Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 866,962 - 2,658 + 24,652 868,380

Securities held outright 779,705 + 22 + 6,337 779,715

U.S. Treasury1 779,705 + 22 + 6,337 779,715

Bills2 267,019 0 - 10,000 267,019

Notes and bonds, nominal2 470,984 0 + 8,831 470,984

Notes and bonds, inflation-indexed2 36,911 0 + 6,806 36,911

Inflation compensation3 4,791 + 21 + 699 4,801

Federal agency2 0 0 0 0

Repurchase agreements4 46,857 - 2,393 + 17,178 46,500

Loans to depository institutions 342 + 287 + 159 2,146

Primary credit 309 + 302 + 208 2,108

Secondary credit 0 0 0 0

Seasonal credit 33 - 15 - 49 38

Float -759 - 191 - 1,937 -915

Other Federal Reserve assets 40,817 - 383 + 2,914 40,934

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,765 + 14 + 588 38,765

Total factors supplying reserve funds 918,968 - 2,644 + 25,240 920,386

Currency in circulation5 818,102 - 3,890 + 12,499 819,261

Reverse repurchase agreements6 36,036 + 890 + 6,835 36,650

Foreign official and international accounts 36,036 + 890 + 6,835 36,650

Dealers 0 0 0 0

Treasury cash holdings 265 - 2 + 99 257

Deposits with F.R. Banks, other than reserve balances 11,794 - 277 - 507 12,011

U.S. Treasury, general account 4,905 - 271 - 155 5,079

Foreign official 97 0 + 6 96

Service-related 6,486 - 1 - 346 6,486

Required clearing balances 6,486 - 1 - 346 6,486

Adjustments to compensate for float 0 0 0 0

Other 306 - 5 - 13 350

Other liabilities and capital 42,697 - 551 + 6,359 42,710

Total factors, other than reserve balances,

absorbing reserve funds 908,894 - 3,830 + 25,285 910,890

Reserve balances with Federal Reserve Banks 10,074 + 1,187 - 45 9,497

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 2,036,737 + 5,262 + 324,168 2,033,518

U.S. Treasury 1,225,718 + 425 + 77,192 1,225,176

Federal agency 811,019 + 4,838 + 246,976 808,342

Securities lent to dealers 5,747 - 2,259 + 3,715 4,486

FEDERAL RESERVE statistical release

 December 6, 2007

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

 Dec 5, 2007 Week ended

 Dec 5, 2007 Nov 28, 2007 Dec 6, 2006
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 1,190 + 25 + 376

Securities, repurchase agreements, and loans 828,361 + 2,614 + 21,880

Securities held outright 779,715 + 22 + 5,500

U.S. Treasury1 779,715 + 22 + 5,500

Bills2 267,019 0 - 10,000

Notes and bonds, nominal2 470,984 0 + 7,969

Notes and bonds, inflation-indexed2 36,911 0 + 6,806

Inflation compensation3 4,801 + 22 + 724

Federal agency2 0 0 0

Repurchase agreements4 46,500 + 500 + 14,500

Loans 2,146 + 2,092 + 1,880

Items in process of collection (700) 2,445 + 882 - 4,982

Bank premises 2,118 + 4 + 195

Other assets5 38,814 - 210 + 2,556

Total assets (700) 886,165 + 3,317 + 20,025

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 781,939 - 1,736 + 12,282

Reverse repurchase agreements6 36,650 + 2,378 + 7,611

Deposits (0) 21,506 + 1,930 - 4,953

Depository institutions 15,981 + 1,504 - 5,594

U.S. Treasury, general account 5,079 + 368 + 556

Foreign official 96 - 1 + 2

Other (0) 350 + 59 + 83

Deferred availability cash items (700) 3,360 + 482 - 1,472

Other liabilities and accrued dividends7 5,996 + 92 + 28

Total liabilities (700) 849,451 + 3,146 + 13,497

Capital accounts

Capital paid in 18,187 - 91 + 2,879

Surplus 15,461 + 4 + 4,907

Other capital accounts 3,066 + 257 - 1,257

Total capital 36,714 + 171 + 6,529

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Dec 6, 2006

Eliminations from

consolidation Wednesday

 Dec 5, 2007

Wednesday

 Nov 28, 2007

3. Maturity Distribution of Loans and Securities, December 5, 2007

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 113 49,744 - 8,456 0 0 38,500 36,650

16 days to 90 days 2,033 164,739 + 5,933 0 0 8,000 0

91 days to 1 year 0 159,811 - 635 0 0 . . . . . . 

Over 1 year to 5 years . . . 234,701 + 3,167 0 0 . . . . . . 

Over 5 years to 10 years . . . 81,935 + 4 0 0 . . . . . . 

Over 10 years . . . 88,785 + 9 0 0 . . . . . . 

All 2,146 779,715 + 22 0 0 46,500 36,650

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on December 5, 2007Millions 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 agreements4Loans

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 1,190 828,361 779,715 779,715 267,019 512,696 0 46,500 2,146 3,145 2,118 38,814 0 886,865

Assets, liabilities, and capital

 4,053 874 59 301,270 282,333 282,333 96,687 185,646 0 16,838 2,100 64 215 11,852 + 3,196 321,583

 449 115 40 38,080 35,934 35,934 12,306 23,628 0 2,143 3 136 119 1,261 - 2,715 37,485

 455 83 88 36,559 34,495 34,495 11,813 22,682 0 2,057 7 152 63 3,483 - 757 40,125

 428 104 115 33,811 31,908 31,908 10,927 20,981 0 1,903 0 263 153 2,262 - 367 36,769

 869 147 131 71,585 67,556 67,556 23,135 44,421 0 4,029 0 119 181 7,517 + 4,672 85,221

 1,117 166 155 76,630 72,317 72,317 24,765 47,551 0 4,313 0 629 230 3,292 - 3,910 78,309

 903 212 139 69,307 65,400 65,400 22,397 43,003 0 3,900 7 128 204 2,479 + 1,074 74,445

 326 71 52 26,407 24,920 24,920 8,534 16,386 0 1,486 0 69 108 734 + 3,387 31,154

 2   16,4 15,5 15,5 5,3 10,2  9  2 1 7 -  17,7
 1,005,311

 223,372 781,939 781,939 11,037 2,200 768,702 0 826,215 36,701 789,514

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.

 1,005,311 223,372 781,939 36,650 21,506 15,981 5,079 96 350 4,060 5,996 850,151 18,187 15,461 3,066 886,865

 39,212 6,228 32,983 1,689 510 482 0 1 27 217 265 35,665 985 396 440 37,485

 358,532 71,374 287,158 13,271 10,034 4,658 5,079 66 232 108 1,732 312,304 4,538 3,845 897 321,583

 41,434 7,974 33,460 1,621 559 554 0 5 0 564 284 36,488 1,813 1,811 12 40,125

 38,890 7,685 31,205 1,500 938 934 0 3 0 528 275 34,446 1,154 1,088 81 36,769

 81,529 14,076 67,453 3,175 3,221 3,135 0 11 76 304 985 75,138 4,995 4,099 989 85,221

 107,259 37,644 69,615 3,399 1,454 1,442 0 3 8 437 593 75,498 1,411 1,279 121 78,309

 82,373 14,808 67,566 3,074 1,204 1,202 0 2 0 326 465 72,635 880 861 69 74,445

 32,970 3,982 28,989 1,171 309 296 0 0 12 90 215 30,775 180 167 32 31,154

 18,6 2,9 15,6 7 2 2    2 1 17,0 3 2  17,7

                

H.4.14. Statement of Condition of Each Federal Reserve Bank on December 5, 2007 (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

 Dec 5, 2007

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.