FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           October 26, 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           Oct 25, 2006 Oct 18, 2006 Oct 26, 2005 Oct 25, 2006
Federal Reserve Banks

Reserve Bank Credit                                         830,809    -     647    +  32,877      838,510
 Securities held outright                                   767,413    -   1,164    +  29,131      768,422       
    U.S. Treasury (1)                                       767,413    -   1,164    +  29,131      768,422
       Bills (2)                                            277,019            0    +   6,763      277,019
       Notes and bonds, nominal (2)                         458,811    -   1,992    +  13,778      459,815
       Notes and bonds, inflation-indexed (2)                27,430    +     806    +   7,447       27,430
       Inflation compensation (3)                             4,152    +      21    +   1,143        4,157
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    22,893    +     107    +   3,822       30,000
 Loans to depository institutions                               174    -      56    -      48          172
    Primary credit                                                9    -      25    -      31            6
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             165    -      32    -      18          166
 Float                                                         -402    +      58    -     867         -877
 Other Federal Reserve assets                                40,732    +     409    +     842       40,794
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,123    +      14    +   1,694       38,123
       
Total factors supplying reserve funds                       882,173    -     633    +  34,572      889,875
                                                                   
Currency in circulation(5)                                  794,149    -     704    +  26,339      795,587
Reverse repurchase agreements (6)                            30,721    -     703    +   6,503       31,151
   Foreign official and international accounts               30,721    -     703    +   6,503       31,151
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          180    +      15    -      40          179
Deposits with F.R.Banks, other than reserve balances         12,471    +     300    -   1,670       12,643       
  U.S. Treasury, general account                              5,178    +     323    +      29        5,346
  Foreign official                                               89    -      15    -       7           90
  Service-related                                             6,914    -       2    -   1,673        6,914
     Required clearing balances                               6,914    -       2    -   1,673        6,914
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         290    -       7    -      20          293
Other liabilities and capital                                36,417    +     337    +   4,744       36,030

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  873,937    -     757    +  35,874      875,589

Reserve balances with Federal Reserve Banks                   8,236    +     124    -   1,302       14,285
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,685,630    +     112    + 209,274    1,691,926
     U.S. Treasury                                        1,141,536    -   3,988    +  53,821    1,142,934
     Federal agency                                         544,094    +   4,100    + 155,454      548,992
  Securities lent to dealers                                  1,663    +     663    -   2,843          219   


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 Oct 25, 2006     Oct 18, 2006     Oct 26, 2005

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               831        +       1        +     104
Securities, repurchase agreements, and loans                   798,593        +   8,788        +  37,126
   Securities held outright                                    768,422        +   1,771        +  28,880
      U.S. Treasury (1)                                        768,422        +   1,771        +  28,880       
         Bills (2)                                             277,019                0        +   6,370
         Notes and bonds, nominal (2)                          459,815        +   1,757        +  13,925
         Notes and bonds, inflation-indexed (2)                 27,430                0        +   7,447
         Inflation compensation (3)                              4,157        +      14        +   1,138
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    30,000        +   7,250        +   8,250    
   Loans                                                           172        -     232        -       4
Items in process of collection                    (1,033)        3,376        -     881        -   2,810
Bank premises                                                    1,902        +       3        +      58
Other assets (5)                                                38,681        +     531        +     538
      Total assets                                (1,033)      856,620        +   8,442        +  35,016
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  758,469        -     276        +  24,838
Reverse repurchase agreements (6)                               31,151        -   1,744        +   7,497
Deposits                                              (0)       26,736        +  10,740        +      37       
  Depository institutions                                       21,006        +  10,927        -     498
  U.S. Treasury, general account                                 5,346        -     194        +     619
  Foreign official                                                  90        -       1        -      75
  Other                                               (0)          293        +       6        -      10
Deferred availability cash items                  (1,033)        4,235        -     436        -   1,899
Other liabilities and accrued dividends (7)                      5,530        +      38        +   1,522
      Total liabilities                           (1,033)      826,121        +   8,322        +  31,995
                          
Capital Accounts
Capital paid in                                                 15,099        +       3        +   1,648
Surplus                                                         12,901                0        +   1,271
Other capital accounts                                           2,499        +     117        +     102
      Total capital                                             30,500        +     121        +   3,022


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,   October 25, 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             168       57,745   +   1,075            0           0       30,000       31,151
16 days to 90 days           4      163,996   -   1,320            0           0            0            0
91 days to 1 year            0      186,185   +   2,003            0           0     ------      ------
Over 1 to 5 years     ------        217,176   +       4            0           0     ------      ------
Over 5 to 10 years    ------         61,745   +       3            0           0     ------      ------
Over 10 years         ------         81,575   +       6            0           0     ------      ------
                   		 	
All                        172      768,422   +   1,771            0           0       30,000      31,151

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   October 25, 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                      11,037        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             831         23         45         60         78         77        107         97         39         30         62         80        134
Securities, repurchase agreements,
      and loans                              798,593     36,668    314,414     33,362     33,180     63,833     64,337     70,618     24,420     15,683     22,533     34,489     85,057
   Securities held outright                  768,422     36,668    284,414     33,362     33,180     63,833     64,330     70,556     24,414     15,622     22,501     34,486     85,057
      U.S. Treasury (1)                      768,422     36,668    284,414     33,362     33,180     63,833     64,330     70,556     24,414     15,622     22,501     34,486     85,057
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  491,403     23,449    181,882     21,335     21,219     40,821     41,139     45,121     15,613      9,990     14,389     22,054     54,393
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                30,000          0     30,000          0          0          0          0          0          0          0          0          0          0
      Loans                                      172          0          0          0          0          0          7         62          6         61         32          3          0
Items in process of collection                 4,409        174         93        545        504        301        478        314        122        211        417        265        984
Bank premises                                  1,902        114        208         57        158        161        231        209         75        117        134        260        178
Other assets(5)                               38,681      1,242     14,005      1,832      2,269      6,886      2,728      2,768        771        710        734        971      3,764
Interdistrict settlement account                   0    - 1,472    - 8,874    +   926    -   525    + 7,980    + 7,734    - 7,607    -   557    -   400    + 2,471    - 2,348    + 2,670
          Total Assets                       857,653     37,350    324,905     37,327     36,214     80,239     76,804     67,558     25,269     16,592     26,743     34,391     94,263

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   October 25, 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             939,010     37,800    345,927     38,637     36,920     75,191     95,427     76,419     27,060     17,119     28,338     50,434    109,738
  Less: notes held by F.R. Banks              180,541      4,110     53,024      7,562      6,843     12,898     25,793     15,567      3,842      2,560      4,020     19,234     25,086
    Federal Reserve notes, net                758,469     33,690    292,903     31,075     30,077     62,293     69,634     60,851     23,218     14,560     24,317     31,200     84,652
Reverse repurchase agreements (1)              31,151      1,486     11,530      1,352      1,345      2,588      2,608      2,860        990        633        912      1,398      3,448
Deposits                                       26,736        795     10,804        720      1,682      6,118      1,329      1,257        413        373        479        800      1,965
  Depository institutions                      21,006        793      5,224        718      1,677      5,993      1,327      1,254        412        372        477        799      1,961
  U.S. Treasury, general account                5,346          0      5,346          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 90          1         61          2          3         11          3          3          0          1          1          0          4
  Other                                           293          1        173          0          2        114          0          0          1          0          1          0          0
Deferred availability cash items                5,268        296        133        821        577        466        534        298        113        315        484        286        944
Other liabilities and accrued                 
  dividends (2)                                 5,530        267      1,852        274        270        548        468        502        197        146        180        262        563
   
    Total liabilities                         827,154     36,535    317,221     34,243     33,952     72,013     74,574     65,768     24,931     16,027     26,372     33,946     91,572
                              
Capital                    
Capital paid in                                15,099        390      3,722      1,810      1,099      4,081      1,087        846        159        276        174        209      1,247
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   2,499        108        277        530        149        837        251         67         35         44         23         84         95
     Total liabilities and capital            857,653     37,350    324,905     37,327     36,214     80,239     76,804     67,558     25,269     16,592     26,743     34,391     94,263
                              

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
                                          Oct 25, 2006
              
Federal Reserve notes outstanding             939,010
   Less: Notes held by F.R. Banks
         not subject to collateralization     180,541
      Federal Reserve Notes to be
         collateralized                       758,469 
Collateral held against Federal Reserve            
   notes                                      758,469
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              745,233
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         798,422
   Less:face value of securities under
         reverse repurchase agreements         31,486
      U.S. Treasury and agency securities
             eligible to be pledged           766,936
   

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.