FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             April 19, 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 18, 2007 Apr 11, 2007 Apr 19, 2006 Apr 18, 2007
Federal Reserve Banks

Reserve Bank Credit                                         851,199    +   1,778    +  27,579      846,464
 Securities held outright                                   782,844    +   1,482    +  24,273      782,860       
    U.S. Treasury (1)                                       782,844    +   1,482    +  24,273      782,860
       Bills (2)                                            277,019            0    +   1,649      277,019
       Notes and bonds, nominal (2)                         470,399    +   1,437    +  13,222      470,399
       Notes and bonds, inflation-indexed (2)                31,776            0    +   9,130       31,776
       Inflation compensation (3)                             3,650    +      44    +     272        3,666
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    28,571    -      36    +   2,250       24,000
 Loans to depository institutions                                50    +       6    -      37           52
    Primary credit                                                2    +       1    -       1            1
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              48    +       5    -      36           51
 Float                                                         -896    -     424    +     463       -1,190
 Other Federal Reserve assets                                40,629    +     750    +     629       40,742
Gold stock                                                   11,041            0    -       2       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,403    +      14    +     496       38,403
       
Total factors supplying reserve funds                       902,843    +   1,793    +  28,073      898,108
                                                                   
Currency in circulation(5)                                  808,154    -      69    +  17,004      809,020
Reverse repurchase agreements (6)                            33,163    -   2,279    +   7,753       33,971
   Foreign official and international accounts               33,163    -   2,279    +   7,753       33,971
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          316    -      25    +     108          305
Deposits with F.R.Banks, other than reserve balances         12,395    +     362    -     603       12,154       
  U.S. Treasury, general account                              5,454    +     782    +     455        5,235
  Foreign official                                               93    +       1    +      10           95
  Service-related                                             6,553    -     436    -   1,055        6,553
     Required clearing balances                               6,553    -     436    -   1,055        6,553
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         295    +      15    -      13          271
Other liabilities and capital                                38,975    +     217    +   5,954       38,595

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  893,004    -   1,792    +  30,217      894,046

Reserve balances with Federal Reserve Banks                   9,839    +   3,585    -   2,144        4,062
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,916,008    +   4,591    + 311,304    1,914,297
     U.S. Treasury                                        1,235,924    -     197    + 105,594    1,231,300
     Federal agency                                         680,084    +   4,787    + 205,710      682,997
  Securities lent to dealers                                  1,483    +     457    +     746          862   


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 18, 2007     Apr 11, 2007     Apr 19, 2006

Assets
Gold certificate account                                        11,037                0        -       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               976        +      13        +     175
Securities, repurchase agreements, and loans                   806,912        -   4,704        +  26,999
   Securities held outright                                    782,860        +      44        +  24,285
      U.S. Treasury (1)                                        782,860        +      44        +  24,285       
         Bills (2)                                             277,019                0        +   1,649
         Notes and bonds, nominal (2)                          470,399                0        +  13,222
         Notes and bonds, inflation-indexed (2)                 31,776                0        +   9,130
         Inflation compensation (3)                              3,666        +      44        +     284
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    24,000        -   4,750        +   2,750    
   Loans                                                            52        +       3        -      36
Items in process of collection                    (1,012)        3,273        +     151        -   2,143
Bank premises                                                    1,991        +       3        +     158
Other assets (5)                                                38,739        +     389        +     470
      Total assets                                (1,012)      865,129        -   4,146        +  25,658
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  771,894        -   1,123        +  16,618
Reverse repurchase agreements (6)                               33,971        -     163        +   9,242
Deposits                                              (0)       16,201        -   3,552        -   3,993       
  Depository institutions                                       10,600        -   4,028        -   3,983
  U.S. Treasury, general account                                 5,235        +     477        -      10
  Foreign official                                                  95        +       2        +      10
  Other                                               (0)          271        -       3        -      10
Deferred availability cash items                  (1,012)        4,467        +     564        -   1,842
Other liabilities and accrued dividends (7)                      5,819        -      40        +   1,225
      Total liabilities                           (1,012)      832,352        -   4,314        +  21,251
                          
Capital Accounts
Capital paid in                                                 15,856        +       2        +   2,105
Surplus                                                         15,362                0        +   2,461
Other capital accounts                                           1,559        +     166        -     158
      Total capital                                             32,776        +     167        +   4,406


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 18, 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              50       60,740   +  11,087            0           0       24,000       33,971
16 days to 90 days           2      171,156   -  10,796            0           0            0            0
91 days to 1 year            0      173,892   -     288            0           0     ------      ------
Over 1 to 5 years     ------        226,996   +      11            0           0     ------      ------
Over 5 to 10 years    ------         66,851   +      12            0           0     ------      ------
Over 10 years         ------         83,225   +      18            0           0     ------      ------
                   		 	
All                         52      782,860   +      44            0           0       24,000      33,971

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 18, 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        449      4,053        455        428        869      1,117        903        326        203        335        613      1,286
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             976         41         69         67         88         92        106        114         38         43         73         89        158
Securities, repurchase agreements,
      and loans                              806,912     37,191    292,162     35,696     33,019     69,908     74,835     67,702     25,793     16,107     26,125     35,451     92,923
   Securities held outright                  782,860     36,079    283,472     34,634     32,037     67,829     72,609     65,664     25,021     15,620     25,342     34,396     90,159
      U.S. Treasury (1)                      782,860     36,079    283,472     34,634     32,037     67,829     72,609     65,664     25,021     15,620     25,342     34,396     90,159
         Bills (2)                           277,019     12,767    100,308     12,255     11,336     24,001     25,693     23,235      8,854      5,527      8,967     12,171     31,903
         Notes and bonds(3)                  505,841     23,312    183,164     22,379     20,701     43,827     46,916     42,428     16,167     10,093     16,375     22,225     58,256
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                24,000      1,106      8,690      1,062        982      2,079      2,226      2,013        767        479        777      1,054      2,764
      Loans                                       52          6          0          0          0          0          0         25          5          9          6          0          0
Items in process of collection                 4,285        186         63        469        486        399        579        327        169        178        421        232        775
Bank premises                                  1,991        117        212         57        156        171        231        208         84        115        189        260        190
Other assets(5)                               38,739      1,308     12,074      3,233      2,217      7,184      3,294      2,538        787        729        775      1,032      3,569
Interdistrict settlement account                   0    - 1,950    - 2,497    - 1,770    - 3,888    -   480    + 6,608    + 1,573    +   588    -   510    + 1,637    + 1,491    -   800
          Total Assets                       866,140     37,457    307,009     38,289     32,611     78,290     86,935     73,576     27,855     16,895     29,621     39,266     98,336

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 18, 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             965,625     38,521    339,797     38,105     35,832     77,177    107,223     81,375     29,371     17,339     30,707     57,356    112,821
  Less: notes held by F.R. Banks              193,730      4,514     62,825      6,647      8,271     12,835     28,729     14,241      3,654      2,488      3,930     21,383     24,212
    Federal Reserve notes, net                771,894     34,007    276,972     31,458     27,561     64,342     78,494     67,133     25,717     14,851     26,777     35,973     88,609
Reverse repurchase agreements (1)              33,971      1,566     12,301      1,503      1,390      2,943      3,151      2,849      1,086        678      1,100      1,493      3,912
Deposits                                       16,201        503      7,045        656        665      1,545      1,212        996        348        271        488        650      1,822
  Depository institutions                      10,600        499      1,579        651        661      1,439      1,209        994        342        271        486        649      1,819
  U.S. Treasury, general account                5,235          0      5,235          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 95          1         65          5          3         11          3          2          0          1          0          1          3
  Other                                           271          2        166          0          1         95          0          0          5          0          1          0          0
Deferred availability cash items                5,478        291        104        713        524        559        810        314        126        291        678        291        776
Other liabilities and accrued                 
  dividends (2)                                 5,819        258      1,823        284        275        728        556        480        214        154        198        275        576
   
    Total liabilities                         833,364     36,624    298,245     34,614     30,415     70,117     84,223     71,774     27,490     16,245     29,241     38,682     95,695
                              
Capital                    
Capital paid in                                15,856        397      4,220      1,810      1,064      3,972      1,316        863        171        316        180        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                                   1,559         41        784         55         46        107        119         80         28         58         24         95        122
     Total liabilities and capital            866,140     37,457    307,009     38,289     32,611     78,290     86,935     73,576     27,855     16,895     29,621     39,266     98,336
                              

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 18, 2007
              
Federal Reserve notes outstanding             965,625
   Less: Notes held by F.R. Banks
         not subject to collateralization     193,730
      Federal Reserve Notes to be
         collateralized                       771,894 
Collateral held against Federal Reserve            
   notes                                      771,894
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              758,658
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         806,860
   Less:face value of securities under
         reverse repurchase agreements         34,026
      U.S. Treasury and agency securities
             eligible to be pledged           772,835
   

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.