Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 854,278 - 3,016 + 24,176 851,809

Securities held outright 790,587 + 56 + 24,183 790,606

U.S. Treasury1 790,587 + 56 + 24,183 790,606

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 4,437 + 56 + 629 4,457

Federal agency2 0 0 0 0

Repurchase agreements4 22,893 - 4,286 + 1,750 20,500

Loans to depository institutions 238 + 42 - 61 208

Primary credit 43 + 25 + 32 2

Secondary credit 0 0 0 0

Seasonal credit 195 + 17 - 94 205

Float 1 + 960 - 979 -410

Other Federal Reserve assets 40,559 + 211 - 717 40,905

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,554 + 14 + 555 38,554

Total factors supplying reserve funds 906,073 - 3,003 + 24,731 903,604

Currency in circulation5 817,354 + 2,528 + 19,065 817,166

Reverse repurchase agreements6 31,724 - 470 + 3,405 31,296

Foreign official and international accounts 31,724 - 470 + 3,405 31,296

Dealers 0 0 0 0

Treasury cash holdings 313 + 4 + 146 356

Deposits with F.R. Banks, other than reserve balances 11,699 + 322 - 1,051 11,719

U.S. Treasury, general account 4,912 + 305 - 274 4,914

Foreign official 95 - 45 0 95

Service-related 6,433 + 39 - 784 6,433

Required clearing balances 6,433 + 39 - 784 6,433

Adjustments to compensate for float 0 0 0 0

Other 259 + 22 + 8 277

Other liabilities and capital 39,439 - 67 + 4,220 38,888

Total factors, other than reserve balances,

absorbing reserve funds 900,529 + 2,317 + 25,785 899,426

Reserve balances with Federal Reserve Banks 5,543 - 5,321 - 1,055 4,178

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,988,983 + 6,815 + 356,428 1,997,056

U.S. Treasury 1,245,021 + 4,359 + 131,730 1,252,058

Federal agency 743,962 + 2,455 + 224,698 744,998

Securities lent to dealers 3,213 - 6,928 + 213 2,007

FEDERAL RESERVE statistical release

 July 12, 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 11, 2007 Week ended

 Jul 11, 2007 Jul 4, 2007 Jul 12, 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 927 + 3 + 216

Securities, repurchase agreements, and loans 811,314 - 9,675 + 23,794

Securities held outright 790,606 + 53 + 24,192

U.S. Treasury1 790,606 + 53 + 24,192

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 4,457 + 54 + 638

Federal agency2 0 0 0

Repurchase agreements4 20,500 - 9,750 - 250

Loans 208 + 22 - 147

Items in process of collection (3,654) 6,703 + 1,787 + 1,144

Bank premises 2,046 + 1 + 188

Other assets5 38,971 + 683 - 30

Total assets (3,654) 873,198 - 7,201 + 25,312

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 779,891 - 1,485 + 19,239

Reverse repurchase agreements6 31,296 - 913 + 2,758

Deposits (0) 16,010 - 5,228 - 2,648

Depository institutions 10,723 - 6,032 - 2,546

U.S. Treasury, general account 4,914 + 797 - 110

Foreign official 95 - 1 + 6

Other (0) 277 + 8 0

Deferred availability cash items (3,654) 7,113 + 1,291 + 1,641

Other liabilities and accrued dividends7 5,697 + 32 + 908

Total liabilities (3,654) 840,007 - 6,304 + 21,897

Capital accounts

Capital paid in 16,165 + 2 + 1,188

Surplus 15,399 0 + 2,498

Other capital accounts 1,627 - 900 - 271

Total capital 33,191 - 897 + 3,415

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jul 12, 2006

Eliminations from

consolidation Wednesday

 Jul 11, 2007

Wednesday

 Jul 4, 2007

3. Maturity Distribution of Loans and Securities, July 11, 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 24 53,555 + 15,994 0 0 20,500 31,296

16 days to 90 days 183 179,721 - 16,693 0 0 0 0

91 days to 1 year 0 165,426 + 704 0 0 . . . . . . 

Over 1 year to 5 years . . . 234,969 + 16 0 0 . . . . . . 

Over 5 years to 10 years . . . 74,583 + 13 0 0 . . . . . . 

Over 10 years . . . 82,354 + 21 0 0 . . . . . . 

All 208 790,606 + 53 0 0 20,500 31,296

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on July 11, 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 2,200 927 811,314 790,606 790,606 277,019 513,588 0 20,500 208 10,357 2,046 38,971 0 876,852

Assets, liabilities, and capital

 4,053 874 46 293,700 286,276 286,276 100,308 185,969 0 7,423 0 613 215 12,150 + 1,165 312,816

 449 115 25 37,380 36,436 36,436 12,767 23,669 0 945 0 408 118 1,311 - 3,623 36,183

 455 83 61 35,884 34,977 34,977 12,255 22,721 0 907 0 943 56 3,243 + 167 40,891

 428 104 95 33,193 32,354 32,354 11,336 21,018 0 839 0 1,349 156 2,219 - 3,126 34,417

 869 147 87 70,276 68,500 68,500 24,001 44,498 0 1,776 0 623 173 7,205 + 376 79,757

 1,117 166 123 75,233 73,327 73,327 25,693 47,634 0 1,901 5 1,022 231 3,356 + 5,898 87,145

 903 212 113 68,086 66,314 66,314 23,235 43,078 0 1,719 53 883 207 2,554 + 1,261 74,218

 326 71 50 25,974 25,269 25,269 8,854 16,415 0 655 50 139 94 790 + 298 27,742

 2   16,2 15,7 15,7 5,5 10,2  4  5 1 7 - 9 16,9
 982,532

 202,641 779,891 779,891 11,037 2,200 766,654 0 811,106 31,343 779,763

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.

 982,532 202,641 779,891 31,296 16,010 10,723 4,914 95 277 10,767 5,697 843,661 16,165 15,399 1,627 876,852

 37,626 4,942 32,684 1,442 398 394 0 1 3 587 252 35,363 388 396 36 36,183

 349,122 65,992 283,130 11,332 7,038 1,905 4,914 65 154 690 1,760 303,950 4,292 3,794 780 312,816

 40,931 7,164 33,766 1,385 550 544 0 5 1 1,258 259 37,218 1,809 1,811 54 40,891

 36,959 8,548 28,411 1,281 807 803 0 3 1 1,416 264 32,179 1,101 1,087 51 34,417

 80,341 14,666 65,676 2,712 1,345 1,220 0 11 114 793 751 71,277 4,191 4,096 193 79,757

 108,087 29,213 78,874 2,903 1,299 1,296 0 3 0 967 523 84,565 1,238 1,277 66 87,145

 80,717 13,722 66,996 2,625 1,307 1,304 0 2 1 978 470 72,376 890 859 93 74,218

 29,271 3,596 25,675 1,000 310 309 0 0 1 167 222 27,374 173 166 28 27,742

 17,2 2,6 14,5 6 2 2    6 1 16,3 3 2  16,9

H.4.14. Statement of Condition of Each Federal Reserve Bank on July 11, 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 11, 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.