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FEDERAL RESERVE statistical release For Release at 4:30 P.M. EDT June 12, 2014 Table 10 line items “Less: Face value of securities under reverse repurchase agreements” and “U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged” have been corrected to include securities pledged as collateral for tri-party reverse repurchase agreements. The revised data are reported at the following link: http://www.federalreserve.gov/releases/h41/2014update.htm. Historical data incorporating this correction can be accessed through the Data Download Program (DDP) at http://www.federalreserve.gov/datadownload/Choose.aspx?rel=H41. FEDERAL RESERVE statistical release For release at 4:30 P.M. EDT October 21, 2010 The Board’s H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks," has been modified to reflect the recent expansion of the set of counterparties with whom the Federal Reserve might conduct reverse repurchase agreements for the purposes of open market operations. (See http://www.ny.frb.org/markets/rrp_counterparties.html). As a result of this expansion, the line "Dealers" under the heading "Reverse repurchase agreements" will be replaced with "Others" in table 1. Currently, the set of counterparties in the "Others" category is primary dealers and an eligible set of money market funds. FEDERAL RESERVE statistical release H.4.1 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks October 21, 2010 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 Repurchase agreements5 Term auction credit Other loans Primary credit Secondary credit Seasonal credit Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility Credit extended to American International Group, Inc., net6 Term Asset-Backed Securities Loan Facility7 Other credit extensions Net portfolio holdings of Commercial Paper Funding Facility LLC8 Net portfolio holdings of Maiden Lane LLC9 Net portfolio holdings of Maiden Lane II LLC10 Net portfolio holdings of Maiden Lane III LLC11 Net portfolio holdings of TALF LLC12 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC13 Float Central bank liquidity swaps14 Other Federal Reserve assets15 Gold stock Special drawing rights certificate account Treasury currency outstanding16 Week ended Oct 20, 2010 2,283,777 2,044,742 824,964 18,423 758,700 42,318 5,523 151,904 1,067,874 0 0 48,582 32 0 45 Averages of daily figures Change from week ended Oct 13, 2010 Oct 21, 2009 + + + - + - 0 19,607 28,899 0 0 27,953 15,677 22,835 601 26,057 -1,705 560 98,475 11,041 5,200 43,420 9,375 8,504 3,813 0 3,799 0 14 1,652 10,665 0 0 539 17 0 10 + + + + + + - 0 - + + + + - + Wednesday Oct 20, 2010 112,077 366,857 51,488 0 54,037 2,325 225 14,038 301,331 0 155,441 59,587 23,808 424 32 2,287,900 2,048,615 832,121 18,423 765,851 42,318 5,529 150,743 1,065,751 0 0 48,284 20 0 39 0 0 189 356 0 - 21,354 13,968 0 19,326 28,899 0 0 558 3 46 0 + + + + 39,812 1,587 1,210 2,605 601 0 27,886 15,684 22,844 601 0 26 500 349 0 0 14 + + + + 26,057 119 41,077 8,957 0 0 816 26,057 -1,742 560 99,111 11,041 5,200 43,420 + 112,894 2,347,561 Total factors supplying reserve funds 2,343,438 9,361 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 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 Currency in circulation16 Reverse repurchase agreements17 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 U.S. Treasury, supplementary financing account Foreign official Service-related Required clearing balances Adjustments to compensate for float Other Other liabilities and capital18 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. Week ended Oct 20, 2010 Averages of daily figures Change from week ended Oct 13, 2010 Oct 21, 2009 961,745 61,696 60,808 889 235 264,052 5,113 49,934 199,962 1,380 2,399 2,399 0 5,265 72,508 + + + + + + + + - + - 327 25 913 889 10 30,437 0 27,154 0 15 1 1 0 3,300 489 1,360,236 + 983,202 - 1. 2. 3. 4. + - Wednesday Oct 20, 2010 + + 46,185 2,111 2,999 889 66 109,343 5,113 33,527 134,982 275 996 996 0 4,046 10,377 962,429 58,560 56,490 2,070 226 262,037 5,113 52,223 199,962 1,656 2,399 2,399 0 682 71,624 29,606 + 163,728 1,354,876 38,967 - 50,834 992,685 Includes securities lent to dealers under the overnight and term securities lending facilities; 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. 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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC. 9. Refer to table 4 and the note on consolidation accompanying table 10. 10. Refer to table 5 and the note on consolidation accompanying table 10. 11. Refer to table 6 and the note on consolidation accompanying table 10. 12. Refer to table 7 and the note on consolidation accompanying table 10. 13. Refer to table 8. 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, federal agency debt securities, and mortgage-backed securities. 18. Includes the liabilities of 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 7 and the note on consolidation accompanying table 10. Sources: Federal Reserve Banks and the U.S. Department of the Treasury. H.4.1 1A. Memorandum Items Millions of dollars Memorandum item Week ended Oct 20, 2010 Marketable securities held in custody for foreign official and international accounts1 U.S. Treasury securities Federal agency securities2 Securities lent to dealers Overnight facility3 U.S. Treasury securities Federal agency debt securities Term facility4 Note: Components may not sum to totals because of rounding. Averages of daily figures Change from week ended Oct 13, 2010 Oct 21, 2009 3,281,131 2,547,352 733,779 5,815 5,815 4,339 1,476 0 + + - 14,086 29,463 15,377 1,684 1,684 1,466 218 0 + + + Wednesday Oct 20, 2010 393,925 423,196 29,272 1,593 1,593 2,476 883 0 3,281,894 2,548,943 732,951 4,694 4,694 3,536 1,158 0 1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and mortgage-backed securities at original 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, October 20, 2010 Millions of dollars Within 15 days Remaining maturity Other loans1 U.S. Treasury securities2 Holdings Weekly changes Federal agency debt securities3 Holdings Weekly changes Mortgage-backed securities4 Holdings Weekly changes Asset-backed securities held by TALF LLC5 Repurchase agreements6 Central bank liquidity swaps7 16 days to 90 days 58 91 days to 1 year 2 Over 1 year to 5 years 0 Over 5 years to 10 years 48,225 Over 10 years 0 + 18,034 5,316 - 15,883 4,454 - 48,851 1,441 + 359,911 4,180 + 246,208 7,242 - 1,062 1,439 + 3,796 446 + 38,217 154 + 73,522 347 - 31,799 947 - 27 1 21 0 All ... 48,284 143,234 121 + 832,121 10,965 2,347 0 - 150,743 1,439 1,065,702 12,788 - + 0 0 0 0 0 0 0 0 560 0 0 0 0 ... 0 0 ... 0 0 ... 0 0 ... 0 0 0 560 0 0 ... 0 ... ... ... ... ... ... 58,560 5,113 Reverse repurchase agreements6 58,560 Term deposits 5,113 Note: Components may not sum to totals because of rounding. . . . Not applicable. - 1,065,751 12,788 1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets. 6. Cash value of agreements. 7. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign central bank. H.4.1 3. Supplemental Information on Mortgage-Backed Securities Purchase Program Millions of dollars Account name Mortgage-backed securities held outright1 Commitments to buy mortgage-backed securities2 Commitments to sell mortgage-backed securities2 Wednesday Oct 20, 2010 1,065,751 0 0 Cash and cash equivalents3 1 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, dollar rolls, and coupon swaps. 3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10. 4. Information on Principal Accounts of Maiden Lane LLC Millions of dollars Account name Net portfolio holdings of Maiden Lane LLC1 Wednesday Oct 20, 2010 27,886 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 26,973 Accrued interest payable to the Federal Reserve Bank of New York2 578 Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3 1,301 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 June 30, 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 10. 3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10. Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the FRBNY. 5. Information on Principal Accounts of Maiden Lane II LLC Millions of dollars Account name Net portfolio holdings of Maiden Lane II LLC1 Wednesday Oct 20, 2010 15,684 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 13,452 Accrued interest payable to the Federal Reserve Bank of New York2 418 Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3 1,064 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 June 30, 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 10. 3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10. Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the FRBNY and AIG subsidiaries. H.4.1 6. Information on Principal Accounts of Maiden Lane III LLC Millions of dollars Account name Net portfolio holdings of Maiden Lane III LLC1 Wednesday Oct 20, 2010 22,844 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 14,290 Accrued interest payable to the Federal Reserve Bank of New York2 510 Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3 5,331 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 June 30, 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 10. 3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10. Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and AIG. 7. Information on Principal Accounts of TALF LLC Millions of dollars Account name Asset-backed securities holdings1 Other investments, net Net portfolio holdings of TALF LLC Wednesday Oct 20, 2010 0 601 601 Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2 0 Accrued interest payable to the Federal Reserve Bank of New York2 0 Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable3 105 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 10. 3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10. Note: On November 25, 2008, the Federal Reserve 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 $4.3 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. H.4.1 8. Supplemental Information on the Federal Reserve Bank of New York’s Preferred Interests in AIA Aurora LLC and ALICO Holdings LLC Millions of dollars Account name Wednesday Oct 20, 2010 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC1 Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC2 26,057 71 Preferred interests in AIA Aurora LLC1 Accrued dividends on preferred interests in AIA Aurora LLC2 16,676 46 Preferred interests in ALICO Holdings LLC1 Accrued dividends on preferred interests in ALICO Holdings LLC2 Note: Components may not sum to totals because of rounding. 9,380 26 1. Book value. 2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10. 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. H.4.1 9. 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, repurchase agreements, term auction credit, and other 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 Repurchase agreements5 Term auction credit Other loans Net portfolio holdings of Commercial Paper Funding Facility LLC6 Net portfolio holdings of Maiden Lane LLC7 Net portfolio holdings of Maiden Lane II LLC8 Net portfolio holdings of Maiden Lane III LLC9 Net portfolio holdings of TALF LLC10 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC11 Items in process of collection Bank premises Central bank liquidity swaps12 Other assets13 Eliminations from consolidation Wednesday Oct 20, 2010 11,037 5,200 2,146 2,096,899 2,048,615 832,121 18,423 765,851 42,318 5,529 150,743 1,065,751 0 0 48,284 0 27,886 15,684 22,844 601 (95) 26,057 351 2,225 560 96,835 Total assets (95) 2,308,326 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. Change since Wednesday Wednesday Oct 13, 2010 Oct 21, 2009 + + 0 0 40 - 143,809 358,420 58,635 0 61,188 2,325 229 10,902 288,883 0 155,440 59,171 0 633 8 10 0 + + + + 39,429 1,488 1,208 2,607 601 + + - 0 102 1 500 203 + + 26,057 185 0 41,077 8,856 - 4,693 + 104,058 + + - - + + 4,316 3,262 10,965 0 10,950 0 15 1,439 12,788 0 0 1,054 + + + + 0 0 121 + + + H.4.1 9. 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 agreements14 Deposits Term deposits held by depository institutions Other deposits held by depository institutions U.S. Treasury, general account U.S. Treasury, supplementary financing account Foreign official Other Deferred availability cash items 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. Eliminations from consolidation (0) (0) (95) (95) Wednesday Oct 20, 2010 Change since Wednesday Wednesday Oct 13, 2010 Oct 21, 2009 921,378 58,560 1,254,670 5,113 995,033 52,223 199,962 1,656 682 2,093 15,126 - + + 1,202 1,413 560 0 33,738 36,586 0 441 3,849 1,237 105 + + + + + 46,055 5,048 53,613 5,113 64,536 21,507 134,982 111 329 491 4,612 2,251,827 - 4,307 + 98,741 26,701 25,892 3,905 + + - 6 6 398 + + - 1,779 4,494 957 56,499 - 385 + 5,317 + Includes securities lent to dealers under the overnight and term securities lending facilities; 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. 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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC. 7. Refer to table 4 and the note on consolidation accompanying table 10. 8. Refer to table 5 and the note on consolidation accompanying table 10. 9. Refer to table 6 and the note on consolidation accompanying table 10. 10. Refer to table 7 and the note on consolidation accompanying table 10. 11. Refer to table 8. 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, federal agency debt securities, and mortgage-backed securities. 15. Includes the liabilities of 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 7 and the note on consolidation accompanying table 10. H.4.1 10. Statement of Condition of Each Federal Reserve Bank, October 20, 2010 Millions of dollars Assets, liabilities, and capital Assets Gold certificate account Special drawing rights certificate acct. Coin Securities, repurchase agreements, term auction credit, and other loans Securities held outright1 U.S. Treasury securities Bills2 Notes and bonds3 Federal agency debt securities2 Mortgage-backed securities4 Repurchase agreements5 Term auction credit Other loans Net portfolio holdings of Commercial Paper Funding Facility LLC6 Net portfolio holdings of Maiden Lane LLC7 Net portfolio holdings of Maiden Lane II LLC8 Net portfolio holdings of Maiden Lane III LLC9 Net portfolio holdings of TALF LLC10 Preferred interests in AIA Aurora LLC and ALICO Holdings LLC11 Items in process of collection Bank premises Central bank liquidity swaps12 Other assets13 Interdistrict settlement account Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Kansas City Minneapolis San Francisco Dallas 11,037 5,200 2,146 369 196 64 4,038 1,818 77 404 210 168 463 237 158 846 412 317 1,385 654 202 887 424 328 324 150 34 203 90 61 296 153 155 652 282 227 1,170 574 355 2,096,899 2,048,615 832,121 18,423 813,698 150,743 1,065,751 0 0 48,284 51,844 51,844 21,058 466 20,592 3,815 26,971 0 0 0 884,168 835,943 339,549 7,517 332,032 61,511 434,883 0 0 48,225 47,851 47,841 19,432 430 19,002 3,520 24,888 0 0 10 69,603 69,603 28,272 626 27,646 5,122 36,210 0 0 0 233,315 233,315 94,770 2,098 92,671 17,168 121,378 0 0 0 193,860 193,856 78,742 1,743 76,998 14,264 100,849 0 0 4 154,443 154,438 62,731 1,389 61,342 11,364 80,343 0 0 6 52,770 52,769 21,434 475 20,959 3,883 27,452 0 0 1 28,067 28,045 11,392 252 11,139 2,064 14,590 0 0 22 70,285 70,276 28,545 632 27,913 5,171 36,560 0 0 10 86,029 86,022 34,941 774 34,168 6,330 44,751 0 0 6 224,665 224,664 91,255 2,020 89,235 16,531 116,877 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 27,886 0 27,886 0 0 0 0 0 0 0 0 0 0 15,684 0 15,684 0 0 0 0 0 0 0 0 0 0 22,844 601 0 0 22,844 601 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26,057 446 2,225 560 96,835 0 0 13 127 21 2,780 2,608 26,057 0 255 163 36,385 + 127,864 0 69 69 61 4,574 25,430 0 122 141 42 4,372 19,218 0 7 239 156 15,444 14,636 0 67 218 35 8,248 41,686 0 40 210 14 5,880 35,125 0 17 135 5 2,072 12,846 0 14 108 16 1,728 2,403 0 26 265 5 2,620 17,852 0 40 247 8 3,319 2,117 0 31 213 37 9,414 10,021 + + - Total assets 2,308,420 58,022 1,147,840 78,836 55,921 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. - 236,099 - 162,981 - 127,101 - 42,661 - 27,883 - 55,953 - 88,686 - 226,438 H.4.1 10. Statement of Condition of Each Federal Reserve Bank, October 20, 2010 (continued) Millions of dollars Assets, liabilities, and capital Liabilities Federal Reserve notes outstanding Less: Notes held by F.R. Banks Federal Reserve notes, net Reverse repurchase agreements14 Deposits Term deposits held by depository institutions Other deposits held by depository institutions U.S. Treasury, general account U.S. Treasury, supplementary financing account Foreign official Other Deferred availability cash items Other liabilities and accrued dividends15 Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City San Francisco Dallas 1,130,880 209,502 921,378 58,560 1,254,670 40,920 4,236 36,684 1,482 17,675 388,106 83,124 304,983 23,896 791,694 45,701 5,521 40,180 1,368 31,130 45,941 8,350 37,591 1,990 11,672 89,336 14,149 75,188 6,669 140,674 144,286 27,203 117,083 5,541 36,465 87,372 12,848 74,524 4,415 46,159 32,796 4,523 28,273 1,508 12,148 20,071 5,986 14,084 802 10,902 33,668 3,493 30,176 2,009 22,989 76,663 12,046 64,616 2,459 20,394 126,021 28,024 97,997 6,422 112,767 5,113 50 3,573 0 10 63 2 103 28 2 18 5 1,260 995,033 52,223 17,614 0 534,066 52,223 31,126 0 11,658 0 140,456 0 36,461 0 45,787 0 12,118 0 10,899 0 22,970 0 20,388 0 111,489 0 199,962 1,656 682 2,188 0 1 10 90 199,962 1,628 241 0 0 4 0 224 0 3 1 512 0 11 144 92 0 2 0 118 0 1 268 161 0 0 2 58 0 1 0 322 0 0 1 106 0 1 0 100 0 3 15 404 15,126 202 11,363 242 263 752 519 424 187 143 191 265 576 2,251,922 56,133 1,131,935 73,145 52,027 223,375 159,726 125,683 42,174 26,254 55,471 87,834 218,166 26,701 25,892 3,905 916 946 28 7,665 7,687 553 2,829 2,804 57 1,924 1,911 60 5,434 7,141 149 1,552 1,581 122 663 621 134 215 239 33 807 712 111 225 210 48 400 353 98 4,071 1,688 2,513 Total liabilities and capital 2,308,420 58,022 1,147,840 78,836 55,921 Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table. 236,099 162,981 127,101 42,661 27,883 55,953 88,686 226,438 Total liabilities Capital Capital paid in Surplus Other capital H.4.1 10. Statement of Condition of Each Federal Reserve Bank, October 20, 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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC. 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 7 and the note on consolidation below. 11. Refer to table 8. 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, federal agency debt securities, and mortgage-backed securities. 15. Includes the liabilities of 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 7 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 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 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 9), and the liabilities of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this table (and table 1 and table 9). H.4.1 11. 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. 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. Wednesday Oct 20, 2010 1,130,880 209,502 921,378 921,378 11,037 5,200 905,141 0 2,048,615 56,976 1,991,639