Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 1,900,189 - 7,111 +1,033,788 1,899,386

Securities held outright 579,083 + 8,664 - 134,275 581,726

U.S. Treasury securities1 474,684 - 106 - 238,674 474,643

Bills2 18,423 0 - 181,937 18,423

Notes and bonds, nominal2 412,914 0 - 57,096 412,914

Notes and bonds, inflation-indexed2 39,378 0 + 941 39,378

Inflation compensation3 3,971 - 106 - 580 3,929

Federal agency debt securities2 35,869 + 3,311 + 35,869 38,338

Mortgage-backed securities4 68,529 + 5,458 + 68,529 68,745

Repurchase agreements5 0 0 - 42,857 0

Term auction credit 447,563 0 + 387,563 447,563

Other loans 139,464 - 3,766 + 139,291 138,899

Primary credit 64,408 - 1,584 + 64,239 65,590

Secondary credit 7 + 3 + 7 0

Seasonal credit 2 - 1 - 3 3

Primary dealer and other broker-dealer credit6 25,618 - 383 + 25,618 25,163

Asset-backed Commercial Paper Money

Market Mutual Fund Liquidity Facility 11,382 - 2,493 + 11,382 9,980

Credit extended to American International

Group, Inc.7 38,046 + 691 + 38,046 38,163

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 246,233 - 4,125 + 246,233 242,503

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility9 0 0 0 0

Net portfolio holdings of Maiden Lane LLC10 25,924 + 41 + 25,924 25,969

Net portfolio holdings of Maiden Lane II LLC11 18,641 + 10 + 18,641 18,647

Net portfolio holdings of Maiden Lane III LLC12 27,677 + 38 + 27,677 27,695

Float -2,380 - 477 - 1,275 -2,151

Central bank liquidity swaps13 374,590 - 5,097 + 364,590 374,947

Other Federal Reserve assets14 43,395 - 2,398 + 2,278 43,588

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 38,786 + 14 + 106 38,786

Total factors supplying reserve funds 1,952,216 - 7,098 +1,033,895 1,951,413

FEDERAL RESERVE statistical release

 February 26, 2009

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. Footnotes appear on the following page.

Change from week ended Wednesday

 Feb 25, 2009 Week ended

 Feb 25, 2009 Feb 18, 2009 Feb 27, 2008
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Currency in circulation15 893,696 - 535 + 78,332 895,390

Reverse repurchase agreements16 67,843 - 5,150 + 28,310 67,713

Foreign official and international accounts 67,843 - 5,150 + 28,310 67,713

Dealers 0 0 0 0

Treasury cash holdings 278 + 8 + 17 282

Deposits with F.R. Banks, other than reserve balances 247,206 - 5,398 + 235,336 240,361

U.S. Treasury, general account 35,583 + 4,501 + 30,843 25,109

U.S. Treasury, supplementary financing account 199,950 0 + 199,950 199,950

Foreign official 2,682 + 237 + 2,584 2,233

Service-related 4,476 + 2 - 2,274 4,476

Required clearing balances 4,476 + 2 - 2,274 4,476

Adjustments to compensate for float 0 0 0 0

Other 4,516 - 10,137 + 4,233 8,593

Other liabilities and capital17 50,884 + 653 + 7,220 50,993

Total factors, other than reserve balances,

absorbing reserve funds 1,259,906 - 10,423 + 349,214 1,254,739

Reserve balances with Federal Reserve Banks 692,310 + 3,326 + 684,680 696,674

H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions, continued

Millions of dollars

Averages of daily figures

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of

the underlying mortgages.

5. Cash value of agreements.

6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers.

7. Excludes credit extended to consolidated LLCs.

8. Refer to table 6 and the note on consolidation accompanying table 9.

9. Refer to table 7 and the note on consolidation accompanying table 9.

10. Refer to table 3 and the note on consolidation accompanying table 9.

11. Refer to table 4 and the note on consolidation accompanying table 9.

12. Refer to table 5 and the note on consolidation accompanying table 9.

13. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned

to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the

foreign central bank.

14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.

15. Estimated.

16. Cash value of agreements, which are collateralized by U.S. Treasury securities.

17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility,

Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including

liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 3 through table 7 and the note on consolidation

accompanying table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

Change from week ended Wednesday

 Feb 25, 2009 Week ended

 Feb 25, 2009 Feb 18, 2009 Feb 27, 2008
Marketable securities held in custody for foreign

 official and international accounts1 2,580,726 + 4,617 + 439,270 2,579,949

U.S. Treasury securities 1,766,673 + 4,332 + 496,390 1,767,166

Federal agency securities2 814,053 + 285 - 57,120 812,783

Securities lent to dealers 117,841 - 3,572 + 103,382 115,930

Overnight facility3 6,285 + 152 - 8,174 4,660

Term facility4 111,556 - 3,724 + 111,556 111,270

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Week ended

 Feb 25, 2009

Change from week ended Wednesday

 Feb 25, 2009

 Feb 18, 2009 Feb 27, 2008

Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed securities at face value.

2. Includes debt and mortgage-backed securities.

3. Fully collateralized by U.S. Treasury securities.

4. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.

Memorandum item

H.4.1

91 days to

1 year

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, February 25, 2009

Millions of dollars

Within 15 days Over 1 year

to 5 years

16 days to

 90 days

All

Note: Components may not sum to totals because of rounding.

 . . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the LLCs funded through

the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC. The loans were eliminated when

preparing the FRBNY's statement of condition consistent with consolidation under generally accepted accounting principles.

2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the

original face value of such securities.

3. Face value.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.

6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.

7. Cash value of agreements.

8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

Remaining maturity Over 5 years

to 10 years

Over 10

years

Term auction credit

Other loans1

U.S. Treasury securities2

Holdings

Weekly changes

Federal agency debt securities3

Holdings

Weekly changes

Mortgage-backed securities4

Holdings

Weekly changes

Commercial paper held by

Commercial Paper Funding

Facility LLC5

Money market instruments held by

LLCs funded through the

Money Market Investor

Funding Facility6

Repurchase agreements7

Central bank liquidity swaps8

Reverse repurchase agreements7

 208,558

 90,166

 19,676

+ 2,156

 449

- 291

 0

 0

 19,664

 0

 0

 246,532

 67,713

...

 303

 61,313

- 4

 2,567

 0

 0

 0

 0

 0

...

 0

...

...

 38,163

 167,973

- 35

 26,690

+ 4,190

 0

 0

...

...

...

 0

...

 239,005

 10,267

 26,823

- 2,156

 1,199

- 349

 0

 0

 221,920

 0

 0

 128,416

 0

...

...

 99,416

- 26

 7,433

+ 1,211

 0

 0

...

...

...

 0

...

...

...

 99,442

- 47

 0

 0

 68,745

+ 3,453

...

...

...

 0

...

 447,563

 138,899

 474,643

- 113

 38,338

+ 4,761

 68,745

+ 3,453

 241,584

 0

 0

 374,947

 67,713
Wednesday

 Feb 25, 2009

3. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Net portfolio holdings of Maiden Lane LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3

 25,969

 28,820

 290

 1,197

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 2008. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3)

of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets

through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from

the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest

due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the

FRBNY.

Account name

H.4.1

Wednesday

 Feb 25, 2009

4. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Net portfolio holdings of Maiden Lane II LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3

 18,647

 18,825

 70

 1,008

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 2008. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American

International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are

included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 8 and table 9.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the

U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II

LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to

the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the

FRBNY and AIG subsidiaries.

Account name
Wednesday

 Feb 25, 2009

7. Information on Principal Accounts of LLCs Funded through the Money Market Investor

 Funding Facility

Millions of dollars

Money market instrument holdings, net1

Other investments, net

Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility

Memorandum: Money market instrument holdings, face value

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, net of related discounts

 0

 0

 0

 0

 0

 0

 0

1. Book value, which includes amortized cost.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

Note: The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the authority of section 13(3) of the

Federal Reserve Act to a series of limited liability companies funded through the Money Market Investor Funding Facility (MMIFF). The MMIFF

became operational on November 24, 2008. These limited liability companies were established to purchase short-term U.S. dollar-denominated

certificates of deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers. Such purchases are designed to foster

liquidity in short-term money markets.

Account name

H.4.1

Wednesday

 Feb 25, 2009

6. Information on Principal Accounts of Commercial Paper Funding Facility LLC

Millions of dollars

Commercial paper holdings, net1

Other investments, net

Net portfolio holdings of Commercial Paper Funding Facility LLC

Memorandum: Commercial paper holdings, face value

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

 240,110

 2,394

 242,503

 241,584

 240,271

 93

1. Book value, which includes amortized cost and related fees.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal

Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S. dollardenominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit

for businesses and households.

Account name

Wednesday

 Feb 25, 2009

5. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Net portfolio holdings of Maiden Lane III LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3

 27,695

 24,339

 99

 5,049

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of December 31, 2008. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 8 and table 9.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations

(CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In

connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane

III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due

to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and

AIG.

Account name
Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 1,855 - 31 + 503

Securities, repurchase agreements, term auction

credit, and other loans 1,168,188 + 6,507 + 339,646

Securities held outright 581,726 + 8,101 - 131,629

U.S. Treasury securities1 474,643 - 113 - 238,712

Bills2 18,423 0 - 181,937

Notes and bonds, nominal2 412,914 0 - 57,096

Notes and bonds, inflation-indexed2 39,378 0 + 941

Inflation compensation3 3,929 - 113 - 620

Federal agency debt securities2 38,338 + 4,761 + 38,338

Mortgage-backed securities4 68,745 + 3,453 + 68,745

Repurchase agreements5 0 0 - 54,500

Term auction credit 447,563 0 + 387,563

Other loans 138,899 - 1,594 + 138,212

Net portfolio holdings of Commercial Paper Funding

Facility LLC6 242,503 - 6,168 + 242,503

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility7 0 0 0

Net portfolio holdings of Maiden Lane LLC8 25,969 + 52 + 25,969

Net portfolio holdings of Maiden Lane II LLC9 18,647 + 7 + 18,647

Net portfolio holdings of Maiden Lane III LLC10 27,695 + 21 + 27,695

Items in process of collection (346) 959 - 519 - 606

Bank premises 2,187 0 + 49

Central bank liquidity swaps11 374,947 - 58 + 364,947

Other assets12 41,394 + 734 + 1,871

Total assets (346) 1,917,581 + 545 +1,021,225

H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Feb 27, 2008

Eliminations from

consolidation Wednesday

 Feb 25, 2009

Wednesday

 Feb 18, 2009

Assets, liabilities, and capital

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
Liabilities

Federal Reserve notes, net of F.R. Bank holdings 858,738 + 250 + 79,286

Reverse repurchase agreements13 67,713 - 3,091 + 25,065

Deposits (0) 937,028 + 4,341 + 909,433

Depository institutions 701,143 - 7,987 + 679,020

U.S. Treasury, general account 25,109 + 4,608 + 20,006

U.S. Treasury, supplementary financing account 199,950 0 + 199,950

Foreign official 2,233 - 544 + 2,134

Other (0) 8,593 + 8,264 + 8,323

Deferred availability cash items (346) 3,110 - 1,573 + 336

Other liabilities and accrued dividends14 8,798 + 118 + 4,325

Total liabilities (346) 1,875,387 + 44 +1,018,445

Capital accounts

Capital paid in 22,190 + 88 + 2,795

Surplus 19,832 + 326 + 1,375

Other capital accounts 172 + 86 - 1,390

Total capital 42,194 + 500 + 2,780

H.4.1

8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Change since

Wednesday

 Feb 27, 2008

Eliminations from

consolidation Wednesday

 Feb 25, 2009

Wednesday

 Feb 18, 2009

Assets, liabilities, and capital

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

6. Refer to table 6 and the note on consolidation accompanying table 9.

7. Refer to table 7 and the note on consolidation accompanying table 9.

8. Refer to table 3 and the note on consolidation accompanying table 9.

9. Refer to table 4 and the note on consolidation accompanying table 9.

10. Refer to table 5 and the note on consolidation accompanying table 9.

11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.

13. Cash value of agreements, which are collateralized by U.S. Treasury securities.

14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden

Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that

have recourse only to the portfolio holdings of these LLCs. Refer to table 3 through table 7 and the note on consolidation accompanying table 9.
    17, 10, 8,  8,  1,  5,         5,  - 4, 19,

 344 71 46 25,175 20,102 16,402 637 15,765 1,325 2,376 0 4,759 314 0 0 0 0 0 119 133 3,632 850 + 3,623 33,993

 913 212 215 59,290 51,343 41,892 1,626 40,266 3,384 6,067 0 5,999 1,948 0 0 0 0 0 65 207 12,185 2,260 + 24,937 100,285

 1,221 166 230 73,671 57,881 47,226 1,833 45,393 3,815 6,840 0 15,539 252 0 0 0 0 0 314 224 27,916 3,525 + 28,961 136,228

 891 147 256 117,498 52,750 43,040 1,671 41,369 3,476 6,234 0 64,159 589 0 0 0 0 0 43 230 103,583 8,370 - 39,041 191,978

 423 104 155 32,614 22,059 17,998 699 17,300 1,454 2,607 0 10,546 9 0 0 0 0 0 138 147 26,884 2,412 + 11,063 73,940

 424 115 62 54,979 24,400 19,908 773 19,136 1,608 2,883 0 20,317 10,263 0 0 0 0 0 59 123 14,624 1,726 + 406 72,518

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements, term

auction credit, and other loans

Securities held outright

U.S. Treasury securities1

Bills2Notes and bonds3

Federal agency debt securities2Mortgage-backed securities4

Repurchase agreements5Term auction creditOther loans

Net portfolio holdings of Commercial

Paper Funding Facility LLC6

Net portfolio holdings of LLCs funded

through the Money Market InvestorFunding Facility7

Net portfolio holdings of Maiden

Lane LLC8

Net portfolio holdings of Maiden

Lane II LLC9

Net portfolio holdings of Maiden

Lane III LLC10

Items in process of collectionBank premisesCentral bank liquidity swaps11

Other assets12Interdistrict settlement account

Total assets

 11,037 2,200 1,855 1,168,188 581,726 474,643 18,423 456,220 38,338 68,745 0 447,563 138,899 242,503 0 25,969 18,647 27,695 1,305 2,187 374,947 41,394 0 1,917,927

 453 83 156 65,859 25,399 20,724 804 19,919 1,674 3,002 0 40,315 145 0 0 0 0 0 221 65 40,100 3,365 - 54,881 55,420

 3,935 874 83 549,852 206,975 168,875 6,555 162,320 13,640 24,459 0 220,759 122,118 242,503 0 25,969 18,647 27,695 0 211 107,015 12,734 - 31,833 957,685

H.4.19. Statement of Condition of Each Federal Reserve Bank, February 25, 2009Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

Assets, liabilities, and capital
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 agreements13

Deposits

Depository institutionsU.S. Treasury, general accountU.S. Treasury, supplementary financing accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends14

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.H.4.19. Statement of Condition of Each Federal Reserve Bank, February 25, 2009 (continued)Millions of dollars

Assets, liabilities, and capital

 37,619 5,735 31,884 2,840 35,754 35,746 0 0 2 6 101 158 70,738 903 844 32 72,518

 1,035,690 176,952 858,738 67,713 937,028 701,143 25,109 199,950 2,233 8,593 3,456 8,798 1,875,733 22,190 19,832 172 1,917,927

 362,545 48,589 313,956 24,092 602,314 366,577 25,109 199,950 2,204 8,474 0 6,310 946,673 6,282 4,731 0 957,685

 40,792 5,428 35,364 2,956 11,685 11,680 0 0 4 1 658 183 50,846 2,320 2,254 0 55,420

 45,909 7,332 38,576 2,568 29,024 29,018 0 0 3 3 493 184 70,844 1,594 1,502 0 73,940

 79,932 12,347 67,586 6,140 105,907 105,801 0 0 11 94 201 441 180,275 5,979 5,724 0 191,978

 134,304 29,325 104,979 6,737 20,578 20,575 0 0 3 0 310 358 132,962 1,644 1,612 10 136,228

 84,600 13,753 70,847 5,976 21,355 21,353 0 0 1 0 330 295 98,803 730 704 48 100,285

 28,987 3,517 25,471 2,340 5,555 5,544 0 0 0 11 33 154 33,553 216 210 15 33,993

 18,0 3,0 14,9 1,2 2,2 2,2     3 1 18,9 4 3  19,7
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

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 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlyin5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Refer to table 6 and the note on consolidation below.7. Refer to table 7 and the note on consolidation below.8. Refer to table 3 and the note on consolidation below.9. Refer to table 4 and the note on consolidation below.10. Refer to table 5 and the note on consolidation below.11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the fore

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.13. Cash value of agreements, which are collateralized by U.S. Treasury securities.14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, M

LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refnote on consolidation below.

H.4.1

Note on consolidation:The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federawas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Commwas formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authseries of LLCs funded through the Money Market Investor Funding Facility. These LLCs, which became operational on November 24, 2008, were established denominated certificates of deposit, bank notes, and commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane IImulti-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap cowas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment pInternational Group, Inc.The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally aassets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this tab

9. Statement of Condition of Each Federal Reserve Bank, February 25, 2009 (continued)
H.4.1

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, agency debt, and mortgage-backed securities pledged1

Other assets pledged

Memo:Total U.S. Treasury, agency debt, and mortgage-backed securities1

Less: Face value of securities under reverse repurchase agreements

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged

10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' AccountsMillions of dollars

Federal Reserve notes and collateral Wednesday

 Feb 25, 2009

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.

 1,035,690 176,952 858,738 858,738 11,037 2,200 519,601 325,900 581,726 62,125 519,601