The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks November 14, 2024 1. Factors Affecting Reserve Balances of Depository Institutions Millions of dollars Reserve Bank credit, related items, and reserve balances of depository institutions at Federal Reserve Banks Reserve Bank credit Securities held outright1 U.S. Treasury securities Bills2 Notes and bonds, nominal2 Notes and bonds, inflation-indexed2 Inflation compensation3 Federal agency debt securities2 Mortgage-backed securities4 Unamortized premiums on securities held outright5 Unamortized discounts on securities held outright5 Repurchase agreements6 Foreign official Others Loans Primary credit Secondary credit Seasonal credit Paycheck Protection Program Liquidity Facility Bank Term Funding Program Other credit extensions7 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8 Net portfolio holdings of Municipal Liquidity Facility LLC8 Net portfolio holdings of TALF II LLC8 Float Central bank liquidity swaps9 Other Federal Reserve assets10 Foreign currency denominated assets11 Gold stock Special drawing rights certificate account Treasury currency outstanding12 Week ended Nov 13, 2024 Averages of daily figures Change from week ended Nov 6, 2024 Nov 15, 2023 6,931,549 6,608,382 4,340,072 195,293 3,686,010 341,360 117,408 2,347 2,265,963 253,582 -23,987 1 0 1 37,201 2,187 0 54 2,044 32,916 0 + + 10,145 0 0 -295 128 46,392 17,960 11,041 10,200 53,005 + + + + - + + - + 21,298 172 172 0 11 0 182 0 0 457 31 15 0 15 23,337 786 0 1 14 24,109 0 + 9 0 0 34 23 2,288 217 0 0 14 + 7,023,755 21,500 Total factors supplying reserve funds Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. Wednesday Nov 13, 2024 887,896 725,565 528,597 35,973 472,593 24,045 4,013 0 196,969 29,834 2,625 13 0 13 117,047 54 0 27 2,118 79,674 35,229 6,926,251 6,608,370 4,340,060 195,293 3,685,946 341,360 117,461 2,347 2,265,963 253,442 -23,924 6 1 5 31,321 2,830 0 55 2,042 26,395 0 + + 8,970 5,647 1,021 129 159 2,135 145 0 5,000 648 10,153 0 0 -323 128 47,077 17,754 11,041 10,200 53,005 - 882,102 7,018,251 + + - H.4.1 1. Factors Affecting Reserve Balances of Depository Institutions (continued) Millions of dollars Reserve Bank credit, related items, and reserve balances of depository institutions at Federal Reserve Banks Week ended Nov 13, 2024 Averages of daily figures Change from week ended Nov 6, 2024 Nov 15, 2023 Currency in circulation12 Reverse repurchase agreements13 Foreign official and international accounts Others Treasury cash holdings Deposits with F.R. Banks, other than reserve balances Term deposits held by depository institutions U.S. Treasury, General Account Foreign official Other14 Treasury contributions to credit facilities15 Other liabilities and capital16 2,361,460 559,326 383,554 175,772 348 1,008,614 0 832,186 9,682 166,746 4,958 -155,101 + + + + - Total factors, other than reserve balances, absorbing reserve funds Reserve balances with Federal Reserve Banks Note: Components may not sum to totals because of rounding. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. + + + + 3,482 4,134 5,680 9,814 1 1,564 0 9,865 0 8,302 0 2,417 3,779,606 + 3,244,149 - + Wednesday Nov 13, 2024 + + - 35,691 771,357 59,197 830,554 39 100,470 0 93,624 7 6,854 8,400 90,904 2,361,352 628,124 390,018 238,106 346 986,164 0 808,857 9,682 167,624 4,958 -154,741 8,470 - 734,538 3,826,203 29,971 - 147,564 3,192,048 Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. Face value of the securities. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. Cash value of agreements. Includes outstanding loans to depository institutions that were subsequently placed into Federal Deposit Insurance Corporation (FDIC) receivership, including depository institutions established by the FDIC. The Federal Reserve Banks' loans to these depository institutions are secured by pledged collateral and the FDIC provides repayment guarantees. Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below. 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. Includes bank premises, accrued interest, and other accounts receivable. Revalued daily at current foreign currency exchange rates. Estimated. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. Book value. Amount of equity investments in MS Facilities 2020 LLC of $5.0 billion. Includes the liability for earnings remittances due to the U.S. Treasury. Sources: Federal Reserve Banks and the U.S. Department of the Treasury. H.4.1 1A. Memorandum Items Millions of dollars Memorandum item Securities held in custody for foreign official and international accounts Marketable U.S. Treasury securities1 Federal agency debt and mortgage-backed securities2 Other securities3 Securities lent to dealers Overnight facility4 U.S. Treasury securities Federal agency debt securities Note: Components may not sum to totals because of rounding. 1. 2. 3. 4. Week ended Nov 13, 2024 3,328,205 2,940,309 299,452 88,444 36,493 36,493 36,493 0 Averages of daily figures Change from week ended Nov 6, 2024 Nov 15, 2023 + + + + 5,682 5,617 34 100 1,552 1,552 1,552 0 + - 102,370 54,405 53,875 5,911 129 129 129 0 Wednesday Nov 13, 2024 3,325,297 2,937,566 299,470 88,261 37,144 37,144 37,144 0 Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS. Does not include securities pledged as collateral to foreign official and international account holders against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6. Face value of federal agency securities and current face value of mortgage-backed securities, which is the remaining principal balance of the securities. Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed securities, and commercial paper at face value. Face value. Fully collateralized by U.S. Treasury securities. H.4.1 2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, November 13, 2024 Millions of dollars Within 15 days Remaining Maturity Loans U.S. Treasury securities2 Holdings Weekly changes 1,527 1 Federal agency debt securities3 Holdings Weekly changes - 74,216 12,080 2. 3. 4. 5. 6. 7. Over 5 year to 10 years 1,056 1,661 0 486,014 61 1,452,218 + 2 0 0 0 0 486 0 1,861 0 0 0 2,347 0 1 0 14 0 6,113 0 24,093 0 2,235,741 0 2,265,963 0 46 0 0 0 0 1,345 ... 0 ... 0 3,609 ... 0 ... ... ... ... 0 ... ... ... ... 0 ... ... 5,001 6 128 628,124 0 91 days to 1 year 27,078 + 205,975 12,041 0 0 Mortgage-backed securities4 0 Holdings 0 Weekly changes Loan participations held by MS Facilities 2020 LLC (Main Street 0 Lending Program)5 6 Repurchase agreements6 128 Central bank liquidity swaps7 628,124 Reverse repurchase agreements6 0 Term deposits Note: Components may not sum to totals because of rounding. ...Not applicable. 1. Over 1 year to 5 years 16 days to 90 days + + 593,297 22 Over 10 years All ... 1,528,341 50 + 31,321 4,340,060 97 + Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility (PPPLF), Bank Term Funding Program, and other credit extensions. A component of PPPLF loans presented in the Within 15 day category has reached maturity and is recognized as performing loans based upon the underlying guarantee of the collateral by the Small Business Administration. Loans exclude the loans from the Federal Reserve Bank of Boston (FRBB) to MS Facilities 2020 LLC, which were eliminated when preparing the FRBB's statement of condition, consistent with consolidation under generally accepted accounting principles. 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. Face value. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. Book value of the loan participations held by the MS Facilities 2020 LLC. Cash value of agreements. 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. H.4.1 3. Supplemental Information on Mortgage-Backed Securities Millions of dollars Wednesday Nov 13, 2024 Account name 2,265,963 2,257,865 8,098 Mortgage-backed securities held outright1 Residential mortgage-backed securities Commercial mortgage-backed securities 89 Commitments to buy mortgage-backed securities2 Commitments to sell mortgage-backed securities2 15 0 Cash and cash equivalents3 1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. 2. Current face value. Includes residential and commercial mortgage-backed securities. Residential mortgage-backed securities generally settle within 180 calendar days and include commitments associated with outright transactions, dollar rolls, and coupon swaps. Commercial mortgage-backed securities generally settle within three business days. 3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5 and table 6. 4. Information on Principal Accounts of Credit Facilities LLC Millions of dollars Wednesday Nov 13, 2024 Net portfolio holdings of Credit Facilities LLC Credit Facilities LLC: Outstanding principal amount of loan extended to the LLC1 MS Facilities 2020 LLC (Main Street Lending 4,035 Program) Note: Components may not sum to totals because of rounding. 1. 2. 3. Outstanding amount of facility asset purchases2 4,413 Treasury contributions and other assets3 5,741 Total 10,153 Book value. This amount was eliminated when preparing the Federal Reserve Banks' statement of condition consistent with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 6. Loans are extended from the Federal Reserve Bank to the LLC upon settlement of the investment activity. Outstanding amount of facility asset purchases includes loan participations at face value, net of an allowance for credit losses, updated as of September 30, 2024. Includes short term receivables, interest and dividend receivables, and other assets of the facility. Also includes the portion of the Treasury contribution to the credit facilities, which is held as investments in nonmarketable Treasury securities and the residual portion which is held as cash and cash equivalents at the FRBNY. The amount of cash and cash equivalents held at the FRBNY are eliminated in consolidation and, as result, are excluded from net portfolio holdings in Tables 1, 5, and 6. Refer to the note on consolidation accompanying table 6. H.4.1 5. Consolidated Statement of Condition of All Federal Reserve Banks Millions of dollars Assets, liabilities, and capital Assets Gold certificate account Special drawing rights certificate account Coin Securities, unamortized premiums and discounts, repurchase agreements, and loans Securities held outright1 U.S. Treasury securities Bills2 Notes and bonds, nominal2 Notes and bonds, inflation-indexed2 Inflation compensation3 Federal agency debt securities2 Mortgage-backed securities4 Unamortized premiums on securities held outright5 Unamortized discounts on securities held outright5 Repurchase agreements6 Loans7 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)8 Net portfolio holdings of Municipal Liquidity Facility LLC8 Net portfolio holdings of TALF II LLC8 Items in process of collection Bank premises Central bank liquidity swaps9 Foreign currency denominated assets10 Other assets11 Eliminations from consolidation Wednesday Nov 13, 2024 11,037 10,200 1,467 (0) Change since Wednesday Wednesday Nov 6, 2024 Nov 15, 2023 - 6,869,215 6,608,370 4,340,060 195,293 3,685,946 341,360 117,461 2,347 2,265,963 253,442 -23,924 6 31,321 + + 10,153 0 0 77 422 128 17,754 46,655 + (0) 6,967,108 Total assets Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 0 0 13 + + 0 5,000 26 28,846 97 97 0 75 0 172 0 0 428 17 95 28,437 + + - 850,036 699,527 502,559 35,973 446,505 24,045 3,964 0 196,968 29,778 2,602 70 123,263 + + + 10 0 0 7 3 23 210 1,881 + + 8,654 5,649 1,021 16 11 159 201 12,807 - 27,191 - 847,883 + + - H.4.1 5. Consolidated Statement of Condition of All Federal Reserve Banks (continued) Millions of dollars Assets, liabilities, and capital Liabilities Federal Reserve notes, net of F.R. Bank holdings Reverse repurchase agreements12 Deposits Term deposits held by depository institutions Other deposits held by depository institutions U.S. Treasury, General Account Foreign official Other13 Deferred availability cash items Treasury contributions to credit facilities14 Other liabilities and accrued dividends15 Total liabilities Capital accounts Capital paid in Surplus Other capital accounts Total capital Note: Components may not sum to totals because of rounding. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. Eliminations from consolidation (0) (0) (0) (0) Wednesday Nov 13, 2024 Change since Wednesday Wednesday Nov 6, 2024 Nov 15, 2023 2,310,155 628,124 4,178,212 0 3,192,048 808,857 9,682 167,624 400 4,958 -198,379 + + - + - + 1,677 55,047 86,058 0 63,484 31,370 1 8,795 44 0 2,099 + + + - 33,745 639,849 142,417 0 291,277 138,881 7 9,986 142 8,400 91,965 6,923,470 - 27,191 - 848,745 36,853 6,785 0 0 0 0 + 862 0 0 43,638 0 + 862 + + + Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. Face value of the securities. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities. Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury securities, Federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility, Bank Term Funding Program, and other credit extensions. Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below. 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. Revalued daily at current foreign currency exchange rates. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. Book value. Amount of equity investments in MS Facilities 2020 LLC of $5.0 billion. Includes the liability for earnings remittances due to the U.S. Treasury. H.4.1 6. Statement of Condition of Each Federal Reserve Bank, November 13, 2024 Millions of dollars Assets, liabilities, and capital Assets Gold certificates and special drawing rights certificates Coin Securities, unamortized premiums and discounts, repurchase agreements, and loans1 Net portfolio holdings of MS Facilities 2020 LLC (Main Street Lending Program)2 Central bank liquidity swaps3 Foreign currency denominated assets4 Other assets5 Interdistrict settlement account Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City San Francisco Dallas 21,237 1,467 729 53 6,619 48 657 167 997 43 1,557 192 2,999 108 1,417 249 635 31 355 56 599 96 1,786 184 2,887 238 6,869,215 143,743 3,682,610 102,490 268,282 683,882 461,201 379,015 97,703 44,979 77,537 303,975 623,798 10,153 128 10,153 5 0 44 0 5 0 14 0 25 0 4 0 6 0 3 0 1 0 1 0 3 0 16 17,754 47,154 0 + 741 1,104 6,108 - 6,140 22,698 92,175 + 625 796 49,433 + 1,889 1,830 9,838 - 6,967,108 162,636 3,625,984 154,172 282,893 Total assets Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 3,502 4,897 38,100 + 655,956 582 4,090 577 469,561 871 2,569 28,100 + 356,028 400 1,033 12,154 + 111,959 111 572 7,554 53,629 193 887 12,112 + 67,201 427 2,307 13,158 + 321,839 2,273 4,371 71,665 705,248 H.4.1 6. Statement of Condition of Each Federal Reserve Bank, November 13, 2024 (continued) Millions of dollars Assets, liabilities, and capital Liabilities Federal Reserve notes, net Reverse repurchase agreements6 Deposits Depository institutions U.S. Treasury, General Account Foreign official Other7 Earnings remittances due to the U.S. Treasury8 Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City San Francisco Dallas 2,310,155 628,124 4,178,212 85,456 13,065 59,925 753,847 338,019 2,642,586 55,547 9,358 90,414 114,443 24,494 148,263 168,729 62,610 448,207 360,025 42,024 65,191 105,194 34,665 228,132 77,777 8,789 24,211 30,349 3,924 19,190 28,912 6,906 31,458 201,042 27,430 93,206 328,833 56,840 327,428 3,192,048 808,857 9,682 167,624 59,920 0 2 4 1,767,286 808,857 9,656 56,787 90,413 0 1 0 148,229 0 4 30 447,635 0 8 564 65,165 0 1 26 118,158 0 2 109,971 24,207 0 1 4 19,109 0 0 82 31,428 0 0 29 93,116 0 1 89 327,383 0 5 40 -209,476 -4,067 -127,809 -2,992 -9,345 -33,694 71 -14,833 5 -261 -791 -1,434 -14,328 4,958 4,958 0 0 0 0 0 0 0 0 0 0 0 11,497 1,445 4,460 319 459 1,537 767 667 183 146 230 348 936 6,923,470 160,783 3,611,102 152,647 278,314 647,390 468,079 353,825 110,966 53,348 66,715 320,592 699,710 36,853 6,785 0 1,571 283 0 12,536 2,346 0 1,287 239 0 3,857 722 0 7,228 1,339 0 1,260 222 0 1,870 333 0 840 153 0 238 42 0 412 74 0 1,085 163 0 4,670 869 0 6,967,108 162,636 3,625,984 154,172 282,893 Total liabilities and capital Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 655,956 469,561 356,028 111,959 53,629 67,201 321,839 705,248 Treasury contributions to credit facilities9 Other liabilities and accrued dividends Total liabilities Capital Capital paid in Surplus Other capital H.4.1 6. Statement of Condition of Each Federal Reserve Bank, November 13, 2024 (continued) 1. 2. 3. 4. 5. 6. 7. 8. 9. Securities include outright holdings of U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, including securities lent to dealers under the overnight securities lending facility; refer to table 1A. Mortgage-backed securities are guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Unamortized premiums and discounts are the differences between the purchase price and the face value of the securities that have not been amortized. For U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities, amortization is on an effective-interest basis. Repurchase agreements reflect the cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities. Loans includes primary, secondary, and seasonal loans and credit extended through the Paycheck Protection Program Liquidity Facility, Bank Term Funding Program, and other credit extensions. Includes assets purchased pursuant to terms of the credit facility and amounts related to Treasury contributions to the facility. Refer to note on consolidation below. 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. Revalued daily at current foreign currency exchange rates. Includes items in process of collection, bank premises, accrued interest (which represents the daily accumulation of interest earned), and other accounts receivable. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, designated financial market utilities, and deposits held by depository institutions in joint accounts in connection with their participation in certain private-sector payment arrangements. Also includes certain deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States. The Federal Reserve Banks remit residual net earnings to the U.S. Treasury after providing for the costs of operations, payment of dividends, and the amount necessary to maintain each Federal Reserve Bank's allotted surplus cap. Positive amounts represent the estimated weekly remittances due to U.S. Treasury. Negative amounts represent the cumulative deferred asset position, which is incurred during a period when earnings are not sufficient to provide for the cost of operations, payment of dividends, and maintaining surplus. The deferred asset is the amount of net earnings that the Federal Reserve Banks need to realize before remittances to the U.S. Treasury resume. Book value. Amount of equity investments in MS Facilities 2020 LLC of $5.0 billion. Note on consolidation: The Federal Reserve Bank of New York (FRBNY) and the Federal Reserve Bank of Boston (FRBB) have extended loans to limited liability companies under the authority of section 13(3) of the Federal Reserve Act. On June 5, 2020, FRBNY began extending loans to the Municipal Liquidity Facility LLC (MLF LLC), a limited liability company formed to purchase municipal notes from eligible issuers. The assets of the MLF LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On June 25, 2020, FRBNY began extending loans to the TALF II LLC, a special purpose vehicle that was formed to help support the flow of credit to consumers and businesses. The assets of the TALF II LLC and the amount provided by U.S. Treasury as credit protection to the FRBNY are used to secure the loan from the FRBNY. On July 15, 2020, the FRBB began extending loans to the MS Facilities 2020 LLC (Main Street Lending Program), a special purpose vehicle that was formed to help ensure credit flows to small and medium-sized businesses and to eligible nonprofits. The assets of the MS Facilities 2020 LLC and the amount provided by U.S. Treasury as credit protection to the FRBB are used to secure the loan from the FRBB. The FRBNY is the managing member of MLF LLC and TALF II LLC. The FRBB is the managing member of MS Facilities 2020 LLC (Main Street Lending Program). Consistent with generally accepted accounting principles, the assets and liabilities of each LLC have been accounted for and consolidated with the assets and liabilities of the FRBNY or FRBB, in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the loan from the Reserve Bank to the LLC is eliminated as are any balances held at the FRBNY for LLCs consolidated to FRBNY or FRBB for LLCs consolidated to FRBB. Treasury contributions to credit facilities are held at FRBNY until invested. Net assets of the LLC appears as assets on table 6 (and in table 1 and table 5), and the liabilities of the LLC to entities other than the FRBNY or FRBB, including those with recourse only to the portfolio holdings of the LLC, are included in other liabilities in this table (and table 1 and table 5). The amount provided by U.S. Treasury as credit protection to FRBNY and FRBB appears as liabilities on table 6 (and in table 1 and table 5). H.4.1 7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts Millions of dollars Federal Reserve notes and collateral Federal Reserve notes outstanding Less: Notes held by F.R. Banks not subject to collateralization Federal Reserve notes to be collateralized Collateral held against Federal Reserve notes Gold certificate account Special drawing rights certificate account U.S. Treasury, agency debt, and mortgage-backed securities pledged1,2 Other assets pledged Memo: Total U.S. Treasury, agency debt, and mortgage-backed securities1,2 Less: Face value of securities under reverse repurchase agreements U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged Note: Components may not sum to totals because of rounding. 1. 2. 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. Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A. Wednesday Nov 13, 2024 2,783,063 472,908 2,310,155 2,310,155 11,037 10,200 2,288,918 0 6,608,376 687,292 5,921,085