Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 824,744 - 4,685 + 36,797 830,025

Securities held outright 765,286 + 1,462 + 39,804 766,245

U.S. Treasury1 765,286 + 1,462 + 39,804 766,245

Bills2 275,370 0 + 10,355 275,370

Notes and bonds, nominal2 463,640 + 1,410 + 24,962 464,580

Notes and bonds, inflation-indexed2 22,646 0 + 3,538 22,646

Inflation compensation3 3,630 + 52 + 950 3,649

Federal agency2 0 0 0 0

Repurchase agreements4 19,714 - 6,107 - 4,000 24,250

Loans to depository institutions 231 + 8 + 69 245

Primary credit 14 0 0 12

Secondary credit 0 0 0 0

Seasonal credit 217 + 8 + 69 233

Float -210 - 197 + 524 -614

Other Federal Reserve assets 39,723 + 149 + 400 39,900

Gold stock 11,041 0 0 11,041

Special drawing rights certificate account 2,200 0 0 2,200

Treasury currency outstanding5 38,020 + 14 + 1,447 38,020

Total factors supplying reserve funds 876,005 - 4,670 + 38,244 881,286

Currency in circulation5 794,515 - 2,297 + 34,957 795,200

Reverse repurchase agreements6 24,310 + 243 + 619 26,002

Foreign official and international accounts 24,310 + 243 + 619 26,002

Dealers 0 0 0 0

Treasury cash holdings 205 + 8 - 75 205

Deposits with F.R. Banks, other than reserve balances 12,628 - 551 - 1,977 12,112

U.S. Treasury, general account 4,970 - 263 - 564 4,468

Foreign official 86 + 1 - 7 84

Service-related 7,318 - 261 - 1,289 7,318

Required clearing balances 7,318 - 261 - 1,289 7,318

Adjustments to compensate for float 0 0 0 0

Other 254 - 28 - 118 242

Other liabilities and capital 34,815 - 228 + 5,416 34,546

Total factors, other than reserve balances,

absorbing reserve funds 866,472 - 2,826 + 38,939 868,066

Reserve balances with Federal Reserve Banks 9,533 - 1,845 - 694 13,220

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,632,801 + 6,885 + 196,467 1,632,988

U.S. Treasury 1,123,716 + 3,429 + 31,892 1,123,359

Federal agency 509,085 + 3,456 + 164,575 509,630

Securities lent to dealers 1,643 - 276 - 3,523 2,405

FEDERAL RESERVE statistical release

 June 15, 2006

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and

Condition Statement of Federal Reserve Banks

1. Factors Affecting Reserve Balances of Depository Institutions

Millions of dollars

Averages of daily figures

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.

Change from week ended Wednesday

 Jun 14, 2006 Week ended

 Jun 14, 2006 Jun 7, 2006 Jun 15, 2005
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. 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.

Assets

Gold certificate account 11,037 0 0

Special drawing rights certificate account 2,200 0 0

Coin 722 + 19 + 93

Securities, repurchase agreements, and loans 790,739 - 1,107 + 36,094

Securities held outright 766,245 + 1,368 + 40,750

U.S. Treasury1 766,245 + 1,368 + 40,750

Bills2 275,370 0 + 10,355

Notes and bonds, nominal2 464,580 + 1,316 + 25,902

Notes and bonds, inflation-indexed2 22,646 0 + 3,538

Inflation compensation3 3,649 + 52 + 956

Federal agency2 0 0 0

Repurchase agreements4 24,250 - 2,500 - 4,750

Loans 245 + 26 + 94

Items in process of collection (1,152) 4,868 - 2,324 - 465

Bank premises 1,852 + 5 + 29

Other assets5 37,883 + 225 + 391

Total assets (1,152) 849,301 - 3,183 + 36,142

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 758,103 - 1,811 + 33,524

Reverse repurchase agreements6 26,002 + 2,233 + 2,855

Deposits (0) 25,172 - 2,887 - 4,993

Depository institutions 20,378 - 1,772 + 407

U.S. Treasury, general account 4,468 - 1,084 - 5,381

Foreign official 84 - 3 - 7

Other (0) 242 - 28 - 13

Deferred availability cash items (1,152) 5,477 - 725 - 818

Other liabilities and accrued dividends7 5,118 + 62 + 1,616

Total liabilities (1,152) 819,873 - 3,126 + 32,184

Capital accounts

Capital paid in 14,965 0 + 2,044

Surplus 12,901 0 + 1,505

Other capital accounts 1,562 - 56 + 410

Total capital 29,428 - 56 + 3,958

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Jun 15, 2005

Eliminations from

consolidation Wednesday

 Jun 14, 2006

Wednesday

 Jun 7, 2006

3. Maturity Distribution of Loans and Securities, June 14, 2006

Millions of dollars

 Federal agency

securities

Weekly

changes Holdings

 U.S. Treasury

securities1

Holdings Weekly

changes

Loans Repurchase

agreements2

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.

Reverse

repurchase

agreements2

Within 15 days 47 56,340 - 2,179 0 0 24,250 26,002

16 days to 90 days 198 176,968 + 3,567 0 0 0 0

91 days to 1 year 0 177,963 - 1,384 0 0 . . . . . . 

Over 1 year to 5 years . . . 215,950 + 1,332 0 0 . . . . . . 

Over 5 years to 10 years . . . 60,696 + 8 0 0 . . . . . . 

Over 10 years . . . 78,328 + 24 0 0 . . . . . . 

All 245 766,245 + 1,368 0 0 24,250 26,002

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on June 14, 2006Millions of dollars

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

AssetsGold certificate accountSpecial drawing rights certificate acct.CoinSecurities, repurchase agreements,

and loans

Securities held outright

U.S. Treasury1

Bills2Notes and bonds3

Federal agency2

Repurchase agreements4

Loans

Items in process of collectionBank premisesOther assets5Interdistrict settlement account

Total assets

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 sec4. 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.

 11,037 2,200 722 790,739 766,245 766,245 275,370 490,875 0 24,250 245 6,020 1,852 37,883 0 850,453

Assets, liabilities, and capital

 4,139 874 45 307,858 283,608 283,608 101,922 181,686 0 24,250 0 433 205 13,645 + 1,428 328,626

 486 115 32 36,571 36,564 36,564 13,140 23,424 0 0 7 338 113 1,190 - 1,158 37,687

 463 83 35 33,267 33,267 33,267 11,955 21,312 0 0 0 338 57 1,885 + 1,703 37,831

 446 104 68 33,086 33,086 33,086 11,890 21,196 0 0 0 539 156 2,229 - 884 35,745

 853 147 65 63,652 63,652 63,652 22,875 40,777 0 0 0 408 154 6,864 + 2,093 74,236

 1,023 166 89 64,161 64,148 64,148 23,053 41,094 0 0 13 891 231 2,696 + 2,582 71,838

 947 212 75 70,441 70,357 70,357 25,284 45,072 0 0 84 206 209 2,673 - 6,376 68,387

 328 71 34 24,376 24,345 24,345 8,749 15,596 0 0 32 166 70 728 - 290 25,483

 2   15,6 15,5 15,5 5,5 9,9    2 1 6 -  16,9
 925,922

 167,819 758,103 758,103 11,037 2,200 744,866 0 790,495 26,035 764,460

Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneap

LiabilitiesFederal Reserve notes outstanding

Less: notes held by F.R. Banks

Federal Reserve notes, net

Reverse repurchase agreements1

Deposits

Depository institutionsU.S. Treasury, general accountForeign officialOther

Deferred availability cash itemsOther liabilities and accrued

dividends2

Total liabilities

CapitalCapital paid inSurplusOther capital

Total liabilities and capital

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.

 925,922 167,819 758,103 26,002 25,172 20,378 4,468 84 242 6,630 5,118 821,026 14,965 12,901 1,562 850,453

 38,280 3,977 34,304 1,241 673 672 0 1 0 430 247 36,895 382 317 94 37,687

 345,036 48,550 296,486 9,624 12,639 7,942 4,468 55 174 641 1,682 321,072 3,672 3,685 198 328,626

 39,746 7,246 32,500 1,129 792 790 0 2 0 594 263 35,278 1,744 744 64 37,831

 36,909 6,170 30,739 1,123 885 881 0 3 1 670 264 33,682 1,024 1,013 26 35,745

 73,593 12,700 60,893 2,160 2,121 2,051 0 11 59 507 546 66,227 4,015 3,307 687 74,236

 89,241 24,698 64,543 2,177 1,760 1,757 0 3 0 751 433 69,663 1,069 892 214 71,838

 74,641 13,772 60,869 2,388 2,493 2,490 0 3 0 328 464 66,541 903 876 67 68,387

 27,553 4,030 23,523 826 497 491 0 0 6 137 172 25,156 155 144 28 25,483

 17,3 2,3 15,0 5 3 3    3 1 16,4 2 2  16,9

H.4.14. Statement of Condition of Each Federal Reserve Bank on June 14, 2006 (continued)Millions of dollars

Assets, liabilities, and capital

Federal Reserve notes outstanding

Less: Notes held by F.R. Banks

not subject to collateralization

Federal Reserve notes to be collateralized

Collateral held against Federal Reserve notes

Gold certificate accountSpecial drawing rights certificate accountU.S. Treasury and agency securities pledged1Other assets pledged

Memo:Total U.S. Treasury and agency securities1

Less: face value of securities under

reverse repurchase agreements

U.S. Treasury and agency securities

eligible to be pledged

5. Collateral Held against Federal Reserve Notes:Federal Reserve Agents' AccountsMillions of dollarsFederal Reserve notes and collateral Wednesday

 Jun 14, 2006

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 ofinflation-indexed securities, and cash value of repurchase agreements.