FEDERAL RESERVE Statistical Release

H.4.1
Factors Affecting Reserve Balances of Depository Institutions and
Condition Statement of Federal Reserve Banks
                                                                                           November 9, 2006
1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
                                                                   Averages of daily figures
Reserve Bank credit, related items, and                   Week ended   Change from week ended     Wednesday
reserve balances of depository institutions at            Nov 8, 2006  Nov 1, 2006  Nov 9, 2005  Nov 8, 2006
Federal Reserve Banks

Reserve Bank Credit                                         835,238    +   1,813    +  35,914      844,122
 Securities held outright                                   769,971    +   1,320    +  28,935      770,425       
    U.S. Treasury (1)                                       769,971    +   1,320    +  28,935      770,425
       Bills (2)                                            277,019            0    +   6,200      277,019
       Notes and bonds, nominal (2)                         459,065    -     332    +  11,930      459,065
       Notes and bonds, inflation-indexed (2)                29,681    +   1,628    +   9,698       30,105
       Inflation compensation (3)                             4,206    +      24    +   1,108        4,236
    Federal agency (2)                                            0            0            0            0      
 Repurchase agreements(4)                                    23,536    +   1,107    +   5,679       31,500
 Loans to depository institutions                               169    -       3    +      50          318
    Primary credit                                               45    +      24    +      42          196
    Secondary credit                                              0            0            0            0
    Seasonal credit                                             124    -      28    +       8          122
 Float                                                          631    -     603    +     396          714
 Other Federal Reserve assets                                40,931    -       9    +     853       41,165
Gold stock                                                   11,041            0            0       11,041
Special drawing rights certificate account                    2,200            0            0        2,200
Treasury currency outstanding (5)                            38,154    +      14    +   1,698       38,154
       
Total factors supplying reserve funds                       886,633    +   1,827    +  37,612      895,517
                                                                   
Currency in circulation(5)                                  797,352    +   2,607    +  26,474      800,311
Reverse repurchase agreements (6)                            32,165    +     207    +   7,206       31,487
   Foreign official and international accounts               32,165    +     207    +   7,206       31,487
   Dealers                                                        0            0            0            0
Treasury cash holdings                                          190    +       9    -      35          183
Deposits with F.R.Banks, other than reserve balances         12,337    +      33    -   1,799       11,985       
  U.S. Treasury, general account                              5,034    +      52    +      32        4,624
  Foreign official                                              100    +      11    +      15          155
  Service-related                                             6,931    -       1    -   1,849        6,931
     Required clearing balances                               6,931    -       1    -   1,849        6,931
     Adjustments to compensate for float                          0            0            0            0
  Other                                                         272    -      28    +       2          275
Other liabilities and capital                                36,637    -      51    +   5,063       36,213

Total factors, other than reserve balances,                                        
   absorbing reserve funds                                  878,681    +   2,804    +  36,908      880,180

Reserve balances with Federal Reserve Banks                   7,952    -     978    +     704       15,337
                                                                

Memo (off-balance-sheet items):
  Marketable securities held in custody for foreign
         official and international accounts(2,7)         1,696,064    +   2,106    + 218,251    1,700,827
     U.S. Treasury                                        1,144,634    -     840    +  60,700    1,148,020
     Federal agency                                         551,430    +   2,945    + 157,551      552,807
  Securities lent to dealers                                  1,650    +     590    -   2,693        1,628   


Note: Components may not sum to totals because of rounding.


1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.  
2  Face value of the securities. 
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Estimated. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes U.S. Treasury STRIPS and other zero coupon bonds at face value.


Sources: Federal Reserve Banks and the U.S. Department of the Treasury.


2. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of Dollars
                                              Eliminations                          Change Since
                                                  from       Wednesday        Wednesday        Wednesday
Assets, liabilities, and capital             consolidation  Nov 8, 2006      Nov 1, 2006      Nov 9, 2005

Assets
Gold certificate account                                        11,037                0        +       1
Special drawing rights certificate account                       2,200                0                0
Coin                                                               847        +      13        +     117
Securities, repurchase agreements, and loans                   802,243        +   7,129        +  35,895
   Securities held outright                                    770,425        +     507        +  28,708
      U.S. Treasury (1)                                        770,425        +     507        +  28,708       
         Bills (2)                                             277,019                0        +   6,001
         Notes and bonds, nominal (2)                          459,065                0        +  11,473
         Notes and bonds, inflation-indexed (2)                 30,105        +     494        +  10,122
         Inflation compensation (3)                              4,236        +      13        +   1,114
      Federal agency (2)                                             0                0                0
   Repurchase agreements (4)                                    31,500        +   6,500        +   7,000    
   Loans                                                           318        +     121        +     187
Items in process of collection                    (1,404)        5,164        -   4,451        -   1,943
Bank premises                                                    1,904        -       8        +      62
Other assets (5)                                                39,244        +     408        +     956
      Total assets                                (1,404)      862,639        +   3,091        +  35,087
                          
Liabilities
Federal Reserve notes net of FR Bank holdings                  763,183        +   3,094        +  23,573
Reverse repurchase agreements (6)                               31,487        +     301        +   6,466
Deposits                                              (0)       27,306        +     114        +   2,129       
  Depository institutions                                       22,252        +     481        +   2,809
  U.S. Treasury, general account                                 4,624        -     383        -     764
  Foreign official                                                 155        +      64        +      72
  Other                                               (0)          275        -      48        +      11
Deferred availability cash items                  (1,404)        4,450        -     370        -   1,948
Other liabilities and accrued dividends (7)                      5,610        +      49        +   1,513
      Total liabilities                           (1,404)      832,036        +   3,187        +  31,732
                          
Capital Accounts
Capital paid in                                                 15,296        +     183        +   1,850
Surplus                                                         12,901                0        +   1,276
Other capital accounts                                           2,406        -     280        +     229
      Total capital                                             30,603        -      97        +   3,355


Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Compensation that adjusts for the effect of inflation on the original face value of inflation-indexed securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securites.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates. 
6  Cash value of agreements, which are collateralized by U.S. Treasury securities.
7  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of 
   foreign exchange commitments.



3. Maturity Distribution of Loans and Securities,   November 8, 2006
Millions of dollars
                                    U.S. Treasury           Federal agency                      Reverse
Maturity             Loans           securities (1)          securities           Repurchase   repurchase
                                              Weekly                    Weekly    agreements(2)agreements(2)
                                  Holdings    changes      Holdings    changes    
Within 15 days             207       42,894   -  17,180            0           0       31,500       31,487
16 days to 90 days         112      178,195   +  23,353            0           0            0            0
91 days to 1 year            0      187,174   -   6,176            0           0     ------      ------
Over 1 to 5 years     ------        218,530   +     203            0           0     ------      ------
Over 5 to 10 years    ------         62,057   +     311            0           0     ------      ------
Over 10 years         ------         81,575   -       3            0           0     ------      ------
                   		 	
All                        318      770,425   +     507            0           0       31,500      31,487

Note: Components may not sum to totals because of rounding.
---   Not applicable.

1  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
2  Cash value of agreements classified by remaining maturity of the agreements.



4. Statement of Condition of Each Federal Reserve Bank on   November 8, 2006
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        486      4,139        463        446        853      1,023        947        328        211        324        575      1,242
Special drawing rights certificate acct.       2,200        115        874         83        104        147        166        212         71         30         66         98        234
Coin                                             847         23         44         62         77         82        108         97         39         32         63         81        139
Securities, repurchase agreements,
      and loans                              802,243     36,840    316,767     33,449     33,267     63,999     64,503     70,797     24,478     15,699     22,586     34,578     85,278
   Securities held outright                  770,425     36,763    285,155     33,449     33,267     63,999     64,497     70,740     24,478     15,662     22,560     34,576     85,278
      U.S. Treasury (1)                      770,425     36,763    285,155     33,449     33,267     63,999     64,497     70,740     24,478     15,662     22,560     34,576     85,278
         Bills (2)                           277,019     13,219    102,532     12,027     11,962     23,012     23,191     25,436      8,801      5,632      8,112     12,432     30,663
         Notes and bonds(3)                  493,406     23,545    182,623     21,422     21,305     40,987     41,306     45,304     15,676     10,031     14,448     22,143     54,615
         Federal agency (2)                        0          0          0          0          0          0          0          0          0          0          0          0          0
      Repurchase agreements(4)                31,500          0     31,500          0          0          0          0          0          0          0          0          0          0
      Loans                                      318         77        112          0          0          0          6         57          1         37         26          3          0
Items in process of collection                 6,569        233         96        890        750        376        881        267        307        256        806        577      1,129
Bank premises                                  1,904        115        207         57        157        162        231        209         75        116        137        259        177
Other assets(5)                               39,244      1,259     14,182      1,854      2,305      6,989      2,798      2,806        780        721        745        987      3,819
Interdistrict settlement account                   0    -   930    - 8,350    +   748    - 1,995    + 4,295    + 8,735    - 6,356    -   306    -    57    + 2,081    - 1,121    + 3,255
          Total Assets                       864,043     38,142    327,960     37,605     35,110     76,904     78,445     68,980     25,773     17,008     26,808     36,035     95,274

Note: Components may not sum to totals because of rounding.

1  Includes securities lent to dealers, which are fully collateralized by other U.S. Treasury securities.
2  Face value of the securities.
3  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face 
   value of such securities. 
4  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.
5  Includes assets denominated in foreign currencies, which are revalued daily at market exchange rates.




4. Statement of Condition of Each Federal Reserve Bank on   November 8, 2006
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             943,413     38,217    345,246     38,961     36,822     75,260     95,394     77,834     27,332     17,525     28,742     51,771    110,309
  Less: notes held by F.R. Banks              180,230      3,915     53,758      7,459      7,018     12,432     25,495     15,652      3,702      2,474      4,370     18,954     24,999
    Federal Reserve notes, net                763,183     34,302    291,488     31,502     29,804     62,828     69,899     62,182     23,630     15,050     24,372     32,817     85,310
Reverse repurchase agreements (1)              31,487      1,503     11,654      1,367      1,360      2,616      2,636      2,891      1,000        640        922      1,413      3,485
Deposits                                       27,306        909     15,134        384        815      2,156      2,470      1,260        443        294        480        728      2,233
  Depository institutions                      22,252        908     10,216        382        812      2,041      2,467      1,257        442        293        479        727      2,228
  U.S. Treasury, general account                4,624          0      4,624          0          0          0          0          0          0          0          0          0          0
  Foreign official                                155          1        126          2          3         11          3          3          0          1          1          0          4
  Other                                           275          0        168          0          0        104          0          0          1          0          1          0          1
Deferred availability cash items                5,855        351        133        934        622        525        550        375        153        315        491        372      1,033
Other liabilities and accrued                 
  dividends (2)                                 5,610        272      1,871        275        276        578        480        501        198        146        185        262        566
   
    Total liabilities                         833,441     37,336    320,281     34,461     32,877     68,704     76,034     67,209     25,425     16,444     26,450     35,592     92,627
                              
Capital                    
Capital paid in                                15,296        390      3,722      1,811      1,106      4,084      1,273        845        166        276        175        209      1,238
Surplus                                        12,901        317      3,685        744      1,013      3,307        892        876        144        245        175        153      1,349
Other capital                                   2,406         99        271        588        113        809        245         50         38         43          8         81         60
     Total liabilities and capital            864,043     38,142    327,960     37,605     35,110     76,904     78,445     68,980     25,773     17,008     26,808     36,035     95,274
                              

Note: Components may not sum to totals because of rounding.

1  Cash value of agreements, which are collateralized by U.S. Treasury securities.
2  Includes exchange-translation account reflecting the daily revaluation at market exchange rates of foreign exchange commitments.


5. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars



Federal Reserve notes and collateral        Wednesday
                                           Nov 8, 2006
              
Federal Reserve notes outstanding             943,413
   Less: Notes held by F.R. Banks
         not subject to collateralization     180,230
      Federal Reserve Notes to be
         collateralized                       763,183 
Collateral held against Federal Reserve            
   notes                                      763,183
   Gold certificate account                    11,037
   Special drawing rights                 
     certificate account                        2,200
   U.S. Treasury and agency securities   
     pledged (1)                              749,946
   Other assets pledged                             0

Memo:
Total U.S. Treasury and agency 
       securities (1)                         801,925
   Less:face value of securities under
         reverse repurchase agreements         31,762
      U.S. Treasury and agency securities
             eligible to be pledged           770,163
   

Note: Components may not sum to totals because of rounding.

1  Includes face value of U.S. Treasury and agency securities held outright, compensation to adjust for the effect of inflation on the original face 
   value of inflation-indexed securities, and cash value of repurchase agreements.