FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                               June 4, 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 3, 2009 May 27, 2009  Jun 4, 2008  Jun 3, 2009

Reserve Bank credit                                       2,066,244   -    8,213   +1,188,487    2,062,004
  Securities held outright                                1,114,473   +    6,239   +  627,564    1,115,772       
    U.S. Treasury securities (1)                            606,158   +    8,579   +  119,249      606,168
      Bills (2)                                              18,423            0   -   11,646       18,423
      Notes and bonds, nominal (2)                          540,022   +    7,057   +  127,630      540,022
      Notes and bonds, inflation-indexed (2)                 42,803   +    1,328   +    3,632       42,803
      Inflation compensation (3)                              4,910   +      194   -      367        4,921
    Federal agency debt securities (2)                       80,704   +      951   +   80,704       81,971
    Mortgage-backed securities (4)                          427,612   -    3,290   +  427,612      427,633
  Repurchase agreements (5)                                       0            0   -  114,107            0
  Term auction credit                                       372,540   -        1   +  222,540      372,540  
  Other loans                                               126,054   +    1,822   +  101,795      124,239
    Primary credit                                           41,930   +    3,777   +   26,009       42,086
    Secondary credit                                              1   -       28   +        1            0
    Seasonal credit                                              12   -        3   -       65           15
    Primary dealer and other broker-dealer credit (6)             0            0   -    8,261            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                         25,093   -    1,330   +   25,093       23,635
    Credit extended to American International
      Group, Inc. (7)                                        43,578   -      579   +   43,578       43,123
    Term Asset-Backed Securities Loan Facility               15,440   -       14   +   15,440       15,380
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                145,139   -    9,555   +  145,139      142,635
  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)             25,772   +       84   +   25,772       25,831
  Net portfolio holdings of Maiden Lane II LLC (11)          16,260   +       85   +   16,260       16,263
  Net portfolio holdings of Maiden Lane III LLC (12)         20,395   +       28   +   20,395       20,446
  Float                                                      -1,857   +      118   -      611       -2,306
  Central bank liquidity swaps (13)                         176,833   -    8,099   +  114,833      175,742
  Other Federal Reserve assets (14)                          70,634   +    1,066   +   28,904       70,840
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           42,387   +       14   +    3,582       42,387
       
Total factors supplying reserve funds                     2,121,872   -    8,199   +1,192,069    2,117,632

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 3, 2009 May 27, 2009  Jun 4, 2008  Jun 3, 2009

Currency in circulation (15)                                908,852   +      148   +   85,410      909,082
Reverse repurchase agreements (16)                           66,316   -    3,712   +   27,322       67,420
  Foreign official and international accounts                66,316   -    3,712   +   27,322       67,420
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          301   +        3   +       21          298
Deposits with F.R. Banks, other than reserve balances       239,487   +    5,921   +  227,210      247,130       
  U.S. Treasury, general account                             32,573   +    5,881   +   27,729       37,634
  U.S. Treasury, supplementary financing account            199,933   +        1   +  199,933      199,933
  Foreign official                                            1,981   -      399   +    1,882        1,901
  Service-related                                             4,226            0   -    2,844        4,226
    Required clearing balances                                4,226            0   -    2,844        4,226
    Adjustments to compensate for float                           0            0            0            0
  Other                                                         774   +      438   +      510        3,436
Other liabilities and capital (17)                           51,890   +      724   +    7,593       52,014

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,266,846   +    3,084   +  347,555    1,275,946

Reserve balances with Federal Reserve Banks                 855,027   -   11,282   +  844,515      841,687
                                                                
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 3, 2009 May 27, 2009  Jun 4, 2008  Jun 3, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,731,657   +    7,434   +  430,254    2,735,569
  U.S. Treasury securities                                1,919,090   +    9,153   +  568,536    1,924,703
  Federal agency securities (2)                             812,567   -    1,719   -  138,283      810,866
Securities lent to dealers                                   33,905   +    2,435   -   81,713       36,239   
  Overnight facility (3)                                      6,555   +    3,178   -    9,395        8,889
  Term facility (4,5)                                        27,350   -      743   -   72,319       27,350

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 3, 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 3, 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                  233,193     139,347         ---          ---           ---        ---     372,540
Other loans (1)                       34,269      31,389           79      58,503           ---        ---     124,239
U.S. Treasury securities (2) 
  Holdings                            16,692      24,417       60,942     247,670       138,134    118,313     606,168
  Weekly changes                  +    1,074  -    1,274   -      823  +    6,137    +      901 +       11  +    6,026
Federal agency debt securities (3) 
  Holdings                                 0         196        6,167      54,972        19,820        816      81,971
  Weekly changes                           0           0   +      662  -      662    +    1,937 +      281  +    2,218
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    427,633     427,633
  Weekly changes                           0           0            0           0             0 +       81  +       81
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                    18,092     121,523            0         ---           ---        ---     139,616
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)     103,784      71,958            0           0             0          0     175,742

Reverse repurchase agreements (7)     67,420           0          ---         ---           ---        ---      67,420
  
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 3, 2009

Mortgage-backed securities held outright (1)                                                       427,633

Commitments to buy mortgage-backed securities (2)                                                  209,542
Commitments to sell mortgage-backed securities (2)                                                 116,154

Cash and cash equivalents (3)                                                                        1,095

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 3, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       25,831

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)                                   329
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,213
 
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 3, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     16,263

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            17,877
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    142
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,017

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 3, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    20,446

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            22,992
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    193
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,096

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 3, 2009

Commercial paper holdings, net (1)                                                                  138,914
Other investments, net                                                                                3,721
Net portfolio holdings of Commercial Paper Funding Facility LLC                                     142,635

Memorandum: Commercial paper holdings, face value                                                   139,616

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           138,736
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     41

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 3, 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 3, 2009     May 27, 2009      Jun 4, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,785       -        5       +      460
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,612,552       +    8,993       +  835,073
  Securities held outright                                      1,115,772       +    8,325       +  628,835
    U.S. Treasury securities (1)                                  606,168       +    6,026       +  119,231       
      Bills (2)                                                    18,423                0       -   11,646
      Notes and bonds, nominal (2)                                540,022       +    6,000       +  127,630
      Notes and bonds, inflation-indexed (2)                       42,803                0       +    3,632
      Inflation compensation (3)                                    4,921       +       27       -      384
    Federal agency debt securities (2)                             81,971       +    2,218       +   81,971
    Mortgage-backed securities (4)                                427,633       +       81       +  427,633
  Repurchase agreements (5)                                             0                0       -  119,750    
  Term auction credit                                             372,540                0       +  222,540
  Other loans                                                     124,239       +      667       +  103,446
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                        142,635       -    6,754       +  142,635
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)                      25,831       +      114       +   25,831
Net portfolio holdings of Maiden Lane II LLC (9)                   16,263       +       11       +   16,263
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         20,446       +       67       +   20,446
Items in process of collection                         (542)        1,145       -      114       -      714
Bank premises                                                       2,194       -        4       +       42
Central bank liquidity swaps (11)                                 175,742       -    5,905       +  113,742
Other assets (12)                                                  67,411       +    1,178       +   28,047
     
      Total assets                                     (542)    2,079,241       -    2,418       +1,181,826

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 3, 2009     May 27, 2009      Jun 4, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  868,774       -    1,243       +   81,671
Reverse repurchase agreements (13)                                 67,420       +    1,541       +   25,300
Deposits                                                 (1)    1,087,581       -    2,857       +1,066,198       
  Depository institutions                                         844,677       -   32,334       +  828,927
  U.S. Treasury, general account                                   37,634       +   26,586       +   32,356
  U.S. Treasury, supplementary financing account                  199,933       +        1       +  199,933
  Foreign official                                                  1,901       -      231       +    1,803
  Other                                                  (1)        3,436       +    3,121       +    3,180
Deferred availability cash items                       (542)        3,451       -      669       +      596
Other liabilities and accrued dividends (14)                        6,317       +       34       +    2,612

      Total liabilities                                (542)    2,033,544       -    3,193       +1,176,380
                          
Capital accounts
Capital paid in                                                    24,066       +       39       +    4,143
Surplus                                                            19,845       +      671       +    1,359
Other capital accounts                                              1,786       +       65       -       56

      Total capital                                                45,697       +      775       +    5,446

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 3, 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                                           1,785         66         75        150        141        238        206        221         38         60        128        177        286
Securities, repurchase agreements, term
      auction credit, and other loans      1,612,552     58,538    749,062     32,785     51,022    105,711    151,202    128,319     47,607     19,419     52,684     58,320    157,882
  Securities held outright                 1,115,772     21,404    436,128     17,310     44,082     40,209    134,435    120,739     43,712     18,472     50,365     53,949    134,967
    U.S. Treasury securities (1)             606,168     11,628    236,936      9,404     23,949     21,845     73,035     65,594     23,747     10,035     27,362     29,309     73,324
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    587,746     11,275    229,735      9,118     23,221     21,181     70,815     63,600     23,026      9,730     26,530     28,418     71,096
    Federal agency debt securities (2)        81,971      1,572     32,040      1,272      3,239      2,954      9,876      8,870      3,211      1,357      3,700      3,963      9,915
    Mortgage-backed securities (4)           427,633      8,203    167,151      6,634     16,895     15,411     51,524     46,275     16,753      7,080     19,303     20,677     51,728
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        372,540     13,337    216,558     15,324      6,940     64,993     16,559      5,900      3,834        771      2,301      4,195     21,830     
  Other loans                                124,239     23,797     96,377        152          0        509        208      1,681         61        176         18        176      1,085
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)             142,635          0    142,635          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)                                     25,831          0     25,831          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             16,263          0     16,263          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           20,446          0     20,446          0          0          0          0          0          0          0          0          0          0
Items in process of collection                 1,687         37          0        328        190         79         86         40        451         67         77        236         98
Bank premises                                  2,194        122        215         67        146        237        222        207        135        112        271        248        213
Central bank liquidity swaps (11)            175,742      7,328     41,475     20,095     13,472     51,908     13,989      6,106      1,820      2,816      1,805      2,352     12,575
Other assets (12)                             67,411      1,853     23,315      3,423      3,500      8,755      6,957      5,315      1,918      1,107      2,144      2,366      6,758
Interdistrict settlement account                   0  +  13,303  -  49,893  +   2,377  +   8,992  +  87,675  -  20,873  -  36,268  -  15,470  -     721  -   1,968  -   1,798  +  14,645

      Total assets                         2,079,783     81,773    974,194     59,757     78,035    255,630    153,312    105,063     36,897     23,089     55,541     62,620    193,873

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 3, 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           1,050,192     36,488    374,513     40,262     45,239     80,710    132,435     87,351     31,279     20,021     28,819     62,786    110,289
  Less: Notes held by F.R. Banks              181,418      4,684     57,824      5,350      7,832     11,931     27,983     12,543      4,071      2,940      3,315     19,022     23,922
    Federal Reserve notes, net                868,774     31,804    316,689     34,912     37,406     68,779    104,452     74,808     27,207     17,080     25,504     43,764     86,368
Reverse repurchase agreements (13)             67,420      1,293     26,353      1,046      2,664      2,430      8,123      7,296      2,641      1,116      3,043      3,260      8,155
Deposits                                    1,087,582     46,560    616,030     17,976     34,093    170,599     36,684     20,518      6,137      3,309     26,141     14,565     94,972
  Depository institutions                     844,677     46,553    373,281     17,972     34,090    170,503     36,680     20,515      6,123      3,308     26,120     14,564     94,969
  U.S. Treasury, general account               37,634          0     37,634          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,933          0    199,933          0          0          0          0          0          0          0          0          0          0
  Foreign official                              1,901          2      1,872          4          3         11          3          1          0          1          0          1          3
  Other                                         3,436          6      3,309          0          0         85          0          1         14          0         20          0          0
Deferred availability cash items                3,992        108          0        757        382        155        340        427        234        334        263        262        729
Other liabilities and accrued                 
  dividends (14)                                6,317        148      3,505        184        213        521        418        339        169        118        140        191        372
   
      Total liabilities                     2,034,086     79,914    962,577     54,876     74,758    242,482    150,018    103,387     36,388     21,957     55,091     62,042    190,596
                              
Capital                    
Capital paid in                                24,066        920      7,243      2,427      1,619      6,555      1,562        795        238        633        207        273      1,594
Surplus                                        19,845        844      4,375      2,316      1,552      5,981      1,612        704        210        324        208        271      1,449
Other capital                                   1,786         94          0        139        105        611        120        177         62        174         35         34        234

      Total liabilities and capital         2,079,783     81,773    974,194     59,757     78,035    255,630    153,312    105,063     36,897     23,089     55,541     62,620    193,873
                              
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 3, 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 3, 2009
              
Federal Reserve notes outstanding                                                                1,050,192
  Less: Notes held by F.R. Banks not subject to collateralization                                  181,418
    Federal Reserve notes to be collateralized                                                     868,774 
Collateral held against Federal Reserve notes                                                      868,774
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         855,538
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,115,772
  Less: Face value of securities under reverse repurchase agreements                                66,946
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,048,826
   
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.