Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 815,376 - 5,382 + 37,845 817,148

Securities held outright 754,952 + 1,262 + 37,450 755,576

U.S. Treasury1 754,952 + 1,262 + 37,450 755,576

Bills2 274,142 0 + 11,137 274,142

Notes and bonds, nominal2 455,470 + 1,235 + 22,374 456,077

Notes and bonds, inflation-indexed2 22,196 0 + 3,088 22,196

Inflation compensation3 3,144 + 26 + 852 3,160

Federal agency2 0 0 0 0

Repurchase agreements4 25,679 - 3,357 + 4,786 26,500

Loans to depository institutions 62 + 28 + 29 43

Primary credit 20 + 14 + 15 0

Secondary credit 0 0 0 0

Seasonal credit 42 + 14 + 13 43

Float 848 + 637 + 1,610 1,139

Other Federal Reserve assets 33,835 - 3,952 - 6,031 33,889

Gold stock 11,044 0 + 2 11,044

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

Treasury currency outstanding5 36,609 + 14 + 63 36,609

Total factors supplying reserve funds 865,230 - 5,367 + 37,912 867,001

Currency in circulation5 787,851 + 683 + 36,281 789,388

Reverse repurchase agreements6 24,217 - 430 - 1,414 23,810

Foreign official and international accounts 24,217 - 430 - 1,414 23,810

Dealers 0 0 0 0

Treasury cash holdings 187 + 2 - 70 193

Deposits with F.R. Banks, other than reserve balances 13,527 + 85 - 693 13,311

U.S. Treasury, general account 5,028 - 52 + 724 4,851

Foreign official 85 + 2 + 2 86

Service-related 8,144 + 130 - 1,410 8,144

Required clearing balances 8,144 + 130 - 1,410 8,144

Adjustments to compensate for float 0 0 0 0

Other 269 + 4 - 10 230

Other liabilities and capital 32,514 + 198 + 4,781 32,117

Total factors, other than reserve balances,

absorbing reserve funds 858,296 + 538 + 38,884 858,819

Reserve balances with Federal Reserve Banks 6,934 - 5,905 - 973 8,182

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,591,706 + 11,870 + 211,377 1,598,592

U.S. Treasury 1,136,601 + 9,982 + 56,249 1,141,697

Federal agency 455,106 + 1,889 + 155,129 456,896

Securities lent to dealers 1,820 - 1,789 + 120 2,539

FEDERAL RESERVE statistical release

 March 9, 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

 Mar 8, 2006 Week ended

 Mar 8, 2006 Mar 1, 2006 Mar 9, 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 11,040 0 + 3

Special drawing rights certificate account 2,200 0 0

Coin 820 - 6 + 47

Securities, repurchase agreements, and loans 782,119 - 352 + 42,581

Securities held outright 755,576 + 894 + 38,071

U.S. Treasury1 755,576 + 894 + 38,071

Bills2 274,142 0 + 11,137

Notes and bonds, nominal2 456,077 + 850 + 22,981

Notes and bonds, inflation-indexed2 22,196 0 + 3,088

Inflation compensation3 3,160 + 43 + 864

Federal agency2 0 0 0

Repurchase agreements4 26,500 - 1,250 + 4,500

Loans 43 + 5 + 11

Items in process of collection (1,294) 8,111 - 14 + 812

Bank premises 1,821 0 + 28

Other assets5 36,207 + 286 - 2,158

Total assets (1,294) 842,319 - 84 + 41,314

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 753,788 + 760 + 36,382

Reverse repurchase agreements6 23,810 - 862 - 1,620

Deposits (0) 25,722 - 177 + 2,583

Depository institutions 20,556 + 459 + 2,383

U.S. Treasury, general account 4,851 - 576 + 252

Foreign official 86 + 1 + 4

Other (0) 230 - 60 - 56

Deferred availability cash items (1,294) 6,882 + 89 - 313

Other liabilities and accrued dividends7 4,466 + 102 + 1,357

Total liabilities (1,294) 814,668 - 88 + 38,389

Capital accounts

Capital paid in 13,730 - 9 + 1,195

Surplus 12,901 0 + 1,685

Other capital accounts 1,019 + 13 + 44

Total capital 27,650 + 4 + 2,923

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Mar 9, 2005

Eliminations from

consolidation Wednesday

 Mar 8, 2006

Wednesday

 Mar 1, 2006

3. Maturity Distribution of Loans and Securities, March 8, 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 11 48,007 - 403 0 0 26,500 23,810

16 days to 90 days 32 174,298 + 6,936 0 0 0 0

91 days to 1 year 0 184,149 - 6,529 0 0 . . . . . . 

Over 1 year to 5 years . . . 213,951 + 468 0 0 . . . . . . 

Over 5 years to 10 years . . . 55,355 + 402 0 0 . . . . . . 

Over 10 years . . . 79,816 + 20 0 0 . . . . . . 

All 43 755,576 + 894 0 0 26,500 23,810

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on March 8, 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.

 11,040 2,200 820 782,119 755,576 755,576 274,142 481,434 0 26,500 43 9,405 1,821 36,207 0 843,612

Assets, liabilities, and capital

 4,358 874 67 326,112 299,612 299,612 108,707 190,905 0 26,500 0 637 206 13,486 -30,517 315,221

 510 115 40 38,667 38,658 38,658 14,026 24,632 0 0 10 1,151 113 1,181 - 4,281 37,496

 432 83 49 26,804 26,804 26,804 9,725 17,079 0 0 0 431 54 1,600 + 6,245 35,696

 453 104 65 31,919 31,919 31,919 11,581 20,338 0 0 0 638 157 2,128 + 908 36,373

 836 147 79 57,663 57,663 57,663 20,922 36,741 0 0 0 535 152 6,451 + 8,465 74,328

 945 166 98 58,455 58,455 58,455 21,209 37,246 0 0 0 2,408 232 2,474 + 8,242 73,020

 928 212 97 68,070 68,043 68,043 24,688 43,355 0 0 27 378 210 2,524 - 1,982 70,438

 327 71 50 23,446 23,446 23,446 8,507 14,939 0 0 0 273 70 722 + 637 25,595

 2   15,7 15,7 15,7 5,7 10,0    3 1 6 - 2 16,8
 912,160

 158,372 753,788 753,788 11,040 2,200 740,548 0 782,076 23,840 758,235

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.

 912,160 158,372 753,788 23,810 25,722 20,556 4,851 86 230 8,175 4,466 815,962 13,730 12,901 1,019 843,612

 38,842 4,867 33,976 1,218 817 810 0 1 7 573 237 36,822 323 317 34 37,496

 327,875 45,456 282,419 9,442 13,159 8,089 4,851 57 163 1,003 1,566 307,589 3,695 3,685 253 315,221

 39,012 7,152 31,860 845 504 501 0 2 0 792 183 34,183 750 744 20 35,696

 36,987 5,341 31,646 1,006 867 864 0 3 0 600 217 34,336 999 1,013 23 36,373

 72,952 12,304 60,648 1,817 3,179 3,111 0 11 57 695 429 66,768 3,945 3,307 307 74,328

 87,676 21,872 65,804 1,842 1,785 1,782 0 3 0 1,119 366 70,916 1,035 892 177 73,020

 76,810 12,711 64,099 2,144 1,544 1,541 0 3 1 439 407 68,632 877 876 53 70,438

 27,788 4,076 23,712 739 497 496 0 0 1 178 163 25,289 144 144 18 25,595

 17,6 2,5 15,0 4 3 3    3 1 16,3 2 2  16,8

H.4.14. Statement of Condition of Each Federal Reserve Bank on March 8, 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

 Mar 8, 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.