FEDERAL RESERVE statistical release
H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                               April 14, 2011
 
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, 2011
Federal Reserve Banks                                     Apr 13, 2011  Apr 6, 2011 Apr 14, 2010
 
Reserve Bank credit                                        2,643,294   +   23,661   +  345,850    2,649,498
  Securities held outright (1)                             2,437,073   +   21,765   +  413,175    2,442,738
    U.S. Treasury securities                               1,368,112   +   22,454   +  591,403    1,374,695
      Bills (2)                                               18,423            0            0       18,423
      Notes and bonds, nominal (2)                         1,283,271   +   22,377   +  574,399    1,289,826
      Notes and bonds, inflation-indexed (2)                  59,486            0   +   15,709       59,486
      Inflation compensation (3)                               6,932   +       76   +    1,294        6,960
    Federal agency debt securities (2)                       131,806   -      689   -   37,109      130,888
    Mortgage-backed securities (4)                           937,155            0   -  141,118      937,155
  Repurchase agreements (5)                                        0            0            0            0
  Term auction credit                                              0            0            0            0
  Other loans                                                 18,242   -      787   -   61,821       17,855
    Primary credit                                                21   -        9   -    6,749            2
    Secondary credit                                               0            0   -      600            0
    Seasonal credit                                                5   +        2   -       16            7
    Credit extended to American International
       Group, Inc., net (6)                                        0            0   -   25,538            0
    Term Asset-Backed Securities Loan Facility (7)            18,216   -      780   -   28,917       17,847
    Other credit extensions                                        0            0            0            0
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (8)                                      0            0   -    7,800            0
  Net portfolio holdings of Maiden Lane LLC (9)               25,619   +       34   -    1,813       25,612
  Net portfolio holdings of Maiden Lane II LLC (10)           15,819   -       48   +      628       15,847
  Net portfolio holdings of Maiden Lane III LLC (11)          23,014   +       75   +    1,084       23,051
  Net portfolio holdings of TALF LLC (12)                        718            0   +      314          718
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (6)                                              0            0   -   25,416            0
  Float                                                       -1,331   +       21   +      460       -1,532
  Central bank liquidity swaps (13)                                0            0            0            0
  Other Federal Reserve assets (14)                          124,141   +    2,601   +   27,039      125,208
Gold stock                                                    11,041            0            0       11,041
Special drawing rights certificate account                     5,200            0            0        5,200
Treasury currency outstanding (15)                            43,738   +       14   +      690       43,738

Total factors supplying reserve funds                      2,703,273   +   23,675   +  346,540    2,709,476
 
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, 2011
Federal Reserve Banks                                     Apr 13, 2011  Apr 6, 2011 Apr 14, 2010
 
Currency in circulation (15)                               1,009,301   +    3,057   +   73,665    1,011,140
Reverse repurchase agreements (16)                            56,799   -    4,250   +    2,119       54,022
  Foreign official and international accounts                 56,799   -    2,728   +    2,119       54,022
  Others                                                           0   -    1,521            0            0
Treasury cash holdings                                           216   +        6   +        8          207
Deposits with F.R. Banks, other than reserve balances         41,533   -   25,768   -  162,603       39,635
  Term deposits held by depository institutions                5,081   +    5,081   +    5,081        5,081
  U.S. Treasury, general account                              25,419   -   29,383   +   13,753       24,772
  U.S. Treasury, supplementary financing account               5,000            0   -  169,967        5,000
  Foreign official                                               129   -        6   -    3,088          123
  Service-related                                              2,548   +       36   -      158        2,548
    Required clearing balances                                 2,548   +       36   -      158        2,548
    Adjustments to compensate for float                            0            0            0            0
  Other                                                        3,357   -    1,496   -    8,223        2,112
Funds from American International Group, Inc. asset
   dispositions, held as agent (6)                                 0            0            0            0
Other liabilities and capital (17)                            73,162   +      760   +    4,953       72,833

Total factors, other than reserve balances,
   absorbing reserve funds                                 1,181,011   -   26,194   -   81,858    1,177,837

Reserve balances with Federal Reserve Banks                1,522,262   +   49,869   +  428,399    1,531,639
 
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. Current face value of the securities, which is the
   remaining principal balance of the underlying mortgages.
5. Cash value of agreements.
6. As a result of the closing of the American International Group, Inc. (AIG) recapitalization plan on
   January 14, 2011, the credit extended to AIG was fully repaid and the Federal Reserve's commitment to lend
   any further funds was terminated. In addition, the Federal Reserve Bank of New York (FRBNY) has been paid
   in full for its preferred interests in AIA Aurora LLC and ALICO Holdings LLC. The funds from AIG asset
   dispositions that FRBNY held as agent were the source of repayment of the credit extended to AIG, as well
   as a portion of the FRBNY's preferred interests in ALICO Holdings LLC. The remaining FRBNY preferred
   interests in ALICO Holdings LLC and AIA Aurora LLC, valued at approximately $20 billion, were purchased by
   AIG through a draw on the Treasury's Series F preferred stock commitment and then transferred by AIG to
   the Treasury as consideration for the draw on the available Series F funds.
7. Includes credit extended by the Federal Reserve Bank of New York to eligible borrowers through the Term
   Asset-Backed Securities Loan Facility.
8. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
9.  Refer to table 4 and the note on consolidation accompanying table 9.
10. Refer to table 5 and the note on consolidation accompanying table 9.
11. Refer to table 6 and the note on consolidation accompanying table 9.
12. Refer to table 7 and the note on consolidation accompanying table 9.
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, and the fair value adjustment to credit extended by the FRBNY to eligible borrowers through the
    Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on
    January 14, 2011, included accrued dividends on the FRBNY's preferred interests in AIA Aurora LLC and
    ALICO Holdings LLC.
15. Estimated.
16. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
17. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only
    to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Refer to table 8 and table 9.

Sources: Federal Reserve Banks and the U.S. Department of the Treasury.

 
1A. Memorandum Items
Millions of dollars
                                                                Averages of daily figures         Wednesday  
                                                           Week ended   Change from week ended   Apr 13, 2011
Memorandum item                                           Apr 13, 2011  Apr 6, 2011 Apr 14, 2010
 
Marketable securities held in custody for foreign
   official and international accounts (1)                 3,417,809   +   10,420   +  383,402    3,408,965
  U.S. Treasury securities                                 2,654,919   +   12,147   +  403,877    2,650,037
  Federal agency securities (2)                              762,890   -    1,727   -   20,475      758,927
Securities lent to dealers                                    24,471   -    3,694   +   17,942       23,342
  Overnight facility (3)                                      24,471   -    3,694   +   17,942       23,342
    U.S. Treasury securities                                  23,282   -    3,709   +   17,953       22,440
    Federal agency debt securities                             1,190   +       16   -       10          902
 
Note: Components may not sum to totals because of rounding.

1. Face value of the securities. Includes U.S. Treasury STRIPS and other zero-coupon bonds at face value and
   mortgage-backed securities at original face value.
2. Includes debt and mortgage-backed securities.
3. Fully collateralized by U.S. Treasury securities.

 
2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities,     April 13, 2011
Millions of dollars
                                       Within 15    16 days to   91 days to  Over 1 year  Over 5 years    Over 10        All     
Remaining maturity                        days       90 days       1 year     to 5 years   to 10 years     years    
 
Other loans (1)                                5            3            5       17,842            0           ...       17,855
U.S. Treasury securities (2)
  Holdings                                15,733       24,855       68,372      585,483      496,992       183,260    1,374,695
  Weekly changes                      -    3,516   +    3,520   +        1   +    6,365   +    8,116    +    2,003   +   16,488
Federal agency debt securities (3)
  Holdings                                 5,770       10,048       18,592       67,221       26,910         2,347      130,888
  Weekly changes                      +    1,735   -    3,342            0            0            0             0   -    1,607
Mortgage-backed securities (4)
  Holdings                                     0            0            0           20           23       937,112      937,155
  Weekly changes                               0            0            0            0            0             0            0
Asset-backed securities held by
   TALF LLC (5)                                0            0            0            0            0             0            0
Repurchase agreements (6)                      0            0          ...          ...          ...           ...            0
Central bank liquidity swaps (7)               0            0            0            0            0             0            0

Reverse repurchase agreements (6)         54,022            0          ...          ...          ...           ...       54,022
Term deposits                                  0        5,081            0          ...          ...           ...        5,081
 
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 Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III
   LLC, and TALF LLC. The loans were eliminated when preparing the FRBNY's statement of condition consistent with consolidation
   under generally accepted accounting principles.
2. Face value. For inflation-indexed securities, includes the original face value and compensation that adjusts for the effect of
   inflation on the original face value of such securities.
3. Face value.
4. Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. Current face value of the securities, which is the remaining principal
   balance of the underlying mortgages.
5. Face value of asset-backed securities held by TALF LLC, which is the remaining principal balance of the underlying assets.
6. Cash value of agreements.
7. 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 13, 2011 
 
Mortgage-backed securities held outright (1)                                                                             937,155

Commitments to buy mortgage-backed securities (2)                                                                              0
Commitments to sell mortgage-backed securities (2)                                                                             0

Cash and cash equivalents (3)                                                                                                  0
 
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, dollar rolls,
   and coupon swaps.
3. This amount is included in other Federal Reserve assets in table 1 and in other assets in table 8 and table 9.

 
4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Apr 13, 2011 
 
Net portfolio holdings of Maiden Lane LLC (1)                                                                             25,612

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 23,470
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         670
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                              1,334
 
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, 2010. 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 9.
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 8 and table 9.

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 13, 2011 
 
Net portfolio holdings of Maiden Lane II LLC (1)                                                                          15,847

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 12,155
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         498
Deferred payment and accrued interest payable to subsidiaries of American International Group, Inc. (3)                    1,081
 
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, 2010. 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 9.
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
   8 and table 9.

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 13, 2011 
 
Net portfolio holdings of Maiden Lane III LLC (1)                                                                         23,051

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                 12,346
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                         592
Outstanding principal amount and accrued interest on loan payable to American International Group, Inc. (3)                5,415
 
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, 2010. 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 9.
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 8 and table 9.

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 TALF LLC
Millions of dollars
                                                                                                                        Wednesday   
Account name                                                                                                           Apr 13, 2011 
 
Asset-backed securities holdings (1)                                                                                           0
Other investments, net                                                                                                       718
Net portfolio holdings of TALF LLC                                                                                           718

Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                      0
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                           0
Funding provided by U.S. Treasury to TALF LLC, including accrued interest payable (3)                                        107
 
1. Fair value. Fair value reflects an estimate of the price that would be received upon selling an asset if the transaction were to
   be conducted in an orderly market on the measurement date.
2. Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's statement of condition consistent
   with consolidation under generally accepted accounting principles. Refer to the note on consolidation accompanying table 9.
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 8 and table 9.

Note: On November 25, 2008, the Federal Reserve announced the creation of the Term Asset-Backed Securities Loan Facility (TALF)
under the authority of section 13(3) of the Federal Reserve Act. The TALF is a facility under which the Federal Reserve Bank of New
York (FRBNY) extends loans with a term of up to five years to holders of eligible asset-backed securities. The TALF is intended to
assist financial markets in accommodating the credit needs of consumers and businesses by facilitating the issuance of asset-backed
securities collateralized by a variety of consumer and business loans. The loans provided through the TALF to eligible borrowers are
non-recourse, meaning that the obligation of the borrower can be discharged by surrendering the collateral to the FRBNY. The loans
are extended for the market value of the security less an amount known as a haircut. As a result, the borrower bears the initial
risk of a decline in the value of the security.

TALF LLC is a limited liability company formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a TALF loan. TALF LLC has committed, for a fee, to purchase all asset-backed
securities received by the FRBNY in conjunction with a TALF loan at a price equal to the TALF loan plus accrued but unpaid interest.
Losses on asset-backed securities held by TALF LLC will be offset in the following order: by the commitment fees collected by TALF
LLC, by the interest received on investments of TALF LLC, by up to $4.3 billion in subordinated debt funding provided by the U.S.
Treasury, and finally, by senior debt funding provided by the FRBNY. Payments by TALF LLC from the proceeds of its net portfolio
holdings will be made in the following order: operating expenses of TALF LLC, principal due to the FRBNY, principal due to the U.S.
Treasury, interest due to the FRBNY, and interest due to the U.S. Treasury. Any remaining funds will be shared by the FRBNY and the
U.S. Treasury.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Apr 13, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Apr 6, 2011 Apr 14, 2010
 
Assets
  Gold certificate account                                                  11,037             0            0
  Special drawing rights certificate account                                 5,200             0            0
  Coin                                                                       2,179             0   +      112
  Securities, repurchase agreements, term auction
     credit, and other loans                                             2,460,593    +   14,242   +  333,781
    Securities held outright (1)                                         2,442,738    +   14,881   +  395,251
      U.S. Treasury securities                                           1,374,695    +   16,488   +  597,984
        Bills (2)                                                           18,423             0            0
        Notes and bonds, nominal (2)                                     1,289,826    +   16,411   +  580,954
        Notes and bonds, inflation-indexed (2)                              59,486             0   +   15,709
        Inflation compensation (3)                                           6,960    +       76   +    1,321
      Federal agency debt securities (2)                                   130,888    -    1,607   -   38,015
      Mortgage-backed securities (4)                                       937,155             0   -  164,719
    Repurchase agreements (5)                                                    0             0            0
    Term auction credit                                                          0             0            0
    Other loans                                                             17,855    -      639   -   61,470
  Net portfolio holdings of Commercial Paper
     Funding Facility LLC (6)                                                    0             0   -    7,809
  Net portfolio holdings of Maiden Lane LLC (7)                             25,612    -        8   -    1,910
  Net portfolio holdings of Maiden Lane II LLC (8)                          15,847    +       33   +      656
  Net portfolio holdings of Maiden Lane III LLC (9)                         23,051    +       43   +    1,015
  Net portfolio holdings of TALF LLC (10)                                      718             0   +      314
  Preferred interests in AIA Aurora LLC and ALICO
     Holdings LLC (11)                                                           0             0   -   25,416
  Items in process of collection                            (101)              130    -       74   -       54
  Bank premises                                                              2,213             0   -       26
  Central bank liquidity swaps (12)                                              0             0            0
  Other assets (13)                                                        123,002    +    2,534   +   26,182

Total assets                                                (101)        2,669,583    +   16,771   +  326,846
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
8. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
                                                       Eliminations from  Wednesday         Change since       
                                                        consolidation   Apr 13, 2011   Wednesday    Wednesday  
Assets, liabilities, and capital                                                       Apr 6, 2011 Apr 14, 2010
 
Liabilities
  Federal Reserve notes, net of F.R. Bank holdings                         969,784    +    1,736   +   74,334
  Reverse repurchase agreements (14)                                        54,022    -      600   -    1,204
  Deposits                                                    (0)        1,571,282    +   15,222   +  251,167
    Term deposits held by depository institutions                            5,081    +    5,081   +    5,081
    Other deposits held by depository institutions                       1,534,194    +   29,056   +  470,214
    U.S. Treasury, general account                                          24,772    -   16,190   +   15,294
    U.S. Treasury, supplementary financing account                           5,000             0   -  169,967
    Foreign official                                                           123    -       40   -    2,523
    Other                                                     (0)            2,112    -    2,685   -   66,932
  Deferred availability cash items                          (101)            1,662    -      224   -      771
  Other liabilities and accrued dividends (15)                              20,251    +      641   +    5,078

Total liabilities                                           (101)        2,617,001    +   16,776   +  328,604

Capital accounts
  Capital paid in                                                           26,291    -        2   +       68
  Surplus                                                                   26,291    -        2   +      735
  Other capital accounts                                                         0             0   -    2,562

Total capital                                                               52,582    -        5   -    1,758
 
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. 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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other
   investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation accompanying table 9.
8. Refer to table 5 and the note on consolidation accompanying table 9.
9.  Refer to table 6 and the note on consolidation accompanying table 9.
10. Refer to table 7 and the note on consolidation accompanying table 9.
11. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank
    of New York has been paid in full for its	preferred interests in AIA Aurora LLC and ALICO Holdings LLC. A
    portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were
    held as agent by the Federal Reserve.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when
    the foreign currency is returned to the foreign central bank. This exchange rate equals the market exchange
    rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates
    and the fair value adjustment to credit extended by the Federal Reserve Bank of New York (FRBNY) to
    eligible borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG
    recapitalization plan on January 14, 2011, included accrued dividends on the FRBNY's preferred interests in
    AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt
    securities, and mortgage-backed securities.
15. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to
    entities other than the Federal Reserve Bank of New York, including liabilities that have recourse only to
    the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation
    accompanying table 9. Also includes the liability for interest on Federal Reserve notes due to U.S.
    Treasury. Before the closing of the AIG recapitalization plan on January 14, 2011, included funds from
    American International Group, Inc. asset dispositions, held as agent.


 
9. Statement of Condition of Each Federal Reserve Bank,     April 13, 2011
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Assets
  Gold certificate account                      11,037         369       4,038         404         463         846       1,385         887         324         203         296         652       1,170
  Special drawing rights certificate acct.       5,200         196       1,818         210         237         412         654         424         150          90         153         282         574
  Coin                                           2,179          53          82         168         160         363         172         340          32          62         159         223         364
  Securities, repurchase agreements,
     term auction credit, and other
     loans                                   2,460,593      61,818   1,014,615      57,045      82,994     278,201     231,150     184,152      62,924      33,441      83,796     102,572     267,886
    Securities held outright (1)             2,442,738      61,818     996,766      57,045      82,994     278,201     231,150     184,149      62,921      33,441      83,796     102,572     267,886
      U.S. Treasury securities               1,374,695      34,789     560,948      32,103      46,706     156,563     130,084     103,633      35,410      18,819      47,158      57,724     150,757
        Bills (2)                               18,423         466       7,517         430         626       2,098       1,743       1,389         475         252         632         774       2,020
        Notes and bonds (3)                  1,356,272      34,323     553,431      31,673      46,080     154,465     128,341     102,244      34,935      18,567      46,526      56,950     148,737
      Federal agency debt securities (2)       130,888       3,312      53,409       3,057       4,447      14,907      12,386       9,867       3,371       1,792       4,490       5,496      14,354
      Mortgage-backed securities (4)           937,155      23,716     382,409      21,885      31,840     106,732      88,681      70,649      24,139      12,829      32,148      39,352     102,774
    Repurchase agreements (5)                        0           0           0           0           0           0           0           0           0           0           0           0           0
    Term auction credit                              0           0           0           0           0           0           0           0           0           0           0           0           0
    Other loans                                 17,855           0      17,848           0           0           0           0           3           4           1           1           0           0
  Net portfolio holdings of Commercial
     Paper Funding Facility LLC (6)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane LLC (7)                               25,612           0      25,612           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane II LLC (8)                            15,847           0      15,847           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of Maiden
     Lane III LLC (9)                           23,051           0      23,051           0           0           0           0           0           0           0           0           0           0
  Net portfolio holdings of TALF LLC (10)          718           0         718           0           0           0           0           0           0           0           0           0           0
  Preferred interests in AIA Aurora LLC
     and ALICO Holdings LLC (11)                     0           0           0           0           0           0           0           0           0           0           0           0           0
  Items in process of collection                   231           4           0          48          59           6         -26          23          11          39          25          22          20
  Bank premises                                  2,213         125         256          68         139         238         216         208         136         107         263         246         212
  Central bank liquidity swaps (12)                  0           0           0           0           0           0           0           0           0           0           0           0           0
  Other assets (13)                            123,002       3,386      46,906       4,879       5,256      16,491      10,653       7,909       2,721       2,171       3,545       4,466      14,619
  Interdistrict settlement account                   0   -   9,080   + 288,393   +  40,834   -  17,287   -  94,239   -  72,347   -  28,539   -  23,307   -   8,014   -  30,510   -   7,771   -  38,132

Total assets                                 2,669,683      56,871   1,421,336     103,656      72,020     202,319     171,858     165,403      42,992      28,098      57,728     100,692     246,712
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

 
9. Statement of Condition of Each Federal Reserve Bank,     April 13, 2011 (continued)
Millions of dollars
                                               Total      Boston     New York   Philadelphia Cleveland   Richmond     Atlanta     Chicago    St. Louis  Minneapolis   Kansas      Dallas        San    
Assets, liabilities, and capital                                                                                                                                       City                  Francisco 
 
Liabilities
  Federal Reserve notes outstanding          1,124,270      43,117     386,809      46,313      46,496      90,042     140,623      86,175      31,833      19,619      32,444      75,250     125,548
    Less: Notes held by F.R. Banks             154,486       4,487      43,356       4,948       7,229      11,908      22,626      12,575       3,981       5,282       3,245      11,084      23,764
      Federal Reserve notes, net               969,784      38,630     343,453      41,365      39,267      78,134     117,997      73,600      27,852      14,337      29,199      64,166     101,783
  Reverse repurchase agreements (14)            54,022       1,367      22,044       1,262       1,835       6,152       5,112       4,072       1,391         740       1,853       2,268       5,924
  Deposits                                   1,571,282      14,703   1,025,741      55,777      26,350     105,997      44,865      85,653      12,986      10,756      25,782      33,013     129,659
    Term deposits held by depository
       institutions                              5,081          15       2,550       1,250          11         765           7         226          52          35          11          10         148
    Other deposits held by depository
       institutions                          1,534,194      14,685     991,435      54,522      26,335     105,069      44,856      85,401      12,903      10,719      25,769      33,002     129,496
    U.S. Treasury, general account              24,772           0      24,772           0           0           0           0           0           0           0           0           0           0
    U.S. Treasury, supplementary
       financing account                         5,000           0       5,000           0           0           0           0           0           0           0           0           0           0
    Foreign official                               123           1          95           4           3           8           2           1           0           1           0           1           6
    Other                                        2,112           1       1,890           0           1         155           0          25          30           0           1           0           9
  Deferred availability cash items               1,763          62           0         308         216          64          97         107          62         411          99          84         253
  Interest on Federal Reserve notes due
     to U.S. Treasury (15)                       2,032          59         818          73          86         257         172         133          43          31          55          71         232
  Other liabilities and accrued
     dividends (16)                             18,219         216      13,866         254         328         847         604         505         216         160         225         312         685

Total liabilities                            2,617,101      55,037   1,405,922      99,038      68,083     191,452     168,847     164,071      42,552      26,435      57,213      99,915     238,537

Capital
  Capital paid in                               26,291         917       7,707       2,309       1,968       5,433       1,505         666         220         831         257         389       4,088
  Surplus                                       26,291         917       7,707       2,309       1,968       5,433       1,505         666         220         831         257         389       4,088
  Other capital                                      0           0           0           0           0           0           0           0           0           0           0           0           0

Total liabilities and capital                2,669,683      56,871   1,421,336     103,656      72,020     202,319     171,858     165,403      42,992      28,098      57,728     100,692     246,712
 
Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.

9. Statement of Condition of Each Federal Reserve Bank,     April 13, 2011 (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. 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. Includes the book value of the commercial paper, net of amortized costs and related fees, and other investments held by the Commercial Paper Funding Facility LLC.
7. Refer to table 4 and the note on consolidation below.
8. Refer to table 5 and the note on consolidation below.
9.  Refer to table 6 and the note on consolidation below.
10. Refer to table 7 and the note on consolidation below.
11. As a result of the closing of the AIG recapitalization plan on January 14, 2011, the Federal Reserve Bank of New York has been paid in full for its preferred interests in AIA Aurora LLC and ALICO
    Holdings LLC. A portion of the preferred interests was redeemed by AIG with the funds from AIG asset dispositions that were held as agent by the Federal Reserve.
12. Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.
13. Includes other assets denominated in foreign currencies, which are revalued daily at market exchange rates and the fair value adjustment to credit extended by the Federal Reserve Bank of New York
    (FRBNY) to eligible	borrowers through the Term Asset-Backed Securities Loan Facility. Before the closing of the AIG recapitalization plan on January 14, 2011, included accrued dividends on the
    FRBNY's preferred interests in AIA Aurora LLC and ALICO Holdings LLC.
14. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.
15. Represents the estimated weekly remittances to U.S Treasury as interest on Federal Reserve notes or, in those cases where the Reserve Bank's net earnings are not sufficient to equate surplus to
    capital paid-in, the deferred asset for interest on Federal Reserve notes. The amount of any deferred asset, which is presented as a negative amount in this line, represents the amount of the
    Federal Reserve Bank's earnings that must be retained before remittances to the U.S. Treasury resume. The amounts on this line are calculated in accordance with Board of Governors policy, which
    requires the Federal Reserve Banks to remit residual earnings to the U.S. Treasury as interest on Federal Reserve notes after providing for the costs of operations, payment of dividends, and the
    amount necessary to equate surplus with capital paid-in.
16. Includes the liabilities of Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and TALF LLC to entities other than the Federal Reserve Bank of New York, including liabilities that have
    recourse only to the portfolio holdings of these LLCs. Refer to table 4 through table 7 and the note on consolidation below. Before the closing of the AIG recapitalization plan on January 14,
    2011, included funds from American International Group, Inc. asset dispositions, held as agent.


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 November 25, 2008, a loan was extended to Maiden Lane III LLC, which was formed to purchase multi-sector
collateralized debt obligations on which the Financial Products group of the American International Group, Inc. has written credit default swap contracts. On December 12, 2008, a loan was extended to
Maiden Lane II LLC, which was formed to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of subsidiaries of American International Group, Inc.
On November 25, 2008, the Federal Reserve Board authorized the FRBNY to extend credit to TALF LLC, which was formed to purchase and manage any asset-backed securities received by the FRBNY in
connection with the decision of a borrower not to repay a loan extended under the Term Asset-Backed Securities Loan Facility.

The FRBNY is the primary beneficiary of TALF LLC, because of the two beneficiaries of the LLC, the FRBNY and the U.S. Treasury, the FRBNY is primarily responsible for directing the financial
activities of TALF LLC. The FRBNY is the primary beneficiary of the other LLCs cited above because it will receive a majority of any residual returns of the LLCs and absorb a majority of any residual
losses of the LLCs. Consistent with generally accepted accounting principles, the assets and liabilities of these LLCs have been consolidated with the assets and liabilities of the FRBNY in the
preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extensions of credit from the FRBNY to the LLCs are eliminated, the net assets of the LLCs
appear as assets on the previous page (and in table 1 and table 8), 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 8).

 
10. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
                                                                                            Wednesday   
Federal Reserve notes and collateral                                                       Apr 13, 2011 
 
Federal Reserve notes outstanding                                                          1,124,270
  Less: Notes held by F.R. Banks not subject to collateralization                            154,486
    Federal Reserve notes to be collateralized                                               969,784
Collateral held against Federal Reserve notes                                                969,784
  Gold certificate account                                                                    11,037
  Special drawing rights certificate account                                                   5,200
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   953,547
  Other assets pledged                                                                             0
Memo:
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                     2,442,738
  Less: Face value of securities under reverse repurchase agreements                          38,196
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged      2,404,542
 
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.