FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                   April 14, 2016


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  Apr 13, 2016 
Federal Reserve Banks                                     Apr 13, 2016  Apr 6, 2016 Apr 15, 2015              

Reserve Bank credit                                         4,447,993   +    4,398   -      816    4,460,326  
  Securities held outright (1)                              4,245,566   +    1,886   +   14,708    4,256,748  
    U.S. Treasury securities                                2,461,359   +       23   +    1,594    2,461,368  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,341,898            0   -    4,811    2,341,898  
      Notes and bonds, inflation-indexed (2)                  103,501            0   +    5,032      103,501  
      Inflation compensation (3)                               15,960   +       23   +    1,373       15,969  
    Federal agency debt securities (2)                         29,257            0   -    7,480       29,257  
    Mortgage-backed securities (4)                          1,754,950   +    1,863   +   20,594    1,766,123  
  Unamortized premiums on securities held outright (5)        185,142   -      263   -   16,983      185,357  
  Unamortized discounts on securities held outright (5)       -16,330   +       31   +    1,572      -16,318  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                            41   +        7   +        7           41  
    Primary credit                                                  1   -        6   -        9            2  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                                39   +       12   +       15           39  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,722            0   +       30        1,722  
  Float                                                          -154   +      122   +      391         -236  
  Central bank liquidity swaps (8)                                 45   -      101   +       45           45  
  Other Federal Reserve assets (9)                             31,961   +    2,716   -      586       32,969  
Foreign currency denominated assets (10)                       21,062   +      210   +    1,692       20,884  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             47,756   +       14   +    1,038       47,756  
                                                                                                              
Total factors supplying reserve funds                       4,533,051   +    4,621   +    1,913    4,545,208  

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  Apr 13, 2016 
Federal Reserve Banks                                     Apr 13, 2016  Apr 6, 2016 Apr 15, 2015              

Currency in circulation (11)                                 1,444,509   +      560   +   82,633    1,444,981 
Reverse repurchase agreements (12)                             262,381   -   79,834   +   23,665      258,536 
  Foreign official and international accounts                  240,040   -      929   +   86,388      241,926 
  Others                                                        22,342   -   78,904   -   62,722       16,610 
Treasury cash holdings                                             196   -       15   -       34          183 
Deposits with F.R. Banks, other than reserve balances          280,720   -   21,931   +  210,556      282,719 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               239,635   -   24,688   +  189,188      237,928 
  Foreign official                                               5,176   +        2   -       54        5,197 
  Other (13)                                                    35,908   +    2,754   +   21,422       39,594 
Other liabilities and capital (14)                              48,415   +      987   -   18,423       48,947 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,036,221   -  100,233   +  298,397    2,035,365 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,496,830   +  104,853   -  296,484    2,509,842 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  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.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Apr 13, 2016 
                                                          Apr 13, 2016  Apr 6, 2016 Apr 15, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,243,424   -   14,142   -   45,335    3,241,975 
  Marketable U.S. Treasury securities (1)                    2,928,824   -   14,009   -   31,615    2,927,065 
  Federal agency debt and mortgage-backed securities (2)       266,663   +       97   -   18,087      266,963 
  Other securities (3)                                          47,937   -      230   +    4,367       47,947 
Securities lent to dealers                                      18,476   -    4,419   +    7,981       19,581 
  Overnight facility (4)                                        18,476   -    4,419   +    7,981       19,581 
    U.S. Treasury securities                                    18,432   -    4,410   +    8,253       19,537 
    Federal agency debt securities                                  44   -        9   -      273           44 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, April 13, 2016      

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                            2            39             0             0             0           ...            41 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                     394        80,207       117,587     1,156,734       474,174       632,271     2,461,368 
  Weekly changes                                 0             0    +        1    +        4    +        4    +       14    +       23 
Federal agency debt securities (2)                                                                                                     
  Holdings                                   2,161         2,000        11,767        10,982             0         2,347        29,257 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0           858         8,752     1,756,513     1,766,123 
  Weekly changes                                 0             0             0             0             0    +   13,036    +   13,036 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)                45             0             0             0             0             0            45 
                                                                                                                                       
Reverse repurchase agreements (4)          258,536             0           ...           ...           ...           ...       258,536 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  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.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  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.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Apr 13, 2016  

Mortgage-backed securities held outright (1)                                                                             1,766,123  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           19,633  
Commitments to sell mortgage-backed securities (2)                                                                               0  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    0  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Apr 13, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,722  
                                                                                                                                    
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  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



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, 2015. 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 6.                                                  
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 5 and table 6.                      


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. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Apr 13, 2016   Wednesday    Wednesday  
                                                        consolidation                 Apr 6, 2016 Apr 15, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,874   +        1   +       61  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,425,827   +   13,179   +   11,417  
    Securities held outright (1)                                          4,256,748   +   13,059   +   26,613  
      U.S. Treasury securities                                            2,461,368   +       23   +    1,562  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,341,898            0   -    4,811  
        Notes and bonds, inflation-indexed (2)                              103,501            0   +    5,033  
        Inflation compensation (3)                                           15,969   +       23   +    1,340  
      Federal agency debt securities (2)                                     29,257            0   -    6,638  
      Mortgage-backed securities (4)                                      1,766,123   +   13,036   +   31,689  
    Unamortized premiums on securities held outright  
    (5)                                                                     185,357   +       86   -   16,762  
    Unamortized discounts on securities held outright 
    (5)                                                                     -16,318   +       31   +    1,564  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                        41   +        4   +        3  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,722            0   +       28  
  Items in process of collection                                   (0)          169   +        1   +       73  
  Bank premises                                                               2,222   +        2   -       21  
  Central bank liquidity swaps (8)                                               45   -      101   +       45  
  Foreign currency denominated assets (9)                                    20,884   -      131   +    1,486  
  Other assets (10)                                                          30,749   +    2,708   +    1,273  
                                                                                                               
Total assets                                                       (0)    4,499,729   +   15,660   +   14,363  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Apr 13, 2016   Wednesday    Wednesday  
                                                        consolidation                 Apr 6, 2016 Apr 15, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,399,277   -      764   +   82,199 
  Reverse repurchase agreements (11)                                         258,536   -    9,971   +   30,885 
  Deposits                                                          (0)    2,792,564   +   24,462   -   81,829 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,509,845   +   42,754   -  239,110 
    U.S. Treasury, General Account                                           237,928   -   25,609   +  126,377 
    Foreign official                                                           5,197   +       24   -       34 
    Other (12)                                                      (0)       39,594   +    7,293   +   30,938 
  Deferred availability cash items                                  (0)          405   -      142   -      183 
  Other liabilities and accrued dividends (13)                                 8,890   +    2,077   +      923 
                                                                                                               
Total liabilities                                                   (0)    4,459,672   +   15,662   +   31,995 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,057   -        2   +    1,213 
  Surplus                                                                     10,000            0   -   18,844 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,057   -        2   -   17,632 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  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.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities.                        
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, April 13, 2016
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         347       3,709          340         505         783       1,600         734         299         171         288         891       1,370
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,874          50          84          132         138         295         175         280          25          58         152         182         303
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,425,827     112,192   2,656,853      110,077     106,406     240,380     249,225     164,448      46,166      26,924      57,503     142,569     513,084
    Securities held outright (1)               4,256,748     107,906   2,555,377      105,872     102,342     231,199     239,706     158,157      44,391      25,888      55,297     137,124     493,487
      U.S. Treasury securities                 2,461,368      62,394   1,477,588       61,218      59,177     133,686     138,605      91,451      25,668      14,969      31,974      79,289     285,348
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,461,368      62,394   1,477,588       61,218      59,177     133,686     138,605      91,451      25,668      14,969      31,974      79,289     285,348
      Federal agency debt securities (2)          29,257         742      17,563          728         703       1,589       1,648       1,087         305         178         380         942       3,392
      Mortgage-backed securities (4)           1,766,123      44,770   1,060,225       43,926      42,462      95,924      99,454      65,619      18,418      10,741      22,943      56,893     204,748
    Unamortized premiums on securities held 
      outright (5)                               185,357       4,699     111,272        4,610       4,456      10,067      10,438       6,887       1,933       1,127       2,408       5,971      21,488
    Unamortized discounts on securities     
      held outright (5)                          -16,318        -414      -9,796         -406        -392        -886        -919        -606        -170         -99        -212        -526      -1,892
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                             41           0           0            0           0           0           0          11          12           8          10           0           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,722           0       1,722            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     169           0           0            0           0           0         168           0           0           0           0           0           0
  Bank premises                                    2,222         122         432           74         105         209         206         202         116          91         241         226         198
  Central bank liquidity swaps (8)                    45           2          15            2           3          10           2           1           0           0           0           1           7
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,884         923       6,892        1,149       1,591       4,657       1,159         560         214          89         208         265       3,177
  Other assets (10)                               30,749         820      17,918          775         751       1,854       1,760       1,163         408         211         450       1,048       3,591
  Interdistrict settlement account                     0  -   29,092  -  202,198   +    9,692  +   26,233  +   33,360  +   13,421  +   10,174  +   11,489  +    6,104  +    2,706  +   28,637  +   89,474
                                                                                                                                                                                                         
Total assets                                   4,499,729      85,560   2,487,243      122,452     135,969     281,962     268,371     177,986      58,869      33,739      61,701     174,100     611,777

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, April 13, 2016 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,568,654      49,151     498,905      49,221      81,750     108,487     222,713     105,565      50,809      27,144      40,010     130,296     204,604
    Less: Notes held by F.R. Banks               169,377       5,174      58,494       5,618       8,735      11,460      22,756      10,225       4,865       2,346       4,871      12,576      22,257
      Federal Reserve notes, net               1,399,277      43,977     440,411      43,604      73,015      97,027     199,957      95,339      45,944      24,798      35,139     117,720     182,347
  Reverse repurchase agreements (11)             258,536       6,554     155,202       6,430       6,216      14,042      14,559       9,606       2,696       1,572       3,359       8,328      29,972
  Deposits                                     2,792,564      33,037   1,873,575      69,988      53,465     161,434      51,024      71,143       9,646       6,745      22,639      47,217     392,651
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,509,845      33,033   1,598,349      69,986      53,462     161,149      51,015      63,977       9,636       6,745      22,637      47,215     392,641
    U.S. Treasury, General Account               237,928           0     237,928           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,197           2       5,170           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    39,594           2      32,127           0           0         277           7       7,165           9           0           1           2           5
  Deferred availability cash items                   405           0           0           0           0           0         104           0           0         301           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,744          42       1,161          31          21          38          99          68          16           9          21          60         179
  Other liabilities and accrued             
     dividends                                     7,146         203       3,774         242         239         615         422         324         151         143         149         266         619
                                                                                                                                                                                                        
Total liabilities                              4,459,672      83,813   2,474,122     120,296     132,955     273,156     266,164     176,481      58,453      33,568      61,306     173,591     605,768
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,057       1,305       9,822       1,606       2,252       6,575       1,652       1,237         313         128         296         383       4,488
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,499,729      85,560   2,487,243     122,452     135,969     281,962     268,371     177,986      58,869      33,739      61,701     174,100     611,777

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, April 13, 2016 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; 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. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  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.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities.                               
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Apr 13, 2016  

Federal Reserve notes outstanding                                                            1,568,654  
  Less: Notes held by F.R. Banks not subject to collateralization                              169,377  
    Federal Reserve notes to be collateralized                                               1,399,277  
Collateral held against Federal Reserve notes                                                1,399,277  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,383,041  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,256,748  
  Less: Face value of securities under reverse repurchase agreements                           240,247  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        4,016,500  

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 securities lending facility; refer to table     
    1A.