FRB: H.4.1 Release--Factors Affecting Reserve Balances--June 3, 2010

FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
June 3, 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 Jun 2, 2010
Federal Reserve Banks Jun 2, 2010 May 26, 2010 Jun 3, 2009

Reserve Bank credit 2,319,753 - 3,999 + 254,761 2,317,900
Securities held outright (1) 2,057,228 - 4,943 + 942,755 2,057,242
U.S. Treasury securities 776,906 + 44 + 170,748 776,913
Bills (2) 18,423 0 0 18,423
Notes and bonds, nominal (2) 712,023 0 + 172,001 712,023
Notes and bonds, inflation-indexed (2) 41,125 0 - 1,678 41,125
Inflation compensation (3) 5,334 + 44 + 424 5,342
Federal agency debt securities (2) 166,810 - 567 + 86,106 166,715
Mortgage-backed securities (4) 1,113,513 - 4,419 + 685,901 1,113,614
Repurchase agreements (5) 0 0 0 0
Term auction credit 0 0 - 372,540 0
Other loans 71,453 - 3,766 - 54,601 71,035
Primary credit 678 - 3,637 - 41,252 115
Secondary credit 300 - 100 + 299 300
Seasonal credit 39 - 9 + 27 42
Asset-Backed Commercial Paper Money Market
Mutual Fund Liquidity Facility 0 0 - 25,093 0
Credit extended to American International
Group, Inc., net (6) 26,406 + 273 - 17,172 26,624
Term Asset-Backed Securities Loan Facility (7) 44,030 - 292 + 28,590 43,955
Other credit extensions 0 0 0 0
Net portfolio holdings of Commercial Paper
Funding Facility LLC (8) 1 - 1 - 145,138 1
Net portfolio holdings of Maiden Lane LLC (9) 28,338 + 27 + 2,566 28,367
Net portfolio holdings of Maiden Lane II LLC (10) 15,909 + 53 - 351 15,911
Net portfolio holdings of Maiden Lane III LLC (11) 23,387 + 14 + 2,992 23,401
Net portfolio holdings of TALF LLC (12) 478 + 6 + 478 478
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (13) 25,416 0 + 25,416 25,416
Float -1,716 - 4 + 141 -2,823
Central bank liquidity swaps (14) 6,642 + 5,400 - 170,191 6,642
Other Federal Reserve assets (15) 92,618 - 785 + 23,235 92,229
Gold stock 11,041 0 0 11,041
Special drawing rights certificate account 5,200 0 + 3,000 5,200
Treasury currency outstanding (16) 42,871 + 14 + 538 42,871

Total factors supplying reserve funds 2,378,865 - 3,985 + 258,298 2,377,012

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 Jun 2, 2010
Federal Reserve Banks Jun 2, 2010 May 26, 2010 Jun 3, 2009

Currency in circulation (16) 943,000 + 5,311 + 34,202 944,394
Reverse repurchase agreements (17) 59,143 + 1,063 - 7,173 59,116
Foreign official and international accounts 59,143 + 1,063 - 7,173 59,116
Dealers 0 0 0 0
Treasury cash holdings 206 + 10 - 95 212
Deposits with F.R. Banks, other than reserve balances 238,104 + 7,623 - 1,382 267,094
U.S. Treasury, general account 33,135 + 7,058 + 562 62,317
U.S. Treasury, supplementary financing account 199,958 + 1 + 25 199,958
Foreign official 1,985 + 543 + 4 1,824
Service-related 2,643 0 - 1,581 2,643
Required clearing balances 2,643 0 - 1,581 2,643
Adjustments to compensate for float 0 0 0 0
Other 383 + 22 - 391 351
Other liabilities and capital (18) 71,460 - 241 + 19,570 70,333

Total factors, other than reserve balances,
absorbing reserve funds 1,311,913 + 13,767 + 45,123 1,341,148

Reserve balances with Federal Reserve Banks 1,066,952 - 17,752 + 213,175 1,035,864

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 outstanding principal and capitalized interest net of unamortized deferred commitment fees and
allowance for loan restructuring. Excludes credit extended to consolidated LLCs.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
Asset-Backed Securities Loan Facility.
8. Refer to table 7 and the note on consolidation accompanying table 11.
9. Refer to table 4 and the note on consolidation accompanying table 11.
10. Refer to table 5 and the note on consolidation accompanying table 11.
11. Refer to table 6 and the note on consolidation accompanying table 11.
12. Refer to table 8 and the note on consolidation accompanying table 11.
13. Refer to table 9.
14. 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.
15. 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.
16. Estimated.
17. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
securities.
18. 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 Jun 2, 2010
Memorandum item Jun 2, 2010 May 26, 2010 Jun 3, 2009

Marketable securities held in custody for foreign
official and international accounts (1) 3,075,861 + 9,593 + 344,204 3,086,247
U.S. Treasury securities 2,267,692 + 3,178 + 348,602 2,277,323
Federal agency securities (2) 808,168 + 6,414 - 4,399 808,925
Securities lent to dealers 5,751 + 2,336 - 28,154 5,635
Overnight facility (3) 5,751 + 2,336 - 804 5,635
U.S. Treasury securities 4,067 + 1,961 - 2,488 4,053
Federal agency debt securities 1,684 + 374 + 1,684 1,582
Term facility (4) 0 0 - 27,350 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 Securities, Loans, and Selected Other Assets and Liabilities, June 2, 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

Other loans (1) 425 32 0 70,579 0 ... 71,035
U.S. Treasury securities (2)
Holdings 16,409 16,173 53,512 332,917 214,177 143,726 776,913
Weekly changes + 1,816 - 1,602 + 6,593 - 7,470 + 683 + 16 + 36
Federal agency debt securities (3)
Holdings 509 9,704 37,409 83,198 33,548 2,347 166,715
Weekly changes - 153 - 509 0 0 0 0 - 662
Mortgage-backed securities (4)
Holdings 0 0 0 32 20 1,113,563 1,113,614
Weekly changes 0 0 0 0 0 + 705 + 704
Commercial paper held by
Commercial Paper Funding
Facility LLC (5) 0 0 0 ... ... ... 0
Asset-backed securities held by
TALF LLC (6) 0 0 0 0 0 0 0
Repurchase agreements (7) 0 0 ... ... ... ... 0
Central bank liquidity swaps (8) 5,400 1,242 0 0 0 0 6,642

Reverse repurchase agreements (7) 59,116 0 ... ... ... ... 59,116

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.
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 Jun 2, 2010

Mortgage-backed securities held outright (1) 1,113,614

Commitments to buy mortgage-backed securities (2) 38,643
Commitments to sell mortgage-backed securities (2) 3,000

Cash and cash equivalents (3) 485

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 Jun 2, 2010

Net portfolio holdings of Maiden Lane LLC (1) 28,367

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) 495
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3) 1,275

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
March 31, 2010. 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 Jun 2, 2010

Net portfolio holdings of Maiden Lane II LLC (1) 15,911

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 14,532
Accrued interest payable to the Federal Reserve Bank of New York (2) 346
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3) 1,051

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
March 31, 2010. 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 Jun 2, 2010

Net portfolio holdings of Maiden Lane III LLC (1) 23,401

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2) 16,206
Accrued interest payable to the Federal Reserve Bank of New York (2) 431
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3) 5,264

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 Jun 2, 2010

Commercial paper holdings, net (1) 0
Other investments, net 1
Net portfolio holdings of Commercial Paper Funding Facility LLC 1

Memorandum: Commercial paper 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

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 Jun 2, 2010

Asset-backed securities holdings (1) 0
Other investments, net 478
Net portfolio holdings of TALF LLC 478

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 Jun 2, 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) 219

Preferred interests in AIA Aurora LLC (1) 16,266
Accrued dividends on preferred interests in AIA Aurora LLC (2) 140

Preferred interests in ALICO Holdings LLC (1) 9,150
Accrued dividends on preferred interests in ALICO Holdings LLC (2) 79

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 Jun 2, 2010 Wednesday Wednesday
Assets, liabilities, and capital May 26, 2010 Jun 3, 2009

Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 + 3,000
Coin 1,996 - 18 + 211
Securities, repurchase agreements, term auction
credit, and other loans 2,128,278 - 3,823 + 515,726
Securities held outright (1) 2,057,242 + 78 + 941,470
U.S. Treasury securities 776,913 + 36 + 170,745
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 712,023 0 + 172,001
Notes and bonds, inflation-indexed (2) 41,125 0 - 1,678
Inflation compensation (3) 5,342 + 36 + 421
Federal agency debt securities (2) 166,715 - 662 + 84,744
Mortgage-backed securities (4) 1,113,614 + 704 + 685,981
Repurchase agreements (5) 0 0 0
Term auction credit 0 0 - 372,540
Other loans 71,035 - 3,902 - 53,204
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 1 - 1 - 142,634
Net portfolio holdings of Maiden Lane LLC (7) 28,367 + 38 + 2,536
Net portfolio holdings of Maiden Lane II LLC (8) 15,911 + 1 - 352
Net portfolio holdings of Maiden Lane III LLC (9) 23,401 + 21 + 2,955
Net portfolio holdings of TALF LLC (10) 478 0 + 478
Preferred interests in AIA Aurora LLC and ALICO
Holdings LLC (11) 25,416 0 + 25,416
Items in process of collection (89) 403 + 129 - 742
Bank premises 2,232 - 4 + 38
Central bank liquidity swaps (12) 6,642 + 5,400 - 169,100
Other assets (13) 90,317 + 428 + 22,906

Total assets (89) 2,339,678 + 2,171 + 260,437

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 Jun 2, 2010 Wednesday Wednesday
Assets, liabilities, and capital May 26, 2010 Jun 3, 2009

Liabilities
Federal Reserve notes, net of F.R. Bank holdings 903,727 + 3,945 + 34,953
Reverse repurchase agreements (14) 59,116 + 958 - 8,304
Deposits (0) 1,303,278 - 3,522 + 215,697
Depository institutions 1,038,827 - 49,576 + 194,150
U.S. Treasury, general account 62,317 + 45,589 + 24,683
U.S. Treasury, supplementary financing account 199,958 + 1 + 25
Foreign official 1,824 + 475 - 77
Other (0) 351 - 11 - 3,085
Deferred availability cash items (89) 3,225 + 1,133 - 226
Other liabilities and accrued dividends (15) 15,375 - 252 + 9,058

Total liabilities (89) 2,284,721 + 2,262 + 251,177

Capital accounts
Capital paid in 26,406 - 10 + 2,340
Surplus 25,665 - 3 + 5,820
Other capital accounts 2,886 - 77 + 1,100

Total capital 54,957 - 91 + 9,260

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, June 2, 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 11,037 369 4,038 404 463 846 1,385 887 324 203 296 652 1,170
Special drawing rights certificate acct. 5,200 196 1,818 210 237 412 654 424 150 90 153 282 574
Coin 1,996 68 76 163 143 291 183 313 28 63 141 195 332
Securities, repurchase agreements,
term auction credit, and other
loans 2,128,278 52,063 910,343 48,050 69,896 234,298 194,697 155,102 52,998 28,183 70,574 86,387 225,688
Securities held outright (1) 2,057,242 52,062 839,464 48,043 69,896 234,298 194,672 155,088 52,991 28,163 70,572 86,385 225,610
U.S. Treasury securities 776,913 19,661 317,022 18,143 26,396 88,482 73,517 58,569 20,012 10,636 26,651 32,623 85,201
Bills (2) 18,423 466 7,517 430 626 2,098 1,743 1,389 475 252 632 774 2,020
Notes and bonds (3) 758,491 19,195 309,504 17,713 25,770 86,384 71,774 57,180 19,537 10,384 26,019 31,849 83,181
Federal agency debt securities (2) 166,715 4,219 68,029 3,893 5,664 18,987 15,776 12,568 4,294 2,282 5,719 7,000 18,283
Mortgage-backed securities (4) 1,113,614 28,182 454,413 26,006 37,836 126,829 105,379 83,951 28,685 15,245 38,201 46,761 122,126
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 71,035 1 70,879 7 0 0 25 14 7 20 3 2 78
Net portfolio holdings of Commercial
Paper Funding Facility LLC (6) 1 0 1 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane LLC (7) 28,367 0 28,367 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane II LLC (8) 15,911 0 15,911 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of Maiden
Lane III LLC (9) 23,401 0 23,401 0 0 0 0 0 0 0 0 0 0
Net portfolio holdings of TALF LLC (10) 478 0 478 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 492 32 0 93 68 13 129 38 6 26 16 35 36
Bank premises 2,232 123 258 70 143 238 219 210 135 109 266 249 212
Central bank liquidity swaps (12) 6,642 245 1,928 726 495 1,849 410 160 62 184 54 91 437
Other assets (13) 90,317 2,564 34,398 4,118 3,998 14,078 7,710 5,525 1,964 1,586 2,471 3,119 8,786
Interdistrict settlement account 0 - 6,252 + 100,956 + 19,418 - 11,754 + 36,068 - 46,301 - 40,250 - 15,419 + 17,410 - 18,527 - 11,805 - 23,544

Total assets 2,339,767 49,408 1,147,388 73,252 63,689 288,093 159,085 122,409 40,248 47,854 55,445 79,205 213,691

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, June 2, 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 1,082,974 34,935 397,887 38,682 44,504 84,115 136,782 86,312 31,969 19,952 29,259 65,188 113,389
Less: Notes held by F.R. Banks 179,247 3,871 60,482 5,407 9,274 12,897 28,975 11,553 4,338 2,976 3,151 11,791 24,532
Federal Reserve notes, net 903,727 31,064 337,405 33,275 35,230 71,218 107,807 74,759 27,631 16,976 26,108 53,397 88,857
Reverse repurchase agreements (14) 59,116 1,496 24,122 1,381 2,008 6,733 5,594 4,457 1,523 809 2,028 2,482 6,483
Deposits 1,303,278 14,612 759,193 32,261 21,784 196,451 41,543 41,098 10,272 27,945 26,459 21,999 109,663
Depository institutions 1,038,827 14,599 494,921 32,256 21,781 196,351 41,540 41,053 10,270 27,944 26,457 21,998 109,657
U.S. Treasury, general account 62,317 0 62,317 0 0 0 0 0 0 0 0 0 0
U.S. Treasury, supplementary
financing account 199,958 0 199,958 0 0 0 0 0 0 0 0 0 0
Foreign official 1,824 1 1,795 4 3 11 2 1 0 1 0 1 3
Other 351 11 201 0 1 89 0 44 1 0 1 0 3
Deferred availability cash items 3,315 133 0 416 527 136 291 287 104 390 170 155 706
Other liabilities and accrued
dividends (15) 15,375 227 10,995 280 303 914 607 485 209 158 215 298 684

Total liabilities 2,284,810 47,531 1,131,715 67,612 59,853 275,451 155,841 121,085 39,738 46,279 54,981 78,331 206,392

Capital
Capital paid in 26,406 916 7,543 2,947 1,907 5,442 1,548 614 239 803 211 414 3,823
Surplus 25,665 945 7,574 2,692 1,910 7,141 1,581 620 240 712 210 353 1,688
Other capital 2,886 16 556 0 19 60 115 90 31 59 43 108 1,788

Total liabilities and capital 2,339,767 49,408 1,147,388 73,252 63,689 288,093 159,085 122,409 40,248 47,854 55,445 79,205 213,691

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, June 2, 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 Jun 2, 2010

Federal Reserve notes outstanding 1,082,974
Less: Notes held by F.R. Banks not subject to collateralization 179,247
Federal Reserve notes to be collateralized 903,727
Collateral held against Federal Reserve notes 903,727
Gold certificate account 11,037
Special drawing rights certificate account 5,200
U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2) 887,490
Other assets pledged 0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2) 2,057,242
Less: Face value of securities under reverse repurchase agreements 58,113
U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged 1,999,130

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.

Statistical releases