Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 829,430 + 2,460 + 39,440 832,437

Securities held outright 763,824 + 1,423 + 38,376 764,877

U.S. Treasury1 763,824 + 1,423 + 38,376 764,877

Bills2 275,370 0 + 10,355 275,370

Notes and bonds, nominal2 462,230 + 1,380 + 23,552 463,264

Notes and bonds, inflation-indexed2 22,646 0 + 3,538 22,646

Inflation compensation3 3,578 + 43 + 932 3,597

Federal agency2 0 0 0 0

Repurchase agreements4 25,821 - 608 + 321 26,750

Loans to depository institutions 223 + 28 + 71 219

Primary credit 14 - 9 + 12 4

Secondary credit 0 0 0 0

Seasonal credit 209 + 37 + 59 216

Float -13 + 1,507 + 291 991

Other Federal Reserve assets 39,574 + 109 + 380 39,600

Gold stock 11,041 0 - 1 11,041

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding5 38,005 + 14 + 1,446 38,005

Total factors supplying reserve funds 880,676 + 2,474 + 40,886 883,683

Currency in circulation5 796,811 - 1,388 + 35,705 797,015

Reverse repurchase agreements6 24,067 + 483 - 276 23,769

Foreign official and international accounts 24,067 + 483 - 276 23,769

Dealers 0 0 0 0

Treasury cash holdings 197 + 9 - 90 205

Deposits with F.R. Banks, other than reserve balances 13,179 + 389 - 873 13,488

U.S. Treasury, general account 5,233 + 363 + 455 5,552

Foreign official 85 - 3 - 19 87

Service-related 7,579 - 1 - 1,271 7,579

Required clearing balances 7,579 - 1 - 1,271 7,579

Adjustments to compensate for float 0 0 0 0

Other 282 + 29 - 39 270

Other liabilities and capital 35,043 + 1,041 + 5,795 34,540

Total factors, other than reserve balances,

absorbing reserve funds 869,297 + 533 + 40,261 869,018

Reserve balances with Federal Reserve Banks 11,379 + 1,941 + 625 14,665

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,625,916 + 11,361 + 194,279 1,628,450

U.S. Treasury 1,120,287 + 5,639 + 31,471 1,121,697

Federal agency 505,629 + 5,722 + 162,808 506,753

Securities lent to dealers 1,919 - 957 - 2,480 3,418

FEDERAL RESERVE statistical release

 June 8, 2006

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

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

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Estimated.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.

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

Change from week ended Wednesday

 Jun 7, 2006 Week ended

 Jun 7, 2006 May 31, 2006 Jun 8, 2005
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.

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. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

6. Cash value of agreements, which are collateralized by U.S. Treasury securities.

7. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 703 - 13 + 91

Securities, repurchase agreements, and loans 791,846 - 1,522 + 35,736

Securities held outright 764,877 + 2,466 + 39,417

U.S. Treasury1 764,877 + 2,466 + 39,417

Bills2 275,370 0 + 10,355

Notes and bonds, nominal2 463,264 + 2,414 + 24,586

Notes and bonds, inflation-indexed2 22,646 0 + 3,538

Inflation compensation3 3,597 + 52 + 938

Federal agency2 0 0 0

Repurchase agreements4 26,750 - 4,000 - 3,750

Loans 219 + 12 + 70

Items in process of collection (1,144) 7,192 - 1,220 + 455

Bank premises 1,847 + 10 + 26

Other assets5 37,658 + 344 + 58

Total assets (1,144) 852,484 - 2,399 + 36,367

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 759,914 - 2,116 + 34,213

Reverse repurchase agreements6 23,769 - 834 - 187

Deposits (0) 28,059 + 1,699 - 2,301

Depository institutions 22,150 - 1,245 - 2,972

U.S. Treasury, general account 5,552 + 2,915 + 926

Foreign official 87 + 1 - 25

Other (0) 270 + 28 - 231

Deferred availability cash items (1,144) 6,202 - 1,181 - 504

Other liabilities and accrued dividends7 5,056 + 168 + 1,555

Total liabilities (1,144) 822,999 - 2,265 + 32,774

Capital accounts

Capital paid in 14,965 + 9 + 2,061

Surplus 12,901 0 + 1,461

Other capital accounts 1,618 - 144 + 70

Total capital 29,484 - 135 + 3,592

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jun 8, 2005

Eliminations from

consolidation Wednesday

 Jun 7, 2006

Wednesday

 May 31, 2006

3. Maturity Distribution of Loans and Securities, June 7, 2006

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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

 . . . Not applicable.

1. 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.

2. Cash value of agreements classified by remaining maturity of the agreements.

Reverse

repurchase

agreements2

Within 15 days 38 58,519 - 15 0 0 26,750 23,769

16 days to 90 days 181 173,401 + 8,956 0 0 0 0

91 days to 1 year 0 179,347 - 8,937 0 0 . . . . . . 

Over 1 year to 5 years . . . 214,618 + 1,350 0 0 . . . . . . 

Over 5 years to 10 years . . . 60,688 + 1,088 0 0 . . . . . . 

Over 10 years . . . 78,304 + 24 0 0 . . . . . . 

All 219 764,877 + 2,466 0 0 26,750 23,769

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on June 7, 2006Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements,

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

Note: Components may not sum to totals because of rounding.1. Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.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 sec4. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.5. Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.

 11,037 2,200 703 791,846 764,877 764,877 275,370 489,507 0 26,750 219 8,336 1,847 37,658 0 853,627

Assets, liabilities, and capital

 4,139 874 47 309,852 283,102 283,102 101,922 181,180 0 26,750 0 594 205 13,557 + 275 329,543

 486 115 34 36,506 36,499 36,499 13,140 23,358 0 0 8 653 113 1,173 - 1,423 37,657

 463 83 33 33,208 33,208 33,208 11,955 21,252 0 0 0 649 57 1,880 + 1,261 37,634

 446 104 68 33,027 33,027 33,027 11,890 21,137 0 0 0 530 156 2,224 + 606 37,163

 853 147 62 63,538 63,538 63,538 22,875 40,663 0 0 0 618 153 6,880 + 2,651 74,902

 1,023 166 84 64,043 64,033 64,033 23,053 40,980 0 0 10 1,189 230 2,662 + 2,029 71,428

 947 212 76 70,318 70,231 70,231 25,284 44,946 0 0 87 322 209 2,649 - 7,244 67,489

 328 71 33 24,325 24,301 24,301 8,749 15,552 0 0 24 171 69 716 - 193 25,520

 2   15,6 15,5 15,5 5,5 9,9    3 1 6 +  17,0
 925,033

 165,119 759,914 759,914 11,037 2,200 746,677 0 791,627 23,799 767,828

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding.1. Cash value of agreements, which are collateralized by U.S. Treasury securities.2. Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.

 925,033 165,119 759,914 23,769 28,059 22,150 5,552 87 270 7,345 5,056 824,143 14,965 12,901 1,618 853,627

 38,340 4,060 34,279 1,134 751 750 0 1 1 482 246 36,893 382 317 65 37,657

 344,772 47,851 296,921 8,798 13,804 8,032 5,552 58 162 774 1,662 321,960 3,671 3,685 227 329,543

 39,761 7,205 32,556 1,032 722 720 0 2 0 527 258 35,095 1,744 744 50 37,634

 36,953 5,899 31,054 1,026 2,158 2,155 0 3 0 608 251 35,098 1,024 1,013 28 37,163

 73,634 12,493 61,141 1,975 2,603 2,488 0 11 105 596 540 66,855 4,014 3,307 725 74,902

 88,085 24,036 64,049 1,990 1,964 1,961 0 3 0 814 428 69,246 1,068 892 222 71,428

 74,742 13,631 61,111 2,182 1,554 1,551 0 3 0 337 455 65,640 903 876 69 67,489

 27,601 4,025 23,577 755 522 521 0 0 1 149 179 25,183 155 144 39 25,520

 17,3 2,3 15,0 4 5 5    3 1 16,5 2 2  17,0

H.4.14. Statement of Condition of Each Federal Reserve Bank on June 7, 2006 (continued)Millions of dollars

Assets, liabilities, and capital

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 accountSpecial drawing rights certificate accountU.S. Treasury and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Jun 7, 2006

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury and agency securities held outright,

compensation to adjust for the effect of inflation on the original face value ofinflation-indexed securities, and cash value of repurchase agreements.