Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 833,424 + 2,624 + 31,539 840,647

Securities held outright 768,651 + 1,238 + 28,126 769,918

U.S. Treasury1 768,651 + 1,238 + 28,126 769,918

Bills2 277,019 0 + 6,308 277,019

Notes and bonds, nominal2 459,397 + 586 + 12,605 459,065

Notes and bonds, inflation-indexed2 28,053 + 623 + 8,070 29,611

Inflation compensation3 4,182 + 30 + 1,144 4,223

Federal agency2 0 0 0 0

Repurchase agreements4 22,429 - 464 + 1,893 25,000

Loans to depository institutions 172 - 2 + 18 197

Primary credit 21 + 12 + 16 58

Secondary credit 0 0 0 0

Seasonal credit 152 - 13 + 4 139

Float 1,232 + 1,640 + 863 4,795

Other Federal Reserve assets 40,940 + 212 + 638 40,738

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,140 + 14 + 1,711 38,140

Total factors supplying reserve funds 884,805 + 2,638 + 33,250 892,029

Currency in circulation5 794,745 + 593 + 26,344 797,209

Reverse repurchase agreements6 31,958 + 1,237 + 6,611 31,186

Foreign official and international accounts 31,958 + 1,237 + 6,611 31,186

Dealers 0 0 0 0

Treasury cash holdings 181 + 1 - 32 191

Deposits with F.R. Banks, other than reserve balances 12,304 - 167 - 1,872 12,353

U.S. Treasury, general account 4,982 - 196 + 1 5,007

Foreign official 89 0 - 16 91

Service-related 6,932 + 18 - 1,849 6,932

Required clearing balances 6,932 + 18 - 1,849 6,932

Adjustments to compensate for float 0 0 0 0

Other 300 + 10 - 8 323

Other liabilities and capital 36,688 + 271 + 4,816 36,261

Total factors, other than reserve balances,

absorbing reserve funds 875,877 + 1,937 + 35,869 877,200

Reserve balances with Federal Reserve Banks 8,928 + 701 - 2,619 14,829

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,693,958 + 8,328 + 216,132 1,694,425

U.S. Treasury 1,145,474 + 3,938 + 58,997 1,144,760

Federal agency 548,485 + 4,391 + 157,135 549,666

Securities lent to dealers 1,060 - 603 - 2,063 1,859

FEDERAL RESERVE statistical release

 November 2, 2006

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

 Nov 1, 2006 Week ended

 Nov 1, 2006 Oct 25, 2006 Nov 2, 2005
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 + 1

Special drawing rights certificate account 2,200 0 0

Coin 834 + 3 + 107

Securities, repurchase agreements, and loans 795,114 - 3,479 + 39,872

Securities held outright 769,918 + 1,496 + 29,304

U.S. Treasury1 769,918 + 1,496 + 29,304

Bills2 277,019 0 + 6,238

Notes and bonds, nominal2 459,065 - 750 + 12,273

Notes and bonds, inflation-indexed2 29,611 + 2,181 + 9,628

Inflation compensation3 4,223 + 66 + 1,166

Federal agency2 0 0 0

Repurchase agreements4 25,000 - 5,000 + 10,500

Loans 197 + 25 + 68

Items in process of collection (1,656) 9,615 + 6,239 + 1,765

Bank premises 1,912 + 10 + 69

Other assets5 38,836 + 155 + 632

Total assets (1,656) 859,548 + 2,928 + 42,446

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 760,089 + 1,620 + 25,566

Reverse repurchase agreements6 31,186 + 35 + 6,247

Deposits (0) 27,192 + 456 + 8,458

Depository institutions 21,771 + 765 + 7,958

U.S. Treasury, general account 5,007 - 339 + 508

Foreign official 91 + 1 - 15

Other (0) 323 + 30 + 7

Deferred availability cash items (1,656) 4,820 + 585 - 2,649

Other liabilities and accrued dividends7 5,561 + 31 + 1,530

Total liabilities (1,656) 828,849 + 2,728 + 39,153

Capital accounts

Capital paid in 15,113 + 14 + 1,658

Surplus 12,901 0 + 1,271

Other capital accounts 2,686 + 187 + 364

Total capital 30,700 + 200 + 3,294

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Nov 2, 2005

Eliminations from

consolidation Wednesday

 Nov 1, 2006

Wednesday

 Oct 25, 2006

3. Maturity Distribution of Loans and Securities, November 1, 2006

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 66 60,074 + 2,329 0 0 25,000 31,186

16 days to 90 days 131 154,842 - 9,154 0 0 0 0

91 days to 1 year 0 193,350 + 7,165 0 0 . . . . . . 

Over 1 year to 5 years . . . 218,327 + 1,151 0 0 . . . . . . 

Over 5 years to 10 years . . . 61,746 + 1 0 0 . . . . . . 

Over 10 years . . . 81,578 + 3 0 0 . . . . . . 

All 197 769,918 + 1,496 0 0 25,000 31,186

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on November 1, 2006Millions 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 2,200 834 795,114 769,918 769,918 277,019 492,899 0 25,000 197 11,271 1,912 38,836 0 861,204

Assets, liabilities, and capital

 4,139 874 46 309,967 284,967 284,967 102,532 182,435 0 25,000 0 180 207 14,028 - 3,050 326,391

 486 115 23 36,739 36,739 36,739 13,219 23,520 0 0 0 368 115 1,239 - 1,436 37,648

 463 83 61 33,427 33,427 33,427 12,027 21,400 0 0 0 848 57 1,837 + 811 37,588

 446 104 77 33,245 33,245 33,245 11,962 21,283 0 0 0 4,524 157 2,302 - 5,817 35,038

 853 147 80 63,957 63,957 63,957 23,012 40,945 0 0 0 445 162 6,961 + 6,048 78,652

 1,023 166 106 64,462 64,455 64,455 23,191 41,264 0 0 7 1,471 231 2,746 + 6,835 77,041

 947 212 96 70,763 70,694 70,694 25,436 45,258 0 0 69 609 209 2,767 - 6,617 68,985

 328 71 38 24,463 24,462 24,462 8,801 15,660 0 0 1 292 75 766 - 344 25,690

 2   15,6 15,6 15,6 5,6 10,0    2 1 7 + 2 17,2
 941,405

 181,315 760,089 760,089 11,037 2,200 746,852 0 794,918 31,487 763,430

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.

 941,405 181,315 760,089 31,186 27,192 21,771 5,007 91 323 6,476 5,561 830,504 15,113 12,901 2,686 861,204

 37,866 4,017 33,849 1,488 815 813 0 1 0 417 267 36,835 390 317 106 37,648

 345,580 53,449 292,131 11,543 12,934 7,649 5,007 62 216 145 1,857 318,608 3,722 3,685 376 326,391

 38,848 7,634 31,214 1,354 526 523 0 2 0 1,096 275 34,465 1,811 744 568 37,588

 36,917 7,097 29,820 1,347 859 856 0 3 0 499 273 32,798 1,099 1,013 127 35,038

 75,288 12,685 62,602 2,591 3,932 3,818 0 11 104 659 574 70,358 4,082 3,307 905 78,652

 95,404 25,995 69,409 2,611 1,645 1,642 0 3 0 662 469 74,796 1,089 892 263 77,041

 77,510 15,772 61,738 2,863 1,590 1,587 0 3 0 498 495 67,185 848 876 76 68,985

 27,339 3,795 23,544 991 481 480 0 0 1 140 197 25,353 165 144 28 25,690

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

H.4.14. Statement of Condition of Each Federal Reserve Bank on November 1, 2006 (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

 Nov 1, 2006

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.