Reserve Bank credit, related items, and

reserve balances of depository institutions

at Federal Reserve Banks

Reserve Bank credit 841,481 - 2,724 + 32,378 840,250

Securities held outright 778,871 + 3 + 30,044 778,876

U.S. Treasury1 778,871 + 3 + 30,044 778,876

Bills2 277,019 0 + 4,162 277,019

Notes and bonds, nominal2 466,675 - 1,019 + 16,095 466,675

Notes and bonds, inflation-indexed2 31,776 + 1,019 + 9,580 31,776

Inflation compensation3 3,401 + 3 + 207 3,406

Federal agency2 0 0 0 0

Repurchase agreements4 22,393 - 3,107 + 2,357 19,750

Loans to depository institutions 21 - 189 - 12 23

Primary credit 1 - 188 - 4 0

Secondary credit 0 0 0 0

Seasonal credit 20 - 2 - 8 23

Float -452 + 490 - 332 717

Other Federal Reserve assets 40,648 + 80 + 320 40,884

Gold stock 11,041 0 - 3 11,041

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

Treasury currency outstanding5 38,303 + 14 + 1,445 38,303

Total factors supplying reserve funds 893,025 - 2,710 + 33,820 891,794

Currency in circulation5 802,449 + 1,606 + 17,997 804,987

Reverse repurchase agreements6 35,489 + 3,783 + 12,211 33,630

Foreign official and international accounts 35,489 + 3,783 + 12,211 33,630

Dealers 0 0 0 0

Treasury cash holdings 178 - 32 - 28 196

Deposits with F.R. Banks, other than reserve balances 12,385 + 117 - 1,831 12,512

U.S. Treasury, general account 5,097 + 42 - 263 5,255

Foreign official 89 - 1 + 6 90

Service-related 6,861 + 26 - 1,611 6,861

Required clearing balances 6,861 + 26 - 1,611 6,861

Adjustments to compensate for float 0 0 0 0

Other 337 + 50 + 35 306

Other liabilities and capital 37,126 - 291 + 5,849 36,801

Total factors, other than reserve balances,

absorbing reserve funds 887,626 + 5,183 + 34,196 888,128

Reserve balances with Federal Reserve Banks 5,399 - 7,892 - 377 3,667

Memo (off-balance-sheet items):

Marketable securities held in custody for foreign

 official and international accounts2,7 1,797,684 + 7,491 + 253,616 1,800,977

U.S. Treasury 1,180,647 + 7,344 + 75,968 1,178,446

Federal agency 617,037 + 147 + 177,648 622,531

Securities lent to dealers 2,819 + 1,530 + 563 816

FEDERAL RESERVE statistical release

 February 8, 2007

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

 Feb 7, 2007 Week ended

 Feb 7, 2007 Jan 31, 2007 Feb 8, 2006
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 - 3

Special drawing rights certificate account 2,200 0 0

Coin 1,040 - 29 + 210

Securities, repurchase agreements, and loans 798,649 - 13,540 + 30,280

Securities held outright 778,876 + 13 + 30,048

U.S. Treasury1 778,876 + 13 + 30,048

Bills2 277,019 0 + 4,151

Notes and bonds, nominal2 466,675 0 + 16,095

Notes and bonds, inflation-indexed2 31,776 0 + 9,580

Inflation compensation3 3,406 + 13 + 222

Federal agency2 0 0 0

Repurchase agreements4 19,750 - 12,250 + 250

Loans 23 - 1,303 - 18

Items in process of collection (893) 5,093 + 2,364 - 2,532

Bank premises 1,956 - 6 + 132

Other assets5 38,893 + 520 + 284

Total assets (893) 858,868 - 10,691 + 28,371

Liabilities

Federal Reserve notes, net of F.R. Bank holdings 767,917 + 2,331 + 16,910

Reverse repurchase agreements6 33,630 + 1,251 + 10,952

Deposits (0) 16,144 - 14,513 - 2,780

Depository institutions 10,492 - 13,736 - 4,121

U.S. Treasury, general account 5,255 - 798 + 1,282

Foreign official 90 0 + 8

Other (0) 306 + 21 + 50

Deferred availability cash items (893) 4,376 + 165 - 2,368

Other liabilities and accrued dividends7 5,619 + 51 + 1,423

Total liabilities (893) 827,686 - 10,714 + 24,137

Capital accounts

Capital paid in 15,361 + 3 + 1,788

Surplus 15,156 + 29 + 2,272

Other capital accounts 665 - 9 + 174

Total capital 31,182 + 23 + 4,234

H.4.1

2. Consolidated Statement of Condition of All Federal Reserve Banks

Millions of dollars

Change since

Wednesday

 Feb 8, 2006

Eliminations from

consolidation Wednesday

 Feb 7, 2007

Wednesday

 Jan 31, 2007

3. Maturity Distribution of Loans and Securities, February 7, 2007

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 8 56,872 + 797 0 0 19,750 33,630

16 days to 90 days 16 169,234 - 300 0 0 0 0

91 days to 1 year 0 178,853 - 496 0 0 . . . . . . 

Over 1 year to 5 years . . . 222,482 + 4 0 0 . . . . . . 

Over 5 years to 10 years . . . 69,783 + 3 0 0 . . . . . . 

Over 10 years . . . 81,652 + 5 0 0 . . . . . . 

All 23 778,876 + 13 0 0 19,750 33,630

Assets, liabilities, and capital

Maturity
H.4.1

4. Statement of Condition of Each Federal Reserve Bank on February 7, 2007Millions 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 1,040 798,649 778,876 778,876 277,019 501,857 0 19,750 23 5,986 1,956 38,893 0 859,761

Assets, liabilities, and capital

 4,139 874 69 308,033 288,283 288,283 102,532 185,751 0 19,750 0 68 211 12,336 -22,153 303,577

 486 115 40 37,174 37,167 37,167 13,219 23,948 0 0 8 218 117 1,354 - 748 38,757

 463 83 64 33,815 33,815 33,815 12,027 21,789 0 0 0 615 58 3,163 - 1,051 37,210

 446 104 100 33,632 33,632 33,632 11,962 21,670 0 0 0 918 157 2,244 - 3,808 33,792

 853 147 104 64,701 64,701 64,701 23,012 41,689 0 0 0 551 169 6,988 + 2,632 76,144

 1,023 166 118 65,205 65,205 65,205 23,191 42,014 0 0 0 609 231 3,208 +11,093 81,654

 947 212 121 71,521 71,516 71,516 25,436 46,080 0 0 5 345 206 2,699 - 2,104 73,946

 328 71 44 24,746 24,746 24,746 8,801 15,945 0 0 0 154 80 812 + 5,876 32,111

 2   15,8 15,8 15,8 5,6 10,2    2 1 7 - 5 16,7
 961,002

 193,086 767,917 767,917 11,037 2,200 754,680 0 798,626 33,683 764,943

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.

 961,002 193,086 767,917 33,630 16,144 10,492 5,255 90 306 5,269 5,619 828,579 15,361 15,156 665 859,761

 39,103 3,963 35,141 1,605 507 503 0 1 3 420 261 37,934 396 396 31 38,757

 341,205 62,786 278,419 12,448 3,050 1,548 5,255 60 -3,813 112 1,813 295,841 3,725 3,738 273 303,577

 38,164 7,428 30,735 1,460 532 525 0 5 2 783 261 33,771 1,810 1,630 0 37,210

 36,114 7,393 28,721 1,452 795 792 0 3 0 344 271 31,583 1,089 1,087 33 33,792

 75,263 12,902 62,361 2,794 1,548 1,448 0 11 89 611 606 67,920 4,093 4,094 37 76,144

 100,885 26,963 73,921 2,815 1,188 1,185 0 3 0 593 529 79,047 1,275 1,276 56 81,654

 82,291 15,067 67,224 3,088 1,060 1,057 0 2 0 293 507 72,172 859 858 57 73,946

 29,193 3,232 25,962 1,068 4,396 374 0 0 4,021 119 213 31,758 168 166 19 32,111

 17,3 2,5 14,8 6 2 2    2 1 16,1 2 2  16,7

H.4.14. Statement of Condition of Each Federal Reserve Bank on February 7, 2007 (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

 Feb 7, 2007

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.