Skip to Content
Release Date: April 15, 2010
Release dates | Historical data | Data Download Program (DDP) |
About |
Announcements
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
April 15, 2010
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 Apr 14, 2010
Federal Reserve Banks Apr 14, 2010 Apr 7, 2010 Apr 15, 2009
Reserve Bank credit 2,297,754 + 7,953 + 199,028 2,321,711
Securities held outright (1) 2,023,898 + 9,491 +1,164,358 2,047,487
U.S. Treasury securities 776,709 + 2 + 262,144 776,711
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 708,872 0 + 256,280 708,872
Notes and bonds, inflation-indexed (2) 43,777 0 + 4,386 43,777
Inflation compensation (3) 5,638 + 3 + 1,480 5,639
Federal agency debt securities (2) 168,915 - 73 + 111,155 168,903
Mortgage-backed securities (4) 1,078,273 + 9,560 + 791,058 1,101,874
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 - 3,410 - 455,800 0
Other loans 80,063 - 351 - 34,356 79,325
Primary credit 6,770 - 435 - 41,720 6,357
Secondary credit 600 0 + 533 600
Seasonal credit 21 + 10 + 19 24
Primary dealer and other broker-dealer credit (6) 0 0 - 12,886 0
Asset-Backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 0 0 - 2,695 0
Credit extended to American International
Group, Inc., net (7) 25,538 + 126 - 19,568 25,299
Term Asset-Backed Securities Loan Facility (8) 47,133 - 53 + 41,959 47,044
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (9) 7,800 + 11 - 242,448 7,809
Net portfolio holdings of Maiden Lane LLC (10) 27,432 + 61 + 1,028 27,522
Net portfolio holdings of Maiden Lane II LLC (11) 15,191 - 153 - 3,037 15,191
Net portfolio holdings of Maiden Lane III LLC (12) 21,930 - 137 - 5,429 22,036
Net portfolio holdings of TALF LLC (13) 404 0 + 404 404
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (14) 25,416 0 + 25,416 25,416
Float -1,791 + 297 + 348 -2,249
Central bank liquidity swaps (15) 0 0 - 293,533 0
Other Federal Reserve assets (16) 97,413 + 2,146 + 42,078 98,770
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 + 3,000 5,200
Treasury currency outstanding (17) 42,867 + 14 + 555 42,867
Total factors supplying reserve funds 2,356,862 + 7,967 + 202,583 2,380,819
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 Apr 14, 2010
Federal Reserve Banks Apr 14, 2010 Apr 7, 2010 Apr 15, 2009
Currency in circulation (17) 935,455 + 30 + 30,632 936,020
Reverse repurchase agreements (18) 54,680 - 705 - 16,699 55,226
Foreign official and international accounts 54,680 - 705 - 16,699 55,226
Dealers 0 0 0 0
Treasury cash holdings 208 - 12 - 115 234
Deposits with F.R. Banks, other than reserve balances 204,137 + 22,762 - 79,625 258,842
U.S. Treasury, general account 11,666 - 7,425 - 30,200 9,478
U.S. Treasury, supplementary financing account 174,967 + 24,994 - 24,962 174,967
Foreign official 3,217 + 190 + 743 2,646
Service-related 2,707 - 9 - 1,698 2,707
Required clearing balances 2,707 - 9 - 1,661 2,707
Adjustments to compensate for float 0 0 - 37 0
Other 11,580 + 5,012 - 23,508 69,044
Other liabilities and capital (19) 68,209 + 2,475 + 12,100 69,513
Total factors, other than reserve balances,
absorbing reserve funds 1,262,689 + 24,549 - 53,706 1,319,834
Reserve balances with Federal Reserve Banks 1,094,173 - 16,582 + 256,290 1,060,985
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. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and
allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
8. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
Asset-Backed Securities Loan Facility.
9. Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA
Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to
eligible borrowers through the Term Asset-Backed Securities Loan Facility.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
securities.
19. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
Maiden Lane III LLC, and TALF 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 11.
Sources: Federal Reserve Banks and the U.S. Department of the Treasury.
1A. Memorandum Items
Millions of dollars
Averages of daily figures Wednesday
Week ended Change from week ended Apr 14, 2010
Memorandum item Apr 14, 2010 Apr 7, 2010 Apr 15, 2009
Marketable securities held in custody for foreign
official and international accounts (1) 3,034,407 + 9,868 + 393,370 3,039,276
U.S. Treasury securities 2,251,042 + 6,354 + 418,644 2,254,640
Federal agency securities (2) 783,365 + 3,514 - 25,275 784,636
Securities lent to dealers 6,529 + 653 - 50,637 5,703
Overnight facility (3) 6,529 + 653 + 3,613 5,703
U.S. Treasury securities 5,329 + 749 + 2,413 4,484
Federal agency debt securities 1,200 - 95 + 1,200 1,219
Term facility (4) 0 0 - 54,250 0
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. U.S. Treasury securities only. 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 14, 2010
Millions of dollars
Within 15 16 days to 91 days to Over 1 year Over 5 years Over 10 All
Remaining maturity days 90 days 1 year to 5 years to 10 years years
Term auction credit 0 0 ... ... ... ... 0
Other loans (1) 6,966 15 0 72,344 0 ... 79,325
U.S. Treasury securities (2)
Holdings 18,487 21,564 45,336 331,964 215,415 143,944 776,711
Weekly changes - 3,520 + 3,520 0 + 1 0 + 1 + 3
Federal agency debt securities (3)
Holdings 0 6,792 31,223 94,993 33,548 2,347 168,903
Weekly changes - 85 + 2,651 - 1,044 - 625 - 982 0 - 85
Mortgage-backed securities (4)
Holdings 0 0 0 34 21 1,101,820 1,101,874
Weekly changes 0 0 0 0 0 + 33,138 + 33,138
Commercial paper held by
Commercial Paper Funding
Facility LLC (5) 2,966 0 0 ... ... ... 2,966
Asset-backed securities held by
TALF LLC (6) 0 0 0 0 0 0 0
Repurchase agreements (7) 0 0 ... ... ... ... 0
Reverse repurchase agreements (7) 55,226 0 ... ... ... ... 55,226
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, Maiden Lane
LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.
3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
Wednesday
Account name Apr 14, 2010
Mortgage-backed securities held outright (1) 1,101,874
Commitments to buy mortgage-backed securities (2) 71,280
Commitments to sell mortgage-backed securities (2) 718
Cash and cash equivalents (3) 568
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 10 and table 11.
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Wednesday
Account name Apr 14, 2010
Net portfolio holdings of Maiden Lane LLC (1) 27,522
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) 466
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,266
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, 2009. 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 11.
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 10 and table 11.
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 14, 2010
Net portfolio holdings of Maiden Lane II LLC (1) 15,191
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 14,756
Accrued interest payable to the Federal Reserve Bank of New York (2) 320
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,046
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, 2009. 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 11.
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
10 and table 11.
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 14, 2010
Net portfolio holdings of Maiden Lane III LLC (1) 22,036
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 16,583
Accrued interest payable to the Federal Reserve Bank of New York (2) 403
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,241
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, 2009. 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 11.
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 10 and table 11.
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 14, 2010
Commercial paper holdings, net (1) 2,938
Other investments, net 4,871
Net portfolio holdings of Commercial Paper Funding Facility LLC 7,809
Memorandum: Commercial paper holdings, face value 2,966
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 2,942
Accrued interest payable to the Federal Reserve Bank of New York (2) 2
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 11.
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 TALF LLC
Millions of dollars
Wednesday
Account name Apr 14, 2010
Asset-backed securities holdings (1) 0
Other investments, net 404
Net portfolio holdings of TALF LLC 404
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
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3) 104
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 11.
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 10 and table 11.
Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.
TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $20 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.
9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
Wednesday
Account name Apr 14, 2010
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1) 25,416
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2) 49
Preferred interests in AIA Aurora LLC (1) 16,266
Accrued dividends on preferred interests in AIA Aurora LLC (2) 31
Preferred interests in ALICO Holdings LLC (1) 9,150
Accrued dividends on preferred interests in ALICO Holdings LLC (2) 18
Note: Components may not sum to totals because of rounding.
1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.
Note on preferred interests:
In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.
Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Eliminations from Wednesday Change since
consolidation Apr 14, 2010 Wednesday Wednesday
Assets, liabilities, and capital Apr 7, 2010 Apr 15, 2009
Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 + 3,000
Coin 2,067 0 + 229
Securities, repurchase agreements, term auction
credit, and other loans 2,126,812 + 28,654 + 616,630
Securities held outright (1) 2,047,487 + 33,055 +1,104,306
U.S. Treasury securities 776,711 + 3 + 250,608
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 708,872 0 + 244,840
Notes and bonds, inflation-indexed (2) 43,777 0 + 4,304
Inflation compensation (3) 5,639 + 3 + 1,463
Federal agency debt securities (2) 168,903 - 85 + 107,462
Mortgage-backed securities (4) 1,101,874 + 33,138 + 746,237
Repurchase agreements (5) 0 0 0
Term auction credit 0 - 3,410 - 455,799
Other loans 79,325 - 991 - 31,877
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 7,809 + 12 - 230,630
Net portfolio holdings of Maiden Lane LLC (7) 27,522 + 105 + 1,083
Net portfolio holdings of Maiden Lane II LLC (8) 15,191 0 - 3,043
Net portfolio holdings of Maiden Lane III LLC (9) 22,036 + 123 - 5,376
Net portfolio holdings of TALF LLC (10) 404 0 + 404
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (11) 25,416 0 + 25,416
Items in process of collection (63) 184 - 36 - 655
Bank premises 2,239 + 2 + 52
Central bank liquidity swaps (12) 0 0 - 293,533
Other assets (13) 96,820 + 2,924 + 41,204
Total assets (63) 2,342,737 + 31,784 + 154,780
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Eliminations from Wednesday Change since
consolidation Apr 14, 2010 Wednesday Wednesday
Assets, liabilities, and capital Apr 7, 2010 Apr 15, 2009
Liabilities
Federal Reserve notes, net of F.R. Bank holdings 895,450 - 845 + 30,224
Reverse repurchase agreements (14) 55,226 - 865 - 15,401
Deposits (0) 1,320,115 + 29,979 + 127,476
Depository institutions 1,063,980 - 50,308 + 169,076
U.S. Treasury, general account 9,478 - 10,961 - 85,031
U.S. Treasury, supplementary financing account 174,967 + 24,994 - 24,962
Foreign official 2,646 - 2,429 - 129
Other (0) 69,044 + 68,684 + 68,523
Deferred availability cash items (63) 2,433 - 33 - 1,003
Other liabilities and accrued dividends (15) 15,173 + 2,244 + 4,874
Total liabilities (63) 2,288,397 + 30,480 + 146,171
Capital accounts
Capital paid in 26,223 - 35 + 3,622
Surplus 25,556 + 217 + 4,383
Other capital accounts 2,562 + 1,124 + 605
Total capital 54,340 + 1,305 + 8,609
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 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9. Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests in AIA Aurora LLC
and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers
through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
Maiden Lane III LLC, and TALF 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 11.
11. Statement of Condition of Each Federal Reserve Bank, April 14, 2010
Millions of dollars
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
Assets, liabilities, and capital City Francisco
Assets
Gold certificate account 11,037 412 3,895 450 467 882 1,356 911 329 197 335 621 1,182
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 2,067 76 77 163 150 309 188 326 25 67 144 201 342
Securities, repurchase agreements,
term auction credit, and other
loans 2,126,812 39,282 879,456 31,783 80,892 73,786 246,722 221,585 80,231 33,975 92,424 98,999 247,676
Securities held outright (1) 2,047,487 39,277 800,312 31,765 80,892 73,785 246,694 221,560 80,213 33,897 92,422 98,999 247,671
U.S. Treasury securities 776,711 14,900 303,597 12,050 30,686 27,990 93,583 84,048 30,429 12,859 35,060 37,555 93,953
Bills (2) 18,423 353 7,201 286 728 664 2,220 1,994 722 305 832 891 2,228
Notes and bonds (3) 758,288 14,546 296,396 11,764 29,958 27,326 91,363 82,055 29,707 12,554 34,228 36,664 91,725
Federal agency debt securities (2) 168,903 3,240 66,020 2,620 6,673 6,087 20,350 18,277 6,617 2,796 7,624 8,167 20,431
Mortgage-backed securities (4) 1,101,874 21,137 430,695 17,095 43,533 39,708 132,761 119,235 43,167 18,242 49,738 53,277 133,286
Repurchase agreements (5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Term auction credit 0 0 0 0 0 0 0 0 0 0 0 0 0
Other loans 79,325 5 79,144 18 0 1 28 25 19 78 2 0 5
Net portfolio holdings of Commercial
Paper Funding Facility LLC (6) 7,809 0 7,809 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane LLC (7) 27,522 0 27,522 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 15,191 0 15,191 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 22,036 0 22,036 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 404 0 404 0 0 0 0 0 0 0 0 0 0
Preferred interests in AIA Aurora LLC
and ALICO Holdings LLC (11) 25,416 0 25,416 0 0 0 0 0 0 0 0 0 0
Items in process of collection 247 13 0 18 69 8 17 18 4 28 14 33 24
Bank premises 2,239 123 260 70 143 238 220 209 136 109 266 251 212
Central bank liquidity swaps (12) 0 0 0 0 0 0 0 0 0 0 0 0 0
Other assets (13) 96,820 2,316 35,565 3,849 4,666 9,635 10,123 8,260 3,038 1,893 3,421 3,805 10,251
Interdistrict settlement account 0 + 7,044 + 91,212 + 37,928 - 23,989 + 221,362 - 100,831 - 106,212 - 41,585 + 17,054 - 41,209 - 28,004 - 32,768
Total assets 2,342,800 49,461 1,110,661 74,472 62,635 306,633 158,448 125,521 42,329 53,413 55,548 76,187 227,493
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
11. Statement of Condition of Each Federal Reserve Bank, April 14, 2010 (continued)
Millions of dollars
Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas Dallas San
Assets, liabilities, and capital City Francisco
Liabilities
Federal Reserve notes outstanding 1,076,356 34,957 389,443 38,291 44,486 84,450 136,085 86,728 32,325 20,116 28,761 65,946 114,767
Less: Notes held by F.R. Banks 180,906 4,130 59,464 5,635 8,329 11,004 32,256 11,573 4,097 2,926 3,711 12,817 24,965
Federal Reserve notes, net 895,450 30,827 329,979 32,656 36,157 73,446 103,829 75,155 28,228 17,190 25,050 53,129 89,802
Reverse repurchase agreements (14) 55,226 1,059 21,586 857 2,182 1,990 6,654 5,976 2,164 914 2,493 2,670 6,680
Deposits 1,320,115 15,384 733,201 34,883 19,414 218,083 43,575 42,019 11,018 33,208 27,088 18,987 123,255
Depository institutions 1,063,980 15,382 477,235 34,879 19,410 217,944 43,573 42,012 11,015 33,207 27,087 18,986 123,250
U.S. Treasury, general account 9,478 0 9,478 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 174,967 0 174,967 0 0 0 0 0 0 0 0 0 0
Foreign official 2,646 1 2,618 4 3 11 2 1 0 1 0 1 3
Other 69,044 1 68,903 0 1 127 0 6 2 0 1 0 3
Deferred availability cash items 2,496 64 0 215 609 85 148 159 58 448 98 110 501
Other liabilities and accrued
dividends (15) 15,173 224 9,913 253 376 591 888 789 323 189 330 401 894
Total liabilities 2,288,460 47,560 1,094,680 68,865 58,738 294,195 155,095 124,098 41,790 51,950 55,059 75,297 221,132
Capital
Capital paid in 26,223 913 7,562 2,939 1,902 5,343 1,560 613 239 718 210 409 3,814
Surplus 25,556 945 7,536 2,668 1,910 7,095 1,581 620 240 712 210 353 1,687
Other capital 2,562 43 884 0 84 0 212 190 60 33 69 128 858
Total liabilities and capital 2,342,800 49,461 1,110,661 74,472 62,635 306,633 158,448 125,521 42,329 53,413 55,548 76,187 227,493
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
11. Statement of Condition of Each Federal Reserve Bank, April 14, 2010 (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 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9. Refer to table 6 and the note on consolidation below.
10. Refer to table 8 and the note on consolidation below.
11. Refer to table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, accrued dividends on the Federal Reserve Bank of New York's (FRBNY) preferred interests
in AIA Aurora LLC and ALICO Holdings LLC, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the Term Asset-Backed Securities Loan Facility.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 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. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.
The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S.
Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority
of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. 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 10), 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 10).
12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Wednesday
Federal Reserve notes and collateral Apr 14, 2010
Federal Reserve notes outstanding 1,076,356
Less: Notes held by F.R. Banks not subject to collateralization 180,906
Federal Reserve notes to be collateralized 895,450
Collateral held against Federal Reserve notes 895,450
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 879,213
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,047,487
Less: Face value of securities under reverse repurchase agreements 54,844
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,992,643
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.
Release dates | Historical data | Data Download Program (DDP) |
About |
Announcements
Current release Other formats:
Screen reader |
ASCII |
PDF
(21 KB)
Statistical releases