Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 825,872 + 1,128 + 38,018 828,983

Securities held outright 766,278 + 992 + 40,369 766,297

U.S. Treasury1 766,278 + 992 + 40,369 766,297

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

Notes and bonds, nominal2 464,580 + 940 + 25,902 464,580

Notes and bonds, inflation-indexed2 22,646 0 + 3,173 22,646

Inflation compensation3 3,682 + 52 + 939 3,701

Federal agency2 0 0 0 0

Repurchase agreements4 18,571 - 1,143 - 3,715 22,250

Loans to depository institutions 268 + 37 + 88 271

Primary credit 16 + 2 - 6 11

Secondary credit 0 0 0 0

Seasonal credit 252 + 35 + 94 260

Float 818 + 1,028 + 1,048 -3

Other Federal Reserve assets 39,936 + 213 + 226 40,168

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,034 + 14 + 1,447 38,034

Total factors supplying reserve funds 877,147 + 1,142 + 39,465 880,258

Currency in circulation5 793,093 - 1,422 + 34,109 794,048

Reverse repurchase agreements6 26,519 + 2,209 + 3,102 25,677

Foreign official and international accounts 26,519 + 2,209 + 3,102 25,677

Dealers 0 0 0 0

Treasury cash holdings 204 - 1 - 64 196

Deposits with F.R. Banks, other than reserve balances 12,659 + 31 - 1,282 13,027

U.S. Treasury, general account 5,007 + 37 + 25 5,385

Foreign official 93 + 7 - 3 87

Service-related 7,317 - 1 - 1,288 7,317

Required clearing balances 7,317 - 1 - 1,288 7,317

Adjustments to compensate for float 0 0 0 0

Other 242 - 12 - 16 238

Other liabilities and capital 34,941 + 126 + 5,437 34,812

Total factors, other than reserve balances,

absorbing reserve funds 867,415 + 943 + 41,301 867,760

Reserve balances with Federal Reserve Banks 9,731 + 198 - 1,837 12,497

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,637,445 + 4,644 + 200,898 1,640,513

U.S. Treasury 1,125,504 + 1,788 + 33,906 1,126,316

Federal agency 511,941 + 2,856 + 166,993 514,197

Securities lent to dealers 1,873 + 230 - 2,220 1,901

FEDERAL RESERVE statistical release

 June 22, 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 21, 2006 Week ended

 Jun 21, 2006 Jun 14, 2006 Jun 22, 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 729 + 7 + 87

Securities, repurchase agreements, and loans 788,818 - 1,921 + 36,384

Securities held outright 766,297 + 52 + 40,310

U.S. Treasury1 766,297 + 52 + 40,310

Bills2 275,370 0 + 10,355

Notes and bonds, nominal2 464,580 0 + 25,902

Notes and bonds, inflation-indexed2 22,646 0 + 3,113

Inflation compensation3 3,701 + 52 + 941

Federal agency2 0 0 0

Repurchase agreements4 22,250 - 2,000 - 4,000

Loans 271 + 26 + 74

Items in process of collection (1,167) 5,430 + 562 - 389

Bank premises 1,854 + 2 + 25

Other assets5 38,150 + 267 - 293

Total assets (1,167) 848,217 - 1,084 + 35,815

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 756,935 - 1,168 + 32,607

Reverse repurchase agreements6 25,677 - 325 + 2,315

Deposits (0) 25,360 + 188 - 3,752

Depository institutions 19,651 - 727 - 4,011

U.S. Treasury, general account 5,385 + 917 + 286

Foreign official 87 + 3 + 3

Other (0) 238 - 4 - 29

Deferred availability cash items (1,167) 5,432 - 45 - 742

Other liabilities and accrued dividends7 5,102 - 16 + 1,549

Total liabilities (1,167) 818,508 - 1,365 + 31,980

Capital accounts

Capital paid in 14,966 + 1 + 2,031

Surplus 12,901 0 + 1,450

Other capital accounts 1,843 + 281 + 355

Total capital 29,710 + 282 + 3,836

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jun 22, 2005

Eliminations from

consolidation Wednesday

 Jun 21, 2006

Wednesday

 Jun 14, 2006

3. Maturity Distribution of Loans and Securities, June 21, 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 255 63,220 + 6,880 0 0 22,250 25,677

16 days to 90 days 15 171,044 - 5,924 0 0 0 0

91 days to 1 year 0 177,012 - 951 0 0 . . . . . . 

Over 1 year to 5 years . . . 215,966 + 16 0 0 . . . . . . 

Over 5 years to 10 years . . . 60,704 + 8 0 0 . . . . . . 

Over 10 years . . . 78,352 + 24 0 0 . . . . . . 

All 271 766,297 + 52 0 0 22,250 25,677

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on June 21, 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 2,200 729 788,818 766,297 766,297 275,370 490,927 0 22,250 271 6,596 1,854 38,150 0 849,384

Assets, liabilities, and capital

 4,139 874 44 305,877 283,627 283,627 101,922 181,705 0 22,250 0 549 205 13,787 + 2,191 327,666

 486 115 32 36,574 36,566 36,566 13,140 23,426 0 0 7 350 113 1,213 - 1,357 37,525

 463 83 32 33,269 33,269 33,269 11,955 21,314 0 0 0 390 57 1,834 + 1,432 37,561

 446 104 69 33,088 33,088 33,088 11,890 21,198 0 0 0 697 157 2,250 - 818 35,994

 853 147 66 63,656 63,656 63,656 22,875 40,781 0 0 0 686 154 6,888 + 3,171 75,621

 1,023 166 91 64,163 64,152 64,152 23,053 41,099 0 0 11 794 231 2,677 + 2,870 72,015

 947 212 78 70,450 70,361 70,361 25,284 45,077 0 0 88 398 209 2,705 - 7,757 67,241

 328 71 32 24,378 24,347 24,347 8,749 15,598 0 0 31 198 71 740 - 489 25,328

 2   15,6 15,5 15,5 5,5 9,9    3 1 6 - 2 16,8
 927,275

 170,340 756,935 756,935 11,037 2,200 743,699 0 788,547 25,711 762,836

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.

 927,275 170,340 756,935 25,677 25,360 19,651 5,385 87 238 6,599 5,102 819,674 14,966 12,901 1,843 849,384

 38,162 3,970 34,192 1,225 600 598 0 1 1 465 249 36,731 382 317 96 37,525

 345,902 49,343 296,559 9,504 11,513 5,901 5,385 58 169 775 1,679 320,031 3,672 3,685 279 327,666

 39,702 7,410 32,292 1,115 761 759 0 2 0 547 263 34,979 1,744 744 93 37,561

 37,031 6,356 30,675 1,109 1,398 1,394 0 3 1 480 252 33,915 1,024 1,013 42 35,994

 73,583 12,996 60,587 2,133 3,747 3,661 0 11 75 542 539 67,549 4,015 3,307 750 75,621

 90,156 25,658 64,498 2,150 1,831 1,847 0 3 -19 904 432 69,815 1,069 892 239 72,015

 74,283 13,701 60,581 2,358 1,672 1,669 0 3 0 297 462 65,371 904 876 91 67,241

 27,465 4,119 23,346 816 485 478 0 0 7 169 182 24,999 155 144 30 25,328

 17,3 2,2 15,0 5 3 3    3 1 16,3 2 2  16,8

H.4.14. Statement of Condition of Each Federal Reserve Bank on June 21, 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 21, 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.