FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              April 6, 2006
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 5, 2006 Mar 29, 2006  Apr 6, 2005  Apr 5, 2006
Federal Reserve Banks

Reserve Bank Credit                                         820,479    +   6,376    +  37,076      816,849
 Securities held outright                                   758,544    +      31    +  41,203      758,551       
    U.S. Treasury (1)                                       758,544    +      31    +  41,203      758,551
       Bills (2)                                            275,370            0    +  12,365      275,370
       Notes and bonds, nominal (2)                         457,177            0    +  24,292      457,177
       Notes and bonds, inflation-indexed (2)                22,646            0    +   3,538       22,646
       Inflation compensation (3)                             3,351    +      31    +   1,009        3,358
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    24,143    +   3,393    -   1,000       19,250
 Loans to depository institutions                               294    +     203    +     225           64
    Primary credit                                              235    +     199    +     223            0
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              59    +       4    +       2           64
 Float                                                       -1,800    -   1,509    -   2,033         -575
 Other Federal Reserve assets                                39,298    +   4,258    -   1,320       39,559
Gold stock                                                   11,043    -       1    +       2       11,043
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,665    +      14    +     120       36,665
       
Total factors supplying reserve funds                       870,387    +   6,389    +  37,197      866,758
                                                                   
Currency in circulation(5)                                  788,441    +   1,209    +  33,931      790,241
Reverse repurchase agreements (6)                            25,181    +   2,288    +   2,066       23,523
   Foreign official and international accounts               25,181    +   2,288    +   2,066       23,523
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          208    +       4    -      75          198
Deposits with F.R.Banks, other than reserve balances         13,309    -     375    -   1,939       12,828       
  U.S. Treasury, general account                              5,228    -     172    -      68        4,663
  Foreign official                                               85            0    -      26           84
  Service-related                                             7,729    -     252    -   1,785        7,729
     Required clearing balances                               7,729    -     252    -   1,785        7,729
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         267    +      48    -      59          352
Other liabilities and capital                                32,939    +      44    +   5,077       32,796

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  860,077    +   3,168    +  39,059      859,587

Reserve balances with Federal Reserve Banks                  10,310    +   3,220    -   1,862        7,171
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,593,876    +   1,687    + 203,857    1,587,572
     U.S. Treasury                                        1,127,591    +      51    +  45,775    1,121,040
     Federal agency                                         466,284    +   1,635    + 158,081      466,532
  Securities lent to dealers                                  2,159    +   1,234    -     820        1,499   


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 5, 2006     Mar 29, 2006      Apr 6, 2005

Assets
Gold certificate account                                        11,039        -       1        +       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               797        +       8        +      77
Securities, repurchase agreements, and loans                   777,865        -     415        +  40,448
   Securities held outright                                    758,551        +      22        +  41,200
      U.S. Treasury (1)                                        758,551        +      22        +  41,200       
         Bills (2)                                             275,370                0        +  12,365
         Notes and bonds, nominal (2)                          457,177                0        +  24,292
         Notes and bonds, inflation-indexed (2)                 22,646                0        +   3,538
         Inflation compensation (3)                              3,358        +      22        +   1,006
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    19,250        -     250        -     750    
   Loans                                                            64        -     187        -       1
Items in process of collection                    (1,390)        6,313        +   1,054        -   1,036
Bank premises                                                    1,832        +       8        +      30
Other assets (5)                                                37,722        +     251        -     924
      Total assets                                (1,390)      837,768        +     906        +  38,598
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  754,567        +   1,440        +  34,243
Reverse repurchase agreements (6)                               23,523        +   1,104        +     537
Deposits                                              (0)       20,022        -   2,859        -     681       
  Depository institutions                                       14,923        -   3,036        -     868
  U.S. Treasury, general account                                 4,663        +      44        +     133
  Foreign official                                                  84                0        +       2
  Other                                               (0)          352        +     133        +      52
Deferred availability cash items                  (1,390)        6,859        +     906        -     560
Other liabilities and accrued dividends (7)                      4,613        -      34        +   1,382
      Total liabilities                           (1,390)      809,585        +     558        +  34,921
                          
Capital Accounts
Capital paid in                                                 13,766        +      18        +   1,181
Surplus                                                         12,901                0        +   1,736
Other capital accounts                                           1,515        +     329        +     758
      Total capital                                             28,183        +     348        +   3,676


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 5, 2006
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              12       47,230   -   6,815            0           0       19,250       23,523
16 days to 90 days          52      174,254   +   6,685            0           0            0            0
91 days to 1 year            0      185,878   -     201            0           0     ------      ------
Over 1 to 5 years     ------        215,819   +     340            0           0     ------      ------
Over 5 to 10 years    ------         55,378   +       3            0           0     ------      ------
Over 10 years         ------         79,992   +      10            0           0     ------      ------
                   		 	
All                         64      758,551   +      22            0           0       19,250      23,523

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 5, 2006
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                      11,039        510      4,357        432        453        836        945        928        327        212        318        549      1,172
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             797         38         70         51         62         74         82         99         42         36         64         69        111
Securities, repurchase agreements,
      and loans                              777,865     38,820    320,042     26,909     32,045     57,890     58,686     68,349     23,539     15,854     21,458     37,362     76,912
   Securities held outright                  758,551     38,810    300,792     26,909     32,045     57,890     58,686     68,311     23,539     15,843     21,455     37,360     76,912
      U.S. Treasury (1)                      758,551     38,810    300,792     26,909     32,045     57,890     58,686     68,311     23,539     15,843     21,455     37,360     76,912
         Bills (2)                           275,370     14,089    109,194      9,769     11,633     21,015     21,304     24,798      8,545      5,751      7,789     13,562     27,921
         Notes and bonds(3)                  483,181     24,721    191,598     17,141     20,412     36,875     37,381     43,513     14,994     10,092     13,666     23,797     48,992
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                19,250          0     19,250          0          0          0          0          0          0          0          0          0          0
      Loans                                       64         10          0          0          0          0          0         38          0         11          3          2          0
Items in process of collection                 7,703        626        427        398        600        617      1,101        302        292        316        595        598      1,833
Bank premises                                  1,832        113        205         55        157        153        231        210         69        118         95        259        166
Other assets(5)                               37,722      1,249     14,051      1,664      2,196      6,648      2,589      2,659        729        692        693      1,004      3,547
Interdistrict settlement account                   0    - 4,315    -24,050    + 6,792    +    71    + 6,709    + 8,546    - 3,468    +   515    -   358    + 2,317    - 4,304    +11,543
          Total Assets                       839,157     37,156    315,976     36,384     35,688     73,073     72,345     69,291     25,584     16,900     25,607     35,634     95,519

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 5, 2006
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             912,369     38,695    330,520     39,280     36,829     73,112     87,066     76,206     27,717     17,600     27,384     49,351    108,611
  Less: notes held by F.R. Banks              157,802      4,765     43,942      6,843      5,557     12,568     21,801     12,932      4,032      2,552      4,144     17,140     21,526
    Federal Reserve notes, net                754,567     33,931    286,578     32,437     31,272     60,543     65,265     63,274     23,685     15,047     23,240     32,211     87,085
Reverse repurchase agreements (1)              23,523      1,203      9,328        834        994      1,795      1,820      2,118        730        491        665      1,159      2,385
Deposits                                       20,022        569      9,799        535        614      1,734      1,724      1,241        506        330        626        762      1,583
  Depository institutions                      14,923        568      4,915        532        611      1,542      1,721      1,238        505        329        625        760      1,579
  U.S. Treasury, general account                4,663          0      4,663          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 84          1         55          2          3         11          3          3          0          1          1          0          4
  Other                                           352          0        165          0          0        181          0          1          1          0          1          2          0
Deferred availability cash items                8,249        534        974        851        534        722      1,000        404        187        409        561        821      1,253
Other liabilities and accrued                 
  dividends (2)                                 4,613        242      1,620        188        225        456        375        413        166        121        147        230        430
   
    Total liabilities                         810,975     36,478    308,298     34,846     33,638     65,250     70,183     67,450     25,275     16,399     25,240     35,182     92,736
                              
Capital                    
Capital paid in                                13,766        324      3,670        758      1,000      3,946      1,051        891        147        243        173        211      1,353
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   1,515         37        323         37         36        570        219         73         18         13         20         88         81
     Total liabilities and capital            839,157     37,156    315,976     36,384     35,688     73,073     72,345     69,291     25,584     16,900     25,607     35,634     95,519
                              

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 5, 2006
              
Federal Reserve notes outstanding             912,369
   Less: Notes held by F.R. Banks
         not subject to collateralization     157,802
      Federal Reserve Notes to be
         collateralized                       754,567 
Collateral held against Federal Reserve            
   notes                                      754,567
   Gold certificate account                    11,039
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              741,328
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         777,801
   Less:face value of securities under
         reverse repurchase agreements         23,554
      U.S. Treasury and agency securities
             eligible to be pledged           754,246
   

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.