Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 825,027 - 4,209 + 33,601 823,337

Securities held outright 764,850 + 13 + 36,297 764,855

U.S. Treasury1 764,850 + 13 + 36,297 764,855

Bills2 277,019 0 + 9,690 277,019

Notes and bonds, nominal2 457,826 0 + 18,921 457,826

Notes and bonds, inflation-indexed2 26,019 0 + 6,486 26,019

Inflation compensation3 3,987 + 13 + 1,202 3,992

Federal agency2 0 0 0 0

Repurchase agreements4 21,536 - 1,893 - 3,571 19,750

Loans to depository institutions 348 + 1 + 15 367

Primary credit 7 - 1 - 9 10

Secondary credit 0 0 0 0

Seasonal credit 341 + 2 + 24 357

Float -274 + 82 + 261 -320

Other Federal Reserve assets 38,567 - 2,413 + 598 38,685

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,088 + 14 + 1,659 38,088

Total factors supplying reserve funds 876,356 - 4,195 + 35,260 874,666

Currency in circulation5 793,326 - 1,140 + 30,569 793,914

Reverse repurchase agreements6 27,503 - 1,390 + 3,466 26,553

Foreign official and international accounts 27,503 - 1,390 + 3,466 26,553

Dealers 0 0 0 0

Treasury cash holdings 159 - 1 - 94 170

Deposits with F.R. Banks, other than reserve balances 12,708 + 387 - 1,597 12,333

U.S. Treasury, general account 4,997 + 250 - 184 4,943

Foreign official 89 0 + 2 90

Service-related 6,982 - 219 - 1,739 6,982

Required clearing balances 6,982 - 219 - 1,739 6,982

Adjustments to compensate for float 0 0 0 0

Other 640 + 355 + 324 318

Other liabilities and capital 35,597 + 216 + 4,810 35,210

Total factors, other than reserve balances,

absorbing reserve funds 869,294 - 1,926 + 37,156 868,181

Reserve balances with Federal Reserve Banks 7,062 - 2,269 - 1,896 6,485

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,670,373 + 3,165 + 204,571 1,676,125

U.S. Treasury 1,139,087 + 1,223 + 42,910 1,142,527

Federal agency 531,286 + 1,942 + 161,661 533,598

Securities lent to dealers 1,228 - 1,250 - 589 1,465

FEDERAL RESERVE statistical release

 August 24, 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

 Aug 23, 2006 Week ended

 Aug 23, 2006 Aug 16, 2006 Aug 24, 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 0

Special drawing rights certificate account 2,200 0 0

Coin 776 + 7 + 126

Securities, repurchase agreements, and loans 784,972 - 5,481 + 29,047

Securities held outright 764,855 + 13 + 35,276

U.S. Treasury1 764,855 + 13 + 35,276

Bills2 277,019 0 + 9,511

Notes and bonds, nominal2 457,826 0 + 18,074

Notes and bonds, inflation-indexed2 26,019 0 + 6,486

Inflation compensation3 3,992 + 13 + 1,206

Federal agency2 0 0 0

Repurchase agreements4 19,750 - 5,500 - 6,250

Loans 367 + 6 + 21

Items in process of collection (970) 4,260 + 247 - 1,228

Bank premises 1,877 + 7 + 45

Other assets5 36,714 + 343 + 319

Total assets (970) 841,837 - 4,876 + 28,310

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 756,769 - 1,558 + 28,839

Reverse repurchase agreements6 26,553 - 956 + 2,439

Deposits (0) 18,725 - 2,197 - 6,323

Depository institutions 13,373 - 2,740 - 6,696

U.S. Treasury, general account 4,943 + 500 + 340

Foreign official 90 + 2 + 10

Other (0) 318 + 41 + 22

Deferred availability cash items (970) 4,580 - 225 - 1,246

Other liabilities and accrued dividends7 5,252 + 72 + 1,684

Total liabilities (970) 811,878 - 4,865 + 25,391

Capital accounts

Capital paid in 15,047 + 17 + 1,606

Surplus 12,901 0 + 1,271

Other capital accounts 2,011 - 28 + 42

Total capital 29,959 - 11 + 2,919

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Aug 24, 2005

Eliminations from

consolidation Wednesday

 Aug 23, 2006

Wednesday

 Aug 16, 2006

3. Maturity Distribution of Loans and Securities, August 23, 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 325 63,576 + 673 0 0 19,750 26,553

16 days to 90 days 42 165,659 + 6,656 0 0 0 0

91 days to 1 year 0 183,512 - 7,327 0 0 . . . . . . 

Over 1 year to 5 years . . . 211,118 + 3 0 0 . . . . . . 

Over 5 years to 10 years . . . 59,710 + 1,559 0 0 . . . . . . 

Over 10 years . . . 81,279 - 1,551 0 0 . . . . . . 

All 367 764,855 + 13 0 0 19,750 26,553

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on August 23, 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 2,200 776 784,972 764,855 764,855 277,019 487,836 0 19,750 367 5,230 1,877 36,714 0 842,807

Assets, liabilities, and capital

 4,139 874 45 302,844 283,094 283,094 102,532 180,562 0 19,750 0 143 207 13,260 + 3,799 325,310

 486 115 24 36,498 36,498 36,498 13,219 23,279 0 0 0 252 113 1,141 - 1,075 37,554

 463 83 39 33,207 33,207 33,207 12,027 21,180 0 0 0 931 57 1,749 + 709 37,238

 446 104 72 33,026 33,026 33,026 11,962 21,065 0 0 0 340 157 2,199 - 373 35,971

 853 147 73 63,538 63,537 63,537 23,012 40,525 0 0 1 318 157 6,781 + 2,523 74,390

 1,023 166 105 64,045 64,031 64,031 23,191 40,840 0 0 14 578 231 2,552 + 5,487 74,187

 947 212 95 70,318 70,229 70,229 25,436 44,793 0 0 89 229 209 2,569 - 9,809 64,769

 328 71 39 24,367 24,301 24,301 8,801 15,499 0 0 67 167 73 712 - 816 24,942

 2   15,6 15,5 15,5 5,6 9,9   1 2 1 6 - 3 16,6
 931,760

 174,991 756,769 756,769 11,037 2,200 743,532 0 784,605 26,591 758,014

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.

 931,760 174,991 756,769 26,553 18,725 13,373 4,943 90 318 5,550 5,252 812,848 15,047 12,901 2,011 842,807

 38,016 3,852 34,164 1,267 686 680 0 1 5 383 261 36,761 383 317 94 37,554

 349,122 50,028 299,094 9,828 6,914 1,734 4,943 61 176 100 1,778 317,715 3,688 3,685 222 325,310

 39,357 7,601 31,756 1,153 471 469 0 2 0 800 247 34,427 1,745 744 322 37,238

 37,162 6,352 30,810 1,147 923 916 0 3 4 571 253 33,703 1,126 1,013 128 35,971

 73,354 13,361 59,993 2,206 3,180 3,041 0 11 129 459 499 66,337 4,017 3,307 728 74,390

 93,593 26,489 67,104 2,223 1,518 1,514 0 3 0 704 449 71,997 1,072 892 225 74,187

 73,287 14,698 58,589 2,438 1,230 1,227 0 3 0 267 482 63,006 841 876 46 64,769

 27,142 4,161 22,981 844 475 472 0 0 2 124 192 24,615 155 144 29 24,942

 17,1 2,3 14,7 5 2 2    3 1 16,1 2 2  16,6

H.4.14. Statement of Condition of Each Federal Reserve Bank on August 23, 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

 Aug 23, 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.