Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 791,441 - 2,267 + 36,236 793,765

Securities held outright 728,553 + 2,208 + 33,759 729,579

U.S. Treasury1 728,553 + 2,208 + 33,759 729,579

Bills2 267,329 + 1,070 + 12,048 267,508

Notes and bonds, nominal2 438,905 + 1,134 + 16,364 439,752

Notes and bonds, inflation-indexed2 19,533 0 + 4,671 19,533

Inflation compensation3 2,785 + 3 + 675 2,786

Federal agency2 0 0 0 0

Repurchase agreements4 25,107 - 1,750 + 2,321 26,000

Loans to depository institutions 333 - 112 + 92 346

Primary credit 16 - 139 + 10 12

Secondary credit 0 0 0 0

Seasonal credit 317 + 27 + 83 334

Float -522 - 544 - 61 -338

Other Federal Reserve assets 37,970 - 2,068 + 125 38,178

Gold stock 11,041 0 - 3 11,041

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

Treasury currency outstanding5 36,713 + 14 + 533 36,713

Total factors supplying reserve funds 841,394 - 2,254 + 36,766 843,719

Currency in circulation5 763,040 - 1,047 + 28,599 763,730

Reverse repurchase agreements6 24,037 - 1,333 + 3,070 24,114

Foreign official and international accounts 24,037 - 1,333 + 3,070 24,114

Dealers 0 0 0 0

Treasury cash holdings 253 + 3 - 68 267

Deposits with F.R. Banks, other than reserve balances 14,304 - 30 - 1,129 13,699

U.S. Treasury, general account 5,181 + 376 + 392 4,603

Foreign official 87 - 7 - 15 80

Service-related 8,720 - 399 - 1,487 8,720

Required clearing balances 8,720 - 396 - 1,487 8,720

Adjustments to compensate for float 0 - 3 0 0

Other 316 0 - 20 296

Other liabilities and capital 30,787 - 106 + 8,347 30,609

Total factors, other than reserve balances,

absorbing reserve funds 832,421 - 2,513 + 38,817 832,418

Reserve balances with Federal Reserve Banks 8,974 + 260 - 2,051 11,301

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,465,802 - 2,508 + 188,133 1,467,743

U.S. Treasury 1,096,177 - 3,319 + 60,234 1,096,406

Federal agency 369,625 + 811 + 127,898 371,337

Securities lent to dealers 1,817 - 2,442 + 1,050 3,134

FEDERAL RESERVE statistical release

 August 25, 2005

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

 Aug 24, 2005 Week ended

 Aug 24, 2005 Aug 17, 2005 Aug 25, 2004
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 650 + 6 - 114

Securities, repurchase agreements, and loans 755,925 - 1,148 + 36,349

Securities held outright 729,579 + 2,240 + 34,739

U.S. Treasury1 729,579 + 2,240 + 34,739

Bills2 267,508 + 1,249 + 12,186

Notes and bonds, nominal2 439,752 + 988 + 17,211

Notes and bonds, inflation-indexed2 19,533 0 + 4,671

Inflation compensation3 2,786 + 3 + 672

Federal agency2 0 0 0

Repurchase agreements4 26,000 - 2,500 + 1,500

Loans 346 - 888 + 110

Items in process of collection (1,002) 5,488 - 1,564 + 273

Bank premises 1,832 + 3 + 114

Other assets5 36,395 + 288 + 273

Total assets (1,002) 813,527 - 2,415 + 36,893

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 727,930 - 1,211 + 27,508

Reverse repurchase agreements6 24,114 + 611 + 3,192

Deposits (0) 25,048 - 1,395 - 2,160

Depository institutions 20,069 - 308 - 2,959

U.S. Treasury, general account 4,603 - 1,066 + 935

Foreign official 80 + 2 - 149

Other (0) 296 - 23 + 13

Deferred availability cash items (1,002) 5,826 - 475 + 301

Other liabilities and accrued dividends7 3,568 + 104 + 976

Total liabilities (1,002) 786,487 - 2,366 + 29,818

Capital accounts

Capital paid in 13,441 0 + 2,989

Surplus 11,630 + 1 + 2,796

Other capital accounts 1,969 - 50 + 1,291

Total capital 27,040 - 49 + 7,075

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Aug 25, 2004

Eliminations from

consolidation Wednesday

 Aug 24, 2005

Wednesday

 Aug 17, 2005

3. Maturity Distribution of Loans and Securities, August 24, 2005

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 285 59,238 + 963 0 0 26,000 24,114

16 days to 90 days 62 156,724 - 1,288 0 0 0 0

91 days to 1 year 0 171,081 + 1,574 0 0 . . . . . . 

Over 1 year to 5 years . . . 213,119 + 489 0 0 . . . . . . 

Over 5 years to 10 years . . . 52,433 + 501 0 0 . . . . . . 

Over 10 years . . . 76,984 + 1 0 0 . . . . . . 

All 346 729,579 + 2,240 0 0 26,000 24,114

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on August 24, 2005Millions 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 2,200 650 755,925 729,579 729,579 267,508 462,071 0 26,000 346 6,490 1,832 36,395 0 814,529

Assets, liabilities, and capital

 4,355 874 36 315,306 289,303 289,303 106,076 183,227 0 26,000 3 263 206 13,733 -16,585 318,189

 510 115 15 37,327 37,327 37,327 13,687 23,641 0 0 0 295 108 3,205 - 2,705 38,870

 432 83 29 25,885 25,881 25,881 9,490 16,392 0 0 4 327 54 1,059 + 8,166 36,035

 453 104 49 30,821 30,821 30,821 11,301 19,520 0 0 0 247 157 2,433 + 1,531 35,795

 836 147 56 55,679 55,679 55,679 20,415 35,264 0 0 0 504 143 4,777 + 4,858 66,999

 945 166 100 56,459 56,444 56,444 20,696 35,748 0 0 15 1,192 273 1,992 + 3,273 64,400

 928 212 88 65,807 65,702 65,702 24,090 41,612 0 0 105 341 200 2,490 + 3,370 73,436

 327 71 37 22,710 22,639 22,639 8,301 14,338 0 0 70 196 66 870 + 431 24,708

 2   15,3 15,2 15,2 5,5 9,6    3 1 7 - 6 16,1
 884,274

 156,344 727,930 727,930 11,037 2,200 714,693 0 755,579 24,135 731,444

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.

 884,274 156,344 727,930 24,114 25,048 20,069 4,603 80 296 6,828 3,568 787,489 13,441 11,630 1,969 814,529

 39,504 4,890 34,614 1,234 828 819 0 5 4 469 194 37,339 173 1,353 5 38,870

 332,797 42,796 290,001 9,562 9,273 4,454 4,603 52 165 669 1,207 310,711 3,645 3,430 402 318,189

 37,602 6,529 31,074 855 2,378 2,377 0 1 0 422 141 34,871 742 294 129 36,035

 35,819 5,542 30,277 1,019 1,551 1,545 0 4 2 500 181 33,527 1,130 1,065 73 35,795

 68,031 13,446 54,585 1,840 2,943 2,815 0 7 120 498 358 60,225 3,970 2,148 656 66,999

 81,569 23,699 57,870 1,866 1,660 1,656 0 2 2 933 292 62,620 869 516 396 64,400

 77,736 11,006 66,730 2,172 2,058 2,055 0 3 0 389 331 71,679 860 763 134 73,436

 26,168 3,424 22,745 748 537 535 0 1 1 164 135 24,329 138 236 5 24,708

 16,8 2,6 14,2 5 3 3    4 1 15,6 2 2  16,1

H.4.14. Statement of Condition of Each Federal Reserve Bank on August 24, 2005 (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

 Aug 24, 2005

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.