FEDERAL RESERVE statistical release 

For release at 

4:30 p.m. EDT 

July 30, 2009 

The Board’s H.4.1 statistical release, “Factors Affecting Reserve Balances of Depository Institutions 

and Condition Statement of Federal Reserve Banks,” has been modified to incorporate a loan 

restructuring adjustment associated with the credit extended to American International Group, Inc. 

(AIG). In addition, the release incorporates updated valuations of the portfolio holdings of Maiden 

Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC (collectively, LLCs), which are updated 

quarterly. 

Consistent with U.S. generally accepted accounting principles (GAAP), the reported value of the 

AIG revolving credit extension has been reduced by a $1.3 billion adjustment for loan restructuring. 

This adjustment is related to the most recent loan modification, announced on March 2, 2009, which 

eliminated the existing floor on the LIBOR rate. In accordance with GAAP, this restructuring 

adjustment is intended to recognize the economic effect of the reduced interest rate and will be 

recovered as the adjustment is amortized over the remaining term of the credit extension. The 

Federal Reserve expects that the credit extension, including interest and commitment fees under the 

modified terms, will be fully repaid. 

The credit extended to AIG is listed in table 1 and has been renamed “Credit extended to American 

International Group, Inc., net,” and footnote 7, which is related to the credit extension, clarifies that 

the loan is reported net of the unamortized commitment fees and is now reported net of the 

adjustment for loan restructuring. The credit extension is included in other loans in table 2, table 9, 

and table 10. 

The weekly average net portfolio holdings of the LLCs, shown in table 1, reflect holdings from 

Thursday, July 23, 2009, through Wednesday, July 29, 2009. The holdings for the first six days of 

this reporting week are based on values as of the previous valuation dates for the LLCs. The 

holdings for the final day of the reporting week are based on values as of June 30, 2009. The fair 

value of the net portfolio holdings is updated quarterly. 

The weekly average balance of the AIG credit extension, shown on table 1, reflects the value before 

recording the restructuring adjustment for the first six days and the value after recording the 

restructuring adjustment for the final day of the reporting week. 
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 2,010,048 - 611 +1,115,620 1,985,307

Securities held outright1 1,343,891 + 17,940 + 864,717 1,344,561

U.S. Treasury securities 695,318 + 8,842 + 216,144 695,758

Bills2 18,423 0 - 3,317 18,423

Notes and bonds, nominal2 627,146 + 8,571 + 214,754 627,575

Notes and bonds, inflation-indexed2 44,438 + 215 + 5,267 44,438

Inflation compensation3 5,311 + 56 - 560 5,323

Federal agency debt securities2 104,066 + 1,945 + 104,066 105,915

Mortgage-backed securities4 544,507 + 7,153 + 544,507 542,888

Repurchase agreements5 0 0 - 113,714 0

Term auction credit 237,629 - 5 + 87,629 237,621

Other loans 108,531 - 2,109 + 90,887 109,888

Primary credit 33,803 + 55 + 16,351 36,370

Secondary credit 105 + 74 + 16 0

Seasonal credit 88 - 1 - 13 94

Primary dealer and other broker-dealer credit6 0 0 - 3 0

Asset-Backed Commercial Paper Money

Market Mutual Fund Liquidity Facility 1,073 - 2,487 + 1,073 806

Credit extended to American International

Group, Inc., net7 43,054 - 78 + 43,054 42,196

Term Asset-Backed Securities Loan Facility 30,408 + 328 + 30,408 30,422

Other credit extensions 0 0 0 0

Net portfolio holdings of Commercial Paper

Funding Facility LLC8 94,414 - 16,087 + 94,414 67,300

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility9 0 0 0 0

Net portfolio holdings of Maiden Lane LLC10 26,029 + 40 - 3,036 25,870

Net portfolio holdings of Maiden Lane II LLC11 15,672 - 83 + 15,672 15,144

Net portfolio holdings of Maiden Lane III LLC12 19,166 + 349 + 19,166 21,137

Float -1,778 + 280 - 457 -2,372

Central bank liquidity swaps13 87,738 - 2,126 + 25,738 87,738

Other Federal Reserve assets14 78,756 + 1,191 + 34,604 78,420

Gold stock 11,041 0 0 11,041

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

Treasury currency outstanding15 42,487 + 14 + 3,811 42,487

Total factors supplying reserve funds 2,065,776 - 597 +1,119,431 2,041,035

FEDERAL RESERVE statistical release

 July 30, 2009

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. Footnotes appear at the end of the table.

Change from week ended Wednesday

 Jul 29, 2009 Week ended

 Jul 29, 2009 Jul 22, 2009 Jul 30, 2008
Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Currency in circulation15 908,661 - 83 + 78,102 910,869

Reverse repurchase agreements16 66,206 - 1,599 + 22,670 66,010

Foreign official and international accounts 66,206 - 1,599 + 22,670 66,010

Dealers 0 0 0 0

Treasury cash holdings 332 - 15 + 19 302

Deposits with F.R. Banks, other than reserve balances 268,912 - 11,724 + 256,142 265,601

U.S. Treasury, general account 61,406 - 11,782 + 56,312 57,825

U.S. Treasury, supplementary financing account 199,936 0 + 199,936 199,936

Foreign official 2,032 + 296 + 1,931 2,178

Service-related 5,152 - 12 - 2,101 5,152

Required clearing balances 5,152 0 - 2,101 5,152

Adjustments to compensate for float 0 - 12 0 0

Other 386 - 226 + 64 511

Other liabilities and capital17 57,045 + 434 + 13,166 56,293

Total factors, other than reserve balances,

absorbing reserve funds 1,301,156 - 12,988 + 370,099 1,299,075

Reserve balances with Federal Reserve Banks 764,620 + 12,391 + 749,332 741,959

H.4.1

1. Factors Affecting Reserve Balances of Depository Institutions (continued)

Millions of dollars

Averages of daily figures

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of

the underlying mortgages.

5. Cash value of agreements.

6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain other broker-dealers.

7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and allowance for loan restructuring.

Excludes credit extended to consolidated LLCs.

8. Refer to table 7 and the note on consolidation accompanying table 10.

9. Refer to table 8 and the note on consolidation accompanying table 10.

10. Refer to table 4 and the note on consolidation accompanying table 10.

11. Refer to table 5 and the note on consolidation accompanying table 10.

12. Refer to table 6 and the note on consolidation accompanying table 10.

13. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned

to the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the

foreign central bank.

14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.

15. Estimated.

16. Cash value of agreements, which are collateralized by U.S. Treasury securities.

17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility,

Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including

liabilities that have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation

accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

Change from week ended Wednesday

 Jul 29, 2009 Week ended

 Jul 29, 2009 Jul 22, 2009 Jul 30, 2008
Marketable securities held in custody for foreign

 official and international accounts1 2,793,163 + 6,232 + 425,489 2,793,528

U.S. Treasury securities 2,001,173 + 5,378 + 616,755 2,002,283

Federal agency securities2 791,990 + 853 - 191,266 791,245

Securities lent to dealers 10,919 - 543 - 115,734 11,411

Overnight facility3 8,219 - 321 + 3,343 8,711

U.S. Treasury securities 8,038 - 317 + 3,162 8,526

Federal agency debt securities 181 - 4 + 181 185

Term facility4 2,700 - 221 - 119,077 2,700

1A. Memorandum Items

Millions of dollars

Averages of daily figures

Week ended

 Jul 29, 2009

Change from week ended Wednesday

 Jul 29, 2009

 Jul 22, 2009 Jul 30, 2008

Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed securities at face value.

2. Includes debt and mortgage-backed securities.

3. Fully collateralized by U.S. Treasury securities.

4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities.

Memorandum item

H.4.1

91 days to

1 year

2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities, July 29, 2009

Millions of dollars

Within 15 days Over 1 year

to 5 years

16 days to

 90 days

All

Note: Components may not sum to totals because of rounding.

 . . . Not applicable.

1. Excludes the loans from the Federal Reserve Bank of New York (FRBNY) to Commercial Paper Funding Facility LLC, the LLCs funded through

the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC. The loans were eliminated when

preparing the FRBNY's statement of condition consistent with consolidation under generally accepted accounting principles.

2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of inflation on the

original face value of such securities.

3. Face value.

4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Face value of commercial paper held by Commercial Paper Funding Facility LLC.

6. Face value of money market instruments held by LLCs funded through the Money Market Investor Funding Facility.

7. Cash value of agreements.

8. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

Remaining maturity Over 5 years

to 10 years

Over 10

years

Term auction credit

Other loans1

U.S. Treasury securities2

Holdings

Weekly changes

Federal agency debt securities3

Holdings

Weekly changes

Mortgage-backed securities4

Holdings

Weekly changes

Commercial paper held by

Commercial Paper Funding

Facility LLC5

Money market instruments held by

LLCs funded through the

Money Market Investor

Funding Facility6

Repurchase agreements7

Central bank liquidity swaps8

Reverse repurchase agreements7

 141,831

 24,550

 18,885

+ 3,867

 0

 0

 0

 0

 14,261

 0

 0

 70,530

 66,010

...

 0

 63,997

+ 3

 12,751

 0

 0

 0

 0

 0

...

 0

...

...

 72,618

 277,385

+ 9

 69,884

+ 3,235

 0

 0

...

...

...

 0

...

 95,790

 12,720

 20,024

- 3,867

 750

 0

 0

 0

 48,946

 0

 0

 17,208

 0

...

 0

 183,950

+ 7

 21,203

 0

 0

 0

...

...

...

 0

...

...

...

 131,517

+ 3,013

 1,327

 0

 542,888

- 2,578

...

...

...

 0

...

 237,621

 109,888

 695,758

+ 3,032

 105,915

+ 3,235

 542,888

- 2,578

 63,206

 0

 0

 87,738

 66,010
Wednesday

 Jul 29, 2009

4. Information on Principal Accounts of Maiden Lane LLC

Millions of dollars

Net portfolio holdings of Maiden Lane LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co.3

 25,870

 28,820

 351

 1,222

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2009. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 9 and table 10.

Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC under the authority of section 13(3)

of the Federal Reserve Act. This limited liability company was formed to acquire certain assets of Bear Stearns and to manage those assets

through time to maximize repayment of the credit extended and to minimize disruption to financial markets. Payments by Maiden Lane LLC from

the proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, principal due to the FRBNY, interest

due to the FRBNY, principal due to JPMorgan Chase & Co., and interest due to JPMorgan Chase & Co. Any remaining funds will be paid to the

FRBNY.

Account name

H.4.1

Wednesday

 Jul 29, 2009

5. Information on Principal Accounts of Maiden Lane II LLC

Millions of dollars

Net portfolio holdings of Maiden Lane II LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc.3

 15,144

 17,232

 177

 1,022

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2009. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

3. Book value. The deferred payment represents the portion of the proceeds of the net portfolio holdings due to subsidiaries of American

International Group, Inc. in accordance with the asset purchase agreement. The fair value of this payment and accrued interest payable are

included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in table 9 and table 10.

Note: On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane II LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase residential mortgage-backed securities from the

U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries). Payments by Maiden Lane II

LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane II LLC, principal due to

the FRBNY, interest due to the FRBNY, and deferred payment and interest due to AIG subsidiaries. Any remaining funds will be shared by the

FRBNY and AIG subsidiaries.

Account name

Wednesday

 Jul 29, 2009

3. Supplemental Information on Mortgage-Backed Securities Purchase Program

Millions of dollars

Mortgage-backed securities held outright1

Commitments to buy mortgage-backed securities2

Commitments to sell mortgage-backed securities2

Cash and cash equivalents3

 542,888

 154,270

 19,180

 7

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

2. Current face value. Generally settle within 180 days and include commitments associated with outright transactions as well as dollar rolls.

3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.

Account name
Wednesday

 Jul 29, 2009

8. Information on Principal Accounts of LLCs Funded through the Money Market Investor

 Funding Facility

Millions of dollars

Money market instrument holdings, net1

Other investments, net

Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility

Memorandum: Money market instrument holdings, face value

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, net of related discounts

 0

 0

 0

 0

 0

 0

 0

1. Book value, which includes amortized cost.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

Note: The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the authority of section 13(3) of the

Federal Reserve Act to a series of limited liability companies funded through the Money Market Investor Funding Facility (MMIFF). The MMIFF

became operational on November 24, 2008. These limited liability companies were established to purchase short-term U.S. dollar-denominated

certificates of deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers. Such purchases are designed to foster

liquidity in short-term money markets.

Account name

H.4.1

Wednesday

 Jul 29, 2009

7. Information on Principal Accounts of Commercial Paper Funding Facility LLC

Millions of dollars

Commercial paper holdings, net1

Other investments, net

Net portfolio holdings of Commercial Paper Funding Facility LLC

Memorandum: Commercial paper holdings, face value

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

 62,911

 4,390

 67,300

 63,206

 62,783

 15

1. Book value, which includes amortized cost and related fees.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of section 13(3) of the Federal

Reserve Act to Commercial Paper Funding Facility LLC. This LLC is a limited liability company formed to purchase three-month U.S. dollardenominated commercial paper from eligible issuers and thereby foster liquidity in short-term funding markets and increase the availability of credit

for businesses and households.

Account name

Wednesday

 Jul 29, 2009

6. Information on Principal Accounts of Maiden Lane III LLC

Millions of dollars

Net portfolio holdings of Maiden Lane III LLC1

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York2

Accrued interest payable to the Federal Reserve Bank of New York2

Outstanding principal amount and accrued interest on loan payable to American International Group, Inc.3

 21,137

 20,757

 237

 5,122

1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to be conducted in an

orderly market on the measurement date. Revalued quarterly. This table reflects valuations as of June 30, 2009. Any assets purchased after

this valuation date are initially recorded at cost until their estimated fair value as of the purchase date becomes available.

2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent with

consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 10.

3. Book value. The fair value of these obligations is included in other liabilities and capital in table 1 and in other liabilities and accrued dividends in

table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane III LLC under the authority

of section 13(3) of the Federal Reserve Act. This limited liability company was formed to purchase multi-sector collateralized debt obligations

(CDOs) on which the Financial Products group of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts. In

connection with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions. Payments by Maiden Lane

III LLC from the proceeds of the net portfolio holdings will be made in the following order: operating expenses of Maiden Lane III LLC, principal due

to the FRBNY, interest due to the FRBNY, principal due to AIG, and interest due to AIG. Any remaining funds will be shared by the FRBNY and

AIG.

Account name
Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 1,895 + 57 + 509

Securities, repurchase agreements, term auction

credit, and other loans 1,692,070 + 4,427 + 922,237

Securities held outright1 1,344,561 + 3,690 + 865,355

U.S. Treasury securities 695,758 + 3,032 + 216,552

Bills2 18,423 0 - 3,317

Notes and bonds, nominal2 627,575 + 3,000 + 215,183

Notes and bonds, inflation-indexed2 44,438 0 + 5,267

Inflation compensation3 5,323 + 32 - 580

Federal agency debt securities2 105,915 + 3,235 + 105,915

Mortgage-backed securities4 542,888 - 2,578 + 542,888

Repurchase agreements5 0 0 - 123,250

Term auction credit 237,621 - 13 + 87,621

Other loans 109,888 + 751 + 92,511

Net portfolio holdings of Commercial Paper Funding

Facility LLC6 67,300 - 42,546 + 67,300

Net portfolio holdings of LLCs funded through the

Money Market Investor Funding Facility7 0 0 0

Net portfolio holdings of Maiden Lane LLC8 25,870 - 186 - 3,229

Net portfolio holdings of Maiden Lane II LLC9 15,144 - 616 + 15,144

Net portfolio holdings of Maiden Lane III LLC10 21,137 + 2,300 + 21,137

Items in process of collection (419) 230 - 208 - 575

Bank premises 2,215 + 4 + 54

Central bank liquidity swaps11 87,738 - 1,844 + 25,738

Other assets12 76,218 + 185 + 34,747

Total assets (419) 2,003,053 - 38,428 +1,083,061

H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jul 30, 2008

Eliminations from

consolidation Wednesday

 Jul 29, 2009

Wednesday

 Jul 22, 2009

Assets, liabilities, and capital

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.
Liabilities

Federal Reserve notes, net of F.R. Bank holdings 870,575 + 1,347 + 75,012

Reverse repurchase agreements13 66,010 - 823 + 21,547

Deposits (0) 1,007,573 - 38,746 + 974,156

Depository institutions 747,124 - 34,265 + 718,412

U.S. Treasury, general account 57,825 - 3,776 + 53,554

U.S. Treasury, supplementary financing account 199,936 0 + 199,936

Foreign official 2,178 + 294 + 2,077

Other (0) 511 - 998 + 178

Deferred availability cash items (419) 2,602 + 115 - 134

Other liabilities and accrued dividends14 6,725 + 248 + 3,294

Total liabilities (419) 1,953,486 - 37,858 +1,073,877

Capital accounts

Capital paid in 24,522 + 6 + 4,585

Surplus 21,297 + 8 + 2,796

Other capital accounts 3,749 - 582 + 1,803

Total capital 49,567 - 570 + 9,184

H.4.1

9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)

Millions of dollars

Change since

Wednesday

 Jul 30, 2008

Eliminations from

consolidation Wednesday

 Jul 29, 2009

Wednesday

 Jul 22, 2009

Assets, liabilities, and capital

Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

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. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the

underlying mortgages.

5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.

6. Refer to table 7 and the note on consolidation accompanying table 10.

7. Refer to table 8 and the note on consolidation accompanying table 10.

8. Refer to table 4 and the note on consolidation accompanying table 10.

9. Refer to table 5 and the note on consolidation accompanying table 10.

10. Refer to table 6 and the note on consolidation accompanying table 10.

11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to

the foreign central bank. This exchange rate equals the market exchange rate used when the foreign currency was acquired from the foreign

central bank.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.

13. Cash value of agreements, which are collateralized by U.S. Treasury securities.

14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden

Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other than the Federal Reserve Bank of New York, including liabilities that

have recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 8 and the note on consolidation accompanying table

10.
    22, 22, 11,  11, 1, 8,           1, 1, - 3, 22,

 329 71 42 55,043 52,675 27,257 722 26,535 4,149 21,268 0 2,260 109 0 0 0 0 0 51 135 879 2,260 - 23,671 35,140

 911 212 232 150,333 145,496 75,289 1,994 73,295 11,461 58,746 0 3,575 1,262 0 0 0 0 0 65 209 2,948 6,303 - 52,449 108,763

 1,356 166 229 165,467 162,001 83,829 2,220 81,610 12,761 65,410 0 3,245 221 0 0 0 0 0 185 222 6,754 8,047 - 34,086 148,340

 882 147 244 52,295 48,454 25,073 664 24,409 3,817 19,564 0 3,399 442 0 0 0 0 0 43 238 25,060 9,028 + 162,309 250,245

 467 104 157 59,886 53,121 27,488 728 26,760 4,184 21,448 0 6,765 0 0 0 0 0 0 3 147 6,504 3,856 - 5,226 65,898

 412 115 63 37,096 25,793 13,347 353 12,993 2,032 10,414 0 10,317 986 0 0 0 0 0 36 121 3,538 2,014 + 12,861 56,255

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements, term

auction credit, and other loans

Securities held outright1

U.S. Treasury securities

Bills2Notes and bonds3

Federal agency debt securities2Mortgage-backed securities4

Repurchase agreements5Term auction creditOther loans

Net portfolio holdings of Commercial

Paper Funding Facility LLC6

Net portfolio holdings of LLCs funded

through the Money Market InvestorFunding Facility7

Net portfolio holdings of Maiden

Lane LLC8

Net portfolio holdings of Maiden

Lane II LLC9

Net portfolio holdings of Maiden

Lane III LLC10

Items in process of collectionBank premisesCentral bank liquidity swaps11

Other assets12Interdistrict settlement account

Total assets

 11,037 2,200 1,895 1,692,070 1,344,561 695,758 18,423 677,335 105,915 542,888 0 237,621 109,888 67,300 0 25,870 15,144 21,137 649 2,215 87,738 76,218 0 2,003,472

 450 83 158 28,941 20,860 10,794 286 10,508 1,643 8,422 0 8,027 55 0 0 0 0 0 86 68 9,701 3,583 + 12,377 55,448

 3,895 874 75 810,631 525,556 271,955 7,201 264,754 41,400 212,201 0 179,566 105,510 67,300 0 25,870 15,144 21,137 -1 231 22,918 26,633 - 9,878 984,829

H.4.110. Statement of Condition of Each Federal Reserve Bank, July 29, 2009Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

Assets, liabilities, and capital
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 agreements13

Deposits

Depository institutionsU.S. Treasury, general accountU.S. Treasury, supplementary financing accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends14

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.H.4.110. Statement of Condition of Each Federal Reserve Bank, July 29, 2009 (continued)Millions of dollars

Assets, liabilities, and capital

 35,786 4,931 30,855 1,266 22,052 22,047 0 0 2 3 97 141 54,411 921 844 79 56,255

 1,056,278 185,703 870,575 66,010 1,007,573 747,124 57,825 199,936 2,178 511 3,021 6,725 1,953,905 24,522 21,297 3,749 2,003,472

 381,682 56,918 324,763 25,802 615,706 355,528 57,825 199,936 2,148 269 0 3,651 969,921 7,247 5,827 1,834 984,829

 39,914 6,891 33,023 1,024 15,745 15,741 0 0 4 0 387 150 50,329 2,607 2,316 196 55,448

 45,094 8,304 36,790 2,608 22,650 22,646 0 0 3 1 351 220 62,619 1,635 1,552 92 65,898

 83,301 12,872 70,429 2,379 163,441 163,220 0 0 11 210 118 431 236,798 6,809 5,981 657 250,245

 132,148 26,920 105,228 7,953 31,059 31,049 0 0 3 7 340 509 145,089 1,562 1,612 77 148,340

 86,245 13,513 72,732 7,143 26,505 26,501 0 0 1 3 284 431 107,096 793 704 170 108,763

 31,000 4,357 26,643 2,586 5,097 5,082 0 0 0 15 112 198 34,636 238 209 57 35,140

 19,8 3,3 16,5 1,0 3,0 3,0     3 1 21,1 6 3 2 22,3
1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

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 4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal balance of the underlyin5. Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.6. Refer to table 7 and the note on consolidation below.7. Refer to table 8 and the note on consolidation below.8. Refer to table 4 and the note on consolidation below.9. Refer to table 5 and the note on consolidation below.10. Refer to table 6 and the note on consolidation below.11. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the fore

equals the market exchange rate used when the foreign currency was acquired from the foreign central bank.

12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.13. Cash value of agreements, which are collateralized by U.S. Treasury securities.14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, M

LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio holdings of these LLCs. Refnote on consolidation below.

H.4.1

Note on consolidation:The Federal Reserve Bank of New York (FRBNY) has extended loans to several limited liability companies under the authority of section 13(3) of the Federawas extended to Maiden Lane LLC, which was formed to acquire certain assets of Bear Stearns. On October 27, 2008, the FRBNY began extending loans to Commwas formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authseries of LLCs funded through the Money Market Investor Funding Facility. These LLCs, which became operational on November 24, 2008, were established denominated certificates of deposit, bank notes, and commercial paper from eligible issuers. On November 25, 2008, a loan was extended to Maiden Lane IImulti-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap cowas extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment pInternational Group, Inc.The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. Consistent with generally aassets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the preparation of the statements of condition shown on consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs appear as assets on the previous page (and in of the LLCs to entities other than the FRBNY, including those with recourse only to the portfolio holdings of the LLCs, are included in other liabilities in this tab

10. Statement of Condition of Each Federal Reserve Bank, July 29, 2009 (continued)
H.4.1

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, agency debt, and mortgage-backed securities pledged1,2

Other assets pledged

Memo:Total U.S. Treasury, agency debt, and mortgage-backed securities1,2

Less: Face value of securities under reverse repurchase agreements

U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged

11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' AccountsMillions of dollars

Federal Reserve notes and collateral Wednesday

 Jul 29, 2009

Note: Components may not sum to totals because of rounding.1. Includes face value of U.S. Treasury, agency debt, and mortgage-backed 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.

2. Includes securities lent to dealers under the overnight and term securities lending facilities; refer to table 1A.

 1,056,278 185,703 870,575 870,575 11,037 2,200 857,338 0 1,344,561 65,656 1,278,905