FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             April 12, 2007
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           Apr 11, 2007  Apr 4, 2007 Apr 12, 2006 Apr 11, 2007
Federal Reserve Banks

Reserve Bank Credit                                         849,422    -   2,823    +  31,563      851,159
 Securities held outright                                   781,362    +     454    +  22,803      782,816       
    U.S. Treasury (1)                                       781,362    +     454    +  22,803      782,816
       Bills (2)                                            277,019            0    +   1,649      277,019
       Notes and bonds, nominal (2)                         468,962    +     409    +  11,785      470,399
       Notes and bonds, inflation-indexed (2)                31,776            0    +   9,130       31,776
       Inflation compensation (3)                             3,606    +      46    +     241        3,622
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    28,607    -   3,607    +   9,143       28,750
 Loans to depository institutions                                44    -      71    -     556           49
    Primary credit                                                1    -      86    -     525            1
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              43    +      15    -      31           48
 Float                                                         -471    +     296    -      61         -781
 Other Federal Reserve assets                                39,879    +     104    +     232       40,324
Gold stock                                                   11,041            0    -       2       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,389    +      14    +     496       38,389
       
Total factors supplying reserve funds                       901,052    -   2,809    +  32,057      902,789
                                                                   
Currency in circulation(5)                                  808,223    +   1,554    +  17,505      810,129
Reverse repurchase agreements (6)                            35,442    -   1,191    +  11,796       34,134
   Foreign official and international accounts               35,442    -   1,191    +  11,796       34,134
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          341    +      34    +     141          318
Deposits with F.R.Banks, other than reserve balances         12,033    -      85    -   1,200       12,113       
  U.S. Treasury, general account                              4,672    -      97    -     454        4,758
  Foreign official                                               92    -       6    +       6           93
  Service-related                                             6,989    +       1    -     742        6,989
     Required clearing balances                               6,989    +       1    -     742        6,989
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         280    +      18    -      10          274
Other liabilities and capital                                38,758    -      70    +   5,757       38,468

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  894,796    +     241    +  33,999      895,163

Reserve balances with Federal Reserve Banks                   6,256    -   3,051    -   1,942        7,626
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,911,417    +  18,671    + 319,041    1,914,419
     U.S. Treasury                                        1,236,121    +  15,762    + 111,459    1,239,174
     Federal agency                                         675,297    +   2,910    + 207,584      675,246
  Securities lent to dealers                                  1,026    -     891    -      66          816   


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 Apr 11, 2007      Apr 4, 2007     Apr 12, 2006

Assets
Gold certificate account                                        11,037                0        -       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               963        +      24        +     165
Securities, repurchase agreements, and loans                   811,616        +   2,658        +  30,548
   Securities held outright                                    782,816        +   1,890        +  24,253
      U.S. Treasury (1)                                        782,816        +   1,890        +  24,253       
         Bills (2)                                             277,019                0        +   1,649
         Notes and bonds, nominal (2)                          470,399        +   1,846        +  13,222
         Notes and bonds, inflation-indexed (2)                 31,776                0        +   9,130
         Inflation compensation (3)                              3,622        +      44        +     252
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    28,750        +     750        +  10,000    
   Loans                                                            49        +      17        -   3,706
Items in process of collection                    (1,083)        3,122        -     388        -   1,981
Bank premises                                                    1,988        +       2        +     155
Other assets (5)                                                38,350        +     795        +     380
      Total assets                                (1,083)      869,275        +   3,090        +  29,264
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  773,017        +   1,237        +  17,383
Reverse repurchase agreements (6)                               34,134        -   1,341        +  10,118
Deposits                                              (0)       19,753        +   3,596        -   1,602       
  Depository institutions                                       14,628        +   3,895        -   2,018
  U.S. Treasury, general account                                 4,758        -     215        +     424
  Foreign official                                                  93        -      38        +       3
  Other                                               (0)          274        -      45        -      11
Deferred availability cash items                  (1,083)        3,903        -     599        -   2,552
Other liabilities and accrued dividends (7)                      5,859        -      24        +   1,221
      Total liabilities                           (1,083)      836,666        +   2,869        +  24,568
                          
Capital Accounts
Capital paid in                                                 15,854        +       7        +   2,083
Surplus                                                         15,362        +       1        +   2,461
Other capital accounts                                           1,393        +     213        +     152
      Total capital                                             32,609        +     221        +   4,696


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,     April 11, 2007
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               5       49,653   +     130            0           0       28,750       34,134
16 days to 90 days          44      181,952   -      90            0           0            0            0
91 days to 1 year            0      174,180   -      37            0           0     ------      ------
Over 1 to 5 years     ------        226,985   +     952            0           0     ------      ------
Over 5 to 10 years    ------         66,839   +     277            0           0     ------      ------
Over 10 years         ------         83,207   +     658            0           0     ------      ------
                   		 	
All                         49      782,816   +   1,890            0           0       28,750      34,134

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     April 11, 2007
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                                             963         40         63         64         88         89        106        112         37         42         73         90        157
Securities, repurchase agreements,
      and loans                              811,616     38,731    300,383     35,235     35,043     67,417     67,942     74,546     25,788     16,506     23,770     36,422     89,834
   Securities held outright                  782,816     37,355    289,742     33,987     33,802     65,029     65,535     71,878     24,871     15,914     22,923     35,132     86,650
      U.S. Treasury (1)                      782,816     37,355    289,742     33,987     33,802     65,029     65,535     71,878     24,871     15,914     22,923     35,132     86,650
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  505,797     24,136    187,209     21,960     21,840     42,017     42,344     46,442     16,070     10,283     14,811     22,700     55,987
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                28,750      1,372     10,641      1,248      1,241      2,388      2,407      2,640        913        584        842      1,290      3,182
      Loans                                       49          4          0          0          0          0          0         29          3          7          6          0          1
Items in process of collection                 4,205        152        -10        386        467        217        463        284        354        264        327        203      1,099
Bank premises                                  1,988        117        211         57        156        171        231        208         84        115        189        260        188
Other assets(5)                               38,350      1,314     12,064      3,185      2,225      7,047      3,172      2,631        773        724        719      1,031      3,464
Interdistrict settlement account                   0    - 2,974    -10,300    - 1,284    - 4,881    + 2,827    +13,879    - 4,211    +   434    - 1,054    + 3,877    + 1,177    + 2,511
          Total Assets                       870,358     37,982    307,424     38,189     33,647     78,769     86,981     74,728     27,870     16,838     29,346     39,856     98,729

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     April 11, 2007
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             965,144     38,568    339,889     38,163     35,897     76,276    107,341     81,465     29,305     17,321     30,691     57,259    112,969
  Less: notes held by F.R. Banks              192,127      4,401     63,686      6,662      7,860     12,796     28,184     14,018      3,554      2,486      3,866     20,879     23,734
    Federal Reserve notes, net                773,017     34,167    276,203     31,501     28,036     63,480     79,157     67,447     25,751     14,835     26,825     36,380     89,235
Reverse repurchase agreements (1)              34,134      1,629     12,634      1,482      1,474      2,836      2,858      3,134      1,085        694      1,000      1,532      3,778
Deposits                                       19,753        818      7,873        636      1,201      3,172      1,267      1,515        343        250        503        794      1,379
  Depository institutions                      14,628        816      2,899        631      1,197      3,057      1,263      1,513        331        250        502        793      1,376
  U.S. Treasury, general account                4,758          0      4,758          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 93          1         63          5          3         11          3          2          0          1          0          1          3
  Other                                           274          1        153          1          1        105          0          0         11          0          1          0          0
Deferred availability cash items                4,986        271        122        631        464        442        488        321        113        254        450        284      1,148
Other liabilities and accrued                 
  dividends (2)                                 5,859        266      1,871        283        287        713        517        517        217        158        188        280        564
   
    Total liabilities                         837,749     37,151    298,703     34,533     31,462     70,642     84,286     72,934     27,508     16,191     28,966     39,269     96,105
                              
Capital                    
Capital paid in                                15,854        397      4,220      1,810      1,064      3,972      1,316        863        169        316        179        276      1,271
Surplus                                        15,362        396      3,760      1,810      1,087      4,095      1,276        859        166        276        176        213      1,247
Other capital                                   1,393         38        741         36         34         60        103         72         26         55         24         98        106
     Total liabilities and capital            870,358     37,982    307,424     38,189     33,647     78,769     86,981     74,728     27,870     16,838     29,346     39,856     98,729
                              

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
                                          Apr 11, 2007
              
Federal Reserve notes outstanding             965,144
   Less: Notes held by F.R. Banks
         not subject to collateralization     192,127
      Federal Reserve Notes to be
         collateralized                       773,017 
Collateral held against Federal Reserve            
   notes                                      773,017
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              759,780
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         811,566
   Less:face value of securities under
         reverse repurchase agreements         34,192
      U.S. Treasury and agency securities
             eligible to be pledged           777,374
   

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.