Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 834,832 - 405 + 25,961 841,179

Securities held outright 770,352 + 381 + 28,277 770,050

U.S. Treasury1 770,352 + 381 + 28,277 770,050

Bills2 277,019 0 + 6,001 277,019

Notes and bonds, nominal2 459,017 - 48 + 11,111 458,730

Notes and bonds, inflation-indexed2 30,105 + 424 + 10,122 30,105

Inflation compensation3 4,211 + 5 + 1,043 4,197

Federal agency2 0 0 0 0

Repurchase agreements4 25,786 + 2,250 + 179 35,250

Loans to depository institutions 122 - 47 - 30 118

Primary credit 3 - 42 - 43 1

Secondary credit 0 0 0 0

Seasonal credit 118 - 6 + 12 117

Float -466 - 1,097 - 2,161 -482

Other Federal Reserve assets 39,039 - 1,892 - 304 36,243

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding5 38,168 + 14 + 1,684 38,168

Total factors supplying reserve funds 886,241 - 392 + 27,645 892,588

Currency in circulation5 799,936 + 2,584 + 23,693 802,118

Reverse repurchase agreements6 32,475 + 310 + 6,918 32,764

Foreign official and international accounts 32,475 + 310 + 6,918 32,764

Dealers 0 0 0 0

Treasury cash holdings 182 - 8 - 37 177

Deposits with F.R. Banks, other than reserve balances 12,186 - 151 - 1,527 12,033

U.S. Treasury, general account 4,960 - 74 + 438 4,820

Foreign official 91 - 9 + 3 92

Service-related 6,827 - 104 - 2,014 6,827

Required clearing balances 6,807 - 124 - 2,018 6,807

Adjustments to compensate for float 20 + 20 + 4 20

Other 308 + 36 + 46 294

Other liabilities and capital 34,737 - 1,900 + 2,996 34,616

Total factors, other than reserve balances,

absorbing reserve funds 879,516 + 835 + 32,043 881,707

Reserve balances with Federal Reserve Banks 6,725 - 1,227 - 4,398 10,882

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,703,724 + 7,660 + 215,665 1,705,897

U.S. Treasury 1,149,584 + 4,950 + 58,739 1,149,474

Federal agency 554,140 + 2,710 + 156,926 556,423

Securities lent to dealers 614 - 1,036 - 2,375 2,454

FEDERAL RESERVE statistical release

 November 16, 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

 Nov 15, 2006 Week ended

 Nov 15, 2006 Nov 8, 2006 Nov 16, 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 + 1

Special drawing rights certificate account 2,200 0 0

Coin 833 - 14 + 105

Securities, repurchase agreements, and loans 805,418 + 3,175 + 42,433

Securities held outright 770,050 - 375 + 27,172

U.S. Treasury1 770,050 - 375 + 27,172

Bills2 277,019 0 + 6,001

Notes and bonds, nominal2 458,730 - 335 + 10,042

Notes and bonds, inflation-indexed2 30,105 0 + 10,122

Inflation compensation3 4,197 - 39 + 1,009

Federal agency2 0 0 0

Repurchase agreements4 35,250 + 3,750 + 15,250

Loans 118 - 200 + 11

Items in process of collection (1,010) 3,876 - 1,288 - 8,093

Bank premises 1,909 + 5 + 68

Other assets5 34,289 - 4,955 - 837

Total assets (1,010) 859,562 - 3,077 + 33,677

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 764,955 + 1,772 + 23,664

Reverse repurchase agreements6 32,764 + 1,277 + 7,446

Deposits (0) 22,869 - 4,437 + 3,151

Depository institutions 17,664 - 4,588 + 2,703

U.S. Treasury, general account 4,820 + 196 + 404

Foreign official 92 - 63 + 11

Other (0) 294 + 19 + 33

Deferred availability cash items (1,010) 4,358 - 92 - 3,650

Other liabilities and accrued dividends7 5,937 + 327 + 1,788

Total liabilities (1,010) 830,884 - 1,152 + 32,400

Capital accounts

Capital paid in 15,289 - 7 + 1,831

Surplus 10,554 - 2,347 - 1,076

Other capital accounts 2,835 + 429 + 521

Total capital 28,678 - 1,925 + 1,276

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Nov 16, 2005

Eliminations from

consolidation Wednesday

 Nov 15, 2006

Wednesday

 Nov 8, 2006

3. Maturity Distribution of Loans and Securities, November 15, 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 32 57,985 + 15,091 0 0 35,250 32,764

16 days to 90 days 86 155,219 - 22,976 0 0 0 0

91 days to 1 year 0 193,265 + 6,091 0 0 . . . . . . 

Over 1 year to 5 years . . . 217,679 - 851 0 0 . . . . . . 

Over 5 years to 10 years . . . 62,048 - 9 0 0 . . . . . . 

Over 10 years . . . 83,853 + 2,278 0 0 . . . . . . 

All 118 770,050 - 375 0 0 35,250 32,764

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on November 15, 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 2,200 833 805,418 770,050 770,050 277,019 493,032 0 35,250 118 4,885 1,909 34,289 0 860,571

Assets, liabilities, and capital

 4,139 874 44 320,267 285,017 285,017 102,532 182,484 0 35,250 0 168 207 11,095 -15,629 321,166

 486 115 25 36,748 36,746 36,746 13,219 23,527 0 0 2 156 115 1,122 - 487 38,279

 463 83 60 33,432 33,432 33,432 12,027 21,405 0 0 0 676 58 1,731 + 1,039 37,542

 446 104 74 33,251 33,251 33,251 11,962 21,289 0 0 0 357 157 2,181 - 1,480 35,090

 853 147 81 63,968 63,968 63,968 23,012 40,956 0 0 0 356 164 6,754 + 7,030 79,353

 1,023 166 103 64,474 64,466 64,466 23,191 41,275 0 0 8 564 231 2,501 + 8,416 77,478

 947 212 98 70,757 70,706 70,706 25,436 45,270 0 0 51 185 209 2,534 - 5,335 69,607

 328 71 39 24,466 24,466 24,466 8,801 15,664 0 0 1 171 75 696 + 20 25,867

 2   15,6 15,6 15,6 5,6 10,0    2 1 6 + 1 17,1
 945,589

 180,634 764,955 764,955 11,037 2,200 751,719 0 805,300 32,821 772,480

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.

 945,589 180,634 764,955 32,764 22,869 17,664 4,820 92 294 5,367 5,937 831,893 15,289 10,554 2,835 860,571

 38,439 3,854 34,584 1,563 754 743 0 1 10 298 279 37,478 390 309 102 38,279

 344,971 53,853 291,118 12,127 9,946 4,898 4,820 64 165 184 1,940 315,314 3,727 1,604 520 321,166

 39,084 7,756 31,328 1,422 465 463 0 2 0 880 297 34,392 1,811 723 615 37,542

 36,779 7,028 29,751 1,415 925 887 0 3 35 505 294 32,889 1,086 996 119 35,090

 75,242 12,261 62,981 2,722 4,286 4,177 0 11 98 544 642 71,174 4,084 3,238 857 79,353

 95,481 25,631 69,850 2,743 1,399 1,396 0 3 0 551 494 75,037 1,274 872 295 77,478

 78,252 15,487 62,765 3,008 1,294 1,291 0 3 0 261 541 67,869 846 838 54 69,607

 27,330 3,643 23,687 1,041 447 430 0 0 17 121 220 25,516 166 124 60 25,867

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

H.4.14. Statement of Condition of Each Federal Reserve Bank on November 15, 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

 Nov 15, 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.