Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 800,582 + 168 + 34,769 805,401

Securities held outright 735,727 + 2,364 + 37,125 736,082

U.S. Treasury1 735,727 + 2,364 + 37,125 736,082

Bills2 269,299 + 1,393 + 12,237 269,487

Notes and bonds, nominal2 443,540 + 947 + 19,399 443,697

Notes and bonds, inflation-indexed2 19,983 0 + 4,721 19,983

Inflation compensation3 2,905 + 25 + 768 2,914

Federal agency2 0 0 0 0

Repurchase agreements4 24,857 - 2,757 - 2,714 30,250

Loans to depository institutions 350 + 28 + 96 353

Primary credit 12 + 11 + 3 17

Secondary credit 0 0 0 0

Seasonal credit 339 + 18 + 94 336

Float 354 + 351 + 237 -613

Other Federal Reserve assets 39,294 + 181 + 25 39,328

Gold stock 11,041 0 - 2 11,041

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

Treasury currency outstanding5 36,485 + 14 + 220 36,485

Total factors supplying reserve funds 850,308 + 182 + 34,986 855,127

Currency in circulation5 766,675 - 445 + 29,835 768,115

Reverse repurchase agreements6 24,768 + 233 + 477 23,811

Foreign official and international accounts 24,768 + 233 + 477 23,811

Dealers 0 0 0 0

Treasury cash holdings 252 0 - 47 237

Deposits with F.R. Banks, other than reserve balances 13,936 - 943 - 1,702 13,042

U.S. Treasury, general account 5,366 - 953 + 248 4,479

Foreign official 84 + 2 - 26 83

Service-related 8,237 - 1 - 1,926 8,237

Required clearing balances 8,237 - 1 - 1,926 8,237

Adjustments to compensate for float 0 0 0 0

Other 249 + 9 + 2 243

Other liabilities and capital 31,062 + 81 + 7,668 30,719

Total factors, other than reserve balances,

absorbing reserve funds 836,693 - 1,074 + 36,231 835,923

Reserve balances with Federal Reserve Banks 13,614 + 1,255 - 1,245 19,204

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,463,965 + 7,625 + 172,385 1,466,811

U.S. Treasury 1,086,633 + 4,541 + 38,994 1,087,464

Federal agency 377,332 + 3,084 + 133,391 379,347

Securities lent to dealers 3,614 - 1,922 + 2,128 5,930

FEDERAL RESERVE statistical release

 September 29, 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

 Sep 28, 2005 Week ended

 Sep 28, 2005 Sep 21, 2005 Sep 29, 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 - 2

Special drawing rights certificate account 2,200 0 0

Coin 708 + 8 - 69

Securities, repurchase agreements, and loans 766,685 + 12,717 + 38,317

Securities held outright 736,082 + 2,694 + 37,465

U.S. Treasury1 736,082 + 2,694 + 37,465

Bills2 269,487 + 1,565 + 12,408

Notes and bonds, nominal2 443,697 + 1,104 + 19,556

Notes and bonds, inflation-indexed2 19,983 0 + 4,721

Inflation compensation3 2,914 + 25 + 779

Federal agency2 0 0 0

Repurchase agreements4 30,250 + 10,000 + 750

Loans 353 + 23 + 102

Items in process of collection (979) 6,193 - 1,735 + 591

Bank premises 1,838 - 1 + 107

Other assets5 37,497 - 98 - 390

Total assets (979) 826,159 + 10,893 + 38,554

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 732,570 + 676 + 29,119

Reverse repurchase agreements6 23,811 - 180 - 526

Deposits (0) 32,607 + 10,898 + 1,903

Depository institutions 27,802 + 12,135 + 2,859

U.S. Treasury, general account 4,479 - 1,239 - 957

Foreign official 83 0 + 2

Other (0) 243 + 3 - 2

Deferred availability cash items (979) 6,452 - 442 + 514

Other liabilities and accrued dividends7 3,829 + 84 + 1,070

Total liabilities (979) 799,269 + 11,036 + 32,081

Capital accounts

Capital paid in 13,306 + 4 + 2,804

Surplus 11,623 - 7 + 2,776

Other capital accounts 1,961 - 141 + 893

Total capital 26,890 - 144 + 6,474

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Sep 29, 2004

Eliminations from

consolidation Wednesday

 Sep 28, 2005

Wednesday

 Sep 21, 2005

3. Maturity Distribution of Loans and Securities, September 28, 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 329 58,488 - 116 0 0 30,250 23,811

16 days to 90 days 25 155,823 - 160 0 0 0 0

91 days to 1 year 0 176,589 + 1,841 0 0 . . . . . . 

Over 1 year to 5 years . . . 215,465 + 1,114 0 0 . . . . . . 

Over 5 years to 10 years . . . 52,592 + 4 0 0 . . . . . . 

Over 10 years . . . 77,125 + 10 0 0 . . . . . . 

All 353 736,082 + 2,694 0 0 30,250 23,811

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on September 28, 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 2,200 708 766,685 736,082 736,082 269,487 466,595 0 30,250 353 7,172 1,838 37,497 0 827,138

Assets, liabilities, and capital

 4,355 874 55 322,132 291,882 291,882 106,861 185,021 0 30,250 0 437 205 14,182 -16,009 326,231

 510 115 18 37,660 37,660 37,660 13,788 23,872 0 0 0 395 109 3,232 - 3,167 38,872

 432 83 39 26,116 26,112 26,112 9,560 16,552 0 0 4 315 54 1,186 + 6,501 34,725

 453 104 55 31,096 31,096 31,096 11,385 19,711 0 0 0 386 157 2,450 + 726 35,427

 836 147 62 56,175 56,175 56,175 20,566 35,609 0 0 0 382 143 4,809 + 4,007 66,562

 945 166 99 56,961 56,947 56,947 20,849 36,098 0 0 14 1,744 273 2,088 + 3,127 65,404

 928 212 91 66,384 66,288 66,288 24,269 42,019 0 0 96 286 203 2,599 + 2,070 72,773

 327 71 38 22,917 22,841 22,841 8,362 14,479 0 0 76 266 68 895 + 183 24,765

 2   15,4 15,3 15,3 5,6 9,7   1 2 1 7 - 9 15,9
 890,029

 157,458 732,570 732,570 11,037 2,200 719,334 0 766,332 23,829 742,503

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.

 890,029 157,458 732,570 23,811 32,607 27,802 4,479 83 243 7,431 3,829 800,248 13,306 11,623 1,961 827,138

 39,447 4,999 34,447 1,218 839 832 0 5 2 647 201 37,353 173 1,346 0 38,872

 331,047 42,418 288,628 9,442 18,732 14,050 4,479 54 149 687 1,299 318,788 3,656 3,430 358 326,231

 37,538 6,524 31,014 845 940 938 0 1 0 540 154 33,492 742 294 198 34,725

 36,300 5,800 30,500 1,006 1,082 1,077 0 4 2 553 194 33,335 1,026 1,065 2 35,427

 68,399 13,322 55,076 1,817 1,894 1,810 0 7 77 566 397 59,751 3,923 2,148 740 66,562

 81,588 23,531 58,058 1,842 2,489 2,487 0 2 0 929 313 63,630 869 516 389 65,404

 77,818 11,454 66,364 2,144 1,727 1,724 0 3 0 429 352 71,017 864 763 129 72,773

 26,473 3,638 22,835 739 454 452 0 1 1 219 142 24,388 140 236 1 24,765

 16,7 2,6 14,0 4 2 2    4 1 15,4 2 2  15,9

H.4.14. Statement of Condition of Each Federal Reserve Bank on September 28, 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

 Sep 28, 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.