FEDERAL RESERVE statistical release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                             April 16, 2009
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                            Averages of daily figures
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Apr 15, 2009  Apr 8, 2009 Apr 16, 2008 Apr 15, 2009

Reserve Bank credit                                       2,098,773   +   29,169   +1,231,892    2,169,405
  Securities held outright                                  859,540   +   62,623   +  310,918      943,181       
    U.S. Treasury securities (1)                            514,565   +    9,047   -   34,057      526,103
      Bills (2)                                              18,423            0   -   51,894       18,423
      Notes and bonds, nominal (2)                          452,592   +    8,982   +   17,541      464,032
      Notes and bonds, inflation-indexed (2)                 39,391   +       13   +      954       39,473
      Inflation compensation (3)                              4,158   +       50   -      659        4,176
    Federal agency debt securities (2)                       57,760   +    2,999   +   57,760       61,441
    Mortgage-backed securities (4)                          287,215   +   50,577   +  287,215      355,637
  Repurchase agreements (5)                                       0            0   -  106,964            0
  Term auction credit                                       455,800   -   11,477   +  355,800      455,799  
  Other loans                                               114,419   -    7,609   +   81,756      111,202
    Primary credit                                           48,490   -      669   +   40,649       46,869
    Secondary credit                                             67   +        3   +       67           60
    Seasonal credit                                               2   -        1   -       16            2
    Primary dealer and other broker-dealer credit (6)        12,886   -    4,714   -   11,918       10,400
    Asset-Backed Commercial Paper Money Market
      Mutual Fund Liquidity Facility                          2,695   -    2,243   +    2,695        2,013
    Credit extended to American International
      Group, Inc. (7)                                        45,106   -      465   +   45,106       45,479
    Term Asset-Backed Securities Loan Facility                5,174   +      482   +    5,174        6,379
    Other credit extensions                                       0            0            0            0
  Net portfolio holdings of Commercial Paper 
    Funding Facility LLC (8)                                250,248   -      349   +  250,248      238,439
  Net portfolio holdings of LLCs funded through
    the Money Market Investor Funding Facility (9)                0            0            0            0
  Net portfolio holdings of Maiden Lane LLC (10)             26,404   +       60   +   26,404       26,439
  Net portfolio holdings of Maiden Lane II LLC (11)          18,228   -      163   +   18,228       18,234
  Net portfolio holdings of Maiden Lane III LLC (12)         27,359   -      117   +   27,359       27,412
  Float                                                      -2,129   +      154   -      682       -2,597
  Central bank liquidity swaps (13)                         293,533   -   19,306   +  257,533      293,533
  Other Federal Reserve assets (14)                          55,372   +    5,354   +   11,292       57,763
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (15)                           38,884   +       14   +      177       38,884
       
Total factors supplying reserve funds                     2,150,898   +   29,183   +1,232,069    2,221,530

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
reserve balances of depository institutions at            Week ended   Change from week ended     Wednesday
Federal Reserve Banks                                    Apr 15, 2009  Apr 8, 2009 Apr 16, 2008 Apr 15, 2009

Currency in circulation (15)                                901,396   +      201   +   87,488      901,942
Reverse repurchase agreements (16)                           71,379   +    5,322   +   31,332       70,627
  Foreign official and international accounts                71,379   +    5,322   +   31,332       70,627
  Dealers                                                         0            0            0            0
Treasury cash holdings                                          323   +        7   -       34          333
Deposits with F.R. Banks, other than reserve balances       283,762   +   23,472   +  271,450      302,140       
  U.S. Treasury, general account                             41,866   +    5,885   +   37,121       94,509
  U.S. Treasury, supplementary financing account            199,929   +        1   +  199,929      199,929
  Foreign official                                            2,474   +    1,339   +    2,377        2,775
  Service-related                                             4,405   -       23   -    2,749        4,405
    Required clearing balances                                4,368   -       60   -    2,786        4,368
    Adjustments to compensate for float                          37   +       37   +       37           37
  Other                                                      35,088   +   16,270   +   34,772          521
Other liabilities and capital (17)                           56,109   +      880   +   11,547       56,029

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                1,312,968   +   29,882   +  401,783    1,331,072

Reserve balances with Federal Reserve Banks                 837,930   -      699   +  830,285      890,458
                                                                
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. Excludes credit extended to consolidated LLCs.
8. Refer to table 7 and the note on consolidation accompanying table 10.
9. Refer to table 8 and the note on consolidation accompanying table 10.
10. Refer to table 4 and the note on consolidation accompanying table 10.
11. Refer to table 5 and the note on consolidation accompanying table 10.
12. Refer to table 6 and the note on consolidation accompanying table 10.
13. 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.
14. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities.
17. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III 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 10.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


1A. Memorandum Items 
Millions of dollars
                                                                   Averages of daily figures
Memorandum item                                           Week ended   Change from week ended     Wednesday
                                                         Apr 15, 2009  Apr 8, 2009 Apr 16, 2008 Apr 15, 2009

Marketable securities held in custody for foreign
      official and international accounts (1)             2,641,037   +   19,676   +  400,734    2,647,306
  U.S. Treasury securities                                1,832,398   +   20,353   +  504,763    1,842,954
  Federal agency securities (2)                             808,640   -      676   -  104,028      804,352
Securities lent to dealers                                   57,166   -    8,393   -   81,251       59,903   
  Overnight facility (3)                                      2,916   -    2,207   -    6,401        5,653
  Term facility (4)                                          54,250   -    6,186   -   74,850       54,250

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. 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,     April 15, 2009
Millions of dollars

Remaining maturity                 Within 15  16 days to  91 days to  Over 1 year  Over 5 years  Over 10       All
                                      days     90 days      1 year     to 5 years   to 10 years   years 
Term auction credit                  136,051     319,748         ---          ---           ---        ---     455,799
Other loans (1)                       54,403       4,941            0      51,858           ---        ---     111,202
U.S. Treasury securities (2) 
  Holdings                            16,262      25,685       66,351     202,091       110,944    104,771     526,103
  Weekly changes                  -      682  -      257   +    4,451  +   13,118    +    1,038 +       22  +   17,689
Federal agency debt securities (3) 
  Holdings                                 0           0        4,175      43,981        13,080        205      61,441
  Weekly changes                           0           0   +       85  +    5,451    -      383          0  +    5,153
Mortgage-backed securities (4)    
  Holdings                                 0           0            0           0             0    355,637     355,637
  Weekly changes                           0           0            0           0             0 +  118,986  +  118,986
Commercial paper held by
  Commercial Paper Funding 
  Facility LLC (5)                   150,928      85,651            0         ---           ---        ---     236,578
Money market instruments held by
  LLCs funded through the Money
  Market Investor Funding
  Facility (6)                             0           0            0         ---           ---        ---           0
Repurchase agreements (7)                  0           0          ---         ---           ---        ---           0
Central bank liquidity swaps (8)     152,943     140,590            0           0             0          0     293,533

Reverse repurchase agreements (7)     70,627           0          ---         ---           ---        ---      70,627
  
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, the 
   LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden 
   Lane III 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 money market instruments held by LLCs funded through the Money Market Investor Funding Facility.
7. Cash value of agreements.
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.


3. Supplemental Information on Mortgage-Backed Securities Purchase Program
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Apr 15, 2009

Mortgage-backed securities held outright (1)                                                       355,637

Commitments to buy mortgage-backed securities (2)                                                  104,315
Commitments to sell mortgage-backed securities (2)                                                 110,850

Cash and cash equivalents (3)                                                                        1,700

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 9 and table 10.


4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                  Wednesday
Account name                                                                                    Apr 15, 2009
         
Net portfolio holdings of Maiden Lane LLC (1)                                                       26,439

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)                                   309
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)        1,205
 
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, 2008.  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 10.
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 9 and table 10.

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                                                                                     Apr 15, 2009

Net portfolio holdings of Maiden Lane II LLC (1)                                                     18,234

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            18,251
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    107
Deferred payment and accrued interest payable to subsidiaries of American International 
  Group, Inc. (3)                                                                                     1,013

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, 2008.  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 10.
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 9 and table 10.

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                                                                                     Apr 15, 2009

Net portfolio holdings of Maiden Lane III LLC (1)                                                    27,412

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)            23,542
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    147
Outstanding principal amount and accrued interest on loan payable to American International
  Group, Inc. (3)                                                                                     5,073

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, 2008.  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 10.
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 9 and table 10.

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                                                                                     Apr 15, 2009

Commercial paper holdings, net (1)                                                                  235,770
Other investments, net                                                                                2,670
Net portfolio holdings of Commercial Paper Funding Facility LLC                                     238,439

Memorandum: Commercial paper holdings, face value                                                   236,578

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)           235,246
Accrued interest payable to the Federal Reserve Bank of New York (2)                                    103

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 10.

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 LLCs Funded through the Money Market Investor Funding Facility 
Millions of dollars
                                                                                                   Wednesday
Account name                                                                                     Apr 15, 2009

Money market instrument holdings, net (1)                                                                 0
Other investments, net                                                                                    0
Net portfolio holdings of LLCs funded through the Money Market Investor Funding Facility                  0

Memorandum: Money market instrument holdings, face value                                                  0

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
Commercial paper issued by LLCs funded through the Money Market Investor Funding Facility, 
  net of related discounts                                                                                0

1. Book value, which includes amortized cost.
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 10.

Note:  The Federal Reserve Board authorized the Federal Reserve Bank of New York to extend credit under the 
authority of section 13(3) of the Federal Reserve Act to a series of limited liability companies funded through 
the Money Market Investor Funding Facility (MMIFF).  The MMIFF became operational on November 24, 2008.  These 
limited liability companies were established to purchase short-term U.S. dollar-denominated certificates of 
deposit, bank notes, and outstanding asset-backed commercial paper from eligible issuers.  Such purchases are 
designed to foster liquidity in short-term money markets.


9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Apr 15, 2009      Apr 8, 2009     Apr 16, 2008

Assets
Gold certificate account                                           11,037                0                0
Special drawing rights certificate account                          2,200                0                0
Coin                                                                1,838       +        3       +      457
Securities, repurchase agreements, term auction
      credit, and other loans                                   1,510,182       +  126,321       +  722,792
  Securities held outright                                        943,181       +  141,828       +  394,549
    U.S. Treasury securities (1)                                  526,103       +   17,689       -   22,529       
      Bills (2)                                                    18,423                0       -   51,894
      Notes and bonds, nominal (2)                                464,032       +   17,544       +   28,981
      Notes and bonds, inflation-indexed (2)                       39,473       +       95       +    1,036
      Inflation compensation (3)                                    4,176       +       49       -      651
    Federal agency debt securities (2)                             61,441       +    5,153       +   61,441
    Mortgage-backed securities (4)                                355,637       +  118,986       +  355,637
  Repurchase agreements (5)                                             0                0       -  104,250    
  Term auction credit                                             455,799       -   11,478       +  355,799
  Other loans                                                     111,202       -    4,028       +   76,694
Net portfolio holdings of Commercial Paper 
  Funding Facility LLC (6)                                        238,439       -   12,787       +  238,439
Net portfolio holdings of LLCs funded through
  the Money Market Investor Funding Facility (7)                        0                0                0
Net portfolio holdings of Maiden Lane LLC (8)                      26,439       +       41       +   26,439
Net portfolio holdings of Maiden Lane II LLC (9)                   18,234       +        7       +   18,234
Net portfolio holdings of 
  Maiden Lane III LLC (10)                                         27,412       +       62       +   27,412
Items in process of collection                         (530)          839       -       13       -      641
Bank premises                                                       2,187       +        2       +       44
Central bank liquidity swaps (11)                                 293,533       -   19,863       +  257,533
Other assets (12)                                                  55,616       +    4,177       +   13,761
     
      Total assets                                     (530)    2,187,957       +   97,951       +1,304,471

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


9. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                 Eliminations                          Change since
                                                     from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital                consolidation Apr 15, 2009      Apr 8, 2009     Apr 16, 2008
                         
Liabilities
Federal Reserve notes, net of F.R. Bank holdings                  865,226       -      849       +   87,715
Reverse repurchase agreements (13)                                 70,627       +    3,655       +   29,968
Deposits                                                 (0)    1,192,639       +   94,534       +1,174,870       
  Depository institutions                                         894,904       +   53,315       +  882,161
  U.S. Treasury, general account                                   94,509       +   70,825       +   89,895
  U.S. Treasury, supplementary financing account                  199,929       +        1       +  199,929
  Foreign official                                                  2,775       +    1,158       +    2,678
  Other                                                  (0)          521       -   30,766       +      206
Deferred availability cash items                       (530)        3,436       -      196       -      439
Other liabilities and accrued dividends (14)                       10,299       +      890       +    6,661

      Total liabilities                                (530)    2,142,226       +   98,033       +1,298,774
                          
Capital accounts
Capital paid in                                                    22,601       +        6       +    3,016
Surplus                                                            21,173       +        8       +    2,702
Other capital accounts                                              1,957       -       96       -       20

      Total capital                                                45,731       -       81       +    5,698

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 10.
7. Refer to table 8 and the note on consolidation accompanying table 10.
8. Refer to table 4 and the note on consolidation accompanying table 10.
9. Refer to table 5 and the note on consolidation accompanying table 10.
10. Refer to table 6 and the note on consolidation accompanying table 10.
11. 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. 
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market 
    Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and Maiden Lane III 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 10. 


10. Statement of Condition of Each Federal Reserve Bank,     April 15, 2009
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital               Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Assets                        
Gold certificate account                      11,037        424      3,935        453        423        891      1,221        913        344        199        349        636      1,249
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                           1,838         67         83        159        147        251        213        224         38         62        127        177        291
Securities, repurchase agreements, term
      auction credit, and other loans      1,510,182     59,097    679,374     79,295     44,236    169,697    103,171     91,362     37,093     18,783     36,974     45,519    145,582
  Securities held outright                   943,181     39,561    335,578     41,181     35,765     85,526     93,845     83,245     32,593     17,806     34,632     39,124    104,326
    U.S. Treasury securities (1)             526,103     22,067    187,184     22,970     19,950     47,706     52,346     46,434     18,180      9,932     19,317     21,823     58,193
      Bills (2)                               18,423        773      6,555        804        699      1,671      1,833      1,626        637        348        676        764      2,038
      Notes and bonds (3)                    507,681     21,294    180,630     22,166     19,251     46,036     50,513     44,808     17,544      9,584     18,641     21,059     56,155
    Federal agency debt securities (2)        61,441      2,577     21,860      2,683      2,330      5,571      6,113      5,423      2,123      1,160      2,256      2,549      6,796
    Mortgage-backed securities (4)           355,637     14,917    126,533     15,528     13,486     32,249     35,385     31,388     12,290      6,714     13,058     14,752     39,337
  Repurchase agreements (5)                        0          0          0          0          0          0          0          0          0          0          0          0          0
  Term auction credit                        455,799     17,282    240,022     38,010      8,464     83,498      9,009      6,304      4,387        743      2,342      6,063     39,676     
  Other loans                                111,202      2,255    103,774        104          7        673        317      1,813        113        234          1        332      1,581
Net portfolio holdings of Commercial
  Paper Funding Facility LLC (6)             238,439          0    238,439          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of LLCs funded
  through the Money Market Investor
  Funding Facility (7)                             0          0          0          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden Lane 
  LLC (8)                                     26,439          0     26,439          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane II LLC (9)                             18,234          0     18,234          0          0          0          0          0          0          0          0          0          0
Net portfolio holdings of Maiden
  Lane III LLC (10)                           27,412          0     27,412          0          0          0          0          0          0          0          0          0          0
Items in process of collection                 1,368         36          0        254        193         33        238        132        140         65         41         67        170
Bank premises                                  2,187        122        209         65        146        235        223        208        133        112        272        249        212
Central bank liquidity swaps (11)            293,533     11,761     78,049     32,250     21,622     83,307     22,451      9,800      2,921      4,519      2,896      3,775     20,182
Other assets (12)                             55,616      2,296     17,624      4,039      2,951      9,712      4,950      3,543      1,345        979      1,407      1,644      5,125
Interdistrict settlement account                   0  +  11,412  -  28,604  -  52,191  +   6,857  -   4,067  +  16,591  +   1,805  -   5,415  -   1,498  +   9,886  +  10,971  +  34,255

      Total assets                         2,188,487     85,331  1,062,069     64,407     76,678    260,205    149,225    108,199     36,670     23,251     52,018     63,135    207,300

Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,     April 15, 2009 (continued)
Millions of dollars
                                                                                                                                                            Kansas                 San
Assets, liabilities, and capital                Total     Boston   New York Philadelphia Cleveland   Richmond   Atlanta    Chicago   St. Louis  Minneapolis   City      Dallas   Francisco

Liabilities                         
Federal Reserve notes outstanding           1,046,717     37,148    370,791     40,340     45,548     79,173    132,491     87,852     29,942     19,987     29,251     63,209    110,985
  Less: Notes held by F.R. Banks              181,491      5,027     57,610      4,945      7,558     12,110     27,889     13,049      3,857      2,719      3,493     18,270     24,963
    Federal Reserve notes, net                865,226     32,121    313,181     35,395     37,990     67,063    104,601     74,803     26,085     17,268     25,759     44,939     86,021
Reverse repurchase agreements (13)             70,627      2,962     25,129      3,084      2,678      6,404      7,027      6,234      2,441      1,333      2,593      2,930      7,812
Deposits                                    1,192,639     48,136    702,905     20,350     32,196    173,711     33,581     24,820      7,373      3,270     22,903     14,268    109,125
  Depository institutions                     894,904     48,132    405,343     20,346     32,192    173,573     33,575     24,819      7,364      3,270     22,901     14,267    109,122
  U.S. Treasury, general account               94,509          0     94,509          0          0          0          0          0          0          0          0          0          0
  U.S. Treasury, supplementary
    financing account                         199,929          0    199,929          0          0          0          0          0          0          0          0          0          0
  Foreign official                              2,775          2      2,746          4          3         11          3          1          0          1          0          1          3
  Other                                           521          3        378          0          1        127          2          0          8          0          1          0          0
Deferred availability cash items                3,966        107          0        599        435        178        330        448        172        380        211        239        865
Other liabilities and accrued                 
  dividends (14)                               10,299        165      7,711        201        189        505        353        290        153        112        126        175        319
   
      Total liabilities                     2,142,756     83,491  1,048,927     59,629     73,489    247,862    145,892    106,596     36,223     22,363     51,591     62,550    204,143
                              
Capital                    
Capital paid in                                22,601        912      6,364      2,379      1,587      6,164      1,654        786        217        487        206        286      1,558
Surplus                                        21,173        844      5,704      2,315      1,552      5,981      1,612        704        210        324        208        271      1,449
Other capital                                   1,957         83      1,075         83         50        198         67        113         20         77         13         27        150

      Total liabilities and capital         2,188,487     85,331  1,062,069     64,407     76,678    260,205    149,225    108,199     36,670     23,251     52,018     63,135    207,300
                              
Note: Components may not sum to totals because of rounding.  Footnotes appear at the end of the table.


10. Statement of Condition of Each Federal Reserve Bank,     April 15, 2009 (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 8 and the note on consolidation below.
8. Refer to table 4 and the note on consolidation below.
9. Refer to table 5 and the note on consolidation below.
10. Refer to table 6 and the note on consolidation below.
11. 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.
12. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates.
13. Cash value of agreements, which are collateralized by U.S. Treasury securities.
14. Includes the liabilities of Commercial Paper Funding Facility LLC, the LLCs funded through the Money Market Investor Funding Facility, Maiden Lane LLC, Maiden Lane II LLC, and  Maiden 
    Lane III 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 October 21, 2008, the Federal Reserve Board authorized the FRBNY 
to extend credit to a series of LLCs funded through the Money Market Investor Funding Facility.  These LLCs, which became operational on November 24, 2008, were established to purchase 
short-term U.S. dollar-denominated certificates of deposit, bank notes, and 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.

The FRBNY is the sole beneficiary of Commercial Paper Funding Facility LLC and the primary beneficiary of the other LLCs cited above. 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 9), 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 9).


11. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars

Federal Reserve notes and collateral                                                              Wednesday
                                                                                                Apr 15, 2009
              
Federal Reserve notes outstanding                                                                1,046,717
  Less: Notes held by F.R. Banks not subject to collateralization                                  181,491
    Federal Reserve notes to be collateralized                                                     865,226 
Collateral held against Federal Reserve notes                                                      865,226
  Gold certificate account                                                                          11,037
  Special drawing rights certificate account                                                         2,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                         851,989
  Other assets pledged                                                                                   0

Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                             943,181
  Less: Face value of securities under reverse repurchase agreements                                67,599
    U.S. Treasury, agency debt, and mortgage-backed securities
    eligible to be pledged                                                                         875,582
   
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.