Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 852,122 + 997 + 38,019 855,715

Securities held outright 780,882 + 25 + 22,369 780,890

U.S. Treasury1 780,882 + 25 + 22,369 780,890

Bills2 277,019 0 + 1,649 277,019

Notes and bonds, nominal2 468,553 0 + 11,376 468,553

Notes and bonds, inflation-indexed2 31,776 0 + 9,130 31,776

Inflation compensation3 3,534 + 25 + 214 3,543

Federal agency2 0 0 0 0

Repurchase agreements4 32,179 + 429 + 11,429 36,000

Loans to depository institutions 80 + 40 - 11 28

Primary credit 52 + 42 + 16 0

Secondary credit 0 0 0 0

Seasonal credit 28 - 2 - 27 28

Float -553 + 50 - 262 -989

Other Federal Reserve assets 39,534 + 453 + 4,494 39,785

Gold stock 11,041 0 - 3 11,041

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

Treasury currency outstanding5 38,366 + 14 + 500 38,366

Total factors supplying reserve funds 903,729 + 1,012 + 38,516 907,321

Currency in circulation5 805,493 - 805 + 17,047 807,386

Reverse repurchase agreements6 37,444 - 1,793 + 14,551 37,643

Foreign official and international accounts 37,444 - 1,793 + 14,551 37,643

Dealers 0 0 0 0

Treasury cash holdings 274 + 37 + 70 301

Deposits with F.R. Banks, other than reserve balances 12,365 - 404 - 1,320 12,135

U.S. Treasury, general account 4,990 - 418 - 410 4,772

Foreign official 99 + 9 + 14 91

Service-related 7,040 - 1 - 941 7,040

Required clearing balances 7,040 - 1 - 941 7,040

Adjustments to compensate for float 0 0 0 0

Other 236 + 7 + 17 231

Other liabilities and capital 38,759 - 25 + 5,864 38,468

Total factors, other than reserve balances,

absorbing reserve funds 894,336 - 2,988 + 36,212 895,933

Reserve balances with Federal Reserve Banks 9,393 + 3,999 + 2,304 11,388

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,879,744 + 3,889 + 287,555 1,884,794

U.S. Treasury 1,210,818 - 6,610 + 83,278 1,213,661

Federal agency 668,926 + 10,499 + 204,277 671,133

Securities lent to dealers 581 - 1,066 - 344 1,994

FEDERAL RESERVE statistical release

 March 29, 2007

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 28, 2007 Week ended

 Mar 28, 2007 Mar 21, 2007 Mar 29, 2006
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 - 3

Special drawing rights certificate account 2,200 0 0

Coin 921 - 10 + 132

Securities, repurchase agreements, and loans 816,919 + 6,273 + 38,639

Securities held outright 780,890 + 24 + 22,361

U.S. Treasury1 780,890 + 24 + 22,361

Bills2 277,019 0 + 1,649

Notes and bonds, nominal2 468,553 0 + 11,376

Notes and bonds, inflation-indexed2 31,776 0 + 9,130

Inflation compensation3 3,543 + 25 + 207

Federal agency2 0 0 0

Repurchase agreements4 36,000 + 6,250 + 16,500

Loans 28 - 1 - 223

Items in process of collection (853) 2,819 - 86 - 2,440

Bank premises 1,975 + 1 + 151

Other assets5 37,811 + 551 + 340

Total assets (853) 873,681 + 6,729 + 36,819

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 770,238 + 186 + 17,111

Reverse repurchase agreements6 37,643 - 854 + 15,224

Deposits (0) 23,524 + 7,203 + 643

Depository institutions 18,429 + 7,139 + 470

U.S. Treasury, general account 4,772 + 51 + 153

Foreign official 91 + 1 + 7

Other (0) 231 + 11 + 12

Deferred availability cash items (853) 3,808 - 5 - 2,145

Other liabilities and accrued dividends7 5,852 + 41 + 1,205

Total liabilities (853) 841,066 + 6,572 + 32,039

Capital accounts

Capital paid in 15,841 - 16 + 2,093

Surplus 15,361 + 22 + 2,460

Other capital accounts 1,414 + 152 + 228

Total capital 32,615 + 157 + 4,780

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Mar 29, 2006

Eliminations from

consolidation Wednesday

 Mar 28, 2007

Wednesday

 Mar 21, 2007

3. Maturity Distribution of Loans and Securities, March 28, 2007

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 28 57,927 - 835 0 0 36,000 37,643

16 days to 90 days 0 174,578 + 727 0 0 0 0

91 days to 1 year 0 174,718 + 110 0 0 . . . . . . 

Over 1 year to 5 years . . . 224,582 + 6 0 0 . . . . . . 

Over 5 years to 10 years . . . 66,552 + 6 0 0 . . . . . . 

Over 10 years . . . 82,534 + 10 0 0 . . . . . . 

All 28 780,890 + 24 0 0 36,000 37,643

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on March 28, 2007Millions 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 2,200 921 816,919 780,890 780,890 277,019 503,872 0 36,000 28 3,672 1,975 37,811 0 874,534

Assets, liabilities, and capital

 4,139 874 60 302,354 289,029 289,029 102,532 186,497 0 13,325 0 58 211 11,879 - 8,020 311,555

 486 115 37 38,987 37,263 37,263 13,219 24,044 0 1,718 7 129 117 1,292 - 2,813 38,351

 463 83 64 35,466 33,903 33,903 12,027 21,876 0 1,563 0 482 57 3,164 - 1,832 37,948

 446 104 98 35,273 33,719 33,719 11,962 21,757 0 1,554 0 217 157 2,208 - 4,968 33,535

 853 147 86 67,859 64,869 64,869 23,012 41,857 0 2,991 0 370 170 6,999 + 985 77,470

 1,023 166 92 68,387 65,374 65,374 23,191 42,183 0 3,014 0 637 231 3,094 +14,105 87,736

 947 212 107 75,020 71,701 71,701 25,436 46,265 0 3,306 13 196 207 2,584 - 5,150 74,123

 328 71 39 25,954 24,810 24,810 8,801 16,009 0 1,144 0 143 82 749 + 587 27,954

 2   16,6 15,8 15,8 5,6 10,2  7  1 1 7 - 6 17,1
 964,904

 194,666 770,238 770,238 11,037 2,200 757,001 0 816,890 37,712 779,179

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.

 964,904 194,666 770,238 37,643 23,524 18,429 4,772 91 231 4,661 5,852 841,919 15,841 15,361 1,414 874,534

 38,665 4,524 34,141 1,796 1,035 1,033 0 1 1 283 268 37,523 396 396 36 38,351

 340,137 64,512 275,625 13,933 11,267 6,269 4,772 61 164 121 1,875 302,820 4,220 3,760 754 311,555

 38,067 6,708 31,359 1,634 435 430 0 5 1 578 280 34,287 1,811 1,810 41 37,948

 36,006 7,978 28,027 1,625 993 989 0 3 1 418 285 31,348 1,060 1,087 41 33,535

 75,063 13,224 61,839 3,127 3,137 3,075 0 11 51 529 702 69,334 3,972 4,094 70 77,470

 107,643 28,174 79,469 3,151 1,359 1,356 0 3 0 534 522 85,035 1,313 1,276 111 87,736

 81,647 14,809 66,838 3,456 1,222 1,220 0 2 0 293 518 72,327 863 859 74 74,123

 29,333 3,575 25,758 1,196 302 289 0 0 13 129 214 27,599 168 166 20 27,954

 17,3 2,4 14,8 7 4 4    2 1 16,5 3 2  17,1

H.4.14. Statement of Condition of Each Federal Reserve Bank on March 28, 2007 (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 28, 2007

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.