FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              June 18, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Jun 17, 2009 Jun 10, 2009 Jun 18, 2008 Jun 17, 2009

Reserve Bank credit                                       2,055,121   +   29,406   +1,177,202    2,056,342
  Securities held outright                                1,176,290   +   42,766   +  697,580    1,184,397       
    U.S. Treasury securities (1)                            633,129   +   10,877   +  154,419      638,668
      Bills (2)                                              18,423            0   -    3,317       18,423
      Notes and bonds, nominal (2)                          566,937   +   10,849   +  154,545      572,466
      Notes and bonds, inflation-indexed (2)                 42,803            0   +    3,632       42,803
      Inflation compensation (3)                              4,966   +       28   -      441        4,976
    Federal agency debt securities (2)                       87,824   +    3,968   +   87,824       89,765
    Mortgage-backed securities (4)                          455,337   +   27,921   +  455,337      455,964
  Repurchase agreements (5)                                       0            0   -  124,643            0
  Term auction credit                                       336,566            0   +  186,566      336,566  
  Other loans                                               123,738   +    4,128   +  101,723      122,972
    Primary credit                                           36,182   -      692   +   22,811       36,595
    Secondary credit                                              0   -        1            0            0
    Seasonal credit                                              22   +        9   -       48           28
    Primary dealer and other broker-dealer credit (6)             0            0   -    8,574            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                         19,410   -    1,748   +   19,410       18,598
    Credit extended to American International
      Group, Inc. (7)                                        42,904   -      594   +   42,904       42,535
    Term Asset-Backed Securities Loan Facility               25,219   +    7,152   +   25,219       25,216
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                136,003   -    4,824   +  136,003      132,082
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             25,881   +       42   +   25,881       25,875
  Net portfolio holdings of Maiden Lane II LLC (11)          15,943   +        4   +   15,943       15,954
  Net portfolio holdings of Maiden Lane III LLC (12)         20,029   +      153   +   20,029       20,142
  Float                                                      -2,135   +       51   -      842       -2,153
  Central bank liquidity swaps (13)                         150,282   -   15,574   +   88,282      148,563
  Other Federal Reserve assets (14)                          72,525   +    2,661   +   30,681       71,945
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           42,415   +       14   +    3,674       42,415
       
Total factors supplying reserve funds                     2,110,777   +   29,419   +1,180,876    2,111,998

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Jun 17, 2009 Jun 10, 2009 Jun 18, 2008 Jun 17, 2009

Currency in circulation (15)                                907,329   -      221   +   84,689      907,846
Reverse repurchase agreements (16)                           69,091   +    1,983   +   28,837       70,166
  Foreign official and international accounts                69,091   +    1,983   +   28,837       70,166
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          305   +        6   +       26          313
Deposits with F.R. Banks, other than reserve balances       262,248   +   12,266   +  249,813      340,145       
  U.S. Treasury, general account                             42,257   +   10,865   +   37,331      132,837
  U.S. Treasury, supplementary financing account            199,939   +        3   +  199,939      199,939
  Foreign official                                            3,144   +    1,087   +    3,044        2,858
  Service-related                                             4,217   +        1   -    2,916        4,217
    Required clearing balances                                4,217   +        1   -    2,916        4,217
    Adjustments to compensate for float                           0            0            0            0
  Other                                                      12,692   +      311   +   12,416          294
Other liabilities and capital (17)                           54,188   +    2,135   +   10,163       53,809

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,293,162   +   16,170   +  373,528    1,372,279

Reserve balances with Federal Reserve Banks                 817,616   +   13,250   +  807,349      739,719
                                                                
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. 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.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Jun 17, 2009 Jun 10, 2009 Jun 18, 2008 Jun 17, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,751,710   +    2,114   +  434,664    2,752,483
  U.S. Treasury securities                                1,941,474   +    4,605   +  581,547    1,945,646
  Federal agency securities (2)                             810,236   -    2,491   -  146,883      806,837
Securities lent to dealers                                   26,355   -    1,124   -   93,011       26,839   
  Overnight facility (3)                                     10,605   +      533   +    3,159       11,089
  Term facility (4,5)                                        15,750   -    1,657   -   96,170       15,750

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. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt
   securities.
5. On      June 17, 2009, option contracts on draws on the Term Securities Lending Facility totaling $    12,000 
   million were outstanding.  The exercise date for the options is     June 24, 2009, and the draws have a
   term of     June 25, 2009 through      July 2, 2009.  


2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,      June 17, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                  197,219     139,347         ---          ---           ---        ---     336,566
Other loans (1)                       33,516      21,627           79      67,751             0        ---     122,972
U.S. Treasury securities (2) 
  Holdings                            17,661      22,908       61,204     261,617       153,325    121,952     638,668
  Weekly changes                  +    4,489  -    5,029   +      259  +    6,424    +      207 +    3,627  +    9,978
Federal agency debt securities (3) 
  Holdings                                 0         946        5,926      62,251        19,826        816      89,765
  Weekly changes                           0  +      750   -      241  +    2,881    +        6          0  +    3,396
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    455,964     455,964
  Weekly changes                           0           0            0           0             0 +   28,548  +   28,548
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                    19,391     109,410            0         ---           ---        ---     128,801
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)      87,576      60,987            0           0             0          0     148,563

Reverse repurchase agreements (7)     70,166           0          ---         ---           ---        ---      70,166
  
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.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Jun 17, 2009

Mortgage-backed securities held outright (1)                                                       455,964

Commitments to buy mortgage-backed securities (2)                                                  145,381
Commitments to sell mortgage-backed securities (2)                                                  41,494

Cash and cash equivalents (3)                                                                        1,248

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.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Jun 17, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       25,875

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           28,820
Accrued interest payable to the Federal Reserve Bank of New York (2)                                   334
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,215
 
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     March 31, 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.



5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jun 17, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,954

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            17,553
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    151
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,019

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     March 31, 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.


6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jun 17, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    20,142

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            22,400
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    204
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,102

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     March 31, 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.


7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jun 17, 2009

Commercial paper holdings, net (1)                                                                  128,250
Other investments, net                                                                                3,832
Net portfolio holdings of Commercial Paper Funding Facility LLC                                     132,082

Memorandum: Commercial paper holdings, face value                                                   128,801

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           127,997
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     44

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. dollar-denominated commercial paper from eligible issuers 
and thereby foster liquidity in short-term funding markets and increase the availability of credit for 
businesses and households.


8. Information on Principal Accounts of LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jun 17, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                 0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                      0
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                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.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Jun 17, 2009     Jun 10, 2009     Jun 18, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,781                0       +      452
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,643,934       +   40,901       +  859,811
  Securities held outright                                      1,184,397       +   41,922       +  705,663
    U.S. Treasury securities (1)                                  638,668       +    9,978       +  159,934       
      Bills (2)                                                    18,423                0       -    3,317
      Notes and bonds, nominal (2)                                572,466       +    9,950       +  160,074
      Notes and bonds, inflation-indexed (2)                       42,803                0       +    3,632
      Inflation compensation (3)                                    4,976       +       28       -      455
    Federal agency debt securities (2)                             89,765       +    3,396       +   89,765
    Mortgage-backed securities (4)                                455,964       +   28,548       +  455,964
  Repurchase agreements (5)                                             0                0       -  133,500    
  Term auction credit                                             336,566                0       +  186,566
  Other loans                                                     122,972       -    1,020       +  101,083
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                        132,082       -    6,358       +  132,082
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      25,875       -        7       +   25,875
Net portfolio holdings of Maiden Lane II LLC (9)                   15,954       +       13       +   15,954
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         20,142       +      132       +   20,142
Items in process of collection                         (410)          719       +      127       -      302
Bank premises                                                       2,200       +        4       +       46
Central bank liquidity swaps (11)                                 148,563       -   15,671       +   86,563
Other assets (12)                                                  69,752       +    1,277       +   29,873
     
      Total assets                                     (410)    2,074,239       +   20,418       +1,170,495

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Jun 17, 2009     Jun 10, 2009     Jun 18, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  867,521       -      910       +   80,987
Reverse repurchase agreements (13)                                 70,166       +    3,123       +   28,357
Deposits                                                 (0)    1,079,880       +   16,552       +1,051,192       
  Depository institutions                                         743,952       -   71,705       +  719,803
  U.S. Treasury, general account                                  132,837       +  115,671       +  128,665
  U.S. Treasury, supplementary financing account                  199,939       +        3       +  199,939
  Foreign official                                                  2,858       +      349       +    2,757
  Other                                                  (0)          294       -   27,767       +       27
Deferred availability cash items                       (410)        2,863       -        6       +       61
Other liabilities and accrued dividends (14)                        6,480       +      438       +    2,797

      Total liabilities                                (410)    2,026,910       +   19,196       +1,163,394
                          
Capital accounts
Capital paid in                                                    24,247       +        2       +    4,369
Surplus                                                            21,170       +      755       +    2,684
Other capital accounts                                              1,913       +      466       +       49

      Total capital                                                47,330       +    1,223       +    7,103

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. 


10. Statement of Condition of Each Federal Reserve Bank,      June 17, 2009
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        412      3,895        450        467        882      1,356        911        329        197        335        621      1,182
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,781         63         72        148        141        234        209        219         40         60        129        179        288
Securities, repurchase agreements, term
      auction credit, and other loans      1,643,934     55,850    777,170     37,450     53,514     87,544    149,328    135,173     49,723     20,192     55,718     61,134    161,138
  Securities held outright                 1,184,397     22,720    462,952     18,375     46,793     42,682    142,703    128,164     46,400     19,608     53,463     57,267    143,269
    U.S. Treasury securities (1)             638,668     12,252    249,640      9,908     25,233     23,016     76,951     69,111     25,021     10,573     28,829     30,881     77,255
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    620,245     11,898    242,439      9,623     24,505     22,352     74,731     67,117     24,299     10,268     27,997     29,990     75,027
    Federal agency debt securities (2)        89,765      1,722     35,087      1,393      3,546      3,235     10,815      9,714      3,517      1,486      4,052      4,340     10,858
    Mortgage-backed securities (4)           455,964      8,747    178,225      7,074     18,014     16,432     54,937     49,340     17,863      7,549     20,582     22,046     55,155
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        336,566     14,332    214,382     18,878      6,668     44,001      6,439      5,445      3,256        392      2,233      3,840     16,701     
  Other loans                                122,972     18,798     99,837        197         53        861        186      1,563         67        192         23         26      1,169
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)             132,082          0    132,082          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     25,875          0     25,875          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             15,954          0     15,954          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           20,142          0     20,142          0          0          0          0          0          0          0          0          0          0
Items in process of collection                 1,130         30          0        136         85        153        322         89         67         64         50         73         61
Bank premises                                  2,200        122        219         67        147        237        222        207        135        112        271        248        213
Central bank liquidity swaps (11)            148,563      6,009     38,467     16,477     11,047     42,563     11,471      5,007      1,492      2,309      1,480      1,929     10,312
Other assets (12)                             69,752      1,886     24,314      3,531      3,568      8,751      7,211      5,579      1,989      1,136      2,254      2,485      7,049
Interdistrict settlement account                   0  +   4,740  -  27,741  +     583  +  10,078  + 108,151  -  21,992  -  43,432  -  17,769  -   1,572  -  11,671  -   3,180  +   3,805

      Total assets                         2,074,650     69,227  1,011,323     58,927     79,150    248,662    148,293    103,964     36,077     22,528     48,632     63,586    184,281

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,      June 17, 2009 (continued)
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           1,052,256     36,466    377,051     40,277     45,184     81,813    131,870     87,294     31,217     19,995     28,745     62,468    109,875
  Less: Notes held by F.R. Banks              184,735      4,911     58,044      5,992      8,292     12,281     27,589     13,116      4,099      2,990      3,319     19,405     24,697
    Federal Reserve notes, net                867,521     31,555    319,007     34,285     36,891     69,532    104,282     74,178     27,118     17,004     25,426     43,063     85,179
Reverse repurchase agreements (13)             70,166      1,346     27,426      1,089      2,772      2,529      8,454      7,593      2,749      1,162      3,167      3,393      8,487
Deposits                                    1,079,880     34,224    648,411     17,882     35,599    162,768     31,521     19,794      5,413      2,769     19,226     16,109     86,164
  Depository institutions                     743,952     34,213    312,601     17,878     35,595    162,686     31,518     19,792      5,407      2,768     19,225     16,108     86,161
  U.S. Treasury, general account              132,837          0    132,837          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,939          0    199,939          0          0          0          0          0          0          0          0          0          0
  Foreign official                              2,858          2      2,828          4          3         11          3          1          0          1          0          1          3
  Other                                           294          9        205          0          1         71          0          1          6          0          1          0          0
Deferred availability cash items                3,273         85          0        444        372        220        277        325        100        314        194        220        724
Other liabilities and accrued                 
  dividends (14)                                6,480        150      3,532        197        224        538        436        360        174        122        152        199        396
   
      Total liabilities                     2,027,320     67,360    998,376     53,898     75,858    235,587    144,970    102,250     35,554     21,371     48,165     62,983    180,950
                              
Capital                    
Capital paid in                                24,247        920      7,247      2,607      1,620      6,556      1,562        791        238        633        207        273      1,592
Surplus                                        21,170        844      5,700      2,316      1,552      5,981      1,612        704        210        324        208        271      1,449
Other capital                                   1,913        102          0        106        121        538        150        220         76        200         52         59        289

      Total liabilities and capital         2,074,650     69,227  1,011,323     58,927     79,150    248,662    148,293    103,964     36,077     22,528     48,632     63,586    184,281
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,      June 17, 2009 (continued)

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 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 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 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 below.

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 Federal Reserve Act. On June 26, 2008, 
a loan was 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 Commercial Paper Funding 
Facility LLC, which was formed to purchase three-month U.S. dollar-denominated commercial paper from eligible issuers. On October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and commercial paper from eligible issuers.  On November 25, 2008, a loan was extended to Maiden Lane III LLC, 
which was formed to purchase multi-sector collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap 
contracts.  On December 12, 2008, a loan was extended to Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending 
reinvestment portfolio of subsidiaries of American International 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 accepted accounting principles, 
the assets 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 this release.  As a 
consequence of the 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 table 1 and 
table 9), and the liabilities 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 table (and table 1 and table 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Jun 17, 2009
              
Federal Reserve notes outstanding                                                                1,052,256
  Less: Notes held by F.R. Banks not subject to collateralization                                  184,735
    Federal Reserve notes to be collateralized                                                     867,521 
Collateral held against Federal Reserve notes                                                      867,521
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         854,284
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,184,397
  Less: Face value of securities under reverse repurchase agreements                                67,445
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,116,952
   
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.