FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                               June 7, 2007
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            Jun 6, 2007 May 30, 2007  Jun 7, 2006  Jun 6, 2007
Federal Reserve Banks

Reserve Bank Credit                                         857,913    +   4,126    +  28,493      857,595
 Securities held outright                                   790,300    +      64    +  26,476      790,322       
    U.S. Treasury (1)                                       790,300    +      64    +  26,476      790,322
       Bills (2)                                            277,019            0    +   1,649      277,019
       Notes and bonds, nominal (2)                         474,672            0    +  12,442      474,672
       Notes and bonds, inflation-indexed (2)                34,459            0    +  11,813       34,459
       Inflation compensation (3)                             4,151    +      64    +     573        4,172
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    29,179    +   3,322    +   3,358       28,500
 Loans to depository institutions                               119    -       9    -     104          154
    Primary credit                                               13    +       7    -       1           43
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             106    -      16    -     103          111
 Float                                                         -550    +     863    -     528         -499
 Other Federal Reserve assets                                38,866    -     113    -     708       39,119
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,497    +      14    +     515       38,497
       
Total factors supplying reserve funds                       909,652    +   4,140    +  29,009      909,333
                                                                   
Currency in circulation(5)                                  812,954    -     672    +  16,166      813,523
Reverse repurchase agreements (6)                            33,844    +   1,080    +   9,777       32,069
   Foreign official and international accounts               33,844    +   1,080    +   9,777       32,069
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          287    +       6    +      90          295
Deposits with F.R.Banks, other than reserve balances         11,892    -     251    -   1,287       12,354       
  U.S. Treasury, general account                              4,938    -     245    -     295        5,396
  Foreign official                                               94            0    +       9           92
  Service-related                                             6,580            0    -     999        6,580
     Required clearing balances                               6,580            0    -     999        6,580
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         280    -       7    -       2          286
Other liabilities and capital                                39,410    +     141    +   4,367       39,150

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  898,387    +     304    +  29,113      897,391

Reserve balances with Federal Reserve Banks                  11,265    +   3,836    -     104       11,942
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,955,453    -   3,859    + 329,537    1,950,033
     U.S. Treasury                                        1,229,911    -   1,499    + 109,624    1,224,824
     Federal agency                                         725,543    -   2,359    + 219,914      725,209
  Securities lent to dealers                                  5,940    +   1,737    +   4,021        2,193   


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  Jun 6, 2007     May 30, 2007      Jun 7, 2006

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               893        +      13        +     190
Securities, repurchase agreements, and loans                   818,975        -   2,406        +  27,129
   Securities held outright                                    790,322        +      62        +  25,445
      U.S. Treasury (1)                                        790,322        +      62        +  25,445       
         Bills (2)                                             277,019                0        +   1,649
         Notes and bonds, nominal (2)                          474,672                0        +  11,408
         Notes and bonds, inflation-indexed (2)                 34,459                0        +  11,813
         Inflation compensation (3)                              4,172        +      61        +     575
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    28,500        -   2,500        +   1,750    
   Loans                                                           154        +      33        -      65
Items in process of collection                    (1,205)        4,071        -   1,863        -   3,121
Bank premises                                                    2,026        +      10        +     179
Other assets (5)                                                37,250        -      17        -     408
      Total assets                                (1,205)      876,452        -   4,263        +  23,968
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  776,210        -   1,645        +  16,296
Reverse repurchase agreements (6)                               32,069        -   2,791        +   8,300
Deposits                                              (0)       24,454        +     422        -   3,605       
  Depository institutions                                       18,679        -     370        -   3,471
  U.S. Treasury, general account                                 5,396        +     759        -     156
  Foreign official                                                  92        -       2        +       5
  Other                                               (0)          286        +      33        +      16
Deferred availability cash items                  (1,205)        4,571        -     506        -   1,631
Other liabilities and accrued dividends (7)                      6,017        +      46        +     961
      Total liabilities                           (1,205)      843,319        -   4,475        +  20,320
                          
Capital Accounts
Capital paid in                                                 16,106        +       4        +   1,141
Surplus                                                         15,386        +      11        +   2,485
Other capital accounts                                           1,641        +     197        +      23
      Total capital                                             33,133        +     212        +   3,649


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,       June 6, 2007
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              58       62,340   -   8,163            0           0       28,500       32,069
16 days to 90 days          96      172,422   +   8,170            0           0            0            0
91 days to 1 year            0      165,484   -   3,790            0           0     ------      ------
Over 1 to 5 years     ------        233,320   +   3,806            0           0     ------      ------
Over 5 to 10 years    ------         74,512   +      16            0           0     ------      ------
Over 10 years         ------         82,244   +      24            0           0     ------      ------
                   		 	
All                        154      790,322   +      62            0           0       28,500      32,069

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       June 6, 2007
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        449      4,053        455        428        869      1,117        903        326        203        335        613      1,286
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             893         33         51         58         87         84        107        107         37         37         70         90        132
Securities, repurchase agreements,
      and loans                              818,975     37,740    296,494     36,225     33,509     70,944     75,947     68,720     26,183     16,362     26,564     35,982     94,305
   Securities held outright                  790,322     36,423    286,173     34,964     32,343     68,475     73,301     66,290     25,259     15,769     25,583     34,724     91,018
      U.S. Treasury (1)                      790,322     36,423    286,173     34,964     32,343     68,475     73,301     66,290     25,259     15,769     25,583     34,724     91,018
         Bills (2)                           277,019     12,767    100,308     12,255     11,336     24,001     25,693     23,235      8,854      5,527      8,967     12,171     31,903
         Notes and bonds(3)                  513,303     23,656    185,866     22,709     21,006     44,474     47,608     43,054     16,406     10,242     16,616     22,553     59,115
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                28,500      1,313     10,320      1,261      1,166      2,469      2,643      2,390        911        569        923      1,252      3,282
      Loans                                      154          4          1          0          0          0          3         40         13         25         58          6          4
Items in process of collection                 5,276        196         72        578        633        317        793        364        202        319        405        341      1,055
Bank premises                                  2,026        117        213         57        156        172        231        207         90        115        213        260        194
Other assets(5)                               37,250      1,236     11,510      3,243      2,142      6,996      3,186      2,413        731        700        733        968      3,393
Interdistrict settlement account                   0    - 2,925    + 2,706    - 1,192    - 4,089    +   753    + 4,400    +   515    +   229    -   720    + 1,130    + 1,281    - 2,088
          Total Assets                       877,657     36,963    315,972     39,506     32,969     80,283     85,947     73,441     27,869     17,047     29,517     39,633     98,511

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       June 6, 2007
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             973,143     38,010    344,748     39,480     36,036     78,868    107,786     80,545     29,376     17,349     30,476     57,560    112,910
  Less: notes held by F.R. Banks              196,933      4,614     63,807      6,733      8,884     13,438     30,228     13,894      3,573      2,519      3,480     21,626     24,138
    Federal Reserve notes, net                776,210     33,396    280,941     32,747     27,152     65,430     77,558     66,651     25,803     14,830     26,996     35,934     88,771
Reverse repurchase agreements (1)              32,069      1,478     11,612      1,419      1,312      2,778      2,974      2,690      1,025        640      1,038      1,409      3,693
Deposits                                       24,454        642     12,579        606      1,172      2,682      1,288      1,376        323        436        440      1,011      1,900
  Depository institutions                      18,679        634      6,961        599      1,169      2,558      1,284      1,373        320        435        439      1,011      1,897
  U.S. Treasury, general account                5,396          0      5,396          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 92          1         62          5          3         11          3          2          0          1          0          1          3
  Other                                           286          7        160          2          0        113          0          0          2          0          1          0          0
Deferred availability cash items                5,776        342        142        778        809        426        685        399        125        328        446        413        884
Other liabilities and accrued                 
  dividends (2)                                 6,017        261      1,847        299        290        813        584        485        218        157        200        278        585
   
    Total liabilities                         844,524     36,118    307,120     35,848     30,736     72,129     83,089     71,601     27,493     16,391     29,119     39,045     95,834
                              
Capital                    
Capital paid in                                16,106        404      4,281      1,809      1,101      3,978      1,392        887        172        321        187        278      1,296
Surplus                                        15,386        396      3,782      1,810      1,087      4,096      1,277        859        166        276        176        213      1,247
Other capital                                   1,641         45        788         38         45         80        190         95         37         59         34         96        134
     Total liabilities and capital            877,657     36,963    315,972     39,506     32,969     80,283     85,947     73,441     27,869     17,047     29,517     39,633     98,511
                              

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
                                           Jun 6, 2007
              
Federal Reserve notes outstanding             973,143
   Less: Notes held by F.R. Banks
         not subject to collateralization     196,933
      Federal Reserve Notes to be
         collateralized                       776,210 
Collateral held against Federal Reserve            
   notes                                      776,210
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              762,973
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         818,822
   Less:face value of securities under
         reverse repurchase agreements         32,114
      U.S. Treasury and agency securities
             eligible to be pledged           786,707
   

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.