For release at
4:30 p.m. EDT
July 30, 2009

The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks," has been modified to incorporate a loan restructuring
adjustment associated with the credit extended to American International Group, Inc. (AIG).  In addition,
the release incorporates updated valuations of the portfolio holdings of Maiden Lane LLC, Maiden Lane II
LLC, and Maiden Lane III LLC (collectively, LLCs), which are updated quarterly. 

Consistent with U.S. generally accepted accounting principles (GAAP), the reported value of the AIG
revolving credit extension has been reduced by a $1.3 billion adjustment for loan restructuring.  This
adjustment is related to the most recent loan modification, announced on March 2, 2009, which eliminated the
existing floor on the LIBOR rate.  In accordance with GAAP, this restructuring adjustment is intended to
recognize the economic effect of the reduced interest rate and will be recovered as the adjustment is
amortized over the remaining term of the credit extension.  The Federal Reserve expects that the credit
extension, including interest and commitment fees under the modified terms, will be fully repaid. 

The credit extended to AIG is listed in table 1 and has been renamed "Credit extended to American
International Group, Inc., net," and footnote 7, which is related to the credit extension, clarifies that
the loan is reported net of the unamortized commitment fees and is now reported net of the adjustment for
loan restructuring.  The credit extension is included in other loans in table 2, table 9, and table 10. 

The weekly average net portfolio holdings of the LLCs, shown in table 1, reflect holdings from Thursday,
July 23, 2009, through Wednesday, July 29, 2009.  The holdings for the first six days of this reporting week
are based on values as of the previous valuation dates for the LLCs.  The holdings for the final day of the
reporting week are based on values as of June 30, 2009.  The fair value of the net portfolio holdings is
updated quarterly. 

The weekly average balance of the AIG credit extension, shown on table 1, reflects the value before
recording the restructuring adjustment for the first six days and the value after recording the
restructuring adjustment for the final day of the reporting week. 

FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                              July 30, 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                                    Jul 29, 2009 Jul 22, 2009 Jul 30, 2008 Jul 29, 2009

Reserve Bank credit                                       2,010,048   -      611   +1,115,620    1,985,307
  Securities held outright (1)                            1,343,891   +   17,940   +  864,717    1,344,561       
    U.S. Treasury securities                                695,318   +    8,842   +  216,144      695,758
      Bills (2)                                              18,423            0   -    3,317       18,423
      Notes and bonds, nominal (2)                          627,146   +    8,571   +  214,754      627,575
      Notes and bonds, inflation-indexed (2)                 44,438   +      215   +    5,267       44,438
      Inflation compensation (3)                              5,311   +       56   -      560        5,323
    Federal agency debt securities (2)                      104,066   +    1,945   +  104,066      105,915
    Mortgage-backed securities (4)                          544,507   +    7,153   +  544,507      542,888
  Repurchase agreements (5)                                       0            0   -  113,714            0
  Term auction credit                                       237,629   -        5   +   87,629      237,621  
  Other loans                                               108,531   -    2,109   +   90,887      109,888
    Primary credit                                           33,803   +       55   +   16,351       36,370
    Secondary credit                                            105   +       74   +       16            0
    Seasonal credit                                              88   -        1   -       13           94
    Primary dealer and other broker-dealer credit (6)             0            0   -        3            0
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                          1,073   -    2,487   +    1,073          806
    Credit extended to American International
      Group, Inc., net (7)                                   43,054   -       78   +   43,054       42,196
    Term Asset-Backed Securities Loan Facility               30,408   +      328   +   30,408       30,422
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                 94,414   -   16,087   +   94,414       67,300
  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)             26,029   +       40   -    3,036       25,870
  Net portfolio holdings of Maiden Lane II LLC (11)          15,672   -       83   +   15,672       15,144
  Net portfolio holdings of Maiden Lane III LLC (12)         19,166   +      349   +   19,166       21,137
  Float                                                      -1,778   +      280   -      457       -2,372
  Central bank liquidity swaps (13)                          87,738   -    2,126   +   25,738       87,738
  Other Federal Reserve assets (14)                          78,756   +    1,191   +   34,604       78,420
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           42,487   +       14   +    3,811       42,487
       
Total factors supplying reserve funds                     2,065,776   -      597   +1,119,431    2,041,035

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                                    Jul 29, 2009 Jul 22, 2009 Jul 30, 2008 Jul 29, 2009

Currency in circulation (15)                                908,661   -       83   +   78,102      910,869
Reverse repurchase agreements (16)                           66,206   -    1,599   +   22,670       66,010
  Foreign official and international accounts                66,206   -    1,599   +   22,670       66,010
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          332   -       15   +       19          302
Deposits with F.R. Banks, other than reserve balances       268,912   -   11,724   +  256,142      265,601       
  U.S. Treasury, general account                             61,406   -   11,782   +   56,312       57,825
  U.S. Treasury, supplementary financing account            199,936            0   +  199,936      199,936
  Foreign official                                            2,032   +      296   +    1,931        2,178
  Service-related                                             5,152   -       12   -    2,101        5,152
    Required clearing balances                                5,152            0   -    2,101        5,152
    Adjustments to compensate for float                           0   -       12            0            0
  Other                                                         386   -      226   +       64          511
Other liabilities and capital (17)                           57,045   +      434   +   13,166       56,293

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,301,156   -   12,988   +  370,099    1,299,075

Reserve balances with Federal Reserve Banks                 764,620   +   12,391   +  749,332      741,959
                                                                
Note: Components may not sum to totals because of rounding.

1. Includes securities lent to dealers under the overnight and term securities lending facilities; refer
   to table 1A.  
2. Face value of the securities. 
3. Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed
   securities.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is 
   the remaining principal balance of the underlying mortgages.  
5. Cash value of agreements.
6. Includes credit extended through the Primary Dealer Credit Facility and credit extended to certain
   other broker-dealers.
7. Includes outstanding principal and capitalized interest net of unamortized deferred commitment fees and 
   allowance for loan restructuring.  Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when 
    the foreign currency is returned to the foreign central bank.  This exchange rate equals the market exchange 
    rate used when the foreign currency was acquired from the foreign central bank.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III LLC to entities other 
    than the Federal Reserve Bank of New York, including liabilities that have recourse only to the portfolio 
    holdings of these LLCs.  Refer to table 4 through table 8 and the note on consolidation accompanying table 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Jul 29, 2009 Jul 22, 2009 Jul 30, 2008 Jul 29, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,793,163   +    6,232   +  425,489    2,793,528
  U.S. Treasury securities                                2,001,173   +    5,378   +  616,755    2,002,283
  Federal agency securities (2)                             791,990   +      853   -  191,266      791,245
Securities lent to dealers                                   10,919   -      543   -  115,734       11,411   
  Overnight facility (3)                                      8,219   -      321   +    3,343        8,711
    U.S. Treasury securities                                  8,038   -      317   +    3,162        8,526
    Federal agency debt securities                              181   -        4   +      181          185
  Term facility (4)                                           2,700   -      221   -  119,077        2,700

Note: Components may not sum to totals because of rounding.

1. Face value of the securities.  Includes U.S. Treasury STRIPS, other zero-coupon bonds, and mortgage-backed 
   securities at face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.
4. U.S. Treasury securities only. Fully collateralized by U.S. Treasury securities, federal agency securities, and other highly rated debt securities. 






2. Maturity Distribution of Term Auction Credit, Other Loans, and Securities,      July 29, 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                  141,831      95,790         ---          ---           ---        ---     237,621
Other loans (1)                       24,550      12,720            0      72,618             0        ---     109,888
U.S. Treasury securities (2) 
  Holdings                            18,885      20,024       63,997     277,385       183,950    131,517     695,758
  Weekly changes                  +    3,867  -    3,867   +        3  +        9    +        7 +    3,013  +    3,032
Federal agency debt securities (3) 
  Holdings                                 0         750       12,751      69,884        21,203      1,327     105,915
  Weekly changes                           0           0            0  +    3,235             0          0  +    3,235
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    542,888     542,888
  Weekly changes                           0           0            0           0             0 -    2,578  -    2,578
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                    14,261      48,946            0         ---           ---        ---      63,206
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)      70,530      17,208            0           0             0          0      87,738

Reverse repurchase agreements (7)     66,010           0          ---         ---           ---        ---      66,010
  
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                                                                                    Jul 29, 2009

Mortgage-backed securities held outright (1)                                                       542,888

Commitments to buy mortgage-backed securities (2)                                                  154,270
Commitments to sell mortgage-backed securities (2)                                                  19,180

Cash and cash equivalents (3)                                                                            7

1. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae.  Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
2. Current face value.  Generally settle within 180 days and include commitments associated with outright
   transactions as well as dollar rolls.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 9 and table 10.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Jul 29, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       25,870

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)                                   351
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,222
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly. 
   This table reflects valuations as of      June 30, 2009.  Any assets purchased after this valuation date 
   are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement
   of condition consistent with consolidation under generally accepted accounting principles.  Refer to
   the note on consolidation accompanying table 10.
3. Book value.  The fair value of these obligations is included in other liabilities and capital in table 1 
   and in other liabilities and accrued dividends in table 9 and table 10.

Note:  On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC 
under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company was formed 
to acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of 
the credit extended and to minimize disruption to financial markets.  Payments by Maiden Lane LLC from the 
proceeds of the net portfolio holdings will be made in the following order: operating expenses of the LLC, 
principal due to the FRBNY, interest due to the FRBNY, principal due to JPMorgan Chase & Co., and interest 
due to JPMorgan Chase & Co.  Any remaining funds will be paid to the FRBNY.



5. Information on Principal Accounts of Maiden Lane II LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jul 29, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     15,144

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            17,232
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    177
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,022

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of      June 30, 2009.  Any assets purchased after this valuation date 
   are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement 
   of condition consistent with consolidation under generally accepted accounting principles.  Refer to the 
   note on consolidation accompanying table 10.
3. Book value.  The deferred payment represents the portion of the proceeds of the net portfolio holdings due 
   to subsidiaries of American International Group, Inc. in accordance with the asset purchase agreement.  
   The fair value of this payment and accrued interest payable are included in other liabilities and capital 
   in table 1 and in other liabilities and accrued dividends in table 9 and table 10.

Note:  On December 12, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden 
Lane II LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company 
was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment 
portfolio of subsidiaries of American International Group, Inc. (AIG subsidiaries).  Payments by Maiden 
Lane II LLC from the proceeds of the net portfolio holdings will be made in the following order:  operating 
expenses of Maiden Lane II LLC, principal due to the FRBNY, interest due to the FRBNY, and deferred payment 
and interest due to AIG subsidiaries.  Any remaining funds will be shared by the FRBNY and AIG subsidiaries.


6. Information on Principal Accounts of Maiden Lane III LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jul 29, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    21,137

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            20,757
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    237
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,122

1. Fair value.  Fair value reflects an estimate of the price that would be received upon selling an asset if 
   the transaction were to be conducted in an orderly market on the measurement date.  Revalued quarterly.  
   This table reflects valuations as of      June 30, 2009.  Any assets purchased after this valuation date 
   are initially recorded at cost until their estimated fair value as of the purchase date becomes available.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement 
   of condition consistent with consolidation under generally accepted accounting principles.  Refer to the 
   note on consolidation accompanying table 10.
3. Book value.  The fair value of these obligations is included in other liabilities and capital in table 1 
   and in other liabilities and accrued dividends in table 9 and table 10.

Note: On November 25, 2008, the Federal Reserve Bank of New York (FRBNY) began extending credit to Maiden Lane 
III LLC under the authority of section 13(3) of the Federal Reserve Act.  This limited liability company was 
formed to purchase multi-sector collateralized debt obligations (CDOs) on which the Financial Products group 
of American International Group, Inc. (AIG) has written credit default swap (CDS) contracts.  In connection 
with the purchase of CDOs, the CDS counterparties will concurrently unwind the related CDS transactions.  
Payments by Maiden Lane III LLC from the proceeds of the net portfolio holdings will be made in the following 
order: operating expenses of Maiden Lane III LLC, principal due to the FRBNY, interest due to the FRBNY, 
principal due to AIG, and interest due to AIG.  Any remaining funds will be shared by the FRBNY and AIG.


7. Information on Principal Accounts of Commercial Paper Funding Facility LLC
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Jul 29, 2009

Commercial paper holdings, net (1)                                                                   62,911
Other investments, net                                                                                4,390
Net portfolio holdings of Commercial Paper Funding Facility LLC                                      67,300

Memorandum: Commercial paper holdings, face value                                                    63,206

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            62,783
Accrued interest payable to the Federal Reserve Bank of New York (2)                                     15

1. Book value, which includes amortized cost and related fees.
2. Book value.  This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of 
   condition consistent with consolidation under generally accepted accounting principles.  Refer to the 
   note on consolidation accompanying table 10.

Note: On October 27, 2008, the Federal Reserve Bank of New York began extending loans under the authority of 
section 13(3) of the Federal Reserve Act to Commercial Paper Funding Facility LLC.  This LLC is a limited 
liability company formed to purchase three-month U.S. 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                                                                                     Jul 29, 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 Jul 29, 2009     Jul 22, 2009     Jul 30, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,895       +       57       +      509
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,692,070       +    4,427       +  922,237
  Securities held outright (1)                                  1,344,561       +    3,690       +  865,355
    U.S. Treasury securities                                      695,758       +    3,032       +  216,552       
      Bills (2)                                                    18,423                0       -    3,317
      Notes and bonds, nominal (2)                                627,575       +    3,000       +  215,183
      Notes and bonds, inflation-indexed (2)                       44,438                0       +    5,267
      Inflation compensation (3)                                    5,323       +       32       -      580
    Federal agency debt securities (2)                            105,915       +    3,235       +  105,915
    Mortgage-backed securities (4)                                542,888       -    2,578       +  542,888
  Repurchase agreements (5)                                             0                0       -  123,250    
  Term auction credit                                             237,621       -       13       +   87,621
  Other loans                                                     109,888       +      751       +   92,511
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                         67,300       -   42,546       +   67,300
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)                      25,870       -      186       -    3,229
Net portfolio holdings of Maiden Lane II LLC (9)                   15,144       -      616       +   15,144
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         21,137       +    2,300       +   21,137
Items in process of collection                         (419)          230       -      208       -      575
Bank premises                                                       2,215       +        4       +       54
Central bank liquidity swaps (11)                                  87,738       -    1,844       +   25,738
Other assets (12)                                                  76,218       +      185       +   34,747
     
      Total assets                                     (419)    2,003,053       -   38,428       +1,083,061

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 Jul 29, 2009     Jul 22, 2009     Jul 30, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  870,575       +    1,347       +   75,012
Reverse repurchase agreements (13)                                 66,010       -      823       +   21,547
Deposits                                                 (0)    1,007,573       -   38,746       +  974,156       
  Depository institutions                                         747,124       -   34,265       +  718,412
  U.S. Treasury, general account                                   57,825       -    3,776       +   53,554
  U.S. Treasury, supplementary financing account                  199,936                0       +  199,936
  Foreign official                                                  2,178       +      294       +    2,077
  Other                                                  (0)          511       -      998       +      178
Deferred availability cash items                       (419)        2,602       +      115       -      134
Other liabilities and accrued dividends (14)                        6,725       +      248       +    3,294

      Total liabilities                                (419)    1,953,486       -   37,858       +1,073,877
                          
Capital accounts
Capital paid in                                                    24,522       +        6       +    4,585
Surplus                                                            21,297       +        8       +    2,796
Other capital accounts                                              3,749       -      582       +    1,803

      Total capital                                                49,567       -      570       +    9,184

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,      July 29, 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                                           1,895         63         75        158        157        244        229        232         42         61        134        195        305
Securities, repurchase agreements, term
      auction credit, and other loans      1,692,070     37,096    810,631     28,941     59,886     52,295    165,467    150,333     55,043     22,829     62,763     67,235    179,550
  Securities held outright (1)             1,344,561     25,793    525,556     20,860     53,121     48,454    162,001    145,496     52,675     22,260     60,692     65,011    162,642
    U.S. Treasury securities                 695,758     13,347    271,955     10,794     27,488     25,073     83,829     75,289     27,257     11,519     31,406     33,641     84,161
      Bills (2)                               18,423        353      7,201        286        728        664      2,220      1,994        722        305        832        891      2,228
      Notes and bonds (3)                    677,335     12,993    264,754     10,508     26,760     24,409     81,610     73,295     26,535     11,214     30,574     32,750     81,933
    Federal agency debt securities (2)       105,915      2,032     41,400      1,643      4,184      3,817     12,761     11,461      4,149      1,753      4,781      5,121     12,812
    Mortgage-backed securities (4)           542,888     10,414    212,201      8,422     21,448     19,564     65,410     58,746     21,268      8,988     24,505     26,249     65,669
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        237,621     10,317    179,566      8,027      6,765      3,399      3,245      3,575      2,260        378      2,063      2,211     15,816     
  Other loans                                109,888        986    105,510         55          0        442        221      1,262        109        192          7         12      1,092
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)              67,300          0     67,300          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)                                     25,870          0     25,870          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             15,144          0     15,144          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           21,137          0     21,137          0          0          0          0          0          0          0          0          0          0
Items in process of collection                   649         36         -1         86          3         43        185         65         51         43         41         50         46
Bank premises                                  2,215        121        231         68        147        238        222        209        135        112        270        248        213
Central bank liquidity swaps (11)             87,738      3,538     22,918      9,701      6,504     25,060      6,754      2,948        879      1,359        871      1,135      6,071
Other assets (12)                             76,218      2,014     26,633      3,583      3,856      9,028      8,047      6,303      2,260      1,254      2,555      2,808      7,878
Interdistrict settlement account                   0  +  12,861  -   9,878  +  12,377  -   5,226  + 162,309  -  34,086  -  52,449  -  23,671  -   3,546  -  21,947  -   6,569  -  30,176

      Total assets                         2,003,472     56,255    984,829     55,448     65,898    250,245    148,340    108,763     35,140     22,339     45,088     65,823    165,304

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,      July 29, 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           1,056,278     35,786    381,682     39,914     45,094     83,301    132,148     86,245     31,000     19,808     28,977     62,264    110,059
  Less: Notes held by F.R. Banks              185,703      4,931     56,918      6,891      8,304     12,872     26,920     13,513      4,357      3,302      3,459     18,380     25,855
    Federal Reserve notes, net                870,575     30,855    324,763     33,023     36,790     70,429    105,228     72,732     26,643     16,505     25,518     43,884     84,203
Reverse repurchase agreements (13)             66,010      1,266     25,802      1,024      2,608      2,379      7,953      7,143      2,586      1,093      2,980      3,192      7,985
Deposits                                    1,007,573     22,052    615,706     15,745     22,650    163,441     31,059     26,505      5,097      3,079     15,787     17,622     68,830
  Depository institutions                     747,124     22,047    355,528     15,741     22,646    163,220     31,049     26,501      5,082      3,078     15,786     17,621     68,825
  U.S. Treasury, general account               57,825          0     57,825          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,936          0    199,936          0          0          0          0          0          0          0          0          0          0
  Foreign official                              2,178          2      2,148          4          3         11          3          1          0          1          0          1          3
  Other                                           511          3        269          0          1        210          7          3         15          0          1          0          2
Deferred availability cash items                3,021         97          0        387        351        118        340        284        112        320        167        307        538
Other liabilities and accrued                 
  dividends (14)                                6,725        141      3,651        150        220        431        509        431        198        121        184        234        456
   
      Total liabilities                     1,953,905     54,411    969,921     50,329     62,619    236,798    145,089    107,096     34,636     21,117     44,636     65,239    162,013
                              
Capital                    
Capital paid in                                24,522        921      7,247      2,607      1,635      6,809      1,562        793        238        621        208        274      1,607
Surplus                                        21,297        844      5,827      2,316      1,552      5,981      1,612        704        209        324        208        271      1,449
Other capital                                   3,749         79      1,834        196         92        657         77        170         57        277         36         39        235

      Total liabilities and capital         2,003,472     56,255    984,829     55,448     65,898    250,245    148,340    108,763     35,140     22,339     45,088     65,823    165,304
                              
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,      July 29, 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
                                                                                                Jul 29, 2009
              
Federal Reserve notes outstanding                                                                1,056,278
  Less: Notes held by F.R. Banks not subject to collateralization                                  185,703
    Federal Reserve notes to be collateralized                                                     870,575 
Collateral held against Federal Reserve notes                                                      870,575
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         857,338
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                           1,344,561
  Less: Face value of securities under reverse repurchase agreements                                65,656
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                       1,278,905
   
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.