 284,971 223,225 60,194 37,137 61,737 183,411 486,606 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 31, 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 31, 2018 Federal Reserve notes outstanding 1,849,591 Less: Notes held by F.R. Banks not subject to collateralization 201,424 Federal Reserve notes to be collateralized 1,648,166 Collateral held against Federal Reserve notes 1,648,166 Gold certificate account 11,037 Special drawing rights certificate account 5,200 U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 1,631,929 Other assets pledged 0 Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 3,941,797 Less: Face value of securities under reverse repurchase agreements 237,688 U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 3,704,108 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.