Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 797,815 + 6,375 + 33,773 805,158

Securities held outright 730,700 + 2,147 + 35,849 730,380

U.S. Treasury1 730,700 + 2,147 + 35,849 730,380

Bills2 267,623 + 294 + 12,297 267,766

Notes and bonds, nominal2 440,756 + 1,851 + 18,215 440,292

Notes and bonds, inflation-indexed2 19,533 0 + 4,671 19,533

Inflation compensation3 2,788 + 3 + 667 2,789

Federal agency2 0 0 0 0

Repurchase agreements4 28,714 + 3,607 - 2,286 35,500

Loans to depository institutions 332 - 1 + 59 336

Primary credit 6 - 10 - 25 22

Secondary credit 0 0 0 0

Seasonal credit 326 + 9 + 84 314

Float -351 + 171 - 299 741

Other Federal Reserve assets 38,420 + 450 + 450 38,201

Gold stock 11,041 0 - 2 11,041

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

Treasury currency outstanding5 36,727 + 14 + 516 36,727

Total factors supplying reserve funds 847,783 + 6,389 + 34,286 855,126

Currency in circulation5 763,154 + 114 + 28,164 766,016

Reverse repurchase agreements6 24,971 + 934 + 2,529 26,487

Foreign official and international accounts 24,971 + 934 + 2,529 26,487

Dealers 0 0 0 0

Treasury cash holdings 267 + 14 - 61 267

Deposits with F.R. Banks, other than reserve balances 13,975 - 330 - 1,906 14,714

U.S. Treasury, general account 4,909 - 272 - 388 5,650

Foreign official 87 0 - 4 81

Service-related 8,718 - 3 - 1,488 8,718

Required clearing balances 8,718 - 3 - 1,488 8,718

Adjustments to compensate for float 0 0 0 0

Other 261 - 55 - 26 265

Other liabilities and capital 30,988 + 201 + 8,113 30,748

Total factors, other than reserve balances,

absorbing reserve funds 833,356 + 934 + 36,839 838,232

Reserve balances with Federal Reserve Banks 14,428 + 5,455 - 2,552 16,893

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,468,176 + 2,374 + 185,560 1,469,799

U.S. Treasury 1,098,939 + 2,762 + 59,452 1,100,713

Federal agency 369,237 - 388 + 126,107 369,086

Securities lent to dealers 3,305 + 1,488 + 2,766 4,655

FEDERAL RESERVE statistical release

 September 1, 2005

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

 Aug 31, 2005 Week ended

 Aug 31, 2005 Aug 24, 2005 Sep 1, 2004
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 - 2

Special drawing rights certificate account 2,200 0 0

Coin 659 + 9 - 118

Securities, repurchase agreements, and loans 766,216 + 10,291 + 38,619

Securities held outright 730,380 + 801 + 35,522

U.S. Treasury1 730,380 + 801 + 35,522

Bills2 267,766 + 258 + 12,436

Notes and bonds, nominal2 440,292 + 540 + 17,751

Notes and bonds, inflation-indexed2 19,533 0 + 4,671

Inflation compensation3 2,789 + 3 + 665

Federal agency2 0 0 0

Repurchase agreements4 35,500 + 9,500 + 3,000

Loans 336 - 10 + 97

Items in process of collection (1,337) 7,080 + 1,592 + 238

Bank premises 1,834 + 2 + 116

Other assets5 36,458 + 63 + 128

Total assets (1,337) 825,483 + 11,956 + 38,980

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 730,211 + 2,281 + 27,134

Reverse repurchase agreements6 26,487 + 2,373 + 3,284

Deposits (0) 31,698 + 6,650 + 1,008

Depository institutions 25,702 + 5,633 + 1,784

U.S. Treasury, general account 5,650 + 1,047 - 724

Foreign official 81 + 1 0

Other (0) 265 - 31 - 52

Deferred availability cash items (1,337) 6,339 + 513 - 302

Other liabilities and accrued dividends7 3,561 - 7 + 961

Total liabilities (1,337) 798,297 + 11,810 + 32,087

Capital accounts

Capital paid in 13,402 - 39 + 2,949

Surplus 11,630 0 + 2,783

Other capital accounts 2,155 + 186 + 1,162

Total capital 27,186 + 146 + 6,893

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Sep 1, 2004

Eliminations from

consolidation Wednesday

 Aug 31, 2005

Wednesday

 Aug 24, 2005

3. Maturity Distribution of Loans and Securities, August 31, 2005

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 278 52,781 - 6,457 0 0 35,500 26,487

16 days to 90 days 58 155,418 - 1,306 0 0 0 0

91 days to 1 year 0 180,980 + 9,899 0 0 . . . . . . 

Over 1 year to 5 years . . . 211,783 - 1,336 0 0 . . . . . . 

Over 5 years to 10 years . . . 52,433 0 0 0 . . . . . . 

Over 10 years . . . 76,985 + 1 0 0 . . . . . . 

All 336 730,380 + 801 0 0 35,500 26,487

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on August 31, 2005Millions 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 2,200 659 766,216 730,380 730,380 267,766 462,614 0 35,500 336 8,417 1,834 36,458 0 826,820

Assets, liabilities, and capital

 4,355 874 37 325,133 289,621 289,621 106,178 183,443 0 35,500 12 473 205 13,741 -17,926 326,891

 510 115 14 37,368 37,368 37,368 13,700 23,669 0 0 0 362 108 3,210 - 2,348 39,339

 432 83 29 25,914 25,910 25,910 9,499 16,411 0 0 4 490 54 1,059 + 6,617 34,678

 453 104 49 30,855 30,855 30,855 11,312 19,543 0 0 0 776 156 2,435 + 1,484 36,312

 836 147 57 55,740 55,740 55,740 20,435 35,305 0 0 0 320 143 4,792 + 4,969 67,005

 945 166 104 56,516 56,506 56,506 20,716 35,790 0 0 9 1,612 272 2,007 + 3,713 65,335

 928 212 89 65,878 65,774 65,774 24,114 41,661 0 0 104 607 203 2,496 + 3,760 74,173

 327 71 37 22,728 22,664 22,664 8,309 14,355 0 0 64 434 68 870 + 622 25,158

 2   15,3 15,2 15,2 5,5 9,6    2 1 7 - 5 16,1
 885,896

 155,686 730,211 730,211 11,037 2,200 716,974 0 765,880 26,513 739,367

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.

 885,896 155,686 730,211 26,487 31,698 25,702 5,650 81 265 7,676 3,561 799,634 13,402 11,630 2,155 826,820

 39,733 4,901 34,832 1,355 899 882 0 5 12 505 190 37,781 173 1,353 31 39,339

 332,546 42,036 290,510 10,503 16,342 10,476 5,650 53 162 799 1,217 319,371 3,655 3,430 437 326,891

 37,569 6,403 31,166 940 591 590 0 1 0 659 142 33,498 742 294 144 34,678

 36,001 5,514 30,488 1,119 1,590 1,586 0 4 0 654 183 34,034 1,130 1,065 83 36,312

 68,018 13,397 54,621 2,021 2,715 2,625 0 7 83 526 345 60,230 3,920 2,148 707 67,005

 81,437 23,651 57,786 2,049 2,551 2,547 0 2 2 871 289 63,547 869 516 404 65,335

 78,428 10,925 67,504 2,385 1,769 1,766 0 3 0 414 331 72,403 861 763 146 74,173

 26,393 3,413 22,980 822 607 603 0 1 3 223 139 24,771 140 236 12 25,158

 16,8 2,6 14,1 5 3 3    4 1 15,6 2 2  16,1

H.4.14. Statement of Condition of Each Federal Reserve Bank on August 31, 2005 (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

 Aug 31, 2005

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.