Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 844,553 - 14,901 + 28,683 839,576

Securities held outright 778,902 - 14 + 34,653 778,898

U.S. Treasury1 778,902 - 14 + 34,653 778,898

Bills2 277,019 0 + 5,609 277,019

Notes and bonds, nominal2 467,864 0 + 18,746 467,864

Notes and bonds, inflation-indexed2 30,105 0 + 9,738 30,105

Inflation compensation3 3,915 - 13 + 561 3,911

Federal agency2 0 0 0 0

Repurchase agreements4 26,571 - 14,286 - 3,822 21,500

Loans to depository institutions 39 - 194 0 21

Primary credit 22 - 158 + 6 2

Secondary credit 0 0 0 0

Seasonal credit 16 - 38 - 7 19

Float -269 - 65 - 1,564 -246

Other Federal Reserve assets 39,309 - 342 - 585 39,403

Gold stock 11,041 0 - 2 11,041

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

Treasury currency outstanding5 38,247 + 14 + 1,707 38,247

Total factors supplying reserve funds 896,041 - 14,887 + 30,388 891,064

Currency in circulation5 812,478 - 7,352 + 25,729 810,087

Reverse repurchase agreements6 29,659 + 114 + 4,511 28,921

Foreign official and international accounts 29,659 + 114 + 4,511 28,921

Dealers 0 0 0 0

Treasury cash holdings 261 + 8 + 58 245

Deposits with F.R. Banks, other than reserve balances 12,068 - 665 - 2,470 12,257

U.S. Treasury, general account 4,797 - 230 + 2 4,999

Foreign official 90 - 4 + 8 91

Service-related 6,937 + 81 - 2,437 6,937

Required clearing balances 6,918 + 76 - 2,456 6,918

Adjustments to compensate for float 19 + 5 + 19 19

Other 245 - 510 - 42 230

Other liabilities and capital 36,466 + 154 + 5,002 36,346

Total factors, other than reserve balances,

absorbing reserve funds 890,932 - 7,741 + 32,830 887,855

Reserve balances with Federal Reserve Banks 5,108 - 7,147 - 2,443 3,209

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,770,262 + 7,232 + 239,357 1,772,235

U.S. Treasury 1,167,850 + 5,561 + 66,942 1,169,039

Federal agency 602,412 + 1,671 + 172,414 603,196

Securities lent to dealers 3,107 - 4,240 + 980 2,952

FEDERAL RESERVE statistical release

 January 11, 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

 Jan 10, 2007 Week ended

 Jan 10, 2007 Jan 3, 2007 Jan 11, 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 - 2

Special drawing rights certificate account 2,200 0 0

Coin 865 + 68 + 157

Securities, repurchase agreements, and loans 800,419 - 19,502 + 30,861

Securities held outright 778,898 - 12 + 34,419

U.S. Treasury1 778,898 - 12 + 34,419

Bills2 277,019 0 + 5,434

Notes and bonds, nominal2 467,864 0 + 18,746

Notes and bonds, inflation-indexed2 30,105 0 + 9,674

Inflation compensation3 3,911 - 11 + 566

Federal agency2 0 0 0

Repurchase agreements4 21,500 - 18,250 - 3,500

Loans 21 - 1,241 - 58

Items in process of collection (1,265) 4,804 - 668 - 3,253

Bank premises 1,944 - 1 + 123

Other assets5 37,419 + 267 - 1,274

Total assets (1,265) 858,689 - 19,835 + 26,614

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 772,946 - 8,401 + 23,527

Reverse repurchase agreements6 28,921 - 821 + 3,901

Deposits (0) 15,426 - 11,103 - 3,888

Depository institutions 10,107 - 9,937 - 4,334

U.S. Treasury, general account 4,999 - 1,157 + 534

Foreign official 91 + 1 + 10

Other (0) 230 - 9 - 97

Deferred availability cash items (1,265) 5,050 + 210 - 2,066

Other liabilities and accrued dividends7 5,518 + 57 + 1,551

Total liabilities (1,265) 827,861 - 20,059 + 23,024

Capital accounts

Capital paid in 15,331 + 3 + 1,788

Surplus 15,031 + 2 + 2,115

Other capital accounts 466 + 218 - 314

Total capital 30,828 + 224 + 3,589

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jan 11, 2006

Eliminations from

consolidation Wednesday

 Jan 10, 2007

Wednesday

 Jan 3, 2007

3. Maturity Distribution of Loans and Securities, January 10, 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 12 51,875 + 519 0 0 21,500 28,921

16 days to 90 days 9 170,185 + 8 0 0 0 0

91 days to 1 year 0 183,756 - 528 0 0 . . . . . . 

Over 1 year to 5 years . . . 224,968 - 4 0 0 . . . . . . 

Over 5 years to 10 years . . . 67,642 - 2 0 0 . . . . . . 

Over 10 years . . . 80,473 - 4 0 0 . . . . . . 

All 21 778,898 - 12 0 0 21,500 28,921

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on January 10, 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 2,200 865 800,419 778,898 778,898 277,019 501,879 0 21,500 21 6,070 1,944 37,419 0 859,955

Assets, liabilities, and capital

 4,139 874 54 309,791 288,291 288,291 102,532 185,759 0 21,500 0 95 211 12,208 -17,055 310,316

 486 115 29 37,178 37,168 37,168 13,219 23,949 0 0 10 251 117 1,267 - 436 39,006

 463 83 56 33,817 33,816 33,816 12,027 21,789 0 0 1 714 58 1,888 - 15 37,064

 446 104 80 33,633 33,633 33,633 11,962 21,671 0 0 0 610 157 2,310 - 3,479 33,862

 853 147 88 64,703 64,703 64,703 23,012 41,691 0 0 0 479 168 7,038 + 2,812 76,289

 1,023 166 100 65,207 65,207 65,207 23,191 42,016 0 0 0 1,038 231 2,813 + 8,950 79,529

 947 212 103 71,521 71,518 71,518 25,436 46,083 0 0 3 419 206 2,823 - 3,853 72,378

 328 71 40 24,747 24,747 24,747 8,801 15,946 0 0 0 139 79 778 + 1,743 27,925

 2   15,8 15,8 15,8 5,6 10,2    2 1 7 - 4 16,6
 958,897

 185,951 772,946 772,946 11,037 2,200 759,709 0 800,398 29,963 770,435

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.

 958,897 185,951 772,946 28,921 15,426 10,107 4,999 91 230 6,316 5,518 829,127 15,331 15,031 466 859,955

 39,205 3,587 35,619 1,380 491 488 0 1 3 434 261 38,185 396 396 29 39,006

 342,299 59,173 283,126 10,704 6,879 1,662 4,999 62 156 125 1,821 302,655 3,725 3,727 210 310,316

 38,588 7,628 30,959 1,256 453 451 0 2 0 805 252 33,725 1,810 1,529 0 37,064

 36,305 7,245 29,060 1,249 494 490 0 3 1 606 267 31,676 1,087 1,087 13 33,862

 75,194 12,180 63,014 2,402 1,476 1,408 0 11 57 667 555 68,114 4,093 4,081 0 76,289

 97,666 25,550 72,116 2,421 1,278 1,276 0 3 0 634 483 76,933 1,276 1,276 44 79,529

 81,029 14,891 66,138 2,655 911 908 0 3 0 403 507 70,615 859 858 46 72,378

 29,150 3,309 25,840 919 423 412 0 0 11 182 212 27,576 166 166 17 27,925

 17,4 2,6 14,8 5 2 2    3 1 16,1 2 2  16,6

H.4.14. Statement of Condition of Each Federal Reserve Bank on January 10, 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

 Jan 10, 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.