FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             April 20, 2006
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at           Apr 19, 2006 Apr 12, 2006 Apr 20, 2005 Apr 19, 2006
Federal Reserve Banks

Reserve Bank Credit                                         823,734    +   5,857    +  38,111      819,128
 Securities held outright                                   758,571    +      12    +  41,173      758,575       
    U.S. Treasury (1)                                       758,571    +      12    +  41,173      758,575
       Bills (2)                                            275,370            0    +  12,365      275,370
       Notes and bonds, nominal (2)                         457,177            0    +  24,292      457,177
       Notes and bonds, inflation-indexed (2)                22,646            0    +   3,538       22,646
       Inflation compensation (3)                             3,378    +      13    +     978        3,382
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    26,321    +   6,857    -   1,143       21,250
 Loans to depository institutions                                87    -     513    +       2           88
    Primary credit                                                3    -     523    -       2            8
    Secondary credit                                              0            0            0            0
    Seasonal credit                                              84    +      10    +       4           80
 Float                                                       -1,244    -     851    -     770         -893
 Other Federal Reserve assets                                39,999    +     352    -   1,151       40,108
Gold stock                                                   11,043            0    +       2       11,043
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            36,693    +      14    +     148       36,693
       
Total factors supplying reserve funds                       873,671    +   5,872    +  38,261      869,065
                                                                   
Currency in circulation(5)                                  789,936    +     432    +  36,573      790,970
Reverse repurchase agreements (6)                            25,410    +   1,764    +   1,641       24,729
   Foreign official and international accounts               25,410    +   1,764    +   1,641       24,729
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          208    +       8    -      61          202
Deposits with F.R.Banks, other than reserve balances         12,997    -     234    -   1,041       13,218       
  U.S. Treasury, general account                              4,999    -     127    -     202        5,245
  Foreign official                                               83    -       3    -      19           85
  Service-related                                             7,608    -     121    -     818        7,608
     Required clearing balances                               7,608    -     121    -     818        7,608
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         308    +      18    -       3          281
Other liabilities and capital                                33,021    +      20    +   4,378       32,964

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  861,573    +   1,991    +  41,491      862,084

Reserve balances with Federal Reserve Banks                  12,098    +   3,881    -   3,230        6,981
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,604,704    +  12,328    + 215,696    1,607,334
     U.S. Treasury                                        1,130,330    +   5,668    +  55,689    1,129,993
     Federal agency                                         474,374    +   6,661    + 160,007      477,341
  Securities lent to dealers                                    737    -     355    -     148        1,023   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
2  Face value of the securities. 
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation Apr 19, 2006     Apr 12, 2006     Apr 20, 2005

Assets
Gold certificate account                                        11,039                0        +       2
Special drawing rights certificate account                       2,200                0                0
Coin                                                               801        +       3        +      85
Securities, repurchase agreements, and loans                   779,913        -   1,155        +  38,666
   Securities held outright                                    758,575        +      12        +  41,166
      U.S. Treasury (1)                                        758,575        +      12        +  41,166       
         Bills (2)                                             275,370                0        +  12,365
         Notes and bonds, nominal (2)                          457,177                0        +  24,292
         Notes and bonds, inflation-indexed (2)                 22,646                0        +   3,538
         Inflation compensation (3)                              3,382        +      12        +     972
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    21,250        +   2,500        -   2,500    
   Loans                                                            88        -   3,667                0
Items in process of collection                    (1,005)        5,416        +     313        -   1,794
Bank premises                                                    1,833                0        +      28
Other assets (5)                                                38,269        +     299        -   1,157
      Total assets                                (1,005)      839,471        -     540        +  35,830
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  755,276        -     358        +  36,742
Reverse repurchase agreements (6)                               24,729        +     713        -     371
Deposits                                              (0)       20,194        -   1,161        -   4,132       
  Depository institutions                                       14,583        -   2,063        -   5,241
  U.S. Treasury, general account                                 5,245        +     911        +   1,143
  Foreign official                                                  85        -       5        +       1
  Other                                               (0)          281        -       4        -      34
Deferred availability cash items                  (1,005)        6,309        -     146        -     845
Other liabilities and accrued dividends (7)                      4,594        -      44        +   1,331
      Total liabilities                           (1,005)      811,101        -     997        +  32,724
                          
Capital Accounts
Capital paid in                                                 13,751        -      20        +   1,019
Surplus                                                         12,901                0        +   1,581
Other capital accounts                                           1,717        +     476        +     505
      Total capital                                             28,370        +     457        +   3,105


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,     April 19, 2006
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days              84       60,915   +  11,092            0           0       21,250       24,729
16 days to 90 days           4      167,450   -   4,677            0           0            0            0
91 days to 1 year            0      178,998   -   6,414            0           0     ------      ------
Over 1 to 5 years     ------        215,827   +       4            0           0     ------      ------
Over 5 to 10 years    ------         55,382   +       2            0           0     ------      ------
Over 10 years         ------         80,003   +       5            0           0     ------      ------
                   		 	
All                         88      758,575   +      12            0           0       21,250      24,729

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on     April 19, 2006
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                      11,039        486      4,141        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             801         41         65         47         59         70         90         98         45         39         64         71        112
Securities, repurchase agreements,
      and loans                              779,913     36,206    302,019     32,934     32,755     63,015     63,505     69,692     24,107     15,439     22,221     34,046     83,973
   Securities held outright                  758,575     36,198    280,769     32,934     32,755     63,015     63,505     69,652     24,101     15,421     22,213     34,044     83,967
      U.S. Treasury (1)                      758,575     36,198    280,769     32,934     32,755     63,015     63,505     69,652     24,101     15,421     22,213     34,044     83,967
         Bills (2)                           275,370     13,140    101,922     11,955     11,890     22,875     23,053     25,284      8,749      5,598      8,063     12,358     30,481
         Notes and bonds(3)                  483,205     23,058    178,847     20,979     20,865     40,140     40,452     44,368     15,352      9,823     14,149     21,686     53,486
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                21,250          0     21,250          0          0          0          0          0          0          0          0          0          0
      Loans                                       88          8          0          0          0          0          0         40          6         18          8          2          7
Items in process of collection                 6,421        348        366        312      1,026        375        785        351        -16        258        531        882      1,204
Bank premises                                  1,833        113        205         55        157        153        232        210         69        118         96        259        166
Other assets(5)                               38,269      1,231     13,876      1,808      2,240      6,811      2,689      2,728        767        700        725        965      3,730
Interdistrict settlement account                   0    - 1,079    - 3,728    +   841    -   251    + 2,875    + 2,435    - 5,003    +   146    +    71    + 1,771    - 2,452    + 4,375
          Total Assets                       840,477     37,462    317,818     36,542     36,536     74,298     70,926     69,235     25,517     16,866     25,797     34,443     95,037

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on     April 19, 2006
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             915,349     38,703    334,073     39,452     36,973     73,531     86,535     75,987     27,696     17,591     27,397     49,169    108,241
  Less: notes held by F.R. Banks              160,074      4,687     43,529      6,870      5,857     12,565     22,714     13,117      4,127      2,460      4,020     17,923     22,204
    Federal Reserve notes, net                755,276     34,016    290,544     32,582     31,117     60,967     63,821     62,870     23,568     15,131     23,377     31,246     86,037
Reverse repurchase agreements (1)              24,729      1,180      9,153      1,074      1,068      2,054      2,070      2,271        786        503        724      1,110      2,737
Deposits                                       20,194        848      8,142        445      1,417      2,240      1,625      1,481        526        273        576        763      1,857
  Depository institutions                      14,583        847      2,670        442      1,413      2,125      1,622      1,478        525        272        575        761      1,853
  U.S. Treasury, general account                5,245          0      5,245          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 85          1         56          2          3         11          3          3          0          1          1          0          4
  Other                                           281          0        171          0          1        104          0          0          0          0          1          2          0
Deferred availability cash items                7,314        503        766        706        648        630        846        336        144        331        602        660      1,143
Other liabilities and accrued                 
  dividends (2)                                 4,594        231      1,524        212        227        475        393        417        168        124        149        214        459
   
    Total liabilities                         812,107     36,778    310,128     35,019     34,476     66,366     68,756     67,375     25,192     16,362     25,429     33,993     92,234
                              
Capital                    
Capital paid in                                13,751        324      3,670        727      1,000      3,949      1,051        896        148        244        173        211      1,358
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   1,717         43        335         51         46        676        227         88         33         16         21         87         95
     Total liabilities and capital            840,477     37,462    317,818     36,542     36,536     74,298     70,926     69,235     25,517     16,866     25,797     34,443     95,037
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                          Apr 19, 2006
              
Federal Reserve notes outstanding             915,349
   Less: Notes held by F.R. Banks
         not subject to collateralization     160,074
      Federal Reserve Notes to be
         collateralized                       755,276 
Collateral held against Federal Reserve            
   notes                                      755,276
   Gold certificate account                    11,039
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              742,037
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         779,825
   Less:face value of securities under
         reverse repurchase agreements         24,760
      U.S. Treasury and agency securities
             eligible to be pledged           755,065
   

Note: Components may not sum to totals because of rounding.

1  Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face 
   value of inflation-indexed securities, and cash value of repurchase agreements.