FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                            October 5, 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            Oct 4, 2006 Sep 27, 2006  Oct 5, 2005  Oct 4, 2006
Federal Reserve Banks

Reserve Bank Credit                                         829,644    +   4,405    +  29,468      826,967
 Securities held outright                                   768,926    +      18    +  32,387      768,932       
    U.S. Treasury (1)                                       768,926    +      18    +  32,387      768,932
       Bills (2)                                            277,019            0    +   7,258      277,019
       Notes and bonds, nominal (2)                         461,791            0    +  17,923      461,791
       Notes and bonds, inflation-indexed (2)                26,019            0    +   6,036       26,019
       Inflation compensation (3)                             4,098    +      18    +   1,171        4,104
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    21,214    +   4,571    -   2,715       18,250
 Loans to depository institutions                               343    -      41    -     217          267
    Primary credit                                               40    +       9    -      68            1
    Secondary credit                                              0            0    -     152            0
    Seasonal credit                                             303    -      50    +       3          266
 Float                                                         -351    +     312    -     435          149
 Other Federal Reserve assets                                39,512    -     456    +     447       39,370
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,152    +      14    +   1,723       38,152
       
Total factors supplying reserve funds                       881,037    +   4,419    +  31,191      878,360
                                                                   
Currency in circulation(5)                                  791,854    +   1,038    +  24,481      794,246
Reverse repurchase agreements (6)                            30,498    +   2,107    +   4,226       29,212
   Foreign official and international accounts               30,498    +   2,107    +   4,226       29,212
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          151    -       7    -      83          154
Deposits with F.R.Banks, other than reserve balances         14,016    +   2,409    -     110       13,640       
  U.S. Treasury, general account                              6,650    +   2,370    +   1,793        6,222
  Foreign official                                               94    +       4    -       5           92
  Service-related                                             6,993    +      25    -   1,871        6,993
     Required clearing balances                               6,993    +      25    -   1,871        6,993
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         280    +      11    -      27          334
Other liabilities and capital                                36,016    -     196    +   4,962       35,622

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  872,535    +   5,350    +  33,475      872,875

Reserve balances with Federal Reserve Banks                   8,502    -     931    -   2,284        5,485
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,674,664    +  13,255    + 210,897    1,682,645
     U.S. Treasury                                        1,131,365    +  12,175    +  48,369    1,141,823
     Federal agency                                         543,298    +   1,079    + 162,526      540,821
  Securities lent to dealers                                  1,609    +     499    -   4,098          349   


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  Oct 4, 2006     Sep 27, 2006      Oct 5, 2005

Assets
Gold certificate account                                        11,037                0                0
Special drawing rights certificate account                       2,200                0                0
Coin                                                               848        -      10        +     136
Securities, repurchase agreements, and loans                   787,448        -   9,334        +  30,813
   Securities held outright                                    768,932        +      17        +  31,340
      U.S. Treasury (1)                                        768,932        +      17        +  31,340       
         Bills (2)                                             277,019                0        +   7,240
         Notes and bonds, nominal (2)                          461,791                0        +  16,901
         Notes and bonds, inflation-indexed (2)                 26,019                0        +   6,036
         Inflation compensation (3)                              4,104        +      17        +   1,164
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    18,250        -   9,250        -     500    
   Loans                                                           267        -      99        -      26
Items in process of collection                    (1,561)        4,999        +   1,858        -   4,759
Bank premises                                                    1,901        +      12        +      61
Other assets (5)                                                37,867        -     202        +     486
      Total assets                                (1,561)      846,300        -   7,675        +  26,736
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  757,093        +   1,951        +  23,261
Reverse repurchase agreements (6)                               29,212        -   2,254        +   3,274
Deposits                                              (0)       19,523        -   7,540        -   1,250       
  Depository institutions                                       12,875        -   9,276        -   2,656
  U.S. Treasury, general account                                 6,222        +   1,637        +   1,436
  Foreign official                                                  92        +       1        -      57
  Other                                               (0)          334        +      98        +      27
Deferred availability cash items                  (1,561)        4,851        +     244        -   3,137
Other liabilities and accrued dividends (7)                      5,402        -     112        +   1,549
      Total liabilities                           (1,561)      816,080        -   7,712        +  23,696
                          
Capital Accounts
Capital paid in                                                 15,077        +      10        +   1,651
Surplus                                                         12,901                0        +   1,271
Other capital accounts                                           2,242        +      28        +     118
      Total capital                                             30,220        +      38        +   3,040


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,    October 4, 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              20       54,634   -   3,601            0           0       18,250       29,212
16 days to 90 days         247      170,012   +   3,026            0           0            0            0
91 days to 1 year            0      186,680   -     562            0           0     ------      ------
Over 1 to 5 years     ------        215,770   +   1,143            0           0     ------      ------
Over 5 to 10 years    ------         60,279   +       3            0           0     ------      ------
Over 10 years         ------         81,557   +       7            0           0     ------      ------
                   		 	
All                        267      768,932   +      17            0           0       18,250      29,212

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    October 4, 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                      11,037        486      4,139        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                                             848         24         47         57         77         76        113        104         43         31         63         83        129
Securities, repurchase agreements,
      and loans                              787,448     36,692    302,853     33,384     33,202     63,875     64,384     70,691     24,463     15,713     22,562     34,515     85,115
   Securities held outright                  768,932     36,692    284,603     33,384     33,202     63,875     64,372     70,603     24,430     15,632     22,516     34,509     85,113
      U.S. Treasury (1)                      768,932     36,692    284,603     33,384     33,202     63,875     64,372     70,603     24,430     15,632     22,516     34,509     85,113
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  491,913     23,473    182,070     21,357     21,241     40,863     41,181     45,167     15,629     10,000     14,404     22,076     54,450
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                18,250          0     18,250          0          0          0          0          0          0          0          0          0          0
      Loans                                      267          0          0          0          0          0         11         88         32         81         46          7          1
Items in process of collection                 6,561        277        481        964        641        573        553        277        131        285        530        443      1,405
Bank premises                                  1,901        113        208         57        157        161        230        209         74        117        138        259        176
Other assets(5)                               37,867      1,199     13,698      1,793      2,230      6,855      2,675      2,688        731        691        705        928      3,673
Interdistrict settlement account                   0    - 1,704    + 2,584    +   152    -   913    + 2,537    + 8,074    - 9,022    -   789    -   613    + 1,482    - 2,769    +   981
          Total Assets                       847,862     37,202    324,883     36,954     35,946     75,077     77,218     66,107     25,051     16,464     25,870     34,133     92,955

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    October 4, 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             934,750     37,887    347,314     38,869     36,874     74,213     95,039     74,508     27,030     17,125     27,577     50,107    108,208
  Less: notes held by F.R. Banks              177,657      4,087     52,550      7,755      6,098     13,051     25,236     14,943      3,899      2,643      4,087     18,984     24,324
    Federal Reserve notes, net                757,093     33,800    294,763     31,113     30,776     61,162     69,803     59,565     23,131     14,482     23,489     31,123     83,884
Reverse repurchase agreements (1)              29,212      1,394     10,812      1,268      1,261      2,427      2,446      2,682        928        594        855      1,311      3,234
Deposits                                       19,523        525      9,650        545        694      2,105      1,543      1,206        403        322        426        639      1,463
  Depository institutions                      12,875        524      3,161        542        691      1,967      1,540      1,203        402        322        425        638      1,459
  U.S. Treasury, general account                6,222          0      6,222          0          0          0          0          0          0          0          0          0          0
  Foreign official                                 92          1         63          2          3         11          3          3          0          1          1          0          4
  Other                                           334          0        204          1          0        127          0          0          0          0          1          0          0
Deferred availability cash items                6,412        415        190        869        677        657        744        382        149        393        552        358      1,028
Other liabilities and accrued                 
  dividends (2)                                 5,402        268      1,841        263        268        551        466        494        108        141        187        258        557
   
    Total liabilities                         817,641     36,403    317,256     34,059     33,677     66,902     75,002     64,329     24,719     15,932     25,510     33,688     90,165
                              
Capital                    
Capital paid in                                15,077        390      3,691      1,692      1,129      4,080      1,084        845        158        275        175        208      1,349
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   2,242         92        250        459        126        788        240         57         30         12         11         85         92
     Total liabilities and capital            847,862     37,202    324,883     36,954     35,946     75,077     77,218     66,107     25,051     16,464     25,870     34,133     92,955
                              

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
                                           Oct 4, 2006
              
Federal Reserve notes outstanding             934,750
   Less: Notes held by F.R. Banks
         not subject to collateralization     177,657
      Federal Reserve Notes to be
         collateralized                       757,093 
Collateral held against Federal Reserve            
   notes                                      757,093
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              743,856
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         787,182
   Less:face value of securities under
         reverse repurchase agreements         29,254
      U.S. Treasury and agency securities
             eligible to be pledged           757,928
   

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.