Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 847,621 - 4,677 + 22,663 850,765

Securities held outright 790,476 + 59 + 24,146 790,497

U.S. Treasury1 790,476 + 59 + 24,146 790,497

Bills2 277,019 0 + 1,649 277,019

Notes and bonds, nominal2 474,672 0 + 10,092 474,672

Notes and bonds, inflation-indexed2 34,459 0 + 11,813 34,459

Inflation compensation3 4,326 + 59 + 592 4,347

Federal agency2 0 0 0 0

Repurchase agreements4 17,786 - 4,893 - 643 20,000

Loans to depository institutions 179 - 104 - 114 187

Primary credit 5 - 127 - 11 5

Secondary credit 0 0 0 0

Seasonal credit 174 + 23 - 103 182

Float -825 - 267 - 198 -152

Other Federal Reserve assets 40,006 + 529 - 527 40,233

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,526 + 14 + 538 38,526

Total factors supplying reserve funds 899,388 - 4,663 + 23,201 902,532

Currency in circulation5 809,754 - 507 + 16,877 812,339

Reverse repurchase agreements6 30,828 - 893 + 3,786 30,134

Foreign official and international accounts 30,828 - 893 + 3,786 30,134

Dealers 0 0 0 0

Treasury cash holdings 294 - 7 + 101 306

Deposits with F.R. Banks, other than reserve balances 11,655 - 718 - 757 10,748

U.S. Treasury, general account 4,923 - 552 - 1 4,039

Foreign official 99 + 3 + 12 97

Service-related 6,394 - 189 - 772 6,394

Required clearing balances 6,394 - 189 - 772 6,394

Adjustments to compensate for float 0 0 0 0

Other 238 + 18 + 3 218

Other liabilities and capital 39,655 + 314 + 4,577 39,276

Total factors, other than reserve balances,

absorbing reserve funds 892,185 - 1,813 + 24,583 892,803

Reserve balances with Federal Reserve Banks 7,203 - 2,850 - 1,382 9,730

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,975,209 + 8,191 + 336,934 1,975,604

U.S. Treasury 1,231,611 + 661 + 111,025 1,234,509

Federal agency 743,597 + 7,528 + 225,908 741,095

Securities lent to dealers 3,329 - 1,389 + 989 2,566

FEDERAL RESERVE statistical release

 June 28, 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

 Jun 27, 2007 Week ended

 Jun 27, 2007 Jun 20, 2007 Jun 28, 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 938 + 6 + 218

Securities, repurchase agreements, and loans 810,684 - 1,688 + 21,535

Securities held outright 790,497 + 58 + 24,148

U.S. Treasury1 790,497 + 58 + 24,148

Bills2 277,019 0 + 1,649

Notes and bonds, nominal2 474,672 0 + 10,092

Notes and bonds, inflation-indexed2 34,459 0 + 11,813

Inflation compensation3 4,347 + 58 + 594

Federal agency2 0 0 0

Repurchase agreements4 20,000 - 1,000 - 2,500

Loans 187 - 746 - 113

Items in process of collection (843) 3,686 + 172 - 938

Bank premises 2,039 + 3 + 184

Other assets5 38,291 + 524 - 23

Total assets (843) 868,875 - 984 + 20,977

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 775,052 + 1,416 + 16,731

Reverse repurchase agreements6 30,134 - 309 - 266

Deposits (0) 20,574 - 1,904 + 1,135

Depository institutions 16,221 + 83 + 1,982

U.S. Treasury, general account 4,039 - 1,983 - 840

Foreign official 97 + 1 + 7

Other (0) 218 - 4 - 13

Deferred availability cash items (843) 3,838 - 312 - 1,259

Other liabilities and accrued dividends7 6,131 + 89 + 952

Total liabilities (843) 835,730 - 1,018 + 17,294

Capital accounts

Capital paid in 16,111 + 5 + 1,143

Surplus 15,398 + 11 + 2,497

Other capital accounts 1,636 + 19 + 43

Total capital 33,145 + 35 + 3,683

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jun 28, 2006

Eliminations from

consolidation Wednesday

 Jun 27, 2007

Wednesday

 Jun 20, 2007

3. Maturity Distribution of Loans and Securities, June 27, 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 185 64,425 - 1,719 0 0 20,000 30,134

16 days to 90 days 2 170,256 + 1,435 0 0 0 0

91 days to 1 year 0 165,576 + 288 0 0 . . . . . . 

Over 1 year to 5 years . . . 233,373 + 18 0 0 . . . . . . 

Over 5 years to 10 years . . . 74,556 + 15 0 0 . . . . . . 

Over 10 years . . . 82,312 + 23 0 0 . . . . . . 

All 187 790,497 + 58 0 0 20,000 30,134

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on June 27, 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 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 2,200 938 810,684 790,497 790,497 277,019 513,478 0 20,000 187 4,530 2,039 38,291 0 869,718

Assets, liabilities, and capital

 4,053 874 49 293,479 286,237 286,237 100,308 185,929 0 7,242 1 88 216 11,961 + 1,386 312,106

 449 115 26 37,356 36,431 36,431 12,767 23,664 0 922 3 156 118 1,291 - 3,232 36,279

 455 83 63 35,857 34,972 34,972 12,255 22,716 0 885 0 552 57 3,185 - 450 39,801

 428 104 95 33,168 32,350 32,350 11,336 21,013 0 818 0 720 156 2,189 - 3,600 33,261

 869 147 90 70,223 68,490 68,490 24,001 44,489 0 1,733 0 251 173 7,067 + 139 78,961

 1,117 166 122 75,176 73,317 73,317 25,693 47,624 0 1,855 4 540 231 3,271 + 6,271 86,893

 903 212 112 68,030 66,304 66,304 23,235 43,069 0 1,678 48 308 208 2,509 + 1,327 73,609

 326 71 45 25,946 25,265 25,265 8,854 16,411 0 639 42 190 94 770 + 156 27,597

 2   16,2 15,7 15,7 5,5 10,2  3  2 1 7 - 1,0 16,5
 978,521

 203,469 775,052 775,052 11,037 2,200 761,815 0 810,497 30,168 780,329

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.

 978,521 203,469 775,052 30,134 20,574 16,221 4,039 97 218 4,682 6,131 836,574 16,111 15,398 1,636 869,718

 37,685 4,986 32,699 1,389 784 776 0 1 6 301 264 35,436 404 396 43 36,279

 346,815 65,974 280,841 10,911 9,496 5,223 4,039 67 167 116 1,870 303,235 4,292 3,794 786 312,106

 40,270 7,168 33,102 1,333 717 711 0 5 1 682 306 36,141 1,809 1,811 40 39,801

 36,816 9,033 27,783 1,233 1,034 1,030 0 3 1 680 291 31,022 1,101 1,087 51 33,261

 80,016 14,598 65,418 2,611 1,640 1,590 0 11 39 320 850 70,838 3,959 4,096 69 78,961

 107,963 29,505 78,458 2,795 1,621 1,618 0 3 0 534 609 84,017 1,401 1,277 197 86,893

 80,671 13,980 66,691 2,528 1,750 1,747 0 2 0 310 490 71,768 890 859 92 73,609

 29,218 3,597 25,621 963 299 297 0 0 1 129 217 27,228 172 166 30 27,597

 17,2 2,6 14,5 6 2 2    3 1 15,8 3 2  16,5

H.4.14. Statement of Condition of Each Federal Reserve Bank on June 27, 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

 Jun 27, 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.