Federal Reserve Statistical Release, H.4.1, Factors Affecting Reserve Balances; title with eagle logo links to Statistical Release home page
Release Date: April 9, 2009
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FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              April 9, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                     Apr 8, 2009  Apr 1, 2009  Apr 9, 2008  Apr 8, 2009

Reserve Bank credit                                       2,069,605   +   20,954   +1,203,081    2,068,836
  Securities held outright                                  796,917   +   23,420   +  236,100      801,353       
    U.S. Treasury securities (1)                            505,518   +   19,299   -   55,299      508,414
      Bills (2)                                              18,423            0   -   63,405       18,423
      Notes and bonds, nominal (2)                          443,610   +   19,251   +    7,845      446,488
      Notes and bonds, inflation-indexed (2)                 39,378            0   +      941       39,378
      Inflation compensation (3)                              4,108   +       48   -      679        4,127
    Federal agency debt securities (2)                       54,761   +    3,908   +   54,761       56,288
    Mortgage-backed securities (4)                          236,638   +      214   +  236,638      236,651
  Repurchase agreements (5)                                       0            0   -   99,179            0
  Term auction credit                                       467,277   -        1   +  367,277      467,277  
  Other loans                                               122,028   -   13,264   +   79,267      115,230
    Primary credit                                           49,159   -   10,576   +   38,977       48,335
    Secondary credit                                             64   +       64   +       64           62
    Seasonal credit                                               3            0   -       14            3
    Primary dealer and other broker-dealer credit (6)        17,600   -    1,888   -   14,962       13,400
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                          4,938   -    1,712   +    4,938        3,664
    Credit extended to American International
      Group, Inc. (7)                                        45,571   +      859   +   45,571       45,073
    Term Asset-Backed Securities Loan Facility                4,692   -       11   +    4,692        4,692
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                250,597   +    6,300   +  250,597      251,226
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             26,344   +       49   +   26,344       26,398
  Net portfolio holdings of Maiden Lane II LLC (11)          18,391   -       67   +   18,391       18,227
  Net portfolio holdings of Maiden Lane III LLC (12)         27,476   -      171   +   27,476       27,350
  Float                                                      -2,283   +        4   -    1,576       -2,781
  Central bank liquidity swaps (13)                         312,839   +    3,011   +  291,839      313,396
  Other Federal Reserve assets (14)                          50,018   +    1,673   +    6,544       51,160
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           38,870   +       14   +      177       38,870
       
Total factors supplying reserve funds                     2,121,716   +   20,968   +1,203,258    2,120,948

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                     Apr 8, 2009  Apr 1, 2009  Apr 9, 2008  Apr 8, 2009

Currency in circulation (15)                                901,195   +    1,997   +   86,092      902,793
Reverse repurchase agreements (16)                           66,057   -    3,429   +   27,140       66,972
  Foreign official and international accounts                66,057   -    3,429   +   27,140       66,972
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          316   +        5   -       38          321
Deposits with F.R. Banks, other than reserve balances       260,290   -    9,547   +  247,670      260,944       
  U.S. Treasury, general account                             35,981   -   11,148   +   30,854       23,684
  U.S. Treasury, supplementary financing account            199,928   -        6   +  199,928      199,928
  Foreign official                                            1,135   +       25   +    1,037        1,617
  Service-related                                             4,428   -        2   -    2,617        4,428
    Required clearing balances                                4,428   -        2   -    2,617        4,428
    Adjustments to compensate for float                           0            0            0            0
  Other                                                      18,818   +    1,583   +   18,468       31,287
Other liabilities and capital (17)                           55,229   -      245   +   10,400       55,221

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,283,086   -   11,221   +  371,263    1,286,251

Reserve balances with Federal Reserve Banks                 838,630   +   32,189   +  831,995      834,696
                                                                
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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.  Current face value of the securities, which is 
   the remaining principal balance of the underlying mortgages.  
5. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other 
    than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio 
    holdings of these LLCs.  Refer to table 4 through table 8 and the note on consolidation accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                          Apr 8, 2009  Apr 1, 2009  Apr 9, 2008  Apr 8, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,621,361   +   12,032   +  402,804    2,624,851
  U.S. Treasury securities                                1,812,045   +   12,418   +  499,607    1,816,192
  Federal agency securities (2)                             809,316   -      387   -   96,802      808,659
Securities lent to dealers                                   65,559   -   25,177   -   44,146       62,561   
  Overnight facility (3)                                      5,123   +       37   -    8,153        2,911
  Term facility (4)                                          60,436   -   25,214   -   35,993       59,650

Note: Components may not sum to totals because of rounding.

1. Face value of the securities.  Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed 
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt
   securities.

    
   


2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,      April 8, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                  253,822     213,455         ---          ---           ---        ---     467,277
Other loans (1)                       55,541       9,923            0      49,765           ---        ---     115,230
U.S. Treasury securities (2) 
  Holdings                            16,944      25,942       61,900     188,973       109,906    104,749     508,414
  Weekly changes                  +    3,867  -    3,867   +        2  +   13,211    +      320 +    2,551  +   16,084
Federal agency debt securities (3) 
  Holdings                                 0           0        4,090      38,530        13,463        205      56,288
  Weekly changes                           0           0            0  +    2,107    +      565          0  +    2,672
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    236,651     236,651
  Weekly changes                           0           0            0           0             0 +       14  +       14
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                    16,477     233,068            0         ---           ---        ---     249,545
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)     206,684     106,712            0           0             0          0     313,396

Reverse repurchase agreements (7)     66,972           0          ---         ---           ---        ---      66,972
  
Note: Components may not sum to totals because of rounding.
---   Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the 
   LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden 
   Lane III LLC.  The loans were eliminated when preparing the FRBNY'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.  Current face value of the securities, which is the remaining 
   principal balance of the underlying mortgages.
5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.
6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
7. Cash value of agreements.
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.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                     Apr 8, 2009

Mortgage-backed securities held outright (1)                                                       236,651

Commitments to buy mortgage-backed securities (2)                                                  258,606
Commitments to sell mortgage-backed securities (2)                                                 164,030

Cash and cash equivalents (3)                                                                          779

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
2. Current face value.  Generally settle within 180 days and include commitments associated with outright
   transactions as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                     Apr 8, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,398

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   306
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,204
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly. 
   This table reflects valuations as of  December 31, 2008.  Any assets purchased after this valuation date 
   are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement
   of condition consistent with consolidation under generally accepted accounting principles.  Refer to
   the note on consolidation accompanying table 10.
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 9 and table 10.

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.  Payments by Maiden Lane LLC from the 
proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, 
principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest 
due to JPMorgan Chase & Co.  Any remaining funds will be paid to the FRBNY.



5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                      Apr 8, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     18,227

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            18,251
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    102
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,012

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of  December 31, 2008.  Any assets purchased after this valuation date 
   are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement 
   of condition consistent with consolidation under generally accepted accounting principles.  Refer to the 
   note on consolidation accompanying table 10.
3. Book value.  The deferred payment represents the portion of the proceeds of the net portfolio holdings due 
   to subsidiaries of American International Group, Inc. in accordance with the asset purchase agreement.  
   The fair value of this payment and accrued interest payable are included in other liabilities and capital 
   in table 1 and in other liabilities and accrued dividends in table 9 and table 10.

Note:  On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden 
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company 
was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment 
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries).  Payments by Maiden 
Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order:  operating 
expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment 
and interest due to AIG subsidiaries.  Any remaining funds will be shared by the FRBNY and AIG subsidiaries.


6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                      Apr 8, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    27,350

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            23,542
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    140
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,069

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of  December 31, 2008.  Any assets purchased after this valuation date 
   are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement 
   of condition consistent with consolidation under generally accepted accounting principles.  Refer to the 
   note on consolidation accompanying table 10.
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 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane 
III LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company was 
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group 
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts.  In connection 
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions.  
Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following 
order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, 
principal due to AIG, and interest due to AIG.  Any remaining funds will be shared by the FRBNY and AIG.


7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                      Apr 8, 2009

Commercial paper holdings, net (1)                                                                  248,602
Other investments, net                                                                                2,624
Net portfolio holdings of Commercial Paper Funding Facility LLC                                     251,226

Memorandum: Commercial paper holdings, face value                                                   249,545

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           248,176
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    100

1. Book value, which includes amortized cost and related fees.
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 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of 
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC.  This LLC is a limited 
liability company formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                      Apr 8, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

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
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                0

1. Book value, which includes amortized cost.
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 10.

Note:  The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the 
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through 
the Money Market Investor Funding Facility (MMIFF).  The MMIFF became operational on November 24, 2008.  These 
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of 
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers.  Such purchases are 
designed to foster liquidity in short-term money markets.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation  Apr 8, 2009      Apr 1, 2009      Apr 9, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,835       -        2       +      479
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,383,861       +      916       +  569,908
  Securities held outright                                        801,353       +   18,770       +  241,239
    U.S. Treasury securities (1)                                  508,414       +   16,084       -   51,700       
      Bills (2)                                                    18,423                0       -   63,405
      Notes and bonds, nominal (2)                                446,488       +   16,034       +   11,437
      Notes and bonds, inflation-indexed (2)                       39,378                0       +      941
      Inflation compensation (3)                                    4,127       +       51       -      671
    Federal agency debt securities (2)                             56,288       +    2,672       +   56,288
    Mortgage-backed securities (4)                                236,651       +       14       +  236,651
  Repurchase agreements (5)                                             0                0       -  120,000    
  Term auction credit                                             467,277       -        1       +  367,277
  Other loans                                                     115,230       -   17,854       +   81,392
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                        251,226       +    1,495       +  251,226
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      26,398       +       62       +   26,398
Net portfolio holdings of Maiden Lane II LLC (9)                   18,227       -      289       +   18,227
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         27,350       -      311       +   27,350
Items in process of collection                         (410)          852       +      367       -      509
Bank premises                                                       2,185       +        2       +       43
Central bank liquidity swaps (11)                                 313,396       +    4,604       +  292,396
Other assets (12)                                                  51,439       +    2,747       +    9,829
     
      Total assets                                     (410)    2,090,006       +    9,591       +1,195,348

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation  Apr 8, 2009      Apr 1, 2009      Apr 9, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  866,075       +    1,558       +   87,173
Reverse repurchase agreements (13)                                 66,972       -      934       +   28,193
Deposits                                                 (0)    1,098,105       +    8,189       +1,068,496       
  Depository institutions                                         841,589       +    4,126       +  815,833
  U.S. Treasury, general account                                   23,684       -   14,070       +   20,247
  U.S. Treasury, supplementary financing account                  199,928       -        6       +  199,928
  Foreign official                                                  1,617       +      771       +    1,517
  Other                                                  (0)       31,287       +   17,368       +   30,970
Deferred availability cash items                       (410)        3,632       +      364       +      614
Other liabilities and accrued dividends (14)                        9,409       +      141       +    5,671

      Total liabilities                                (410)    2,044,193       +    9,319       +1,190,147
                          
Capital accounts
Capital paid in                                                    22,595       +       35       +    3,044
Surplus                                                            21,165       +        9       +    2,694
Other capital accounts                                              2,053       +      229       -      537

      Total capital                                                45,812       +      272       +    5,200

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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.  Current face value of the securities, which is 
   the remaining principal balance of the underlying mortgages. 
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation accompanying table 10.
7. Refer to table 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 and the note on consolidation accompanying table 10.
11. 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. 
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other 
    than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio 
    holdings of these LLCs.  Refer to table 4 through table 8 and the note on consolidation accompanying table 10. 


10. Statement of Condition of Each Federal Reserve Bank,      April 8, 2009
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        424      3,935        453        423        891      1,221        913        344        199        349        636      1,249
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,835         67         77        158        149        255        211        222         39         62        125        179        291
Securities, repurchase agreements, term
      auction credit, and other loans      1,383,861     60,527    630,541     77,678     41,158    156,816     88,497     78,996     32,056     16,114     31,790     39,857    129,831
  Securities held outright                   801,353     33,612    285,117     34,988     30,387     72,665     79,733     70,727     27,692     15,129     29,424     33,241     88,638
    U.S. Treasury securities (1)             508,414     21,325    180,891     22,198     19,279     46,102     50,586     44,872     17,569      9,598     18,668     21,090     56,236
      Bills (2)                               18,423        773      6,555        804        699      1,671      1,833      1,626        637        348        676        764      2,038
      Notes and bonds (3)                    489,992     20,552    174,336     21,394     18,580     44,432     48,753     43,246     16,932      9,251     17,991     20,325     54,198
    Federal agency debt securities (2)        56,288      2,361     20,027      2,458      2,134      5,104      5,601      4,968      1,945      1,063      2,067      2,335      6,226
    Mortgage-backed securities (4)           236,651      9,926     84,199     10,333      8,974     21,459     23,546     20,887      8,178      4,468      8,689      9,817     26,176
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        467,277     23,022    238,947     42,573     10,766     83,563      8,483      6,474      4,237        749      2,331      6,275     39,859     
  Other loans                                115,230      3,893    106,478        117          5        588        280      1,795        127        237         35        342      1,334
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)             251,226          0    251,226          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     26,398          0     26,398          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             18,227          0     18,227          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           27,350          0     27,350          0          0          0          0          0          0          0          0          0          0
Items in process of collection                 1,261         36          0        155         80         49        474        100         53         69         34         95        116
Bank premises                                  2,185        122        209         66        146        233        223        208        133        112        272        249        212
Central bank liquidity swaps (11)            313,396     12,613     82,304     34,586     23,188     89,341     24,078     10,509      3,133      4,846      3,106      4,048     21,644
Other assets (12)                             51,439      2,121     16,078      3,862      2,795      9,340      4,574      3,179      1,199        903      1,256      1,470      4,663
Interdistrict settlement account                   0  +   8,345  -  54,095  -  54,116  +   9,481  -  12,751  +  23,269  +  12,715  -     450  +     818  +  17,317  +  15,106  +  34,362

      Total assets                         2,090,416     84,370  1,003,125     62,924     77,523    244,321    142,712    107,055     36,578     23,154     54,315     61,738    192,601

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,      April 8, 2009 (continued)
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding           1,045,533     37,207    369,578     40,404     45,608     79,180    132,333     87,832     29,979     20,001     29,278     63,117    111,015
  Less: Notes held by F.R. Banks              179,458      5,161     57,046      4,784      7,543     11,702     27,984     13,039      3,625      2,752      3,326     17,819     24,678
    Federal Reserve notes, net                866,075     32,045    312,532     35,621     38,066     67,478    104,350     74,792     26,355     17,249     25,952     45,298     86,338
Reverse repurchase agreements (13)             66,972      2,809     23,828      2,924      2,540      6,073      6,664      5,911      2,314      1,264      2,459      2,778      7,408
Deposits                                    1,098,105     47,386    646,763     18,790     33,077    157,727     27,612     24,048      7,213      3,253     25,123     12,615     94,498
  Depository institutions                     841,589     47,383    390,434     18,786     33,074    157,576     27,607     24,039      7,208      3,252     25,122     12,614     94,495
  U.S. Treasury, general account               23,684          0     23,684          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,928          0    199,928          0          0          0          0          0          0          0          0          0          0
  Foreign official                              1,617          2      1,587          4          3         11          3          1          0          1          0          1          3
  Other                                        31,287          2     31,130          0          0        139          2          8          5          0          1          0          0
Deferred availability cash items                4,042        119          0        622        464        219        377        404         87        395        209        281        865
Other liabilities and accrued                 
  dividends (14)                                9,409        168      6,779        200        192        517        370        293        154        112        123        173        327
   
      Total liabilities                     2,044,603     82,528    989,903     58,157     74,338    232,014    139,372    105,448     36,123     22,273     53,866     61,146    189,436
                              
Capital                    
Capital paid in                                22,595        912      6,363      2,380      1,587      6,162      1,645        785        217        486        214        286      1,557
Surplus                                        21,165        844      5,695      2,315      1,552      5,981      1,612        704        210        324        208        271      1,449
Other capital                                   2,053         86      1,164         73         45        164         83        119         28         71         27         35        159

      Total liabilities and capital         2,090,416     84,370  1,003,125     62,924     77,523    244,321    142,712    107,055     36,578     23,154     54,315     61,738    192,601
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,      April 8, 2009 (continued)

1. Includes securities lent to dealers under the overnight and term securities lending facilities; 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.  Current face value of the securities, which is the remaining principal balance of the underlying mortgages. 
5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
6. Refer to table 7 and the note on consolidation below.
7. Refer to table 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 and the note on consolidation below.
11. 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.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and  Maiden 
    Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs.  Refer to table 4 through 
    table 8 and the note on consolidation below.

Note on consolidation:

The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 26, 2008, 
a loan was extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns.  On October 27, 2008, the FRBNY began extending loans to Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers.  On November 25, 2008, a loan was extended to Maiden Lane III LLC, 
which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap 
contracts.  On December 12, 2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending 
reinvestment portfolio of subsidiaries of American International Group, Inc.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally accepted accounting principles, 
the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on this release.  As a 
consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in table 1 and 
table 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in 
this table (and table 1 and table 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                 Apr 8, 2009
              
Federal Reserve notes outstanding                                                                1,045,533
  Less: Notes held by F.R. Banks not subject to collateralization                                  179,458
    Federal Reserve notes to be collateralized                                                     866,075 
Collateral held against Federal Reserve notes                                                      866,075
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         738,699
  Other assets pledged                                                                             114,139

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                             801,353
  Less: Face value of securities under reverse repurchase agreements                                62,654
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                         738,699
   
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 and term securities lending facilities; refer
   to table 1A.

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