FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                               March 25, 2010
 
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                         Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Mar 24, 2010
Federal Reserve Banks                                     Mar 24, 2010 Mar 17, 2010 Mar 25, 2009
 
Reserve Bank credit                                        2,297,835   +    5,374   +  246,857    2,295,722
  Securities held outright (1)                             2,017,660   +    6,161   +1,257,168    2,017,955
    U.S. Treasury securities                                 776,653   +       38   +  301,922      776,667
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                           708,872            0   +  295,958      708,872
      Notes and bonds, inflation-indexed (2)                  43,777            0   +    4,399       43,777
      Inflation compensation (3)                               5,581   +       38   +    1,564        5,595
    Federal agency debt securities (2)                       167,488   -      564   +  118,692      167,488
    Mortgage-backed securities (4)                         1,073,519   +    6,687   +  836,555    1,073,800
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                          3,410            0   -  465,179        3,410
  Other loans                                                 84,511   -      809   -   49,829       82,249
    Primary credit                                            10,750   -      739   -   52,032        8,955
    Secondary credit                                             600            0   +      600          600
    Seasonal credit                                                6   -        3   +        3            5
    Primary dealer and other broker-dealer credit (6)              0            0   -   20,089            0
    Asset-Backed Commercial Paper Money Market
       Mutual Fund Liquidity Facility                              0            0   -    7,179            0
    Credit extended to American International
       Group, Inc., net (7)                                   25,183   +      200   -   18,431       25,259
    Term Asset-Backed Securities Loan Facility, net (8)       47,972   -      267   +   47,299       47,430
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (9)                                  7,767   +        8   -  233,035        7,776
  Net portfolio holdings of Maiden Lane LLC (10)              27,291   +       21   +    1,068       27,317
  Net portfolio holdings of Maiden Lane II LLC (11)           15,339   +        7   -    3,101       15,343
  Net portfolio holdings of Maiden Lane III LLC (12)          22,136   +       16   -    5,495       22,142
  Net portfolio holdings of TALF LLC (13)                        400   +       28   +      400          404
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (14)                                        25,106            0   +   25,106       25,106
  Float                                                       -1,620   +      210   +      532       -1,960
  Central bank liquidity swaps (15)                                0            0   -  327,692            0
  Other Federal Reserve assets (16)                           95,836   -      267   +   46,916       95,980
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0   +    3,000        5,200
Treasury currency outstanding (17)                            42,825   +       14   +      574       42,825

Total factors supplying reserve funds                      2,356,901   +    5,388   +  250,431    2,354,788
 
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         Wednesday  
reserve balances of depository institutions at             Week ended   Change from week ended   Mar 24, 2010
Federal Reserve Banks                                     Mar 24, 2010 Mar 17, 2010 Mar 25, 2009
 
Currency in circulation (17)                                 932,694   -      154   +   30,670      933,542
Reverse repurchase agreements (18)                            56,412   +      163   -    8,766       54,719
  Foreign official and international accounts                 56,412   +      163   -    8,766       54,719
  Dealers                                                          0            0            0            0
Treasury cash holdings                                           218   +       15   -       92          224
Deposits with F.R. Banks, other than reserve balances        173,085   +    4,681   -  114,567      155,830
  U.S. Treasury, general account                              67,603   +   15,436   -   10,480       50,104
  U.S. Treasury, supplementary financing account              99,983   +   24,995   -   99,952       99,983
  Foreign official                                             2,417   -      333   +      554        2,420
  Service-related                                              2,693            0   -    1,771        2,693
    Required clearing balances                                 2,693            0   -    1,771        2,693
    Adjustments to compensate for float                            0            0            0            0
  Other                                                          388   -   35,418   -    2,919          629
Other liabilities and capital (19)                            67,068   -    1,387   +   11,471       65,742

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,229,477   +    3,319   -   81,284    1,210,056

Reserve balances with Federal Reserve Banks                1,127,424   +    2,069   +  331,715    1,144,732
 
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. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility, net of unamortized deferred administrative fees.
9.  Refer to table 7 and the note on consolidation accompanying table 11.
10. Refer to table 4 and the note on consolidation accompanying table 11.
11. Refer to table 5 and the note on consolidation accompanying table 11.
12. Refer to table 6 and the note on consolidation accompanying table 11.
13. Refer to table 8 and the note on consolidation accompanying table 11.
14. Refer to table 9.
15. 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.
16. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange
    rates, and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora
    LLC and ALICO Holdings LLC.
17. Estimated.
18. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
19. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
    Maiden Lane III LLC, and TALF 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 11.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Mar 24, 2010
Memorandum item                                           Mar 24, 2010 Mar 17, 2010 Mar 25, 2009
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,012,512   +   15,819   +  417,788    3,014,101
  U.S. Treasury securities                                 2,239,871   +   13,271   +  456,905    2,240,857
  Federal agency securities (2)                              772,641   +    2,548   -   39,117      773,243
Securities lent to dealers                                     4,199   -    1,023   -   89,208        3,748
  Overnight facility (3)                                       4,199   -    1,023   +    1,057        3,748
    U.S. Treasury securities                                   3,214   -    1,047   +       72        2,597
    Federal agency debt securities                               985   +       24   +      985        1,151
  Term facility (4)                                                0            0   -   90,264            0
 
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,     March 24, 2010
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Term auction credit                        3,410            0          ...          ...          ...           ...        3,410
Other loans (1)                            9,146          414            0       72,689            0           ...       82,249
U.S. Treasury securities (2)
  Holdings                                18,633       22,190       43,618      333,977      214,323       143,926      776,667
  Weekly changes                      +    2,157   -    2,153   +        1   +       10   +        9    +       15   +       38
Federal agency debt securities (3)
  Holdings                                     0        3,374       33,119       94,118       34,530         2,347      167,488
  Weekly changes                               0   +      592   +    6,907   -    7,499            0             0            0
Mortgage-backed securities (4)
  Holdings                                     0            0            0           34           21     1,073,746    1,073,800
  Weekly changes                               0            0            0   +        3            0    +    7,358   +    7,360
Commercial paper held by
   Commercial Paper Funding
   Facility LLC (5)                            0        2,966            0          ...          ...           ...        2,966
Asset-backed securities held by
   TALF LLC (6)                                0            0            0            0            0             0            0
Repurchase agreements (7)                      0            0          ...          ...          ...           ...            0

Reverse repurchase agreements (7)         54,719            0          ...          ...          ...           ...       54,719
 
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, Maiden Lane
   LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
7. Cash value of agreements.

 
3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 24, 2010 
 
Mortgage-backed securities held outright (1)                                                                           1,073,800

Commitments to buy mortgage-backed securities (2)                                                                         97,955
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                129
 
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 10 and table 11.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 24, 2010 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             27,317

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)                                                         453
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,263
 
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
    December 31, 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 11.
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 10 and table 11.

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                                                                                                           Mar 24, 2010 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          15,343

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 14,970
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         309
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,044
 
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
    December 31, 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 11.
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
   10 and table 11.

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                                                                                                           Mar 24, 2010 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         22,142

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 16,929
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         390
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,231
 
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
    December 31, 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 11.
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 10 and table 11.

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                                                                                                           Mar 24, 2010 
 
Commercial paper holdings, net (1)                                                                                         2,903
Other investments, net                                                                                                     4,873
Net portfolio holdings of Commercial Paper Funding Facility LLC                                                            7,776

Memorandum: Commercial paper holdings, face value                                                                          2,966

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                  2,942
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           1
 
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 11.

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 TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 24, 2010 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       404
Net portfolio holdings of TALF LLC                                                                                           404

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
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        103
 
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.
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 11.
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 10 and table 11.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $20 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
9. Supplemental Information on the Federal Reserve Bank of New York's Preferred Interests in
AIA Aurora LLC and ALICO Holdings LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Mar 24, 2010 
 
Preferred interests in AIA Aurora LLC and ALICO Holdings LLC (1)                                                          25,106
Accrued dividends on preferred interests in AIA Aurora LLC and ALICO Holdings LLC (2)                                        285

Preferred interests in AIA Aurora LLC (1)                                                                                 16,068
Accrued dividends on preferred interests in AIA Aurora LLC (2)                                                               183

Preferred interests in ALICO Holdings LLC (1)                                                                              9,038
Accrued dividends on preferred interests in ALICO Holdings LLC (2)                                                           103
 
Note: Components may not sum to totals because of rounding.

1. Book value.
2. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 10 and table 11.

Note on preferred interests:

In conjunction with the restructuring of the government's assistance to American International Group, Inc. (AIG) announced March 2,
2009, the outstanding balance and amount available of revolving credit provided to AIG by the FRBNY has been reduced in exchange for
preferred interests in two special purpose vehicles, AIA Aurora LLC and ALICO Holdings LLC. These two limited liability companies
were created to directly or indirectly hold all of the outstanding common stock of American International Assurance Company Ltd.
(AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG. AIG will retain control of AIA Aurora LLC
and ALICO Holdings LLC, and the FRBNY will have certain consent, disposition, and conversion rights with respect to its preferred
interests.

Dividends accrue as a percentage of the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC. On a quarterly basis,
the accrued dividends are capitalized and added to the FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Mar 24, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Mar 17, 2010 Mar 25, 2009
 
Assets
Gold certificate account                                                    11,037             0            0
Special drawing rights certificate account                                   5,200             0   +    3,000
Coin                                                                         2,098    -       16   +      266
Securities, repurchase agreements, term auction
   credit, and other loans                                               2,103,614    +    4,543   +  737,502
  Securities held outright (1)                                           2,017,955    +    7,399   +1,256,660
    U.S. Treasury securities                                               776,667    +       38   +  301,921
      Bills (2)                                                             18,423             0            0
      Notes and bonds, nominal (2)                                         708,872             0   +  295,958
      Notes and bonds, inflation-indexed (2)                                43,777             0   +    4,399
      Inflation compensation (3)                                             5,595    +       38   +    1,563
    Federal agency debt securities (2)                                     167,488             0   +  117,095
    Mortgage-backed securities (4)                                       1,073,800    +    7,360   +  837,644
  Repurchase agreements (5)                                                      0             0            0
  Term auction credit                                                        3,410             0   -  465,179
  Other loans                                                               82,249    -    2,856   -   53,978
Net portfolio holdings of Commercial Paper
   Funding Facility LLC (6)                                                  7,776    +       12   -  233,535
Net portfolio holdings of Maiden Lane LLC (7)                               27,317    +       31   +    1,029
Net portfolio holdings of Maiden Lane II LLC (8)                            15,343    +        5   -    3,106
Net portfolio holdings of Maiden Lane III LLC (9)                           22,142    +        7   -    5,503
Net portfolio holdings of TALF LLC (10)                                        404    +       32   +      404
Preferred interests in AIA Aurora LLC and ALICO
   Holdings LLC (11)                                                        25,106             0   +   25,106
Items in process of collection                               (49)              185    -      158   -      283
Bank premises                                                                2,239             0   +       52
Central bank liquidity swaps (12)                                                0             0   -  327,778
Other assets (13)                                                           94,064    +      690   +   46,145

Total assets                                                 (49)        2,316,525    +    5,146   +  243,298
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
10. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Mar 24, 2010   Wednesday    Wednesday  
Assets, liabilities, and capital                                                      Mar 17, 2010 Mar 25, 2009
 
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                           893,035    -      230   +   29,941
Reverse repurchase agreements (14)                                          54,719    -      977   -   11,708
Deposits                                                      (0)        1,300,884    +    7,319   +  215,624
  Depository institutions                                                1,147,747    +   29,657   +  325,335
  U.S. Treasury, general account                                            50,104    -   47,325   -    6,094
  U.S. Treasury, supplementary financing account                            99,983    +   24,995   -   99,952
  Foreign official                                                           2,420    -      326   +      833
  Other                                                       (0)              629    +      318   -    4,499
Deferred availability cash items                             (49)            2,145    -      191   -      716
Other liabilities and accrued dividends (15)                                12,704    -      233   +    3,302

Total liabilities                                            (49)        2,263,487    +    5,688   +  236,442

Capital accounts
Capital paid in                                                             26,247    +       26   +    3,691
Surplus                                                                     25,321    -      178   +    4,173
Other capital accounts                                                       1,469    -      391   -    1,009

Total capital                                                               53,037    -      543   +    6,855
 
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 11.
7. Refer to table 4 and the note on consolidation accompanying table 11.
8. Refer to table 5 and the note on consolidation accompanying table 11.
9.  Refer to table 6 and the note on consolidation accompanying table 11.
10. Refer to table 8 and the note on consolidation accompanying table 11.
11. Refer to table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates,
    and accrued dividends on the Federal Reserve Bank of New York's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt
    securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC,
    Maiden Lane III LLC, and TALF 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 11.


 
11. Statement of Condition of Each Federal Reserve Bank,     March 24, 2010
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  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.         5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
Coin                                             2,098          74          81         168         155         312         195         327          27          66         144         204         345
Securities, repurchase agreements, term
   auction credit, and other loans           2,103,614      38,728     872,203      31,383      79,799      72,892     243,294     218,745      79,085      33,431      91,094      97,977     244,982
  Securities held outright (1)               2,017,955      38,711     788,769      31,307      79,725      72,721     243,136     218,364      79,056      33,408      91,089      97,571     244,098
    U.S. Treasury securities                   776,667      14,899     303,580      12,049      30,685      27,989      93,578      84,044      30,427      12,858      35,058      37,553      93,948
      Bills (2)                                 18,423         353       7,201         286         728         664       2,220       1,994         722         305         832         891       2,228
      Notes and bonds (3)                      758,244      14,545     296,379      11,763      29,957      27,325      91,358      82,050      29,705      12,553      34,226      36,662      91,720
    Federal agency debt securities (2)         167,488       3,213      65,467       2,598       6,617       6,036      20,180      18,124       6,562       2,773       7,560       8,098      20,260
    Mortgage-backed securities (4)           1,073,800      20,599     419,722      16,659      42,424      38,697     129,378     116,197      42,067      17,777      48,470      51,920     129,890
  Repurchase agreements (5)                          0           0           0           0           0           0           0           0           0           0           0           0           0
  Term auction credit                            3,410           0       1,845          20          74         160         125         294          28           5           5           0         854
  Other loans                                   82,249          18      81,589          56           0          11          33          87           1          18           1         406          30
Net portfolio holdings of Commercial
   Paper Funding Facility LLC (6)                7,776           0       7,776           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of Maiden
   Lane LLC (7)                                 27,317           0      27,317           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of Maiden
   Lane II LLC (8)                              15,343           0      15,343           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of Maiden
   Lane III LLC (9)                             22,142           0      22,142           0           0           0           0           0           0           0           0           0           0
Net portfolio holdings of TALF LLC (10)            404           0         404           0           0           0           0           0           0           0           0           0           0
Preferred interests in AIA Aurora LLC
   and ALICO Holdings LLC (11)                  25,106           0      25,106           0           0           0           0           0           0           0           0           0           0
Items in process of collection                     234          12           0          27          78           4         -17          15           3          43          23          23          22
Bank premises                                    2,239         121         260          70         143         238         220         209         136         110         267         252         213
Central bank liquidity swaps (12)                    0           0           0           0           0           0           0           0           0           0           0           0           0
Other assets (13)                               94,064       2,260      34,453       3,811       4,552       9,451       9,800       8,002       2,936       1,845       3,312       3,689       9,954
Interdistrict settlement account                     0   +   7,425   + 114,153   +  45,514   -  20,483   + 214,471   -  97,340   - 102,637   -  41,477   -   8,662   -  38,799   -  28,356   -  43,808

Total assets                                 2,316,574      49,230   1,124,951      81,634      64,947     298,662     158,162     125,995      41,188      27,119      56,530      74,691     213,464
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
11. Statement of Condition of Each Federal Reserve Bank,     March 24, 2010 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
Federal Reserve notes outstanding            1,079,061      35,069     391,998      38,433      44,476      83,380     137,820      86,294      32,412      19,947      28,407      65,557     115,268
  Less: Notes held by F.R. Banks               186,025       4,416      62,981       5,639       8,467      10,696      33,188      11,871       4,202       2,944       3,252      12,962      25,408
    Federal Reserve notes, net                 893,035      30,653     329,017      32,794      36,010      72,684     104,632      74,423      28,210      17,004      25,154      52,595      89,860
Reverse repurchase agreements (14)              54,719       1,050      21,388         849       2,162       1,972       6,593       5,921       2,144         906       2,470       2,646       6,619
Deposits                                     1,300,884      15,424     750,402      42,050      22,085     211,105      42,795      43,479      10,015       7,297      28,084      18,085     110,062
  Depository institutions                    1,147,747      15,416     597,706      42,045      22,081     211,040      42,792      43,471      10,014       7,296      28,083      18,085     109,717
  U.S. Treasury, general account                50,104           0      50,104           0           0           0           0           0           0           0           0           0           0
  U.S. Treasury, supplementary
     financing account                          99,983           0      99,983           0           0           0           0           0           0           0           0           0           0
  Foreign official                               2,420           1       2,392           4           3          11           2           1           0           1           0           1           3
  Other                                            629           6         217           1           1          54           0           7           1           0           1           0         342
Deferred availability cash items                 2,194          53           0         177         571          71         132         142          48         327          91         176         405
Other liabilities and accrued
   dividends (15)                               12,704         188       8,548         217         298         542         676         594         248         154         249         313         678

Total liabilities                            2,263,536      47,368   1,109,355      76,087      61,125     286,374     154,827     124,558      40,665      25,688      56,049      73,814     207,624

Capital
Capital paid in                                 26,247         914       7,563       2,945       1,898       5,344       1,596         645         234         712         209         407       3,782
Surplus                                         25,321         945       7,518       2,601       1,910       6,945       1,581         620         240         712         210         353       1,687
Other capital                                    1,469           3         515           0          14           0         158         172          49           7          62         117         371

Total liabilities and capital                2,316,574      49,230   1,124,951      81,634      64,947     298,662     158,162     125,995      41,188      27,119      56,530      74,691     213,464
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

11. Statement of Condition of Each Federal Reserve Bank,     March 24, 2010 (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 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 8 and the note on consolidation below.
11. Refer to table 9.
12. 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.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates, and accrued dividends on the Federal Reserve Bank of New York's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities and federal agency debt securities.
15. Includes the liabilities of Commercial Paper Funding Facility LLC, Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF 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 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. On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities
received by the FRBNY in connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC. The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S.
Treasury, the FRBNY is primarily responsible for directing the financial activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority
of any residual returns of the LLCs and absorb a majority of any residual losses of the LLCs. 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 10), 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 10).

 
12. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Mar 24, 2010 
 
Federal Reserve notes outstanding                                                          1,079,061
  Less: Notes held by F.R. Banks not subject to collateralization                            186,025
    Federal Reserve notes to be collateralized                                               893,035
Collateral held against Federal Reserve notes                                                893,035
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   876,798
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,017,955
  Less: Face value of securities under reverse repurchase agreements                          54,245
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      1,963,710
 
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.