Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 853,857 - 417 + 23,360 858,574

Securities held outright 790,640 + 53 + 24,852 790,660

U.S. Treasury1 790,640 + 53 + 24,852 790,660

Bills2 277,019 0 + 1,178 277,019

Notes and bonds, nominal2 474,672 0 + 12,458 474,672

Notes and bonds, inflation-indexed2 34,459 0 + 10,583 34,459

Inflation compensation3 4,491 + 54 + 634 4,510

Federal agency2 0 0 0 0

Repurchase agreements4 22,536 - 357 - 1,750 27,250

Loans to depository institutions 360 + 122 + 32 252

Primary credit 145 + 102 + 129 17

Secondary credit 0 0 0 0

Seasonal credit 216 + 21 - 97 234

Float -724 - 721 - 98 -571

Other Federal Reserve assets 41,044 + 485 + 323 40,983

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,546 + 14 + 538 38,546

Total factors supplying reserve funds 905,644 - 403 + 23,898 910,360

Currency in circulation5 814,011 - 3,321 + 19,438 814,193

Reverse repurchase agreements6 31,566 - 158 + 2,127 32,507

Foreign official and international accounts 31,566 - 158 + 2,127 32,507

Dealers 0 0 0 0

Treasury cash holdings 350 + 37 + 188 320

Deposits with F.R. Banks, other than reserve balances 11,043 - 656 - 1,470 11,120

U.S. Treasury, general account 4,174 - 738 - 741 4,100

Foreign official 124 + 29 + 34 293

Service-related 6,432 - 1 - 784 6,432

Required clearing balances 6,432 - 1 - 784 6,432

Adjustments to compensate for float 0 0 0 0

Other 312 + 53 + 20 294

Other liabilities and capital 39,350 - 89 + 4,542 38,852

Total factors, other than reserve balances,

absorbing reserve funds 896,321 - 4,186 + 24,826 896,992

Reserve balances with Federal Reserve Banks 9,323 + 3,784 - 928 13,369

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,996,019 + 7,036 + 362,485 2,003,549

U.S. Treasury 1,251,477 + 6,456 + 139,490 1,258,875

Federal agency 744,543 + 581 + 222,997 744,674

Securities lent to dealers 4,678 + 1,465 + 3,057 6,039

FEDERAL RESERVE statistical release

 July 19, 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

 Jul 18, 2007 Week ended

 Jul 18, 2007 Jul 11, 2007 Jul 19, 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 981 + 54 + 245

Securities, repurchase agreements, and loans 818,162 + 6,848 + 24,087

Securities held outright 790,660 + 54 + 25,929

U.S. Treasury1 790,660 + 54 + 25,929

Bills2 277,019 0 0

Notes and bonds, nominal2 474,672 0 + 15,611

Notes and bonds, inflation-indexed2 34,459 0 + 9,676

Inflation compensation3 4,510 + 53 + 641

Federal agency2 0 0 0

Repurchase agreements4 27,250 + 6,750 - 1,750

Loans 252 + 44 - 91

Items in process of collection (1,051) 3,229 - 3,474 - 1,699

Bank premises 2,046 0 + 186

Other assets5 39,051 + 80 + 441

Total assets (1,051) 876,707 + 3,509 + 23,262

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 776,944 - 2,947 + 19,503

Reverse repurchase agreements6 32,507 + 1,211 + 2,920

Deposits (0) 24,603 + 8,593 - 2,192

Depository institutions 19,916 + 9,193 - 1,225

U.S. Treasury, general account 4,100 - 814 - 1,172

Foreign official 293 + 198 + 205

Other (0) 294 + 17 0

Deferred availability cash items (1,051) 3,800 - 3,313 - 1,454

Other liabilities and accrued dividends7 5,678 - 19 + 862

Total liabilities (1,051) 843,532 + 3,525 + 19,639

Capital accounts

Capital paid in 16,169 + 4 + 1,183

Surplus 15,399 0 + 2,498

Other capital accounts 1,607 - 20 - 58

Total capital 33,174 - 17 + 3,622

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jul 19, 2006

Eliminations from

consolidation Wednesday

 Jul 18, 2007

Wednesday

 Jul 11, 2007

3. Maturity Distribution of Loans and Securities, July 18, 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 246 60,013 + 6,458 0 0 27,250 32,507

16 days to 90 days 6 172,313 - 7,408 0 0 0 0

91 days to 1 year 0 168,890 + 3,464 0 0 . . . . . . 

Over 1 year to 5 years . . . 237,738 + 2,769 0 0 . . . . . . 

Over 5 years to 10 years . . . 69,332 - 5,251 0 0 . . . . . . 

Over 10 years . . . 82,374 + 20 0 0 . . . . . . 

All 252 790,660 + 54 0 0 27,250 32,507

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on July 18, 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 2,200 981 818,162 790,660 790,660 277,019 513,641 0 27,250 252 4,280 2,046 39,051 0 877,757

Assets, liabilities, and capital

 4,053 874 49 296,163 286,296 286,296 100,308 185,988 0 9,867 0 -4 215 12,179 + 3,591 317,121

 449 115 30 37,694 36,438 36,438 12,767 23,672 0 1,256 0 248 117 1,319 - 3,856 36,116

 455 83 63 36,185 34,979 34,979 12,255 22,724 0 1,206 0 360 56 3,256 - 140 40,317

 428 104 95 33,472 32,356 32,356 11,336 21,020 0 1,115 0 840 156 2,238 - 3,375 33,956

 869 147 95 70,865 68,504 68,504 24,001 44,503 0 2,361 0 313 173 7,234 + 943 80,639

 1,117 166 133 75,864 73,332 73,332 25,693 47,639 0 2,527 5 584 231 3,318 + 5,607 87,020

 903 212 122 68,660 66,318 66,318 23,235 43,083 0 2,286 56 332 207 2,558 + 382 73,375

 326 71 52 26,206 25,270 25,270 8,854 16,416 0 871 65 111 94 786 + 25 27,672

 2   16,3 15,7 15,7 5,5 10,2  5  2 1 7 - 6 17,0
 984,343

 207,399 776,944 776,944 11,037 2,200 763,708 0 817,910 32,553 785,357

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.

 984,343 207,399 776,944 32,507 24,603 19,916 4,100 293 294 4,851 5,678 844,583 16,169 15,399 1,607 877,757

 37,670 5,212 32,458 1,498 842 839 0 1 1 247 252 35,297 388 396 35 36,116

 350,175 66,383 283,792 11,771 10,828 6,290 4,100 263 175 105 1,758 308,253 4,292 3,794 782 317,121

 40,962 7,466 33,496 1,438 844 839 0 5 0 621 259 36,658 1,809 1,811 39 40,317

 37,240 8,772 28,468 1,330 1,034 1,030 0 3 1 621 261 31,713 1,101 1,087 55 33,956

 80,369 15,115 65,254 2,816 2,896 2,772 0 11 113 460 752 72,178 4,195 4,096 168 80,639

 108,560 29,987 78,573 3,015 1,759 1,756 0 3 0 552 532 84,431 1,238 1,277 74 87,020

 80,721 14,129 66,592 2,727 1,364 1,361 0 2 1 380 468 71,531 890 859 95 73,375

 29,396 3,835 25,561 1,039 354 352 0 0 1 134 214 27,302 173 166 30 27,672

 17,2 2,7 14,4 6 8 8    3 1 16,4 3 2  17,0

H.4.14. Statement of Condition of Each Federal Reserve Bank on July 18, 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

 Jul 18, 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.