FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              June 15, 2006
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Jun 14, 2006  Jun 7, 2006 Jun 15, 2005 Jun 14, 2006
Federal Reserve Banks

Reserve Bank Credit                                         824,744    -   4,685    +  36,797      830,025
 Securities held outright                                   765,286    +   1,462    +  39,804      766,245       
    U.S. Treasury (1)                                       765,286    +   1,462    +  39,804      766,245
       Bills (2)                                            275,370            0    +  10,355      275,370
       Notes and bonds, nominal (2)                         463,640    +   1,410    +  24,962      464,580
       Notes and bonds, inflation-indexed (2)                22,646            0    +   3,538       22,646
       Inflation compensation (3)                             3,630    +      52    +     950        3,649
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    19,714    -   6,107    -   4,000       24,250
 Loans to depository institutions                               231    +       8    +      69          245
    Primary credit                                               14            0            0           12
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             217    +       8    +      69          233
 Float                                                         -210    -     197    +     524         -614
 Other Federal Reserve assets                                39,723    +     149    +     400       39,900
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,020    +      14    +   1,447       38,020
       
Total factors supplying reserve funds                       876,005    -   4,670    +  38,244      881,286
                                                                   
Currency in circulation(5)                                  794,515    -   2,297    +  34,957      795,200
Reverse repurchase agreements (6)                            24,310    +     243    +     619       26,002
   Foreign official and international accounts               24,310    +     243    +     619       26,002
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          205    +       8    -      75          205
Deposits with F.R.Banks, other than reserve balances         12,628    -     551    -   1,977       12,112       
  U.S. Treasury, general account                              4,970    -     263    -     564        4,468
  Foreign official                                               86    +       1    -       7           84
  Service-related                                             7,318    -     261    -   1,289        7,318
     Required clearing balances                               7,318    -     261    -   1,289        7,318
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         254    -      28    -     118          242
Other liabilities and capital                                34,815    -     228    +   5,416       34,546

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  866,472    -   2,826    +  38,939      868,066

Reserve balances with Federal Reserve Banks                   9,533    -   1,845    -     694       13,220
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,632,801    +   6,885    + 196,467    1,632,988
     U.S. Treasury                                        1,123,716    +   3,429    +  31,892    1,123,359
     Federal agency                                         509,085    +   3,456    + 164,575      509,630
  Securities lent to dealers                                  1,643    -     276    -   3,523        2,405   


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.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Jun 14, 2006      Jun 7, 2006     Jun 15, 2005

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               722        +      19        +      93
Securities, repurchase agreements, and loans                   790,739        -   1,107        +  36,094
   Securities held outright                                    766,245        +   1,368        +  40,750
      U.S. Treasury (1)                                        766,245        +   1,368        +  40,750       
         Bills (2)                                             275,370                0        +  10,355
         Notes and bonds, nominal (2)                          464,580        +   1,316        +  25,902
         Notes and bonds, inflation-indexed (2)                 22,646                0        +   3,538
         Inflation compensation (3)                              3,649        +      52        +     956
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    24,250        -   2,500        -   4,750    
   Loans                                                           245        +      26        +      94
Items in process of collection                    (1,152)        4,868        -   2,324        -     465
Bank premises                                                    1,852        +       5        +      29
Other assets (5)                                                37,883        +     225        +     391
      Total assets                                (1,152)      849,301        -   3,183        +  36,142
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  758,103        -   1,811        +  33,524
Reverse repurchase agreements (6)                               26,002        +   2,233        +   2,855
Deposits                                              (0)       25,172        -   2,887        -   4,993       
  Depository institutions                                       20,378        -   1,772        +     407
  U.S. Treasury, general account                                 4,468        -   1,084        -   5,381
  Foreign official                                                  84        -       3        -       7
  Other                                               (0)          242        -      28        -      13
Deferred availability cash items                  (1,152)        5,477        -     725        -     818
Other liabilities and accrued dividends (7)                      5,118        +      62        +   1,616
      Total liabilities                           (1,152)      819,873        -   3,126        +  32,184
                          
Capital Accounts
Capital paid in                                                 14,965                0        +   2,044
Surplus                                                         12,901                0        +   1,505
Other capital accounts                                           1,562        -      56        +     410
      Total capital                                             29,428        -      56        +   3,958


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 securites.
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.



3. Maturity Distribution of Loans and Securities,      June 14, 2006
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days              47       56,340   -   2,179            0           0       24,250       26,002
16 days to 90 days         198      176,968   +   3,567            0           0            0            0
91 days to 1 year            0      177,963   -   1,384            0           0     ------      ------
Over 1 to 5 years     ------        215,950   +   1,332            0           0     ------      ------
Over 5 to 10 years    ------         60,696   +       8            0           0     ------      ------
Over 10 years         ------         78,328   +      24            0           0     ------      ------
                   		 	
All                        245      766,245   +   1,368            0           0       24,250      26,002

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.



4. Statement of Condition of Each Federal Reserve Bank on      June 14, 2006
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             722         32         45         35         68         65         89         75         34         35         58         66        119
Securities, repurchase agreements,
      and loans                              790,739     36,571    307,858     33,267     33,086     63,652     64,161     70,441     24,376     15,642     22,464     34,390     84,832
   Securities held outright                  766,245     36,564    283,608     33,267     33,086     63,652     64,148     70,357     24,345     15,577     22,437     34,388     84,816
      U.S. Treasury (1)                      766,245     36,564    283,608     33,267     33,086     63,652     64,148     70,357     24,345     15,577     22,437     34,388     84,816
         Bills (2)                           275,370     13,140    101,922     11,955     11,890     22,875     23,053     25,284      8,749      5,598      8,063     12,358     30,481
         Notes and bonds(3)                  490,875     23,424    181,686     21,312     21,196     40,777     41,094     45,072     15,596      9,979     14,374     22,030     54,335
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                24,250          0     24,250          0          0          0          0          0          0          0          0          0          0
      Loans                                      245          7          0          0          0          0         13         84         32         64         27          1         16
Items in process of collection                 6,020        338        433        338        539        408        891        206        166        263        567        392      1,478
Bank premises                                  1,852        113        205         57        156        154        231        209         70        118        110        260        169
Other assets(5)                               37,883      1,190     13,645      1,885      2,229      6,864      2,696      2,673        728        687        701        922      3,663
Interdistrict settlement account                   0    - 1,158    + 1,428    + 1,703    -   884    + 2,093    + 2,582    - 6,376    -   290    -    43    + 1,787    - 2,581    + 1,739
          Total Assets                       850,453     37,687    328,626     37,831     35,745     74,236     71,838     68,387     25,483     16,944     26,078     34,122     93,476

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 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.




4. Statement of Condition of Each Federal Reserve Bank on      June 14, 2006
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding             925,922     38,280    345,036     39,746     36,909     73,593     89,241     74,641     27,553     17,385     27,303     49,012    107,223
  Less: notes held by F.R. Banks              167,819      3,977     48,550      7,246      6,170     12,700     24,698     13,772      4,030      2,316      3,667     18,038     22,655
    Federal Reserve notes, net                758,103     34,304    296,486     32,500     30,739     60,893     64,543     60,869     23,523     15,069     23,636     30,974     84,568
Reverse repurchase agreements (1)              26,002      1,241      9,624      1,129      1,123      2,160      2,177      2,388        826        529        761      1,167      2,878
Deposits                                       25,172        673     12,639        792        885      2,121      1,760      2,493        497        373        587        720      1,631
  Depository institutions                      20,378        672      7,942        790        881      2,051      1,757      2,490        491        373        585        719      1,626
  U.S. Treasury, general account                4,468          0      4,468          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 84          1         55          2          3         11          3          3          0          1          1          0          4
  Other                                           242          0        174          0          1         59          0          0          6          0          1          0          0
Deferred availability cash items                6,630        430        641        594        670        507        751        328        137        343        560        583      1,086
Other liabilities and accrued                 
  dividends (2)                                 5,118        247      1,682        263        264        546        433        464        172        134        169        232        512
   
    Total liabilities                         821,026     36,895    321,072     35,278     33,682     66,227     69,663     66,541     25,156     16,449     25,713     33,676     90,675
                              
Capital                    
Capital paid in                                14,965        382      3,672      1,744      1,024      4,015      1,069        903        155        243        174        207      1,378
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   1,562         94        198         64         26        687        214         67         28          7         16         87         74
     Total liabilities and capital            850,453     37,687    328,626     37,831     35,745     74,236     71,838     68,387     25,483     16,944     26,078     34,122     93,476
                              

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.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Jun 14, 2006
              
Federal Reserve notes outstanding             925,922
   Less: Notes held by F.R. Banks
         not subject to collateralization     167,819
      Federal Reserve Notes to be
         collateralized                       758,103 
Collateral held against Federal Reserve            
   notes                                      758,103
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              744,866
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         790,495
   Less:face value of securities under
         reverse repurchase agreements         26,035
      U.S. Treasury and agency securities
             eligible to be pledged           764,460
   

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 of inflation-indexed securities, and cash value of repurchase agreements.