FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             April 26, 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 25, 2007 Apr 18, 2007 Apr 26, 2006 Apr 25, 2007
Federal Reserve Banks

Reserve Bank Credit                                         849,995    -   1,204    +  29,927      864,681
 Securities held outright                                   784,787    +   1,943    +  25,891      787,149       
    U.S. Treasury (1)                                       784,787    +   1,943    +  25,891      787,149
       Bills (2)                                            277,019            0    +   1,649      277,019
       Notes and bonds, nominal (2)                         471,714    +   1,315    +  14,224      474,059
       Notes and bonds, inflation-indexed (2)                32,336    +     560    +   9,690       32,336
       Inflation compensation (3)                             3,719    +      69    +     329        3,736
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    24,964    -   3,607    +   3,428       38,000
 Loans to depository institutions                               115    +      65    -       4           57
    Primary credit                                               61    +      59    +      32            0
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              55    +       7    -      35           56
 Float                                                         -929    -      33    +      61       -1,826
 Other Federal Reserve assets                                41,057    +     428    +     550       41,301
Gold stock                                                   11,041            0    -       2       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,417    +      14    +     495       38,417
       
Total factors supplying reserve funds                       901,653    -   1,190    +  30,421      916,339
                                                                   
Currency in circulation(5)                                  807,214    -     940    +  16,562      808,534
Reverse repurchase agreements (6)                            34,080    +     917    +  10,027       34,025
   Foreign official and international accounts               34,080    +     917    +  10,027       34,025
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          305    -      11    +     106          299
Deposits with F.R.Banks, other than reserve balances         13,448    +   1,053    +     515       19,171       
  U.S. Treasury, general account                              6,534    +   1,080    +   1,581       12,250
  Foreign official                                               92    -       1    +       7           92
  Service-related                                             6,555    +       2    -   1,056        6,555
     Required clearing balances                               6,555    +       2    -   1,056        6,555
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         266    -      29    -      18          274
Other liabilities and capital                                39,041    +      66    +   5,553       38,490

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  894,087    +   1,083    +  32,762      900,519

Reserve balances with Federal Reserve Banks                   7,566    -   2,273    -   2,342       15,819
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,918,122    +   2,114    + 314,477    1,928,472
     U.S. Treasury                                        1,228,017    -   7,907    + 110,459    1,230,171
     Federal agency                                         690,105    +  10,021    + 204,017      698,301
  Securities lent to dealers                                  2,658    +   1,175    +   2,171        1,501   


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 25, 2007     Apr 18, 2007     Apr 26, 2006

Assets
Gold certificate account                                        11,037                0        -       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                             1,019        +      43        +     214
Securities, repurchase agreements, and loans                   825,206        +  18,294        +  38,667
   Securities held outright                                    787,149        +   4,289        +  27,466
      U.S. Treasury (1)                                        787,149        +   4,289        +  27,466       
         Bills (2)                                             277,019                0        +   1,649
         Notes and bonds, nominal (2)                          474,059        +   3,660        +  15,786
         Notes and bonds, inflation-indexed (2)                 32,336        +     560        +   9,690
         Inflation compensation (3)                              3,736        +      70        +     342
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    38,000        +  14,000        +  11,250    
   Loans                                                            57        +       5        -      48
Items in process of collection                      (770)        2,707        -     566        -   3,578
Bank premises                                                    1,990        -       1        +     157
Other assets (5)                                                39,302        +     563        +     292
      Total assets                                  (770)      883,461        +  18,332        +  35,750
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  771,431        -     463        +  16,273
Reverse repurchase agreements (6)                               34,025        +      54        +  11,115
Deposits                                              (0)       34,982        +  18,781        +   4,723       
  Depository institutions                                       22,366        +  11,766        -   1,918
  U.S. Treasury, general account                                12,250        +   7,015        +   6,640
  Foreign official                                                  92        -       3        +       7
  Other                                               (0)          274        +       3        -       6
Deferred availability cash items                    (770)        4,532        +      65        -   1,662
Other liabilities and accrued dividends (7)                      5,837        +      18        +   1,187
      Total liabilities                             (770)      850,807        +  18,455        +  31,635
                          
Capital Accounts
Capital paid in                                                 15,872        +      16        +   2,056
Surplus                                                         15,362                0        +   2,461
Other capital accounts                                           1,419        -     140        -     403
      Total capital                                             32,653        -     123        +   4,115


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 25, 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              53       62,771   +   2,031            0           0       38,000       34,025
16 days to 90 days           4      169,707   -   1,449            0           0            0            0
91 days to 1 year            0      174,707   +     815            0           0     ------      ------
Over 1 to 5 years     ------        229,833   +   2,837            0           0     ------      ------
Over 5 to 10 years    ------         66,887   +      36            0           0     ------      ------
Over 10 years         ------         83,244   +      19            0           0     ------      ------
                   		 	
All                         57      787,149   +   4,289            0           0       38,000      34,025

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 25, 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                                           1,019         42         67         66        101         97        110        121         42         43         78         95        157
Securities, repurchase agreements,
      and loans                              825,206     38,034    298,784     36,505     33,768     71,493     76,531     69,232     26,384     16,474     26,718     36,254     95,029
   Securities held outright                  787,149     36,276    285,025     34,824     32,213     68,200     73,006     66,024     25,158     15,705     25,481     34,585     90,653
      U.S. Treasury (1)                      787,149     36,276    285,025     34,824     32,213     68,200     73,006     66,024     25,158     15,705     25,481     34,585     90,653
         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)                  510,131     23,510    184,717     22,568     20,876     44,199     47,314     42,788     16,304     10,178     16,513     22,413     58,750
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                38,000      1,751     13,760      1,681      1,555      3,292      3,524      3,187      1,215        758      1,230      1,670      4,376
      Loans                                       57          6          0          0          0          0          0         21         11         10          7          0          0
Items in process of collection                 3,477        136         43        336        485        181        310        319        110        237        286        301        733
Bank premises                                  1,990        117        212         57        156        171        231        206         85        115        189        260        190
Other assets(5)                               39,302      1,337     12,268      3,262      2,244      7,230      3,359      2,580        803        741        792      1,055      3,631
Interdistrict settlement account                   0    - 2,488    + 7,070    - 2,285    - 4,128    - 1,145    + 4,957    -   337    +   106    -   992    + 1,335    + 1,083    - 3,177
          Total Assets                       884,231     37,743    323,371     38,479     33,159     79,043     86,781     73,236     27,926     16,851     29,799     39,759     98,084

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 25, 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             966,195     38,334    339,807     38,060     35,972     77,468    107,737     81,059     29,377     17,267     30,572     57,586    112,956
  Less: notes held by F.R. Banks              194,764      4,440     62,838      6,597      8,325     12,944     29,391     14,333      3,647      2,479      3,887     21,411     24,472
    Federal Reserve notes, net                771,431     33,893    276,969     31,463     27,647     64,524     78,346     66,726     25,730     14,788     26,685     36,175     88,484
Reverse repurchase agreements (1)              34,025      1,568     12,320      1,505      1,392      2,948      3,156      2,854      1,087        679      1,101      1,495      3,919
Deposits                                       34,982        961     23,462        731      1,043      2,313      1,579      1,078        379        328        462        926      1,720
  Depository institutions                      22,366        959     10,978        726      1,039      2,209      1,575      1,076        374        327        460        925      1,717
  U.S. Treasury, general account               12,250          0     12,250          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 92          1         62          5          3         11          3          2          0          1          0          1          3
  Other                                           274          1        172          0          1         93          0          0          5          0          1          0          0
Deferred availability cash items                5,303        234         74        834        613        403        423        293        150        251        969        303        755
Other liabilities and accrued                 
  dividends (2)                                 5,837        259      1,825        287        279        727        562        480        214        156        197        275        576
   
    Total liabilities                         851,577     36,915    314,650     34,821     30,974     70,914     84,065     71,432     27,561     16,203     29,415     39,174     95,453
                              
Capital                    
Capital paid in                                15,872        397      4,220      1,810      1,064      3,972      1,317        877        171        317        180        277      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                                   1,419         35        741         37         34         62        122         68         28         55         28         96        112
     Total liabilities and capital            884,231     37,743    323,371     38,479     33,159     79,043     86,781     73,236     27,926     16,851     29,799     39,759     98,084
                              

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 25, 2007
              
Federal Reserve notes outstanding             966,195
   Less: Notes held by F.R. Banks
         not subject to collateralization     194,764
      Federal Reserve Notes to be
         collateralized                       771,431 
Collateral held against Federal Reserve            
   notes                                      771,431
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              758,194
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         825,149
   Less:face value of securities under
         reverse repurchase agreements         34,078
      U.S. Treasury and agency securities
             eligible to be pledged           791,072
   

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.