Board of Governors of the Federal Reserve System

Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks

Reserve Bank credit

 7,004,400

-   17,245

-  910,340

 7,005,073

Securities held outright1

 6,648,860

-   11,259

-  761,771

 6,648,891

U.S. Treasury securities

 4,364,435

-   11,259

-  564,123

 4,364,466

Bills2

   195,293

         0

-   41,061

   195,293

Notes and bonds, nominal2

 3,707,128

-   11,550

-  508,288

 3,707,128

Notes and bonds, inflation-indexed2

   344,395

+      201

-   20,985

   344,395

Inflation compensation3

   117,620

+       91

+    6,213

   117,651

Federal agency debt securities2

     2,347

         0

         0

     2,347

Mortgage-backed securities4

 2,282,078

         0

-  197,648

 2,282,078

Unamortized premiums on securities held outright5

   256,275

-      450

-   30,118

   256,120

Unamortized discounts on securities held outright5

   -23,989

-       46

+    2,596

   -23,910

Repurchase agreements6

        15

-      365

+       15

         1

Foreign official

         0

         0

         0

         0

Others

        15

-      365

+       15

         1

Loans

    73,294

-    7,553

-  100,620

    72,931

Primary credit

     1,474

-      358

-    1,152

     1,745

Secondary credit

         0

-        3

         0

         0

Seasonal credit

        55

-       17

-       12

        62

Paycheck Protection Program Liquidity Facility

     2,255

-       43

-    2,538

     2,241

Bank Term Funding Program

    69,511

-    7,132

-   38,508

    68,883

Other credit extensions7

         0

         0

-   58,409

         0

Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8

    10,409

+        9

-    8,981

    10,419

Net portfolio holdings of Municipal Liquidity Facility LLC8

         0

         0

-    5,632

         0

Net portfolio holdings of TALF II LLC8

         0

         0

-    1,220

         0

Float

      -266

+      356

-       68

      -300

Central bank liquidity swaps9

       155

-        2

-       75

       155

Other Federal Reserve assets10

    39,647

+    2,065

-    4,465

    40,766

Foreign currency denominated assets11

    18,460

-      441

+      730

    18,397

Gold stock

    11,041

         0

         0

    11,041

Special drawing rights certificate account

    10,200

         0

+    5,000

    10,200

Treasury currency outstanding12

    53,101

+       14

+      728

    53,101

Total factors supplying reserve funds

 7,097,202

-   17,672

-  903,881

 7,097,812

Currency in circulation12

 2,354,224

+    2,790

+   26,194

 2,356,532

Reverse repurchase agreements13

   736,288

-  107,837

-  818,821

   739,297

Foreign official and international accounts

   404,425

-   17,024

+  115,144

   395,849

Others

   331,862

-   90,813

-  933,966

   343,448

Treasury cash holdings

       318

+        3

-       30

       323

Deposits with F.R. Banks, other than reserve balances

   967,473

-    4,299

+   93,884

   951,400

Term deposits held by depository institutions

         0

         0

         0

         0

U.S. Treasury, General Account

   802,115

+    3,838

+   92,955

   787,395

Foreign official

     9,683

+        1

-        4

     9,682

Other14

   155,675

-    8,137

+      932

   154,323

Treasury contributions to credit facilities15

     4,958

         0

-    8,400

     4,958

Other liabilities and capital16

  -152,266

-    4,938

-   93,969

  -151,743

Total factors, other than reserve balances,
absorbing reserve funds

 3,910,995

-  114,281

-  801,143

 3,900,768

Reserve balances with Federal Reserve Banks

 3,186,207

+   96,609

-  102,738

 3,197,045

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.

Includes outstanding loans to depository institutions that were subsequently placed into Federal Deposit Insurance Corporation (FDIC) receivership, including depository institutions established by the FDIC. The Federal Reserve Banks' loans to these depository institutions are secured by pledged collateral and the FDIC provides repayment guarantees.

8.

Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.

9.

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.

10.

Includes bank premises, accrued interest, and other accounts receivable.

11.

Revalued daily at current foreign currency exchange rates.

12.

Estimated.

13.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities

14.

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.

15.

Book value. Amount of equity investments in MS Facilities 2020 LLC of $5.0 billion.

16.

Includes the liability for earnings remittances due to the U.S. Treasury.

Securities held in custody for foreign official and international accounts

 3,319,743

+    8,141

-  105,513

 3,324,148

Marketable U.S. Treasury securities1

 2,932,438

+    8,445

-   60,672

 2,937,267

Federal agency debt and mortgage-backed securities2

   297,664

+      148

-   51,922

   297,657

Other securities3

    89,641

-      452

+    7,081

    89,224

Securities lent to dealers

    32,286

-      929

-    6,122

    38,298

Overnight facility4

    32,286

-      929

-    6,122

    38,298

U.S. Treasury securities

    32,286

-      929

-    6,122

    38,298

Federal agency debt securities

         0

         0

         0

         0

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.

Loans1

     1,083

     8,670

    61,342

     1,836

         0

...

    72,931

U.S. Treasury securities2

Holdings

    36,365

   212,598

   526,419

 1,469,577

   591,944

 1,527,563

 4,364,466

Weekly changes

-    3,812

+      637

+    3,187

+       38

+       10

+       25

+       84

Federal agency debt securities3

Holdings

         0

         0

         0

       486

     1,861

         0

     2,347

Weekly changes

         0

         0

         0

         0

         0

         0

         0

Mortgage-backed securities4

Holdings

         0

         0

        16

     6,127

    24,565

 2,251,369

 2,282,078

Weekly changes

         0

         0

-        1

         0

+      354

-      354

         0

Loan participations held by MS

Facilities 2020 LLC (Main Street

Lending Program)5

         0

         0

         0

     5,183

...

...

     5,183

Repurchase agreements6

         1

         0

...

...

...

...

         1

Central bank liquidity swaps7

       155

         0

         0

         0

         0

         0

       155

Reverse repurchase agreements6

   739,297

         0

...

...

...

...

   739,297

Term deposits

         0

         0

         0

...

...

...

         0

1.

Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility (PPPLF), Bank Term Funding Program, and other credit extensions. A component of PPPLF loans presented in the Within 15 day category has reached maturity and is recognized as performing loans based upon the underlying guarantee of the collateral by the Small Business Administration. Loans exclude the loans from the Federal Reserve Bank of Boston (FRBB) to MS Facilities 2020 LLC, which were eliminated when preparing the FRBB's statement of condition, consistent with consolidation under generally accepted accounting principles.

2.

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.

3.

Face value.

4.

Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.

5.

Book value of the loan participations held by the MS Facilities 2020 LLC.

6.

Cash value of agreements.

7.

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.

Mortgage-backed securities held outright1

 2,282,078

Residential mortgage-backed securities

 2,273,971

Commercial mortgage-backed securities

     8,107

Commitments to buy mortgage-backed securities2

       149

Commitments to sell mortgage-backed securities2

         0

Cash and cash equivalents3

         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. Includes residential and commercial mortgage-backed securities. Residential mortgage-backed securities generally settle within 180 calendar days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities generally settle within three business days.

3.

This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6.

MS Facilities 2020 LLC (Main Street Lending Program)

     4,324

     4,583

     5,836

    10,419

1.

Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC upon settlement of the investment activity.

2.

Outstanding amount of facility asset purchases includes loan participations at face value, net of an allowance for credit losses updated as of June 30, 2024.

3.

Includes short term receivables, interest and dividend receivables, and other assets of the facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as investments in nonmarketable Treasury securities and the residual portion which is held as cash and cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6. Refer to the note on consolidation accompanying table 6.

Assets

Gold certificate account

    11,037

         0

         0

Special drawing rights certificate account

    10,200

         0

+    5,000

Coin

     1,519

+        5

+       57

Securities, unamortized premiums and discounts, repurchase agreements, and loans

 6,954,033

-    2,945

-  890,840

Securities held outright1

 6,648,891

+       84

-  761,689

U.S. Treasury securities

 4,364,466

+       84

-  564,041

Bills2

   195,293

         0

-   40,867

Notes and bonds, nominal2

 3,707,128

         0

-  508,288

Notes and bonds, inflation-indexed2

   344,395

         0

-   20,985

Inflation compensation3

   117,651

+       85

+    6,101

Federal agency debt securities2

     2,347

         0

         0

Mortgage-backed securities4

 2,282,078

         0

-  197,648

Unamortized premiums on securities held outright5

   256,120

-      438

-   30,120

Unamortized discounts on securities held outright5

   -23,910

-       47

+    2,601

Repurchase agreements6

         1

-        1

+        1

Loans7

    72,931

-    2,544

-  101,633

Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8

    10,419

+       12

-    8,990

Net portfolio holdings of Municipal Liquidity Facility LLC8

         0

         0

-    5,635

Net portfolio holdings of TALF II LLC8

         0

         0

-    1,221

Items in process of collection

(0)

       314

+      264

+      259

Bank premises

       419

+        6

-       15

Central bank liquidity swaps9

       155

-        2

-       75

Foreign currency denominated assets10

    18,397

-      409

+      646

Other assets11

    40,347

+    2,984

-    4,401

Total assets

(0)

 7,046,840

-       85

-  905,214

Liabilities

Federal Reserve notes, net of F.R. Bank holdings

 2,305,270

+    3,589

+   27,885

Reverse repurchase agreements12

   739,297

-   59,957

-  790,455

Deposits

(0)

 4,148,444

+   61,190

-   40,850

Term deposits held by depository institutions

         0

         0

         0

Other deposits held by depository institutions

 3,197,045

+   99,835

-  118,605

U.S. Treasury, General Account

   787,395

-   36,017

+   74,395

Foreign official

     9,682

         0

-        6

Other13

(0)

   154,323

-    2,627

+    3,367

Deferred availability cash items

(0)

       614

-      332

+      308

Treasury contributions to credit facilities14

     4,958

         0

-    8,400

Other liabilities and accrued dividends15

  -195,190

-    4,582

-   94,418

Total liabilities

(0)

 7,003,393

-       92

-  905,931

Capital accounts

Capital paid in

    36,662

+        7

+      716

Surplus

     6,785

         0

         0

Other capital accounts

         0

         0

         0

Total capital

    43,447

+        7

+      716

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.

Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility, Bank Term Funding Program, and other credit extensions.

8.

Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.

9.

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.

10.

Revalued daily at current foreign currency exchange rates.

11.

Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.

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.

Book value. Amount of equity investments in MS Facilities 2020 LLC of $5.0 billion.

15.

Includes the liability for earnings remittances due to the U.S. Treasury.

Assets

Gold certificates and special drawing rights certificates

    21,237

       729

     6,619

       657

       997

     1,557

     2,999

     1,417

       635

       355

       599

     1,786

     2,887

Coin

     1,519

        56

        50

       169

        48

       200

       112

       253

        33

        56

       101

       185

       254

Securities, unamortized premiums and discounts, repurchase agreements,
and loans1

 6,954,033

   149,619

 3,710,293

   104,125

   270,946

   694,960

   466,759

   384,038

   100,325

    46,487

    81,920

   308,304

   636,256

Net portfolio holdings of MS

Facilities 2020 LLC (Main Street

Lending Program)2

    10,419

    10,419

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Central bank liquidity swaps3

       155

         6

        54

         5

        16

        31

         5

         8

         3

         1

         2

         4

        20

Foreign currency denominated

assets4

    18,397

       768

     6,363

       648

     1,957

     3,629

       603

       903

       414

       115

       200

       442

     2,355

Other assets5

    41,079

     1,120

    18,796

       716

     1,580

     4,359

     3,923

     2,234

       817

       570

       958

     2,032

     3,976

Interdistrict settlement account

         0

+    9,310

-   98,393

+   54,615

+   35,320

-   73,678

+    1,489

-   35,815

+    8,831

+    5,278

-   12,763

+   11,769

+   94,038

Total assets

 7,046,840

   172,027

 3,643,782

   160,934

   310,865

   631,059

   475,890

   353,038

   111,059

    52,862

    71,017

   324,521

   739,786

Liabilities

Federal Reserve notes, net

 2,305,270

    85,641

   749,221

    55,433

   114,508

   167,110

   359,594

   105,692

    77,585

    30,748

    29,532

   201,678

   328,526

Reverse repurchase agreements6

   739,297

    15,377

   397,846

    11,015

    28,829

    73,692

    49,462

    40,800

    10,345

     4,618

     8,129

    32,284

    66,900

Deposits

 4,148,444

    66,767

 2,603,736

    95,384

   171,565

   413,224

    64,404

   218,264

    21,992

    17,322

    33,416

    90,560

   351,811

Depository institutions

 3,197,045

    66,707

 1,754,745

    95,382

   171,533

   412,504

    64,376

   117,080

    21,986

    17,254

    33,387

    90,324

   351,764

U.S. Treasury, General Account

   787,395

         0

   787,395

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Foreign official

     9,682

         2

     9,656

         1

         4

         8

         1

         2

         1

         0

         0

         1

         5

Other7

   154,323

        58

    51,940

         0

        28

       712

        27

   101,183

         4

        68

        28

       234

        41

Earnings remittances due to the U.S. Treasury8

  -202,969

    -3,897

  -124,575

    -2,655

    -8,947

   -32,548

        25

   -14,303

       -16

      -236

      -744

    -1,448

   -13,625

Treasury contributions to credit facilities9

     4,958

     4,958

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Other liabilities and accrued
dividends

     8,392

     1,338

     2,678

       232

       335

     1,022

       938

       442

       163

       134

       199

       260

       651

Total liabilities

 7,003,393

   170,185

 3,628,906

   159,409

   306,291

   622,500

   474,424

   350,896

   110,069

    52,586

    70,533

   323,333

   734,263

Capital

Capital paid in

    36,662

     1,559

    12,531

     1,286

     3,852

     7,221

     1,244

     1,809

       837

       233

       410

     1,025

     4,655

Surplus

     6,785

       283

     2,346

       239

       722

     1,339

       222

       333

       153

        42

        74

       163

       869

Other capital

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

         0

Total liabilities and capital

 7,046,840

   172,027

 3,643,782

   160,934

   310,865

   631,059

   475,890

   353,038

   111,059

    52,862

    71,017

   324,521

   739,786

1.

Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight securities

lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between

the purchase price and the face value of the securities that have not been amortized.  For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities,

amortization is on an effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility, Bank Term Funding Program, and other credit extensions.

2.

Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below.

3.

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.

4.

Revalued daily at current foreign currency exchange rates.

5.

Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable.

6.

Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.

7.

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.

8.

The Federal Reserve Banks remit residual net earnings to the U.S. Treasury after providing for the costs of operations, payment of dividends, and the amount necessary to maintain each Federal Reserve Bank's allotted surplus cap. Positive amounts represent the estimated weekly remittances due to U.S. Treasury. Negative amounts represent the cumulative deferred asset position, which is incurred during a period when earnings are not sufficient to provide for the cost of operations, payment of dividends, and maintaining surplus. The deferred asset is the amount of net earnings that the Federal Reserve Banks need to realize before remittances to the U.S. Treasury resume.

9.

Book value. Amount of equity investments in MS Facilities 2020 LLC of $5.0 billion.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) and the Federal Reserve Bank of Boston (FRBB) have extended loans to limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 5, 2020, FRBNY began extending loans to the Municipal Liquidity Facility LLC (MLF LLC), a limited liability company formed to purchase municipal notes from eligible issuers. The assets of the MLF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 25, 2020, FRBNY began extending loans to the TALF II LLC, a special purpose vehicle that was formed to help support the flow of credit to consumers and businesses. The assets of the TALF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On July 15, 2020, the FRBB began extending loans to the MS Facilities 2020 LLC (Main Street Lending Program), a special purpose vehicle that was formed to help ensure credit flows to small and medium-sized businesses and to eligible nonprofits. The assets of the MS Facilities 2020 LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the FRBB.

The FRBNY is the managing member of MLF LLC and TALF II LLC. The FRBB is the managing member of MS Facilities 2020 LLC (Main Street Lending Program). Consistent with generally accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities of the FRBNY or FRBB, in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated as are any balances held at the FRBNY for LLCs consolidated to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appears as assets on table 6 (and in table 1 and table 5), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this table (and table 1 and table 5). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as liabilities on table 6 (and in table 1 and table 5).

Federal Reserve notes outstanding

 2,781,914

Less: Notes held by F.R. Banks not subject to collateralization

   476,644

Federal Reserve notes to be collateralized

 2,305,270

Collateral held against Federal Reserve notes

 2,305,270

Gold certificate account

    11,037

Special drawing rights certificate account

    10,200

U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2

 2,284,033

Other assets pledged

         0

Memo:

Total U.S. Treasury, agency debt, and mortgage-backed securities1,2

 6,648,892

Less: Face value of securities under reverse repurchase agreements

   805,220

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged

 5,843,673

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.